IJHlljijjwsijP'wwvf
BVBNItfO- LBDGBB-PHILABBLPHIA, SATURDAY, MAY 16, ISIS.
11
&'
SgANCIAL DISTRICT CALMLY AWAITING GERMAN REPLY MARGINS READILYjUPPLIED
-4
i
!
CHICAGO CHAIN MAKT
OFEARLY GAINS
BEFrfBE THE CLOSE
&a-.d?H!s"
gpfaiors
That Dividend May
'Deferred.
-... iciii-iu advances
K'nw TonK, ;yy ;. markel Axirin
of Ilia si""11 RMa or
. .' tlrr.lv nbai
Lure ".-"-", ,,uvlnK j0-
7.uatf there w ---- nn
Bfi'ij. n ine w- " .Hi" .-.I-.
W .. nf the short session i"""';
W'1' ??.', was entirely nusent ""'1
HW'.pArhre wns ft good miying ue-
S. "-cm, buying, "
rfy romlns from the target In
Sfe CcoSntry. It . the our-
W'aLr enl rely cleaned out, and
i.T.i Vd been """''' i..l. ho nn.
P .:.!.. were n siron n". .,,
'V grantee that they would not
f'n the market at whatever
ffirf would bring If anyming very
iV!L. occurred, . , ,,,.
ffE.ta.lnir orders appear , "
W?: .nil Ihe whole list m "",'""
"" l -.ittrtttn wrh milium
Minai"c.n,,w.. . . olmnnf
SSTtt, S'th"? -Sit?. ionS"ihai
SS. ?K,,Wt' " The better list of
el ""'. Ver by London aiso cu-
fiM 10 the improved position or
fetf , ""cables from London stated
Wfl' no pressure to unload
tSlf ikr?u ., cularly American Issues,
mU' m marl et ranged from 3 to 4
;Wl,,our mame , but Bomo
V" '"fid before the end of the day.
xU rt., dUlte a tarse demand for the
wrt,.rt; wehuB Baldwin. West ng
,r'lpd Steel Oar and American
V. Pf""... . nr na advances wore
"J0 1 at'lte -were the leaders, but they
M S Kfmo't active.. ncad.nK and
",'? ' vie nir for leattcrsnip. mu
ih( common vicins Bcth
'&Jstte1 the same amount, and similar
(Attn stecl "V hv sverat other shares
,m rr U.s sPecu.atWc group
.'&r..the close Baldwin lost most of
J rny'Bal' when rumors were clrcii
ft'.K'.r.h. company's directors aro
--..MirinV'the advisability of tloferr ng
MS ldtnd at the nest meeting, which
'Sit held the latter pari oi tne j.wtiii
'Sift Nothing could he learned from
Viourcw on this point. Other Is--'
hlch i had shown early gains re
Cm it the end on realising sales, but
ttlor ty of the list still showed sub
)"!?.;...,. for the day.
IUMUI """" .... i..
Au Street was. greatl.v pleased I at the
EM recovery or tne marnei nu .......... j
,SrtISt.. PPlnlon wm expressed that
the decline Had aooui run u-.t -Swh
wnltlnR attitude would uti
)K5lv remain In force until the reply
$ Germany Is received, the market, from
1ft MHienf appearances, should, for tho
twit part, remain steady. Condition
4Sl...kiii (he country as a' whole ar
rriduslly becomlnc; better from day to
(V, ana ip vi '" " -" .'
"durinej are shpwlns ip much better.
InU week, fqr Instance, there was nn ln
.... in clmrlncs over the same period
! Ult year of more than J.W.00O.(X. All
( ine larger ciues comuuuira iu i"
-tatH ihowlnc. with the exception of
IUmore and. St. Louts.
RArnouncement was mauo oy mc .w
itfonil City Bank on behalf of Itself nnd
'inocUte hat the entire Issue of $15,000.
19 Government of Arsentlnu five-year n
Mr cent, llonrfs have all been sold. The
.Mute of the other half of the loan In
taijon, according to cables, was nt
blbated partly to the fact that a por
tion ifj underwritten by German firms.
Jlte-weekly stntement of tho condition
el the members ot tho Clearlnc House
iineiatlbh showert a necrcase in nicr
ui'lnns of $19,8)0,000. while nctual re
link advanced' $9,700,433. Actual loans
lib off J16.793.0CO and actual reserves In-Ufa'"J10,8ITlm
IAnk clearings larger
i, .
Mira for "Week ?387,612,213 Above
Last Year.
pOcstinutd Improvement n phown In bAnk
dnitais of tile rountry In tho Innt week. The
mVi return thrnlleh all thp rlearlnir hnunen
' llnfourlrv was M.niH.nnT.Oin. nn Increase
tWU1211,ovcr tha rame period last year.
'httBi follow? . .
&-3- inn. mi4. t.c.
J!tlw'Totk....$l M.Mt,ll.a701lllt1Sftt 2,1
lBfiteii'.j.. i4t.iAt.wii inn.."ito,!isi n.n
JHfjiJelilili.. i2i.nm.nnn nn.i37.nn s.n
iBatlmar
,- -. .
iMato f iTn.Rfin.no'
ur
n"0rlean
2n.lOT.-ci
n7,(T.ni
1S.7M.nlR
n.ss.7ss ii. n
2(V.n74.7l!l 3.0
ai.274.7m - 0,4
1,V(M2.07t 0.7
Emu ..flllfj. k
Pi lr J5,40l.."l7.1.r,27 $2.00.1.501.001 19.8
Wrdtle. 5 - '
fcJ'... .. BWUIR.JBQ S50.0,211 3.5
JeuJ of aI
f4jl $2,910,492,310 $2,55.1,505,212 1.,1
Jjgjr ....', .. Stn.RTI.CIST W1,2in.2t - 4.7
all
for
sjetk ,.,. .,$1,5M.307,n4n$3.17.7.M.S.W 12.2
local Reserve Bank Statement
iTSl icnilltlon of tho Federal Reserve Dank
tPblkdelphla, at the close ot business yemer
git follows:
m nEsouncEs.
LWMlaandmldP.nl. mny "
lSf!. 3 " . ..18.5W.103
-.y."aer unies, si
May 7.
$16,00.1,737
ff , Mrtlncate.
Jjtoj'wnts and loans
yrrem Federal r
UFV. tl.nl... ...
J stint reeourfes.'.'i
and
S. 570.210
1.1155.10.1
2,330,125
l,fin7,2l
407.R14
S,B31,1St
1,007,205
2,334,123
(551,001
240,424
Totila
t'.n:H;
iToliIi
. i . ,. .237,732 $23,014,335
,. , UARIMTIES.
I In " ma oiti nn ma ICO f.n
. .,"1,.. I,l""l ', I"","""
20.033.002 10.720.305
.$50,237,732 $23,014,333
:' c
M
zrvi
HAJK CLEARINGS
Wit clearlnia today coniDared with eorre
ghl dK last two years:
m ibis ion
."4ae!DhlaI35.7l 1IT ikmadu
iJrt& . 2Atifl1 IftT J I CCA CO?
ffilTork,.80O.O2()!lW9 372ieSl!oCO
1013
$27,743,102
2S, 172,071
203,353.031
RATES FOR JIONEY
fWilrtis. ....
rail.
... 3U4
tHBS'i
jJWiV WpJr ' '.1 ' to' o months,
i vsr rrith
Tim.
.1 4
sv.nt
4 flt
Phlladel-
gMtrre Banks Discount Rates
-Dava
WlMltla
CffMlt ..
':::
P5S '
fijiJaU".
iSf")ta .
S?!,
gmnclac.
SO or 30 or CO or Over
icss. w, ltd. INI.
.,, ,., 4 4 4t, 4li
",.. 4 4 It! W
.. 4 4 4 5
........ .... 4 44 r. 5
"i 4U r.H
, 4W 5' n
4 414 BV4
, ..-.. 1, 4 4t 4(
1 ..,-. 3U 4 ill A
foreign Discount Rates
Bank Dale of last
rate, change.
,..5 Aug. H. 1014
...5 auk, 20. lull
,i R Iec. 2, 1U
. ., 0 Aur. 21, 1014
. P Apr. 10. 1013
GOVERNMENT BONDS
Iteo ,.,
jftoeJir::-:.-
24 COJ
1 w .1
I GW 3 r..
ftiftt Si--'
W8S":"::::
Bid.
B7
97
87
, 07
100V4
:::::-m
moil
4. 109
110
Ask.
m
110
New York Stock Sales
Last clots, nigh
Alaska Oold Mlnet .... .1(1 .12
Aiiis-unaim Mrg ...... 13
Am&ljamatedCop .... 03)f
Am Agr Chemical 60
Am Beet Bugat 40H
Am Can .............. 30H
Am Car & Foundtv ... 4fl
Am vyotton on
&..CEC COLLECTIONS
,-., aiav is rpi,. .. j - .
tt? .W t.W-mThlriJThS
KS. 5S "J M Ura.r clttu In
iiMa 2. rJ 4wtrt. In cviAfsoe
J5- St4 r0w lBdlBf?ftXW flit
Am Cotton Oil pf
Am Hide & L pf
Am lco Securities
Am Iicomotlro .
Am Unseed
Am Unseed pf ..
Am Smelt & Itsf 02H
Am smelt ftltcf pf ...1031, 103
m sugar itenning ...lOHt 10 1
Am Sugar lief pf us 114
Am tci & Tel us 111)
43
92
28 i
28
33'f
I)
26U
14K
05!
6(lH
42
32
Mi
45
02
27't
30) i
42
10
27
H4M
Low, Clos.
30)i 31'
13U
G3!(
50
41H
31H
AhH
HH
02
27t
2
40H
OH
27X
03H
103
104
114
14'
65H
ma
42 j
32
40
45
02
27!f
tO
41
10
27
(14H
103
104
114
I18H 119.
AmTobpfnew I07!t" 100H 106H 100H
83
3 HI
7
09
44H
71K
H
131
83
31H
7
f)71i
41J4
70H
M
83
31H
7
no
42
71M
J.
125 130
HOW 110)4" 110)4
124 121 121
80H 8514 80
01U 69)4 00
11 11 14
16W4 150H 15SA
30 3.1) i S4'4
101H 10U4 101 H
42V j 41 4214
42 41 41H
10H 1IUI 10H
26)4 i6 20)4
80)4 tB 80)4
124H 123W 12IH 123H
14SH 1474
128 1284
30 41 H
101)4 101H 101H 101H
115 llllh 115 liu
5
20H
114
I2H
23H
.18)5
31
1'J
14 04
12814 128H
30'4 4I"4
76
29
114
I2'i
24)4
?0
31
li
147)4
Am Woolen pf 83)4
Anaconda CoDner 2t'4
Assets Itealliatlon 0J4
AtchTASt' 00'4
IlatdwlnlxKo 40
llaltlmoro & Ohio 69)4
Hatopllaj. Mining 1
Ucthlehem Steel 127
Ilcthleh em Steel pf ....110
llrooklyn Union Oas ..121
llrooklyn Itap Trail . . . 85H
Ilutte & Superior 6814
Cal Petroleum 13),
Canadian Pacific 154H
Cenl Leather Co 34
Cent Leather Co pf ...101
Chcs&Ohlo 41
Chlno Copper 40)4
Chicago Great West ... 10)4
Chi Ot West pf 20
ChlMll&BtP 871
Chi Mil & St Pot
Chilli & V 21H 22)4 22H 22)4
Colorado Fuel A 1 24 25H 25 25)4
Continental Can 68 68H 68 58H
Consolidated Oas 12l! 124H 123)4 124)4
Coin Products Hof .... 12 13 12! I2!
Corn Products Ref pf . 76 75
f'ruclblo Steel Co 20)4 22'4
DttrollEdUon 7.. 114)4 114
Distillers1 Securities ... 12)4 12)4
Krlo 23)4 24H
Eric 1st pf 37)4 30
Krlo2d pf 35 .11
KedMlnftSm 11 10
General Klectrlc
General Motors
Goodrich II F Co ....
Goodrich I) F Co pf
Great Northern pf ...
GtN Cfsfororoprop .
Guggenheim Expl'n ..
HavEIRyL&P ....
Intllarv Corp
IntHarvNJ
Inter-Met vot tc
Inter-Metpf
International Paper ..
International Paper pf
Inspiration Coppor ...
Kan City Southern . .
Kan City So pr ......
Lack Steel
Lehigh Valley
Lorlllard Co
Maxwell Motors 3." ."17
Max Motors 1st pf 77 8)
Max Motors 2d pf 29 31)4
Mexican Petroleum.... 03)4 0.)4
Mo Kan & Texas ll'ii :2!4
Missouri Pacllic 12!a 1
Montana Power 40 4014
Montana Power Dt 101). 101)4 1014
Miami Copper i2 24 23H
National Dlscult 110 117)4 110
Nat Enameling & S.... 13h 144 13H
Nat Lead 63H 60 55
New York Air Brake... 76 81 79)i
Nevada Con CooDer... 13)4 14!a 13'4
'NYNII&H 60 02M II
New York Central 82)4 8314 SMH
NYO&West L'6H 2654 26)4
North American 7tW 71)4 71J4
Northern Pacific 102)4 104 103
29)4
64M
81
7(1
111
. 1'4
67)4
0!i
36
27
25
57J4
40
30H
60
8)
110
ill
2II
68Jt
II
35H
28)4
25V4
6
38
137)5 14J14
180 170
29M
64H
8)
00
01
10)4
6JH
8'4
354
'.'7
25) 1
58
37
137W
170
36
77W
31
04)'
11
12)4
4514
Pennsylvania 105h 106H 105)4
Pittsburgh Coal,
Pressed Steel Car
PubSCorpN. J
Kay Con Copper
Reading
Hep Iron & Steel
Hock Island CO pf ....
Kumely M Co
Kumelyil Co pf
Seaboard Air Line
teaboard Air Lino pf..
tears Itoo&Co
Sloss-ShefS&ICo....
St Louts & S K 2d pf ..
fcouthern Pacific
Southern Ity
fcouthern Hypf
Standard Milling
btudebaker Co.,,
Tennessee Copper
Texas Co
Texas & Pacific
Third Avenue
Union Pacific
United Rys Invest ....
United Rys Invest pf..
U S Rubber .
10)4
. 37
.107
JIH
10V4 18)4
41 iB4
106!4 10o)j
!3 21)4
30)4
65)4
81
60
01
10H
68'4
8!4
35)4
28
25)4
58
37)4
14(1
170
36H
70)4
31
07W
12)4
13
46W
101 H
23)4
117)4
144
5 1
81
14 I
2l
s;-)4
264
71H
104
lUO'i
nm
:oi.
1031-j
22),
,141)4 143)4 141V4 14:24
!4
. H
. 414
. 11)4
. 13M
. 33)4
.134
. 32
. 6
. 85)4
. 16
. 51
40
, 5'l
. 29
.120
, 14
. 465 i
.121)4
. 16
. 31
5754
25) i
if
554
134
1314
44
133
2SH
5
r-75i
ldh
62)4
49)4
03
31
122
14
4S)4
124)4
111
32
0. 4
MH
54
5
13
13)4
33
25)4
H
13'4
13)4
:4
132), 133
28
2Si
5 .
87
lb)4
52
40)4
6 54
II
854
16W
62
494
594
30
KOM H
II 14
47) i 48)4
122)4 123T4
15 10
31 32
S8H 0U)4
U S Rubber 1st pf 1054 104!, tl)4i, 1U4H
USMeel 5'il4 52, 51 515,
USSteelpf 1044 H5' 1 4'i 1065.
US Express 61 62U" 0JI4 02)4
Utahl-opper 01)4 02?i "Da 624
VaCaroChcm 27)4 28)i 27Ji 284
VaCaroChempf y5)i 0514 tl5 05
Wabash !i f. ii ii
Wabashpf 1)4 154 14 14
Western Union Tel 64)4 644 03J4 044
Westlnghouso Electric. . 85 88 854 87
Wells l'argo Exp 90 00 00 00 .
Willys Overland Ill 112 110 ,110
Willys Overland pf G9!i 09 99 "CO
WeolwoithVWCo....lOUi 101)4 1U1J4 101)4
Total sales, 280,300 shares, compared with
(VtO,20t shares tairt Saturday; this week. 5,127.
500 shares; last week, 6,003,100 shares,
CANNOT STOP "BUCKETSHOPS"
FllOJi WIRING FALSE REPORTS
Department of Justice So Decides
After Investigation.
WASHINGTON, May 15.-Tho Depart
ment of Justice decided today that the
Fedefal authorltlea cannot atop "bucket
shops" from wiring out false reports tj
affect the market. Fake reports early
this week that the President had bee.)
assassinated, war declared by Italy, Gem
eral Leonard Wood called to New York
and the naval review abandoned led to
the Inveetlsatlon.
H was believed some of these storl
originated In Pennsylvania offices. The
department was understood to have held
that only Pennsylvania can act.
NEW YORK BANK STATEMENT
Reserves Increase Ten Million Big
Drop in Loans,
NBJV YORK, May 15. An Increase of
$lKo7,390 In nctual reserves was re
ported by the New York banks far the
week Just ended. Actual loans fell 116,.
203,000, whereas average loans dropped
nearly twenty millions.
Total loans were $2,440,465,000. with total
demand deposits of $2,317,663,000 and time
deposits of $133, 674,000. Aggregate reve
nues were $573,941,000. Details follow;
Clearing House members.
average:
Decrease
Ilit.sio.onii
4 413 000
2.:14tl.OOO
a,T00.420
New York Bond Sales
40IM Alaska Onl.1 Ss
40TH1 Amor A.r K .
40O0 Amer Cot Oil 4Us.....IOuy
aroo Amer Ice deb ds, ...... P3.1
Iimu Amet Smelt See 0s... ,105V
JOOO Amer Tel clt 4s...... 88J
2(000 Amer Tel cvt 4)is. ... v)
iO0 Armour Co 4ij .i P2J
23300 Atehlron ev 4a 10SO, .. . Wj
WOO Halt Ohio HUs gty
.1000 rtalt & Ohio 4s S)
25) Halt Oh cv 44 0
iiiTO nan o Hwn n',s.
High. Ixiw. Close.
,.,.121 127 m
': n'J u ua
103V, H'3)i
fSVt BO',
8.188.0C0
I,:i4.oro
10,817.300
7iM Heth Steel rfd Ss, td
4000 Ilrookn 1 Tr Rs !!R. .. Wi
loon rent Pse 1st ,4 OT'
-oiKi cm at west 4 w;
4000 c n h y joint 4s . , . iMi
20000 C M ft St V cv Bs rct.l02
13 Con (is ev iis ....... nrH
. ID Krle conv Is Ser . ... -Vt
3om Ureon Hay hs iox,
1IOO Slit 1 Man In S .. 741
noll(l ins Cop cv (is 120
noon ins cv ret 2d pd 0 lo.ivo
mow interb Met 4s
12000 Inttrb R T ref Rs..
R000 Inter Mcr Mr 4Vis.
"000 JiinnnlM nsw 4Un.
ROCi ,aue Bh deb 4s '60. . . onV
a Mo K ft T psn 4H
2MtX) N t c A II ds rcl...l00't
1000 N Y City 4U 1B0O... 0Oj4
12000 .V V City 4Vts Nov '67.10415
1000 Norf A W cvt 4(is....lW
nnoo Nor Pae prior 4a oiji
loori Nor Pae gen a .rs.1'4
2000 Penna ev a;js 10O,,
84(100 1'enna cv 4'4 1MH
"OCO Ttay Con Copper Os. ..113.
I'OOO Heading nen 4s !"'
2000 Hock Island rfd 4s.... 04Va
11000 nock Island Ra 1
1000 South Hell R Q7.
2I1K4) south Pac c 4s Wljk
(51X10 no ev ret f p 3 1IW4 IISJj
2.1R0OII do rfd 4s 17
1 South Hwy eon s 100
4 1' fl nubberds 102H
14fOO tt 8 Hteel Rs H)l5
WOO fnlon Paelflo 1st 4a .. MVti
.Woo Wabash 4s 21
4000 Wnhash 2d Ra 02!4
40no Wli-t Tor 1st ct 4s. 7
14000 Wot B & M ev Rs....lOt
,1000 Weft Shore fen 4s .... 00
OT'
02
!:
88
IK)',
8tU
osii
08
102
114
03
102.
714.
118.
5
7H
nnu
n$
10n
1104
ioivS
102.
m H
(ti4
100
ltn
118,
B4W
(111,
31
II7V,
80J,
K84
Rl;
wnji
102't
101
mis
22(5
V2
1 OOtj
89'
III.-.
02,
0t4
SOii
Ml
88
IIU',4
'?
87 Mi
Ilv
10J
U3
10J
1
120U
120W
73U
(14
100',
Ull's
tO4
102
nitk
(VIH
100
10:1
na
4i
1 14 Ml
31
M
80i
IISlj
S7k
ICO
I02i
101
'.Ill's
24
II2
100
1)
Total ssles. $1X12,000, compared with $1,.Vin,.
OTKi list sslunlny; this week, $17,870,000; lsst
week, $21,331,000.
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
nid.
.Tim Ftutler V)
MacNsmnra 0.1
Mldwsy Ill
Mlsnah EKtmslon 2,1
Montana .'l'l
Northern Star Id
Tonopah Hulmnnt 4'
Tnnopnh Extension n,
Tonopah Merser H3
Tonopah MlnlUB 7
1l,.s"ue Kiiluln 11
West Pid 72
(KH,tK11vl.O STOCKS.
.31
,sk.
,M
.01
.17
'.M
.IS
4'i
.11,
.11(1
Atlanln
Illue Hull
Booth
'HulldoK
C. O. r
(!omb. FYae
ninmondfield II. n...
Daisy
Klor?nce
fioldlleld Consolidated
rioldHcM Merger ....
lumho Rxlenslon ....
Keunnas
Oro
Sand Kn
Silver Plek
Loans .,.
Deposits .,.,,,,,.,,. ,
Time depo"
., ... ll.ii, mml,fr.l. BCtuul
I Jill. . ..". . .... -. .. 18.703.0-0
IX.I1..- , , , WIRMIVII
Dapobiis ,,,..,,.
Time deposit. fit
Reserve , ,,
'Increase.
. COTTON STATISTICS
The statistical position of cotton Is a fo!
low.: Th(l wreij j,t wea; tjst yt.r
Visible SUPPly. 8.010,000 7,067,82- 4,001,492
Of b.lch Ainr. S.IOS.POD 8.223,824 3,001.W2
TMty ll.'?'.'htU,S10.018 U.011.S28 14,030,093
DIVIDENDS DECLARED
aat Northern piper raijtuf. "SU'?I
Ik Dir CCUl . &.jv,v WMM- "
..rt.,lll Ik OI
Moak gt record Uy 31.
aa&ru uti viiiili
I Vi
ruary 13,
ii.nri.hl rut rVimo.ny or
." ' W T . " B -..V. (--h
HVia rfMMVM
Ur qwrtsrlr
ei record rbl
IS, pay
New Jrty. rei-
u to
.01
..ID
.01
.03
.(III
.02
.03
.13
..l.lll
.. .1.1
.Oil
.('
.40
.01
.(lrt
.10
.(tl
.07
.311
l'
.'.'I
1. 113
.14
.(II
.OS
(
'MlSCKM.ANrXrL'N.
READY RESPONSE
TO MARGIN CALLS
Brokers Favorably Impressed
With the General Public's
Attitude Toward Market.
Fairy Azler ....
Klmnerly ,
Nevada Hill ....
Nevada Wonder
NEW YORK CURB
Dradpn
Urltlh-Amerlcan Tobacco old.
tlo new
tloldfleld Consolidated
0Jrtene Cananae
I,a Tlose
l.plilali ValUy Coal Hales
Nlntnlnr
Otis rci-vator
do prf
Riker-Hegeman
Sterllni? (H,m
Tnl'arco Products
United Clsrur Storcen
do pref
I"nltel Profit new
World Flli'i
Yukon Oo'.d
.02 .0:1
.on .OM
.20 22
.7(1 1.73
Hid. Asked.
. Ts 7
. 1314 1H
. 10 17
. 1 7-1H f,
. 27 .10
. H Is
,.100 170
. 3j n
. 71(4 Till,
. 02 III
. . 'i n
, . 'IV, S,
. M 37
, . 00 03
.100 IK)
Vi
2'i
41,
214
NEW YORK COFFEE MARKET
NEW YORK. . SIny 15. The coffee market
cpened steady. Kuturen declined 2 to 4 points.
Closing? figures showed losses of 0 to 10 points.
Prices follow:
Today'i
opening
April
.May
June
July
AuBU.it
September . ...fi.00
October
November
December
January ....
Kobruary ...
March
tOfferert.
Tolal sales,
Today's
cloJe.
7.0SfJ7.lO
....t.05
. 7.0HA7.IO
9000 bags.
.'i.i!.VJj3.n.s
(1.70ft 6.71
(l.730.7ll
ll.78(fl.8(
O.SllKB.8.'
Ii.8ian.h.i
0.S7OI1.8S
n.icii0.ti.'i
IUIIISH 111
7.O0U7.O1
Yest'd'y'a I
close. 1
7.15if7.18
S 7.W3.7H
3.73D.78 I
ll.70J(tl.SU
(I.RH.8H I
(l.MIJlfl.ll) '
Il.(l2ft0.li;l
7. CO
Liberal and ready response to calls for
margins sent out this week was reported
nlmost uniformly by Philadelphia broker
age houses today, tn view of the se
riousness of the foreign situation, the,
manner In which the general public re
fused to becomo frightened waB com-,
mented upon by experienced observers!
as quite surprising. The money market
has only stiffened slightly and funds.
are readily obtainable both on call nnd,
time. Nor has there been any violent!
rush to sell securities, except In the case,
of some overextended speculative ac
counts. Here, as In New York, this morning,
prices ruled firm at the opening, but
purely local Issues were epnrsels- traded
In. Cambria Steel Rcored a moderate re
covery In sympathy with United States
Stecl. In the trade It was n matter of
comment that no cancelation of orders
followed the IjUsltanla. event. It seems
evident Hint Iron men believe anything
that would draw tho United States nearest
the Allies would Involve an Incrense In the
already Inrge volume of war material
made by the ateel Industry. March Iron
nnd steel exports are reported at 174,263
cross tons, an lncrons of 30,000 tons over
February, and of 27,000 tons over October,
until March the record high month for
lion nnd steel exports since the war
started. It Is ntilte probable that April
and May exports will be found to be still
larger.
A sharp recovery occurred In llaldwln
shares, the price rlaltnr 4 points. On the
other hand Ilnpld Transit broke to 7, an
other new low tecord, but offerings were
small. Union Traction was nlso de
pressed. The Kenernl local list closed dull
and steady.
The various Cambria Steel scrips at
tracted some nttentloti by reason of tho
HstliiK of the new May, 191?, I.suc. The
trading In thin was ciultc ni'tlve between
o'i and !6, closing at the latter llgtire.
The February, 1917, Isriio closed nt 36(4,
and the 1016 scrip at 9.
Lehigh Navigation continued to hang
back, selling down a fraction below last
night's close. At 71.i the quotation
Is tho lowest since the Roosevelt punk,
when It fell to 19. This la all the more
surprising when It Is known that the
in-w electric plants of tho company nr
showltiK sUndlly Increasing eatntngs. It
may he, however, that the Government
objections to certain forms of rebating
Is n source of uneasiness to some holder
of the shares. The bonds also weakened
this morning.
Surprise was expressed In tlnnnclal cir
cles at the Pennsylvania Rnilrond'H
statement regarding the number of ltn
stockholders ns of April W). Not only did
I tho number Increase 277''. but thero win
1 n gain f 112 In tho amount of foielgu
holders. It had been generally supposed
' that liter" had been heavy foreign soll
I inr; lately of all American Issues, but
the head of nn Important house remarked
today that he would not be surpricd If
tho leverse were Hup. With Industries
nt n standstill abroad nnd dividends being
passed right and left. It Is scarcely sur
I prising If Europeans with money to In
I vest In other things than wnr loans
1 should turn to the securities of this coun
, try for the safe placing of their surplus
I funds.
Sates in Philadelphia
Yes.
.123 Bald Ijoco ,
.113 Cam Steel .....
14 Con Tree N J..
S Kleo Storage . .
43 Krle
23 tne Co N Am.,
loo Lake Sup Corp.
20T t.ehlh Nav ...
iW Lhlli Valley.,
too Irfh Val Tr . . . .
ion 4111 I-Hclnc
.i.i ra It H
close.
. 40
. Tt
. m
21 U
14
l-XLL
".si'la.is
llllth.
44
7 ,
1114
24U
2l
?4,H
1.1
M'4
.10
24
tjrivt.
41H
T.I
RO
2U
2IW
TIM
(1
II
111
tan
.in
2.1'i,
Close.
44
40'
7:i (
31
1
fit
II
3",t
:in
21
14 ,,h l rx.n, l,M 4(1
01 Phl'n Rlectrlc... 2.1S
48 mils tup Tran Pin
lis do tr ctfs ."'.s
UK Hesdms flS
100 Tonopah Hel . .I
100 fnlon Trartlon. a
44 United oas tnu Jt'.s
.143.1 tj S Stel ROJ
noo r iVfltnh Aft t r .10
Total sales S061 shares, enrnpsred with 1.1.
KX1 yesterday; this week ns.TOll sliarcsi last
nveek 1211, ICO shares.
HONIIS.
Irfist prov. sale
a
TIN
R2
32
.1(1
4i
3nt
S2
Mt
.10
nn'4
2
311,
.10
leoo Heth Steel 0s..t1D
(12 Cam St ser.lp "18 01
IV 1U1I.
K100 F.leo St V Tr.4 70H
01 do Feb, IMT 07
.High.
117
IIS
0(1
T0
11.1
ryviA r an V km, 4Ua nil
.100 Phlla Klee 4s . SOU
loon nead-Jr Cent la 03
Total sales, $tn.(W, compared
yesieritay this week to,.1fl.
(400,31.1.
Low.
117
PS
03
11014
ROV.
IKI
with $22.3M
last week
(.lose.
117
OS
00
22r
70U
osu
01
Local Bid and Asked
TO FACILITATE COLLECTIONS
il.ll.ia
O.USB
Tentative Plnn Proposed to Non
Clearing House. Members.
The Flank of England reportH tho
amount of currency outstanding as 43,
.119.019 nnllist i242.997.fi:! I last week. Tho
On order to facilitate the collection of 1 ,,.... r i.i i..,i.i c, rfmunn ,,r
m 17 7 03TU ' Zhka at ,0,nl T'81 CtV".P,i,nlPr,ln" f '? " ' "otes IslJiS.SIW.OOO. HgUlllKl .'..OW.OiW
Dalduln
tin prf
Cambria Steel
Electric stnmse ....
Ion Asphalt
do pref
Keystone Tel
tlo t r
do frf
Lake Sin Corp
Irfhlgh Xa
t.hlali Vnlles
Irf-li Vallet Transit..
do trf
IVnnsylvanU
Hhllj I'.lectrlc
Vhlla Co
do 3 per cent pref. .
do 0 per cent pref. .
Phlla II T
lo t c
Heading
Ton llh'lniont
Ton MlnliiK
I.'nlon Tinctlnn
V (1 I
t S Slid
York l.v
do pref
Todas . ,
nid., Asked,
Yesterday
Hid. Askd
41
10"
4B4
noil
24
04
It
II
07
7!
11.11;
11
21
S1H
:tl 4
14
i;
T'ii
711;
!'
ai
S2
314
4:1
lol
47
5.1
13
13
7I
Tl,
7(1
It'll
111
24,U
:ir.
10
s
ll
l
-l
mji,
Si;
10
KHI
411
2ft
II
07
;f'
(in'i
III
2S
32H 32 13-111
a.n i.i
II
mi
47
J4
23
H3
144
114
ON
.(J's
I'lbf
14
211
.144
III
.111
4
"(Hi
111.
"(')',
si
Kill,
M
11.1
4U
K
-114
4'.
1-tll
H14
M"a
,",U4
h
:rj
Financial Briefs
Local Half 'hourly Sales
10 lo 10130 A. M.
Steel.... Silt 10 V 8 Steel
.11 ii
no's 10 I'enna. . ...Mlg-rt
r.l1. 10 u a Hieei...- '..
r.lU 100 do ai
.t' Hi a tinti tlfllrtiolri . . 44
lo! '.'.'. '.'.'.'.'. 31U 14 Con Trac N J Tlli
201) If fi
100 Union Trac.
10 U 6 Steel...
.10 do
no
loo do
TO t.h Nav
too Utah Copper
ion t! S filel...
IfiO do
Jll llhllrt L1
23 Ins Co N Am 21 i
2 Penna rati
r. ,,n fi
n tli.9.iine - 7t 11m IlAldwIn
3 I'enna . ..32 13-10 4 Phlla U T. . .
r.n Camt-rla Steel 47 11 Penna ...
in tr h Htfei sii rn V a steel....
714 ion rteadlng
(12 10 . no.......
31 4 1(H) tf H Steel..
nifi jhi no
Tl
7t
ii ;
10
i'o
13 Phlla It T t c 74
lis Klec Htorage. .,u
HONDS.
100 Cambria Steel scrip
103 Canbrlu Steel scrip
112 Camhiln Steel scrip
210 Cambria Steel scrip
Od Cambria Steel scrip
230 Cnmhrl Hleel serin
32 csmbr ft Hteel serin May
141 Cambria Steel serin May
ii'.'ii
!1 UK) Phlla UTIC li
h o no ij-
2 .". do .?
.'? 100 Cambria Steel 47
Mi
314
do 014
May 1017.
May IOtT.
May 1017.
May 1017.
Mav !nl7.
May 1017.
nut .
11117.
112 Cambria Sleel scrip loin..... i
02 Cambria Steel scrip May 101, .
OS
B
0.1
OS
OSJi
034
R3U
OS
034
ftit?
10:30 to 11 A. M.
10 Ph Co cm pfd art 100 tJ 9 Steel.. .
100 .' s rileel.... H SSTUVr.1".? t'T1,
jut. tio s 1.";.-,. A j
2) till U O.oiti-.-. ; -'-
S1i no Cambria. Steel 4U4
31H llo Uke sup Cor .
St'i 3 Cambria Steel 404
Sli 2ro V S Steel. .
.-.I; 10 do
23 rnua ec. .
.11 f O 1.
21 Phlln Kler
loo f 8 Sleel.
ion do
30O do . ...
20 tlo
in .In
Km Cambria Steel 44
Ilk t'lis DlAMSa Kilt.
2(V) ' fl steel ": Ml ho it S Hteel
00 t.eh a I ley. 20 do
I do rti i 10 tin.... .. ...
a 00 W'i 100 Tonopah, Pel.
II Thlln i:irc... 24 100 Mo Pacific
73 I'hlln It T t c 74
32
32
24
82
32
32
31 Cambria
02 Cambria
.11 Cambria
as Cambria
03 Cambria
PONDS.
Hleel
Steel
Sleel
steel
Stcl scrip
,- up,
serif May ! PgH
scrip Feb JOJI 4
scrip 1'ob 10J7.... l")4
scrip May ml---- gji
scrip May 1017.... I34
11 to 11:30 A. M.
71 :
S2
"h
7'i
.VI l.nke Sup Cor iji
in 'iTinopsn
1 1'nliUvlll
111 U S Fleet .
10 do
'L'nrrlgnn & Co. were sellers nf llnpld
Transit. Heine. Vogel & Carlln bought.
The Klectrlc lloat Company has paid
off the last of Us outstanding S per cent,
convertible 5-year notes, which were due
May 1. Original Issue wus Jl.OW.UW, a
laice amount of which had been antic
ipated. There was placed 1111 the unlisted de
partment nf the Philadelphia Exchange
Cnmhria Steel Company dividend scrip
Interest nt the nito of S per cent, per
annum from May 1.", 191.".. payable May
IS. 1910, and May 15, 1917, subject to re
demption at pur on May U. 1910.
II. H. Spencer has been elected a dl
icctor and Charles Lanier has been
elected a member of the Executive Com
mittee of the South Hallway Company,
both succeeding the late Colonel A. B.
Andrews.
Tlie Texas Grain Dealers' Association
reports wheat acreage lol per cent, of
last year, oats acreage 125 per cent, corn
ncrcage 1124 per cent.; wheat condition
10:i, oats 10S, corn 91. Harvest begins
May 20 to 25.
Bradstreefs says: "Possible Interna
tional political complications affect senti
ment nnd prices In speculative markets,
pniticularly securities, grain and cotton,
perhaps throw shadows over optimistic
expectations of n boom In trade, but thus
far foreign developments have failed of
especially untoward effect upon domestic
trado or Industry."
in t.oli Nav
10 do
2 do
Hi C (1 1
2(1 r 8 Steel
23 Tonnpnh Itel.
111 Illlla H T t
DON4JS.
lit Cnmbrln Steel scrip May IMT.
It Cajiibrla Steel scrip May ml
limn Heth Steel Cs -
Tim Cambria Steel scrip May 11 i .
230 Cnmbrln Sleel scrip Mav inii.
.11 Cambria Steel twrlp May lltli.
toon KwidliiK ,lsr Cent
.11 Cambria Sleel scrip May PH..
123 Cnmbrln Stesl Fcrlp Mav 101 .
nun Cnmbrln Sleel acilp Mav lltli.
11:30 A. M. to 12 M.
'nJ..! i
... 44
.. 31),
.. 615
"Mi"
..'if
. Wl
. 1HI
. n-Vi
, in
. mi
. mi
. on
100 r s siefl nt'i
3 I.ch Nav 714
Kll r S .clel 3l1h
23 do 32
Km do 32
100 do 32
2 IVnna 3'1I
a Ph Co cm pfd .19
Kii !.eh Val Tr.. II
M) neadlns "IS
(0 l.cli
BONDS.
(iOu t.eh Nav con" 4'ss
31100 Leh Nnv cons 4ijs
1(i(i Klc A: IVop Tr Is
141 Cambria Sleel scrip Mav
i;u ('pinhrln Slfcl scrip May
.'mo Phlla Klcc 4
Inn W Cramp t c .10
so Klee Storojro. 31
KO v Cramp t 0 30
inn V S Steel.... 314
1(0 do C1!.?
Id do 814
10 Cambria steel 4u
43 Phlla n T t c T4
Krle iJ.'i
IN UNCERTAIN MOOD
Wheat Prices Wavered on Cprl
flicting Reports of Damago
to Crops.
CIUCAno. May IS. A wavering market
confronted operators at the opening to
day. Conditions were expected to remain
nervous for some time, nt least while
the reply of Germany to the United
States note Is received and published,
More crop damage reports were received
and early sales were made mostly by
commission houses In scattered lots, At
the close May showed a loss of one cent.
While July was Up !,.
Oat Interest continued to absorb of
ferltigs on declines. Crop conditions Wer
reported perfect for this time of the
year.
Good weather favors corn. Domestic
cash houses report a better demnnd and
higher prices are looked for.
Mild weather In the United Kingdom
Improved crop conditions there. Tha
Liverpool market was firm with a good
undertone. Tho consumption appears tp
have Increased, but nrrlvala are ample
to meet the demand.
Mav wheat showed no strength nt the
opening. July and September, however,
advanced over yesterday's closing prices.
Corn and oats followed. Bearish reports
continue to Mood the exchanges.
Commission houses reported the coun
try was not backing bad crop reports on
wheat with buying orders.
The export market was said to be get
ting brighter, nlthougli the lack of ton
nage for transportation Is holding busi
ness down.
Iteports from foreign grain belts Indi
cated Improved general conditions.
Leading futures ranged an follows:
Vest'd's
Wheat Open. High. Low. Close, close,
Msy 1.32V, 1.32 1.30 M.r.14 1.32U
July t.2.S' 1.2SV 1.2(1$ 1.274, M.27S
September ..1.224 1.224 1.20H 1.21S P.2l
will, itiun urnicii
t
i
i
Nav...
101T
101 T
714
OS
T0(J
Ml
no
Structural Steel Orders
CHICAGO, May 1.1. The Atchison lias p'.nced
an order for 27(0 torn, nf steel for oil tanks.
Tim HurllnRlnli has gnen nn nrncr 10 tne r.,11
out llr1de Con piny for Wl
tarlniis tillages.
:i tons of steel for
The Pacific llolllne. anil
..miiriliv has tei'fixrn nn ortier ,"i -". "'""
'. '".'i.. '... .1,- r-a.n.il. libraries at San Pran-
!... s.i siru.iural Fteel Company has re-
celted an order for 13U Inns tor
itapldx business building.
iny t
the
Cedar
May 7.1'i 74 7SU .17.1 73Vt fl
July T114 7(IJ, T34 UO iSI
Sep1lcmbr . TTH T74 774 t"7I4 77 41
May ". .115, M 314 ISlti MU 'SI
July mi, si vl bo?? i.'oij si a . fl
September .. 40V. 404 43 MO M82 $&
May 8,30 9,30 . Jfti
July 11.60 0.67 9.37 tB.OO B.ST M
September .. P.S2 O.OO Ii.PO t.S2 1).S2 JM
Hlbs- M
May 10.2T 10.27 10.23 10.27 M0.23 3&M
July 10.47 10.30 10.43 tll)..V M0.43 M
September .10.77 10.77 10.70 10.73 flO.73 Ha
Jtavrl!r7 17.U7 417.03 17.50 "M
July 18.110 18.00 17.00 17.00 17.83 n jS
Septo-nber .18.27 1S.27 18.13 18.17 18.17 j
ma tAsked. M rl
LIVE STOCK QUOTATIONS
CHICAGO, May 13. HOGS. Hecelpts, 8000:
market "c. Iilahcr: mixed and butchers'. 17.80
ftT.M): Food hin. 7'13ifl7.W): rough heavy,
I7.03l7.an: light. S7.3ii1j7.03; pigs, 0.40Q7.83;
bulk. 7.or.i)T.83.
CATTL! 1'ecolpts. 100; market steady;
beeves, lfl.30Syfl.03: cows and heifers. f.1.23f?
8.1x1. Tixane. il.7u8.1ll; calves. T.Ml0.
SHLKP. -lieci-lptB, iroo: market steady: na
tive ind Western, .J5.30fi8.fi0: lambs, If.SOW
11 03.
BAR SILVER
NKW YORK, May 13. The price of com
mercial bar silver was 30 cents today, with
Mexican dollars at 3SU cents.
'3
PHILADELPHIA MARKETS
GRAIN AND FLOUR I
-ll,....!.,.,. I"7.702 busn. Til' mar-
POULTRY
-Orferlnsi
thi
llt'Li neA-lnna of Heah-nhle atnclr U'.ra
WHKAT.-ltc.clp:s. l..,.r "u"".v,i"rkJ"?' ,,,-,. ,,rt ,T,e market rul.d sredv. but
ket rule,) eak, but no"" .? from the "vest ' there uns little tradlna;. (Ji.otatlons. owlf,
Uenian.! was llKht nnd adlH rron ln' J , 17Uc.; roosters, Ui,hl2e.; broiling chickens,
lower, (juotatlors: 1 " H"?-, ,nv l" red West- laS.'V. nelghliig n,?fi lbs. apiece. 33iJSSc:
ZX-7.."KSW :,.i,'-'1 i'l'n-.lotsT In export broiling chickens. weBhlng lvU lbs. apiece.
...... 51'". ..";":' 1 ... i.,n.4 :iu:i.'ic.; :urKcyH. i."ji.ic.. iiucks milk,.
l :.i.i s-.,. " r.il Western. l.nVx1.W'.ii. No- , ("
.......... ......... ,. tne, t hi!
Aoriiteni I'unttt'. !.-,. '".
,,,, I l(t.'aSiif'-.')erlnBs or line dcsir&Die.sizeu
I Hlofh Ktn lltht and values ot tills descrip
tion ivei" wen m?intaineu, nut trado was
cew, lot) lie.
i.WtlT.lU
LONDON STOCK MARKET
No
Pressure to Sell American
Shares.
LONDON, May 13.There was no press
ure to unload American shares by local
interests on the Stock Exchange today.
All departments were quiet and gener
ally steady, the customary feeling at the
week-end prevailing. Qllt-edged Issues
had a mixed appearance. The new
colonial loans were In Increased'demand.
Approximately 1,600,000 was disbursed In
dividends,.
A block of 2,600.000 India Government
bills was paid off. Home railways were
steady, but Canadian Pacific was flat.
Grnnk Trunks showed good resisting
power. Argentina rails were heavy on
rumors that a Buenos Aires Pacific Hall
way debenture Issue Is Impending. Pend
ing receipts of news from Italy, caution
wus exei'dBed In foreigners. Rubber
Bhares Improved on the strength lit
staple. Mines were dull.
London
close.
AmaUamated Copper 66
Atchison 100?;
Ualtlmore & Ohio 72
Canadian Htcllte 104
Chesapeake it Ohio 42
Chicago Mil & St V 004
CIiIcsko Oreat vtett 12
Denver nio Grands b4
do lat pref S8iJ
Illinois Central 110
Louisville ft Nashville 1174
New York Central 87
N Y Ont & West 24
Norfolk & Western 104
Pennsylvania 644
Hendlnir . H;,
Houthern Pacific 804
toulhern runway 1B4
union racinc , -ji
N.V.
equiv.
fcl, I,
United States Steel.
Consols
lncrean.
-Dec real.
eo'ii
OU iL
13H, H
404 - 4
SO. - 4
114 1
BJtt -"4J
lost 4
113K Z..?.
8.14 S14
234 - Vl
100 ....!
1014 - 4
HI lS
sa
1st - ;
121J -14
60fi S
COTTON
NEW YORK, May 15. Sentiment was
more cheerful In cotton this morning,
and the market opened firm at an ad
vance of 4 to JO paints. Trading was
quiet, tho only activity being shown In
October option. There was no pressure
on the market, and what, selling there
was came from scattered lources. The
chief buying was for short account, and
Wall street traders were light buyers,
The weather In the South was favorable.
Liverpool was bVtter than expected. In
the late dealings October extended its
rise to 14 points and the other months
also moved higher. There were slight
reactions from tne Best at the close.
May
July ...,.
October . .
December
January .
March ,
Hpot .....
FOREIGN EXCHANGE
NEW YOHK. My 15. Th forslgn txehtnes
market ruled steady, with demand sterling
unchanged. ..,...
".:)". (.Vaya p.srvs. uuuasrs,
l"it 0.:wili 82: AD..a.111
hanks not members of the Philadelphia
Wearing House Association n tentative
plan lins been submitted to each of these
Institutions.
Its principal features are that the In
Mltutlons be required to deposit funds In
amounts based on their capital with the
Clearing House, and would send their
runners to the Clearing House twice a
day to make settlements. The latter feat
ure would succeed the present plan of
each non-member State bank and trust
company collecting Its Items by mes
senger from every niher Institution.
The amounts nf security to be deposited
at the Clearing House are fixed as fol
lows: Kirst. on SOO.OOO capital or over,
10 per cent.; second, on JoOO.OOO to JSOO.COO,
14 per cent., with maximum of J5O.O00;
third, 2o0,000 to 500,000. 20 per cent., with
maximum of JTO.OOO; fourth, on J23O.0OO or
lens, not less than 150,000. and II fill, Clear
ing House, Committee may require addi
tional deposits from any Institution whose
transactions make It desirable.
It Is provided that If any Institution
falls to appear at the Clearing House at
the stated hour prepared to make pay
ments due by it, tho amount shall be
supplied out of tho securities It has de
posited, or at the option of the Clear
ing Houso Committee by advances from
the banks nffected, which advances shall
constitute claims against the delinquent.
last week.
Commercial fnlluies this week In the
United States were 112, against K3 last
week, and 3M last year. Liabilities thus
far for May are $?,2I2,1:3, compared with
$10,576,911 last year.
SHIPPING NEWS
PORT OF PHILADELPHIA
Vessels Arriving Today
Str. Susquehanna tlir.), Ilelra, ballast, Karn
titr. British fiun (Br.), Genoa via Oran, bal
last. Sun Company.
S.r. Olaf iNci.), New York, ballast, Munson
Line.
Str. Grecian, Boston, passengers and mer
chandise. Merchants and Miners' Transporta
tion Company.
Str. Karmand (Nor.), New ork, ballast,
amnion i-u,e.
Str. Aucner
nra. J A. lie
8tr. Orlsld (Nor.), New York, ballast, Mun
son Line.
Sir. Italian! (Or.). Huelva, copper ore, L.
Westergaard 4 Co.
Steamships to Arrive
rrtEiaiiT.
Name. From.
Mansurl '. Calcutta
hencrar
McCarthy.
(Br.), Crui Grands, iron
close. Open. High. Low. Close.
. 0.00 u.o.1 a. 10 g.oo u.ou
, 0.23 0.27 8.4J 8.37 U.S7
. 0.62 II. M l. TJ U.1,0 0.7:1
B.83 0.62 10.00 U.SI U.Ul
.S7 O.OU 10.02 U.OJ U.IKI
10.13 10.18 10.21 10.18 10.18
e.TQ ... .... ,. 0.80
Cables
,4.70'
Demand i.Ti'A
," i'm "nww
NOTES OP THE RAIL
Ths Interstate Commrc Commission
lias suspended until September 12 pro
posed advances In rates on sugar beets
from points between Buffalo and Chicago
to Decatur. Ind., ovr the Erie and other
railroads. v
City of Delhi
Maltby
Giuseppe
Lodervljk
California
Ocean
Itallanla
Ultra
Drekland
Mlmer
liaiUands
B. d Larrlnaga
lft-Sta
Zloden
La Campin
Calcutta
. ...Mavona ...
....Venice ....
. . ..Amsterdam
. . . .Copenhagen
. . ..Amsterdam
....Huelva ...
tihtelda ...
. . . .Gothenburg
. . ..Macorls . ..
..Port Talbot
Sailed.
....Apr. 6
....Apr.
....Apr. 10
....Apr. 10
....Apr. 10
....Apr. 10
....Apr. 13
Apr. 20
....Apr. 21
....Apr. 22
....Apr. 21
Apr. 2t
Tho Shcnango Furnace Company,
Sharon, will blow In Its No. 3 Bessemer
blast furnace within the next few days.
The stack has been down for a prolonged
period nnd was overhauled.
The New York railways for March
showed net Income available for the bonds
of $(13,338, against a dellclt of $6379 In tho
same month of 1914,
Tho number of Pennsylvania Railroad
Company stockholders on April 30 was
92,675. This Is nn increase of 2770 stock
holders over April 30. 1914. The average'
number of shares held on April 30 this
year was 107.86, a decrease of 3.33. The
number of foreign holders Increased 142
to 11.93S.
Tho gross earnings of 30 railroads for
the first week In May showed a decrenso
of $1,0D3,3S1.
Hlds will be received until May IS by
nrldgewater School District (P. O.. Went
Hrldgewnter), Pa., for $30,000 4lj per cent,
bonds; until May 19 by Harmony Town
ship School District. Reaver County, !'.,
for $16,000 0 per cent. 4-1S year bonds; nnd
until June .1 by Union County (P. O..
Elizabeth). N. J., for $15,000 4!j per cent,
bridge bonds. No sale resulted from $15,00)
4Vj per cenl. 30-year bonds offered 011
May 11 by Haddon Heights, Camden
County, N. J.
.,....,. ....,.!...,. 1 ".T'l i.itun i 11 pre hub tn-'
tl tradlnc and no Important rbnge In prices,
quotations, t'a- lots. In export c or-NQ.
S spot nnd Min. Toffee. Car lolsror local
trade, us to lot at Ion-No. 2 .?'"? 'J Kj:
steamer .cllow. NVftMc.; No. .1 ellow, 1U
nN0i,c . No. 4 vellow, hJiSie1'' .,.. ... R
OATS. Retelpts. S7.423 hush. There
decline of M.r. In' this market, due to a hsh
demand and increased incisure to, sell. uu
lntio."y No. 2 wtilte. I'.HKil',.;.: standard white,
coftdui-c: No. ;i white. NifllJc.
IlVi: dull. We quote nt l.llfl1.l P'.""?'!.'!
as to i.u"llly. In export elevator anJ at ..0
ft.W 'or small lots nf marU.v Krahi In bags.
FtXUII -rtecelpts, 1770 hbls.. 313.41.. lb. In
fa.-ks. Demand o light and Miies were
larK-ely nominal. Me ,,uote per W. lbs. In
uv.iod: Winter. clear, '-iiSJ?-iii . Jla"
:..,ii,. S7S.7V3: do., natent. 7.2.VS7.73: han-
tralKlu. Jute irjcfcr. 7.20i.4o; do.,
"uti Vaeks. -T.SIM17.7.V spring, first,
-a- Ttf.-T :tr.- ,1.,. straiicnt. ...i.hw .... l."l-
ruiitrit S7.3U17 cO. do.. morlte brands. JSJC
ft 3. city mills, choice and fancy patent. KM
S'3 ctv mills. reEUlu- Brades-wlnter. clear.
?iiV''25: ''" "lralKl"' ''-'- i0- I,aten''
CI.T'IV.4- ViV .... ...a. In un.nl! SlinnlV Mild
I'.ie. .( '.,.""." "","' n.,'l. nnd
il.3(i. ns to quality.
1 301 JUc,., pjitcops. old. per p
liyoguef -er fair. 224)2Bc.
L, 1 IIKaSilf't'fferlnBa of fl
guineas, as tn mmllty, per pair.
01a, per iur, .oxiuuc.,1 uo.,
t sas.
t ' p.itcnt
4000 MILES OF UK.!. WAYS
INSPECTED IX WEST TODAY
Conrad
Hotterdam
ohr Ardrossan
lUlsrmo A Dr. 27
.Huelva, Apr. 28
Narvik Apr. 20
Crown Point
Iris ......
Columbian
J'oeldyk
Maine
Bratland
Edda
Kllofoll
d'olarstjernen
Currier ,
Commodora Rollins .
Sosua
Westmont
Manchester Mariner.
usortian
Apr.
. . aiay
.London May
Daghaatan
Tunbrldg
Jolando dl
. . . tendon
.. .11110
. . . Rotterdam . .
...l.ondon
... Seville
. . .Macorl
...Huelva
. . .Hhtslds
. . .Clenfuegos ..
. . . Port Antonio
...Port Antonio
. . Newcastle. ..
(Manchester
Hllo
Shield .
., .. , ...Ixmdon
.Giorgio.. .Tanamo
Mav
..May 4
..May 8
..May II
..May K
...May 0
. Maytl
..May 11
..May It
..May 12
..May 12
...May 12
...May 11
...May 1.1
...May 1
...May 11
...May 13
PORT OF NEW YORK
Steamships Due Today
Mama. . Fiiom.
Orduna. .,,.,.... ,,,,., Liverpool ...
Arable Liverpool ...
Steamships to Leave
Nam. . For.
OrtJuoa . ., I J. er pool ..
Roctambeau. .. .Bordeaux
Ngijcdtnaii , .ftyUerdiai ,,
Motorists Cover Roads From Chicago
to Puget Sound,
CHICAGO. May 15.-More than 4000
miles of highway between Chicago and
Puget Bound will have a critical Inspec
tion by approximately 1(0 parties of
motorists today.
The principal feature of this big co
operative scheme will be the official In
spection of the National Parks Transcon
tinental Hlghwny, u name given the
northern auto route by 120 delegates from
many sections of the northwest at u re
cent conference In Spokane. Frank W.
Gullbert, secrstary of the Washington
State Good Hoads Association and chair
man of the Executive Committee looking
after the highway, has sent out 500 print
ed forms to aid the scores of Inspection
parties In submitting their reports.
Today has been proclaimed good roads
day by the Governors of Washington and
Idaho, All the principal highways In the
two States are being thoroughly Investi
gated. "If any bad spots In the road are dis
covered, they will be promptly reported
to the authorities in charge of road main
tenance," stated Mr, Gullbert, "and
pressure exerted to effect Immediate repairs."
Western In ivnnd at $il,2IM?i
PROVISIONS
The market was quiet and without Important
charge. yuolatloiiB: City beef. In sets, smoked
a id alr-drled. 2,"rf2ilc; Western beef. In sets,
smoked. 23e2.se "V W beef, knuckle, and ten
ders, smoked nnd alr-drled, 2iW,c; .'"'"i
beef knuckles and tenders, smoked, ...
bf hams, $31(832; pork, family .21. 30822 i
hams. 8. P. cured, loese, USt3Ve. ; do.,
ikiiined. loose, 12tt(jM'.H,c.; do. do., smoked.
ui"& ; other hams, smoked, city cured, as
to brand and averaae, , Wi.BlIc: hams, smokea.
Western cured, I3;,14c.; do., boiled, bone
leVs 222::c. : pone shoulders. S. I', cured,
oos'e. To77lOi,c. do., smoked, infllOWc; bellies
11 pickle, according to average, loose, IUjU
ll'ii,: breakfast bacon, ns to brand and nver
ace city cured. 10ftl7-.; urenkfast bon,
Western cured, iogijc: lard. We.terii ' "Oned.
Heroes' US?1tic. ; do. do., tubs, UBlU.Cv,
ard. pure city, kettle rendered, In tierces, 11
llic : lard, pure city, kettle rendered, tn tubs.
llQll'.ic.
REFINED SUGARS
There wns little tradlnir, but values b era
firmly held. We quote: Standard granulated,
0.03 c?i line granulated. 6c; T-owdered. 0 10c ;
confectioners' A. 3.00c. j soft grades, 3.138
3.75c.
DAIRY PRODUCTS
IlI'TTKIt. Offerings or desirable slock were
moderate, and th- market ruled steady, but
whole-iile tlde, as usual on the last day of
the week, vas nulet. Quotations: Western,
fresh, solid-packed irtamery. fancy, DecMa,
,10c.. extra, inc.. extra flrws. 2ie.: firsts, 2(lc. .
seconds, 2-llW.lc. : ladle-packed. 10ift21c.. as 10
uuillty; nearby prints, fancy, .lie: average ex
tras, flbc: tlrsls, 27B2PC ; seconds. 24ii23c,
garlicky. 24B2.V. : special fumy brands of
prints fobbing at 3.WISc.
1 KCIOS. - Receipts wera fairly literal, but c" e
mand was active nnd supplies or deslralile
stuck were kept wl' -leaned up fnattractlve
i'ock was dull ar.d ruled In' buyers' faor.
Quolallons In free caws nearby. etras. 23c.
nr dos.- nearby firsts. J0.13 per standard case;
Kenrby curJJSt 'receipts. 3S3 per case; West
ern extra firsts. SH.13 rcr case: do . firsts, $3.70
S.S3 cr case. Soulhem. M.lOftS.40 per case,
fancy mle-ted candled fresh eggs were Jobbed
0 nilKKSR5 Th'e mai-ket ruled firm under small
supplies, but there was little trading. Quota
"011s: New York, full cream, choice new, 17Vi
M7Uc do., do., fair to good, new. 1UV4817C.:
do .part skims. SC13c.
uiilev. Quotstiors. J-reJJi-kllled jowls. i
to box, drv-plcked and dry-pecked, lancy,
selected. Wo. ; do., neighing 4'iUS lbs. apiece.
18c.; do.. ."IB4 lbs. apiece. lRc.j do., a lbs.
apiece, ItlSlic. ; do., unuer :l lbs. apiece, Ht
.. Fowls, lec-packed. Western, 4 lbs. and
over apiece, l.laC. ; no., do,, smaller sixes, IKO
10'4c. Old roosters, dry-picked. ItfVic, ijquabs,
whlti. neliihine II lo 12 lbs. per dozen, W3
4.30; nhllc, neighing U to lu Ibs.iier dor.. .2J
C.1.S0; do., do.. S lbs. per dos., ?2.73JJ2.SS; do.,
do.. 7 lbs. per tloz., (2112.33: do., do.. UttUb los.
per dox.. Sl.3uifjl.i1il; dark, si.OOftl.GO; snutll
and No. 2, si. Frozen poultry t'owls, us to
quallo, lfieihc ; chickens, dry-picked and dry
packed, In boxes, milk-fed, lll'o.'Htc lbs. to doz..
18c: do. :I7H2 Iba. to do., ISct do., 43S4T
lbs, to ilo l.. 18c, do.. 43 lbs. to tlo I.. 20c; LO..
CO lbs. and over, 21c ; corn-fed, 31ti42 lbs.
to doz., USc , do., 4.1fl47 lbs. to doz.. I.e.; do..
41 lbs. to doz.. 10c; do.. CO lbs, and over. 2U&
Chickens, dry-picked and dry-packed. In bbla.
Western, torn-led, 3 lbs. and over, ISc.j 00.,
do., 4 lbs. Utfliijc. ., do., do.. ;IV4 lbs.. lilUc.i
do., do. "',(:! lb.,. lifllSc. : broilers. milk.feJ.
1 fancy. 18121 lbs. lo box. '-Tc . do., fancy, 2.Vd2u
IDS. to aoz., .(C.; corn-icn. lancy, inii ids. to
doz., 25c: riu,. prime. 250.1U lbs. to doz.. .'2c.
Turkeys dry-picked and dry-packed, fancy. 21
022c; fair to good. IS'a'.tlc. ; old loms, llsa20c.i
ducks, fancy. In boxes l.fJtSc. . do., ordlnsry
to goad, 12fiil0c. ; feces, choice and fancy, 139
1c. do.. No. S. liflHc.
FRESH FRUITS
Offerings of desirable stock were only moder
ate and prl:ea generally ruled steady, but arads
wan quiet. Quotations: Apples. New York, per
bbl. Clreenlni. 12.303-1.66; llaldwln. Si30i5l;
Den UavU. s2,23o;t,25; other good eating varie
ties, S2.25?).1.30; medium, ilt?l,30; apples.
Vestcrii, rer box $102; apples. Delaware and
'enns)lvanla. per hamper. &OS73c: lemons, per
box. S2.,',ua:i.;fl; orungeu, Florida, per box, (2.25
ill. grapufrult, Florida, per box, l'J.3u'uJ.50;
pineapples, per crate Porto Kleo. tl.7uj2.23:
Florida, 12&2.W); strawberries. North Carolina,
per qt.. 7iU12c ; strawberries, Virginia, per qt.,
tjt2c. : stiawberrles, Eastern Shore and Nor
folk, per qt.. 3a 12c,
VEGETABLES
The general market was aulet. with f.lrlv
liberal nffurlnss at the following quotations:
potatoes, Uclauaro, per hamper Large, ii.23
M1.73: medium, 300.81; sweet potatoes, East
ern Shore, per bbl, No. 1. S2.23tj3.23, No. 2,
S1..1WT1.'.); sweeiB, jersey, per OD!.- ,0. 1,
t.l.7i&4.73; No. 2. J262.50; sweets, Jersey par
basket, 75c.$1.25; onlonB. choice, per 100
b. bac, ll.i.VtI.V); onions, medium, per ICO
lb. bag. ftOHJSc. , onions, Texas, per cummer
crate. No. 1, st,23; onions. Texas, per cum
mer crate. No. 2. P0e.tT$l: cabbage, Charleston,
lr crjte. 2 23ft2.73i Cabbage, North Caro
lina and Norfolk, per crate. I2S2.30. -cauliflower,
youth Carolina, per crate, I1.MI8-';
lettuce, North Carolina, per basket, 73c Al.3;
letluce, Sjulh caiollua, per banket, 131.30;
boane, Florida, wax, per bjsket I.V)jJ2.8at
beans, Hoi Ida, green, per basket. $1.5042.30:
pea.). icr basket Noith Carolina. 110130;
South Carolina, large, 1.2&ttl.S0; Houth Caro
lina, small. 73v.ftl,23; ersplant, Florida, per
box. !i:i..(li cucumbers, Florida, per baskei,
2Cf2.30i squash, Florida, per basket, tl Sfl2
peppers, riorlda. per carrier, J2a. beets. Flor
ida, per lOu bunches, $2T3; beets, Charleston,
per ion bunches. S07; tomatoea, Florida, per
carriers-fancy, $2.S0fl2.73; choice. 22.23, csl
try, Florida, per crate. 7Sc.ali asparagus, per
bunch 101?20c. ; mushrooms, per 4-Ib. basket,
&0c.l?l.
Sailed.
.May S
.May 3
Date.
.May IS
May IS
.Kay U
NEW YORK BUTTER AND EGGS
NEW YOrtK. May IS. BUTTKrt. Market
steady. Becelpta, 52.13 packages. Kxtra
I27Vjc; higher scoring. 24HlHc.; atsu. dairy,
ZltfTKISC: 1UJL.B.IIMI wcum. 73v.
BOOS -Market weak. Receipts. 20.008 pack
agta. Extra tlrat. 2iue22c. regular packed;
rlrau. 20821c regular packed, nearby whites.
2SV.c . mixed color, 205lttc. . naarojr
bioviRs 22623c. . extra, firsts, 21Vi22c, tur
age, flrau, Hlr21Hc., swrag.
Chicago, Rock Island and Pacific Railway Co.
STOCKHOLDERS' PROTECTIVE COMMITTEE
TO THE STOCKHOLDERS,
Believing that there Is a substantial value In, the stock of the Chicago. KocK Ilaa
and Pacific Railway Company and that tha condition of ths company makes It feasible
reorganize It to th. great benefit of shareholders, the undersigned, at tha reque.t ef
large number of shareholders, hava formed a lomntltte. for h purposa of preparing ,(!.
submitting a plan of reorganization. '
It will be their endeavor to formulate a plan that will permit tha company to expap
along sound lines In accordance with the requirements of the great territory which It 4ra
to ssrve and to place the property, physically and financially. In auch condition that
may rank with the most emclent railroad la similar and nearby territory.
It ! not the Intention of the cjunmlttea to call for a deposit of shares at lb pr.jsnt
tlmt but If nothing unforeseen occurs to wait until a plan has been formulated so that
stockholders when depositing may fully uadtratand tha condition of the compaWn affair
and the detatla ot the proposed plan.
The working out of such Plan ' elrtady engaging the attention of yeur commutes,
who are giving It Immediate and' earnest focaldsratlon, and Jt la hoped that whan ean
pleted It will meet the unanimous approval of the shareholders.
New York. May llth, 101S.
miTKn. I.EDYARD MILBURK. CUABLES IIAIUE Chairs
K. R. BABBITT.
Counsel.
M. M. FERQUSON. Sacratary. ,
2S Broad Street, New JU. N. "$.
JAMLS 8. ALKXAKDEO,
W. EJILKN ItOOSEVt'iLT.
V. J. MA'rilESON,
VHAKC1S I LLLANU.
A. f. YAfi IIJI4,
fe t.
mtit(&ikm&&