EVEHItfG LEDGER PniLADEEPIIlA, TUESDAY, MAT 18, 1016;
11
zJ!?
Utilllf . .Ml
ARKET TURNED HEAVY AWAITING REPLY FROM GERMANY TO NOTE OF UNITED STATES
, . " . . . !. 1, .. .j J J1 T tX( tluwv
SS EASED OFT1
THROUGHOUT LIST
K. .. nrmr Q inn 11 Renin.
rfldo Balance for Week at
pMOWM.
Wnvf TOIIIC, May )8 -The stock mar
lfl.K" ..... . .rv nnlntcreatlnB affair
r Wdlnc Wl o" mu Bnlea dur-
ISftw early dealings being ai mo rvy "
K m00 for the five-hour session.
P"1 an absent of demand for
V? .-ViAdlnir. what llttlo there was,
NVS proSnal character. All In
MIS M ft pro i .ii.ltlrm throunhout
Ket .t"the rep.y from
MnV lo our firm note, and pending
R8?iMf houBhl lhe !rarket w
in ered" 'Fom the speech by
fctnf '",,! i.., vi.stor.lnv that tho
States would not back down from
fig ?S thedemands et forth In tho nolo
jar , ,. nnrmnn rinvernment
fVif.l arbitration wouf.1 not be agreed
Ken. to", reports had It that Qer
jl.iTnen. . m nt muq her ubma-
ktFZtlri Thus, when careful consld-
t i.iXi Tl elven to the iniernauoimi uw
fr ,ii was arfiucd, It Is still very acute.
teftitarlK"" were Inclined to sell
K a turn on tho belief that tho
foirtet could not advance much moro In
openrng .was very Irreg u tar , vrllh
M, majority ' market was
Utcr '"' .'""., " n.verntro
KtViioInt, while In some cases the loss
??.- M.ier Tho larcent. declines
Kir. In the specialties. Steel common
tiri Head nir vvoro unucr pun"" .....
C, Wh being over a point lower before
fitjOIU ... .... ...1.. wnHHlflff 4.11
fc shares held up f W r.y U. but
hri too. BUDimuea iu me ......, -.
"'" ...-. knwfitfnr. wnn tint irreat nt
fturc. wnicn. it"""-" - -t
SlfthT coppers was Ituffcly duo to tho
f&iuMement made In Calumet that tho
lUlcd Superior copper cuhiimiiucb """
L out enormous quantities of copper for
the United States for uio In manufnetur
V. ! ..uinn Tim Onlnnv comnanv.
(or Irutnnce. ,1ms sold nearly nil of Its
inure output for the present year. Tho
'Ciloroet and liccia is Bam 10 nuvo um
Ifti entire production through December nt
k.i... .hnua n r,ntn In view of this tho
llntatlons aro that th output for tho
.W- ..111 V.A awiAnHturrlv Inrtrn.
rear in "K wvv...n. .--.
If While thero was no Increnso In the tho
Kldedly firmer tone In tho afternoon sea-
iki, and prices movea up irom uio iow,
jot good-sized losses were still shown.
Tl market closed weak, I
B,Very little news camo out during the
Jr. An encouraging Item was tho
JreeKiy lOrflKll imuu iikuico, iiii.((
jliowed that during last week tho bal-
?... In nur fnvnr uns 116.401.764 This
li i decrease from tho totul reported In
fli previous weeK, dui our crcau on um
t.i Ma nf ihn Inrfcror lei utlt! vnrv lnrirp.
PrMldent Ttlsloy. of tho Atchison, cstl
BiitM that earnings of tho road for tho
'Ha.al q ti III lin nlmiit 1 nnt nnnt nn
WMI JVIU ... w uwuw v !- .. -.
4M itu.lr tinw nntntfthilltlt Tllln wntltd
fwtaparo with 7.39 per cent, earned last
'jtir ana s b- per cent, in iuu. icnison
itoc, now ever, was ott in sympainy wun
it?,.mfllnJA rt llin lief fir,niif (nn.
teUiIatcd directors met, but took no action
mat diviuemi.
Blj, connection with the weakness li
.Mktmirl Pflrlflp vhlnh wnn rlnwn nrnrlU.
pmrrumora were In circulation One of
lurmost persistent was that ueorgo J.
VIIJ 1 a .1 ii.i ., iuk tt &
vyuiu imu ai,iiuit:ii iu Jiiiuuiiuii ul iiui
'itposltlng his J6.0OO.OO) of bonds with thu
fiwm irust company ior an extension or
fMM Irkat 1.1 nnnwl n n ir ia.1,11 jiin , .sni .! n , .l
pUnj for taking care of the load'H lln-
ucti. persons wno are usually well In
tomed said that Mr. Gould had not even
ijntlraatMl what ho Intends to do.
NEW YORK CURB
hi13
iKJllMI
iBr-Ain Tobacco old . . . .
rooIJ Cfcna .
.vmn tan . . .
l;Mh Valley Coal'su'leat
IE1V
Bo wef ,
Miman ... ,
Jnar oum ...,.
lailtta Claar Stores .. .
iw ' iti; i
lr,
J,?rer new
JiirM Film
miion uoid
Hid. Asked
. 7 74
. M'i HI
. 10 17
. 17-10 1U
. is .in
. i V
.100 170
l H
70
02
.... H-'
....100
.... n't
.... njt
.... 25
7114
01
7
2.
fi'l
111)
110
-t'l
21.
BANK CLEARINGS
fBxnk enrnam tnAax, s.nrr.nn-.A ...itt. A
Li ;j7 ---- ."o I.UUHJ tuiiimcu niit tunc-
Jjojdlnj day last two jears
yj m iwio. iiii-i, low.
B-- i.t f.ili"j(ut)w .ii,ui,uiii .-o,nyi(iMt(
K0;" B?".101. 31,404.000 24,118.813
J(York.3S.lD.4na 3.1R.187.22 27A0IU0SA
warn .... as oil 4.m r.n .i fis r 17 iti
RATES FOR MONEY
wSiltlp'hla,
IMlf York
ilPMon
LGalrarA . ...
ikt:-"' ..... ... n-fricrri
IRSS.fl,rc.l.VPper three to iU month., l'hll
jEg""i or per cent.
Call.
3JV84
li82'
n
Time.
a Q-t
vm..
(DMV4
Reserve Banks' Discount Rates
n.vii
30 or 30 or 00 or Over
HUelphla
""n ........
&.M ""':"
tltlld'. "
tlSlinl. "'
lbaDoii"."."""
?-!, .JJVI1CQ i,,..
leaa
. 4
.. 4
, 4
. 4
.. 4
,. 4
.. 4
.. 4
::S
. 4
3M
00
4
4
4
4
4
4
4
4
1)0 DO
4 O
i
i
-ft
r
48
4!5 8
Foreign Discount Rates
Baton
So.," .,..,.,
ierjm-,,'::::,,;i'
;
Itank Dale at la.t
rate
.1
n
S
n
chanKe
AUK. M. 1014
AUK, 20. 1UU
Dec. 23, 1014
Aug- 21, 1014
April 10, 1013
GOVERNMENT BONDS
IKsks f- "Sftir.y1':::::::::::: SJ :
KSini .,' rcgj.tered; I, 117
rfSI2 Dw ? registered I.....! 100U
Ki?W . !S? -
SCi '",R coupon ""'"" iSiiJ
j". j rpupon 110
lio
gJ"f 192J eoupon
FOnnnv -Kiv-ir a xtt?
kS ?.RS4 "..'8-r:T.hi. Csiw.Mch.nw
Jlda, "i-.., iviiii uemana sieniuy
Sterlln Francs Marks Lire
laid J,n7.-. ? B3J3-1B 0 84W
I 4 70 f-ltt C 34 82t-l-aa 6.M
gForelffn I.nnna i fito inn nan
Ttt'l -I?.K' lIay 18--Soma ln'teretlnB
in.. ,ne Pent altuatlon In
W of the National City Bank of Now
.t .".. n war loan to date
M follows. Great Britain. ,625..
a&'SMSi "uu- JW?
nr iii,wi,iw, ana .ua.
ttluaeary, 730,000,ooo, ft total at JV
lwAnnFore,arn Bank'nr Houses
Rrar'ni:"."i?"0Ju!.ur'n !
itato .ii" 21 fc";" to co-operate la
daS5,,,ocJ?,l?n T" Mnt rule
. .. t-t ciuirrn rmniri. 11 bu.
Joaivijull i,.Dk. ... r,i,i,,rk"
MProval 0f pmiJ,t WlUoo'a pot"
YORK MCTAT. MAniriwr.
Tfjfiw .. . -
ran, J". wt? ia 'ma niatal itur&a
; ffis 'ff . i-m-s i
--. mi fWBwyau.gy.
iVcw ToA: Stock Sales
,, , ... Mat clo. Hlah, Low.
,1'Wlli!it.lM '" M5 33 3
Allls-Chalm Mfo ,,,.,k 15 15 14U
Allls-Chalm Mfe pf ... 45jf 40 40
Amaljamated Oop utt 60t C0 05Jf
Am Agr Chemical ..... 61 61 COJi
Am Hf(t Sugar ....... 43) 4.-) 42
An,Cn f3M .T.1JS 32M
AmCanpf... 04K oCi n,-,
Am Car & Foundry ... 61U filljj 40lf
Am Coal Products ... 01 02 02
Am Cotton Uli 4UH 4B 4W
Am Hide A Loathor ... 6 6H fiU
AmHIdoALpf 21)5f 2(tli 28
Am Ico Securities 31 31 bd
Am Locomotive 4,m 43 .2)i
Am Smelt ARef 05 CS'4 OtH
Am Smelt &Hef pf ...103!4 102H 102J
Am Steel roundtles ... 30lf 31 31
Amsujar Iteflnlnit ...106lf 1().M 10414
AmTelA. Tpl U0 HUH lit)
AmWoolenpf 83 83H aiH
Anaconda Copper 32 32 31(
AtchTASP 01t B9J4 08'f
AtchT&SPpf 09)4 09W 08J(
UatdnlnLoco 43H 42U 42
Baltimore & Ohio 72!f 72 71!
Dcthlchem Steel 134 133 131
Ilcthlehcm Steel pf ....nnf 111 111
Brooklyn Hap Tran ... fc7)j 80H KH
Brown Shoe pref 76 71 70
Butte & Superior 02U 03 flUi
Cal Petroleum KM iC'i Wi
Cal Petroleum pf 38 37 ,1i
Canadian l'aclflo 168' 16SU I57U
Cent Leather Co BOJf 35'( 3i
Chcs&Ohlo 43! 4 tit -13
Chlno Copper 43H -l'Df 42
ChlcaRo Great West ... 10H 11 11
Chi Gt West pf 2Wi 2V,i 27H
ChtMII&Stl' 00 S'.l bSH
CMMII&Strpf 123H 12.1 121
Chi A Northftcst 124M 126 12.5
CMH1&P mi VIM 22H
Colorado Kuel K. 1 20H 20 2.,U
Continental Can pf ..,. 05H 05 05H
Consolidated (lai IMU I'.'.th l'J.Hi
Corn Products Ilcf pf 77 W 70H "Oh
Tniclblo Steel Co-. 2.) i3t 22
Dcn&Kloarando pf . 12U V2H Wi
Distillers' fcccurltloj ... 1,'iH U't 12l
Erlo 26H 26h 24
ErloMpf 3t)) 40 30H
Crlo2d pf 31 3IH 3Jv,
Gen Chemical 202 210 210
General Klccttlo 161 161 160
GencralMoton 130 130f VMH
Gcnoral Motors pf .... 7H 00 00
Goodrich BF Co 42 42 41
Goodrich B F Co pf ...101H 101H 101U
Great Northorn pf ....117 110'f. 110':
GtNcfjforoNprop ..31!.' 3W 31K
GugRenhclm Kipl'u ... I.7H fi7)f COX
HavGIRyL&P HUi Slli 81U
IntHarvNJ Ill OHS UUi
Intcr-MctTotto 20Ji 21 20
Inspiration Copper .... 2!)! 20lf 28
Kan City Southern ... 20H 20!f 20
Kan City So pf G8W Bo!" C85i
KrcjRO Co 12854 130JS l.TOJ
Lorlllard Co 170 170 170
Maxwell -Motors 39H 39i -"'HW
Max Motors 1st pf 81 81 7lj
Max Motors 2d pt...
Mexican Petroleum..
Missouri Pacific
Montana Power
Miami Copixir.
32'f 33H 8l?X
. GOH liOH 07
13H 13W 11
. 48 48h 4U
V3JJ 2.1H 23H
Nat Cloak A Suit pr... 103 104W 101M
NatLoad 68H COW 60)
Nevada Con Copper... I4W 14 11
New York Air Brake... 8-1H 83 S2
NYNH&II 02K 02)f fil)
New York Central S4!f 84 83M
NYOA West.
Norfolk A West pf..
Northern Pacific...
North American....
radflcMall
Pennsylvania
Peoples Gas, Chi....
Plttsbureh Coal
Pressed Steel Car ...
Pullman Co
y Steel Spring
RayConCoppor....
Rcadlne
Rep Iron A Steel....
Rock Island Co
Rock Island Co pt . .
Rumely M Copf ...
Seaboard Air Line...
Seaboard Air Llnu pf
fatLouUASF
bt Loub A 8 F 2d pf
Southern Pacific. . ..
Southern Pacific tr
:H 28 27
... SoK bW 85M
...104W 104 103X
...72 73i 7314
... 20W 21 21
...107 107 100U
,..U5i 116U 11CU
... 204 20 20
... 42H 43 41U
...163U 163i 1.13M
... 30 20 20
.. 225f 23H 22W
...143H 143 141f
.. 27 20H '2GH
... W Vi H
... ( M H
... 14 13 13
... 13H 14 13
... 36 34H 34J
... 6 4J4 AH
... 6tf Mi :m
... 67 '7 8M.
9h 09M
bouthernlty 'f' l'?4 lbh
btudebaker Co
Tennossco Copper . .
Texas Co
Third Avenue
Tobacco Prod pf....
TulnCltyKT....
Union Hag A Paper.
05f 06 W 03
... 33 i3 32H
...122 125 123
40f 48
08 08
07M 07H
0 0
40
.. 00
.. 07
BW
Union llae A Paper pf. . 27H 25!f 2oU
UnlonPacUlc 124 124H 123K
Union Pacillc nf 81 81 0
USCastlP&F 12 12)i 12h
United llys Invest 17M 17H 17tj
USIndAlcohol 30 38 38
USRubbcr 01 00K 60J
US Rubber 1st pf 100H 100 1U0
Ufabteel B31f 52J 61
US Express 02U 04l 01
UtahLoppor 0-W (H'f 0.1
VaCaroChem 311 20 29
aCaroChempf 06 i USK 05K
Valron, Coal A Coke... 38 37 37
Wabash . M M M
Wabashpf 1 Ji !,,
Western Union Tol 05 05 C4'
WestlnshouseElecUlc. 88 88 80!f
AVells Farso Exp 00 00 00
WheellncALE 2)i 2 2
WheelALE2dpf 3J .1 J
Ulyj Overland 112 113 111U
WooiiorthFWCo....l01 10H5 10M
Woolftorthpf 110)4 110M H0H
Close.
324
H!(
40
05H
60J
42'f
324
05" (
4 OH
O-'D
44)4
B)f
I8?(
M)
42H
04)4
102)4
31
104H
110
83 J i
31)4
08'
08)4
42
71X
131)i
lit
80
70
02
ll)(
37
167)
?5K
4.i'(
42)i
11
27K
88).
12.)
125
22)4
20
06)4
123)1
70j
22
12)4
12J4
25
30'f
31)4
210
160
13-1H
00
41
101)f
110)4
31)4
C0'
81 U
HJ
20M
28)4
2)
B8
13 l)
170H
38)4
80!f
32H
07
12
48)1
21)4
104W
50H
11
83
l!f
3
27)4
85)4
103M
73M
21
100)f
11 w
20
42
15.i)
20
22)4
142)4
26'-4
)4
H
13
14
34H
4)1
t'i
H
09)4
1G!4
04
32
123
48
08
07H
li
25'f
123)4
80H
12)4
17j
38
GO
100
62
04
oyr
2')
053
37
J4
1
G4J,'
87H
00
o
3
111)4
101H
110H
ASPHALT ANNUAL MEETING
Board of Directors Re-Elected Few
Stockholders Present.
The General Asphalt Company held Its
nnnual stockholders meeting today with
President Arthur W, Sewall acting as
chairman. Only about a dozen stockhold
ers were present.
After reading the minutes of the last
meeting the annual report, which hod
been published some time since, was ac
cepted. . . ,
In his report President Sewell remarked
that earning", unless this country be
comes Involved In war, should bo suffi
cient to take care of the preferred divi
dend and possibly exceed that, but It was
too early for an accurate forecast.
At the ensuing election for directors,
the present board of seven members was
re-elected In Its entirety, but the direc
tors were apportioned Into three classes,
to serve as follows: For three years
Henry W, Bddle, Itudulph EUIb and Sid
ney V, Tyler, For two years William I).
Wlnsor nnd Arthur W, Sewall. For ono
ear Avery D. Andrews and George II.
B. Martin.
NEW YORK COFFEE MARKET
NBW YORK, May 18. A weak tendency
again prevailed In coffee futures on tho New
York exchange. Opening; loe.ea were 8 to 11
point.. Trading wa. moderately acthe. Prices
'ollowl ' Today's Yeaterdaa
ouenlnr. clot.e
.!',., ,.. BirMiino
.t. ..,-., .V.STtV
UVU, I-
April ....
May
June .....
July .....
AUKU.t ...
beptember
October . .
November
December . .
January . ....
February ,
Man.h ........
Did
Bale.. 4000 bag.,
. ...
., 6 6166,71 0.1
II ".','! Ultll'oVi 6.7'dge.ito
I,;.... 67460-60 6S2a083
eS03e.U0
7 o4S''.03
::::ira.'77
'6.80
I1H
... ..'0.02
Keystone Watch Case to Sell Land
At the .pedal meeting of the stockholders
of the Key.tone Watch Case Company th;
resolution to sell a manufacturing plant and
iround located In Newark toi the Sloan &
Chaaa Manufaiturlng Company and certain
around nod a dwelling located In att Orange
to the Riverside Metal Company was adopted.
BAR SILVER
NEW YORK. May 18. Commercial bar .lUer
wm nuot4 at 49J4 cenU'per ounce, a. decline
of. TU price In Loadon uaa 23 9-ie fence,
off 1-18.
War Insurance Rates Reduced
NEW YORK, May 18 UjcaJ ar rUk taaur
jiiue uod.rwritw. ha raduc4 their rates w
lillint in WrUl.ii or French ysaaela ta
lioilon or Uverpool from the bails of 1k and
- $tt cut. to l!4 W .
New York Bond Sales
tOKCXI Alnka flold cv OS ...
L'lUjo Amcr Ar Ps ........
.-Wno Amcr Smelt sta OJ...
Hiw Amcr 'lei clt 4s.. ..
0OUO do CM 4H 1..
lie) Alner Writ 1'np Os.i,
lvni Atchlnon IV i'
bOMJ da cv 4s 10(H)
imi Atlnn Co Llns 1st 4.
niu uo ill Is
.'Kin Halt Ohio J
p OS. ii. 01, jm
0 , OTJ4 va'i
111
80
huh
81)
iitiHi nn pv lu.i.
KXI II A. O I' I. EftW V A Ml
ilUK) Unit & O 8wn 3'4 .MS ,
Lmui 1 nlilwln Loot &" ..10iV4
1WI lletli bteel lit 6s .. t. 1UJ
llrlll uu rid .".,. . .... 1 PIH
jimki 11100k np Tr n 'is.. wy
limi Hrook t n Elv l.t 6S..10U
il fent I-eatber l.t 3s... WA
SiiitPO Cent I'au lt 4 .87Mi
1UH) fent II II N J Ji . 114.,
1000 Cne. & Ohio 4)4s. . .SOJi
1UVU dies Ohio 5 ioHi
loou Chl A Ea.t 111 0. . ..103
1&00U Oil 11 A (J Jnlnl 4... . V31.
0000 chl 11 & g gen 4. . . vl
luoo chl 11 A y III ais..,. fc-l
lSOW C M & Ht ! cv ta rot.10.1
1VWW O M & Ht V 4. . . . SW
1000 U M Ac 8t V 1(1 44. 8SV4
4uo 1; M Kl St 1 gen 4 -is. luoU
41XM Chl H 1 A l" Us. .101
nuoi) Col Ac South 1st 4s H1IU
100UO Con (las cv 0. .. 1ISH
IOW Del & Hud 4. '10 . . U.i'h
KXiU Lei A Hud rfd 4s . IU.
low Den & n O rfd Ss .. 4"
100O Detroit Kdl.on l.t C. ltr-
0000 Frio conv 4. 3er II... 0JH
IHiou flrccn Day Us 10.1
lOtAi Havana l.'leo 6a ... 20H
rm 111 Steel deb Vi M'l
IhkiO Ins Cop cv 0a .. UO
liro m cv rxt :id pd o '10 iw
MiOO jnterb .Met 4M,s ... 78
2JIKHI Interb It T ret 6... OJ'n
liOUH Inter Mer Mar 4A'.. 41
imiu lo col 4 ii 42
2I(xk Japnn new O stn 4n. 7.14
4imio JapRneae l.t " ... t4
1000 Iiclede Uaa l.t 6s. ..lot
HWHJ I.nKo Sh deb 4. 102S. M!4
1UW I nrillsnl C IIDW
-." l Inula & Nu.lt 4t 1I
low Minn & St I. 8s .... h7
luoo Mo Knn fc T 1st is .. 78
7KH) Mo Knn & T 2d 4s . Al
10WI Mo Knn A. T ext 8 82
TOUO Mo l'u 4s 41,
800(1 Mo l'nr ion! I's .. .10(1
IdOd Morris Hraox ,1Ws . 85'4
187MHI N Y (' & llud Us ret.!"!"
l.XIWI .n 1 t- Sc 1IUJ 4'is... (
1OC00 N Y r ft llud 4s ..,
.1(100 N V City An 108M ..
I0OO N Y Cll 4t.s IOU) ,
1SXO N Y City 4VVS 1003
10T00 N Y City 4Mi3 '0. .
20OO N Y City 4Ji Nov 'i
7000 N Y Oas It ft T 4..
400O N Y (Ins II ft 1 6s ,
IOTA N Y X II A II Cs ,
ROOO N Y Ont & W l.t 4s,
70CO N Y Ilwy rof 4s ...,
.woo N Y Itwy dj Bs...,
2000 X Y Stato 4'i . ,
HV)0O N Y Tel Ken 4Ws
7no Nor I'ac prlo 4s
.lo'O Nor Pao Ken ."s
4con 1'ncinc Tol rs
Smo) Pcnna cnl 4ti . .
ior) pre fit u .iw
r()00 Public Scrv N J 6s
3V00 Hrnrtlnir gen 4a
10CO Hep Ir H r.n .
20O0 Itlo Or & tV rlt 4s
noon Hock Ilsnr1 rM 4s
.""TO Kock Island
no'
40PO
(KOO
1000 Ht 1. ft S F Is
iooo st 1, a r s ...
ivo Pouth neii ss
. 2000 Sivitli Pnr 4
02(-0O iln cv ret f p Rs '
inno fliiith P-ic rfd 4
inro Roulh Itwv sen 4
JPIIO Oniith Ilwy con "
1000 Third Ac new 4s
7000 Tol Peo Ac V 41
4innii It H Rtecl 8s
10 II B St-el rtu 6h
20("i Ulnter A Del enn 8s
8000 Union Pnc l.t 4s
"ooo Union I'nc cv 4s
24fino Wabs.h 4s .
4000 Wnbash 1st 63 .
4ro tvnb nmi ct m 4s
(if ro West Tlictrlo 8s
tioonn VK n Ac M c Is
2000 Writ Jihore reff 4s
2C00 West Shore 4s
tiUU
lmK
1004
101).
74
lot
no'4
sn
no's
.100
.104U
DOT,
.104
70J4
(HI KOCK ISiaild itl . (!'
V(i Rv Steel Rpirs 6s 1011 nt'?
IPO ny Steel Hpss s lltll nsif
on st r. 1 xt a. So 4s . ni'i
tin'4
nsi
K7l,
nir.
nit'4
11
n
lOOTf.
um-y,
Jim
100't
1IXVH
on I'M
no 1
10(11.
.101'?
HI
LONDON STOCK MARKET
Favorable War News a Stimulating
Influence.
LONDON. Mny 18. Trading on tho
Stock Exchango was stimulated today by
faorab!o war nows and tho markets
were firm. Thorn was n. good demand
from Investors In splto of tho npproach
of tho Whitsuntide recess on tho ex
change Sentiment In Amerlcnns was
cheerful. Canadian Pnclflc Improved not
withstanding tho continued poor earn
ings. There was llttlo doing In tho Grand
Trunks.
Thero was buying of gilt-edged Invest
ments with new scrip In most faor
Homo rails moved up fractionally. Ar
gentina rails sagged ngaln. Tho foreign
department was neglected. Mines dls
plaed steadiness, and support was fur
nished to tho coppers Oils wero dull.
Tho Joint stock banks nro considering
tho opening of tho saving banks depart
ments for tho duration of tho war to
encourage thrift.
Amilsamaleil Copper ....
Atchison
Haltlmoro AV Ohio
Canadian Pacific
Chesapeake A Ohto
Chicago (Ireat Western...
Chicago M &. St P
Denver & Itlo Urnndo ..
Krlo
do pref
Illinois Cential
1 oulsvlllo & Nashdlle ..
New York Central ....
Missouri Knn.au ft Texaa
Norfolk & Western . .
N Y Ont & West
Pennsylvania
Rending-
Southern Railway
Southern Pailflc
Union l'aclflo
United fetato Steel
-rlncrea.e. Decrease.
London
cIoe.
. . uuii
. ..10 Hi
IIIIlAilVi
.... 41
.... 12
.... OJH
.... 8
.... EiiiS
.... 41
....110".,
)...1UI
.... W
N.Y.
COUlV.
(lllji
5T'
1 :.";,
ml T
J
'
-
Ml
Kill'.
114V.
ht
12
101
aiitk s.
l()7 ;
I. .
u
's
.. Ml,
.. 12
. . 105!i
. 88
. 014 us t:
.12l)i4 ism, - M
. B3(i M - J
ht,:
.'. -
s
RAILROAD EARNINGS
CANADIAN PACIFIC.
' 101S Decrea.n
Second week May J1.OOI.00.) H.1),0'iO
l-rom July 1 81,031,10 20.S03.07J
MISSOURI, KANSAS AND TCXAS
Second week May (312,871 S10 314
From July I . . . 20.1U3.U27 '323,030
TEXAB AND PACIFIC
Second week May $204,071 Jll.SM
From July 1 18,010,000 (VM.133
COI.ORADO AND SOUTHERN.
Second week May $230,810 110,072
From July 1 12.404.17d 788,W)J
ST. LOUIS SOUTHWESTERN.
1013. Decrea.e
Second week May I7U,000 j:o,oo0
From July 1 0,201,3011 2,0113 01 J
Increa.e.
NEW YORK BUTTER AND EGGS
NEW YORK. May 18. RUTTER-Market
steady to Arm. Receipts, la 008 packaged
Eitra. 27KC ; higher scoring, S8g2SHo , Stato
dairy. 27e7Hc, Imitation creamery, 21H8c
BOOS Market weak and un.ettled Re
celpta. 30,710 package.. Hxtra flr.t. 21c ,
regulor packed! first, lOHtt'-'OHc. regular
nacKeai nearoy vwm, -iuih,c. ; mixed color,
Z1C, nearoy nrownv, xu-vc.t eto:
flrt, SieSlHci
storaKa exlni
storage first, 20321c,
DIVIDENDS DECLARED
National Tran.lt Company, 641 cents a share,
payable June 13 to stock of rtjtord May 3.
A dividend of ecjual amount vjfU paid three
months ago. Previous dividends were at the
rate of 71 cents .quarterly.
South 1'enn OH Compary, $3 a share.
Mergenthaler Linotype Company, regular
Quarterly '-Vj per cent., payable Juna 30 to
stock of record Juna 0,
TRADE BALANCE $16,403,761
"WASHINGTON, May 18, The balance
of trade In favor of the United States
during the week ended May 15 was 116,103.
781. The exports were $oO,W5,59, while the
Imports aggregated 131,101,832. The ex
ports of cotton during the same week
totaled i:i,200 bales, making a total since
August of 7.803,803 bales. This statement
was Issued today y. tha Oepatrnent of
Commerce, based on figures from 13 prin
cipal customs districts.
JOTES OF THE RAIL
The 1S7 principal steam railroads of the
United Btates earned, during March, 1915,
net operating revenue pf 6,7S7,S1. the In
terstate Commerce Commission today re
ported Total operating- revenues of
these lines amounted to JMimiSC, ana
total expenses, tlM.TIl,M Net revenue
per mile for these roads for March. Hit,
was JW, against pm for March. UU.
LOCAL MARKET
IN QUIET MOOD
). -
United Gns and Lehigh Naviga
tion Showed Strength Trac
tions Inclined to Sag.
'Uesplto tho heaviness of tho Now York
market, which was reflected hero by de
clines In such nrbltrngo shares as fulled
Btutps Bteel, Heading and l'cniisytvniiln,
the purely local list held fairly steads
throughout most of today's session and
In some cases, notably United Oas
Improvement, modernto advances wero
recoided
Knowledge that the Lehigh and Now
Knglftnd's enrntiigs were steadily showing
substantial Improvement mny have ox
erted n stimulating effect upon Lehigh
Navlgntton shares At all events, tho
prlco rallied a llttlo on light purchases.
Nothing notable developed at the annual
meeting of tho General Asphalt Company
today and the securities remained Inert.
Interest centred around tho traction
stocks. In view of tho fact that tho re
port for April wni not sent out until
after tho market had closed on Monday.
As had been expected, gross earnings fen
off, but tho llgurcs by no means boro out
oxaggoratrd estimates of Inroads matte,
on tho compnny s passenger receipts try
tho Jitney busses, Tha roat reason for
tho decline of somo J70.000 In gross whs
unemployment.
As compared with tho volume of oper
ations of tho mills of tho city at this tlmo
a year ago, thero has boon a noteworthy
reduction In labor ompldyed nnd this Is
the class of tralllc that counts with tho
company. Savings In operntlng expenses
duo lo moro rfllclont management moro
than offset Inctonacd flNcd cli.irgos so
that tho surplus for the month wa only
$12,000 below that of Apill Inst J car.
Ksttmntes now give the tompany a sur
plus of nbout JIGo.OOi) for tho llscal year
ending Juno 30, as compared with $310,233,
tho actual figures for 1911. Neither Itaplu
Transit nor Union Traction did moro than
mark tlmo for a while, holding Quito
steady around last night's final figures.
In tho nftcrnoon selling pressure In
creased on the tractions nnd both Union
nnd Itapld reacted fractionally, but no
great umount of either lisuo wns offered
After selling down to 7',i Itapld Transit
milled to 7H nt the closo.
Heavy transactions In Cambria Steel
scrip of Muv, ID17, were ngnin In evidence,
tho ijtiotntlon ranging near SW'4 most of
tho time. PeniiHlnnla IVJs certificates
wero also actively dealt In "when Issued "
Otherwise the bond market wns lather
quiet except for tho salo of a $10,009 block
of city 4s
A now twist to the old rumor of nsk
Ing tho Union Traction stockholders to
turn In tho remaining $32 50 uncalled on
tholr stock was produced today In tho
shnpo of a suggestion that dividends nt
the rato of 6 per cont. on the additional
payment ns well as tho old dividend
guaranteed by tho city be distributed out
of tho first earnings obtained from tho
operation of tho property.
Local Half-hourly Sales
10 to 10:,10 A. M.
80 Westmnr Coil dl1
20 U b Steel 5J4
RO Leh Val T pf -"'
10 Union Trap 11
80 Ins Co N A 21 (5
18 War 1 Ai S
100 U S Htcel
100 do
100 Am Copper
10 htudebaker.
10 do . .
10 U R Steel
40 Penna . . .
ID U K btcnl .
10 do .
lOO iln
II) do
1(10 do
KXI 1I0
I
(111
ir. too
fO I.eh Nav
10 do
lo Penna
14 Uu.
71 North Cent
III Leh Nav
20 do..
10 North Cent
21 Rending .
10 u Kieei
7l
R.14
r.iu.
R4
a
71V4
8&
8J'S
do
100 do
M'i lno do
82 81 do
r.Jti 11 niectrlc Stor.
r.'.'ii r.iv 1 .eh Nav
lecirie moi ,,r'
, T
KIM
S'l.
',2'i fo l.eh Nnv
u-'t 100 Reading
BONDS
121 IMmbrla Steel scrip Mn 1I7
711 Cvmbrla Htecl scrip May ll'li
(IJ Cambria H(oel Ecrli) May I'll"
2.'1 CnmLrlT Stoi-I Kcrlp Mm 1IH7
1S7 t'ainbrln Steel strip Maj 1017
181 Cimbilft hleel ncrtn May 101.
12 Cambria Steel scrip Ma) l?t.
12 ramhrla Metl scrip May l'UT,
n Cambria Ptccl scrip May 1IM7.
WW Cambria Htcel scrip May 1017
28 C'unlrli bteel scrip Mny 1017
roui Penna Ren 4'. ttts w I
1000 Pennn Ken lts ctls w I
212 c.imhrla Stent scrip May 1017
1H Cambrli Steel scrip Mav 11)17
41 Cnmbrla Steel scrip May 1917
400 Amer Gas ft i:iec 8s .
10:30 to 11 A. M.
r ion an . o.u
8.IW 100 Cambria Steel 4714
V. 100 Tonopah Uel 4S
Jl'5 1011 Cambria Slid 17
7'i 200 Tonopah Uil. 4'5
821 J 40 U S Stool 8-'
Mil 10 dn . . 8J14
f,2'J 10 Rcnrtlnic 71 1-10
8JIJ 10 U H Steel 82'i
621 100 Lnko Sup Cor 7'5
BONDS.
480 Cambria Steel scrip May 1017 . . .
anoo Penna Ken 4Ua ctfs w 1
ROM Penna gen 4W ctfs I ..
121 Cnmbrla fiteel scrip May 1017 ..
Jl Cambria Steel scrip May 1917. ..
11 to 11:30 A.M.
N A. 2tt, 15 Pa Steel pfd.
. . . . 82S .11 P R T t C.
Rcl. 4ii 21 do ....
O do 4W 11)0 ir S bteel
24H 100 'lonopan .inn.
ROND3.
S2 reh Nav
10 Pcnna
2 do .
80 Union Trac
1,1 P R T t c
inn U S fiteel
IPO do
8(10 ln. . . .
1011 do . .
10(1 do. .
8 Ins Co
7 II O I
20 Tonopah
10O Phlla Eleo
71
I) IP,
I'O'-j
PH14
noii
.104
ini;
iw5
urn 5
on 15
834
2't
W7
117ft
oov5
50
10 Cambria Steel scrip Way 1017
0 Cambria flteel scrip May 1017.
moo Reading Ren Is
8000 Amer lns ft I.'lec Bs
300 Phlla Electric Ss . .N
10 U
4(1
10
80
200
BO
80
300
11:30 A. M
82
to 12 M.
B 6teel
do
do... .
do
do
do
dn . ..
do
80 Union Trao
II Ray Cons .
80 I.eh (Nav
.100 i n T t e.
100 V H Bteel.
2U
... 82
... BJ
.... 82
... BJ
. .. M'i
.... 82 10O Cent
BONDS.
innnn citv 4s 1011
IOoO Lehigh Valley gen cons 4
lUOO Lehigh Valley gen cons 4
SOW Lehigh Valley gen cons 4
. 00
UU1
. ui
lOlVs
81
loo I'n'on Trac. it
2 J'enna ms
i,eamer .ia'i
(?s ... . U8(J
12 M.
BO Leh Nav ...
80 do
100 Phlla Eleo .
3 Phlla F.leo .
100O Penna gen
bOOO Penna gen
M.
to 12:30 P.
, 71H 100 U S Steel.
. 7.' 80 do
. 2I; 21 do
24 U
BONDS
4fas ctf. w
4Ua
ctfs
SmiV Penna. een 4Uu ctfs w I
10111 1 amoria p(eei "Tip Aiay jum..
1000 Public Service Corp B.
LVIS
r::i:
M.
BO U B fiteel.
0 I.0I1 "Nav
IS Wf.tmor Coal
5 do
COCO Penna gen 4 '.is
12:30 to 1 I
. B2K
, 7J
PONDS.
4000 Penna cons 4 Us 1060 . .
12 Cambria Bteel acrlp May 1017
A2 Cambria Steel scrip May 1617
titt uamoria wen arrip jiay ivii
BJU
BJVl
82
D7i,;
07
8711
07'
olH
B000 Penna gen 4Vis clfit w I
BOiNl lnign -rav cona ii
BOOO Lehigh Nav con. 4fta
1 to 1:30 P. M.
t c
10 I R T
;i do...
2 Fenni
7V4 4 Thlla Trac.
7tJ 100 Am Itwy
Ml?
BONDS,
62 Cambria Steel scrip May 1017,.
1000 Amer Oas ft Klec Be,.,,...,..,,.
1:30 to 2 P. M.
ion vi
. U7
07
. 07
. 07 li
. OStl
. Obj
'4
1)7
R'M 10 Penna
11 n 1
10 do S2 20i) Tonopah Bel
BONDS.
15 Cambria Steel scrip May 1017
41 Cambria bteel acrlp May lull.
Hi Cambria Steel scrip May 1017
10 Cambria Steel scrip May 1917
3000 Amer Oaa ,i Klec 8
1 2 to 2.30 P. M,
100JT S Steel. . . M'. in 'rnua
100 do aS 20
iiu An ..... nil. a
.M n. w n.i All inn IT c Ca.I
34 U Ql .... 82
BONDS
213 Cambria 6teel scrip May JPIT .
110 Cambria. Bteel .trio IVb. 1S17....
:4 Cambria Steal acrlp Nov. 1010 .,,
100 Cambria Steal scrip Mar 1017
30OO Keystone Tel 1st Ss. .
BOOO ey.toae Tel 1st 5s ..
2,30 to 3 P, M.
100 V a Steel 62 1 Vnlon Trao.
07
07
1)7
07
8i
UU
i -i-ciiiitt ....... a.iYi
20 Phlla Co . . . SltS
S U O I .... sif
lOTpah Bel 4J, ft d.
25 Lb Nav Tits 100 Union Tri
BONDS
B2 Cambria atael Mrlp Tcb IWt
12 i-anW.rla Steel scrip May 1817
BOO xaet Qa & K,co C ,.,,.
03
1 r
sJH
Trac 31
FINANCIAL BRIEFS
According to tho Comptroller of Cur
rency's latest figures tho national banks
of this city wroto off May 1 for deprecia
tion of securities $106,016, compared with
their values ns of Match 4, 1911, making
the nmount credited to surplus, etc.,
$16,067,433.
Tho Oovernlng Committee of tho Phila
delphia Stock Kxchnngo at a meeting
yesterday presented Iho Special Commit
tee of rive, W. I). Grange, Isaac T. Stnrr,
J. D Wlnsor, Jr., Charles Jl Bcnn and
Horace H. Lee, which supervised trading
after the reopening tho nxchnnge, with
loving cups Tho nnmes of J M. Wjnn
nnd William Marriott Cahby wero posted
for membership
Custom houso official figures of general
merchandise cxportB from New York for
the week onded Mav 16 totaled $21071,218,
an Increnso of $8,718,003 ovor a 1 ear ago.
President Markhnm, of Illinois Centrnl,
returning from a Southern trip, says:
"The Boutli, which was tho hardest hit
of nil sections nt tho beginning of tho
war, now promises to bo ono of tho most
prosperous. Diversified farmlrg Is making
fast hcadwny and will ovcntually bring
big Increases In railroad tonnage The
llvo stock nnd dairy Indtntrv li coming
to bo n big Industry nnd In somo dis
tricts grain Is now a mnjor crop."
Tho Pennsvlvanla Ilallroad has ordered
5" modern heavy consolidation freight lo
( omotlves from tho Lima Locomotive
Corporation.
Norman S. Alexander has been ap
pointed general manager of the Pair
mount Park Transportation Compnny.
The local Stock Uxchango Heat of Leo
H Wolf wns sold to William .Marriott
Canhj, nnd J M. Wynn bought tho scat
of Hvans It, Dick.
The New York banks
$100,000 to Now Orleans.
transferred
Tho April grons cnrnlngs of tho Virginia
Rnllway & Power Company showed a
docrcaso of $9G33 and a net decrcaso of
$18,133. Kor ten months tho net decrenso
was $15,345.
AloMs I dti Pont, secretary of the
du Pont International Powder Compnny
nnd tho International Smokclcst Powder
& Chemlcnl Company, has sent out let
ters to tho stockholders of each concern,
stating tho former will get a pro rata dis
tribution of J1L0 per sharn as a final liqui
dating dividend, whllo the latter will re
ceive $10.
New York banks gnlned $740,000 from
tho Subtrensuiy ypstcrda.v and havo
gained $909,000 slnco lust Friday.
Tho Lehigh and New Kngland Ilallroad
reports an Incomn of $3T9,3b3 for tho nlno
months of lis llscal 3 car, with a net
gain of $14:,2U.
Dluivn & On, v3rc sellers of Itapld
Transit. Snyder is Co bought.
Tho nvernge reserve ratio of tho Phila
delphia banks crossed 23 per cent, last
week for tho first time since the Reserve
Bank stem wns In operation, ncservef
held were distributed as follows:
Philadelphia National . .. .J.
Noith America .
1 armors ft .Mechanics' National .
Nutional Rank of N. Liberties .
Southwnrk Nntlon.11
Korslnston Natlonnl
Penn Natlonnl ..
Manufacturers' National
(llrnrd National
Tindesmen'H Natlonnl
Corn Kxcliante National
Union Nutional
First National
Third National
Sixth National
UlKhth .National
( cntrul National
Nntlnnil Rccuilt
Centennial National
Ninth National
Tenth Nutional
Northwestern Nutlonul
Raiithvvcmein National . . ..
Fourth Hlritt Nntlouul
Mirket Mtret National
Quaker City National
Northern National
Franklin Nutlonul
Tcxtllo National . . ..
Land 'lltle A. Trurt Co
Real Uatntc T I ft T Co.
(llrani Trust Co... .
W Phlla. Tltlo & Trust Co
Phlla T Co ..
Provident Life ft Trust Co
Penna. Co Ins on L ft O.
Total.,
Totals,
national banks
trust companies
. S14.130.C00
2.84.1.000
1,778, IHO
8118 000
.'.7J,OlrO
2118.000
l,20l,WM
417,000
7,(174,(100
1,1(10,000
4 2111,0011
822 000
0 4(17.(10(1
10111,001')
L' 1.1. OK I
70N,Wk
3 01(1,(11X1
.VlK.OOII
1,05.1,000
7J2,00()
id-i mm
741,000
184 OOD
. . in fisu en 0
181(1 (Oil
mono
.18(1,000
7.H14 000
. . . IBS (KM
. .. 2 418,1110
1 0 11,000
.... IIW )(
.... 778,000
. . 2.XU.noit
1 R 111,000
a .vim 000
$787lTi)0
2.'.04l,UH
Totals, all members
1101,813,000
Only rnutlno business was transacted
nt tho meeting of tho Warwick Iron and
Steel directors today.
The report of tho Dome Mines Company
for tho year ended March 31 showed a
decrease of $101,280 In total Income. Tho
surplus wns $178,378, a decrease of $279,1H.
Cotton exported during tho week ended
May 15 nmotlnted to 121,200 bales, from
August 1 to Mny 15, 7,6CX1,S02 bales
Itcport of tho Standard Silver-Lend
Mining Company for 1914 shows net earn
ings of $376,164; $71,000 was paid for pur
chase of additional mining claims, which,
with dividends of $175,300, left a deficit
for tho year of $170,000. Operating state
ment for tho month of March, 1915, shows
net loss of $18,330. On March 31 cash on
hand nmounted to $11834.
No action was taken on the Gramby
Mining dividend nt the directors' meet
ing today.
Tho eighth general meeting of the
American Iron nnd Steel Institute will
bo held at tho Waldorf-Astoria May 28.
Tho opening address will bo made by
tho president, li. II. Gary.
Sugar rentiers have ngrccd to close
their offices all day Saturdays, from May
19 to September 4, Inclusive.
foreign stocks of copper, nccordlng to
fortnlghtlv statistics, Increased 2916 tons,
and tho visible supply rose 1065 tons.
Tho cotton exports today wero 33,458
Index, against 19,128 bales the samo day
Inst ear; from August 31, 7,576,305 bales,
nunlnst 8,443,632 bales In tho snme period
Inst year.
SHARP SLUMP IN WfflAT
JULYD0WN234CEMS
Damago to Grain Has Bri
Overestimated Visible Sup
ply Smaller in Europe
Sales in Philadelphia
Yes clo.c. High. U
no
100 Amat Copper,
nil Am itivvys , .
200 Cam Steel
100 Cent Leather. ..
20 nice Sign .
51 Ins Co N Am .
100 Lnko Sup Corp.
40S Lehigh Nav . .
ft) L Vnl Trnn pfd
81 North Centrnl .
loo Penna
15 Ponnn Htcol pref 80
ii I'nwi m . ),
201 Phlla mec . .. 2414
800 Phil 1 It T tr ct 8
4 Phlla Tract 75
11 May Cons
111 Heading . . 71,
-Ml Studcbnker
DID Tonopah Bet . . 4',,
100 Tonopah Mln . 7'n
31(1 Union Irnctlon. .in
sun 1 .. si'
3010 U S Steel . W,
11 Warwick I ft 8 Oti
150 Vvislm CojI .. 01
RONDH
Last nrcv.eale
0000 Am Ons ft 1: Is 81,
,1.11 C St scp Nov '1(1 IIS
5012 do .Mny I'll" . nil
202 (lo Ib 11117 . IM1U
11000 Clt 4. 1941 .10U,
fDOO Key Tel 1st 8s.. OlVt
100CO L Nnv con 4'4s OS'A
BOOO 1. Val g con 4V4B 08iJ
.18000 Pn g 414)i ctf w I 07
4000 Pa con 4tis '00.10.1Vi
100 Phlla El 8s . .101
lono Puh Ser Corp Bb 80'4
3000 Reading: gen 4s. OW,
NKlose.
Id) HI!
"" hum :.oyj oou
47'4 471 47( 4714
8S 8514 3511
8?U S?h 8 8$
7i 7i(, 7v 7U
7l4 72 71S 71',
21) 29 211 21)
84 84 84 81
r.N r fi mv. r.w.
SO 50 811
84J4 .14J4 .T4'4
2 24 24(
"i? 71) '
Z$ .TI 111'
22.4. LI-S4 ?i
7lit 71. Tlif
01H O.VS UfH
414 414 4H,
7 7 7
.111, .10'. 31
8J14 HJf HJlj
BJf 51 i BJl
ll'fl 91. OH
01 01 01
High I-ow.
81 8M
IS HI
117 Villi
07 117
101U 101U
U'J "t "ft
URl. llltf 081i
U8U IIHM UNli
97 9711
10.111 103'i
lOlji l()lt
R7t, 8711
9411 94U
Close.
81
98
97
97
10111
08'
1181
11 Vl
10.111
lOt'l
8711
94'j
Local Bid and Asked
ivilduln
do pref
Cnmbrla rileel . .
Rlectrlc Rlorngo ..
Oenernl Aspl alt
do pref ...
Ke.tono lelephona
do t c
do pref
Lnko Run Corn
Leh Nnv
Leh Vallcv
I eh Val Tr
do pref
PennsvlvanI 1
Phlla Eloc
Phllo Co
do 5 per cent prof.
dn 0 per cent pref
Ph.la It T
In t c
.Reading
Ton lielmont
Ton Mining . ..
1'nion Traction
U O I
f S Steel
Todnj's
Hid Asked.
. 42 44
ICO 101 100
4i, 471, 4714
ZA) 81 80
24 21 24
04 111 at
14 18 14
14 15 11
117 (IN U7
714 74 7
71 11 7014
II II, 701, 70
14 15 1414
2SI? 211 28U
8.1 14
21 2111 24
14 .11 .1414
84 .11 114
.111 40 31
7lC 7H, 71f
7-10 i 0-111 4VJ
7 7i 7
snj, ait ntw
K2'4 82 ti 2t
82 5214 81
Ycsterda's
Uld A.kcd
4ll 41
jui
48
51
21
115
15
15
08
71
711.J
701i
13
211
M94
2I1
.10
.15
40
8
8
71',
4'j
74
a.
8.1
ift
Lcwcs, Del., Bank Liquidates
WASIIINOION May 18 Announcement is
mado b the Comptroller of the Currency that
the I.encs National Rank, of Lewes, Del , was
placed In voluntary liquidation on May 12
PHILADELPHIA MARKETS
CHICAGO, May I8.-JTJ19 poor demand
for wheat was manifested In the May
and July crop, which opened this morn
ing at $1.56 and $1.9H. respectively, show
ing no change over yesterday's close.
May wheat dropped as lotv as JL63U ahd
failed to recover In the later trading.
July showed even greater weakness, clos
ing at $L26K a loss of 2K points from
last night's final figures.
Corn quotations developed a reactionary
tendency In sympathy with wheat
Tho present corn situation Is also duo
to a poor demand, rather than to any
pronouncod pressure that may come from
foreign reports. It la tho opinion of
traders that the further speculative
movement In wheat will not come unlit ,
extreme damage to the winter crop and
a poor prospect for spring wheat can bu
conflrmod.
Estimates of 40,000.000 to 60,000,000 bush
els are being mado for the distant future
In wheat, The corn market shows signs
of runs of two to three- days' duration,
and stocks, though .till large, aro de
creasing, with not n visible heavy de
mand. Oat statistics are bullish. The bulk of
the visible supply s believed to bo cen
tred In Chicago br at the seaboard await
ing export On April 12 Chicago had
13,000.000 bushels oats, but at present Is
lioldlng 6.400,000 bUshets, showing a de
cease or b.cw.ooo bushels within the last
month
Careful Investigation shown thnt the.
damngo reports to wheat In tho affected
area have been overdrawn and that the
crop will fall only a little short of tha
bumper harvest of 3914.
Tho European visible, supply of wheat
this week Is 94,704,000 bushels, against
100.6S8.0OO bushels of last week, a decrease
of 5,884,000 bushels.
India reports general heavy rains, which
nro proving beneficial for tho soil. Arri
vals nt porta nro large and prices aro
easing. Scarcity of tonnage Is against
shipments
The crop outlook In Franco Is reported
favorable. Great dissatisfaction Is felt
with tho Government's Intention to re
quisition tho new crop. Further foreign
buying Is necessary If reserves of wheat
are to be established.
Leading futures ranged as follows:
(W.h""- ?W- !n"h' ko'v- c'!' close? I
,.?,). -159.. 1.BK 1 8.114 i.Bfts. 1.M l
i,irm l.ii "i
tieptembtr .. 1.21 1.2rP,
-.vin iiitjw urmcryi'
lay ... . 74ft 74
July . . 774 77"
1 Ml l.lWfc 1.M
1.2rtl 11.201 tl.2B
1.20fl.21 MJ38
Till 71 74
78 7n" mtr
r,eptember . 78V1 7RU Tn'X tt init
. Oats '" " "'
May . . . r.2'1 8215 51 M 52
July ..... 5i ftiii Boffi tSO?J Mil
li'd1-"" "' 40,i ," 4S" 45 "",''
Maj , ,,,015 . .... ro OBI
July ....... 087 0 02 087 10,00 i) HI
boplember. . 0.85 0.87 0.80 '0.82 79 00
Ribs
'"' tJO SO 102T 103S
July . .10.80 10 52 10 50 110.80 10 85
September . 10.78 10.80 10.72 flO.73 lO.Jib
Pork-
May . . .tl7.B5 . .
July ...17.98 18 03
sememher ..lH.?n iR.tn
Did. tAsked
.... 17.00 1770
17.92 M7.91 118 02
18.17 U8.25 18 32
LIVE STOCK QUOTATIONS
CHICAGO. May 18. HOGS. Receipts. 19.000:
PlTl'It Jfiow' ic- lower; mixed and butchers.
$7.45(37.80, rood heavy, S7.2.17.78: roush
S?JfT-11$'?: i0 "'
CATTLa-Recelnt.. nooOj market slow,
steady, beevee, 10 9039.21: cows and helfera,
$1 218.75, Texan., in 10W7.25: calves. B.R0aO,
SHEEP. Receipts '10 000; market weaVir na
tive nnd Western 7 80OS.B5; Jamb, S7.75&10.
spring lnmts. J0S12 80.
COTTON
NEW YORK, May IS. Business In cot
ton was quiet this morning and prices
opened unchanged to 4 points higher, or
about on a parity with Liverpool. There
was some scattered covering of shorts
and also a little buying of the late
months for foreign account. The weath
er In the belt remains favorable.
In the eaefternoon prices weakened
somewhat, declines being established
ranging from 4 points In March to 6 In
July.
GRAIN AND FLOUK
W1IKAT. Receipts. 23,270 bush. The
mnrket wns 2c. lower under bearish specula
tion In the West, nxport Inquiry was fair
Qjotatlons. Car lots, In export elevator No
2 rd, spot, $1 B2i?t 55, No. 2 rod Western,
spot. $1 AiQl.M) Round lots. In export ele
vator No 2 red, spot and May. VI .IJl-ifp
l.SHij, No. a red Western, $1 88hl C114, No
1 Northern Duluth. I Olfnl 00
CORN. Receipts. 8000 bush Demand
wns slow and prices er He lower Uuota
tloi.s. Car lot., In export elevator -No. 8.
epot and May. 78',7l)c. Car lots for local
trade, ns to location No 2 yellow. SShQKIc. ,
steamer yellow 81'4fc82e ; No. 3 yellow, 79
80c , iNo 4 yellow. 7lltt78o
OATS Receipts, 18,074 bu.lu Prices de
clined lie with demand light. Huotutlous
No. 2 white, noikfiuic standard while, b)iip
UOc . No J white, SSV-jflSOc .........
HYK nominal. We quote at $1140110
per bush., as lo quality, In export elevator,
and at 1 03gl 10 for small lota of nearby
grain In bass .
l'LOUIL Receipts. 1800 bbls and. 1.079,-
7JU lb. in .acks. rticro was little trading ami
prices wera larsely nominal 1e quote ptr iJd
tin In wood: V inter, clear. 10 COyii W, do i,
traluht, 77.23. do., patent. Jl 12307 75
Kansas, itraltht. Jute aacka. 7 20B7 40. do .
patent, Jute ssclcs. $7 3087.75. -prlns. nrat.
clear. $7tr7 35 do., straljiht, 7.dS 7.50. do ,
patent, $7 B0i7 SO. do. favorite brands. IM
L ,r. Hv mllla. choteii and fancy Dalent. SSft
8 3, city mills, reuular grades Winter, cleur,
Id 0011H8V, do, straight, 7tl7.-3. do, patent,
$7 2K37 75
RYE 1'l.OUK was quiet but steady, under
mall supplies vvo nuoio nearoy ana vveBiviu
in wcod at $0,2330,50, as to quality
PROVISIONS
Tho market ruled steady, but trade
was quiet. Quotations City beef. In eels,
smoked and air-dried .'.VJfiiia, , Vvesteru beer,
In set., wnoked 2Si!:0c . cliy beef, knuckles
and tenders, smoked and air-drjed. 27a .'St ,
Western btef, knuckles and tender., smoked,
272lc., beef hams, 131632, pork, family.
$21.50822. haros. S P. cured, loose, 1381JV
do., uklnned, loose, 12WB12MC . do., do
smoked. UHirilc 1 Jother hams, amoked. city
cured, as to brand and average. UKQUc .
hams, smoked. Western cured, , la 14c : ").
belled, boneless, ti2Jc. , picnic eboulders. S
1. cured, loose. 104ftllc , do , smoked, 10!4U
lie. Ullle., In pickle, according to average
loose. llVit12c.l breakfast bacon, as to bland
and average, clly cured. It417c; breakfast
ESconT WMtsm T cured 10317c7; lard. V. e.tern
felnei. tierce.. 10Hllc; do . do . tub.. IWjfJ
lie,, lard, pure city, kettle rendered. In tierces,
lOUttlle. lard, purs city, kettle rendered, la
tub., lOfcfiUc.
DAIRY PRODUCTS
IlCTTEIt. Receipt, were moderate and
the market ruled .teady, with a. tulr demand.
L'uoiatlous. Western, fiesh. solld-packed cream
cry. tancy. specials. Sue : li.,ic . extra
nr.ts. 27c ar.t. 20c.; seconds. 21823c; ladle-
liukJd, mule.. W 7uamy,:n.n"'ti.J,r'-'?Tffl
fancy. 31c, averass extras. 30c. firsts. J7
2c . ..coniJs. 31B35C.. .garlicky. 21023c.: spe
cial fanc brands of prints Jobbing at 35SSSC
EGOS. Cboica stock sold promptly at firm
rrices. Quotations. In free ca.es. nearby, ex-,
tras. 23t iwr uos.. uaarby. rtrsl.. alji per
ilandard casa. nearby, current receipts, f& 70w
8 Ss ir csm, Wasicrn. extra, firms. J0.1B per
uw.'jo., ilrsts. $3 705 83 per la.e, Sourbern.
$5.108.40 pv.r case, fancy selected candled
freshegtts vvere Jobbed out at .'a 27c. per do.
CHEESE. bupplles were small and th
rnnVk.t ruled arm. vvlth demand fair Quota,
tlon. New York, full cream. iJwice ns JT
al7V! : uo.. (Jo fair to jojd, new, WHw
He , do., part skims. 613c
FRESH FRUITS
Strawberries and pineapples were more freely
offered and easuir, but uther kinds of fruit of
tine Quality vvere generally firm Quotations
Ai.pl.s7 New York" per bbL-Oreenlnr. 2 50a
3.50. Baldwin S2.50S4 Ren Davis. 28a 2f
REFINED SUGARS
Trade was quiet, but values were firmly held.
Wb quolo Standard granulated, 0 03c, fine
granulated, fk., powdered, U.10c, confectlonera'
A. 8.90c , oft graden, 51338,75.
POULTRY
IH r. Offerings of desirable stock were
light and vulues nf this deicrlptlon were well
maintained, with trade fair Quotations!
Fowls, 17WirlSc. roosters UHS12c. broiling
chickens, fane), weighing 1",02 lbs apiece,
i.3a38c, broiling chicken., weighing 114 lb.
apiece. qoaSSc; turkeys, 13815c, ducks, 13
lie, gecuo, lOullc , guineas, as to quality,
por pair, IOS70c, pigeons, old, per pair,
23itT30c , do, J on n if. per pair, 2223c.
l)Iti:SSi:i). The market ruled nrm under
smnll supplies nnd a. fair demand for de
slrablo. slock Quotations rresh-kllled fowls
i . "i.urj -picked and dry-packed, fanoy,
weisning 'uo lbs.
ue.
etlocted. lli'ic . do
apiece. 1815c , do , J
uplece, 1814c!
(lo., A b. apiece. ItittlTc : do., iind.i? A
lIUitfL , IUWI,
ice-packed. West-
toe , co., do
lbs apiece.
ern, 4 lbs and over apiece.
smaller sizes, lntnie. old roosters, drvi
picKeo, itlltc , squabv. white, weighing 11 to
12 lb. per doien, $.83tf4&u, white, weighing
IJ to 10 lb. per dozen, t-ViJfflSO do' do..
8 lb. per.doi.. .'.73tf2S8. do. oV ihl'
z, H'sjj.is, do do, ayflu. ih.. n.;
1 B01 BO ' dart. JLeoeilo. .man
per doz
uoi , puifi ou. aaru. si.co&l 60. small
.... uv. . W.,.tlt,
ty. 16618a : chlekcnii. ilrv.nlb- . .,.
packed. In boxes, mllk-fsd, 3ie3oo lb., to do.
v., w: u,ui turn, i nui, ioc; do. 43ZI47
b.. to doi., 18c: do. 48 Ibs.'to dos., 2do.f 3o.
M) lbs and over 21c : corn-fed. 314j 1?.'
to dor.. 10c , do , 43B47 lbs. to dos . rfl , io
48 lb. to do... lie. So.. UO lbs. and over 20?'!
ch ckenii. drv.nlr.il.! n,l rt!. AS .f I00"
Western, torn-fed. a lbs. and over,' 18c: d(
uu i lua . HUllc, oo ao , .! 1
Xk;2a,.f,W&.lm.l il"1.! bI?.. milk,
;--. .v.,. -, .v ,., ,u i UO,,
If! "Hi 00,,
ier., rnllk..d!
fancy, 23t(iu
ioe. io noz . 24ci CDm.riui I...
dos gsc, do., prime. 2530 lbs.' to doi "
turkeys, dry-picked and dry-packed fanev" it
t22c, fair to good, lStfSOo ; old torn. tuo.
Jfucks fancy In boxes lljl8e.; d' "floary
!00ddo..1jJ(25;ii!iyiVc. ch0,ce "" '"'' "
VEGETABLES
.v.Tfgd ,w ,r "" values ruled steady on
choice stock of moil descrlntlona. Quotations
White potatoes, n.r bushel-Peiinaylvanli. ii
5Jc, Maine. 48ii50c; New York ?; ?2
quality. S54Jc Whit, potatoes. WoribJ" p?
l)bl. So. 1 SI 8083.25. No. 2. 14 6064 Bwt
iwmtoes. Delaware per liamper LarVe II 25
1,73. modluni. 5(V.e$L Sweet potatoei Eiit.
ern Shore, pep bbl. No. 1. 1 1 2ia5 2s , rt.
$l.50ri.75 Sweets. Jer.Vy. dTt hbi LnS" V
J.l.754,75: No. 2. $23!60.' Sweets J.i. J'
per ba.ket. 75c.Cl 2V ObIoh chilli S;
crkte7-No7'i;i25b.nWJatxaTp.rc'uS,:
;ner-crat. No. 2. Opc.a$l, Tcabbaglcharliil
uer. craie. isua oo. do.. North r-.rV.nV.
,11. tMW pp,.a 1 l.4 ., T.. -
per "crate. 'L75i!2.
Ci
r .' m .i cav. ecious. cauliflower
Smith Parnllna m-- a , i .ft. i ..nw'
North Carolina, per ba.k.t" 782.Vu.23i do '
South Carolina, per basket. lfil 60 lieana:
Jlorida, wax. per basket. $15082 23, do!!
Florida green, nr basket. $U5AfM 60. PeasJ
per basket North Carolina. $1B1 50 South
Carqllna larxe. $150150 do!.mall. ts?
per box, 281 M.
""" ntn so.
Mav . .
July
October
December
January
March .
Yes close. Open.
... 1121 ...
. 1) 4 1 n 44
. .9 81 9 81
. 10 04 10 04
. . .1007 IOOO
. ...1030 1011 I
11
a.m.
0 18
0.74
10.00
11 30
a.m.
9,3?
0;7
9 07
10.02
1.30
pm
iVi'-f f
D.OM
10,03
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Jim ask.
Jim Rutler
MicNamsrn .. ..
Mldnay
Mupah Extension .
Montana
North Star
Tonopah lielmont .
Innopsh Hxtenslon
Tononsh Merger ...
Tonopah Mining ..
Rescue Kins, ..
.8-'
, 21
31
.1(1
a
13
.70
West Eni
GOLDFIDLD 8TOCKS.
Atlanta
Rlue Uull
nooin
UUI
c c
Comb Fraction ,..,. .09
Dlarrondneld II 0 02
Daisy . ,...,,,,., ,irv
Mlh (,,. ,3S
ulldog (n
O D 01
Florence
uoianeu ironsouaaiea
noldfleld Merger .....
Jumbo Extmslon .....
Kswanas ... .. ,
Oro
f-and Ken ,.
flllver ncK
MISCELLANEOUS.
Falrv Axteo . ..
Ktmberly .......
Nevada Hill
Nevada Wonder
, OR
. 07
, .00
., .02
1T0
Si
,0.1
n
I
,13H
,78
.3.1
.Ul
,1n
.01
04
.10
,04
07
.50,
,00
,os
.07
.04
,22
l.to
A Suitable
Investment Policy
Under present business condi
tions is outlined in a circular
we have just issued. This cir
cular includes also a descrip
tion of several securities
adapted to this policy.
(Trite or call for circular iVo f?2.
William P. Bonbright & Co., Inc.
MORRIS W. BTROUP, Jr.
Manager
7 CHESTNUT STREET
l'htladelphU
New York Uoston Detroit
London 1 William P llonbrltht & Co,
J-arist ponbrlght Co,
8t26 uEKiJ.
Cucumbers Fl
ant .Florida..
loriaa. per
97
OT
63H
other good eatiug varlatles. $2.2583 50. ined
Iubi. $191 W. apples. Western. pr box. 1162
apples. Delaware sad Pennsylvania, per bam
Per SOS76c lentous, per box $2 80el 5u
oranges Florida, per box. $2 2584 grapefruit
morbU PM box. $J.50W V Uneapptes per
t-PoW Riou, $1502 Florloa $1 SOf
ifSB aiiawberrl.s. AJrlh ci illoa per Qt
488c do Ncrfolii nt 47t no Mar
land. s.bj1 Eim.rn Slrara. per qt , OOlve-
Squash. Vlorids. per ba.V.t 182. Peppers'
Florida, per parrlir. 1233 Beit. Florida. r3r
100 bunches $2B do. Charleston ",r" VOO
bunehea. 1 14 S : Tomatoes Florida oer carrier
Fancy, $i 5082 75 vholce. $2fl2 2V cifiiv
Florida, per crate. 7So B$l. Asparagus? iTr
bunch lOtWOc. Mushrooms, per 4-Ib. baskVL
00 !$!
SPECIAL JIEETINO
A SPECIAL MEEIXNO OJT TUB
tockholders of tha 0uioUdted Ira
Mfg. Co. will ba held at the omc ot the
company, xasi uouine at., rruia.. ra., on
Uoudajr, Juna 7, 1819. at I Ma. lo vol 1
for or against the. lncra 01 tha indebted
ness of tbe company from nothing la Thirty
Thousand 1 1 30.0OO) dollar..
.tituua uiBun, e.crsiary,
First Mortgage Bonds
TAX PREE N PENNA.
INCOME TAX FREE
IVe offer a. listed, first mortgage
tjond, tq yield about
5
The oblieatlon. of a coranany oner
atlng tha olectrio light ami strt-t
railway propertlesj In e of tk
larecst ernes in PeongylTArtJn,
Write or phono for derails
WISTAR & STOKESl
Real Estate Tnwf BI.