,y..-m.JM-i,,nl-, !JCT,W)TO i.,J:-,ii.u.r......,.,!,:....J....i,i.i.,i,,i n.i u u 1 1 H.MM).- M-MMM
i;
- 12"- ' mvwwTva.S'6rtH-.PiTTT.Anii..fiA. BATTJBpAffi8 5" 1915-gi
i l
I
t
t
p
1
oil
(
LM
WL J &
i.
1 -l I
I FHM
' rW ajajsaaaiBaiBisBisw m
I wuuwb-mi- mM&m
BUSINESS" FEU, oFTTNDERROFlTTAKINGAiES BUT!1
MOTOR SHARES WERE
STRONG FEATURES
Prosperity in Automobile In
dustry Boosted Prices; Wcek
ly Bank Statement Good,
NEW YOIUf, Juno S.-Trndln on tho
Btok Exchange during the short session
todny was of n decidedly different char
acter than that ruling throughout yester
day. In that dealings fell oft perceptibly.
Demand wag very light and stocks were
In supply at concession In the early
trading, tho business being mostly of
n evening up character over the week
end and profit taking. There was no
pressure, however, and the lower level
was chiefly due to tho absence of buy
ing: orders. Ilefore the end support was
given and the closing waa generally
strong, some stocks exhibiting losses,
however.
While the Street In general still ro
. gar4d the victory of tho 8tecl Corpora
tion over the Government In the' anti
trust ault as a great forward step, many
were of the opinion that the decision had
been overplayed as a favorable market
factor In view of other conditions now
ruling, the principal thing being tho In
ternational situation. The Street saw un-
misiaitable signs of a clearing of tho
Bklea as far as tho difficulty wllh Ger
many Is concerned, convictions being
based to a great extent on the expression
of regret by the Kaiser's Government
for tho Gulfllght nnd dishing Incidents,
and a promise of reparation for tho tor
pedoing of the formor.
.iTlw.n,' to". a favorablo market factors
tn big foreign trade balance of this
country and the cheapness and abundanco
of money Is by no means being over
looked. Prosperity In the automobile Industry,
shown by tho Ford melon-cutting, made
VtMii u '" lno motor croup, with
nlllys-Ovrrlnnd ns tho leader, that Btock
Miowlng n gain or more than 10 points,
w,hll, General Motors moved up 6 points.
Bludobaker also showed a gain of over :i
points. These. Issues, with tho Coppers,
sustained the market In tho last few min
utes. The lattor were helped by tho ad
vance in tho price of the motal to 19)4
cents, and nn Inquiry for 100,000.000 pounds
of copper.
The heaviest trading occurred In Steel.
The first sales of that stock were 8000
shares at CO to Mxj, against C0 at tho
closo yesterday. After recovering some
of Its early loss tho stock hung slightly
below 60 throughout the day.
Tho weekly bank statement, which was
one day short bncauso ot tho holiday on
Monday, snjwed Increases In nil Items.
Actual loans were JT.BOS.uOO larger nnd
nvoragc loans advanced 12,010,000. Aver
age surplus moved up $6,3611,030 and actual,
2,936,810.
NEW YORK BANK STATEMENT
Big Gain In Reserves Loans Also
Expanded.
NEW YOKK, June 5. Increases wcro
hown In ull tho Items of today's bank
statement. Average loans expanded nearly
$13,WO,M0, while tho gain In resorvcj was
G,360.ft30 on the nvorage.
Total loans wcro 2,H0,2S;,M0, with net
demand depositr of $2,363,150,000 nnd tlmo
, deposits or 5133.W3.0O0. Tho excess reservo
was io5,tjj,iw. jjctalls follow:
Clearing House members, average:
Loan. . 'peresse.
Sepoalta M '" .".""" "
..I12.III0.U0O
.. i'J.'CO.OOO
.. S. 48(1.000
Tlma dopotlls ;.,
lleservcs
U.3CO.UIU
l-learlnc House member, actual:
Loans
l)epolt ....
Tlmi deposits
Jleierves
T,00S,000
u.:it:,ooo
1.SS4.000
I'.am.sio
BANK CLEARINGS DECLINE
Total Fell Off 14 Per Cent., as Com
pared With Last Year.
The volume of bank clearings through
tho clearing houses of tho country during
tho last weok were 3,212.4G8,53S, a de
crease of W31,538,S35, or 11 per cent, as
compar'ed with the same week last year
They were J204,83ti 437 above tho previous
week, however. Details follow:
iuio. ion. p o
fi.aai.un.sTJ i,iM,no(i.!8a -in i
JM.WmU 154 032 4113 -3.1 18
0,OI.I.6l 137.'l74:i70 -11.0
21. MI. I'll 33,70.1.331) 2T "
234.730.111 20O.23I 271 -ill'I
Ntw York ..
Hoi ton . . . .
Philadelphia .
llaltlmore ...
Chlcajo . ..
St. Louis ...
New Orleans.
u.i,in,IU 72,014,371 12 3
12,817,242 HlB&iicB -120
Seven cities.
5 dava
.2,180,333,(S02 12.645,303,102 -18.3
. 475,207,818 553.403,218 11.3
Other cities,
S days ,.
Tctal all cities.
All eUrts feM5'S'1M I3.!00,708.410 -17.0
1 "ly !.... 530,027,818 533,207,333 4.4
Total all cities "
for week , ,3,212,4i)8,038 $3.734,003,773 -14.0
Local Reserve Bank Statement
-fTm,nLVimMnt ?' 'S p'dl Reserve Hank
of Philadelphia for the week ending yester
day compares as follows: "
IlKSOUnCES.
Gold and rold etfs I17.1M.703
fLesal tender, illyer, to, 2,Se3,K18
tadltcounta and loans,. 1 (ll)t.ri.l
nveatments .... ,,.. i;729 125
Im. other, res. banks 2,480,481
Other sources 302,03!)
MarSS.
91H.Ktt.OI3
H,U'i.213
1.4II3.1.VI
2,7U2,B23
Totals
123,723,512 J20.44l.003
LIABILITIES.
Capital paid
1 Iskrvnalta
l 18,227.130
18.227,150
10,8J8,7i
3S3.127
Du to other 'Jio."bankY
...... 10,400,302
Totals 25, 723,512 28,4ll,0O3
BANK CLEARINGS
Bank clearings today compars with corrs.
ponding dy last wo jeara: corrs.
Phils 2s,5as,isa I24!s30,'ei JMaas'asa
Iloaton ..... 27.t0l7.74H 21S20 3flO Jt'utiuS
Msw York ..343.833,883 207,830,123 .,, ',,.,
RATES FOR SIONEY
Call
.,.,.,...,. 3K04
1 im
........... s
. . sv.nn
Philadelphia
Ksw York ..
Boston
(Thteaso
Cammcrciat usir. thr. tn .i mAn.
.rl.lhM iuafiViV i:-. " ".
Reserve Banks'
Discount Rates
Day.
aoer
.::'T
...
... 4
... 4
... 4
30 or ua or Over
PhUadslBbu ..
Nw Yerk
Bsaten
tea;
fit Bli ...1.
illnnslpolls ....
VJ
4
KBM City ..,..,,...,. 4
Ban PrancUoo .
wn
BP
Foreign Discount Rates
Bask of Eaglaad . . . ,
Bank of Frane
k of Qtmuir ...
S8fi of flltiin) ....
gask 0 Aus-rU ....
Sank of Jt
Bni of aiturhuid
Bask of Sui)
Bank o( Spain
Bnk ot fnuaal ...
,
i
S
. a
. s
ovpc XII. 1944
July SI tail
tapt 1. Ull
JB. 11, tSU
'. . IUU
Jan. i. 1811
Aajf. IS, 1I4
Aug 3D, UU
'ft?
ante or Hno . .
nk of IiBau.t k.
nk of N'ocway
,ik of Ktkriae.4
GOVERNMENT PONDS
Ask.
M
VU UO
4 4 5
K B 5
9 r
Bask DM of
. . '4tW. T. U14
a i- H
. . 3, racuAerva
ww ! JSBai..,.;
&- mLSLISS
1 'Jaiafe - 1 - -TriiTilr c..-. . UH tcdlu 111 ir. mJ fcrf "" " '
OJHD .r, .raTSri TirMSiiirjn ...... ... ,Ufli M I igjgza r, j ist -"
DH I gammX! f jj'gsigwgMgBggjpc , t Xl& wfi? m' TBWEBfe-a "S. -g
NEW YORK
Last close. Huh. Low. Close.
1 Alaska OoM Mlnw . .WJ :oj .'.
AW'-CramM, 10'f Itlli 10 10
AIHs-ChslmMfe pf ... .to AM 4Q 4QH
AmnlMmatedOap .... 7.1 i 75 72 74'l
Am Heel Sugar i. 48M -tSX 48 48
Am Oaa 4.H VM 411, 41M
AmCanrf 101 HKllf ICO 100
Am Hide A Leather ... H flij n) OH
AmllldcftL pf ...... 33 3)( 33 33
Am IccSceurltlej ...... 31 0H SOU 30M
Am I-ocomotlTa ....... 4SH 1S)4 48 4rtji
American Malt........ fifl5fl
Am Smelt Alia; 72"f 74 72i 7M
Am Smelt Her pf ...103W 100 100 100
AmSleel Foundries ... 31 31 32 3
AmSucar Ileflnlntt ...100'f 1U9H 10S 108
AmTcl&Tel 122), 123 122i I22H
Am Tobacco 225 22.5 22.1
Am Woolen pf 85 8S' 85
Anaconda Copper 35 .')) 3J
AtchTASK 101W 101 lul
Atlantic Coast Llna ...10? 105 105
llaMwIa t.oco fio'f fil fill
Baldwin Loco pf lOIJi 10.11 103M
Ilaltlmorc A Ohio
74
73)i
73Ji
Ilatopllaa Mining
Ilcthlebcm steel .
Ilcthlchcm Stool pf
. 1
I
1
147
114
8)i
ran
15
35
1
)48H
111
8!$
T7'
15!
147K -)
113 114
urookirn nap Iran
SOU
891J
17'i
15U
lutto& Superior 7(ll
Cat retrolcum )6M
Cat Petroleum pf ...... 3S
Canadian l'aclflo .155
C'tnlLtalhrt Co si-H
Cbes&Ohlo 40H
30
35
IUH M2H 153
it) 38)1
40W 40
47' 4fiM
UH UU
0H3 01
120W 120MS
rm
40
4?)l
Wi
01
120VJ
uDir.ouoppcr 40H
Chicago Oroat Wort ... 11 If
ChlMII8tl' 0154
Chi A Northwest 120
Chllt I & 1 ,.. 20)1
Colorado Fuot 41 30X
Comitock Tunnel 14
Corn Product! Itof .... 16Jf
Corn I'roducti Hcf pf . 7l
Cnidblo Slocl Co 30W
Crucible Steel prof 88VS
Cuban-Am Sucar pf ...100
Distillers' bccuilUiji ... 20
Elk. 27
KrlfiMpf 4m
KcdMlnASm 18
21H 20V 201
30,
14
16X
7M
30K
ma
101
201(
27
41H
17
30 30K
12 l.'N
un un
78 78
2UW 2'JH
mi
101
ion
10M
40
17
881f
101
20K
Mi
41U
17
43
103
FcdMlnASmpf 43
43
43
Ucnfral KIcctrlo 103H 101U l(-3!f
OcncralMotors 118
154 14S 152
OocdrlchllF Co 47
Goodrich 11 V Co pf ... KUJi
Otcat Northern pf ....UU
O t N cfs for oro prop . . .''4
Giifcenliclm Kipl'u ... G'JH
Inter-Met vot t c 2214
Jntcr-Mctpf 72. 'i
Inspiration Coppor .... 3IU
International Papar ... ioj
JlCasoCo pf cr r.... 70
47H 45'f 47H
ioiu ion ionr
)1S! 118H I181J
.vlX 3i( 34
Wi OVi 03U
22)f 22)f 22K
73 72X 72H
31J 31 311J
Wi lb 10f
74H 74M 74K
New York Bond Sales
Low i
$$
1V1
pit
IO!4
l!
12001) Amor Cot Oil 4Jit.... 11114s
iiM) Atlier Tel clt 4s 67?,
11W0 -lo cvt 414 102
3000 Armour Co 4'5 U2
ftO(.i Atihlaon cv 4a 10.13. . . !l4
5000 do c 4s 1WIO 101
2WU0 do cv 5s 11117 101
1000 Atlan Co Line 1st 4s. . Wi
KKiO Halt & Ohio :IK liUi
0(p0 do 4s S',
6WJI do cv ih &'
iHOOO Uetli" Steel rfd 5s 02
Soon llronk linn Tr 6s "IS.. loo
1000 Cent Leather 1st 5s... USft
100 Cent Pac 1st 4a "
IdiiO Cent 11 it N J res 5s..li:i4i
4000 Ches & O cv iVju -;
1000 Ches tt O 4Us 811
UOOO Chi n i Q joint 4s... WIS
loooo Chi 1KQ gen 4s 01U
1000 CM II f.- U 111 4 H.1U
loou C M & Ht I cv ,1 rct.lul'a
210011 C M tc St P cv 4"i. . . 117
juuu en it 1 .t i' us uii;
2000 Con lias cv 0s 1111
100O Cumberland Tel f 0il4
2UOO DfI A Hud rM 4a 47
1000 IJIa Secur Corp 4V5... SS
77000 Dl Hccur Corn 5 (12s.
6000 Du Pont Pond 4',Ss... M
500O Lrle conv Is Ser A.... 0.1
5000 Orctn Hay Ua 101
6000 Uen Elec deb 5s .... 70
2000 Hud Man rfd 6a 73!5
100(1 Iowa Central 4s 40
2000 Ilid Steel 6s 100 1
12000 Ina Cop cv tla 1 in 1
isuoo Ins cv ret 3d pd Os 'lu.l.iu
60UQ inter 11 Mot 4"a
.. TIM
.. UlU
2000 lnterb It T rof 6a.
WOO I.k Sh deb 4s 1D2H
2000 t k Hh ilcb 4a 10.10. . 00
60,10 I.k Hh dib 4s 1031.. 0.1j
6000 LlK & M T 5s 100
ltnoo l.urlllanl .la OUj;
3000 Mich Cent Ss 81'.
1000 Minn & 81 I. 4s 4H
WKK) Mo Pile 4s 41
1000 Mo Pacllle cons fls... 0UV4
7000 Mont Power 5s uoij
1000 N V Air nrako cvt Os 1)7(5
52.100 N Y C & Hud'Os ret. 103
34000 N Y C ft Hud 44s .. 8S
2UOO N Y N II & II cv 3Hn mi
IO0O N Y N II II Oa 110','i
1000 N Y Ont &. V lat 4s.. 70
2000 N Y Hwy adj 5a 505i
bOOO N Y Tol gen 4V4a 05H
2.Hsi Nor Puc prior 4a Ul
1000 do Ren :is lit
UOU Ore lty . W 4s M
low) Penna en 3a res 102
5000 do cv 3Ha iwtt
500 do .'Is at',
2H)0 do sen 4'is ct OS'H
U0J4
MR
800O do ct 4tis 10.1H
1) PCC & St I. 4Ws ser B mi'i
2000 Pub Serv N J 6a S7J-5
f.000 IteauliiK gen 4s ....02t
20(10 Hock Island 4s .... &2H
7000 Hock Island 5s 47
1000 StstoarU A I. sdj 5s. I'M
20OO South Hell 6s U7H
200O South Pac cv 4a ... 81s.
&10O0 do cv ret f p 3a 1031.. V.IK
20TO South Pac rfd 4a .... 80i;
7000 Texas Co cv Oa U"'i
MHW U S Realty 5a 75
13000 U S Itubbor fls 103
7001) U S Steel 3s 102H 1
1.100 Union Pacific 1st 4s.. ml
1000 Va Itwy ,1a 01
8000 Wabash 4s 21ti
1000 Wab Equ ct ta 4s .. 10".
loon West nloctrlc 6a lotti 1
SOfOO West K & M cv 5s ..102V, 1
.1000 Wot Shnro ieit 4s ... no
3000 West Union 4s .... 0H4
lOU
lOlrt
102
00
UIH
Total sales, $030,000, compared with (072,000
last Saturday; tbla week, (0,847,000; last week,
$0,818,000.
WAR MUNITION STOCKS
Bid. Asked.
Aetna Explosives
Aetna preferred
Atlas Powder common ........
AtlaS Powder preferred
Canadian Car and Foundry...
Canadian Explosives
Canadian Exploahes preferred
Colt Arms Co
Bu Pont Powder common
Du Pom Towder preferred....
E. W. Illlsa '
Hercules Powder common ...
Herculea Powder preferred ...
101 110
82
87
141
01
01
320
UK)
333
412
03 4
331
144
08
340
110
lii
0.1' 4
343
237
111
HUi
105 1!
173
1600
ion
International Nickel 1401;
jiiHTiuiiiuimi nitftei preierreQ.... iu
Sai Arms Co 103
Winchester AVma Co 1300
Ex-dlvldend 9.
LONDON STOCK MARKET
Trading Dull, With Price Changes
Narrow.
LONDON, June 5. While sentiment on
the Stock Exchange was cheerful today,
the customary week-enj conditions pre
vailed, price changes being narrow. The
American department was generally
strong and animated for a Saturday,
United State Steels showed the most
activity, Canadian Pacific waa dull under
continued poor earnings of the road.
Firmness prevailed In the gilt-edged sec
tion, but it lacked feature. A freah de
cline occurred In Argentine Halls, For
eigners lacked activity. Russians inclined
to sag. Irregularity marked tho tradlna
In Mlns and Oils.
London. N. Y.
iSaisr'f..?ppw
Salt '& Ohio .....,.'.
GiMauafiimB
Q4s A OtUe. ....... .
W feaVr'si".' .,'..'.'
BsMtftrtisnla .,..,..
tolth Wciijc '.'.'.' '..'.
Union PacUte
IJ 8 tHael
4 ra, equiy.
73 I
3Iay Municipal Bond Sales
galea of wuajalpel toait la tUa Uoltsd Statu
In M, aoconUiu tatte Flo4ictl Chrelcli?s
ftls ar include. Vll.7186 Hw TsjSiV.
For the ant ftm moottui
axsrvMaii'd 304.iHH.TO. u
I UUa year ttu uLs
Id th Lori tpcn diiij parlod
DIVIDENDS DECLAIIED
ES5viailPlwriE
MmsihiM Umt Bursw MMMt, rtulur ai
aq-
......... la
4fMl IDli, ..
i lwg 4- g
111 ii
STOCK SALES
Last clue. Hlsh, I-aw.
Kan City Soatherj . -ii Mi :0li
Uck Steel 47 404 45M
1-ehlgh Vnlly 143,'j '43J 143
MMttt4Mycr pf ...118H 118J 118H
Maivrell Motors 45 47) 45K
Mat Motors 1st pf !7 7i 87
MxMotors2d pf 38' :9U-38W
MStP&SSM 117M 117 110
Mnlcan 1'ftrolcum.... 74W 74 7314
MoKanATcias il'.i 12 12
MoKan&Tpf 31 30 3'l
Miami Copper 10M 10W iOH
Mlfsourl Tacirie 11 MH '0'
National Biscuit 118 118 118
NatLead 65f 05 04
Nevada Con Copper... 6J 10 16J(
New York Air Braka... bU 89 b9
NYN1I&1I i,5 (fi! IVS
New York Central ,7!f !-7!( Wi
NYCMAStl. 31M 31 31
North American 744 "4)4 4l4
Norlliern IMciiii- .((! ao'f 110 i
NatItyofM2d pf.... 7H 71$ 7H
Hit
118
04)1
10
89
'5k
9'iH
31
.44
HOK
7M
225
S5!j
SOlf
101
105
50
10Ji
Onlarlo Sllrcr M 3' 4 4
rtcll.tMall 25 :0 10
Pennsylvania 107 l,7f 107
l'lltsburirh coal ... J3' "3 2'f
P C O & St L pref 08)4 08J4
PrcstcUbteoioat . 48 -iij 1-i
HybleelSprln? 32H 3J 3IM
Hay Con Copper :4' 24 H r44
Heading 14514 140 Ublt
llfp Iron & Steel 10)4 29,'f 2b14
Hep Iron 4 Steal p.' .... b5 0 IC.U
HumclyMCo 4!4 4H 4M
4
20
107
?:i
08J4
47)4
3114
24N
l0
:84
10
4)4
3i
biLouls&SF AH 414 4)4 4)4
MLoulsASF2dpf ... 514 5)4 5 5
ttulbem 1'aciac 0J 81)4 f0)4 8)1
touthcrnlty I7)f 17 1 Vi 10)4
hludebakerCo 08 71)4 08)4 71)4
Tennessee Coppor 35 .6)4 34)4 JC
'IhlrdAvenua 52 52i 52 52)4
Union Ua 4 Paper.... OH Oii OH 0)
UnlonPaclflc .128!! 128 127)1 127
UblndAlcohol 43 42 41! 42
United Itjs Invest J74 17 17 17
United It)S Invest pf... .4 :'3 :i.' 33
Uoltubber G51 6j 01)4 154
t failed r,iH 00'( 59)4 o'JH
UbSteclpf Ill i ill4 11 )4 1104
USEiprcss C3H 05 6; 03
0
OS) 4
31
U7
)1
!1
05
0
Utahioppor iU.' 0W(
aLaroC'hcm .'Il'i 3
aCaroChempf 07 97
Uabash 4 U
VaLashpf 4 H
Wells Kareo Exp 07 0514
uslcm Ut.ion l'el 08 0714
09M
31
97
ii
ii
05
07
V04
Vi tstlnehouvi ivicclrl i. . 17 wi
1 0)1
Willys Overland 12 Of 1314 121 13UH
Wllh s Overland pf 09 102X 102)4 1U2J1
Cents pcr.hnrf.
Total sules, ;O.V1flO share, compared with
11!,t)00 shares last Saturdav, this neck, 2,33.1,
MX) .hurts, last week, l,!C91i0 shares.
Local Half -hourly Sales
10 (o 10:30 A.
5 Un Cos .V J. 222 10il V
1.1 Union Trao . :LI1! "1
M.
S Steel.
do
do
do
do
Cramp
... CO
... 00
... CO
... 00
... 00
t c 4'l
100 Tonopnh Mln. 7U 200
200 U S Steel.... CO
10
100 do 00
10 do t0
100 W Cramp t c 42
2.1 do 42
3 U S Stool.... 00
200 do 00
15 W CrnmD t c 42
20
7.1 W
60
uo.
41
100 Cambria Steel 47'
el 47
.. hot;
53 7-lrt
i do
iuu u M.meei.... w1,
10 Penna .... 53 7-lrt
-0 do 42 0 do 5.U,
30 Pcnna .... 53 0-10 100 U S Steel.... Bli'4
10 U S Steel.... 1,0 100 do B')tt
200 do (,0U 100 Union Trno.. 3.1V.
10 P It T t C... .St. 10 Itnlrltvln t nrn .-.I
u icnno ullP-lll 10 AlnnlK Cop
300 do......... KJlj 200 U S Steel.
3 U S Ntr.n . IUI "un ..
..n ,. ' . . 1 " r '. --"vv. ...
20 do 11014 100 do
A .. .cIol: CW 00 do
10 P It T t C... 0 100 do
3o:
BOK
r.nf:
do.
in it a c.i ,..ii, .i. ... . ..'"
OW
oil
10
do.
JO do uot., i(K) acn Asphalt. 2J'i
50 W Crnmp t c 42"j 10 P It T t c... 0
20 Cambria Steel 48 02 Nor Cent .... 81
100 U 8 Steel.... l.Oi 2.1 U 8 Steel.... TO
9 do mm iw,. do BDT4
Tn '?nSa V2' "l0 lMk0 8uP Cor 8
100 W Crnmp t o 41 20 U S Steel 00
O dO Jfl lim rin 11(1
loo ijike sup cor h 10 do!!!!!!!!! oo
.W UO M
50 u a. S pf t c. 40
200 Atchlron
80 Penna .
10HJ 40 P II T t C.
"ft
BONDS.
1000 Amer fins & Blectrlc 5s
'JUOO City aus 10.12 ;..
onn?, i-'J.1b!!la,,S!(fel ,crP Ma' ion...
2000 Lehigh Valley Coal 5s
U3
. 07
im?.
10:30 to 11 A. M.
100 w Cramp t
100 Union Trae
! 41
10 Am Can .... 42
2 U 8 Steel pf.HOVi
10 U 8 Steel.... 5ii
:io do ,ioiS
1011 do 60S
1 do 50i
50 Lake Sup Cor S
S.I Penna sju
10 U S Steel.... 5UTi
20 W Cramp t c 43
1 do 331,
25 Penna fvitt
500 U S Steel.... 00
100 do to
20 do no
40O do r,9',l
5 U O I 821?
23 W Cramp t c 41
DONDS.
100 City 4s 1041
1SS!I piultable III Oas 5s
3000 Lehish Valley Tr ref 5s ....
?il! i;nna Een tp ctfs 4Ws
1000 Heading gen 4s .........!!!
2000 Reading sen 4a .... .
11 to 11:30 A. M.
In &rm.a Vlii 20 U S Steel.... 501;
' ? S Crm1 '. 4V 10 do. ..... . 60
1 V,en Asphalt. 27 10 do ...Iilj
iffi U l'8,e" Z ' '-ke Sup Cor s"1
"V . 'J? &u)l 'OO do. ....... 8 1-10
in ii a r5.mp. ' c i'$ 10 U 8 Itubber. 0I(S
10 U S Steel.... 5D 1( u S Steel.... M)
ln" Jo; MS 100 do (,0
100 US Steel.... 6n 100 do TOli
5 War Ir & St. 0 200 Tonopnh P-el. 41?
Ilfnna M'4 100 Anaconda .. 3.11?
so do"!".!.!.!!r 1 renna M
no.Nna.
5fKM ihlBh Valley Coal 5s ini
-ooo Lettish Valley Coal 5a
101
11:30 A. M. to 12 M.
7 Tonopah Mln. 7tt J5 Union Trae.
3 Penna Mn.lit 10 r ... v...
n ij; j s b. . 4su mo u a steei::::
Tot,.!.?! 10E,dV6
601
10 U S Steel. .7 I)S in ". "" lii
i j " ...7 ? ",....... UL'
w uu dujm ;io p it t t c u
.f'!' '" $ SOPenna ....63 7-10
J'W . do 50U 50 V cramp t c 4"
'is iinrBndpaf t-i 5o,J 15 Lk sup cor8i:ia
itrtvna
100 Amer Oas & Ulectrio 5a
34 Cambria Steel scrip May 1017
51)00 IxhlBh Valley Tra ref SaT.'; !!
.'J.iiJ Kenn en 'p " -h
1C00 Penna gen tp ctfB 4H
1000 Ilyidlng Jersey Central 4s
.. S.1U
... 07;
... 87
.. OM,
.. oil,
PHILADELPHIA MARKETS
GRAIN AND FLOUR
VIIEAT. Receipts, 109,254 bush. Tha
market a quiet and prices further declined
If. Quotations: Car lota, In export elovator-
.' ,2..redl "P0' anl June. $1.3581.331 No. 2
re1 Western, spot. $1.401.41, Ko. 1 North
ern Duluth, $l,4U8l.5J. "w
COItN-necelpte, 15,701 bush. Demand
waa light and prices were, He. lower. Quo
tatlona: Car lota. In export elevator-No a
spot and June, 74V47S(4c: ear lots for looai
!rad. " S, location, 8im82c ; .learner yet'
40yno577c,NO 3 '""" 7879c'i Wi-
OATS Receipt.. J10.478 bush. Tha mar
ket was unanttled and lfcc. lower, with de.
mand slow, quotations. No, 2 whit.. 500
Illiw'Hc!3" Wh,t' MMV'c'i No- a whl'
UYE nominal. We quote at II 10B1.1J
per buah.. as to quality, In export elevator,
and at $1.01.08 for small lots of nearby
grain In baga. ' '
FLOUII. Receipts, USS.bbls. and 557.180
Iba, In sack. Trade was .low and the market
was largely nominal. Following are the quo.
tatioa. per HW lbs. n wo )1 -Winter, clear"
fifVnJS'S1-?'' K. stralrtt. luU lacks.
Jii08-; do., patent, luteaicks. $8.30j
.tralgkt, le.U0a.73. doj patent, $8.73i8T 10
da., favorite brands, $7 2567 SO: illy mills,
cholc and tancy tateat. $7.25B7.H: city mills,
regular cradM-IVlnUr, cer, ii.iiao.fi); doH
tiIUt, $a.304 75. do., patent. $877Jtjf.S37
KYK FLOt'It waa quiet but steady under
nwJerate oJTrlB. We quote nearby aad West
40. lo wood, at $a.5U, as to quality.
REFINED SUGARS
TV aiarMt wa quia but Dnu. Wi
arm Wm m.
resuur ut price: siMiUrd sranulitd
ok., extra no gruuuted. 0,10c : pow4rl
FRESH FRUITS
The geurai oaark.t u quiet d4 without
zznsrLTZgr .srrs 5?"t. - y
1tI.
$305 Bee DjvLj,
other 1004 ealiiut IU. $J.2S3.M ma
dluoa. JSI.23rTo JTin, fwlii"' iia?
-w . v -, m hi
r cu jruuitaut. per haoir7r
leneaa. out hoi. JoA So nt:!.'
Ber 4wx ft W3 50 (rajMfruit ftar-
iiarfc J?!: 1; Ctarru.,
S trawWni'-li o.r , .
ljjn,.r?. MaVLuiJ 4.j
SaJk kber. Nth
1t. c., !i - iaife. - M
...r--. m a M cd
i m- ..sjp.
FUwiila,
.iii '
1
TRADERS INCUMK
TO TAKE PROFITS
close.
-'!
4 H
143
118K
40H
87'f
39J
110
74Jf
Moderate Recessions in Grntnp
Shipbuilding and Baldwin
Locomotive Shares. ,'
12
30
20M
There was a decided let-up In activity
on the Philadelphia Stock Bxchango to
.i.. i.viJov'. nmn-nrka did not alto
gether meet with tho npprovol of the
mora conservative element on the street
and the result was an Inclination to take
profits rather than carry speculate
commitments over the week end. United
States Steel continued to dominate the
dealings In so far as volume of sales
was concerned. A drop of n point in
tinM.uin t.nrnmnllvo occurred nt the
opening nnd a similar decline was estab
lished In Cramp Shipbuilding, but the
latter quickly rallied ngnln fclecwhero
pileo movements wero of the narrowest
description. New York houses were buy
ers of Lake Superior on the familiar war
order theory.
In tho flnnl denlliigs prices rallied all
around, nldcd by the recovery in new
York. Keystone Telephone rose a point
and Cambria Steel scored n iracuunni u
vntiee In svmnathy wltn unuca
States
Steel. Cramp shares
Inst night's quotation,
moved up nbovo
but Just at tno
closo the prlco fell
back to tho low of
ihn Anv 42. nn ndd lot offerings.
Union Traction developed an ndvanclns
tendency and Hnpld Transit also strength
ened The buylnu- orders may have emtio
ns n result of tho Orand Jury's criticism
of tho Irresponsible manner ,ln which
Jllncys nro allowed to operate In this city
and the recommendation that some sort
of supervision be exercised over them by
the authorities.
Pennsylvania Steel preferred made no
response to Norfolk nnd Western's order
for 2fJO0 tons of steel rails, nnd Cambria
Steel, after n slight advance, onscd off
below Inst nights close. Hope that an
early combination of theso two compnnles
mlpht bo cITected was dampened by tho
expectation thnt tho Government would
carry the United Htatcs Steel enso up to
tho Supremo Court, which would mean
a considerable further delay. Actual
shipping orders booked by tho steel mills
were heavier In May than In April and
slightly heavier production has resulted,
averaging n trifle nbovo 75 per cent, of
capacity. Very little of tho steel repre
sented In recent car orders has actually
been specified for mill rolling, so that a
further Incrcnso In production Is In pros
pect. In many quarters It Is expected
that by August tho steel mills will bo
operating at ns great a rate as tho labor
supply will permit.
HARDING EXPLAINS
ROCK ISLAND AFFAIRS
Contends That His Campaign
for a Receiver Was Intended
for "Good of Property."
WASHINGTON, June B.-J. Horace
Hording, of C. D. Barney & Co., who led
tho fight nt tho Hock Island Railroad's
April election ngalnst tho Nathan
Amster directorship candidates, was the
first witness today at the Interstate Com
merce Commission's Inquiry Into tho
company's llnnnclnl affairs. Harding
contended that his campaign for a re
ceiver for the road was Intended for "tho
good of tho property." Samuel Unter
mycr, who questioned him, sought to
show the contrary that ho had Interested
motives.
By impairing tho Hock Island's credit
tho directors' light In April, Hording
said, In his opinion hastened the line's
Insolvency. Ho could not explain why,
facing Insolvency, most of the time It
paid J3,0O0,O0O to $3,000,000 In dividends
In 12 vaars.
He considered shares at 21 as at pres
ent much above the normal, ho asserted,
but was unable to say why they were
selling at 33 threo days before the receiv
ershipprobably, ho added, It was be
causo of Mr. Amster's ontlmlstln nnt-
ments.
"Was the bidding up of tho stock
Just before the market close each day
prior to the receivership an attempt at
manipulating?" the witness was asked.
His answer was that he believed It to
havo been merely mistaken speculation.
In the past four years, he asserted,
the Increasing cost of labor and material
and higher taxation had been a tremen
dous strain even on roads In first class
condition. If tho Rock Island had passed
some of Its dividends, he said, he thought
It might have helped.
Mr. Untermyer grilled Mr. Harding se
verely, but the latter proved nn excellent
witness and never seemed In tho least
disconcerted.
Mr. Amster, tho next witness, said he)
Invested In tho Rock Island on the
strength of glowing accounts of It, was
dissatisfied later with its management,
and, through his activity. Involuntarily
became leader of stockholders who
thought as he did.
PROVISIONS
The market
ruled steady, but quiet. The
the nunlfillnni r..u t.aa .
joiioning are
ei,
., " j --; , ,-ttv ..' r.. w., ,,
J.L7 ","'v""r,u "" air-anea, iiff.'oc. : western
teef. In sets, .moked, 232Uc:r city beef
knuckles and tenders. imeLl and ir-aiilV
ZtXivi1 .'ZT" Hee,i knuckles and tendera;
emokeJ. 2782S". beef hamsL $31832; pork!
?1 'f,; r"H"'5A: nara- B- - cured l
U01Jiic.i do., skinned, loose. 12l1214c! d"!
iui c,',ed' !"is': other baSi.amolTed
city cured, as to, brand and average. lSiUlc.i
ham. smoked. Western cured, 13KS14?. do'
Jjolled, boneles.. 22Mc.i Plenla .hSulders. S
iuSutiiiii00'V lvllc'; smoke4. 11
lWc. belles. In. pickle, accordlnit to aftriif
11
loose, UHfJUc:
wv, ..7IW..W-. i ureaKiasi oacon.
ureaxtasi bacon, aa to brand
""'!? cy eured. Il7c.i breakfast
bacon. Western cured. l&siTe.. lLni iKJ,."
1M.CUJ1,
rehnad,
ui tierce, or tuba. 10;llc. laVn
vu.n wi.y, MBitia natrei. fn I .... .... .
lofi&ifc? ' PUr" cUr' keu, "olVredTin tiffi?
POULTRY
Plieon.: youni-"ir ST,V. &J?" &
DHKS8EU. fJholce .tnTw" ...
well cleaned
BIOCU wna ........
uo t f..n :..- "
tattoo.: .. Freak-killed .'it",uS.. S?
40c. Wernwlihlag lffi.U2JjJ&
fed to 4i Ihk-S, S NVuo4:.,if.j fllk
47 lbs.
la flAX IBy li. i ' .,TI. I
43 to
2Uc . mllk-ted.
Tr. .". " UIUK'IMI. M lha
to doi..
fed. iBj.TW.;W. WMtsrn, corn
tt. a iu en4 .. n n . --nwaaa
Iba is4c.i W-F- "TP. . ". ."3,
... ? WU-tni. XiSmJL irts
Fey,
"li3rS'n9 j pckd
-JHTK M (WM, AlWt.
14
rS FINANCIAL BRIEFS
Tho Chicago Board of Trade will Be
closed on Monday, Judicial election day.
Bids will bo received until Juno ttby
Trenton, N. J., for HU9? 10-year K;
000 30-year and $20,000 20-year U4 per cent,
bonds. ,
According to Brndstrcot'fl speeding up
Is Ihe nil? in Industrial lines, nnd war
orders, taken on close to n cash basis, tax
the capacity of many plants, spread jc
tlvlty to other lines, make for competi
tive bidding for skilled labor; hence tin
employment is steadily .decreasing. All
In nil, business for future delivery Is
growing steadily, though perhaps slowly,
"i .i , ninrx It Is ahead of last
year, when trends In general wcro down
ward. Frederick T. Chandler and rtlchard T.
Cook ore In New England.
The Eastern Steamship Company shows
a dellclt of $71,720 for April, against a
deficit of $113,218 a year ago.
Commercial failures In the United
iiikim nils week numbered H48, ngalnsl
3S.G last week, 430 In the preceding week
and 318 In the Hko week of 1911.
Exports of copper from Atlantic ports
for tho week ended June 30, 1915, totaled
3761 tons; since June 1, 3725 tons, nnd for
the same period Inst year 7523 tons.
Thero Is nn Inquiry In tho market for
100,000,000 pounds of copper, probably In
connection with war orders.
Tho gross earnings of 36 railroads for
tho third week of May were 10,737,012;
decrease, $991,631.
Tho Protective Committed for tho Wes
tern 1'nciflc Railway first mortgngo 5
per cent, bonds announces extension of
tlmo In whl:n bonds can bo deposited
under tho dpjslt agreement to and In
cluding Juno 26, 1915.
C. D. Barney &
United States Steel.
Co. wero sellers of
Sales in Philadelphia
Yeat. clone. High. Low. Close,
10 Amol coppr
iu Am can
SOO Annpondn 35
200 Atchison 101
10 Hald Loco 52
0.1 Uuf & Sua pr t c 40V4
li'j t nm aieei
11 dec Stor 01
101 Gen AsDhalt
15 Key Tol 14
600 Lake Sup Corp. 8
12 Loh Nav 7d
K North Central.. 84
875 Per.tin II II 5.1H
100 Phlla It T tr cf. SH
2ii0 Ton Del
107 Ton Mln
10 U S Rubber....
231 Un Tine
Ill O 1
5 Un Cos N J.... :
4011 U S Steel
2 do prof
5 Warwick 1 & S.
w I Rna.h. . 40W 48 4 4S14 41"
74.1 Cramn & Sons. . 4.1 43',4 42 JJ
Titnl snles 0213 shares, compared with 21),
023 shares yesterday; for week b0,250 shares.
TjOKDS.
Ijist nrev.snlo. HlKh. Low. Close.
1500 Am Oaa & K 5a. S0V4 811 8.1'i MJi
.17 C S sen aiay if. ui wns
2000 City 0(4a 1032.. 0'l"4 0.1Ji
100 City 4s 104.1.... lOl'.s 101'i
10(10 Eq III Oaa 5 .,, 03
PWiO I. V Coal 3s....ll!4 104
500O I, v Tr ref 5s.. 87 87
18000 Pa Co g 4V4a t c OSU OSJ4
4000 Heading gen 4s. 021J WJ4
1000 nde J Cent 4s. . P.1K 03B
07
U7
03H
101S
idoVj
101
87
USH
iwh
wllh
1UI
105
1 iru
sol
OS
02
03H
Total eales bonds $41,237. compared
$100,015 jesterday; for week $311,537.
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Bid. Aak.
Jim Butler
MacNnmara
Midway
Mlrpah Intension .
Montana
North Star
Tonopah Belmont ..
Tonopah Extension
.71
70
.04
.18
.20
.3.-I
.17
A1
3,s
.311
:ih
.83
.34
.0(1
.57
.01
.00
.12
.10
.2.1
.MO
.10
"!
Hi
.3S
7
.11
.80
Tonopan Jic-uer
lononnn .-iiinuu
ilnB
Rescue Eula
West una
GOLDFIBLD STOCKS.
Atlanta !
niue Bull OS
Booth 50
nulldog u
u u IJ
Combination Fraction
Dlanondfleld B B....
Daisy
Florence
(loldneld Consolidated
Ooldfleld Meiirer ....
Jumho Kiteiislon ...
Kewanaa
.r5
.10
.02
.05
.50
1'..
.2.1
1.55
.15
.11
.07
.11
.04
.07
.53
y,,
l.tw
.17
.12
.OS
.12
.01
.07
.2.1
1.80
Oro
Sand Ken .
Silver Pick
MIS01TLI.ANSOUS.
Falrv Azteo ....
Klmherly
Novadu Hill ...
Nevada Wonder
. .02
. .0.1
, .20
, 1.75
RAILROAD EARNINGS
CANADIAN PACIFIC.
101,1. Inc.
Fourt week May $2.22J,000 $7.10,000
Month H.P'iH.OOO 2,537,0'X)
From July 1 88,420,103 '28,101,073
CHESAPEAKE AND OHIO.
Fourth week May . , .
Month
From July 1
MINNEAPOLIS
Fourth week May ...
Month
From July 1
S1.1SI.T21
SOO,707
371,815
1.50S.11S
3,4.10,110
35,740.804
AND ST. LOUIS,
.. $183,038 $6,205
700.500 .1 i:i!i
0.233.303 440,333
NORFOLK AND WESTERN.
April op. rev $3,750,184 $180,178
Net 014.431 17 477
Ten months' op. rev. .. 31,508,117 2,514,032
Net 7,003,270 '413,087
MISSOURI. KANSAS AND TEXAS.
Fourth week May $703,114 $3,088
Month 2,25.1,813 33 070
1'rom July 1 30,465,003 003,410
Dccfeaao.
DAIRY PRODUCTS
UUTTEIt. The usual Saturday quietude
prevailed In tbla market, but prices were" well
maintained on fancy stock, supplies of which
were well under control. Quotations: Weatern
solid-packed creamery, fancy specials, SOHc.i
extra, 28iic.: extra firsts, 28c.; firsts, 27c;
seconds, 28c.; nearby prints, fancy, 32c; aver
age extra, 30Jlc; flreta. 28820c; seconds,
nt,.? iSc,: JObb,n """ ot '
EGGS. Fine new-laid eggs were well
cleaned up at full figures, but much of the
supply was of more or less unattractive stock,
w.lcJ?w.a, '". wnted and Irregular In value.
quote: In free cases, nearby extras 24c
?.1?-! "."'. a-.15 W standard ciae; nearby
n J. 'a'is':v "" c?"i "'. "tra
u per ca.e
and.Sd",gg.' V7re 'j." PT SoV
Ma,j?j7a5!.m!" -w5? .''. but
Choice, new. lTaiTKrV, .Kfi1 yil.?fWn.
do., fair tor 16&. 'Srw. rSSTiil ".'"
Sr 'YSSfifS "'aneri OO.,
ssima,
8fii3c, ' ""' oo-. part
VEGETABLES
Potatoes ruled firm but quiet nth... ...
table, were In fair .upply and quiet at nuSff?
M.?f. tiT'Tw'Vo'Ii " S
lipJK&StnSgi: plr'bbl-18 ia
mtiB&&sBm
?y. per ba&.t. TfcaiiW-il ,".
5TST , . fe3KliS3:
IDhjirO Vnrti. j- li . . w
Sfic
obi,
uth
North &roltoi7TrS anTwax :tom&. K?S8e
U!-iJWiSt& fif
vol
box,
T5c,
CjOUUMrn bp
ton.tue, FlorlJa. pe;
If MAa'
W
aie. u 41
1'MSi
$1 TO
"Wi'frt l-r SudTjj
"-vao.wm. p.f
S-10 UaaiiBt, Sfit.tf
i.lii iili t"t '-
424 42 42 42..
337i aoji ao"
loUi loi'i wiVi
51 61 51
40 40 40
4S 47'i 48ti
n oiv ou ;;;
1!7! 27 27
an io jo
s 8 js,,
734 7Hi 73
S4 84 81
:a 53T,, us'h
0 85 V
n ri zTf
C3(J (VHi 0H Jfji
3.IH :w M Mii
82i N2. n, W?
221 222 222 222
00 00W 004 Bliji
111 lin' 11UV) HOW
(114 PH ll4 .VMl
j
. . IOSBMJC '
SlTSSSS
ner. ouevrsc - tun. .. V lV.-T' . aaa.
Carollnl HW SSa. "?-?: wsxet-8
, aVcSssiesirwwr x
il 50. sauaak. B1 d. Tt-e?r. ",
II , Ppp, inorida, per,ci7;ierVilLs?S''.,i
w UUUCBU
AEKET RALLIED
...I ........tArlv
Idend of 1 the Union Trust Company,
of ?Vew York, has declared U extra.
Pig Iron production In May J"""
to 2,aW,B66 tons, compared with W7.
-tons last year and w,,hUJ;B18 "!"
April. It wns larger than In any pre
ctdlng month since April, 1914, when tho
total was 2,261,6Q1 tons.
New York banks lost $571,000 lo the
Stibtreasury jesterday.
Approximately $22,000,000 of tho Missouri
Pnclfle 6 per cent, notes havo been de
posited for extension for erne year, and
there 1.4 nssurnnce of additional deposits.
. ,.111-h ... i,A reiriiiHr uuii.t.. '
Business In anthracite coal during the,
first week of June Is reported to have
been nlmost cqllnl to that In the cot re
sponding week of Inst year, but It did
not show any marked Improvement over
Mny and ontlhe whote was not very fnt
Isfactory from a producer's standpoint.
Tho number of Idle cars on the Pennsyl
vania system Is steadily decreasing. On
Mny 2S the totnl wns 61,432, against 78,245
April 1 and SC.033 Jnnunry 4.
The total production of Iron and steel
structural shnpes In 1014 amounted to
2,031,121 tons, compared with 3,001,972 In
1913, according to the statistics ,qf tho
American Iron and Steel Institute Of
tho 1911 total, 1,787,281 tons were heavy
shnpes and 243,813 light shapes. In 1913
there were 2,553,806 tons of heavy nnd
451,166 of light shapes.
Moro thnn 90 per cent, of the $40,CO0,OOX)
Wabash Rnllroad first refunding and ex
tension mortgngo bonds havo been de
posited under the terms of the Wabash
reorganization plnn announced April 13.
This Implies nssent to the plan on tho
part of tho holders. Announcement ns to
tho amount of common and preferred
stock deposited under the plan was with
held, but It wan said that oven these
deposits wcro satisfactory.
Local Bid and Asked
Baldwin
do pref
Uu
ft ft; SUBq t C.
iln
nref
Cam
i Steel
J. lee stornee
Uen Asphalt
oo nrr
Key Tel
do t c
do nref
Lake Sup Corp
Lehlch Nav ...
Lehigh Valley
LehlKh Villey
do pref
Pennsylvania
Phlla i:ilrlc
Phlla Co
ao 0 per cent.
pr. ..
ir. . .
do fl ner pent, nr
T.C.- V.--T. .'J
x'iiiju itapiq
Transit
no l
Heading
Tonopah llelmont
Tonopah Sllnlns
Union Traction .
U O I
York Hay
do pref
IV Cramps to..
NEW YORK CURB
Braden Copper
British-American Tobacco
British-American Tobacco
Goldlleld Consolidated
Grecno Canant-a
La Hose
Lehigh Valley C'l Sales .
Nlplsslng
Otis Ulovntor
Otis Rlevator pre!
Rlkor-llegrman
Sterline Gum
Tobacco Products
United Cigar Stores
United Cljtar Stores pref
United Profit Sharing now
World Film
Yukon Gold
Internal Revenue Receipts Larger
WASHINGTON. Juno 5. The Internal rere
nuo receipts during April were $20,101,104, an
lncreaso of $4,550,050, aa compared with the
same month of laat year. The amount of tax
collected on spirits showed a decrease of
$1.2S4,1S0, on tobacco a decrease of $103,830,
and on fermented liquors an increase of
$2,463,553.
The ngsregate receipts for the 10 months
ended April .to amounted to $287,052,022 or an
Increase of $23,:'l.'l,230 over tho corresponding
period of las; jcar. Tax en fermented llalora
bhoncd an increase of $0,082.44. and thla
coupled with the Income tax returns and tho
iccelpta under tho emergency revenue act of
October 22, 1014, accounted for the agerKata
Increase. wl
Seeks to Attach "Katy" Funds
NEW YORK. Juno 5. An attachment suit
was begun yesterday In the State courts
against the Missouri, Kansas and Texas Rail
way Company by John Davles. a Broadway
broker holding $10,000 of tho rallwaycom
pany's tuo-yeur notes, which wero due Hay
1. Tho action Is almllar to that started
. '?w ,d.a'a OK0 'y a dissatisfied noteholder
of the Missouri Pacific Railway. '"""""""
The Missouri. Kansas and Texas has out
standing about $10,000,000 of tho two-year
notes. A campaign was started early In the
year to get un extension of one ytar. and
the extension plan became operative shortly
before May 1, moro than IO per cent, of
the holders halnir denoslteri thir .... n.1.-
...or iiucito. un iiiu notes nepi
paid, but r,o proilslon -was made
notes deposited waa
-was made for non-
uepusuora.
Mexican Railways Default
NEW YORK, Juna 5. The followuia- atnte.
ment from the chairman of the DoirTot Nal
Jlonal Railways of Mexico, at Mexico has
been made regarding tho maturity of obllSa
tlons on June 1 last of $28,322,000.: 0D"Tn
.iC,J,w.l.nsv.,0 cnnuance of disturbed condl.
tlons In Mexico It has been Impossible fir the
mi,i?an.l maliS. anY "rrangementa for pay"
ment of thceo obligations at this time
"Operation of the propertlea la still' out of
Its hands, the company, therefore hi no
alternative but to ask lioldera of ih, abo?e
Obligations to await tho return to it of propt
crtles normally belonging to Its system nnd
restoration of peace to tho Mexican natlonw
that the Government and the company may be
subject."" tt P0Sl"n ,0 dUly d"' wttrfthl!
COPPER AT 19", CENTS
BOSTON. June 5.-One of the largest coDDer
selling intercata here sod a substiniiai ISni
?a?.0,Klec,rollc C0l""r a 1H cent, and
reports heavy sales of the meta? duVlng the
past week for home and export demand in
w.m9rk o''rolytlc copper was iifd at low
and I0!i cents a pound by big producers.
FOREIGN EXCHANGE
NEW YORK. June 5 -The foreign exchan.
market ruled steady with demand sterling off
fi(Alllnv
Franca,
5.4144
3.43t4
Cables 4.T8U
Demand 4.T84J
Marks.
82
82,
I.lres.
5.02
6.02H
ZINC ORE AT RECORD PRICE
JOPL.IN. Mn T. Ru- .
tiv)P.r'i,0t zlae 0" ""i Joprinrdi,"icfno
', ,toi)v. L. t ".irici to
ThU is the. highest figure ever Daid fop .in.
ore and la $60
ton greater than a. nA...
sponaing aate
year ago. '
Record Steel Ingot Output
production of steel 1 htgotaTO oio ?n1 f'Sit.'i
NOTES OF THE RAIL
The Bush Terminal Company, of Brook
lyn and Boston, todav .. .. ,'v
state Ctommeive Commission for an In
ci-eased division of joint through rate
with the New York Central. XTniylvanut
and oituu terge railroad,. The twmmal
company auto, that It now KJ2 i
cents per hundrsd pounds. HmLs
cents per 100 poundsplu. 5 pep ct
One hundred and flfty.threa , n.
Principal steam rallroiS. "?rfS. & .
S utM earned during April, WU net onlf
atlug rev.nua of JM.S91.07t ha inu"l
state Commerce ComnjiMiQa todav "
nouncad. Tha in,.t rTT today an-
of these ro4a was $ll.7tg.iiw
revenues
and total
expeaaes, Staz.4s7.f74
Net
I
Today Yesterday
Bid. Asked. Bid. Aaked
61 5H4 50 51
102 105 102 100
13 14 12 IM
3014 40(1 30 40ti
47 48 47W 48
61W 52 51 OX
.. 27 27!i 27 S7J4
0.1 CO. 05 to
1414 10 14 -15
14W 1.1 14 15
U7i; 08 07W US
8il 7Ii! tS 7?
71'4 72 71J, 72V4
Tr i:ii4 14",i 13)1 144
285, 20 2SJ4 20
.VI?? Klti MK 535,
2.lfe 24 23?i 24
34 3.1 34',$ 35
34 31 34 33
30 40 SOU 40
8H OJi 8tZ 0
8'. pit 85 0
7271 72S 72U 73
4Vi 4;., 4(4 4
7 7'J 7 7Ji
XV,i 34 fW'l .T3i
S2i4 81 82V4 83
0V4 714 .0(4 7W
324 .. 32(4
41 42 42(4 43
Bid. Ask,
7(1 7M
old 15)4 IOH
new.... 10 nisi
1 7-10 t'4
32 34
::::;: ::iR5w io.iH
5 0
70 73)i
02 04
0.1 100
10.1 115
3',, 3
4'5
25i fli
mile was $297 In April,
tm la April, uu.
revemiA n.
1, eompared wltn
AT JHE CLOSE
PRICES LOWERS
SENTIMENT BEARISE
dlV -
Foreign Buying Below Exoec
Wons Argentine Expoff
M '
raae. on a .Large Scale.
IICAfJO, June 5. Wheat
opffl
Jofrer today, with foreign countries rt;
fc a wAItlner nttltmlA Th. . . ..i
o Q "' ,,a inarKetffal
e present Btngo is pass nir thm.,.
lA4!n,t nt rm,ttllntmA.r If .. . J
" -- .......... . a, ew C
bails. July wheat etarled with a W
a, at $U6W, nnd'suffered a. further!
to !Mh?. September wheat
decllni
friction
to $1.12Vi, nnd went
as lo
.. !..u
lAirther declines occurred In the
fc mtnutes of trading, July flnlshlnf
$1,1U, oft 2 cents, nnd September f.fi
doitn pi cents.
Tno movement of wheat In Argentine"
progressing tnpldly. The demand fi!8
port i'ado continues on a broad scalt'ii
sllglvO' reduct.d bids. ,jj
Krplrt sales of grain at the scaioJr!
were )0O,O0O bushels wheat, this btlnrS
low fUruro In view of tho extremely jlo
foreign demand. m
Sentiment of tho grain trade hag teldorj
been imoro beoilsh on wheat, corn ill
oats than tit present 'm
Foreign buying of tho new whcsiSJ
below expectations, nlthough wojS
bushels wore bought at tho seatjoiri
Thursday. Tho disposition of the trad
Is to sell on nil rallies, -jj
Clearances of grain for the week rS
lng todny are ns follows: Wheat, 43aoS
bushels; corn, 39,000 bushels, oats, fl'ocj
bushels, and Hour, 12,000 bnrrels.
Leading futures ranged aa followa: Cm
Tnfi
Wheat-
Open.
HlRh
Low Close,
July 1.1HU l.ldu,
September .. 1.12V4 1.12(4
fte
J 14 "1 141
1.10W 'l.lul
toni iiiew uenveryj
Julv
Ml
71V,
71H
72
40
141H
September
Oata
July
September
June
UrJ-
.lulr
September
Rlbs-
Julr ,
September
7A
47tl
... -17(1
.. 4tk
... t48t,
.. 0.82
40
41(4
f?
0.82
10.07
0.75
0.07
.10.75 9S01
tio.oo iaal
..10.07
...10.57
..10.85
10.57
10.87
10.52 10.52 lit Ml
10.85 10.82 tWg
17.00 '17.00 lt'3l
18.30 118.30 fltj
rorK
jilly 18.00
1S.02
IS. 40
ueptemuer ..JO 4U
(Bid. tAokcd.
"- LIVE STOCK QUOTATIONS
CHICAOO. June ,5. HOOS. BecelDts.
rnsrkot steady. MlxeJ an.l butehera, 7.j
H.uO'
bulk. :
CAT
Beeves'. ti.l.1f.40i cows and heifers, il.Ki
183 1 Texans. 0.nO'B8.40: calvta. ssaifT I
'SHEEP. Itocelpts. 2000; market stronir. KC
II.. a hh ll'..l.n tlttK Tt. I.H.h. m,f.. .
U.U HI1U ITH.HUl .'U...,, .Btl.UO, f llKtl.
1 NEW YORK COFFEE MARKET.-!
NEW YOnK, June B. Prices ruled itojr
t,t tho opening. .j
ClosInT auotntlons showed that the list nib.
talned u firm tone after a steady opeolai
jotai saica were u.ovai.
Today's
oDenlnir.
Today's Yesteroirt
April
... Oli.1dr7.00
... 7 007.03
nay ....
June ....
July . ..
August . .
September
Ut tober . ,
November
December
January .
February
March . . .
Bid.
...0.70
...B.70
.. fl.8OJJ0.S7
,..8 83
...0.85
,..0.83
... 0.057.00
NEW YORK BUTTER AND EGGS
NEW YOnK, Juno r..-BUTTER.-Mrtri
steady; receipts, 0110 packages, extra, SStt&t
higher norlnp, 2K20Hr. ; hlnte dairy, Vfj
ihlic.: imitation creamery, '4WiJC. :
EUOS. Market barely steady; receipts, U
400 cuacs; extra llrst, 21U22c . fresh piekerj
nenrhv xrhltes. 24(4'fi25o.. regular oacked:
mixed color, 21ff22Hc. gathered, neartf
browns, gatnered orowns, i')Ui2(4C., atonic
nearby browns, 2332 lc.
COTTON
NEW YOHK, Juno B. There was Uttb
doing In cotton today. The market wu
steady, with prices one to threo polnii
hlsher. Wall Street offered a little aid
traders furnished support. Tho weathei
generally was favorable, tha only pre
cipitation being scattered showers In til
extreme Southwest. Cables from Llvep
pool came about as had been expected,
with the market there stagnant. -j
Prices held steady to the close, fins!
figures showing gains of 2 to 4 points.
Yesterday's
close.
upon
0.47
0.S0
10 00
10.11
10.31
HlRh.
0 4S
1)83
10.08
10.14
10.38
Low. CI'
July
October. . .
December
January
Murch ..
Sot
, . 0.45
.. 0.S0
..10.0(1
..10.12
..10.31
. 0.75
U.4.1
0.73
10.02
10.0S
10.31
COTTON STATISTICS
NEW YORK, June B. The statistical foil
,tlon of cotton la as follows:
Thla week. Last week. Laityeu.
Mslblo supply.. 0,300,102 0,734,007 5,18Ull
ui wnicn Amer-
lean 4,710,152 4,015.087 2,001,U
Total In sight
June 4 14,306,001 14,483,350 14.315.lil
Weekly Wheat Shipments Decline )
Wheat shipments from the United Sum
and Canada tills weok decreased to the Inv
est weekly aggregate alnce August, totslWI
4,872,732 bushels, compared with 253,493 US
week, and 4,H02,lt3U a year ago. The. htavlHI
weea mis year was mat or January , wnen
exports were 10.113,12') bushela.
Outgoing wheat cargoes for 43 wu
amount to 375,180.028 bushels, compared wilt
37.63 1,020 tha previous year.
FOREIGN TRADE CHANCES .
Opportunities or .tmertcan buslnetJ sits j
tie Joreioii trade art )7lveu as followa tyff
Bureau 0 torsion and j9oijt(c Cemmtrfi
Department of Commerce, and further i'l
motion matt be obtained, bu corre3toif&
tivina the file number of the (nqulrp; 3
No. 17001. paint An American coneular efl'
cer In Honduras tranmlta a detailed repvt iw
atlve to an opportunity for the sale of l''
and the painting of brldgca In that cowJUf
A copy of the report may be had on appll;
tlon io the bureau or Its branch offices, w
No. 1J0U2, agricultural machinery, atc-s'
of the commercial agents of the Bureau ,
Fotelan and Domestic Commerce In Costal-?
transmits the name ot a man who detmjT
communicate with American manufacturers
exporters of complete linea of agricultural Ji
chlnery, Tho man states that be is '3
of some experience and will undertaxe Hl
onatrate tho machines to the natives of P
country. . jl3
No. 17003, portable houses An Americas m
aular officer In Greece desire, to receive ctw
logues, specifications and full Information .91
atlve to portable house., especially thojs H
may be used as Isolation hospitals. ,
No. 17001. lubricating oils, dynamo. m
An American conaular officer In Greece i
the name and addreas ot a firm In bit 6iag
which U In the market for lubrlctlnt
dynamo, and electrical supplies. Bank rM
encea are offered. . J
No. 17003, motion-picture fllms-A ba
officer that Pe de.lresto represent Aa.Sfi
pianufacturrs ot and brokers dealing WjSbJH
Ing.plcture alma He states that ns .6 E
iuau iu oiufia iiiiorras an aminvu
wnn tnts Duainess and Has aumcleni caijjyn
promote his enterprise. Correspondence ".
111 jvugusn, dui sspanian is preierreu.
No. 170W. flour An American conaular
cer In Greece reports that a firm la WfJ
trlct desires to extend its present vajw
tradt. relatlona with th United Statta. ,
firm Is now In the market for large Q.u"
v iiour. uanjc rsicrcnces are given.
lng., etc. The commercial attauhe ut IMJ
jjriiuiu ot commirce in 'eru reivr-;
inere j. a
rlasaufarfl
U.ll F.nn.. ...I la an.. ....ntl. ...r 1&94
oilskin clothlog. hats, mantis, and sisal ,
oars, mlnera' gloves, hardware, leather, J
r1f-ll-a anrl nhamlhald mv enaAlalrlt1 JUT!
t!aU, burUp, juto VU par las:.!
Uft. tl4cx ana UcfcU, mptoiooats, urj
hold furoLshlnsH. Dlumbrs' buodU S
and fltlU.au. ttc. Cataloaua and full ia
tlon roLntTt tn thiaa vai-intia HtlfS SftO4
sAt to tM commmlal auuhe ,T"
Iosum. etc.. khould cms in 11 nun ,PJf
tated if 30 or 90 daya credit terra
iero. , . .,.
pu. liuvet. iron anu ucci proaucto
An ABuncan Huuukt offKer u 'Jf
nnpia ttui. o ftvtaa. In his fil.lifLt XH
iliifAifl (ja Ollffha-t-ft ll-nn haJnn or Kll UI
4a-n vino In kAata uiI-m i u ( I J 4 1., 11 1 L-fifc '
i . esa 4UVCU, --' - jj
dow iclaaa. Iron ra. Duiin.a. -&1-j t-tw
Ky UOUIJ, rubber good An Ar"
kular officr tii Italy report tt
few tha a-ita uf iutbr got da f i f
GMl
MO
u ju-avi', t.l.vu i.u.,; rouRn rtfltT.
f 10: light, 57.SU87.75, pigs, $tf.2S67il
J7.507. 03. jb
n.i: Hi-ce nts. 100: marlcut .I....'
close. ctosu
0 OSfflt.OO B.KHM.W
7.0.l1f 7 0.1 7.no87.01
6.07(35.(10 5.0.165 0
O.70.80 8.77et7l
(1.711011.80 0.7eiM
0.70WO.SO .809.8l
6.70W0.80 asoSm
0.70I30.&O 6.8MtJl
0.8.1910.8.1 0 80$HN
0.SOWO.87 0.8.1661
B,IH)g0.0l 6.8;S.SJ
0.0.1H0.0.1 6 WJtl
awca aa aio .;., vuanwua,
rtpvnd
riacnii,
h Is og!!b
mam
-fc.s,- fT. r-jmm