LEAP
FEDERAL MINING
t,.a tinwi 20 Points.
Imports Now Above
00,000 Mar.
Utjk June U.-Oversnaiowing
tein the Btock market toaay
4k 01 la ,.!, (1rl hour of
'.SfTftue scoring a gain of SB
Hal i ,. ftf vesterday. aftor
lfl.d back 13 potnU an fast
Irtjpea Dfc , regained 8
'.,ft loss. Tho company's pro
! alio moved up, but only 8
. -iijv of which waa later
P" -th was by no means con
!i shorts, a"" evry'
'iR ?nf i o rnntlnuat on of
Idpftieu ii ... .mrt.rt vm-
pricea n --
ni dally custom tho war
e" .....j tn dominate the
ftiSu but there wm also more
jWlvttW; d .tandard shares.
Cbl railroad- and Steel com-
which moved higher. At the
5. there was nonv j,.u.. .in.
.;, mt - minoral throughout
i.t. Mid prices cased off. some lr
ag lUlowlng tho early gain. Buy-
!5.; were on a larger scaio man
kfSsM past on tho uplift.
p,f. :' o . :
PlHrttuiUon. optimistic utter
tSroIM from many sources that
PS., would acceao to Borao ui uur
iv V. ... .M.i tlum nnvn the WftV
P'.ffllcaWo settlement of tho dlf-
Q5& . nlan to assess homers or tne
K 5i Chicago, Rock Island and
3laid not depress that stock, and
Jit it moved a good-slxed fraction
S The new P'nn cairn xur mo iaio-
Jw in Initial $16,000,000. Stockholders
Jftj.,, the chief burden of the as
iJ ," ,i" ,.,... the, flmt nnrl r-
nu. ""'".nt bonds will not be
Stmder this plan. They will, how
basked to consent to the ellmlnn
3f the clause In the mortgage which
2i Ihe l.aulng of Junior securities.
".. . . trnm fill HOlirCHH SlnCS
Siof the year have Anally crossed
4MiMMfl mark. This waa done to-
rtea W,60O,00O more of tho yellow
rvi.T. mmfXvaA from nnnnrln. brlncr-
tha'taports up to $101,345,000 since
?. , rhA amAiinl. of sold received
t552,,.- .,. nlnon thn first of
SSt follows! Canada. $$75,420,000;
ru&KTMUOO: Japan, $8,876,000; London,
Sic00,000; Holand, $2,000,000. and
ANK CLEARINGS EXPAND
Seek's Total 1.3 Per Cent. Above
V Last Year.
Swi of checks through all the
firSr houses of tho United States dur-
BtSe hut week Increased $39,923,651 over
if line' week of lost year, or 1.3 per
MtTtln actual figures being $3,096,417,603,
Ijiiit1 $,036;533l'9. As compared with
bitMTloui week., however, mis weena
btlRfil. were si.v.wa, I oo oii.at.c.. ao-
Ob '. 1015. 1014. P. C.
MSTorit., 11,421,164.083 $l,S60,625,rMl 4.0
131.846,045
1M, 0.12,870
114,500.413 10.0
2,483,218 17.4
SB2 327.011 8.7
JJT,"i'lfX' T.X'k'
239.ca3.oii
li '.. IU.3C0.&74
nS.W8.CU3 7.7
10,425,091 4.1
ItiSl n.wu.iii
a title.
,:I(I!l....1014,2a9,0O4 $1,071,003,303 2.1
tltllf.
&ri.,..
6.M0,043 634,402,618 1.8
prci
elt-
ktl tan2.537,176,C07 $2,500,303,010 2.0
fttJUu.'!
gV... 530,270.608 050.125,830 2.0
SnSdC "
ij3tert$3,03a. 447,603 $3,058,623,840 1,3
K
m
Lxtl Heserve Bank Statement
TtTnllAwlnr Ib, thA atatmnt of the Fed.
oURiMrre Dank of Philadelphia at the
a.'tBlaBa jetterday, compared with
stmrlouj week:
Sygk
KESOURCB3.
V Tuna 11 T....K J
Ppl rold certlncates.$17,7D,385 $17,150,703
Wtaair, illVfr, tc. 2,840,044 2,.1G5,03S
Jctiatt and loana. . . 1,448,1144 1,604.215
te?st : 1,101,125 1,720.125
WJaftlir rerve
June 11.
",.! 2,BS0,233 2,480,401
jMgttM 502,403 302,058
wT.. .$26,831,575 $23,TJ2,512
Hi LIABILITIES.
tS2tt!tn $6,227,600 $6,227,160
"XtJU 20,423,075 10.40U..1U3
$20,651,575 $25,732,512
BANK CLEARINGS
fuklelMrfnara 4H. M . ...lit.
jsr diy jut two years:
. W"' IUI. IU1.J.
, 128,202,031 24,5S?.,WI 130,165.013
. . 97 TEA MtT oai AS jm AOHivn.
(.-.803.542.251 825,303,478 342,757,447
KATES FOR MONEY
Call.
3V4W1
l7iC2
3 ,
Time.
UreU paper, threa tn It mnnth. Phil!
S'HW per cent.
lMYe Banks Discount Rates
Dy
30 or SO or 60 or Over
gSg 4 4J4 6
S2$ 4 4 4 4W
ra&i...... a a Ait Ail
VU 4 4 4V4 8
3-.,... 4, A A K
'( 4 4V4 8 5
. A. A A1A RU
.... ""'" a : ;7? ?
mu ...v.: : : ; ; s
4 4 44 B
ao.. ::::a 2 jb
Foreign Discount Rates
Bank Date of
.!, '." ."c.na?.f:
tSS. "' S 2.i"
H511' ' 8 Dec. 23. 1014
Bffff 5., u .7. JSH
ki,: ..i. u u. 01, ivi
ln.'.,..rUni1 Sept. 10 1014
W&" 8 July ST lOll
J.,;i 5.. SP. WM
iwiHT- ? Jn. J. e
iJWj?.- , BVi Jan, 8.1014
nhrlanda .... b Auk. 20 1011
lOREIGN EXCHANGE
yl-'.r.'i''0 .tm for.ua exchancs
aSS' yranes, Marka. Lire.
"fifS 5-ff.H 8211-16 OM
L- 4.18 0.44H 82H 8.81
OYERNMENT BONDS
IMIal. p.y- '4
wpoa .."; gt
jffnibtnri,.,, 1Q0U ;,,,
ip coupon :! iSoS "::
"upon ' ' ""liftu ';"
AR SUPPLY STOCKS
' ar "
'- O. Ql
r: i"a n i
, FouRdry 64
gjg?,1 . HiS 840
"' tw(iwra .. iw iiw
""' romfiion" .''. IB iui
Ato co " . ; vSi law
'.BOO floU Crnn Pgo.Ja
IB u . . w
wwSL&Apai ,5iK:
MONAL
rat
fcBSMfl
4
bintl'
SU
W.'.'.
UloerKTj!
r r- ZZiZZLlL
ISPEL
NEW YORK
Hlh. Low. close.
?8 37H 37M
W mi 19
M) 62 62
77H 70M 77
4SM 49'f
l,, 44M 4GJi
103M 102H 103)1
oO) 68)1 60
J92w I0I 1Q3
4 48 48k
7W OK 7M
35 J 33H 36
31H 31 31
12H 11) 12
32 30H 32
WH 49)i 49.'
84 82) 83H
81 81 81
108M 107J 108M
122K 122( 122)(
63M 63M 63M
29) 29M 29M
88 83 88
0M OH OX
37)1 37 37H
102H 101 101K
101M 101 101k
00 685f 69)i
70J 70 70
71 71 71
JJ J"
169 107 107
120J 110 120H
92) 88) 88)
74 71), 72M
15) UH 16K
39)i 39)f a0)(
153k 162k 102k
41k 38k 41
39k 39k 39)i
47H 47k 47k
12 12 12
30k 30k 30k
02k 02k 02k
120)1 120 mu
Atlls-Chalm Mf till
AllU-Chalm Mf j pf., 52,4
Arnaleamatod Copper.. 7GK
AmDeetSutat 47S
AmCanpt .,, i02
AmCr&roundty.... co
Am Coal rroducts m7!
AmCottonOll 43 J
Am We nd Leather... mi
AmllldeALpt.,...,., ?
AmlrtSecutlUes 31
Am Linseed JJ
Am Linseed pf 30
AmLooomotlTa ro
Am Smelt &nef....... 011
AmBrneltARefpfB..' 81
AmSujatncnnetlos....iQ7U
AmTeiftTel loof?
Am Tel A Cable pf....'
aid wooien 29
Am Woolen pf ' em
Am Wrltln Paper pf...' g
Anaconda coppot 30
AtchlsonT&HF inn
AUhlsonT&SPpf....ioiu
Baldwin Locomollro.... 68)5
DaltlmoMA Ohio 701-4
BMtlmoro & Ohio pf. ... 70'u
Hatopllas Mlnini iu
Delhlehcm Steel 107
Bethlehem Steel pf m
Brooklyn lUpldTran.. 88!
Buttoft Superior 73U
California Petroleum... 16)(
California Petroleum pf. 30
Canadian Pacific 1K3W
Central Leather Co as)f
Chcsapeako A Ohio .... 3S!f
Chlno Copper 40K
Chicago Great Weal. ... 12
Chicago Great West pf . 30K
Chicago Mil A 8t P.... 02
Chicago Mil A St P pf. .125M
ChlcagoIUAP iou
Colorado Fuel A Iron... 31
Conutock Tunnel.... 15
Consolidated Oaj 127
Com Products Kof 10
Corn Products Refpf... 78W
Crucible Steel 31
CruclblaStoelpref.... 80
Cuban-Am Sugar 70H
Dlitlllera 6ccurltloj. .. . 22M
Erie 27
Erie 1st pf, 42
Federal Mln A Sra 40
Federal Mln A 8m pf. . . 00
General Chemical 219
General Electrlo 172H
General Motors ISOJi
General Motors pf lot
Goodrich U F Co 47J
Groat Northern pf liojf
Gt N cfs for ore prop. . . 3 OH
Guggenheim Eipln.... 04
Int Agricultural pf 20
IntHarrN 1 103
Inter-Met Tot t c 22H
Inter-Met pf 73
IntPaper 105
Inspiration Copper 32f
Kansas City Southern. 20H
Kansas City South pf . 68H
Krege, S.S. Co 133
Kresge, S. S, Co prof . . 106
Lack Steel 45)f
Lehigh Valley 14.1H
Lorlllard Co pref 1I3U
20k 10k 20k
32k 3lk 32
14 14 14
120k 126k 126k
10k lCk 10
70k 70k 70k
32k 31k 31k
00k 90k 00k
72 72 72
22k 22k 22k
27H 27k 27k
42 41k 42
00 46 61
05 01 03
215 215 216
173k 172k 172k
163 162 162
100k 100k 100k
48 47k 47k
110k 110k 110k
37k 30k 37
07k G4)i 00k
22 22 22
104k 103k 104
23 22k 22k
73k 73 73
10k 10k 10k
33k 32k 33
26k 20k 26k
58k 68k 68k
133 133 133
110 110 110
47k 40 47k
140 145k 145k
117k 117 117k
NEW YORK CURB
Bid. Ask.
7H 7'i
10 lu
1U Klfe
1 7-10 !to
Draden Copper
British-American Tobacco old ...
llrltlah-Amerlcan Tobacco new .,
Qoldfleld Consolidated
Greene Cahanea
La Ilose
Lehigh Valley CI Sales
Nlplstlng
Otis Elevator
Otis Elevator preferred
glker-ltegeraan preferred
terllng Gum
Tobacco Products
United Cigar Stores
United Cigar Stores preferred...
United Profit Sharing new ,
World Film
Yukon Gold
HO ,!(
U
..10O
.. OK'
.. 70
.. IM
:: 1
:: &
170
b
33)4
UU
10O
..105
115
3 1-10 3i
-S 2,
COTTON
NEW YOUK, June 12.-Cotton opened
steady this morning, two points lower to
three points higher. This was better
than had been looked for on the cable,
which came only two points higher,
whereas advances of 24 to 6 points had
been expected. There was no special
feature to the trading here.
The close waa quiet and rather heavy,
with about a two-point average decline.
Yesterday's
close. Open. High Low. Close.
July 0.5O 0.55 U.37 0.52 0 54
October 0.02 0.00 0.O4 O.0O 11.00
December ....10.111 10.22 10 22 10.17 10.17
January 10.23 10.20 10.21) 10.2J 10.23
March 10.47 10.50 10.50 10.48 10.48
Spot 0.7O 0.80
NEW YCSX COFFEE MARKET
NEW YORK, June 11. Steadiness character
ized coffee futures today. Closing figures vera
unchanged to 5 polnta above the flnal yes
terday. Dealings continued on a small scale.
Prices follow:
'iooay-a nose. xes. close
April ......
May
June
July
August
September .
October
November .
December ...
January .
February . .
March
Total eales
i.'j-iipi.iH t.vmt ui
7.12S7.14 7.0SB7.liil
8 835 00 8.80fi5 s
. o.RiVfjfl.u7 ii.nofift.oa
B.8.V80.87 0.81fln.vl
8250 bags.
DIVIDENDS DECLARED
nrunawUk-Balke-Collender Company, regular
quarterly 14 Per cent, on preferred, payable
July 1 to stock sf record June 10.
SuHberger & Sons Co., regular quarterly 1.
per cent, on preferred, payable July 1 to stock
"Chicago. Indianapolis and Louisville, regular
semiannual 2 per cent, on preferred, payable
June 28 to ntock of record June 18.
JBinKor Railway, and Electric Company,
regular quarterly Hi per cent, on preferred,
lovable July 1 to stock of record June lu.
Amerlcon Power ond Light Company, reg
ultr quarterly 1H per cent, on preferred, pay
able July 1 to atock of record June 22.
8,SB.K7 fl.82fl.H.l
O 87f!0.8S H.84S0.N3
fl.8Satl.89 fl.8nfifl.87
n.soflii.ut e.MflO.oo
0.n3fin.05 noiSfl.n2
a07flo.no fl.04fln.ii3
7.03S7.Ot 0.0037.10
FINANCIAL BRIEFS
. . ..... l th lTnlted
commercial mui - -:".
States this week numbered 426. against
348 last week. 3tf In the ? eak
and 234 In the like week of 1914. Failures
In Canada numbered 61. against 64 as
week. 43 In the preceding week and 33 last
year.
The Southern Power Company has con
trailed with N. W. Harris & C0.1 Perry
Coffin 4 Burn and the National City
Dank of New York for the purchase of
$BtrWCS'onrs first morttw 5 Per cent
gold bonds, due March 1, I960.
The crosi earnlnss of 36 railroads for
the fourth week of May show a de
crease of $1.341.200.
The annual report of the Middle West
lrulltles Company shows net earnings In.
Sffl and a. balance after dlvl-"en"-
of U.". increase of $213.87.
-. -r?rrHr ssstiSS
ttve tradS.iu ,0andV rath" rw P
?Var JewlXrVir'Mtlc l..M of indus
try. v.i tarnlnss of the Ttmopah Briraont
ing romjay W-19;
tbm Federal Reserve Bank ef BaKM
wmurSfrUk. the aolUetion "
J-'i member banks that have a"Mt4 to
S JoUitiMW June 8v Bosloa
bank to dau havaMentd.
I Ut aUv
EVENING LEDGES-PHILADELPHIA. SATURDAY. JUNE 12,
STOCK SALES
..... . tst close. High. Low. Cloae.
LpuIsANashTlllo. . 118 118k 118k 118k
Manhattan Elevated.. 128k 128 128 128
Maxwell Motors 46k 40k 45k 40k
Max Motors 1st prof.. 80k 87 80k 87
Mat Motors 2d pref. . 38k 39k 39 39
MlnnA St Louis 14k 14 13k 14
Mexican Petroleum.... 78k 79)4 78k 78k
Met Petroleum pref... 84 81k 84k 81k
"1I&jMas..... 12k 12 Ilk Ilk
Mo Kan A Tex pref... 31 31k 31k 31k
Miami Copper 27 27k 27k 27k
Missouri Pacific 12k 12k Ilk Ilk
Montana rower 60 51k 61 61
Natl Enamel AS 10k 17k 10k 17k
NatlonalLcad 07 08k 07 07k
New York Air Drake. . S8k 04 89 03
Nevada Con Copper.. 16k 10 15H 10
NY.NHAH 06k 05k 06k 05k
Now York Central.... 88 89 80 SO
NYO.AWcst 31 30 20k 20k
NotfAWest 103 103k 103k 103k
NotfA West pref 85k 89 89 89
Northern Pacific I07k 108k 107k 107k
Ontario Silver M 4 4)j 4 4)(
Pacific Mall 29k 20k 28k 29k
Sf.D.nKU,l- 107 ,07-' l07 107
Pittsburgh Coal 24 23k 23k 23k
Pressed Steel Car 48k 49 48k 48k
JuknanCo 168k 102 169k 102
Quicksilver 2 H Ik
Quicksilver pref k 2k Ik 2!
Ry Stcol Spring 33k 33K 33k 33k
Bay Con Copper 25k 25k 25k 25k
j,le4dn8 140k 147k 140k 140k
Beading 1st pref 85 00 87 00
Iteplron Abtcol 29k 30k 20k 30
Kep Iron A Steel praf . 87k 88 87k 88
Hock Island Co pref. . . k H H k
Bumely, M. Co 5 6k 6k 6k
Rumely, M. Co pref. . 12k 13k 13 13k
Seaboard Air Lino.... Ilk 14k 14k 14k
Seaboard Air Lino pf. . 30 30k 30k 30k
ScarsIlooA Co 130 137k 137k 137k
Sloss-ShefSAI Co... 30J( 37k 30k 37k
eoutnern I'acuic eOk bOk 8k 8k
60 Hallway 10k 10k 10k 10k
Studcbaker Co 76k 76k 76k 70
Tennessee Copper .... 39 30k 39 30
TcxasCo 129 129k 129 129
Third Avcnuo 63k 63k 63k 63k
Union Bag A Paper... 0k 0k 0 OH
Union Pacific 128k 129k 120k 120k
Union Pacific pref.... 8tk 82 82 82
U S Ind Alcohol 60Sf 61 40k 50k
U 8 Reduction Ik 3k 3 3k
U S Reduction pf.... 1 5k 1 4k
USCIP&K 15 16k 15k 15k
United Hrs Invest.... 18k 18k 18k 18k
United Rys Inv pref. . 34k 3151 31k 31k
US Rubber 00k 07 00k 07
US Rubber 1st pref... 108 10Sk 108 108k
U B Steel 00k 01k 00k 00k
USSteel pref 100)1 109k 109 109
Utah Copper 68k 09)i 08k 08k
Va-CarChom 34 31 31 3-1
Va-CarChcm prof.... 07 00 00 00
alronCoalAU 39. 42k 40k 42k
Vulcan Dctlnnlng 8H 11 10 10
Vulcan Det pref 21 20 25 20
Wabash k k k k
Wabash pref k k k k
Western Union Tel.... 07k. 07k 07k 07k
Western Maryland.... 20k 27 20k 20k
Westing E i. M l7k Ubk 7k USk
WUlys Overland 131 132k 131k 131k
WoolworthCo 101k 103 101k 105
Centa per share.
Total ealea, 423,700 shares, compared with
805,300 shares last Saturday; this week, 3,430,
100 shares; last week, 2,663,500 shares.
New York Bond Sales
Hltsh.
5C00 Amer Smelt Sec 6s.. 100
Low.
10b
Close.
1(JU
is
IWVj
lC-tfcl
1111
87
lf
6S
linon Amor Tel clt -Is .is
11000 Amer Tel HI 4)4 1U2
T 'Ifl HI -ft....lu-H
llaon it 44a 1UJJ
cv 4s ')ii U.IJ5
cv 4a 1IH30 lolfc,
iwi,
10 1'..
U.I
IUI
87
.1MJO Atcilaon it
1UUU (lu
rjioo tin
3JOUO Bait & Ohio cv Hi... 87
OOUO lJcth Steel 1st 6s lout?
1U0
W
10J
9l
i?tv uo riu us !
1000 Brooklyn R Tr 5s
10000 Cent i.oalner 1st 5s
200O Chicago Ut West 4s
MOO Chi 11 & O lolnt it.
.10:
. illl
. 08
UU:
I
06H
liluo Chi MASl P cv 5s rct.104
101
2"00 Cnl 51 & St P cp 5... .102), 1U2
1500 Chi M JL Kt P cv 4lls. 07 00
51.100 Den & Rio Or 4s 73Vi 73'
11)000 Dla Sacur Corn fi. tiOii (It)
73)i
Otii.
71)000 Du Pont Powd 4Hs... U5H 02)i
"tfV Vr rnnv J S.r It.. ILS. OSVi
Ser 11.. 08jk OSj; OS),
2u00 Urten Uav 0s
llMft 1"L iv.,71
30OO Oen Elec deb 5s...
21000 Hud & Man In 5s.... 20
1000 111 Central rfd 4s 87
7000 lnd Steel 5s 100
52000 1ns Cop cv Us 131)i
bOOO inip cv ret 3d P Ua 'lO-Wl
28OU0 Inurb Met lh ""U
7000 Intcrb H T ret 5s 08
2-JOOu Inter Mer Mar 4Hs. . . 43),
10000 Jap new Oer sta JVi.. 75
2000 K C Ft S & M 4s.... 72
S00O Mck Steel 5s 1923.... Hl'i
20C0 I.k Sh deb 4a 60 tw(
5000 Lorlllard 5a t)'j;
9000 Louis dc Naih 4a -
2000 Minn tt St L 5a 87
UOOO Mo Kan & T 1st 4s.. 70
2000 Mo Pao cv 5s 40
1000 Mont Power 5s 90
3000 N Y Cent Imp 4Hs..l09
107000 N Y C & Hud Os rct.ictltf
4000 N Y City 4MB 100.1 104
411000 do HUM 99)4
100O N Y N II A II 6s....lll
1000 N Y
tint a w isi is. .otj
1000 N Y Itwy ref 4a. .
10000 do udj 5s
05f0O N Y Tel gen 4)4a
(1000 Nor Pac prior 4s
loOO Nor Pac gen 3s
5000 Pacinc Tel 6s
74500 Penna cv 3Ma
5000 Penna cv 4!4
HH)0 Penna 4)4s 1021
50000 Tenna gen 4Ws ct....
1000 Punllc Berv N J 5a..
UOOO Kay Con Copper 6a. . .
1000 Heading gen 4a
2000 Hock Island 4s
11000 Itock Island 5a
1000 St L I M & S 5a
1000 Seaboard A L adj in..
2700") South Pac cv la
2000 do cv ret f P 5a '34. .
4000 South Pao rfd 4s
2000 South llwy gon 4a
2000 South Rwy con 5....
43000 V O Steel 6a
500 U S Steel reg 6a
3500 I'nlon Poo 1st 4h
1000 Union Pao cv 4h ... .
8000 Wabash 4s
lflOOO Wab Equ ct sta 4s ..
7O00 Wab-P Ter 2d ct 4s .
1000 Weit Electrlo 5s
09000 Wes E & M cv 88
1000 West Shore 4s.
"yi wis Cent gen 4a
5
101 4 101),
102U 103' J
81 Vi
84
Total aalee. $1,372,000, compared with $030,
000 lait Saturday; this week. $12,060,000; last
week. $9,847,000,
The Scranton Electric Company, a sub
sidiary of the American Qas and Electric
Company, has sold to Harris, Forbes &
Co. $231,000 first and refundlnir 5 per cent,
bonds, due 1937. The bonds are belns
offered at par and Interest.
Proposals will be received by Johns
town. Pa., until July 6 for $600,000 semi
annual i-year average bonds of Interest
not to exceed 4)4 per cent. ; by York, Pa.,
until June 18 for $160,000 4)4 per cent
bonds; by Wllkes-Barre, Pa., until June
30 for $140,000 4)4 per cent, bonds, and by
Woodburj. N. J., until June 15 for $19,000
semiannual 4H per cent. SOH-year school
bonds,
P. H. Dewey and B. F. Hsrriek were
elected to the board of the PitohburK
Railroad. Bobert Wlnsor resigned.
The New York Stock Exchange has ad
mitted to the list Westlnghouse Electric
and New York Manufacturing Guaranty
Trust Company certificates of deposit for
convertible sinking fund 5 per cent
bonds. It was rumored that tba Suprewe Cowl
would rndr its daatolon fa the Harves
ter stilt an Monday, and that It would be
unfavorable ta. th awmway. but all talk
on the uttjet was tj)e rnereat guess
work. It U understood that most of the New
York anthracite companies have- adopted
the plan of operating tbMr eolUarias at
about M par cant, of thalr capacity, which
haTbaen the geueral ratio of tho Reading
and the Susquehanna coal companies for
owe time- The Lehigh Valley haa an
Bouacad a shut-down from yetday un
til et Wednesday Many concessions
from the list price are '".
Uraa cowpaolea say the ladlvidwuU wro
4ucT ar taking iha lead ta that matur.
auujjram, PAXUltJUAX, U U JN E 12, 1915.
THE MARKE
CRAMP SHIPBUILDING
CONTINUED TO CLIMB
New High Record Established.
Steel Shares Influenced by
Rumors of Deal.
Cramps Shipbuilding shares continued
to climb Into new high territory this
morning on the Philadelphia Stock Ex
change, Jumping another four points be
fore the first half hour's trading had
been completed. Later some of this gain
waa lost The feeling that tho stock
was very closely held and knowledge that
tho big block owned by the Cramp es
tate, which has been overhanging the
market for some time, had been disposed
of naturally rendered It ensy for the
traders to mark up the price, being ably
seconded by the New York Curb fra
ternity. Confirmation of the report of a $6,000,000
Itusslan order for Baldwin's sent the
prlco up n couple of polntB. Tho ordor
wns for SCO locomotives and not war mu
nitions nm! should prove a substantial
basis for the company's business during
tho coming months.
At the opening Pennsylvania Btcol pre
fcrrod Jumped from 54, last night's close,
to CO, but with President Felton's denial
of any deal the price reacted to 58. No
(trent amount of stock came out Cam
bria was moro active, and after rising 1(4
to par, ensod off a fraction. The Asphalt
shares and Philadelphia Electric wcro
other strong spots.
Tho constant reiteration of the old
rumor of a merger of the Pennsylvania
nnd Cambria Steel Companies is growing
monotonous. A dispatch from Pitts
burgh giving so called details set tho
Streot agog for a time, but prompt de
nials wcro forthcoming from official
sources. An Interest close to both man
agements said today that nothing in this
lino wns to be expected until tho Su
premo Court had definitely passed upon
tho status of tho United States Steel
Corporation.
Lnke Superior wns less In the limelight
today and showed signs of profit taking.
The remainder of tho market ruled quiet
except for a show of strength In United
States Steel following tho upblddlng of
tho stock In Wall street. Tho unexpected
ly heavy Increase In unfilled tonnage con
tinues to be a factor In the buying of
stool, and there Is every prospect that
the next report will show a very much
larger gain. Some go so far as to pre
dict an Increase of 600,000 tons in unfilled
orders. Tho big corporation Is now oper
ating slightly above SO per cent, of ca
pacity. Local Bid and Asked
Today's Yesterday's
Bid. Asked. Bid. ABked.
Buffalo A Susq t C 13 14 13 14
do pref 30 4041 30 40
Baldwin 00 69)5 58 5V4
do pref 102 104 101U 103
Cambria Steel 48U 40)4 4Sg 4di
Electric Storage 61 54 M), 54,4
General Asphalt 30 30S 204 30
do pret 08 60 60)4 07
Koy.te.no Telephone ... 14 1.1 14 15
do t c 14 13 14 15
do pref 67)4 68 67H W,
Lako Sun Corp Uj, 12 12 2H
LehUh Nov 72)4 73 TO. 73
Lehigh Valley J2 72'4 72 73
Leh Valley Tr IS 15)4 11H 15
do pref 27 30
Pennsylvania 63 7-10 53 0-18 53)4 53S
Phlla Elec 24 24H 24 24
Phlla Co 33)i 34 34 33
do 5 per cent pret.... 34 33 34 35
do 0 per cent pref.... 30 40 39 40
rhllaftT 0i u)4 U)i 0)4
do t c o) 0)4 OU Oh
IHeadlng 73). 7:iU 73 73).
Ton Dlmont 4S 4 7-l JH Y
Ton Mining 7)4 7)1 7 7U
(Union Trac 32U 32 32 32 Vj
U Q I 82 82t5 82)4 82
USSteel ou HI uoij r(i
rWm Cramp t c 61)4 02 57)4 58
NEW YORK BANK STATEMENT
Heavy Increnscs Shown in Loans and
Deposits.
NEW YOItK, Juno 12. An Increase of
$10,714,000 in average loans was reported
by the New York Clearing House banks
for the week Just passed. Average de
posits was $19,482,000. but there was a
drop of nearly three millions In average
reserves.
Actual reserves on the other hand In
creased $3,887,250, due to an Increase of
$29,812,000 In actual deposits. Total loans
were $2,460,706,000, with total demand de
posits of $2,358,800,000, and time deposits
of $137,728,000. The excess reserve was
$195,166,500. Details follow:
Clearing House members, average:
Increase
Loans ,................
LlCJJOl'ltS
Time deposits
Resources
Clearing House members, actual:
Loana
Depoalts
Ttme deposits
Reserves
Decrease.
$10,714,000
1U.482.0UO
;i,ou.,uuo
2 858, 130
15 830,000
20.812,000
4.209,000
8.837,250
Federal Reserve Bank News
The number of acceptances from member
banka agreeing to enter the new check clear
ance ajutem of the Reserve Bank of Phllodel.
Phla la now 120. Today thei local Reserve
bank will mall out to the various members
a. revlaed list of the Institutions that will In
augurate the system next Tuesday, June 10.
Oovernor Charleo J. Rhoado will leave to
morrow for Chicago, there Jo attend ton
ferei.re of governors of the 12 reserve banks.
Thia will be the first conference held outside
of washlngtun. and a city In the Middle West
was selected so as to equalise traveling dis
tance for tho various governors.
Big Russian Car Order Placed
NEW YORK. Juno 12. The Pressed Steel
Car CoTipany announced this afternoon that It
had received a large order for freight cara
from the Russian Government ond that work
on the order already has commenced.
"We do not feel at liberty to state the
amount of the order." said the Pressed Steel
officials "However, the order waa a large
one and It may be Inereaaed. We negotiated
for the order for several months before rually
landing It thia week The order calls for box
cars and gondolas to be equlrped with West
InahouK airbrakes." .......
Thn total Russian order ta report.d to be for
22 OOO ca?i. apportioned thua:2000 with, the
American Car and Foundry Company, 7000
with the Pressed 8tel Car Company, 3000 with
the Canadian Car and Foundry Company. 2000
with the Eastern Company of Canada and 6000
w h the Soattle Car Company, the tatter be
Ins for cars of small dimensions.
Cotton Strike Threatens England
MANCHESTER. Eng.. June 12. The
Lancashire operatives are demanding a W
per cent. Increase In wages, and the
solnners are prepared to issue lockout
notices at the end of the week, which
would tie up no fewer than 49,000,000 spin
dies. Report Russian Car Order Placed
NSW YORK. June li It ia report'! that
iitMti to ROM cars ha vo rJnalljr hewi
SJffi1". the Russian Government, The cor;
J Mid to bi apportioned thus: 2000 with
fht AmerUan Car and Foundry Cojppouy,
toSo wuh 85 Prl 6tel Car CoBanj,T30M
llthTbe WrtadtaiTcar and Fiwudry Company,
5Jw with 1 the Eastern Cowany of Canada.
? 8000 with the Siattle Car Coaponj, the
Utter being tor rais of small dlmoosfont.
NOTES OF THE RAIL
The Interstate Commerce Commission
ha held as not Justified the propoaad
SiBsallatton of through routes and Joint
rata in connection with the Chicago
Warehouse and Terminal Company and
the Merchants' Ltahtsrase Company. The
suawaaded schedules were ordered to be
oaeJd-
The Interstate Coauuertw Comrlselon
haa grantad lb Orefou-Waeblngton Ball
road ad Navigation Company's petition
to Menpt i4i ownership of the San Fran
ctooo and Portland BteamsoJp Company
from the Panama Canal act provision
prohibiting ownership by railroad of
coiuvaUAg staamahlp line, Water traffic
aulpfnant owned and operated by the
rl h the Ohtoaga river was al exempted.
LOCAL
10 to 10:30 A. M.
200 Cambria Steel 411
3 Weatmer Coal 01H
350 W Cramp t c 61
200 do 61
SO fin MO
100 naldwln ..... 60
20 Lake Rup Cor 12'
60 W Cramp t 0 08
6 Baldwin 50
100 Qen Asphalt. 80
100 ao.
Ill r-nv,K,a a...i ....
100 W Cramp t 0 02)4 100 Lake Sup dor 12
10O do C2
60 Cambria Steel
iuv uimsria steel
109 v Cramn t e
i$
10 no
200 Lake 8up Cor 12J
1
ilk
100 do ,.., 08
CO do,...,,.,. 08
,26. do fB
JPO do.....,.., 08
100 Cambria Steel 48K
M W Cramp t e CO
200 Lake 8or Cor 12
60 W Cramp t c OS'J
10 do...,..,.. (Hit
00 Lake Bup Cor 12M
60 w Cramp t 0 ns(4
40 do... a
11)8 Steel.... 01
200 w Cramp t e 02)4
83 Penn ... mi
100 U S steel.... 01)4
60 W Cramp t o 62'4
10 U S Steel.... OIK
20 do 01U
200 Cambria steel 40
,10 Leh Nov ... 73
100 Cambria Steel 4014
100 do 4
Son An . mil
W OQ
100 do,
100 do
100 do
10 do
100 do
!?
250 VT Cramp t 0 03
av ao. ,,,,,. ., U3
3 V I ..,,.. 82)4
100 W Cramp t e t
20 V n rimI fil
100 Vf Cramp t 0 03J4
ao ao.,,.,.. ,,uo
50 Oen Avphalt. 30
23 W Cramp t o 08
6 iRaldwIn 50
1m it n niuti. .. m
47 Pa Steel pfd. 66)4
50 Eleo Storage. 54
60 W Cramp t 0 02'i
10 South Pad no Mt
60 tn Asph pfd 07
20 Blpo Storaze. 54
200 Lake Sup Cor 12fj
60 Uh Valley ., 78
20 Cambria Steel 4n 100 Tenn Copper. 80!4
.52 Jv Cramp t c 2I
0O Lake Bup Cor 12J
T, 20O Phlla Eleo . 84)1
10 W Cramp t c 63
w .Miuurir. OICCI .1'-
23 do.. . . 40-H
50 Eleo Storage, 64U
50 U 8 Stee . . . 01
25 Rait A Ohio. 70H
w w vramp 1 0
IK If R Btakaaf 11111 4)ftrt .1.'
.. V.,Rlll, O DJ
w
An
83
m
800 Cambria Steel 60 60 U S Bteel
r Vf tJ J .VOB , 111 ta lull mi.
it
At UO DO
10 Penna 531'
to Cambria Bteel 40t
300 Lake Sup Cor 12i
100 Eleo atorage. 6I)
100 lAke Bup Cor 12i
23 U S Steel . . 0li
10 do
100 do.
1 60 Leh Nav . . . TS
23 Union Trao.. 32)4
60 la. Steel pfd. (TO
100 U S Bteel.... 01)4
8 do 01
1000 Electrlo & People's 'Tr 4s 75)4
10:30 to 11 A. M.
60 W Cramp t 0 02 100 Leh Vol Tr. . 15
.19 i0-:- : S2V4 28 U a Steel.
ui
ivj uen Aspnail
6 Phlla Eleo .
10 P R T t c.
100 U B Steel...
80
80 Cambria Bteel 40)4
24
so iiaiawin rBft
200 Oen Asphalt. 30
200 Ualdwln 00
50 do 00
100 Cambria Bteel 40
10 W Cramp t e 02(,
100 do 02
10 South Paclflc. RSU
20 Ualdwln .... 60
O Ins Co N A. 22
a
fll
100 W Cramp t c 02
eu ao m
100 Phlla Co .... 34
5 Oen Asphalt 30
jwu B steel.. . 011
100 Lake Sup Cor t2'
20 Phlla Eleo . 211
v ..ainuria meel .v?i lw mkb mu
10O I.ake Rup Cor I2H
iu ao 4B 100 iuidwln
no
20 Cleo Storage. 54
3 Kleo Storage. 64
OT) u h uteel
I . . 01)4 20
Cor 12X 200
1 t 0 61)4 10
Cambria Steel 40
do 40'
W Cramn t e 112
20 I.OKO BUp
50 w Cramn
K'aW
30 Rumely 8
10 Rock Island.. 10'
2oo Tonopah Bel. 41
4 Cambria Steel 40'
20 Phlla Eleo .. 24'
130 Union Trac. 32'
100 W Cramn I a fll'
100 Baldwin 00
50 Bloc Btorage. 84)4
60 W Cramp t c 02)4
15 Lake Bup Cor 12
100 do 121
50 do 124
25 W Cramp t c n2)J
6 do 02
10 U S Steel COl
20 U O 1 824J
100 VT Cramp t 0 02I4
00 Tonopah Mln. 7
10 IV Cramo t n 02'i
100 Lake Sup Cor 12),
10 Oen Aaph pfd 0T
100 W Cramp t 0 fit'
10 do 81'
100 Baldwin 00
200 Lake Hud Cor 12
100 Lake Sup Cor 12J4
300 do..
100 Cambria Steel 4 OS
10 do...
60 Baldwin
100 do...
60 do...
12
00
no
00
o u u-1 c-u
100 V Cramp t c'02)i
15 Amer Can .. 43
100 Cambria Steel 40i
.10 do 411)4
10 W Cramp I c 03
400 Cambria Steel 40
n-i
60 W Cramn t 0 62
100 U s Bteel.... ni
60 do 01
25 Rep lr & Bt. 30H
UONDS.
23.1 Cambria Steel scrip 1010 0S
500(1 Phlla Electric 6s 101'
02 Cambria Steel scrip 1010 08
120 Cambria steel scrip May 1917.... 07!
5000 Lake Sup Cor lnc 5a 36
Sales in Philadelphia
Yesterday's
cloae. High. Low. Close,
223 Am can
40 Am Smelt ...
1035 Bald Loco ...
2.1 U & Ohio
.103 Cum Steel. . . ,
333 Kleo Stor ,...
700 Uen Asphalt.
00 do pref
20 Inter Met ..
6 Ins Co N Am
8100 I.k Sup Ccrp
Kfi I.h X.v
30 Leh Val 71'4
100 Leh Vol Tr 141.4
70 do pref 2n
.4.1 Pennsylvania . . 5014
168 Penna fileci prei w
100 l'nna 10
858 Phlla Electrlo...
05 Phi It T tr ct .
SO rturnely Co
53 Hep I ft a
10 Rock Island. . .
20 So Pacific ....
100 Tenn Copper. ..
575 Tonopah Belm..
in Ton Mln
153 Union ir.rtlon.
S3 Unit Gas Imp..
2435 II S Bteel
11, iv. J Hta..
niun Wm Crnmo Sons 58
.V...I !.. 0.1 fL1 ariArf-a.
compared
0243 sharea last Saturday: this week, 230,371
shares; last week. 80.230 shares.
BONDS.
Last prev. sale. High.
10200 Am Q & E 5a. . 85)4 MS
Low. Cloae.
83)i 83H
1000 Bald L 1st aa..iuu
2117 Cam S BCD "10,. 08
12.1 do May '17..
24 do Ksb '17 .
1000 Eleo & P T 4s.
6000 Lk Sup lno 4a.
2000 Pa gen 4s J c
1000 Phlla Co i.t 6a.
100 Phllo Elec 4a .
5000 do 3a
1000 Bo llwy con os.
OJ.. !
t..i ). 127.072. comparea wiine.i,,
this week. $343,043; last week, 311.637.
i 4"t " . -'J
S3K 83 3H
,58)4 on 60 .Ifljj
, .. 70H 78H 78H
. 48)4 50 48k 48'1
, 64 (i 51)4 63)4 6H
. 20H 31 30 no
. 60)4 67)4 "7 (I7W
. .. 22)1 22). 2J)J
. 21)4 22. 22 22
. 12rJ 13 11 12
. 73 73 73 73
73 73 73
15 16 13
20 W 20
S14 & S4
24 21)1 24 24
0 8-10 0& M, OH
6 5 r.
30)4 30)4 3tW
10 19 Uj5
(4S SHS 88'
89)4 39 3U
4)4 4)S M
7 1-16 7 7 7
82)4 32)4 32U 12)4
B2jt K2 B21, 82i.
OuH UlC 00). UI
48)4 4S 48)4 411)4
Qm O. O-. .r.
tiivj oor. a
wiin
AVA IV A IVA
V8)4 08)4 OSU
07)4 O'H u'fr u'r
07)4 07(4 07)5 07)4
73 73)4 75(4 75)J
35 35 35 35
08 08U 08)4 U3U,
09)4 OOW 09)4 00)4
80 80)4 80)4 8OJ4
101 101). 101)4 lOlU
60 OjS 09.
17!
PHILADELPHIA MARKETS
GRAIN AND FLOUR
WHEAT Receipts. 48,056 bushels. The
market waa quiet but steady at recently re
vised prices. Quotations: car lots. In export
elevator No. 2 Red. nominal. $L25O1.30 No.
2Td Wtern l'31'33' No'
8OAT8-R.c..pt.. 100.700 '".Vii,. TalS
'..'niiii n.ealDts. 410 bbls. and I.150.T27
sis ttsspsijS
!?". is.! 'do.. Dalent. ie,0Bo..u: 00.,
siraisuv, ."S3V".. ufai! 73: city ml
favorite
am
In.
ItratsTit. is.00ee.ia; ao.. ."' -:?""..,
3KflR.ffSB!-
PROVISIONS
l?CV,ef"kn
s&&". dr4.utisbU-riaa
hams smoked, oity cur.. krf Western
finKl.'irioiritsi
'.'cuVfiVt4.?. Wll lOTrW
REFINED SUGARS
m... .low ond the market was urt-
HKS?&; cw"M,,onw"
DAIRY PRODUCTS
,I?uJy?: K l'f
"'wrffisSrlctly Uw wr ' f
ouSt aTn iuJaJN tail much, ot th supply
iTof moiior l uaoiUactle stpUs. widclj
IS SuJlTad weJlT We 0.U0U u &U'""
.VodorSJrtr 4tt!ri
SSi law TjobbiaTTt Bbu s"-.,
inilH8E Trade woo alow o4 ihs mar
kBt waa Togani tower under fe4rlyj4bert aup-
r!ft.",S5JiTM. N.v. Turk. ll crsom.
aUiaa. S4)Uc.
HALF-HOURLY SALES
11 to 11:30 A. fil.
100 W Cramp t e TO 10 Tonopah Bet.
200 Lake 8op Cor I2H 200 do
100 do 12 100 W' Cramp t o
10 PhlU Bleo . . 24 SOO Lake ftp Cor
25 IV Cramp t e OJ J0O Amer Gin . .
70 do 92 100 Lake Strp Cor
60 Kleo Storage, 64 100 .do
200 Lake Sup Cer 12U 5 W Cramp t e
20 U S Steel.... 01 100 U B Steel....
100 do RI 40 Am flmett ..
W
12
8
100 Lake Sup Cor 12)4 100 U 8 Bteel.
loo
20
50
200
21fl
00
60
10O
80
do.
do.
12
100 Lake Sop Cor
1Z
12
100 u men....
20 Rep lr fa Bt.
23 Tonopah Sel.
60 W Cramp t e
loo Amer Can ..
do 11
do......,,, 11
do,, .,.., 11
do. ........ 11'
si
4
200 Lake Sup Cor
12
68
38
30
12
12
la .
9
12
do 12
Pa Bteel 'Hi'.
10 Amer Can . . 43)1
IV UU ,-
23 Oen AnDholt.
0 lak aup cor 11
100 Lake Sup Cor
50 do...... ..
60 do
100 Cambria Bteel
100 do
100 Lake Sup Cor
100 do
llfl
200 do
do.... UU 100 do.
BONOS.
0000 Amer Oo A Bleetrlo Bs .,..
1000 Amer Gas & Electrlo 6a. ....1
11:30 A. M. to 12 M.
SS9
SOUS Bteel.... 0014
10 I.ha Suo Cor 12
10 P R T t 0... OH
76 do OH
100 Lake Bup Cor 12
21 Baldwin 69
200 Phlla Rleo ,. 24
100 do 24
10 do 12
10
50
100
100
ao it
do 12
do 12
do 12
lfl Cambria Bteel v.
00 V t t 82V. 100 (Jen Asphalt 3t
40 Tono Bel... 4 0-10 100 do 30
10 ra steol pta. 01 iva iane uup ;or ia
lOO W Cramp t 0 01 100 Tonopah Bel. 4)4
10 do 01 10 Elee Btoraje. 63)4
10 W Cramn t 0 02 100 Lnke Bud Cor 12
70 Cambria Bteel 4U 800 .. do 13
100 W Cramp t 0 01
300 Phlla Bleo . . 24
20 U S Bteel.... 00U,
lou w uramp uw
Kl o 8 steei
Heel.... 00J4 60 U B Steel.,.. 00
, 0014 80 Cambria Bteel 48U
la Steel 4B 4 10 W Jer AS S. 48(4
48 MUk V I pf 29
100 ao...
100 Cambria
loo Oen Asphalt. 30).
30 do 30)4
20 Cambria Steel 48)4
u u a Dieei.,,, 01.
BONDS.
2000 Penna gen 4)4
t 0.
08)4
102 ,
ti)4
Feb 1017 7
1000 iiaiawin 1st os ...
1PO0 Phlla Co 1st 5s ..
23 Cambria Steel scrip
looO Bouth Rwy con 6s
100 Phlla Electric 4e ......
200 Amer Gas t Electrlo 5s
NOVEL METHOD OF FINANCING
FRENCH WAR REQUIREMENTS
To Borrow From Our Banks, With
American Securities as Collntcral.
MEW YOUK, Juno 12. A simple scheme
for financing French war requirements
is being worked out by bankers In Now
York and Paris. The Idea Is to Induce
French holders of American securities
to exchange them for renen war oonos,
which will bo iBsucd for tho purpose.
The American securities will then bo sent
here, and will be hypothecated with the
banks, the proceeds going to pay for war
munitions bought here.
A cnble dispatch from Paris said that
tho group of French bankers in charge
of tho scheme is planning to Bell tho
Amerlcnn securities here, but such Is
not the understanding of leading New
York bankers, who say that if these
American securities were to be dumped
on the New York market to be sold the
American market would be unfavorably
affected. Tho plan Is to borrow money
from American banks, putting up the
French owned American securities as
collateral. The money will be used to
pay obligations contracted here.
RAILROAD EARNINGS
ILLINOIS CENTRAL.
1015. Decrease.
May grois $4,872,087 $14,H01
Eleven months' nross... 87.201,303 8,827,044
YAZOO AND MISSISSIPPI VALLEY.
May gross $83.1.088 110,387
Eleven months' gross... 10,830,002 843,2,0
CHICAGO AND ALTON.
Fourth week May :. $337,340' lo.fi47
Month 1.1411,020 '68,072
From July 1 13.037.0H2 148,218
TOLEDO. PEORIA AND WESTERN.
May gross $82,732 $10,737
liertclt O.sot 12,43I
Deficit after charges.... 28,318 .10.038
Ten months' groaa 1,080,315 100.234
Net 47,30(1 8J7
Denclt after charges.... 201,730 '25.SS&
GRAND TRUNK SYSTEM.
First week Jun $358,077 H7.0M1
From July 1 40,242,228 4,503,77J
Incrcaae.
COTTON STATISTICS
The statistical position ot cotton Is as fol
This week. Last week. Last vear.
Visible supply.. 8,224,434 0,600,102 4,400,002
Of which Amer
ican ..?..... 4,407.431 4.710,152 2,524,002
June ".'... ...14.672,307 14.566,081' 14.400.753
Decline in Linseed Oil
NEW YORK. June 12. In slngls lots the
American Linseed Company Is now selling
Western linseed oil at 01803 cents and city
linseed oil at U3Q06 cents, compared with 0
prlco of 67 cents or more previously. Lin
seed In carload lots remains around 04 cents.
POULTRY
LIVE. Supplies were fairly Itberol ond
the market waa dull and barely steady.
Quotation.: Fowls. 13&13V4C, the latter hard
to reach; rooatera, 11012c; broiling chick
ens, fancy, not Leghorns, weighing 1)492 lbs.
apiece, 2lii2c; broiling chickens, not Leg
horns, Kclgnlng 101)4 lbs. apleco. 21(?23c.:
broiling chickens. Leghorns, weighing Dirfiti
lba. apiece. 21V2lc.t broiling chickens. Leg.
horns, weighing 101)4 lbs. apiece. 18(T20c.:
ducks, Pekln 14915c; ducks, Indian Runner,
12Q13C, pigeons, old. per pair, 25330c.; pi.
geons. young, per pair, 20922c.
I)I(KHSKI). Fine deslrable-slsed stock waa
flrn.ly held, but demand, waa only medoerate.
Tho quotation.: Kreah-kllled poultry, fowla,
12 to box. dry-picked and dry-packed, fancy se
lected, lUKc.; welshing 4V4B5 lbs. apiece, IS lie;
w.lghlng 3!ip4 lbs. apiece. lSHc; weighlnr
3 lba. apiece, lOKeUHc.: under 3 lbs apiece,
14)4ei5)4c ; Ice-packed Western, 4 lbs. and
over apiece. 18c. ; do., smaller sijes, 18)40
17HC, old roosters, dry-picked, 12Vic., broiling
chickens Jersey, fancy, J34f40c., other nearby
fancy. 30tiJ5.j Western, weighing 15492 lba.,
2Se)0c.; do., weighing 101U iba.. 2323c,.
sauaba, per doj. White, weighing 11 to 12 lbs.
.J,.: Hni ' 1184.601 white, welxhlnr a tn la lh.
oer dos., $3.1033.60: white, weighing 8 lbs, per
dos., I2.5042.70t do., do.. 7 lba, per dos., .
ftS.l'Oi do., do.. etfUri lbs. per aoz., ll.254f.5o;
dark. Jl.'iitjl. W, smsll end No. 2. $1. Froisn
poultry, IOWIS, as ia ai.m
ens, dry-picked and dry-pi
Mllk-fed. 31 to 38 lbs. to
uallty, 1018c.; chlek.
ry-pacxeo, in Doxes
. to doz.. 18c.. milk.
fed. oT to 10.. in oti ", i"!?.... to
41 lbs. to aos., isc; uiio-ieu, .a mm. 10 aos.,
lOc,; mllk-fed. 00 lbs. ond ovor, 21e., csra
f.d; 31 to 42 lba. to do.. 17c,; corn-red. la to
47 lba. to Cox., 17c , corn-fed, 48 lbs. to dos.,
Ike's corn-fed. 60 lbs. and over, 20c. ; chicken.,
dry-picked ond dry-packed In bbu. Western,
corn-fed, 6 lbs ond over. 18c., W astern, corn
fed. 4 Ifcsk. 1T0UV4CI Western, corn-fed. SV4
lbs.. 16)40.; Western, corn.fad. 2t44N lbs.. 14aJ
15a.; turkeys, dry-picked and .dry-paeked-i'ancy,
21Hc.i (air to good. laifSOd.; old
Uma, UttrOe. I
RRESH FRUITS
The market waa quiet and without Im
portant change. Quotaaons" Apples New York.
imr bbl -Baldwin. 33. Ben J9vla. ISSS.M:
other good eating .varieties, $2.24.60; xee
dlum. J2C2.25. apploa, Weetern per box, $18
2, appleaT Delaware and Peonaylvarilo, per
2.503i lamosi. per bA $20J.5O:
Florida, perbox. 12413 BO. graperruit, J
MTDDW. DUSiH... M.IUH. M"W, T .-,
oronges.
rtonoa.
oer box. xxaa.ou. piaeowiiaii, iw i,.,w-w,
tlicor?i!yorlaari7 Jchsr. aweet,
pw (bTWo.iIov. ur. per lb., a&. .; alraw
UrrlM pi Jt -Delaware and Maryland. 40
7c?. Jm, & btaokberrlio. North Coro
Uii. per it . JtlJle.; gooeeberrlea. per ,. 40
5cTT huckleUrrtea. per ot. ineylic.
VEGETABLES
Ofl.rtnta were fairly UUral and prices aju-
.rally favored br. with dMoaoa only
i-iUUM, TrtftCT tw TorgTsi o uuollty. 40
l4le.k7Sr., $1 7W.a. N0.T. TV 0
RTSkWlhftSrcW fcfeTL $15O02, No J HOC.
u.r iluxoer-. row, .. a-. w. -..
CtAa . I.Katf Karth Carallno oad Marl
Kr toio, 204X . do.. 00 . per borrdL U
i do? Eootora Shore, per crot. MfiISc ;
cauU4Uwr Norfulk per hamper SO07k ,
baJ. , u 1 1 bbl basket South Carolina, osd
rlaorslo arvn auU x 250 Jo North
r&roflua iro unl x 25i ,0 , du
Nor-
oUfc i,r "i-t'bl bakt 4Oj0 la fcojtero
?r7d. Sr Vxb'$2 P&W
u.WrTT&id per coitIm 81 Sgfft 30. baeta.
Flarl 'a or LjirrUr font j $1 W&-S8
.Lul-x $401 25 .i.rjruo kir Wat; tftaTwe.
xastuvocu. imx 4 lb. Soakei. aOolftl 60.
.ImK Bltimitla ttler Has aUTaW
u ao n
10 do J1T4
IS do llfl
100 do 12
100 do 12
00 da 12
60 do... ......
end rin
23
XI
GRAINS UtllEGULAli
IN CHICAGO MARKET
Crop Reportfl of We6K Favor
ableIndia's Exports MUch
Larger
CUICAQO, June Il-Ther was a little
buying at the opening of the grain pit
today and prices started a fraction or et
above yesterday's elose. Traders, how
ever, did not show a disposition to do
very much, and sales were mostly of an
evening-up character. July wheat Tr&s
quoted at $L09, Up ; and September
$1.06, Just n cent higher.
Selling pressure developed later and
prices reacted. September fell to $t04H
and July eased off to $L07.
At the close July recovered to $LCT4.
while September1 ended the day Unchanra
from the opening.
The declining tendency of the gfaln
nmrket dtiring the last week, which car
ried some prloee to new low levels tor the
year, refleoted the brilliant crop promise.
The Government report, which cam
out during the week, showed a total Pf
676,000,000 bushels of winter wheat and
274,000,000 bushels of spring wheat, a total
of KO.OOO.OOO bushels. This surpasses last
year's yield by a round CO.O04.009 huiriels.
That tales of the Insect ravage were
overdrawn, as against the less excitable
reports of the railroads operating through
the wheat belt. Is denoted by the fact
that winter wheat loss In May Is now
figured at only 17,000,000 bushels or 2.5
per cent Wheat generally improved dur
Ing tho week, and the continued wet and
cool weather appears to have further re.
duced the opportunity for damage by In
sect pests. Harvesting Is under way lh
the southern limits of the belt, and the
crop Is heading further north and In the
far West, where It Is reported as bttnc
In splendid condition.
The exporting of wheat from India, ac
cording to advices from London, will not
be financed In tho usual way by the driw.
Ing and negotiating ot bills ot exchange
on London, but by the Government Of In
dia placing at the service of agent firms
necessary funds of Its own, thus avoid
ing flnanclnl transactions between Eng
land and India.
The Iatter's exports of wheat last week
were 2,608,000 bushels, compared with
1,800,000 bushels the week before, making
that source of export supply rank third
In International trade in wheat, and to
taling 20,800,000 bushels thus far this sea
son.
Leading futures ranged as followa:
Wheat- Open. High. Low. C1osJ"iom!
July l.on l.oou, 1.07 1.08 1.03)4
fceptember .. 1.00)4 l.OOtl 1.04K U.08) tl.05
Corn (now delivery)
July 74 7441 T3U .74), 73U
September .. T3J4 74)4 72)4 74)1 73)J
Jun 4TV4 .... .... 47H MTU
July 43(4 45), 4414 t45 mH
September
July "...
September
41 41 40 "4UT4 74014
0.53
, 0.82
0.63
0.82
0.43
0.72
40.47 ,52
19.75 '0.80
nibs
July ... 10.87 10.87 10.27 M0.27 10.a1
September .10.07 10.70 10,00 tlO.00 M0.67
July1!'."..,,. 17.30 17.40 17.00 17.10 'IIM
September ..17.73 17.80 17.40 T17.60 tll.TT
Bid. tAsked.
LIVE STOCK QUOTATIONS
CHICAGO. June 12. HOGS. Receipts. 11.
000; market SUlOc. lower; mixed and butchers,
7.357.7.1: good heavy, 87.20O7.53i rough
heavy; $0.0587.13: light, $7.4007.76; plge. $6,10
7.16; bulk. 17.3307.65.
CATTLE. Receipts. 200: market eteady;
bcevis, J7(!0.5O: cows and heifers. $3.5038.73,
Texan.. $7.8308.00; calve I8.SOQ10.25..
SHEEP. Receipts, 5O0O: market steady; no.
tlva and Western. $412683; lambs. $7810.00,
NEW YORK BUTTER AND EGGS
NEW YORK. June 12. BUTTER-Mrkl
steady, Receipts. 8724 packages. Extra, 289
2SUc: higher scoring. 2S)4C2oo.; State dairy,
28c: Imitation creamery. 2382.1)40.
EGOS Market Irregular. Receipts, 12,488
packages. Extra firsts. 20)40210., fresh gath
ered; first.. 10S2OC, fresh gathered; nearby
whites, 24023c; mixed color, 18VS921C; nearby
browns, .22)4023)40.
To Sell Graves Securities
By order of the receivers o peremptory sale
of the personal holdings of N. Z. Oravea will
be held on Monday at noon In Room 130, City
Hall. The list of securities to b offered In
cludes many sharea of atock of the failed N.
Z. Oravea cempan and mortgagea and bonds
on Cape May real estate to the extent of several
hundred thousand dollars,
FOREIGN TRADE CHANCES
Tne oI!ok("i7 Uat ef erporfuslflea or Amer
ican manufacturer in the tartion trail art
pivtn by ne .Bureau 0 Forelpit ond Domtltto
Commerce, Depa.rt.ntnt 0! Commtrtt, ond ad
ditional normnt4iin mat he had ov corre
spondence, trfvlsff the file number,'
No. 17,182, cement and gasoline, etc. A rep
resentative of a commission firm In Colombia
Is in New York city and desires to secure
arenclea for the following- goods: Portland
cement, gaeollne, dl. electrical appliance., sg.
rlcultural machinery, drugs and chemlcalo,
rubber gooda, cotton goods ond outomobilea.
New l'ork and Colombian references are given.
No. 17,183, flour, rice, hides and aklna and
leather. A firm of Importers In the Island of
Crete haa written a manufacturer's agent In
New York city stating that it desires to receive
oflera and quotations from American exporters
cf Hour, rice, hides and skins and leather. , A
New York firm sutes that It haa transacted
aatUfactory business with the Arm In question
for many yeora. ... , ...
No. 17.184, cyanide ol potassium. An Amerl
con consular officer in Salvador atatea that
cfflcUls or a gold-mining company in that
country desire to moke orrangamenu xor the
Importation of obout 20 tons of eyonlds of
rota.. turn eery three montra. They are
urgently tn need of thia commodity.
No. 17,183, dextrin. A firm in Switzerland,
which la engaged In the manufacture and sal.
of chemical-technical products has written on
American consular officer stating that It
wishes to communicate with American roonu.
facturera who an in o position to deliver light
ond dark dextrine for the manufacture of slue
and other adhtslves. It la staled that tho Brm
oeatnta to purchase considerable quantities ot
this product which Is Intended exclusively far
tiwleo consumption. Correspondence should be
'nNoll!l8a, overahoea and cement, An Ameil.
can corisuur officer In one ef the insular
Louesslona aUtea that o Ursa department
tioro haa doclded.to tnatal o 3epartme for
ri. ..1. nr ruhhar overahoea. Catalogs, prices
ind full information, are desired I It Is staled
obourWc."Vld:"irial".UtYh.l
iheri la o market In the Island for cement,
aSch as U used for giuelng rubber tire;, eta.
K la stated that the cement la jUaamed with
chemicals and pay o duty of 18 per cent, ad
valoVem. Correspondence may be In EnglUh.
but catalogs, etc., should U la the Portugueaa
1NoU,fLI87. mochlaery, pumpa, etc -A busi
ness man In pata informa an Amerlcon eon-
rrm.n. H$!Sr&& aU ft
desired. CorrMpondeiwe and catalogs mo o
In Bmllah -
BRADEN COPPER
Wo hove rtody for dUtrtbotlon complete
nolytlcol report on the above lue.
HUGHES & DIER
Hankers and Brokers
Slembert of the Fhllodelphlj. Stock fttehsage
1435 Walnut Slret
flilLADHLl'RIA
ANNUAL MEETINGS
riilLADBI.PHIA COMJPANY FOR
flUABANTBHINO SIORTOAOJBel
2S4 WHO )li ""Vl'ijjX..
-.j,.! itujrfl.600. Surpluo, $500,000.
Cap", "'id.ipfcia, une II, WIS.
Th, annual meeting ot the stoekhotdera
nt t hi PtUdalBbla, Cexeposy tor Gtttf
tL MHtVHM) w P held ot the oas. t
lh. oumwiT M Load Tltl. Bulldta,
CrtSe iaaitng yeor, ad to tietssaet mA
y oraor of tho Buord ot Dirtora.
JIUlBL C. BDMONDB. etecr.toiy.
,,.n AnivHTiiiainicrTa
-. J "cOMHOrvKStTK TIL tOtntfH
att. & iamiissgs..'ii
mitUburt, Juno iat wis. w
ta bov
HMRBKitr catAY rXtflr !'
Xeakiait)
SANLV 'WT
11U Hepheo Qiroi.t BU t"'i -
m
$mm