EVENING LEPGlim-PHlLAPELPHIA, MONDAY, JUNE 28, 1915.
ST- : r L- uwiw- muaifiam ma( juvjixjai, J U IN JU 28, 1915. H" v-
SURPLUS ANDJLQANS OF THE LOCAL BANKS SHOWED INCREASE DURDW
PAL PRODUCTS ROSE;
COPPER SHARES STRONG
tp i
Idvanco in Former Attributed
B"x T nftrn Vnnrrrn Win
kiu "- """ ""
Specialties Inactive.
r.r YORK. JUnO X8. W 11110 801TIB
l were recorded In the lnltlnl trans-
10118 Oil U' aiU-l awihhbu vua itiu
e ihn mnrket was distinctly heavy.
S within a few minutes realizing snles
'i pUt "111 m Buuii txiuuui ua iu urillK
t a reaction alt around. At the tower
fill gome support appeared and prices
'ltd Bomewhat, with the coppers and
Ttesdlnir nhd Steel, In the fore on tho
jtery ao inuiiut, mi in uij, was
tfular. and ft general waiting tone was
$in evident.
!i very small pari or mo trauma onmo
Sm commission houses, and the lncllna-
n was to hold up mahlntf new commlt
fjnta pending Germany's answer to the
'nlted Slates note, wnicn uispatciica
Bted would be handed to tho American
mMisador at Berlin the' rirst part of
fit week. It was pointed out that the
one of the Gorman reply would be very
Slid, and that somo of tho demnnds of
his country would probably be granted.
Jrhe downward turn wan led by Cnna
Jin I'actno and United Btntcs Itubber.
The former dropped 1 and tho latter iY:
'be fall In Canadian Paclflo was duo to
vrenewrtl of foreign Belling, tho supply
living been temporarily out off on Hntur
Ufi when tho London 'Changa was
loied.
iki a matter of fact tho early decline
ui more duo to foreign selling than nny
Mnir else, Heading ana Steel coming In
'tl & considerable amount. Both Issues
rre well supported In tho face of this,
ted after yielding slightly, both came
iMlc and beforo midday they woro strong,
iburlng tho afternoon session the mar
ket was vory quiet. Thcro was some
(Strength In spots, but as a rulo prices
were Irregular. Tho coppers, led by Utah
Copper, with tho railroad shares, showetl
th most strength, whllo the war special
ties woro, with somo exceptions, a frac
tion under, ana iittio attention was paia
to them. Tho rise In Utah was duo to
rumors of an extra dividend.
i'Among tho railroads, Now Haven
showed tho largest gain, moving up l',i
before 2 p. m. iiuDDcr ana uanauian i'n
'clflc remained weak, but both recovered
from the low. Tho market closed Irrcgu-
Buir. Tno feature of the afternoon was an
ftuV'UltJ UL 1V4 puiiiia ill skiiiui.uuil -wua
Products, which was attributed to larger
Timings from tho manufacture of anallno
fares and sulphuric acid. General Motors
aiovea up -;2 ujiu uuuuriuu . puium. cop
per shares wcro strong to tho close.
BANK LOANS LARGER
WJ
Philadelphia Institutions Reported
Small Gain in Surplus.
RComparatlvoly narrow changes wore
Blown In tho weekly statement of the
local Clearing Houso banks today. Loans
upanded (830,000, whllo Individual dc
PMlts fell JMS5.00O. Thcro was a slight
acreaso In tho surplus reserve, which
i now close to $19,000,000. Details follow:
Leant
rvrojlts (tnd.)
Circulation
Dvs from banks
Deposits o( banks...
IX Clearing House.
Reserve held
Hiitne required ...
Buryius
Juno 28, 1015.
..JUO, 047,000
.. asH.n.ii.ooo
. . 11,270,000
. . r2,oo:s,oon
. . 13S.541.0UO
. . 14,01:1,000
.. 113,430,000
. . 04,400,000
48,010,000
Increase.
JSSO.UUJ
l,485.O0O
:i,ooo
3,501,000.
40,(100
1,20:1,000
KSS.ooo
1:17.000
-Tl.WU
EBarplus under old form: June 20, 1014, li,
(MOOO: June SO, 1013, J0,781.OcXI; July 1. loi2,
m,u3l,wu- June u, 4UJ.J, si.,vw,ow: juno m,
...0. 4.S70,760.
.-jjecrraso.
BANK CLEARINGS
GBink clearlnzs today compared with corre-
iRoaoing aay last two years:
1015,
inn.
1013.
PFMUJolphla $21,421,427 24, 741,172 S2.1,ll24,nS
Boston .... 10,830,572 10,3.11,80.-,
INIW York... 227,00,1,008 218,1)0.1,01
BlBlCSgO 4 I, I4-.B0L
t7.B21.0V,
238.022.711
C3.077.UOS W.417.S83
RATES FOR MONEY
& - Oill. Tlmo.
riUadelpha 3UfM 3W4
Korork 13 Sh&Hi
Euton , n mm
tiro TOO l 4 Jli
ommerclal nnner. thrra tn nlz Tnonthx. Phlla-
Dytlila, 3!1 Dtr cent.
"Reserve Banks' Discount Rates
Days
30 or SO or 00 to Over
i an nn .nn
fMidelphU 4 4 4)4' 0
JS'lw York , 4 4 M 4W
Botton 4 4 4(4 &
Clerelinri .J 4 4U R
Richmond 4 4 4 fi
Atlanta ,...X...:i.. ... 1 4U S S
mcato 4 4 454 ''hi
ft. Louts 4 4 41, .'.
Ulnneapolls 4 4 0 B
Kinua City 4 4 4W 8
piUt ,. 4 4 4 ? ii
tin Vranctaco &M 4 V4 0
FOREIGN EXCHANGE
l!iT.W YORK. Juns 23. Tho foreign exchane
lEarktt opened romlnal, with demand sterling
v oieriinir, rnnci, mam. .,ics.
Ctblo .. .. 4 7k IIIUU S1H U.02
IDlnund .... 4,77Vi 0.B3 8111-10 0.0J
GOVERNMENT BONDS
T1I.4
' or iiuo reststerea ua
of 1030 coupon 07
rtnima 2 registered..., OT
ruim& new 3a reilstered loou
fl M ltS reclatered.,..., lOOJi
Met lillS coupon , l'oii
(s of 1935 reslstered... 101! ,
Mot 1023 coupon 110K
NEW YORK CURB
Alr1Aptfan 9ln QVIL
Ittn 7lV A MMHfffMMH" "i V?
Copper TjC
iia-American r oia iov
mwn-American T now,.,.,.,.,., iWi
ouiriii nnii innian ...... .,
1,.I -- (t si
) UAQ ,-.,.. t
ft t-op ,,,... a;
yil YttlUy CJ Salw... 160
?,,avV,..r.. -::i-:s U
J.-... "Mill MlftlMMIMIttM "
bco rroducU '.
JTT T"1 WWITJ. ""'
wloo wiar ucorM prei t
FVU lm i
n uold
Asked
OS
Ask.
m
ML
I 7
a t
IT" ,
7?1
(HI
a
18
a
$75,000,000 Cotton Goods Exports
TASniKOTOK. June 28. JmJgtnc from tha
5 u nuuitbs the Departroeiii m wjrainen;.
hy pre4tcted npproxlmttelj- I5.000.000 col-
tuvo. ezporis tor iu iu4 I", -.-CO
fnvnrohU trndn balanoi. Illthirto. the
trtmene Bfuiail. tha manufaetursu OQtton
ko. has been the other way, esc.pt In
t, when It was tl.000.000 111 Amerln's
&WW.
Plan for Wabash Reorganization
!UW YORK. June 36 AoaounoMOent 1
by the WalUca Commute of a plan
t, tn ruranlutton el In. waMMD inns
trill rruilnl Railway. Th. ceminltlM rp
Mou ih bondholderf, and imsto 1U pus
Tur...i..r.i u.iiw.u u. 1 1 1 fall ontlrttlv Into
e baud u thu first mortsag. bondftoldT. on
Jrm.ru ui i u per cil SMSMrn.nt, Mill
Ww on each ?1(XW bond. If Uw .lint
Wuvd l.nnW..IAa a nAl avail IM1B.
Kes or the uuuortuuUy oaTarjd. thaewad
r.a uunuDoiafni nan ttg iw !! n in.
Say part whkh itmatos unsubecrlbea.
Plan provides (or wiping out the flO WfL-
pil A bv th Wabash Railroad It would also
r ttte alale or SOU.WSJ uonwyw wmnw
and leave only a kvndeJ debt or about
It U pr6Mi w lnu a o"j
who a capital slock u "
nt. :..,. I ... . t h rAiraaO id.
maoagua ooaUuJ u.c Tcriuluil Kullay
wauwsne a eeyiua '"""
DIVIDENDS DECLARED
too Suburban Htectrlc Cunipeulef tfH
HI i run uU pref.rri'd nil stile July u to
t lu.urd JvjIv 1 . ..
New York Stock Sales
IMbkSHaMkhaasa.MBBMHMB.
.. . 1
AMVaOoMMIntj.... 39,1.
J Us-ChMm Mfg I8i
Ust ClO,. Hh. iw.
Allls-chalm llfgprif
wigr wncmtcai
AraBcet BUMt
AmllratcnH A V t c
amalgamated Copper.
w
52
60
103
76
38),
18
S2
60
Clot.
17'.
61)1
r,2
40
Am can :.". Vr,i
100!
Am Can nnf
Am Car & Foundry. .
Am Coal Products....
Am Cotton Oil
AmlIldo& liprff,..
AmlcoSfcutlllM...,
Am Iocomollvo . . .
Am Looomoilre pref.
momctt net.
as
17f
63U
103). io3 van
"OH 74H 76)
4651 Wi Am
100) 100)f 100X
,60 6T 55
100)t 105). 109)
4(1 4.1 ar.
t) 3M atx
20' (
61
08
M
20J,
62
OS
81K
20)f
6t5f
03
103M
mt
105
40
34
20
61l
07
Am 8oir !!;;.. ,S '?
i... :"""" iU(Jl iumh 111s
Am tS'pmW I07 W!of
AtchUon T & s P p lot 101 lmt, nln
Atlantic Coast Un. 0 on' Jffi" n"
ooi tiiu no
102)j 102
77Jf 77)
71'( 7M
103 103
M H
Datdwln Xjun
Baldwin Loco pref..
llaltlmoro AOhlo.,.
"alt & Ohio prcl...
Bank of Commerco. .
naiopuas .Mining.
102
77
71H
103
m
(Ml
102
77M
71)1
103
IJethlvliem Steel i70)i nofi 109"
Brook yn nap Trans. 88 83)4 88)
Brooklyn Union Qaj. wt ij?" 197
Butto & Superior..
-ai i'etroleum
Canadian Pacific
Cent Leather Co
Chesapcako & Ohio , .
Chlno Copper
CMo Mill & st Paul.
O 0 O & St L pf. . .
CM II I ftp
Col Fuel & Iron
Comstock Tunnel...
Continental Can pf . .
Corn Product" Ilcf . . .
Corn Prod. Hcf. pf . . ,
Crucible Steel
Cuban-Am. Sugar
Distillers' Securities. . .
Del. & Hudson
Den. & 11 lo nrande . .
Detroit Edison
Dome Jllnfs
Dul S. 8. &Atl
Erlo
Ella 1st pf
General Electric
General Motors
General Motors pf . . ,
Goodrich, 11 K., Co.
"2i 72 71
14M 14) 14H
143 147M 140K
40) 41)f 40J
30
40J,
01
mi
17 J
32
15
8)i
15
70)
20!i
89
27
30
40U
01
mi
10)(
32
13
03)4
15
78!f
205i
80
20)4
170M
88)4
127
71)4
14M
140X
40)4
30
40W
01
68)f
10)4
32
15
08)4
16
70)4
20J4
80
20)4
an
40
01
67J4
10)4
32)4
12
00
14"X
703i
30
83
27
147J4 147J4 147)4 147)4
' 0)4 Mi 5)4
115)4 115)4 115)4 115)4
17W 18M 17)4 18)4
4)4 4 -1 4
2054 20J4 20)4 20)4
41H 4M 41)4 41)4
171 171 170)4 171
153 155M 152)4 155)4
102X 102)4 102)4 102M
FOlt Rflz R11 rue
n.r.;:u ;; .. -.-. ."." "' "" ."i"
uuuuiiui, H.t' t,o, pi 1U2 1UJ 102 102
Great Northern pf ... Ii8)f 110)4 llSJi lioif
30)4 30)4 30 30
ran m n.i nu
juujs iuo
22)4 22)
75)4 70
31)4 32
60 50
143)4 114
100
22)4
76)4
31)i
60
100
22)4
75J4
31)4
50
143)4 143)4
81
125
40)4
34K
75
10)4
70
18)4
05
02
ro
120
40H
354
7f
10)4
7,'f
20)4
102
00)4
13)4
05
03)4
15
89)4
05)4
3'M
Gt.N.cfs, for oro prop
uugconhclm Diprn.,
Illinois Central
Inter-Met vot t c,
Inter-Mot pf
Inspiration Copper..
Kansas City So pf.,
Lehleh Valley
Deceit & Myers pf.. 118)4 117)4 117
Aiacicay cos
Manhattan El ctd..
Maxwell Motors....
Max Motors 2d pf..
Mexican Petroleum..
Mo Kan & Tnriu. ..
Mluntiri Pndflp 7uc
Miami Copper 25!4
Montana Power rif... 105
nat cioak a suit....
Nat Enamel & S
Nat Lead
Nfiw York Air TtrnVrt.
Nevada Con Cop 14)4
.now ion: ucnirat... 80)4
N Y N II & II 01)4
M v n iri in
Norf & West 103K M3K in.tw in.1M
Northern Pacific 107 107)4 107)4 107)4
Paclflo Coast 1st nf 7fi 7S 7f.
Pacific Mall 31 3154 3-1)4 34)4
I'acmc TCI & 'lei.... 32 33 33
Penn II It 10OH 100)4 100
i-eiiiDone-AiuiiiKcn... 4ut 4U 4U
Plttsbureh Coal 22M 22)4
Pressed Steel Car 49)4 48)4
Pressed Steel Car pf.. 03)4 07)4
Quicksilver 2)4 2)4
Quicksilver pf 2JJ 3)4
Hav Con CoDDer 24 U "i(
Ilcadlne 150 151 140)4 140)4
85
20)4
!4
)4
4)4
7)4
12H
7)4
14)4
35H
88)4
10H
64
70)4
37J4
14
03
654
128
81
5854
04)4.
40
2)4
17
33
60)4
0
120
40)4
35S4
74)4
10)4
7)4
20
102
00)4
18
04)4
02
15
80
01)4
29)4
2)4
48)4
07)4
2)4
3H
24)4
117M
79
120
40)4
35!4
74)4
10)4
7)4
20)4
102
C9H
18
05
03
15
89
n-iw
30)4
33
100
40
22)4
48)4
07)4
2)4
.114
24!4
Heading 2d pf 84K 85 85
Hep Iron 4: Steel 20)4 2034 29)4
Hock Island Co H !.' )4
Hock Island Co pf... M )4 )4
Ituraley M Co Hi 4)4 4)4
St Louis & S F 7)4 7)4 0)4
St L & 8 F 1st pf... 12 12M 11
St L & 8 V 2d pf... 8 7)4 7)4
Seaboard Air Line.. . . 1434 15 14)4
Seaboard Air L pf.... 35)4 35)4 35)4
Southern Pacific 8S)4 8SK 88
Southern Ily 10)4 1034 10M
Standard Milling 63)4 54 64
Studebakcr Co 70 70H 77)4
Tenn Copper 37J4 38 37)4
Teias & Pacific 14 14 14
Tobacco Products pf. OSH 03 08
Union Dae & Paper. . 6H 6)4 5)4
Union Pacific 128)4 128)4 12734
81
63)4
OIK
40
3)4
17
3J
61)4
80)4
58K
01)4
40
2)4
17
32
48M
Ilnlnn PucINr nf RTIK
U S Ind Alcohol 50H
U S Ind Alcohol pf.. 04)4
U B Itealty & Imp.. . 3S)4
U 8 Hod & lief 3
United Ilya Invest.... 10
United Kys Inv pf... 31
tl U Dnhhar Klt
U a Itubber 1st of.. . 100M 100)4 100)4 100)4
U 8 Steel 01)4 Gl)4 00)4 00)4
U 8 Steel pf 100H 100)4 100)4 100)4
utan copper vin ut?i u uo;i
Ya-Caro Chcm 33 32)4
Va-Caro Chem pf.... 07J4 03
Wabash pf )4 H
Western Union Tel... 00)4 07
Westing E 4M 100H 100X
Wheeling U E .... 2 1)4
Wheel & I. K 1st pf. 7X 0
WWI T. K M nf. 214 '1
12S4 WU
32)4 33)4
03 08
m a
07 07
00)4 100
Willys Overland.
Ccnta per share,
Total sales. 271.100
1
4
2
120
1
4
2
130
shares, comparsd with
410,000 shares last Monday,
COMPLAINS OF COAL RATES
I ii,elui. n. U
i in who aioiiinui aa.
H. .ilia i l(e lull IV
i unu(aci.urUJ Co(uimu.
tjbl July It to atuuJt
Charges of Lackawanna Alleged to Be
Unjust.
IIAnillSBURa, rn.. Juno 25.-Com-plnlnt
was mado today by W. P. Boland,
of Scranton, before tho Publto Service
Cororaisalon against the Delaware, LacK
awana and Western Railroad, alleglntr
that tho freight rates on anthracite coal
are unjust, unreasonable and discrimina
tory. He asserts that lie Is unable to get
rates that ore extended to favor ship
pers. Poland's complaint also alleges that the
railroad company has for the last 10
years Interfered with the successful
operation of a plant In which he Is In
terested and that Us purpose Is to eliml-
nate competition.
Following tt conference here today of
acting Chairman Alny with the heads
of the various bureaus sf the Publlo
Servio Commission, the chairman said
he had formulated a plan by which meet
Ings of this character will be held on
Monday of each week, so aa to expedite
the work of the Commission. By this ar
rangement be hopes to evolve a system
that will bring about the disposition of
complaints and ether matters without
unnecessary delay.
WILL CLOSE SATURDAY
Now York Stock Exchange Members
Vote for Holiday.
NBW YORK. iwTv The mwaibers
f XT New YK BteaJt obM have
oted to close all day Uwy-
It U uY up tn tl Ctovernow
penilonfunew to t1"
Barding the holiday prUiig Jftne-
, Z that defln.te acUon will
"taken th.n Nothing has yet been
Znl .,,, "he Phl.adhia, S, as to
closing Saturday.
DAB SILVER
New York Bond Sales
JCCO Albany A Sti.q sMs,.?.,jJh"
JWO Amr Airr 6. ....... ..100M
Mhn Am Mn.,1. Cam Aa .. i rut
Josoo Amer Tel evt,4H' 101 4
to ( M. V'iti
000 rto ot 4s Ilisa,
14000 Armour Co U V3l;
4S, .i.i.t,
' do 4s .in 8?H
'do cv 4..... S7
' Halt ft O Bfrn SHs,.,t 87H
is. ,...J1J
.m
.n.l.illiH
ist a,., m
s.;:.":;.'iicj
. 79
:T
450!) Atihlson adl 4s, ....... K)
jww no OT 48 iM. .,...,, si;.
10U Atlan Co Urns clt 4a.. 81
(nv uau a unto shs.... 01
ovw ug i
2VW
1M10
liyu; iicth Bteel 1st Cs leg!
?." u.a os, . mi.,. ,1, no
1000 Brook Hap Tr 4 ,8754
nooo do cs ltfift .1.. loo
owo Cent Lenthtr 1st 6s... vvK
2SW0 Cent Eao 1 4t 87S
i."y m ii n J ds. i.i.jij
iw ;nra a u OT 4WI
4C000 Chile Coo 7s...
4000 Chi at West 4s,
2000 Cht A Nun BU f
oiwj cni u ft g joint 4s,,,
yrvw ua Hsn IS, ., . , ,. , i , , 1
180W O iM 1 StV nisritl
RKX) do ot 4M. .,.,...,,, 07
00O a St 1 M ft o deb Ss.loi
loon Col & Bocth 1st 4s... 80'
Sooo Con Oaa cv fii
inooo Den ft ilia ur 4a...
uopi) jits bta corp tt....
10UO t)u Pont 1'owd 4Us.
41X111 IZrlm I.H., tit
Hooo do 1st eon 4s lootf
.000 dmn Day Cs.. ......101U
r.000 Hud ft Man in (1
6r.0OO ill steal deb 4U 88
low Iowa Central ret 4s.... BOW
17C0O Ina Con cv 0s. 18U4
rooo Interb Met 4H 78
10000 Interb It T rt Bs.... ti74
C00O Inter Mar Mar 4Ui.. Bill
HOOO Jap new Oer sta -t'ls. 78
10O0O Lnclca 8tcI Cfl 10. 11i
8000 l.aka flh deb 4s 1028. 01
1000 Lake Sh dtb 4a 11)31.. liOVi
1000 l,ltf ft K T P 101)4
10OO I.Ik ft M T 7a. 1MK
1000 Lonir Island B 103S
1000 Lorlllard 8 OSH
r.CCO Lou ft Kaeh col CI....102U
8000 J -oul ft Nash 4s Olf:
W0 Minn ft 8t U 4s Mli
tnf Mo Kan ft T let 4a.. 74
70"O do 2.1 4s ltd
"uoo Mo 1'aoino 4s no
BlOW tlo cv 8 .11
10(10 do col Bs 1017 .... 00i
1CKO Mont Power Bs tin.
KWil N V Airbrake cvt fis. , 07H
nooo k y c-m c cot ails... ;o
20H0O H V O ft II .1US 7011
I0T0O do Cs rets
2.'0"0 do 4Vis ,..
1000 N Y City 4s 1039. .
4000 ds 4Us leC4 ....
H0O do 4s Nov 1051
100O N Y rtivr n( 4s. .
22000 do adj Bs
nnoft N Y Tol jen 4VJs
1PS0OO Nor Pao prior 4 a,..
IXW d am 8s
8000 Ore Hhort 8 I. 4s.,
uofi do 1st cs
UftOOO IMcltlo Tel Cs
1000 Ponnn cv 3Hs
nooo do 4s 1018
11000 do ct 4H
roOOO do Ron ct 4s
IdOOO Hay Con Copper (Is.
MC-00 Ilock Island rtd 4s.
Low. Clote,
8$ 85
lwH luo',i
100 100
101 101
02 02
824 82)4
lOOi 101
84 81
wi i
is s
lcoji loou
loo loo
ua . lif.
.72 .7?
Ill I!
lait,
a.;
H7,
00' t
111 'J
. Vfiji
?I8 ?IS
ssw
?4
81
TIMI 110 OS
10OO fit t, I 3t ft So 8s..c
C00O est Ii ft 8 P rfd 4s. ..
I'OflO Ht V M ft M 1st 4s..
roCO Senboarrt A I. adj Es
nooo Hmith Hell ri
2000 South Psa 4s
10ru) nnuth Van cv 4s
mboo ao ct rci r p on iujs.iu"
M0CO South Pno rfd 4s M
15000 south nwy son 4s. . . . nt4
iroo tiouth Kwy con Bs onjj
MOOO Texas Co ov Os loo,,
6000 Thtnl Avo new 4a.... MM
1000 Third Avo adj Bs... .77
100O Tol ft Oh Cent 1st 6a. 101
1000 It B Realty Bs 72
100O V 8 Hubber Cs 102b
miwiit a ml fi 102
wnrr. ll.i.. T. m 1 . Am . flM
4000 Union Pao cy 4 8JJ
110OO union i'ac na is...
14000 Wabash 4s
1100O tVabash 1st Bs
ROOd IVabaah 2d Bs
2.1000 tVab-P Ter lBt ct 4s.
WOO lVest T:iea Bs ...
7300O West 13 & M rv Ss.
,am 1V..I TTnlnn LUtM....
imro Wheeling- ft I. a 4a... B0
Total anles. $1,810,000, compared
0CO last Monday.
ltflll ll
osv nstl
12l 12tl
ret Cl
42
IMl
R7l
..20JI
.1001?
: 5U
.10l4
.10.1'i
. 01 1
20U 20V,
ioo4 iooj4
ion; lorn
IOT'4 104
oiI nm
E0 BO
rltll 12,010,-
MINING STOCK QUOTATIONS
TONOPA1I STOCKS.
Jim Butler
MncNamara
Midway
Mlrpah Hxtonslon .
Montana
Northern Star
Tonopah Iielmont ..
Tonopoh Extension
Tonopah Merger ...
Tonopah Mining ...
Rescue Uula
West End
Btd.
, .07
, .0.1
, .in
, .24
, .28
, .IB
:?o1
, .78
QOLDFIELD BTOCKS.
Atlanti
lllue Dull
llooth
Uulldoe
C. O. D
Combination Fraction
DiamondHeld D B
Dalny
Florence ;';:
Ooldneld Consolidated
Qoldrtold Merrcr
Jumbo extension
Kewanos
Oro
Sand Ken
Silver rica
. .R0
. .01
. .B0
. .03
. .04
. .08
. .01
. .03
. ,B0
:
.1.B8
. .11
. .01
. .07
.. 10
Falrv Altec
Klnineny
Nevada Hill '....
Nevada Wonder
MISCELLANEOUS.
, .02
. .03
. .23
.1.70
Asked.
.OS
.01
.18
.23
.31)
.17
SH
.4t
7"l
.1U
.80
.13
.0'.
.02
.01
.03
.10
.04
.07
.BS
1.1)0
.10
.10
.08
.u
.0.1
CHI
.23
1.78
LONDON STOCK MARKET
Heavy Accumulation of Tenders for
New War Loan.
LONDON, Juno 28. Irregularity char
acterized dealings on the stock exchange
today. Business was on a small scale.
Brokers Indicated that there had been
a heavy accumulation of tenders for tho
nOW TTUl luan ...... ...w ....-..-,
further sales of consols and old war
loan. The latter was Quoted at 93.
The additional decline brought support
because It Is becoming Increasingly
cheaper to acquire the p.ew loan by ex
changing through old Instead of bidding
for whole amounts as required In direct
negotiations.
There wbb firmer tono later to Ameri
cans in sympathy with Improvement at
New York, but Canadian and Argentine
rails weakened again. Steadiness pre
vailed In home railway shares. There
was a disposition to await action by the
Government on prices for coal. Heslta.
tlon was shown In rubbers. Largo ar
rivals of the staple are Impending. Mines
lacked steadiness. Boyal Dutch Petro
leum Issues were firm.
German Bank Gains Gold
TiPiiLlN. June 28. Tns statement of the
n?!bhlbatilc. issued June 23, shut.. Increasea
?f metal atockV. treasury csrlltlcates and notes
Sf Mher binksof bO.BSfl.OOO marks (:0.13J,7Bq)i
liia 2 887 000 marks hfc0.2BuS deposits. 103.
lTiaa marks (I2b.45T.230)! dscreases In dls.
ints ot74.0(. WO marks (I IB. 600. B00)i loans.
? ill 000 marks msV&o); treasury, b lis.
J'mJ'oS) marks (f 888.60057 note circulation,
ib!los!ooo mark (14.7TT.OOQ),
Average Daily Bank Clearings
Tha average dally bank clsarlnts for the first
Quarter of tUe year coiopara with 1811 as foU
lowst ioi5 1011
Jun HIHlfrJffl 'iS-IS-
";. ::::::::::;: losSooo boo:tti:ooo
April ", ino airinvi eoo 089 Cm
First Quarter ......t ,i."i"- ,-,-,--
NOTES OF THE KAIL
nates ranging from i cents to BW
cents per hundred pounds on Imported
wood pulp from Boston to New England
points over the Boston and Maine Ball
road today were declared reasonable by
the Interstate Commerce Commission.
The Interstate Commerce Commission
today refused commodity rate provision,
Chicago to Ds Moines, because It U
needed also to other low points, but said
It must set If shlppera and carriers did
not agree Uy August 1.
The Bulg
the market
nit Railways are In
,r IS locomotives.
SUDDEN SETBACK
IN LAKE SUPERIOR
Appointment of Receiver for
Algoma Central Terminal
Caused Selling- Movement.
The appointment of a receiver for the
Algoma Central Terminal Company, a
subsidiary of tho Lake Superior Corpo
ration, wna responsible for a sudden drop
of more than i points In the stock or tho
latter concern on the Philadelphia Ex
change this morning. Offerings were said
to be partly fer foreign account, and con
siderable stock came out on tho break
from above 10 to 8!l. At this level sup
porting order made their appearnhce ahd
the dectlno was checked, The quotation
then rallied to around 9, where It re
mained during the latter part of tho ses
sion. Over 7000 shares changed hands.
There are two other afnllated companies
of the Lake Superior group which have
defaulted Interest on their bonds, but
holdors agreed to fund tho payment,
whorona In tho cose of the terminal no
such arrangement was mado and a re
ceiver therefore had to bo nppolntod.
Just what effect this will have on
tho already complicated affairs of the
Lake Superior company is not clear as
yet. Incidentally, an official of tho com
pany was. quoted as saying that so far
comparatively few orders for war mate
rials had been received, and that tho
plant wns only operating on half time.
The appointment of a receiver for tho
Terminal Company Is In lino with tho ap
pointment Inst March of receivers for tho
Algoma Central and Hudson Bay Hallway
Company, which lenses und owns alt tho
JIOO.OOO cnpltnt stock of the Terminals.
Tho Algoma Railway Is controlled
through stock ownership by the Lako Su
perior Corporation, which guaranteed tho
principal and Interest on the e3.000.000 first
mortgago 6 per oent bonds of the Algoma
Tormlnals, on which tho semiannual In
torost duo February t lost was defaulted.
The present proceeding was Instituted by
a London commltteo representing tho
bondholders, nnd D. M. McCIolland linn
been appointed receiver for tho Termi
nals by tho Canndlan courts. It kas stated
today that an amicable funding arrange
ment would probably be reached and that
all tho Algoma companies would bo re
organized. Tho general local market remained prac
tically unaffected by tho fall In Superior,
prices being -well maintained around
Saturday's closing levels, Demand de
veloped for Philadelphia Eloctrlo In odd
lots and the stock seemed scarce United
States Stcol fluctuated Irregularly within
relatively narrow limits, whllo the Bald
win Locomotlvo Issues and Cramps' Ship
building wcro Inclined to sag on small
offerings, General Asphalt moved up a
substantial fraction, while Pennsylvania
Salt receded on this announcement of the
regular dividend. Homo hope had been
expressed that a larger payment might
bo made.
PHILADELPHIA MARKETS
tlem: Oar
Sales in Philadelphia
S3 Am Oa 100K
iu Am ifvs orer. . . im.
0U3 11a Id Loco
Sat. close, Illeh, Loir.
sa
proi... i'"4
CO CTtt
w go nrac mi
100 Bult A Suspf t 0 40
20 Cam riteel 40H
100 Cht Ot West
210 (len Asphalt ...82
233 do pref "O
H Ins Co N A 22
73IU Laka Sun Corp. 10
ISO Lehigh Kav ... 73H
100 I. Val Tr pref.. 20
n North Fa HOVi
1107 Ta R II B3U
2(1 Pa Salt Mfg. . . . 89i
20 I'enna mi prof. B8
100 Thlla Co 33
no Fhlla Elco 23U
200 Phlla 11 T n
8 Phlla Tract i
1033 nradlne ...
lfiV) Tonooa
60 Tonopah Mln...
20 Union Tract. .
80 United Q I ...
2343 U S Steel
SO Warwick I & 3
150 Wm Cramp t o
Total sales, 10,010 shares,
24,300 shares last Mcnday.
BONDS.
Last prev. sale,
lioo Am oaa t J'.i ss bo
1000 Ileth Hteel ls...lin
Z5 cam till acp -m ua
7at do 11)17 07'
?nm, T!l Peoo Tr 4s 78
1000 Eqult HI (las Sa.lO.I
sooo uey lei jsi os.. in
imn Tj.h N'v ens 4Kb D0:
1000 do Coal Os.... 101
700O do cons Os..,.. ..
2000 Penn 4s 1031.. ..
13000 Pa Co (ten 4Hs. . BSli
1100 Phlla Eleo 4s.. 70
HOOO Heading gen 4s. C2U
Close.
1U0J IWft ims
nn ii )
07 K0Si OOTfc
102W 102J4 1021
sii 3J, n;
4t 4S 4l.
ui n ii?
r-i H2H a.
"0 till 70
sty, siy-i 22U
i? ToJ? Pn
IV.i Mi 2SM
01 01 01
B3 B3)( MM
(01 80 (t
BS BS BS
35 33 a.'.
S'4 "Si
74 74 74
71 18-10 73 7-in TOlk 7.75
nelm. 4 1-10 4 1-lrt 4 4
7H TS-10 7 8-10 7 3-10
ta 33 M 3
R314 S3J1 83 83
01W 6li OOj; 00
m OS nu "
02 01M 01 01
with
compared
llleh. Low. Close.
,h any oj'i n u
A 117 117 117
y tr.s vii vv
ii 07H 07i H7K
t4 73H 73t4 78
V, 1034 IOR'5 losti
If mnf mi? nlt7
n 11,71 "71 trn
(i 001 09K nuK
104 1IH J1H
110 110 110
OIV, 04 P4H
ns'J ni'J osi
SO 70 70
02U 02 M
Total sales, 911,033,
laat Monday.
copipared with 180,833
c
Local Bid and Asked
Today's
inn. ax.
Baldwin Wt
iwn
da nrcf
Buff & 8US( t
11
SOI
, 48'
, 1541
ttHJ
ion
(17
103
llVi
40
40
B-1V5
in
Test'dy's
litn.
UI14
iSH
104
00
40
Aa nref
ram Steal ..
Dec Storage.
flen Asphalt.
'.-:$ ill m m
UI VIM v 7J
.W 7$ 73 73H
:B Ilv S
. 2S 20 2S 20 ,
. B3 63U B3 8-10 63 B-tO
. 23K 23
. .1.1
. 32
SO
At. praf
Lake Hup Corp
Lehigh Nav
Lehigh Jaley -...
Li'hlgh Valley Trao
,1a Dref
Pennsylvania
Phlla Elea
rhlla Co !;
tlo o per ceni vt
.... i.trt nraf.
Phlla It T S
ao t o v
Iteadlnc ; P
Tonopan ii ,
Tonopah Mining TVS
Union Traction Jv
U Gas Imp "
II 8 Steel...... M
Wm Cramp t o ra1
311
Mtf
83
40
0
0
23U
83
82
80
0
0
T1H
23U
83H
S3
40
tl
'?.
4 1-18 4H
III .V.ii
84
At
62
83
83
flJH
81
38V5
3ti
GRAIN AND FLOOR
fc..w,IT,TlT"n,oelBt,i 4-M bun- Tha mar-
5',tIl,.nrSr b there was little ttadlnr, Oueta-
ko. 2 red.
m, neni-Duluth,
COHX Ttepelnts. Q.itfl i..-v. i. M-u
no!..1!' "". flrm uni" light olterlnia.
fiSJ,.''ln; Sr Iota for Joesi trade, as 10
RiiSU: TSSfg-' N' "UOW.WW-.I No. 4
..?'T?rnSc,l),' J.'122 bush Demand
!??" aid, prices were He. lower. Quota
UsV.i K2l,3 whe.. BlSrMUc.l standard
white, MOMMcs No. 8 white, 628B2140.
F1.0tk-.neeelpts, 1C04 bbta. and 000,080
me. In SAcks. Trade was nuiet and values
were largely nominal. Quotations, oer lna lbs.
wuj iniir,
!,li..0V. !SS!'. ,n export eleater-No
1lVio ' Northern
2M8 bueh. T
under light
:s ferjpeal tri
low, MUaSfe.!
i, 3 yellow, In
REPINED SUGARS
Tho market waa quiet, but steady. We quota
renners' list prices: Standard granulated,
J-lJo . eura fine granulated, b.io., powdeted,
JJOe. conrl!etlonera A, Oe.i ert grades, 8.28
CPo.Soc.
POULTRY
..'-Vr. Supplies were small and the mar-
Rll.J.u,r" "rm' w,.'n "wis nigner, uemand.
was. onir mooerate. Quotations
In
straight, i).t
28.76:
jute racks,
.clear, SAjhesBOj do.,
do , patent. 18,7800: Kan-
". siraigni, jute sacks. l8.40flB.B0i do., Bat
e!ldl,!., "cks.8S.M8B.T3i spring. Brst elear,
1HJS9I. .do., straight, 0fl0 S3 do., patent,
lOSSflurOi do., ravotte brands, id0O8O.8M
J 'It ,HU',i cnoicn snu lancy paieni, su,uuis
'."si CJ(. n'!l,,i regular grades-winter, clear,
3..S jpjj.BOj do.. straight, I3.B03.73I do., rat
em, o.7so.
llVn rLOUU-The market ruled steady,
cut there waa little trading, We quota neatby
and Western. In wood, at I0SO.B0 per fcbl., aa
to quality.
PROVISIONS
M The market ruled eteadr with a- fair
lobbing demand. . Following are the quota
tlone: City or western beef, In sets, smoked
and nlr-drled, 288200.; city beet, knucklee and
tendere, smoked and alr-drlod, 276230.; West
irn beor, knuoklca and tsnders, smoked, 279
'.ac.i beet hams, IJiedJl pork, family, 22U
.2.30, hamt, S. P, cured, loose, DSlJttci.do,
skinned, loose, I2i,iffl21ic.i do., do., smoked,
laiiffHc.i other hams, smoked, city cured, aa
to brand and average. 13H(tlic.l ham,
smoked. Western cured, 13KQ140.1 da., belled,
boneless, 22tt2Jai plcnlo shoulders, H. p.
cured, loose, lOHtfllc, i do., smoked, llOHHc:
bellies tn pickle, according to average, louse,
11UV12C: breakfast bacon, ns to brand and
average, city cured. 10317c.; brrakrnat bacon.
Western cured, llltft'c, ; lard Western refined,
In tierces or tubs, lonffllc; lard pure city,
kettle ren1erd, In tierces, lOKCllc.: lard,
puro city, kettle rendered, in tubs, lultVUc
DAIRY PRODUCTS
nurrr.ll. The market was qiilot, but
S rices were steadily maintained on line goods,
notations: Waitern, solid-packed creamery,
lancy specials, 80'ic.j extrn, 28Hc; etira
nrsts, 27t428c.i firsts, 27c; seconds, 20o.;
nearby prints, fancy, sic.i average extra, 2i)
010.1. do., fair to good, 200270.1 garlicky,
24020c.: jobbing sales of fancy prints, 8O38O0.
l.tlOS. Tim market waa Inaotlve, but of
ferings of strictly fins atock were moderate
nnd prices ruloii steady. Quotations; In
tree enses, nearby extras, 24o. per dos.i Hrsls,
so.10 per standard caso: nearby current ro-
icelpte, 13.53 per case: Western extra firsts,
M5.P5r.-CM8i ""'" ''83 Pc esse; Southern,
1.801(8.40 per rase: fancy selected candled
egrs wero lobbing at 2002,c. per dot.
CHlir.Si: The market ruled nrm under
light ofrerlnga und a fair demand for desirable
slock. nuote: New York full cream, fancy,
new, lBKOlrtc.: do. do., fair to good, new, 18u
lSlc; do., part skims, 8312c.
tkhorn.
. orDinns cniCKCiifl,
brnltfna aklaLana
lbs apleee, 2aiHco,
horns, welghlnr IE
auras, Pek n. I4ltlCe.i ducks InM
I2ffl30.t pigeons, old. per pair, 21023c.; do.,
8F.V? JV
horns, welghlnr 191U lbs. apleee, liri2?i
inaian iiunner.
luuiia r'r tlr. S09 21e
"Hi.NSUiJ Offerings
-w A l(K 1 mJk
,. --"--'" "---w,.v..,.- .,".. ..wr.-. . ..u
"i Krnerai marxei was quiet anq witnout im
portant chango. IVe quotet Fresh-killed poul
try, fowls, 13 to box, dry-picked, faney select-
'. t.1 ."sning stvo 10s. apiece, jlso.i
welghlnr 8Hfi lbs., apiece. 18te. weighing A
Ul?l.,'!E!?t, .lW97)iol tinder 3 lbs. apiece.
i4rtl?lBi4e 1 Ice-packed-Weetern, 4Hs lbs. and
oer apiece, 17c,;, do., smaller slits. 14V160.;
old roosters, dry-picked, 12c, broiling thickens,
&"' 'aney, 80tM2c , other nearby, fancy, 28
WOo.j Western, wetthlnr 1H82 lbs., tl820o.
00., welgbtng loift lbs,, 21023c, I spring
sigh-
duchr, I8CIT0.! sauabs. per dot., white.
Ing 11 to 12 Ibe. per dot, S3.O04 30! white,
weighing 0 to 10 lbs. per dot , H M white,
weighing 8 lbs per dm., lJ.4Otf2.0O; do., 7
It, per dot.. 1.7BU2,10; do., do , 6fltt lbs.
per dot, Jl.2381.Wi dark, 1.23tM-80 small
and No. 2, 1,
FRESH FRUITS
Tho supply and demand were both fair at
ins following I
York, per but
rerlted quotations: Apples. New
uniuwin. J.'.wu.l.w: ao.. lien
Davis. S21t2,eo: oiler good eating varieties, 12
2.C0: do., Western, per hot, 73ciJ2 pesehes,
forsls. ner pratm. I2se9.7Si tmnni. ter hox.
.-.;.?:..: - -. - :-:"-' .-... -. .-. --.
UJ,ov;
tDs.ou: ao.,
aweet, per pound, 30
pound, 803c. I plums,
Jl.8032; currents, re-j,
2.U3UU! ornntres. ITlarliln. nef box. S2Q3.fi0:
granerrult, Florida, per. tcx, liolBOi pine'
yppies, per omte. rorto itico, 2ea,Do: ao..
rionaa, s-u, cnerries. sweet, pel
7r.t do., sour, par pound, So:
flenrrla. tier rnrrinr. Sl.R012i ru
-"""'. -- - r:. T-" -.r- .rr- :."-- ..,'
per quart, Iliac; airairpernos, per quers. uci
nwara and Maryland, BfflOc, 1 do., Jersey, 4ff
IOC.: blacklierrles. North Carolina, per quart,
7O10O. ; do., lielaworo nnd Maryland, per quart,
lOflnc: gooseberries, per qunrt, llfflct huckls
leirles, per qunrt, PTJlla. j raspberries, red,
per pint, Mi ik , cantatoupea, Florida, per
crate,. SI 23;il.7B; watermelons, Florida, per
100. 130400.
VEGETADLES j
Tl,ero was a fair outlet for potatoes ot fine
quality, values of which were a ahads firmer.
Other egetablea told lalrly at revised prices.
Quotations: White polators, per bush. Mslns,
lB23c.: New York, aa to qualltr, 150380.1
while potatoes, Norfolk, per bbl. No. L S1.1BO
1.23; No. 2, 40980c. t white potatoes, North
Csrollna. per bbl-No. 1. OOcCILlOj No. 2,
2Btt!Oc.; onions, Texas, per cummer-crate
l'sncy, 0OB700.1 poor, 253600.: caullnower. Nor
folk, per hamper, W078c. eggplant, Florida,
per box, :R2.23j cucumbers, North Carolina,
imp l.hhl. httaltnf. 7.1a.t7t1; pumimhers. Nor
folk, per H-bbl. basket. JSc.flll: tqustb, Nor-
ti-Doi. unsset, i't.c.:
folk.
per
noDners.
Florida, per.carrler, 11(11.23: tomatoes. Florida,
per carrler-dfnncy,
nsparngus,
i.p.
.ln.23;
BQlSc.
choice.
7Ba.i
tomatoes. Mississippi, per case, BOSCBc.t
eer buncn. nu
basket, G0c.Cf2.2B.
mushrooms, per
FINANCIAL BRIEFS
OKI
l.M.VlOd
1.075.1MO
I10S.029
M.OAd
2,02.410
372.8SO
l78,8Til
111.743
lS,(lAd
173.820
1383.203
153.050
8,861.833
478,770
a-.ilnM.nt llAnnjnV
1. i tls7rei4 tor ope hundred HOM
to lM-oS-pouad oapaelty aU-steel or steel
uriiwfratne gondola oars, ono or two
ata to W.MsiKuDd capacity box car
STa uSr of stoond-haad three-feet
gaga coal ud Bat cars.
liurajMsi as rates oa tvefswu produsis
batwien BOtns in Western Trunk Unj
aTd southwestern territories as proposed
by vailous carriers have beu ordered
,upndd uaUl October by the Inter
state ciwitt" OommlaiMtw,
ItAILROAD EARNINGS
BOSTOK AND MAINE.
1918. Decreets
,.. .r revenue 18.874.708 .. 11,874
j;v -vr roi.nus. : : : . . . 017.074 st,
ft'VwlithV'oper rev.:... .S"
Net oper. revenue 0,812.804
Increase.
CENTRAL- OP aBOnQIA
Msy sros far'a5
glVvaW monthi-'rr...::. lj.jjj.g
Krt cuiABTlLllOAD.
May gTOas 'mj'tS
ILLIHOIS CHNTRAU
May eroa -gJ-JJS
OHICAaO. BT. Wo"MIA1tAI.KNHAl,0U8 AND
Mar gros ll,2sJi3
Nst ,ttlt""' Mint
KRnMtil gross...".
Net ;;;; J,
LOU18VILLB AND NAB1IVILLK.
.. .ijt Jum 4,IW0 .
JTV .,. .iteoffifllDUT VT.T.V
YAWX u "-"' -.K
May gross '-- Ti3l.i
Rti-lsWW groas... Je.HJ.T 7TJ.0
MKNNATI. NW ORLSANi AND TBXA3
-
35? r&3'-::::. '
" "" TL.. ,. uao
TUd week June aSI'uS
S jaawry 1 r--
SOUTUSIRN RAILWAY.
Ul.SSl
244.454
240.93
ISl.WH) SlO.UiS
11 nm
iso.aavi
oia
I.1M 1S.S21
,513 1.137.8U
tt.ua
82,268
ikman m&
iss 3uw i.r.:.: ... . tn
"" " . . . . a a ut crtr rt i a
sir- ..... l&ts :iUSol
siaeraue.
Exports of general merchandise at tho
port of New York for tho week ended
Juno 23 totaled 6,7C3.0S3, 'on Incrcnao of
12,366,078, compared with sur e week last
year. Imports for tho week totaled J20,
811,0:8, an Increoao of (5,191,100.
"Tho effect of competition of European
war Issues on lilgh-grndo American bonds
on tho markets In tho United States Is
belnc carefully considered," say E. B.
Smith & Co. "At this tlmo It Is believed
that BUch competition may not be to
tho disadvantage of American bonds,
for tho reason that tho dlffcrenco creatod
by foreign exchange. Income und other
taxes acts In favor ot our securities.
Then, too, much of tho money obtained
for war Issues will be expended In tho
United States, which will supply a greater
buying power for all classes of securi
ties." A total of 52.676,431.342 of American
Hallroad securities wns until recently
owned by foreign Investors, according to
a compllntlon mado by Tresldent L. F.
Loree, of the Dolawaro and Hudson Com
pany, from data collected from virtually
all tho railroads of tho United States be
tween October, 1514, and April, 1315. In
n statement making public theso results,
President Loreo calls attention to the
fact that n largo nmount of these securi
ties since the beginning of the war have
been returned to this market, and an
nounces that ho will now ask the rail
roads for similar Information for the
period between July 1 next and Decem
ber 31.
New York banks gained JlSfi.OOO from
tho Subtreasury Saturday and hnvo
gained J1.3CC.000 since last Friday.
Tho anthracite collerlos of tho Lehigh
Valley Coal Company will bo shut down
tho first seven days of July.
Tho annual report of tho Plcrco Oil
Corporation showed net profits of J.,18,222,
but Interest pnyments and other expenses
left a deficit of 1101,551. Tho credit bal
nnco profit and loss on December 31 was
tS9,93S.
National neflning stockholders will be
permitted to BUbscrlbo to C00O shares ot
preferred stock now In the treasury at
S120 a sharo to the extent of 7H Per cent,
of their holdings. Tho now stock will bo
payable In whole or In part on or before
July 1, 1315, and at subscribers' option on
October 1, 1915.
There has been placed on the regular
list of the Philadelphia Stock Exchange
additional stock as follows: American
Telephone and Telegraph Company, S31B.
700; Interstate Railways Company, ,
430 permanent preferred; Electric Storage
Battery Company Common, J10.000, leav
ing but $127,600 preferred which has not
been exchanged Into common stock,
m,. !. hoen stricken off the regular
Hat S120.000 consolidated mortgage 4V4 Per
cent, gold bonds of the Lehigh Coal and
Navigation Company.
The Lake Superior and Ishpemlng has
ordered 400 ore cars from the Cambria
Steel Company.
The Michigan Copper Mining Company
has levied an assessment of SI a share,
payable July 19. .
C. H. Bean & Co., Henry & West and
C. M. Sparks & Co. were sellers of Lake
Superior, 0. D. Barney & Co. bought.
The Franklin National Bank. It.1 Its July
diwst of trade conditions, points out that
busine's totals from January X toJunoJ
this year have In the hvltr lines of
trade exceeded the same period of-UtJ
as "ell M 1. The digest, however,
"ams that there must come a lull. say.
TnsT "Whw this lull comes, and It U
already tn evidence In some parts of the
Country and In some lines ot trad., It
need glvi business men no uneasiness
?'V what are known as the 'war
Srdr Sne 'have in so many plants at
ready rbed tho fullest -hour output
ready re"e . hardl un,
I :Ts very rare fir business to remain at
itlonery volume, and when no ad-
8ti i. bain.: recorded there Is usually
aoK even though the falling oft
hi varv slight The general busl
3X So Jltun of the cojntry U better
n." Zl .- aiiuu the beginning of
Krorean war. g
jf2sffsssss saw s
share. '
KOTIOB IS llBKBBT OJVBffJ
trtut' .'BW0Sui it at lb . ,0'
baaaad todWB OLMgTi) STAMM.
At4Was S twu--
Tho stockholders of tho Braden Copper
Company voted to extond to May 1, 1010,
outstanding 1333,000 5-yoar second Hen col
lateral trust convertible gold 7s due No
vember 1, 1315.
At the present tlmo the Republic Iron
and Steel Company Is operating 90 per
cent, of Us capacity; orders havo' been
running In excess of capacity for somo
tlmo past.
Hercules Power sold as high as 405,
compared with a high prlco on Saturday
of 385.
Ocorgo McCall lias retired from the
banking firm of Dick Brothers & Co.
Last November tho firm announced that
they wcro beginning to liquidate their
margin nccountn and that they -would
nbandon that feature of their speculntlvo
business. Frank M. DJclt nnd Marshall
Gccr havo also since' retired from tho
firm.
In connection with tho termination of
tho voting trust of tho Harwood Elcctrlo
Company common stock, which was an
nnounccd sovcrnl days ngo, tho trustees
liavo evolved n plan by "which holders
of tho trust certificates may receive. In
lieu the regular stock shares, first mort
gago scries "ii" bonds of tho Lehigh
Navigation Electric Company, on tho
basis of selling the Harwood common
stock at 2Zi.
COTTON
NEW YOrtK. June 23. cotton was
steadier this morning, prices on the call
Bhowlne advances of 3 to 6 points. There
was good buying by Wall street and
Southern Interests, while commission
houses and traders operated on the sell
ing side. Prices at Liverpool moved up
I ',5 to 4 points. Weather conditions In
tho South woro less favorable.
Aa the day advanced prices moved
higher, ranging 7 t A, 8 points above last
week's close. CtMton exports today
totaled 15,433 bale an Increase of 9110
compared with a ear ago.
Saturday-1
close, i
T-nnarv DlUS
March 10.18
Mav io:m
July 0.22
October U.l
December .... 0.60
Itleh.
in. 00
10.80
10.47
H..10
0.70
0.08
Low. Close,
linn
10.22
10 47
0.21
0.04
n.oi
10.0.1
10.30
10.4T
o.no
0.7S
0.08
PUDLIC UTILITIES
During the Chicago Traction strike tbe ele
vated anfl surface atreet car lines, whloh,
handle inllltona of urban and auburban paa
sensers dally, were all suddenly forced to
suspend operations. V'ltliln a single night
the suburban business of tha steam railways
leaped from 125,000 to 023.000 people dally, an
Increase t 400 per cent. A. growth of busi
ness which would have been large for a period
of 10 years took place In 10 hours.
Interesting matter relative to the "Jitney"
altuatlon Is contained tn the address recently
made In 8t. Loula by Richard McCulloch,
president of the United Railways Company of
Ht Louis. Ho satd In part: "One of (ha
charma of the atreat railway business Is Ua
novelty. Something new 1 always dsreloplnr,
and th a winter something new did develop,
and that waa the 'Jttnsy.' Tha 'jitney' erase
Is largely a product ot unemployment. Men
out of work who can gst hold of a second
hand machine will go out on the strut and
earn what they can. regardless of tha wear
SS? tear on their machine. What they want
I. ready money, and they uaa this way of
ssttlna It. It la unnsctssary to call tha at
tention of you gentlemen to the. unfairneaa of
!!,.' i.liiinn which robs tha street rail.
. of tta ahort haula, but tos not . take
care of tha lour ones. 'Jitney competition
Is mucn mum -,.- ... -.m,. ,.
than In Bt. Loula, Hers wa have no shirt
Uaule-tba ibcrteat haul of the 'lllneya' being
about four miles. On this haul they cannot
make a living at 0 cents, and they are now
beginning to find that out for thamaelvea, Al
though at tlmea there have been large num
bars of Jitneys' on tha strseta of fit. Louts,
they never take In a great deal of money.
Upon watehlng the machines wj have feund
that there are about ,100 which make ooly
one trip each day. taking- paaiengera down-
V..V v. . k ...nlnv nA l.l, n- than K- ttr
town ia iuwiiw. .-...- ---hama
at night, the machine standing on tha
K!cZit Jltnty" will sraduAlly tcot iimt
GRAIN MARKET CLOSED
WITH SIH0NG TONE
OlTeringa Small Weather Re
ports Differ No Export
Sales Announced.
CHICAGO, June SS,-Buyln; was slow
at the opening of the Brain market today.
Offerings In the Initial trading were small
and prices to a consequence were higher
than Baturdaya close. July hheat sold
for 11.04H at the opening, IK cents lusher
than Saturday's close It held fairly
Btcndy In the cart? hours. A bnin t U
cent was shown by September when the
first sale was made at tl.Ot.. December
at tl OSU advanced W.
In the afternoon there was a temporary
Seki ,w.h,cn c'rled July as low as
V'iineul L' rf lu5? naln- 6",ln' tfon'
. ;,S' sP'enber, after selling down
to J1.01K. rose to 11.03U at lh close.
Most Interest waa attached to weather
reports. From the Northwest como fa
vorablo weather reports, with additional
reports of good yields nnd splendid con
lonsof the products. From the South
west tho reports are entirely dlfforent
Continued wet weather, It Is said, has
put the (train In bad shape. Fillings
havo been slow and what little has been
harvested will tako a long time to dry
?i !horr'URnly' . Quality and not quan
tity Is what dealers aro looking for now.
The winter crop has been made. Good
weather Is now needed for harvesting,
which Is extremely light for this time of
the year. The old cry of the farmer hold
ing back Is resounding over the market.
Th.J ." on '". '"'"do nro Ignoring It
They declare that there Is always a lib
oral run after harvest, regardless of
iLc.". U ls. nttor th0 nrit n Is over
that tho real trouble begins.
While no export sales have been re
ported, the rumor that 800,000 bushels of
wheat had been shipped through Arch-
i',i nuM". ? th0 Unlted Kingdom
caused a small furore.
Foreign markets wero firm, but bust
ness waa far from brisk. Weather con
d tlons aro reported Improving In nearly
all foreign countries.
Leading ruturea ranged aa followai
Wniil.. r.. .-. . . -. o. u
Julu Y'n.'Jl i"K: tr.: v"e,
Beptember '.'. LfaU ,'.ml
December .. l.oa? l.oovf
Juli v uvi!,.7r''..
September
December ,
July
fleptember
December
Lard
July ....
Bqitember
Illba
July
0I
4
September
i'oru
41
H7
si
. 0.17
i V.42
1P.1I
4T
.10.
orlt-
Julr 10..-,.1
Bentember ..17.00
'Uld. fAskod.
l.l?4
B7?i
3;
0.22
D.47
10.27
10.07
10.07
17.12
ijow. uiose, cioa.
l.OTH J.OBU f t.ftlH
n ni4
71 7fJ
41 43t
ao'.i isoH
7S
t8
0.12
0,40
10.17
10.47
in. eo
10.83
0.20
0.43,
10.27
10.07
i7:
33H
t0.22
t0.43
10 20
10.00
lft.0.1 eiO.OO
17.12 17.00
LIVE STOCK QUOTATIONS
CHICAGO. JunsM. HOOS.-Itscelpts, 42.
o(xi; market 10c. lowerl mlsed and butchers.
S7.20S7 KO: Rood heavy, S7.aMI7.70: rough
heavy, S7.1Mi7.:iO: llaht. X7.43O7.60; pgs. Sou
7.211; bulk, 7.457.7ii.
. CATTLE. Receipts, 10,0001 market steady to
lor. hither; beees, S7.40ft7.70j cows and
heifers. J3.6008.78j Texans. 17.38fl8.C0; calves.
SS.30010. .
miUKI'. Itecalpte. 7000: market stronir; na
tive and Western, J4O0.10I lambs, 7.30al0.4U.
NEW YORK COFFEE MARKET
NEW YOIIK, Juno 28. The coffee markst
openod steady with prices unchanged to 1
(Mint higher. Trading waa Quiet and prices
wero atrong at the close, showing advances
ot from 1 to a points. Prices follows: ,
Today's Today's Saturday's
open, closs. clnso.
April 7.00 0.0'Wt7OC fcOSffflOi
April 7.03OT.10 T.03t7.0S T.0.HJ7.O4
jiine B.ooas.n.'i kooo-UM
July 7.007.10 T.00S7.02 7.0OB7.03 I
August o.Mdc.87 o.ssa.nr
September 0.7SJjaW 0.7800.83 RSOSa'Vjg
October ,, li.R3aO.00 .... . tP;
December ....,.6.8 O.MflO.M 0.83Sr,fi.
January, -i.....,ti.8.1 n.8nfln.R3 n.sauu
February n.110 aoOdM.01 (VWnoao
March ai)0O7.00 O.03O0.OJ O.03j8,Pi
Ud.
Total sales, 5730 bags.
NEW YORK BUTTER AND EGGS
NEW TOrtK. June 2S. BUTTER. Market
eaelsr: receipts, 084U packages; extra, aso.s
higher scoring. 2814020c.: state dairy. 27H,ci
Imitation creamery. 221lB2:ic. ...
Ea09. Market Irregular, recelpta. 10,300
packagea: extra flrst. 20V4JI21HC. , flrats, 10f
20a: nearby whites. 2IO20c: mixed color,
im22c, gatheredi nearby browns. 22!4tr24c.
BANKERS
OSOSO IND CUESTMCT HTS.
PUILlBSLTnU
The following coupons are
payable on and after July 1st,
1915, at this office:
Philadelphia & Western Ry. Co.
1st Mtg. 5s, 1960.
Easton, Palmer & South Bethle
hem St.,Ry. Co. 1st 5s, 1919.
At our New York Office, 30 Pine ?t
Buffalo & Susquehanna R- R.
Corp. 1st Mtg. 4s, 1963,
u,t the entire pay. in.roy. opinion, tea
"A..!
wnicn remain win rnarre
h'rher rates. Aa such they cease to be lerieua
competitors ct the street railway."
Tbe United Slate Ught and Heal Corpora
tion, with capital of , IT.OOO '000, has been
chartered. Tee principal oRlee ta In New
York.
INVESTMENTS
E&A23ER . Co.
BANKER
132 South ISth Street
Suggestions for Investors
may bo had on request
A. B. Leach & Qo,
115 South Fourth St.
iks orspe
V.rrr Blver
SSS' ssuiss t sss
GRAIN-GRAIN-GRAIN
We have dlreMt eommunication with tfw Chleaj
Grain Market through our wraaTwndeeitB, Fim
BARRBLI- & CO., who aervioe is Baid t mm m
regards data appertatiiiBK to Wheat. Corn. Oga and
Provisions. ...
This service tit always at the dtepowil of w clients.
Send for our Daily GraiH LMter.
Hughes & Dier
PBlladclpliU
Teleoboaes. oojeeii47 a aicptuvo-cuva
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