tt
,OANS OF LOCAL BANKS EXPANDED DURING WEEK, WHILE SURPLUS BECAME SMALLER
EVENtNG LEDaEB-PHITJABELPHIA, TUESDAY. JULY 6, 1915;
SOCK PRICES FELL
AFTER STRONG START
rcssurc Against Railronda Un
settled fliarKec i-diiu hi uay.
?Vnr Specialties Up.
BKftv YOnK, July fl.-Gcnerat Improve
Hi"" .......... oil nemiml In thn tni.k
LV . ih oncnlnff today, tlio result
i J.vorabla development over tho holl
B" ., . ,, Ininurtnnt of which was.
Hrfecition of the District Court favor
4P r. . n..i In the, Government's, coat
rH?. suit, 'whllo reports of further large
KE?.:j.m lao played n prominent part
'.v .. ,,, .. hrliia nt flirt thn fflM
.. . Mnrnan's wounds were not Berl-
" of the war orders Westlnghouso
J .-...i ... lintfn ,1ntt n rnfilr-nrt
m, the Jtusslnn Government for' nn ad-
IJIIIrflal l.OW.UW Tinea. jii " mi, mo
mi looked for nnother week In which
SUM1 "T" ..llll.. vrtlt,1 lonrl M,
jj,e war .,....."".
! A 1 considerable short Interest has been
Vtonatd' recently, a largo part on Satur-
Bf-iiT on tho attack on Mr. morgan, ana
F rtwtrlns' by these Interests was also nn
li taciftatit factor - In tlio betterment
lSl. stocks, nnd commission houses ap
iVkhJIa to havo aullo u fow buying orders
'I.Vit the beginning of trading. Tho Street
1 1' i-IArded tho delay In tho roply of tho
German Government to out nolo as ravor
atle in the main, In that reports had it
rik it would be conciliatory and that
We time was needed In order to reach
t nnAI agreemem. mm. uu.. uu buus
factory to both sides.
irrnm Washington camo tho ltowa that a
A summary of tho German views to bo In-
I- slates had been received from Ambassn-
. . .i ciMhafnlitlnllv It- wnn enlrt
dor ueraru. nuo. - - - - -
it.... i.ii.w acree with recent reports
! from Germany Indicating that tho reply
would bo satnrnc.
Koadlnr, because of Its Bocond victory
over tho Government In coal trust suits,
was easily tho, feature In tho early deal
ings, mounting 2 points. Tho ndvnnco In
dlhls lssuo1 also helped tho rost of tho rail-
Sto the .war specialties, nnd gains from t
wfto 4tt points wore recorded boforo mtd
I Air the largest advance being In Ucthle
''h.ni Steel, whllo Baldwin, tho motor
B . itocks and others moved up In sympathy.
I J0t only am l"" -itettuiiiK uuuowii i.cifc.
t' 'that stock, but It also had n, favornblo
'. effect on Stool, which waa aUo strong,
1 ' the argument Of tho Street being that
the. courts wero no longor favoring tho
.dfsitlo lnforcement of tho anti-trust law.
i," "-atniral Chemical again camo Into
rrcmlntnco by leaping 30 points before
'.'awrt'nd Sears-Itoobuck gained 5 points
-Mo" lie' same period.
. VTr-.-irlIrir was not ns nr.tlvn durlnc tho
fl&Jterrloon session, tho early domand on
'oosinussipn nouses nppnrcntiy Doing buiid-
fd. Tlieso was somo roaiizing at tno
la'hir IkvVI nnrl nrlcea went oft a. little
iti'th the high, but ns a general rulo a
lobd margin was maintained over the
'doe of Saturday. Pressure was shown
ttiintt "Northern Paclilc and at ono time
JHJttas'oft a full point.
tlAte in tne aay tne ruurutiu biiuio wkik
lieed under nrcssure. many going below
th? close-of Saturday, notably St. Paul, In
twlilCh there was a rrostv DrcnK or ivj
br-lhe day nnd 3V down from Saturday's
nal. Canadian Pacific also becamo weak,
ho war sne'claltles. while they sagged
lomowhat from tho high, all showed good
tins for tho day.
DROP IN BANK SURPLUS
i Local Institutions Report Increase in
Loans.
X decrease of $1,983,000 In surplus re-
nnd nn Increase of Jl.638,000 in
lit was reported by the Philadelphia
ft-Cleiring Houso banks for tho week Just
i 7-'IadlT(duat deposits expanded $2,505,000.
wtaus zoiiow:
(r-
July R. 101.1. Increase.
..S421,rkS3.nuo Sl.llSU.UOi)
BLonj .,
Jltooilti (ind.)...
. . .JUl.-iUU.l'UU
i',SU3,OUl
"."..OUO
Ofcnlation
KDot Irom banks
EDD0ttii ot banks
lt.JIIS.000
-Ia-U.IAJII
.0.u00
fl,7ia,ooo
2.1M,nil0
lTS.UOu
1J8, 071.000
. tS, 2W.W
iii,asi,nuo
ui.:i:m.ooi
gti. Clearing Jlouae...
BReservo helj
LKeurvo required
AliipiUI
4II.II37.OUO
l.UM,UvU
fe-8urnlui tinilr old form. Julv it. 1014. X7.7ii-t .
OUU; July 7. 11)13, t0.UIH.OOn; July g, 1012. JS .
Ill,0U0, July 3, Ml, $rJ,u3U,tHH; July 4, lulO.
II,U53,:'W.
Decrcaic.
NEW YORK CURB
nid.
. 67',',
.lag
: si "
: 31
ion
. 7.1
Ask.
.10
170f'
a
Ull
fAmtrlcan Zlna
linden uopper
u4iiiBa.Ajiier.iun i oiu
Lpuwin-Aiuenrun i new
ypQliHtld Consolidated
K nc t Copper '. '. I '. '. 1 '. ". ', ', , V, I
IUJ
Nlptulnc .!
Dili Elevator
Dll KIvitor prefeired
Rlklr.lfAVAmon
. :i
Isterllai Oum .,'.!!'.!'!!!!!!!
: n
r"H -J
JJnll Cliar 8tores.!J"!"!,'!
. .10
Btl
ISO
.1011
.107
Kvanra uur Htorce nror
.u-' t ''ront-8luirlnE now
". k e
-
J
Llutoa Gold
!'Kt!v vnnir r,rr,i?i?c r Atir t?t
JKiKBW tOHK, July 0.-Tradlng on the Cottea
IJ-i ' M .'"' u'c,i,tt v.a ,u.ii, Hullo.
rrlcq chna wura nairuw.
-louay-B rnuay-s
opening. cloHe,
r,017;03 7.U1U7.03
"I.OT 7.0767.0S
7.12 7.2rr.i:i
U.U7U7.V0
U.fSU.87
B.TOJjfl.fO U.7UUU.S1
..... 0.8.10.1)0 U.KlJlU.HI
"....U.S3 0. S5jio.SH
. ....U.S7 fl.8tlytj.87
0.W) U.8Utiti.00
.' B,0'.'0.1M
0.07 0.00(UU.U7
'AfTH
JU?
my
jlUut ,,,,.
ucioner ,tt. ......
ll'iiemter .!!i!!'"!
lMron ...,.,.':!::::
6K, 1000 tagi.
DANK ni.TCATMNfiR
llanl .1An.i .-...- ......
iMidir. "STi'V". .,ouay """para wiin corre
jiponauig oay Ujt twu ycurai
t4 At it 1 iio tno ntiii twn nt a
ju-lo. iui.4. luja.
"a . . .J20.0-JT! USO l''J(r'7Tll i"i llll 'l,.li
4..1CI.I
.OOT
9iV;-. ' .?";''?" JS..iJ. "!
F-TV--''D(D.U,U dl,Q10,lUU I,U1U,I
Mim....$U,iaT.0T4 13,5W,W4 12,89S.105
f RATES FOR MONEY
f .wvr1 ??. ?Hfi..
gc'w .:::::::::::::::"::: il-.4 ixt
4ilBhSriuUi'apr' tn ' wonths, Phil,
atipuui, 3VJ84 per cent.
Vnnvin.r rvrifivnu
5r Sa1. ".." Saturday.
nvtvjiu casiuni.
demand 4.1
tlcmani , . . ' ' " " k'
t bla B4l
"ui ....,
lift tsW '"
-r-.-. i.uiea
Mk "
Dl.
GOVERNMENT BONDS
im &$ ;taMW4
.attfe1f'
! i" .''rd
9T
Iji 1D3 rutatsred....
i y.w .i rUU4Wl,- 1
,sw a aupon.., 1
j. Bsi.re4
lIHiV.JfrS.-V"
.-..
. WJ8. coupon ...'.'..,'.'..... 110
DIVIDENDS DECLARED
iS?i
it fciui.
Yf",." CoPPr fojopeny. ttrae dividend.
uniting 1$ .declaration lnoe Fab-
SI .net.
EW YORK METAL UARKBT
XOBIf i,,,.. a l.
- TZ V 4l
'' HHUV
Bafdy.
4.7J:
J I . I l'i
qi a. us
. JV
I. 4MC
iVc) ForA .Soc,; Sat'cs
., . l-telo. High. Lew. Cloee.
AkjOjMMIties.... 37!, 38 37M 38
-J,m !".' " '8W 17 17!
Alll.Chslm Mfg pref. mi 0H C-l 66
Am Ajr Chemical 61 61 61 61
AmJ1tSuMt H -JIH4 ABH 48J
AmBiakeS F tc. 104 10IH 1MH 101H
Amaleamated Copper. 73J 76lf 7M 7114
Am Can.... 40 47( 40.U 40),
Am Can pref..... 102J 10IH 101! 101M
Am Car ft Foundrr... 61 6l)f 6i 61
Am Coat Products 124), 128 i26) 120J
Am Coal rro.1 pf.... toOH 122)4 116 122W
Am Co loft Oil... 46!C 40 46 45
Am Hide ft Leather... 7 7 7 7
Am Hide A I, pref.... 34)$ 34)j 3t 3-t
Am Ito Secutltles 28)f 28W 2 28
Am Ijcomotlro. 48 40U 48M 48H
AmBmeltft ttcf...... 70 70 7Wi 70X
AmBmcltftncfpf.... 100H 107 107 107
AmSujar nellnerloa.. 100! 107M 107H 107),
Ambugarltcf pf 114H 114H 114 114H
AmTcl.&Tel 120)4 121M 121 121
Anaconda Coppor 35)4 35)4 35 354
Atchison T A S F... 100 100U 10 H 10051
Baldwin I-oco ort)4 00)4 07)f 0854
Bald In Loco pref ... 102 102 102 102
lialllmoro ft Ohio.... 701 70'f 70,'f 70)
Halt A Ohio prof.... 70)4 70U 70)4 70)4
Bclhlchcm Bteol 100)4 171 10714 107)4
Holhlehem Steel pf... no 117 117 117
Brooklyn Hap Trans. 87M 88 87J4 87)4
Butte ft Superior.... 71U 72! 7IU 7M
Cat Petroleum MM 14)f 14)f 14)f
Canadian Pacific 143)4 14 Pf 142)4 142)4
Cent Leather Co 4o) 41)4 40U 40U
Chcsapcako ft Ohio.. 38)4 30 3SJf 38)f
Chlno Copper 45 4fi!( 46!f 45!4
CM It 1 &P 15 10 10 10
Chlcano Ot West 1H4 11)4 ll)j nn
Chicago Ot West pf.. 29 29Jf 29) 29)4
Chic Mill ft St Paul. 83)4 85 80)4 81
O M & 8t P prof... 121 12.1 123 123
Chi ft Northwest 124) .' 121)4 121 124)4
Col IMel A Iron 30!f 3214 31!f 32M
Comstock Tunnel... 13 14 13 14
Continental Can pf . . 03 0'J 1)7 0!)
Com Products ltcf... MS 14)4 14 ( 14)4
CornProd.Ilcf.pt... 78)4 78)4 78)4 78)4
Cmclblo Steel 30M H1K 31U 31K
Cuban-Am. Sugar .... 88 88H 87 b8)4
Dlstlllors Socurltlos... 24 244 23! J 23!4
Domo MInci A 17 10 17J4 10
Krto 20 2U!4 20 20)4
Erie 1st pf 30)4 40)4 40 40
Gen. Chemical 250 2K0 200 270
General Klectrlc 1G7SX 109 107)f 108
General Motors 150)4 150)4 160 159
General Motors pf... 101)4 101)4 101 101)4
Ooodtlch, II. F., Co. 03U 54J4 63)4 54
Goodrich. U.K.. Co. pf 104 101 101 101
Great Northern pf... 117)4 118)4 118 118
Gt.N.cfs. for oro prop 3614 30)4 35!f 30)4
GucBcnhclm Kxpl'n... 02J 03)4 C3)4 03)4
Int Con Corp 29)4 20H 29)4
Intcr-Mot vot t c... 21? IWH 21)4 22)4
Inler-Met pf 74)4 71 71 74
Inspiration Copper... 31 31 31 31
Lack Steel 45)4 42 42 42
LehlRh Valloy 142)4 143M I42 142K
Llesctt A Myers 225 225 225 225
LlgBctt A Myers pf.. 117)4 110)4 110)4 110)4
Lorlllard P Co pf.... 110 110H 110!4 110)4
Looso-Wllcs Biscuit.. 10 18U 18U 18)4
LouU A Nashville.... 114!4 114)4 1M 114
Maxwell Motors 3."!4 37 34)4 37
Max Motors 1st, pf... 82)4 83 82)4 83
Max Motors 2d pf... 3U4 33 31 32)S
Mexican Pctroloum... 73)f 75H 74)1 74)4
M St P A S S M... 110 111)4 111)4 111)4
Mo Kan A Texas.... 8)4 8U 8!4 8)4
Miami Copper 28 28)f 28 28)S
Missouri Pacific 0)4 C 6J4 5!4
Montana Power 19 49 49 49
National Biscuit 120 110 119 119
Nat O A S pf 104)4 10-M 10DJ 101U
Nat Lead 62)4 03)4 03)4 03)4
Nevada Con Cop 11)1 144 14)4 M)g
New York Central... 88)4 80)4 8834 88)4
N Y N II A 11 0-1 054 0-1)4 05)4
Norf A West 103 103)4 103X 103)4
N Y O A West 20M 27)4 27M 27)4
Northern .Pacific 105 105)4 103)4 103J4
Pacific Mall 3-1 34 33 33
Tcnn It It 100)4 100)4 105JJ 100
Pcttlbone-Mulllkcn... 40)4 42)4 39 40J4
Pressed Steel Car..... 48 48)4 47J4 47H
Pullman Co 157)4 15U 150 150
Hy Steel Sp'e 30)4 3034 30)4 30)4
Hay Con Copper 23!i 23H 23)4 23'4
Heading 147 149 147)4 147)4
Ilep Iron ft Steel 29 2U)4 20h 29)i
Hep Iron ft'Stccl pf.. 8734 87)4 87)4 87)4
Humley M'Co 2)i 2)4 2 2
Huraley M Co pf.... 0!4 0)4 0 0
St Louis A 8 F 034 G4 0 0
St L A S F 2d pf... 7)4 7)4 7)4 7)4
Seaboard Air Line.... 1-1 14 M 14
Scars Roe & Co 142 147 143 145'4
Sloss-Shef S A I Co. . 35)4 34!i 34)4 34)4
Southern Pacific 10)4 8734 80)4 80)4
Southern Ky 15, IStt 15 15J4
Southern Hy pf CO 51 61 61
Standard Mllllne.... 65)4 53J4 C3J4 63)4
Studcbakor Co 77 79)4 78 78J-4
Third Avenue 63)4 524 62)4 62)4
Union Ban A Paper.. 5H 5)4 5)4 5)4
Union Pacific 127 128 127)4 12734
Union Pacific pf 80)4 80)1 80)4 80)4
U 8 Ind- Alcohol 5 60 50 50
U 8 Cast I P ft F... 13)4 13)4 13)4 13)4
U S C I P A F pf . . 37 37 37 37
U B Hubber.'. 404 47 40 40)4
U S Steel 59)4 01 00 00)4
U 8 Steel pf 109)4 109)4 109)4 10934
Utah Coppor 07 OS 07)1 07)4
Va-Caro Chcm pf . . . 07)4 07)4 07)4 07H
Wells Farto Exp....'. 09 09)4 09)4 09)4
Western Union Tel... 00 00)4 U0)i mi
WcstlncEAM 0831 09)4 9831 09,
Wheel A L E 2d pf. 1 1H 1)4 1)
Willys Overland 127 127 12514 125)4
Wisconsin Central 31 30 30 30
WoolWh F W Co.... 104 10534 101)4 105)4
Cents per ehare.
.Quoted ex dividend.
Total sales, 23.1.G0O shares, compared with
323,000 shares last Tuesday.
Sales in Philadelphia
Sat. close. Illch.
Low.
100
110
.73
30-10
74
10
100
M
1100
nrr
100
:t
loo
3.1
mm
4
26
BM
!IO
t 40
407
IIO
li
"il
1384
Am Can -IiIVj
4U'-i
Amer siiuing. . at,
Amer Ice
Bald Loco 07 .
do prer 102
Cam Steel 4S)i
A
UU'a
102
4SVj
u i & tit I'aui.
l-.loo Mtorago. . .
Ins Co N Am
lira
Mi
Ijko- Sun Corp.
ihlch N'av
8V-
l-t
Loh Val Tr Drof 2S
Mlr.ehlll 5U
North Central.. ..
North Paclflo ....
North 1'enna ,. 1)1
l'enna lUilroad sa
1'cnna Salt Mfc 8S
1'hlla Co cum ft 40
1-hlla Eloo .... 2HT4
Plilla Itapld Tr. DVi
do tr ctfs u4
Iteadlng- 7:ii
Tonopali Uel . . 4'i
United Oas Imp 8i(4
II a Bteel SUV,
WMtmor Coal. . 0)i
W Cramp & S-. 0HJ
OOND&
Mat prev.
sale. High,
Am Gas & El Ba 85 buu
Low.
Close,
4 ono
2000
IS
7B0O
lorio
7000
17O00
3000
1QOO
?SB
5000
?
IB1?
C S'sn May '17 0T
Kl & 1'ejoTr, 4.
Key Tel 1st d-. U4K
la Nav con 4)4. 08)5
I, Val Coal oa.1.104
NY PNW Ut 4s ..
Penna cons 4s.l0J
do -en 4Ks... 7
phlla Co cons Oa 7SM
do 1st 0 00
PhU Kleo 4... K0.
dsTa ...101U
Jteadlns ten 4s,. 01V4
Local Bid and Asked
Today u
in
Burr & suq t
da urt
BKlW
du (.rr .....
uawiHrw. . .......
aBj."v;:;:::::::
da wo
XJSn p Cera.
th Muv
$& vA'i'r '".'.:;
Peotwytvaaits.
Phil Blec
I'Wls. Co ...
To Start New Shipping Company
cjsa'gw-s&K
8Sa2i,cSrTh?S",KSu TmsTSWK
of xorm. ww w
T 1DT, VCU V MfJW -
!
will run from i
rua rw lfi IM Pnaw.
Closo.
4Ul,-i
101 ltrj
c73 'ia
MP. 631J 63V;
ISfK L-."4 K!:
74V1 74J 71
S8 Xi& 118,
we mi in
100 10)1 100
IIOU H0!l WHj
M' r.i m
8S 8S !S
30 :id .so
-i !
UU I) u
H'i 73J4 74
&l',5 filH 84(
ot my, my
m tio no
03 0M (31 1
tv'. boh' anx.
1 1 VZ. 111 '- I I
?l s
OJli W.U Wltl
flsii wi, mv;
iani imS imil
og ml Mil
jor ion 108
07 07)i 1)7(4
70)4 10. 70f
w!l usA m
78 70 76
1U1 101 101
oh; ot oik
Friday's
J3. AHKOU. ma. Aaaau,
0 ltV, 18 lWi 13)i
!::;:.: Ik i4 m "
I r !"
au ii u ik
ttS 14 13 ICl
T4 Tltt 74 74H
ti 8 71 ti'J
::::L..lk ...
UX
U H f fimi-i
Actw York Bond Sales
High. Low. Close.
IO0O Albany ft Bus .1H ... 8V1 ( ,WH
awi Amer Aitr An 101 lot Jl
1000 Atner smelt 8eo 0... 100 10(1 1W
4000 Amer Tel clt 4 ,80 .8-H4 ,V4
iinmi Amr-r Tri nvi jiu ...Ini 1m loi
.WHO Amer Writ lUn 8s... 83)4 B0V4 BtlVi
a.MWi Armour 4 M, iil4 l i
7i() Atchison cv 4s 10W. .,00 00 00
irvi rtiiuimn cv -is iui,..jiiv .",1 .v."
whjii Atcnison ev ss inu.t.ioiyi iuih
,4siio tan & owo am 8u sw soji
lWJUO Halt Ohio 4s SOW Sw Sgji
t-000 Hall Oh cv 4s.... 8Sk R3ti WW
2000 Halt A O Swn i)ts... 87Vi 87fi 8!i
li'WO Ilcth Steel rfd (a ,0StJ W, W
omw 'Brkn Hap Tr Oa ,18...1o( loo 100
SOMO Cent Leather lt Ss... imu 0DV4 !
2J0IW Cent Pae 1st 4S SSh 85t 8-1H
11000 Chen A O cv 4!i .72 , 4
1INH) ChM A O .. tJ 10J JOB
MWO Chile Copper 117 117 317,
MXI0 Chi Hast III 0s. . . . DOli IM'l U )
50CO Chi Ot West 4s OIBi 004 Will
1000 Chi A Nwn :HSs.. ' Ml. J
4WI0O Chi 11 A Q Joint -J USV4 0i l'5Vi
aKM CMiBtPtm 77 77 ,
170UO C M it Si p ev Sa ret. 102 101J4 10
lOOO C M i St P CV 4US... 3Ji OSk Uty
iwj c M ft Bt p n 4h.. ouW "!j irt
2WO C C V & St L gen 49. 08 08 IW
loco col & South rer 4H.. 8J w. ,t
imio Corn Trodiicts Sa 110H HOV 110
wot"! Utn tc n 0 4t 70U ir.iVi uO'n
1TO0O lien & R o rM B 42H 41 4'n
lOWODu l'ont I'owd 4',s... I)3)i 00, 1)8)4
40W) Erie sen 4s O0.H 00), oW
r.000 Erie conv 4s Ser A.... 01(4 01 01
loco Krle conv 4s 8er U.... 07 07 or
UfM Urle prior 4s 7H 7i) 71HH
1000 nnd Man in B 2n 2(1 2
1WO Hud Mnn rtil 3n 72 72 72
2UW 111 Steel deb 4H Nls "'i WIJJ
(iuoo loa Central rer 4s... 40 4H'4 4BVi
8000 lit Cht It 8s , BUJ4 mitt 0I)())
ntlUK, Inieib Met 4Vla . . 7."ls 7J 7S
4MOO ltiicMi 11 T ret 5 07 pn ortU
11I)00 inlerb Mer Mar 4)5s .. KJ'A 67 117 '4
7Uk Ind Bteel 8s ,...100 100)4 JOUJi
IM.KXJ Jap new Oer s 4Ws . . 73 73)i 7-li
H.fHX Lie Sh deb 4s 1031 .... 811 SO TO
2000 LIS & M T 6S 101 101 101
ltiHH) 1nils ti Nnah 4s PO'l HOU IKiU
103000 Mo Tacino cons Oa.... H0H 00(4 00
lHOOO Mont Tower Cs Wl HO'i noK
WKKM N Y C & 11 3t4s 77 77 77
101000 do Oe ret 10(1)4 HH4 10:ls
1000 N v city 4tis 1000. ..!) ns im
1000 do 414.1 luO.'l 102 102 102
12000 do 4Ws w I liilU 10IH 101
6000 do 4Hn .May li:.7. . .102U 102 t ll)2k
1IMI do 4V Nov 11(37. ..1U2U I112U 10214
1000 N V N 11 II da liofj 110(4 1104
o0 N Y Itwy ndj 3s no', mtf r.0W
12000 N Y Tel Ken 4H HI'S I'l'i l)i
100) Nnrf H West CV 4s.... SS 88 KN
4D0IH) Nor I'nclOe prior 4s.. DO'S ROH tia4
43000 do Ken 3s... Kl Wi nlU,
0000 Oro f-hort I. 4a 8SJi M 88
11)00 do 1st 01 lwii 107 107T4
MOO Ont Tower 6s D4 04 til
1000 Pennn 4s 1043 O0J4 im4 tints
r.000 do cv :im loo)i loojC loots
20(10 do 4s 1048 H8 H8W OSjl
1000 do ct 4H 102 102J4 102
20100O do Ren ct 4W P8JJ 07)4 VV&
20(10 do 4','iS 1021 100 100 100
20000 Heading gen 4 MJ4 HOW OOJl
2iono nio Or & w clt 4s... wi sn4 siiU
110CW Hock Island r,s -Vi 41 JMjJ
80(10 St L 1 M & so ref 4s (rt 4 r.114 03
BOOO do Ollir 4s 38 a &SJ5 .)8J
11000 do rfd 4s (1(15 iinja (.J
iznoo st i'iiii .m : .m -i',is. .jijut iim i.i"5
l"n, CUI1LI1 1 UV t -. ...... -.',-!. -",- .-'
.Mum do c ret r u 3n '34.. HS4 0814 t8
lnxi South lac rrd 4a .... 8I, 84S H
1C00O fouth Itwy gen 4s rai, M2'4 ;.iv
noun t.ouin iiwy enn ns.... hh'm iu ii'-a
inno Tcnn c & Tr cv 4Ws ..ns ns n.
.-I0(l Tex ft Pac 1st 8a nMT4 0.T4 Kl'i
ami Texas Co cv (is m im no-S
HK Third Ave adp Bs .7(1 7(1 7H
1200 17 S Oov 3s 101)4 10114 lojw
lOfpOT S nunhcr (la JOJij 1025 n.)-j
12S-000 II S Steel Bs lOljr 101: lQJJi
COOOO t'nlon I-ac lit Is .... nj 04J l.jS
10(H Union Pac cv Is, 8U 88)4 ggl
(! rr.lon Pac rtd 4 .... so 831 83
1000 V aCar Chm 1st 3a .. lIVf 00)5 0W
K'floO Wall- P Ter 1st ct 4s. . 2. 2 "S
4O00 West Kloc Bs JOIW 101 '4 101'4
S7000 West E ft M cv Bs ....104 10 1045
Total sales, J2, 182,000, compared with 12.111,
000 last Tuesday.
LONDON STOCK MARKET
Homo Ralls Strong American Shares
Steady Canadians Quiet.
LONDON, July C Helped by Premier
tenders for tlio now war lonn. The eltt
edged section was steady In tho main,
with tho old war loan dull.
Home rails wero atronR. A llBht de
mand before tho payment of dividends
wan responsible for tho upturn In prices.
Tho supply of theso stocks was light bc
cnu3e of tho fact that dealers recently
hnvo been unwllllnp to Increase their
holdlncs. Scntlmont in Argcntlno rails
became cheerful again on buying; by
Liverpool, duo to a belief that lower
rates would Increase exports ot cereals
from Argentina.
Steadiness prevailed in Americans on
nssurnnco that J. I'. Morgan was out of
danger. Thoro wns a disposition, how
ever, to awnlt for news regarding tho ac
tion of the market at New York. Thcro
wus little business In Canadians nnd oils
wero firm.
London N.Y,
close, cnulv.
Amalgamated Copper ...
Atchison
lUitlinoro & Ohio
Chesapeake ft Ohio
Canadian Pacific
Chicago Oreat Western..
... 7714
...103K
L-ta. IL
tioS -
73V4
37H. ....
IW',
m :
... ,u
... 30ft
...1.?$
12
umcugo m a.- 6i f.
87
0.1 ;
Demur ft Itlo Grande 6K .V4
Urle ". 2(1J 2BJ.
. . S0J4 28S. - 44
.. 41k 3-A - 'A
..10u!5 104i
do laL nref.
Illinois Central
Loulsvllla ft Nashville Ill)
G "
Missouri Kansas ft Texas 11
Now York Central
Norfolk ft Western
New York Ont ft Wost....
Pennsylvania
Heading
Southorn Railway ,
Southern I 'ncino ,
Union Pacific
United States Steel
-t-lncrease. Decrease.
. 0:
68 H
.107
. 27
10214
23
B3 lOSti
7B54 14(1 5
. Ill
Vili 1
.UK.??
. 02
12U(J 1
am 1
FOREIGN TRADE CHANCES
Tlie following Hat of opportunities for Amer
(can tnanuacturrrs the foreign trade (J
Olven bg the Bureau of Foreign and Domestic
Commerce, Department of Commerce, and ad'
dlflonal (itortnafloit may be had by corre
eposdence, plvliip tho lie number:
No. 17410, agricultural Implements, mining
machinery, etc. A tlrm In the United states
writes the Department ot Commerce that one
of Ito clients In Spain desires tp represent
American manufacturers, of agricultural. Indus
trial or mining machinery and specialties. It
Is stated that the nrm In question has been
In this line of business (or a number of yearn
and has excellent connections throughout Euro
pean countries. It la explained that American
reference will be furnished.
No. 17411, paintings An American consular
ofllcer In Spain rejiorts that a man In his
district desires to sell a number of old Italian
paintings ot the 10th century'. Photographlo
reproductions ot these paintings may lie ex
amined at the llureau of Foreign and Domestic
Commerce or Its branch ofllces.
No. 17412. carbons and electrlo lamps An
American consular officer In Italy transmits a
detailed report relative to an opportunity tor
the sale of carbons and electrlo lamps. A
copy of the report may be had on application
and samples of the carbons may ba examined
at the llureau of Foreign and Domestic Com
inerco or Its branch offices.
No. 17413, honey and beeswax A firm In
Bratlt intcrms an American consular officer
that tt desires to export a quantity ot honey
and beeswax. Iteferences are given. Corre
spondence may be In English. -
No. 17414, construction material A company
In Norway which deal-, in materials for housa
construction Informs an American consular
officer that It dsslres to communlcato with
American " manufacturers of Iron beams,
gtrderx. etc. It Is stated that c. I. t. prlcea
now rang from about HI to J 10 per metric
ton 12201.(1 pounds), but will probably ad.
vance. Weights, measurements, etc.. should
bi stated In the inetrla system. Illustrations
and detailed Information should be supplied ut
once. Correspondence may be In English,
Hunk reference Is given. An Illustrated
naiflPbUt containing weights, etc.. of the
material now used may be examined at the
Bureau of Foreign and Domestic Commerce
or Its branch offices!
No. 1741S, ooal An American consular of.
fleer in Drstll transmits the nama and .address
of the representative of a firm of engineer la
hie district, who dealrea to enter Into com
mercial relations with American exporters of
coal. References are 1 given.
No. 17410, flour mill machinery The llureau
of Foreign and Poroeatlo Commerce la In re
ceipt of a letter from a business man In
lirailt, stating that he represents a syndicate
which contemplate the erection of a flour
mill The representative desires catalogs.
prloa lists and full Information relative to
machinery to be used In this mill.
No. 1T417, nonle An American consular
ofltaer la South Africa writes that a man In
his district baa asked for the correct name and
aadrasa of the Awirloan firm which inanupie
tirw TtW "Cyolooe NouU. wblcfa. It Is On
deratooATu madeln Obis.
No. 174U, electrical accessories, chemicals,
etc Th Bureau ot Foreign and PpmaMlo
Commerce I la receipt of a letter from a,
bualoeaa man in India, statlog that he desire
tuVouImunlcate wltb American manufacturers
and exporters of electrical accessories, cbesil
ls, etc! to b ud .in dylag and cclorlog.
He 1 also Inters! ed In bardware. machinery
Ad railway upilles. He i4us that h wlfl
arrange to pay cub in New York. He state
rait be 1 alM la need of a reliable buying
Lieltio wrot him la tbe United State.
Copper Market Active
NKW YORK. July a Sale of copper wer
made by onTSiC tiTfaadlng ltrela 1 Im rur
noon at a raa frcm W '' down t O
ijunsiSiSriSJ "isr .u
"?"" .4- . i il.ail JUitl-u1 T
LAKE SUPERIOR
LED LATE RISE
Baldwin Locomotive Also in
Strong Demand Erratic
Fluctuations in Cramps.
Interest In tha Philadelphia market to
day centred chiefly around Cramp Shipbuilding-
shares ntid Baldwin Locomotive,
Tho former waa rushed tip rapidly several
points nt tho opening-, but encountered n
fairly laree supply of stock on the rise
and subsequently reacted. It was said
that a houso which has flsurod promi
nently In tho advance in this stock was
taking profits.
In the case of Baldwin Locomotive tho
Htreet heard that the company was arranging-
for another Important war order
along- tho samo lines ns its recent deal
with tho nemlngton Arms Company, but
no confirmation of the report could be
obtained. United Stntes Bteel was also
In good demand and Heading moved up
across "i. Cramp opened at 61H, com
pared with 6iVi, Saturday's close, nnd In
half n dozen sales jumped to 65. The next
quotation was &l, followed by a snlo nt
CIVl, showing that the market for the
stock wns not very stable, nnd In tho lato
dealings most of tho Initial gain wns
wiped out.
Demand dovrloped for I.nko Superior ns
tho day progressed nnd the quotation
rdBo over a point. Lehigh Navigation
was another Btrong spot nnd bids for
Itapld Transit shnres found comparatively
llttlo offering, Storngo Hnttery hardened
slightly .is did tho Tonopnhs, whllo tho
two Lehigh Valley Transit Issues cased
off. llonds were in active investment
domand, with somo foreign selling ngaln
In ovldencc. One block of Rending Im
provement 4s, totnllng $23,000. sold nt !34
"sellers 30 'days flat." Philadelphia Com
pany's Bs moved up a point.
In the late dealings 11 selling movement
developed In Pennsylvania nnd it beenm."
quite uctlve, losing n fraction. The milt
brought ngnlnst ono of tta subsidiaries
may hnvo been responsible. Ilnpld Tran
sit nlso weakened, ns did Northern Cen
tral nnd United Clas Improvement.
The Street was favorably Impressed
with tho Slay report of tho Norfolk nnd
Western, the securities of which nre
largely held by local Investors. Operating
revenue showed nn Increase- of OT,M3
ovor tho Bnmo month Inst year. Not op
erating revenue increased J230.4OS nnd the
net Income showed n gain of 150,189. Tho
proportion of oxpenses to operating reve
nuo fell from 05.13 per cont. in 1311 to
61.73 per cent. For tho 11 months, how
ever, thcro waa a gross docreaso of 2,
297,611 and net Income fell 2C2,598 bolow
that of n, year ago.
PHILADELPHIA
MARKETS
GRAIN AND FLOUR
1VIIKAT. llecelpts, none. Tho market
wns quiet and prices declined 2c. under lower
western advlcs. Quotations: tar lota In ex
p..rt elevator No. 5 red. nominal, S1.2.181.2S,
Nn. - red. Western, nominal. Sl.l'81.3.1; No.
1 N01 thorn Duluth. J1.4JM1.H1.
COltN. llecelpts. 1000 bush. Trices ruled
stead, but trado was nulct. Quotations: Car
lot tcr I'jru! trade, as to location No. 2 yel
low, tsasJSlc. ; steamer yellow, K2qK!c; No. Il
yellow, IWJSlc ; No. 4 yellow, 77ff70c.
OATS. llecelpts, 7040 liuali. Demand was
slow and prices wero lc. lower. Quotations:
No. 2 white, BOflMtoc.. standard white, M
KOVjC; No. 3 white. 54034V4c.
. VI.OVII. Receipts, 1710 bbls. nnd 410,407
lbs. In sacks. Thcro was little trading nnd the
market v. as wrnk. Quotations: Old, per 1U0
lbs. In wood Winter, clear, $3.2303.80; do.,
straight, :,.C(gs.7.1; do., patent, i5.751I0.23i
Kansas, straight, ute sacks, J.MWill.lJ; do.,
patent. Jute sacks, ttl.lSfiU.40: sprint,-, first,
clear, 0.!Rtf 11.40; do., strnluht, 0.4(iti (1.(1.1; do.,
patent. $0.u,VfiU.OO; do., favorite brand 7i
..LTi; illy mllle, choice and fnni-y patent, i7?r
7.23; city mills, rcmilar grader Winter, clcur,
J3.25W.1..VI; do., straight, 5. SOU 3.73; do., pat
ent, 15.73if(l.i'3.
II YK Ff.OUIl was In small supply and
steady, but quiet. Quotations: Nearby and
Western, in wood, nt J'idU.CO, as to quullty.
PROVISIONS
Tho markot ruled firm with a futr Jobbing
demand. Quotations: City beef, In sets,
smoked and alr-drled, 25WMc. Western beer. In
sets, smoked. 232(lc. City beef, knuckles and
tenders, smoked and air dried, 27S28c. West
ern beef, knuckles and tenders, smoked, S7M
SS"v Bef hams. J3ia;i2, Pork, family. $220
.2.00. Hams, ts. I cured, loose, l3;oi4c. :
do., skinned. loose. 13Vi18?ic: do., do.,
smoked, HViSfUftc. Other hams, smoked, city
curod. as to brand and average, 14V413c.
Hams, smoked. Western rured. 14Mi01Sc; do.,
tolled, oneleis, 2324c. I'tcnlc shoulders, S.
P. cured, loose, lt;12c; do., smoked, 12WO
12tiC. llellles. In pickle, according to aver
ugo, looaa, 12KQ13C. Ureakfast bacon, as la
brand and average, city cured, 17ffll8c. Break,
fast bacon. Western cured, lfedSc. Lard,
Western, refined, tierces, lOHBlO&o.; do., do..
do., tubs, 10H10-Tic. lard, pure city, kettle
rendered, in tierces. lOJifflOliC Lard, pure
city, kettle rendered. In tubs. 10',SaiOic.
REFINED SUGARS
The market was quiet and unchanged. Wo
quote refiners' list prices. Standard gran
ulated, u.lDo. , ox Ira tine granulated. 0.10c.;
powdered, (1.20c; confectioners' A, 0c; soft
grades, S.23U3.83C
DAIRY PRODUCTS
I1UTTEK. fancy stock sold fairly and
ruled nrm under small supplies. Quotations:
Western, tolld-packod creamery, fancy specials,
tl0!c. ; extra, 2Stic; extra firsts. 27H28c;
nrsts, 27c; seconds, 23Q20c; nearby prints,
fancy, '32c; averuge extra, 211831c; do., fair
to erood, 20227c; Jobbing sales of fancy prints,
30-ti.iOc,
KOOSv Trade was quiet and prlcea were
-without imiiortant change. Quotations: In
froo cases, nearby extras, 24c. tier d.; lints,
$0 ho per standard case; nearby current re
ceipts. 3.r.3 per case; Western extra llrsta, fil
per case- firsts, 13.65 per case; fancy selected
candled eggs were Jobbing at 23j27o. per doz.
t'JIKIISi:. Tho market ruled steady under
moderate offerings and a fairly active demand.
We quotoi New York, full cream, fancy, new,
lO'tflUVic; do., do., fair to good, new, 13t
ISKc; do., part skims. 0O13c.
POULTRY
IJVK. Tha market was quiet, with ampls
offerings at former rates. Quotations: Kowls,
as to quality, 13K01OC.; roosters. 11012c.;
broiling chlckers, fancy, not leghorns, weigh
ing IMOa lbs. apiece. ilfiHOc; broiling chick
ens, not leghorns, weighing 1G)1H lbs. aclecc.
Il)lf23c; broiling chickens, leghorns, wclghtni.
1H4V2 lbs. apiece, 20822c.: broiling chlckena,
leghorns, weighing- 101 li lbs. apiece, 18lUc;
ducks, Pekln. eld, 14il3c; do., Indian nun
ner, old, 12ajpl3o,; ducks, young, according ta
niu, iuu.iv,, J.IBVW.U,. utu, (irf pair, ltuJC,
do., younir. ner Dalr. 20fl21c
l)Iti:.SMKl). Trade was fair nd ih. ,,-
ket ruled Arm, with Ice-packed fowls lc. higher
Quotations: lreah.kllled poultry, fowls. 12 to
tiAV A -V-nt tlr ai4 tanttr eulaatA.l 4l. ..ii
Ing 4H3 lbs. apiece, lblic. ; weighing UW64
lbs apiece, 18Hc; weighing 3 lbs. apiece.
1014617140.! under 3 lbs. apiece. HHS13V4C
tce.tiacked-westiim. 4U. lhu. an.1 nv,. o.lv.
17Wc; do., smaller ellea, 14817c; old roosters,
dry.picked, Uc,; broiling chickens, Jersey,
fancy, 30332c: other nearby, fancy, 2Mtaiic ;
Western, welahlng 114&2 lbs., 21828c; do.,
weighing ltflli lbs., 21g2o. ; spring ducks,
10017c; squats, per dos white, weighing 11
10 id jus. per uoi ea.vwDt.Dui wnue, weign
lnv n to 10 lbs. per doz.. I3sa.fiO: wh(i.
weighing 8 lbs. per doi 2.4lO2.(i0: do., 7
IDS. per uu.., f4.iuci..iu; no., aa.. uotlM ids.
per dox., Sl.23ai.G0; dark. lUsai.oO; smalt
and No. 2, L
FRESH FRUITS
There waa a fiflr Inquiry for choice stock of
most descriptions at quoted figure. Quota,
ttons: Apples, new, transparent, per hamper.
ll.2oei.7o; peaches, OeorgiajPer crate, I1.2M?
2.23; lemons, par box, 12.263; oranges, rior
i. per box. fWS.60: grapefruit, riorlda, per
3t,lLt,?;Kli PUiMpples, per crate, Porto hfite,
H.file.OO; do., WbjUn, fl.6082.o0; cberrtea!
sweet, per pound. 5vtc; do., sour, per pound.
64T7C. ; plums, aeorgla, per carrier, 1 60S;;
currants, red, per quart, SJWc; strawberries,
per quart,. New York, lttflsu.; blackberries,
Uelaware, Maryland and Jersey, per quart. 70
8c; gooeeberrfee, per .quart. 8$ 4c. ; Imckle
berrUs. per quart. KQllc ; raspberries, red. per
pint, 4f4c. ; cantaloupes, Georgia, per craie.
JliJl.SO; watermelon-, T Florida, per IM, JS6
VEGETABLES
Supplies wera quite liberal and prlcea gen
erally favored buyess. with demand only
naDoeraie. 4juuua.iu none potato, yrr
bbV-Ko. J, 11.1M1.; No. 2, 4MWe. WblU
nAan VArfh r'arnllnfl nap hKl t'a 1 Ono
No. z. 4jB)ue. unions, prmua. per
TSOSQc. : do., Jersey, per It-bush- bazkei.
a. Cauliflower. Norfolk, oer hamper. BOO
78c. Bggplant. PUutda. r box. 1 7542: do.
Ncrfolk, par crate. t03.2o. Cut-umbers. North
Carollna. per 44-bbl. basket, SOeaoc.
Yukxm Vorfiilk. ner U-bbl basket. 754
wi. imnWi .nratw. t.iawuru-
ir li-bbl uaaket. 7&0c. Cu-
eumiare. Nnrf oik. paw bbi.. 41 21101 90. Corn,
North Carolina cor crate, Toe fill Peppers,
rwr. sisal. zs.' Tomaio.s. jer-
TSc.sr(i. Bomaloas, agitata-
;&
Financial Briefs
The Union Towcler Corporation has b
Kun operations at Ita plants at I'artln,
N. 3., nnd It turning out smokeless
powder at tho rate of nuout 300,000 pounds
por month. This Is tho new company
heAded by T. A. Gillespie, tho Now York
contractor. Tho entire output is being
turned over under contract to the
Canadian Car and Foundry Company,
which attend! to tho transportation. The
Canadian company uses tho output in
illlinB largo ammunition orders plnced
wlih it by the Allies.
Subscription lists to tho new British
wnr loan closo on Saturday.
IleU Telephone of Pennsylvania nnd
Philadelphia Company commori were
quoted ex-dividend,
Tho New Jersey Zinc Company an
nounced n wngo Increase of 10 per cent.
Tho New Tork banks lost to Suhtreas
ury Saturday l,7M,00O, and since Friday
last Jll.677,000.
Tlio totnl money In circulation July 1.
1015, wns $.U$-5,H0,6K. aa nsnlnst S3.D27.
388,180 Juno 1, Tho Increases wero prin
cipally In the ltcma cold certificates, (told
coin and Federal reserve ' notes. There
was n decrease In nntlonnl bank notes In
Cremation. Tho per capita circulation
July 1, 1015, wns 35.50; 19H, WI.H; 391.
$34.61.
Du Pont Powder wns quoted 700 bid In
Philadelphia.
A. II. Lcnch Co, wero the success
ful blddors for J40.000 city of Utlcn, N. V.,
414 per cent, tiro department Improve
ment bohds, matuilnf? $2000 annually from
July 1, 1016, to 1935, Inclusive.
The Philadelphia United States Mint
(HirliiK tho fiscal year endlnu Juno 30,
1915, minted coins of various denomina
tions having n. totnl value ot JS,1C9..'M7.
During- the fiscal yenr.of 1914, tlio total
value of tho coinage was $7,327,310. Tho
Mint also filled orders for other countries,
Cuba receiving coins In 1915 having n totnl
vnluo of $5,218,018; Costa Itlca, $186,427;
Kcuador. $.W,000; Salvador. $2W,0S0. In
tho fiscal year of 19H Salvador received
$2,700,028.
For tho year ending Juno 30, 1915, Gal
veston exported 50,374,690 bushels of wheat,
ngnlnst 9,231,171 bushels In tho previous
year.
There hns been plnced on tho Philadel
phia Stock Exchange regular list the fol
lowing additional securities of various
companies: $22,990,000 consolidated mort
gage gold bonds of the Pittsburgh, Cin
cinnati, Chicago nnd St. Louis Rnllwny,
embracing $9,587,000 series O 4s, 1957; $2,
909,000 series II 4s. 1960; $7,000,000 series I
4V4s, 1963. and $3,494,000 series J 4.4s. 1964;
$511,000 Philadelphia Company first and
collateral trust Cs, 1949, Issued in exchange
for bonds of subsidiary companies; $284,000
American Tclcgrnph nnd Telephone stock
nnd $226,800 Philadelphia Rapid Transit
voting trust certificates nnd $300 Amer
ican Milling stock.
The Tntcrborough Consolidated Corpora
tion nnnounced thnt owing to tho rush
this morning, no moro common stock of
the Intorborough-Metropolltan Company
would bo nccopted for exchnnga todny.
Further exchange will be resumed tomor
row morning. About $33,000,000 of tho
$45,710,000 proforrcd stock of tho latter
company liaa been exchanged for Inter
borough Consolidated preferred, nnd divi
dend checks on this nmount wero mailed
Monday.
Tho vlslblo supply of grain In the United
States follows: Wheat, 7,931,000 bushels,
tlccrcaso 2,251,000; corn, 6,312,000 bushels,
decrease 1,259,000; oats, 4,301,000 bushels, de
crease 1,678,000. Uonded whent, 213,000
bushels, decrease 330,000; oats. 95,000 bush
els, decrcaso 156,000; barley, 16,000 bushels,
unchanged. Visible supply of Canadian
wheat, 4.600.000 bushels, decrease 327,000;
oats, 3,070,000 bushels, decrcaso 256,000.
At auction today, Samuel T. Frcomnn
& Co. sold 1 sharo Farmers' nnd Me
chanics' National Ilnnk at 132H-
RAILROAD EARNINGS
NOHFOLK AND WESTEIt.N.
1015. Increase.
May gross Sl.OlO.mn S217.334
Net l.n.14,770 2:10.403
nieven months' gross... .18,ns,400 2.207.011
tet 13,370,003 130,001
CANADIAN PACIFIC.
Fourth week June J2.103.000 tSSI,000
Month (I.OOO.OOO ..ITO.OOO
From July 1 03.410.103 'M, 701,07:1
CillCAOO. INDIANAPOLIS & LOUISVILLE.
Fourth week June $107,010 110,420
From July 1 0,830,(12:1 387,:it3
I1UFFALO. rtOCHESTKtl & riTTSIU'IlOlf.
Fourth week June S300,(1U1 f 40,241
From July 1 0,070,382 $370,601
MISSOURI PACIFIC.
Fourth week June Jl.300,000 $78,000
From July 1 38,131,000 1,833,000
CANADIAN NOnTHBItN.
Fourth week June S370.S0O Jl.ri.ooo
From July 1 17.223,000 3,473,000
WESTEHN MABYLAND.
Fourth week Juno $218,201 15S385
From July 1 8,C(tO,82D 303,080
OltAND TRUNK SYSTEM.
Fourth week June 11.600,231 ll.mni
From July l 40,oso,sai J,e5d,782
ALABAMA CURAT SOUTHEllN.
May gross J412.008 11.314
Net HO.BS3 07.8110
Kleven months' gross... 4,884,330 OlO.r.Ot
Net 840.44(1 77.711
CHESAPEAKE AJ4D OHIO.
Fourth week Juno $1,230,301 J 178,78.1
Month 8,350,002 323,008
From July 1 30,378,878 1,919,018
Decrease.
SHORT TERM NOTES
Hats Due 1IM Aeked
Amer Loco 5 July 1013 llXHj 101
Amer Tel A T sub fi April 1010 loojl lot
Ansconda Copper. It Star. 1017 1O0U 100)1
Arsentlna Oov.... B Dec. 1015 10H 101U
Argentine Oov.... (I Dec. 1010 lOOlJ ;oo
Argentine Oov.,.. 8 Dec. 1017 10O 100
AfKentlna Oov! I.! 5 May 1020 0SH usfj
lialtlmore & Ohio 4W Jun pl7 iniji OliU
Baltimore & Ohio 4 June- 1U 8 a twg
llrooklyn It T. . . . B July 1018 IW jpoj?
Canadian Paclflc. U . 1M4 10U, lMj
s , o fi Juno 1010 ill 01U
Chlcano Elevated B Ju'V lultt "4 IH1
cnicaso i.ievaiea. d A , J01U
SJ 2v. -April 1817 110 U!i?5
(1?; of -SwitVerla; oW ";r. WA 100
Oov of Swltaerld. B ?" gJJ Jj "
Oov or Bwltserld. 8 SS- igj? WK ?L.
Inter Harvester... 5 iff- !g2 f.""
iSSlB Tfilch Ito 5 "'"' '"S
? ?.& Th B,? ? SS- m ioV.
N Y Ctnt H H n c 1015 1(Y)U inm?
N Y Cent tk H U B t. tuis 10o8 iooT
New York City., (1 sot. 191 10S2 1Q2
New York City.. 6 Spt 1917 15 lmt!
N Y, N II & Hart g Oct. IBIS 10O lmaj
Pennsylvania conv SV4 Mar. 1910 lOOtl 10OJ
Pub iSery C of N J B War. 1810 00 ldrnl
Heaboard A 1... .8 Feb. 101(1 Oftfj 100!4
Southern 8 May 1017 OS lisu
Southern ft June 1918 MM 07U
l S Smelt It & M B Jan, 191H I1U lis 2
I'nlon Tvpewrttar. 5 May 1017 I01 101S
TInlted Ftult 8 May 1018 nMi 8"..
United Fruit 8 April 1917 08 3 100
Utah Co . . , . . . . 0
MORE WAR ORDERS
NBW YOJIK. July 6.-A Cleveland nrm, aald
to lie the Carreit-Cromwell Englneerloa Com.
pany, has awarded a contract for (10,000 tone
of steel round to h shipped to Frano (or
shells.
One.half of the contract goeej to tlio Laeka
wanna. Steel Company and th other bait pre
sumably to the United States Steel Corpora
tion. 'Pile prtco la repotted to be 4 a hundred
pounds, the amount involved Mas $8,400,060.
As the Oarrett-Cremwell BpsTlaMarlaa Com
pany repretonta SchnelAer & Co.. the bi
reooh armament makers, It Is preejumed the
Meal will be shipped to th Schneider plant,
at Creusot. France.
INTEREST DEFAULTS
NBVV YORK, July (, The) following- coo
ps nles Hated In the New York Slack ITetaMe
havo defaulted on- thear July 1 latMeK J
toMitt Amerioan WrltlBjr Paper rft (4 W- .
vaasvHla aadTerro lfep Jblbead Ibat
corwolldated mortgaire Oe. due 161.
Kanawha and Ho&MC Coal and Coke Com
pany first 3. due) IWH.
Sunday Creek 88-year collateral trust 6s,
Wheeling and like Xrie 30-year equipment
8 du law
Tre comuiluee on securities) of the slock -inaone
has ruUd that tbose boad jBuat he
dealt In (Ut d carry the July 1. WW, aa4
uauc couiar.i. ta bo a good dejkMreqr,
Local Hourly Sales
10 to 11 A. M.
48 Am. Milling..
Mi ISO W Cramp t e U
hhi uaiowin
15 do. . .
245 do...
210 An ...
9! .101 . ao.
Luke Bup Coj
renna
ma .... 11-1,0
m An SiM an ,4
lOO do ift'l, 200 Heading
21 TtAMwIn nM..lrii 1 da...
CO w Cramp loJli4K;IIS Steel
) on us tiuu no
IB do MY, 88 do
73 do (fiU 20 do
70 do , KK) do
IlONDS.
2(i00 I'hlla Electrlo 4s Til
11 to 12 M.
100 Amer Can .. 46'J 13 W Cramp t c 04
30 Haldwln (18 00 do (,
ro do flSji 100 l.k Hup Cor 8 7-10
IB do rJSI 200 do 8J-KI
170 do r OS thlKh Nav.. T4U
800 do (S)4 ;i Mlnehlll o4
,60 do W 33 North Pa ... JiojJ
130 do SilJ 3 lYnna ....... Wl
100 W Cramp t o mU, 10 do M3;1."
188 do (W 13 !' II T t c... IK
133 do IH(5 3 U O 1 SiM
IlONDS.
4000 Amer Oa & ISIee Bs 8014
2(i00 l'enna Ken m 454 tern ctfs Hi",
1000 I'hlla Co 1st n ,!i
100O I'hlla Electric 5s '01
12 to 1 V. M.
73 Amer tco ... 28Vi 00 Lehlah Nav. . "4H
130 Baldwin 00 100 Leh Val Tr pf 2;)
100 do (WJ4 03 North Cent .. Wli
400 do Wt t l'enna .... Kt 11-10
230 do 00 100 do M 1-1(1
20O do..., no, r. do S3
100 do mil 28 r n I I r .11
47 Haldwln pfd..l0tt4 n Ilendlns: 71Ji
113 V Cramp t c Ii4 43 Tonopali 7;i
B do.... rtlU 80 Tonopali llel, 4tt
20 r.lec Btorago. S.1W in II ( I ....... RIU
H Ins Co N A. 22(1 B U B Steel.... 00V5
170 Lake Sup Cor SVia 14 Westmor Coal 00
IlONDS.
7C00 n A- V 4 73
moon 1'cnnn g m 4U tern ctfs nili
23000 Ilendlnij Imp 4s IUH
KniO ltc.ullnR K I" 4a HUt
lOOO U II 1 col 31 02(4
fellers 80 days flat.
1 to 2 1 M.
100 Ikildwln OUU74t l'enna M
(1 nnldwln pfd.,102 20 do tct.1-10
40 W Cramp t 0 (II 3 do Kl
BO Lnke Sup Cor Nil KM Phlln Eleo . . 2I1U
10 do H 200 Reading 74
10O do n4 (1 do 741,
B I-eh Valley .. 741,100 U H Hteol o;i
30 1' 11 T 84 20 do CO-n,
BONDS.
flOOO Ix-hlah Valley Coat Cs 101)1
rxXW l'enna Ren m 4A tcm ctra Vfit
2000 ltcnnlnir Ken m 4s HI
Rollers 'M ilavs tint,
tsollers 20 days lint.
2 to 3 P. M.
100 Lnko Sup Cor 8H 100 do M
100 do 8)1 HI W Cramp t c HI
100 do H :i l'enna Salt .. R8
10 do 8 13-1(1 10 F.lcc StornKO. Kill
10 do 81B-10 1301 Baldwin iO!J
to do II 7 Lclilah Nav.. 74n
10 Cnmbrla Btccl 4S!4 1(K Chi M & Bt 1" 82H
10 l'enna B'l 100 North I'ncinc.tOH
10 do MM 20 do IHl
100 II s Htecl Hlti 20 do icijj
20 do liOl; 8 do M'.i
100 do fiO'i 2 do 02
.'IS penna 3.1 23 W Cramp t o fil?;
20 do B.1 23 I'h Co cum pr .tl
2IX) Ike Sup Cor nt; jo Key Tel .... 1.1'i,
20 I'hlla Elec .. 23' 10 nnldwln (I!)
20 V Cramp t o m I l'enna Salt . . 88
BONDS.
MKin Irfhlph Valley Coal r 10.111
3000 LohlBh Valley Coal fs lull,
1000 iteadlm; Jersey Central 4s Ill
1000 liMrilnu gen 4s OIV,
20IO I'hlla Co cons n 7IU.
10(10 Phlla Co cons na "in,!
l(Kio Keystone Tel Bs H5(,
1000 LohlKh Nav cona Bs tisti
1C0O Ihlgh Nav cons Bs fis!S
r.inn Pcnna cons -His lot
2000 Penna yen 4Vt 07!',
(MOO Amer (Ins & Klectrlo 3s ' 80
2000 Amer 0.1s & Electric Bs 8(1
1000 Phlla Klectrlc Bs 101
11,00 lVntm en 4H 07
loOO Pcnna gen 4'5 117 u
NOTES OF THE RAIL
Tho malntonnnco ot way department of
tho Lehigh Valley Ilallroad lias Juat mado
n ro.cord In tho loading of rolls, accord
ing to roporta Issued hy tho railroad. Two
work tralnu. with equipment) loaded from
nlongslde of the main tracks 171,083 feet
of SO-pound relaying rail with Joints com
plete. This amount of work equals 2303
tons, or 10.29 track miles. Tho cost
of loading was 15.7 cents per ton. A few
days later one work train loaded 140,400
feot of 00-pound relaylnc rail, with joints
complete, from alonssldo tho main track.
This meals that 14.15 track miles, or "001
tons of rails, woro picked up nnd loaded
In a slnslo train In ono day. Tho cost of
loading was only li.6 cents per ton.
Tho Interstato Commerco Commission
today hold less than carload cant of the
Mississippi stereotype plate classification
rates reasonable.
Tho largest number of persons cvor
tnken by nn American railroad on a
single transcontinental tour left Broad
Street Station yesterday nftcrnoon on
tho "Seattlo Caravan" of Lu L,u Tcmplo,
Nobles of the Mystic Shrine. Tho party
consisted of 410 members, nnd was car
ried on three all-steel trains of 11 cars
each.
PUBLIC UTILITIES
Leonard A. Hu-uy, president of thu sur
face traction llneB in Chicago, In present
ing tho answer of the company to the
Hoard of Arbitration now hearing com
plaints from striking Btrcot car employes,
said that tho employes of tho Chicago
lines ore paid higher wages than men en
gaged in similar work in any other city In
tho country. He said Chicago stands at
the bottom of tlio list In the rate of return
on the capital invested.
ti,. n,,tr,iit nf thA TMliiIah Palls nlnnt
-. u r-An-r-ln T7n(lu?nv nml Power
ui biiu uiuthiu ....... ,, ...... - .......
Company for tho month of June, 1015, Is
reported by tho company ns amounting
. iinnKrt,) irllmvnll hours. Thld ia con
siderably in excess of tha output for any
month since tnis piatu commeneeu opera
iinn. nnrl mmnnres. with 7.837.000 kilowatt
hours for May and 6.921,200 kilowatt hours
for April.
German Hank Gains Cash
BERLIN, July 0. Tho weekly statement of
the Hank of Oermuny showed the following
Increases In marks: Cash, 1S.1.740.O0O! gold,
IIOIS.OOO; notes In circulation, 013,421.000; de
posits, J83.432.0OO; loans, OR'1,000, and dis
counts, 007.0.10,000. Thero waa a decrease ol
668.000 in Treasury notes.
LIVE STOCK QUOTATIONS
CHICAGO. July 6. 1IOOS llecelpts. 7800;
market. lOol&c higher; mixed and butchers,
J7.aS6T.PO; swl heavy. t7.3607.bO; rough
heavy. 7T.!10; llfht. K7.504J7.lAj pigs. 10.33
7.60; bulk. S7.BOT.W.
CATTLE-ltecelnts. OO0O, market, 1015c.
higher, beeves. 7.301 10.20: cowa and heifers,
S3.80flO.2fi; Texans, it7.B04f8.7S; calves, 18.30
AlO.Zfi.
SHKBP llecelpts. 10,000; market. 26c, lower:
native and Western, Stti0.3s; lambs, 36.7S
80.73.
NEW YORK BUTTER AND EGGS
EiKiS Slarket steadier. Receipts. 20.7i
packages. Bxtra first. DOeMlc. fresR gathered,
first, 164j"U)Uc.. freah gatBerad; nearby whiles;
2B027c; mixed color. 1S923.; nearby brouns.
t
Pi
188 Cambria Stwl scrip May 1017 SJK
SOP & l1 Ii ., Jj
rwfi UeMall Nav con 4Vr ,S
200O midwin 0s , 102M
UK) H.IP VnrW nnHfl la ia tfllU
NEW YOr.K, July 0. BUTTKIt-liarket
slightly firmer. Receipts. U.G& packages,
Bxtra, 288V.c.: hlifher scoring, 2WWtie.,
8 ia to dairy, 27jVZVc.; Imitation areomery.
ZhHKM.
INVESTORS' HANDY BOOKLET
a Buyers of high-grade railroad bonds will find much of interest
In our handy booklet, embracing all of the TAX FREE underly
ing bonds of the
Pennsylvania, Reading and Lehigh Valley Railroad sysUms.
It will be sent free on request.
Our 'statistical department at your sevice for ajy informa
tion as to investments.
REED A. MORGAN & CO. ISSXtBSamn,
V
IMPROVING WEATHER
WEAKENED WHEAT
Heavy Exports of Grain Re-,
ported for the Week Millers
Demands Increasing.
CHICAGO, July e.-Confrontctl by n'l
Improved weather map today, operators
wr wary nt the opening. Rnd Ihe aver
age Mlllnpr oft In prices wag 1 cent, com
tlaml with Saturday's eioslnp; figure. Af
rlX'fI ovor the holidays werft a factor in
the weakness displayed. Short have ap
parently covered. A bearish sentiment
prevails nnd It Is predicted that prices
will eventually come down to nsw low
levels.
July wheat evinced tho greatest weak
need, it opened nt lt.07',4, n loss of Hi
cents on Saturday's closing price, when
the last snle recorded was at ILTO. It
dropped gradually Until It reached $1.0514
nnd then assumed a firmer tone, advanc
ing before noon.
September, opening at J1.02, showed a
los of U on the closing of last week. Tho
tone was much weaker than that dis
played by July, but optimistic traders ex
pect a firm market soon. December, which
closed on Saturday nt $1.06, showed ft loss
of 1 rent when It opened nt $1.06 todny. It
followed tho others In tho downward
trend.
Tho market remained depressed through
out Hot afternoon and closed but little
nbovo tho day's lowest levels.
Corn nnd oats, whllo not as weak as
wheat, openrd nt lower prices, nnd It Is
oxpeeted that they will follow the action
of that product cither up or down.
Exports from North America for last
week totaled 6,973,000 bushels of wheat,
2.37COCO of It in flour and 1.300.000 bushela
from Canada. Corn exported totaled 816
000 bushels and oats 1,607,000 bushels,
Prospocts of a better foreign market
nrd unimproved, but tho millers' demand
Is said to bo gaining strength.
Liverpool wheat Is easy. Spot remains
unchanited. Large Rhlpmenta ore report
ed from Winnipeg to tho United Kingdom.
Cargoes nro weak. Corn nnd oata nro
firm.
Tho rstlmntod vlslblo Kuropean crop for
this week la given at 83.168,000 bushels,
against 73.4S0.O0O last week, a gain ot 263,
000 bushels. Last week's docreaso was
1,212,000 bushels, iiFiilnst Inst year's de
crease of 2300.000, when tho Crop was only
Gl.SOO.GOO bushels.
Argcntlno reports nro. favorable, tha
mnrket being llrm nnd weather good.
I.radlnK futures ranged nn follows:
Sat'd'a
Whoil Open. Illch. Low, Cloe. close.
July l.uiM 1.07(4 1.03U tl.OSJi tLWU
?op 1.11- i.ui i.uuva i.iu js.n.u.i5a
JH'C 1,110 1.O0 l.Ul l.lHij -l.Ul.
iiirn (new delivery; .
July 7.-VU 741', rni 74 174U
Pcpt 72, 72, ' 721J n-J' t"2
ncc u. raft tri!. torn. tay
Oats
July 4(1 40U 445 41i 4i
Hept .17U :"H : tsi'i 17-
Dec. . SU 31 S8S 3SM 3li.
Ju'lyfdT 0.1O 0.00 0.00 U.23
SOPtJ H.-I7 0.47 0.20 0.20 10.45
lllllE
JlllV 10,23 10.22 110.23 fl'MIM
Bept 10.(K 10.03 10.47 10.30 10.00
i'ork
July 10.43 10.40 MrMS 1(1.73
Sept. ,.-....17.17 17.17 10.72 U0.SO 17.0J
nid. tAskeil.
MINING STOCK QUOTATIONS
TONOI'AU STOCKS.
Hid. Asked.
Jim nutler 1.00 1.0.4
MncKnmnra 03 .03
3!ldv.ny , .13 .1(1
Mlzpah Extension 23 .2.".
Montana .25 2H
North Star : ,13 .1(1
Tnnopnh Ileimcnt 4 41,,
Tonopali llxtenrlon 2',a 2',
Tjnopnh Mertcer 40 .41
Tnnopah Mining ....7 71-1(1
Hcscuc Eula ,0S .1(1
West End SI .88
aOLDFIHLD STOCKS.
Atlanta 30 .31
Il'ue Hull '. 03 .03
L'ooth 40 .31
Hulldc-B 03 .01
t: 0 l) 04 .on
CnniMnntlon Fraction OS .10
lJlamondllold 13 II 02 .01
Haley , 01 .07
I'lorenrei 53 .r,3
Unldf.el.i .Consolidated IS l'i
tloldhelrt Merger .52 .2-1
Jumbn ICxtcnslon IJ14 IS
Keivan.is 13 .11
Oro OR .0
Sand Ken 07 .08
Silver Pick 10 .12
MISCELLANEOUS.
Fain- Aztec 02 .01
Klmberly 0? .Oj
Nevada Hill .21 ,-;
Nevada Wonder 1-CO 1.70
COTTON
NKW YOnK, July C Cotton opened
steadier this morning nt an advance of
six to eight points. This was considered
disappointing, howovcr. In view of tho
cables from Liverpool on which tho near
months had been duo to start about 15
points higher and the far positions JO to
12 points up. In tho afternoon prlcea
weakened on selling, all months going
bolow trio closo of Friday.
11 11:30 2:30
rFi.inv'R rinse. Ooen. a.m- a.m. n.m
January ... .10.00 10.07 10.01 10.00 0.00
ft"?..:: ::::! ' ' ''' '
October 0.71 0.73 0.71 0.72 P.70
Decemoer ... t'.w iu.u" u-ii u.wi ....
BAR SILVER
NEW YORK, July 8. The price of commer.
clal bar silver wss 48 cents today, with Mexi
can dollars at 37 cents. Uar silver In London
aa 2213-10 pence, oft U penny.
Electric Storage
Battery Company
We have now ready for dlitrlbutlon
a complete, detailed report on this
Issue which should prove very valu
able to anyone Interested.
The stock Is yleldlnE at present
market rrlce about 7H.
Hughes & Dier
1IANKKIIS AND IlllOKKKS
Members 1'lilladelphta Stock Exchange.
Members Chicago Board of Trade.
143S Walnut Street
l'hlhidelpliU.
Electrical Utility Investments
Their Ilecord and l'rocress
Send for Booklet 138
William P.Bonbright & Co., Inc.
MORRIS WISTAR STROUD, Jr.
Manaoor
S1 CHESTNUT STUEET
i'hlladelpbla
mi York Boston Detroit
Londont William P. Bonbrlnht oV Co.
uonuw par(tl Donhr0ht .J. Co.
W Bi