EVENING LEDGEK-PHILADELPHIA, WEDNESDAY, JULY 7. 1915;
11
$SS OPTIMISTIC FORECASTS OF GERMAN REPLY BROUGHT ABOUT GENERAL' REACTION
fiLROAD SHARES
LED DOWN SWING
flees, After Sharp Brenk, Re-
Covered oomuwiiui. uumu
jlosfi Foreign selling .neavy
r ronK. July 7.-The eiocU nrnr-
.. m ft very uniiettlfcd condition to
Funs principally to forecasts that the
' ,.. ncrmftiiy to the United BUtcs1
would not bo ns favorable ns had
s. -Ttieelcd. From the opening Btoeka
L nffartd down, commlMon houses
CfcrUfSS ellcrB' nnd lher0 "" " dl''"
&, to buy In evidence. About the
aeniand came from a few Mattered
., a room traders. The railroad
Em1 ld by St. PaUl' which dropped
S,' points before noon, were the most
fiL. n the downswing, while a few
pJr .pecUUIes remained strong In faco
ft the pfuro B"lnst '' ralls' but
t" t(KV went off In sympathy with the
rtrt'eMhe llt In tho later dealings.
; 4,fi large amount of the sales rep
Cnfdpfont'takInB, It was understood
'EJfihm was a considerable amount of
Bra liquidation, which, however, was
k'ffii. again' affected by rumora
K MMlMe cut in tho dividend rate from
& eVent 5 per cent, basis at tho next
iwtme of the board of directors on
"M,2I;t . M. month. Tho annual re-
S'rt for the flecat ear, cnUlnff June 30,
V.w about 2'4 Per cent, earned on
."""ArXck. orjust half the dlvl-
V!" ti,. mrcet. or some quarters of
rU;CUderawlhonkt.t,hoaV.VwaS
IhoJlng of about 3K per cent, fbr tho
' " ..f.-.i takti omfinr thrt rnlla wnq
ft-nil wrlltCvk icbjmu "" - v u"m -
Iculivllle and Nashville, which declined
tu nolnts before mldduy. Tho roorGanl-
ntlOn Pl ui ,,u " ....-. ...
"dsain n assessment of $50 a slmic,
tiaied fl break In that Issue of nearly
tolnt to a new low record. In tho carlj
rait of the day Steel remained firm,
HI dropped oft with tho real of the
martel. Heports from tho steel trade
tro fiivorablo In tho main, and there
til n adianco In some products
Around noon some supporting oidcrs
ntn put out and there weio moderate,
rtcmrlei. This betterment was not of
loBg'doutlon, however, and tho selling
jnoTcnfst nas again resumed, driving
trial l the low of tho day, with tho
tills relatively weaker thbn tho In
dustrials, as was the caso In tho morn-
,lct Losses in railroads ranged arounu
. tro points, while In some Bharcs the de
clfao wa even greater. Atlantic Coast
line fell six points The reaction was
one of the most general In recent weeks.
h a lesson for tho afternoon decline a
rumor was circulated that the Adriatic
hid been sunk, but this lacked confirma
tion. No attention was paid to reports of
iddltlonal war orders. Foreign selling
is heavy latejn the day. The. market
ids another recovery before the close,
hlch carried prices up about u point
om the lower.
NEW YORK CURB
i BANK CLEARINGS
SSfiggJ day last two years
mn ui. mu. 101.1.
VHi trtfl T-.n ni 11(11,1? 'nrnen',..
Stair11 3'.!I'2P'2'lS a1.,'l.T03 SUl.GU.SID
2ir8U 13S12,427 12,205,163
H
nirfcan Xinc . .
-icen .
tlah-Amtrlcan Tobacco old
Malt-American Tobacco rew
Idtletd Consnlldttrd
rwne cananea. ,
ie'1 Cop
RnnA
,MbJI Valley tipal fialesro..
lIDg' r
Citvator
iEleiator d referred ......
Otrrllefffman t
dMV& Cum
Tottco Vroilucta . ..
LnlttlOtar Stores . ..
Unhdi&ar fitora nrpferred. .
UultM Proflt Sharlnsr now.,..
narMnim . ..
TtilD Doll ......
Bid Asked.
O'l ft
K
T.
. 38
. 32i
.JW m 170
Jit
7
in
1
,. ai
. ns
,. BO
.lrxi 107
.'
IS
w
00
101
120
2
y(EW YORK COFFEE MARKET
Ik'ntr rtnip t.i.. t. n.- .. m.
to 2 points abmn tho finals
Rilerdaf. Trading continued quiet.
mwwf
Trices
K . Today's Yesterday's
( openlns closo
IJW1 7.011
ijfcf ., . . 7.12 .. .
fije i 7.18OT.20 .. .
'? v '7.00
fapteinber n s.'go 83 n fS 81
Wilier nmirt0,0O n Rftjfil M
.Cjumlxr .... nR 0.8OflO.t)0
Jirtur niHflfl.OJ ....
iniirr f7oo
ilgLW"".BM 7-ooaT-M 7oos7-o:!
RATES FOR MONEY
Call
tta .'!..'"
" , 3C1 4 OIW
Ski (, .v1 ,nree ,0 ' montns, i-nu-!'f.
l;ff per cent.
FOREIGN EXCHANfiE
tW VAnt. . .
rniikit !iSlV,,,a,y J- Tne foreign exchange
ttifeaed Brm with .lemanil atexllne up ft.
Sue. Sterling Francs Slarko Llres
CaRl' 4.77 SftllJ 8l3 O.OS
F PUBLIC UTILITIES
!Ttl T,... 1, -M
it , . "" '" ot yejiow mo(or ousse3
fl' eperatlng on North Brood street
City Hall to Diamond street, and
51 Diamond street from Broad (q the
Hrnount Park entrance, apparently Is
&trowth of the Jitney bus move-
err dus Dear the name of tho
wmu ipior hus company," nidera pn
Im. !"' ara charged a straight
15- ? uut can Purcnage six ticketd
I A patent ha. k..n ... j .....-,.
54-j., ,k "" .; bnutcu wiiivii fiu-
tw. i. MDaHlon of surface-car In
JJf J "mall sections or units each
JSx'Kndlng spaca for a llmltetl
eaTn M88tnBer8. By segregating
," f Kery Jndlvlduat within such a
T cmi pUcfl frQm w,cl' ne oannot
., "" i"wvai tne name time the rail-
--.wnnuing tne unit provide him
- v'w ana natural aupport during
The Inventors believe that this
.,7' wt prove superior to the
uue i? hni BtraP8 nnd stanchions
- "i nurizuntai partitions oe-
for .1.7,7,.: '" v'(JJ ueiiniia "J
Itons K P8sen?ers at the proper
Amprtpsiti ir..... - t .
iibs- , :rnr. .r.u" qf .a.,9ir "
IllKf. r"K"o rouways aociaent re
K7 ,or in, the competition fqr
H.M.T.y menorlal 'medals which were
t year for the first time to the
Elevated Railway. Ilussel A.
- "dry V Mfjal. The ootn
rj iniuiattng the conditions of
iinH Arinur w. uraay.
t Itiim TraMlftn rAmnon.p a.f
Usu-man, Wilbur C. FUk, prjl.
MPa and tlflnhnltan TIgIImqiI r
'tfi'il vke P'dant Boston Wo
allway SB(i w H Tolmaji, st-
t. iwica awum ar
J Arnold, ehalnnan Board
Hb 7 &n1"rs, tunica go Tra
J1 w J French, commissioner
"nuent (.-ootmUsiop. Slate of
James fr itfonaa. .Aai.. .
ubiiahinj, iupan. Frank J
"v IorB 4,rvf ueorg '
"Mrjiai H,-..-..,. ipp,...Ui. .
.VUpn
iVcio Torfc Stock Sales
Low close.
37! 38K
17J1 J7H
MH f5
60 CO ,
47 47H
158 153
i2t 72!
44J( mi
lflO 100
fi2K 63
YaH 125
44M 44!(
33)i 34)(
2(' 27
10W 1'IK
4GH 4BH
G r,
2 2".
70 77
100U 100H
80 80
3W 35H
105tf 105J4
114 lit
lan. 120H
223 223
10flV4 105M
8IH 8IH
34!( .14)4
00 09
07 7
OS 101
C5 117' 4
101U 101
75Vf 76'
70 70
1BO ICO
101W 160
110M HCli
87 87
00W 60'i
28 2S
14 14
140H 142H
40!i 41
101 103'
mh am
Am 4i.
n it
28H 28).
7H bOH
16 16H
121H 121h
1G7 15?
100 100
31 31.
24
12
125
07
09
14
78
23
12
125
07
09
14
78
, , Ltt ctos. tilth
f,,lc"Oold Mines.... 38, 38M
KBMi( mt i8i
n Act Chemical 81 GO
Amn.tfiam 4gl 48
Amnrakes&Ppfte 167W 15S
jrnaiMtnatd copper. ,44 7454
Amfn-"l" 40H 40M
Amcanpref I02H 101H
Am Car Foundry.,. 61 63K
AS0?!rr5?neU-"" 12H I2n
Am Cotton Oil.,.,,... 45 44jj
AmllMeA lipref... 34 34W
Am Its Securities. 1. 1. ' 28 "8
AmUMf(yi 12 10H
Am IoromotlTB 48). 48W
Am Malt 5 5
AmMaltpref 25W 25
AmBmeltS. Ilef 70)4 78W
Amgmc!AnelPf"-. 107 100)1
AmSmelt&Hefpf It. go 80
AmSteol Foundries... 30 30
Am Sugar Iteflnorlos . 107J4 107
AuMfne(Pf 114H 114H
Am'iei ATcl 12I 12OJ.4
Am Tobacco .. . 225 22o
Am Tobacco prd new KM loojj
Am Woolen pref .... gQif attj
Anaconda Copper .... 35 Wi 35K
AlehsonT ASF.. UKH 1004
Alchlwn T&3 F pf.. 07U 07K
Allanllc Coist Lino.. 101 100
Baldwin Loco G8!i C9
Ualdwln Loco pref... 10a 101U
nalllmore &Ohlo .... 70I( 70)4
Halt & Ohio prof.... 70f 70l(
Ilankof Commerco... 1C0 100
Ilelhlchem Steel 107M 108)4
Bethlehem Steel pf... 117 110)4
nrooUyn Itip Trans. 87)4 87
Ilutto 4. Superior.... 71'f 71
Butlerlclc Co 28H 28
Cal Petroleum mi Ui
Canadian Taclflc 142S1 143
Cent Leather Co 40 41
Cent Leather Co pf. . 103K lOTf '
Chesapeako . Ohio . . 38jf 38)4
Chlno Copper 45)4 45)4
Chicago Gt West 11H 11
Chicago Gt West pf.. 29)( 2854
Chic Mill & St I'aul. 81 80)4
chi n 1 &p in ig
CM & Northwest 124)4 1ZI
CIoto A Pitts 150 157
Cluctt 1'oa & Co pf. . 101JX 100
Col Fuel ft Iron. ... ;uH 32)f
Col A, Southern 28 2S
Comstock Tunnel... 14 12
Consolidated Gas .... 1251J 1255J
Continental Can 67 07
Continental Tan pf .. 09 UJ
Com Products Kef .. . I4!f 14 W
Corn Prod. Kef. pf . . . 78)4 784
Crucible Steel 3W 31)4
Cuban-Am. Sugar .... h8)4 88
Del. A Hudson 147)4 147
Ben. &. Rio Grando .. 6)4 5)4
Detroit United Ky ..01 CO
Detroit KdUon 115 115
Distiller)' Securities... 2374 24)4
Dome Mines 19 20
Erie 2(1)4 20
Erlo 1st pt 40 39f
Erlo 2d pf 30J4 31
Fed Mln & Sm . .. 33 29
Fed Mln k Sm. pf. 49 4414
Gen. Chemical 270 2b0
Gen. Chemical pf.... 110)4 110
General Electric 10S 107
General Motors 160 162)4
Goodrich. U. F., Co. P4 64)4
Oranby Consol S8 02
Great Northern pf... 118 117H
Gt.N cfs. for ore prop 36M 35H
Guggenheim Eipl'n... G3H 03
Illinois Central 100 102M
Int Con Corp pf .... 73 70)4
Int HarvN J 98f OS
Inter-Met vot t c... 12J4 21 J4
Inter-Mot pr 74 73U
International Paper.. 9!i 1)
Inspiration Copper... 31 31
Kan City Southern.... 21H 24)4
Lake Erie & W pf. . 10 10)4
Lehigh Valley 142(f 141J4
Liggett X. Myers 225 225
Long Island 35'i 33
Louis & Kashvlllo ... 114 113H
Manhattan Shirt pf.. 1034 101)4
Moxuell Motors 38 J7
Max Motors 1st pf ... 83 84
Max Motors 2d pf... 32J4 32)4
Mexican Petroleum... 74U 73?
Minn S. St Louis.... 15U 14K
MbtF&SSM... 1I1K 1UH
Mo Kan i Texas. . . 8v 8H
Mo-Kan & T pi.... 254 20
Miami Copper 2S14 28
Missouri Pacific 5U 5)f
Montana Porer 49 48U
Nat Cloak S. Suit. .. . 694 7lf
Nat Lead Ii)4 02W
Nash C & St L 120 120)4
Nevada Lon Cop lift UH
New York Air Brake. 92 00
Now York Central... 8SH bHH
N Y N H &. It 05)4 C4U
Norf & West 10314 10JK
N Y 0 & West 27H 27
Northern PaclTlc 103)4 101
Paclfls MaU S3 32)4
Penn K It., 100 103J4
Peoples Gas Chi 115 115
Pittsburgh Coal 22)4 2Jt4
Pittsburgh Coal pf... 01)1 93
Pressed bteel tar..... 47)4 47
Pullman Co 150 155)f
Quicksilver 2 2
Hy fateel Sp'g 30)4 30)f
Bay Con Lopper .... 23)4 23)i
Reading 147H 147)4
Kep Iron & Steel 29)4 29
Hep Iron & fateel pf.. 87M 8711
Kumloy M Co 2 251
Burnley M Co pf.... 0 0)4
St Louis ASK.... I) G)t
St L Bouthw'n pf. ... 37 30)i
beaboard Air Line.... 11 14
beaboard Air L pf.... 3-1 34
Sears Hoe & Co 145)1 144)1
Eloss-Shef S 4 I Co. . 31)1 34
bouthem Pacific fc6J4 88)4
Southern Ily 15t 16)4
Southern Ily pf -61 40
Standard Milling 3)4 53)1
btandard Milling pf.. 71 72)1
btudebdker Co... 78)4 i0)i
Studebaker Co pf..... 100)4 100
Tenn topper 36)1 36
Texas A Pacific 14 13)4
'third Avenue 52H 62
Union Pacific, 127)1 120)4
Union Pacific pf 60)4 b0!
U B Ind Alcohol 66 f5)4
U 8 Ilubber 46)4 46)1
U B bteel GOH 60
U 6 bteel pr 109)4 109)4
United Cigar Mfrs.... 45 45)4
U 8 Express 65 07
Utaii copper......... l7)4 U7
VS-Caro Chem 32)4 31
Ya-Caro Chem pf . . . 07)4 U7)4
Wabash pf U H
Weatera Union Tel... COH 68)4'
Westing E&M ... . 19 OSH
Wheel 4. L E 1st pf i 4
Wnel & h E 2d pf. 1)4 f
WUlys Overland 125U 120)1
Woolw'h V W Co.... 105)4 1004
Cents pr share.
COTTON '
NEW YORK, July 7. Cotton opened
quiet and steady today at a decline of one
to two points. This showing was better
than had been expected in view of the
faorabla weather conditions and lower
cables from Liverpool. Trading was not
active at the start, but later offerings
from outside sources Increased and prices
sold oft to.a net loss of about Ave points.
This has furthtr extended In later deal
ings, the average decline being about 15
points by 3 o'clock.
In the final dealings cotton Increased
Its decline to about It points, but rallied
a little at the cloe, the average being
about II below yesterday's.
Ye. Omen-
? ffrL Hks.
;nury . -js f
.. . X-M IE SM
8.5S :3 S st
. . if 45 li? 10 40
a. wa
29)4 30)1
e8 88
115 145
fi'4 5)4
69)1 59'1
114 114
22 22)4
1SJ4 20
2511 26)4
38)1 39
31 31
29 29
43 43
275 280
110 110
104)4 165
158)1 1581
5211 63
02 02
110 116)4
34)4 35)1
01)4 62
09 101
70)4 70)4
OS OS
21)4 21M
73 73)4
0 0
304 30)4
21)4 2t)l
19)4 19V4
141)1 141)1
223 223
33 3)
105)4 108
101)4 101)4
34 3t
t2 82
3J 32)4
711 71)4
14)1 14)1
110 110
BK 8)4
26)4 25V4
27)4 27J1
4)4 5
48 48
71 71J1
COW 60)4
120)4 120)4
14)t 11!!
89 8J
b7)4 7)i
C2J1 03
10.1 103)4
20)4 20)4
103 103)1
31)4 31)4
105)4 105)4
115 115
22)4 22)4
03 93
40 40))
155)4 155)3
2
30 30
23)4 23)4
145)1 HU'i
i8)i 28)1
87 87
2)4 2)4
6)4 6)4
6)1 6)4
30)4 30)4
13M 13)4
23 33
143 113
32)1 32W
84H 85)1
14 14)1
46)4 47
03)4 63)1
72)1 72)1
7(1 7i!l
100 100
35 35)4
13)4 1J)4
61)4 62
124'f 125)4
iO)i to
54)4 65)4
40 46)1
68)4 68!4
109)1 109)
45)4 45)4
67 67
U5)l Ud
31 31
97)4 07)4
)1 )!
CO 66)1
U. OJ
1)1 HI
125)4 126
104)4 104)4
way .
Low clow.
?7 B.TU
8.07 SOT
9.4B V 52
8.70 8 75
lass xi.
N. Y. Zlnp Co. Stock Issue
SUP ffJSSSSWfiSP
I.IS.OU0 000
rh (23,000 000 new lo. W Is to bt illtrllui4
4 i LOvS dflvlit-ftd U hoMkt Oil lftl. or
Ivtu 4Dji iSi liu If tiliuies uf n6vv situ k lui evr
bjir uf tbe JJ ,ioh The iuaiuy; .uiplus
f
Us W npnklwi.tir
New York Bond Sales
WiOO Amer rtgr Ss ,
im Amer lirae t L, Hs
High
.Jul
luu
10914
,e
H(U?J
. &,
wis
. Km
.ciAAIAmr 0hiiu
WW Amer il clt . . . .
4m) Amr '11 ct i..
I1A1U Miner Writ 1'ap as .,
Im.iuo Atmieon cv 4s 1WW
iwi Atiniaou cv i tiu.
iM Atmn Co Une lt 4s
Kftfti f.Hit Sr llhtn AtA. -
lvuuj tiHit m Ln,o a . MjV,
JtlfeO Irtllt M cmo 4.V 47tS bo
WI L . U I l,U V ig Mill
aWJ au e O 8wn 4A. .. til
lu.nl i.e,ii rftti i.t ,, . tuu
WvtKI Uittl &tl 11,1 6s ,.t tot
)MA brmiK ld lr ta is .llM
MM IIIWIX Cll tAV JSt M..1IJEI
,iiw liu iiuher lit i.a . uu4
S.j.,0 Ltnt ui 1st 49 , . Mm
-iuu irtva c Ohio lv 4Hs
tort. Close.
1U1 rui
lut'i ltd
ni.iu. iua
iS 1$
SB-X
,
8)4
iWi
01
lU
W
W
HO
W4
n
lw!i iw
Vivi .wo
1W Lias ,v unifl 4Hb
. 11W .IIM unio OS
Viwi CMil Cop 7 .
aouu cm tMiit 111 Ss...
iiAi cm a. iSnii gm 4.,.
uMu.fl Chi 11 A I) Joint 4i..
IMU Chi II .v u (tu 4S .
11(00 Clll 11 U ill 4s
muni cm M b I' cv s ret lui.
Whll LUI M & B 1' U 4s. Ml
CUVIHJ Clll l IS 1' CV 4.t1 UU
iWii chl Mil H 1 gen ls nNi
i'DtiO cnl It 1 t I' col Us. 100
.lumi col & souirt rr im . m
con (iaa tv 01
lOUii Uen c Illo llr la
4 wo Die frtar Com 6s
UWAI l)u l'oiit Pbvtil m
SIM) l.rlo iti.iv 4 b fcr A .
2Uki Urlo roiiv 4a arr H..
11.00 uen F.lco dab As . .
(iOUO 111 Steel tleo 4)js.
Hiw Iowa Central m ta
nun 111 nil la 11I.M .
171KW lnp tv rci 3d pd Ua
LWJil intorb Met 4'4 ...
Mnm lntrrb It T ret 4a...
1100") Inter Mer Mar 4149.
81
1U24
117i
u
UJ
iuS
W
VI
.1111
I"V,
. tit
. MV,
111
Ol
.luu
hillL
.TW'l
lldl
10J
vw'4
71H
e
luo
II
I'i'H
7l
tt
li.ilS lust
117 117
WH W)l
i w
iBH, MM,
w no
I.SH W2fc
ll.ll lul7t
ru bu
HH)
i
0
Vi
On
Oi)
11 U
MIH
UU-l
fa
int;,
IliU
III
10
AI
102
Htl'4
:jhhi mteml Strn 1'umii Ss
WW Jap nen Uer ata 414".
.101.0 Uiika Steel 5s lU.'iO
Ctnx) Uk nh lel l UMl ..
KIUO LlK & M T Se ....
C0O0 IiOrtllarJ
10OO1) lxiula & Null 4s ..
Wji) Manhattan n 4....
SWmO Mlih c.nt D 4b ltiai
LMiO Minn at C. 4
J.KJO Mo Kau St l'JHi
r,rx Mo l'ocltlo toim ns .
Iikai Mont l'ower Sa
."hju Mil f.nain A Htp .Is..
lint .Nat C Ac St I. fis .
Kudo n y c a n awa . ..
6.VK.K) di) l.s ret
1IVO do Jlal . .
J00 llo 4
Van, N V City 4Sa 'Ul ..
(,701)0 do 4 !js w t . ..
I(4i iio 4Vjs Nov 11)5,..
1(KK) N Y Ua II R 1' 4
HUM N N II At 11 lis .
Iinioh N V llm 1CI Is .
iCJ do ailj Sa
4Sil)il N V iel Kin 4'ta .
rHHl Norf A West 4s. ..
4i(.00 Nor Pac prior 4s
SN'oo Nor Vac pen .la
Wiuii Oro Short l.lno 5s. ..
low I Out l'ower us .
limuo 1'm.lilc Tel 3a
4tOD Pmna cv JHs
HonO Pennn Ken ct lias ..
liiWMl l'enna ii i-ab . ..
i lii.i ..
l'J7
. 7JS
. 07
, 8tf
, US
. r.iu
. 7J
, N)
mi
.100
. wi,
. Mlj
WP
M
I'lU
IH)U
IM'i
llij
77
10.1",
hi1,
. Ml
. US
Ml).
MJ
Ji4
70i
. M
lilli
. 87 '
IH)U
. tu.
MH
. HI
11714
.mum
l! If,
a
4SW 4S4
71l Till.
1.1
7S'4
UOJ,
r.it
M
7IH
72
SI
111 I
J 7
7S'i
U7
Olli
53
7J'1
)
Ml
11.1)4 11HI
10 UUl,
AoJ
S4
im
iil,
luu
1111 5
.'iii'
MI(1
w
W)W
Hi,
Will
Hjlll
MJ), lun 4
Ml fell
Ul Wi
lill'i Ml'i
10 lUi
Kl'i
ll"-)i
70'4
MW
U4
bVli
UJ
W)
70"j
St
111
b7lt
ll
1.
ur'
mi",
"I '1
U'4
Mil
IU1
Mini) lVnna. tis
njiMlal 1rnrflni7 ren la
looi) Hep Cuba 5s 'Ol
71X11) Itep USSh W10
Ji Oil Uock Island Is
ILIUII. (In. I. lull.. 1.1 .1.1 J.
inrnr ,.in .ot.ti.u t.. . V."
II on IlocK isiana 18 . , t'.-i
11(10 M LIMA: So ref in. tW'4
ilKII Bt 1. 1 M H Olf Is . CSVi
1WO Seahoard A 1. od) 5s . D-jls
40J Soulh Hell 5b . . Ui ',
toio houth l'ac 4s . flU
4400U Soulh l'rc c la .. . Mi's
4WW do cv ret ( p f '34. Ifl
4O0O Soulh l'ac rfd 4.. . PIli
nnoo ftoulli nwy gen 4a tili
K0) South Itny eon Ba . I)"J'
7C00 Toxna fae iai us
1000 Third Ao no Is..
.IO1O U S nuliber (a
limin t; s steel s
7"!00n Union 1'nc 1st 4s
HOOO I'nlon 1'nc iv 4s .
B1000 I'n ll)s S P la
r.wio Vb ny 5b ....
lOnO Wabaah 4s .
l'.lOO IVn.b-1' Ter 1( ct 4s
127000 1 cat n A M. ev Bs
1000 West Shore 4a . .
iron Wheellnir & i"1
lOOO WUcon Cent gen 4a
lvnt, M'fc
Ul Ul
Kind, luu'
U7), U7V.
KTJHi 11C14
Ull4 Ull),
U1'4 ldv
unij, li)a
Vii I'-'k
Mi, M4
ia wi,
ll'i 1 ' 71
MW,
.1024
101
. 111
. W4
41
Ull,
loii'x,
HT4
. 51
8J
III14
5W
HI'S
U7X
8UH
Ml
HSU
IH4
JIH
Ikl'.
7!'j
11 ,'4
UUli
tlJVi
uin
mi,
Ml
Sty
uuji
u.1'1,
Ml
1W'4 M-'4
r:h
Ml
III
SS
41
Ml,
i
1,1,
111(4
Ssi,
4J
Mil
10l, MJ'l
W114 Hb
M 11
8J SB
5aes in Philadelphia
10
155-.
211
031
10
20
1(1
10
7(1
17UJ
201
20
.III
BU
1211)
11)
Ml
141
111
ISO
r.7i
71
M
l.m
IW
1'iH
ll-i
11
who
fix
Yea close
Amr fnn ....
Uald Loco
do pref
fn.ii tlli,l
Col Petrol . ..
Con Trac N J..
Eleo Storage. . .
Uli Secur
Ke Tel . .
do pref . ...
Lako Sup Corp.
Lehigh Nav . .
Lohlgh Val
Nev Cona Cop..
N Y N 11 & H .
l'enna It It,
Penna Steel pf..
I'hlla Co
dn turn pref...
Phlla Ulec
I'hlla Itap Tr . .
do ir ctis ....
. ii
.103
. 4S'i
7J
. 8.1).
11U
nntillne
bo I'acllic
5.1
BK
.11
M)
M7'i
:
II
71
4'4
.a4
51"
w.ii
Ul4
200
oixki
121
its
1000
20(0
IllHK)
2i WO
2000
luuo
lMKlO
2000
SKI
Tsl
1000
25000
s.t...l.h.lior
Ton Uelmont . .
Ltuh Copptr . ,
I'n Traction ...
I, aas Imp ...
'L n Coa N J
1) B fclcel . .,
WcBtm Coal ..
ll'm IVnmli A H
uiviueiiu.
BONDS.
Itst prov.
sale.
Am Ona & IU Sa Ml
llHld I.o 1st Ss.MJli
Cam Stl sen 10 UO
do Mov 11)17 U7H
fU t. re trnn Fk . .
Key Tel 1st Bs.. OIU
1.0M r, ions Hia imrj
I, V e cona 4
1'eo l'aua t c
High.
lt't
70
BJ'a
2.1
H4
74 Iji
7t'
fll
51
fill
illU
7si5
si',
71)
I'-.
i.n'6
.11
Kl
22UJ
110
(OH
Low. Close.
714 7JJ4
1 w
10H4 10171
48U 4S4
1114
70
5J'
23
1V4
(XI
0
7in
711,
14
(till
BJH
B
ft
S",
711
'.'js
Ml.
.t.'I
Ml,
It'i
70
If"
o,S'4
U
7l'i
BU
JU
S'JJj
23 J
7
K1I
"II
4'i.
I;n
jm
3S(J BS'
lll'j vol,
5J UJ
ns.. ui'.i
4 its nsv..
4Hs 08U
B 4s .
Ptnn B 4V.s t 0 07)i
l'a eon. Hna w i.u.i
Thlln Co 1st Ba. ODyi
I'hlla Co scp '1(1 DO
., mu 111
Heading gen 4s 111), Dljn t)li
do Imp 4a.... (lit WS H
High.
K314
Ml
l)D
07
111 v,
1)114
uii
711
10.
DO
till
Ill
Low Clone.
S314
10214
ll'J
7Ni
S314
OJVj
RVj
5
812
U74
Wi
US',
DRli
70
U7JS
MJt.
OT
III)
ftl
10.
OT
D7?i
1I7W
111
USI,
tlRl;
7UJ
07
10J
00
mi
01
U1H
01?,
I Local Bid and Asked
nun- ?4 sua t c ....
do preferred ....
Baldwin
do preferred . .
Cam Meet
Llectrlc Ctornge . .
general Aaplult . .
do preferred
Kej stone Telephone
Ke stone Tile t 0 .
Kej atone Tele pref
Uiko Superior Corp
Lutilgh Navigation
Lei Igh Valley .
Lehlnh Valley Trac
Lehigh Valley Tr p
1'ennaylvanU
limit, itv
I'hlla Co ,
do 8 per cent pref
do il per cent pref
I'hlla II T
do t 0
iTteadlng
Tonopah Ilel ...
Tonopah Mln ..
Union Trac
v a 1
U S Stexl . . .
York lly rrt
(Vm Cramp to
fix dividend.
Today
Bid. Ask
. . l-'la 1 1
.. 87 H714
...07 H71J
..Mill 10-.'
"VI
B'J
:iit
(VI
11
53 '
3J
.. 01
Mil
i.il
.. . M Oil
. . 71U 7 UJ
. 70H 71
ref 2814 884f
. O-'li BIS "'
ft
'1
M
81
V4
IBlU
ns
. nu
"
,. 4 1-10
:: Si"
... ic
UiM, 01
"War Hits British Trade
LONDON, July 7 -An official atatement to
day cmphtstsM th blow tho war haa dealt
Engll.il commorca Kor, lha month of Juria.
ftll IJrUlsh Inipoita Increa.eU mora than
$$0000 000 over the same month In 1014, a
largo part or tha IncreaM comlnx from pur.
cltaMsIn the Uultod State. E.pyrta for lha
iiin month ahovvej a dcr of oir MB,
CbO.W). .
NEY YORK HUTTEIt AND EGGS
NSW YOKK. July 7 -BUTTER -Market
wijker rwelpta. 49.80H raekagea. extra, 27K0
, hgi liorlog. tt4SUc..aias dairy, ft
tJ7U , ImiiaUon craamery. l4e
KfintfMirlut Irrtgu ar, laeelula, 17 768
c5m- astra rlr.t, iMile frwh gathi(
a'lSlBe., fresh Htborad. nearby whltasi
fi&7o!! mli4 color. ISajSSc . naarby browasj
Ilecpiver for OulTalo Traction Co,
BUFPAUO. July 7 -SusreBM Court has ap
paKltdOsorso Billlock wlvr of tha Buffalo
and Laka Erta Traotloa Conuany, eMratlag
iuiount ta 17,000.000. Tha ro4 will b reor
(aalsad. Close Contract for 1200 Box Cars
MOKTIISAI July 1-Vf W. BHtlsr
vie waiiUnt of th CanadJan Car and,
Foundry Company, has announced that
ths vonipaoy has raceived an order from
the Railway Executive Committee of the
liitlish War Orttie for 1JW four wheel
iMiiiueulal life i ton Ut44-frft bx
oars, valued ,t 1,.M.
LOCAL SECURITIES
SLOWLY SAGGED
Weakness Developed in Bald
win Locomotive Cramp rtnd
Lake Superior Irregular.
Irrcmilar declines and a far degree of
activity ninrked tli dcnllngs on tho Phil
adelphia Kxchnnge durlns; tho sfeafer
part of today's session. At first wenknesa
developed In Baldwin Locomotive, tvhlch
cost it more thrln a point loss, but n rnlly
set In Inter In which most of tha decline
wnB cnncclcd When the New York stock
mnrket Uilied weak, nrouud midday,
llnlduln slipped bnck again Meanwhile
Crnmp 9lil)bulldln shares nnd Lnlte Stl
perlor were In Kood demand nnd both ad
vanced, tho latter being nldcd hy optim
istic predictions of increnslna; orders, for
rails ns well ns tvnr supplies Tho quo
tntlon did not hold, however, when tho
Benernl list turned hentv
Llnlit prcisuro nppenred nsalnst United
Statei Htetl nnd ItendlnR, each receding
inoderntely, nnd rennstlvnnla also win
Inclined to sng. Kcystono Telephone pre
ferred fell 214 and Consolidated Traction
of Now Jersey 2. Union Traction,' Ilapld
Transit, Storage Bnlterj, Cnltcd Gas and
Lehigh Navigation all cased off In the
later dealings Baldwin extended Its de
cline to about J points below Tuesday's
close.
Hond dealings tvoro not so large ns In
recent sessions, atlhough there waB ome
brisk trading In Pennsylvania t'is.
Money remained easy, and locnl bankers
cay It Is fairly certain to remain so
while there is no chance of any gold
leaving tho country They point out that
Cm ope Is bound to bo more nnd more
In our debt, nnd that only In tho caso
of soma one of tha countries defaulting
on their obligations Is thcro n llkollhood
of stiff moncj, even though the crop
moving period Is upon us. To bo sure.
Huropo Is steadily liquidating American
securities, but tho volume lias not been
sulliclcnt to cause a material ndvunce In
foreign exchange rntcs As an Illustra
tion of the present case or money heio
enmo thn nows that a $500,000 loon was
placed In this city todav with a promi
nent downtown Institution until Janu
ary 1 nt 3' per cent
The lecont nctlvltv. nml strength In n I
du Pont de Nemours 30 yenr tu, per cent,
bonds has cnused the suggestion to bo
mndo that the Issue may ho called In
Thcro aro 115,111,000 of tlicso bonds out
standing, nnd they oro callablo nt 110 on
four weeks' notice pilm tn any Interest
raid. Another huge order for powder
irom nbio.nl was announced.
Financial Briefs
Brndstrect'B says: Wheat In tho
United States cast of the Rocfclos de
creased 2,278,000 bushels, west of tho,
ItocMcs decreased 81,000 bushels, wheat
In Canada decrcuscd M7.000 bushels, nil
American decreased 3,206,000 bushels,
Kurope nnd afloat lucrenscd 3,700,000
bushels, world's wheat Increased 191,000
bushels; corn. American, decreased 1,
Hfi.000 buthels, oats. American, de
creased 2,275.000 bushels.
Only threo noteworthy changes oc
curred at tortny's auction salea of ae
curlttes Second and Third Streets Pas
senger Rnllway fell lOVi points and
FnrmerB' Trust of Mount Holly dropped
20. Klro Association shares rose 10H.
Announcement Is made that the capital
stock of the Delaware Insurance Com
pany, of Philadelphia, lias been stricken
from tho list of tho Philadelphia Stock
Exchange, tho company having been din
solved. '
The Now York Curb Market Association
has listed and admitted to quotation 720,
100 capital shares nnd $10,000,000 first
moitsnga 8 per cont. convertible bonds,
duo 1025. of Kcnnecott Copper Corpora
tion. Tho stock Is without par.
Tho Joint Boorganlzatlon Committee of
tho Wabash Railroad announces that In
view pf tho postponement to July 21 of
tho sale of tho property under foreclosure
that tho time within which further do
poslta of both bonds and stocks may bo
mndo without penalty has been extended
to nnd Including July 17.
Many Investment bankers of this city
aro ui ranging their business plans ho thut
they will be abla to attend the fnuith an
nual convention of tho Inicstmniit Bank
era' Association, which will be held In
Denver, September 20, 21 and 2-.
Samuel C Carter, mnnagcr for William
A. Bead & Co., 1b on u month's vacation
trip In Canada.
Tho Stowart Mining Company declared
an extra dividend of 23 cents a share.
Amos F Hill, of Lowell, was appointed
receiver of tho Norton and Taunton
6treot Railway Company.
Charles 11, AVlison, general superinten
dent of tho American Telephone and Tel
ctiiaph Company, has been appointed to
tho novvly created position of ganeral
manager.
Tho New York banks lost to tho Sub
treasury Tuesday $10,150,000, and slnco Fri
day last, $21,833,000
At the regular monthly meetlns of the
board of tho Chicago Railways Company
no action was taken on the semiannual
dividend of 1 per cent, on series
certificates, panblo first week In August
The Baldwin Locomotive Works today
received nn order for six narow-gauge
locomotives from the South African Kail
waa at a cost of about $00,000.
William Shlllaber was elected a direc
tor of tho American Light und Traction
Company, succeeding the late Thomas II.
Hubbard.
The appraisers who have ben making
an estimate of the value of the holdings
of the International Lumber and Devel
opment Company made their report today
to the clerk of the United States District
Court, their figures giving a total valua
tion of $738.736 80.
Steel Prices Advanced
Manufacturers In Ptttaburgh have advnnred
price, for galvanlinl wire and nail., pollehed
and xalranlied staples and painted barbad
Klie ti a ton It la reported locally that the
Thomas Iran Conipany haa marked up prlcos
96 cents a ton for number S. making It
$14 a furnace. Several Important sellers of
foundry and malleable pig Iron have with
drawn quotations below $12.75. valley, third
quarter All c4m of pis; Iron are firmer.
The taalo la J12.W, valley and Beattraer
I1S.T5.
LIVE STOCK QUOTATIONS
ClllCAOO. July T HOGS -Itecelpte. 21,000,
market atrons and hlsher. mined and butahua.
CArrLB.-PiJp. H,fru0, tuarktt fcteLdv.
Q49VM. eW.W" W. w
II.MV. WW IK, 9
rrLB.Roelnl
i. t&tKwlOSD, cowi and hUtr,
ifcJSLrjarTe-
m
v aad weatera, $.'
Ifera. 3
lvea. ST 5OC10.TS.
market ataady,
e.75, lemee. $T9
Woatlngliouse Plan Operative
HlfW YORK. July T.-At a .pacta 1 meetlne
oi director of the WeetlnghouM Electric .no
leturina wMiwir vow, ine pua can-
imm unmi, u, ,4ta
"
(MVettil
I ris a
e preaeat S per MR,
the Ouarutr Tritat
i for a aev leaue of
IhU Load, wllo
u, aa ucaiDHd
-. r ".iir."? -. . .vir n
ai. convaniiua imnn tvaB oaeiarea
osetllve. sxeua will taw be teltea to oner
tne sew boa4 to Mocktvoldan, for aubecrlp
UoB. AJTo.tetojHU Iwve been made with
Kuan. LHt a, Co to underwrite the unduvnoaed
dUioeta tielane ol the old boade
AUSTRIAN LOAN CLOSED
VIENNA Jui T Tbe eerond Austrian war
loea of ta8,OuO OOO M cleetd Tu.0
PHILADELPHIA MARKETS
GRAIN AND KLOUIt
, MltKAT. Iterelpt. 28,208 bu.h. The mar
ket ruled nfm anrt advanced lc under hither
VAeatern mlvlrea quotation.- far Iota, Jn ex
rort elevntor-No. i red, nominal II.'ImIJii,
No 2 red. neelrn,,noniinal 1 OTfli 31. Ko 1
Nortbcrn Ihilutli. t HVI 41
COItN. neeelpts, riooo bu.h. The market
wris iiiitil, lmt tirm and price nnvnnced r ,
!''. sjrnpeihr. with the Vv'o't Qnetatlona, car
let fur imal trade, na to lecatlon-No 2 stl
V'!c,t',4',! steamer yellow, BSHffSSV i
No .1 tallow mAsiue
, OATS. Itetelpta, 13,382 bush Tha mar
ket was 14,1 higher under Uronger IVwern
aivlctr. hut rule,! qnlel rjiiotailon Ke. 3
white Mi4ft,e , tir,,ird white, avafllWc ,
No 1 white, MVjatme.
Jl.Ot'lt. Itecelpte, Into bbl, 1.1M0.J52O
lb. In sarks tiemand was light nnd prices
neie wllhout, important cliange Quotnilon.
t'ljl, per lim lb. In no.l Winter clear,
l5.v",t,0 "Might, S,10ll,lTn; do., jMiieni.
n i.ift(12l Knn, alraight, lute lack. Jlfio
Ml I3l do patent, Jute aca, SO.IMjn 101
sptlng, nr.t, clear, $ii ItftO 10, do. straight.
iil(iftii0", do, patent JiilWanOO. dn ,
favorite brand.. 7M7 !, city mllla, choice
ami fancy intent, Tfl7 21 city mills regular
gi-adea Inter, clear, ISSIfllW, do, straight,
Mi)B17." do rtent fli.lflilM
nvn ri.Otlt sold .lowly and ahoned no
Imtortant change quotation Nearby and
Western, In wood, at fi,f0 10. ns to rniatltr
PROVISIONS
.The market ruled ftrm with a fair Jobbing
demand Qiiolallora City beof, In aeta,
smoked and nlr-drlod, 21.ilc Wfetern beet. In
Beta, amoked, SWJ'le Clt beef, knuckle, and
lender., amoKed and air dried, 272!. ,tt',,
jrn leef knuckle, and tender., smoked, 27
2Sc Deaf bam., HUJ12, 1'ork, family, 2S0
22 60 llama, ti. p. cured looie. 115,014c
do skinned loose iUiOtTKci do., do,
moked, HHSHc. Other ham. amoked, rlty
vured na to brand and average, MttSllvc.
llama, amoked We.tern rured l4l41H.. do.,
tolled, bonelea, 21ilc. Picnic .boulder. S
P cured, loo.o, ltH12c . do, .moked, 129
t21,c. llcllle. In pickle, according to aver
age, loose, Uijftllc Drcakta.t bacon, aa to
brand and averapc, city citied, t7QA18c. Break
fast tacon, Western rured. I"ri8c Lard,
Wi.tern, refined, tierce.. toUsiO'Vii-.i do, do,
do tub., lOHplOV Jjird. pure city, kettla
rendered. In tierces 10HUl(lc tJvrd pure
city, kettle rendered In tuhi. 10tSO107ic
REFINED SUGARS
Tha mnrlet wt,s quiet but a'endy We
quote rortnerV Hat prices standard gran
ulated "15c, extra flno granulated 0 lOo !
powdered, ll ;0c , can'cctloncrs' A, 0c : o!t
grades, ,l2rBSRV
DAIRY PRODUCTS
lit ITKIt. Demand was fair and price,
n.rt, ncl mnlnlalned on line xonda quota
tlniH We.ttrn. solid racked crramer, lancy
arrrlala, in'jt extt.i, : , extra Urate 27',
W2se , llr. la. 27c , rpconas, 2"i'tJ2itc. , nearby
prints tancv. I.v iiverage extra, -'lifnlc , do,
tnlr to good, 2iii(27c Jobbing rales of lancy
prints ,lirUiir
1".(I(1S. Choice eggs were In fair request
nn I .tend, lint nicnlum nnd poor stock una
dull quotation, lti flee cs.es nenrhy extra..
.ic per mix nr.ta, f r, m ter nnnoarn ca.n
r. hi i er
rby cum nt rei elpl., '. M per iae, W c.l
extra flr.ts tn per cose, nr.ts, 1 r, per
cure fancy .elected mndltd eggs were Jobbing
at 2.l27c per dox
CllcRST!. Trade was oult, but the mar
Vet ruled steady under moderate offerings. We
quote New York, full ereem, fancy, new, ltr
ld'vo , do tin, fair tn good, new, IJfflJHo ,
do., art rk.rrm, PCl-1e
POULTRY
l.lF.r- t.lve fovtla were firmer, wllh a
good demand Chickens were quiet anrt ea.ler
quotation. Fowl, aa to qualltj, lS'i184o.i
foosiera, 11912c , broiling chickens, fancy, not
leghorns, weighing l'if)2b apiece, 21H250.I
broiling ehlckena not legliern., weighing 181U
lba apiece, lS22c , broiling ehlckrna, legherna,
welshing P eft lb. apiece, 2022e.! broiling
rhlckrns, leghorn., weighing loIVi lbs apiece,
tiffllic ; dtickr. I'ekln, old, itelKc : do, Indian
Ilunner old, UffUc . ducks, oung, arcordlng
to alie, ll7c.i plgebn., old, per pair, 2182.1c.,
do, joiing. per pair, 208lc,
I)Iir.S8Kt) The market ruled firm under
.mull HUpplltH and a lair demand for ile.lraule
stock .quotation, rreah-klllfd poultry, fowls,
12 to box, try-picked, fancy .elected, lfle,i
welablng 4Uf7,-, lha, nplece, nVjc i weighing S
4 Its apiece, lsi,c j weighing ft lba apiece,
1O401tUc.i undir .1 lba. apiece, 144friHc.
Ice.parKed Weetini, 4ij lba, and over apiece,
liV&c, do, smaller sires l!trl7c; old rooler.,
dry.plcketl 12c , broiling chickens, Jersey,
fancj, 31H12c , other nearby, fancy, 21ff,l')e.j
Western weighing 141(2 lb., Jia20c.i do.
10317c, squats, per dot., white, weighing ll
to 12 lbs er do. 1110174 00! white, weigh
ing P to II) lb., per dot., flal.nO, while.
to 12 lb. er do. 1110174 00! white, weigh.
MIK ,' ,,, IU ,S I1CI llUSt, , .tu, iviiiin.
-..I.kl.. D ,4.. a.k .,.- inrt.l n Jl
.VJI1.I11IIR " L 1TI ll'l,, - 1"llA,,n, I1U , ,
Its. rer do. H.WtS.'.'O. do. do. (HI OH lbs
per dot , l 40171.03. dark. I 4001 05, .mall
Its. rer do. H.Oo.tS.'.'O, do
per an, , . i
and No 2 ?l
FRESH FRUITS
Desirable alock sold fairly and valuea gen
erally ruled ateadr quotation. Applea new,
trim. parent, per hsmncr, tl 2.VJI 7fi. l'caehc.,
nwrala, per crate, II 2Sfl2 2", Uimon., per
box 3 29I, Ornngra. Florida, per box, 2)
". "0. (Irrtpofnilt Florida, per box, IH12.RO
rineapp!e, per ciote Porto Itlco, l.B0O2,S0i
riorlda, ll r)iI2.M0 Cherries, sweet, per lb,
ni(7c , do , sour per lb , (iffltc. Plums,
Oeorgla, per cnrrler, I1.WJT2. Currants red,
ner qt , Mf,c Btrnwberrlei per qt. New
York, lltflKc. Illackherrlea Delaware Mary
lind and Jersey, per qt., Mt7c (looseberrlea
per lt 3f!lli Huckleberries, per qt,, StPllc.
rta.pberrlea, red, per nlnt, Ifric Cantaloupe.,
O"oigla per crale llffjt DO Watermelons,
riorlda pvi Ico twrftO
VEGETABLES
I'otntnea wero In fair roqueat and atendy.
Onions were weak mid lower and under more
literal offerings Other vegetables were with
out Important change. Quotations White po.
tatoea, Norfolk, per bbl, No, 1, 11.1317 l.M.
No 2, 401TJOc while potatoes North Caro
lina, ter bbl. No. 1 HOc fill . No 2, 40JT30c .
onions, Uermuda, per crate, V1B7.V , do., Jer
sey, per Vbuali bn.kot, 2"rff15o, eggplants,
Florida, pel box, tl 7302, do Norfolk, per
irate. 2 i.VH.1 cucumbers, North Cnrollna,
per Vi-bbl. basket, rotinoc , do , Norfolk, per
l.-hlil basket "MffiO. do. Norfolk, per bbl ,
1 SMfl.So, curn, North Carolina, per crate,
i.'.cQM peppers riorlda, per rnrrler, IHfl.Sli
tomatoes. Jersey, per basket, 7Se.HU. 21 do ,
Ml-alaslppl per case r0tii0c , aapaingua per
biim.il 'fllTic , mushrooms, per 4-lb. basket,
i0c V! "0
SECURITIES AT AUCTION
Tho following securities were sold at auction
today h Parnes A. I.ollnud
I3C0 Altoona & Logon Vol Kler. nj. Co.,
Ity per cent .unsolldntril mortgnge,
cournna Icb and Aug, due 1IKU.. . 82
500 Altooniv . Logon Val Klec. Ity Co.,
Hi per cent , consolidated mortgage,
couponn Feb and Aug., due ID 1.1. . K2
20hra 2d & Id St. 1'a.s Ily. Co ... .210
0 ahra I.ehlgli Coat A Navigation Co,,
par 11 . Tl!i'
10 shrs Young Smj lh-rield Co., pref ,
pir tiro (1 Bhr common stock bonus) 00
I.O.hrs San rranclaco land Aa.o ..lot ft
12 shra. National Tire Insuranro Co.!
ino hrs IWrell relroleum Co.;
120 h-s llcekman Oil Co. 2 ahrs
Newport News ". Mississippi Valley
Co . $7.1 Newport News A Jtl.slsslppl
Valley Co (e(ock scrip) ... .lot ID
2arr. rtlveralde 'lYaillon Co. pref.. 8')
21 ahrs. Martonl Wireless Telpgroph Co.
of America , par 13 (temporary
certlncalie) .. ..214
1 shr. r.lUabatli A Trenton II It. Co..
pref . 40
4 shra. Kllxabeth ."t Trenton It. It. Co..
lommon 2il
S0O niverslde Trnrtlon ro,i ,1 per cent..
1st mortgage, coupon. June and Dec,
due im,o . ... W,i,
I shr. Fire A. so of Phllo . par fvi . ,.12"V,
I ahrs Phlln Natlopal Bink parin0.4l3'
lR)ihr Pnnnera Truat Co., Ml. Holly.
N. J , pir f 100 lto
1 ebr. Tlnaa Tni.t Co. par 130. MU
to ahra. rhlla. Life In.. Co , par 110 10
2 shra Phlla . Clermantonn & Norrla
town n It Co. par 10 . ...IWi
7. bra ritltrns (10th nnd 11th Sts )
Pn.iieiigir H II Co. . , .... ,..201
1 ahrs. Amir- Dredging Co . par 1100. 87
2 hrb I)o Long Hook . Hc Co,
par lind IT
10 .lira Tutted Ga .4 nice, 1st prer . 37
10 ahrs. Auxiliary Tlrcf 'Alarm Tela-
tjranh Co, com, par ItOO..., ... 63
$1000 ritv of I'hlla . 4 per cent coupons
January end July, duo 1040 101
I
MINING STOCK QUOTATIONS
TONOPAH BTOCKS.
Hid. Asked.
Jim nutler .'. 00 1.0U
MacNamara m .01
Midway Ill .!
Mlrpoh Hxt , 21 21
Montana 2T ,?s
Nnrlh Htar 11 .10
Ton Pel 41;in 4H
Ton Kxt 213-1(5 .1
Ton Merger 41 .12
Ton Mln 7W 711
nebcuo Hula 0 10
West End M .81
GOi-DFtnLn STOCKS.
Atlanta : 10 ,2
niu nun , o.t .oj
Ilooth 4S .30
nuiidog ni .oi
c o i oi .on
Cnmu Krnc i OR .10
niamondflcld U 71 J2 .ni
I)nl 01 .01
Flnnnco 31 ,31
Ooldtleld Cona 11 17-1(1
Ooldtlald Merg .22 . .51
Jumbo TTxt l.M 1.(13
Kewana. v .11
Oro ' OR .01
Hand Ken 07 .OR
Silver rick 10 .12
MISCni-TANEOUS.
ralrvlew Axteo 02 .01
Klmberly 03 .ns
Nevada Hill .21 21
Nav Wonder 1.60 1.70
Delaware Insurance Distribution
Holders of the atock of the Delaware In
surance Componj, of Philadelphia have been
notified that, acting under order of court In
dl.aolutlon, certificate, of stock dull sinned
nnd witnessed muat be preeented at the office
of the Merchanta" Union Tru.t Company on or
after July 7, whoreupon final distribution of tha
aaseta oi the company will be made This
dlatrlbutlon amounts to 111 per share on the
atock of the reduced rapltallxatlon as author
lied February W 1M1 .....
Shareholder receive the equivalent of 110 71
per share on 'old stock" par H. four .hare,
of which reprc.ent each share of new capital
ization. Practically all of the stock out
standing Is "old" stock, verj few of tho
shares having been transferred since the re
duction of share (apltal became effective In
101.1. Ca.h and other aa.ets having an esti
mated value of some IIO.IXIO have been placed
In the banda of the "distributing agent" to
meet the payment of suits aa vet undetermined
and other obligations not jet settled and any
aurplua remaining therefrom not otherwlae
appropriated will be divided pro rata to share
holders aa above stated.
BAR SILVER
NKW YORK, July 7 Ths quotation for
cnmmercU.1 bar silver today wis 47 cent.,
with 22 11-16 pence In London.
SOUND
INVESTMENTS
Send for Circular 26
It doscrlbes a sound tax free In
vestment yielding 5.35,
A first morttjaBO, on property
of a company earning double in
terest charges, which serves a
growing: and prosperous territory,
Rrazier 6- Gh.
BANKERS
132 South 15th Street
Stocks Grain Cotton
Curb Securities
Hughes & Dier
Bankers and Broker
Member, fhlhtdelphla Slock Exchange
Member. Chl .go Boar of Trad.
1435 Walnut Street
rhUidelubU
"MOP" IIK0IIGANIZATI0N PLAN
CALLS FORJ50 ASSESSMENT
941,419,702 Will Be Raised To Issue
New Securities.
NEW YORK, July 7.-Holurs of aecurl
tlcs of tho Missouri Pacific Hallway
syHtcm today received the plan of finan
cial reorganization As tho failure of tha
plan would mean ptnclnp; tho road in
tho hands of receivers, u strong effort
is bolnp; made to accomplish the read
justment. The principal features of tho plan fol
low: An assessment of $50 a share on
the Mlibourl Pncinc stock, raisins 111.419,
792. This provides payment for 21,815,000
of the extended notes, J3.SS1.000 for equip
ment trust obligations of the Mlssour.
Paclllo and the Iron Mountain maturing
up to Juno SO, 1918, and $12,713,792 for ad
justments of Interest', readjustment of ex
penses and working; capital
The subscribing stockholders are to got
100 per cent, of their holdings, totaling
J62.8J9.5S5, in now common stock and 50
per cent, of their holdings. HI. 413,75:. li,
new general mortgnge 4 per cent bonds.
There are four main classes of new
securities, $46,923,150 of new nrsc and re
funding mortgage 5 per cent, bonds,
(11,399,292 of now general mortgage 4 per
-cent, bonds, J7C,751.63J new S per cent
preferred stock or 5 per cent Income
bonds nnd J32.833.555 common stock.
DIVIDENDS DECLARED
rinmro Company of rcnni)lvunl, reirular
quarter!) Hi V" cent nnd uaual 1 of 1 per
cent extra on accond preferred, potable Au
gust 2 to atock of record July 17.
Btewart Mining Company, extra 25 per cent.,
pajabla July 21) to atock of record July 15.
American Llitlit and Traction Company, regu
lar quarterly l'J per cent on preferred and 2V4
per cent, on common with usual eitra 2'i
shares of common alock on every 100 aliarea
of common atnek. nil paable Auguat 2 to
atpek of record July 15.
Young-Smyth-KlMd Company, aemlannual 3
rer cent, on preferred payable July 10 to
atock of record June 10
National Securl'v Bank, regular aemlannual
8 per cent . pnjable on demand
nighth National Dank, regular aemlannual
R per lent , payable on demand, Checks will
bo mailed
fiecurlrlea Corporation General, regular quar
terly 1", per cent on preferred, rajablo Jury
1,1 to atoek of record July fl
We own and offer, subject to
prior sale, the following
Municipal Bonds :
COATESVILLE, PA 4J
DORRANCETON, PA., 5.
NANTICOKE, PA., 4tf.
N. Y. STATE CANAL 4 & 4'A
STATE OF MARYLAND 4
STATE OF ALABAMA 3i
NEW YORK CITY 4tf, 4 & 5s
CHICAGO, ILL., 4i
ST. LOUIS, MO., 4
JERSEY CITY, N. J 4yi
MINNEAPOLIS, MINN., 4s
ST. PAUL, MINN., 4i 5c 4'A
HUDSON CO,, N. J 4s & 4yjs
ESSEX COUNTY, N. J 4tf
CAMDEN, N, J 4s
CAPE MAY, N. J 5.
SALT LAKE CITY, UTAH, 44s
QUEBEC, CANADA, B
PROVINCE OF SASKATCHE
WAN, CAN., Ss
Particular on Application
A. B; Leach & Co.
115 South Fourth St.
New YerU
Ualtlmore
Chicago
noatou
Buffalo
UaiMlaa, Kng
LEAP IN JULY WHEAT;
VISIBLE SUPPLY LESS
Unfavorable Weather: Reports
Helped to Send Prices Up
ward Exports Light.
CHICAGO, imy T.-A biff reduction in
stocks, making n smaller Visible supply,
nnd Unfavorable weather report wen) the
cause of advances In grain prices at th
opening of the Board of Trade today
July tv heat, which closed nt tl.OSH yes
terday, leaped upwnrd to JLIB, a train
of 4 cents on the first eaten. It dropped
n. trifle Inter, but heavy buying kept ft
firm undertone.
September opened for it gain of ti cent
and December allowed nn increase of li
cents, The former, which sold yesterdar
in the closing hours at ttom, brought
UMU In the enrly Fnlea, First sales
showed December standing firm nt ItOiH
VestfTday'n closlnar price was fl 0t
Gains war slightly reduced in the later
denllnRs, July closing nt I1.0TK. but thl
still showed nn advance of more than
2 cents Other months ruled steadier
Corn trndlnir was slow, but the prices
advanced nnd appeared firmer than
wheat. Hon ever, sympathetic symptoms
are apparent nnd tha path upward or
downward for this commodity will ba
blazed by wheat.
Oala will also be shown the way ti
rise or fnll by wheat. Prices at today's
opening wcro In advance of the closing
prices of yesterday.
Exports continue light. Tonnage Is dim.
cult to secure. Yesterday's sales for ex
port wero reported at 600,000 bushels. JT,800
of which Is scheduled to go to Greece
from a Gulf port. The foreign merchants
are seriously handicapped In trading by
their Governments. Good Inquiry prevails
for shipments of oats during July nnd
August
Leading future ranred aa follows:
Vhcat Open Illarlt. t.nw. none clrwe.
September .. 1.D2? 1 025T 1 02 Ttml Tl J
71 t 712
lll'j
July
SeMember
lleremher
Oats
Jul,
September
1 ler
Tard
J11I. .
Hentrmber
Alba
Julv September
I'ork
Tulr September
im,
3D.
nxii,
.in
en;
(its
Tt
7JH
tn'i
4,w ti
304 .IDS .J8S
8.87
H.71
8 1)7
DDO
B.20
mm
.10.13
..mti
.in 82
111,: TAakerl
m.-ia
10 3.1
lfl .V,
in.02
O 00 0 TIT tlO 21
10 01 U0.1T 10 50
1140
1.1.63
1R72 'ftA1
13 07 tie.o
RAILROAD EARNINGS
TOLEDO, ST. IXJU13 AND WESTEHN.
May ajroas
Net
Total Income .
El"en montha groaa.
Net
Total lnccme
Mir,.
.W4,7no
i),orei
21.411
4,212.410
ftvn.wu
lan.ino
lneroaae.
MT.OM
i7.ain
40.VH
40 ma
277 141
.V)rt,Ta7
1IOHII.E AND OHIO.
May sroea JDllTlV) IUD.nn.1
Net 217,417 71,410
nieven montiia" rnosa . lonnn.'on l,R"n,PSU
Net .... .. 2174,421) 112.221
ILLINOIS CnNTHAL.
May irroaa l,RUt,77 .1,1.2n2
Net flSOfi-U 13i810
Miasouiti r.vcinr.
May Rroaa 4,fi14,211 MOT.TH
Net 77R.211 lin.OST
TEXAS AND PACIFIC.
Fourth week June .... snw 210 r,n,7ri
Month 1.21)1.711 Tti-vi
From July 1 17,010,430 SO.I.MJ
MIS.iOUrU. KAN8S AND TEXAr)
Kourth weeta June .. . nm,2n7 (U.tnl
Month 2.2711,2111 Mi.iux
Fntm July t .12.701,8110 77,W1
(.IIIOAOO. IIUnLIN&TON AND QL'INCY.
May iroaa ,')17.I2) Js.rM.rmi
Net .. l,"liR..llt 40l,2ii8
'nieven montha" (rroaa.,. M.Rivi.iMS 2,2.I7,.1I
Net 24.S7D.22; 0l),3J9
- COLORADO AND SOUTHERN.
' 1013 Incrcaa
rourth waek June 11.1, IT. f-MOO
Month BS2,0T1 l4,at4
From July 1 l4,0iH.10n SU.370
ST. IjOUIS SOUTHWESTERN,
rourth week Juno . . $2V,00H T,O00
From July 1 10,W)l,Jiy) 2,lss,JIJ
CIIICAOO AND EASTERN ILLINOIS
May groaa 11,012,011 l,fill
Deficiency after taioa... 1.13,(1.10 21J.11T
Evelcn montha' grota .. M.I4A40S l.lST.Ttt
Net after taxes l.u.11,..C) 1S3.82S
anEAT NORTHERy.
June Kroaa 1.flni,22.1 J1.107 722
Twelve montha' groaa... 117,004,002 :i,T30,033
Decrease.
American Securities
vs.
British War Loan
Great Britain Puts Nearly
$5,000,000,000 Bonds in
Market to Yield 4.58
Already the effect has been to
send home a large amount of
American low income yield
bonds. A continuance of this
will bring about a further de
dine in what are termed "gilt
edged securities." Why not buy
well - secured, public utility
bonds, which will not be af
fected by this competition.
A little intelligent investiga
tion will show the investor that
many public utility bondt have
all the element of safety of
the gilfedged bonds the old
fashioned railroad bonds that
are bought largely from habit.
Use your intelligence, inves
tigate carefully, and increase
your income.
An explanation in detail of
this situation will be found In
our
JULY INVESTMENT
CIRCULAR
with definite suggestions to in
vestors of how they can protect
and promote their interests,
Edward B.Smith . Co
ankers
BaaiB 4KB Chutkot Bra
PBH.4Pai.rHU
Jf Pins UrassT Nw To
Brown Brothers & Co.
Fourth and Chtstnut Street
rUlLADKU'UIA
Deposits received and interest
allowed
For out-of-town accounts, instead of using passbooks,
deposits may be sent by mail and we will furnish
statements of account periodically or upon request.