ini
Oi
EVENING- LEXlGKR-PHITiADELPnTA. TTEflDAY. JtTLY 27
jfj" ' ' '- ' '" m,.-
SHIPMENTS
SPURT IN RAILS ON
RATE INCREASE RUMOR
StockB of Woaterh Ronda Koso
Ono. to Five Points in Late
Trading.
NEW YORK, July ST. The torpedoing
5f the American frelRhler Leclanatv ap
peared to have been rclcpnted to the
background, n far no A mnrket factor
la concerned, when tho Stock Exchange
opened this morning. The Rciiernt opin
ion was Hint tho Incident could be net
tled by 'international taw, under which
It wn thought that It was fully covered.
Sinking of tho ship did accomplish ono
good thing for the market, however, and
that was .to cnuso speculators to exer
clso more caution, ns tho severe shaking
up which many received iin tho first
meagre reports of the disaster to tho
ship yesterday will not he forgotten very
oon. As the day woro on every one
seemed to forget the lesson of yesterday
and there wns another wild upbldding of
tho war specialties,
Tho most Interesting' thing nt tho start
of trodlng was tho demand for tho war
specialties, and nt times It. became urgent.
Commission houses appeared to have
hiore orders. Trading In this group of
stoics again brought out several now high
records, notably Hcthlehcm Hteel, common
and pi cf erred i American Can, Ilaldwln
Locomotlvo nnd Crucible fltcol. Hethlo
hem common, ns usual, contributed most
of the fireworks, rising 17 points bctoro
noon. "Whllo advances In other shares
were not so largo, yet they were generally
from 2 to 5 points up. Crucible Steel
crossed 61 for a gain of nearly 6 points.
Reflecting the good curnlngs statement
for the fiscal year ending June 20. Brook
lyn llapld Trnnstt moved up 2 points.
By 2 o'clock Bethlehem Steel had ex
tended Its advnnca to 29 points for tho
any. In connection with tho uprising
In Bethlehem nnd Crucible It was re
iterated that Sehwnb nnd his associates
had secured a Mock interest In Crucible,
The market was by no means without
Its weak spots, nnd one of the outstand
ing opes wns Missouri Pacific, which
struck a new low point nt 1?;. Other
rails had a checkered appearance nnd
the coppers were njaln wenk. It wns
pointed out that coppers nt the present
time were selling on the basis of about
It cents for tho metal, wh.ercns tho rul
ing iiuotntlon Is 1IH4 and 20 cents. Thero
was very little demand cither for tho
rnlls or tho coppers.
Steel common was strong during tho
morning nnd demand for that lssuo wns
quit largo. This reflected a betterment
In the steel trudo nnd expectations that
tho earnings for the laBt nunrter, to bo
given out after tho close, would be larger
wan estimates current In tho Street In
tho last few days.
Whereas estimates have placcfi earnings
at between 25,000,000 and J30,OOO.W)0, It was
said this morning thnt It would not bo
surprising If they were ns high ns J32,
000.000. The earnings for tho quarter Wlll
comparo with 12.100,000 In the March
quarter. Incidental. -, Steel made n new
high record for the year. Record exports
of steel nnd Iron products In May,
amounting to 26,5S3,7SC, llgures for which
enmo out during tho morning, helped nil
of tho Independent steel companies'
stocks.
The Inland Steel Company's annual re
port 'was an encouraging, document. It
showed a J404.O77 gain In gross and JJ25.B27
In net. rl
Aside from the 'demand for tho war
specialties business quieted down some
what in tho afternoon. Hero nnd there
profit-taking sales could, bo detected, but
85 n rulo liquidation wns absorbed very
well nnd It had very little effect on
prices as u whole. Somo weakness ap
peared In Maxwell motor Issues nnd tho
benr elcjnent wns not long In getting
busy on 'the now soft spot. It was said
that the selling was for nn old bull nc-
count. ,
NEW YOUIC CURB
Amer SSIno 55
Sraden eu
Hrltlsh-Amer Tobacco old 1IU
Britlh-Amer Tobacco new in
(loldlteld Consolidated 1',,
Oreeno Conanca 40
Keno't Copper ;i2ii
La noo t
Lhlgh Valley Coal Sales 13.V
NIplMlng .m
Otis Elevator 708
Otis Elovator pfd 11:114
ntker-IIcKeman . n
Sterling aum S".,
Tobaeeo I'rwluctH r,o
United Clear Stores 100
United Clirar Htort-s prd 107
United Profit Sharlns now 214
World Film " aiZ
Tukon Gold 215
Aske-1
BO
iS"
1.1M
4
32
im"
"J
2s
no
lor,
lis
-'
DANK CLEARINGS
Bank clearings today compare with corre
sponding day last two yearn:
1015. lull. 1013
Philadelphia 2.1,0U0,402 123,23S,tm 124.4U5 308
Boston ..... 23,28.1,080 22,1)34,084. 23,044,0-14
RATES FOR MONEY
Call.
Time,
.1 itBK
sMff.1
Philadelphia :ml
New York ,.,., lVltt
"'on 3 . 34
Chicago , 3ti4 4 4V4
Commercial i paper, three to lx montha, Phlf:
delphla. 3V464 per cent. ' '
FOREIGN EXCHANGE
NZW YORK, July 27.-Tb forelrn exchanco
rjit opened aleady with demand, (terltnr
9 1-10. V
market
U9
SterllnB
Francs
Marks Urea
Sll 6.25
8111-10 &2U
Cables .,
Demand
4.77 .l.fO B
''
4.70 0-16 5.113
RAILROAD EARNINGS
bENVKK AND IO OIIANDE.
linn
Increaae.
12.400
13.10O
Third week July $44S,0
From July 1 l,380.00i)
OltAND THl'NK HySTHM.
Third wek July IB80.8U8
From July 1 iMico.Mtt
SOUTJIKItN llAILWAY.
JSO.O07
170.008
1148.178
IM, MO
Third week, July II.HO.WM
Frcm July 1 fl.8l;0K
TKXAB AND PACIPIC.
Third wk July !?2.1?
From July 1 863,161
U.tl8
COLOUADO AND ngirriiuitN
TJIrJ wsk July IH.V6Q
From July I TU,i$
80UTHBn.V RAILWAY.
110.084
13.BU
Juna cross l,748,UO
Net . 1.19. M
Twelve months' gross... 81, 16.510
Nt 13.400,066
488,I0
8.5S1.4S7
W10.IK8
MINNE.VPOU3 AND 8T. UHIIS,
Tblrd wk July
J;?
rwa July 1 , g8l
Dscresse.
NOTES OF THE 'RAIL
The I'sncoyd Iran Wrks will build a
w bridge for the l'n08ylvanlB, nail
rwid. which croawes the Schuylkill Blver
ttiet above, at Munayunk.
An order, reducing by about 7f mlljsi
pr luO-puufta lates on esment In earloaa
roin Utt tie-ll. lnd , to Junction points In
central Kt-muck), has been Issued by the
Interstate I'unimercu Counnlaalon It
feces thv whole Central Frehjht Assoela
tlon tcn'.tuij ,
five InttrstdtB Commerce Commission
today set aside glass products rata Mm
gaotown, W Va, to polnta in vartoqa
IHatae, as disciimlnatory against 1&at
cantown. Approved increttaed Illinois
Ctmu-al and Yaxoo Vjt passiiKerrtes.
German Bank (iaiiw Gold
WIWK
IIU lulu
n TfteJlelcbsbajik nxv-
e? ivw 1 huwd screasvs of awtul
trsui) twuSiratea and nets er uiur
Mks of HWUM fflwkij&OT.IM): sold
VilT4M narks osd loans JS1.8UC nuirh The
'.-uJsy !.. i.H(M) inrks. riot itr. mU
, . ef 1U,W O rtn. asd d.uvsUs. 1.MT 008
.-.- -. .. T t . . - 11 ' ' ..-- ,.. ., hi ! I., win inn '"'"'"'"" """ -" '" ""
OF STEEL AND IRON PRODUCTS ABROAD REACHED A
New York Stock Bales
tasteless. ltlh. Wij. CIms,
atwfca RoM Jllnw... l2i .'I3'i ,121i 3!i
AiiKchMm m srn Mi at
A1"rii!tri Mf pref. m i8 f7 07H
Atrf Ajr Chemkal.... fit fil 61 CI
Am riwt Btitat MM MM B2t 5W
Am Drata) S A. if t loo low. 100M lOOK
Am Drake SA l" pf tc 108M 100 100 lBfl
AmaifluwateU Cbppir. uil ill lO'l 71!
Am fin OW 0I' 6-M AM
Am Can pref 10OI 105 101M 105
Am lar A Kouwlry.. 65 5 M MM B"M
Am rosl rroiliieu... Ui 14 1 UM 147
Am KipfM 01 UO 00 UO
Am lilda A lathot. mi O'f W M
Am Hide A h pref... M 36! 31 .W(
Am Ire Securities..,. v,1 2t'( 21M 24M
Am Unseed 1()H 10( 10)1 103 1
Am Ixjcrtinotlro M A3K b-M W$
Am Locomotive pt.., 05 05 ! DIM DIM
Am Mneit A Itei 7M 7M 70M 77M
Am Steel r oiindrlol. . 39H Wi 40 41
Am Sugar Refineries. 107M 110M ltH 100
Am Biicar Kef if tlflif 114 111 111
Am Tel A Tel VM 121M 121 W 121M
Am Wrltlnj Taper pf FM 0S 6' "'
Anarondi copper..,.. CO 07ii C5M GUM
Amcts Itralliatlon.... fi fiM ft J IM
Atchbon TASK... 1C0M lOiM 100,'f IC2!
Atchison TikSV pf II7U !i7M 07U 07M
Atlantic Coast Llna.. 00 100 1)9M ICO
Ualdwln aaa t-2' i M 8t
lialdffln Loco pref... 10.it 1115 i 105 lOfiM
llatlniore A Ohio
Halt A Ohio pref.....
Hcthlehcm Steel
licthlchcm Steel pf...
Iltooklyn Hao Trans.
71i n 71M 72
221 250 22 1 247
130 14J VJI IWH
Bit ni eu ouj
Ilutte A Superior 70
70 0J (0
Cat Petroleum, 8
OH 0'i 0M
Canadian I'acinT.I... 130M 145
Uilii 145
Cent Leather Uo.i... 42 4:'!f
41H 4Hi
Central Leather Co pf 103U 103( 103)1
Chesaiieake A Ohio... 38)1 4JJi IS
lOI'i
40J i
44J
11)1
10
12U
e3!f
121
123
30
14JX
7uM
40M
Chlno Copper 44)t 44'i
Chicago tit West 11 ll)f
Chicago Ot West pf. 10 2
Chi It 1 A I' 11M 12H
Chle Mill & St Paul. 77M e'4M
C M A St 1 pref.... 124 121
43 1
11
27H
11U
7.-3.
121
122
unit
14
;o)(
47
Chi A Northwest....
121M 12.-1
Col Fuel A Iron
35M 17
14H 14f
78 7IIM
Corn Products lief.. .
Corn Trod ICef pf....
Cruclblo titcol
Crucible Stool pf
Cuban-Am Sugar
Cuban-Am Sugar pf..
Del A Hudson
Den A Itki Q pt.....
Distillers Securities...
Dome Mines
Eric
Krie 1st pf
Krlo 2d pf
(icncral Klcctrlc
tioncral Motors
General Motors pf...
Goodrich II K Co....
Goodrich 11 V Co pf.
tlreat Northern pf...
OtNcfs for oro prop..
Uuggenhclm Kipln...
Ilomcstako Mlnlnj. ..
Illinois Central
Inter Agriculture
Int Con Corp
Int Con Corp pf I
Intor-Mot rot t c. ...
Inter-Mot pf
International Paper..,
lnternat Paper pf....
Inspiration Copper...
Kan City Southern...
Kansas City So pf...
Lack Steel
Lehigh Valley
Louis A Nashville . . .
Maxwell Motors
Mai Motors 1st pf...
Max Motors" 2d pf...
Mexican Petroleum,..
Minn A St Louis
Mo Kan A Texas....
Mo Kan A T pf
M St l' A S S M...
Miami Copper
Mksourl l'acllc
National Illscult
Nat Knanici & 3
Nat Enam 1- S. pf...
Nat Lead
New York Air Urate.
4U' fill
07 10)1
18
U2M 113M 112
U'Mi
103 103M 103H 103H
114M 14DM 14(1 140M
8 7M 7J 1H
20M 2SM 27)1 27H
22 23)f 22 23!f
25M 1 0 i 25H 20J(
:8( 41M 3SH 41M
31 32 31M 32
175M 177M 174 175
1B4 lb4U 180 184X
105 1(15 105 105
60H C314 5Uf 52i
101 101J4 101!( lul).
115 11SK 115U 118M
311 37H 37 374
C0 1 fttl'i fl'JH
118K 117!f 117 117!J
102 10 i 101)1 103
11
MM
11
Ui
21
72
2i
.3
2iU
:2M
67)f
21H
72!j
21M
.4
o;
30H
2 H
l-lii
5js
2UM
72
20?i
74
UK
30H
2:)W
2iH
72H
21J1
74
OK
33)
20)1
24M
55H
I'M
55H
48'S
48)i
50
40U
13! H 143)1 141J1 143)1'
107 lit) 105 111)
35
35
tl
30
.3H
13
5
.0
110
lOK
2!1
31
b'Hi
31
71H
14
6
'5)
112
.OK
2M
120
2fi'f
8
I2
102
10
27H
71J1
13
82H
23
73M
13
5
10
10
112K 110
-OK iOM
Hi
1)1
120
Mi
00
02K
120
2Q
8:)
120
20
80
D2M
102
tSU
J-V.i
01
U21
101)1 102
i lorlc Central
84)1
.(8)1 SO
2751 25;,'
KSfep A West a
iSW II A II C8
01 6S
rthern 1'acUlc 103W 107K 103K
107!
Norf 4 West..
115
105W 105)f III5H
North American
I'acllloTel ATel....
r'euu it K
1'eoplea Oaf Chl...
Pettlbonc-Mul lit pf.
liiiudeipha cct
l'ltlabureh Coal
rittsburuh Coal pf...
I'reswd otool Car....
Pullman Co
Uulcksllver
Quicksilver pf '
lly steel pg
Ily Steol Sprlne pf...
Kay Con Copper
Heading
Il:p Iron & Stool....
It.p Iron & Stool pf.
ltumely II Co
bt Louis & S F
St L & 8 F 1st pf.. .
St L A H F 2d pf...
Seaboard Air Line...
73 71 73 73
3J. 3H 2J 3IU
li-OK 1Ij7 lOil 107
110M 118 1H 118
83 00 CO 0J
10 ",Q 70 VO
:2H J-jVt 22)f 22JS
02H 02;f 02 02J1
' 4S 4'JU 40H 49J
102 I01K 101)i 101H
Mi 31 3 3
4 m 4 4
34H 35JJ 341 35
88i 01 00,'i 01
223i 22Ji 22 22H
140U 147K 14 tet 117
mm 37Jf 3114 37
02X
3M
4M
W
03H
Zi
4M
10
m
11H
I3lf
3
4
0M
5H
1IM
30
147
3SM
van
,12U
43!f
72
bOM
100
35!
II
60,'t
UO
0
00Vi
ll)i
08H
03J5
3
414
0)i
5M
11M
32
147
3iJ
ton
14
45
72
HIM
100
30M
0
51H
00
0
OON
OX
75
beaboard Air L pf.
31
32
bean Koa & Co H0U 147
tiioas-Shof S & I Co, 40 -llBf
Southern I'acUlc siif bH
boutbern lly 3) .l
Southern Ily of 4S) 45
Standard Milling pf.. 73 Ti
btudeoaker Uo hli tXl
Studebalter Co pf,... 100 100
Tenn Copper 30 3QM
Teiaa & I'acUlc HH 0
Third Ayenus, ,2 6Ui
Tobacco Prouucts pf, UO DO
Tol St L & Vf pf tc. 0 0
Tula City It T 01M OOJf
Union Use Si Taper. li)4 Mi
Underwood Typo 03 78!
United Dry Uoods pf 58 81,
68
mi
union iacnic,...,
Union Taclflc pf..
li(5Jj U0 125U 120X
v'r-4 vjrj aiy oui
U B lnd Alcohol 67 5(H
m
68M
00ri
30
IK
f5'
U S lnd Alcohol pf. . 02 0 H
U S O I I' & V pf., 35K 30
Unltod Hyi lnvaat... IKK 1SK
OIH
30
IS
15V,
44V(
U United Ity lnr pf... ffi ;o
u b ifubber ,, 45 .ijjj
441.
u o Kuooer 1st pr..
102J4 lOL'U in-HC iiwif
U B bteel fHi 05)4 C4f eaw
V S Meel pf llOJf HHf myj uiK
United Clear ilfra... 40
47J,
48
43
00
03M
31H
O o Express., UI)X
Utah Copper C4U
Va-Caro Chem 31
Western Maryland... 22
00
C4W
32ii
22
Of
(3I(
run
2
iYatro Uuluo 'IVt... lia
ou
bO
00
etttoc a a M ,
Wsttlnghouie 1st pf..
Wheel & L B lit pf.
Viiu-umiu!iu ...
Hflvj 100H lioif 107H
ISO 130 11 1J
taaJs
3 3 3
ViiH V2H 132JJ
Quoted ex dUtdsnd.
Local Bid and Asked 1
Tods.ys Yesterdays
BW. Asked.
U. fHU.
. Asked.
SaUwlB ....
Munr TiM't
fcg?afr.::::
PwST WeclrU) ".'.'.'.','.'.'. zH3
PhiLt Co
do t Ml cent pref. .
do 11 Ber rent pref. .
rnu hip
09
ResAlu
Tonopsk f'.slreaat
Tenopaa sau
1'oiofl IVee . .
8La:::
or Rvy
do nrf
crei
Ual Kbit flMWMeW
AttM
aaiw
a for toe tattlaa uTsn iatsttfv i.. ,i,
vi,wt.tl.
s m, ma hi
.-401 108 108 101
i;.. 8 .. U
oe rrei sbm w m ib
Caw lltecl B1K 51 MM a
Blse Stonse Btg S3 ft M S
t o. u u lis
R w aw m m
... - (4 See fits, IRU
1 1. 1: a
b r
ra l Sb Si m
Ttt 71U Till
...'.'.'.','.. 8 32S a" MB
::::::::: aw u tuvi 3
. ,i , r
t'i'i"-'....' e
New York Bond Sales
Iflth.
IA). (.love.
"14 JAW
ImX) Arista Ejtti 4..
iuihi Am irr deo m.
SDixl Am Tl fit 4 ... SBM
Ml. II . ,m4.mI.. Jla IIIW
1
mi
w i
W. i
iM) Atoh gn 0i
ft no Cdl Ji st
&
tnni Aiun In i.lrt. tat . Ml
lfwkl IMlt A OHIO HW U
ISSi&fK?te':ii:::::,8lt
TO a JOIS
in-
!.) Ont imellle HI 4.... WJH
UtWH) mil Lower 7 Ill
3iA) itit fm
KIT
101
iw (;iies
f I IV! I 1,
ChM A Ohio JVM.... aii
I It. A tfrld lit 8 Jj.
.. -.-. .4.1, ltd tullT Mil
I4
mm
saw ,
W i'
iftiB
.11. , I'hl 1,1 vat It (HfSl
limo C Nwb oeb t teST.Ilutt
140U0 Chi U A Q Joint 4s... VuW
(Ail) oo gen 4 IIJ.H
1.1W0 CHI M 8t P attr 4s. SOmi
1VW do 8il 49 SI
I2UO0 00 PV 4.iJ.. ........ .IMp
liwou tio cv ran 9H........1WH
trlUNI ,-hl Uwtf Sn 1KI
Wl inia
U1U
Win
iw
118
14
Ml',1
,t
ll
7Ml
lltl'-.
'.'U00 Col SMUtll lt 4a.. 871
Ml Com Uas !
S inn
ii IDUMi
ynixi ltttmitnirM urn M....1UU
llJ)j
iVv.
ll'i
itw CrueiRld Steel Ci Of.
im
l
HW
u
ui
ID
US
t)k
70(4
t)J4
li!5
louo Uol a llmi rtJ l m.
amw Dct fiolrort 1st es....WJf!
MIjOU Ilia eur Corp 5
Ifl
ujit
luuu uui-oni i-own !,.
2WW0 Ktlo tonv la fer A...
SOW) do loitv, 4s wr 1J...
1WJ ilu tol la
(Mjuu Hud A Mali rf.l '..
'-MJ III Cent U lU,-r
11KXI II Cli Jet us
IIUMI inru cv lis i.Wt'1
. HI
. (XI
. lio
. m
1)4
DJ
(13
Mil
70!
SJ
tmS
125
7.M.0 Interti Met 14s..
TOJti
I.i
Tni.
tfnt, 1'ltV
4S0O0 I-OCkil till Ts IPM 73b
711
n
lmio UvcK-do (ing 1st os.... nil
7000 t.k SH doti 4s 1USS.. 01
101
H0h
101
111
uo
33(1
1(101 I.H fill (1011 4s UMI J
VU
MIKI Lcl. Vat 4s BTli 7fi
IKiOil Iu N'.mh vol Bs HO, tioi
I'OOii .Mo Knn & T 1st 4s... 75 ".It
70(10 Mont i'ower f.s 00 SUJ
lliilnl Mu I'ni'lllc 4s,
UU, TiU
.VKX) ilu tonn us
(17 117
111
1TUMK) Knt l.linin
in ft Htp r.s. . tHly IMJ4 UIJ4
:iooo N Y C I
1x100 do rets
(.sOih) N Y Cent rets (W
.loi'i, una ""I'd
1IKHI N T Cliy 4 1UUU
. ns't iiiji i')4
vwitl tio is lli.Kr
. 1141-g HI1! Hl'.lj
II I Ik
IIKlJ
101 J
Sli
MHi
70
no;
ll.lti
S3
10
MlU
70
Ml
101(5
II2H
HO
117)4
tl!J
"4
Hoi
iiatt
nt(.j
M)V.
OTH
SO (4
III!
I'HIs
Til
1(
102
III
r,7i
t'V,
01
:icixi iio 4Vis linn mu
1.VWO ilo rrl 4Hs lOITi
'-00(1 N Y llns If & 1 4s... M
OHIO N Y Ont & West llit Is Nl',4
Knio N Y Ilwy rcf 4a 70
1000 do ndj ,",s MUi
27000 N Y Tel senilis WW
lliOO N Y W C A: It 114s. . .101)4
l.VMHI Norf & '.Vest eon 4s.. MU
MOO 'Norf H West ei4s... h'Jj,
37000 Nor Pae prior Is Ul'4
4IHX1 Ntr J'no (ten ."Is laji
21000 Oro Short I. ret 4s.... MJjl
KM ,
POV.
mil
ro
II7U
nsfj
11714
10-Ji
to' J
11 IH
U2
111! I
U2',4
"2H
,i7
4IJ1
III ft
(014
Uii
K
M)','j
UII
ns'i
711
1111
102
(14
B7H
!l4li
nt
m
io.vi
100
i:iikn I'acinc Tei ns ni
lmio l'cnn.i 4s liilj. .
tspflii Pennn urn Hs
UrtfHKi I'rtinn iciiH IK.s
iiiji
in-jfi,
Mil
khki reopie h i,as ....
JKiO liny Oon Copper (Is.
l.sooo IlcadliiR Ken 4s....
.Vino Itcniih Culm ," ....
110(10 ltep Ir ii H S HMO
lltfin ltl (lr & W clt 4s
. ..1141J,
11:1
.. Will
lonil Rt T. 1 M & K rnf 4s
SdiHI St I. A S V rfd 4s I'lIN
I00O Hi 1. H V Ren rots As 441!
lli'OO Senlxiard A I, ndj ".. (K
"Mil Soulli I'nc cv 4s MHi
KKMI ilo ev ret t 11 Rs '.It liT
M7( CO .South I'ae rfd 4s MTi
, 1000 South 1'ne Term r,s Mill
-fiooo South Ilwy sen 4s.... Ini
Htxn South Itny con ns VV.i
7(100 Third Avo rcf 4s 711
BWKfi tT B Steel lis 10'.'
r,(Ki It h Hteol repr r,a,...102
flCOO 1'nlon 1'ac 1st 4s tit
1010 Vn (is llroun llros n7i
2000 Vn Ilwy r.s Iil'i
tnoo Wntmnh 2d Bs Ill
21S0C0 WuU Kqll Pt Sin 4s.... 1,1
10000 Went Mil 1st 4s OS
2wn(i West k & si iv r, m.vi
:i7.-.('4TO do ev hs w I urn i
1,1
iiov
Financial Briefs
Tho United States Steel Corporation
declarQd the recular dividend of l?i por
cent, on tho preferred stock. .
Frederick T. Chnndlor, Jr., today pur
chased the Philadelphia 'stock Exclmnko
mombcrshlp of A. W. IIowo, of tho for
mer firm of Homer, llowo & Co. "
Tho International Textbook Company
lias filed with tho Secretary of tho Com
monwealth notice of a proposed Incrcaso
of Its bonded Indebtedness from $137,000
to 11,370.000,
IJradstreet's mailo tne visible erafn as
followa: Wheat In the United Stales, cast
of tho Rockies, decreased 150,000 bushels;
west of tho Rockies, decreased 200.009
bushels; wheat In Canada decreased t33,
000 bushels; all American decreased 1,211,
000 bushels; Europe and affoat decreased
5,500,000 bushels; world's wheat decreased
6,701,000 lAishcls; com, American, decreased
634,000 bushels; oats, American, decreased
619,000 bushelB.
For tho six months ended June CO tho
Central Leather Company reports total
Income decreased $316,562. Not Income fell
$331,273. Tho surplus was $1,020,509, against
$1,357,782 In 1914.
Tho Inland Steel Company raised tho
quarterly dividend from 1 per cent, to 2
per cent.
A now Inquiry for 2,000,000 lilgh-cx-ploslve
shells made its appearance yes
terday, Tho shells aro for Great Britain.
E. P. Passmorc, vice president of' tho
Franklin National Bank, has.' returned
from his vacation..
For tho six months ended Juno 30 the
Hercules Powder Company reports an In
crease of $031,063 In net earnings and a
surplus of $31,063,458, compared with $115,
908 In 1311.
Henry C. Frlck denies bclne financially
Interested In any proposed new steel com-"
blnatlon.
flio New York Hubtroasury sained
$1,117,000 from the banks yesterday, and
since Friday gained $6!3,000 net.
Tho Liverpool Cotton Exchange wlll bo
closed neHt Monday.
Reading wua quoted ex dividend except
for cash.
The Algoma Company, a subsidiary of
the Lake Superior Corporation, has IB
sued a statement denying that the re
cent strike at Its plant at Sault Ste.
Mario waB duo to the employment of
aormans and Austrians, 'or to the fact
that the company announced a 10 per
oent. decrease In wages. No such an
nouncement was triode.
The rapid rise of Iiethlehvm Steel com
mon, which pays nothing. Is probably,
without precedent In the annals of the
Stoek Exchange. The question is where
will It stop- There have been lots of peo
ple from time to time, predicting new high
marks for the stock, but as yet no one
has come forward with an estimate as to
the stopping ROint. When the stock was
selling below SO on the same level with
United States Ste-el common the predic
tions started. First tbey were that It
would go to 100; this point reached, the
ante was raised another iO poJots, and
Anally to 300. The latter point was reaofasd,
then KO was said to be the ptac It would
go. Well, It' there. What nextT
COTTON
XSW YORK. Jiily K.-Because or pri
vate reports noting shower at a number
oi points la Texas the local cotton mar
ket failed to respond as had been ex
pected at the opealeg tola morning end
prices were 3 points lower to 1 point net
hlghsr. Arter the Mil ' better clasa of
buying developed, partly for Wall street
account, and nrtee sold up S to ( points
above yesterday's float The market re
mained firm through the later trading,
closing steady
Wish.
VS0
70
uio
79
H.V1
toar)r 9.11
August
October ,..,. VI
Cicwnfcer .. U.M
liO M.
8.
.
toe
S.tx
S.R3
v 1'
M4
1
Lm
JW0 Inter Mer Mnr I'.ts.... KlU, t fWMi
4000 Jspaneee 1st His "OH '"Vn '."i?
Twi k c n a ii tniji wji "'ft
llioo Kan City So na MH 87 MJf.
fltnil tfnt, 1'ltv 1., lit in. NlOi MY, Stl
iliiji ii.iii,i, it rv ur -tis ii. ob. luia in
mil "Tl ii M I
I
!
I
I
Thoto ij Mnrceau.
KICHAltD L. AUSTIN
Kcdernl RosorVo ngont of tho
Fctlornl Ilesorvo Bunk of I'hlln
ilolphin. Ho hns jUBt returned
from a trip to tho Pacific coast.
BALDWIN LOCOMOTIVE
AT NEW HIGH RECORD
General Local Mnrket Firm.
Pennsylvania Steol Rallied
After Three Point Decline.
Excopt for tho customary now high
record for Baldwin Locomotive stock tho
Philadelphia; Market presented no par
ticular fenturcs today. Tho Bpncrnl tone,
however, was distinctly firm, Ono con
croto explanation for tho recent strength
In Pennsylvania Steel shares catno out to
duy when It beenrpo known Hint the com
pany had been the lowest bidder on 1600
tons of steel required for n pier at tho
Panama Canal. That tho business of nil
tho steel compnnlcB Is steadily nnd rapidly
expanding Is sufficient venson for tho rlsa
ot .the innrltct valtlo of their securities
without tho necessity ot spreading tho
wild rumors of deals, etc.. bo frequently
coupling up of late. Cumbria Steol,
Cramp Shipbuilding and United States
Steel were all In demand on tho local
exchunke, but proflt-tnltlng caused a
slump In Pennsylvania Steel, which fell
off 3 points on light offerings. Incl
doiUolly n lot of 20 shnrca owned by K. '..
flrnrcs wns sold by order of receiver nt
auction, along with other securities nt
city mill this morning. Tho prlco was
II, the low point for tile day. It scored
a complcto recovery on Change nt M
beforo the close.
Keystono AVatch Case changed hands
at 75 and SO, whllo Baldwin Locomotlvo
preferred advanced over a point In tho
last hour. Philadelphia Traction moved
up from 70V& to 72.
Tho other trnctlons remained Inactive,
notwithstanding tho publication of tho
Itupld Transit annual report. This
showed that by enroful management and
paring down of expenses wherover pos
sible, tho company had been able to show
a. profit nvutlaulc for fixed charges, etc.,
ot $0,960,173, .or $0606 more than tho pro
'jUbus your, but, unfortunately, fixed
charges oxtjandod $03,137 over tho pre
vious yenr. Tlcarjgn.oK,$3,E0aiientr,
than when tho-.Stotsbtiry,. managoment
took chargo of hft' cohipariy. Tho Bur
plus for tho yocir -wns .$221,701, which,
when compared' with that of tho Brook
lyn Rapid Transit Company, whoso an
nual report also enma out today. Is not
especially encouraging. Tho Brooklyn
surplus wns $3,512,561, an Increase of $196,
856 over 1911, whereas tho local company's
surplus decreased $33,531, Nevertheless,
Brooklyn's savings would havo shown a
decrease, too, had It not been for the
inclusion of tho returns of a nowly pur
chased line.
Both concerns were naturally affected
by tho poor general business conditions,
but tho Jitneys havo by no means be
como such a competitor of tho Brooklyn
company ns they havo hero with the
local traction system. Yesterday the
Pennsylvania Tubllo Servlco Commission
heard arguments on .tho application ot
the city ot Philadelphia, represented by
Transit Director Taylor nnd City So
licitor Ryan, for n certificate of publlo
convenience, which Is necessary before
tho city can proceed with tho cbnstruc
tlon of the 'proposed Broad street sub
way and Frankford elevated lino. At tho
close of tho hearing Acting Chairman
Pennypacker directed all parties Inter
ested to file briefs by August 9.
A slight stiffening of rates on collateral
lonns Is noted this Week In tho local
monoy market. The averago Interest
rates on six- months' loans on collateral,
3V& to 2 per cent., are now a shade
higher than tho average rates for dis
counting commercial paper. This Is at
tributed to tho fact that banks nro will
Ing to use their funds In buying paper
at the lower rates because of tho pri
vilege of redlscountlng It nt the Federal
Reserve Bank, whereas collateral loans
nfe not so liquid. The standard collateral
required on tlmo loans Is about 60 per
cent, rails and 40 per cent. Industrials,
with a margin of nbout 20 per cent., ex
cept In tho so-called war stocks, when In
Borne cases aa high as 50 per cent, margin
Is being required.
STEEL AND IRON EXPORTS
ESTABLISH A HEC0IID
Shipments Abroad in May Totaled
?201B83,780.
NEW YORK. July 27. Bxpprta of
steel and Iron products In May, amount
ing to $6,6S3,786, wpre the highest on
reeord .since May, 1913. when .they Totaled
(H.T1S.970. In April shipments abroad
ware $25,314,000, and tn March $$o,o5,974,
compared with $30,158,364) in May, 1014.
Shipments of firearms increase mora
thftn halt a million, dollars over the pre
ceding months, amounting to $1,101,751,
BH&lnst 1464,913 In April and f16.10 In
May, 1914. For several raontliB hlp
mwits of this Item had been relatively
small compared with May's total.
Exports of rails increased from $128,892
In April to $460,416 In May, while track
material rose from J13T.3M to $406.j)a In
the same period.
Wire shipment totaled $4,811,978 In
MAy, compared with JS.0M.SJ3 In April
nd T61,U7 in May, 1914.
Ot)mr turns wuleh increased were bars,
rods, brnota. ingots, nall. pip- and nt
tings. Various ltema through the lift
snowed declines of varying proportion,
chiefly, of course, those article suitable
only far use is peace.
BROOKLYN TRANSIT'S YEAR
ESZrfttf out taut Uh eurreot SSSl war
5H lochia OMratloa e tk, coS IE3
Brooklyn Hillrosd for th euilre !SVt
COBplrSi."b e'dy U h th frMedlni
VISr. The SicUfilUllttail .nn.h . i.i.y
lfl,f. -Ma- .1, virion,!.. ..... I......... - .... T- V'
.':..r.'T-. ,t -;T,.ay" ".'?'. "ju;1
"j'iior.nScf,
IT.
Comvs rtows '4S-
Ones $.& 77
Net U.M7.1
Tol. ie.n il.O.q0
Siiril-. .fur
rim tax. t.Ut.Ml
U14
S.'.S. 2-U'
ii swm
.015.6S
lu iw,i
0,m.TV 1M.M
Sates In Philadelphia
1 '--- .... 1 in ,,.. t.
testrrday;.
Low. Clef.
to -Am Mllirrift.
eiow. iiign
iinum
l.l aim I Mri Kl Rn
K Xffl.ir ik lot
J(S:::::ittTe
1
II rTHI
in Mm
ace fltM. ...
TOO Kfle 1 pref. . . ,
..(I Ilia U), H ,n..
2 Key W.C
umi U Slip Crp,"
iais1IW..T::;:
.V) do ent
in Mlsml I'ABnSf ..
1 NorflUnwn ...,,1
4113 retina ltflllroa.il.
., l mis. fia,t MfR.
720 rmfw 8tel tir..
m I'lillft Co
201 I'lllla KIM! ....
,-Hi P It T tr etfs. .
.(i, riiiia True .....
"Jim uh
T-i p ttllrny
jto ion hoi
W
sir, 'l n Alln
. ,v
100 Un True
12
8860 II S Stcsl
oitfi ",;:
Jb MAhnt-s ISl
ntl
8 w j
lit U'Mlm'H'ci 1-rtSl nt
S3 Cramp Sons.. (1
HON IMS.
DS0O Atn O A B "--.v
77 .Wrrt H srp llltG.lflO
1.-.1 do May 1017.. 0s.
ir, in F, ini?.. OS
2000 Kl I'eo Tr 4s i4J
HOW 1'enna sen 4H. liTJt
HXIO fin
cons ia i"'ii
tRnnn l'hu rsi ti rtt. va
m
two I'lills Itlw ,1s.. IUfHi
S000 ltemllng gen 4s. 10
LocaFlIalf-hourlu Sates
10 to 10:30 A.M.
500 C
S Steel..,, ill
M-t IT II MlrAf..
ro, ii
23 Ilaldwln ...
loij do
"ii do
100 do.......
4.
'enni,
0M Mi
ICO O H Steel
M
IIIU
iiki no
1(10 ilili.s, ,,.
r,m do
IO Ilaldwln ...
2.-i U 9 Steel..
100 do
100 ilo
20 do..,.,.,
Hi no. .
mi If U S
I W!
8.1)1 IfU lTeth Stee
(lltJ .".(Kl U S Steel
IfU ilctli Steel
1(111 11 S ftcel
ttn inn ,ln
i, Iin, KO do M
...II.-, i'O do ',"2'
,, in a Norrlstown ..las
,. H.I 100 U S Steel.... M
,, or, 8 I'cnna..... 03 3-1
,. in 100 U H Steel.... ;l;3
,. m r.o do Ji3
,. on r,o do 3
,.22.1 20 do 5;
,. 11.1 2(H do "O
..on 10 naldwln, ..... J!
,. (1,1 :i( 1'a Steel pfd. J2i
,,113 . r.0 Unldwln ..... JJJ
, . 73!4 300 Cninbrla Steel .ill
, . 81 111 . do.... gi
, , I1.114 no Col Fuel. Id'
.. (1.1 ,'100 U S Steel.... JJW
r.'J do
!IO
MO
1011
100
in
do Ti
do ;,
do
do
do
10
100 Ilctli .Steel
fl U S Steel..
10 do.r.....
Vi do
10 d
:i:t I.ehlgh Nav
".-. tlnliluln ...
iro u H Steel
no
100
100
o
1IMI
do
ilo
do
do
do
.In
. ... ILVi 2.1 liauiwin- ..... "v
.... (till KM l'n .Steel Pfd.
.... (I.l'i 2.1 do......... 8.J,
.1(1 nil) ir H Steel.... yj
.... Hit; II) Uflldwlti gl
... 4IU r, do J!
I.... iKlli 101) do g
1UO
5 rnm Itnn
to U H Steel
m no
(i.ili -.i no.
ii nan win
84 :tn U S Steel JJj
(.'Ml "fl An . ...... ..hi
A
u ( I
(1 I Kill
do ffl
do ,.,. &
do ;.:. Ml;
-,(l do (.'ti
1(10
KX1
10
1(H) do (J3W
3 W Cramp ten.
8.'l
HON'DS
.100 rhlla Klectrlo 3a
101U
jwu irenna gen v.b
'.4b !'7b
4J4 1(5
1 Os l'S)
i.wn. I'enna Ken
CI100 l'hlla Co 1st
10:30 to 11 A. M.
30 Cambria Steel M
ir, Ilaldwln
1 7 I'enna M
21s, do.
dj dnmtrla Steel
no Ilaldwln
8U1
3.10
.V1U
Bl'l,
O-10,
5-10
.,W ,U. ..,,.,',. u
200 U s Steel..,. inU
loo do ;. in)4
mn ,in. ....... iliii
uo ii.v.1 urn ion ,nn... u
do (13(5 .'1.1 Kleo Htorngc.
do (in( 2.1 Tonopah Mln.
o
DO
r.uo
100
100
do 0.1 2.1 do.
do... USU tlO I'enna.
110.ND3.
2000 I'onna gen 4 Us
2000 Anicr Gas & fjlectrle '....
40 Amer'Uas & llloctrlc .is ....
400 Amer Clan & Kloctrlc Bs....
10000 l'hlla Co Int ns....,
07W
HII
8.11
8.1
OS,
11 to 11:30 A,
M.
4R Cambria "Steel 52. 100 do 03
10 II S Steel (Mi ft I'a Steel pfd. 81
Id. i
... 3Jl
... Kit
?? 5-,'S
i I'nua True . . z -in u h ateei
2 do... 72 100 I'enna
20O Cambria Steel Slta ' ti Elcc Siora:
30 Crucible Stcct 30'
iti 1 1'a. 8tl pfd
ifi 10 do
81
1.1 U S Steel..
m
82
a
82
27
sJin'a .steel pfd
81
jmu jjaiawin . ...
J.10 U S Steel,..
40 I'a Steel pfd
M.'.'da,
81
(13
113
us
US
100 U fl Steel.
10 oo...
lu Miami ijop
10 ao..
10 do,.
f
00 Ton Bel
3 0-10
1IOND3.
3000 Pcnna cons 4s
HOO l'hlla,- Co lsUis
...102J4
11:30 A. M. to 12 31.
si i m )&
,1! H Vn ""7,
- as x la
.,? ?i m
XI IIS. 13? 134
aKu m m a?
k 4 4
13Vs lOU 13U
m m
' nsff rtiia fwfi
U HH wm nu
ir , tikL ftifc mff.
S' 15 i?
iri int iai
07 ,07 (17
DH W OOti
Ii?S OJ. 0S(
wil uMi wall
Ut? lifts 07W
'102B
03 .. ..
100, U S Steol.... 0.1 25 Ilaldwln ..,.-, SIVi
7 I.ehlgh Nav.. 73H 10 U S Steel HYi
1(1 Weutmor Coal (10 10 I'enna Kl.'l-lu
75 Pa Sleel pfd. 02 CO South Ilwy .. 13J4
100 U 8 Steel.... (13ii 10 U S Steel.... 04i
100 do 11.1 10 do U4$4
20 do (LI K) Ilaldwln KW.
10 do CI 87 I'cnna (lift
10 do (ll'J 12 do B3
.',0 Pa Steel pfd. 82R 20O U 8 Steel.... U1J4
so do ki ,::oo do oitj
O U O I HI!J
I10NDS.'
2000 Klectrlo & People's Trao 4 74U
4000 Heading gen 4s , 03
1000 Heading sen 4s ,. 03
12 M, to 12:30 P. M.
100 Crucible Steel H'j
SO I'a Steel pfd.
20 do
S IT S Steel,,..
IS U S Steel..,.
8 W Jer & S S
4 I'enna
100 Toropah Mln.
10 U S Steel....
82W,
82
Wi
48
0.P.4
5"
05
iu iisiawin m
U Penna ....... (4
100 Cambria Steel 51
, 20 do ril'.'j
10 V a Steel.... (S
f,0 I'a Steel pfd. 8.1
I10.ND3.
3000 Heading gon 4s
12.1 Cambria Steol scrip May 1017
03
0SU
12:30.tolP.M.
10 I U Tie,,
, IS Union Trac. ,
1(1 U H Steel...
COO do
10 do.
10 Ilaldwln ....
10 do
13 U 8 Steel.-..
SU 2.1 Ilaldwln ..
1)2 S 5 Penna ....
U3 100 Ton Mln .
03 40 1' HT to
(U loo Ton Bel . ,
85 23 Ilaldwln . .
83 SO U 6 Steel.
un u I'enna
us 100 Ton Mln..
in no.
13 Cambria Steel SIS
BONDS.
7 Cambria Steel scrip May 1017,
08)4
1 to 1:30 P. M.
Ren lr & St. 3711 Si do
100
1
too
100
'20
10
ai
l'hlla Eleo .. Ml 25 Ton 13e ... 3
0-10
7-10
81
hi
IB
S3
S8
j-a steel pro, si no Ton Mln.,.. 0
Union Trac... :12U 10 pa, steel pfd.
Penna
iviyi ?a no....,,,..
ttIK liiU B Steel...:,
US 17 I'enna Salt ..
do,
U B Steel.
m. ";s iw uefi vn ir pr
Pa .Steel pfd. SB lOoLeli Val 1Y,.
uo
1:30 to 2 P.M.
K
a Kl,nl
10 naldwln
nna twit
40 U 8 Steel..
10 Cambria. Stsil
lu uo.
iw ao.
no
tin
iv uaiawin
m !nsScl"N'
s aisei. ...
i
tin
Ins Co N A.
Penna S3 (J SO
u H BISI..,.
ut:;::::
U 8 Steel....
108
Tonopan uel. 10
lh Steel , .360 1
?!?.' S&1
I10ND8,
Vm I.'suna gen 4Me
6 iVuaWla tsl scrlu May 1017...
; 2 to 2:30 P.M.
lOOTouo Mln .. 3 7-1
UV Oti.
tla. KUc
..r
4n JfAliai..
to tr
Uiiil' " rin
106 U 8 Steel.':
i If
ftlssl MM
10 Paona . .'.,...
SO U Stssl..,.
Pla
BONDS.
& Blectlc s
solid Feb 1817..
UAfA Uaw (III?
Itsel scrip W
;30 to 3 P. M.
i CambrU Steal JlS s pblla Else
9 W JfJS JUU Lias
U QO . . -. . . Ol
0 Lake Bub Car 8
SO Pbtla Co .... sIS
99 Caatbrta tsl seiln isle et.
INLAND STEEL'S YEAR
The annual report ot the lulsjid utesl Cecw
pony for the year sndla July 30, 1914, can-
lncrsaw
IHMTOtT
355 ,V
Net aralua
CHhsr JMuai
Tutsi tacem ...
gas. Md rsa. ot tin
Ilsfiiuat of at
Net pronis
IstorMt
M!
ptssTiids
Ull-iiJt
'ill f-1
m
0 31
M
iv" 4iw ua
IS namhrla sTT
15 Cambria S
2
10 u a 8U1.... 0114 35 da., T8
Js::::::ii'BM-I
jo Kawii' '?& u PbijS- itWd ' : : KB
100 ToaopaJi fltn. 5 60 u 8 Stsil..., ilu
!S EKTKa-- H3 B P Steel pfd. M
1U CSUQWUl MIU lOO rkmbrit SUmal
115
. . la.04l.2j-i
40.310
... 2.0.S
ste.QM
. . . . m.'tM
.... i.7w:m
. . arjea
.:. l.ax.TW
440. 4S1
.23
-. ", t "fc V lj "r tL m jw r-st 1
NEW HIGH POIN1 IN MAT
PTttLADELPlttA
MARKETS J
GRAIN AND FLOUR
sis. tfs&XkI2&
Wn rc.l. at. -- f
n1.
Ili.l.ilk Al l AMtl.rit.
Trad WAa
aulot and pr cfcs wore .wcl m;lned. WJ
tiUIMis: car lota tat laeal iradP, n to
iinn-.Nn. 2 ow. OOSOlc; steamer yellow,
r'Oiiw. iieeeijue. zvw DUy'
0W)c.i No. 3 yflW. 87BSt- , nrf(n-
OATS. rteclrt. 1.1.480 buh. . .OM
wKro llgiil and the rrtnrkctruliM steady tliougij
dtlet. Quotations! No. 4 white, 4BC4j,
standsnl whlt. aJeic.i No. white, -S4
.OtHt-tteeiilpU, 030 '-. A2t 4ii2S
lbs. In sscka. Trsdo -wss qult ana, P,lcS
mo nominally tinchftttRoU. , QuotatlonB, per
lli(l lbs., m wond-Wlnlr-r cteer. . I-"7
flB.llli Ilo.. straight, new, t.irU0; do..
iistMit, new, M.two.i.,; itanins iibikiu. "--"
Jute ssok., Jsmji.2.1; do., rAtent. new Jute
snrks. n.S,-lfli,..lvi; spfliiR, 1rt ejear. old. $(1.00
ao.T.1; do., tlrnlglit. old, ITOBttW! oo.,
patent, nld. (i.0iHJf7.I.l do., tavnnio iotito
old, sV.SofflY.): tTty mills, choice nnd fancy
rmti-iit. l7.5.-7.Mi city mills, regular grndes
Winter, clr. new, l.83IV10i do. , all re Ijfht.
new. xi.liWl.40: do., patent, .new. 5.M9o. if.
HVK IJ.OUIt was unlet, but steady. We
Oilotc 1'ennsylvunla at I4.n0r,.13, In wood, and
WcMern, new, at f3f,.2.1. In sacks.
PROVISIONS
The market ruled steady with a fair Jobbing1
demand. Kollowlng aro the quotations: Olty
beef. In sets, smoked and slr'drlod, 2320c.;
IVestern beer, In sots, smokefl, 25S0o.i city
beet, knuckles and tcmWr, amoked nnd alr
drloil, 27SJ8C.: Western beef, knuckles nnd
tenders, smoked, 27CTSSC : beet hnms, :tl3f
Ml liork, family. I2i.23jf22.7ni limns, S. 1.
cured, loese, ltr.B'llc. ; do., skinned, lodse,
llHT13c; do.,, do., smoked, 14gi4!ic.j
other linms, smoked, city rured, us to brand
and avorsge, 14iMfint4c,i hams, smokod,
itoiciu cuico, nijTiioc: no,, Doneu, uono
less. 2.'l21c. : picnic shoulders, 8, 1', cured,
looop. liiJ,BI2c.i do., smoked, 12U(912i,4c.
TOJIfJ". In pickle, accnrdlng to average, loose,
KVMtl.'le.; breakfast bacon, as to brnnd and
average, city curnt, I791Sc,; Incakfast bacon,
esirrn cured. lfitflRi;.! lard. Western, reilned.
tierces, lOftlOtJcj do., do., do., tubs, 10(f8
10V,e.: l.inj, puro . Mty, kettle rendered. In
tierces, loIOVic.i Isrd. pura city, kettlo rcn
dered, In tubs, I0(?10'4C.
REPINED SUGARS
.X';0 n"lrl't was nulet but steady. Wo
quota refiners' list prices, subject to conces
sions of 10 points; Standard granulated, fl.1!ie. j
extra nno grAimlatod, fl.10c.i powdered, 0.20o,
conroctloncrS' A, 0c; soft grades, n.230r,.83c.
DAIRY PRODUCTS
v JnJLT7,S!frD!mand., wo 'airly .active and
M-I!ifif..rulc'1,n.rm ?".fln8 Roods.- guotatlons:
liJSwH!' ol'd'Paekei creamery, fancy spe
Si1.'.' J'.?'in??,tra' a7c' oxtra n"t. 20itf2Uc.i
Jlrstj, 25B2315c; seconds, 2324c; nearby
prints, fancy. :iuc.i rio averago estras, 2SW
-:iic.; ilo., fair to good, 232Uc.j Jobbing sales
of fancy prints, ,1iw37c. ' "
i?i-iSC:0h?'ra c(rK9 wcro "Pt well
cleaned up nt tlrm uuecs, but medium nnd
low grades wore dull. Quotations; In free
jasos, nearby extras. 21c. por down: first,
l" J.'f iandnnl case; noarby current reeelpta.
hV.. r.ca"2-v-c?,mi ontrn.flrsts, (l per
casei nests. $3.70.V8.1 per case: fancy ro
loeted canolod eggs Wcro Jobbing at 2IMJ27c.
per dn2en.
w.Sii.l3'?.'!1?'-Th.niml!ri'et .wn ,u,n nntl "Bain
neaker under fairly liberal orferliigs, Quotu-
iiinui?LowJlor!! fu". cream, laney, now,
1 K14'.i,c: do., do., fair to good, new, 1314c
14c. ; do., part skims, uBMc.
POULTRY
UnIJhiIirrFo1f!?i wer,, 'P be,ter request nnd
Jic. higher. Other kinds of poultry showed
Itttlo change. Quotations! Fnwi. n. i .,,7.i"
Ity, lUOKIVic; roosters. ll12c; brolllnc chick
ens, fancy not Leghorns, weighing lVi02 lbs
"b'o. -gMc.: broiling chickens, not Leg
'flf we,n,h,lnK 1TU lbs. aplcco, 17Jr2lc.t
broiling chickens, leghorns, weighing lV4i
.b8- npl.cco' 18-i .broiling chickens, cg-
ner nslr. 5rM,y1
DIIKHMPIl .I'h.r. .,. .... j, , ..
"d?!:vaofnicSiro
nn.. i;-.,.t Shi f ""u;yiiiK are mo quota
HS?niinriesh;k"1"1 rr"(ry. fowl". 12 to box.
jKr"''')'.!' '.anc' . "Slectod, inc.; weighing
4!tiift3 lbs. nplceo, 18Uc.: weighing ' iUMM lbs
iinlcce. 18Kc : weighing .1 lb! apiece. 10'i
li'.4c; under .1 lbs. apiece, 14l4&131ic.j f'c-
f?rte?'7'Vei,cr7f 4 '' and over aplw,
17lc i do., sma ler sfres. 1S17c: old roostcrH.
r1,fJ,;?'cS',1l5r'L bro'i'ng chickens. Jersey.
iv22?,i,0l4i,2Mio,h!r.,,"rIl' fancy, 23100.
Western, weighing 114512 lis.. 24i2c i do
?iiiV-' lv lb-- 2Wi!ia.prTni duck.;
aoweTl.c; squabs, per dos.. white, wefghlng II
f. A" .'oV- d0"-', W-OOI.MI white, wSlgfiing
na'S,. " p5r Joz.". .; while, weigh
ing 8 lbs. per doz., 2,3,12.3- do . T lbs nr
do., HS.10fl2.SO: -ii., Wnw' lbs ocr dos
Jl.B481.tJ3: dark! IhtoogSfi small "SSd No.
FRESH FRUITS
Chplco stock sold fairly' and values scncrallv
ruled steady. Quotations: ApjVles, new.
l'n "nini'J0 aeol"Sla. Per crato, S101,SO;
uo., Urorgla, Klbcrta, per crate, ilrtl 40
pears. Southern I.e Omtc, per barrel, i.1B4;
Vmti 2Si' f-,1-6,": inges, nrid pJf
!?.' .fil. W4.! B"1!181", Florida, per box. M
fi2: pineapples per Yrate. Porto, Illco. l.now
:n f" ,2rlda4-I1.l?0O2'73: cherries, sour,
rirn.r 'mfif- 33400.! plums, acorgln. per
carrier, COc.Btl: currants, red, per quart, aw
Be;; blackberries, Delaware, Maryland and
nMnlV'nA?.1" .1uart. :iOSc.: goqaeborrleH. r,
qiinrt, Sftilct huckleberries, per" quart. 7T8c.
raspberries, red, per pint. 204c: cantaloupes
Georgia, per standard crato, h0c.eli do.
North Carolina, per standard crnte, SoflSOc,
do.. North Carolina, pr llat crate, 20fr30c!
watermelons, per car, M!5ffl75. '
VEGETABLES
Supplies wcro liberal and prices generally
favored buyers, with demand only moderate,
Quotations: White potatoes, Virginia, per bar
rel. No. 1, 7So.cr: do.. No. 2. ToiiSSc!; sweet
potatoes. North Cnrollna, per barrel. No. 1, 4
5: do.. No. 2, J2Q2.SOJ onions, llermudn, per
ernto, 50Jc.i do., Jersey, per H-bushcl lias
k't, 20B2.1C.1 do., Eastern Shnro, per hamper,
li540c.i eggplant, Norfolk, per crnte. 1.7.Vf()
r-23l,S!l'Lumbers. Maryland, per H-barrcl lias
kct, 40SCOO.; corn, Jersey, per basket, Jsoitosc.t
tomatoes, Jersey, per basket, No, 1, Iiarly, tlRfll
rOc.i do., No. 2, 20S2.1C.; No. 1, second carlyf
WjJ73c,: mushrooms, per 4-pound basket. 30c
01
PUBLIC UTILITIES
Tho Nevada-California Electric Corpora
tion, -which started In business July 1, 1915,
has declared n dividend of $2 a shnro on
the preferred stock, payable August 10, to
stock of recoril'July 26. The dlsbursp
ment Is for the last six months of tho cur
rent year.
The Cumberland County Power nnd
Light Company reported o gain of 3.4 per
cent. In gross for ,5Iay over last year,
while the gain In' net amounted to 3.S per
cent. Fixed charges were larger so that
tho surplus for the month was t38!8, or
10 per cent, less than for MnV, 1014. For
the 12 months ended May 31, 1915, grosB
earnings Increased 1120.607. or S per cent,
while net Increased 7.5 per cent. Fixed
charges were (22,094 larger and the sur
plus wns 119,540, an expansion of 19.8 per
oent. The balance after preferred divi
dends waa 5201.540.
The Bangor Hallway and Electric Com
pany showed an Increase of 6.0 per cent
In grot and a decrease of $91 In net for
May, 191S, compared with the same month
of last year. Surplus for the month was
?tl,m. against Jll.aW, a decline of 2 per
esnt. Far the ii month ended May 31,
191S, gross earnings Improved 118,991, while
there was a shrinkage In net of 10,6il.
The surpltiB for the 12 months was ? 13, KB.
a decrease of 5.7 per cent Tho balance
available for dividends on the common
stock was W.908, compared with 1106.018
last year, a decrease of 1L4 per cent.
NEW YORK BUTTER AND EGGS
NBW YOnJC. July S7.-llUTTBrt.-Marl.st
Units tl,u creamery. p4J'Mc '
ii.Ka-Markst wtiki receipts, SJ.87S sack-
lLlm?'llo'i'fttn
1.14; stseiher ,v. 2 red, n.. lilvTiii'-tiM
i,,Vu t!Lb,il",nfi. X$X?. "": afice. l817c.i
Sm lHln0l.d' ,3ai4e.: do.. Indian Itunner
?-iii ?,'.': ll- ?'""" according to alio
l.,10c,i pigeons, old, per pair, 21Si23c.' do
loung. ner nalr. ?lMlth v ' -" ' uo-
GAR LIGHT & POWER
TANDnO MOTORS CONS.
We will have ready far dlstrtbuUan
to lew day a. circular giving 8s
talisd lafurmatioa on the above set
eurJtlsc.
We suggest, however, that year
KevunualiiAts with us at opus.
HUGHES '&. DIER
Basket and Hroksrs
1435 Walnut Street
I-blUd.lla
Ulxsvl Piimtv M, lies le .NCW YOK1C
ud fllll.AyBl I'HH SIM'K EX
(llA.N'jBe, CHlL'v.w bOAKU Os
IKAJJB. NKW 1..HK CURB ud
oiuwr 1'niiji L,iu j..ik4s-
nieiiiifnrtTiiniiiii umi.
WHEAT CLOSED STRONG!
IN ACTIVE MARK1
Export Sales Between 600,000
. ftild 600,000 BushelsCdf
At3o Advanced.
CHlCAclO, July W.-Although pri'i
generally hi mo opening today were i
trlllo nbovo yesterday's closing, the mas
to buy In tho early hours nnd sellers m
llnf nfnefth HHlfttid tn ,lf.A. . . XI
.. , .Ti 1 , y'''u "i any
incir iiuiuiiii;s. jiii pnies uctore nor
were licht flllil scattered.
July witent jumped Uic over night, onet
11,. lit SI. 1.7 II ntltrvnA rt ltfl- ... i
lin,llt, ,,,, II, n ii.AxllinH A.ll-,.. IS
cllne In the Mar future, but bulls declare
inrir prctiicuoriB prcinnturc.
Hpptismbei, which was more acllfa
upencu ai si.uns, against ii.ggt. at Hv
giusinn ihsi iiiKiu. ii nciu tairiy Hrm I
Ilia onrlll tmllt-1. ' ' '
Dccomhor was Nllghtly buoyant ' i
opened db ll.OirH- Tho closing price yeatdf.
day was 1.0Sl4 bid. r m-
Tho. 'market hardened further In th
afternoon and the closo wns firm " ;
OatB wobbled nroutul after an cnteifraV
nglng opehlug. Old oats nro repottilV
scare. Kxport sales totaled betwsfftf-
U'' .""" w.vvy uuo.lVIO, ,in V.lllCaC0
ensn nouses selling 150.COO bushels fori
scnboaril, Ono concern Is said to havi
noflectlhg tho American sentiment ths
Liverpool fnnrltot wiib of a fiuctuatmei
ncluro. Spots fan easier, with cargoes!
Irregular, .Tho .Uuropean visible BUpplyl
Is icportcil at 69,736,000 bushels, n dccreassS
of 6,560,000 bushels. iw.aM
I.ebillng futures ranged us follows. J
,iyiiet- Op?n. tllsrli. Low. Close. clwtSll
July ; .13 , 1.1-IW 1.11 1.12& ltiiVj
Hpnlpmh.r... I.IITHi I.ILMlZ 1 ,,(? , ;.5i S-HtVsI
Uccomber .. l.oufc i.ioI liosS tl'.ioft liosj
Com iniiw ilnllvprvl-. 7 ,wls
.,.. "-;.--., ,
f3iTtcniber.,
Drcvmber
uatc
July
Hcntonibcr.,
JJocrmbcr
Luril
July
September..
October ..
Illbs-
July
September..
Urtobor . .
1'ork
July 13.10
Keptembcr ..13.37
October .... 13.00
JJIU. tAsked.
HIINING STOCK QUOTATIONS
TOKOI'Alt STOCKS.
Old.
,txtv:
Jim IJUtlor
MBcNnnmri
Midway "
Mlzpah Kxtcnslon .,
Montana
Northern Star
Tonopnh llclmont ,
Tonopah Kitonslon
Tonopnh Mercer . ,
Tonopah Minim;
Itescuo-Kul.i
West lind
81
.at
.n
!"l4
.12
2(i
,3(1
,v
,08
,01
13
.21
..13
.11
it
?,.!
,HJ
V,
.m
on,-
COL,DFlEL,D STOCKS.
Atlanta
IIIuo Hull ,,
llooth
liulldoe '.
C. O. D
Comb. Fraction
niamondfleld II. 11
Dairy
Florcnco ,a
Ooldflelil Cons
Iloltlllel.l Mercer
Jumbn Extension
Kewnnas ,
Oro
Sandstorm Kendall
Silver rick ,,
MISCEM.ANEOt'S.
.no
.at
.48
.0!
.01
.08
.02
.04
.47
.21
1
.12
.OS
.07
,0
Mi
.01,1
.Oil
.oil
.OS
.49!
.!
.Vi
.13
.00
.08
JO
Fairy Aztea , ...
Klmberly .......
Nevada ,11111 ....
Nevada Wonder
.01
.07
.20
,03
.17
l'i
7
-ir-
NEW YORK'COFFEE MARKET,
NEV YORK, July 27. Tho market for cotto
futures at the orenlmr showed declines of 4 to
7 points. Dealings ware much larger than tor .
nmu llmi.
Today's Veaterday's 1
April
opsntuff. ciosc.
..n.IKl ' 0.0741(1.01'
Aiay .i.
u.i;.i
June
7.01
July
August .....;.'...
Soptenibsr , ,
October
Novembr 1
December
January
February
March ...........
Did. tOffered.
0.7(1
(I.70i80.73
....Jfl.77
....10.77
....10.83
0.803(1.83
0.00
LIVE STOCK QUOTATIONS
pips, J3.oojf7.20; bum, zn.TairT.n(i.
CaTTLb. Ilecelnts, 2300; market weak,
llloves. I1.1.VB,10.23; cows and hellers, f!.00
U.40: Tcxaps. 7CS.40j calves, JS.OfililO.23,
nitP!l,U TtArolutfi. 10.000: mnrkpt stronr.
Nntlve and Western, 3.230.00; lambs, JS.40
a 8.23.
N. Z. Graves Holdings Sold
Forlyelght separate lists of securities, off
Vllicn III CUUD1B.UU V. DIUUA DUU .(, tfllluiiiw,,
bonds and mortKages, comprising the personal
holdings of N. 15. Clravos, wore sold at aui-'tlon-today
by Samuel T. Fieeman & Co, In ins
city Hall on order of the receivers. Mr.,
Graves was the head of tho failed paint manu.i
facturlnc llrm which bore his name. Many of
the securities were identified with tho develop"
ment of capo May, In wl-'f Mr. Graves wis ,
a heavy- investor. Two vltam dreoges ero
nlnn Hnld.1
Tha total amount realised by the rale wti
about JIO.OOO. It Is understood the reciters
ziougnt in a numuer oi inn vanuus wn.
DIVIDENDS DECLARED
Inland Steel Company, quarterly 2 T'r ett
paysblo September 1 to Btork of rouord AU
Bust 10.
Philadelphia Suburban Ga$
& Electric Company
First Mortgage and Refunding 3ft
Gold Bonds
Due rcbrunry 1, 1000,
Free of Penniylvania Slate Tax
Free of Normal Federal Income
Tax
Girard Trust Company, Trustee
Company Serves greater 'Pt
of territory immediately adja
cent to City of Philadelphia.
Operates under forty perpet
ual franchises, exclusive as to
gas.
Earnings applicable to this
issue nearly twice interest re
quirements.. Guaranteed Principal and In
terest by endorsement of com
pany wnlqh has paid dividends
uninterruptedly since 1893
PRICE, 05 AND INTEREST
Yielding S.30
Waiiam P. Bonbrigbt & Co.Jnc.
, MORRIS W. STROUD, Jr.
Manager
CHKSTNUT STREET
i'bUailelpbla
New Xerk lleston D'M
London! William p. Bonbrliht 4 Co.
l'erlsi Honbrlebt & c
DlVlPHNtlS
Qfl'IOH QJ COJlilMKCIAI, TBl'ST
COiTTAN'
Comuifrcliil Trust lluildln
A. b m..lin. rt tha lu,,l tit ai'M.IWS
lulol ibis day a quarterly tliildmd of ' :-
arierty amamu vi .wii
tclund wp".i t,. apiil ,
l, p,L,U ui. IdSUIt ,
'S Ol lv 'ii tJ" I ll Jli
Hi w eM. was .it.i
sioel of th cviupaiH,
itru. to ii,frOoiaoia
,u. rtu Tsti an ?,,,, 21a
. 74,; 74J4 74 74V mil
'OliJ Ul U'lt, .018 f03y
B2J4 MH Bit. iU oilM
:isl,4, 384), 37ti 38 3;
30 HUtt 30 3tjjJ 4M
7.'83 7.'f. 77 7;83 i'M !
7.UO 7.D3 7.80 7.115 T.W-'.
0.23 n.30 840 '.
11.00 11.32 11.3 11.43 OSo;
0.5O u.no V.i2 1U 5m1 .
13.23 18,11 ;'i:
13.30 13.10 13.00 13.JJ3
13.03 13.32 13.03 13.0$
. ,'J
7.0ITO7.03
7.O0li?J.10 1
1i.001i711.ej I
ll.80(I.Slil
n.Tnnn.T.i;l
11.7nfln.77ll
H.7nf(l.SO
ll.82flll.8i 1
O.S8WI.'JO
0.0100.93
nnmnn li f Tlnni1Tta,lntH 15 nnn, I
market steady, f,c. to 10c. lower MUjd and j
butchers'. SU.03O7.S0j, Bood heavy, n.707.ii0; a
rouBh heavy, U.20ihnoO: light, $7.23ii7.W! 1
bastaei.
CbUM will be iulld
it. W, alt iiFe.,-1
v
Mi