ft
W
BVEKIKG LEJBGEB.
PHILADELPHIA, JUOSTDAY. AT7&TJ3T ft, iaiBi
i ! i . . . ' se ana -- ..I. t li r
' ----- '" ' T "-' '; ' ' if i i ii I,, ,
NE GOVERNMENT CROP REPORT SEOT STOCK 'wXWutoSx
v
mi f.li i imliijt..
!i
3
KS CLOSED STRONG;
JRAL HIGH RECORDS
:tf Steel Led the Upward
Movement iviaritot was jar-
& at Tlmea. ,
v
., NBW YORK. Aug. 9.
. ,Mi.t rmn outlook shown bv
BjjLrvJi.rn'.iss!
" .fi. n iver In United States
tjj icuii ipaderg. which helped
1 " .jnniH in a. market Which
eCilslr laa nwn signs of consldera-
fatiftthntM. ' .
JtIwKI gains at t" resumption of
lMWl,r: ,tr.H (t thla mornlna-. the
!"". n. i fntlnwed bv nervoua-
F.nd Irregularity, aenera! Jtotors,
Tiit.Jm Steel an urucimo oieoi wore
!P??-?nr.. Tho latter sold all
li.v from 8S to tl In different parts
fw floor as the gonff sounded and
Aided. Bethlehem Jumped JO points
WMral Motors over 13 to a new
riveord. Tennesseo Copper also
ji tCCUl"' ..!- ,l,ll TO...-
kiiihfrd a new wp -t irmia oi
6 !" i,rih was nfctlvo and buoy-
SUio . , . .,.,!.
m. w" r 5?! . ?.,.:: . - . .,D
ET Ht might bo expected from
rSfcerftl market. Tho stock started
(-hi. nnrt aoovo (J. BRainsi (.).
SSlaW final, but offerings appeared
JrteJiWrablo volume and the gain was
Sft.ll trialntalried.
Mil' seneral reaction did not last long.
BS.Vbiiylriir orders maao weir appear
&!? ., .... LmA nt thn ninnnf1 hour and
HSu bn to climb again. Willys Over
IP"'. ;...iih.t utrcnsth and most of tho
l&r, ii.iia ropnvornd. nharnlv led
ifbnlted States Steel, which mado a new
Wor1 the present moVemont. West-
Wkoiiie also made a high record, but
...ll Motors took a sharp tumble.
ttIV mkHHnn 4tirrtrwiri 1K nrtlnrn
Shfr railroad Hat ruled strong, with ad
ftsQi HnfftnB above a point In Reading
nd Dnlon I'aciire, uui muau ii ten
Ka subsequently, only to rlso again In
M earl afternoon. A feature of tho
bchddeSUPgS was u uiujj in u, o. uuv-
KrmrUnt Ss from 101V4, where thoy sold
IUt"jone, 10 iu74.
with the report on grain crops sciiou
,i to oppear during the last hour, trad-
BvJ khbwcd a disposition to hold back
A? .. 11 -..UUiitlnM rta 1aI1 nj 1.a w...
1.. . .1... nnMnfllnn.Pniilflf mnnMnv
n.i, latter was Inclined to sag after an
EMily; how of firmness, and a good deal
KrMAubt was cast over the probability
BS"tht present rate of dividends being
EUUnWllcu. i..... - . -,- .r -
parea HOCKS iook on u now upwuiu
iron' under mo icaucranip ui oieei,
Mth exceeded Its earlier high ngurc.
jAfler the market closed news crfmo of
declaration of tho regular dividend
te",C(uiadlan Paclllc.
H-tar June was Issued by tho North-'
'in T Paclnc. but tho stock was not much
ffiwrivi tncreoy. urueu uurimiKa uu-
'Sued 17,U1, and there was, a Bmall
m in. net For the 12 months the gross
ietreast was over 7,w,uuo, wun a net
todlne of 1783.375.
.-The Kew Haven's June earnings showed
, (net Increaso of $18,620. This gross In
cluded f31S,2it not theretofore Included in
taonthiv itatements of passenger earn
ing, while Waiting for the decision of
the New York Court of Appeals as to cer-
ki.uun commuiaiiun unu utiiur ijubsuiiici.
I rates. In and .out of New York city. Tha
B decision favoted the company, and the
I June earnings were swelled by reason of a
ruling vt tfi0 commerce uommissipn.
Otherwise, gross In Juno would havo ex
ceeded the mi figures by JlOo.000.
Despite (he Increase In gross and tha
Jecrease In operating expenses, net cor
poral Income for June was only 760,717,
iwe?',;TTjfs 'change was In large part
hili .- 1 IDA AHA AMnA In 4t..l.4.ni1
J MiO flt,VVVW ucuinuo ill utviuviiu
Ired from the Connecticut company.
it fcatUrt of tho year's operation was
ofgrosj, as well as tho decrease In In-
e irom outsiae properties, une ae-
sed Intomo Is explained by the com-
itar.
New York Stock Sales
AIV HaM in Lt tl, "Ith. tiow. CTot.
AiiilfcchM"nM-' m m mm m
Am An Chemical.,.. Ej
AnBnt6am , 60
Am IltlVm haw.. ,. .
Am Bj,ta ri t ffi
n. ":''"" 69
34H 33 34
C9 C8 OSH
oG C5 C5
MM MM f6
109M 107 10M
7R 1A.1
OHM 68M 69
SsffiSK.'SBwwe'
113
2AM
12
6SM
88
83
41
109
122M 122H 1MH tl(
226M 2J8 223 3d8
20 31K M!f :tllf
h9M 89 89M
01K 03
143 143
24 24
12 12
63 64M
COlf OS
BUM 83
43 44
109 109
oaii'roductl ....143
Am Llnjeed mt
AmLoc0moUT9(Mi4t 621;
Am Locomotive p...., o8
Am6molt4 1tof....V,8iM
Am Steel Foundtloj... 42l
V"V: .'"neJ...108
in ii,
Am Tobacco....
Am Woolen
Am W6olen pref ...... to
niiai uuuii Liiinnnr. ..... lit. a oni in .
Auneallzatlon....; 5 6 T
' g .. imm ic? igo8
fe :::: iSS iS i8S
SH?:;::: 58K "" "m
uatopllas Mtnln; j i j V
jMhlehem Meei 290 3C0 292 105
iw "SLS,1""'" ? "W H1X
jlfooklrn ItapTtaas.. t6M
Ilutto & bupcrlor 07
nuttctlckCo 28
Cal rcttolcum 15
ai I'cuoicum pr 37
v-anaaian racinc...
Canada Southern...
cent Leather Co...
04
MM
07M
28M
18
311
148M 140M 147M 148
M . oi 52 62
aj 43K 43 4UU
fc4
MM
OHM
28M
16
38
U
8SM
I Oti
28M
1H
:,o
SJSl Cn?"-11 JW 1WH lOUi
4J
46M
11M
3U
10!f
i2M
Chesapeake & Ohio
cnlno Copppcr..
Chicago Qt West
Chicago at West pf..
Chi It 1 &p
Chi Mil &St 1'aul...
Chi Mli &8t P Bf...
O C C &StL 33
cm & .Northwest V25
Co) Fuel k Iron 41
Col & Southern 20
Consolidated Uaj......liy
Continental Can....... 88M
Com Products Itof. ... HM
corn rrod ei pr so
42M
46M
12
30M
17M
am
J1H
44U
U
aoM
10M
82M
42
4S
U
30M
17M
b3U
12BM 120M 12 .M 120M
3U 30
121 124
41M 40M
25 26
128M 128
U1M 08
Ctuclbio bteel.
Crucible Steel pf..,
Dccro & Co pf
Distillers Securities.
Dome Minos
Erie...
Erlo Ht pf
red Mln & Sm pf.
General Electric. .
General Motors
General Motors pf .
uoQdrlch 11 F Co.
87M
15
80M
01M
104M HW
14M
N)H
87M
30
124
4IM
25
128 '
81M
15
811M
69M
103M 11314
Si
29M
22
27
42
60
Goodrich 11 F Co pf. .
Great Northern pi....
at N cis (or ore prop. 41M
uurecnhelm Eipl. 04
Inter Agriculture 14
Inter Agriculture pf.... 30M
Int Ilarv Corp 7(1
92 01 91
... i8f 10 ( WH
... 22 22M 22
... 27 27M 20M
... 42 42 42
...49 60 40
...171M 173M 171M 173M
...204 210 2074 217H
...100. 107M 108M 107H
61H 52M 61H G-'H
104M 105 10 1 105
110 118M U8M 118H
42 41 41M
04M (13M C4M
14M
30
70
Int Hart Corp N J....107M 109
Int Con Corp., 20M 2UM
International Paper.... DM 0
Inter-Met vot t c 20M 20M
Inspiration Copper 33 33H
Lack bteel 65M 50M
Lehigh Valley 145 140W
Liggett & Myers 222M 225
Long Island 32H 31M
14
30
70
100
20
0
20
32M
55M
14H
30
70
100
20
9
20
32M
55M
Lorlllard P Co .
Mackay Cos
Mackay Cos pf
Manhattan El gtd..
Maiwell Motors....
Max Motors 1st pf .
Max Motor 2d n IM'
145M 146M
224M 225
ai) 31M
05M
78
8M
19
May Dcpt Stores pf.
Meilcan I'eiru.uum..
Mex Petroleum pf..,
Mo Kan & Texas...
Mo Kan & Toxas pi
Miami Copper......... 26M
Missouri Pacific 2H
Montana Power 4SM
Nat Cloak 4 Suit,.... 73
Nat Cloak &bultp..100
Nat Kname A V4
Nat Enam & S pf 88K
fBANK SURPLUS LARGER
of
IKcal Institutions Show Increase
b Tvo Millions in Deposits.
PAn Increase of Jl.KS.OOO In surplus re-
StVf. ard a gain of over two millions
lirToeDoalts wore tha salient features of
lUj wcek'b local bank statement Issued
wear.
iLoans expanded Jl, 30 1,000. Comparisons
follow;
Increase.
Il.BU.OO
I'.oori.ooo
u.010
1.33,00(1
aai.ooo
OS3.UO0
1.K17.000
375,000
1.402.000
11. 1013,
lilt
lEMlll find.i
ICtrcUatlon .......
ICvi irom banks...
IDcpMlK of banks.
Itturrrr held.,...
iiuterve required..
VII L.V. .... .1....
nueliis under old
Aug. 0. 1015.
,.S42a.702,OUO
tfUO.flfiS.OOO
lliMl.OOJ
OUO.M.OOO
141,427,000
1,1,0 14.000
HO.WO.OCO
B3.IU3.030
fi0.CO1.000
KiSU009iAHr.u,t l2- 101-- 8.M,oooi Auffu
K"", o.ti.iju; August a, luiv, fT.osa.soo.
wie.
.170 175 175 175
. 70 7d 76 76
. COM 63 COM 68
.120' 127 U7 127
. .ISM 35M 31 32M
84M r4 J-3 t3
:'3 :oi 31
00 00 S3
MM- ibX b3M
70 79 71)
M 8).' 8M
19M 18M 18M
20M 25H 6M
3 2M 3
4R 48 4R
71M 71M 71 1
100 105 105
, 21 2JM 23(
87M 87M 87M
UM 06 07M
109 109 10Q
15 14M 15
1104 U4M 115M
02M H2M UJM
90M 8JM OOU
31 31 31
107Jf 100M 107M
72M 71M 7IM 7IM
108U 108 107
33 34 34
100 100M lOW
BIG RISE IN BRILL;
TRACTIONS BUOYANT
Cambria Steel Advanced, Fol
lowing Example of U. S.
Steel Drop In Cramp
T3road and active trading marked (he
tloys dealings on tho Philadelphia Stock
Exchange, with Brill, Cambria Steel,
Electric Btornge Battery and the local
tractions tho chief features of strength.
Cambria rose hearty a point, while de
mand for llnpld Transit found the supply
rather limited, the stock scoring a sub
stantlal fractional advance. The check
ng of tho Jitneys was doubtless a factor
in starting tho buying movement. Union
??i H alsohardened. while the Lehlg.l
Valley Transit Issues moved up,
Before midday some reactions wero
f8lnt,r."1 follnwlng the fluctuation. In
all street and Electric Storage Battery
st more than It had previously gained.
The Tonopnh stocks held tlrm. however,
and so did United Gas Improvement. In
the early afternoon the market hardened
again all around.
- u, ue1k .pot wns l-'ramp Shipbuilding,
.. . .dc.cllnci,i 0" ht offerings, from
r n n4. Efra.le trading developed In
J. Q. Brill which rose from 35K to E9,
jell back sharply, and then Jumped to 42U.
it closed, after a recession to 10, at 12.
I cnhsylvatila Steel common sold nt 31 for
tno flrst time In a long whllo. Baldwin
Locomotive was bid up from 7S& to above
sz Tho reduction of the American Ball
ways dividend was followed by some
bldd ng for tho stock, but nono appeal ed
on the tape.
The purchase of 600.000 ounces of silver
bullion by the United States Government
nml the announcement that a similar
amount wilt be bought next week wns a
factor In the rise of the Tonopah group
of stocks, which, although commonly re
ferred to OS cold nrnnorll.ii nrn,,n. i-
quantities of tho whlto metal as well.
This will make 1,200,000 ounces bought by
tho Government recently.
MARKET DOWN
I New York Bond Sales
S.VKI A(t,l. .j, .. "it'
iSS! A"fier ii 11a:: vfa
1AW Dili OM6 e 4U... 87
vr" """ u Hwn 3Vda..
Slisjq K.n Sm iTs.r.T-.luV
1UOH
Itlih. Low. I
82
87H
Biooo llcth Mteet r,a f.
,'XC. J!.Kln " T 4s
8a
't""1' j'i'ooMrn n t 6 loin.. nw
iunr
SO00 I en
aiuu c,tit 11 n k
?000 Ches ft Ohl?
llMnt I lld 1. (khi. Jtj-
?wiM em null
lit Kl
J M...,
CV 4W8-
BjU
. 5.1
.103
IT
O
110
07
ftl)
102(4
Financial Briefs
ioJi
..110
.. 15
..114
03
BANK CLEARINGS
jj;fc clearing today compared with corre-
u,iia nay itaii iwo yeari .
mf mm ,iii ,n,u
B,!?5!PIU 1IS.MU.US0 HH,f22,:Ml Ilb.MM4.!
g4Yprk .i01,H4ll.72a l47,0U3,tl2U 180.J7U.281
Kj .. ll.wi.-.uuu 18,1IJ,UI 10,271,2117
Mmio ... -t2.H4J.72tl' -1J, 081,040 40.814, WW
"i if A'1'i.'v; lirii? Mnwi?v
- -,...w VLUIUl.
Itmudiiphla
Luj?o ...
Call.
3
Time.
3 tiJU
'
fi4
4V4
al Limu
Nat Lead pf ....
Nev Con Coppor
NY Air Brake..
N Y N II &1I..
N Y Central 00
N Y Chi A St L 31
Norfolk & West 107
North American..
Northern raclflc 108 108 107 108
IMcUicMall 33 34 34 34
1'ennRIt 100 100M 1011 100H
Philadelphia Co 78 77ii 77 77
ritUburch Coal 21H 24H 24H 24H
ritUbureh Coal pf .... 03 0-1 t3)f 03Jf
ritu c c & st h go no 10 no
l'rcsscd bteel Car 57 01 58H 04
rullman Co 100 160 100 160
quicksilver nii 4 3!f 3J
Quicksilver pf 5U 5 4M Hi
Hy bteel bprlnc 39'.' 41. 40 4l
ny Steel Sprlnj pf .... C3!f C3' 03Jf 0J
Kay Con Coppor Zi4 Uii 'JM T2H
Keadlne 160H IS1H l&OU 1S1H
Readlnir 2d pf 82 81 81 81
hep Iron & Moot 44 H 44U 4JU 44 H
Hep Iron & Steel pf... t8 08M U8M U8H
HumleyI&Co oM fiU VA 5
Itumley M & Co pf... 13 13 13 13
.atL&SK. bli 5H oli Sli
Seaboard Air Una 143( 14H 14U Mi
keaboard Air Una pfd 35 30 35 35)f
bears, Iloa. & Co.....140f UH( 140H 140H
Sears, Iloo. & Co ptM..124l 121f 121)f 124K
Jeserre Banks' Discount Rates
RwiVork
HS
Dais
1 to 11 to 31 lo 61 to 101 to
10. 80. 00. 00. 0 mca.
.3 4 4 414 3
.3 4 i i B
.4 4 4 4W 5
. . 4 a
4 4 4)i O
h 8
4 4 4U"
3 4 4 4W 5
4 4 3 0
4 4 4W B
3V4 3H 4 B
3 3 W U
DBDer oniy
atock
ite""'::::
t!lV ;
mas. -.;;:.:::
Kln)ll
Ktrrnclo ... a
!unt rate for bankera accemancel mln
- per ccpi. ana maximum 4 per cent,
FOREIGN EXCHANGE
RV YORK. Anr. fl X.Tr forIrn .xhanffB
t opened Heady.
Hiii. Dienin. Tnc. Mr wrti.
VS ' . : & IS if" ts
r
.il
GOVERNMENT BONDS
lte
coopcu.
Did.
'WO registered UlVi
'
5! J IW'.'tered ............
" -4 i u.m rtimerea. .......
T.
pi w
ha n.w a. V.V...VJ1TT"" inlli
JbuS '' "'AKKi
r.nrt. --r"i- i v i ';..-
pv p:;::::::;:::;:::;:::::uv4
WAR SUPPLY STOCKS
' Uld. Aikad.
x.-' '."....
Ulou-8hef d 1 Co... 43
bouthem raclfls b8ii
touthcrn Ity 1511
Southern, Ily pfd....
Standard Jlllltaj pfd
btudebaker oo......
btudebaker Co pfd...
'lean Copper -
'lexas Co
Texas & Pacific
Third Avenue... .....
Twin City HapTr..
Under ood Type
40H 1. 40H
mi mi mt
ISH 4H 15H
40)i 47 47 47
72 73 73W 73K
MVf b7 t4H H5J(
103U i01 104 101
4J)f 43U 4214 425f
140 141U 13'JM 141U
lOJf 11 11 11
61 52 50H filH
00H 01 01 01
75 70 .75 .70
Uuionl-aciUc VMii Ul), 13 )H 131U
U bind Alcohol till 71 68 60i
V Bind Alcohol pf... 05H 07 U7 U7
U S Cast I f & F .... 18 SOU Mi 20
U B OI T & F pf.... 40 45 43 45
US Red ft lief 3 3 2lf 3
USHubber 47H 48 47M 47H
U H Itubber 1st pf ....105M 1011J 104K 101K
Ubbteei 72H 74U T2H 74M
U b bteel pr ,.. 1I2M 112H 112J4 112H
Utah Cppper, 60 Vf 07 00 UOX
Vs'arO Chem.. ..,.. 35)i 35 34H 35
Va-Caro Chem. pf 101 101 101 101
Va Iron Coal A Q .... 60 50 50 50
Western Union Tel..,,. 7u 70)1 70 70f
U-sticff K. a il ,,IKH IUH 1UH U4
Wheel i L. K. 2d pf... H )t il H
WiuyiUverland ,H8H 153 147 151
Wbcotuln Central...... 3.'H 32 MM 32
Wuoljiorth(K.VJCo..l03 100 104 100
Wooorthpf..,.. 122 123K 123M 123H
NEW YORK CURB
wUr cojtim'oii'
I ExpiojivM .
i lfidr cams
11
l , e'fiaiff
H L3. Jb PAundMi " 1 III
irrd- :"rr:' :::::::: m
in p..i.i;... ieri
.'."4 ....;::.:?::;:: m
o.nl.Iod ,..... 11214
Ur Aims Be, Jfa
ISO
Si
318
3T3
0
109
ili
.120
110
4WS
tea
3SO
lift
800
in
4U
DIVIDBNDS DECLARED
Ifitil ftallWu. IVnninii niiArtirlu
atai . :iJ:z,v --7wi '"' ,
,-rT- wu rvmawL aar&Bia
Of Mrnnd A iii. a
j. - "-'- nlm CW
" Vaiate, rurulsr iiiwrtvlr Wt
-""JHPI iMl nNpWAT HOT!
W JWVISIttM.
8pta4r U
sbBtHMl 3
. .m a .1.. n Vlni. ... ...-...... Ho
lirltlJh-Amerlcan Tobacco eld,..,.. 11
do iww ,.....,. .i. .........
EUctrlc IUttery ......vvl SJ
lo pref ... ' v....,...fi..-?,,
(toldrlcld ConielldaUd .......I H
Oreene Cantawa ., ,...,... 40
Kcae'i Coppr soj
a ll.aj .... ............ Tia
n vsuey vi ppiwti. ..",
Katvr-:::::::::::::;::;;:::: M
ntl ,....,. .....ui w3n
UWr-llKeiDa .
Siwllflg Hum
Tobueoo Products ....
UnlteJ C(fr SM-i..
cm vrw
UnTted Pi
Wutld Pi
YiJ6 QoM
Did. Asked.
iloH
44U
1H
42
A?
,!
......... W GO
..,.,.. 104
T M4 Mt
I II I' U ! Ull
t raw
American Rillways Dividend Reduced
By. dur . J?irtrly dlvtdwd or i p.r
reduced tb annual
T
lb common (task, tn Amerioan
Hallwsw-Ccnuuuiy too
kV
rate IroW S to 4 per Cflt
talllM T etf to an.hi e to rvtlMxn
vtLfdii, due low eattnly to buiSrw
IW T
th7 i
tha
"Tne
ary com
muilei. due lo atlriy to wilMuot
SSXiiud elu mIbt sumaur sad venr little
fe Uumt seeetlHB, BWd IM toard of
directum teel that IB cesMrvalhe thteg ip
in was tile rtduellMi or tbe commen eusK
alvidead U a rate at i per cent per anaum."
Announcement wag made that the Sea
board Air Line wpuld nbiiorb the Caro
lina Atlantic. .
In addition to contracts already being
SV 2r. th0 Fnltcd s,ncs Qovornmcnt
and Belgium tho Amerlcnn Woolen Com
pany has accepted a bl5 order for blank
cts from Italy.
Experiments are belnrj made on tho
Maryland and Pennsylvania Railroad
with an electric storage battery car. Its
trial trip was mado between Batttmoro
and Belalr and will be repeated dally.
The car Is a combination baggage and
passenger car and has a capacity of 70
persons.
International Nlcltel was a feature of
tho curb market reaching new high rec
ord. The anthraclto tonnage of the Lehigh
and New England Railroad In July
amounted to 257,070 tons, an Increase of
23,792 tons over July, 19U.
Cotton exports were B2.051 bales last
weok, ns compared with 2660 bales In the
same week of 1911. The period last year
was the opening week of the European
War.
, Plans are under way tor tno sale of
about JM.O00.000 6 per cent, general-mortgage
bonds by the Seaboard Air Line
unuway to a syndicate
Tho operating profits of the Aabesinn
Corporation of Canada for the last year
were $343,326, compared wltl? $270,932 In tho
previous .year, and the surplus after In
terest and other charges was J5S.1S3, as
against J61.760.
The Philadelphia financial district will
be somewhat denuded of familiar faces
this month. Oronvllle D. Montgomery.
W. J. Clothier. Walter Stokes, Edward
N Benson, A. J. Antcjo Dovoreux,
Charles P. Krumblaat and G. D. Dixon,
all prominent bankers and brokers, left
today for the military training camp at
Plattsburg. Besides these many of tho
city's leading flnancers are away on their
vacations.
Samuel Ren, president of the Pennsyl
vania Railroad Company, who hns been
111 for several days at his home, will, on
tho advice of his physician, shortly under
go a minor operation at a hospital In this
city. Mr. Rea's condition Is not regarded
as serious.
The London Stock Exchange will b
closed Saturday next
Hunberger was a buyer of Rapid Tran
sit; Parrlsh & Co. sold.
It Is estimated that foreign Inquiries In
this market for cars aggregate a total
of close to $30,000,000. There are also large
Inquiries for locomotives.
PUBLIC UTILITIES
Twenty-four electric companies. Includ
ing seven In Delaware County, are ask
ing approval of applications for incor
poration by the Public Service Commission
in Ilarrtsburg. The hearings have been
set for Tuesday and Friday of this week.
The Inventory of the Philadelphia Elec
tric Company Is also due on Friday, and
a conference of attorneys with the com
mission will be helit
The franchise of the Long Beach Gas
Company for a gas plant, mains, con
nections, etc., has been approved by the
Public Service Commission. It Is pur
posed to take over the present Long
Beach plant of Caldwell & Murphy,
making extensions to It, and to execute
a $5,000,000 mortgage under which bonds
may be sold.
The June report of the Toungstown
and Ohio River Railroad shows gross
earnings of $23,371, against $21,772 for
June. 1911: net earnings were $7638, com
pared with $7819. For the IS months
ended June 30, 1915. gross earnings were
$290,161, against the 1914 figure of $273,603.
while net earnings Increased by $6565 from
1911 earnings of $97,935. Surplus after
charges was $51,190, against $17,923 the
year before.
Application for charter has been filed
at Dover, Del., for the Incorporation of
the Latin-American Public Works Cor
poration by J, a. White. Douglas I. Mc
Kay and Severe. Mallet-Prevost, of New
York. The purpose of the concern, which
will be capitalized at $1,000,000, divided
Into equal shares of $100 each, is to ac
quire on favorable terms concessions and
contracts fop public works and also thpsa
of exlstlntr public utilities which may re
quire extension or Improvement In the
Latin-American countries.
:ihhi rhi i. .. i .1
?JS" -'hi.n a q joint il'
13WH) t i A 8( V or Jtis.
lfflSllSMA3e5
4Sffl aw r iwi.-.'.-.'.w
10000 Iu i-ont 1'owd 4H...
JpW KM. wnr 4. Sr B":.:
i999. Hn.Meo Ieb ,B
iww in men deb,4W 88
ivJS Intllanu Steel ?..,,... lw
a000 Interb Mm lUs, ..... 74'
255! 1,ntr Mtt !
sppo Jp new Qer ita 4'i. . 71
..y. . do 87
D"W" -cka Steel U 1050... 801
.17 . r"71luc u .... 101
.JU r-k.? Sn db 4s 1028., 01
.uw iau I A Xath 4l..i.t.Dli
J0W Mlnnfc St h "u'l..,.ll
lltMl alo sap ev ne. ....... Hi
OOOO do cons ns B5H
awoo n r c & k ret ..laiS
JgJN V City 4s 1000... 8
' .yy uo 1 .iar 'or..
JO0O do 4 Nov 'B-...
I0W N V N It Si It Its..
G0WO .Norf A e.t Is...
12too Nor Vne prior 4...
SOOO do cn 3i(
MW Paclflo rel8
bouo renna cv 3U .,
luiu d ct ;m
28000 do ion ct 1Us..i...
anoo Public Herv it J Se
3iOOO np lr 9 !.,. .
Y& 5,0.0r & W elt 4i
40O nock l.land !
f,tw do rrd U
1)00 do 3t
.OOU SI I. I M AV d .n Km Ul
now st. l i m ft a ait 4. 04
imuo do in 17!
4000 Seaboard A I, adj Si. l(J
17O10 do rfd 4e ..... 71
SUM South l'ao cv 4s,,... SOW
.iliSi' .,d0 cv rct ' P B 34. 18
10000 Houth I'ae rfd4i 84
.oil south rae Term 6... 80
sooo fouth Ilwy cn 4 oofi
2U00 Fouth Itwy con Be.... 80
lto Tea Co cv 6 loo'l
11)00 nurd Ave new 4e.... 70
SOOO Third Ave adj 8a .... 70W
1R00O U 8 8II 5a.. 10JS
.1000 Union I'ae lit 4 o.l
V0O Union Pao cv 4a. . . KIHl
2000 Union I'ae rid 4a M
'OOU Un Unya S F 4a 41
1000 Wftt.a-h 4a 17
1000 Wnbiiah lat 6a 17V1
21000 Witb Kqu ct ata 4a... 15(1
oui hbdt ier iai ci 4a..
CU.VWO V B A M cv 8 w l..mS
uyw 14 re .u cv Da
71
Kit
101,
.1U1H
I.102H
. 88
. l0!4
tl
.100'
02 it
. 80,
. tun
4U
671,
::!
Sales in Philadelphia
. Sat. Cloae.
200 Allla-Chalm .... 31V4
wo Am smelt
20 Anaconda Mln.. ..
1000 Kaldnln Ixico,. 78 V4
1S4 Brill. J. 0 30
B283 CambrH Steel... Mil
100 Col Fuel
OStti Elec Storage... 07 H
,10 Otn Asphalt p(. 00
72 Ina Co N Am.. 22U
45 Lake Sun, Corp, 10
175 l.ehleh Nav....' 71
27 Lehlsh Valley.. 73
88X Leh Vat Tr Ill
445 do pref 32
12 Mliieblll
100 Nevada Cent
wtl l'tnna R It..... M4
S3 1'a alt Mrg.... 8SH
4 1'cnna Steel
427 l'hlla KIdc 24
200 Fhlta 11 T OH
23(10 do tr ctfe 9",J
201 Phlta Trnc 71
28.1 Ton Belmont ... 8
283 Ton Mining .... fift
150 Ulnh Coppor
770 Union Trac .... 34U
841 U Oas Imp 83U
10O0Q It Steel 721,
1704 Warw lr A St.. 10
1 Wcit Jer A Sea. 48
475 W Cramp & a.. 78U
170 York Rwy ,
BONOa
Latt prev,
aale,
10400 Am a A El E.. H
BOO0 Ilald I.oo lat Ba.102
1000 Beth St lat Ss. ..
HOO.En A P T 4a 71
3000 Eqult I Q Ca,...105K
1000 Harwood El 6a. ..
limo Key Tel la: 5a.. 04
1000 1., V gen 4V,b..,. OSti
ltroo ra gen 4Wa.... 0714
120 Ph Co acrlp '10.100
0000 Beading gcr 4a. 02'
W NYttP ton 4s 76!4
, Low, Cloae.
33'4 34
80
1$
ja
00
lo!
" !
111
KIS S
34 34
23K 24
81W
08
Kt
03
41H
m
OJ
S2M,
IOH
1 I
72H
HI
33
03
iv iuv.
10 lOi.
7111 7l(5
ft'it B1.,
.14 us
834 US'
72S TV
IIlKh. Low. Cloae.
88 80 80U
10254 ltri io.m
103i iroti 103i
81 L7SH 78,
10311 103H 10SU
ooh ooii out-,
osti tins 11.1(4
08H P8J4 08(4
7 7V 07H
100 100 100
H2H (,2 02n
70 TO 70
wheat prices receded
on Excellent report
Heavy Exports of All Grains
'for tho Week Just Passed
Showed Strength at First
CHICAGO, Aug. 9.-A generally fair
mrket confronted traders at the opening
today despite expectations of a govern
ment prediction of an cnormou crop.
Price compared favorably with Satur
day's doling and as n rule were a trifle
in navance. They sagged slightly shortly
after and continued to fluctuate nervous
ly before noon with only light variations
Injirlces. The sentiment continues bear
ish. Unusual conditions of the market
have made all traders cautious. Bears
say sprlhg will soon overlap winter In
deliveries, which will place so much on
the market that a big decline Is Imminent.
Bulls say that any reduction In nrlcea wilt
awaken the dormant millers and lor
elgnera who will absorb sumdent to stay
any drnstlo decline.
September wheat opened at $1.07T. It
closed on Saturday at $1.07M. It clung
around $1.07 tenaciously before noon,
with no Indications of any regular trend.
A gain of He over Saturday's closing
price was recorded by December, which
opened at JL08V4. it was nervous.
The same sentiment prevailed In May,
which opened at 1.13t4, against Satur
day's closing price tf 11.1214.
Following the publication of the Gov
ernment figures, which showed deteriora
tion In winter, but a big gain In spring
wheat, prices receded all around, Decem
ber dropping a cent. Corn and oats fol
lowed suit.
Vcckly exports from America totaled
1,730,000 bushels of wheat, of which 2,061,
000 bushels were sent out as flour. Tho
Pacific Ccast shipped 237,000 bushels
Corn exports amounted to $2,000 bushels,
and oats 1,752,000 bushels.
Liverpool was firm and well supported.
American cables wero accepted optimis
tically. United Kingdom wcathor reports
wero adverse. Receipts were light. Car
goes and spot were strong.
Leading futures ranted as follows:
Bat'd's
Wheat Open. 111th. Low. Cloae. cloae.
Serte.uber .. 1.07'i 1.0JJ4 1.0014 M.O0J4 1.07V4
.'ctciuwer .. J.wft i.vnj i.wvt t,ui?i Ti.ua
My j.uv, 1.13ft lain ti"!4 '
vi 11 iivw uaiivrivj
(4 71 7354
03W 035. C3
oavi ostt
PHILADELPHIA
MARKETS
, G1VV1N AND FLOOR
lU.?.TCne'J.?.r .'hel .th
i;;:."',,".?& w"n . w
"ponera and miller.
In export ejeraior-N
tnaalrr from
OUotAtlnnet C! let.
3. red. new, epot and
ii Ri!i!'-Vi0,'i,'-N0- rti Weetern, new.
1 w!.Vi."i JuUirn red, flew. 1.12
J,ira.IJ2-'.'l,' nw M0ilil.No.
reo. new. 11.10n1.14, mi: a . a on
gi.0?i reljdM, fi. .new, 1161.031 NeT 1
EHnat-JtPe'li Whets. OrTerlnrs
w.fr2 "Aht. .?li he nirlit ruled fTrm but
?i"fi-.9u".'.l,n1 r lW !" leat trade, ae
to IfeatloB-No. 2 yellow, OOJjefllHe.1 eteam
r yellow, eojievoftci No. H yaiKV. 7
-iTar.,JfcJl,,' 1'"l buihels. . Old erop
ecarce, with No, a white flrmly held at 7o.
per Duanel.
JT.i?u,.,"nS'tls'' l"8 bbl. and 8ia,2
pounds In neks. Demand was llrht and
T?uif P largely nominal. . quotations, , per
IBS lba,, in wood-v Inter, elear. new, .OS
L d..'.lr.JXhtt.n,w' 0"5.31 . palent,
5T,'V,&i,0ffs-,i. ?"" elear. Jute aacka. $4
V J;lo!. do., stralsht. new, jute eacka,. JI0p
.w, uv., anient, oiew, jute eacaa, ao,d.HOi
IP1!?!.. "'.;. efeaf. old, 10.MCa.rXh do.,
alralthL Old. ta.0oilH.TfIl rio.. neleni. n.l. lano
6! do,, tarortie branda. old. I7.2307.t5:
liit.
a,4)x do,, ratent, new, l3BuiB.7S.
nin FLOUrt waa In amatl supply and firm,
but quiet. We quote Fenneylvanla at M.Borf
5.18, In wood, and Western, new, at tSBO.SO,
In sack.
LONDON WILL PAY
M PRICES FOR F00I1
Depreciation of Pound Str
ling Worrying Financial,,
clcs in Britain.
07,1c
cur inllla choice and rancr eatent.
r.701 city m la. reaiilar xradaa u Inter, ntlf.
now, 4,8305.1lj! do., atraliht, new. IS.ioii
eo ouvio.70.
PHOVI8ION8
There was a fair jobbing movement In mdet
dcaerlptlona (ltd values weVe ateadllr held.
Quotallona: City beer, In aeta, smoked and air
Irled, 2SO204.) Vatrn beef, aeta. smoked.
23JlBo.j cltr beef, knuekles end tendera,
mokeu and almtrled, 2747284,1 Wealem beef,
knueklea nnd tendera smoked. 2702Se,i beet
heme, 31032, porK, family, $22O22.B0i hama,.
ui..; ov., aninneu.
cured.
louae, 1A1
,1 do,
(ted.
WL1)lc.l do., M
I.12H
September
December
May
OaU
Septerdber
December
M-ty
LarU
Soptoraber
October .
lllbe
September
October .
Pork
September
October
1111. tAsked
71 74
00U COVi 03V, 03U tOUV,
Hi 80H 38J4 88U 10
ni 40 .int! snC 4o4i
VA 3 12K 12H 13H
18.IT 8.07 '8.13 8.12
8.20 8.13 8.22 8.20
0.22 0.22 0.12 0.20 0.10
0.20 0,22 0.10 O.IB 10.10
18.72 13.07 13.03 18,00 n.72
13.NT 14.00 13.80 14.00 413.78
, 31
30'
4:
, 8.12
8.17
SPRING WHEAT CROP
IN SPLENDID CONDITION
307,-
Local Bid and Asked
Today's
Did. Aaked.
Baldwin 82 82S4
do pref
Uulf A Sua t o
do Dre( ......
Cam Ktecl ....
Hlec tiloroge .,
Uen Aapliait ..
.do pref ....
Ke) atone Tel .
do t c
do pret
Loko 8up Corp
Lehigh Nav ..
Lehigh Valley
Lehigh Vat Tr.
do pref
I'ennayhanta .,
J'hlla Ulecirlc ,
l'hlla Co
do .1 per cent.
do O ner cent.
Ihlla ltap Tran
du t c
lletdlng
Tonopah Ilelmont
Ton Mln ,
Un Tructlon ....
u a i
U S ateel .......
York Itwy
do pref
Wm Cramp t o..,
MINING STfJCK QUOTATIONS
TONOPAH STOCKS.
Bid
Saturday's
Bid. Aaked.
78 784
11H 1U1I 1U.
12 13 12 13
40K 41 40U 41
07 07 07 07S
31H 32 32 3.1
HI 70 00 70
:; H iiw 14 i4Vi
14 14 (, 14 llii
&3K Ctlt, ( Ull 1-j
104 loVi io IOH
rM 7i 7.41 iai?
Vlh 7J 72U uy,
10 lOtf 13W 1
33 34 :u, :i-'
Bl 54H B4'., B4
23i 24 23J, 24
3S 30 30 3UJ4
pref... 34 35 34 33
tref... 3 40 30 40
10i 10)4 U!i 1U
10(J 10 Ott 10
:::::7a5ij rf
s avi bw sis
II... K 86 83M 8Ml
74 74 72$ T2
7(4 8. Otf 7
20 30 28 30
,(... 71H 70 77 78
8i
.10
.20
.30
.12
8"n
:::: 58
:::: 5&
Jim Butler
Midway ...J.
Mlapah Extension-,
Montana
Northern 8tar .....
Tonopah Belmont .,
Tonopah Kitenilon
Tonopah Merser .,
Tonopah Mining .
Weat End "
aOLDFlBLD STOCKS. ,
Atlanta JO
Blue Bull .,.,.,... .03
Booth , 1;
flnlMntf 01
.07
.01
.04
.43
IL44
n n n
Combination Fraction
Dlamonddeld B B ...
Dalay ,...,..,
Florence
Ooldrtelit Conaotldated
Ootdrleld Merser ,...,
jumbo Eztenalon ,..,
i. .........
,,. ........
..........
I...,.....,
.
.,..(...... to
uu
Keanaa ...... .i.
Band Ken ,...,,,...,......... ,uj
MISCELLANEOUS.
Falrv Aatea 01
Klmberly "'
Nevada Jf all .... ..........., .J
Nevada Wonqer ...1.40
'Aaked
.81
.11
.21
M
.13
58
.01
.31
.01
.40
.OJ
.04
,08
.03
,03
,"
.22
'iff
.07
,00
.03
.03
.13
1.30
Govornmont Report Predicts
000,000 Bushels.
WASHINGTON. Aug. s.-The Crop no
porting Hoard, Department of Agricul
ture, today made the following estimates
of tho principal crops on August 1:
Winter wheat Yield per acre. 111 bush
eN, last year 19 bushels. Total produc
tion C39.O00.0O0 bushels; July forecast,
CGf9).0O0 bushels; 1911 final, 625,000,000
bushels.
Spring wheat Condition August 1 03.4,
last year 7S.E Yield per acre. 18 bush
els; last year, 11,8 bushels. Total pro
duction, 307,000,000 bushels; July forecast,
29S.000.000 bushels; 1911 final, 200,000,000.
All Wheat Yield per acre, 16.3 bushels;
last year, ,16.6 bushels. Total production,
CW,000,000 bushels; July forecast, 963,000,
000 bushels. 1911, final, 891,000,000 bushols.
Price, August 1, 106.5 cents; last year,
7ii.S cents.
Corn Condition, August 1, 79.B; lost
year, 7S.8. Yield per acre, 26.7 bushels;
last year, 23.S. Total production, 2,918.
000,000 bushels; July forecast, 2,811,000,001
bushels. 191C total, 2,673,000.000. Price.
August 1, 78.9 cents; 1911, 76.8 cents.
Oats Condition August t 91.6: last year,
79,1. Yield per acre, 31.9 bushels; last
yenr, 23.7 bushels. Total production,
tl02.000.00O bushels; July forecast 1399,.
000,000 bushels; 1911 final, 1,111,000.000 bush
els Price August 1, .1 cents; last year,
30.7 cents.
Barley Conditions, 93 8; last year, 83.3.
Yield per acre. 29.1 bushels; last year,
25.8 bushels. Total production. 217.000.OW
bushels; July forecast, 208,000,000 bushels;
1911 final, 195,000.000. Price August 1, 66,7
cents; last, year, 15.1 cents.
Ilye Acres planted. 2,B91,C00; per cent,
of 1911. 102.1. Yield per acre. 17 bushels:
last year, 18.8 bushels. Total production,
11,000,000 bushels; 1911 final, 13,000,000.
Price, 89 cents; last year, 61 cents.
LONDON MARKET DULL
s. i
looie,
other hams cmoked. city cured as to bran
-m n. , nnvionci dams, amoaea, weat
rJC!L,f,,rd'. KHOlB'ict do., belled, boneleaa,
23tt24c. plcnlo ahoulders. 8. P. cured, loot.
llffUd do., itnoked, UHG12Uc; bellies.
In pickle, arcordlnc to averate, loeae. 12Ho
13c. i breakfatt bacon aa to brand and avence,
city cured, llOlKe.; breakfaat bacon, Western
cured, 17018c.; lard, Western, termed, tierces,
OrtlOc.; do., do., do,, tuba. DjolOc.t ut,
pure city, kettle rendered. In tlereea, BKeiOo.;
ird. mire city, kettle rendered, tn tujja,
REFINED SUGARS
The market waa quiet and steady. We quote
refiners' Hat price, aublect to conctfilone of s
polntai Standard granulated, R,7oil3.73c.: extra
fine granulated. o.33.70a.t powdered.'' IB.7BK
o.wc.. con
Eiadte, 4.Na5.43c.
aled. .VttSHMOo.) powdered,'' IB.78W
nfectloneri? A, S.B30B.IXc, aofl
DAIRY PRODUCTS
BUTTKIt. Demand waa fairly actlre and
prices ruled firm on One gooda auppllea at
which were well cleaned up. ' Quotatlonal
Wettern aolld. packed creamery, fancy ape
clala, 28c., oxtm. 20c: extra tlreta. 2HJ2SUc,t
firm. 21l244e.: eeeonda, 22023 c: nearby
printi, rancy, 20c: do., averate extras, 17
28c: do.i fair to rood, 24tJ2Jc; Jobbing Mies
of fnncv prtntt. 33U30C,
EUGS. Choice atock waa aenrte and 1BO
80c. per cnao hither, with a (6od demand.
Medium and poor ears were plentiful and
dull. Quotations: In free caeca, nearby ex
traa. 23c. per dos.; flnta fu.80 per atandsrd
eauei nrnrby current recolpta, 15.4003.70 per
caee; exceptional lots higher) Weatern, .extra
flrala, 8.80go.RO per caae; Urate, J3SMJ0 per
caao; fancy aetectcd candled ei(a were Job
bing at 27tJ2t,c.
CHEE8B. The market ruled ateadr Under
moderate offerlnra and a fair demand.. Quo
tatlonai New York, full cream, new, Ufp
14 He; do., do., fair to good, new, 13ijl3Mc.
do., part ektma, 0013c.
POULTRY
fair lnaulrv
were ateadlly main-
for de
LIVE. There wee a
almbte stock and values
talned. Following are the quotatlona: Fowls,
ua to quality, IOSIOHc: rooatera, HOtitc.t
brolllnr chickens, fancy, not leshorne, weigh!
tng 1K02 lbs. apiece, 2ie22c. do. hot lg
hornit, welshing ltflVlo lbs. apiece, 17J2c:
do., leihoms, welshing 1H02 lba. apiece, 17
ttisc; do., do., welshing loivi lba. apiece,
lOUlrtc: ducka, Pektn, old, iaollc: do., In
dian nunner. old. 12Jl3c; dp,, youni ac
cording to site, 13016c. i plreona. old, per pair,
2182JC.! do., younr, per pair, 20321c.
DIinsRICD. Fine dealrable-alxed stock aotd
fairly and waa kept well cleaned up at full
llrurra. Iced fowla were VJc. hlaher. Quota
tlonat Freah-kllled poultry, fowla, 12 to box,
dry-picked, fancy selected, lUo. : welshing 4H
&.t lba. apiece. 1HC: welshing .lt4V4 lbs.
apiece lSWc; weighing .1 lba. apiece. IOMiU
liWc: under 3 lba. anlece. UHiflSUc!; la.
racked Western. 4H lba. and over apiece.
So.: do., smaller slice, ir317c,i old rooatera,
dry-picked, 124c: broiling chickens, Jersey,
fancy, 28028c,; other nearby fancy, 2IB2c. :
fancy, largo yellow Illinois weighing 2HO-I
101
tbr. apiece, 23c,
20rr2ic.: do.,
spring ducka,
ltO!2.1bs. per
; ..c-B.cii, nciiiiius .mi
welrhtng lniu lbs., l(lisc:
toe, wniie. wcic
, BpnUt (Mite to tht gorging lAteet.
By FRANCIS W. HltaT.
Editor pf The Beenenstst,
LONDON. AUff. IWTlu rpteei at Cti
eellor of the Exch:eaAir neglneW Jte.
Kenna. at Preston, show that he irtMttiek
the Importance and difficulty of ttte ex
change problem as represented hv th
depreciation of our pound sterling in (fol
iar terms. Hence the TrMufTa effort
to withdraw cold from circulation- fr
export, and, If necessary, ntbn the move
ments of Japanese greld td Canada or th
United States probably l eplalned
By the movements of Russian gold to
Japan In payment for eloth, boots, and
munition of war, Iltissla U Indirectly ao
slsllng our exchanges with Now York.
The temporary flicker Of Improvement en
the Italian exchantfe Is, I find, ascribed
In this city, to rumc-r, probably bailees,
of credit arranged 'In New York. Tha
rublo depreciation, natufally, has been &
centuated by tho fall of Warsaw nnd the
carnpalgn against tire Baltic ports,
Speculators, however, eirpect a retorery
when the Dardanelles' are won. Our great
question hero, now. Is, how wo ar to pay
tor tho Increased food and munition Im
ports which we shall tt-nnt In hi... (V.nt
America this autumn. They will stand
at abnormally High prices, and our ex
portable aurplu of textltes and atlier
manufactures will be much less than
usual, It la probable, we shall muddle
through somehow, by exporting gold and
selling back to you more of your rail
road securities,
..i1 m" tt P'ty 'hat our Government
did not buy uo American Industrial stock
before distributing Its war orders. The
contraband and blockade policy of the
Government Is rather obscure, but Cabi
net discussions may ease the situation be
fore Parliament meets again.
The proceedings of the Russian Duma
are being followed with great Interest
nerej, as Indicating the niiMMf
.aweeplnr reforms. Peace proposals from
uermany art, by no, means impossible In
tno noar 'future.
WAR EXPORTS $350,000,000
Total Rapidly Expanded Toward Erid
' of Fiscal Year.
WASHINGTON,. Ay. 9.1war supply
exports from the United States during
tho fiscal year ended June 40 approxi
mated 1350,000.000. according to the Do
partncnt of Commerce.
'This does not take Into account the.
conorrpoun exports of foodstuffs and
clothing and numerous other articles. In
Jun,e tX,U7,6?l of war supplies werej
shipped. Tha articles covered are com
mercial and passenger automobiles, anrie
and' ammunition, firearms, brass and
manufactures of brass, copper and man
ufactures of copper, horses, mules, bltu
mlnuous coal, horseshoes and aeroplanes)
and parts of aeroplanes.
Purge shipments of arms and ammuni
tion havo practically Just commenced.
During the .last two months exports of
arms and ammunition Jumped considera
bly, exportatlona during June, for which
figures' are JUst available, amounting- to
12,527,2J1, of 25 per cent, of all tho fire
arms and ammunition exported during
the fiscal year 1915. Tho total was IU,
039,152. I
white, weigh
white, weiurt.
. i.-. .r ' . .. ""
z Ddu?.iiu; ao. i ids. pe1
I Ins 1)810 lbs. per dos., flft3.no
lnir B ids. per aox,. z Ddu?.iiu:
do 82.1002.20; dd., OS8V4 lbs. per dos., 81.U0
i3.wy4.no
lng 8 lbs.
UUAt. e-luV V. UM, ,n lUh IB. .,U., (!
01,03; dark, si.SOgi.03; small and No, 2, ?I.
FRESH FRUITS
were In fair request and sen-
Cantaloupes were more plentiful and eaaler,
umer iruus
erally ateady. Quotations: Apples, new,
transparent, twr iimyr, uvcvfi.o
Ueorela. Belle of Qeorffta. ber crate.
do., Qeorila, Elberta, per crate, 8 lOl.SO
peaches.
1101.;
50:
neara.
Southern La Conte. per bbl.. (304) grapes.
norm ..aroiina ucutnifH, per e-Daaaei car
rier. tl.SOtr2: lemons, per box, S3tf0.23;
oranges, Florida, per box. 3.303: Erapefrult,
r turiuu, iir im,a, .u-, iiioacvica, per era e
mco. si.ooa-j.io: norma. ii.oora.7.v
plums, ueorxia, per carrier, eoctfii; bla
berries. Delaware, oiaryisna
COC.kfSl filark.
and Jersey, per
RAILROAD EARNINGS
COTTON
NBW YORK, Aug. 9.-Cotton opened
steady this morning at a decline of from
4 to T points. The report was good and
the open oetter than had been looked
for on the cables, a decline pf 8 to 11
DOlnU having been expected here. Wall
Btreet houses and New Orleans Interests
gold. The weather map showed Improved
condition r imbbh
oat, upw
oTot 0.S9
OJO 9.43
0M 0.73
10.13 10.10
January
October .
Deeeniber
March ..
11
a.m.
9.81
Sit
11.30
20
p.m.
m
9.T1
PRICE OF LEAD REDUCED
NRW yORK. Aug. 9.-Te Anwlsaa SW
tag and Rstlaiag Cempaay rattl the ft
of laid from & fo 4K twU taday.
BAR SILVER
NBW YORK Aug H.-TMse ijuatton far
fjuumercUl bar allver today waa 7H C49U.
wHtTlaextcaa deiiaxa st 3fc ceAt.
NOrtTJIERN PACIFIC.
ivi a vecrcaaa
June groas IJWJ" Ti-!i
Net after taxes......... 2,104.003 2.418
Twel?i monthi' groas... 63,171.033 T.277.023
Net after isxes." 2ljM0,Bl 783,373
twin crrr mnps.
Fourth week July. IJS?.3 !?.81
Month 7. 7M.427 31.430
Krora January I ..,, 3.332.233 '47,039
CENTRA!. NEW ENOLAND,
June (roes , I373.00S J70.240
Surplus alter coarse.... . .uo lei.nii
Twelve RnQiDr gross... e.voo.vii
Burplua attar ciursej.... 400.200
ONTABIU ANP -WBoTBRN.
200.7I
1,21
1T.S
"JS:fll
IU2.T&S
81,708
924,t
OI.J01
June groaa
aurali! .ri.p chirm.
Twelve months' rroaJ,,. 8,M,pj0
SurDlua alter crurs.... o4,ovi
UOSTON. HEVBItB BEACH AMD I.YN.N.
Quarter epdlne June -
Total oper! rev JS.MT ie,cg
Net .....' 2,67 0l
Jaereue,
NEW IaIRS DUJTBB AND EGOS
NEW YORK. Aye. WnTBIV-Markt
etaady. receipt SWljp3;f: extra, J&.,
higher acerlnr. WtfBE,But u'nr' T'-
Uniutlon erearaery. XfiyHf.
EG08.-MrkU lrrenjtarf reeelpU, 13.ST3
eases; eatta Ofa?, leM ?tir Pdl
firsts. XSliOHe., rewlar paskedi atubf
wbtu. W8& 11 t-l ""arty
New Natltwsl Bnk
Absllcatisa to Massif tt Ftnt Naileeutl
BanlTof SyMr. Pa.. M Usa mad totS
Comptroller of Cunesey,
Reactionary Tendency in tho American
Section War Loans Steady.
LONDON. Aug. 9. Securities on the
Stock Exchange wero Irregular today.
There was a .fair accumulation of orders
over the week-end for Investment. In the
gill-edged section trading was slow, tho
war loans were unchanged. Firmness pre
vailed In home rails. There will be dis
bursed this week by various lines 5,000,
000 In dividends.
A reactionary tendency developed in the
American section on advices from New
York. There was buying of Canadian Pa
cific Mexican Railways were stronger
on the conference with regard to the af
fairs of the republic. Liquidation by the
estates of deceased persons was respon
sible for the setback In Argentine rails.
Foreigners were neglected and pneo
changes In mines and oils were narrow
and confused. It was expected that the
Stock Exchango will bo closed next Saturday.
London
close.
Atchtaon , .lOd
Hiltlmor ft unio- tu1
Canadian Paciao ..,, .,1?5!
Chesapeake A Ohio ....,,,,, 42-
Chlcaro Oreat Weatern,,,., . 12
chlcaio Mil ft Bt 1'aul..,,,, id
Denver & Rio Grande ,,,..., O
Krl 3H
do 1st pref .....I 43(,
miroi uenirai .....,, ,,.., u, iwj
Louisville A Nashville 113Vi 108
Missouri nan lexee ,
New York Central 84'
Norfolk .Western 110'
N Y Ontario Western...,, 28'
Pennsylvania. ,,,,..,, ...,.,, IMS'
Heading ..,.,,,,, 78
Southern RaUway , 1
SAiihrn Pacific ..... ... 02
Union Paclfle ...,., MOW 1J0J4
U S Steal TSK 72
-rlncreaaa. ueerease.
July Fire Losses
Fir loases in tha United States and Canada
during July aixTerated J3.OOI3.SOO. comparsd
with lt7.5S9.800 a year ago. For'een month
ended July 31 the losaes were 8112,307,800 la
IRIS. ll3O.BS8.0dO la IBM and I! 20,334. &M la
1613,
NEW YORK COFFEE MARKET
NEW YORK, Aug. P. There was a firmer
feellnir on tho Coffe Kichanre In the rarlv
I seaslon today. Advance of 8 point and more
wero scorea ai ine atari, jrvaing was moa-
eraieiy active, a'rive tonuwi
' Today
-.0APm"
,,-n.twi
Porto
jerries. Delaware.
. HiMIIa . .nn..),...!.. nA.. .. .A.a k...
, WV0V.. wvwv. . ., v. uv., wuvv. 1IUCKIC-
berrlea, per qt.. 0Q86.i cantaloupes, llaryland,
per standard crate, 3101.23: do.. North Caro
lina, per standard crate, ilftl.23. do.. North
Carolina, per flat crate, 40SOc watermelons,
per car, S1&08223.
VEGETABLES
Potatoes were In fair supply and demand
at reviled prices. Other ventables wr
plentiful and barely steady. Quotations:
M'hlto potatoes. Virginia, per bbl. No. 1. 70c.
lA..v, ,.w. "", .W"2l. ",,! VUIIIIVH,
Jersey, per basket No. 1. 209H0.: do., Nfc 2.
10c.: sweet potato. North Carolina, per bbl.
No. ! 3.t.23, do., No. 2. 11.7362: do.,
culls. l(tl.2a; sweet potatoes. Jersey, per
basket-No. 1. II til. 23: do., No. S, outrtbe.;
onions. Jersey, per -buih. baaket. lSCZJcl
do.. Eastern Shore per hamper, 3aCF-t0c; corn,
Jersey, per baaket, 2SA3SC: tornatoea, Jersey,
per basket No. 1 early, 8S150.1 do,. No. 1
second early. 20663c,: muahrooma, per 4-lb.
basket, WcCJl.
August .1
September
October . ,
November
December
January .
February ,
March ..
April ....
May ....,
June ..,.
juiv.,.
Rid.
Saturday's
cioae
fl.eojw.ao
.......(...
lr.....,,., 0.60416,61
...... ....... .
............... 0.00
..,,...,......,, ,e.jotfa.fo
,..............a,no
6.83420.87
. ............... B.rvsa,Da
0.03
Sale, 10,000 bass.
o.fr.'tja.on
e.mB.at
e.rifio.(a
fl.Rii)n.B2
a.eitlA.it'j
e.Biflnr.7
n.ooee.71
.7'iS.r3
tt.78(jS.M
B.RlSfl.'O
n.8sta.oa
atoecos
JULY ANTHRACITE SHIPMENTS
Total Decreased 457,652 Tons Below
Last Ye4r.
According to the Anthracite Bureau ot
Statistics, shipment of anthracite coal
during July were. 4,231,203 tons, as against
,331,205 tons in July ot last year, tt de
crease of 37,652 tons. For the -cnlendar
year to, July 31 the shipments were 3d,.
(29,509 tons, as compared with" 3J,337,6t3
ton In the same period of 1914, a decrease
of 1,S03,13T tons,
The .shipments In July by the different
companies, with the Increases or de
creases as compared with that month a
yenr ago, were aa follows:
. . iB3- '
July. Tons. Ton nraM
PhlU. tr Heading RSV.Ul !1.UU T,B8i)
i.ehib Vuy. . 1,024,611 1.O20.MJ fceii
1 It. It. .1. J..., OUI.HH3
Dot.. l & W,... 042.773
Del. At Hudson.,, 6U7.801
. - Tlallrnsd
reuna,'
j-rie ...
Onurlo &
lUllroad.,
Welt. ;
r.oj.sao
ootj.oio
201.910
Tua,.tui
828,771
071,682
403,760
717.201
202,362
note
28.1,080
2ft, 131
.17.210
07,101
4S2
'Total
'Increase,
4,KH,20a B.891.83T 43T,
LIVE STOCK' (iUOTATIONS
CJIIOAOO, Aug. O.-lIOaS.-Itecetpt. 23.000;
m.a.rJl5', "'"dr. J. hjshen mired and butcbcn
(t.l4e7.33: good heatry. 8.2JB7.15) roual
hoavy. i3.ooeo.20i lltht, ett.O0tt7; pig. Wl
7.40i bulk. .2OttT.03., ,p.si
UATT1--Itclpts. .000j market JSc. and
Me lower: beeves, 0.4o3l0.23: co end
neiferw, sn.13O0.S3; Texan. 0.3g8.83i calves.
sv lfioll.&n.
s"llKKl.rIUceipt. 12.000: market stsadyi
natlte and Western. 3.30ae.ts0; lambs, I7.JO
Reported German Bank Failure
LAUSANNE. Aug. 0. It U reported that V
Mendelssohn-lrtholdy pnk. of Germany, ha
(alled'for 1130,000. 7 '
SOUND INVESTMENTS
RAzreRavGct
BANKEHS
DIVlnWWDH
TIIB LKHiaU COAL AND NAVIOATION
COMPANY
Philadelphia, Jus 38, 1018.
Dividend Ne. 11.
The Beard of Ifasasers this day. declared
a quarterly dividend ef two per teat. (IIM
per share) oa lb Capital Steak pf the Cm.
pany. payable Augtut 81, 113. to sloekheld
er a regUtered bk .UhL ?
pany ,1mV tl July 81, 1W? Oheek
will b mailed 't atoakhslder yiht h
nled permanent dividend order with the
treasurer. -.. . ,
H. F. BAKXB, Beerttary.
ft
N. T. . 9
EqUV.
101 , i
K 148 1
Si 40-e -ij a
;:.. 1
iSiiia I
JS -
83 C .
4' !
I
i
i
j
-
a
i
!
esje
PIBBOTOBdf e ACOOIOJTANOT
bB AceaasUat
1
J Pfcea Lombd
aJIAN
WMaut M,
!
CASH Versus CREDIT
QBAYyou ttro selling on 60 or 90 dayi
ilme.wjth 3 off for cash In 10 days; and yon,
have a $25,000 credit line with, yoar Btmk, and
are in good trade credit,
TOMORROW you change yorirternifl to 8
cash agalajt bilU of ladlnp, reducing yoar prkw by 3,
and you expect to lnereuso your toIubi or cay jer citslj,
discotjat nil purchistr, ctev
lioxr coulcl such a, change ef "UxmM elt&w
cause yopr Bank to curtail your lln of aemMker
uhfaTorably affect your credit la trVt'njMa'.
Your customers, like you, must cw'ope
accounts end mutt buy aa iine, THrOuth u, tj -wiii.
oat their knowledge, you gfasply chango year- arM tmbii
to S0?i ctuh at date &f jUpMtat, gMng t ilirwt ta
same dlicount or our Cash u yen pfier to yr t
tonisra for their money ia 10 day.
Your continjeat liability on accountfjAl to
tu' la 'only your rbk el Irxa by failure, awi $M tl
can Vb TMtricted under Credit-Inwr&iw.
When these facts are cjarly smr?awi(iir, "nhf
sliouUat the hoaeat asrisast! W a wow to frWmMm
M ttsttrEed7 - 1 ,M
Write forfarthsr ckhJk, g ry tMt,
ComnmrcM 0rft
CjatshAM-a. j..1 Ti ft ttaV J B'sflT
KM rM
mum m0t Wn&MW
'mwmmmmmiLmmmmmm-
mmmmmm