EVENING LEDGER PHILADELPHIA, SATURDAY, AUGUST 21. 1915.
0
ntiM
1AVY INCREASE IN LOANS, DEPOSITS AND SURPLUS RESERVE OF NEW
CLOSED WEAK
ACTIVE SESSION
Shares Hard HitCoal
5ducts Said to Bo Earn-
ing l"u rer uuu
' f
P vrtllK Aug. 31. biockb ueciinca
''tii he short session today. There
S' '.lotion of nervousness nt any
i.ier nd the recession nppenr
however "" ,,..i . ...11,1.,
'lnck of any organised sup
"' ih. ncncral opinion wns to hold
m. -vinu any new commitments
feX "n view of possible com-
- ,-- .i,. Arnhic case. Activity
n? . ". ile. and while the war
Itl?."""1 their customary place
:"L..viMt losers, the railroads and
EMrd shares came in lor more
than usual, and they also
inrcer declines.
street h'ar1 thnt the Drl.M?.h ,0un
'..I.. A In NW HOTK ID BlIlUlllZC IIIO
r' exchange market would be dc
,n,l this was one of the reasons
! lei'"? '""- , of forel '
tlon. the only means of over.
a declining ihw - -
.......I n.if ilrntil' In flirt
gtrfo irsues BlUUU " ..-.. ......
.f"..'...... htnrn theV. tOO. fell In
Tiara reaction. They wero American
J' Products, Tennessee t-oppur unu
jsianu.
-.Minn with the strength In
I w . . i. ....... maA thnt Anrnlncs
b.1 PrOdUCl 11 who . v.." -
E the manufacture of acids aro run
SL.Tr the rate of 100 per cent. It was
Si that a lttrB8 amount ct the stocK
2Vk Island belnS taken ,n th0 mar"
. was Tor Reld-Moore poople, and
Si they were getting back Into tho
Zmtkf One of tho weak xsuoa among
JTtttndard group was United Stales
EV which at ono time registered a loss
ffi ints. The final appeal of tho
SL3nment In the anti-trust case 1b not
rJr,,. , h nied until February or
Meci
jCrcl
led to be Iliea until rouruury
ji of next year. Late In the day
was renewed pressure and stocks
kru. low points. The copper shares
Hf ..i..h wonk. Steel, at the low.
Sk.4 a loss of over ZM points.
lisTae Western railroads will make an
iKwIlcatlon to the Interstate Commerce
rjsmmission iur ,;.;...... - --..
rT.. .. hltrhar frplcht rates, which
won "".."":;.. -V ""-. . .u ' Tk.,
virtually ueciueu uBumak mcui. j,.,i
will be done was the Information
KtMch came from a source usually con-
ppltred renaDie, ana lium tuuroi: hm
Weed on by the 41 carriers concerned
Jli last few days. One of the prlnct
Hl'pohrt" which will bo raised by tho
tisrlcr as giuuiiu iur iciicaiinn
it lacis were missiuieu uy iie wi
lori In Its decision.
htti all of the demands of the rail-
Nads teen granted the annual revenue
Jwuld have been Increased by 17,600,000,
kt' the ruling bf the commission brings
'k down to about $1,630,000, or about one-
il of the amount asked for.
?NEW YORK BANK STATEMENT
!? . ,... .
pepesits Kose uver ruty-two mil
lions I -oans Also Expanded
'EW YORK, Aug. 21. An Increase of
mt )U,00O,O0O In deposits was reported
bytta New York Clearing House banks
fwtntek Just ended. Loans increase
Marl; fHOOO.OOO. while the average ro
irM rest $31,927,000. The actual gain.
wrtytr, was only to.sat.wv.
;ftai average loans were $2,631,812,000,
net demand deposits of $2,615,643,000
'.tfmc deposits of $H3',2C9,00i). The
Ht average reserve was $638,830,000.
ills 4'ollow:
Mirlns lloue members, aerage: Loans,
e, s-I),S(iS,O00; deposits, Increase. 5i.-
lme deposits, decrease, $2,7.000; re
Inueate. XlO.l'lU.KbO.
rltii Houte members actual: Loans. In.
EM S.11,1127,000; deposits'. Increase, s,52,0t7,
llme deposits, deciease, $2,420,000: re
ts, Increase. $b,3S4,000.
f
BANK CLEARINGS EXPAND
fcreasc of B2.1 Per Cent. Reported
for This Week
5ln Increase of no less than 2.1 Der
.MM. wbb shown in tRo weeklv clearlncs
f th banks of the country today. New
&Mrk led with a gain of 108.4 per cent.
nrhlladelphla's Increase was 16.4 per cent.
fJB Boston was second with a 20.6 per
ami. gain. Tne totals for tho week were
JMJ7.J1S.S1J. against $3,146,116,071 last week
a $2,183,287,150 for the rorrrnnnrtlnr-
BLJT iasi year.
mm
York.. $1,724,891,495
Wtlphla
iiu,iav.i7i
1211,6411,8111
23,CMI8,Mtl
230,241,1140
fi8.S48.081
14.608,401
nore ,,
sa
Lovlt...
' Orleans
I cities
t4ays.... $2,810,374,164 $1,853,052,503 70.8
wr cities
, y 618.268.487 483.2O0?417
1 all cltl
'rs....l2.823.A42.flnt II Ri oiB nnn
Isltf,,
w,.
501,274,818 350.028,200
Uslldtles
wK,. 13,827.010.010 $2,188,287,180 52.1
PRESERVE BANK STATEMENT
!J wnlltlon of the Federal Reserve Bank
t'7n. " "" Dusines Atuust 20, 1U10, was
RESOURCES.
eoln snri r.r ." "
Kail's In vsulr.. IQnAAlAM iliKmaiAM
Isciilemtnt fund ' ' ' '
nance . . . 1 9nT ruv nn i , nni vi
W"Mlon fund 37)ooo:oo "sVioOO'.OO
K, tnlr notes, '
;, vu , il,8SJ,354.D3 3,110,432.80
1 reserve $13,747,604,03 $10,040,202.00
'nisi paper, ,
acceptances,..
$571,818.22
1,S13,22.83
$.V)8,U72.t4
l,52U,l)0t,20
bills dls
oonled & bought $2,087,140.55 $2,033,038.34
.Iion4s . ... 1340.150.23 1340.156.23
r warrants l.U81.400.i!2 1.U71 680.47
lEftaJ lavestnients, $2,621.565.87 $2.311,845.72
from other Fed-
IS1 irwrv '"inks
fSiril rWv.' -.2-8 t.87.002.10
!T..v.?n hand ... 886.550.00
104,260.00
873,601.10
i'Mfr resources. 867.008.30
"sources. ..$23,680,001.04 $23,153,001.25
LIABILITIES.
. WW In ..$5,271,050.00 $5,274,050.00
.k:. V. .t 18.304,204.02
trier ll.bliltles 2)747,02
v.f-v,t
17,877,804.00
x,uio,oo
' Ushllltlea, .,$23,686,001.04 $23,153,001.85
MEMORANDUM
Fjl-al Reserve
'. circu a-
!r. notes U.
A liAnliV
3,05d,OOO,O0
8,203,450.00
1 4 1 Hettrvi
8,130,000.00
8,023,740.00
vuijunainB.
Ti vr (.anu
reseral He.
r asrm ij
ihfr lawfiT
ml ..1 '.: 3.630.000.00 ...,.,,
J aecurlty., ..'.V.,.. 3,l&0,loiX)t
NEW VORK CURB
Bid. Asked.
Ooni.
14"
U,
.410
.410
. 88
4&H
Amcric,,, TobtecS new
nti ;-,-
rv.n-.n-.'A
40
"ft
40W
4
cszry
pmt" ::::::::::
.yiir cW BiUi; ;;:.!;:. iieo" i5
.- A - - - -
X,..." 654 a
'ator M'. .:':';.'
73
atmsq
aura ' '. . ""
no
.1
110
MLVsHl
.Ann mm
itiy ,
her j M9
ism
I 1 HSJM
deai tfEr
ran, aH
vylf
hll I
cui pn
ts git,
nt. 1 HE
"i I
A. 'HlHL
"fill
1014. P.C.
$827,570,001 108.4
113,844,211 4- 20.0
108,1103,284 111.4
24,483,1110 B.7
227.7!i8,80( U.O
fill.4113,424 4 3.3
14.230,180 "!
s
. 3
New York Stock Sales
Aiarirs nM . L,t elott- Hl,h- O"- Close.
AhsWj.l ";;.- 3?.. H 32H 32H
AlltaSrtaasX'lVfi" ?LM 3. MK
07t
05)4
55
5S
07
&5
02
69W
61
68
60
105
04
ASfenVrV::::'
60
1M 105
07 M
1E5 14H
149
117J1 U7J 117J
49) 4BH 4HU
49V4
7H
35H
24
. 154
34
62
70'f
61U
Am Hide & Leather.
Am Hide At, of ..,,
Am Ice Securltlej...
Am Llneod...
Am Linseed pf
Am Locomotive
Am smelt lief ..,,
Am Steel Koundrlaj ,
Am Sugar Kef pf.,.,
Am Tel &Tel......(
Am Tobacco
Am Woolen
Am Woolen nf
7! 7 7
34' 344 344
234 23 23
1 4 154 16!(
354 35 35
53 40.4 514
794 74 774
60 404 44
109H 1094 107M 107
122 12H 121i 121H
228 223H 2234 223M
.35 35 ;i-W 344
014 004 004 004
. . ,; ' -... wi?j uvjra
lATIaP "" 70S 07 07
1014 1014 1004 1004
Atch T&SF pf...(
Baldwin Loco
Baltimore & Ohio . .
Bethlehem Steel
Bethlehem Steel pf.
Brooklyn Hap Tram
Butt Sunerlor
uusi m 09 09
794 7x4 70 70
814 81H 704 704
2S5 2744 274 274
145 141 141 141
S34 84 R34 834
ni 014 69 5T
.lau n oe nt
Cal Petroleum pf,
Canadian Pacific litiu not in; u'm
Cent Leather Co 43U 41' 451 4.11
Chlno Copper 444
Chlcatro Great West.... n'f
OM GtWcstpf 294
Chi it l&Paclne 224
Chi Mil & St Paul K14
414
44
41
114
204
24
114
29
214
114
29
214
814
81
814
u or pi..,.
Colorado Fuel & I
1214 1214 1214 1214
414 404 374 374
j-onsouaatod aw 1254 125 1244 1244
wuiuuieniai uan SAM 844
Corn Producta Ref 184 104
Cmclblo Steel 724 724
82
834
10
09
101
115
8
20
204
204
414
10
094
1014
116
8
20
204
204
414
414
109
202
wucioio aieei pi 102 102
i'UDan-Atn sujar 115 115
uen Rio Qpf 124 8
uisuuers- securities.... 204
Dome Mines 214
Krle 274
Lrlo lstpf 424
Fed Mln & Sm pf 444
274
214
274
424
414
41H
ueneral Electric 172K 170 inn
General Motors 2094 2084 200
Goodrich n F Co 69 584 M
60
uooancrt 11 f Conf.,.107 ins irmt ins
Great Northern pf 1174 1174 110H 1104
u' " s lor ore prop.. Vi 4UJ 39Vi 39
iiuBsenneim lixprn.... (34 034
014 f14
Illinois Lciurai 10IH 101
1004 1004
lnt Agricultural l'j
19
184 184
Int Agricultural pf
384
394
204
724
04
37
204
314
20.4
634
39
394
Inter Con Corpn...
Inter Con Cor pf...
International Paper.
Interna Paper pf....
Inter Met Vot t c.
Inspiration Copper. .
Kan City Southern..
Lack Steel
Lako Erie & West.,
204
74
94
. 374
204
344
. 204
, 53
194
724
37
194
324
254
524
194
72H
9$
37
194
324
254
624
0
04
t4
04
Lctilch Valley , .
1414 141JJ 1414 1414
Lleeett & Myers pf....H9 118
Max ell Motors 424 424
Max Motors 1st pf.... 88 88
Max Motors 2nd pf... 304 30
Mexican Petroleum.... 83 824
Mo Kansas & Texas... 74 7
MoKaniTpf 184 17
Miami Copper ...20 254
Missouri Pacific 3 3
IIS 118
404 404
804 . 804
344 344
794
7
104
7
104
254
14
24
Montana Power pf. .
Nash C &St L
Nat Enamel & a....
1034 1034 1034 1014
120 120 120 120
27 20 244 244
024 024 60 00
Nat Lead.
New York Air Brake.. 133 1324 1204 12S4
New York Central 894 894 884 884
NYNII&H 024 03 02 02
N Y O & West,
. 254 25 244 244
.1004 100M 1054 1054
.1064 10o4 1054 1054
. 714 71 71 71
. 324 32 32 32
.1094 10SX 1084 10S4
. 77 78 78 78
30H 30f 29 29
. 98 00 05i 054
014 004 50 56
.1014 1004 1004 100K
15S 167 157 157
34 4. 34 34
394 133 374 37H
224 224 22 22
147 1404 1454 1454
434 43 40 404
1004 1004 100 100
Norf& West
Northern Pacific....,
North American
Pacific Mall
PennR It ,
Philadelphia Co
Pittsburg Coal
PlusbureCoalpf....
Pressed Steel Car. .. .
Pressed Steel Car pf.
Pullman Co
Quicksilver ,
Ky Steel Spring
Ilay Con Coppsr...
Head ins ,
Itep Iron & Steel. ..
Hep Iron & Steel pf
Hock Island Co pf . .
Ituraely M Co
Humely M Copf...
4
94
h h a
10 o 10
134 134 134
14 134 134
324 314 32
152 1504 1504
51W 484 4S4
884 eOH b04
1024 102 102 i
144 144 144
13
beaboard Air Line 144
beaboard Air L pf 33
Sears Roebuck 162
Sloss-SS &I pf 514
Southern Pacific 884
Southern Pac t c 984
Southern Hy 154
Southern Ky pf 464 404 464 46.4
Standard Milling pf.... 734 734 734 734
bludebalcer Co 105 1054 100 100
Studebaker Co pf 1074 1024 1024 10-'4
Tenn Copper 5J4 614 48 40
Texas Co 139: 1494 1394 1394
Texas & Pacific 04 04 94 94
Third Avenue 514
514 51 51
Union Bac & Paper... 04
7 64 04
1294 1274 1274
Union Pacific
.130
. 82
. 704
. 214
. 174
. 35
. 604
.105
. 734
Union Pacific pf..
U b IndAlchoi...,
U a Cast I I' & F.
United Hys Invest,
United Hys Inv pf,
U b Rubber ,
U S Rubber 1st pf ,
U b Meet
U Sbteei pf
U S Express
Utan copper
Va-CaroCt.:m....
Va-Caro Cbem pf.
Va Iron Coal cc .
81) 814 814
714
084
204
17
324
49
101
09
214
17
34
604
101
204
17
32
49
101
734
lOh
04
.1114 HI
1104 1104
. 0J
. 064
354
.102
01 01 0J
004 04 l14
344 34 34
101 101 101
67 5j 55
1074 107 107
704 W4 b9X
534
Wells Fargo Kxp 110
Western Union Tel 704
Westing K & M 115
Willys Overland 175
1144 1114 1U4
170 170 170
Woolw'h F W Co
WooUorthpf. ...
1064 1004 lOo4 1064
124 124 124 124
Total sales 651,000 shares, compared with
380,600 shares last tfaturduy; this week, 6,872,
POO shares; last week, 6,202,100 shares.
SHORT TERM NOTES
Rate
per cent,
American Loco ., 5
Amer T 4 T sub. 6
Anaconda Copper.. 6
Argentine Govern, 11
Argentine (Jovern, 0
Argentine Govern. "
Due. Bid. Asked.
July 1010 1U0U lUlVi
1UIO JUU
1V17 10
1015 100
1U1I1 100
1017 100
1V20 l)8
Arcentine uovern, u
Baltimore & Ohio,
Haltlmore A Ohio.
Brooklyn Rap Tran 6
uanaman t-acinc,
Ches & Ohio Ry,
Chicago Klevoted
Erie Railroad ,,
Krle Railroad ..
lr.rlA Ilallroad ..
Uov of Hwltserland 1
Gov of Switzerland 6
Gov of Hwltserland 6
internal iiarvesier o
Lackawanna Steel. 6
IJc Hll & Mich Sou 6
N Y Cen i Hud R 5
N Y Cen & Hud R 6
New York City..,, U
New York City,.,. 0
New York City.. . J
N Y N 11 & Hart 5
Pennsylvania conv tt
Ifb Ser C ofN. J. 8
Seaboard A L, Ry, 5
Southern Hallway, 6
Southern Hallway. 6
U 8 Smelt 1UMJ
Union Typewriter, 6
United Fruit..,.., 0
United Fruit g
Utah Co '8
June 1918
Jan. 1010
May 1817
May 1018
Apr. 1817
NEW YORK BUTTER AND EGGS
NEW YORK, Auf. SBimjCR-.Ujtrk.t
steady,
Hriii,. ,rv..., --- K7,,.f?-: "u."7i
25'
amr ns. ,ie it own
mliatlon creamery, 22eV4o.
da
K
UaOS. Market
teaay, nrro, receipts, lava
Mckattsi sstra nrsts. ituoc, riuw
Sicked 1 firsts, 22U(j2sUe.. regular packed;
nearb? wlUtes. 84pt5c, mUedeolor, 21B20C,
Satberedi nearby browns, 2780c
LIVE STOCK .QUOTATIONS
CHICACIO. Aur. 21.-HOOB. "sceipia. pwu
teVdf rnarkW iteiay, 6 to 10c blfhsr. Ml
KdbutVb.p,, -twnJf10Su11 VM- it
6.8s rough heavy, W-W0.20i Rtht.
75 pl l5,00ea.DO; bulk. 4.2O740.
1 ri-wtSti 11. ..int. aba head, mai
teadi market ateaay, a 10 10a niiuer, "
t .r.Tt! 7J- trimuf IIA, rnA.1 hMTV. Sfl.U04S
094
300 bead, market
tBsdr. Beeves. edJO 10.26. rows and tiHlers,
uHKEP. Receipts. MOO beads nrWt
rtSSSf KUvjt ww. We.-, HKHH:
Aur, iuio 1UU' 1U1
Mar. 1U17 100 100
Uec. 1U15 loot; 101(4
Dec. 1U1U iooUs 100
Dec. 1017 100 10OS
May 1U20 lS Dn
4V4 June 1017 U0J, Wt
4(1 June 1U18 liSS Uh
July 1018 Wi 100
5 June 1010 81H 02
6 July 1U16 U3 W
5 Apr. 1B1U 100U 1UUU
6 Oct. 1015 100i 100 2
6U, Ar. 1B17 119V 00'L
Mar. 1U1U UU 100
Mar. 1018 But, uuU
Mar, 1V110 IHJH B!i
Feb. 1U18 100 100 t
Mar, 1017 M mil
Deo. 1013 1O0H 101
Sept, IBIS 100 IOO-H
Oct. 1015 100V4 100'!
Sept, 1B15 10O lOOVj
Sept. lBltl 102K 102H
Sept 1817 108 104
May 1B1II lOOli lOOft
oct. tuts too loot;
Mar. 1018 100 100$
Mar, 1010 100(1 1UOH
Feb. 1UIB loo joou
Mav 1017 OS DgU
08 OSj
01 03
lOiK 102U
os oyfi
too 100H
j New York Bond Sales
lllah. Low Close
IViOO Atchison aril 4s
Mi 1H ''..'
1400O do ev la 1R.W 01
111
111
2000 Halt A Ohio .IHs xn
4ISKI an 4s SO1
2UUO do cv 4H Wtl
lotfl lleth Steel 1st 6s 10l
lmirt rtrt rf.i rm in 11
t
NlU
ll'lS
10UH
Wlj? .
101U
iou'
JisiO Rroolt Hap Tr 6a 'IS. UK)
itv
11M
hk) (,-ent L,eatner 1st na
,s .. )'t O-lH Wljfc
..,.111(4 Hi's mZ
a.., 7vf 73 78Vi
jKPini ynue I'opper 7a , .
I4(ir Chts A Ohio cv 44
lOOO CM A Alton 84s 43
, 40 4.1
. IUIU INI
. 82i, Wli
43
7000 Uhl II A O Joint 4s..
12000 Chi 11 A O III 8tis..
2SOOO Chi M A St P en 8s
int 4S.... IHIU
O1U4
824,
1000 Chi Mil A St T CV 4Us
lOOO tl M A HI l n 4Ua. ON
2000 Con Oaa cv ris 115H 113H
2OO0 Dls Pecur Corp 6a 1HI4 0l
pjw iiu t'oni I'own 4ts ..nwi
iissi i;ne conv 4s per A,.
l(m Krle conv 4s Her II..
2000 Iowa Central ref 4a.
30011 Ins Cnn cv 11 '111
3iHX Insp cv ret ad Pd 0s..lt34 1J3
"ou intern met 414. , . 1
21Ki inter Mer Mar 4lis. .
,rH intcrnl l'aper cvt s.
loon K (' Kt SAM 4
loon Kan Cltr So 1st 3s...
lots) do 3a
lOtsi I.Hdedo (las rfd 6s. .
4UOO I.Ik a M T 6s
loon I-ouIn A Nash 4
loot) Mo Kan A T 4a
3000 Mo tac cv 5s
1112WO N Y C A It (Is ret..,
2000 N Y City 4s 10MI. . ,
4000 N Y City 4Us 1000....
Itioo N Y Rwy adj 5s
K'OOO Nor I'ac prior 4s.. ..
40110 Pacific Tel 6 ,
4100 l'rnna gen ct 4',ls..,
.30i0 Iteadlng gen 4s ... .,
1M.O0 Rep I A 8 6s........
23000 Rock Island rfd 4s...
40000 Rock Island 6s
1000 Suuth Toe cv 4
HOOD rio cv f p Bs 10.14,
3000 do rM 4s
IO110 South Hwy iten 4s,...
.1000 tJ 8 Steel 3j.. ......
r.000 Union l'ac 1st 4s...
14000 do cv 4s
3000 Wabaeh 1st 6s
ijuw west kipc cv ns.
2a.iouo v U & M cv 5s
Total sales $1,625,600. compared with 11,20(1,
uuu iasi tuuurnay; tnis ecK, sii,b.H),ruu
week, S14.531.000.
last
Sales in Philadelphia
Yes. clow,
40 AIMS Chalm ... :t7'i
loo linld Loco 77(4
100 Halt A Ohio
t llrlll J O pref.. ..
1100 Cam Steel 64V4
101
P4',t
08
116 ", .
10O joo
III lilit
mi no on
taiVa o"ti "O'i
n;i. 1 ,1 t i''( 1
1M4J
.,?, I IT1 l'"74
131 (IM' VS-m
III lT '""4
117 "7 07
07 07 7
H !N 88
lrt UIJ4 Ws
101(4 101 loiW
til IHH, UIH
71 7H 70
;to :io 30 .
lttl 102H 1021
li4i m-4 i
PH PS OS
411 J'J ID I
M" -J4 s
07U 7t, 07U 1
IiJ'a l,7H Hi
P2i, ns raVj
03 03 IIS
ItlU lei Itl
4S 47 47
SOU Wi bOJi
miS no ui
Mjs KI.H 4H
ni'i m(t oi(
102 1U-JS Wlr,
Wll't ten H24
00 HO M
loo 100 100
103V!. 103 1U3
WI..U4Ml l"Vt U)i
HlRh. Low. Close.
'17 37 ',4 I17i4
77 77 77
81 81 St
00 00 00
54 6214 62
02 l ( O
27V1 27,i 274
?M $ ss
7$ tSI, m
31i 31 31
, 64?S 64',, 04
04 04 04
M'i :isvi .im.i
24J4 24 24
10(i UV4 O'.'j
7.1 73 73
?5 ?JJ ?J
i 0 3V
C0V4 3)4 03?.
;t',4 3.v,4 .j)i
Kl 83 3
73V4 7014 70
17811 Kleo Stor . .
. . (12 '4
-.'0 trie
27ii
25 (3 en Asphalt .
20 Ina Co N Am..
KK) Lake Sup Corp,
70 I.ehlEh Nav ...
Oil Leh Val Tr prf
DO Penna n It
,11
22J4
7e
WW.
64
8 I'enna Salt Mrg. 04
10 Phlla Co 3SV4
ai l'tina i.icc -i
623 Thlla R T tr cfs Id
110 Readlne: 7.T
110 Tonopah Helm.. 3J
200 Tonocah Mln.... 5y
210 Utah copper
33 Union Trac 33V4
123 Itnlted Qas Imp. S3
880 U 8 Steel 74
Total sales, 13,848 shares, compared
10.682 shares last Saturday; thla week,
013 shares; last week, 174,431 shares.
BONDS.
Last prev.sale. II I it h. Low.
with
12a,-
Close
87J4
57?i
03
07
07
80
7214
S2000 Am fl & HI 6s.. K7H HT'f.
miV4
.VM1 HI A P Tr 4.. 73 74 74
10O00 Intstato Hys 4s. 58 57 67
100OU Key Tel 1st 3s.. 03W 05 05
10000 I'enna gen 4V4s. 07H 07 07V4
1000 do con 4s '48, 87 07 07
1000 Phlln Co en 5s. 80 R0 80
3000 Un Rwys t c 4s. 7JW 73 72V
Total sales,
last Saturday;
1234,489.
$38,600, compared with 4062
this week, $274,538; last week.
Local Bid and Asked
Today's Yesterday's
Bid. Asked. Bid. Asked.
70 80
.104 103W 104H- 10514
. 12(4 13(4 12(5 13h
. 40 40V4 40 411(4
. 6214 33 54 64(,
. 00 UOtt U2 03
. 31 31V4 32 11214
. CS B8U CSV4 (W?,
, 13 14 13J, 14
13(4 Hi 13 14
, G3 Oil C3 (HI
I) (Hi 0 10
72T4 73'4 731, 74
, 70, 71 70 71
, 15 10 15 111
, 80-K 31A 32Vj 33
54 .1-10 54 51 63
, 24 24 '24 '24H
. 38 38V4 38 0
. 34 33 34 33
. 30; 4014 31) 40V4
, 0 ov? wi, 10(5
, O 0V4 10, '0(i
, 72V4 724 7.IH 73Vi
, K" 3 3K 3V4
. 3V4 6I 5(J 5,
. 35 33(5 ''5(4 3U
. R44 S3 K5 K3J4
, 70(2 70 73'4 74
7(? 8V4 7(5 8'
, .11 32 29 30
. 00 00 87 (JO
Baldwin
do pref
Buffalo & Susq t c.
do uret
Cam steel
Electric Storage ....
General Asphalt ....
do pref
Keystone Telephone
do t c
do pref
Lake Superior Corp. .
Lehigh Navigation .
Lehigh Valley
Lehigh Valley. Tr ...
do pref
Pennsylvania
Vhlla Elec
l'hlla Co
do 3 per cent pref. .
do 0 per cent pref. .
Phlla R T
do t c
Reading
Tonopah Belmont ...
Tonopah Mining ....
Union Traction
u a I
U 8 Steel
York Rwy
do preferred
Win Cramp t c
BANK CLEARINGS
Bank clearings today compare with corre
.ponding day u.yy.0 year. im
Philadelphia 23,O07,831 $22,007,008 $23,24H.8S3
lioston .... 22,362.173 17,077,710 23,066.010
RATES FOR MONEY
Call
Philadelphia 3ifJ4
New York 1V42
Boston :,',,,
fhlriwn 314671
Time.
4 4
3(4G4tJ
.lS
Commercial paper, three to six months,
adelphta, 3(404 per cent..
J'hil-
Reserve Banks' Discount Rates
Days
11 to 31 to Ul to tOl to
1 to
10.
,. 3
. 3
,. 4
.10. 00. no u mos,
Philadelphia .
New York . .
Boston
Cleveland ....
Richmond
Atlanta .......
Chicago
St. Louis ..,,,
Minneapolis .,
Kansas City ..
Dallas
San Francisco
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
!'4
tAirlcultural and live stock paper only.
nr.rniint rate for bankers' acceptances
.
minimum 2 per cent., and maximum 4 per cent.
FOREIGN EXCHANGE
NEW YORK, Aur. 21. The foreign exchange
market was easier today with erratic quota
tlons. The tendency was downward, but It
was difficult to secure actual figures. Francs
at 5.00 were a point under Friday's close,
m..iin was about A under last night.
" UL.Tlni. !,.... ,,alu Y (
OtciiiH. -,n.,v. ,.... ns. .,fc.
Ig.
Cables 4.(17
Demand 4.07
6.89
"'"It
81
(1.41
0.43
6.00
GOVERNMENT BONDS
2s of 1030. registered.,.,,..,
2s of 1830 coupon..,..
Panama 2s registered.......
Panama ?s 1038 registered,,
Panama new 3s registered,.
Panama new as coupon
3a of 1U1K registered..
8s of 1018 coupon....,,
4s nf 1023 registered,,.
,
4s ot 103 coupon
COTTON
NEW YORK, Auir. 21. Easier cables
than had been expected and a belief that
clearing; weather would follow the tropl
cal storm in all sections of the belt In
fluenced the cotton market at the open
Injj this morning. The) tqne was easier
with prices four to seven points lower.
Foreign houses appeared to be sellers.
News regarding" the Texas crop was con
flicting, most of It having a benrlsh
tinge.
Un renewed selling late In the day tho
cotton market reacted further,' closing
prices showing losses of C3 to 17 points.
Bdoi was down IS points.
ge. lIOB. lMCIl. J1IB11,
Low. Close.
TamlsrV
9.75
U.tfil 1,. ,U
v.ot u.U)
nlnhar ...... 8,
).B3
0.30
0.67
0.01
10.14
0.20
8.30
0.58
0.18
D.4D
O.SJ
10.03
U.10
U.47
U.S.'
lu. on
iMcemuer ....
March , 9M
May 10.-H
Spot ..,., 0.33
Viii
10,
J.17
COTTON STATISTICS
The statistical position of cotton la as fol
lows' Th w.k.LMt wtrk.Lat year.
Visible supply 4.084.870 4,253,773 3,003,722
OJwblcb A.r, smm W173 imlta
'u'.'tV"''' AW 24081 162,011 XTT.810
DIVIDENDS DECLARED
Oalsna Signal Oil, regular quarterly 3 par
cant on preferred and S per cent, on com-
meet, payable wpwsBeor w v sioca rocorq
ft 5
4(1 5
4(4 6
4(4 &
5 S
4 5
4 6
3V4 (I
Bid.
... 07
... 07
... 1U
... OU
...loovi
...100H
...100
...lootf
...100
...110
1 r
BBBBBBBBBBBr.iu2.
sIbIbIbIbIbIbIbVbIbIHL.. bH
HxVh m '
KlIHli
Photo byEvans.
WILLIAM H. T. HUHN
Of tho Arm of George A. Huhn
& Sons, who is spendinp; tho
summer nt Spring Lake, N. J.
SLUMP IN STEEL
HITS LOCAL STOCKS
Sharp Declines in Storage Bat
tery, Cambria, Lake Superior,
Baldwin and Rapid Transit
Trnrllnp; In United States Steel over
shadowed nil else on tho 1'hllndclphla
Stock Exchnnge during the two hours It
remained open for business this morn
ing. Selling came from several sources
and much of the supply was said to be
for New York account, Cambria Steel
reacted n point or more In sympathy, but
offerings here were not large. Despite
the weakness of these Issues news from
the trade was of n most favorable char
acter. A steady Increase In export de
mand for both Iron nnd steel Is reported,
which assures continued activity for
some time to come. The mills are oper
ating practically at capacity.
The whole local market was more or
less unsettled by the drop in Steel shares.
Electric Storage Battery and Lehigh
Valley Transit preferred fell back sharp
ly, while Lake Superior and Baldwin
Locomotive were nlso reactionary. Even
Rapid Transit suffered a point setback,
but Pennsylvania held relatively steady.
It was stated today that as a result of
negotiations with France, ICuhn, Loeb
& Co. will not only finance the purchase
nnd exchange for dollar bonds of about
$27,000,000 face value, of Pennsylvania
Company franc bonds, now underlying
the Morgan-Rothschilds loan, but that
steps have been also taken to convert all
of the 250,000,000 franc Issue into dollar
bonds. This will be of distinct benefit
to the foreign exchange situation, not
only because it makes available to tho
French banks tho equity In tho loan, but
also because by permanently transfer
ling these bonds to the United States a
loan maturing next July Is paid off now.
In addition to the Pennsylvania issuo
it Is believed that negotiations are
actively going on whereby tho Now
Haven and the St. Paul bonds sold in
France may be paid off through issu
ance of new bonds in dollars.
That trade conditions are rapidly Im
proving can not only be deduced from
the heavy expansion In bank clearings,
but assume a concrete form through or
ders for equipment placed, or about to
be placed, by the railroads. The Beading
Company, for instance, has ordered 8000
tons of rails from the Pennsylvania
Steel Company and 2000 from the Bethle
hem Steel Company. The Pennsylvania
Railroad is in the market for 100 under
names for caboose cars. The New York
Central has ordered 500 50-ton automobile
cars, whilo other Important concerns, like
the Atlantic Coast Line, Wells, Fargo
& Co., the Southern Railway, the West
ern Paclllc and many more have ordered
large quantities of rails, cars, steel for
bridges, etc, This is real expansion, and
not duo to special circumstances, as are
the war orders, and therefore Is all the
more encouraging to those who have been
predicting a general return of prosperity
to the country at large.
Financial Briefs
The Now York banks gained UW.OOO
through Sub-treasury operations Friday.
Discussing business conditions, Brad
street's Review says: "Trade continues
to broaden. Industry to quicken and op
timism to spread, without, however, di
minishing conservatism of allowing sight
to be lost of the unsettled aspect of in
ternational political matters."
The Wells Fargo Express Company has
ordoied 35 refrigerator cars from the
Pullman Company.
The gross earnings of 36 railroads, In
the llrst week of August, wure Jll.COl.Ools
decrease, jaOtl.Jn.
The London Stock Exchange was closed
today.
The treasury has purchased 250,000
ounces of silver at 48 cents per ounce, and
200,000 ounces at 47 cents, both batches
deliverable at the Philadelphia mint.
nobert O. Wilson, assistant secretary
of Tonopah Belmont, is In the Poconos.
Oold bars to the amount of $300,000 were
withdrawn from the New York Assay
Omco for shipment to Philadelphia for
Cuban coinage purposes.
Commercial failures this week In the
United States are 354, against 321 last
week, and 346 last year. Of failures 109
were In tho East, 118 South. 84 West and
43 In the Paclllo States, and 121 reported
liabilities of $5000 or more against 117 last
week.
BUSINESS DEPRESSION OVER
Tremendous Increase in Bank Clear
ings Marks End
WASHINGTON. Aug. 2L-That the last
week's billion-dollar increase n bank
clearings oyer the same week In 1914
marks the disappearance of the last
vestige of American business depression
due to the war, was the opinion expressed
by Treasury. Commerce and -Labor De
partment officials this afternoon, Bank
clearings, they agreed, are the thermome
ter ot national commercial optimum and
pessimism.
Salesmen Win From Railroads
WA31UNOTON. Aug. 21 -Tns traveling
salesmen of the country tttOay won a big
lctory over the railroads. The Interstate
Coiumerc Commission handed down Its de
cision In the fight that has been waged for
the last month over whether or not the rail
roads, must accept a baggage sample trunks
from which salesmen wld snd gate away
samples. The railroad bad protested Ibey
should not da so. but the oommtsolen rulsd
In favor of ths salesmen. T&e order forcing
tat railroad to accept sample trunks a oral.
JsJJT (kHMSeT Umtw eXactly QotntMr U,
Local Half-hourly Sales
10 to 10:30 A.M.
.20 Tenn MS 10 U 8 Rteel.... 78H
lull V It T t C... 104 75 U O I ....... M
100 nalt A Ohio,, Rl 2.1 U S Steel.... 78
20 Allla Chalm.. 87V, 400 do 78
20 do.,.,..... 87H 100 do 78
1 Hrlll J o pfd. PO 10 do..,, 78
1 I'enna .,..,,,.r4H loo Cambria Steel M
8 do ,,,'M 8.1 do.,.,..,.. 04
0 . do ..... MS 60 rto. ........ B4
.10 U 8 Steel..., 78H 200 U B Steel.,., 73
100 rio 78l, 800 do., 78
100 P It T t e... 10H 200 do 78
GO IT a I g gn do., 78
10 lh Vl Tr pf 8l4 2O0 do 78.
f.0 Klee Storage, (12 1M do 72J4
2 do,, rs 100 Utah Copper. H
200 V 8 Steel.... 78 8 Cambria Steel M
HO do 78 10 Union Trac... 8.114
llONDS.
.TOOO Penna gen 4H 07U
2000 United ltwye t c 4 78
irix, rrnna gen is ";
l'hlla Co cons 6s
tW.
10:30 to 11 A. M.
00 U S Steel.... 72V, 100 U 8 Steel.... 74
J" Jo 72100 do J
100 do T2S fiO do 71S
10 rin.
I'Jlt IIUI Al 12
80 . do.
rid in El.c storage. !14
1R Lehigh ;
on Heading
M) do. .
rav.. ib 200 cumnria nice) j.
78 200 U 8 Steel
78 100 do )ik
M V 8 Steel..
el.... 72S
...... 722
10 i'enna ";-
."" . ao
M I.ehlgh Nav.. 78. 10 do , U ,
Vn Vlrtm YI? , ft u ttla.1 T1K
20 i:n
27U
72t
2SO U 8 Steel
4.1 Union Trac... 81U,
r.0 U 8 Steel..,, 71H
on do 71
10
TO
do.
do...
do...
do...
do...
do...
do...
do...
do...
do,,,
do...
do...
do.,,
do...
do...
do...
do...
do...
100
80
23
10
20
200
100
M
100
100
23
100
23
100
100
I?V4
100 do IJJ4
200 U 8 Steel.... 71t
72
72
72
10 do (;
in Phlln Co .... 8HU
72(4 100 U 8 Steel.... 71J4
7114 W) do 71K
72 m Cambria Steel M 7
72 100 do M'i
71'4 100 Ilaldwln 77
71 2 I'enna Mf4
714, 100 U H Steel.... 71
71( 800 do 71.
71 U no r.mhri. Rtrl n8V4
ml
M do.
K3S5
:: 5
50 do
2 Thlla Elec .,
2 Elec Storage,
45 do
M Tonopah Mln.
.((
'4
100
do.
s
4
100 Tonopah Hel.
as
n ..
23 I.phlffh Va... ?mi
100 Cambria Steel r.34
11 to 11:30 A. M.
100 U 8 Steel.... 71tk
30 do 71H
70 Elec Storage.
OOH
7,2
71
70T1
71
70
71'i
10
71
71
8$
aiS
r.7;
ns
8754
10 u 8 steel....
10 do 71U 100
do
do
do
do
do
100 do 7HI 100
ino do 71
M) Elec Storage. 005
10 Cambria steel r,3'4
20 Ina Co N A. 221.
100
33
10
R
do.
83 U 8 Steel.... 71S 100 P It T t C,
100 Utah Copper, (a), rt U 8 Steel....
10 Cambria Steel 5.3 100 do
100 U 8 Steel.... 71 S BO Tonopah Mln.
80 do.... 71LJ no do
10 Tenna 64 3-10 23 Den Asphalt.
IlONDS.
10000 Interstate Itwys 4s
10000 Keystone Telephone Cs
2000 Amer Qas & Electric Ca
11:30 A. M. to 12 M.
100 U 8 Stoel.... 71
200 do 71
100 do 71
II) Elec Storage. 00 1;
100 U 8 Steel 7U,
BO Phlla Elec .
10 Utah Copper,
10 U H Steel....
20 do ,
10 do ,
24
03
71!i
71
71
70
20 do 71
100 do
10 Penna.
B4 r.-lll 100 Cambria Steel BS
10 Eire Storage.
r. do b:
in i- it t t c. ..
10 do
100 Elec Storage.
BO do
23 do
10 U 8 Steel....
100 do
4 BO Cambria Steel B3
4 10 U 8 Steel.... 10
1000 Elec Storage. 110
20 Penna B4 B-10
150 U 8 8teel.... 70J4
B Elec Storage. 00
100 Cambria Steel B2'4
no Tonopan .Mln.
mail
Val
30 U
8 Steel.
70Ti
BO I.eh
Tr pf St
10
10
100
BO
200
BO
300
20
do.
70-
100 U S Steel.
do.
do.
TO Pi'
Y1
100 do
100 Elec Storage.
10 do
70 do
100 Phlla Elec ..
100 do
10 U H Steel....
:::: ?0f
l4l
do.,
do.,
do.,
do.,
do..
nil
70
70S
8
Penna
Salt..
m
100 Lake Sup Cor
10 Cambria Steel B2.
Ill Tnnnnah Itpl. 3t.
30 Leh Val Tr pf 31 10 Tonopah
IJONDS.
COO Electric & People's Tr 4s
1000 I'enna cons 4s 1048
1000 United Rwys t c
74
1I7U
. 72V4
NEW YORK COFFEE MARKET
NEW YOltK. Aug. 21.-Steadtness charac
teilzed trading on the Coffee Exchange at the
spirt todu). Declines of 2 to 10 points wera
noted at tho clo. lrlces follow:
Today's Today's Yesterday's
opening,
close.
Aiuruet
0.28SU.20
0.281(0.20
H.32H6..T1
0.3WT0.37
n.40iin.4t
September .... U.33
October t.43
No ember ....B.BO
December .... U.4H
January
0.3330.87 0.45aa.40
l.4(Xi(LBO
Keoruaty
March fl.6ieC.C3
iuv .'.".".','.'.'. 6.'f6ga73
June
July
Offered
Total sales. 11, BOO bags.
6.. VI -,(!.. V,
fl.50fl0.38
BOMO.fU
O.flOSfO.dS
6.7080.72
Boston & Maine Note Extension
Holders ot notes ot the Boston and Maine
Railroad Company, due September 2, 1015, aie
asked In official announcement by the boara
of directors to agree to an extension of the
notes until March 2. 181U, on the following
terms: . . .
Any holder of notes may extend the amount
due there until March 2, 1910, with Interest
discounted at the rate of 0 per cent, per
annum; or. any holder of notes may extend H'J
per cent, ot the amount due thereon on thd
terms stated above, and may receive In ex
change for the remaining 20 per cent., 3 per
cent, gold notes of Maine Railways Compa
nies, due April 1, 101D. at par flat with Octo
ber 1, 1015. coupon attached, of whtch one
half will be notes convertible at the option
or tho holder, par for par, Into Maine Central
Railroad Company capital stock until October
1, 1U18, and tho remaining half will be non
convertible. FOREIGN TRADE CHANCES
The following list o opportunities or Amtr
tcan manufacturtrt in the tortlgn trade Is
pluen bv the Bureau of Foreian and Domeetlo
Commerce, Department of Commerce, and ad
dltlonal information map bs had op corre
spondence, pltilnp Ihe Ale numoer:
Vo 17053, pine wood An Amertcsn consular
oMcer In the Netnerlrnds reports that a busl
nebs man in that country wishes to buy Oregon
Dine and pitch pine, on his own account or act
hs agent. If he buys on his own account, tie
will nay by three months' draft. Correspon
dence may be In English. References are
given.
No 17U54, hardware, etc. A firm In England
writes an American consular officer that It Is
desirous of being placed In communication
with Ameilcan manufacturers and exporter
of hardware; also enameled goods and glads
of Ml kinds. The firm desires to act as an
agent.
No. 17033, wheat An association In Argentina
Informs an American consular officer that It
desires to secure samples and prlcea of wheat
suitable for mucaronl. Samples of the grain
desired may be examined at the bureau or Its
branch offices. (Refer to file io. 01100.) Large
quantities are desired.
tfo. 17037. chemicals, patent medicines, etc.
An Importing company In the Netherlsnds In
forms an American consular offlcer that It
deslies to purchase chemicals, patent medicines,
fancy goods, etc. The firm will consider an
agency proposition. Credit terms ot 30 das.
with a S per cent, discount, or three mouths
net nrv desired. Correspondence may be In
English.
No. 1703d, pencil, erasers, etc. An Amer
ican consular officer In france writes that
firm In his district desires to communicate
with American manufacturers of pencils,
erasers, paper dins and adhesive paper for
use by photographers.
No. 17038, air-cooling plant A merchant In
Uraill tnrorms an American consular otneer
that he Is desirous ot receiving catalogue
from American manufacturers of air-cooling
plants. Order will be placed through a
Now York city purchasing agent If price
are satisfactory.
No. 17031), sgrloul'ural machinery An Amer
ican consular officer in England reports that
a business man In his district desire to re
ceive catalogues and full Information relative
to agricultural machinery, etc. Price should
be mnde c. I. f. IMraeua, Oreec. Reference
arc given.
No. 171)00. druggists and apothocsrtes' sup
plies An Importing oompany In the Nether
lands writes an American consular officer that
' wishes to repreaont American manufacturer
and exporter of tooth brushes, combs, per
fumes, so is. and other druggists' and apothe
caries' supplies. I'syment will be made
agalrst shipping document accepted In one
and three months' time
No. 170(11, piano and furniture An 'Amer.
lean consular offlcer In Drasll report that a
Arm of timber dealers In his district desire
to establish commercial relations with Amer
ican manufacturer of pianos and furnitures
Nru 170C2. wearing apparel An American
consular offlcer in England report that a firm
In hi rflJtrlcr, desire to represent American
manufacturer and exporter of gray shirtings,
shrellnm. etc, sultabls for the Red Sea ports,
Atylnla and East African coast. Reference
1 given
No. 17003. wine and liquor An American
consular ofneer In Spain write that a busi
ness nun In hla district deelre to secure the
service-) of an agent In the United Butts lor
selling brandle snd liquor.
No. 170(14, electrical and optical goods A
nit reliant in to Netherlands Inform an Amer.
lean lonsular officer that he desire to pur
chase electrical and optical good, electrio
pocket lamps, eta. A credit term of three
Smiths, or 30 day with Z vpr cent, discount.
I fltalred.
Cru4l Oil Advance
INDEPENDENCK Kan.. Aug. tl. Th
I'ralrte Oil a4 Q Company twuy advanced
Usprkw ft cn 4I W a V to It CMS) Vt
close
0.38 JJ 0.40
R.37jU38
0.41&S.42
0.41O0.43
6.408 U.48
8.57Q0.B8
6.8lSe.(12
n.oosjnn
0.70fl6.71
a7460.73
0.780 0.82
PHILADELPHIA
MARKETS
GRAIN AND FLOUR
WHEAT. Receipts, 108,000 bush. The market
ruled weak and 2c. lower under bearish spec
ulation In the West. Quotations: Car lots, in
export elevator No. 2 red, new, spot and Au
gust, 11.1201.14; No. 2 red Western, new,
SI. 131. 17, No 2 Southern red. new. tl.iov
1.12; steamer No. 2 red, new, (1.0801. 10; No.
8 red, new, tl.Offll.lO, rejected A, new, 81.04
41. OM; rejected II, new, PSc.trll.
ConN.-ltecelpts, 10,209 bush. The market
waa quiet, but steady under small supplies.
Quotation. Car lots for locl trade, a to lo
cation No, 2 yellow, sagooc; steamer yellow,
8SMi!. ." I yellow, 8MI87C
Oats. Receipts, 42.R00 bush. Old No. It
white wero scarce and firm at 08c. per bush.
New oat are Irregular In quality, none being
good enough to grade No. 2. No. 3 whites aro
quoted at 333ec., snd sample oata at BotfMc.
per bushel.
FLOUIL-Recelpts. 823 bbls. and t.37,710 lbs.
In sa:ks. There wb little demand from any
source and i slues were only nominal, quota
tlnno per 11)0 lbs. In wood Winter, clear, new,
(4 7.1AS; do., straight, new, 131(3.23; do., pat
ent, t.ew, t5.23ff,1.S0; Kansas, clear, new. Jute
sacks, f.V!I3.23; do., straight, new. Jute sack.
13 2.VUB.BO do., patent, now, Jute sacks, I3.BOU
3.73: spring, nrst, cler, old, I0.23OO.S0; do.,
straight, old, $r,.30Cfl.7S; do., patent, old, $8.73
7 do., fatorlte brands, old. 87.15a7.30: city
mills, cnoice and rar.cy patent. n.iou ';
city mills, regular grades Winter, clear, new,
l.7.".fl3; do., straight, new, $53.23; do., pat
ent, new, t3.riaS.M).
RYE FLOUR sold slowly, but ruled steady
under small supplies. Quotations: New l'enn
nlanln, In wood, at ft. 734(3; now Western
nominal at 1363.50, In sacks.
PROVISIONS
The market was quiet and without Important
change. Quotations. City beef. In sets, smoked
nnd Htr-drled, 25tf2fic.: Western beef. In set.
smoked, 23Ji2ilc; city beef, knuckles nd ten
ders, smoked and alr-drled, 27B28c; Western
beef, knuckles and tenders, smoked, 27it28c;
beef hams, I3U132; pork, family, I2222.B0;
hams, 8. P. cured, loose, 13f.(14c. : do.,
skinned, loose, 13ttfl34c: do., do., smoked,
lSM14(4c. . other hams, smoked, city curtC.
as to brand and average. 14V4tfiSHc.; hams,
smoked. Western cured, 144fpl3V4c: do.,
boiled, boneless, 23H2tc; ptcnlc shoulders. S.
P. cured, loose. HQimc.; do., smoked. 11(1
lite; bellies. In pickle, according to average.
loose. 12I4.W1KC hrenkfsnt bnenn. ss to brand
nnd aerage, city cured, 17irl8c: breakfast
bacon. Western cured. 17018c.; lard. Western,
reflned, tierces, OHgOc; do. do. do., tubs,
l,'4i0c.: lard, pure city, kettle rendered. In
tierces. uy4fi0ic; iard. pure city, kettle ren
dered. In tub. 0l480);c
REFINED SUGARS
There was little trading and the market waa
unchanged, We quote refiners' list prices:
Standard granulated, 3.7&c.j extra fine gran
ulated, 3,0c.; powdered, B.80e. : contectlonera
a. 3.00c.; soft grades, 4.8383.45c.
DAIRY PRODUCTS
IIUTTER. The wholesale market was quiet
os usual on tho last day of tho week and
there was no Important change In the general
xltuatlon. Following are tho quotations: West
ern solid-packed creamery, fancy special, 2sHc;
extras, 2tl"4o.; extra drats, 25U02ec.; firsts,
24iit23c; seconds, 22f23c; nearby prints, fancy,
;i0c; do., average extras, 28t2Dc; do., firsts,
25'a20c.: do., seconds. 22J2.1c.; Jobbing sales
of fancy prints, 34(f.17c.
EQQS. Offerings of strictly fin fresh eggs
were light and tne market ruled Arm witn
demand fair, Following are the quotations:
In free cases, nearby extras, 204i27c. per dol. :
firsts. Jll.lKKnO.liO per standard case; nearby
current receipts. (AtiO.no per case; Western
sxtra firsts. (0.005(7.20 per case; firsts. (.."l0fl
(1 00 per case; rancy selected candled eggs
were lobbing at 2i)4i20c. per dot.
CHEESE sold slowly with ample offerings
at the late decline. Quotations: New York,
full cream, new, l.'lW&l'lHc : do., do., fair to
good, new, 12H13c; do., part skims, 0812c.
POULTRY
I-IVE. Offerings were moderate and the
market ruled steady, but there was little trad
ing. Quotations: Fowls, as to quality, Ulif
lUVjC; rooster. Ilfl2c; broiling chickens,
fancy, not leghorns, weighing 2 lbs. and over
apiece, ll)B20c.: do., not leghorns, weighing
1W1H bi. apiece, 10B18c; do., leghorns,
weighing 2 lbs. nnd over apiece. 10l7c: do.,
leghorns, weighing HUH lbs. apiece. 14013c.;
ducks, l'rkln, old, 13314c; do., Indian Runner,
old, 12ji:ic. ; do., young, according to alxe,
130100.; pigeons, old per pair. ISa'-'Oc.; do.,
young, per pair. 17lSc.
UliKSSKO. Supplies ot desirable stock were
well cleaned up and values were firmly neld.
Quotations: Fresh-killed poultry, fowls, 12 to
box. dry-picked and dry-packed, fancy se
lected lllc. : weighing 4V4&S lbs. apiece. I8'4c:
weighing 3K4 lbs. apiece. 18V4c; weighing 3
lbs. apiece, 114)17Vic. ; under 3 lbs. apiece,
141401BHC; tee-packed Western, 4V4 lbs. and
over apiece, i7Hc; do., smaller sizes, 15017c;
old roosters, dry -picked, 13c: broiling chickens.
Jersey, fancy. 21j)20c. : other nearby fancy,
22624c; lancy large yellow, Illinois, welgn
lng 2U,-1 lbs. apiece. 20021c; Western, weigh
ing lVAli lbs. apiece, 18010c; do., weighing '
tjlVi lbs. apiece, 10017c: spring ducks, 18
017c: sauabs. white, weighing 11012 lbs. per
doz.. (3.1HI04.GO; white, weighing UB10 lbs. per
doz., f;i.:xjy4.uo; wnne, welgning vow ids.
doz., (.10X30: white, weighing 8 lbs.,
doz. (2.3302.03; do., 7 lbs. per doz., (2.1
2.20 do., (Jfc(lV4 lbs. per doz.. tU0I.W; da
ici
1UU
-u; uu.i ui;uto lua. JJCr uu,, vvw.v-', u.n.
(1.3001.(13; small and No. Z, (1.
FRESH FRUITS
The market was quiet and without im
portant change. Offerings were fairly liberal.
Quotations: Apples, per bbl. Oravensteln. (2.2S
02.50: Wealthy. (2.2502.50; Duchess, (2.25V
2.50. Summer Rambo, (2.2S02.BO: other varie
ties, (1.BO02. Peaches. Georgia, llello ot
leotgla, per crate, t)Oc.0(l.lO; do.. Georgia.
Elbtrta, per crate, 00c.C41.10. ' Peaches, Dela
ware and Maryland, Dcllea and Elbcrtas, per
basket. 16030c Peaches. Jersey, per basket.
10070c, do., Arkansas, per bush, basket. (10
1.13. Pears, la Conte. per bbl.. (2.3003 50;
do., DartUtt. per bbl.. (204. Grape. North
Carolina nnd Delaware, per 8-basket canter,
(1.BO02. Grapes, Delaware. Moore' Early and
Concord, per carrier, 50803c. ; do., per 4-lb.
basket. 80Pc. Lemons, per box. (303.50;
Oranges, llorlda, per box. (400. Pineapples,
per crate 1'orto Rico, (1.5002.73; Florida. (1.B0
02.73. Plums. New York, per 20.1b. basket.
40030c Rlackbcrrles, Delaware, Maryland and
Jersey, per quart, 57c Huckleberries, per
tuart. Cg 8c. Cantaloupes. Maryland, per
standard crate, BOc.0(l: do.. North Carolina,
per standard crate, 50073c; do., do., per flat
cmte, 23040c; do., Jersey, per basket, 409
GSc Watermelons, per car. (1500200.
VEGETABLES
The general market was quiet and barely
steady, with fairly liberal supplies. Quota
tions: White potatoes, Virginia, per bbl. No.
1, (101.23; do.. No. 2. 50073c; white potatoes.
jersey, per uhbhvi po. i nose, &w.izc; oo,
ao. i otner varieties.
:3c: do.. No. 2. 10013c:
sweet potatoes. North Carolina, per bbl, No.
1. (.13.125; do.. No. 2, (1.2301.73; do., culls,
73c,0(l; sweet potatoes, Jersey, per basket
No. 1, 730.0(1: do., .No. 2, 50000c: onion,
Jersey, per S-bush. basket, 15020c; do.. East
ern Shore, per hamper, 30040c; corn, Jersoy,
Per basket, 20030c; tomatoes, Jersey, per
basket No. 1 early, 5015c; do.. No. 1 second
early. 13030c; mushrooms, per 4-lb. basket,
BOctjJl.
NOTES OF THE RAIL
The Tlroadway Limited, tho 20-hour
train of the Pennsylvania Railroad, run
ning; dally between New York and Chi
cago, 90S miles, arrived in Chicago on time
on li2 per cent, of Its trips during the
first six months of 1915, and was more
than two minutes late only on 15 out of
the 181 days, Tho eastbound train waa on
time 163 days; and on time or not over
C minutes late over 90 per cent, of Its
trips. Throughout the month of June It
arrived In New York on time every day.
The Canadian Pacific expects to carry
15,000 harvest workers to the northwest
provinces between August 19 and August
23, Reduced fares are provided and pe-
clal trains will be run where necessary.
It Is reported that the French Govern
ment Is negotiating for the purchase of
6,000,000 white oak ties for railroad build
ing in France.
The Beaboard Air Line Is to spend (500,
000 to enlarge Its shops, and thus to
double the number of mechanics now em
ployed. The Atlantic Coast Line has placed or
ders for 10 locomotives and 750 freight
cars.
The Fenniylvanta Ra'lroad has been
directed by the Interstate Commerce
Commission to establish through routes
ana joint rates netween Trunk Line terri
tory and Duluth to points west In con
nection with the Port Huron and Duluth
Steamship Company.
BAR SILVER
NEW TORK, Aug. 21. The prlc of com
mercial bar silver declined 44 to 47K cent
today.
UMAX. ADVERTISEMENTS
K3S ESTATE OF JOHN B. KAMAUk
& deceased I alters testamentary on the
above estate having been granted to ths
undersigned- all persons Indebted to the said
stat are, requested to maks payment, aaii
those having claims to iireMnt the ssrae.
without delay, to JOHN I, MCCARTHY. .
tcutor. or to hi attorney,
JAMK8 P. LAFFERTT,
11H ChtrtBut -A.
fUKkVCTOKY or ACCOUMTAN
lwMi Aecwmi))
M. H. UKHOUAN
U
a,
YORK BANKS
GRAINS FELL SHARPLY;
FOREIGN DEMAND LIGHT
New Low Levels Reached for
Season Movements From
Country Continue Light
CHICAGO, Aug. 21. Weakness In out
side markets waa reflected on the local
grain market, and following; fair opening
prices, a general decline set In, new low
levels being reached In several Instances.
Prices fell off between He and 1H& In
the early hours.
Country movement continues light. In
creased movement means further di
cllncs. Trading was generally active.
Millers wero said to bo nbsorblng on the
break. The foreign demand remains
almost stagnant.
September wheat opened at (1.044.. 4c.
Higher than the price obtained at tho
closing sale yesterday. It dropped quick
ly, nnd before noon was selling at l,(Ch
There was a sllrjht rally.
December wheat sold freely with the
undertone extremely nervoue. An hour
?.fi,er, U .had opened at $1.03 It sold at
J1.0IV4. It closed yesterday at Jl.02.
Prices fcU further late In tho day, and
the closing found them off over 1H cenU
to nearly 2H, the largest decline being In
May.
Wet weather was expected as a saving
factor to grain in generallbut December,
after opening nt UOSH. Sagged to (LOSH
before noon. The closing price of yester
day equaled the opening price today.
DeaPltO tho fact thnt rnrn alinrta w,M
busy covering. It follnwprl h,gi', i.nri
In selling off, after opening about yester.
uuv a closing quotations.
Oats were the firmest of grains. Prices
compared favorably with yesterday's
closing, and the lluctuatlona were ex
ceedingly limited. A good domestic de
mand is said to exist.
Export sales totaled 3W.CO0 bushels,
said to be fcr the Belgian Relief Com
mission. Chicago cash houses reported
sales of 1TiO,800 bushels of wheat and 30.000
bushels of oats for seaboard delivery.
Light world's shipments offset the
weakness In the American market and at
Liverpool the undertone was strong. Spot
nnd cargoes were steady and unchanged.
Leading futures ranged aa follows;
Wheat Open. High. Low.
Test'd's
Close, close.
or)jieniuer .. j.uv
December .. L02
J4 1.04J4 1.02J4 1.0254 1.04H
: 1.02G 1.00U l.oog 1.02S
1.00S 1.04g 1.04Hn.OOJ4
May LOO-
( orn (new delivery)
13.07 13.07 13.75
13.77' 13.8U 113-00
PUBLIC UTILITIES
Reorganization of the Kansas City
Railway and Light Company under the
plan of July 30 last will be managed by
Kuhn, Loeb & Co., Lee HIgglnson & Co.
and Blair & Co. Holders of bonds and
notes of the various corporations com
prised In the system to become parties
to the plan must deposit their securities
with designated depositaries by October L
Authority has been granted the Central
Hudson Gas and Electric Company by
the Public Service Commission to issue
$500,000 10-year 6 per cent, bonds, which
may be converted into common stock on
and after October 1, 1918. An issue of
stock was also approved to meet the
conversion. Out of the proceeds derived
(58,000 will be used for extensions In
Poughkeepsle, $175,000 for Improvements
at the generating station, $20,000 on th
electric distributing system and $20,000
for improvements at Newburgh. The re
mainder is to be expended for Improve
ments In other districts.
The Cities Service Company and its
subsidiaries for the year ended July 31,
1915, broke all previous records in earn
ings. Combined gross earnings of the
subsidiary companies for the first time
exceeded the $20,000,000 mark, being $20.
255,533. For the year ended July 31 gross
earnings of the Cities Service proper were
$1,003,722, a gain of $159,985 over the pre
ceding year, with net of $3,850,143, an In
crease of $403,675. The balance after In
terest charges was $3,360,143, a gain of
$231,606 and equivalent to 2.11 times the
requirements for the preferred dividends.
After allowing $1,593,996 for preferred divi
dends, there was left a surplus of $1,766,
147 for the common stock, a gain of $62,
795, and equivalent to 11.81 per cent, on
the outstanding stock, as compared with
11.73 per cent, for the preceding year.
The Virginia Railway and Power Com
pany, which has been showing a falling
off In gross Income In recent months,
was able to report larger returns both In
gross and net for July, although surplus
earnings made a small contraction. Gross
operating revenues for the month were
$448,858, an Increase of $5041 oyer the
same month last year, and the total net
income, including miscellaneous revenues,
amounted to $241,387, a gain of $3693. Ex
penditures for Interest requirements,
taxes and sinking funds, etc., were $143,-
375, or $6976 more than waa paid out In
1911, and the surplus after depreciation
was $89,979, compared with $93,262 In the
preceding year.
RAILROAD EARNINGS
CHICAGO AND ALTON.
101B. Decrease.
First week August .,,,, t2t)A,2f)3
From July 1 1,46,481
H.OOH
Btt.143
CANADIAN NORTHERN.
fle:ond week August .,. $240,000
From July 1 1.713,000
CHICAGO OREAT WESTERN.
Second week August , .. $288,304
From July 1 ,.. 1.040,334
$70, MO
W.t.200
$3,224
618
KANSAS C1TT SOUTHERN. f
Decrease.
June gross (831.3M $113,810
Net iKU.TUZ 10.5TS
LOUISVILLE AND NASHVILLE.
Second week August. . ll.Offl.aOO $11,030
From July 1 .. ., ... 1,M1,& 430,049
Increase.
HEARS iOWN
aH
nV AI WU'WaN HB4V. vmrT
r ffeMTti MMOf)--H- d Wssfi
Isiliil'n-, uj IIiiu.l.. flat)
201 $mik Z irmi I
"--wwiHpssstssss Tali 1 1 ii ii isii
ctcinemper " TOW 74i 74Ts 7S'i
December .. tu 04C m trail c.itZ
Oats-" "" m W 'M" M
September .. 30T4 .10 3Si 38'4 S954
December .. 3sg 3sg 37jJ t37 $
MJJr(j " 4l H t40 f4l
September .. 8.12 s.lo 8.05
October .... 8.20 8.20 8.17 8.20 8.15
Jamiaiy .... 8.72 8.75 8.72 8.75 8.70
Ribs
September .. 8.72 8.72 8.70 8.72 8.07
October .... 8.82 8.82 8.80 8.80 8.80
Pork-
September ..13.77 13.77
October .... 13.00 13.00
Hid. tAsked.
m You can be absolutely Im1! 1
B certain you'H get your Utm B
l bcr from it the dr V
I premise It, Yeu sMutk m
Edward F. HeMM ft (a. h
4 Structural iimsr and TtmVtr I
I VnM Ci Wsrisi. JhlU, Q