4 A
,. ' -I- , . . .. ' ' ' . .' ' ....- i i. , ; - ! ! i ' . i "i .'naf . ij-qfpMylJ
URPLUS AND LOANS OF PHILADELPHIA BANKS SHOWED EXPANSION IN THE LAST WEEK
EVENING LEDGER PHtLADELTHIA; MONDAY. 'AUGUST 33, 1915r
Ir
IKS RALLIED LATE
IN DAY AFTER LOSS
reW York Air Brake Gained
KNcarly Seven Points Cop
per Shares Strong
L !
.r -vnttK. Aur. S3. While there wna
R.irlrnble amount of Irregularity at
1 start of trading on the Btock Ex
ijklnBe today, the tono wan distinctly
wiur and some Issues, largely the "more
.-. .nfta rrtniln frnftrl trftlna Ihn
jZofovemcnt belni? due to a rumor that
'MrMany had npologlxcd for tho alnkln?
f the Arabic, resulting In a hurried cov
rlne by shorts. Following denials from
-Y.-i.inctnn that Germany had npolo-
P-L.& there as renewed selling all along
e ., .iu.l.a annn tlfTAt'ltltr Inasna et
!m 2 to 7 points, with tho war special
sthe heaviest losers.
On the early uplift prices were sent up
in- IL IrnCMUU LU ft, M1IV4 U LfUIIUO, Ilia
'rinclnnt gains being In a few of the wnr
.L.Z -.nll1 HfM.it. New Ynrlr Alp
graka'and Studebaker, In particular. -
H Was inTUriluiy Wiiiiiiviiicu uii uv uiu
.vinn'ne of business that liquidation
Vi not as large as It has been In the
tot few aays, many in mo wean epoin
evidently having been cleaned out. Here
ad there some commission house selling
ins evident.
i General Motors and Studebaker were
two" of the weakest Issues around midday,
the former showing a loss of sevcit points
and the latter a trifle moro from the
ittrly high. WcstlnRhouse was down over
feor points, .una maimers me same, ana
ftv.n wrrs nnv number of shares which
'.ere down around a point.. Throughout
tM morning mere was nouceaoie
ttrength In Chicago, Rock Island and
Pacific, that Issue at one time being up
over V4 points, but later fell off some
whit There was no news to account for
tt? strength, other than talk that allied
banking houses would undertake tho ro
MfHlzatlon of the property.
Trading was not as active In the after-
aoon session, inc lono 01 mo marKei
u very much better and prices moved
'up a little from the low, with some Issues
becoming strong. Among mese issues
were Southern I'acinc. American coal
Products and ono or two of tho copper
troup. The reason for the strength In
Southern Pacific was the July earnings'
statement, which showed an Increase In
cross ot $1,330,284, and an expansion In net
of MlU,:b vil wie wnuie mere nun .uoiu
irregWarlty In the afternoon than In the
morning. During the latter part of the
test hour orders were put out in con-
tideral)le volume and recoveries were in
order throughout tho list. The coppers
Veie notably strong, especially Tenncs-
'jte, which moved up 3V4. New York Air
Brake was the strongest, being up nearly
.t points at one time. ,
New York Stock Sales
con
68
llHJ
04K
32
30).
01
64
S7K
Mil
32!,
00
w
CO
60M
tnv in i
oi rr
1G2H M7M 1(2
last rlose, ItlKTi. Low. Close.
Am "" Mf Df- 0X 00
Am ?, nenl 55 54
Am Can pf 105
CauFomltr.... 01
Am Coil Products 143
ni uui uu 43? 40
:" Leather. .. 7 7
Am Ice Securities 23 23
Ami'!"5001! !' J8H
Am Uansl pf 35 3514
Am l.icmotlra j-n 4 60 .
Am Locomotlro pf . .. . 88 Q3J
nun re'HJ .. 7715 73
Am steel Koii.ijr.0
Am Mimr lte. pt. .
Am Tel Tc
Am Woolen ,
Am Woolen di ....
Anaconda Copper .
BUHL AND BALDWIN
SUFFER SETBACK
4Mt
Mi
22!.
;
4
t-ou
70'4
4U
0'J
13
175.
?5-.
4 i
03M
,!!
100! 10'H 10 1H 10 JH
40!i 61M 47 01
107 10S 107!f 107K
12U. 122 122 122
UUi 31H :mu
tO'i 89U 89! i
0 G9H C.O'i
AtfhT : s (f 1 0' 100'i 100
Atlantic Coast Line ...103 102 102
Wdwln l.oc... . . 711 70W 71
Baldwin loco pf 1055 101 1 101
Ualtlniorj ,M o.iu 7i) Si 78VJ
Ittthlehem 6toM 271 .8') 208
Uethlchcm Stosl nl
Brooklyn flap Tram
Butt A fruperlor......
Cal relroleum ,
Canadian Pacltle ...
Cent Leather Co...(
Chesapeake & Ohio.
Chlno Copper
Chlcaco Oreat West.
GhiatWcstpf
CM It I & Pacific.. ,
CM Mil & St Paul..
Chi & Northwest 12(1
Colorado Kuol i 1 37 i
Conwlldatod Qas, 12 HI 125
Continental Can 83Vi 83H
Corn Products Ret 10 lo
Cora Pro nef pf 8.1 81J4
Crucible Steel COM 7154
crucible Steel pf 101 101
3154
WW
OO'I
100H
102
7iJM
101
Ml
S09H
141 161 149 161
K14 1'i 83)4 HH
5J 01 60H 00!i
10' J 10 15 10
147). 149!. 14l))i 148
42i 4.1' ( 41 i 43
41
44
11!
20
2154
xlVI
435.
4i'(
111
295 S
2Hi
l
12.
30
li
41
ll'(
20
2l!(
SO'-!
43
41
ll
29
81!.
121f 125
37 J SSH
12 VH 125
Cuban-Am Sugar 115
uel fi Hudson 140
81
15
8154
03
100
110H 105
fifew York Bond Sales
High. Low. Close.
HIV. Ulli UH4
. .?"
V iuiy
H?85J
''20(10 Amer Cot Oil hs..
liuw Amcr xi'i cu -9...... 0-174
1 (Won Amer Tel cvt Mb lul'K
r. .-.. . . . . 'j-..- ... "
sHiw Aicmsou cv 4s iu.a.. i'i 111
Dtmo ftMcnison cv 4s iuuu...iuift iuu
SOuu Allan Co Line clt 4s. . 82 82
ff 00 llalt & Ohio 4s Ml 8U
'iSMOO Bait & Oh cv 4U.8... 8UU M)K
WSCi VW Halt & Oh Bwn ;la.. 87 87
1, WW) uein Hteci ii is....juiv luill,
? 4aiA nh Ktft.01 rtA Ktt If.iu. IillU.
rr'T ::". "- ----- rj ?-'
tl urooK nap -it as ; im
)Cnt Lcther 1st 5s... 1)9 uuk
I Cent I'ac 1st 4s My, M
inh.. A- Oh rv 4tAa T.IU. T.tU
'f AMM1 n II . O Inlnf Ja 1MIU llltU
'vLlHC II A O III 4s lute II2H
. -4 ftflyA p r A- u. P J. RX T.
K do cp S 1U1-4 WHi
9MCrn & Klo Or 4s 70 10
MU ,0o r(d Ss 44 44
Pis Secur Corp ss.... 04 04
Du l'ont Powil 4"4b. . . U! W)
I Erie conV 4s Ser A.... 00 W
IJ090 do urior 4s A 7U14
Jf.ftSJdu Gen Klec deb r. lUlti HUH
jw .11 aicoi utj 7sa.... PH7) ci.v
nw jowa conirai 4s 4 4
Wrf limn Cnn pv (la Mil 11:1 l:I
IMW Insp cvt 3d M 6s L14
ni lnieru Alei 48 i.st
fSIOci lnte- Mer Mar 4.a... r,S
K-WX) Intern! Paper cvt Ss... TO
qhw ivau -ny ao os. ....... oi y
S.VxJ Lacka bxel .la 11)2:1... IU
N00O do .'10 1DS0 77M,
1'KO Laclace Qas 1st 5s.... UUU
MOO Lis it M T &s .....iniU
0fl do 7s , 122J
(10OO Lorlllard 'is 10n;
6nlO I.O'JK c Nash 4s MU,
WOO Mo Iaa 4s niU
;iooo do cv .is tjv,
Itom do col Da 1017 su(
(XK N Y Air Hrake cvt Cs IWV1
fciooo K t C t II 3W.S 7811
IKOOU N V C 4 II ret Cs.,102)J
3000 N Y City 4s 11)57 Iiiji
. KWJ do 4',i 1'JUI.. UH
rSBid do ret 4Vls 101i
tSeOO do 4V.S 1BH3 101',.
1,6000 do 4f.s May '57 Wl
. iwiu n y rs r 11 & it cv ;ifts fi
, J"00 N Y nwy adj Ss.... 411
)00 Norf & West cvt 4HS..HISU
fiOOO Xnrf A Wnt nv 4a N.1
'SOW Nor I'ac prior 4 8n
ftUAi ior rac gen as k
mj we wnort u rer 4s.... nft
1D0O Pan rnnat lat K 07U
iSWU) Penna ct 4 Vis 102
j fenna gon ct 4H,
,twiv liny ton uop us. ,
8000 ItftHlIlnff Iran la
.WXK) flock Island 4 80
r ttw Itock Island S 110 11H
ooonock Island fm 47i 47
wuo seaboard A I. adl fis,, ia (VI
4W0 Seaboard A I. ret 4s.. 00 00
frjfi Soutli Pac cv 4s...... KoK ZW,
. 44QQO An rv rp, f n Km nl (1B1X tmu
f'l0 South Poc rfd ,4s 81 84
1 south Ilwy geni.... 81V4 01
ITexss Co cv (Is 100 100
I Third Ave new 4.... 7t$Vi 7ll,!
WW y H Steel 5a. ...II.'.IOSU 102,i
JOT u B ateel rer 5s.,,..,li2 102
MW Union Jo let 4 02 02?i
..I!S union Pao rfd 4s 811 8U
JM15 Wat- Equ ct sU 4s... 15 ID
,4fl0 Wub-P Ter 1st it 4s.. V
9 W B A M cv Ba w 1.112V4 H0J(
0West Union 4V4 "2(5 Wt!
Den & Itlo Q of.
Distillers' Securities...
Dome Mines.....,
Krl'o
Erie lstpf
General Electric
General Motors
Goodrich B FCo
Great Northern pf. ...
Gt N cfs for ore prop.
Guggenheim Kxpl'n.
8
. 20
. 1054
. 26'
. 415.
.109
139
!)
20)4
21'i
205,
42
171
85M
1051
8l5i
07H
101
108
Cramp Shipbuilding Moved Up
Sharply P. S. Steel Shares
Centre of Activity
PHILADELPHIA
MARKETS
13S!f 13851.
.202 204
. 50 57K
.1104 117
. 3954 40H
G1'4 01
0
245
20
20'i
40U
107!f
10.
55'
no
3Si
1)0.4
ft
26
2l5
VO'I
12
171
201
67,l
117
405
t-0'.
Homestead Mining 11S) 117Ji llfji 117Jf
Illinois central looi 101 101 101
lnt Airlcultural t 18Vf 19 1851
10 i
lnt Agricultural pf
Inter Cou Corpn....
Inter Con Cor pf....
lnt Har NJ
Inler Mt Vot t c...
Inter Metpf 735$
International Paper.... JH
Inspiration Copper 325
Kan City Southera 25f
Kayser Julius &Co.... 78
Lack bteei 525i
95. 37 37
10)i 19)4 19 i
7254 73 71J4
1055 103i 101
20
71J
954
33
20
77
69
Lehluh Valley .141 14154
Loose-W Bis 1st pf.
Louis & Nashville...
Mam ell Motors
Max Motors' 1st pf. ..
Max Motors 2nd pf. .
May Dcpt Stores....
Mexican I'etrj.eum..
Miami Copper
Mo Kansas & Texas.,
Missouri Pacific
Montana Power.....
Nat Cioalc A: Suit....
Nat Enamel a
Nat Lead
Nat Lead pf
Nevada Con Cop.
00X 00)4
.114 112'ii
054
88f
34 4
, 38
79 li
'-'5)i
7
. .254
5054
81
2454
60
4051
8754
o9-4
37M
l)4
255
7'i
35
49
80)4
25
01
.11154 105
1454 14'.
1954
7454
0
3l5f
2454
77
514
1411
0054
11.
39
C5K
:3
3754
7H
2454
7
2f
49!f
77H
2354
00
105
14
19
37
1951
73
101
20
74,'f
054
32! 4
26
77
5S
14154
9054
112'.
405f
8754
3954
3754
79)4
25V
754
354
49'i
83H
21
61
105
14
It was a day of active trading and
rapid fluctuations on the local exchange.
Many Issues suffered sharp set-backs dur
ing the morning, but In the afternoon
prices rallied nil around under the lend ot
United Statts Steel which had previously
been heavily sold. That a considerable
part of this1 selling was for short account
becamo evident when the recovery set In
and coverlnt; v. as found to be dlnictilt.
Cambria rallied In sympathy.
A number of wiaK fcuom developed in
tho early dealings, but the only stock
to show real prcaure was United States
Steel, In which the selling was heavy
tV.r"11 ir limit tt-i.fi mnt-iltri IT A nnnltifalnltf
12,000 shares changed hnnds before midday.
Tho day's total Steel sales were 19,200.
Ualdwln Locomotive broke six points,
but only somo TOO shares came out In the
process, and It recovered part of the
loss later. United Qas Improvement
and KeyBtone Telephone preferred wero
down a point or moro, nnd fractional
recessions were lcgtstered In Lake Su
perior, ncndlng. Philadelphia Electric. Le
high Va ley, tho tractions and Cnmbiia
Steel. The last named at one time fell
from 62 to below 51, but It rallied
sharply in the nfternoon, closing above
Saturday's final.
Just beforo thu close J. G. Brill opened
with n sale of 100 shares at 4 IVi, com
pared with i'Vt, the last previous quota
tion made some days ago.
A feature of strength was Cramp Ship
building, which moved contrary to the
general trend on the announcement from
Washington of the contemplated enlarge
ment of the Government s naval program.
The company also had received an order,
It was said, for a 10,000-ton tank
steamer from tho Sun Oil Company.
Local brokcrngo houses were crowded
with customers. Some were looking for
bargains, while others were merely watch
ing their already-made commitments.
The response to requests for additional
margins was reported to be very satis
factory. Vhllo steel stocks were moving
downward prices of Iron and steel prod
ucts were advanced. For Instance, tho
American Sheet and Tlnplato Company
advanced Its quotation on blue annealed
No. 10 gauge to $1.10, Pittsburgh, or Jl
a ton above the previous quotations.
Other mills are asking the new price, or
oven higher, for their product. Standard
railroad spikes are being quoted at $1.44,
and indications are prices will be ad
vanced Jl a ton before tho end of this
month. Smaller spikes are commanding
J1.55. Prices ot wire products have been
advanced Jl a ton on plain nails and .
a ton on barbed and painted wire and
other products, excepting galvanized ex
tras, which are reduced $4 a ton. Export
demand for wire continues active.
Sales in Philadelphia
New York Air Brake.. 1265i 133K 12454 13 1H
t niustyt iu
... 7H 0794
...1I4H 11414
... II2K 0214
lsiw 1S1H
i .'.S78
122 i
"$
11V.
211 Vi
TtlVS
102
t)4Vi
OS
101
101 i,
11114
fcS
40
105'4
Ml
K
ta
fl-'i
102
1014
SO
11U
47;
110
CO
80 Ji
liio
76i
IS8
US
13
Ill,)
New York Central.
NYN H &1I....
NYO &West..,.
Norf & West
Northern Pacific,
Pacific Mall
PennRIt
Philadelphia Co...
Pittsburg Coal....
Pittsburg Coal pf. .
Pressed Steel Car..
Pullman Co.......
Quicksilver
Ry bteel bprlng.
8S5f 8954 88 S85i
. 62 62 61 62
. 2454 25 24 24V
.10554 105U 105U lOWf
..105J4 105M 104H 105!f
. 32 3154 29U Mi
.108J4 10SH 10SK 10854
.78 '78 78 78'
- 29 295 2854 2054
. 05'4 08 D5!f
. 5tl 67 51
.157 151 160
. ' 354 34 354
37H 3754 35'i
I 214
95
5554
150
354
3754
2154
14' 54
3054
9954 100
4
954 11
1354 14H
Kay Con Coopar...... '22
Reading 14554 14054 1445
Rep Iron & Steel 4054 41V 385
Rep Iron & Steel pf... 100 100
Rock Island Co pf H (
llumely M Co 10 ll'f
RumelyMCopf 1354 554
Seaboard Air h pf 32 '. 31 31
Sears ltoebuclc 15054 151 149 151
Sloss-SS&Ipf 4854 61 48 51
bouthcrn Pacific bd. 885 b55 b8
faouthernlty 14H 14'-4 144 15
bouthernltypf 4li 4754 40 4754
Standard Milling 50 5 H 5554 55
btudcbiter Co 100 10254 01 0s54
'leun Copper 49 51tf 47 61
lexas Co 1391139 137 lbU
ThlrdAvenue 51 61' 5054 515
Union Hag & Paper... 054 014 0) 054
Union Pacific
Union Pacific pf,
U aimlAlcnot 09
12754 129)4 1255 128
8154 8H4 81 Vlii
725
Mi
on
1954
17
31
4S
675
llo
0254
LOCAL BAUK LOANS EXPAND
llwplus for the Week increased
Nearly a Million
I All Increase of $822,000 in surnlus re-
INfVM was- reported by the local Clear-
House banks for the week lust
ed. Loans pvimmlorl ti 01 mo
iThefS WnM a Anftia n, tf rOIWI In In.
WhfMua.1 deposits. Details follow;
Aus. 21. 'IS. lncreana.
lit! Il.if "'
ltlon
from banks. . .
'IH of l?ank..
Clsartnr linn..
rv held
in rHnu1rft(1
'I"" .. .
rMus under old
.14.11,7110,000
iIUi.il FKI.DUU
ll,2.V,OUO
B2.78S.O0O
H, 4DI, Old)
12.Ut.0OU
11 , 000,000
nT.iai.ooo
fil.8U7.0O0
farm Aurust
B.O
,K2l,000
l.OOH.WO
O.OUO
40,000
2.07U.OU0
1,7UI,U00
l.SJT.OUO
41B,l)0
S22.OU0
25. 1U1.1.
750.000; Au-
000. Anvil., 'A into
21. lull trt rua Tt. a....'... 9, jmn' i
,., . , TvUw,IVV A.MUfc , A-..V, fft-,
XMle.
Fining stock quotations
TONOPAH STOCKS.
Dullsr ...
!v ........ ..;.."'.
B! Extsnslon
m 8tr
Illd.
,l
.10
.10
.2T
.11
tl Mereer
extension 2;
n uereer
n Mlnlnr dm
loila . f la
4 , ;,. ,tw
OOLmriBUD STOCK8.
.--. ..,,. f ..., .... ,.o
r,wl,TR,TrlvvTV
r'firt p
,
W.V.MOB Mt. I.... .......
5 u. u.. ..t .......
....
l. ....,,
.w
.41
.01
,UI
.08
.1).'
.04
.43
IK
m
2Sf-
tiio9':::;t:":";:: c
i -......... .10
.1. ....... . ,1.1
wtbi it.nd.ri ....::
sllHCEl.i.AVi--nti
wiv':.'::::
,ou
.03
.OH
.01
::: tf
. . . 1.10
Asked.
.84
.12
.20
.80
.12
.Jl
OVi
,07
.02
I
.2U
.W
.4:1
.W
.1)4
.10
.Oi
,00
.47
, l'..
.21
1.4S
:S?
,ou
,IH
.00
.11
Mo
U S Cast I P&K 205
United Hys Invest 17 IS
United Rys Inv pf 325 33
0 b Ruboer 49 50'-
Ubbteel 7054 7t4
Uhfcteslpf 110). 11054 110
United Dry Goods pf . . 50 5U 50
UbKiptesj di 6J54 6254
UUU copper 6414 045 bi5
Va-Caro Chem 34 3454 3254
Va-Caro Chem pf 101 100' 100
V a Iron Coal x. v, 55 50 5j
Wells Fargo Kip 107 11M 1U0
Western union 1'ei;.... 69J4 09J4 0954
Westing H& M 11154 1121 1UJ
Western Maryland 2554 25 25
wmys uvuruna.......iO 170 lud
Vlsconin Central 35 35 345
Wooiw'a ' vo 10d5 lUo
Quoted ex dividend.
72
1U54
18
33
505
7054
110
60
0..54
0454
3254
100
5il
100
tO 4
11154
25
170
35
1U4H 105
Hrif. at 7.1m. rift. 1 2n
Jftm, .. "" " Mwn
KIwJK: r 0.f VK. SM.-r.KIne oie i
lowsr.
NOTES OF THE RAIL
The amount of coal and coko carried
on the Pennsylvania Railroad's Kastorn,
linen duilng July was 5,412,510 tons, an
Increase of 122,920 tonB over July, 1M4,
Kor tho seven months tho tonnage shows
a di use of 1,923,2)1.
Tho total movement of fuel traffic, In
cluding anthracite, bituminous coal and
coke, on 13 leading "Eastern railroads in
May, amounted to 17,H9,Wa tons, com
pared With 16,523,385 long In May, 19H.
according to the United States Depart
ment of Commerce. For the first five
months this year .the movement aggre
gated 77,651,428 to"hs, compared with 85,
JJ5S.B70 in tho corresponding period of 19H.
The Atchison, Topeka and Santa Fe
and other railroads today were ordered
by the Interstate Commerce Commission
to change their rates on dried fruit f.om
the I'aclflo coast to the East.
A rate of 0 cents a hundred pounds
when shipped In boxes and 80 cents when
In bags was fixed from Ban Francisco,
San Diego, Richmond, Oakland and Re
domlo Peach. California, to Boston,
Philadelphia, flattlmore and Charleston,
a c.
The Seaboard Air Line Hallway will
St new shops, to co.t 500.O00.- at
Portsmouth, Va.
The Lehigh Valley's new pier In New
York Bay t the entrance of Kill von
Kull wl b. complete early net year.
The Plet WW W J0" "dJhu ,0Bd,:
mg basin JM feet long and deep enough
fo? the largest steamships. The pier will
J, ...Ml chiefly for Iron or. shipments from
be used cnieiijr n.ihlehem Bteel
Yes,
ftGO Allls Chain ..
lu Am ice
10 Am U Sugar.
8H1 llald Loco ...
100 Drill J a....
1S48 Cam Steel ..
1M..1 llpi titor ...
Gi)0 Erie -itt
ID Qen Asph pref. (M
50 Hunt & 11 T.... 5
2 Kev Tel pref.... 66
1207 Lake Sup Corp. 0V4
02 Lehigh Nav Tift
212 I-ehlsh Val .... 71
740 Penna n U .... G4K
2U renna uau iuts
close. High. Low. Close.
. wy, h-in ;4Vi -m
... BOH
... ,7
...47
... 42
... m
tin Phlla Co
172 Phlla Elea ...
33.1 P It T
:i Phlla Trac ..
23 Kesdlng .....
880 Tonopah Uel .
OS TonopaH Mln .
fi3 Union Trac ..
812 II fl I
10387 U S Steel ....
410 Wm Cramp t
asyt
, J
10
74
73 ,
3T4
554
33Vi
83
toy.
07
BONDS.
Last prev. sale. High,
4000 Beth Bteel us... us
SO Ca 8 spNovMO.100
3S do leb 1017.. 08
38 do May 1U17.. 08
1000 City 4s 1048
WOO Choc cons 3s
JtOOO Key Tel 1st Cs.. ..
70OO Penna conv 4MS.10.1
18000 Penn C pen 4V4s U7M,
40C0 Phlla Efec 4s.. ..
:iouospanlli Am I Us. ..
1000 Un ltwy Inv 5s ..
1 1 Z.1
38 38 38
70)t 11rt 74
44W 4l(, 44
M '50V4 325
i ww toj,
N.'ll 2A 26,
OS tS 08
3 3 3
CS 03 03
0 J II
73 73 73
70 70 7(1
34V4 M' 54
04 03 04
381i -'18tt 3N'l
21 23 23U
10 0 10
74 74 74
72W 7254 .72V4
a .au,.
3VI 3U S'i
33 35' S3
81 K.1U S3H
71V4 USV4 70
70 03 70
Low. Close.
11 lin xjn
lOOVi 100 100
1)81 0S 08
08 )i 08 0S
101 101 101
01 04 01
US 03 03
102V4 102W 102Vi.
117 l)7ti II7V.
"854 T8K 78U
I0l loiw loivi
04 01 04
GRAIN AND FLODll
. VlinT.-nelpt. 8B.4W bush. Demand was
fair, but wlih Inner outside advlees, prlies
tleellned 2c Uuotatlons: Car lots In export ,e-yn.tor-.No,
2 red. new, snot and August. 1.10
1.121 No. 2 red Western, now, fl.U1.13; Nft.
Muulhrrn red, new, M.oM1 Hi, steamer No. 2
rel. new, Jl 0114.1.01 rejeoted A. new, l.ua
l.W: rejected It. new, H0(8li8r
COHN -rtecelpts, 7281 bush Trade was quiet,
but prlcrs wer steanlly held Quotations Car
lota lor locsl traoe us to location-No. 2 el
lu 8fl;i(K!.; steamer yellow, SSffStfc., No. 3
yellow. 888.e.
OM Itecelpts. 000S bush. New crop was
ortered more trrely and prices declined to ..ltf
34o. lor .No. 3 hlte and to 4B)c, for sample
outs.
FLOUIl.-Itecelpts, 273 hhls. and 702,158 lh.
In nek.. There was little .railing and alues
were largel) nominal, quotations per 100 lbs.
In WoodWinter, clear, new, 4.K.i-S.10, do.,
straight, new, ,1.1S3,30; do., patent, new,
I3.tt.u3.il3; Kansas, clear, new, Julo sacks,
3f3.23i do., straight, new. Jute sacks, S3.238)
3.30; do., patent, new, Jute sacks, t3.3nu3.73;
M'tlng, first, clear, old, til.2310.30, do.,
s.ialght, old, t0.3OliU.78; uo., patent, old, U.J5
7 Uo faiorlto brands, old, a7.137.:i; ilty
mills, choice and lancy patent, 7.133".'Jo;
city mills, regular grades winter, clear, new,
I4.8303.lu; do., straight, now, 3. 1 503.30; do.,
patent, new, I3.40U3.03.
ItYK HX)LIl ruled steady under smalt sup
riles, but trade was quiet. (Juo.atlons aStrS.l
per bbl., ss 10 quality.
PKOVISIONS
There was little trading, but alue wcro
iteaully held, quotations' City l!ce, in sets,
smokeu and atr-drled, 25020c; Western beet.
In sets, smoked, 10020c, city beet, knuckles
ami tenders, smoked and nlr-drled 27&2SC ;
Western beef, knuckles and tenders, smoked,
27'2S!.; beet hams, S.I1R32; pork, family, -2
022..V): hams. B. P, cured, loose, l.tftUUc.i
do., skinned, loose, l:IWfi:it.; do,, do.,
smoked. l.l'iUH',,c; other hams, smoked, city
cuied, as to brand and average, lUiMl'iHc;
ham.., .imokod. Western cured, H'nW13J.i..l
1.0., boiled, boneless 2.lti24c, ; picnic shoulders,
S. V. cured, loose, llfflllic. ; do., smoked, 11
UlUici bellies, In pickle, according to aNer
ngo, loose, l2W13c; breakfast bacon, as to
brand and average, city cured, l'trlSc; break
fast bacon Western cured, 17tISc; lard.
Western, rentied. tierces, DW5c.. do., do.,
do., tubs, uueuKc; lard, pure city, kettle
rendered, in tierces, 0Wtfl'c.; lard, pure city,
kettlo rendered, in tubs, iH4Boc
REFINED SUGARS
The market was quiet, but steady. We
quote refiners' list prices: Standard granu
lated. 3.73c; extra fine granulated, o.70c;
powdered, 3 80c; confectioners' A, o.hOC; soil
grades. 4.S33.45c
DAIRY PRODUCTS
1LTTTF!II. Pnnrv alneV hiM Inlrlv nnd ruled
steady, with supplies well under tontrol. Fol
lowing are the quotations: Western solld
pucked creamery, fancy specials, 2M4c; extras,
28Hc extra nrnts. 23V44i20c.; firsts, 24g25c.;
seconds. 2223c.:, nearby prints, fancy, 30c;
do., average extras, 28nanc.; do., Ilrsts, 23W
20c; do., teconds, 22gilc,; Jobbing sales of
f.tnc prints. 34fi37c.
EGOS. There vas a good outlet for, the lim
ited retelpta of line new-laid eggs, values of
which ruled firm. l"ol lowing are the quotations:
In free cases, nearby extras, 20027c, per doz.;
nrsts, $I1.(S6.00 per standard caw; nearby
cuirent iccelpts, WJO.30 per caBe, Western
extra firsts. 0.t03J.20 per case; firsts. $0 300
11.M) per case: fancy selected candled eggs were
Jobbing at 208 30c. per dox,
CHi:KSE. Offerings were moderate but am
pin and tho market was quiet and without im
portant change, quotations: Now York, lull
cream, new, 13W5jnc.: do., do., fair to good,
new, 12V413c; do., part skims. Cifl2c.
POULTRY
LIVE. Offerings of desirable stock were
modcrnte nnd the market ruled steady with a
fair trade. Quotations: Fowls, as to quality,
lisjlPVfcc.; roosters, lHi'l'-'c: broiling chickens,
fancy, not leghorns, weighing 2 lbs. and over
apiece, ltlff'.'Oc; do., not leghorns, weighing
1M1H lbri. apiece, lumiSc: do., leghorns,
weighing 2 lbs. and over apiece, 1017c; do.,
leghorns, weighing 15il4 lbs. apiece, 14R15c;
ducks, Pekln, old, 13014c; do.. Indian Runner,
old, i213c; do., oung. according to size,
lotciuc; pigeons, 01a per pair, iwa-uc.; uo.,
oung, per pair, 17tj18c.
DHESSCD POULTBV. Offerings of fine de-slrable-slzed
stock were light and the msrkct
ruled dim. with trade fair. Fowls were He
higher. We quote: Fresh-killed poultry, fowls,
iz 10 box, ary-pickea ana ary-pacKca, inncy se-
WHEAT CLOSED WEAK
AFTER ACTIVE SESSION
Selling Heavy During the Early
Hours of Trading Ar
rivals Still Light
Financial Briefs
Local Bid and Asked
Baldwin
do pref
Burt 4i Bus t c
iln nref .....
Cam tiled
Eleo Storage
men Asphalt
do pref
Keystone Tel....
do t c
do pref
Lake Sup Corp
Lehluh Nav
Lehigh Valley
Lehigh Val Tr
do pref
Pennsylvania
Phlla Electric
Phlla Co .;.
rto 3 per cent pref.
do 0 per cent, pref,
Phlla II T
do t c .
Heading
Today Yesterday
Bid Asked Bid Asked
.. 73V4 74
..103 105 W4H 103J4
.. 12 1.1 Uh 1.IU
.. 30 40V4 40 40'A
S2W 6.1 52W 5.1
., bOVil 01 '" liOi-i
.. 30V4 i'IIVj 31 311,
.. 07V 0U US Ui'i
.. inn uh uv, inJ
.. 1.1 14 v; ..
..US 00 05 OU
,. 8 UV4 0 JY,
.. 7214 7.tA 72 V.'h,
.. 70(4 71 7U) 71
..15 13 13 1
.. 30VJ SXVl ao 31 V4
, 5t' .'i4',
.. 2J 24 , 24 24U
.. 38 3SVi 38 iH4
.. 33 33 31 34
. . .1014 40V4 30 40W
.. 10 10W U 0V4
.. 10 10, 0 . UJ,
.. 73W 73 72V5 72
Reserve Banks'' Discount Rates
lto
10.
Philadelphia ..,.. 3
New Y'ork .......
Boston
Cleveland
Richmond
Atlanta
Chicago ..
8t. Louis 3
Minneapolis ..... .
Kansas City
Tlallu. ............
tHan Francisco ... 3
-Days-
11 to 31 to 01 to 101 to
30.
4
4
4
4
4
4
4
4
4
4
5V4
00.
4
4
4
4
4
4
4
4
4
4
o
00 0 mos.
iY, a
4
4Vj
P
4
4
3V4
Wrrfi. r V "tin for ,KS3i J 'WTtfiUg SS A'V.S3,
Chill wl Cuto to the Bethlehem Steel
i."!1' " .7 Tha .tructura Will Coat !,.
ann boo ind U on ot the mot Import
X nod "rn "d'ltlon. to h. tedUtlM of
Wen York Harbor-
METAL HARKKT
-.,.? vonK. Aug, ttTb Mtw Tork(Jtil
s-S.'Rina. auotea tta tteaay. "ViH "" '
tAgrlcultural and llvo stock paper only.
Ir,r... run for bankers' acceptances
minimum 2 Pr cent, and maximum 4 per cent
More U. S. Mined Gold
WASHINGTON, Aug. 23. Not only Is gold
pouring Into tho United States from abroad
In rnilRor's. but there is 13,047.400 worth moro
Amerlcan-mlned gold now'ihan last year, ac
cording to Mint Director Woolley today. In
thi year ended January 1. 1015. American
mines produced 104,331.800 worth of gold and
140.007.700 worth of silver. Silver produc
ticn Increased 3,126,100 worth over the year
before.
BAR SILVER
NEW YORK. Aug. 23. Commercial bar silver
as quoted a W cents. Mexican, dollars.
J7c! In London bar silver was 22d unchanged.
Crude Oil Advanced
FINDLAY. O., Aug. 23.-.Th Ohio Oil Com
pany ha' advanced the price ot crule oil 5
cent a barrel,
DIVIDENDS DECLARED
Lcld Oas Company, regular quarterly IK
oer cent., payable September 15.
Erie and Httaburgh Hallway Company,
regular quarterly 1 Pr cent., payable Sep
tember 10 to stock of record August 81. .
Brooklyn Hapid Transit, regular quarterly 1U
grr cent,, payable October 1 to stock of record
cptember 2.
JIOUSEKSlKftPINO APARTMENTS
jfaitfax
Ipartmentg
riHKVKQOV MU1LDINO
(IN OKKMANTOWN)
WAYNB AVSNUB AT 8CHOOI1 X-4.NB
Suites of T and 8 rooms and 2 baths.
Solarium covering entire house.
Maid service by the hour. Elevator,
H. J JOHNSON, 300 Bailey HuU4hi.
CHICAGO. Auir. 23. Grain nrlceg con
tinued to slide downwnrd In the trading j
mi i'ic iin-aru 01 xraue loaay. .jeceinuui
hit the low of 99V4. It wag said that mill
er In the Northwest had wlthdtawn
orders for hard winter In tho Southwcet.
Relllns; durlnjr the enrlv hours waa heavy.
Ai rivals, continue light.
At the opening; September wheat aold at
1.02Vi. off ' from the final of Saturday,
llcforo noon It had fallen to $1.014.
Selllnir wus more active In December
than the other months, but prices were
low. It opened at ll.COU. Saturday's
closlnB rjuotallon was $1.00.
May's loss was most prominent. It
opened at $1.03. dropping almost one
cent over Sunday,
I'rlccs ruled henvy throughout the aft
ernoon and the close found declines rang
ing f 1 0111 24 to 2i cents.
Scattered eclllnK of corn by commission
houses Itept corn prices fairly well bal
anced. Dry, hot weather Is now needed
to force muturlty. It Is n race now with
frost. Chilling weather, soon due, will
have n bad effect on the crop. Oats, like
corn, was supported moderately.
Kxports trom North America for the
week totaled 4,36,000 bushels of wheat,
1.3P5.O00 bushels of which went out as
Hour. Corn shipments amounted to 122,000
bushels and oats 510,003 bushels. Galves
ton reports have not been received, Ra
cine Const exports aggregated 195,000
bushels.
Weak American cables mado the Liver
pool market easy. There Is said to be a
brilliant prospect In spring wheat. Spots
and cargoes were nervous. Weekly
stocks totaled 4.496,000 bushels of wheat,
a gain of iMl.OOO bushels; 876.000 bus.vls ot
corn, n. gnin of 16VJC0 bushels
Leading futures ranged as follows:
Bat'd'a
iineat upen, man,
September ,. 1.0214 1.0214
December .. l.Ocul 1.00
Kay 1.03 1.0H4
v urn I new ueilieryj'
Low.
Cloe. clot.
lected 10c: weighing 4HS5 lbs. apiece, 18c.t
weighing ;i',iH4 ids. apiece, mc. ; weigmng o
lbs. apiece, 10H17ijc.; under 3 lbs. apiece,
14.4613Hc: ice-packed Western, 44 lbs. nd
over apiece, 18c; do., smaller sizes, 154117c. ;
old roosters, dry-picked, 13c; broiling chickens,
Jersey, fancy, 241826c: other nearby fancy,
220210.; fancy large yellow, Illinois, welgn
lng 2ssn lbs. apiece, 2021c; Western, weigh
ing 1W62 lbs. apiece. 1MC: do., weighing 1
H1V lbs. apiece, 10C17C.; spring ducks. 10
017c; squabs, white. Weighing 11012 lbs. Per
dot., $3.!oe4.fl0; white, weighing OHIO lbs. per
dos., tte-T.SO; white, weighing 8 lbs., per
dol..s2.352.63; do.. 7 lbs. Per dol... 2.10i
2.20i do.. ofiOM lbs. per doz.. U.60al.&; dark,
$1. 3001.03; small and No. 2, L
FRESH FRUITS
Teaches and cantaloupes were plentiful and
weaker.' Other fruits showed little change.
Quotations' Apples, per bbl. Oravensteln, $2.23
(r32.30: Wealthy, 2 23tr2.nO: Duchess. $2.23
2.M: Summer ltambo, $2.2."S2.50; other vari
eties, tl..'i0il2; peaches, Georgia, llelle of
Georgia, per crate, U385c. ; do , Georgia. El
berta, per crate, 03aS3c: peaches, Delaware
and Maryland, Belles and Elbertas, per carrier,
lOSrtSc.1 peaches. Delaware and Maryland,
Ilelles and Elbertas. per basket, 2330c;
Leaches, Jersey, per basket, lOM.IOc: pears,
,e Conte. per bbf. J2.60fl3.50: do., Bartlctt,
per bbl., $24; grapes, North Carolina, Dela
wares, per fi-basket carrier, fl.50Q2; grapes,
Delaware, Moore's Early and Concord, per
carrier. 50B3c.; gripes, Delaware, Moore's
Early and Concord, per 4-lb. basket, 8i)c;
lemons, per box, $3r3.50; oranges. Florida,
fer box, flflfl; pineapples, per crate Porto
tiro, $i.lM)fi2.T5: Florida, $1.30R3,7S; plums.
New York, pel 20-lb. basket. 40$ 50c: do., per
X-lb. baskot. 1015c: blackberries, Delaware,
Maryland and Jersey, per quart. 4H0c;
hnrkleberrles. Der ouart. di!f8c: cantaloubes.
I Maryland, per standard crate. 50Jf73c; do..
jersey, lir dsskc. ovuuuci wnicriiiciviis, iier
car, $150(8200.
VEGETABLES
Supplies were fairly liberal and prices gen
erally favored buyers, with demand only mod'
erate. Quotation: White potatoes. Virginia,
per bbl. No. 1, $101.23; do.. No. 2. 60ft73c:
white potatoes, Jersey, per basket No. 1
Pone. 2x6.12c: do.. No. 1 other varieties. 20
j25c; do. No. 2, 10013c.; sweet potatoes,
per bbl. No. 1 North Carolina and Eastern
Shore. $313.23; do.. No. 2 North Carolina and
Eastern Shore. h0c.81.10; do., culls. .VJi 7.V. ;
sweet potatoes, Jersey, per basket No. I, 73SJ
N3c. do.. No. 2, 214.15c.; onions, Jersey. 7er
K-bushel basket, 15620c: do.. Eastern Shore,
per hamper, 30fll0c: corn Jersey, per basket,
40050c, tomatoes, Jersey, per basket No. 1
early, C15c,; do.. No. 1 recond early, 15Q30C.;
mushrooms, per 4-lb. basket, &0c.e$l.
BANK CLEARINGS
Dank clearings today compare with corre
sponding day .a.to year.
Hoston .....$14,011,201 $14,103,105 $13,041,521
Niw York.. 202.2011,212 t4t.U21.312 iH,5ti7,3'l
l'hlla 21.V2II.HH) JK.IITO IKK) 17,3,.77
Chicago ,,,. 44.4H7.0.VI 43,078,733 40,251,440
RATES FOR MONEY
Call.
Time.
rhlludelphla ,. 3U01 4 1W
New York 1H2 2i4n(,
Hoston : -iVtVih
Chicago 3e4 4 ftli.
Commercial paper, three to six months, 11.U
adelphia, 3l'.ff4 per tent.
FOREIGN EXCHANGE
NEW YORK, Aug. 23. The foreign exchange
market was steady with demand sterling un
changed. Sterling. Francs. Marks. Llres.
Cables 4.H7J4 U.M 81H 0.42
Demand 4.68V4 3.8T 81 0.43
Anaconda Chino
Utah Inspiration
- Tennessee Miami
Ray Consolidated
We believe the above Copper securi
ties offer unusual opportunities In the
f, resent market. Copper conditions are
mprovlng rapidly.
Communicate with us.
Bend for our Weskly Market Analy
sis lust Issued.
HUGHES & DIER
UANKEUS AND DHOKISItS
Member ot Philadelphia Stock Exchange
Members of Chicago Board of Trad
143S Walnut Street
I'lilhulelpula
Direct Private Wires to NEW YORK
and PIIILADKLPUIA BTOCK EX.
ClIANOES, CHICAGO BOARD OF
TRADH. NEW YORK CURB and other
Important markets.
SOUND INVESTMENTS
It - BANKERS
1RAKOVCa U$8.
1Mb St.
JMKVOTOXY or ACCOUNTANT-
PufcUo, ACCOU-t4WU
--TT' M. u. UKRCHaAN
Hm. UtmbU ftm. sii, .WaiMM, 4.
September
l-'ecember
May
Oats
September December
May
I.ard
September
0,'tober
January .
nibs
September October 1
January .
fork
September October .
January
Bid. lAsked
T4H
nii
04
74ft
03V4
1.00U l.OOU 1.112
0714 I17H 1.00S
1.01H 1.01 1.U4H
74'4
iG4
ivitl in.
B4 03V4
3S1, 3814 37?4 37'4 .Wi
8714 3714 37 137U 437U
40'4 40'i 30 30H J404
8.07 8.12 8 07 8.12 8.10
8.17 8.22 8.17 8.22 8.20
8.72 8.87 8.72 8.87 8.75
8.75 8.73 8.70 8.70
8.85 8.85 8.82 8.81
8.7J
13.75 13.77 13.75 11.77
11.00 13.U0 13.8- 13.00
10.00
8.72
8.80
13.07
13. SO
NEW YORK CURB
American Zinc
Hrailcn
British-American ' Tobacco old..
do new
Electric Boat
do nref
Goldrleld Consolidated
Greeno Cananea
Kenc't Copper
Lehigh Vrlley Coal Sales
Nlrlsslng
Utls Elevator
do iiref
Tllker-Hegeman
Submarine
Sterllr.B' Gum
'Tobacco troducts
United cigar mores
do pref
ITnlted ProOt new
World Film ,
Yukon Gold
Bid. Asked
VW, 50V
1 14
7
15
iV4
400
400
40
The N6w Orlearii Cotton Exchanse will
bo closed Tuesday, August 31.
The Bteelton plant of tha I'onnsylvanlft
Steel Company Is working at S5 per cent,
of capacity,
The receivers of the Eastern Bteamahlp
Corporation have petitioned the court for
authority to pay off the priority claims
against the company, amounting to be
tween $300,000 and $323,000. The petition
asks the court for a hcarlnir on August
31. It Is understood the company has a
large cash balance on hand.
The transfer books of the Philadelphia
Rapid Transit Company will close August
23; reopen August 28 for the annual meet
ing to be held September IS.
There has been placed on the regular
list of the Philadelphia Stock Exchange
$619,600 additional stock of the American
Telephone nnd Telegraph Company, Issued
In exchango for convertible 4V4 per cent,
bonds. ,
New York banks gained $1,502,000 from
the Hubtre.tBury Saturday and $4,109,000
alnce Inst Friday.
The Western Heet Bugar Interests will
ship 200,000 bags of sugar to Philadelphia
beginning this week.
The Dally Iron Trade says: "Bessemer
pig Iron In tho central west has advanced
$1G.60, valley, on good sales, and central
western low phosphorus Iron Is 60 cents
a ton higher.
The gross earnings of the Texas Com
pany tor the year ending June 30 were
$26,391,745: Increase, $167,310: net, $8,02I.G2;
Increase, $272,233.
LONDON STOCK MARKET
7
...14
... 14
...430
...430
::::
45U 4.1V.
,...100 170
.... BV4
....70 73
.... 01 04
:::: $
. . . -? .
.... no no
....100 100
....110 125
.... 2V4 2H
.. 3'i 3V4
.... 2'i 2Vi
PUBLIC UTILITIES
The Georgia Railway and Power Com
pany's July gross earnings decreased
$1373, but therft jyajaA Increase, of .$19,152
in rift. Fprjho (,Yen,month8ltho gross
Increase W4UtiJ6&715. niNflte earnings' In
creased $U,fl8.i", fl fri ciAf ,-
,r, -'
GovcrnmentvBuying .Silver
WASHINGTON, iAUg. 23. The" Director ot
the Mint wUbpurchnso.'next Friday, u the-rJrice
Is attractive. 500,000, .ounces of silver, making
2.000,000 for the "Month. The bullion will
be converted Into half-dollars, quarter-dollars
anJ dimes at the Mint.
Russian Naval Victory Brings a Moro
Cheerful Feeling
LONDON, Auir. 23. There was a cheer
ful feeling on the stock exchange today
which was caused by news of the Rus
sian naval victory at Riga. Trading
was fairly brisk and prices firm. Strength
was shown In war loans, the easier dis
counts having a favorable Influence. The
absence of a provision for any Interest
from revenue on the German war loans
made a profound Impression at this
centre. Home rail? fays were steady, but
trading was light. There was a weak
tone to Americans, although losses were
small. Canadian Pacific was dull and
Russian securities showed Btrength.
Argentine rails drooped and mining and
oil Issues displayed Irregular changes.
London N.Y.
close.
Atchison 100J4
Baltimore & Ohio MK
Canadian Pacific lMVi
Chesapeake & Ohio 1 40
Great Western 12
Chicago Mil & St Paul 85
Denver & Rio Grande 0
Erie 28
An 1st nref 53
Illinois Central 106'
Louisville & Nashville ...110'
New York Central
Norfolk & Western
New York Ont & West ...
Pennsvlvanla
Reading
Southern Railway . .
Southern Pacific
Union Pacific
United States Steel
Increase. Decrease.
Ex dividend. ,
LONDON SURE CREDIT
WILL BE ADJUSTED
Financiers Expect Bond SaTm
to Increase Look for Ex-
change Rise
By FRANCIS W. HIRST
Editor of "Tha Economist ' '"'
Bptcial CaiU to In Evening Ledger.
LONDON, Aug. 23,-There Is tody '
good deal of uncertainty In tH Mty,
but some knowing ones aro sure Mer
hove been taken to' restoro exchanges.
Some recent fluctuations suggest liwld,
manipulation.
The bank return Is highly satisfactory,
We may well be pleased that our cur
rency Is so full of gold that with little
patriotic exertion by bankers we en
draw $20,000,000 to $30,000,060 for export
without visible Inconvenience.
Saturday's exchango was little affected
by the Arabic disaster, which Is another
painful exhibition of savagery. The Ger
mans aro evidently smarting under their
appalling losses of life, besides the gen
eral privations Of a war diet under bu
reaucratic control. Their successes In
Russia have been very costly.
Reports published here Indicate a strong
reform movement In Russia, where the
fall of Kovno endangers Riga.
The stock markets are naturally dull.
American bond sales continue, and prob
ably will Increase unless new credits on
your sldo restore exchanges.
It seems possible that somo change In
the blockade policy may accompany the
new cotton contraband arrangement, but
nothing Is known except that the Cabi
net has been deliberating these ques
tions. Experts generally attribute tho recent
steadiness of German exchange to- the
blockade.
Great efforts are expected pext month
to raise the large new revenue In'jtbe
forthcoming budget, arid at tHo same
tlmo diminish all luxurious consumption.
Rich Australians living here will be .hard
hit by the double graduated Income tax
rising E shillings already, b6th here and
In Australia.
The strong conscrlptlonlst movement
here Is encountering trade union resists
ance.
NEW YORK COFFEE MARKET
equlv.
100 U,
TO It,
lMi'ft &
43 W
li -.
79W 1--
20ii-3-H
ft 4HiT&- .
...04 88U
....112 100 4- J,
...27 2V,l 4- 4i
... M 107 H4
... 70H 144 1;
... 15 14 - S
... 82 8l U
:::,8,B tg
COTTONa;rCi
NEW YORK, Aug: 23. tlverpbpl 'was
a few points better than due .this" nlorn
lng, but active Wall street ' and wire
house selling, together with a favorablo
weather map, governed the cotton market
and caused declines of 2 to 6 points.
England's declaration that cotton was
considered contraband naturally unset
tled sentiment, but had -been largely dis
counted. It Is believed. Later In the day
the market was heavy1, with offerings
liberal and prices declining. "Prices wero
Irregular at the close. All months wero
up one to seven points, except May, which
was down 11 points.
Saturday's Open- 11 H',30
close, ing, a.nv, Ita.m.
January IM0 o.Bl D.J51.-- l.r2
Ociober 0.10 0.17 O.lj jf.J2 ,
December ... 0.47 11.44 -9.40 ' 9.42"
March 0.82 9.77 9.70 ....
May 10.08 10.02
NEW YOnK. Aug. 23. The coffee marsa
opened ateady, Futures wero slightly lower.
Prices follow:
Today's
opening
AUKUSl
September
October .
November
December
January .
February
March ...
April ....
May .....
June ....
July
B
R2B
0.23
e;83if.37
u.48
B.31S4.SS
Did.
Sales. 2000 bags.
Saturday's
closa
o.usaave
8.2830.29
(URftftST
H.40Q0.4I
0.48 ru
fl.49S..V)
O.Mfi.f
a.sie.is
fl. 02 0. 64
G.ne(r.ii.
e.7oe,-2
2:30
.P.m.
It. .'.7
O.l B
9.46
NEW YORK BUTTER AND EGGS
NEW YORK. Aug. 23. nUTTER. Market
steady to firm; receipts. 939R pkgs.; extra. 2flc:
higher scoring, 20HB27C! State datry 2SV4C-;
imitation creamery, 2222Hc
EGOS. Market steady: receipts, 11.404 pkrs.f
extra firsts. 24 S 25 He regular packed; firsts,
22Uf23Hc. regular packed: nearby while. '84
8Sc regular lacked; mixed color 212Gc.,
gathered: refrigerator firsts, 2324c; nearby
browns, 27ff30c.
LIVE STOCK QUOTATIONS
CHICAOO, Aug. 23. HOGS. Receipts. 20.CUQ
head; market 10c higher. Mixed and" butchers,
$0.20eT.8S: good heavy, (t.40S7.20: rougtt
heavy $3.0066.30: light. $707.90; pigs. I3.MU
OB.uS: bulk. .25i.20.
CATTLE. Receipt. 20O0 head; market
steady; 10c. lower. Beeves. $0.40910.2.1; cows
and heifers. H.50JJ0.40; Texans, 0.7i8S.3;;
calves. 9.WiSlV.
SHEEP. Receipts. "000 head; market 10
15c. higher. Native and Western, $3.S0W",40;
lambs, $6.85ff.
dsjypS . ---
Bethlehem to . iMant at Cape May
CAPE MAY. Aug, 23. It became known
here today that s a result of the visit ot
Charles M. Schwab last Thursday, in company
with Russian and English army officer. It Is
announced that the steel company will build
a $.10,000 factory at Cape May Point.
It Is reported It will be used for the man
ufacture of powder and shells.
BOSTON & MAINE RAILROAD
- - 1 . . - v;,
To the Noteholders of the Boston & Maine Railroad:
Boston, Mass., August 19, 1915,
The holders of notes due September 2, 1915, ai'e asked to extend these notes to March 2, 1916, on the
following terms:
(1) ANY HOLDER OF NOTES MAY EXTEND THE AMOUNT DUE THEREON UNTIL '
MARCH 2, 1916, WITH INTEREST DISCOUNTED AT THE RATE OF 6 PER ANNUM, OR
(2) ANY HOLDER OF NOTES MAY EXTEND B0 OJ THE AMOUNT DUE THEREON
ON THE TERMS STATED ABOVE AND MAY RECEIVE IN EXCHANGE FOR THE RE- r
MAINING 20 FIVE PER CENT. GOLD NOTES OF MAINE RAILWAYS COMPANIES, ,
DUE APRIL 1, 1919, AT PAR FLAT WITH OCTOBER 1, 1915, COUPON ATTACHED, OF
WHICH ONE-HALF WILL BE NOTES CONVERTIBLE AT THE OPTION OF THE
HOLDER PAR FOR PAR, INTO MAINE CENTRAL RAILROAD COMPANY CAPITAL
STOCK UNTIL OCTOBER 1. 1918, AND THE REMAINING ONE-HALF WILL BE NON
CONVERTIBLE. NOTEHOLDERS WILL BE PERMITTED TO INCREASE OR DECREASE
THE PERCENTAGES OF "EXTENDED NOTES" AND OF MAINE RAILWAYS COM
PANIES NOTES SO AS TO OBTAIN EVEN MULTIPLES OF ONE THOUSAND
DOLLARS.
During the fiscal year ending June 30, 1915, by strict economy and with the partial benefit of increased,
passenger and freight rates recently granted the road was able, notwithstanding a decrease in operating
revenue of $1,489,236, to come within about $334,000 of meeting its fixed charges, as against a 'deficit of
$2,044,742 for the previous year. While this improvement does npt remove the necessity of reorganization
it strengthens our belief that if a consolidation with the Leased Lines can be effected on" equitable terms',
a financially strong corporation will result which will be to the greatest advantage of all.
If granted, the extension of your notes now asked for will not i,n any way diminish your security, as
no mortgage can be placed upon the property without securing your notes, and it will enable the manage
ment to continue Its efforts toward a sound reorganization, under favorable conditions. Should hojders of
Boston & Maine Notes who accept Plan No, 2 desire notes of Maine Railways Companies, in excess oi
their allotment of 20 they may be permitted to increase their holding of Maine Railways Companie
Notes and decrease their Boston & Maine Notes accordingly, from any of such notes remaining m tHe
Treasury. In case of applications in excess of the amount of notes available, allotment will be waU $t
far as practicable upon a pro-rata basis. , "" f i
Acceptance of the above offers are to be coustrued as conditional upon action by the Director., jsot ;
later than September 1, 1915, declaring the plan of extension effective.
NOTEHOLDERS ARE REQUESTED TO INFORM THE OLD COLONY TRUiT COM
PANY, 17 COURT STREET, BOSTON, MASSACHUSETTS, BEFORE 2 F,' M., FRIDAY,
AUGUST 27, 19IS, WHICH OF THE ABOVE ALTERNATIVE tFFERS THSY RU-MC
T1VELY DESIRE TO ACCEPT, AND TO STATg IN THEIR LETTERS OlVfW T-.
FORMATION THE NUMBERS, DENOMINATIONS AND DATES OF MATURITY OT fill
NOTES HELD BY THEM. NOTEHOLDERS WILL SUWNtQU&NTLY ME AStCM TO
PRESENT THEIR NOTES FOR EXTENSION OR EXCHANCHt1. i
, , By order B4r4 f
T