nj-f it- t
io
EVENING LEDGER PHILADELPHIA, FRIDAY, FEBRUARY 18, 191C
1
i
' -S
I i
FINANCIAL NEWS
STOCK MARKET WAS INDEPENDENT
; OF ATTEMPTED CONTROL BY BEARS
Vigorous Drives in War Industrials Movements in a
Number of Issues Were to Higher Levels Late
in the Day Coppers Active
New York Stock Sales
tast close
High Points in Today's Financial News
Announcement made that $22,800,000 of United States Steel Corpora
tion S per cent, bonds, so-called "Carnegie'1 bonds, sold to Steel Corpora
tion by British Treasury, Midvalc Steel and Ordnance Company 8 per
cent, bonds oversubscribed. Republic Iron and Steel Company declared
1 per cent, extra dividend on preferred stock; to apply on bach dividends.
New York banks lost $2,241,000 on movements of currency for last week.
New York State Realty and Terminal Company, subsidiary of New York
jviurai ntiuroau, soia ?io,uuu,vuu o parent company s stock:
OX
22U
mt
82
OS
mi
R2
22'i
30'f
82
70U
DH
71
KH
At.ulei J Gold Mines
Ahska OoM Mines .
Alllj-Cnilmers Mfir ...
Allis-Chalmcrs Mfj pf
Am Ag Chemical
Am Ac Chemical pf .
Am Hcct Sugar . . .
Am Can
Am Can pf ..
Am Car & Fdy .
Am Coil Product
Am Hide A Leather .
Am Itlclo i. t. pf ...
Am Ice .coultlej ...
Am Unseed
Am l.ocomolho
Am r.ocomotlo pf. ..
Am Malt ... .
Am Smelt A. rtef 100'i 100'
UWi 111
GO'S (.IK
ltr,, 107
ti'i It)
.V) fit
:iow ;Wi
2i?i 2?f
CJW (BJf
102lj 102
tl Mj
221 i
30'
HIH
70H
OS
70! (
r,i
111
O'HS
NTAV YORK, Teb. IS.
Tho stock market today hIiowoiI Ita Indppendcnco of the attempted bear
control. Beforo tho opening nnd after tlio early trading erforts woro niutlo to
causo uneasiness by references to the tangled situation nt Washington, and
theso Illusions were followed by vigorous drives nt tho war Industrials nnd
"whatever other stocks In which there were no nearby buying orders. Bnld
wln Locomotive, StudcbnUer and Maxwell Motors were forced down on these
bearish efforts, but tho recessions In those Issues hardly attracted attention.
Bear talk and plunging by room traders on the short side wero futllo In
inducing any liquidation In tho last half of the dav. Stocks wcro wanted nt
concessions, and when they could not bo obtained nt low loels bids wero
advanced, nnd tho important movements In a number of stocks wero to
materially higher prices. American Zinc nttiactod most attention, moIng
up more than flvo points nnd making a now high record, and Butto and Su
perior also continued Its upward movement.
Buying orders in the copper stocks, based on predicted Increases in
dividends at the March meeting, wero plentiful nnd made those storks nrtlvo
and strong; and the expectation that tho January earnings, mntkiug tho begin
ning of a new fiscal yenr on both Central and I'rlo, will show a further Improve
ment over tho closing months of 1915, Induced effoits to accumulate those
stocks, but the supply was too small to permit any substantial accumulation.
HlRh. low. Close.
lt 0!f 0't
22H
no
81U
70" i
03
O'l
tins
in
0'))j
iOfl'f 10
10 10
o') MH
304 304
224 224
1114 ft'4
1014 101,4
84 MS
100 10)4
014 014
874 874
r,i g
014
8
o
i .
.111 1124 1124 1124
1174 1174 1174 1174
1274 1274 1274 1274
1004 101 101 101
1H4 lH 17 474
014 08 OS OS
784 814 70 814
h'l', 00 S')4 S04
1024 10.14 102.4 1014
101", 1014 1014 1014'
1004 1074 1084
10S4
Mi4
77
24
SO
104
0J
n
s?
704'
24
Ml','
104
014
304'
1074 100
MH
110
02
2.14
f.75.
124
334
014'
128
10
S04
70'
0h
704
80
104
02
304
1074 100
M4 r
804
104
034
104
New York Banks Lost 82,211,000 on Currency Movement
The known movements of money for tho week ending with tho close of
business yesterday, the dns' bank statement. Indicate a loss In cash by the
New York banks of J2.2-il.000. Tho point Is mnde that the losses In cash
tn.'-or smaller gains thnn expected, In a number of weeks past In contrast with
tho largo Inflow In normal jears, hao been duo to tho gold exports to Hol
land, which have not become public knowledge. The banks gained net by
direct exxprcss from the Interior $2,SS-I,000. but lost to tho Subtronsury
$5,125,000, with the result as abovo stated. The ofllcinl Subtreasury statement
shows that thero Is Included in this total $l,43S.O00 in gold bais, taken for
shipment. Tho banks received gross from tho interior $.".,203,000, ngainst
$9,835,000 in tho full previous week.
M H
V
SIG.OOO.OOO New York Central Stock Sold by Subsidiary
"""" The New York State Realty nnd Terminal Company, a Mibsldlniy of the
"""""New York Central Railroad Company, has disposed of $10,000,000 of New
York Central stock, which was held in its treasury. This stork was Issued
for Lako Shore minority Rtock nt tho time of consolidation late In mil. set
tlement with tho Lako Shore minority stockholders having been at $500 per
sharo in cash. At the time notes wcio hold In order to permit the Realty and
' " Terminal Company to buy tho Lako Shoie stock, which was eschanged for
" New York Central stock when tho consolidation plan became effective. It
was learned today that tho New York Central had paid off nil of its outsland-
Ins notes except $15,000,000, which mature November 1 next.
Midvalc Bonds Oversubscribed; Books Held Open
Announcement was made by tho bankers this afternoon that, although the
subscriptions to tho 5 per cent, bonds of the Midvalc Steel and Ordnance
M " Company had been hugely In excess of tho amount, they hac decided not
to close tho books beforo tomoirow. This is in order to give out-of-town
clients time to file their applications.
Youngstown Sheet and Tube Stock Off (il'j Points
CLEVELAND, Feb. 18. Stock of tho Youngstown Sheet fc Tubo Company
has been sold at 230, a dcllno of 6-Hi points from tho last previous sale. This
is tho first transaction since tho abandonment of tho contolldation plan, which
was to Includo Cambria, Youngstown and Lackawanna Steel.
Extra Dividend Declared by Republic Steel on Preferred
0 Tho Republic Iron nnd Steel Company has declared a 1 per cent, extra
dividend on tho preferred stock, to apply on the back dividends, and has also
"" declared tho regular quarterly divided of 1 ?i per cent, on the preferred stock.
They will bo payable April 1.
02i, 1114' 02
2.14 2.14 2.14
m A74 GO
124 124 124
3r4 3." 34
054 014 0.r4
128 128 128
20 104 104
714 714 714
ir.4 114 144
474 17 47
S04 80 S04
13X4 13-14 1114 1.U4
. 214 214 214 21.4
. 0.4 OJJj 0.14 o:.4
.804 814 804 804
.10.-i4 10S4 1014 10J4
. 10 184 184 18
4.5
474
80
1)'
884
100
47
20
374
a
404
304
;t
115
470
WHEAT WENT UP
IN CHICAGO MARKET
Reports of Hessian Fly Damage
in Kansas and Export
Buying Helped
CHICAGO. Tob. IS Reports of dam
age from Hcssinn fly in Kansas, a. bull
ish summary by tho Modern Miller, and
rumors of buying by export houses mado
the wheat mnrket strong today, after It
had displayed nervousness ind Irregu
larity, following a. show of tlrmness In
early dealings.
The rUe that was then established met
fairly vigorous selling of a good charac
ter, sending tho market down Lous
wheat came out In considerable volume
under the influence of statements by local
shippers as to the uncertainty of railroad
and ocean steamship tratllc.
TVhen the advices of inquiry to the crop
were published a buying movement set
In and tho list swung upward. Tho im
pression seemed to prevail that bulls were
accumulating wheat quietly in anticipa
tion of a crop scare when growing wea
ther sets In. Today's sales for export
were placed at 1,000,000 bushels.
Bradstreet's reported the clearances of
wheat and flour for the week at only
6.KS.U3 bushels the smallest in a Ions
time. May ended '4c. higher, at $1 23Ti.
after having been as low as $1 2S,i, and
July YiC higher, nt UK's, after having
been down to $1524 Corn also became
firmer following weakness.
Leading future! ranged as rc-nows-
New York Bond Sales
404
484'
174
704
204
t.04
130
100
1.17
884
10 i4
104
254
37
624
104
304
51
115
475
714' 724'
024 024'
1204 121
114 154
214 214
214 214
014 1-14
1104 U02
17 17
:o4 in
724' 75
104
47,4
10).
0'I4
204
004
130
'Wheat Open, High,
May . J.gul ;.$
July IfilW ,-4
Corn (new demery)
May W, Wf
Tnl'd'i
Ivnv, Noon, close.
1 2M; tl -Mi'-i .."
1.J3', IAI4 1.S3K
-Inlv
r. Oats
v May ..,
7S
linl
May 10.22
July. ,.,.,..10.43
nib
May U.60
"..July H.
Hffl-
May 20.70 2000
I5'i
7S
4s;i
7!4
7Mi
till
7SJ4
45
10 S2
10 50
11.00
11,70
10.22 1(1.12 10.22
10. 10 U0.BO 10.W
July
:"t
Jitd. tAiked.
11 fS t-H ,w
ll.W 11103 Ml l
20.70 t!0 ST 20 70
. . 20.ST '20.TJ
FOREIGN EXCHANGE
NEW YORK, Feb. IS. There was little
builnesa in the foreign exchange market
tn the forenoon. Pemand sterling con
tinued Una at 4.76, with cables quoted at
i.11. Exchange on Paris was easier.
Franc checks, 5.SSa, and cables, 6.87.
Other Continental exchange was weak,
crown checks on Vienna declining JO
points to 1300 and Swiss checks sold otf
slightly to S 23 '4, with cables quoted at
53Vi. L're checks on Rome, 6 69VI; ca
ble. 6.6S4. Itelchsmarks checks, 74 ii;
cables, 74! Builders, 12HS cables. 4SliJ
crown checks on Stockholm steady, at
23.29, Pesetas and rubles were unchanged.
Late In the afternoon the market showed
little or no feature or change and busi
ness continued quiet. Quotations: De
mand sterling, i 76; cables, 4 76 9-16,
relcnsroarks, 74H and 74 5-lo French
exchange was about 4 better at S Sl for
cables and 5 88, for cheeky.
KATES FOR MONEY
Call
-ftfiJft&M : :: : Mi
Uaston .... . . a
Commercial paser. Ibrca to U monlbj, Vhli
aaelv;it4. 5W34 Pr coL
Tin Plate Up ?5 a Ton
KBW YORK. Feb. 18 -Tin plate la now
SMWuli4 on the baal of H per box of
10 pounOn. an advance of S per ton over
tttte ptavtoM tase (irlco. Thla is uigheat
if ii- a Awui JJ-tf,
$1000 Adams Express 4 .
HxiO .Mner fot Oil 5s ..
.IT-'ihjO .nsln Vr 1. .s ...
1UO All Klioi . T 4a
tiifiO Anier Smelt Sii La
ti Anur Til clt la .
2IK Amer Writ I'ap Sj.
L-iutdl Ann Arbor la ...
2iJ Armour Co 4"s .
:M(kiii Atihlron Kdi 4s ..
loiiui) Allan Co I.lno 1st Ih
imuo Atlan Co l.luo la
-) Halt & Ohio tn .. .
-VKK) lldlt tc Ohio cv 4 lis
HOcK) Krnok Up 'lr ."s l'HS
.IMMJ (Jill G IS .t dec ."3
1 Cint Leather 1m ,ru.
1((X Cent 1'iie 1st Ih ...
IIKH) Loni U It N J .Ih ..
.imxi Ches w Ohio i 4'ss
11)0) Lhca A. Ohio ( d Is..,
liu mi .Nun sen 4s .,
n.'ixju Chi 11 4. Q Joint 4s,. ,
wui Clil u a. Q Bcn 4s
jiNi, i;ni u .v w 111 43
HlBll. Low Close
M1N -l7 sl
UT'j
Hl'j
SI
lll'j
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70'4
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IH'i
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114
ll.'a
70' a
. It",
. ir.i,
. tttl,
. II-'
. 'lit,
. H7
.101
. US',
.10-.'
. mj
.110
. hS
. 1)7
. !H'i
. I'S'i
. Ill
II '
11)10 Clll Jill A. ht V IV 5s. 1D7,
llO'i,
1HKII LIU M & ht 1 cv 4'
llHJO Chi Itnv .la .
2IJO0 Clov Sh Lino l',s 10Ui
l(xm Col A .South 1st Is ... lili
I OWI Del & Jlua rfd -Is .... Mill
2UDO lien A: Illo (lr 4s ... 7st
liou Detroit 'lunnel l'ss. . ui
2000 DIs hecur Corp 5a... 72'i
.mw i.riu mnv -is Her A
5001) i:rlo conv la Ser D
hoio Urlo prior -Is .. ..
7()iiO (Ircat Nor 1st
IIMM Hud A. Man In 5a .
llioo 111 Steil deb -IVi.s .
I( Indluiw hteel 5a
Soon Iowa Ceniral ref -la
uKt III Central rW ts. .
2000 do 4a 1U-.I
IIKKI Ins Copper cv l. a ..
21(00 Interb Met 4Ws .
isuiki inter" K T rer oa,
lilnoo Inter Mer Mar ct t'is
1NiO Inter Sim I'umii ct la
00100 Jnp.inefa new O H 4Hs 7(VTh
4V4S U5'i 11511 Il3'
0a 114'i lit)! IH'1
city 4Hs lnffl ... 1071,5 107W mi
5001) Lackn. Stpl .'.a 1'1't
110(10 Ijick.i bteel 5a 11)50
.UiOi) I.k Hli ileb Is 1U2S
IIKKI Louis &. Naali 4s ..
lOOii Manhattan M.i 4s ..
1MKW Minn A. St I. 4 . . .
10141 Minn Ht 1' S S M 4s
Waul M K & T 1st 4s
IMhsi Mont I'nwer 5s ... .
IMaK) Nat Tube 5a
moo N Y C St. II avis
JtKtlP UO -IS
i'0(iO do 4 Vis
J.ian,i on
40) N Y
Sis Hi K Y
lialil N Y O 4 W 1st 4s
1(0 N Y Itwy ret 4s..
20-'ik)l) do aill r, . .
llioo N Y htato IHs .
inono K Y Tel pen 4V4
Hit., Vnr, X. 11 u J.
W)00 Nor I'ao prior 4s ..
lixill Nor I'ao Ken 3s . . .
4oco ore Short 1. ret 4s .
llioo Ore Shore U 1st Us
1000 I'aclflo Tel Bs ....
1O0O l'enna 4s 1048
iuii do Ken ct 4hs ...
KW,) do en 4Ha
aioo l'hlla Co cv 1022..
H) Heading gen 4s ....
;t Hep lr H lit . ..
una) Illo Or & W clt 4a.
5O0O ltock Inland Ss .. .
1000 Itwy ht Krks 5s ..
2O0O ht I. &. S 1 rfd 4s .
100(1 St L Svvn 1st 4s ...
1000 Stand Ca tu
N.oo fcouth Hell 5s ... .
1000 South l'ac 4s
SJO.VO boutn l'ac cv 4s . .
4WiOu do cv ret f a 5a .
:kx Bouth Pac rfd 4s . .
OI00O South Itwy gen 4s.
hooo South Itwy con 5 .
looo Third Ave ad) In. .
100O Tol Peo & Vf 4s . .
2000 Trl-City la
IjOCO II H ltsalty 5a . . .
)00 U H Hubber 6 . . .
71',
. Il'l'l
. at
. -'
10.1
. .174
. Ml',
7 III
UO'a
77
1(K)
IH'a
: IB
:JSH
: ft""
mm
101
RU,
li-.l:
H5'l
1UI,
Sill,
101
IS',
1(11',
Mil,
US
fc7
1)7
IM'j
'!
Ill
y
107,
IW'h
us;.
loU
til 4;
lBa
7hlV
1111
?n
KI)
I!',"5
iu
10-1
7
Mi,
M,i',
IMv-j
74'
l.''P"
liS
77
7 Mi
100
II IH
IttU
r.
11.",
UK
n.i5
77
w,
mi
!)-
H.",
Wl,
!!-,
Jl ',
l'7h
101
'St,
IOJ
Wl),
Its
OS
1)7
111'-
lisvj
HI
!)(!
107
100'a
101',
1)1 J
ll'-S.
7M.
ft5
7ft
7Rt4
StljJ
in,
.11
nil,
ln-i
57
lH4
wit;
IH'.
741.
tl'iV,
?r
in!;'"
0-.'4
1)3
us';
1UK.
in',
77
mil,
101
vv
03'
R4
, . . . ( I v,
... IW
....in
. . . ll'IV,
. ... mv,
... ht;
i.ity,
oitj
10a
101
oo'i
iisni
02'i
in
7-S
47
014
7J
fit
1054
mi
Aatl
lOOil
lu
3T000 II H Steel 5a a t
1000 Union l'ac lit 4a
oo i;n iiwya h r u
Kl
77i,
m
ll'i
now
03'!
(JU1
03 ',5
10")
101
w,
10JW
loi.vi
0M
to,
DO
71
47
Dili
11
7V,
1)0
67V,
ssS
10oH
B
5S
lf HAU 10.IK
iai ioit lai
4T
hi
77',
111
111
WIV.
tnw
l)IU
100
101
cot;
id.
lOrtti
Ol'l
oo
75
47
01li
72
7SV,
!!!.
103,
73
10241
5S!
lu
mv.
. 41
UV,) Va Rwy 5s..... . . 9S41 UK
noon "West Klectrlo 5s. ial lai'J
loco West Shorn 4s , ,. Olii on!
HXIO Vbeellos fc L B 4 70 70
2000 lVIs Cent gn U 87 i7
Z -it;
.?
iivi
70
S7
Total sales, $3,180,000, compared ullli
3.S.O0O yesterday; thus far this tieek.
tu,02S,000) same period last week. S2;,.
Ohio Oil Extra Dividend
FINDLAY, O.. Feb. 18 The Ohio Oil
Company has declared a regular quarterly
dividend of 1 ,'S and an extra dividend
of 1 76 per share payable .March 20 to
stock of record February 21 Books; re
opu Hariri 15 Folluwinjr the announce
meat of the dividend, the stock sold in
ttew Yorli ut 237. uu IS points.
Am Smelt pf A . . . . OH,
a in hmeit pf ll 80'
Am Mecl 1 ounrtrle
Am Sucir Itrf . .
Am ''uuar Hcf pf. ...
Am Tel A "let . . .
Am Tnhirvi . . .
II Am Woolen lr rets .
Am woolen pf t r
Am Zinc U & Sm .
Annrondi Cop M .
Atch lop ASK .
Ateh Top S F A pf
Ilaldnln Loco Works
llalllmoro A Ohio
Haltlniorc A Ohio pf.
lhtoplla.1 Mlnlnif ..
Hrookljn Itip Tr ..
Uruiii T A It It sec
Hut In A Superior .
Cal rdroteum
Canidlan l'.iriric . ..
Central Leather . MH Ti-)!,'
Central Lralhcr pf 110 lOTi 10DU 103'i
i nesipcako A Ohio ,
Chile Copper . ...
Chlno Copper ....
Chlcaco tit West .,
Chlrico (It V pf .
t-hl Mil A M I ....
Chi Mil A M P pf .
C hi It I A l'ac . . .
Cluett Tea A Co....
Col I'uel A Iron .. .
C'omput T Hcc Co .
Continental Can ....
Consolidated Gas ...
Corn Products lief .
Corn Prod Kef pf ..
Crucible Meel . ...
Cuban-Am susir
Denver A Wo Cir Pf
Detroit Kdlson . lad 1J7
Detroit I nltid Itvs .. (-8 SS'3
Diamond Match .. .. 100U 100
Distill tec Corpn .... 17 17
Domo Mines L'.Vf '2CM
i-rfe :i7 .17M
l'rle 1st pf ?,2i .VI
1-rlc 2d pf 17 40'i
Fed Min A Sm ... II.' .Tl'i
Fed Mln A fam Pf .... fll o-l
(Jen C hemlcal pf ... 1 1,0 1 IS
Ocneril Motor . .. . IbO 1M)
(iuodrlch II I" 71'J 7j;,'
Oranhj Consol ()! !),-JH
(.rcit Xorthern pr. .. 120'i 121
(tl Nor cfs for ore pr . l.Vj 13'f
duccen i:pin . .. 21 J J 213,'
Hit Agricultural . . . 2J 21H
lot ARilciilturil pf .. (12 ()1X
Hit Han N J .. 110'i Un,
Int-Mct v t ifs ... 17b 17
Int 1 on Cor v I c sh. lll'j LS
Int Consol Corp pf . . 71ai 7S
Insp Con Cop Idjf
Inl Mrkel v I cfs .... -17','
Hit M M cfi of dp . . 1SJ5
Inl M M pf ch of dp. IJ7'J
Kan City Southern.... 2'i
Kan Cllj Niulh pf . 1,(1
Kings Co i: T, A P 1H0
I.-ck Steel 77J
I..icledo Cas .. . 100'
Lee Hubber A 'lire . S?j
I.elilch Valley 77
LoiiB Island
Looso-WHos 11 1st pf
.orlllard P Co
Markiv (os . . . .
M ij Dept Stores pf
Manhattan Shirt pf.
Maxwell Motors bfiJi
Ma Motors 1st pf ... 87
Mix Motors 2(1 Pf ... Sl
Mexican IVtroloum ...100
Miami Copper ."(!Vj
Mo Kan A Texas .... 5J
Missouri IMclfic .... .".
Nat lllscult 123h 121 M U
Nat Kmm AS Co ... 20
Nat Enain A S pf .... 07
National l.eid H'4'
Nat Hvs Mex 1st pf . . 2.-14
Nat Kjs Met 2d pf..
ev Con Copper . .
New York Air Drake
N Y N II A II
N Y C A 11 H . . ..
N Y O A West . . . .
Norfolk A Western . .
Northern Pacific ....
Ont silver Mln
Pacific Mall
Pennsylvania It It...
Peoples (las Chi . ...
Philadelphia Co
Pitts Coal Co N J...
Pitts Coal N J pf....
Plttsburch Steel pf...
Piessed ! Car Co . . .
Pub Serv Corp N J..
Pullman Co
tjuirkslher
Quicksilver pf
Ity Steel sp 10'i 11 -I0U
Hy Steel Sp pf 08 OS!,' 0W
Itay Con Copper 21' J 2.VJ 2.0
Heading ITA 7S!i 77f
Iteadlng 1st pf A3 42' -12'i
Itepubllc i & S S2j fl.i S2!i
Republic I A S pf 110 111 110
Itocklslmd i i 'i
Itock Island pf H
fall, ASK 2d Pf 7!i
St Louis A S p S5i
Seaboard Air Lino 17
Seaboard Air I.lnu pf. . ri7Jj
Sears Itoa A Co pf . . .120j
Shat Arizona Copper . .171a
Sloss-Slif f S A I pf . . 07
South Porta It Sus . -II!.'
Southern Pacific .... OOJi-
Southern Ity 20JJ
Southern Ity Pf 58Va
studebaker Co 110
Tenn Copper S8
Texas Co 207
Texas Pacific 71 i
Tobacco Prod pf 103
United Cljar Storei .. OH
United Clf-ar Mfn . . . COlt
United Dry Goods pf. GO
Union Pacific ViiU
Union Pacific pf H-Vi
V H lnd Alcohol 1S2
United Fruit Co 115H UOii 145
FRENCH NATION
SPENT 9 BILLIONS
FOR WAR IN 1915
Big Advances Were Made
to Aid Belgium, Serbia
and Greece
Sales in Philadelphia
111 Am Ilivvs .
loo Am 5".lnc
4-i lialil Loco
ll 1 lu IT fc Kiis
kio cam Hted
Illith.
.to
ti,
luoti
t c -tlU
Net
Low Clote. ChnnKC
.10 :m 1
1075 107J - 4U
":
I
FINANCIAL FUTURE GOOD
By YVES GUYOT
Kdltor I.'Airenro ncomlijue ct Flnanclere.
Special Cable )o the Jhentnp l.ciloff
PAItIS, Pel). H Tlio Ooveinmeiit tins
put forvvnid Its buditet for tlio second
finnrter of tlio venr nnd In cxplnnntion
lini allowed the totnl tost of uimiltiir tho
country from tlio bcKlnnlnc; of the vvnr
to tho olid of .Innunry, 19lf! Tho totnl li
11,115.000,000 frnnos, of which rxduilvely
mllitnry cxpcnies comprised 02,1V),000,000.
Interest on tlio debt vvns .7,21(1,000 000
1'njments to those, dependent on men
tnken foi the nuns ntnount to l,S01,000,0(K)
nnd tho aoveriiment'B pmclriHc of food
Tor the civil population 18(i,OO0.O0O. Other
PNPenseH were .I.CGs. 000,000 AdVnncei to
othor Power, not Including Iltissln, were
702 000,000 frmiei, of which 502,000,000 went
to UclRlum, 1Ci.O0O.O0O to Sorbin, S.OOO.OOO
to Orecce nnd -100 000 to MontrnoKin.
Tho stnte of tho trensury nt the end of
1815 showed the ndvnni.es of the llnnk
of Troiice to tho stnto have Incicnsed
onlv 1,175,000000 frnlics nnd bondi of the
national defeno In circulation have In
creased only 6,n74 OuO.000 This shows how
far wo ntc fiom liavinp; used up our re
serves
Meanwhile, from various sources. In
chidltiR the bonds of nationnl defenso
nml treasury bonds sold In KiiKlaud nnd
Amcrloa nnd the $"00,000,000 loan put out
in America the Uovctnmcnt nccumiilatcd
n reserve of lS.DOO.OOO.OOO frnlics, which
enabled it to keep well abend of the
secmlnir necessity nt the bcfilnnlnff of 191i
of drawing heavily on tho think of
Trance
One sees from this thnt the financial fu
ture of Prance l cumins hoi one.
41
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109 100 109
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TRADING FAIRLY
BRISK ON CURB
Tobacco Products One of Promi
nent Issues Ohio Oil Up
on Dividends
. Sl
'H rhino (onnpr . .1714
3)0 nice Stor .. . n:,
Icon Krlo . .17'.
i inc co n ,m. 20
Lio IjiKo Sui Coin 11 (,
.'4"i l.ehleli Xav 7jie,
40 LeliiiDi Vnl . 7714
.10 1 I.eh Vnl Tr ..22
210 rlo i,r 41
loo Xcvndn C0113 . HHi
Mil 1'enim Hull, V'i
. n I'll hnlt Mta. in.'ij
Mil I'enn Sleet pf . in
ion I'hlli O rum pf 41V
KM 'Phil 1 Uec 2S
21 do cosh . IS
20 l'hlla Trie . 7l)ii
lid Item) 1st prcf . 4 1
100 ha Itwy 20T
l() Tonra flelmont. 4',
Iss Tono JIlnlnB.. i.4
, r Vnloii Trne 4 1(4
sjs t;nlt Oos Imp so
2I.VI r s fltrel MH
. 1 W J t 8 .... V)(J
,lnn.W.Crnnij & 8 7il'b
I," ork Iluj . 111.
JO Ioi n of ... TO
Totnl miles, 7147 ftlmrm, nmmri1 with
IS.R.I liurrn yenlenln) 1 thus fur this vvirk,
10,11211 nlinrrtt snine pirlod Inst week, .IID.SIS
Blmres.
UOXl)".
JSOO A flis & III (Wo.",
ioco Con lr X J .-, tmil
4("H Illec A I'coT Is Sl'J
!""() Infte Uwjs Is tM
ll"") Kev Tel Int rs HI)
HKHI I. N runs IK.H.lmi'.
UKKI I. V (jrn Is .. tllli
turn I'n (-(' K-n I'is IiijiJ
:(ni ,0 tons 4 'a.. linn,
tOU'l Prop IMS t l Is M.IU
2II0I) I'nr ltd fis 1!)M 1(1-,(J
40(0 I'hll Co (on r.s H.'iJ
1000 l VV& II t c 4 WifJ
Mild I'lllll llltc 4s Nl
lono Horn ccl 4S rC(r (,-,n
1UK) do Term Ss lit,
Oi Stttiitl (Ins i,s 100
lii OO I 11 llvvy Inv .".a 72'4
srw HSVt I'riiIh sjlj
-flncreust - Ijccieicc
Tolnl Mile
100
hnme
BROKERS) BORROWINGS MODERATE
STEEL PRICES STILL SOARI
Local Iron Men Report Steadily Increasing DematJ
Philadelphia Electric a Firm FeatureGeneral
Market in Quiet Mood
Lou
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rs
to
10.1' i
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KKlS
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iiji;
iuii?
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tn';
l.V,14 t
Sr.H.Rnn. riimtmrpil ,. Ill, CI??.
M-strnliiM thus Hir (Ills uech, SI.I8,-0(II
e period Inst urck, ?107,H00,
Local Bid and Asked
mtdwln
Jtult ,v. 8un t c
(In or
lhiit. .1 (i ..,:;
Clin Mrol
Illfc KtoniRo ..
(irn Asp
do mtf
KPJHtOho Tel ..
do tr iKh ....
do prrf
r.-iKo Sun Corn
Lelilish .lnv . ..
LchlBh al
LclilKli n lr .
do nnf .. ..
IN mi 1
riiiin nice
I'lllll Co
no
To lay's Vcstcidny'a
Iltil Ail.rd, Hid AnVleil
.IIHUj HI) KIM'i, linill.
Occnslonally the position of brokers"
loans Is reported as nssumhiR such pro
portions ns to exert considerable In. it
dice upon tho local hank situation. In
(tulry nmonft the Inrrrest bnnkliiR ofllclnls
nunlii discloses the fnct thnt there Is noth
ing; In these icports of irenernl signifi
cance It Is true tint some of the smaller
brokcr.iRO houses may have Increased
their Io.mi ntcounts with the banks to u
moderate extent, nnd douhtlcss houses
whoso customers pin chased active specu
lative Issues nt higher prices havo held
on to n more or less considerable amount
of their lines Taking the situation by
nnd large, however, thero Is nothing In
tho borrowing demand ftom stock oc
(.linngo quarters to mennio tho sltunllon
As n matter of fnct, a number of the
larger brokerage houses, with clients In
the capitalistic class, have considerably
reduced their loin accounts.
There was comparatively little doing on
the liical exchange today, but the general
tone vvns llrm. with Philadelphia 1'lectrlo
in moderate demand o-dlvldond Tho steel
group vvns not so active ns of Lite, but
Cambria, Pennsylvania Steel and Ucthele
hem Steel wcro In request. Tho closing
was Incgutar.
Tho Street Is divided In Its opinion ns
to whether n holding company will bo
formed by the liethlohom Interests to take
over Pennsylvania Steel or whether tho
companies will bo nctunlly merged.
In steel circles It was slai.j .
that the order, !,.., ",."ta K
cut nro on nn M,n,n. . ."
foreign business showing tin .i . "
l"R The fact that prT&s arcSstM ',1
advanced Is pointed 0 ns ovM-S1'" k"l
continued largo .lemamf fromfe
mid by some It Is believed th. . 5 "
n wire prices nnnoutice, I by th? iSH
ntcrest are merelv forerunn.lI? !?
mer upturns in other nnUh ' '
Mnnv of the M.mller man ,facturV
receiving piemlums on nt j sort W
able dellverj. Pomidrv Iren0',1.0!'""''
(lemaml in this city n.,,1 .li.n..".'l
has hceii In previous weeks ivi-I "i'S
film, with No 2 X on basis nf nif.Vi"'
llallroad t. ansportatlm, "mlm"'
leportcd improved Mnnv inn.Vi,? "
In the market for Iron for .?,"
delivery, fonsldernble impetus S,.a
to the trade In this district by ,t'A
tonnage of basic placed reccn . i"ft
nenrby steel plant or n total 77 i' i
nil but 10.CO0 came to local mak
The minor of a posrlblo rccnnli.n 1
of llethlehem Steel seems to hi f'
in 1110 Deiier. (Hat Mr Sihnnh v ?"
huge holdings of the i,rofii,i L5 .N 1
to exchnngo that stock, which In 3
to a 7 pei cent dividend for ano h .. f"
which would give him gre.fe HSti?
lion In prollts of tho coinpany V
Informed clielcs. bow ever, this th.1
regarded with skepticism
PHILADELPHIA MARKETS
11
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. flliTJ
121 M
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07i
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21
7vj
llils
11
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n7'i
dSJS
24
i
a
0715
21
7'5
Ki'I lOJi
143 111
m'i (.9
1I15H KM'f 10-iJj
27 27 27
Wi-i 1174 117H
llS 112X UJH
8 8 S
17' 17 17Jf
57'f my, fi7)i
102H NWj 102H 10 IH
11. 42lj 42H 42H
:n W, 30 31
10a 100; 5 my, moH
ntsi ni'a nii oih
.io ail' nn'i mt
110 117 117 117
10315 1G2',' 1G?',' iran
SH Mi 51 ,)j
tit ;;, u4 vil
41
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2.".5i
784
4211
5.1
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127
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20)i
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127
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08
10.1
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20 hi
51
117
oS
United rtys Inv Co.
U bltubbci
U b Iiubbcr 1st pr.
U IS bteel Corpn. . .
U H Bteel Corpn pf .
Utah Securities
Utah Copper.
lOli
. o'J
.loo;
. 8.1) i
.U7
. 1814
SiH
Wabash 14li
Wabash pf A 43)f
Wabash pf IJ 202
West E & M . . . . 00
Western Maryland.... 201
West Union 'lei 8SJi
Wheel & LE 1st pf . . 11
Willys Overland 207
WUljs Ov pf s cf f p .J04JS 101
Quoted x dividend.
7U
0U
lay,
J7H
127
M75J
08
111
00
20H
63H
114Js 147
571i 57H
2073J 205j 2073i
I 7 7
10.1 J02J-S 102)i
0'f OH i)ii
50K S03f 59!,'
00 0J 0J
134U 1331f 134U
8.3 82Jt S2Ii
153 151H 152'i
14(5
iou
51H
1004
8JJj
UOh
1S!(
b5)
1-Hi
44
271,'
UllJi
27j
88
12j
lid Asked.
L'- IJ
Jill. MU,
41 4(1'!
.S 4
7". if'
S.I ss
III 1 w
16W 10!-i
5J S15
lOflVi lOflli
8jji wm
117
18(
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-uu
27J
CO'i
27Ji
8SI3
12H
12
110)
lhH
84
14
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2o;
eo
26'f
12i
205S 212
104 104
NEW YOKK BUTTER AND EGGS
NEW YORK, Feb. IsHUTTER-Market
etoady to Arm Ilreelpta, SJU package. Ex
In crfaraery, 3IVfi;l5c , higher scoilng, 33V.SJ
Sbc , htati) dairy, vBe3tc, imitation cieamery.
EC1G8. Market lower and unsettled Ile
celnto. 1?,47J caies Kilra flri, SJg23Vc .
flrt. 2S,&. white. 2S.M2DC., brown, KU
36c.; mixed, 22iifr3lc,; refrigerator belt, 18
ll)c.
LIVE STOCK QUOTATIONS
CHICAGO, Feb. 18 HOGS.-Recelot.. 35 .
OO11 head, market 6c. lower. Mixed and
tiutriiere. J7.U5i8 40. good heavy. 18 S1BS w
rouxb, heavy. 171)388.11. Uqt, l7.B3flS 33
pik-i. aa-.6 7.50. bulk, tsasJb. 0-",
CATTLB. Reccinte 2000 head: market
eteady Ueeve. SW 03, cswa ami beliera
M.73S8I0: .locker, and feeder.. $5 B0O7 1 T
Texan. ItLosJj 8.4.0. calvea. iOSSitf.M '
SIIBK1' -Itecelpt.. bOOO head, market steady
Natlva and We.tern, Jl.twes.Jo. lambs" "sTIi
BANK CLEARINGS
Bauk clearing today compared with cor
responding day la.t two year.
. . 191B 1819 uu
l'nliaOaipaU-7-io vu T2i 127 070 una tr, TC5 il
Aiwn, ur
llo.tun
Cldcaga
Ni:V VOHK. I'd). IS.-In the innrKet
for outside fceuiltlcM today npecnlntloii
continued fnhly bilik, with a furtliei up
t m 11 In tho londiiiK isHiir.i, while tho oil
stocKs tontliiiicd to inonoiiollzo tho l.iiKer
par t of tlio ti.idlnK
Tobacco I'rodncts vvns a Kill 11 0110 of tho
most iirominciit issues, nnd nt 0110 time
showed mi advnnco of 4 points on heavy
purth.'ibes, which vveic nttillmtcd to In
sldo account. United Clpar Stores vv, I.
moved up moro than n point. Midvule
.Steel vvns In fair demand at 11 small f no
tional climiKO. v
Aetna Hsploslvp was fnlily nctive nt a
nuiKC of i, Submarine limit was pi He
lically ncKlcctcd. In oil stocks, Ohio Oil,
on the aiiiioiinci'lttriit of tho dividends,
moved up sharply about 11 points and held
Ileal ly all the advance. Cosden Oil, uftei
movliiR up to a new niKh ictord, nt mi
advance of l'i, lost about half. In the
lower-priced issues, nmpiio Petroleum
vvns decidedly stronger on a better Inquiry,
nlso touching a now hlKh mail;. Wavland
OH nnd (las developed lonovved activity
at an Improvement of about a point.
Bonds were easier, but fairly active.
Indus rniAiiS
American Itrtttsli Mamif lettirinK
Atlantic Oiilf 1 IV I 8 S
do preicirpd
Anicrli an Marrnnl
AJix Hulili, r Inc vv I
CHnndlin Car A. Foundry
do ir( fern d
Chevrolet Motor Car
Chinitler MotnrH 1)1
Cul in C.u.p H't,,ir
CiirtlMH Arroplano
DriRus-Scnbury
DrlKKn-Sintiury rights phono.
II.iHkPl, Marker Cur
Hemic ILinuraclurlnR
Inter Mor M.nlnc
do prelcrrrd
Kelly !-prlnellPlil
Kntlinilion llrnne prcf
Manlinttim Transit
Maxim Mnntttou
Mldvnln S-lrel
Otis i:icvator
Otis i;tcvator vv 1
Otis Hlcvntor prcf
I'ocrlc&H Motor .
I'nolo Knuliio A. Macldno
M Jo'ieph Ind
8 S Ki phkp w I
Standurd Motoru
Submarine llnnt v t e ctfa
TrlniiRlp Film v t ctfs
Ilnltod Prollt SliarlniT
II I.lKllt , 1lP.lt
U s I.luht . licit prcf
White Motors vv I
World Film
srA.NDAim on
Illinois
Ohio Oil
S O of Caltfornli
S o of New Jersey X U
S O or New York
OTHKIl OIIi STOCKS,
Harnett Oil
Cosdpn Oil
chilmers Oil
Houston Oil
Mldwpst Itdlnlnr;
Sapulpo,
MINING STOCKS.
Atlanta
Cerro do I'asco
Ilutlo u & '. t ctfs
Unite . N Y
First JCatlonal Copper
(ioldlleld Merncr
Hccla Mlntnir
Howe hound . ...
Jim Ilutlfr
Jumbo Fxtpnslon
Kennccott Copper
McKliilpj -Darr.ish
Mtnrs or America
Nlpts.ini; Mines Co
San Ty 1
West l;nd Consolidated
West Und Hxtenslon
Mat'iia
UONDS.
Drlo nishts ,
llaltlmoro & Ohio Bs
Ccrro Us
Midvalo 6s
'i
17
110
It!
4S
S
"ll
I.S
lTi
11
looii
11
110
a?'
-
:it;
Ti
l'i
IK r cent nrpf
In (J DPP fPtlt. trif
IMill-l H T .......
.1.. . ir..
...,,, mio . ... ... 11, ',
I,. . .n... .. i I
i.i.tillltK -ij
lull Itel , pv;
'i;"nMlii ),
Fn 'luiL I.p;
11 ci 1 :::;; sW
t; sicpi mi,
orK Itwy in
, '" I'.rcf .'I'l'j
vV 111 Cramp t c 7J
Ux-illvlilcnd
(Jij
1.11
:n
71',
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111;
7l
Ills
Mi
II
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1 i'i
in
mi
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11
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711
II ' 4 J '
fi'nj mm.
;i'.i 40
nt H14
ic 1 .it
71 71',
H'i ii"i
ii'dj 70
ioi, ni,
77 77Va
7(,'(, 7.
I'M, Villi
llMi 4 I
.17 r.7'
:,! .17
li', ni,
ll'i, lilt,
111', HIT,
77. 77',
4 lb
l.i, l,t,
l'i It
SMI. S'l
fl'i s.p,
I) ll'j
.Tl 3-)5
sunsiuiAitins.
1MI
L-l 1
".(N
.....111)
....L'I J
4')
311
17
7
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7
7(1 U
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io
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77
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411
7S
n'ij
JtALLV IX COTTON MARKET
FOLLOWED AX EASY T0XE
Spot Houses Buyers of the Mai eh
Option
1VHW YORK", Fclv IS. Pinctlcallv the
only subject discussed befoio the openlnrr
on tlio inttoti cvchniiRO this nioriilnr; was
lira Intoi national situation mid ninny
bearish lcvvs -wcio cpicssed liv trndeis.
As soon as tlio business bejran thero was
liquidation of Match contiacts, and this
affected all tho other options, 5,0 tliat tlie
mnihct hliouotl an easier tendencj.
Tlio pi Ices of the nctlvp months -wcio
down 0 to 8 points, with September de
cline a points. Spot houses weio biijois
and theio was covering of sboits No de
mand from any other quarter vvns noted
and tho dcllliij; was qulto general.
"While near innntli liquidation continued
moro 01 less lu evidence, In tho nfteinnnn
tho volumo of business subsided Snot
bouses i-epmed wIHIiik bujeis of Mnich
HKiilnst sales of tho latter spilng innntlis,
and this tended to take piessure off tho
mailiet, vvhllo tlio -volume of liquidation
had been sufficient to KUBBe.st ii material
1 eduction In tho old long necount. There
was still a feelinff, however, that nny
lally would meet lucrcm-ed offerliiBS of
lonK cotton, and the marltet seemed to bo
attiactiiiK comparatively little fresh demand.
Yes. C!op. Oprn
.... 11 ::j 11 ir.
11.7, 11 l,S
11. VI
is ns
IV! a J
GRAIN AND FLOUR
AMII1AT ltcpclpls, HO.I.S-, bush Tlio mir
ket ilcrllned 1c oirly In tho daj. but nfter
w nrds recovered tho lops nnd rinsed linn
Demand vvna fair. Quotations Car lots. In
pxport etovnlnr Nn 2 rpil. put and Fpbriiar.
I..I'1WI .11. Nn B Sonthirn rrd. $1 IPiM ll
strnmcr No. 1! led, Jl .tmrl I-' No a red 1 Id
m. IJ. rejected A, JI.J7"1 'J'Ui. relucted 11.
Jl.JIWll VIS
COItN Itppplpta. 2or,:7 bush. Tridc vvns
quiet lint prlirs held Bleady IJuotntlons Car
lotB for local trade ns to locitlon Nn 1!
vi How, vjKytslK.p steamer clIovv, smsje.,
No .'I jeltmv, 77fif7Sc . No I jellow. 7ri1(7Uc.,
cob ppr 7n ll) . v0e.
iia rs -itpi pints .tnnci imsli. rrlrcs wero
stp (dll) ninlulaliicd, hut trade wan iiulpt. Quo
tations Nn 2 wllllp, .1ltUyT.17p. Rlnndird
while. .1IU.TT"1e . No. I while, Mlt.llc. No I
white, fllfiltp , Fninnlo oils, 45frii)c, purillpd
onik, crude I. IMflV
Fl.OlIIl. IlpcefiitH, int'I bids nnd t nso,7Ml
His. In suks Thrrp was llitlp trading nnd
tlio iitirket was laicrl) nominal. Quotations,
prr 111(1 lbs In wood Winter, clear ?,"(..'
i Ml do . stialsht. 1 UUlt 1.1. do . p ilent. Si! "1
lid r,0. Kansis, pIp ir, Juto pai ks, $1 Mlir, 7.1,
do stralBlit. Juto sneks. fl IHifiil 111, 1I0.,
pitent Jntn s-iiks, Jil 1.111(1. in. snrlnp llrst
dpiir. Jl wwiil: do . strnlcht, Jl twini 11: do.
pilcnt, JU l.'flll HI, do. ruvorlto braniis. JH.7.1M
,.r,l pltv mills, iliotro nnd fanc pntont,
fit 7.107 Ml, do, remit ir cr.idea vvlntpr. cleir,
$10111,1 so. do, do straight. Jo lKlfiU.11; do.
do , intpnt. JC2.Ui ll 10.
IlVI! Ft.OfK was lu Rmnll siipplv nnd
stenii lot ipilet Wo n"oto J.1,K.a per bbl
ns to qualm.
PROVISIONS
There wris n fair Jolihlnp ilcnuuxl and tho
in irkct rulcl firm Quotations mica, ns fol
low p clty benf. In Bt'tH, smoked nnd air
ilrlrtl UlUlfV . Wcntcrn licof. In KOts, nmokcil.
"Hi'J'it cits lierf. knuckles and tenders,
Kinokeil nml alr-ilrlril, irJTt. ritprn loof,
kniu UIps and tenders, smoked. "tfil!ic. , beef
hi inn, S-'i m, pork, family JJ-Wifr-n, lianiH,
S tuirtd, loosu, l.iflltlc . do. Hklnned, Ioovp
Mc , do. do.. Hninktil. li'iiil1 j . other
him. Kmokrd. clt nred. an to lir.iml nnd
noinKc t"fll"(. . linmn smoked Actin
cured. idijfilTL , do, boiled, honelcha, l!7t .
Plmic sliouldcrx. S. P cured, loose, 10 hi .
do. smoked, 11 Mi lli1 ti lieliles lu plekle,
arronllnif to nwr.iRp loose. U'jfiinc. breik
hnt bamii dm to brand .mil nctJR'. iltj
Hired. IVttUii , brrnkfaHt bacon, eHlcrn
tund 1 ."fii in 1 trd Wi stern, refined. In
llerccs, ll4r , do, do., do. tn tuba. 1 lir ,
do pure .lt. ketth lendeinl In tierces,
ll'ic . do., nuro cltv. kettlo rendered. In tuba.
U'4C' REFINED SUGARS
ll'y.i.we's'iini: 3 lbs nnieeo ISp .m.n
IBWl-c, fowls, In l,bU dryiSlclflS'"""
lbs nnd over, iiplccp. 1I)i.r mJii5d' .'"tr 1
!.. niin;f
MJ',if'"LJ welulilnir uiLfi.-iii, iS,'"1.y
iifiiioi .oilier VVpstprn vvclchlnr I iV. "i
over. In hntos. lswinr . i ;iiBt,?F. lt ii
nJ!...?!'W-l'i. !..' Jn hoxeV. liiff'."
ivriBlin :w,;p b, , ,
-n.:nn per lb-tf.!.?
lip
nplppp.
tne
V pslprn
1(lp. inferior.
inir Mini) ins
.'itrzuc.
We . d
sprliiB
kppsp. in in 111. ldlilfir , ,Io
(.ijii.tiin iiit U07Pn Willi
i7J?2i!c ,
, uu , ram.
to Rood, 1261V.1
V'lcrn. no '
p weiehlnp 11 .. .1
"3.rPr "n, JtiifliiT.'l. white. viih J.'i
to 0 lbs. ppr dozpnt Jiki.io vvlitc Sl!
H lbs. per docn fln.inn, vvMtc ,irhGfT
lbs ppr do7pn stf,(K,r,rn wh S IZS,
ail". Iln ppr docn JI2.11i3.75 dark SiV
smill nnd No. 2. fl.fiuw.! Wll5i
FRESH FRUITS
Thprn was llltlo trading nnj the mirtj
ilioivml no linporlniit. pIuiirp VjSotffif
.,iiiii-n iplt uni .lonitnnn fancy. il"vTi,
yJ I - Inc-nD. riS
fair to Bond
I Jl. Ilaldwln JJ M, I si ni ,Vk t n3
m rirlnics' (Soiiion, jj-ogi nrctnlnj g3
o'.!. iW "nt'Prlal J.", t Up,, Davis fi2
ii(l ID. nmilps. in bulk, per ion lbs'? akii 5
1 lorldii per era Ip J2K I tancrinci' TtaM
Ir. stinp. 2 liifl I srappfrull. 1 toiSrS
crnip, fi .iujr.1. lemons, per box J.I8I piS.
HlinlPi Uni- rrnlnin... 'in.- J 0,1
sii .in.1 Vr,Mh;,v;i.." '.'"":.' .,. ioni
tiu, no , c-iipo toil
111)
Cape Cod. per bbL, n
J21i2 straw hprrlps, F orldi. rcr ouirt rl
frlKcrators. lirj UK . open crltes. liS.
VEGETAHLES
riiolro stork win In fair rpoueit uni tn
prnlly Ftrndy as fnllovs Wlilie MtauJi
ppr liUHipl-l'cnn i M 1.14,1 20, ,s v tlS
10. MalriP. Jll.Hi I Li). VV'pstern noil?
uliltn poiiiinps Jorso. ppr basket-No '
.f.lV '.'.'.' No ' "tlier varieties (fl70c ; Xi 1
,'l'ifilllc surpt potatops Jprscy. ncr b.k,it
iiinriio , No 2 l.'.fu.v , sucet poutopi
1,
hlRlipr. Wo
c . powdered,
soft guides,
March
.May . ..
July ....
Ottohpr
Dciemhcr
lanunrj
bput ....
..11 !)1
..IJ 14
. .12.21
..u:il
. 11 W
Hlsll. Ixiw. I-ist
11 11 11 .'I 1 1.1 J
11.7S 11 IH 11.7S
n.os ii m n n7
12.11, 12 ni 12 1(1
IJ I) 1J20 12 Kl
IJ II 12 27 12 12
11 .1.1
Liverpool Cotton
I.TVIIRPOOU Kcb IS Spot cotton
was quiet and 7 polnt.H lower on tlio bawls
of 7.82(1. for mid-upland. Tho sales acr
Kreuatcd 5000 hales, liitludiiiR 3000 hales
Amcilcan. Tho Imports wero K000 hales,
nil American Tho market for futuios
closed htendy at a net advnnco of ' point
to a decline of 3 points.
Financial Briefs
ioi;
no
DO
oou
LOCAL MINING STOCKS
TONOFAH STOCKS.
Jim Tlutler
MacNamara .......
Midway
Mtzpah Ex(en!on .
Montana
Northern bur ....
Tonoiiah llelmont .
Tonopuh Kxtenslon
Tonopah Mining" -..
ltcscua Fulu ......
west una
QOL.DFIBLD STOCKS.
Hid
. ,1)1
, ,02
, .1.1
. ,11)
. .21
. .11
:S
.70
Atlanta
Illue Dull
Ilooth
llulldor
COD
Combination Fraction
Dlamondtleld li U ....
Ivlsv
Florence
10
01
'IS
02
0.1
07
0J
01
IT
lioiuneid uii.uiiuatuu ....,. ,UU
floldHeld Murser in
jumoo gAlBII.IVU
Kevvanaa .......
Oro
Sand Ken . ...
bllver Flck
Falrv Aitoo
Klmberly -.,
Nevada Hill . ..
'.Vrliona tin .. ..
Nevada Wonder
MISCELIiANKOUS.
.1.11
.17
.01
,0D
.01
.01
.01
. .17
. .'10
18J
Askod
.07
Ol
111
2d
2S
.1(1
lt
4 7-lft
flt,
.OS
.78
.21
.01
.40
.01
.01
OS
.01
.OS
,4't
.02
17
1.20
.IK
,00
.07
.00
.at
at
.20
.12
1.87
Approve Erie's Financial Plan
HEW YORK. Feb. 18,-vU a special
meeting of the stockholders of the Brie
Railroad Company, held at the company's
ofllce here this afternoon, the financial
plan announced some weeks ago was ap
proved by a large majority vote. B. s.
Venner registered a formal protest
against the Issuance nf convertible bonds
provided for In the plan Otherwise no
opposition developed. The details of the
plan were published when the original
announcement was made
BAB SILVER
t'omcnercial bar silver in Now York was
CKc-. uo$bao4. la Lonioa SOVL. m
slasesd, '
A snlo of $1000 Port Rending Railroad
first mortiMRo general G per cent gold
bonds was made at lOji,', on tlio Philadel
phia Stock Rxchnnso, and tho Issuo later
was bid up to 110 This Is apparently the
llrst timo Port Itcadlnc; 5s have told on
the local Stock j:c1iiiiiko In moto than
eight jcars, tho last picvious tiansaction
having been November 20, 1W7, ut 100. The
total Issuo is $1,500.00) The bonds nio duo
January 1, 1341. and pilnclpal and Inteicst
nro guaranteed hy tho Philadelphia and
ueuuing Railway Company.
Pajments through tho banks as reflect
ed In clearing-house exchanges continue
In very lurgo volume, tin total this week
at tlio pilnclpal titles In the United States,
according to Dun's Rovlevv, amounting
to $3,913,953,312, an Increase us compared
with tho 3J.5?l,559,41t of t. o same week
last year of 51 til per cent., and of 29 6
per cent as contrasted with the $3,020,.
3S3.127 reported for the corresponding week
In 1911.
The Subtreasury gained $167,000 from
banks esterdayt making cash net gain
since Friday of $5,123,000
The market ruled llrm and
iiuoio Ilxtr.i flno irrntiututPd. II!
(I lip lonfectlouciH' A. (t l.lt
.i. lUi oo.
DAIRY PRODUCTS
lUTTIUt Pain Rtnik hoM fairly nnd nns
well clo.uipil up nt tho liti mlinnrr. Iollow
Iiik nro tho riuntntlniiB WeKtoiii frcBli. nolltl
Piiikeil crouiiory, f-incy cpfdats ,J7'jt oxira,
'."ii , cxtrn Hint, .1 l-vft fi"n. llrsts ..O'u 'ji
ppcoikN, -7fi-S , I mIIos, '2ri(-lc,'t ticnrlij
pnniH, lamj, ii nrrnpft cxtin, miv
trtf .J-Ti i't eininlH '.MKi Mi Hpc.Ial fmuy
l)r.nnl of prlntH jobblnf? at 4Jfi l.V
lUHiS Tho in irkct iiilctl Rtontlj unilpp inol
crnto offerliiBfl nnd u filr 1em uul rolloulnt?
nro tho (untntlnn8 In frco oass, nr.irhy
cxtrn, -7u per doz , nenrby MrstH, J7 0" por
Htiiudiird (ahc npirln Lunont roci'lptH. $ (I PO
I or iBo, "WfstPrn extra flrts. $7.01 per case,
do. MiMs, JU .K) per t.ie Southern, per cise,
$i0 7.", as to quality. faiK Mluctcd inndlcd
tffps wero JohhliiK' at -MHi ile per do
HIIIK.Si: Demand was otil moderate, but
the nurkrt ruled llrm under llfiht olftiliiK-s.
iuotatlona Jsew York, full crcun, faiR.
Iield, 18U1tISe., do., do, Tnlr to Rood, held,
li'ijlS'c , do., urt HklmH, llffltie.
POULTRY
JAW There watt little trading nnd the mar
ket wni unchanKCiI. J(Tcrlm;y wero modeinto
hut ninple. i'ollnwlnp nro the notations
rotih, ,ia to nlze and quality, MfttXt . roosters,
lilffiit , 8prln rlilckeiip, soft me.tteil, lii!'jOi ,
do., Bt.irTK. UTilttc, turlos, iiwuc , dtn ks,
ns to plzo and quilltj, IKil'Df , ecae, I7i llt. ,
plR0on, oM, per pair, l'i1iJS., do., ount,. per
pair, IMiJOl,
nitISSi:u nennml was sufficient to ab
sorb tho limited receipts of line do-fdrahlo-sUed
Block, prUts of wblih rulr t
firm. QuotittlouH follow riewli killed, .n..
packed 1'ow la, IJ to box, dri Pitkrd
fancy, erletted iO'.t , wefRhlui; t lbs nr i
over npiei-c, uc
Va., per R. 5 UtOin 75, onions wrE
baKo Umlsli per ton. SIl.15, do, 1-U w
(nmper. tOfi7Ce do ,S V . per crate iji
1 fttt, celery, N, y, per bunch. SfiTJc!
niilniich, Norfolk per bhl , 71c Si $1 kaleT N01C
folk. ,pcr Mil JilftfiSi , lettuce, JU., per
basket V)c(If$l.S"l. do.. N C . wr biikL
. n'?l. Peans. rin . per lnnket, fj 2St9lB i
rinnu I'tn nn. l.nclrn 1 riAs,t ...
,-v..f, ,, '!- I'irni't i IIUIU, VVUVrTM Fll-
per carrier $MMtl 7.1 epcplant. TJi , per
(rate, (jr.d tomttoea 1 la . per cirrler
r.incy, $3fianu. choice. $J1?. DO: mujhroonii.
per 4 -lb biKkit. $ft 10
.t , wefRhlu'i; t lbs nr i
wttRldiiK 3'j lbs. uplfvt,
I Harrison Bros & Co. Inc. I
Preferred Stock,
1 Bought, Sold and Quoted M
vK&2mmmmw,,w1Jk.M&.
The
Guaranteed
Mortgage
jUIEETS the needs
of the most care
ful and conservative
investor. It stands the
test of time, is unaffected
by adverse conditions,
sure of prompt income,
non-speculative and un
changing in value.
Circulars on Request
Philadelphia Company for
Guaranteeing Mortgages
Wllll.im It Nicholson, President
l.iiiul Title llullilliitf, I'ullndelpliln
I1IVIUENIIS
lilt: A5IUU1CAN GAS COJHMNV
101 Market Street, (.'unidtn, n. J.
February 13. 1916
A quarterly dividend or SS. or f 3 00 ntr
tuire. has been declared on the capital
stock or thlu company, payable March 1
lOIU. Io the stockholders ol record ut :l
o'clock 1'. M., February IS, 1918. Check,
will be mailed. ""
J B, TOWNSEND. 3d, Treasurer.
DIKEOTOUY or ACCOUNTANTS
Certified futllo AccoimUnU
IJl-WKHNtB F BUOWN e(0
1015 liail. TATE TBI bT ULUbljjQ,
iiolusa & bpkkmajm '
I'ts. JJewiii,
HOME STATE
INVESTMENTS
No. 1
Wo Offer nnd Recommend for
Conservative Investment
First Mortgage Bonds of
a Steam Railroad Opera
ting in Pennsylvania
Largo property values, good
earning power and an acthe
sinking fund, indicate the abso
lute safety of theso bonds.
The investment yields about
5
Tax Free in Pennsylvania
Detailed circular on application
Esward) BL Smith &Cq
BANKERS
Estibusiiid 1803
Urmltra New York and PhlloiiltM
Block Exchange,
Hboid ind Ciimtnoi Sn, Pmuti.
to Pi.nb Suirr Niw I
Capitalize
Your Profits in
Cambria Steel
by investing in
High Grade Bonds
bend rur Hat or ofTerluKa
MELLOR & PETRY
Members N. Y. & l'hlla. Slock Kicliamei
330 tOMMEItCm. Tllllbr IIUILUINO
t
V
Underlying Bonds of the
Montana Power Company j
Butte Electric &PowerCo. j
1 I3l llUdVU 4lo-D-
Gold Bonds
To Yield About 5$
The Butte Electric & Power
Company properties are op
rated as an integral part ol tne
Montana Power Company.
One of the most notable con
tracts of this Company b fy
furnishing power to the uu
cago, Milwaukee & St. Vf
in connection with the elect
fication of 430 miles of HI
main track.
Send for Circular No, Ml
WilliamP.Bonbriglit&Co,!K
MORRIS WISTAR STMuwvi
Manager ,,
437 Chestnut St., PWhcWpW
New York H'n Vtrf
Wm..m1"1c"br.ghttCo. PoDbr..
Home Owners
Opportunity!
THU MORRIS TtiAN ct Ifn ,
lnn.lm.,,1. la llio lileal ITieanS Ol "
iiiB iunua to pay taxes, mortgage Interest or io mu
repairs.
Loans mado at business men's rates. Repayment
easy, Over S9QO.00O In loans, averaging J100, already
paid out.
Supervised by Btato Banking Department Details
on request.
PRNNSYVANIA
LOAN COMPANY
LOUIS J. KOLB, Pret
1IOYA.RO Jl IlBtRY, V Prti.
It LEO HVl'T, V Prci and Treat
1507 Arch Street
IS
S