mmiimMWj)!iiWiywwii
V" X- tt- "-visr,intj W-1
ffis y.'ryfHgr''f agwto-r-syyr -? -- -iawiMWHp
T.mnri 'PTtTTrAntnr.P'FrTA xpmnAV. MAT?.riTlf 3. 1916.
T BaKiiiii t "...
i
; rf
FTNAKrrTAT, M171W.Q
'""lif t i i , j .i. 1
V.
-FLUCTUATIONS IN STOCKS WERE
NEARLY ALL TO HIGHER LEVELS
American Locomotive Helned bv Statement That New
v York Central Had Ordered 150 Locomotives Some
of Railroads Showed Betterment in Late Trading
High Points in Today's Financial News
Lacfcaivanna Steel enjoyed a good year, showing a surplus equal to
-6,93 per cent, on the stock, against a deficit of $l,0B2,U5 n 1014. No
prospect of dividend on common stock of SlosS'Shcffield at next meeting
of directors, hut preferred will be declared. Wall Street heard that Dis
tillers Securities will be put on dividend list at 6 per cent, annual rate.
Domestic buyers leading factors in steel market. 'Midvale Steel and
Ordnance will be listed in Philadelphia the latter part of this month or
first of April. Negotiations about complete for iew French loan of
$250,000,000, backed by foreign State obligations as collateral.
New York Stock Sales
lllnh.
8J,
20M
27M
77
08
BO
111
((H
101
Low. Cloift.
bh m
10K 20H
27K 2751
70U 77
CO 07
67W 68H
1HW 111
(55 00!
lflOM l8!i
4ft
I8H
22
-UK
70J
47
28W
21
39J
OSH
4S
2SH
22
41
70JS
NEW YORK, Mnrch 3.
Tho Interjection of politics In the spcculntlvo situation throughout the
rabid debato In tho Somite was regarded with satisfaction by lending financial
Interests, Mho havo long hold tho view that politics must enter Into tho mnrltct
at somo time, and tho sooner Us Influence Is measured tho more contented
Security dealers will bo.
At tho same time, tho speeches mado after the tabling of tho Clore resolu
tion caused hesitation on tho part of purely speculative buyers. Other buyers
havo acquired tho habit of waiting for concessions before making any pur
chases, and the checking of bear efforts gavo them little opportunity to add
ft) their accumulations.
Tho over-night news was generally construed ns favorable to the long
position, and tho voto to tablo the Qoro resolution also strengthened speculative
sentiment; but there was still tho samo disposition to pursue a waiting policy
.' In many quarters that has prevailed since tho beginning of tho week. Where
' fluctuations occurred, which were worth noting, they were In nearly all cases
In tho shape of advances, but movements oxtendlng to more than fractional
limits wero confined almost wholly to a number of easily moved specialties,
like Mexican Petroleum, Studobaker and Amorican Locomotive.
Tho last-named stock wos 'helped by tho authoritative statoment that Now
Tork Contral had given It a contract for 150 locomotives at fair prices, and
that tho company now has on Its books orders for alt the work It can do for
a long ttmo ahead. Tho pool In Corn Products mado that stock show a strong
tone, and pool activity was noted at times In a few other issues, Including
Central Leather and Goodrich.
' In tho lato trading some of the railway Issues made moderate Improvc-
ment. and thcro Wero Inrilr.atlnrm Hint anriilnlvn Ininn.) I. -.,.i..n.. u.t
lj devoted to this group.
Tho conflicting positions taken by tho Rock Island directorate seemed to
lifdlcato that tho company will not carry through its program to default on
tho interest on J95.000.000 4s on April 1. At the close nearly all tho active
Is3ucs ranged above yesterday's final prices, with the market tono hard and
tho waiting list of buyers apparently larger than It hns been for a long time
past. No important changes wero noted In foreign exchange.
No Prospect for Sloss-Sheffield Common Dividend Now; Earnings Good
"Within the next two weeks the directors of tho Sloss-Sheffloid Steel and
Iron Company will declaro tho rogular quarterly dividend of 1 por cent.
on the preferred stock, payable April 1. Thero Is said to bo llttlo or no prob
ability of tho common stock dividend being resumed at that meeting. Tho
report for the fiscal year ended November 30 last is now in courso of prepara
tion and will bo presented at tho annual meotlng of stockholders to be held in
Jersey City on March 15. It Is understood that It will show earnings equivalent
to the three quarterly dividends paid on the preferred stock and a surplus of
about $170,000.
, , , tst close.
ajssm J ooirt Mints. . 0
Alaska Gold Mines..,. 205
Allls-Clttlmcrj Mr..., 27
AHU-Chalmcrj life pf, 70
Am fleet Suear........ mu
Am Can 07
Am uan pr HO
Am Car & IMy , c.5
Am Coal Product. ...ton
Am Coal I'roil cf. , . . . 1 if.if llfiii llfiM 115l
Am Hide A Leather. . 0j nw oM DM
Am nine s i, pr...... 40
Am Ico Securities...., 2814
Am Linseed... 21
Am Linseed pf 39)
Am Locomollre fiiu
Am Locomotive nf. ...tmi lnnit lniiK 1()0!
Am Mult Corpn pr. .. 3.1 :nl 3Mi WU
00H OW Df.JS W8M
02? i).1 P2f I)J
io! mu -wh now
109)1 ionf 1004 109'i
127U 197J I97lf 13lf
Am Tobacco Ml 101U IM Ml'f
Am imbacco pr new. . . lOSM 100J 100JI lllfljj
Am Woolen Ir rct. ... MH r.ou f.5 r.-im
Am Woolen pf t r f)8ij D8,' 0S!f OSjf
Am Zinc 1, I. Sm 77'! 78ij 78 7Slj
Anaconda Cop M S-lJj HoH F4H S.rtH
Associated Oil 081$ 08 08 (IS
Atch Top & S V 102 102'4 UUii W2'i
Atrh Top ASF pf. . . 102 Ml, 101 H IM1
H.lld Loco Works 101'f 102' j 100 1024
liald Loco Wks pf 10!m 10'J 10!) 101)
Halt A Ohio K,U kt)'i .v'(l M!
Halt A Ohio pf 70 7fi'f 70W 70'f
Il.ilopllas Mining 2 2i 2 2
Itcthlehem Steel 40t) 408 400 408
llullerlrk Co 20'J 20?i 20'! 20JJ
turns iiros 82
N. Y. CURB PRICES
SHOWED STRENGTH
Midvale Steel Up a Fraction
and Rights Also Improved
Oil Shares Quiet
Am Kmelt A Itcf
Am Smelt pf A.. ..
Am Steel foundries.
Am Pimar Itef
Am Tel A Tel
l)uh Terminal
81 81
HI
lliVi 111!$ HI'S 114!j
Untie A Surerlor 02'f !).'! 02'f 025
Oal lVlrolcum 27'f 2S 0'i "S
Cal lVtroleum pf C8 M',' r8 .'.')(
Canadian .'Southern.... r7 o8)a flSJ tfiH
Canadian Pacific 104f 100 10IU 1011
Central Leather r.-'U r,: aik r.t
Liianuicr aioior 00
17.4
Chesapeake A Ohio.... 014
Chllo Copper 22Jj
Chluo Copper fio'j
Chlcaco at West 125
tm am st I' o:)4
ini iv .xonnuestern.
Chi It I A Pae
Cluett Pea A Co 7n
Cluett l'ea A Co pf. ..Ill)
Col Fuel A Iron 40'f
Col A Southern 27
Comput T Kec Co.... 4fl4
Continental Can 70'f
Consolidated Gas 132'
Con G H L A P nal..lM
Corn Products Itef.... 214
Corn I'rod Itef pf 00
Cruclhlo Steel 72Jf
Crucible Steel pf 1)2
Cuban-Am Susar 182
ueiron united Hys... So
uiamonu Match
uistlll Sec Corpn
014
22T
of
124
o:i;
004
01
124
0.!f
03
014
22,'i
cn
124
ma
NRW YOttlf, Jtarch 3. After n gen
erally dull opening, with small price fluC''
tuntlons ns a rule, the market for outside
securities developed a firmer tendency,
with Increased dealings In spots. The
fluctuations, aside from four or flvo Issues,
howover, were within narrow limits.
Atlnnllo Oulf nnd West Indian Steam
shlji shnrcs developed considerable strength
nnd activity after tho announcement of
the dividend on the preferred stock, tho
common moving up 1 ,4 and tho preferred
2 '.4. After high levels wero reached Blight
reactions followed on prollt-taklng.
United Profit Sharing was nlso active,
advancing about " on rather heavy pur
chases. Midvale Steel moved within a
frnctlon. Tho rights Improved slightly,
whllo bonds were unchanged.
Chevrolet Motors, after an advance of
more than 3 points, reacted slightly.
Other motor stocks wero practically
neglected. Maxim Munition continued
Orm nnd fnlrly nctlve.
Tobacco Products were In good demand
nt nn advance of nearly 2 points; Haskell
nnd Barker Car rose l?i.' Submarine
Itont wns almost neglected, but steady.
Knthodlon Bronze wns strong nt an ad-
vance of nearly 1 points.
Oil shares were comparatively
with small fluctuations ns a rule.
Copper stocks were steady. Bonds
were quiet nnd unchanged.
I.NDUSTMALS.
Ifalea in Philadelphia
)IIh. .Low. Close. ttiKf-
10 Alllsnc Insur llAi 19M 104
.70 m Lool 70 70 JO .-lu
100 Am Unn....i. 69 B8 .f.8'i n
li
quiet.
ni.i
2 '4
'".
VaM 120!f 120 I2fi!f
184
70
103
114
20
404
804
132
100'.'
234
08-
3
.10
Domo Mines 21
. 03
. Wi
. II
. 50H
.100
.400
09
174
70
103
404
23
404
bOU
132
10S4 1084
21 U 234
004 07J
724 73'i
lll'f lll'i 1U
1S34 183Jf 1S3.4
St 8.", R.ri
102.4 102.4 1024 1024
184
70
103
114
20
404
804
132
Klec Storage. Bat
Erie
Erlo 2d pf
Fed Min A Sm pf.
General Electric. . .
General Motors...
Goodrich II F
Granby Consol 88
Greene-Cananea 41
404
214
03
304
44
504
1004
400
70U
88
414
45Ji
24
03
30
43
604
105!f
450
09
88
44!i
1204 1204 120.4 120Jf
lOJf 414 405S 414
New York Banks Gained $571,983 on Currency Movement
Tho movements of money for tho week ended with tho closo of business
yesterday Indicate a cash gain by tho New York banks of $571,983 As hns
been tho caso for a number of weeks past, tho banks lost on Subtreasury
Account, this week J5.677.000. including $1,497,000 for gold bars withdrawn from
tho Assay Office for export to Holland; but they gained net from tho country
$0,248,983. Tho banks received gross from tho Interior by express this week
SS,86D,649, against $0,895,903 last week, and they shipped $2,620 060 against
$3,681,625 last week. Tho net inflow or money from tho country this week Is
tho largest in about a month.
Lackawanna Steel Had Good Year; Earned 6.93 on Stock
Tho Lackawanna Steel Company report for tho year endlnir DeromW 11
gross sales and earnings of $27,792,935. an increase of $1,511296 over
Net earnings wero $5,977,470, compared with si.ksi ire ,i, ....
year. Tho surplus of $2,409,108 Is equal to 6.93 per cent, on $34,750 000 stock
against tho deficit of $1,652,445 In 1914. "wou.uuu siock,
-r -
snows
1914.
214-102
01H
Great Northern pf . . .
Ot Nor cfs for oro pf
uusson Ljpin 21 214
Illinois Cent 101 102
Int Agricultural of.... 01 mt
intiiarvN J iosf lonu ion
Int Con Cor v t c sh. 10J-5 104 104
jni uonsoi corp pf... 73
Int Paper Co 04
Int Paper Co pf 434
Insp Con Cop 414
Int Nickel v t cfs 414
Int M M c of dp 154
Int M M pf c of dp.. 024
104
21.4
03
304
44
504
1004
400
704
SS
444
Aetna TCxplnMp
Amor-llrltlih Mfp
All Oulf fc I S 8
tto nfd 48
Am Mnrrnnl 3
Aja-r Jtubbfr Inr w I , nn
Jlnlto Tube , inn
Cnn.idlnn Car A Fdy n
do pfd S3
Chevrolet Motor Car 13H
I'urtlxt Aeroplnnn ,.,.. AT.
Cuban Cnne Husar ''H
DrtiiKfi-Senhury 137
Hnnkcll ! Darker Car Kl'4
Henilcn Mfp 'J 11
Inter Mrr .Marine 1l',j
dn pM no
Keller Sprlnnfleld 117 '4
KuthoSIon Ilrone pref 23 i
.Mnnhnttnn Transit
.Mnxlm Munition n'
Mlilvnle Hteel r,.1
Otis Elevator (13
Otto Kltenlohr w I r.l
do pref flu
Peerlenn Motor 24 i
Poolo Kns H Mach Ion
St .loftoph Lenil in
H S Krense w I 1214
Htand Motorn 8
Submarine lloat v t c clfs 34
Trlaimln Film v t ctfs 3i
l'nlted rrotlt Hhnrlnit 1 V4
U H l.leht & Heat B',i
do ttref 4t4
White Motors w 1
World Film
OIL
14
BUHSIDIAnlES
214
Asked
23
28
211 i
ns
ins
117
RS
138
nr.
-ts';
1411
48
3(1
ir.4
n.-
iin
"i'"4
7
n.) tt
mi
nn
lot
S3 4
103..
13(5
8 4
3.1
4
11
n
48
14
''O Am OK, ..j. ll!1
R3 Unld Ie prcf.lOK
sun Hurt. & s t o. ii
2T Drill J (I .... . 3
80 Cam Steel.,,, ft
nn I'orn Trml. ... 2.
,B0 Kleo Stor .... 03 H
ion Krle 3(1 4
22 Hunt T. B4
2D flo prof,., 12
280 ln t.'o N A .. S3.,
2.10 l,k sup O... in4
1113 IhlKtl VrI., 77'i
100 lh Vat Tr.. atU
. 20 S'ort & Weil. .113.,
1048 l'enna 11 U....A7U
4 I'a Salt Mftr.-lO'.!,,
310 Vti Btcel pfd.. ns 4
130 Thlla Cn .... 41 .
82 do pref .... SOU
1ni do cum pld 44.,
3'I2 Phlla Ulectrlc 27 Jf
7nn PBTIr ctJa inu
17 l'hlla Tract.. 7n.
nn liny Cona 214
133 Itendlns ....
1(13 Ton llel
30 Ton Mln
138 Union Trae. . ,
830 Unit Clns Im
2833 U H Steel.
131
109
41
87
81
2.1,
n.i
!i
Oil
8
10?!
121
109
41
37
Ml
23
113
8(1
nA
it
4
4
100 Utah Con..
2S War Ir ft St.
1(10 Wentm Coal.,
10 W Cramp & E
82 S
4j
(li
41
sn4
82..
84
104
n7Ti
7(1
1
23
loti
7H
m M -
07 U
2ri
4U
II
44
Ml 4
8 IS
4 - i
TO 4
73S
T.TJi
lTr.
r.T
JO-'
084
41)
arm
tin
in
sii4
I'm
43
mu
F04
B4"4
1114
(17 4
70
MIDVALE STEEL WILL BE LISTED
WHEN STOCKS AND BONDS ARE Soil
Action to Be Taken in Latter Part of Month or FiW
April New French Loan, $250,000,000, Secured 1
Dy foreign oictxu vuiijjuuiuiis
Ji
Total untei, 8.182 kIiucm.
0031 ahorri etenlal thus
(10.(131 ahnrei sunie period Ii
uliareq.
IIOKDS.
rompnreil v.llli
tar lhl eeli
at Hffk, 43,367
Illsh. Low.
i.i;s
Illah. I
1 . ..t ii
r.a 1 03 4 ln.14
J400O Am O A r.l
iftnn Rnlrl T. Int
fll.lll .nn T W 1 Km lO'l 1 11
4110 Kl ZtPTr la.' 81.1,4 824'
innn Kdlnon El ni.in... ion
noon
tnoo
20(10
innn
2(10(10 Pa
1110(11) do
"r.nnn T A
DIIIII1 In I'n wnnm Km Ol V. ft
Net
Clo. chse.
034
1034 ...,,.
102 4 4
824 824
!().
HnrrHoii II 3a 0(14 Pn4 (4 -4
ltarwood KCIs 1024 H12J4 1024 4
.In F ft C 4 . 024 n.'J t24 4- 4
r, N con 44 1(124 1(124 1024 .....
Ben 4 4 a. 1(12., iic'jj i ;,
lo ens 44s in.-.i 1()-.i linj
& M St (la ld.14 1(134 HWji
..n n-a r.a 051 U. n 113'
Ti
.11 L
M
.
inonii do lBt no ..loots innjl l(i4
innn t'hllft r.lee 4a 834 834 834 ....
30(10 Ileart'c Ben 4a 03 4 U3' B't J(
filKMI Itend-Jr Ct la O.IJji 113. IL.S 4
2(100 Sn Am I (Is 1(12 1024 1024
....... ..1 , r. ., ....111 tlflKZ ttl.U.
I U H Steel fis.KUJi KHK 1" Ji . . . ,.
200U WNYftl'Ktl 4 814 83U H14 4- 4
2(100 do Int (V- ..Klli lllli 1041
1000 Wclab'h cv Ba I'S 1)8 PS
Total aale-. SI33.IOO, comnnrnl wllli S7 1,700
.tfdtenlnTi thiia for tlilvMeck, I07,300 anme
period lnt neek, 333TI00,
Local Bid and Asked
Tito Block of the Mldvnlo Steel and
Ortlnnnce Company will bo listed on the
Philadelphia Slock Exchange about tho
latter part of this month or tho first part
of April, it wns learned today. Applica
tion will not bo made to tho Stock Kx
change officials for tho llstlnff of the stock
until tho new slock and bonds of tho
company nro disposed of, when a flnan
clal statement of the company will bo
made tip nnd given to tho exchange with
llm nnnllnntlntl
The $25,000,000 of stock la payable on
March 13 by tho present stockholders,
who nro subscribing to tho new Issue or
the persons holding the rights to do so.
There nro $BO,000,000 of B per cent, bonds,
both the stock nnd bonds having been
Issued to pay for tho acquisition of Cam
bria Steel, which nro not out In tho
hands of Investors as yet, although tho
Issue wns very heavily oversubscribed.
The financial district heard today that
negotiations wero nbout completed for tho
new French loan, nnd announcement will
shortly bo mndc. It Is understood that
the loan will ba for $260,000,000 nnd
wilt bo issued nt a price to net nbout 6
per cent. Tho loan will be Becurcd by
foreign stntc obligations as collateral,
but no American securities will be so
used. Tho securities which will bo In back
of tho loan will be tlioso of such coun
tries as Sweden, Norway, Denmark and
other countries, the bonds of which nro
held in Franco,
Tho new llusslan loan Is nlso under
stood to be ready for announcement, but
It wns said today that tho French loan
win no Announced first The ti xM
will bo for $100,000,000. lusslntoSJ
With tho listing of Mldva.1 it , 19
Be"erot expectation that the local 3
win ihjuuimb more active, as verv in ,, ?SI
been ttono on 'Change slheo p.iv,viuMfl
tnkon over bv Mldvi. r.. m,anl
mont nctlve stock. Although It ! I'l
stood that thero nre 27.000 shV "
stock which- hiwo nqtToV&M.
i. ib nn. .lean, m very much. ToS74
instance, not ni sale of it n..r.?WfM
lane durlnrr tho mnrnlt,.. ' 1 VI"? MtM
noon nn odd lot bf 30 shares mm ffl
unchnnged. ca 80''5 ;M
Tho market In this rliv .. t . -
quiet mood today, nbout the nnli '??
being United States Steel, o ? if '?.Q
mo market was Irregular. On a in .fM
lot Cramp cased of a half, whiii SJfl
delphln llapld Transit trust crtl'3
moved up n quarter. On the nth.. J
Philadelphia Traction Vvns off I hM
Philadelphia Klcctrlc touched tXfi'm
point of tho year, sclllnir ,! . '
but It was only oft n fraction H.W&
nrst time this year Huntingdon i and &H
Top was sold, dropping ltf brtow thSt
previous sale. v ".BS
Greater Interest wns shown n k
than In stocks. Western Now va
Pennsylvania general 4s on th ilfcB?
iwo iiiociis. $1000 In each, advaneS
irom mo last prov oils roIo wCr.MII
Sinnfl Knld nf Bfll! .. ...1 ,1 .'. ln
their being two Intervening bids Tb!$
tho transaction was consummated T&
de phla Comnany first 6s foil tt .,!
being sold. '"' "W
LONDON EXCHANGE QUIET
73
41
45
4.')H
c:m
l!5!i
5-1 J i
3H
mi
44
4IH
41H
IS
OHf
25H
.riP
Jsan L'lty Southern.... a'i
nennceott topper sm
Klncs Co E h & P
i.acK steel Co 70 77J$
i.co KUDDor & Tiro.... 48Ji 4!)f
Lehljh Valley 77U 77H
LlRcett &. Myers 217 249!i 24051
I.lKOtt & Myers pf 120 122 122
Lonnard v Co pf Uf)U 120
21K
1(12
am
109K
ian
73H
ou
14
45
45J
1B
03) i
25IS
filW
STANDARD
Prairie
Illlnola 182
Ohio oil : 22,
Standard Oil of California 230
Standard oil f New Jersey. . ..304
Standard Oil ot New Tork 203
OTHER OIL STOCKS.
narnett Oil
Colen Oil
Clialmora OH ,
Houston Oil
-Midwest neflnlna-
MINING STOCKB.
114
204
n
174
G
Sapulpa
Atlanta
Corro
Ilutte CZvl ctfa
Ilutte & New York
First National Conner
Colrifleld Merger 14
114
17
334
.72
r.'.i
iQ'-a
49Jf
77H
Distillers Securities Will Be Put Back on Dividend List
Gossip Had It today that within two weeks Distillers Securities will bo nut
back on the dividend paying list with Initial payments at the rate of Tier cent
per annum. "' Le"1,
COTTON MARKET STEADY;
OPERATORS HELD OFF
European Selling: Orders Caused
Scattering Pressure
NEW YORK, March 3. The political
situation was the predominating Influ
ence, on the Cotton Exchange thlB morn
ing. While sentiment was mixed, how.
j ever, It was noted that some of tho Im
j portant traders who recently wero ex
, tremely bearish were not so decided In
their views. The o'pening tone was
j steady, with prloes 2 points lower to 2
) points Higher, With tho exception of
eome buying by Liverpool of October nnd
selling of May by spot interests, the trad
ing was without feature.
There appeared to be a tendency to
hold off on the part of many of the recent
active operators. Whatever demand there
, was on the call was easily supplied and
, some Increase In the selling later caused
losses of 4 to S points from the Initial
levels.
The market worked oft to a net loss of
about 5 to 7 points during the middle of
the morning. Tho relatively easy ruling
of New Orleans and the appearance of
email European selling orders around the
'local ring seemed to promote some scatter
ing pressure and the decline carried July
contracts off to 11.67, or about 12 points
under the best price reached In yesterday's
rally. The selling was not active, how
ever, and the market ruled fairly steady,
with prices showing rallies of 2 or 3 points
from the lowest after 11 o'clock. The
traveling man of a local firm, who has
Just returned from a trip through the
Eastern belt, says he found crop prepara
tions well advanced, although the rains
recently have checked work.
There seemed to ba little Improvement
In the general volume of business, but
the market showed a steadier tone dur
ing the early afternoon. Political advices
rrom Washington appeared to receive a
favorable Interpretation and some of the
early sellers were credited with covering
on the rally which carried the active
months some 2 to i points net higher.
The advance also was rncouraged by the'
Mteudler tone of New Orleans and the
-,.Juo.re favorable average of ihe little Bpot
. riows that appeared to be reaching here
from the South, but sentiment was still
more or less unsettled and people around
the. ring said they saw little indication of
fronh buying for long account.
I " New York Bond Sales
Hlffh.
400O Alaska Gold cv fta.ms
0000 do r f p loan
1000 Amer Asr 3s 102H
13000 Amcr Cot Oil Ss... 7i
117000 Anclo-F I, 5 04'i
1000 Amer Smelt Sec Os.lll
Low. Clone.
103 10.1
103 103',
102 4 102i
07 'i 07 'i
01 tilVd
111 111
iA . Am" Tel cvt '.. ion
nOOO Ann Arbor 4a ti3
(1000 Armour Co l'as... m
s.ioil Atchison sen 4s.... i4'4
Bijoo Atchison adj 4s S7
loon Halt 4 Ohio 3,4a... 2!
Bono Halt & Oh 4s..:.. T?i
44000 Halt & Oh cv 48.. 0(1
loojiiiii lieu, steel l!!t nS.. 103
1000 Ileth Steel rfd .1S...10''
1001) Heech Cr 47... )5i
2(1000 Hr Itan Tr 5s 1017.101
,'"" i;wh. Term Uldc Ss SS
3000 Cent Inth 1st fia.lfrj
0OOO Cent Pac 1st 4s... ol
3000 cent n a n j n. lis
SOOO Ches & Ohio cv 41j 87ii
2000 Chi ti Alton 3H... 43
H Chl 11 & Q joint 4s I. 08 ti
coot) do gen 4s n.tii
g"C m VVtp'aii. : !!;&
r.OOO do dlv 4s ()
4(10(10 do cv .Is ! 1UUH
27000 uocv 4Ws... .! 100?
3000 do fd 4Mb. u"i
100(1 C .M & P H 4s. 01
3nV.fi. -.J?' l M&OdebBs.l(l2V4 JU2H 1 WW
JSS ! K1""?88. rc,s 8" 771 77! 77!
4000 Cumberland Tel Sa..in'! lir'i in-'ii
1000 Del & iiud lonv? 10H.2 ,-.2 JH;b
2. 'AY. Jien & ,tl0 Or 7
SffiS R?irs" .!ius ; ITS
Tn,.n i::7i""' .V'" I."
.:: f" lo lunv -is oer A.
500 t!on Klec deb 5s...
2000 Hud tc Man In 5s
14(i0() Hud & Map rW-Ss
200(1 II M(AI jL.
AS0.!! !" Antral 4s 1033
jf 111 Inn IVnus m Ho
105 t,
(13
114
II 1H
7S
112".
01 4
llll'n
103H
102
mm
lOOTn
KS
78 'i
Illl'i
no H
118
874
13
1)8
113
Mi
1)2
l(IOI
Oils
1)1
10.-.H
(13
04
1)4 T4
87
02 "i
llllj
11117,
103 T,
102
IIHU
101
88
78 Ti
1112
til
UN
H71;
1.1
118 i
11.1
MlVi
02
KMI'i
100i
U I Ik.'
104
. 5,-
129
. 57'i
. mi
95
Loose-Wiles Biscuit.
Loose-W Ilia 2d pf.
Manbat Kiev Rtd...
Maxwell Motors....
Mar. Motors 1st pf.
ftlat Aloton 2d pf. .
Mcxlcin Petroleum.
Mexican Petroleum pf. 9j
-Minn & st Louis 5
M St I'&S SM I I.. 75
Miami Copper :to!
Montana 1'oner pf 112
Nat Enam & S Co.... 2.-IJS
isattonal Lead
Nov Con Cop
New York Air Urako
N V N H & II
Kvcj ii n
N Y O & West
Norfolk & Western..
rtbern Pacific...
Ont bllvor Mln
Pacific Mall
I'enn Railroad
Philadelphia Co
Pitts Coal Co N J.
Pitts Coal N J pf. .
Pressed S Car Co
12SJ 12tH 128H 12S)i
49!f
77
24IIJi
122
120
HI
5fl
HID
t;o;i
t:i
441$
08U
OoH
5
r,
S3H
10
.r)0
l.'IO
(i0'4'
S-3
44H
asu
fioU
10'f
138' i ViO
.. 07
..104
.. 28!f
..llllf
..1I2U
. . OH
.. 2S'i
.. 57
.. 40
.. 293,'
..105
19'
Pressed S Car Co pf. .102
. 71H
.1011
. 31)3.
73 U
01',
831
Tes close Open. Hhjh. Jmvt. Cloaa.
lfrch .. . 1141 11 SS 11.43 1135 11.41
SUy 114!V 11.53 11.88 1140 11. 5o
July It 1$ 1171 1177 11.117 1175
October 11 SO 11 3 11 Ol 11 85 11 01
DxaMnUrr 12 07 12 03 12.12,12 03 12.07
January 12 14 12 14 12 IT 12 10 12.16
tfput ... 1153 .. 11.60
Liverpool Cotton
LIVKltruul,, March 3. Spot cotton'
today waa In moderate demand at an ad-
vRCi o 9 points, on the basis of 7.84d.
1 for mid uplands. The sales aggregated
tMO bale, including 6000 balsa American.
tmjKirui wero 27.0011 baltw. Ineludinz
0 bales Amrlcan. The market for
rea otooed steady, at a net advance of
po(jit8 to a deuline of H point
Liverpool Cotton Statistics,
LIfcJBFOOt March 3 Following are
weekly cotton statistics, figbraa In
Imports, IWT.OOO ; American, 57,000 ;
4. &M M. Anuurteaa, 6ii,00; for-
i J,S0, Airicaii, ?0,eo4( ex-
tt.
f .Hfoi
ii rw
ouun jupaneoo new 4Vis. 8(1
,2000 Kan City Ho Bs.T!.. 02
1VK!!i! --a '! Bs 1030. D34
10)10 l.k Sh deb 4s 1031. 1)4 I
looo lrlllard Ss . .....uti
100(1 louls i Nash 4s... 115
l(ioi) Jlanhattan ata 4s .. 02
150O lira p Co Us Ssr C 107
100(1 Mllwaukefl (las 4s. 03
100(1 Minn SI I H H SI 4s 1)3 '4
1000 Mo Kan & T 1st 4sT" 74
100(1 do 2d 4s.. 4?,H
13O0O Mo Pac Bs 1020 88V?
300(1 Nat Tubu 5s in?
13000 do 4Vis... 0511 u.1
122000 N V Cent (Is 1134 iuu
-." n X City 4 Vis 1003. 100 l(m2
XK "" p ."! .m
K"l VJ
ill
77'i
715t
71 'I
Kit.
.id"!
73!?
111
83 "I
1711 (?
73 'J
IM1
IOJ
8(1
Ul M
1)3
til;
in.'
1)3
112!;
ion
03
03 ti
74
4B4
88
401
01
loavj
711
77 U
71 ;!
71 ii
101 f.
T'tlZ
Ol (J
H5I
IIIV4
raii
.'I..
N If Tel nen '4 ''.';; uavi
Norf t West 4s... I. U3V5
1 ua ; j
ill !4
1)0
03
03 jf
1UI
170
73
l)(l
102
811
IOJ
11.1
1)24
lou
03
101
8(1 Vj
0.1 VI
113!
Ml (I
luji!
IMS
77
tflVi
00 V
03 Vi
03 V!
1UI
n.Ulll H.i a ....
BOOO N V N 114 Vi Vs. '."J 14J
Tftnn nn u.if'ri
B400II
7000
10000 Nor I'ao wlor 4s. , 03V5
0000 Nor Pao sen 3a UUii
1000 Ore Short Une Ss. Iu7
luuu ran lt as..,,,.. ,,.io3V losit I6ii
4000 Pao Tel Ss......:::i00J 100 loo!
fOOO renna met 4Hs.l02VJ 102C 1028
S888 WerLc,V,7S 5 ,8.i(!!H ,?h oovi
im7. --." -j:v '"'.. yv.. 1""
" ;.ii if w a om... ... win UOVi
juou hock isianq -Is.... 85
1000 do rfd 47. ..,.". B.1
SOOO da Bs 101
3800 St u lc S P rfd ot 4s 82
1000 St Louis Dm 1st 4s. 78
SOOU Sa board A U adj 0 00
37000O Sauth 1111 5s. ..... .101
100O South Pao ov 4s 87
owu UW V" P Ul..lU1b
3000 South Pao rid it . . . 80S
70OO South ttwy cm 4s.. 72
ouuu oouin itwy ton as .uz
rullman Co
Quicksilver
Quicksilver pf
lly Steel tip Co....
Hay Con Copper. . ,
llcadlns
Itcadlnz 2d pf
Itepubllc Iron & S.
Seaboard Air Mno..
Scars Itoo ,t Co ..
Sears Hoc & Co pf....l27
shat Ariz Cop :jil
Hloss-Shef S & 1 55
South 1 It Sucar Pf...llO
120
10
CO
130
57U
82
42!
IWM
93),
fi
75
3o
HIM 111U lll'f
2Hf 24 2IVf
GO OdVi
1GJS m
139 139
07 07
lfM 101.'
27 27H
11m 115
IUU 112U
G5( 75
27H SRJ-i
57 5711
39JX SOW
29i 30
104V5 103
49 50
ion iiWi
0GV5
10H
0:
1IMX
27H
113
112U
7H
29
57H
40
3'1
105
50
1017,
102U lO.'li 102if 102lf
44
7
39H
21.
82
45
50
10U
Vi
00)5
20
Southern Pacific. .
Southern lly
Studcbaker Co
Tenn Copper
Toxas Co
Teias Pacific
Tobacco Prod pf
Union Hag & Paper. .
Union lias & P pf . . .
United Cigar Stores. .
United Cigar S pf HU
United Clear Mfrs 59li
United Dry Goods pf. 03
Union Pacific
U S Ind Alcohol...
VA
0',' OH 0rJ
V8M 38), 3SH
245. 2 lit 24 H
K.J4 kl'i 82"
44'' 44?i 44?f
511j :,wi am
111 10 10
175 1715 175
127! 127U 127U
30J( 30 31f
5-1 53)f 5-t
lit) 110 110
97U 90M 07)f
20,'f 20 20)i
13ljg 13S)i 133M 138
54)5 54!i 54M 54J.'
10S 201H 108 201
7'f 7 7 7
103 101H 101!j 101H
ni
li'cla Mlnlns
llowo Sound
Jim Butler
Jumbo Kxtenslon . . .
MHRma Copper
McKlnley-PnrraRli ..
Mines of America ..
Niplsidnc; Mines Co ..
San Toy
West End Con
West End Extension
4Vi
5
03
on
17
44
2
(l'
15
74
1
217
18.1
230
2.1.1
B07
200
12'i
20H
R
lw.
00
12
18
88
7T4
.1
514
111
4'1
5
04
1)8
17t
40
S
II '4
17
77
BONDS.
Krle rts . . .
11 & O Bs
Cerro (Is . . .
Mldvulo Bs
.101 '4
..117
.. Oil
101U
120
U9H
Financial Briefs
29H
0)S
7M VA 7w
29H S9H 29)5
9)J 9) O'i
lUi 11JJ IDS
59 60 59
05 03 01
131)1 132VJ 131W 132W
..151 152)f 150M 151U
UBCH'S F I0) 17)f 101(
United Itys Inv Co.... 15 hj ijij
uuiku nun lii 14111 11JJ4 141
U S Itubber 49 49)f 49
U S Steel Corp 80H 82
U S Steel Corp pf 115J( 110
SOflOO Third Av nw 4s
iihmi -rairo
6s..
lv Adl
13006 Onion I'ac 1st 4s
JoyO Union I'm. y 4
SOO Va Hwy 5s . .
1000 IVabasb 1st IM .
1000 West BlwtrU; Ss
10OO WMt Hha't rts 4s
100U Wt tfnkui ifts .
m
VI
1)3
U8K
.104V
103
. Sl,
101 vt
00 'i
83 Vi 83Vi
'13 V4 H.1V4
80 80
Ji Wltl lOIJi
Vi iV U2V4
Vi 78 vi 78U
,, 3 03V
V4 lOOS 1O0K
S TH 87M
tut 101:
S 00 S
72 It '
.8SW 8JU
104 104
1)7 07K
, 0.14 UAtL
u7l "1
10IV4 10l
M JStk
Total sale. i.,0O0, compared ullh
(3,311.000 jt.terOjl thiw. far thl? utek.
iu.a23.10vj nuut perled ltt wctk, 13,:
estM).
Utah Securltle 18 17H
Utah Copper 83 84M
Va-Caro Chem 43 43b
Wabash 13'f 13
Wabash pf A 42)5 43
Wabash pf II 25)i 20
West K & M 01)5 G3Ji
Western Maryland 26 20
West Union Tel 88 S8!
Willys Overland 210 210
Tolnl sales, 315,700 shures, romuared Willi
38.1. JOO klmrcs rterday thus fur IliU week
2,830,700 khuresi bauie period last urek
1,3111,000 shares, ,
S0)
110
175
81
42J5
l.'iH
Mi
20) i
02
25
SS
210
17)f
14)j
143)5
40!J
81Ji
110
17)5
84i
43)5
13)5
43
20Vi
03)i
20
SSJi
210
PUBLIC UTILITIES
The Pacific das and Electrlo Company
reports gross operating Income of J1.7G2.
713 In January, a sain of $91,928 over the
same month last year. Net Income of
$874,314 showed an Increase of 179,010.
The United States Public Service Com,
pany reports gross earnings of 196,480 In
January, against 179.840 In that month of
1915. The net revenue of (46,828 was
$13,800 greater than In the preceding
January
The Heading Transit and Light Com
pany' reports January gross Income of
$198,616. as compared with f 179.191 for
the corresponding month last year
Twelve months' gross shows Increase of
$47,151.
Can Issue Bonds and Stock
INDIANAPOLIS. March 3 The Pub
lie Service Commission has given author
ity to the Public Utilities Company of
Bvansville to issue $1,105,300 bonds, which
are to be sold at not less than 85, and to
increase it capita! stock $320,000,
Forty-eight vessels, totaling 26,108 tons,
wore built In United States shipyards In
February. Only one of these was admit
ted to American registry.
Tho Atlas Powder Company announces
that the proper revenue stamps will bo
affixed by the company to the proxies
sent in for the annual meeting on March
21.
A. Pomerantz, of A. Pomcrantz & Co.,
returned yesterday from a month's stay In
Cuba. His office wns elaborately decorat
ed with (lowers, in recognition of his re
turn, and a large number of his frlonds
called during the day to congratulate him
upon his return.
Tho American Snuff Company report
for year ending December 31 shows sur
plus avallablo for common dividends $1,
462.516. This Is an Increase of $22,290
over the previous year.
The Wahash-Plttsburgh Terminal and
West Sldo Belt Railway Company reports
for January operating rovenues of $143,
918; expenses, $79,086: net revenue. $63.-
932 ; from July 1 operating revenues total
$918,469; expenses, $496,716, and net rev
enue, $411,743.
A protective committee has been formed
to conserve the Interests of the bondhold
ers of the Tillamook Timber and Logging
Company, of Oregon, which defaulted on
the Interest due March 1 on $$,100,000 6
per cent, outstanding bonds. It is com
posed of Emll K. Ilolsot, chairman ; Ralph
Van Vechten, R P. Mack, J. P. Oleson
and Clark L. Pool.
The New York Subtreasury gained
$510,000 from banks yesterday, making a
cash net gain since Friday of $5,677,000.
The report of the Osceola Consolidated
Mining Company for 1915 shows net
profits of $1,610,860. or $16.75 a share,
against $353,677, or $3.68 a share In
1914.
Tho cash and transit Items of the
Chevrolet Motor Company, as of March
1, were reported as $5,377,079,
The remarkable volume of banking
transactions, as reflected in clearing
house exchanges, continues to reflect the
maintenance of active business In all
parts of the country, the total this week
at the principal cities In the United
Sates, according to Dun's Review,
amounting to $4,276,649,867, an Increase
of 39.3 per cent, as compared with the
$3,114,331,717 for the same week last
year, and 35.7 per cent, as contrasted
with the $3,160,566,750 reported for the
corresponding week In 1914,
The exports of copper for the week
ended March 2 amounted to 3390 tons
and since February 1 last 2217 tons.
The Flsk Rubber Company reports for
the 14 months ending December 31 net
profits of $1,791,579. an Increase of $849,.
375. Surplus for the period is $637,128,
compared with $432,204.
The directors of the American Beet
Sugar Company took no action on the
common dividend at the meeting today,
The entire block of $8,500,000 West
Penn Power Company first mortgage 5
per cent bonds, offered at 95 te bv a. n.
Leach & Co., Ji. W. Halsey & Co. and the
Continental and Commercial National
Bank, have been sold.
Tho United Cigar Stores report an In
crease for February of $233,000 over a
year ago, This Is the largest February In
crease in the company's history.
Today Yesterday
Tld. Asked. Hid. Asked.
Huff & Bus t c 40
do pref BO
nrlll J O S7
Ilaldwln 1024
do pref ion
Cambria Steel HI
niectrlr Htornce 113
Oenernl Asphntt .... 34
do rref 7(I'J
Key Tel J3J4
do pref
r.nko Sup Corp
I.oh Nav
r.ehlRh Valley .
I.eh Vnl Tr....
do pref
Pennsylvania . .
Phlla i:iec
Phlla Co
Ho Ii nep pent.
do (I per cent, pref 41
rmift it i
do t c
Reading-
Ton Hel
Ton Slin
Union Traction
V a I
U S Steel ....
York Hallway
do pref . . . .
Wm Cramp t c
LOCAL MINING STOCKS
TONOPAH STOCKS.
"jlld. .
.Tim Butler no
MnrXamnra 0.1
Midway 1.1
Mlzpah Extension 10
Montana 2.1
Northern Star 1".
Tonopah Belmont 4U
Tonopah Extension 4s
Tonopah Mining 0&
Tlescuo l?ula 1(1
West find 71
41 4 41
oo r.n no
:in so,,
103 101 1014
ioiiH .. ... ,
4 2s; na'I
.1.1 .ii .ir..,
71 71 71 U
II 13 14
1.1 1,1'fe 14
. ... r.n 70 nn 7()
.... io; it ins ion
.... 7r.H 7(1 7fifc 7(1.
.... 77U 78 77 77'i
.... 21 Sli SI . 21
, ... 42T, 43 42H 43
. ... r7 r.7i naj4 r.7
,... 1!7 :!7 27H 27M
.... 40 41 40 II
oref 8I1V1 .IS Sll'i 38
44Vi 44 4114
iu'i ii, n inr, ti.
lll'i 1D& 18 ID
82'i 82(4 81"I 82
4 4t 4H 4li
fUi nil (14 (l
4.1t& 44 4,1 H 44
80H 80V4 811 80(4
81! 82 804 804
1056 in'4 10'4 11
37 37(4 .1(1 '.4 37(4
71 7.1 71 7.1
sked.
.02
.0(1
.10
.21
.27
.1(1
4
4H
OH
.17
.70
Amcricnn Group Without Life; Cana
dian Pacific Steady
LONDON', March 3. Tho Stock Ex
cliango markets w1-?e dull today, A hesi
tating nttltudo was noticeable throughout
the house.
Tho gilt-edged section wavered. Finan
cial firms continued their preparations for
tho now British loan. Tho arrangement
for liquidation of French securities hero
has not been completed as yet.
Tho American group was without ani
mation. Tho treasury's prices wero mixed,
and Issues not on that list drifted Idly.
Canadian Pacific displayed steadiness.
Alterations in homo railway shares wero
fractional and confused. Irregularity was
noted In Soutli American rails. Thcro
was a further ndvanco In tho French loan
to 84?i. Japanoso descriptions wero In
fluenced .favorably by nn additional pur
chase off 500,000 Imperial Government
4 (4s for trio sinking fund.
Mines wore dull. Johannesburg Indus
trials wero Vhaken by tho prohibition of
dealings In iVictnls, except by producers,
owners and consumers. It was feared tho
order might be) nxtended to other com
modities, Including rubber.
ADVANCE lk DRESS GOODS
GOI.DFIELD STOCKS.
Atlanta
niuo null
Donth ,
UulldOE
c. o. n
Combination Fraction
niamondfleld IllJ ....
Daisy
Florence
(loldfleld Consolidated .
(ioldtlcld Merger
.in
.03
.3'-'
.01
.0.1
.07
.0.'
.0.1
.4.1
.SH
.14
Jumbo Extension 0(1
Kcwanas 15
Oro 0.1
Sand Ken 0.1
Silver rick 03
SHSCELIjANEOUS.
Fairy Aztec 01
Klmberly 01
Nevada Hilt 18
Arizona Un 43
Nevada Wonder 1.80
$100 BONDS
nid.
03 i
IIH'I
no
Anglo-French .Is 1020
City of llaltlmore 4s 111 II'-'
City of Chlraeo liar C 4s 11117.
City of N Orleans Imn Bs lOL'D.llin
City of Vancouver 4Un IOL'3... nn'.i
New York city reg 4 (is 10(1.1... 107
New York City reg 4'is IO1I11. ..101
11 & o o & 1, k lit r,s liiso ox;
Cent Vermont lly 1st rec Is 1020 81 i
C II & Q Pen Ext la 102L' 1)0
c 11 & Ht i a it c r,s ion 11111H
C lIsHIF conv 4(4b 1032 1II1IH
Col M Ko It Ex -1(4b 103.1.. H.l'i
;v v uentrai conv )ieo iih iii.i.-. , u.iu
N Y fl I, (Erie) 1st Ha 10411.. Oil
N Y N II & II C I) ctfs :tV4 W.10 72U
STNII4II0D reg 0a 1018.. 114
Norfolk k West 1st con 4s 1000 113(4
Heub'd A I, 1st and con Ss 104.1.. DO'J
South I'ac 8 F Term 1st 4s 11)50 8.1H
Virginian Ilwy lBt fis 1002 IIHU
Am Ag Chem con deb .Is 1024.. 08
Am Ice Securities deb Us 102.1.. Hl.
Am T & T coll tr ctfs 4s 102U.. MS
Am T & conv 4'.4b 1023 10.1
lleth Steel 1st and ref Ss 11)42. .101H
Cent Leather 1st reg Ss 1025... 100
Cities Serv con notes 7s 101K...1005
Com r Ry ft I.gt ron lit 101N...1O1
Denver (lus & Ele- 1st .Is 1040.. 00
Oen Electrlo deb 3H 1042 70
O West I'ower con deb 0s 1D2S. . 07
I.acka Steel 1st ron .Is 1DS0 04
Laclede (las 1st Ss 10111 100'i
I.IK A Mjers deb reg 7s 1014 12.1
T.lg Sl Myers deb reg Ss 10.11 102
1" Lorlllard deb reg 7s 1014.... 123
V Lorillard deb reg Ss 10.11 looVS
Pierce OH con deb (Is 1021 8(1
Alont Power 1st and ref Ss 1043 lit! Vi
-N Y Air Ilrako 1st con Ha 1028.. 104
VMS Kutson con acu us ivat .... van
.18
.01
.34
.0.1
.01
.OS
.03
.on
.4(1
.00
.in
OR
.10
.on
.00
.00
.0.1
.03
.21
.47
1.8S
Offer.
04(4
102
llllt
103
10S
101 ;
8(1 K
114(4
lis
11.1M
looU
8.1
00 H
88
112
10(1(4
102 i
101 U
102
10.1
07 K
811 'J
08 !i
Oil
1112
127(4
127(4
11)2
87 'i
07 "i
105(4
Mills Have Withdrawn Quotations
for Fall Material
NEW YORK. March 3 In Its weekly
review the Dry Onods I'crmomlst will say:
Tho sold-up condition of ihe market con
tinues. In many centred t he dally news
papers nro printing interviews with mer
chants, who havo just returned from the
central markets, emphasizing tho shortngo
of certain lines of merchandise and tho
ndvances In price.
"In wool and worsted dress .qoods tho
shortage of fabrics Is Indicated bj' the fact
that Jobbers who did not sulllclen'tly cover
their needs havo bought goods from
other Jobbers. All tho prominent dretfi
goods mills havo withdrawn their quota
tions for fall.
"In tho cotton goods market there has
been n slight hardening in prices ofgiay
fabrics. Actual advances have been mado
on dark percales for fall delivery. (Tho
manufacturers of these goods aro unyviil
Ing to state their prices, and tho aamo
condition prevails with jobbers."
FOREIGN EXCHANGE I
NDW YORK, March 3. Dealings, in
foreign exchange were quiet, sterling
showing a heavy tone, whllo francs wftro
slightly easier. Demand sterling w;
quoted at 4.76, cables, 4.76 15-16 ; franc!
checks. 5.88(4 i cables, 5.87; guilder.
42(4 for checks: cables, 42 "J : rclchtl-
marks, checks, 73, cables, 73: llr
checks, 6.70, cables, 6.69(i: Swiss checks.
5.23?4, cables, 5.23; Vienna kronen, checks;
I3.un ; siocitnoim, cneciis, 28.10; pesetas,
13.02, and rumes, checks, 31.
m
COTTON TRADE CONDITIONS
J a SATISFACTORY Tffi
Collections Good Wool Mat
onunK iiarawaro uusinoss Good?
Conditions in tho local cotton a
ton yarn trado show vlrtnniiv .i.w5.
for somo tlmo past, according t $,
Dun & Co. Conditions nro said to b.i
sat sfactory. prices nro firm, owluS
uuuvo nnu collections nro good. Th ,,r
wool market continues strong nnd hd
do not nppcnr to bo Inclined to sell jS
..... ...... ..,,,.... LU olm mgner prlca.t
Tho bulk of tho sacs during ti.vn
week have been mostly In territory voS
with firm values. Foreign wool,!.-
rtctlvo nnd there appears to ba a rj
demand. Domestic flocco wi.H'S
strongly held, and denlers do notWnS
to bo desirous of soiling. Tho rmitV
oxceptlonajly busy In tho textile line in)
aro consuming largo quantities ofw,
terlal. Some in ifncturers ntar. ,v..'
they could get orders considerably w
cess ot their production, but nrn nnfuj..'
handlo samo. -!
From appearances thero exists nt'S
tlmo a very optimistic fcellnir as tra
ditions In tho hardwnro trade, and tMS"
consulted report having a good volumfol
.....,...., ... .i,.u iuiu wiiii prospects tot
bright for tho future. Prices are slteke
niglier. Collections, as a whole, ar"i
ported as fair, although somo llttlsila;
provement Is to bo noted In certain (rib
LIVE STOCK QUOTATIONS!
chicaoo, March .1. iioas. ni
-0.000 hentl market weak. Mixed and b3
en. SS.,..WIU,: uootl heavy, 18.8001 M.
r?u ..".".i'AXf. J8.wi0S.75: Hunt, kedflh
piHr t. lilies. .H): IIUIK, N.l)&()H.U.. fcjtft
steady. IlecveH. J(l.nn7.0(l. cows anrlM.
JJ)i "' ' " '" si"CKers ana leeueri, HR
ii.,V lcxan"' JO.uowu.oil, calves, tw
.iujji.i -. jvueeitHH, nnuu neaa: rnltbt
stronir. Natlvo anil Western, J4.40tflUr
(ui.iuo, fgufii.tin,
RATES FOR MONEY
New York . . .
Philadelphia ,
lloston
Chlcaso . . . . ,
Commercial
adelphla, 3ViC
Call.
14)02
.11? 04
'.'.;::!;;:; ii4
paper, thren to six months.
P4 per cent.
Time. ,
SSali
3W01
4 On l'
4 4'4
l'htl.
GOVERNMENT BONDS
2a of 10.10 reclstcred ... .
2h of 10110 coupon
l'anamn L'l replstercil
Panama .'a- 10.IS registered..
Panama new .Is reentered
1'anama new :is coupon .
:is of 1(118 registered .. ..
.'Is of 1018 coupon
Hid. Aild'
09 i -it
09 'M
I oil, jejj
NEW YORK BUTTER AND EGGS
NirW YOniv. March 3. HUTTKIt. Market
prices firm on nil grades, but rontlnued fair
trade Receipts. B1B1 pkss. Kxtr.i cream
ery, 3aHc; hlsher scoring-, 3737l4c.; Stats
dalrytl 33930c. ; Imitation creamery. 24
2H4o.
i;K!3. Market very unsettled; heavier
supplies here and In sight: prices much lower.
Jlecelpts. 11.712 cases. Bstrrf firsts, 24Uc:
tlrsts. 23He'.'4c: whites, 31032c: browns.
20W27c; mixed, 2425c '
NEW YORK COFFEE MARKET
NEW YORK, March 3. At tho opening
this morning the coffee market was firmer
and the first prices showed gains of 3 to
0 points. Sales on the call were 13,000
bags.
Today's
opening-
.Marcn
April
May
JURS
July ,
AUKUSl
Hepteinber 8,23
October ti.27O8.30
November
December , H.88
January 8.3708,40
Bales. 13,000 bass.
7.0008,00
8.07
S.17
Yesterday's
close
7,00447.03
7.00.07,08
8.02Q8.03
8,0708.08
N.1108.12
N.1308.1U
8.10Q8.20
8,2308.24
8.20 08.28
8,2t)QB,80
8.2808.34
BANK CLEARINGS
Ilank clearlnss today compared with corresponding-
day last two years:
101(1 1013 1014
Thlla ll8.imB.532 J27.t24.Bn7 J23.721.740
lloston . . . 31,070,013 2J.771.1B8 21,097,321
New York.B07.7(13.812 2M,044.4h5 2.12,233,1(18
Ht. I.OU15.. 10.0RO.IIOII 11.010.274 12,718.031
Chicago .. 70.:U2.I1S2 33,701,10.1
llaltimore.. 7.748.30(1 0.010,170
Money in London
LONDON', JInrch 3. Slonoy, 4 4 '.J.
Discount rates, short bills, 5!i ; tht e
months, 5H per cent.
Reserve Banks' Discount Rates
lloston
New York..
Philadelphia
Cleveland . .
Illchmond . .
Atlanta ....
Chicago . . ,
Ht. 1.0U1B,.
Minneapolis
Kansas City. 3H
The
Seattle Electric Co. 'j
First Mortgage Sinking Fundi
5 Gold Bonds
Due February, 1930
These bonds are secured by.,
first mortgage on all the prop-,4
erty, rights and franchises oK
the Puget Sound Traction,;.
Light & Power Co. in the city;
of Seattle, subject only u
$376,000 Seattle Railway ConK
pany First 5s. They are foUf
lowed by $5,898,000 Consoli-1
i dated & Refunding Mortgage!
v. 5 Bonds due August 1, 1929.J
Send for aironlar No, 32, tcAfcS'
j trfues prfco anil particulars, gT
WilHamP Rnnrir.rrif&ro DC
,, ,....... .-u.w,,,,...,,...
r ORRIS WISTAR STROUD, Jf. II
Manager , s
437 Chestnut St., Philadelpha
New! Yorlc lloston DetroU
Ixindon
WMlitin l". HonLrleht 4 Co.
il
Cry I 1SJ
Days. . ww l ftl
10 or Over 1(1 Over 30 Cher no " ll
less, up to 3(1. up to 110. un to 00. I
. 3'i 4 4 I
3 4 4
;3V4 4 4 4U
: s t i i
, ti -1 4 4 t
i 3 DARGI
3V i lli 1l4
At?l"lPIII. Tmrlit iiPMnlanna "
Oter 00. Up to 00. GO to 00, modlty. f
K. SS 3 " -V
i Ru 5 L
B 3H 4 3
? 3H 3
J 3V4 3H 3
5 . 3
3 S 3
3 3 3U
TarU .51 I
nonbrlntC
-M
puliau
s
an J-'rauciico 3
New Yorit.' ! '.
Philadelphia..
Cleveland ...
Richmond ...
Atlanta
Chicago , . . .
Ht. Louis ...
Minneapolis .
Kansas Cltv.
llallaa f. Jit
San Francisco 8H
Up to 30 days: ever 30 to 60,
uvcr uu m un, ?3 pf cent.,
ctnt.
t nee Mnt .
and over V0. A
RAILROAD EARNINGS
HUDSON AND 1IAN1IATTAN.
December cross ,
Net
Six months' gross
Net
11)1.1
19011.433
"112.01S
?.n?.i
,DO..Ultl
... 1
OMAHA.
... 11,625.867
,,. BIU.7B7
... 11.480.188
... 1,824.333
Increase.
-(). 08
L',613
00.47X
MO.UOT
BAR SILVER
3Tdlrott"niria In4on todalr w" ouotdl at
CommeccUl bar sllvtr in Jfow Voxk wu
vt4 todlr t (&, sir gc. ,wr WM
January cross ..,,.. 11,625.867 1102.823
Net ,,.. BIU.787 32 671
7 months' cross .... 11,480.188 462,080
Net ...,..., 3,824,235 262,735
LOUISVILLK AND KARIIVIT I T.-
January cross ., 16,041.144 1914 712
Net 1.6711.831 820 642
Heven months' utoeh. . 34. Ken SHT t
ir: TA'SZn'ZVI T'Xfr'-"''
.s ........ ..,. .. ,V.'
uecreasc.
260.311 4.0U;074
1)1 VI DEN 1)8
AT A MKKTINU UV THK IIOAKI1 OF III.
rectors of tha CDllnnUl-auUabl Title
and Trust Company, held March 2. 1016 a
Btmt-Annual dividend ot 4 (17.00 per share)
was declared, payable March ti. 1818, to
Stockholders ot record March 16. 191U.
Check will ba mailed.
JOHN . BKELLT, Treurr.
DIVIDENDS DECLARED
. Contlnental-Gqultabls Trust Company, regu
lar semiannual 4. per cent., payable March 25
1
to
lolil Mminir ("omnflnv. rulF nua..
of IVi cents u. share, payable March 31
Itmr viTiiiiniiiiuai i jri vcillii
to stock of record March 15.
share
Apr;
Tia
Atlantic Quit ana Bteamshlp Comparr
11 0 un Viviciicu, li)rUUl9
ra oi recgra jiiarcn m.
kim Oold Mlnlctf Compan:
holders
on Dreierred.
nniiipra or record aiarn
Yukon Oold MlnlDtf Company, regular
to holders of record March 10
kst Penn Traction g
1st 5s 1960
t present prices net
over Gco
yAY. MOQRE S Gff
& 125 So. Broad St.
1
CORPORAM
IIIVIDENIIS
KENNECOTT COPPER
120 BroadVuy, New York, February . 12!
1 UIVlDliNlJ NO. I. f
The Board lor Directors or tno .enneco"ja.r
per Corporation has this day declared f'""i
dsnd of One TDollar ($1.00) per share. &.
m...,ak .nrilJv Ulamh HI Ifllfl nflVAtlll MU".
1, 1810. to stockholders ot record at tb J
ot business afi J p. m., Mirch 10. I"",,?
cr OOOKS Willi vn'oc a.v o p. ill., iu,v, -.-rr
and reopen Mdrch 20. 1010, at 10 a. n. 3
i I I By C T UUUCU Beorelr
Tc
miiEoronv of accountants
:?-"'. . - - . r. ?a
Certmea rubiio Arcountanis
riljfted
ViVBN
r ifn1Mr'i t nir.irJ . fl.
Ills niirUi ESTATB THUST builpBS
These Men. Direct
The MORRIS Plan
T. (1. Ashton, II. II.
A. J. Ilrexel HUdle
H. W. Curuen
V. H Edmund
lVm. I. Jrorbea
of I,oana and Iqvesttnents In FhlU-dslpbla,:
John Crlbbel Tbss. JIurllndale , IlariT Nelke
Howard II, Henry Arthur J. Morris Tbas. Now lull
It, Io Haul Itobt. Mt-Keuty '..joseiih M. hteei
Louis 1. Kolb J. It. MiAIIUWr Charltan Yanull
' H 111 I.... U,..ui
? UUClt D,nv.
Over (90V.VOO m loan, averaging J100. made to data. Datails on request.
Supervised by tho State Banking Diartmnt.
LOVIS J. KOLB, tyet.
HOWARD XT. ItBtTRY, V. Pre.
R. LEO UVUT, V. Pre, and Treat.
PENNSYLVANIA
LOAN COMPANY
1507 Arch Street
'tvvVje