EVENING LF,raER-niLAjELPHIA, TUESDAY, MARCH U. tdlQ.
in i ' ' ' i ' ' "
m
'
'JSP
FINANCIAL NEWS
lWllU.l.llt4Mllll..M. .... I.I .ill! I II . !. HI ! II !
BUYING OF STOCKS WAS GOOD;
BETTER TONE SHOWN IN RAILS
Tlree-point Advance in Reading Assumed to Be in
Anticipation of Some Special Action at
Directors' Meeting Tomorrow
High Points in Today's Financial News
Atl of 425,000,000 slock of Midvale StccUand Ordnance Company sub
scribed. western Pacific reorganization plan declared operative. A'ctw
York State Railways increased dividends. Celluloid Company dcelarcd 10
pet cenL extra dividend and Prairie Oil and Gas declared $J extra. jVn
tow record for German marks. Price of lead advanced to 7 cents. Mid
continental Oil boosted 10 cents a barrel. Prices of shapes and plates
advanced. Keystone Telephone February earnings good. Conferences
on plans to meet April 1st obligations of Rock Island broke ;i this after
noon. Further sessions later,
NEW YORK. March 14.
Buying bf tho highest rhnrnctrrmni1n many strfeks strung In todny'A Mock
market, -with most Itnnornnco
New York Stock Sales
I-nst close. Illsjh. Lo. Closa.
Attaint Rxdtvm. . .)..,. i-10
Atttfa Gold Minn.,.. 21'
Allls-Chalmrrj Mfe. , . , 325(
Aiiu-rhil Mtspr st
Am Ac ttrmlcil fl7H
Am As C'crmlcal pf . . . 07J4
Am Beet HngJir TOJj
Am ll("t Sijcsr pf o:H
most Itnpornnco nttnehed to tho persistent buying of Ilcntilng I
by Philadelphia houses, including Grnrgo A. Huhn & Co. and C. D. Barney
& Cd, As tho directors' meeting to net on tho quarterly dividend Is to he held
tomorrow. It was assumed that the thrcc-polnt nil wince In this stock was in ;
anticipation of sonic speclnl notion nt thnt meeting, although Important Interests j
hero, while agreeing In stating that important developments uro pending,, until
today did not look for any nearby announcement.
These Interests, however, said this afternoon that It Is possible nction In this
direction may be taken at tomorrow'H meeting, ltnltroad slocks generally showed
a stronger tone, with LelUgh Valley making n gain of three points and about
Ihe same amount of upturn wns mado In Union Pacific, which has been In scant
supply for a long time past.
War order stocks nnd specialties were actively traded In and their price
movements Included many violent fluctuations. It Is reasonable to assume thnt
pools had much to do with tho making of a new high record In American l.oco
motlva and with tho advances in many stockH, such ns Westlnghousc, Studobaker
and Lackawanna Steel, Many In tho Street, however, were confident that D. O.
Held had much to do with tho activity shown, not only In these stocks, but In
Beading nnd Lehigh Valley as well.
Sharp reactions occurred In n number of stocks after high levels were
reached, and there were Indications of profit-taking on a largo scale through
out tho day. Representatives of some of the most important market Interests
doubted that tho advance Is part of a new bull movement, although 4thy were con
fident that far higher prices will be recorded before summer comes.
Am Can
Am Can pf
Am car Mr...
Am coil rrolitcti...
Am Cotton Oil
Am Cotton Oil pf. .
Am K.tprrsi
Am Hide & Leather.
Am Hide & I, pf....
Am Ire ."ceutlllM...
Am MnHd
Am I.lnveil pf
Am Locomotive
Am Locomotive pf. .
Am Malt Corpn
Am Malt Corpn pf. .
Am Pmclt A Itet....
Am Fmrlt flcf pf.
Am Strvl foundries.
Am Sns-ar H?f
Am Sugar IW pf. ...
Am 'IVI & Tel
Am Tobacco
Am Tob pf r.i-
! ,nt Woolen
I Am Woolen pf
I Am Zinc I. Sm...
I Anaconda (o;i M...
! Atrh Top iiH V ...
I Atch Top ,t S F pf.
I Atl CoaU Line
j Haiti Loco Vki..
02
I32W 135
SOK 2"?f
32 .12)4
70 70
C,7H CO
D7M D7!
70)4 70J
00 MH
02K 02W
133
2IH
si
00
07H
72
Wllf
rci(
tnr if'! s mf l
... 7.TJ "ill 7314 74)4
...10-1 14 10.. I03W 103)4
... At M MH 54
..100 10IW 101 '4 101'f
. .12714 124'! 124( 12t?(
... n.'j Wi id jn
... 4Wi fll AdH Ml
30
22
41'i '
8HS :
103?
S.'f ,
35! ( 1
tout I
112,'t '
!
WHEAT IRREGULAR;
DEMAND ABSENT
Lhck of Public Interest in Long
Side of Market Mdny
Reports of Damage
CHICAGO, March 14. After showing
strencth. wheat weakened today nnd ended
Mny, after selling up to
finished at $1.086, against
11.08 U at the end yesterday, and July,
I after rising to J1.08T4. closed at $1.07 H,
' ngnlriRt J1.07H. nt the close yesterday.
The low on Mny was $1.08 nnd on July,
1 l-0. ...
An nhschec of tiomanu tor export ana
sailing by early buyers nssisted tho re
cession, as did reports of rain In Central
and Western Knnsas. There was A lnck
of public Interest In the long side of the
market, because bf the overshadowing
weight of domestic supplies, nfid n lack of
demand from foreigners.
Many reports of damage to the crop and
an announcement by the Baltimore and
iim.i tinllrnml fnmnnnv that on Fridav it
iritu li'istt insu inlu ' would remove the embargo against grain
lUNJI UW't l" lltt'l , ... , ,,,,, , ... ii. hitn,t
Sates in Philadelphia
. 30' i 30' t 30
2 2,i 22
40 -Ml 4014
70 MH 7m.
10314 101 103
SVi 8' SJ4
3.-ili 3.V4 314
100! 1024 101
112 112' 11214
W4 r,:,H oi
ilald 1 0-0 WkJ pf 100
110 110 llo'i 110
..I2S'4 I21K 1OT 12!
..ins insi 107 ios'4
. ,10V 100 100 100
.. - ri.-iv4- mh r,m
..WtH l(M H 100',' 101
. . M'( mn st? s.v
. . H7'i Wi SS ,SS)i
. .103'j 10154 101 101
..101)4 HUH 10l!f 10i'
.110 now 110' 4 wh
11314 1I1U I1U4
109 10W
70' i
.nut
M.'li
0'i
2'
KKI
W
Western Pacific Reorganization Plan Operative
Tlio Western Pacific lleorganlzntlon Committee, Alvln W. Krcoh, chairman,
has decfared Its reorganization plan operative. Western Pacific first mortgage
bonds In tho sum of $44,000,000 out of a total outstanding issue of $50,000,000
liavo assented to tho plan of reorganization. Approximately $3,000,000 of tho
undepostted bonds Is hold In Holland under tho control of a Dutch committee.
,V.fl
13.,
(ON
10'
81
0.V4
23
r,r,
r,t
..no
.. tn
.. til '4
. . 22"i
.. r,i
.. 13
.. 30
.. lll'i
tM'l
in.-.
.S."i
10 f
8.H4
1)1
21
M
mo
W!f
111
Ul
01H
oi
r.?.ii
125,
30
!M!ii
705 i
12354
17
71
io'i
2m
Another Advance in Prices of Steel Products
PITTSBUBOH, March 14. Another advance In shapes mid plates has been
announced by tho Carnegie Steel Company. Structural material hns been marked
tip $2 a ton to $2.33, Pittsburgh, nnd plates have been put up $5 n ton to
$2.60. Tho advunco has been met by Independent makers.
Stock Trading in Cincinnati on Dollar Basis
CINCINNATI, March 14. KfTVrtlvp tomorrow, trading In slocks will ho on
a. dollar basis, instead of 'on a percentage, as heretofore. Tho ruling nlTccts tho
Cincinnati Street Railway, Cincinnati Suburban Bell Telephone, Little Jllaml,
Dayton and Michigan and Columbus nnd Xcnla, the par vnlucs of which arc $50.
Michigan Central Notes Renewed
Tho Michigan Central has renewed Tor ono year $4,000,000 of notes falling
duo on March 1C. It Is understood tho notes were sold tin about a 4 per cent,
basis.
CURB TRADING
ON BROAD SCALE
t:
New York Bond Sales
Midvale Steel Feature New
High Point Reached by
Cuba Cane Sugar
NETW" YOniC, March 14. Trading In the
market for outside securities totliv cn
tlnucd on a broad scale, with a further
sharp upward movement In tho leading
Issues. After midday, however, a sharp
reaction set In which carried values down
from 6 to over 2 points. Later a further
heavy offering and a sharp rally devel
oped. Midvale Steel continued the feature nnd
after moving up 1V6 broke over ". but
later recovered more than half. Poole
yr&B strong. Curtlss Aeroplane was 'ower.
Cuba Cane Sugar rose to a new high at an
advance of a point. Tobacco Products
-was Irregular. St. Joseph Lead was In
good demand.
Motor shares wero generally higher and
fairly active. Chevrolet rose IVi, while
Universal Improved .
Oils were strong and more active, es
pecially Standard Oils. Ohio Oil ana
Prairie Pipe wero active features. Copper
stocks were quiet, but steady. Pcabodv
Consolidated developed considerable activ
ity,, with plight fluctuations. Hands were
quiet, but steady.
rNDUSTIUAI.8.
IIIJ. Aaltrd.
Amerlcan-llrltldi Mfr IK :-
Atlantic Oult & W I H H ai"4 :H.
do pref -HH 4li4
American Murcont -1- Ha
AJax Itubbr Inc w I 71 U 71
Vunadlan Car Foundry tm ns
-.--do pref Hi HT
Chuvrolet Motor Car ., 14S ISO
curiua Aeroplane , i .:
Cuban Cnn. Sueur ."Vi r.i'i
prtxc-8a bu ry
Kn
:meraon I'nonoteraDh ..
Tltulcell & Darker Car ,
liraaeu jjanuraciurinff .
Inter Mer Jlarlno ,
So r-rtf
Kathodton DronzQ prf
Afantiattan Tranitt ....
Maxim Munition
Miaraiff meei ....
titta Elevator ....
Otto Kluntobr w I . . . ,
da pre(
PeerleM Motor ...,..,...,..
Pool Ens & Mach .........
1 Ht Joseph Lead ,.,....
B Kre'KS w I
Utand&rd Motors ...........
, Kubmartne Uoat v t c ctfa .,
fTrianala ntm v t ctfa
United Front Hhartnv
U 8 Uht Heat ,
da pref ..,.,.,,.,.,.
, White Motor w 1 . , , , ,
World FUru
STNDAItD Oil, SUUSIDtARlKS.
-?
Prairie
iiunoia
Dhlo OH
KOit CaUrornls, ...... ........233
S O of New Jeraey, ..,..,.. , ....S'.'tl
B O of Mew York ..,, .:U
QT11EH OIL STOCKS.
Harnett Oil 11
Coaden Oil ....,.,.,, .'1
cnaunera on ,...,
lraaslon Oil
Mldweat lletlnlne
MtNINO STOCKS.
S&pulpa.
Atlanta , ...
17
69
liutl J v i cm.
fcl X .......
ftioital Copper
llcUa k
-Si,." K
IP
8H
HI
nfjiniaUf irrer V2
: ISSSS.. v:;::::::;::::: ;, &
3na. Butler ., JT
Jumba B&teiulon j
pBiWgassSA--:::::::::::::
Mliua oi America , :
SleWu3 Mlnea Co ,gb
Sml'vr ... JB
KrU JtttnU
Cwn .6 . . . .
BPMJ8.
-. Oil
H
10
tin
1414
IS
Kg
3
lu
88
GOYEBN3IENT BONDS
Bid,, A"ed
teitutww i3u w
s ww iwo... ,m
am rasRWt" ao '--,t
S4HW4$reu iv.?a JSli.
I.Af ?
i nskund lA3i II II
. ,1 rttf tUrc4 lt .- 1MH
. M coupon JCJ
loss
10S?
tisH
lHgMSd PiWen4 by Nlpe Bay
frtwros, Marcn 11,Th Nlpe Bay
r ft ja. tho commas vtMlc, piayalila
la ta Mloek at xteotfL War eh 24.
f;tiittito Au tl Uvi4&4 vas tU
Illsli.
StillMI Alaska (lold cv llH..tinl
30011 A tner Aitr Sa Vl
toon Amor Cot Oil .-,.... n.-,!,
aiaiioii Anclo-Kr Ss tit
aoim Anu-r Smolt Sec ila..lll?i
50(H) Amer Tel clt la.... Ill '4
-OOO ) conv In 101 4
,2Snntl do ,-vt ViH KilS
illllio Amer Writ J'nn .'s.. lltlVi
"OHO Armour Co Ilia tlt'j
4IHH Alctilaon dj la... HT.t
UillHI iln cv 4 ltiil....lill
11(111(1 AH C I. IV,a U-2V.
& Onln ,'l Vj a . . li:l
ill .,
Iow.
l()tl
111
03 I
Ul
I1IK
am
Cloao.
Kill
titM
PS'. 4
J4
tl'l 'i
!i Hi
-. niH tiiei
IWa ll.lj. Iiiiw
I 1st fia..l03 llevj
HUH 11)1
107"i l()7'i
Cll'ij (ID 4
Vl'rf Dili
HI'.. S71.
till
ir.".4
u.
lui'i
101
112 4
u:i
Hit',
Jili
in.
HMJ.
tlll't
1IW
ss'4
7SJ,
I CIIIU Halt
.11111(1 ,1(1
IIMIII ilo la
oHIIOll do rv
mi.,., ihjiii fiteoi isc .ta. . iu:t4
VHIKJ !!ruo!c u Tr r,H JwiB-miH toi'.a
lilllO llroolt U 131 lt Aa..UU KlL'
aiiiiti IIubIi Trm lilds So Ns'j N.s'4
1100(1 C t: c Ken i...... -,nC -tii
.iiiiiii i-ent Ij-ath lat Ba. .llllI llil loi:
tlMiim Cent IMr lt In.... uoS u,iQ nil,
"" Chill Cupper 7H....I3IIU 1.111!? 1311ft
.1(1(1 I li JUu ,., t? ,..tZ
Slllltl do 5a in.ii;
1IIIKI Chi (It Wcrft U 72'i
iIOIMi Chi &. Xwn Ken -la. lit'i
lntiiio C It & Q Joint la.. lis.
1(10(1 di Iowa Is
111(1(1(1 C M ft Ht ! cv .1
1(1110 do cp 5s
270011 ilo cv Hi a ...
11)1111 Col South -IHs
Iiiiiii Cuban Am H tia.
100(1 CoinilUt Tali tia.
-MIIKI Cumber Tel Ra . . .Hl(li
MJt
ill la
tur. '.j
K.h
. . ii:i4
. .1(174
. .nil
..till'
.. N14
. .lnS
!IS,
s
mil),
1H7H
mi
mi ;
M4
!
NJ
11111
H'll '.I
TT 77
7hi 7S'.5
an 4 sn'4
7:14 a'
in 4 in 4
'k 1(13 '4
lti.i
!l(l
1MI
t:i4
WllJ,
7.r
Ml'.j
(ill
tl."l
111
U.1 i
Wl?
u.1
D-."
IU4
73
H'.l
Ml
1K!I
73 U
tuiS
1174
75
Ml 4
M
in
in .
111.14
7ii;
nit,
tlN",
11(1 i
1(174
Kit
10(1 J
.H,
lies
iimi.
inn,, ti. i r. n...i ,u ,i.. ,...., ......r
' . ,1114 in,,.. . it, i, -, null
Miititi Den & It O rfd 5b.. 57 .17
-,ii,o j'uiruit united l)ii, 7?
70(10 Krln conv 4a Ker A 71 i
Winn do Ser T 7h4
I'lioo Hud Is Man In 5j... .1(14
liliiti ilud & jjnn rfd 5a.. 7.14
MKKI III Steel deh 4 4a... Ill 4
i'Ooo Indiana Htcel 5a 1li:ili
1000 Iuwii Central 5a.... liu
ilooo Ina Copper cvila....lMi
71)00 Interli Alet 14a 73?i
4(100 Interl, It T rcfr.B... u4
770110 Int Her .Mar cl 44s lih'.
50011 Internl 1'aivr 5a 75
loon Japun new 0 N 4 4a Mi4
10(10 Japaneae 4 4" M
anon Kan City Ho 5a 1134
31000 lJicka Hteel 5a 11150. '.1 1 4
2000 IJ Hh deb 4a ID'J.1.. H5
SOOO I.k SI) .1.1. 4s 1U31.. HIS
5000 Mrlllard 7a 120
0000 lula lc N'aah 4b 05
5000 Manhattan ata 4a. . . 02
.100(1 Minn at 1' M S SI 4a n.14
4l)il Mo Kan ft T lat 4a. . 73
17(11111 da 2d 4s 42
10(1(1 da 14a 3'l
lillMl da ft! 5a 52
51101I Morrta A Cjhux 34 a. NT 4
niaiil Mo I'ac 4a 404
liMin Mont Tower 5s 0114
Iiiiiii Nat Tutw 5a........ H74
2.11100 N V c llud 44a.. 115
15(10 N Y Cent lis ....1144
2011(1 N Y CUy 4a 105T... IKlK
7500 da 4a 111(13 1117'!
7IHHI do 4'X 11101 Hlj
1200(1 N Y Has H i J !.. . HI
.lootl do 5a 1(1.14
30IMI N Y Ont 4 W lat 4a. S3
310(1(1 N Y Tlwy adj .'..... 112
Stum North I'ac prior !.. U3KH3S
luon do sen 3a Uil'i (!
511011 Ore Short L, rf 4s. liaVl 113U
.1000 o k IV It ft N 4s. . . KU4 S114
ouim facinc Tel oa 100
K1011 l-ubllc Serr K J 3a no
1000 Headlne ucn 4 a 01 T,
SHOD Hep I ft S 3s im
3IMHI Uock Island rfd 4s., tm 4
liloo Ht U I M ft 8 Glf 4s 714
4(KK Standard Mill lit,.. I)H
100(1 Seaboard A I, rfd 4a 70
3000 South Hell Sa 10(1 H
20000 South I'ac 4a KM
10110 da cv 4a ........ H4.V4
2000 du cv ret f p 5a. ,1(1.1
3(100 da rfd 4a 1)11 U
2000 South Hwy sen 4a.. 724 724
luooo south Ilivy con &a.,102t I02H
1000 South Ily St L 4s.. b S3
10000 Texas Co (is 10.14 10,14
VWT.J ,Ui(U 4V MWMT ., r Hm
2uuu -l'nira Ave aaj as,,, mi,
7000 Toltto 5a ., 7K4
14000 U S Rubber 0a..,,,10.1
II40OO U S Steei5a at ...,104V.
uooo Union I'ac let 4a... 074
2000 Union I'ac rfd 4a.,. 00I
8OO1I Un Kwn 8 t' 4a. . ,. 421
luooo Va Kwy -la DH
Kiuin Waah TKl Hi
300(1 W N Y ft fa 1st 5s. 11)4 4 1044 1014
lklXMI West El ft M cv Sa.131 1324 137
-tuuu liueeiili , te. tv u y
Unit A Ohio S.M,'
Halt A Ohio til 7()'j
llatoplla Mlnlne 2H
llethicliem SImI fi'.'Pj
IlotliVhftn Mivl pf l;2
llmokljn Hap Tr Kfl'J
llrum '1' & H It sec... W(
Hurni llrtw HI
lluttc Mtn"rlor IH'f
Cal IVIroliMitn 11J
C'al I'ctroleiim pi! filj
Canadian IMrlfle lfl.Vf 108
crntral iMther
Central Leather pf . .
( har.tllor Motor ...
Chii .t. Ohio
t'lillc Copper
t lilnti Copper ....
thli'aeo Clt Western
( fhlcign (It West pf.
Chi Mil JL SI i'. . .
C C f & St I. Bf..,
Chi & Notthncstcrn.
Chi H I A Par ....
Clurtt I'ea & Co...
Col lu.-l & Iron ...
Col & Southern ....
Consolidated (la. .
Continental Can . ..
( om I'radui:t Itef . .
Corn Pro I Hcf pf . . .
Crct Carpet Co
C'rurllile Steel
Crucible St,vl pr. ...
Cuban-Am wU2ar
Cuban-Am Kuiar pf.
I)illll See Corpil....
Dome Mine
Krl"
lirle 1st pf
Krle l!d pf
Fed Mln ft Sm
Fed Mln X. sm pf. ..
(ien Chemical pf H5?i
(Jftii-rol Klcetilc 17.' iril'f 171U 172'
lienerai Motors 470 -175 47,'i
(Juneral Motors pf iyi 113V4 113
C.oodrlch it F 7,'t'i 74! 7.15
(iranuy Consol (jo 90 j qoij
(irt'i'nf-Canano.i '. . f,o fi .)j
(Irrat Ntirlhcrn pr ,'JIJi l'J'Mi 122
(I X cfs for ore prop. . I."i 40 4GH
llllnnlj Cont lOl'H 10'Di 1(
Int Aurloullural 1!) 20)4 20)j
lot Aerlt'Ultural pf ... 110 (12 noJ
lot Con Cor v t c sh.. lfiU I73 17
int Con Corp pf .'t 7.1 73
Int Paper lti ti jih(
Int Paper pf 47 4K'i 47H
Insp Con Cop 47i 474 40.'!
Int Nickel v t cfs 7jj 40 4r;j
Int MM cor dp 17 17M 10'i
int m m pf c or dp., on'. 2J nnji
Jchi'I Tea Co Inc 72',' ' 72H 725
JPUfl lea Co Inc pf. .100 11)0 100
Kan city southern.... 20) i
Kan City South pf ... 00),
Kelly SprlnKfd Tire Co TA-i
KcnnccQlt Copper 7V.i
Lack Steel Co sli
Lake Krln & W pr...., 30Jii
Lee ltllbber Tire fit .
Lchluh Valley 771
MoscWIIim Ills 1st iiT. fe2J5
ril.'i
111
IP
03
2:tH
r,oj
1:1
:sotj
v:,u
. ,0 70.' I
.120'ii 127'S
. 104' 1715
. 70 71
. MV.i 47(i
. 20 201 j
.13.-1V 13!IS l.'ll
. X.Vi .S.Vi S.i
. 2.t 231 i 22'i-
. !l!)'i 01) 1JX.4
. 42 I". 4.1
. iUJi IMH !2lii
.110 117W
.jny, 210
.10.VJ 100
. lit 40' i
. &- 2.V.
XV (
I.Vi
29
HO
WO
1,15
KV,t
10' f
H))i
IM
2-IH '
M
107' i '
filli
111 I
(It I
02,'i
224'
r,:,!j
12,'
.10' a I
I).') I
70' i j
120!f I
i! 1
40' I
204 ;
1.10
S.-,'3
itt.'S 1
nu
4.1
0.115
no? no't
10 210
100
IS'
for export orlBltuitliiB on Its Unci, helped
the market for a time. Tliero ss-ns, how
ever, n rcontl ileal of rervoUBness.
Today's elearrtnecs wero motlcrntc nnd
arrivals nt Interior points were double
those of a year mro.
Liverpool shoss-etl ho confidence In
higher prices nnd thero was freo pcIHmk
there, Mnnltobas declining Cd. IntcrcHtfl
In Oreat llrltaln did not npcar to bo coti
corned os-er the news of damage to svln
ter wheat In tho United States. In fact,
they rnther expected nttch reports, nnd
botlc-cd that buyers there could not be
'P'i 1 dhiturbed becaUne of tno extent of the
-' reserves In tho United States nnd Canada.
The belief prevailed abroad that tliero
wouttl be no Improvement In the Inquiry
for American whent under present con
ditions. According to Brodstrect's, tho visible
mipply In the United Htntos Is 73.671,000
bushels, a decrease of 67,000 bushels for
the ss-eek, nnd compares with 114,772,000
bushels in 1IB; In Canada It Is So.fi 13,000
bushels, a decrease of 280,000 bushels for
tho week, nnd compares with 27,B0.",000
bushels in 1315; in Kuropo It Is 7ft, 200.000
bushels, mi Increase of 2,000,000 bushels
for the iveck, and compares with 01,000,.
000 bushels In 10 Id.
' I-earllne futurea ranccd ns follows:
1 ea any n
Wheat Open. liiB-n.
.inly l.nsj. l.osl,
Hept 1.074 1.07;
Corn (new .lelivery:
Mny 7Hi 774
July 774 7. J,
Hept 774 77
tMtR
May 14 4 IS
July 4a
100
IS
37
.ri2H
IIH
.11
SIM
M'i
024'
MJi
21)
110
TM
.174
fl.1!,'
45H
a
110
I-orlllanl I' Co
I.011U A. Xash
Maxwell Motors
Mai Motor 1st pf. . .
Max Molnrs 2d pf ..
Mexican I'clroletim. ..
Minn 4: St Loult ....
Miami Copier
Mhsourt I'arlflc
Mo I'ac tr ofi
Montana I'oaer
National Illvcult
National Dlscult pf. . .
Nat (loik & Suit pf..llt)
XatEnam & H Co 20
Nat Lead Co (17J
Nev Con Cop 10
II
IK'i
474
40
17M
72H
72Jt
100
L7I
02
7.T."
r7
Sl'f
.loin
704
N2
197
124
nu
S.1
474
lOUi
Pf
:ioif
51f
.14'
77 7OV3
12l?f 12.1
12P4' 123
10S
12.1
024'
MH
47
ion;
Pi
304'
44'
4.'i
02
7.1
so;
70
.11
77W
.SO
107
121
(12! j
8..
47
10P
W
3C,l
i
11114
73H
02tf
41151
12.115
4W.'
IICU
20V,
oon
171J
70
11
4S
47
4s;,-
17
njf
72'.'
100
27H
02
7.1
.riC'J
71f
WH
oil,'
7!)
80
107
121
02? J
85
47
102!i
4i
30?i
6
.nnl.
May 11.07
July 11.4.1
llllia
Mny 12.20
July 12.r,7
fork
Mny 23. .10
July 22.11.1
Hid. TAskeil.
II
11.20
11.4,1
12.77
12..1T
2.1.30
22.UT
tv.
1.0K
1.07
l.nn
711
77
77
1.1
12 tt
Cloae. cloa.
11.0S4l.llHja
I.071S 1.07
I.UII
7(lH
77
77
43'.4
7rtH
77 J
77
44
42 It
10.S0 "11.00
11.03 11.22
11.21
11. .10
12.07
12.30
23.02
S2.70
12.17 12,n7
12.37 12.B7
23.0,1 2.1.2.1
'22,h0 23.05
LONDON STOCK MARKET
0M
122) 1
12
70W
122
125
lOSlf 1081i lt)8!i
27'i 2fl!i 27
O-S.'f 07'f 0714
it: Wi 10
New York Air IlraV.M0' 1,W 148 1404
. fiO'i 075i 0QV 07H
.10.14 lOr.i lOaH 100
. 28U 2Stf 27JJ 24
UOU l'") 110H 1I9U
. so Km 83M my,
.ma ma nm mu
7777
.18
N Y X II &. II
X Y C & II It
N Y O & 1V.it
Norfolk & Western. .
Norfolk & Vet pf. .
Northern Pacific ...
Ont Sliver Mln
Pacific Mall
Pacific Tel & TO...
PennsylvanU It It.,.
People (lai Chi
l'eort.1 k Eastern
PhlladelDhli Co ....
!',& I I'itU Coil Co N J.
l"f-
II!) J,
107 C
1112 li
ll'
K.1
"If?
nun
sail
liioS
"4
Ho
iui4
7154
118
70
100 i
mis
10.1
1MH,
n-i
12(114
. o.,
l2i
01 Vj
K
:tn
r.-.'S
M
4114
on'
Hlji
00 (
U I,
03 S
M1W
lOO'J
UIJ
114K
tl
71
VH
70
10(l,
hT
iHli
1113
1111 U
72 i
gS
3
. 20 20
. ,10 .10
. ST 08
.lOIVi 100
. 1.1 S
. 42'f 421
20 2S3i
Pitts Coal Co X J pf.. 102)4 105
Pressed S Car Co
Pressed S Car Co rf.
Pullman Co
Quicksilver
Uuickiilrer pf
Hy Steel SSI' Co
Hay Con Copper
Iteadlutf
Heading 2d pf. ,
Wi 5S
.102 I02)f
im itKi
HJ
04
inr
2iw
844
444
Itepublle Iron AS.... a(
4tf
04
44X
214
K74
40
MH
57
105
J8
424
204
103
.17
1024
101
44
04
414
244
844
40
Sllj
20
.15
574
10SK
H.
424
294
1014
574
1024
10.1
44
04
41
3-IM
804
40
51
N3'i
7HVJ 7s
103 103
101 H 101 i
U7 B7S
nun
42
14.
1)0 1:
421
1)3 S
ni
Extra Dividend by Oil Company
INDEPENDENCE, Kan., March H.
The Pralria Oil una Gaa Company to
day declared a dividend of $3 a share and
an extra -dividend of 13 a share, payable
April 23 to holders of record March 31.
The last payment was )3 a share on
January Jl.
Price of Oil Boosted
JNDEPENDENC . Kan luTardi 14.
Pralria Oil and Caa Company today ad
vanced the pries of mldcontlnentat oil 10
centa a tarrel to J1-B6.
Lead Advanced to Seven Cents
NEW YORK. March M- -Tn American
Smoltbi. and Koflalos Company ha d
yass4 the prico of )ad to 7a,
Kepubllc I &. S pf U14 112 1114 1114
Rock Island U H i j
Rock Mand pf 3, JJ 4 )j
fit I. & S Y 1st pf . . . . . 54 54 Si
Niauoirl Mr Una l.Vi ISlf. 154 154
Scaixianl A Uoe pf... sn 304 fjf54 .114
Sears Roo & Co 177 170 170 170
tdiat Ariz Cop .1S4 ;Wi ,'H US
Sloss-Sllff S ; I .174 584 5S 5S)f
South rorto It Sua.... nil! ( 1 SI j$i isi
Southern Pacific 0t4 094 00 004
Southern Hy 214 214 214 214
Southern Ily pf 50 594 594 594
Studebaker Co 1404 14UJX 1404 147f
Btuacbakcr co pr 1134 1H 1134 11
Tenn copper S7H 58
Tuias Co 190 108
Texas radilc 74 7H
mini Aicnue 01H 024
Union Dae & Paper., 74 8i
Union Uas &. P pf . , . . 304 33
United Clzar Stores. . . 04 OH
United Clsar Mfrs pf.-1004 KW
Union Pacific .,..U1 1344
Union Piclflo of 8.1 834
U S Ind Alcohol 1574 157J. 154 I5IM
U S lad Alcohol pf, .. .1054 100 1054 106
VHOll' & V. ,...,, U3H 2014 2411 24H
USOIP i F pf..., 50 52 60 51
United Krult ,...1444 1454 1444 H4K
U S Realty i Imp.... 484 48 48 4S
U S Ruhber 514 S3H 62 52U
U S Rubber 1st Pf-. 1074 105
U K SUtl Copa. . , ., 85i bOU
U S Steel Corpn pf.,.1104 U7
Utah CuMf KlJi &3i
Ya-Cam Cbem 40 47 404 404
Va Iron Coal 4 0 52 54 51 51
Wabash 14Jf 14V 144 14K
H'abash pf A 43M 444 434 44
Wabash pf 11 20Ji 27H 28JI 27H
Wells Fargo Eip 1254 125 125 125
WntK&M 684 OUtf OflH C94
764 77 77 77
27 20 2dK 20
43H 444 43M 441X
OH 914 U0.4 01
3 3). 3f 34
134 13 13 13
i Hi 4H W
221 235 Zil 23U
57H 58
108J,' 197H
71i 74
01.4 CUf
74 8
304 32
04 OH
108 1118
1334 1344
834 834
103 108
85JI SHit
1164 1104
S2ii 82.4
West E 4 M 1st pf. .
Western Mary land.,.
West Maryland pf .
West Union. Tel
Wheel & Lako Erie.
Wheel L E lit pf
Wheel lc. h E 2d pi
WUiys Orerland,...
WUly O pf s p. .
wooiwwui- yn
Quoted ex ilvliaoo.
105H 1054 1054 105U
UIH 121 V9H VSUi
Disposition to Await Wnr Estimates.
Canadian Pacific Rallied
LONDON. March 14. AlthoURh tlic
Stock MxchnnKo markflts were Idle today,
tho tone of securities on the whole wns
Ftrndy.
The rsllt-cdfio section wns hnrd. There
was, however, n disposition to awnlt the
speeches on the war estimates in Parlia
ment this nfternoon.
ChnnRCB In tho Home nutlwny ,Dcpnrt
mont were narrow nnd mixed. Tho North
British Rallwny Companj-. announced nn
issue of 5 per cent, debentures, but tho
amount was not stated.
Americans showed Improvement In
spots. Tho fcellnrj with regard to the
group, however, was reserved, pending
nows from tho market at Now York and
on tho Mexican situation.
A rally occurred in Canadian Paclflcs.
Argentine rails moved upwnrtl again nnd
had n more healthy nppcarance.
Foreigners wero checkered. Japanese
Issues tll.1pl.1yed heaviness, notwithstand
ing the repayment yesterday of 1,125,000
Japanese Treasury bills.
Portuguese Issues are feeling Germany's
declaration of war against that nation and
wero weaker.
Lighter support from tho Capo caused
Kaffirs to pause. Coppers wero In favor.
Rio Tlntos were fMotcd at 61 U- liubber
shares were dull.
DIVIDENDS DECLARED
American Un" and Klrctrlc Company, resu
tr ouurterly 2W per cent, on common, pay
able April 1 to Htock of record March IN; also
rrcular ounrterly 1W pr cent, on preferred,
nayiibln Jlity 1 to slnrk of record April 18.
Itnyal Itiiltlnir Powder Company, regular
marterly 1W per cent, on preferred and S per
rent, on common, payable March 31 to stock
of record March 10.
Mtitnd.ird Motor Construction Company, a
dividend of 0 ptr cent., payable In two Instal
ments, 3 per cent.. Muy la to stock of record
April 110, anil 3 pr cnt. November 15 to
stock of record October 110.
1'ralrlo Oil and tins Company, reirular auar.
terly of 13 and an extra la per share, both
payable April 20 to stock of rt-cord March 21.
United l-'rult Company, iiuartcrly of I nor
share, payable April 15 to slock of record
American Ilrako Hhon and Fauntlry Com
pany, resularly quarterly of '.' per cent, on
preferred and li per cent, nn common, pay.
ablff March 31 to holders of record March tM.
National l.tcorlco Company, quarterly of l'.i
per cent, on preferred, puyable March 31 to
holders of record March 'i
riloas Hhetneld Hteel and Iron Company usual
quarterly of l?i per cent, on preferred, pay
able April 1 o holders of record March iOv
tit Iduls, Hocky Mountain and Paclflc Con
pany reaular quarterly of 1U per cent, on
nreferreil stock, payable March 31 1 books
iloe March 20 and reopen March 31.
American Seedlne Machine Company, resular
quarterly of 1H per cent, on preferred and
1 per cent, on common, payable April 10 to
stock of record March 31.
LIVE STOCK QUOTATIONS
CHICACIO. March 14. HOOS Hccelpts. 12.
000. Market Be. hleher. Mhjed and butchers,
in softlOs vaod heavy, sn.SUOlO; rouirh heavy,
lll.-VlOa.-r-V llsht. 10.45010; phis, n.BSQB.lBt
bUCA"rnJ:Heece'ipts. 4300. Market stront.
Beeves. Jlftio; cows and heifers. UOB.SOi
stockers snd feeders, I5.T5WS; Texans, tTiP
H 75: calves. $0011,
Ml UK I' Ilecelpts, 13.000 Market stronr.
Natlv and Western. 14,1508.75; lambs, 18.23
OH. 00.
Money in London
LONDON, March 14. Money 4 to 4.
Discount rates, short bills, 6J4 per cent.
Three months bills BH per cent.
ELKINS, MORRIS & CO.
BANKERS
Land Tills Building
Philadelphia
Scranton Electric Co.
1st Ref. S, 1937
Nashville Gas & Heating Co.
lt 5a, 1937
Union Utilities Co.
1st 5s, 1944
Metropolitan Electric Co. of
Reading
1st 5s, 1939
Prices On Application
lllllKCTOHy OF ACCOUNTANTS
at
iX&WftlSrteiJ'E. urowm CO.
in
50
no
13
1(1 00
40
Son
30
2n
10
Ion
,1M
no
3iki
371
13.".
32tl0
315
jo
25
r,
r.o
1415
130
1A1
1140
4211
3
10(1
3.1
.1
370
1UII
. ""
10S4
MO
.'"
211(1
10
l:t.-.
.133
3.1
120
II1II0
10
14.3
l.-.ll
27.3
Fy TB
Am Cur A
Allls-ChM
Am Cnn .
Am o .
Am I .AC
Annconds Mln 88ji
HAici jirn ...
Unit Ohio,.
J (1 Drill ....
Ches Ohio. .
Cam Iron . . .
Cam Hteel . .
Cruc Htcel . . .
Con Ttdr N .1
Mice fltor
Krle
Uen AKphalt..
do rfd
tit Nor Ore..
In Co N A. ..
Key Tel pfd. . .
I.'.nn. (Vn
I.ske Run Corp lijii
Ihhrh Nav
irf-nicii vni
f.eh Vl Tr.
do pfd . . .
Utile Hchuyl
North Central s'l
North I'ennn . 113
reiinn It It... 117 H
I'n Hteel pfd. HHU
I'h Co cum pf 41
Phlln lllec .. 27 'K
I1 II T t n III
Itcp 1 H ftlfi
Iteadlnir N7'.
Fo tlnlltrav.. 21 '.
Ton llelmont.. I 'I
Ton Mlnlnir. . . n',
I nlon. Traction 43
rniteii t 1.
V H Hteel ..
. do pref . . .
tvet Klec . .
War Ir Ht
York Itwy .
do pref . . .
Net
, Low. CIoe. chire.
lift lift T'iZ
: a:i a.y-n -r
nsH n-iH 3S
121 120., 121 ,!,
a snH 1H 4r
.?? .?? ViU
llir, Jli, I'i.f -r'
SSH ss BJH .. 1.
43H 30 43 4-4U
03 (1.1 03
V& S S8
Vi nA :::
nsii ntH 63'A 1M
3S 37 3S
73 704 73. 2tt
4.3H 4.3 4 5 ti ..;;
25 t 23 4 2.3, Vi
n? n on. ......
?lt mil R71 4. i
1!., 1!., vii
in. (; i'-s -T.4?
70 78N TO. J
23 U 22(4 23 U 114
14 43t 4IH Tk
51 54 51
nifL inifz itiiri
XX HI
113 113. !,
57 57 U 4- i
118 V, IHU W
2k ih,
lKH HI,, H
SJS 7K M
21S 21 Ji .....
n'4 tils 4- 'm
43 411. - W
m v, sii".fc w-.i'.fc :,
. mi). S3, pit , -t- ;
.110)4 110)4 im'. Ji
. tin 4 (17 h mi .1
..in, 10 J, IciH .....
. II toi 11 H
. 37 3T 37
Tolnl nleH, 2n.Rnt fthiircn, cnmp.ireil with
IH.IJJH hirf. yciterdnyi tlni fur till. "cck.
43, 7711 siiitrrM sutiie perlotl Innt nerk, 10, KM
hlntre.
HONDA.
jnoii Am O, & 1:1 5s n.iV
41X111 Iln I ky 1st r.s.lll.vS
.200 Interst Itys 4s. r,H'i
limn I, N ens IVjs.Ki3
toon t, V foal its. 105 Ji
120110 I'h Co cons 5s 113 V4
liMio I'lilla Klcc la HI
3000 ilo 5s 101
10(10 ltend-Jr t' Is 1)34
21101) Hlnnd (Inn ris. nil9,
4 Increiisc. Uecrense.
Tntitl miles, 827.000, romnnrrtl with IT,(100
.vr-lrrdiiyi thiii far llil week, 875,5001 same
period hint neek, 8233,1)00,
Low. Cloe.
11114 WA
054 littK
5SV4 58 1
103 111.1
1 0.3 103,
P.l'l ll.lji
8.H4 h.lti
1111 104
113 S 0,34
till4. 111)'.
Net
clme,
- 71
n
Local Bid and Asked
Ilntdwlti
lturr & Hun t c
do pref
Drill J (1
t.'ani Hteel
Illcctrlc Hlnrngo....
tlener.it Asphalt . . .
ilo pref
Kcyslonn Tel
do t c
tlo pref
I.nko Hujierlor Corp.
LcIiIkIi Nav
lA-hlsh Valley ,
l,ehlh Valley Tr....
do pref ,
1'ennsylvnnla
I'hlln lllec
l'hlln C ,
do 5 per cent, pfd.,
tlo 11 per cent. pfd. ,
1' K T t e ,
Heading
Tonopah Detmont
Tontipnh .lllnlni; ....
Union Traction
United tliin Itnprov..
If H Hteel
Yolk Hallway
no prei
Wm Oram
Today's
Did. Asked,
Jrnmp t u
111
Mlta
nn
".
HI J
73
I4'
1IT4
1074
78 ai
23
4 1
57 U
12
37 i
II
III
Mm
n'.4
13
Ml'4
Ml)!
10.
3(1 U
73
1UU
42
lid
14
iir.'i
.in
73 14
1.3
,r'..
OH i
II
7(1
44)1
57 til
i:i
4(1
15
ltl'i
811 .
I'.
0 '
II
Nlji
MUU
11 u
37 U
80
Yesterday'a
ltd. Asked.
HOHi 111J4
Hi?
41114
38
81
H.1Vi
31
70
14ti
JS4
r7
57
42
37 Ji
43.
'
ft
811 4
111.
3(1 U
75
IK)
a.
Hlti
14 ,i
3.3
7IH4
15
15
(III '.j
II.
T5H
lh
43
57
57i
43
40
41.
KIT.
37
80
PUBLIC UTILITIES
A quarterly tllvitlentl of 1 '4 per cent,
on Us preferred ttoclc lias beer, declared by
tho Northwestern Klectrlc Company, pay.
ablo on April 1 to stock of record March
24. Until now the dividends liavrrhecn
paid semiannually, hut in tho futuro they
will he paid quarterly. Tho gross earn
ings of the company for the yenr ended
January 31 wero $632,981, net earnings
$366,715 and the surplus $170,76:.
Tho Havana Klectrlc Railway, I.lfrlit
nnd Power Company reports for January
gross earnings of (192,071, an Increase of
$18,349 over January, 1915; net earnings
of $305,789, an Increase of $21,6CS, and
surplus ot $200,192, or an Increase of
$19,358.
The Winnipeg Electric Ituliway Com
pany reports, for tho year ended December
31, 1915, gross earnings of $3,G63,895, as
against $1,101,302 for the preceding year;
net earnings of $1,331,737, against $1,685,
091, and tolnl surplus of $782,598, as
against $816,309.
Tho West India Electric Company, Ltd.,
reports for 1915 earnings of $274,318, as
against $288,925 for 1914; net revenue of
$130,950, as against $83,696, and a surplus
of $81,541, as against $133,369.
Tho Consumers Power Compnny reports
for the year ended anuary 31 gross earn
ings of $3,972,806, or an Increase ot
$516,550 over tho previous 12 months net
earnings of $2,337,533, an increase of
$882,485, and n surplus or balance of
$1,018,910, or a gain or $205,820.
The Toledo, Teorla nnd Western Rail
way Company reports for February gross
operating revenues of $97,425, an Increase
of $6771 over that month -ln 1915. Net
operating Income totaled $11,807, a gain
of $9913.
HOME STATE
INVESTMENTS
No. 5
Wo Offer and Recommend for
Safe Investment First Mortgage
Bonds of a Pennsylvania Indus
trial Corporation. The Bonds
were issued less than five years
ago, yet more than one-fifth of
the issue has been retired by
the Sinking Fund. Callable at
105 and interest. This invest
ment will yield about
534
Tax Free in Pennsylvania
Details on application
BANKERS"
ESTiBiisiicn 1802
Utmbirt Ktvi York and Philadelphia
Stock ,'rchax0s
Hsoid imp Chestnut Sts., PuiUDi.
30 Pinis Stbeet New Yoik
TI If
REDUCE YOUR COST
OF GASOLINE
The price of sasoltns Is going up.
Pennsylvania crude oil has advanced to
t2.no a barrel.
Uvery usr of oil and gas should own
oil and ess stock. Thus his own con.
sumption, t-rndorrs dtvld-nds fof him.
BARNETT OIL & GAS CO.
Present luo si, OiKI.OOO.
Capital 82.S00.00U. l'ur Value (1.00,
ho Uonds.
No Outstanding Indebtedness.
, Offers unusual opportunities on ac
count of present earnings.
Traded In on Kelt York Curb.
Writ tor Special Circular So. .
E. H. CLARKE
Investment Securities.
(7 William Ht., New York city.
Booklet. "Fast. Present and Futura if
Independent Oils," oa request.
J. K. Idee. Jr & Co. Buy & Sell
n.i:.. Uii.. a: o n t:
Hcviiau t-icub! rung a nan oia
Victor Talking Machine
Inauiriea Invited
J, K. HICE. Jr. & CO.
Phones 001 to. 4010 Jofta. 0 Wm 81,, M. f.
FTCRT?TTARV 1?.ARNTtSTaS OF TCF.YSnivTT?
. TELEPHONE COMPANY WERE GOOD',
Gross $9006 Larger Than Same Month Last Year and'!
XTi. oi A rl OMrJOO All XT Ttir-i , U'i
iNei, oiiowuu jruin ux .p-i. xi.11 new miuvaie
Steel Stock Subscribed
There wns very little news In the local
finnncl.1t district today. The moat lm
liortant thine of Interest was tho Fcbru
nry earning statement of the Keystone
Telephone Company, which was Issued In
tho morning. Tho statement compared
very favorably with tho same month of
the previous year. Gross earnings wero
$117,726, Increase, 9O06 t net. $B9,183, In
crease, $722, nnd tho net surplus for the
month was $31,730, a gain of $300B. For
tho first two" months of tho fiscal year
gross reached $234,834, Incrcnse, $10,228;
net, $117,894, Increase, $8494, and the net
surplus for the period was $62,988, In
crcnse, $0312. The company's common
stock did not sell today, but the preferred
was Unchanged nt 69.
Announcement was made In New Tork
by Frank A. Vanderllp, A, Barton Hep
burn nnd Charles If. Habln, managers of
the syndicate that underwrote the offer
to stockholders of the Mldvalo Steel and
Ordnance Company of $26,000,000 stock,
nt $60 per share, that tho entire amount
tint! been subscribed and thnt the syndi
cate had been closed,
With this stoclc out of tho way and tho
Issue of $60,000,000 bonds In the hands of
Investors, the .Street believes that nction
will soon bo token to list tho stock on tho
Philadelphia Stock Kxchange. The Street
had a report todny that tho company Is
earning nt tho rate of $30 n sharo on the
common stock, nfter the payment of nil
depreciation and Interest charges. On
tho New York Curb the stock wns strong
today.
Stockholders of the Maryland sti
Compnny will hold a meeting nt Snarr.
Point. Md.. tomorrow nt noon, tl?iT..
purpose of giving their sanction to )h.
recent sale of the plant to the llethtel,.,.
Steel Corporation. "nientm
Overshadowing everything ese n.
'Change today was the strength shown
in J. Cl. Brill stock, that Issue advaJX
4 points before noon. There was hn
news forthcoming to account for th
strength of the stock. Along with Drill
some activity wns shown In Klectrlc stor.
ege nnd It advanced Hi points.
Demand for Lehigh Valley Transit
common and preferred, caused ndvnness
In those stocks, both making new hlrt
records. The common was up lit, wh,,.
tho preferred was up H. The earning,
of the compnny nre said to be good. Amer.
lean Gns dropped 1 point. The February '
statement of tho Tonopah Mining Com,
pany, showing earnings of $60,638, agalntt
$26,000 In January, had no effect on th
company's Btock. In the afternoon It sold
off n small fraction. Just before the cln.
P. n. T. sold down $1. M
Cambria Steel touched a new top mark
lato In tho afternoon by reaching 81 14 on
tho sale of 285 shares. Later 81 H was bid
for 100 shnres. Tho price Is a half above
tho prlco which the Midvale Steel and
Ordnanco Compnny paid for the stock of
the company In taking It over, and the
Street thought that theso prices rep
resented lumping by some one who ai
short of tho stock. Beading was n feat,
uro. advancing n fraction moro than three
points.
FOREIGN EXCHANGE
NBW YOIUC, March 14. It could not
be learned that nny business hnd actually
ben transacted lato yesterday In relchs
marks nt 75 1516. This morning relchs
marks wero reported a slight shade bet
ter than the low records mentioned, at
72 1-10 nnd 72H.
The cnuscs contributing to tho weak
ness In German rind Austrian exchange
have been the subject t continued criti
cism and explanation. Briefly, they nro
due to nn enormous decrenso of exports
from Germany, In tho face of consider
able Imports, Theso nre tho specific sup
ply nnd demand reasons. Other Influ
ences which havo undoubtedly been re
sponsible In part have been the construc
tion placed upon tho developments In tho
great Kuropean conflict. Vienna ex
change was a little better, being quoted
nt 12.50 nnd 12.53. Tho extrcmo low
record for this class was 12.06, In Jami
nry. Sterling rose to 4.70 for demand
and 4 . 7 G aj for cables. French exchange
was flat at o.OO1)! for cables and 5.91V4
for checks. Other quotations were: Lire
cables, 6.69; checks, 6,70; Swiss cables,
6.23 and 6.24; Stockholm. 28.60 nnd 28.60;
pesetns, 19.09 and 19.12; guilders, 42 5-10
nnd 42 7-10; rubles. 314 nnd 31.
In tho nftornoon the market, although
ns dull ns heretofore, wns fentured by n
new low record for rclchsmarks which
wero quoted on nctunl llgures nt 7174.
The previous low wns cstnbllshed lato
yesterday at 71 15-16072. Sympathet
ically, Vienna ruled easier nt 12.46.
Thero wns little feature to tho other mar
ket beyond dullness. Sterling, notwith
standing Inactivity, held steady.
RATES FOR MONEY
Call.
New York lfiP'J
Philadelphia 3H0I
lloston s.,.
L'hlcnco . 3Wfflt
Commerrlat paper, three to six months,
ndclphla, U'.dW! per cent.
Time.
4 Sm-,1
, I'h II-
BANK CLEARINGa
Dank clearlnss today compared with cor
responding day last two years:
11)10. 11)13. 1014.
l'hlla. . ..J.Id.HlO.Ufll t2.1.r03,40T $20,043,820
lloston . . . .111. 4110,0.1,-1 II.Sl'H.L'lH 3L',0IIS,08O
New Yorl.540.1ll7,nir 341,0,370 38.70.1.110
llultlmore. 7,38.1.11.1.1 .1,803,007
Chlcairo ... A0,4-J'.0.17 B3.4-J1.71I2 01,444,818
St. Louis.. 1S,0'J7,700 11,787.777
N. Y. Railways Increases Dividend
NEW YOIUC, March 14. The New York
State Hallways Company has declared a
quarterly dividend of IK per cent, on the
common stock, payable April 1 to holders
of record March 23. In tho last year
quarterly dividends of 1 per cent, were
paid on this Issue.
LOCAL MINING STOCKS
TONOPAH STOCKS.
riM
.llm Ilutler 87
MncNamara 00
Mltltvny in
MUPAh Extension ,. . ,17
Montana ,21
Northern Klnr ,,. ,1ft
Tonopah llelmont 4 .1.16
Tonopah Extension 4 7.18
Tonopah Mlnlnir 04
ltencuf! Eula 2.1
West End 70
noi.DKiRt.n HToriKs
Atlanta 18
111111. null
lloolh
llulhloc
i: u u ,
Combination Fraction
DlamontMeld 11 II ...
Daisy
Florence
tlolilllelil Consolidated
(loldDold Merrer ....
Jumbo Extension ...
Kewnnas
Oro
Hand Ken
silver rick
.0.1
.02
.03
.011
.02
.01
.41
,8S
.12
.87
1
.01
.03
Kftlrv A2teo
Klmberly
Nevada HIM ....
Arizona Un . . .
Nevada Wonder
MISCELLANEOUS.
.1)1
ot
17
:ir.
1.70
Aslwd
.8
.08
.17
.la
,:j
.18
JI'
.S7
.72
.17
.04
.38
.03
.04
.01
, .03
,0
.41
.to.
.1.1'
.ss
.'1
.OS
.ot
.uj
,03
.03
.IS
.43
1.71
Four reasons why
Southern California
Edison Co.
General Mortgage
5 Gold Bonds
are attractive to in
vestors are given in a
special letter we have
just prepared.
We invite requests for
this Letter No. 348.
V.
William P.Bonbright&Co.Jnc. ?
MORRIS WI8TAR STROUD, Jr,
Munuirr
437 Chestnut St., Philadelphia
New York lloston Detroit
London Paris
William P. Ilonbrlzht & Co. Bonbrlcht A Co.
The First
National Bank
of Philadelphia
315 Chestnut St.
WM. A. LAW
President
KENTON WAnNE
Vice-President
TITOS. W. ANDREW
Cashier
CIIAS, If. JAMBS
Assistant Cashier
PHEAS n. SNYDISR
Assistant Cashier
II ArmY J. IIAA9
Assistant Cashier
Mrch 7. 1916
RESOURCES
Loin and Investment!. . . .$23,211,419.97
Due from Banks . 4,888,084.46
ExcLantfsa for Clearing Houia 901,584.06
Cub. and Reicrrs 8,638,953.24
Total .
$37,640,041.73
LIABILITIES
Capital
Surplus and UndivicUd Profits
Unearned Discount
Circulation , .
Uapofits ,
Xotal ,
DIRECTORS
$1,500,000.00
1,621.101.73
42.280,24
1.000.000.00
33.476.659.76
$37,640,041.73
J. TATNALl, LISA, Chairman of Uonrd
K, W. AYEU WIIXIAM P. CEST JOSEPH n. HeOALL
CIIAS. S. CUILD GEOnOE A. IIEYL, KllED'K McOWE.V
JOSEPH 8. CI.AniC SYDNEY E. HUTCHINSON SYLVESTER S.' MAItVIN
CYRUS 11. IC CUHTIS E. C. HIV IN RANDAL MORGAN
FRANKLIN IPOLIER WILLIAM A. LAW J. W. VAN DYKI3
r ti
Your, Idle Money
Should Earn Interest
Funds for any reason lying idle may be de
posited in" a reserve account with this Company,
subject to Check or on Certificate of Deposit,
and interest will ba'allowed on such accounts a
rates proportionate to the size and character
of each.
Inquiries by Mail Wi 1
Receive Prompt Attention.
Philadelphia Trust Company
Main Ofllce
415 Chestnut gtre
Broad Street Office
H15 Chestnut Street
1J
JS&C3-.
l.1
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