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-taffiftsr;
BYfyQ LJBPGEBPHlLAPaLPHtA, THtTRSDAY, aiARqH 16
191,6.
r"" " - t i i ii. -!- i i v -i Tin n i
:..-. FINANCIAL NEWS
UMfBt
WPE FLUCTUATIONS WERE AGAIN
RULE IN WALL STREET TRADING
, -
ilative Element on Floor Gave Peace Talk as Rea
son for Selling Liquidation Brought
Recessions After High Levels
KE
Vfffii
New York Stock Sales
Last close.
v if-V JHgh Points in Today's Financial News
Loan of $7S000000 for Dominion of Canada arranged in New York.
pte'w.Jerscy Public Utility Commission approved $28,000,000 bond issue of
JStietltailroad, and Georgia State Commission approved $7,000,000 issue of
Southern Railway Company. Prices of shafting and steel chain boosted.
Wdtra dividend of $5 declared by Prairie Pipe Line Company. Ohio
C&mpany raised crude oil prices 10 cents a barrel. French checks weak in
forexgn exchange market.
NEW YOnK, March 16.
frith the resumption of tho bull movement, which 1ms been Indicated by
the. feourBo of prices since tho beginning of tho week, tho stock market litis
again, Ijecomo ono of nbrupt fluctuations, nnd realizing sales nro at times In
laro",.volume, and when the supply from this source Alls the current demand,
reactions occur.
This Is what happened for a lime during the nftrrnoon: After high levels
had been reached, the selling by the Hold-Moore party and other largo operators.
Who were desirous of shaking out an underslrable following, coupled with
pressure by tho room, caused recessions In somo stocks ranging from one to
around threo points.
The speculative clement on tho floor announced that they were selling
the Market on penco talk, but outsldo of the boardroom floor thcro seemed to
be nb' special reason for bearish operations. "Whllo the selling was In progress,
however, lower prjecs naturally resulted. The Street concluded that Distillers
Securities was Just as good without a dividend as with one, and nfter that
stoclt sold at 47, It easily advanced to nbovo 48.
Taking tho market situation generally, prlrrs of the majority of Issues
worcj established at materially higher levels, Including the record-breaking
movements mado In Inspiration and several other stocks. It Is now positively
known, that a dividend will bo declared on Inspiration next Thursday, but It
cannot to ascertained whether tho payment will bo 11 or more.
In the foreign exchango market tho only feature was tho weakness In Paris
exchange, which sold down to $5.97, npproachlng its low record of Jfi.05 made
last 'August
Alaska 1 OoM M DJf
Alaka Gold Mine.... 20U
AllU-Chalmtrj Mfj. . . . 32H
Allli-Chal Mfe pf .... MM
Am Ae Chemical r0!
Am Ilect Sugar 72(
Am Ileet Suear pf .... JWU
Am Can cai
Am Can rf 112U
Am Car tc Fdy 72U
Am Car A Fdy pf 110)4 118
Am coal rroduct! 103)4 IGS
Am Cotton Oil KM S0!j
Am Hide & leather... 10H UH
Am Hide A h pf 60 61
Am Ire Securities 2W4
tilth.
m
21
.3.1
't)H
r,9'$
7.T
05! i
KM
111
74! i
Low. Cloae.
mi w
20)4 ?05
32 ..1'2'
80)4 80! f
(VS i!l
72)4 73
0.Vf 03!
WHEAT MOVED UP;
CROP NEWS GOOD
Buying of Good Character.
Liverpool Market
Turned Weak
Am Unwed ..
Am Unwed pf
Am lieomollre
Am Uxomotlro pf. . .
Am Malt Corpn
Am Malt Corpn pf. ..
Am Smelt A Kef
Am Smelt A ttef pf. .
Am Smelt pf A
Am Smelt pf II..'
Am Steel Foundries.
02! 4
111
73
118
104
KM
in)f
60
29)f
22
m4
HIS
10.1'i 101
S 8
:Vi . .r
04!4
111
73
118
108
M
10)4
CO
20)4
22)4
42
81
20!f
2l!f 23)11
. 40)4 42
. 8l!i 83'
.low 101
. 8 h'
a.-.u x
.102X 10:l!4 102'4 102JI
.1I2!( 113 113 11!)
. t)3 01 IM !
. 87 87U 87!f 87'f
Am Sucar Itef 10914 1I0! 109!f 110)4
Am Suear Ret pf 11S)4 HfiK Mii 11W4
$75,000,000 Loan for Canada
&EW YORK, March 16. Arrangements have been made for a loan by
Jocal, bankers to tho Dominion of Canada for an amount probably In the nelgh
borhpod of $75,000,000. It Is understood that the loan will bear Interest nt the
tu vt. u j;r teni. una win run irom nvc to ten and n years, while It was
Impossible to obtain details regarding the negotiations for tho loan, It Is
unacrsioou n puwic oircring or tnc new honds will bo mado about April 1. It
is also- understood that tho prlco at, which the bonds will bo offered will bo
a Uiflo better than a 6 per cent, basis. Tho purpose of this loan Is to meet
latcrnal obligations of tho Dominion Government during tho current year.
.
J Eric Bond Issue of $28,000,000 Approved
TRENTON, N. J., March 10. Tho Public Utility Commission today Issued nn
ordeJ: approving a bond Issuo by tho Erie Railroad Company amounting to
$'28.0,00,000. to be known as scries "D." Part of tho Issue will bo used to
refund $10,000,000 series "C" bonds and tho remainder Is for tho. purposo of
refunding $13,280,000 thrce-yonr 5& per cent, notes, maturing April 1. 1910,
andjto reimburse the treasury of thn company for moneys expended from
tecomo within tho lust five years for capitalization purposes.
Southern Railway Can Issue 57,000,000 Honds
ATLANTA, March 1C The State Commission today authorized tho South
ern Itallway Company to Issuo $7,000,000 first mortgage 5 per cent, bonds. Tho
proceeds aro to bo used for doublo-tracklng the line between Cornelia, Ga and
Central, S. C, and other Improvements.
Ln.cr,r,JIccs of Shafting and Steel Chain Advanced
PITTSBURGH. March 1C Manufacturers or shafting have advanced prices
15 aton. They are now quoting 25 per cent, off the list as a minimum for car-
load'tonnage. steel chain has been advanced $5 a ton.
SENSATIONAL GAINS
EECORDED ON CURB
War Issues Again Leaders.
Ciba Cane Sugar Up Five
Points to New High
l
NEW YORK; March 16. Further sen
Mtlohal advances, w.lth renewed activity,
marked tho trading on tho Curb today,
arid firhlle heavy realizing took place when
high -levels were reached, tho reactions in
mostcases were small.
"Wir Issues were .again the leaders.
Cuba" Cane Sugar again showed pro
nounbed strength, moving up nearly 5
pointjt to a high mark, while the preferred
waa more active, fluctuating at a range
of nearly 2, points.
MIflvae Steel was under good support
and advanced 3 with only a small re
Rctloh, Drlggs-Seabury rose 6 points on
Increased dealings. St. Joseph Lead was
active and rose to a new high.
INDUSTRIALS.
..).
Aetna Kxptoilvs
Amerlcan-Ilrlllih Mfit . .
Atl Oulf W I a 8...
da pref
American Marconi
AJjuUubbcr Inq vr I...
Canadian Car & Kdry .
do prf
ChevtoUt Motor Car ..
CorUss Aeroplane
Cuban Cane Hurar
nrtjSTS-Heuburjr
Kmervoa
)laiktll A Barker Car.
Jinnies JfenufacturlnK
nter ' Mrr Marine
.ao prer ...
111(1.
. 28 U
. t
3lW
:-S
38
. fi.i
. 411
. iiaH
.141-
. a
. 44
. 2R
. 1W
U5.
Kathodlon Uroiue pret 'I'iVi
Manhattan Tranalt ...u. 14
Xatlm Munition ". 7I
Mldrala HtMl
Otla KUvotor
Otto JUenlolir vr I .
eo pref
Tcerleaa Motor
Poole, Knt Mach . .
Ml Joaepn Jead
a A Kreuca w 1
Stand alotora .
Nut-marine lit r t c ctfa
Trlansle Film v t ctfa
71
K
34
00
MTH
..!
UnHe4 Profit Sharlns
u n
J.'.Jj
'ZU
..... nin
Ill
:::::
. . . . 4 'i
Liant Heat.
do prr ..,,,,..
JBTAHPARD OIL SUOSIOUR1B3.
6S
233
1H:
2.ii
Aaked.
?o!t
1)0
1114
iii) u
144
lit"
24 V,
l
H
Siw
Sll
Ml
2K
134
17 n
i.i
U'.i
I
White, Motors w I
voria iim
l'."-irf
Ja
allonal Tranalt . . .
Ohio fin ,:,,
H O of California .
fl O or Nw Jerecr .
a O at tiew York .
,25S
,820
213
(a
f e
. OTHEIl OIL STOCKS.
Harnett Oil
Coed(in OU
Cbalmera Oil ,
tiousion uu ....
Mldweat Keflnlna
bapulpi .,
MININO STOCKS,
Atlanta. ..,.,., ,
Cerro da Paaco ......,,.,
Unite. O S5 v t ctfa , ,.,,
Bulls A'.N T, ,.,..,..
jne9C7faiiouai copper ,,
iMitiifia aierser
fclB?JIlnlu ..
jyiuUr
rf3P-J
fKxtn
L.CODD
Uitey.DarraKti
: America .
3Ilne Co
JWut i 4. tCo rpe r
- qc America
1 1
1 1 1 t f t f
xmwtnx
ju.a uvjr . . . .
Ktmtic Zlpo
JlovtoV
t
ft
11K
"5
17
i
'I
8t
HII
17 W
h
M
13
B1U
2S
1H5
241
2.17
S2S
21S
12
22
20
ttK
14
1
as
lp Ji
13
!
83
BONDS.
:::::
lll-
n
mi YORK COFFEE 3IARKET'
IUKK. March 18 The conTee
twas less active this morning;. First
,wtre irregular, ranging from 1
MvjMica to 1 point decline, but the
i senay, rcuckiiuji mo aircnjf ia la
tne eniauer receipts, bales on
Vera 3800 bag.
fipenuur
----- -..
Teaterday'a
ctoae
8.1308.15
at08.21
!.? 8.2 O 6. 27
MBfg lil'fTlir 8.3008.40 8.3098.11
HjIlSIVTT 8.34. S.34S8.33
wBmm' 8!J,, 8.iaf8.io
Hill... , H.H.JO L4-ii8.44
I" New York Bond Sales
jonn A Iwfh Valley Is. . .
:wwi Alaska cjold rv 0s.
iiii(ii) ,io ret t iifd...?
7im Amr ABr .....
iliiuii Arsentlna n
ijmiiiii Anio vr .-.H ...;;.,
,1 4iMi Amer Tel tit In,
214000 Amer Tl cvt 4iH.,
7000 Amer Writ Pap ,-,.
22000 AlchlHon iten 4...
JtiMMI Atchison adj 4h
, i. , i .
117 S
131
HUM,
112
IIS S
72 h
lin
IISH
ll.-l t
107'.
lot
103
llt'4
77 W
1)3
lllch. Low.
UHil Dil i
10.-, lnl'.j
104 101
102J, 102J4
111 . Ill
114 U 114
112 !)1
10SU 11)7".
OS us
1)4 ',4 0 1 '-4
:iuim Atchii.nn .... , tt'..i',.. . n .?.'.
?" 1v,u,'.m,c9.J'ln" clt ' ""W 'IH
iioo unit & ohio 4 in', mi!:
4000 Halt Oh cv 4 Ha.! i)ii! ii'i!
r.000 Ilto ! l.miVVts 8SI In?
2SO00 nalt Ohio r,a.... lCl'i lut'S
20UO lleth Steel lt r iiji ":i!
13'K" tent leather lt silloM loiS
iwSo ceSMiTiNj3.::::iiV:
1.V)0 Chill Copper 7s". .iai4
20000 Chea Ohio cv 4 Via. "!
i;;iChr&ohio4HH... o3
1000 Chi Itwya 3s Hi
2000 Chi (It Vcat 4s.. 72&
iJ!l!!!! j:D! f. ?wn "" '"".i rr
H',u.'X 55 ! Q Jln' "'i
2000 Chi 11 & n Bcn 4.. 113'i
1H00O Chi M & St I'cvB I 7
I)(XI C M II Ht ! rv 4', lOlVi
.1000 Chinese rets .',s ... 77(4
3000 Cons foul Md lis.. 03
VSH. Pe Ilud ldio.imiu
1000 Del &. Hud fd 4l... 117
loon do 414a h3'4
l'"00 gU Secur Corp Us.! 72(
lnoo Krle gen 4a.. ' 754
ilium Krle conv 4s Her 11. 7nS
2000 Oen Klen 3 Ha..... 82 C
1000 Ilud & Man in r,s... 31)2
BOOO Ilud & Man rfd 8s. .. 73U
110(1(1 ID steel deb 4hs... 01 i
,vti. iiiuiuiia otrai .is,.
23000 III Cent rfd 4s. ..
Kol) Ina Con cv ria lulu iftn
40OO Interb It T ref Ss... o4
112000 Int Mer Mar ct 4Hn. 07'i
2000 Kan City Ter 1st 4s. 81)
5000 Lk K & w 1st oati
ISOIIllO Lacks Steel Ss 1U.0. 03
0000 Laclede (laa rfd .Is.lolTi
400(1 Lk Hh deb 4s 1U31.. 04
1000 l.orlllard ,1 101 T4
2O0O Iula H Nash 4s... I)4?
0000 Manhattun Sta 4a. . . 112 S
14000 Ma I't Co s Mr C ra-.llsS
4000 Mo lac fla ,10oS 1
A.u, II.... " .T '
U.J-.U iuiii llllTVr US .... Ill
120000 Nat Knam & Sip Csj 07S
4(881 Nat TuIm 3a ..7,. .lol
2000 N V A llrakn ct Us. 104
4000 N V C L S 3Wl.... 77ti
0000 N Y.C t It 3V4s. . . 82!
7000 do 4s ".... o a
3000 do 4 Ha 03
2000 N v City 4s lu.17.. I)!)V4
nooo do tla ..'.. !.. ina??
hfinO iln it', m 1,im tii.itT
10(8) do H'.4u 10(13
Soou N V Gas II a IM
OllA.1 K, ..... . a .
.....-, . ,,,. IIS... 114-4
1(8)0 N V Itwy ref 4s... 711
10000 do adJ Sa (11 '.i
00(H) N y Tel sen 4 Hi.. 00
nn,., .-.ur. it i ocn -is. uu'.i
Cloe.
1)11
10IH
101
losH
111
HI1.
01
1U7 S
IIS
OIH
87
101
8(1 4
0t
011
81
lolj,
103
os
101
00
117
131
hH
112
08
72 H
llll
08
03
107
101
103
111
.i.l
07
77
S3 1,
72
75
78
824
?s?
in:
103 103
uiu oil H
ion
(ID
07
80
00
01
101
04
101
01
jl)'i
OU'i
117
07 U
101
100 1011
07
78
8.1
72
73
82'
30 V
....102
....107
IW
104
77
82
US
03
00
102
102
107
87
114
711
1
00
.
A
73 f
011
103
00
llll
00
07
80
00
03
101
01
101
01
02
112?J
r.ii
100
07
117
101
lot
77
82
02
03
Hull
102
102
107
87
111
7(1
IH
vu
00
....i.i nur w l.vii trv ms.llli 1-OVi 1201
37000 Nor I'ae prior 4s.. 03 03 03
20.100 Nor I'ac gen 3s.. 11(1 03 MBti
BOOO Ore Short L ref 4s.. 03 03 93
1000 Ore Short L 1st Os. . 108 1081 lnH!
r
00
102
. HILT
400(1 I'aclHc Tel Bs 100 100
8000 Panna 4s 1048 on Q'i
KIOOO do gen ct 4a 10214 10-jU
.??? Kenna en 4Hs 108 103 los
nouou itaautnr sen 4a.... ua. mi all
1000 Hep lr t. S Sa 08 on 08
44
10!
2000 Kock Island rfd 4s.. 87 07
44
101
IV
5.8
nt
7000 Itock Island Ss 44
1UIH) H 1, I H HO OS.. 101
1001) Bt L I M 8 4s 10
1000 St Louis Swn 1st 4s, 78
3000 do en 4a (H
1000 Seaboard A Lull Sa H7
iiufju noutn lien oa
2000 South Pan cv 4a..
12000 do cv ret f d Sa
3000 South Pac rfd 4a. . . , 00
"""' WVIM t.Wf till IS.,, I
hum uu con us. ,,.,.,, iu;
oinnj imu io o.
1000 Third Ave ne
1000 Trt-Clty 6s... ...... 10(1 lou
2500 U H Oov aie...'. 1H?8 InS
560 U S Steel Ss a 1... .104 1()7
ITn an )' J l- L' ..
8
79
K8
OT
...100 100 100
... 88 88 88
Sa.104 104 101
. ., J04 00 B0
I. - - 7 7 ft
.,,.,...162 102 102
-....,,,10.11; iosU io.ig
w 4... 82., 82 . 82
7B00 Union Fac 1st 4s ;. 07
1030O do rfd 4s...,...:: 80S
10OO0 Un Hwys H F 4s... 44
1000 Va Itwya Ss.....,!. 3
2000 Wabash 1st Ss. ..". .11.4
22000 West Md 1st 4s...,. 72
rV"V -v.." ..". c:-w.a w ""il1
1000 Wheel ALB 4a (19
1000 Weacon Cent gen 4a. 87
104
HIM UIM
.85 4
72 72
140 IK
T 87
lard
Total sales. 13.725.000.
S3.O30.OOO lesterdayt thus far thl. ueek
lii.wiii tame penea usi ea
with
an
3.818.000.
Exchange on N. Yr at Premium
NEW YORK, March !. -New York
exchange) ai; Montreal ruled steady today
at a premium of Vt Pr cent The pecu
llarltlea ot tho Snanclal situation at
Montreal In connection with New York
have been repeatedly referred to. Leading
Canadian bankers have recently criticised
sharply the circulation, of reports In New
York of the probable. Importation 'here of
I20.SOO.490 to 135,000.000 from Canada.
f 76.uoo.uuij loan py American hanker
a. powiuisu of vasau. 8asiBtd tu-
Am Tel A CaMo nn't 07
Am Tol Alcl WH ly.l'i
Am Tobacco MS in"
Am Tob pf new lOfl'f 100' i
Am Woolen &U, .:iS
Am Woolen pf !W Wl'j
Am Wrlilnu I' pf II 12,'f
Am Zinc I, & Km R7Ji 01
Anaronda Cop AI 87J( SS'
A.isct llcallMllon WS fi'i
Ajsoclalnl Oil "()) 70' f
AlrhTop&H K m'( 101
Atrh Top & S l' pf...xm 101
All Coast Line
Itald Ico Wki
Halt A Ohio
Halt A Ohio pf
Ilatopllas Alining. ..
Helhlehem Steel....
Hothlohem Slrcl pf.
Iirooklyn nap Tr.
.11 IU Ml
,.111 ll.'l'f IIIs, lia't"
OS
lao't-
!!).
1(1(1' J
ftl't
!l!l
ll'l
HH
MS
10.114 llKIIS
lOOJf 100)1
111 111
07
I2!l'
iai
lOfi'4
(.'"
Vi
K!l'
8K
fill-
fill'i
Nli
fi!
llurns llro WIH
lliille A Superior.
Cal Petroleum
Cal rctrolcum pf
Canadian I'arlflc. ...
Central Leather
Cenlral leather pf . .
Chandler .Motor
CI111 A Ohio ,
Chile Copper
Chlno Copper
Chicago (It West pf .
Chi .Mil A St 1'
Chi A Nnrlhueslcrn.
Chi It I A I'ae
Cluelt I'ca A Co.. .
Col I'll"! A Iron
Col A Southern
Continental Can
Consolidated (las
Corn Products Itcf. .,
Corn 1'rnd lief pf . . . ,
Crucible Steel
Cruclblo Steel pf
Cuban-Am Sugar
Deere A Co pf
Detroit Kdlson
Detroit Unllcd Hys..
Diamond .Match
Distill Sec. Corpn
Dome .Mines
Krle
Krle 1st pf
Krle L'd pf
(!cn Chemical...
Ml
.. 70!$
. .fil7!i Mil
-.1.1.-1 UK
KVi H.1'1
II Hi
Witt
25i
KM
Ml
701,'
'J'i
rii'i
i:i.-
81
V.Vi
KM
70.' i
J'i
fi'.)
HI.-)
K.-'i
81
11.1'f
J Hi
mi
.10814 llSSlf 10.5U UWi
51M
.111
. I'.'li,'
. Oil'.'
. s:t
. ("i'4
. Hfitj
. Mir
.11!7
. 1SW
. 71
. Hi',
. 1!7'
. SI
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. L1i
. 1181 i
. W4
.118U
.225
. !).-)
. l.'U'i
. 87)4
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. 17
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inn
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(18! a
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110
ii.)
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lL'7',s
1714
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laws
ioii
08! j
(111
117ii
aim i'2S
til's Ol'li
l.TJU lll'.'H
my, wry.
. 37K
. fl!
. 10
.310
tien Chemical pf 110
103
18
23! j
ISSSf
6Il!i'
10
310
101
17
0!4
('enrral Klectrlc
(ieneral .Motors
General Alotors pf . . .
Goodrich Ii K
Goodrich H K pf....
Grcene-Cananca
Great Northern pf
G N cfs for ore prop,
Guggenheim Kipln. . ,
Illinois Cent
Int Agricultural l'JH
Int Agricultural pf. . . . GO
.1
1
UK!;
. 7fl!i
.110
. 30
.12214
. -lSJi
21
D.i;
1 10!
03
(UH
23
KM
37
03V
127.
17!4
73
18
27?.
S3 '4
130
MM
08!4
W,H
118!
223
OIH
132),'
8714
103
1714
23
37J4
3314
10
310
170
180
Int Harv N J
Int Con Cor v t c sh
Int Con Corp pf 7314
Int Paper HJi
37U
CUJi
10
113
1154 MflJi
170!4 103,'i
ISO 180
113'4 U3'4 1I3!4
77' i 73.' 4 "fili
11(1'; 11014 um
10.' -18 -18
122H 122!J 12214
17,' J51J 17
20J 2014 20!i
.103)1 10 III 10 IU 10 IH
:o ioj; lou
on; my
109! HOJs 110J4
1714 1714 17)1
7314
1111
4S11
1011
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1714
18
1814
184
1011
7011
73
73
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01
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71 11
375 J
83
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4S
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70)1
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00)4
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17H
73
11
4W1
4814
48
lO;.'
71
73
10011 100J1
Int Paper pf
Insp Con Cop
Int Nickel v t cfs....
Int At AI col dp
Int AI AI pf c of dp.
Jewel Tea Co Inc....
Jewel Tea Co Inc pf.,100
Kan City Southern.... 27
K C Kt S A AI pf.... 0214
Kayser J A Co 81)1
Kelly Sprlngfd Tire Co 74
Kennecolt Copper 30)1
Lack Steel Co 8014
Lee Itubber Tiro 3114
Lehigh Valley 70!1
Liggett A Alyers 255
I.oow;.WIes Ills 1st pf. 80
Lorlllard 1' Co 10S
Louis A Nash 125
Maxwell Alotors 021
Alar Alotors 1st pf.... 85
Alax Alotors 2d pf 40
Alcilcan Petroleum. .. .10014 11214 108H 108
Alex Petroleum pf 100 10111 10111 10111
20)1
01
81)1
71
CO'!
SOU
51)1
78W
IX, U 255!i
78 78
107 107
121)4 124)4 121i
OOM OIJi 05
SUM S3 8314
4014 4014 47M
7014
2551 1
7S
107
0)1
01
84,'i
74
57)4
82
5111
7814
37
1014
70
20!1
07?i
1514
14UJ1 152 140
10351 100f 10511
20 20 20
37
, 1114
70
27
0714
151i
3714
1014 .
7014
28
091 i
10
Allaml Copper.
Alo Kan A Tex pf. ..
Montana Power
Nat Knam A H Co. ..
Nat Lead Co
Nov Con Cop
New York Air Iirake
NVC41I It
N Y 0 A West
Norfolk A Western.. ..120!1 1215 j 120
Norfolk A West pf. ... S5!i 8014 SOU
jsortnern racltlc...
Ont Silrer Alln....
Pacific Mall
Pacific Tel A Tel.
Pennsylvania R It.
Peoples Gas Chi 104
Philadelphia Co 43
Pitts Coal Co N J.... 20
Pitts Coal Co N J pt..l04
P C O A St L pf 00
Pressed S Car Co 5711
Pressed car Co pi
Ity Steel SP Co.
37
1014
70
27
C81
153i
15014
10511
20
12011
80)4
11414 111)4 11411 11411
Oil Oil 0) 0)1
7 2811 27 27)1
30 30 30
58 575 i 574
104J! 1041! 104'i
4311 4211 4211
2011 2814 20
10-1)4 IOD4 101)4
30
57 J
00
57
.102)1 103
00
55)4
103
42J
24)1
87H
40)4
53i
M
Hi
30)1
37J4
5814
0811
188
113
00)1
21)4
00
4211 43
. 2111 2411
. 88 80
. 4014 40)4
. 5314 54)1
. 14 )4
. 4)1 4U
. 37 3Gf
. 37JJ as
58H 04
. 08)4 OSU
183 188
113
00) i O0!(
. 21H 2IJ4
. 59!4 01
.1404 151M 147
. 57J1 50)4 5714
.201 203)4 100)4 100)4
8 714 7H 7.'i
.108 100 10814 100
.8 SJ1 8 U
. 32 32)4 32 32
. Olj OK 01 i 014
. 12 UH 1114 1114
.134)4 135 133)1 131
. 83 83 8214 82)4
.15511 157J1 154)4 155H
. 24)1 25)4 24 25H
. 6211 6314 S3 63)4
, 48 48)1 47H 48JJ
. 15H 17 1514 1514
3114 32 3014 301C
,,,...146 14814 147 14714
6314 6411 63)1 63)1
00
50
103
43
21;
88
4014
54
H
4)1
3011
3814
50)4
OSU
188
113
0054
21)4
00
148i
58
Hay Con Copper....
Heading
Heading 2d pf
Hepubllc Iron A 8. ,
Hock Island
St L ASF 2d pf..,
Seaboard A Line pf
Sbat Ariz Cop
Sloss-Shef S A I....
Sloss-Sheff 8 A I pf
South Porto It Hug.
South Porto It Sug pf.113
Southern Pacific
Southern Ky
Southern Hy pf
Studebaker Co ,.
Tenn Copper
Texas Co
Texas Pacific
Tobacco Prod pf
Union Hag A Paper..
Union Dag A I' it...
United Cigar Stores. .
United ClgarS pf....
Union Pacific,
Union Pacific pf. .....
US Ind Alcohol..,..
US 01 P A F
U B C I P A F pf.
U H Kealty & Imp.
United itrs Inr Co.
Un Hrs Inr Co pf.
United fruit.,
US Itubber.. ,
US Rubber 1st pf... .10814 10811 10S1 lfwii"
US Steel Corpn 8611 8714 SG( SOW
U S Steel Corpo pf.. ,,117)4 117)4 117)4 117)1
Utah Copper 83 83)4 83)1 8311
rs-tira vnem.,.,.,,, 4Jt ui
WUsn..... 1414 1414
WabasapfA 431, 44
Wabash pf B 27). 27)f
Wells Fargo Exp. , . . , . 124J1 125
WestK A M ,, 7011 71)4
West K AM 1st pf... 70 78J1
Western Maryland..., 50)4 31)1
West Maryland pi.
West Union Tel...
Willys OrtrUnd. ..
WUlys 0 pf r f P
4711 47)1
1414 14H
434 41
27)1 27J,
121)1 125
09)1 69)1
7814 7814
3011 3091
45 45H 45M 45M
, OOJi 01 0J14 01
.235 240 236 238
105Jf 105M 10514 1D.1U
Woola-ortaFW ..122)1, 122), 122H 122H
Total sale. 837,700 shares, compared with
623,700 shares leattKfari thus far this week.
SJMS,000 sbarest same period
1, X.90U snares.
last k.
RATES FOR MONEY
Call
::.m
......, 3W04 4.
iff?' lfr r Ji &&&,
Tfe".;
!Hu
liaf
CIIIOAOO, Alnrch 16. Hulllsh sentl.
mcqt nredoiiilnnted In wheat today nnd
tho market again cliowed strength after
early weakness, which was duo to dlsap
pointing cabled, continued liberal receipts
and talk of a prospective fieparato peace
with Turkey. All warmed-over news Items
from nbronrt, however, had been dis
counted, and preference wan given to un
favorable crop news from tho winter
wheat belt. This continued to como from
all parts of the belt.
The buying was or a good character,
and commission houses ttenorally spoko
In favor of higher prices after the recent
lone; decline. First prices, $ 1.09 V., for
Atay. $1.074 for July and $1.0S',4 for
September, wero tho lowest. May finished
at $1.11, after touching $1.12, ngalnst
$1.10i,i nt the end yesterday; July ended
nt $1.09, after reacnlns $1.10, against
$1.0814 at tho close yesterday, and Sep
tember closed at $1.08, after reaching
$1.08, ngalnst $1.07?', nt tho close yesterday.
Tho market 11 1 Liverpool, after display
ing steadiness at tho outset, turned weak,
with demand smnll.
A lending romir.lsslon house 'received
reports from Ohio, tndlnna and Illinois,
showing that ther'1 had been nn nverago
of 2.1 per cent, of winter killing. Other
ndvlces wero received reporting bad con
ditions, but not estimating tho extent of
the damage
I.enrllnir futures mncett nn follows:
Vcsl'd's
wheal Op IK nlKn. Iiw, Clrs elne".
May I.ii'ij, I. fa l.lioU'l.iil 1.111'.
July I u'lN l.lii 1.H7J, 1.niisl.uii
Sept I. nil's 1.I(H4 1.1111 1.08 1.07i
1 nrn uirw iKiivrry;-
.May "iiJh 77;
Sales in Philadelphia
S.I U S3
ISO., i-jv
m in
10!) lllll
7 I
.IlllV
Kept. . . .
Oats
Mny . . ,
July ...
I.nr.l
Mny . . .
July..
HIPS
May 12 in
July .. . .is.st
Mey S2.S2
July ... 22 "11
Illd. tAakxil.
!V!5
7N'
1.1 .'i
I I '4
"!4 I70J4 ,77
77 77 j '77;
77'i 77'i IT'-;
I.
la'
in.ti7
II 211
ll.nr,
11. .12
I2.ir.
12 .17
2.t. nn
2.1.02
tr,' i.-i'i
il'.; tn'.
111.112 til. OS til. U7
11.211 Ml. .Ill '11.22
11.112
u.ir,
,,n bo
22:70
11.07 MS.!!)
12.20 I2..1U
2.1)2
2.HU
22.U7
23.7.1
PHILADELPHIA
MARKETS
GRAIN AND FLOUR
WIII1AT IteiPlpta OS, as,", bushels. Tho
markft wiis firm imil lr. hlnhcr with n fiilr
export ilpmiilul. Quntntlnrm: Cur lots. In et
jinrt lnlnr ,io. 2 rnd. spot unit Mtireh,
II 17l 211, No. 2 Kniithern red, si.13ii.ih;
eloiiimr No. 2 red. 1.1lt.1(l; Nn. .1 red.
f 1 . 1 1 r 1 . 1 11 : r-Jeiterl A. ll.HUQI.llUi re
Jertr.l II, SI KIWI. 1.1.
Colt.W Itrrpipis. (1C02 bushels, nrfi-rlncs
wero llBht and the murki't was 11 ehnd" llrni'-r
under 11 fair dumnnd. Quotations: Car lots
for local trade, iih to location No. 2 yellow.
M'4K2c. : steamor yellnw, 7,4irH014e. : Nn.
.1 yellow. Ttlla faT7.c: No. I yellow, 71,,4i
7.1'tic ; cnl, wr 70 His.. 7I)WS0e.
OATS. Itccnlpts, 11.022 liushots. Tim mar
ket ailvanrpi! i,4e. uiwlor llisht ofTerliiKs and a
fair ilMiiaml. (junlntlnne: No. 2 white, ,VJ
na'ie. . stamlaril white, .Mili ,"lc. : Nn. a while.
Ilii.-,0c ; Nn, I white, l7WNe. : sample oats,
4 1 ffl l.-ic. ; purified nam, Kraileil, IHH J.'lc.
l'l.Dl'll. IteeelptH. 7.-II hills, and 111(1,081)
IIik. In sacks. The niarket was dull unit un
rhnimcil. (Juntallons per 10(1 Ihs. In wooii
Winter clear. .-,W.-i.2.-; do., stralBllt. .V2.-fft
r,.r,D; ,lo.. patents, S."i.iy)1(-.N.-,: Kantm. clear,
cotton sacks. tt.MMr.Vl.'i: do., slralBht, cot
Inn sacks. .- 2IHf r,.r,ll: do., patent, cotton
sucks. .-,.r,nH(r,.70i sprlnc. first clear, S.VJ.'iifO
.l.r.o: do., stralBht. sn.Boe,,,","; do., patent.
J... ,.-,iil; iin., favorite brands. !il.:!5tfil.7,'i:
city mills, choice and fancy patent. SU.2.",iiC
11.7. i: city mills, recular crades Winter, clear,
J.",i.i.2.-i: do.. stralBht, J3.2S8S..10; do., pat
ent. .-,.ili)r,.S.-,.
HVK I'LlllTIt was nulet hut steady under
llsht offerlnBH. Wo quote at Vilio.M per bid.,
as to ituallty.
PROVISIONS
The. market ruled llrm with n fair Jnb
blnc ilemiiml nml somo kinds were hlshcr. Quo
tations: ('Ity beef. In sets, smoked nnd nlr
drled. 2l02.-,c. j Western beef, In sets, smoked.
JltfJ.ie. ; city beef, knuckles nnd tenders,
smoked iind nlr-ilrleil. 2ilW27e. ; Western beer,
knuckles and tenders, smoked, 2ilW27e. : beef
hams. t2S3i)c. ; pork, family, 123.Mlfu2l;
hams, H. 1". cured, loose. 1(1 017c.; do.,
skinned, loose. liltiRlTc: do., do., smoked.
IHGrlHr.; other hams, smoked, city cured,
ns to brand ami aveniKo, 1714'iil18e.; hams,
smoked, Western cured. 17'4 (TO IHc. : do.
bolleil. boneless, ,111c. : picnic shoulders, S. 1.
cured, loose. 12'ac.i do.I smoked. ISIPltl'.ir.;
bellies In pickle iii'cordlnc to averuBe, loose.
1 1 (s V 1 e. : breakfast bacon, as to brand and
uver.iKe. ilty cured, 17MKc.; do., Western
cured, 17flSe. : lard. Western, rellncd. tierces.
12V4C.; do., do., tubs. lJHc.; iio.. puro city.
Kt-iui, renuercu, in tierces,
do., lit tubs, r.".4c.
lHe. ; do., do..
REFINED SUGARS
The market ruled very firm and tho Pennsyl
vania Sugar Company advanced list prices fi
points. Wo quote: Kxtra lino Branulated.
U.7SAfl.Mc. : powdered, il.s.tff (l.lKlc. : confec
tioners' A. a.OSbd.TOc: soft erudca, (180.03c.
DAIRY PRODUCTS
, CIIKKSK. Demand was fair nnd the mar
ket ruled tlrm under llBht otferlnBH. Quota
tions: New Vork. full cream, fancy, 1KHU
1H.c. j do., do., fair to Bood. held, 17?itC
lHMc: do., part, skims, HWlilc.
HUTTKIl. OfterlnKS were llnht nnd tho
market ruled llrm under a. fair demand. Quota
tions: Western, fresh, solld.parked creamery,
fancy specials, Ific.i extra, 3Hc. : estni firsts.
17c.: firsts, :i."iff .Tijc. : seconds. 33(i:ilc. ; near
by prints, fancy. 41c.: uveniKe extra. 3!)p
4()e. : llrsts. asiilaTe.: seconds, 3.13le. ; special
fanry brands of prints Jobblnir nt 44 47c.
I.CIQH. Demand was fulrly netlvo and tho
market further advanced inc. per rase, with
supplies closely sold up. Quotations: In free
cases, nearby extra, 2(lc. per dozen; nearby
llrsts, io.iio per standard ease; nearby current
receipts. 1U.43 per case: Western extra llrsts,
SU.bO per case; do., firsts. 1(1.43 per rase:
houthern. per case, Jilil.4S, us to quality
fancy selected cess wero Jobbing at 27W2l)c.
per dozen.
POULTRY
I.IVC. The market ruled llrm
ofTerlnHa and u cood demand. Quotations:
.-.,, tiiuict,, 1 1 n nc in c.
under llsht
ions:
124e
13c.; sprlnB chickens, soft-meated. luftni)c
HiML'uy. nrvi3r.: iiiruevH
iiiieks. as to slzn and quality, 18W2(ie.
do..
, turke;
IV. i
l)c. ; plKeons, old. per pair. 28 W 30c. ; do.
r. per pair. 20SV22C.
KHSIJD. Tho market ruled llrm unde
20 is:
Keese,
17bll)c;
youn?.
'tBlBKI- The market ruled llrm under
llsht ofTi-rlniia and a fair demand. Quotations:
resh-kllled. dry-pueked Kowls, 12 to box,
a.r,y'P,V:'f.'''i- fancy, selected. 20!4c: welehlnir
4'si)0 lbs. apiece. 20c.; welehlne 4 lbs. apiece.
JOc. ; welBhlns 3(4 lbs. apiece, 10c; welsh
Intt 3 lbs. apiece. 17 18c: fowls. In bbls .
Irv-plcked. fancy, weleldne 4!i))!i lbs. apiece,
1 JJ H o. ; we I it h t njr -j lbs. apiece, lu4e. : smaller
sixes, lll&iuc. : old roosters, dry-picked. Inc.;
chickens Jersey, fancy broilers, 24 0211c:
other nearby funcy broilers. 22i()2tc. ; West
ern broilers, wetohlnz ,1M Jf2 lbs. upfece, 22
Oslo.; Northern Illinois chickens, fancy yel
L'iVf'. welBhlns 4 lbs. and over. In boxes. 21
J022c: exceptional lots hlaber; Northern
Illinois, fancy, welahlnir 23M lb", S
Lol!et-, 1H.V,V.. Northern Illinois, fancy,
welshlnie 2W03H lbs.. In bbls., 17&18c ;
other Vestern . welshliur 4 lbs. and over,
.'." f."'..,8lDc-i 'h"" Western, welxhlns
2H&3H Iks., In boxes. 1017c.; other Wfit.
ern. welshlns SI4fMH lbs.. In bbls., ISOlile.;
Inferior. 14c.; Cajwns. per lb Welahlna 84D10
lbs. apiece. 27028c; smaller alzes, 232c.;
turkeys, fancy young hens and toms. 31c. ;
do., fair tn choice 25030c., old toms 23e :
spring dueks. nearby, 1820c.; do.. Western
fancy. 17918c; do., do., fair to eood. 1201Bc ;
Keese, 18020c.; squabs, per Jozen Whits.
weUhlng 11012 lbs. per dozen' J5.8JW;
a5st.e'JX?.1!hlH..?AI' lu.v..r dozen. H.-Ad
aK: "v,.V.'""."''L'"'-'..'u'l r uozen. 14
-....., niiiio, nriHiiina i His. per uozen.
?(?! wnite, welshing Hl lbs. r ,ii;
s.7s3: rijru rmfftn. B.Ai, .. Tr::
2,
13.23
TSfta:
iiiri.DU.
FRESH FRUITS
Wintry weather conditions Interfered with
trade to soma extent and the market showed
.little change. Quotations! Applet, Jlrbb"
Ii! nil An wrnVHn ';! xY'WJ M.S2W-.
i-o.-.T. oatirAi t.V.ws17J,".,u1'''
J VVI'lllIti
iia
&
rwts liui iiiss n. tSAt Ki. . ',..' .-' '
U.iafys.ZO. Tangerines. Klorlda! per at no
Sj'.OOl. Orapefrult. Florida. UrcSfe.lf!?6
03. Lemons, per box, 1304. I'lneaDoles
per crate Porto It co. 'l2.SO03.3O: Florida'
ii,S'3-50- Cranberrle..' Cap? Cod.' m, bbS;
810; do., Capa Cod. per crate, 12.5003:
uu., jcrwy. (wr iiui.. emia; ao,, Jeraey
w...v. ;.vr.wv. Hnu.,iKI, xiorioa.
2.803; Wlnesap $804. Baldwin. 12.BO03;
Ireenlng. $2.2507B; York Imperial $"8s
ln Davis" $1,7302.80; other varieties 'il bo
per
-per
tXlilTl1"'""'110"- -aM.j open crates,
VEGETABLES
generally firm,
wuoiationj;
but thr
Whltfl Mln.
$1.2001.23:
$1.1801. 20;
Choice stock was
waa Hula tradlna-.
toes, pr bush. Pennsylvania.
New fork. $1.1001.18; Maue.
weiierii. ll.iuui.io. vvmte poutoes. j,r.
aey. per basket No. 1 Hose. 60070c. : No 1
other varieties, 60070c; No. 3. 30040c
Bweet potato. Jeraey, per baskstNoT 1 45
0Oc.;No. 2.2803Oc. Hlweet wtatMS.'jer
aey, Delaware and Maryland, per hamper
No. X. 76c.$l: No. 3. 80&60O. )Jwt
potatoes. Virginia, per bbl., tl.SO01.TB;
Onions, per 100-lb. bag-J-No. 1. $22.33; No
3, 78c. 0$I.2S. Colorado, fancy. $2.7603
Cabbage, Danish, per ton, $13020; do.!
Florida, per hamper, 750.011; do.. Soutn
Carolina, per erats. $1.2301 50. Celiry.
Florida, per crate, U.70U2.25. apinach. Nor
folk, per bbl.. $102.50. do.. Texas, per
hamper, $101.33. Kals. Norfolk: pi? bT
DJQDOc. Lettuce, Florida, per basket: T5ca
$2. do.. Uoutb Carolina, per basket. $102
do... North Carolina, per basket. 1101 bo.
IisaiU. Florida. Per. Sslwt. riQS. Fti,
Florida., per basket, ls, Pepuers. Flortdi
per rrlar. l.9uaji'.BU. Eggplant, Florid.
p M, iitiiw. -PTOiiwi, riorMa. p(
KM&?.??rKf,A'iLl:i!JW.1ll
i.jf -r iwvijft
iSS
,B0 Allls Chalm.
loo Am lxco . ..
20 Am (las . ...
5 Am Hwys . .
20 llnld loco . .
8 do pref . . .
1.1.-1 IlufT ft H t e
71 do pref . .
120 Prill J (I ..
' '.'.l r-hes A Ohio.
I BO Cnmlirln Hteel HI
110 Crucible Steel 1)7
ino Chl It I A P. 18.,
020 Kb") Htorase. niTi
3 Kast Penna. . 06.,
353 (len Asphalt.. 37J4
in tn Co Kr Am. 281
ino Keystone T (J,
7R0 Kenn Con
IPO l,nke Sun Corp lota
iia 1-hie.n nsv . . in
77 I-ehlgh ,Val . . 70K
2.1 l,h Val Tr. . . 2J14
1113 do pref 14
20 I.lt liros II),
1110 Miami Cop . . .17 U
"rt7 Pennn lift. ... T.R
100 Va. Salt. MfK.lOHt
187 1'n Steel pref 08 U
.1(10 Phil Co c pf. 44
3411 I'hlla ISlec .. 27
10 P It T t c .. 10
2(10 Itep I A B .. 84 U
Hlh, Iw.
3311 3.1 U
.!
r.iiH
43 M
(13
28 S
07
lot
4:
43K
113
Ml
tiOH
lite
.1(1 i
23 H
14i
r,7ji
10H
73
Net
h
Close.
33'i
83(4
120.,
1114
Km
fiii
4.1S
ii.i
SnH lit
19
04
87 H i
mu
MS
?
'I
it,
8
44
37Vii
'4
111'
27-4
111
ni
1)7H Heading 88 R7i 87 J4
.140 Ton Ilelmont. 4'S 4 .I-IO 4 a-lrt 1-1"
r,7
llll'
IIN'.i
.
27 M
Id
r..i4
4nli
22
4
111
37'i -f
87 J
101 H
Id Ton Mining. .. flft
n.i union irsc. . . 4;
177 II (las Imp.., 8!i
,1323 II fl Hteel...' M7U
II Westm Coal.. H8
SO Cramp A Sons 77
duo York Itwy,. . . II
BOO W N V A ba.. KlU
43 J
8HS
43
HIl'
(1(1
n;
4aS t
f? 14
Ml
811
111
II
lll'l
T-'i ".iiles, 10.0.11 slmrei. rnmiured wllli
I0.fl.1J 'luires Jeterila.vt Huh far Ihlt vrrk,
liiintlt oiiaresl same period lii't eek, 23,0ln
share.
IOXIK.
, Illsh.
inooo 'Am n A IS Bs Iia J4
I'.nno Hal I, 1st ris.1H34
anno lt 111 tins Bs.to.-.'s
"lino Int Itwys 4s. 87 ?
aonii I.k Hup Inc 4s .1.1
t oooil l.cli V grn Is na'4
1301)11 I, V Cnnl f,s. 10.11
2niio I'll Co Cons Bs Il.Tj
llll () l'hllll i:iec 4s. Ml
12110 dn is lot
till") Itendir Ren Is. Ill's
70110 Itilg-.Ier I't Is. ml
lnoo Hlnnd (las its. nil
niioii Pn Ity Inv Bs. 72H
100 Welsliiirli C 3s 00
I Increase. Decrease.
Total sales, R8(l,300, compared with KIO.MO
elenl,i.vi thus fur thl week, Sild.nooi winie
period lust week, S327.Sno.
Net
Low. Close, dure.
nai4 iia! '.
in.-, ni.-,;4 ...,,.
10.14, 11134 '
87 -B?' S
.1.1. 33,,
II.T4 H3'4
1II.1J, 1034 .....
IiaH n.Hi '4
N.I 81
llll llll.
Il I Tfc II I ' .....
IH! llll "s
Mlji ll!l"i .....
72'k 72'i 41
llll llll 4 1
Local Bid and Asked
llaldwln
Ilutr A Hus t c
do pref
Drill J ()
Cam Hteel
nice Htorage
tlrneml Anphult
do pref
Keystone Tel
do tr clfs
do pref
Lake Hun Corp , . . .
I'hlvh Xav
LehlKh Vol
Lehigh 'al Trnn. . . .
do pref
Pennsylvania
Phlla Illectrlc
I'hlla Co
do 8 per cent. pref.
do 0 per cent. pref.
Phlla Ilnpld Trail t r
Heading
Tonopnh luimnnt ...
Tonopnh Mining
Union Traction
II (Iiir Imp
II H Hteel
York Itwys
do pref
Wm Cramp t c
K dividend.
Tndav's Yesterday's
Did. Asked. Illd. Asked.
II ',i
Oil
II
81 U
(II
.17U
7.1
13
18
OOVi
111
711
70 H
231.
2, fi
4.1 V4
41
I44
II1J4
5
811
8I1U
11
37
hi)
112. 112'i 111,
II 14 42 104
BSlj ' .-ill .111
4.1 4 1 1.1
8lli HI HI
lia-'i II I '4 inn
3ll 37 i .KS'4
72t 73 72 4
ll IIS 14i
lit. IIs. Ilji
l',!l 711 118 ',
111 HlH 10t4
73 711 73
78 1, 70 711
22. 23 2.1
II I IH 41
87 H 87 Js 8711
2714 27 . 27 J4
12 i 431k 42.
311 II 311
II II1) II
111'', 1tl'5 in
87 81 88 '4
11 -s 1114 nu
":1t7 4'.. 'K.
811 '4 811 K 811 14
811 8I1J4 8lljf
11 11 H 1i
aii'4 37. aiiW
711 'a 77'4 7.1
Financial Briefs
Not cnrnlnBs for Kclirunry of tho Tono
pah Ilelmont DcvcloiHncnt Company wero
$108,221 uml tlioxo of Jim Uutlcr Mlnlntr
Company wero $25,512.
TI10 Southern Itallway IiaH sold to J. P.
Morgan & Co. nnd Ilrnwn Iirotherx & Co.,
$7,000,000 Atlanta and Charlotte Air Une
first mortBago 5 per cent. hondH.
Application lian hcen mado to tho New
York Stock Kxchanse to list tho following
securities: Minneapolis nnd Ht. Louis
Itallroail Company. Guaranty Trust Com
pany, of Now York, and Merchants' Na
tional Hank, of Iioston, certificates of de
posit for $0,105,000 preferred stock for nnd
$15,344,000 common stock, and Virginia
Hallway Company $2,500,000 additional
first mortgago 60-year G per cent, honds,
series "B," due 1062.
The Indiana Ileflnlng Company reports
for year ended December 31 net earnings
of $700,703 and a deficit of $53,725. The
halanco sheet as of December 31 shows
cash $360,340, deficit of $928,073.
Tho New York Subtreasury gained
$102,000 from banks yesterday, making
tho cash net gain slnco Friday $7,038,000.
Tho Southern Itallwny ha3 ordered
1600 gondola cars, 500 from the Mt. Ver
non Car Company nnd 1000 from tha
Pressed Steel Cnr Company.
FOREIGN EXCHANGE
NEW YOHK, March 16. Tho market
for foreign exchango failed to show any
Increased volume of business In the first
hour, but rates moved Irregularly. Krenci
exchange was heavy, though no quotablp
changes from yesterday's final low fig
ures, G.93H for cables and 6.95 Vj for
checks. This morning there were somo
unconfirmed reports, possibly for political
effect, that French checks had sold at $6.
On the other hand, sterling was firmer,
with cables back to 4.77. Demand was
quoted at tho recent high, 4.76 5.10.
Itelchsmarks wero rather heavy at 72', 4
and 72 3-16.
Continued strength without business
was again noted In Stockholm ex
chango at 28.70 and 28.80. Vienna was
a shuds lower at 12.50 and 12.53. Tho
extreme low for this class of exchange
was quoted In January, 12.0C. Other
quotations were: I.Ira cables, 6.69;
checks, 6.70; Swiss cables, 6.224; checks,
G.23i; pesetas, 19.12 and 19.75. This
Is a little better than of late for this ex
change. Itubles we. 1 quoted firm at 31
and 31, Oullders wero unchanged at
42 ii and 12 6-16.
Tho market left off quiet without spe
cial change from the earlier figures, with
the exception of a firmer tone In sterling
cables, which ended ht the best of the day,
4,77- Demand finished at 4.78,. Other
quotations were: HelchsmarkB, 72 1-19;
franc cables, 5.95 !J ; checks, 5.96U-
Guaranteed Income Bond
$500.00 a Year for 20 Yean
To any named Beneficiary,
GUARANTEES $10,000 total pay.
ment regardless of length of time the
beneficiary lives after your death.
At Age of 30 Cost $86.92 a Year
(tiroes Annual Cost).
Kates at other aces upon application.
Address
Illinois Life Insurance Company
MARK B. LOCKYER, Manager
Block Excbance Ilulldlnr.
A SHORT TIME BOND
Two and'oue-half year to run.
Mortiase on valuable property.
Earning twice charge.
PRICE TO YIELD 6J4
Circular furnfahed upon requeat.
MELLOH & PETRY
Member N. Y, t I'blU. Stock Exchauie
336 COJ1MKUCIAL TUl'ST UUir.DI.NQ
lllUECTOHY Of ACCOUNTANTS
Ceitltlad PubllA A,..,R,nt.
' WKEKC M. IlHrtWM AiVk"
M JBsa. sstatb tavan buiuw
WBLSBAOH CO. HAD GOOD YEAR;
MIDVALE STEEL BONDS ALL SOLD
With New Securities Out of Way, Action Expected to ;
ije TaKen ooon lowaru listing stock
on Local Exchange
Tho annual report of tlje Wolshach Com
pany for tho year ending December 31,
1915. which was Issued today, showed
cross nroflts of $779,370. nil Increase of
$31,656. nn compared with tho previous"!
year. Tho balance, after deproelntlon,
bond Interest nnd sinking fund require
ments, was $272,327. Increnso $21,231. The
surplus for the year lotnled $1IG.I7",
ngalnst $95,348 III 1914, nn Increase of
21, Ml.
Trustees under the mortgage, says Sid
ney Mason, In Ids remarks, have pur
chased slnco the last report for account
of the sinking fund, Including March 1,
191B, $284,900 of the company's collateral
trust 5 per cent bonds. This makes the
total purchase of theso bonds by the trus
tecs to dato $3,B7I!,000. Tho board of di
rectors was re-elected nt the annual meet
ing, which was held In Gloucester.
Announcement v.nn made today of tha
closing of the Mldvnlo Hteel nnd Ordniinco
Company syndicate for tho new R per cent,
bonds. Tho bonds token, nccordlng I"
letters sent nut, amounting to $21,730,000,
have nil been sold. Now that the new Is
sue nf bonds nnd tho $25,000,000 Issue of
new stork nrc out of the company tho
financial district expects that something
will soon bo ilono townrd listing tho stock
nf the Mldvnlo Steel nnd Ordnnnco Com
pany on tho Philadelphia Stock Exchange.
Things will probably bo In shape for such
action nlniig tho latter part (if this month
or tho first part of next, ns previously
staled In this column.
Trading on tho 1'hllnilclphln Slock Ex
chango was on n very small scale today,
tho activity which was thown In the
market yesterday net being carried .
night. Traders in this city ,!?Voea ,TJ
of their time to watching Wan 5S?
where trading was on tl largo scale m.1,
business In tho first hour being on S.
scale of more than n million and a ,,',
for tlio full session. ",''
Price movements wero Irregulne t,.j
The strongest of the distinctly local !..-
was lluffnlo nnd Susquehanna tn , t cer
tlllcates, which advanced IH polnl.T'
fore noon. The preferred did not ..n
during tho morning. N'clthcr (), ,?
assented stock or the trust certified
of tho Philadelphia tlnpld Transit Cor?
pany sold during tho morning Z
Tho preferred shares of tho lhlghv.1
ley TratiRlt Company dropped U and ii,.
common U. '"
common '.t.
A block ,of 500 shares of Western New
Wk and Pennsylvania changed han'S
nt 10U. a gain of U. Lehigh Navigation
wnn unchanged nt 70. Cambria si.i
Rnld nt III ,l. .. l.-ie ". . . H,el
i,i., ii,iii. nun inc prea
which tho company wns taken) over by
mu .uiiiiic mcci nnu urdnniico Com.
pany.
iiiu- (iivorniiic annual reimrt nf Pi..
(rln (.'Inrtti,., tlnll.. i-,.,. .cc-.
..... ...... ..,.nt:ijr, which came
yesterday, showing more tlmn ?u
cent, earned on tho stock during the 1
fiscal year, had no effect on that enm.vi
which wns boosted on many rumors yes!
tcrilny, which were set forth in this column. '
was not in ns great deinntid ntwl ,,., i.5
litiiig around the closing price of lam nhjM -H
On a five-share lot Cramp trust certlfl. a
caies ten t .5 points. I.chlgh Valley de. 3
ClltlPlI n fllll linlllt. Tim ttlnun I... '..,. US
- " .,o ,)uici.
I
COTTON MARKBT SMALL;
S03IK WALL STREET UUYIX(i
Dcmnnd Supplied Krom
Sources
Scattered
Sinv YOniC, March 1G. The cotton
market this morning was a small affair.
Traders nppenred cautious and what
transactions wero made Involved only lim
ited amounts. Thnro was somo buying
by Wall street houses nml spot Interests,
with tho demand being supplied from scat
tered sources. The early tone wiih steady,
prices being 1 to 4 points higher.
After the stnrt Liverpool, which had
reported declines of 1 ',4 to 3 points, ns
compared with losses of 314 to 5 points
looked for, sent In quotations showing nrt-vir-os
of 2 to 2 ',4 points, nnd tills brought
In nn Increased demand, with tho result
tot prices hero advanced 2 to 3 points
further before tho end of tho first 10
rrlnutcs.
flio first reports reaching the ring with
referenco to tho sinking of a Dutch pas
senger steamship wero followed by a
llttlo flurry of selling, but tho offerings
wero absorbed by trado buying of old
crop months and tho tono of tho niarket
was steady. Thcro was somo further
Wall street buying In evidence, but tho
demand was much less active than It had
been yesterday morning and general busi
ness wn.i quiet with fluctuations some
what Irregular after tho early advance of
5 or 0 points from last night's closing
figures. Tho trado buying of old crop
months wns Mipposed tn be partly for tha
purposo bf undoing hedges ngalnst sales
ui n,UL uuiw: III llie OOUtll.
Mnrch
Mny
July ....
Oclnlmr .
Iietcmbor
January
Hpcjt ....
ctoee. Open.
II. hi
Yea
... .11. Ml
....11.11(1
. ...ia.10
....1L'.2II
. .ls.an
. .12.41
. .11.11.-1
1 1 .11.-1
12.1:1
la.i'.'i
is. ai
l'J.4.1
itmii.
11 Ml
l'J.OI
IL- 111
la n.-,
is r,n
12 3
I.OW. ClOH,
!J si 11. ui
12.(10 fijjg.
I5...
e CO
PUBLIC SERVICE
SECURITIES
Public Service Securities
arc a lien on the success of
communities.
C First mtrje. 5? Gold Bond.
I, Ncttinrj over 5.602.
G. Company is owned and operated
ty one of the largest public utility
companies in the country and serves a
population of over 340,000.
O, Earnings show a steady and satis
factory increase in 1915 were 2Vz
times amount required for all hond in
terests. G, Tax Refund in Pennsylvania.
C, Free Normal Federal Income Tax.
C Full particulars personally or ty
mail.
Bkei? Aylirvg . Co.
Land Title Dldg. Philadelphia.
ELKINS,
MORRIS
BANKERS
& CO.
Land Title Building
Philadelphia
Scrariton Electric Co.
1st Ref. 5s, 1937
Nashville Gas 8c Heating Co.
1st 5s, 1937
Union Utilities Co.
1st 5s, 1944
Metropolitan Electric Co. of
Reading
1st 5s, 1939
Prices On Application
HOME STATE
INVESTMENTS.
No. 5
Wo Offer and Recommend for
Safe Investment First Mortgago
Bonds of a Pennsylvania Indus
trial Corporation. The Bonds
wero issued less than five years
ajo, yet more than one-fifth of
tho issuo has been retired by
the Sinking Fund. Callable at
105 and interest. This invest
ment will yield about
5
Tax Free in Pennsylvania
Details on application
BANKERS
EsTiBUsnrD 1802
Jfemeirs Ntw York and Philadelphia
Slock tSxchanoca '
HI04D AND ClICKTNUT BlS., IUIL10t.
30 1'INB STUKET NW YOSK
Tl 0
REDUCE YOUR COST
OF GASOLINE
The tirico of cusollnu 1h uolns up.
IVnitflylvimlii crude alt tins advanced tl
J'J.r.o a liarrul.
I2vory uar f oil nnil can should lwh
oil nnd Ban tttock. Thus hla own con
lumrtlon prnduceH dividends for him,
BARNETT OIL & GAS CO.
l'lfHWlt IHU S1.0IMMI00.
Cat I till S.SUO.OUll. l'nr Vulue 81.00.
No Itonds.
Nu Outs! undine Imlrlitrdnetit.
OfTera 'ununual opportunities on ac
count of present cnrnln.
Truded In on New York Curb.
Write for Special Circular A'o. .
E. H. CLARKE
liiWfctmfiit Sernrltlrn,
7 Wllllum St.. New Vork Cllr.
Ilooklet. "l'aat. TreBent anil 1'utura ot
Iiiiletviident l)ll." on request
if
ARCHITECTS
SulNfiicllan to Arrliltrrt. Otrnfr and
lliilldcr 1 iihMirril ilifn
i'linitiirilfiii
JokrrH. I
riiiiiiuinlPH.
trniiM.
nrranxe
IioiiiN. Nu frill. , or
renrri-fnt nnlr Bt
Cet my milled unit
HARRIS J. LATTA
Pennsylvania Bldg.
I
INVEST IN MORTGAGES
AT 5.4
Recommended by
BEN T. WELCH .
1328 Chettnut St.
MECHANICAL ENGINEER
und ukblitunt la kale uiunutrr
..r I .ii.iiiifiif.(tirliiir raruorutlon
urdrrrd to unolher olllre, delr ilmllar " j
lion In thl. Uclnllr. Salary to ta -v.
,ddre. II 8J3. I.KUQKK CEMBAI
Your Idle Money
Should Earn Interest
Funds for any reason lying idle may be
deposited in a reserve account with this
Company, subject to Check or on Certificate,
of Deposit, and' interest will be allowed on
such accounts at rates proportionate to the
size and character of each.
Inquiries by Mail Will
Receive Prompt Attention
Philadelphia Trust Company
Main Office Broad Street Office
415 Chestnut Street 1415 Chestnut Street
111 I s
-" 11 I -,.-, ; :... , -'.f' . . .. .. ... . .
,t- ,f-
1 -4-
4i rrTBiWr