BVKtflWQ- IBD(lBR-PHrlrJAI)BTjPHTA SATURDAY, APRIL' 22, 1910.
Kim 111 mi. n. ii ii i ill nnii i 111 in m ' J
FINANCIAL NEWS
aATEST UNSETTLEMENT OP YEAR
f IN STOCKS, WITH MANY BEAR DRIVES
- Disturbing Factors Send Prices to Lower Levels Steel
,. Statement on Tuesday Expected to Show Earn
ings Above $03,000,000 for Quarter
High Points in Today's Financial News
tieW York bank statement showed decrease in average loans for week
of n,700,000 and in reserves of $1,106,510, Actual loans fell $7,51,8,000
and actual reserves of $2,836,070. Dank clearings of country for week
increased 33.8 per cent, National Tube Company withdrew quotations
ior standard steel pipe. Business in copper still on large scale. Sto6k
aiders of Chesapeake and Ohio Railroad ratified agreement for sale of
$1,180,000 5 per cent. 3-year convertible gold bonds to redeem $.13,000,000
B-year notes.
NEW YOniC. April 22.
Tho half day with which tho week ended was marked by the Breatcat mar
ket unsettlemcnt of the year. Thero was a long list of dlnturblntr factors, Includ
ing Japan's attitude to tho provisions of tho Immigration bill, tho unfavorable
tenor of Berlin advices and tho mandate Issued by tho Governor of Sonora
declaring American franchises canceled nnd tho WeBtlnBhotiso strlko.
There wns also fresh allusion to tho attitude of tho banks In curtalllnB
accommodation of Industtlals, but back of all theso factors thero was tho most
Important one of sadly depleted marRlns resulting from tho continued downward
movement Tho combination of nil these factors camo with tho attendance of
Important operators on the Street, tho smallest po far this year.
Nearly all tho leading operators and representatives of Important Wall
Street Interests had left the city on Thursday for a long Kaster holiday. Thin
left the market without substantial support when liquidation and bear nttacks
Were In progress. Thero Is llttlo doubt that tho active bear traders wero fully
advised ns to this holiday absenteeism nnd that they had taken steps to make tho
most of tho unprotected condition In which tho market had been left.
From the opening aggressive bear drives occurred, starting with attacks on
the Mexican group, and gradually extending all nround tho room, with constant
offers of tho specialties nt substantial declines, causing a crumbling away of
the market values of those stocks.
It has been a matter of comment ever since the resumption of dividend pay
tnentn on United Btatcs Steel common last January that stocks had been sup
plied from strong sources on a demand which was then created and that tho pub
lic, had been loaded Up with all tho storks It would take.
The process of forcing unloading Is now in order, and when speculative accounts
ere thoroughly cleaned out It may bo assumed that different market conditions
Will prevail. r
Wo will have on Tuesday the statement of tho United States Steel Corpora
tion for tho first quarter of tho fiscal year, nnd estimates aro that tho showing
for tho three months ended March 31 will ho ahovo (03,000.000. Tho Street now
generally looks for something larger than the Hi per cent, dividend declared
last January, and If an extra or Increased dividend Is declared tho stock will look
cheap at Its current price.
For tho day, however, there was no disposition to discount any such action.
In tho lato trading thero was tho usual evening up of traders' nceoiints for tho
purposo of having clean books over Sunday. As a general rule thero were losses
of 1 to 9 points, and In somo cobcs tho declines wero larger, as in General Motors,
which was off 20. Bethlehem Steel was an exception, selling up 9 points.
New York Stock Sales
mh. lMir. it
Alaska 1 OoM At...... OH
Alsilca OoM Mine. i. m 19 J i
Allli-Chnlmfrt Mfg.... St,H
Alllj-Chsl Mff pf...... 73
ArtTWt Buear.. ,.,,, GCM
Am Can ASf
Am Can of inou ino
AmCar&Fdy COJf Mi
Am Coal Products..... H5H 142
Am Cotton Oil SI 60U
Am liipreM .120 121
Am Hide A UMher.... 9J
Am Hide & h pf m
Am Ice FccurltH.....! 20H
Am Unseed. , 23U
Am Unseed pf 4W-J
Am Locomotive........ 07J
flald loco Works nf. ..Kin
Am Malt Corpn pf . . . . XM
Am Fmelt A Itef 04
Am Smell & Kef pf....HK!f 100). lWM
Ampnun.... 135 1.3(1 l.io
0
10
23J
72
03
62M
AH
40,
2AW
221.
-im
ran
100
33
S8!S
Net
chance.
0 - H
10 - H
24 -IK
73 -1
KM -3K
r.2H -3K
109 -2
C3K -ft ,
142 -3!f
K0K -U
124 -4K
0K-H
40 - M
25 W -IK
22K -IS
48K -IK
C3H -3K
100 -IK
a.1 K
mi -K
2Jf
-4
FRENCH STOCKS
SUPPORTED BY
N. Y. CREDITS
American Bankers Helpful
Where London Stock
Sales Fail
Sales in Philadelphia
THREE LOANS TO PARIS
Am fitnel Foundries. ... MK 4fi 40 IK
Am Fngar Kef 107H WTAi 10(1 -IK
Am fiuear lief pf 1164 llflK IlM IK
Am Tel A Tel 128 127 127K
Am Tobacco 10.1 193 103 IK
Am Woolen .....44 II 44 K
Am WrlUn V pf 17K 171 17M -IK
Am Zinc h A 5m 8')). 8GK 87 -3
Ansconda Cop M BUI 77 77K 4K
Associated Oil 0-m (UK IJIH -
AtrhTopAS f loiK 100M tOOK -IK
Atch Top A S F of I(K 100 10') - K
llitd Loco Works 8!)K Rl
Halt A Ohio 8iK Ml
Dall A Ohio pf 7.V ( 7K
Ilalopllas Mining 'M
Hthlohm Steel 431
Hrooklyn Itap Tr 3K
Hron Shoe RH
Huff lloch A I' n.
llutte A Superior BSK
Cal Petroleum 21 K
Cat Petroleum pf I6W
Canvllan Paclflu ItViW
Central leather fiOU
dies A Ohio mi
00
21
62
Xtti
705f
W3i
Chandler Motor
Chile Copper
Chlno Copper
Clilcaso Clt Weil pf.
C O C A St I, pf. . ,
Chi Mil A St I"
Chi Mil A St P pf...
Chi A North ncstcrn.
Chi III A l'ac
CiI Furl A Iron
Continental Can
Consolidated Oas. . . .
Corn Products Itef. ..
Corn Prod Itef pf. . . .
Cruclbto Steel
Cmclble Slri'l pf
Delaware A Hudson. .
Detroit Kdlson
Distil Sec Corpn
Dome Mines LM!i
Irto nnii
Hrle 1st pf 40
Krlo 'Jd pf tl
120
MM
m
03
W1M
21
IS
103K
.49
TiSK
8')K
20! i
Til
33K
70K
91
12SK 128K 12.SK H
.125 12.1 1 2.i - U
. 10K !' 10 - K
. 40K SK 3'JK - H
. K2 RIH H1H - K
.132U 130K 130K -1
. 18K l"H 17 -1
. 92 91K 01K -IK
. Kl( 'i r, -7K
.113H 112 112 -2!i
.130 1C0 IW K
.131K I3IK 1,'UK -IK
14K 42M 425 1
24K
32
SO -4
S3K -IK
76K - K
1
420 -1
KM -IK
r,r,
0.1 ;
8(1K -2K
21 -DJ
45 -4K
lrviw -l
40 -2
teK - K
h'M -1
20K - K
fit -IK
33K - K
70K -5K
II1K -IK
Chesapeake and Ohio Bond Sale Ratified
RICHMOND. Vn., April 22. Stockholders of tho Chesapeake and Ohio Rail
way Company today ratified an agreement for tho sale of J4O.1S0.000 G per cent,
convertible 30-year gold secured hondo, the purposo being to redeem trc road'n
$33,000,000 B-ycor notes outstanding since 19U. The sale of the bonds will glvo
tho company between JG.000,000 and $6,000,000 additional working capital.
Business in Copper Hood
NEW YORK, April 22. Huslncss In copper metal continues good, with largo
ales belntr made to consumers In this country. Thu demand Is keeping up well
with that earlier In tho week, and In addition thero aro somo falr-Hlzed foreign
Inquiries In tho markot. August copper has now been firmly established by
several Of tho leading dealers nt 29 cents a pound, compared with 28 i to 29
cents on Thursday. Other deliveries arc about unchanged, July being held at
from 29 to 30 cents and from September to tho end of tho year at 28& cents.
Quotations on Steel Pipe Withdrawn
PITTSBURGH, April 22. Tho National Tube Company has withdrawn Its
quotations on standard steel pipe. This foreshadows an advance In prices In
tho near future. An upturn In the quotations for Iron pipe also is expected '
WHEAT PRICES DROP;
BUSINESS IS QUIET
Kansas State Report Shows
Gain of 7.3 Per Cent Over
Government Estimate
I " New York Bond Salesl
OKA IX nrXT WEATHER rotlKCAST
CHICAGO, April SI. The wrathfr for
rsnt for SO liotir followHt
. Illlnol Partlr rloiidr tonlsht una nun
art Homrnlint warmer NunUus.
. JUtunrt I'arllr clandr lonltlit nnd nan
car. probably beromlne inirlllet) wrutl
Hminlut warmer bouthrant tonlxht.
WIseonMn I'artlr cloudy tonight and
Sunday! lrot lonlshti (omewhat warmer
ga
Mlnneuta Partly cloudy nnd probabl;
Inowers norinwenii nunu
onlcht and cait Sunday.
Thw Partly
Bjuri prnoaoiy
cloudr
unMtliei
cbanx In tempera I tir,
ortn IaKota .
eat tanlfht.
tanlrlit nnd San-
ed wintt not much
Fair tnntilit ond Hunday
and prereded by umettlrd ea!l warmer
Dakuta rrtly
mv. nrnhnl.li. nil
nilht; cooler aoutbnrnt and warmer north'
Month
and Sunday! probub!
elondr tiintcht
unwilled aoutll to-
nv.
.. U3?i
. AW,
. . u.i7
..loii
S31i
IM'A
Hi'
107S
i
. ..... J""- I-"- flonc.
aiuM 1 "KVi5""" ?
"no;' Am Tel clt la"!
30OO do cit IH
S"J" Atehlnon am A
iSaBu,ss'ati,.,,M
L'0300 do -la ..".'
i'5000 do rv 4!4a
sanoo do sa .....:
i"" Jiruok H T Si mis
I0O0 lirnok Un Klv lit Bi
2.':;:"' -." ov 5 wl 1020 08
liuuij uo i3i HV
3000 do lai ... noli
J i',!'.?. Sl'ih lf.th ' Ba..'ln"
...... i,,i, ,
lono (Jhee &
Binm i;ni 111
Sii.
S.lftO'J
le.lOOU
:o os
.. on;
''" 111 M..llll'i I(l)i 101
l fthlo Ba ...1H3V Sht4J jiug
LBnl III ... 71 II 71 71
& Q iolnt 4 OH-" H 11
: Ml P fV AIL m 1nn nn i...x
';'' K' Houth lat 'ia.'boS BOH O'i
loon rumlwrlanil Tel .'. looli liiiit? inrli
u:i
II"'
101
ini
11X1
1011
lOO'i
UK
UKJ4
101 i
K.I 14
UV.l
111'
174
uak
vl
101 j,
01
II H
100
10UT4
1WU
OH
II UK
Iiuu'
(iennral Kleetrlc.
(inrral Molon
(Jeneral Motors pf. ..
uoodrlcli II K
Ciooilrlch 11 K pf
Gtanby Consol
Oicoiic-C'ananoa
(irent Northern pf. ..
O N cfs for ore Drop.
Int Agricultural pf. ..
Int Harv N J
Illinois Cent
Int Con Cor vteah..
Int Con Corp pf ....
Insp Con Cop
Int M M c of dp....
IntM M pf c of dp.
Int Nickel v t cfs....
Int Paper
Int Paper pf
Jewel Tea
Kan City Southern. .
Kan City South pf. . .
K C Ft S & M pf . .
Kelly SprliiE Tire
Kennerott Copper. . .
Laclede (las
Lack Steel Co
Leo Ilubber Tiro
Lrlilith Valley
Lorlllard l Co
Louis & NmIi
Mackay Cos
Mackay Cos pf
Maxwell Motors
f MMmm tat rtt
I Max Motors d pf, ..,
Mexican Petroleum..,
Miami Copper
Michigan Central
Mo Kan & Texas
Missouri Pacific
Mo Pac tr cfs
Montana Power
Nat Cloak & Suit...
Nat Knam & S Co...
National Lead Co...,
Nat Lead Co pf
New York Air llrako,
Nov Con Cop
N YN II & II
NY04H It
NY O A; West
Norfolk 4: Western.,,
North American
Northern 1'aclM
102
110
IS
11
lit)
ltlH 112
741;
AUH
. M
. a:,
.11!)
. 40
. tOlf
110H
.100
10K
,2
41
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7Glj
47U
I04
4,'iH
8.ri
2H
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li.1
70W
am
I ().-
fi'JH
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W - 51
:i2 -'w,
-m
o
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-1!0
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H
48
II
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110
112
7.-I"
114W 114H - U
HI M -1
4w 4i ns
I I8H 1 1SH - I
:v,H :mi -2K
rm r.mt - u
mw nou - a
Wi D'JJ - i
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72 72 - If
42!f 42' -Hi
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71 74. W - J J
40 40 -l)i
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mi rm a
on on -.i
IiHJj 08)5 -U
.'j25 r,2) -2
KB KB -1
fiS'J 0.5M 1
ISM 485 -1M
75 75 -1
.If OK 1S9K 1S9K -7M
lT2',i I22M 122M 2M
Bank of France Increases Gold
Stock, Despite Drain of Ex
port Shipments
Dy YVES GUYOT
nx'Mlntiiter of Public Works, IMIlor l.'Aaenco
rjeonomlau( et Financier.
Sprctal Cabta to Evcntno Ltdotr
J.'AniS, April 22. Up to tho present
tho opcnlnB of tho London marhct to
Krcnch ntoelts has not been of much help
In hn rUstlon of pxclmnRc. as dnlc In
London linvo Imcn InplBrtlflcant. On thn
other linliil. tho mslntanco o( American
honkers In rmlcavorB t reRiilalo Now
York pxnhnnire has been mopt tfllrnrlous.
Thero linn not only hcr-n an AiiRlo-l'Vench
loan In America, hut a Rymllcalo of Amer
lean hnnkn han otieiiftl threo mircepslvo
credltft for a nynillcalo of French hanks
under tho control of tho Ilntilt of France.
Hut It may hn n mistake In think
Kronen rnr. brlnK oxcliaiirjs tltrwn to tho
normal before llto cttil of the wnr. Thero
are only threo waya In pay ttcbtn outside
our own bortlorn send merchandise,
stoilts or Rolll.
Thero la llttlo chance for Franco to In
crenso exports ilurlnrr tho wnr, while for
those possible for It to continue making
there aro Innumerable Government re
strictions which aro belnp added to dally
ami thus force a ilecreaso Instead of an
Increase
The same remarks npply to tho sale of
stocks flovernment regulations Interfere
at every stop.
In rrcnrd to tho export nf roM, that
wo know hns been continuous, especially
to London. Nevertheless, tlm Hank of
Franco is able to keep up Its stock of
precious metal, nnd todsy we havo further
proof of the bank's strength in the fact
that tho weekly statement shown an In
crease of fi, 000, 000 francs Riild stock.
MO
SSh
: mor ... nu ii' ,
Hee . , . , 43Ji 43 i
llroa war lj .IW
Co N Am 23J, !
r3
ill AM. Chat ..'ii'C
iw r.iec nior ... nw
2uu mat
4 Ilar
fio kenne Cop... B4li
tea, i.nK HUP t.orp 11.
.10 IhUh Nav. T(i.
nn inmn vai.d tu
aw Nevuda Cona. 17W
.IB Northern Cnt 874
too i'enn Traltlo. . I"
S02 I'enna .,.., rnu
t.ip fenna tia aii.iuo
.'.22 l enna.Ht prr. v
S.10 J'hlla Wee.... 2
HT
Not
Clo. chao.
Bfl 1
43 i 1
-1 '1,'
r.3 14
74!i a
7? a
hlla
,ao neadlnff
2MJ Tonopah
tr ct 17 4
..... p..)1
iii .
LHO T.nnK.I, lin
800 Utah Corner., 7PS
SO Union Traet. 421.
.7? Unit rlaa imp M'i
u 8 Bte. ... Hli
fa
".Jlu,,.nIn(i, a
1UII 1UH
832.1
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na
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nw
77H
424
nn
so
tin
fl"
77H
42H
SO
ROW
LEHIGH VALLEY TKANSIT DIRECTOHS
TAKE NO ACTION ON BACK DIVIDENDS
,
Regular Declaration of IV Per Cent, on Preferred Stock,
on Which WA Per Cent. Is Accumulated Prices
of Stocks Lower in This City
..TPla le. B32t ahnrea, eomparetl
tmu tnnrr iat Nnttininri Inn eeu,
harem lat neeli, ni.01.1 elinrea.
iTTitn
411,240
noKhs
lliah.
IV.
ua
snoo Am o h v. r, nau
2000 Key Tel 1st n.H8U .08
Cloe,
113 H
08
2000 Ii V aen 4Ma.liii)U inu'i loil
iuii wai l'rop uo. tit lis nt
2000 Plilla Elec 4s S.I SI Rl
1000 Itend-Jr C 4a..U. (., 00..
lOOO Bpan Am I ria.l02i lo2ti lo2tt
S0O0 H O & 15 ll.10l(i 101 101
Net
Chit.
2
1
-!,
Tnlil tnlaa. 1I9HIM
lnt Hntnrdarl thin week,
.1,!U!I.
rompnred with 30,000
Wia-i.mut in nttu.
Local Bid and Asked
PHILADELPHIA
MARKETS
Nrbrukka-UnMttlrd weather lonlcht
hi nunaarl prnuonir uowri
Kanaaa Partly elondr and
tiled tonliat und Sunday)
Car,
CHICAGO.
tirnhntitv klinwrrM Wilt.
pronaui uai-
rooler Hun.
April 22. Conflict I nr in.
finances were again at work In the wheat
market today with the diplomatic situa
tion receiving: the bulk of attention of
traders. Opinions concerning the outcome
were mixed and this caused hesitation on
tho part of many of the operators around
the pit.
At the start May was quoted from
11.14 01.1 3 , a decline of 3 cents. July,
at 11.13 and !1.13tt01.13. a ions of a
half cent, and September, nt 11.11 ',i0
U1S, off cent. Later prices fell
Ibout H cent furtBer, due to scattered
Minns' and fears of May liquidation,
which served to cheil buylnsr. Business
was quiet throughout.
The Kansas SUto report, which was
mads publlo over the holiday, showing a
gain of 7.3 per cent, over the Government
estimate for April to 87.3 jer cent., was
the cause of considerable comment, It
was pointed out that thla'State was one
of the exceptions, as recent jreports from
other sections were quite unfavorable.
A report from Ottawa stated that of the
total estimated yield of 1915, 23 per cent-.
or 81,854,000 bushels, remained in the
farmers' hands at the end of March as
compared with ItVt Pr cent a year ago.
The receipts for two days at Minneapolis
and Puluth were 384 cars. The receipts
on this day a year ago were 228 cars; at
Chicago, 92 cars, compared with 98 cars,
and at Winnipeg, 260 cars, contrasted
-wttil 185 cars.
Corn was easier, with small trading.
May was down He, September lie apd
July !& Offerings were rather Jlght,
because of recent unfavorable weather
reports, which were against farm work.
Ttts receipts here today were 88 cars.
Trmliiis In oats war light, with prices
?ic to He lower. The receipts here to
day were 174 cars.
i'roylllons were Inactive and about
steady.
Ijadloe futures recstd as follow:
TUursdeys
m,.t- o-r, Htah. ,- C.. -u
July ...;. l.JSH l.JJM MlfttMIS I1.1JK
..7H wi ' -v.i rufvii
JjSf,
7
..kSS; Mi". w'cur Corp. as.. 73
HcV'r.Ki-.DVi'sS
SOOO I C C A H I. 6
811000 Inltr Slet 4s ..
fi 00(1 Int n !' rr Ba
HI 000 Int il II 414, ct .
lopo Jap nw V.i ....
1000 l,ack Htl Sa 1023
HOOfl Lack Htl Ba 1MO
HXiOl, V Coil Sa ...
7000 I.ls 4 St T 8a . .
7S00 I-orlllard 7a . .
r.000 il & Ht I. 4a ...
1000 M at ! 8 K SI 4a
iuiio 310 Kan & T lit 4a 71W
lOOO Nat Tuba Ba. . . . . 7.100
??? H KLAJr Bka evtia 101
1000 K TO I con 4 KSli 55i
1000 n y c 11 aw 2 228 8
16I00O N Y C II i7::--lii lin-
1000 NYC Ilud i- y'i! u2,
m S Y n Hud 4.: oi" nl
Sffik' H TrC Bt 1. l.t-4. K
nXXn i JtfJ' t '??. J
aooo r ir"f', V .'.UV: -
RTnin kt v ..:.. "j, '!!
-1V1" ' ... ,uj oa... DTH
7H
....... ... ;. r.-"" - . . ,79
or fao den 8a ... tldi
7000 I'aclno Tel Ji. loo
ftlKW Penna 4 1048 :JgST.
'" " ac, ci 1 nil .111
D')4
103
123
J2HH
H0i
93
I00
iui
1000 n y Te nnk
1000 N Y Wt U 4a
26500 Nor I'ao prior 4a."
1 A I u .... a'
1000 p jr. ,,.T.T SXSiJ
lOOO Public Berv N j fci bl
6O00 Headlna- fin Ii oil'
10OO Kaput. Cuba Ba l6H !
4000 Itep Jr L B oa oS!
SOOO Hock I.land rfd ii! ?
:S00J Ilock lalaml Ba ... 45 i!
SOOO itock laland 0a T .1018
20OO Ht I. Hun 1.. J. '-'.;
lOOO Houth nail Ba '
T
wtA Ja" 4. fa?
BI1K
7H8
V2V.
(lilt.
100
0 Ji
101
101 V.
8J3
O0H
83
Ontario Silver Mln.
I'cnnsjlvanla It It...
Peoples (ias Cbl
Philadelphia Co
l'lttl Coal Co it J...
Preised Steel Car Co
Pullman Co
Jlj Steel So Co
Ily BteelSp Copf..,..
liy Con Copper
lu-adlnz
IleEdlne 1st pf
Hcadlni; I'd pf.,
lie public Iron & S
Seaboard Air Line
Sbat Ariz Cop
SJosj-Sbef B & I
Southern Pacific
Southern lij
7K 78 7R
... 07) OOM IW5 li
. . 71ti (1W1 COM -211
.. SL 7H 7H -r,
.. ma rm Jit -n
.. os n ma -oh
:7ii 3W. :mn - u
..10.1 wr, in.1; -22
. . im si. :ih - h
. .j -am :m m - y,
:M M 'AH - H
'.. 70H 70J 7IIJi - H
... 7tiM 7BK 70!J ).
.. 22l 10)J 10U -2!i
.. Kill Oil. B.T w
.113)1 113W 113f - H
..129 321 12.1 1!,'
.. 17U 17W 17)i - ,','
.. ma cos. iif -in
..101 irjo'i loou )
. . 20 mi 20H u
120M 120 120 - M
GO 00 1
ioo;j iooj;
ay. bis a
so 50 If
I0W 101)4 IK
30K 39K - K
K 23 23 2li
41 -14 44 3
00
...110
0
JSOtf
102
40
w,
1G0K 100K liiOK
5888k5l !.::: 8 r lm
mi: in'.
lOOO ,tn w A.
fl-uMj noutn t'ac
InntT
. -:
42000 Hnnth tlwL. :Ji 5I" SX, "'
r,..Lft uZ-:ir ::-f - ? .m wu
st.
l.'llW
cim tammt duvry
Jissl .7.. '
43
4S4
July
Brt. . . .
Jsita
Ms .. .
Jatr
ft-M
$iti
mnr
78".
14H
43
4.1
3fi
in m m
3 siif. 'im
1S,P?
.32
?
u.
it so
list
IS-IT
13
mm
iito 'iiaT ii.fa
lt5 tlt.9T tlLgO
13 3 13.13 h;.W
13 as H2.s nxts
I3.3S W JlSSS
Ir-W, '-ft
1303
SolS S2"''i liW .."!'
IJJTblrd Av. adl Ba '.'.ft.
.KMIO U B Xlubbar 6a ift'.u
17000 IJ H Steal iefia'"lti4
rtooo Union Pan lit A l ,
20011 Union PaS rfd 4i 0!
liHHi ijq itwra B K 4. sdK
4000 V Car Chm l.t'S: nSli
JSP
oa
DO
8SI
lo.i U
Oft ,f
So"
10'iTi
105
7U!4.
113 ,
loiH
o
uo
a 11 '4
4000 Vi Car Chm let 5a" 02 S22 n5
LOCAL BIINING STOCKS
TONOPAll STOCKS.
Studebaker Co
Tenn Copper.
Jeiu Co.
Teiaj raclflc
Tblrd Arenue
Union Htr & Paper...
Union Has fl: I pf....
United Clsar Store. ..
Union I'acUlc,
US Ind Aleonol
United Fruit
United liyi Jnr Co...
Un itys InrCo pf,,..
US O I I4 F
US Bubber..,
UB Itubberlit pf....
u mew wrpn..
:i4K
07
I21i
m'
43
4.1
47K
14
31K
Ml
1)5
19!f
32
07
22K
mjf
13
15
43K
14
30K
60
0-Ui
1UK
32 -3
07 1
22K - K
H3 -IK
43 2
45
43K-4
11
mt - k
0 -H
0-1K - H
lUtt
..I27K 121K 121K-0H
40 43 44K -2)f
..1& ISO ISO -fi
H'( Mi 8K - H
.. CO 0K 60K 1
OH 6K fiH - K
. 30 :t0 30 -IK
. 001$ 90 90 -1
130! J29K 129K - J
.142 137 137K IK
.145)5 143K 1I4H -2K
. 1.JH J2J4 12K IK
-Vj 27J
IBK 10K
fill. U)
107 107
81K SO
Jim Hutler
MaoNatuars
nwiwar
Ulzpah Eflenflon
nooiana , .
North Blar ......
Tonvpah Halmont
Tonopah Kitnlon
Tonopah Jllnloj
tuaau sua . . .
West Pod
Bid.
... ...... ....,,., ,92
.,,,,,,,,, ,.,,,,,,',12
.,..., ft ,,,,, ,32
,.,...,,,.. .IS
H
n
Aeked.
.83
.14
.30
.34
an
.20
OOLDFlfeU) BTOCKS
m.
.77
hiu buu ,,,;.
Uooth
Uulldos I
COD
CombUutlon, Kriftlon
BUmt B B
Uy
Florence .-,
Boldrleld Consolidated
aeldflsM Morir ....,..,
Juuiha KxUoaioa ...,
Kawstiaa u...
Qro
Sunt Kta
Silver PWk
.IS
.13
.01
.OS
.10
.14
.03
.40
.02
,0
.10
.05
.OS
.43
r?
WISCKLLANKOUa.
"lrr Astss
1 Ktmbttir,
' AtljjiiA Ua.
.. .01
.. .01
1
.,1.1(3
:?:
.05
If
.03
4V
2.G4
U H bteei Corpn p(,..,116)j IIB
UflSulll M e9K 65
ueuiuii pi.,., ran
Utah Copper,,, 70)
Utah Securities,,, 17K
Va-Caro Chem. aojf
Vft-Caro Chem pf....J0U
Wabub,,., , 14
Wabash pf A..,., 43);
Wsbajhpfll 25K
WelUFarjo Eap,,.,,j20
WeatH&M fi7K
Western MaryUnd,,.,. 29K
West Union Tel,, , gSK
WUiM orenana .,.2I0K 212K 212M -4K
WllljfS Ov pf r f p.,, 103 103 103 U
WoolworUl K W, .127 J20 jog
Woolwortn F W pf.l2.lK 134K 124K
27K - J
lOJf -IK
fiO -IK
107 - U
kOH -m
110K - K
05 -4K
filK - K
77K -Ui
17K - K
37 -4K
108 -J
13). - M
43 - K
25 If
125K mn -IK
M 61 4
29K 20K - it
OBH hOU IK
51H
77H
17K
37
IDS
13K
43
25
Total aalea. 37.000 sharei
181 JOO auare tail oat
t.l
la.l
136,800 bsrri lat week
irea, compared with
i"".?!. ,1, weak,
k. 3,947.800 abaresl
DIVIDENDS DECLAHED
American Brass Company regular quarterly
of Hi per cent, end an aura of a V4 per cent.
Tbrea month ago 1H per cent, and an extra
of 3H per cent, were paid.
rieneral., Chemical Company. resuUr ouarv
terly of Hi per cent, on common stock, pay
able Juna 1 lu etoclc of record May S3.
The Trenton Potteries Company, regular
quarterly 01 1 per cant, on preferred elock.
payable April 23 to holders of record, April 21.
CliUb,. Valley Transit Company ' rtj p,r
cant, on tha preferred stock, payable j&y'iQ
as reslf'erea April iv. ." raonins ago tbe
compaor .iwiw,
this atock.
shed . l'-i per cent, rate oa
RAILROAD EARNINGS
COLORADO AND SOCTUEAN.
1018 Ino.
2d weak April ,.,?i?'J T.3
From July 1 12.631, S81 82j,2s,
, OEPROIA BOUTHEnN AND FLOHtDA.
Hi week April "-4iS,39 11.594
l-rcinJulyl . 931.32 182.833
L0UI8VILJ.B AND NASHV1LLK.
fccoad weak April .. 3t.lStf.040 I2SS.3IJV
!ftSjujy t Jr.03.i99 s.mMl
mrr-ann nntAp ivtimiii
nk Acrll . . ISiaiAT
jm J is.mtMk
mm
CHAIN AND FLOUR
WMHAT Tlicrn wiir a derlinn nf !ir. In this
murkft. du to n alow dnmiunl and lKnrlnh
ftlHTulutluti In tho WVat. gtmiutlnnB: Cur I'tla.
In uxtiort rlcvator Nn. 2 rnd. Hriut and April,
It. 1.141. Id; No. 2 Knuthrrn ml, ll.lUPl.14i
HlPiunr No. 2 red. tl.tol.!:!; Nn .1 rfd,
ll.IOVI.11i rrjortrd A. II.HTti it 1.1014 ; m-Jri'li-d
II. ll.Oinfui.oii.
tdUN UH-ilptH. 2023 lilinll. OffrrlnuH wrro
only mridrrntn and tin mnrkt ruled atrady.
but trail" wan quIit. CjuntntlntiH: Car lota fnr
lonal triidi1. UK to lorntlnh N'o. 2 yellow. 82'rt
2H';.: utoiimor yellow. xue'Hlr, ; No. ;l yel
low. 7778e.; No. I yellow. 73"7llc.i toll,
per "II Him.. 711 tie.
OATH IteeeliitM. 01.03!. Iitmh. The market
win quiet 11ml unrlianiteil with moderate hut
mnple olferliiKM. (luotaltonH: No. 2 while.
r,l Mi KB2i..i mandaril white. r,oi.".lc.i No. .1
white. 4IIM3IW.! No. I white. IT V, In IK'ie.j
MHlllple oata. II Vt di 1 1 ',i c. ! purified nilny
Brinled. Iliwr.ll'ie.
rj.OI!lt ItecliitH. 1113 hhln. nnd 2.710.332
lbn. In a.ieka. The m.irk. t wax dull nnd larirety
nominal. Quotation tier 1 fill lb. In wood: t'ln-
ter. clear. 4 N3rn.l0: do., atrnliclit, I3.1BW
r,.3ll: 1I1 . . tmtellt. 13. Illlff 3 ftO: Kuim.in, elear.
I'ottnn anekd. 13f3 MO. do.. ulralKhl. entton
Hiirka. 13 Illlllr." 73; 1I0., patent, eotton aaeka,
J3.73WH; upline llrnt iliar, J,,n33 73. ilti..
rtrillsiit t.VTnfi .VIM), do . patent, 1.V.MI d.23;
do., tuliirlte lininil.l. ll 3UWII.73; rllv mills,
rholen and fntiey patent, tll-3IHS,'l.73; elty
tnllln, reular BradfB Winter, clear, J4.834P
b.lll, do,, ntralsht. 13.133.30: do., patent,
ir,.iin3n.
UYK KI.OIIH was imlet hut nteidy tinder
llcht orferliiKH. Quotntlona: 135J3. r,u per hbl,.
ua to quality.
PROVISIONS
The market waif quiet tiut llrm Quotations:
rlty lw,.r. In aetn. amokeil nml alr-rlrleil. L'lle. :
WeHlem beef. In aeta, amokeil, I'll,. ; rlly heef,
kniiikliiH and tenilera, nmoked and itlr.ilrleil,
27W2Xu : Western li-ef. knueklen and tiindera,
nmoked. 27f2He : heef hittna, I2HW.'S0; pork,
r.imlly. 123.30'i2l; h.uiiH. K V. eurel. lnoao,
17'4 u IB,-.; do., Hklniieil, Iooho. 17VjlHr. ; do.,
do., smoked. 1H',(i Wllir. , other hama, nmoked,
elty eured. ua to iiriiml nndavrrairr. ih(c iHMr.;
hatiiH. amokid. Ve.item cured. IHI'MKc.i uo..
l.olkd. honelemi. :i(le. : plenle nhoillderH. H, P.
eund. Ionia. 12Ht'.:iln.. rmnked. l.1'AiinVic.;
Iielllia. In pleklo. acenrdhiK to average, loone.
13Mlilc; hreukfat huron, us to brand and
averaiie, city cured. Itlc i do.. Western cured,
17lc.; lard. Weatern rellned, tlercea, 3c.i
do,, do., tuh. lie.: do., puro city, kettle ren
dered, In tlercea, lie; do., do., In tubs, 13c.
REFINED SUCARS
Tim market ruled llrm, hut there was llttlo
tradliB. Quotations: Hxtrii film eranulnted,
7.23c; powdered. 7.3e ; ruiifectlonrra1 A,
7.13c; eolt tirades, ll..',ii07.1Hc.
DAIRY PRODUCTS
CIIRDSK Thu market ruled firm under llaht
oflerlnaa. but trade was quiet, following aro
tha '(uolatlnna: New York, full cream. lancy,
held. IHK lOe.; speelal hlsher; do., do., fair
toKood. held. 18lH!4c: do., do., part aklme,
1 1 w 1 Uo.
nUTTEIl Wholcaala trndo as ueual on lha
last day of the week was nulet hut receipts
wero llaht and Iho market ruled steady. Quo
tations: Western, solid-racked creamery,
far.cy specials. 38c; eatra, S(Ic; llrsta, US'ic;
seconds. 3l4f35c; nearhy prints, fancy, I'jc.i
SST?5.M,r.ai3c'! "rats. MitXlc: seconde.
34H B.I3o. Jobblns sales of fancy prlnta, 420
45n.
KOOS Itecelpta wero quite liberal, but
there was a uood demand for desirable stock
and values were well austalned. Quotations
followi In freo eases, neorby. oxtra, 28o. per
doz. ; tlrats. 1H.70 pr atandard case; nearby
current receipts, Jfl.flO per case; Western
Sxlra"'.eVrV-:':- P"1- JP""' .Western extra
IlrstB. 10.75 wr ran; firsts. 18.80 per case:
Houthern. in.l5B.lB per case: fancy selected
candled fresh ecus were Jobblne at 272Do.
per doz.
POULTRY
liTVn The market wan nulet, but values
were well sustained. Quotatlona. Fowls, 1DW
-'.,1c.iX'!?."t, 12013e. ; chhkens. soft-meat-ed,
202!c.; eseepilonal lots hlirher; do.,
M". 1413c; dueks. aa to alza nnd quality
IHO2O0.; seese, 17le ; some iinattrartlva
stock lower; pltceona. old. tnir pair, 28030a ;
do , youns". per pair. 20W22O.
I.IVB Kowla wero llrmly held. Bprlnc
chlckena were more freely offered and u
shada easier. Quotations: Kowla, IDOSOHc;
roosters, 13 vide. Pl!n" chickens, aienrdlni:
to quality, webrhlmc IU2 lbs. apleee. UdiMuc. ;
ducks, as to size und quality, IHOsiJc. ; seese,
HtflUc.J some unattraettvo stock lower; Ida.
eons, old, per pair. 2MO30c. ; do., younir. per
pair. 20O22c.
DltEHSKn The market ruled Hrm, with do.
ntand abaorblns the limited ofTerlnas of deslra.
ble stick. Quotations: Krpsh.kllled poultry,
dry.packed Jowls. 12 to box. dry-picked,
fancy selected, 22c.; welahlns 4V i 3 lbs!
apiece. 21HO..I, welshing fi,s apiece. 21Hc.:
welghlns 8H. lbs. upteco, ,2014c.: welshltis 3
lbs. apleca, ldWlOci. fowls, 11 bbls., fancy,
dry-picked, welidilns 44B.lba. apleca, SI Vic.;
welshlns 4 Iba. apiece, 2l'.io., amaller sizes,
1720c; old roosters, dry-picked. 18o, brolli
ere, Jerseys fancy, 30055c. , do., other nearby.
weUhiny 2W3 lbs. per pair. 40J42c; larger
slzea, 33U38C.S capons, per lb Weighing hit
10 lbs. apiece, 27021)0.; smaller sizes, 2.1 W
20c; ducks, nearby, spring, 28 80c. 1 squabs,
per doz. White, weighing 11012 lbs. per
doz., I3.83UH; white, welshing- Hullo Iba. per
doz., J3,?34ir,,7B, white, welshing. 8 lbs. per
4?S-L."y4-75s ,':.40i. 7. lbs' Per doz.. ta.23
3.7B; do., do., d 01114 lbs. per doz.. 12.600
3) dark, 128; small and No. 2. II W 1.50.
FRESH FRUITS
Demand was fair for cholep atock and valuea
generally ruled steady as follow, i Apides, per
Cbl. wliwaap. ,ia4; iuidwln. S2.80a3;
Greening, , I2.23&3: Hen Davis. 1.732.23;
other varletUs. U.B0Q2.B0; No. 2, tf.23
1.80! apples. Western, per box, tl. 2501. 78;
oranges, Florida, per crate, 12.BO04; tan
serines. Florida, per strap. I2Q3.30; grape.
fruit. Florida, per crate, l 7BW4; lemons, per
box. iza
13.B0U3
In .Tiruv.
Florida, per ut. Itefrlgeratora, 23t0c; open
cratea, 20 U 30c.
VEGETAnLES
The general market waa qulft and without
important change. Quotations; White potatoes,
per bush. Pennsylvania, tl. 150 1.20; New
York. I1.10O1.18; Western. JI.uaOI.10: white
potatoes. Jersey, per basket No. 1 Hose. 05
Ee.; No. 1 other varieties. 6807Bc.i No. 2,
80O40C.; whit" l"'!"1-. .Vto'te' tr bbl.
No" 1. ta.B07; No. 2, 8 ..50 JiB; sweet poU
toea Jersey, per basket No. 1. 45OB0c. ; No.
2. 23030s.; sweet potatoes, Jersey. Delaware
ana aiaryyiiMi, vvr uiuiiihi. i, loc.nstli
No. , 600c.: sweet potatoes. Vlralnia, per
Murrain A Sueq t c.... 17
nn pret, ir.i
iirin, .1 o nn
Baldwin KH'4
. do tiref I1
lllertrle Hlorfllte M'.i
tlenernl Asphalt...... 32i
..do pref 70,
Keystone Tel 1314
do tr ctfa 13l4
do pref
l.nke IJuit (!orp...... 0
I,ehleh Nnv 71
Ihlah Val ...; 7B
Iiehlsjh Val Trkn 21.
Oo pref 4Ji
Today's
nid. Asked.
Penm
I'hlln Mlectrlc
riilla Co
do 3 per rent pfd.
do 11 per cent pfd.
I'hlla Itap Tr t .,.
Heading
Ton llelmont
Tonopah Mining . . .
Union Traction ....
United (las Improv. .
tr H Hleel
York Itwy
do pref
Wm Crump t c
BlU
Z7'J
.in
as
12
,V4
us
Hl'(
Ml1.
12
111
7H
4H
nil
411
R7
11(1,
r,u 14
Hi
14
"n'4
m
11
40
41
is:,
82
Yesterday's
Hid. Asked.
411 48
3IIV4 H
10 4(1
wi no
1 n;4 lnii!4
r.tilt no
.11 ,13
70., 72
114 II
1.11 II
(IK 7(l
Ili 111
7I 73JI
21 2114
42'i 13.
Bill', WIJ4
27l; 27ti
411 41
.IS .10
42 I2'4
1714 17j4
HI. Hit
114 4
I2J4 43'1
N7JI H74
Hli HIM
1214 1.1,
.Id .11114
711 83
Tho directors of the Thlrth Valley
Transit Company, at their meeting In
Allcnlown for the purpose of dcclarlng
tho dividend on tho preferred etoillt, took
no action on tho accumulated dividends on
tho stock, declaring only tho regular rato
of 1V4 per cent. In somo quarters It had
hcen expected that something toward tho
payment of tho back dividends, which now
amount to H'4 per cent, more than
$700,000, would ho done.
Thero Is an Impression In t.ie financial
district, howevor, that somo action look
Ins toward tha paying off of tho accumu
latcd dividends will ho taken In the near
futtiro. This Is strengthened by tho fact
that n substantial surplus Is now being
enrned, tho company's earnings being at
tho rato of about 11 per cent, per annum
on tho preferred.
Tho slock market In this city In tho
short session today was a typical holiday
nffalr. Attendance on tho fttock Kx
chango nnd In brokers' board rooms gen
erally was small, many traders having
gono out of tho city on Thursday for a
triple holiday.
ol!owlng the trend of the Ndw fork
market, stock prices were gencraly lower,
although the losses, for the most part,
wero confined to fractions. In some tevr
Instances the losses wore nround n point,
nnd In one ense, Standard Oas nnd Elec
tric 6s, Iho loss was l',ti os compared with
tho last provlous sale.
Tho few traders that wero present on
tho floor of 'Change did not want to maka
ntiy now commitments over Sunday or
until there Is some definite news on the
diplomatic situation,
A salo of I'enn Trnffla was made for tho
first tlmo slnco the first week of January
of this year, tho price being orf , I'hlla.
dctphla Klectrlo lost n quarter of a point,
Lehigh Vnlley 14 and Northern Central
". I'cnnsylvnnla Halt preferred was Un
changed. Tonopah Mining was ono of tho
exceptions, advancing a. small fraction In
tho Initial trading.
What llttlo ncllvlly there was was con
fined to United Btatcs Steel common. The
bulk of tho trading Is usually done In
this stock. Tho price declined In sym
pathy with the tone In Now York.
NEW YORK HANK STATEMENT
Financial Briefs
Orders for 100,000 tons steel rails havo
been refused by tho Colorado I'uol and
Iron Company In the last few wroka, bo
causo tho company has orders booked
ahead that will tax Its capacity until July,
1917, according to President Wcluorn.
The Northern Pacific's gross revenues
for tho first two weeks cf April were
52,701,000, un Increase of $183,000 over
tho corresponding period last year.
During tho second week In April, :!2
railroads had gloss revenues of 513,360,
100, nn Increnso of $10,002,318 over the
corresponding weok of last year.
fleneml Klectrlo grtss earnings for tho
year ending December .11, Inst, wero $89,
206,178, a decrease of $4,1 IC, 0.14 from tho
preceding year. Kxpeiiacs and Interest
charges wore loss, however, by $1,506,016,
and tho net profits accordingly increased
from $11,287,888 to $1I.717,'J0, nn nil
vnnco of $160,021.
H. I,. Smlthers baa been elected second
vlco president of thu Louisville and Nash
vlllo Hallrond, succeeding the late William
J. Dickinson. C. F. Ambler succeeds Mr.
Smlthers as assistant trensurer and Is also
appointed assistant secretary.
Thn Bank of Knglnnd reports tho
amount of currency notes outstanding ns
100,551,805, against 104,378,438 last
week. Tho amount of gold hold for tho
redemption of such notes remains at 28,
500,000. Operating revenues of the Now York
Edison Company during 1915 wore $22,
516,008, a decrease of $032,271 from those
of 1914. Net revenues were $12,896,390,
a decrease of $708,027. Dividends paid
amounted to $4,451,850, an Increnso of
$731,661. Tiio surplus decreased $573,796.
The Now Yorlc Subtrcasury gained $1,
166,000 from batiks on Friday.
Marclt operating revenues of the Oorgla
Hallway and Power Company and sub
sidiaries worn $580,465, an Increase of
$53,981 over the sumo month last year.
Net earnings were $246,919, against $205,
496 lu 1910. For the first threo months
of the year tho company had net earn
ings of $750,044, an advance of $107,393.
Avcrnrjo Loans I'nll, Whilo Actual
Increase-
SKW Yortlf. April 22. Tho weekly
bnnk statement for five days Bhowed 11
tlecrcaso of $4,799,000 In average loans
and nn Increase In nctual of $7,584,000.
Reserves decreased In both statements.
'Details follow!
AVEIlAOn
Decrease.
Loans JI.7tn.iino
Demand deposits , ill.ii.Vt.iinn
Time deposits ail2,0il0
Itescrvo 1. 11)11, .HI
ACTUAL
Loans
Net demand deposits . ..,..,
Time deposltH
Reserve
Increase.
7.881.000
n, 2. 1.1. noo
4.;i.",2,OII0
2,830,070
HANK CLEARANCES INCREASE
Philadelphia's CJnln for Week Is Next
to Biggest
Total bank clearings of nil the clearing
houses of the United States for the weej
ending today wero $l,6'.'5, 491,645, agaln.it
$1,165,686,930 Inst week and $3,510,007..
193 tho corresponding week last year.
Philadelphia's clearings for tho week
showed a growth over last year, which
Now York alone exceeded. The percen;.
ago of Increase here was 33.5 and that of
Now York was 37.1. Last week Phila
delphia clearances lend. Details follow:
linn. Itil.l. p.e.
New York. 12,141. (I.I.1.BI17 SI. iMi.litn.27S 17.1
lloston .. 1,10,0110.11110 122..1II7.II71 1-22.1
I'hlla I73.K2ll.ll22 1.1(1.2:1.1.(1(1.1 3.1 fi
llaltlmore. 27.0(i.3.1.1 2ll.lllill.l27 .1. I
Chtraeo ... 3.12.IHH.NI2 2il3.Klni.lii4 21.11
Ht. Louis.. K.1.BIHI.2I2 (in,(llll,7.1l 4 lill.n
N. Orleans. 1B,HU(l.4lil lH,ii."(,Til(l 1.1.1
CURB BROKERS WORK
IN FLOOD OF RAIN
Storm nnd Holidny Ekodus
From City Cause Drop
in Price3
Heven cities,
r, d.'iyn.. 1.1,221, 082.278 12
Other cities,
5 days.. 0(10,012.07.1
Totnl nil
eltles, r,
days ...
All cities,
day . . .
11.1. nm. o.'i .i-M.n
fill, 012. 107 23.B
13.891.021.351 t2.nri4.n03.nil .11.8
801.4(17.201 5.13,403,042 4I..1
Total nil
eltles for
week ... 1 1. 605.41)1,(115 13,510,007,403 3.1.8
Partly estimated.
$100 BONDS
4tt
Alhert. Province of
Aiisia-rrenen n
Argentine linvern . . B
City of Ilultlinore. . 4
city or cm, liar con 4
City of New or Imp. 5
City of Vancouver. 44
N Y City reif 4 iJ
N Y City re 4J
II & O, O U L K lit 0
On Ver lly 1st ret 4
Chi n & Q Denver ex;4
C M i H 1' sen rf en fi
Chi .M & H V con... 4J4
Col & No ret & est.. 4Vi
N Y Central cv deb 0
N Y & tl I, (Rrle) 1st B
N Y N Hill o ile cts Hi
N Y N HAH o de res (I
Norf & West 1st con 4
Ken Air I. 1st 4 ion !
H Pan San V Tor 1st 4
Vlrslnla Itwy 1st... fl
A Art Chem con deb fl
Am Ice Kecurl deb . . 0
A T & T coll tr ctfs -I .
AT&T coiiv 4 H
lleth Hleel 1st & ret. B
Cent Leath 1st res. II
Cities Herv cv notes. , 7
Com 1 lly LUht en 1
Den 1 t niec 1st.. B
den i:ieu deb Hi
Ot West I'ow con deb tl
Lack Hteel 1st con.. B
Laclede Ias 1st .... f.
I. lis tt Myers deb res 7
I.Ik & Myers deb res B
P Lorlllard deb res; T
P Lorlllsrd deuireir. . fi
Pierce Oil con deb. 0
S!ou Power 1st c ret S
o?W
HO
iim ',;
1)11
11X1
1)2 54
limK
101 K
l)HJ
K.I
III)
KillU
100 'I
m ;
113
ll'J
lIJ
MM
08 K
lliF4
loo H
loo
101
101
l)!(
82
1)8
01
luoK
125
101
124
loo
83
00 H
GOVERNMENT DONDS
1024
1020
104,1
10112
1017
11I2U
11)23
10(13
11)1111
10.10
10211
1022
21114
10112
Hurt
PJ8.1
1114(1
10.111
1048
lbllll
1043
11131)
1002
1021
11)25
1020
103.1
1042
1023
11)18
HUM
10411
11)12
1025
111.1(1
1010
1041
10.11
11)11;
10.11!
Iu2t,'
1043
!3h
10m
103
1)0 K
80
111!!
114
III 1
loot!
00
0.1
10(1
ion;
mi li
102
10.1
iuii
fio ',4
03 S
127
127
8A'i
07
Local Ilcsorvc Hank Stntcmcnt
The condition of the Federal rteservo Hank
nf Philadelphia at tho closn of business April
21 compares us follows:
IlLSOUItCEH.
April 20. April 14.
flold roln and certifi
cates In vault 14,040,240 18,012,030
(lotd settlement fund
bnlanni '. , , 9,740,000 5,1)21,1100
Gold redemption fund. fiO.OOO 50,1)1)0
I.oflnl tender notes.
silver, elo 1.700.280
Total reanrvo . ,
Commercial paper
jianK acceptances ...
Total hills discount
ed and bought ....
II. 8, bond
Municipal warrants..
Total Investments..
Due from other Fed
eral Ileservo banks
net
Federal Henerve notes
011 hand
Notes of national
banks and other
K e d o r a 1 Ileservo
banks
All other resources..
,.112,320.1520
$(11(0,0.1 1
.. 6,1102,0,1(1
i(i.r02,ior.
1.1.1)00,2(15
3.200.804
2.1R.1.838
110.172.lfl8
tri3ll,fll4
B.IIUU.OSH
(1.140.r,72
i.1,ll!ll),2))5
3,3.1I),0'.I8
17,281,180 17,340,301
Nt:W VOItrC, April 22. Whllo tho
stock market trading was dcproHHcd bc
catiHo ot benr attacka coming at tho nam
tlmo with tho acute diplomatic dlatrub
ancea, the llroatl .Street Curb was liter
ally tlampeiicd liy the heavy downpour
which prevented cxtcnxlvo trading for a
good part of the day.
Hampered by black and yellow oilskin
contB tho broker In tho pouring rnln had
little chance to trannmlt iiuotatlotiH or ex
ecute orders with any degree of upecd,
nnd It wan not until after the ond of tho
first hour, when the Hood censed, that
IiiihIiichh attained lt usual volume.
Then stocks wero offered freely, and
valuea wero affected to somo extent by
tho abHcnce of representatives) of Im
portant Interests-, which are looked to
generally for tho determining of tho
market tone On the curb.
Kew of them wero on the street, tho
oxndiiH by nuloa and railway trains oa
Thursday being so general an to virtually
leave tho market without buyers, except
those who traded through the smaller
commission houses. It was natural with
the conditions prevailing that lower prices
should bo established.
Tho declines, 'however, did not compara
In extent to thnso on the .Stock Kxchango.
Tho motor stoclts were tho weakest feat
ures, Chevrolet falling from 181 to 180 nnd
Saxon dropping from 07 to CO. Jlldvnlo
Ktccl did not show an essential change
In Its market position, although It fell
from 59 to 57. anil the sumo thing could
be said of Cuba Cane .Sugar, which
dropped- from 57-7i to 55. Hut theso
recessions aro similarly a. repetition ot
vatlatloiiH which havo been recorded In
tlioso stocks for tho two daya preceding
(lood Friday.
Lynn Phonograph held exceptionally
strong, being In demand at 9,4. whllo
stocks were offered at concessions In tho
rest of tho market.
INDIIHTIHALH.
15.428.017
202,700
24. D80
4.1.027
13,007,588
137,015
82.030
43,510
Total resources ...132.101,170
LIAUII.ITIKH.
Capital paid In 15,214. 8.10
Ileservo deposits net 26,007,2.11
Government deposits.. H7.1.67H
All other liabilities.. 13.021
132,881,351
$3,214.8511
20,K75.74ll
700,1.17
017
Total liabilities ...132.1111.170 132,881,331
2a registered 1030
2s coupon 11)30 ,,,.
3s registered 1018 ,.,,,
3s coupon 11)18 ,......
4s registered 1023 , ....
4s coupon 1025 . , ,
Panama 2s registered 11)38.,
Panama 2s registered 11)38,,
Panama 8s registered 1001 . ,
Panama 3s coupon
. . . . OUT,
.... 001
ldl'-i
....1014
....111U
.... 00V4
.... ooh
....102
....103H
Hid. Ask.
JOOIi
102S
iriaa. per craw, si idhh; lemons, per
Si pineapples, per crate Porto fltco,
cranberries. Jersey, per bbl., 1JW7:
sy. per crate, $102.23; strawberries.
but,, 11SOC0I 75. onions, per 100-lb. bag-, JI
do.. Texas,
r, Mimt.i.. ka. t'
v n.iimw: Ny." 2. ;Tff6i.30i &
bags. Danish. r too. 818. do.. Plorlda.
per hamper. MS 75c. .00 . J&uU Carolina, per
crate. IfMeilO. eUry. Klorlda, par crate.
$1 7502 29. spinach. Norfolk, per bob. 76o.O
It 40. kale, Norfolk, per bbl. tfSBSOc. i wateF
crc. vet 100 bunches, 11 5092, lettuce. Klor
fdi. perbasket. JJlTl: do.. Boutb Carolina, per
basket. $2BOf60. do.. North Carolina, per
basket. $2 50 3, beans. Florida, per basket.
$3W3. peas, riorwa per paaaei. jn, pp-
Kr. IilorMa. car egrrter fi 30g. tfgplant.
orlda. per rrate. I2O2.80, tomatona, iTorldj,
per wrrCr Fancy. $2ii2.2S. cholca. $1 ZiU
I 73. aeoarajus per crate ffootb Caroltsa,
I.Mli 1 Oeorgfi, 3S01.SOi Calljarnla, i
VtS.iQ: wuitiitsiaji. sr 4.1b. buket, liei.23,
Buffalo Electric Sells Ilonds
NKW YOniC. April 22. Lee Hlgglnaon
& Co. have purchased (3,198,000 llrnt
refunding mortgage 5 per cent, gold bonds
of the Buffalo General Klectrlo Company.
The combined earnings of the Buffalo
General Klectrlo Company and the Cata
ract Power and Conduit Company for the
12 months ended February 29 last were
$3,910,399 gross and $959,674 net appllca.
ble to Interest, The latter amount Is
equal to (wo and one-half times Interest
charges for that year and one and three
quarter times more than the Interest
charges on the entire present funded debt.
The bonds are now being offered for sub
scription by the bankers at 100H and Interest.
FOREIGN EXCHANGE
N13W VOHK. April 22. Trading In for
eign exchange was quiet today, tho only
feature being a further advance In ex
change on llerlln. Hates were: Demand
sterling. 4.76,i, cnbles, 4.77; CO days, 4.73;
00 days, 4.71Vii Francs checks, 5.95i,i,
cables, 5.91; relchsmarks, checks, 76',j,
cables, 76; lire checks, C.46V4. cables,
G.46; Hwlaa checks. 5.18, cables, G.17; Vi
enna checks, 13.05; Stockholm checks,
29.90; pesetas checks, 19.60; guilders
checks, 42, cables, 42; rubjes checks,
31.65.
In the final dealings tho market nhowed
but slight changes from thu opening fig
ures, lluslness was very light. Quota
tlona: Demand sterling, 1.70' j cables,
4:76 15-16 4.77; relchsmarks, 76',! 9
76 ; franc cables, 5.94 ; chucks, 6.95.
RANK CLEARINGS
Hank clearlnsa today compared with cor
respondlnu day last two years:
11)18. 1015. 1014.
lloston ...130.765.280 132,672,326 130.123.070
I'hlla, . $17.30M.(H $a7.0N0.SH.1 I282.H77.412
New York.327,201,3on 307,537.050 310,470,623
Aetna Rxplnslves
Llsenlohr
do pref
AJiix lluhher
Amerlean-llrlllsh Mfc ...
American .Murronl
Atlnntlp tlulf V I .....
do pref
CiiiiHiiiun Par Co ......
rin pref . .-
Cuba Cuno Muiclr
Curtis Aemnliiiiu
nrltfBs-Healiury
Mtnersnn I'hoiingraph . . .
Chevrolet Motors
lfimkwll & Harkor
Inter Men-hunt Starlno .
do Pref
Knlhodlon ltrnnr.ii prof .
Muxlm Munitions
Mniihiittnn Transit
Mid villi. Hteel "'
Otis 1-Jlovntor ' ,
IVcrleiM Motors
Poole HURlno
K S Kresiro w I
Ktundurd Motors
Kulimiirlne
TrlaiiKlo I'llni
United Profit Bbnrlnc . . .
U H l.lKht mid Heat com
do pfd
White Motors
World Plln
111,1.
:ilSv
: &
. 1H
, .1J4
. 47
. Ill
. 82
. .15K
. 40
.1.17
. 12
.1st
:88
. 74
Asked.
Ill
.111
!"..
IKlH
23
70
hn
5US
48
142
13 1
183
39
76
r,l 'a-i
S '4
a
21
no
3:1 !f
KTANDAHD OIL.
RATES FOR MONEY
Call
2U M'iK
1 fllBIZ
Mmw, Vork
Philadelphia 3
fin-Inn I. 1
Cnlcago 3H it 4
om
Time.
V4 W3U
a wt
i iy.
iicasu ,7s VV1?1
PfmniA,i.fil nniwr. tnr,A to hIk innnlh, lllill.
.......-.--i-. ,--.--.. ------ ..,...-, ,,.
aaeipnta, o'tfJVl
per cent-
Reserve Ranks' Discount Rates
Day
Iiosion ......
New York...
Philadelphia..
Cleveland ...
Richmond .
Atlanta
Chlcaio
I. JU . . .
?,Unneapolls, ,
Cansas City
nanus ...... -
Han Francisco 8
Aarlcul.
Over UO.
10 or
less.
I"
I"
ttVS..
fiver 10 Over no
up to 80, up to 0.
SH
3W
4
IK
Government Inquiry for Steel
PITTSBUnaH. April ZZ. The Govern
ment Is making Inquiry In the Pittsburgh
district as to the amount of steel that
can ba delivered to the Government by
July 1, and also by the end of the year.
Manufacturers here take It to mean a.
step In the campaign of preparedness. In
tune of war the flovernment can take over
any or all plants.
BAR SILYER
la New. Tortc rommerclal bay stiver u
UMtd ts4y 3t Uh tests, ucchicn-L
-r
lloston
New York.,,
Philadelphia.,
Cleveland ...
Illchmond ..,
Atlanta ,,,,.
Chicago ,...,,
Ht. Louis..,,
Minneapolis,,
Kansas City.
lianas ...... . .
Ban Francisco in
ave
teat.
4
n
I
6
5
ft
ft
3
a
Up t ho,
IS
epts
do t
Trade acceptances,
SVi
3tt
4
3
n
8'i
aw
Over 60
up to 00,
1
4
4
h
i.om-
uit
3
3
3
3
3
414
R'i
Illinois
Ohio
Prnlrle Plpa
H O Cal ,
B O N J ,
H O N Y
OTIIllIt OIL STOCKS.
Cnsden Oil
Chalmers Oil ,r.
Inter Petroleum .,
Houston Oil v,
Midwest Itef ....!.
Hapulpa Itef
MININO BTOCKS
Atlanta .,.,
llutto Copper
nutto New York I;;:;.";
Cerro do Pasco
Klrst National
(loldlleld Merger ,......!
Ilecla Mliilnu ....,.."
Howe Hound ,
Jim Hotter .,.". I!"
Jumbo tlxtenslon
Ken necot t Coper , , . .
McKlnley-Diirrus h ,,,,
Mairma Coiitier
Mines Co of America
Nlpls.ilng ,....
Han Toy '...,.
Ht Joseph Lead
Vtst Und Con
.170
'.20(1
.23,1
.411.1
.100
,20
ft
1(1',.
14
111
low
:p
an
12
S3
03
7(1
HI
48
13
78
nONDS,
Cerro . .
Mldvalo
.116
. 07
IH
.-:i
11(2
3
3U
15-18
3
fi
40
173
20!)
2.1U
BOO
201
20H
in
UK
1
B7
5
18
51),
lo54
,1
lift
7H
LIVE STOCK QUOTATIONS
b.,,B,;0h5utu;.55,.-;B!u:-u:Mi
CHICAGO. APrll L2, HOGS Here Inf.
D0OO. Jlarket fitfPlOc. hlchrr. MIxmI Snll
rouvn nuavy
Ilasasl. K ! a U 1 UU
Beeves. 17.604MO: cows and heifer", 13 oi
0.15; stockera and feeders, Ifl.UOWsTBO: Tsx
aus. I7.BO0I); calves, IH.0(510. v'-ov'
BIIUKI' llecelpts. 2000. Market .steady
Native and Western. 1(1.1500; Iambi, W.zSB
EMPLOYERS OF LABOR
Lonr experience und careful study
of the present law enable nis to
effer ou efflrlent HKKVICL in
Compensation Insurance, as re-.
qulrrd by Ibe new statutes. My
ken lira are ut tour hKltVICK. No
lliurie for advice. Consult wltb
HARRIS J. LATTA
Pennsylvania II Ida,
Up to 80 days! over 30 to BO. i. per cent.;
er 60 to 00. (1 Ptr cent., and over V0. tl per
Cotton Statistics N
The statlstlcsl position of cotton Is as fol-
' This week Last wek Lsst year
TsulpplyVl!l.b" 8,8SL888 6.393.881 y,880,001
'lc,aS";r"s.e5.88 8,129.81 i.BTl.001
TAprllDSl1.h.t'l0.tsai,479 lO.TJLltt 1J.62S.183
NEW YORK BUTTER AND EGGS
NEW. YOBK. April 22. BUTTKHFIrm
but early shortae Is belpir relieved by lite
iFrlvals. ltelpts, BUS' packages fc,tra.
4il"y. iSc.'i Imitation. SOVrffOftc. "
mtiO ifUabtly belter with, Tirol Wi
Stat
'estern
$100-6-Bonds
Charles J. Bender & Co,
INVESTMENT BONDS
Members Philadelphia Block Kjchanee
NORTH AMERICAN BLDG.
IHUECTOKY Of ACCOUNTANTS
Certified I'ubllc Acrouatanls
LAW11BNCB K. HHOWN CO.
1S15 KEAL KSTATU THUaf liUILOUJO.
UIVIDKNDS
Uli; U1UAUI) NATIONAL U.INK
. l'nlladelehla. April is. luie.
ine uireciors oava tola aay docurad
o ux
t4y2!s...ali. t'Jjt?ft,".r.VJ!i
tJS. iBlwd, Mil If Ma.! sterwu-packai M
of elali
pm&M' i:
".'"???..,'f
Wil B
dividend
pavabU
'Sa&l3
Ut per teut. (8
iu, 10 BLocajtu
buslorsa April
CI
11)10. to stockholders of recoil
L ASHTON,
b ma'led.
f me .
H, 1914.
CiilAv
r
it