" u EVENING $DG13K PHILADELPHIA, TUEkSDAY, MAY 9, 191G. r ' " i 'a Sr S2? S- I t. 3 ft. - , p FINANCIAL NEWS PEACE RUMORS INDUCE HEAVY SELLING OF MUNITIONS STOCKS J,.Gains in Railroads Make Up War Issue ' Losses Divi ! de'nd on Wabash "A" Preferred in July and Resumption on Chesapeake and Ohio New York Stock Sales Alaska Oold Mines. AllU-Chalmfr Mfg Allls-Chal Mfe pf ., Am Ag Chemical Am As Chem pf .. Am licet Suran .. Aril Beet Siis-Jr bf. . l Am tan. .....or,. i Am Car A Fdy .j ! Am Coal rrodneu ' Am Cotton Oil . . Am. I'jprjj Last close, tilth. Lew. 2IK 27!. .. 78H . mu .. 97M .. 70 .. W,i .. t6H ,. 01 lor art .u, sou 27 78Jf COU 1W. 70!f 01V iO'l win SOH 204 78H C0' DS1( XMJi 61 CO Clone. 20H 20X 78) fiO 08H 70 Oltf SO'I I-V5U 164jri?-f Al'-S 53 o3!f High Points in Today's Financial News tCall issued to common and preferred stockholders of American Inter national Corporation for payment of SO per cent. Dividend of $15 per share in liquidation declared by United States Express Company. Maxwell Motor directors took no action on inauguration of dividends on second preferred stock, but declared regular I .1-', per cent, on first pre ferred. Price of bar silver lower in New York and London. Earnings of Keystone Telephone Company good in April. Income of Tonopah Belmont smaller during, last year. Am Hltlc A Lathef.,. o'i Am um a i pr sijj ; Am Ice SefurlllM. ..,., an Am r.inftvii pf, j I Am Locomotive GO'f I Am. Matt Corpn , hU i Am 5melt A Itef. . ... rots Am Fmslt A He or,..li.Uf li.tlf list lta'f AM MTIMlpr A ....'. Ot 01)1 01 04. Am &uwt neflnln....ilo! 110. IlOJf 110!f is; OH ol)( 2!)!( mi 8! 08M 127 OH RV( 2!).' 4!) os!f 8Ji 07 127 OH tH 20U 40 .S'i 07 PARIS BOURSE UNMOVED BY KAISER'S NOTE Latest French Successes at Verdun Give Stock Prices New Firmness Sales in Philadelphia s.. 7'i CHECK SYSTEM PRAISED NEW YOllK, May 9. With stories of peaco efforts In Europe and Increased hostilities on tho Mex ican bonier, tho stock market today naturally showed nn uncertain tone, with 'tho larger Interests hesitating about taking a pronounced position on either tho long or tho short side, nnd a now disposition was created to wait for further developments. , Above all, however, tho nowspapcr statements telling of efforts to bring about peaco had tho most Influence on trading. These reports Induced selling of taunltlon stocks In large volume and caused substantial losxes In many of those. Issues, but whero theso stocks were sold railroad stocks wero bought, and the tlecllncs In tho war-ordor shares wero moro than offsot by tho higher rango stabllah,cd In tho railroad list. Tho strength In theso Issues was regarded with favor by banking Interests, as Important financial circles havo for a long tlmo used every effort to repress tho violent movements In tho war-order specialties. Just now these war-order Btocks seem to havo passed out of the speculative field and to bo Ignored by thoso ;who wero bo enthusiastic about trading In them a little less than a year ngo. Thcro aro many reasons to bo. found for bullish enthusiasm In the railroad tahares. A dividend of 2 per cent. Is promised on Wabash "A" preferred by eomo of tho directors In July, nnd thcro Is a confident belief that at a July meet Ins tho dividend rato on Baltimore and Ohio will bo Increased. Tho outlook for restoration of Chesapeake and Ohio to tho d.vldend list Is also good, and tho hordo of believers In Erlo aro posltlvo that a dividend on Erie preferred will soon bo declared. Mexican Petroleum was naturally unsettled by tho military activities called lor on tho border, and Marino Issues wore lower In responso to tho sinking of tho Cjcmrlo, although after a short decllno the preferred stock had a vigorous ndvance. No Action on Starting Dividends on Maxwell Second Preferred NEW YORK, May 9. Tho Maxwell Motor Company declared a regular juuriuriy uiviaonu 01 i-j4 per cent, on mo urst preferred stock, payablo July 1 to stock of record Juno 9. No action was taken on Inauguration of dividends on econd preferred stock. Am Tel A Tel Am Tobaccd . ..., Am Toti pf Mir. . . Am woolen. , Am Wrltlne V pf Am Zinc 1 A m . Anaconda Cop M.. AtchTop ASK,, llald Loco Wk . . Halt A Ohio . . .. nalt A Ohio nf .. IMhlehem Steel 4(51 Brooklyn Hap Tr 85J IIwhii Shoe C8 Hulte A' Miperlor . . 03 Cal I'ctroleum . . . 2.1)f 128' i 128'f 12S .203 208 203M lOOU 10(1 100 . 44U 41 41 . 10)( 10W MM 02 02ix noli 85! 8.-.H 8I! 12S 208 100 44 U)H no3t 84K 103! 103'f 10.3H IQVi 88 mu 7H U. S. Express Declares S15 Dividend in Liquidation . NEW YOIUC. May 9. Tho directors of tho United States Express Company 'have declared a dividend In liquidation of $16 per share, payable May 31 to hold ers of record May 19. This makes 40 per cent. In liquidation so far. WHEAT IS STRONGER ON BAD CROP NEWS Prices Advance When South west Reports Damage by In sects and Lack of Rain CHAIN IJEI.T WEATIim rOHECAST. CHICAGO. May 0 Tlie iirntlirr fore cnt for an liotini follow! v Illinois Fnlr nnd nnrmrr tonlsht: Wed nesday undented, probably nhonen and warmer nnrtlieattt. Jllinourl Unsettled with Khonrrrn to nixtit or Wednesday! somewhat warmer tonichtt cooler Wednesday .northwest. Isronstn Partly rlouuy nnd warmer tonlshtl Wednesday, Hhowers. Minnesota Nhowers tonliht and Wednes , oart warmer tonlfht, west and south! cooler Wednesday. Iowa Minwers (onlcht and Wednes day! warmer tonight! cooler Wednesday, west nnd central. Nor .'i Dakota Showers tonltht nnd Wercsday! cooler Wednesday, west and central tonlrht. .-ioulh Ilakota "-howers tonltht and Wednesday! rooler Weilnesday In west. Nebraska hhowers tonlsht or Wednes day, warmer eitrcme east and cooler northwest tonlrht: rooler Wednesday. Kansns lalr tonlirht, warmer east! Weilnesday. unsettled with probably ahowera north! cooler north and west. CHICAGO, May 9. Good local buying strengthened the wheat market today after It had displayed weakness on free and rather general selling, following firm ness at the start. Tho market was helped by unfavorable crop news from tho South west, which sent In complalnts.pf damago from Insects and lack of rain, and by un expected firmness in the market at Liver pool, where there was a better general di xnand. notwithstanding continued liberal arlvals. Sold-out bulls reinstated lines. Prices for the cash article In the Northwest showed stability and there was evidence of a good Inquiry for Manitoba for ex port. Sales ot 800,000 bushels were made by Americans to the Dutch Government. Considerable interest was shown In the news'' from the Mexican border, which checked outside trade. The Government crop report, made pub llo at the close yesterday, waa considered a standoff. "When compared with pre vious years, however, the showing was bullish, the Indicated yield being the smallest since 1912, The weather In the Northwest was favorable and the receipts continued free. Clearances from tho Beabo'ard were large. , The International Institute of Agricul ture at Rome estimates the area of wheat In Canada to- be 14.9 per cent, smaller than that of last year. The contract stock hers Is 2,407,000 bushels, an In crease of 326,000 bushels for the week, and compares with 1,534,000 bushels a year ago. May, after having been as high ob !l,15tt and as low as ;i,13H, ended at 31.13), or He. above yesterday's close; July, after advancing to $1.16 and de clining to 1.13H, ended at $1.16, or He higher than yesterday's last price; Sep tember, after selling up to $1.16 i and re ceding to $1.14H. closed at $1.15H. or Ho. above yesterday's last price. New York Bond Sales $2000 Amer Ar ov B... luuou Amer Agr dib Da.. HKrti Amor Cot Oil 5a... 17000 Anglo-Krench Ba . . noun Amer Illdo ft I, 0b. 40()i) Areontlne Bs aOOU Amer Nmlt Sinn it SHOOK Amer Tel clt 4.... lIL'li 10000 Amer Tel cvt 4V4 107N ID.,00 Atchlaon Ren 4a.... tin Boo Atchison adj 4s 5 lfiuoi) Atchison cv 4s 10.13. 10.1H Wioo Atchison cv 4a luUD.ro.IH fooo unit & Ohio :14b.. iiL'fi Boo Halt & Ohio 4s in M0(l Unit & Ohio rv 4U nil 1?!!0.!! !!' . Ohio .is ioiih looi! iob(I .'.!!" !ie!n.?tec! 1st o...ini Kit'i mil: ,5"iAii-- !!Hb l!Wb )W f-r. Low 07H 1)7 ( 113 103J4 01 4 101)4 01' 1U7J 3S S ' N.I 1(13 1 Close lOUi 7U 0.1 10JH Ulj, Km 4 -. KI7S o.l Js N.I Canadian Paclfle Caso J I Th M pf . . . R7 Central Leather C.Tf Chandler Motor .... 02 t'liei A Ohio 02 Chile Coppir 21H C'hlno Copper JVt Chicago at West 12'f ciucaeo t west pf . . 3' I'M .Mil A st mill. Chi M A St P pf. ... COCA St 1. .... C C O A St 1, pf Chi A Northwestern. Chi It I A I'ac .... Clnett Pea A Co.... Col J-'uel A Iron. Col A South lt pf . Continental Can Consolidated Gas. . Corn Product Itef . . Corn Prod Itef pf. . . . Crudhlo Steel Cniclulo Steel pf .... Deere A Co pf Delaware & Hudson . Denver A Itlo Or . . . Den A Itlo Or pf ... Detroit Lllon. . .. Detroit United Itys.. Dlitillec Corpn Dome Alines Krlc Uric 1st pf 52 Fed Mln A Sm 151 Gen Chemical pf HO General Klectrlc 100 Goodrich II F 70)i 87K 84Ji !H 87 Mii BGU 7oH 755 755. 44ft 445 44ft 855 8.V, 8ft, fiO 6S'( S8 02J, H 01)S 23J, 2:)i 23JI 107H 108H 107i 108!i 88 63! 01i 02!4 21 ft3! 13i 38 Do'f . 01H 120 120 . 40H 42 . 70!f 127JI . 185. . OS . 42'f . 40 ' - 85!f .131 . 10 - 03', 8U, 3'f 128 22H 72 42 .VI 80 134 10 01). 82 111! 114 02W 02l 88 A31 OlH 02 21 S3 12'. 37 01M 120 42 73 127 18f 70 41W ftO STM 131 10 01 7b)i 111 02 88 mi ma 02.'f 21 53 13 37Jf 0ft) 120 42 1 73' 128 21U 72 414 .10 83' i 131 10 0IW 70)4 114 02 1501. 15IH 151H 151H 12 22 .132 .107 . 50JS . 27H 30 Goodrich II K pf 114!f 115 W'i 1034 04j4 103J4 111 ."? 1)1 0.1 '4 "(HIM llrlr Tin n-. 1!!!!2 !"!' "f Tr iis'. 1111). 100. Kill'. saooi) 11)110 do 111.11 do 10J1 3000 Cent Leather Iit'Ss! Sin!! .. ni .Vao '" " N0U HI) 71:::; .a,,t 'n cons iia. . . . m'S oiis imU nutZ 10-'. 101 ran, r.u Vermont 4. . unio j it 1000 c'ont I'lllKI Ches ninni uni -uuo uni L-iiuo i; 30ftll lo -m BOOi) ,0 rj, 4iB 3IMMI Chlneso Itwss .ii I""" :umborland Tel Cs . Nil '4 . loots n.i 0l)?i loots H.l no1. iiuS llll' nu;; loot, H3 00?i Kelly Sprlne Tiro . kennccott Copper. , Lack Stce.l Co Lehlsh Valley L Lee Hubbcr Tire. . . f'Loub A Nash. ... Maxwell Motors .. Max Motors 1st pf Max Motors 2d pf May Dcpt Stores. . Mexican Petroleum... cm aT wi'i? 3?.: ?',' "'J irVi? i?,nt i" . ) ': )t .. D3 !I3J .. 7.114 7B"J . . 00J 00i 1(I0 UHJJ .MTlioat Julv bepteraoer. d Open, High. Lov. , Yet'day etoie. C1O40, - i fifiv t-.aw ..-rs. i"i-rj. ii i'ia !'? l-l7 7 .... I.j6i( l.i hC .14 l.iiiH lias ber. l.lSU 1.1HU I.l-iC ti i!4: ti inf? - . . jri.- .-. .T - -r--'w .--'- .-. ilay ..... 75k 73i July 7SU 751, September. 74U 74U 43(1 i i.i May . ... July .... September. May 13.02 July 13.03 8ptmbr.l3.12 lUbS r May 12.T5 July .,...I2.B2 Septamber U'.OO rork May 24.00 July ...,.23.80 isptember 1'3.35 Bid. tAakad. 47H 13.02 13.03 13.12 1S.TS 18. 82 12.00 24.00 23 80 23 S3 HVl t75'i 734 74 7tK 7lS 73 'im 73? 47 47U itVk 43., t43 '43. 30H 3U's t3'JK Nominal 12 00 "12.03 J13.02 12.8.1 712.0? '13.02 12.V3 U3.03 13.10 112.7.1 tll'.77 12.8T 24.00 23.81) 23.47 12.63 12.72 12.117 12.72 12.83 12.73 23 00 23 HO 3.30 23.S0 23.85 3.30 Local Men in Big Oil Company 1 WILMINGTON. May 3. A charter was applied for today by the Huntingdon Development & Gas Company to drill, produce oils and other fluids and to pipe the same to market. The capital ot the company is $5,500,000. The 'Incorporators are V. it Hankell. Philadelphia, and George 11. B. Martin. P. C. Seymour, J. Vernon Timm, John A- Macpeak, of Cam den. N. J. y, e 'v ' ' . Authorize Sale of Automatic 'Phone SPRINGFIBI.D.I1L, May 9.f-The State Public Utilities Commission baa author ized the eale of th. Automatic Telephone Compapy, of Decatlir. to the American Telephone and Telegraph Company for J327.IQ0. - Ko Increase Ih Spelteir Demand JfEW- YOKK- May 9 Thjere has bn so MtOrtAM In tho demand or speJUr and gqr hasd-to-mout buying U riatfd In quM. Itg" ifc wis now sj,n ri'i to Bjricfls, aro jwf. Bfm; lM'wtMfaiMy &. h ttnussa Mtaw Uat m. Lsmme. M JMMM 7IHH) n.i a ir,t,i ., -,,tA .y.r.i . 3n00 Dla Secur Corn B 7 -it "4i 7SM .PMS I,NO3alU0.. lOoi. 11,3 J! ....... .it .em 11,., km kfi t:;1: !mer t ret 5... us'? TWO, Inter iler Star II i ii.i.t T",'""..!i '71 0(TA :"? Japan new UHJHn iiu nc,v iia, K 71H4 81 ii oooo !SK v- S " 83i s not t?0Q Ijicka Steel Ss 1U5() ? i888fcB?lff,MGyT,:,B'--ls,P 101)0,1 ffln. ?.i -" J-1.1 i.n.. ".--. wa i,i .n ' 120 'A. 81) 1)8 i 101 84 i 70 'i 81 "J Hot, irj s. 4000 7ono M'in7- sVlVm'o.: '.vi41 7000 lo Kan A T 1st 4a 74, i 10OO Jio Pac 4s Jt . ..:: Jotf , o I'ao ia J," M' io Pao cv ct sta . . ai'i ;KV! J'ont l'ower 3 natl .1000 Nat Tubs 6s ini M!S8S$T,V8Jk.ff'ii-Ba 71) u 84 HOT. us lot H li'dS 101 12H no 74 40 88. till 101 102 114 1)4 MO'i Illl'I v v rut ji'. :,., ..a .:.:: t '.?... 1000 n r city 43 i iSSs.i S Sl "iiiiii rr v r ji' u .:...; t ".t TCiT it Mvti it" r .Vi ,Uf UH lo i""i i i a ii & ii iia ii4 1000 N Y Hiy ?ef 4a . 78 BUOU X' Y ItwJ. i.l, Ji i.r, S" ?; J ten 4J4 a.. U8 !,s 5.4? 0 Nor I'ao gen 3a . . BiiVi ,i,i .-ii,,,, ,-vor I'ao red 4a .... D2U -u Kiwi,, in,Hn t, - rj !r2 : A..A ;,""." .::".' ": '"" 2,i,)0( do i 3()i)0 Public i?ZV '.' "eidlns gen 4a ... u.1?4 03. 41)1)0 N Y I! i. s,V. uoodo iv Y c & H H.. lilt! Bl(ll)i M v r i. if...;" ilI-'il" 0;i JJ Y City at, a lT,84 HUjs 18? ,ilSH 74 3sH OUT. 0 101 lni'U 75 mil 114 ,111 1(10 1n-,li 1054 Grecnc-Cananea fil Great Northern pf....l20 Gt N ch for ore prop 41Ji Gulf States Steel...... 7-1 Gulf States 3' Ut pf... 01 Int Acrlcultural pf 0M Int Harv N J 112 Int Con Corpn pf .... 74!j Int Paper pf 47H Insp Con Cop 45! Int Nickel v t cfs 40J Int M M c of dp 24) f Int M M pf c of dp... SO). Jeei Tea 87 Kan City Southern.... 20 12!.' 12 12' 22?i 22)5 22'i 132' 132 132 112)3 112H 1121$ 51 ftOW SOU 27!f 27 27)1 3GU 30 3Gi 51'f 52)1 17J, 17H 110 110 105'4 100 70)i Mi 114)i lift OH COX 62) 17). 110 KJO), 77!f CO'f 120'f 120 41H 40!. 2'f ftO 70 78Jf 40), AH 01 ftO). Ill 74 47 45X 40)4 25). 88M 8S)i 20'i 73)f 5G'f COIf 70K 40 4 00f 50) 111 74 I0)i 45 48)5 24 8 l!f 87 20 72)4 65)f CO 78H 40 120 40X 74) 01 50M 111 74 46H 45 48M 25 87M 8S 20)f 721J 55!f GO 70)f 40 -.128M 127)f 127)1 127)f 84 . 80)5 50). 53)1 108 Minn St PASS M..110 Minn & St L pf. Miami Copper Mo Kan A Texas Mo Kan A Toi pf... Missouri Pacific Mo Pac tr cfs Nat Cloak A Suit.... Nat Enam A S Co... Nat Enam AS pf.,.. Nat Lead Co her Con Cop 19 301 3)5 10 41 4J1 72 23)1 03J1 CG1 17J1 85)1 82)1 82H 80 85)5 80 50)1 57)1 57.' 67J1 55)1 57). 107)1 105)1 105)1 110)1 110)1 110)1 IW. 18)1 1SW 30H 3'1 10)5 By YVES GUYOT Kx-.MInletef ht Tubllc Works. Editor IAgence Kconomlque et Flnanclcre. Bpcclnl Cnbte lo Bvcnlna LtdO't PAHIH, May 3, Tho Knlner's response to the American note hns not Influenced . the Bourse, which, thourth Irrertulnr, .showed n better tendency during the en- 1 tiro week. Todny the succcssen of our i troops nealnst yentorday's great Verdun , nttnclt gaio prices n now firmness. Means of replacing:, the enormous 1 nmount of hank paper wns the Important subject Introduced to Ihc Political I'con- omy Society by Charles Illcot, director of Industrial and Commercial Credit, who 1 showed the renson why the usage of I checks has not developed In Franco ns It has In Kngland, nnd states that It Is duo to the lack of n clearing houso for the exchange bank paper. In normal times Bold Is clumsy compared to checks. At. Ijcsclmmps, chief of economic studies for the Dank of France, explained thnt the Increase of paper In Franco Is only 163 per cent., while It It much greater In Germany, Hiinsla. and even England. to the surprise of thoso who attributed the rise In exchange to the nmount of our paper. As president of the meeting I said I did not consider that the paper had In fluenced tho exchange rnte. Thero Is nn other nnd simpler cause. We buy heavily In the United States and in Knglnml. and. hoarding our gold, pay In paper, little of which la returned, because wo have lit tle merchandise to export. Hank of Franco paper Is of 'no Importance to foreigners They want the means of ptiyment which suits them, nnd of which our supply Is small. What we must fear fa nn Increase of bank notes after tho war. The Govern ment's first duty will be to reimburse tho Hank of Franco for Its advances, allowing It to re-establish gold circulation. It will bo tho bank's business to replace ns quick ly ns posslblo superannuated currency and paper payments by chcoks nnd clear ing houso methods. 8 Am riwis . io Am Loco ... . lSf inn II).. 1 j.. nf,l t till SO Hilt Ohio. , 8(1)4 100 Crucible Steel 7i 107,1 t'hlc Jl Island 2J., 7.1 Rleo Btornre M)'4 300 Kris .... .... 39 20 lien asp pra. . 71 210 Key Tel 370 I.k Run 7M Ihl.n lfto lhlgh Vol .. to 200 l.eh Vol Tr.. 22 3 no pin , . 3 l.lttl sens kl. M ,1 Mlnehlll .... n7. 30.1 North Cen 88'4 171 Pa null ... . s'J 24 Pa Silt.MfK Inn; BTa Steel. .. . 0S4 1,h, i-itta ,-oai 4 Phlla f'n . loo rio enm pfd ltT i-nun t.iec 10 V It T tr ctfn. to im:is -i r.to in., iienning Net Hlh. 4w. Clote. chRj. :,0. a.,.. . v 8W ip pfd.. 7 . tl Co , 14 corn. 10H Nav. 74H .Vnl .. 70(i Tr.. 22 Inn 81V4 71) 10 r.n 3(1"4 71 14 IS -.l 1,1 4011 'I'onnnnh ItMm ,.. hid Tononnh aim . ,) 2.10 I.'nlon Trnc. . l.'tjli 134 t'nlt Ons Imp 87 S 1 Nn Cos N J... 22.11 241.1 It 8 Rfeet .. 81 no w cramp Hon k:i,'4 111 SO Senbonpl ,1 t, 1 I'lio.'n ii 40 York Ilwy lM as 71) 2M 8S 4-BH no ... , ,. 80S H 4 i.v 1 1 m 1 J? -fa Ik t& i inn loo.. H l,Rt4 ns'4 .... ,y -)H 4. m :::,: i". i'-. if !( !22.1il 4"! 4ll'i KEYSTONE TELEPHONE EARNINGS- CONTINUE TO SHOW INGRES Gross and Net Expand During April SurplusW Months Totals $128,004 Tonopah Belmont FalK Due to smaller income tor rear '" ,) , i chango today was Tn,..i. - . Z. It was fractionally Weaker i -IS smaller ncome for the veie .J?HWfi ary x, 18I6. The net Inenm i " I after all deductions, wr?t.7s,M Pared with M.llltaM'lJjWig year. The net Income wk ,! M per cent, earned on iflfl", stock, nanlns) o? ..". .'".Mjlitji percent. In 1914. ffi 3 noxDs nigh. 100,1 Am r) ft B fs o.i :tiiin) Am Itnys ... 0'i' .n)(i i;i : I'e Tr Is 71) K.Mii il. n Vs dfh lis I))i4 Son,) KeyiTcl 1st r,s in '4 L'wui) i,e a, gen 4S i, Earnlnirq of the Keystone Telephone Company continue favorable. Tho state ment for April, -Issued today, showed an Increase In gross of $7660, bringing that Item Up to $121,326, as compared with tho same month of the previous year. Operat ing expenses nnd taxes Increased $3285, to R8,304, leaving n net pf $61,932, on Inrrenss of J437S. The surplus for the month was $34,470; Increnre, $.1417. Tho gros earnings for tho first four inniha nf ), nmnnnv'n fiscal vear were I. $474, 166, Increase $20,347: net, $237,816, Incrensc $15,889. The surplus for the ! period was $128,004, Increase $311,385. 4-Nelther the compnny's common1 nor pre- : fcrred stock sold during tho morning ses- hill u t alrt In thf, nffarnnntl thA f-nmmnn sold i The most active Mock on the local ex- rmn unci Low. Close ut O'l's 70 iini Ill's iil' tor inoS ". 1000 do mm m, in IMiiio I, V Drei rets 4Vs ., lfinv, .101) Nnt Pr rn J.ns 70 1111)0 I'-l Co en 414-Ill14 111.1'i 1(100 1'nANVCnn os.110 11" liiiiii I'WAIl t c 4s mi !n'4 inn I'hlln nice 4s. K2Vi H24 '.'nun no ns .... ini linon Iteadlnc r.n 4s O.Tl 2000 HI O & Kl (Is lol ' Klilil Welsbh Co r,s nsl 4000 York lly 1st ns v;,H, mi 031 11)1'. tmu n.i It 1 O'l' Tn. iioij 0S4 02 107 0'l 7". loss 110 nn 4 KStt ini nsS liii't. 0',H .". Net chg. IS 4-1 4 -ii Local Bid and Asked t AMERICAN. INTERNATIONAL ASSESSES STOCKHOLDERS Ilnldwln . . do pref Hurt A Hub on prcr Drill .1 O i:i,.o Slor tlcn Asp ilo nrrf I Kojistono Tel . . . l do t r I do pfd I Lake Hun Corp. l,rlilKtl .miv .... l,ehtKh Vnl Ij.'IiIkIi Vnl Tr.. do pfd Pcnna I'hlla nu-o ..... I'hlln Co do . p c pr . . do 0 p c pr I'hlla It T t c .. HendlnR Tonopah Pel Tonopah Mln Union Traction . . United Gin Imp .. t' S Steel York Ilwy do pfd IVm Cramp t c . . Call Is Issued for 30 Per Cent. rine Purchases Ono Cause -Mn- New York Air Brake. .135 3G)1 4)1 10)1 0 5J1 71)5 23)5 01 GO 17)1 3G)i 3H 101 5!! 5)1 71)1 23)5 01 05)1 17J1 4 mi m Patl 73 U2?4 0 Tol 3a OUS DliC 1 4 1048 U8 9J iren ct 4Ma ..JiiljJ Jiu J Serv N J Bs. 01U oii ,n.en4a . . . u.lS 3S If 8 Sa OSW null i: 10 ji 112 'J 01) J IMlU 11)11 OPI H3' o'i 7J 30 7.1 BUI 'J lun ni'. loiv, oo 7iHs ioi lost. HUH lll'U on 1)2 K 3.1 H 0Si lot NEW YORK COFFEE MARKET NKW YORK. Slay 9 The coffee mar ket waa steady this morning and first prices were I to 1 points above last night's finals. Trading, however, was quiet, and on t.ie call transactions amounted to only 1000 bags. Trading was moderately active after the opening and prices held steady on bUy Ing by local commission house on the absence of pressure from Brazil and the advance of J-32d In Itlo exchange on Lon don. Ilecelpta continue small, and Europe Is believed to be buying fair quantities In Brazil, an(i this Is probably one of the principal reasons, for tho strength in the Brazilian markets. 1300(1 UeD Ir & 8 Sa JNluuo Itock Island rrd 4a. . 74S 123000 Itock Island 3a nOU TOOO 8tI.SK rfd et sta U 7.1 2000 Seaboard A I. rfd 4a h 5000 South liall 3j .. ..?.Km2 7301)1) Knnfh nn v la uu 3.10,10 do cv S 104 13000 South Pac rfd 4a.. 80 4000 Kouth Hwy em 4a .. 7n 2000 do con 5a 101 i. 14000 Third Ave ref 4... s2 40000 U H Steel at 3.Ml0.1; BOO do reg- 5a I0.1H 0000 U H 8 It and JI tla.1124 40OO Union I'ac lit h . T 3000 Union I'ac vc 4s ... 1124 100O Un Itwya S r Ba .. SH, !W J.Car Cnm 1" Ba..0aE 1M0 JVabash 1st 5a . . . ,1(H 200O West Shore reit 4j. . 8iH flu 7.1 OHU ion; H7i (; 00 711 i 1UI 02 101 Ul.H. 112 Oil 02 fc 31t4 0S 101 8 May sar-.-.: Auauat. . . Septwnbr nSJSsUt T JU..-L. Today's ppnlnr. 8.43 Yeaterday's 8. 3-1 Uil3 31 S.3K08 40 8.138.4.1 i SJg 8. M tT.lllSaCl SSlKlsA l.l,.. f.K fi.7TJ5s.7lS r .., 8JT98.38 Mr 8.7398.70 -utu. 4uiat ai, ivw oass. BANK CLEARINGS Bnfc clearinsa today compared with cor reapundinj ilay List two xars' 1014. 137.849,373- 5 a, lu i.iio 11.2dl5,til April Fir Losses Smaller Ftre Iom la the Ue4td Stales and Citttsula duMinr April 4TsTr4atd 12J!$1, M. oooir(J with HS.U.J. . w 4u wa j.,wsi in JKrcfl ot tqM N Y N II & II x y o 4 ii it N Y 0 & West .... Norfolk & Western. Northern Pacific Ontario Silver Mln. Pacific Mall l'cnnsjlvanla It H. . Philadelphia Co .... ritts Coal Co N J. Pitts Coal N J pf .1 ritts C C & bt L . Pressed S Car Co.. Pub S Corp N J .. Pullman Co Quicksilver Quicksilver pf , Hy Steel Sp Co Itay Co'n Copper Readme Republic Iron & S. St louli & S F St Louis Southwest St h Southwest pf . Seaboard Air Lint,.. Sears Iioo & Co Shat Ariz Cop Sloss-Shof S ii .... South Porto II Sus. Southern Pacific Southern lly Southern fly pf Standard Mflllnz Standard Milling pf Studebaker Co . . Studebaker Co pf Tenn Copper Texas Co Texas Pacifle Union Ban & Paper. . . Union Ilag & P pf . . United Cigar Stores. Union Pacific Union Pacific pf U S Ind Alcohol. . USInd AIco pf .... United Fruit United Itys Inr Co Un Itys Inr Co pf U S Itubber . . . U S Rubber Ut pf. . U S Steel Corpn, . . U S Steel Corpn pf . U S Sm R & M U S Sm It A M pf . Utah Copper ,,..., Utah Securities Wabash.,.. ... ..... Wabash pf A'. ,,,.. Wabash pf II West E & M . . .. Western Maryland. . West Union Tel . Wheel A L.K 1st pf. WUlfi Overland Willys Oy pf r f p Wisconsin Central... WooNorln F W., . WooUortu F W pf . 5 71 23M 01 05'1 173 134)5 133H 133)5 GO 50)1 50 1 105)1 100)1 105i 105)1 . 27 27H 27 27 .123)1 124)1 I23'l 121U .112 112)1 112)1 112)1 MM 10i 10!. 24)5 21)5 24M 00) i 5011 50)1 41)5 4111 41J1 2815 27)5 27)5 103M 103)5 103H 80 80 SO 46)5 40)5 40H Vitii I2S 12711 128 1G0)5 100)5 1G0 1G0 3!5 315 311 60W 10)1 25K 5011 411 27)5 101 80 40)1 4)1 . "4211 . 22)1 . 8S)1 . 17)5 - 3 . 1G . 43 . 10 .180 . 33 . 54 217 07)1 . 2111 GUI 4)1 42'i 23 90 47 3 17 40 in 182 33 54'i 225 OS)! 22 02 4K 42)1 88)1 4G)j 3 17 40 10 170 32)1 54)1 3K 4)1 42)1 22)1 88) 5 46)5 3 17 40 10 ISO 32)1 541 NKW YORK, May 9. The American International Corporation has mado a call this, morning for a payment of 30 per cent, from common nnd preferred stock holders of record Slay 10. Tho payments aro to bo mado In three Instalments of 10 per cent, each, on Juno 0, July 10 nnd August 10. Stockholders aro given the privilege of making nil three payments on or before June 9, In which caso they will receive nn Interest adjustment nt tho rato of 4 per cent., which Is equal to approximately 10 cents a share. Tho call of 30 per cent, was not nn un expected development, especially ns It has been generally known for a week that the company has purchased substantial blocks of stock of both tho International Mercan tile Marino and "United Fruit Companies. Obviously to finance these purchases the company required additional amounts. The call now mado will furnlBh 31CO0O, 000, making tho total amount outstand ing 25,000,000, 20 per cent, previously having been called and paid. This company has a total capitalization of $50,000,000, of which $49,000,000 Is In common stock and $1,000,000 of man agers' shares. Today yesterday Hid. Asked. Hid Asked. S.V 81 UN SHV4 IIISS 1011 ... .- ,111 .12 .12 r3 r.11 1111 ii no no no nsji. rift .1.1 . 31 334 3IH 71 71 U "II.. 71 144 14 j, 13'4 14 14s 14', 13'4 14 (IN (I!) I17H IINV4 ll'f, HI 10 10'i 74'i 74. 74i 7.1 38 MJJ 32 2Slf Is). n.U rlif1 no'i 27). 27 U 27 H 27 f. 4(1", 41 Vj 401 11(4 ,17'4 40 311 4(1 424 43 ll"4 4:54 17. IS IN IS. 8S. bN". NN. hi) A$. 4J, .11-0 3V4 ii; o'l n 7 41(J 43S 4314 43 N7(i 874 N7'I R7J. H.I ft 3i N.ljl, 83j. 1314 l.'lf. 13. 13 311 311(4 311 3(1(4 N3 811 Ml SO Financial Briefs LOCAL MINING STOCKS TONOPAH STOCKS. Jim Dutler MarNnmara Midway Mlzpah Extension Montana Northern Star Tonopah Ilelmont 'lonopah lCxtnalon Tonopah Mlnlnc Itescue Kula West End GOI.DFIKLD STOCKS. Atlanta Plus Uull Ilooth' llulldoa O O D , Combination Fraction ,,,... DtamondAeld U II Daisy Florence , Cloldfleld Consolidated Ooldtleld Mercer , Jumbo Extension , Kewanas , Oro , Hand Ken Silver l'lck 102)5 102 87)1 8)5 131)5 133 100 100 21811 225 03 08),' 21)1 22 OIK 61 102 102 8SK 8S)5 1.13)5 131 100 100 44)1 44)1 103 103 10(5 lOJi 4)1 4)1 31)1 31)1 OIK I'D! 48K 40 104 104 10!5 11)1 5)1 5)5 32)1 31)1 . 01)5 01)1 13IK 13G14 135)i 135)1 . 8251 82)1 82)1 82)1 150(1 150 148 143 100 101)1 101)1 101)1 .102)1 101U 161)5 161)1 OK 051 7)1 8J1 2215 22 18)1 22 54 55J1 54K 65)1 100K 100 10SK 10S. 83)5 84 83K 83)1 -UUVi noil 110 7015 78lf 76K 51)1 80)1 . 17 - 15 47)1 281 . 00K . 3ai . 01 13 230 .101 101)1 104)1 104)1 . 35 33 35 35 12S'l 131)1 128J1 130K 121 124)1 124K 124)1 -- 1 52 SOU 17 , 15)1 40 28K 60) 31K 01 12l( 23'J 52 80 , 17 15 4741 28)1 50K 30K 01 10K 23U 116 70)5 52 SO 17 151 48)1 28K CO -MM 01 12!i !30 lull). lull Beaton . .137.333,701 123. s Jo. go j New Torlt io9.074.7il 403.700.03,1 Cblcaco 6O.tlaa.4ed 3U.2U3 312. ot. touif lijuy.iii ijjgv.m ionn Big Jump in Exports 1SY YORK. May 9. The exports of i;i4-"ircliali'1!-t fro,n the portvf New Yoii for the weak ended May 6 wero valued at fil.05:,569. agauut J30.0fl.801 tho previous week, and $24. 532, 345 In the corresponding week a year ago; since January. $8i9,71$ltl. compared with $476,035,927 In the .corresponding period Oast year. , , ' si , t -- New- York Sugar Unchanged NPW YORK. May 9 The sugar mar ket was firm but unchanged today Fine granulated was quoted at 7.75 cent and !7.J cents, while .('pot Cuba raws wera "$.52 cents. -, trW-, Protests Deluge American Consul LONDON. May . Since the beginning pt BeUuxea of parct post matter to and. from tbo -Uclted Stat and, Burov tho ABierkaH Oo4utulat " taaarat hr tis HHwa do4i iiti ret froiu UtdiyK- Falrv Aiteo himberiy Nevada Hilt Nevada Wonder MISCELLANEOUS. Bid Atked 1 1 1-1)1 .13 .14 .2N .20 .33 . ..14 .33 .311 .20 .22 4(4 4 1.1-1,1 7 7 1-10 OK O's .43 .411 .04 .06 3. .12 .13 .03 .1)4 .IN .20 .01 .0:1 .03 ,))H .07 .00 .04 .0.1 .04 .nr. .33 .S7 .01 .113 .11 .13 .7 .NO .13 .14 .01 .Oil .04 .0.1 .10 .11 .01 .01 .03 .0.1 23 .25 2.4U 2.60 LIVE STOCK QUOTATIONS May . 0. IIOOS nerelpta, tiut 12.- &c. hldher: mixed and butchers. . kuui, ueMW. iii.nii.Di, m:. III. loan. 30: light. IO.7O0U.7n. roush Piss. CHICAGO ouu: marxet u.4auu.oa heavv. tn.- I8.lll00.23: hulk. IU.73fn.0O. , CATTI.B Ilecelpts. 4300; market steady; beees, 17.11.1 teu. DO, rows and heifers, t.l.iinn 0.23; atorkera and feeders. JH.7.1W8.BU, Texans. 17.4000.10; calvra, t7.fiO0U.3O. S1IBBP Itecelpts, 7000: market steady: native and Western, I0&U.50; lamba, S3.23Q 11.73, RAILROAD EARNINGS UULUTH AND IBON nANQK. 101.1. Operatlns reenue . . . f S.UGa.OSl Net operallns reicnuo 2.742.N3U Net income 2,2A8,D1B Profit and loss surplus 2, Oil), 413 NEW YORK, CHICAGO AND ST, Oper. reienue Oper, expenses Net oper. rev . . . Net after taxes. Other Income . . . Total Income , , . Sur, after charges. .112,33(1.381) I'.aj., ISO 3.214,234 2,744,788 2-'U.f44 2,074 732 OON 070 Increase. 1,432,U23 l,384'i)(17 1,426.30a 1.310,711 LOUIS. 11.241,400 11,473. (XXI 1,231,037 1,218,712 117.7.12 l.Sllll.Sllt 1.01)2,832 NEW YORK BUTTER AND EGGS NKW YORK, May 0 BUTTER Momentary ahortase and prlcea fractionally blither. Re ceipts. 15.8U2 packages. Kxtra Arata, SI'S Side; blabeat scoring, 81(4 032c i Stata dairy, 30(4 WBlc.; Imitation creamery, SSif BaOS Hlh iradea hardening- under strong Western advices from best Northtra sections. Receipts, 20,313 parkasea. Firsts, 23U tp 23Hc; whites. 24V42Sc.i brawns. 21023c7; t!i,?,ei!S'.'?"- 22Vi O-ic, storag packed flrsta. GOVERNMENT BONDS Did. 2a rcglstared 1030 Sa coupon 1U3U Sa regiatsred 1918 , Sc coupon lots 2a registered 1023 4s coupon 1023 ..... i'anama 2a realstsred Iliad P"1-" " W1'T-V 1S33 iTinmu J reslstered 1901 . UUA u (.uuvu '.. 1)1) c ...ion; . . 102 . 102 Asked. 100(1 102K rEGAL ADVKHIJSKilE.NTS j-s NOTICE IfS1 application 18 IIEREUY GIVEN TIlW Will ba ma.t. A lU. -.. th. 8Utf I'ennayUanli. on ijii UH itt. II. UClr. H.M.t K ...! nd saniuel J. y.rfuu,n. n ',1. ..I of Assembly . ot tb I'ommonwealth of Penn- lylv.nu. eDiuuu ah act to provide for tba Incorporstlon and rsvulatloa 9 certain oor- uons. approiiea Asru 2t,tb 1874, and rnor of Sib. 10U. it. rtnnu ' inn,M Am jhs aupplsmenta thereto, lor tha charter (ha supplsmenta thereto, or tha charter ot an Inleaded corporation to t called ililiad.ihL. T4 Companr. to character and objects-ot KhTcb Is to maouiictura, purchasa ani ifjC vend nddial tn. at stores, waretwuiea'ani bakrka..t batondueUd by tha aU coraora tton, (904 products, rrocerle, bread: bUcuiU, cake, axtracta. conlectloaa. tMj,ta j.,,n.4 (ooda, vttaWs. aaucu, spices, tas, niffau and aU arlbjle uaually oandla l a rT &av a4 ! nl jow ! ts. M- In April tho production ot copper by tho Grecne-Cananca Copper Company amounted to 5,.14S,000 pounds, ngalnst 5,388,000 pounds In March, a decrease of 40.000 pounds. As compared with Feb ruary, however, the output last month shows nn Increase of 168,000 pounds. Sil ver to (ho nmount of 205,748 ounces and 1193 ounces of gold also were produced by tho company In April. These two metnls show cood Increases over the pre vious two months. Gross earnings of the Federal Light nnd Traction Company .for tho year endlnfr December 31 wero $2,352,015, n decrease of $61,945 frm tho preceding year's earn ings. Net earnings decreased $82,299 to $806,299. Tho New York Subtreasury gained $1,607,000 from banks on Monday, mak ing a gain since Friday of $3,312,000. At the annual meeting of the stockhold ers of tho Delaware and Hudson Company Ex-Judge Morgan J. O'Brien presided. The rotlrlng directors were re-elected. The March production of silver of the Granby Consolidated Mining, Smelting nnd Power Company amounted to 33,622 ounces, which Is 9223 ounces less than wns turned out In February, but shows an Increase of 24 4 6 over the figures for January. There was a bid today of $3750 for a membership In the New York Coffee Ex change. Ray Consolidated Copper net earnings for the quarter ending March 31 were $2,205,548, as against $1,778,668 for the quarter ended December 31, 1915. The annual meeting ot the Tonopah Bel mont Development Company will be held on May 29, at 417 Market street, Camden. Gold to the amount of $50,000 was withdrawn from tho New York Subtreas ury this morning for shipment to Singapore. DIVIDENDS DECLARED Canadian Tactile Railroad, regular quarterly of 2H per cent, on common stock, payable July 1. Central Mississippi Valley Electric Proper ties regular quarterly of 11.30 a share on preferred stock, payable Juna 1 to'stock ot record May 18. I'abat Brewing Company, regular quarterly of 14 per cent, on preferred atock, payable Juna 13 to stock of record Jim u. Kxcelslor Trust and SaMng Fund Company, regular aemlannual of 2(4 per cent, Checks vlll be mailed. Pittsburgh llessemer and Lake Kris Rail road Company, regular aemlannual 3 per cent, or. preferred stock, payable June 1 to holders of record May IS. ' Philadelphia Company for Guaranteeing Mortgages, regular semiannual of 3 per rent... parnuin junv lu aiui'n ut recoru Alar ni, Pittsburgh, llessemer and Lake trie Rail, road, regular semiannual of 3 per cent, on preferred atock. Pittsburgh Drawing Company, regular quar terly of 14 per cent, on preferred stock and an extra of (i of 1 per rent, on account of (In ferred dividends on preferred, payable May 31. Hooka close May 20. reopen May 31. Porcupine-Crown Mints. Ltd., regular quar terly of 3 per cent., payable July 3 to holders of record Juna 13. Alar Rubber Company, Inf., regular quar terly of 11.23 per share. Tht Initial payment of 1 23 a snare waa adopted 'on March 13. Matlonal -Cloak and Suit Company, regular quarterly of 'l per cent, on preferred atock, pat able June 1 to atock of record May 20. American Sugar Refining Company; regulai ?uarterly of 1 per cent, on common and pre ened stocks, payable July a to atock of rec ord June 1. -1 IBefT Jr General Electric Co. . Five Per Cent. Gold Debenture Bonds Xiste4 on the New York and Boston Stock Exchanges. The General Electric Com pany does the largest busi ness of its kind n the United States. It supplies Public Utility Comtianles with elec- trlcaJ annllanri and maeh(nj i ery ana uov-a an unusually " Earnings applicable to the Interest charges on the deben ture bonds amount to 'over twentyronr times the require .roenta. Dividend which have aver aged, over 8 per annum h.Ve been paid on the capital stock since 102. Price at market Send, for Circular No. 3(10 Willfo P, BQHbrigfo S Co., lie, MUKM19 VVIBTArl STHQUp, Jjy Manager 437 Cbtt! ., rMitklpUt' WW T COTTON PRICES ADVANCE; OFFERINGS WELL TAKEN Selling by Timid Longs, Duo to Cym ric Disnster, Not Detrimental NEW YOHK, May 9. Quotations on tho cotton exchange nt the opening this morn ing prcVcntcd from making nnythlng llko n full response to steadiness nt Liverpool by the selling ot timid longs on the Tear that the torpedoing of the steamship Cym ric might lead to new complications be tween Germany niul tho United States, Initial prices were unchnnged to 3 points higher nnd the tono wns steady. Offerings seemed to be well taken all through the early trading, spot houses lending, with Wnll street commission houses nnd Southern InterertH buying un n moderate pcnle Before 10 minutes of trndlng to 2 points had been scored i-rice movements throughout .l were Irregular and the .?i?2" L.'I Inke Superior madt a fV.ViJP' while Philadelphia n V certificates lost a quarter ftiTi'W nee Battery trained . u, ..?'" thl1n,1n,l,l. c-i .." "Ml - ......1,.1,..l ceciric Wag Northern Central rose m dav nrnmn tt-,. ...,,'? - ..... .. uoh vciiii pa,.. .-,. , :-. i Pennsylvania and New York mSM moved un 2 nn nt. ... ,,. orK CiftaTaJ .: : ija UUUD DEMAND F0fc . INDEPENDENT nlH ATof vr,nrll4M a. ....v,,,,, x-eiro onmi Curb's Loader Perlman S3 nencnaLNew High Rtcdrjjjl NKW YOItlf, Mj. 9.-tL.-SI shifting of Slleoillnllva I-..1? SSTl new groups on the Broad Btfetf ri'i ay. with most activity shown 1.$ uenenaent oil atc-h. ,.. , 'ii scope of operations In MetropoliUaS addVng Jareiy .0" d affected n tht. vli,n,.. .,. . M" e tho end of the first ' stock from many sources, puttlnr ilJS. i further gains of 1 P to nnovo 23 In tho early trsfltiial scored ' number of other oil sioi,. "fHI mi.. , , ., .,. L, ,,.. 1 . ;: ..---' "tn mc .iit-Aiciiii uuiiiM,ciiiiuns ui not unng mvlho itnu uirong, louowlng the 1.U nnl' InrrAnffAtl vnliimn nt eAllln Inln th.. MtrnMnlltnn . ? 1 .... ..., v...'.. ,V,.,,,,W . .,(, ,,,.U .,, -- --. ,. .....,,, market, and some traders considered that tho calling out of tho Texas mllltu was likely to reduce the supply of farm ,bor. Business, however, was less nctiv than It wns yesterdny, nnd many hnvc been restricted to somo extent by nervousness over tho nffnlr, whllo fluctuations later In tho morning were moro or less Irregular. Near tho end of tho day a wave of buying sent prices Into new high ground for tho senson. Wnll street Interests, vvl had sold out earlier, seemed to be r placing their cotton, nnd It wns bcllc that several largo local short llnoi u covered. .Spot houses continued he. buyers. The receipts of cotton nt tho ports I the day were estimated nt 18,000 bale compared with 23,846 bales last we 20,721 bales last year and 14,020 bale's I. 1914. Yesterday's cms,-. Open. IlUh. I,ow. CIosi March 13.2.1 13.21 13..1.1 13.21 13..1 May I2.H4 12.(1(1 12.02 12.11,1 12.1- July 12.73 12.7,1 13.01 12.7.1 l.t October . I.. 12.81) 12.8S 12.1)1) 12.H7 i'-'.P December ...13. 04 13.11.1 13.31) 13.0.1 13.3 January ....13.11 13.01) 13 13 13.01) 13.1 August 12.8.1 12.83 12.1)1) 12.87 12.' Spot 12.00 . .... 13 Liverpool Cotton LIVERPOOL. May 9. There was good demand for spot cotton today, nn prices were unchanged on the basis ,. 8.29d. for mldupland. The sales aggn gated 10,000 bales. Including 8000 balci American. The lmpoli.1 were 8000 bnlci nil American. The market for future closed firm at fc net-ndvance of 33(. points. WHY CANADA AIDS RAILROADS. Minister of Finance Says War Cause Decrease in Earnings OTTAWA. May 9. Minister of Flnanct White has issued a statement giving th, reasons for the proposed loan by tin Canadian Government of $15,000,000 and $8,000,000 respectively to the Canadlat Northern and tho Grand Trunk Pncllle Railroads, to enable the latter to meet Interest charges due on bonds the coining year. The war, It was said, had caused a great decrease In earnings of all Canadian rail ways and lowered tne rates at which they could market their securities. The Canadian Northern and the Grand Trunk Pacific Hallroads, according to the Finance Mtplster, hns sold several hun dred million dollars' worth of securities In the United States, England and Conti nental Europe, and financial disaster be falling them would damage the whole credit of Canada. It did not appenr, he added, that either road would be able to earn operating expenses and interest charges for soveral years. The government, he declared, would ap point three directors to represent it on the board of each railroad. Tho motor stocks had thi - .f? Ing. which confidently bought CM from 208 to 210, and Perlman ntaffi tne most prominent of these l.suii i inlMilnv- wliAn It nA ti -, . " "t .1 points !! new high record of 144. ,taSI The old-tlme lenders Ilka n,,t.j5M Sugar and Mldvnle Steel u-.r. 1.n.i? ly tilet. nlthough both these IsueijW (i -icnuy tune, jBl Thero was nn nctlvn ,l,',i i.WS iiiorcrnplt nt nround 10 It,. hi a JJ I'ttt stock aro restricted for n.tN-TJ i of n disposition to wnlt for tf. ' announcement of the terms bffi. k- in uyiiii fiock tor tne shsrei6f i.-iiiiuuuu .jiiirnny m urtlss, Aeroplane, which has bjS it long period, sold nt 50 nnd M Thcro was little activity in OiitsaC nms nnd Wlgmorj ns sold at ttveiM Mnntlc Gulf nnd West Indies optfcjjj -I uiiu urnppcu to t4i(. The few nlerstnndlng Is thnt the erei.-v.r i floating supply of this stoeghufe i'jkiu uy me American international INDUSTRIALS, .... , . Bl inn i.xiHditrn Is-ntohr Tobacco . la p-ef Max Rubber -1.) tint .llfg m Marconi tiantlo Oulf . . i n-f Canadian Car ' Company ij pref i,erolet Motors .. uba Cnn Sugar . irilsa Aeroplane - ften'-,ry Emerson Phonograph v , u .wih' r . ilf- ... Inter Merchant Marine uc .prer utmioii 5tt ... '! :::: U"i pfd FOREIGN EXCHANGE NKW YORK, May 9. Quietude pre vailed In the foreign exchapge marketjn the forenoon dealings nnd the only ap preciable change was a further rise of ten points In Stockholm to 30.75O30.85; sterling shaded to 4.7511-16 for demand, but cables were steady at 4.76 7-10. French exchange was not altered worth mentioning at 5,93 7-8 for cables and 5.94V4 for checks. Other quotations were: IVIchmarks, 76$il8'76ii ; lire cables. 6. 38; checks. 6.39; Swiss cables. 5.19 Vi ; checks. 5.20; Vienna. 13.30613.35"; pesetas, 19,82 tt 19.85; guilders, 40 15-16&41; rubles, 30.7QO30.80, In mid-afternoon sterling exchange shaded further, to new lows on this im mediate movement. Dealings were very limited. Quotations were; Demand ster ling, 4,75 ; cables, 4,76; relchsmarks, checks, 76; Paris checks, 5,937s, ... iu. ...209-1 ... inn :::iir ... i- ::: p? ... s. ... av , ... :t ... n :. ' . ... Sli "liti III STOCKS.', '1 linn Hriinc laxim .Munitions 'nnlinttnn Trans let Xetroleum . . Itdtlflo Mteel . . . lis Klovntor . . . . Vorksa .Motors . ,'oom Kng I tiKrrKe Standard Motors Hubmarlno .rlannle United Profit I. t 11 do pref v ilte 3'otora . . Wlrld Film ..." . STANDARD OIL Illinois Onto I'ralrl" Pipe 3 O Calif .. do N J . . iU,V Y . . OTiircn on. stocks naden Oil ... 21 t.fl liners OH 4 , uer Pot ., .. to.! .luuston un .-f .. 1") .UldMMt Hef . l rmpjlii.. , , .arnett Oil .. .S., . . 3IININO STOCKS. Atlanta ....... , Itutto Copper ... do N Y Cerro de Pasco . .. Klrst National 4. Goldileld .Merger . . llecla Mining ... , rlowe Sound ... ., Jim Ilutlrr ... Jumbo ttxtrnslun - 'Kenerlck Zlao ... ,. McKtnley-Dirrngh ,, Magma (.epper .. Mines nf Ama . . ... Nlplsslnv ... San Toy ... Ml Joe Lead ... West End Cons ., ,. ,,, IIU.M'S. Cerro 0s ..... ilnesapeakn it Ohio 3a Mldvale Sa .,' 1 i i ?t! is' JL' It - . im so- lll HVi . l RATES FOR MONEY New York , Philadelphia Boston .,,,...,,.,, Chicago . ,., commercial paper. Call. 2V4 W3H phla, 33H per cent. Time. !: 0.1U 3 M3W 3 P4 1-3 4 OtH .. SMiOl 4 4W 3 to 6 months. Phlladel- Desirable Investments We specialize in the conserva tive bonds of well established corporations supplying electric ity, gas. transportation and other public services in grow ing communities. Many of these bonds are Free of Taxes In Pennsylvania A list of those now on hand will be furnished on request, Edward B.Smith &Co ETssUsUEO 1893 - -RAMICEn5 VmUrt tio York anj Pnlladeloati Stock Bxchaogt "aa"'hia 1411 CUUT.NCT STggBT, PuiUOttJ-uu 0 Onm Ntw y ELKINS, MORRIS & ' BANKERS Land Title Building Philadelphia Perm Centra! Light & Fo Co. 1st and Consol. Feb., 1963 Penna. Water & Power Cl lat Sinking Fund S, Jan., J Pacific Gas & Electric ' Gen. & Ref. Si, Jan., II Particulari on RequtfJ laraett Oil & fias Co, WriU for tptciQl circular y9. I. E. H. CJRKE lw Yorl( City IflValatttlain4 !. uiuun (?(, BUILDING OWNEM r- - mniur an thai bulldlar by baxlat jot .tXvH J builder' Mod. uiio t -perUnea I can. render BKAli SEBVICB HARRIS J. LATTA 'ertnaIvant'a Bldg WANTED Bond Salesm - WITHACUENTI A. B, Latacli & 11 3. 4k Street tAa4, JHi t Jalsfi. ear ( IMW tO. loots UP (DdCaOAg; prcl. tus; &v,:ijiua. 4t lotJW U.i'l,7-,7Trn,. , i. - -.-artvhma.
Significant historical Pennsylvania newspapers