3I5SK
BTEHIKG LBUaBR-PftltADELBHfA,
HHWl-.!! HHn
FINANCIAL NEWS
MANY INDICATIONS OF UNDERLYING
1 STRENGTH, ALTHOUGH TONE VARIES
Lingering Effects of Peace Talk Hold International
, Issues in Check Buying by Outside Investors Pro
ceeding Quietly Rock Island Bonds Strong
High Points in Today 8 Financial News
Unfilled orders of United States Steel Corporation as of the end of
April, 9,829,561 tons, a new high record and an increase of 498,580 tons
compared ivith March SI, about what the fihancial district had expected.
Shipments of anthracite coat in April, i,528,784 toyis; decrease, 2,126,8il
tons. Larger for four months. Foreign trade port of Philadelphia large
in April. Pennsylvania Company earned 1211 per cent, on Stock in last
fiscal Heart Many signers to petition to list additional stocks on local
exchange. Price of bar silverhigher in New York and London. N, L.
Amster said tltat he did not believe his plan for readjustment of Rock
Island iuould succeed and that he Was ioilliny to join other committees.
Authoritatively stated that American International Corporation is not
after controlling interest in either International. Mercantile Marine or
United Fruit Company.
I,t clo
Adtarie. Rotaely pf . 40X
AlUIS J uoia M
Alaska Gold .JllnM
Allls-ChalmoM Mff.
AllW-Chal Mte pf . .
Am Beet Snear .
Am IJrake B ft F .
Am Can,, 65
Am car ft Fdy , . . r,W
Am uar as tay pi. ...,no
9H
21,
20.
to'
100
HUh.
39!i
w
20)
79
72!
Low. CloM.
39U 30
,
2l,
78M
72'i
.127
. filH
29W
. 40M
. SH
07
NHW YOIUC, May 10.
Although tho market tono varied frequently throughout o tiny thoio wero
many. Indications of underlying fltrcngth and tho general comment was that
many stocks acted as tt they wanted to go up,
Tho International Issues were, however, held In check by the 'lingering ef
fects of tho peace talk that has been In circulation In llcrlln nnd Washington for
some 'days, but tho suggestions of penco proposals have begun to Ioro their
force as a market Influence.
Financial Interests aro known to, bo in the market as buyers of leading liiucs
at concessions and at tho same time there Is tho quiet but persistent demand from
outside Investors, wljlch becomes a factor whenever declines occur. Thcio Is
mora disposition, also, to regnrd tho Mexican outlook with a greater degieo o(
confluence, nnd to nssumo that tho stl anger military demonstration on tho border
trill impress itself on tho minds of tlie aggressive elements in the Mexican
administration.
Tho Cymric disaster failed to exert any further Influence on trading, but at
tho samo time disappointment was shown at tho falluro of tho market to respond
to tho-good statement of unfilled orders published by the United States Steel Cor
poration shortly after noon. ,
Important changes in prices throughout tho day wero duo ta special condi
tions. Industrial Alcohol continued to reflect selling in advance or tho expected
stock issue, but this decline was without influence on tho rest of the list.
Deflnta statements In regard to the Hock Island reorganization, Including tho
announcement that It was not Intended in any way to change the status of the
present Rock Island bonds, made tho Junior bonds of that system actlvo and
strong, with tho debenturo fis attracting most attention and showlg ho great
est strength. The stock yielded in lie early trading, bit advanced shaiply in the
last hour.
Tho dlrcotors of the company have agreed on tho points of the plan which
calls for tho sale of a now security to tho stockholders of full value for the
money to be paid by them. Tho formal announcement of the plan may be ex
pected very soon.
Plan Big Decrease in Powder Stock
WILMINGTON. Dcl.i May 10. A special meeting of the stockholders of tho
E. I. du Pont Do Nomours.JJowder Company has been called for June fi, nt the
office of ,tho company iiv-Hoboken, to vote on decreasing tho stock from IG0.000,
000 to $4,000,000 by lowerlng'tho par value of 350,000 shares of common fiom
$100 o, share to $10 a share, nnd .by reducing the 250,000 shares of preferred of
the par value of $100 each to 5000 shares of tho par valuo of $100 each by latlrlng
245,000 shares.
Am Kinress
Am Hide ft L pf .
Am Ice Securities .
Am Unseed pf .,
Am Ixcomollre. ,.
Am Malt Corpn.
Am fimelt ft Ket
Am Hmslt A Itef pf.
Am Hmelt pf A
Am Steel Foundrlei .
Am Siuar Kenning,.
Am Tobacco , . .,
Am Woolen pf , . ,
Am Zinc I, ft Sm.,.,
Anaconda Cop M....
Atch Top ft H F
Atrh Top ft S F pf.,
llald Loco Wks , .
Haiti Ijoco Wkj pf ,
Halt ft OMo
Itatopllai Mining .,
llethlehem Steel . ,
Hron Shoe
Iirown Shoe pf , ... DO!" 10OM
mil to ft Kiipcrlof i)Ui OIK
Canadian Pacific . ,. lflSli Id
Cajo J I Tb M pf .. .88 80f
Central Leather ... &) MJ
Central Leather pf,...lUH lit
Chc ft Ohio (I2jf (m
Chile copper 21
m
20M
20J,
78M
70
100! iftOH 100H
5ft5f M'i Oo't
mi
117
127
49U
28H
49
08
8'f
90' ,
New York Stbck Safe, J LONDON FEARS
INSOLVENCY IF
WAR GOES ON
IllIgMT, MAY
1
Sales in Philadelphia
59
117
127
40l
28,
40
09
97
691
117
127
fiW
28U
49
09
8)f
AMU HSU 113M I1.1W
.. 94U 0414 1141, 94i
. .MM 63M 53 53
. .110'i US'. 110,', 113
208 209M 203M BOW
. D8K V3U 0SW D8(
i. oo him mu nm
,. KIM Silt 83Jf MU
103M imu low mH
.101 101 101 101
. 85. 85M SIM 83
. 107f 107 107 107
. BOU 87 MM ftOJ,
2M 2M 2M 2M
.445 449M 430 449M
. 58M 60M 58M ffllM
Business Minds Turn to
Problem Whether Diplo
macy Can Stop War
ts'et
ehlte.
.M . r-tACik
llin. IAII1 . .."T
iM atf tstf .822 Sia iSStt
80 il Jrer . 101
an Hurt ft Bu I c 02
In rtn nrct ... Ml
0O Crucible Steel 7ff
sio cm n t ft v vgi
40 Elec aiora WJ
SI Clen. Aephalt Jl .
in uo ?t Ani -wTT,
I! II
2
in
I1.
VIGOROUS BUYING
MAKES WHEAT SOAR
Weather Conditions in Central
Belt Cause Bullish Sentiment.
Crop Reports Conflict
CHAIN 11EI.T WEATIIKH rOItECAST
CIIICKIO, Mar JO Tim w father rore-
tat for 30 lionrK rolliwn:
Illinois rurtlr cloudy nnd murh cooler
tonlEtit. with showers southeast! Thursdnr
fair and rooler.
MIsMourl Uenerullr fair tonlsht and ,
Thnrsdar. much cooler.
Wisconsin I'artlr cloudr and much
cooler tonlglitt TIiurNdar fair and cooler.
Minnesota -ftenernlly fair tonlRht nnd
Thnrsday, except rain northeast: cooler
tonhcht) probnblr frost nest and south.
Iowa Ucncrully fair tonljrht and 'Ihurs
dar much cooler tonlirhti probabl) frost
west and central.
.North and Houth Dakota (lenrrnllr fnlr
tonlint and Thnrsdar. much cooler, proli
ablr hcavr frost) sllchtful warmer Thurs
day. JiebrnsVn Fair tonlsht nnd Thursdnr.
cooler tan (lit and Thursday much rooler.
probably mm frost north i sllubtlr wurmcr
i Xhursduy.
CHICAGO, May 10. Vigorous buying
ky Important Interests, Including a great
number of local speculative traders, mailo
tho wheat market strong today.
The factors that Induced the purchasing
were high winds and high temperatures
In Nebraska, Kansas and the Southwest,
which made sentiment bullish. Notwith
standing the fact that realizing from time
U time caused reactions, the selling was
not difficult to take care of ilorcover,
the weather In the spring wheat belt was
cool. Temperatures In Canada' were close
to freezing. There was any amount of
bullish crop news.
Interests at Liverpool Indicated that the
-unfavorable reports from the United
States were orrectlng sentiment there; and.
In Bplte of the fact that nrrlvals remained
liberal, the tone of the market wm steady.
The weekly report of tho Weather llu
reau, however, noted a continued Improve
ment In the condition of winter wheat, ex
cept where there has been a lack of rain
fall and where damage has been Inflicted
by green bugs and hesslan tly in the
Southwest. Seeding of spring wheat has
been completed, the report said, with early
sown coming up and looking well.
The Price Current said that tho condi
tion of the winter plant was under tho
average and lowest where winter killing
was the greatest ,
Kecelpts In tho Northwest continued lib
eral for this time of the ear.
May ended only- Ho below the best at
Jl.IBH, against Jl.14 at the close yes
tarday; July nnlbhed He. off from the top
at Jl.17, compared with Jl.10 at the
end yesterday; September finished at the
best at J1.17W. compared with Jl.lBft,
yesterday's last price.
Le-dln futures ranged as follows;
Yesterday's
Wheat Open. Hlh, tow Close, close.
May 1MV .1 l.lSWU.liUs 1.1S
July .... j.iT l.mj i.ias i.t7 l.ttivt
September t loft UK l.ldHM mitl.lM.
.Corn (now delivery)
May ..... 75U 75J1 74H 174, t7's
July 74lJ 73 1iK U 74J
Beptsmtwr. 7SS 73Ji 7S 78 natf
vats-
May -T 48V4 H 47K 47:
July ..... 4Ji 43'i 4S 43 43
September, 4(1 40U 3a H 4oiJ aa
May ...,.' 1S.B5 J2.8S 12.80 12.80 12.BS
UlgfW. 13.07 13.07 127 1S.B2 U3:03
May ,..,, SI2 52 12 B7 12 63 12.65 '12.75
July ,,... 12 70 12 72 12.57 12 00 12.72
Epmber. 12.80 12 83 12.70 tl2.70 12.82
'Way . 23 60 23.83 23.UO 23.83 f2S.0
July ..... 23 70 23.70 23.52 23.4U 23 B.1
"Uffi, tAsCji? 23-S0 ,:!3,25 25SI
, LOCAL MINING STOCKS
TO.VOPA1I 8TOCKS,
im Butlsr D00- A".3
llUpall BUteasloq .,..,,.,...,.. .30 .83
itoruna ,.... , .82 .84
Northern Mar la 21
'roDopah. Belmont ..,4U i,.
Tonupah Kxteiulon ....,,..,,... 0', 7
Tooopali Mtnln . . t I , . . . SK eV
K.cue Eula. ....,..,'....,..,.. 43 .47
wa.po4.. .. ....:.. :.,J.0j V01
aOLDFlKLQ STOCKS.
Atlanta .11 is
Bin. Bull .,...., .03 .04
Pf,i I . . .17 .1(1
BdiWojr . . .oi 03
a i a . .- ....... .01 .as
CombmsKou Frastlon ,. .. ,07 ,bu
niamondaeW U ..'.'.. . .04 03
&ly -. ,. ,u4 .oa
Coiffi Coosolldited";;. .' itl .
OvllilM lUrssr 11 .la
JuiiiUl JxtcosUio . . ... . . .81 .83
KfiB ... 13 IS
bra. 04 OS
(iiliij Ihl ... .Ul .0)1
4fJcto , t .It
Fair? AstM . . . ..,,..., ...01 .03
.,. - ' 'SS -W
Ul f iiijessft f.BUa nf - aAP
" New York Bond Sales
13000 Amcr Art cv Ss ...kii
auuu Atner Ai.- rteb As . ulC
1U7UUO Anslo-Krvncli 5m.. ii.-.'7
liioo Ainer Smell Hec na lou
5000 Amcr Tel tit In. U2',
!-!! A,rm?1"' Oo 4'A"-- ""
.lj.iilil Atrlilsun gen 4a. . H2'
ltioini Atchlsun HdJ 4 M5
4(10(1 Atchison L'V 5s lalT Kit1.
H! !!!! -OM Knox n n
10(1(1 Allan Co l.lno lt 4s l.
50000 llatapolla Jttn r.s .mil
touo Uajt i Oh Is . . nji,
kb(m) naii & oh c 4'b . rfcZ
23 WO Ui) 1 l.K4V' la 87
40(10 Halt & o Hwt, IIVjs. h7
2000 Halt & Oh Bs! ' too4
1 iot lleth steel 1st fts . iiij
r.uuo lletb Steel rfd "s..I0l'
Low. v01ose
101 llll-S
7Sj
tlj'i
lift
Kill
1121.
IM
llj(,
r
101'.
Nil
Ill's
051,
1UO
1J
-..
87
87
luu't
mi
lOlli
78s
100
101 J
mi 'a
tl7
1301,
83
71
ni',4
II KU
H7'3
ll.-.'
Kill
llJ's
I'JVa
IU '4
83
imu
8(1
.851.
Kill
Ill's
IHS
87
87
lnll4
104
78f.
Kid's
Oil!
Ull'4
Kll
Ml'.
l".
130',
85
71
m ,
IIIIHI llr ltnr. 1-r- j
7UIIU fir linn Tr r.u nil. t.w.i
4.I0UO Cilll tin. na IV T i...'l nui?
310(11) ,ln 11)31 . ..-, ,,,i
150(10 do IU2I.. . . liiiC
' Cent Wth lat 3s 102
301(1 Cent 1'nc 1st la S'lU
JUiHI Cent UK N J 5a . 117
1IO0O Chill Copper 7 , 1304
loooo Chea & unlo cv 4', a 8-1,
11000 Chi Ot West I.?. 71?
11000 l-Iil 4 N 31, Mit
noon fii ii a iini j. ..:i7
' H ! ? S'.f - !U,.'S '""J t"uf"
KIUO Comp 1. i It fls. fij, ((
1,00(1 Cona Ohs cv Us 12.11, 12J'
1O0O Urn k Illo Or la ..77 77
1000 IJen S3 Ulo Or rfd 6a U. 00
J00O Krle l'u col 4a . . ill mi
5000 Krle cv 4a Ser U w 1 85. 8'.
4000 (It Nhrth Ky 1st . . uoj? m.
1 150(1 Hud t Man rfd a5 . Ollii H91i
IKSii J!! s,eel 'b 0'. U0
1000 111 Cent IU32 3'ia 81 NJ
3000 do 4a hH 80S
300O Inter Met 41,8 731, 73?
10000 Int II F ret 5s , OSS 081?
14000 Jap 1st 4a . .' S H4i
11000 Jup new U S 4Ha . 70S 70U
1000 K O K S & M Ms 110H HOC
100O Kan City So 5a . . oil? 1
0000 Lack Htl 5a 1923 Olifi 09S
18000 ilo 1030 .... t)2(i 0
2000 Laclede Clas 1st Cs lol'i loll
10000 Lie i II T 6s . ..101S KllJ.
5000 illnn & Ht I. rfd 6s 55 53
1000 illnn t Jlanl con Ha.l2IT, 1211s
5000 Jlo Kan & T 1st 4.. 744 741,
3000 do 4b a 38ll 3H'!
1100(1 Mo Pau 4s .. .. 48 43
3000 ,lo ct 4a ... 421, 4214
1600 Mont Power 3a 07 07
1000 Nat Tube 6a ..... lools 100',
100(1 N Y Air lir ivt &a lOiK loj?
1000 KrCslI 4s. ." SlTs til's
63000 do Oa 1 lli i "i
MIOO do con 4s., . S3 83
)KI10 do 4h ., Ill Ul
1IWU N-YCiSt I.Jtst 4s 94 04
4000 N Y City ree 4s 111.111 91l"i 00.
2000 N Y City 4s 1050 100 100
20110 do 41. a 11)00. .. 10214 Jo"
, 1000 do 44a 11103,. . loilfi iouli
JOOO NVOiW 1st 4a . 80 hoff
1000 N Y Itwy ref 4a. 7HlI 78
3000 N V Tel uen 41, a usff 8ll
300(1 N'orf & IVS.I 4. iilT KSJ
ltooo Nor IJac prior 4 .
7000 Nor I'ao Ken 3. .
0(100 Org Cal 5s...,
llooo I'acinq Tel 5s
101)0 1'enna 4a 1048, . .
31)000 do Ken ct 414b..
HOOD do en 4 lis ..
1000 I'en.i 4 Ha rea in
iuun itid Herv N. J. Sa., 01 'i
8000 Heading uen 4s,..., OJ'J
4000 Hep Ir It S Oa..,.. 08'i
000(1 Hock Island 4s.. . 81',
324000 Hock Island rfd 4s, 7.1
2onooi) Rock Island 6a., .. 8314
37000 do ct two sta 5s 4!)lJ
mu.'u uii Am ,,,(, a-4
gs&
OJS
HHli
110 0014
loiU loi S
lo.iH 103S
101 101
01 'i OIH
OJ'i 0.1 J
08'; t)8'i
8.17,
74
321,
40 II
o-i
500)1 HI f. I fcl A H en Km lOntl
""i". fc M . a r r,u .s.. (O o 7,1
1000 Han A4rP 1st 4s 01 01 01
4000 Stand Oaa its.. . lust. 102 1)2
3000 Seaboard A I. adj 3s Hit 1 on
6000 South Dell 5s ., ,.100 DOT, 9',
70()O Houth I'ac 4s.,,;,; 8.1 81 i!
36000 South Par cv 4s I. '. 87', 87 87
18.11M) do cv Sa . .,.- .104 1041. 104
0000 South Pau rfd 4a.! 901i DoC ui2
,uou nouin nwy ten 4a.
1000 Tex & Pao 1st 6s, , mil.
lubber Hs .. lllji;
4000 U H Steel sf 5s ,. lOSts
100O II H nubber 8s
170OO II H Ii IU II as:. .112
6000 Union Pae res 4s .. fill
1500 Unloa Pac lai 4a.,, DO
fooo Union Pao cv 4s . 031,
1000 Union Pao rid la,. Do
6000 Uli Hwvv S V 4s . a II
1000 Wabaab 1st 6s. . . OKU
'I
iitnn 11...K-I, n i. ..., nil'
2000 West Md 1st 4a. . 73 H
70
102 (J
101
112
OH
0314
03lJ
00
3(1
081,
31
734
00
70
1IHU
16J1I
105 1 J
112
08
II3J4
11814
AMERICAN INTERNATIONAL
COMPANV NOT AFTER CONTROL
NEW YORK, May 10. It Is authorlta
lively stated that the American Interna
tiona) Corporation haa made no attempt to
secure a controlling- Interest In the stocks
of either the International Mercantile Ma
rine Company or the United Fruit Cora
parry. The purchase of stocks In both of these
organizations by the American Interna
tional. It Is learned, is. a part of a more
comprehensive program for development
qf commerce between tha United States
and other countries, which has been un
dertaken by tho management of (hat or
eaoUatian. While the National City Bank and the
International Banking Corporation will co-J
operate in every way possible, both
through the local offices and their
branches, the statement Is made by one
In a position to know much about the
affairs of the new orgun(iatlon that the
purpose of the American International
wil.1 nt t9 one of selfish, motives, but
helpful tn the banking a ad commercial
communities of this country.
Chlno Copper .
Clilcaeo Ot West. ..,
C'lilMco Ot Went pr ,
CM .Mil & St Paul .
CM M A St P pf ,..
COOsSlt
("ht 1 Norltiaostcrn..
Chi It 1 A I'ao . ...
Cluolt I'oi & Co ...
Col Fuel & Iron. . .
Col & Southern
Consolidated Clai ..
Corn 1'rodiicti Kef .
( riielble Steel
Cuban. Am Suitar .
Cuhaii-Atn hut' pf .
Den , Itlo (Ir pr ...
Detroit Kdlson . ..
Detroit United llys .
Distill Sco Corpn
Dome Mlnw
Dill S S & Atl
Dili S S A Atl pf .. .
Krle
Krle 1st pf. ... ..
(leneral lllectrlc .. .
General Motor;
(leneral Motors pf. ..
Goodrich II K
Goodrich II K pf.. .
(Irecne-Cinanea . .
Great Northern pf
(It N cfi (or ore prop
Gulf States Steel...
Gulf S S 2d pf
Int Agricultural pf. ..
Int Paper
Insn Con Cop . . ..
Int Nickel v t cfs .
Int M M c of dp
Int M M pf c of dp
Jewel lea
Jeel Tea pf
Kan City Southern
Kaii City South pf
Kellv Sprlnc Tire . .
Kennecott Copper
Lack Steel Co .. ..
Lchluh Valley . . . .
I.eo liubber Tire . .
IxuN A Nah .. ..
Manhattan Ileach . . .
Maxnell Motor
Mat Motors I'd pf
Mav Dept Stores
Mexican Petroleum . .
Miami Copper
Mo Kan A Texas ....
Missouri Pacific . . .
Mo Pac tr cfs . . . .
Montana Power
Nat Knam A S Co.
Nat I.cad Co
Nat Lead Co pf
Nev Con Cop
New York Air Brake .
N Y N II A II .. .
N Y 0 A II It . .
N Y Chi A St 1.
N Y 0 A West . . .
N Y Lark A W
Norfolk Southern . .
Norfolk & Western .
Norfolk A West pf
Northern Pacific
Ontario Sllier Mln .
Pacific Mall
Pennsylvania lilt .,
Philadelphia Co . ...
Pitts Coal Co N J..
Pitts C C A St h. .
Pressed S Car Co...
PubS Corp N J ...
Pullman Co
im
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05! 4
MARKET IS UNDECIDED
By FRANCIS W HIItST
Srcclal Cable lo Evtnlia l.tdotr
LONDON, May 10 The Mock market
today was mildly undecided. There wns
very little buslneM doing Iti any claH of
securities. The financial editor of the
Morning Post, n Bound banking authority,
M,..i,i... titn mri.nl fctnnll break In our
LNew York exchange rate could nnd should
be corrected, considering me resources m
hnnd. .,
Uuslnein minds are turning to the
problem whether the war can bo ended by
diplomacy before public Insollency ot the
Continent becomes unavoidable. Such
Insolvency would fall heavily 1111 i-onuon
ns tho centre of credit. The military dead
lock In the west after the Verdun failure
and Hie stiff attitude of President Wilson
touord submarine ntrocltles suggest tho
possibility of a settlement favorable to
the Allies In the west and south, favorable
to tho Central .Powers In tho near east and
to Ililisla In the Hlack Sea region Lord
Curston's statement hat he never has heard
the Cabinet dlscus-s peace causes some sur
prlie. The Westminster Onzette today Is po
litely skentlcal concerning the real ns dis
tinct from the face value of the German
submit! Ine note.
The Dublin executions are arousing
criticism nnd the Volley of Irish ndnilnls
tratlim will be nrrnlgn.-d tomorrow In the
House ot Lords. The Xurllicllffe press has
now switched off Its in my agitation to an
other panic about food und ships, Its tw-i
Inst policies being characteristically con
tradlctoiy Hieii 11 coalition government
cannot concentrate nil Its energy In the
army, navy, merchant marine, munitions
nnd flnancp at one nnd the same time.
20O Key Tel Co . 144
a7 i.aai- nup mis
00 North c entral Mi
331 Penna Itlt, . BJH
200 Pa Salt. Mf lp.014
SO llla Rlec . ajS
001 P n Tt e... 15.
mm
::s J'nua jrac.
TO Ilcadlns, . .
81 T7 Ton 111 ...
1B0 Ton Mln ..
150 t;n Trae ..
JI8 l! O I ...
J041 1 H St'.l .-,
10(1 War lr ft Stl
40 wm LTamp
I 1
BO
J.i't ?;4
mi snu
innlL InnU 4 'A
2T af - i
M 15 a
in rn
;,
.
?I
100 Tork
t n.
Iwy pfd 81
JIO.VDS.
,o- (tn
nsu aa ss
lo(4 lti't 10H -.
S4 S4' 1.,
High. I-ovr,
l.fArt Am fl jS I.! Ss n.s
B000 Am lira. f.a. 05
1000 Hoth. Stl SsftlSI
loooo Choclaw sn 4s 09H
ltooo do rons s. , ni
3(100 Kl A Pco Tr 4 s SOU
Boon Intrata.ltys 4 R7,,
4000 Key Tel 1st (Is ujM
oi)0 l.k Hup Ino ns 31
1000 Ijeh Val an 4s IU,,
znoo do ccn 4'4.100'4
loooo in ,', ",.
loon Pa Co an 44 s 101S lots
ss nun. mi" m.-i
OS
1!.
nn4
ni
70
r,7
ns
at
112
1004
loo
Ket
Close, change
ns .
0B .
121,
BO'. . ...
'.
RO'i
S.4
31
vi
1U014
r-nAT. QPfTPMF.NTS FALL TN AtmT
BUT GAIN FOR FOUR MONTHS OP yJ
FnrfiiVn Trade of Local Port Continued f Ta...
1. ,'linn.litrl?.o.,Bini - XllZm
remisyivaiutt ui"v "o j.s.jl rer cent nhl
OlUCri. 111 xci xjivai u iiaiUWlll
While the thlprnents of anthrnclta coat
durlnff April were smaller than In the
snnfe month of the previous year, an In
crease Is shown for the first four months
of the year ns compared wlthilSlB. With
the exception of the Lehlah and New
Kntrlam! Itallroad, which showed n Rn 11
of 882 tons, shipments over nil roads In
April were below the same month last
year, the largest Jo., be ng by he Lchlg
Valley. Toiai smpmemo "' J."i-V'"
nsifi1 An
4000 P ft M Stl Us. 10(14
MIOO Phlla Illec 4s sa
BOOH do ns. . . . 104
17000 Read sdn 4s. . I1.T4
nooo Btranum Ity nf
t p tut 6s. F(.
2000 .ttan Oftn Oa 10.'.
4000 Un Ity Inv lis .OH
100
si
1 ill's
H.1
SI
102
70S
1IIIS
mi's
loo
1.1
0.1I4
81
102.,
70H
4
INDEPENDENT OILS
CONTINUE IN FAVOR
United Western Moves Up Five
Points on Curb Chevrolet
Reaches New High
7!)
234
Ofl'i
llfitf 1154 IM. 11S4
174 174 174 17'I
ia.1 133 13.1
5H4 JV4 fiSJ.
1054 iai'4' 1(154
304 304 304
274 274 274
110 110 110
22 22 22
1244 124
87 87
1124 1114
10f 04'
.1335
5114
1054
30
27
118
20
1244
87
1124'
104
214
504
414'
274
80
404
128
.100
24
504
41
274'
81)
40
121
87
1114
114
234
50
41
274"
SO
40
QulckMher pr 44
lty Steel Sp Co 42
Hay Cou Copper . . . 224
Reading . . &S4
Republic Iron & a.... 404
34
164
Republic I & S pf. . 108
M Louis &H F 3
Seaboard Air Line... . 10
Sears Roe & Co 1814 1804
Shat Aril Cop 324 32H
Slosj-Shef S S. I . . . . 544
Southern Pacific. . . 08
Southern II 214
Southern Ry pf . .. . 02
Standard Mllllne . ...102
Mudebaker Co 131
Teias Co 193
Third Aienue 014
Twin City It T . . 90)4
Undsr Typewr . . .08
Union Ba. A Papef . . 44
Union Ilae & P pf 31
234
554
41
274
SO
411
1284 1274' 1284
1594 1594 15114
44 44 14
424' 41 41
224 224
894 874
404 404
KS4
4C4
1074 1074 1074
34
Iti
34
104
554
974
214
62
100
132
1804 1801,
324 324
55 55
974 974'
214 3J4
014 014
100 100
1304 1314
1904 1004 1004
014 014 (114
974 004 904
794 79M 794
44 44 44
304 30 30
Union Pacific 1354 1304 1344 1344
Union I'aclllc pr B24 83 824 83
U H iml Alcohol. . . . 148 1484 1454
USCIi'&F 204 193j 194
Uulted Fruit 1014 102 1594'
United llys Inv Co.... 84 104 94
Un Rys Inv Co pf ... 22 22 214
U 6 Rubber 554 554 544 544
u BTiuooer .si pi . ..usii losi. 108 108
83,4 834 824 824
.110 1104 1104 1104
. vn
U S Steel Corpn
U S Steel Corpn pf. ..
USSmK&M ...
U 8 Sm It & M pf .
Utah Copper. . ,
Utah Securities
U 6 Kxpresi,..,
Wabash
Wabash pf A
Wabash pf II
West K & M
Western Maryland ...
West Union Tel ,x,
Willys Overland ..
Willys Ov pf s r t p,.
Wheonsln Central ...
Wools orlh F W .
Woolworth F W pf ,.
74 70
52 524 524
. 80 80 794
. 17 174 17Jf
. 404 48 48
. 154 15 144
. 484 484' 474
. 284 281. 274
. 60 604 59
. 314 324 304
. 01 914 014
230 244 240
1044 1014 10(
. 35 354 354'
.1304 1324 1304 1324
1244 1244 1244 124X
76J,
524
80
174
48
144
484
28
594
304
01H
240
1044
354
NEW YORK COFFEE MARKET
NEW YORK, May 10, -The coffee mar
ket was a little lower this morning-, with
first prices 1 to 2 colnts below last night's
finals, under scattered selllne by com
mission houses. Sales on the call were
4750 baits. Itlo was unchanged. He
celpts, 3000 bass, Santos was unchanged.
Receipts, 8000 bags; stock, 365,000 bags.
Receipts at the two ports were 11,000
bags, against 30,000 bags last year and
14,000 bags two years ago.
Todsy-a Ysatsrdar'a
opening. clou
May .8-8. 8 3HW8.40
juu '.35 8 4afte.44
July 4S 8 4708.48
Amsust S-59S5-54 68s6s
Hssismber ,.8B0(&8.9 8.B7Q8 Sll
October ,.. S.l sdtQs.ea
Notimwr ,.., .... 8 0308.60
Ilecembar , .K6J 8.68W8 ei
January .... 8.74W8.70
February .. 8.8088.81
M.rch 8,85 8 8368 80
VSu .
Total sales. 6000 bags.,
Ni:w VOIlK, Mny 10 More Inteiest
contimicd to be shown In the stoi'lis of tho
Independent oil companies than In any
other issue on tho Ilio.id Street Curb
und there wero mnnv Indication1) that that
group would steadily Inciexxc In fitvoi
and attract gt eater attention than any
other issue from now on
More Is said In business circles nboul
the Importance of petroleum and pe
troleum products In the Industilnl Held
nnd there Is more disposition shown by
capital to embark In this Imlustiy.
Metropolitan Petroleum continued to be
th( most nctixc of these stocUs. but fol
lowed the lead of the Stock i:cliange In
receding slightly from yesterday's high
lerl, selling today at 22s to 2JV4 on the
decline. It was In good demand, reflect
ing absorption by luilde interests
Sinclair. United Western and Cosden &
Co were also in demand, but prlco moe-
ments wete comparatively narrow. Lulled
Western moved up from 91 to 9(1 on infor
mation in regard to tho aciiulsltlon of new
properties
Chevrolet ndvnncod to the new high rec
ord of 212 and wns the strongest feature
011 the Curb. The belief prevailed that
this stock would bo plnced on the Stock
Kchapge at the meeting of tho Governing
Committee this afternoon
Lynn Phonograph was quiet, with sale's
nt 104 to 10 'v Trading in this stock Is
restricted because of disposition to wait
for tho cnrrylng thiough of the merger
into the new Klemlsh-I.ynn Company,
Lynn stock to receive $10 In new J per
cent, preferred nnd ft of new common In
the new company.
INDUSTMALS
Local Bid and Asked
Todav Yesterday
UII. Asked Hid. Asked.
Baldwin Kl 1st. H5 M.4
do prf .. . K'y 'P."
liurr Hns to r.t r.'j fjj n-
do rrer I c Mi HO 5 '
nrin Ji) acj .., ? ..
flen Asi) M, i ?? ii,
do prcf 70' 7.V 71 1IJ4
KcystonoTel uU .) (S 4
do tr ctfs 144 l 1" tj's
,lo prof os n ns ll)
Lake Hup Corp It's 10, 1"
U'hlall Nav 74 J i44 4?4
Lohlsh Vnl 7K 7S' 71 .14
l.ehlli Vnl Trnn ... ! L'2 .', ;,
do .rer 4J4 4.1 II! J4 411
Penna Ml, f, fl'1??
Phlla Kleitrlc J7, 1'7. 274 :j7
PhllK Co 404 41 ti 40'. 414
do per cent pfd . 3n. 3N fli' 40
do 0 per int pfd.. 42 U II. 44 43
Phlln llnp Tr t c .. If'.r lNn 17'. IS
llendlna- N7. . KS. , , S-jS SH'.
Tonopnh Helmont . 4 I) Id 4 11-1(1 4 4Jt
lonopjh Mlnlna-.. .. .H! ,) 'iff ,51"
Union Ti-nctlou .. 4IJs 43 4 14 4.JJ,
Vnlted Has Imp .. K.'S SH "J. S.H
V 8 StCPl X'l S3'i N.ljs SIU
Tork Ilnllway ... V 14 13' I3J.
do prer 3- .n .1 3I'
Wm Cramp tc . . . . N 1 S4 4 S3 Mil
Aetna Kxploslves ....
Klscntolir Tobacco . .
do pref
AJax Itubber
Amer-lirltlsh MfK ...
Amer Marconi
Atlantic Uuir i. W I
do pref . ...
Canadian Car Co
do pref . .. .
Chevrolet Motora . .
Cuba Cane Sugar . .
I'urllsR Aeroplane . .
Drlsss-Seabury
Cmerson Ptionoffraph
Haskell Marker
llenden Mfa
Inter Mer Marine .
do prcf
Kathndlon Ilronro pfd
Met Petroleum
Maxim Munitions
Manhattan Transit .
Mldtale Steel
Otis KleHtor
Peerless Motora
Perlman Him
Poole Enir . . .
S 8 KresE w 1
8tandard Motora ....
8ubmarlnB Uoat . . .
Trlanule Film . .
United Profit Sharlne
u n i, a j) com . . .
Hid.
. lfi4
. 47
, 90
llll'i
. 13
hz
. in
. so
IMO
. doH
. 48
.137.
. 124
. 3(1
24
8.1
20
'
ri s iv i- ii pm
8I4
'"s
311'.
r.n
23
133
100
12
84
33
4
1.1-10
3
4
411
1
., , STANDARD OIL STOCKS
Illinois 171
Ohio 3ti
Prairie Pipe "To
8 o of California I "I..,. 247
H (ro( New Jeraey 51T
8 O of. New York 208
OTIIEK OIL STOCKS.
221i
4
10H
18
07
47
While
World
Motora
rum
14b4
104
1594 1 Cosden
iniTf-lt.lnta
UBurt, . ,
Chalmera Oil .
Inter Petroleum
Houston Oil
Midwest nef
Sinclair Oil "
Sapulpu Hef
Harnett Oil . . . . . .
, JIININll BTOl
Atlanta
Hutta Topper
Hutto NY '
Cerro da Pasco
First National
' ''inllldiu Merger
llecla '
Hoite Sound
Jim Butler
Jumbo Extension
Kenetlck Zlna
McKlntey-Uarragh
Masma Copper
Mines Co of America
Nlptsslna , . ,
San Toy "
St. Joa Lead
West JSpd Con
- BONDS.
Cerro As
C and U Bs !
Mjdvala 5a ... . .'.'."
it
. 37
. 3
!')
. 80
. 14
. 04
:.r-
. iU
, 1
.114
. U3U
, 8(14
Asked.
Ill
30
00
08
23
43'
34
71
83
210
0i
33
37
20
211
DO
1 7-lU
SOV
OJ
25
137
111)
,2',
37
4 "4
k
50
14
174
238
214
230
320-
200
0T1
"3
11
10
08
47H
18
avi
13
38
'iSta
n
au
1 1-10
8.T
08
184
1 MO
lie
S3S
97H
NEW YORK BUTTER AND EGGS
NEW YORK. May 10. BUTTEil Yery
much larger supcJy and lower market for aft
a-raOe-. Receipts. 18 381 packsses, extra.
80c.: blaher scorinr. JOH OSlc . Stata dairy.
294 SOc. . Imitation creamery, STn OSIfne-
i:aOtt Ulih 4radea arm. uader trades
UmuUr.JUe.lpla. M.3! rats. 21H ftSc :
bit. 2?.4e . .Wo. 2,J2JS, H'i
saisgs q in mess auai r.c iava rut a,
.3
&.
UNFILLED STEEL OHDERS
KEACJI NEW HIGH 3IA11K
Total on Last of April Was 9,829,551
Tons
NEW YOrtK. May 10. The unfilled
tonnage of the United States Steel Cor.
poratlon on April SO, 1916. was 9,829 551
tons, an Increase of 498,550 tons com
pared with that on March 31, 1916. Com
parleon of unfilled tonnage 1s made with
previous reports as follows'
Today's unfilled order figure Is a new
high record, hut it Is apparent that the
Influx of steel orders U gradually slowing
up. The tompany'.bqoTted business at the
rate of about 71,000 tons a day durlng
Aprll, compared with nearly 80.000 tons
a day booked during March.
The unfilled order record of the steel
corporation, set in December, 1906, which
" -';"f. tons, .was' broken In
tebruary of this year and each succeeding
month has set a new mark.
lots-
T.22,7
s.stig.ei
0,331 001
January . . . ,
February . .
March
April
May
June
u'r
SaSSr"1..:.
November ,.,
December ,-,
1J
4.248 071
6,829.531,
4.343,811
.233,I4W
4.102,244
4 204.398
f78,la
!.; 4 S3
..317.828
T,l89,4Sa
tU39,iia
. 1914
4.013, eso
6.026,440
4,833,823
4.HJ7.088
2.flna ,fij.
0 4.033.837
I.I??.???
..ia.33l
.7hT.eOT
el.tij7
3.824.802
).
SECURITIES AT AUCTION
The follotvlne securlllos were sold nt nuctlan
todny by Humes t l.ulland
STOCKS.
7 slis Krankford A Houthwark (Mh
ami utn Mts j j-asseiiKer uauway
Co
.t nhn. rmnkrnril A - Routh)vark (5th
and (Ith Sta ) Passenger ltalluay
Uo
E shs Prnnkford Suulh-k Cith
nnd Bth fits ) Pnssenaor Italrnny
Co
!3 shs PrHnkrnnl A Souths ark (5th
nnd f!lh Sts Passenger Italhwiy
Co ... . .
20 shs Fire Association of Philadel
phia, par 15)1 . ,.
'M shs ITnlnn PjiHseiiBer Itnllwny (o
311 shs. Second nnd Third Streets Pas-
sencer Hallway Co
38 shs Tradesmen's Trust Co.. par
10() ... . Lot
12 shs r.ehlKh Vnllej Coal Sales Co ;
par 4ro . .
7 shs Lehigh Vnlles Coal Snles Co .
par r0 K
5 shs Northern Liberties (las Co.;
nar $2.1 ,
5 shs Pocono Manor Association, par
J50 . . .
25 shs (Ireat Amerkan Oil Co ; par
.-),. .. . Lot
2 elis Library Compnnj of Philadel
phia (dues nuld fur 1U1H)
3 shs farmers and Mechanics' Na-
tlonnl Hank, par lino
,1 shs Hank of North America, par
$100 . . . . .
101 ens. Illmtrn and Willlamsport Rail
road Co preferred, par $30 ..
51 shs Heading- Co first preferred, par
$50
25(1 shs. Pennsjlwinla Itallroad Co ,
par $50 .. ..
45 shs Delawaro Itallroad Co , par
$25
25 shs. farmer and Mechanics' Na
tional Hank, par $100 ... . ..
20 shs Miners' National Hank. Potts
Ulle Pa. ... . . . .
23 ahs Miners' National Hank. Potts
Vllle, P.l
100 shs. North Pennsylvania Railroad
Co . par $30
inn .h l'Mlmlelnhlii f l,rmnnlfiwii nml
Norrlstovvn Railroad Co . par 830 144
34 shs. I 'oils 1 lie Water Co , Polls-
llle. Pa . par $25 . . 51
3 shs Provldcn. Life and Truat Co
nar $100 ....
20 alls Washington (Jan Light Co , par
$J0
1!) aha Washington (las Light Co , par
$20
3 uhs United New Jersev Itallroad
and Canal Co; imr $100 .. ..
40 aha United New Jersey Itallroad
nnd Canal Co . par $100
2 she. Plrst National Hank. Philadel
phia, par $100
7 shs Fourth Street National Hank
par $100
ID shs Third National Hank, nar $100
3 shs. i itieiity 'irusi ;o. . par aiun ,i
27 shs llobert Morris Trust Co.; par
$100 n
3 shs Olrard National Hank 3554
40 alia People's National Flro Insur
ance Oo , pur $25 10
30 ahs Pennsylvania Itallroad Co , par .
$30 ... . . 304
10 aha. American Dredging Co , par
$100 . 100
10 ahs Taylor-Wharton Iron and Steel
Co.. preferred! par $100 U7V
HONDS.
$3700 Odd Fellows' Hall Asso. of Phlla.
(Pnrkwn llullrtlng) . . ..Lot
1800 Edison Electric Want Co . Phlla .
ft per tent , trust ertlflrates, In
terest April and October, reais-
tered. duo 11)4(1 . . . . . .
2000 Bemner i. Kneel Ilrewlns i'o .
U per rent . flrst mortgage,
coupons January and July, due
1021
1000 New York Inlerurban Water Co.,
ft per cent . flrat mortguse. In
terest April and October, regis
tered, due 1031
1000 Lehtgb Valle Coal Co., ft per
ent . flrst mortgage, coupons
January anu juiy. uue juiiis
1000 Scranton Railway Co . ft per ent
drat mortgage coupons January
and July, due 1U32 . . D8K
2000 St Paul and Northern Pacific
Italtway Co., 0 per cent , gen
eral mortgage, coupons Febru
ary and August, uue lli.d
a 000 Penn Central Light a. Power Co,
S per cent., Ilrat mortgage, cou.
pons April anu uctober, due
1050 . v.
6000 Kaatern Pennsylvania Pouer Co..
5 per cent . first mortgage,
coupons April and October, due
lfl.ift
7000 Lehigh Valley Itallroad Co , 0 per
cent, consouuaieii iiiuriasae, in
terest Juno and December. re
Istered, due 1U.M HOVi
5000 Lehigh Valley Itallroad Co., 4U
per cent , consolidated morl-
&age. coupon JUIIV ttllU 4M.CIU
er. due 1023
3000 Central District Telephone Co
S per rent . Ilrst mortgage, cou
pons June ana iJecemper.
11)43
loon Wllmlnaton and Northern Itall
road Co., 4 per cent , stock
trust certificates, Interest March
1 quarterly
1000 Camden and Suburban Hallway
Co.. 3 per cent., first mortgage.
coupons January ana juiy, aua
1944 .. . .,.
3000 Empire Qaa andv Fuel Co., a per
cent., flrst mortgage, coupona
May and November, dua lbjl) .
1000 North Sprlngtield Water Co., B
nar cent., flrst mortcaae. cou
January and July, due
i28 . ..,,,,,
342'.
312V4
342
3414
311
181
235
$1
854
85 S
424
40
JI
18
135;
2112
(!-'
42
SOH
43"l
1334
103'
10L",
!13-
848U
75 V
75V;
225-.
223'
205'-,
28
251)' s
$4
105
70
00'.
1034
1104
102
103
lots
dua
1024
Ul
102
100
pons
1V28
8d
BANK CLEARINGS
Bank clearings today compared with cor
responding day tVntwo yearn.
Phlla. .,,$39.224, But $2T,15U,671 $28,047,415
Uoston -. 33,780,111) 82,501,883 1'8 802.850
Chicago,.. IHl. 073, 817 $5 1. 41)1.058 $51,020,787
XorK ii.,4I0,uj. iuu,mo,Du .a,a4,uiu
Mew
Ht, Louis.
0.839.430 13.870.419 15.437.S28
DIVIDENDS
.'lltLADKI.l'IlIA COMPANY FOB
OUAHVNTKK1NO MOKTOAOKS
..4 Lund Ulle Uulldlng,
Capital . Vk. $2.00O.CC0
Surplus and profit .... 033.2.1
Philadelphia, May 8, IU10
The Board of Dlrectora baa this day declared
a dividend of Three dollars (IS) per share upon
tha capital stock of tha Company, payable
June 7, 1918. to eitot kholdrii o( record at the
close of business Mar 31, 1918.
Checks will be mailed
SAMlEI. C. BDMONDS.
. Treasurer.
;LACltl'.L OK. AND a8 COMPANY"
-lUUUlllg,
Hid -.Amn,.t-l.l 1S.B.I
PhlladelDhia Pa.. Uiv 1 Ion
Tb. Board of Dlrectpra.ha.ve this day de
clared a regular monthly dividend of ana-half
1 1 per ccut. and an extra dividend of .ni
alf ef.l Per jeul.. Payable May an. 19i, tj
stockholder of record May 20. 1918 ' "
J O CllABK.
Treasurer
PIBECTOBY OF ACCOUNTANTS
Crtlaad 1'abllq Accoaolauta
Ut,WKMCt. B. KBOWN fc CO. ' "
were 4',B28,784 Ions, against 6,BB.82B toni
111 April, 1916, decrease of 2.126,841 torn,
rrotn .Inmiary 1 shipments total 22,230,791
tons, an Increnso ot 1.322,369 tons
The forolftn Irrule of tho port or Phila
delphia continues on n lanre scale, tor
April exports totaled $34,683,681, com
pared with 10,700,799 In April, 1916! Im
ports, ill, 3.16.361, ngiilnst 7.108.070. bor
four month-? the exports wero ''"M,?2'
ngnlnit $36,231,164; Imports, $37,973,174,
iifralmt $23,929,926. - ,W
The pamphlet report ot the IVnnsyl
vniiin Cimimiiv for the -year ending De
cember 31. 1916, Issued today, showed
gros-i Income of $Z6,76,5us. tomi"
with $20,892,828 In tho provloils yenri net
Income, $9,701,347, nguinrt ..
net Income wa8 2" VWlIrS
earned on $80.oon ZtJIM rf?M
pared with B 9 por cent in f,to"fH
per cent. In 1913. m l9' hr.'
Many slsnnlnr.g -...' 1
to a petition being clrcui.Sln8 kmM
bers of the IMillnde ph a smw3
nk ng the aovernlnrcLSi. .uS3
to tne Hating of nddltlnn.i l" wi
petition III bo presented ih!?
Ing Committee r,t the , !& k
wn; inite place next Monday
'. I-reKularlty again oh,,...', '
';.n-UJnK.0" ' I'hlladeiDhi."?.!!
j-.m.iMe cotiay. The most pciit. Vl
Tonopah llelmont, wlilch J,n ,slw '
tlonally, 1000 share, of .haMfj
ng hands at 4., this belnrtW"4
touched In the morning "", 'JW
.Superior Rained a .small fe.J?oh'it
1'l.lladelphla llnpld" Trans tri,1 i
KlVcirla old off" ?",? !?.e,J. .WJWwSSn
UufTalo'niid Susquehanna rrnntLneri
2 Points. and nnldwin PoTiTj k
".ll .." wa. tho nrst tvuVl
wm mis weeK. v i4Bj
COTTON PRICES CONTINUE
TO RISE, WITH SUPPLY LESS
Spot Houses, Southern Interests nnd
Commission Firms Lead Buying
NKYV YoniC, May 10. There wns an
other nctlve opening on the Cotton Ex
change today The tono wns firm, with
May showing n loss of 2 points, July be
ing unchanged, but other options scoring
iidtnncc of 1 to 6 points Spot houses,
Southern Interests nnd commission tlrmi
led the buvlng. with Wall street nlso
tnltlng some and Liverpool purchasing n
miuill amount of March
The selling at best wns scattered nud
wns considered to he profit-taking The
point wns made that outBlde Interests had
entered tho mat ket recently on such a.
lnrge scale that profit-taking would have
little or no effect on values and the market
could only be Inlluenced by nctual bearish
news
The market continued very active
throughout the first hour. The feature
of the trading, which seemed to attrnct
the most attention, was the persistent mid
heavy bujlng by trade Interests, but there
was also a largu amount or realizing,
and. after selling 6 to 7 polntH net
higher shortly nfter the call, prices re
acted a shade under last night's clos
ing figures. The offerings were so well
taken, however, that the reduction In the
scattering long Interest made a more
bullish Impression on sentiment than
otherwise, while there wns no sign of
Southern hedge selling, nnd the presence
of n continued traxle demand nlso tended
to operate against reactionary sentiment.
After the call, trading continued largo
and there was no nbatcinent in the tie
mam, while the supply became smaller.
As n T-esult, July advanced 7 points over
Iti opening price, with the other positions
moving up 2 to 3 paints before tho end of
the first 15 minutes of trading.
The lecclpts or cotton at the ports for
the day were estimated nt 14,000 bales,
compared with 11.637 hales last week,
16,062 hales last year and 9685 hales In
1914.
Open High
18.5K 13 72
12.00 13.04
ltl.U!) 13 17
13.20 13 311
13.40 13 33
13 45 13.5(1
1.112 IM "II
13.20
Liverpool Cotton
MVKUPOOL. May 10. Spot cotton
wus In good demand today nnd 14 points
higher, on the basis of 8.43d. for mid
upland. The sales wero 10,000 balds,
Including 9400 hales American The Im
ports werg nil The markot for futures
closed steady at n net advance of 12
13M points.
AMSTER BELIEVES HlSPn?
FOR ROCK ISLAND WILLP
Willine to Join Other Commi,
itu- now SchOITIfl
Yes close
March . . 13.55
May .... 12.02
Jul . . . 13 or,
October .. 12 00
Decemb-r 13 .IK
January 13 45
August . 1 2 DO
Spot 13 05
Low Close.
13 58 13 Hi)
12.R8 12.00
1'J llll 12.IK1
1.1 15 13.15
13 31 13 32
13 37 13 3')
13 11 '
FOREIGN EXCHANGE
' NI3W YOIIK, May 10. The market for
foreign exchange during the forenoon was
only moderately active. Features Included
a further advance In Scandinavian kronor,
to 31ifi311,4. the highest figures on this
Immediate movement, a firmer tendency
in rolchsmnrks and an easier tone In
Italian exchange The last mentioned was
quoted nbout 6 points lower, at 6.44 for
lire cables nnd 6.45 for checks. French
exchange held at yesterday's Improve
ment, while steillng had a heavy appear
ance for demand. Steadiness In cables
wbh again attributed to buying by a very
prominent International banking house.
Quotations follow:
Demand sterling, 1.7B (there were quo
tations of 4.75 9-16), cnbles. 4.76 7-16, franc
cables. 6.93., checks, 6.94; relchsmarks,
77fj-77': Uro cables, 6.44, checks, 6.45;
Swiss cables, 6.19?., checks, 5.20, Vi
enna, 13.30013.35; kronor, 313l.i;
pesetas, 19.80if 19.83; guilders, tl't.'cMHi;
rubles, 30$a3Q,
RATES FOR MONEY
., Cul!;
3 3?
.1 6t
3'.(ii4
New Tork
Philadelphia . . .
lloaton
(!hlcaira
Commnrcla! paper. 3 to tt months, Pbllade
pnia, avj'Jtt per cenc.
Time.
2; .
if m
4
4
del-
Nl-JW YOlllC. Mav lov
says that thus far $8,000,000 t$f
subscribed by nock Island stocsholfi
under the plan which ho made puhnig
weeks ago for leadjustlng the flruti
the company. While ho think, tffl&
additional $2,000,000 may be s.USS
before the expiration, on May ij?
thnt the necessary uumni ..iii J, r"?$
under his plan. ' "W;
Accordingly, Mr. Amster saw n,fwf
nnd his commltteo would nqt p iwSJT
of obstructionists to any other nffiiiS
might bo offered which $
reasonable to them, and that tltuT
strong probability of his commllU. U
lug with the Debenture Bondta'S
Committee and the Hayden Sloc-hulS
Committee In bringing out a nefcSS
So far as cau be learned no rZj
conference ot these committees tcnTS
held today, hut It Is Intlmntsrf it,.i IWi
llmlnary statement of the plan mMu
made public tomorrow or next day '5-ffi
Railroad
Stocks
are becominir more aitrai.
ivc owitigr to large earning?
and conservative miaht!
.a4 Ht. . ..6I
i4i.ui. i.iuiiy are senior
very low at present. i
Call our Mr. Knoll, Lof
bard 1385 or Main 4458,'jj
We buy and sell only.lf
your interest; we haven?
lavontc stocks.
mSsmgCti
ItANKlIItS & llltOKBnS
6th & Chestnut Sts., N. E, got.
Members of 1'hlla. Stock Richangi'
Direct wire to New Tork
,
Desirable Investmenlsj
Wo specialize in the consent
tive Jltonrls of well estnblishetl
corporations supplying; electric?
ity, gas, transportation ana
other public services in groj
inj? communities. Many of these
bonds are
1
Free of Taxei in Pennsylvania
A list of those now on hand mi
be furnished on request.
Edward B. Smith & Co!
Established 1802
BANKERS
(sirmberB New 'J'orfc and1 PMtaiMjJfci
mock bjconanycm h
1411 PniiiMiT Knitt-T. PniunUaUl
.30 PINE BiaEEt Niw tH
Small Demand for Spelter
NEW YORK. May 10. Conditions In
the spelter market show no change from
those recently prex ailing1. There is little
or no demand either from domestic or
foreign consumers, but' dealers have not
changed their prices,. May shipment of
prime Western brand being quoted at
16i to 17c, (a pound; East St. Louis.
June at 16 to 16Uc, und July at 15 He a
Tne levels given are merely nominal.
Sugar Prices Unchanged '
NEW YOniC, May 10. The sugar mar
ket was quiet and prices were unchanged
today. Ftne granulated was quoted at
7.76 cento and 7.65 cents, while, spot Cuba
raws were 6,52 cents
n
Southern
Utilities Co.
1st Mort. 6 Bonds
Due April, 1933
M Due April. 1933 M
P Price on Aupllcatlon j?
JPamJJiMl'JlSgJjlli'JLIlll"'!'' '"5j mLM0Jmimi'jBr
aBll)'U-(Sj'N?pWuVfT:'ia
We offer a new issue ofl
'3-Year
Convertible Gold Not
Yielding 5.75
Particulars on request,
for Circular PE-99
N.W,Halsey&C
im Chestnut St., I'hlladeltWjl
New York Clilcaeo uan.ro
BOUGHT, SOLD, QUOTgj
CHALMERS MOTOR
CHEVROLET MOTO?
FORD OF CANADA 1
PACKARD MOTOR
PEERLESS MOTOR
ltk.lt. on Motor Stocks sent frta 9A1
Chandler w$Mi
1338 Chestnut Stre".
n.u
lllbcrt 1531
I'hllaiitlpbla, f.
Brown Brothers & O
Tovnrn and Chtstnvt Streets
PHILADELPHIA
Travelers' Cheques
In Denominations of $10, $20, $50 ana $100
payable throughout the,
United States, Canada, West Indies, eje
4'jS - ?
&j&&LLWillllllllllllmsKm&i.