EVENING XjEBGER PHILADELPHIA, TUESDAY, MAY 23, 1916
&
JINANCIALJjRWg
1ALWES AND REACTIONS FREQUENT
I THROUGHOUT DATS STOCK TRADING
W . .. j mi
Paw Recover oome 01 xneir uonnclence and Make Drives
r, at Active issues ueuerai motors Advances 65 Points
I) Chandler to Get Eight Per Cent.
Hinh Points in Todays FLnmtrtni 7vt...
Temporary injunction restraining sale of Pennsylvania Sttel to nthL
'uti'ditwUted in court and permanent injunction denied " Fn.ll, nfe'
iEt of International Mercantile Marine pans exvicted htZZJl"mncet
flSbbir Company stockholders voted tawriblj oXrLetXZT.I
M $7,000,000 to $25,000,000. Gold to th, i amount o ' tfoooonl ?iti0
B bttatea.. Price of bar silver higher in New York t Ld London sZilln
'fflitfaeturinff Company declared ettra monthly dividend of 10 per cent
mt : h.- ,rfcnt was without ft decided fr.nr1i.nm, ,a.. ..... ' M.ay 23'
tc- juo .. -- - -j wnf, mines nnu reactions Imlnn-
tjntgttrt. "Hh Bt ot ,th0 movementa reflecting tho constant shifting of position
he trading element on the rtoor. Some of tho bear operators, who were
l. asrclieo ay -- ... .s, recovered a part of their confUlenco
I 0 taA fcqtiont drives at tho active Issuer after corly advances. Tho .-
,iiUTt.'n,anl on mo noor xoiiowea tho lead of theso bear operators in n. n
I liUnl. offering stoclu1 afl concessions whenover thev fmimi n ini, j . :
' lai UwJ tho market, nt times, seem heavy. . '
Beadinff continued to show a disposition to repress a speculative following
wJatte opening up more than 1 point, later selling at tho new high record nf
.. tho nrlrn flncEPd to below IDS. hit, n Hint fi...'ii ., " ""
,,,, ..... ,---- ----- - - -- - "- "' mo accumulation was re-
.j-i Tho Tlnndlnir secret, whnfovnp It la , v.i ..-. . "
misriK " - i ii8 uu Kepi so rar as ofllclnl
mm 10 concerned. Of course, tho hanking Interests that havo been accumulating
t&ttock since early last March are fully Informed of tho Intentions of tho man.
.,. hut thev are not diffusing ithplr imnviiui.,. .i. ... "
I B.ru.". -- ... . " . -.u w IIIU OUIB1UC public. All
' that the outsider can do la to watch and wait. Meanwhile, the floating sunnlv i
ftfat tcadily Into bankers hands without much regard to tho price.
wiumoit. .." ...y ...uU IUH,JO8a 10 mo attention attracted to Its holdings
I Of HwW common with an advance to 04, and Union Pacific, In which n atronc
h pool to row at work, made a further substantial gain. Tho strength In these
l-'mtntia rat1 a sympathetic Influence for a tlmn nn b. rn,.t ...... c.. ... .. ...
I Thn motor Stocks moved Without rno-nrrl tr, ., .... -. .. . ' .
(I funeral Motor advancing 65 points to G15, and Chandler advancing moro" than 3
I polnW to above 100.
Ijj It Is Understood that tho dividend
;, ins unueramuu i.iut uie aivmcnu on Chandler Motors will bo lncrr.nKf.,l n
ftf cent at tho directors meotlng on Saturday. Marino preferred was weak In
, v .,,.-. o ""T."' ""'"UL.uiiui uunKing circles that tho Kncllsh rw.
18J-M:wD'Dent J""1 mterposoa objections to carrying out tho uronosed ror.rni,n.i
r- JrHr nUn.
, ; I
Third Extra Monthly Scovillc Dividend Declared
NEW YORK. May 23. Tho Senvilln Mnn. .,. ..i ,-. . . .
w. , ... ,, ,, . ,. """"" v-uinpany nas declared an
ftra monthly dividend of 10 per cent., payable Juno 1 to stock of record May "5
EtWb Is the some rate as was den1nrrrl In Anni t- r .. . . J
lilvldend was paid, In addition to tho regular quarterly of 2 per cent.1 "" '
Ooodycnr Tire Increases Capital
WCW Tnnif Mnv !3 Tho nn,l,... mi . ..
i&V- lA , C -" iu ana KUDDer Company stockholders
tave voted to Increase tho amount of preferred stock from $7,000,000 to $25,000,000.
!
er.
Ml
'rfi
IfLEMISH-LYNN HAS
FIRST PLACE AGAIN
ST
SNew Phonograph Stock Is Curb
. ' Leader Motors Are Strong
? Also
r. Annv vnTJir urn., o ami..a .,.inM
,Tas confined to a few Issues on tho Broad
a i:a . .t. .. . .
,T9ieu iu mo now r iemisn-iynn siock,
which mado a further ndvnnpA to Rii. In
Utiu afternoon. Tho buying of tho common
itoclc has a reasonable foundation in the
cwwieago oi me proauctivo capacity ot the
company of 2000 machines a day. Soma
' ftf ihfi mnlnl' ntrtnla vnn nl.n In Vk11p a
I ;Vttal, with Saxon moving up 34 to 77.
Jgyttalted Motors, tho now consolidation,
e'i MlnHnil.rl tn ..linn, ..M...... . .3(.l ..
aifocks to those who received It as partlcl-
.jpaiom in us organization, and declined
liore than 2 points to 63. Pcrlman Mm
jwas another weak feature, falling 4 14 points
to 127. Peerless advanced more thai 4
points, eclling at 25, and Chevrolet ad-
The general market was heavy, with a
good deal of disappointment shown over
the action of Cuba Cane Sugar, which, ac
cording to current reports. Is making huge
.VrofltS. but thpflA rnnnrta hnirrh, ,A .
tnnnA In thA BknnA .....( .. .
m ... n.u(,a wi uuymif una moaeraie
gulling forced it down from 59 i to 57 t,.
3 . 8ome ot ha mining stocks were in good
mand, with Manaton Silver the most
S prominent feature of this group, selling at
- nu iii. mere was an advance of 1
;. points in Acme Tea to 61.
m Price movements in other Issues were
generally to lower levels and Indifference
as generally shown to bullish efforts in
the usually active stocks.
INDIISTnTAT.S
, Aetna Emloslvea lgit ir
t- Am Drlt Mfr is "5
f.An Marconi I I!!! I!;!;:! a S
f AUtntle oUf & yy I 1 . "ftj 42
I Barnrit Oil .... ..:.... .'':'''' 5 4
New York Bond Sales
4i'noo ffiar?olWB B..i"-?h'
iSSs 4nl0-French bb on
inSRS 4mr Tcl Ct -IS UlHi
innnn avi- f-i ... n -xs
77
3H
1(3
.;:r VI LIL II
fiOOO Amer Writ PapTsa.
5222 Armour Co 4Hs ..
VftXn '-j'uii Kii tn
. - vmiouii K.CI1 tn . . . ir.i
?"' Atchison adj 4a 83ft
I.mv.
102
lo:i
toy
01! i
77J
03J
02J
?VVx
r.nnn a.i.XU -. vii .J:
ininnn A.'SKi: .v. 1? JXSii' -iili
.XXX ..'''."wit' r is lutHi. . iim; iu..".
fnnX ViFnl"?.n CV 0a 1M7.. 10l4 101?.
iSSo A,ln.Cof',no ?" 4a.. 8(l'J Hllii
lll'i
Can Oov ng w I 10(1 0ll?J
Can Oov 5a w I 1031.. 1O0H
Can Gov 5s w 1 1021. ooti
Cent, Lathor let Oa..lol?
i'ac lot la DO
A Ohio 44s.. .. IH'i
75
. 13', 4
.113
.l.'l
1)11
, IIKI 5
04i
101
101H
0!)
IHPji
loojl
loui
00
120V4
85
111!,
105
71
DHtf
oM
5
70
04U
024
II-'
108
101JJ
75 J
1S.
hi;
nit
124
lnni inni
.U)T& 107K
.1(1(1 l.m
75 Ti
K5
Sll
H.I
75j(
75?a
t3
M
N2W
75 '
1 4a 74i 74J,
iv 4 Ser 0... 71J4 714
lor 4a fail 85I
iv 4a Ser D wl BH S7I
i. V.MHU A1n fin.. A
T KT"Sr" ."-. -
1 ru -r pay prer...
J. moM Motora ....:
t CnrtUa Aeroplane ....
It, 6fU-Seab
Flemllh Lvnn .
utenlohr Tob ,...,,..
72
88
SB4
57
48
130
OK
. AH
I . 9ft ' OT
I kIaI'1 ikBa",'"r Oar , 85
I ft.?!'?,1"., -r 25
r ,utr Aiir AlnrlnM . . o.
" ci,70llon. Uronie pfd "0
pfeiSSSf?:::1 ::::::::: In
giiaEievator !:.",;.;;:;::.: Si
reerleis Jloiora ...I.i! 4U
E&S3.W r::::::::::::::::: !8
J
I 3 Kreiie S
ttud Motors
sinrine ......
1T1AI1Ia G'IIm. .
ivr.ii-" ,"
:::::::::: 3u
t f ! BMa'or ::;::".w nnu
f USLi'lf Sharing ,'............ 18-16
F WA .H corn ., , 2i
fi. wtlla Motora " J
"w xuni
lllfcoU
so
1
BTANDAnD OIL STOCKS.
,,180
I;
II- Sff"" 180
i f&ii:::::::i:::::i:i
i!i ! New .Terser :: '! ::" 111
I m m jjw York . , , ; , . , ; , , ; ; , ; , ; ;
oTyun oil STOCKS
,51a
!09
t4en on
ffii"H..a
r ui. y
m fyuiion nn
MMMft
a mi,s iyj, .........;..;.;; 1?
MINnwn Tnfirn
VApwa-aa:::::::: in
Ifo'-.v.-.v.v.:::::: slt 8f
J
K
3i
VB
fiU
'I
a
too
B
IgH
a
8
s-sS-e;;;;
w? souni'::
m.Uutler " "
.Etension .:::.: :::::::. s
riTaciK Z nn " r "" ' tai
fe?S feiiii-iiiiii
: ' ,1 ,?
w sad:::iii;iii:::::;i: ! " fJS
C a wnu".
Banit rr.KAnTvr.s
f ufii larinat today compared with corre
MWnHn, day Ust two VW?' ....
ktriTT " t'w.woo.wMU ia,Hui,uui faS.i2'?i!5
gPfU 8l.82fl.(.5 T25.S52.120 2l,77,l)83
4,ue,Tii -i.40S,HTa U.UU..13B
,002.6l!d 11 320 403 11 220,2l
63,723.233 4SJ174.432 C0.i02.103
RATES FOR 5IONEY
FISBBfi- ::::::: tt
cfflf? ' 5.. ..
ClUcasa
:: 3V4 04
Tiros.
Money In London
f-ON'DON' Mav S3. Hf.i.tov 10IU tier
fc 2t J ount rte, short bjlla i i per
H , Thrjeo swath' bllla, ift,.
nnhh i ;.V"tV"u,V '" ?'lit
,7000 Mat ft Ohio 4a... nii!
128000 Halt & Ohio cv 4Ua.. 011(5
?000 II iOPI, EftW 4a 8S
01000 Halt & Ohio 5s 10054
1000 Uruns & Wn 4a I14W
.1,S221!r,kn ntt" Tr na 1U18.101
2000 Ilrkn Un Klv 1st 00..101W
11000 Cal Oas ft Eleo 5... Olitj
77nnn in tin., r.a ... 1 mini miir
luouu can
440011 Can
1000 Cent. Leather 1st 5;
2000 Cento Pae 1st la DO
410OO Chea
400d.Chea A 1
1000 Ches 4 Ohio 5a 105
uuimi sn ui west 4s...... 71
8000 Ch 11 k Q loint la... U8W
2000 Ch 11 & Q 5b 4s.... 084
ioooch n & a 111 4s..., niW
6000 Ch W Irtd 4s....... 78
3000 Ch J! A Ht P rfd 4fe a lllfl
4000 Ch Mil t St P gen 4s 024
1000 Chi- Mil ft St P dlv 4s 112
4101)0 Ch Mil & Ht P cv 5S.KIHH
187001) Ch M & St P ov 4Ha.l0jiJ
27000 Chi Mil & St P 4s 11)23 D4Ji
-uuu 101 inausiriai ds,...
0000 Col Midland ct 4s...
21000 Col & South 4Ws...
11000 Col A Midland ct 4s.
1300 Cona'Qna cv (Is
5000 Cumberland Tel 5a..
loooo Del A Hurt conv 4s..
5000 Del A Hud 4a 101U..
7000 Pen A Ohio Or 4s...
4000 Den A Wo Or 5s...
0000 do 4V4s , ,.
13000 Detroit United 4',4a.
""v j.110 oecur worp
mm, r.rio sen -is
luuu r.rie conv
loooo Erla prior
321600 do conv
3000 Fla A Hast Co 4bs.. 03
U0OO Oreen Hay 12
uiioi) uen Klec deb 6s....
4000 Oen Elec 3V4 a
10000 Hud A Man rfd 5s.
1000 III Western Lines 4s
5000 111 Cent 4a '53, ....
18000 Interb Met 4 ',4 a .,
8000 Interb II T rof 5s .
13000 Interb M M ct 4V4S..10
3(1(10 Kan City Tor 1st 4a. BS
23000 I.acka HI eel 6a 1023. 00
2000 Lacka Steel 5a 1050. 02
1000 Lk Sh fleb 4 sl931.. 04
2000 Lorlllard 7a "t
1000 Manhattan Sta 4s . . IIJU
2000 M 8t P 8 S M 4HS.103H
auuu jio ivan 1 st -is... ti
1000 do 3s t)0i
1000 do 6s 1D20 80
2000 Mont Power 5a 0T
6000 Nat Tube 5s lot
8000 N Y C A II conv 4a... 85
uuouu 00 US, ,,..,.,, .
5000 do SVia
40000 do 4Hs.,
0000 do reK 3Hs. ...
1000 N Y City 4s 1037.
10000 da 4Us 10(10...
1000 do 4Ms 1063 107S 107H
10000 do 4Hs Nov 10D7..107i 107U
iuuu 14 y uai 11 r os...iuo iuo
8000 N Y N II A II OS 112ft
11000 N Y llwy adj 5a 38'i
10000 N Y Tel yen 4H.,.. 08li
2000 Norf A West cvt 4 Vis. 125
41500 Nor Pac gen 3s (U&
ouo ure Mnort 1, rer -ia. . vi-.
1000 Ore Ky A N con 4a. . 02i!
171'iMi 1'acina iei ds. ...... iu
6000 Penna 6a ..,.,.... ...103
5000 do sen ct 4Vis..,.101
5000 Tea A Cast 1st 4a... 70
3000 Phlla Co cv 1022 01 01
1000 Pub Serv N J 5 03 . 03
15000 Reading gen 4a,,,,., IHtt 04H
2000 Itep Ir A S 3. ..... 08 , I)SC
Island rfd 4a,, 74 4 74(4
Island 5a ml i fi(t(i
I.mn 11.1 T m, L C K 1 rtn L 1 inl
illll.l Dl 14 4 au SC(, uo,, .11173
17000 StL A SF rfd ct sta 4a 72
10000 do (en ct , ('3
61000 do adj w I,,.,,.,, 70.,
12000O do a w 1 ,,..,,,,, (Wi
10300 do In. w.l .-..... 42
8000 San A A Ar P 1st 4s 65
6000 stand Qaa Its,, 102.,
2000(1 Saab A I, adi 5s,,,. 071
15000 do Sta 4a ........ 82,.
35000 So I'ac cv 4s, ...... HSU
IfianOO An ev 6a . .10.1T4
12000 do rfd 4a ..,..,,., 00
Close.
102
03.
io..7;
100
IU;
107J.
7'5?
03
03
854
1005I
10(11
mi;.
K(1U
02J4
111 I
1111
8H
looH
04 (I
101
101V4
01)
00J4
100
00
llUTi
00
1205,
85
onj
111.1
71
OS
08'
1)3
711
loij;
04
75I
13J
8iy
113
121.
KIKj.
107H
100
811
03
l"
10IJ 10IV4
JVi h."4
70
110
85
71
08'
87J
03
82'!
(4 Dlljl DOW
74 8.1S H574
73 H 74
Vj 08 0HV4
102 102S
H 88U 8S'i
H lll)ti lll)4
02K 02
(4 ll(i! 04(4
K lL'llU 12(1(4
103H 10 t'J
77 77
00U (10'i
jtl; jtii
8 B0 804
07 07U
(I 101U 101i
R.I R.I
U4K
114H 1141,
82 82
IH'i 04
8254 82V,
100 100
10?H 102
nyj ioo
AH WHY,
1H 1011
Or! 70S
1000 Rock
24000 Rock
1000 Rock
100V5
is
3
HO
102.,
117 K
81
on
J03J4
uofj
3o5o South llwy.aen Ba,,,, 7lV .71
8000- do con 6s ....IOItI 101H
00OO South Rwy St L 4s,, 82 82
T0
I'M1!
.Sll
itmi, lexus iu w us. .,.'- 74
1000 Third Ave adj Ob.... TOVi
OO60 Toklo 5s .,...,. .,,,,..I7?t .UH .77
14000 tl S Steel sf 8s. ..,,,101(5 Ijj 103
4000 Union Pap 1st Js,,,, OJK 07 J 7
500OO do cv -is ,,,4,,,,, 0.1 vj 015 1)3
2000 do rfd 4a ......... 00 8B 80
6000 Va.I C&C 1st 8s,., 67V, Mil 5J
1000 Va Hwy 5s ...,,,.,, 08 DS 08
p! Wabash lit 'Si,,' ...103U 1M 13
IBOO AVest Md 1st 4s.,.,.. .73 73V, .73
1VI0 Went E&M CV OS W1..123ti Ji'l'.J 41
la wl. .1
8000 West Union 4Vis.,..9? .??
?000 do 6s ........ ...,iut jdi id
.000 Wheel A L E Ji.." 70 70 70
1000 wPsVcW nen'l..:.. 83VJ 83H 83S
NEW YORK BUTTER AND EGGS
NEW YORK. May 28. .BUTTER declined
Vic. all grades creamery on large offerings.
Receipts.. 18.434 packages. Eitra creamery.
SoVi OSOVic, hlfher scoring, aofcwalHr.
Sta dairy. SOOaOhc.) Imitation creamery. 37
0; .., .An...i n.nri.. BBi,r n.
i i
olor.
More Oil Companies to Merge
NEW YORK, Way 3J. So successful
has been the merging of several companies
into the Sinclair OJ1 and Refining Corpora
tion that at least two other, c-jmolnatlona
are In the process of being formed Bank,
ing Interests are now showing more willing
ness to co-operate with oil companies than
ever before in the history of the Industry
and, with this help, oil compantes. It la
prophesied, will soon reach their highest
plane
New TorH $toch Sales
Last cloxe. ltltth.
HO
8,
22!(
27
74
SOU
1UM
01
. , tUBBl Kill"
Adams Emrvsi 133
iaie j Gold M.. .... 0
AaskaQoM Mines .... 2254
Allls-Chalmbers Mfg..., 28H
ra tlect Sucat 7.W
Am Can.. , so;,
Am Can pf .,,.,.111
Am Jif ft V,v niK
Am Coal Products 167,'t 167H
Am Hide A Loalh(f. .... ou nu
Am Icoecutlllea.. ...... 28 28U
Am Unseed. ,. 23 22
Am Unsosd pf,, ., 49 49)
Am U)comoUe.. .,,,,,, 7ijf 72
Am Smelt &nef.. ...... nou 102U
Am Bmelt & 11 pf.,.,,.,113J H3J
Am Steel Foundtlps.,,,. 62V 62
Am Sugar neflnlngi,...,li2H iI2t
Am I! Xcl .''"120M, 120H
Am Tel A Cable. , ...... 00 07
AmTobocco. .........202M 200
"m )).?. cn pf 03 OSH
AB Vi'lllyg P Pf , 18H 18H
AmZlncL&Sm , 8SJJ P8)
Anaconda CopM 80). 80H
A fh Top AS F pf 100J, 101
At Coa I. no no 114
"Wlte..., 89 89
OaltAOho., l)2! D4l
Bait A Ohio pf 70 70)
Hatopilas Mlnlnu ' 25 2)j
Hethlehem Steel 445 439JJ
llothlchem Sleol pf 135 135
Brooklyn ItapTr 87f 80J
Butte A Superlot 04vj 05
Cal rcttolcum.. ,.'...,.,, 23 2211
Canadian racifla 181 182J
Central Leather 64)4 64l4
Central Leather pf ni)f m'jf
Chandler Motot 07 100(
Ches A Ohio 04 04)
Chile Copper 21) 21H
Chlno Copper 64!( 54)
Chi Great West pf...... 3S5f 38M
CM Mil & St raul 100 10M
ChIM AStPpf 120K 129H
oco&stLpr ,. 81 si:
Chi A Northncstcrn ....130W 131
Chllll&rnc 10H 10H
Col I'ucl A Iron 43JJ 441?
Col A South pf 64 61
Col A South 2d pf 46H 45
Consolidated Oas H0) 141H
Continental Can OoM 0'iH
Corn Produco Ilof lOVi 195f
Corn Prod Ilcf pf oiVf O.'i
Cruelblo Steel 8-IJJ iSJi
Cruciblo Steel pr 117H 118
Decro A Co pf 89 89
Delanaro A Hudson 151 155M
Bel Lack A West 220 227
Denver A Illo Or 15 15
Den A Klo Gr pf 28!f 29
Distill Sec Corp'n fl5 61Ji
Domo Mines 27f 27
Klec Stotago Bat 05 04
pile 40Jf 40h'
r-'lo 1st pf 55 55H
Erie 2d of 47W .I7lf
sFed Mln A Sm pf 42 38
ucncral Eclctrlc 172Jf 172H
General Motors 400 515
General Motors pf 117 USH
Goodrich II 1' -fi j 70
Goodrich D F pf 115J, 1151i
Greede-Cananea 48 48
Great Norteern pr 123!f 123M
G N cfs for ore prop ... 41H 41M
Gulf States Sleel 75$ 75j(
Oulf States S 2d pf .... 77 70Vj
Illinois Cent 105 100
Int Agricultural pf 50 6054
Int Con Co v t c sh.. 18J 10
Int Con Corp'n pf 70 76f
Int Paper pf 405i 47
lnsp Con Cop 45Jj 405j
Int Nickel v t cfs 40 40Vf
IntMMcofdep 25 25)
Int MM pf c of dp . .. . Ul)i 91a
JeelTea 8854 88
Kan City Southern 27f 27M
Kan City South pf 015f 015j
Kelly Spr.ng Tires 735a 73li
Kennccott Copper 505S 505i
LackSteelCo 7054 71
Lehigh Valley 825i 82Jf
Leo nuDDcr Tire 48 4S!f
29 30
1295. 1315,
855, H54
.12955
CO!'
1205
07
88
00)4
5054
0754
1085J 110J4
3054 30)4
1245
454
1154
754
755
73U
2454
07
18
0354
Long Island...
Louis AXash ,
Mackcy Cos
Manhat Klvgtd
Manhattan Shirt Co
Maxell Motors 8554
Max Motors 1st pf 00
Max Motors 2d pf 58
May DeptStoros 075f
Mexican Petroleum
Miami Copper .....
Minn St PAS SM....121
Mo Kan & Texas 454
Mo Kan A T pf ll)f
Missouri Pacific 0!f
Mo Pac tr cfs 054
Nat Cloak A Suit 74J4
Nat Enam A S Co 21
Nat Lead Co 07
Nov Con Cop 17J4
N YN II A II 03
New York Central 107)4 10354
NYO&W 28)f 28)4
Norfolk A Western 120l 12054
Northern Pacific 11554 115)f
Ontario Silver Mln 05 9
Penn Itallroad 5S 58)5
Peoria A Eastern 11)4 1154
Philadelphia Co 41)4 41)4
Pitts Coal Co N J 285f 2854
Pittsburgh Steel pf 0754 07
Tilts O 0 A St L 82 ' 83
Pressed S Car Co 47 4054
Pub S Corp N J 13154 131
Pullman Co loajf 101154
Quicksilver 3 2J4
Hay Con Copper 2354 23!f
Reading 109)4 1105X
Heading 1st pf 43 44)f
Heading 2d pf... 40 -48
Hepubllc Iron AS 4854 48
Republic I A S pf 111)4 1115f
Ht L Southwest pf 4254 4254
Seaboard Air Line 1754 1754
Seaboard A L pf 3954 40
SbatAnz Cop 325f 3254
Bloss-Shef S A I 55) 4 5454
southern Pacific .,..,
Southern Ry
Southern Rypf 0754
Standard Milling pr 93
Studebaker Co 138
Studebaker Co pf Ill
Texas Co 10354 193
Texas Pacific 12)f 12)4
Third Avenue 0354 0254
TolStLAWest 0)4 7
TolSt h A Wpfcdp.. 10 11
under Typewr 10454 100
Union Bag A Paper pf . . 31 30W
95J4 07JS
14254 143)4
Union Paclflo pf 8254 8254
U H Ind Alcnol 15754
United Hyslny Co,.,., 1054
United Fruit..... 158
US Rubber 54)4
U S Steel Corp'n 8554
U B Sleel Corp'n pf 117
U 8 Km R AM 7054
US Express ,.. 3154
Utah Copper ,' 8154
Utah Securities 17
Va-Caro Chem 43
Valron Coal A O 48
.100J4 101)4
. 235 24
0754
14254
111
United Cigar Stores,...
Union Pacific
Wabash 15)4
Wabash pf A 51)4
WabasnpfB 2954
West. Union Tel 0454
West E A M , 0254
Western Maryland 325
Wheel A Lake Erie.,,,, 5
Wheel A L E 1st pf .... 1554
Wheel A L E 2d pf 054
Willys Overland 270
Willys 0 pf srf p ,107
WUionsin central 40
WoolworthFW., .,...., 135
Quoted ex dividend.
158
1054
15754
MM
8554
11054
7054
32
Hl)i
17
43
50
15)5
51
20J,'
05
03
33.
554
15
654
27054
107
39M
135
Low.
143
814
2254
27 ,
7354
60
111
01
165
0)4
2854
22!f
4954
71
0954
11354
62
112)1.
129
07 ,
203!f
9854
1854
80(4
85)4
105J4
101
112'
8854
0254
70
254
435
133
80J4
94
2254
18054
64)4
1104
9754
0354
2154
6354
3854
0954
12954
8U4
130)4
10 '
43
51
45
140
9554
1954
95
83)4
117
89
165
25
U!4
28
5054
25f
04
40
5454
4754
3S
17254
405
11754
70
11554
47)1
12254
4014
7555
7054
103)4
51
1854
70
47
4554
45)4
21
87)4
88
20)4
0154
72
5554
70J4
8054
48
2954
130)4
c45i
12954
07
85)4
9
59
07
10754
30)4
1245f
454
1154
0!'
0)4
73'4
235'
07
17)4
0254
10054
28
125)4
11454
0
58
1154
4154
2S
97
83
4054
131
103
2J4
2354
107)5
44
48
48
11154
42 '
17
39
32Ji
54
10054
2355
0754
03
137)4
111
103
1254
02
7
11
105
30)X
9054
14154
82)4
150
054
15754
5454
8454
11055
7554
32
81
17
43
50
1555
4955
2i54
9154
0254
3255
5
15
SH
270
107
3954
13154
Close.
140
?J4
2255
27
7354
50
11154
01
165
054
2855
2254
4954
7154
101
11355
62
,112
129)4
07
200
08)4
18)4
8754
85)4
10054
101
11254
8854
9354
7054
254
439'4
133
8054
01
224
160)4
04),
111)4
10054
03)4
21)5
63J4
3854
10054
129J4
81)4
13054
1054
4454
61
45
140
07
1054
05
8354
117)5
t9
15555
227 ,
16
28)4
60!4
20
04
40
51)4
4754
3S
17255
515
118X
70)5
115)5
47)4
12255
41)4
75)4
7054
104
5-1)4
19
70
47
4554
4554
2554
8954
88
20)4
015i
72)4
55)4
71
S0J4
48)4
2954
13P4
8454
12955
07
88
9055
6954
0754
11054
306
121)4
454
1154
0)4
0)4
73'4
23)4
07
17)'
0255
10754
2855
12554
11154
0
58)4
1154
4155
28
07
83
40)4
131
1G3
254
23)4
108)
41!'
48
48
111)4
' 42
17
30
32)4
54
1005'
2355
0755
93
139
1113
10J
1255
02
7
11
105)4
305'
07
14154
82H
157)5
9)4
157)4
5455
8155
11015
75)5 1
32
81
17
43
50
1554
50
2854
9454
0254
3255
554
15
015
275)4
107
3954
13454
LOCAL MINING STOCKS
TONOPA1I STOCKS,
Bid.
.07
Htenston ,,,..,., gft 8K
iV.'?:::::::;:::::::::
, 1.18 JSI
Jim Butler
M4CtHttUI4 . ,...,,,,,,,,,,,, . mm
Midway .....,..,,.,., ,,,. ,21
MUpah Extension .,,..,,,..,,,.. .2s
Northern Star .................. .18
Tonopah lielmont
Tonopan r.xieni
Tonopah Mlolns
jteacue cuia
West Bnu
UW44U4 4E.4.U DiUUMI,
Atlanta 7. , 12
Blue Bull .' ...,. .03
Booth ,.... -2?
IlulldoB- ,,..,, u
c u u
Combination Fcaotlon
Uiumoadfield B II
TtalaV
Florence ,,....,.... .4t
GbldAell Consolidated ,.. ,83
uaianeia Merger ,
Jumbo Extension
Kewanas
MISCELLANEOUS.
i'airv Axteo -..- -Ot
Ktmberly , P?
3vJ?.a,.,l
jw
.28
as
.20
4"w
I
.03
.04
11
:?t
Hrtxia. lkfla
Na.da. Wonder
'.si 2'
i
.03
a
.08
.40
.83
:ll
:oi
.23
IS
2.23
WHEAT PRICES RALLY
AFTER WEAK START
Free Profit-taking by Shorts,
and Bad Crop Reports Helps
Market
GRAIN riELT WEATHER FORECAST
, CIIICAOO. Mitj- M. The Vfeathef forecast
for SB hours follows! . ... 4 ... .
Illinois rnrllr rloudj- Innlsht and Wed.
netnari epoler extreme northeast. ,
MJourl rnrllj e loudr and rrohnhlr on
fdletl (onlsht and Hednesdnyi not miitli
chnnae In temperatures. .... ,
tt l.ron.ln rnrtlr eloudr tonight nml
Hedneddiiri somenhat cooler Wednesdnr
tremo enot. ...
.. Sllnnefoln rartlr elondr tonight nml
Mennesdnrt rooler Wedneadnr northent.
lona rnrllr clandr tonight and Hednes
Joti not murh change In temiierntures.
.North Knkoln rortlr floydr and prob.
abtr. nnsrttlrd. tonight and Mtrinesdnri not
murh ehnnae In Irmperntnrc. . .
South Dnkotn 1'artlr elondr tonight nml
uennedar, probably shoners westi not
rnurh rhnnge In lemperntures.
Nebrnskit Unsettled tonight nnd Mrdnen.
da, wllh showers Wednesdas . nnd west
tonight) warmer tn.southwet tonight, rnoler
wet tomorrow .
Ivnnns Unsettled tonight nnd AVei!nr
day. nrtihublr showerai not much chnnse In
leniperntiires.
CHICAGO, May 23, Freo proflLtnltlng
by Bhorta nnd buylnp; by some Important
Onus milled tho wheat market today nftor
It had shown further weakness, under the
lend of May, earlier.
Tho recovery was helped by n bullish
statement on tho yield of Kansas by B. W.
Snow, reports of Hessian fly In southern
Illinois nnd of a crop disaster In Itussla
caused by a heavy frost.
Tho lnttcr was circulated by tho Over
seas N'ews Aconcy, of Berlin.
May closed slightly below Inst night's
final price, but July nnd September, ended
higher.
Mr. Snow said that the latest KansaB
Department of Agriculture report, putting
the production of tho Stato nt 108,000,000
bushels, probably fairly represented tho ap
parent situation ten days ago, when the
data were gathered, but that ho believed
that present prospects wero for an outturn
of less than 100,000,000 bushels. He ex
pressed tho opinion that this would bo con
firmed by tho next Government report.
Tho market nt Liverpool was weak ou
free arrivals. The present world's supply
is tho greatest ever known at this time.
The visible supply In tho United States
nnd Canada, according to Uradstreet's, Is
63,400.000 bushels, a decrease of B26.000
bushels for tho week and compares! with
24,900,000 bushols 11 year ago; In Canada
It Is 61,178,000 bushels, n decrcaso of 2,
171,000 bushels for tho week, nnd cornpares
With 14,709,000 bushels last year; in Ku
ropo (Continental stocks omitted) tt 1b 94,
800,000 bushels, an Increase of 1,900,000
bushels for tho week, and compares with
73,400,000 bushels lost year.
Lcadlnc futures rangod as follows:
Yesterday's
Wheat Open, High. Low. Close, close.
May I.01IW l.us l.UK 1.07H tl.7
July MISS l.onji l.()7 l.nuti l.osji
September .. !.()(, l.luVa 1.0S1 1.0'J's I.U'JH
t;orn (new nempryi
May 72J 73'i
July 71 J 72,
September .. do's 70V4
uais
May
July
September
l.ard
May . 1...
July
September
Itlbn
Mny
July
Septembyr
May . 77. .
July
September
11
. as,
.12.7.-1
.12.77
.12.82
43U
40S
:i84
7i; 7n
70S 17li
Oil 70H
8i
(ini
43'i
38"
12.77
12.B7
.12.80
.12.70 12 7.-.
.12.77 12.83
.23.70
.23.10 23.10
22.7.1 22 H.I
42f
41)JS
38H
112.73 112.H2
12.(1.-. 112.72 12.77
12.77 '12.80 12 87
tt2.7.-. 12.73
12.07 tl2.72 112.72
12.75 12.77 T12.77
Bid. tAsked. (Nominal.
22.80
:.,"!)
23.B0 a.i.n.i
22.1)0 123.2(1
22,77 22.85
COTTON PRICES UP A LITTLE
AT OPENING; DROP FOLLOWS
Spot Houses and Southern Interests
Buy From Wall Street
NEW YORK, May 23. Overnight selling
orders to commission, houses held tho cot
ton market In check this morning: Tho
early tono was about steady, with prices
2 points higher to 4 points lower. Spot
houses and some southern interests wero
buyers, while room traders nnd Wall Street
sold Liverpool was a moderate purchaser
of March.
Weather conditions In the South wero
Ideal from tho crop standpoint. It being
clear in tho" west with good precipitation
cast of tho Mlsisslppl River. Temperatures
were generally somefvhat higher.
The early declino carried tho active
months about 9 to 13 points net lower.
Liverpool broke sharply after tho local
opening and there was considerable scat
tering liquidation hero on the favorable
view ot the weather man. Trading, how
ever, was not active enough to indicate any
material chango in tho spot situation, and
nt 12.98 for October tho market mot more
support. Prices rallied sovcral points In
consequence, but met renewed realizing or
local selling on tho bulges nnd was still
more or less unsettled toward mid-day.
The rally of flvo or six points from tho
early low level met Increased offerings
toward midday and prices cased oft again
in a comparatively narrow market.
Tomorrow will bo the last day of trading
In contracts for May delivery.
Tho receipts of cotton at tho ports for
the day wero estimated nt 22,000 bales,
compared with 18,120 bales last week,
16,835 bales last year and 11,695 bales in
1914
Yea'day'a 11:00 12:00 2.00
rinse. Open a. m. m. p. m,
March 13.311 13.3(1
May 12.03 12.02
July 1 '"I l'"-W l-''"s 1"0, '-'-"I
October 13.08 13.0H 1S.01 13.03 12.1)2
I)ecember ..- 13,22 13.18 13 14 13.17 13.0(1
JanuSVy .::. 13.23 ..... 13.10 13.22 18.11
August 13.12 13.15
Liverpool Cotton
LIVEItrOOI,. May 23. There was4 a fair
business doing In spot cotton today, and
prices were 3 points lower, on tho basis of
g.Old. for mid-upland. The sales aggro
gated 10,000 bales, including 8000 bales
American. The imports wero 25,000 bales,
Including 22,000 bales American. The mar
ket for futures closed easy at a net de
cline of 26 points.
ALLOWS PENNA. STEEL CO.
TO SELL TO BETHLEHEM
Injunction Restraining Sale Dismissed.
Permanent One Denied
NIIWAUK, May 23. Judge Itcllstab, In
the Newark branch of the United States
District Court, dismissed tho temporary In
junction restraining the Pennsylvania Steel
Company of New Jersey from .selling out to
the Bethlehem Steel Company for J31,
941.030. At the same time the court denied the
application for a pdrmanent stay. Counsel
for tho complainant, C. H, Venner, of New
York, minority stockholder, gave notice of
appeal.
The Pennsylvania Company's side of the
case was presented by John R. Harding, who
argued that the dissolution was not in viola
tion of the Federal or State trust laws and
that more than two-thirds of the preferred
stockholders and 99 per cent, of tho com
mon stockholders favored the sale.,
Mr, Harding, on behalf of the company,
volunteered to place with the Court Indem
nity for any amount to secure Mr, Van
ner, The Court directed defendant to Hie
bond of JIO.OOO for this purpose.
Mr. Venner holds Si shares of common
stock, which, according to the defendants'
counsel, was acquired April 14 last after
notice of dissolution had been sent out.
Mr. McCarter said an appeal would be
token.
LIVE STOCK QUOTATIONS
CHICAGO. May 23. HOQS Receipts, 16.000
Market steady. Mixed and butcners, JS).B5t
lO.OSuttood heavy, ID.TWU M: rouh heavy.
tD.4QtlS.TO. light, lO.soinO: yiss, J8.0QtfU.4u.
bUcA,rri.E-Re'lpts. 3500. Market steady.
Beeves, 810.0: cows and heifers, J4.15&
0 (SO: stocker and lAV.' e8.O0 : Teifans,
7!B0e25: calvesv tStfll-
SHKEP Receipts, T 15.000. Market strong.
Native and Western. 10.2589.00. lambs, tSti
12.80.
Bar Silyer Advances
LONDON. .May S3 Bar silver was quotsd
at 34Vid. today, an advanca of Htt
In Now York qotnaterelal J bar alher wai quoted
today t HH&. sn!" Hie. T
Sales in Philadelphia
15
h
20O
30
Boo
n,1
33
nl
10
23
40
310
2
4
100
t
1173
2
4
10
12
375
220
.
2400
1180
2lO
51
121
21X3
10
mis
100
tiooo
2P0O
1100
1000
1000
loo
13000
7000
300
1000
11000
3000
AlllsncO Ins .
Am Itwys pref
Halt ft Ohio .
Cam Iron. ...
Col P. Ir .,
Eiee stor
11111.
If
I.
40
1
0
n
it
:
w. Close.
Net
ehire.
Me ,..,,. 40H 40'
Int M SI pfd te 80J4 88j
.;" "".-.-- ' r'- r
uenne vop .... ou
.nae .hup t-orp hi
.h Nnv . 7nti
Lh Vai 22
.It fthnvlklll . n4
Mlnehlll .. tmt
Nor I'ac ...n.llSH
Nov Cons ..... 1SA
I'enna n, n,.,.,09H
ra Ban writ.. 100
I'enna meet pr. 0
I'hlln Co ....
1I0 cum pref
tlila T.-lf...
n i t r. .
nt.ll. T.... . 4rtl
Heading .. . . .'..lloS
4 11'
4
04 1H
43 Ml.k
.4P. .!
8!'!(l
.-
4
j.
27H
is
Ileadlnir ....
TrinnitAh llt
Tonopah Mln
iinon irac
U U I .,
17 8 Steei . . .
AVelsbnrh Co .
wnrwicK
Cramp &
&
Ions
BONDS.
83",
43J4
104
ttJ
niih.
Am O tllec tin 1)21,
Hold t, 1st As.tOI
Klec ft I Tr 4s H1H
I. N com 1H H12M
. O'.i?
'?
WW Vt 71
8 3
22 22 , . . . ,
M ilk fit"
18 18 .....
(18. nil, H
i loot l(")t
H P8J KS'i H
V 41V 41i 4- (
42U 43 H
S7tt 27H .....
17H IS "4
70 7(1 . ....
nW n't -s.ln
81 83, H
43$ 43W .....
l(Hj 10. k
83 83 Is
Net
Close, clice.
02 SI
104
do
o 4ta 'n:l
i.n vi Tr ns.
Pa Co gn 4 Via.
PWill t o 4s.
I'hlla Klec 4.
do 3s
Headline un 4s.
Span-Am I Us.
H 'Z
HUH
ntiu
81
lniu
.1H
102
Low.
11)4
.80.H
tlW
lOllJi
0!I.
l5tH
.1)44
103
KIU O-IU
100 4 i
02C J,
lOIJi .
0'l
81 1
lOlU ,
.tt4. ,
102 V
Local Bid and Asked
Ilaldwln
do pref
Hurt ft Bus t c
do pref
Ilrlll J II
r.lec KtoraRO
Uen Asp
do pref
Key Tel
Today
Bid. Asked.
. KS NO
.11)11
. cut
. r.8
. 38
. 02H
. it.
. 70
Corp
dn t
dn prrf
Lake 8up
Lehlah Nnv
l.eh Volley . . .
I.oh Val Tr ...
do pref ....
Penna
rhlla Kleo
I'hlla Co
do 3 p e pr .
do II p c pr .
Phlla P. T t o .
Iteadtni; ,
Ton liel
Tonopah Mln . . .
Union Trao
I! O I
t' H Hleel
York Hwy
do pfd
Wm Crump t c
110
D2
00
411
114
33
71
14U 14t
14U 14K
. on no
. 10 lo'i
"". 11..
. 80' 81 H
, 8I 22
, 43 4314
; 88 i
. 3D 40
, 42 U 421,
. 171.4 17 U
.108. 10HH
4li 4"
431,
88
85M
14
an
83
Yesterday
Bid. Asked.
80 BOH
1011 . 11(1
nv,
43
87 i
8S
14
.-mi
81
INI 4 Ti3
n7' no
38 40
(13 01
32 33.,
71 7lH
14U 14ji
14U 144
08 (II)
10 lll'l
73,'li 77
82 V 83
43 iS'i
r.7S 08
311 40
42 'I 4214
174 18
100 100J4
4 4.
4 4!it4
874 88
8.11 8.-.U
14 14
:?,K ,111
IMPORTANT MARINE PLANS
ARE CAREFULLY GUARDED
Announcement Is Expected Soon by
Well-informed Circles
NEW YORK, May 23. Tho strictest
secrecy Is hclns maintained to those who
have been actively Identified with nffalrs of
tho International Mercantile Marine Com
pany with respect to tho plans which nre
under consideration, although expectations
In well-informed circles are that an an
nouncement will bo forthcoming nt an early
date.
It Is understood that plans now being
discussed, if fully carried to completion,
would prove tho most Important nnd far
reaching that havo been mado public In
the financial district In recent months.
It is pointed out tho American Interna
tional Corporation will provo an Important
element. It Is officially stated that the Com
mon Stockholders' Committee has not yet
agreed to tho terms provided In tho tentntlvo
plan prepared by tho Preferred Stockhold
ers' Committee, although this phase of the
situation is not causing much anxiety to
the latter.
FOREIGN EXCHANGE
N'lTW YORK, Mny 23. Tho market for
foreign exchango in tho first hour ot busi
ness today was tiulet, without notable
change In rates or character. Quotations:
Demand sterling, 1.75 13-16; cables,
470 9-IG. Franc cables, 5.914 ; checks,
5.92W. Ilolchsmarks, 774077 3-1G; lire
cables, G.30Vj1 checks, 6.31. Swiss cables,
5.2314; cables, 5.24V4. Vienna, 13.55
13.40; Stockholm. 30.4030.50 ; pesetas,
19.85(8)19.90; guilder cables, 41H ; checks,
41. IlutJlos, 3O.G930.70.
Around midday the market continued
very dull. With tho exception of a very
slight shading In French cables and an
easier turn In Swiss exchange quotations
wero unnltered from the earlier figures.
No explanation was available for tho re
cession In Swiss which developed on
Monday.
There wero fairly large offerings reported
for Swiss checks, while the demand was
moderate. Quotations; Demand sterling,
4.75 13-16; cables, 4.76 S-16; frano cables,
5.92; checks, 6.92 ; Swiss cables, 5.23U,;
checks, 5,24i,4 ; rolchsmarks. 77V477 3-16;
lire calbles, 6.30; checks, 6.31.
Financial Briefs
Joseph II. Straub has been nominated for
chairman of the Philadelphia fV.ock Ex
change to succeed George W. Palmer,
deceased, The election occurs June 1. The
nominations closed yesterday and the only
nomination was that of Mr. Straub. Mr.
Straub Is at present vice chairman.
The New York Subtreasury gained J593,
000 from banks on Monday, making a cash
net gain since Friday of 1.987,000,
It is understood hero that the American
Car and Foundry Company expects to get
a large shell contract running two years.
It is now Uttlng up its Detroit forge and
rolling mills, which have been Idle tor the
last five years, for this work.
NEW YORK COFFEE MARKET
NEW YORK, May 23. The local coffee
market opened barely steady this morning,
with prices 2 to 3 points below the final of
yesterday. There was considerable liquida
tion at the start, but commission houses
were fair buyers and during the forenoon
a slightly steadier tone developed and prices
regained a point or two. Buyers were ln
cllned to be cautious, however, and while
bullish views were entertained In somo
quarters there seemed to be a disposition
to await further developments in Brazil,
where the new coffee crop will be moving
in tho near future.
too ay a
May
Juno
July
Aus-uat . . .
September
October ,
November
December 1
January .
February ,
March ..,1
Bid.
opening.
. . H.3
..'B.ilH
.. 8.70
, 8.1)2
.8.1(3
.11.00
,'U.IO
Yesterday'a
close.
8.1IIIMW.H2
8.113 n 8.84
8.(1319 8.011
8.72W8.73
b,7U8.80
8. 84 it 8. 85
8.8UO8.0U
u,04i
H.UU4
u.uf
0,08
'0,11.1
'0.00
ll.03
l,10
DIVIDENDS DECLARED
Eastern Bhore Oas and Klectrlc Company,
rate that has been dclarcd tor the past year.
I.r.OAI. ADVKBTISKMENTS
NOTICE IS 1IEKEUY GIVEN THAI
by Ida H. Oetter. Robert f. Irwin, Jr . and
simuel J. Ferguson, uodertha Act of Assembly
"An Act to provide for tho Incorporation and
...ulatlon ot certain corporations," appro u4
April 20, 1874, and the supplement thereto,
for the charter of an Intended corporation to be
railed Philadelphia Tea Company, tho character
and object of which la to, manufacture, purchase
and sell, vend and deal In, at stores to be
conducted by the said corporation, food products,
groceries, extracts, confections, saucea, spices,
teas, coffees and all artlclea usually handled by
a nrst-ilas grocery store, and for these purpose
to have and posses and enjoy all the rights,
benefit and privilege of the said Act of Assem
bly .and It supplements.
SAMUBI, M. CLEMENT Jr..
tiullcltor.
-- NOTICE IS 1IEKEUY GIVEN THAI
c? application wilt be made to the Uoternor
of the State of Pennsylvania on June 8. 1818.
D1KECTOUY OJf ACCOUNTANTS
t'jtUe VuUU Acco-urtasu
UCWRgNCB B. BROWN ACO.
tS BtiXlj.BSTA.Ta TBV8T BUUJjBK
.niaijru.-HTwrWi
GOLD IMPORTS RAISE QUESTION,
IS FOREIGN LIQtflDATION OVMt
Financial District Seems to Think That It Is Good Indi
cator That Such Is Case Reading Advances
to Another New High Mark
Continued Imports of gold raise the
question ns to whether tho Benin of Euro
pean.hetd American securities has run Its
course. The general opinion In the.flnanclal
district Is that this Is a good Indicator that
such Is the case. Today J. P. Morghn & Co.
received nn additional $2,400,000 In gold
from Ottawa, making $11,666,000 received
on this movement.
Sterling cxehnnge, for a long time how,
has been maintained around tho new "par,"
4.76, nnd Just ns soon ns signs were nvl
dent that It would go below that figure,
gold began flowing Into the United States.
The fnct that gold is coming Into the coun
try at this lmo Is very Unusual, ns here
tofore It has generally been the custom to
export nt this time of year.
American securities, first stocks and then
bonds, wero sacrificed so that exchange
could bo hold at one level that Is, tho now
"par," nnd this liquidation has been very
large, largo blocks, of securities having
come over. It Is doubtful, howovor, It nil
of the stocks which havo been received on
this side have been sold In tho open market.
That they have not Is tho general .opinion
In tho Street. Many blocks, it Is thought,
have been sold hero for European holders
have gone Into stronsr boxts and stilt the
Is a large amount of rridney about for1 in
vestment In good-pnylng seeufltles. ,
Most of the trading on the, Philadelphia
Slock Exchange today wa In th6 hrbltrMe
Issues, Heading and Pennsylvania, tteltiK
prominent In this group, The latter reached
n new top mark, crossing HOW, for n. g!H''
of more than 1,J plonst, ail eomarped with
the close of yesterday. The upward move
niont In the stock, or the cause for It, com
tlnued to be the same Mystery an hereto
fore. Opinions on tho stock or the reasons
for tho advance Vary In the Street In the
afternoon Iteadlng lost most of IU advance-.
No definite Information can be obtained.
And one rumor Is Just ns good n another;
In one quarter today It was said that some
thing may be given ollt on the Company's
nffalrs In this city In the next few days.
In another quarter It was said that -when
something does coma out It will probably be
In New York.
Philadelphia Ilapld Transit' trust certifi
cates dropped buck a halt point early In
the first hour, but recovered half of. this
loss. 'Electric Storage Battery lost a full
point, but later regained the toss. Lehigh
Valley made an early gain of a quarter
point, but later sold unchanged.
M
PHILADELPHIA MARKETS
GRAIN AND .FLOUIt
WtlliAT ftecelpts. 2.11.704 hush.. The mar
ket enl( nmi further decline,! lc. under a
light demand. Quotations: Car lota, In export
eleator Nn. ' red. spot nnd May, l,ii8ti 1. in
No. 2 Hnutlierp red. gi.OHcrl.tiii steamer No.
2 red. ai.oVSi.n,- Nn. M red l.iVM,''? "
Jccted A, t1.02ViOI.04H I rejected 'B, $1.01(1?
1.0S. .
C'OttN ttecelpts. t:i 070 hnh Ths rto-l-et
was He. lower, wllh demand light and offerings
ample. Quotations) Car lots for Ireal trade, as
to location No, "J yellow, S'iWBJ Hc.i. steamer
ifllow, tiH)HIHr,i No. ,6 yellow. .78 ejincli
No. 4 yellow. iBdf.Oc.l cob, per iO lbs.. 8111
82c.
. OATS tlecelots. 17.0"! bush. Prices declined
He, with demand light. Quotations) No. .
white, ROM so He. I standard white, (imn,i.i
Nn. li uhlte. 1iV1(i48 r 1 No, 4 wMt. 4nW
47c. 1 sample oats. 42043c; purified oats,
grn'ieil 1. it4Hc.
, FLOtm Ttecelpts. 818 bbls. and 1.B29.604 lbs.
In sacks. There wns llttlo tradlnir and values
wero weak and unsettled. Quotations, per 100
sua, sti ninnit lilies , ticuii i,vfi t . uu,
straight. Si.'.'.1n10; do., patent. if.n(;s.H.'!
Kansas, clear, cutton sacks. H.JOWG.SO; do.,
furniKiu. cniion snras, srt.joipo.uu; 00., patent,
cotlnn ancks, (B.d.MrtUH); sprlnu. first clear,
jr. r, .10; do.. Btralaht, I.1.4l)r.n0: do,, patent.
S.0ili do., raorll brands, il.u.ton.nni city
mills, choice and fancy patent. lO.'jaOfl.AO; cltv
mills, remilnr (trades Winter, clear, tt.DOt)
0 111 rto... straight. J5,S53,80i do., patent,
IB.nnitPu.K:!.
ItYl! KLOUIl Mold slowly and showed no Im
portant clmnirc. We quota at J83.no per bid.,
an to quality.
, PROVISIONS
. The market ruled firm with n fair lobblnc
demand. Wo quote ns follows: City beef. In
sets, smoked and nlr-drled, 20c. : Western, In
,seta. smoked. 20c: city beef, knuckles and
(onders, smoked nnd nlr-drled. 27u2Sc. s West
orn beof, knuckles nnd tenders, smoked, 27 EJ
2Hc; beef hams. $28030: pork, family, I25.H0
020; hams. H. P. cured, loose. 18(U18HC. : do.,
skinned, loose. lRSHSHc.; do., do., smoked.
lDGMDHc.: other hams, smoked, city cured,
ns to brand nnd average, 18Hc. : hams, smoked.
Western cured, 18Hc. ; do., boiled, boneless,
."too. : picnic shoulders, H. P, cured, loose, 12Hc;
do., smoked. 13Hc, t bollles. In pickle. accord
Ins; to average loose, lilc. ; breakfast bacon,
nn to brand and nvernce, city cured, inc. : do..
Western cured, lHWIHHc. , lard, western. , ro
nned, tierces. 14Hc.: do., do., tubs. 14Hc. ;
do., pure city, kettle rendered, In tierces. 14 He. ;
do., do., In tubs. 1414 c.
REFINED SUGARS
The market was quiet but steady. Quota
tions: Ejtra nne granulated. 7,00O7.(i1c :
powdered. 7.7007.73c; confectioners' A, 7. BOO
T.BBc; soft trades. 0.8r,W7.50c.
DAIRY PRODUCTS
BUTTKR Receipts wero light and the mar
ket ruled firm under a fairly active demand.
Quotations: Western solld-pncked creamery,
fancy specials. 33c ; extra. 31u3.'c. ; firsts. 3()P
"OHc; seconds. 2li2iHc. . nearby Pr''i;
fancy, 35c; average extra. S4c; firsts, 82 U
33c; seconds. 2iiitf31c: BurhcKy pru.ia. -un
28c lobblnc sales of fancy prints, ilNtClIc.
l-ri,IU r..n.nn,l wu. pnml unit VUlllUH WCfft
well sustained under light' offerings. Quotations;
In rrco cases, neamy extra, -uc. per .;
n..n t7 li". ,.n- .Innilnnl l-ane'. Pennsylvania
current 'icelpts, 111.7.1 per case: other nearby
current receipts, 911. uu; esLorn uu., -w.
doa : Western extra nrsts, J7.03 Per case;
nrsts, III UOWfl.OO per case; Southern. I0.1BO
0.43 per case; fancy selected candled fresh eggs
wero Johblnft at 28029c. per doi.
CHEKSK Demand was fairly nctlvo and the
market ruled nrm and a shade higher under
light offerings. Quotations: New ork. ful
cream, fancy, new, 17 018c specials, higher;
do., do., fair to good. held. 17017HC: do., do.,
part aklms,''llloHc.
POULTRY
LIVE Fowls wero scarco and He. higher,
while spring chickens wero more. foBroa
and weaker. Quotations: Fowls. 1UH02oHc.;
roosters, 12013c: spring chickens, according to
.luallty. weighing 102 lbs. apiece, JIM c,i
White Leghorns, according; to quality. 280311c;
ducks, its to size nnd quality. inMlrtc; geese,
uriAUl.. , nlnnnnn. old. D,r Dalr. 28uJ0C.: dO..
young, per pair 20022c ... ,.,. .
DltCSSCD The market ruled firm with aH ,
t . V m A- AS--. S4-.tal.VM AS Haitlt-nhlA arAnl
mana equal to ui uncnim. u. ,.... --"";
Following aro tho quotations: Fresh-Killed
poultry, dry-racked rowls, 12 to box. dry.
Picked, fancy selected. 22Hc: weighing 4H05
lbs. apiece, 22c; weighing 4 lbs. ap ecc, 22c.;
weighing 3H lbs. apece. 21c; weighing 3 lbs.
apiece. ISCtuoci fowls. In barrels, fancy, dry
picked, weighing 4H03 lbs, apiece. 21Hc;
weighing I lbs. apiece, 21Hc; smaller sizes.
17020c; old roosters, dryplcked. 10o.; broil
ers, Jersey, fancy. BuOBSc; do., other nearby.
Stronger
Investments
The wonderful prosperity of the
United States has so increased
the earning capacity and the
,tss' is, ot many of the companies
i"hoie "securities we recommend
for investment that, while these
securities cap still be purchased
to yield a most attractive return,
they are intrinsically stronger
today than they ever have been
before.
For example, wo Invito requests
lor circular ,iu. u-..,. it...,..,
describes a strong first mort-
nvo
I'enna,
gace bond yielding over
per cent., tax free In le
A. B. Leach & Co.
Investment Securities
115 South Fourth Street
Philadelphia
New York Chicago Buffalo
llotlon
London. Cog,
Baltimore
ELKINS, MORRIS & CO.
BANKERS
Land Title Building
Philadelphia ,,
High Grade
Pennsylvania Tax Free
Railroad Bonds
Equipments
and
Public Utility Bonds
MEMUERS
NKW VOUK AND l'lIILADELl'IIIA
STOCK KXCIIAKGKS
4O048o.l ,l;rcer
ducks, nearby, spring. 2eS8e.i aquabs,.Mr
dot. White, weighing llOlSTba. Ber dot.. 4'75
RAilU; white-, welshing 0lO lbs, per doij.
S4n'4,noi ivuue, iveigning o ion. per uos.i ov
.0(11 do.,, do , 7 lbs. per dot.. 42.80p2.u0! do..
.In.. 0(1(114 lhfl.
Jf2.10; small am
ne (Ins.. 12 1
d NO. 3, tiOC.I
2.10,
Pll,
dark, 11,73
FRESH FRUITS
Choice stock wss tn fair request and gen.
crnliy steady, as follows! Apples, per bbl. wine
sap, S3.S0U4; Ilaldwln, 304j Greening. 12.50
3.no; lien avis, IU03; other varieties. il.BO0
2.501 No. 2, 11.2302. Apples, Western, per box,
1,23C1.7G. Oranges, Florida, per crate, 12.50
M4. Urapefrult, Florida, per crate, 1. 7003.00.
lemons, per box. I2(J3. Pineapples, por crate,
I'orto nico, $2,2002.75. Strawberries, per qt.e
12nstern Hhore. JSOISe.t North Carolina, 7fl
lie; Mississippi, 7V12o.S Tennessee, 7O110.I
Norfolk, 0012c.
VEGETABLES
Demand was only modcrato and the market
i.1W7r,c. ; No. 1 other varieties. 03O7Ro.; No. 2,
3i)W4()c, White potatoesi per bbl. No. 1 Flor
ida. $ft.25ej3.75; No. 2 Florida, J40.1i pfo. 1
Houth Carolina. J4.30a.2r.; No. 2 South Caro
lina, J3.riOW4.23. Hwcct totatoes, Jersey, per
l,askt No. 1. 48WIUIC : No. 2 2Sanc. Sweet
potatoes, Jersey. Delawara nnd Maryland, per
hamper No. 1, 75o.Jll No. 2. npOOOc. Sweet
potatoes. Vlrglnln, per bbl., Jl.e0Ol.7B. Onions,
per 100-lb. bag, J102, Onions, Texas, per cum
mer crate No. I. II. 0301.73! No. 2. 11.40)
1.80, CabbagOj Norfolk, per bbl. crate. I1.80W
1.73. Celery, Florida, per crate, 11.78 Q2.2S. W
tercress, per 100 bunches, Jl, 5002,60. Lettuce,
North Carolina, per basket, J1O2.80. Deans.
Florida, per basket, Jl.2501.75. Peaa. iorth
Carolina, per H-bbl. basket, J202.23! do., do.,
per l-3-bbl. basket, Jl 1.50:' do., Norfolk, per
H-bW. basket, J1.50O2. I'eppers.i Florida, per
carrier, J1.7302. Kggplant, Florida, per orate,
J1.50O2.50. Iladlshesi Norfolk, per hampor, Boo.
OJ1. Squash, Florida, per crate, J1.50O1.7S.
Tomatoes, Florida, per carrier Fancy, $308.80;
ciioico, JM.i. Asparagus, Jersey, per bunch
Fancy, 20025c.; prime. 1502i)c; culls, 10015c.
Mushrooms, per 4Mb. basket. OOc.OJl.
Many Favor Curb Reorganization "
NEW YOnK, Mny 23. Tho result to
dato of tho Informal poll conducted by the
members of tho Now York Curb Market
AsBoclatlon shows that 161 voted In favor
of tho proposed reorganization of tho Curb,
while 0 voted against tho proposition. The
total membership of tho Curb is about 335.
French Routes Higher
PAItlS, May 23, Rentes' 02 franca 50
centimes, up 35 centimes; oxemtnge on Lon
don, 28 francs, 24 M centimes, unchanged.
The Colorado PowerCo.
First Mortgage
5 Gold Bonds
Due May I, 1953
These bonds are a first lien
on tho property of the Com
pany. There is no other
funded debt outstanding.
' Cash largejy in excess of the
bonds has been expended on
the property.
Net earnings over 2',i times
the total annual bond inter
est charges.
The Company is fundamen
tally stronger today than it
has ever been in its history.
Price to yield about 5.30
Send for Circular No. 388
William P. Bonbright & Co., Inc.
SIOUIUS VtiBTAU BIIIUJJIJ, Jr.
' Manager
437 Chestnut, St., Philadelphia
New York Boston Detroit
J-ondon Tarls
William I'. Ilonbrlght ft Co. Ponbrleht ft Co.
Desirable Investments
We specialize in the conservative
bonds of well established cor
porations supplying electricity,
pas, transportation and other
public services In growing conv
nvunities. Many of these bonds
Free of Taxes In Pennsylvania
A list of those now on hand will
be furnished on request.
Edward B.Smith 8c Co
EITISLISIICO 1802.
BANKERS
ilimbtrs Hew York ant PMIadelenfa
Block Exchanges
nil Chmt.ndt enter, Pwustxrnu
to Pins Bisttr , Nw yosx
Darnell Oil Gas Go.
HOUUUT ,0LD QUOTED
Write for j)Uol otreuior No, .
E,H. CLARKE
IiiTe'truent Securities
ST William m. Xivr York Cltt
We own and offer, tubject to prior tale
. $150,000
HEW YOUIC CENTRAL LINES
EQUIPMENT TRUST CERTIFICATES
JIaturlag 18J 1CJS
Price to nst 4.40
GHAS. G. MRHISON, JR., GO.
BANKERS
FIFTH AND CHESTNUT STS, PHILADELPHIA
Mtuiers Hilladilpbla sad Nw York BUek KvcLaoj-ts