Newspaper Page Text
"V WW1 ' "
"VTpiVwixojifj Vn" " HWMiff 'W1!
MEJAT LOSES MOST
OF EARLY ADVANCE
(fnins of Vz to 1 Cents During
Early Part of Dny Decline
Follows Corn Break
I fBAlN nKW WKATIIEIt FORECAST.
! riitCAOOi Mar .33. The weather fort
..it for M hours fnllqwm ... , , .,
'MiilAls larl r. f'ondy. .."h local .Jlmn
4," X"" onllit or rrWnri continued
ffubiiimri Purtlr cloudr nnd probably
fJTthnnder showers tonlsht or IrfihiM
ientlnord vrnrm, followed by cooler wrntlier
"- iaenlin--unnrnirw ''"'" i r.i
itj,"rAMr shower nnd nnrmrr (oniitht
i!. "nA.t?l!Si,hnr('n . tnnluht nn.l t.rnh.
.hfr friMrl warmer l riiiav nortiienM.
iltr l"r!' ",,T ","' l01' ."'under
v.I-.r Inn (ht or Fridnri continued wnrm,
lJIIi Vy cooler west Frliluj .
iDllonra nr r'""e, tf.i,i ,,,i ,i,
-iX?i!iiiwt not much choline,
"senlh nnkoto Unsettled nm! cooler In
rljhti probably showers eiistt I'rltliiy imrtir
'''Jenrsskn (lencrnllr, fair tonlnlil nn.l
rrhlaVl cooler east n;1 centrnl.
"KansasClenerally ,nlr, tn,,lt "'l !'
ji fooler I'rldnr. nml west nml north
.titr-AOO. Mny 25. Although wHcnt nt
cn time today showed mi advance nf t &c.
to l?c. fiom Inst nlRht'o cloning, the final
Jinres werfl on,y Wc' nct '''h'161' (,,le '"
weakness following n Blmrp break In com.
"" i number of traders, who had purchased
earlier In tho dny, because of the dry
weather In the Southwest nnd tho bad re-
BorU received from Oklahoma, rushed In tn
f JTm an(i while the market was forced down
to ttc to Uc. under yesterday's final nuotn
"" Uons, thero was a rally Just before tho end.
There were some buying orders from tho
Corn was weak throughout the entire sec
tion, and at tho end showed declines of
14 to 2ftc, due to heavy liquidation on
tn'e 1" prospects for tll cr"P n'l t"0
' action of tho management of the Iloaid
' of Trade making more stoingc room for
' 0CO.O0O bushels of wheat under emergency
rile of the exchange. About tho only imp
port that was notlcenble was from specula
tort. Oats during the grcnter part of the bob-
"no,, acted In sympathy with corn, nlthnugh
, ),e decline was not so extensive and theie
aa some fairly good scattered suppoit.
Final prices were ',4c. higher on May, lie.
lower for July and unchanged for September,
Leading futures rnnEcd nn follows
. t wW Lous
. i.in4 l.llk
it 1,11'i J.iaS
Corn (new delivery-;
1 OK 1 OSU
l.ln'j l .o;,
1 ll'i tl.IU.
iept . .
a. io'i t7oi, -a',
I, 71Te IHIJi IH'Ji 'T-"!
iii,h wn no-i litu's -iii'i
42'4 -fj IS,, 42'i 42,
4014 4(l IO'I t40lj 4i,
3Ht5 3u' nv SS'i t3S
. . S3 30
. . L'U.X.'i
, . . .2. imj
12.nn JlL'.flT tlS 7."i
12.110 12.112 12.75
12.1111 tl2.7ri '12.N7
12.." 12.110 J12.77
12.57 12.11.1 T12.77
12.117 12 7.-1 12. t2
23 no t2M r,:i
22.H2 t23 on
LONDON STOCK MARKET
American Railway Issues Lack Steadi-
I. ness nnd Are n Littlo Lower
LONDON, May 25. Irregularity was dis
played on tho Stock Exchange today nnd
Business was quiet. Gilt-edged securities
held comparatively steady. There was a
moderate Investment buying of homo rails.
American railway Issues lacked stead
nu and wcro somewhat lower, following
,th actltn of the New York market, with
Reading flat. Canadian Pacifies were easier
and Irregular changes wcro shown In South
American railroads. Mexican shares, how
ever, wero firm.
Foreign Government commitments had a
checkered appearance, with the exception of
Japanese Issues, which were at the highest.
Hlo TIntos were tlabby. being quoted ut 62.
Kaffir securities and French oil shares held
eteady, with Hoyal Dutch Issues the leader.
Kubbers wero heavy, being affected by the
iltuatlon In the staple.
LIVE STOCK QUOTATIONS
CHICAOO. May 23. 1(0(59 Itccelpts. Id..
000. Market Re. lower. Mixed nnd liutelu-rs,
I9.558J10J lend heavy. JII.73 Will US: mush
heavy. n.4fi!i.70: lluht. !u.i.1u.t.1; pigs,
18.&obi.2.v, hulk, sn.oaoii.o.v
CATTI.13 Ilerelpts, 400O. Mnrkct stronc.
Beeves, $S(fP10 7ri: cowk nnd helfirs, J12,"w
J 80; Hookers and feeipr. J OS Hi Texuiis,
7.40en.3.'Vi cnUes. 8 7r, 11.7.1.
allEET Receipts, POOD. Market 2.V. lower.
Ntlve nd Western. r..10U.2S; lninbs. 1S.SD
Spelter Market Dull
NEW YORK. May 2K. The spelter mar
ket continued very dull today, with prices
unchanged from Wednesday. June ship
. ments prlmo Western brand Is quoted
' 13 14c; July. 13 W 13 '4c.
French Rentes Unchanged
PAWS, May 25. Threo per cent, rentes
it francs 50 centimes, unchanged Kx
ehange on London, 28 francs 21V centimes,
WASHINGTON, May 25. For KaMern
Pennsylvania: Fair tonight nnd Friday;
warmer tonight In south portion; gentlo
West to southwest winds.
Fair weather prevails throughout tho
astern half of tho country this morning,
with some cloudiness over tho not them
States and mostly clear skies in the south.
A shower belt extends along tho northern
border from Minnesota westward to tho
Pacific coast, and snow Is falling at Helena,
Montana this morning. The temperatures
have continued to rise slowly ut mos.t places
east of the Ilochy Mountains except In the
upper Lake region, and there is n Blight
excess In lrtually all districts. At Phila
delphia the temperature Is normal this
U. S. Weather Bureau Bulletin
Observations taken at H a. m. Eastern (line.
8 last Rain- Veloc
, Station. a.m. n't. fall.Wlnrt Ity. Weather
Aiianu, ua i on
Atlantic City. ..HI M
BUmarck. N. D.. 50 40
Boiton, Mass ... US at
Buffalo. N. Y. . . M M
Charleston. 8. C. 70 nil
Cbleato, lit AS 02
Cincinnati, O 72 HJ
CUvaland. 0 70 lit
t;enver, t'ol H
aalvtston, T. .
Hatierai, N. C. . M Of ..18 N
Illlfai N H .V
eiana, Mont . . . s 4 I. in
... 70 tilt
la. 44 63
nnTulIlK n-..n .n .1
Llttt Hul, ..I. Til Til
&.2U. . -":. . ". l - '
mei -cs,Ancsies. (Jul. 4H
. . NK
. . tlouily
. . (Moudy
12 P Cldy
, . Cloudy
. . Cloudy
. . flnaw
. . I" Cldy
14 I Cldy
. . NW
. . P Cldy
. . P Cldy
. . PCd
. . Cloudy
J-os Ancsles. Cul. 4H 40 .. Ki: 10 clear
Louisville. Kv... 70 01 .: Calm Clear
Monta-omery. Ala. 74 70 . . N Clear
Montreal, fan . . 02 .14 .OS W 12 Cloudy
iiunviiie, ienn. . i .. aim i-iear
Rw linearis. ... 70 72 .. Nl. ..
., York 01 B .. SW 11
jjorioik, va .. 2 on
Sklahoma. Okia.. 72 70
SSfha. Neb 72 OS
Philadelphia 02 00
IJjoenlx, Arl R4 H2
Plttaburjh. Pa, . . 70 08
Portland. Me 4S 44
Portland, Ore. ... no 80
Quebec. Can BO 4 4
St. Louis, M o. . . 72 70
l-, Pau . Minn .. 6? 00
fait Lake. Utah. 40 SS
an Antonio. . 7A tj
an Francisco... 41 48 .. SW 10 Clear
ui re. n, 31 nil n4 .. .. i lear
- 8t Marie,.. BO 44 .. W .. Clear
'crinton. Pa ... 04 00 . . BW . . Cloudy
Jampa. Fla...... 70 70 .. NK .. Clear
Waihlnston . . . . 03 68 HW . . P.CIdy
I.KNOTH OF IJAY,
fun rlsast , 4d7 a.m.lMoon rises,. 1:00 a.m.
Bunt seta.... 7.18 p.in.lMoon aoutha. 7,07 a in.
DKLAWAKU U1VKK TIME CHANOES.
w water., 2:88 am.l!aow Water., 324 pan.
Ua water.. 8.28 a.m.Ullsh water.. P.OJ p.m.
TKJU'EKATURK AT K.VCH HOUR,
"TJTiof lifri 11 21 a I 41 5
aS'iil 701 701 Ki I 841 bUI I
EVENING LEDaER PHILADELPHIA, THURSDAY, iIAY 25, 1910.
CHAIN ANtl iff nlr
fa'nnlThJr'Cit' e!,12aMnn bu"h-J Trade wna
otferlnas. guSati0n1,,f.'l,nrm.un.a"' moderate
Mitor No a rt .i l.1rj ",',' In ejport ele
No 2 Smithrn ;e.fP"t n5l.Sl?1'' II.I'HWI.IO.
2 red. 1 n?Srn5 .flWJ !i "'earner No
Jectid a 11 nVui Sii? T t-"BWl 07i re
l.M ' MHl tll'i. rejected II, $1.01
.lerdTS""'.?; iXiM b.- t'f'ees further
ino lh. in .rS"1.1"?,1.1." unehanwd. Quotations, per
Jtra ht 'V?2'W Win"'.- Hear. 4 tuitt.1 IB. Jo.
Kan...' '; "-'Wl fin. do. patent. Ir, m).-,.s,'i,
I;?iJl.r.- rlf."r' cotton nrks, 14 10087 do.,
HiifiS"1, c?"on.fnck. $1 SOWS Ml, On, pat?nt
ffl,,,l,lf'1''. .V 0U5 jr.. srirlns first el"?
' fiirfn 2' ,'ht, IS inffBiiii. do., patent
mill. V..Vil0 ' 'a'orlte brnndi, in ssfld sii, rltj
m S' Cr1.0.,r.T!n,l.f"l",r n?.'.em' IO2.VJ0BO r J
?la ar.0,,ul".r r"Lner Winter, clear. 14 Hil(i
in.os!lix lr,rn1, s2'''ni 'lo. patent
ai'iXw-rjiPy.'i ."Lni" a,,1(t Bn'1 ."eady. Wc quote
at ,itr.j oo ptr bhl , na to Quality.
i1.Ti!lnrtm"rte! r',",'.', """'Iv ,lth a fair iobbln
anmnd tto quote ns robin. Clly beet, In
;e ;. smokM. nnd n r-drled, 20c : U'e.ten n
nvti-, riuoKcn, uc : cltv href kmirkl.M nml
"". 'I''1. fniKles nnd tenders, nmokej. 27 o
ef-jrf V,?,LlmJ"".. -'"?. Pork, fnmlli. $2.1 Bo
.T,im:.' '"V"' M- lL?m'fl- lo". iHWlK'ir , do..
I lis Tii.Jon,'.u ,H,f'""ic i do., .to. smoked
1 ,luiS olh,r hams, emnkrd. rlty rured,
vL?.hil,n?..nn,, B.V,r,"K'"- 'sle.: hams smoked.
lllJ '.rE...""?'1, ..,HC-.' .'lo- boiled. honeles,,
3 JUf nilc ."hUV,,,,r"' ..." rurecl .,0'"e- 12Mir.,
i?' 'lln,I,e'l. ta'ic . bellies, in plekle. nrrnni
LLK .ii "T'iBP, loose in,.., breakfast linron
?v.,..V.rn'"' ami ,ny race, city nire.r nr . do ,
nnert"niJur"'-. t,'nRg 'nri1' Western, re
flned. tlerees. t4iic . do. do. tubs, 14'4r;
.is:: 5S? icn,.i!!rtlRii7r':,,'rrt-,n Uerc"' ,4r-'
.mIV? mnr,l;" "'as quiet nnd unrhiuiEed Qun
tntlons: Lyra lino urnnulnti'd. 7 .iifi- nr.i- .
powdered 7 7HW7 7Bc . ronfei tloners1 A, 7 SlMI
i.ooc . soft uriuNs, 0 N.i(il T.r.tir.
tlUTTCIl Trade una fair nnd prlies ruled
steady ulth iniidernti nfferlnirs. (Juotatliins:
uentern solld.pHeked rrenmery. fanry spedals,
:?5v;..::? ,ra- 1W!12p., firsts, aillf 8HL, ' . seionils.
.'iiUJli'tr . neiirhv irlnis, fanrv, Mr . axeniRe
extra d4r . firsts. fl2Wn3e . seconds, snifrair ,
Kiirlloky prlnti, 2ilW2Sc , joliblnn sales of fnnry
prints. ZHr Hi-
LOOS HiipiiIIph ere kpt well i leaned UP
ut llrm prices fjuotatlnns: In fre" rases,
nearby extra. 20r. per doi. ; firsts. 7.tr per
standard ia.e, Pennsylvania current receipts,
so. in per ease, other nearby current receipts,
JO lid, Western extras, 2.V per doz . Western,
extra firsts. J7 0.1 per rnsej firsts. I it Oil WO no
per iase; Southern, 10 1.1 wo. 1.1 per rase, fancy
selected candled fresh ckki wire Jobblna nt 28w
21in. per doz
CIIi:i:si: The mnrkct ruled firm under tight
nfferlna. and a fnlr demand, ijuotntlons. Now
lork, full cream, fancj, new, 17'. W ISc ,
"KV'.'Jr- hlKher: do., do , fair to koo.1 held,
li'illi'ii'.i do., do., part skims, UiHl.l'ic.
LIVIJ Clmtrn stock sold fairly nnd ruled Arm
under llsht ofTerlnss CJuotatlons: Fowls. 211'W
21c., roosters. i:iW14c ; sprint; i hlckcns, accord
Ins tn ju llllx , wrlRhlnx Hf2 lbs. apiece, 3IIW
.'Ulc. : White Leghorns, nicnnHna- to quality. 24iiii
28c, ducks, no to sl?n and quality. MIS tile. ,
Plitions. old per pair. noffi!2r. : do. oun.
per pair. 22iH,2rif.
nllKSSi:!) The market ruled firm under tluht
iifferlnits and n fair demand Quotations. Fresh
killed poultrj. ilrv. packed Fowls, 12 to box. dr
pliktd, fancy selcct.d, 22'ac: weUhlnir l'-4 ffp.1
lbs. apleie. 22c. W'elghlUR 4 lbs. apiece, 22c;
welahlllK It'i lbs. apleLC. 21c; welnhlnK 3 lbs.
apiece lK(?i2itc . fowls. In barrels, fancy, dry
pliked. wclKhlm; 44 tt B lbs. apiece 214c;
ueUhlnK 1 lbs. apiece. 214c , smaller sljres,
17G120c , old roosters, drj-plckcd. 10c; broil
ers, Jersey. fHnc. ,1iif?B.1c . do., other nearby,
wcUhluK 2ffO lbs. per pair, 4nrrf4.1c ; larcer
sizes. XliJSpc ; capons, per lb Welshing HWlil
It), apiece. 27f2i . smaller aUes, 231J2ilc;
ducks, ne.irbv. sprlntf. 22fit23c . squabH. per
doz White. welKhlni! 11 WIS lbs. per doz.. $1.7.1
fi1 10; white. welK-hlntf lifflo lbs. per dor,
J4W4.H.1, white welshing K lbs. ier doz., I31P
.1.110: do., do, 7 lbs. per doz. S2.misTS 00. do,
do . OWi',4 lbs. per doz . I2W2 10: dirk. 11.78
M2.1U, ninall nml No. 2. Buctl.
lslrnh1" stuck mt with fair fliil ant! n1u
Konrrally rul"'il Hlcmh umlT motlornii" otfer
Incw. Quotiitlnnt VnploH. per bhl VlnHp,
S:i :.(Kr I. It.iMu In S.lKi 1. (Jn-onlnir. S,' Ml"i;i ."".
Itr-n Iivl. fl'li-a. otlii-r rlctlPH. $1 "iiTfL .")):
No 2. SI 'J'tft'j, applfi WfHlrrn. rep box. Jl 2."
fl 1 7S, oranpfB, Florida, jvr i ratf. I- iMttl I.
Krnpfrult. Klorbla. per c rt. II "it' T,u.
tenionn. pir box. Si!?.?; plnpiipplPB. per rratc
I'orto Uli n. SJ l!rfti J.7!i. straw lMrrlp. per nt
Knstrrn Shore and Maryland. HSCl-'c. , North
Carolina. 7G10r , Norfolk. .V, 8c
The market wns pcnerally steady under mod
erate offtrliiBS and a fair ileniand. quotations:
White potatoes, per huali. rennslvnnl.i. Ij-'
nj-1.40. New Vork. Jl :iiitl1.3.1. Western. 11.30
M 1 3.1. White potatoes Jersey, per baaket
No 1 Itese, 0.1iJ7Bc , No. 1 other valletles,
i!1if57.1c; No 2. aoWIOc White potatoes, per
bbl No I Florida, $.1 .10(f) B 7.1. N". 2 Florida,
llff.1. No 1 South Carolina. J4..i05J,i 2.,. No.
2 youth Carolina. J3 B0l I 2.1 Sweet Potatoes
Jersey, per basket No. 1. l.lffOUc .No. 2. J.iV
30c. Sweet potatoes. Jersey, Di'laware. nnd
Maol.ind. per hamper No. 1, T.ip.WII, No. -.
son) r.iic Sweet potatoes. Vlrslnla. per linl .
SI .KIWI. 7.1 Onions. Texas, per ciimnier crnio
No. 1. 12112.10, No 2. Jl.SIM Oil. Cob
lmge. Norfolk anil Hastern Shorn, per bbl. -crate.
J2S'2.10. do.. Nprfo k. wr hhl. It ....
..Irv. Florida. Her rratc. Jl ,.,f2.2.. Water-
i ress, per im iiuncnci. i !': '. r,V. --" ,,
North Carolina, per basket. Jl 2.1WI.7.I 1Vb.
Norfolk, per -bl.l. basket. 4l..1nf2; do., do..
;."". AI. basket. IL2.iibV.B0. ..I'eppers,
Florida, per carrier. 1.7.1(fl'2. LBBplant.
e-ior da per crato. 11. SOW 2 no lladUhes. Nor
folk per hamper, hoed. II. Squash. Tlorlda.
.'..,. il miiI .7.1 Tomatoes. Florida. Per
J. ,rr er-FnncV. 13 .1 BO jholce. J2,f3
Hiiiraei. Jersey, per bum h1 alio. 2ll'u'J.,c;
prime IB 'H' 20e. : culls, low 13c. jiujhrooms.
tier 4-lb. basket, lltlc.11.
per 4-lb. basket
TKXAS AND 1'ACIFIC.
rhlr.1 week llav 1311,1.1133 JII.3H2
f?om jiitf i i - -: : : : : : 17:103.302 mmm
IIUNVKU AND 1UO 11IIANPI3.
Noitriu;ii.N I'Ai-irii .
li.rll ernsH 10,4.10,000
Aljrll (.rowi jln.'U.llOll
Ten months1 Kross -! . . Stf"-"
st.' ijiins souTiiwiisTiinN.
S"",", J,ay .;::: wW$-n&
CHBSAI'llAKIJ AND OHIO.
u I ..-e.k Muy .... I040.DB1 .1.132,7112
IV. r. July 1 I2 4B3.12S
April operatlne revenue. Jll.04n.400
nrll irross I.;7!!'!i-T.
rrom juij -:,,-..., , ,tla
CHICAOO. lNljAKAi-i.m a.ik .,ww.
Vll.Lt.. ?ryV!?y::::::: JMt.aS- Vim
Condition of U. S. Treasury
WASHINOTON. Mny 25. The condition
of tho Unlteii Stotea Treasury, occordlnu to
n statement Ibsueil toilny. wos as follows:
Net lialanro lit eeneral fuml. J127.731.840i
otiil receipts, ? 19.4 16.810: total disburse,
merits, B3.179.82!; deficit for year. ?30..
4 oil, 93 1, exclusive of tho 1'anuma Canal and
public debt transactions.
consolidated Interstate Callahan Mlnlnir Com
nan? reiilir nlarterly of tl.SH per share, pay
SbPo June !i(i to stock of record Juno 20. Books
l,0,h,Sr.iT -JASTd&V Company. reu,ar
.marierly of Ha per lent, on preferred loc;k.
lasable Juo IB to stock of record Juna 21.
lCmks clota June 1 and reopen June 10.
lloston and Albany n-KUlar quarterly of J2.B0
per sharo. pafaW Juno uO to atockholdera of
"Submarine Vwnal Company. 3 per cent, (pur
12.1). the same u In December.
Woodf and Water a fino
combination, either in fore.t
or lumber yard I
Help ut hip your atructuraf
timber the day we get your
Edward F.Hensonfi Co.
fopUr St. Whams. I'Mla.
COTTON PIUCES 11ALLY
AgTEK AN UNUSUAL DHOP
News of Scllinfr Orders Cnuae Big De
cline Jump Came Late
NRW Yontf. May 25. At tho opening
thil morning the cotton mnrkct wns barely
steady nnd prices showed net losses of 8
to 11 points, following poor cobles, which
wero depressed by absence of outside sup
port Some of the enrly selling wns due to per
fect weather over tho eastern belt, but
shortly after tho opening a better tone de
veloped owing to tho prospect for unsettled
weather In the western belt nnd prices ral
lied half a dosten points from lowest with
some of the spo tlntcrcsts credited with sup
Now Orleans continued selling hero
throughout tho first hour, while there wns
a good deal of scattering liquidation nnd
local pressure on tho decline, which carried
prices nbout 13 to IB points net lower.
Humors that tho report of tho Nntlonnl
dinners' Association would show a condi
tion of SO. 6 and Indicate nn Increase of 12.7
per cent. In ncrengo doubtless contributed
to tho decline.
Trading nccamc less nctlvo at the do
cllne, but prices were within a point or two
of the lowest nnd the tone wns still more or
less unsettled Inter.
Tho market wns unsettled during the
non hour. It wns reported that selling
orders were reaching hero from both east
ern and central belt sections owing to the
Improvement In prop conditions, nnd most
nf tho nctlvc months made now low ground
for the movement, with the general list
selling some 20 to 22 points net lower.
Tho receipts of cotton nt the ports for the
day wcte cstlmnted nt 12.000 bales, com
pared with 19,701 hales last week, 4956
bales last year and 10,927 bales In 1914
Yesterday's 11 12 12.30
Yes. close. Open. Ilnm. 12 in. 2 p.m
March 13 31 13 17
.May 12 77 ... , , ...
July 12 00 J2SI 1211.1 12 12 IB ill
October 12(10 12 SI 12 "I 12 Nl 12 Ml
December ....13 12 13 00 12 00 13 110 12.11.1
January litis 13 01 13 0.1 1,1 o.l 13.01
Ausust 13.01 ..
LIVUItPOOL, May 25. There wait n fair
business doing In spot cotton today nnd
prices were 3 points higher, on the basis of
8.53d. for mid upland. The sales aggre
gated 8000 bales. Including G000 bales
American. Tho IniporlH wcro 12,000. all
American. The innikct for futures colsed
easy at a net decline of 07 points.
OPPOSITION IS GROWING
TO CUUIt IlKOMJANIZATION
Representatives of Several Stock Ex
change Houses Against It
Ni:V VOniC. May 25. Opposition to
reorganization of the New York f'urb. as
proposed In tho plan submitted to members
nnd approved by a majority of them. Is
axRumlng lnrge proportions, nccordlng to
Information given out by a member of a
Stock Uxplionge firm today It Is stated that
nt n meeting held late yesterday afternoon
representatives of several Stock lOtchange
houses ngiced that the proposed reorganiza
tion would be undesirable
Although representatives of tho Curb As
sociation deplore rumors of friction be
tween them and the Stock Kxchnnge. there
seems to be little doubt but thnt friction
exists. A Stock Exchange representative
says he would not be surprised If a number
of the most prominent Stock KNcchango
houses signified their Intention to Ignore tUo
leorganlzed Curb should It come Into being,
and continue to do their trading In un
listed securities on the present site of the
NRW YORK. May 25. The market for
foreign exchange In the llrst hour of busi
ness today was dull, but In the main steady.
About the only quotable change In rate1?
from Wednesday's final figures was In Scan
dinavian cNclinngc. Stockholm was quoted
nt 30.1030.25. Thero was little feature
otherwise. Quotations: Demand sterling,
1.75 ; cables. 4.70 7-10; franc cables,
o.92',a i checks, 5.92l : relchsmnrks, 7(5 U-1G
ir"fia4 ; lire cables. 0 32-14 ; checks. 0.33;
Swiss cables. 5.23 tj; checks, 5.2 Hi: Vien
na, 13. lBlf 13.20; pesetas, 19.9019.95;
guilders, 41 'Jifi 41 s ; rubles, 3O.B5Ti'30.75.
In the nfternoon the market continued
very sluggish. Quotations: Demnnd ster
ling, 4.75ai, cables, 4.7(i'-i; franc cables,
5.92, checks, 5.92 Vj; lire, 6.31; Stockholm,
30 ii relchsmnrks, 70 "J.
RATES FOR MONEY
New York . . .
lV$3tj 2. 3H
n 3ai5 3 cm
3 4 & 'i
3".rf4 I (!f4'i
Hank clearlnus today compared with corre
sponding dny last two years
1010 ini.1. ini4.
.J3R.3llO.7n2 J20.2IIH.I3M J3l,n07.R7
. 32.0SH.071 22.72.1,310 23.127.203
. Bull, B32. 2.111 272.4N3,227 211. Ill", 13.1
. 03.001. IBM BO.O.Il.llllll 10,340,083
lloston . .
Reserve Ranks' Discount Rates
New York .
Chlcnco . . .
St. Louis .
Minneapolis .. .
Kansas City., .lia
Mun l-riinelen. M
10 or Over 10 Over 30 Over 00
less, up to 30. up to 00. up to 00.
.3 3a 4 4
.3 I 4 4
1 - -i
Triitle AcrfptMiicptf. Com
I .. . (1(1 Ufa n fill .!..
ARrii'ui. 1 nine Acceptances, turn
over 1)0. Up to 00, 00 to no, modlty.
Hoston .1 3W .'I'i 3 Si
New Yorlc....fi !ll 31a :i
Philadelphia... 4ia a :l 3
fle eland .... B 3 ij 4
ltljlmoml .... .1 :mJ 4 a
Atlanta .1 3 4 3 4 a
ChlcnKo B .
St. Louis 6 3 .14 a
1 mil ...
San Francisco. .14
3dll I'lllllVlflLU, ,,'a u ., TJ ,,7
Commercial paper. 3 to 0 months, Phllatlel
phla. 31". v, percent.
Up to .10 days, over 30 to 00, 4 per cent.:
over Oil to On. 4 4 per cent., and otr 00, S
Frencli Hank Gains Gold
PARIS, May 26 Tho weekly statement
of the Hank of Krance shows nn Increase
of 861,500 francs In gold and a. decrease of
183,300 francs In silver.
$5,972,421 in City Treasury
The amount paid Into the city treasury
during the week ending last night was
Jl. 230,914. 82, and the payments amounted
to $363,209.24. This, with the balance on
hand from the previous week, not Including
the sinking fund account, leaves a balance
Directors of the Baldwin locomotive
Works declared the regular dividend on the
preferred stock, but took no action on re
suming dividends on the common stock
The Listing Committee of tha New York
furh Market Association has Approved for
temporary quotation nnd trading the 27.500
first preferred shares of tho Acme Tea Com
pany, lnc par value $100. to be traded in
when, as nnd If Issued. The board has
also listed nnd admitted to quotation the
1,000.000 capital shares of the Canada Cop
per Company, Ltd , par value $5.
M1.A ...... I r.t ..l.f I.. IllanJ..!. Cnl.lt.
,,c uuti'Uk ul KU1U ill iniuurnitii oui.tii
Africa, In April amounted to 80,557 line
ounces, valued nt 339,386.
The New York Subtrcnsury lost $1,209.
000 to banks yesterday, reducing cash net
gain since Friday to $366,000.
At the nnnunl meeting of tho stockhold
ers of the Standard Oil Company of New
York this morning the retiring board of
directors was re-elected. No other busi
ness wns transacted nt the meeting.
It Is nnnotinccd by Hertron, Orlscom &
Co. and Hellly, Urock k Co. that the $3,250.
000 New Orleans Hallway nnd Light Com
pany's two-yenr 6 per cent, debenture notes,
public offering of which was mnde Mondny
morning, hns all been sold.
The Unnk of Cuba Is sending $500,000 In
1'nlted States gold coin nnd $200,000 In new
Cuban gold to Havana from New York.
Oross enrnlngs of the Montreal LlgjK".
Heat and Power Company for the jear
ended April 30 were $6.977, 16S, a gain of
$260,062 over the pieeedlng year. Net earn
ings Increased $269,402, to $3,315,370.
At the hearing of Chicago and Milwaukee
Klcctrlc Hallway before .Itlilge Landls II
was stated that the rentganlzatlon plan
provides for the Issue of $6,000,000 new 5
per cent bonds nnd $100,000 cnpltnl stock
Participation coittflcatcs will bo Issued
against the stock, and It Is hoped to have
tho underlying mortgage Uons accept new
bonds In exchange by July I and to sell the
remainder to bankers at not less than 90.
Net carnlngH for the llrst four months of
this yrar of American Coal Products were
equal to a year's dividend on the preferred
stock and 15 per cent, on tho common. Tills
would Indicate earnings for the common nt
an annual rate of 4 5 per cent.
WAR'S END TO HELP OIL CO.
New York Corporation Plans for Great
Business in Far East
NT.ff YOHK. .May -25, That tho con
elusion of the war will not materially In
jure the Standard Oil Company of New
York, but on the contrary will open up
new fields and mnrkets thnt have been
closed to tho company Blnco 1914, was the
opinion a man familiar with the affairs of
the company expressed today. Turkey,
(Ireecc nnd, In fact, the entire Lewint. which
have been purchasers of the Standard's
product, have not received shipments for
nearly two years, and, Instead of the de
mand, as la generally thought, falling off. It
Is expected to be considerably Increased.
The Standard's subsidiary, the Stnndatd
Transportation Company. Is now building
olx large tankers that will bo placed In the
FNr East service. Two of these boats will
be completed In tho next six ueeks nnd will
start currying oil cargoes immediately.
The New York company, which has been
chiefly handicapped by Its shortage of
tonnage, despite the fact that Its ships total
an aggregate tonnage of 200,000. will earn
far more. It It said by those following tho
affairs of the company, than It did In t915,
when Its profits nmounted to $16,000,000.
The 1915 report compared with the one of
1911 showed a gain of almost 50 per cent.,
but 1916 was only slightly above the earn
ings of 1913.
LOCAL MINING STOCKS
.Tim Butler 04 .Oil
MncNAmara 10 .11
Midway 23 .2.1
Mlxpah Extension 2N .20
Montana 32 31
Northern Stnr 17 .10
Tonopah Tlelmont 44 4H
Tnnopah Extension OS o1.
Ilescue Hula 4S ,40
West Rnd 1.12 1.1.1
Atlanta 12 .13
Ulue null 02 .01
liooth 21 .22
Itulldoc 01 .112
C O D "I .!'
Combination Fraction ns .10
Dlamondtleld II II 01 .nil
Daisy " .0"
Kloreneo -' '
Ooliineld Consolldtted I3 .01
Ooldfleld Merper 11 .12
Jumbo Extension nt .113
Kewnnas 13 .14
Oro 01 .0.1
Sand Ken "J .00
Silver rick 07 .00
Folrv Aateo 01 ,02
Klmberb, " -01
Nevada Hill -r," 'r-
Teiopa Mlnlnp 4 BS
Nevada Wonder -Mil -'.2.i
ELKINS, MORRIS & CO.
Land Title Building
Pennsylvania Tax Free
Public Utility Bonds
NKY YOHK AND l'HILADKI.l'IILV
A C NOTE
Tno Years to Itun
Lane Kqulty In Preferred
am Common Htoeks.
Kjrnlnns S Times Note Interest,
PniCE TO YIELD Gib
MELLOR & PETRY
Members N, Y, & 1'hlla. Stork Kichances
838 COMMKKCIAL TItl'ST IIUII.DINtl
BEAT. ESTATE FOR BENT
REAL ESTATE FOR BENT
On Old York Rd. at Willows Ave.
Above City Line
Suburban yet Urban
ifR '2h tirinrirn 5J""t" By
Situated on hlstorlo Old York
Itoad. Convenient to the rlty
by motor, trolley or train,
I.utlmm I'ark, with thousands
of dollars' north of highest
class properties, offers many
advantages to the suburban
home-seeker, beveral (iolf Clubs
convenient to I'ark. Motor out
today- and see 11 different kind of
AppVwrl,:mU" Wm.T. B. Roberts & Sons
Agent for Estate of William L. Elkint
Roberts Bldg., Glenside, Pa.
m - i' il.
COTTON MERCHANT D1KS
Enoch Tnylnr, a well-known Phila
delphia!!, died yesterday nt his
home, 5118 Hazel nvenuc.
Retired Cotton Merchant, Former
Memphis Resident, Deatl
Hunch Tnylnr, n totlreil cotton niprclmnt.
illcil yesterday nt Ills homo, MIS Ilnstol
nvontie. Ho wns bnrti In this olty on Aiirll
21. 1831. nml wns mm nf tile Into .losopli
nml Miiitlw. Taylor, members of the So
ciety of I-'rlrmta.
At the iik? of 21 Mr. Taylor went West
nml eiiRnKCd In the railroad btiilnes.
Later he became 11 shipper of cotton nt
Memphis nml mnde his home there timing
the Plvll War. lie retired from bulnesi
20 years nco.
John Philip Ford
Announcement wns made today that fu
neral services for John Philip Ford. 11 re
tired business man. would be held Saturday
afternoon from his house. 818 West Berks
street Mr h'oid died yesteiday moriiltiK,
follow Inn; n short Illness. He Is survived
by n widow nnd two sons, the Hev. W II
I'Vird, of Knslon. nnd the Itov. L Oscar
Kurd, of SprlUKlli'Iil. Muss., mid n daugh
ter, Mrs. rinia ('. fllll, of Coatesvlllc.
Henry Pfell. 81, father of fieorcc Pfell,
ono of the olllcers of tho WestlnKhotise
Klectrlc romp.iny nt Pittsburgh, who died
yesterday at the Masonic Home, where he
had been nn Inmate for 12 jears, will lie
hurled In the Odd 1-Vllown t'emetery. Serv
ices will he held tomorrow nt 2:30 o'clock
Hosldes the I'ittshurKli t-on, he Is survived
by nnother who lives at Hammoiiton, N .!.,
nnd by several diiUKhters of Philadelphia
Mr. Pfell was known at the home as "Doc"
having been otiKiiRoil In the patent medicine
business before he went to the Institution.
I,i; t'ONTi; MinVAIlT. On Wednesday, Max
M Itllll Sl'HAN HIllMMim HTllWAllT and
IIOIIKKT llltlKH 1.15 rciN'Ti: The niirrlave
ser!ce was performed hy Dr John drier Illli
hen. president of I'rlni eloti University, n
eousln of the Rroom. and only the Immedlnte
members of tho fiunll) wen, present.
AnMTItONO. On Mny 21. 101(1. ROSi: M.. b
lovt'fl dauchtpr nf John I. tnl M.irn.irrt 11
ArmHlronjT. nuert -1! cnr K.I.iUmh nd
frliMirlti nf thr frtmllx nro tnlt'i tn iittnd the
funenil on Saturday mnrnlns. t K ati n'llmk,
frum her p.ircnlH rpaliIn.o. 2.'.. a N CitrllHtn
nt. Koli'mn Hiwjulm Maps nt ur .tn of
Merry Church tit 10 n'rlnrk ,rritfiov tutor
tnnt at Jloly Cross (.'cuit-tf r Automobile
ni.XCKIirKN. On May 2.1. IIMH. ni.IKAItnTK
f lt1A'ttlrilX (nee Campbll). wlfo of John
M. Hint khiirn Ilntlea and friend uro in
lted to attend tho funeral on Friday, at 8
n in., frum thf runleneu of her mm, J Turner
Illnckburn 13 JJ N Stlth Bt , UVst Thlla
nlemn Mum of lteiulem nt St. tirejmry'i
Church ut U 30 u m. Interment ut Holy Cross
lIHANAdAN. On Mny 23. lOlR. AMi:iA A.
(nee Hamilton), widow of James M Hranu
irnn. Hetnllvea nd friends, nlso I.oasu-i of
th Hatred Heart f St. Vronlrn8 Churrh.
nr Invited to itttend th funeral, on Saturday.
nt 830 n m . from her late resldenre, .137
IV. Hrlu ne. Solemn Mabh of Kenulem at
St. Veronlea Churrh ut Hi u m. Interment
nt Holy Hnpulchrtf Cemetery.
COMIV. On Mnv 23. IHH1, ANNR, daughter
nf Admiral K 1 and Hannah 1. Comly. In
her 17th ear. Hi-liiHves and frlenda nrn
The wonderful prosperity of the
United States has so increased
the earning capacity and the
,--,. t oi maiij ol the companies
'lose securities we recommend
for investment that, while these
securities can still lie purchased
to yield a most attractive return,
they are intrinsically stronger
today than they ever have been
For example, wo Invite requests
for rirrular No. L-17T, which
describes a strnnir llrst mort
K.IC0 lnnd ylolillnc over nvo
per cent., tax free In I'enim.
A. B. Leach & Co.
115 South Fourth Street
few TorW C'hlcaco Ruffalo
iloston London, Kns. Baltimore
Invited to attend tns.funernl services on
Frldar t S i m , at her parents' residence
237 Poplar Mtnue, Woodbury N. J Inter
ment private Conveyances will he In wait
Ins; at Woodbury Btatlonto meet train leavlmt
Market street retry. Philadelphia, nt 1:30
I'OWDnnY. On May 23, lfttfl, nt his residence,
1720 I)( Lnnrey place, MAMT1N COWDEIIT.
fled 7(1 car llelntlves nnd friends are ln
vited to nttend the funeral, nn Friday, at IS
m from his residence. 1720 D Lancey place.
Interment nt Merlon Cemetery.
ntVICI. On Maj 2.1. Iln SHinLBV M.. son
of James c nnd Mary Bllsabeth Cralit, In his
loth ear llelntlves and friends are Imlted
lo funeral eerUres on Krldav, nt 2 p m..
nt the residence of his parents, 1731 Moore St.
Interment Woodlands Cemetery.
IIMVVON. At her residence. 11)11 N. 3d St..
nn May 21. 11)1(1. l.VDIA LKSL1K DAWSON,
diunhler of the late Sarah Leslie and John
Dawson Due nntleo of the funeral will he.
IltrriN. On Mnv 24. Into. MAItT L . widow
of John W lilffln Due notice nf the funeral
will he Khen. from her late residence, 3611!
IKT1 r.im. On May 22. 1010. WILLtAM A..
hiishand nt the late l.nule H. Fetters, aited
H3 years Funeril nnd Intermept at the con
jenlenee of the family, nt his lain residence.
N K mr 3d and llrown sts
limil. -Huddenlv on Mny 23. IttrilAitD M.
son nf Laura I! nnd the iae Dr. Joseph
I) Ford, of New Orleans, Ln.. nited 22 years,
funeral serum mi Frldav, at 2 p. tn , at
his late risldmre, i727 Addison st Inter
roitD. On Mn 21. Illlll. JOHN PHILIP, hus-
iinini nr Alan r:ntiieiii i-nr.I, In ins Titn Near
Iteiathes and friends, alsn all nrKnnlratlons
or hhh he un a member, are tinlted to
attend the funeral senlrrs at his late resl
d'liie xi rirth sireet Friday evenlne, at
i o rim k Interment nt Malvern Cemetery. Pa .
Satiirda) InnrnhiK" II 311 o'clnrk
rum: -im .iav 21, mm, jiidson niKt:
nire,i nn Mirs Itetathes and friends, also
lstone l.ndse. No 271. 1. nnd A M : Ma
snnlr Veterans. West Plillnlelphla Lodne, No.
r.i2. I ( (I V . LlilnRstnn lli-. No
III) K of !' end other nraalll7atlfttis of whlill
he was a member, nre Imlted tn nttend the
funeral serltes nn Hatuniiy al 2 p in pre
clseh. at thi resldenre of his nephew, Judson
I Vnodes il.11 North HlRhlnnd nve . lUd st
nnd Hnerford ale Interment al Mount
Mnrlnh Cemeterv Auto service.
(lILIir.ltT. At her dmahler's residence, Mrs
Itachel Itihls on Ma 21. 1 1) HI. MART M .
widow of AlleTt A tlllhert. Due notlte of the
KI1IN VIII On May 2.1 into. At.lltmT KHt
NATK, Jr.. son of Albert and Lucy Kelnath
(hre llalmor). ned 32 ears IteiatUrs and
friends nlso members of the Veteran Corps.
Aithe Command 1st Infnnlrv. N. (1 V. aro
Invited to attend the funeral services, o'l
1 rldnv, nt 1 p in., nt the Loftati funeral
parlors of John C Klmmerle, 4B2I) North
llroid st Interment nt Mount Peace Ceme
tery. Remains mav be vleweri Thursday, from
N to Hi p. in. Automobile funeral
KIIM.IIK. tin May 2.1. Illlll CLARA R . widow
of Thomas II Kesler. Relatives and friends
nr InWtcd tn attend tl'e funeral services, on
Friday afternoon, at 2 o'clock precisely, at
Schuvlers. Hni.nl and Diamond Interment
private. Automobile funernl.
Klli:.(li:it. On Max 2d. lllld. SARAH, widow
of Joseph c Kreaicer. aued S7 vears Rela
tives arid friends lire Invited tn nttend the fu
nernl services, on Friday, nt 2 p. m., pre.
rleely, at her late residence, 2.1.14 North Fnlr
hill st. Interment nl Mount Poncn Cemetery.
I.ISIO.V in, Ma 23. Illlll, JOHN II. LISTON.
son of the lale Mb hind and Margaret Listen
Relatives and friends nlso Thomas I) Fllllet
ter Repulitban Club are Invited tn attend the
funeral, on Hiturd.n. at 8 n m. from tho
strength of the
company's guarantee, as
attested by its past record,
the absolute security of its
offerings, and the non
speculative nature of its
loans commend its secur
ities to careful investors.
Circulnrs on I! (quest
Philadelphia Company for
WHIInm It Nicholson, President
(ID Lund Title liiillilliiK, Philadelphia
residence of his niece, Mrf LloJ-d P. .Lucas,
B718 Hroomall vc Solemrt Mass of nequlem
at st Joseph's churrh m in n m rreclse t
Jnterrpent nl New Cathedral Cemetery Auto
.MILt.r.rt. )n My 21. lOlrl, at her Idle rest
denee, 11)32 North 2.1th Street. EMMA MIU
LKR, widow nf William Miller, In her.fl.1d
year. Relatives nnd friends aro Intlted to
attend the funernl services, on Saturday aftsr
noun, al 2 o'clock precisely, at the Hethady
Lutheran Church, southwest corner 2.1lh and
Monta-omcrv avenue. Remains may he Viewed
In the church only Interment private
JIONTAtlli:. On May 23, llilfl, EDWARDS,,
husband of Amelia V. Montnirue (nee fjunsnnl.
Relatives nnd friends, also I R Jl. Volun
tary Relief Dept , emplojea of Philadelphia.
Terminal Division, and members of th Holy
Name nnd Altar Societies of Ht. Columbfi'n
Church, arc Invited to attend the funeral, on
Saturday t S'.io n. m.. from. his lata resi
dence. 283(1 North 2.1th st Solemn Requiem
Mass at Ht Columba's chnrch. at lo a m.
Interment at Holy Cross Cemetery,
PALMLIL On May 23, 11)1(1. BL'SAN, widow
nf Thomas Palmer nnd daughter of tha lata
Charles and Elizabeth Hone. Relatives and
friends are Invited to nttend the funeral serv
ices, Thtirsdiv, at 8 p m., nt her Into resi
dence ln.M N loth st. Interment private at
Jirlstnl Cemetery, nrlslol, Ta., on Friday.
Trenton. N. J nnd Bristol paper pleat
PI'KII.. On May 23, 1!(1. at the Masonic Home,
HENRY A PKEli, nscd HI years. Relatives
and friends, also Montgomery !.odRe, No, 10,
f nnd A. M . nre Invited to nttend tho
funeral, on Frldnv afternoon, at 2 o'clock,
from the home .13.1.1 North Hroail street,
KIWI'S. On .May 21. Illlll. AMANDA 8..
vvddow of Harlow L. Illass Relatives nn
friends nre Invited to nttend the funeral
services, mi Saturday, nt 2 p. m at tho ret.
denee nf her son. John J. Lvahon, 12GB Man
tua nve Interment nt Fernwood Cemetery,
Ittllir.ltTS. On .May 22. lolft. MART C,
widow of Andrew T. Roberts, In her 7Sd
eor. Relatives and friends are Invited to
attend the funeral acnlces. on Friday, at
p m.. at her Inle residence, 00 North
Devvev st Interment at Ccntro BQUnre, Pa..
SMITH. On Mnv 2.1. 11)1(1, MARV RA11HON.
diuahter of the lata John H nnd Mary I.
Hinlth Relatives and friends are Invited lo
attend the funeral, on Friday, at ln n, m,,
from the residence of her brother In-law, Dr,
William II Jlult. inns Kalnnount nve. Serv
ices at II a. in nt St. Manilas' P E Church,
tilth and Wallace sts. Interment private.
I CMS. On May 21. Inin, ELLA dauuhter of
the late Anthon nnd Marv Tunis Due notice
of the funernl will lie Riven from her lati
resldcm e, R2S Morris street
We specialize In tho conservative
bonds of well established cor
porations supplyinR electricity,
Kas, transportation and other
public services in Rrowlnp; com
munities. 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
ESTlBtmiED IS 02.
Jfrmbera JTcto Vorfc and Philadelphia
1411 Chestnut Stbeet, Pitn.iPKt.rnu
80 Pine Stbeet New Toek
Vc have just issued a special
circular describing this Com
pany's business and the possi
bilities ot" its shares, which are
now selling at par $1.00 per
share. Copy will be sent on re
quest. L. T. Layton & Go.
Members 1'hllii. Stork KxcIiuiiko.
Real Estate Trust Bldg.
To Tho Holders of the First Morteaeo 5 Bonds
Consolidated Gas Company of the City of Pittsburgh
The two Committees which iiad heretofore been formed
for the protection of the bondholders of the Consolidated Gas
Company of the City of Pittsburgh hereby announce that they
have effected a consolidation into one Committee, composed
of the undersigned members.
Tin's Committee will act tinder the terms and provisions
of the Deposit Agreement of the Philadelphia Committee
dated February 17, 1916, with sucli amendment as is in
cfdcntal to consolidation. The amended agreement has been
filed with both the depositaries named below, and the right of
withdrawal under the terms of the Agreement expires June
The Committee has now on deposit approximately three
million nine hundred thousand par value of bonds (about 809o
of the issue), and will receive further deposits of bonds at
either of thr depositaries named below, up to and including
June 15. 1916.
Charles R. W. Packard. Chairman.
v-r.-Bnieiu i-ennsyivnma i nmpany
for Inn. nn Uvea and Orantlni
A, C, Rohlnson, Vice Chairman.
(President Hafo Deposit nnd Trust
Thnmns S. Antes,
(President Philadelphia Trust Co.)
V. S. Paito
(Vice President Qlrard Trust Co.),
II. ItovTrll firlsvvold, Jr.,
(Alex. llrown t Sons), Ilaltlmore.
I). Herbert Ilo.tettcr.
(President Hosteller Company),
Theodore G. Daub,
(John Daub's Sons), Pittsburgh,
The Pennsylvania Company for In
surances on Lives and (Irnntlnc
Safe Deposit nnd Trust Company.
firorce Wharton Pepper.
Watson t Freeman,
R. L. tlrnutlcam. Secretary
51T Chestnut it..
ON or About JUNE 1st, 1916
Will Open an Uptown Office
IE. Cor. Broad & Chestnut Sts.