tt
s-U
ttY&m$G LBDeEBr-PHIlJADMDHlA, JTEIDAY, MAY 26, 1016.
j
FINANCIAL NTOWfl
'WALL STREET INTERESTS WAITING
i . - --. -rr -- A-.. ,
ITUK jJJiJVJiiLiUFMENTSAT CONVENTION
Stock Market Is Listless in Character Variations in
jrx, ..w-jr ...uiuui, oigmncance, Keflect
ing Continued Shifting in Speculative Position
38
JjluirV
SiS
fot Ponts in Today's Financial NcWs
GdUt to the amount pf (2,600,000 received from OHn,n ;.. .........
lOOfiOq ces, engaged for shtpment o tomorrow. AtlnnH.nS.7i
k. New York banks
scount rale of Dank
eiv York Connecting
-v . .. -- .-. -"ii vi , wits Tiiirmnn. amn was
,. nermann arranaea another tommnrninl ju j ... in" """ i'v Kf
.cmomtt "as 0en il is understood that it will not bo more than $10,000,000.
3
31
our e,
.u'fc
""nun
aubutS
oW
lew
a llusrf.
' PUUlIm
talorj,
8 llflj Of
"'PS M
V or by
ok
!! im-
"r TJ
i Tooli
stnui
0YN
rreiii)
'Butt, I
ita.
asowr;
Wall street Is alwayB wnltlhg for somothtnir. BometlmM if i. B.,V,i!?.2J.' ...
.decisions; at frequent Intervals In the past It has waited for diplomatic notes and
answers, and just now financial Interests generally are waiting for the Chicago
.convention.
The market was listless in character all throuBh the day, and nerim .-.am..
Fould have been dull even If the nomination of tho Hepubllcan presidential can.
ildftte was not so close at hand. It Is a reasonable Inference that fears of unfavor
ble possibilities have really caused a general evening up of contracts and a r
klrement from market activities until after the convention,. ..
i'!l Until a definite Idea of tho elemonts entering Into tho rnntn.t .. , .,
pf It U hardly to bo expected that there will be any vigorous movement on either
fe tide bt tho market, except whero special Influences annanr. Tlil .. u. .u '" "
F lfl ""tllTl, C""0n -itnnt P.an Is announced at tho
laluO Ull'O . mo witvutuiuu iaUUlB.
Variations in prices today, while extending In some stocks over a wide ranee
.Wire without significance, reflecting chiefly tho continued shifting and flounder
to of the P'c!nal speculative element, which sold stocks at concessions In
the first half of the day and bought some of them back beforo tho close
, Tho market on the buying side was called thin, but it , . ' ...... ..
the Belling side, and when the bear offerings ceased business, even In tho leading
, faaucs like Reading, tJnlon Pacific and United States Steel common, came Smwt
I to a fltanofltm.
, There was no further 'Incentive to sell, Just as was found In the late trading
yesterday, when importance was attached to tho news of tho additional tax on
y holdings of American securities In England. The in,-l I,.t' . ..
m ..here is little available supply of our securities In England thai, can be forced
jiquiaaie py any uovernment measure.
Now York Banks Lose $3,386 000 in Cash
NEW YORK. May 2G.-Tho reported movement of currency this week Indicates
r.o in cash by banks of 3,386,000. The gain from tho Interior wm Ml BM00O
and shipped to tho interior $6,676,000. Including Jl.200.ona ZL ZJt'u.
fV Subtrcasury to San Francisco and $1,304,000 national bank notes sent tnlh
fi hrinn fni- nHilltinllnn rlnlr, .... ... .. . . "n "ole8 " 10 Wash-
NO. Payments by banks amounted to $13,147,000. showing - 7n BuMrSSw
vv . w.vw.,B nuuoo ol 4,ijh,uuo. Its credit balancrR
l"i""""' .v...l, in luaii uy uanira 01 f!0,498,000.
win net loss by banks of $3,386,000.
totaled
On all theso counts thoro
Will Ship G00.000 Ounces, of Silver to Europe
NEW YORK, May 26.-Zlmmormann & Forshay will. ship 600,000 ounces of
silver bullion on tho American Line steamer St Louis, Jeavlng for Eure to
morrow. w
hL ftlore Canadian Gold Received in New York
iSjL. NEW YORK. May 26.-Qo!d to tho amount of tiSKfinnn ...- v
' & 'JCahada and deposlt6d at th0 ABy Office for the account of J. P. Morgan
-J . .
JTHEAT IS STRONG
IN CHICAGO MARKET
mat
jBulIiah Influences Are Hot, Dry
f Weather and Buying
Orders
, SHAJJ5EI0p WBATIIIOT FORECAST.
' CUIOAOO, Mar 20. The weather foro
Jtafttor BOIionrs follows:
Illinois Thnnder sliower Into thin ofler-
lonigntt Baloruaj-,
kooa
op tnnbehc.
ttnnaur fair and cooler.
. gusBoon I'nrriy cjout
f irrert thl afternoon or (onfxlit, cooler
noiiaii oqiuranr. Kenernlir luir nnu cooler.
cooler
uuicir.
doudr.
nltli thunder
Ji.oc:
ui
nunti saturdni
Wltconsln Thunilei
n or tpnlxht, cooler)
mr ana
showera this
aainraar,
ntter-
partlr
45S.5
jrirtM"'
CmJ
tlKi3
it nuinesota lToonoir showers north to
Jtht. cooler! Haturdar, fair.
Ipirn Partlr cloudr west and central.
j tropabu' thunder showers extreme east,
cooler ianikUU Haturdar. fair and cooler.
, - 'orfh Dakota Partly cloudy tonlpht,
frpbablr nnsettled north, cooler) Saturdar.
lr and .warmer.
, 'Weoraslm. Boath Dakota and Kansas
j. S3351,or falT ton'iht and 8aturdari cooler
rr" " "
(.;, CHICAQO, May 26, Wheat was strong
I' today, at ono time showing an advance of
'' 'I cents or moro, and oloslng at a net gain
" f 1H cents to 1 cents. Continued hot
nd dry weather in tho southwest, with
' ' "tuylnf orders from that section and further
eotnplalnts from various parts of the crop
eountry were the bullish Influences.
' latora added more than 1.000,000 bushels to
on holdings and there was a perceptible
Increase in commission buying, much of It
believed to be from conservative sources.
Offerina were rather limited. The cash
JxwIUon, however, was still considered to
be anything but desirable.
,The exports of wheat for the week, flour
.Included, according- to Bradatreet's. aggre
gated 9,:380,797 bushels, against 6,263,993
bushels last year; from July 1. 398,867,238
bushels, compared with 370,307,206 bush
'la. the same period a yeargo.
i.. Jl0llern Miller says that crop con
JlUona In Kansas were less favorable as
.result of Hessian fly and hot winds. In
spring wheat section the weather was
ible, hut, acreage, the paper states,
ul be short 16 to 20 per cent.
following a brief reaction In the early
eeaungs corn developed strength, although
re was a subsequent reaction near the
it . ,p'na' prices were He lower on May,
Ho, higher on July, and c. higher on
Mpiember. There was covering by shorts
ria vv uruugni bdouc maimy Dy liDerai
,n purohases of futures by cash shipping con
! cerna inn tMwr4u .M ...t..
t rat In.oata ran prices up sharply for
k , i ' ut th6 early advance waB lost In
we later dealings by" the pressure caused
WQtn thA h!frh Invala vam ..t.tiTUh.J
p. final prices were Vc lower on Ma v. hut
V HHe. higher on the other montha
C.C la!Mr futurss rsns.d as follows:
izwimmms
-- mm n MOIHBlJf
2 41ft TOH .?0H ?oK
a 70S a 4T4 foa
43'
41
I New York Bond Sales
h. Low,
'288S or r db so.... "75- 'if
111U0O AnclO-Frenph R. n o
offin -!fmor P"1" Sec
-?9'Q Amer Tol clt 4s
iVfiX N0?? Tel cvt 4
On.
OH
101)
losli
S'oo AiSnfsoeT.?:::1 Wi
OAftS VITV"V.I WUU. .llMTt iiir,.
an Knox & Cln 4 fitiV: l
Ian Co Lino 1st 4s. UltJ Sl'
t & Ohio 3He..;. 02 ui
t & Ohio ?. " nij? Sill
Itt0hcv4j.,. on' no
i
I
juuii Allan Knox &
oSXXX fl..i.Wno.
nouuu uaic
10000 Halt
ll'SOO Unit
iiuuu jiao r is K & w v 4s sa
10000 Halt & Ohio os...;? 100
0"0 lJth Stcol rl45 :
10(10 llrUn !)nn T- ft. Xo
1000 llrkn Rap Tr (Is lOisllOOK
13000 C C C St L 4l .. R1
137000 Cun Gov As w 1 luua.luiiu
S,1, C.an.v Oa w 1 IBM. 100'
i?& 9.eni leather 1st Os.lOJ'
27S.. ent P9ist 4s no
1000 Cent R R N J 6s..;;il7
0000 Chill Copper 7.......12B
J000 Cbes 4 Onto cv 4&s.. 88'
4000 do 5s 10SI
IJOOO Chi & East III as.." 84'
1998 do 8s ......iot
,8000 Clil at West 4i;.;.. 71
lBOOO Chi A Nwn gen Bs 94'
21000 Ch B 4 Q Joint 4s . Ogi
oyou ao sen 4s : n
D
10OW
92
.3000 C M
St P cv Ss.
dlr
.103i
23000 do sen 4s 7 ": 53fl
laV
frt
-VI
M::.v: iilli
septBmWr'
MfUmUr
.jwsra
h
sot
tS "?
"Ptembai
f"K-
l2.es
..12.60
.l-'.TU
lbV
Bid tAskcd,
I i :j Jog
..... 1 12.47 112.07
12.48 i2.47 12.6a
13.6T 12.M tl2.75
12.40 'lS.BO
75
23. IB 23. SO
33 22.33 i'2.U2
30 f22.S0 22. Hi
loiio do dlv 4, 02'
jS82 3? 9.5 9?, ?s
?2?9 do rfd 4rl . ." ... m
1060 C SI P II i o deb 5s!l01?
5000 Col Midland ct 4s. 7? .ill
1000 do 4s 1BV
2500 Cons Oas ov 6.;..!:i285
3000 Corn Products 6a 1934 08
ooo Del & Hud rfd 4s.... 07K
VS92 d0 " llB ..,...! 100
42000 do rfd 6s 71;
JR2S 561 Edison 6s 1083.:i04H
(.000 Detroit United 414b 83
127000 Dls Beeur Corp Bs?.. 77H
2000 K Ten V A O con 5s 103
10000 Erie sen 4 ..74
,000 do cv 4n Ser B...I 72
11000 do prior 4s 80W
3500(1 do cv 4s 8or D w i 87
1000 Evansvl 1 & T II 5s 03
3000 Oen Kleo deb Bs7. 77.104ft
1000 Hud ti Slan In 5s . ... 20
.5292 !'u1 & Man rfd 5s.... 71U
lOeftO 111 Stool deb 4V4 , oUl
10000 Indiana SOeel 5s..,,..103
23000 III Central rfd 4s,,.!. 8'i
B00O Interb Met 4!4 !. 73
84000 Interb II T rf 5s.,.. 084
-'4000 Inter Msr Uar.et 4Hsl02
2000 Jspanesa 1st IHs.... 84W
300 Japanese new 4Hs,,, 84 (t
6000 Laka E b W 2d 4s.. 80
12000 do 1st 4s A-.... 97
2000 Lacku Steel 6s 1050,. S2i
Bonn Itcleds Oas rfd 5S..101H
2000 Lah Val of N Y 4Ha,.101H
1000 Lis & M T 7i......;!u'3K
1000 Manhattan 4s 01 5i
1000 Mo Kan A T 2d 4s , . 43
2000 do rfd 4s ,!, 55
1000 do 5s !!! 0JH
1000 Mo K A T Bx 1st 4s,! 79
5000 Mo Pao ct 4s ...... 47
9000 So Pae cv 6s . ... . 47K
4000 'Mont Power 6 08
1000 Nash C & Bt It Bs..l06Ji
6000 N Y Air Drake cvt Os.lOaS
1000 N Y C ly 8 8Hs ... 7BV4
3000 N Y C.4 II 6s ...!ll4 :
.-uuu ao av .......... 8nn
, .11)0
l02h :
: :
, 85 U
. 08U
. 02S
1000 do 4s ..,...,,,,,. 02VS
1000 do 4s :;.!!;;.:! 04
7000 N Y C i St It 1st 4s 84U
x yity s iua
do 4Us 1960 ..
do 4Us 1965 ,
KTOlUI'll
8000 N
IV
13.75
112.
12.6 13,43 tj2.43 12.B5
li,i ix.oa 1Z.D3 1;
..... ..... ....in 1
22.92 22.33 22.83 5:
32.UT -r.
TJorolnal.
WVE STOCK QUOTATIONS
HOGS Receipts, pO,000.
ugU h&
.vnxiaiiii. mu on XFAAia n.Mi
V-yMt 10c. lowsr. lllied and butchers ' t'jUoei
m&MJi
?rr5MTput
.SWEEP;
sy
604
,834
0.65;
0.OOI
rough neavr.
pls, 8.fo&
1500. Market
.E.iX.7..'
V!..-MQJ0 7S! cows and heifers. 14 28
A
CtlvM
-Recsipts.
steady.
V
ezans.
OV. StCckra anA
r JAAn -- .w
,!!
1UT ana Wealo! k ffi'TKO ;. lamk. ro
S13.60, ' " '- ' "". t
feeders. J8.73WDJ
l8.iseii:75
iu.uou. Market steady.
ir
it
DIVIDENDS DECLARED
S11?1 Ca'bn Company, quarterly of 3 per
M erd"3ff0tf " PDt July 15 to stock
Myers Tobacco Company, rekular
to
Sttsl Sprinv,
at
'
U2tt
vablat.?i i1? Mr cent, on preferred etude,
Kitlwnw o. V WV u .wu 4Uii ao,
' BUI,
resuiac Quarterly or
McdarHi vr.HatlDjf and tUrht Company
fiffiif ?"tr J1 -.foi. payable JuFTto
jmpj. v ccora jusi i&
jBf' Wi rtrfy
1000
30000
2000
2000 N Y N II & II 6s
8000 da res 8s .....
1000 NTOIW lst'4S
22000 N Y nwy ref 4s
0000 N Y Tel ten 44s
73000 Nor Pac prior 4s,,
oouuu nor ru a(i ...... oo
0000 Ore & W It A N 4s,. 8.1
6000 Pacific Ttl 3.. .,.,.,,100
1000 Penha 4s 1048 .. .,, 01)
8000 do sren.ct 4Hs.,,,10l
4000 do en 4Hs ....,,,103
loon People'" Oas 5s 101
Knn nnm Poll fia DO
srrs si-r" -:: r ..:"- .;.
uuu t'uu aerr ii j. us..,. "'
2000 Heading- sen s,...,. a
1000 Ilepub Cuba Ss 1904.100,.
llOOO Tq 6s 1014 ...j... J
1000 Rio Or A W clt 4s,, 75
1000 Boc-k Island 4s ..... 83V4
0000' do rfd 4s 74JS
10000 do 5s . 68W
1000 St I, I M b So sen 5s. 101
1000 St 1, I M. a UU , i
102;
las
86U
H?8'
78
New York Stock BaUs
38H
139 ,
sa.
28
82 .
otx
89H 39JI
139 139
22K 22H
27 27H
Et2 82
73V 73H
60H 60
COM 00H
t,t r1. ItUh. fow. Clot.
Adrance llumelT 10) 20H 10)1 10H
aot itamier pr... ...... 39Jf
Adams Express ,139
Alaska Gold Mines.. .it Z2X
Allts-ChalmbersMfe.,.. 27H
Allls-O. Mfg pf. . , 82K
AmBeelBoj.... 73H
Am Can ....,,.,.i...,., 67M
nm w ray , ., out uij w;i w;
Am Coal PrmlncH... ... .Ir.QU inn!4 1RRV lfi9
Amnide&KvttI.er...., 9 8H 8J SH
AmlcaSecntltles.,..,.., 28J 29W 28K 20H
Am Linseed.. ....... V)lt ?lt 22 22
Am LocouiottTe.,...i... 74 74J1 73H 73M,
Am LocomotiTB pf ,102 102 102 102
Am Smelt A net ,101 lOOJs 09W WM
AmBmcItptA UH 94H ,04H 94H
Am Slee) roundtlej fill, 82)s 62K 62H
AmSutar ncf pf.,..,,lio 118 118 118
Am Tel & Tel., 129!, 129) 129Jf 129H
Am Tobocco. ,,, 208H 20ft 205 206
AmTobpfnew 107 107 100M 107
Am Woolen AKU UK 4R 45
Am woolen pf ,, 08
Am wrltlnj P pf 185
Am Zlno h ASm 67K
Anaconda ConM nn
AtehTop A8P 105H
AtchTopABPpf 101
Dald Loco Wk 90W
Dsld Loco Wkjpf HO
uan a uno .,,,., uij(
Batopllas Mining , 2
Btookljn IlapTr 87
Dutte A Superior.. ..,,,. 94
Cal Tctroloum mw
vanaaian racilio 170J 179J 179
Central Leather 65 6S'i 54H
Chandler Motor 104 104H 1(3
ChesAOhlo 02k 02J 02W
Chlno Copper 63H 63H 63K
?,5'fao & Alton 10H low 10X
Chi Mil A SV Paul 03U cru i,u
ChIM AStPpf 129H 129H 129H 129
j. y J a 01 L, pi 82 82 82 82
Chi ft Northwestern ..,.130 130X130 130
CM A N W pf 109X 170 170 170
Chi It 1& Pan 20M 20U 20Jf 20H
Cluett Pea A Co. 73U 73!f 73 73M
Col Fuel A Iron 44 43f 43M 4W
Col A Southern 29W 30 30 SO
Consolidated Oas 139H 139K 13SW 138lf
Conllncntal Can 102H 104M 1OT 103
Continental Can pf 112 111 111 111
Crucible Steel 6!i" rfiU -4W 5
Cuban-Am Sujar 234 220 210 220
DcnAItloGrpf 2S 27!f 20U 205i
Detroit United nys 113J4 112 112 112
Ulstlll Sec Corp'n 61 61H 01 61
Dome Minos 28) 20tf 20 20
Erie 3QJ, 39H 30 30
trie Ut pf M)i 5IU 64 M
FcdMln&Smpf 38 37H 37H S7H
Gen Chemical..... 325 325 325 325
Gen Chemical pf 117 110 110 110
ucneral Eelctrlc 172 171 171 171
Goodrich D F 76H
MOTORS STAR AGAIN
ON NEW YORK CURB
Stocks of S. H. Kress & Co. Ap
pear and Sell 'Independent
Oils Irregular
BfHV mi R8H
2i)i 19H am
87H t6 t6M
85M 85 85
105Jf 105 10o)i
101 101 101
90,'f 83
110 110
02 9U4
2W 2
87M 87
93" 93
23X 23)4
89
110
01U
2
87M
93
22M
179
66M
103
02
6.'H
10)
U8
77K TOW 7flW
Goodrich B F pf 115H 115H 115H 115M
88Ji 88H 83H
47 47 47
121K 121!i 121K
41
76
07H
78
104
18
76M
11H
48
45!f
45f
24K
92H
r8
4Ui 41
76 74jr
97J 97M
78 78
ma 104
1KU 18
70
11
49
mi
45
25
P3H
88
110
20W
72J
65U
75H
11
47H
45W
46
24!
02
88
10? 108U
20M 20H
71M
66t.
127
70U
7D'
40H
121
30
2
6SU
127
70K
81
60M
121
31
4
12
CM
CW
79H
Hi
12
OK
OH
79W
00
esjf
07Ji
109
30H
AM
12
0W
OH
7Pji
121H
75
Grandby Consol 91)
Greede-Cananea 47
Great Notteernpf 121l
G N cfs for ore prop ... 41H
Gulf States Steel 76!
Gulf States S lstpf..,.. 00H
Gulf States S 2d pf 78
Illinois Cent 103H
int con uo v t c 8Q.... 18)5
Int Con Corp'n pf 70
Int Paper 10H
Int Paper pf 47
Insp Con Cop 45H
Int Nickel v t cfs 45H
IntM M cof dop 25
Int M M pf cof dp.... 93)
Jewel Tea 87K
Jewel Tea pf 110
Kan City Southern 20H
Kelly 6pr.ni: Tires 71)4
Kennccott Copper 66H
Kings Co E L A P 126U 127
Lack Steel Co 71U 72
Lehigh Valley 70 80
Lee Ilubber Tiro 4PM 61
Liggett & Myers pf 120H 121
Lone Island 29H 31
Lotlllard P Co pf 110H U8M 118H llt-H
Maxwell Motor :.. 60H 87 F5H 60
Max Motors 1st pf 90H f0)( 00
Max Motors 2d pf 58K f.8 68!
May Dcpt Stores 07H 07K 07H
Mexican PoUoloum 109 11QH 100
Miami Copper 38) 30) 3GM
Mo Kan A Texas 4)4
Mo Kan AT pf 12
Missouri Pacific 6!
MoPactr"cfs, OH
Montana Power RO
Nat Biscuit 120) 121H 121
Not Cloak A Suit 75 75 75
Nat Cloak A Suit pf....H0 107H 107H 107X
NatEnam&SCo 21 23H 23 H 23H
Nat Lead Co 07 07H G6 67H
Nov Con Cop 18 18 17H 18
New York Air Brake.. ..138H 139M 13') 139)4
NYNH&U 01 01H 01 01
New York Central 10GH 100) 105M 105H
NYOAW 27) 28) 28) 28)
NYChlAStL 41H 40) 40) 40)
Norfolk A Western 120H 1204 120H 120H
Norfolk Southern 22H 20) 205 20)
Northern Pacific 113H 114 113! U3H
Ontario SHyer Mln 8H 85 N 8!
Penn Railroad NA
Pitts Coal N J pf 103
Pittsburgh Steel pf 97H
Pitts OCA St L. ....... 83
Pressed S Car Cq pf ....100
Rv Steel Sd Co 41
Reading 102H 104) 102H 102K
RepubUc Iron A 8 4SH 48H 48 48
Republic I A 8 pf 111H 111! 111H 1119
St Louis A S F .-. 4 14 4
Seaboard Air Line 17 16H 10 10
Scars Roe A Co 186 183H 183H 183H
Shat Ariz COD 32H 32 31H 3D
S loss-Shot S A I 64 64 54 6-1
Sloss-SSAIpr 06 05 95 05
South Porto It Sug 208 215 215 215
Southern Pacific 100! 100H 100 100H
Southern Ry 23 22! 22H 22H
Standard Milling 103H 103)1103 103)
StudebakerCo 140! 141) 138) 130H
Tenn Copper 45H 45H 43H 43M
Texas Pacific 13 13 13 13
Third Avenue 62) 63) 62M 62M
Under Typewr pf 117
Union Bag A Paper 6!
Union Bag A Paper pf . . 30H
United Cigar 6tores 90H
Union Pacific 140
Union Faelfld pf 82!
U 8 Ind Alchol 150! 102
U 8 O I P A F 2ZM 22
United Rys Inv Co 10 0!
Un Ry Inv Co pf 20H 20
NEW YOniC, May 26. The motor Blocks
continued the most prominent features of
the trading on tho Broad Btreet Curb, with
United Motors actlvo and ranging from
7flH to 78. Chevrolet ranged from 246 to
J40, and Pcrlman nim from 48 to 49.
Thera wero some Indications that the pres
ent range has beeh adopted by the syndi
cate manager as a level at which stock
may be sold to the public, If outside buying
can Da induced by its recent forced
activity.
A new corporation appeared on the Curb
In the stocks of B. II. Kress A Co., tho
common selling at 67 to 60 H and the
preferred at 95 to 94.
Independent oil stocks were Irregular,
with buying of United Western coming In
response to statements that the company
Is receiving an Increase of 6 cents a barrel
on Its standard oil deliveries.
Flemish-Lynn was firm, with sales at
614 and 6H. Announcement was made by
tho president of the company that he has
Just closed contracts giving It the exclusive
rights In this country for the manufacturing
sale of the Oliver needle, also for the
Adapter-Stylus attachment. Theso exclusive
contracts aro expeoted to add largely to the
company's business and revenue.
Monaton Sllvor was active and strong,
ranging from 2U to 2V&. Thero was con
tinued pressure against Cuba Cane Sugar,
which sold down from 67 to 66, and
Mldvalo Stcol yielded from 64 W to 03.
The Wabash-Plttfiburgh Terminal stocks
were fairly active, with tho preferrod selling
at 61. Acme Tea, ono of the new features
of tho Curb, continued strong, selling at
57 H to 694.
Business Is generally restricted by a
disposition to wait for the Chicago convention.
1NDU8TIUALS.
Hid. Asked
Acme Tea BR'4 SO
Aetna Explosive 18 m,
AJax Rubber Tire A7 US
Aratrlcan-nrlttsh Mfr 15 25,,
American Marconi 8 . n)i
Atlantic Quit & W I ,. 4m 43
do nfd 52 53
Canadian Car Co 05 70
Can Car & Fdr Ptd 85 BO
Chevrolet Motors 241 244
Cuba Cane Uucar 57 V4 57K
Curttss Aeroplane' 48 52
prms-Seabury , 180 185
lCtssnlohr Tobacco 42 48
Pdo pfd 98 08
merson Phonograph, 12 13
lsmlsh Lynn o)i m
Haskell b Darker Car ..85 37
Hendee Mrs- 25 27
Inter Mer Marine , 24ft 25
do pref ,, H3 07
Kathodlon Bronta pfd 20 28
iirrss common ht
do pref , ..102V4
Maxim Munitions 8
Manhattan Trana 1H
Otis Ulovntor 60
Peorlesa Motors 20
Perlman Him 145
FOOlo Ena 08
Baxon Motors 88,
8 s Kresap w 1 1151
Standard Motors 8
Submarine 80
Trlanals Film 8H
United Pront Sharlns i)
V 8 It and II com 2K
do pref 4
United Motors 70
White Motors COVs
World Film ti
STANDARD Oil. STOCKS.
Illinois 160
Ohio 233
Vralrte Pipe 215
Standard Oil of California..., 250
HtAndard OH of New Jersey 518
Standard Oil of New York ox d.... 208
Sales in Philadelphia
Hh, Low. Close, ehire.
.-: sk m si m
"i "-, vvat i?
.... oift ni? qij
ii'Y"V::Si k ?..:
13 h V Tf f ... 43j
SA .fj
50 Buff A Bus t
.iu vrucioie Htl
avz Kiee
An I)la(
100 Krlo
Rtor
Heo
100 Nev Con A . 18V
84 North IV . 0.1
471 rwina It!,.., ns
xa l'enna salt Mfa-ioo
,10 Penna Hteel pf. 98
245 Phlla Blectrlo,, 27
801 P n T tr etfs., 18
827 Iisndlnir .,108
800 Tonosah llnl . . 4
10 Tonopah Mtnlnr 0
,55 Union Traction. 43
153 United Gas Imp 88
2120 V a Rtetl .... fin
.12 i NT ra,. 18
800 War Ir at,. 11
605 W Cramp tt B. 83U
5 Tork nwy . ,, I4tt
ou
do pror ..... so
DOND3,
.. Itlah
2IJU im UAltlEI OS V3
ouu Am ltwys cs .. DB
2000 Ilald Loc 1st 5s104
.2000 L V. sen 4s ... 01
12000 it v Drex rets
1O0O Pa,c cn'4ti;:o3
206ft Phlla Co en 5s 011
logo do 1st 5s ,.loi
lOOa Phlla i:iee 4s .. 82U
8009 do 5a .... ..104
6000 Heading- Ben 4s 05
a ti - u
' ISh 18 H
82H "2J4 .....
57(4 67S 7
H 100H lOOJi H
n P8yk P8H ..
27S 27H .....
f.(l 4U 4U .....
8 Su RSuZaf
18. 13H K
10T4 II. T.i.
.1414 144 ....
86 80 ....
Net
Low. Close. che.
08 03
ii 104U 104 i -4. V.
V, 91V4 SlH H
iooh'iooh .....
105t 10SH U
.si iaH - ?
05 OS U
BUFFALO AND SUSQUEHANNA RAIIiROAD,
CONTINUES TO REPORT GOOD EARNINGS
.mm .1 m 1 .. 1. c .is. .mini
Increases Shown in Gross and Net for April and Four
Months Cramp Trust Certificates Advance Two
Points on Local Exchange
FOREIGN EXCHANGE
NEW YOIUC, May 26. The market for
Foreign Exchange In tho first hour of busi
ness today was dull and virtually featuro-
loss, aside from a steady tone. Quotations
wero: Demand sterling, 4.7B 13-16; cables,
4.76 H ; franc cablos, 5,92 K ; checks, 6.92 !
rolchmnrks, 76 and 76i4 ; lire cables,
6.34; checks, G.3CV ; Swiss cables, 6.22;
checks, 6.28; Vienna, 13.20 and 13.26;
Stockholm, 29.80 and 29.90; pesetas. 19.96
and 20.00; guilder cables. 4H4 ; checks,
41 H ! rubles, 30.65 and 30.76, Special firm
ness was npparcnt In pesotas.
In the early afternoon the market con
tinued dull. French exclmngo turned a
shndo easier, to 6.92 for cables and 6.93
for checks. Sterling was steady at 4.7G91
for bid and asked for demand nnd 4.76 7-16
and 4.76 14 for cables. Ilelchsmarks were
nominal at lt and 78. Pesetas con.
tlnucd firm at the opening figures and Swiss
Improved to 6.26.
RATES FOR MONEY
Call.
New Tork Hi Q8H
Philadelphia 8 Waii
Boston R
Chicago BH04
Time.
SKQ8U
8 $4
4 (S4W
4 4fe
Coaden Oil
Ch
OTHER OIL, STOCKS
I
, 24H 24K
11 , 114
1VA , 1H
.'..v.: livs 12
BTOCKS.
::::::::::::: 2ft k
85 88U
, 03, 95
. 00 02
To i' aam.
0 83 ..
18.. 18V
TV.
m8
1 5-82
14(i
fuH 67 S7
103H 103 103H
OSVi 08M OSM
82K 82 82f
10U 100 100
11 X 41 41
halmers OH
Inter Petroleum
ILUUaiDIl VII ....
llldwost Itollnln
net rot
Sapulpa neflnlna
M1NINO
Uutto Copper ft Zinc
llutts N Y
Cerro de Pasco
Ural Manorial
Ooldflold Slerssr
Heels, Mlnlmr
Howe Hound
Jim Dutler
Jumbo Extension
ivenencK .ino . .
JfoKlnle3r.Darragh
Aiasrna uopper ...,
Alines , wo oi jimprica. -7
MlnlMnfnr MlnAS Co ........ 7V
flan Toy IB1
Ht Josoph Lead 16M
Wfist Knd Consolidated 1)
White Oak 13V
BONDS.
Crro de Pasco Os 114
Chen h Ohio Cs 04T4
Mldvalo Steel 5s OUU
80K
NEW YORK COFFEE MARKET
NEW YORK, May 26 There was re
newed liquidation In tho market this morn
Ing and prices at the opening were 6 to 7
points below the final price of yesterday.
The selling was bly the same broker who
sold most of the coffee yesterday, and,
white some of It was thought to be for for
eign account. It was the consensus of opin
ion that most of the pressure was in the
form of local liquidation. There was no
particular change In tbe news, although
Brazil seemed a trifle easier, and It was
thought that the selling had been prompt
ed largoly by technical conditions and by
the failure of the peace rumors to assume
anything In the way of definite indications.
Today's
opening
Reserve Banks' Discount Rates
Boston 8
New York 8
Phllndalnhla .. 3
Cleveland OVi
Ttlchmond .... 4.,
Atlanta ...... 8Ui
Chlcaso 8U
St. Louis 8
Minneapolis ... . ,
Kansas City... 3V4
Dallas
San Francisco. 8
10 or Over 10 Over 80 Over 60
less, up to 30. up to 00. up to 90.
8Vi
4
4
4
4
4
!
4
4
4
4
4
4
4
4
4
4H
4
4
Boston B
Now YrK o
Philadelphia .. 4tt
Cleveland 0
lllchmond .... 5
Atlanta 8
Chicago 5
St. Louis 0
8
vcr 00. Up to 00. 80 to 00,
P
4
4
3Vi
n
3M
3M
4
4
4
4
4
4tt
4
4
4
A
4
Com.
modlty.
Minneapolis
Kansas
814
3H
au 3
4 4H
SV. s
att !h
months. Phlladel
city
Dallas ., 3S
Commercial paper. 3 to 0
phla. 803H per cent. ,
Up to 80 days, over SO to CO, 4 per cent.:
over 00 to 90, 4ft per cent., and over SO. 5
per cent.
GOVERNMENT BONDS
2a rnunon 11)80 . .
fin rcljltfirfld 1018
8a coupon 1018 101H
4s reffisierea 11120 w huh
4s coupon lu;o ....,..,,. ill
Panama 2s registered 1980. B9
Panama 2s registered 1038 09'
JUL
i Bid
90 9ft
B9
18 101U
lOHi
Atlted
100
Panama 8a registered 1001
Panama. Bx coupon ...,
101
United Fruit.
U a Rubber
U 6 Steel Corp'n....
U S Steel Corp'n pf.
US 8m R&M
Utah Copper
Utah Securities.
117M 117M 115H
M 5ii 6H
30W 30H
OOH 00H
1311J 130U
B2ti S2H
158J 1S0U
22 2
uw "oh
20 20
30H
90H
140
S2U
Ami lfiOH I50H 153H
55H
..117
.. 73H
.. 81)
17
67) SO
80 mi
117H 117
Va-Caro Chem 42K
Va Iron Coal & 0 MH
Wabath .'., 14H
Wabash pf A 40H
Wabash pf B ,.. 2SU
West Unloa Tel 0S?f
West E4M 62M
Wheel & Lalco Erie SH
Wheel ALE lit pf .... '15H
Willys Overland ,.,,..,.270
Willis O pf i ( f d. .
Wbconsm Central. i 39)1 38, 33
WuolworthfW 136H 135 135
Quoted ax dividend.
74
81
16U
42U
65
15
40U
2SM
OdW
62H
5
14
73)
mi
10
42)f
04
14K
4U)(
28
ea
pa
5
14
50H
S5M
117
73H
81
16K
42
64
14H
40M
28H
06H
62
5
14
275K
May
Juno
July
August . .
September
October . .
November
December
January ..
February .
juarcu
Yesterday's
close
IH.4Z
1.50
1.58
8.8008.65
!"!";; 8!7sa.8o
8.8008.85
April '.'.'.' '.'.'.'.'.'.'.','.1'.'. 8.'o88.03
ioiai sales, duuu pass.
eo
8.4
H.4SG
8.60
8.0H9
B.B3
8.09
8.7a
H.lHt
8.8311
t).B2
8.U04
8.47
I8.5t
'H 58
8 03
'8 70
8.75
'8.70
'8.85
8.89
Mi
BOND OFFERINGS
HUSTBUR&, Va,, May 26. S. C. Goggln,
clerk of tho Board of Supervisors of Camp
boll County, will receive sealed bids until
noon, June 6, for S240.O00 4 Mi per cent. S. A.
20-34-year optional road bonds. A certified
check for 2 per cent Is required.
CAPE MAY, N. J.. May 28. F. W.
Fowkos, clerk of the Board of Freeholders
of Cape May County will receive scaled
bids until 11 a. m., Juno 6, for $103,000 5
per cent. S. A. various road bonds. A cer
tified check for 2 per cent. Is required.
NEW BRUNSWICK. N. J May 26.
Edward Burt, collector of Middlesex County,
will receive sealed bids until 2:30 p. m..
June 5, for $150,000 40-year jail and $80,000
20-year 4, Hi or 4V4 per cent, workhouse
bonds. A certified check for 2 per cent Is
required.
NEWCASTLE. Pa.. May 26. C. E.
Brown, city clerk, will receive sealed bids
until 10 a. m., Juno 19, for $160,000 4 Vi per
oent. 3. A. 10-20-year optional Improvement
bonds. A certified check for $600 is required.
Earnings of the Buffalo and Susquehanna
nallroad Corporation continue to show In
creases as compared with the same periods
of the previous year. The returns for
April were Issued today and the gross
showed an Increase of $7097 over the ftamo
month of last year, bringing that Item up
to $120,762, Operating expenses were cut
down $1288 to $93,719 and the net revenue
for the month was $21,042 a gain of $8385.
There was a balance after all deductions of
$36,699, which Is an Increase of $22,666.
For the first four months of the year tho
gross earnings total $567,468, lncrense
$117,186 and the net $147,581, a gain of
$103,107. Tho balance after all deductions
for tho four months Is $208,786. lncrense
$156,808. The good earnings did not affect
tho stock favorably, however, and the com
mon sold off 1M.
The statement of the number of freight
cars stored and awaiting repairs on the
lines of the Pennsylvania Railroad east nnd
west of Pittsburgh as of May 20, 1916,
shows that the number east of Pittsburgh
was 8910, and thoso west 6074, a total of
14,992, as compared with April 1, 1916, a
decrease of 19,363 or 56 per cent. In view
of the fact that all the cars aro In actlvo
service the fact that less than 9000 are
awaiting repairs on the lines east of Pitts
burgh shows' thai Ihey represent only about
5 per cent of the total freight activity.
Earnings of tho Led Ilubber nnd Tire
Company- In April were considerably above
those of March. In fact the hot revenues
last month, It Is learned, were sufficient to
pay tho quarter's dividend on the stock 6t
the compnny at the rate Inaugurated Ihls
month 50 cents regular and 26 rents ex
tra. Since the present company was or
gnntxed about tho middle of December last,
the net earnings have been sufficient to pay
an entire's year's dividend at the present
rate of $3 per share on the outstanding
stock With a small balance to spare.
Asldo from United States Steel com
mon there was very little activity In the
trading on 'Change today. The stock; was
off a fraction during tho morning In sym
pathy with Now York. Price movements
throughout the list were Irregular.
Cramp trust certificates were strong, ad
vanclng 2 points In the Jnorru"ng. Electrld
Storago Battery also gained a fraction.
Baldwin, on tho other hnnd, was weak,
losing 1H points In tho morning, the 8treet
attributing tho selling to disappointment
that no action was taken on the resumption
of dividends on tho stock of the meeting
of tho company's directors yesterday after
noon, when tho regular disbursement woo
declared on the preferred.
Financial Briefs
"During the remainder of the year we
should look, not for Increases In business
totals, but for a maintenance of present
levels In some lines and slight decreases
in others Tho general settling Into more
normal volumes, gradual but reasonably
certain, la already apparent," says the
Franklin National Bank In Its Juno digest
of trade conditions.
Orders for railroad equipment Just re
ported nggrcgato 48 locomotives nnd three
passenger cars. Inquiries cover 726 loco
motives, 806 freight cars and 600 under
names. Tho New York. Subtreasury gained $837,
000 from banks on Thursday, making cash
net gain since Friday of $1,202,000.
Tho New York Stock Exchange seat of
Max R. Mayer has been posted for trans
fer to Roger M. Poor. The consideration Is
$66,0Q0, which compares with $61,000, the
last previous transfer.
The export of copper for the week ended
May 25 In tons follows: Week ended May
25, 2902, decrease 1283; month to date, 13,
971, decrease 14,877.
April gross earnings of tho Third Avenue
Railway wero $920,585. an Increase of $46,
134 over tho corresponding month last year;
net $310,583, lncroase $98,505.
Information from an authoritative source
today was to' the effect that thero Is nothing
peni'; I in the affairs of the Pennsylvania
Salt -anufacturlng Company, and there aro
no Atrelopments awaiting tho action of the
company's directors next month. The com
pany Is doing an excellent business.
James A. Blair has been elected a director
of the Third Avenue Railway, New York,
to succeed James M. Wallace, who resigned
a few months ago.
Tho Committee on Stock List of the New
York Stock Exchange received the follow
ing application for listing securities upon
the Stock Exchange: New York Municipal
Railway Corporation, $2,266,000 first mort
gage 5. per cent sinking fund bonds, Series
A, due 1966 ; Oregon-Washington Railroad
and Navigation Company, $15,000;000 first
and refunding mortgage 4 per cent bonds,
Series A, due 1961 ; Union Pnclflc Rail
road Company, $10,600,000 first Hen and
refunding mortgage 4 per cent bonds, due
2008.
LONDON STOCK flIARKET
Quotations Quiet and Markets Havtt
Listless Appearance
LONDON, May 26. Quotations ruled
quiet on tho stock exchange today and the
markets hnd a listless appearance. Recent
ofilclal utterances have ended' all peaco talk.
Ollt-cdged securities wore dull. Home
rails held comparatively steady, but within,
narrow limits.
Americans were flabby and lower, with
the exception of United States Stcol. There
was a renewed rush to sell or deposit dollar
securities with tho Treasury following tho
announcement by tho Chancellor of tho Ex
chequer that an additional Income tax, of
2s. on tho pound would bo levied upon In
comes from such unoffered securities.
Canadian Pacifies were dull, and Argen
tine rails cloned slightly below the best
Allied bond Issues held steady and Peru
vian commitments were strong. Tho secu
rities of the cities service corporations
spurted on dividend talk nnd prospects.
Rubbers lacked steadiness in sympathy with
the staple
BAR SILVER
o.I?,Ii?ndon Jjar ""ver was quoted today at
34 S.lOd,, unchanged.
Dar" silver was quoted at 71 cents In New
York, unchanged.
LOCAL MINING STOCKS
TONOPAH STOCKS.
276K 263
1065f lCQIf JOoJf 106M
33
135
$100 BONDS
101
a F een ct.
do rfd. ct eta 4s.
10O0O Bt I,
AAA An rl
asooo do n ct sta 4s
278500 4o AW 1 ...
69000 do adl w 1
7000 do w I , . . ,
IS8000 do In vr 1 ......
3000 8t tBw eon 4s
10OO South BU os......
42000 S9Uth Pao 0V U
luou ao ct w
lAnnn Rnuth Pao rfd
.aim SAuth nv Een
JWWWW ."...- ..- - (.
45000 BOUin. ttwjr wu
4000 Texas Co cv ,
5000 Third Av rsf 4;--42000
Third Av adl Bs..
2000 Toklo 5s .
5000 Trl-Clty Bs
IDOO u n u ?
sa. . . .
". US
104
7
joiji
TH
101
io
ni
18QO0 V 8 BtJ ' 5. 'Bsa
76000 Onloa Pas W U J
2000 Union Pao jrfd 4s.
2000 Va Car Cam 1st (s . . J7S
10OO V s dafsr .
5000 Va Bwy Vow 5a
6000 Wabash 1st 6s .
1000 Wb-P TM SI 4a. .
gOOO da O Sd -
1000 West Shore W s . .
sow yttusm eB,
Alberta, Province of,.,,
Anslo. French ..........
Argentine Oovt ,.,.,,
City of Baltimore.....,,
City of Chi Bar Con....
City of New Orleans Imp
City of Vancouver......
N t uuy r.,
N Y City rez.......
Ala vlcks 1st con
B k. O O U R 1st
cent vi nwy isi rca,
nhl n A O nanvftr ctxt
CM St sea rfd con
M Bt .
n xr a st
Col 8o ref b ext
oonv.
Erie Oen conv Series D,
N v csntraj con aio....
M V A fl I. (Rrlal 1st...
N Y N ir H CO d ct..
N Y N 11 If con da rl(.
Norfolk b West lit con.,
Seaboard A It 1st fe con.
So Pac Han Fr Term 1st.
Virginian -Ry 1st., ... .
Am Aerl Chem con deb..
Am Ice Securities deb. , ,
Am T T coll tr etfs...
Am T T coot- i
uetn umi ist a ru
Cent learner
r
tM'coI
Light
Poto TJ
Elto 1st.
iPRil Light con
Oas ft
USD C.10Cir!C U,U. . . a . . .
OrcafWest Fow con db.
Lack Steal 1st con- ...
Laclada Oaa 1st. ...
Llaxstt Myers dtb re.
Iixsett A U7sr deb ra.
PLorlIarr?b "
P LrUUrd db .re. .....
Pierce. Oil con dtb ..
r ij si ru,,
s in coa. . ..
ceav cftf
I Montana.
..! a:
WH
YUcan ',
Rats Dus Bid. Asked
: i i.w m im
; 5 845 0 , 01
: l ml io8 :;
IB hit m .ni
',',, 5 1021 SS.. 8
j UwO VH ,.
:; 4 io22 o.. .
I s 2014 ioau :; ,
, iU 1B32 logS 10IH
. Vi w3 sa . $05.
, 1053 (Soft 8K
:l .ft1.8'1!?
, 660 85 85K
oil ! i
i'; I" III Ti 41k
, 9 ! 101 io?
k S8 B "?
A hh 88(4 9iK
!eso s oaS
-.i up ip
PREDICTION OF RAIN IN TEXAS
HELPS COTTON AFTER DECLINE
Early Drop, Caused by Heavy Selling;,
Following Steady Opening
NEW TORK, May 26. At the openlns
this morning- the cotton market was quite
steady at an advance of 3 points to a de
cline of 1 point, being; affected by steadiness
in Liverpool and further peace rumors, but
the market met rather heavy selling which
eventually sent the whole list off 3 to 4
points under last nlsht's close.
Later the market steadied several points
on the prediction of local map readers that
ir the low temperatures north of the West
ern belt worked Into Texas, following re
cent high temperatures, they may produce
showers, which, according- to advices from
Texas this rnomlng, would i work great
danger to cotton.
Fluctuations were narrow during: the mid.
die of the morning. The early decline of
1 to 5 points, was followed by rallies which
carried the new crop positions 3 or 3 points
over last night's closing figures, while July
was relatively easy under continued liquida
tion and sold about 10 points under Oc
tober, Tho market showed a better tone around
midday. The selling movement this morn,
ing was much less active, suggesting that
scattering liquidation had been pretty well
completed; and whits there was no change
In the favorable character of weather and
crop news, prices rallied on covering and
a little support fron) trade sources.
July contracts were rather slow to ad
vance, but worked a couple of points over
last plant's closing figures, while later de
liveries sold 4 to 7 points net higher,
Tea. eloss. Open. 11 a.m. 12 m.
&::::::: B IBS im u:m
October ......Jj.sa 12.83 12.82 15.83 1
uecemoer ,...'- iz.ua ix.va
iaouary ..... 13.02 18.03 19.01
ugust 12.55 12.63 . ..
Liverpool Cotton
; LTVEltFOOIj, May 38. Spot cotton was
quiet today at a decline of 8 points on
the basis of 8.47d. for middling uplands.
The salea were 5000 bales. Including 3000
bales American. The Imports were 3000
bales, all American, The market for futures
closed steady at a net loss of H point to an
advance of 3 points.
Bankers Sell $8,000,000 in R. R. Bonds
NEW YORK, May 26. J. P. Morgan &
Co. and Kuhn, Loeb & Co. have purchased
$8,000,000 New York Connecting Railroad
Company 4 H per cent, first mortgage bonds,
principal and Interests guaranteed jointly
and severally by the Pennsylvania railroad
and the New York, New Haven and Hart
ford Railroad Company. They were Bold
at 93' to yield about 4. CI per cent., before
2 o'clock this afternoon.
Bid
Jim Butler 02
MacNamara 10
.Midway a
Mlzoah Extension 27
Montana 32
Northern Star .17
TonoDah Belmont 4s
Tonopah Kxtenslon Aft
Tonopah alining UK
Rescue Eula 47
West End 1.12
uubUMULU aiuuiva.
Asked
.05
.11
.25
.28
.84
.10
4 n-ici
US-IS
1.15
Condition of U. S. Trensury
WASHINGTON. May 26. The condition
of the United States Treasury, according
to a statement Issued today, was as fol
lows: Net balance In general fund, $129,
230,432; total receipts, 162,380,611: total
disbursements, 54,239,108; deficit for the
year 828,911,348 exclusive of the Panama
Canal and public debt transactions..
Weekly Cotton Statistics
LIVERPOOL. May 28 Following are
the weekly cotton statistics, figures In
bales: Imports, 43,000; Americans, 40,000;
stock, 701,000; American, 668,000;, for
warded, 65,000 ; Americans, 63,000 ; exports,
4752,
Atlsnta 11 .12
Blue Bull 02 .04
Booth 20 ,22
Bulldog Ol .02
COD 04 .03
Combination Fraction 08 .10
Dlamonddeld B U 05 .08
Daisy 04 .00
Florence 45 ,4R
Goldneld Consolidated V4 .90
Ooldfleld Merger 10 .11
Jumbo Extension 02 ,94
Kewanas i 12 .14
Oro .04 ,05
Sand Ken 05 .Ott
Sliver Pick -j..-.. 10 .11
MISCELLANEOUS.
Arizona United 20 .30
Fairy Aztec .01 ,02
Klmberly .- 02 .04
Nevada 111)1 ,., .IK .20
Nevada Wonder 2.12 S.23
Tccopa Mining- 14 .17
RAILROAD EARNINGS
PERE MARQUETTE.
1010. Increase.
Third week May 383.048 101,000
From July 1 18.077,502 2,372,382
The Colorado Power Co.
First Mortgage
5 Gold Bonds
Due May 1, 1953
These bonds are a first Hen
on the property of the Com
pany. There is no other
funded debt outstanding.
Cash largely in excess of tho
bonda has been expended on
tho property.
Net earnings over 24 times
the total annual bond intcr'
cst charges. - rr
Tho Company is fundamen
tally stronger today than it
has ever been in ita history.
Prico to yield about 5.30
Send for Circular No. S90
William P. Bonbriglit & Co., Inc.
MORKIS WISTAR STROUD, Jr.
Manager
437 Chestnut St., Philadelphia
New York Boston Detroit
Ijndon ' Tarls
William P. Bonbrlght & Co. Bonbrlcht & Co.
CANADIAN PACiriC.
Third week Slay 2.OIOJ100
BOSTON AND MAINE,
April Orosa 14.447.44a
Net 870.112
BUPFAIX), ROCHESTER AND PITTSBURGH.
April gross 1607,675 1198.943
Net 230,788 6(1. 81M
Surplus 155,423 127,181
1,033,000
1631,474
-tuo.zua
Pennsylvania
Gasoline
Company
We have lust Issued a special
circular describing this Company's
business and the possibilities of its
shares which are now selling: at
par, 11.00 per Bhare, and which will
shortly be listed for tradlns pn 'the
New York Curb. This circular will
be mailed on request.
L.?.Lf&Y?0N&C0.
Members of Phlla. Stock Exchange
Real Efctate Truat Bldo.
Philadelphia, Pa.
BANK CLEARINGS
Bank clearings today compared with corre
sponding day last two years:
10111. 1015. 1014.
Boston 132.043,931 123,812,230 124.448,814
12.68
18.04
s.m.
12.25
12.79
12.83
Wl
Rank of Bombay Discount Rate Cut
BOSIIIAY, India, May 26, The rate of
discount of the Bank of Bombay was to
day reduced from 7 to 6 per cent.
DIVIDENDS
THE WEST PHILADELPHIA TITLE AND
TttUHT COMPANY
Philadelphia. May 11, 1010.
Tho Board of Directors hss.thls day declared
a Semiannual Dividend et Hlx Per Cent.,
clear of tax, payable June 1. 1619. to Stock,
holdsrs as registered on the books or the Com
pany at cloao o( business Msy 20. 1016.
Tbe Transfer Books will bs closed from May
30th to May 3tst. 1919.
RALPH I. LEVERING. Treasurer.
T1I1S AUKB1C.U4 (Md COMPANY
IV uarMt
St.,
A ouartarly dlvldand
share, has bwn declared
or mis company, payi
Camdsn. N. J.
May lfl. I SIR
.01 Ilk, or H.uo
nr
ta stock
i.
tared on the capital stock
rabta Jane 1st. IBIS, to ths
d at 8 o'clock p. m., Uar
till t VA lla
B. TQWNSEND. 14. Trsaaursr,
stockholders of recon
ITtb. tOtS. . Checks will U mailed.
NEW YORK BUTTER AND EGGS
NEW YORK. May 20. BUTTER firmer. Re
cslota. 10.105. Extra creamery. 80.&30Hci
higher scoring. 30H OSltfe.i State dairy. 80c.;
Imitation creamery. 29Vi027He.
BOOS Irregular and tons generally weak. He
celpts. 23.618 packages. Extra. 24W if. c:
storage packed, extra firsts. 3 M 23 Vic: stl.age
packed, regular. ,2223c.l . white eggs. 23ft
32Cc; brown. 2iH tf 23c.; mixed colors, 236240.
We own and offer, subject to legality,
3)150,000
READING, PA., 4's
Due July! 1021, 1120. 1031
Real Voloe t83,144.30
Assessed Valuation. 63,338.253
Net Debt 839.902
Net Debt let than .011
Tax Exempt in Pennsylvania
Pries and details on astllcation
N.W.Halsey&Co.
1421 Cbestaut St.,
New Tork Chicago
Philadelphia
San Francisco
rfrYrrrrrrrtrrmc iiinnini, . k. P,J
Sugar Market Continues Dull
NEW YORK; May 38. -The susar market
continued extremely dull today and price
were unchanged from Thursday Spot
Cuba, raws was quoted at 6.37c tnd Ant
sraBuUted t 7 75c and 7.68c
SPECIAL MEETINGS.
j3S THE
13 LOAN
UANHGIU BUILDING AND
AssornnoN op nFiiinK.
TOWN. PHILADELPHIA.
A SMC la I meeting of ths stockholders of this
Association will by, held at ths Offlcs of ths
Association, at the southwest corner of Coulter
st. and Qtrmantown ave.. on Thursday.. Julr
20. 1819, at 8 p. m , In accordancs with a raso-
uosro. oi Directors, to tax action
ah aftnsnvl 1 As nls annAifB I n tha ASAfwABk4 a
WW "". ; ".. sx aa aptvi
SVt IVIV) sVt O U, Ul , HI KtVUfUalU
lutlon of th Board of Directors.
ax
U
CHARtES 11,
A DrOBOAtd In.
crcaoo. ol lh capital tock of tbls Am edition
roiu n,uvivw w
2.000.000.
,ES II. PAQK. Ritcmtm
WILLIAM C. 8TOKVER. Solicitor
DIHECTOHY OF ACCOVNTAJiTa
Any Person May Use
the Morris Plan
to meet heavy payments without draining his
resources, It is the one plan sanctioned by
employers.
Heavy bills, additions to the home any proper
need may be financed in a business man's way and at
business men's rates. Supervised by State Banking
Department. -
Lay your needs before ua. Let us tell you how
the Morns Plan may help you. '
The Morris Plan Co, of Philadelphia
tfJr.Ii 5o1l Offices:
11UWMV
Certified l'ublls Accountants
- .- lr4.wM:NCB E- BIlOWN CO.
111 JIBaL- XSTATB TBUST TiUILDINQ
R. hta Hunt, V, P, & Treas,
&
1507 Arch St
fci
m