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lV13jtflKG i.BDaJ3R PH1LAIELPHIV. TUESDAY, JUNE 6, 1910.
Ofcd.fl
M.
"? FINANCIAL NEWS
m.a ' ' 'i' i i ...
j OF PRICES IN TODAY'S STOCK TRADING
r . .
'Mercantile Marine Issues Only Ones to Suffer as Result
&. of Death of Lord Kitchener rind Staff Norfolk and
i Western Reaches Another New High
Wew York Stock Sales
High Points in Toddy's Financial News
Stockholders of Cosden & Co. hold special meeting on July S to vote on
increasing capital stock from $l,00O,CO0 to $7,000,0000. About $2,000,000 in
gold arrxvtd in New York from Canada, Four copper companies declared
extra dividends. Preferred and Common Stockholders' Committees of Inter'
national Mercantile, Marine agreed on course to be pursued in relation to the
'tompany. Price of bar silvtr higher in New York and London. Exports from
port of New York for last ivtek smaller. Iitading Company re-elected direc
tors at annual meeting.
NEW YORK. June 8,
Tharo wns a Rood dcnl of Irregularity about price movements nnd tho
I market tone throughout the day. The disaster to- the English cruiser Hnmi
Bhire, resulting In the deaths of Lord Kitchener and his military staff, was
- looked on with a great deal of apprehension as a disturbing factor .before the
opening, but Its Influence was shown only In the development of weakness In
tho Mercantile Marine' IssUes. Those stocks have always been sensitive to
unfavorable war developments, and there was a lack of buying In the pre
ferred stock this morning with some Important houses. Including Hitter, nnd
Gross, appearing as sellers, causing the price to fall four points.
Tho copper stocks made only n trifling response to the Increased dividend
distributions, nnd held this trifling gain for only a short time. Utah Copper
advanced 91 to 82H. hut was soon down to 82. Hiitto and Superior, however, on
Which the regular qunrterly and extra dividends were declared, made a gain of
four points to 93;.
There were some wide movements in the motor stocks, Chandler falling
from 125 to 117V4. nnd recessions were noted In both Studcbaker and Maxwell
Motor. Third Avenue was a stronj feature, selling nt G5?i, with buying based
on predictions of an Increase In the dividend rate at the end of the year. Thero
yaa continued persistent buying of Norfolk and Western, which, after early
sales at 133H, rose to the new hlgi record of 130-.
The announcement thnt the leading meeting was conllned to routine mat
ters was disappointing to some holders of that stock. After a three-point ad
vance to above 103 lost virtually all Its gain. Business In tho last half of the
day was generally small In volume, with a disposition prevailing in Important
quarters to wait for definite news from tho Chicago Convention before- mak
ing any extensive commitments on cither side of the market.
Copper Companies Declare Extra Dividends
NEW YOIMC. June 6. Tho Butte and Superior Mining Company declared
the regular quarterly dividend of In cents a share and $10 extra, tho same as
three months ngo. The dividends arcs payable July 1 to stock of record June 20.
The Chtno Copper Company declared a regular qunrterly dividend of $1.25
a share nnd an extra dividend of (1. Directors also appropriated $1,250,000 for
tho enlargement of milling capacity.
The Utah Copper Company declared a quarterly dividend of $1.50 and an
extra dividend of $1.50 a share. Three months ago $1.G0 and $1 extra was de
clared. The dividends are payable June 30, to stock of record June 16. In
addition to tho dividend, the directors appropriated $2,500,000 cash for the en
largement of milling capacity.
The Nevada Consolidated Copper Company declared n ' regular quarterly
dividend of 37 cents and 3H cents extra. Threo months ago the regular
37 cents and 12 cents extra were declared. Tho dividends are payable
June 30 to stock of record Juno 16.
Tho Kennecott Copper Company declared a dividend of $1.50 a share
quarterly, comparing with $1 quarterly three months ngo. Tho dividend Is pay
able June 30 to stock of record June 13. ,
Cosdcn & Co. to Increase Capital Stock
BALTIMORE, June 6. A special meeting of the stockholders or Cosden &
Co. -will be held at Tulsa, Okla., on July 5 to vote on Increasing tho capital from
$4,000,000 to $7,000,000. Of the increase $1,926,025 will represent the recent 50 per
cent, cash dividend authorized by the board. This stock will bo offered to present
shareholders at $5 a share for tho investment of tho cash they will receive ns tho
dividend. The remainder will be held In the treasury of the company for future
corporate uses. The company already holds $500,000 of its stock for the conversion
of the 0 per cent, bonds now outstanding to the extent of $2,000,000 and which can
be converted into cash at 20 or 50 shares of stock for each $1000 bond.
$2,000,000 in Gold Arrives From Canada
NEW YORK, June' 6. Gold bars to the amount of a little more than $2.000,.
000 have been deposited In tho Away Ofllce to the credit of J. P. .Morgan &
Co;. The gold was received from Canada, and brings the apparent total of
the present movement to $31,586,000. The exact amount of today's import has
not yet been figured.
WHEAT STRENGTH
CAUSES SURPRISE
Buying by Commission Houses
and Covering by Shorts Make
Prices Soar
OKAIN BELT WEATHER FORECAST.
CHICAGO. June 0. The virathrr forecast
for 36 hour follonsl
Illinois Rain tonight, cooler south. Wed
nesday fair, preceded by shower north,
strong shifting: wind.
Missouri rartlr clouilr went, rain and
cooler cast tonlfbt. Wednesday fair nnd
warmer.
Wisconsin Bain tonight. Wednesday
cloudy and probably showers and high
winds.
JllnncKola 1'ortly cloudy with showers
north, tonlcht cooler.
Intra 1'artlr cloudy west, rain east
tonight cooleri Wednesday fair and some
what warmer. .,
North Dakota rorlly cloudy tonight with
rain northeast and colder rasK Wednesday
fair and warmer..
South Dakota. Nebraska and Kansas-
Fair tonight and Wednesday, cooler tonight,
somewhat warmer Wednesday.
CHICAGO. June 6. Buying by commie.
Ion houses and covering by shorts on ad
verse crops news and poor prospectB for a
needy termination of hostlllles abroad
caused surprising strength In the wheat
market today. There was profit taking at
times, which resulted In ocacslonal slight
reactions, but offerings were absorbed
easily apd last prices were at the top for
July and only lc. below tho best for Sep
tember. Weekness at Llverpol and good, soaking
rains In the Southwest were practically
ignored. It was apparent tha the specula
ttve Interest had oversold, and It was com
petition from these that took the supply
off the market. Wanner weather Is re
quired in the Northwest
The Ohio report for June was bullish.
It placed the condition of wheat there at
CB, against S a month ago, and 98 a year
ago. and declared the crop to be the poor
est In years. Advices received by a leading
authority here indicated that data received
by the superintendent of a line of elevators
In excellent wheat territory In Kansas,
pointed to an average outturn of around
0, hushels per acre.
The visible supply In the United States
decreased 381.000 bushels for the week, to
l,l3,oa buahels, The supply In Europe
(Continental stocks omitted) la 103,734,000
bushels,' against 10,5,731.00(1 last week.
Stocks in Australia amount to 90,563.1)00
bushels. Clearances fron) the. seaboard to
etk. were light. Receipts at interior points
teera moderate.
Leadlnir future ranged as follow:
Wheat Open, -HUth. law. Cloi
w iitu
Friday's
CIOSS.
Ooen. Hueh. Low. Close, e
1 Al fUlU 1 mil ! Al: t .,-!
. .. ... ..v ...., .vm - ..-y J . .U47
.emuer .. jf j..ui5 -.ui7i.
irn iew -Wtfjffryr
fuw
ftseunber
paptMnbef
k&
O
OS.
40
iuti
33
to"
l.1
6Si
Sail
U81,
tS
12.30 12.25
.J.S.SS ,..
1
12.:
2.1
1S.23 11I.0
JS.1Q 12.12
IS 0
m -42,10
.20.84
3M5
MsUe?
JiT
Sf, 12.00 12.22 11.10
SO.tl) 20. At 20,62 1 20.90
2Q.M 20.20 20.1 20.
. 20.23 . .:: ,
UILROAD EABN1NGS
IINVBAl'OLlS Afc'P ST. 1-0013.
HV EST Jui, i ' ' S.S7S.81S
Sfefe FfWyft'
4$n, rAumc,
MRMS
leer.
121. m
1:3. m
T.2
.:
New York Bond Sales
Hlsh. Low.
,,m ., . .. insn. LOW, CJOS,.
J f 0(1(1 Alaska Gold cv Us llr.'H 1-U 1UL"4
SissooH AHelo-French S uiifj u.vj ii;,f!
"Hill Aml- Km-I, U- rt- ,..., .I.L , I.J , "
t 1" "- "-
H lux', ltwji
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juott Amer Smelt Sec lis
muni Amer lei cit -is. . .
.-aim uo cvt fr
2II3IM) Atchison ire
IOUO do cv 4s Ml.Vl (nil.
KJOO do. cv 0s 1U17 1(H?
2(10(1 Allah Co Um 1st Is. . IrjlJ
SHU Halt & Ohio 34 s US'.
30(10 do In (lilt
auoiMi do cv ihs unS
uooihi Bait & O Bwn 3ii... Ill
3(H)0 Haldwln Loco 5a ll
looo Heth Steel rfd .Is 102'
100( Hrook Hap Tr 6s KilS.llioJ,
Awiuii Can Gov Ss w I ltisil.liniH
itiiiio do Ss w I ll)3t liilC
s2ou do as w 1 lt2l ino
uint icni i.eatne
100(1 Cent Pan la
1IMMI Cent It It N' .1 r.a
1000 Chill Copper Ts .
301)0 Che 4 onto IH
Soini Chi at Weil Is.
KKIil Chl It Nwn en .Is
3200(1 C 11 & Q Joint Is
iiiuii
Clos.
Hw
U2
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101J,
113
Ul
11(1
111
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i iu2i iiiiii, mult lD.ni
er 1st Ss. ..102j; 1II2 102',
1st Is sols Mil
:.v
iHs.. K2
8a .. 77J
74i;
UK
. 12814
III
Ti
do tnn -in untl
iiu.ik j, in , ' ..:.
.,.... uv ii ii i,ii
.looo c M & St P dlv 1.. U2H
2000 do cv as km
. 11 will do cv iV,n KitU
2000 do rfd lft 04
20OO Chin Oov llukuany 3a 72
4000 Co b South 4H ... 81
15011 Con Gas cv (Is 121
4000 Cumberland Tel 5 . . tooH
1000 Dfll IlUit ranu Jh 111711
nooo Uq' rfd 1 on"!
2000 Detroit United 4H
2H0OO Ills Secur Corn S
2(K)0 Erla cv Is Her A ... 71I
looo do cv 1 Her n w I 8I1V4
SUOO Oreen Pay 13
1000 tJen Elec deb 1 .....loin
auoo 111 Steel dcb-4V4 ...11121.
iuum in i:ent -is uiaa ..... mi;
i mhju
11100(1
2000
350011
unoo do 1st la HO
100(1 do new IH 84V
looo Konatu i .... 7ii?I
5000 Lex A E 6s Idiots
3000 Lacks Steel 5 111.10, 02U
B0OO lh Val of N Y (Mi 1111)1!
IUIU L.lg A
100(1 Lou ft
. 1000 do
'20OO Man ta
8000 Minn ii SL I. 4a 1 58
6000 Minn at l 8 S 51 1,, DJTi
20OQ Ma Kan T 2d 4 . . 15
looo do 6 ... ,..,, MS
"1IIIIUI ln lis. . J. loll
2300O do cv ct 5 W
2000 Mont Power S ..... OS1
lOOO N Y C t 11 4. 'VI ... DO
1H500 do Ss Jill 1J3H
8000 do 3M , 82i 82?
8000 do 4Vi I.I.'. OHi 1)4
YlSS. K 1 lA. St U alv IMU
4000 N Y City re Is '53.,lud 10(1
41 di.ci uuu i;jg ...111.7.
Ill Cent Is Hi ,13 ..... ftilU
Interb Met Ilia ,.,. 73H
Inter Mer Mar et IVsa.lOin
Jap 1st IVis , 81I
do n.w O S 414s... 81i
UN
128V4
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711,
115 Vs
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113
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hi
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83
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urn.
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its
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113
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108
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Ml
72
81
123 W
loot,
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00
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nun
1024
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10(1,
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83
(19
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ion!
'n
lots
Val of N Y IHa loo'i loovi lon'i
k M T 7a I85 125 125
It. Kash sen 0s.,,112S 1124 1124
is iI oin mn
ta 1 ill!, HIS 01!
D8
U2T
45
illH
I m
HI
loou do 4 105T inn
SOOO do 4s 1058 100
looo do 4 Vis 18(11 1024
42000 do 1V4 t65 108
looo do 44s Nov 1057 ..lotVi
20OO ft Y O H PI ... 83
80OO da 3 ....... :I. ..lOlV
J(KM) JtTNlUIIIl.. 11241
looo IS Y Rwy res la 7R
(MM1 do adl 6s &7:
ZIUWI ni K !
n IVis
8000 N Y W tf B !.. 73
80OOO Norf A Wet cvt 1H.31U
loou do 1 ...081,
"- ! w i.,iv, " "-"I
duuij ao sen o . . ... . , . . . uo
cow ura Hwy M rn 4. . 01
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102i
108
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574
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834 854
TTi 78K
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102
87
SS
HI
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soon ore W R t N Is.
Ilblft D..IM. -I-..I' K-
10OO Penna 1 118 '. '.'.
sfo SKBiai4!.!::
11000 Readiia gen 1. . .
12000 lUp Ir . S C. . .
7000 Rock Island 1,...
2ono do rfd U ......
200O da It
looo Bt L I M So sea Am. 102
OOO St L 1 B r sen ct. . . T
1S100O do A w 1 8014
OOO da adJ w 1 . 81
000 do In W f 4714 .
OOO daw-l 1U ltd
11000 Stihnanl A T. fA Am ASLl A91?
8000 do ev 5 T ;
looo . do r(4 4
tlAtKV south Rwy sa t
3000 do con &
2000 Tls Co cv fl
looo third Av ret 1 .
looo do adJ Is . . .
lnOO Tot St I. 4. IVf 4s.
4000 V 8 Rubber a 103
SV4MHJ t 0 Bll I O . .
loooo Union Pc 1st 4
sooo do's
aood tin. Rwy 8 I" 4
JBSK X C P&'" t
36SU Vs RwVS
aaH Wsi. saW a
604
l?l
88 V. 80U
ton: 10H
ss son
1l 7114
I014 1014
(OIK lOltf
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704 79V
B.1 S3
03. 1024
. 103), 103
. . 97(1 ati
93K 83$
M 3
. 04 38.
. nan
to; i2
, . Lset cloite. Hlh. Low. Close.
Adsmi Exprtsj 133M 138 138 138
AdranfB rtumelr. ,, 18H 2)M 19J 19M
Adv Rum6ly pf ., 30H 40 39 39
A1bj:9 J Gold M P U D 9
Alaska lloU Mtnsi 23Jf 6.1 22W ?2t,
Alll-Cliinl(!riM ..., 27 23M 2J, . 2ZH
AlHf Auk pr ,.. MM MM 82M R2
Am At Chemical ..07 63H 63H 08)1
Ant uoni BUlit 82.'i 83H 81 81
Am can mm fiOM fi&M 60M
AmCafAFdy CO COM 69Jf o9,'
Am coal I'todUCH ICO I COM 100 ICO
Am Hide leather..... 8' OM 9M BM
AmllldoALpf SOM oOM 60M BOM
Am Unwed... v 22M 23 22 23
Am Unswl pf ,o!f 49M 49 49'f
71M
Am Ixiromollto. ..
Am Lcromotire pf .
Am smelt A lief .
2M 72M 7Uf
102 101M ID1M 10111
H8M 98M 07M 97U
Am Smelt &npf HIM 1I2M 112.M 112M
Am Smelt pf A ...,.9.5 95M 95 93H
Am Smelt nr 11 88 87U 87H' 87M
Am Steel Foundrl's ... ..VIM MU COM 60f
Am Sugar ttetlnlnit 112 111M 111M 111M
Am Sugar Iter pf H7M 117M 117M 117M
Am Tel & Tel 20M 130 I29JJ 129M
Am Tobacco 2MM 202M 202 202
Am Woolen 4iM 4i,( -I5M 45M
Am Wrlllne P pf 23M 25 M 24 21
Am Zinc h & Sm KIM !-5M 83' K.',U
Atiaconca Cop M 83U aiM 8I1M 83M
Ateh Top A S r" in im 105M 10IM 105M
Atcn r a H r pi mi Kll 101 101
aii toast Line ii.l
Halt! Loco Wks 89
Halt A Ohio )1',
tlatopllas Mlnlnu 2
llethlchcm Steel .t.,n
Drooklyn Itap Tr R8M
nrown Mnoo 6S
Ilruns T A It It .sec 8
Ilutte A .Superior niij
Canadian IMrIMn 17oM -170M 175M 170M
Central Iathfcr 5IM 64M AIM ol'i
Central leather pf lll'f 1.1 IM 111M HIM
i-n.inuier iioior -l-'o'l 12.1 IlTJj 121
FRENCH CAN LOAN
AMERICAN ISSUES
BY A NEW PLAN
Minister of Finance Ar
ranges for New York Sale,
on Demand of Owners
Sales in Philadelphia
Net
llleh. t.ow. Cln. c.ie.
. . 83'A
. . 6'l
Ill's
604
EXTEND WAR TAXES
11..H 115 115M
00f 88M 88M
91M 9IM
2M 2M
155 45(1
8SM 88M
57 57
815 8M
8!i 89
l)2M
2
450
88M
57
8'i
113
Ches A Ohio M
Chile fopiier 20j
thlno (OiiiiT
Clilcaso (lre.it West..
Chl Mil A St Paul ...
Chl M A St I pf
C C V A St Ii
Chl It I A I'ae
Clnett Pea A Co .
53
. 13'f
. lf
.130
. 50
. 20'f
73
OIM
21
3M
12V
KIM
130
C7H
20f
fl
(H
21
-Vl
12M
OSM
130
57!f
20M
71M
oih
21
53M
12't
osM
130
57'f
20M
Clnett Pea A Co nt MOM Kh3i 100M I09M
Col KiipI A Iroi .12'4 42U 42! 42M
Col A South 1st pf 55 5JM r5M 55M
Continental Can 103 102M 09 10)
Cosolldated Oas 139 13') 13NM13SM
Continental I ni 55 50 50 50
corn i'roiltirts Iter 1UM 19 I8( 19
Cnirlble Steel ,S3j SO 83' 81
cruciuio steel pr no
Culian-Am Sucar 231
Deero A Co nt !1() nil
Detroit Kdkon 131 133M
Dhtlll Soc Corp'n 4H'i ISM
Dome Mines 27M 27M
BUISS A AH nf 12'4'
Hlec Storage Hat 01
Erlo :tMg
Erlo 1st pf MM
tieneral Motors pf 117
Goolrich II K 77
Oreat .Vorlhern pf. ...
G N rf for m iron.
Ciulf States S 1st pf..
Gulf Stated S2(l pf ..
Illinois. Cent
i... , i ,. , -
nil 'IKIltmiunu p) Omv2
Int Ilarv N" J 112
Int Ilarv N J pf 117
Int Ilarv Corp'n 82 82M
Int Ilarv Corp'n pf KWM 10S
Int Con Cor v t c sh.... 18)f ISM
mi con corp n pr hi
Int I'apar I2!j'
Int Paper pf , 55
1I7M 117), 117'
am 23i 23 im
90 90
135M 135M
48
27M
ll'i
01
38'f
Wi
IS
27!,
11M
OHi
38' i
53M
llOii
I1M
Itt
39
53M
HUM 110
. 77 70if 77M
.122M 12IM 121M 121M
. 3'JM 39 38'f 38M
.101 101 90J,' J19M
. 1)0 90 88'.' 8!M
HUM 100 10-Uf 100
h'i 52 52 .
110 113M I15M
117M 117M 117M
II V YVfts lltlVoT,
Ex-Minister Of Pulitlc Works. Editor of l.'Asence
Eronomlquo et Flnnnclere.
Special Cable to livening l.ttger
PAItlS, Juno 6. The Minister of Plnnnce,
Alexnmlre Itlbot, has solved the cltnictiltj
tlmt has been preventing holders of AmerU
can securities on the Paris llourne from
lending their scciirltles to the Government
for purposes of wnr finance. Provision Is
now made that thc'leiulcrs of such securities
can demand Of the Government nt any time
that their shares be sold for them In New
York nnd the money remitted subject to tho
rntn nf nvrhntieo on tbo tiny of sale.
In cases where French holders hnvo left
shares on deposit In Now York they nre
not required to bring them here to lend to
tho Government, ns that only means two
transportations across tho ocenn, ns the
Government wants to uso them In New
York to rnlse money.
Tho law preventing new Isues of stock
without Government authorization Is be
ing made more strict. Tho latest stricture
Is that a second offeiiFO means two years In
prison.
Thu General Confederation of Workmen
hns met to consider the problem of women
woi Iters. Tho confederation Is hostile to
women, but does not dnrc nght. So It is
trying to lay down rules that will result
III forcing women out ot many pinccs. 11
Is trying, among other things, to choose
the trades whero women may bo nccepled
and to fix their pay, under pretense thnt
womrti do not know how to handle sucli
rpiestlons for themselves; but so far tho
confederation has not been able to fool
the women.
Tho Senate Is tightening up the taxes
011 war profits, nnd Is now making them
effective until tho year after 'tho war has
ended.
(10 Am Beet Suar. . 83'A 81
OOO Am Can on1! on
0 Amer Mllllnc. . 04 jnft
110 Amer Rwy prci nv 1184
10 nut flap o-ivr naS
10 Cam Steel M 83,,
2U0 crucible, Steel . mi.. 8IH
lnio Ijleo 8lor ...... d'i ill
Id Krie 3?4 3JU
.... . ..... ..... ..... VI , 71
llif ueii ntv,t iir.. ai k - .. . , (.In
800 l.k ami Corp.. to, fl -i',,P V.!0 "t-i
lift Lenlsh Nav.... 7(1, 75J 7(1 lu
ion Lcn VM , n'V , "' .?:,," T "
jin " '".I
rt i -is
118 ......
18.. t-.!
H
:4 H
raV .W
naV. 3J
83. , H
sin .:(
3 i
71
1.1 l.i Vnl Trn..-ai' 31'
311 do pref i... 13H' ,1
il Norrlslown ....113 113
18
Jills Vau fAns. IM
loo .Vorf Wel!;i35J4 1fj.1!i
741 1'enna II It. ... . nJ r84
in rnnn Co cum pr ii!
2I1H7 1'nlln Blec 281
Ma r u T tr ens. . lii
414
28
lo
7'l
1S.14 1
in
7flJ
:k
..3J I'hll Trac ,77,, 70T1 W -r,2
1 ii.l Itfnmn ltil'4 ill llltg '
S.I So nwy 2.1K 723? 2-yi
1 7.1 Ton llel ...... -I'll 44 14 "h
41
111,
m
88
81'
1".
MA Ton Mln
loo Uii Trac ....
10(1 11 (1 I
lmi.1 IT H steel ....
2.1 IV N V A I'd
SO IV J A Hen . .
14.1 Cramp & Hon
. IIONItS.
HlBh, Iiw,
S.1IIII Am 111 l!Bi.. HI 93
2(10(1 Am ltwys ris...iOK 10(1
.1(1(1 City 4s -10 0..1II2,,
1.100 K(C Peo Tr 4 8()4
limn Kqu III (las r.n. Kill.
Kllllf Key Tel It..1s. U8U
loon l.h N'v ens 44a.l02U
23000 lli Val llrex
. rrla 44" . ..10051
,1000 t, V Tr 1st A.. Mists
Dili ill l'a Co Gen 44s.ll)lt
Kiniiil do cona IVsS.lllMi
470(1 Phllll Klec 4s . . 83ji
10(1011 llenillnn urn la ll.1
1111111 iiemi-jr Cent 4s 117 in
loou Hpnn Am I lis.!!!-' . I112 .
Kliliio Htnn.l u A HI (Is.toilVi loo!
loou Un Itwy Inv ,1a 71) 70
.47 t. 1
J.tiJ T '
i "B.. Ssi "it
I ft JJ -if.
. 4! mis ''? . i?
. 814 81 Hl 4
102
Kll
Kill
111'.
102 '4
IIKm
103 J,
1014
10.1.
831.
Net
Close, chanso
8.1
inn
102,
lllft
I02'i
II
u
tool'.
103,
101 f,
10.1,,
iiSS - I
1)7 (I
102 ,
1 oov .....
70 4
SLIGHT IMPROVEMENT SHOWN IN LOa
MONEY MARKET; RATES UNCHAN(
, . - .
Betterment in Demand Noed in Some QUarters-l'l
ing on Stock Hixcnange vjonumues vuiec, with
Most Business in Arbitrage Issues
werd Unimportant, stocks seliin. ..,.S
the rame price as the closlnft li.i a'3
Lehigh Navigation, which dronirtll
In the, trading yesterday af erho?nWa
ered of Its loss before middavTV??!
Asphalt preferred declined it. ii;.0.'ift
brla Steel gained a fraction as eZ?ffi
with tho last previous sle, WB?tifi
I'liiiaoeipnia iiapid Transit trust ''K
cates, ivhlch have been the fMii?-5T
trading in the distinctly local u,ii,7 ??
some days past, wero Unchans-.V 7 " I
final prlco of yesterday, selling -11 ."Wi
There Is very little change In the money
market In this city. Willis there Is some
improvement noted In quarters In the de
mand for funds, It la not very pronounced,
hut this batterment has had the effect Ot
hardening rates a trifle, although there
has been no change from the rates which
have been quoted for some time.
The belter class of commercial paper is
In very small volume and the rates are low.
Very little buying of commercial paper Is
being done by tho country banks, as they
are not Interested In the P"ntB,raB-
Trading on tho Philadelphia Stock Ex.
change was again quiet today, with most of
the business being done In the arbitrage Is
sues, the most nctlve of this group being
United Stnles Steel common. Price changes
Financial Briefs
Insp Con Cop . 7j
Int Mclcel v t ch I5J
Int M M cof dep 20! j
Int M M pf c of dp oni$
Jewel Tea bSH
Jewel Tea pf l()8Ji
Ksver J & Co 83
Kelly Spr ns Tire 75V
Kt'iui'ruit Copper 531J
utrieuo lias 105
70
12V5
501,"
10
20
J'.r. t
S54
82
10S
IS
82H
108
mi
rM
55)3
10
-15i
91 i
85
M.
1 8l3
. 55i
.'ill,
ll.V
5ij
15
21'
03ti
85
lOSSj 108H 10S
K 81.' 1 85
70 j 70 70
MM 53.' 53ti
I()i 105H WoH
U 14 11
MM 8L'M 82M
50M MM
,HH 34
Lake Erie & West.
I, Mjli Valley
Leo Hubber Tiro . .
Lons Island
Louis & Nash 13DJ,- 1333, 131
.nacKaycos stij si 81
Manhattan Shirt Co 60 COM OflH'
Maxwell Motors ,s7 )-sm tllVj
Max Motors 1st pf DOlj 00M UOJi
.Max .Motors 'u pr sujj iio; a;)
May Dept Stores OUii Ofi fci
Mexican Petroleum 10S'4' 1084 1071$ 107'j
Minn & St Louis (l!$ OH Olj OH
.innii si 1. pi is, is is is
Minn St I' & S S M ...-.lHOM Pi'-'Ji 122 122'i
.mami copper 30 30 35JI 35M
53M
31
132H
SI
00M'
87
OOJ.
50
Jlksourl rarlflc .
Mo Pac tr cfs "...
Montana Power
Nat Hiscult
Xat Enam & S Co...
Nat Lead Co
Nev fon Cop
New York Air llrakj.
N Y N II & II
New Yo'fentral . . .
N Y O .SKViNt
Nprfolk a Western...
North American
Northern Pacific
Ontario Sliver Mln. ..
Pacific Mail
I'aclIlcTel & Tel
l'enn Itallroad
People's Gas Chl
Philadelphia Co
Pitts Coal Co N J ...
Pitt Coal Co N J pf.
Pullmar. Co
Ity Steel Sp Co
Hay Con Copper . . .
Iteadlnsr
Reading 1st pf
Heading 2d pf
Republic Iron !c 8 .
Seaboard Air Line. .
Seaboard A L pf ...
Shat Ariz Cop
Sloss-Shef S &!....
South Porto It Sill.
Muth P It Suit pf. .
Sou 1 hern Pacinc...
Southern Uy
Southern Ity ul 08
Standard Milling pf 03M
ntuucuahri u 141 -
.. fWs 0 0 0
OH 0 0 0
. 81 812, )ii 81M
120j 120)5 120W 120M
. 24M 251,' 245,' 21JJ
. ttH 07V, 07 07
. 17N 18t, 18 18
133 1.111,' lICS 133
01 01M 01M 01),'
.105',' 100M 100 10UH
. 27M 28 , 28 28
.131 1301, mii 135Ji
0S, 60i OSJi (Mil,
1MH IUH lit 11-1J,
7M 7'J l'i 7M
. 22M 21M 20!. 20),
; . ;h si 33
5S5S 58t. 58H
101H 101H lOlh
101,' -10 40M
27 27 27
10215 10115 10215
103M 103),' 103M
HJi 431 43!-,
L'.l
1IH
5S1
.102
. 40
. 27
.102
.104
43M
... 22M
....101
12W
47
47J(
17
39
32
53
231
1IR
, OSM
i
in1,
42 If
47
47M
10!i
3.1
:u
53M
230
120
08
23;,' 23)5
OUfj OS
1)3 Oll'-i
14 IM 130
2J1. 22 K
100M 10H5
42-5 42H
11)
40M
10
38
32
53M
lilt;
10
3S
32
5-JJi
231 231
I10M 120
OSH 08! J
23J,
118!,'
OJJ
13)
111
42Jj
193
lHi
btudebaker Co Df 1111-S 111 ill
Tenn Copper 43K 42J5 42M
TemCo : 101 101 100
lejasl'aclflc uu iil 11)1
Third Avenue fliu iwir nils nn:
Tobacco 1'rod pf fa 105 im 103
unmn nag & ! pf ;jQM 30M 30 30
. 01 07M 07M 07M
137H i:t8l 137H 137)$
. 82), SSH 8215 82W
,101 102)5 150 150)5
24), S3W 23!
63H 53H 53H
United Cigar Stores,
Union Pacific
Union Pacific pf
U8 Ind Alcohol ....
USOIP4F 24
US CI Pi Fpf 52M
51 i 51tf
1 i l-i
lOSJf 100
,n ,
ynitea rutt ,,.,102 163)5 101 101
Un Ityj Inv Co pf , 20)5 21 20 0
KiSfll": 60 S0J "' "'
H 5 gteel Corp'n 84 8-1W 83) v3vj
H2cteef,'?0l?'npt-U7J l,7 1,7 l7
U 8 Sm II & M 74U 77 7X 7
,u, aJs l pr ' 51 si1
Utah Copper.. ..,, sijf sif
Va-Caro Chem pf ...,.,,100 109
Wabwh., . liH Hi(
WabashpfA 40JJ 60)5
Wabash pf U 28M 28),
WeUi Fargo Eip i8M 128
West Union Tel us 05
Western Maryland ...... 32H 32)(
WestEiM 80M COM
n ucri ct 14&U crio 4, ,j
nuijr urenana ,305 313
wum urruna pi.
Wlsronsui Central. ,
Woolworta V W pf.
60
2H)
12S
ulK
33
60M
4)5
303
oj
28)5
128
U5
32)(
(li
3J3
114 114H H3M 111
88)5 3-3)5 30)5 39K
J24H 125M 125)5 123H
NEW Y(5RK BUTTEH AND EGGS
tor
HUTTEn Larger of
Uc. In crtstrty srd.
NEW YORK Ii.. a
ferlns nod prlcrs docllBsd
ivccsivis. . .i.Dao nicus. Eltra cresnurv
"?i;O30c teo"n- OM, lP.i 8tU dairy,
KOOS lllh trade firm, with
iy quist. itecelDts. 33.S23
siurKerPs.c
sts. 2iB.flll
C-T2 'ji..--wTT
uniwiH.iriM;,; jj.
market sn
fcttra firsts.
roily aul
gswiuo.; toraie-iu,cked sura Brt. 2
r?Zf. ririT--.. ? o.; wuio cbit. xsoTc
niq colors. Xi&Sie.
LIVE STOCK QUOTATIONS
,iCllIPi'9?' 1 . UCjOB stolpU. 11.000
istt K .,., 1 7". i7.7..T. ..-"-" t. .,
rli.y; ., iv.auvif.a,, rouxa risavv
JjJ i IIMWS.8J; bulk. :so
ilS'tT1sfCi,Jl,J!,i'l' ,S0- j&fr1 (!.
U.fttf: llurs aod fesdsr. 18.7SOB. tJAns
IU.1S08.81: lvs. 8.60Oil,Sa. HV ' 4,in-
BHgttV-Recelpu. lluo. ' lUrkets st.sdy.
Ni1vb nd Wtsltrp, 5T.g: gmc. U.T091K
i BANK CLEA8INGS
Vank clfarlo odir comparsd wttli corrs
.POUdta, d.y iMtwy W:
UMtOU 1J1.B-JX.15.1 I10.JM.03S lll.Sitt.'sTl
Kbw TT ,MJ!pS4Sytl.sl!S M.ill.Ui
COTTON MARKET IS NOT HURT
BV LORD KITCHENER'S DEATH
Tone is Steady at Starr. Pressure
Causes SliRht Declines
N'KW VOItK. .Tune 6. Although the
deaths of Lord Kitchener and his stnfT came
In for a great deal, of discussion on tho
Cotton KxclianBrtj this morning, tho market
wns not affected and the opening tone was
steady with prices 4 points higher to 3
points lower, the lato months showing tho
declines
About tho only feature was tho selling
by tw) Interests believed to represent Wall
Street Souses.
Liverpool was a limited buyer of July,
and an operator, usually acting for German
Interests, purchased a substantial amount
of October. Southern traders wero per
sistent buyors of the entire list.
After the call moro pressuro developed.
especially In the nenr months, nnd July
and October fell 7 nnd G points respectively,
white tho lato positions were only 2 points
off.
The unsettling influence of tho late break
In Liverpool and uncertainty as to tho Im
mediate effect of tho loss of Lord Kitchener
on British trade was rertected in decreased
volume of business rather than In fresh
trading cither way. Possibly, apprehensions
that tho rain nnd wind storms reported In
some sections of tho central belt would
bring In damage accounts tended to check
selling, while the absence of inoro active
liquidation was naturally ascribed to tho
strengthened technical position of tho
market.
Tho receipts of cotton at the ports for
tho day wero estimated at 15,000 bales,
compared ., with 18,503 bales last week,
0317 bales last year, nnd 10,725 bales In
1911.
Tho membership of Charles K. Thomas,
deceased, of tho Philadelphia Stock Ex
change, has been transferred to Clydo L.
Paul. The prlco pnld was $3500. Tho last
siilo of a sent In tho Kxchange was for
)37.00. An election for vice chairman Is
scheduled for Juno 26. Nominations will
bo received up to June 1G.
The earnings of 122 steam railroads In
the United States having operating revenues
nbovo $1,000,000 -a year for April were
$209,tlG3,000, nn lncreaso of $36,802,515
over April 1015. Kor ten months ended
April 30 the earnings were $2,083,017,535,
a gain of $201,656,113.
Tho directors of the Maryland Electric
Itnllways Company have elected J. N,
Shannahan vice president and treasurer.
C. D. Porter has been chosen general man
ager to' succeed T. C. Cherry, resigned.
Yesterday's election In Chicago resulted
favorably fir the $5,100,000 brldgo and
$3,760,000 lighting bond issues.' Tho al
Issues wero defeated.
NEW YOIUC, Juno 6. Tho coffeo mar
ket was quiet this morning, .with first prices
showing declines of 5 to 7 points.
The retiring board of directors was re
elected at the nnnual meeting of tho
Mexican Telegraph Company today. No
other business was transacted.,
Tho samo board was re-elected at tho
annual meeting of tho Central and South
American Telegraph Company today.
Only routine business. It was said, was
transacted.
James G. Balfour, has been elected a
member of tho board of directors of the
Union Traction Company, succeeding
George AV. Elklns, resigned. Tho Balfour
Interests are also represented In the board
by Lawyer Joseph GllOUan.
WILD AUTO BUYING.
CHECKED ON CURB
Tightening of Money Market Be
cause of Huge Motor Stock Pay
ments Is Responsible
adelphla Electric was also unch.VJ.fl-
lrncuonni nuvanco ivas recorded in Ttf. i
Gas Improvement. In the S,,
Electric atom ... "erno?n trtihJ,
prominent, advancing a good-sized iL
as compared with the close of yVsUr?,-
11:00 2:00
Yes. close. Oren. A.M. 12 M. P.M.
Mnrrh 13.13 13. IS 13.1.1 18.1!i
July 12.0.1 12.(17 12.03 12.(1.1 12.0(1
October 12.7(1 12.8(1 12.7(1 12.70 12.80
December ... 12.01 12.02 12.03 12.03 12,n,1
January 13.00 13.IHI 12.00 13.00 '13.02
August 12:74 12.71
May 13.23 ,
Hid.
Liverpool Cotton
LIVERPOOL, June G. Spot cotton today
was In moderate demand, nnd 3 points high
er, on tho basis of 8.49d for mld-uplandi
The sales aggregated 8000 bales. Including
7000 bales American. Tho Imports wero
14.000 bales. Including 13,000 bales Amer
ican. The market for futures closed barely
steady, nt a net decline' of Hi? 4c.
LOCAL MINING STOCKS
TONOPAK STOCKS.
TIM Asked
Jim llutler .0"
MarXamara o!l .11
.Midway 2il .2H
Mlzpuh extension 2.1 .27
Montana 27 .311
Northern Ktar .18 .in
Tnnopah TV-lmont 4H 10-1(1
Tononah Extension ,. 11U ll'i
Tonopah lllnine O'J a
Rescue Hula -HI .4S
West End 1.20 1.2.1
GOI.UFIEI.D STOCKS.
Atlanta s 11 .12
lllue Hull 0.1 .01
Hooth -. , HI .18
HulUou 01 .02
COD 01 .0.1
Cnmbinatlon Fraction 08 .10
Dlamondflelil U II , 0.1 .nil
Daisy .' 01 .nil
Florence .43 .48
(loliiReld Consolidated 01 .oil
(lolrtrteM Merser 10 .11
Jumbo Extension nil ,ni
Kewunas 12 .1,1
Oro ,' n.1 ,07
Kami Ken 0.1 07
Sliver Tick 08 iin
MISCEM.ANEOUS.
Fairy Altec 01 .02
Klmnerly , 02 04
Nevada Hill 17 in
Nevada Wonder 1.8.1 2ln.1
Tecopa Mlnlns .' 15 j,)
Reading Re-elects Directors
At the annual meeting of the stockholders
of the Beading Company, today, directors
were re-lectcd for the ensuing year as fol
lows: K. T. Stotcsbury, II. P. McKcan,
Henry C. Frlck, Qeorgo F. Baker. Daniel
Wlllard, Isaac Hlestcr, Joseph E., Wldener,
Alfred H. Smith and William L. Klntcr.
Following the election of Irectors, tho
meetlnc was adjourned to October 0, tho
date of the annual meetings of the stock
holders of the Philadelphia & Beadlnff Ball
way Co. and tho Philadelphia & Beading
Coal & Iron Co. At that time the annual
report of the Cteading Co. will bo presented.
Judge George Gray, of Wilmington, pro
sided nt the annual meeting.
NEW YOItlf, June 6. Tho "wild trading
In motor slocks which was the featuro ot
yestorday'o dealings on tho Broad Street
Curb was checked today by the tightening
of the money market. It was calculated by
largo handlers of money that about $50,
000,000 will ho temporarily withdrawn In
order to provide for the cash payments
cntlcd for In the consolidation, and arrange
ments to meet these requirements necessi
tated recalling of loans early In tho day
by a number of Important banking Insti
tutions. Around noon the rate for call money ad
vanced from 3 to 314 per cent, and there
was very little offering at that rate. Be
ports that tho rato for call money ndvanced
to 4 per cent, were In circulation on tho
Curb and caused some urgent celling of
United Motors, which quickly dropped to 87,
a loss of 7 points from yesterday's high
figure.
Thero Is a good deal of question now as
to the relative position of United Motors
after Its absorption of tho other companies
compared with tho valuo of those stocks
before tho consolidation was proposed.
Other motor Btocks wero also heavy, with
Chevrolet selling down to 2G6 early In tho
day, and losses of around 2 points were
recorded In Edmund and Jones, Peerless and
White Motor.
Tha movement In these stocks had a rp
strlcted effect on trading in other Issues,
but Mldvale Steel was an exception to tho
general heaviness, advancing from ,03?i to
Gl'.S.
Flemish Lynn was traded In at 6 and
G VS. The oil stocks generally showed a
steadier tone, with Metropolitan Petroleum
selling at 22 nnd -22 ',4.
Monitor Silver held firm, with sales ot
2 and 2',i. ZIno Concentrating sold at
4 to 4 18. Kathodlon Bronze preferred
sold at 22.
INDUSTRIALS.
nid.
Acme Tea n.1
AJax Rubber Tiro (19
Am nrlt Mrs , 12
Am Marconi SH
Atlantlo Gulf & W I 43i
do pref Ml&
Canadian Car Col A8
Can Car & Fdy pref 8.1
Chevrolet Motors .-.208
Cuba Cane Sugar AH
Curtlss Aeroplane 48
DrlgEs-Seab 123
Kmerson Fhonosraph 12,
Flemtsh-I.ynn OU
Haskell & Barker Car 8IV3
Hendee MfK 24,
Inter Mer Marine v.. 2Ktt
do pref 08
Kathodlon Bronze pref 21
IF.aln. ll.inltl... Q
.uhaiiii .iiuii.., una ................. "
fanhattan Trann 1,
.Mldvale steel ni
Otis Elevator 00
Peerless Motors .' 2(1 H
IVrlmnn Rim ln.l
Poole Ennlneerlng 100
S S Kresse w I tt fl
Sinclair Oil 37
Standard Molars 7
LONDON STOCK BIAItKEr
Trading Is Quiet, But Market, L
Firm Amfirlnnnn Tl l eii. .: nf,,l
"-"F'uy oioadinej,'
LONDON. .Tnno R A ,. :
tlonco wns In evidence on the sflJ
change today and. on the whole hi M
kets were firm, although trnilinl.'J.h'.,n.
Americans displayed stcadlnc S'
to the treasury remained much beln n
of last week. Good earnings maa,W&
dlan Pacifies buoyant, but Qrand Te,?-:
were easier. South American rails j."fr
regularly lower. The homo rallwa !.
showed Btrcngth In spots. ra"waV tptf
iiieio huh mouerato buy ng In tha std
edged section. Flrninn 4. J T -I..1?4. f.
..edbonds, which were Inclined toVr.
in tne textile group, Courtaulds .'
buoyant. Iliibbers were sustained I VM
S'" .Wro. .mlx,cd- Thcro m burtS...
Royal Dutch shares by Amsterdam '1
Submarine 38Vs
-inanKie i'lim
Weekly Sugar Statistics From Cuba
NEW YOItK. June 6. The weekly sugar
statistics from Cuba follow: Receipts, all
ports, 48.515 tons .against 46,914 tons last
week and 55,182 tons last year; exports of
all ports, 82,863 tons, compared with 98,645
tons last week and 58,541 tons last rear;
mills grinding were 32 against 42 last
week, and 52 a year ago ; exports to Europe
aggregated 24.720 tons; exports to New
Orleans were 11,660 tons; exports up to the
end of May were 1,788,338 tons; stocks,
881,802 tons; production, 2,709,000 tons.
Condition of United States Treasury
WASHINGTON, June 6. The condition
of the United States treasury, according to
n statement Issued today, was as follows:
Net balance In general fund, $110,680,331;
total receipts. $12,192,818; total disburse
ments, $6,785,130; deficit for tha year,
$19,236,878, exclusive of the Panama Ca
nal and public debt transactions.
FOREIGN EXCHANGE
NEW YOrtlC. June 6, The dulness of
the foreign exchange market was unre
lleved In the early dealings today, and, with
the exception of a slight betterment In
francs, there were no changes In rates from
Monday's 'final figures. Franc cables rose
to 5.90 and checks to 5.91 ; sterling was
steady at 4.75 13-16 for demand and 4,76 b
for cables. Relchsmarks held at the new
low figure reached late on Monday, 76
76 to. Other quotations were! Lire cables
6.36; checks, 6.86 M ; Swiss cables, 5 2311 ;
checks. 6.24; Vlenna.(lS.25QH3.30; kronere
(Stockholm), 30.25030.40; pesetas, JO 40
020.60; guilder cables, 41U ; checks 41
rubles, 30,40030.60. '
Although the dealings failed to Improve
from the -.point of Inactivity, the market
ruled fairly, steady In the mid-afternoon
Quotations: Demand sterling, 4 75 is-ia'
cables, 4.7i franc cables, t.JQfc. checks'
5.91; relchsmarks, 76 5-16 and 76 7-18 '
New fork ,
Philadelphia,
Bosjoa . . , ,
Cblcsg 0 . , .
RATES FOR MONEY
all.
gut
..Call.
i
3
v.i nt
Time.
04U
Qi'i
DIVIDENDS DECLARED
Tobacco Products Corporation rejrular Quarterly
ot 1. per csatTpo tha preferred stock, iayabli
July 1 to Ucvpf rof Junn 19. Pyni
Rsllnc'lurJsoi Company ot s p,r ,,.
payable Jutw li tostock gt record jSw 5. "
,Loos-Wll Biscuit CoiapatrV. usual quarterly
of Tf Pr es-ni.- 00 the Orsi srKerrtd atw-jk ;
Contbuatal Cn .Company. freulg uusrterlr
of l per wmu. on the prr.n4 wia ? iJl ",
MM. on tosH eooimoo itoc: i ''
' Texts Company. re-ul4f nuarterir tt Sl nr'
nt. MbU June 80 to holdars "f VwS
i&Usy-Sprloifleld Tltt Company. rriuUr mur
Sugar Futures Still Quiet
NEW YOItK. June 6. Sugar futures
opened quiet and without special feature
today, first prices on the call being un
changed to a decline of 4 points with sales
55Q tons, Cuban interests gave a little
support early, with tho selling coming from
Wall street sources.
Ohio Wheat Crop Worst? in Years
COL.UMHUS, O., June 6 The Ohio
crop report for June places the condition 1
of wheat at 68, The crop Is one of the
poorest In years. The condition a month
ago was 65 and a year ago 99. The area
abandoned was 11,877 acres. The area
sown was l,S92,ooo acres. More will be
plowed up. The condition of oats la' 83,
against 92 last June, and of rye 79, against
80 a month ago.
Mi
United Profit Sharing- .
1 1 mien .iioinra .,
IT H I. .1 II com
do pref 5U
White Motors 48
World Film 1
STANDARD OIL, STOCKS.
Illinois .' Ids
Ohio 227
Prairie Pipe 214
Standard nil of California 218
Standard Oil o( New Jersey MR
Standard Oil ot New York 207
OTHER Oil, STOCKS.
Cosden Oil
Chalmera Oil
International Petroleum
Houston Oil
Midwest Iteflnlng
Sapulpo. IteHnlnff
MININO STOCKS.
Atlanta ,
Ilutte Copper and Zinc
Vrro da Pasco ,
First National
Cloldtteld Merser ..,
Ilecla Mlnlns ,
Howe Hound .......' ,
Jim Butler
Jumbo Extension
KeneDck ZIno
McKtnley-Darrash ,
Magma Copper ....,
Mines Co of America
Nlptsslns ,
San Toy ,
St Joseph Lead , ,
West End Consolidated
BONDS.
Cerro 6s
Asked.
SO
70
18
4S
J3
no
270
S8
r..i
12(1
1S
33H
20
2H
103
23
8t
s!a
158H
nr,
121',
8
3" U,
3W
.
23
4
in;
17
66
11
11
ftli
33
4
0
1)3
88
13
5.1
IMi
J
lfltt
1 2-32
168
220
217
2.11
622
209
21H
8
11
10
(18
12
Twelve
Public Utility
Securities
Yielding from 5 to 7
are described briefly
in our latest invest
ment circular. Each
security was selected
as an attractive ex
ample of its type.
We invite requests
for this circular No.
396.
William P. Bonbriglit & Co.rIif
.iiuiiiiis ivintar STROUD, Jr.
. .. Slanater
437 Chestnut St., Philadelphia
V tfffim ""n P""
William p. llonbriaht & Co. Bonbrliht 4 Ci
Chesapeake & Ohio 6s,.
Mldvale 60.
.113
. 0(1
. VOX
12
n
n.i
00
14
no
,?
us ,
oo.
07
BAR SILVER
In I.ondon today bar silver waa quoted at
31 13-1 (Id., up 3-lOd. '
In New York commercial bar silver waa
quoted today at Aula, an advance of H
New York Exports Arc Dropping
NKW YORK. June 6, The exports of
merchandise frrfm the port of New York for
the week ended June 3 were valued nt
$51,285,406, against 6t,095,278 the previous-
ween, aim s.i.oui.tba in me corresponding
week a year ago; since January 1, 11,058,.
916,010. compared with 1568,248,638 In the
corresponding period last year,
Ohio Railway to issue Bonds
CQMJMBUS, O., June 8. The Detroit,
Toledo and Ironton Hallway asked permis
sion of the Public Utilities Commission to
Issue J 100,000 50-year 5 per cent gold
bpnds, proceeds to be used to buy rolling
stock and equipment.
1'ltOI'OSAI.H
TJ1K CONXECTlsa llAIIAVAY COMPANY,
rl"eunjrlvinla Railroad Company. Lessee.
Work appurtenant to abolishment ot trade
crossings on the Chistnut Hill U ranch:
Sealed proposals for tlw work under lbs fol
lowln contract will be received at the office
of the Chief Engineer. Hoom 807. Broad- Street
Station. Philadelphia, until June IS, 1916. at
jl o'clock a. m.
VI.: Contract No. 4 for aradloe. taasonrr,
and appurtenant work for chancing- srads of
tracks from a point aouth of Oraver's lana to
Chestnut Hill Station, and constructing brldses
on Una of Htehland and Uemlnole avenues, sod
of Htrtwsll avenue ""
Plans, speclncatlonii And blank fornia for
biddlBf, ny be Obtained at- the Jollies of the
let r.oinr, ivosm win. uroaa blreet Btatlon.
rha rubt la reserved bV tha Pnnn.f4inc, tbii.
way Company. Pennsylvania Railroad Company.
Isai. to reject any or all bids.
A- f SI1AND,
Chief Rnstneeri
B. 8. TEMPLE.
AssisUot Chief Etujtneer.
C'hl
Our 1
June Investment
List ' .
describes a number1 of choice
issues of Railroad, Public Utility
nnd Industrial Investments.
A copy ull be umithei
on rcquttt,
Edwahd B.Smith & Co
EsTiansurs 1SX.
BANKERS'
Utmbtr, New York, and JV(IadlpJfa
Sjock ExcHangt)
Mil OnuTxcr Enur, FinuosxrBU
X0 PIKX 8TIIST Mtw YoiK
StrongerV
Investments
The wonderful prosperity of trie
United States has so jncfcastd
the earning capacity and'tne
assets of many of the companies
whose securities we recommend
for investment that, while these
securities can still be purchased
..:i.i .. n ..-.. ...
iu j'iuiu u iiiuai uiirutuvc iciuiu,
they are intrinsically stronger
today than they ever have been
before.
For example, wo Invite requests'
describes a strong first mortises
for Circular No. I.-17T. which
bond yielding over flvo per cent..
tux tree 111 t'ennu.
A. B. Leach & Co.
Investment Securities
115 South Fourth Street
Philadelphia
New York Chicago Buffsle:
Iloston London, Kns, BaKlmor.
ELKINS, MORRIS & C0.
.1
I
BANKERS
Land Titlo Building
Philadelphia High Grade
Pennsylvania Tax Free
' Railrdad Bonds
Equipments
and
Public Utility Bonds
MEMI1KRS
NEW YOUR AND PHILADEtPHU ffl
STOCK EXCHANGES
BONDS
Carefully selected securities, of
proved merit.
Send for Circular.
fVJELLOR &.PETRY
S36 COMMERCIAL TRUST BLOO.
16 SOUTH OROAO 8TREET
Carnelt Oil & Gas Co.
nouaiiT SOU QUOTED
Wnle or special circular Wft. I.
E. H. CLARKE
eurlllss
New Vork CllJ
(7 William t
Inrestment Beeurlllss
DIltKCTUHY OF A:COB?T.tXT
t?l!iSii,i,iyf. -tweoauats
. tt. . r rr.Tr. ?- -rr-.i zz r..?z:
! "Ml. MIAIM stlLVImr UU11
UUBN8 BPUAKilAJi
VK puifl and offer, tubjtct to prior tal
$220,000
CINCINNATI, NEW ORLEANS & TEXAS
PACIFIC RAILWAY
EQUIPMENT 6. GOLD BOHDS, SERIES "D"
JIalurlnj jooe. J818, lo December, lots
PHICE, to net from 4.30 to 4.45
according to maturity
CIRCULAR ON APPLICATION
CHAS. C. HARRISON, JR & CO.
y BAHkERS
nrrfymii chestnut sts, bh elpwi
.. 'i. u ,, lll""T- -,
. .,r ., laa ruuelab Btee. Bchoe