18 EVENING LEDGER-PHrLADELPHIA, WEDNESDAY, JUNE 7 19J6 FINANCIAL NEWS RAILROAD ISSUES TAKE PROMINENT PART IN TODAY'S STOCK TRADING i Western Houses General Buyers in This Group Interest Is Devoted to Convention at Chicago in Afternoon and Business Is Restricted Hah Points in Todau's Finnncial News Gold to tho amount of fi, 170,000 came in from Canada, Midvale direc tors took no action on dividends at meeting today. Savoy Oil declared extra dividend of 1 per ccrtt., Quiney Mining and Allouez Muling increased dis bursement. Price of bar silver lower in New York and London. Saving de posits and accounts laraer in Philadelphia. Zinc ore nricc S3 ton loiver. Capital of it. L. Dollin 3, of Columbus, incrtasid from $GOO,COO to (3,000,000 riMn atnnlfhnlrfrva itittl turn Kfi ir t1 afr.l rlitiMmrl. AtnnH titiinttlhlA railroad earnings. Many favotable x NEW 1'OIIK, June 7. Tho loading issued on the Stock Exchange showed pronounced strength today, with the rallvny shares ngnln takliliT a prominent position. Such stocks os IlcaclliifT, Norfolk nnd Western nnd Illinois Central wero ln brisk demand and made substantial gains, and there was also a good demand for many of the Industrial Issues, with Railway Sttcl Spring advancing 2 points to -J5&. It was a matter of comment that Western houses were general buyers of tho railway list, and this demand was regarded as Indicating confidence In the outcome of tho convention which met In Chicago today. The upward movement In Heading, however was based on renewed state monts In regard to pending developments, but the reports of a readjustment of capitalization have been so frequently repeated In connection with the upward movement that llttlo purpose Is to be served In again referring to them. Tho buying, however, came from such strong sources as to create a belief that an announcement In regard to that notion must be close at hand. Marine preferred was weak In the early trading, but later became strong and ended with a net gain. In the afternoon business was restricted to n con siderable extent because of attention paid to the bulletins In regnrd to the con vention's action, which wero posted on the floor of tho exchange. The motor stocks ns a group were weak and acted Independently of tho rest of the list, "Willys-Overland, after advancing 8& points to 315, lost all this gain on a sharp reaction. Call money, after renewing at 3H, wus In better supply nnd declined to 2 per cent. The completion of tho large call loan to the English Government, which caused heavy calling of loans yesterday, naturally left the money market In an easier position. Chandler Motor was the weakest of the motor stocks, dropping G points. There was heavy Western selling of Studebaker, which yielded more than 2 points. Midvale Directors Fail to Act on Dividend NEW YORK, June 7. After being In session for more than an hour, tho Mldvnlo Steel directors adjourned without taking any notion on the dividend. No statement was Issued by tho officials after tho meeting adjourned. W. B. Dickson, secretary and treasurer of the Midvale Steel and Ordnance Company, has resigned yie former ofllco and has been elected second vice president. He will continue as treasurer. D. B. Gehlcy, secretary of the Cambria Steel Company, has been electee; secretary of the Midvale. Quiney Mining Increases Dividend NEW YORK, June 7. The Quiney Mining Company has declared a quarterly dividend of $4 per share, an Increase of $1 per share quarterly, payable June 30 to etock of record June 10. - Savoy Oil Declares lTe Extra Dividend NEW YORK, June 7. The Savoy Oil Company has declared the regular monthly dividend of 1 per cent, and 1 per cent, extra, payable June 24 to stock of record June 15., AIIoucz Mining Company Increases Dividend. BOSTON, Mass., June 7. Directors of the Allouez Mining Company today declared a dividend of $2, payable on July 5 to stockholders of record June 14. The previous dividend of J1.50 was paid on April 5, 1916. More Gold Imported From Canada NEW YORK, June 7. A consignment of gold bars from Canada has been re ceived at tho Assay Ofllco to the credit of J. P. Morgan & Co. The amount of the Import was $4,170,000, bringing the total for the present movement to J35.761.000. i Extra Dividend for "Weyman Bruton Company NEW YORK, June 7. The Weyman Bruton Company has declared an extra, dividend o $4 a share on Its common stock. WHEAT ENDS WEAK DUE TO WAR REPORT News of German Defeat at Ver dun Makes Prices Drop. Weather Bad for Crop . CHAIN riKI.T WEATHER FORECAST. CHICAGO. Ja" ". The weather for the next 39 hour follow: .... . Illlrioli tjenernlly fair tonliht ana Tlitirt.uny: somennat warmer Tnursaay. jusitauri tienerauy New York Bond Sales Thursday, extent unsettled aouthi somewhat warmer Thursday. .. . ., , , YVUronitln Kaln this afternoon and prob ably tonliht: Thursday partly cloudy and slightly warmer: strong reterly wind, diminishing;. ....... Minnesota Partly cloudy tonliht and Thursduyt probably showers northeasti not much change In temiieraturr. , . , town tienerallr lair tonliht and Thurs days slightly warmer Thursday. North Dakota Generally fair tonliht and Thursday: not much chanre In tempera ture. Houtli Dakota anil Nebraska Fair tp nleht and Thunulayt not much chance In temperature. . Kaniaa Fair tonliht and Thursday, ex cept probably unsettled southwestl not much chance In temperatures. CHICAGO. June 7. Wheat moved Ir regularly today, closing weak on reports of German defeat at Verdtin. Final prices were at a llttla above, the lowest. The market started about steady on low temperatures and lighter receipts' ln the Northwest. It then worked lower on Belling by commission houses, sentiment becoming bearish because of large supplies every where and lack of outside support. Still later It developed firmness on bullish private estimates on the crop In the South west. There v.-as little buying of futures by foreigners. The Improvement, was not maintained. The Improvement here yesterday was Ignored at Liverpool, because of free Arrivals there. The Price Current paid, that the govern ment report, which will be Issued at the close of business tomorrow, will no doubt confirm the belief that winter wheat hatr generally deteriorated. The weekly report of the weather bu reau said; that damage by Hessian fly In Kansas had decreased, but that there had been little improvement tn Illinois ana Northern Missouri, and that fields were becoming weedy Jn Northern Ohio. Har vesting Is underway' In Southern Oklahoma and North. Carolina, and the crop is bead ing as far north as Pennsylvania. Indiana aa Illinois. The spring wheat crop has been retarded by low temperature in the Northwest, but rapf4 growth la reported ln Wisconsin. 321ft Michigan una report put the condi tion at 81. against 81 a month ago and, 91 a year go. X(4in future ranged a follows : ucen. tiuuv uovr vio. close. .7? I.""? l.ofjsli."' j.uo 4,raa, .? i.vt 4iy 4, van 4 7000 Alaska Oold cv a 0s,.10J IO0O Amer Aer cv .Is 102 liOOO Amer Agr deb lis.... OT'i 16000 Amer Cot Oil 3s DUi 77300 Anglo French 5s 00", 0000 Argentine 3s 03 M 8000 Amer Tel clt in 81! ' 17000 Amer Tel cvt 4 Vis. . .108H 400(1 Armour Co. 4Hs 03 41(1(1(1 AtchlKon gen 4s iM'i .1000 Atchison adj 4s 8.1 :hh.i Atchison cv 4s 1000...10.1 1000 Atchison cv 5s 10IT.. nil's 7000 At an Co Line 1st 4a I)1!H 1IMNI Hat & Ohio 3Hs OUT, looo Oil Ohio reg 4s.. noVS HOOO Ha t It Ohio rv 4 54s.. OS'! JOOO Hat it Ohio .Is lou 2ooo Beth Steel rfd Bs 101 V4 1000 Hrookn It Tr Bs 101S.1O1 noon Cal Oa & Elec r.s... 08'i tui.ll .Bill IIOV AS W I IU'H. . 1UO ' 4000 Can Oov fis w I in.ii.iin; J""" uan uov ns w l lu.'l . UOOO Cent Leather 1st Bs.. 40O0 Cent I'ac 1st 4 . . . Mmmi Cent im N J ,1s.... 1000 Chill Copper 7 . , . . 1000 Ch?B & Ohio cv 4 a". 14000 do 4Hs . 1)000 Chi Qt West 4s . . i'ooo Chl II It Q Joint 4s.. 3000 do gen 4s ... . 35000 do reg 4s 'J0O0 C M & Kt P Ss aooo do cv Ss 18000 da rv 4Vs .inn., e. u. .. .. . -. .. ; -""'' - ni i ,i) u neu ub. . iui; nuuu uoi industrial oh. ...IOITs Boon Col A South 1st 4s. . . 02 100(1 Comp 1. & R lis 811 aooo Col So IVis ! 8i4 looo Com tins cv (1 ...'la.i aooo Dl .Hud conv 4a 107 1000 Den It Wo Or 4s 78V4 " Of trolt .United 4'is. 82 ,000 Ills Hecur Corp Ss,.. 77S 'S&S S Ten V 4 a con S..110 5S2H E' gen 7.1 8000 do prior 4i .. tlllS.IW 13000 FU ft East Co i. 03 nintlen Kleo deb Sa,.,.:i04 1000 Great Nor 1st ....... 1MQ. JS "V ,JI!n,n -. -'0 BOHO do rfd Bs ,,.,.,, , , 73 jnoo III steel deb His .. .01 ...... iiiirru 4h 74 High. Low. Cloie. 103 102 07 H 87'. 0.1 1 03 Vi 02 108 U 1)3 03 U 81 10.1 102 102 07 H 07 . OS's 03 H l2nl lOR'i 03 'i 03 81 10.1 101 Vi 11)1 V4 02 'I 02 02 02 '1 00 lm lilt l(il ll.l tt 111) loos Kll Vi mi 08, 10114 101 , loo Vi 102 8!l 118 1211 8.1H 01 71 08H 03 OHH 103H :un looij ini! loovt 102. 80 , 11H 120 8.1H 1)1 71 OHH 03 884 103 jun 1014 lniu ion! lot'J IDlis ioih 0lt Ml Kli 123 107 771 110 7.1 925, 104 'I 00 U ill 1)1 101 H T3J, 02 811 84H 123 107 78H Mil 77M 110 7.1 R.1H 03 10IH 00 '1 20 Vi 73 01 101 S ,14000 i,,,b ,r-f r.7 b;-:::: 63 tig iS5 ISJuuo Inter Ur Mar ct 4 ,. 10.1 104 loj- lnH2 f", ,?". ..--olul 101 lul .1000 Lack a Steel Ss 1013. iihiu no ns ivz& . , . 1000 do Ss 10.10 101)0 I.k tjh dtb 4s 1031. looo Leh Vat Coal B.. lftOO da Con 4Hs ... 3000 Loirs' Island rfd 4a S00O Louis and .Nash 4a. looo Manhattan sta 4a.. 4000 Minn and Bt. L 4s 00 'i 0S . uj 03 ,,10li ,,100 ,. H84 . 014 .. 01. B8 7.1 ..100T. - .. 84 ...114 .. B2H ...02 04 ..1011. . ..102S . ..108V4 S..101U 4V4, 08Ji D 4. s, . 75f evt 4H..137S ! ii a wn her TWnn S.rtitfc I'.riL " . fj IAW lVSrlt w? m feiL KtsMtllll' i-fi .- 70V . aia-. . 'sa -. I - ' totr .. tto ss4 fe- j?rT ttar 12.t Sp JuFT". V$ 20 1S.42 lSfl . . i&iir .V-.HJ l ii K-iSSi.v.tJi in fcK:- K taMsd. f. close, 41? 1 n.4? l.osg '..:- n TOJi 16-' 3aS . i aa 13.25 12. lf.M IX4Q; 12.0 li0 IS 4ft MZ.23 ' 12.JU 13 33 sa.Ss t ja 39.1a h-a-m 2M2 30.4 Sft-ffll sfS- rwHf- jrfsJWMPjJ? I Hi 2000 Minn St P 8 S M 4a.. 02 H U.w ai jv 4 111 4S. .. 100O Nat Tube Sa ... . 2000 N Y C 11 con 4s. 8000 do lis 1000 da 34 a 15000 NYCi Hud 4a. . . AOOO V Y D Hud 44l 2000 N y City 4s 1058 tOOO 4H WO. ..?. 2000 do 44 a 190.1 .. . 1JOOO N Y Oai H P S. 4iuuO kTTilriii 4V4 a, . . , 27000 Nor West cv SOOO Nort t West ."... oai 13000 Nor Pan prior 4s MI. 6000 Nor l'o gen 3a. . . . ea sooo. Paclnc Tel Bs loo 14 BOOO Fnna U 1048 1000 da gen ct 4 '.is . . tolls liono d en . io.l ' 1000 do 44 s 1021 ... ,102 uMj rtiVJio 43rv pt J DM 4000 K.aJliig-Jtr cn 4s 4 DO. I Rep lis H Bs 570000 Hock. Island rfd 4a 1200i Hock Island Ss . . 'tnftO St L III A Bu gen B looo do an 4s ain.ii an urn ct looo do cen ct sU Is . . Sijoo to In v I . . . alum) do. A. w 4 4000 do adf w t .... 14000 Seaboard A L ad J 5 02H 7 081 0I 7 65 1?H HI 7i 02 024 Jt 081 UK St Si ,1000 Bouth' liU Ba . . . 100 Ida 106 t4W South Pae cv 4 isi W 884 4WW, dn, 4TV Bg I04i 101? 1011 1600sBoul6. Pae Hi If.... 8o4 oa (Joe &-iMUl Kr.,i,ll U.p. a-wt Am T14 Til! vL7 ISOoo tarn a ,. .; ,.loi' 1000 Ba By Mobile t O 4 75 (1MI Tia Co cv Bs ..lot 700ft 4a ref 4a 814 1st sa JOS 1000 do TSIM da JI Ss . ln& Tokia B ,., 7MOQ C a Rubber 4a . , iW) V H Steel it Sa . . 2SO0 U tT Btl ( Bg toooa II C 8 N jn aoeu. V9 Fas lat 4a fMda Jj cv Is ,. M 4a i(4 it . wpn TWil ft Iglfl 101H S 7S11 7S S ttutZ n.ii' -rT -'it SIM lj 108 108 IUV. .VH. TQU .IM 102H 103 .1041 1041 104H IoH 103 105 111 'J 111 It. lfi 01. i7l OSU M 3 M 80 BO m m m m saw Mh i jfcK joatf 1 l ll New York Stock Sales Last close, Adr numfly pf ..,..,,,. 39 Alaska Oold Mines...... 22M AllU-ChambetS Mf,,,.. 20H Allli-0 Mlgpf 82M Am licet Suear ,.... 81 Am Can , 65U Am Car A Fdr ftOlf Am Coil Product! ICO Am lllda A leather.,,.. Oil Am tlldo ft htt: ton Am Ice Securities ....... 28U Am Llnjccil . .... .,., 23 Am Locomollra ,.,,..... "Hi" Am Smelt A Ref ........ D7!f Am Smelt A It Pf.......il2' 113 Am smelt pr A... Uoi Am smelt pr 11. ..... Am Steel Foundries . Am sugar llcllnlnj . . Am Tel A Tel Am Tobacco Am Toh pf new Am Woolen Am Woolen pf. 07J( Am Zinc L ft 8m ....... 8o!S Anaconda Cop M ., 83( Atch Top &S V Iuj Itlgh. Low. Close. 30, 39 311 23 22H 22H 27 20) 2fl5 S21i 82)i 821, 82, SOU 82 MH V) toll m so.'f am 10O 100 100 n'f 0 D!f 60U ftO'f lf 28U' 28'f 28M 21U 21. 21H 7IJ, 70J5 7(1M 08 07M nsu 113 113 113 05)4 031, OS), 801, 80), 8fi COJS HIM 60), 87 if ... MM ...uiH lion no) nof ...129J 130 120J, 120W ...202 2fHW 2ttiM 201H ..AO'U 107 107 107)i 4HH 45!( 4o. 4'.!, 08 !)7!f 08 S5H 811 8.5 H 83JS 84 105H IW( 10o), 101 1(K))( 100), 81) i 88), 80) i 10O' 109JX 100!( HIT, 111 mx 70 J, 70), 70) i .101 .. 8S), ..100 .. Dili .. 77 Atch T A 8 K pf. . Haul ljco Wk . . . nald tco Wks pf. Halt A Ohio Halt A Ohio of . . . . Hcthlehpin Steel pf 135 13.r 13.-, Uih llrooklyn Itip Tr HUH 87) i 87) 87H lltonnhlipopf 101 101 101 101 Ilulte A Superior I)2, 035 02 1)3), Cal Petroleum 2IH 21H 21!j 21! Cal Petroleum pf 48 IS I7M 47)5 Canadian IMclflc 170 178 170) 1.70X central Leather ous M'l M 61 Central Leather pf Ill), 112 llli 112 Chandler Motor 121 Ches A Ohio 01), Chile Copper 21 Chlno Copper 53', Chlcaco Orc.it Wet 12U W( 11 ih nr, 61'f 21 r,3), 12f 37 I)0) 130 m 01 20! i MM 12) 3-1)4 8Jj 130 CO), .1204 129H 120 Z)i 23)i 20' 71) 45 32 .10 00J, 75 4., 32 75 4,r, 32 f)0 07W 130 04'i 63 'i 12)$ 30), 08) 130 58H 121) 20)f 45 32 50 onjg 130 187, 01' 4' 81), Chl tlreat West pf 374 Chl Mil A St Paul 1)35,' Chl M A St P pf 130 C O C A St I. :T( Chl A Northwestern Chl It I A Pae Cluett Pea A Co... Comp T Hcc Co ... Col A Southern . . Col A South 1st pf 55' J Continental Can 100 Co-solldatcd C.as 13S' 133 Corn ProdiirH Kef 19 19' lSJf Com Prod lief pf 95 0 Hi 0 1 H Cruclblo Steel 84 85'f 81 Crucible Sleel pr 117" 117M IID4 1171,' Ct1h.1n.A1n Sugar 231)1' 230 230 230 Deere A Co pf 00 00) 1)0)4 WH Delaware A Hudson 15'J 153'f 152H 15t)( Den A Hio Or pf 2n' 20JS 20J4" 20) i Detroit Edlxon 135!j I3.V4' 135)4' 13,,if Distill Sec Corp'n 4S 4-U 47 47J, Dome Mines 27'i 27s, 27 27 Eric 3SH -H 3Si 38JJ Erie 1st pf , 63V, 51 53H 51 Goodrich II F 77), 78) 77H 77JJ Great Northern pf 121), 122M 12H, 121i G N cfs for ore. prop.... 38'f 38), 37 37)4 Gulf States S 2d pf SOU 88!' 88 88 IlllnolsCcnt 100 108 100)i 107)4 Int Agricultural 17)4 17 17 17 IntllarvNJ 113U llO'l 115 1181 117? 117i 83H 83H 18 IS Int Ilarv X J pf 117. 117J Int Harv Corp'n 82'i 83)i Int Con Cor v t c sh.... lSa 18! i Int Con Corp'n pf 75)4 75)4 Int Paper 11H 12!f Int Taper pf 55)4 5S4 Insp Con Cop 454 45'f Int Nickel v t cfs 45)4 45)4 Int M M c of dep 25 25!f Int M M pf c of dp t'4)5 05J4 Jewel Tea 8.5)5 0 Jewel Tea pf 108)4 10S Kan City Southern 20), 20H KayscrJ A Co 85 Sljf Kelly Sprlne Tire 70 75)4 Kelly Sps Tiro pf 07)4 91 Kennecott Copper S:iJi 53), Lack Co E L A P 68 09 I. Ugh Vallev 82! 83 Leo Rubber Tire 53) 54)4 Lone Island 31 33 Louis A Nash 132)4 133' 133 Mackay Cos pf OS), OS' OS) Maxwell Motors 87 87 84! Mai Motors 1st pf 90J4 00 00 Mai Motors 2d pf 59 59) i 57)4 May Dept Stores 0.5 05 03)4 Meilcan Petroleum 107)4 10SH 107H Minn St P A S S M ....122)4 124)4 122H 123;, Miami Copper 35JS 30 35! 30 MoKanATpf 12 11 11 II Montana Power 81! 82 BIJf 82 Nash C A St L 130 138J4 138 13SH Nat Biscuit 121 120! 120! 120) Nat Biscuit pf 125)4 125! 125)4 125)4 Nat Knam A S Co 21)4 21)4 21)4 24)4 Nat Lead Co pf 114 114 114 114 Nev Con Cop 18 18) 18 18 New York Air Brake.. ..133 133 132 132 New York Central 105! 100)4 1054 10(3 12),' 50 45s 4 45! 24' 93! SO 108 20)4 80 75)4 05 53)4 CO 82) 53! 33 12JZ .'), 45) 454 2..JZ 051, SO 10S 204 wi;s 75 i 0(1 53)4 09 83 53? 33 133' 08.; 85i 00 57)1 mi 108)4 N Y Chl A St I. 41)4 41)4 N Y O A West 2S 28 Norfolk A Western 135 1374 Norfolk Southern 20! 21'4 Northern Paclflc 114)4 115IS I- Ontario Silver Mln. Pacific Mall Penn Hall road Peoplo's Gas Chl ntts Coal Co N J pf Pitts C C A St L.... Pub S Corp'n N J ... Quicksilver Hy Sleel Sp Co Itay Con Copper Reading; Tteadlnz 1st pf Reading 2d pf Republic Iron AS..., Seaboard Air Line. Sears Ilo A Co... Shat Ariz Cop South Porto It Sus.... Southern Paclflc.,.,.,, Southern Ry Southern Ry pf Standard Mlllluz pf. . , Studebaker Co Tenn Copper Teias Co Texas Pae Land Tr . . . Third Avenue Union Bas A P pr United Clsar Stores... United Clear Mfrs .., Union Paclflc US Ind Alcohol United Fruit United Rys Inv Co... US Rubber U 8 Rubber 1st pf.... U b steel corp'n, , 41) 41! 27' 28 134! 130 21H 214 114 114! i 754 7. 20M 20), 58) 5S! 101 101)5 73 7! ..21 20! .. 58)4 5S)5 ..101)4 101)4 ..1014 101)5 1U1, 101'. ..88 87)4 87H 87H ..13.1 130 130 130 .. 2! 2! 2J4 2) .. 43M 45! 44)4 44' i 22)5 22)4 2i)Z 2JM .'.'10154 105!j lOl'Z 105), .. 42)5 42! 42) 42! .. 40) 47 47 47 .. 40)5 47 40)5 40)5 .. 10 10 10 10 ..182)4 183 183 183 .. 32 315 315 3HZ ..234 35 235 235 .. 0854 08J4 1)84 U8J5 .. 2354 23! 23! 23! .. 08' 69) 09 09) .. 00)4 01 01 111 ..139 130 13U54 138)4 .. 42)4 43 4254 43 .190 100 100 193 ..116 120 120 120 .. 6454 04)4 OHi 01V, .. 30 30)5 30)4 0)i .. 075 08)5 07 08)5 .. 5854 584 58)4 58)5 ..137)5 138)4 137J4 138)4 ..150)5 159)4 158 15SK ..101 100! 101)4 100) .. 10) 0)5 0)5 0)5 .. 5554 oO) 555 55) ..109)4 109)4 109H 109) KS'i-Slli 835 84 )J SPANISH PAPER GAINS FROftf BIG Large Japanese Sales China Start Protection ist Movement in India to NIPPON'S RUSSIAN TRADE By FRANCIS W. HIRST Special Cable to Eitnltip Ltigcr LONDON, Mny 7. The most rcmark nble feature of money exchanges today la the record premium for Spanish paper cur- rency In terms of our sold standard. The fundamental cause Is the blp; export busi ness from Spain to Franco nnd the lack of return Imports. Tho adjustment of this difference falls to London, and the sap can not, of course, be wholly filled by gold. Daron Sakntanl, former Japanese Minister of Finance, who has been In London on his way to the economic conference In Paris, declares there has been a bis Increase this year in the exports of Japanese cotton yarns nnd piece Roods to China nnd India. This fact nlono would account for the pro tectionist movement ln India, which finds Its orlRln In the native nnd British manu facturing Interests and which has always been a bunbcar In Lancashire. The war has brought prosperity to Japan. Japanese exportB to Russia, slnco tho be ginning of the year have already reached a total of IS.000,000 pounds sterling. Pre mier Count Okuma declares that the Breat InOux of gold Is positively embarrassing. Before the war gold reserves had fallen to an uncomfortably low Ogure. but now the gold surplus can be employed profitably In paying off the Japancso debt to London, and by paying this a way Is found to re duce Japanese taxes on business trnnsau- tlons. ... . Great municipal progress Is visible in Japan nt present, especially In roads, tramways and waterworks. Between tno years 1808 and 1913 local expenditure. In many cities has been trebltd. All of these Improvements mean an Increase ln labor efficiency. . ,, .. Jnpan, as Count Okuma said the other day, Is preparing to cnte.1 the commercial lists after the war, and her InOuence Is sure to penetrate more and more Into tho regions of tho Far Kast that heretofore have not been open to trade. Since tlte beginning of the war Japanese merchant tonnage carrying on foreign trade has been computed to have doubled. An Important Jnpnneso newspaper, J1J1, In a recent editorial -rebukes Its contem poraries for expressing admiration for Ger man methods. Imitation of the Germans, It says. Is not In keeping with "Bushido, ' the unwritten codo of laws that for cen turies has governed the lives of Japanese nobles. TONE IRREGULAR IN CURB MARKET Motors Are Pressed and Prices Sag Atlantic Gulf and West Indies Holds Most Interest NEW YORK, Juno 7. The market tone on the Broad Street Curb was Irregular all through the day. with most attention attached to the trading In Atlantic Gulf and AVest Indies, which advanced from 45i to the new high record of 47. The motor stocks were pressed for sale. Chevrolet dropping from 205 to 255 and Terlman Rim declined from 159 to IBS. United Motors were heavy nil through tho day, declining from 89 to 84 V4 on large selling. Midvale Steel was strong in the forenoon, advancing from 63 1-5 to 66 hi on the hope that a dividend would be declared, but when no action was taken at the directors' meet ing It declined. Cuba Cane Sugar sold at 57 "I- The oil stocks-gencrally showed an easier tone and sold at slight concessions. Zinc Concentrating wns exceptionally strong, ad vancing from 4',; to 6, and Kapo continued In active demand, selling at 5 to 5. Butte Copper and Zinc was also strong, advancing from 6'4 to 7. INDUSTRIALS, Aetna Explosives .... Alax rtubbec Tire Amtr-ilrlt MfK American Marconi .... Atlantic, Gulf and W ln oret . . Canadian Car Co Cnn Car fc Fdy pref. Chevrolet .Motors .... Cuba Cane Sugar .... Curtiss Aeroplane .... DrlKKS-Seahury Cirenlnhr Tobacco .... do pref Emersnn Phonmrraph. . Haskell & Marker Car Ilcndce Mfe Inter Mer Marina lo pfd Kathodlon Dronze pfd Kress & Co .Maxim Munitions .... Manhattan Transit .... Midvale Steel Midvale Sa oils Elevator Peerless Motors , Perlman Kim I'onle Ens; S 8 Kresao w I Rtattdaril Motors ...... Submarine Boat Trlanale Film United Profit Sharlne . United Motors .,,.,, U S I, t II com do pfd . , White Motors World Film nid. .. Ki ..07 .. 12 . . :i .. 411 . . BS . . (IT . . R . .sn.i .. .v .. IS . . is:i . . VJ .. 00 .. i-'U .. 34 .. 21 USSteeel Corp'n pf,..,117!f U7H 117JJ U7Ji USSmlt&M 7ft 70)$ 70 70j US Express 32 3t 31 31 Utah Copper sit, m 8U bm Va-CaroChem 42 41H 41H 4l Va Iron Coal & C 64 &U1, 50 50 Wabajb UU 14J, 14 1IH Wabash pf A....... 60 60 40W 51 West Union Tel 05 05 94J U4JJ Western Maryland,,,,,, 32W 32Jf 32 32 WestEiM 60), 60, 60, COH Wheel & LE2dpf..,., 5!f 6 5W 5K Willys Overland 30515 312 305H 3051, Willys Overland pf.. 114 , 112H 112 U2M WcoUorthFW imi 139 138 136) Quoted ex dividend. FOREIGN EXCHANGE NEW YORK, June 7, The market for foreign exchange In the llrst hour of busi ness today showed continued dullness und tt steady tone without quotable change In rates from yesterday's final figures, aside from relchsmarks and lire, which showed a downward turn. The first mentioned weru quoted at 76 3-16076U, a Joss of a cent from the recent high, and lire at 6.36 li for gables and 6.37 for checks. Otherwise the market was unaltered, at i.75 13-16 for de mand sterling and 4.76 719 for cables. Other quotations were: Franc, cables, 5.90H;, checks, 5.9 1H s Swiss, cables, 6.23; checks, 5.24 H ; Vienna, 13.200 13 33. Stockholm, 30.30030.10; pesetas, 20 40020.55; guilder, cables, 4 1 H ; -checks, 41; rubles, 30.40i39.45. London cables explain the recent Advance In Spanish exchange as due fundamentally to the large export business from $paln, to trance ana in iac 01 return imports. In the afternopn the market continued Inactive. Sterling was steady but. un changed. French exchange was a ehade lower t 5.S0?i for cables and 5.91H for check. Wlr declined to i 38 tor cables and 6.3S4 checks. Kelclis. mark Improved M J and 7IH- Th necessity for continued European credit la this country la manifest front the toial si over $W.t)a fa valuation of jttrdy,B wsorfar ( fAtrl iwr.s.-ttii torn Ji pt ei KW 1'wis, us 20 as K itt ns a tin 211 154 100 10i ::::::: b .h trv-ic 85H 3H Mi OSH STANDAItD OU. STOCKS. Illinois Kid Ohio 221 Prairie Pipe .,...., 214 8 O Cal ..I, .. 2IS SONJ M SONY 2QT OTHER OH. STOCKS. Harnett OU ..., Asked. '8 lift IS 3U 40 r3 70 no 207 AS AS 12A 4S OS 12 as 211 27 J 00 Cosden Oil , Chalmers Oil Inter Petrol . Houston Oil Midwest Bef , Sapulpa net , ...;... M1N1NC) STOCKS. .'zinc:::;:::;:;:;: 78s $ OT 112 27 -J5T IIS "Sh BS"i 3 A"i 8ll Hi ins 220 21 T 2.U A2J 200 S 24 8 J ns 12 isy .? i.H s On 08 14 BO 'Si .I' inv; 1 8-32 1 340 231 !? Ad 11 3JV, 10 no 01 is lflW Atlanta .... Butte Copper (tuna n 1.. .,,...., ,,..,, ,,.,,. erro de Pasco, ",,,, Ooldnetd Merger. . ..1..,......,.,. 1 lecla Mining ,.,.,,...,,,. Howe Sound. ,,.,,.,,.,..., Jim Butler Jumbo Extension ..,,....,..,., Kenenck Ztnc, ...... .....,,, McK Inley Da rrah ................ , Magma Copper Mines Co of America..,,.,.,,,,.., Nlplsslng ,..,,.,. flan. Toy , ,. Ht Joae&h Iad .Kill End Consolidated .... BONDS. Cerro de Pasco s US 115 Chesapeake & Ohio Os U3V, 05U DIVIDENDS DECLARED American Cigar Company, regular dividend of IH per rent. , on the. preferred stock, pay. able July I to holders of record June IS. t Lorlllard Company, regular quarterly of 14 per rent on Us preferred and of 3 per cert on Its common atock Geors V. llelroa. Company, regular quar terly or 1 per cent, on IU prettrrc.d and of SH per cent, on Its common stock Hnrafstaka Minlna; Company, regular monthly of 63 cents a share, payable June 10 to holders nt rbr Ttin. "O. T f company, erred aim.it HMrrf Ti.ha ,, a April IS last .a quarterly dividend of 1 cent, was paid on tbis stork Eastern Steal Company, 7 per cent, on as count of aceunjulated dlytdends on the Brat Cleveland and- Sanduaky Brewing quarterly of IH per cent, on the prefV payahl July IS to Iwldera of record ui sSo7svsViinr A-'.-taTur-iivideua jks cent, way declared -srn 0. ' "" AmerlranT Smeltera Securltlaa. regular ouar Jtrly 0! 'Ill per cent on the preferred "a 'and Vi on Um preferred "B'1 atocka, paya.blulf 1. Books cloas Juna 10, reopen June sT. r American Tooacco company regular quarterly uierlcan on ins. pre rrj f tuek.' payitl. if record June IS. w Lfieomotlve. regular quutetiy of Af IU Mr nt July 1 la stock of record June 13, j nt- on tba preferred ami of a per AfeBtfeeSc iftiiiisJE tsifiaBar, & neartartH. s 9ba.r on tlH aiis sigii ti-X thl'v ni&litis per col osis prefcrrea stq payablft AtTirleai3 Szuilt CouiDiiny. rnulw n.a..i r.t L. r.wT Sfll nn IHt t)rdfs A -., T-fcT srt r tew"- enl. an ila em h'Jvisr el rcertt Sales in Philadelphia High. 22.1 Alliance' lna ... 8Bi 38 Am baa 12UU 20 Am Milling .... 04 l"il Am ltwj-s pref. nflVi 1.13 l:ifc fltor 111 10(1 Celt Asp pf ,, tl 2S Ins Co N Am. 2.5 so Int M A .M t o 2SH A35 Key Tel Co.,It 1.1 ,1 ..do pref .... OS ' 1B0 Kenna Cop ... B4 478 l.k Hup Corp.. lo'5 17 Lehigh N'uv.... 7.1H M Ihlgh Vl.... 2i 10(1 lh Val Tran. Sli 71 Mlnehlll ...... 07 , 2.1 Nev Cons 18', Bill Norf A We9t...l37ji 3.13 1'ennn rt n ..,, ASH (I Pn Steel pfd .. OS ,iw i una jn ...... ion 13.1 I'hlla Co cm pfd 11 IJW. Clos. 8t'.i Rl 120 OW OSV, 04V4 71 120H 04 0S4 0.1 71 Net cnge, 4 4 H 11420 Phlla Elec 441, i r'Oli P It T I r, ..'.!. 1 4 970 Itendlng 1II.1U 27 ilo 2d pfd.,.. 47 :, M ajjK ,H 2.1J, 2A? '! 14H 10 4 or os lii.i 03 04t n'i "4, 7'Ln 7.1s 7AH J 3?jt 'i'u ns(! ..... 04 -' w a 108 Tonopah llel'.'. 20 Union Traction. 44fi 117 tlnlti.,1 ftOH tmn HHli Of") II H Steel . 81. 10 JVestmor Coal.. 07 00 IV Cramp & 8.. 83 ItO.VDS. , ttltrh. 2100 Am (ini k n As 03'i ns . . d.i 'a 1st n ..tin WIMfl 1.- jr. II Tm I a. Ul Aim-) i,eh V cons (Is'itiofi O.MIII 00 ! tr 4' S 1004 mm Na Prop Co 4-0s IIS 1000 Pa Co, gn 4 4s lol'i 1000 do com 4 4s. 10-1 4 3000 rlo con 4s 1018 noli 8200 Phlla Klcu 4s.. 83 400 do At 101 4 14000 rtcaiilng gen 4 l looo Rt HI11 it Elec 100 4 2000 Un Ilwy Inv As. 70 4 3t ?4 fi!nH 08 , 404 41 4 284 isS 102 h 444 8S 84 OS , 41 lislt Tali 47 44 ..... 8Si , .... 074 5 84 4 inooo Anglo-rr I. 10110 nam 1. 3'i 1)2 03'i 4 sr, nftji list Ji 4J 104 i 104 4 1 4 RO'4 8l)Ji M Net rH. Cloe. chae. lioj. liojj 08 OS. 1 1014 7014 ..... 10.14 10.14 4 nni 004 81 834 4 Hit's 1014 .... 11.1 '4 0"l 4 1004 1004 4 704 704 4 Local Bid and Asked Jlaldwln do pref Burt A Sua to... do pref nrlll J O Cam Steel dec Htor Ucn Asp do pref ....,..., Kcjstone Telephone. do t c do pref (IS Lake Sun Corp lo'i Today Yesterday Hid. Asked. Hid, Asked, . . 884 804 88U 884 ..11)1)4 111 110 111 . . 41) . . AS . . 37 .. 834 . . 111. . . 3.1 . . 704 1 j V. 14; Lehigh Navlgntlon (en)gn va))ey Lehigh Valley Tr... . do nrnf Ponna Phlla Klec Phlln Co do A per cent. pfd. -V? ILw ccnt- 1,M- P R T t c Heading Ton Helmont Ton Mining Union Traction .... U O I U 8 Steol York Itwy do pref Wm Cramp t c . 82 i 21 '4 4.1 A8U 21)4 40 as 41 4 184 10.1'i 44 nf4 44 884 844 134 All 8.1 Al All A2 (10 AS 110 40 37,, 4U 834 .. (1.14 (144 0.1 344 334 S4 714 704 71 in 14 114 1.1 14 14 4 09 OS 00 104 0 10-10 1(1 70 70 , 704 81 82 82 4 21 4 S1K 21 Ji 43 4 43 43 4 084 AS4 084 20'i 284 28H II 40 41 30 38 30 llji 41 42 184 184 10 10,14 1014 1014 4 11-10 44 4 0-10 ,0i (l4 04 la., 444 4.1 884 88 884 844 83 884 14., 134 14 304 30 304 80 844 SO PROSPERITY SHOWN BY EXPANSION IN BUSINESS OP SAVING SOGIBWj Deposits $11,610,304 Larger and Accounts 9209 Above l Year on June i rmiaueiijmu inieutric otock 1 Most Active in Local Market A boo.1 Idea of tho prosperity of the community can bo gathered from the num ber of accounts and deposits of tho savlnR fund societies of tho city as compared with lat yenr. On the first of the present month there wo's on deposit ln the four Institutions n total of el93.97e.333, against $182,368,029 on June 1, 191B, nn increnso of $11,610,301. The number of accounts was 101,710, Increase 9209. . The following tabic gives the comparison of tho total deposits' and total accounts on June 1 of this nnd last yenr! Total Deposits .Tone 1. '10 June 1, MS. Mai :::;:;::::: Wmm IW-Xii Uermnntown II. 431, 08.1 10.003.483 .l .103.07033 A H.3.O20 1010. loir., Ph.ls.lelph.a .;.;;;;;;:; S5:3SS tinrf1r(At . ..... Hi, Bill A"'!!tJ'J ii?ncucid i ,''' art ana n'nft 0oTolar.town...-::: ::::::: ?:"i 5:5?8 The Increase slnco January I In the nmount of savings deposits In the four Institutions was $4,803,704, and the Increase In tho number of depositors In the six months period wns 7080. The following table Philadelphia Western . , . Heneflelal . Uermantown Philadelphia Western .-., Peneflclnl (lermantown Totals l,nt,701 .... njll.21l ...) 318,814 ...a, $1,803,701 in Jan. 1. ' June : .10 IS 13)9 to not 028 lnreA . Wk six months nnd tho full year- vL ja,nHrti r:3?' Wi 1.61 if Totals ....,..,,,, $1,803,701 i7T"rd Increase In sJS,"l . i,n jinV5! un8 U.lO. Juni'i'W iffl ?non "-, Stnat nctlvitv In the Phlt-i,U)).i. ..?l today centred In Philadelphia eS? which advanced a. full point. Ti, iAv"? In tho stock vns attributed to the t.S thnt the contemplated now financing , nt hand. The general understanding i Street today was that the company 2 bo passed ovor to a hew comDany. $ It tvas said that a. law firm hd'nlN,.L completed plans for financing the cooita Tho directors meet on June 22 and It if pected that the subject wilt be taking thnt time. While there Is no omefar.? nounccment on the subject, Impression J some quarters Is that tho present sloe, -S be taken over ns full paid by the .n'liiS cornoratlnn. W SECURITIES AT AUCTION The followlns securllles wero sold nt auction today by Iiarnes and Loflahd: STOCKS. 100 ahrs. U. II. 11. Motion Picture Manu fncturlna Co.. Dar S100 071 ahrs. Pennsylvania Knllroad Co, .1.10 par ! par 4 084 824 42 404 874 II 1004 120 ahrs. Lehigh Valley Railroad Co, SAO 0 ahra. Itendlng Co., first preferred: par ISO 20 ahrs. Reading Co., second proferredi par 1.10 .- 17 shrs. Mlno Hill and Schuylkill Haven Hallrond Co.: nnr tSO 2 ahrs. Iluffnlo and Lake Eric Traction Co. common ,T l.ot i snr. west rjnu 'iruic t.o, : par 1100. . 207 shrs. .Mine Hill nnd Schuylkill Haven Hallrond Co.; par $30 B74 0 shrs. Pottsvllle Water Co.. Pottsvllle, Pa, : par J2.1 flo 34 shrs. Haiem tlas Light Co., Salem. N. J.: par 20 BO IS shra. American Hank; par 150 B4H 2 shrs. Hank of North America; par J100 2S7 0 shrs. Dlrnrd National Hank; par $100 SOOU 13 shrs. Ulrard National Hank: par $100 .100 1 shr. Tenn National Flank; par llOO. 330 18 ahrs. Philadelphia National Uank; par 1100 407 12 shrs, Commercial Trust Co.: par $100 407 0 shrs. Commercial Trust Co.: par $100 400J1 A shrs. Commercial Trust Co.: par $100 4004 20 shrs. Fidelity Trust Co.; par $100... 703 5 shrs. (Termnntown Trust Co.; par J100 205 20 shrs. Industrial Trust, Tltlo and Sav- Inss Co.; par ISO 170 1 shr. Losan Trust Co.; par 1100 138 A ahrs. Provident Life and Trust Co. ; par 1100 S004 20 shrs, Philadelphia Warehousing: and Cold Storage Co.; par 1100 04 4 shrs. Pennsylvania Fire Insurance Co.: par 1100 410i 2 shrs. Citizens' (loth and 11th Streets) Passenger Railway Co , 277 1 shr. Citizens' (10th and 11th Streets) Pasienger Railway Co 2704 0 shrs. Thirteenth and Fifteenth Street Passenger Railway Co 2304 10 ahrs. Kejstono Watch Case Co.: par $100 V.. 634 I10NDS. $2000 United States Steel Corporation. B ?er cent., sinking fund, coupons lay and November, due 1003 ,. 103 4000 Syracuse Suburban Gas Co.. 0 per cent., notes, coupons January and July, lull!, January 1, 1010, coupons nttached; $4000 George town Railway and Light Co.. 0 Ser cent., sinking fund, coupons lay and November, duo 1044: $1)500 Concord Oaa Co., 6 per cent., first mortrage. coupons January and July, due 1042, January 1, 101(1, coupons at tached Lot $500 1C000 Georgetown nallwny and Light Co.. 0 per rent. sinking fund, coupons May and November, due 1044. Lot $100 a SOOO Georgetown Railway and Light Co.. ' 0 per cent., alnklng fund, coupons May and November, due 1044. Lot $250 3000 United Slatea of America. 3 per cent., coupons teDruary quar terly, dua 1018 2000 Terre Haute. Indianapolis 'nnd eastern Traction Co., a per cent., first mortgage, coupona April and October, duo 101.1 ..: 2000 United Traction Co., Pittsburgh. Pa., 3 per cent., general mort gage, coupons January and July, due in:)7 2000 Lehigh Valley Railroad Co., 4 per cent., consolidated Mortgage, cou nnnu "tin v nnr) Vnvm)u.r. 1llA 101 034 00 WET WEATHER IN COTTON KELT MAKES PRICES RISE Commission Houses Aro Leaders in Heavy Buying Selling Is Moderate NEW YORK, Juno 7. Wet weather In the cotton belt brought In a lartco number of overnight buying orders, and tho cotton market this morning opened firm with prices 6 to 11 points higher. Commission houses were the principal buyers. Spot Interests purchased July, but supplied tho later positions. Wall Street was a moderate seller and Liverpool sold a small nmount of July. The demand wns largo nnd continued nftcr tno call, witn prices at tho end of the flrBt 10 minutes holding at the Initial levels. Tho market eased off to within 3 or 4 points of last night's closing figures to ward midday. There seemed to bo some scattering liquidation ln advanco of the weekly weather report. The summary of this read quite as favorably as expected, but failed to Inspire any fresh selling of consequence and the market continued quiet during the early noon hour. Ilaln wns general In the cotton belt, but moro moisture Is needed In the West and Southwest. It was tho general opinion on the floor that precipitation wns too great In the eastern sections. Temperatures were slightly lower. March July .. October December January August . Test, close. Open. 11 n.m, .......13.23 13.27 13.27 12.71 12.70 12.70 12.84 ....13.00 ....13.08 ....12.74 12.80 13.00 13.14 12.80 12.00 13.00 13.13 12 m. 13.24 12.7B H3.0.1 13.11 ! p.m. iiif 12.01 10.07 13.10 Much Cotton Exported WASHINGTON, June 7. Exports of cotton during the week of June 3 total 122, 821 bales, and since August 1 -wero 5,126, GE6 bales. Canadian Municipal Bonds Jane Liat We hare prepared a spe cial circular describing our present offerings, the interest return on which varies from to 6H 5H Upon this 1 request mail a ist No- C we will copy of 18. Wood,Gundy & Co. 14WaU Si., Nor York Toronto jVIomtrenl London May and November, due ion.t 1000 Wilmington Oaa Co.. 3 per cent.. first and refunding mortgage. coupons March and September. due 11)11) 2000 Lehigh Valley Coal Co.. ft per cent., tlrst mortgage, coupons January and July, due 1033 1000 Railway Steel Spring Co., 0 per rent., nret mortgage, coupons January ana juir, aue ii.... 4000 Pittsburgh. Charttlers and Youghlo. gheny Hallway o., i per cent., general mortgage, coupons April and October, due 1II3-' A "000 Pennsylvania and New Vork Canal and Railroad Co.. 4 per cent., consolidated mortgage. Interest April and October, registered, duo lt)i!') , 3000 City of Philadelphia, 4 per cent., interest Junuarv and July, reg. )sierpu uua i.i, , , 0000 City of Philadelphia, 3 tier cent. Interest January and July, reg istered, due 1024 7000 City of Philadelphia. 4 per cent.. Utered. due I IMS ,'...., .lOltt 1000 CltV of Philadelphia, 3 per cent. iniClCBk JBIIUni jr Mill tJUIJi VI -utaroA dllft Kllfl : 1000 Buffalo and lake Krle Traction tn n nr- rem.. ois 08'i 103 100ft 00K 0711 101K 02H 100 Mr it mortgage. oarHHrata of dftmatt SOOO Kansas City Hallway and I.lght Co.. 5 per cent. New York. Tmt Co. Certificates of deposit...... 1000 Indianapolis Traction and Terminal Co.. o per cent., first mortgage, coupons April and October, duo maa . 3000 Huntingdon and llroad Top Moun tain Itallroaa ana f;oai uo, i..n).. second February and August, Umpire Oas and. Fuel 4 per mortgage, coupons aue xu.o. . Co.. u per due ago. f 10000 Umpire coupons May and November. 10000 Empire, 'qas'and Puej' CoJ"'pef cent., first and collateral trust, coupons May and November, dua . 1020 . . .. , 1000 Mt. Washington Street Hallway Co.. 0 per cent., first nwrtgaaa. coupons April and October, dua 1033 1900 City of Philadelphia. 3 per cent., "w registered, 11130 , . . . ,. ,. . BOOO New Orleans Hallway and Light, a Pt-r cent, notes, 1018 10OO Reading Co sen. 4. 1007 1SU 03H 83H 63 100 100 8!, eov, 100 05 JLKOAIi ADVF.KTISIIVIKNTK itSs nqtiik is matron- uivkn that i.SJ an application -will ba made to the Gor ,.rnoe of tho VwpinonvK.sltb, of Pennsylvania on the ZiiT " 19'9 tr " " Stringer, lllcuard J. btelner, baa WaaMrtuan. Joseph i'.triusii and Jultn iutmeruitiui, Jr.. under the act of Assembly of the Commonwealth of Pennsylvania. . entitled "An act to provide for the Incorporation and regulation, of certain cor MraUons!" approved April 31, 1ST4. and the lippleicunts thereto, fur the charter of an In tended eorvoruiujq 10 pe cauet, ,. nuaaeipnia Hlllc gplnuwc Mills. th character and object of which U manufacturing, splunlng. buying and aelllnz yarns, and for thus purposes to have and posaasa ana enjoy all the rights, benefit and privllece oi me aiq aci or Asaemoiy ana !:..unlamanl 9. supplements. Hs JAMES COLLINS JONES. Solicitor. OJJIKCTOStJ Of ACCOUNTANT l'rtU!4il I'ublle Artauatajta fcAWBEKCB 8. WlpWN lia wen. uiaiH lOiOVVM A no. tmamvr srJtxe SUBNS A UffSAKMAH 165 Stocks Are Listed on our board, one of tlic most complete in Philadel phia. All transactions are immediately shown. Wc buy and .ell only in your interest; we ljave no favorite- stocks. Call our Mr. Knoll, Lom bard 1385. Main 4458. HecKerICo. BANKERS ft nitOUEBS 6th & Chestnut Sts., N. E. Cor. Membrrs ot riilla. Stock Eicbanre ' Direct wire to Ner York RAILROAD EARNINGS ALABAMA OHDAT SOUTHEnN. Fourth r..l, Mov tfnl rltn IncJ Month ,.,.... , "-'8,01 4 From July 1 i . 6,100,002 MOIllLDJ AND onto. Fourth week May.,.., .133,20. Month 1.003, iss Fi on .July 1 lo.$2ri,02'J CHEAT NORTIIEnN. sjrf IJW April cross Net Ten months' Net HOCK April cross Net Ten months' gross.. Net tn.4(l.-..lni . ,1,700,012 . 07. 182,1 -I-.! . 27.701,562 ISLAND. . 0.001,14.-, . 1,400,770 . 02.870,002 . 13.830,142 ts.niir .'Nisi JU.'MtV fjlJI si MU" J.iwji Zinc Ore Lower JOPLIN, Mo., Juno 7. Tho pries ot ore has declined $5 n ton and lj quoted nt !u. Tno striKo air Mated I. IV. W. has fizzled out and the miner. wining to worn nt reuueeu wages. Hi all mines aro now operating. iiiniiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiii s The Promising Future 1 H of Motor Stocks I j ' n The proiperlty lelnr enjoyed br This laiaiilnsai tat Atn aTiIisl rnsniifistae. " !- eri Is not only roflected in ftttttr SI p market activity for motor itocki, p but alio In actual and p on ilia la S I ST", troaicu uiiirigutioui si pjrvim q iiocK&o.aBri i,nii mora pinicn S( ppllei to Ortrland Chalmen Chandler Gierrolel Studebaker Saxon Maxwell Peerlcu White Reo 13lJ !T Our trcr Motor Stock IJoo, SS analilnr SO seourltlei, will U SS sent free upon request. Aik fAt SS 10 FL, lncludtns booklet eiplilaltr S "The Twenly Payment Plan" m SS (Eitabllihed 1808) j2 SS 40 Exchange Place New YorVjg niiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii Our June Investment List describes a number oi choice issues of Railroad, Public Utility and Industrial Investments. A copy will be urnlaTicd o reauesf. Edward B. Smith StCo EiTitMinso 1802. BANKERS If embers 1 Wew yorh and PAIlofIi I ntacla Excfianaea Paiusnrimtl Nitr Tex 11 ClIESTNDT BIBICT, CO FIMs) 8TBZIT PROVINCE OF ONTARIO .5 Gold Bonds Due June 1, 1926 j Price 10VA and IntereMj Circular on requeat , j N.W.Halsey&Cc 11 Chetryjt gt., rhlladelDliU. New York Chlcajq Ban Fr RrAZIER6C0 INVESTMENT BANKERS Broad and Sanaom SU. Prown Brothers & Co Fourth and CinESTNtnr Strests PHILADELPHIA Securities and Income We lake charge of securities and collect incomes for persons desiring to' be relieved of such details, crediting an accounH subject to check or remitting amounts collected. CAPITAL 1000,000 SURPLUS AND UNDIVIDED PROFITS HW.00O TreA!.An5S.TkJAOMOSTCdNVeNIENT METHOD OF TERS low rBPHn.lrH,E0.T.RAVEtERB, CHEQUES QB UET el lAWPnEpiIJ5?.gED BY THIS COMPANY-CAN BE CASHED EVERYWHERE AT ANYTIME. LOGAN TRUST COMPANY OF PHILADELPHIA M3I CHESTNUT STREET k. ROWUAND COMtY rmusM WIU-IAM URAPWAY t VJ3 jffpjjtsr.
Significant historical Pennsylvania newspapers