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.