EVENING MbOBBr-PHirABBEPHlA; THXTRSOAY, JTJ1TE al916.
JfcllHH ! 1 m .-tfllTli.n ., . ... , ... .I..,., - ,. f ,-1,-.,1Tr1T,,T, ,1I1T1T ..--.fclU. ...Ill .I.! .fa-t
1 FINANCIAL NEWS
" 4WALL STREET DOES NOT THINK SPLIT
TOLL OCCUR IN RANKS OP REPUBLICANS
Traders on Floor of Stock Exchange Point to Strength of
Market as Indicating No Break Important
Price Movements to Higher Levels
High Potnta in Today's Financial News
Additional gold amounting to $340,000 brought in from Canada. Set
cent, extra dividend declared by American Coal Products Company
Seven
per cent, extra dividend declared by American Coal Products Company en
common stock. Phelns-Dodae declared .1.50 extra dividend. Chammon Con
fer declared dividend of $040, making $55.S0 since January SI, of iqel year.
.ourue u iiTiyraTiu yuintu fUIU.
Shimnenls of anthracite coal smaller in May,
but laraer for five months. Financial institutions in New Jersey gained
$11,017,782 in deposits from March 7 to May 1. Price of bar silver lower m
New York and London. 'Jersey Central permitted to issue $3,000,000 in bonds
by New Jersey Publio Utility Commissioners.
NEW YOItK, Juno 8.
"With tho country "waiting for developments at the Republican convention,
tho action of tho stock market today wao regarded as perfectly satisfactory by
tho leading Interests committed to tho bull aldo. Traders on tho floor sold that
the strength which was shown indicated confidence that thcro will bo no split
In tho Republican ranks, but it was pointed out by some that It Is too early to
regard tho situation as having taken a definite shape, and this feeling restricted
operations to a considerable extent
Tho Important price movements of tho day wero to higher figures, with most
Interest attached to tho railway group. Dividend prospects wore used with
effect as reasons for vigorous buying of Southern Hallway preferred and Chesa
peake and Ohio, and there was also a bullish demonstration In United States
Steel common, which crossed 85 on purchasos by C. D. Barney & Co.
Tho room traders holpcd this movement along and thcro was somo outside
buying, based on intimations that tho directors havo agreed that tho com
mon stockholders are entitled to recognition of their rights by a distribution to
xnako up for the period In which no dividends woro declared. According to board
Toom gossip, action in this direction will bo taken nt tho July meeting.
Thero were many special movements on which advances wero mado early In
tho day, Including Blocks lllto Reading, United Fruit and Marino preferred, but
tho gains In tlicso Issues wero not maintained. Tho buying on tho advances and
tho selling on tho later reactions was alike of a purely speculative character and
without significance, except as Indicating increased speculative Interest.
Dividend prospects formed a basis for an advance of moro than 2 points In
Railway Steel Spring, which, according to Street talk, Is to recolvo dividends soon
st the rato of 5 per cent, per annum. There was a allow of strength In Third
Avenuo and Intcrborough- Issues, reflecting resumptions of activities by pools
which havo long held substantial lines of those stocks.
Permit Jersey Central to Issue $3,000,000 Bonds
TRENTON, Juno 8. Tho Central Railroad Company of New Jersey today
received permission to Issue a $3,000,000 bdnd Issue under a ruling of tho Board of
Publio Utility Commissioners. Tho Atlantic County Electric Company mayissuo
(12,000 additional capital.
$3,310,000 Additional Gold From Canada
NEW YORK, June 8. Cold to tho amount of $3,340,000 has been received
from Canada and deposited at tho Assay Office to tho account of J. P. Morgan &
Co. This brings tho total on the current movement thus far up to $39,096,000,
American Coal Products Declares Extra 7 Per Cent. Dividend
NEW YORK, June 8, Tho American Coal Products Company declared a
regular quarterly dividend of 1 per cent, on the common stock and nn extra
dividend of 7 per cent, on common stock at par, both payablo July 1 to stock of
record June 20. Tho regular quarterly dividend of 1 per cent, on tho preferred
Was also declared, payable July 15 to stock of record July 6.
$3.50 Extra Dividend for Phelps-Dodge Company
NEW YORK, Juno 8. The Phelps, Dodge Company declared a regular quar
terly dividend of $2.80 and $3.50 extra per share. Threo months ago $3.50 extra
was declared, while tho threo previous declarations included $3 extra. The divi
dend la payable June 30, to stock of record Juno 19.
CURB'S TONE BETTER,
WITH MOTORS WEAK
1
Brisk Demand for Atlantic Gulf
and West Indie? as Well as
Other Oil Stocks
NEW YORK, Juho 8. The outside
rrarltet showed a better tona today as the
result of breaking away of the general
market Influence of the syndicate opera
tions In tho motor stocks. The marking
up of those Issues, many of which cannot
be. sold because of underwriting and con
solidation agreements, has been looked on
as a menace to the general situation, but
the discrimination by banks and the fact
that little public buying was induced, seems
to havo railed a halt In these efforts.
One of the newer consolidations, Motor
Products, which sold as high as 87, dropped
today frpm 80 to 72, and United Motors
broke from 85 to 8)1 H, while Pcrlman Rim
declined from 1FJ to 150. The recessions
seem to Indicate that 'the motor stocks have
had their day as far as violent advances
are concerned.
There, was a brisk demand for Atlantic
Gulf and "West Indies, which sold at the new
high record of S0$-j, and the oil stocks gen
erally were active and strong, with Okla
homa Producing moving up from TA to
7JJ. United Western was In gooB demand,
with most of the buying coming from West
ern sources, based partly on Information
that the company Has about completed ar
rangements for the acquirement of valuable
properties In Mexico.
There was good buying of Kapo at EH
to 5, Monlton Silver was also in good
demand on the news of the opening of a
Mw vein carrying a largo percentage of
(liver.
Zinc Concentrating held strong. The In
creased, demand for the stock has been fol
lowed by statements of a pending contract
with the Utah-Apex. The directors of both
companies are to meet In Boston during
the coming week, when a contract Is ex
pected to be consummated.
INDUSTRIALS.
Hid. Asked.
Aetna, Kxp(oslya , , i4 luK
AJax Rubber Tire ,. 09 oavi
Am Brit life 12 18
JUn ilarconl ...,.,,...,......,,, 3 SU
jUlanllo dutf W1 ,.,,.,, , 4 jjUfi
Aa vnt ,,,,,.. B354 fittf
Ctnidlui Cir Co AT 71
Can Car 4 Fdjr pref ,,..,. 5 SO
Cbovrulet Motora ........ ,,,,,,,,235 257
Cubs Cane tjusar 67 58
Curtla Aeroplaoa ...,,,.,....,... 4S ,BJ
JJrUxi-Uoab ......,.,,.,....,.,..127 133 .
Emerson fbooOtrrapb. ............. 1 12IT
TTlssulsU Lynn. .................. OH OH
taktu Barker Car............ sl 83
Units Jiff. - ................ 2 2
do pi-iif, ...,.,,,,,,,. OS 100
JCaibodloa Eronjo pref..,, ,,.,,,,, 21 H 23
SulraT Munition ,,. 7H JH
Manaattan Trans ............... Ifj 1H
JaMrala bti .,.,..,..... gK Ol(,
Otis JSlsvutor ................... OO 62
Peerless Union ................. 2u 'ft
3 1'ShcSSt.'w i ............og ll
sndni Motor ,,,....,......,, 8 8''
JaulHcsrlnA ... . ........ . . . 39 B
JKKau nini .::;..-...;.:;;;; 2 u
Trtt!t4 Motors tzht, St1
r!man Jita -. t- .iTf"., 3
tJn!tl I'roftt BLariu ,. ,,. K
tl K It and II wd , JH 3H
kits Motora 6? BH
14 Ha , 1 H
STANDARD OH
nola ....,,,,.. ........ .......18J! m
la .....IxaiaiilltMtiKllfl ?
ilrla Plfc ...a..a.........t..(H 4S
:8S,iyar.::::::::::::::::::i ra
sui v.:::: w 20a
OTHKlt OIL 3TOCaa.
DII , , V 'i
oa , ,...,,... .., o
Efst ' " r i
inat lUflnta ......... ,..,,,. 5 M
.Melialoa ..wtf M -
MtNWO STOCKS.
tComfsi 2la ... 1H H
JntiOllaM .................. A -4
A Ur ..11 It
V7UHM .,:..,;m.x. . s
" w 1-"i,J 11 "
FBWI t -rfif 5 ?
m1(Mr'l-ftM,.i 4 tt
:h:!:::::;i: II M
gS-WBJVaPVMi'" ' S 8K
'-?!&- " i5j S- mrm
llf.;,1,,.l:iM1; mw
lAlfi p
Kiw,
, fl'ff-Jfertl
JMWg-:iS:tjf w i
s--tti3
I New York Bond Sales
,fl.,n. ,. ,. . High. Low, Close.
? Amor Tel dt ,,.... 01 uijj i
iHKK "" Arbor 4 a oo otl
6UO do adj 4a s-i 8.1
4T888 ao J? II ir.66 .8.K ?2iu 183u
,8888 SSSi!,:::::::::::8?S ! 8.1
buoo nih stcil rfd a, :im54 luiti 10114
,"" joUn Oa- 1st 61. 107 107 1074
SnSI uan ,T'.rm .4" 74 S74 K7H
luor parw"i4W-H.-- 103l? 1M!? laJ5
in!!!! S-HAr PJFf -1118.. h bus o
ll SSS Crf1 V.??i BSI Wl 1U20.1U1, 1008 101
40U00 da 1U31 loiT4 ioi4i lniu
12UUO do luji :::..;. ioo loo itml.
1UOO Cent Leather 'Hi 6i .lofli i5 1 "l!
20U0 Cent It 11 NJoi." flilg 11H 118
jooo Chill Copper Ta.'UisSH lJStt vSu
S ChH'n' ? ""' v'4w.: sag 1s3 g
uuou do On ....,.,,... .100 10(1 ift.
SSI.! , E jii &::: ::: "Su 1S.?u
luyo Chl Hwy Tib liTli OTiC (nit
affl WAV",5'" uH
luuo do 4a 10J3 04H 114 A4 n. 11
30O0O do cv f.",....:.."l07C 1075 107
ASK ?en ?s....V.. ois 'oi'1
BOUO Con. Ga. cv 0......y.l4 i"l i!!;
10)0 Dul & Ir Itanai 6:..l33 iuW I u
8anll .'i? v-"' ? - m m IU
aitoo Hud & Man In 5..... I'uw out? .(!
U0OO Hud & Man rW oi." 7a 73' 7.
28000 III Central rfd 4." 8H 8H fcuW
3000 Interb Met 4 H a..';; k 74? 7tJ
OOOO Interb It T re! &i.... DNW uJ8 o!J
! Jntcr M MarTt i luS" 108 103H
81000 Japan new Q U 4Ua. K.!14 ' Sat4
7000 Japaneae 4!ia ,? ?.. . 85 84C 81
MOO Kan City So 8. S?H 01 01
turn, i .iT. -b.-"f'V-u.;A- .".".. ".. "O.
iM? J-e''d9 Oa rfd 6...1U1W 10l(5 loll
duuu J.K un deb 4. 1031.. U4S 04K ui
g00 L ,V of N Y con "Ti.ho'K IO08 looj
1H2S If".1" .. :ioiw loiu loi'
.'!!"x "I utn a T 01,,.,. 81H 01H 01'
.uuu nn ,ti n. j ,...'
1000 mo Poo 4. ,::::::::: 4h m Hk
2000 Mont Power Si ...:. 08 D8 Ss
14000 do e. ,, :::ii4is 1142 liis
?ffl 3J ms ::: "28 UA UM
laooo do 4a utu oiu oitz
iffl N7 '".IK liBi "" ? "70W
s229 do ' ,05 ........100 100 100
28088 ss w.'i' :;: & gi 18a
P QW " i!t S8
1000 Rwy Btl BpVi Ba H".' S78 B7U S?
1888 l..?' 81 IP gS
S,DM: 100 1 10
1888 ioS!S 8f4Sf if? Iff Iff
joooTex co cv a..... ::jo5k 104 inlK
588o?oa,,A,V4..?r;: iiHi fi
S2000 u a Hm.it .,;;. ;:. HIS 1JJU i?3
o;o00 Union Pao cv 4: . .. "IS jg Jolu
500 Oolon Vas r'd 4... Sou fidS nni!
10OO Un Bwja B 4. ' ' ijO SS& S9g
1000 Va Car Chm lat oi.: SI8 2 nlB
888Sr,tU4.!:::::
lOOO Wt Union a.::":iol 101 101
Allot Motor Products Stock
NEW YORK, June tr3. 8. Bach A Co,.
as pianagers of the syndicate which under
wrote tho 80,000 shares 0 Jlotor Product
Corporation stock, announced this rooming
that allotments had been made, tubscrib
em receiving from 30 to aO per cent, of their
subscription.
Dominion Steel Pays Back Dividend
MOTBEAU Canada, Jun Jv The Do
uilnlon Irm 1 Steel Company has de-
lar4 wlfipel dividend of per cant,
each va th pstterteti stock, payable July
J-lrfMfe tl JtCW4jJ(4k4JV
New York Stock Sales
Last close. Hlsh. Low. Cloae,
nar itumeiy pr ,,,,,,.. 30
Aluke J Gold M, ....... 0
Alaska Hold Mines 22H
Altls-C Mfgpf 82H
Am Ac Chemical 08H
Am Beet Sugar,. .,.... 82
Am Can 5SH
Am Car A Filf. ........ f.ntf
Am Car A Fdy pf ,.118
Am Coal ProUocts ......100
Am CollorfOII..... D3
Am Hldo ft Leather ..... QH
Am llldeft Lpt.,.,,,,. t,0H
Am Ice Securities 28H
Am Mnsced ..,,,.,,,, 21H
Am Loromotlra. ......... 7n
Am Ixicomotlvs pf ,.....101J( 101H 101U 101U
Am Malt Corpn ........ 0W 7 7 7
AmFmoli &Itof, P8!f OSX 07H mU
Am Smelt pf A..,.. 03K 05W 03H 05H
Am Snuff , 14SX UM 149H 149M
Am Steel Foundries.,.,, 60H COS 0H C0U
Am Sutar Itcnnlm ,110U 111 H05 111
AmSujar Kef pf. 117H 117 117 117
Am Tel & Tel 120H 130 129H 129
Am Tobacco 21M 204X 203H 203
Am Woolen 4SM 45H 45)i 45!
Am Woolen pf B8 03M OSH 08H
AmZlncL&Sm 85 i5H &3 8.W
.Anaconda Cop M 84 84 3) 3i
Aich Top & 8 F 105H 103 105U 105W
Akh T & B F pf 100H 100J4 lfX35 100M
30M 39 39M
0 0.0
23 22J 22K
82M 82M 82U
00 C9Ji W
83M H1H 83H
fiO), rSJ 60Ji
fJO'f 69M 69H
118H 118H 1I8H
102 1C0H 101!i
G2 MH 62H
10) OU 10M
62W 60tf B1H
28H ! 28M
21J 21W 2Ui
71J 70), 71H
WHEAT GOES UP
ON SHORT COVERING
Government Report of Crop Con
dition Also HelpB Market
Late in Day
ortAix nr.r,T weather forecast.
CIIICAOO. Jon . The weather fort-
ea.t for as nonra tonowHi
llllnol
and n
not math ehsnrft In tempen
Ail Coast Lino ...110H 110
uam uxo Wks bvii DU
Datt&Ohlo 1J 02H
Halt & Ohio pf 70H 70"f
Hrooklyn Ilap Tr 87M 87H
Ilutts & Superior vm 04
Cnl retrolcum pf 47H 47H
Canadian 1'acino.. 1701. 177
112K
118
07U
20W
54H
13
BOH
no
fe
U1H
70JJ
87M
03
47M
110
B9
niM
70H
87M
47W
170H 170) i
M)i MH
inn imi
IIS 118
C7Jf
Z0J1
!A
13
9)
130
f8J
83!f
nvi
Central leather M
Central Leather pf 112
Chandler Motor 115
Ches& Ohio (VIM
Chile Copper 20W
Chtno Copper, , 4
Chlcaeo Great West 12H
Chl Mil & St Paul 1)8M
CblM & St P pf 130
CCO 4 St L S8H
COO 4 St Lpf 83
ChliN Wpf 109
Chi HI &Pac 20!
Ciuett Pea A Co 74 H
Cluett Pea & Co pf 109h 109
CompTItecCo Ah 43
Col Fuel a Iron , 42M 43M
Col&Southorn 32 34
Col & South 1st pf 0 59
Continental Can 99J 101
Consolidated Oas 139 139
Corn Products Itef 18! 19i
Corn Prod Itef pf 94U 05
Crucible Steel 81M b5H
Cuban-Am Sue pf 109 110
Del Lack & West 230H 2J0
Den & HIoJ3r pf 20J.' 27
Distill Sec Corp'n 47H
Domo Mines 27
Klec Storago Bat MM
Erie 3SH
Erlo 1st pf C3H
Erlo2d pf 47Jf
Yd Mln &Sm pr 37
General Motors pr 110
Oranby Consol 83
Qrccnc-Cananoa 40H
Goodrich II F 77J
Great Northorn Dr 121!f 122W 121'r 122
G N crs ror oro prop.... 37H 37H 'AV.i 37
Gulf States Steel 88 85 85 85
Gulf States S 2d pf 88 83 88 88
Illinois Cent 107M 108H 107JS 107
Int Agricultural pf C2H 62 51!i 51!i
Int Harv Corp'n 83)5 83H 83 S3
IntllarvN J 118!l
Int ilarvN i pi lis
C4J1
20W
63H
13
08H
130M 130
mh mi
aiU 83H
lGDtt lG9)f 109W
20K 20 20Ji
75H 76M
109 100
45 45
42M -431f
32 33?i
58 59
mu 101
139 139
19
05
H-IH
110
230
20H
47H
27
05
38X
54
47
30
115
SO
40H
77
partlr eloodr. aotithl rain north
ntrnl tonl it nnd nrobablr Frldari
ifh riianto In temperature.! fre.li to
.trnnc .011th to wel wind.. , ,
Mlaunrl--flenfrallr fair tonlsht , nd
Frldar etrept prolinblr rnln northea.tl not
47H
27
05
39M
54f
47
30
115
SOW
40M
78)f
10H
1)5
64tf
110
230
27
47Jf
27
05
30W
51 !i
47
30
115
80H
40)i
77
lisv; 118 118
118H 118H 118H
Int Con Cor r t c sb.... 18 Mi 18 I8,
Int Con Corp'n pf 75M 77 70 77
Int Paper 12i 12M 12)f 12
Intraperpr 58H 0H 58 58
Insp Con Cop 45! 40 455 45H
Int M M c or dep 255 25J 25 2.JH
Int MM pic of dp C5!i 07Jt 05JX 07X
Jewel Tea 80 85 85 85
JowelTeapf 108 103 107H 107M
Kan City Southern 20H 205J 20 20
KCFtS&Mpr 71H 72H 72 72
KayserJ&Co b'JH 90H 00 00H
Kelly Sprine Tire 75Ji 75 74M 74M
Kelly Sps Tiro pr 00 00 90 00
Kcnnecolt Copper 533i 53H 52H 53)
Laclede Gas 105U 100 105!f 100
LackCoEL&P 09 70 09JJ 70
LHch Valley 83 83U fc3 b3)
Leo Itubbcr Tiro 535 53H 51H 63Jf
Liggett Myers 245K 251 218U 251
Llwett & Myers pi 121 120H 120)4 120i
Long Island 33 3G) 33 35H
LorlllardPCo 220 221 21 OK 220
Louis & Nash 133U 131 133 133H
Manhattan Shirt Co 07 07 07 07
Maxwell Motors 85H S0H b.W 85U
Max Motors 1st pi 00 00J O0H DOM
Max Motors 2d pf 57 J i 55 57H 58M
May Dcpt Stores 03H 04 Ol 0-1
Mexican Petroleum 108H 109! 108H 108H J
Minn HI P , B H M ....123H 12-1)5 123M 12314
Miami Copper 35 30 35 J, SZli
' TtV
aio rac u us..... u it
Montana Power S2M 83M
Nat Biscuit 120M 121
Nat Cloak & Suit 78M 77
Nat Cloak & Suit pf ....107M 109
Nat Knam & ti Co 21H 2151
Nat Leaa co pi 114 114
Ner Con Cop 18
N Y N II 4: II,
New York Central
N Y O & West...
Norfolk & Western
Norfolk Southern. .
North American,..
Northern Pacific...
Ontario Stiver Mln 7M
Pacific coast 53
PaclncMaU ,
Penn Ilallroad
Pitts Coal CoN J...
Pitts Coal Co N J pf.
Pittsburgh Steel pi...
Pressed S Car Co
Pub S Corp'n N J ...
Quicksilver..
5!i 5M
83 3K
121 121
77 77
103 10D
24M 24M
114 111
18 18
01M our
100J 100)i 100M
28M 28 28
13GM I34M 135M
21W 21H 21M
7U ivy.
1UH I15H 115
7 7H
03 03
01 H
100
28
130
21M
COM
18)i
01!X
70M
115)1
7S
03
10M
58j
27
.. 20M 20M 10M
... 58M 68 58J
.. 27 27 27
...101H 101M 101M 101M
...08 07H 07M 07M
... 40 47J 40M 47M
..130 129H I29M 129)5
2M 2M 2M 2)5
IySteeSpCo 44M 4711 45M 40i
Itay Con Copper 22M 22M 2iH 22M
Reading 105M 100M 104H 104M
Heading 2d pf 47 47H 47 47f
ItepubUc Iron & S 40M 47M 40M 47
Itepubllc I &Spf 111$ 111K 111H 11DJ
Seaboard Air Line 10 16J IBM IBM
Seaboard A Lpf 38 39H 39M 30H
Sears Iloe & Co 182 181M 181JX 181),'
St L Southwest pf 42M -13J-5 42M 43M
Shat Ariz Cop 31M 31M 31M 31M
Sloss-Shef S & 1 53M 63M 53M 53M
South Porto It Sug 235 235M 235 235)1
Southern Paculc 08M U9M 08M E8M
Bouthera Hy 23U 24M 23M 23M
Soutnerallypf 09)f 70 09M 70
Standard Milling pf..... 01 02 01K 92
StudebakerCo 138M H0M 138M 140M
Texas Co...,, 100 100 189M 160M
Texas Fadflc 11M 11M 11M 11M
Third Avenue.. ,,,,, G4H 05U 04M 05
Twin City HT, 08 09 09 09
Under Typewr 103 03M 03 0SM
Union Dig 4 P pr 30H 30il 30M 30M
United Cigar Stores 07M 08) i 08!f 0SM
United Cigar Mfrs 58M 68)f 67M 67M
Union Pacific 138M 13831 138M 138M
U 8 Ind Alcohol , 158M 150 158 153
UBOIP&Fpf .,..., 63M 53H 53H 53 H
United Fruit , 1C6M 169M 107M 1Q7M
Un lira Inv Co pf 20 20H 2DM 20M
UHltubber... 6 5M 5M 55M
U 8 Ilubber lit Ef 109K 100M lOOJf 109H
US Steel Corp'n.,, 84H 85) 84M 81
U B Bteetl Corp'n pf,...U7H H7M 117U Wit
USSmlliM 79M S0M 78)( 60M
Utah Copper, , 81M b-'U SIM bl
Va-CaroChem 41 41M 41H 41H
Va Iron Coal &O 50 CO 50 50
Wabash ,...., UM UH UH Uii
Wabash pf A ,.,..50 COM 0 COM
Wabash pIB ,.,.. 28 2b)i 28( 28M
WwtUoloaTel 04M 05 05 06
Western Maryland 33 32M 31M 32M
West Maryland pf 47 48JJ 4BM 40J(
West K & M COM '61 60i COM
Willys Overland 305)4 30(3 305 305
Willys Overland Pf 112H 114 1I2H UJW
Wisconsin Cantral., 39M 39M 39M 39H
WooUoitnF W ...130JI 130M 130tf 130M
Drltish Demand Makes Sugar Finn
NSW YORK. Juno 8. Reports that the
British commission was coming into the
sugar market to make further purchases of
Una granulated kept that staple firm at Its
high figure of 7.5c. and 7.75c. despite th
underselling by second hands and the re.
ductlon by Philadelphia refiners. Spot
Cuba raws were Quoted at M cents.
Tube Dividend at 1 Per Cent Bate
BAimMQBE. June J Tho Baltimore
Tube Company has announced that the !nft
Ul dividend on the common stock w(ll b$ at
the rate ol 1 per cent per annum payable
In quarterly instalments. No Urns &s bea
fixed for the actual distribution, but It is.
Mttwt JtsJKX it MU fca. n-.aft la- JiaA
...i. aaaa Ih .An.nA.n. i.raa.
Mlnron.ln Rnln tonlahl and Frldnr, -tinned
rani, ahlftlns, K.nlrn.... , , . . ,
Allnne"! LnMttlfl with rnln tonlsht
nnd nrolinklr MM Frldan not maeh chant
In tempera tirrei. . ,. . .f- .i
toirn rsrtlr .tlen.r. we.lj nrobnblr ra'"
mat nnd entrnl tonlsht and KrMitri ome
wh.t warmer ea.t and 'fntral "'..,
North Ilakota tlenfroilr fair tonleht
and FrldnT wtept nroB"rlriraln .onthen.t
Mouth . IMltotB. nnS trftiVa Oenerallr
fair tonlaht and Frldari nnrmer extreme
""KonSKfeilr tonlaht and rrldar. Prob
ably bwomlnt: iin.ettle.1 Frldnr nlfhl, nuthl
not much chnnce In tempfrntnres.
CHICAGO, June 8. A good absorption
through commission houses and covering
by shorts In anticipation of tho Govern
ment report. Issued nt tho closo, made tho
wheat market firmer todny,
Tho Improvement was preceded by easi
ness, duo to realizing by some of tho larger
longs nnd wiling by cash handlers who
were believed to bo making hedgos. follow
ing n show of Btrength In tho early deniings,
when thero was buying mainly for tho ac
count of thoso who had sold yesterday on
nn erroneous report of a Ocrman rout at
'v'crIun . . ... ..ii
Thn nnvornment renort mado tho conal-
tlon of winter wheat on June 1, 73.2,
against 82.4 a month ngo, and 85.8 a year
ngo. with nn indicated yield of 400,000,000
bushels, compared with 656.046,000 bushels
harvested In 191C. It mado tho condition
of spring wheat on Juno 1, 88.2, against
94.9 n year ngo, with an indicated yield
of 246,000,000 bushels, contrastea wun
.165,400,000 bushels harvested In 1015.
Tho acreage of spring wheat this year Is
17,851,000 acres, and tho area of all wheat
this year Is 50,571,000 acres. Last year,
10,445,000 acres of spring wheat was
planted nnd 40,453,000 acres of winter
wheat. . , , .
Whllo cold, cloudy weather has rctaruea
tho crop In tho Northwest, tho rcscrvo
moisturo will bo of much benefit later.
After showing weakness, tho market at
Liverpool closed steady, with freight rates
recovering.
Shipments from Argentina for tho week
were estimated nt 2,000,000 bushels. For
eign buyers nro acting with great caution
because of tho Immensity of stocks held
In Importing countries. They belicvo that
marketings will bo frco next month.
"Wet weather, with reports of flooded
fields and a weedy backward crop In n largo
section of tho best corn territory, kept that
market strong throughout tho session.
Shorts covered. Tho movement was small.
Tho market at Liverpool was Inclined to
go lower. Shipments from Argentina for
the week wero estimated at 1,700,000
bushels.
Loading future, ranged na follow.:
Tea day's
Wheat Opn. Itlllh. Low, Close, cloaj.
July ....... 1.0IJ, 1.0AJI 1.04J4 1.01U 1.04
Kept. ...... l.OflM 1.0T 1.03S l.Ofl'itl.OflH
Der 1.08S 1.09& 1.08 1.0'J 1.08J4
uorn mow ueinjry-
July "iv '- I9 -.. T1U7?
Sept. ...... 70 71 B9 '70 1n
Doc C1K 02 Olkj 102 1J
Oat
Juno 38 Ji .. .. .. 39 ,
July .'19)4 .10 SOU t30Ti 13991
Hept 3US 3H 30S 38H 88J4
Dec -Mil 40U .'IDS -auti taut.
t.nrfl -
July 12.02 12.02 1
lll'tin '
July 12.40
Hept 12.55
i'ork
July 21.45
Bout 21.10
Hid. tAskeil.
12.82
12.(10
21.72
21.35
R0 12.fi7 M2.4T
12.0J tl2.72 12,U0
12.40 '12.RO 12.40
12.47 tl2.07 '12.00
21.27 121.05 t21.20
21.V0 21.30 tlil.UO
ESTIMATE U. S. WHEAT YIELD
AT 715,000,000 BUSHELS
Department of Agriculture Puts Con
dition of Crop at 77.7
"WASHINGTON, Juno 8 Crop estimates
of the Department of Agriculture for 1010,
Issued today wero:
Winter wheat Acreage tpcr cent, of
1015), X1.0: total, 33,020,000 acres; condi
tion, Juno 1), 73.2.
Spring wheat Acreage, 01.8 per cent;
total. 17,851,000 acres; condition, 88.2
All wheat Acreage, 84,9 per cent; total,
50.8711,000 ncrcs; condition, 77.7.
Oats Acreage, 09.6 per cent.; total, 40,
590,000 acres; condition, 86.9.
Darley Acreage, 104.9 per cent, total,
7,757,000 acres condition, 86.3,
Rye Acreage 05..6 per cent.; tatal, 2,
729.000 acres; condition, 86.9.
Hay Condition, 90.3.
Pastures Condition, 03,4.
Apples Condition, 70.
The estimated total yield is:
"Winter wheat, 469,000,000 bushels; spring
wheat, 246,000,000 bushels; all wheat, 715,
000,000 bushels ; oats, 1,256,000,000 bushels;
barley, 180,000,000 bushels; rye, 44,000,000
bushels; apples, 72,000,000 barrels.
"Wheat and Corn at Liverpool
LIVI5RPOOL, June 8. Spot wheat wbb
weak today, with blue stem quoted at lis
4d, a decline of Id ; No. 1 Northern, Spring
Chicago, 10s 4d, oft 2d; No, 2 hard winter,
103 2d, a drop of 3d ; No. 2 red winter, 10s
Gil, a loss of 2d; No. 1 northern Manitoba,
10s 6d, down Id; No. 2 northern Manitoba,
10s Ed, a decline of 3d, and No. 3 north
ern Manitoba, 10s 3d, off 2d. Corn was
weak, with American mixed and plate lV4d
lower, at 10s Id, Flour was unchanged at
42s 6d.
GOOD SUPPLY OF COTTON
FORCES PRICES DOWNWARD
Fairly Good Demand on tho Call Fails
to Keep Mnrket Steady
NEW YORK, June 8. The cotton
market at the opening this morning was
barely steady, with quotations two to four
points lower. New Orleans was the prin
cipal seller here, with spot Interests buying
July and selling the distant months.
Liverpool was an Important purchaser
of January, Although there was a fairly
good demand on call the supply Increased,
and before the end of the first 15 minutes
prices had been forced off three to five
points from tho opening figures.
Prices worked about 11 to 12 points net
lower before the end of the first hour under
New Orleans selling of new crop month
and scattering local pressure. Liverpool's
buying of July, October and December was
one of the early features, but otherwise
there seemed to be little demand and the
tone was unsettled with the market com
paratively narrow during the middle of the
morning.
Reports of unseasonably low temperatures
In the western belt seemed to create some
scattered demand in the late morning, and
there were rallies of 3 or 4 points from
the lowest after midday, Minimum tem
peratures at a good many stations in
Arkansas, Mississippi, Texas and Oklahoma
were down In the fifties or lower in some
few Instances, and while many local trad
ers seemed to feel that such temperatures
if not continued would hardly do any
damage, there was evidently an expression
In somo quarters that they would check the
development of tha plant,
The receipts of cotton at the ports Mr
the day wero estimated at 12,000 bales,
compared with 14,590 bales last week, 2263
bales last year and 5518 bales in 19 u.
9g?l u m- 2,n. P-ra.
March
Aunut
juir ....
October .
December
January ,
Eld.
Tea, clou.
....as.su
, 12,90
p. 91
13. IS
13,22
12.65
12.80
"H i
It im l:U
Liverpool Cotton
LIVPRPQOU June a A fair business
was done In spot cotton today at an ad
vance pf $ points on the basis of MDd for
mid-upland. Sales were 80,09 bales. In
cluding 8Q00 bales American. Tho Imports
were IQQ0 bales, all American. The, market
for futures closed easy at a, net decline of
HLtkmib&i&k
Sales in Philadelphia
Ulan. Low
100 Am neei soaar
Itwy, pref. 98
3.1 Am
10 J O Brill . ... 87
91 f-m frnn .... 45
8(10. Che. A Ohio., GH
183.rr.lfO Btorrmo,,. ezYt
BOO Clen A.plmlt . ,. 84.
100 In. Co N Am... 2i
103 Key Tel Co,... IB
IIS Lake sup Corp, 10
si Lehlh Nav ... 70.,
110 I.fhUh Valley.. 83tt
13 MIn-hlll ,,,,., 57
r North Penna.., 93
604 Penn Trnfne... BSH
4(1 Ia H!el tircf., US.
160 I'hlla Co . .... 40V
is iio cum prer, ii
418 I'hlla Vice .... 21)
i i-niin irao , n.
1200 Itendtnir ....... 10IIH 1
10 do Ud pfd,... 4T
OH
nil
Ml
34
25K
14f
1KB fln Ilvrv :
8840 Tonopah llel
GO TonODAh Attn
010 Union Trao . ...
211 V Q I
2820 U 8. Steel,,...,
iMwurtn,,,
10 Warwick I A B.
ivu v jer w M,
60 Cramp A Bon..,
s TorK llwjr ,,,,,
M
14
UONDS.
$2000 AmO A H Os.i'lfe
8000 Am rtwra Da.. 100,
8000 Eleo & I Tr 4s, 80Vi
1000 Kqult 111 O Ba.100
4000 Key. Tel 1st ft. US
2000 L V ann 0a ..187
2000 L V cona 4W
. 2003 I00
1000 do Drex ret. 1UOH
.800 Nat Prop 4-0. 0.1
(1000 Pa Co Oon 4W,lnlT4
0UOO Pa Co lit 6. .101
7600 Phlla Eleo ... 84
ouoo Tork Itr l.t Ga os'.i
Local Bid and Asked
DnMwin ..,,,
. do prf ,,,
Duff A Sua t o ....
do prof
Ilrlll J a
Cam Hteel
i;ico stor ,,,
Ucn Asp ,.,,,.,, i .
do prof
Key.tono Telephone
do t o
do pref
I.ako.Sup Corp ...
Lehigh Navigation
Lehlnh Valley ....
Lehigh Vnllejr Tran
do Bret
Penna
Phlla Klfdrlc ....
Phlla Co
do A p a pr ,,,,
do O p a pr
Phlla Itllo
Itendlnir
Tonopah llelmont
Tonopah Mining
Union Trao . , .
tr a i
U a Kteel :... R4
York ltwy lajj
do pfd as
Wm Cramp t c 81
Today To.terrtay
IIM. A.keil. Did. Aakeil.
111
BUVi SU?i 1
.lcill'i 11DW lliDMi
. no 62 4i) ni
. 68 00 6H (10
. 3)1 41) 37.. 40
. R1J4 81 , 1V ....
. nsu i-)Ji n or.Ji
. 34 34(4 31!. 34
, 704 71W 70S 7lii
, 14 16 Hi 16
, 14i 16 14t 36
, OS 01). , OH., 811
, i)'4 in K)4 1DJ4
, 76X 7(lS 76J4 7(1
, 80 80S S-'Ji S3
, 21i 2J 2l aijl
41 4.l'4 43 484
, 6Hi 68 H 6H r.HJi
, 20(4 20'. 21) ',4 21) 4
, 40 41 41) 41
.IS It!) 3H nil
41 !i 41 l
106 !i 106 H
W-1U 4 4 U-ltl
i) 7-io Wi. n?i
44 41 46
88H HSH 88H
UI7L Cl((I u.('
; 14.. 13i 14 .
3iu uii nnvi
8S'i 83 80
41H 41 Ji
18V4 H
101 '. IDItt
:::::
44i
Financial Briefs
Tho Listing Commlttco of tho Now Tork
Curb Market Association has ruled that
Juno 12 shall bo tho date of delivery of
temporary certificates In settlement of
when as and If Issued contracts In tho
common nnd tlrst preferred shares of. tho
Acme Tea Company. Tho New York transfer
agont Is tho Guaranty Trust Company and
the registrar, the Chaso National Bank.
Tho Now Tork Stock Exchange Clearing
IIoubo announces thnt stock of tho Chandler
Motor Car Company will bo added to tho
list of stocks to bo cleared beginning with
tonight's sheet.
Gross earnings of 165 railroads for April,
according to a report Issued by tho Inter
state Commerco Commission today were
1273,983,748 and expenses, J1S5, 1GD.7C3. The
net revenues were (88,014,016 In comparison
to 04,054,023, for April 1915.
Tho Goldflcld Consolidated Mines Com
pany's estimated production for tho month
of May In total tons mined la about 32,400
gross; extraction, (214,500; operating ex
pense, $102,000. Net realization, (52,500.
The Gasoline Corporation has purchased
55 additional new tank cars from the Amer
ican Car and Foundry Company, and tho
German-American Car Company Is negotiat
ing for 50.
The New Tork Subtreasury gained (284,
000 from tho banks on Wednesday, making
a cnuh net gan sinco Friday of (3,737,000.
Fire losses In tho United States nnd Can
ada during May aggregated (15,973,500, na
compared with 11,388,450 during the samo
month of last year.
William Post has been elected vice presi
dent of tho Central National Bank, and
William Y. Conrad cashier. Mr. Post before
his promotion was cashier of the bank and
Mr. Conrad assistant cashier.
English Bank Statement
LONDON, June 8. The weekly statement
of the Bank of England follows: Total
reserve, 44,530,000, Increase, 1,201,000;
circulation. 35,484,000, increase, 90,000;
bullion, 61,570,000, Increase, 1,356,000;
other securities, 63,601,000, decrease, 9,
051,000; other deposits, 82,386,000, de
crease, 471,000; public deposits, 50,300,000,
decrease, 3,234,000; Government securities,
42.187,000, Increase, 4,000,000. Tho pro
portion of the bank's reserve to liabilities
Is now 33.59 per cent., against 31.70 per
cent, last week and compares with an ad
vanco from 20U per cent, to 20?i per cent,
in this week last year. Tho clearings
through the London banks for the week
were 1296,980,000. against 280,370,000,
last week and 231.525,000 In this week last
year.
Champion Copper Pays Big Dividend
BOSTON, June 8. The Champion Cop
per Company has declared a dividend of
(6.40 a share, making (55.20 since January
21, 1916, when payments were resumed fol
lowing suspension from October 15, 1913.
Dividend disbursements are equally dls
trlbuted between Copper Range Company
and St. Mary's Mineral Land Company, as
owners of 50,000 shares each.
"Will Pay United Motors Prollt
NEW YORK. June 8, -Domlnlck and
Domlnlck, as syndicate managers of the
United Motors Corporation stock under
writing, will send out checks tonight to
participants of the underwriting syndicate.
The amount that Is being distributed as
profit on the transaction is a little more
than (2.000,000, or about 7 points on the
amount mot withdrawn by participants.
About 120,000 shares were withdrawn now,
showing a profit to tho subscriber of over
20 points on the basis of current market
quotations, considerably larger than the
amount reallied by those remaining in the
syndicate. N
Vessels Admitted to Registry
WASHINGTON, June 8. A bulletin Is,
sued by the Bureau of Navigation Indicates
that the number of forelgn-bullt vessels ad.
routed to American registry under the act
of August 18, 1H, since June 30 last. Is
36, and the gross tonnage 98.056. Since
the enactment of the law 184 forelgn-bullt
vessels have been admitted, with a gross
tonnage of 628,035.
Qulta as General Motors Director
NEW YORK, June 8, Emory W. Clark
has resigned as a director of the General
Motors Company. This is the third resig.
nation from th board within the last fort
night, the other two being James J. Starrow.
of Lea. Itigglnson & Co., and Albert Strauss,
of J. W. Sellgraan & Co,
Standard Copper Futures Decline
NEW YORK. June 8. Private cables
from London quote Standard copper spot
at l4f unchanged, and futures at. 119.
lit, m decline of 6s. Electrolytic Is un
changed, at 142.
French lank Gains Gold
PARIS. June. The weekly statement
of the 3ank of i'ranw shows an Increase of
E.Oll.OOO francs in, sold Ahd a decrease of
iHlltfl0a franc Jn uJlvoA
SWTPMF.NTS OF HARD COAL SMALLER
IN MAY; LARGER FOR FIVE M0N4&S
A
Philadelphia Electric Stock Again Most Active on Lfocal
Exchange, Equaling High Price on Many. Humors.
Price Movements Irregular in Other Issues
pany being taken o by a new holdlMs
company, which would operate undef J
Pennsylvania charter, nnd that tho preset
4 nnd 5 per cent, bonds would bo retired .
with a new Issue to take their plnco.
It was also said that thoro was a do.l
blllty that n special dividend of maT
Bharo would bo declared, which would uv,
caro of nn assessment of tho feame amount
making tho stock full paid. Tho hext me"i
Ing of the company's directors will be 0
Juno 27, and the Street generally looks tat
Borne development at that time. ' 1
Prlco movements clsewhcro In the ni -wero
Irregular. Reading was one of thaJ
strong Issues, responding to nn upward lii!i'
in Wnll Street. Lohlgh Navigation m(wlT
up a fraction, as did Philadelphia RaBia 8
Transit trust certificates. -Philadelphia Conu
pany, on tno otner nnnu, lost a fraction on h
Bmall sales. Lehigh Valley gained a good. J
bizcu iracuon. c
Sudden activity In Electrlo Storage Bai. 1
(Arv nltrnnfarl Antl.rt In 41... ...-"(1..l
session, tho prlco ndvnnclng 1 point from '
tho day's low and ns compared with thi ''
nnai ot yesteruay. j, u. ilrlll lost 1 point
ttfhllA T.nlrn Rllnn.ln. .nln.,1 1.t. "
" ... uij.ut,u. c..u II HUH,
Shipments of anthraclto coal during tho
month of May reached tho total of 6,B47,99
tons, which Is a decrease of 407,060 tons,
ns compared with tho sftmo, month of last
year, according to figures compiled by tho
Anthracite Bureau ot Information.
Tha shipments for tho first five months
of the year, however, wero greater than
during tho same period of 1D15, reaching a
total of 27,784,690 tons, compared with ZB,
860,381, nn increase of 915,309 tons. Stocks
of coat on hand nt tidewater shipping porta
nt tho end of May wero' 401,946, an n
creaso of 40,613 tons, ns compared with
the end of April of this year.
On tho Philadelphia Stock Exchange to
day Philadelphia Electrlo stock was ngaln
tho most active selling up a quarter beforo
tho end of tho first hour, equaling tho
highest prlco lt has over sold, which was
reached In thq trading yesterday. Later Itl
tho day the gain was lost.
While thero wero several rumors poms
tho rounds In the Street to account for tho
Btrength In tho stock, thcro was nothing
authoritative, offlclals of the company not
having nnythlng to say,
Thcro wob talk again heard of the com-
"r
F'S?
En
tifr
WW";
UIG GAIN IN DEPOSITS
OP JEIISEV INSTITDTIONS
Total on May 1 ?11,017,782 Abovo
March 7
TRENTON, N. J.. Juno 8. New Jersoy's
financial Institutions, under tho supervision
of tho State Department of Ranking nnd In
nurnnco, from March 7 to Mny 1 show a net
gain In deposits of (11,017,782.90. Goorgo
M. La Monte, State Commissioner of Bank
ing nnd Insuranco, today Issued his quar
tcrly Btatcmcnt, showing tho condition of tho
104 trust companies, 24 State banks and 25
savings Institutions of tho Stnto.
Tho total resources of tho banks Is $500,
4CS.3S1.41, a net gain of (12,452,634,87 over
the last Btatcmenf of March 7, when tho
resources wero (488,012,726,54.
Tho total deposits nro (420,824,052.44,
compared with (409,806,809.48 on March 7.
Tho surplus funds of tho banks havo in
creased In tho samo period from (28,467,
080.03 to (28,664,309,01, a net gain of
$197,228,98.
Tho condition of tho 104 trust companies
on Mny 1 follows: Resources, 1330,559,
582.66; deposits, (267,785,050.70; surplus,
$16,903,720.11.
Tho report nhowB tho condition of the
State banks as follows: Resources, (26,
246,991.48; deposits, (20,024,388.09; surplus,
(1,681,251.68.
Tho savings banks report follows: Re
sources, (144,659,757.27 deposits, $133,015,
213.66; surplus, $10,119,337.22.
NEW YORK COFFEE MARKET
NEW YORK, Juno 8. Thoro was a
steadier tono in the coffco market at the
opening this morning, with prices showing
a decline of 1 point to an advnnca of 3
points. Sales on tho call wero 1500 bags.
Tho market was quiet and cosier after the
opening, with continued selling by tired longs.
Increasing crop receipts and larger crop
estimates aro making tholr Influence felt
and the demand early In tho morning was
light with prices declining a couplo of
points after tho opening.
Today's Yesterday's
opening. c1ob.
June ; T.IINMH.Ol
July 8.0008.10 8.0.-,K.OO
August H.1UM8.14
Heptcmber 820 8.20SJ8.21
October 8.2308.28 a.sean.21
November 8.31 8. 32
December 8.87 fMOMS.t!
January '8.37 8.408.tl
February 8.40 ft.448.4S
April 8.n.-S s.ssgot
May 8.00I8.03 8.57000
Did.
FOREIGN EXCHANGE
NEW YORK, Juno 8. Tho market for
foreign exchange In the first hour of busi
ness today was dull, without any Important
change. Tho single exception was a Blfght
ly firmer tendency In Russian exchange,
which was partly attributed to the war
news. Sterling held at the recession In
rates which took place late Wednesday.
Otherwise the market was featureless.
Quotations wore: Demand sterling,
4.75 11-16, cables, 4,76 7-16; franc cables,
5.00, checks, B.91; retchsmarks,
76 3.1670W; llro cables, 6.38, checks,
6.39; Swiss cables, 6.23J4. checks, 6.21; Vi
enna. 13.20Qil3.25; Stockholm, 30.3530.50;
pesetas, 20.35020.42; guilders, 41 9-16S
41 11-16; rubles, 30.05 30.70.
RATES FOR MONEY
Call
New York Hi W4
imiladelphla S 3M
lloaton 8 W 4
Chicago 35404 4
Commercial paper, three to six months,
delphta, etiSV, per cent.
Time
, rmia.
BANK CLEARINGS
Bank clearings today compared with corre
sponding day last two years:
101(1. 10IB. 1914.
Philadelphia 42,L'I7.20S (20.StS.2I0 124.833.834
lloaton 32,068.104 i'3.U83.lll)t 22.8181404
New York,.02O,U03.182 272, 0411,044 801 180 838
BAR SILVER
Commercial bar .aliver In New York was
Quoted today at 60 c.. a decline of He.
liar aliver In London was quoted at 31Hd..
a decline of 3-1 Od.
W Our
June Investment
List
describes a number of choice
issues of Railroad, Public Utility
and Industrial Investments.
X copy will st urnUani
en rttvett,
Edward B.Smith & Co
EnuiniD 1992,
BANKERS
Urmiirt Ifiut Yorh and PMIadjJjMa
Stock fxcaanou
Hit CauTNUT Stiht. PururnjHU
10 PlMl BTIXCT Nitt To.r
WANTED
PHILA. UNDERLYING
PASS. RWY- STOCKS
MELLOS1 & PETRY
Member. N, X, & FrOla, BUck Knhantc,
830 COSIJmiCIAt, IBOSt' HUIUJINQ
Earnett Oil & Gas G.
IJOUOUT SOl n afTA-ram
Wr or lixcial circular No, ,
E, Hi CLARKE
,7 WuiSTST- 8r,Vk a,,'
'RtAziER&Ga
INVESTMENT BANKERS
Bruji and Sansom gut,
vir-i.
LOCAL MINING STOCKS
TONOPAH BTOCKS.
Jim putier Pnk
MncNnmara , 0'i
Midway ......,..;;;;; m
Mlzpah Extension j
Montana , ,... u ......... ,. .vi
Northern Btar i?
Tonopah llelmont 4U
Tonopah Hxtcnilon , (is,.
Tonopah .Mining o'.i
Itpucue Eula , ft
Aatai
Wet End
Aflnntn
HI-JO Hull
Booth
llulliloi
COD
Combination Fraction
Dlamondneld DII
Daisy
Florence
QOI.DFIEI.D BTOCKS.
.11
.02
.10
.01
.03
,0S
.03
04
5
I??.,
itsb
7M
EZTt
r5i
Ooldnel.l Consolidated !(iS
jumbo Extenalon hh
Kewanaa , ii
Oro K
Bandatorm Kcnnccott OS
Silver rick 03
.01
.01
I'.ll
lit
M
MISCELLANEOUS.
Fairy Azteo
Klmberly .,
Nevada IIIII
Nevada Wonder
j
LIVE STOCK QUOTATIONS
la nM 4i
' Mlied-nnd butch.
ju.aown.o3: a
pita.
CIIICAOO. June 8. HOOS Receipts.
ucnu, iii'imfi iuu.uc manor,
era. 1900 0,1: Rood heavy.
heavy, 03O0.B0! light. J8.O0WO.40
7.838.7S: bulk. 10.255n.4n.
CATTLE receipts, 85.000 head: marktt
atrona. Hooves. SS. 10010.10: cows and belter.
I4.205JO.4O, atockers and feeders. 0 83O8S0i
Texans. J7.6O0D.4O; calves. todll.Bo; '
SHEEP Itccelpts. 0000 head: market stronr
Natives and Western. I58; lambs, lio.tolf
NEW YORK BUTTER AND EGGS iM
TPAV VnntT Tun. D TIITT1-T-T, ..,.. . . . &4B
Seneral market held steady. Receipts. 11 033
uotntlona unchansed. '
Kaas Trado quiet and market lenerallr
easier, althoueh the range ot values was without
quotable chanae.
New Oil Company Organized i
PITTSDURGH, Juno 8. Local capital. 1
ists havo organized tho Tropical OH Com-
pany, capitalized at S50.000.000. to taba v'
over and develop 3,000,000 ncrcs In Colom-
bin. South America, on which oil seepage! fi
novo Deen locateu. operations will be eon
ducted on a largo scale.
'UVB-
m&
rdln
I
tOc
Olle.
tt
(HiDSl
wm
W. 5lf
d.
HID. Wl
8
310; rr
DIVIDENDS DECLARED
Cluett. Peabody & Co., remilar quarterly of i
1 per cent, on preferred stock, payable Jnly
1 lA atnv tt aBshv-4 TtanA 1fi
Qlrard Trust. Co., rejrula'r quarterly ot a
per cent., payablo July 1 to stock of rccora
Montsomery Ward lc Co.. regular quarterly
ablo July 1 to stock ot record June 20.
Amerlcnn Agricultural Chemical, regular quar
terly ot 1M per cent, on the preferred stock and
1 per cent, on the common, payablo July 13 ,
to stock of record Juno 10.
Union Carbide Company, regular quarterly
of 2 per cent, on the common stock; payabla
July 1 to stock of record June 20.
A maflftfl ft A rrplAftlrtltnl iham I An t fAvwtvt a w
Ainilnf nliorlAplv nt t IX nan stan An 1V0 n&- S"3
ferrcd nnd of 1 per cent, on tho common stock. (HI
payablo July IS to holders ot record June 10. m
uangor and Aroostook Ilallroad Company. 1
per cent., payable July 1 to holders of recoraj
4i
A
Stronger
Investments
The wonderful prosperity of the
United States has so increased
the earning capacity and the
assets of many of the companies
whose securities we recommend
for investment that, while these
securities can still be purchased
to yield a most attractive return,
they are intrinsically stronger
today than they ever have been
beore.
For example, we Invite requeats
for Circular No. L-177. which
deacrlbra a strong; first mortgage
bond yielding over Ave per cent.,
tax free In l'enna.
A. B. Leach & Co.
Investment Securities
115 South Fourth Street
Philadelphia
New Tork Chicago Buffalo
Ho?ton London, Eng. Baltimore
'.J
ELKINS, MORRIS & CO.
BANKERS
Land Title Building
Philadelphia
High Grade
Pennsylvania Tax Free
'Railroad Bonds
Equipments
and
Public Utility Bonds
MEMBERS
NEW VOKK AND l'lIILAnELrillA
STOCK EXCHANGES
r
WEST DOME
The vetn n the ehat has widened out
to four feet and U running steadily
at MQ a ton average. It is estimated
that West Dome has in sight over
ftJQOJoo 0 ore.
ROBERT E. KEMERER
Member Standard Stock Exchange.
Toronto.
Lombard SMS ' ".. ""jj jj5j
2?nf?fJl 8Jrt. Now Tork
108 Bay Street. Toronto
DIRECT PRIVATE WIRES TO
NEW YORK AND TORONTO
Lt
INVEST IN MORTGAGES
AT 5.4
Recommended by
BEN T. WELCH
13ZS Cheatnut St.
UIHKCTOHV on ACCOPyTANTS
CarllaeJ Pu'bila AouataBU .
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