EVENING LEBtfEH-PHILADELPHIA, FRIDAY, JUNlil 9, 1&16.
10
all
r7 FlJNAJNfJlAJU JNEWS
IfecULATIVE INTERESTS IN STREET
I DISCOUNT DEVELOPMENTS AT CHICAGO
W ft i ' ' ' '' '" ' ' '
W Tfiis Elemeilt Takes it for Granted That There Will Be No
EL- gplit Irregular Price Movements Follow Show of
Strength in Morning
Hiah Points in Today's Financial News
N$u yrk banks lost $11,763,000 oit inovtment of currency in week
Additional gold to the amount of $8,500,000 came in froni Canada. Boston
Wharf Company increased dividend, as did Bdngor and Aroostook, Extra divi
dind dtclaredt by United Verde Copper, WorUiington Pump paid initial
ciiarterlv dividend on class "A" preferred. Price of bar silver dropped in Ncu
Vnrk and London. Two subsidiary ship companies of Cambria Steel sold
bonds Philadelphia exports and imports larger in May.
W ' 4 NEW YORK, June 9.
S' The stock market was ncipou 10 a great extent oy the tendency of the spec-
....ii.. interest to discount developments nt tho Chicago convention. It was
i'tiken for granted by this element that when tho balloting la over harmony will
M Zi. maintained and that thero wll bo no split ticket, leaving tho contest for the
residency between two leading candidates. (
Er This Is the condition that Wall street has desired an a necessity for a con-
fc tlnued bull movement. Thcso traders and commission house clients were urgent
K'fcuyers or siock ni ii vv'"" " uiiuubn m i-uny iiireiiuun, nnu at tne
sV . ...I, fnvmAil nnnln worn nntlt',i. Im lftiltt.1 OtnU. Cln.t ..,..
tatne timo rcccimj '""" .......i. ... u-.i:U ui ci imon una
Is, American Beet Sugar. Tho .lost named stock moved up to nbovo 84, making
L . jiiirh record, and manV of tho railroad stocks In the early tradlncr reenrdod
Advances of 1 to 2 points, tho upward movemont tielng made easy because of the
leant ouppiy oi bwm.
This display of strength, howovor, ended before midday and prlco movements
E in the afternoon were Irregular, with frequent declines resulting from efforts
W' to realUe profits on early purchases. Thero was a special movement In United
! mates Smelting and Refining, which rose moro than 1 point to 80H In anticipation
h th declaration of an extra dividend.
i During the late trading Wall street generally devoted moro attention to
y ' watching for developments at tho Chicago convention than to stock market affairs.
W On the boara room muui biuubk mm kapikobbu in uio cnoice ior mo neaa ot the
", ticket falling to Theodore Koosevelt, and many brokers wcro offering wagers at
odds that no win ncau wiu iwiwu Auuy imu nircaciy, nowever, committed them
Kf elves' as heavily to the long side of the market ns they cared to "go In discounting
W thli result.
Ann
Boston Wharf Company Pays Bigger Dividend
BOSTON, Juno 9. Directors of tho Boston Wharf Company have declared a
K'(mlannual dividend of $2.50 a share, payable Juno 30 to stockholders of record
If; June, 14. This Is an Increase In the annual rate from & per cent, to 5 per ctmt.,
t.-iemlannual payments or -jz.zo oeing paici since June, 1912.
, i .
l Ttnnpnr and Aroostook Inrrrnsrs nividon.l
EK BOSTON. June 0. Bangor-dnd Aroostook has again Increased Its semiannual
ij "dividend. Directors have declared 2 per cent., payable July 1 to stock of record
, J Juno 30. This compares witn similar payment last summor, but In January of
to"? .-.,.. .Ale r.M.1 101K ihn rnnrl natri finlv 1 nor rnn f. .. ...it, i .1
If food gain, running $40,000 to $50,000, or 15 to 18 per cent, ahead of corresponding
1)15 month.
S2.ROO.000 More Gold Arrives Frnm rnniiJr,
5&. ttEW YORK, June 9. Gold to tho amount of $2,500,000 has been 'received
flrora Canada and deposited at tho Assay Ofllco for tho account of J. P. Morgan &
ICO. This brings the total on tho present movemont thus far up to $41,'596,000.
United Verdo Conner Pavs Second Eilm n;,;,i,t
i nAnm. t.. n t.i. rTnuA irn.on ,-..... -, ....
Buaiui juiic a. two ui.ii.tu .emu supper company jg today paying an
' extra dividend of 75 cents a. share, n Juno 1 the company paid the eleventh con-
jecutlvo monthly dividend of 75 cents a share. Tho extra dividend Is the nnrnnrt
.;L. extra this year.
f' " ' I:U1 nl'vlrlnnJ fnr 1r(f.i :j n
"""' .iuv.. . iiuiuiiuKiuii rump
vtv vrmw. .Tiine 9. The Worthlnctnn Pnmn rwrmir... .j.. j .
f '"" ----- -- "K""j iuuuy ueL-iarea an
' ImUIqI miflrtaph- rllvlnftnrl nf 1 As npr I'nnt. nil tUn nlnoa ",l'i .. i -. . . .
luiua.,.., -.. , .o ..v ijn-icrrcu SIOCK. THIS IS
i the reorganization of tho International Steam Pump Company. There 13 $53,345,000
1 of the class "A" Worthlngton preferred stock outstanding, which is entitled to 7
per cent, a year.
FIRMNESS AT LIVERPOOL
HELPS, COTTON IX NEW YORK
prices Advance and tho Tone Holds
Steady After Slight Decline
NEW YORK, June 9. A fair response
Lta the firmness In Llvcrnool was made
Ja'thls morning on the Cotton Exchange, and
ritne nrst tone was firm at an advance or
jl to 9 points. Liverpool purchased July
jana' October and sold March, while ono
prominent operator and commission house
:itlso bmiirht.
If A demand was In the market for local
ripot Interests also. Tfie selling was. Bcat-
, j5u, wiui me Bouin aim ono iuuui upr
tor conspicuous. After the call the market
i eased somewhat and prices reacted v.3 to 4
: yuuiu, dui mo tone nem quite Bieauy.
." Tradlnff tanered after the close of Llver-
ispool and the market was quiet after 11
'le'clock, with nrlcea about 4 (o G noltita
SjMt higher. Theae figures reflected reactions
lief some 3 to 1 points from the Initial
;prtces. 1 .
The market showed no feature -of Im-
&Grtancfl during thA iviMIa nf th. iLv
IjlJdlnj: was very quiet and prices fluctu
lea within a range of 2 or 3 points, active
..iwnuu noming about 5 to 6 points net
hither.
rca'day's
cloia. Open.
.,. 18.21 lS.38
... lS.flS 12.77
... 12.82 12.01
... 12.09 13.04
... 13.08 13.11
... 12.T0 12.87
11:00
a, m.
12;0O 2;00
m. p. m.
..... 12.73 12.72
12.87 12.88 '12,811
13.03 ,13.03 13.02
13.10 13.10 13.0V
'rch
t'l ....
VOctobtr .
5pmber
WAttllarv
fAuiutt ,
'Bid.
Liverpool Cotor?
XIVERPnnr. Tim. a anfrVAinn in.i..,
L WAS In ftlAllAI-flflk An.nH n.. 1 Hntn.a lm..AH
fjw the basis of s.42d for mid-uplands. The
tvi ""sreBatea 7000 bales, Inc udlng 5000
Bv.i "vaii. ine unpens 'were auvu
g.arKet for futures closed barely steady at
. - -.. ucviuie oistt points.
New York Bond Sales
l2i
?irH?. ,Adam. Uxpresa 4s .
.""J; Amer Col oil fls....
37??KH Anelo-Preijch 5 . . .
1 HH Am Tel dt 4.:..
10UO Armour Co 4 lis...!
215UO Atchlnon gen is ' ...
23UU0 Atchison OV 4a
nUflll Alrhlinn ir Jo 1lni tut
luiiflo Ualt & Ohio 3Ha.. . ujii
1U000 Halt & Ohio cv 4Ws 5
nooo Ualt Ohio Swn 3a Ul
2400U Halt & Ohio Sa ..100M
WO eth Steel rfd So. ...I018
B0UO U C Q cen 4a boS
pwi Can Oov r.a w 1 luiti.ioo,
21)000 Can Oov Ss w 1 113I.101?
JjJUOO Can Oov Sa w 1 lU21.10o!5
111)00 Cent Leather 1st 53..102S
2500 Chill Copper 7a 127!?
4000 Ches & Ohio cv 4W.. Ht
1000 Chi & Eaet III ct 4a., 20
1000 do Sa 8BK
1000 Chi Nwn uen An onU
B00O Chl 11 & Cjyolnt 4a ... 08
1000 Chi iUaiMlil 1025 01
Dlt.
. 02 Vi
.108
.102H
. 73V4
LOCAL MINING STOCKS
TONOPAH BTOCK8;
.. .. uia.
E'-fiSiv. ,...,.1.00
imra ..,., !...;. ,07
"4 1
.25
J-.I"
N''rn Eitenelon
DV" ..,.. d
Allied.
1,02
OB
.2T
JMOMh Beimont ..'"". jl?
t End
n.q
.16
.01
SI
:S4S
.43
.03
.10
.80
.11
,05
;05
.03
.28
.18
ay.
B'rt
.40
.12
.01
:o2
.00
.00
.OS
,0a
.46
.05
.11
.01
:J?
.07
.09
O'.j
.45
01
. aOLD?IBI.D STOCKS.
WSr&A": "
G.l "' IM ... . . . . . .
IjenS,;?';" t--
f OTiWtoa Prictfon 'III' ''"A
HT:"" mttaaion
teS''V :.:.;::.:
UlarKT.T.iMvniTa
sTiL rl -...... 01
pili"Hiii ?;
NW YORK COFFEE BIARKET
L Ui wun b to marltet
ItJiB.l" y hls mornlns, with first
Mridh,; l.w ?enes flf 3 to 8 points.
! mo toS: V8 w m Ba,es on
btW.!B?..',entn the coffee market
IWwsw juTii , motterat9 ctlv!ty. with con-
iVtht mT J. "".""erea sources waq
Biat S weaker MM ond'tull re
K ; larger crop estimate,
PkwSL?2' m"k wa8 "tot an4 un-
l -.,-.. p gg. Jg,. g No
.or Ttedar
vnW
.03
.01
.10
2.00
Aer
9T IEI
... i"j8,25
1.55
WK.
S o 44
e
8tH
riiirii
S.30WS 31
S.S48.iS
f.ft.4Q
&4St,4a
mm
.'O0U do -uen 4a
0000 'do div 4a
80000 do cv 8a
18500 dp cr Ml
0000 ColrInduatrlal Ba..
(1000 Col Midland 4a
20000 Detroit United 44 a. 82
5000 Erlo conv 4a Ser &.... 75M
1000 prior 4a 8514
2.1000 conv 4a Ser D w I.. HH
20000 Gen Ulec.deb Sa 104$T
6000 Great Nor let , D8V
8000 ICC&StLNO 5a .lOlW
1000 111 Cent 4a 1953 8Sti
10000 Intern Met 4Wa 74
00000 Interb It T ref Ba,... 88H
80000 lnt Mer JIar ct 4Vi..104S
1000 Japaneae lat 4Mb .., 841
iiooo do new a B 44... 82M
1000 Lacka Steel Ga 10.1O..'. ITJl!
0000 I, V of N V con 4V4B.10OV?
4000. Ine Island rfd 4a... 88
7000 I.oula & Naih 4a,.... 95
3000 Minn SlPBH M 4a., 02
2000 Mo I'ac cona lis 10tU
1000 Nat Juba Aa ,.,...,101
74000 NY b t II 0a..,.114
1000 do 3i. H'.'S
1B000 do 4a 01M
1000 ,do 4V4 ..'...,...., 824i
1000 N' V City 4H 'B5 .,10811
3000 N Y O 4 W lit 4 .. 82
113000 S Y Tel gen 4Ha ,, BaM
2iuou N Y ltwy gen (Hi
2000 Norf & Weat 4 ..
3000 Nor Pao prior 4a .
25000 Nor Paa sen 8 ,
25000 Nor Tac res: 4a ..
Td000 PaclHo Tel 6a ....
2000 Pa sen ct,4Ha ,.
6000 do en 4Via .....
2000 lUp Ir fc 8 Ba . ,
iuuii nocK laiana ria -is, faa
8000 do Ba ,....,....,. 07
2000 8t I,-1 Jl A 8 4a ,,. 81
S8000 St It H V Sn ct .. U
1000 da ct ata 4a , . , . . 75
76000 do In v I ...... 51U
63000 do adJ w 1 , .... 84U
136000 do A w 1 .,.,,, v TOK
2000 do w t .,.,:;..' 17
8000 San A A P lat 4a. 68 ,
2000 Bt L Swn 2d 4a ... 4114.
5000 do con 4a ........ 84
14000 Seaboard A t, adi Ba 07H
10000 Bouth Bell Ba 100U
28000 Bouth Pao cv 4a ... 88H
140000 do cv Ba .,,...,,1041
D4UUU OO riU 4M . ,
18000 South Hwy sen
.'OOO Routh Ilwv con
3000 Tenn Copper ret fl pd.ljO
Low,
844
117
8f
m
804
100
101J,
1004
'""it
20
h:,
1134
084
044
hu
107
734
8-ii
754
854
82
1084
H2
Olg
1001m
tois
1034
iioiZ
, 90S
J 4a..; 71K
1 Ba...l0lg
I fl ml. 110
1000 Tex A Pao lat Ba.,,. 97.,
2Q00 Tex Co cv 10451
1000 Third Ave ref 4s xfI
!ifl
5000 Third Ava adl Sa
16000 Toftlo Sa ....,
JooS Tol 8t U & IV 4a.
1000 Utah Power Ba ..
77000 U H Steel ef Ba...
S8000 uasiuiKt..
7000 Union Pc 1st 4s,
20OO Va Jttry Sa ,.
1000 Wabash 1st Sa. .
2000 Wabash 2d 8 ...
2000 Weat Md lat 4a ..
B00O Weat Unl9n H
., 08K
55.
.054
103
'&
'
1)5
Close Underwriting List of New Motors
NEW YORK, June 9.-r3VIlam Salmon
& Co., acting- as syndicate managers, with
J. S. Bacho & Co- and Pomlnlck & Dom
fnlck, of New Vorlt, and Ilrd & Co of
Wiltnlnston. D- associated, have closed
tha underwritins; list for the. Class A com
mon stock of the new motors corporation
which 1b being organlied by John N. Willy
and associates. The Byndlcatf has been
heavily oversubscribed. Tha syndicate la,
now taking- subscriptions for the new. stock,
whe,n, as and If issued, at 60. per shr
ill a I I '" I"" 11
Spot Wheat Irregular In Liverpool
MYtJBPOOL, Jun 9. Spot whes.twajl
Irregular today wlh Woe stem quoted at'
lis idt a. decltae of f d. ; No. 1 Northern
Sprfn? Chjcaso 0. Id. of? !.; No. 8 hard
winter 10a. Id., aa advance -of Id. j Ko. 3
red winter JO 3d. drop of Jd. ; o. l
Notthrp MttjHeba, 10 i No. North
ern Manitoba, 10s. 7d, an upturn of $4., and
No. 8 Northern JlaaJtoba, 19. 44-. a taio
af Id. Corn vu easy atfd id. lower with
Amirican utisd and plat auow ai im.
yor WfS ttMteg4 M iU. Id. s
" ' ' ' .I... i i
New York Stock Sales
Hlfth.
0
22f
27)
83
BW
tow. Clow.
S
22H
20f
82X
83
fiO W
00)i 6W
iao
DO
i , . ...... . I'8' close,
Alaske 1 OoM Xt. ...... o
Alsks flold Mlhni...... 22M
Allls-Ch.tmbers Mf 20!
Allb-Cl Mle pf 83,J
Am BcetSujaf tt, 83U
Am Can B5?
Amcaf AFdy 6nu
Am cos rroducti ...... 101! 10,1
Am Cotton. Oil pf iooj oft
act moo trainer..,,, ioh
Am iiido; Lpr .,.,., am
Am Linseed ............. 2t4
Am Unseed pf ..,,.,.,,,, 4S)
Am Loromotlra. ,,,,,,,.. 7i)f
Am Malt Corp'n ,,.i,,,
Am Smelt k Kef ,,,.,., 971
Am Smelt pf A. ......... n:,j
.Am Steel Foundries..... unt
Am Sujar Itednlnc ,,,,,,111
Am Tel A Tel 120U 1211JJ 120!f 129)
Am Tobacco ,., .aojj 20,Tf wail 2ffH
Am Tob pf new ,107S 107JJ 107K 1073,
rtin nooien 4r,ij 47JJ 40 40S
'JmWop'cnrf.. ,. 08H O8J1 B8 B83.
Am riling P pf 21W 2oH 21 253
Am Zinc h A Sin 85!$ Sj BTAi 85JS
Ancon1aConM S-VS R4K 83J Wi
Atch Top A 8 F JCtftf 100 lOSJ, li)05f
itni ? PI........IUOJI 1UI 101 101
aii loan 1.1110....... ...no 115
Hatd Loco Wks gijjf upij
Ualt A Ohio ,....01)j 02)5
Ilalt A Ohio pf.. 70H 705j
Uclhlchem Steel 450 445
llrooUyti llap Tr 87H 87
tiutte & Subotlor U.1H nt
Cal Petroleum.,. 21) 21W
10
r2
21H
T
7H
07H
05
52'
lit
mi
21!
48H
7Uj
7H
07H
r.i
111
Mi
22H
27H
82 H
MM
65
mi
lot
OD
, Wl
B2
21H
48H
7I.
7)i
07M
03
2
111
115
NO
oir
70f
445
87!,
03
21W
Canadian Pacific 170Jj i78) 177
v-cnirai u-aincr , 1, ...... 5US 05
Chandler Motor 117jj no
07H
20H
mi
13
38
mt
117
cow
20if
53)5
37Jf
8,1'f
115
WK
02!f
70H
U
87H
D3H
21 H
177
65
118
07
oni
mi
13
38
1003f
130).
69
83)i
120W J20J5
10)5 20
Chcs A Ohio Cu'i
tnnc copper , 20;f
Chlno Copper 51
Chicago Great Weit 13
Chi Oreat West pf 3fl)f
Chl Mil A St raul 09) 100'i 100
Chl M A St V pf 130 13()) 1301(1
c c 0 a st ij 5sji ma as;,
uuusii,pi siH l
Chl A Northnestetn 120)f 130
Chl tl I A l'aa 1. 20!5 20)f
v-iutu i-ca w ibii 11 10 77
Col Fuel A Iron 43'f -ll'i 43JJ 41
Col A Southern nt 35)f 35 35;
Col A South 1st pf 59 00 50 00
Col A South 2d pf 48 5 55 5"i
Continental Can, lOOJi 101 100 101
Continental Ins 50 63 5S 5
Corn l'roclucts Kef 10), 10 18'f 10
Crurlblo Steel 81!f S7t, 81)4 87i
Crucible Steel pf 117)f 117Jf 117W 117H
BeeroACoipf OOH 02 011$ K!
Del Lack A West 230 237 237 237
Den A Illo Or pf 27 27Jj 27 27
Detroit Edison,..., i 135,'f 130!f 130J1 130)f
Distill Sec Corp'n 47)5 475 47tj 17)5
E'le ,. 30 30 30J 30Jf
Ktlolstpf ;.'. 54f 65 Aijr 65
Erlo2dpf 47 47 47 47
Fed Mln A Sm....i 10)f 17 17 17
Clen Chemical ,..320 315 315 3315,
General Electric...". 172 17-' 170 172
General Motors pf...... .115 114)5 112 112
Grcenc-Cananca 40)5 4G)i 40)5 40)5
Goodrich II F 775f 7fUj 78 7S
Great Northern pf 122 122)5 122 122
0 N cfs for oro prop. ...37)f .'i)5 ,'i
Guir Stales Steel R5 SO'f SO
Gulf Slates S 1st pf 09J5 100 ICO
Gulf States S 2d pf 88 80-5 ,v'7
Illinois Cent 107J5 10S5 U)7!i
ini Acncuiturai pi 61X fl) 40
IntHarvNJ t 1 IS 118 118
SOU
100
1U8)j
51
IIS
IntHarvNJ pf 1185f 110H HOW 1WJ5
lnt Con Cor v t c sh. .. . 18K 19
Jnt Con Corp'n pf .- 77 76)f
lnt Paper I2)j 12)5
lnt Taper pf 58 59)5
Insp Con Cop J5 45)5
lnt Nickel v t cfs 45)5 45!f
lnt M M c of dep 25) 20)5
lnt M M pf c of dp 07)5 97)5
Jewel Tea 85 85
JoTiclTeapf 107)5 107J5
lSJf
75'
12Ji
58
45)5
45)5
25Jf
H55X
85
1835
70
12)5
iOSf
15'i"
45'f
20)5
00)5
X
Kan City Southern 20 20)5
itayserJ 1st pt iil)f 117
Kelly Sprinz Tiro 74)5 7455
Kennccott Copper 53)f 6.')15
Lack Co E L & I 70 71 J
Lako Erlo A West 14 14
L high, Valley 83!f 83f
Leo Uubber Tire 53)f 54)5
Lone Island 35)5 3035
Louis A Nash 133)f 133
Maxwell Motors 1... 85U SO'
10735 10735
2H!f 20)5
Mai Motors lat pf 005i 89
Max Motors 2d pf 58)5 68)
Meilcan Petroleum 108)5 1081T
Minn St P & S S M ....123H 121)5
Miami Copper 35)5 35)f
Missouri Pacific 0 0)1
MoPactrcfs 1535 11
Montana Power 83)5 8-1)5
Nat Cloak A Suit 77 78)5
Nat Lead Co 00)5 0535
Nov Con Cop 18 18
New York Air llraka.... 132)5 133 132)4 133
NYNHAH OU' 0134 01)4 01)5
New York Central 106H" 107U 10035 100)5
NYChlAStL 42)5 42)5 42)5 4254
Norfolk A Western 135 130)f 135)4 135)5
Northern Pacific 115W 11535 11555 11555
Onla'rio Silver Mln 7)5 7)5 CI 034
racinc Aiau i))i 21)4
117
74)1
53
70
14
83)5
62)5
30
13254
85
88)4
67)f
iosj-s
iJ5
3554
0
li
84)4
77
0535
1734
117
74'f
5335
7154
14
83!f
52)4
30)4
133
80)i
8SJ4
67)4'
103!i
124H
35)4
OW
0
84)5
78)5
0535
1734
racluc Tel A Tel 33 3 1
Penn Itallroad 6834 5SU
Pitts Coal Co N J 27 23!(
Pitts Coal Co N J pf.... 10134 102
Pitts OO&StL 87U 8714
Pittsburgh Steel pf 07H 0754
rrcssea s car co.....ia.. 4735 4S)f
l'ressea su co pr
Pullman Co
Quicksilver pf
Ity Steel Sp Co...,
Ry Steel Sp Co' pf,
Ray Con Copper..
Heading
Iteadlne2d pf..,., 47)f
itepuDiic iron a a,.... 47
St L AS p w t
St L AS F2d pf...
St LouU Southwest. .
St L Southwest pf...
Sears Roe A Co 18151 183
Shat Arli Cop., 31!i 3155
Southern Paclfli..., 09 09)f
uouinern ity , 23JJ 24
Southern Ry pf ;.. 70 71
Studebaker Co ,,.,
Tenn Copper.,..,,
Teias Co.,, ,
Third Avenue...
Tobacco Prod pf
21)4
34
58)4
28
102
87
07)4
47!i
21)5
34
5835
28)'f
102
87
074
48jf
100)5 100)5 100)4 100)4
.10335 10335 103)5 10355
, 4 31, 335 3)5
. 40(4 47if 40)4 47
. OOH 08 93 OS
2235 22)4 2J)4 2235
104)4 105)1 101)5 10451
47 47 47
48 47)5 48
17 1035 17
OH
1034
0
18'f
43)4
20U
46)4
fl)f OW
10)4 203f
43i 45)4
183. 183
3135 31!i
0U34 99)4
2.U5 21
70)f 703 i
,140)4 Hl)5 Hl5 142)5
. 43 42)5 42)5 42)5
.1803 100 189 100
, 05 05U 05)5 05)5
.105 101 104 101
United Cigar Mores 98 08)5 D7'f U73i
United Cigar Spf.,,..., 118)4 110 HO HO
United Cigar Mfrs , 57)5 67 57 57
Union Pacific,...,.,,... '.138)5 130)5 13S34 138)4
Union Paclflopf.,,.,.,., 82)5 82J 82)1 82U
U a Ind Alcohol .., 15855 160 158)5 15935
U8CIP&F ,,..23)4" 21 21 21
United Fruit 107)5 108)4 100 lOOJi"
United Bys Inv Co 9)4 9)5 0)5 9)5
USItubBcr ,85)5 5535 55)5 55J4
U B Rubber 1st pf.,.,. .109)5 109)5 100)4 109)5
U B Steel Corp'n 84! 8Q5 8135 86)f
U S Steeel Corp'n pf,..,117Jf 117)5 11735 11731
UBSmRAM V. 79)5 S0)j 78'5 80)4
uiao uopper.,,..,
Utah Securities ..,,..,.
Va-Caro Chem .,,.,,.,,
Wabash ,
Wabash pf A n
Wabash pf B...r ,
WeU Fargo Eipr.,
West Union Tel...-.,,,,
Western Maryland
West E AM
Wheel A Lake Erie
Willys Overland
Willys Overland pf..,,.
Wisconsin Central,,.,,,
Wool voitbjrw., ,,,,.,
'uuotea ax aiviosno, 1
f
. 81J5 82 8154 81)4
. 16'j 17 10 17
,. 41)4 415 41)4 41)5
. 14)5 15 145 14)4
. 15035 5U5 50) 50)5
. 285X 29)4 StWt 285f
,,128 128 128 123
. U45" 04U W "Us
. 32)5 32U 3155 32U
. B05X 625 09)1 C235
.. 435 4f -Ui
.305 305 300 305
112K HO)- 110 H03f
. 30)4 43H 4U 4254
,.136)4 137)1 13631 137)4
Financial Briefs
The New Yqrk Subtreasury lost -t8.932.090
to the banks on Thirsday. reducing the cash
net gain since Friday to S65,000,
At 'the annual meeting of the Calumet
and Hecla Mining tjompany, Robert p.
Herrick was elected a director, succeeding
George A. Flapg; , -'
The Domljilon Steel Corporation had
gross earnings for the year ending March,
31 of 7,004,317. ngalnst J3,67J,05S in 1915.
and 11,44033 lb'lSlf Net earnings were
13.995,225 Ust, year against 3855.256 the
previous, year. .
C. it Ie,vyf Betural manager of the
Western PaciOa lUllway, h been elected
president of tho new operating company
whlcl will succeea the pr$ent company
ter foreclosure au reorganization.
Twelve of W" TOlUs of lh tiij-plate plant
lu epurse of rectiu at; gparrowf Point by
the Bethlehem St Cwnrtloi w'u
put la BHiratton Janojuy t, aqd 12 addi
tiosal abtt Jwlar $1
MANY MOTORS TAKE
SLIDES ON THE CURB
Remninttor of List S h o va
Strength and Oils Reach New
High Records
NEW YOflK, June 0. The Curb mar
ket wns divided Into sections In today's
trading. Tho motor siqeks as n group were
demoralised, with man)- of thoso Is.iuos,
which n week ngn hnd made violent ad'
Vnnces, helrig offered for sale In large
blocks nnd breaking just ns violently ns
they hnd advanced.
United Motors, on Inrge translations, fell
from 9i to 71 ai, compared with the high
of 94 n week ago! Chevrolet dropped from
S69 to 245; 1'erlmnn tlm, from 14S to
133 ; xmerlcan Motors, from 66 to 60, and
Motor Products, from 74 to 68 H. Whlto
Oak was also weak, dropping from 11 to 6,
The majority of the remainder of the list
showed a strong tone.
Atlantic Olllf nnd West Indies moved up
from 61 U to tho new high record of 53
nnd gains of around t point wcro mndo In
MliHulcV Sleel nnd Cuba Cane Sugar.
United Western "Oil rose from 1 to tho
new high record of 2'i nnd Other oil
stocks wcro In good demand nt fractional
advances Cauadlnn Xatilral Gns was un
usually active, selling at U4 nnd 1JJ.
iNtJUSTfllALS
Sales in Philadelphia
Hid. Akd
Acme Tra Bt M
AJax Hubber Tire ..., 08 HUH
Am Iirlt SIfg is ifl
Am Marconi a at,
American .Mntnra 112 (II
Atlantic Quit A W 1 MH M34
lo rref An nnw
Csnadlnn Cnr Co 117 71
Cnn t'nr A fdy prcf 8.1 x
Chevrolet Motors SS" L'.lt
(,'ubn Cnnx Sugar r7 .17)4
Curtla Acropliinn 48 n't
nrlstta-Senb 1S8 1.1.1
Emeraon I'honoirrapli IS. 13
Klemlah-I.vnn flVfi li
Oaaton Williams , til! 93
Haskell ll.irker Car S M
Hende .MtK 'J4 2'1
Inter Mer Mnrlna 2.1 27
do pref 1W,, H
Knthodlon Ilrcnzc pfd S0H 22
Maxim Munitions 7 ,7W
Mnnhnttan Trnna IH lH
Mldval" 8lccl "JU
Otl UleMitor no '(12
I'erlman Him 13"; 140,,.
l'cerle Motom 25 2ilV
Toole Knc 10",. Ho
Hlnclnlr Oil -J7) 48
H a Kreanc w I 11 ll.
Standard Motora 7J. 84
Mul.mnrlnc 117 Ji 08
Trlnnitle rilm Sti .?.,
tlnlted Motor l3..."?1
United rront Sharlnit -A""10 i
U 8 I. & 1 com 3V4 .J"i
. do prof ,55? 5"-i
While Slotors S7a4 . BJ
World Kllm 1 1H
STANDAllU Oil. STOCKS.
Illinois , . . tH l!2
own SVS -Vi
Prnlrlc I'lix" W -1"
O of Cullfornla 2IH 2!lo
O of New Jersey SIH 11211
8 O nf New York 207
OTHKIt Oil, STOCKS.
r'onden OU 21
Chnlmern Oil -1
Inter I'etrol 10j
llouaton OU lit
Midwest Iteflnln? 0.1
Hn pul pa ItctlnlnK 11',
MININO STOCKS.
Atlanta
Butter Copper & Ana
llutle N Y
Orro do I'aaco
Plrst National
(lolddcld Mereer
Ilccla Mining-
Ilowo Sound
Jim Ilutler ,
Jumbo Extenalon ,
Kenerlck Xlnc ,
MrKliiley-Darroeh ,
"Mngma Copper ,
Mlncn Co of America ,
Nlplsalne
San Toy
St Joseph Lead ,
West Knd Con
I10NDS.
Cerrn 0-
C I) l
Mlclvale Cs
2IU
8
11
18
07
UN
S3
4
10
37
44
it
4.15-10 5
Mi
. 08
. 80
. Kl
. 57
.'Oh
:lnv'
. in
. 1 ft-32
.l'a
. 00W
. Ul-4
av
ino
01
It
.111
1.1V4
'?
I.'.5
10W
l'i
5
Ol j
Net
.. . Itlah. 1.0W. ClQe. Chlte.
15 Alliance Inanr . 11H 17H 17B 4
no Am rieet siwar 83, 8H 8"S -I- 4
20 Amer Milling. . (k 9M OU
as Amer Ilwys pref H84 8H oS'i .....
800 Baldwin i.oco . . 00H ip04 004 M
40 J U Brill 37H 3(1 37H U
1 Cam Iron .... 45 4.1 45 ..,,.
10 Cam Steel ..... 85 85. 8.1 2.
280 rruclhM steel . 87 85i 87. 2J1
50 Dlst &e 47H 47H 47 3S
no Hiectric siorsss n.lH nm rijM
,4 Inn Co N Am.. !t Mil SB U
,10 Lake Sup Corp til, Jo jo 4- ',
i?8r?Snv"K,K:?:1HH1nW m tk
Pa sail Mfg. ..loo inn loo
"rt l'n Stet pfd... H 08 ns , ...
. no I'hiu co ...... tl. 4t 41
1785 t'hll Kleetrlc. Ml 28H 88
83.1 I' It T tr ctf 18S 18k is'i H
in I'hlla Traction. 77 ,77, 77 .....
57 Bending 10.1 HlK 101 H
-mi so nnilway ... 24 24 24 ...
13.1 Ton llel -t'u 4H ',, f n
HII Ton Mln ...... m 0S ,i
110 Un Trac 43 43. 435 lj
104 1.' n 1 ........ 88 88 88.
8(100 i' a steel ..... suit 8jti JO' lt
300 Wabash 15., 14J 14S 4
5 War Ir k St .. lS "S '.' . -
t Welmorel'd CI 7 07'-, flTJi !....
100 York By pr . . . 3iHi 3IH4 3V5
Tx dividend.
BONDS
Net
Itlah. Low. Clo'e. change
llooo Am (I 11 6s....JU .93i .P3Vt
loon Am ns 5 ..loo, loo. ino
Kion Con Tr N J.6a..l02, 102H 10'JJl .....
500 rity 4a 1041 o.. 102(4 102i 102U V,
3000 lllc Teo Tr 4 80 80 so
loon Ilaril lite s .lo-j 102 102J4 .....
1000 Inlerata Ilya 4. 57j! 57'4 HTM 4
4ooo Lh Nv cn 4t4a.lnaV Inst! 102Vt ti
toiio IA rn 414 200.1 10OV4 lnoH 10OV4 '4
1000 do Coal 5b cp 105 , 105 10.1
20110 do con lie. Teg HVH 110W lintl 4
mini no cp HI ,,,.110 11HJ4 lion ... .
I'OOii do Drex rcta loo loot, lno'i .....
50 Nnt Prop C l-flu 70 70 70 S
3000 I, V Tr 4 Mil lm 01 'i 2
81100 no lt 5' ...li)3f, Intt to:!.
2.1000 Pa Co sen 4'4 jol. totV 101 ta ... .
.loon ,ln tons IHs loi't 101i 8b . hrr
.mini ,io mna 41ia.lo.1ii ln.1'4 10314 ... .
3000 Pen l'aaa to la 82 82. 82 ... .
Mono Phlla Eleo 4a. 84 81. 83
2000 Heading gen 4a 0.1'; IMU IMU
ACME TEA SALES SHOW INCRBASB;
CAMBRIA SHIP COS. SELL BONDS;,
Call Money Rate in Philadelphia Advanced Half of One
Per Cent. Cambria Steel Advances Two Points
' on Sale of Ten Shares
The Acme Tea Company, Inc., reports
sales for tho period Mav 6 to Juno 3, In
clusive, of $1,042,785, nn Increase of $286,
603, or 21.04 tier cent, over tho correspond
ing period Inst year.
From January 1 to June 3 the totat sales
were $7,430,607, or 26.72 per cent over
the same period last year. The sales for
11 months ending Juno 3 amounted to $li,
306,814, nn Increase of G2.49 per ceht. over
the gross business for 11 months In 1914,
Announcement was made today that two
steamship companies, which nro controlled
by the Cambria Steel Company, hae sold
Issues of bonds to Drexcl & Co, They com
prise $1,300,000 Johnstown Steamship Com
pnny first mortgage G pe,r cent, serial (told
bonds, 1918-27, nnd $206,000 Heaver Steam
ship Company 6 per cent, serial Bold bonds,
1918-28. Tho price on enrh Issue waR par.
The Cambria Stoel Company owns fit) per
cent, of the capital etorU of each company
nnd has entered Into n carrying contract
with thoso companies for the transportation
of oro on tho 'Iront Lakes, for n pei loci ot
U years. The bonds tiro scented by mort
gage on tho steamships.
Local Bid and Asked
Todny
Hid Asked
lluft Sua t o. 51'i 53
do pfd to 58 00
.1 (J llrlll 37 40
Baldwin , HO'. 01
do pfd 10Vk ltl
'nmlirln Steel 83 8.1
Klectrlc Stornce 0,1 l!3Vj
Urliernl Aapllxit ..... 33i 31
..do Pfd 71 7114
Kojstnnn Tel 14". 14tJ
do tr ctfa IIS 14
do pref IIS (111
Lake Hup Corp- 10 10'4
Lehigh Nnv 7014 77
Lehlsh Vnl 834 Mi
Lehigh Vnl Tr 21 22
. do pref . . . 43 43Vj
Pennajlvnnla nsu 58H
I'hlla lllectrlo 2S' 20
I'hlla Co 10 41
do .1 per cent, pref. . .18 a'l
do.O per cent. nref.. 4114 42
PhllnMtnp Trnn t c. . . 18JS 184
104'- 1(14.
Ton Bel 44 4",a
OU mi
l'n Tract 43'4 I3S
I' 1 I 584 58S
tl 8 Steel Sll 8nii
York Hwy in, II
do pref SflH ,17
Wm Cramp-to 84. 83
lis dividend.
Yesterday
Bid Aaked
50
08
89U
lout
83'J
0.1 ',
34
TO4
14 '
H4
(11
-SI
,54
83
21.
43
58:
52
no
40
5"fi
345
71Vi
15
15
on
10
70S
8.1
12
13 43
S8J4 58J,
:'ll(. 211 J
411
38
4154
18
10IH
44
as
4i.
8N,
84
1.14
30
84
41
:io
4li
mi.
88 (I
84 Tl
14
3!4
85V3
NEW YORK BANKS LOSE CASH
NEW YOHIC, Juno 9. Tho reported
movement of currency this week Indicates
a loss in ensh by banks ot $12,703,000, fore
casting another large reduction In Clearing
House surplus. In splto nf tho gold Imports
there was a heavy drain thrqugh Subtreas
ury nnd Federal reserve banks. Tho -gain
by banks from the Interior was $995,000.
Gold Imports amounted to $14,345,000, from
Canada, while loss on Subtrcasury opera
tions proper was $12,150,000. During, the
week Federal reservo banks had debit ba
nnces nt- tho Clearing House amounting to
$5,708,000. Its credit balances totaled $21,
721,000, representing a loss by the banks of
$15,953,000. This makes net loss by banks
of $12,703,000.
v
LIVE STOCK QUOTATIONS
CHICAGO. Juna D. 1IOG-S Receipts. 10.000
hend. markets steady. Mixed nnd butchers.
1(100,53; good heavy. Jfl.35MU.55, rough heavy.
J'J.0.1l.3O: lluht. S.03atl.45: pigs. J7.85U8.75;
bulk. 30.2OQn.40.
UATTI.rc Itecelpta, 1O00 head: markets
atronir. lteeves. I8.254P 11.30, cowa nnd helfera.
Jl 2500.40: atockers and feedera, 10.85198.80;
Texans. J7.50BO.40i calves, infill. 50
SHKEP Itecelpta, 7000 head, markets strong.
Lamba, llO-GO!! 40.
NEW YORK BUTTER AND EGGS
NEW TOKK. Juno 0. nUTTKIl Very mod.
urate tradlne and an undertone of weakness
through tho market. Itecelpta, 17,388. quota,
tlona unchanged, ., . , . . .
KGOa Trade dull and market weak for all
frades obtainable In any conalderablo quantity,
tecelnta. 20.882. Uxlra 24W 620c. ; extra flrata.
23Va W24c.jnrats, 22W23c; white. 2027c,
browna. o
f2c. , mixed color, 23023c,
United Western Oil
Controls Over
13,000 Acres In Oil Lands
, 'Present monthly output of
nearly 10,000 barrels, new wells
being drilled on California
properties, active developments
on Wyoming holdings, and still
further promising oil acreage
tinder .option, explains the
Market advance on this stock.
Send for Circular No. 10
Carroll Felter & Co.
nussfmenf Securities
.74 -Broadway, New York
RAILROAD EARNINGS
ANN ArtllOR.
(Hilt. Increaae.
Fourth week May JH0.147 $18,218
Month 247.703 51.174
From July 1 2,447.105 324,2(11
CHICAGO UltEAT WIISTEHN.
Fourth week May .... J2SB.8(10 $1.1.70.1
Month 1.174. 088 8(1,557
From July 1 13,703,1138 1,03.1.404
ItIO nitANDK SOUTHKnN.
Fourth week May ....- $14,377 $1,830
Month 4U.nilt 1.X18
From July 1 . 511.784 3, His
GOVERNMENT BONDS
, Hid Aek.,1.
2a registered 1(130 imu ino
2s coupon 1030 .... 00ft 100
:a realatered 1018 lonw 102
3a coupon 1018 inn5 102
la registered 1025 110
4a coupon 1020 ltoU .,
I'minma 2a reglatered 103a p 02t
l'anama 2 reglatered 1038 noli . .
Panama 3s reglatered 11X11 lot
Panama 3s coupon , 101 ..
siiiiiiiiiisiiiiiiiiiiiEiiiiiiniiira
j The Promising Future J
m of Motor Stocks 1
I
19
a
a Tho prosperity lelng enjoyed or
a leading automobtls manuftctur
an If not only refleotod In greater
market activity for motor atocka,
out alio la actual and poiitblo In
creaied dlitrlbutlona ot profit! to
tockholderi. Thla moro partial-
Itrlr ipplloi to
Overland Chilmeri
Chindlcr Chevrolet
Studebiker Saxon
Maxwell . Peerlejt
mile Reo
a
rj Onr free Motor Stock Book,
anifyilnr DO aaourltloi, will bo
ant free upon raauait. Aik for
19 FL, Including booklet explaining
The Twenty. Payment Plan"
1 Spximf'&G m
VJ Iiweytment-airitle v S
(EitlMUhtd 180S)
40 Exchange Plice New York 3
SillllllllllSllllllllllllSiilillllllj
DIVIDENDS DECLARED
Tho AmTlrnii Iron nml .Slrel kiMnnufnrtiir.nit
Company, rRUlar uuarterly of IU Per t?nt. on
the prpforrri. utork, pnynMa July 1 t Miar-r-holrters
an of recuru June 10, nln usual quar
terly of IU. por cent, on th1 common atnrk to
bo pall July 1 to (thareholdera ns of record
Jurm -0
Northern Ontario I.Ipht nnd tMwfr Comninv,
reirular qunrtnrly, of l' per rent on nreferrpil
stork. panbl July 1- to stuck of r(ror(l July 1
Maitlmorp Tulw Company, 14 pfr cent, on
lioth th prcferrrii nnd common stocks, paynblo
July 1 to slock of record June L'O.
Kl-ctrlcftl Hecurltlot Corporation retular
quarterly of 1H pr cent, on th prpfprrca and
- pr cent, on the common stocks Preferred
dividend Is payable August 1 to Htnck of record
July ..2 and common Is pnyabl July I to stock
of record Juno '-'.
Itoynl IliiklnR Powdtr Company, regular quar
terly of IU per cent on Its preferred and of
'2 per cent on Its common stock, payablo Juna
30 to holders of record June If..
Arnold. Constable & Co usual quarterly of
l'i per cent, on thA preferred, nnd St on th
common stock, payablo July I to holder of
record June 1I.
Illinois Central tase1 I-lnes. semiannual of
1! per cent., payablo Julv I, bonks cloe June
12, reopen July .V , Declaration of the semi
annual dividend on IIIIunH Central's n stock
Is not duo until tho board meeting oif tho last
Wednesday In July.
Continental Zinc Company. $1 p-r share, pay
nble July 1 to slock of record Jun -(.
Kansas City Terminal Sells Notes
NKW YORK. June n. Tho Knnms City
Terminal Railway has sola $2,500,000 5
yenr Mj vox: cent, notes to Kcnn, Taylor &
Co. These notes will be secured by pledge
of first mortgage bonds at SO.
Twelve
Public Utility
Securities
Yielding- from 5 to 7
arc described briefly
in our latest invest
ment circular. Each
security was selected
as an attractive ex
ample of its type.
We invite requests
for this circular No.
398.
William P. Bonbriglit & Co., Inc.
Monnis WISTAIl STKOUJJ, Jr.
Men naffer
437 Chestnut St., Philadelphia
IioBton
New York
i,onuon
William I. UonbrlEhti & Co,
Ilrlrnlt
Paris
Ponhrlsnt & Ca
Sonus of (ha Philadelphia batiks have ad
vnnccd the rate on call money onft-bftif of
1 per cent, to 314 per cent Thl fs the
first chnnsft In the rat,e since October of
last yenr. The Increase Is hot general.
Stock trailing on the local Rxchanire to
day was on a Bmall scale. Rven I'hlla4el
hhla Klecfric whlcSh has been tho active
feature for the last several days, vras ln
ncthe, only about, 400 share3 changing hands
durlnir tho mornlnic, with Die price tin
changed from the close of yesterday.
Tho first sale of Brill was nt a loss ot a
point, but this was recovered before noon.
Kleclrlc Storage IJattery dropped a frao
lion, whllo "U1U0 Superior gained slightly,
as did Lehigh Valley, Tonopah Helmont
nnd Tonopah Mining. In the afternoon
Hrlll sold up n half. Ten shares of Cam
hrla HIpcI sold nt SS, Up 2. United States
Steel common was tho most active during
the day, advancing more than a point
Would ijou be interested in a
GVo Bond possessing that rfe
arcc of security expected only
in 4Vi or 5 Bonds?
Wc offer small blocks of two
G' First Mortgage Bond
issues of this exceptionally
high charnctcr.
(a) One issue maturca serially
from 1918 to 1939; the other
from 1917 to 192G.
(b) One issue is earning interest
charges live times over; tho
other has averaged three
limes Interest requirements
for many years.
(c) Both bonds hove behind them
ample equity for protection
of principal.
(d) Nature of issuing companies
is such that there is compara
tively no change in iucomo or
expenses from year to year.
(e) At prices quoted, these bonds
' return a full 6 income yield.
You will undoubtedly bo inter
ested in tllPSP sncllrliloa- nillm. no
an investment for new money or as
a pussioic exennnge ior securities
yiejding less than 6 "ft. Without any
obligation n olinnlil lilrn in ,il
you descriptive folders, together
wun itemized statements and other
statistics.
The Coupon beloiv la for your
convenience In replying.
Hodgdon, Cashman
& Company
INVllST.MKNT IIANKKKS
FINANCE BLDG.
Boston Philadelphia Rochester
Name
Address
-V-
PROVINCE OF
ONTARIO
5 Gold Bonds
Due June 1, 1926
Price 101 V4 and Interest
Circular on request
N.W.Halsey&Co.
riiUadelphla.
San Francisco
1431 Chestnut St..
New York Chicago
TRADESMEN!
JL i
The Morris Plan Helps Your Business Grow
Through the Morris Plan of Loans and Invest
ments you cnn carry complete stocks, make needed
Improvements In your store, etc., without tying up
your ready assets.
Business men's rates. "Repayment made easy.
State Banking supervision. Over $1,000,000 already
loaned uau nna tec us snow now we can neln
your business.
LOUIS J. KOhTi, Pre.
IIOWAIID U. 11EXRY, V. P.
R. LEO 1WNT, V. P. Treat.
The Morris Plan Company
of Phila.
1507 Arch Street
White Motors
' , Specisl circular on request
i
CHAS. D. BARNEY & CO.
t NEW YORK, 15 Broad St.
PHILADELPHIA! 122 S. Fourth St.
sriicur. MEETINGS.
JIANHEIM
xavwi rsmVaiBi4-iiiA.
THH
I A), IS AWkOl'IATlO.V
UUILDING AXU
UJT UEUM.VN-
.AspkUI nln: pi ib ttocimolders ol this
Aiiotlillon will bu bilJ at' tha Offlc. o( th,
Aaaoclatwa, nt tha Qttiwtt ccrnar ot CoulUr
n;- iJ' Urmantowa ,ae on Tburd4jr,, Jul,
10, 10U, M S p. bj 10 BtxordiDCa with riu.
lutloaioe M Bsr"l of Dlractoa. q lake action
on approval or 41aProvl el tha propoaad In
craaaa ol the eapltai atock of tbla AaaoclatlDU
hea 1l,iMu,Of0 io i.0u0 oo. T9"
WIlffirAM P. TPBVER. Solicitor. '
.ptooToaaf or AccoojfTjuijs
tVftliitJ liiltlla Accaoaiaata
iAtJ
WJU.I
iKCE E. llKOWN a: CO.
kjstatb tmiT uuu.
it-Diiia
WittlS. Si 3PJ3 hWAN
;CJ i3W4l
PURING the time
occupied in the
erection of our new
building at 1431-33
Chestnut Street the
Logan Trust Com
pany will occupy tem
porary quarters at the
southwest corner of
15th and Chestnut
Streets.
3ffB"::iP ill" ii ilNli
Logan Trutt Company of Philadelphia Building
About to Be Erected
PATRONS will find every department ready tq, ,
co-operate 'with promptness and courtesy.
Every convenience will be afforded for the proper ,
transaction of business. These temporary quarters
will be occupied on July 17.
Logan
Trust Comtmmr
. -a
Rowland Comly, Pres.
1
of Philadelphia
WiHiam-3rj(lwjty, Twas,
P