n-
EVENING LTDDGER-PHILADBLPHIA, SATOKPAY. JUNE 17, 101G.
-
FlNAK-CIAL 'NEWS
if-
DEMAND FOR STOCKS IS LACKING;
PEICES PALL ONE TO TWO POINTS
n "
Mexican Situation a Depressing Influence Assertions
Made in Street, However, Tlht Conditions leyori'd
Border Are Exaggerated
New ork Slock Sales
Net
High. Ioiv Clo. ehge.
Is 19 V,
20 20?i Y,
IV b V,
no di
101 104 -t-s
High Points in Today's Financial News
Average loans of tnctnljera of New York Clearing Mouse decreased $i0,'
SSlfiOO n week and adtuat fell $0,168,000, Average reserves increased
$21,554,540 and adlual exnandeA t61.Lfllt.finn. flteartnn thrminh the c.nuntru'a
Vaanka showed Increase of SO per cent. oVer corresponding week of last year.
treat renn rower aeciarea two extra dividends of 3 per cent, eaen on pre
ferpedi Great Lakes Transportation declared imtial dividend of 1 S-J, per
cent, on preferred. Dividend of 1-J4 of 1 per cent, on back dividends on pre'
erred declared by Crucible Steel in addition to regular 1 3-4 per cent,
quarterly. Total foreign loans now outstanding in United States $1,092,
950,000. Price of bar silver slightly higher in New York 'and London.
Gold to the amount of $4,000,000 deposited at New York Assay Office from
Canada.
Vi.
1
NEW YORK. Juno 17.
For the greater part of the last week tho stock mnrkct has been what the
traders called "stale,'" nnd It is Interred from this that the action and lack of
Interest were duo to uneasiness on tho part of bull leaders and Important finan
cial leaders over tho Mexican situation. y
All ktnds of reports about Intended steps of tho Administration have been
In circulation In tho Walt street district for two days, and these reports woro
used as reasons for putting out short lines of stocks by the trading element
generally. ,
This morning It was hard to find a bull elthor on tho floor of tho exchange
or In the commission house offices. Tho market was trlod out at tho start by
somo of tho traders who wanted (small lots of stock at concessions, and when
they found a lack of demnnu they Increased tho supply, and found It easy to
cause declines ranging from one to over two points.
Some liquidation resulted on this movement, but tho long stock sold came
from holders who had bought on pnlnta and tips when upward movomonts were
forced by pool manipulation. With these accounts closed out, and a now short
interest created,! tho market will not bo long in developing strength nnd again
moving urwnr4.
Already assortlons aro made th.it thoso who Are thoroughly versed on con
ditions in Mexico look upon reviews of tho situation there as exaggerated, and
they insist that thero is not tho nliehtest causo for any uneasiness, no mattor
What announcement may bo made by tho military leaders across tho border.
In today's trading thero was quiet buying of many stocks by tho investment
houses, and the small volume of transactions in such stocks as' St. Paul, United
States common and Union Pacific iravo further ovldenco that tho floating supply
. of theso Issues has been almost completely exhausted.
Two Extra Dividends on West Pcnn Traction's Preferred
j NEW YORK, June 17. Tho West Penn Traction has declared an extra
'dividend uf 3 per cent, on tho preferred Btock, payable August 16 to stock of
record August 1, and an extra dividend of 3 per cent, on tho proforred stock,
payable September 15 to stock of record September 1. These dividends completo
tho payment of all accumulated dividends on this issue.
Earnings of U. S. Railroads Greater in April
revenuo for last April amounted to $280,087,300, with total operating expenses
" today that tho 187 principal railroads of tho United States earned $390 net per
mllo during April, an Increase from $289 per mile during April, 1915. Tho total
revenuo for last April amounted to $280,987,308, with total operating expenses.
i8V,'jza,4US, leaving a net total Incsmo of $91,063,841.
Initial Dividend for Great Lakes Transit Corporation
BUFFALO, Juno 17. Tho Great Lakes Transit Corporation has declared an
initial quarterly dividend of 1? per rent, on tho preferred stock, payable on July 1,
to'stock of record Juno 20.
Stf-i-r...
L. S. Starrott Company Doubles Common Dividend
BOSTON, June 7. The L. S. Starrett Company declared tho regular semi
annual dividend of 3 per cent, on the preferred and a semiannual dividend of G
per cent, on the common, both payablo July 1 to stock of record Juno 20. Six
months ngo 3 per cent, was declared on the common.
Crucible Steel Company Declares Extra Dividend
PITTSBURGH, Juno 17. Crucible Steel Company ha3 declared tho regular
quarterly dividend of 1 per cent, on tho preferred stock and an extra dividend of
one-quarter of 1 per cent, to apply on back dividends on the preferred.
Another Big Gold Shipment From Canada
NEW YORK, June 17.-J. P. Morgan & "Co. havo deposltod in tho Assay
office $4,000,000 In gold bars received from Ottawa, making a total of $01,575 000
imported on tho present movement. ' '
LIQUIDATION CAUSES
DECLINE IN WHEAT
New Low Records Are Estab
lished for the 1916 Crop, With
Conditions Bearish
New York Bond Sales
'
WEATHER CONDITIONS
NKW YORK. June 17. Adalcea received
at the Wrath r Uureau thla morning indi
cate the following conditions:
Temperatures
High. Low.
Canadian Northwest. .. .Showcrr 0- S3
N"orthwet ,,,., Clear BO f0
Middle Weal ... , Ilalu M B
ppuinwft.J .......... ...Hear 71 Bl
Upper Mfaalaalppl Vat... Rain 6a BH
IS
The following precipitation (In Inches) van
norteds Mwlfi f'nrrnt nnit llMnrwd .n2t
Ilndoaa ,08i Devil' Lake, Chariea Cltjr and
Jjnvrtr Slim laalnnt Vol Kaln
Ohio Valley ., , ...Ilaln 02 B8
Keokuk '.Oil Jbivenport
Fnrt Wayne ,14 Toledi
Chattanooga, ,11.
,10 Dubaqne
i 1'eoria
,181
1U
CHICAGO. June 17. Fresh low records
for the 1916 crop were established In the
wheat market this morning- under contin
ued liquidation. July opened at 41.01 ',i to
$1.01, against J 1.01', J at the end yesterday,
and after selling at $l,0tH dropped to
11.00?;. September ranged at $1.03U to
$1.01 at the outset, against $1.03 at the
close yesterday. Qecember opened at
$1.97 to $1.06, against $1.07H. yester
day's last price. Conditions appeared to be
fully as bearish as at any time on the pres
ent decline.
The market at Liverpool was weak pn
. liberal offers and cheaper freight rates.
There was virtually no demand there.
The receipts at Minneapolis and Duluth
today were' 3.03 cars, against 216 cars ant
year; at Chicago 43 cars, compared with
3 cars a year ago; at Winnipeg 1893 cars,
against 35 cars last year.
Selling by commission houses, weakness
at Liverpool and larger country offers sent
corn off. Argentine freight rates were 10s.
tower at 140s. The receipts here today
were 33 cars.
Lad!ag futuree ranged aa follow;
Teadaya
Wheat r Open. Ulatj, law. CIo. cloea.
1SSL :.:::; i:8n:B8 ,:BTi:E$
"i&j-ii ML t i,o8
July 'THi TIM
Sent. JOH 1W,.
., lfi BIS
Oaf.
July
11000 Amer Air deb Bs.,
100300 Anglo-French Ba . . ,
10O00 Amer Smelt Seo 0a.
4000 Amer Tobao 4
4000 Armour Co 4tia .,,
Utah.
07H
OSS
10T
63!i
03K
(1.1
Low. Close.
07 07s.
"nnnn AtM.ni .n a
SOOOO Atchison cv 4a 1055 .105
. . . fr . -u ijiiid jsi 4a. u
1GOOO Halt & Ohio 3H
.'tuuu no (la
11)000 do 4a ., ,
3500 do cv 4 Ha ....
2BOOO Brook n T 5s 1018
83000 Can Oov 4s 1021 .
5000 do 1028 ;
2000 do 1031 .::
1000 Cat Oaa & ni Ba.'!
11000 Cent Pae 1st 4s
IOO00 Chill Copper 7a . . .
BS000 Chee 6 Ohio cv 4V4".
IOOO Ohl EA.t III
.LU1UUU U
4000 J
2000 do
25000 do
2000 do
flHOOII R It I A p rfiL4a..
ll-J'4
.101
. Ul
mi
0SK
107
S3V4
93'i
03
105
112
112 'i
loot
111
05 H-
nil '4
Kll i
D Q point it',','.'.'. UHH
M !8fl dlv 4i:... 014
do conva Ba lust!
do cv 4V4s I02i
do rid 4s iidij
l.2 u " rnuia.. , .--
10000 Cuban Cans Sugar 4a. in2H
SO00 Bis Becur Corp Bs 77i
100(1 Erie conv 4s Ser D... 811'i
05H
107
83H
.03
02
105
112
02 Ji
loo tl
HI
(1.-, ;
..ino. ooti 0U
.lull!
.101 U
. mil
'?
U8'I
II1H
10S?.
74 C, 7IT
1024 102ft
77i 771
BCIU
10 IH
3D
ll
57'
M)i
74H
08
io:ui
lot 'J
53
u-
129
85
Ml',
1001.
101 "
11 8 (4
Mlto
120
5'
Mij;
nit,
108K
10 1 W
an
103
57
80
-i'
u
8HU
huh
30
111.1
5754
.103 i
,101'i
Sn
1U31I
lui'I
K5'I
OJ
TO'i
,u
61
39,
DC
July ?77,,.. 13.80
Klbs
July .......13.03
Sept. ....,,13.15
Pork
July 53,70
Sept,, ..,,3.ao
1U4. fiaa4.
3Si
S0T4
3SH
3K
88H
88t
3
1.03U
1.01 a
T1K
70U
61 S
38H
39
00 1 2.(10
.B3
iJ.
m
83. 00
2i.ua
13.75 119.83
117.87
12.S5
12.D7
13.03 8,1T 11.10
13.10 tls.n 1 13.20
22.T 22.90 22.SJ
S.20 22.60 22. io
COPPER CONTINUES FIRM .
TraJo Interests Are Keeping- Close
Watch on Mexican Situation
KBW TORK Jlltt 17 Continued flrrn-tuis.-j
U shown in th copper metal market
1lHr te a. ellcht Increase fn. demand ttom
dwpMtlc consumers and foreign iniulrl3
rt tlU In th rnarket fpr fair amounts,
Mittf from the larga wdr9 expected to
-ca J shortly, Prleea are belu ftrcnly
Kel4 at pivKiously prevailing Isvelis.
Tr4e foteriem ftrw hiua more, atten
tion la, th Mlean sltuattop with; regard
m lu !att aetopron-4. Any advr
artttsR in W Blatter vomU be reilcotH ta
m- vsMtttmi tut In the rjpper purket,
it 1 attM fuWs beturfui UU country
MM Jto gnai Jhh4 wulct st-jp oi
tto4 at tmmr freto. thai productive;
.wtS n ltyi mjtfit unlitiiM&
. tW.tuf. ia.iiiti apmrt ta jsl vt
iHE '
1000 (ten VAtr jh r.a
3000 Ilud i Jfan In 5a..
1000 Indiana Steel 5a,.,,
5000 Iowa Cent ref 4a. .
5000 HI Cent rfd 4a ....
26O0O Interb Met 4V, .1 . .
140O0 Interb It T ref 5a..
looou. nt Mer Mar el 4 lis
.1000 Intern Paper Oa,.,,
a 8000 Lacka Steel Ca'idSo!! 02
tw uuriiBru tin
J0"J JJInn Un Us? lou louS loaS
JOgiJ Mf.x Pet Co Ua aer O.llo 11" 110
8000 Mil Oaa 4a., n.1 n.1 03
1000 Mo Kan It T let 4a,. 70'1 70(1 7I1U
1000 Ho Kan tc Tex 2d 4a , 48j 4K"J 48V4
8000 ilo Kan 4 Tex 4',4al: 45 45 45
looo Mo Kan Tex 8a..;, 72s; 72vi 72i
2000 Ho Kan & Tex cv Sail 48 48 48
2000 N Y Air HrakB cvt 0a.l02T4 II) "4 102
1000 K V C SI C 3ft s., 83 8.11 8.tfJ
10000 N Y C 4 Hud (la..!.. 1134 1I31? 113J,
OUUU fij
IIIOOO N
2(1000 N
Miuill 4i)I.. 4rl 4
ni: nl? ma?
, ai, B.i-4 na-4
..113J, US'? U3
4s mill 84'f Hlt
.. IKl't 1141 11.1
N Y C A Ilud con 4s S4'i
N Y C 4 II 4Ha..,. IKlH
N Y Cltv 4Ui lnA3:. 111744
tf.rtn kt .1... .It - .am. . no
"W'J . I Mlf lit! 4lll...,,,n
IOOO N Y C 4ft b Jla- 1057 l(i74 107J4 il)74
20OO0 NYC 4Va Nov 11)57. 17V 107H JojS
3000 NTOntl W 1st 4a . 82 82 82
HI7H 107H
jua lUr
2000 N Y Itwy ref 4a..
uuuu w r nwy aaj os..,.
SOOO N Y Tf gen 4V4s;.
IOOO NTWCsDflii
10000 Nort 4 West 4s. . . .
17000 Nor Pao prior 4s . .
3000 do gen 8a
2000 Ore Short I. ref 4s
1000 I'ac Coaat 1st Ss
1000 Pub Serv N J Os, .
iuuou ueaain? sen 4s
auou Kep 1 ft t 3s
4JUUU l I. t I r
380OO do Btr A '
BOOO do Bar 11 w I.
loooo do in w I sin
IIIOOO Seaboard A I. rfd 4s. 88
jimmj coutn ,'ao cv 4s 88tfc
00 ti
.ion;
1mil7
Tall
8
if1
Ssi
02S
08S
92
054
3s :, us
aja W K.1W
w I 7l',J
W 1 87
taoOO Hmith Pan rfii Am
14000 Bouth Itwy cun 5a..
830O0 Stand Qaa i Kleo 0a..looV4
4000 Tenn C r lull pd lififl
iyx' ipjm k rno ISt OS... VI
iuuu 'nira Ae ret 4a.,..
8000 do 1st Sa."
SOOO do ad Ba
ItWM) Tol Peo 4 f 4a..,
6000 U B Smlt It 6a...
1IHJO I! 8 llealty Bs
313000 I? S Sltel a f 5a...
8000 Union Pao 1st 4a . .
80Q0O do cv 4a
JQOO Va 8s Urowu Uros.
immti vi
82 U
107 M 1U7
70 70
84
Vin
7
on,
54
.'a Car C'hra da Jlui
in1 7aii
5,S'i 58V4
IlS'i II8W
75 7.-HI
03 HH
mi!. ofl'J
82a 824
P8H 88
02 02.
051 054i
vh nss
83iJ 83'5
71 71
87 87
5 h, B1U
7 W 88
88 88U
out, UOI
101). lOIJi
ifis,
07
h'J
18
!!'
iS"
71) lT
113 1I.H7,
7014 70 H
10tg 105
IOOO Va Him 5s.
IOOO Wabaab 1st 5a
11)00 Viat Jli 1st 4a. .
0000 West Shore rag 4a.
Total al. (1.757.000
vi . HT
as' 53H
IpoH lOuH
H US. UH4.
104U 1II4U KMVi
m ni
nt.
eompatrd
H.124.000 la.t Halurdajri this wee. S43,013.C0i
tut week, ll8.758.IW0. ,
, Financial Briefs I
i.! .11 ll .n.i .n... p..)ll4 m. lXi ,t , ..,.J
Robert J. Thorny, president of .Mont
ejarneiry Ward & Co., has been elected a
roewbeir of ba bo.arJ of drecton gt the
Cqrrt ISisehanse Nfttloatl Bank, Obicago.
. Tlte 9hlo Public Utility ComjnlMon haa
fratwt4 panalstvo. to thft ttrolt. Toledo
and Ii-ontoa Kiilroaa Company to? b1 at
net hisa than SS it SO 040 first mortgage.
50-year i5 per nt bood The proceeds
s-'lt te use4 I purchase mx locoraotlvea
m II ttnataxat cr. Toe forapany
4 aOTatfatea a syrpiM l 2I,0jW to.
fc mm i ptt "
Advanca Rumeiy. . is
Alnflka QOld Mines 21
Allla Chalmers,... 28
Alaska JUnenU.,,.
Amer B Suirar,,.. 0IV4
Am Brako Shoo t ciol
do prcf... tH n "4
Am Can.,... ad.4 Tfc Boy V.
Aln Car & Fdy.... 9J4 K04 BOW V4
Am Hide & h..., to 10 to
do pfd ........ S1H 11'. 4 II Vi
Am Ice ......... 30 20V4 30
Am Linseed ...,, 21 4 21 21
Am locomotive .. 72 11 71Vi
Am Smeltlns .,,, ta 00 00
do pfd A ,,,.i D4H 0394 P31i
Am Zinc ........ 52!4 at B2
do pref ....,,. :tW 71U 71
Am Steel Fdy ... Bl Bl Bl
Am Tel & Tel ,,.,130Va
34 M
,10.14 103
101
116V4
00
JJ
2
74
so V,
77
1094 111
Am Woolen ,,..,, 44ti
do pref . , 07
Annconda Cop .. Sin,i
Atcni8on .
do nref 101
At Coast Lino ...117
Baldwin Loco .... SS
Bait &. Ohio ..... W
do prcf 77
Bntoplliifl Mining.. 2
Burns Bros ...... 74
Brklyn Bap Tran, R0
Butto Ft Sunerlor. 7Di4
Canadian I'aclilc. .173)4 173?i
Chandler Motor ..11114
Central Leather.. 5IH
Chco & Ohio .... nij
Chill Copper .... 3114
Chlno Copper .... 32
Chic Grent W pf A 37
Chto Mil & St P.. 08
Cont Can 09
Chi B I & Vac... 21
Col Fuel & Iron.. 4314
Col & So 1st pfd.. 39
Comput Tab 4014
Corn Prod 20Vft
do pfd O?1)
Crticllilo Steel .... 81Vi
do pfd ........ 118
Domo Mines.. 27
Krlo .17n
do 1st prof..... B31A
do 2d prcf 43Vf.
Fed M & 3 prof. . . 307s
General Electrlo. ..171
Green Can Cop.... 40
Goodrich Co 70
Gt Northern pref. 121
Gt North Oro ctfs. 3714
Granby Consol 00i',
Gulf Stato Steel.. 8314
III Central 100
Int Aer Corn pfd. S3
Int Ilarv Crp N J. US
Interboro Con .... I8V1
Internt Pap pfd.. S7i
Inspiration Con .. 4914
Int Nickel 47V4
Int Mer Mar 20
do pfd 0016
Jo-wel Tea ssii
Kenne Cop Ki
IC C Ft S & M pref 73
Kan City So 20
J Kayser Co 03
Lacka Steel 71
Leh Vnl 82
Lako Erie &"Wcst 18 14
Long Island 38
Leo Rubber M
Loulsv & Nash... 1S1J4
Mnclcay Co 83
May Dent Store.. 01
Max Motors 8014
13014 1304
4t"H
0014
14
(
1
IK;
w
14
44 IV,
07 1
8414 14
103 1,
101
117 1
3814 1
00iJ4 W
77
2 M
74 14
8014 V,
7B!i 74.
17?i
LONDON MARKET
HALTS FOR DROP
AFTER ADVANCE
Higher Rales for Treasury
Bills Tend to Hold
Neutral Money
Sales in Philadelphia
20 Am
00
tfet
Ifleh. Low. Close, eh.
08 r"., ow ?
0 Am ten ... .. 20 21 20J4
0 Amtf ,llwys pM,l)S k8? .IIJJJ -!
5 UrIS lxo pfd. .li)3 IWH 10.JH 4
4 UufT ft Sua t e. BD 83 03 (,'
ri
!! r..nlhlA aia.l
ISO KItrlo Storaire 03
50 Krl ul5
40 on Aaphnlt pf. 7115
.i inter x'nppr.,,, li
n ins Co N Am. 1. 20
00 Kenne Cop. .... R'i
10 Kov Tel ( nf. nil
880 LaM Bun Corp. ltti
. .u
204
MM
MORE SIGNS OP, PEACE
B4 14
044 Y.
21V li
82 V,
37 il
0B
on
21 In
434
no 14
4014 14
20M,
0714 Mi
3394 1 14
118 1
20 U
37V, 14
0314
4Si 1
'39T4
10914 2
40 101
7014 74
12114 121M.
37V4 37M,
OOVi
85 Vi 2M,
103 1J4
81
114 1
Tsvi 14
87 n
1014 14
1714'
84 V4
04
21Vi
82
37
OR
09
20
43V4
8D
4014
20V4
05Vi
8214
118
20i
35 Yt
S3
4814
33
10014
40
70
0014
8514
103
01
114
IBVi
37
1014
45
23Vi
03
83
81
73
20
04V4
71
stVi
18Vj
37
31
133
83
04
H3T4
80
88
1
1
183 10374
43 J4
13314
114V4
714
38
87
4314
132
714
38
87
uo 1st pfd 8014
no 20 pfd 58
Mexican Pet 10114 102
Mo Ifnn & T pfd.. 1214 ist,
Miami Copper . . . 30 38T4
Missouri Pac t 0.. 0 0
Nat Lead 07 07
N Y- Air Brake... 137 13514
Nevada Con 1714 1714
. 1 .11 11 II... 024 82
. central ....10314
N Y C & St L 43
Norfolk & West.. 132
Nor Pac 114V4
Ont Silver 714
Pao Tel & Tel.... 38
Penna rt R 57
I'coplo's Gas 10114 10114 10114
i-iina uo 4o,4 401,4 4oj
ruusaij,,,, 83
P Lorlllard Co pfd. 1 ID
Pressed Steel Cor. 30 4
Pullman Co 184
Ray Cons 22154
Reading; 103
Rep Iron & S.t 47
do prcf
Quicksilver . . ,
do pref.
Seaboard Air Lino 10
do pref 38 38
St L & S Fran w 1 17 17
do 1st pref .... 7V4 714
Shat Copper 33 32
Southern Pacific. 08 0814
Southern Ry .... 2214 2214
do pref ., 00 0814
SluuebaKer 13014 13814 139
ao proi 110
Tennesseo Copper. 4414
Texas Co 188
do full paid . . . .188
20
. O.'.Tb
85
82
73
20
03
71
81
18V4
38
S1V4
134V4 ...
83 I
04 I
8014 14
80
88
102 2
1214
30
0 14
07 y,
13514 314
17V4 14
2V4 14
By FRANCIS W. HIRST
Special Cable to Evenlnff Ledger
LbNDON, Juno 17. Tho Btock market
Is dull and lifeless, pausing for 'a break
after p.n upward movement which, during;
tho last few weeks, has considerably raised
prices among gilt-edged securities of tho
Becond rank. Money nnd discount markets
have undergono n sharp change owing to
tho action of tho Bank of England. Higher
rates for Treasury bills should tend to keep
neutral money Hi London nnd assist In olt
nettlntr the nrlvernn trnda balance
Signs and rurnors of peaco multiply, but
our statesmen are marking time. ,
Tho Republican Convention and the nom
ination of Justice Hughes puzzles our press,
which misapprehends and misjudges Amer
ican politics,
There Is doubt whether tho Paris eco
nomic conference can Incubate tnrlffs. Even
the Australian Promlcr hn3 switched on to
tho blockade problem, finding his proposals
to wall round British freo markets liavo
nlarmcd French manufacturers and Paris
newspapers. It Is curious that British free
trade should find support In protectionist
Frinco.
Concerning peace, Earl Beauchamp writes
an Important letter suggesting that terms
should be compared with n view to prevent
ing another year's loss of llfo and treas
ure. Ho expresses the hopo that "terms
satisfactory both to ourselves and our Al
lies may after all bo arranged," and war's
attrition avoided.
83 ihieh Nut..
20 Ihlgh Vnllcr.. 82
u i.cn vai 'iran, 22
20 fjor Cent . , . , 80
214 Pohiw ... .;. Rai
8 Pa Salt, .Mftt,.l(ii)J'
oi. rnna iiec , ,, x:i
4 Phlla Trnft .. 17
00 neailinr ...... lo.iH
ino So Hallway .... 22H
IIUII
83
03;
31
12 ..
B2( H
Oil 1 1
11 .!
82 1
22 i.e.
Sll- W
58.
FOREIGN LOANS OUTSTANDING
NOW REACH A TOTAL OF 1
ffti
m
. 1 1 ,
Total Is Divided Between Fifteen Countries, Vmt
Jbeing Angio-rrencn 01 ouu,uuu,uuu Trading Q
on riuiaueipiuH. oluuu jxenange
Tonopah Ilcl
8 Union
ill u
U i'k My, -
h Del,... 4.4
Trnction. 43Hi
Oaa imp pn'f
et...... 83H
43U
?.
i
55H
4$
OJ . . .
07M ...
.'.'.
Inline
24(13 U 8 Stu
0 Weatmoreland O 07'.
. Total, biiIm, J5702 f inrra. rempnrfd Ith OO
flmrcs Inst Hntunlnj-i thla neck, 82,834 aliareal
Inst nttk, 08,023 share.
BONDS.
Net
04 lOOlt H
8i 084
) High. Low. Close, chnn&e
3oooParccoW.:!8!
2000 Pa rns 4 '48 r 09 08 ,
8000 1'hlla, Elee 4.: 83ji M 88 .....
100 Un Rya t c 4s.. 74H 7414 7414 V4
, Total sales, 37,IO0, romnareil with (31.000
lnt hnturdni tfili wrck. 310.748l last fek,
Local Bid and Asked '
NEW YORK BANK STATEMENT
Decreases Shown in Average and Act
ual Loans and Deposits
NEW YORK, Juno 17 Tho Now York
bank statement this week shows a decrease
of $46,981,000 In average loans and a drop
of J20, 155,000 In actual loans.
Averago reserves Increased $21,85 1,540
and tho actual jumped to $21. 108,4 40. De
mand deposits decreased In both statements.
Details follow!
AVERAGE CONDITION.
.Tllnv 17.
Loans, cto 43.321,703,000
Hpn In own vaults..
Itesene In Federal
Iiserv Itnnk . . .
Res. In other .epos.
Net (temaml depns..
Net tlrn deposits. . ,
Circulation
ABKrecnto reserve. .
Surplus reserio ...
423.082,1100
Increase.
4KI.08l.onn
10,303,000
I.oRna
lies. In own vnults. .
Iteerv 1" Federal
Rcaervo Rank . . .
Res In other tlepos.
Net demand deposits
Net tlmo deposits..
Circulation
AKcreirnto res're..
Surplus reserve. . . .
NON-MUMHUR
ir.o.oiii.nno l.mn.ooo
(10,188,001) 287.0111)
3,2117.432.11110 3.no:i,lliMI
177.41-1, IIOll 4,718.000
.11. nun, 11. 10 .111.000
lU2.2Kii.nnn 1 i.H'17 nun
80.00.1,840 21,334,310
ACTUAL CONDITION.
43.311 an nun 20 iti.nnn
431.207.000 10,053,000
Ruff A Bus t e 04
ill) pfd 38
.1 CI Ifrlil 30
Ilaldwln 884
do pfd 103
Cambria Steel 83
Illeo Storage ........ II314
Oen Asphalt 34
do pfd 71U
npy iei I4,
no 1 c
. no -pref ,
Lako Bud C
i.en rsRv , , ,
I.ch Vnller .
Irfh Vnl Tr
do pref
renns)lvnnla
lhla nicctrlc
1'hlla Co
rip 0 per c. prer. . .
Phlla R T t c.
itetLuinir
Corp
88
10'i
:::::: 1
43.
, r.7l
, 2014
, 40 '4
. 88
41 '4
J8.
102
Ton tlelmont 4?s
ion aim un
Union Traction 43
ti a i s
V a Steel S.'iti
York Itwy Mt
do prvf 37'4
Win Cramp t c 84
Today Yesterdav
nid Asked Rid Asked
Br, o n.T
110 08 ill)
38 80. 88
80 88?i BDU
108 .. 107W
83 83,, 8;
no 11314 nr.'i
8IJ1 34, S4Ji
711 71J4 7l4i
13 14j4 13
lr. ii"I ir
no os no.,
il. 11 nji
70U 7(1 7114
82 82 82'4
22H 22 224
4t 43 48
.1734 08 no't
204 21)t4 20H
41 40 41
SO 38 3!)
424 41 ; 4IS
mu is4 imj
10.1 103 14 103 S
4'4 44 4 7-10
OS n4 04 '
435 13 , 48f4
Kll'i sntl 8n
8.V4 R3H S3H
104 HI1 17
38 37H 37H
83 83 83
PHILADELPHIA
- MARKETS
loo.tr, 1,000
111.4118. Ill III
O.ZIIH. 340, 01)11
u.aH-.oii'i
31. 1120. 000
II33.IIIII. 111)11
1I3.I1S1.740
HANKS AND
7k
'i
w
hi
Hi
110
40
104
32 '6
8.1
110
40 114
104
23 M.
102 103 nj
40Vi 40 IK,
107 107 107
3 3 3 y,
Va 5VS O'j 1
18 10 1
3874 V.
17
7i H
32
03
23 V4
09
COMI'ANir.S
I.onns nnd Invest... 4721.073.000
Gold S'l.A.lo.lOO
cur. and bk. noteB.. !i.17!).30i(
Totnl deposlta .... 808 040.100
Decrease.
181,000
l..-NM(IMHI
3 1 43,0011
4,3.ll,llflll
ns.nuo
21. 122. 111111
2t.30S.4U)
TRUST
47.00'). lino
487.20(1
113, nun
S.42J.3IIU
ANOTHER GAIN IN CLEARINGS
Week's Total 50 Per Cent. Above Same
Period La'st Year
Iianlc clcarlnrfs throuehout the country
continue to show substantial Rains over cor
responding periods of lus year. Tho total
for this week. $4,790,138,003, Is nn Increase
of BO per cent, ijvor the same week of
last year. In tho matter of Increase Phila
delphia stood third. Details follow:
Cltv. mm. un-,. jc.
New York .42,44.",:tlt.pin 31.311.070.137 fit.K
Third Ave 04
TObacco Prod pfd. 102
United Cigar Strs. 00
Union Pac 137 Ji
U S Undl Alcohol. 137
United Fruit . . . . loo
L" S Ilubber ss
U S Steel 83V4
do pref us
U S Smelt 7a
do pref ..' SI76
Utah Cop 70V&
Utah Sec 181&
no pref looai mnsi
Wabash n ufa
do pref A 49H, 4!H
,T.'l0i,urtf 37?i 37
Weatlnghouse Eleo 01 00
West Maryland... 31 31
Woolworth 130 130V4
Wlllya-Overland .280 282
Total sales, 233.000 hares.
3,120.000 thureai Ut week, S.UM
110
43
18B
188
04 V,
lOSVi
03'j
137 V,
130
io2y,
34 if,
S3V(i
117
73
51
70
1BW
H
14
Yt
in,
1
2
1
1
v,
Y
Vi
111)
41
188
188
4T
102
OSVj
137 V
1S7
103'
B47& M,
HSW 54
"7
73 Vi
3176 ,6
70
IR7t V,
100
!m ,
40 K, Y,
37 W
0074 7i
31 Y,
13354 ,4
2821,4 3
Hoiton ... 180,7111.233
Philadelphia. 2ii4.110.ii31
Ilaltlraore . :is,7ni.ir,u
Chicago .. aai..-.ii;i.7ii
St. Louis . ,7.tilo..viil
N. Orleans. 20.013.0S0
Seven cities
3 days .. 3.303.430.030
Other cities
3 davs .. 723.413.241
Total all cit
ies . days 4.033.804.180
'V'.?..1. 702.274.463
Total all cit
ies for week 4.7D0.138.003
117.217.3ns r.i.2
132.11.12
21.3S.-i.43l
2.13.701.782 430.7
7,080..MU
1.I.U1D.117
3S.1I
n2.
2S.r,
31.3
33.8
28.9
2.123.700.737
001,013.203
2.087,741,003 30.1
003.714,038 40.8
3.100,438,013 30.0
compared
in ure
!0U tharei,
ltli
NEy YORK COFFEE MARKET
NEW YdniC, Juno 17 The coKeo mar-
nci uponeu steauy mis morning under buy
Inc by Wall street and drat prices were
unchanged to an advanca of'4 points. Trad
Ine was moderately active and on the call
sales were 4250 bags.
After the Btart tho market was oulet
with a little buying for a long turn by
Wall street and cotton exchange, houses
There was scattered selling by trade In
terests, but pressure to sill was pot hsavy
apd the early tradlns after the call became
inactive. The bulls think the decline has
tun Its course and that, after the almost
steady decline during tho last 0 days
coffee looks cheap and should reach higher
levels. The spot market continues dull
with Rio number 7 Quoted at 9U&
Local Reserve Bank Statement
Tho condition of the Federal Rsrye Rink
of rhllaihilphla at the close of business, June
10, compares as follows:
RESOURCES.
June 10. June 0.
Gold coin and certificates
in vault 48.870,237 40,024.330
Oold seltlement fund bal
ance 12.424,000 10,48.1.000
Gold redemption fund.... 00,000 30,00(1
Ial tender notes, all-
ver. etc 270.1SS 43.1.737
Total reserve 21,(120,33.1 2II,.',0.1,OS7
Commercial paper . 781.307 Rfll.rei.l
Uanli nrceptanees 10.010.0(13 0,033,971
Tntnt hllla discounted
and pousni .,..,. iu.r.u.j..wi
0,8.1.1,001
4,01)0,000
4,203,007
tT. S. bond .1,000.000
Municipal wurrants 2.780,037
Total Investments... 40.7811.037
Due. from other Federal
reserve hanks net. .. . 4.770.B33
Federal reserve notes on
hand .,:, 373,833
Notes of nutlonol hamis
and other Federal ro-
scrie banks 2.1.830
All other resources 0,81,3
Total resources..... 4 14.738.780 444.738.7U3
l,lAll!l.ll ila
Capital raid In ii'SIS r.v". !3.sin,oso
Heservi (iepoalta-rnet 33.lfln.252 33.730 820
09ernraent dpoa!ts 4,302.317 4,111,371
Due to other Federal re-
irie baiiKi net 1,077,013
All otrcr liabilities, 180 8,377
48,203,007
08,230
12,87.1
S.2I0
Jun . .,
July , . , .
Aueurt .
September
October ,,
November
December
January ,
February
March ' . ,
April ,..,
Mav
ruu.
Todav'i
opening.
..'8.13C
..S.'.'OS
.. 8.3.1$
..8.3J
..8.40
.. 8.30d
,,'.su
..S.OTfl
.. 8.078
" S.'ftf
Total ulea, 10.730 baita.
1MSi" lest May's
:Hll:5f kS--;
8,488.60 8.Sa2'R3
8.37W8.M kni&Xt
s.ilJSs.flj SflTgson
g.OlgB.dl 8:t45t.tS
NEW YORK BUTTER AND EQGS
NBW YORK. June IT. HUTTKH Eiceaalv.
luppty, Uaa speculatlva buylmr iJwtr anS
unajittUd market. Ralpt, IB 01 Kra iSu
9SiH..s,hUhr. atroos. 30 54 3eJ V' sKT.
lry. iSHdSSc.) Imitation cSSmeJy'. llS
t-GQS Somwhat tuusttlad, reported sale.
Wisconsin Power Asks to Issue Bonds
NBW TORS, June. 17 Tho Wisconsin
Pqwer, Wfht nd Ieat Company has ao
plled to tha Wisconsin Railroad Coramia
iilon. for authority, to Issue 2.497,goo bonds
and 606,400 flock to purchase and !
olldato a group of gas and eleetrlo prorj.
ertle? In, the central portion of th State.
DIVIDENDS DECLARED
. SS1'. .9sel llooo Company reeutar cm..
-.Ll1?.! ItoosUlon TreUfio, Vemn
mv& wmsu'm'ii i
Total liabilities 444,708,780 441,738,783
FOREIGN EXCHANGE
NEW YORK, Juno 17. Tho usual Satur
day sluggishness prevailed In the foreign
exchange market this morning, and thero
was consequently little feature. Relchs.
marks and A'lenpa kroner were easier and
on tha other hand rubles became firmer.
Quotations; Demand sterllrj, 4.75 13.16,
cables, 1.T6 Hi franc cables 6.01. checks,
5,01V'.: relchsmarks, 75 1,1.1607691; lire
cables, 6.3915. checks, e.40; Swiss cables,
B.25. checks. 6,25; Vienna, 13013.05;
Stockholm, 20.70(029.80; pesetas, 20.300"
20 40! guilders, 41 041 11-16; rubles,
30.SO30.85- '
GRAIN AND FLOUR
WHEAT; Receipts, 113.407 bush. There was
a further decline of 2c. In this market, due to
a llcht demand nnd Learlsh speculation In the
West. Quotations: Car lots. In export clevnlor
No. 2 red, spot and June, HHc.fi 51; No. 2 South
ern red. HOfcliSc. steamer No. 2 red. nn8li7c!
No. .1 red, li.lfili'c. , rejected A, 02W&4!ic. i
(ejected II, OllfliOc
CORN Receipts, 24 40.1 bushels. The market
was oulet but stead at tho lato advance. Quota
tions: Car lots Cor local trade, as to location
No. 2 ellow, S3(H,H4c. , steamer yellow. 82iy83c. ;
No. 3 jellow. M)W81c. : NO. 4 ollow, 77Hf78c. ;
coh. npp 70 His.. Hl(J?82n.
OATH Receipts, 18.(102 bushels. Trade was
oulet, hut values werp steadily held. Quota
tions: No. 2 white, 4747!4c.; slnndard wnlte,
4iifilflHr No. 3 white, 44H0l3'ic.i Nn. 4
white, 41012c: sample oita, 38 30V4c; purl
fled o.iIm. graded. 4l45l$c.
FLOUR Receipts, 244ft bbls. and 001.207
lbs. In sacks Demand was llabt and values
were lamely nominal. Following nro tho quo
tations, per 1IMI His. In wood: Winter, cieur,
$l.i.ll(i(-I.MI. do,. slralKht. 41.83!j)ri 13: do., pat
ent, S.1 CltPO ,10; Kansas, clear, cotton sacks.
Sl.c.nfr I :,, do., stralxht, cotton sacks. 44.0091)
.1.10; do., patent, cotton sacks 43.103.30;
sprlnc. tlrst clear, 4.0(B'.1.13i do., straight.
f.1 208,3.40i do, patent. 43.BHW3.7n:- favorite
brands, 4.1.00OH.2.1; city mills, choice and
fancy pttent, 4.1.0(1 jpd.2.1; city mills, regular
crades Winter, clear, 44 00 1.8(1; do.. BtralBht,
44.8303 1.1. do., patent, 4.1.2f,(u'5..-.0.
'live FI.OUR sold Blowly and showed no Im
portant chanso. We quota at 45&3.50 per bbl.,
as to quality.
PROVISIONS
Thft mnrket ruled firm, but Iherti wan llttl
tradlnpr Following nro the quotation: Ctty bf.
In Rpfs. nmnknrt nnr! nlr-tlrJod. MW. : Western beef.
Ill netn, mo!tl. Rc. : cits bef. knucl(1a and
trnflnrx. anioked nnd nlr-drled, J728c. J Weatprn
hrtdf kniirllfM nnd tfnilrn. HmnltAtl. tlKiv'JRc. :
Iwef ham. 8930, pork, family. IW.riiny
37..VI; hams. H I rurM. loose. lHPiaH c. ; do.,
sklnnAtl. loose, lRtJHlAc,i dn,, do., nmoked.
llllJiic : other hams, smoked, city curM, as
to brand and n.crnce, lRWc. ; hams, amnkrd.
Went pro cured. lSV&c.i do , boiled, bonleoa,
,13c; picnic 8honIder S. I tnirfd, loose lli'Af. ;
do., Hmokt'd. HVic. : bellies, In rlckle, ncconlhiK
to nvernee, looa, lftbc j brpokrast bucon, nn to
brand and aprnl!(?. city cured lv. j do.. Went
pro cured. lUiyiJOc : lard Western, refined,
tierces. 1-lHc ; da., do., tubs. llMic. ; do., pure
city, kettlo rendered, In tlercts, liVxc; do., do..
In tubs, 1414c.
REFINED SUGARS
Th market was quiet but stendy. Quota
tions: Uxtra Ona granulated. 7.0.1c. : powdered.
7.7.1c; confectioners' A. 7.73c: aoft erndes,
1I.0U 1I7.60C.
DAIRY PRODUCTS
HUTTER Ther little wholesale trndlnir
as usual on Saturday, but prlcea were well main
tained. Quotations follow: UVeturn. solid-packed
creamery, fancy specials. 82c; extra, ail W. 11c. ;
extra firsts. 211021114c.. flrBta 28828Wc; aec
nnds. 27W27'4c. . nenrby prints, fancy. 83c:
nealre. extra. 8IW32c; flrata. 2P")30c; sec
ond'!. 2727Hc ; Barllcky prints. 2027c. ; job
bins sales of fancy prints. ai,tt930c
KCOS Cliolco fresh ejira were In fair request
nnd Bteady with supplies well cleaned un Quo
tations: In free cases, nearby extras. 28c Der
Ioz. ; nearby firsts 47.0.1 per standard case:
nearby current receipts 40.KOnn.73; Weatorn
extras, 23c. per rtox : Western extra, firsts. 47.05
Iter case: OrstB. 4u.(.0Qj(t.00 por case; fancy b
ected candled fresh ecus were Jobbing- at 20 O
30c. per doi.
QHBESE -OfferlPBs wen llitht and the mar
ket ruled firm, with trade fair. Quotations:
New .York, full crenm. fancy. ln'.Sc: do., do,,
fair to good, l..H10c.: part aklma, On lie.
POULTRY
LIVE Th market ruled firm under llcht
offerings and a fair demand tar- d-siruble stock.
Quotations: Fowls, 20M21c: rooa'ers, 13('lHc.s
sprlnc chickens, nccgrdlns to nuallty. weighing
l2lli3. apiece. 21 wane: White Let-horns, ac.
cording to quality. 22H21c.i Clicks, aa to Blta
and quality, 14C3l0c.i plgrona old per pair.
S0'432o : do., youns. per pair. 22M2.1C.
DRESSKD The market was quiet but steady,
with omderale offer pes. I'nllowlnir are the
In view of the negotiations which ore
now belnp; carried on by bankers In thla
country for the purpose of arranging a lonn
of $100,000,000 for Frftnce and a credit
of $250,000,000 for Bngtand, It Is Interest
Inc ta recall tha number and amount of
foreign loan3 now otilatanMIng In the United
States. They reach the stupendous total
of 41,002,950,000. -
This Jargo amount Is divided up between
IB countries, tho largest amount, of course,
being tha $500,000,000 Anglo-French loan,
malting up approximately half of the total.
Tho Canadian Government has coma Into
tho American money market for $210,000,.
000, nnd on August 1 this amount will be
reduced when $26,000,000 of oncyear notes
mature. Theso will bo paid off from tho
proceeds of the $75,000,000 loan made last
March.
There Is much discussion with respect to
the proposed $100,000,000 loan to France,
details of which are expected- to bo an
nounced within the next 10 daj-B. The char
acter of this Important financing Is some
what different from that adopted In the case
of other foreign loans, In that a new com
pany Is to bo formed to hold the securities
loaned to the French Government, against
which tho American Corporation will ex
tend to tho French Government a banking
credit of $100,000,000, to be Used In placo
of exchange In making payments hero.
As tlmo goes on nnd tho war continues,
nnd oven after the end of the war, when
that comes, thero will be plenty of money
In tho United Staes with which to accom
modate foreign borrowers without In nny
way cutting down our own needs. Tho
country now has a very large trade balance,
tho Inrgest In Its history, and this Is con
stantly being added to; gold. In ndditlon,
Is flowing In from Cnnada; dividends nnd
Intccst on American securities, formerly
held abroad but which havo been sold here
and are now locked up In Btrong boxen,
and tho money which has been spent abroad
by tourists and which Is now staying In
the country because of the war, nil make
for n strong flnanclnl position.
A list of the foreign lo. ...
now outstanding In this count,, flSH
Anglo-rrench B-year K. en mt .. "Uoya
.!$I!i ."" iiienWioan. ' ' ,!$W
W..- ;? . -rnr onnK creel tS ...
CfJ"0,1? "Oiks commercial crediii '
Fren'cT...''8' f""lf
Caye,a'1ra'nsDmlnhn ""10"nd itf
"KuA r."1,",1 "n' municipal
Argentine 0 months 0 per 'eft
fcKeTt'.i?i;kf.,y,i;,"
I?An,t,n.1 2;yenr- discounts fTper-
. .,,.,, M-jiriM iuuu on IR4 nor
t rnt, bnln ,,,,,, ?
Ittijr 1-venr fli on 0 tier cent Vmi
(I VUW psnl . I.n !
-,' " a.n,o
uermanj' ,
..Pr cent,
Iorwnv 2
.per cent, dabis
ljcar IreAsury'nnfita'ft
! nhd a ear Os on A
-i;i V.CIIL. UUBIH , ,t. .
"reecp i,nnu rrodlts ....,,,,..;;:
rhlll. hank loan ....!!";!!:::?'
Sweden 2-j-enr 0s on 0 per cent
basis ... ,,!.,,. ,,,.,,,' ,1
Thlna banklnir loans ...,,,...;
rnnama serial r.s .....,..,.!;,;
Panama 12-year Os on 3.25 per
cent, bisls ........,,,,., v
nollvla bank loan .,,."
lftODj,.
.
8Ji
mviqiSi
im
Total hank loan
Estimated.
t.4I.093.tSti
nuslness on tho Philadelphia Steclrfg!
tiiaiiso iDuuy mia quiet, with little1 attS!
i.u.i uuiuitu m nny iBsuca. ijike Supei
niter a fractional gain, fell belaV 2f
night's closo. Tho general trend SSi
markot simply reflected the action of ffitl
Street, prlcea generally being sllghlfj
A four-point loss was sustained bTJaHS
win preferred, as compared with thj K?',
previous sale, which was during th liiS
party of May. One of the exceptions 2l
rthorn Central, which gained a halt
m,i
MANY STOCKS DECLINE
IN TRADING ON CURB
Weakening Not in Evidence,
Even in Stocks Showing
Biggest Losses
NEW YORK, June 17. Many stocks de
clined on the Broad 'Street Curb this morn
ing, but there was no evidence of weaken
ing, Mnny of tho traders had a good deal
to Bay about the Mexican situation, appar
ently taking their Inspiration from Stock
Kxchango sources.
Motor stocks were without a Arm demand
nnd wide. Fluctuations wero noted in those
issues. Chovrolct declining 6 points nnd
United Motors fnlllng off more than 2
points.
Atlantic, Gulf nnd West Indies moved
with tho rest of tho list, yielding 2 polntB
nfter n slight gain at the opening, nnd a
decline of ubout 1 point was recorded In
Mldvaio Steel. Tho oil stocks were qulot,
although thero was a fair Inquiry for Con
don and Oklahoma Issues.
Tho declines in leading speculative Is
sues did not create any uneasiness, as the
market had shown a wavering tendency
nfter upturns for somo time, nnd thero .was
a general feeling that a reaction to lower
levels was necessary before, trading could
show -Its old-time vigor.
INDUSTRIALS.
quniaurna; rrrsu-Kiiieu poumy, ury.pacKt),
Fnwla. 12 to pox. dry-pltked, fapcy selected.
22 Vic: weighing; 4HH. lb. anlece. 22e,: weigh.
Ing 4 lbs, apiece 32c. I welghlnc !IH lbs. nlece.
21c: weighing 3 lbs. apiece. 18TO20c: fowls.
Ice-packfd. in burrels. fyi
cm Indiana and Rllnotj,
ncv.
weijrmng
dry-plckcd.nortlu
Dhtn .1 IL. Mr. ll.
Wilt llfUiuiiH iw.b, ,",i4,41ja 7VVV I4J0,
apiece. 2 Hie: da., southern Indiana and Illinois,
weighing 4 lbs. apiece, 21c, smaller aires. 18t
2'Jo.; out roosjera. ury-picaen, inc.; Drouera. Jer
sey, fancy. 4KW43C.; do., other nearby, weighing
1H02 lbs. apiece. asWlOc , smaller sixes, 33 1
3'lc,; ducks nearby, spring, 1li20c.; iKiuaba,
Sier doa. .White, weighing ll12 Ilia, per aox
i4.nnO&i whtte. weighing 0Ul lbs, per doz.,
I3.104.BO; white, welehlnc B lbs, Mr doa,!
(8O3 40; do., do., 7 Iba. iwr dox , idAiiO..7.V
do. do.. (Io;a lbs. per dox.. 4J.732: dark.
41,3002; small and No. 2. inc. 0 41,10.
FRESH FRUITS
Th, general market was quiet and without
Important change. Quotatlona; Apn'ea. per hbl.
Wlntsrin. J3.r,(lOl: Ilaldwln. 4304: lien Pa,
iCjaOli. Apple, Western. pr tbo, I1J5W
LID, jUCmuua. jjcr b. fauiiui -J. i'lneu
Kw York ,
PhiladelfMa
Botoa .,...
Chicago
RATES FOR MONEY
Call. 'Time.
,,,.. JJ401 3. ft4
3 4 4U
...... S'.SOl 4 04
BANK CLEARINGS
Dank clearings todiy comnarad with wr..
snondlns day laat two yeara'
Philadelphia.!' V " " 1)17 S'O "7 itni us
Niw Y?"..JSS.007 237.440.000 200.408,702
No Wheat Off English Coast
LONPON. JUI1B lT- N' wheat cargoes
wero reported; off eoast this morning, but two
were waltlns orders. Other positions wera
weak. No corn cargoes wero. reported .off
coast snd none -was awaiting orders. Other
positions were weak. English, provincial
njaaKets wera weak.
RAItROAD EARNINGS
ATIANTA, plRillNOMAJl AND ATIANTIfJ.
in!,
.S'21
sag. i mi
c.
Ftrat weJ: Jua
from iwf I . ...-
First
l"raa
ANTA, PIRMINOMAJI AND A'.
1016.
we4t ivm .faS'iS?
I.737.BJ3
40.18B
22.T8$
Tho Columbia (Ohio) Cas and Electrlo
and subsidiary companies report net earn-
rineup
plea, l'orio tiico, per ratej ii.auvs. mack
berries. North Carolina, per jt., 810c. HvicUI.-
berrtes. North Carolina, per y(.
rlea. ueiawara ann oiaryianu,
do., do.
rarrier.
I 42W2.73. !antaloupea.
12D4:
do.. K
termeloni. Flflrl
12B 14e. I'har.
per lb.. SfiHn. :
Vachea. Florld.1. nr
Rrii'f' Pr " 4
lorlda, per cratn. 42.r0&3.23, Wt.
orlda, per. car. 4230 0)400.
per qt . 0Sc.
I2l2.ii) ; do.,
Rid. Asked.
Acme Tea 33 33 U
Aetna Uxploaives 1H'4 lHVi
AJax Ruhber Tire OS (19
Amerlcan-Rrltlsh Manufacturing. . . B 13
Amerlcnn Marconi a',l 3V,
Atlantic Quit & W I 03 0I1W
. da prcf 50 00
Canadian Cor Company ,.03 70
Canadian Car A. Foundry pref , , . . fl2 80
Chevrolet Motors 242 245
Cuba Ca ne Hucnr (10 flo'i
Curtis Aeroplane 42 32
Drlggs-Seahury .- 130 133
Hmermn Phonogrnph a. 13 13U
riemlsh-Lynn c.'l 11
Haskell A Ilnrkcr Car 37 U- 3S
Hendee MfB 2.' 27
Inter Mer Jlnrlno 2S 2UIS
do pref-.., III! loo
Kathodlon Rronte pref 23 'i 2(1
Maxim .Munitions ,. B"i (I
Manhattan Trans I. 1 'i l'l
.Mldvaio Sfeel . 01 OfiU
Otis Elevator .-, 57 30
I'ecrkm Motors 23 27
I'oole Ens V 120 123
8 H Kresge w I ., :,...'. 104 11
Htand Motors 7H 8
Submarine .18 30
Triangle Film .' 2 2',i
United Prollt Sharing 15-10 1
United Motors 73 70
U H I. and II com 3 S't
do pref II (1(4
White Moto-a 07 M 57 H
World Film 1 l',i
STANUARD Oil. STOCKS.
Illinois 102 ini
Ohio . 231 231
I'rolrle ripn , 217 21 H
Htandtrd Oil of California 240 231
Standard Oil of New Jersey ,1311 534
Standard Oil of New York 2U3 210
OTHER OIL, STOCKS,
Cosden ti Co ,, 25 23'i
Chalmera Oil 4 H
Inter Petrol I11H 10H
Houston Oil in 111
Midwest Ref (13 07.,
riapulpa Ret 11 IH
MINING STOCKS.
Atlanta 11 13,
llutte Copper ti Zinc OH "?
Hutto N V y... 2 2W
Orro de l'nsco 3d 37
I'lrot National 4 It!
Ooldlleld Merger ,. O 10.,
Hecla Mining , A BVi
Howe Sound 4 3
Jim Rutler ,. 1)5 07 '
Jumbo Extenalon . H4 Bit
Kenellck Zinc 13 14
McKlnley Uarrah , 35, III)
Milfc-ma Copper 15J4 1(1
Mints Co of America 2 2
San Toy ,.,,,.., 13 in
St Joseph Lead , laVi HI
West End Con 1 1H
'Vhlte Oaka , ,. 7 0.
United Verda 31W 32H
BONDS.
Cerro 6s ....,,.. .,,,,,.,,112 111
C and O 3a ..,....,.,, 03i 3H
Mldvale Oa , , D0U 0T
COTTON IS STEADY, ALTHOUGlfl
CABLES ARE DISAPPOINTlil
Traders Ignore Liverpool Wcabwl
IJCCaUSG Ot Wnnthnr in C".H.! .
aisw TOHK, Junn 17. A steady 3T
was displayed on tho Cotton techaiTrrS
tho opening. July was down 4 point. M
other months ronn 1 tn a nnim. ,.Tr.
pointing cables were again ignored mM
more nttent nn wna i,in ... u. j...7a
.In tho South, It being asserted that W
had been tod much moisture nnd tfc ..-(
pcratures havo been much too low foTtvi
week or more. Liverpool was a buyerAfS
Wall street nlso purchased- xj
The supply camo mainly from Boutin1
Intorests and commission houses. Atlu
tho call July rallied 6 points and oUt
months held tfteadv. - VaS.-
Rains wero again reported In the cotta?
boit nnd tempernturcs in many eictioit
were bolow normal. These condition's wen
said to bo unfavorable for the cron fr.1
cause or the lack of fertilizer used, j
to 1 point h'glier. Instead of losses if
B to 614 points, gains wera recnrd.1 .K
prlvato cable said that the English mu.f
net was 01 a senilnollaay charafcler, wlui
Jobbers ngaln working against 4irices. i
The recolpts of cotton at the ports for,
tha day were estimated at 10,000 baits'
compared with 0171 bales last week and
000 naies last year.
mti
mi
March . . .
Julv
October . .
December ,
January .
August , .
Spot .....
Yea. closn.
... .10,28
... .12.70
....1.'!.l)2
,...13,(1.-,
. ...ta.i;.
I.'.'iiiilsj
Open.
10.32
12.71
12.02
13.07
13 10
12.82
12.81
12.03
1.1.11
l.'MD
12.84
13.9: UR lrf
1S.71 W.7I;
13.03 ll.tai
13.11 14.141
12.R2 12.RI 4
1Z.U I
f
I
Liivcrpooi v-ouoil .. . m
T.Tvr.'r)tnrr. i. it o. ..-'.! $1
... . ..... uu.., ww,,w ... ,U. VIblHi llM
uay was negicctcu at a pomt3 lower ntsl
basis of 8.1fld. for mldupland. TlUialwl
aggregated 3000 bales, Including IOOO Ww
American. The imports were n LJXMl
.nMi,n. rn. ...,. ..1 . .... 5...-f
nimtiui lur iuiuiu uiurcu uureiy umj
at a net decline of 4ij.'0n pointij
LIVE STOCK QUOTATIONS!
CHICAGO. June 17. IIOC1S Iteceipti. WOS
Market. KlWlSc. lower. Mixed and bnWul.i
S!).4llf'(I).t).'tl gon.1 hmv. S!l.7ntta DV nmAM
liiavy. tli.f.O (3 U.0.1: light. 4'J.200,Mj, ttat
CATTLE Receipts, 40O. JIarket. ilS?
RenicH. f.S,OM11.40i cows and heifers, 1431,
0.30: stockcra and feeders.
J7. r.(i; 11.10; calves, JIOWll.'.V
HKttLic iteceims.
Xhtlvu and
11. JU.
Western.
40 SJgS.SOl TBJJtl
Market jtsufl
.iiiiHi- n arifi
$3l7. SO: lambs. 48.Uf
VEGETABLES
Orrerlnga were, only moderata and prices gen
erally ruled ateady on choice, Btock. with trad,
fjlr. Quotations. White potatoes, choice, old.
per buah . 41-30: while potalRea. per bbl. No. 1
Eastern Shore, 43.7304.23i No. 2 K.aatcrn Shore.
S2.5O03; No I Norfolk. 43 7304.25. No" 2
Norfolk, IS.50tJS N& 1 North Carolina and
South Carolina. S3 7304, No. 2 North Carolina
and South Carolina 42-3003. aueet potatoea.
Jeraey, Pr baaket No. 1. 4500c : No. 2. 230
30c.t eet potatoes. Jersey, Delaware and Mary
land. pr bamger No I. 75c. Wit. Nv 2. 6u
0Oc-: onlona, Teiaa, per rummer crate No. I,
4130O173. No. 2, 412301.5U. cabbage. &at
?" cLr",.ris1"srvir,'s"y.".' "
il.7.15J2.2S. watei
2.30. lettuce, Vlrgluta uer basket.
watercreaa. per loa bunches. 41 Sii
kei. 25c.M4l;
ihbi vrax,
02.50. lettuce. Virginia per bat
lfoana. North Carolina per 1-3-bbl.
41 1,23; green 50c fttl, beana, b
1,53: green 50c 041,.beana, North Carolina'
J.bbL basket. 7364123. lanl NoFfoS:
Norfolk.' wag. m H-bbl fcAkft'trifsot-BO'
pcppaM. Florida, per carrier. J200Oi; egg!
...1. '..A na rvt r... M. if. l "'
folk, per Vi -bbl' hamper. 73c. 011. cor 1
per crate. II 50V2.50, cucumber. Florida r
Ciakel. 1602, do. North CorollnVT pi?' $Z
kat. 422 2J, beetB. North Carolina. ur Too
bunch.. 18 04. do Norfotk. p,r ,00 buicbeaT
ti&Hi toomt. Florida. Mr carrier PaJ'
41 23 02: chobw, 75c.4l. tomatoes, MlMlaaippI
per (Saturate. 78 B8O0. ; B,pargu. Jy" 'S,
tuncii Faucy. 12t18o.: prim 10 12c!: culls
6tf8s.,l)iu3hjr600ia. per i-Ib. baake. eOeTdflSO'
J3AB SILVER
LONDON STOCK MARKET
Little Activity, With American Securi
ties Quiet and Easier
LONDON, June 17. There was less ac
tivity In securities on the Stock Exchange
today, with conditions customary at the
week-end In evidence. Tho markets pre
sented a spotty appearance. The gilt-
edged section dropped a&aln because of
firmer rates for money. ' The Bank of
England Is accepting deposits at VJ per
cent., which Is reducing the floating (sup
plies of funds,
Americans were quiet and easier. A bc
gnd list of dollar securities, subject to a
supertax of :s., unless turned over to the
Government, will be published pn Monday.
Good earnings sustained Grand Trunks,
Sentiment In home rails was cheerful, but
the tone of the group was Irregular.
Favorable advices from Pekln made
Chinese descriptions buoyant.
Marconis spurted and wera active. Allied
bonds were Arm. Oils were good.
Stronger
Investments
The wbntlerfiH prosperity the?
united oiuies Jiua su mv.k.-
the earning capacity and tot
assets of many of the companitjf
whose securities we recpmmefl4
lrtr in,efmznf- flint, while tnCSCi
securities can still be purcba(i
to yield a most attractive retpr&Vy
they are intrinsically strongtrt
today than tney ever nave ucc
before. . J
Tor example, we lnvlt reau"'
for Circular Np. I.-17T. wWcJ $
describes n Btrona first roorUan
bond yielding over flv per cw -4
tax free In 1'enna, 1
A. B. Lech&Co,
Tnvoalmonf .prlintie4
ncje.nii. 77nirh Street ?
riilladehibla
num
BalUol
New Tork
Roaton
Chicago
London. Knir.
Ciiarlea J. Bender & Co,
INVESTMENT BpNDS A
H.mh. PhlladelDhia Stock IW'I
NORTH AMERICAN
ILDG-
Wheat Weak at Liverpool
MVERPOOL, June IT.-Spot wheat was
weak today, with No. 3 liardwlnter quoted
at Ss. Sd., a. decline of 2d. ; No, 3 red win
ter. 9a. iOd., a drop of Id.j No. J northern
Manitoba, 10a Id., a decline of Id. ; No.
northern Manitoba, 9a 11 d., a Joss, of
tyd. and No. 3 northern Manitoba, t?s. Sd..
a depline of id. Corn was weak, with
American mixed 'quoted at 9a. Id., a, drop
of 2 'id., and Plate, Oa. ld a loss of 1'Ad.
GOVERNMENT BONDS
2a, regUter4, 1030 , fu
2a. coupon. I30:J. 6a H
3a. reetiieMd. 10I8..JJ. lpa
Alk
Ba. couiion. IBIS . ...
4. HCtre4, 1023. .
. eeitDon. isa
161
102
WEST PENN POWEH COMMfl
Equitable Trust Company. Jru", Ml
to deliver permanent daflnltlve boooa v j
for temporary '",' swrFTf ,
UBOAT. ADl-EBTTaSBJIBSrSV
1 v& sssj a,vss.rssSf
fjotfe. fi V.fi'H. aw .-a ar
be met da lu in ogv " AlJtha ntirsWm
i;..nan a ailiriil "An M.t.1 w "-, ,
c'ortSratlon J VS11S5 '''i'-ff "WS
tioraUoil to be .called W' ' Vi tfc.
and objfet of wbfcbT. 4wmotJtgp.
,,f ihuii reraona. flrma a"4 rpor;
trade apa comwrnsa. .--, -;--- a
Sofiment of condition raUJburW
Ey eatablUhlng untlvrmnv. ',Zinijar
ht U ol fb rlibta. beoenta o ,, J
,U act of Aaaambly and Hfiwm "K JsmJ
r,.Tw.a .harler la now OH 81 4 J
" KaffiS&ICKC NBWBOOSal
intra, ror dhi m. ir".' -. ..w v
St per cent-, and iron January 1 net er- Bar jita4 b Xsmtan today t 1 Psowsia Ja. rtglatered. 1M ..I! '. joQ '.'.
lNw Yerk.fc.. ata ett. I paaaiss. , enpftn ...,..,..;.., IU , IMS
PT Ct.
IIIKKCTDH.Y Of A. C CO rSt??-
f.rlllled JubH iBW?"i;
.. temsJu-mm m
UWli.N s
Ul