HumytmfW wwawm
.tm"
??93 hirfc!--flj(SMS-
" """fOtoGBStt!
5j?TpSS5v-r--
i)ijumi)mii'iiuiiyii'iH'i'W.wwHl"lry
16
IJVENING LEDGER PHILADELPHIA, TUESDAY, JtTNE 20, 1016.
I
if
U
y
i t
If
;
'I
Si
l
hi
- -' , - U-L .. - t h ) -, II I ' '- -'
FINANCIAL NEWS-
LEADING ISSUES GAIN ONE TO THftEE
POINTS AND SPECIALTIES SIX TO EIGHT
JMUch Importance Attached to Accumulation on Steel Com
mon on Statements That 5 Per Cent. Extra Divi
dend Will Be Declared in July
High Points in Today's Financial News
Additional gotd to tho amount of $.1,500,000 arrived at New York from
tda. Exports from port of New York smaller for week ending last Sal
y, Earnings of Philadelphia Company and affiliated operating companies
Canada,
Urdau
larger in April, Price of bar silver lower in New York and London,
moreiana Uoal company piacea stocK on quarterly atviaena uasis.
West-
NM3W YOItlC. Juno 20.
Tho many unfavorable Incidents which linvo boon mado to do duty na boar
factors In tho market apparently lost their power before the opening of tho market
today. IjOW prices which were established on yesterday's decline, when slocks
were In freo supply on account of tho action of the Administration In calling out
tho National Guard for service along the Mexican border, were taken ndvntitago
of by somo of tho strongest local Interests to ticctitniilnto. good slocks at low prices,
and today more was said about tho favorable outlook for many of theso issues
than about tho International complications and the unsuccessful pool efforts which
had been a feature of tho market for tho last few weeks.
That an oversold condition had been created was Indicated clearly by tho
absence of offerings on advances during the day. Buying orders at times wero
hard to fill, except by constantly higher bids, and as a result thcro woro numerous
gains In leading stocks ranging from 1 to 3 points, while somo specialties roso
from 6 to S points. '
Most Importance was attached to tho evident accumulation of t'nlted States
Eteel Common by banking Interests, which was accompanied by statements from
good sources that a substantial extra payment would bo mado on that stock lit
addition to tho regular dividend at tho July meeting. .
. These statements wero to the effect that the dividends which were not paid
In 1914 and 1915 will bo mado up to the common stockholders, and tho general
expectation In Circles supposed to bo Informed about the property was that tm
extra dividend of about 5 per cent, would be distributed.
Tressed Steel Car was one of tho prominent features In tho lalo trading, show
ing a gain of 3 points and Indicating that a resumption of dividend payments on
that stock Is close at hand. Associated Oil was more active than It has been for
many weeks, making a sharp advance, and changes all through tho list woro to
higher prices.
The bear energies were discontinued In Mexican Petroleum, which Was In good
demand and made an advance of 3 points. Many of tho railroad stocks. Including
Reading, Chesapeake and Ohio, St. Paul and Southern Pacific, mado gains of 1
point. The tone nt'tho close was strong, with Indications of a continued upward
movement being In prospect.
$3,500,000 Additional Gold From Canada
NEW YOUK, June 20. Gold to tbp amount of $3,500,000 has been received
from Canadaand deposited at tho Assay Olllre for the account of J. 1. Morgan :&
Co. This brings tho total on tho present movement up to $05,040,000.
New York's Exports Smaller for Week
NEW YOniv, June 20. Exports of merchandise from tho port of Now Yolk
for tho week ended Juno 17 were valued at $57,074,110, against $91,511,02-1 tho pre
vious week and $29,992,043 In the corresponding week a year ago; since January 1
$1,207,631,74-1, compared with $022,755,216 in the corresponding period last year.
COTTON PRICES SOAK FAST
ON EARLY HUYINd MOVEMENT
Advance Soon After Opening Reaches
19 to 22 Points
NEW YOHK, Juno 20. Bus'ness was
more active on the Cotton Exchange this
morning than for some weeks, and a good
response was made to Liverpool, where
prices showed gains of 8 to 12 points,
whereas they were due to come but Hi to 1
point higher.
The tone here was strong, with quotations
up 13 to 16 points. Duylng of January li
one Interest, which was credited as being
for the account of nn operator who had
been aggressively bearish for somo timi
was tho feature of the market. Liverpool
purchased July, and spot houses also took
various months
The early buying movement carried the
market about 19 to 22 points above Inst
night's closing figures, with October con
tracts selling at 13.14c. or 37 points above
the low level of Inst week. Liverpool pur
chases during the first hour were estimated
at fully 25.000 bales, and there was active
covering from both local and outside sources.
The demand seemed to he a little less ac
tive after the close abroad and prices
Bhowed reactions of 4 to 5 points from the
best after 11 o'clock. Liverpool's buying
here was reported to be on the optimistic
view of Russian successes and feeling that,
should the United States intervene In Mex
ico, it would be a. bullish influence on prices.
The market was less active around mid
day. Some thought that it acted as though
the short interest had been pretty well ad
justed, but pr'ces held steady at reactions
of 3 or 4 points and there wa3 little selling
pressure In evidence.
Yenterday h
clan. Open.
13.M
1S.2U
is.au
la.uu
New York Bond Sales
1320000 Amtln-Prnni'l) .-..
.'looii Alu tvn its
IIIIOI) Amor SlllHt Kpc ll
40IMI Amrr Tel conv Is.
400(1 iln I'M I 'as
moon Arinnur t IVs.
-tN.'oii Atchison CPU Is .
11(11)0 iln liilj -1.1
211(10 Atchloon cv 4s 111.":
17(1(1(1 Unit & Ohio ;l'.-j.
4000 iln r.3
22000 ilil In
7WOH do rv 4'sk
linon Unit & O Swn :IV
Will llt'lh Steel rM 5. .
ion lirkn i Ity 1st ..a.
lllKh.
.. lis' j
. .ln.'Ui
. .1 Illl'i
. .102"
. . HH'-S
. . ,W,
. . ii:i'
. . f,.1
..llll
. . 112-
103'i
llll'4
liWi
HIS'
ll'l'-a
l2Ti
M
104'4
IIL'1.
loo' loo-'Vi
llt'l Hl'
Low. Close.
11.111
H.-.'i
. i'S
.IIHPa
.llll'-
I '?
itoiKi llrooklvn Ititii Tr r,s..lo:Pi
ooo llo .in in is
llltl-V,
".Vlllll fnli Hnv In 10:11 .... 1IHT
4H00O do 4s 1112(1 ItHIH
10)00 do la 11131 I'll
Iiiiiii Cnl Gun St Klec r.a... liT'i
lltuuii Cent Leather 1st its., in:!'
HUM Cent Par 1st U M)l4
11000 film Ohio 4'fcs i'O'i
411011 do ."a 107Att
a,.'.,., V.lt, PJ Jlll.li, -..
101)0 Clil lit West Is l.
2000 Chi & Nun 3Vis ....
20000 do pen 4s
Iiiooo C II i- Q Joint -Is
12000 do k-t-n 4s
tiooo Chi Ind & West is...
10(10 (.' SI St I' cell Is. .
i.oiiii c n 1 & I'.ic 3s ct am
.-.mill u .11 mi i' uiv is
2O0U do conv rs
L'SSOII do cv lbs
Sliioii flu Ben 4't-s
lhoiio C It I & Pae rfd Is
iloooo do .'s
."i.'ioii Chinese ret .".a ....
loooii Clev Hh Line -I'is.
looo Con (las conv lis. .
iriixin 1I A Hud conv 4s.. 1(1
miiiii do rfd 4s us)'
120110 Den & Itln Or Is 7N't
iiiiiii do rfd rs To
looo Detroit Tunnel -1'i.s .. lio
Alum l)la iieeur I'urp Ss... 77!ii
looo llrle conv la Her II... "I
loooii KNa prior is m.i'i i'i
iiiooo limn Jl H & v co hs.io.i'-j iiti'i
Uioiio den i:iec del, r,s loH. )"S
72
71
Mi
ll."i
lis'-,
n:i'
7(Hi
IIS
r.7
111
107',i
Hll'i
74',;
Si!'-
loii'i
12.
i'l;
DOS
IIIII,
llll'i
ion
out
loo ,
loo1!
Ii7i
Hi2'
Ml'l
till'.
HO. 4
r.ii',
its
i i.i
ii.s's
!'
70
ll.l'i
r.ii'n
in
HI7,j
lolS
101
71
2S"
h'iu'Si
107
us
n
"'
Starch . .
July . . .
October
December
January
August
Spot . . .
13.31
12.77
12.93
13.0S
13.111
12.8S
12. S3
IIlBh. Low. Clos-.
13..17 13.43 13..-III
12.UU 12.h5 12.1)11
13.1S 13.0.1 13.17
13.3.1 13.2(1 13.3.1
13.12 13.2S 13.11
13.02 12.UU 13.H2
13.1).".
Liverpool Cotton
LIVERPOOL, June 20. Spot cotton to
day was quiet at a decline of 1 point on
tho basfs of S.16d. for mldupland. The
sales were 6000 bales, Including 5000 bnles
American. The imports were 1)000 bales,
nona-Amerlcan. The market for futures
closed steady at a net advance of 11 471 3 Vj
points.
FOREIGN EXCHANGE
NEW YORK, June 20. The feature of
the foreign exchange market In the first
hour of business today was scarcity of
French exchange with resulting strength.
This was due to the loan arrangements.
On the other hand' relchsmarks worked
down to the lowest figures In several
weeks. Vienna was sympathetically easier
and Dutch exchange was also soft. Ster
ling was dull but steady. Quotations: De
mand sterling, 1.75 11-16; cables. 1-76 7-16;
franc, cables. 5.91H; checks, 5.01 ;
relchsmarks, 7BU nnd 75; lire, cables
6.38H ; checks, 6.39H ; Swiss cables, 5.25'.2 ;
checks, 6.26; Vienna. 12.90 and 12.95;
Stockholm, 29.35 and 29.50; pesetas, 20.25
and 20.10; guilder, cables. 11 9-16; checks.
41 U: rubles, 30,65" and30.73.
In mid-afternoon the market ruled quiet.
Relchsmarks worked a shade still lower
to 75 3-16 andj 75H. Llrn improved to
6.38U for cables and 6.38Tif for checks.
Otherwise quotations were unchanged from
the earlier figures as follows:. Demand
starling, 4.75 ; cables, 4..76H ! franc cables.
5.9Hi ; checks, 5.91H ; pwisa cables. 5.25 ;
checks, 5.26H ; pesetas. 20.30 and 20.10;
Stockholm. 29.30 and 29.10; rubles, 30.70
and 30.75, j ul
The undertone of both francs and rubles
was firm on Ioan arrangements. Guilders
appeared heavy, although unchanged from
the opening. This was In the face of ar
rangements between Holland and Oreat
Britain relative to arrangements for the
payment for a large amount of sugar In
British treasury notes Indorsed by the Bank
of England and payable a year from date
at 12 guilders to the pound. 'It Isrexplalned
that these operations are on account of the
old Dufch balances held In England previous
to the war.
RATES FOR 3IQNEY
fii
New Yorlc JH 9t
Philadelphia. 84
Beaton ,, .
cwa4.-o mt
BANK CLEARINGS
Ban elMtrlvs today ctimyartd with corre
pmdlH da a 'wo 7" . m
Phtlada . .sa.&0.190 II8.2B1MS3 I27.T78.18S
N.w Yorlc... 50S.282.9H 30.33iUo3 29I.22B.S00
Hoiton 60 543,823 211,413.21 S4.28S.tltVJ
lihteaUo .:;. BalOliOSa M.-SSStW lS.789.19t
Tm
S $4
3'i4
Bloney in London
ijOtmoS, June 80. Money on call was
4 pr cnt teday. unchnse4. The rate of
discount In the open market was unaltered
41 3 ; per cest twe ubgrt bills aad 6 1-3 per
ctni. bte thres mouths bills.
IflllO Orent Nor 1st .Is Ull'i
loiiiii) llud & Mitn In r,s 2!ii
luoii do rfd .' 721.
20000 111 tileel del, 4iis...-. Ill)'
3000 Indiana Hteel .Is ....KCii
loooii lown Central ret Is.. .",.".j
2(11)00 lnterli Met 4 '.a 7 1 'a
21IIOO lnterli It T ref ,', tivt
iiiooo Inter M Mar et I'i . . l(i;i'a
liuuil Jaimn new'fl S 4's. h2'a
2000 Jnpanest 4'lis .Ih
MUM K C l't S & M l 7II'
2000 Kentucky Cent Is ... fcnti
2000 Laelta iiteei ." 11123.. Illl'a
2.11100 do .13 lll.-ill !I2
1U00 Uielede Uas rfd .ls...inp3
13(100 l.k Sll deb Is 11)31... Ill:
. looo l.ouls & r.'asn eeu lis. 113
21O0U ilo 4s .4',3
1000 J K t T 111 Is 7.1
2000 do Idila .la it
l'Mintl Ifnnf linieer f.s US
looo N V Air II evt lis 103'i
100" N V l)I.SJS 7')
llDiiu N Y l & II eon 4s M '
11.1000 do lis 113
40000 N Y City Is lU.li reB. mil
lUOH ilo 4Vis Alas' lUS7..1U7'k
r.OIKl do 4Ws Nov 111,17.. 1117 '5
.'.(ion N Y Gas II Si V Is... h.l
111000 do .Is lo-'l'i
3000 N V N H & It s H21a
23(oii N Y llwy adj r,s 5s
Kloil Snr & W cv Is 1U-20S.131.
31000 Nor I'ie prior 4s l(2f
Iiiiiii do Etn 3s tiil'i
30(10 Ore snort 1. ref 4s. . . H2H
100(1 I'aelllc Tel 5s 1110.
loooo Prima 4s 11)43 ,USi
rTliilii do sen et 4!jh HUH
3MI00 do rn 4hv ln
.loiiil I'uli Herv N J lis U1T
1100:1 Headlns Ben 4s U.l'
1101)0 Jtep Jr 4 S r,s US5,
noiii) Mt i, l ai a- no Ken is. ""it
4iiii(i( si i. it a r Ben ci -ts.
looo do rtd et sla 4s
,10110 do ml) w I
ISIioo do .er A w I
.".noil P.in A & A I' 1st 4s.
1000 s.-itlKKiril A I. adj Ss.
looo do rfd 4s
11)00 South 1'ae 4a
.Iiiiiii do cv 4s
41100(1 do ev rel f p
Kidiiii no rui -is ..
3000 South Itwy g-en
noon out)i llwy con
'noo Mnutll jtv t
3000 Texas Co i-v lis 1UU
4000 Third Ae ref 4s I2
aooo Ttilrd Ave adj as 7'
OII, V. C ni.'l 01 tin. . . .
ivino t'nlon lac 1st 4s.
iioiio I'nlon I'm- rfd 4s.
2000 I'n ltns 8 F 4s..
lnnrin Va ttwv r,s
3000 Wah.ish 1st ,1s 1UI
1SQ00 West K & 31 notes ,1s 101
ii'.i'i)
2I);5
'-74
llll'
102JS
-ll?
7I1
us;
103
N2-
hlfl
7III4
Mill
UliHi
112
H'H4
in1;
113,
ii Hi
7.1
III
7T
103U
711
Ml
112'u
Kill
!ll7t
107 l
sr
loan
112v
r,Vt
131
1I2.
Illl'i
112'J
loo
US"t
iii:i'.
1 o'l'i
102 J.
1133
113
lil'lVl
l'2Ji
till'
Ill's
llii
IIOV
mm;
llll'il
w.
niiiVii
:io'
100
1II0
07 si
102'.
MiVa
liilj-
1or,,
.lo'a
71
M'i
IIS
1IN'.
"".
IMVi
H7
111
107'i
1014
llll
71
2!!'
lno'-j
107
IIS
78'i
"II
Illl'i
77'
71
h.l'j
lo.l 'a
lnK
Wij,
'24
no',
1II2.
.17
IH"
10.1.
S2J,
ill'.
St'.
llll '.3
112
llll',
lll
113
04 'a
7.1
lil
IIS
ll'3'i
7ll
HI
US'.
100
107'.
107'.
N.l
ni3si
1125
.17'i
1:11 ,.
112'.
U2i
urn
IIS'j
71
7.V,i
M 4 h33
70W 7HJj
Ii7'i 117',.
IIS
K.lVi
hSU
mil?
V'..i
101, mi's,
liia lo.i
111",
U.l'i
l).s.
SO',
71
7.1
us'
h.Vi
HHK
11111.
..-. mi, no'.
:en 4s 71U 714
on Ss Illl'i llll'I
I, -la hi, Kl',5
.li'itt
. 07
. llll
321
OSK
Iin-l
Nli
70S
H"
07
III)
32i
OS,
llll.
101.
or
US'.
IISJ
no',.
71'
7.1'i
3i
70
117,
II7
ll
s.li
OS",
loi'v
nili.
71.
101',
NIH
101s.
M
711,
1"!
97
1.0
32 .
US?
1IIIS
DIVIDENDS DECLARED
Philadelphia Company, renular quarterly nt
II. per cent on the common stock, payable
Autrust 1 to stock of record July 1.
Duquesns l.lsht Company, reirular dUJrlerly of
li pr cnt on th prsferred. stock, payable
Ausuat 1 to stock of record July I.
Pouthwastern City Electric Company, reirular
riuarterly of 11 per cent, on the pruferrsd
stock, payable July I to stockhold.rs of record
Juna 15.
Chlcaeo City Uallivaya Companv. reaular
quarterly of 2 pr cent., nayubl Jun 30 to
stock of record June 24. ltoolcs cloae June
27. raopen Juna 20.
People's flas and PI Base Company, quarterly
at - per cent., payable July 25 to Iwldars of
racord July 20
Ohio Pul Supply C'OBipany. quarterly of 2
rsr cent., payable July 13 to stock of record
Juoa 30.
Amcakeac Manufacturing- Compalur. reguUr
erolannual s sa on preierrcu. ana
l.riy 7S ceat. on rommon both paya
regular quar-
oayaoia juiy
3 o J?ftrs..?.J"flft.sn- .i, ...- ,..
HI.- L4U1S. IIO.-S SWI1('I -wc,v iwm-
pasy. H or 1 PC cant, on common, payable
July 10- Books cloae J una 30 and raepan
Vmarlcan Telephone Company. tJsaiUr quar
Isrly of 2 per cBt.. pab6 July IS to atock of
recerd Juaa 39.
Xaw BusUnd TelepliMW Company, raaular
auarlerly of 14 per, cent., payable. J una 30 to
stock of racord Juna 31. ,
Jarsay Cantrat Railroad, rasular quarterly of
3 sr cot.. payable Auaust. J U stock et rec&rd
JiOT W. and usujl extra of SJJP caw, Py
aUs July 30 to stock ol record Juoa 3f.
Old uoouotoo steamaoie w&u TC'
anoual of 3 per caat . Datable Juna CO to bojders
oi record Jun 19
Kw York Title and Mortjoie t'omparur r
ular auartevly of 3 per cm , payabl. July 1 to
Jjoldsr. oC record June 33.
New Yorlc Stock Sales
I.nst cto9. lllith. lw. Clo9.
Adams EtprfM Ml Ml Ml 141
Ala.ka Hold Mines 10 I 20 WH 20
AlKlcii J Hold M SH SH' P!4 H
AllK-Chalmor. Mfg 2.ri!f 2A) 21i 2M
Alllj-C Mrc t( 82 82 Pfi 82U
Am Itcct Rujat SHU 00j MH SOU
Am Can .' mi K'i MH fi
Am Cor l-'dy fl7) i fiS) i r,r,H 6i(
Am Coal Piotluel 15!) 147 147 117
Am Cot Ion Oil fi-l 5.r C4H C4M
Am lllilo . Lcathtt !f !)!f VH lM
Am Illdd & h pf 60 M BO fiO
Am Unseed 201. 21 20! 21
Am l.lnsoi'd pf .17 7H -I7U 47U
Am i.oromollvu cr 70! 00 7()'i
Aril I.ocomollvc pf 102'4 10.1 10:i 10:1
Am Smell A Iter !),')'! 113 IM lll'(
Am Smelt & it pi m,'. lll'f tlHf 111X
Am Smelt pf A m D3), 0:)' !:'.
Am Sleel roiihilrles .()j 60 -lO'a 60
Am snwf Hennina nou iu noVi lli?i
Am Tel & Tel 130 130X130 ISO
Am Tobacco iUi 20.VJ 20.'jH 20.1?.
Am Woolen .V( IV I 43f 43?i
Am Woolen pf OS'. 0' 00 00
Am Wtltlnc 1' Pf 24i 24'i 2-IH 24!i
Am Zinc 1, & Km -ISU -H)', 4M'i 40
Am r, & s pf 00 (U)' os;,' no'i
Anaconda Con M Ki't S3Ji M' 83
Associated Oil fiO'i OSJS 00). 07'f
Alch Top ft S 1' tot 10.1 101 10.1
Alrh T & 8 !' pf 101 101 101 tot
laid .om Vk S.1 f-O'j 8.1! f SO
llald Loco Wks pf 10.1 104 101 lot
Halt ft Ohio SO I'll KSH 80?
nail ft Ohio pf 70'f 7Mi 7(1J 7(H
llalnpllas Mlnlnc 2 l!g- l? Vi
lldhlthetn Sled .112 lt:i 4.1.1 463
llrooUyn Itap Tr 87 MI'S SOU -0'a
II to Mi Shoe 67 60 60 60
llHtti' ft Superior 72'f T.Vt 72 72'3
Cat I'ctroleum IS!f 111 10 10
Cat Polfolcnm nf in 4.V-5 4.1H 46!i
Canadian Pacific 17iV3 170?.' 176'f 170'
CVnlrnl Leather 63's 6t!i MH 61!
Chandler Motor 107'r lO.s'a ins lOS'i
ChesftOhlo 112 03'. 01?li 02
Chile Copper 20'f 21 21 21
C'hlno Copper 6()S 60'f !'. 60',
Clil (Ireat West pf 37 30H SO', ,10'j
('111 Mil ft St Paul 07 OS 1175a 074
C C (! ft St f 61 63 63 63
Chi It I ft Pae 2P3 22'i 2, 21'i
Cluelt Poa A Co "2' 73 73 73
Col fuel ft I ton 41 42 , 41i
Cntillnenlal Can 00 lis 07 OS
Consolliialcd (lai 13li lilS'l 1M.1H- lilfi'j
Corn I'roiliiet. Itef lll' 10' f III lll.'s
Corn Prod lief pf 07'j m'i 00 00'.
Cmelble Steel 70 S2 SO 80'.
Crucible Steel pf Ill 1 II'. 1 IHH 1 14!.
Culwn-Am Sub pf 110 los 10s 10s
Deere ft Co pr 02'a 01'j Mii 01!i
Delaivare ft llmlwn 162'. Ml Ml MI
lien ft HUi (Jr pf 28 'a 20!i 2l)Ji 20'S
l)ltlll Sec Corp'11 40 40'i 40 40
Dome Mines 20!3 20), 20? S 20ii
Kile HO ,'ins .'IS.'. :iO!i
Uric lsl pr ill '4 62Ji 614' 62',
Fed Mln ft Sm 17 17 17 17
(feneral Klwtrlc MS ISJ 10S 10-S
(ieneral Motors pf lit '113'i 1I3U ll.'l't
(inodrlch II !' 76 70!,' ".lU 70!i
tiranliy Comol SS'X Ho?, U)H 00
(iriH'ne-Cananea 434 lls 43 4-1
(ireat Northern pf 120 121 I20'j 120'Ti
(I X rfi for ore prop.... 30'f aOU 30!X .'lO'l
(lllir Stalei Steel 81 SO S3 SO
(Snlf States S Ht pf OS IIP V7H 07j
(iulf States S 2d pf SI SO'i SSH SO'i
llllnoH Cenl 10.TJ lll3'S 1(13. 10,'tij
lnt Con Cor v t c sh 17Ji 18 17i 17!J
Insp Con Cop 7( 4S? -IS 4S!ii
lnt Mekel v t cfs 4G' 10'. 4Rf 4(i,i
lnt M M of dep 21', 2.1'. 2I. 21!,'
Int M M pf c of dp (II 0.1'f lll'l IM'j
lnt Paper Ill, l'i 11',' I Iff
Hit Paper pf 6.14 60 r,ii .10
Kan City Southern 2.1T 20' 2.1W 20J,
Kan City Soul h pf 01 00 00 00
Kaj'ser J ft Co IJOJa 100 O'.l'f 100
Kelly Sprint: Tito 72 72?i 72.', 72?,
Kennerott Copper 60' ilO'i -W, 60
Lack Steel Co OOU 00,',' liO'f 00 'X
Lehlsh Valley 7!)!S SI 70', 805,
Lake Erie ft West IS lWi IS l.S.
Lake Krlc ft W pf 10'f 41 41 41
Lee lluhher Tire 4S, 40 -IS 4S!,'
Ijiiic Island .'SOW 37'a .'I7i 37!a
Maxwell Motors 82i 81'f S3', 8I!
Max Motors 1st pf SS',' 87h S7'f 871,
Max Motors 2d pf 67) 1 6S ."'.( 6S
May I)ept Storenf KM 03 02 03
Mexican Petroleum 00'i 00!,' l)7Jf OS
Mex Tetroleum pr 0.1 07 07 07
Minn St P ft S S M ... .128 120'a 120U 1203
M St P ft S S M pf 130.4 13.- 13.1 13.1
Miami Copper 36 364 ill 364
Mo Kan ft Texas 4' 44 4.4 44
MoKan&Tpf 124 12J-,' 12,'',' 12,
Missouri I'aelllc f"f 04 0,4 04
MoPaclrch GH OJf 0f . fi'f
Nat Knam ft S Co 234 2-1's 23)1 2-1.',
Nat Lead Co fi-t 00 00 CO
Nev Con Cop 10.4 17 17 17
New York Air Drake. .. 132,4 l.'M 132'X 13355
N V N 11 ft H 024 Ol'.' lil), Glij'
New -ifTrk Central 103'.' 101'i 101 1(H,
N Y Clil ft St 1 43'.' 42 42 42
N Y O ft West 27 27!S 27i 274
Norfolk ft Western 1304 132'i 130,'s 131),
North American 014 00 00 00
Northern Pacllle 113 lVMi 113I4' 1134
Ontario Silver Mln 7), 7i CJ, . OJj
Penn Ilallioad 67 67!i 67i 674
Peoplu's (las Clil 1014 101 101 101
Peoria ft eastern Ml,' It 134 M
Philadelphia JCo 30?f 40 30', 40
Pitts Coal Co N J 20!i 27 204 27
Pressed H Car Co 47 50 47 40.4
Pullman Co.". 103', lG-'JJi 103, 1031,
UyMeelSpfo 41 tlW 434 414
Ity Steel Su Co pf 07H 903, Wiii 90S'
Hay Con Copper 2Uj 22)( 214 21Jf
lteadliiK 101W 103 lfll 102
Iteadlim 1st VK 12?i 43 43 43
Headlnif 24 pf 46 4.1, 464 4-14
Kepuullo Iron ft S 414 40 4.1'i 40
Ilepubllc I ft S pf 107?, 107)' 107'i 107'.
St I. ft S F w 1 17 17.4 10!, 175',
Seaboard Air Line 10 1.14 154 1.1) j
Sears. Koo ft Co 182 18-1 182 184
shat Ariz Cop 31 31.4 .'11 311,
Soulhern Pacinc OO'i 7i MJi 074
Southern Hy 22U 224 22!.' 224
Southern ity Pf OS), OOU 0Sf OO1.'
Studebaker Co 137 13a. 137)4 138
Tcnn Copper 16 46U 4t)S -IS,'
Texas Co 1834 1844 183 18t
Texas Pacific II,' I2'i 12,i 12!,'
Third Avcnuo 03)j OS',' Ol.', 03M
United Clsar Stores 0.1 OIW 91 W'i
I'nlon Baa ft Paper 5V, 5!,' 64 64
Union Has ft P pf .W :t2)i 30,4 32),
Union Pacllle 135J 130. 1354 13li'i
Union Pacinc pf 82!a 821a 824 &2'4
USCIP&l' 21", 214 214 214
U S Ind Alcohol 161 160 1514 160
Untied Fruit 1034 106)4' 1044 105
U S Jlealty ft Imp 35 32 32 32
U S Hubber 534 &i 534 534
U S itiibber 1st pf 100,'j 109J, 109,4 109.4
U S Steel Corp'n 834 r'44 "8,'i), 84.
U S Steel Corp'n pf 117)i 117)5 117 I17JJ
UScBlUM "W 714 70). 71!,'
USSlUMpf 60)k 50), 50 50
Utah Copper 77), 78 7V)j 78
Va-Caro Chem 40!. 42 404' 42
Wabash It 14 13!$ 14
WabashpfA HI 49 484 484
Wabash pf II 274' 27i 27)i 27',
Wells I'arco Ihp 134 133 133 133
West K ft M , 584 59,4 59)i 60),
Western Maryland 20) 30) 30 3U
Willys Overland 2724 280 270 280
Willys Overland pf 109 109 109 1L9
WiM-onsln Central 40)1 411 4U 40
WoolnorthFW 130 137)5 laOH 130)5
.Quoted ex dividend.
NEW YORK BUTTER AND EGGS
NEW YQltK,. June 30 UUTTEH Prices a
sliada easier, but the decline has brouttht out
more spucuiativ
r,.ii..
dairy
'rtU ...
KiiUS slightly firmer and higher on both
Western and nearby, itecelpls, '(1.-8T. Kxtras,
35$3U3c: extra' firsts, 33Va&31)ac.; firsts,
33S W34Vc; whites, JSO'iac.i browns, 27c. ;
mixed color. 23V. &lic.
(a easier, out me uecune nas orouant out
e ' spuculatUo buying. necs-lpts. 2S.71U.
a. "Jutlc.; higher scorlnc. 3030'ac; State
y. tt.tic; imitation creamery. 2ou
Decrease in Foreign Crop Estimates
WASHINGTON, June' 20, Forelffi. crop
es-tlmatas cabled to the Pejvirtment o Aerl
culture by the International Institute of
Agriculture at Itome give the 'following
fleurea: Spain Wheat sown, stO.3C9.000
acrM,' an- increase of 2.3 per cent, over last
year) .barley sown, 3,49(,000 acres, a de
crease of 7.7 Pr cent. France Wheat
sown, 12,864,000 acrs. tl decrease of 9 per
cent; oats sown. -7.S24.000 acres, a de
craase of 9.S per cent. Canada, Wheat
sown, 11,492,000 acr8, a decrease of 11.6
per tent. ; oats sown, 10,600.000 acres, a
decrease of 7 6 per cent. Japan Wheat
production forecast, 21.416.000 bushels, a
decrease of. 5.2 per cent ; barley production.
8,8)!o,00Q bushel3, a decrease of i per cent'
GOOD BUYING
IN CURB JjEDERS
No Trace of Uneasiness Active
Trading in New
Sttitz
NKW YntlK, Juno 20. Thern was n Ren
ornlly stronB lono to the trndlnB on the
Ilrond Street Curb today, with the lemllntr
otocltn rellectlntr Rood biiylnR Induced by
knowlcdRO of their present rarnlR power.
This frtctor wna Inst RlRht of nn tunny of
the prr-oedlnR dnys, when the market wits
Influenced nt tlmen hy lliiuldntlon of tho
motor storks, which had been marked up
sharply, nnd yesterday by tho unsettled
course of Mexican developments.
There was no trace of uneasiness from
these Influences when" business commenced
thli mornlnR. Stocks llko Cuba Cnno StiRnr,
Atlantic rmif nnd West Indies, Mldvnle
Steet nnd Knthodlon lironzo preferred were
In Rood demnnd at advnnclnR prices. Jte
cessions naturnly occured nfler Jilnh levels
were established, but In spite of the usual
relictions tho tone showed marked Improve-
''hero .was active . IrndlnR In tho new
Rtutz Car rompany of America stocK,
whose orRimlzatlon was perfected today
with the election of a stroiiR board of til
lectors, but Ihe slock was In supply, part y
ncalnst syndicate pnrtlclpntlons and in
Borne oases on sales itRiilnst p'Pectc(l nl
lctments on a public subscription.
Tho prlco iniiRed from oB',4 to BJ',4
dtirliiR the croater part "t the day. Lnlted
Motors lolled to share In the Rcnoral Im
provement. nllhoiiKh II imide a motto rat e
price Rain. Chevrolet Motors, often refer
red to ns a one-man market stock, dropped
from 220 to 213. , ...,
Tho oil slocks were quiet nnd Rcnernll)
hlRher. but Cnlted Weflteru Oil wns excep
tlonnllv weak, dccllnlntf from t"i to 1U
Zlno Coiicenti-ntliiK wns steady. raiiR nrj
from Hi to 1. 1'lemlsh hynn was quiet,
with sales nt fi!'4 to 8.
' iNUL'STIttAtiS
Sales in Philadelphia
Acme Ten
Aetnn r.xtitoslvcn
AJux Itulilyr Tire
Am lint MfB
Allmitlc flulf ft W 1
1I.1 nrer
fiiiiiKllaii Inr C11 .,......
1 'nn 'iir ft y '""'
flievrolet Motors
Culm I'nni' Simiir
curtlss Afriiplalia
Iirlass-Si'iilitiry
Ilitiersoii Phonosrntih
I'limlsh-I.ititi
lliiBk.'ll eiinrkcr t'nr ....
Ilrndi-K Mrtt
Inter Mrr .Marine
iln pref
Kntlindiini llninze Mat ...
Maxim Munitions '
Mnnhnttiin Trims
Met Pet
Mldviiln Sleel
(jtls lllpviltor
1'perleSl Mnlnrs
IVrlman rtlin ......
Poolo i:iiRlnirliiK
S H Xresse w I
Sinml.ird Moloro
Slutz Motors
Hul'lilfirlne
Trlnimle Film
United Motors
I.'iilti-il I'rollt Mlinrlnit .....
r n llaiit & lient
ilo prct
White Motors
World rilm
RTANOAItl) Oil.
Illinois
niiln
l'rnlrl" IMIie
S (l or CnllfornU
H o of New Jersey ... t ... .
K (1 nf New York
cvritro't oiii stocks,
Cnsilen ft Co . . ..
Chnlniers Oil
Inter Petrol
Houston Oil ''
.Mldn-fst Ilelililns
Saimlini llcllnlnif
MININd STOCKS.
Atlanta
Hutle t'opner & Zinc
ilutte & N V
Ceiro de I'nscii
l'lrst Niitlnnnl
(iolillli'ld .Mercer
HpcIii Mining
Howe Sound
Jim llutler
Jumbo lixtenslon .,
rnlted Zlne
MrKlnlcy HarrnKli
Mucmii Copper
Mines Co ,ot Ameiica
NlplfsltiR
Han Tnv
St. Joseph Lend ...
West Km! Con
White Oaks
110X05.
Cerro de Pasco (Is
Ches ft Ohio is
Mldvnle lis
Hid.
:: i'ift
. . nj
: : :i.s
. . IIS
. . r;
. . ;
. . N'J
. .21 s
. . Ml
. . 12
. .1311
'. '. l"'i
i1!
'. ; s'l
:!
.'.' "'1
.. 1
. . 2d
. . 11 lU
. . r.T
. . 21
..l'jn
...its
, . loVi
1'. sn
....... 7:14
......
.:.... .1
11
:::::;: n"JJ
STOCKS.
ion
1:211
217
-J IS
Aslcd.
53'i
In
us
IS
IS',
.207
2li
-I
ini
r,'i
: "k
. s
. SJ4
"'I .
. 11:1
:Riin
. Sll
.'.'Oli
.' IS
. Id
.10.1
. 7
.112
. IM'i
. Illl'i
r.n4
S2
tBI
'
V
an
I'n
ml
' .
;',a
11 1 i
l't
81
lll'j
nil
211
1411
1211 ,
lll
3S
.T
71
1
.tv
111
074
lis
inn
2.12
2211
2.-1 1
sun
210
10H
17
',.
1214
,a..
II,
2'z
,1114
-I'd
111
IIS
HI
111
Oil
HI
?;.
in
mis
IDS
11
111
LOCAL MINING STOCKS
TO.VOPAII KTOCKS.
Tlrr. HntUr , fi'J
.MarNamara 07
.Midway -.'i
MIspah Extension . , -if
.louiann
Northern Htar
Tonopuh Itetmont
Tunopnti UxtPiislon
Tonopah l.Mnln ,
I.Hicuc Uuki
West Rml
GOLDFiniD STOCKS
Atlanta . ' , II
THd. AnkMl.
Ill
in;
.in
.117
illue Hull
llooth
llulldni;
C O I)
Combination Fraction
niJinondlleld II II ...
Daisy
Florence
(inliltield Consolidated
OoldtieW Mereer
Jumbo (extension . . . ,
KmvanaH ....,,
iiro
Sn nd Ken.
Mlver TICK
iIISCEr.I.AXKOU.S.
i in
.10
.01
.ill,
.0,
.113
.01
.12
,K7
.IIS
.S2
.11
.11.,
.US
.111
.01
.00
.2
ai
u3
.47
1.00
.12
.111
.17
.02
.IIS
.110
.IIS
-.IIS
.4.',
.Ml
.111
.HI
.13
.nil
.112
.11.1
.1U
2.30
.1.1
Falr.v Aztec 01
Klmberly 02
Nevada Hill 17
Xvuda Wonder 2.20
'IVcupa Mlnlnc 13
Oil Output Largest in History
XKW YOUK, June 20. Total" output of
oil for tho entire country has reached
nearly 800,000 barrels a day, tho larueht
dally average production In the history of
the t'nlted States, according to figures com
piled hy the OH, I'nlnt nnd Drug lteporter.
Largest producing districts nre the Jtld
Ccintlnent. Louisiana and tlulf coast fields,
with dally output of nearly 510.000 barrels.
Drilling Is going on In the Mlil-Contlnent
field at the rato of about 1100 weIN a month.
Completions show above the average number
of gushers.
Columbia, Pa., Plant to Ohio Concern
SHARON', Va., June 20. The A. II. Byers
Iron Company, of Glrard, Ohio, has secured
u lease on tho plant of the Susquehanna
Iron Company, at Columbia, Pa., for a long
term of years and will immediate manu
facture wrought Iron pipe and other
products.
CONCRETE
for Permanence
A Milwaukee
Concrete Mixer
for a perfect mix
"AND THERE'S ONE FOR EVERY JOB"
Get in Touch With Us We Have'
Them in Stock
CHARLES BOND CO.
S20 Arch St., PhiU., Pa.
mVIUKNII NOTICES ,
laiuti'i. oil anu a.vs company
1530 t'omuiercUl Trust Uulldlns
Pblldlplila. I., June 10. 191B. ,
Tr Board or Directors have this dy dorlared
a rutular month y .divldond of tine-hulf ol One
1'tr Cenl. IVs lftXa" ln "C' dIMdend ol One,
half of One I'tr Ceut. J14 IB), oayablo June 30.
lUAe lo iovs.ii.tw Vi ?f . T"W "w' so.
j. w. wiii. Trej
WBKCTUKY OF AVCQVSJXST
CerlllleU I'ualle .tcrouauols
reanrer.
ii jit a!. uiri'ATU vkusv
t cu.
UUIUtNO
18(1 Am On..
til uaiit i.oc pref.10.1H
no Hurt n s rref. r
(17 J O llrlll m
. Csm Iron 4
All l?lan Q,n
)23 Krle .'.'.'.' Billi
4 V... uvii ,r, i,rri . .
10 Ins Co N A...
200 Kenne Cop . . .
PC. l,ako Sup Corp.
12 l.eh N'av . . . .
IK l.eh Vnl ......
, r, I.eh V Tr pfd.
101 1 IVnnn tt It'..
f.l Pa Sleel pM.. .
IN Phlln Wn pfd.. .
VII do elim pfd. . . .
210 Plillt Klectrlc. .
HO I' It T tr rtin.
It Plillfl Tnirllnn
jiiifii tirnninff
Net
ItlKh, Low. Close, chce.
I -in I ! 1 "O
0SH 1031S
57 . 37... 3
33?i 3.1" -T '
41
TIM
r.u'i
10.
711
HI
'3.
II H
3H
41 H
211
I"?
7'k
43 Ton llel
30 Ton .Mln
10 t.'n True
13 U fl I
1323 I' S Steel ...'
20 Wnr tr unci Htl
. 7 Weft .Ter A. .1.
ton Whi i.'rnmp ..
120 Vork Itwy ... ,
7
.10,1
t"x
HI
mis
20J
30 ,
B
OP
.17 M
IIS
as
".
2J
iSi
,7.1!
i n-in
44
7lJ
no
10'4
7Bk
Kl
3.
Mti
lit
31
41
'-'".
lSji
7?H
1II2H
1
c
j
4-
4-1.
il .1-10 fl!
r7-io i-io
ni'i
noMj.s.
Itlnh
jtooo Am nv eoi :,s. .100
lnno italit l.nc 1st ftn.lnl
looo HI ft r Tr 4.. no
000(1 Key Tel 1nt 3s.. US
looo l.eh Vat iten An. Ill
'Jiioo do oa -I'ts (1.1.100'i
anon do conn iln reir.ltoU
ihiOO do 4'5 D reiK.lnotli
oo ,m ITOp l-IIS. ill
-13'
81
Ill4
S3.
1111
IIU
1.1
HO
"'.
40(4
S3
t,ow. t'lese.
100 Kill
HU
SO IIS
ol
lull!
110i
HI0
".
Uioiio Pa. Co xnn 4'.is.lolH llll'
3300 Phlln l3l t c In Ull'i "3
101
Ml
IIS
111
loojt
II" 4
inni
70
101 '4
"3.
3100 iln. .-. in.-. llll'i Illl'i
Hum uenuini; gen 4. n.,'l
iono iln reB In lil'i
3000 JUnd-Jr Cent In (17
1000 .Span-Am I 111. .102
'X
tinu
in!.
07
103
mil
II i'n
07
1 03
li
-
Net
cliKe,
'(4
PHILADELPHIA RAPID TRANSIT TRUST
CERTIFICATES ADVANCE ON EARNINGS
Westmoreland Coal Places Stock on Quarterly Dividend
Basis Cramp Stock Advances One Point and Buffalo
and Susquehanna Preferred Falls Two
Local Bid and Asked
Today's
ttaldwln
d.i pref
Hurt & H'.inq t c
do pret t c. ...
llrlll .1 (1
i'nni Hteel
Illee y torn ir.j
lien .Willi It . .. .
iln pref
ICeyntnne 'rel ....
do t il
do PM
t:i Ice Hup Corp .
Lehlnh Nnv
1-ehlBli Vnl
LehlBh Vnl Tr . ,
do pfd
ivnnnylvanln
I'lilln lllectrld . .
l'lill.i Co
l'i 3 per rent.
do 0 per cent.
do t i
Mending
Ton llelmont ....
Ton Mln
t'nlon Trnc . . , .
C ( I
H K Slrel
Vork Itwy
do pref
Win Crump t c . ,
Kx dividend.
prof
pref
Hid
. HO
.10.1
. .11
. .1(1
. 3.i n
. :m
. M'i
. 71
H.'i
. Ilj
. us
IJ-N'I
: sv
-'2i
, ri7'
. '.'S,
. hi
. .'IS
. 10',
. 11 Ji
.Hits
i n
. ill.
. lii'-i
ss,i
. sns
. 371,5
Ankeil.
SIP.j
1(1(1
.mi
3S
3S
s.1
IIIU
3lH
7I'4
IIJl
tl'i
ll'l
111',
7HH
HI
Ye.iterd.iy'
Hid Anked.
S.,i, N.lVi
HUH
31
nn
an
S3
1131 i
33'.
71'i
"!
im
OS
'73-5
HI
31
inn
r.i'.i
r,s
.is
S3
04 '4
31 't
71 'i
II".
I (it,
no
7itf
li 43 .,l4
37'. .17,, 37U
JO 3S 30,
II -HI -Ol'.i
:i:i .is .111
41i II ll'i
1ST. 1SH in
iieli nn lm'.i
11 n 1 r.-nai 7-iu
nv iiu 104
43'. I3H 43'.
Ml Ml Ml'.
HI', N.T, N.'l'f,
tlttj lit 1IIU
:is a? as
.S3 HI M
MANY DIG EQUII'.MENT ORDERS
Many Hundreds. of Cars Reinp; Built for.
Different Roads I
XBW yor.K. -luno 20. Orclcr.s for
frolRlit oqulpniont Just reported nRKrcRate
110 cars ntul nutstaniliiiK Inqulrlea cover
10,408 fielBlit. .11.1 mine anil 125 passenger
cars. New Inquiries Included In tlie above
rovor 120 tank cais for the Oeneral lqulp
ment ComiKiny, IB of the name type for the
Hullor County Oil Itellnlnir Company, and
undorframe.s anil pnils for elRht passenser
enrs for the Nashville, Chattanooga anil
St. l.ouls Itallronil. I
Phefiss, Diidge & Co. have ordered six ore
cars from the western Steel Car and Koun-
. dry Company. The Havana Central Hall-
road closed contracts for 200 three-ton. 300
tiveijty-ton flat anil 10 hopper cars with tho
Tressed Steel Car Company, which will
liuliil 100 tank cars for tho Standard Car
Construction Company. Tho Denver anil
Itio Grande ordered S00 box cars from the
l'ullman Company.
Other orders placed by tho Havana Cen
tral Include 290 Mat, ISO box, 25 stock and
20 caboose cars.
- Condition of U. S. Treasury
WASHINGTON', June 20. The condition
of the t'nlted States Treasury, according
to a statement Issued today, was as fol
lows: Net balance In general fund, $14 2,.
finZ.nriti; total receipts, $52. 747,338; total
disbursements, $40,546,421; deficit for tho
year, $15,179,214, exclusive of the Panama
Canal nnd public deht transactions.
Market for Sugar Futures Quiet
N'KW YORK. June 20. The market for
sugar futures was quiet at tho opening this
.morning, with first prices showing no change
from tho closing figures of yesterday. Sales
on the call were 100 tons.
KASTKHN ri:NNKVI.V.NI. I'mVKIl COM.
I'ANY B-YKAK (IT, CONSTKUCTION AND
ri'UCHAHi: .MDNl'V NOTr'S. due 1017.
rennsylviinla I'tlHtles CnmiKiny. successor to
KaBtern Pennsylvania Power Company, haIn?
not Hied the underslijni-d that, pursuant to the
terms of Art. 4 of MortitaKo dated January L'4.
101. securing the nbnve Ismie of Notes. It de
sires to redeem fiald Notes as of July 1, 10111,
the undersluned hereby mvea notlre that It has
drawn all of said Notes now mitstandlnir nnd
rails same for redemption at lolej, and accrued
interest us of July 1, mill
Above notes, with all unmatured eoupons nt
tn chert, should bo presented for payment nt office
of Trustee nn or after July 1, lOHi, when all
interest thereon will tense
(lIItAHI) Tlll'ST COMPANY. Trustee."
IIUOIIUK II. STl'AKT 3d. Treasurer.
rhlladclphla. I'n.. June IL', 1010.
Hccord May earnings of the Philadelphia
ttapld Transit Company, which wero la
sued nfler the close of the market yester
day, caused a fractional advance In tho
company's) trust certificates In tho trading
on the Philadelphia Stock Kxchango today.
There wns very little nctlvlty In this Issue,
however.
The gross" earnings of the company for
the months wero $321,210 above the samo
month nf lost year, being $2,9 1.370. while
tho net wns $239,149 above May of 19tB.
There wns a surplus of $279,770. which Is
an Increase of $240,868. The gross for 11
months amounted to $23,526,374. n gnlnWf
$1,679,408. and the net was $10,120,205, an
Increase of $1,27.1.354. The surplus was
$1,442,698, against $228,070 for the sante
period of last year, an Increase of $1,214,
628. The market, as a (whole, wns very much
better than during the trading yesterday,
virtually all stocks making gains ns com
pared with tho final figures of lost night,
the betterment being generally due, to a
better tone In Wall street, where thero was
nn active demand for stocks.
A fractional advance was made by Phila
delphia Klcrtric There were n number
of Btocks which were Unchanged, some of
tlieso being Insurance Company nt .
America, United flas ImprovLl.rth
I'ennnvivnt-it'i 01 r.-A.. !. .-,
""" " - I'icivii en,
Ana
tt.H4 - - . -"-.
,.V t"1 VffK anu snore, on which it,...
:". the
a frrtc
will be
? ha
rnmi
lo nnd Riiniik.. ."crnoon.
lost 2. A fractlonnl M ..... P.nWtA
. . " "h RnAWH t
jjhko suI)o.or.
iion. crnmp moved tip 1 n the
nuts jjuunin
ivlll be a 20 per cent, stock n iotment ,J
directors having authorized It, flu . , 'h,
linn r..M.. .....! . .. leU a fr.
af'emoon,
Preftrr
oo shown in
By tho declaration of n i1Iim.j .. .
cent, the Westmoreland Coal ComnaU P.6''
day put the stock on a .quarl.",0'
;: ""' "f '.'.'Vf ' ?relol?re eo declarS
semiannually
per cent?, nnd
The dividend dec!
the last one Imvxlng been u
was paid April 1 of this y?
ec ared Inrl-iv i ....t, '5ar-
1 to stockholders of record .I,,'. i5p' "
20.
Announcement wns made by Drei'ei p. n
today that after Thursday thev will v
picpared to exchange definite Lehigh vill
riSr?"?5'11'4 ,,crccnt nSof V oj
foi their temporary receipts. Pursuant !
such notice, the Stock I,ist Commltu. .1
nounces that Messrs. Brexcl & Co VeeeU?'
for I.ehlgh Valley rtnllroad Companv i
einl consolidated mortgage 4'4 p?r c?nl mm
bonds, due 2003, will be stricken Z'?d
unlisted department of the exchange St u2
close of business June 30. ' l lh
sm
Financial Briefs
Hanks lost to the New York Siibtrcasury
vesterdav, $2,325,000, but gained since
Friday $11,127,000.
Cold coin to the nmoiint of $250,000 has
been withdraw n from tho New York Sub
treasury for shipment to Cuba.
The Ttaldwln Locomotive -.AVorks has re
ceived orders for the following locomotives:
One 2-6-2 typo for Deer Island Logging
Company, one Consolidation type for Louisi
ana nnd Pacllle Hallway and two 0-6-0 type,
for McKcesport Connecting Kallroad.
George C. Thomas, member of the Con
solidated Exchange, has purchnsed tho New
York Stock ''xchangc seat of tho lato li. P.
Slayback. Price paid Is said to ho $05,000.
Several Chicago Hoard of Trade member
ships were sold lato last week for $4200
each net to the buyer. This Is an advance
of $200 over last p.'evlotis sales and tho
high point of tho year, which was previously
reached several months ago.
John K. Scattergood tins posted his mem
bership In tho Chicago Board Of Trado for
transfer. '
Tho Chesapeake anil Ohio Railroad Is re
ported to be In tho market for 1500 box
cars. .
The Public Servlco Commission has re
fused the claims for reorganization expenses
of the St. Louis and San Francisco Hallway
About $5,500,000 was submitted by tho at
torney for the reorganization managers.
The New York Coffeo and Sugar Ex
changes will be closed on July 3.
The Laurel Oil and Oas Company has
declared a monthly dividend of j of 1
per cent, nnd nn extra dividend of of
1 per cent., paynble .lime 20 to stockholders
at the close of business June 20. These
dividends are at the same rato as paid
last month. - .
The Pennsylvania Utilities Company has
given notice that It has drawn all the East
ern Pennsylvania Tower Company's five
year 6 per cent, construction nnd purchase
money notes, due 1917. now outstanding,
and calls the same for redemption at lOt
per cent, and accrued Interest, as qf July
1. 1916. The above notes, with all unma
tured coupons attached, should be presented
for payment at tho Glrard Trust Company,
trustee, on or before .liny i. mio, wnn in
terest on tho notes will cease.
wlM0
BAR SILVER
In London bar silver today was quoted nt
30ttd.. ll decline of li-llld.
' Commercial bar sllier was nuoted In New
York today nt OIVlc, n decline of He.
ELKINS, MORRIS & CO.
BANKERS
Land Title Building
Philadelphia
High Grade
Pennsylvania Tax Free
Railroad Bonds
Equipments
and
Public Utility Bonds
j nam Kits
NKW YOUK ANO I'lIIL.VDIOI.I'IIIA
STOCK EXCHANGES
1'iiil.aijiswjiia CO. EARNINGS
Tho Phllnrlelphl.1 Company nnd nfrmi..i
ntlnu ; companies make th follow. Vid.wt
rl1ined by departments, for tnrnonlh 2reP..r
PrecedKd W"h ""'"no"''- oV
NATUIlAt. OAS UUPAltTMnST.
April RrosB JSni'aTi IKE'"
i... L.::.: . 1 1 123.M1
Net
April BTOSs
Net
OIL
nEPAlmiKNT
Jso.nn?
i.i, ins
5.554
e,23
KLECTItiC l.lnitT & lW'.nt'KPAnTJIENT
STItRCT HAILWAY niw.lnw,..
Arn-d . . ......irj. 1.
Nct ll'.I.OOT
TOTAL ALL COMPAvibu
5S.182
I4S,43()
U,10l
April nro.s
ct
$2.ni4.s.f
1.2110.710
1301,23$ .
280, 1SJ -
NEW
N
S'EW YORK COFFEE MARKET
WW YORK. Ju-no 20.-TI,e coffee ..
m
ket was firm this morning and first PV
showed advantages of 1 rn 1 i '?. li.rlc"
i"S250nba'gs"VO SalCS " th I
The niarket continued active after thi
call and brokers with cotton exchange con!
nectlons nnd Wall street Interests wZ
buyers, presumably for Investment account!
Sa es were about 2.1,000 bags at 11 S
with prices on active positions about four
to live points net higher.
Juno
July
Ausniat
September
Ortober
November
Deeemher
Jnnunry
l-'ebruary ......
March
April
May
Mild. tAeked.
S:i?S!!.yi; .?:i8-
R.:t.-ws.:i7 s;3n
S:"g!:i? Aom'"
H.r.nsus.ni ts.si
R..-.li-rH.,-,s 'Sjit)
8.(1108.0.1 S.CJ
8.71rs.7't
S.IOW8.77 8. 7B 08.79
.mi8.;
Tax Free Investments
Our June Investment List de
scribes, with other desirable
issues, Rock-ford (Illinois) Gas
Lifrht & Coke Company 1st and
Refunding Mortfrap;c 5 Bonds,
which, at present prices, yield
nearly 5, and which, in ad
dition to ample property security,
.are guaranteed, principal and
interest, by a strong controlling
company.
The circular will bo furni&hed'
on request.
Edward B.Smith &Co"
ESTABMSnUD 1S02.
BANKERS
llrmtcrs New York and Philadelphia
Stock Exchanges
1411 CHESTNUT SlBEET, IUIt.lDEL?n4
30 PINE Stueet New Yoi
w
I
WANTED-RETIRED BANKER
A financial Institution now forming,
Including men of the highest standing
and prominence, has places on Its Board
for two or three men of banking ex
perience Tho connection Is one that
will irrove well worth while. Full In
formation exchanged In confidence.
11 s.-.t, i.i:i)c;i:u ckntiiai.
:
v4wNa tc aftLHUJkJi
kURING the time
occuDied in t h e.
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.
j9-'S If P S'
Tin ijy'-JnhuiJiil
m
Logan Trmt Company of Philadelphia Building
I About to Be Erected
PATRONS will find every department ready to
a 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 Company
of Philadelphia
Rowland Comly, Prcs. William Bradway, Trcas,