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FINANCIAL NEWS
i. ... . .a i
STOCKS BREAK ONE TO SEVEN POINTS
IN AFTERNOON AFTER MORNING RALLY
Favorite Specialties Sustain Largest Declines and Rail
road Shares Follow Suit, Showing Losses Ranging
From One to Two Points
High Points in Today's Financial News
Bank of England discount rate 1 per cent, to 6 per cent., being first change
since August, 19U. $3,000,000 addtionat gold arrived in New York from
Canada. New York and Honduras Rosario Mining declared extra dividend of
2 per cent, Fajardo Sugar declared extra dividend of 10 per cent. Price of
bat silver higher in New York and London. Uank of France gained gold in
week, but lost silver. French rentes higher. June gross earnings of National
Properties subsidiaries larger. Laurel Oil and Gas declared extra dividciid.
NEW YOMC, July 13. -
Tho character of the rally In the stocks yesterday and this morning in the
first hour from tho recent low levels was moro clearly defined In the early after
noon today, when violent breaks In quotations were recorded In a number of the
favorite specialties, Including omo of tho new "fancy" Industrials.
Tho BCatcd bttylnrr which accompanied tho covering of shorts In tho rallies
disappeared and losses of 1 to 7 points or moro were sustnlned. In some cascH
the declines were so treat as mentioned from tho low flstiros of Inst week.
Experienced observers In the commission houses had warned the outside public
of tho still precarious position In some unliquidated specialties and that a further
break was not Improbable.
It was especially discouraging to liavo stocks like Reading, Union Pacific,
New York Central, St. Paul and othorH of tho standard rails relatively ns weak
as tho moro volatile speculative favorites. In tho railroad list declines of 1 to 2
points or moro took place, and In the Industrials such declines took place us United
,FruIt 6, Willys-Overland 3$4 and Mercantile Marino preferred comparing with tho
low of lost week, Studebakcr 7, Industrial Alcohol 4, WustlnghoU6o 2, Cruclblo G,
and 1 to 3 points Jn a number of other Issues.
The market was moro actlvo than yesterday, particularly on tho decline,
and at Intervals thera was little or no indication of support. As hns been the
case right along, Utile or no attention wns paid to tho news dovclopntcnts.
Dank of England Raises Discount Rate 1 Per Cent.
LONDON, July 13. Tho Hank of England today advanced Its minimum rate
of discount 1 per cent., to 6 per cent. This Is the first tlmo slnco August S, 1914,
when, tho rato was reduced 1 per cont., to G per cent. The weekly atntcment of
tho bank shows total rcsorvo 41,858,000, decreaso 547,000; circulation 3u,9S3,000,
decrcaso 378,000; bullion 69,397,000, decreaso 924,000; other securities 81, 22.", 000,
decroneo 14,581,000; other dopostts 92,397,000, decreaso 11,107,000; public deposits
54,920,000, decrcaso 4,02,000; Government (securities 42,187,000, unchanged. Tho
proportion of tho bank's rcscrvo to liabilities Is now 28.10 per cent., against 20.08
per cent last week and 17 per cent. In thltt weok last year.
Honduras Alining Declares Extra 2 Per Cent. Dividend
NEW YOniC, July 13. The New York and Honduras Ilosurlo Mining Com
pany declared the regular dividend of 3 per cont. and an extra dividend of 2 per
cent, on Its capital stock, paynblo July 24 to stock of record July 14.
$3,000,000 More Gold Comes in From Canada
NEW YORK, July 13. There was received at tho Subtreasury this morning
- ?3,000,000 In gold coin from Ottawa, consigned to J. P. Morgan & Co. Tho Sub
treasury has transferred 1800,000 in gold to Cuba.
Fnjnrdo Sujrar Pays 10 Per Cent. Extra Dividend
NEW YORK, July 13. Tho Fajardo Sugar Company has declared tho regular
dividend of 2& per cent., payable August 1, and an oxtra dividend of 10 per cent.,
of which C per cent. Is payable August 1 and 5 por cent, paynblo September 1, all
to stockholders of record July 15.
SHARP DECLINES
IN CURB SECURITIES
Higher Price Issues Are Offered
on a Heavier Scale Many
Stop Orders
NEW YORK. July 13.
Stocks again broke sharply on the Curb
today especially the higher-priced Issues,
which were offered on a somewhat heavier
scale, with the selling said to be of a good
character.
Rumors that largo banking Interests wcro
advising the sale of motor laauos wero cur
rent and those stocks broke wldo open and
later this was extended almost throughout
tho entire list. Stop-loss orders wcro oxe
cuted on the decline In numerous cases,
while somo covering developed when low
levels were reached. Ralllos In nearly all
Instances were of small proportions.
Chevrolet Motor continued Its wldo
fluctuations, and after opening up 3 points
on rather heavy Belling by Stock Exchange
houses, it broke 22 points to tho lowest
price jn a long period, later rallying 6
points on covering by traders. Peerless
Motors declined 2 points. United Motors,
after an advance of a half, broko 4 Hi.
White Motors, after a show of firmness,
declined 1. Mitchell Motors moved within
harrow limits.
There was fresh liquidation In Aetna Ex
plosives, which declined Hi to a new low
record. Oaston & Wlgraoro was down .
Mtdvale Steel showed resistance at the out
set and after advancing nearly a point,
dropped off 1U. Curtlsa Aeroplane, on
small transactions, fell 10 points. Driggs
Seabury, after an upturn of B points, eased
off 3.
Oil stocks wero less conspicuous and
somewhat Irregular. Cosden Oil shares were
Ann with narrow price changes,
SUnlne Hliares were reactionary in sym
pathy with tho balance of the list.
INDUSTRIALS.
Did. Ak.
Aetna Biptoalve ! jjjji
Am Brit ilfs ' 5a St?
Am .Marconi 3H 31
Canadian Car Co .. J.-' JO
Can Car Fdy pref JJ
Chevrolet Motor -"
CurtlH Aeroplane -S sa
Drtg-Seab .,,....,., 100 110
KUenlohr Tob j
da pref "".,
Emerson Phonograph 1"4 llja
Flemish Lynn ,'
Haakell & Darker Car 83 3(1
Hendee Mf -J 5;
Inter Mer Marina -- -
do pref .... .?
KalhodUn Iironu pref ...., SI S3
Maxim Munitions 0 o
Manhattan Tram 1 .
Mldvale Steel ,.,,.,,.3Jk 6Ht
Otl , Elevator , gj 60
1'eerlesi Motor ................. -
Poole Engineering ..., S3 103
6 Kreex w 1 ,,, JO lOVi
titandard Motor gH gH
Bubmarlno 33 55
Ktuti Motor tSUH OUH
Triangle Kiltn ., ,.....,. -,i -
United Profit Shirlng .,,.,...,,, V H
United Motor .......,.,..,,..., 88U S8V-
U S L 4 Jl com ;Ji $)t
do pref ,....,..,. gu '
White Motor 8!H &
World Film 1
STANDARD OIL STOCKS.
llllnola ..., 1JO "S
Ohio .....234 2311
Prairie l'lp , 211 213
Btandard Oil of California 20.; Zit
Standard Oil of New Jrey 524 BSd
BUndard Oil of New Tork 2ot 20d
OTHEn OIL STOCKS.
Coiden A Co' ,. 21 21V
ChalnwrajOll i .,
Inl.r f.trol'Uin U W,
Houaten Oil M 17
MUwt Hef ? 63
Sapulpa Kef , U IS
MIN'INQ STOCKS.
Atlanta ... ,10 13
llutto Copper Zinc H Si
iwtto n V t ii
4'err i laiM 3S SB
Flrat National 3 3U
Oeldfletd Merger .... J JO
Itecla Mlnlnj , S JU
Kawe 8oan4 -...
Jim Butter ; J3 eg
JumLu Utt.njion T4 J8
McKlnky Darrah go oi
Utama Copper. 13 It
Klplaabuc .., V .T
San Toy ..: 14 1.,
Stiqwi La4 g I3
Wriid Coa 83 82
Vtlta UakJ SH 8
B0ND3.
Cerm i 107,, 111
M14Tala7Sa MW 8
I4VE STOCK QUOTATIONS
CHICAGO. July. 1 J. HOOB Iteeelpt. 1T.OOO.
MariUt. 1Q-I&. hCjoer Mlied and batcher.
(jiUUSlO.Sa: od heavy 9 WVljLU: rouak
B"nu fijpsHl.aB. . no. belfar. H
i--li7rjE3iK IS - Majr.t .tetdy, Na
t ,-i maMA l.r,iS.Sa Uudu. 7T5
il
New Yoi-ti Bond Sales
Hlh. Low. Cloen.
tlOOO Allrsh Vnllry 4a I'clS. 1111 HUH
. 101)0 Amer Aur cv C li)2 lHJ1. lll'jj
lOiiniiU Anslo-Krrnch 5a Ii.l'i !.", UAU
0(lll() Amer Tel clt 4 1IH Hlji lilAJ
7(100(1 dunlin Ids', ltist lux',
mono Armour Cu 4Vm 113J4 11:1 4 u.lK
UOOO Atchlaon Ken i il'M 1)2
SIIIIUU do rv 4a lUtill 1(I4 1IMU llUji
3O0O Ualt 4 Ohio DM II2 U2f 1)2
18000 do B l()(i llio'i lllll'I
211000 ito cv 4H nn t)4'ii iii'
SWino I140 I' LKAWV 4l... N7 Mil ml.
1P0O llctli Steel rfj Aa loo;,, Illil'I 10Di
100(1 llroolc I'u l;iv lot r.a.. lllll i lliou l(io,
170(10 Con tlov In IU21 UUS !)US. !IUi
isono iio 1V3I look 1011V3 loo1:
4000 Col On & lllec 3a... UbjJ lis), u''j
liHKin Canada South (i Krjti 102'J 102';
3000 Cent Leather lm .. .1011 liil'! 10l4
iomi Cent I'ac lat 4 I'M! Ht W
4000 Cent II It N J reu Be. .11(1 1 lit lilt
10000 Chill Copper 7 124J4 121 121
UOOO ChfH 4 Ohio cv 44. . . MA M3 h.",-.
100(1 ' do iVie W, IMl'I ll()4
22000 ilo fonv 5 II4' HI1 1 IM'I
2000 Chi (It Went la 7(1 7II 70
S200D t.'hl 11 A q Joint 4a... UN W.i oh
S00O C M & St 1' rM 4Ha.. I)li 01 Uli
1000O ilodlv.l" 01 UlS tilf.
0(10(1 Chi II I 4 1 rfd 4. . . 74Vi 744 74U
01000 do 3 (IS 02U I2U
2000 Col & South lat 4k. . . Ill Ul 111
3000 do 4a M.'l'.i n:iU :V,
21000 Chi Un Htn ....loo HUH 10"
1OU0 Corn l'rod 3i 1034... 03 ti.l'J H.1'4
1000 Ue) 4 Hud rfd 4a lull! D.i'i lull!
hOOO Urle conv 4 Snr D... KRVi t5'.t C5U
4000 Oen nlfp doh 8a In.1 103 KM
11000 Den & Hlo Or 4a 7KS 7dS 7KH
1000 do rfd r.a 0!lI U) llS
1000 Detroit United 4iin... hoJ, sou. sol
lOOl) Dla Secur Corn 5a..-. 744 741J 74(
SHOO Hud & Man rfd na . . 71 71 71
3001) 111 Mtre'l deb 44a ... 1)0', 110 DllH
1000 Indiana Htcul 3a lllli lillS HUH
000 Intcrb It T ref tta . . . lnt lis, -oH
141(im Int M M ct 44a ...101U 103H 101
2000 lnternl Tain-r cvt 3a. 02 02 02
300(1 Japancso 4Vn t'.'l'k 80 Kit
17000 Kan City Tcr ,lt 4a. 871. 87Ti HV.i
000(1 Lacka Steel ."a '30 . . DOS 01)1 llllH
3000 Lk Sh deb 4a '2H ... ,1. 11.". !i:,j,
1001) do 4a '31 U4H II45 Dl,
1100(1 t.oul 4 Naah 4a ... tittt 04 Ol'i
UOOO Minn 4 St I. rfd .1 . . IIO (III tm
400(1 M St I' S A M 4a ... )'.' 02 l2
2000 Mo Kan 4 T lt 4. . 73U 73U 7flU
11000 Mo I'ac 4 32 32 52
4000 N Y Air Uruke cvt (la.l()3Vi 103W lost.
4000 N' Y C L S 3Ha re.. 741, 74Jj 74W
37000 NYC II (la 112U 112 112J
1)3000 do 8W R2S 82 () 82S
Boon do 3? rea- 81 81I 81J
10000 do 4(5 (134 U3 i U3 ,
300(1 N Y C 4 St L lat 4. O.lVS D3W Id ,i
800)1 N Y City 4a 103U ...100 100 100
300(1 do -itta '113 1D7H KITS KrH
10000 do 4tf '83 10S HIS 10S
1 KlDO N Y O II 4 I 3a . ..101'i 104U 1II4H
7(10(1 N Y llwy ref 4 7ni 70S 7H
107000 N Y Itwy adj 3a ... 311 .'. 60
11000 N Y Tel een -tVa a ..08 0774 07'
7000 N Y n C 4 II 4Vj.. 74i 74U 7-1
2000 Nor Pao prior 4a . . . 91J 01i 91i
300 do sen 3 (Ul flilH -(
7000 Ore Short L ref 4 .. Ol'V Ol'J Ol'i
nnoo l'a ten ct 4Ha lOlti 101 (J imvi
7000 Peo 4 Eaat In 4a ... 3(1 3d 88
loon People' Uaa .1 . ...10ii. l()oi lonK
23000 Itepub Cuba 3 'H.. 07 07 OT
3000 Hep Ir 4 S 3a 07 'i 07 "i 0 ,
3000(1 St L I M & So 4a . . HI 81 81
11000 SU.4SF rfd ct ata 4 73 74H 73
2200(1 do Ken ct 4a 72W 72 T2H
2000 do aja w I , H3iJ S3 83
12000 do Ser A w I 7(i ouV ';
4000 do Ser U Wl 63i 843H 83H
2400O do In W I 334 83 ft"
20000 Seaboard A L adj 5a. 67H 67 07
2000 do rfd 4a 7fi 87 07
8000 South Hell 3 HKlil 100H 10IM
18000 South Pac cv 4a ... 87 87 87
80OO do cv ret f p Ba ...103 103 103
4000 South Itwy gen 4 .. 71 71 7'
6000 do con 8a 101 101 101
1000 Texaa Co cv 6a 104 104 101
3000 Third Avo adl 5a ... 70 70 70
800 V 8 Oovt 8a 100 10O 100
1000 U S Rubber 6a 102 H3 IO-jL
4230(1 U S Steel S V 64 ...103 104 103
6000 Un Pao let 4 0A 06 11
10000 do cv 4 03 03 I"-
jnoo do rfd 4 80 80 Kn
1000 Va Car Chm lat 5. OH 08 08
1400(1 Va nwy 3a 11a lit
r.lMio Waliaib lat 5a llk.1 inn 1t'
10011 Wab-l' T Jet ot 4a f p S3 83 31
Wl) WVit Md lat 4a ...T7! 72 72H
1000 West B 4 M cv Sa ...114 It t 114
IOOU West Share 4 00 00 00
NEW YORK COFFEE MARKET
NEW YOruC, July 1J. Further pressure
of offerings in the market for coffee fu.
tura caused a ' sagging tendency at the
opening and first prices showed declines
of 5 to 6 points. Trading- was only moder
ately active, with sales on the call 4C00
bags.
Later in the morning the market showed
heaviness, with prices a point or two bo
low the opening on eoattered selling; by
the trade. There was Investment buying on
the decline by Reading outside Interests, but
trade was light and the, market lacked ag
gresslveneas. The Brazilian cable were. Unfavorable
from the buyers' standpoint, and the fact
that firm offerings from Brazil wer some
what lower had a tandanoy toward lower
prises. The local market was quiet and
jluIL but with Bio No. 7 unchanged at 9.
Today Yeterdy'
opening-. cleaa.
July .lSj8.20
Auut .i 8.26BS.S7
September 8.31S8.33 3.3398-38
Ojtobtf 9Ai 8.38.30
tvemuer i-:i, .. 8.428.44
VicoxUc 8.4048.45 DAl&S.li
Jaaiwry S,3JS.S
Vesruanr ;.,..,. S. log 8. 60
March 8. B 3 6.81 fi.04fli.ii
April ... il0f70
May a08.H s 7S 7S
lua o-70 S.p0.8l
EVENING LEDGEK-PHILADELP&IA, THURSDAY; JULY 13, 19X6.
New York Stock Sales
Lait coo. itlith. Lew. Clear.
AcmeTM........ f,2 62H 52H MM
Acme Tea 1st pf 07J( 07 07 07
Alaakn J (told M V.t 7H 1i 7t
Alas)c3 Gold Mlnci 17H 17? 17JS 17H
Allls-almersMfi...... 215 iH 20' tOH
Am Ilc(ti3ujf.. 01 02 87 S8H
Am Can. , 62f 53! 51U 63
Am Can pf .....100 100 100 100
Am Cat ti Vis 53K. MH Vl)i G2Jf
Am Coal Troducts 130H 139 l.TIM 135
Am Cotton Oil CI 63 63 6-3
Am Hide & Leather 10 10 10 10
Am Hide & I, pf 60H 60U 601 60?:
Am Ice Securlllos 293 20J 29H VH
Am Unseed SH lb!i ISH 1BH
Am Locomollvo 02U 02!f COH GO
Am Iicomotlro pt 09U 09J IIOW OOM
Am Malt Cotp'n rf 37W 37li 30!i MH
Am Smelt & lief 02H 1K3 OO.'i IK3
Am Smelt pf A 02)4 02M 02X 02M
Am Smolt pf n SI S4)t SiH MM
Am Steel Foundries 45)5 45! 45)f 45!f
AmTel&Tel 129M I295f 12!) 120
Am Tobacco 200 200'' 200J 20ilJi
Am Woolen ,....43U 43!i 4.3 43
Am Willing 1 pf 2.3 23J 23j 23!
AmZlncLASm 30Jf 32 .31 .31
Am Ztncl, ASm pf .... MJf 015, 01H OISi
Anaconda Cop M 70H 80 7H!i 78M
AtchTopftSF 104!fi 103 104U 104U
Alch Top & S V pf Oil 09 1)0 99
AtlGulf&WI 67), CO 67)1 CS
All Oulf & W I pf OUi 021 01 01
All Cent Mno 112 112)4 112)5 112M
llald Loco Wks 70)j 71)4 08U 09?(
Halt & Ohio sn.'i 80)4 S0)S9)
llalopllas Mining l'f 1)5 04 M5
lletlilehcm Steel 44.3 4.31)5 410J4 434W
llrun? T ft n It see 0!f 7 7 7
Ihitto ft Superior 02)5 01 0255 C3
Cal Petroleum pf 45 45)4 45)4 45)4
Canadian Pacific 170)4 ISO 178 17
Central Leather 6.3M 61)4 5)!f 63)4
Chandler Motof 107, 107)4 101 101)4
Ches & Ohio 01J4 02U 01 01
Chllo Copper 20)1 20 2n 20
Chlno Copper 4011 47 40J5 40Ji
Chi It I ft I'ac 20 2024 20 20
Chlcaco Oreat Wot pf . . .30)4 30 30 30
Chi Mil ft St Paul 00)1 07)4 00 00U
ChlStl'M&O 122)4 110 110 110
cccftWL 51 i" ran 63)4
Chi ft Jforlhweslctn 128M 123 128 12S
Col Kuel ft Iron 1235 4.3'i 41Jf 42)4
Col ft South lit pi 68'i 58 68 68
ComptTltecCo 11 41)5 41 41
Continental Can 03!4 03)4 0.3Jf 03!i
Consolidated Oas 13,3 13.3 13.3 13,3
Corn Products K.'f 1.3f 13)5 13)4 1314
Corn Prod Hef pf 01) 00)4 W IK)
Cruclblo Steel 70)4 "l'f 07 07)4
Cuban-Am Sugar 225 22 225 225
Cuba Cano Sujar 5SJ4 50?i GG) 57!f
Cuba Cann SiiRir pf 04)1 01)4 03!4 0.3)4
Delaware ft Hudson 151 151 1.11)5 151)4
Denver ft lllo Or pf.... 34U .34)4 .33 33
Diamond Match 109 110 100)4 100)4
Distill Sec Corp'n 41U 41)4 41 41
Klec Storajo Uat 02)4 O.'H 02H 02H
Erie 35 30)5 35)4 35)5
Erlo 1st pf 6.3)4 51 63)( ffilW
Erlo2dpf 45 4415 41!j 4l5
Oen Clumlcal 290 302 302 302
(ieneral Electric 105 105)4 104)4 104)5
Ccneral Motors 60t 6TJ 490 600
(ieneral Motors pf 112 110 110 11(1
Goodrich II V 7.3)4 73)5 71 71
Greene-Cananca 43 45 43 45
Great Northern pf Ill) 110)f 11SH 11814
Gulf States Steel 78 78 78 78
Gulf States S 1st pf 90 02,' 02)5 02J4
Gulf States S 2d pf 85 81 81 81
Illinois Cent 101)4 1(M?4 101)5 101)5
Int Acrlcultural 16 12 12 12
Int Agricultural pf 13)5 43 30)4 34)4
IntllarvNJ 11.3 11.3 11.3 113)5
Int Con Cor v t csh.... 10!f 105 10,' 10H
Int Paper 1.3)5 1.3)4 1.3 1.3
IntPaperpf 0135 02 01 01
Imp Con Cop 50)4 51K 50 50U
IntMMcofdcp 22 2,3)4' 22)4 22!f
IntMMpfcofdp 82)4 S4!f 81)5 82
Int Nickel v t ch 43Ji 40U 43)4 455
Kelly Spring Tiro 71 (19 07' (8
Kennecott Copper 45 46)5 45 45
Lade Steel Co 0S 00 (i8-4 C8!i
Lehigh Valley 78)4 70 7H 78
Lee Itubber Tiro 15 44 41 41
Long Island 37)4 37' .37 .37
LoLisftNash 132)5 132H 132)4 1.32)4
Mahattan Shirt Co (10 02 02 02
Mackay Cos pf OS 0i'!4 0J4 07H
Maiwell Motors 70S 74)5 09 (?4
Maxwell Motors 1st pf.. t'5)5 83 83)4 83)5
Masell Motors 2d pf.. 5U5 ,V4 62 1t
Mexican Petroleum 09 100 90 00
Minn St I ft S S M . .. .12014 120 P.'S 125
M St P ft S S M I 1 . .. . 71 7 72 72
Minn ft St Louis 5 5 5 5
Miami Copper .3.3)5 3.3' 3.3 33
Missouri Paclflc 04 0'4 0 0
Missouri Pac tr cfs OSj 0)5 0 0)5
Montana Power 00 8) SO 89
Nat Cloak ft Suit 75 744 74 74)5
NatEnam&SCo 2.3 22 22 22
Nat Lead Co 03 03)4 03 0.3
.VovConCop 10)5 10)5 10)5 10)5
Ncu' York Air Hrako.... 123)4 12014 122 lis
N Y N II ft II 01 01 00. 00
New York Central 103)4 101' 102 102'
Norfolk ft Western 130 130 129 12.1).'
Norlnern Paelllc 112 111 111)5 1IU5
Ontario Silver Mln 0 04 0 0'
Penn Hallroal 57)4 575 .17 -"i7
Philadelphia Co 3S)4 3S)4 3S)4 .34
Pllts Coal Co N J 28)5 2 27 27
Pressed S Car Co 41 414 13 43
Ry Steel Sp Co 41 42)4 414 41 H
Hay Con Copper 2l)i 2Ui 21)4 21-i
Heading 00.4 II7J5 05)4 Ui!S
I!eadlng2dpf 45 41 41 41
Itemblle Iron ft S 43 41 43 4.3 4
ShatAriJCop 23 25 24 25
Seaboard Air Lino 1,1 10 10 10
Seaboard Air Unj pf.... 38 3S 3S .38
Sears. Hoe ft Co 187 168 1BH 18?
bouthern PaelHc 974 'J7H 97 07
Southern Hy 21 214 21 :U
Southern lty pf 08 CO 0SJ4 09
Standard MUIInj rts 4 4 4 4
Studebaker Co 120)5 127 120.4 121
Tenn Copper 30)4 30 2735 28H
Texas Co 190 100 185 185
Texas PaclOc 124 12. 12 12.
Third Avenuo 054 05)4 03 01
TnlnCltyltT 97 97 07 07
Union Ilag ft Paper 5)4 5H 54 6)5
Union Hag ft Paper pf . . 304 .30)4 20)5 3 :i
United Cigar Stores 01 04 01 Ul
USSmltftM 074 074 CO 00
U S Sm H ft M pf 50)5 0 60 50
Union Paelllc , lOH 13J5 137 137JS
U S Ind Alcohol 101 105 90 103
United Knilt 15.4 151 151 153
US Itubber 52 524 514 515
U S Steel Corp'n 81)5 85 8.14 83
U S Steel Corp'n pf 117 117 117)5 117H
Utah Copper 75 70 70 70
Wabash 13)5 13 13)5 1331
Wabash pf A 60. 604 504 60)5
Wabash pf li 27 27)5 27 27
WcstK&M 55)5 50 53 il
Western Maryland 2M5 28 2S 28
Willys Overland 71 70 C3 03)4
Willys Omland rf 100 108 105 105
Wisconsin Ccutral 50 51J5 60)5 514
Woolwotlh F W 1344 1344 134 131)5
Camden Boy Scouts Incorporate '
Articles of Incorporation were filed today
In Camden for the Greater Camden Council,
Boy Scouts of America. Among the In.
corporators were 12. II Head, Jr., president
ot the Camden Board of Education; E. L.
Bartelt, clerk of the Board of Education;
Sheriff Joshua C. Haines and William T.
Heed. State Treasurer.
GOVERNMENT BONDS
1114. Aaked.
2 resUtered 11)30 1)8 l)U
: uouboii 1030 1)8
3 reifiatered IDt 100 101
3a coupon 1018 100,, 101
4 rletere4 1925 109
4 coupon 1U23 :-:l: 10
Panama g renlitered load in ,,
Panama 1' realatared 103 88 ,,
Panama 3 resUtered 11)01.,,,., lou
Panama 3a coupon 100 . .
1000 XEW JERSEY TEACHERS
ATTENDING SUMMER SCHOOLS
THKNTOV, July 13 The enrolment of
the summer schools In New Jersey this sum.
roar has materially Increased over that of
last year, "Salvia N. Kendall, State Com
missioner of Education, announced today.
At the Ocean City school between 600 and
700 teachers are registered ; at Colllngawood
there are more than 400 ; at Phllllpsburgr.
about 125 ; at Newton, 80 ; at Freehold,
about 70. There Is also an enrolment of
C70 teachers at the ltutcera College sum
mar school at New Brunswick.
This makes a total ar'spproxlmately 1900
teachers who are taking summer school
work In the State for the purpose of bet
ter equipping- themselves. In addition to
ttns lumber, probably 400 teachers, from
the Jute ire attending summer schools
outsida of the State, making altogether -total
of approximately 2)00.
RENEWED BUYING
SENDS WHEAT UP
Commission Houses Enter Mar
ket More Actively No Damage
From Black Rust Yet
CiltAIN BELT 1VEATI1KR FOBKCA8T.
ClItrAOO, Jnlr IS.The nrnther foreeant
far SA hour follow:
North, nnd Sooth DnVola Fair tonhtht
and IldTI warmer tonight! eooler Friday,
Minnesota tlenernlly fair tenliht and
jrrianri conunnen warm.
Illinois, nnd AMnfoniln (lonrrallr fair lo-
nlffhl nnrt
MIourI nnd Iowa flenerallr
irinnyi rooier extreme norinenei.
fair and
rontlnnrn wnrm lonlahl nnd Frldnr.
nnnnn nnn .e nrnun tifntmnr iir io
nlaht nnd Frldan wnrnier tonlnht.
CHICAGO, July 18. Ronewed buylns;
strengthened tho wheat market In the final
dentlnss today after It Wl declined below
yesterday's close, following a stronger start.
Thero wns quite a rURh of bujlnn by com
mission houses In the early dealing's, based
on an ndvanco In Liverpool, continued warm
weather In tho Northwest nnd prospects of
llrtlit shipments for tho week from Aus
tralia nnd Argcntlnn.
Exports from tho latter country were
catlmnted nt not tu excess of 1,600,000
bushels. It Is still difficult to get tonn.iBO
everywhere. Proflt-taklngr on a liberal
scale followed, with reports regarding
black rust In tho Northwest less sensational.
Somo of the houses that recently wero most
active In disseminating tho bad news
liquidated.
A leading firm In tho Northwest declared
that while reports nbout black rust from
North and South Dakota had caused consid
erable anxiety, nnd admitting there may be
Indications of rust, It believed that no act
ual damago had yot occurred. Other ad
vices from tho spring wheat bolt declared
that tho outlook for t lie, yield was excellent
and that tho outturn might he 300,000.000
bushels.
Omitting Rumania nnd Russia, Broomhnll
cstlmntcd that tho totnl surplus of other
oxportlng countries would ho 018,000,000
bushels, agnlnst 602,000,000 bushels last
yenr.
Corn finished higher after receding fol
lowing nn ndvnnco at tho outset. There
wns some good selling pressure, largely on
the new crop, but nulto a lino of December
was picked up, presumably for Eastern
account.
Tho market nt Liverpool was dull but
firm. Thoro was talk of a reduction In tho
area In Argcntlnn. Shipment from that
country for the week were estimated at
only 850,000 bushels,
Oats were Irregular, following firmness.
July nnd December ended n llttlo lowor,
while September closed unchanged. Ad
vices regarding tho crop In Europe lire un
favorable, tho result of unseasonably cold
weather.
Lendlne future ranged as followB
Wheat-
Ycs'day'
Open,
l.ioji
llllth.
Low.
1.011,
l.Ul'4
July
Mont
Deo 1.14S4
Corn (now
vv ni
clivers')
July..
THU
74',
(13 ti
:d
Kept..-. .
Hoc
Oats
July....
Hopt.. . .
lc
41 U
Laril
Julv 13
20
Hi-nt 13.4
Oct !. 1U
lllba .
July.... 13.40
g.-pt... .13.33
tis.no
13.57
12.1.02
24.82
13.37
I'ork .
July... 23.no
Sept.... U4. 83 !
Hid. tAelced.
(Nominal.
Wheat Higher nt .Liverpool
LIVERPOOL, July 13. Spot wheat was
firm today with No. 2 hard winter quoted
nt 10s. 9d. : No. 2 red winter, 10s. lOd. :
No. 1 Northern Manitoba, lis. 3d., and
No. 2, Northern Manitoba, lis. Id., all up
2d. Corn was Irregular with American
mixed quoted nt 10s. Id., a gain of Id., nnd
Plato at lis. 4d., a loss of Id. Flour was
unchanged at 40s.
COTTON PRICES WORK LOWER
AFTER A VERY QUIET START
No Response to Favorable Cables and
Unsettled Weather
NEW YORK, July 13. An extraordi
narily qulot start was mado on the Cotton
Exchange this morning. Thero wero only
seven or eight trades on tho call. The tone
wns steady, with prices not making a full
renpotiso to the favorable cables, showing
advances of I to 5 points. No transactions
wero recorded In March or May.
Ono important room operator who Iiob
been persistently bearish for a weok or ten
days was tho host buyer this morning. Liv
erpool purchased a mall lot of January.
The selling was scattered.
After the call a slightly Increased supply
did not find mitllcient demand to absorb It
and prices fell 2 to 3 points.
Ilulllsh crop ndvlces from eastern and
southwestern points failed to stimulate
activity In the afternoon when prices held
about steady at n net advance of 4 nnd 5
points on a narrows room Interchange.
Trado interests were small buyers.
ToxaB June rainfall, according to of
ficial reports received today, averaged 2. IB
Inches, or .'J I of nn Inch below normal,
while temperature:! during tho last month
averaged 71.8 degroes.
Arrivals of cotton at New York today
were 4C23 bales Including 226 bales of
llnters. Exports for the day were 600 bales,
all to the continent, compared with 5816
bales a year ago.
Clearances for the season to date aggre
gate 0,706.100 bales contrasted with 8,221,
700 bales for tho same period last season.
The LI vet pool mnrket opened quiet, but
developed nctlvtty later, and at the time
of the start here the tone was etrong, with
prices 54 to 314 points higher. They were
due to come Vt to 2!4 points lower.
Weather conditions continued unsettled,
with light scattered rains In the central and
eastern districts. Temperatures wero about
normal for this season of the year.
The receipts of cotton at the ports for
the day was estimated nt 6000 bales, com
pared with 10,479, bales last week, BD55
bales last year and 2582 bales In 1914.
leetcrnay'a
close. Ouen.
11a.m. 12m.
July . . .
Auxuet .
October
December
January
March ..
May ....
tjpot . . . .
i-.e"
i-.ou
12.K3
12.07
13.1(1
1.1.10
1U.MT
13.32
. 12.03
12.08
13.13
mi
r.-.N
12.0(1
13.13
13.17
12,03
13.12
13.17
i-j'M
12.10
liua
Liverpool Cotton
LIVERPOOL, July JJ, 3 p. m. Futures
steady, unchanged to up 3 points. Sales,
6000 bales. Including S400 American. July
August, 7.85d. ; October-November, 7-74d, ;
January-February, 7.86 V4d.; March-April,
7.62 ild.
Cotton Exports
WASHINGTON. July 13. Cotton ex
ported during tho week ending July 8 was
as follows: Ocorgta 8837 bales; Mass
achusetts, U61; Maryland, 4138; New
Yorlc, 18,313; North Carolina, none;
Philadelphia. 654; South Carolina, none;
Virginia, 6081; Galveston, 13,200; New
Orleans, 24,393; San Francisco, 908;
Washington, 16,813; total 93,660,
Railroads Report Larger Earnings
WASHINGTON, July 13. During May
173 railroads reported total revenue to the
Interstate Commerce Commission, today of
1299.621,261. Expenses aggregated J196,
403,386. The net Income amounted to
(103.117.999, as compared with $70,333,891)
for May, 1916.
Condition of U. S. Treasury
WASHINGTON, July 18- The condition
of tho United States Treasury accordlpg
to a statement Issued today, was as follows:
Net balance in general fund, 3331.349.480;
total receipts, $31,604,434 ; total disburse
ments. 139.442.697; deficit for the year,
$8,613,380 exclusive of the Panama Canal
and public debt transactions.
Bank of France Gains Gold
PARIS, July 13 The weekly aUtement
of the Bank of France shows an Increase
of 6.842.000 franca In gold and a. decrease
c-f .9.000 franca In sliver
Uloi clone,
1.12K l.Ul'4 1.11J4 tl.tl(
I 144. 1.13U M.llk 1.14
T7'i 178V1 77 K
f13t iS,S M
4U J0i 40'4 4t,,
4()i Tot, 4fl 40V4
4-J. 4lt 421. 42K
13.30 13.20 J1.1.30 tlS.20
13.41) 13.32 13.40 T13.40
13. 4S 13.40 13.43 13.47
13.40
13.30 73.32
'23.(10
4.03 24.70
Sates in Philadelphia
- Net
CIo, eh-.
IS?.. ..,..,.
Hlth.
?3 Am (! ...... li()AI
10 Anneid Mln. 1 7VJ1
30 llnldwln Loco.. 0H
.! JlnfT A 8 t c ptd 00,,
10 Cam miy-1. ..... Si4
700 Col Fuel 4-it
lid Elfctrlo Ster. ., 02H
123 Rrle 83H
fi Oen Aephalt pfd 70
W:.
m i
p..i
TO.,
2S1
4BS
10U
74i
,7
R7.i
"8.i
2S
18i
DRW
4 '4
1 h -;..
12 . 4
838 -
Vi
33 'In Co N Am.
2fl -'
lift I
r.7 M
l8 , .....
io Jten secur.. ...
200 Like Sup Corp.
4f.
10H
Z12 Ionian Dav. . , .
13 Lhlith Valler. .
d'-IS I'ennn
ion Pa Salt Mfs..
BO Phlla Co
142 1'hila Klec ....
1010 P n T tr etf,.
103 rieadlnir
."too Tnn Helmont. .
020 Ton Mlninir . . .
12.1 Union True . . .
3.1 U U t mp
402A U B Steel
7
1 711
f.7t
08 ,
8H
20
1)84
4tt
0
43
0
41&
'.4
8714
87 '.4
87't
S.T
834 3
54
.03 crump Hone.
loo Torlt flffr , . , .
iS
?
'Ex dividend. 4-Incrcaae.
-Decrease.
130ND3.
Net
Ulan. Low. Clod.
cringe.
G200 Am a ti 13 .. P3S ft3U D3W
-t-
7000 13 a I" Tr 4. . . so H(l Fll
8000 Leh V un 4'.100 10(1 , loo
1000 do coal .-... 104'i 10134 107H
noooPa.Oen 4.4.. .lOlii IOIU 10lV
4000 Phlla Co 1st (H.101 101 101
1200 Phi a Blee Bs..io., 104,, lo.V,
"J
'001
Zonn ItendlnBr ren
rnna w it s vv ys ;
is po un van
'.4
1000 Welebsch Co R' tWtt DS'.i DStt ...,,.
loftod W NYl.itn.4B N4.. HI.. s4 J
..nnn Itn !!. M Am Ttl
.,
dooo yorK lty lit (. V3k
4-lncrease. Decrease.
na'.i li St
FOREIGN EXCHANGE
NEW YOIUC, July 13. The feature of
tho foreign exchange mnrket this morning
waB the pronounced wcakticsR in rclcln
marks, the quotation easing off nbout IVi
nt the opening. Otherwise the market was
featureless. .
Quotations: Demand sterling, 4.75 11-16:
cables, 4.70 7-16; franc checks, C.91; cables,
C.90V4; relchmarks, checks, 73 cables, 7.1 'J;
lire checks, G.42; cables, 0.4 IViS Swiss
checks, 6.29; cables, 6.28 & ; kroner, checks,
28.06; cables, 28.16; pesetas, checks, 20.20;
cables, 20,30; Vienna, checks, 12.G0; cobles,
12.65; guilders, checks, 47 7-1G; cables, ll'ji
rubles, checks, 30,70; cables, 30.76.
RATES FOR MONEY
Cnll.
SHOO
4
3
Tim.
4 5
Now Tork
I'lilladelphla
Iloeton
t-htrarrn
a IS mi
4
ft
314 01
4
Commercial paper, three to six months. Phila
delphia. 8V3(4 per cent.
DANK CLEARINGS
flank clearlrut today compare with corra
.pondln, day ia.tUvo TOP.. ,
lloeton $30,1130,808 I.11.atN.r.27 12H.7IPK,710
1'hlladelphla. 40,104.3N3 J9, 130,1)51) UCflULDn
French Hentca Higher
PAIIIS, July 13. Thrco per cent, rentes
wero 01 frnnc3 40c. today, a gain of 15c.
The Bourse will be closed Friday and Sat
urday. Reserve Banks' Discount Rates
10 or
less.
Over 10. Over 30, over CO.
up to 30. up to 00. up to 00.
tlntnn
4
.4
New Tork.
4
4
4
4
4
!
4
4
4
i
4U
4
4
Philadelphia
Cleveland ..
Itlohmond ..
Atlanta ....
Chlemo ... ..
..
88
4
AM
m. Louie a
Minneapolis .. .
Kama City.. 3H
ball ....... .
Bail Kranclico. 3
W
tnnces.
Com
Over 00. Up t
Aarirui.
Trade acci
!?
to.oo. modlt:
lty.
3,6
3'
tloston n
V'Aitr VnfU . . . Jl
3
Philadelphia .. 414
Cleveland .... g
lllehmond .... "
Atlanta f
Chlcnro f
St. Louis r
Minneapolis .. .
Kansas City.. 3
Dallas ....... JJ
San Francisco Bl4
tin to 30 dnva:
il'.i
4
4
4
3W
4
nit
4
34
a
a
h
3
8
es
I
over 80 to SO,
4 per cent.)
over 00 to 1)0, 4 !4 per cent.
and aver UO, 0 lm
tent
Financial Briefs
It Is announced that the not earnings of
tho Gulf States Stcol Company for June,
nftor all IntoreBt, depreciation nnd other re
serves, etc, wero $177,478, and $9GG,389
for the six months.
Tho Federal Ilescrve Doard today ac
cepted tho resignation of B. T. Meredith
as a director of tho Federal Reserve Bank
of Chicago. Mr. Meredith recently was
nominated for Governor of Minnesota.
The Montreal Stock Kxchange will bo
closed Saturday, July IS, on account of n
holiday.
Tho New York bonks gained from the
Subtreasury yesterday $1,014,000, and since
Friday $8,952,000.
RAILROAD EARNINGS
ILLINOIS CENTKAL.
1010. Increawo.
June aro S3,8n,602 1804.104
Twelve months' Bros. . 08.837.830 (1,743.778
YAZOO AND MISSISSIPPI VALIT.
June sresa 11, (11)3,403 I1R0.232
Twelve month' Brci.. 13.014, 03N 1,0.77,034
cmcAao aituAT western.
Flrt week July $240,114 17.118
DENVF.rt AND SALT LAKE.
Philadelphia. 40,100,883 20.180.030 20,004.021
Fourth i week June ... . JS0.100 12.107
From July 1 1.888,010 212.034
DIVIDENDS DECLARED
Atla Towder Company, resular quarterly 1H
per cent, on preferred, payable August 1. llook
close July 20 and reopen Ausust S.
Mechanic' !nuranc Company of Philadel
phia, semi-annual 0 per cent., or Jl. 23 per
hare, payabl July 14. Checks will be mailed.
Llectrlo llond and Sharo Company, regular
quarterly Hi per cent, on preferred, payable
Ausuat 1 to stock of record July 10, and 2 per
rent, on common, payable July IB to stock ot
record July IS. , . ,
Julius Kaiser Company, regular quarterly of
14 per cent, each on tho flrat and aecond pre
ferred, both payable August 1 to stock of record
July 0
The Locust 0P Improvement Company, 30
centa per share, payable July 20 to stock of
record July in. . ,
Olrard Fire Insurance Company, quarterly of
3 per cent., payable July 14 a registered July
12. Hooks di not close,
New Yorlc Sugar Mnrket Firm
NHW YORK. July 13. The sugar market
was firm and unchanged today, fine granu
lated being quoted at 7.65c. and 7.75o.
The last sale Jn spot Cuba raws was at
6.40c, unchanged from the opening
yesterday.
DAR SILVER
Bar silver In London was quoted at 30d.
today, a gain of d,
Commercial bar silver In New York was
quoted at G2c., n gain of lc.
Suspended From Stock Exchange
NEW YORK, July 13. Announcement
was made by the governors ot the Stock
Exchange today that William H. Wallace.
Jr.. had been suspended from the exchange1
for one year and John Jerome u. Kelly for
60 days, for Illegal trading. The men
disciplined comprised the firm of Kelly &
Wallace.
DIVIDEND NOTICES
THE MECHANICS" INSURANCE C03IIUNY
l'HILAUKU'lllA
July 12. 1910.
Tb Bord of Director nay thle day declared
a semiannual dividend of Iii (S) per ceut., sr
81.85 pe har on tb cspltal tpck ol : the
company, payable July 14, Check will b
" JOHN A. BNTDEH. Becretsry.
LljO-tX ADVEBTISEMKNT8
-3S KSTATE OK UABY BJHTH BEEVES
liSs deceased letters testamentary on tb
abovo t4te savins been irantij to tb under
signed, all persons Indebted to tb said estate
are requuted to mak payment, and those bav
Inji claim to preaent the earns, without de-
Ujr' '" AtBBRT T. BAUERLB.
806 Commonwealth Bultdlcz.
DIBECTOBY OF ACCOUNTANTS
Ccrtlsed PobUa Accountants
tlttnVHOU W. BROWN A CO.
1818 REAL ESTATE TRUST BUILDINO.
BUBN3 HfgAKMAN
Tbj iteuxM
EARNINGS OF NATIONAL PROPERTIES
'COMPANY SUBSIDIARIES ARE LARGER
June Gross Shows Good Increase Over Last Year Laurel
Oil and Gas Declares Extra Dividend Local
Stock Prices Go Up, Then Decline
Further progress In the matter of earn
ings of the subsidiary companies of the Na
tional Properties Company Is reported. Tho
gross earnings of .tho underlying compa
nleo for June, according to figures given out
today, wcro 1753,100. As compared with
June of last year, tills Is nn Increase of
1124,911, or 19.88 per cent. For six months
ended June 30 tho gross earnings were
$4,219,378, nn Incrensa of $628,483, or 17.10
per cent., as compared with the same period
of last year.
Announcement was made today of the
declaration of the directors of the Laurel
Oil nnd Gas Company of an extra dividend
of !4 of 1 per cent., in addition to the
regular quarterly dividend of ',4 of 1 per
cent.
More ndvnncos than declines nro reported
In the 'weekly table of the Iron Age, Issued
this morning, Tank plates, Pittsburgh, nro
25 points higher to 3.60c. , por pound and
tank plates, Now York, also havo been ad
vanced 2S points to 3.069c. por pound, Wire
rods, Pittsburgh, aro 15 higher to $65 per
ton.
In tho old material market tho following
turns are recorded per gross tons Iron
rails, Chicago, tOc. to $18: heavy steel
scrap, Pittsburgh, 60c. to $10.60 nnd heavy
stcol scrap, Chicago, 25c. to $16.
PHILADELPHIA MARKETS
GRAIN AND FLOUR
IVHDAT Receipts, 181.044 buh. Thd mar
ket ruled steady with a fair demand and light
ofterlnss. Quotations: Cur lot. In export ele
vator No. 2 red. spot. l. 01101. 11: No. 2
Houthern red, $l.o701.lHit steamer Nn. 2 red,
LO0Hl.ng No. 2 red. 11.01101.1)81 rejected A,
$1.0814 Wl.onia; rejected II. Jl.o:il.()l.
COKN Receipts, 3031) liush. Hupplte were
small and the mnrket ruled firm Ihoiuth unlet.
Uuntatlnns: Car lots for local trade, aa to lo
cationWestern, No. '-' yellow, UDWOoOc: do.,
learner yellow, SS'SWSUc. I do.. No. 3 yellow,
B0iS7ftc; do., No. 4 yellow, 881 084Vc.
OATH Receipts, 01,003 bush. A modornto
business dolns at unchaneed prices. Quota
tions: No, 2 white, .7'.4 (04Hc. : standard white.
4(J4 6?47c. ; No. 3 white, 4.M8i4clc.; No. 4 white.
41i UMllHc. ; nmnlc oats, 8tl(t4Uc. purified
out. Broiled. 441a J40c.
l'LOUIl Receipts, 71M bbts. nnd 458,803 lbs.
In sacks. Trads was Mulct, but mill limits were
woll maintained, Kolloivlnfi nro the Quotations
ir 100 lbs, In wood: Winter, clear. J4.H5W
4.00; do., strnlclit, 4.ti05f0.ir.; patent,, 88.100
ri.40i Kansas, clear, cotton narks. I4.7Svui do.,
straight, cotton sacks. $ri.l0fir..;i0; do., patent,
cotton socks, ln.85O3.00i sprlnc first clear,
ll.80t9B.lt: do.. Btrnlshf, $r,.nn8.00i dOj.
patent. IB.7.1W0 do., favorlln brands, 10.2SW
o.rtOi city mills, cholco nnd fancy patent, f l.-:rv
ffl.60; do., reiculnr crade. winter clear. 14. 115
W4.0O: do., straight, f4.1)0O5.1Bi do., patent.
iB.lRtl.4(i.
UYK VLOUIl ruled steady under light offer
Inss, but trado was unlet. Wa quote at fSO 3.G0
per bbl., as to quality.
PROVISIONS
The market ruled steady with a fair Jobblnsi
demand. Following are tho quotations: .City
beef. In set, smoked nnd alr-drlrd, M7e.j West
ern beef, In acta, smuked. l!7c. : city beef,
knuckles nnd tenders, smoked Rnd alr-drled,
2Kc: Western bof. knuckles and tenders,
amnA.1 "0,. l.f hnmfl SL'SACnD! TMirK. tam-
Ily. il3.5uea7.riO: hams. H. 1. nire-ti, o
IHOlHVar.i do., skinned, loose, ISOlSlao.i
do., moKcd. IDOlOVae.. other hnma. mol
r... .w...... -.i ; .'. -' .' - .-". i. .- --:.-,---
luuiin.
: do..
.liv .,.-l na f,. ttrnrtil unit average. lHC.I
IV U 1U1Z U. . .,,1.1 .....ll ...,
hams, smoked, Western cured. 18V4c.: do.,
boiled boneless. 88e.i plrnlo shoulderB. H, V.
cured, loose. V2bc; do., timoked. 14Vic; lielllc.
brenkfast bacon, as to brand and average, city
cured. lc. : do.. Western cured. in2nc.i lard.
Western, refined, tleces, ll'.ac: do., do., tub.
141ic: do., pure city, kettle, rendered. In
tierces, 14V4c; do., do.. In tubs, 14Wc.
REFINED SUGARS
Tho market ruled firm under a fair domand.
nollnera- 1U. prices: Katni nno granulated,
7,nnc.i lowJered. 7.7Bc.j confectioners" A.
7.05c: oft itrudes, O.UUWi.r.Oc.
DAIRY PRODUCTS
CHRKSE Offorlnga were only moderato and
prices ruled stesdy, but trado wns quiet, tluo
tatlons: Now York, full cream, fancy, lb
lHUc.; dn,. do., fair to Kood, 10O10vc.i part
iklms nityllc
11 u'fTCll Choice atnek ruled firm under mod
erate offcrlnirs and n fair ilemat.d. Q-iotiitlon:
Western ollrt.packod creamery, fancy, specials.
31c: extru. SOJiSOci uxtrn llr..ts. 28c. ; first,
!!7c: second. 2ilc.:nenrb- print, fiincy. 8Jc.;
nvrratce extra. aoQaie.i firsts. 27W2HC.; -ond.
L'UOiUHc.; Jobblna sales of fancy prints,
330 38c.
UOas Strictly flne egg were In cood request
and kept well cleaned up a Arm prices. Quota
tions: In free enses. ne rby cxtraB. 2fic. por
doz.: nearby firsts. J7.0, per stnndard case
nearby current receipts. $7.2U07..U per case:
Western extra. 27c. per doz.; stern extra
flrat. 7.05 pr coi firsts. J7.03Jf7.33 per
case; fancy selected candled fresh eggs were
Jobbing at 3132o. per doz.
POULTRY
LIVI3 Fowls were pretty well cleaned up and
In pleKIo, accorainK to aerai;e. loose, mag.
firm. Chicken wcro more freely oftercii and
k..,.l. ni.mli. r)iint'..ns! Fowls.
roosters, laiipltcs snr'.na chickens, nccordjiw to
quality. weUhlng 12 lbs. apiece. 21 28c.:
White Leghorns, according to qui llty. 21W24c:
ducks, as lo lzo and quality. 14Wliie.i pigeons,
aid. per pair. 23ii2Hc. : do., younu-, por pulr, 22
biiUSaUD Deslrablo broilers sold fairly and
ruled steady under moderate offering. 1'owto
were moro freely offered and He. lower with
demand only moderate. FollowinK nre tho quo
tations: Fresh-Ulllcd poultry, dry-packed Fowl.
li to nox. drv-ptcked. fancv selected, rjc. ; weigh
ing' 4'.3n lb, apiece. 21He. : weighing 4 lbs.
uplece. 21ic; weighing 3vi lb, nplere 2lc.i
wclghlnff 3 lbs. uplece, llfl20c.s fowls, Ice
packed, In barrels, fancy, dry-picked, northern
Indiana and llllnola. welghlnu 4 lbs. ami over
apleco. 21c: do., southern Indiana and Illinois,
welghlnu 4 lb, uplece. SOVic : smaller alz-s,
lHtfl'dc. : old roosters, dry-picked, lfie. ; broil
ing chicken, Weatern, 2882c: broilers. Jer
sey, fancy. 36c; do., other nearby, weighing
Hi 2 lb, apiece, 358Sc; (mailer aires,
30S2c; duck. , nearby spring. 102Oc.;
QUab. per doz. Whit, weighing 11W12 lbs.
per doz.. 5t?.V23: white, weighing UO10 lbs.
per doz.. 34. ir.1T4.7a: white, weighing 6 lbs,
per doz.. S3.25fr3.u3: do., do., 7 lb, per dot..
2.30i3; do., do., 0SP0H lb, per doz., I2J
Srssi 4flc, $1.7S(fS.2S small and No. ', 73o.
e"1"'5' FRESH FRUITS
Choice stock was In fair request and gen
erally oteady under moderate offering. Quota
tions: Apple, per bbl. Ilaldwln. 4rii Hen
l)a"ls. at; other varieties. ll.r.0f 2.50; No.
' J1.23M2; apples. llawaro and Maryland,
pir hamper Fancy. $1.2802: fair to Bood, 00c,
i II. lemons, per box, l3.30V4.2j. Pine
apples, per crate Porto Hlco. J2.3UO3.S0.
Hlackberrlea. Delawar and Maryland, per
auart. BOOc. Huckleberries, North Carolina,
per quart, 10 Wile. Uooseberrlei, per Quart,
Structural
and
Timber
POPLAR STREET WHAMES
Market 3204
Park 655
Phones
ELKINS, MORRIS & CO.
BANKERS
Land Titlo Bulfdlng
Philadelphia
High, Grade
Pennsylvania Tax Free
Railroad Bonds
Equipments
anil
Public Utitty Bonds
it,ty
:ntrta
MEJintrta
NEW YOBK AMI PUIL.1DEH-ULV
STOCK EXCU-INOES
I WANIli, by Nw lr-k 8ek IfxtLuu) H
Uium bTlDg U an a.fflce la rJa. U
for It 1-tUad.U.bU pile. Only tbox T
iccupux luItu pjultl'n nacd apply- A ,
Ueply br letUr ta C. I
VOX B -7. lXBQJX CENTKAL g
Eimmmmammmmmmmmmmammm
Declines are reported as follows! B.islo,
pig Iron, delivered, eastern Pennsylvania,
60c. to $19 per ton j Bessemer billets, Pitts
burgh, $2 -to $10 per ton; open hearth bil
lets, Philadelphia, $S to $46 per ton! steel
bars, New York, 25 points to 2.669c. fcer
pound.
Duo largely to the betterment of tho New
York market, prices of stocks on tho Phil
adelphia. Stock Kxclmngo moved up In tho
'early trading today. Business remained
on the same small scale that hns been tho
casa for soma time past. Tho most actlvo
Issue was United States Steel common.
Cramp trust certificates gained nearly a
point by selling nt 71, Pennsylvania Itnll
road rose n fraction, as did Lehigh Valley.
Lehigh Navigation, on tho other hand,
declined slightly. Tho mining" Issues, Tono
pah Belmont and Tonopnh Mining, wero
unchanged. When stocks sold oil In tho
New York mnrket In tho afternoon session
a weaker tendency developed hero In sym
pathy, nnd what early gains had been mado
irero lost,, the whole list virtually showing
declines Kb compared with tho final prices
of yesterday. The market was much more
actlvo than It had been for somo days.
0fl,4c. Ttasphrrle, red per pint, Hflfic.
Clierrles, New Ynrk, sour, por 8-lb. basket, 20W
OOc.t do., entlni varieties, rer s.b, basket, 40W
BOc. : do., Delaware nnd Jin ry In nil, sweet, per
Hi,, ntOKc; do., do,, sour, per lb., .10 let do.,
do., sweet, per qt., flWuc: do., do,, sour, per
Ji". iniiw. v.corKin, per crate, nuc, li
Bin, per carrier llelle.
11.7302.25: farmen. lUM.nui Wardel
i.iu. t-eoenra. ucorpia, per carrier ueiie.
,30 (fo
t.75. Cantaloupes, Onllfornln. per rrnte,
iicpi.uui varaeil. tl.nvw
j;i'8
4i no., liorina, per . crate. 5150
Per rrnte. SllI0l.nO! tin..
(leorgln,
per crate. Jl. 50912.25: do.. North
(arollna. per lnndird crato. fl.23ff2! rin..
un
North Carolina, per flat crtte, (10760. Water
melon. Florida, per car, $12520U.
VEGETABLES
Potatoes nnd
stead Other
onion wern quiet nnd barely
getables met with n fair nutlet
at quoted rates.
Quotations. Whlta potatoes.
per 0bl
,rr bbl., No. 1 nantern Hli.-re, 42W2.23: Nn. a
eastern Shore, 75c, B'J1.25: No. 1 Norfolk. 20
1.25: No. 2 Norfolk. 75c. nil t Mtvnnf Dnintn...
Jersey, per basket,. No. I, 4SO00C. ; No, 2,
25W30P. ! sweet potatoes. Jersey. Delaware nnd
Maryland, nr hamper. No. 1, 73e. fJ" No. 2.
ftu tr Hoc. i anion. Texas, per cummer crate, No.
1. ll.40Ol.30i No. 2, il.23Wl.33. o.i.ons, Jer-soj-.
per fmaket, 83e. Cpfli do., Virginia. pr
l.nsket. Jt1.25; colery. Florida, per crate. J2
!f2.30: watercress, per 100 bunches, jl.SOff
2.50; peppers, Florida, per carrier, J1O1.30:
rggplnnt, Florida, per crate, 11 01.50! corn,
Florida, per crate, 1101. 30; cucumbers, Nor
folk, fer, bbl.. . Jl.."n2; cucumbers, Norfolk,
per -bbl. bnsket. 5u073c. i cucumbers, Nor
folk, per 1-3-bbl. bnskot, noc.i cucumbers. N. C.
per bbl., II If 1.2,1 do., do., per basket, 23 40c;
mushrooms, per 4-Ib. basket, 11W1.0U.
LOCAL nllNING STOCKS
TONOPAIt STOCKS.
Hid Asked
. .1)1 .
. .05 ,07
. .17 .11)
. .20 .22
. .20 .-J4
. .13 .in
. 4JS 4 3-111
. 5( ft'l
. 0 ll
, .21 ,27
. .11-' ,93
I.
. .11 ,12
, .02 .04
. .15 .17
, .(It .
, .02 .01
, .11(1 ,0S
, .02 .03
, .0J .04
, .40 .42
, .SI .8(1
, .ns ,nn
.7(1 .7H
, .0!) .10
, .04 .05
. .01 .05
, .10 .11
, .01 .02
. .01 .03
.17 .10
2.00 2.03
Jim Tlutler
3lncNnmara
Midway
Mlzrnh extension
.Montana
Northern
II.II,.,I1U ................ .
Northern Stnr 13
I'onopah Ilelmont 4;i
ro..opnh Extension Mi
TO
To.
Tonopnh Mining
Itescuo Bula ..
West Und
QOLDKIKLD STOCKS
Atlanta ,
llluo Hull
llooth
llUlldoR-
C O 1
Combination Fraction
niumondllold 11 II ....
(Jalny
Fiorenco
Doldflcld Consolidated ,
Ooidflelrt Merger
Jumbo Rxtenston
JCewanas ,
tiro
Silver l'icle
an'
Jllv
nd Ken
Iver l'icle
MISCELLANEOUS
Fairy Aztec
Klmberlv
bei
Nevada lllll . . . .
Nevad.i Wonder
N.W YORK BUTTER AND EGGS
NKW YOltK, July 18. IIUTTRIl High grades
firm, but market qulot. XtecolptB, 13,770, Ex
tras. 2.3UO20C : high scoring, 2IHi &30C. ; Stato
dairy. 375 W28Vao.
LOUS Hbjli urndfs firm, other grades steady,
neyehjts. 23,0'S.S. Extra rlrats, 2314 920c.; flrts.
23U V23c ; other grade, unchanged.
Brush Electric Co.
of
Galv-eston, Texas
1st Mtgo. 5 Sinking Fund Bond
Tux Kef. 1'ciiim. I'ree Federal
Income Tax
We owir and offer n limited number
of these highly deslrablo securities
at a price to yield
Tho net earnlnna of tho company
applicable to tho payment of Bond
Interest uro over twice tho interest
charges.
These bonds aro a first Hen on tho
property of tho Brush Electric Com
pany, which furnishes electricity for
all purposes In the city of (Inlveston.
Galveston ranlcs as the second largest
export port In the United States, It
Is crowing rapidly, which will ba re-,i-,.v(l
In the usmoHH of the Electric
Company. Full details on request.
KLEWM a KEEU
1326 WALNUT ST.
Ne
! imi
Chi
ew York Stoelt Kxrlnmze
Member
hllu. Stock Kxclmnze
Icugo Ilonrd of Trudo
Edward B.Smith &Co
ElTlluanu 1891
BANKBfnS
jrmter N'to York and Phtlattlrhla
Btoch Kichonoe
1411 CUIBT.NDT STSKT, I'lllLiCClrnU
80 PIN Stxext New T0IK
PUBLIC SERVICE SECURITIES
Va will furnUIi an request copy nf
booklet clvlntr fuels la condensed form
about l'ubllc Service Corporutiou In the
United State.
IVIELLOR & PETRY
Slember N. Y. & 1'hlla, Stock Exchange
130 COJIMEKCIAL TUUST UUILDINQ
INVEST IN MORTGAGES
AT 5,4
Recommended by
BEN T. WELCH
1328 Chestnut SI.
ficUZTCR6'Gbt
INVESTMENT BANKERS
Broad and Sanson St.
JM
ill
1
M