ii.r
EVElKa LEDGER-PHILADBIPHIA; MONDAY, JULY 81, IftLG.
1
i i niir.i i.. i ni i. ... , .,., ' - " - i . . .
" FINANCIAL NEWS
' ,f ' ' . i i' i . .. . , . .
1 BE&fttSH ACTIVITY ENDS IN NEW YORK;
0 .TRADING IS NEARLY ALL PROFESSIONAL
I i 1 1 .m.l.tufcw . ... .. . Mm a
Bsplmioft on Black Tom Peninsula Does Not Hurt Lehigh
. . .Valky Stock Much Threatened Strike in Brook-
lyn Is Without Influence
t
H
High Points in Today's Financial News
Philadelphia bank statement showed a decrease in loans and an increase
n kmH. Stoik trading drt Philadelphia Exchange during July smallest
MW February of last year; in bonds lowest since January of last year.
Total dividend and interest payments throughout the country for next month
wm t alt ricordt. reaching fi&OJtSjGS. Preferred stockholders of Amer
lfi Jjmm and Leather Company pressed suit in Trenton, urging an account'
htfi notwithstanding dtvidend declaration. Railroad tonnage over lines apcr
tmft enstWard continued large and taxed facilities. Philadelphia bank
ehnnngs smaller during July. Bar silver higher ill New York and London.
Crxpple Creek Central Railroad increased dividend on common stock. Senate
passed Owen omnibus bill, waking numerous amendments to Federal Reserve
and National Rank act.
. SEhe most Important feature of the day's trading In tho stock market was tho
awnsatlon of bearish activity. Tho room traders committed to tho short sldo and
tho up-town bear plunKora seem to havo become tired nf nfforinir ntrvVa of tnnr
t lev'cls. knowing that the moro they offered the more they lost and absenco of
J. aupply was commented on In nearly all tho active issues this morning.
.in,Q room unvoted a, good deal of attention to discussing the great explosion
At tho Lehigh Valley docks, but that disaster was not effective In bringing in any
Jong stock, and, although Lehigh Valley yielded 1 point In the first half of tho
day to 7514, a firmer tone- was shown by It in tho later trading,
Tho, threatened strike pn tho Urooklyn Rapid Transit system was without
any Influence on that stock. Altogether tho speculative element set-mod imlifrr.
I ent to nny happening, no matter how extensive Its scopo might be.
intra Avenue, to winch the trolley strike has extended, dropped 1 point and
"Was, followed by a moderate rally.
Tho war-order stocks wero In demand during the early hours, because of
additional new orders received by tho various munitions companies during the
las.t week, but the advances in theso stocks were not sustained. There was a
strong tone all through the day In tho Marine Issues, both the common and pro
Xarred stocks making jrood iralns.
Generally tho market was of a midsummer character, with the trading almost
'Wholly professional.
jCROP REPORTS HOLD
1 COTTON IN CHECK
(Tene Steady, With Prices Higher.
New Orleans Leads
Selling1
I
m
COTTON BKI.T WKATIIEIt.
JF NKW YOKK.,Jaly 81. rrtclpllatlon was
hs rattan belt thin morning, with tempera
ture nbaat normal.
. T"..f""?3r'nr temperatures were recorded:
AftrtiHk. 08t Augusta. Atlanta, Relelch and
jkjnnalnfDam. 70j t'hattaooof. Tit Una An.
Wtaato. Bel Hln and Ataesn. Til Thooasvllle,
,1; Charleston, Havannah. Jarkranvllle. Ukla-
k iuti jinoxYiue ana naaitTUie, ii
and jlcrldlan. 78)
W tan CUr. JinoxTlUs and.
n jonigomery i cnsacoia
8
hroTPport. (latrtstan. Mnhlle.
uton
nla.
ILvTIcJlsburr. Memphis. Ultte Rorfe and JToit
1 "y"'". ov u '
mm iru( VJ
Ansasta and A'lcksburg. .10 at Shrereport
y t uniTcnton. tti ai oaQ Antonio
tarnaa Chrlntl
vj menes or
New Orleans.
83.
ir.ll
Sh;
New York B,ond Sales
.$1000 Amer Airr deb Ss ..
loiooo Anglo-Kr 3s
71000 Amer-Forelgn Sec 3s
flixio Amer Tel clt 4
4000 Armour Co 4tia ...
.41)00 Atchlion gen 4a
High,
d4 .
ri 4tti
Ohio
3V4i
t
.74 ' Corpus Chrlitl.
prrelnltntlan at
,
and
NEW TOIUC. July 31. Selllnir. Influenced
by private crop roports, held the cotton
xnarkqt la check this morning and initial
levels were less than due on the good ca
bles. The tone was steady, however, with
prices 1 to 4 points hlgh;r.
It was stated that the drop of 3 points
In the report of Commercial Appeal Indi
cated a condition of 7S.1 by the Government
tomorrow, allowing tho same amount of
loss, and this figure Is considerably higher
than has been looked for by tho trade.
New Orleans led the sclllnc and was fol
lowed by commission houses and room trad,
era, Liverpool sold January and March.
Buying 'wVs scattered, but came from com
Fratlvoly good sources.
After the call declines of abiut one point
from the opening prices wero recorded.
Liverpool was due to come 1H to 2Jpolnts
lower, but at tho time of the start here
prices showed a gain cf 3 to 3H points.
The outlook, tor better weather In tho
astern belt seemed, to check fresh buying
and prices eased off after the opening ad
Vanco as a result of scattering liquidation.
Tho easy ruling of the market In New Or
leans suggested rather a reactionary seritlt
jnent at that point also, and part of the
local selling was probably based on a. feel
ing that quite as tow 'a condition figure
Trom the Government had been discounted
on the advances of last week as was at all
likely to be received.
Arrivals of cotton at New York today
were 6445 bales. Including 3G14 bales con
1 signed. Rzports for tho day were 4J69
bales, compared witli 38 bales a year ugo.
Sat. close. Open. Hlsh
a.i'4 13.30
13.47
1X.1UI
13.81
J3.7
11)000 do adi
10000 do Art
20000 Bait tt l
33000 da Sa
UMHl do 4a
1000(1 do cv Mi ....
.101)0 D40 LEtWV 4n .
18000 peth Steel rfd fia .
0000 llrook IITJi 111 18.
4400 Can Uov 4a 11(21..
3U0OO do 192(1
120011 do 1V3I .......
3000 Cent t.eath lat Ba .
4000 Cent Pacific lat 4a
2H0OO Chea A Ohio cv 454a.. sail
100OU do IVi. KllV
800O do conv 0 aC
1000 Chi A Alton 34a 49H
10000 Chi at West 4a 7(1
iinni uni ug joint 4a,... 1I7
t
4'y J ?" - t2 2t 02tS
1000 Chi JlTl St 1 pen 4a. oofi liuft UoS
aooo do cp fia..... Ill-JJ, 102 102
30000 do cv 44a inn
2000 Chi R I & P rfd 4a... 73
200O do Tn (it
400O Col Industrial Ba 70U
1000 Col & Mouth lat 4i... H.I
1000 Cuban-Am Suar Ca..loi!i
iuuo uumoeriana 'lei oa....ioo
.-von uei a iiuu rtil 4a..
flOOO Den A Ulu Or 4a...
4000 do 4 Via
27000 Erla Bn 4a
1000O do conv 4a Ser II
100(1 do conv 4a Scr D
10'JO do prior 4a
2000 C-en Klcr deb Aa....
1000 Hud A Man rfd Sa
inooo Indiana ttteet 3a....
10000 Iowa Central ref 4a
10VU III Contral rfd 4a ..
1000 Interb Met lVia..,.
4200U Interb R T rut tla ..
oaooo Inter M Mar cv 4Vib
I. Low. Clone,
i."? I'yi'.H io.:t
u.lia 3U D3H
i . US 8
1H. Ul4 HIS
. U3H 111. D.IH
2f. 1)2)1 U2S
83j 8.IH Kt'J
tllljl UlltJ ji
113'i UJX U2ti
lUuS 100 10OV)
m uoi mi).
OS., OS 05
so; siij; sti;
looj. looS looji
1004 100H loo'.
. imli 09X oH
Bi DDK UUli
lOOV 100S lUlrC
mis iot4! nn
SHH HSU HSU
M S3
MiU NOV
". 'i
U3 1)34
40tk 4U"
7(1 70
117 U7
7000 Internl Paper cvt Sa,. 02S
2000 Jnpaneae new O a 4Vi a lit'-,
.i.tnn iin m-u. jli. w.iz
00V
1000 Kan City 80 lat Sa
1000 do Ba
1(100 Lacka 3te! B 1023
2000 do Ba 1030 ......
4000 lie Sh deb 4a 1028..
1000 Lie & M T Ba
1000 txirlllard Sa
3000 Manhattan 4a
OO00 do ata 4a
23000 Mont Power 3a .....
SO00 N Y C L. S 3V a re
7000 N Y C 4 Hud Ba...,
2000 flo 3Via
1000 .do 4 ,
2000 do 4V4a Ii.l
2000 N v C 3Ha Nov 1H34. lio
nmu ao -IB iiit .......100?4
1000 Ha 4a 10.18 ........toilji
ilIU
1000
1000
211010
lWIn J ou VI
73 , 73
OlU 1U
70'A 70(i
H3 83
I IUI7I ill! I
H 1IM)H llKI-i
OHS U8K I'HH
78 , 7S 78
84U 81 i 81U
7 lS 1 1iH
71 71 71
8.1;; Uk . 85;
101 lnnilliu
loi lZlliSlTd
KS)V BAi XX
74(4 liVjr 74U
I) 07 01
111.', 1(L1K .1U!VT4
"2ft , 113
M1U N1U
83H S3H
IIS 08
MfZ H'.lU
00H oa4
i 0.1U n.u
innvr titnr
H3H
us
UUJ4
U3V
TlUllZ
lDtHj 100 100V
n.7S "7 O '7
v, V(H 110
, 117. l)7H t7i
:iiea il?8 ilj
. 8J!4 82j? 8J14
. Uo( OliH UOVi
ua.. iij 11a
1101 uoj; DOji
IOOK ioo loos
11111U i,mLY iiwiL.
-"'' ..wr.
'M
Amruit
October
December
i'"""?ry .
Marci ...
JMajr ,.,,.
I'.tllOi
....13.fl
,...13.03
k:::i:i3
i.i.iu
13.30
13.48
rx.NI
13.00
13.
IlW.
la. (i J
13.18
13.38
1S.41
13. ST
13,13
Cloae.
13.3.1
13.4J
13.00
la. 73
13.2U
Liverpool Cotton
tlVKUPOOU July 31. Spot cotton was
.()Ulet today and four points higher on the
basis' of 8.10d for mldupland. The sales
were C00O bales, includlpg 4SQ0 bales Amer
ican. The receipts were 30,000 bales, in
cluding 29,SqO bales American, The market
for futures closed e'eady at a net ad
Vance of H 5 points.
! DIVIDENDS FAIL AS MUFFLER
Stockholders Press Suit for Accounting
of American Hide and Leather
TRENTON. N. X. July 31. Xotwlth
Utandlng the announcement of the Amer
ican Hide and Leather Company on July
2 that a dividend of S per cent will be
Iald on preferred stock on Kepteraber 1 to
holders of record August 17, the preferred
stockholders, who are Insisting that ad
U,lonal profits shall be distributed, today
Wed an amended bill of complaint In the
few Jersey Court of Chancery to enforce
Mi accounting.
Wltiie concerning somewhat the general
legations of mismanagement by the pro
noter of the corporation In 189), the
amended complaint today specifically re
quest Chancellor Walker Xa allow an ac
count of various transactions of the corporation.
1 ' Frederick Drew Bond and Hans P.
Greece, of New York, and Anderson Price,
Bergen, Nv J. Who arc counsel In the
uit. represent, a committee of preferred
t Stockholders appointed by Robert Hudson
t and T, W. Weeks.
Ha 4a 10.18 ........lOOH lOOV; 10
do 4!ia 1VII3 ......10J 107 J, 10
,do 4Ka 1U05 t07?4 1II7 10
If Y N 11 t II Ua.. ..112'.i 112J 11
N V Itwv mil K HM .TK r.
7000 N Y TbI sen 4Ha.... D7J4 75t U
2000 NYW C4 II 4Va.. 74 74 7
.... 1)2 112 II
.... CoV, 03 '4 II
1.... lUH "1 11
, ...limi luoii 10
... liu iri u
...101 101K 10
...l)4i 10 IS 10
754 7
200U Nor Pac prior 4a
luoii ao gen sa
looou Ore Snort 1, rf 4a
j anon rac coaat lat 3a
HUH) 1'cnnu 4a HUH...
omul do sen ct 414 ..
3000 da en 4Lia
1000 nio Or A V clt 4
1000 st 1, i j a uiria
3000 St 1. S F adj w 1
r.2O0O do can ct 4a
20500 do acr A w I
iloOd do aja w I
1000 South Hell Sa......
12000 South 1'a.e cv 4a....
I80011 do cv ret f p Sa...
1000 do rfd 4a
10OO South Itwr sen 4a.
13000 do con 3a
2700U Tenn O ret f p....
1700O Teiaa Co cv fla..,,,
10000 Third Ava adj Sa,.,
10OOO II a Hubber i:i...
32000 U H Steel H F Sa.,
KHM1 do S P res Sa.,.,
23000 Union Pao lat 4a...
18000 tin Hwr. S K 4a
11000 Va Oa Urown Ilroa... S7
Au.11, 4 iar inm ihi pa,, vi
2000 Wabaah lat Ba,.,.. ,103't
24000 do 2d Sa U8S
3000 Weat N Y Pa 4a,,. 84
in
"3H
. 80)1
TtllL
. :i t;sX
. 8I)i oJ
.lout, loot,
,102 io2;
. 9(1 00
.101H 101
. 92 01
.104K 104U
. 70 78H
.102., 102
.103U 103
.103 103
. OOJi 90
SHk an
A RVA
97
1II3U
98H
81
!S
r
, , .I . .
1 ar
' CJSi
d
LOCAL MINING STOCKS
TONOPAIt 8T0CK8.
Suiter ....... ..--. . .......
. T...- "... -,--.--
uiafuapa ,t............r...
Tt mr . ..4....,., ........
n WHmura ..............
., ..j ,. .. i ..,
l asiwaaion .,,.,.,,,..,,
'-.""W
1 INW i
P3
...,,.,
--t?M
..lt'.,ffl,i.t,.
O0W3FJELH STOCKS.
Bid.
.81
,04
.18
,1
St
5S
S3
4Kif-:;;.r.:;::::::::::;u: s
' cSfilL. " 'i"W" jjf.f
feiSS':::::-!:::: ill
IS1'. .v.::::::::r:r.::::::: :t
r aaawnrVjA?'--"
Aakad.
,ss
.od
:lo
IS
fi'
- u
27
.5
:1
01
5?
.......M..,H11, 4
isiHar'
IJHW"H"0 Jt .
,03
.13
T!'"
s
41
H- &W
mew tsk. wy M
4 amm mm
57t R "
tutu
NEW YORK COFFEE MARKET
NEW YOHK. July 31. The market for
coffee futures opened very steady at an ad
vance of S points or. support from brokers
vlth foreign connections. The trading was
fairly active, with sales on call 7 1 SO bags.
After the opening, trading n the coffee
market was quiet and with prices at
about the opening level. There was nothing
new In the early advices and the trade
at large seemed willing to await develop
ments before taking an aggressive stand
either way. The early market received the
support of foreign interests, with the selling
scattered. Receipts at Itlo and Santos for
the week totaled 409,000 bags or 78,000
.bags more than a week ago, and 57,000
bags less than a, year ago. No change was
reported in spots with Rio No, T quoted at
9ttc
Today"
opening,
Atunut ....
September 8.4308.5a
October ,,,
Nomtr .,,.,,,.,,, .....
Itoimkr 8.19 08.00
January ...S.03
February .,,....,,,,
March ..- ... 8.788,TS
April -.-.
Slay ii.6T08.SS
Juna
Bid.
Total c-Iea, 7000 baya.
Saturday!
rloae.
8.3HQ8.40
H. 4318.44
8.470S.4H
'8. .1108.32
tt.34$8.aa
8.11008.81
8.tana.M7
8.728,73
8.77Q8.78
h.K!rrM.H3
8.8768.88
RAILROAD EARNINGS
INTEBKATiqNAU AND OREAT NORTIIRPN.
lulu.
I692.UOJ
24.233
9.420.2UI
June fOMm
Met alter Us
Twivw montha aruaa
f,., ,,W a ,600.407
-Third week Julr SSI. 123
arosx jujy x J9d,u23
BBTnorr ano wackinac.
Junt'gioaa 1103,047 118.773
Kat alter tajta 20.703 740s
ATIINTA. DIIlillNOHASI ANO ATUlNTia
Increaaa.
J7J.1U1
S3. 588
S.I I1.0U5
833,1)08
18,831
34,334
?? weak July
rgsu ujjr 1...
138.637
172,108
.....
atcwison.
Juno (tou 111,331.400
Net r tax 3.7U,2l
Tha maHUa' srpa. .13.7(13.JJ
Kaj fUr tax a3,7J8.8M
GRAND TBUHK.
Ttka w July ll.iio.s28
IS II I 1 IJ"T-Bl sapaeit ll
?S4!5
V.UI4
11.083,407
731.3IS
ln.Wju.sys
7.73s,?a
15.3JS
'
Sf Wkeat Steady in Liverpool
lavaRPOOIfc July 31. Spot wheat was
tedy and unchanged today, with No.
hard wiatsr quoted at 17s Id: No. 1 Nor-
1 tilers Mitoti t 13 M and No, Korth-
fsjptsy. i r JinWib at U Id. Corn waa ady
N I 4P aajHUfH, WftM vtjntrirn SS1-
" fumiFwW. mta t it tic
I New York Stock Sales
I.ait close, tilth.
Alasks J (3olA t
Alaska Gold M J7H
Ailt risbbcl ,,.,.. 05
Anij-Chalmcrs JUst 21f
Alll-Chalm;n Mfciif ... 73'f
Am Ag CuemlcdWft..,. 07
Am Ag ChemlcajBtt'..,. 08!f
Am ncet Suiaf.,,... fair
Am nrsfce S A l;''p'....181
Am t,n .,,,... .,,.,,. off
Am Can pf.. ......
8
03
22
74
CT
100
S91,
11)8
&
Am Car ft Fdy , 67
Am Hide a Leather pf... 6.1
Am Ice Securities ,, 27)9
Am LocomotlTC. ......... 0.jJt
Am Locomotlvo rf ..,.,.. 101
Am Hmcit fc Itef MM
Am Strel Foundries. .til S2
Am Tel A Tel ,.,,. 129M
Am Tobacco, ,,222
Am Tobacco pf now 103
Am Woolen rf . . . t. . M
Am Zinc LA Sm 32H
Ahaconda Copper M.,,,. 70
Alch Top& 8 F ,..,.. 101
Attn Top & S K pf.,.,.. 00
AllOnlf ftVI C2M
At! Gulf & Wlpf...... 03
Hald Ixk Wks... ,.,., COM
Halt ft Ohio...., STAi
Ilroobl.vn lUp 't'r. ....... 8-iM
lian T A It It sec OM
Dull Koch at1 100
Hutto A Superior..,,.... 07M
,np hum no
Voir,
8
17M
M
21M
74
CO
DOM 100
CT 80
MM 198
54M 65
Close.
8
17M
03
21M
74
C9
WHEAT IRREGULAR
,. AT CLOSE OF DAY
Market Hollies Early on Bad
Crop News From the '
Northwest
Sates in Philadelphia
MOM
68!(
MM
27M
COM
101
D.W
r,2i
68M 67f
MM MM
27 20M
07 05M
101 lot
03M P3M
ran 2
129M 120M 120K
221 221 221
10SM 107 107
0.M IM Vim
33M 33M
78M 7831
102M lOl
00 00
03 03
M fit
COM 70'
84M
0
100
07M
33M
70M
10.3
IW
03
01
71M
fOM
84M
0
100
07M
&)
84f
0
101
07M
0HA1X I1EI.T WRATltKtl it)ltKCAST
ntlt'AOO, 4utr 31. The weather fore
eo for 38 hour follow! ...
. Illinois Oenernlly fnlr tantiht and Titea
nari fooler Tneaday and north nnd central
day
tonlaht.
.inn
irtlit
Ul
,i.
Mlnnpontn Fnlr tonlxht nnd Tneailnyl
fionrl Oenernlly fair tonlitht nnd Tne-
'i aiianiii
tlienut Tn
ahtly eimlrr lonlnhti north nnd
tonlaht nnd Tneadayi
nortneniit Tneoinr,
iieonMn mir
i
rooler tonight,
W Innmtntnv
enoler tonlaht nenf l.nKo Mnperlort warmer
Tneaday, writ. ..... ,
Iown OrnernllT fnlr font?'1 Kr1 Tneadnyt
rooler tonlehti aluhtly wnniK edny, ex
tremo northweit, ... ...
North llnkntn rnlr tonlaht nnd Tuea
iinTi wnrirer Tneadav nnd north tonlitht, ..
. Honlh l)iko(i nnd Nrhrsaksr-Wrnemllr
fnlr tonlaht nnd Tnerty nnn . nroDOB
tlfilnridny( wnrmer Tueidny, norm.
My
dy allahtlr rooler
wnrmer w
I inlaht.
rilnrndny, northwest.
eo
ndn
northirrflti
175M 177
M'.i
112
10IM
COM
47M
DIM
128
IBM
7I'(
43M
47M
DIM
128
11M
73
43M
Canadian Pacific ...170M 177
Central LcatHer MM MM fit
Onlr.il Ix-athorrf. ..... 112M 112M 112
Chandler Motor, 103M 101'j 10 1
Cum ft Ohio ftOii CAM CO
Chlno Copper.,, ,..48 48
Ohlraeo Jill A St Pant . . 0. 0"i
Chkaco A Northtrejtorn 127 128
Chlcaio It I A Pac 10M 10M
Clnott, Pea ft Co 7.1 74M
Col Fuel Alton 43M 44M
CoawllilaW Oil 131 133M 133M 133M
Corn ProducttlUf pf.. 00M 89 oO 60
Crucible Stcri GSM COM 08M CSM
Cuba Cane Suzar csM f9M tiU'i fiOM
Cubi Cane Sugar pf OIM Olt, OIM OI'X
Denver ft Itlo Or pf 31 3tM 34M 3IM
Detroit Unltal Hys 110 118 118 118
Distill Sec Corp'n 43,M 44M 41M 44M
Dome Mines 20 2(1 211 20
Kloc Storage Bat 07! 0V OS 0.5
Erie .V, m 3-1 31U
Krto 1st pf C1M T2 MM :,2
Gen Chemical 300 .TftJ 302 302
Gen Chemical pf 113M 113M 113M 113M
General Electric 10SM 109 10SM 100
General Motors pf 110 ll.VM lir, llrtM
Grjano-Cananea 40 40M 4(1 40
Goodrich II F 71M 72,' a 72M 72M
tiooaricn ii Kpr .113)5 U3H 113M 113M
Great Northern pf 11
G N cfs for ore uroo So
llllnoU Central 103
Int Con Cor t t c sh. .. . 10U
Int Con Corp'n pf 7.W
Int Paper lt&r
Int Paper pf 0.1
Imp Con Cop 47M
Int Nlctcl v t eft 41M
Int M M oof dep 24M
Int M M pf c of dep . ... S.")
Jewel Tea 2
Kcnnccott Copper.. 45M
Lack Steel Co 71
Laclede Oa? 10.1
Lako Erie ft West 20'f
Lehlsh Valloy 77M
I.co Hubber Tiro 43M
Mackay Cos 82
Manhattan Shirt Co 03
Mav Dept Stores pf 105
Maxell Motors 81M
Matircll Motors 1st pf .. 87M
Minn St PAS SM ....124
Mexican Petroleum OSJi
Miami Copper 34M
MLssourl I'acltle..... ,CJf
Missouri Paciric tr eft. . . . 0
Montana Power 01
Nat lllscult pf 125
Nat i:nam ft 8 Co 23M
Nat Lead Co C3M
Nev Con Cop MH
New York Air Drake.. ..12(1
Now York 0 ft West.... 20
Norfolk A Western 127M 128
Norfolk ft Western pf . . .87M 8(IM
North American (I3M OS
i 117M 117M 117M
;
103
10M
74
14M
05M
47M
41M
20
S8M
83
45M
7DJ
10..
21
77M
41
SIM
05
107
82M
87M
123M
09M
31M
0
0
02M
03M
10M
128
20M
Northern Pacific.
X
103
10M
74
14
IWM
47M
43M
24M
8SM
8.1
44M
70)j
105
21
70M
4t
SIM
05
107
81
S7
122M
03M
31M
CM
5M
02
127M 127M 127.M
23f 23 23M
13M C3M
18M I0.M
120 123
20 20
127U 128
60M 80M
03 08
:v
103
10M
74
MM
05M
47M
41M
25M
88
8.3
45
71
105
21
77M
41
81M
05
107
81M
87
12.1M
OSM
34M
5M
5M
02M
CHICAGO, July 31, After developing
strength for a time followlns weakness, the
wheat mnrl 't sagged njaln today and
closed Irregular, with July n. little lower
and September nnd December a trlllo higher.
Tho rally was duo to continued had news
with regard to the crop In tho American
northwest and Canada. Larger receipts In
tho southwest, however, were against tho
market and professional speculators were
hcaVlsh. A leading authority telegraphed
from l'ortage La I'rarlc, Manitoba, that all
fields examined by him today wero affected
with black rust nnd thnt If the weather
continued hot ho believed the damnga will
bo great.
Tho market at Liverpool was steady on
smaller arrival, Btlflne3S in freight rates,
damage reports from tho United States
and Canada and unfavorable weather con
ditions In Kuropc.
Corn ended easier after It had sold
abovo Saturday's close. Scattered rains In
Nebraska Saturday night nnd In south
western Iowa favored the bears. Un
favorable crop news wan received from
Kansas and Oklahoma. The market at
Liverpool was firm.
OatH finished easier.
Leading tuturea ranged na follows:
, -" BatMty's
Wheat Own. llleh. law. Cloio. cloio.
July 1.1SH 1.2(i l.tlji t HiH l.iuf.
Sept 1.21 l.SMfc l.lSl.aiH 1.21i
Vvc 1.24U .1.B3S 1.23tl l.SlS 1.24H
t orn inow uonvMry,
" . s. , JTlKh. low. Close, cha-e.
co Acme Tics sa ss
IS Am Ilys pr o ' fVS Qb ....
it BSLopr..ioH ios ioi i
1 Cam Iron, 45 4S 43 . ,,,.
ill Eleo Stor.. ot eyt 83 .....
30 den Asp pr 60 60 60 . ....
Id Ins Co NA Sift 2 3 .4i..
SO K T Co pr OS - 6H 65
180 Lk Sup Cor 10V6 10 10
8 Leh Nav ,. ?Sf, M4M, 1i 1
sa Leh Val .. :i 70 17
2.15 Tenna It It soft 80 boa A
SO PhCncum p 40 30H S9H
240 Thlla Elec. 28 2Mi 2Mi Mi
200 PKT tr ctfs 19V4 IBM 19H
000 Ton Bel .. ty, 1 iy, .....
2S0 Ton Mln ( 8 oft Sft ft
70 UnTrac .,44 44 41
13 U O 1 ... 87 87 81
60.1 V S Steel, 80ft 80ft 80ft
20 West Elec. 67ft 07ft fttft lft
20 War 1 ft S Oft Oft Oft.,...
60 W J & Sea 40ft 49ft 40ft .....
82 Westmld C 70 70 70
SO York Hv... 14 14 It
Ex dividend.
Increase. Decrease.
UOND3. Net
. . . .. High. Low. Close, ehjro.
fSlOO AmG&ElBs. 01 03ft ot ft
1000 Int Itys 4s 87 87 87 , , . 1 .
2000 K T 1st 5s 08ft 08V4 08ft .4- ft
1000 li V gen 4s 00 90 00 . ....
17000 li V cons
4 ',4a 2002 00ft 90ft 00ft
1000 ra&MdSGs.l07 107 107
0000 Fhlla El 4s 84 81 81 ft
6000 do 5s ..103 101ft 103
4000 Heads gnts 03ft 03 OS ft
4-lncrease. Decrease
RAILROAD TONNAGE CONTINUES LARGE
OVER LINES OPERATING EASTWARD
Facilities of Carriers Are Still Taxed to tho Limit and Offi
cials Do Not Expect Change SoonLocal
Stock Market Quiet
m-
Local Bid and Asked
Pacing Mall... 20
.110M 1UM 110M 110M
"Penn Railroad.
Philadelphia Co
Pitts Coal CoN J..
Pittsburgh Steel pf ....
Prcsst-d S Car Co
Ity Steel Sp Co
Hay Con Copper
Reading
Reading 2d pf
Republic Iron AS
Republic Iron A 8 pf..
'Sears. Roo A Co ....
Shat Ariz Cop
Southern l'arinc.......
Southern Ity
Standard Milling rts...
Standard Mlllln" pf...
Studebakrr Co
Tcnu Copper
Texas Co
Total Pacific
Third Avenue
Twin City RT
Union Has A Paper....
Union Bag A P pf
United Cigar Stores....
Union I'acltle
U SInd Alcohol
USOIP&K
us 01 pa rpf
United Fruit
US Realty A Imp
U S Rubber 1st pf.....
US Steel Corp'n
U S Steel Corp'n pf . .
Utah Copper
Va-Caro Chem.. ,
Wabash, pf A
Wabash pr II
West E AM
Western Maryland ,
West Union Tele.
20 20 20
MM KIM 58M 50M
. 3hM 30M 30M 39M
. 20M 20M 20U 2(1M
. 08M OSM IWM OSM
. 47M 47M 47M 47M
. 43 43 42M 43
. 22M 23 22M 23
. OSM 95M ft) OSM
. 41 44 41 44
. 40M 47M 47M 47M
,100)1 110 109M 100M
.202 20 1M 200 200
. 20 20 20 20
. 97M 07U 07M 07M
. 22K 22M 22M
87M 87M S7)i
Julr
eiit. . . .
Die
Oatn
Julr ....
Sent. , . .
Der
Lard
Julr ....
.Sent. ...
Oct
Hlba
July ...,
.'lept. . . .
Oil
Pork
July ....
MpdI. . . .
Wii
R.T
. . isH
.. OH
.. 4I1
.. 4i)S
..12.02
..12.117
. .12.U3
lU't
(IRS
4n?t
ll'i
43)
12.02
12. (IT
12.117
82
UT
HIIV4
43
82U
ao'.i
t!3(i
..13.43
..13.47
..23.73
2I.KU
tAakeil,
13.47 13.23
12 32 12.32
IS. 81 tlS.tli
12.U0 12.02
13.10
13. II)
23 75
24.110
21 S7
21.DU
23.03
24. UU
tfi.8
40!i
t7a
.n7
12.72
12.73
'13.50
13.31)
f23.73
24.75
1
FOREIGN EXCHANGE
NEW YOHK, July 31. Although there
was a steady tone to the foreign exchange
market this mornlnir, little or no business
was transacted. I.lro showed a. decllno ot
li, Swiss U, Vienna 5 points and guilder
checks ft. Other quotations were un
changed. Demand Merlins 4.7S 13-16,
cables, 4. 70, 00 days 1.71-li. UO ilavs
4.C9',4 04.Ca4 1 franc checks G.907i, cables
5.90aj, relchmarks checks 71 13-10, cables
71T4: Hro checks' C.I!), cables 0.48H. Swiss
checks C.2f".i, cables 5.23 Vi ; Vienna checks
12.30, cables 12.35; Scandinavian kronor
checks 28.S0, cables 28.90; pesetnb checks
20.1G, cables 20.23; guilders checlls 41-;
cables 41 7-1G ; rubles checks 30.45, cables
30.50.
Duff A Gua te ,
uo prer tc ,..,,.,. oi
Itrlll J U 32
Ualdtrln , 70
To1ar. Raturilav.
nid, Aaked. .Bid.. Asked,.
4S
Qfllclftlk of railroads operating eastward
from Chicago nnd St. Louis report no par
ticular change In the general situation
which lias prevailed over theso lines for a
number nf weeks with regard to tho volume
of tonnnge moving eastward. It still re
mains large enough to tax the facllltlei
of tho railroads almost to tho limit, and
ofllclnls expect this situation to continue
Indefinitely,
The westbound movement Is comfortably
,ln excess of a yenr ngo, although the situa
tion Is not as acute as that of freight mov
ing eastward.
General business continues to be stimu
lated by tho cxtrcmo activity nt the large
Industrial polnWln tho section covered by
these roods.
Odlclals of southern roadi report satis
factory gains In tonnago a"nd say that busi
ness Is cneournglng. .-
Trading Was quiet throughout the morn
ing on the Philadelphia Stock Exchnngo
nnd what sales wero made were confined to
n few Itaucs. Electric Storage Battery wss
again In demand nnd sold up a fraction
early In the day at 67,the high ot last
weik'n movement. Philadelphia Klectrla
gained a fraction to 28 early In tho trad
ing, but later dropped to 2 8 ylt Saturday's
tlo.ilng prlco Iehlgh Valley was off a
i ,tctlon at- 7T&, and Pennsylvania was
unchanged at 6G-Vi. Warwick Iron nnd
Steel went for Saturday's last prlco, 9'.6.
There was little business In the bond mar
ket, Philadelphia niectrlq 4s and 6s trers
tho most actlvo, the former gaining V to
471, nnd tho latter M to 105. Hemline gen
eral 4s sold unchanged at 95 U.
During tho first part of tho afternoon
thero was ittllo Improvement In the activity.
Pennsylvania shnded a fraction and United
dns Improvement sold off a quarter at 874
The market remained quiet during tho
lato trading. Lehigh Valley dropped bade
Hi, Acme Tea was down a half to C2 anil
United Gas Improvement dropped to 87f.
Pennsylvania gained a fraction, selling at
B6T4.
lJlee moraire
uen Aprelt
do pref ,.
ICeratuna Telephone
rfu t c , , ,
lo pref .,,.
Lake Mun t.'orp ,,.
Lehigh Niv
i,eniBn valley
Stt
33
, l)
14
, 14
US
II)
74
no
nil
S3
7IH4
0014
S3
t!9M
144
145i
111)
10
744
4SVi
43
88
32
111)
11
14
117
ID
7.1
77'
SO
58
7(1
07
33
Clrti
HVi
14H
W..
ll14
73i
77'i
i,eninn vnuey ..... .. if li',i
In pref 42U MSS 42 43.,
Pennaylvnnla r.OH 5(1 Bilji. OOji
P'l"a Klectrlo 2StJ 2S5 2sT 2!fSi
3tf
I'hlla Co .1(1
ill) 5 tx-r rent ttrpf . . . :17
ilo 0 pr cent pref. . . . 3UJ4
i ... inn
(in t
Heading
Tonopnli Itelmont
Tonopah .Mlnlnl.,
Union Traction ..
II tlaa Imp
tt 8 Steel ,
York Itwr
do Prof ,
Wm Crnmp t c...
Ex dlldend.
ii r.
4
r.ti
44
87S
MIS
II
3IIJ4
72ii
40
3)
41)
21)
0311
4 'A
0
4tU
8.1
SliH
37
73
3lll
UlC
44
87;
sitH
4ll.i
31)
41)
20 .
MVi
II
44IJ
SK
N'l',4
13
37(4
75
PHILADELPHIA
MARKETS
JULY STOCK TRADING HERE
SMALLEST SINCE FEBRUARY, 1915
Business in Bonds Falls to Lowest
Level Since January df Last Year
Not since Fcbrttnry of last year has the
trading In (docks on tho Philadelphia Slock
Exchanga fallen to such a low level as dur
ing July. In tho caso of bonds It wns the
smallest month's business slnco January of
last year. Tho number of shares of stock
wmen changed hands In tho month reachod
the total of 102,701. This compares with
201.035 In June nnd 374,287 In July of
1015. Hond sales totnlcd 11.057.450, as
against Jl, 111,795 In Juno nnd ,1,310,392
In July of last year.
Tho slock business Is tho smallest of nny
July In the last threo years nnd bond busi
ness has not been So small In nny July
since 1913. Tho largest month's trading this
year was In lfebruaryf when tho sales
totaled 012,551. At that time merger of
tho Cambria Steel with the Mldvale Steel
was going on nnd the trading In the former
stock was vory actlvo on tho exchange,
making up tho bulk of the business.
Transactions In stocks nnd bonds for the
tasi tnreo years follow:
CURB TRADING SMALL;
PRICES ARE NARROW
Business Restricted by In
tense Heat Aetna Explosives
Leader Oil Stocks Heavy
NUllIIEn OP SHARES.
RATES FOR MONEY
New Tork . .
Philadelphia
lloaton . . . .
Chicago ....
Cull,
2 ffl3&
4
h'.iOl
Time.
34 M4K
1 K tty a
i
18
BANK CLEARINGS
Dank rlcarlnga today compared with corre
sponding day Inst two yeurs:
10111. int.-.. urn.
rhlladeJpbla.t2D.13l.23!) 122.11m. 7.' I ISO.H.IM.flift
lloaton 111,1147.704 1H.30.'i.7iI3 27.01K.182
Now York...27l).71ll.llll.- 22S.317,7H1 2IS.073,UH7
Chicago .... nH.III2.2H3 34.271,112 .. ...I...
St. I-oula ... 17.11311.2113 1.1.882,113 .......
Baltimore. ,. 0.233.1UH 3,1141.433
Reserve Banlts' Discount Rates
10 or Over II) Over 30 Over 00
up 10 .jii up 10 no.
.127JI 12S
. 2551 20i
.10JH 195
ll'i 11' !i
PJ7
MX
192
UX
GHi
COX
0i
39X
98X
1"JX
ii
87X
127X
25! i
10.-)
114
02
OGX
CX
39X
USX
02K 112
1. wm van
,. ax ox
. 39X 39X
. OSJi Wi
.130X 137i 130X 137X
lOOX 109 100H.10S
. 20 20X 19X 20
. Wi C1X 5.1 MJf
.150 167X 15GX 150X
. 29 29J 29), 29X
.1QSX 10835 108X'
SOX 87 8X
.11SJJ 110X 110),'
. 70 70X 70
37X 39X
50
49X
20X
50
27
93
Wheel & U E 2n pf 5
Wisconsin Central 50
Willys Overland 69X
WUljrs Oierland pf 105
Quoted ex dividend.
:ox
58
27
92X
Mi
497
59!f
100
,39X
50
20X
50
27
92X
5X
48
57X
108) i
8CX
UOX
70X
39X
50
20X
67Ji
27
03X
5X
49X
5.H.X
Itoaton
Nw York ..
Philadelphia .
Olovelnnd . .
Ittchmond '. .
Atlanta
CMiatco
St. Luula ...
Mlnneapolla ..
Konaaa City.
D.illan
Sen Franclitro.
leaa.
.1
:i
s"j
31,
3"
4
3
Commercial paper,
4 ai
phla.
3V,
4
4
4
4
4
4
4
4
1
3
to 0
4
4
4
4
4
4
4
4
4
months.
up to uo.
4
4
4W
4
4
r
rhllaUel-
Over 00.
Itcston , ft
New York . . . It
I'hlladttlptila .. 416
Cleveland , ... ft
l.rhmonl .... ft
Atlanta ...... ft
Chicago ...... ft
st. Louu .... a
Minneapolis ... ft
ivansui uiir. . a
Dallat
San Francisco.
Up to 30 days:
over UO to 00. 4)k per cent,
cent.
.1
ier i'nt.
Acrlcul. Trade Acceptances, Com
up 10 uu.
.s
!7i
to VU.modlty.
3V
-3 3(4
over 30 to CO. 4
anil over uo, & per
3H
3
i
3
3t4
per cent.
LOCAL LOANS SMALLER
10334 100
Financial Briefs
The June production of Nevada Consoll
dated was 8. 051,772 pounds; China was
7,313,618 pounds; Utah Copper was 17,
877,493 pounds and Itay Consolidated was
6,598,691 pounds.
New York banks gained from Sub'treasttry
Saturday J1.03J.000 and since last Friday
J2.W.00O.
It Is officially announced that provision
has been made for taking up on August 1
the J2.500.000 two-year notes of the Minns
spoils and St. Ixuls Ilailroad Company that
were dua on February 1, but which, under
the readjustment plan, were extended to
August I.
Miller & Co. announce that the 25,000
shares of the capital ttcck ot the gcrlppa
Booth Corporation which had been offered
by them at J 50 net share have been largely
oversubscribed Snd that the subscription
books have been closed.
Articles of incorporation were filed In Al
bany, N. V., today by Fried, .Mendelsohn &
Co, The capital is (600.000. The directors
are Isaac Mendelsohn, Henry Mendelsohn
and Benjamin F. I.onu. of New York city.
The corporation will deal n silks.
The airard Trust fompany has been ap
pointed registrar of all Issues of bonds of
the Pennsylvania Steel Company requiring
registration. Hereafter bondholders desiring-
to have their bonds registered, upon
transfer or otherwise, should present them
to said company Instead of to the Pennsyl
vania Steel Company, all of whose assets
and franchises have been sold and con
veyed tg Penn Mary Steel pompany, a sub
sidiary of Bethlehem Steel Company.
Pave Vay for American Nickel Plant
OTTAWA, July 11. -y The International
Nickel Company of Canada la tho title of a
new corporation just chartered here. Tho
capital stocX In f)00,0QQ and the head
office pf the company is to be at Toronto.
This la the first step taken by the inter
national Nickel Company, the American
corporation, to put into tSixL the under
takings ghr to th Gbvctnro.eut Ust winter
that a nickel j-etala plant vtqiM ba etb
Usbed in the Deflolaloii.
Deposits of Institutions Decline, While
Surplus Gains
The statement of tho condition of the
members of the Philadelphia Clearing
House Association for the last week shows
a decrease of Jl, 652, 000 in loans. Deposits,
both bank and Individual, also declined,
the falling off being the largest In the
latter. The drop in loans was reflected In
an Increase In the surplus, that jtem 'show
ing a gain of (1,513,000,
Dlf.prev.wk.
clearances.
J1.IW2.IIIUI
packed creamery wit H c higher. FolloCvlne .
quotatlona: Western aoltd.packetl rreame
inner, apeciais. a.c: extra, auvfaic:
I.oana
Dcnoalta find) ..
Circulation
Due from banks
Depoalta of banka ....
Kx Clearing Itouae ...
Iteaervea held
Iteaervea required ,,,.
Hurplua
Surplua A'wuat '-'. 1013
Hurplua, July '.'8. 113
rlurslua July 20, 1SU
dtrplua July 31 lull
July 31. lain.
.i.MID.IUM.niHl
. 424,1)10,000
, l,430lll)
, 71.44S.OOO
, 1II3.32II.O0O
. 13.1H1. (WO
. S,2SS.00il
',4.1UHI,IKJII
S3.175.00O
,.,.,,,,
,,...,,,
.,,,,,,.,
,.,,,,
2.090.000
n. iiuu
.I.RT'.'.OOO
l.hot.oon
1.411.000
1,38(1,000
410.000
1.313.1)01)
4S,34l,niwi
T, 814. 000
i(.i'li.l)IH)
11,410,730
BANK CLEARINGS SMALLER
Total clearings of Philadelphia banks for
the month ending today are Jl, 030.075, 020.
This Is an Increase of (318,359,450 over the
corresponding month last year and a de
crease of (11,490,683, compared with June
of this year.
, lain.
January Jl.014.KiiO.191
IKMIM
VVbruarv
March ,,
April .,,
Muv .
June
July
Aiwuat
Bptember ,,.,,
October ...,,,.,
November ......
Dttvmber ......
IS montba' Krons
u fin. 70'. am
1.013. lii.S.i;'.'
l.lllll.ndl.lHIU
1.03a,Ul)N.33'J
.l)7'J.4nil,7l)3
.030.070,030
t. ........
..........
1015.
tr.Al.S43.T78
B77,071).lS4
tl30.IHI2.17U
14T.lV.".;ill'4
tlS.illi'-Mil
n.V.,H,.3.!ISS
737.U3S.2lil
UDI.4IUi,8U')
b73.4r,l).23M
1.03... (117.324
8.03.M3.'.'Si
Chicago Grain Receipts Increase
CHICAGO, July 31. Grain receipts at
Chicago last week, all kinds, amounted to
7.S10.000 bushels, against 1.898.000 bushels
last week, and were 2,745,000 bushels In ex
cess of one year ago. Arrivals of wheat were
354.000 bushels larger than those of the
previous week, but fell off 125,000 bushels
from the same week of 1915. Deliveries of
corn increased C 10,000 bushels for the week
and 1,710,000 bushels for the year. Oats
receipts were 811,000 bushels heavier than
the preceding week Total flour' arrivals
for the week were 114,000 barrels, a gain
ot 23.000 barrels, and 41,000 bushels In
excess of a. year ago.
NEW YORK BUTTER AND EGGS
NEW TOHK.
BY"'
aoorlnf, 304
uouaiioa
SSas
afui trie
lie.
July 81; BUTTER Firm on
araae. price lavor Kiitr, Receipt.
fJlc: 8tU, Ulrjr. S92Uci
frumerr. zac.
uU
9t
ae qvlr -. other rwki ouiet
""H.1!-. 4l.vi. t-iirxj. t
Kkauu.
'is. mnu nnif. ?nu n.TU.
."f- . .rv.' " 7-'m -v't.
ci pruvnx. 4iviK. suxea colon.
?JlrJl-i9
Vv'TS1
GRAIN AND FLOUR
tVIICAT Itocelpta, 77,31)0 buahoH. Prices
early In tha day declined lc. but demand wan
fnlrty active, nnd the lo8a was soon recovered
and tho. market closed llrm. tluutnllonn: i'nr
lota. In export elevator No. 2 rfd. spot, SI. 2349
1.25: No. 2 -outliern red. J1.2KUH.23; steamer
N.i. 2 red, $1.2001.22: No. 3 red. -1.2il(l.V2;
rejected A. ll.l7Ql.lt). rejected II. 11.13W1.17-
C'OIW necelpta. 24.H0D buali. Truda was nulet'
with no change In prices. (Quotations; Car lota
for local trndi, na to location Western No. 2
.ellow. U2MI)2Hc; do. steamer jelluw. StWlil'.i:
do, No. 3 3d low. 8U0VUC-. do. No. 4 yellow, to
&S7c. 1
OATS Receipts. 47.287 bush. Tho market
ruled ateady but trade, wns quiet. Quotations:
No. 2 whim. 4l)B!4c; standard white. 4HW
IKj4c; No. 3 white. 4(114 W47inci No. 1 wnne.
43it?lttyc: sample oata. 40h(P41Vac; purluod
oafs, eroded. 4Ui(p47Hc.
FI.OUll ltccelpta. 11.037 bbls. and 2,210.330
lbs. In Backs. Tnera wus llttlo tradlnir nnd tho
market was larnely nominal. Quotations per 1DH
lbs. In wood: Winter clear. 13 ty 3.23: do. MruWht.
13.23ij3.73; do. patent, ir,.7."VtU; Kansas, clear,
cotton sacka. 1.1. 13(3. ill: do. atralitllt. cot.
ton sacks, 13.7311; do, patent, cotton sacs.
!nU.2S; sprlnjr. llrst clear. 13.23I'3.3II: do,
stralxht. 13.UuS3.U0: do, patent. i(l(l.3U: do.
tavorlte brunda. lil.7r,ib)7.23; cltv mills, choice
and fancy patent. lll.75U7.2r). City mills, regu
lar srrade Winter. clear. 15Wr 23; do.
atralaht, 13.23W5.73; do patent. 13.7300.
KYi: 1,'L.UUH Win quiet but steady under
ltjrht offerings. We quota nearby at S4.504?
4.73 per bbl., and western at 15 1305.50.
PROVISIONS
Trade was nulet. but prices were steadily held.
Quotations follow. City 'beef. In sets, smoked
and atrdrled. 2Sc; western beef. In sets, amoked,
2tic: city beef, knucklea and tenders, amoked
and alr-drled, 2t)c; wcatern beef, knucklea and
tendera, amoked. 29c: beef bams. 128&JU; pork,
family. 127.5UM28: hams, a. 1'. cured, loose,
lS'.i &181c: do. sklnne.1. loose, IOKOIuVir:
do, do. amoked, 20 iP20Hc: other hama,
smoked, city cured, aa to brand nnd nvcrave.
ID Vic; hams, smoked, western cured. ID'ic; do,
boiled, boneless, 34c: picnic shoulders, H. V.
cured, loose, 14c: do, smoked. 13c: bellies. In
Elckle. according to average, locso. lUHc:
reakfast bacon, aa to brnnd und aernce, city
cured 21c, do. western cured. lW2ii; laril,
western, refined, tierces. 14Vic: do, do. tuts.
14Jjc: do. pure city, kettle rendered, la tierces,.
iivsc; uo. uo, in tups, iiftc.
REFINED SUGARS
The market was quiet and unchanged. He.
nnra' list prlcei Extra fine granulated.
7.5c: powdered. 7.73c: confecttouera' A. 7.33c:
aott grades. U. 00 7.50c.
DAIRY PRODUCTS
. I1IJTTER Fancy atock sold fairly and ruled
nrra mm supplies well under control. Moltd-
are
creamery.
vtrf, flrxlM
'l)c: flrsts. 2Sc: seconds. 2tt:7t4r: nearbv
prints, funcy. 33c: do. average extra, 31 6 32c:
do. nrata. 2N?30c: seconds. 27c; Jobbing sale
uf fancy prints. 311033c.
Klilia There was a good outlet for fh
limited receipts ot strictly tine eggs, valuea of
which ruled lrm. Quotatlona: In freo cases,
nearby extra. 20c per dox.: nearby firsts,
17. SO per standard case: nearly current receipts.
17. 3507.(13 per case; Western extras, 2Uc per
doz.: Western extra flrsts, 18.10WS.4l) per case;
flrsts. 17.30&7.80 per casa; fancy selected
candled fresh eggs were jobbing at 33031c per
doz.
CHEES Demand was fairly active, and the
market ruled firm and a shade higher under
stronger qutslda advices. Quotations; New
York, full cream, fancy, 10tt ltlttc: do. do,
fair to good, 1344 10c; part skims, 0014c.
POULTRY
LIVE The market was quiet and without
Important change. Offerings were ample Quo
tations; Fowls. 10H W2lc: roosters. 13014c;
spring chickens, according to nualltv. weigh
ing 102 lbs. and over apleo. 234o:!Uc; wblta
Leghorns, according to quality. 2u0:3c: ducks,
as to atxe and quality. 14010c; pigeon., old.
per iialr 2302Kc: da. young, per Pair. 2U022.
IMtEBSKD Fowls were scarce and Arm. with
trade fair. Ilrotlera were In ample supply and
barely steady. Quotations: Fresh-killed, dry
tucked fowls. 12 to bur. dry-packed, fancy se
lected, 22Hc do. weighing SlttrS lbs apleco,
22v; do, weighing 4 lbs apiece, -22c: do. weigh,
lug 3V4 lbs apiece. 21Hc; do. weighing 3 lba
apiece, 20021c Fowls. In bbls. Ic-packe).
fancy, dry-picked Northern Indiana .and Illi
nois, weighing 405 lbs apiece, 21Uc; do.
southern Indiana nnd Illinois, weighing 4
lbs apiece. 21c; smaller alzes. 18020c. Old
roosters dry-picked. 13c. i broiling chickens,
Illinois, large, 20027c; do. Indiana, large. 240
23c; do. smaller sixes. 22023c. Urollers. Jer
sey, fancy. 32034c; broilers, other nearby,
weighing 1Vi02 lba aplere. 30032c: broilers,
nearby, smaller sizes, 27020c: ducks, nearby,
spring, ?Uc; squabs, per. doz. White, weighing
llOli lb per doz. t3.230.Vfti: do. white,
weighing 1)010 lbs per doz.. It JtoQS; do, while,
weighing h lbs per doz.. 13.3003 RO: do, white,
weighing 1 lba, nerd ox.. 1303 SOs do white,
weluhlng B0114 lbs per dos.. 12.230:.'. 50: do.
dark, 1202.311; do, small and No, 2, 73C0I1.25,
FRESH FRUITS
There was a fair demand for rholv stock,
fttul alues generally ruled ateady tinder moderate
ortirinxs. Quotations; Aples. nlaware and
Maryland, per huipr. Fancy. 1101.23: fjlr to
good, 33 a 73c, Irfinons. per box. 1303. IMne
apptts. per crate Porto lttco. ll.5O03.6i).
Cherries. Niew Vorlc. sour, per Mb. bskt., 60 0
OOo: do", eating varieties, per 8-lb, bskt., 000
3o Vearbcs. tlwrgla. per carrier Belle. (1.73
02.SO; KlUtj'o. ll.73O2.80. Cnntaloune. Del
awar and llaall'id. per crate, 1102: do.,
North Caroltnu. ver standard crate. BOcotl; da.
da., per ll.it crate. MO 40c Watermelons,
southern, nr car, J150&325. ,
VEUETABUiS
The genvral market vux aul't and without
important ihJuit. Quotiallou: .Whit potatoes,
per bbt Ii)vj; Slurp. No, 1 11.7502: do.
Ko, 2. 75c, Nurtolg, No. 1. J1.5U01.15;
do.. No. S, 75 IVtlte pctatoe. Jersey, per
lkt., 40045c. cweet I'..tato2. North Caro
ltoa, per bbl Na. 1. 1105; No. 2. J2.5Q&3 so.
Onions., Jersry. per liski.. ISeuJl; do:, Vlr.
xtnla. per bskt.. 1101.50; do., Iowa, per 100
lb. bag. JS.Oi). Izsclant. Norfolk, iwr crate.
12O;.S0. Cuuunibcrs, Norfolk, per I.W.. J1.30
02: do., da., per H-bbl. Ukt.. SO073C.; 4a..
do,, per 1-3 bbl. bkt.. Sue.
Supply of Wheat 40,910,000 Bushels
NEW YORK?, July 31 Tits following
table gives the visible supply of grain In
the United States aa ot July ii and the
changes from the previous week, quantities
in bushels: Wheat, 40,910,000: increase,
1.271,001. Corn. B.167.000; Increase. 551.
000. Qats, 8,537,000; decrease, 480,000,
January .
February
.March .,
April ...
May ....
Juno ....
July ....
AURUSt . .
Hcptcmbcr
October . ,
November
lcccmber
January .
February
March ...
April ....
.May .....
June .....
July ....
August . ,
September
October ,,
November
December
Ono day.
11)1)1.
00
31
sy.lys
2-'U,IITl
281,111
201,11.13
162,701
1U1.V
127,303
142,372
221,022
018.747
327,31)3
Ml, 0113
374.287
. 1127.182
1,0110,017
H33.07I)
soy.'jos
042,23:)
1011.
471,43(1
31)0,232
2BH.n3t
2(14,31111
187,(133
147,211)
1237,4 ID
'u'Mo
1011,703
0,232,404 2.010,310
PAlt VAI.H OF BOND3.
12,fl()l),230 11,020.531 11.0(17.500
1.1)14.07
1. II l3. 100
1,42.1.300
1.071, 135
1.414.703
1,037.130
1,832.1!)) I
1,837,401)
1.1103.1)1)4
1,033.030
1,340.31)2
l.tKf.lOX
l.lni),I)7rt
2,414.330
S.2I1II.I127
2,0118,1)84
1.I85.UKI
1,2-11, u;i
l,8Tl, :i81
1,144,323
.l,3'.ll),()3(l
11.270,300
i4!('lM
71)8,341
, 120.771,808 J10.713.010
ILesa one day.
NRW TOnif, July. 31. Traainir wss
small In prlco movements nnd tho market
was genernlly narrow on the Broad Street
Curb throughout the day, business being: re
stricted to a great extent by the Intense
heat.
Tho heaviest trading; tvna In Aetna Ex-
plosives, which wns dealt In to tho extend
of 10,000 shares, advancing from 1094 to
11U, nnd then more than losing tho gain.
It Is current gossip on the street that tho
movements In this stock were duo to dtt
Pont family diseniions. Some of the stocks
which had recently been prominent were
without support, Lynn Phonograph falling
from 3x to 2-i, and Flemish Lynn selling
at2i.
Tho Independent oil stocks wero heavy
with Cosdcn OH 'pressed for Bale nt conces
sions-nnd a decline of about 1 point was
sustained In Sinclair Oil. Chevrolet rose
from 207 to 212, followed by a sharp reac
tion, Strombcrg nnd Stutz Motors were
both In good demand at around recently
prevailing prices.
There, was a revival of activity In Amer
ican British Manufacturing, which, rose
from 12 to 15. Cosdon & Co, bonds de
clined from 10',4 to 103.
INDUSTRIALS.
Aetna Ktploelvcs
Am-iiritish. .Mfg ;;;;;
Am Ma rconl
Canadian Car tin
Can Car & Fdy pref
Chevrolet Motor
Ulsenlohr Tobacco
Curtlas Aeroplane
uuifca-aoanury
INVESTORS TO RECEIVE RECORD
DIVIDEND PAYMENTS IN AUGUST
$150,-
loncy and Discount at London
tjONDON. July 3t Pe Beers. lOTtt
Hand, IHi money, Hi, unchanged. Dis
counts short blfls, $(!&- Tture months
bills; SHH per cent, uaciUBtJ. '
Disbursements Will Exceed
725,465 During Month
NEW YORK, July 31, Hottirns specially
complied by the Journal ot Commerce in
dicate that investors will receive noxt month
the sum of 150,725,485, representing divi
dend nnd Interest disbursements. This Is
a new high, record for this period nnd com
pares with $120, 750, COS In August a year
ago, or nn Increaso of 20,274, 0B7.
Two hundred and four corporations will
distribute In the nggrcgato 82,725,465 to
stockholders, nn increase of 26,274,957.
Tho total covering dividends Is based on
payments to be made by 16C industrial nnd
miscellaneous companies, 21 steam rail
roads and 20 street railways.
This remarkable showing Is due to many
Initial payments, Increases and extras. Some
concerns will make payments on n larger
capitalization than a. year ngo, and it Js
also worthy ot noto that tho compilation
is nearer complete than In 1915.
Interest payments will cull for C8.000.000,
against 64,300,000 last year, the Increase
being due to new bond and note Issues.
do nref
Enierson monograph ...
Flemish ...;...."
Haskell A Darker Car .
llendce Mfg ,
Inter iter Marine
..do nfd
Kathodlon llrntiro pfd ...
Maxim Munitions
Manhattan Transit
Mldvale fitcel
(Kls.Klevator ,"
Peerless Motors
Poole Eng . , , , ,. ,
H S Kresge w 1 ;. ,
Standard Motors
Submarine lloat
Trlangla Film
Stromberg
United Motor
United Profit Sharing ...
US it 4 ft com
oo pro ,.i a
White Motors .... I. . " , . 03V4
world Film ... I; !;;.;!;;; .": i
white oaks ....:.. :;:.::: ::::::: o
BTANDAP.D OIL STOCKS.
"Knels 107
Onto .....,,,, "(l
Prairie Pino 5'
Standard Oil of California .::"2(lii
Standard Oil of Now Jersey 318
Standard Oil ot New York ....I.lsot
OTHER OIL STOCKS.
coaden 4 Co. , , , ,
Chalmers oil ...Vs...
International Petroleum
Houston Oli ........II
Midwest IteDnlng '
Sapulua Iteflnlng , ,,..
MININO STOCKS.
Atlanta ,
utt5N"y ."??.?h?.: :
Cerro da Pasco II I II 1 1 III
First National ..IIIIIIIIIIIIIII
Uoldneld Merger .....III I II I III
iieca Riming ..,,,.. ...,
Illd. Asked,
:4?H. 383M
. 73 HS
,208 213
....311 40
.... 07 100
.... 80 43
.... 117 100
Ill, IHi
.... 2',t
.... 3.1, 33
.... 31H .13
....24 2(1
....S3 BO
....20 21
in: J J
:: 1 1 olw "Hi
.,..37 BB
.... 22 23
. ... HO 103
....10W W
. ... r, i n
.... 32 S3J4
:::: 4
.... 07H 07tt
, . , M
... 24 2W
3K
13
4
10
13
nn
10H
TRUCK MERGER PLANS COMPLETE
to
Thomas Ncnl Hcnd3 Corporation
Take Signal and Commercial
NRW YOniC, July 31. Tho merger
plans of tho Signal Truck Company and
the Commercial Truck Company have been
completod and a new company to bo known
as Die Signal Commerce Motor Truck
Company has been formed. Thomas Keal,
former vice president of the General Motors
Company, will be' president of the new
company, while Walter Tarker will be
vice president The other officers will be
named later.
There will be, according' to an announce
ment made today, an Issue of 450,000 shares
of stock, 250,000 of which will be offered
to tho public at six dollars per share. The
remaining stock: will go to tho owners of
tho two companies.
Cotton Buyers and Sellers
NEW YOHK. July 31. October Smith.
Dastiford and Itountreo bought; Hartcorn,
llyman. Schley, Schill and llagedorn sold,
December - C. Hicks, Itay, Smith and
Hubbard, Jr., bought; Mitchell, Brooks,
Geran, Hyman, Black and Geer sold.
January llagedorn, Schanz, Schill and
Hooper bought; Fllnn, McBnany, Hartcorn
and Sellar sold.
MarchBrooks and O'Connor bought;
Newman, Smith, Rosenberg, Wilson, Sellar
and Itountreo sold.
DIVIDENDS DECLARED
llolllngsr Consolidated Oold Mines. Ltd., rag.
ular fourth weekly of 1 per cent, payable
August 11 to holders of record August 4.
lloston Elevated Hallway Company, quarterly
1H per rent, payable August 13 to stockholders
of record August I.
National Steel Company, Quarterly of IK per
rent on preferred, payable October 10. Books
close September 3D. reopen October 13.
Tbo Bond mid Mortgage (luarsnty Company,
regular 'iuarttrly of 1 per cent, payuble August
IS to holders, nf record August 6V
Merrimack Manufacturing Company, regular
semiannual 2VJ per cent on preferred, tin) J
per cent on common, .payable September 1 to
stock of record July 3..
BAR SILVER
Bar stiver was quoted In London today
nt 30 'J-ltd, up 6-16,
Commercial bar silver was quoted In New
York today at Ql'.i. n gain of .
Carefully selected securities, of
proved merit.
Send for Circular. '
MELLOR & PETRY
SIS COMMERCIAL TtUST BLDQL
10 SOUTH BROAD 8TRE6T
WAMTEB
Syrscus 0 lit 5s
REED A. MORGAN V qa
,WaT KNU.Tltl'St HL1U).. PH1U..
Ilowo Sound
Jim iiuiier
JumlK) l:xtnilnn
McKlnlty Durrah
Magina Copper ,. t , ,
Jllnes Co of America
Niplsslng , ,
San Toy
St Joseph I,ead ......... .,,
West End Con ,
B0ND3.
Cerro Oa ., ,
Mldvule Be ,..,...,
Missouri I'sciflo 4s ,,,,
Missouri I'actflc fis
10
JP
4.,
8
n
4',i
8
la
"h
53
ir
14K
01
..110
,. 04
.. tilt
.. 83
170
238
as
son
US!
200
WW
hi
11 i
12
.A'
33
4VI'
111
$
7H
no
t
13
11
711
1)3
Condition of U. S. Treasury
WASHINGTON, July 31. The condition
of the U, S, Treasury, according to a state
ment issued today, was as follows; Net
balance in 'general fund, S325.220.292 ; total
repelpts. J59.05J.9U; total disbursements,
166,530,405; deficit for the year. 110.702..
56, exclusive of tho Panama Canal and
public debt transactions.
IIIIIIIIIIISII!IIIIIIII1IIIIIIIII1
p The Increasing 3
H Investment Value of S
g btandard Oil
Securities
I Cfi
w
zs
m
Send for pamphlet fis- Hjj!
ing iii of Standard Q'tlt 5S
htch nave piled us a
lafficient jurplui to jut
tifS nearly J'uiributlon
of profit to tlockhtld'
tn in tht ihapc of a
ifac eonui or latgt ex-
Ira taih JifidtnJ.
SJ (JM tor 23-PL, includ
es '"I Standard Oil j-
tuhcal handiool( and
S hooUt tiplammf
S "The Twenly Payment Plan"
I wzsmsma
s v Jftytimno5Ttkv ' vJ
SS ExchanKPl New York
IlllllllllilliSillHIilllirailitNiE
INVEST IN MORTGAGES
AT 5.4
Recommended by
BEN T, WELCH
1328 Cheitnut St,
F
t
Riaz.ervCq
INVESTMENT BANKERS
Broad and Sansoio Sta.
DlttKCTOKV tUf ACCOI'NTNTtt
UUKKAJ TVR TKItS-C BUilJjU
uitriitij-t
UUJ SSSif UH
M
l
tA