t-"-
V
EVENING LEDGER PHILADELPHIA, MONDAY, AUGUST 14, 1916.
1! "l
iifc.
Mm,' i
FINANCIAL NEWS
BELIEVE IMPORTANT POOLS AT WORK,
I'BXPiiiUTiJNii wi-bSUJN TU AVERT STRIKE
nfcll Street Confident There Will Be No General Tie-up,
No matter wn.au nappens Anticipate Much
Higher Levels for Leading Stocks
High Points in Today's Financial News
The statement of the average condition of members of the Philadelphia
Cltanng "" ". ;. unowcn a aecrease xn loans of
tltOfiOO, an incrccis til individual deposits of $2tiSi,000 avd an increase of
18.180,000 in the surplus. American Coal Company declared an extra dividend
'all per ccnt and i fl'Mial dividend of 15 per cent on account of the liquidation
Zflhe company a Jersey City property. Railroads operating eastward from
Chicago and St. Louis reported a continuance of the shortage of cars and
AilfieiiUu in meeting the demands of shippers. Another large shipment of
alii wai received from Canada and deposited in the New York Assay Office.
Chester sold $100,000 tit municipal bonds at a premium of only $1,87. Bar
tilvcr higher in New York and London
NEW YOniC, Aiff. 14.
There wero a Rood many Indications that somo Important pools were nt work
jn the market, basing their operations on confidence that In somo way President
WJljon will urm& uic runway iimiiuiieiH nnu .employes tosetlier as a result of his
'efforts 4oday.
')' It was Insisted by representatives of some of the railways that the employes'
position must be weak or they would not coro to accept the proposal of nrbltrn
ftion made by the President. In nearly all cfrelcs the belief provalls that there will
la no general strike, no matter what happens, nnd that with tho announcement
of any action tending' to clear away menace of troublo that prices of leading
fcjues would quickly bo lifted to materially higher lovols.
For a tlmo during the morning tho market was Irregular, wjth a number
f Issues sustaining -sharp declines, but gradually one stock after nnothor was
ken In hand by bull Interests and vigorous ndvnncos wero reported.
' Bethlehem Steel moved up 10 points to 400 and nearly all tho war-order
stocks mado gains ranging from 1 to 2 points.
Most Interest, however, was attached to tho heavy trading In neadlng, which,
ftfter selling nt 101U. rose to 104-K, tho hlghast price touchod In sovcral months.
'.There was activity nnu strcngtn at intervals in many of tho copper stocks
nd thoso Issues also sold nt material advances over recently prevailing prices.
Comment was made on tho strength shown In United States Steel common, which
was In steady demand nil through tho day.
K Many low-price specialties, including American Unseed, roflocted pool activ
ities and made substantial gains.
American Coal .Company Declares Extra and Special Dividend
t NpW YORK, Aug. 14. Tho American Coal Company, of Allegheny County,
fOQ&y UeCiareil IIS IU(,UIUI SUUJIUUIIUUI UIV1UUIIU UL O JUI I'l'lll, UIl UAllli UIV1UU1K1 UL
t per cent and n special dividend of IS per cent on account of liquidation on the
company's Jersey City property, all payablo September 1 to stock of record
Aujust 31. -
Annlttni Tiler f"!nlr1 SIllflTTinnt TTrnm Pfinnflti
E t . - , r M .. -,-, . ,.., . . .-,,
Br-' NEW TOlilv, Aug. n. J. tr. luuijjim v.u. nao ucposuea ni wio rtssay umcu
l,420,O00 gbld, received from Ottawa, making a total of J21 2,866,000 imported from
BCanada on tho present movement.
:."
tWAVE OF SELLING
WEAKENS WHEAT
Pressure Is General and Decline
at Winnipeg Hastens
f- Recessions
oraix nrxT wKATiir.ii ronncAST.
CHICAGO, Atir. 11. TI10 weather fore
( for 30 hour follows: .
Illinois anil Wisconsin Showers, (anliht
and probably Tuesday, slowly rlilne tttu-
P5TlSSnrl Uiisetllcd lonlcht nnd tomor
row, probably showers tontcliti warmer
Sl'loMMtn 1'nrtly .cloudy tnnltlit ond
ToMdsr. with showers east tonights warmer
onliht tnrl rain east and south Tummy.
Igwa Miowrrs nnd somewhat, warmer to
aUbti TiK-'day. partly cloudy und warmer,
pr.oby "bowers extreme east.
Vorlh Dakota lenernlly fair tonluht nnd
probably, tomorrow) roolrr west Tuesday.
South Dakota. Slirnk(i nnd Kunsas
Generally fair tonight nnd probably Tues
eay wanner east..
CirtCAQO, Aug. 14. A wave of selling.
pomoted by a variety of bearish Influences,
tsciudlng an Increaso of 4,009,000 bushels
fei (fro. visible supply for tho week to 48,700,-
rtOO bushels, broko tho wheat market sharp
It today. Tho prcssuro was general and in-
ejuacu realizing ana liquidation, stop oruers
ftjing uncovered as prices gave ground. A
cciino at Winnipeg nastenca tno recession
Jre.
Experts for leading local concerns, now
investigating conditions In Canada, were
Iks4 pessimistic in their reports as to the
Mtlook. An estimate by tha Canadian Gov-
Ljrnment placed the ylold or tho Dominion at
110.000,000 but-hcls, against 330,000,000
bushels Uist year. Important concerns at
iWnnJpec were deluged with selling orders
tot jirgo quantities, Including somo for for
Ijn account, Tho railroad labor situation
b4 the fact that officials at Washington
r keeping an eye on food values also
ijestricted operations on tho buying side, as
m a slow demand for export.
pane European market was Influenced by
Inadequate arrivals In thn Tlnlfpd TCInmlnm.
there belni? nnlv 3 51a nnn tmatioiu fmm nil
y?tb.for tho week, with the Continent ab-
joroing ail offers. Tho markot at Livemool
JM Steady.
I.Leailjne futures ranged no followa. ,
Wh... n ... . Saturday's
r.'J T wwrii IllBll, wiw, L.1OS0. ClOBtt,
fember .. 1,45 Us
r ....... l.au l.so
BUa4 ' "'-
Fectcmbor
1.87,,
1.40T4
1.45
83
I'M
i.
73
1.411
1.B0J4
84..
iiroraMt; ,. 40i 4U:
p .- r wwtt
purit
43;
43?;
4U
ls Jn in jn
ber .,.,18.45 13.-45
ll'.DS
14.17
13.83
20.45
-j.lu
tef';:i",:"u
IgwUaber ..14.12
ISfflLJa-w
45?j '40 ty ,
48 41) SOU
13,30 13.33 tl3-40
13.33 '13.37 la.U
12.60 yj.vo
New York Bond Sales
111 it
iiaji
DOS
im'i
100000O Anflo-French C .... 05
.uuuu Amer roreucn aoc oh. uo?ii
1U00U Amer Tel clt 4a OVA
1200(1 Amcr Thread 4 ns(i
U00O Armotjr Co 4!4 03tt
4000 Atchison crn 4a .... U2M
UOOII ao 48 11)93 ....
BOO Halt & Ohio 314o
B000O do 5s
flonu do 4a ,
aOOO do r.v 414
1000 II St O Sivn 3'4a UO
5000 Heth Steel rfd Gs....lOOM
0000 .Urkn Kai Tr fls 1U18.1O0.4
4009 'Cnn Oov 4s 1081 01t
nrtllO do Ik 1031 100J4
35000 Cat Qua & Rico Da... DHli
71)110 l?at Leathrr lat Ca..l02
SO00 (.'ont Tuc lat 4j S7Ti
. ...l.'4-
is.. sr
70000 do ciinv Ba, U35
High. Low. Cloan
nontin r.t.,11 r.nnn
O.'UI. v.,.,,, vuiit ....
uu (.nes & umn cr ini
nniHl dr. fnrtv ftn
itaiu uni & n nij an iuaj..ii?
40011 gen -Is 04tt
N000 Chill & Q Joint 4b... H7J,
1100(1 do Ren 4 V.lh
HOOII do 111 .IWn . HSK
nnoo do Iowa 4i unli
3000 Chi Ind & W"st (li.,.105V
1000 C it It at P Dlv 4a.. . uotr
Innri .In nnnu Kb inTlt'
U0OO do cv 4H a
20000 CM It I i I' !....
ni)00 do Ba ct on ata.
3000 Chinese rets 8a. . , .
booo Chi Un bta 4Ws...
11000 Con Oaa conv lis...
linoil Cuban Am Sucar 0s
2000 Dls Becur Com Bs.
1000 Krle gen 4s . .. ...
moon do cv Is Her II.
01000 do cv 4a Ser D.
1000 fli-n Elec deb Ba...
HOOO Hock Val 4ViB... ...
3000 HI Hteel deb 4Hs...
S0000 III Central 4s 1033. .
4000 Interb Met 4V4
220(10 Interb K T ref B
OBVa
U3
HIH
ns'I
t)3'.J
SI2S
loiH
1I2H
100
II0U
IM
DO
100W
10US
nujfc
100
Unit
102,,
124,
H.V
031
U2
iij;
looS
. . 0
l-.iou'1
::is.
.. 74
.' 73'i
-'Sol
:: .88
.. OS
. 1 U 1 14
.107V4
Jail
310000 Int Mer Morct 44 a.
1000 Intern! I'aper 0a
30000 Inter N'av Si
5000 JinnnHo new O fl 4Uh Rt
4000 do nerv 4a flo'4 OnH imu
10011 I.ai-ka Steel 3s 1023... Oil! D0 00!
1001) Laclede Oob rftl Ba...lii2H Hi'i'.s l()2'.i
UIOO I.k 8h deb 4s 1028.... 05 V5 US
lfiuoo do deb 4a 1031 U4 4 V4,
3000 Iorlllard 7a 124U 121J 124;
25000 lJjula & Nash 4a .1! lia! nafj
.10000 Mo Kan & T 1st 4a... 74"! 74f 74!
1000 Mont Power Ba 07 074 U7H
25000 N V C & Hud a UIH 111;
83000
80011
do SV4a
do 4a
do
4Kb
1000 N Y ciHi Mar '54.
noon N Y city loss
1000 do 4a 10BO
1001) do 4W'100S. ... ...
3000 N T N II t II
100
1000 N T Hvry dj 6a..
"lillllll M I 'lol mil 1MB.
3H000 Korf & Wat 4a..
.loo'I
1'acinc iei os... ""T
I'enna en ct 4H...loi
do en 4Ms 104H
do 4Hb 1021 lOOii
0000 Nor Pac prior 4s
luini un a-en us ....
10000 Pacific Tel 6s
aouu i
isuuu
AOOO
ooo Peoolo's Gas s
18000 fubllo iierv N J Ba...
2000 Heading Ken 4s.,.,..
100n Itep I ft 8 Bs.'
12000 Jit L, I M A 0 Git 4s. .
2000 St L ft ti V a) w I, . .
1 HOOO do ct ata 4s ,
11000 da Ser Awl ,
13000 Seaboard A L adj Ss. .
iUUUU 0UUWI IUL El IImi.i Ol
22300 do cv ret t p. 6s. ..104
loo?!
101
01
OS
07T4
IS
73
nsil
14,02 tl4.1B
13.1)3 U.bU
11.40
13.80
S3. 83
20,45 128.25
23.43 25.65
10CAL DEPOSITS INCREASE
Rpjyjduals Gained ?2,434,000 During
n3t .YeQK surplus increases
'Tile OUtttnn.4ln. a...a ,1.H Tlkllnal-
tS.bank "atement for the week ending
today n o., i. . .o in n , ,
TOal deposits, as compared with the
CT.0,!? week- Loans decreased $720,000
,A7','0(,(, a"0 'ho surplus increased
JM'WQQ to $39,179,000. Petalls follow
i, Au. 14. 1010,
SrSuVnnS'"1''" ' ' 427,724.000
Se-fTffitiV.V
WrtiJIO,--'
Sere,!? "UW'Ted 7U.030.OO0
ii," . . iiti t niii a inn niir
FMBlus iV,..'l" "!."?v...rt"."lSS
LiKc?aaJLA0,U,t li- "- I.W.60O.
ea.T4a.ouii
101:405.00a
... 13.318.000
.,, 105,238.000
Increase.
$720,000
2.434.000
18.000
t2.0il)KIO
170.000
2.173,000
4flg:88o
6.480: 000
liSrVii,;
1
H
,.
ilORE COPPER INQUIRIES
numance o Demand Is Expected to
lii Cause Advances
bPW TCOJIK, Aug. H- Inquiries which
Jgume4 largo proportions beginning Wed
briy "f l8t wek wra Allowed today
aJSW,1?? iQr even larger amounts. Tho
Sjn' ftojn, both domestic 'and foreign
gt increasing rapidly, and it is be-
a'VT ' a continuanVe of demand at
yMt rate will soon causa sellers to
7--s toeir quotations.
Sr1" t?lutely cleaned out of copper
rv eeoti'mhan h. ..,.. ., i. ,.. ,i,i- u.
t W this condition will prevail tor Oo-
Xfi tv c4uj.i ibq cua ux lug net.
r'S! cf th eer dlsUlbuters states that
S cuntusx,, tj, ww,k at tba jata wiucU
Wfel last uraDAlr frht.ij' vrlll hava tin moral
"1 blor9 ttm first auarter ot 1S1T.
4000 South Hwy icen 4,.
UUllU UB LUIl Mm.imi.i
13000 Tenn C rct'f P ......
1000 Texas Co cv fla
10000 Third Avo adj Ba...
1 0111) II S Mexico Ss
7000 U S Rubber OS
E4000 II H Steel a t Bs,...,
looo Union I'uo 1st 4s....
1000 do cv 4a.,.,....,.
6000 do ltd 4a.,..,.,.,
10SK
70(J
71
.101
. 02
.104 J4
. 0
,102 102 102
.105 105 103
, 90; Ul4 0I1H
, 0.1V4 .VJi 03ft
. StlS HOK SUK
4000 Un Ilwya f 4 S3 33 83
17000 Wab-P T lat ct t P 4a 81 81, 31
1000 West Cheatsr Bs 104K 104K 104H
3000 Vest HAM cv B.,lls'I 118U 118U
1000 West Shore rir4s,.., 884 (Jfl .
7000 West Union B.......10l 101 101
Local Bid and Asked
t e.
Duff ft Suaq
do prec . ....
Baldwin ......
Electrio atorase
in
general Aapha
do prei
Keystone
do prer ...,....,,.. oo
Today
Bid. Asked.
48 BO
B8 80
73W 74
07 U 67 ;
u at
Saturday
Bid. Asked.
48 BO..
B04
73 74
67 68
3) 34
.".t." .:::::: w f m ,
7,e:??:;;;: Vt m ija 3
10K
7B "
42H
00
8
39
18i
10SM
TonopaQ uiniaa ..... ;
Tonopah Mlnlnf 6
Union Traction5 4j
United (las Improv.... 81
. u Utul HH
Tork Itwr ?
do pre. SJa
Vn Cramp t o ...... Un
Lake Superior Corp
Lehlza Mavisaiion ....
LehUn Valley
Lehlh Valley Tr .,.,
do pre!
Fenna. ,..,.tiit''
Phlla Eleo .........
I'blla Co ...........
do B per cent pre J.
do S per cent pr(.
Pblla n T t c
luaainf
ou oa Oil
10H 10 K I0T4
73 )i 75 75 ii
78 78 W 70
21 20 21 ,
43 42 43H
3 28I 28U 281
ii 40(4 SDH 0U
BU 80 8
4i ?'J: Jo ,
ioi io(? iuj;
104 ion; io2H
B 52 Btf 3
H 44K 44U 4s
U 87K 87H 87H
(I HttC hs R.sd
i.ir
37(4
78
P $
DIVIDENDS DECLARED
Dome Mines, regular Quarterly of B. per cent
or 60 cents a, saara, payaie Dcnimwr
1 to
"f..Y7 V.Mrd Ai.nU.! Hi:
Northern Oblo Trct9a and Llbt Company,
reaular auarteriy ol lji per cent on common,
payable September 19 to. tocfc of record Au-
'"llevwbod Bros, ft Wakefield Company, resular
semlanp-ual ol 3 per sbaro on preterred. pajf
ibU September f to atoclc ot record. Auut 22.
LIVE STOCK QUOTATIONS '
CHICAGO. AU. 14. HOaS-Kecelpts. 4S.000.
routn neavy.
pUs, 13.230
CATTLE itecelpts, 18.000. .Market stronar.
ruMvts. I9.T01.. CflWS ana neiiere. itv
Market ij "? rs1; Jtfi r:
mmMom
New York Stock Sates .
Last close. Itlth. Low. Close.
AImU Gold M 17 17f 17 l"H
Allls-Chalmet Mfc 23if 2.1U 23 2,Ui
AllU-Chalmcrj.Mte pt., 77J4-78JJ 78 78
Am Ae Chemical 74)f 75H 74W 74
Am A Chemical pf iOOH 1004 100H 100H
Am Deet Snear R 88 80M 88
Am Can 66H mi
Am Canpf 41W 112
Am rat & Filr rMi 01H
Am Hide & Leather .... 10)1 10H
Am Hide ft Leather pf. . mi 68U
Am Ico Securities 2S 2S!4
Am I.lnieod. 10U 2nj
Am T.lnseed of 45 47W
Am Tromnl left ........ , 79U Tllf
Am I.ocom6tlvo pf 1033, lKi'f 103JS lW't
Am Mall Corp'n 8 7!i 7 7!i
Am Malt Corn'n pf 40 40 40 40
Am Smelt & Iter 9fl!i 07 05f VCH
Am Stoel Foundries 62!f Mil" f2 f2'f
Am Tel & Tel 130( 130), 1305 130)1
Am Wtlllng P pf 27 27 27 27
Am Zinc hkSm 34 '33 32 32)
Anaconda Top M 83. 84U 82) S3!(
Associated Oil 07)4 07)i 07H 07)i
Atch Top ft 3 V 103 103lf 102H 103
Atch Top ft S V nf Oil
Ml Oulf ft W 1 CO
so mn
112 112 ,
105, 10H
6 68 H
2S!f 2S)
20 20
4dH 4W
715, 72,
on
00
at
7i
73'5
Mi
400
09.
no
04
72)i
KO
73i
Hi
447
130
R4H
07U
47
00
00
nt
73)i
80)j
73)5
IS
400
130
S4M
07J,
1055
475S
r25
20'(
f0!i
015.
127
10
74
445(
Ail (lulf ft W t nf 03
llaM Loco Wkj T2H
Ilalt ft Ohio ' k0
Bait ft Ohio pf 74
tlntopllai Jllntnj l!
tlelhlchcm Steel 441
liethlehcm Steei pf 120 135
Hrookijrn Uap Tr SiH 81)
Unite ft Superior 0S1J r,85i
Cal rctroleiim 10)4 1055
ral l'clrolcnm nf 47 47M
Canadian Paclllc 175H 170!f 17055 1704
Central Leather fi.W fi05J KM C055
Central leather pf ill), 11115 1I1M 111!5
(jnandiet Motor 100 lOo 10,j iu.
Ches ft Ohio 01 02J 0U5
Chllo Copper 20U 20l5 20Jf
Chlno Copper fiO'i MM 40)f
ChlcaEo Mil ft St Paul .D0l !)l!i 0I5
Chicago Mil ft St 1 pf 130 127 127
Chicago It I ft Pac 14( 1055 18).
Cluett Pea ft Co 75 74J 74
Col Fuel ft Iron 44?f 44f 44
Consolidated Qa 1305S 130! l.'W)5 138M
Corn Products llcf 14 13f 13'i 13!f
Corn Products Hcf pf... 00 00K 00!i 00)1
Cruclblo Steel 70-f 72)4 005S 71.U
Cruclblo Steel pf U05 11055 110)5 110)5
Cuban-Am Sugar 228 230 22S 229
Cuba Cano Sugar M55 r055 MH G555
Cuba Cano Suear pf .... 04 Ol 0454 0451
Detroit Edison 130K 130)5 13055 130)5
Detroit United Urs 118)1110 110 110
Distill Sec Corp'n 45)4 45)f 4411 45!f
Erie 305 37 30)5 30 J
Erie 1st pf T . , . 53)5 C3)5 l f355
General Electric I..108U 170)f 100)4 170
Ocneral Motors pf 118!i 11S! 118 118)f
Goodrich II F 72 7254 71U 72U
Granhy Consol 80 87 87 87
Gr-cono-Cananea ffli 40 4554" 43'4
Great Norlhcrn pf 118 11855 11855 11855
O N cfs for ore prop.... 3fiM 3"J5 3.")i 3fi!4
Gulf Slates Steel 2d pf . 83 835,' 8354 83J4
Homcstnko Mlnlne 130)5 135 135 135
Illinois Central 10155 101 10154 101
Int Con Cor v t c sh ... 1055 30)5 10 10!i
Int Paper 10J4 10!i 15)4 15)5
Int Paper pf 74
Insp Con Cop 51
Int Mckcl v t cfs 44J4
Int M M cof dep 27
. 02
. 255
. 005
. :I0!4
.127
71
Int M M pf c of dep
Iowa Central
Kelly Sprlnc Tire ...
Kcnnecott Copper
Kings Co E I, ft P. .
Lack Steel Co
Lohlch Valley 78
Leo Rubber Tim 10
May Dept Stores 01
Maxwell Motors 8l3f
Maxwell Motors 1st pf. . 8555
Mexican Petroleum 07 J i
Miami Copper 35
Mo Kan ft Texas 355
Missouri raciflc 1)5
Montana Power -. 0155
Nat Cloak ft Suit 75J4
Nat Enam ft S Co 23
Nat I-cad Co 05
Ncv Con Cop 17J4
Now York Air nrako ...135
"i
5W
ll'j
271 1
03U
3)
00)4
50)4
127
7155
78!i
45)5
Ot
81!
SO
08)f
35
1
4M
01J4
75H
23
05)i
ISH
130
59)4
W
5054
445X
20
00)5
3'f
GO! 5
40)4
127
70);
78!
45)5
01
80J4
85
07
34J5
4
4)5
01
7514
22)4
05" 1
IS
131
59
72'4
Ol.'f
44 '4
27H
OJ.'i
3M
0055
4054
127
71)5
7854
45)5
01
8155
80
08
35
4
44
OIK
75'4
23
05)4
ISM
135)4
G9X.
Now York N n ft II.... 59)4
Now York Central 104 101)4 10355 101)4
Norfolk Southern 23 23 23
Norfolk ft Western 1204 1305X129
Northern racldc 110J5 111)4 111
23
130)4
111)4
65J4
85
05
09
Penn Railroad 55!f 55J4 5554
Pitts O C ft St L &l 80 85
Pitts C O ft St L pf .... 03 05 05
Pittsburgh Steel pf ....100 09 09
Pltls Coal Co N J pf ...100)4 100)4 100)4 100)4
Pressed S Car Co 5054 0154 5015 51
Pullman Co I03H 302J4 10254 102)4
Ily Steel Sp Co 45J4 40 44J4 454
Ilay Con Copper.....'... 24)5 25 244 2454
Reading 10IJ4 104U 101( 10354
Republio Iron ft 9 4754 47)5 4754 47U
Republic Iron ft Spf... Ill 111 111 111
. . IIH5 111 10 10
.. 3S 33 38 3S
..10954 199J4 100)4 1095
.. 28 , 28!f 2754 2R!i
.. 4155 40 45 45
.. 08)5 0854 07JS vH
..24 23)4 23)5 23)4
..1285 129)4 12734 128)4
.. 25H 20 2554 2554
.492 10 J 101 192H
.. 11)4 12)4 12 12)4
.. 04 03)4 03)4 03)4
..101 OS 08 08
44 41)4 41)5 4 1)5
Seaboard Air Lino. .
Seaboard Air Line pf
Sears, Roo ft Co
Shat Arlx cop
Sloss-Shcf S& I
Southern Pacific
Southern Ry
Studebaker Co
Tenn Copper
Texas Co
Texas Pacific
Third Avenue
Under Typowr
Union Han ft Paper pf.
United Clear Stores
Union Paclllc
Union Pacific. pf
U S Ind AlcoDol
u s a i p ft Fpf .....
United Fruit
United Rys Inv Co....
United Rys Inv Co pf
US Rubber
US Rubber 1st pf
US Steel Corp'n
US Steel Corp'n pf...
US Sm It &M
U S Express '.
Utah Copper
Va-Caro Chem . ...,..
Va Iron Coal ft 44
Wabash 13)4
Wabash pf A 40)4
Wabash prB 27)4
West Eft M 58)4
Western Union Tel 04)5
Willys Overland 54)4
Willys Overland pf 101
Worth Pumppf li ,
Quoted ex dividend.
.10355 102)4 102)4 102)4
.130W 130)4 13854 130)5
. 82)5 8254 8234 8234
.110 112)4 109 110)5
. 51)4 53 53 53
.100)4 100 150)4 100
. 6)4 ri)4 8)4 854
. 18 IS 18 18
.5535 50)5 55)4 50
.10934 10954 100M 109)5
. 87J5 88)4 87)4 88)4
.118)4 118)5 118 118)4
7H4 71H 71)4 7154
3D 30 30
81)4 8014 80)4
40)5 40)5 40H
40 40 40
13)4 13)4 13)4
50H 49)4 50)5
28 27) i 28
50)5 58 58
04 04 01
54)5 63)5 54
101 101 10-1
30
80)4
4034
52J5 52J4 52J5 52
Financial Briefs
A membership in the Chicago Board of
Trade has been sold for 11400 net to the
buyer, the highest price in many years.
The Twin City Rapid Transit Company
reportB tor July gross earnings of $70,:47,
compared with 1784,627 for tho same
month last year. Seven months' ffross In
creased 1489,991,
Banks 'gained from the New York Sub
treasury Saturday $i,249,000, but lost
11,394,000 ginc Friday last.
American Locomotive Company has taken
orders ror ope MaUet engine, two 30-ton
engine? for Bingham and Garfield Railway,
three Paclflo locomotives' for-. Mogyama
Hallway of Brazil, and two four-wheelers
for Braden Copper Company for shipment
to Chill. t
A membership In the New York Produce
Exchange has been sold for S1525, an ad
vance of f 126 more than the last previous
sale.
Gold coin to the amount pf 1320,000 was
withdrawn from the New York Subtrees
ury this morning for shipment to Spain.
In 11 months ended May 31, 1916, 740
locomotives were exported, as compared
with 216 and 3C4 for like periods in 1915
and 1914. In 1915 total number exported
was 6?1, against 269 In 1914 and 491 in
1913- Ot the HO sent abroad In the last 11
months, 209 went to Europe. 209 to Russia
n Asia, 10? to Cuba., 39 to Canada, and 36
to Mexico,
WEW YORK BUTTER AND EGGS
NEW YORK. Aux. 14. BUTTEK Recelots.
SITU packless. ylr iradlas sod a seoerally
prn owrftu oa u srs.aes, wngis.iu
cflsngeq.
Kro-dis. Quotations uq-
KOOS Reseats. 1S.T00, cases. Utgb trades i
steady. mK Btttrwli irregular. Sjuoutlais 1
COTTON PRICES JUMP
ON STRONGER CABLES
Bullish Crop Report Also Helps
In General Advance Weevil
Causes Much Damage
COTTON lir.t.T MTRATHKK
NKtV YOKItt An. II. There were ntnt
tertrt liner over .Missouri. JIIss1IimiI
and lliroiielinut the enMern section of tlie
Allnn !, Ilila inA.nlni,. t.t.f t-lrliiAlle nn
rnln wn reported In Tetnn, nlthnuxii It win
elnml.v there.
lh fnlitm
AMifTtll. 021 UIl
the fniio'UnB te mpfrnlnrc cre rrnertrilt
iinoxiue. kji
ifrnlnre
Inclon,
Js'nhllle, 101 Meridian nnd Atlnntit, , T.'l
Illrmlnslinm, VlrkMiurr,. Slrmptils, t.lltle
Itoek, Hun Antonln nnil flireenort. 111
iiinntKOtnrrr. .f' iiriean. (ikiniminn n.v,
(lnlrrlon. Alilleno nnd AiiKiKtn. 7li Mnrnn,
reninriln, .Mobile, t'orpin tlirlll. I'linrle
Ion. .samnnnli mid JnrknonTllle, "81 I'ort
ISiiiilh, SO.
. There wn ,01 Inrli of iireclpttutlon nt l.lt
ll Itorttl .03 nt (inttotom .01 nt Clinrlr-
loni .00 nt ort Hnillh. .12 nt Nnlill!ct
niiiaiiritn iiml Hnrnnnnii..i''. nt
.14 m iiirniiiiiiinin nnil nnrnni nni .ill
Mnconr.l.S nt Vlrksbnrst .'io nt Wllmlni-
,11 nt Illrmli
ton .31 nt Monteomer.v nnd New Orlennal
M'o ni .tiiniiii ..iii nt iinntwiiei .71 nt
finnhl. nnd .1)0 nt Aiitiutn.
NKW YORK. Aitff. 14 Under the Im
petus of strong ntid decidedly lilfiher cables,
tho local cotton mmket opened firm this
mornliiB nt n net nilVnncc of IB to IS points.
A Icntlhirr fitctor In tho upturn waa tho
bullish Tlines-l'lcnytinc crop report, ptnt
lnrr In effect Hint loll weevil luid been sovcro
nnd Hint much would depend upon the
wenthcr of tho next few weeUs nnd tho
visibility of nn early frost. Thoro wns nlso
rumor that Memphis Commercial Appeal
had Issued n bullish report.
Virtually llo rain lind nppenrcil In Texn.i
nnd there wns further precipltntlon over tho
eastern belt where) It Is not wanted.
Ilumor.i of n new gulf disturbance added to
the nervousness oinomr the trndcrs.
A private messaRC from Clrecnvllte, Ala.,
said that weevil had caused much danmgc,
whllo nnothcr dispatch from Stamford, Tex.,
snld that the Indications were for a yield of
2D per cent short nf lnsl year. At tho end
of the first 20 minutes tho market was
steady nnd about 13 to 15 points net higher.
Liquidation was heavy, but seemed to bo
well absorbed.
Tho receipts of cotton nt th port for the
day are estimated at 8000 bates, compared
with 9H18 bales last week, 31 ll bales last
year nnd 091 bales in 1914.
October
December
Jnnunry
Mitrcli ..
Mny ....
July
Spot ....
Sat. clo'e. Open
. ... 1 1. i l: ii.
. ..I4.:i:i
11.12
II..V.
14.I5S
1 1 117
. ...U.lll
. 11 n. in. 12m. 2 P.m.
I 14.2.-. 14.25 11.23
11.47 11.1.-. 11.411 11.11
i i.r.s li.n.t ii.m l i.r,3
11.71 14.(17
l i.n.i .... 14. m:
ll. no
14. S9
Liverpool Cotton
LIVEnrOOU Aug. 14. Spot cotton was
quiet todny nt nn advance of 19 points on
tho basis of 8.73d for mid-uplnnils. The sAlcs
wero G000 bales, Including MOO bales Amor
Icrtn. The Imports wero 15,000 bales, nf
which 13,000 bales were American. The
market for futures closed steady at n net
advanco of "&1" points.
Cotton Buyers nnd Sellers
NKW YOltK, Autr. 14. August Cone
and Joy bid.
September Cono nnd Rosenborg bid;
Allen offered.
October Mitchell, Poss, Orvis, Itosenbcrg,
Wenimin, Schill, Martin, llrooks, Ouild,
Sicdcnbcrg nnd Wilson bid ; Pllnn, Illonlan,
.Shutt, Gilford, Itountrco and McDougal
offered.
December Mitchell, Benrdsley, Smith,
Schwnrz and Kimball bid; Wiggln. Kclftcr,
IlennsUorf, Clifford, , Tra vers, Wilson, Wa
ters and Nordcn offered.
January SfcKn'any, Wcnman, Scllar,
lliordan, Mitchell, Ucardsley, Gccr nnd
Hicks bid : Kclffer, Waters. Morrison. Ily
man, Lowensteln, Shutt, McDougall, Pllnn,
Ilountrcc, Iloscnbcrg unci Schill offered. '
March Hartshorn, Wcnman, Montgom
ery and Wilson bid : Walters, Ilashford, Mo
Knany nnd Cono offered."
Slny Kclffer, Hubbard, Downs nnd
Ttcnnskorf bid; McEnany, Rodcnbcrg and
Klordan oiTcrcd.
July Orvis, Ranger and Sollar bid; Mo
Enany and Wilson offered. v
FOREIGN EXCHANGE
NEW YOltK, Aug. 14. The market for
foreign exchange opened dull and featuro-
lCPH.
Quotations were: Demand sterling,
4.75 11-1G: cables, 4.7C 7-16; 60-day bills,
4.71?i ; 90-day bills, 4.69 Vt. Pranc cables.
C.91; checks, 5.92. Ilclchsmarks, cables.
72; checks, 72U. I-Iro cables, C.47 ;
checks, G.48. Swiss cables, 5.28 '. checks
6.29U. Vienna cables, 12.40; checks,
12.35. Scandinavian, kroner cables, 28.80;
checks, 28.90. Pesetas, 20.12 and 20.20.
Guilder cables 41 5-1C; checks, 41 7-10.
Rubles. 30.45 and 30.50.
In tho afternoon the market continued
flat. Quotations wero not changed In any
respect and the dullness was as pronounced
as in the last half ot last week. As had
been explnlned, remitters are holding oft
with tho view of purchasing- to better ad
vantage September bills on cotton and
grain.
BANK CLEARINGS
Dank clrarlnca today compared with corre
spondlns da- last two years:
10111 loir, 1014
I'hiiada. . .. 35.H0M.isi 2i.M!2.ror, 2n.in:i.r,2
lloston I22,OSO,2IU ll7.ft7a.TIH hi,7iit ,,.i
New York,..2H7,ti2.Vl7 23!), 10 l,40S 1(12.042,070
Chicago .... isy.7ai.oia 47.a32.003 34,337,355
RATES FOR MONEY
New Tork ,,...
Philadelphia
lloaton
Chicago
commercial paper, inreo
vn
Call.
2 m
delphla, 4ti I
per cent.
Time.
2. 4i
4U ?J4'i
4 flji;
. 84 4 P4tJ
to six montha, rhlla-
NEW YORK COFFEE MARKET
NEW YORK. Aug. 14. The market for
coffee futures opened steady and higher,
flrst prices showing advances of 2 to 4
points. The tiadlnc wns fairly active on
the call, sales amounting to 8200 bags.
At the end of the first hour the market
was quiet, but prices showed an upward
tendency, with but little selling pressure In
tho ring. Tho steadiness wns due in a
measure to continued strength In Brazil,
where hlds frc-m here had been turned
down, The Santos futures market showed
gains of 7B to 100 rels. The spot coffee
market showed a steadiness, with Rio No.
7 held Arm at 9 fie
Today's
openlcz
viuauai ..,,,M,,ii
September . ... .........
October
Mnv.,mfrw.r ..... ...
December 8. 7898.02
January
$?.. :::::::::::::: 8:6i8.o8
Anrll
May O.onSO.OT
Juris .v,., '9.10
July ,.,.U.13
ruw
Saturday's
Cll
: sift
8.78
S.ttHi
S.T2
8.7.1 (
S.79?
8.R4S
o.hU?
8.1)3 i
K.1)0
11.03
0.0S
U.134
18.70
'8.75
IK.7H
18.78
S.KO
8.83
S.lll)
'fi.DS
ID Oil
U,05
9.111
9.15
Sugar Drops After Dull 'Opening
NBW YORK, Aug. 14 There was a dull
opening in sugar futures this morning, with
sales on the call oo tons anu nrst prices
about unchanged from the close on Satur
day," December showed at 4.2 So. There
was little inclination to trade either way,
due to tha further unsettled conditions pre
vailing )n refined sugar, where reductions
were reported today, somo refining Interests
cutting list quotations to 7c for fine granulated.
ritoi'osALS
WILLIAM hTKKLE Jt tiONS CO.. I COO dltCli
at., bavo plain and iiptciaeiiUooa poittd .'or
manufacturing buildlou aod power plant for
8. B. U.W. Klelaher. to b erected at Twen-iv-fltlb
and Keed ata., Philadelphia. Ulda to U,
Snt tS 8. V U- V Flelaher Co Ualo and
Rector Hi,. JJaoarunk. not later than du .
19. 1K1S. for the attention of Mr. A. A
Klelaner- Propoaala wlt h rrll on lb fol
fouloK Une of work
KiravatloD. brickwork, atone maaoar. cui
itone. ornamental terra entta. atrmaurel ateeL
BilaUneou Ironwork. rooan and aheet
Seul worfc, mlllwork. elaateruur. ceujni
work plumbhu. oalntlna and tiailna. bard
Sara, marble, tlla aod "terra o work, wood
tar&a. radial brick auck. cabinet work, toll
int tel doora, ateel ifib afU ireada
$tf JcOlnUmd to reject ., o, ,U wo.
poaala.
uutKtrrouv uy accountants
CVrtUJtd Pnblto AeeauntaoU
I Sales in Philadelphia
Net
High. Low. Close, chge.
470 Klcc Stor.. 68 Vl 07 'A
100 Krle ...... 304 3d 30 Vt
a Ins C N A 2JH iti'A 2H
10 Kenno Cop 40Tf, 10 14 40 4- 1ft
104 l.lc Sup C. 10ii low l"Vi V4
30 Lcll V T pf 4H 4254 4JH
130d 1'euna It It b (isi li5M A
2 l'a Salt M. 08V' 0y, O8V4 4- Vt
200 PhCoCum p 40U 40 4UVi Vt
308 l'hlla yiec 20 28't 20 Vt
200 I'ltT Irctts I0V4 1014 in',4
21 I'hlla Trac. 7D 7 70
nio ltciullng ..101 101 'i 103 T4
300 Ton liol . . I'M, 4 4
.- Ton Mln .. ftij', siji ni4 VA
108 Vn Trac .. 4I',4 44Vt 44Y W
15 U CJ I ... 877, 87 87!
1243 If S Steel. 88H B7 88,4
2 'V J & Sen I0V4 1014 4014 14
83 r'rnmp & 9 7214 71 7214
Increase. Decrease.
IIONDS. Not
ltlah. Iaiw. Close. cIiko,
nnn Alleg V 4s 0314 l314 0314 ',4
2100 i:&l Tr 4s 83 70Tfi 80 1
loooii I,eh V cons
4 'is 2003 OOl't 1)0 00 (,
r.i) Xnt l'r 4-Cs 70 70 70
3000 IMillKta CR.iniRi KilOl 10 fji 14
HOOO Rdg gn 4s. 03 03 03
1000 UnllyntclH ?'l 72 72
(-Incrence. llecreasc.
PHILADELPHIA
MARKETS
GRAIN AND FLOUR
WHEAT ItwelptB. 3120 bush. There wns n
fnlr export demand, but with lower outside nd
vlccs. linsed on speculative reallxatlnns. prlws
dri'llnnl ,"c. Qiiotatlona: Cnr loin. In export cle
vntor No, 2 rd. epot, $1. 3001.42; No. 2 south
ern red, 11.3701. 10: steamer No. 2 red, J1.80
ni.nO: No. 3 red, 1.:H1W 1.81)1 rejected A. $1.33
I.. Mi rrjtvted 11. I1..10O1.33.
COItN Uecelpt.t, 03,201 buslicln. l'rlcei wero
steadily innlntnlned. but trade wns quiet, tjuo
latlnnx: Cnr lota for local Irmlo. ns to loca
tionWestern No. 2 yellow, !i.1(Minoi do, steam
er yellow. HKrPli.lC! ilo, No. 3 yellow, U2MI)3cl
do, No. I yellow. 800c.
OATB llecelpts. 11.08,1 'bmliols. .Tho mur
kot wns quiet, but prices Wfre Mendlly held,
guotatlons: No. 2 white, MUtlBSc. standard
white. rii'4rtBtCi No. ,'l. white, 41ii?.Vk-i No. 4
white. 4lt'.i('f 471401 Bample onta, 43!4RIIHt'.
KI.OVK Itcrelpts, 818 Mils, nnd ORU.DM lbs.
In sacks. Trndn wns slow nnd .the market was
unsettled, dun to the dfcllno In wlitnt. Quota
tions: Per 1U0 11)9. In wood Winter clear. K. i3
niLUfi, do. strnlirht, tll.230l1.7n; do. patent.
til.7n(r.2i; Kansas, clear, rotton sacks, tot!
11.10; do, atralaht, cotton sacks. J0.riOU7 1 do,
patent, rotion sacks. t7. 2." 7. fiO: sprlnr, first
I'lear. HlWO 73: do, atrnlBht. ll.n07: do.
patent. tiilCS: do, fnvorlln brands. lH.23WS.riO;
ilty mills, cholin nnd fancy patent, tS.23WH.IiO:
illv mills. rcKulnr crailcs Winter, clear, f.ri. i
1.2.-.; do. atrnlBht, tll.23W0.7n; do, patent.
tU.7r.e7.2r,.
HVH I'i.OL'It ruled Orm under Hmall supplies,
lint Irado wns fiulet. We nuot nearby nt t,i.23
SCO. 75 por hbl. nnd western at t5.005JO.23.
PROVISIONS
The market ruled Arm, with n fair Jobblns de
mand. Wo quote: City beef, In sets, smoked and
air dried. 2Sc: western beef. In s-ts. smoked."
28c: city beef, knuckles nnd tenders, smoked
nnd ulr dried. 2!)c; western beef, knuckles and
lenders, smoked. 211c: beef liam. 1284(30; pork,
family. t27.dU2S; hams, S, P. cured, loose.
18'i iffistjc: do. skinned. loose, lli'i OlOlici
do. ilo. smoked. 2lHi20'4r; other hams,
smoked, city cured. UB to brand nnd nyernne,
lt'4c: hams, smoked, western cured, ll)V4c; do,
boiled, boneless, 34c; nlcnlc shnuldors. S. 1'.
cured, loose. 14c: do, smoked. 13c; bellies. In
pickle, arcordlnc to average, loose. 1014c;
breakfast linron. ns to brand nnd nvernco, cltr
cured, 21c; breakfast bacon, western cured, 19
C20; lard, western, retlned, tierces, 1 114 o: do,
do, do, tubs. 14i.Sc: lard, pure city, kettle ren
dered, In tierces. 1414c; do, do, do, In tubs,
14'4C' REFINED SUGARS
There wns llttlo trading nnd Franklin and
MrCahan reduced list prices 25 points. Iteflnors'
list prices: Kxtrn lino eranulatcd. 7c; powdered.
7.10c: confectioners A, O.uoc: soft urades, 0.23
Wd.UCc.
DAIRY PRODUCTS
nilTTnit There wns n fairly nctlvo demand
for fancy stock nnd tho market ruled Arm under
llclit orferlnKS. Vollowlnir nro tho quotations:
Western aolld-nncked creamery, fnncy specials,
33c; Mtrn. 3132c: extra rtrsts. 30tC30Vio;
ilrsts. 2O20V4c: seconds. 2714W2814o; nearby
prints, fancy. 34c; do, averace extra. 3233o;
do, Ilrsts, 21W31c; seconds. SSOSHKei Jobbing
sales of fancy prints, 37OI0c.
COOS Strictly lino cbbs mot with a good out
let nnd ruled llrm. Quotations: In freo enses.
nearby extra. 32n por coz. ; nearby Ilrsts, tb.7(ISP
l per standnrd case: nearby current receipts,
t7.bOS.40 per case; western extras, 32o per
dos. ; western extra firsts. f8.70fflli.3O per enso:
do. Ilrsts. t8.10W8.40 per case: fnncy selected
candled fresh circa wero Jobbing at 3u(i37c
Cllll'lisn OfferlnRS wero IlKht nnd tho mar
ket ruled llrm. with demand fair. Quotations:
New York, full-cream, fancy, 17U W1714o: do,
do. fair to good. lU'-i 17c: do, part skims,
II 10c.
POULTRY
LIVE The market ruled steady under mod
erato offerlnga. but there was llttlo tradlnr.
Quotations: Fowls. 18'4 il'Ma: roosters. 14W15o:
sprlns chickens, according to quality, welching
1 2 lbs. and over apiece, 21022O: sprlnc
chickens, smaller alzea. ll)W20c: whlto Leg
horns, nccordlns to quality. 1710c: ducks, as
to slzo nnd quality, 13017c; pigeons, old, per
pair 236i2Kc; ilo. youni: per pair. 20(oi22c.
UltlOSHKD The mnrkct ruled firm under light
nflcrlnns nnd a fair demand. Quotations:
l'resli-klllcd. dry-packed Fowls. 12 jo liox. dry
picked, fancy selected, 23c; do. welshing 414 MB
lbs. apleco, 224 r do. welching 4 lus. apiece,
22'i c; do. weighing 314 lbs. apiece, 22c; do,
welshing 3 lbs. apiece. 2021c: fowls. In bbls..
Ice-packed, fancy, dry-plrkd Northern Indiana
nnd Illinois, wolglilmr Ifl.l lbs. apiece, "So:
.Southern Indiana and Illinois, welehnl" 4it'n
lbs. apiece. 2114c: smaller sites. 182in; old
roosters, dry-picked. 10c: broiling chickens. Illi
nois. larKC. 25SS20ci da, Indiana, large. 242.-ici
do, sninllnr sizes, 20 W 2.1u; broilers, Jersey,
fanrv, 32031c: broilers, other neamy. weighing
1'4 (1; lbs. apiece. 30032c: broilers, nearby,
smaller sites, 2720o; ducks, nearby, sp-lng.
llP2nc: squabs, per dozon White, weighing
llifnt" lli nr doznn. in.riOvrn.7A: do. wchrhlnir
IIJSIO lbs. rr dozen. t4.nor.2S; do, wclghlm
8 lbs. per dozen. 13 7304.10: do, weighing 7
lbs. per dozen
His. per noze
smau anu
JU ii. ' ihvi.iu. uu, nrvii.ii, i, k ,
izen. 13 2nw:i.OO: do. weighing lift 1114
lozen. 2.no2.7fl: dark. t2.234J-2.73;
No. 2. C0ctl.23.
FRESH FRUITS"
Choice stock was generally steady under mod-
ate olierings una u jmr uriiinnu, ivuoiHTtuns.
LAWSENdS a BROWN C.
Kit idBALBSTATEl TKU3T UOJXDUta
Delaware and Maryland, per hamier
rair to goou. .latouftc. l-emons.
I'lneaUDlcs. ner crate llirl,lit.
tl.BOW.t.no. 1'encnes. Virginia.
era
l..-,,i.v SlSl
ner box. t748.
1 r.lSt'A nn. Penches. Vlrclnla. ner crate
llelle, JL'SIL'.-'fi; Carmen, tl-291,7,1: Mountain
Hoso, tl.2301.73. l'rars. North Curollna per
bbl.. tiffin. Cantaloupea, Delawar ind Mary
land, per craie, ouw uc. ,raiiee. .o.m Caro
lina Delaware, per crate. tl.2Srtl.fiO, Water
melons, southern, per car, tlS0O323.
VEGETABLES
Demand was fair and values wera well main
tained on choice stock of most descriptions. Quotations-
While potatoes, per bbl. No. 1 KaBtern
Mhnre. t2.23W2.73- No. 2 Eastern Shore. 11
1.25: No. 1 Norfolk. t22.23; No. 2 Norfolk,
11 ie 125. White potatoes, Jersey, per basket.
naOUOc. Sweet potatoes. North Carolina, per
bbl. No. 1. I3W3.00: No. 2. t2W2.75. Onions.
Jersey, per basket. 73i85c; do, Pennsylvania,
per hamper. tl-2Shi 1.311; do, do. per luo-11, ba.
i2.25GP2.75; do. Virginia, per basket. Jl'ri;.23.
Condition of U. S. Treasury
WASHINGTON. Auk, 14. Tho condi
tion of tho United States Treasury, accord
ing to a. statement Issued today, was as
follows: Net balance In general fund,
217.100,848; total receipts, $24,337.944 ;
total disbursements. $35,058,070; deficit for
the year. $23,293,765, exclusive of the
Panama Canal and public debt transactions.
BAR SILVER
Bar silver was quoted In London today
at 31?id. up l-16d.'
Commercial bar silver was quoted today
in Now York at 66Hc, a gain of c.
BONDS
Carefully selected securities,
of proved merit ,
Sand (or Circular.
MELLOR & PETRY
New York- Stoek Kiehanre
I'hlla. Stork Exchange
COMMERCIAL TRUST BLDO.-
IS SOUTH BROAD STREET
llember
33S
WANTED
Nashville Gas & H.
Ss
'REED A. MORGAN & CO.
WKST VSV .TttJJST 11L10.. 1'UILA.
Members of tha l'hllu. block Kftbane
I.EOAI. ADVKETISEMENT3
KSTATE OF SIAKY T.
l'AUKK. DE-
eeaied ' Letters testamentary on tha
above estate bavin bwm aront4 ts the under
alsnad. ail persona Indebted to the said ultM
art rwtiuated, to wake payment, aod toes
bavins claUns to present tha sama, without
de jyT to XUEXANDSK PA1. or to bia M-
tqmff.
AW
,T T. BA1IBRLE.
Oesuooawtalut Bldx.
SHORTAGE OF FBEIGHT CA'ES TROUBliEg
RAILROADS OPERATING IN THE EAST
Officials Report Business in Section This Side of Chicago
and St. Louis as Very FavorablePhila
delphia Tradingjs Dull
Hnllrontls aro still encountering much
tlllHcully in meeting tho demands of ship
pers, omclnls of the lines operating east
ward from Chicago and St. Louis have
reported that thcro has been little, change
in tho east'bouml situation since the begin
ning of the weeic.
Cars are still scarce for the shipment of
grain nnd other commodities, from western
iH'intB, and trndlo conditions are such that
the movement of freight becomes easily
rongestcd.
The movement of freight west-bound
holds well above the similar period of a
ytnr ago without particular feature no
crulng to the movement.
(Iciicrnl business in tho section covered
by these roads continues of a very favor
nhln character, nnd trnlllc officials predict
no Importnnt change In tho situation In
tho nenr future.
Itctiirns of Idle cars by the American
Hallway Association, ns nf August 1, Indi
cated an Improvement In the movement of
tho cars, but nlso shows the extrcmo short
age of the cnr market nt this time-
There was o not surplus of cars at the
beginning of this month of 10.C16 ns com
pared with r2,234 on July 1, and 264,242 on
August 1, of last year. The surplus of nil
the roads reported on August 1 aggregated
47. DOS, but there was nlso reported a short
age of 37,202, which left the new surplus
small. The ctoss surplus on July 1 wns
GS.OJB.
Holiness mnrltcd tho trndlng on the
Philadelphia Stock Exchange at the open
ing today, and there was not much business
during the forenoon. Outside of activity of
Pennsylvania there was nothing of special
Interest In the market, .
Theso Issues opened at BB, then drop
ped to 65i, but recovered to the opening
price before the noon hour, a loss of A
from Saturday's price. More than 1000
nhnreB were sold during tho morning,
needing opened nt 102H, nnd after sa
glng back for a loss of a point and a half,
It recovered ind sold up a fraction at
10316. Cramp trust certificates sold down
Ms, 76 shares changing hands at 71,
Heading, which was the leader In New
Tor k, gained adltlonat strength following
the noon hour, nnd before mid-afternoon
had reached 104, a gnln of a point Cramp
recovered, climbing to 72 U, above Satur
day's close. Pennsylvania, sold nt 66 and
Lnko Superior Corporation lost a fraction.
Klectrlo Storage Battery waa still In
demand at 68.
The sentiment continued conservative '
during tho late afternoon, traders awaiting
further news on tho railroad conferences
In tho White House. Arbitrage issues ap
peared In n stronger tone. United States
Stpcl sold at 8814. up H-
Heading dropped back to 103 and Penn
sylvania held steady at S6. Electric Stor
ugo littery nnd Lake Superior CorporA
tlon each lost a fraction. Union Traction,
Philadelphia Traction and Rapid Transit
trust certificates wero unchanged.
CURB ISSUES QUIET,
WITH TONE STRONG
Traders Show Disposition to De
lay Action Until Railroad Sit
uation Definitely Clears
NEW TOHK, Aug. 14. Thcro was fairly
strong tono to a numbor of stocks on the
llrond street Curb today, but the waiting
disposition still prevails In that market, with
the trndcrs not inclined to take any posi
tion until tho railroad situation Is definitely
cleared tip. This mado business oxtromoly
quiet during tho greater part of tho day,
nlthough advances of modernto proportion
wero made In n number of stocks.
Aetna Explosives moved up from 9K to
109s. and Chevrolet Motors ranged from
212 to 217. There wns a llttlo buying move
ment In Tobacco Products, which rose about
one point on the expectation that tho stock
will bo listed on the exchange, but no action
was taken by tho stock list committee, ns
It woa Impossible to obtain a quorum.
INDUSTRIALS.
Did. Asked.
Aetna Explosives OH 10
Am lint Mrs lo so
American Marconi 3H 3
Harnett Oil & (la afc 3
Canadian Car Co 40 DO
Can Cnr A Fdy pfd 70 80
Chevrolet Motors 200 21.1
Curtlss Aeroplane Ti 28
Ilrlcss-Real 1)2 UB
Hmerson 1'honoEraph , 1)4 10
Flemish Lynn 1H 2
Haskell . Ilarker Car 81 H 33 n
llendeo Mfc 28 S2
Kathodlan rlronzo pfd 1BH 20
Maxim Munitions 4H 4H
Manhattan Trans 1 l't
Mldvalo Btoel 61 OH I
rocrlcas Motors '..... 21 22
I'oole Una 04 100
8 H Kresio w I 11U 12
Standard Motors SM O
HtrnmbcrB Car ,.. 43ft 4314
Ktutz Motor 05M "in
Submarine 82 li 83 1
Trlanxle Kllm 2U 2l
United rrotlt 8harlnir H
United Motors . 04H 03H
UH Land If com 2H 2S
do pfd 4 Si QH
Whlto Motors V H
World Film ,. B1H 61 U
STANDARD OIL.
Illinois .' 103 108
Ohio 224 227
1'ralrle I'lpo 220 233
Standard Oil of California 2A7 20H
Standard OH of New Jersey BIS 010
Standard Oil ot New York 203 203
OTHER OIL STOCKS.
Cosden Co 14 14U
rosden OH & Uaa 11 , 11 H
Inter 1'etroj UH Oti
Houston Oil 14 14'
Midwest Reflnlne Ss . 00
Sapulpa Kellnlnr Oft 10
MININa STOCKS.
Atlanta 0,, 10
llutto Copper & Zinc 4i 4?
Ilutte N Y A 2I
Cerro da Pasco 854 804
First National 8K 4U
Goldneld Merser 8.. 0
iircla Mlnlne , 4 ft B.
Howe Sound OH Bli
Jim nutler 87 BO
Jumbo Extension S3 67
McKlnley Darrah .;...... 00 02
Mawna Copper 14., 10,
Mines Co ot America 2U 24
Nlplsslnir .7 7U
Nan Toy 14 IB,
St Joseph Lead IB 1SU
AVest End Con 80 83
Willo 4 0
BONDS.
Cerro 6s 110 114'
LOCAL MINING STOCKS
' TONOPAH STOCKS.
Jim nutler
MaeMnmar
Midway ..,
Ml2pah Extension .,
Montana
North Stnr
Tonopah Ilelmont .,
Tonopah Extension
onopan .Mlnlne ..,
ii?sL-ue cuia
...
West End
OOLDFIELD STOCKS.
'.'.'.'.'!;;;rii!!;;!t;;;
Did.
.8T
.04
18
.10
.24
1
.BU
Atlanta .
Illue Hull
Itonth ..
""'"J
Combination Friction' '. I ! '. 1 U '.'. ', I
Dlamondfleld 11 II !"!.!.
?!' I
Moreneo
(lolddeld Consolidated ..... ,.i...
Jumbo Extension
Kowanaa , ,
oro .....;;;: .......
Hand Ken ,. ..... ......
Sliver Pick
MISCELLANEOUS.
Nevada Hill . ,
Nevada Wonder
Tecopa MInlnr
,0ft
.02
.12
.01
.03
.05
.02
, .02
. .40
.80
.68
i .11
, .04
::?S
.14
.2.10
, .08
Asked.
.20
.81
.10
:
.02
.04
.on
:R.
.CO
.82
,6S
.12
.OS
.03
.12
-.18
2.20
.12
Chester Bond Sale Disappointing '
CIIESTEn, To,, Aug. 14. The sale of
$100,000 municipal bonds by City Councils
here today proved or disappointment, for
only J 4 37 premium was roaHied"." ' The b.ond
were awarded to the Cambridge Trust Com
pany, of Chester, Pa. Other bidders were
Harris, Forbes & Co., Philadelphia, and the
Mellon National Bank, Pittsburgh. The
money will be issued in building a new city
hall and motorizing Are apparatus.
Spot "Wheat Steady at Liverpool
LIVERPOOL, Aug. 14. Spot wheat waa
steady today, with Australian quoted at 14s
9d, No. 2 red winter at 14b 4d and Ko. 1
Northern Manitoba at 14s 6d, Corn was
firm, with American mixed d higher at
10s OHd. while Plate showed a gain of 3.Ud
at lis Btfd. r
gf!l$l,
3BAB
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Vr jul,i, JEl.vlL.ti
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SECURITIES' '
Public Service Securities are linked
with the success ai municipalities.
Or necessity the success of public serv
ice companies is predicated upon the
growth of the communities they serve,
and if efficiently managed, are assured
a stability of income and increment in
earnings that make their securities
worth-while high-grade investments.
Wc specialize in the securities of Pub
lic Service Corporations, and at the
present writing have several excellent
examples that yield a very high return,
security considered.
We will be pleased to present details
for your consideration.
Beiken Aylirvg ct rauig
Land Title Bldg. Philadelphia.
INVEST IN MORTGAGES
AT 5.4
Recommended by
BEN T. WELCH
1328 Chestnut St.
4d3
15 !!T
fitAZERG-Oa
INVESTMENT BANKERS
Broad and Sansom Sts.
Too Interested to Talk !
5K"'"SIS sort of a hardship not to have "hpbby"
I talk at the breakfast table, but just as soon
as breakfast is qver you'll find the "Mrs,"
as deeply absorbed ini the Ledger's contents as
"hubby" is now. They both enjoy reading the
Public Ledger on their vacation, You should
get this enjoyment, too. Place your order with'
your newsdealer or send it direct to tie Circula
tion Department, Public Ledger.
vtf
-MfcE!