:f:m
EVENING LEDGEE-PniLADELPniiV MONDAY, AUGUST 21, 1916.
,T
.1
; ' jJiMXJu iyyg '
teroOKS START HIGHER, THEN FALL
AND ADVANCE AGAIN LATE IN DAY
jfnlted States Steel Common Leads Marine Common and
preierrea snares nit New Top Marks New
ring at Low Levels
Buyi
High Points in Today's Financial Ncios
Philadelphia bank statement for last week showed a big increase in-de-,,.
J Innnit and BUrnlus lucre. Inmcr nj t..t.. . y. . "" ..," ac
$t York and London. Cotton, gram and stock markets stronger. Foreign
"ttchango dull.
NEW "Vnmr. A !,, 91
fir not atwnys smooth sailing for the bulls nor trnnnuit tim for i,ni,i,.
i .locks. When bull operations arc In process and nrlccs nro moving i 1,1-w
ftLi. there are reactions nt frequent Intervals, which come In mini, n n.,n
K to en"8 nervousness In bullish ranks, as was shown by the action of the stock
lifket in iuu. " c
It requires stamina mm nerve 10 pass tnrougli such periods ami still retain
Utlve lines, uut moso wun tnoso qualifications generally niijlcc largo pronts
..it MAwnmant to tin. Pnflni, tlini-n ..,..... ..I .
Sten o ulm """ - " ""j ... lYtiu viHuruus advances in tno lnorn-
2!" ... ..-,. ..1 Clntnd QlnM .rt,..rr, .... a11Im .a nt .,.,.
hit "lln unlluu Jl"'v- "-' -u"""'" oKiiiuK in i, wunin & or us hlRli record
1 of 1909, wlillo Marine common boUI at the new high record of 39i. mid
Marino preferred also make a high record, soiling at 104.
Many other Issues made substantial upturns, but thoro was diminished vigor
Si the trading around and aftor midday, when Marino preferred dropped to below
ijj and tno cuiiuuuu muvn . m inu sumo nine mere was a sudden
Iw'ply of St. Paul, partly through C. p. Barney & Co., on which that stock
yielded more than 1 point, and fractional losses wero sustained In many of the
ither railway shares.
These recessions, when they occurred, caused some nervousness, but the lower
tola brought In now buying orders on a largo scale and In tho last hour there
ik. a resumption of tho upward movement, with quick recoveries In tho stocks
y,aa w . , ... . , ... . ...
khlch had snown iuauo, wu unman uuuiuiiairauons in oincr issues, wnicu wero
, t has lilrvli Mlfina few tlm .1m
then carriea iu "; ...t," f.. u. n.u Uu,,
COTTON PRICES SOAR
ON STRONG CABLES
Strength at Liverpool Results in
Covering Movement ana
Big Advances
NFW YORK. Aug. 21. Tho cxtraordl-
PJirr strength of Liverpool cables this morn-
ht I'd to a covering movement nere ui
W opening that' rushed first prices up It
'! 11 nolnts. An Increasing demand for
PocioW shorts later advanced that delivery
Tr, tlHt. or 21 points aoovo oaiurunya
di 'Later months meantime wero cor
YMpo'naingly active nt 18 to 23 polnu net
Shortly after tho opening thoro was a bid
,.,in t Tnnnnrv and It Immediately
fyrtneed to JH.69, with October Increasing
PThe eany auvuiim ......... ..............
V- .. ..-... m n oft nnlntu Tipf nltrhpr.
'lth October relatively strong nnd making
nrh rxpnrd.q for tho season.
fti Rut. eloiie. Onon. II a.m. 12m.
nhi, li.-o it. -ill it.ii.i
,,,.11,iU A ".! ""
...14.IIJ n.7i H.bu
'...H.IH
...u.st n.ui) ....
.. .14.45
rJmutrr
iurcn
VV "
rluir
Mwt ..
I4.rvi
14. an
14. (II
14.77
! p.m.
14.ll.t
u. nn
14.7a
14.87
Liverpool Cotton
UVERPOOL, Aug. 21. Thcro was only
' moderate demand for spot cotton today
at aa advance of 6 points on tho basis of
Hid tor mid-upland. Tho sales wero 7000
V.i.. inMmilnir C200 bales American: tho
! receipt! (9,000 bales, of which 41,200 bales
trere American. Tho -marltet ror lutures
t closed very steady at a net advance of
WAQU points.
big Jump in deposits
'ma and Surplus of Local Banks Also
Larger for Week
,Tha statement of tho condition of tno
ictmbers of tho Philadelphia Clearing
Hoasa Association for the last week showed
fii;Uj gain In deposits. Bank deposits In
creased J5.182.00O ana tne muiviauai ae
pMlti roae $4,183,000. Loans advanced
1191.000 and trie surplus was i,sm,uuu
Urcer than the previous week. Details
Increaso
Aiiff. 21. "10. DIf. prv. wk.
filxwit. (Ind)
k emulation
PCuInm bank ...
UWKilU of banka
ru ucftrmc jiouso
xrve held
IRiMrvt rewired . .
(fjrpluj ....
SCSurplui Auitutt
r7
i-
.SOI),'J0S,UO0
lUl.O.i.dUtl
U,41S.0U0
72.1188.000
1(111,387,000
13.310,000
1(IO,OS2.000
7II.B87.000
30. 303,000
1015. was
$.-,01,000
4.18.1,(100
1.0UII
B.R4B,00()
B.182,000
1,000
1,741,000
382,000
1 .111000
$31,807,000;
limit :,1. 1013. $10,30(1,000; Aueuat 10, 1012,
liy,000: August 21, 1011, $0,303,730.
(-'Decrease.
New York Bond Sales
lllah. Low. Close.
r.000 Alak Old cv 0s Scr A 113 OS lift
Cooo Amcr Arg cv Bs 10Ji 1II2H 10J
$3000 Amor Ar deb 3 0Ii 07 07
"3bOUO Anglo-1'r 3 03V4 U3'i 10
107000 Am Korclsn Sec Ba.... IIS',S 08 118
3U0O Amcr Tel clt 4s Ul4 OlVi 01H
0000 do ct Ilia 110H 110 110H
1000 Amor Tobnc 4a S2H 2,i 82
11000 Armour Co 4'4a 03V4 M 3S
10300 Atchison Ren Is H3H Vl D34
2000 Allan Co Mno clt 4a.. blVl SI'i S1U
1000 Ualt & Ohio 3'is OJW 024 02H
B0UU do Ba 1UU lllO'i liHi'i
1000 do 4a 00U VO't OOU
31000 do cv I'.ia U4 '.Ui 4l
220UU lleth Ut'ccl rM fit 100. loo'-, 1UHH
14000 Can Govt 4a 1031 10(1. Kill 100,
llimil do lii-Jil HUH !'HJi '.''''
HOOUII do 1U31 HWji mo loo
L'000 C C O iren 4Ha 7S 784 7N
noon Cent l.cuthi'r 1st Sa . .10J 1U 102
7U0O Cent l'ac 1st 4a US. MH hs,
1U00 Cent 11 II M J Oa...nil',i 1 1 UV6 1HH4
I.ooo Chill Conner 7a...... 124 IV! I 121
7IIUH ChM ft Ohio cv 4H.. K& 4'4 '
21000 Cliea & Ohio cy Bs... I3., U'JH 0.1
1O0O Chl h Alton 3Wa .... filiH B'.i-b ftu
KIO0U Chl 11 a Q Joint 4 .. IIS 118 OS.
3000 Chl II & q 111 3Ha ... 8.IT h:i'i 83ft
fiOUO Chl M 4 Mt P conv Ba.ltiT 111?. 107,,
10(1011 do cv 4Ws 1004 looVi IHilVl
200U do Ben lja llio'i llMf lll'i'i
1000O C M ft P 4a 01" lllt HI'i
B1000 Chl R 1 & P rrd 4a .. 711 71 Vi 71 S
niou do Ba r.n B8H r,s,
L'(lili) do Bs ct on atn Ml nil
2000 Chl llwy Ea .07,, 07 D7
loooo Culmn Am Siwar (H..1U21; liu'i K-'
10000 Krle conv 4a 8er D... 83H W.Vi 8..
21000 Kla & llnst Co 4'4a.. U7V4 07W 07W
11U0H Iloclt Val 44a DO '" H
BOdil Intcrb It T ref 5a 08., 118 08
211O0U Inter Jler Mar ct 4',4b.10s', 108J4 losji
1020011 do w 1 lis 07ti II7W '
BOOO Jap new O a 4.4a... 81 81 HI
7000 Jnpnncso new 4',jia... 834 8.'.4 8BV4
1000 K O Ft S & M 4a... 7,lW 73ja 7B
14000 Liicka Steel Sa 1030.. Ill U'l'i 1
:il)00 Laclede Una lat BS...10.' , 10J,, 102
4000 Lis & SI T B 102H 102!j lUiU
1000 .M.inhattiin atn 4a.... 8UU au). KUU
22IMHI .Mo Pac w I la I1B' (I5 0i;
1000 Mont Power Ba t'7S OTA "4
12000 SYCa Hud Cs 1121 142ft 112
1000 do 4a 81 M HO1
SOOOrt NYC :ia May, 1034 112 U2 02
2000 do 44a 10(10 102. 102t 102J.
21000 do 4ta 111(13 WStt 10S4 108 H
1200(1 do 4Mb 10t 103 JIM 1. ,
1000 N V N II & II 0a....ll2H 112'4 112'4
(1000 N Y llwy ref 4a 7BU 7B1 7.;
7000 do adl Ba B74 57V4 B7H
27000 N Y Tel gen 4A a .... UJJi "JJd Ji7J
48000 Nor 1'ao prior 4a .... 1UT OUn Jil'j
lllliil do Ben as W" "JJ J,V
10011 Ore Short Lino ref 4a. 01' OUi UIH
3000 Paclllc Tel Bs.. 101 IJU l
11000 Tenna Ben ct 4H ...1014 101U 1II1U
BIIOOO do 4ft a 1021.. Ill" look l(i.
l.'.OOO neadlns sen 48 n4 !; ;
1000 llepub Cuba Ba 1014.. 0U4 0BV4 0(JV
KOOO .ip Ir & H B.WlV-." SS '43 7?
3000 ht L IM18 Olf 4a. 7J 73 73
11O00 StLtS P uja w I. . . HIS "IS "
4000 doaerAw bhS d8j 8Ji
BOOO do ser U w 1 8S 84 Hl
2000 Seaboard A L adj Bs.. 'l 04 l
11000 So Pao cv ret p Be.. 101 l3n 103H
lonoo do rrd 4a ......... HJ MK J5
10000 South l'ac Term .Bs.. HI'i H3Jf 8.)
26000 South Tlvty sen 4a... 71K 71 71
BOOO do con 6a Ipl in fa 1 '
1(1000 Sparta 4a OJS ;? -1
1000 'l'inn C jet It , , ?1, ''s,,
53000 v a Stjfl s PSa 1 5h los in
21000 Union acrfd la.... im 00 00
7000 Un tlwys.S F 4s... . B3 83H .34
2100(1 Wub-P T lat ct t p 4a. 32 3J .1-
1(1(10 WeatN Y a Pa 4a.... K4 84 M
300(1 Wert Md 1st 4s.,... 72',5 724 7-'4
23000 West 11 S SJ cv B8...121 110 1-1
300(1 Wet Bhoro 4 8Js "!? ,gJ
1000 West Union Bs 1011 1015 101J
PHILADELPHIA MARKETS
iii
l SL JM.a
KTiT1 lvi
r.iunc aa. ooiiea. ooneiCBa, jw -
wuam 8, P. cured, loose, i". "
. TrLra 1iilXn hnlrf)ir Itnran. AM tO
PROVISIONS
Thra mi a fait Inhhlnv demand and the
Efurket ruled firm. Quotation follows City
w..ln sets" smoked and air dried. 2.8c; west-
VP ,wr. in sets, smoked. 28cs. city di.
fjjiicklei and tenders, smoked and air dried,
K.vreitem beef. knuckleB und tenners, smoiieu,
w 2Muaui poric. miiy.r'-'i
P. cured, loose. laU W 1,84 c; do.
9t. tu- -" V.,'.- . -T..I ...l rt In
.--, uLittr laun. nmuHru. Lifcjr u... -
M and average. lu4 c: hams, smoked, west
-" vuivu,
tffloki
tftnn.
JfoM ma average, city cured. 22o; breakfast
f on. western cured. 21c: lard, western, reijiieu.
.,. Uic: do. do. do. tubs. Hi,iVj".
city, 'kettle rendered. In tlerceB, 14 c;
. da. In tuba. 1414 c.
REFINED SUGARS
iYt l.-& a a. .a. i Jt. T9 sKnBrl'
iPJflefs; . Etra line Branuluted. 7c; pow
tfeltltH col,,ect,oner' Al B,UUc " "rde3'
DAIRY PRODUCTS
mpPQW rt iili 4 ihA r.t1
iiirv'ilv"r"a wer linn a"" .:"":
IWreUd nrm with a Mir flemand. Quoutlons;
IfiX Vh rul cream, fancy, liii-K
IK n do- do, fair to good, X7CJ17hci
rgr 48i, vttyioc.
POULTRY
LTVM nr..i j.-i li. -..i .Ad mnl.
) M the market ruled steady with trade
rVf- Quotatloniil 7imiIi. iRMHIci roosters.
?'; scrlmr rhlrken. apenrdlns to quality.
lece. 2l22a;
wiL .'.""'(- ""(
i.'oa lbs. and over
according to quality.
CT eUck.ns. smaller sixes, 1020oi whits
irf"1?' according to quality. 170100; ducka.
t Mirt.lBa, 1aty. 15B1TC! PUeons. ma.
usioc oo, youns", per pair, no""
FRESH FRUITS
S H?4,er moderate offerings. Quotations!
KT .Vli"!""" ana Mary una. per name"
?? IIW1 23. fair to aood. 357Bci lemons.
ioSa V " Pineapples, per cte. Florida.
LSftai .peaches. VlrBlnla. .per carrier-.
1Z0Z KQ. Carmen. 11,2501.75: Mountain
.HAw'Taj Ptari, 'North Carolina, per
cantaloupes. Dela wars. ana iij
.. 7BCOI1.25: grapes. North Csro
ilaware. per crate, I125O1.B08
V..H .a llMIBBaa.
' lifftV ' w. tar pearn,
"waj, vamaiou
&Ste.
per car. llBU4a;a.
VEGETABLES
W14.,r,J,.'alr and prices g-enerally wers
fe S?lo'jyaa- Quotations: WWU potatoes.
i'fe No. 1 Eastern Shore. I2.2S02.75;
MftJ,f'ero Bhore: 1101733; No. 1 Norfok.
C.. No. 2 MaWaiT, ti fei ''.i! whlta pota-
;.JJMy.
La rn,
? oj'Vii.pen,ni5S!r"
f WC! dn O..:. ","7' "TI.-.'-.i 1 vr.
?:& ?J,insylvanla. per 100-lb. bag. M.W
IJiS'asbliigton. per 100-lb. af. I2.1S
,;- uKinia. Br jusket. Iiai.-
GRAIN AND FLOUR
EpWAtv.
ssa
mah. ,. icbsI,Ji. .ur nnUflg
iilna VebbI.NT,rT3.2T877?
jersey, per :
per hamper. ?!"'5
a.
T.llMaln(a nd ,11 ....h m,,. VT&8 &
kOft demand and 'nrlcea further advanced
.0C8 rn. Intm ,n ovnnrt elVH tOr--NO.
.pot. II 50 til a Kd. ' uuthttn red.
J rea, j-'x.'..'
M1V11I
as?
ai, Itaima KTn
nt Vfi i -
tVWcelpt. 8J53 bush. The market was
.Wjrtsg,, Quotations Car loU for local
i.". W location Wulira No. S yellow.
a7o,,taaer yellow B80B7c. do. No.
.fci;? eo. No. 4 yellow. mw-e-
'YSrlpU, 10.47 bush. OfferTngs wer
i Vff rxet ruled ftrro, but dtfaana
lBder,te. QuotaUons: Vo. a wb'te. J
white, 40W O30Hc; No. 4 white. 4840c; sample
0aFi.04Un-Hecclpls. 420 bbls. and 010.183 lbs.
In sacks. There was little trading, but values
wero strongly held In sympathy .with wheat. Ho .
lowing are the quotations per 1U0 lbs. In wood!
Winter, clear. 1(10.50; do. straight. (l.BO7i
do p"ent 1707.50; Kansas, clear, cotton aacka
1(1 7B7.23; straight, cotton sacks. $7.40lP7.75:
So patent, cotton sacks. 180B.25; spring, first
clear. I0.80WT 40; do. patent. 57.8008.23: do.
favorite brands. l8.50OH.80: city mills, cholca
and fancy patent. 8.B0H.H0: city mills, revu
far Brades-wlnter. clear. IBOfl.BOi do. straisht,
10 30O7: do. patent. I7O7.B0.
nYK FLOUll was In small supply and firm,
but quiet. We quote nearby at l4.230B.73 per
bbl. nnd western at l3.o0O0.2S.
IIUTTEH Fancy stock sold fairly and was
well cleaned up at firm prices. Quotations fol
low: Western solid-packed creamery, fancy spe
cials, 3lci etra. 32033c: extra firsts, 81031HCI
nrats. 3030Hc! seconds. 28 M20Hc: nearby
prints fancy. 35c: do. uverago extra, 33 3lci
do. firsts. 30632c: seconds. 2O02Oci Johblnif
sales of fancy prints, S8(iil41c. ....
KQOS There was a good outlet for the l.m
lied receipts of strictly fine eggs, prices of
which were firmly maintained. Quotations: In
free cases, nearby extra. 32o per do-, s nearby
firsts. 18.70(90 per 'standard case: nearby cur
rent receipts. 7.808.40 per case: western ex
t?as 32c per dos.l western extra firsts. 18.70 O
L.30 per case: do, llr&ts. 38.108.40 Per case:
fancy selected candled fresh eges were Jobbing
at 3(l37o per doz.
nrtE.SSED The market, ruieq nrm. unaer
flrn
.u
23c; do, weighing 4 lbs.
avi ids
light orterings and a fair demand. Quotations!
Fresh-kllled. dry-packed fowls. 12 to box, dry
nicked, fancy selected. 23Wc; do. weighing 4fi IP
apiece,
k ihu oniai n
1e do welshing 3 ids. apiece, j; uo. weian
ffif'S ?b aplecf. 202tc. .Fowl. In bbl... Ice.
nuked, fancy, dry-pliked Northern Indiana
Endkllflnols"Cir,elgblng4?js lb..1.pf.co. JUo,
Rniittirn inaiana i
inu UllU,Bi1W ;,
inl.rs. 22o: smaller.. sixes, ib.ic. . urn
rra,.jLTg3Be,ss. tsssssrus rff
23c: do", small sixes. 22tP23c. Urollers. Jersey,
f.Stv. aOB32o: do. other nearby, weighing IVi.W
j ID
sixes
lbs,
to
log
jmm?&im
.20 27c Ducknearby. .PrW, 1U 6 20c
ipStbs. per'doxen. Tj od5.25f wh tf. jTjh.
H ids. per oo. JS-AKJ-n,,t SK Z' ZliZh.
dark.
IB
i I,. , - ;
BEU.MARKET 3204
KEY5T0Ht,PARK65S
New York Stock Sales
Acme Tea ,.... 51H
Adams u.t press.., .1,17
AJix KubUr ,it 05
Alaska J Gold M... 1. 1,. 7H
Alaska tiold M,...t...i 10
Allls-Chalmcrsaife..,,.. 22J,
Allls-Chalmcrs Mfg pf ,. 79! i
Am Ae Chcmldal.t.tttit 78
Am licet Sugar ,,., 8MS
Am Can mii
Am Can pf. ...... ...... ,111
Am Cat it Fdy , fl.if
Last close. Jtlgh. Low. Close.
F.1U 62M 62M
133( 1S3' 133!f
OS
7H
10
21
7031
78
SSif
M!f
inf inn ntfi
G3H 0Hi WU
05
m
17
24
80
70H
003
01 U
03
7?
10'f
2IH
SO
78H
U05,
Am Coil Products H7JS 147H 140)i 147X
Am Cotton Oil ...52 53 521 6.1
Am Hldo & Uathcr 10 10H 105. lOh
Am Hklo Leather pf.. CI 62 60! 62
Am Ice Securities . ...... 2S 28 28 23
Am Unseed 223J 23H 22t 22Ji
Am Unseed pf 60 62 51 5.U
Am Locomotive 72) 70t 72 7(W
Am Ixjcomotho pf lot 105 10JU 105
Am Malt Corp'n pf mi 40 40 40
Am Smelt . Itof osw mX 0S3J 00H
Am Smelt & Uet pf .....111' 11031 110!f 110f
Am Steel Foundries 5-135 633i 65!f 553J
Am Sugar ncdnlnc iun 110! 110U 1103.
Am Tel & Tel li'JJi 132), 131! 131K
Am Woolen Uli d5'i 41J 45W
Am woolen pf OS
Am WrllliiK Ipf 27
Am Zinc h . Sm ."vi
Anaconda Cop M 8-l'
Associaied nil
Atcii roii & s r . .
Atch Top & S V pf.
,u (.-oast i.mo
08)
27
.13
fcOl
O'JJJ
0S)i
27
33
SO
09
03
27K
S5H
os'i mil os3f
103 103f 10.UJ 1031 (
01) 0S3S 0S? UiJf
li:!t: 1t.li 11314 113)4
All tlulf & W 1 7UJ 73 72 72
All Oulf &V I pf...... 05if 0535 IK3VS O.Vi
HaKl Loco Wks .,. 753S 783 75 7S)
Halt & Ohio 80!f 8(Jf WHi Sll'l
Halt & Ohio pf 73'i 733s 73 7.H,
llethlclioin Steel 4Q0)j 407'S 4(173$ 40734
Hrooklyii Hap Tr si)5 St 8-tJS StJf
IlrownShoe CO 01 00)5 01.
Ilutto & Superior 0735 073, 073i 0731
Canadian TaclHc 177)4 1773," 170 170
CasoJIThMpf 85 8) 81 l
Central Leather 57 57)i 57 673i
Central Leather pf 112)1 II23S 112H 112H
Clics & Ohio 01 02'l 01 021
ChlcacoMIl &St Paul.. 1M tills 023i 033,
Chicago Northwestern. 127 127 127 127
Chlcato It I Pao 10'J
Chile Copper 20'1
cmno Copper 51
Col Fuel & Iron 18
Col & Southern 1st pf . . 50
Consolidated Has 135'i
Continental Can 1)0
Corn Products Kef 11) i
Corn Products Itcf pf. .. . OOJi
Crucible- Steel 73
Cruclblo Steel pf HR
Cuba Cauo Susar 6731
uuiii cano bucar pr .... 05
uctrolt i:dlson 130W 130
Distill Sec Corp'n -lo)i -10
..20)i 251,
. 10 v 10
. 30), 'MU
. 62)i 63
. 17)i 17J,
.170)i 1713,
.5S5 5S0
STRENGTH RECORDED
BY SOME CURB ISSUES
Improvement Is Not General.
Munitions Stocks Lead Trad
ing and Advance
-y,
20
;u;
103,
5.r.)i
130
003,
15' i
VilH
77
118
50
05'i-
1(1),'
20
6131
tS!
55J5
1034
20
5W
10i
5534
13S)S 130
OS 0S!t
11', 15
1)131 tll'l
73'1 70' .
117)4 11J
573, 60
Dome Alines ,
ul SS &. All pf ...
Erie ,
Erie 1st pf
red Mln & Sm
General Electric
General Motors
General Motors pf.,,
Goodrich 1J F
Granby t'onsol
Great Northern pf ..
G N cfs for oro prop.
03)1
130
15 i
25'1
10
.MP 4
521
1.7 1
in
63)
01
130
ID
25! i
10
303,
63
I7K
17031
6S0
.12034 12134 122' 1 122)1
72 73)1 72)1 72)1
88 5731
..117)5 US
30)1 -1031
87 Jl 8735
117)4 IIS
Gulf States Steel 1st pf. 05 05)4
Illinois central loiji ioi
513;
.. 13
,.115'4
.. lR'-i
.. 73
.. -12)5
.. 37
..100
.. 2t!
.. 7231
.. dO
. 75) i
. -10
. 70
.123
Insp Con Cop.
Int Acrlcultural
Int Harv N J
Iitt Con Cor v t c sli
Int Paper pf
Int Nickel v t cfs....
Int M M c of dep...
Int M M pf c of dep
Kan City Southern
Kelly Sprlni; Tire
Kennccott Copper
Lack Steel Co
Leo Rubber Tiro
Lehigh Valley
Liggett & Myers pf....
Luuis & Nash
Maxwell Motors
Maxwell Motors 2d pf.
May Dept Stores
Mexican Pctroieum
Miami Copper
Minn St 1' &SSM ...
Missouri Paclllc
Missouri Pac tr cfs
Mlibourl Pac wi
Missouri Pac pf w
Mo Kan & Texas
Nat Lead Co 0535
Nat Lead Co pf 115
Nev Con Copper 18J5
New York Air Drake. ..13035
New York Central ...
New York N II & If
Now York O West. .. . 27U
Norfolk & Western 120
Northern Paciltc Ill
Pacific Malt 2731
Pacific Coast 05
Penn Itallroad 55J!
People's Gas Ctil 1023,
Peoria & Eastern 12
Philadelphia Co 38)1
62)1
13
115
1031
71)4
12)4
30!
30
03)5
101
62
13
115
MH
71'4
1131
3034
101)4 100
21)5 21)4
2)5
1031
77
1514
70)4
121
120)5 130
81)5 85)1
57)5 67
03 0231
i2!l
18)1
7535
15
70
121
130
8335
5031
02)5
1U'J
0535
101
52
13
115
1031
7134
12)5
3ft
102
2135
72)5
103
70)5
15)4
70)1
121
130
8135
57
02','
100)4 102)1 10035 10111
'AH 35 35 35
123J5 122)4 121J5 122)5
5
5)5
.23
.10)1
4)1
Pitts Coal c of dep.
Piessed S Car Co
Pressed 8 Cat Co pf .
Pullman Co
Ity Steel Sp Co
Kay Con Copper
Heading
Heading 1st pf
Heading 2d pf
Republic Iron & S ,
6)1 5 5
23)5 2311 23)1
10)5 -10)4 -10)4
4)4 431 435
00)1 0031 G6!l
110), 11035 11034
1SJ4 18J5 1835
130 137 130
.103)5 10131 103)1 10355
0)1 00 00 00
27 20)5 20)4
130 120)1 130
111 11015 110)4
30J-S 2S)4 20)5
05 05 05
50 5531 53)1
102)5 102) 102)4
11 11 11
303-1 30)5 30)1
...27 27)1 27)1 273 1
... 5231 54)4 53 51)5
... 00)1 100 100 100
...107 107 107 107
... 47 47J5 40)1 4735
... 21)4 21)1 2-1)4 24)1
...103)4 107)4 103J5 107
... 44 41)4 41 41)4
...45 45)1 4531 4531
51 63H 5131 535
Republic Iron & S pf....H3 11311 11331 11331
ShatArUCop "S)4 283i
Scars, Roe &. Co 20331 208
bloss-Shef S & 1 48)4 40)1
Southern Pacific U8K 0S)
Southern lty 23)1 23)4
Southern Ity pf 00 08)4
2SJ, 23l
204 200
48)4 40)5
08)5 08)5
23)1 23)1
07.j 07J4
02 02
120)1 130
110)1 110)1
25)1 2531
101 10534
11)1 11)1
4135 4131
102 102
Standard Mlune........ 05 02
'Studebalcr Co 131), 131
Studebaker Co pf 100 11031
Tcim Copper 25V5 2531
Texas Co 103 100
Texas Pacific 1HJ 11)5
Union Bag & Paper pf .. 4135 41)1
United Cigar Stores 101)4 102)1
United Fruit 100)1 1CSJ5 100)5 107
Union Pacific i 13031 110)5 130)1 140
Union Pacific Pf 82)5 8235 82)5 82)5
U S lnd Alcohol 112 114)4 112)5 113)1
US Rubber 58)4 60)5 57)1 5731
U 8 Rubber 1st Pf 110)4 110)4 110)5 110)5
US-Express 31 31)4 31)5 3D,"
U8SmR&M 70)4 70)4 70)1 70)1
U S Steel Corp'n 01)1 05 01)5 05
U H Steel Corp'n pf IIS 118 118 118
Utah Copper 82 82)5 81)5 82)5
Utah Securities 17)1 17 17 17
Va-Caro Chem 42)( 4331 4214 43
Va Iron Coal &0 47 47 47 47
Wabash 131 13)4 13)5 1335
Wabash pf A. 40)4 40)1 40)5 40)5
Wabash pf U 27)4,27)5 27)1 27)5
Wells Farso Express 126)1 127)5 12735 12735
WestG&M 60)5 60)1 50)4 00
Willys Overland 55H 5031 55M 56
Willys Overland pf.... 10t low 104)1 10431
WoolworthFW 130 138 130 137
Worthlngton Pump...... 28 28 28 23
Worth Pump pf A 07 9531 0531 05)1
Worth Pump pf B .51)4 55)4 55 55)5
Quoted ex dividend.
R A
4ms7 T4T
ty
PUBLIC SERVICE
SECURITIES'
Publto Service Securities
are a lien on the success of
communities,
C In makiW a purchase of Bonds for
investment there are several underly
ing requisites -which are more nearly
adequately met in (food Public Service
Securities than in any other class of
investments.
C, Wc specialize in (food Public Ser
vice Securities.
CT, At the present time we have a par
ticularly attractive list yielding from
514 to 6,
C We will consult with you cither
personally or hy mall regarding' them.
Beiken Ayling 6.iig
Larvd Title BlfJg.PWladelphia.
iQttsllsnaMMslflBlslli, isiniTHWriinfirt-mn
NfiW YOttK, Auk. 21. Rome stocks
showed strciiRth on flic Ilronri Street Curl)
ilurlnR the Orst half of tho dny, but there
vnq no tinlform Improvement
The nctinn of the market was considered
enllsfncltiry, however, ni) there wns evidence
of qukt rrcumulallon In many Issues with
out nny r IT nt to advnnce prices, nnd It
wns tiinURiit thii accumulation will bo re
flect -I In rcncrnl advances within n, Bhort
period.
Tho munitions slocks were tho most
prominent features, Aetna Kxploslvcs mov
ing up to 14 nnd Maxim Munitions sell
Iiiff nt 0.
The most pronounced evidence of ac
cumulation was In CltkHnle Steel, which
ranccd from 02Vi to C14, with buying
coming from extremely strong sources.
INDUS rilIAI.3.
Aetna Exploitive
Amerlcan-llrlllsh Mfs;
Atnrrlrnu M.iloinl
Canadian Cor Co .,
Cnnaillnn Cnr H IA! irc(
Chevrolet Motors
CurtlM AeroplMio ...,,..,
DrlBKS-Scnlmry
Kmerson rhonojruph
IlHskrll t- llnrkrr Cor ,
IIitiIoi' Mimifndurlnir .......
Kuthmllnn llrmise pief ,
111.1.
K
p
ii
unit
mi
lis
J'1'
s?
IS
.Miixim inmiii..iii .
Mnnhntlnn Trnns 1),
Ml.U-ib' Hlerl n:i
Otis i:iontnr II
Perrlnn Motors , , , . , IM1.
I'nple llnnlMfrlm; HI.
H 8 Krci.g.' w I , ll'i
Ktnndard Motnr.i it
Hubmnrlnc 3.1
TrlnnKli' Illm BJi
United Prom Hh.irltu -1.
IT H I.Uhl & H-flt .1. ,
If H I.lllht tr Heat ITCf 1
White Motors n;iVj
World rum S
rlemlsli-i.jnn
White oiks .
Htutz Motor
Mtrnniliprif
United Motor Ill
HTANIUltt) Olt. STOCKS.
tllliio, HIT
illilo -"'
1'rnlrlx I'lpo '-'Id
H ( of Cillfornl.i , 'Jd.l
H O of New Jersey 01S
H O of New York 'JUfi
OTHtill Oil. HTUCKH.
Cosd"n Oil tSU
Inter Petrol S
Houslun (III II
M Mural lleilnlni; Ill
tlnuulpu Hollnlnu Ii'.i
MINl.NU HTOCKS.
nn
ll'i
All.-intn
Ilutto Copucr & '.lno
Ilutto & N V
Corrn do I'lsro . .
First .Villi. mnl
(luldilrld Mirster
Ilecln Mlnlni;
Howe Sound
Jim IhitliT
JiimiH. rxtcnlnn
McKlnli' - !. rri nil
MMKniu Cnt.nrr
Mines Co .if America ......
Nlplsslnc Mini". Co
Son Tov
St Jo. i-iih l. ml
West l!nd Consolidiled ....
I10.VDS.
Ccrro ,K Pasco
Itusshin Clot lis
v j,
:: :,vu
. . N
..
, . t
.. Ml
. . ti'J
. . r
M1'
i; ?
..it
.. tmi
.. 77
..Ul
.AMI
Askoil.
r .
Kll
Sim
so
us
in
as
ai
un
'P
113,
nil
i?:rs
3.-.S
n
5
r,,
5S:
t.
ll'i
OilS
l.-i
Gl'i
17(1
'""(
23.1
.-ii r
Mi
lnJr
II.l
111
2'1
311
li
II
x:,
r,t
no
ir
tr.
luo'i
LOCAL FINING STOCKS
TONOl'AU BTOCKS.
Jim Ttutler ........
MarNnmant
Mldwoy ,
Ml:iih Extension .
Montnn.i
North Htiir ,
Tonopnh llolmcnt .
Tonopnh Ilxtcnslon
Tonopnh Mining ..
ltpcu Uulu.
west j-;nu
Illd,
.SI
.ii.
.is
.IN
.2.1
.1.1
Hi
"J
'Si
QOlMinVAM STOCKS.
10
(12
12
Ill
IW
Atlantn
IIIUH Hull
llootll
llulldnc
C U I)
Combln.itlnn I'mctlon
ninmondilold II 11
Daisy
Florence
C.olddeld Consolidated
(loldueli! Mirunr
Jumbo Kxtcnslon
Knwnnss
Oro
S.indstorni Kcidall
Silver l'kk
MISCELLANHOUS
Nevada III1I
Nevada Wonder !
Tecopa Mlnlne
.11.1
.11-'
.()
.r.il .CO
.lis
'.'in
.01
.04
.15
.12
MII
.10
Asked.
.Ml
.nil
.20
.2(1
.211
.1(1
I'l
8
.211
.77
.It
,n:i
.11
.02
.01
.(17
.04
.0,1
..12
.H2
.IMI
.34
.12
,11.1
,ur.
.10
.17
2.1.1
.12
LIVE STOCK QUOTATIONS
CIIICAO.O. Autr. 21. IIOOS. Ilecelpts.
82.0(10 Market, 13c hinder. Mixed nnd butch
ers, tlO.lllieil.0.1; food hin.y. fl0.H3Silt.03;
rough heavy, ill) llufHiiIO: light. JlO.au&ll.M;
piss, JN.a.l&lll; hulk, 1111.311011.
CATTI.K necelnts. 23.000. Market, steady
to IOC lower t.eoea. ,. (fulfil, cows anil
bi'lferM, l.2.1li.7.1: Mockers nnd feeders. S3 2,1
HT7 no; Tcxans, tU.5ilU0.73: cuhes, 10.5U(i
12.30
SI HEP Ilecelpts. 22.000. Market, steady,
10c luwer. Natlvo und western, J1.73WM;
lambs. tH.30011.23.
INVEST IN MORTGAGES
AT 5.4
Recommended by
BEN T. WELCH
132S Chestnut St.
FkAZIER&Oht
INVESTMENT BANKERS
Ilroad and Sansom Sts.
M:0.I, AnVEllTISKMKNTa
USTATK OF JLVKY T. l'AUKK, UK-
reahed Letters testamentary on the
ubova cstato havlnir been granted to the under
signed, sli persons Indebted to the said estate
are requesieu io maae payment tnu tnoss
navins: claims to present in.
delay.
torney,
Ttreaent tha lima, without
to ALKXANUmt 1'AUKE. or to his at-
ALnnnT t. nAupm.n.
BOH Commonweallh HMsr.
DIVIIIRNII NOTICES
THE A.UCRIO.
AMERICAN OAS COUlANV
lUi 5IAIIKrrr tiTIIIT
CAJIIIKN. N. J
........ Auirust IS. 1010.
A quarterly dividend of 2ft or 54.01) per share,
has been declared on the capital stock of this
Company, payable September 1st. 101(1. to tha
stockholders of record ac three o'clock p. in.
Aiurust lath. IU10. Checks will be mailed.
J, U. TOWNSENO. 3d.
Teen surer
IIIKl.lrmm Or ACttlUN'IANTt.
IVrtlfled I'liblla Arronntsnts
LAIVHBNCB B. DROWN A CO.
1C1B IIBAL K3TATB TRUST BUILDtNO.
Sales in Philadelphia
tl Am QaR ..no 120
io Am IIj-b pf o nn
SOO Am loco.. 7(1 7BW
.113 J (1 Hrlll. . 33 SO
100 Col V ft I.. 10 49
110 Crnc Stl .. 7B 74H
1.13 Klec Stor.. 67 07
200 Hrlo 87 30i
20 Illfl Co NA 23 23
200 Int At M ct 3914 30
fl Irfh Vnl , . 7014 7
110 Xcv Cons. I8M 18
136 lVnn.t It H 30M, 83T4
S l'a. Salt it. 00 09
in I'hlla lUcc. inv, 2A
323 1'HT trctfs 10, 10
1.1 I'hlla Trno 70 10
100 Ity Htl S)B 47 17
110.1 Iteadlnp: ,.ssyt 103
1.1 Toll Del .. IW 4Vi
410 Ton Mln .
no Un Trnc.
57 U O I ... 87 87V4
81R.1 tr S Btecl. 0.1 01
1B0 Crnmi) ft S 78 77
10 York Ity pr 37M. 3H4
Us illxldcnd.
lncrensc. Decrense.
Close
120
98
7
40
Net
chw.
1
3Tfc
1
7S i
67 .....
uy,
2.1
soy. 4-ty.
78; H
IBM,
R6 H
90 Tl
28 H
10 .....
y
2V4
79
47
10014
i'A
B SO-10 BO-10 8-10
JIV.I 1 1 Vi 441,4 .'
H7 .....
OS 3X
77 V,
3714 Vl
Total sale. 2,501 Khares, romparr.t vrltti 6380
ihnrr last Monday.
Net
Close, chirr.
01 w
1)0
llflXIW.
Illah, l.oiv.
$100 Amn&El Gs 01 01
louo li V Ren Is 00 00
1000 iS' Cent 2d
Ha 1020. 105W 105U
1000 Lch Vnl Tr
lot 68 ..103H 10314
1:000 Ia Co cons
IVjS ...104 . 101
1R100 IMilhl Ul 4s 84 8114
1800 do 6n . .lOiy, 10ir,
100(1 WNV&l'Blil 83 83
4000 (In 1st Gs.101 101 '
10SV4
103
101
4
104 H
83
lot
M.
'U
Incren8C Dccrense.
$30,000. roninarcd with J3,3,"iO
Total Hile,
last Jloml.t).
WHEAT ENDS WELL
AFTER REACTING
Realizing Causes Drop From
Early Advance, but Increased
Demand Brings Strength
CHICAGO, Atlff. 2t. After BCorlnvr sub
Htnntlal advances In tho early trndlnR the
wheat nuirket met considerable realizing
and declined to at or near Saturday's final
llBiires. Later, however, tho demand In
creased and nt tho cloco prices wero at
2-y4c net lusher.
Tho start showed conslderablo excitement
and new buying was rather free. Thero wan
11 good demand from Kaatern Interests who
wero believed to bo operating for foreign
account.
1'rollt-tnUtiR occurred from tlmo tn tlnv.
with a supply coming from tho .Vorthv.cst,
nnd many of tho larger buyers otfoclnrr the
various options, but after each uuceccdlng
decline that demand ngain Increased.
LeadlnK futures raneed as follows:
Saturday's
wheat upon. men. low. uiose
Heptember .. l.ltn 1..10V; 1.474 l.WIJ
ooiemucr . . l.o., 1 ii., i.in". i.i,a'4
May l.r.HVi 1 ASS 1.53? 1.07H
I'crn (new uenvvryj
September
December
JIB)''
Data
September
Diiemocr
.May
l.ard
September
October . .
December
liiuc
7i
7H
IT
6.1
M7.
7S
i5;
lu-s
63
Sll'i
711
77 !i
44Ti
!
61H
t43
S2S
rlon.
1.47H
1 lj
1.05
80H
75
7774
45J4
lt
014i
,.13.87
.13.N7
.13.'.'S
September ..14.47
Uctober ....14.20
l'orlt
September ..21. 1"
October . ..2cl 4.1
DccemlKjr . .2.1. .10
llld. tAukcd.
13 112
lll.lin
13.2.1
14.17
11.22
27.r,n
211.61
23.60
13.81
13.82
13.16
14.37
14.10
27.37
211.411
22.02
13,112 M3.82
13.H7 lS.Sd
13.20 13.12
14.10
14.1(1
27.47
211.6.1
23.10
14.42
11.12
27.4.1
211.2.1
23.60
American Telegraph
rcKular quarterly or 1
Dividends Declared
nnd Cable
Company,
Der cent. Dayabla tier.
(nmbf r 1 tn Klnr'r nt record AucilKt 31.
urio nnn i'liiBuurcn itnuroiu company, rei
lar (uariTlv of '4 tH" t
V to stock of record August 31.
vnbla Septcm!
g?r"
BUY-SELL
CAHL H.PFORZHEIMER&CO.
Denlera In Stnndard Oil Securities.
rboses, 4600-1 2-3-4 Ilroid. 23 Bread St.,N.T.
STEAMBOATS
IDEAL FAMILY EXCURSION
Iron Steamer THOMAS CLYDE
To AUGUSTINE BEACH
100-MILE RIDE for 50c
BTOl'l'INO AT CHESTER DAILT
rENNSOHOVK HXEKUAYS OKU
Only boat to Auenttlna Ileaefa, Landlnt la
front ot GroTe. 4 hours on the Beach. Hate
alt nater uathlnc fiOO sanitary bathrooms.
DANC1NU ALL DAY on boat A (rounds. I'lentr
tables, beurhes und shade. Artesian Hater.
Children B,5 25c
Fare "tX11 SOc
Leaves Arch St. Wharf 8i30 A. U
Sunday 0:00 A. M.
JAMES E. OTIS. Urr.,
Dallr.
S AUCU 3TUKET
STEAMSHIPS
AFtlERIGAN EXPRESS
Ticmrrs AND TOUItS
An International Travel Aienry
NIAGARA FALLS iTuTtZX
Montreal, returning- via Lake Champlatn.
Ika Ueorco and Hudson BUer Day Line; 8
data, Inclusive expenaa tour from Philadel
phia. Biartinn every uay, s.io.io. jji us out
line your vacation, titna or flooWef,
i-jione. tai. oiu
111... Bl.llllUl CC ...
no your vacation. 0
1127 Chestnut gt.
SUMMER RESORTS
SUMMER RESORTS
ilPW'sf "?rv
!jnTnrM.7jz .-&
ffi93lm
um
KB'
BIK!jS.viiir: (?5itw i ...
I tn l.yg. i,V. -"vy.
SWARTHMORE, PA.
Located hieh on the bank of old Crum Creek and
in the midst qf an apple orchard. Beautiful grounds.
Ample porches. Table unexcelled. Canoeing, tennis,
dancing and other recreations. The best resort for
families. Good Commutation.
Booklet, August and September
Phone- 97 J,
F. M. SCIIEIBLEY,
fl'vV'---'
sTCONE-ILABH0BtJ.ii.
STONE HARBOR
Both railroads. Farm products ana
ood tresS and Tpleatllul. Cltv coavenlenc.j.
Tht club, boardwallt. bathlox. Bns dshhu.
cVabblna and. SUM. . . L,.?"'
CUrc.
nuulirita hotel rates. Deaulirui wwawj.
T.EQ ttlcCBAVSJj.- Bor"a
wiLnwooD. n. i
BDGETON INN &2M!' e
near Beaco.
urcuia-
lroo.
T.Vl-K aLV;N-JU
CHALFONTE HOTEL ?$&!
lUasonabto rates. Mrs. calvmjsauernia
5i,aiin,nnJ OCtAO VlSW rOOJBS. Ca. IS9.
bnervYooa j5 l8 , j, cj 6riM,
ATLANTIC C1TV, N. J.
"miUDIrWRKOOTrWTELqr THE WORLD J
SlatlDoroiiihwini
ATLANTIC CHTY.N.jr.
OWnUSMS HWlACCMCNT.
jngiAH wHtrefcaowa compahv
.Tl .TtC CITV
jlup.rvxt$
P'SRMMO
i seta, new standard
or 3crvico.coiniort-beautv
IARGEST FIBEPPOOT BXSC;
aswHirr -
jiinii-FttTSMiiMfcifosgnrTarjiS
WS3J
RAPID TRANSIT COMPANY ISSUES
GOOD EARNINGS' REPORT FOR JULY
Steel Common Highest Since 1909 Cramp Goes Up On
Prospects of Large Government Orders Story
Reading Has Sold Coal Properties
Holders of stock of tho Philadelphia
Rnpld Transit Company wre Brnttfled to
day by tho showing made by tho company
In earnings for July, the first month of Iho
new fiscal year. The trroas passenger earn
ings for the month wero $2,214,928, as
against $1,939,905 in July of last year, n
gain of 14.18 per cent Net earnings totaled
JD93.463, compared with $844,211. Thero
was n, surplus of $178,186, ngalnst $27,C1G
In tho corresponding month ot IbrI year.
More life was shown by the Philadelphia
market todny than has been tho case for
homo days past. White United States Steel
common was tho most nctlvo Isiue, as Is
Usually tho case, following the lend taken
In Wall street, thero wns considerable In
terest In some of tho distinctly local Issues,
particularly Crump trust certificates nnd
J. a. Drill.
Buying of Steel common was good, and
beforo the end uf the first hour It had
advanced to a new high mark for the lircs
cnt movement and nlso to the highest point
It has sold since 1909, moving up to 03T4.
n gain of 2i as. compared with the final
price of Saturday.
Of tho local Issues traders showed the
most Interest In Cramp nnd Drill. Tho lat
ter stock advanced 3 points to 38 during
tho morning session, while the former went
up l'i. In connection with tho strength
In Cramp traders drew attention to tho
fact that tho company will benefit largely
through Government contracts as tho re
suit of tho passing of tho naval bill by
Congress. In the afternoon Cramp lost
most of tho morning gain.
Tho Street figured that tho company
would get between 25,000,000 nnd $30,
000,000 worth of orders from tho Govern
ment. Tho company hati several slips re
served for Government work, this being
done In compllanco of n request mada by
Federal officials. It was pointed out that
slnco tho company has been making such
largo earnings much of tho money haa
been put back Into Improvements, addi
tional slips, etc., and now It Is In a good
position to take large orders,
t Attention was also called to the fact that
the shares now show a. book value ot $190
each nn,d that tho company Is fortified by,
bookings running ahead for two years.
Therefore, many peoplo In the Street thought
that It was nothing more than reasonable
that the stock should show some life. Buy
ing of tho. stock was good, tho greater part
being for local account and much ot It was
for Interests which are close to tho com
pnny. Following tho upward move In New Tork,
Reading showed strength here, gaining more
than n point before noon. There was a
story In circulation In the street today that
Heading hns sold Its coal properties and
that the Dcthlehcm Steel Corporation was
the buyer. It was also said that aa soon
a.i tho railroad labor dispute Is settled tha
company will malto announcement of tha
falo and that there will bo a distribution
to th6 holders of tho common stock. Thin
melon, it was said, would be between $25
nnd $30 a share.
FOREIGN EXCHANGE
NKW YOIIK, Aug. 21. Tho fact that
thero Is no fast Bteamer available until
Saturday possibly accounted for the con
tinued dullness In tho foreign exchange
market in tho early ilenllngs today,
Tho market In mid-nftcrnoon wns ex
tremely dull nnd fcnturelcss. Hates were
not appreciably changed nt 4.75 i for de
mand sterling; 4.7GH for cables; franc
checks 4.90; cables, 6.90; rclchsmarks
cables 72 B-1G; checks 5.72U.
RATES FOR MONEY
JTiw York
IMIlJ.lolplila
Itn-tnn
t'hli nan .........
('nrr.'npri lnl ir por, three to six months, l'hlla
tlaliiiil... 411 (iM4 per cent.
2 314
I
.1
attOi
Time
44 or,
4 fi'4
4 it lit
BANK CLEARINGS
Jlnnk clcnrlnic toilny compared with corre
Bpandlne day Inst two years'.
mill. 1013 1014.
rhitniieiphta..3i,ns7.,jRi tai.irJo.Hon tiM.uTii.09n
Boston Jtl,4H.I,tl43 H.U.Il.'Jdt 14,in."..lll.1
New Tork . .27.1,711-1.3111 2II3,22II.'J., 144,HVl,34'J
Chicago .... ui.auo.inu 44,407,033 43,01:1.733
BAR SILVER
Bar Bllvcr was quoted today li London
at 31 7-lCd, up d.
Commercial bar silver was quoted In Now
York at GCc, up He
A Financial
War Map
of Europe and Asia
haa just been prepared by
us. This map jives the rela
tive areas of the Tjclligerent
nations and statistics re
garding their national and
per capita wealth, income,
debts, and other important
data. A complimentary copy
of this map will be sent on
request to investors inter
ested in foreign securities.
A. B. Leach & Co.
Investment Securities
115 South Fourth Street
rhllndrlphla
Now York Chlcato nuffalo
IfA Uonton I-ondon, Ensr. Baltimore
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First Mortgage Real Estate
5'2 Serial Coupon Bonds
rrco Uooklot Mailed, or Phono Spruce S744.
Chas. H. Moritz & Co. II'iK'i?,'!
VANTED
Chotter County Pub. Sorv. 5s
REED A. MORGAN & CO. '
WKST END TKUHT 111.1)0., fllll-A.
Member, ot the I'hlla. Ntock nirlmnne
REORGANIZATION
Wabash Pittsburgh Terminal Railway Company
The properties of the Terminal Company offered for sale
under the foreclosure decree of August 15, 1916, having' been
struck off to bidders in the interest of the Reorganization Plan
of June 25, 1915, it is intended as soon as practicable after, the
confirmation of the sale and the delivery of deeds for the prop
erty purchased to put the new Company into possession, and
thereafter to distribute the new securities to holders of certificates
of deposit who have complied with all of the requirements of the
Plan.
The Reorganization Committee desires that the fullest oppor
tunity be given all holders of First Mortgage Bonds to participate
alike in the benefits of the Plan. Accordingly holders of cer
tificates of deposit for First Mortgage Bonds issued under or
subject to the Plan, in respect of wltich no payment has been
heretofore made under the Plan, will be permitted to make pay
ment of $310. for each $1,000 of First Mortgage Bonds repre
sented thereby until the close of business on September 6, 1916.
The penalty of ?10. per each $1,000 of bonds is intended to rep
resent interest on the payments required under the Plan.
Holders of undeposited First Mortgage Bonds may deposit
the same under the Plan, receiving certificates of deposit therefor
until the close of business on September 6, 1916, but only upon
making payment at the time of such deposit of $310. for each
$1,000 of First Mortgage Bonds.
The holders of the few certificates of deposit outstanding bear
ing notation showing the payment of some, but not all of the in
stalments payable in respect of the bonds represented thereby,
may, until the close of business on September 6, 1916, make pay
ment of such unpaid instalments, but only upon payment of a
penalty of $2.50 in respect of each $1,000 of Bonds represented
by such certificates of deposit.
Under the arrangements made with the underwriting syndi
cate, said syndicate will supply such part of the cash require
ments set forth in the Plan as shall not be furnished by holders
of certificates of deposit and will receive therefor the new securi
ties offered to bondholders tinder the Plan and not taken and
paid for by them. Before the consummation of the Plan it will
be necessary to obtain from said syndicate the cash it is obligated
to supply and to deliver to it the new securities to which it will
thereby become entitled. Thereafter it will be impossible on any
terms to receive further deposits of First Mortgage Bonds or to
permit holders of certificates of deposit to make payments under
the Plan.
Under the Plan only holders of certificates of deposit issued
thereunder cr subject thereto bearing notation showing payment
in full of all amounts required by the Plan are entitled to receive
new securities under the Plan or to obtain any rights or benefits
thereunder. The failure to pay in full all amounts required by
the Plan within the period fixed shall forfeit all rights and
interests of such defaulting holder of a certificate of deposit in
the bonds or certificates represented by his certificate of deposit
or the avails thereof and in all previous instalments paid,
AH payments and deposits must be made to and with Central
Trust Company of New York, the Depositary under the Plan,
at its office, 54 Wall Street, New York City,
Dated, New York, August 21, 1916.
J. N. WALLACE, Chairman, CLARENCE L. HARPER,
GORDON ABBOTT,
HARRY BRONNER,
JAS. C. CHAPLIN,
HALEY .F1SK.1S,
Reorganization Committee.
WM. R. NICHOLSON,
K1UHAKU JiUTKO.
MEIGHS H. WHAPLES,
asa a. winui
HEAL ESTATE SOB SALE
REAL ESTATE EOA SALE
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