iwi'v- a vrtfyiQrf iimmrt,$,f ) Bi EVENING LEDGER-PHILADELPHIA, WEDNESDAY, AUGUST 30, 1916. FINANCIAL NEWS' POSSIBLE STRIKE AND SHORTER WAR FAIL TO UNSETTLE BIG HOLDINGS garly Losses of Around One Point -Due Largely to Bear itaias otuuna ivucover jjater JNew Top Marks for Marine Issues . Hlgti Points in Today's Financial News Dividends on common stock restmed by American Locomotive Company, 1 14 per cent being declared, the first disbursement since 1008. E. I. du) pent de Nemours & Co. declared a dividend of 1 1-2 per cent and 23 1-2 per etnt special, payable in cash and Anglo-French bonds. Todd Shipyards de clared initial quarterly dividend of Jl,75, Extra dividend declared by St. Joseph Lead- $2,500,000 mgold arrived in New York from Canada. Price of bar silver higher m New York and London. Wheat prices declined. Cotton started lower and then recovered, as did stocks in Wall Street. NEW YOIUC, Auk. 30. Confidence was bo strongly Intrenched In the minds of security holdem tndnv that even tiio prospective railroad strike and the possible shortening of tho Euro pean war so far failed to substantially unsettle Important speculative lines of Investment holdings. Thero was commission house liquidation by somo who had become nervous Over tho situation and who could seo no escape from a strlko, but tho declines xyhlch occurred In the market wcro duo more to aggressive bear raiding than to prfl9SUrO Ol any iuiih uiutjrt. It was commented on that actual holders did not want to sell their securities. and the manner In which offerings of stocks wero taken at the moderate con cessions was regarded as Indicating surprising strength. Losses of around 1 point were sustained In many stocks In tho early dealings. tut thero were demonstrations of strength In various groups, with Marino pre ferred advancing 4 pqlnts to tho now high record of 104, and tho common stock letting at the now high record of 43i. Reading was also In good demand all through the day, although when oppor tunities wcro presented tho stock was ofTercd at concessions by some of tho gggrcsslvo bear tradors. In tho lato dealings thero was renewed selling of tho .general list, when some Issues yielded to a new low level fqr tho day, but tho vol ume of business was not largo and tho declines In themselves are without ; ,'jmportance. Initial Dividend of $1.75 for Todd Shipyards NEW YORK, Aug. 30. The Todd Shipyards Corporation has declared an 'Initial quarterly dividend of $1.75 a share, payable September 30 to stock of f record September 20. There are 85,600 shares outstanding of no par value. Net .'earnings for tho quarter to end August 31 are estimated to bo In excess of $750,000, fipr nrovldlng for all Interest and sinking fund payments. Including tho interest and sinking fund on tho 5-year G per cent notes. ' ' St. Joseph Lead Co. Declares Extra Dividend ' NEW YORK, Aug. 30. Tho St. Joaoph Load Company has declared a dls trlbutlon of 60 'cents a share from the reserves for amortization, In addition to tho reiular quarterly dividend of 25 cents a share, payable September 20 to stock of record September 9. $2,500,000 in Gold Arrives From Canada vp.w vnnK. Auir. 30. Thoro was received at tho Assav Ofllco this mornlnc 'J,600,000 la gold from Canada tor tho account of J. P. Morgan & Co. . c Du Pont Do tfemours Declares 2V2 Per Cent Special Dividend WILMINGTON, Aug. 30. Tho E. I. du Pont do Nemours & Co. today declared a dividend of 1' per cent on Its common stock and a special dividend of 23 Mr cent on the same stock, payable 5 per cent In cash and 19 per cent In JUriglo-French bonds at 97, on September 15 to stock of record August 31. It ialso declared a regular uiviucna on us ueuemure siocit oi ift per ccni. mo iu. i. 5'du Pont de Nemours Company declared 1 per cent on tho preferred and 1 'per cent on tho common. American Locomotive Resumes Common Dividend NEW YORK, Aug. 30. Tho American Locomotlvo declared a dividend of 1H per cent on tho common stock, payable September 28 to stock of record September 18. This is tho first dividend declared on tho common stock slnco 1908. Tho divi dend was announced as quarterly. GENERAL FACTORS INFLUENCE CURB Bailroad Unscttlement and 'En trance of Rumania Into War Restrict Trading NEW YORK, Aug. 30. Trading on the curb was again Influenced by tho general factarp of railroad unsettlemcnt and the nevr conditions created by the entrance of Bumitpla lntq, the. European war. . Belief that bbtri these factors would exert an In fluence against higher prices restricted trading eyon In specialties and at the same tlmo Induced a moderate amount of liquidation. The action of .the Drlggs-Seabury di rectors In passing the dividend on the com mon stock yesterday caused a decline In that issue of 0 points and did not help the epeculatlvo position pf other war-order stocks. Poole Engineering Bold at 95 tp 90 and losses were sustained In nearly all tho Issues traded In. MIdvale Steel reflected llquldatlbn because of assertions that divi dend action will not be taken until Decem ber, and sold down from 62 to 61 . Aetna Explosives yielded from 11 to 11 U, and Submarine sold at 33 . There was a firmer tone to tho motor ttocka, with Chevrolet, after declining from 115 to 182. moving up to 190. United Mo torsfell from 68 to 87 and Peerless sold at'2l to 24. The olf stocks were riu.et and renerally lower, with .Sinclair declining from UK to 39. .Metropolitan Petroleum opened at U and rallied to 14. The mining stocks were quiet and showed little change In prices. Authorized state ments were made that Rex Consolidated will begin shipments of ore at a rate of 100 tons per day aliou(, September IS, INDUSTRIALS. , , Hid. Asked, Altai Emln.lv.. im 11 Am lint jife ........ 12 so. k4m lr..uni ................... ,, 1 1 Canadian Car (!n 40 SO sn Car A Fdy pref . 7t 15 -wroii uoior tS?fil" -Aeroplane. . Prtrrs,3eab .- hmtraon Phonograph Kathodlon Urania prof, .... .... . ...... ttaxlm Mutilllnns Manhattan Trana Otis Eieyator ..,, Kofi P,50l0r ' ' &Srffior gSJ3Bnini-:j;::::::':; , u o u and II com World Film ,.,,,,,,,.,., STANDARD OIL. t Illinois .... j ' Ohio ' '""'" ' ' ' ; iriVv." .r,P 1 W J New York Bond Sales Hlsh. flOOO.AIas O 31 Co (la Ser A .1 muu ao cv us Her u.... kh 1001) Amer Acr dob 3a.... II7K 11 looon Anslo-Fr n vi 1UUU0U Amer For Sec Ho 08 loixia Amer Smelt aec 0s..li)H HiiOCI Amer Tel clt 4 Ul'i 1000 Armor Co 4H U.IH 1101)0 Atchlaon Ken 4a .... 92 12000 do adj 4 S3. 11000 do cv 4a 1035 lOJ :il)0D do cv 4a ltitW lo.l . 1000 Atlan C It clt 4s.... 83 Vj 2000 Ualt & Ohio 3 Ha .. U2S 4000 do .'.a ...llM4 HOOU ijo 4s U0 1250O do rv 4Ua 1)1 U0OU n&O I LE4WV 4a., 86 2000 lleth Mteel rfd 5s ...100U 1IIO0I) llrook Rap Tr 5a 1018 loo auuo jan uov os iu.o.... uv.t hOOD ' do 10B1 ooz 11000 Cent Leather 1st 5a.. 10-.' to loa m 7HOOO Ohea it Ohio conv 8a.. l2ji II2U 13000 Chi II & O Joint 4s... U7t ti7!i ouoo uni n a t i' rra 4ns u-'f 4000 do Ben 4s v,... SOJi 24000 do conv fia 100). 4000 Chi R I & V rfd 4s... 71U 30000 do Ba two atu 60 18000 do 4s 824 2000 Clev Sh Line 4 W a..., 100 5000 Chic Un Hta 4Ms.... t0. 8000 Vim Recur Corp 6s.... douu tine conv L'000 Uen Lire 13011(1 Hurt A Man jnon in KtMl rich 20000 Indiana Nteel 0a ....102S l 1000 111 Central rfd 4s ... 80H 8U 100O Interb Met 4 Ha .... 73. 73 4000 Interb R T rer Bs.... U7 1HOOOO Inter Mer Mar ct 4 4s 10H Minnn An .w I t.a ....... 117 "booo Inter Nuv Cs, 108 108 11000 Japan new G 8 4H,. 81 5000 Kan City Ho 5s 8UU 30000 Loula i Naan 4s. , . . 04 15000 Manhattan ata 4s... Sti nnnn fn Kan A T 1st 4a... 74 1000 Mo I'ac w i 4a....,,, Ofu 7000 do col ss juit truar ct 2d sta '.. .. 04H 20000 do fta 1U83 w 1 .... U2H 8000 Mont Power Sa OJh 14000 Nat Tube 8s lot 87000 N Y O A II Os .,,,. 111J4 u Low. Close. 83 83 87 87 07i D7H 11.1 U5V 08 08 108 108 Ultt OIK l n 11.1 y m u lO'l lil.l 83U U2, I'll .. 00, in u 85H 100 mil vvy, uuy, 02 80 ?.?. 50 82 100 ooh '". 10 J lirl 83W 1(2 00 III 'I looH 00 00 mi- 8?8 02 0 K 100 71 Ml 82 100 9U Vi la 4a ser li.... 72H 72V4 72H deb 8s. ,,.,,103 lOltk lU.it m in 6s:.... 27W 27H 27M deb 4Ha.... 1)1 J UIH UlS 3 'IBB 81 8VH 101 04 811 10000 NYC II 4tts uuy 1 do 4 Vis 2 04 02H U7? ,nI.. 111 u- 102 S h'JH 73 108 81 8U 1UIK iri DU 74 04 04 02VS DIM Hit 111 V. do 4Ha do 4i ild .4 Via 5000 do 4i '00l N I i II 1003 ..... lOSVi 1003 108 a 'May 1D3T. .lUKH a it cv as. ju & B3 . Cal 1 B 0 NT 4ln oil ..I.MM" ...,.,2H OTHER OIL 8TOCKS, I44 i Midwest !?'. iS 82 v r-. Wl MINING STOCKS. 3r NatioVii ::;::;::::::::;::: IJe puna 14 m But er ;.i!.,r...... 8 JUtnu. IT Hcttiniey Darrah ..;...;, f;ma, copper , 8aS Toy ' ''"" wwu'oa'kr?.;::;:::::::;::::: ISM iiKU B DONPS, SlU.lan Wa- 60 "1 ..101 OH '58 8U 5 3-32 6 M 63 fEW YOBS BUTTER AND J$GGS NSW TORK. Aur. SO. BUTTER Receipts. M.B4J. raV tradS wh lUbtUr .firmer mar Si! "" top aradeih Extra creamery, 3-V W ?k- Wahir Korln. SK03c. otier Lf?03 Rlpta. IT 844 Prlcta, blxbar and JiBf atron- In face of llabt aappldua to to- Sa?aV.JMBll--VStt.A?.-Vit? 11"" ors BDvaivi w.i w7Ti v I t, wbwb caxa, uBseaoaea. mi vv. - i HOnn .In fla IIOOO N Y Rwy adj 6s ,, 1.000 N V Tel Ben IVia , 5000 Norf Writ 4s .. J3000 Nor Pac prior 4a ,, 3000 Paclfla Tel 3s , ... 1000 Penna 4s 1048...,,, 6000 do sen ct His... 20000 do en 4(is....... 2000 Readlna" cen 4a .... fi.in llMnnl, liiha ni 11101. 2UOII Rep Iran sa... ;.,,. u; ii;i BOOO St L S F als w I.,. 8.1V, 83 1000 do rid ct sta 4s,,,,' 72 72 5ooif) rto aen ct s. , , i' iij 7il 00 80 H','? 112 67V, . 07 . 0?H 01 100 . till vv I1114 101U ,11'iTa , 05 , Oil's iua-. ion 108 70 112 67 07 Si'vj 1IH) i 1000 N Y City -la 1031)..,. luo-j inuy iuoij if" iAm tftotl mull InulT inn ifiii 'I? iV.2lf ! i.. i Kl.-V IU0-4 70 07 1000 II 000 1000 33000 03S 0 H do Ser A w I liinu ao per a " i ,. " 1000 St Louis Swn 1st 4s, . 70 A8 1000 Seaboard A L rfd 4a, is. nnn Hmith Pao cv 2i0U0 do cv ret f p Bs 80 I)1U 100 00 101 104 05 00 08 83 72 76 00 8(ltt 103 it iZ uoVj im 78 78 'V i"')k s....lll.lh 15000 Sohth Rwy aen 4s.,,, 71 auuu lenn w c-i ..,, 1001) Texas Pac 1st Bs,,, li 1000 Third Ave adl Bs. . . .. TVi 1000 Tol St L XV 4s 1030. .65 8000 U S StMl a I Bs.,,,,, 103 1000 Union Pac 1st 4s,,.,, BQ 11000 Un Rwys a f 4i....... 34 400H Va Car Chm lat Bs,,, 1)7 J2000 Va Rwy Bs... .,,,,,,, 0R oiiuii nauiii ... . ;,;, 2000 W U M cv 6a notes.100, 100 FOREIGN TRADE INCREASES WA8MINOTON. ,Aus. JO Tho preliminary ...... lha lAlal value at llnltvd States ex. (or July and for 10.1 111.71 IMIT. 33 3.1 1)7 07 08 08 103 in.iv 100 ports ana imparls lor juiy u ur aaveii inontba compare with the flaurea (or the previous year aa louovra i,w v....,mi and Imports illov merchandise:, 1010. v... S182.T22 401.824 262,838 July Imports ., Exports'. js!. Excess of export!,,, ASeVen months- Imports ' Exports Excess of exports OOLP EXCLUSIVE OP onE. juiy 1018. ImportT 162.107 Exports a sos Excisi of exports. ..... 'J2.7I2 evea nwn'w Irunorta Kxporta . .: Eiceis pf exporta. 0r ,rcu wi It. 407.810 2,02.2S) 1.438.401 I240.A88 T 7S.K01 IT8.283 SILVER EXCLUBJVB OP ORB. 1015. 1143.244 i'0S.4S 123,223 11,000,034 J. 870,277 001.222 1013. 117.282 2.101 13.071 1162,187 0 174 152.4i3 July Importa Kxvo'la , Exceaa of axporta.... Sevan months Importa Exports uxcess of axporta. . . . ''Excess o( Importa, 1010. 12.425 4.3I 1.0.19 (17.83T 33,878 1T.44Q 1015. 13.002 8.833 082 118.744 ., 28,814 lO.pTO Philadelphia Commercial Markets on Page 6 a i. , ' ' New York Stotk Sales Laat cloae. Itlnh. Adams Einress 130 13 i AJa nubnet .... OS GrtH iaa j 01. Al.,,,,1 ( Hi M34K.1 w 'I i M. , l3H I.Sb Al'IsChttmenMfc.tiM 23 23 Alll Onaimer Ml o... .8H "B Am At Chcmlca ..i ?il 70 Vm UMtSofat.. ....... i cO'l O'f Am Can...... mi COW Am Can pi.. 112 ll:W Am Car & F.ly.. ...... )l 01 Am Hide & Leather.... vM I'M Am lllilf ft L v 52 ol'i Am Ire Sccjrlios i 28 2iH Am Llnscod. ............ 21 21h Am LlnsceJ pf.. ........ 47 40!i m locomot-Tf.. ..,... 75 7W Am LocomottTfl pf .105 105 Am Malt Corporation... 7H 7 Am hiilln .. ., Il7tr Vl7tl Am 8mcltlr.il & It pf....U2 112?f 1W( U?K AmSmeltptn .85 85M 8o Am hfeel Koundf.es &l t3l 51 Am -Sucat Kcflnlni 110 USH 10.) An If) l. lHO'f 131 Am Tnh.irni 221 220 Am Tnh nf n .lllRll 1H 10S AmVooen..r. 44U 45 '4i Am Zinc L ft Hm 3,tl 33W 31a Am Zinc I. ft Sm pf.... 001 UK (Hi Anaconda Cop M s5 S4H V3M Auwlaln.l nil 7.1 fll. 07 Atch lop..S K 1025. 1024 IU2J, 102J, Atch I li ' V p. 9HH "ii 8H SH All Coast Line Ill 113 113 113 All lull. A vV I ?14 71' 08, 1 Maid lco Work 77)i 7 tit -0W 7nU llald Ixko Works pfd...l04Ji lOHn 1011 10l lJW. 13 CO K I2J4- 22-4 in 75 0 -S)x 112 1)1 03i 28 20;i 47 74!f 101 7 OU Cldse. 135 C0l$ i't 3 22i 18 75't om oj. 113! 01 w MM .' 21H 40 74H 105 7 0 il 85 100H ll!05 13 ' 220 220 UlS 4'i Ml 07 Halt & Ohio H Halt & Ohio pf 73it Hum tiros.... iSil tluttc & Superior flOvn IluttcrlckCo 2SU Cal Petroleum .......... 18 Cal Petroleum pf 4b1 Canadlai. Pacific Central Leather Chandler Motor 103 Ches ftOhlo tilM CM Great West pf 35 Chi Mli' ,M I'aul U.i Chi Mil & St Paul pf. ..127 Chi 11 I ftl'acli'c 17h Chile Copper 20 Chlno Copper 51H Cluett I'eabody & Co... 71.M Col Fue a; Iron 17 H Continental Can VOH Ccrn Products Ref 14)1 Crucible htco 76l Crucible Steel pf. Cuban-Am Suear. Cuba Ca'ieauuar o3ii Cuba cane: sugarpf IMH Diamond Match 110 Distill sec corporation. . 45 Dome Mlno 24 Electric Storasa Hat... CO Krlo Crle 1st tit General Klcctrlc General Motors Uencru. Motors pi... Goodrich II K Great Northern pf. . (l N cts for ore prop.... Mil Clrecne-Cananca 40 1 4h 72 li 1BH 02 20 1H 1514 o 73 70H 04 a 2J I8W 40 .177 177H 177 . 55M 65M 551, KM 00M 35K 91 ii 120 mi 20 51U 70 47 07H Uii 76 103 00 35), 113 120 17 20 mn 70 iow Ii7) 14 74 4!i 73 70 03)t 20 Ml 45 177 oSX 103 110 35), U.l 120 17)4 20 lil 70 40M 07)1 14 4 117K 117H lUii nm 14 2J0 230JJ 230), 51 6.1 'J ,)4 )MM 04), 04 11J 110 110 44U 44H Hit 21W ' 24 24) 03 C3 03 Mil 30 30) f.2" 52)4 C2M 170) 180H 109H 10'Di .675 675)i 537 575x .122 12 m 122 121 , 71 72W 71U 715f 117J4 117 1H.H HtlH 37 Mil 30vj 4JH 4'i)i -rH you 5if Gulf Slates Seecl 75 73'. Tiil Illinois central lOlli 101K 101 Insp Con Cop 65) 65H 54K Int Agricultural 13 11 11 Int Aerlculturai pf 41 4H 40H IntllarvN J pf 118H 118H 118 Int Paper 15h 'j 1 Int Paper pr Jl)i "1 70M Int Nickel v t cfs 40 4I.K 40M Int M M c of up mi 43 W 39!t .Int M M pfc ol Jp,...10lH 104)i 10J 4 CloweiTea 01!i 01 DO Kan City Southern 24'f 24H 24)4 Kelly sprlni Tiro 70-4 77, uji Kennecott Copper 404 Ijck Necl 5)i Ulco Erlo ft West 20 Uf Itubboi 1'iri 45 Lehleh Valley 7il Loose-Wiles Biscuit 10 Lorlllartl P Co pf Louis ft Nash 40), 75 19H 47 '9. 10 75 101 45 7S 10'f r3 101 5 11 1"K 118 mi 70)4 40J, 42K 03H 0) 21V 70 'I 4J 75, 19)5 454 7r)f 10'4 ,ii3 118M rsw ma 129h UU, 129), 12 i, Maiwell Motors 81K 83 ! Maxwell Motors 1st pf.. SOU 85H 85), Maiwell Motors 2d pf. .. 50 5".), 51H Mcairaii Petroleum 102H 10)1 102 Miami Copper... Mlssour. Pacillc M Pac tr cfs Mc Kan & Texas Minn St 1 & SS M... Montana Power Nat Cloak ft Suit Nat Enam ft & Co Nev con Cop 1 New York A.r Urake. 82)i 80), 5)1 102), MX 3W 33, 3K 34M 34h 34 . 'Jit 3 3)4 . UH Sit 33. . 3SI 3M 3)( .122K 1223, 122)i 12i3, . 02 uln UlJi ulH . 753. 701, 7HU 75K . 24H 24), 2.)H 23 . . 19), 10 18b IS), .136H 1303, VMi 130! S New York Contrai 1WH 103 102n 103 N Y N II ft II 69 6SH 6)4 58W Norfolk ft Western. ....J20 12.)j 12fi)i 129)5 Northern Pacific .110 110 27J, 39H 27 284 52 11,9), 10l)i 253, 553, 3 20 28H 2Ji 'iSll 39) 20 2SW Si Pacific Mail 20H Penna llallroad 65H Philadelphia Co 39;,' Pitta Coal c of dp 283 Pitts Coal Co N J 29 tressed Stetl Qir Cn ... 52V Pressed SCar Co pf 101 H.lSf 101)i 10134 Pub a Corporallo N J . 131), 130 130 130 Hv ftleo. ap Co , 46'1 i0 45 1 4i3i Haj Con Ccppe. 24)f 24), 24U 21, Iteadlnc 1041, lOlH I0.IK 10iH Rcadine2dpf 46 45) j 45V5 45)i nepiihlic Iron & a 52K 52 ol)4 lu Itepubllc Iron &Spf..,U3S 113H 11314 113H bears Hoe ft Co 2(Uh 215 205 Ll)5 Shat Aril Copper 29 28"i ?7)f 2h southern Pacific........ ll!S l)7( 7 U7M Soulhern lit 23W 23). 2.1 23 Squthcrn Ky pf 08H OS 07)4 07)4 atudebakcr Co... 122)f 1243. 122Ji 124H Tcnn Copper 21 21 23, 2334 Texas Co 104 192 191 191 Texas Pacific 12)4" 11)5 02W 40 97M b 40 99)i 100M 10-1 IfrW ...140 140). . . 103,' 1W ... 53 62 .. 110)1 HUH 100 0), li'i f)l 03W .40 0735 8 40 .100)4 11)4 02 40 97)5 8 40 (O'S 11H 02)i 40 07)5 S 40 093i Third Avenue. . Irbacm Products... T In City ItT Union Das ft Paper. . Union liat- ft 1' ol.. United Clt:ar Stores. . United CMfrs pf 103 United Fruit Union Pacific U aOi P ft If.,., V S U I P ft P pf. U a nd Alcohol. . . IlnltM Rvs Inv Co U a lluotwi 60)7 673X 50 60)5 U a Ilubber 1st pi HI 111)' 11035 IUU USSmltftM 70)5 091 0-.il C8, U 8 Steel Corp'n 00 OH 61, 'Jl U S Steo. Corp'o pf U8 117)4 117)1 117 UUh Copper 82)5 82 81H S1H Utah Securities.... 17)5 163f H3i UW Va Caro Chem 41)5 1003 100M 103 103 130)5 140 1 35 19)5 52 .)2 HI 8U Wabash. 3W pi A 49)( Wabash Wabash pi 11. r. 27 Weal K ft M 6815 Wbee ft Lake Erie 4)5 Willys Ovenand 40 WIUvs Oterland pf 101H 104 Wisconsin Central ,...,,.. 49H 40 Woc4ortfl P W, ,..,., 130) 130 Wortnlngton Pump.,,,, b235 31)5 40H 1335 49)5 20)4 6SH .431 40)i 30)5 13)5 1W5 20), 5b)5 4)i 15)5 101 48'i 130 31)i 0)5 13)1 i5 20)5 o35 4)t 15)5 104 49 130 31)4 Former New. Haven Officers Sued NEW YORK. AuT. 30. Five stockholder of the New York, New Haven and Hartford llallroad Company this afternoon instituted a liability and restitution suit against the estate of Jt P. Morgan and former officers and directors of the company, Including "Wlllam Rockefeller and Charles S. Mellen, asking; for mora than 160.000,000. The complainants are Edward Adams, Julius C. Morse, George C. Flak, James F. Ray and Mary Clark, all of Massachusetts, who hold bonds to the amount of 1,250,000. LIVE STOCK QUOTATIONS CHICAGO. Au. SO. Union Stock Yard, hog receipts, 'JS.OOOnnarli.t for ooJ. a Irons) otbers wk. Mixed and butchers. I10.204M1 -JO. sood htavy. J10.70UH1.1B; rouab heavy. 1 10. 10 108O; nW iio.sasin.-.'o; pUs. JS.7iOP.UUj bulk IIU.40O 11.10. CATfUK Hectlpla. 13.000 head: market steady to strong. Beeves, JU.13WI0.S3. cows and heifers. JS.ISOP.'.'S. stockers and feeders. IS.2307.TS! Texans. J8.SQW8.-10: citlvef, J10.C0 0 VJ SHEEP IlecelpU. 20.000 brad: market steady. Native and western, Jl.30U7.03; lambs, 189 10.75. 11 sji . , 1 sa,. 1 ,w, m Spot WKeat Firm at Liverpool ' LIVERPOOL. Aujr. JO.-rSpot wljeat was firm today, with No. 2 hard winter quoted at 14a 2d and No. Z red winter at 14s id. unchanged; NoT i Northern Manitoba Ha Id, a sain of dj No 2 Northern Jlanltoba 14s 3d and choice white Karrachl 14s 7d. Corn was firm, with American mixed fed higher, at 10s JVsdi white Plate, was un- changed, at Us 7d. Flour wax ucchauxed. at BZs, RAILROAD TROUBLE MAKES WHEAT WEAK Traders Fear Strike Cannot Be Averted, and Selling Move ment Cuts Prices (JIIA1V nm.T WKATIIKR FOItKCAST CHtCAnn, Aim, 80. The wenllier fore enat for S6 hoiira follownl .... , , Illinois (lenernllr fair (onlalit nmt to morrow, filthily wnrmfr lomorrow, ,. Sllanonrl (itntrnllj- fair tonltht nnd nroh 'fthly tomnrroiv, nllitMly warmer tomorrow nml nortliet lonlaht. . , , , . lllaronaln llfnfrnllr fair nnrl- domfwhnt warmer tontrhtt tomorrow partly rloiidy, prolmhlr unatttleil north, warmer east nnd .tlln'nranta (Irnernlly fair lonlrht nmt to morrow, except probnhlr iinaettlfd. north to nlthti nnrmrr tonlitht nml aottthwext to morrow, rooler nortlinect. . . . , lonn rartlr rloiidy fonlalit nml lomor row, rontpffhnt warmer tonleht northeaat nn renirui nrn .ami .a., m.,.1 .n..(l. .Amnvrn.v. nHh IliLn... r:An....llv frtlr tnnlelit ftnn tomorrow, rooler tomorrow In entreme nortli weat tnnlulit, ... , Hotitli Dakota (lenrrnllr fnlr, lonlaht nnrl tomorrow, Hnrmer tonlrlit northneat, cooler tomorrow north nml .wejt, .... , , Nelininkii (.fiirrullv fair ionlalit nnl to morrow, not much clinnre In jemwrsttiirt. niinana 1'nrtly rlouily nnd nollly. Un settled InnlKht, tomorrow Ktnrrully fnlr, warmer eaat nnd south. CH1CAOO. Aub. 30. Whent Imd nnothcr sharp drop today nntl, nlthough prices nt one time wero 140 to 'Ac nliovo yentordny's close, tho nnnl flrjurcs showed losses of 4 Ho to 4?ic hut they were n point or more above tho lowcRt of tho day. Virtually tho only Influence was the rnltroad strike situation, which necmed to affect sentiment more thnn nt nny previous time. The sclllnn wns general, led by com mission houses. Although rumors of n postponement of 30 days beforo the bcRlnnlnK of the strlko caused n xpnsmodlc demand, tho lnrgo buy ers seemed to ba holding oft. Receipts In tho Northwest continued llh crnl nnd weather conditions wcro favorable for threshing. At times during tho session tho largo local operators took a hand In tho buying side, but tholr activities generally came when thero was a break In values. Only small fractional losses were re corded by corn, although tho market was of a nervoUH character. Oats were weak and at tho end showed losses of to lWc I.eadlnc futures ranged aa follows: icsicruiiy Wheat Open. Illih. September .. 1.42U 1.4SH December .. MM 1.47 .May 1.10 1.4l1a ,n.n ,A... ilnll.npvl T.nw. rMna. ctnqe. l.ai ' l.soH l.iaH l.llji 1.42H 1.47, 1.4.1(5 !. tl.4l) Heptembcr December ( May Oats September December , May I.ard September Octolwr . . December nibs September October . . January . Pork September October . . December 73 i 70& $ 47 Hll 77U 4-.H ulU Rrt 7!! -r, 4lti 40 8SJ4 7ll'i C0H tK5 7.1 t7UT( 44i t47. tSlVi ..13.R7 . .1n.n1: . ,13.h: .A1.2B .M.I.PO . .12.80 ..27.17 .211.112 23 SO Did. tAsked. 13.1)7 14.02 13.07 14.37 14.10 27. .'." 211.11) 23. D2 13.82 13.BT 13,87 U.H7 113.H2 1S.P2 13,32 13.33 1.I.A7 11.25 '14.32 14.27 ll.ou tl4.ua M3 no 12,85 12.80 27.15 127.45 211.03 211.115 23.42 123.30 '27.40 2H.00 23.DO COTTON ADVANCES AFTER BAD START New Buyers Quickly Absorb Supply and Early Loss Is Soon Recovered COTTON IlEIvr lVIUTHEIt NT.W YORK. Aur. 30 Precipitation wns reported alone the Uulf htntea of the cotton belt thin mnrnlna. Temperntiirei ranred rThe follifwlnif temperatures were reported: Nashville. OOl Aahevllle. Ht MemnhN. itiilelih .mil Allnntn. llOi Oklabomi;. 1 ort Hmlth. Mltlo Ilock. Chnttanooaa nnd Knox llle. Ct Aujtusta. HnTannnh.Mllmlnr.ton 11ml Illrmlnahnm, 70i ThomnaTllle. -'-ton. hhreieport, Han Antonio. I)jl lllo. Mcka imrc? .Miicon nnd MontBomery.. 71 nmrm. Mobile nnd l'cnancola, 70i New Orleans. t'omiiK Chrlstl nnd Jackaonxllle. 78i (lalves- ,0Th??e was .01 Inch tt precipitation nt Aahevlllet .02 nt renaarolai .M "f.1. R' nnd Thomnavlllei .10 nt Mobile I . Tnmpnl .28 lit Jnckonlllei .3 nt Jlont aoincryi .) ut Atlnntyi .34 nt Aunistui 704 it New flrlennsi .24 at Italelshi .80 ut IharleHtoni .SS at .Snannnhi 2.30 ut Corpus Chrlstl. and 3.00 nt Han Antonio. NEW YOnK, Aug. 30. In tho face of bullish private condition figures the cotton market this morning had nn Irregular open from from 1 point higher to 13 lower, being generally lower thnn last night. Tho reason assigned wns unloading be fore the bureau report, participated In by Wall street, uptown Interests and commis sion houses. The supply was so well absorbed by new buyers, however, that soon after the open ing most of tho loss had been regained, and at 10:20 o'clock tho market was only a few points under last night's close on active months. Todny's reports Included the Journal of Commerce. G4.3 ; Giles, 64.7, nnd National dinners, rumored at 62.7. There was rain In southern Texas and cool weather in Oklahoma, with Bhowcrs also In parts of tho eastern belt. Tho market showed nervousness and Ir regularity during the morning, but the fluctuations wcro not as wide as they were earlier In the week, while spurts of activity were followed by. porlods of comparatively quiet trading. In a general way, however, the tone was fairly steady, and after the early declines prices rall.ed to about last night's closing figures on tho more active months, while October sold four points higher- Liverpool wan n good buyer of the near positions, and on the advances there was ev.dently further realizing for over tomorrow's Government report. The show ers reported In the eastern belt were con sidered favorable, but thero was some divi sion of opinion as to the effect of the showers reported In southwest Texas, and some uneasiness was caused by reports of tropical disturbance near Jamaica. A can vass of 64 members of the Cotton Exchange, as to the showing of tomorrow's Government report, averaged 63.3 per cent. Yea final,, fined. 11 u..m. 12 m. 2 P.m. in. IIS in ill) 1.1.11. la.iu ju.ni ia..a id..- i,..,, io.i. 13.77 15. M) 15.83 15.71) 15 DO 15.1)3 15.95 13.30 111.07 10.08 1S.07 10. Ul! October . December January March . . May July .... Spot .... 15.80 13.86 15. UK 10.13 10.05 13.73 Liverpool Cotton LIVFnPOOU Aug 30. Spot cotton was unsettled today at 6 points decline on the basis of 9 52d for mlduplands. The sales were 6000 bales. Including 4000 bales Amer ican, The receipts were 1000 bales, none American. Tho market for futures closed tjulet and steudy nt a net advance of 708 points. Cotton Buyers and Sellers NEW YORK, Aug. 30. October SIo Fadden, Freeman. Sellar. 1 licks, Itosen berg and II. Hubbard bid; Oeran. Fllnn, II, Hubbard, T. T edenberg, Schill, Rlor dan offered. December Deardsley. Mitchell, Rosen berg. Lowensteln. Wilson and Newman bid j Hagedorn, Brooks, Moulson, Hartcorne and Schill offered. January--Glfford. Sellar, Parrott, Free man and Lowensteln bid; Morrison, Hage dorn, Hentz, Shutt, Watklns, Marsh and Rountrea offered. March Downs, Hagedorn, Sellars, Wil son and Watklns bid; Schanz, Hentz and Jay offered. May Rosenberg. Lowensteln, Bartlett, SchIK and Smith bid : Ilagedorn, McEnany, Brooks and Schull offered. July Sellar and Hentz bid; Schill and W. Gumocns offered. DIVIDEND NOTICES TUK AMERICAN OAK COMPANY C.V31UEN, N. J. Auxust IS. 1B18. uarterly dividend of 2. or M.00 per share, leen declared on the capital stock of this Company, payaow pieiuoer ii, tsis, lo me stockholders of record at thre o'clock p. m.. iuzuat 1U, I""- Cnks lll be mallei Treasurer. A aw has be DIBECTOBY 0J ACCOUNTANTS Ceriuleii Public Accountant LAWBENCK B. BIIOWN 4 CO. 1419 BEAb E&TATS TBUST BUILDWa, f Sales In Philadelphia j Nel Illnh. I.nw. Cloy. clKte. 10 Am Smelt, ofl os nfl 875 Bldkoc pf 10114 101 W 104H ' 38 !) & S t C. 4Ti nTfc 11 00 Urlll J 0 3J 37 37 Vi 200 Klec Stor. . 0V4 0SV4 B V4 000 Erlo ... . 86 38 3(1 ISO Gen Asph. 80 29 21) V4 110 Int M M ct 43 41V4 43 2 1 Key Tel .. 13 13 IS JV4 1 do t o pf 08V4 3V4 '4 V4 10 Leh Nrv .. 73 in 73 M 24 Leh Vol .. 78 W "Vi 'W ai 07 h V Tr pfd 42 V5 42V4 42V6 230 Nev Cons. 10 IBtf. 10 4BO V It II 85 8SV4 W 30 Pa Knit M.IOO 100 100 310 PUT tr cfs 20 10?i ' 1014 100 Itwy Stl Sp 40 48 40 Va 003 Reading... lo I iy, 1034 104 1170 Tono Hoi 4 5-16 4 3-18 4 310 1-18 W 40 Tono Mln. 3 3 23 Union Trnc 44tfc 44 ,37 Unit O Im asr, 8B 4883 If H Steel OOtft Ot'A 143 Cramp fz S 78 77 23 York Rwy. 13 13 IIONDH. ltlern. Low. 83000 An-F 1. 6s O.iVi 03 Vi looo City 4s '46c.lt)l 101 200 do 1043,101 101 1000 Hnr 0 6s. 101 101 2000 K T 1st 68 08 06 3000 J F & C 4s OOVt 00 Vi 3000 Loh V cons 4V4H 200,1 00 00 3000 h V C 68.104V4 104 1000 P Co cs Dn.100 100 41000 Phlla El 4s 84 KiV, 18000 do Es ..104 101 2000 Read Rli 4s 03 OS 1000 W N Y & Pa gen 4s 8 4 84 Decrease. Increase. 44 88 00 V 77 2 1 13 Close. 03 V4 101 101 101 08 00 Net CllB". 00 101 100 81 104 03 81 1 Local Bid and Asked Duff and Suaq. tc . . rto pref Drill .1 O llaldwln , Klcilrlc (Storage . . , (Jenernl Asphalt .., do pref , , Kcjstono Tel do tr ctfs do pref Lake Hup Corp . . . , iHshlch Nav I-ehluh Val Lehigh Vnl Trnn . . , ilo pref I'ennsj Ivnnln I'hlln Hlectrlc rhllnilelphln Co ,.., do 5 per cent pr do 0 per cent pr I'hlln H T Ilcadlni; Ycaterdny'a Uld. Aaked. Today's Illd. Aakeil . . 4ii an , 4H r.o . . nil on 57 00 ,. Jtl 7lj4 77J4 77H . . (13 II.'. 4s II. M HUH , . 2HJ. 30 20 H 30 i , , ll lll)i Itllt llll ,. i3u H'4 1351 im ,. 134 14l 13i 14Vi , . as 1111 on 011 ,. 10 11 10U 11 70 711V. 21 An 7s4 21 43 S2tt nr, s r.is n.ijj 1'84 28 S8W 40 h :i'iu in (4 an 40H 11 Soli HitUS 103H 101M 104. FOREIGN EXCHANGE NEW YORK. Aug. 30. Tho fcattiro of tho foreign exchnngo mnrkct today has been tho continued strength in rubles, tho quota tion having ndvanced to 34 $4 as against a closing of 34 yesterday. This Is due di rectly to tho heavy transactions In tho Rus sian Internal GVas, of 1926. Thcso bonds less than 10 days ago wero offered nt tho prlco of D300 for each thou sand ruble bond, hut had advanced up to the closo yestcrdnylo $340. Tho heavy sup ply which was offered through a number of leading bankers and institutions at tho low prlco referred to was wholly absorbed within a few days and for tho last day or two thero has been considerable speculatlvo Interest both In tho bonds nnd In Petro grad exchange. Demand sterling was quoted at 4.75 and cables, 4.76 7-16. Franc checks wero C.89 and cables, 5.S8V4. and relchsmarks checks, 70, nnd cables, 70 13-16. Aside from the strength In rubles tho'market wns dull and Inactive. RATES FOR MONEY .. . ' Call... Tlnv New York z waft Philadelphia 4 Hoston 8 Chicago 8H Ol 4 Commercial paper. thre to all months, delphla, 4U 4H per cent. 2 3i 4MB5,, 4 Hi Phlla- , BANK CLEARINGS Bank clearlnas today compared with corre sponding; day last two years: 1018 1015 1014 rh!ladelphla..!37,l74,r,3n J30.777.03R 433,545.570 . tH.lllia.MTt '.42,J.ni)0 20.88!. 024 Itoaton New York St. Louis .41H.73H.BH7 342,442.'24U . IS.044,553 12,120.304 130.1 07. 2S0 NEW YORK COFFEE MARKET .NEW YORK, Aug. 30. Tho market for coffee futures opened 2 to 11 points lower. Trading on the call was only moderately active with sales of 4 GOO bags. Today's Yesterday's August ... September Octobor . . . November . December . January .. February March . . . . April .May Juno July opening". 0.2300.28 0.3309.35 6.'4'6e0.43 I).'43O0.50 close. 0 274P0.28 t).27fD 28 D.27W0.28 D.27l).28 I) 270.'JS 11.31 l).32 tl.a.100.30 ll.:llltfll.4ll n.448n.43 ll.40WO.50 0.540.55 1). 5800.39 BAR SILVER Bar silver today In London was quoted at 32d, an advance of 3-1 Bd. Commercial bar sliver In New York was quoted today at 67 Uc, an ndvanco of ,c. DIVIDENDS DECLARED Rleotrlo Properties Corporation, regular nuarterly of lA ner cent nn Dim tir,ru,..i stock, payable September 10 to stockholders of record August 31. .Montgomery Ward and Company, reualar nuarterly of 1. rjer rent nn th. nprn..n.i nn... able October 1 to stock of rc-.-rd September 20. Muckay Company, regular quarterly of 1 per cent on preferred stock nnd l'i per rent on common stock, pawtble October 2 to stock of record September 0. nan, ncnanner & Marx regular quarterly of 1 per cent on tha preferred stock. paabla September 3d lo holders of record September 20 A Financial War Map of Europe and Asia has just been prepared by us. This map gives the rela tive areas of the belligerent 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 Philadelphia New Tnrk Chicago Buffalo uamniore sri jew inm w II lloelon (.nnrinn, iliium i uiii iiuuuun.ire Bruc. Edward B.Smith & Co Establish P 1892 BANKERS lsmtiere Jfstc fork oaa PhtladtleHo Stock Jlzthanpe 1411 Uuistndt Snirx, fnn.4Dii.riiu go Pins Unin. Nsw Voia Crazier 6- Gx INVESTMENT BANKERS Broad and Sanson Sta. FINANCIAL DISTRICT Wi.TCH$ LAB0B SITUATION AND STOCK TRADING LAGS General Feeling is That a Strike Will Be Averted Toiio- pah Belmont Declares Usual Quarterly Dividend. Movements in Prices Are Narrow The financial district In this city totliy devoted the greater part of Its attention to the controveniy between the railroads nnd the employes, nnd therefore there was very llttlo business done on tho Philadelphia Stock Kxchnntre. "Whllo the Street ns a whole rewards the situation with more tim idity thnn heretofore, there Is nn underlying feeling Hint n strike will yet be averted, Announcement wns made of the declara Hon of tho rcKulnr quarterly dividend of 12U per cent on the etnok of the Tonopah Ilelmont Company. The dividend Is pay nlile October 2 to stockholders of record Kcptember 16. The company's stock made n Hiuall fractional response to the dividend. During the morning session on tho stock exchange shares of only 12 compnnles chnnged hands, nnd there were only five bond Issues to sell. Price movements were narrow and were unchanged to a Bmall fraction, under the last previous sale. The market hero simply followed tho trend of Xew ork. Mnit nctlvlty wns shown In Unltod States Steel common, nbout 3000 shares changing hands during the morning. After showing a loss of more than a point tho stock re rovered thft greater part bi the decline be fore rntildny. Philadelphia Itaptd Transit trust certificates were "unchanged at 20, as were Philadelphia Electric Is. which were the mont active In the bond division, more thnn $36,1)00 worth being sold, Nothing of Importance transpired In the nfternoon sessl6n, No Interest tfris taken In any Issue. Oeheral Asphalt eommon which Svis weak In tlie trading" yesterday, sold up ri half point' to 20, United das Improvement lost , nnd fractional losses were recorded In several athtt Issues. LOCAL MINING STOCKS TONOPAH STOCKS. Old. Asked Jim Jluller 81 .8(1 MnrNatnnra (1.1 ,WI Mldn-nr , , 18 ,80 Mlzpnh Extension .If) .20 Montnnn M .2(1 North Hlnr 14 .Ifi Tonopah llelmnnt 4H 4'i Tonopah Extension S r,i Tonopah Mlnlnff fi'-i OH Rescue Hula ,. ,Ti .2,1 West End T .81 , aoi.DPIKLD STOCKS. Atlanta ID .11 Illuo Hull 02 .03 llooth 12 .14 IIUlMoir m .02 COD 03 .01 '"omblnntlon Fraction 03 .00 Dlnmomineld II H (12 .03 Daisy 02 .04 Florence na .06 OoldOeld Consolidated 80 .82 (InldPalJ Merger 08 .00 Jumbo Extension 00 .B2 Kewnnas lo .11 Oro 04 .OS Hnndnlorm Kendall 0." .lis Hlhcr rick 17 ,lg MISCELLANEOUS. Arizona United 4S ,.60 Nevnda Hill 18 .20 Nevada Wonder 2.10 2.10 Tccopa Mining; 10 ,12 SECURITIES AT AUCTION The followlhg securities wero sold auctloh today' by flnrncs ft IjOfland: riTbCKfl, 40shr. franklin Trbt Co.lfcar $50... 20 shrs t;stAwissa itnuroan km. nteferredi par $00 ......i.. 04 hm, catawlnsa llallroad Co, preferred: par jap ., ,.. ...... 13 shr, fatawlssa nnllroad Co. second Dr 2 shr first first nt OStt 83 R2H preferred: par UO.ii.iujuiii 62 rs. Host Mahanoy rlallroad Co.! par hrsi. Mftio'll'lll VnA'pcduVlkfirHavin ttAllrnsd lo. ! tlAr. If.O,, ......... ., IS shrs. Mill Creek anJ Mln Hilt Navl' ration nnn naiirpnn.v.o. . .1. ...... n mUM aK.iviklll V, ,V rCkvlmllrtn and .. c.r. ....""'"., '-'"-i jv '-- - on 203 r liOO 411 1 shr. First National nank. I'hlladel- aw ration anfl HMlrontl. CO. .. i ...... . rs.'riehuylklll Valley, Navigation and rtalirosd Co. f nar IfiO.. . ,.,., , ... 0 shra, Hroad Street Bank! par 160,.,, l spr. nana or .-snrin an i stir. Central National SOU B7H EOVt I shra, iiroaa otreei uanai par ibu,,,, "" linnK oi .tnrin Anirncni par 9tw o central National iiansi par iiuu Money and Discount at London LONDON. Aug. 30. Monoy on call was 4H per cent today, unchanged. The rate of discount In the open market for short and threc-monthn bills was 514 p5 per cent todny, unchanged. phta: par SlOO.., ... .- 11 shra. Franklin National Drink; par $10O , . .I,,. ,,...,). fi.,.1. IS Shrs. reopie-s Trust uo.i par sou. . 17 shrs, Philadelphia Warehouse Co.! par 1100 .. i .,..,,...., .....j., B shrs. Atlsntln Cllr FJre Insurance Co, Atlantic Cltr, N, J.: par $loo 10 shrs, Clermantown (4th and 8th Sta.) Passenaer Railway Co. ......." KTshrs. Beeond and Third Streets Pns sener Itnll-ay Co. , ... .. ....... 1 ahr, Jtldae Avehue Passenger Hallway Cob i. .,.,,..., ,b 4 shrs. t)e tnn Hook and Bra Co,: par $100 . ,.,-.., 188 rlrhta to subscribe to It. K. Mulford Co, nt J.'.o: par.. 10 shrs. phlladelDhla Uourae preferred; par $2S . ,A -... ... i .. 4 shrs. Philadelphia Hourse common: par 'Jo $R0 120 2S0 105U 242 23T 81U BU 31 8 4 per 101 103K BONDS. $2000 LehUh Valley Railroad Co., reni. i irsi rnoriKAae, uoupon June and December. Due 104A. 2000 Lehlxti Vnlley llallroad Co.. 4 per cent. rirsi moriaaxe. jnieresi Juna nnd December. Ileglstered. Due 1D48 ,, 101H 1000 Northern Central Hallway Co., B per cent. Second general mort rase. Merles -n.- January ana juir. ijue lvo i ...,.. 1000 Lehlrh Coal and Narlcat on Co., 4 per cent.' "Fundlna; and lm srotement." coupons January nnd July. Due 1048 ........... 1000 Philadelphia and Ilendlnr Hallrond Co.. 4 per cent. Slnklnr fund. Gold. Coupons February and Au gust. Duo 1032. (Ouaranteed by I'nunaeipnin nna iienainx' vai and Iron Co. nnd neadlnjr Co.). A per' cent. First mortcace.' Coupons May and November. Du itioa BT SOH 82 International Mercantile Marine Company (International Navigation Corapaiy) NOTICE OF ABANDONMENT OF PLAN OF REORGANIZATION DATED AUGUST 3, 1915, AND OF THE ADOPTION OF A NEW PLAN To the Holders of Certificates of Deposit of Tha New York Trnst Company as Depositary and Its Agents, Issued under the certain Deposit Agreement, dated October 2, 1014, for Fonr and One-Half rer Cent. Mortgage and Collateral Trust Oold Ilonds of International Mercantile Marine Company) and Certificates of Deposit of tho Fidelity Trnst Company ns Depositary and Its Agents, Issued under the certain Deposit Agreement, dated November 12, 1014, for First Mortgage Sinking Fund Fire Per Cent. Oold Bonds at International Navigation Company (now International Mercantile Marine Company) and Certificates of Deposit of The New York Trnst Company aa Depositary and Its Agents, Issued nnder the certain nan and Agreement ot reor ganization, dated August 8, 1013, for preferred and common stock, or htorlc Trust Certificates In respect thereof, of International Mercantile Marine Company. All oisnld Deposited bonds. Stock, nnd Stock Trust Certificates are now held by Hie Committee under the Flan and Agreement of Reorganisation of International Mercantile Marine Company, dated August 3, 101S and To the Holders of Undeposlted Four and One-naif Fer Cent. Mortgage and Collateral Trust 'Oold Honda nf International Marine Company and First Mortgage Sinking Fund Fire Ter Cent. Oold Honda of Interna, tlonul Navigation Company (now International Mercantile Marina Company) t Notice Is hereby given that the Plan or Reorganisation dated August 3, 1916, has been abandoned, and In place thereof this Committee has ap proved and adopted a New Plan for tho readjustment of the debt of Inter national Mercantile Marine Company (hereinafter termed Marino Company), which New Plan has been prepared nnd adopted by the committees repre senting respectively the preferred stock and the common Mock of the Marine Company. A copy of the New Plan has been or will 'be filed with the Depositaries nnd their Agents acting under said Agreement, dated August 3, 11'15, and notice of the filing thereof is hereby given by' publica tion as provided by suld Agreement, dated August 3, 1915. All holders of Certificates of Deposit who do not, within ten days after the last publica tion of said notice, notify In writing the Depositary or its Agents Issuing such Certificates of Deposit, that they do not assent ta said New Plan will be deemed to have assented to said New Plan, ahd will be bound thereby as fully and effectually as if they 'had personally, individually, and ahirmatlvely assented thereto. Prior to the expiration of said period, non-assenting depositors may surrender their respective Certificates of Deposit, to the Depositary or its Agert Issuing the same, nnd may with draw the securities represented thereby upon the payment of. their share of tho expenses of the Committee to date of withdrawal as apportioned by the Committee, which has been fixed by the Committee at 'One Per Cent., viz.: Ten Dollars for each One Thousand Dollar bond and One Dollar per share for each share of preferred or common stock, or Stock Trust Certificate In respect thereof withdrawn. Holders pf the First Mortgage Sinking Fund Five ,Per Cent Gold Bonds of International Navigation Company tnow International Mercantile Mailne Company), and of the Four and One-Half Per Cent. Mortgage and Collateral Tiust Gold Bonds of International Mercantile Marine Company who have not already deposited their bonds with this Committeejimay obtaln the benefits and advantages of the Bald Now Plan by depositing their bonds, together with all unpaid coupons, ,ith th Respective De positaries of the Committee designated for that purpose, Or their Agents, on or before September 15, 1916. This Committee will not receive further Deposit or Stock or Stock Trust Certificates. Copies of the Committee's circular containing full details of the New Plan may be obtained from the Secretaries or Depositaries of the Committee. Dated, New York, August 26, 1BI6. DErOSlTAHIKS AND TJIEIB AOENTS For Four and One.Half Per Cent. Mortaaie and Collat- eral Trust Gold Hands. For First Mortsaaa 8lnkln; Fund Klv Fer Cent. Gold Hands. For Preferred A Common Stock and Stock Trust Certificates. Becretnrlesi C. K. HATDOCK. 2d Ilroad Street. New York City. T IIOMEH ATHBRTON. 32.1 Chestnut Street, Philadelphia, Pa, HOBNBUJWEn. MU.r.EH. POTTER EAHU5. MORGAN, LEWia & UOCK1U8. Counsel. THE NEW TORK. TRUST COMPANT. Depositary, 2o Broad Street, New TorkXitr. ' LAND TITLE ft TRUST COMPANT, Agent. Philadelphia. Pa, OLTN, MILLS. CUHR1B ft CO.. Agent. 67 Lombard Street. London, England. FIDELITY THUBT COMPANY. Depositary. Philadelphia. Pa, BANKERS TRUST COMPANY. Agent. Val Street. New York City. FIDELITY TITLE ft TRUST, COMPANY. AwnL Flttsburab, Po, THE NEW YORK TRUST COMPANY, Depositary, 6 Hroad Street, New York, City. -FIDELITY TRUST .COMPANT. AltnL .rnuaacipnia. ra, ADOLPII BOI8SEVAIN ft CO.. Agent, Amsterdam. Holland. QI.YN. MILLS. CUJtlUB ft CO.. Aisnt, dX Lombard Street. London. England. OTTO T. liANNABD, ANDREW i. MILLER. FItKIIKUICK H. rJIIIl'MAN, MONEY F, TYLEM. ' ALIIERT If. WIOUIN, I O. MYKRS, WILLIAM F. OEST, T. DsWITT CUYLEH. SAMUEL F. HOUKTON, CHARLES D. NORTON. GEOHOH 8. HHEWbTEH, UENJMIX TAW, CommlttM. a, Brown Brothers & Co. Fquktii and CmurtKVT Streets PHILADELPHIA Securities and Income We take charge of securities and collect income for persons desirlr to be relieved of such details, crediting an accoukt subject t ck or remitting ainounta collected, Mi
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