1
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"The Profits
from
Investments
A recognized authority on finance'
hat arrived at this conclusion as a
mult of. a wide experience:
"Larger gains are to be made
by investments than by specu
lation, to far as non-professionals
are concerned."
Write and ask us for descriptions
of several securities that are re
garded by banks, institutions and
experienced private investors as
sound investments.
.ltf.0larlt$eo.
BANKERS
(Established 18JT)
321 Chestnut St., Philadelphia
Pittsburgh Wllkes.narr
noiton Chicago Heading;
FINANCIAL NEWS
U. G. I. UP ON EXTRA DIVIDEND;
WILL HELl5 TO PAY FOR NEW STOCK
Trading Small Throughout the List Welsbach Company
Issues a Good Report of Earnings for
Last Fiscal Year
The Capital Stock of
The American Gas Co.
is attractive to investors for the fol
lowing reasons:
The Company has paid divi
dends for 24 years, 8 since
1915.
Net earnings for 1916 were
substantial.
Earnings are obtained from
gas and electric plants in 50
cities and towns in the East and
Middle West and are therefoie
diversified and reliable.
The stock can at present be
bought to yield over 6.60.
We invite requests for a descriptive
Circular.
WilliamP.Bonbright&Co.,Inc.
aiUKKia UIMTAK HTKUUD Jr,
Mann err
437 Chestnut St., Philadelphia
York Itonton Chlcaco Il
Stock of the United Oas Improvement
Company attracted some attention In tha
trailing on tlie I'hllndclplilu stock Kxcliange
today. While It was not the moist nrtUe,
It sas natural that xoiiid Interest should
le Bliovfn In it In lew or the action of the
directors In declaring nn extra dltldend ot
2 per cent, or $1 u sliare. at their meeting
yesterday afternoon in addition to tho regu
lar quarterly dhhuiremvnt of the name
amount.
On tho first transaction, ulilrli nm fnr
100 shares, tho price ot the Hlock got up
SI an compared Mltli the final figure of lad
night, thus offsetting tho cTtra dlIdeud, "mid
later In the day It a up another !i.
The extra dlWilend, which camn" im n
distinct surprise to the Htoiliholdeis, will
amount to SI. 110, m on the $rri,B20.Tu0
capital stock, and will lielp tho stockhold
er In tho pajliiB for the ndilitinnal new
stock which is to ho Issued when tho
stockholder!! glo their npproal at the an
nual meeting on May 7 lo u 10 pel rent
allotment nt par The allotment will amount
to C,B20,070, nnd the cctr.i dividend to 20
per rent of this amount
Wlilln the market an a whole wan not
active, the movements In prices were n lit
tle hetter when cuiflp.ircd with last night's '
closings It was In Lake Superior that
most of tho trading took place, and nt one
time that stock showed a gain of 1 V4
points. Philadelphia Hapld Transit trust
certificates were unchanged while Union
Ti.ictlon gained ' The bond division was
fairly active, hut the majority of the trad
ing was In ft few issues.
3110 annual repo'rt of tho Welsbach Com
pany, it subsidiary of the United tlus Im
provement Company, for the ear ending
Dicember 31, 1!10, was Issued at the an
nual meeting of the stockholders today. It
compaicd very favorably with the previous
tur Tlie gross profits were S9D2.B44, an
increase of $173,174 over the same period In
IDIS. and tho balance after the cancellation
of dipieclutlon charges and other expense
was 1383,806, a gain of $111,479. There was
a sill plus of J228.0C6, which represented an
Increase of (111,479.
Sidney Mason, tlie president of the com
pany, leportecl that the trustees under
tlie inoi Igagn have purchased slnco tho last
lepoit for the nccount of the sinking fund,
Including purchase March 1. 1917. of $292,-
iuu ot mo company's collateral trust 5 per
edit bonds. This makes the total purchase
of these bonds to dato, S3. 868,400. Tho
boat it of dliectors was re-elected
New
ionaon
William P. Honbrlght Co.
Ilelrolt
I'nrls
tlonbrltht & Co
STEEL
We have had prepared a
booklet giving a 1 1 'the
latest available data upon
almost all of the important
steel companies of the
United States, which we
will be glad to mail upon
request.
Armitt Brown & Co.
1424 Walnut St.
Members
New York Stock Exchange
Philadelphia Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
Ooisr Finney
AUTOMOBILE BANKERS
orfer special facilities for In
dividuals or automobile deal
rs to finance the acquirement
of pleasure cars; and for
business houses to finance
the acquirement of commer
cial cars or trucks. If ou
are thinking of purchasing a
car of any kind for any pur.
pose tho FINNEY SYSTEM
will make a better business
transaction for you.
HEAL ESTATE TRUST OUILDINQ
PHILADELPHIA
COTTON HOLDS WELL;
BUYING INCREASES
Consumption Figures for Febru
ary Are More Bullish Than Ex
pected Cables Better J
COTTON HKI.T i:TIII'lt I OMIITMINI
M'.W lOKK, Munli l". Trninertiliire
were loiter In (.nine net lions of tlie inltiiii
helt IliN murnlnic and It uu Keiierully
cloud.
Tlie follow In? Irmne futures were rerorili'ill
Kiuelsli, ski Anlieillle. 4l iilivllle, );
knovtllle, Chtiltnnnocn ami AmciiiIii Mi
lllrnilnsliilm. 10 1 Okliilionm. I orl -inllli.
Memphis, .Mnron and Miktliuric, ."111 Utile
Kork, r.'.'i VMImiIiikIiiii n ml Merlilinii. oil
siiretrtiort anil .Vli)nticiiiiier. olli lillenr liml
Del Itli). IK) I Mill Xntonln unci Mobile. 1.2 1
Tliomustllle. I hiirlrti)ii, smiiiiii ill, luiiinu.
Jitrkonvllle. I'enauiiiln, Ne llrlejni anil
UiiHrnl nil I (irini I hrl.ll. IIS
There mii Ml Imli uf iirrtlnllitlon at
Kalelich unit Atlunt i
NT.W YOIUC, March IT. V fnlilv steady
toiie was shown at the opening of the cot
ton market today. Mn selling 4 points
lower, while other nion.hs wcie 1 to B
points net higher Liverpool cables were
better than expected and the (loveiiiinent
report on consumption was silghth more
bullish thnn the National Cllnneis' figures
had led the trado to look for.
Wall stieet. Liverpool and Miutliein In
terests purchased heie, while I'cmilllbslou
houses and local operators sold A supply
also tame from what was hellevtd to bo
Continental sources
After the call the limitations held about
steady, with. the exception that M.iv tallied
to the pievlous close, or right in lino with
otlitr positions.
Aftr selling 14 to 20 points net higher
late In the morning tho nnrlset became less
active and met some scatterid leallzlng
Prices easeil off 3 or 1 points from tho best
In consequence, but the undertone was
steady.
Following a dull eaily nftis-noon trado
the cotton maikct turned easier on the
Berlin reports of n PetiogtHd revolution,
prices losing 4ne.uly utl of the forenoon
advance
Vsl. rloN open
March . . ..17 To 17 70
.M 17 111 17 1.1
Juti 17 IS 17 fl
tli tuber . 17". 1117..
Dei ember . HI si 111 s'j
Kliut .. .ISO-.
lllsh l.mt t'l.uw
17 so 17 70 17 7ll
17 Ml 17 .Ml 17 77
17 Ut 17 411 17 l.H
llllll 1117". HIS.'
17 nil H'. si 111 M
17 'i.
FOUNDED 1883
The Provident
. Life and Trust Company of Philadelphia.
Wot only uhat a Truil Company does, but how
it does if, counts.
FOURTH AND CHESTNUT STHEUTS
Two Ways:
Ther-i arc two ways of
trading- in securities:
(A) Tay for stocks In full.
til) Pay on-lhlrd of the coit with the
order, and arransa to curry the bal
ance. (A) Requires eomlderab'e ready cash.
(II) Ptrmlta the Immediate purchaao of
tocka without havlns to wait until
funda ar In hand to pay In full.
Send for booltlet entitled
"Carrying
Stocks
on Account"
which explains the (B) wy fully.
Akfor835-T.U.
JONES & BAKER
STOCK BROKERS
v WUtmr Ndf , PhUadelpbia
Xcw.York
11- " . ."l
lll. Walaut lCBO-1.
K atone, Itac V3c.
Itoatoi
j'Jtiauursn
i, ' Direct Prlvutt ITIni
-
! J9HW4 ABJLKBK.
Vm y avd me your bookl.t "Carry
awr IHaaiw on Aeoount." 3S-T, U,
mm UJf,U.'X ..,.,....,...,,..,
p --V.etV,'",t'" a".
were
5
?
"""fUHti
1 1
. m
f
iu jt
MJMMM4I ...
- - SZ ' .
4i u. : -' -
'ww . af.
it
Liverpool Cotton
I.IVi:itl'()OI., March 15 Spot cotton to
day was reported Millet at 21 points decline
on the basis of 12 lful for mid-upland The
sales aggregated 4mi0 bales. Including 30110
bales American. The inurket foi futuies
closed firm at a net advume of 1 ii; 3 points
MONEY-LEN'DING HATES
Mill UIIIK The mone) market devel
oped decided ease at the opening today,
witli offerings on the t .til at J per cent.
Time Industrial loans were about the level
previously iiuottul for good mixed The
last-mentioned class of collateral vvus '(
of f per cent under the industrial figures.
Industrial loans vveie quoted for 00 days
nt 3si pei-ient anil for four mouths at 4'4
per tent, lilds for six mouths weio 4'i
per cent, with 4' asked
Prime mercantile paper Is in moderate
suppl mid the demand continues good
Local quotations ale 4',JiU4,i per cent, but
the tone Is easier In tho West. Paper,
with n maturity In Nov ember, is said to
have been disposed of as low as 4 pel tent.
Call money opened at 2 per cent, the low
and ruling rate, high, '-Vj ; last. 2'i ; closed
at 2,ift2'a per cent
PIIII.MiK.l.rill.t fall, 3'i per cent
Time, 4Viii5 per cent. Commercial three
to six months, 4'ifi;434 per cent.
BANK CLEAH1NGS
Hank clearlnirs today compared with co
spomllnv day lait two ears
1117 11)10 Ml.-,
I'hllaueipnia .'.i,iii,o 1 1 sii nn, .;i j
Iloalon , H"i,.1.' I.llllll 4.1.,'ilJ IIJH JI.1VJ,
New Tork . 53i;.'.i;i r.si ii.'ii on.' n4 yii-i mis
Haltimore . ll..'.JO.OIH l! 71H l.o.' 4 Til".
fhlcaso . , 7l.il7.L'.l,i "i Il."l.'i7r. 411 noil,
M, .OUIS . . -J litA.IU.' 1I..U1.4UO
HSS
U'M
IIIIJ
,411s
.17J
FOREIGN EXCHANGE
XnV YORK, March IB There was a
ery moderate volume of business in for
eign exchange In the early dealngj. P.elchs
tnarks displayed firmness, rising to C9V4 for
cables nnd G9 for checks.
Quotations:
Demand sterling 4.75ft, cables 4.76,.
Sixty-day bills nominally 4.72. ninety-day
bills 4.70.
J'rana cables; i83Ta. checks 5. 85.
Vienna cables 11.19, checks 11.16.
I.I re cables 7.84, checks 7.85. This Is a
new low record, the low pievlously being
7.8J4.
Swiss cables 5.021. checks 5.04.
Guilder cables Of,, checks 4 0 1 ,
Ituble cables 28.10, checks 28.
Peseta, rabies 21,23, checks 21.15.
Stockholm cables 29.65. checks 29.55,
Chrlstianla cables 28.C0, checks 28.50,
Copenhagen cables 28.55, checks 28.45.
Lone Star das to pay "Extra v.
PITTSBIJRCW, March 15. Word lias
been received from the company's ofllce at
Fort -Worth'. tx.. that tho, Iono fitar Oas
Company has declared tho usual quarterly
dividend of l'i pr cent land an extra of
oiie-haf of 'I per cent. Transfer books will
be closed,' froint March 24 to April 2, The
ame( regular and extra, dividend was de
clareA three months ngo A
, J t-i '.' ' i
.M. R. Company Buy's, War Bonds.
, STtA Mad-h J 5. The Canadian
Pw'iliV JtHllway Cdmpany bought Il.tOO.OOO
of, fhs4 Canadian war" loan (OdBy,
'if 'MMii'HiXK BIIOWN CO. "
sinssVH5CrI
Pi jQwFi
Wr? ,tmLffuM.mn.
tjAUt piSPUTBU ACftOfJilTs
WHEAT ENDS HIGHER
AFTER NERVOUSNESS
Belief That Strike of Trainmen
Will Re Averted and Russian
Revolt Help Bulls
l.ltIV IIIII.T tlKTlll:il tOMdlKINI
..u'i" . ;.""!'.' .V"r,h . Xihlies re-
elieil ill lie lleiither llureilll tills imirnlnc
liHllLilril llie fullcmliii: nealher eoiiUlllonst
Teniiierutiires.
rnnnilliiii Nortlinet
nrllie-t
'Mlilille llext
sniltllest
I I'Per Vll.s, ViiIIpj
Inner VIUm, lullev
iifiui vuiiev
rlenr
lireilp.
eleur
i lenr
fleiir
. .eleur
rle.lr
lllali
1H
41
411
UK
r!
74
411
nv.
II
X
211
:n
:is
44
'.'II
Tile folloulni; orei liillutl.tii (In liifhel
nuit reported. .(II nt Muillaoii. Vnlenllne
mill Mile, ((t .in Bt Swift Currenti .11 at
ltupld llj.
ClIK'Ano, March IB Influenced lij tlie
belief that tlie railroad labor dlllloiilty
would be colnpionilsdl. ,tlie wlie.it market
today displaced n great deal of strength
Wireless mi ss.iges fioin Herlln telling of
u revolt In Russia were construed bulllslily
and opinions were expresibed that the news
Indicated .i prolongation of hostilities
Tho selling had been overdone mnterlallv
and after show lug some nervousness and
lucgiilarltv at the Immediate outset prices
moved upward, although liquidation foiced
prkfs off quite sharplv nt otio time In the
foleiioon This decline was shoit-lived,
howevi r, there being plenty of orders to buy
by commission houses
It was plain that nil offerings had gone
Into stiong hands. Shorts were forrced to
cover and tho largest of them declaied that
It was o good time to take profits
fter hiving Mold mm low us XI 77 Mnv
lose lo $1 80IJ. closing at $180 ft I 80.
against $1 76. vesieid.iy'H last prli e After
having sold at f I K nt the opening which
was the bottom, July advanced to $1 56 nnd
llnlslieil at Jl 56i I 53V compared with
$1 ."2'2. the llu.il quotation of jesterday
The low on September, 1.41V nlsif was
made nt the outset, and It sold as high as
$1 151,. closing at $1 4Sig'hlv41V against
$1 12 at the end .vesterduy.
The market at Liverpool was dull and
i.iler on huge arrivals and less nppieheu
slim with regard to shipping. .Shipments
from Algentln.i for tlie week were 1,065,000
bushels
'oin also turned Ilrmer. but there was a
good ileal of se'lmg at periods and trade
was not large. The caMi demand was good
Then- was a good demand for oats, uhlrli
advanced, too Kuilv tiiieis did some sell
ing later The maiket at I.lveipool was
i.islei Shipments from Argentina for tlie
week were estimated nt 780,000 bushels
Leading fulurts ranife.l as follows
V lie.it Yes,
Op. n HlKh Low. I'lnne t loi.p
Mav. . 1 77. I kli'i 177 1 Ml', 1.77
luh . 1 ".-'. I Ml 1 f.J 1 .Ml r.jli
Sept. 14.' 14.".'. 1 4! 1 4.V, 1 4J
Turn (new ilellverv)
May . 1 7 1 l)Sl 1 W 1 OS 1 oj
.lull . 1 n". 1 o7 1 ir.'u I ii".' l on
S.t. 10IS 1 nil I ins l.u.Vi lot',
Oils
Mm . :.'." :.7 .mp, r.7'i r.ii,
jui . .'.".', mi'. ,'.-. r.fi .-,&',
MuJ . is M 11107 IS Ml 11100 tis 70
JuL . 1SS.' llll'-i 1S7J IS 1)7 1H n7
lllba X
Mw', 17 17 17 47 17 17 tl7 47 17.12
Julv . 17 27 17 .".7 17 .'7 17 51 1", 21)
I'.irlc
M,o . 32 linlW .1.' S", .11 no a.' SI 32 10
JuL Ml 4'.1 a.' 12 31.10 SJ 12 .1140
Hid. tAsked
Cotton Consumption Heavy
WASIU.MITOX. JLirch 15. There were
consumed In I'nlted .States mills during
Kebiuary 547.20.1 iiinnlng bales of cotton,
exclusive of llnters. according to the report
of tlie Department of I'ommerce today. This
was mi Increase of 7000 bales over Keb
luary. 1916. U this number 312,552 bales
weio consumed in' cotton growing States,
an fncicnso of 10,000 ovci the same month
a 5 ear ago
U. S. Steel Has Bit; Ore bock Plans
SHARON', March 15. It Is reported that
the United States Steel Corporation will
spend 510.000.000 for enlarging and Im
proving the ore docks at Connenut Harbor
rn Lake Uric
I'lmrosALn
DKI'AKTJIKNT Or CITY TIUNSIT
731 Ilourie nulldlnv
Philadelphia, March B, 1017.
Sealed proposals, properly Indorsed and ad
dressed to the undersigned at the orflca abov
mentioned, will l received until 12 o'clock noon
on Tueadar, April 3. 1817, and opened Immedi
ately thereafter, for the ronstruetlon of tha
following aectlons of the llruuii Mreet Hubway
with work appurtenant thereto, under authority
of Ordinance ot City Councils approved July
20, 11)111! """'
Contract No. 103575 linear .feet of .
two train and 2..00 linear feet of four
track aubway In llroad atreet from aouth of
l'llbtrt street to Uuttonwood street, Includ
es one station.
Contract No. 1044080 linear feet of
four-track subway In llroad atreet from
lluttonnood atreet to north ot Btllea atreet.
including three atatlorts. "nn.
Contract No. 204 2U00 linear feet of
fourtrack aubway. merging Into two'traclc
ubitay, In llrod atreet from South Penn
Equara to south ot Houth street. lncludln
to stations.
1'lans and specifications can be seen at Room
748 liour.e Uulldlna- and copies of same with
blank rorrrrn for propoaals will be aupplled to
Intending bidder upon depos t of 50 (caah or
sassT'.i'tett. wwch wi" r,'und,s '""
The plana as' Issued are subject to asDroval
by the rubllo, Service Comml.sfoS of th stlf
of I'emurlvanU befora award ot contraits.
Didders must ba .killed and regularly an.
gaged In tbla rlais of work "guiany en-
No bid will be considered unless accompanied
by certlncata from tha City Solicitor that
proposal bond In the sum of nva hundred "6001
dolfara has been flled In accordanca with tha
provisions of an ordinance approved May Jdi
Th; Director rnm.i to hlm.elf tha right to
Mlect any or all bids as ba mar daem bait
for tb interest of the City of Philadelphia.
VM. 8. TWJNINO. lilrZstoT.
u m'ECML aiKKTtiToa
KS OI-riCE OF FIDI'XITV TRt'flT CO.
J25 ChestnutJst.j Philadelphia.
Jajiuary 19 1U1T
Votlee l hartby given that a special' matting
of loc khojdara of fidelity Trust Comnany -will
ba held at tha ornca of the Company. 2 Cheat-
of Ihirrli. 1017. at 12 o'clock ro to uk. action
on tha approval or, disapproval of. propoaad
lncrt ot the capital stock ot tha Company
from forty thousand 1411.000) shares of the par
valua of ona hundred (100) dollars each, or four
tnlllt.r. Ii DO CHUll ,1nl In d2J . Ik"...?!
:''."jncK. "t'-r- wzi --"-ir-.?j ,
Sates in Philadelphia
Net
lllsh. Ixisr. Dose, chge.
X Am fias ,.lio lto lit)
4 Am nys pf ob',4 V 4
2.1 Anaconda. A 4 4 S4 H
4 Hal & Ohio 1& 1S 14
50 Kite Stcr. 65 65 65
200 QtN'orOre
ttfs .... 3SH 3.1 33 Vi
fieri Asph
pret ... 5 61 nn
o Ins Co XA 0 26 26 V4
l Key T Co. lti IJV4 MVk Vt
7D43 I.k Sup Cp 23H J 21 Bi
140 Leh Valley 67 67V4 67Ji
105 Xev Cons.. 24W 24 24V4
too Penn Traf. sf 2 i
806 1'enna It R 83tfc 53
3 I'hlla Co.. 38 S" 36 1
060 do cum pf 40 30 .10 Vi
10 I'hlla Kleo 3 3t SJ
570 I'RT tr cfs soy, 30M. 8OV4
1 Reading... 03 03 98 1
100 'Ton Ilel.. 4 4 4
do cash 4 4 4
75 Union Trno 43 43 48
480 I'n fl Imp 00 sh 00 1
6 U Cos N J.2J6 216 226 f
4160 IT S .Steel. 111 "0 110
20 War 1 & $4 11 0 0
8 Westmor O 78 78 76
13.1 Wm Cramp 86 66 87
Kx dividend.
y'pmLAdELPHIA
MARKETS
GRAIN AND FLOUR
WIinAT necelpte. 109.223 bush. The market
ruled nrm at the late decline, under light offer-
ngs snd a fair demand. Quotations! csr lois.
n eiport elavslor No 2 red. spot, I1.9HT1 J
No. S soiilheVn red , XA0Miffftttit.2
red, l .7 if 192! No. 3 red, fl.HW-S V .'.'
Jected A. I1.S31 611 rejected 11. II.79W1 Bt.
. COItN rtecelpts. 8062 bush. 0nnmn
ugnt ana tne msrset ruiea nrm """",' ,"'"V" v.
renngs. uuotsuonsi csr 101s lor iw "jj",r
to location Western. No. ? ye low, l-j
1.24j do. No. 3 yellow. 1.2jpi.2l ' j0-,,?HfJ
lellow, 11,2001 ill do. No. 0 yellow, JI.180
1.1UI .oulh.rn. No. 3 le OW. ll.lBll !.-'.
Tutsi sales. 1.1,027 slnire. eompared with
81)10 slnires esterdny thus fur this week, 59.
374 shuresi same perhsl last week, 13,01
sluires.
IIIIMIS Net
lllsh. Low. Cloae. chge.
86500 Am (las &
Kleo 5s. 07 '4 07 07
1000 Ilaldnin Lo
1st 5s . 101 lot 104 M
1000 -City 4s '38
reg .. .102 102 102
loon Itorwood
lllec 6h los 103 103
3000 Key Tel
1st Bs . 97 07 07 .
200(1 Leh Nav
r;onn ms 102 102 102
1000 Lehigh Vat
4s 1048. .100 10014 100
200(1 Lehigh Val
cons 4'jB
2003 . ...looy, 100 100
1000 MkLStlU 4s 96 1)0 06
3060 l'enna Co
gen 41,8.102 101 101
9(100 I'hlla Co
cons 5s 93 93 03
51100 tin 1st 6s l(li 102 102
401100 I'll I l.i Kleo
Temp 6s. 101 101 101
56000 Reading gu
Is .. 94 9 4 0 4
10000 do Imp 4s 96 ON 98
200(1 Read-Jer
Cent 4s. 114 91 04114 1
1000 Stnnd (las
i:icc Cs 101 101 101
5100 Wehbach
Co 5s. . 11 H 96 98
Tula) mil"., mnil.lKMI, fomliureil with $12,1)00
)eteri!iil llm- fur this week, g.470,2(M) siune
period lust week, X2I7..IMI
Local Bid and Asked
Tl Yesterduy
.. , 11.1 Asked 111.1 Asked
lldlilrtln Loco . SI'. fi4S ri27, S'SSi
Hrlll J U . .. .2(1 21 20 -2.-.
lluir ti Munq to.... il I II". ll.l l".
do nfd .".I r.". f..l SI
Klcilrli! Storasn IH' d.1', in', l.'i
lieneral Asnhalt . . . 21 20 25 211
it lif.l IK l.H III I II
Keislcine Tel . . . v . . 12'j 13', ft 1.1'i
Luke Sup Corp .. . 22S 2J's 21, 2J
LehlKh Nav MlCj HI1? mi HI1,
Lehigh Val 117 17, llll", 117
Lehliih Val Tr .. 20 2il'
rii I'M 4.M, 411 414 4i
IVnnl It It .. . . ft.1 M r.l'j MS
I'hiu i:iee .u'fl, a;, :us .,
I'hlla C11 IS .'111 :I7 :I7S
ilii .". per cent .fd .11 1 .is ,n :i7
In l ..t .enl I'M 40 ' nil, ID llMfc
iF 11 t 1 c .10 ;io', an an1,
Itmillllir ui, 11.1 ill", in1,
Tonopali lleliooiit 4', l 1 IS
Tnnopall Mining ... II', l,S 01i o'l
I'lllnil Traction 43', 4 I'j ll'i 4.1'j
V i I HI)', (III SO, till
V S Sleel 11 US IKIS llnS 111)',
York llvvy 13 14 13', l.T,
do .fd 31'4 .17 .111", 37',
Mm Cramp t c s7 ss S7 hs
llx dividend.
LOCAL MINING STOCKS
TONOl'AH hlOCKS
Hid Asked
MaiNamsra im lis
Mldnay , 17 11)
V1l7iuh Kxlen.lun 11 Ki
Monltllia , .24 27
North Slur . . Ill 17
Hescua Kula . 27 2!)
(si!.irii:i.i) stocks
Hill.' II)lll . . l I).'
Iloolh 10
Comhlimlloii Fruition ill on
IilanKindlleld Ii H o 01
Daisy ll.l .04
ilro . . . oj .ot
SMndsturni Kendall . Ill .04
Mlver l'irk 11 .13
MIHCKLI.ANKOITS
Arizona t'llltecl . . Ml .Ml
Tecopu Mining .11 1J'
Ohio Fuel Supply Co. Pays More
I'lTTSHURCH. March 15 The Ohio Fuel
Supply Company has declared a iiuaiterly
dividend of 2's per cent on Its capital stock,
paahle April U to stock of record Match
31 -This is an Inciease of one-half of 1
per cent over tlie last pievlous uuurterly
dlv Idend.
Granulated Sugar Drops
Ni:W YORK. March 15 Fine grauu
lated sugar was easier, with list prices
ranging from 7i7 50c The raw sugar
market was easier also, the last Balo in
spot Cuban taking place ut 5.39c, a decline
of about 1-lCa u pound.
ttna .. ..- ii ml t.i.-h Demand was
fair and the market ruled Arm under light offer
ings, quotations! No. 2 while, 7076Lic- stand.
ard white, 74744c; No. 8 white. 7a78lic.
No 4 while. 72072'ci sample oj!'n?irMi.s
KI.OUH Itecelpts. 960 bbls. and L037.J15 lbs.
In ssrks The msricet wss ciulet and unchang
ed, cjuottlons, per 106 lbs. In wood! MJ"'J-
airaisnt. lw; ivansas, tiitn ""X "iSm
8 2r.8.60i Kansas, straight, cotton sscks,
$s.76W9i Jo, patent, totton sacks 99J.
JprlngT clear 18 608.71 do, patwit. JB..5W
9,001 Jo. favorite brands, ll(J '10 WI city rnUls.
clinlee and fancy patent. 1100 10.40. . w
ltYH KLOlIll sold slowly but ruled ,s esdy we
Quote I7.50U7.75 per bbl ss to duality.
PROVISIONS
The market ruled nrm with a f 'air Job
bing demand. Following are the quotations.
City beef, in sets, smoked snd olr-dred, B4cj
western beef. In sets, smoked. 84cl city beer,
knuckles and tenders, amoked and slr-df'"'
85c: western beef, knucktea and tenders, smoked,
!I5ci beef hams. 42SW.101 pork, f smlly. 31W
87.60. hsms. 8. T. cured, loose. SlOJtHci ia.
skinned, loose, 2282.1c: do, do. smoked, -3W
2.1V4c: other hams, smoked, city cured, si jo
brand and average, 2222'sc; hams, smoked,
western cured. 2J22V4ci boiled, boneless. 35c I
picnic shoulders, H. 1'. cured, loose. lOvje! Jp.
smoked. 17Wei bellies, in pickle, occordlng to
average, loose. 18Vc. sreskfast bacon. 1 to
brand and average, city cured, 2Jloi nresKia.t
bacon, western cured 22M,C lard, western re
fined, tierces. 20c, do. do, do. tubs. JOc. lara.
nurn rllv litlle.rendered. In tierces 20C1 lara,
pure city, kettle-rendered, In tubs. 20c.
REFINED SUGARS
The market was qulef and unchanged He.
flners' list prices: Lxtra One granulated, 7c:
powdered, 7.10c, confectioners' A, 0.00c. sort
grades. U.2&WU ':
DAIRY PRODUCTS
Ilt'TTnn Demand was fair snd the nisrket
ruled Ilrm under light offerings following
are the ouutnllons. Western, fresh, solid
parked creamerv. fancy specials. 48e. "trss.
4t6?4.'e xlra firsts. 40c: firsts. 3830r: sec
onds. .1ll37c: nesrhv prints, fanev, 44e; ilii.
averse entra. 41W48c. firsts, 3b40c: seconds,
SilSiJic: special fancy brands of prints Job
bine st 47rr.0c. , ' , ,
LOdS llm market ruled firm snd again ;je
per cose hUlier. vilth demsnd absorbing tha
olterlngs ciuotatlons Nenrby estrn, 8.'c per
dozen, nenrby llrsts 18 r.'. per case, nearby
current inelpts, 40 per case, western extras,
.l.'c per iloneii. do. extra firsts. IS 5S per rase,
do. firsts, is 40 per esse, fancy selected candled
eggs were Jobbing lit 8H34e per dnien. .
CHKKSi: Demand was fair and the market
ruled Ilrm under small supplies. Julatinns:
New Vork. full cream, fancy, held 27's27Sc:
specials higher: New Vork, full rrram, fair lo
good. held. 26'i 027c. do. part skims. llW-'Zc.
POULTRY
l.tVP. Demand wss fair snd vslues were
well sustained The iiuotallnns are bs follows:
Fowls hs to "quality. 24 W :3c. staggy roosters,
lSW20e, old roosters, lW17c, spring chickens,
sufl-meatvd 24 tf 2.1e ducks, ss to size and
oiiallt) 221821c. pigeons, old per pair, 280'
3()c . do, voung. per pair 204i2..
DltKMSi:!) Ilecelpls were light and the
market ruled Arm under a fairly active de
niund Quotations Fresh-killed, drj-lmcked
fowls 12 in b.x. drv-Plcked, fancy selected,
IM'n. do. welghlnE 4'4 lbs -3.1 over apiece,
24c: do weighing 3M. lbs ae-e. 23cl do, weigh
Ing 3 lbs apiece, 20(l."-'c. foil's In bbls , fancy,
dr-plckrd. weighing 4Mi and over apiece,
23'ic: smaller sixes IB U 22c. old roosters, dry
picked, luci roasting chickens, western, dry
picked in boxes, weighing 8 if 10 lbs. per pair.
25&20c: roasting chickens, western. In boxes,
weighing 7 lbs per pair. 23024c: roasting
chickens, western, dry-picked. In bbls.. weigh
ing 8W10 lbs. per pair, 25c, roasting chickens,
western. In bbls,, weighing 7 lbs. per pair. 21
022C, broiling chickens, western. In boxes,
weighing 3t4 lbs. per pslr 'jlWSile: chickens,
weighing fldCtl lbs, per pslr, 2024c; do. mixed
sixes, 182i)ci broilers, Jersey, tancy. 329310;
broilers, other nearby, weighing 1HB2 lbs
splere, 3032c; turkeys, per lb rancy nearby,
S.'WHIc, fnncv western 323Jc: fair to good.
S0W31C old Toms, 2!ii?3'ici common, 24b;27c,
ducks, nearby, 23023c: do, western, 221924c,
geese nearbv, lugr-'.'lc, do. western. lxi20c:
squsbs pe: dnxen White, weighing 11012 Ins
per dozen $4 50tft4 7.1, white, weighing 04T10
lbs per dozen, $.1 7.141)4.2.1. while, weighing 8
lbs per dozen. S.licc.l J.1 while, welshing 7 lbs
per dozen, $J.ri(ltP2 7r. whll- weighing ni&n4
lbs per dozen $.".' 2.1, dark II 75$v2 25.
small and No. 2 r,ll."tfjl
FRESH FRUITS
LJemanil wan fair nml Miltien ceneralli ru1d
ntt-Hdy, 08 fiilloup AppIt'H. i-r lhl York Im
pcrlnl S4&5 Sil. Hpii l)df. )3 TtOdp 5 50, Bald
win No ! $4 7."iW ilu unsrnUrd $3' 4.
i.rfi'nlriK N ,t .Mi ftp n All. do. untTfadpJ, a
J ". t. Inou Vn 1 ". 'I6lt: ,1.. .,.,ba.t I tiA
- a.e ii"sn, am ST " st, IIIISl UUt'M, d If
4, Htrumm No. 1 Ha.'t :.() do ungraded. SJ A0
3 no WliifRrfii. So 1 $4 .Mltta ilo. unRruiif?d,
IJ r,(i.1 7,u, HpDltH nnrthwrfiUTV per Imx. SI 50
fL'J "ill. ti ntntIM tuip linv ft AT J rantsAu L'ln.
Financial Briefs
. im, it.iiiuii t im) n lv -i rangeM, t ior
Ida, hr i rati' hrlKlM, futuj S.TT, ruat. do,
Sl'&uOSSU, poor. flWSS.l. itrap-fruLt. Florida,
per crutt. S-f4i 4. plntHpplfK. iorto Rlcn, per
i . , " '-. w r I ' ' miiiTdirn i a DC . inj lHr
11 Panry lale arletlfH. SftTTel no, early tilm. k.
Il!4, tranherrien Cnm ,ii ptr irate SI ."&'
a. do. Jersey, per trnte SUl.Oo, strawberries,
Murlda per qudrt. 40,it,o
VECETAIiLES
The general market was nulet snd without
Important change Wuotatlons White polsloes
per bush t'ennsylvsnld iholie. .'7.1lb;i3
?;X..V;r.u fA0.1""' '-"'' western tholce,
82 2.iB2 7.i Wdte liolatnes Jersej. per bas
ket, tl 4((ifl 65. Seet potatoes, Kaslern
Whore, per barrel No. 1. $.1..1()SjlS, No 2 Jl.fiU
03, Hweet potatoes. lieUnara and Maryland.
Pir hamper No. J, It 7.1V 2 21, No. 2 tl "3a)
1 Till, lulls, II. .Sweet potatoes, Jersey, per
basket- .Nu I. II 4llfl 1 AM No r.uffllV
unions, per 10(Mb bag No 1, jelloxv. 17 bm
It 3U. No !, It Cabbage southern, per
hamper. SI. 75 ft 2 2.1 Hplnath. Norfolk, per
barrel 134, do. 'lexas per hamper, J. ,".il(i7
Kale Norfolk, per barrel, 11.7.162 t'aull.
Mower, Norfolk, per crate. SI .1112, Lettuce
KlorldH fano per basket, 4M, ,(, ,i0, ..:
to grod per basket, 1 (a. 1 Celeij Florida per
111-Inch irate Mt3 .111 lleana hlnrida. per haa.
ket-Oreen. 1508. wax. (.108. i:gBplant. Klorl
''"' ?T'X P B"r" .'. '."." Hwlda per
box 15 Ml W II H'luashes I'lorld 1 per box. II 7B
2 21 1'eas, Klurldl per basket. HtiY To
matoes. Fla. per rrate 12 710.1 Mushrooms
per 4-lb. basket I1.4(i4il 7.1 'unrooms.
RAILROAD EA .NINGS
I.OUISVII.I.K AND SHVII.LK
First week JWh . 11 "Vs.Jsn 'iuoi'd
From Janualt 1 .. 12.5J4 740 1,302.411.'
Vl ' " rl BiTilta?5B''-. a JeV m tS m aagf feVMal sjafjal-jnAJKUB
MANAGEMENT OF PROPERTY
IN Colonial days, the landed
proprietor spent much of his
time in personally managing his
property, collecting rents, finding
tenants, and supervising repairs
and improvements.
The busy Philadelphian of to-day
may relieve Ihimself of these cares
aand worries' by appointing this
company as agent to act for him "
jxi uii fcuuii iimners.
Aih for our Folder
" Real Eilate Managed"
V
A
J
Philadelphia Trust Company
415 Chestnut Street ::' . 1415 CfaattMi TStwrf ' '
The New York Curb' lias listed 1,000,000
shares of Osage Hominy Oil Company, par
lalue S; also 116.000 common and 35,000
convertible first preferred iharea tiuperlor
Steel Corporation, par (fOO,
.he following; Issues have been ndmltted
tcr" tho list of the New Vork Stock Kx
change: Mexican Telegraph Company ad
ditional $1,2(0.000 capital stock; cn
iral and South American Telegraph Com
pany additional $4,000,000 capital stock;
Porto ltlcan-Aiutrlcnn Tobacco Company
$ 1.S26.900 capital stuck, with authority to
add $1,805,800; Hearx, Roebuck &. Co. ad
ditional US. 090, 000 commorf stock ; Buffalo,
Ilochester and Plttsliurgh Hallway Com
pany additional $1,020,000 consolidated
mortgage V,i per cent bor.de; Western
MaylnncI ITallnay Company $17,760,400
first preferred, $9,999,000 second preferred
and $49,420,100 common stock; Detroit
United Knllway nddltional $2,500,000 cap
ital stock, and llaltlmore and Ohio Railroad
Company addltlon.il $2,000,000 first-mortgage
60-year 4s.
At the annual meeting of the Norfolk
S'outheriultallroad retiring directors were
re-elected and Adrian It. I.arkln, of New
York, was added to the board.
The total Income of the Sloss-ShefTleld
Steel nnd Iron Company for the year ended
No ember 30 wns $2,319,632, nn increase
of $1,410,467 oer the previous year. The
surplus increased $1,361,037 to $1,621,676,
equal to 15 22 per cent on tho $10,000,000
common stock,
The New York Subtreasury lost $10,144 -000
to the banks jesterday, making cash
net loss since Friday of $33,540,000..
LIVE STOCK QUOTATIONS
, CHICAGO. March 1.1 lions Rrelnis "i nnn
,,;2'In,,,;ri'," Bo .hlh-' Mlsedfd'hutcher"?
IM.2114 8.1. cood heavy, I14.70MI4 BV rnli.h
heavy. 114 3.ig14. i!3: llsht. 113 P0 14 70- obi.
Ill r.niwiifuo hulk. 114 f.1H4 6(1 PS '
,.,?!;";.n,'!e.,,r,'f,o,,,.'?'TOi,T"in"'
SHEEP Itecelpts 13,000 head. Market
lasri.11 Vigtovis. an """'&
NEW YORK BUTTER AND EGGS
NEW TORIC. Marrh 1.1. nUTTEU Itspsini.
2(11)1, tubs Market slightly nrmtr.Ili.her.EjJ:
ins. u-iffwc exiras. 4141iAc. flr.l. ui.ra
4IH4r; .nnrt .IIMHTuV "' "rsis, JH
Kx
n
NEW YORk COFFEEm7
STAY YOnK. March it 7
coffee futures opened at a' d.Vii
points. Trading on the 1? ,'?
active, sales a
March ...
April ....
May
June
July
AUKUSt
Heptember
October . .
November
December
January .
February
mounting to Mo CIM
Today's Tod..." "H"
opening. ,-,.-1
2?!;87.tJ
T.aosT.Ts v2!S!o
- i"i
' T.ViieV'.Rs
' T.P5
s
WIRT T?
8.12i8.13 8 135 J Vi
. Tods
i.onaon ipencs).. s.1
New York (cents) 73
DAR SILVER
Lait
W. 7JtJ fjA
111 !
u toJh i 'j
IM BAT. WlTIRN
IIOOS .Iteie'lpls. 22.0111' esses .Market firmer
Rxiras. 2mB21)i4c: extra firsts 2'4 VVii .
...... u -. o - j v .'-.., nun. nl U mn t. hi..
3234c; brown, 303lc. mixed. ssbeS, ""'
ISS)
a ea
v srmvmwxIOJBlLE
a AND ALL
CrVSUALTYPlSKS
GENEftU
ACCIDENT
Assurance
(C0RPOATI0Nltd
GENERAL BUIUJINC,
PhUAcltdphio.
UMTKII 8TATKS TltL'NTKy.
OlKARIt TllUHT t'OMpANv
PII1I.AIIKLI-IIIA
FBEDBfflCKWKHABDSon. Un
m rHbDBmaiiHjsori,UlrtBa.i
aVl1 "" ' rW.gTJTJfjSj
D. Lupton's Sons Co.
7 Pfd,
CumuUtire, Quarterly Diritlentk
Free of Pennsylvania State Tir
Earnings Six Times the PreferrS
Dividend ""We
Price $98 per Sliare and Accrued
Dividend
Morris Brothers Co.
1421 Chestnut Street
It's Time
we had a County Farm Agent for
Philadelphia's rich farm lands.
The following counties already
have secured such agents:
Lancaster
Butler
Blair
Mercer
Washington
Bradford
Chester
Berks
Montgomery
Bedford
Lycoming
Lackawanna
Allegheny
Luzerne
Cambria
Columbia
Fayette
Beaver
Greene
Warren
Erie "
Westmoreland
Delaware
Bucks
Monroe
Susquehanna
Tioga
Potler
McKean
Crawford
Venango
Clarion
Somerset
Lawrence
Jefferson
Clearfield
The city owns a thousand acres of
farm lands at Byberry and would tt
self benefit by having a Farm Agent
here.
The Government and State would
pay his salary. We appeal to our
Councilmen and Mayor for an ap
propriation of $3000 to cover other
necessary expenses.
Corn Exchange
National Bank
Philadelphia
Chestnut at Second Street
Tn Km-
K --WI JW
Tne Key
Llto Sound Investing A
i ii i s,
Future of the Bond Market
Tlie most interesting problem at tlie
moment to the average investors is the
trend of bond prices during the remainder
of the war and after; the war is over.
The question is exhaustively discussed in
f comprehensive analysis of the situation
;hich we have just forwarded to our
clients. A few extra copies arc available.
Send for Circular 115
I
Moopys Investors Service
JOHN MOODY, President f
5 Nasu Street.'NewYork
Foundations
o build a sound foundation is as neces
sary Pi nnancial affairs as in a building. To
start rght is half the battle
Kon consult experu before you lay the"
foundations of a buildirrg-you should consult
expe before you lay the foundation of mm.
peteife. Your first $100' should bet invested
nghtl
H" "' "P" tsllt
1 ItVWSfaMMSnETT??? -Xr '""ss
1
rtkfv
;n.waiaaum mi.-.
ka J1-" "PAHUTTaT
S3Bte&&.
-m
, PjHjWwphiar
m.;1 .ZDii'-Visr yrT' '--fi.vM
iu.tim)LXAtf
410O) llUrlaMh,flv4UUB,5JS
'ei,
-i?L'ysj.
m&&mw
$5
- -
m
01 W.TW W
V, -fr-
J.ltitf
n ' "