mv i -i
'"!
J;
ravi
i.S
?.-?-
r-
- H '
W"
'
tffti'im&fcii
ft
m
it.
it
&
P1
it your idle
Bars at work
,;-A mtxt uiutual opportu
nity to participate in an hon
rljr' organized and managed
Ifettrprwe at a price-level
with all interests.
j?.'4 Hopven
4 Automatic Typewriter
stares offered at $9.00, combine ,
Mfety of your principal with Iho
. greatest opportunities for en
jkancement of your investment,
ad a large Income yield.
A tested going; company con
' trailing a machine that reduces
business costs to every concern.
Wanamaker's, Sears, Roebuck
& Co., Guaranty Trust Co. and
hundreds of others testify to
this fact.
Write for further information
or call at our office and tee dem
onitration. BERGMANN & CARAHER
LAFAYKTTK nUH.IHNO
Fifth and Chestnut SW I'hlUdclphln
Telephone I.omhn rd !!8 1 1
New 'York ltflston Chlrmco I'lttsliurch
The Strength of
The American Gas Co.
lias been tested for 24
years. Dividends have
been paid regularly during
all this time. 8 since
1915. Every dollar of the
Capital Stock has been
paid in in cash. Official
reports for 1916 showed
that $16.80 a share was
available for dividends, de
preciation and reserve ac
counts. We recommend
The American Gas Com
pany Stock as one of the
best investments of its type.
Price to yield about 6.60
Send for Circular No. 2513-D
William P. Bonbright & Co., Inc
MORRIS WISTAR STROUD, Jr.
Manacer
437 Chestnut St., Philadelphia
titw Ysrk Uoston Detroit
London Talis
Wm. P. Bonbrleht 4 Co. Bonbright Co.
Investment
Statistics
We can supply information
regarding nearly every in
vestment stock arid bond
having 'a market in the United
' States. We shall be glad
to have the public use our
services, and ask for data
regarding any security, or
group of securities.
n.VNKEUS
(Established 183T)
321 Chestnut St., Philadelphia
Chicago
Pittsburgh
Boston
Wllkea.Barra
Reading
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
AUTOMOBILE BANKERS
Offer special facilities for In
dividuals or automobile deal
ers to finance the acquirement
or pleasure cars and for
business houses to finance
the acquirement of commer
cial cars or trucks. If you
aie thinking of purchasing a
car of any kind for any nur.
pose the FINNEY SYSTEM
will make a better business
transaction for you.
tWtAL. ESTATE TRUST CUILDINQ
. PHILADELPHIA
Q Hours. of Efficient Service
9AM to 10 PM
WIT TRUST
ilV COMPANY
CNUTNUT STREET
cuMrAMX
V iai
FINANCIAL NEWS
MAJORITY Ob TRADING IN SPECIALTIES;
LEADING RAILS AND INDUSTRIALS QUIET
Sinclair Oil and Midvale Steel, Just Transferred From
Curb, Active All Through Day Suspend Dealings
in German Exchange
High Points in Today's Financial News
Speculative interest in ,Wall street, centered in specialties, with very
light trading in leading railroad and industrial shares. Business smaller on
Curb. Wheat hit new top marks.' Cotton closed irregular. Price of bar
silver lower. Gold shipped to Cuba and Spain. Midvale Steel listed on New
York Stock Exchange. . ,
NEW YOItK, March 29.
Nearly nil tho speculative Interest In today's stock market wns centered
In a number of specialties, flie leading Industrials nnd railroads being company
lively nulet nnd prlco movements In Issues llko U. S. Steel common wero con
fined within nn unusually narrow range.
Tho two stocks Sinclair Oil and Mlilvnlo Steel which were transferred
from tho Curb becauso of being admitted to the list by tho governors last night,
weru prominent nil through tho day's trading. Sinclair Oil advanced 5!i to
C9i and held most of this gain nil "through tho day, but Midvalo Steel sold
down 1 point to 694, and after a moderato rally closed with Ilttlo net change.
Wilson & Co., which had been strong slnco tho beginning of the week, mado
an advance of 6 points to 83. American Hldo and Leather issues wero
stiong In tho forenoon, both tho common nnd preferred moving up 2 points,
while American Malting dropped 2 points.
Tho railway Issues wero comparatively quiet, nnd after trifling advances
yielded to below yesterday's final prlco. United States Steel common sold
down s to 114, advanced to 1154 nnd then lost most of this gain. Theso
movements were followed by nearly tall tho important Industrials, with few
of tho leading stocks showing much not chango at tho close.
Tho various movements, notably In tho specialties, wore duo to outsldo
buying, tho room traders taking Ilttlo part In tho day's transactions. Some
of tho leading boardroom operators stated that they were not disposed to tako
n positive position until after they wero fully Informed as to tho speech of
tho German Chancellor, which was scheduled to bo released lato this afternoon.
A feature of tho foreign exchnngo market was tho suspension of dealings
In rclchsmarks. Tho leading Institutions nnd bankers dealing in German
exchnngo said that tho fact that wireless messages aro subject to indefinite
delay compelled them to withdraw from tho market, ns they had no knowledgo
of when tho messages would bo delivered, and In tho event of a wldor rupturo
on April 2, before tho messages were transmitted, tho exchango operations could
not bo completed.
Thero was lively trading In many of tho bond Issues, with Poro Marquetto
Cs showing a strong tone and advancing to 05. Chesapeako and Ohio Cs
were also strong and fractionally higher. Anglo-French 5s ranged from 92
to 92!,.
BUSINESS BECOMES SMALLER ON CURB;
GOLDFIELD STOCKS ATTRACT INTEREST
NEW YORK, March 29.
Thero was a falling off In business on the Broad Street Curb, Indirectly
due to tho fact that two of the most Important stocks In that market, Sinclair
Oil and Midvale Steel, were transferred to tho New York Stock Exchange. This
left tho market without two established leaders and mado tho tone generally
variable nnd prlco movements Irregular. Some Interest was attracted to the
Goldfleld stocks, and business In those Issues, which are designated as "penny
shares," was at times extremely large. The copper stocks were fairly active,
with somo Issues showing a strong tone.
INDTJSTIIIAI.S INIinPKXnnST Oil, STOCKS Continued
ma.
Yps. close.
Asked, (sale)
Aetna Explosives 214 2?i 3
Am-Brltlsh MfK R 12
Am Marconi 2V4 2"4 ..
Am Sumatra Tobacco ..23 2 J
American Writing Paper 44 " V4
Can Car & Fdy 25 30
Can Car & Fdy pref.... 70 5
Carwen Steel 13 1"U 13
Charcoal Iron " H
Cheviolet Motors 120 135 131
Cramp Shipbuilding .... 80 no
Curtiss Aeroplane 24 27
Emerson Phonograph ... 11 12 H"-4
Federal Dycstuff 40
Haskell & Barker Car .. 41 42 41
Hendeo Mfg 24 27
Kathodlon Bronze pref.. 2-i 3 ..
Lake Torpedo Boat .... 8 8H 0
Lima Locomotive new .. o 02 02
Martin Arms 87 00 89
Maxim Munitions 3"6 3 3
New York Shipbuilding. 40 43
Otis Elevator o J
Peerless Motors 1.1 17
Poolo E & M 7.1 00
Redden M T 20 21
S S Kresge w I 13 13
Santa Cecilia 20 2.1
Santa Cecilia pref 55 00
Standard Motors lol 11
St. Joseph Lead 17 1H
Steel Alloys 8 8
Submarine 23 23
Todd Shipyards 82 8.1
United Sugar 30 30
United States Steamship fl", 0
United Motors 30 30
United Profit Sharing ..
World Film . 7. ?i
Wright-Martin All era ft .7 8
Zlno Concentrating .... 3 3
21
10--J4
18
8
22
0
30
r,.
7
3
30
8.1
73
It.UI.KOAIIS '
Rock Island common . . . 38 3894
Rock Island A pref .... 84K 85
rtnnlc Island B Pref .... 72 73
Western Pacific w 1 .... 17 10
Western Pacific pref ... 47 ' so
Wabash Pittsburgh .... 20 21
Wabash Pitts pref 52 51
BTANDABD OIL STOCKS
Illinois 288 242 240
Ohio .... 38.1 300
Prairie Pipe 318 3S2 323
Pierce Oil 13 '
Stand Oil of California. 208 303
Stand Oil of New Jersey. 700 710
Stand Oil of New York. 31.1 310
I.NDEPKNDBST OH. RTOCKS
Am Ventura 17
Barnett OH & Gas 2I)4
Cosden 0&G...J 14
Cosden & Co 18
Elk Basin 12
Federal Oil .. ,
Inter Petrol l
44
"2
14
15
12
0
14
30
394
14
15
12
0
11
Hid.
Houston Oil 17
Merrltt Oil 20
Midwest Ref 142
Oklahoma Prod & R.... 10
Osage Hominy 0
Rleo Oil j,
Sequoyah 1
Sapulpa Ref 1 1
MINING STOCKS
Alaska Standard 3.1
Atlanta 14
Big Ledge '4
Butte Copper and Zinc. 11
Butte New York 1
Calumet & Jerome 1)3
Cashboy lift
Consolidated Arizona ... 1)1
Dundee, Arizona 174
Yps. close.
Asked, (s.ile)
10
20
144
11
0
ft
1
11
40
13
4
11
2
1
12
2
27
114
11
0
ft
1
11
40
13
4
11
1
1
0
2ft
1
Emma Consolidated .... 1 If, 1
First National 254 3 ..
Florenco Goldfleld 20 25 , .
Gila Canon 50 .1.1 52
Glol) Dominion ft
Goldfleld Consolidated ..01 no 07
Goldfleld Merger 8 10 8
Green Monster 194 1 1
Hecla Mining 7)j 71 7)J
Howo Sound 0 0 ..
Independence Lead 14 15
Jerome Verde 2 3 1
Jim Butler 70 73
Jumbo Extension 41 42 40
Kerr Lake 4 4 ..
Kewanas ir, 10 18
McKlnley Darragh 40 53
Magma Copper 48 .40 40
Motherlode 37 38 39
Mines Co of America... . 194 2 ..
Ne ada Wonder 1 2 . .
Niplssing Mlne3 Co 8 8 ..
Ray Hercules 4 4 4
San Toy 14 10
Seneca Copper 12 12 ..
Stewart ft 17-32
United Verde 38 30 30
Tonopah Extension 3 394 3
West End Con 68 75
White Caps 1 lit 2
Yerrington 48 40 54
' BONUS
Amer Smelt 5a 0794 07 07
Beth Steel 6s 2-yr notes. 08 08 08
Cudahy Bs 09 loo
Cosden OH 6s 102 103 108
Cosden & Co new 6s... ..108 108 ..
French Munlc 6s 01 04 ..
Midvalo Steel 5s 05 05 05
Russian 6S8 0.1 06 ..'
Russian 5'2s 87 88 87
Sinclair Oil 6a 110 110 ..
So Rwy 5s notes 08 08 . .
Todd Shipyard 6s 100 103
West Pac new 5s 88 87 ..
French Govt 2-yr BUs.. 08 00 00
Chill Copper, 6s 100 10094 100
NEW YORK BOND SALES
12000
ucooo
311000
17000
lillUOO
11000
1L0U
suuo
15000
&UUU
1400U
5000
3000
3000
1U0OO
L'0000
U'llOO
1(1000
'iOOO
3000
11000
11)000
31000
3000
100(1
51000
3000
0000
1000
1000
1000
30000
1000
!!00(l
4000
41100
300(1
.1000
1-0(10
7000
UOOII
1000
17000
10000
coon
sooo
0000
1000
3000'
5000
Amer Atr deli 5...
Anglo-Frnch 5a ....
Amer Tel 0 .......
Amer Writ I'JP B...
Armour Co 4H
Atchison sen 4s
do cv 4 100U.....
Atlan Co Line 1st 4.
do clt 4s .........
Dalt & Ohio 3Vj....
do Cb
do 4s ......
do cv 4Va .
n&O y LE4WV 4s..
Ueth Steel lit Cs....
do rfil B ........
Can Govt 5s 1021....
do r 1020
do 6i 1031 .......
Cal Oai & EIoo 6s. . .
Ches fc Ohio cy 4iis.
do 4't
do cv 5i
Chi Ot West 4i
Chi Un 8ta 4Hi....
Chi 11 & Q Jo'ht 4s..
do (ten 4sX
Chi Ind & West 4s...
C SI & HI P V 4V4i.
do en4Vjs ......
Cht It I tc V rfd 4s..
do 4i ;
Col & Bouth lit 4i..
City of rarls OS
Con Uan cv 6s......
Cumberland Tel Bs...
Del Hud rfd 4s...
Den ft Hlo Or 4s,...
do rfd Bs (,
Datrolt Tunnel 4Vii..
Ili Secur Corp 5i...
Krla cv 4i Scr JJi...
do cv 4f Ser p....
Hud Man In Bi...
no xi o",
Hock VaMVij.......
Ill Steel deb 4Hi...r
Indiana Btsel &....
Iowa Central ref 4i..
...... ta a rtti Ks....
.'j"."i";:,'vf &
r i. 'i. i i
Hik-h
,102i
. 93
.101'i
. 01ft
. 03S
. IM',4
.104,,
. 2Vi
. K4i
. 90J4
.1001
. 02i
. U4H
. SOU
.10U4
.100
. II'J
. 98
. 97'i
: 8ft
. t9
. 03
. 71
. VBH
. 07
. 93
. 94 4
74.,
. 98i
.1014
, 73.
87
. 81
. 92
.94
.UBS
.1004
, 98
Low
102U
92H
100
Dlij
93H
91
104,.
92'i
K4i
901
100
024
(14 'i
98W 98'i
1011 1015J
73V4 731
87 , 7
804 80 ;
f.'
M
5000
23000
2000
8000
5000
5000
10000
1U000
9000
SOOUO
30000
1000
7000
29000
13000
4000
3000
5000
1000
37000
inooo
700(1
106000
IMOOII
SOOO
15000
8II0O0
S50OU
53000
5000
I'OOO
1000
1000
1000
38U0O
17000
1000
15000
5000
80000
.'000
47000
7000
70000
81000
402000
11 SOOO
16000
4000
19000
74000
zuuu
1000
2000
1(
Loner Island rfd 4s,.,
Louis & Nash ten Qs.,
do 4s ,
M St T & 8 S M 4s.,
Mo Pac W I. Bs 1028.
Nat Tuba 5s
N Y C I, 8 3Via...,
N Y C & II 0
do 4 Vis
N Y City 4Vi 1904.,
do 4 19(13 ,
NYNHcllOl...,
N Y O & IV. 1st 4s..
N Y llwy adj 5
N Y Tel Ken 4 a....,
Norf & West 4s ,
Nor Pao prior 4s.,..,
do Ken 3s
Ore Short 1. ret 4s..,
I'enna sen ct 4 Vis...,
do con 4 a
Public Serv N J 5s...
Fere Marquette Cs...,
Heading- E'n 4s
Hep Ir & S Ss
St L ft S F. ajt 6s...,
do in Cs
do 4s ser A
do Bs ser B
St Louis Swn Cs ,
Scuth Hell Bs
South Pao 4s
do cv 4s
do rfd 4s ;
do cv os
South llwy zen 4s,,,,
do con Bs
do adj 6s
U H Rubber 6
U S Steel f 5s
Union Pao 1st 4s
do cv 4s...,,
do rfd 4s -.,
u k of a n ft 1 ss..,
do 6 1918
do 5s 1919 new...
do 6 Vis ?010
do BVis 1921.,..,,,
Va Ilwjs 6s
Wilson Co 6s..
Wab.P T lit ct f p 4i
West Electrlo 61
West Md lit 4s
West Shore 4i,. ......
west, union 4Vas...,
LOW.
S7!4
113
94
93'4
98
10t4
76
109
UI
Close,
87i
113
94
93', 4
98
Kll'i
78
10BV4
VI
70
100'$
821
85V4
102 102
107 107
101 101
75 7.1
39 Vi 39
98 08
9.1 9.1
93 93
66 11(1
93 92
99 99
10.1 105
90 00
94 95
94 94
,00 looji
64 . 51
821
tit
10a
71
,0i.,
63'i
102
106
97
93
92
07
99
"! In l
New York Stock Sales
1
Rich Low
AJax Rubber .... 74 71
Alaslta Old M... 0 0
Allls-Chalmcrs Co 2094 2794.
do pref m nt
Am Hcet SuRaf" .. 08 06
Am Can ftni 59
Net
rhee.
1
do pref
Close
71
0
2794 1
61 '1
069V 1fc
r.09A 1
Am uar & Fdy Co. 71
Am Hldo & Loath. 17
do pref 70
107 10794 1079fc 1
J09i
72
18
64
70
194
68
20
63
71
15
70
10 9i
68
2014
33
71
17
6191
-1
10,1 104 101
01 101 101
07 07 07
01
113
127 12794
. 61
.113
.12794
.212
51
61 294
113
211
60
10
309!
83
101
08
1394
1
Am Linseed,
o pror
Am I.ocomollvo
Am Malt
,do 1st pref .,
An SmoltlnfC . ,
do picf A ...
do pref H t c .
Am Steel Fdry .
Am StiBar
Am Tel & Tel.,
Am' Tobacco . ,
Am Wool
Am Writ Paper pf 10
Am Zinc & Lead.. 309i
Anaconda 84
Atchison 101
do pref on
Atl nirm Si Atl... 1591
Atl Oulf & W1..113
IJaldw Loco Co... 01
Bait & Ohio .... 70",
do pref 73
Rnrrott Co 113
Ratopllns Mining. 1
Uoth Steel 114
do D 138
Brook Rap Tr... 689A
Bums Bros 118
Brunswick 10
Cal Petroleum .. . 23
do pref A3
Canada Paclllc ..164 164
Cent Loath 0294 0094
do pref 115 115
Corro do Pasco... 88 38
Ches fc Ohio .... 61 (10
Cht & Alton IK 18
Chi Gt Wost pref. 35 31
C Jl & St I' 84 83
Chi &. Nwn 118 117
Chill Cop 219', 21
Chlno Con Cop... 579i 57
Col Fuel & Iron. . . 52
Col Gas & Klec... 41
Consol Gas 121
Cont Can 01
Cont Ins Co 56
Corn Products.... 8(1
do pref 10791 107 107 VH
Cruciblo Steel 70 68 089',
,Culin Am Sugar.. 100
Cuba Cano Sugar.. 48
do pref 00
Domo Mines 18
Distillers Secur,... 20
DrlggSfScabury .. 81
Hrlo 3d
118
10
23
52
-I-
211 94
60
40
3691
83
101
08
1.191 "Hi
111 111 1
5091 6091
70 70
73 73
113 113 3
1 Hi
113 143 2
13,1 135 91
68 68
118
10
23.
62
161
01
113 191
38
6.0
18 94
3.1
83 1
117 1
2194
67
61
l
121 1
02
60 1
5
61
4391
121
02
6591
25
00
18
20
70
20
189 180 1
4691 47
00 1
18
20
80 2
20
Gen niectrlcal Co. 10.1 16.1 165 1
General Motors .121 11091 110
Goodrich B F .... 56 5.191
Gt Northern pref. 11.1 11.1
Gt Nor Ore subs. 3.1 31
Green Can Cop .. 42 42
Gulf State Steel. 122 119
do 1st pref 10694 10091
36
115
31
v-vt.
122
111 Central
Inspiration Cop .
Intcrb-Cons Corp.
do prof
Inter Mer Mar . . .
10:
61
.12
66
339A
do pM 01
Intcrnl Paper .... 41
I nt Nickel t c .... 13
Kan City Soutl) pf 5791
Kelly .Springfield. 6396
Keniio Copper.... 46
Lacka Steel 879i
Lehigh Valley.... 70
Long Ibland 4191
Louis & Nash 130
Mackay Cos pref. 61
Manhat Shirt ... 81
MaMvell Motor .. 51
do 2d pref .... 33
May Dep Stores.. 63
Mcx Tetrol 0391
Miami Con Cop.. J 1 9J,
Minn & St L new. 22 22 22
Midvale Steel 61 60 60
Mo Pacific ctfs... 12 12 12
do w 1 31 30 30 91
do pref w 1 57 67 57
Mont Power 108 104 106
National Biscuit. .11091 116 11691
Nat Enam & Stpd. 3.1 3.1 3.1
National Lead 61
do pref 112
Nevada Con Cop
10,1
60
1291
66
329'
89
43
II
57 9l
62
4.1
8.1
70
4191
130
61
81
63
33
63
00
40
1
1
191
10691
10.1
009;
1291
66
3294
00
13
41
5791
02
4.1
86
70 1
4191 94
130 1
64
81
6314
33
63
02 1
41
60
112
23
07
46
24
60
112
23
07
46
4
23
New York Cent... 08
N Y N H & II 4694
N Y Out & West. 24
Norf & West ....131 13294 132
Northern Pacific. .10.1 10,1 10,1
Ohio Fuel 51 51 51
Ohio Gas 130 120
do rights 4 4
Pacific Mall 23 23
Pac Tel & Tel . 3294 3094
Pan Am Pet pref. 04 94
Penna R R .11 6391
Pitts Coal ctfs 47 40
Pitts Steel pref.. 100 99
Pressed Steel Car. 1039',- 103
Pullman Pal Car. 161 161
Ry Steel Spring .. 53
do pref 98
Ray Con Cop ... 30
Reading 09
Rep Iron & Steel.. 84
do pref 103
Rojal Dutch 0491
St L S F 20
Sinclair Oil 5094
Seaboard Air Line 1.1
Sears Roebuck ...187
Shattuck Ariz . . . 28
Sloss-Sheff S & I. 74
South Pac 06
2
1
194
2
'94
1
Southern R R
do pr
Standard Mill . . .
Studebaker
Tenn Cop & Chem .
Texas Company .
Third Ae R R...
Tobacco Prod
do pr
Transue Williams.
Un Bag & Pap new
Un Bag & Pap
20
60
04
104
13
52
08
2994
08
82
103
64
20
6594
15
187
28
72
06
28
60
04
102
15
127 4
4
23
3291
94
6391
46
09
103
101
62 94
08
30
08
82
103
64
20
58 3
15
187 2
28
72
08
tiA
220 226
SO
.17
100
46
06
12
30
56
100
46
06
12
140
81
4694
20
00
04
103
15
220
39
5694
100
46
06
12
140
81
4591
3
1
94
2
i
Un Pacific 141
do pref 81
United Alloy Steel. 4591
United Clg Strs..,101
United Drug .... 74
United Fruit 111 141 141
United Rwy Inv.. 0 0
USC I P &F 21 21
U S Ind Alco ....12.1 12394 124
U S Rubber 01 5894 60
do 1st pfd ..Ik. 108 108 108
U S Smelt & nel. . 62 01
U S Steel 115
do pfd
Utah Copper
100 100
74 74
0
1
62
Utah Sec Corp
Va Car Chem.... 43 42
do pfd 111 111
Va Iron C & C... 794 70
Wabash pfd A.... B19i 0094
do pfd B 26 25
West Md 22 2294
West Union Tel... 07 07
Westlnghouse Mfg 53 62
Willys Overland,. 3394' 33
Wis Central 62 62
Wilson Co 83 7794
114 114 94
118 118 118
111 110 110
3 2294 22
42 91
111 91
73 3
60
94
M
!294
07
53
83
52
81
3
Total sales. 568,700 shares, compared with
526.600 shares yesterday) thus far this wk,
2 663.100 shares) same period last urek, 4,060,-
JH0 shares, ,
F Kr dividend National Biscuit Company. 1 i :
Rutland Railroad preferred. 2: Clrland. Cin
cinnati, Chicago and St. Louis Railroad pre
ferred, Vi. 1
tEi rights Ohio Cities das.
NEW' YORK COFFEE MARKET
NEW YORK. March 29. At the opening
this morning the market for coffee futures
was 1 to 4 points higher. Trading on the
call was active.
Todayls Yesterday's
March . ,
April ...
May ....
June j.,..
juiy ....,. 1..
Auiun
opening.
7,60
T.7B
close,
T.YoeV.u
7.85 7 88
close,
7.5.1 0 7.57
J.B.IieT.ni
7.60BT.61
r.(i7W7.ns
7.747.75
list ..... .".... ,........ 7,70tt.S(
ember ., 7.8847,90 8.9008.01 T.86fT.86
Jg.-.Vn.TO-w.--- W ;;; milU
BUSINESS CONTINUES LIGHT HERE, .
WITH NARROW MOVEMENTS IN .PRICES
Midvale Steel Sells on Local Exchange for First Time at a
' . Fractional Loss Traders Await Transit
Lease Report
Slok finding continued small on tho
Philadelphia Slock F.xehango today, ine
turnoxcr In stocks during tho first Hour,
however, was a Ilttlo larger than 'l"nf
tho miho period of the market yesterday.
T'..ero was one marked difference, and timi
was In United Stntcs Steel common. Wli 10
that stock continued tho most active, trio
total transactions In It wcio far below re
cent dnys. .,i.j
Mldvnlo Steel nnd Ordnance was traded
In on tho local exchange for the first time
today. Thh was by virtue of the tact
that It wns ndmlttcd to the list of tho
New York Stock Exchange yesterday, whlcti
mado It possible to deal In It on tho ocal
exchango even though It was not listen
hero. Application for the listing of the
slock hero has not yet been made, but it
Is expected that action along tills line will
bo tnkett within the next few days. During
the morning only 100 sharei of tho Mock
ciimo out on the tape, this being In a
block, and tho prlco wns CO-. of n ,?l,,,;
i point ns compared with tho closing
figure on the Curb Inst night.
During the morning session not one of
tho local traction shares mado Its nppear
nnce. Tl-.ls was attributed by tho Street to
tho fact that Councils will this nfterlioon
rcsclvo Director Twlnlng's report on the
lenso proposition made by the company to
the city, this report to Include tho analysis
cf the lease made by experts employed by
the Mayor. Tho traders were not disposed
Sales in Philadelphia
Net
Close, chso.
61 194
Rich. Low.
100 Am Can .. 51 81
100 Am Sugar. 113 11394 H-1
7.1 Brill J G.. 30 29 30 1
60 Corn Prod. 2.1 2.1
10 Cam Steel. Ill 111
20 Goodrich C 5.1 55V,
2.7 Ins Co.'A 26 26
756 Lk Sup C. 2191 21
61 Loll Nnv.. 80 80
435 Lch Valley 70 70
15 Lch V Tr. 26 26
100 do Olr Tr
rets .... 26
' 20 Mer Mar. . 33
100 Midvalo .. 60
60 Nev Cons. 6094
1348 Penna R R 64
6ft PlilU Klec. 3294
22.1 PUT tr cfs 20
62 Phlla Trac 80
103 Ton Bel... 4
1015 Ton Mill.. 7
50 lTn Trac .. 13
699 IT G Imp . 00
1.1 Us Gas NJ.226
3215 U S Steel. .11594 11494 114
60 War I & S 0 0 0
62 West Coal 78 78 78
110 W Cramp. 88 88 88
1.10 York Rwy 1.1 14 1.1
Li
V
111 4
6.1
26
21
80
70 1
26
26
33
60
00
53
3294
29
7094
4
43
00
226
26
33
60,
00
54
32
20
7094
.4
7
43
90
220
94
1
191
Total sales. 08.10 shnre. compared with 8510
shares jcMrrrtnj: Hum fur thin week, 60,060
shares; same period hist week, 85,090 shares.
Close,
97
IIOMIS
HlEh. Low.
111200 Am Gas &
Klec r.s.. 97 07
6000 Ches & P R
Rwy Bs. 08 08
6000 Klec & Peo
Tr 4s... 82 82
2000 Lch & N
KngBs.,103 103 103
1000 Lehigh Val
gen 4s.. 00 00 00
1000 do Coal Bs.10594 105,94 10594
1000 Market St
i;i 4s... 0094 9691 9694
27000 Penna Co
gen 4s.l01 101 101
3000 Phlla Co
cons 5s.. 01 01 01
8000 do 1st Bs.102 102 102
6000 Pliila Ule
Temp Bs.102 101 102
3000 Reading gn
4s 04 04 04
2000 do 1st cons
ext 4s 37. 08 08 08
1000 Spanish
Am t 6s. 102 102 102
Net
chge.
08 .
82 3
Total sales, $60,200. compared with $77,000
sei-trrdns; thut fur this week, $245,5001 same
period last week. 8103,600.
LOCAL MINING STOCKS
TONOPAH STOCKS
MarNnmara
Midway
MUpali Extension
Montana
North Star
Rcscuo Hula
GOLDFIELD STOCKS
Tllue Bull
Hnoth
Combination Traction
Dlamondtleld II 11
Daisy
Oro
Sand Ken
Kllcr Pick
Bid. Asked.
.07 .OS
.16 .17
.13 .14
.20 .25
.15 .10
.25 .27
.0 1 ,04
.09 ,U
.01 .06
.01 .(l.-,
.03 .OT
.02 .04
.01 .(IS
.15 '.18
Suppose You Are
Interested In
Mining Stocks
and you want to know how to
Judee the possibilities of return
, for money lnested7 How would
jou go about It tn find out? A
new booklet entitled
"Low Mining Costs
As a Guide to Investments"
will show you thn Importance of
knowing tho wnrklns costs of a
mine nnd other factors that must
ha considered In a judicious min
ing Investment. Send for It.
Ask for 839-T.U.
JONES & BAKER
STOCK DKOKEBS
Widener Bfdg., Philadelphia
New York
Chicago
Bell. Walnut 1C00.1,
avejBwiic. jittce .uu.
Boston
Pittsburgh
Direct Private Tfirej-
JONES & BAKEK.
Widener Dido., Philadelphia, pa.
You maV- send ma your booklet
Mlnlnu Costs" 830-T. U.
"How
Namt
ilddreu
, Cllu Stole
, FOUNDED 1863
The Provident
Life and Trust Company of Philadelphia
Pans tiitcrest, on deposits nna saftguardi
farm scrupulous),
KOUIVm AND CHESTNUT 6TIIEETS
DIBEOTORV OF ACCOUNTANTS
Certified l'ubllc Accountants
LAWItUNL'K K
lain HKA1. 1;;
INVKSTiaXTB
bltll. JU1IM
11ROWN A CO.
D JISTATR TRUST I1U1LDINO
S.TB AND ADJUST I'AItTNBR,
NT AND DISPUTED ACCOUNTS
WILLIAM K. MONTELIUS
020 CHESTNUT ST.
UUBNH BPEAKUAN
THE BOURSE
ELECTION NOTICES
IKS?" AT A MKKTINO Or THE STOCKUOUl"
1-- era nf tho Continental-Equitable Title
and Trust .Company, held March 28, S17. lh.
lollowfng directors wero re-elected!
Samuel Atrott'
AltrA VI n..l
?""" t .-es.1
to do anything on nny of tho transit lssucs
until this report was nt hand. After 1
o'clock P. II. T. certificates camo out at
29 M, a loss of .
Kor the first time today 100 receipts for
tho deposit of Lehigh Valley Transit com
mon stoclc with the Glinid Trust Company
sold on 'Change. The transaction wns intido
nt 26, unchanged from the closo of tho tegu
lar common stock Inst night. Quite 11 num
ber of nrhltrage stocks mado their nppcar
nnce on tho tape during the morning. Tho
movements In prices nil through tho list
were narrow nnd irregular. Crnmp Ship
building gained 1 point. The company's di
rectors met today, nnd after tho meeting
It was staled that only routine business
wns transacted. I.nte In the day Cambria
Steel sold at 11 1, rt loss of 4 points.
Local Bid and Asked ri
t c
drill J (I
Buffalo & Susi
no pror 1 c
Baldwin
Klcctrln Storage....
(lenernl Asphalt ...
do pref
Kejstoiin Telephone
I.hUi Hup Corp
I.phtsh Nnv
I.ehlxli Vnlley ,
Lchlsh Valley Tr...
do pref
rennsylanla
T'hlla Electric
Phlla Co
do 5 per cent pref
do 6 per cent pref
Phlla R T t c
llAfllnc
Tonopah Belmont
Tonopah Mlnlns.
I'nlon Traction..
V (Ins imp
I' H Steel
Vorlt Rwy
do pref
Wm Cramp t c.
Today's
Bid. Ashed.
, . -"( 311
1 , (II in
. 52 fit
, on C.iMi
. 6.114 ,mi
as'll
1 !! Asked
, (II
1 lSli
4
, nn4
, 2(1
, 53!
, .Tja,
37
1 W.-i
1 4(1
, 'JO1!
1 OKtt
1
(III
ait!
HI
70
2614
461,
51
3JU
as
4o';
ns'5
i "
.'(i
on
52
lllli
(13,
21
HI
h0
n
?:.- 3
"ti
1... 0 7
.... 43 l Ian
, , . , IP0, DOS
...114 1141?
,... 15 l.-,l
, . . 37 3S
.... 87H .so
37
33
I II 14
2'l,
71
4314
nn'i
,m
6.1
51
61
6414
nn
ail
4BU
54U
32
32.,
37
41
30
ft
41
1 55 "s
H7 J?
DIVIDENDS DECLARED
Pupplep-Blddlo Hardware, Company, nuaMPi.
of lt per cent on tho preferred stork. paVahii
April 2. """"
Delaware, Lackawanna and Western Run
road, recular quarterly of 2'4 per icnt,
As Usual
Berkshire Life 100
Prompt Payments and in Full
YOU INSURE YOUR LIFE. What for? That
protection, sure, absolute and complete, shall .be
given to your loved ones, your advanced age or
your business.
The Insurance Field wrote to the Life Insurance
Companies of this country asking for the record in
the payment of death claims during the year 1916
and received replies, among which was the
following:
"The percentage of claims for 1916 paid by the
BERKSHIRE LIFE INSURANCE COMPANY,
of Pittsfield, Mass., without question was 100.
The inquiry as to 'Average time from receipt of
proofs of death and payment to beneficiary is best
answered by the statement that claims are paid on
the day completed proofs are received, except in
rare instances, when payment is made the follow
ing day." J. F. TITUS, Treasurer.
None better than the old and trustworthy
Berkshire Life.
E. H. PLUMMER & SON
GENERAL AGENTS
5 1 2 Walnut Street, Philadelphia, Pa.
CONDENSED STATEMENT OF
The West Philadelphia Title & Trust Co.
LANCASTER AVENUE AND FORTIETH STREET
MARCH 22, 1917.
RESOURCES
Cash on Hand and, Due from Banks
Loans' Secured by Collateral
Investment Securities
Real Estate ,
Miscellaneous Assets .v
$786,165.11
2,324,304.04
2,073,603,35
104,714.37
40,957.07
$5,329,743.94
LIABILITIES
Capital Stock . . . . $500,000.00
Surplus and Undivided Profits (Earned) 594,500.38
Deposits (including interest accrued thereon) 4,235,243.56
a i. , m $5,329,743.94
Amount of Trust Funds (kept separate as required by
Iaw $1,428,705.19
Augustus I
Christian G. Gross, Vice-President
Ralph I. Levering, Sec. and Treas.
Wesley H. Hoot, Asst. Treas.
ALEX. SIMPSON. Jit.
EDW. W. WOOLMAN
JOSEPH JOHNSON
CHRISTIAN O. CJROSS
ROnEUT PATTON
Wood, President
William H. Thorn, Asst. Sec.
Martin McWilliams, .Title Officer
Frankljn Chandler, Asst. Title Officer
DIRECTORS
SAMUEL- D. HALL
JAMES M. KELLEY
J. HENRY JAHKE
JAMES Ci. FRANCIS
WILLIAM oINXVRE
WM. R. NICHOLSON
PETER P. CARROLL
OEORGE MASTERS
SAMUEL L SMEDLET
AUGUSTUS I. WOOD
rr-r
ne hey M
The Key
to Sound Investing A
Protect Your Capital
By making use of the standard pub
lication, "Moody's Analyses of .In
vestments" you will be amply
protected from making investment
err6rs. Our system of Rating Secur
ities in accordance with their
strength or weakness, enables you
to avoid the bad ones and select the
best.
Send for circular No. 123
Moody's Investors Service
John Moody, President
35 Nassau Street'.NewYork
V - r- $
" ' ' i - i ' ' issTLms . 1 '"jJS
m
B Our Business Basis
We are investment trained. Our organization i
built upon lound business principles with a diicrim
mating tense toward good business in investments.
W" keep inconitanJ close touch with investment
affairf. We get facts. We study carefully men and
conditions behind nn investment. We analyze it from
every angle before we recommend it to our clients as
a good business proposition. We are our 'clients' per
sonal representative. ,n the investment field and their
confidential advisers in financial matters.
ftRPQKEKTOgEg po.
Mtmfcwa & v Pi3dri37ril-r '
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