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EVENING' LEDGJ3R-PH1LADEL1HIA, MONDAY, APRIL 30, 1917 "
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V. P.,
REILLY, MOCK A CO.
IIANKKItS
PENNSYLVANIA
TAX FREE
" AND
TAX REFUND
PUBLIC UTILITY ISSUES
NETTING FROM 5 TO 6.25.
DETAILED OFFERINGS
ON REQUEST
306 CHESTNUT STREET
riin..M)i:i,iMii
Suggested Revision of
The Income Tax
Important changes in. the
Income Tax Law have been
suggested by the Secretary
of the Treasury. We have
prepared a chart deal'ng
with incomes ranging from
$3,000 to $3,000,000. This
tabulation shows the sug
gested rates and amounts
in comparison with those in
force and those originally
levied.
A copy of this suceested sihelule
ent upon reeiuest for Chart PK 11"
TheNationalCity
Company
1421 Chettnut St., Phila.
New York Chicago Hon Krinrlsco
Boston Pittsburgh
Omn Finney
& COMKANY
AUTOMODILE BANKERS
Offer special facilities for In
dividuals or automobile deal
ers to finance the acquire
ment of pleasure cars nnd
for business houses to finance
the acquirement of commer.
clal cars or trucks. If you
are thinking of purchasing n.
car of any kind for any
purpose the FINNUY SYS
TEM will make a better busi
ness transaction for you.
REAL
ESTATE TRUST
PHILADELPHIA
BUILDING
E. E. Delp Grain Co.
GRAIN
Export nd Domtitlo FDTCnES
CormpondenU
BAKTLETT. Fit V.ZIKB CO.
CHICAGO
453 Bourse, Philadelphia
Private wires all Grain Markets
Members Chicago Board Trad
VMWVMWV
llECkERCo.
ANKERS
and
BROKERS
6th &. CHESTNUT STS., N. E. Cor.
JInbr or J'niia. stock Exchanro
Ulrect wire lo .Vev York
A
PRESIDENT'S PROCLAMATION
Booklet Edition on Request
REED A. MORGAN & CO.
WKST EM THIINT lILIMi., Pllll..
Membera of the 1'hlla. stock Kvilinnce
LKOAL ADVKRH H KMEN TS
KS KSTATJ3 Of THOMAS U. IIUKKE. Dl.
erased Letters testamentary on the
above estate having been granted to 'IHr W'KS I'
PHII.ADKLPHIA TITI.ITn. TltUST COMPANV
and KRANCKa M, HUltKK. all persons Indebted
to the said estate are requested to make
fayment, and those having ilalms to present
he lame, without delay, at tho office of said
Company, S. W. corner Lancaster ave. und
Fortieth at.
A I WOOD
President
' rt2S KSTATE OF OOTTI IMI STAl'I", III:.
3SC erased Ijettera lestnmentarx on the
above estate having been granted to Tltn vrCT
PHII-ADKLPHIA TITLi: t TIU1HT COMPANV
ail persons Indebted to tho aild estate nre re
quested to make pavment. and those havens
claims to present the same, without delav, at
the office of said Company. S. w corner Lan-
cicc Hre, nuu uriio.o su
a r wood
- . Prfsldent
1535. KSTATE OF EI.I.KN J.IIF.STO.N, DK
3 reased letters testamentary on the
above estate having been granted to TlfK W'HST
PH1LADKLPHIA T1TI.R & THUST COMPANV.
all persona Indebted to the bald estate, are re
Quested to make payment, nnd those having
claims to present the same, without delay, ut
the office of said Company. S. W corner Lan
caster ave. and Fortieth at.
A. f, WOOD
- President
VKSS-KHTATI. OF II. HOWAKll (Olrl.V JR..
ps deceusrd Letters of administration on
the above estate having been grunted to the
undersigned, all persona Indebted to the said
estate are requested to make payment, nnd
those having claims to present the same, with,
out jdejay. to HAI11TA COFFIN, Admlnistratri.
or to her Attorney, ""
i r. j. iiupnurtN. kiu, .
3J BHroad st., Philadelphia.
RSi KNTATK OF FANNY IMRRAm, UK
ps rrased letters testamentary on the
above estate having been granted to TIIK
PP.OVIDKNT I.IKI5 AND THU8T CmiPANV
OF PIlILAnELPJIIArall persons Indebted to
tho aald eatate are requested to make pay.
men., and those having claims to present the
same, without delay, at the office of said Com
pany, 0 Chestnut at., Philadelphia.
ASA 8. WINO,
President.
. j .
DIVIDENDS
THB SIXTH NATIONAL DANK .
Philadelphia, April .7th. 11)17
The Directors have this day declared a semi
annual dividend of Ote per rent, payable May 1
1S1T. to stockholders of record at the close o
eiwlnsss April -7, 1017.
Checks -will be mailed.
W1M..AM BAI.TKn. Cashier.
I-ANKXIN NATIONAL BANK ""
1 Phlbxilslnhla. Anrll a mtv
ovnciorsi osvb utia ur aeciarea a aeml
etlvid.nd ot ttn 10) per cent., frss of
uraoiaaiaj. 1. jkij, 10 aioc-noicMra) ot
, at. tbo clooo of business April SO.
win M ilea.
' t rr trlncvn -.ki
" .. .... ,im, i,.fiii,r.
-" NATIONAL BANK
1 . Hlhidalphia, April . 1S1T.
.ir;
T -eclared.a dirt.
). r-bl
lay iM,
Mr at raoor- at Ihs eloao
Ihs e
Utrc
-ffS Jii-i.
a.
CalAJl- JL ABJITUN,
' - Cashli
Cashier.
MAtltNATIRANK
Z
April. aa. hit.
.oaoia red. a divl
Jlor JUUvla-t sin
it
JsW-N
t atr
,. A. - . .
FINANCIAL NEWS
RAPID TRANSIT TRUST CERTIFICATES
TAKE THE LEAD IN LOCAL TRADING
More Than 2800 Change Hands and Price Advances to 30Yi,
Up 'Yi Nearly Everything Else Is a Little
Higher Cramp Declines
Tlu volume nt litiyllirnH vvns not lingo
In (lie Mailing on the Philadelphia Stock
I'xrhungc tod ty, but with feu exceptions,
itdvtuicen were In oidet Itnplil TrnriHlt
triiKt certificates, vvhleh hive tint clone much
for inino time, took on new life nnd ncutl
nil Interest was centered In translation"! In
that Issue More than 2800 ih.trei li.ul
tli itiReil handM ti to near the close, nnd
tho lithe wan up nt SO The niaJorlH
of transactions took place at 3Hij
AlthoiiKh there nai no dcllultc Infmmi
lion foithininltiK as to the caue of the
tutlvitv nnd strength of this Icoie the
opinion wan cviti'si-cd In linldeix of the
cirtlfk"itos that the puhlle ui becoming
more conllilcnt tint an agreement helwicn
tho loinpun and the rltj foi llm nplratlmi
of the new hlKh"p(ed IIM" mis Kr.nlnully
In Inn nipioa lied and that there was every
prohahlllH that Miinetlilni; dellnlte In the
n of f.mirnhle ihh would he autioumtd
mi I'hlladdiihla Triiethui n.is iinchaniiod
at TU. hut did not ilewlnp niuih moinentuui
.NcM to tin- Itapld Trunlt Auarli.tii
Milling a the iiiikI aitle home Mod,
on ik" aKKrK.itliiK mirl loin) yharts,
It ndxnneed h ilf n point to r I.ihe Sii
IHtlor Corporation after ndv anting to
PHILADELPHIA
MARKETS
GRAIN AM) I'LOUR
Will: VI- It-reints til .-,() I l.ui TIik mir
kt fulfil linn nn I further mlwiiueil ' lu
to lirht lftci tnH Hti 1 a .oimI i urt ilni mil
flotation ur loin in xjn)ri Hntnr Nn
-' r-il. r" JJ li'pii 1 Nn J Himthrrn ml J-'UIH
J lis M.'inn.T So J red Jtii.""l Nn .) ic-'l
J.'l't'i.' I'M rjt. it A fj sifi.'VJ rnjietnl II
S.' sKij ss
i'eHN Kr.ipts m",t lius 'I hero whs an
ntlvnno- of 1i in ihl.i iiurkt 'Uk to IlKht ofrer
lnit nnd a fclr ilemand ijuoi.itlnns Cur lols
for lot il iradf an to ltnatlon Wcflrrn No I
iHluw SI Tll I "I do No I vnlluw Jl hsl l.'l
ilo .No wiiim $i iiii vi "I" i-ijutliirn .N'u ,!
vtllow S) Hsii 7o
fllTu I,...,.... ,, n. t t m,.- ....-I...
.... , ,k, iriina vi iii iiu i on oiiiriti'i
I rulcil tlrm umlnr light nm rlni.s hut ili-mmil
I was onl tnoihratr Cjuolatlolis No 1! while
Miwslc rtimlinl whim. TufiMk No .1 whin-
IstjiTli, s, ,i,t, 7;hi;ki
i l.ni'II IticelptH Ho-, I his and 017 fill lh"
In sdikH Tin ri wis little trailltite hut nlu'
wiri ilrnilv maintnlnul (Juotallnns Winter
Hlralcht Slit) u "ii Kanm Oeir llJVitcll
iln utrutBht tll'nll'n 'In patf-m Jl.l '.!ii 1 1
fnrlnB tirnt char MJ "ntM l 1" pitrni
n.'ioWH ilo fcvorlti hranils illJUH-.
iltv mllln iholro anil ruin patent S14 J"iWl"
Hi: Kl.Oflt Was In nnMll nuppb anl llrmli
nelil We iiuoti ln J"ii 1 1 J'i per hhl" n U
'luilltj
I'ROVISIOXS
Thn inirket ruled llrm'wllh n fair Inl liliu:
demand The. quotations nn as follow
City Leef In sets nmol.id and nlr dried
.1"t V estern beef In seta atnoked .l."e, Clt
beef ktiueklen and temi'ra smoked and air
dried ltlc W'eali ru beef knuckles and tenders
smoked 3r,i nP(.f hams S1U61J l'ork
famllv, lis ADS IS Hams S 1". lured, loose
-5W-V4C do skinned loose, 'i1 fJJUc do
do smoked, .fl?ii2v Othei hiins smoVed
tltv eurtd s tu brand nnd aver.iue jiHiiJil'sc
Hams smoked westirn curnl -ipli) Jfi' , do.
boiled honeliss 3it Plinli shouldi rs S I
cured loose Jt, do Mliokc d 'e IllllliS III
pltkle nctordlns to nvcrace loose J"e llreak
fast nieiin as lo brand and averate dt Hired
3-'c Hrcakfast lueon estcln cored, 32c
l.drd westirn reilntd tlercts LMc do, do do
tubs 1' Ic Lard puro tlt kettlo rendered In
tiercel .Mi Lard ru o titj kettlo rendered.
In tuts jJc
KEPINED SUGARS
The market ruled nrtii l'ranklln took a
little I usIneKs nt 7 30 while the last nuota
tlon of Iho Pennslanla Suar Conipan wac
S 50c Uctlners were rtstrUtine ordtri
DAIRY PRODUCTS
nt'TTKIt Thro m a Tulr .lonitiM nml lh
mnrkpt rulftl firm nml l'fc WJt hthrr uthIt
IlKht rerriptH cjuotatlonw owtprn f n sh
iollI nut keil ( rnmcr) fittiM hppiIhIh, I4'a x
tra -IJ1! r4 1-a xtri UrBtK ll'at tlrsls
-Jili 8M(nni I lie nettrbj print a ihiic Kir
do aprnce tra 14 It 4" Ilrsts 4JrVA b nf
nnlfl 4M4hc Hpfilnl fumy brands ot prtntn
Joblilnir nt inff'ijr
1((1 Hulrd ilrm uriflor tnodrritp r-fppts
nnd mo1 ilnian. nnd prkt h advantfd 1" ppr
cape Quotation NHrh flrPtB ?1(l "n per
chp nc.irhj current rriflptfl, $in jn nor i mp
stprn cxtri tlrsin $10 l"i pr taw do tirnt
$ln Jll prr i HBP fltlM Hc tP(1 c tndl d .,."
rri jnMiinc at .'lfliT K'c pt dnpfi
riUKS,: (ifTtrliistf of iS-.rbie atnl- rr
llBht anil tIuph wvrr ull nulntatii'-d with d
ma ml fair Quotation! n Vnrl ful' -pn
fancj new liT1 tfJi-it hppiIhI hlkh r dn )i
fnlr to Rood nnn JU'-a fJ"c do, pirt nKlm
141?2Je
POULTRY
I.I VII I he market ruled stead) under mod
erite olTerlncs and a filr demTnd for ibslrthli
.slock cjuolatlons fowls hh to ouillo JJ'2
fl'Jte stasiev roosters ISfi.'Mi old roosters
lnci'17e ehhkens soft-meated JI17j"i( rtui ki.
Pekln jofuje Indian liunner 17W1K
Plseons old per pilr, jstraoc, do oun? per
pair, so'ft'J'ie
HHI:sm:i Iteiclpts were not heav hut
demind was llcht and prices of fowls wen '2
lower Quotations were as follows Pnwls J!
to box. dr-plck d fimj selei ted Jo do wttsh
tnc -t'j lbs and over apiee -"i'ji, do d 1
a'a lbs apiece lile do do .1 lbs iipbei J Ifii
L'li Kovis in hbls fanij dr-pliked velh
Inu V-2 Ihs and over apleic, -Vac smaller sl?i s
-JffJ'ic old roosters dr picked Jlc roasllii
ihkkens wistern drj-Iilrked In buxes velt,to
Ing 8WI0 Ihs per pair, L'7W.'be, do western, In
boxes weighing 7 lis pi r pilr -oftjclc ib do
In bids weikhlm; slo lbs per pair, J7'-'i-Ne
do do do weighing 7 lbs per pair, "llrJ'c
broiling chickens, vcestern in boxes, weighing
301 I lbs ier pair, -sif?3.'c chickens weighing
fiWil lbs per pair. -I'&J'ie do mixed sizes o
ft'L'Jc. broilers Jcrsiv, fancy numeric, do, other
nearby, weighing I'i - Ihs apiece 'o!far,",p
turkejs tier in rnncs western, J33c, fair
to g rod
airir.HC. old Toms "O&C.llle. niinmiii.
L'lm.'ts
fcc suual s per elo7in White weighing 11
lbs per dozen, $1 J"(i?4 HI, do, weighing j
1.
tlrlO lbs Her do7etl SI l,0ffel4 to. rin uelchlni?
lbs per dozen tSfos 10, do weighing 7 lbs per
rt07en, S2 111 ffriT 7'i, do weighing llf()lj lbs per
dozen. 1 7l-."-,0, dark $1 ."Oiifl i'O. smill nnd
Vo. 2, 30c Jl "
FRESH FRUITS
Cholie slock met with fair sale nnd values
general! ruled steady under moderate nffetlngs
(Quotations Apples per bid Hen Davis J3
l 1 7.1 llcldwln No 1 fl "5 n 4 "II do un
graded Ilfl',n eireinlng Xo, I .4 "01i 1; do
ungrndtd ITi 4 " Kings, No 1 JMii " "in. d 1
ungraded 11 fa I Wines ip Vo 1 14 Vilj it do
ungraded J 'itiSi.l "0 Apples northwestern
per box l"anc J.'fi - Au eholee $1 TiOW.'
lemons per box J15il Oranges Florida per
crate lirlgllt fane l?3 ,'(). Itusset fanr
."iii "4 poor, tint.'"! (irapefrult, Klorlda
per crme nslil Pineapples I'orto niio per
crate $.l'ir4riO Mrawlii rrles North Carolina
per qt IoL'-h
VEGETABLES
The general market was eiuiet and vclthout Ini
pi riant 1 hange Quotations White rotaloes old
- Pennsylvania, choice per bush S3 J1W3 40
N'w Vork, choice, per bush , SJ '33 4, Maine
choice, per bush, $ I (03 .VI, Jersey, per
harket IIMfflK White ; potatAes; new, Ffor
Idi per bbl No 1, S. No .', f88 Bu, cullo
frt7 bweet potutoes Kastern Shore, per bbl
No 1 IJI WOI. No 2. Sl.r.03 Sweet pota
toes Xielawaro and Maryland ner hamr"--No
) II 71O.' 2 No 2 SI -'.' nil 11 culls Si'
Sweet liotatoes Jerse per basket No 1. St 2S
17.'. No. 2 50 9 (13c rinlons. Texas per crate
No. 1 SI -"., No 2. S3 7SW4 Onions old? pee
10O-lb. Uig. S510 Cabbage Florida per
hamper lW4 2i, do California, per trato SJ
ft 10 Spinach Norfolk per bbl.. S20J Ml. do
Texas per hamper. 11,7102 Kale Norfolk
per bbl, $1 7riWJ. Cau mower, California, per
crate il..10 I 7S Ithuharb California, p"
box. Sl.j'iftir.O Lettucei Florida, fancy, per
basket. SI 7.12.2.1; do, do, poor to good, per
basket, S11 SO. do North Carolina, per basket
SI 6002 Celery. Florida, per 10 Inch crate St
fvu. Uenna Florida, per basket Green 11.73
2 23: wax. SI. 3002 50. Fggplant. Florida.
ier box Hell Sll, Pepncra, Florida, per box
3 6004. Squash. Florida per box. Si I 50
Peas, Florida, per basket. SI 7.102 J". Curum!
bers, Florida, per basket, SI, 7302. Ueets. Mor.
Ida, per lnu bunches. S40. liadlshes. Norfolk,
per basket. 21ePSl. Tomatoes, Florida, per
crate. 3 BO03.7S. Asparagus, per dozen
bunches Colossal, S4M.1; fancy. S2 GO01
choice, SI, 500.' 23. Mushrooms, per 4-lb. bas
ket. I1.40OI.TS.
Cotton Buyers and Sellers
NUW YOniv, April 30. May Bartlett
bought; Newman rolcl.
uly Hentz, R. Hubbard, Ilyman, W.
aumoeiis, Newman, McGee nnd Lovvensteln
bou.ht : AVIlson, Hannemann, Schley, Atoun
tree. Mite-hell, Harnett nnd Olovcr sold.
October Wilson. Kelffer, Clearmaii.
Itountree, Newman, Burnett, Itosenberc and
Schlll bought; Downs, Orvls nnd Mitchell
sold,
December Schlll, Munda and Deacon
bought; Wilson, Hopkins, Clifford and Illack
cold,
anuary Downs, Parrott and Schlll
bought; Mitchell und Rosenberg- sold.
March Lehman, Kchltl and Wilson
bought; Rosenberg1 and Hartcorn sold.
P1KBCTOBY OT ACCOPNTANT-
CoctMU- PoMX Awt--t
19,. lost n trifle nnd held nt 1'i'a. up "
iiunrter Camhil.i Steel calned ' I.ehlKli
Valley Itallrond uhlih had been weak the
latter put of hint weiU, Rained more than
a point nnd l'emiH luiiilu mis up n frno
tlnn Philadelphia llleitrle. Tonopali Mill
Ins Illeitrlo Stoinse ltitterv and I'nlted
Uiis Impiovemunl ueru nil until tiiKed
I'nlted states Steel common reached 116'2
In the foienoon, hut latei i cm led to lli
whkli was i nhore .inturdaj'n iloe Sales
were not larne the total belmr milv n little
more than l.'iOO shaics William Crnmp
tttist ceitllkates woe one of the few Issues
leeotdlns dei lines Tlu sold nt ST, off U
There was furlhei talk .u the Street of
the pro'peits of nn ndvance to I per cent
In the enrU future for tall money And
while no definite nctlon was taken by the
larce banks the opinion was expressed
that eer. IndUatlon points to n hlKhei
lato helnij ihaiKed soon One of the laiRe
downtown Institutions Is now charslnR 4
pei cent for new piper, and, It was pointed
out todaj lij heernl bankers that, while
the New York rate s.iRRed after leaching. 4
per cent, theie was ecr probability that
It would toon harden nRaln This would
naturallv brliiK about the expected advance
In this elt
COTTON ADVANCES
AFTER POOR START
Reports of Decreased Acreage
Bring Buying of New Crop
Months and Prices Rise
(in ion iihi.r w i:tiii n comhtmins
M.W illltk nrll 30 Temperatures
vcere somewhat lower In the northwestern
see lion of the cotton belt this morning. It
wns clouilc In the western section unci clrnr
Inrnuklioiit the eastern part
The following tempi rntiires were recorded:
lll.ljhnmi I Itv. tli Millene. IGt Kalrlgh. ...'!
AshrtH'e, .lit Fort Smith, Kit Vmlullle. AHi
Himwllle ImtbinociKii und W llmliigton. Mil
I lltlo Kin k d(!i Memphis Mcksburg Mont
getmerc August 1. Mlltiti I liomiisvllle nnd
I hariestou, (iKi .liickMinville, shreveport, Del
llio nnd lllrinliiglium, l)t Tnnnii. sun
Antonio, (oilveslon, M icon nnd New Or
leans, 77t i eirpus ( lirlstl, Vliibl'r rensacnlil
and suviinn ih 71,
lliere vcas 01 Inrh of pree t'lttatlon nt
Wilmington .7(1 bull nt Ulivlllr unci Okla
houit ( It und .78 bieli nt Fort .smith,
N'i:W YORK April 3D Liverpool cables
did not advance as time It as due but the
openltiir here was xle.id.v and prices showed
dec lines of onlv 2 to in points Commis
sion houses New Orleans and rade In
terests were Rood buvem, nnd the "iipplv
came from room traders, Wall Street nnd
l.lveipool
At the time of the start here Liverpool
was about U points net hlKhei,; pi lees
were due to come 28 to 30 points up.
A private cable slid theie was some cov
ering apralnst cotton sunk and ronslcieiable
short covering and ttaele calllnir was met
by laiso lone liquidation cm scale-up limits
Reports of dec teased auoaKO seemed to
bo brlnsliiK In more limine of new crop
months, with October sellltiK up to 19 27 or
7 points net hlnhot 'J'd crop deliveries did
not full respond to the stictiRtli of llm
later months however and turned easier
after 11 o clock under active liquidation,
part I v In the vvaj or stop orders This un
settled tho tone of the edict al list, with the
market nervous 1 ilci In the mornlne
One of the private wires received from
Teas predicted a decrease of s per cent In
ncreaee and a numbei of local cotton men
who have tetutneil hcic from the South this
mornlne expressl(i bullish Ideas of the new
crop outlook
.Sat close Open High l.nw Close
Mil .'0.17 .0.0 20 II 2 I "1 20 Jl
lUl JO Jl ! Ill JOIM lOPt JOIII
(li tnber l'l to 111 Jll I'l VI 111 17 I'l 2J
December 111.17 1'IJI VI III 10 21 l'l 2li
innuar 111 11 10 Jl m 10 111. 'I pi 11
March ill .Is l'l IS 111 Is 10 Is
Spot Jll 111 11 -,-,
Liverpool Cotton
UVKRTOOI, April 30 A fair business
was done in spot cotton today on the btsls
of 13d for mid-upland, an advance of 12
points The sales vveie 8000 bales, includ
ing 6700 bales American Tho lecelpts weio
1(1 (100. including 8800 bales American Tim
market for futures were barely steady at
a net advance of 4 and 9 points
Aeroplane Awakens Bellefonte Folk
m:i.M:FONTK, P Apill SO A mini
ber of Bellefonte residents were startled
out of their sleep In tho passine of nn
aeroplane oer the town. From the loud
vvhlrrlne of the motors the machine waH
llvlne low and almost due west No liehts
could bo seen
The Government Loan
Mexican War
0
N April 26, 1846, the United States declared
war on Mexico. The financial condition
of our country at that time was not
strong, and President Polk, and Secretary
Walker of the Treasury, resorted to the use of
short term Treasury Notes and Stock, the latter
bearing interest at the rate of six per cent, per
annum.
The total indebtedness incurred by this
country during the Mexican War amounted to
$43,000,000.
Economic developments following the war
led to a period of extraordinary industrial pros
perity only to be checked by a change in the
fiscal policy of our Government, which resulted
in the Panic of 1857.
However, the debt contracted in conse
quence of the Mexican War was paid in full by
1874. The conditions of today are markedly
different, the credit of our country stands at the
highest in its history, and its obligations are the
strongest and best investments in the financial
world.
Subscriptions to the new Government
Loan, when offered, will be received by this
Company without cost to the subscriber.
CommerciaLTrust Company
City Hall Square
Sales in Philadelphia
Net
chge.
W
IIIrIi. Low,
Close,
nun am .inning n 11 o
h Am lts pf 01 01 ot
Cnm Steel. 11314 ',4 ,3V V
10 nice stor, Ai (IT ai
300 Krlo 2714 37 ,, 27 A
74
II I nn Co N A 2
00 I.k Sup C. Ill 54
10 I.fh Nnv, 70
Si I.ch Vn .. 01
100 Midvnln ,., 077n
23 Mlnehlll .. S
loo Miami Cop 4314
007 Pentin R R 3314
10 Pa Salt M. 041,
00 1'lill.t Co.. 34
1.1 do cum pf 37
73 I'hlla Hlec. 32 '4
2020 1'RT tr cfs. soli
81 Phlla Trnc. 70
to Ton Mln . 04
10 I'n True . 43
ll I'n (i Imp. 804
2A 20 ...
I014N1HW
70
3?i
37T4
37 '4
43V4
VA
lll'i
31
37 '4
31
30'4
70
'i
41
70
01 114
37 Vm
(I7H 14
4.1V4
3114 ',4
n
.14 Vi
3514
32
30"i
70
011
13
8014
iiort
nnv.
014
80 14
Vt,
' 14
1",
A
1 '4
Net
(hge
f4
"Ji
1
804
2370 V S Steel. Ilfla, MSN.
20 L'tali (op.llfli4 I10V4
210 Wnr I & S 04 014
no Win Clamp 87 Hfl'4
IIOM1S
. .. . Hlsh Low
Close
91Va
01 Vt
niiiini Allegheny
Vnl Is 0114
300 Am (Ins cS.
i:i os ... mi,
1000 Bald Loco
1st Cs . .101
2000 Llec . I'eo
Tr 4s .. 82 14
2000 Key Tel 1st
or . ... 0714
SOOO I.eh Nnv
cons t'is 101
0000 Lehigh Vnl
04
inn
lilt 101
824 85'j "I 14
07 4 07 1 -i li
101 101
cons 41.S
2001 . . .
looo Nat Pi op
100
077i 07'Ji
l-fis . .
2onoo Penna fo
temp ctfs
4is ..
fli
01
07
001, e1
103?i 1014
81 81
3000 Uo cons
Has . . 1031
10000 l'eo Pass
t c Is .81
3000 Phila Co
cons 1st lis 102',
700O Phlla i:iec
1021,4
).
1st r,s 101 Vi I0H4
1000 Read cell
li . 031,
looo do 2d Ks .Km
lnoo Vn Rwy
Inv 5s . o'i.
0!W
108
Oil
108
not, 094
l.x dividend IoiItv Lehigh Navigation 2
per cent Lehlsb V.il Transit preferred l'
per cent and Warwick Iron and Steel, 3o rents
Financial Briefs
There have been placed on the regular
list of tho Philadelphia Stock i:clinngc ad
ditional shaies of various companies, as
follows 131,000 American Teleeraph and
Telephone, 512800 Interstate Rallvas pre
fericd, nlsn addition il SK'j.UOO 5 per cent
bonds of tin Midvnle Steel nnd Ordnance
Company and addition il Cirnril Tiust C0111
pan deiinslt receipts for J42.75U Lelilgli
Vnllev Transit preferred and $17,'JUI)
common
Tho Hercules Ponder Compan.v reports
for three months ended March .31 gross re
ceipts of $13,148,610, against $12 300,298
for tho sainti iiuaiter last ear. or an In
crease of $1,21.' 311 After deductions for
manufacturing expenses, extiaordlnar re
palis, 1n.1lntcn.1ncc and depreciation net
earnings show a deficit ot $3,08.',297 Tho
rcpoit continues 'This quarter marks tho
completion of the carlv and more prolltnblo
contracts for military explosives nnd tho
beeinnlng of manufacture on lower-priced
contracts Pioflts are, therefore, much less
than In tho tot responding period of last vear
and higher than can be expected in subse
quent quarters of mis jear "
Cross earnings of the Citizens' Traction
Compiny foi the month ot March vveie
$10,007, against $34,775 for the same month
last c.u Net cai nines decreased $799
Cross earnings for tho twelve months ended
March 31 weio $171,888, compared with
$197,717, vvltli net for the period Increasing
$026J
The New Vork Subtreasury gained $197
000 fro mthe b-inks on Saturday making
a cash net Rain since Friday of $5,265,000.
Copper Met.il Advances
Ni:W YORK, April 30 Quotations for
copper metal show an advancing tendency
and the tone of the market Is firm The
upward trend Is due to tho good sties that
were made late on Kilday and early Sat
urday About 2,000,000 pounds of coppei
for August nnd .Septcmbei sold late on
Friday at 26'- cents per pound, nnd the
business done by one Inteicst In tho two
dnjs neercgated moie than 3,000, 000
pounds Lending producers and dealers
nre Inclined to quote July copper nt nbout
:9'jT(30 cents per pound, while August
nnd September clcllveilcs arc hold nt about
jsi.flll cents
WHEAT PRICES DROP
AFTER GOOD START
Fears of Government Regulation
nnd Improved Crop News
Force Lower Bids
ORU.V I1KI.T WKATIir.R FORECAST
rillC.M.O. April 30. The weather fore
east for Ihlrtr-slx hours!
Illinois Knln lonlxht, noLVSRhnt colder
west nnd south tomorrow,
Missouri Kaln this afternoon, fnlr to
night, with frost In enst, . ,
.Minnesota Lnsettled unit rolder (onlght.
fnlr tomorrow.
loivn ( Inudy In west nml central sec
tions tonight, ruin In the east nnd probable
frost In west tomorrow.
North Dakota Colder tonight, fnlr nnd
wnrmer tomorrow.
Smith Dakota I'alr tonight nnd colder
tomorrow,
Kansas nnd Nelirnskn t'nsetlled tonight
nnd tomorrow, continued cold,
CHICAOO, April 30. Talk 'f labor dlf
cultlcs In Germany, fears of Government
regulation nnd Improved crop nevvs'foreed
n sharp drop In wheat today after It had
dlsplajed renewed strength early In the ses
sion The close was mlzed, with May 3c
lower. July higher nnd September easier
The high point on May, $2 78, was made
nt the opening and It fell to ii 70, closing
at $2.71, ngalnst $2,74 nt the end Saturday,
tho best on ,lul vvns $.'.31, the bottom
$.'-'31, and the final $-'2Gi, to $-' 2T. ; .
compared with $.' 2" at the closo Satin
clay, the top on September was $195, the
low $1 8G-2, and the close $1 89 to $1 S8B,
ngalnst $1.90-, Saturdays l.mt pilcc. The
top prices on Saturday vveie $J791 for
Mav, $2.16 for July and $2 for September.
The big trading toda wns In July, but
even In this position the volume of business
was not large
Commission houses urged their clients to
bug the shore Closer observers of the
market Bald that .Jioirdlng on the tnrt of
panicky housewives was paitlally ie
sponsible for the great upuatil movemrnt
Authorities on llour said that the demand
for tho staple should bo fnlrl well satis
fied in the next two or three weeks nnd
with consumers supplied for n lone tlmo It
was natural to assume thnt there would be
a reaction
There was talk ot bringing Canadian
wheat here for delivery on Mnj contincts.
but the difference Is not sufficiently wide
'to wan ant such nctlon There will be no
deliveries here tomorrow on May contracts
The decision of the Kchango ut Winnipeg
to testrict speculative operations lost Its
Influence In the Initial dealings when the
market vvns strong
Dealings In corn were restricted to trad
ers having been Interested In the erratic
movements In wheat Prices moved Irregu
iarly, opening caslei, developing Amines
and then weakening, closing firm
Oats also vveie Irregular The market was
strong nnd nctlve early, hut the ndvance
was lost Theie vvns a iccovciy fiom the
bottom May ended unchanged, but July
and September finished a little lower There
is little prospect of deliveries on Mav con
trac ts tomorrow ,
Leading futures ranged ns follows
Saturel i'h
Wheal Open High Low. Close close
Ma). 'J 7N 2 7s 7o 2 7t 2 74'j
luh 2 111 J. II J 211. 2 2tl'i J 211
t-eplcmber I li l' 1 111 1 Ml'j I s'l 1 Ml
e'orn (new deltcercl
.Mil
1 4V, I .-ill', 1 k 1 I'lJ.tt .".0
1 11 I 4I1J, 4, 1 41'. 1 III
.tulv
I i'i i I en i i -i i i ii1, i in
1 3S 1 ,l'l 1 3-,l, 1 lll, 1 I7l4
bcplembe r
Oats
Mav
.luly
September
Julj
Hcptember
lilts
Mi
luh
beptcmber
Cork
Mnv
70
.7
(14
.Ml
tfls",
l.l'l
FH.-.
r.7'
21 SO
21 'in
J I 'I".
'.0 do
.0 Sll
20 SI
IS 20
21 S7 21 lil 21 7 21 77
2J no 21 so tJ- oo j iij
.'.' lo 21 'mi jj 07 nn
20 lil I
JO Si
2(1 03
3K 21
.is 70
211 47 20 l.O t20 I (I
JO 7o 20 SJ t-0 HJ
JO 77 JO IIJ 20 !
IS 20
3s II
38 22
3S 70
38 00
:is 7o
Jub
IH iO
Hid tAskcd
DIVIDENDS DECLARED
(leneral I'ireprnnllne Company, regular nuar
terlc of 1' per cent on preferred und common,
both p,iable Julv 1 to stock of record June 20.
Philadelphia National Hank, regular or A
per cent for last six months, poable .May 1
lo stockholders of record toda.
Boston Clev.ited An cents, pajable May IS
to siorlt of record Mav 2
Cripple Creek Central Railroad Comnam,
re-gulir ciuarterlj of 1 per n-nt on preferred and
I', per cent on common, pajable Juno 1 to
Mock of record .May 13
BAR SILVER
. , '"""t 1017
Todaj Sat on High Low
New York (cents) 74. 74l, 7J', 7ti 71"
London (pence) . 37J 37,. .17 .18,', .v.ij
National Shipbuilding Co.
of Seattle. Washington.
Capitalization: 200,000 shares par $10.00 $2,000,000
Issued, 25,000 shares. In Treasury, 175,000 shares.
No Preferred Stock, Bonds or Mortgages.
President: F. G. FISHER, Tacoma, Wash.,
Capitalist,
Vice-President and General Manager: Cant.
0. D. TRIEBER, Seattle, Wash., Naval
Architect and Marine Contractor.
Secretarji and General Counsel: GEORGE A.
LEE, formerly First Assistant Attorney
General, and Chairman of the Public Serv
ice Commission of the State of Washington.
Capt. 0. D. TRIEBER, Vice-President and
General Manager.
LLOYD JOHNSON (designing and construc
tion), formerly on the Construction Staff
of the U. S. Battleship "Nebraska" (built
in Seattle).
The National Shipbuilding Company is now building ships on a
highly profitable basis and is offered many times as much business as
its present capacity will permit of accepting.
The management of the compa'ny is in the hands of men of wide
experience in large affairs and of unquestioned standing.
Shares in a well-managed shipbuilding company offer the great
est opportunity for highly profitable investment ever presented in any
manufacturing industry.
Ships are selling at from 100 to 1000 profit.
For the purpose of increasing its output, and to enable the com
pany to accept a greater proportion of the business tendered
q i Teiffnnrthe Jlnsold portion of 100'000 shares of its Treasury
stock at $10.00 per share.
Reservations may be made by telegraph
Application will be mqde to list this stock
CHAS. E. DODDRIDGE & CO.,
Finance Building, Philadelphia, Pa.
LOCAL LOANS INCREASE
Indivldunl Deposits, Reserves nnd Sur
plus Arc Smaller
The Philadelphia weekly bank statement
today showed the total loans to have been
$560,270,000, nn Increaso of $8,336,000 oer
the previous week. Individual deposits de
creased $B,027,000, the reserves held de
creased $11,731,000 nnd the surplus dropped
$11,006,000,
Details follow:
April 30 '17. Decrease. May 1. MO
Loans .. . , $".flo,27li, non,s,.nn ooo $r,iri,22n noo
Dents (Ind 1 4lio 331 ooo r. tiJ7.onn i37.211.noo
c ircuintion ,..,oo(i
Due from
hanks .. 03,118,000
Deposits of
7,0(io
11,(108,000
r.,71 1,000
7,398,000
5.4M 000
78,813 000
181,328.OU0
linnlen
1711.101,000
Lx Clearing
House
lies, held
lies rend
Murplus ,
"".idi nnn
31,821 000
112,411000
17 nss nun
:il,737.(K)
loi not (100 11,711.00(1
sj on ooo ni i noo
20,090 000 11,000,0011
Hurpbis .Mny .1. 1013, was $3(1 201,000: Mav 4,
1014, $14(17,1000, April 29. 1013. $7,033,000!
April I'll, 1U12, $12,183 0011.
.HONEY-LENDING RATES
M1W YOIIK Call money opened nt 2'i
per cent for lending nnd renewing.
Advnnces of U cent lmso been made In
lime money In the bid prices for ninety
dns nnd In the asking figures for foui,
five nnd six months on good mixed collat
eral For sixty das the quotation Is un
changed nt !. tfT 1 per cent ,
Other prices nre Iff4'( per cent for 90
elavs nnd for four, five nnd six months
41) 4 '2 per cent.
I'llll. UH'.l.rillA Call, 3i per cent.
Time, 4' 2 ft 5 per cent. Comnerclal paper,
three to six months. 4'5'g'4 per cent.
LONDON Money 3; unchanged, dis
count rate short bills i unchanged, three
months 4 13-16 unchanged.
-increnee
FOREIGN EXCHANGE
Ni:V YOIIK. April 30 The market for
foreign exehnnge was dull nnd In the main
ennlcr. Trench, Itnllan, Scandinavian nnd
Tlusslan exchanges all worked easier,
Sterling, Swiss and Spanish exchange held
steady Quotations were:
Demand sterling 4 73 0-16, cables
I 76 7-16, CO-dny bills nominally 4 72, 00
dnv bills 4 70
Krano cables C 71 ' , checks 6 72 J.
Lire cables 0 93, checks 6 06.
Swiss cables S I'. checks f 13',j.
Guilder cables 11, checks 40
liublc cables 28. 2-', checks 28 13
Pesetas cables 21 SO, checks 21 70.
Stockholm cables 30, checks 20.S0
Chrlstlanla cables 29,40, checks 29,20,
Copenhagen cables 28.40, checks 28 20.
RANK CLEARINGS
Flank clearings loelay compared with corre
sponding clnv last two jenrs
1017 lnin mir.
Philadelphia
Iloston
New Vork
Chicago
lliltlmore
St Louis
$1J 217.W1 $40 0711 sol $2 jus on
an .1111 K17 20,N'.-i 0S7 3R fin 084
30S 011.4JII 341 0'l .170 ri07.ClfiS.210
S'l St J 4'IS 7J 1104 .111.' 71 SKI 1110
nr.uniD 11 :iji 2m 7,101,4111
217'M1,1JS 18 011,147 20,.1J8 (118
More Gold for Cuba
Ni:W YORK. April 30 I'nlted States
gold coin to the amount of $50,000 was
withdrawn from tho Subtreasury for ship
ment to Cuba todaV;
Paris Bourse Firm
TAniS, April 30 Tho Bourse was firm
today.
FOUNDED 1865
Provident
The
Life and Trust Company of Philadelphia
i
Greatcr-than-avcrage financial
advantage. Another is more-than-average courtesy
in Trust Company practices.
FOURTH AND CKi-iSTNUT STREETS
OFFICERS AND
OPERATING STAFF
BELL TELEPHONES sPf- 5185,
APRIL CLEARINGS HEAVY
Totnl Is Second Largest ot Any pP
viou3 iMonth , 41
T-Onnl ha til nlnnc Itirrt 1 1.1-
$1,410,313,428, the second laigest V' Wer
month, nml .o,M!,ei. .. 1. ...... ?r any
month, nnd comparing with $l,001,5ii
in ..I'm, earn, Mini 4in, 181,166 p Vr,7,
A?.1;',. . .c" . ".."""..":'. wl- Mill??
... ..,.,. n, ,ln cc-ciii, sun claims th0 reo-Ji -
January
1'ehruary ..,
.March
April
Mny ,,,,
June ., ,
July
August
Heptember ,,.
October
November ,,,,,
December ....
Twolvo months
1D17 ..--
1:DT:S1:?? "-SffSa.!,
1.41.7,010 0111 1 ifjfJS;
1.410.31.1, us i,!!,,?:?.;'
I.MOtiiJ!
'::::::::::. iv.--.:m
::: "mss.
:. ..: : ji'.'.isi.i
in;,;.'?
I'lui; a,
.OS3.317.71
NEW YORK COFFEE MARKET A
"-""m "i" ". 1110 market tori
coffeo futures opened firm. 8 i m .1 3
higher. Trading on the call ns moderaWi
nctlve. sales nmountlng to C750 bags tJM
ndvnnce vvns due In n me-, ,,.... . .. ' .'n HI
Itlos cnbles. lne n"
Todaj
Opening.
May . ,
Juno , . .
July . ..
August .,
Heptember
October ,
November
Dei ember
Tanuary .
Pebruary
March .,
Hid
- 1 Js ",,s
8 185? 8.26
' R 4nw'H4J
8 411)8.10
Rill
R .17 WR 00
S (,08 0(1
' 8 728 8'.R0
LOCAL MINING STOCKS
TONorAH STOCKS
MncNnmara 117
Midway I..,, lij
Mlzpih Extension n
Mbntann in
North Hlnr n
Iteseue Hula ,21
COI.DKIKLD STOCKS
Illue Hull IIJ
Hontll 117
Comb Traction ni
DlamnndHeld II 11 1
Daisy . 01
Ore) .... .02
Sandstorm Kendall . . . .03
Silver l'lrk ... .11
.MISCL'I.LANKOt'S
Arlzonn United 38
'Iccopt Mining . . ,2J
31
NEW YORK RUTTER AND EGGS If
NUW lOrtK. April 30 lit TTKM -
nfcelirti,j
01J4 tubs Higher and tlrmer . Higher scorini If
4P4e, extris 4Jije. firsts. 4I)H fil.T, seconaiS,1
.1811401 Ktato elulrj. Iliel42c, Imitation cream' T.
crv, 1-1 'ic , ic. , j
KCU'C Iteeclpts 2.1 SPO cases Firmer Ex.'j
(ras. ,17c storage 11 "it 1(P e . firsts .tit. aI
14'4c seconds Ufillc white, 10'. J:t.a
brown 368'37c, mixed color, 3 lit? 3V jc. ...'
lib,
LIVE STOCK QUOTATIONS
Market slow fltfUic lovwr. Mixed and hutch. ,
era", $1.1 21(51.1 RI. Bond, heavy. $13 21 til 11 to '
roM-M henvc. 1.1 21P 1.1 4.1 lloht, 111.708'
15 7.1, Pigs $10571,1 00, bulk. $lfinn15R0 vw e
CAT r I.K Hecelpts. Ill olio Market steadr l
lower llecvcs. $8 8,"i&13 40, cowa and heifers, J
tlllftll Till Mln, Irerv nn.l feeilera t?7i.ffflin...
Texnns $0 7.1511173. ealves. $105711. r.O ' 'J
SHKKI' Hecelpts. 11 ooo Market lOffJJa
higher Native nnd western, $0,;013, Iambs i
$12 735T17.
No Change in Sugar Prices
XnW YOltK, April 30 Fine granulated
bugar lemalned unchanged, with the Amerl.
can Sugar Tieflnlng Company quoting at ,'
7 50c The last sale in Fpot Cuban raw
was nt C 21c. ,1
strength is one great Provident
DIRECTORS
Treasurer: EDWARD MEATH, Tacoma,
Wash., Stato Treasurer, State of Wash
ington (1012-1916) j Vice-President Pacific
Building and Loan Association.
Hon. Judge W. W. ZENT, Spokane (Director),
President, Spokane Bar Association; Ex
Judge Superior Court, Spokane.
DLAN JOHNSON, formerly Superintendent
, . ,.V,'tcm sh'P Yards, British Columbia.
JAMES McKAY, Assistant Superintendent,
for twenty-five years in the employ of
boat building concerns on Puget Sound,
J. J. JACKSON, Yard Foreman, formerly fore
man Victoria Ship Yards, British Columbia.
)
i
U MOe'S.
I sprue 1641
U-
" V -i'ftiM'
tj.?
5
MA,.:
l-i