V ' N" ), w . , . ti . ;;' ' i... m i--i Ss SS"r 5 g? .a- ! I I & HT DP H& i,. itv j KC- 1 p ASK, . L rp PbS (-. isS v ' rca- W&i' KoJ, jCf' J'.. - . ' "I , " . " ,v: i '. r PHILADELPHIA ELECTRIC COMPANY FIRST MORTGAGE Vh BONDS I9C6 PRICE, AT THE MARKET, TO NET ABOUT 4.92 FREE FROM STATE TAX IN PENNSYLVANIA AND THE COMPANY HAS INDI CATED ITS PRESENT IfTCNTION OF PAYING THE NORMAL FED. ERAL INCOME TAX. REILLY, BROCK & CO. BANKERS 306 CHESTNUT ST. rillt.MIF.M'lltA FINANCIAL NEWS GENERAL DECLINES IN WALL STREET; VARIOUS INFLUENCES RESPONSIBLE Unsettlement Brought About by Uncertainty of Russian Situation Some Issues Fall More Than Seven Points Selling of Steel High Points in Today's Financial News Stock market unsettled by character of news, estimates of heavy sub marine destruction having much to do with stock movements. General decline in prices. Curb followed bit; board. May wheat at icw top mark. Cotton low. Call money reached i't per cent in Wall street. Price of bar silver higher. .OJ.eiarK$Co. BANKERS . IJMISUIUWJ lkJ 221 Chestnut Street Philadelphia MNFiNNEY & COMRANY AUTOMOBILC QANKCRS Offer peclal fncllltlf." tor In dividuals or automobile deal ers to finance the acquire ment of pleasure cars and lor business houses to finance the acquitment of commer cial cars or trucks. K yuu are thinking of purchasing a car of any kind for any purpose the FJ.WN'UV SVrf TUM will make a better busi ness transaction for you. REAL 'tTATE TRUST BUILDING PHILADELPHIA Odd Lots In the buying or selling of odd lots we give the same careful attention we exer cise in the execution of larger orders. Armitt Brown & Co. 1424 Walnut St. Members New York Stock Exchange Philadelphia Stock Exchange New York Cotton Exchange Chicago Board of Trade NEW YOIIK, May 3. The stock mnrket wan ucutely unsettled by the character of the morning's news, IncludltiK the estimates of tho tlesti uctlon by tlormnn submarines nnd (he xtntemctus Indicating uncertainty over the Russian situation nnd IlusHian tclatlons with Germany. Various other Influences, Including the reported congressional opposition to advances' in rallrond rates nnd n belief that the niacins of the $2,000,000,000 bonds on n single offering would cause tension In the money market, contributed to encourage be.ir selling nnd to make speculative holders uneasy nnd anxious to close out their accounts. The nddress made by Daniel Witlard before the Uoternors nt Washington icspcctlng the railroads bad much to do with the pilco tnoviments of the nrlous railroad stocks. Mr. Wlllard pointed out that while the rallionds of the country were being operated by n committee of live, they were not guaranteed dividends, as had been done In England when the inlhonds were taken ocr by the Government. The natuinl result of all those Influences was it general decline In security values, with some Issues falling more than 7 points and a large number declining from - to fj polntR. Thore w.ih "-oiling of United States common coming from u vigorous bear group, tin which that leading industilal declined more than 2 points to 113. Tho Marine Issues were influenced by the submarine activities, with the pre ferred stock falling 34 points to 7GV Hallway Issues showed a lack of sup port, which was the cause of n good deal of comment. Delaware and Hudson sustained the greatest los-, falling 8"v to 107'4. nnd declines of 3 to 4 points were tecorded In many other Issues, Including Heading nnd New York Central. There was n further decline In Third Avenue, that stock selling down to SI, and Hrookbn Rapid Transit, although still on a G per cent dividend basis, sold below 60. The copper stocks showed n resisting power nt frequent Intervals during the day and tallied iiuickly after modeiate declines. Industrial Alcohol was alto Well supported, holding close to vesterday's final price of 110 until late In the dav. when It had a sudden break to 112', followed by a rally to above 111. The Hading In fnlted States Steel all thiough the day was on an extremely largo scale, with Tost A Klagg buying 15,000 shares, which wis almost offset bv n sale of 12.000 shares by Toole, Heney & Co. The bond market was hcav all thiough the day. with Anglo-rrcnch Hs belling down to 9J't, nnd lower prices being rccotded for all tho other foreign i&sues. Pennsjlvnnla 4,is certificates told at 96H to 90. CURB BUYING ORDERS ARE SCARCE; NATIONAL CONDUIT DROPS TO NEW LOW NEW YORK. May 3. Dealings on the Rroad Stteet f'uib were naturally Influenced by the unset tled condition of trading on the New York Stock Exchange. Uuylng orders were scaice In many of the stocks which had recently been active, nnd theie wcie sevcial Issuci in whlili reasons prevailed for liquidation. Among these was National Conduit, In which deliveries were to be made today, causing receivers to reek a matket, with tho result that that stock dropped from 32i to Si's, a new low record. Air Reduction was another weak feature, falling frcm 71 to 72i. The Russian bond Issues wire both weak in sympathy with the fall In Russian exchange to the new low recoid of 27.75. Many of the oil stocks were in supply nt concessions, with the Standard Oil Issues generally showing a weak tone. The Independent oil stocks were weak also. Ilutto Copper and X.lnc was the featuie of the mining group, more than 7000 shares being traded in at PVi to lOTs. Submarine was falr'y well held, with sales at 224 to 23. IMlL'VTItlAI.S H!l 714 37 Vrs rlnsp Askd (sale) Odd Lots Stocks Grain Unlisted Securities The Mm careful attention clien to small lots as to those of larger amounts. HUGHES & DIER V , I riilla. Mock Kxrliange Member. chlrajro Hoard of Traaa 1435 Walnut Street Philadelphia West States Petroleum From every standpoint these shares are most attractive to the Investor. 1st- Karnlnjr are far in excess of 13 a year. - Dlrldrnds are paid 2nd monthly at a rate . "f 1. rrtMarket l adranc " Inr steadily. ... Properties are In 4tn Wyoming. Callfor- nla and Texan. KtfiIrodiictlon I" sold to Standard Oil Co. CiL. Present market Otll Price around 81.23 per share. Write today for late report, Xo. tl. THOMAS E. DONOVAN & CO. SpccialMt in Otl Securities. J Broad St., 20 So. I.a Salle St. New York Chicago, 111, American Reduction American Stores American Sumatra . . il Aetna Explosives . - '- American Biltlsh .Mfff - American .Marconi . . "nU American Writing Paper. 3i Canadian Car t' 2 Canadian Car & Kdy pref fin ( harcoal Iron 'i I hevrolet Motors 01 Cramp Curtls Aeroplane -J1 Caiwen Tool ... . . . I t'i Carbon Steel so Evrrett-Heaney ..... 32 I'merson Phonograph ... Federal nestulT ... 40 Haskell ft Barker Car... n;"j Hendee Manufacturing . 31 ICathodlon Bronze pref . . l5i Lake Torpedo Boat .... 'i Lehigh Coal Sales 8 Lima Locomotive . ... SH Maxim Munitions !' Marlln Arms "3 National Conduit . ... 3Pi N"e York Shipbuilding . 3; North Ainer Paper Pulp. 4-1;, Otis Elevator -1H I'eeilcss Motor t ! Pools Engine '. Pierce Arrow 41 Redden Truck IX i-anta Cecilia 31 Santa Cecilia pref .' Scrlpps-Booth 30 S S Kresge w I 1014 Standard Motors flYi Steel Allos i Submarine "i St, Joseph Lead 1? Vi Todd Shipbuilding S3 Trlargle Film lni I nlteJ Profit S'larlng . . "b I tilted States Steamship. ' I'liltcrl Motors ... 31 t, t'nited Sugar ? Wo'rld's Film Wiight-Martin ,ir . . .. .1 7,'nc Concentrating .. .. 3-V, I nlted Paper Board . . . 30 TAM)AIU Oil, Illinois . - tit 333 Ohio .. .303 3B7 Prairie Pipe . ...30.t 305 Stand Oil of California . .310 375 Stand Oil of New Jersey.83 43 Stand Oil of New York .302 31)7 imh:ii:niiknt oil stocks Barnett Oil & Oas 3i i Cosden & Oil ... .... 13 '.4 130', Cosdeu & Co . . . . 13 13 K, Klk Basin 10 I 73 Vt 3714 31 31 73 ion on n 1i sx 3U 3.1 3Vt H 03 .',. 3',. 811 33 '-4 4! t'H n 1 1 mi l.l 1 a V 3.1 fid 40 It 13 H 33 IS 0 5' 31-14 SB'S, 7S 3K Kit 33 4 4' imm;it.mi:nt on, 3314 83 I'O SJ'.i, s n 2-Tj a; 3114 37 367 r,33 303 3H 13 13H. STOCKS Continued Hid Akril (s.-ilo) Federal Oil ft', ft'i S Inter Petrol 13 I3V4 13',4 Houston Oil 10 21 ( Merritf Oil 33 t 33V, 31 Mlduest Refining ... .11 J 131 137 Met Petrol I t'i I 'A Ohio Fuel 11) 31) Oklahoma Refining , l in Osage Iiomln 81). H ' Pice is. (, ,", Sapulpa Refining O 'n 0? Sequojah Hi 1 I V MI.M.NO STOCKS Alaska Standard in fin 47 Atlanta Ill II 1 1 Vi Big Ledge 3 .HA 314 nisbeo Copper (a pros). . VI -It .. Butte Copper & Zinc ... tnu mj HVi Cabhhoy 7 H 8 Con Ariz 2 3 ', 2 ' Emma Consolidated ... I I'A I'n First National ... .2 2 14 Ooldfleld Merger .... H y. Ooldfleld Consolidate! .11 S3 .12 Ooldfleld Florence . 20 2.1 Ooldfleld Keuan.is 1.1 1,1 Green Monster . . . I' I ,", Hecla Mining 7U 71 7TA Howe Sound .1i)( n ., Independence Lead ... 10 13 Jerome Verde 1(2 nH 2 Jim Butler Hi to 71 Jumbo Extension 30 II 40 Magnate Cop 81 S3 8 Jlclvlnlcy-Uarragh no .i.t .13 Magma Copper 44 4S 48 Mother Lode so 33 33 Mines Co of America... Pji 3j; .. Nevada Hills 1.1 2.1 Nevada Wonder 1-14 2 Nlplsslng ;v4 ; .. Ray Hercules s6 3TA ?an toy 11 is Stewart ,, u-31 Tonopali Hxtenslon .1 u(, t'nited Vcrdo .is :ifli4 West I-nd Con ;n ;.i White Oaks 31 White Caps 15; 1 n Yerlngton 21 29' IIOMIS American Smclteis 6s... 0li4 Atlanta Chailotte Cs.... os', Bethlehem 5s 08 Cosden OH 6a 100 Cosden & Co Cs too Cudahy Gs on Rrle 5s otVi Russian Government 5'js 81 Russian Uovernmcnt 61js 88 Southern Railway 5s . otfi Todd Shipbuilding 6s 101 .-x v state 4s New Haven 6s 1 . 0314 084 0814 103 103 90 14 08 82 Vi on -08 loj 10314 Ulift 14 07V4 12 Vi 03U 08V4 101 07-11 8311 00 PIV1DENDS NOUTHHESTKaN NATIONAL HANK PMiadelpnU. May lat. 11)17. Th Dlreetora bay tma uy declarvU a ml annual dividend of U (S) per Pt, clear o( tax. C.ck. will b. pjjftDCi NICR cthlr. UNION NATIONAL BANK Philadelphia. Pa.. May 3, 117. Th Director hat thla day declared a semi annual dividend of four (4) per rent, alio an Jitra dlvldnd of ana (l).per cent, payable nn SeinSnd. free of Ux. and have added ISO.Ooo tjf H to Surplua funil. niaaina itwt iivni iuv,uuv, y.?hetl" "'" ULOlli8LN. BPIELBEnOKn. f . J , Caatiler. ?' H TUB CENTRAL NATIONAL BANK OF ' May 3. 1017. ' Tha Dlreetora bavo thla day declared aiaeml- asaual dividend ot . ini per rem. ano an aitra dividend of let per rent out of the n' 1 lii J menthe' profte. fne of tax. payable on V JJ.T. WJf. TT. CONRAD. ,T" ' Caehler 'f : H .. tarn rantral National Tiei Central National .BsuiW ba declarad , 0VM 91 iy wew IWf K More State Ftfnds Here HARRISBURG, May 3. The statement of the Treasury Department of tho amount of general funds of the Commonwealth of Pennsylvania shows the total on hand April 30, 1917, exclusive of moneys appropriated to the sinking fund, to be 44,802,457, against el 978,'JtiJ March 30 and (3,598,787 Janu ary 31, 1917. Of the total deposits of (4,892.457, Philadelphia Institutions hold (1.350,045. against (1,642.423 March 30 and (993,891 January 31. 1917. Franklin Trust Increases Capital The Franklin Trust Company, 'the day and night bank." has authorized an In crease In Its capital from (400,000 to 600, 000. Deposits for the year Increased almost 60 per cent and are now (3,057.861, Re sources (4,633,869, The annual dividend was Increased from 5 per cent to 6 per cent. The new home and office building of the Franklin' Trust Company will be ready for occupancy eariy in tne ran. NEW YORK .STOCK SALES 1 Net High. Low. Clce. chae. Advance Rumcly.. UVA l!a 18 7 do pfd 3HV4 31 311 Alaska Gold Mln. (114 Alaska Juneau ... A Allls-Chatmers .. 2!!4 do pfd 83V4 Am Beet Sugar . . 03 Am Can 4314 do pfd lot Am Car & Fdy Co 0.1 Am Cotton Oil.... 41 Am Hide & Loath 1.1 31 IPS. 0 34 82 0114 44 lot 4V 41 1214 58 2.114 1014 5014 01 10314 10 .10'. on'4 113 0874 osn 58 11014 110 124 12314 103 101 4D 18 4114 30 1014 77 10114 1011 1)8 08 in 10 11314 11314 113'4 1V4 0914 on 08 3 ,1114 3' 4 S3 14 3V4 7JP4 7414 74V4 I 704 7014 70i. 114 100 109 100 V4 I'i Hi Hi 14 130 130 120 t I3IH, HT'i 11014 3 01 Vi .101)4 fiflli I'A 4214 II14 41 1 10 1814 18V4 H4 8014 . 20 . 20'. 5714 0114 10214 to 00 1)8 .11.1 .10014 . 0314 . A81J, 14 A 31 3 82 n; 03 Hi 4414 H4 101 OJVi Hi 41 1 1314 IV 5814 26 14 20 V4 (tool .. . A.I 14 3V4 10314 14 10 1 f.o IV4 0714 3 113 Vi 0874 14 03Vi li 58 3 110 1 1237A 14 103 114 48 17i 4H4 374 30 14 78V, Hi loon 174 08 . ... in Ti. RJ74 3314 00 A8 1 1 14 3 HA 751-4 1107. .10 L17V4 8314 3114 on .18 1 1 14 itt'A 7714 1 1 Hi 22 i -I -214 -21i 4-3 do pref Am Ice See . . Am Llhstvd . do pief . . , Am Locomotive do pref , . . Am Malt .... do pief . . Am Smelting do pref ... . do pref A . . do pref 1! . . , Am Steel Fdry. Am Sugar , Am Tel & Tel. Am Tobacco . . Am Wool . . . Am Witg Paper pr tlV4 Am Zinc & Lend . 30V4 Anaconda . . . Atchison ... do pfd Atl Illrm & All. Atl Coast' Line . Atl Ouif & W I Bald Loco . . Bait & Ohio.. . do pfd .... Bairctt Co . Batopi as Mining Beth Steel . , do B Bikn Rp Ti Butte & Sup Cop Cal Petrol do pref ()14 ( Can Pacific .1.1014 Mli Central Leather . 81 Cerro do, Paco 31 Chandlir Motors. 00 Chesa & Ohio 50 Chic (ireat West I H4 do pref 3IV4 (file M & St P 78H Chic A. Noitlmist II 174 Chili Copper . . 33 '4 Clilno Con Cop 5114 Cluttt Pf-abody fl?'.'.i Col Fuel & Iron iniA Col Oas & Rlec. 41 Col & South . 3.114 Consol Oas 113 Cont Can 03 Coin Products . 2 414 do pref . . 100 Crucible Steel . . 01-74 do pref 100 Cuba Am Sugr pf Cuba Can Sugar do pref .... 0114 Del & Hudson ..tit 1 L U W 334 Denver & R (1.... It 10'4 1014 do pref 31 30 30 1',4 Dome Mines 1.114 1471 I Hi 74 Distillers Secuil . 1.1 13 13 TA Driggs-Seabury 70V4 7.1 7.1 114 Hrle 20V4 3.1 257, 74 do 1st pref . 40 30 3014 I do 2d pref 3114 30 30 11. Oaslon Williams . 3314 3314 32V4 lien Rlec Co 10214 101 101 2Vb Ccneinl Motors. I0.1V4 104 10.114 -li do pref . , 8974 80 8074 94 Goodrich B F . . 5()j .10 50VA HA do pref 107 107 107 1V4 Grt Northern pr. 100 10814 108V4 14 firl North Or subs 33 30 3074 114 Greene Can Cop . 43 4314 4314 Gulf Suite Steel.. 133 1I01A 11014 414 Illinois Central ..10.114 10274 103 Int Agrlcul pref. . .12 Instillation Copper 50 Intcrbor-Cons Cor. 10 do pr fl.1',4 Int Hiuv ot N J. 11214 d" pr 11.1 Int Mer Marino. .. 27 do pref 78 Vb Inlernl Paper . . 3714 do pref cl . . . 00 Int Nlikel .... I I'i Jewell Tea 4014 Kansas City So 30 14 do pfd 54 Kelly-Sprlngflcld . 51 Kennecott Cop .. 1-IVi Lack Steel 84 Lehigh Valley . . 03 Lee Rub & Tire... I874 Louis & Nash .. 130 Matkay Cos .... 8114 do pref . . ..0414 Max Motor ... . 48 do 2d pref .... 31 Mex Petrol . 8914 do pief 00 Miami Con Cop... 3014 Minn & St I. new 17 Net lflih. Low. Cloie. chse. Wells Fargo Kx.. 08V4 08H 0314 1 West Maryland ..21 30 2014 V4 West Union Tel .. 03 0314 0374 i Westlnghouso Mfg. 477 4714 4714 West I'ae R R. . . . 1314 13 18 Vi Wll.nl, fVi 13 7014 71 314 ll',tnl...n.-il. til l.lfl 130IU 1st Worthlng'n P & M 23 35 2S .... Wheel & L i; 137i 1314 14 3Vi do pr 3I?4 34 3ITA 1 White Motors ... 4.1 4114 4.1 14 Will s Overland. 30 2014 20 114 Tntnl nle. 8D0..VH) lmrr.. rompnrrd with 400.80(1 sliurrs yrslnrdiiiitlius for this w. ' 2 201, 1(H) Mm re-1 ".nute period Inst week, 2..01, 30(1 Klin res. ' New York Bond Sales .v: 14 ni". to lu to 2.1 112 OI'.'h 23 inn 50 107 HA Hi - 'ii '.ti 5214 3 07 T, Hi 401A 1 4014 114 2.1 I 113 'A 0314 TA 34 4- 14 loo V, 01 1 loo 1 0314 102V4 10214 H4 4.17'. 4174 4.114 .... 0114 0114 1 10014 108 714 32374 22374 37i DIVIDENDS DECLARED Canadian Pacific Railway, rreular quarterly 3f rft r,en 2 ,he common nock, pajab li June 30 to alock of record June 1. "aDie llomtitake Mining Company, regular monthly ?ecordCM.y"ll..1"'r, rdyablB fly -l" "k o? Acme Tea Company, rreular quarterly of 11 T.1 per e,ar on the flr.t preferred itock. pajable June 1 at realetered May si, .o'!?;."lle,.em ftrti i-'orporatlon. quarterly of 12.50 r ehare each on clan A and claee II com. mon . paable July 2 to stock of record juhq j w I'ARTNEBSIIirS THE FIRM NAMK. Herbert G. Stockwell & Co. has thla day been chanced to Stockwell, Wilson & LtnvlU Certified Publla Aecounlantal the partneraiilp Intereeta and organization re malnlner unchanged. f s malnlng KHUtHj it-t U. STOCKWELL. C, z'jjsryyj vt !. h. r.,A, , Bank of England Reserve Drops LONDON, May 3. The weeklv state. ment of the Dank of England follows: To tal reserve 34,675 000, decrease 795 000; circulation 38,849,000, Increase 622,000; bullion 55,075,000, decrease. 172,000: other securities 114,093,000, decrease 343,000; other deposits 128,8(8,000, Increase 9,609, 000; public depbslts 47,226,000, decrease 5,224 000; "Government securities 45,. 026 000, increase 7,553,000. The propor tion of the bank's reserve to liabilities Is now J9.C9 per cent, against 20.90 per cent last week, and compares with an advance from 29 H per cent to 31 per cent In this week last year. Hook and Eye Earniflgs Larger The annual report of the De Long- Hook and Bye Company for the year ending March 31, 0 17. shows net earnings of (225.(48, agalnat (107,981, and a balance after dividends of (155,848, against (87,- .. 1 881, Tha aarnlacaj are tha laraaaac. ta iW M S P & S St M 107 Midvale Steel .. . 57 1A Mo Kan & Tex . A 14 do pief . .. . 13 Missouri Pae ctfs 014 do w I ... 2014 do pref v 1 .5114 Mont Powei . 100 National Biscuit .10.1 do pref . . . 1 1 .1 Nat Knam & Stpd 3074 National Lead . .14 Nat R R of Mex 2d pref . . . 0 Nevada Cou Cop 2.17i N Y Air Brake . 130 New York Cent . 03 1A N V N 11 4 II ... 30 N Y Ont & West . 23 Norf & Went . ...130 North American . 0.1 North Pacific .... 102 Ontario Silver . .. B7i Ohio Fuel ... 40 Ohio Gas .... 133 Owens Bot .. . 0IV4 Pacific Mull .. 22 Pan-Am Pet pfd . 01 Penna R R ... 314 Peo Gas & C .... 8014 Pens Maui ct. . . 21 Pitts & West ., 25 do pfd A3 Pitts Coal ctfs . . 4.1 do pfd ctfs ... .115 Pitts Steel pfd .. 10014 Tressed Steel Car . 73V4 Pullman Pal Car. . 1.16 Quicksilver S Ily Steel Springs.. 48 Ray Con Copper .. 2014 Reading 02 do 2d pref . . . . 43 Rep lr & Steel.. 70 do pref 10J Royal Dutch .... 63 StTI.SK,. .. 181i St. L & Southwest. 28V4 do pref 40 Sinclair Oil 5314 Seaboard A L .... 14 Sears Roebuck .. 174 Shattuck Ariz ... 2314 Sloos-Shtf S & I.. 47 So Pacific 03 Southern RR .... 37 do pref 5774 Standard Milling. 08 Studebaker 7 do pref 104 Tenn Cop & Chem. 10V4 Texas Co 208 Third Ave RR.... 21 Tobacco Prod .,., 52 Hnderw Type Co.. 05 . Un Bag & P new.. 8874 Union Pacinc... do pref Unit Alloy Steel. Unit Cigar Stores Unit Dni; 1st pf.. United Fruit U S Cast I 1 & F do pref U S Ind Alcohol,. U S Rubber do lsc pref 5014 6414 074 .1414 111 11.1 2014 70 3H4 0.1 10 to 20 .14 .1114 4414 81 0074 17 12.114 84 14 ntV4 4714 30V4 80 00 3874 17 10014 50 614 13 n 3.1 64 14 0!) 1.0.1' 11.1 30 1A 54 nA -2 -Hi 6014 5.1 to 65 III 1 11.1 14 207A Hi 77 21i 3114 214 00 41 14 40 2014 114 .14 51 1V 4.1 83 2 02 14 17 114 12514 5V, 84 Vi 01V4 Vi 48 30V1 87 214 00 1 3874 I 17 114 100V4 n4 sn ja 3V4 V4 12 n'4 4 2014 5H4 1 100 tol .. .. 113 HA 20 'A 61 1 117000 Amer for Sec 5s 7.IMMIU AHKlo.rren.il us 3l'.llll Amer Tel 5s . loin) .in 111 4Vi . .'iiiiiii Amir Writ Vnn 5s mono Atihlson t . . .",000 .In c,- ti lli'in .. . Iliim Allan Co Line Int 4 11 . limn Amr Cotton till .'a. Ilino Halt S. Ohio .Tin . 21IHMI l ,"s ... , I lilill llaMKln I.ucn 6s IK11111 Clt nf tlnrilenux ft .Muni Cnn (Jott -,s 111 J I 1:111111 ilo A in.1l . . . .'Illlil Cal (lis & t'.lec 6e luiio Ont l.inthpr 1st 6s r.noil i'Iim ti Ohio cv 4 'is .11111111 do cv "" llllino Cent Pis Tel ," JIO1111 Chi II tt Q rB 4s IIIMI ,1) III 3'tS . . I lino C VI A St P illv 4s . S.-non Hi rfil 4Vi 11 . I Vini) do it 414 a . . 'mill Oil i. Hnuth 1st 4s 3.MIIIII t'ltv nf I'jrlS lis Iiiiiii Chi Ilwv Co 5s IIIIIII llrl t. lllj'l r ,.s ISllllll Urn A lllo Or 4s . Iiiiiii Detroit United 44 lnoo Krle Pa 4s . UH.IIIIH I-r. n.h Ili-nuli At, a lllllfl fnwa Central 4s .iniio III Central 4s 10.11 'Jmiiiii Interh M-t l'4s I I noil Int Mr Mir (Is. loon Kan City So 1st 3s .'mill Kan Clt Ter 1st 4s l(X-l) Cltr of Lons (Is Iiiiiii I.mlfl" (lis 1st .s . :illim I.K Ml Hen -Is 111.11 60(1(1 l.-h Val N V en 4'4s iiiiiii) city nf Vlarrellles (Is Ilino Manhattan Sin 4s . Illlil) Vllilint Steel 5s. 11 twill Mo I'fto w I 4s Sunn Montnnn Power 6s 410011 N Y C A II lis . I1IHHI rln 4s , rnni) .in m, . .. . mini N v city 4s iiisii 2.VHIII tin 4Vjs lni)4 40IIH V V fins If Sr V ,1s 11(1110 N Y N II A II 0s liiiiun N Y Hv 5s. . . . IIHhl N Y Tel Ren 4'4 r.llilll N Y VV C A II 44 s ."linn Nor Pnc 4s . Illlil) Ore Short I. Is r.noi) Ore A Cal 5s . 7imn Pacinc Tel ,',s, ., .Kino Parlfle Oas 6 . pjMinn Petin cen tt 44 s . 22(100 do en 44 ... moo Publl. Serv N J 5s 12II0II Pere Mnrq 5s, , . 2IMII) do Is ... . ."nrin Reading Kn 4s , .Illlil) Man.laid Ons fis. . noon south Hell r, .'nun South Pnc c 4s.. .Illlfin South I'ac cv 5s . 131)00 South llwy 4s Willi) do 5s ... .limn Tesas Co cv rs 12.10(10 U S Ilulilier ct 5s 1140(10 II S Steel S K reB 5. .'.nun t;n Hwjh SlMi . lAionn u i; i a ii n 5s. ir.nonn do .14 s 1018. .mnuo do r,4a loin new . I'Jiinuo lo .",4s 11)10. . . 57iinn do 54 s 1021 . Mini) Vn Its 5s 211110 VV'est'housn K A MfB 21)111) Wheellnu A I. 15 4s lOnn West I'.iclHc Hit 5s . A 22-1L 14 r, 314 13374 130 3 804 01 1 3814 .. .. 22 124 3 A.1 10IV4 Vi 674 1A 40 74 133 01 14 21 1 111 I 5314 14 80 1 20 114 24 74 IV4 Al 2V4 4311 1 115 14 100 14 3 1 37 2214 1237A 03 101 574 40 131 01 21 Ot 63 704 20 2414 60 4.1 HI 100 73 154 151 1 48 2814 8874 42 77 103 (II 1771 38 40 62 IS7i 171V4 24 4014 02 20 6A14 03 85 03 88 lllall ','4 P.)1, lo.'S ; ii inn J, . 8S4 1)4 J. lilU . us); KH4 mi ') l)T 117 lllll'i 1)4 1)1 !x)W 1154 Oil' s lnj, )'. D.'J. inn;. IH1. Clnse 1114 1)3 i M) 1 11 inn. KS4 HI4 014 lisli IIS'4 1(114 1034 mi mi iin, in HH'i tll)4 117 07. Km'. Kin , 71)4 70 , NH"4 si". 1014 1014 inl4 I)il4 in.'. PAS KJ mi' 1 ss4 111 vi4 "'. 11 14 lis'a 7H4 S3 S'l inn'. 4'Mi Ml mi !I3". in M'l IHI4 ion DJ4 lis 0A4 s',4 tl.1'4 (Iii4 llll'i ' SII4 s4 I) t'i sit'. 1)1 ni4 ns(, "s HJ S'l Oil's mil mi in M4 mi's inn !.' 1)7 I1V4 K1 ini KII4 till. 11)114 10(1 ,"ri sj'4 1124 un'; nl4 SMS 04. KB', "'. til?. ns4 78 S3 Ml tin', 4')4 Ml 1,11 I'JV m M4 llll'i inn 1)J4 1)74 1)14 h','4 ni4 111 1 4 n:,4 11 111 S2' llll I (II 4 1014 lin-s l.ii-i fl'.-S 1111 nil's 11114 1 nil 274 ti74 (!-' 1144 i.n4 Km !IS4 Ml 4 nn 11114 liii'i 11114 SH' KS HS'I no mi un 7(i7j . 7n'i 704 i)i in tn 11114 11114 lniVj SJ4 I1T4 IIS lllll J. 1174 A2 ni4 Mi4 1)04 DS4 so mi 1(111 274 !I74 rj (114 so 4 110 4 HS4 so lic.4 1IS4 8J' fin4 I.S'j tiiS ti'i 824 IW4 ns Illl .Hill, 1014 1014 US in-,4 .17 , n4 1)04 inn4 , I)il4 mi !in4 111114 77 R7 1-74 in'. 37 11114 0114 Iin4 i'(i4 no nn 87", im 37 nn4 004 11114 H(14 on nn inn4 lnn4 77 77 87 87 Totsl sales. $1,908,000. rnmtmrrd with Itt. 127 000 e-.terilnM thus fnr this ueek. SI3.020, OOOi same period Inst week, St.1.045,OO0. Mining Dividends! For the first nuartcr of 1017 Amer ican Mining Companies paid their stockholders (68,298,067. These dividend-payers were of course once mere ' prospects" mines In the making. You Should Know What Mines ' Are in the Making where they are located and how they are being developed with the strong possibility of becoming good pro ducers nnd dividend-payers. A book let Just published tells you the blory of mines In the making nnd gives you n brief description of several prop erties that may be numbered among the big producers of the future. Send for Booklet 8i9-T. U. JONES & BAKER STOCK nnOKERS Widener Bldg., Philadelphia Pell. Walnut lfino.l. Keystone, Race 2200. New York Itoston Chicago . Pittsburgh Direct Prtvatt IVIre JOSBS rf BAKER. tridener JJIrfff., Philadelphia. Pa. You may tend me your booklet 810-T. U. Name A ddress C'llu Slnfe. Money-lending rates yr.W YOflK Call money opened lend ing and renewing, 4 per cent ! high 4V4 ! low 3 '4 ! last, 3 14 ; close, 3i03i ; ruling rate, 4 per cent. Rates on tlmo loans for sixty and ninety days were firm today, the former being quoted at 44V4 per cent and tho latter nt 4U04V4 per cent, an advance of !i In each. Kor four nnd five months the rate was unchanged at 41iffl4',4 per cent. An ndvanco was noted In the bIx months' fig ures. vvhch were 4 14 0 4 per cent, com pared with n trading rate of 4'.J per cent yesterday. These rales arc for loans on good mixed slock exchange collateral. Industrial loans, ns usual, are from U to ',j per cent higher than the above. On Inellglbles the prime batik acceptances were unchanged at 43H per cent, but on cllglblcs the rang, was wider at 3i3 per cent, as compared with 3 i U 3 per cent estcrday. I'llILADRI.PHIA Call, 4 per cent. Time, 4!i6 per cent, Commercial paper, Hires to six months, 4 '4 Q 4 i per cent. LONDON Money, 4!J per cent; discount rate for short bills, 4'i per cent, un changed; three months' bills, 4 13-16 per cent, unchanged. FOREIGN EXCIMNfl NKW YORK. May 3 Th foreign exchange In the early deeS dav was nulet nnd In the mnln .." strong feature was Spanish exchanittl nosetns reaching tho highest fle-,.-..V'' oral weeks. Rubles ruled steady m . ,A..1 .Annt,A(t .in U'niln..iU.. "14 I Quotations were! ".; Dcmnnd sterling 4.75f,, cables 4 71 l-'rano cables 5.70i, checks 6.71U Lire cables 7.02. checks 7.03. ' Swiss cables 5.13',5, checks B.llti Guilder caiiics 4iv, plus ,',. check. ... Rublo cables 27.80, checks 27 it, M "I Stockholm cables 29.90, checks liu-V Chrlstlatila cables 29.45, checks 21 J'l'-il CnnAnhniren rnblert 5ft. .in f-v..i. ---l,..l Long sterling was quoted noiii-V. 4.72 'i for sixty-aay bills and 4 7ou ninety-day bills. '' BANK CLEARINGS Itank clearlnns today compared vin, ' spondlng diy last two jearsi "n tnJ Phlladelphli.(2.Ain.1R4 t4i.37t.s74 ..-Ull llnston .. .. 4T.II1II.R75 30 000 BM S, 5iJ 1ICW TorK...llJ4.IMJ.BM 4N2.7R4.191 44J'iKfl Chlcaiio '."""'"-" JI.noo.717 litSA SI. l.ouis . 1, ..1,1., -ii. i't,.fuil,4g3 H,()7t Today timlon (nencei. . ;is New York (cents) 7 BAR SILVER AKt 'it 4 .44 734 70 ! "Your Country Needs You" HTHE history of all our Wars amply warrants the belief of our Government that our people will give their enthusiastic co-operation to the financ ing of the World War of Today. It is the imperative personal duty of every one to subscribe to the "Liberty Loan of 1917." Although a much better return may be had from many other securities, no investment of To day will render such an enormous percentage of service and offer a greater opportunity to benefit mankind. The "Liberty Loan" will bear interest at the rate of Three-and-One-Half Per cent, and will be Free of All Taxation except the Inheritance Taxes. Subscriptions to the New Loan will be re ceived by this company without charge to the sub scriber or the Government. Commercial Trust Company City Hall Square The Key The Key to Sound Inverting Government Securities The rapidly growing interest irf Government issues of all kinds as the result of war financing has made a reference volume on this subject an absolute necessity. Fqr two years we have had in prepa ration such a publication, which will soon be ready for delivery. The scope of the book will be broad and cover not only United States and Foreign Government loans, but Municipal securities as well. For details ask for Circular 143 Moody's Investors Service j John Moody, President 35 Nassau Street.NewYsrk V 48 1 Wh 00 V 3 M. 42 M. 784 Hi lot 01 114 174 ni 281,4 iU, 40 214 A3 V 4 134 ni iy, 2 Vi Vi. 4V4 2V, 024 1 28 IV B0V4 li 93H 3 87 W. IOJV4 10214 4H4 1BT4 10 ' V4 200 207 1 21 Sltt 1U 82 Vt 3' n4 05 88 2 184 14 70 V, 4U4 "54 08 1 5ttt 133 2 ion in 88 1 1SSV4 138 70 70Vi 42 T, 41 98U 07 Vi 82 V4 Vh 134Va 133 184 184 85 88 USV4 H1T4 113 1 884 50 884 4 108 100 108 U S Steel 1144 113 HI 14 do pref uaii l4 it4 4 Utah Copper ,...114 1134 1184 1 Utah See Corp .. 10 104 lVa Va Can Phtm ... 43 48 48 1 yyauaaq ......... ) 7 ,... . Jn'cf A ...., HU rAlU. "41 U. a- . SINKING FUND AID REDEMPTION PLAN To the Holders of PHILADELPHIA COMPANY First Mortgage and Collateral Trust 5 Gold Bonds, due March 1, 1949 Consolidated Mortgage and Collatend Trust 5 Bonds, due November 1, 1951 More than 65 of the $6,500,000 First Mortgage Bonds out standing and over 70 of the $15,148,000 Consolidated Mortgage Bonds outstanding have been deposited, to date. i The time within which deposits of the above bonds may be made has been extended to and including May 31, 1917. ) BROWN BROTHERS & COMPANY, Philadelphia. MONTGOMERY, CLOTHIER & TYLER, ' . , ' Philadelphia. JEROME HILL & COMPANY, Pittsburgh. W.sF'fVf' . .ft-r J -V'lfisN), ? I mmwtim- 5.. dJjMS$M,r ' MiSiM 1 , ,2f,- A.!.- sjEES
Significant historical Pennsylvania newspapers