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LEDGER-PHILADELPHIA; MONDAY; MAY 43, Mf,
EVENING
Wi
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M-n
rniLHDbLPniH
ELECTRIC COMPANY
FIRST MORTGAGE
5 BONDS
1966
rRICE, AT THE MARKET,
NET ABOUT. 4.92
FREE
FROM STATE TAX
PENNSYLVANIA
TO
IN
AND THC COMPANY HAS IND.
-ATED ITS PRESENT INTENTION
OF PAYINQ THE NORMAL FED.
ERAL INCOME TAX.
REILLY, BROCK & CO.
llANKnil.H
206 CHESTNUT ST.
PHILADELPHIA
Free of
Pennsylvania State Tax
"We own and offer
Pennsylvania R.R.
Con. 5 Bonds
Due September I, 1914
Pennsylvania R.R.
Gen. Freight Equipment
4i Bonds
Due April 1. 1119-2
Lehigh Valley R.R.
Gen. 4 Bond
Due May 1, 2003
Price on application
TheNationalCity
Company
1421 Chestnut St., Philadelphia
New York Chicaco San 1'rancisco
Boston , Pittsburgh
FINANCIAL NEWS
BEAR ELEMENT ON SHORT SIDE MAKES
VIOLENT EFFORTS TO DEPRESS STOCKS
Concentrated Selling Movement Shows Supply Is Ex
haustedSt. Paul Is Forced Down, but Rallies
Later Bond Market Unchanged
High Points in Today's Financial A'cics
frcnucnt effort lo denrcas nriccs in 1
ended day generally higher. Curb prices irregular. Chicago Hoard of Trade
suspended tradiha in' wheat futuics for two days. Cotton ended highn.
Individual deposits showed decreases of $5,S.13,O0() in Philadelphia hank
statement in week. Loans larger and surptus smaller, liar silver unchanged.
Ruling rate for call money in Wall street 2 per cent.
New York Stock Sales
With. Low Close,
Net
CllKe,
'Finney
tr Company
automobile: bankers
offer special facilities tor in
dividuals or automobile dcul
eis to finance tlio acquit e
ment of pleasure cars and
for business bouses to llnanco
the acquirement of commer
rill cats or trucks If you
are thinking of purchasing a
oar of any kind for any
purpose the KINNEY SYS
TEM will make a better bust
ncss transaction for jou
REAL
ESTATE TRUST
PHILADELPHIA
BUILDING
E. E. Delp Grain Co.
GRAIN
Export aDd Domestic
FUTDItES
( orrespnnilrnts
BARTLETT. rlt.V.lh'It tu.
CIIICAOO
453 Bourse, Philadelphia
Private wires all Grain Markets
Members Chicago Board Trade
NEW YORK. May 14.
The bear element rummlttitt to the short side of the stocjt market contin
ued to make lolont efforts to depress pikes, and force liquidation today, but it
was apparent after eveiy one of the concentrated selling movements that tlio
supply of stocks had been so completely exhausted that a Uncling position no
longoi exists,
Tlio only npp.u cut HtieiiKth of the steel stocks kept those Issues free from
the brutish efforts, but tho uptown plungers for a time found a sensitive Held
In tlio railway Issues, A vlgoioiis drive forced St. Paul below 70 eaily In the
day, but It vvns Impossible to keep that good stock down,
Hefoio intiili or the afternoon passed Its pilce was again above 72, nnd
othei rallioad stocks, In which beat sclllni; had caused early declines, were In
active demand, and man, of them showed gains ninglng ftom 1 to 2 points
Kilo was n KOuil evnmple of the action of these issues, declining ftom 2.1 to 22V4
under bear pressure and then qiilcklv advancing to 24. United States Steel
common, which opened nt 1 1 1 14 , advanced to 117 In tho late trading, and In
tlustilal Alcohol moved up from 120s to 121.
1'iuclblo Steel, fiom fiS ' , rose to f7',4, and there was a long list of the
minor Industilals which made .similar ytilns after earlv recessions The iiiiiilno
Issues moved In the same vvn with Atlantic, tlu'f and West Indies nttinitlng
most attention, the stock moving up fi,om !i8 to above 102. Tho piofesslonal
element In the mom had little to sav nbout the r,tock maiket situation, as the
ill-1'l.i.v of stieiiKtli hail upset all Its uilcul.itlons
lit the late tindlng llultlwlii .Locomotive moved up 2 points to 57, mil
Ameilcan Locomotive became piomlnent making u gnln of 1 point.
There was no change In conditions In tlio bond market, many railway Issues
being In supply nt concessions, with Nivv York Central consolidated 4b selling
down to 814, and the 4'is were trnded In at 90 St. 1-ouls and Snn Ktnnclsco
adjustment 4s were falrl active ut 02't nnd 62s eailj In the afternoon.
BUYING OF TRIANGLE FILM LEADS
TRADING ON BROAD STREET CURB
NEW YOUK, May 14.
The fen tine ill the ti.idlng on the Htoad Stteet Curb todav was tho buying
if Tilangle Film. This liu.vlng seemed to come fiom ImpoiUint Interests who
are close to the iompnn's affairs. Thev took the stock at 1 ',, to n.
The most Important Item of coming developments is said to be the absorption
of the New York Motion Picture Company, but this is expected to be followed
by other additions to the holdings of Triangle film within a shoit time. The
point was made In some circles todav that the dally attendance at motion pictures
is In excess of 1.1,000 01)0 giving a continued .substantial source of revenue, which
It is now Intended to gather In a more businesslike way and to operate tho
leading companies more for the Intel est of the stockholders than has been
done in the past.
Other stocks vvete Inegular, with Siibmatlne making a gain of H to 2.1 and
National Conduit In better demand, vyilli trading at 32 to 31 4 Some of tho
mining stocks showed pronounced stiength, I'nited Verde Intension advancing
from 37 to 394, nnd gains wero made In .leromo Verde, Calumet nnd Jerome and
Magma Copper 15lg Ledge was exceptionally weak, selling down to the low
record of IS1.
Russian bonds were weal; also, the ;las selling at S71 to So nnd the u'4s at
80 to 7ft, both low records.
Independent oil stocks weie geneially lower. Standnid Oil of New York
ranged from 2SC to 290 and Illinois Pipe Line sold from 223 to 22.",.
Acme Tea A3
Alaska Old M . . . (1
Allls-Ohalmers Co, 24
Am Heet Sugar.,, 91
Am Can 43
Am Car A Fry Co. ea
Am Cot OH prof., ti.l
Am Hide & l.tlir. , 12
do pref ai
Am Linseed ?oa;
do pref nitt
Am Locomotive... 871)
Am Malt nvi
do pref a
Am Smelting ,, , , 0B;
Am Steel Fdy... unlit
Am Sugar 110
do pfd II1V4
m Tel & Tel'.. 11
Am Tobacco . . . IDS
Am Writ Pap pfd. 40
Am Zinc & Lead.. .11)
do pfd niVi
Anaconda
Atchison
do pref . .
All Coast Line
Atl Clulf & XV
llaldw Loco Co
do pref . , ,
Halt A Ohio
llatopllas Mining
Uolhlehem Steel
do pref .
do It .
llrook ltap Tr. .
Hums Uros . .
Unite & Sup Cop
I'nl Petrol
I'anada I'acllle
Central Leather
Cerro de Pasco
Chandler Motors .
Clies & Ohio .
Chic C.t West .
do pref
''hie M & St H
do prof
Clile t Northwest
Chi I Ciippet .
Chlno Con Copper
Col Fuel At lion
Col (las & Klec
Consul (las .
i 'out Can
Corn Products
do pref .
Crucible Steel
Cuba Cane Sugar
do pref
Deere Co pref
Del & Hudson
1 L & XV ..
1S
00
inori
liny,
s:
oo
Hi.
Ill
. 1 J I
UOA
SX',4
01
4!
IS
I. Ml
SI'i
n:.Mi
. in
All
. i
2D Vi
Ti
114
I III
2 I ,
.11
IK
:i
IllO'ii
II I 4
M'i
100
'j
4.1
IMIU
' 100
II4V4
2l.t
.15
24,
Dl
41
0.1
12
eon
20
B7V
8.1 Mi
AH'
At
07
SHU
no
ut'A
in
in.i
40
.to
(13
V) 14
004
110(4
1110
011
A3
00
fldVfc
t',4
131
121
131 Vi
S7
1)4
42
IK
I. IK
HI
HIV4
1)1
MU
10 Vt
20",fc
UOTs
112
loo 'A
20
r, 3 1 i
47
3(4
101
I) I 14
2.1
lno'4
ni
4114
00
00
112
21.1
5.1 2
21
0114 V
42 1
MM
D3
It
60
20
MV4
7
H14
V
1
H
y
t
114
4
0K
r.
110
11714
118
10.1
40
30
0.1
77
00
0014
100
102
BB
00
B0
114
131
121
122
All 14
0.1
42
1H
1.10
M
3AV4
01
no
10
2014
12
112
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21
A1'4
IH
30
10A
01
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IH014
:
42
00
100
114
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1
4- V4
2
14
4
2
14
f 1
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2
14
V4
1
Sales in Philadelphia
Net
che.
1
14
ltluh, I.nw. Cloe,
A Allla Insur 20 20 20
3 Am Clas ..UK II I'
A0 Halt & O.. fl V4 014
400 Ilald Loco. 80 Alt B
2 Con Tr N J 73 73 78
100 Klec Stor. A9 A0 A
100 Lrlo 23 23 23 U
2 O Asph pf. (12 1 021
10 Int At M Pf 0 HO HO 114
100 Lk Sup C. 17 17 "ai
SO Leh Nov. 17 77 77
11 Leh Valley (10 00 00
200,Mldvalo .. A7 .16 A7
10 Mlnelilll . 83 T.8 A
384 Penna II 11 A2 81 A2
IS Pa Salt M. 0.1 03 03 ..
1015 rhlla Llec. 20 20 20
0 Phlla It T
tr ctfs . 20 20 29
100 Heading 86 80 H0
A0 So Ilvvy . 24 21 24
450 Ton Mln 6 0 0
A Fnlon Trac 42 42 42
014 Un O Imp 71 70 77
1281 do war . 28 2.1 26
003.1 V H Steel 117 110 117
0,1 York Ity pf .17 37 37
1
'i'
t
-i
--
4 1
1
-I 1.
Total nle. 12. 13? hare. fomi'nrtil with 880
hnrr l,tst Vlonilm,
81 80
IIOMIX
1 1 luh tiw.
84B00 Llec & l'co
Tr 4s -8000
Interstate
Ilwji Is
1000 Key Tel 1st
r,s .t.
Leh Val Tr
1st Is .
Penna Co
temp ctfa
4'9s
08U0 Phlla Llec
6s ...
2000 Heading
Term Cs 100 lOOTi
Cloe
1000
20011
A3
07
88
06
.101
A3
07
88
OB
Net
c hae.
1
H
STOCK TRADING CONTINUES LIGHT HERE, Tfcl
BUT TONE OF THE MAKKHiT is SETTER
Action on Federal Taxation Awaited by Financial District.
Subscriptions to Government Liberty Loan
Coming In U. G. I. Stronger i
97
88
96
100
'lolril till",,
Inst Mi, mlti.t.
ooa
100 2
t.'0.:i(ill. toinpnreil with S19..10O
Local Bid and Asked
1MIIMBII,1
Itl.l
, 70
, 5V4
. 23
HEcKEisfCo.
BANKERS '
and
BROKERS
Cth &. CHESTNUT STS., N. E. Cor.
Members ot.rhlli. Slock Eichanie
Plrert Vlr to New York
U. G. I. Warrants
Bought and Sold
REED A. MORGAN & CO.
WblT KND TKCST III.IKi.. I'llll.X.
McmherM of the I'lilla. stock KvdianEe
LKOXL ADVKKTISKMKNTS
KSTATK Of 1IIUMAS II. III.'IIKK. III'.
rafted - Letter t.fltHmpni.irv .m ,,.
bove estate havlnx been craiuea to Uliri VVIIhT
PHILADKI.PIIIA flll.H 4. 'IHUhT COMPANY
nd KHANCKS M. EILUUCi;. all person, Indebted
to tho aald rntate are requested to make
fayment. and ttioae having claims to present
he same, without delay, at the eIRce of said
Company, tit Y, corner Lancaster ave. and
Fortieth at.
A I WOOD.
President
3S KSTATE OF (KITTI.IKll hTAIT,
mjs ceanea ieiiera tesiunientary
t
lib.
, th
bovA estate having been sranted to THF1 VYHbT
PHlLADKLrillA TITL13 & TIltlST COMPANY
11 persons Indebted to the said estate are re
eueated .o make payment, and those having
claims to present the same, without delay, at
the office of said Company. S. VV. corner Lan
caster ave. and Fortieth at
A I WOOD
President.
ESTATE OF Kl.LKX J. IIKSTO.V. UK-
reaeed Letters testamentary on the
Above estate navins oeen granted to -1111-; VVIi.sr
PHILADELPHIA TITLE & THUST COMPANY.
a.11 persons indebted to the fcjld estate are re
aueated to make payment, nnd those having
claims to present tho same, without delay, at
the offlce of aald Company. S. W. corner Lan
w.t,r ave. and Fortieth at. fc
Prealdent
Air Heduetlon
Am Stores
m Sumatra
Aetna Hxploslves
Am-Hrltlsh Mfg
ni Marconi
irerlenn Writing Paper
Canadian Car Co
Can Car & Fdy pief .
Charcoal Iron
Chevrolet Motors ....
Cramp .
Curtlss Aeroplane . . . .
Carvven Tool . . .
Carbon Steel . . . .
Kverett-Heaney .. .
Lnierson Phonograph
Federal V)c
Haskell & Parker Car
He-mien Mfg .
Lake Torpedo Iloat . .
Lehigh Coal Sales . . .
Llnri Loco
Maxim Munitions
Marlln Arms
Nat Conduit
N Y Shipbuilding ....
Nor Amer Pap Pulp. .
Otis Llcvator
Peel less Motor
Poolo I.I1K
Pierce Arrow
lledden Truck
Santa Cecilia
Santa Cecilia pref . . . .
Scrlpps-Kooth
S S Krege w I
Standard Motors
Steel AIlojs
Submarine
St Joseph Lead
Todd Shipbuilding . .
Triangle Film .
I'nlttrt Pioflt Sliming,
I' h Steanislitp .
I'nltcil Motors
I'nited Sugar ,
World's Flint . . . . . .
Wright-Martin Air ... . I i
ln Paper II 21
SrAMIMlll OIL
Illinois JI8
Ohio 31(1
Prairie Pipe 265
Stand OH of California. .250
Stand Oil of New Jersey 301
Stand OH of New York. 281
stt
.il
1
37
21
21m
1 lone
(Sale)
7t
:m
21
2
H
2
3
2.1
111
7
07
Hi
2.1 -II
81
III
3014
30
6
h:i
50
1
80
31
3.1
I
no
11
7.1
38
1H
20
All
20
II)
12
7
23
17
HI)
l''
Hi
!K
30
2
:i
30
70
7
loo
8K
20
11
0.1
22
714
.17
32
7'4
HK
A I
HI
32
31)
114
flj
13
8.1
12
111
20
60
III
II
1214
1
21
18
86
l'i
.1
28
36(4
A
20
22.1
317
27A
258
60.1
280
3
09
im)i:pi:m)i:nt 01
I, STOCKS I'ntitlniied
.Sat. close
Ull Asltril (Hale!
36
714
A3
HI
3114
T
23
IK
81
1
'
28
AVi
2A
iino
284
imi.ii:xih.nt on, stocks
Harnett Oil & Oas
Cosden OH
Cosden & Co . . . .
Klk Iiasln
Federal Oil
Inter Petroleum . .
2
11
12
0
3
12
2
12
12 ,
10
5
12
3
12
12
0
3
12
II)
0
2
'4
10
1 14
2
I0i
1
K
Houston Oil 21 21
Merrltt Oil 2014 21
Midwest lief 1 IK 122
Met Petrol )j
Ohio Fuer IK u
Oklahoma l',ef H-. I)
Osage Hominy h k
e ,T
Sapulpa lief 0 0
Sequoyah ij -.i
Sinclair 211 .10
Victoria 914 ,,
MINIMI STOCKS
Alaska Standard
Atlanta
lilg Ledge
Illsbee Copper (a prosp)
Uutte Copper & Zinc. . .
liutte New York
Cashbov
Con Arizona 1
Lnima Consolidated ....
First National 2
(loldfleld Merger 5
(oldfleld Consolidated .. .10
floldfiekl Florence- 211
tioldueld ICewanas 12
(Ireen Monster ,
lleela Mining
Howe Sound ,
Independence Lead
Jerome Verde
Jim Uutler
Jumbo Intension . .
Magnate Cupper . . .
McKlnley Uarragh .
Magma Copper
Mother Lode
Mines Co of America
Nevada Illlls
Nevada Wonder .. .
Nipisslng . .
Hay Heicules
San Toy
Tonopah i:tenslon .
United Verde
West Ilml Con
White Oaks .
White Caps . , .
Yerlngton
I
7-
.1
III
n.
70
37
811
SO
13
26
1
1.1
1
7",
3 is
II
2
3K
li.l
3
1
34
2
7
51
21
in
1
6
1
1 I
.19
H4
.11
41
27
4
21
1
1
31,
1.1
.vi
30
10
21
20
12.1
K
14
li"
20 )',
10
10
10
10
HI
a
214
A
At
Denver & rt C! picf 27
Dome Mines 12 S,
Distillers Seeur 14
Drlgga-Seabury HK
Crln . 41
do 1st luef H.I 14
do 2d pief 2H
Cen Cleclrlcal Co 1.11
(ieneral Motois Kin
(loodrlch 11 F l')'
(Jieat Noitb pref Hill
(It North Ore subs 3I-H
llteene Can Cop 41 '
Cult State Sted 14.1
Illinois Cential 1110
lul Agricul pief 49
InspiiHtlon Cop .14
Intcrbgli-Cons Cor 0
do pref 811
Int Hivrv of N J I on
Int Mer Marine 27
do pref HUV'
Internat Paper 37
do pref ct 97
Int Nickel . I(i
Kennccott fop 14
Lnika. Steel . H6
Lehigh Vallej, io
Leo Hubber & Tire 17
IIO.NIIS
Amer'can Smelters Bs.. 01
Atlanta Charlotte Cs .... 96
Bethlehem 5s 07
Cubden Oil Gs n)
CosJen & Co 6s 90
Cudahy 5s 98
Lrie Bs ., 9jij
New Haven Bs 97
Russian Uovt 3's hi)
Russian Covt 6'3s H.I
Southern Railway Bs . , . 9j
Todd Shipbuilding , 101
N V State 4s 105
94
07
18
100
07
90
07
98
HI
86
07
104
106
7 A
1.1
Kl
.12
41
21
1
3
1 1 14
2
61
Hi
33
01
01
01
06
100
01
01
80
HI
Louis & Nofeh
Max Motor
do 2d pr
Mex Petrol
Miami Con Cop
Mldvale Steel
Mo, Kan & Tex
Mo 'Pac ctfs
do w I . i
Mont Power
Nat Rnam & Stp
Nevada Con Cop
N V Air Brake
N Y Cent
N Y N II & II
Nnrf & West .
N'orth Pacific
Ohio Fuel
Ohio Oas ,
Ontario Silver
Owens Dot
Paclllc Mall ..
Penna It R .
Peo Oas & C
Perc Marouetle
do pref
Pitts & West
Pitts Coal ctfs
Pressed Steel Car
141
A I
31
88
3D
.17 Vi
A
A
36
04
31
23
1.1.1
38
110
100
40
128
6
80
24
.14
77
18
53
21
44
73
Pullman Pal Car 14.1
Ry Steel Spring
Ray Con uop . . ..
Reading
do 2d pief . ..
Rep Iron & Steel .
do pref
Royal Dutch .
Saxon Motors . . .
St L S V
Sinclair OH
Seaboard A L....
do pref . . . .
Sears Roebuck . . ,
Shattuck Ariz . . .
Sloss.Sheffleld . .
Southern Pacific .
Southern It R
do pref
Studebaker
Superior Steel Cp
Tctin C & C w I
Texas Co
Third Ave R R .
Tobacco Products
Twin City R T...
48 la
28
87
41
81
101
0P4
44
17
51
12
26
167
2.1
AD
l
24
A 4
88
36
16
205
101',
82
85
to-p, ESTATE OF FANNY
Ob ceased
DMtRACII. TIR.
Ijettera testamentary nn the
bove estate having been granted to Till!
PROV1DKNT LIFB AND TIIUHT COMPANY
OF PHILADELPHIA, alt persons Indebted to
the aald estate are requested to make pay
ment, and those having claim" to present the
ame, without delay, at the office of said Com-
I'niiaueipnia.
Am a WINO.
President.
'iitf any, 400 Chestnut at.
K
NEW YORK COFFEE MARKET
fit "NEW YORK, Muy 12. The market for
Knaeffe futures opened Irregular this mom-
fr.Jnat. with prices ranging 2 points higher to
it points lower. Trading on the call was
,;i sjuiet, wiin ine near montns negiecieu.
' Vtetai,. amounted to 4750 bags.
, . . -- - - --
;r
$m.
Today's Today's Saturday's
opening. . close. close.
Mvh ROHWK.08 R.ODffS.12
4ir3uM twl'l. H.JH8.1H H.ll8!8.2l
tkltty .....,i 8.SOBU.40 8.2558.27 R.2D&H 31
RiSSiuat ..... H.StS8.32 8.868S8
iaJnJKir--" 3.80 H37(8.38 H.43Q8.43
aWKiober .... ..' 8.418I2 8.48O8.A0
aHsWambvr .-. 8.4508 48 8A8B8A5
KasmbVr ... 8.8588.60 8.4BftH Ml 8 A8A8 IIO
aBaHaaaTsaatasltl tV -- rtt " I W n. J n.MIITII.II
BUT" , 8.77W8.70 8.68AN.70
H.76W8.TH
8.6208.84
GOVERNMENT BONDS
nid
tfttnt. WW J
U19 ..,.-... ta
. .k.......... HU
A Spf jOo
...I
.';
Asked.
1'
10T
i-h
BIG DROP IN DEPOSITS
Decrease of $5,833,000 in Local Insti
tutions Loans Larger
The feature of the Philadelphia bank
statement this week was a decrease of
36,833,000 in Individual deposits. Loans
gained (3,262,000 and the surplus dropped
(4,922,000.
Details follow.
May 1 1, Dlf, prev wk
1017 Decrease,
I.n. IT,0,n33.0003,852.000 1512.210,000
,,', (InU) -thl'."! l.OIK) 0,83,1 Oimj 44.1.242,000
Circulation. h.ihii.uuu -la.ouu
Duefr.bks, 83.367.OUO 6,7JB,0ll(l
lien ifbks. 1B.053.000 7.7B2.00U
l'lC? House 24.201.000 lBO.OOO
lies held... 00 083.000 5.074.000
lies- no.... 82.880.000 1,052.000
Burnlus .... 17,303,000 4,022,000
Increase
Burplus May 17, 1015, 130,252.000: May 18.
1014 $10,758,000! May 12, 1013, S, 483,000; May
18, 101-', iio.iso.uw. ,
Mav 15,
1016
0.43.1.000
74,240.00(1
172,013,0011
17,388,000
110,1108,000
78,002,000
37,4B6,00U
J.
BANK CLEARINGS
Dank clearings today compared with corre
sponding day last two yesrs:
1017. 1010. mis.
phlla ,155.857,080 $32,325,065 $21,031,684
Bolton ..... 34.311,849 27.478.084 24.340,753
New York... 400,644.886 310.253.302 306.806,120
Baltimore .. H.032.760 5.774,076 "o,044,447
Co "ago .... 86.883,480, B8.07S.B3U .. ........
NEW YORK BUTTER AND EqGS
, juna, w ,i.. mvtimmr nejajMS,
MONEY-LENDING HATES
NEW YOUK Money on cull opened at 3
per cent; high, 3; low. 2', ; last, 3; closed
2 ''i ST 3 ; ruling rate, 24 per cent.
Rates on loans secured by good mixed
Stock nxchange collateral were unchanged
today at 4 U ft 5 per cent for sixty and
ninety days and 4iJ5 per cent for four,
Ave and six months.
Prime bank acceptances were unchanged
also at 403i per cent for Ineligible
and 3 7-163(ff3 1-16 for eliglbles:
PHILADELPHIA Call. 4 percent. Time,
46 per cent. Commercial paper, three to
six months, 4Vs4?i per cent.
Underwd T Co pf.115
Fnlon Pacific . . 133
do pref .. ., 77
United Alloy Stl . 41
United Cle Stores. 96
IT S Cast I P & F 10
U S Express t8
U S Ind Alcohol . 123
V S Realty & Imp 11
U S Rubber .... 34
do 1st pref . ..106
U S Steel 117
do pref 117
Utah Copper ....113
Utah Seo Corp... 18
Va-Car Clicm .... 42
Wabash 11.
do pref A .... 45
do pref II 23
Westlnghouse Mfg 48
West Poc R It . . 13
do pref ... 40
Woolworth . .. 123
Worthlngton P&M 24
Wheel & L E 14
White Motors . . . 44
Willys Overland .. 38'
Wis Central 48
Wilson Co 71
14
01
22
34
26
1.14
103
19
lOlKs
30
11
141
100
49
54
0
A.14
109
40
18
36
00
30
44
84
60
11
140 I
All
31
81
38
.1.1
A
.1
25
04
.10
23
133
86
38
118
00
46
121
5
8!)
20
Al
11
18
AS
23
43
72
144
47
28
81
41
80
101
00
44
II
Al'i
12
26
ion
21
40
00
24
34
87
31
16
204
18
51
HI
lis
132
17
41
on
10
18
120
11
54
100
113
111
113
18
42
11
45
23
46
18
40
123
24
13
44
21
46
11
(II
2.11)!
31
28
134
103
40
105
31
41
144
100
10
33
0
All
109
21
19
31
01
40
44
H8
60
11
141
51
31
HH
30
51
5
5
23
04
31
33
135
87
38
110
100
46
128
6
80
21
51
77
18
33
24
41
72
143
48
3
1
1
-I-
2
4 2
''
1
-f 1
14
-t- 14
1
1
1
i
1
Toilll
Hid Arke
llrlll .1 II 2.1 21 2'l
HuriHlo K Su, t 1 . nil 57
ill IT. f 51 4K
llnlilvWu . .'it .-. 51
i:iei irh .sturuxe . .Vi r, ris'j
(linirit AkpIiiiII .. 21 24 21
do pref 111 ill Un
kewttim Telephone ,11 14 Ilia
l.iiKe Hup Corp . . 17 IH 17'
Lehigh Nuv 701? 77 76
I, "Mull Viillev (ill'.j 01 1,01,
l.ihlxh Vnlley'lr.. . 21 Jlh ..
do urer . . 434 41 4.1'.
l'ennsIVHlila All. 52 Bl7
I'lillaifeliihla Lleitrh L"U 2'i' 20'
l'hllaildnhla C11 . .U'a .14 :il
do 3 per cent prrf II 35 31
it,, 11 per 1 tut pref 3s 3s'a ."is
Phil 1 II T t 2c, -.mi ii,
Heading Ml34 M Ml1.
Iittiop.ili Heltmml 4 4V 4
Imuipiih Mlnln (I n,, H
I lllon I rue I-.". 4 I 4JU
r Has Imp . 771; 771a In'J
I S Sleil 1171, 117 till
11rU Itnv I I'-j 11 I4'j
do put .III", 37'. .17
VVm Cramp t c b.i t.4 84
Saturday's
Hid AHk.,1
51
5I
r,ov
12
i:,
77
lit
44
54 'i
211,
II
31
3H'4
20
hll'a
M
4 1
7ll
in;'.
15
:i7'a
.1
Stock iradlne on the Philadelphia nx
change did not show any Improvement with
the start of business this morning. Very
few orders had accumulated over Sunday
nnd tho public was not represented In tho
dealings to any extent. This made the
maiket almost entirely professional through
out the whole session, ., , v
Traders oie waiting, for action to be
taken on the proposed Federal taxes, ana
until this measure Is out of the way those
Interested In market affairs do not oellec
that the market will show very much life.
It seems to be the general opinion that tne
measure, as first suggested, will not go
through, but that It will be drastic. Is the
general opinion
Hankers and brokers continue to busy
themselves with taking subscriptions for the
Government Liberty Loan, and unlll this
loan Is well under way It Is not thought
that much else will be attempted While
dellnlt6 figures on the amount which lias
been subscribed here are, of course, not
Available, It Is understood that tho tmount
Is quite satisfactory.
In the trading In stocks Lake Superior
Corporation was tho most active of th
local Issues, and gained a fraction as com.
pared with the final price of Saturday. Tall
Ing tho market as a whole It was much 'beti..
In tone than In tho latter part of last week
prices In the majority of cases belnr
little up, " a
Strength was shown In United Oas Im.
provement stock and the company's war
rants, although they were not as active as
was the case lost week. The warrants
got up nearly 1 points, while the stock
rose a half point. The strength was dug
to better support for these Issues.
It was not until late In tho last hour that
any of the traction shares appeared on the
tape, then 6 shared of Union Traction earns
out at 42 i, representing a gain of y
Philadelphia Rapid Transit trust certificate!
sold lata In tho day at 29, up H. in tnt
bond division only a little more than $20 003
worth had changed hands by the last hour
COTTON PRICES RISE;
GOOD CROP WEATHER
Bear Influence of Better Growth
Is Overcomo by Stronger
Cables
(OirilN IIEI.T WEATItEB I OMHTIONS
WHEAT SELLS LOWER
ON CURB REGULATION
Drastic Action by Board
Trade Results in Sharp
Recessions
of
New York Bond Sales
$ I noon Amer for S,
1 1,7 ,,
IllKll
ll.-.W
II 1
lll'4's
DM,
JM
Sl,
111
111
00
Mill .Viihlfi-Krcncli 5m
.limn vnu-r Sim It S-i H
.MOlMl Amer re I 5
limn Amer 'llirtitd Is
1111111 Amer Writ Pop 5m
7IHHI Armour Co Pus
7U1II Atihlson 4s
Hum do is uiiiii
.111(10 Hilt Onlu Am
5IIIIU ili Is
2I1IIO do cv 4'js
mini 11 a c .sun :t'i m
150110 Hrkn Ho Tr 5s mm
.10011 I'nn llovt 5s 10,11
KHIII Oil Uas tr Klec As
1000 Cent lla conn 5s
Minn I', nt Leather lat As
11000 Clies & Ohio cv li
JKMIII do canv 5s
120011 Chi (It West Is
7401111 Chi 11 A Q rcn 4h
51)1)11 Chi II & O III .1'js
11)0011 Chi M & St V Is 10'., 01
HUH) do rfd 4'js new. SO
11)011 1I0 conv As .... 111)'.
Ulllin do cp 5s lilt
20011 lo iv 4'j . 02
11)011 do 3V?s 7.l'4
uiiiii 1- it 1 a. i' one sia ts uxm.
H7Vn
lit,',
HAW
on
US',
s'i
1.7'j
'III
so'.
Vi
''
'
1 14
8
86
1
4
81
101
60
44
17
31
12
26
166
2.1
.10
91
21
.14
87
36
16
40.1
19
A2
H5
115
133
fl
41
96
10
18
123
11
64
100
111
111
113
18
43
11
1
14
2
1
3
-'
Vi
7A0O City of Paris t!s
21000 Con (las conv fis
50011 Del X Hud mnv Ah
10011 Ills Secur Corp 5s
loon city of HonlK 0.
401)1) l'rle conv 4s Ser A
4000 ill, Ser II
400O do Her I)
1000 Klin 1'a 4s
81000 1'iench Itepb 5' is . ,
1000 Oen Wee del, 5s
40011 III Steel 4'j
loon Indiana Steel 5s.
7000 111 Cen C C t, St L 5s
loooo Intcrb .Met 4b.
30001) Inter Mer Mar lis .
looo Internl Paper 3s
500 .lapaneso new t'$s.
looo Kan City So 1st Js
lloon Knn City Ter 1st 4s
tlllll) Laclede Oas 1st 5s
1200D l.k Sh del) 4s lO.'ll
2000 Mr 4 M T As
20011 d 7s
1000 Louis & Nash 4s .
looo Lo Cln H 'i'exns 41? s
looo City of Marseilles i,s
200(1 Manhattan 4s.
1IIO0H Minn & St L 4n.
4000 M K & T 1st 4s
(1000 Mldvale Steel 5s.
47000 Mo I'aclflo w I 4s .
8000 Slontana Power 6s
1000 Notional Starch 5s
50000 Nlai-ara Tails I'ow As lot
7000 N Y C & It .I'll SO',
10000 do con 4s . . S.l'i
400(1 1I0 Us 101
25000 do I'-aS 00
2000 N Y Cltv 4s 105S nil's
5000 do 4s 1050 . 00
10000 do 44 B 1000 . 101
20OO do 44 a 1003 ....11114
10000 do 44 s May 1057 .101
11000 NY Nil & II 0s,. . H!),
50000 N Y Huy Ob 244
3000 N Y Tel Ben 44 b . . 044
4000 N V C (c St I. 4s . IIO'J
2000 Nash U l. St L As ...101
200011 Not l'ao 4s . . . 804
2000 do 3s ... 044
4000 Ore U V II & N 4h , 824
2000 I'aclflo Tel OH
30000 I'enna Ken ct 44 b . Ii.l's
5000 I'enna eon 44 s 0H4
1000 do Ser 11 4s . ojv,
8000 Pero Morouetle 5s . H
100(1 Home. IV & O It II t 6s 0H'
014
107
Oil,
00
1144
57
5(14
IIS
hs',
O'lU
loo
X8"
l(l"l
074
044
III",
.100',
81
Ill's
84 ,
H'O'a
111
HI
121
014
. !IH
1144
??
. "II
III
. 004
014
11(1
'
1
43
23 . ..
48 1
13
40 Vi
13 1
24
14
44
27
4S 2
71
FOREIGN EXCHANGE
NUW YORK, May 14. The feature of the
foreign market today was the firmness In
rubles, with the result of quotations at 27.30
for cables and 27 for checks. Italian ex
change was barely steady, in was Swiss
exchange.
Quotations were;
Demand sterling 4.7S. cables 4.76 7-16,
60-day bills nominally 4.71, 90-day bills
4.69 i.
Franc cables 6.71. checks 6.72 Vi.
Lire cables 7.0IV4, checks 7.06.
Swiss cables 6.12, checks 6.13.
Guilder cables 41, checks 4014,
HUDle cables Z7.30. checks 27
Total sales, 461.300 shares, compared
446,200 shares last Monday.
with
Ex dividend Intfrnational Nickel, 14 ; Inter,
atlonal Nickel preferred. 14.
Reserve Banks' Discount Rates
ncston . . .
New York...
Philadelphia
Cleveland .
Richmond ..
Atlanta ....
Chicaco
HI. Louis ...
Minneapolis
Kansas City
Dallas ..
Han Francisco
10 or
less.
. 3
8
S4
Over 10
up to 30.
34
4
4
4
4
4
4
4.
Over 30
up to 60.
4
4
4
4
4
4
4
Jtt SB
4
34
Iloston
New York..,
Philadelphia
Cleveland , ,
Richmond ,
Atlanta . ...
Chlcaso ....
St. Louis ...
lones poos
s city
Acrlcul.
Over B0.
.... 5
n
8.
Trade acceptances.
Up to 60. Up lo 00,
Over 60
up to 00.
4
4
4
4
9
44
34
k
i
J
lloon Hen lr A St 5b
10000 St I. & 8 F In Os
540IHI do Ser II 0s . . .
10000 do con 4s
toon st Louis bwn 5s.
5000 San A & A P 1st 4a.
looo South Hell 5s ..
r.000 South l'ao cv 4 .
3000 do rfd 4s .
17000 South I'ac iv 5s
11000 South Hwy 5s .
100(1 Texas Co tv (Is
62500 U S Rubber ct 6s .
10(10 do Us
200011 tl S Steel S V 5s .
6000 Union I'ac 1st 4s.. ,
0000 tin Ilwys S K 4s
1(1 U K of O 11 A I 5s
111 do 54s HUH... .
114 do 54s milt new
37 do 54a 1010 .
At do W. 1021. . .
1000 Va Car Chm s. . .
3000 Va ltwys 6s
500(1 West Klectrle 6s,...
1000 West Union 5s
Iin'i
47S
784
102
III
83
074
814
8(1
07
07
101.
Lou
!l4
1044
9S
IIS
88',
0114
WIS
"X,
07',
HS's
N74
(IS
05',
mi
Iis4
ll'l's
784
814
117
Ill's
SO',
III
811
o4
lot
04
7.14
014
3s
1004
III)
Ull
014
A14
U7
ss4
100
ss4
loo',
074
044
nil
1004
Hl.
04
84',
loo's
111
no
121
014
118
1144
M'i
17
7(1
014
III)
014
no
no
so';
814
lni4
on
oo
O'lTs
101
1014
10.1
os
2.14
044
oo'i
lo.i
80
044
8J4
OH
05s,
004
(144
88
00 'i
1104
47
784
104
04
111
074
814
H5,
Oil,
07
103
I lose
054
!l.'l4
1044
OS's
OS
ssj.
004
00,
Oil
074
87'.
89
874
IIS
Ml',
III',
os4
IIO'J
s.,s,
(17
Ill's
hll'
01
811
n4
nil
04
ts
04'
100
III)
00
044
17
r,'.
07
8s4
oo A
loo
HS4
loo,
074
014
llill'i
81
04.
84'i
1004
01
till
121
014
OH
044
814
17
7(1
014
1,0
0.14
no
lot
HO'i
814
lo.i
no
nnS
onT
1(11
1054
in.i
os
234
044
oo'i
HH
80
044
844
OH
1134
064
044
HK
Oil's
004
47
784
104
111
61
074
814
hn
074
07
I03,
ns r isir Hi Ihe extreme Mraiimrsi. .
The follow Ins temperatures " rf ,i
Xslietllle. I3 At antn. s,ahllle nnd linyx
vll e. "n lllrmliiahani'. 4Hi .Marmi. .rimttj;
niiiea. llinlnstoii. Ainrustii. .BJjlh4 DWa;
bonm IIU, .Memphis und .MerldUn. - ,!"
imltb. I.lttle Kocl. Jlonlmmery. ""'?
Iharlestoii nnd Snvanno. At .locksoiiTllle.
lckshiirir. l'ensncola nnd Mohlle. A6, "rrr
port. 5Hi sun Antonio. OOi Del Rio. "2; Tampa,
lorpns thrlsll. Galveston and .New Or
leans, 61, .
NHW YORK, May 14. A strong tone
was displayed at the cotton opening with
prices advancing 9 to 24 points Thero was
a good demand for July from spot hoiiseij
and room traders Liverpool and Wall
stteet purchased ,
The m.iln supply came as a result or
piotlt-taking by western Interests. New
Orleans was an early seller here nnd com
mission liom.es, while trading on both side,
fold on b.ilance
This Inllueiue of good weather was otf
eet by 111 in Liveipool cables, prices being
14 to 1!) points net higher at the time of
the local start; they were due to come 9
lo 21 points up
The market was nervous and excited
thiiiugliout the llrst lioui The volume of
business tnperltig somewhat toward 11
(Alock, but there weie still siuits of cov
ering and prices lit Id film, with .lu'y selling
up to 20 0.1 and October to 19 50 or 31 to
I., points net hlghci and about S'i to 110
points above tlio low level or last wick
There wero rumors or heavy western buy
ing and also of buying by the Allied (lov
ernments. but, while there was a moderate
demand from some of the shorts with west
ern accounts, Jho advance seemed much
less the result of fresh bullish sentiment
than a scare of shorts owing to the state
of affairs In the grain markets .and piob
ably tho bulk of the business at the expense
or the outstanding interest.
The market closed below the top, but with
net gains of from 1 to 30 points.
Sat
Mav... .
July.
October
December .
Januar ..
March .
spot
Liverpool Cotton
LIVERPOOL, May 14 There was a good
demand for spot cotton today and prices
wero 9 points higher on the basis of 12 89d
for mldupland Tho sales aggregated 10,000
bales, Including 8000 bales American. The
Imnorts were 5000 bales, American none.
The market for futures closed steady at a
net advance of 1620 points.
WEATHER CONDITION'!)
'P .".fa,h'r "ureo this niornlna- Indicated
the fnlluwlnx weather conditions!
Temperature,.
IllKll. iow.
so
Canadian Northwest
.Northwest
Middle It est. . ,
Southwest t .
t pper MIns.V alley .
I oner 311ns. alley
Ohio Valley..
clear
clear
. .cleur
. .clear
. . clear
. irtear
. .clear
51
54
fill
54
"O
All
40
46
M
42
48
40
close Open. HlRh. Low Close
10.81 10 00 20 20 10 0H 20 01
10.NI 10 85 20 0(1 10 84 Ills",
10 Oil IB 25 IB All 19 2.1 10 31
10 10 10 37 10 50 10 30 10.17
10.211 IB 44 19 00 10 3S 10 4.1
10 30 10 00 .. .
20 15 . 2" 30
Cotton Buyers and Sellers
NCW YORK, May 14 May Sellar, Or
vls and It. Hubard bought; Ilartcorn and
Sellar sold.
July Uartlett, Schlll, It. Hubard. Car
doza and Orvls bought; Newman, XV Gu
moens, Ilartcorn, Downs, McFany, Geer,
Cassard and Watklns sold.
October Bartlett, Glfford, Downs, Black
and McFany bought; Newman, Wilson and
Hess sold.
December Clearman, McFany, Burnett,
Uotts, Brooks, Lowensteln and Mitchell
bought; Parrott, Lever, Wilson, Hess and
Geer sold.
January Downs and Schlll bought ;
Ilartcorn, Dixon, Rlordan and Hjinan sold,
March H.Hubbard bought; Hentz, Schlll
and Lowensteln sold.
II, l-U IIM-, JIM",
8114 HO'I HIIU
loi l(ili nil!
1054 mi 1054
04
30
07
Dll'l
nn4
064
ois
noli
06
100
08
1144
30
mill
no4
no
nn'4
n.i'l
1004
on
inn
08
J
04
3(1
0611
no';
no'I
1164
035
1004
on
100
98
Total sales, tl.818,000, compared with $4,893,
000 last Monday
Cotton Consumption Grows
WASHINGTON, May 14. A report,
Issued today by tne itureau or census shows
that there were consumed In April, exclu
sive of Ilnters, 552,303 running bales of
cotton, against 631,714 bales In April, 1916.
Exports last nionth Including Ilnters were
313,692 running bales, against 522,375 In
April. 1916. The Imports In April tota'ed
29,968, equivalent to 500-pound bales, com
pared with 67.478 bales In April, 1916. The
number of cotton spindles active In April
was 33,259,895, against 32,113,441 In April,
1916..
More Gold for Spain and Japan
NEW YORK. May 14. United States
gold coin, to the amount of $1,270,000, was
withdrawn from the Subtreasury today for
shipment to Spain. There was also with
drawn SBO.OOOor export to Cuba and J500,
000 was transferred to San Francisco on
account of an equal shipment to Japan.
Gulf States Extra Dividend
NEW YORK, May 14. The Gulf States
Steel Company has declared an extra dlvl
dend of 1 per cent in addition to the regular
quarterly dividend of 2 per cent on the
common stock, payable July 2 to stock, o
record Joune 16. Although this Is the first
extra dlsbursemen to be ordered by tho
Gulf States Steel Company on the common
sahres, the declaration did not come In the
nature of a surprise. Net operative Income
for April amounted to $291,540, an Increase
of $102,587 over April, 1916.
CHICAGO, Mav 14. Severe recessions
from the record-breaking high prices of
last Saturday, when July touched $2.75 and
September $2.46, occurred In the wheat
market here today following adverse rullnf
by the dltectors of the Board of Trade at
a special meeting barring all purchases of
wheat whatever for two daji except to
liquidate existing contracts.
The action of the directors was made
necessary by the frenzied buying recently,
chlelly liv millers and foreign governments, ,
which was lesponslblc for the phenomenal
levels
President Grlllln declared that it It were
not for the h.vsterla that had seized
America and the foreign Government",
theie would be no such prices for cereals
In the initial tiadtng there was a general
rush to even up, which tesulted In a fairly
liberal business for some time, after which
Hading fell off
The largei commission houses refused all
new business and longs geneially evidenced
a desire, to get rid of their holdings
Some of the leading houses announced
that until further notice they would accept
no trades In wheat, corn or oats options
ccept to sell or to close up existing con
ttucts No contracts for July can be entered Int
at a price in excess of $2.75, and no con
tracts for September can bo made at a flgura
above $2.4A.
After touching S2 72 In the early trading,
July dropped to $2.52. closing at $2.59, com
paied with $2.75 nt tho end Satuula. Sep
tember, after selling at$2.44 early, fell to
$2 23, closing at ?2 28, against $2 40, Satur
day's last price.
The tegular' news was virtually Ignored.
Weather conditions over the northwest and
Canada were favorable for the crop. The
maiket at Liverpool was dull and easier on
liberal world's shipments, the I'nited King
dom getttlng 4,000,000 bushels out of a total
of about 8.921,000 bushels for the week
The visible supply In the United State!
s)ncieased 937,000 bushe's foi the week to
33,080,000 bushels.
Corn moved up In a sensational manner
as the result of the decision of the director!
foibldding trading In May, but declined
sharply, although finishing above the bot
tom. Shorts were badly frightened for a
time. There was u good deal of realizing.
The visible supply In the United State
decreased 1,035,000 bushel for the week to
4,470,000 bushels. The market nt Liverpool
was firm
The stopping of trading In May also
brought about a big Jump In oats Shorts In
defeired options were badly scared There
was a good deal of profit-taking by longi
and final prices wero conslderablj off from
the top.
. The lisible supply In the United State!
decreased 1,292,000 bushels for the week
to 24,631,000 bushels.
Local commission houses took similar ac
tion to that of Chicago brokers.
Leading futures ranged as follows , ,
SatMav'l
Wheat Open Utah Low Close close
July 2.72 2.72 2 54 t2 A'l 2.7.
Sept 2.44 2.44 2.23 2 2S 2 46
corn mew delivery)-
LOCAL MINING STOCKS
TONOPAH STOCKS
MaeNamara
Midway . .;;;
Mtzpah Extension
Montana
North Star
Rescue Eula " " '
GOLDF1ELD STOCKS
Atlanta
Hlue Hull I..!!'
liooth '
DiamOndrteld II U
Daisy
Oro
Sand Ken ....!
Sliver Pick !!!'!:'
Bid
, .(IB
, .13
, .00
, .19
. .12
, .20
RAILROAD EARNINGS
DULUTII. MISSARE AND NORTHERN
Tear ended Dec. 31 1 ..,.1016 Increase.
Total oper. revenue.. .$14,380,277 $4,470,728
jt ..4... 7,843,088 2.200,741
Total Incom 5'SH-rSi 2.311,037
BurPlue i'fifHS8. 2,181,686
Dividends 4.112.500 1,028,121
Surplus".... 2.740,069 l'.HslBSl
SOUTHERN RAILWAY SYSTEM
Lines East and West: 1017.
First vveek of May s'5JS . $180,750
Krorn July 1 ( 88.564.234 10.261,306
MOBILE AND OHIO
Vlr.t week of May.,... 1244,486 111.148
Krom J"' '"' l0'00'"'0 053:140
GEORGIA SOUTHERN AND FLORIDA
Klr.t week of May , ML422 4.10
From July 1 ..ioi.bit S02,f3l
PACIFIC COAST COMPANY
March cross " 1360.327 $1(0.662
Net ....... ........ 90.004 82!08
Nino months' roaa 'SJiSSX "JJ"'
Met ......I ,. 71S.0-S . ,
ijwm.V .- v,i ,..?; i VwV
n.;i?o
Arizona United
jsevaaa mil . ,
Tecopa Mining
MISCELLANEOUS
,00
.04
.07
.02
.01
.01
.01
.11
Asked
' .11
.15
.11
!l3
.28
.11
.04
.OS
.01
01
.01
.04
.13
.25
.20
.24
'.23
Financial Briefs
The New York Subtreasury gained
$4,576,000 from the banks on Saturday
making a cash net gain since Friday of
$8,305,000. x '
There have been admitted to the regular
list of the Phlladeiohla Stock Exchange
$700 additional stock of the American Tele
phone and Telegraph Company; nddltlonal
Glrard Trust Company receipts for $21 900
preferred arid $9600 common stock of Le.
high Valley Transit Company; $600 addi.
tlonal comon stock of Electric Storage Bat.
tery Company. Also $10,000 additional
Philadelphia Company consolidated morta-aa--,
and collateral trust 6 per cent bonds: $320
000 additional Commercial Trust Company
ceitlflcates.anU $61,000 additional Provident
Trust Company certificates of Phllade phla
Company bonds. ni
UTIw tvHv ulriM for April of the Ti
July
Sept
Oats
July . ...
Sept. ...
Lard
May July
Sept
Ribs
May ... ,
Julv ....
sent
Pork-
May
Julv
Bid
1.5(1
1.52
68
... 58
...22 50
. .22.65
...22.05
..21.00
.,20 01
...21.12
30 30
... 39. "5
tAsked.
1.00'i
1 54
734
04
22 80
43 04
23.15
21 25
41.40
1,50
1.42
5,s
22 50
22.62
24.05
1 184 1 4,
1 504 L44
OS.
00',
58
124 84 '44 37
24.04 J-'4 50
24 05 t-'2 63
120 81
20 00 21 00
21 03 tUt 15
20 60
20 84
40 HI
138 BO t10
.10.76 38.00 J9.10 39 0
t.S'omlnal
LONDON STOCK MARKET
Trading Dull and Irregular Americans
Are Lower
LONDON, May 14. There was only
limited accumulation of orders Tor securltlei
over the w eek-end, and the Stock Exchang
markets today were dull and Irregular.
The gilt-edge section was mixed,, wlt
the war loans mostly weaker.
Allied bonds wero flimer on continue!
good war news and an Improvement In Ilus
stan exchange.
Americans were lower and neglected.
Grand Trunks were steadier on a cessation
of last week's selling, but buers were cau
tious, pending the clearance of the nation
alization outlook.
French purchases rallied Argentine rail.
Home lines were narrow, but were sus
tained. Mines were quiet. Some oil Issue
displayed strength. The rubber group was
Inactive.
DIVIDENDS DECLARED
Standard Milling Company. .Quarterly of 1
per cent on the preferred Block, pas able out 01
the earnlnaa for the current fiscal year on 111!
1 to preferred stock of record at Ihecloi; of
..... - ll !. The third 1ns a Iment ot
in ash and 1 per cent 111 stock
er cent in -." ,n, v. ,,. ---,,... u
8 per cent dividend on common stock He; j
eh on October 23. 1910 will be paiablj os , M
t 81 to common stock holders of record , t4
1 per cent
tne o
clareo
May
the close or Dullness on !. Ur
Standard Oil Company of rvebraska, ""'.J
semiannual of $10 a. share, pasable June
to atock of record May 10. .
Phlladelohla Electric Company, regular !
terly of 1 per cent, payable June 15 as rei-
tered May 22. Books do not close. .,..,
Cudahy Packing" Company, reyular auart-TiJ
144 per cent on common, payable June
atock of record June 1.
MVP STi-ii-ir OIlfiTATIONS I K
i-ini-fnn xiv 14 IIOOS Reirlpts. 4"oM t '
.--:.-.. . .". ., .mi imirn- t
head. Market iu-w-iuc niener. ai'" srwiYiAt I
era. $15.85616 5T,:jjood heavy. !?'X;ai'
"ouch neavyTllti 0310 30: llcht. 118 20l.l ff.
pics. H2.60O14.25i bulk. 116 20 I8 60. .-t,
CATTLE Receipts. .18 000 head. Ms-W r
atromr. Beeves. SOU 18.70; cows and -fifll'a J
!6 504Jll,76j stockera and tttOtrm tOW T,
Texans. J7.V5OI2: calvea. 12-60 W-.'S. H
SHEEP Receipts. 7060 head il?JlJZ
hlcher. Native and western, $10.2316i ""J 'Tj
,IUM et m
AR SILVER
pi
m
..Wllwfl.