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-- . ,
P" ll
EVENING LEDGER-PHILADELPHIA, TUESDAY, MAY 22, 1917
X REILLY, BROCK & CO.
1IA.NKE11S
INVESTMENT
SECURITIES
MUNICIPAL
RAILROAD
AND
PUBLIC! SERVICE
CORPORATION
OOND3
306 CHESTNUT STREET
i;iiii.Ai)i.i.iiii.
s
1 Every American Is ex
pectcd to subscribe to a
portion, no mntter how
small, of the $5,000,000,000
war bond Issue. Orders
will bo executed by us In
accordance with tht terms
prescribed by the Govern
ment, without commission
charges of any kind.
Do not delay Invcstlnc
your savings In such a se
curity. You will thereby
add a link to your chain of
Independence. Your sav
ings will find Incrrruwd
earning power through In
vestment In Kcciirl of
merit, the choice of which
Is facilitated by suggestions
contained In
"Investment Opportunities"
I Tbli filu.tile nuMlriiiem
.tioult lie reriilarl reil"el t.y
erry ene wlm li tiiierr!-.) In In
ereailmz the e.rntns in"er ( LI
.iiriilii. fund. It Mil Ik1 nt
! free, beglDnltig with the current
Ipnue, nton reque.t ror r ,
Including booklet eipulclrv
"The Twenty Payment Plin"
w kwtvtmeiMyfcurttirv
ih.UWUIieJ IUU1I
40 Excbinfe Pile New Tor.
.UP.0arftg6.
BANKERS
UKJUlU.b.d 1IUU
321 Chestnut Street
Philadelphia
Odd Lots
Stocks Grain
Unlisted Securities
Tbo iimt careful attention given to
mall lota to those of larger amounts.
HUGHES &DIER
. 1 PhlU. Htock Kirhanr.
Memticra ('hlcaro IJoard of Trade
1433 Walnut Street
Philadelphia
OlinFinkeit
Si: CoMEANY
.AUTOMOBILE BANKERS
Offer special facilities for In
dividuals or automobile deal
ers to finance the acquire
ment of pleasure cars, for
business houses to finance the
acquirement of commercial
cars or trucks. If you are
thinking: of purchasing a car
of any kind for any purpose
the FINNEY SYSTEM will
make a better business trans
action for you.
REAL ESTATE TRUST DUILDING
PHILADELPHIA
FINANCIAL NEWS J
TRADING SMALL IN PHILADELPHIA,
BUT PRICES ARE MOSTLY BETTER
Financial District Giving More Attention to Floating
Liberty Loan Than to Dealings in Stocks York
Railways' April Earnings
Small trading iimllnurd to rule nti the
Philadelphia Stock I xthange today. While
some of the arbitrage sleeks were a trifle
lower, this being principally true of United
States Steel common and Heading, the home
shares were Inclined to seek a hlKhcr level
In romparlsnii with the closing quotations
of last night In the afternoon the arbi
trage Issues, recovered their losses and wild
higher than the close of yesterday.
None of tbo changes In prices were large,
and thereforo It rould be said that they
vvero without meaning, with tbo exception
of showing that tliele was a good fo"llng
In the Street Hrokeragc houses all through
the financial district have gHen oer their
selling staffs generally fur the flotation of
the I.llirtty ,oan Then, too, moM of the
Interest lies In tbo success of the Govern
ment offering
With this In mind. II ran hardly be ex
pected that the market will show much life,
and operations In the stock in.trkel are be
ing carried on with this In view. Every enc
In the Street regard as an assured fact
that the 'lovertinient loan will be floated
It was left to I'niled Slates Steel com
mon to furnish the greatest part of the
trading This was due In I'ktge measure to
the nativity of the .stock In Wan street, and
here, as In New York, the jirlce was off a
little In the morning, but In the afternoon
It sold up to n new top mark for tbo ear
of the homo shares I.ako Superior Corpora
tion held the renter of the stage, but only a
trifle more than 300 shares had changed
hands beforo midday,
Philadelphia Itnpld Trail lit trust certifi
cates sold up a fraction on very light trad
ing, this being the only reflection of the
April earnings' statement which was Issued
after tho clot-c yesterday.
Increased costs)f operation are reflected
In the April onrnliigs statement of the York
Hallunvs Company, out today Thli Is In
common with tho showing made bv utility
companies generally While tho gross for
the month rose t.i $82,331, nn Increase of
SlBi!) the oporntlng expenses gained $7676
to $11,102. which resulted In net earning'
of $41 228, or a decrease of $277fi. as com
pared with the i in responding month of last
eor Five months' gross $tl'l.4fS. Itnrease
$1128",; operating expenses $I!I8,3I7, In
crease $27.7"4 , net JJI2.HI), Increase
$10 liflo.
1 1 lull. Ii.
ilMir l 10
lirim. HI .t'l
in I'm. .", I :ui
rle.ir 71 IIS
ixim. ". r.s
Imiui. "K 111
in i. no 111
VOLUME OF WHEAT
TRANSACTIONS SMALL
Better Crop and Weather News
Results in Weakness, Partic-i
ularly in September
ui:.Tiii'.it osiimiivt
M:U .IIIIK. Mas 2.'. illlies melted lit
I he Mmtl.er Hurt-in I III- itiiiriiliiB ImlUiitril
tlie follnulnc we.ill'cr i Ullon-.!
lenilierillliri'-.
raiimllnii Nortliuf.t .
Nortlmc.t
MliMIe Vet
oulliwe.t
I pier Mli.liil utlr
Ijnuer Ml....pil nllej
llhln lnllv
Ihe tiillimlin: ireilltitt)iiii nil liiinel m
reported! Mile- ( lt. oil luirlfs t lit, .lit
Mirrlilun anil llmilil lt. .Ill ( Inclimutl, .lill
0I11111I111.. ,'JIi let rl.itnl. ,2il Inill.lii.lliiiIK
.10 luledii, Ml.
cilICAiio, Mat- "J Trans-v"'"""' In the
wheat lilt tod.iv were few and far between
The pit was virtually negUcted. although
the range of prices was fairly wide The
tone of the market was weaker, particularly
for Jeptember, which was sharply lower be
raiibo of better oroi and weather news
It wan believed that higher temperatures
would follow rains of the ;nst,forty-clght
hours, and this caused longs to part with
holdings
There was a good rtulv from the bottom
The high on July was $2.34, the low. $2 27,
and tho close, $2 32, or le below esterday's
final price The top on September was
$2 13: the low, J2.02, and the final. $2 05
bid. against $2 10 at the end esterday.
Tho market at Liverpool was dull and In
clined to go lower.
The visible supply' In the 1'nlted States,
according to Ilradstreefs. Is 30.073.000
bushels, a decrease? of 3.3S3.000 bushels for
tho week, and cnmp.ucs with t3, 400,000
bushels a year ago In Canada It Is 38.
9114,000 bushes, a decrease of 7,217,000
bushels for the wvek and rompaics with
C4. 178. 000 bushels last jc.ir.
In the main corn was firmer, notwith
standing fine rains over the belt, but at one
time the market dipped on selling by slioits
who had covered on the In'tlal bulge Uvl
dences are accumulating that the United
States will have little competition as far as
tho sale of com to Impotting countries Is
concerned There were teiteratlons as to
the enormous acreago in the niea In this
country
A private report noted nn Increase of 21,
000,000 acres In the surplus States, of which
Kansas furnished 4,000,000 acres and Nc
btaska 3,000,000 acres.
Planting Is declared to be further ad
vanced than usual.
Tho market at Liverpool was llrm, and
good absorption of spot
Oata turned heavy, following a show of
firmness. Favorable weather was against
tho market.
Lending futures ranged as fgllciws:
COTTON ENDS WITH
PRICES IRREGULAR
Bullish Crop Report Causes Ac
tive Covering Movement May
and March Lower
(ottos iii:i.i u i:tiii.i: ionditions
M.W Olllt. Int !J. In the intlnn Ml
till, mnriilnir tirftlplliitlnti tins reported in
ArkiiPHis, IrmitHMe, Villi una. t,oilll ml l
llml let.i.
The riillottiiii; trmprr.ittirrs were rprnrileil:
obliiliiiui i, Tti. I'urt smith unil Itinivtllle.
.IS; Ihllrnr. I.Oi l.lltle It.irk mill lllrinliu
tin Mi. CI; s.i n Aiitimlii, llrl 111. I. I hlftilliixiltl.
Nii'htllle. (ill. slirrtrimrt VlrinpliN mill At
luntii, lis: Miinin unil 1 linni.istillr, fl t (ill
testmi. li kHhnre. I'eniirnl i, Aiietit'i.
sutiiiiiiali, Hiilelieli mid .furl.Mmitllle. Til
i nrpus C firl-ll, Mrritllitn. tlnnlminirr,
f hiir eston. v llinliitttiin unil 'liiniii.i, ?li New
Or.euih unil tluhlle, 70.
ll'ere wii .03 hull of irrriplt.itlmi nt
OklHliom i. .11.' Iitt li nt ( liiilhiiinetai ,10 bull
lit MirrtejHirt. .St) Inrli nt Kniittlllc
Ni:W VliItK. Jlnv 22 fjood cables and
favorable emp weather ciused a firm tone
at tbo opening of the rolton market today,
advances of 8 tn 11 points being recorded
The feature of the trading was the large
supply of July from one operator, the
source if which could not be ascertained
Southern houses wcio sellers and, room
trailers also sold.
A prominent spot bousesjwas tbo prin
cipal buyer of July, nntl commission houses
and uptown Intriests absorbed every bale
offend on the call Later, however, the
pressure Increased and prices by tho end of
the llrst ten minutes had dropped 1 to S
points under tho Initial levels
The market, novel thclcss, displayed a
good tone and rallies nftcr reactions wcro
In oiiIt.
The market broke sharply soon after the
opening There seemed to be a renewal of
the selling movement width developed yes
terday afternoon and stop orders wcro un
covered on the decllno tu 20 40 for July
and 20 15 for October, or about 25 to 20
points under Inst night's close.
A bullish report. Issued by Clement Cur
tis & Co., on cotton crop conditions lead
to an active covering movement In the
afternoon and a renewal of siipinut from
several Cotton i:change and Wall stieet
bulls Prices regained all of the early
loss and toward .' o'clock showed a slight
net advance
The mntket closed Irregular, with all
jnonthH higher oxiepl .May and Mnich.
Ilxpoits for the day were stn bales and
for the first three da.vs or the week only
Oil) bales. Today's exports were all for
Uteat Ililtaln
Sales in Philadelphia
4 ni
4
I
'A
'A
1 ','
r.
Net
lllstl Irfiw floss rhe
430 Am Stores 31 3D 37 'A
2.1 Am Milling 014 H "'A
14 Am Itys pf 03 91 02
SO Paid Loco. finVl n!)V 80 V4 ft
20 dopfd..lnn loo loo 'A
l I! ft M pf . (in flo on
10 11 & o 7n, inn 7), 'A
0 Cam Iron .14 14
Un Klec Slor. fll 11 fil
8 (J N (I ctfs 43'A I3'A 3V4
35 Insplr Cop no no on
0 Intcrb Cns HI", W) Wi
in Kenno Cop inti. 4tit Wii
1000 LkSupCrp 20V4 ll!h 30
Isl l.eh Nav.. 77 77 77
in Lch Valley 0114 'A Bi'A
loin Mldvalo .. (Ill, nn nlli
12(1 .v Cons. 2S 24"; 2s
230 Penna II It ft3 iWli "''-I
loo Phlla Co.. :i3A 33 V4 33A
27.,Phlla I'.lec 30H 30 30 "A
3S7 tdo 20i)i SO1)- SOS fl
333 PUT tr Cfs 20Mj 2H 30
711 ltay Cons, son 3f' 3a,'r
000 Heading .. fll" 'Vi VI !
2.1 Ton Ilel .. 4r ri 4A
3 Union Trac I3'A t3'A 13'A 'A
as I L'n (1 Imp. 70V. 70 70 li
201 do war. SHU '-' '-" Vi
I02H3 V S Steel. 127 Vi J24i I271i Hi
3 Welshach
Co ... 12 13 43 A
70 W J & Sei 30V2 RO 014
3S West Coal. 7014 7(Ui 7014 14
211 Wm Cramp snti srtti sTi -t- 'A
Cash, tl'x dividend
Total fuiIm, IH.01O iire, fiimtmred with HI,-
UK slmre .tr-lenl in llni far this eek, .IK..
:ils hurrs ..line perloil l.il week, .i.s)i
hiires.
Net
Close, thge
mi
in(H,
10014
MOM)-
nuh u.
looo Con Trac
.V J 6s.. 101 101
12000 City 4s 1007
tp . . .10014 10014
IRO00 do '40 rcg. 1 00 14 Imili
loon Clec & Pco
Tr 4s... so so
2000 Lch Nav
COUS4ISS 00t OOTi
1000 Lehigh Val
gen 4s . si si
ootid do cons Gs
reg . . ,107'A l7ii
10000 Penna Co
temp ctfs
Has 0014 Dfili
1310(1 Phlla Clec
1st Cs. looti 100
OOli
'A
4 2"i
107 'A
nr.ii
moy, y,
Tntnl i.nle.. Mil, ion, (inniMre
,te,terthi,t ; tliun liir IhU ttcek,
prriiiil bit Vierk, M,'),PHI.
I ttllli
MII.ISMII
$3j,r,lM)
..line
Local Hid and Asked
in. 1
drill. J ! -'7
Hull & Slli"l t '
On pref . . . I'M
H.llilHItl . a.'1!
Kliitrle Htoraire (rfi'a
(Ji'iicrsl Asphalt
do pref JO
Ketstune '-htllltl ll,,
Like SuiH'rlnr Ctirp Soli
l.ihlKli N.tvlK.itlnn HI
LihUlt Valley . . k1Vi
l.rhluli Valley Tr 2'i.n
do pref . 43V
I'eiinKyltiinla o:.'i
I'hlhi r.lntrli . tiU'i
I'lillu I'nmp.iny . . ifcl'i
In r. i 1 nt prtf . M
On 11 tier lent rrif . 37
l'hlln Itup Trstisit t 1 2S"4
ItnnlltiK . . .Ill
TnniipMii llelmunt 4
Tonopiih Mlnlim .. 0
t'nlnn Trmtliin t.M8
rolled (Ian lintitt i
C H Sleel. . . .I'.'7'l
York ItHllttuy 14
do pref 3n'i
Wni I'riiinn I e .. S3
i:x. illtl'lend
,sk. lllil.
Yesli'lil ly
I. II
r.j
on
!!'.'
01
11 14
204
77-U
ill
21
Ji'
.tilt
III
:!."
:ts
wi
uiS
4i
13
7ll'i
1274
ll4
371
Ml
r.7
r.o
(ill'j
1,114
Ak
21)
1,0
r,2
do
iil'5
, r.o 111
11 11 j,
111', 201.
70 77
02 (13
22. 21
l.l'.j II1',
WW Wi,
:ti) :ni'i
Mi 3 l'n
32 or.
.Tl 30
2!) 20
SO'? h!l"4
I l'n
11 111.
121; 43
7!l'( 71'S
l'J 1S.i
II ll".
3H'4 7'.
SI Ml
Are You a Slacker?
If not, whnt nre you tlolnB to help
tho Government?
Spend Your Money
nut spend it in the riijht way ,nml
where it will tlo the most good.
BUY A BOND
steady undr
tstlons were.
lien Dsvls.
modersls off"'")"'
follows! Arplefi
M4. n.MwIn. N(
----. it.lM.aan
ouo-)bl,-r
TS
'" t.ul
"i "Vim
.- "V
PHILADELPHIA
MARKETS
market
No 2 white.
No 3 white.
GKAIN AM) FLOUIl
WHl'lAT llecelpts. I42.1S3 bus. Nomlnsl.
COIIN Ittrelpt". 13.301 bun. hert. was lit
tle trading ntul Hie market was uwhanijed.
guntatlotis Car lots for local trade, as to lo
latlori. western No. 3 yellow. t.6081.81l do,
No I jelliiw Jl 7H8f 70. do No ft yellow. Jt.70
il 77
HATS lteif lets. (11.403 bus. The
nae ouli t l.ut el. itdy (Juotutlons
h -1( fiii . staiiitaril wldte..7:iftsue.
7s7lli No 4 nlilto. 77WJSI
Fl.tlflt Unelms. lO.Vt bhl slid 1.220,402
lis In s.i(k Ihe market tins dull unit Ken
.rally taster yuutatlnlis. per IIM) lh. in Moil
lotton or Jiiie n.nk" about 2. lesn): vv inter
"tralKht, IIS .'-.Sda 7:., Kansas 1 lenr.ll.lw
l.l.-.o. 1I0. etralslt, lltl.TAn 14 2S. , . tiatent.
41 l.2.Vn 1 1 ;.-,, eprlnir. tiral dear. 112 7Sft 13 ..,
do. lain nt Jit . ".li in 2.i. do. favorlto brands
lh i . 'iti in '.'.1 ilty nitlls iholte und fancy put-
nt. Ill 7.'. li HI '.'.I ..... , . .
ItVi: H.i ii K Stemllly held but oulet. Vte
quote Ill's U Ml titr bbl . ns to ouallly.
IMtUVISlUNS
There wh n fair Jnliblrg Inquiry and the mar
ket nil. il tlrm Quotations, t'iiy or western
Ltif.lneels einuked a."n City lieef, Itnurklca and
tinders snink d and air dried. 8ilV.e. Western
beif knuikl'S and tinders smoked 30c. ..Heel
hams I30W32 I'ork fomlly 143 5OO40. llamt.
U. I. tured loose. rr.C2riSc do, sklnnea, loose.
1'. 27e do do, emoktd 27H 2SC. Other
l.sr.ie. smnlied. cltv (ured a to brand and aver,
aee. MtflWc. Ham-, smoked, wtstern cured.
.dVS'i'.c, do boiled, boneless 40c. Tlcnlo
shoulders H. I cured, looae, 21c, do. smoked.
B2e. H-'lif-. In ptcklc. nctirdlnc to nterase.
loose, L'6i Ilr.vkf.ist bacon, e. to bM.-.il and
averaRe rtl tured. 3lle llreakfaat bacon,
it-stem rurd. 33c Lard, wotern rellned.
ttercn. 23V4t. do, do. do. tuba. 23'. c. Lard,
pure iltt kettle r. mlered In tlenes 214c.
Lard pure ill), kittle n mWcd In tuba 241-c.
HEl'INEl) SUGARS
The nnrket was oulet but steadv 1'ranklln
qunteii 7 Mil Md'alnn Se nnd the Pennsylvania
Miirar (nlnp.iny S 50c.
DAIRY PRODUCTS
IH'TTIiri l'iniml was falrlx n.tlvi anl the
mnrkt rulMi ttrm unlir llsht orfprlnK. Quota
timm nt rn fri U, koIM parkfil creamery
fnnf, ii i al. r.'i , rxtrn, JU'dllc; extra
tlrBin 3'ii trn :ti . Kccoiiito, .'4'. nnrby
print fnnr. Cti , iieraK extra, 411 I.e. flrBtw,
3111 Jilt mtfiniN. 3hf .'l'ii; Hprtlal tirnnda of
prlnln JnM.InK at Hfiil'M.
i:il(lS Tin' mark ruled firm nt the lit Rd
tinf with ti nut rul iilitnrMnrr thi limited onr
triKS (Juntatlonn N arliy flrntM, $llMi5 nr tno,
ncarli iurrint rcilptu, $lu li.'i per cnie. ient-
rn i xtra lira In. $lo li.i pnr tane. lot HrHtK,
$111 l' pir ns-. f.mi'y wnlfctc! landleil isb"
vn loiililna at -fti t.lt .
( lli:i:si: -c,iT.rlnm or iVr,.Me PtoLrt wp'j
nnwl rate and miIu's vv r will in.itnttHnf i. with
lcmaiil fair (J'jotattmiP r an fnllnwn New
York full rputn fain. tiw -7'i 1C "ltr, upe-
PiIm htJ5t.fi , fid. tin fair to kou, new, -U4 -7t,
tlo part nk-ma. IKi-'lV
POULTRY
y
LOCAL MIN'INC STOCKS
TONdl'All STOCKS
MaeNnmara .
Midway
Mlzpnh Hxtenslon
Montana
Northern Star . . .
Hest ue lluU
Hid
.11
I I
.OS
.III
12
.23
Whiat
Open Utah
July.. 2 32 2 31
,-..pt 2 13 2 13
Corn (new delltery)
I.OW
I.
1 4t
ll'l'-a
6(1 V.
July
Hint
oaia
Ji.ly. .
Kept
l.ard
X'.J..
July.. 22 01
MPt . 2.' "II
lllbs
May.. . .
Jul).. 20.(17
trpt 20 j
l'ork
May
July. 3S .".(I
Hid. tAbki-d
;t.
lb4
OlP.
.".OS
1 fit
1.47Vi
fij't
tlllj
! ill
M r7
22 42
22 3.1
20 on
20 7.1
oh ah as u
Nominal
ClOSi'
12 32
"2 03
I .-.I'.',.
LIS'.
(HI
r3
22 a'J
122.07
I2U 32
20 117
t20 h3
:n.3o
3S.33
Yea.
elnse.
f.' 3 I
2 10
i r.i
1 I7.
(13S
J 22 4.".
-'2 .'.".
22 1.7
t;n r.o
20 H
20 77
13S 2.-I
OS 20
NEW YORK COFFKE .MAttKET
SKW YOHK. .May 22. Tbo market for
coffee futures opened stead, with sales on
the call totaling 1750 lues
Today's Today's Vestcnlaj's
Oliemns ( lone i loae
May S IHtiH.lll S nws is
Jun . .W4m.l7
Jul It luCS 2.1 H 2lJ'h 23 h :iiik .
August . h 'illji H 27
Seplemlier . H 32f(tl.37 H 3ltl8.33 t.:ll'ifK .1.'
October ... h.3il&H.:i;
Noteinuer ... h-iiditt u
llneinlitr .. . b475JS.40 N ISS8 47 ts.lHils IT
January . s.r.'JCH ."3
February . n .-.mi k r.ii
Maren u.i
April
llld.
May .
July
October ..
lleeember
January .
Marrh . .
tK)l . . . .
Yea ( limn Open
20 II I
20 b'.l
.20 41
2(1 .VI
.20 r:i
20.77
21 13
:o.'
20.7(1
20 4T,
ro.ilo
20 (11
20.73
lllnh
'.'O "."i
2(1 ON
20 71
L'n s 1
20 S.t
20 7.t
Low
20.70
20.40
2(1. IS
20 L'.-i
20 III
20 70
('loie
2(1 70
20 OS
L'O (IN
20 77
20 H.I
2d 70
21 3U
RAILROAD EARNINGS
Toi.nno. st. iil'is
Serond tteek May
I'rom July 1 . .
ANII WI
lull
1140 'J22
2,31." 'J0
STK11N
Inrrease
II0.2OI
271.112
litll.UI'lUU) STOCKS
lllil" Hull 01
llooth 07
combination I rnetlon ol
Iil.iinondlleld II II "3
Il.ilny "2
orn ... .. .... - "2
Sandstorm Wcndal 01
Silver I'ii'k Ill
Misci:i.i.ANi:ors
Arizona 1'nlted 33
Nevada Hill 22
Tecnpa MlnlnK 27
Aske.r
.12
III
'.'.!!
Ilii
.27
.ns
.nil
Liverpool Cotton
I.iVKi.I'001.. Mny 22 Thcro was a
good demand for rpot cotton today nnd
prices vvero 1 point lilRber on the baslt of
13 4Dd for American middling. Tbo sales
nBEreRnted 12.000 bales IncludltiR 10,000
bales American Imports vvero E000 bales,
nil American. The market closed Meady
and 1 to 7 points net blgber.
I.IVt: the market rub d sleady under mod
'rale olti rink and a fair ibmand. Ouotntlnns.
rnttts. ns to ouilltv 2.Ui2te. roosters. lOWKc
snrjnw fhlikens not Leuhnrni, plump, eiiow-
klniH'il ttillihlnc "jlll'i lbs lideie, ,T J f Site ,
tvh le Leatiurns tteUhlmr 1fl'i lbs apiece.
10V31i duika. I'thln. 2011211. 1I11. Indian Hun
ner 17$fli. plaions. old. per pair. 2."iH2Kc; do,
oune in r pair. l'll'i(22i
liltllSSDli 'Ihe market ruled steady under
llwht nrrerlnm and a fair denunil The iiuotn-
tlons were I'.tnis, .'.I in Imt ilr'pliked, fani
ee 1 lid. 2.V . do. ttelKhliirf 4,'a lbs and oter
apleei, M"n do, do, O'a lbs slpleee. L4e, do. do,
3 Ilia pl.i. 2.'1i 23i r.ntla In bbls , faint,
drt-pli lli-d. teli,ilnij I'a Iti and oter nplee.
ICe. etn.illiT slz.s. 2ll2ti. old roosters, ilrv
pit ked. liir. roastltu; ihlikins. western, dry
pliked, in Isixes, tt ( iitiliu: S?i'lU lbs per pair,
27t 2si do ttr.tern. In boxen. ttelKhlnr- 7 lbs.
per PHlr. 23l2lli. do. do, In bhls , weinhlni:
s Win 11 x it pair. 27li 2se, do. do. do. ttcleh
lint 7 lbs per pair. 23'(i2."e, liriilllnc chickens,
western. In boxi s ivi'lchlm; 0W4 lbs. per pair,
jmritJe. (hlikens. ttelRhlnu BWH lbs per pair.
23W2."e. 1I1. liiKed sUes, KllleL'e. broilers,
Jersey, fnm. l.ini.'iii, do, other nearby, ttelch
ItlK 1 ' ff .' Un. npliie, l.tifi (lie. fresh-killed
llirkrvs. p. r lb Wistern, be.t here, 2.IW2flc.
enminoti. 2(K'2.':e. Rill.ib4, per dozen White,
weighing Ufa 12 lbs per dozen, 14.2." W I H."i.
do. itelKhlnR lliil 10 lbs pr dozen. $3llOI3i4 III;
do, tteh-hlntf 11 lbs per dozen, affil 10; do.
vtelnlilne 7 lb. per dozen, $2.riO'H,2 7.1. do,
tttiKhlm; (Uir.i ibt tier dozen, 1 7.1 U 1 20,
dark. II Sim 2 20. small nnd No 2. !inoW125
FRESH FRUITS
Tipinfind warn fair and rnluen Kcnrrally ruld
...-.Ail -.n nennefril t r "rldR. Per eriiie. j a
3 r.0 plneapplr. rorio n'aJ!JJrth CMolIni,
2 73. atrayl-errles. Jr. 0?,u.en Shore. I21C13C.
5012c. NorfolU and I.astern snore.
VEGETABLES
TI..T ., , S ,
111' lll't " TV '
nin nr
i " 1,1.1 -t:n
Wrail." White PoUtoe,.Flor,d.brMr
pel
Mil -erale,
per bbl . Y-.V
lihl . 11.73(8".. on
and Sou tb car.;-
basket. I2WZZ- ."
linsKer. iiicti'ii "
. a a ur i r.i nn
mi.""l!ll5ill0. dt Norfolk, per
...no Hnlnseh. Norfolk,
2 r.o Kale Norfolk, per
induce North Carolina.
linn fanev. per .
i?.:. .''KLia. Xr" iVl-lneh erate. 1J2. lleans.
t'e.jMi. rrMiiKej-t.ree
i?3.. ki.iT.1 ' tSisnf,0. Kesnlant; Florida
""' t.':rl tini ih feooers. Tlorlda.
&3 fa.' Squash. Klorlda. per Ik...
V.r.K,", ..keV li'isaii: di do" per '.-bbl
la-'ket U .".03. Curumbers,
!'Sr.' ..7a-i 11. South
(Bra-i. c-'v." .,:;v n.1.1... Vnrtnilt. ref
'.n.
South
inn benches liwo. iiaoisoes,
i..,stei. -'.icr i ..1. ". i,c "'.
n.nlnes. Kli.rlda. per erate.
rooms, per 4-lb basket
its. 1 r.n. vv'ak
Carolina, itreen nnd
per boz,
Jll su.
and South Carolina, per
per
norlda
Carolina,
Norfolk.
11 ,',(i'(12
1232.23. Mmli-
1101 B0.
Financial Briefs
Tbo New York Subtreasury Rained 5.
058 000 from the banks yesterday, making
a ca3h net gain since Friday of J862.000
Net carnlnBS of tho Frank r. Miller rapcr
Company for April wcro $22,169. nn increase
of J 18,070 over the net for April of last
year.
On the New Tork Stock Hxchange today
$5000 Vnlted States Government rcBlstcred
3 per cent bonds sold at 09.
A rale of 3 per cent upon fifteen-day notes
Is In effect nt tho following Federal Re
serve Hanks: Minneapolis, effectlvo May
x 1017; Kanas City (secured by Govern
ment obligations), effective May 7, 1917;
Cleveland, effective May 10, 1917: Phlln
delphla. effective May 10, 1917; Chicago,
effective May 19. 1917.
Shipments of bituminous coal over the
Philadelphia nnd Reading Railway during
March totaled 1,790,199 tons, ns compared
with 1.327,151 In February. 1,684.202 In
January nnd 1,718,270 In March of last
j car.
At tho annual meeting of tho stockholders
of tho Commonwealth Tltlo Insurance nnd
Trti't Company five retiring directors were
re-elected for three years.
The Motor Service Company of Pennsyl
vania hns declared nn Initial quarterly divi
dend of 2 per cent on Its common stock, pay
nble .luno 1 to Block of record May 18; nlso
nn Initial dividend of 3'fe per cent on tho 7
per cent cumulative preferred stock, pay
able Mny 18 to stock of record May 18, the
Fnmo to cover preferred dividends due to
that date.
LIVE STOCK QUOTATIONS
CHICAGO, Mar 22. II DOS-Receipt. 14 00.
head. Market steady to strontr. Mlzea 'iiJl
butchers, I1B.78W10.43I (rood henvr. It 8.11 a
in.r.Oi rough heavy. IIR.10O10.10t light, isi
(Mil 33. nice. 112 "-.nt4 no. i,, ...."
10.43, " "a-0Q
CATTl.K "eeelpta 4000 head. Market atemt.
Jteeves. IOHT18 7(ii cows and heifers fivtj.
12; atockera and feeders IflOlo.lUi TeV..?
HI.73t?lSi calves. 112.75(114.75 "..
SIIKC1' Itecelpta 7000 bead. Market lAom.
rrb7. $l.,20.,,40."nd Mtm- -Ml?l.
No Safer Investment
than the
Liberty Loan of 1917
Subscribers to this loan will
have the satisfaction of
showing their patriotism in a
practical way and owning a
bond which is probably the
safest investment in the world.
The income is liberal consider
ing that it is tax exempt, with
the exception of the Inheritance
Tax.
William P. Bonbright & Co., Inc
iinnntn firtefin aTnntm '
iUUIIillkl IIIOIAIV OII.UUU,
Manaser
437 Chestnut Street, Philadelphia
New York Iloston Detroit
Iindnn Tarla
William P. llonbrliht t.Co. Donbrljht Co.
.a
The London
closed Monday,
Stock Exchange -will be
May 28.
Tho stockholders of tho Northwestern
Trust Company, nt their annual meeting,
re-elected five retiring members of tho
bonrd of directors.
Gross earnings of the Brooklyn Union
(Ins Company for the year ended December
31 were 111,353,594, nn Increase of JG33.
830 over tho previous year. Net was $1,
08T.34B. n decrease of $320,364.
Tho nnntial meeting of the stockholders
of tho Reading Company will be held on
Juno 0, at noon, Room 423, Reading Ter
minal
Sugar Futures Decline
N1.W YORK, May 22 The market for
sugar futures opened 2 to 6 points off on
sales duo to free offerings from Cuban In
terests In the August and September posi
tions. Tho bearish weekly Cuban figures
doubtless were an Infiuence against values.
Sales on the call nmounted to nbout 5000
tons At the decline Wall street Interests
were liberal buyers.
A Junior Copper
And its Possibilities
. With n market that Is ab
sorbing every pound of
copper that enn bo pro
duced. It is reasonable to
expect many of tho Junior
coppers to assume greater
Importance In the near
future.
Canada Copper
Is ono of the most prom
Incnt of tho Junior coppers
that Is bending every en
ergy to Increase Its pro
duction nnd tnke ndvan
tngo of existing condl
tlons Backed by strong
financial Interests, Canada
copper has 12.000.000 tons
of ore reserve:), with only
n part of its 2,000 ncres
ns yet developed. Write
for our (.pedal detailed re
port on tho possibilities of
Canada Copper.
Send for Report 148-T.U.
JONES & BAKER
STOCK nitOKRItS
Widencr Bldg., Philadelphia
Hell, Walnut 1080-1.
Keystone. Itace 2290.
Nevr Tork Iloston
Chicago ritttburib
Direct Private TTtro
JOSES & BAKER.
lndCHer ntdg., Philadelphia, Pa.
You mat' Hfnd me jour report on Canada
Copper 118-T.U.
.Yflmfl
Address
Cltv Statu
; ; j
l 3
s U3&8.03 m iil'u N.i,r.
b.;uo7ii
Scvtn Pmr Cent. Cumulative
Preferred Stock of
David Lupton's Sons Co.
Allecbenr Ave. and Tulip St., rhlla.
Dlrldtnd Paid Quarterly Jan., April, July
and Oct. 1
Free of I'mnirlranla State Tax
Surplus earnlnga auRlclent to pay preferred
dividend atx tlmea over, llualneaa conatantly
Preferred Stock entirety aafa-ruarded In tbe
intereat of the nv--tor.
offer the uneold portion of thin .lock
at far (flOO Per .hare) and accrued Ulil-
Circular with complete Information on
rtqunt
Morris Brothers Co.
Ctabll.hed 1S93
1421 Chestnut Street
FINANCIAL PRINTING
mffSsfiheion
hmhkp Beds
afrMIoMtcST
DIVIDENDS DECLARED
South Penn Oil Company, remilar quarterly
of l& a ahare. payable June 30 to aloctc uf
ircord Juno 14.
Ualena tllgnal Oil Company, resular quar
terly of 3 per cent on the cummon and 2 pnr
cent on the preferred nock, payable June 30
to elock of record May 31
Calumet and II -da Jllnlnv Company, usual
quarterly of 123 a ahare, payable Juno 21 lo
tock of record June 1.
Central Leather Compatv. r miliar quarterly
nt H per cent on preferrod stock, payable Jul
2 to holdera of record Junj 8.
Utah Consolidated Mining Company, 11 a
abate, payable Juno 23 tu etock of record
Jtno 0
Mackay Companies, regular quarterly of 1 per
rent on the preferred and l1. per rent on the
common stock. paablo July 2 to stock of record
June 0.
National Suaar JUflnlni: Company, regular
quarterly of IH per cent on the capital atoik.
payable July 2 to stock of record Juno 11.
NEW YORK BUTTER AND EGGS
NEW TOIIK. May 22 I1UTTI.K Ilecelots.
13.432 tubs Higher and firmer. Higher ci-or-
In.. 401A c tn 41c
The personnel of the management is largely
responsible for thi inceslor's confidence in a company.
The
CUMBERLAND
Producing and Refining Company
Owning under lease over 3317 acres with 19 Producing
Wells and having an earning capacity in excess of 1 Monthly
Is particularly fortunate in having officers
whose tast experience as expert oil operators
has gained them an enviable reputation
J.
E. BAIIANI
President
Mr. llniiun's reputation ns a practical oil man
is widely Known. During the entire time thnt
t lie ftimoiis Irvine Field litis been in operation
lie wits niHtiugcr of llic, Cumberland Pipe Line
(The Stiintliiril Oil Subsidiary). It vvus tlirotigli his personal intimacy
willi tlir volurs tif the properties iicquirrd by the Cumberland Produc
ing nnd Ilclinlng Company in thl? Field th.it he was induced to resign
his former connection of "importance to devote his entire attention to
the development of these properties.
4014 c
;, seconds,
40c: flmta.
Htnto dairy.
38 O
Iran.
37(SlUr.
4 Oo.
K003 Ilecelpls. 3S.42T cases Hleady. high
Srades hardened Kstras. astf384c: storage.
HV.I0371. c; storage, seconds MH B.HtHc.
regular seronds 3.'3(Hc. tthlte. 39U3UC
brown. 37H 038Hc. No other changes
Much Cottonseed Crushed
WASIIINOTON. Muy I! The census
report. Issued today for period from Au
gust 1 to April 30. shows 4,380,389 tons of
cottonseed, less rcshluments, received nt
mills and 4,164 801 crushed; also 229,817
held at mills April 30. production: Crude
oil, 1288,084,077 pounds; rellned, 1,080.636,
014 pounds; cake and meal. 2,038,432
tons; hulls, 907.978 tons; llnttrs, 1.210 876
bale's: hull fiber. 361.469 bales. Stocks
April 30; Crude oil, 106.159,892 pounds; re.
fined, 125,268,739 pounds.
I.EflAI, NOTICKH
r3y KHTATK OF rKTKR CIIRIHTIANrtKX,
f6 deee-vsed Letters testamentary on the
above estate navlng twen granted to TIIK
PllOVIUKNT LIKK ANJ) TRUST COMPANY
Or l'lIILADELl'IlIA. all Persona Indebted to
the said estate ara requested to make payment,
and those having claims to present the same,
without delay, at the offlc of said Company,
40V Chestnut St., Philadelphia. . "
rr- AA S. WlNd.
Presldtot.
D. II. FOSTER I
Wce-rVetio'erit
F. A. BARKER
Secy, and Treat.
Mr. Foster Is one of the pioneers In the Irrlne
Field nnd was President of the Foster Oil Com
puny, which was one of the first companies to
operate In this Field.
Mr. Barker was formerlv sales-manager of the
Willys-Ovcrlnnd Co., of Toledo, Ohio. He has
the distinction of having made the Initial finan
cial arrangements for that concern as well as
having procured the initial contracts. It Is appurcnt, therefore, that
he Is well versed In financial matters as they may pertain to any com
pany. He has also designed nnd arranged the pumping plants of The
Cumberland In such a wnv ns to procure 30 more efficiency than
others employed in the Irvine Field.
Finally, In speaking of the Olliccrs, It may he pointed out that
this Company Is unique in that they all arc uctlve In the field of
operations In directing their particular departments.
Wc recommend this stock to the most conservative
Investor as olferlnn splendid opportunities tor substantial
dividends at an early date.
At the untold balance of $250,000 common ttock it being
rapidly tubtcribed to, we now offer it at
A Week With the
U. S. Battle Fleet
Series of Important
Articles by
Raymond G. Carroll
90 cents per share (par $1)
tubject to withdrawal or advance in price.
Deicriptive booklet on request.
DANF6RTH & CO. WINSL0W TAYLOR & CO.
1 W.U SU New York Wldener Buildinr, Philadelphia
BERTRAM S. STROCKBINE SULLIVAN & REINECKE
30 Bioid St, New York 25 Bemr St, New York
WILLIAM H. T0TTEN
1025 Park DIJX.. Pitt.bur.h
VVORAM & CO. R:M. PALMER & CO.
tt BrotdwiT, N. Y. Red Eittte Truit Bldf., Philadelphia
THURSDAY'S
PUBLIC
Thursday's Public Ledger will
contain the first of six articles by
Raymond G. Carroll, special corre
spondent of the Public Ledger and its
newspaper syndicate, with the United
States battle fleet.
Mr. Carroll describes the life of a
sailor with the great gray fleet now in
full commission on active war service.
Through Mr. Carroll's articles,
everyone who, has given a son, a
brother, a sweetheart or a friend to
Uncle Sam's navy, can see the daily
life of the men behind the guns. It
is a thrilling and an inspiring story of
the fine human material of which the
. U. S. Navy is composed.
LEDGER
'&