M
S
i :. l .
v ,
Vi
-Wf-v
EVENING MDOER-PHILABELPHIA, MONDAY, MAY 28, 1917
J.. -.3
r
HIILLY, BROCK A CO.
ANKERS
. CITY
or
PHILADELPHIA
J AND 3y.s
191S.1S22.1931
306 CHESTNUT STREET
rim-VDrxriiiA
Z- Buy a
Liberty Loan Bond
" hail tht mcnrjr but nhal
tnnli I it with UmleJ Slain
Itttrty Loan II on J t 1 hail no
njt fhtt in uhiclt la kttf it."
This need not deter you
frrtm airline vnnr Pintfrni.
Ament and purchasing this
w- safe Investment.
Banks, Trust Companies
and Safe Deposit Com
panies have generally agreed
to hold Liberty Loan Bonds
in limited amounts free of
charge.
If you cannot secure such
accommodation our Cus
tomers' Securities Depart-
ment will hold your bonds
In amount not to exceed
$5,000 and will collect your
interest without charge.
The National City
Company
1421 Chestnut St., Philadelphia
New York CMciro Sin FrinclMo
Boitoa I'ltuburm
OonMnmtt
& CoMPAPJV
.AUTOMOBILE DANGERS
Offer special facilities for In
dividuals or automobile deal-
ers to nnanco the acquire
ment of pleasure cars, for
business houses to finance the
acquirement or. commercial
cars or trucks If you are
thinking of purchasing n car
of any Kind for nny purpose
the FINNEY SYSTUM will
REAL
make a. better business trans
action for you. .
ESTATE TRUST BUILDINQ
PHILADELPHIA
BUY SELL
INDEPENDENT LAMP & WIRE
COMPANY ,
THEODORE B. HELLER
316 Real Estate Trust BIdg.
Phone rilbert 4313
mVuVj"VWVVO
QANKER
and
3ROKER3
6th &. CHESTNUT 6TS., N. E. Cor.
Members or Phlla. Stock Exchange
Direct Wire to New York
yVsViWWiirValf'VviiW
HecKekCo. 2
U. G. I. Warrants
Bought and Sold
REED A. MORGAN & CO.
WEST KM) TIIUST UI !)().. 1'IIIL.V.
Member of the Phlla. Stock Kxrhnnce
4
Have You Ever
Visited a Mine?
Can you imagine yourself
going down into the shaft
of a mine and spending the
day m the levels where
gold, silver or copper ore is
dug out of the earth?
A pictorial diagram of a
cross-section of a typical
mine, outlining the various
levels, drifts and crosscuts,
and illustrating how the ore
vein is followed through the
earth is shown in an inter
esting booklet on
Mines in the Making
It describes how a mine Is made
and developed after tho discovery
ot the ore stain on the earth's
surface.
It also gives descriptions with
statistical facts and figures on
a number of the leading "mines
tn the making" In America today.
You should read It.
Bend for Uooklet SB6-T. TJ.
JONES & BAKER
STOCK IIBOREK8
Widener BlrJg., Philadelphia
Bell. Walnut 100O-1.
v Keystone, ttace 2280.
New York Boston
Chicago Pittsburgh
Direct Privet Vftrtt.
'J0XB8 A BAKBlt.
yvUmtr pida.. PMladtlphia. Pa.
You mar Mad me your booklet 858-T.U.
ramf fp.. .,,
HadTttt 4M. ,
Citu ............. Stall
FINANCIAL NEWS
LOSSES OP ONE TO FOUR POINTS TAKE
PLACE IN MANY ISSUESJN WALL STREET
No Special Reason Assigned for Reaction, Except That It
Had Become OverdueBrokers Endeavor
to Unsettle Prices
High Points in Today's Financial News
United States Steel common hit new high mark in Wall street, then
declined, the rest of the market following suit. Reactionary tendency on Curb.
Grain and cotton lower. Individual deposits showed big decreases ml'Mla
dclphla bank statement; loans and surplus tower also. Ruling rate for caii
money in Wall street 3 per cent. liar silver unchanged m Ncv i ork; holiday
in London.
NUW YORK, May 2S.
Aflcr the hull market had been maintained nil through tlio Inut week with
out anything In the way of substantial decline, tho unexpected happened in
today's trading, when many Issue yielded from 1 to 4 polntn wtlhout npfclnl
reason, except that a reaction had now become overdue, lleforc tho market
Melded under tlio Inlluenco of combined pressure- United Htntcs Steel common
sold nt tho new IHrIi record of 136. and mnny other stocks, Including Crucible
Steel, advanced to new high records for tho year
What Ib known In tho Street at the totton group, which hud fought the
ndvAnco In t'nlted Stnlo Steel common tip to 120, seemed to Iinvo njcnln
dctorinlned to carry through a better bear campaign
IroUera acting for this group sold 100.000 shares of Steel common In the
flrnt half of tho day, nnd nt the samo tlrrm used strenuous effort to nnsettlo
prices all through tho list There wore- sonic Mop onlern within about 2 points
of tho high range, and reaching of theso atop order wan reflected In moderate
speculative liquidation ns tho reaction was In progress.
Tor a time the railway Issues became prominent becauso prices of those
stock moved up shut ply while the Industrials were weak, and It was assumed
that accumulation was In progress In anticipation of advances In rates being
effectlvo within a .short time
Hstlmatcs of Juno earnings now coming from Pittsburgh nro that tho net
revenue of United Stntes Steel Corporation for that month will bo close to
$00 000,000 Tho copper metal situation Is in n strong position, with tho third
quarter production virtually sold out, with much copper placed nt 30'ir cents
foi August dellverj
Thero were some largo transaction in tlio bond market without change
In prices Lncknvvnnnn Steel (is were traded In large blocks Rubber &s wcro
traded In nt 87 V to 874
REACTIONARY TENDENCY DEVELOPS
IN TRADING ON BROAD STREET CURB
NBW YORK, May 28.
Tho reactionary tendency which was reflected In sharp declines In many
Issues on tho New York Stock Kxchango today was also In evidence on the
Uroad Street Curb Price movements tn that market were Irregular, with many
stocks selling nt moderate losses, but a number of Important Issues, at the same
time wero In good demand and recorded substantial gains
The munition stocks attracted attention, with Maxim Munition selling nt
"V, to 2', Air Reduction, after opening at S.rW. dropped to 834. Thero was
continued good Hading In Triangle Him, with Inside accumulation in connec
tion with the putting through of the program of cost reduction. It was
Insisted by thoso who are familiar with tho affairs of tho company that it
will soon bo placed on a dividend basis. It moved with the rest of tho list
today, reacting to 24.
Standard Oil stocks wero quiet, with Ohio Oil selling at 3S8. Independent
Oil stocks wero generally weak Merrltt Oil ranged from 284 to 264 and
Sinclair sold from 35 to 34U-
Mining stocks weie irregular, Magma falling from 484 to 4G Magnate con
tinued strong, with sales at 89 nnd 90 cents. Big Ledge was another strong
feature, selling nt 34 and 4 About 15.000 shares of Ohio Copper were traded
in at 'i to 4. United Motor dropped from 324 to 314.
RusBian 54s sold nt 78 to 704. and the C4s were traded In nt 85.
INDKPKMlB.VT Oil. HTOCKS Continued
New York Stock Sales
lllsh
Net
Axt. Clone. digs
Advance Itumely UVi 1H V' H
Ajnt Rubber . .. It It It 1
Alaska Old M . . V Bti W W
Alaska Juneau . At 44 44
Allls-Chalmers Co. Sli J4 314
do pr. .. Sfl nJ4 s4 4
Am Agr Chem . . 01 9 03M 4
Am lleet Sugar... 07 V 9 s
Am Can (IS B04 ' '
do prof lOsVi 10S,f. lOHVii Vfc
Am cr Ac lMry Co 114 73" "3I
Am r(ton Oil .. 414 414 414 W
Am Hide I,a.. 14t. H 144
do pref ... . SP4 mi ll 4
Am I.lnseed 25 4 It Ui
do pref .... (istf, A4 fls4 V.
Am locotnotlvn .. 744 13 784 4
Am Malt pref 7 .ia4 'Wl '4
Am Smelting pref I04 l4lfc 1044 tfc
Am Sum Ton Co so 3 so 4
Am Steel Kdry . 034 7 V4
Am Tel A Tel .
Am Tolmi co . .
Am Wool . S4Tfc
Am Writ Paper pf 4n(,
Am Zinc A leml if al',
H19(, Ui4 1234
IDJ4 101 14
Anaconda
Atchl'oti
do pref
Atl lllrm & Atl
At tlulf & YV 1
ll.'lld I .OKI Co ,.
do liruf . . .
Halt h Ohio . .
llatopllas Mining
Until Steel 11 ..
Ilrook I tap Tr .
Ililrns llros .
Ilutt & Sup Cop
'nl l'trnleuni
an Par
r nl Packing Co
i ent Leather
i crin do Pasco
Cli. duller Motors
Chcs & Ohio .
-li (it West pref 33'i
'hl SI & St P
do pref .
Cld Ac N'orthwest lis
Chill Copper . . .24
t'hlno Con Cup Kiev,
Col 1'uel & Iron HTMi
Col (las & Kite 42''.
Col & South . . 2S4
Consul flas . . 10s
Corn Products.. 3Sd
do pref . mi,
Crurlble Steel . 81
do pref . .110
Cuba Am Sugar Idli
culm Cane Sugar Id's,
Pel & Hudson
Denver & It U .. KVi
Rt
10 4
3 IS
SI'
in Ph
: ,
id
Bfl'Vi
103
07
1(1
tntHi in:
(IP, 03
100,
73
P.
137
(I!
OS
471,
m.
Kit
,
(CSS
37',
01
11',
1(101,
71
P6
13 P.
no
OOVl
tnig
li'i,
liu
3H4
OIK.
.17
'I PA
'l )i
701), 71
114 HI
any, p
44 14
3IS 4
84 4 2
KUOh 14
7 ... .
Id
1084 -t 4
3 S M
IIMI', -f ''H
72'!, I 'J,
Pf.
131 34
(IIS IS
08 'IS
404 S
'ilU s
1024 't
3S4
ins Hi
37 S
02 ", 1
(104 "V4
3JS S
0 24
111 V,
1124 IIP -I
214
3
7
S3
llli
2P4
108
314 3 1,
loss 1014
78, 704
111) 110
I HI 180
44 4BS
I Oil 4 100'i 1081
do pref 17
ll"i
17
20 4
.11)
.10
301,
3.1
1044 101
112 KID
.,11V
87
107":
30
41
IMHJhTUlAI.S
Air Reduction . .
Am Stores .
Aetna Kxpioslves
Am-Brltlsh Mfg
,m Marconi
mi
, 82
. 334
. 34
8
. 24
fiat close
Askul (Hale)
American Writing Paper 34
Canadian Car Co 2.1
Can Car & Fdy pref OS
Charconl Iron 8"
Chevrolet Motors 08
Cramp ?
Curtls Aeroplane 27
Carvv en Tool "
fnrtinn Steel t0
Kvcrett-Keaney '
Kniorson Phonograph ... 8
Federal Dyo 40
Haskell & Marker Car . 404
Hendeo 5Ifg 3"
Kuthodlon Ilronzo pref.. 1V4
I.aU Torpedo Hoat . ... 84
l.ehlgh Coal Sales 00
I.lma lyico 37
Maxim Munitions 2 4
Marlln Arms 38
Nat Conduit 3S
N Y Shlphullrtlng 44
N'or Amer Pap Pulp ... Vi
dtls Klevntor S8
peerless Motor 13
Toole Kng '
Tlerco Arrow 41
Itedden Truck 1
Santa Cecilia 30
Santa Cecilia pref 31
Scrlpps-Booth 20
8 S Kresge w I 10
Standard Motors 13
Steel Alloys 7 4
Submarine . 324
St Joseph Lead 184
Todd Shipbuilding 84
Triangle Film
United Profit Sharing... 4
V S Steamship 4 1
United Motors 314
United Sugar 34
World's Film
Wright-Martin Air US
Zinc Concent 24
81
30 4
3
12
2i
30
70
8 4
101
00
21)
134
101
32 4
84
41
32
2 4
0
08
S8
2H
02
80
40
02
1.1
85
42
1
2K
(12
40
11
134
74
324
10
80
2 4
4
314
4
i
3
834
30
3
31i
27 4
234
8
404
8?,
804
24
80
36
40
84
81
41
14
4
33
10
83
2 4
4
31
304
.1
S
Inter Petrol . .
Houston Oil ..
Merrltt oil ...
Midwest Uef . .
Met Petrol . . .
Ohio Fuel
Oklahoma Hef
Osage Hominy
nice
Sapulpa Hef . .
Seqtiojah
Sinclair
Victoria
West St Pet ..
ntd
. 13S
. 214
. 274
.138
. 24
. 104
. 104
. oy,
. f.
. os
is
. 34 4
. 04
.
Put. rlos
AsKrd (Hnle)
HTANDAKI) Oil. BTOCKh
Illinois 21S 220
Ohio 3S7 311
Pralrlo Pips 291 300
Stand Oil of California. .270 278
Stand Oil of New Jersey 27 613
Stand Oil of New York .207 300
IMIKIT.NUEST Oil, STOCKS
Barnett Oil & Gas 24 3
Cosden Oil 124 13
Cosden & Co 12; 13
Elk Basin 101, 11
Federal Oil 04 3
220
302
203
2S7
026
298
2S
12
124
10T
MIVIM1 STOCKS
Alsska Standard 3n
Atlanta 10
Big Isdge .IS
Hlsbee Cop (a prosp) ... 4
Butte Cop & Zinc 11
Butte New York 1
Calumet S. Jerome P',
Con Ariz 24
Kmma Consol 14
First National 24
Qoldfleld Merger 3
Ooldfleld Cons 40
Ooldfleld Florence 20
Ooldfleld Kevvanns 12
Green Monster 14
Hecla Mining S
Hpvto Sound (I
Independence Lead 12
Jerome Verde Hi
Jim Butler 80
Jumbo Kxtension 37
I.KOAt, ADVERTISEMENTS
tttr KSiAli, U T HUM AS 11. UUUKK. lr
-r craven icr
bov, tstata havlns" tn
PHIUVUkLpiHA TITLK
ttstftrnenlar:
Tamed to TiiB
fc TUUBT COMPANY
en (Tamed to TIIB WES
on tb
.
tnd UlANCLa M. UUltKK. all persons Indebter
to tbe said emate are requested to make
payment, and, those havlns claims to present
tbe same, without delay, at the office of said
Company, b. V. corner Lancaster ave. and
Fortieth st. . .
A. I WOOD.
President.
Magnate Cop 81)
MeKtnley-Darragh so
Magma Copper 4S
Mother Lode 32
Mines Co of America. . . 14
Nevada Hills 3.1
Nevada Wonder 14
Nlpisslng 7
Itay Hercules 3
San Toy 17
Stewart 0-32
Tonopah Kxtonslon 2
United Verde 304
West End Con 03
White Oaks 34
Whito Caps IS
Yerlngton 31
IIONDS
American Smelt ; 00
Atlanta Charlotte 5s.... 004
Bethlehem 6 08
Cosden OH 6s 102
Cosden & Co ss 07
Cudahy Es 98
Crlo os 074
Now Haven Cs S04
Russian Gov S4s 70
Russian Gov C4s 844
Southern Itvvy Bs 00
Todd Shipbuilding 6s lot
N Y State 4s 105
13
22
27 4
140
'2 4
204
104
D
4
0T
1ft
31
1
40
II
:i'i
S
12
IV,
1T
24
14
3
7
B2
28
1.1
IS
8i
04
14
Ml
0.1
30
01
S3
48
33
1'Si
30
I'll
7 4
4
20
V.
34
37
08
'l4
33
It
22
28S
130
3 ft
10'i
0
.
Ill
rV
34
0
I
40
104
4
s
12
IS
UI
'
If.
S4
B0
1A
8 ft
04
11
1
81
00
31
484
31
21 104
01S 02S
104 K
no r,
nt nt
30-", 20
8S4
414
Home Mines
Distillers' Sccurl
Krln
do 1st pr
do 2d pr..
KIk Horn Fuel
Gaston Williams
Gen Kiec Co
Goneral Motors
Goodrich V .
Oranby Mining
Great North pfd
Ot Nor Oro subs
Greene Can Cop
Gulf SUvte Steel
lIllnolH central .
Int Agrlcul
lnsplr.itinn Cop
Inter!) Cons Crp
do pfd
lnt ltarv of N J
Int Mer Mar
do pref .
Inttrul Paper .
do pref ct 004
Int Nickel 42?.,
Jewell Tea . . SO
Kansas City South 22y,
Kelly Springfield.. 80T
Kennccott Copper. So
Lack Steel 984
Lehigh Valley . .. 034
Leo Itubber & Tiro 18
I.oulsv & Nash . 120
Max Motor . . S3
do 1st pref . 08
do 2d pref . . 3
May Dept Stores. 87
Mex Petrol 90S
do pref 00
Miami Con Cop 41
Minn . St I. new 10
Mldvale Steel . 01
Mo Kan & Tex. 7 4
Mo Pae w I ... 284
do pref w 1 ... SO
Mont Power loo
Nat Knam & Stpd SI)
National Lead 37,
Nevada Con Cop 20
N Y Air Brake IS!
New York Central 01K
N Y N II & It . 3fli
N Y Ont & West 22
Norf & WeBt . 120",
North Pacific . 101
Nova Scotia Steel 9.1
8
1B4
HI,
inn
2.14
37S
29
33",
31
.11 I a;
44 14
314
OH 4
1S
4
4
4
1
1
2
4
84
17
US
I0S
204 14
S3
8.1
38 Vi
294
304
33
101
111
S3
81
,
1S
34
4
2S
14
1
S
Sales In Philadelphia
Itlth.
s. 3H
too Am Stores
t Am ltwys 10
J7S Klco Stor fl3'ii
220 Krle . 2A4
110 Int M & M 30
B Ins CoNA 204
1303 Lk S Corp 1
49 Leh Nav 77
93 Leh Valley 084
t Miami Cop 41
20 Mldvale .. "IS
280 Nev Cons 28
124 Pa Salt M 944
402 Penna It It BS4
10 l'hlla Co
pfd 6 p C 38
201 Phlla IC 30
1337 I' II I I 0 284
34 Phlla Trno 784
900 Heading . . 94
200 80 liny .. 284.
210 Ton Bel .. f
lis Ton Mln . 4
31 t'nlon Trao 42 4
1034 I'UI 70
10,11 do war . 28
7340 i; H Steel 1844 UtS
1 do pfd . 1194 1104
7 W J A 3 8 49S 484
200 Cramp KM 80
Ii.
to
024
254
29
4
It
784
lli
41
884
294
04
134
38
tos
284
784
984
284
44
4
42 4
70
27
Net
Clous. ehs
184 Vi
tO H
824 V.
204 '4
29 H
204
21 S
77
63 1
41 4
34
20
94
B24 4
88 ....
10 4
284
784 4
93 2
384 4
44 A
04
424 4
70
28 ...
1334 IS
1194 4
10 4
80 1
Tntnl !, 13,8)2 shsrra. romiiared with
10,418 shares lat Mondsr.
IIOMW Net
llllh. Low 1 lose, chse
81200 Am Gas &
Kleo Bs 02 92 02
1000 Phil k Krle
r.s 101 101 101
OSOO Pllll.i Klec
1st Bs ..100 100 100 4
1000 Ite.idlnggll
4s .... 014 914 0P4
1000 WelsbachO
Cs 08 08 08
Tulfll Mil",
ISNt Vlllfllllll.
313,700, compared uith 829,000,
Local Bid and Asked
American stores
llalflwln
linn j 1)
Dun! Si HUT t c .
do ir t ....
lllie Hti r.tse . .
Oi-nernl Atiplmlt . .
U 1 irof
Kenton,. Telephone
I,ak Sun Corp
lhlKh nv .. .
Vh Volley
Ceh Val Tr .. ..
do pref
IVntitvlvsnla .
l'hlla K.leo 80
1'lnla Co
do B per rnt pref
do 0 per crnt pref
Phlla It T t o
Mending .. ..
Ton Ilnlmont
Ton Mlnlntr . ...
Union Traction ....
UUI
1: H Htecl
York Hny
do nfef .
Wm Cramp t c
Today Haturdsy
Hid AKked Hid Asked
.inH . .m'i M'.'i
(II', 03H OT (U"
. '11 HO VI 2.1
? S7 li'l 07 ')
. mi r,j f.o .1.'
. iij iij", m (i.",
. HO L'J 'ii it
. mi iij Bo .
. II M II 11 4
, Wi ill ill', ilK
. 70 77 70', 77
. IUK t, 0J lM
. ii'i i 'i'i'i 2
. 13 4 43 44
no ri'i m't 'js
no .in', i.', -in
.ll4 .14 .in .11
, 3J .11 32 33
, 8m :i'i .111 3(1
, 2S'4 :' 2H4 HS'i
. US' ll lll HIS
,4 4' 4 4S
. II H'l II 0't
. 42'i 4.", 4JU i
. 1H, 71) 7h4 70
.i1i 111 114't 114
. 14 1,1-i 14 141.
37', 304 37',
till't 83 804
STOCK TRADING IS INACTIVE HERE; -MOVEMENTS
OF PRICESARE IRREGULAR
List Follows Trend Taken in Wall Street Moat Business
in United Stales Steel Common' List Additional
Securities
At no time during the whole day s trndlng
on the Philadelphia Stock Kxchango was
there nny great nmount of activity. Most
of the trading which did take place was In
tho morning session, and after midday only
a few Issues came out. The tone of the
market was pretty much the same as that
ruling In Wall street, there being a show or
strength In tho morning which was followed
by a reaction Jn the afternoon
Tho recession In prices, however, was by
no means general, many Issues maintain
ing ft small gain over the closing figures of
Saturday This mado tho list Irregular.
The widest gains wero in the arbitrage
group, and of these, Heading, although It la
listed on tho local exchange, but tho major
ity of the trading taking place In New York,
registered tho widest change, gaining 34
points at the high This high price was hot
held to the close
With tho large turnover In the stock In
Wall street again today It was natural to
expect thnt United States Steel common
Would be tlio most nemo here After regis
tering 11 gain In the morning, the stock
showed ft loss In tho afternoon nmountlng
to more than 14 points The stock moved
over the same coiirso In New York, and the
selling of It there was said to be by large
operators who were taking their profits In
oriler to accumulate some of the railroad
Miores
A little more nctlvlty was seen In Thllas
dclphla Itapld Transit trust certificates ; but
tho Increased business dono In this Issue
was nt the expense of tho price, which de.
cllncd ft fraction. The Street continues to
maintain the vratchful waiting attitude
with regard to Transit. Stock of the United
Gas Improvement Company wag unchanged
and tho company's warrants lost a little.
The following securities were admitted to
trading In tho unlisted department today:
Glrard Trust Company deposit recelm.
for 17300 additional Lehigh Valley Transit
preferred, making total listed 33,437 Jto
J289.000 additional Commercial Trust Com'
pany certificates of deposit for Phllsdei
phla Company consolidated mortgage and
collateral trust Bs 1961, making total Mum
lll.37C.000. $293,000 additional Provident
Llfo nnd Trust Company certificates of de
posit for Philadelphia Company first mort
gage nnd collateral trust En 1949, making
total listed 34,768,000. 14,092 additional
shares American Stores Company common
(no par value), making total 141,186 shares
listed
There was placed on tho regular list 2oo
additional American Telegraph and Tele
phono stock. There has been stricken off
the regular list $26,000 Pennsylvania Ilall.
rood consolidated mortgago 4 per cent bonds
1943, canceled In the sinking fund
30S
BH
07S 17S
314 3S
41 41
1314 1384 1284 4
102 102 1024 1
S
14
4
83 V,
30
1104
414
80
22S
S04
484
00 4
01 4
18
104
02
10
.-,8
HI
304 4
84 4
404 14
004 S
42 4 "4
60 14
23 4 4
304 1S
48
90 4
08 4 14
18 4
New York Bond Sales
Hlsh Low. rint(v
.10U 10" lun
. V1 118", ,!
Oil 1111, 111",
llH I'tV, '
wis hi;, v
1274 1284 1
SI
08
31
B7
074
01
404
19
flS
(i'
274
so
100
374
B7
35
1.13
01s
38
SIS
08
32 4
87
07
3
90
10 4
10
014
7 4
28
BO
100
37 4
01
08
08 Vi
104
100
100
07
07
78
80
07
102
100
7 4
18
ft
tft
OS
'ift
33
01
07
984
1014
07
78
344
Ohio Gas
Owens Hot
Pacific Mall . . .
Penna It It
Peo (Ian & C . .
Pero Marnuette. .
Phlla Co . . . .
Pitts & West...
do pref
Pitts Coal ctfs..
do pref ctfs. . .
Pitts Steel pref.
Pressed Steel Car.
OS
1424 138
14
874 4
234 S
1S3 . .
02 S
354 4
32 22
1234 1244 1
1034 103 V
04
2.1
82S
70
204
34
27
034
404
110 110 118
00 00 on
78 774 774
01
214
S3
714
20
31
20 4
P,
81
05 14
304 2
04 Vi
2B4
324
. 1111
PUS
1111.
VI)
81114
01
00
mi
tin
on
. 7
(INS
114
111!
084
hit'. Ml,
1U2 102
ioi nip.
07
f!S
111
lis".
Oil
II'.,
Ill)
711
874
4H4
II 4 'n
"4.
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8'
aw
01)
lis
7(1
ni
n't
'.v
1UD1! 10S'
07 117
. W, 7014
nott
III)
111
UHl,
Oil
III
111)
ill
8SS
4HV
4t
111
H.1'4
118'
811
08
1014 11114
V I I HI '
704
III)
8.'
II Ji
87t
71
20 4
84
284
84
50
2
S
S
1
Vi
Pullman Pal Car.. 148 145 lts 1
Quicksilver .... 2
Ity Steel Spring. . . 54 4 51
Itay Con Copper.. 311, 104
rtending 904 03
Rep Iron & Steel. . 03 804
lloal Dutch .... 054 63
St L S F . . IS 17
St L & Southwest 284 284
Sinclair Oil .. .. B04 S!4
Seaboard Air Line 134 12 4
274
LOCAL MINING STOCKS
TONOPAH STOCKS
Hid. .
MacNamara 18
IfMWMV ............. .14
Mlipah Ext t 10
Montana ;0
Nor Star 10
wor mar , . . .
llescua Kula .
Ask
.17
.10
11
.23
.12
.24
do nref
Sears Roebuck
Shattuck Ariz
Sloss-Sheff S &
So Pacific . .
Southern P. It.
do pref . .
Superior Steel
Studebaker . .
Tenn Cop & Chem 104
Texas Co
Third Ave Itlt
28
170 171
28 Vi
04
OSS
28
B7 4
41
804
84
01
944
274
80 4
43
81
104
.224 2214 222 Vi 1
194 14 184 14
3S
Bl 1
304 1
3S 2
00 24
03 14
17 4
284
554 H
134
284
17.1 14
28 Vi
01 Vi 1
OS4 14
2 4
B84 4
43 2
804 4
10 4
1000 Am Agr 69
li'BSOO Anslo-Krendi Bs . ,
-'Mm Am Kor bee 6 . . .
SDVOil Am Tel r,
3imn Aromur L'u 44 s
MlOll AtrhlKon Ken 4s . .
3111111) ilii cv 4a ...
111(10 ilo cv 4 1UIIU . .
-..'.nil Halt li Ohio Cs
1)01)') ilo cv 44 s
I nun llmok Hap IrCi . .
"Ollll do Bs 1018
'nun Cnn Uovt .' 1026 .
Bimil do Ss 1011
IIKM) Canada Mouth Bs
llllli) Clies A Ohio cv 44s
4D00U do conv 0s
3UUII Chi t Alton 34a
loon Chi Union Hta 44s
Kino Chi Ilwrs rm
54000 Chi 11 & Q re 4s
Hull) Chi ( A l.'nko r,
3J00U ( M a Ht P rfd 44s n 8114
iiMM, ,i( tuny t9 .
loon do ip Bs
llOon do iv 44s
2100(1 Chi It I ft V rfd 4i .
lljniiiido one ata Bs...
.mill) do 4a . . . .
Bonn Col .Midland ct 4i
loon Col ft Noutn 1st 4e
lli-iiin city of 1'arli 0a
4 UOO Con (las rv (la . .
limn llel L Hud rv Bs
2000 Den ft nio Or 4s
noun do rfd B
(100(1 Ills Secur Corp Bs .
moo Krle cv 4i Her I)
100(1 do 4s
Aliiliu French Ilepu 34 s
loon len Klec r.s .
3nn dranby Con M fla
1IIWI III .Steel deb 44 s
linmi) Inlerh Met 44 s
7U0O Inter Mer Mar 0s
70(10 Inter Agr Ba
.liinn Jap new k n 44s
8Siniio I.arka Hteel B lU.'.O
I linn l.lit ft M T Bs
L'IKl'l l.ex ft i: Bs . ,
i'OIHI Mo Kan ft T ll 4s
401111 Mldtalo Steel Ba
137iwi Mo 1'ne w I 4s
llll'il Montana Power Bs
1(1(1(1 Nit Tube 5
I -mm N V C ft II fll
2000 do 4s
r,. 101111 N V Illy 4ViS 18115
llllin di 44 May 1B17
1 UOO do 44a Nov 1057
7fino N V (laa II ft V Ss
2(inn N Y Itwy 4a .
10011 do Ss.
,-liuu Nor Pad 4a
.linn do 3a
11)000 Ore Short I. 4s
41100 O ft W It N 4s
noun renna 4s 1U48 .
OUOOll do gen ct 44 s
BOflu do tn 44 s
JOO11 Public Serv N J Bs
1(11)11 lere Marnuette Rm
BOuu Heading sen 4s 01S
100(1 Headlng-Jer Cent 4s 01
U000 Krpuli Cuba Ss 1004 084
iioiiii jiep 1 a r os.
1001) Ity Stl Upga Ss 1021
1 111)0(1 Ht 1, A A 1' In Cs .
lBOnn do Ser A 4s
IKJiio Han A ft A 1 1st 4s
10UII South Hell Es
8000 Houth Tae 4s
3MIIHI do cv 4s
3IIDI) do rfd 4s
4111(H) do cv Bs ....
noon South Hwy 4s.. ..
1111)11 do Ba
4000 Tenn Copper s.
lnoon Texas Co cv 0s.
nod Third Ave 4a
5000 V H Smelt ft Hef Bs 11114 1044 1044
2000 Utah l'ow ft- J.t Bs Pi) 894 00
union it oovt reg it 1111, D(l,
o.imiu u n jiuuuer l na ni -, nn
lOODii 11 s Hteal a r os
700(1 U K of O Tl ft I Ba
82000 do 54s 1018
K'UOOo do BVis 1010 new
37000 do B4a 1010
anion do BVis lO.'l .
3000 Vn Rwys Ba .
1000 Wilson Co 1st 0s
8000 West l'c 1st Oa
SMI
on
82
114
87',
M
1084
07
704
"IK
IIH4
80
1104
111."
102
80
044
112
7(1
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11144
100
u4
1)74
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VMS on aK
1004 100,4 1004
1)4 10(14 Kio'J
NT m
llll'i los'i
lOl'i KH'J
105 105
MS, 08,
B74 B74
20 26
2ii fli'I
874 8JJ4
824 824
05 05
084 oSU
1024 1024
'i? fill?
MS 1BH
01 01
UU f)8U
100 100 100
1004 10i)4 1004
W
1'
(184
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811
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70.
8(l,
1044
UK)
99'i
074
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(IU
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8UH
11144
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(174
92 S
(104
87
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105
85J.
01
vev;
10JV.
VA
LITTLE OF INTEREST
IN WHEAT TRADING
Sentiment Is Bearish Because of
Warmer Weather and Better
Crop Advices
(IIIAIN WXT WBATHKK 1'Oltr.CAST
I IIICAdl), SlBr 28. The vresllier forecast
for (lilrtr-nlx liours follow si ,..i
lllnols, Iowa.. MI,soiirl nnd Wl"",1n.,nr;
llilr tonlslit mid sllslitlr wnrmen fair ana
"'nnJtrrtl. nn.l Rou.l.ll.Uota Kan
na nnd .Nfiirauku I'alr tonight nnd tomor
row ..
CHICAGO. May 28.
Developments In tho wheat pit today wero
uninteresting, operators contlnulnc to act
under tho war regulations that haTO been
Imposed nnd cvenlnK up In trades.
Prices rallied on demand from shorts. In
duced by liberal clearances and decreasing
stocks, nfter having been heavy.
On the whole, however, sentiment was
hcartsh because of prospects for warmer
weather nnd reassuring crop advices. Some
private suggestion ran as high as 400,000,
000 bushels for winter wheat nnd 350,000,
000 bushel for spring wheat
The markets at Liverpool, London and
Paris wero closed In observance of Whit
.Sunday
Tho vlslblo supply In tho tho United
States showed a falling off of 3,805,000
bushels for the week nnd Is now 26,178,000
bushels.
Cables said that thero was less apprehen
sion with regard to supplies In Great
Britain, nnd world's shipments for tho week
were larger than had been expected the
United States shipping freely nnd India
nnd Austrnlla offering moro liberally
Tho high on July was 32 10, tlio low
$2.01, and the closo $2 05 bid, against
12 11 nt tho end, Saturday The best on
September was $1 SO, the bottom $1 80 and
tho final $1 R3, compared with $1.84 nl the
close Snturday.
Prospects In Argentina for the crop were
declared to bo excellent, with moisture n tri
ple Shipments from North America wero
6,432,000 bushels; tho United Kingdom get-,
ting 2 4uo,oou Misneis ana frnnce i.soz.uuu
bushels
Prices for spring wheat brands of flour
have been marked down to $14 60 a barrel
Corn broke badly, many stop-loss orders
being reached as prices declined There
was a great de.fl of short selling because
of fine crop prospects Tho drop discouraged
selling Final prices were above the bottom
on some covering by shorts
Tho visible supply In the United States
decreased 1,107,000 bushels for the week
to 2 765 000 bushels Ilecelpts continued
light Shipments from North America for
the week were 1.140,000 bushels
Oats failed to break as much ns corn
nnd rallied well whenever there were at
tempts at noteworthy buying Final prices
were firmer on a bullish visible supply
stntement which showed a loss of 3,160,000
bushels In tho United States for tho ;eek
to 19.732,000 bushels
Exports from North, America for the
week were 3,784,000 bushels
COTTON PRICES DROP
FOLLOWING ADVANCE
Drop Comes When Realizing Pol
lows Rise and Demand
Falls Off
COTTON Iir.I.T MIlVniKK CONDITIONS
NKW OIlK, Mar 28. The following tem.
pernttires were recorded In Hi,, cotton belt IhlV
morning! (Ik uliomu. 82 Abilene. 80 1 Port
hmlth. SRi i.lttle Itock nnd Nnshvlll,. no,
v! . B. 'ni' 1 . B. L V'.nKimoora. nil
l)el lllo, nirminglmm, Anhevllle nnd Atlanta.
(Ill Knn Antonio. I'rnsarnln and Meridian. (HI I
Klarnn. llnntrnmeev nn.l K I .u."Vl
.-" .!""-. ' ......, 1. if. ,,n, ,, u.
fff
veflon, 70i Mobile nnd llnleigh, 7o, fie
lite, lliiirlenlon anil Jnckoom lie. 70. ami
9ml Corpus 1 hrl,tl. 78.
leading futures ranged as follows.
VV heat
Open High T,ow Close
July . 2 09 2 lrt 2 01, 2 05
fe'ept 1 88U 1 80 1 80 tl 83
Corn tneir delivery)
July 1 404 1 47 1 80 1 41,
05 UI 03
DE-
e-Si ESTATE OF GOTTL11U1 BTA1T,
ceaseu toners testamentary on tna
Sboyaestat having bean crantad to THE WEBf
HltADELPHlA TITUS TllUBT COMPANY
all persona Indebted to the satd estate ara re
atieated to make payment, and thoas having
claims to present the same, without delay, at
the oBlca of said Company, 8, W. corner Lan
caster ave. and Fortieth st . .
A, I. 'WOOp,
President.
a-y B8TATE OF ELIXN J. HESTON. DE
VSf reawd letters testamentary on the
bov estate having Iyer, granted 1 to TJIB WEST
PHIUAOKLPHIA TITLE) TKUBT COMPANT.
all peroons Indebted to the said estate are ra
euested to make payment, and those, baring
clslma to present tha same, without delay, at
the ofllce ot eald Company. 8. W, corner Lan
caster ays. and Fortieth at.
A. I WOOD,
President
BAR SILVER
Last
1
. fT
Sat, JJon High Low
vis? ESTATE OF FANNY DABRACII. DE.
iSJ ceased Letters testamentary on tha
tate having oeen granted to Tl B
iN7-hlK8i ANf? TRUST .COMPANY
ADELl'lllA. all persons Indebted to
tea to make par
ins to Present thi
otnea of said Com'
OOLDFIELD STOCKS
MISCELLANEOUS
Did. Ask.
.01 .02
07 .00
.04 .00
.03 .04
02 .04
,01 .03
.01 .04
.10 .11
.33 ,88
.24 .20
.80 .32
PROVIDENT
nw PfllLAD
the said estate
are requeated to
having claims to
lav. thA nfflu a
canr. 400 Chestnut st. Philadelphia,
.nan,, anrt ttlOet
same, without delay,
ring claims to present the
" JP
ASs. a WINO.
President
DIVIDENDS
TUB AMEBICAN OAS COMTANY
iva siaraei Dtrae,
, May 15. 1B1T.
A, ootrterly dividend of 8 per (ot, or $J.(
("amden, N )..
has been declare'
Mt sbsrs. nss oeen aeeiarro on ins uapuai
BlecX of this Company, payable Jane 1st. Is 17.
a to Btornnoioa o, rrcvru m m u ik, p. la.
'XaTSrftglJtt
Illus Bull . '
Booth . ...
'omh Frao .
Dlamf B U
Daisy
Oro .
Hand Ken
Silver rick .
Arls United .
Nov Hill .
Tecopa Mln
NEW, YORK COFFEE MARKET
NEW YORK, May 28 The market for
coffes futures opened at a decline of 4 to (
points today. Tradlnir on the call vvas quiet
and transactions were confined to the Sep
tember and December positions, with sales
amounting; to 4S00 bags.
Today's Today's Saturday's
opening
Tob Products ... SOvi 85 55H
Tol St li W ctfs. .' 0V4 4 0V, iy,
do nref 144 14V, UV.
Trans & Williams 48 40 40 V4
Union I'nclflo . 130 138 138 1
United Alloy Steel 47 40 40i 4
Un Cigar Stores. 100 09 100 Vt
United Fruit . ..130 138 139
U S C I V & F. . 23 31i 22
U S lnd Alcohol 1S84 ISSVi 137
U S Smelt & Ret 03 .01 01 2
U S Steel 135 132 1328, 1
do iiref 110 wy, " Yt
48
031
. B1
. 08
. 81
8J'A
80S
. 00
tlS'4
. SIT!
01 '4
un
(in
!!;
KI4'i
07'J
. I'tlS
nnvl
nos
Ml?
111 'J
.nil!
. 83'i
48
01H
01
08
81
SHi,
fa
108
(III
OilV,
87 a
104 , 1II4U
07'1 07W
ess no s
viK wii',
oaw oaii
I13H oi?
04ti l)t'
101 , Ki S
S3'i
Sent 1 32
Deo IIIs.
Oats ....
July 8SH
Sept BJS
Dec B4'
Lard
May . . .
July . 21 87
Bept . 21 80
Illbs
May .
July.. 20 20
Sept 20 40
Pork
Mny . 87 10
Julv 37 10
Did. tAiked
as vi
54,
57 N
51 S
S3
!17
;i 80
!0 20
JO 40
21 12
2127
10 81
20 02
37 IB 38 40
(Nominal
50
B2H
B4
121.07
n no
t2l 40
110 05
20 10
20 30
137 00
37 00
Sat
close
2 11
1 84
1 4ft,
1 32
01?,
nss
B2H
104
21 50
21 07
21 82
120 00
20 in
20 35
137 25
137 25
There as .02 Injh of precipitation et
Msconi .01 Inch nt VVIImln.oni 00 Inch at
Knoirllle. I'rnsnrola mid V If k.iinriri .08 lnth
... f.nii.Hiin ..n .mil H, 1,11111. HOCK BPrf
hnllanoMtii .28 Incli nt New Orleanai .44
!"icl1 "' .MO"" I"? Montgoinerj-l 58 Inch nt
lllrmlnslismi .02 Tnch nt .Mrrlillnn. and .84
Inch nt Nashville.
NEW YORK. May 28 !
A low condition reported by tho Corn
merclal Appeal resulted In a wave of buy.
Inft at tho cotton opening today on which
prices wero carried up 4 to 19 points The
tono was firm
After the early demand had been satis
fied tho market eased oft rather rapidly It
appeared that the high levclH established
brought In realizing nnd an additional sup
ply from commission houses, whereas the
buying fell oft nnd as a result prices at
the ond of tho first ten minutes of busl
ness had dropped G to IB points under th
opening
Tho early advanco carried tho market
about 12 to 21 points net higher July
was relatively firm, making a new high
record for the Reason when It sold at 21 77,
but later deliveries did not quite recover to
tho high point of Saturday morning Tht
advance, however, vvau (sufficient to bring
out a good volume of realizing and stop
orders wcro uncovered on a scnlo down to
21 40 for July and 21 03 for October with
tho general list quoting about 16 to 22
polntn net lower during tho mlddlo of the
morning
Another private crop report was Issued
pointing to a reduction of 5 per cent In
acreage and making tho average condition
only 71 1.
In the afternoon prices showed a recovery
of 2 or more points on covering and rcbuy
Ing by operators who had sold out pre
viously. Sentiment continued mildly reac
tlonan, clfiefly on account of a supposedly
weak technical position from some sections
of the belt Crop accounts showed Im
provement Demand from spot firms caused
Julj contracts to rulo relatively firm
The close was from 25 to 40 points net
lower
There were no exports reported today
Mny
July
October . .
Dtcember
January .
MHrth
Spot
Saturday's
cio-io
'".'.'. Jl 3rt
21 24
21 .12
21 V,
Jl 711
22 00
I
Open High. Low Close,1 i
21 mi 21 77
21 30 21.30
21 411 Jl 4J
21 41 21 III
21 35 21 CO
Ml 'H
20 80
-it ii i
.11 IIS
Jl 29
I H
20 31
jl uu
21 1)5
21 30
2173
BIG DROP IN DEPOSITS
Total sales, 32,278,000, compared with 83,.
061,000, last Mondnr.
Financial Briefs
May ..;
Juno
July
August
September ....
October ...44.
November . , ,
Iecember ..-
January
February
March
April
8 10
8.2508.27 8 23
... 8 2U
8 as
8 3388.40 8 88
'.;. 8.80
8 5008.00 8 so
.... 8.02
I 12 8 14t
glOffS 12 8 14(
15Q8.il) 8.204
8 20 Q 8 21 8 24
Utah Copper ... 118
Utah Sec Corp . . . 101.
Va Car Chem . .45
Va IronC at C 70
Wabash 13V4
do pr A 48T
do pr B 25
Wells Fargo Ex. 08
West Maryland . 20
West Union Tel., 08
Westlnghouse Mfg SS
Worthlngton P&M. 30
do pref U.
Wheel & Ij.E
do pref
White Motors) ...
Willy Overland .
do pref ....
Wilson Co
B5
14
347
47
30
OS
76
111 1141). 2
10 10
44
oo y,
12
48
23
08
107'.
S
84 1
20 1
BS 1
14
34
47 1
30 -
SS 2
744
44
OO'li
12
48
23
08
10
03
54
$0
53
137.
34
46
30
04
72
Kresge Co. Pays More on Common
NEW YORK. May 28 The S. S Kresge
Company has declared the regular quarterly
dividend of l per cent on the preferred
stock and a semiannual dividend of 2 per
cent on the common stock, both pa able
July 2 to stock of record June 18 Previous
dividend, on the common stock vvas 114
per cent, declared December 14, 1316
18 20
H 80 8 321
34 8 Sdl
SO 8.4K
8.45 8.47'
8 01 B 031
I 07 SOU1
1,63 $.631
BIb Chemical Company Chartered
ALBANY. May 23. The National Aniline
ond Chemical Company. Inc. of West
Nvaclc. ha been Incorporated Wita 17.-
' 311,069 capital stoolc
Ex dividend Delaware and Hudson lUllroad,
2.
Total sales. 1.800,300 hares, compared with
010.300 share. Iat Monday.
Sugar Prices Unchanged
NEW YORK, May 28. Fine granulated
unchanged, with American Sugar Refining
Company quoting 7.50c, B. II. Howell,
Son & Co, and Arbuckle Brother! continue
to quote 8c, The Federal and Warner Com.
panies continue out of the market The
IsJt sUe In spot Cuban raws, B.9o.
The Westlnghouse- Ulectrlo nnd Manufac
turing Company for the fiscal year ended
March 31 reports gross earnings of 1 89,
B39.442, as against 330,269,240 tho previous
j ear. The company's net profit Increased
from 39,429.896 to J17.461.600.
Tho Logan Trust Company has Issued to
customers and friends Invitations to Inspect
Its new banking building at 1431-1433
Chestnut street Juno 1.
I
The New York Subtreasury gained $778,
000 from the banks on Saturday, making a
cash net gatn since Friday ot 33,079,000.
The Liverpool Cotton and Grain Ex
changes were closed today, Whltmonday.
There was no session of the London Stock
Exchange today, Whltmonday.
The New York Stock Exchange has ad
mitted to the list new United Paper Board
Company, Inc., permanent Interchangeable
certificates for Jl, 218, 300 common stock.
On the New York Stbck Exchange today
United States Government registered 2 per
cent bonds aold 310,000 at 96.
Owing to the fact that Wednesday will
bo a holiday, the weekly auction sale of
securities by Barnes & Lofland will be held
tomorrow.
There was a substantial Increase In the
shipment! of fuel over tha Pennsylvania
Railroad line! east of Pittsburgh and Kris
for the month of April aa compared with
April of last year. The total shipments
for the month were 6,121,086 tons, a gatn of
4irf.84 This total was made up of 712.-
163 tons of anthracite, an Increase of 19,6.4
tons; 4.4i,JV ions or Bituminous, a gain
of 681.760 tons, ana i.oi7,. ion of coke,
a
Sugar Futures Steady
NEW YORK, My 28 The market for
sugar futures opened steady. 1 to 2 points
hldher on sales amounting to 2100 tons.
There was no special feature In the way
of fresh news In the spots situation, but
It was expected now that refiners were rap.
Idly catching up on old orders that they
would soon enter the market for raw sup
piles, which would have a tendency to steady
the situation there.
Funds of Individuals Decline $6,111,009
iniWeek Loans Lower
Tho outstanding feature of the Phlladel
phl bank statement this week was a de
cline of 66,111,000 In Individual deposits.
This can be accounted for largely by the
fact that funds have been withdrawn from
banks to tako up Liberty Loan bonds. At
the same time the loans fell $3,670,000 and
tho surplus fell off $1,034,000
Details follow:
May 28, Dlf prev vk May 29,
1017 Decrease 1016
Loans 1555,410,000 ld.070 (100 I'.OO 041 000
inns (ina ) 47(1 mi, uuii u.in.uuii in
circulation 8,221,000
Due fr. bks. 87,621,000
Deli of bki IHD.lUll.DOil
Cl Clr It . 21,214 000
Ilesv held mi 188,000
neev, reqd. 80 591.000
Surplus 18.S03.00O
Increase
Rurplua May 31, 1015,
1014 414 (lOb 00(1 May
May 27 1012. SO 031 000.
I), 111. Odd
14 mm
2,602,000
1. 5211,11! HI
1U1 000
1.702 000
7 J8.000
1 034.000
4K2 000
D 411 (10(1
73 649 000
1 IIJV IKI0
18 510 000
109 60 000
70 099 000
32.587,000
432 139,000 June 1.
!0, 1013, tB.320.000l
LIVE STOCK QUOTATIONS
CHICAGO. May 28 HOGS necelrti S8.000
h"d ,K,S,rt.,ow' Bo lower Mixed and butch.
era 315 30W1B. good heav). 115 20018(11
roush hen i 115 20SM6 85. Ilglit, Jl4 boOib 80'
p,??.4J?S"WW 60.' bUl-31S 4(lfJlB 05 B 80
CATTLB Hecelpts. 20 000 betta MarW.i
steady to 10c lower. Jleevea. It) 4061s So
cows and helfure. Ill B0 1131: m'otktTm mU
. SEEP necelpts, 18 000 head Starket steady
DIVIDENDS DECLARED
Illinois Central lUllroad leased lines, rexular
semiannual of 2 per cent, payable July 1
Uooks cloas Juno 11 and reopen July 5
Mexican Petroleum Company, Ltd . rerular
Quarterly of 2 per cent on the preferred stock
payable July 1 to stock of record June is
6reat Atlantic andacl(te Tea Company rer.
ular quarterly of 1 ft per cent on the p??ferr
SSStdatJ. Juno l t0 tock 0t "'".
Goodyear Tiro and Itubber Company, remler
quarterly ot 8 per cent on the common eRc!
payable Juno 1. Uooks close May 10 and reopen'
per cent, payable' jyu,V
. decrease of 17,vl9 ton
oiKTi,sa
Mnrrla and Eleex llellrnait P.m..
CllllMltliu. v, wn inr
liooks close May 29 and
West Penn. Traction si
ular quarterly of H pel
atock. payable June IB.
Kennecott Copper, quarterly of 11.80 a ahar.
This Is samo aa three months sso. nr.
Pennsylvania, Uihtlns Company, resular aeml.
annual of li.,per ceril on tha cflmraon, lock
payable May 81 to stock of record May 28
firooklyn napld Trshelt resular quarterlr of
KiultabU lllumlntt'ni Oa. Uiht Tomnanv
usurt semlrnnual a .f,r c nt on the p?fer?id
MONEY-LENDING HATES
NI'.W lOHK Money on call opened 2 per
cent; high, 3; low, 2U ! last, 2. i closed,
2(t3; ruling rate, 3 per cent
Time money on gocd, mixed Stock Ex
change collateral vvas quoted today at 4 0
4tt ner cent for sixtv days and 4 U 0414
per cent for ninety days. The trading rate a
ior lour montns is vi per cent rur
and six months 4H4S per cent Is asked. J
industrial loans are quoted ',4 to n fcr
rent higher T3rlmA hftntp nnonntanCCS flrO
quoted at 4H4ii for Ineligible! and J
a T-iooja i-i6 for eligible!.
rillLADELrill.V Call, 4 per cent.
Time, 45 per cont. Commercial paperj
three to six months, 4H4 per cent
BANK CLEARINGS
Hank clearing! today compared with eorr" i
anH4l ku I.... ... u.abb. S
1917 ioie
Iloaton , I2T.810.828 121.477,050
Philadelphia 51.220,156 64,278 212
New York... 180 824,235 303,867.255
Chicago .... 77,352,505 60,724,850
Bt. Ixiuls.. 24 820 521 18 048 068
Baltlraora ... 6.009.663 0,756,013
1616.
Holiday
Holiday
Holiday
Holiday
Holiday
FOREIGN EXCHANGE
NEW YOHK. Hay 28. The foreign ex
change market was steady today nd
featureless. Ituble's were somewhat up over
Saturday's closing.
Quotations follow: ,
Demand sterling 4.75 9-16, checW
4.76 5-16.
Frano checks 6.714, cables E.70U
Lire checks 7 02 U, cables 7.01U
Guilder checks,'41U, cables 41 6-16.
Swiss checks 5.08, cables 5.07.
nuble checks 27.15, cables 27 25.
Peseta checks 22.13. cables 22.35.
Stockholm checks 30, cables 30.20.
Christiana checks 29.20, cables 29.45
Copenhagen checks 28.60, cables 28.79
Sixty-day bills were nominally quoted
at 4,72 H, am) ninety-day bills at 4.70 U.
NEW YORK BUTTER AND EGGS
NEW VOrtK. Mar 28 nUTTEft ItecelplJ.
7085 tuba Illaher and firm IllrVifr acorn".
44J44Hc. extras 48Vc firsts 42445c mc
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