"O fe& r tfS4!FirtIEiAM7TC .9HRB?fc ffT r. s ill u (. 1 i V- a rfe A if;' - f v. et rrjW- - KS& j I cL2 EVENING LEDaER-PHILADELPHIA, MONDAY, L JUNE 11, 1917 LIBERTY BONDS ARE CONVERTIBLE DUR INO THE PRESENT WAR INTO AN EQUAL AMOUNT OFHICHER RATE BONDS, IF SUCH BE ISSUED. THIS PROVISION IN SURES THE GREATEST POSSIBLE STABILITY OF PRICE. AND GUARAN TEES THE PURCHASER EQUAL TERMS WITH THE BUYER OF ANY SUB SEQUENT ISSUE. KDiiiMtijwlHniTO NOTICE H bale-or stocKs, rsoncis ana Collateral. Entire Issue of $200,000 First Mortgage Six OPcr Cent Bonds of Marlcy SMill Corporation, Coverinij IJPnnr TvTifla nr TliilfU lUnrv- ind, and Beaver Dam, Penn sylvania. 550 Shares Canital Stock ftlarley Mills Corporation. The nbove will bo sold to the highest blddefby thn undersigned nt Its Banking House. 900 Market Street. Jj Wilmington, Delaware, on Wodne- iv-uay uio iwonueiu uuy ui June, init, ftat eleven o'clock A. M. DELAWARE TRUST COMPANY Oxxnwnex Kr Company O.TOMOOILE.QANER3 Otter special facilities for m. dlvlduals or automobile deal, era to finance the acquirement of pleasure cars, for business bouses to finance the acquire ment of commercial cars or trucks. If you are thinking of purchasing a car of any kind for any purpose tho FINN13Y SYSTEM will mako a better business transaction for you. REAL CSTATE TRUST DUILDINQ PHILADELPHIA 0 m w VBJkw m w W BANKER6 and nunirffnn otn a. urikumur stb,, n. e. Oor. Msmbsrs of Phlla. stock Bxoha.ni Direct wire to Nsw Tork U. G. I. Warrants Bought and Sold REED A. MORGAN & CO. WKST KNI TIU'ST 111.1)0., 1'IIII.A. Members of the I'lillu. stock Lxrlmuse fc, BANKERS BROKERS INVESTORS demand complete and reliable news in regard to investment securities and authoritative Vopinion pn market conditions. 'There. is one newspaper that stands supreme in this field. The-Ncw York Evening Post. ALEXANDER DANA NOYES . 'the financial editor of the Evening i Port for tweqty-flvo years, holds a commanding position In this field. He Is the author of "Forty Years ot American FInanoe," "Financial Chap ters of tho War," "The Free Coinage Catechism," of which 2,000,000 copies were Bold; numerous monographs on 4 financial subjects, eta ills pre-eminence In his profession led to his .selection as tho editor of the financial department of Bcribncr'a Magazine. Mr. Noyes's dally editorial and his weekly summary In tho Saturday Issue aro authoritatlvo and Illum inating. They show the trend of the mar kets tfero and abroad. Tho financial and commercial news and statistics are. complete and accurate, prepared by experts. In fact, these depart ments are the most comprehensive appearing In any dally newspaper In this country. Every Saturday The Evening Post prints a Financial Supplement, which contains a completo review and analysis of the happenings of the week. Including Saturday's business and Important dispatches from all financial centers, both domestlo and foreign. This Saturday Issue Is delivered Monday morning as far West and South as St. Paul, Minneapolis, Wichita, Kan.; New Orleans and Tampa, Fla. It has thousands of readers all over this great territory. Tha price of tna Saturday Issue of tha Evening Pott Is S2.50 a year, but the publishers offer a special Intro ductory six months' subscription for 11.00. umii In the coupon below and send It today. anrlnmlntf ft I'.Oi w.-w-i. " 'i v. ifnnay Order. tiOTl. o' To '."J0.1.! Tn York SSilM' Eenln, Tost. ' s enclosed is u.ou ror special ta rlntrtAnr.tanr Mir months aiiH. 'crlptlon to th Saturday supple- rrntnt of the New Tork Evenlna- fPoat fSM to ftio. .. 4.. Btraet .... tfawn, '.....,.. Btata 'Trlr !" - r FINANCIAL NEWS 1 STOCKS ARE LOWER IN WALL STREET; SHORTS BUSY PUTTING OUT NEW LINES Show of Strength in Copper and Railway Issues in Late Forenoon Is Not Maintained Bethlehem "B" at New Top Mark High Points in Today's Financial News 'Stocks were generally loiver in Wall street at the close of the market. Soma issues wcra higher at various times during the day. Curb trading" fairly active, but there was no definite tone. Grain closed higher. Sharp advance in cotton to new high ground. Rubles went to new foio record tit foreign exchange market. JJar sil)cr higher. Philadelphia bank statement showed decline of $5,1,92,000 in individual deposits. Loans increased and surplus declined. Hock Island reorganization plan approved and receiver discharged. Ruling rate for call money in Wall street iyi per oenl. New York Slock Sales HlKh Alaska (lid M.... ',, Allls-C'hnl Co ... soy. do pref no NHW YORK, Juno 11. Tho stock market noted In a satisfactory manner to tho bull inlet csts today, although tho trading element seemed to feci that tho lower prices rcnchcil Indicated nn iiiiHottlcmost ol security vnluos. Tho upward movement, however, had continued for sovcrul wucks without a substantial reaction, nntl even nt today's lowest prices mnrr stocks rulrxl ut a level far nbovo that prevailing only a. short tlmo ago. Tor tho time llttlo bullish energy was displayed, nnri this encouraged tho professional boar traders mid uptown plunBors, who have been seeking to put out lines of shorts ut tho top to redouble) their efforts tmi mnko a strong play to forro speculative liquidation. Many of tho leading stocks wore offcied nt new low prlcCH, ns In the ''aso of United Htates Steel common, which nt ilrst was forced below 131 nntl thou below 130 In tho hopo of reaching stop orders. This decllno In tho market lender had a nntural lnlltienco In holding bullltli Hpeculatlon In other stocks In cheek, nnd In tho last hnlf of tho day stocks which had been In brisk demand during tho forenoon roccded with the other Issues. Industrial Alcohol, after ndvanclng to 1CSH, dropped to 1C0U, und General Motors, after advancing to 112, declined to 108. Thoro was a show of strcnKtu In tho copper stocks and railway shares for a short tlmo in tho Into forenoon, hut tho buying was not sustained, nnd thoso groups also reacted In tho lalo trading. Among tho Important price movements of tho day was tho ndvanro of CU points In llethlchcm Steel "II" to tho now high record of 1G3, fiom which It rcnrtctl to 1 ID. Tho featuro of tho trading In the bond market today wan tho decllno In many of tho New York city Issues to new low records, New York City -His of 11)60 selling at DO nnd tho 4Vjh of 1DB3 dropping to 102W. Anglo-French Ca sold nt D3?i to 03"Ji. S3 08 83 30 ll 103 VA 40 40V4 28 1 IS 81 1 P4 37 ',i 43 .1 es IS 70 40 1H 30 Askfd. DO 37 3T!. It ilk 4Vi an 70 34 81 10J 88 37 12 Y 100 8 41 32 3 8V4 83 S7 tT4 07 37W 47 '.i sy4 o 17 80 42 10 Pat. cln (pniej TRADING ON CURB FAIRLY ACTIVE; MARKET SHOWS LACK OP DECISION NEW Yortlv, Juno 11. Trading on tho Curb was fairly active, with prices of many issues moving In contrary directions nnd tho market generally showed n lack of decision In Its tone. Air Reduction continued In good demnnd, with transactions at tho high figures of 04 to 07. nnd National Conduit moved up from 37U to tho new high record of ST-'U. Submarine ranged from 32 to 31. Tho motor stocks showed a better tono for a tlmo. United Motors, which on Saturday sold at tho new low record of 20, ranged from 20 to 27?, nnd Chevrolet moved up to 102. Tho oil stocks wero quiet and without Important changes, Oklahoma polling nt 10V4 to 10, Osage at S. nnd Merrllt at 2CVt and 2G4. Magma Copper sold off from 47-4 to 47, Consolidated Arizona was traded in at 2i and 2i Canada Copper at 2 to 3 and Dig Ledgo at 3 to 2". Russian G'.bs sold off from 83'A to 82. Trlanglo Film wns ngnln actively traded In, ranging in prico from 2 to 2U. Marlin Arms sold at 05 nnd North American was traded in nt G',4. INHUSTIHAI.H Hid Air Reduction 04 Am Stores - 3 Aetna Kxploslvcs 3 Amorlcan-Hritish Mfg .. 8 American Marconi 2 American Writing Taper. 4 Canadian Car Co 20 Can Car & I'My prcf.... 05 Central Foundry 33 Central Fdy prer ... Chevrolet Motors ... Cramp Curtlss Acroplano ... Carwcn Tool Carbon Steel Kmerson 1'honograph . . Federal Dyo .' Haskell & Barker Car .. Hendeo Manufacturing . Kathodlon llronze prof. . Lake Torpedo Boat .... Lehigh Coal Rales ...... Lima Locomotlvo .... Maxim Munitions Marlin Arms National Conduit New "York Shipbuilding . North Amer Taper Pulp. Otis Klevntor Peerless Motor Poole F.nglno ........... PIorce-Arrow .......... Redden Truck Santa Ceclllar ......... OOtf. 3 Ui 33i 35 13 'sy4 41 ITi OS 37 Santa Ceclllar prcf SS 02 .. Scrlpps.Booth SO 40 S S Krcpgo w 1 10 11 Standard Motors 12 13 IS Steel Alloys ........... (IYt 7 Oi Submarine -...-. 32 s;v 32fc St Joseph Lead 18 IH 104 Todd Shipbuilding HI 87 80 Triangle Film IT' 2,4 2 United Front Sharing .. 'A .. United States Steamship. 4l 4T4 . . United Motors 27V4 27U Sfl United Sugar 30 30Vi .. World's Film Ik 94 ")i Wright-Martin Air B"(i vi 'A Zlno Concent ......... 231 3 3 STANDARD OIL STOCKS Illinois 213 218 21S Ohio 300 304 300 Prairie Pipe 807 303 Stand Oil of California. .270 273 Stand Oil of Now Jersey. 015 020. 020 Stand Oil of" New York.. 200 205 202 iNncrExnnNT oil stocks Harnett Oil & Gas 2'j 2 S Cosden Oil 13 13 1314 Cosden & Co 13 13V4 13U IClk Basin 10U 101 10 Federal Oil 5 5 ftVs Inter Petrol 13 18 13 INDIVIDUAL DEPOSITS FALL INnni'r.NIlKNT OIL STOCKS Continued H.lt. rinse DM AslieJ (Hali) Houston Oil 23 S3 23")i Mcrrltt Oil 2014 sni 30 Midwest Refining 131 130 133 Met Petrol I t Th ZK Ohio Fuel 18 20 Oklahoma Refining nn,, in-y, iov, Orago Hominy H 8 8yt Rico i i,4 Snpulpa Refining oi 10 10 Sequoyah 1', if, 1"A Sinclair 334 31 38, Un AV'est Oil a; M1NIXO STOCKS Alaska Standard 3.1 40 38 Atlanta lo,4 liVj 124 Tilg Ledgo 30 3U 3'4 Bisbeu Copper (a pros) . . 14 j't Butto Copper & Zinc... 12 13 1314 Butto Now York Hi iy, .. Cal & Jerome l)j l)J iy, Can Cop 3 3 Con Ariz 314 2a; F.mma Consolidated .... 1)1 l-f, First National 3V4 3 Ooldfleld Merger 00 r,i Goldfleld Cons 84 S7 Goldtleld Florence 18 25 Goldfleld Kewnnas 11 10 Green Monster 1, in HecU Mining 8,', 814 Hnwo Sound y, 0 Independence Lead 11 is Jerotne Verdo 1 j Jim uutler 7S 80 Jumbo I.xtenslon .in 41 Mclvinley-narragh so S3 ' 3' 2,', if. 60 4 r.5 in iA 8V4 S"4 1 75 30 S3 Magma Copper 45 47 45 Mother Lode 30 30 3ft Mines Co of America... 114 1.74 ,. Novada Hills 25 30 ,, Nevada Wonder 1V4 1!4 .. Nlplsslng ?V4 714 714 Ray Hercules 394 4 S' San Toy 17 19 Stewart 14 n.3? 14 Tonopah Uxtenslon 214 "y, "ft United Verdo 3914 4014 K114 West Und Con ns ;n n7 Whlto Oaks a .. .. White Caps 1 iW t Yerington Mt 31 33 33 lioxns American Smelters 6s... 0214 04 03 Atlanta Charlotte 6s .... 0714 08 0714 Bethlehem 6s 9814 08n 08 Cosden Oil Os 103 lot' Cosden & Co Cs 97 100 9914 Cudahy 6s 98 100 F.rlots.... 97n o,9i 0JV New Haen 6s 9014 97 Russian Government 614s 73 74 73 Russian Government 0V4s 81 83 83 Southorn Railway 6s.... 9714 07 07 Sinclair Oil Cs 95 97 .. Todd Shipbuilding Os.... 101 103 '. N Y State 4s 103 100 Decline of ?5,492,000 in Week Loans Show Increase The Philadelphia bank statement this week showed a decrease of JG. 492, 000 in individual deposits, while at the same time the loans showed a gain ot $1,480,000. Sur plus declined J2.716.000. Details follow: Dlf. prev. week June 11. '17 (decra) Juni 12, '10 Loans ... ,J530.tia,00(i 4,4o,ooo JBlS.lflS 000 Depts. (In.) 4T!l,7"3''",u circulation s.224,000 0.403.000 14,000 3.4O3,0UO 077,000 4,84H,O0O 3.478,000 231.000 2.710.000 was 145.570 000: Jun' IM.nin). 000, juno h, ivis, ss.vui.uuui . I7.HD.OUU. T-,,,. f, V,U. 84.7011.000 Dep. of bk. 72.B7H.OO0 Kl Clear. II. 21.873.000 Knv. keM. ino.518.000 lltiv, read., so.unti.uoii Hurptu. . . 10.546,0(10 Surplus Junn 14. 1015, 13. mil, 111 Juno 10. 101 Increaea 440,801,000 W,4U,U"U 73.023,000 170.04ft.0o0 18,367,000 110,875,000 77,030.000 8 .'.1188 a. 000. Juna' Am Agr Client... 18 Am Rett Wugar... 0714 Am Can 0214 do pref 110 Am Car & Fdy... 7714 Am Cotton Oil... 4114 do pfd 00 Am Hide & L.... 10U do pfd 00 Am Llnscod 34 do pfd 0114 Am Loco 7414 Am Malt 13 do pfd 0014 Am Smelting . ...lloli do pfd .....".. .11314 do pfd A 10114 Am Sum Tob Co. 3014 Am Stiel Fdry ..7314 Am Sugar 124 Am I'd A: Tel 121TJ, Am Tobacco new 102 Am Wool S8 Am Writing P pf 4014 Am Zinc & Lead. . 33 do pref at Aniiroiidn B01', Atchison 102 do pref 07 Allan lllrm & Atl. lflid Allan Gulf & W 1.110 Baldwin Loco Co. 00 Bnltlmoro & Ohio 72T4 do pref 0014 Barrett Co 12014 Bethlehem Steel . .11)0 do B IBS llrklyn Rap Tran. 0114 Burns Bros los l'.uttto & Sup Cop, 4ny Cal Petrol 23 ilo prof r,14 Canadian South.. 10214 Cal Packing Co.. 3814 Central Leather ..10114 Chandler Motors .0014 f'hesa & Ohio 01 Chi Gt Western.. 11 14 do prof 339; Chi M Ai St P 7SV4 do pref 110H Chi & Northwest. 11114 Chill Cop 2i' CI1I110 Con Co) 01 Col Fuel & Iron.. 50 Col C.uh & Ulec. .. 4114 Cotiaol Gas 10014 Net Low. Cloie. ehse. S14 W. 20 14 80 W. 03 03 T4 so 1V4 110 .... 7014 Y 4114 A 20 14 80 03 09 5014 110 7014 4114 DO ny, 0114 24 ol!4 73 1U4 6014 losy, 11314 10114 31 i 72 121 1 '' 14 1 1 y 108T4 1 11314 Y 10114 31i 214 72 214 1214 214 144 OfJi 24 0tl4 73 im 00 121 121T4 V4 102 14 60 1 4014 33 Yt 01 8314 102 14 OflTi in 113 214 0314 1 7214 0914 H 13014 1 13414 314 14014 1 p14 2 111 I 3 10 23 1 5114 Vl 101 14 i 102 80l 4314 33 03T4 8.114 103 0014 10 113 03 7214 0014 12014 131 140 5014 101 40 22 5114 lfll'i 33 0814 80 00 11 33 7iy. 110 111 2214 80 8314 40 38 08 00 on U 334 7114 11014 11114 3314 00 33 Vj 41 H H Corn Products ... 33 do pref ini'4 Crticlbjo Steel .... 8 1 14 do pref 100 14 Cuba Am Sugar ..105 Culm c'nno Sugar.. 40 do pref 02 Del & Hudson .. .11114 I L & W 310 Hen & R O prcf.. 17 Imtno Mines .... (, 1'latll Sccur 20 14 Urio 2004 do 1st pref .... 3014 do 2d pref 30 i:ik Horn Fuel .. 31 Vi Gaston Williams.. 32 Gen Hleo Co 103 General Motors. ..113 Goodrich, II F. . . . 5314 Or North prof . . . .10814 Ur North Ote subs 33 Greene Can Cop.. 1.114 Gulf Statu Steel. .130", Int Agrlcul 11114 do pref no Inspiration Cop... noi4 Int-Cons Corp pf 88 Int Mer Mar 20m do ptef 83 Internl Paper ... I3'4 do prcf sta .... 7014 Int Nickel 1314 Kansas City South 23 Kellv Springfield . .1014 ICcnnecott Copper. 18 Lack Steel 1014 Lehigh Valley . . . 0.114 Leo Rubber Ai Tiro I8', Louis .1 Nash .... 125 Max Motors .... Si) do 1st pref .... 00 do 2d pnf .... 3 Ilex Petrol 1 11 1 4 Miami Con Cop.. 11 Mldwiln Steel ... 00 11 Mo K & T 014 Mo Pac w 1 38 Nat Rnal & Stpd. 42 National Lead.... 5814 do pref ion Nevada Con Cop. 20 Now York Cent.. 0314 N Y N 11 ft H .... 87 N Y Out & West.. 23 Norf S. West ....12314 North Pacific 101 Nova Scotia Steel.. 03 Ohio Gas 14014 Owens Bot 93 Pacific Mall 38H Penna It R 8314 Peo Gas & C .... 7414 Pitts & West .... 2814 do pref 0.1 Tltts Coal ctfs... 80 Pressed Steel Car. 78 Pullman Tal Car. 14 104 Rwy Stl Spring. . 88 do pfd 08T4 Ray Con Copper.. 3114 Reading 90T4 Rep I & S 0314 do pfd 10.1 Royal Dutch .... 0.1 St L & S V 17 do pfd 20 Sinclair OH 63 Savage Arms .... 80 Shattuck Ariz ... 27T4 Sloss-Sheff S & 1.-00 South Pacific .... 03 South R It 2814 do pref 8014 Superior Stoel ... 47 Studebaker 8 1 14 Tcnn Cop & Chcm. 17 Texas Company ..21714 8014 10014 lflj 13 03 UOTf, MONEY-LENDING RATES NEW YOIlK Money on call opened 411 per cent: high, 4H ; low, 414 1 closed, 4140 414 t rulln rate, 4H Pr cent. Rates for time money today ranged from 414 to 6 per cent for all maturities from sixty days to six months. Prime ineligible acceptances were quoted at 406 per cent and eligible bills at Sl-16 3H. PHILADELPHIA Call, 4 iter cent. Time, 4 06 per cent Commercial paper, three to six months, 414 4 per cent. BANK CLEARINGS Dank elearlno today compared, with eorre- apondini ear tail iwo ycara: hllaajfl'pVt xor UMH Maftca.. .. 20,o?J.Sl KMOsiiit: !.12?7J f',W,wi o'.iSI'.iaw i&toSliw Rubles at New Low Records NEW YORK, June 11 Tho featuro of the foreign exchange market today was the pronounced weakness In rubles, checks be ing quoted at 24.80 and cables at 24.90, establishing new low records. Quotations were: Demand sterling 4.7514, cables 4.76 7-16, 60-day bills quoted at 4.72 and 90-day bills at 4.70. ' Frano checks 6.7314. cables 6.7314. Lire checks 7.04, cables 7.03. Swiss checks 6.0214, cables 5.01 H. Guilder checks 4114, cables 41 6-16. Ruble checks 24.80, cables 24.90. Pesetas checks 22.90, cables 23.10. Stockholm checks 30, cables 30.16. Chrlstlanla checks 29.20, cables 29.40. Copenhagen checks 28.05, cables 28.83. Reserve Banks Discount Rates Over 00 up to 00 t 4 4 1 f 4Vt Com. moditr "4 Third Ae R R .. Tobacco Products. Transue & Will. . . Un Bag & Pap n 21 mil 4014 0014 10814 10814 31 32 10114 son K014 102 11 03 11014 20D14 210 17 2314 20 31) 2014 311i 33 103 1118 8214 108 34 4314 123 1014 no ni', 5 nv, 2714 8014 4114 7014 41 23 3014 47'4 10014 1814 135 18 0.1 32 ll ' 41 '4 0 1 14 014 3714 401', 58 108 23T4 01 14 3014 33 12314 103 03 13714 03 37 33 ' 7214 3814 03 4914 7714 141 80 0814 3014 0414 001, 10,1 0.1 171,4 2814 3414 80 3714 8014 0314 27 8.1 47 8114 10 21014 10 8714 4014 81 13014 7014 47 100 7 If. 1 1 J- 14 14 '. 314 14 114 14 lot 14 -2t 1- 14 ,4 1 1 17 04 3314 20 14 20'j 81 33 103 108 52 108 31 4.1 14 V, 12.1 14 1V4 50 0114 BOV 28 81 4114 7014 41 23 .10 li 47 101)14 04 1814 12.1 48 1 14 V ',4 1 114 -1 - Vh 1 ' y. 114 114 -114 - -114 0.1 32 1)0 4 1 14 04 V, 014 2714 4014 5814 108 2.1!!, 01 3014 33 12.114 10314 0.1 13814 93 3714 52 14 7214 2814 U 214 14 114 ', 1 1 i a 114 " Union Pacific 138 do pref 80 United Alloy Stl.. 47 Un Cigar Stores. .10014 Un R'y Investment "14 U S Ind Alcohol.. 108 14 inoi4 U S Rubber 3 U S Smelt & Ref . . 03 U S Steel 133 do prof 117 Utah Copper ....118 Utah Sec Corp... 19 Va Car Chcm,... 41 Wabash 1214 do prcf A 48 do prcf B 23 Went Maryland... 10 West Union Tel. . 0414 Westlnghouse Mfg 64 Worth P & M pr B 88 noaton New York.... Philadelphia . Cleveland ... Klchmond ... Atlanta Chicago St. Louie .... Mlnneapolla ,. Kanaas Cltr.. nailaa Ban ifranclaco 10 or lea 9 8 Over 10 Over 30 up to 30 up to 00 3 8 Aerleul. Over 00 Hoaton 6 New York,..,. 6,, Philadelphia .. ii Cleveland .... S Klchraond 4tt Atlanta 4 Chicago ...... 0 Bt. Louis...... 4tt Mlnneapolla ... o Kanaaa City... 8 Dallas ........ 4W 1. 0 Trad acceptancea up 10 uu fptai Upt in ! s su thirty to alitr, 4 per "MJ-, so. I i. I Han Francisco 41 I etln ta thlrtrTHI" Mr 1 -.r, --.---c 4. j -. 'iiiJ'' hau pwtt'"w Wheel & L E. White Motors.. Willys-Overland .' do pr Wis Central.... Wilson Co 14 49Vj 30 01 6114 7214 do pr :. ioti4 1 02 4014 7714 1 144 5014 14 08T4 4 30 H 04 V, 114 9114 1 10.1 0.1 1714 14 20 1 6114 H 80 14 27 14 60 Yt 1 0314 27 14 65 1 4714 I 81 1 10T4 14 21014 2 10 3Yt 88'A 1 4014 89 0 137 14 7014 14 47 1 100 14 7 14 10274 314 01 01 114 0194 01 129 12014 3 11014 117 V 115 113 10 10 1 41 1 12 14 48 284 1014 14 0414 Y 6S14 ii 68 14 14 14 47 114 20 04 8114 72 104 44 1214 48 2314 10 0114 B314 68 14V4 47 20 04 8114 72 104 Sales in Philadelphia . ltlah. 60 Chill Cop.. 2314 s Eleo Stor. 03V4 10 Diet Sec... 2014 030 Lk Sup C. 20 60 Leh Nav.. 7814 10 Leh Valley 6114 10 Mlnehlll .. 6714 6) Ncv Cons.. 2014 601 Penna R R 6314 77 Pa Salt M. 0614 331 Phlla Hleo 3014 080 PUT tr ctfs 80 loo Rwy Stl pf 8714 loo Ray Cons. 30 1238 Reading... 00 200 So Railway 28 12 Ton Bel... 414 30 Ton Mln.. . 014 23 Union Trao 4214 803 Un O Imp. 7714 775 do war. . 2014 8585 U S Steel.. 131 80 Willys-Over 2914 20 War Ir& S 014 1 Net Ixiw. Clni. fhite. 2214 2214 A3 83 Ik 204 2014 W 2014 2014 W 7014 7014 ... 6414 6414 8714 8714 2814 2814 8214 6214 Y 08 98 H 2914 30 ..... 20 3914 W 8714 8714 "i 80 80 94 04 28 4 OH 42y 7714 28 28 4 OH 42 Vi 7714 2014 1294 12014 2V4 2914 2914 Y 014 OH H compared with 70 40 09 987!, cIom 10014 10014 10014 10014 80 Total aalee. 12.203 shares. 8007 nhare latt .Monday. nONOH . lllh. Low $1000 City 4s '43.100H 10014 1000 do'40rcg.l00H 10014 200 do 1946.10014 10014 800 do 1946.10014 100 14 3000 Klec & Peo Tr 4s... 80 3000 Lk Sup Ino 4s 47 0000 Leh Nav cons 1'is 09 lvoo Lehigh Val gen 4lis 00T4 1000 do cons 414 s reg 0914 4000 Penna Co temp ctfs 4Mb .... 0314 1000 1'a & N Y 6s 10.1 8200 Phlla P.Icc 1st DS...100T4 100 10014 2000 Reading gn 4s . ... 0114 Net chKe. 1 . 14 40 00 0014 H H 0914 09 4 9.114 0S14 H 103 105 0114 0H4 14 Tntnl Milce, laet .Monday. M7.70O. compared with 310,500 Local Bid and Asked AmorliTtn SLurra IlaldtWll llrlll J () - ' Hutr t. sm nt c rrt do prtt r,o nicctnc StornKu Uitli Ocnerul AKphult 20 ilu pr.'t 6 Kcvatnnn Telf phone ... 11 I.nko Hutu rlur Corp.... 204 l.nlilKh Nuilwitlon .... D't LehlEh Valley 04 1 ,i"li lh Valley Tr 22 d pref 43 Pennsylvania 52T Phlla Kli-elrlo 'M'i l'hllii t'ompiiny 33 do 5 pT rent pref... 32 do 0 per tent prof... 3H Phlla UTtr !! lti'mllnx li 1 4 TonupHli llulmont Irf Tonop.tli .Mining tt Union Trni tton I2U Unlteil ll. ex Imp "J1 1 H Mecl ISII'a York Hallway l'J14 do pret 3 Win Cr.imp t c fc0'4 Today Illd. Aakod. :ill' 0014 27 6.1 53 ;J3U 02 211S 77 115 2214 42V 83 80 34 33 3D 20 ot;. 4 ii' 421. T. 130 13'4 371 an R.itunlay llld. Ankfd 30' 37 0ll' 27 53 50 03 21) Ml 11 2H4 -0 04 224 43 r.:t 20'4 as 32 3S .'III tir.'4 hv 4!!? 77't 132 13 mi '4 bflli 07 211 55 52 1,1 iij im 204 7llJ llt' 23 M'4 63W 111', 34 3,1 :iu 3D un '! O'li 42 774 1321. 14 371-a 8S New York Bond Sales Hlfth . . . U3S . ..10J . . . ua'i ..102 .. U5i . . UllV, .. mil . . DUl ..101, . . 5; 12000 Amor Aer cv 5a. 4000 do deb r.s 22U.Mii) Anglo-French 5a tluuu Alnvr Uldd & I. Ob, 2000 Amer l"or Sec Sa... 7511110 Amor Tel 5. ljuuo Armour Co 44a.., llullU AUhinun Ken 4a.... l'.'iioo do q 4a 1D0O Until lti.rrl.anv (I. 75U0 liult & Ohio 31ib ! D"S 7UOO do 5a WIS atioo do cr 4Mb M)4 1'ijou Ileth steel rf.l c. . 11114 43U0O llronkln It T 6a TIK. HI', looo Hrkln Un Llv lac 8a. 03 noon Can lluvt 6s 192o till ailllll do 6s 1VJ1 tli"i 210IIO Cent LtMlher lt Sslul's 211(10 Chill Copper 7a 120 IHiiio Chea & Ohio cv 44a.. 7UVi 47UUO do cv 61 84 00H Chi & Eaat ct 4a 314 10(111 Chi Ut West 4s 0S4 3000 Chi & Nwn Ken Is 1)1 S.Viiiii Chi II & u Joint 4s... 03'4 6000 do reg 4a 95, loon do 111 34a Nl, 40IH) c XI & st I" rfd 44a . tid' 3(10(1 Chi II U 1 rfd 4s 72 1040(11) do 6a ct 0110 Bin 714 1000 do 4s M)'. 3000 Col Industrial 6a bil 70(10 Cltj of J'orla 0s OVi 20U0 Con Oas cv 0s 10S 11100 Del jiud 44 a us 1000 Den & Itlo Or 4a 7114 4000 do rfd 6s 584 juuo ueirnii jaiaon lai ra. un (loon Dla Secur Corn 20000 Krlo cv 4s Ser I)... 10MI00 Trench Itepub 54a. 2000 len Klec deb Ba... .'1000 III Steel deb 44a... 15000 lnterb Met 44a... 11000 Interh It T ref 5a.. 2000 Inter Mer Mar Oa... 2000 Inter Aur 5a 6000 Jnpaneao 44 a 804 MO00 Laika Steel 5a 1832..100'! 62000 'do 5s 10,',0 107'i Olinn Laclede Oaa lat 5J...100 2000 do Ken .1U a Kv .imhi i.k nn uel a 1H2K.. lsniin do deb 4a 1031 . .. f.000 Mb & m T 6s 100(1 Lone Island rfd 4a.. inoi) Lorlllard 6a 400(1 Lous ft Nash 4a ... 1000 Mldvale. Steel 5s 20iino Mo lao w I 4a 10110 Montana Power 5... Hnno Nat Tube 5s ... 7000 J Y C L S 34 s. 16000 NTCtlU,..,. 2000 do 44 a 2000 N y Chi & St 1000 n r city 4s 211110 no 4,n 11)00 ... 2(100 do 44a 19(13 ... 5000 do 4'ia 1004 ... 2000 do 44s 10113 ... 1100(1 NTOIItr.ll., 2.1000 N Y Ilwy adj 8s.. 4100 N- y Tel iten 4'4a.. .iniuti .-Nor i'ac sen as or.t. . (is . on A .102 . R7 . niv; . (13, . Dl4 75 (124 014 . . 0B . . m . . tl7'i . . nt'I . . B.14 . . flo; .. nn ..1004 .. 71 ..1004 U1'4 1st 4a 014 884 00 20110 Dro Short T. ref in 1000 Pacific TeI6a 103 OR'i 2.1 B4l 02 li 87 0(1 J ni 01'. 30000 Penna 4s 104R 40000 Tenna gen ct 44a anno I'un wcrv N J 3s h7, 14000 Headlne sen 4s 014 41000 Hep Ir A S 5a onV 1001) St L I M ft B 4a 77 1000 do Ren 8s 07'i 7000 St L ft S F ajt Os.... (17 R00O In 5s 40 lotion do Ser A 6s (13H 3000 an ser 11 11s 7B4 2000 Seaboard A L adj 6s noon soutti i'ac cv 4a... 3000 do rfd 4s . ... 41000 South Pac cv 6a 11000 South Itwr gen 4s. 10000 do con 6a 1000 So ny St L 4 4000 Tann C ft I Ken 5s. 7000 Tex ft I'nc 1st 5s. 87000 Texas Co cv fls . . . "Ono Third Ae Rd) 3s 81500 V S Itubber 5s ct 200O do fls 201000 U U Steel a f 6a.. nu'i vl M nu4 ess 71 101 03 103 43 8SU. ...10Hi . ..104'2 3 214 Total sales, 033,400 shares, compared with 014,300 shares loot Monday. Ex. dividend Maxwell Motora. Motors first preferred. 1.; Maxw aecond prererrea. 1; int. i;ona, Texaa Company. 214. 24 t Maxwell swell Motora preferred, 14 ; ASKS BOOKS FOR SAILORS An appeal for patrlotlo citizens to send magazines, books and other reading matter to the Philadelphia Navy Yard for the ben efit of the enlisted men statloped there was sent out broadcast today by Admiral Tap. pan, commandant of the yard, The Admiral announced that such read ing matter may be sent to the Central Branch Y. M. C A., Arch street near Broad, or to C II. Dickens, chaplain of the yard. Other "navy yard periodical stations" will be designated soon In all sections of tho city. Workmen at the yard have also been asked to brine reading matter and leave it "with th ruajj stationed at the 7 2000 Union Pac let 4s 03 inno ltn Uwa R P 4s S! 143000 U K O II ft I 5s 074 11(100 do 54 b 1018 (ION 68000 do 54 a 1019 new... 00 11000 do 64 a 10111 9114 10000 do 64 b 1021 D5S 5000 Va I C ft C 1st 6s.... 074 7000 a Car Chem 0a 100 5000 Vn Ilwys 5s IM't IO11O Wabash 1st 5s loon 2000 do 2d 6s 014 2000 do 4s rni'4 15000 West Shore reg 4s... S24 1000 do 4s ., S5 1000 West Union 44s 03 Low W3J4 101 . 034 102 34 HX's 1)1 UO i!!4 ii.-i'i 81) Pti4 M)4 9D4 104 tu Oil n.1'4 till', 12(1 70' hxl, 314 Oiija 1104 05 . II54 hl h(l4 72 7n MOTt h0 034 J OK OH 71'4 584 III) H.I 118 91) A 102 h7 (11 0.1 01 4 75 8H4 101) 111.1 90 s; H2 934 014 00 8.1 07U tmi 034 oi 11(1 100'i ioS nil 01 884 00 10J4 99H 103 0814 2.1 uiH 02 87 9fti 0.1 8?S 914 90S 77 0714 07 40 03 Ji 78 OOIJ 81 , 80 111 084 OSS 71 J01 95 103 43 874 101 104U 03 074 90 A, 09 H 004 051J 9714 100 04 1'lOli 014 0' 83 4 83 03 CloPQ 9j; ioi4 W3H 1U2, HI' ',4 VI 1)0 1014 .- iiok 9(14 894 994 1184 IIJ till 93i IIUTs 1211 79'i 8x'a 314 (1S4 tiO'j 5. Il.14 81 8il', 70 811', SO 3i 101 IIS 7114 584 90 111 HS 904 102 871 (II 93 9li 75 8114 ion 10.1 100 82 024 914 99 85 07'i 91U 934 ni on 1004 71 10(14 ouj 01 R814 00 1024 904 103 98T4 2.1 94H 02 87 904 93 93i 87! 014 99 77 97U 07 40 MS 78 i on '4 81 i 80 II04 S84 914 71 101 0.1 103 8SU 101 I 104J 93 82 974 09S .13 A 064 95 074 100 94 ino'i 914 1)6 824 81 93 Total sales, 112,034,000. compared with 13.370. 000 last Monday. MOVEMENTS OF PRICES ARE NARROW , I THROUGHOUT WHOLE SESSION HERB Steel Common Is Most Active and Shows Greatest Los Philadelphia Bapid Transit Certificates Do Not I AnnooK TTnfil Afternoon.' and Then Sell Off i Nothing of nny Imporlanco developed In the tradlnir on tho riilladclphla Stock 1.x chango during tho full five-hour session to day. From the start of trading prices moved oer nn Irregular nnd 'narrow course, with tho chanp.es nbout evenly di vided between advances and declines. None of the losses, however, with tho exception of tho downward movement In t'nlted .Stales fitoel common, was more than a fraction. In Hleel there wns a Ion of a full two points by tho last hour. The market took Its cue from the move ments In tho New York list, nnd the pres sure exerted against some of the stocks In Wall street brought about a. reaction In similar Isiuos hero. It was not long after tho opening until Steel was placed under COTTON PRICES SOAR TO NEW HIGH RECORDS Sensational Rise oji Heavy Buy ing Sends Futures Upward for Gains of 107 to 112 Points cotton iini.T wi:.Tin:tt roviimoxs M:iV tORKe-Jnne 1 1 The follolinr teni ientlini were recorded In the rot Inn hell this mornhiEi Aliellle, 6Hi Knimtllr. 00: NinlnMI nnil Alliintl, Oil lllrmlnalnini and ItitlelEh. OOi AliaiKta. nnd 1'ori smith, .l l.lttle Ilork, Molo.hurir, .Merlilliin, Milton, Montconieri und Mllmliiaton. 72i slireieport, Hun Antonio and 1lnn.lil. 7t Ahllene. Ofcl i lioma. Del Itlo, l'ennrnlii, TIioiiiiimIIIi. harleslon nnd Mu smith, i CtiriiiiH I lirMI. lamiw anil Jnc kwnnllle. "Si t.alteatoti mid Molhle. SO. ... There wo .02 Inch of prlnltntloii nt Snnnnnli, .1(1 lit New Orlenna, II nt All rntn. .21 nt Clinrlealon, .2(1 ut Itnleleh nnd 2.30 ut M llinlncliin NHW YORK. Juno 11. Cotton soared sensationally this after noon, nftcr showing unuxual Rtrctigth at tho opening and Increasing in lgor on good buying throughout tho day's trading. At tho close July nnd December weio 10'J points tiboc .Saturday's close, tit 2143c nnd 21.03c, respectively. Jnnuniy ended 112 points higher nt 24.10c, March finished nt 21.23c, up 108 points, and October Jumped 107 points to 23 89c. .Spot cotlon advanced 85 points to 21 65c. All options were nt new high records At the opening, October crossing 23c for the first tlmo nnd nil options t.old nbovo that level. The tone was strong nnd advances rnnged from 21 to 27 points Commission houses, Liverpool, Wall stieet, uptown operators and spot Interests purchased, whllo tho main supply came as a result of profit-taking, with New Orleans and Southern houses selling moderately. Sentiment was ery bullish. It bolng stated that spots wero strong all over the world, whllo good reports havo been re ceived from all trado markets The strength was Influenced by tho considerations nnd the sharp advances recorded In Liverpool. Improved crop weather conditions were Ignoied, the point being made that the Im ports did not promise any remarkable up turn In the June condition. Realizing of the longs were readily ab sorbed on the early setback of snmo 10 or 12 points nnd the market developed renewed strength before thn end of the first hour. After selling at 22.89c, October contracts ad aneed to 23.27 soon after 11 o'clock, while July sold up to 23.82c, with tho general list showing net gains of 49 to 50 points. Tho predictions of lower marine war risks combined with the showing of tho Liverpool market nnd of Liverpool statistics led to tnlk of increased exports, which may possi bly hao been a factor on the advance. Pit' J.i j 'a ClnsH Open, lllah. l.ov Close. July 23 3 1 23.SU 24. OS 23 4U 24 43 Oetolier 22.M 23 00 24 01 22 SI 2311 Deiember 22.92 23. 1.1 24 IS 22 03 24 03 January 22.9S 2.120 24 20 2.' 97 24 111 March 23 1 23 40 24.31 23 IS 24 23 Spot 23 0 24. OS Liverpool Cotton LIVERPOOL. June 11 There was a fair demand for spot cotton this morning and prices were 35 points higher on tho basis of ID 8Cd for American middling. Tho sales aggregated 8000 bales, Including C000 bales American. Imports were 5000 bales, Includ ing 2000 bales American. Tho market for futures closed firm at an advance of 51 59 points. Cotton '.Buyers and Sellers NEW YORK, June 11 July R. Hub bard, Downs, Schlll, Wntklns, McEnany nnd McFartden bought; W. Gumoens, Royce, Stclnbacher, Orvls nnd Hyman sold. August Hentz, Schlll and Mitchell bought; Van Vllet sold October McKnnny, Montgomery, Mitch ell, Sellar, Cassard and Cardora bought ; Clearman, W. Gumoens, Rtelnbacher, New man, Kelffer, Hyman and Rosenberg sold December Robert Moore, Schlll. Mitchell nnd Brooks bought; Hentz, Rosenberg, Fllnn, Wenman, Hyman, Martin and Royce sold. January Allen. Orvls and Montgomery bought ; deer, DIckerson, Hyman, Judson and Schwartz sold. March Schlll nnd GIfford bought; Hago dorn sold. , GOVERNMENT BONDS 2a registered 1030 2a coupon 1930 Ss registered IBIS 3s coupon 1018 4s registered 1923 4s coupon 1025 3s registered 1040 8s coupon 1040 Panama 2a registered 1030 Panama 2s registered 103s Panama 8s reglMtred 1U81 Panama 8a coupon TIM 93 , 05'i 08 9S5 Kit 104i Stt M 9V 9V h7 svl Asked. loit 100 Financial Briefs J George D. Porter, former Director of Publlo Safety, has become associated with the II. Ll Dolllngs Company, investment bankers ifi the Wldener Building, as a vice president In charge of the eastern I'ennsyl vanla territory. The New York Subtreasury gained S2 -050,000 from the banks on Saturday, mak Ing a cash net gain since Friday of $5. 333,000. ' Edward R. Franklin, secretary of the borough of Darby, has announced that the borough will receive bids for the sale of 15,000 4H per cent street-Improvement bonds until July 2, Application has been made to the New York Stock Exchange to list the following securities! Booth Fisheries Company. 250 000 shares common stock without nominal or par value In exchange for 50.000 shares .common stock par yIu libo. nd Beth lehem steel Corporation JH, 655,000 class b common stocH permanent certificate In achange for present; ovtMmiitm temporary crtlctM. ' DIVIDENDS DECLARED Lone Star Gas Company, quarterly of 2 per cent, payable to stock of record June, 23 Ihree montha ago company declared quarterly dividend of Hi per cent and 12 per rent Duquesna Lighting Company, regular quarter ly of 1" rer cent on the preferred stock, pay able August 1. Hooks close July 1 Kasrern Power and Light Comp.iny, regular quarterly of la per cent on tho preferred stock payable June 13 to stock of record June 7 International Harvester Compan). regular quarterly of l'i per cent on the common stock, payable July 16 to stock of record June 23 American Publie Utilities Company, regular quarterly of H4 per cent on preferred stock, payable July 2 to stock of record June 30. iirnavure. It was the mnnt a.it.. . whole list, but even at that the turnt was iiui. im iuiku uo in usually the cat hi The traction shares were absent fromTCJ tnpo until lato In tho afternoon. thl i?i Philadelphia Rapid Transit trust certlfM(21 came out at ju, n loss of yt ntui , frnptlnn was added to thl .i.n .0Uv Isst hour. Vp until tho last hour li t dividual stocks nnd 11 different bonoiiS Stock of tho t'llltcd Gaa lm-... Company measured up pretty well with X remainder of tho list ns far as actl was concerned, nnd It wns lower all thrS tho day. Tho warrants, too were eff a i& tlo In the morning, but lato In the day , - rccuon-u. SI CET Trndiiiff Is Moderately Brisk Am- leans aicuuy, uut colorless LONDON STOCK MARKET . LONDON. June 11 Trading ..,.l os on tho Stock Exchange was modr.i. Itlei modtntefc brisk today, nlthough there were fW' features Tho feeling continued cheerMS i no "-'"'- ci.. uni will ufn. --i; half per cent war loan, however, wis i! I ..vnonilnn lmvlnir boon nrr.nin.i i " s . taking following tho recent jump Americans were mp.iuv but env.i. i Canadian Pacifies received sunDor. ,.j I Thcro wns a fair Investment demand tJi homo rail", which were firmer Are..!!?! llfmu iima pnnil ".! Allied bonds hardened biofj, of R J slan tlitec months credit 1.H1, wa, , "J Here nt i- per ccm otter the recent l' torvai. ntui caciiiuikii irepnndeu i Nadirs were helped by a favorable rttxJ on the output ot gom nt the ruma iuf month. Rubbers nnd oils were Irregular ' LOCAL MINING STOCKS TONOPAII STOCKS nn MacNnmara Midway ; 14 Mlrpah Ilstenaloti in Montani. 20 North Plnr io Itcscuo Lull 23 GOI.DFini.I) STOCKS niuo nun oi. Itooth 01 Comb l'rae . . 01 lilnmf II n . . OS Daisy 02 Oro .01 Sand Ken 03 Silver rick 10 MtSCni.I.ANKdCS Arizona 1'nlted 33 NeMida Hill 54 Tocop.i Mining 30 AIM1 .IT .11 .11- .:i .11 .w M .04 .M .01 HI i It li .11 NEW YORK COFFEE MARKET " NEW YORK. Juno 11 Tho market for corfco futures opened 1 to 4 points hither this morning. Trading on the call wai i tle, sales nmountlng to 11000 bags. Tnda'a Todiy s wpcnins Juno July August .... September. . October .... Noember . December . January. . .. February. . . March April JIliv nid. SxtMla i- r:."' 7 HL"iiT SI 1 liin .7."57H3 7 STMT a 7.Ml! ... '! , 17. 1. 03! 7 till V 7 88 7 (tot T limit Nil) T 04( Sll3ltU4 7 OK s 07 w sns n.iin l.ias 14 .o8ii .7.01 7.92 7.01 .7.9S K III OR 0(1 8.(IS .H.12 .8 1SS8 21 !!8.30W8 31 Im siofis'jn :i3Biii 2ias2n tiiici -iin.itu B1HR2 34 8 35 8 286814 Siifrjir Kiiliiroo Irrpo-nlne ..e... . j .1 NEW YORK. June 11 The market fori sugar futures opcr.sd Irregular and quiet, I bales amounting to 2050 tons and first prices 1 point lower to 3G poinds higher. The heavy exports of Cuban raws to Eu rope held the t.pot market steady ana thli Influence Is partly responsible for the lack of aggressive selling pressure on the el. chnnge. Tho market seems to have U-l sumed a waiting attitude ... ..... . - - .. . H Want unilorm Size lor Lotion HUM NEW YORK. June 11 -Elghty-slx mim? hers of the Cleorgla Legislature and mint commercial organlzatfons and merchant! oi that State havj Indorsed a bill which wlJ bo Introduced at tho next session, provWlnf for uniformity In the size of the cotton balei and fixing tho maximum size of gin bote BAR SILVER Today New Tork (cents) 70S London (pence). 36' Last Sat Mon T 7.114 3S,', 8SA -HIHfl 7!) tlV 8S'i lili The Safe Keeping of Liberty Loan Bonds Do not neolect to htt Vr Goeernment because iou havi ss facilities tor keeplna totit. Banks, Trust Companies 4 Safe Deposit Companies , nan tenerally agreed to hold Liberty oan Bonds in limited amounts free oi charge. If you cannot secure such ac commodation our Customer! Se curities Department will hold your bonds In amount not tt exceed 15,000 and will collect your interest without chargs. TheNationalCity Company , 1421 Chestnut St., PhiladelphU New York Chicago S11 Fraieue) Bostoa Pltuborib Columbus Pittsburgh Wilmington Dayton Logangport Evansville The R. L. Dollings Co. INVESTMENT BANKERS Announces the selection of Mr. George D. Porter as Vice President and Manager for. Eastern Pennsylvania with offices in the Widener Building Principal Company Offices Philadelphia District Offices Wllkes-Barre Allentown Fort Wayne Toledo Zanesville Indianapolis Canton Sandusky Hamilton Newark Terr H I H - - 1 en iirirr"-aM'i-1-1' - Riftiii i iialfiaJaMJlY - L ts. tik-. - Jsd,J
Significant historical Pennsylvania newspapers