R I
. ,i
1 0
w u.
h
ft,
f.
k' 'jMJIllWMll BBBB
-, I
kWm I you pay
YOU PAY
TO PROTECT YOUR
HOMES FROM FIRE.
WHY NOT PAY
TO KEEP THEM FROM
ELGIUM'S FATE?
IF YOU DON'T COME
ACROSS, THE
GERMANS WILL.
The Safe Keeping of
Liberty Loan Bonds
Do not nrolert to help vour
Ooienimrnt brca m ynu hav ho
cclHllea or keeping bond,.
Banks. Truit Compinlci and
Safe Deposit Companies hav
renerilly agreed to hold Liberty
Loan Bonos in limited amounts
Irte ol charge.
If you cannot arcure luch ac
commodation our Customers' Se
curitiss Depanment will hold
your bondi in amount not to
exceed J5.000 and will collect
your interest without charge.
The National City
Company
1421 Chestnut St., Philadelphia
Ivew Tori CMcsto Sn Franctsrn
Boston Pittsburgh
ERMIarRsgo.
BANKERS
IXstaklLheU IUV
321 Chestnut Street
Philadelphia
No Safer Investment
than the
Liberty Loan of 1917
Subscribers to this loan will
have the satisfaction of show
ing their patriotism in a prac
tical 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
he "exception of the Inheritance
Tax.
William P. Bonbriglit & Co., Inc.
Aluitjila ttiaiu otJiuujJ Jr
Manncer
437 Chestnut St., Philadelphia
New lork Ilonlon Detroit
London Paris
William P. Bonbrlght 4 Co. Bonbrlght 4 Co
mmwrn
NOTICE
Sale of Stocks, Bonds and
Collateral. Entire Issue of
$200,000 First Mortgage Six I
Per Cent Bonds of Marley
Mill Corporation, Covering
Paper Mills at Childs, Mary-4
land, and Beaver Dam, Penn
sylvania. 550 Shares Capital Stock
Marley Mills Corporation.
The above will be sdld. to the
highest bidder by the undersigned at
Ita nankins; House, 900 Market Street,
Wilmington, Delaware, on Wednes
day, the twentieth day of June. 1917,
at eleven o'clock A. M.
DELAWARE TRUST
COMPANY
rriB'plwwrl'''!mi"mB'Bm-WBa'mi iMiimiMKl
Barnett Oil & GaCo.
1V art preparing a pclal llluitrated
booklet allowing prppertlea of thla Com
pany Sent frea on renueat
IVrlfa for Bookltt B J
E. H. CLARKE
Morton R. Alexander
I (rtraldant Partner)
I'hone 1119 Spruce
Slock Enhance Did?.. I'hlts.. I'a.
17 vllllljim St., vr lork
Kawark. N, J, Scranton, Pa
v
FINANCIAL NEWS
STRONG INDUSTRIAL POSITION SHOWN
BY EXTRA DIVIDEND ON U. S. STEEL
Action Expected to Be Followed by Other Corporations.
Stock Gains in Price New High Mark
for Bethlehem
High Points in Today's Financial News
Wall street looked on extra dividend declaration by United States Steel
Corporation as indicating strength of industrial companies. General display
of strength in stocks. Many new high records made on Curb. Com and oats
higher; wheat lower. Cottdn went into new high ground, liar silver un
changld. Foreign exchange market easier. I
NKW YOniC, Juno 13.
Tho wonderful strength of tho great Industrial corporations whose stocks
are traded In on tho principal exchanges of tho country was Indicated by tho
step vyhlch was taken last night nt tho United States Steel Corporation directors'
meeting, when a Hcd Cross dividend of 1 per cent was declared.
Tills action Is expected to bo followed by nearly nil tho Important Industrial
corporations In tho country. In lino with this, tho du Tout do Nemours Company
declared n, 1 por cent dividend today for tho samo purpose At tho same tlmo
that tho Rod Cross dividend was declared by Steel tho directors mado a state
ment that tho disbursement to bo doclarcd nt tho end of July on Steel common
would bo tho samo as that declared at tho April meeting, 3 per cent extra and
114 per cent regular. This announcement firmly establishes United States
Steel common on a 17 per cent dividend basis, nnd the statement mado by tho
directors caused actlvo trading in dealings today.
Tho common stock mado a gain of 2T4 to 133 at tho opening, and after
receding on profit-taking antes later advanced to 134;, making a new high
record slnco It sold ox-dividend on Juno 1.
llcthlehcm Steel nlso mndo a new high record, advancing moro than 3 points
at tho opening to 1CD, and a new high record v. as mado later in tho day by
Industrial Alcohol, which ndvnnced moro than C points to 171.
Thcro wero many exceptions to tho display of strength, however, Deln
waro nnd Hudson dropping 2 points to 107, with tho selling based on an
application for an Injunction against tho pnment of tho dividend due on Juno 20
The news of loduc'tlon of tho Omaha dividend in other times would havo
caused unsettlcmcnt of tho market for railroad stocks, but at present tho
situation Is thoroughly understood, and tho adjustment of tho disbursement
to new conditions is exerting nn Influence only on tho stocks directly nffectcd.
Hock Island Cs wero traded In on n largo scalo in tho bond market nt
prices ranging from 71 to 71. Anglo-rrcnch Hs were comparatively quiet,
with dealings generally at 93.
CURB ISSUES HIT NEW HIGH PRICES,
WITH TRADING UNUSUALLY VIGOROUS
NEW YOUK. Juno 13.
The trading on tho Uroid Street Curb today showed moro vigor than It
has c1lspl.ic(1 In n long period, with somo stocks moving up to new high tccords
nnd minv Issuei making substantial gains. Interest was nttached to tho
Initial trading In Iistern Anlllno nnd Chemical Company, In which Jhero were
large tians.ictlons from 9 to 9.
Tho company has taken a prominent position In the manufacturing of dje
stuffs and is understood to control secret processes for their production It Is
asserted that It has contracts for Its entire pioductlon foi a long period ahead
Tho heaviest Hading on tho Curb was In Ohio Copper, nbout 10,000 chares
changing hands at 1 to l3i. Curtlss Acroplano was regarded with most
Interest, there being persistent bujlng of that stock, which ro3o from 3S to -10s4,
reflecting the Influence of tho reports of rrnny new contracts.
Maxim Munitions continued strong, with trading nt 1" to 2, nnd Central
1'oundrics was In demand again, telling nt 3G to SG't. Air Reduction ranged
fiom 97 to 90.
Thero waH a falling off In the volume of traJ ng In Trlanglo Tllni, apparently
duo to the cxlnustlon of tho supply around liv ?nt quotations
Oil stocks weio generally heavy, with Sinclair selling nt 32 and SI. Merrltt
was traded In nt 2fi9n and 2G Clurcoal Iron sold nt 9'i nnd 9 United Vet do
was tho most nctlvo of the high-priced coppers, ndvnnclng from 39 to 39.
Big Icdgo sold nt 2 to 3. "Mngnato was steady, with Lalc3 at 15-lfi.
United Motor sold at 27'i to 274.
Russian Cs sold nt 82 and tho 5s nt 72 nnd 71.
INIIUSTniAI.S
Yes. close.
111(1
Asked (Silo)
Air Reduction 9'i "
American Stores 31 37
Aetna Hxploslves 3 371
Amerlcan-Ilrltlsh Mfg ..8 IS
American Marconi .... 2 3
American Writing Paper. 4 4Vi
Canadian Car Co . . . .5(1 30
Can Car H IMy pref 01 70
Charroal Iron 0 0'
Chevrolet Motors 01 100
Cramp 83 88
Curtlss Aeroplane 30 41
Cam en Tool U1)! 12
Cirbon Steel 105 100
Central Foundry ... 3iyt 30
Central Foundry pref . . nVi Bfiii
Fast Anlllno O'A 0
I'merson Phonograph 7'i 8
Kedci.il live ... 40
Haskell it Hirltcr Car .. 40 41
Hendeo Manufacturing 2R 33
Kathodlon Uronze pref iVt 3
I.akn Torpedo Hoat . . 8 8V'j
l.chlgh Coal Sales 7.1 83
I.lmi Locomotive S4 67
1)7
3
D'i
00
31
40
Maxim Munitions 3
Marlln Arms . . . . 04
National Conduit .. . 37Mi
Vow York Shipbuilding . 44
Otln Klovntor 80
Peerless Motor 18
Poole Knglno 70
Pierco Arrow 30
Redden Truck 18
Santa Cecilia 20
Sinta Cecilia pref 81
Scrlpps-Ilooth 30
S S Kresgo vv I 10
Standard Motors 13
Steel Alloys 0
.Submarine 33
St Joseph Lend 18
Todd Shipbuilding 81
Trlinglo rilm Ill
2V4
07
37
41H,
00
17
80
43
10
30
03
40
11
1.1
7
33
18,
87
48
0
United Profit Sharing . .
United States Steamship
United Motors . . .
United Sugar
World's Ullm
Wright-Martin Air
V .
4 4'j 44
28 38n . .
30 30 ',i . .
4 ..
6'A RY By,
2i)i 3 V 314
Zinc Concent
STANDAni) OH. STOCKS
Illinois 215 218
Ohio 388 303
800
Prilrie Pipe 307 301
Stand Oil of California. .207 272
Stand Oil of New Jersey 008 013
Stand Oil of New York. .287 290
ivnni'KNnuNT on, htocks
TJamett Oil & Gas 2V4 3 2
Cosden Oil 12 1SV4 13
Cosdcn & Co 127fi 11 13',,
Ulk llasln 10V4 10V&
Federal Oil 5 8 5H
Inter'Pctrol 13 14 14
Houston Oil 22 23
MONEY-LENDING RATES
M:w OltK Money on call opened 4
per cent high, 4 '4 , low. 414, last, i't ,
closed. 41,6 4'4 Ruling rate, 4 per cent
Time money was C per cent bid for nil
maturities from sixty das to six months.
This quotation was for loans secured by
mixed collateral On all Industrial loans
the rato was from B14 to B14 per cent.
Ineligible acceptance bills were quoted at
4 05 per cent and ellglbles at 3 l-lSQiSU
pe? cent
PHILADELPHIA Call, 4 per cenL
Time, 4 5 per cent. Commercial paper,
three to six months, 444 per cent.
DANK CLEARINGS
Hank clearlnza today, compared with cor
rooondlnit day laat two jean
1017 into 1015
Philadelphia SAl.MJ .101 141,514,007 20,8i7,011
I'naton . 41 10- 7M 37.283.178 L"I.100.87
New York 812,8119 070 480.112.108 011,268.1 80
Chicago . 80 800,185 fi0 8U5,88 80,818,031
HI Ixmll S3 303,863 10 001 530 , .. ,
Extra for Mahoning Coal and Railway
NEW YORK, June 13. The Mahoning
Coal nnd Railway Company has declared
the quarterly dividend of J 6 a share on the
ommon stock, payable August 1 to hold
era of record July It and an extra dividend
of MB a share on the common, tKe regular
semiannual of 2 Pr cent on the preferred
stocks. The latter two are payable July
to holders of jfeoord June. 23.
K V JeiSlJN a . iiJbUUiJJtt it
INli:n:vni:.T OH, STOCKS Continued
Yps rlo.
Hid Ankcd (Slip)
Merritt Oil 2024 31 20y,
Midwest Refining 131 131
Met Petrol I ly, ..
Ohio Fuel 18 20
Oklahoma Refining 1014 10 10h
Osago Hominy 8Vi 8 8
Rico ,', ,',
Sapulpa Refining 0V4
Secp'ovah
Sinclair 31
Un West Oil 4
MIMNO STOCKS
Aliska Stand ird 31
Atlanta ini,4
Rig I.cdgo 2y,
Ilisbeo Copper (a pros).. V4
Iltltto Copper & Zinc . . 12")i
Iluttn New York . . . . 11',
f'nl & Jeromo 1 J
Con Ariz 214
Fmma Consolidated .... 1
First National 31',
Cloldflold Merger fl
Ooldfltld Cons 83
(loldflcld riorenoe 30
Coldfleld Kowanas 14
Green Monster i,i,
Hccla Mining 8
Hone Sound 814
Independence Lead 11
Jerome Verdo iy.
1 1ft
33 33
40 38
1IV4 13
3 3
Vt Vx
13 13
114 .
mj iy,
3, 2ft
1 1V.
.
7 7
81 81
21
10
1 1
8 ..
0
13
m iy,
80 78
38 38
1 U
ri so
47 40
29 28
Jim Butler 71
Jumbo Uxtenslon 30
Macnate )J
McKlnley-Darragh ,10
Magma Coppci 44
Mother Lodo 28
Mines Co of America. ... 1
Nevada Hills 21
Nov ada Wonder 1
Nlplsslng 7 if,
Ohio Cop 1 fs
H4
27
iy.
7
1
4
18
0-32
2
40
08
"i
7
1
tiny jiercuioa 3
sin Toy 10
Stewart
Tonopah Kxtcnslon 2
United Verde 39
WeBt End Con 01
White Oaks 3
White Caps laj
Ycrlngton 30
noxns
American Smelters Cs... 93
Atlanta Charlotte Cs .... 07
Ilethlehem Cs on
Cosden Oil Cs 102
Cosden ft Co Cs 08
Cudahy Cs 08
Erie Cs 07
New Haven Cs 00
Russian Government C'js 71
Russian Government Gs 80
Southern Railway 5s . 07
Sinclair Oil Cs 04
Todd Shipbuilding Cs 101
N Y State 4s 103
V4
2ft
39
It'
30
31
03
08
08
101
00
100
07
07
72
81
07
07
102
100
08
FOREIGN EXCHANGE
NEW YORK. Juno 13 The foreign ex
change market today In tho main was
easier, although there was no particular
feature to trading Ruble checkB wero 23 50
and cables 23 CO.
Quotations were-
Demand sterling 4 75ft, cables 4 76ft,
sixty-day Bterltng bll s 4 72, ntnetj-day ma
turities 4 70, both being nominal.
Franc checks B7414, cables 5 73.
Llro checks 7 05, cables 7 04
Swiss checks C, cables 4 99.
Guilder checks 41, cables 41ft.
Ruble checks 2350, cables 23 60
Pesetas chocks 23 35, cables 23 CO.
Stockholm checks 30, cables 30 20
Chrlstlanla checks 29 1C, cables 23 35
Copenhagen checks 28 60, cables 28.80
HoIu Up Railroad Dividend
NEW YORK, June 13. Upon application
of Samuel H. Halperln, rt stockholder of
the Delaware and Hudson Railroad, Justice
Ford has granted an order to show cause
why an Injunction should not be Issued to
restrain the Delaware and Hudson Com
pany from paying any dividend payable on
June 20 to stock of record on May 28
The application was made by Thomas II.
Brown, as attorney for the stockholder
Charles A Walker, treasurer of the com
pany, accepted service for the company
Ths order Is returnable on Monday next
3
JtHJjAJLi2jLiliiA, V viiDxaoDA Y , J UJjj-
New York Stock Sales
Net
High. Low. Close, ehia
Alaska CJoId M.... H BVi W "4
Alaska Juneau ... Mfr IH
Allls-Chnlmers Co. J0V4 2H 20V4 W
do pref koh 80 ""
Am Agr Chem ... 0.1 D3i 0SJ4 11
Am Boct Sugar. . . 07 ofl oo V
Am Can my, boh rto'4,
do prof 111H II H4 HIH
Am Car & IMy. . . is 74 V4 74V4 V
Am Cotton Oil.... 4 Hi 41i 4 1 V4 Vi
Am Hide & L. ... un isvi IS'. V
lo )fd 01 am 01 V
Am Linseed s 24 ti
Am Locomotlvo .. 7874, 7.1 73V4 V4
Am Halt UV4 IS 114 1
do pfd 01 fJOH 1 W
Am Smelting
1114 108 111 24
38 34", 31 yi
73V4 72 72
123 121 123
122V4 121 121 14
Am Sum Tob Co
Am Stl Fdy . . .
Am Sugar ....
Am Tel & Tel .
Am Wool .. ..
87 80 86
do pref 0D4
00 00 ...
Am Writ Pap pref 48
45 41 -p
Am Zinc & Lend.. 33 32 31
Amconda 88 81 81
Atchison 102 101 102
do pref 07 07 07 .
Atlantic O & W I 110 112 118 3
H.ililuln Loco Co. 07 00 07 1
Hallo & Ohio ... 74 73 73
llarrett Co .... 120 120 120
Hatopllis Mining 1 1 1
llethlohem Steel .157 133 153
do 1J 188 183 153 f-l'U
Hrookljn R T ... 00 00 00
Hums Uros 103 101 102 1
Ilutte & Sup Con.. 40 45 4014
cal Petroleum ... 22 21
Canndlan Pacific. 102 102
Cal Packing Co... 38 38
22
102
38
08
00
01
11
31 1
( entrnl Leather.. 00
Chandler Motors . 00
Chesa & Ohio . . . 01
Chi Great Western 11
do pref 31
Chi M A St P. . , 701.
08
00
00
11
31
78
70 1V
do pref 110 110 110
Chi & Northwest. Ill lion. 110
1 hill ( oppcr .... 23
Chlno Coh Copper 01
Col Gas & Ulec . 41
Col & South . . . 27
Consol Ga3 108
23
00
41
27
108
!3 V
00
41
27
108
"33
104
Corn Products ... 33 .12
do pfd 104 101
Cruciblo Steel ... 82 80
83 2
do pfd
107 107 107 1
101 1111 103 1
Culii Am Sugar .
Cuba Cnno Sugar.
do pfd
Decro Co pfd . . .
Del & Hudson .
Denver ft R G pfd
Rnmo Mines . .
I'lsllllers Secur . .
Kilo
do lrt pref . .
do 2d pref . . .
Klk Horn Fuel .
Gaston Williams .
41 41
1)2 113
09 0')
41
02
00
108 1
17
10
23 4-
30
30
30
109 107
17
17
10
31
20
30
30
30
1i
10
32
20
30
30
311.
33
31'(
12
Gen KIcctrlc.il Co 10.8 102
103
110 4-2
General Motors .111 107
Goodrich 11 F . .. 8.1 51
do ptef 100 100
Gt North pref . 108 108
tit Vol til Oro subs 11 31
Gulf State Steel 137 137
61
-1
100
108
31
137
101
0114
9
Illinois Central
Inspiration Cop
Interb Cons Corp
lnt Mer Mar
do pref
Internl Paper
do pref sta
lnt Nickel
Kin City South
Krnneentt Cop
101
01
. 0
2'l
81
41
70
41
21
101
01
0
37
80
41
70
11
23
38
83 2
42
70
11
22
47
102
01
48 -f 0,
103 .1
41
18
01
0
30 1
68 1
68
47
I
Lnck Steel 101 103
Lehigh Valley . 01 01
Max Motor . 48
Mex Petrol .. 103
Mliml Con Copper 41
Mlnti A. St L new 10
Mldvale Steel .. 01
Mo Kin & Tex . . fl
Mo P.ic w 1 20
do pref w 1 88
do full paid . 88
48
09
41
18
01
0
38
67
88
Mont Power pref
Nat Ill'cult
113 111
13
100 109 10914
41 41 41
Nat Kmm & Stpd
Nat Lend . 87 67 67
Nevndi Con Cop. 20 2.1 25
N Y Air Drake 162 110 150 3
New lorlc Cent . 02 02
02
V Y N II & II . .10 31
Norf X West 120 121
Northern Pacific 101 101
Nova Scotli Steel 07 00
Ohio Gas . . .139 138
Ontario Silver .,. 0 5
P.icinc Mill . . 29 28
Penn It It . . . 51 ,63
Peo Gas & C . . 71 -73
Pere Mirquctto ct 30 19
P C C ft St I. 73 71
Pitts (L West . 30 30
do pref . 04 01
Pitts Coil ctfs .13 80
PrcsFod Steel Car 79 78
30
131
101
07
130
0
2
1
28 1
83 .. ..
73 4-1
10 4-
73 4-
30 4-1
04 4-2
51 4-
70 4-1
Pullman Pal Car 141
Ry Steel Spring . 80
Ray Con Cop 30
Heading . . 09
Hep 1 ft S . . 03
Hojal Dutch .. .64
Saxon Motors . 41
St I. ft S F prof . 30
St L ft Southwest 30
Sinclair Oil . . . 84
Seaboard Air Line 1 1
do pref ... 20
Savage Arms .... 89
Shittuck Ariz . 37
114 144
60 60 4-1
30
00
02
03
4 1
30
SO
51
13
28
87
27
00
01
03
27
80
47
101
7
10
10
210
20
68
01
12
30
08 4-2
03 4-1
04
41
30 ....
30
64
14
20
80
27
01
01
91
28
1
4-
1
4-
1
Sloss-Sheft St ft Ir 03
4-2
4-1
4-
4-1
do pref . 01
Southern Pacific . 01
Southern It It . . . 28
do pref 68
Superior Steel . , 49
do 1st pref . . .101
Studcbiker . . 82
Tenn Cop ft Chem 17
Texis ft Pacific 10
Texas Company 210
Third Avo R It 20
Tobacco Products 69
Un Hig ft Pa new 03
Un Hag ft Paper 12
57
4-2
48 4-1
101
82 4-2
10
10
210 4-1
20 4-
69
91 4-2
12
Union Pacific .. 138 137 137
do pref 70 70 70
United Alloy Steel 47 40 47 .
United Clg Stores 106 103 100 4-3
United l'ap Board 30 20 30
United Fruit ....130 135 130
Un Rwy Inv ... 7 7 7
U S C I P ft F . . 22 23 22
U S Ind Alcohol.. 171 100 168 4-2
U S Rubber fll 60 01
U S Smelt & Ref 01 01 61 4.
U S Steel 134 133 133 4-3
do pref 117 117 llllt 4-
Utah Co'pper ... 110 115 110 4-
uian reu vorji .. zu'fe
20 20 4-
43 43 4-
68 08
12 12 Vt
40 60 4-1
20 20 4.
20 20 M-
03 03
B2 03
17 17
128 128
68 68
14 14 4-
32 33
40 46
28 20 4.
81 81
71 71
Va Car Chem
43
08
ltVm
50
20
21
Va Iron C & C
Wabash
do pref A . . .
do pref H
West Marland
West Union Tel.
04
WcHlnghouso Mfg 63
West Pac R R ... 17
Woolworth . 128
Worth P & M pr B 68 'fc
Wheel ft L 13 14
W ft L K pref 82
Whlto Motors
47
20
61
72
Will s Overland.
Wis Central ...
Wilson Co
Total sales, 1,238,700 shares, compared
772.558 sham interdayi Uiua far thla
2,074,200 shares.
with
wrtk,
LIVE STOCK QUOTATIONS
CHICAGO, June 13 HOQ.S necelpts, 20,000.
arkets ateady to lOo nlgheT Mixed n.l
butehera 114 70(715 75
good heaw 11 J
11751 rough heavy 114 701,10
Wl.vlq, plga, 416014 1.1. bulk
C,ATTLK:--Ilecelpta 18.0W Ma
14 7041.1 B5, light 114
IK I14MIOI5
Markets mtaAv
annus ig" .iV.7 owwio,u, con, and
heifers 110 30917 21, atockera and feeder.
7 4iljlono, Texana, I0 83912 33, calves
9 7B914.70. -ik,
SIIEtlP necelpts 0000 Markets strong
Natlva and western. 18 50911 10, Ixmba, IB.fo
915
NEW YORK BUTTER AND EGGS
NEW YORK. June 13. ntJTTER-Jtecelnta
13847 tuba. Fjsy. Higher aeorlnr, 18 O
89ci eitraa. 38e: flrata. 37 OSsiiei aee.
onds. 83987e, Stat dairy, 88988c.
BOOS Receipts. 22,001 caaea, Unsatded.
Extras. 8298e, atorago. J1O320. "xtra
flrata, l85oi flrata, aosaOM e, wllt.T' isvVtf
85c, brown, 83081c; mlxtd color, 10632 c
Sales in Philadelphia
Net
Illsh Low Clooe chae,
100 Beth Stl B 163 153 1BS
B II ft S t C. 61
Bl
61
0 Catawtssa
1st pref. 81 61 Bl
60 Klco Stor . 63 63 63
610 Krlo 28 28 20
2600 Lk Sup C 21 26 20
28 Leh Nav . 77 70 77
85 Leh Vallev 63 63 6
10 Ncv Cons. 20 20 20
207 Pcnnn R R 83 63 83 .....
100 Pa Salt M. 07 07 07 1
10 Phlla Co , .,
cum pref 38 H 38 U
283 Phlla Wee 80 20 20 .....
140 PUT tr Cfs 29 20 29
1028 Reading .. 08 00 08 4-2
10 So Rwy 28 28 28 1
820 Ton Del 4 4 4 --
40 Union Trac 42 42 43
1111 Un O Imp. 78 77 77 4-
1204 do War 27 26 26
0361 U S Steel 134 132 133 4-3
13 W Jer ft S 40 40 49 1
Tntnl ale. 17.817 eharen. rempiml with
11.000 nharM jmterdari thus far thla etk,
41,287 ulinre.
no.NDS Net
High. Low. Cloae chge.
54000 Con Trac N
J Cs.. ,100 100 100
3000 City 4s '67 100 100 100
1000 do'41rcg.l00 100 100
1000 do 1939. 100 100 100
10000 Klec ft Peo
Tr 4s . . 80 70 70 1
3000 Cault 111
Gas Cs.
101 101 104 'A
lOITi
2000 Lake Sup
Inc Cs , 47
6000 Leh Nav
cons 4 'is 09
0000 Lehigh Val
cons 4s
2003 . .. 0D
1000 Pitt3 C C ft
St L 4s
Ser B ... 100
2000 Fonna Co
temp ctfs
4s 03
1000 Phlla 13 cc
4s . ..00
42100 dolstCs .101
1000 Read-Jcr
Cent 4s. 01
6000 Span-Amcr
Iron Cs lot
40
00
47
09
09 00
100 100
05 05
00
00
100 101
91 01
101 101
Tntnl naif
$00,100. compnrrd with S38.GOO
j-psterdnji tliui fnr
1 11 1 wrr, fiidn,iuv
Local Bid and Asked
Yesterday
Hid Aeked
American Stores ...
HnMnln . .
1 (rt 1 1 I (
Hurt tt "iuaci t c
do pref .
Klcttrlo Mnrano .
Gem rnl Anphnlt
do pref
KejMnne Ti lephone
Lake Huprrlor orp
I.ehlsh NnUlMllon
Lehigh Inllo
Lehigh Valley Tr .
do pref
FrnntoKnnln
l'hila lllortrlc
Phils. Company
da 5 per cent pref
do 0 per rtnt pref
Phlla It T t c
Heading
lonopnh ivimont
Tonopah Mining ..
I nion Traction
t'nlied J Imp
t'nlted Stnlen Steel
York Hallway
do pref
Win t ramp t c
.inii 3'i
no
21
r.i
r.o
tttli
2!)
61
04
02
U
20S
77
014
22J4
4JVJ
ia'4
.10
34
30
30
204
IMl'.
4U
'.
42",
0V4
20
60
11
20
7'l
4.'
61
204
.11
28
38
20 'I
llVi
4'4
l'i
42
V
4
77
linS lin
12V4 11
37 17',
81 83
New York Bond Sales
High Low
111000 Amer Agr cv Bs . liio'i -00
IdiKio Antlo Trench 6a IM I'J
1100(1 Am Fbrtlgn Sec Ca V. V ',
14IHII) rtmer Tel 5a Oil l)8
l)ii(M) Armour Co 44 a 1)04 DO
lnoiMi Atchison gen 4i DO'a Mi4
.oooo lKllo & Ohio 34a lid', on
(WOO do 5a . . 07 DOS
7000 do ia Ml BjVi
illiiii) do cv 4' a M)'i 8J
jooo Ileih Steel lat Cs lou loo
liiui) do rfd 5s li"4
310(10 Ilronkln II T 6s 1918 08 OS
.Mini) Bordeaux fla 0.14 0j'
1000 Cent Leilher 1st 5s . Vl VV
I'llillO Clles & Ohio c 6 84 '
Kind Oil tt Nun a f 5s lot 101
1000 Uil Un Sta 4'js 04 HI
.moo Chi II ft Q Joint 4s. . !i."(. UJ'4
llooi) do gen 4j b4 no',
40JO do m 4l . . U"'4 IPV4
1000 do Neb 4 . Ul4 1114
10001) C VI St V St O .'is WON llll
11000 Chi It I & 1 rfil 4 . "J 7.'
loooo do Hta 6s . 71 71N
7001) do 4s 80'4 80'4
Today
Hid Aeked
31VI 31',4
I n4 07
21 20
n 05
L"4 nVi
JO 22
(10 02
II 11
J(l 21
7fl'l 77,,
ni, 01'i
4J 4.'4
r, 1 mvl
so4 on
J1 34
, 30
3S .10
20 V4 30
1)0 U94
4'4 41.
n4 (.
42 424
77 77,
1.114 131
11 14
S0T4 17'i
SI 87'
Closo
10OU
01
UIV4
HI)
W
110
1111
0
M
80
100
IUI
118
03
Oil',
884
1114
04
111
80 1.
01
1114
0(14
7J
71
80
lll'l
100,
07
71
69
04
64'$
01
1014
81
87
III
01
01
ion,
80.
100
J
01
01
RJ
60
00
01)
100
iiiuu 1011 uas c (is louu ioim.
.0110 luoiii Am sugar Da
1000 Del & Hud cv 5s
jooo lAn & Ulo Or 4s
200(1 do rfd 5s
7001) JDis Pecur Corp 5a
liioo Lrle c 4a Ser II
87000 French Itepub 5V4s
loon cipn Illen tieh flu
OOOO Hock Val 4'4s
1000 III .steel deb 44a
7000 Intern Mit 4 a
4000 Interb 11 f rvf 5s
0000 Inter .Mer Mnr 6s
looo Internl I'npcf 6s
1000 Ijickll Steel 6s 1023
31000 do 5s 1010
lOlll) I.k fahoro deb 4s 10
100. 10(1',
D7H U7T4
71 71
no r,
04 01
6 4 '4 .11',
no a no
101 101i
81 M
87 87
(11 04
I lUJi
!-
Dlft
110
mi"!
v 1 a vi y.
IllO'i
ll'l. OH1
1011 10(1
11 1 ,
8000 do 4a 1U3I III
Ill
11 1
hi
BOJ4
0(1
III)
1110
8000 Midi ale . UK
Kino Mich Cent d 4s hj
.0011 Minn 6. tit L 4a MIU
8000 Mo I'nc w I 4s 00
.'0(10 Vlontnna Power 8s no,
rood Nat Tube 5s 100
7000 N Y C & H 3V4a . 7l"'4
3R000 do fls . . . .10-,'J
1000 do 4a NOV.
(II
10V4
7V
Ml.
01
1.100O do 4V4a . . l'i
Otl
01
III'
111
lnlil N V ('hi A It I. 1st 4a III
51100 N Y City 4'. a 1001 . !)'
10000 do 4'. s inno 119
1000 do 4 1001 lOJl
r.OIIO Aa 41a 1001 10 'V
00
110
111!
VII
OJ 10J 10.'
OJ lO.'U 10J
0J lO.'l-J 10J
nooo do 4 a May 1057 10.!
1000 N Y Ohs II It V 5s ON'4
10000 Norf tt West 4s h1i
Jooo Nor I'nc gen 3s (I.!1
2000 Oro Short L ref 4s K7
1000 do 1st 0s 104
looo Pacino Tel 6s . 00".
1000 Penna 4s 104S 04.
100OO r Ben ct 4s 01",
r.ooo do en 4 a 10j
10000 Reading gen 4s 01
8000 Ilep I It H 6a no't
looo at l . a r in cs 40V,
4000 do Ser A 4 s 01
1000 Peaboard A I. ad 6s 01
nono south nn r,s 07
1000 booth Tnc 4s 7S
3000 do cv 4 s 82
11000 do rfd 4s .. 80
1000 do ci 5s otm
rnon South Itwv gen 6a 08
MOO Teas Co cv fla 101
inno Third A ndl 6n 41
K.onn u R Itohber et Bs R7
7000 do Ss 101 .
OH '4
80
0.'
Tm
ST
104
11114
044
Vi
10.'
fll
uv
mid
104
004
9
014
102
111
mi
40
fll
fll
07
78
111
At
07
78
82
80
nn
08
102
ail,
87
n
5i
00
102',
41
87
101 1
iniv.
ti-ooil II H HieeJ 0 r 5a.
1000 t'nlon Tip 1st is
loono U K o n 6 I 6a '18
nsnn do RUa into new
innno fl, fit, join . .
?nno Vatm lt 6 .
inno vest d lei 4s . ..
3000 West Union Ba ..
in 104,
ioji4
Ml ,1
osa, nnA,
ooi nnn
nn n
!0o, inn
70 70
08 08
fl,
ooa,
nn;
on
inn,
70
OS
Tntnl sales. 3.3 17.000, rompared lth K2 .
402.500 jestenlnyi thus far Ihli wrik" 0,853;I
DIVIDENDS DECLARED
Sloss Sheffleld regular quarterly of 14 ner
cent on the preferred, payable July 1 to stock
of record June 18
Certain-Teed Producta Corporation SI 73 on
both the first and second preferred atock both
pa) utile Juls 1 to stock of record June 20,
Northwestern Yeast Company, regular Quar
terly of 3 per cent and an extra of J per cent
both pa) able June 15 to atock of record June 12
General linking Company, regular of 1 ner
cent on tho preferred stock payable July 1 to
atock of record June 10. ""y ' 10
New York, Chicago and St Loula regular
..mlnnnlial nt VU tlM. pint .n ,K- SM,n
ferred atoclt, payxblo July 2- to stock of record
Juno 20
Regal Shoe Company regular quarterly of 11
per cent on the preferred stock, payable July 2
to atock of record June 21 '
Nw York Central, regular quarterly dividend
of lli per cent, payable Auguat 1 to stock of
record July 1)
Transatlantic Trust Companj. semiannual of
3 per rent, pajable July 2 to atock of record
June 30
Cleveland, Cincinnati. Chicago and St Loula
regular quarterly of 1 per cent on the pre!
ferred atock. "
Canada Southern regular aemlannual of 1
per cent, payable August 1 to atock of record
Detroit River Tunnel, regular semiannual of
j F racent' Pabl Ju,y 14 to atock of record
Michigan Central regular aemlannual of 2 per
cent payable July 28 to atock of record June 20
Safety Car Heating and Light Company" r.
ular quarterly of 2 per cent, payable July 2 to
atock of record June 15
Northern Statea Power Company, regular
Tnf,
20
30
a
:r::i.i-'i,rr. i it . ... .; .". i,","?"i
payable July 16 to stork of record June 30. a
regular quarterly of l, per cent on the coi
mon, payable July 20 to atock of record June i
."wk,
record June
DAR SILVER
LAit 1917
N.w York taW!.!t YtSl Wi(S
london (panca) ,,.,. 89jV th 88 8?r n
LAICE SUPERIOR STOCK IS ACTIVE,
GAINING IN LOCAL MARKET TRADltfj
Bulk of Business on Philadelphia Exchange CenfoJ
r
in United States Steel Common Majority fl
nt DiinoB Wirrlipr l
More activity was seen In Lake Superior
Corporation stock on the Philadelphia Stock 4
Exchange today than has been the case for
some tlmo There was a demand for tho
stock as soon ns trading started, and this
demand carried tho price up until It was
up almost a full point ns compared with
the closing of last night Much of tho
bulng of tho stock was In odd lots, Indi
cating that It was being picked up by small
traders No news camo out ns ft reason for
the buvlng of tho Block nnd tho Street gen
erally looked upon the bujlng ns tho result
of tho large demand and nctlvlty In United
States Steel common which was present
both hero nnd In New York all through the
day
United States Steel common easily over
shadowed everything else on the list, nnd
It got back Into old-time form as n market
leader At one time It showed a gain Of n
frnctlon more than 3 '4 points This was
the result of the action of the board of
directors yesterday In declaring nn extra
COTTON ADVANCES
AFTER EASY START
V4
Early Drop, Caused by Liquida
tion on Lower Cables, Is Off
set by Renewed Demand
NHW YORK. June 13
A sharp drop In Liverpool cables before
tho local opening caused declines of 2 to
22 points In first cotton prices this morn
ing, but these were quickly recovered nnd
nt the end of the first ten minutes the mar
ket was selling about 10 points over tho
previous close
The nbsence of any broad speculative
trade was seen In the vvldo range of
fluctuations between sales In some cases of
B to 10 points
Liquidation on tho opening call was fol
lowed by a renewal of rade buying and
a demand from n New Crleans Interest,
which, meeting a sudden scarcity of calls,
had a very strong effect on the markot.
Tho weather was generally favorable
over the belt .although lower tempcrnturcs
nro looked for In the southwest In a day
or two
The early ndvonco carried active months
33 to 36 points net higher with all positions
making new high records for tho season
Julj contracts sold up to 2B 25 and October
to 24 70, while March deliveries sold at
25 12
Contracts were scarce on this advance,
becnuso of continued buylns attributed to
tho trade and covering by early sellers.
However, offerings Increased during, the
mlddlo of tho morning nnd prices broke
several points nfter 11 o'clock
In the afternoon tho market turned a lit
tle easier and the closo was from 8 to 35
points higher
It Is reported that 1S00 bales of cotton
nro being loaded at Savannan to come to
New York for delivery on contract Pre
dictions nro made also that there will be
other shipments.
ill
YeB close
24 02
J4 11
. 24 .11
. 24 60
24 70
. . 25 00
Open.
24 75
24 20
24 32
'.'4 40
24 70
High
2130
21 00
21 14
25 15
25 28
Low
24 70
24 15
24 1.'
24 40
21 09
Close.
21 00
24 70
24 Kn
24 RO
21 OS
25 5.1
Julv
October
December
Tanunry
March ..
fapot . . .
SECURITIES AT AUCTION
The following securities were sold at auc
tion today by Uarncs & Lofland:
Mortgage 0en by Thomas Clement to
Joseph P Petit dated May 18, 1B04
recorded In Mortgage Hook IV S V ,
No 140 pnge 130 etc . to secure prin
cipal sum of 114,000 with Interest nt
4 per cent per annum upon premises
Bltuatn at southwest corner Klftj-fourth
nnd Vt'jaluelng streets, Thlrtj-fourth
Ward Philadelphia, front on Klft
fourth Btreet 30 feet 11 Inch's depth
along Wjaluslng street 85 feet 0'4
Inches 1400
Bond and mortgage I'or 131 000 dated
March 12 101.' coerlng undltlded
three-eights Interest In Section .'H at
Longport, N J , subject to delinquent
taxea ... 13000
STOCKS
100 shrs Standard Cast Iron Pips and
Poundrj Co preferred, par tlOO 10
50 shrB standard Cast Iron Pipe and
Foundry Co common par $100 1
6 shrs Central National Hank, par (100 410
7 shrs Central National Hank r-.r 1100 418
50 ahrs l'ourth Street National Rank.
par 100 . 205
21 shrs Robert Morris Trust Co , par
1100 . A3
14 6-10 rights to suhscrlb to United Oaa
Improvement Co 9 110 . 204
7-10 right to aubBcrlbo to United Oas Im-
proement Co 110 20
5 shrB Oerman Theati Realty Co par
S10 34
12 ahrs Southwestern Market Co. par
10 25
17 Bhrs Mill Creek nnd Mine Hill Navl-
gitlon and Hnllroad Co , par 121 60
80 ahra Peach Bottom State Mlnlni Com
panv I,ot $1
2 shrs Karmera and Mechanlca Na
tional Rank par 1100 110
4 ahrs Penn National Hank par f 100 333
80 ahra Philadelphia National Hank par
1100 . 475
7 shrs Philadelphia National Dank, par
lion 471
2 shrs Darby Rank, par 110 53
5 ahra Commonwealth Title Insurance
und Trust Co , par 1100 234
25 shrs Kxcelslor Trust and Saving Tund
Co par 110 . 01
3 ahra Fidelity Trust Co (1600 paid) 5S0
10 ahra Holmesburg Trust Co , par 110 02
74 rights lo subscribe to Provident Life
nnd Trust Co 4 1100 330
7 ahrs Real Lstate Trust Co preferred,
par 1100 . . loo
25 ahra Philadelphia Life Insurance Co ,
par 110 , io
2 shrs Scranton Life Insurance Co , par
110 0
8 ahra Second and Third Strecta Paa-
senaer Railway Co 233
8 shrs Philadelphia Oermantnwn nnd
Norrlstown Railroad Co , par 130 142
7 shrs Philadelphia Warchouso Co , par
J10O .. ... .120
4 shrs Vulcanite Portland Cement Co ,
par 1100 .... 80
10 ahra Mutual Trust Co ... 80
4 shrs Philadelphia llourse 7
BONDS
S28000 Martlnaburg and Charlestown (VV
Va ) Oas and Water Co , 0 per
cent Klrat mortgage. Coupons
January and Jul, Due 1030 Lot 1000
2000 Lehigh Valley Railroad Co . II per
cent Consolidated mortgage,
COUDOna Juna and l)eremhr
MI",
111
l
n,
40'i
uus ivta
100 Electrlo and People's Traction Co .
4 per cent "Stock trust ' Reg.
Istered. Interest April and Oc
tobor. Due 1045 .
COO City of Philadelphia 3 per cent
Registered Interest Januar and
July Due December 31. 1921
600 Borough of West Homestead, 4 per
cent "Municipal building and
fire protection " Coupona Jan
uary and July Due January 1,
BOO Borough of 'Weat Homeeteaj, 4 per
cent "Municipal building and
fire protection " Coupons Jan
uary and July Dua January 1,
1000 (1500) Borough of West Home
stead. 4 per cent. "Municipal
building and lira protection '
Coupona January and July. Due
January 1. 1022
1000 Bergner It Bngel Brewing Co 0
per cent Flrat mortgage Cou.
pons January and July. Due
1021 ....
2000 Montgomery Transit Co 6 per
rent First refunding mortgage
Coupons June and December
Due 1049 . .
1000 Wlldwood Klectrlo and Traction
Co . 8 per cent Sinking fund
Coupona April and October. Dua
1938
Brown Brothers & Go.
Fourth and Chestnut Streets
PHILADELPHIA
Commercial Letters of Credit
For financing purchases of merchandise In the United
States and nbroad, Issued In Dollars, Sterling and Francs.
, and
30.
dividend of 1 per cent for the Red rwlBft'
and the announcement that nn t...? .Vroiaaal
aTprirr I? ct u
iMi1 cx,ra Thls cara sssa&j
,.ii.iu nm m.iiKci nn ft whole tr.
broad during the morning session It J!?JI
ened out moro In tho afternoon va;.M1
were, seen In the majority of ..''?
though somo stocks were Inclined l i M
back, but those which did no ln ,nhl",,!
the general list generally were at the. S -""?
flguro of last night. A new w C
jvm i i IVJUV.HVU uy , ainWlSSI fir.f
ferred, which boM off 2H iolnti i StM
United pasDl,mprm?ntMCorany'
omnanv ..
v anced In tho afternoon
Tle warra.,.!!
were qulto nctlve, coming next in , ft,t'
Superior In point of business ,fr,'
local Issues wero concerned The ie...,h
did very little. Philadelphia naV?2
iruni ccmiicaics noming around ,.,"" i
Ing of last night, while Union Traction l
unchanged. mon n
NEW YORK COFFEE MARKET
NEW YORK. June 13Tho mttk,
coffee futures opened unchanged this me.
Ing Trading on tho call ruled wa
quiet, with sales amounting to ESOO fc.i
today's Yen... -. -
opening.
June
close. X"n-
Tiifl
eff. -
July 7009701
7 Kluiit
Auguai
September. . 7 0898
McioiTer, .
. ... 7 0707 0, SS.2.2!
.oemoer .. ... 7n?o...
December.. 8089810 80nsbl EE.S'M
January an-. 2 xi ?nSOM
enso
8ll
l-'ebruary ... . snwaV, 2 ,Jg8-l
V"h 8 2298 20 8 10W8 5 2 i?22 '
8 21R32 flS'SJ-JJ
Mil
O .lli N 7 Q.iXl"'
f8.!5
LOCAL MINING STOCKS
TONOPAH STOCKS
Did
22
12
20
10
25
MacNnmara .
Midway .....
Montana . .
North Star .
Rescue Hula
OOLDFinLD STOCKS
Atlanta
Blue Bull
Booth "
Dlsmondfleld II II
Daisy ,
Oro
Sandstorm Kendall
Silver rick
MISCELLANEOUS
Arizona United
Nevadi Hill
21
1 no
Nevada Wonder
Tecopa Mining
OoNFiPmET"
Sr Company
AUTOMOBILE BANKEB3
Offer special facilities for In
dlvlduals or nutomoblle deal
ers to finance the acquirement
of pleasure cars, for business
houses to finance the acquire
ment of commercial cars or
trucks If ou are thinking of
purchasing n car of any kind
S,JJny Purpose tho FINXKY
SYSTUM will make a better
business transaction for jou.
REAL ESTATE TRUST BUILDING
PHILADELPHIA
"Bond Talk"
Contnlns news nnd reviews
of public utility companies
SEND TOR BOND TALK "L "
F.WERWKS&v7.
INCORPOBATED
Stock Exchange Bldg., Phila.
n itixnivi: Niiitsritii'Tinss. with,
out shiivici: ciiiiMii;. inu
U. S. LIBERTY LOAN
The naviland-Armsfronn Co.
1118 WAI.M r ST..
rmi.vnr.i 1'iiiv
NPVV lORi;
HUSTON
Price Ranges
at a Glance
Have you ever wanted
quickly, important in
formation on the recent
market fluctuations of
stocks you may have in
mind for investment?
The high and low price
ranges for May for
the five months of 1917
and for the year 1916 on
Mining, Oil and Indus
trial, stocks traded in
on the New York Curb
are given in handy ref
erence form in
Booklet 50G-T. U.
Send for it.
1004
JONES & BAKER
STOCK I1ROKF.IIS
Widener Bldg., Philadelphia
Bell. Walnut 11,00-1.
Keystone, Raca 2.'00,
New York Iloiton
Chicago ' Pittsburgh
Direct Private Wires.
70
07
05
JONES & BAKER,
Widener Blda., Philadelphia, Pa,
You may aend ma your booklet 600 T, If.
Nam .....
Addrest
05
05
City
Slate
70
87U
niltECTORY OF ACCOUNTAriTS
IIURN8 4 8PKAK11AN
TUB HO U USB
63
I
s!-i
.71 ,
.11 '
1,
41
l.
04 j
.01 )
,01.
.01
.11
1 ,
11 1
.30
I
i