ypj!iwfMww "rP?! ,;t S I r ' ' . I CHICAGO, MILWAUKEE & ST. PAUL RAILWAY GENERAL & REFUNDING & BONDS "; JANUARY f, 2014 I ' I K . - , PRICE, AT THE MAnKET, TO NET AOOUT 8.30 REILLY, BROCK & CO. BANKERS J rUILADELl'lITA , , J I. .1 EVENING LEJDaIpR-PHiLAIjELPHIA,, MONDAY," JUNE 25, 3L7 FINANCIAL NEWS, GENERAL STRENGTH SHOWN IN ACTIVE ISSUES ALL THROUGH DAY IN WALL ST. Manner in Which Several Groups Respond to Buying Orders Regarded With Satisfaction Interest Centers in Railway Shares on Belief of Rate Increase New York Stock Sales High Points in Today's Financial News Stock market was generally strong throughout the day. Scvcrat groups responded to buying orders. Curb market active, with irregular price move ments. Wheat lower and corn higher. Cotton advanced after starting easy. Philadelphia bank statement showed decline of $15,531,000 in individual de posits in week. Fourteen million six hundred thousand dollars more gold arrived in New York from Canada. Bar silver unchanged. Pennsylvania Salt Manufacturing stock placed on 10 per cent dividend basin, against 8 per cent heretofore. Philadelphia Company May earnings good. Tax Free in Pennsylvania W. own and offer Citr of Philadelphia JH ""I 4a, various maturities Lehteh Valley R. R. Central 4i. due May, 200 Lchich & WUIcei-Barre Coal Consolidated 4s, due June, 1925 Metropolitan Electric of Rnadinf First Ji, due April, 1919 Pennsylvania R. R, Consolidated 3s, due September, 1919 Pennsylvania R. R. Freight Equipment 4s, due June, 1920 Pennsylvania R. R. Fr't Equip't i'A; due Apr., 1919-22-23 Phila., Daltimore & Washington First 4s. due November. 194) Philadelphia & Reading Cohsolidsted 4s due March, 19)7 Philadelphia & Reading Improvement 4s, due April, 1947 Pitta., Youngttown & Ashtabula Genersl 4s, due June, 1948 West Penn Power First St, due March, 1948 Yielding 3.95 to 5.20 Details on Application, TheNationalCity Company 1421 Chestnut St, Philadelphia New York Chicago San Francisco . Boston Pittsburgh PENN NATIONAL BANK RED CROSS DIVIDEND The Board of Directors have declared a special divi dend of one per cent, payable July 1st. In making this special dividend to the stock holders, the Board suggests that they contribute the amount of the dividend re ceived to the American Red Cross Fund. M. G. BAKER, Cashier. Market at Seventh. TeasasVsSasaaiaaaaa,,!, umVvIA Our Telephone Facilities have been greatly extended in order to accommodate more efficiently the ever-increasing number of calls for our "latest" market in formation.' Our new number is Lom bard 4750 or Main 4458. Avail yourself of this serv ice by calling our Mr. Knoll. HecKekJCo. BANKERS & I1ROKER8 6th & Chestnut Sts., N. E. Cor. aicmocra 01 I'niia. rtiocu JKlthansa ff Illrret wire to .New York i jayaMArNaMa,,0ajk NEW YORK, June 25. Tho stock market generally showed Btronsth In the active Issues all through the day, and the manner In which aoVcral groups of stocks responded to buying orders was regarded with satlsfnctlnn by those concerned with the bull side. Most of tho speculative Interest was conccntrntcd In tho rnllway group, with many of thoso stocks making advances ranging from 1 to 2 points on buying coming partly from bunking sourccn. Union Paclllc, Heading, tho Krles nnd the Tlock Island Issues were among tho prominent features, nnd many other stockK, Including Missouri Pacific, com mon and preferred, reflected accumulation based on special reasons. This strength nnd activity attracted Increased attention to tho railway rate situation, and It was Insisted that with tho Interval of only one week remaining In which the Interstate Commerco Commission can Issilo orders suspending tho advanced rates, It l reasonable to assume that the hearings, which ended on June 12, furnished no foundation for interference with tho advanced rates being put Into effect on July 1. There were many special movements In Industrial Issues, with Crucible Steel becoming ft fcaturo of the trading In tho last half of tho day, when It advanced to 8814, a gain of nearly 4 points for tho day. American Car and Foundry advanced 3 points, and there waH a sudden demonstration of activity In Allis-Chalmers, which rose 3V4 points to 31 H. United States Steel common, after advancing V, to 131 VI, dropped to 1 29 14 . but rallied to 130 again In the late trading. The fcaturo of tho bond crowd was tho strong support In evidence for the Liberty Loan. Largo amounts of the new 3V4 per cent Governments were In supply at and slightly above 100, but there was good buying nil day, with Benedict Drysdalo Company, who bought $1,000,000 bonds on Saturday, the principal buyers again today. Anglo-French is sold at 93 nnd 03 W. Net Itlsh, Low. Close, ehre. Alaska' Juneau . . 4 4H 4V4 Y Allls-Chal Co 31 thY S1H IH do prcf si my. i 1V4 Am Agr Chem ...91 OJ 0 H Am rteet Sugar. . . 04V4 Am Can BOH D 4BV4 H Am Car & Kdy Co. SOH 17 70U i Am Cotton Oil... SlVt 1 S'i V Am Hide & Lenth 14 14 14U W do pr 4 AS 64 1 Am Linseed tt 24 it Am Locomotive... 74 7SV4 7S4 Yt do pr 104 104 101 Vt Am Malt 11 do pr fld'H Am Smelting ins Am Sum Toh .... 3ft Vi 3,1 Am Steel Kdry ... 74 7S Am Sugar 121 120 Am Tel & Tel 1S Its Am Wool Iii M Am Writ I'nper pf 4 4 ion 11 1 S3 107?4 I0 V, SJ 7W 1014 U M 1 tt 4 .11H I New York Bond Sales 112000 Amtr Ar deb 5s lsduuu Anffiortncni oi HlRh. 03000 Am Fore ln fleo Bs. laooii Amer Tel na 1000 do elt 4a, 800O do cvt M., 2,V)D0 Armour Co 4W .. U0000 Atchison 1 100(10 do cv 1000 ... 10000 Allan Co Line 1st 4a 5000 Allan Charleston 8;, i LAW. no., ipo,, V07 4H DH'i iC nTii lloo 100., 00 Ktt 1H S'Vi S3 MlVi 98 . 31 M Am Zinc & Lead. 31 Anaconda 81f, Atchison 101 rHi 101 do prcf 07 07 07 Atl Uulf & W I..1UH 111 Uttt Baldwin IOCO Co 74 7Vi 73 Halt & Ohio ... 74 ny, 74 do pref 70 00 70 Bethlehem Stl H. .141 140 Hrook Ilap Tr . . . o (10 Hums Bros 101 V4 I01U 101H Butte & Sup Cop.. 42 41 i Car Petroleum. ... SO 19 do pref SI .11 Canadian Pacific. ll iao Col Pack Co 38 38 Central Leather . . 07 93 Chesa & Ohio 6J 61 cm en .North.... 11 do prcr 34 Chicago. M & St P. 76 do pref Ill Chicago N' W...I11 Chill Copper 21 Chlno Con Copper Said Col Fuel & Iron . . 33 Ool Ons & Klec. . . 40 1 4- Yt H 140 1 60 1 1 101 3S 10$ 88 BUSINESS ACTIVE ON N. Y. CURB, WITH IRREGULAR PRICE CHANGES NKW YORK, Juno 25. Business on the Broad Street Curb was active, but price movements were Irregular, with tome stocks under pressure from several sources for special reasons. A good deal of Interest was attached to Sinclair flulf, which was forced down 2 points to tho now low record of 25. There was no special reason advanced for the continued recession, but nn Idea prevailed that syndicate operations had been unsuccessful, ond somo who participated In these opera tions had found It necessary to dispose of their holdings. Somo of the Industrials were In good demand, with Air Reduction rallying to 90, and there was persistent buying of Eastern Aniline, which ranged from 6 to r.r. Submarine Boat opened at 3tH4, but quickly dropped to 329J. The aviation Mocks were fairly well held, Curtlss selling at 40 to 42 nnd Wright-Martin at 8U to 8. IXnr.PKMJKNT OIL STOCKS Continued .Sat. closr. Ask-ii. (Snlf) INIil'KTMAl.H Sat. rlofcf. Hid. Aokrd. (Half) Air Reduction 80 80 88 Am Stores 33 37 Aetna Explosives 4 1 Am Marconi 3 3 American Writing Paper 3 1 Canadian Car Co 30 30 Can Car & Fdy pref 70 73 Charcoal Iron 8 0 Chevrolet Motors 100 103 Cramp 8S 88 Curtlss Aeroplano 42 13 Carwen Tool 1 1 1 2 Carbon Steel 101 104 East Aniline 3 S Emerson Phonograph . . 0 6 Federal Dye 40 4 3 8 102 42 18 102 "Silica Sand Mining on a Large Scale is as profitable as Coal Mining on the same tonnage." I offer a limited number of shares of a Sand Com pany completing a 2000 ton plant to mine a rare deposit of silica sand. The quality is high Trade, preferred by laree consumers of specially prepared sands. Gross earnings 100. Investigation invited. Liberty Bonds Accepted LEWS J. GRUBB 901 Bulletin Building-Philadelphia American Stores Co. 1 First Pf'd Stock REED A."jrt,ORCArT& CfX WEST END.TBU8T UI.IK1., HULA Kmlrt af Uu lblla. Kiosk KirhaVs, HfKCIAL NOT1CKS 3p.AI A STATED JIEKT1.VO THK (' Hoard of Dlrectora of Tha l-tdent " ALFIIBI O. SCATTKROOOD ?" 1."r..ruKr.f tb. UMIWHf' .-- wyat.vn. mil i ; 'gg Hwryyy. r McmnwiAivm Unskell & Barker Car. . . 30 30 llendee Mfg 27 32 Kathodlon Bronie pref.. 1 2 Lake Torpedo Boat .... 7 8 Lehigh Coal Snles 83 88 Lima Loco 83 88 Maxim Munitions '. 2 2 Murlln Anns tni 103 N Y Shipbuilding 47 48 Nor Amcr Pap Pulp S 5 Otis Elevator .IS S Peerless Motor 10 18 Poole Eng 70 80 Pierce Arrow 40 42 Redden Truck 18 10 Santa Pecllla 20 26 Santa Cecilia pref 8S 2 Scripps-Booth 20 40 S S Krcsge w I in 11 Standard Motors 11 12 Steel Alloys fl '7 Submarine 32 33 St Joseph Lead 18 10 Todd Shipbuilding 83 88 Triangle Film 1 United Profit Sharing... V S Steamship 4 8 United Motors 28 28 United Sugar as 30 World's Film Zinc Concent 2 3 MTAMlAnn OIL STOCKS Illinois 208 213 Ohio 340 345 Pralrlo Pipe 270 278 Standard Oil California. .280 Stand Oil of New Jersey. boo Stand Oil of New York. .285 INIKI'KNIKST Oil. STOCKS Harnett Oil & Qaa 2 Cosden Oil IS Cosden & Co 12 Elk Basin 0 Federal Oil 8 Inter Petrol 13 Houston OH 20 Merrltt OH 28 Met Petrol 2 Ohio Fuel 18 30 8 8 53 102 40 8 40 12 IS 87 39 2 Illd. Oklahoma fief io usage Hominy 8 Rice ,, Hapulpa Ref Sonuoyah xy, Sinclair 21 Un West oil 58 MINIM) STOCKS Alaska Standard 33 Atlanta n Big Ledge Blsbee Copper (a prosp). Butte Copper & y.lnc ... II Butta New York 1 Cal & Jerome Con Arizona 2 Emma Consolidated' .... I First National 2 (loldfield Merger 8 Coldfield Cons en Cioldlleld Florence 20 Goldflcld Kewanas 13 Orecn Monster 1 llecla .Mining 8 Howe Sound 5 Independence Lead 11 Jerome Verde 1 f, Jim Butler 12 Jumbo Extension 33 Magnate McKlnley Darragh .... 48 Magma Copper 43 Mother Lode 20 1 20 1 7 1 3 10 8 9 1 25 60 264 600 605 200 280 OCRS SW 2 18 12 18 12 10 10 8 8 13 13 23 21 26 26 3 Ml 20 .18 12 2 1 1 1 HI 2 1 .1 7 58 28 15 1 8 5 13 1 78 40 52 14 28 25 1 7 1 I 18 3il 38 68 'ift 33 Mines Co of America Nevada Hills . Nevada Wonder Nlplsslng Ohio Copper . . , Ray Hercules '. , San Toy 1 Stewart f, Tonopah Extension 2 A United Verde 33 West End Con 62 White Oaks 3 AVhite Caps yt Yerlngton si BONDS American Smelters Es .. 01 Atlanta Charlotte 5s .... 07 Bethlehem 5s 08 Cosden OH 6s 09 Cosden & Co 6s 06 Cudahy Es 07 Erie Es 90 New Haven 5s 05 New York State 4s 100 New York City 101 101 iiussinn tiovi fifts 71 73 Russian Rovt 6s 84 83 Southern Railway 5s ... 97 07 Sinclair Oil 6s 03 03 Todd Shipbuilding 6s ...101 103 02 08 08 101 00 00 07 08 105 10 8 0 It, 27 30 II H 1 aft 1 A 3 7 51 1A 8 r. 11 A 78 33 11 10 28 7 16 A s 38 66 01 07 08 08 07 72 84 07 Cont Can Corn Products . do pref Crucible Steel . Cuba Am Sugar . Cuba Cane Sugar Dol & Hudson . . Dome Mines . . . . Distillers Sccur. . Erie do 1st pr 30 do Zd pr 30 11 31 78 lit 111 21 38 33 40 00 32 105 81 20 81 160 38 06 61 11 31 70 Mil 4(lU liU'.'t xov ti2 87' . IN . 48 . OSS l"i . HS . M'i nn.. . II2V4 . SO ,117 til sh; 48'4 . 70t 73U 80H 112) 03. 7Ji S0'4 2000 Atlan Knox Cln 4s. 83 1000 nait onio cv 'h'ii :, B000 llrcokn Itap Tr . 5 18 ' 1000 Can Oovt M21 . . . 98H 1000 do 5s lOlttt SI 8000 Cal Oaa Eleof.s 6000 Canada South . f.s . . loon Oni ..father 1st 5s . UBn 10000 Chf 4c Ohio CV 4Ha. 61000 du conv 6s 1000 Chi 4 Alton SHa ... 4100(1 (.' II A U Joint 4s ... Itooo O M A tit r ronv 5a. 1200U CIl I r rfrt 4s . . . 60(10 do Sa one ata 1500O do 4s 200O Col Industrial 6s 794 nooo City of rarls (lj. .... 0J fioiio I1 A Hudson 4Ki... 07ft 1000 Detroit United 4is.. MH 45000 Ills Pec Corp 8s B51 4000(1 French Rep 5H ?Jt I11100 Oen Elec deb 5a tolu 40on Oreat Nor lat 6s,.... 04S loonn tlreat Kails Pr, Co Tin iiju 7000 Iowa Central 4s.... soon III Central 4.. .. .. 12000 Interb It T ref 8a.. 4000 Inter Mer Mar (la.. inoo Intern! .'arT (la 2000 Kan City Ter 1st 4 2000 Lacks Steel 3a 1023 1000 I.k Hh deb 4s 1028. . soon Iinn Island 5a 1037 linniu ioriiinrn ! i-iii ninntn I lt.ev Itnnrf u, I Av4a 100 8-50 100 10000 Manhattan 4a saj, 85H 7000 Met W Side, of Chl 8a. fH Ml. 10(10 Minn A St I. 4s 40 40 00OO Mo I'ao t e w 1 10V 60, aono Montana Power 5 .. 1)5V 05 13500 N O T HI Si 4(1 48 3((io xiarara r i'ovr ds..kii . v .11000 ssnoo loooo Close. 1!., K3J4 8V 87f 100., 10k 97 V M.. 5S8 84 08 98 VII 99H 99i 7 8i 40'i 95 IlOU 71 78'4 9.1H 07 (i 65 I)8'4 mm Hi''! 04 tilH 1I7H Vl'.i 87' 48 48 l3'4 niS tmI 83'i n so 117 874 41 48 HV.i on 02H so 117 100 8,1H O.lMl 40 ISO OS's 40 101 NTCtllli ...... 10.1.H 10J ip.J4 do 4Ha 91 i nj 1'i N Y N II k II 0 95 osu nr.ji 182 182 43 42 116 114 It 11 23 21 26 28 30 30 73 111 111 4-1 21 66 63 40 00 1 32 103 88 3 162 1 43 114 1 II 23 26 80 30 37 162 1 110 88 31 Klkhorn Fuel ... 37 87 Oen Elec Co ... .162 161 General Motors ..110 116 do pr 88 88 Goodrich, II P ... 82 81 Oreat North pref. 108 107 107 Gt North Oro subs. 33 32 32 (ircenc tan Cop.. 12 Gulf State Steel ..130 Illinois Central ..103 Int Agrlcul 10 do pref 84 Inspiration Cop .. 64 Inter Con Corp... 0 do pref 37 Int liar of N J . .112 Int Mer Marine. . 27 do pr 84 Intern'l Paper . . 37 Int Nickel 40 Kansas City South 23 ICennccott Copper. 43 Lack Steel 08 Lehigh Valley . . . 66 Mackay Cos pr... 04 Manhattan Shirt.. 77 Max Motor 10 do 1st pr 67 do 2d pr 31 Mex Petrol t7 Miami Con Cop... 11 Minn & St Louis. , 10 Mldvale Steel 64 Mo Kan & Tex. . . 6 do pr 11 Mo Pac v 1 32 do pref w 1 87 Mont Power 06 Nat Con & Cable. . 36 Nat Enam & Stpd. 40 Natl Lead pref. . .110 Ncv Con Copper. 23 N O Tex & Mex.. 23 New York Cent . . 03 N Y Chl & St L. . 28 N Y Dock 18 N Y N II & II 40 N Y Ont & West. . 23 Norf & West Northern Pacific. 41 128 103 18 52 61 0 68 112 27 82 37 39 82 45 07 66 61 77 18 67 30 06 41 18 63 6 11 20 57 06 35 40 110 23 23 02 26 16 30 83 .S 125 125 104 103 104 41 128 1 103 10 51 1 64 0 57 1 112 -5 87 83 87 30 I 83 45 07 66 1 64 77 19 1 67 30 1 07 41 10 2 4 6 11 32 8 37 1 06 3 33 Vi 40 110 2 23 84 1 03 1 26 1 16 1 40 1 23 1 inoo Norf ft West Toch 4s 100O do 4s ... .woo do dlv 4s (inoo Nor Tne 3a 1000 Nor States pr lis.. IOO0 Pacific Oaa ha 31000 I'epna gen ct 4V4a 2000 Pere Marquetto 8s. 2000 Iteadlne sen 4s.... 35000 Hep Ir A S 8s OOllO St li a 8 K ajt w I 6000 do In 5s 3000 do Ser A 4s.... inoo do Ser n us I.100O South Pnc cv 4s .. L'000 fin rfd 4a 7400(1 South Pac cv 5a nooo Hoiim itwy 4s .1000 do 5s 1000 Terns Co 6a mono Third A ad (is ... loooo tr H Oovt 4 ren 75000 1 fi nutiher 5a .... 60(100 IT H Steel a f 5a ... 17000 tr 8 Hmelt A ltef Ca 1O0O ITnlnn Vnr 1st 4a . .fono tr if el li h I 8s 7'4 ln.-inno do rMc intu 9914 4000 do 54 s loin not lsfino'i do 54a new lnio.. 90 84000 do 64 a 1921 9.1 1000 Va rtwys 5a 94; 1000 West Klec 5s 100 2000 West Md 1st 4 OSTs Sol! 4 904 894 s4 S91 89S M4 x.-,4 62H 02t 934 934 S Rft 95 904 i.ii" 100' 65 ( 40 49 024 "24 7s4 7S4 81 I 81i 83 85 1194 9'i 07 (17 97U 97i 10.1 103 404 42 100 108 80 MIU 1044 104?; 1044 lo.T h. ins ins . 92 924 92 971. 97t 90A 994 904 nr,4 994 994 95 95 91 04 100 100 604 004 89 N54 fl2 934 83 95U 90 904 1004 49 62J. 784 82 85 n'.; . 67 . 974 .10.1 . 42 .106 snu Totnl antes. S2. 878,000, compared Tilth $1,020, 000 .Inst Monday. COTTON ENDS WITH PRICES IRREGULAR Nova Scotia Steel. 00 00 Ohio Gas 135 131 Ontorlo Sliver . . . 5 8 Owens Bot 01 01 Pacific Mall 28 27 Penn R II 53 53 Pco Gas & C 78 77 Pere Marq ct 20 20 Pitts & West 31 33 do pref 64 64 Pitts Coal ctfs 83 82 do pref ctfs. . . .117 117 Pressed Steel Car 78 77 Pullman Pal Car. 141 140 Ry Steel Spring. . 88 85 Ray Con Copper. 28 28 Reading .' 00 07 do let pref .... 41 41 do 2d pref .... 43 48 Rep Ir & Steel... 02 01 09 133 1 8 01 28 83 77 20 1 33 64 83 117 7 140 3 6 1 28 08 1 41 43 2 T. do prof 108 108 103 LOCAL DEPOSITS DECLINE Philadelphia Bank Statment This Week Shows Loss of $15,231,000 Th'e effect of the Liberty Loan payments and contributions to the Red Cross were clearly shown In the Philadelphia bank statement this week In a sharp decline In Individual deposits. This loss amounted to 116,231,000. The deposits of the banks, at the same time, fell off 7.401,000. The small trading on the local Stock Exchange was reflected In a decline of $6,870,000 In loans. The surplus gained 383,000. June 28, '17. Decrsase. June 26. '18. Loans 1549.809.000 16.870.000 I419.94T.O0O Ptpta (Ind.l. 458.811,000 16,231,000 432.292.000 circulation, a.ziu.uuo z.ooo 9.465, 000 Dua fr bka., 85,329,000 1,483,000 73,802.000 Dep. of bka. 162.028,000 7. 401.000 lfta.hOO.OOO Rx. Clear 11. 20,517,000 4,883.000 10,930.000 Ilesv.hr d.. 91.485.000 2.101,000 103.718 000 lies. reqd... 78.873.000 2,484,000 '76,898.000 Surplus 14,392,000 383,000' 28;,820,000 Surplus June 28, 1913, tl6.94O.0O0; June 29, 1014, was 111. 8fl. 000; June. 23, 1013, 17,509,000: lun 24. 1912. 17,816.000. Increaae. DIVIDENDS SCOTT PArEB COMPANY I'lULAUKU'IUA June 22d. 1917. Tha Board of Dlrectora of The Scott Paptr Company ha this day declared a' dividend of an per rent, payable Jaly 2d. 1017, on tht outstanding common stock or tha company. VYM. 8. HOOEna. Treasurer. THE PBOVIDENT I.irK AND TRIT8T COM PANY of riiinuKi.riiiX Philadelphia. Pa.. 6th Mo. 21th. 101T. At a maatlnar of.tha noyrd of Directors, hsld WVB(m viiiwns in IV! this day, Dividend af Nl rent wat declared, payabU on ftenwth Mantfc 14, 1(17. to stockholder of record on tha books at tha ramstnr at tha. cloaa af huilna mi.. MONEY-LENDING RATES NISW Voiik Motley on call opened at 6 per cent; high, 6; low, 6; last, G; closed, 6; ruling rate, 6. The rates for time money, secured by ap proved New York Stock Exchange collat eral, were S6 per cent for sixty and ninety days, and for four, Ave and six months the trading rate was B per cent For all Industrial loans the rate was U to V, per cent higher. Prime bank acceptances were quoted at 5 fpt per cent for Invisibles and 4 3 per cent for ellglbles. PHILADKLPHIA Call money took on a stronger tone today. One bank raised Its rate to 6 Per cent This Is the highest since August 1. 1911. and Was brought about to a great extent by the continued high rate ruling In New York. It was understood that other banks are considering boosting the rate to 6 per cent On June 15 the rate was advanced from 4 per cent to E per cent. FOREIGN EXCHANGE NEW YORK, iune 25. At the opening of the foreign exchange market today franei and lire continued to show thb Improved tone that developed last week. The gen. eral market showed, very moderate volume of dealings, but the tone was In the main steady at last week's closing levels. Quotations were; Demand sterling 4.75. cables 4,76Vl buiTtSjX. n0m,na"y Ml' nlMldlly Frano cables 5,7354. checks E,74W, Lire cables 7.87. checks T.28. Swiss cables 4.88. checks 4.80, fJullder cables 41 , checka 41U. Ruble cables 28.75, checks IS.lS. Peseta, cables ZI.85. checks J3.5. Stockholm cable 10.36. ehaelu U .a 4ar4U.kita imXJ bl - TZ ZlZZ! Royal Dutch .... 64 64 Saxon Motors ... 20 17 St L S F IR 17 do pref 28 28 St L & Southwest 31 31 Sinclair Oil 48 4154 Seaboard Air Line 14 14 00 prer 20 20 64 " 20 1 17 26 ' 2 . 31 1 43 4 14 0 1 Savage Arms 101 101 101 1 Uln...uOi;.i f. T ... - ' -. '" ' 60 04 28 56 48 82 7 18 61 04 28 87 40 Y, Y. y 82 2 "H 15 4- 4 14 218 "I .2 88 88 40 46 u. Sloss-Shv Stl & Iron 61 Southern Pacific, os Southern R R . . 28 do prcf 87 Superior Steel ... 40 Studebaker 83 Tenn Cup & Chem 18 Texas & Pacific. 15 TexaB Company.. 216 Third Ave RR ... 23 Tobacco Products. 80 Transuo & Will.. 40V. Union Pacific 138 137 188 1 do pref 70 79 70 Un Alloy Steel... 45 45 45 -1 Un Cigar Stores.. 106 103 105 Un Paper Board.. 28 28 2S 2 Un Dycwood 68 67 68 4-2 United Fruit 135 135 m 114 do'Jef " 88H .88 2 U S Express 18 18 I ? U S Ind Alcohol.. 168 162 164 t U S Rubber 61 61 61 do 1st pref 107 107 107 14 U S Smelt & Ref. . 61 60 60 1 U 8 Steel 131 120 y4 130 d0 PTtt 117 117 117 Utah Copper 111 110 110 - Va Car Chem.... 43 43 4att x AT An ...e ..n . .. - '' ' ' !.; nv Va Iron C & C. . . . 71 Wabash l do pref A 61 do pref B 27 Wells Fargo Ex.. 04 West Maryland... i Weitlnghouse Mfg 82 West Pao R R 16 Woolworth pref... 122 122 i v. Wheel & L E 16 15 tsai x 2 White Motors 47 47 47 I v Wlllys-Overland... 5 jj jig Z. k Wlson Co 73 72 72 Z ;f...?v.,0S5".?.a" .Kea P't.rr.d. , WIU Losses Are Recorded by All Months Except March, Which Is 68 Points Higher NEW TORK, June 25. Moisture In Texas and Oklahoma during the last two days caused an easier ten dency at the cotton opening, and declines of 18 to 27 points were recorded, but there was no pressure to speak of. Room traders, New Orleans and somo Southern Interests were sellers, while Liverpool and other foreign Interests purchased the late months and Wall street and uptown operators bought the other options. Commission houses were sellers on bal ance. After the call the demand continued good and some advances were recorded as the early supply had been absorbed and there was no large selling orders In the mar ket A flurry of selling followed the publica tion of the detailed report of the Houston district, showing rainfall of over an Inch In several points. Prices worked back to nearly the low point of the morning, but a more careful reading of the weather details appeared to disappoint somo of the early sellers nnd the market stiffened up again after midday. Late In the afternoon selling weakened the market and at the end prices were 18 to 81 points lower excepting March which was up 68 points, and Bpot, which was 80 points higher. Exports were the largest of any day In several weeks. K.tt. close Open lllsh. Imw July 26.57 26.57 25 04 October .6.6(1 211.40 2(1.82 Jit 40 Derember ... 20.80 26.48 20.60 2596 January 26.85 26.60 26.60 28 07 spVtch... 7.7.T &?5 2n:85 28;90 2fl-so Close 25.04 I'll. 48 25.0(1 26.07 211.80 20.50 DINKEY Sc Company AUTOMOBILE BANKERS Offer special facilities for In dlvlduals or automobile deal rs to finance the acquirement of pleasure, cars, for business houses to finance the acquire ment of commercial cars or trucks. If you are thinking of purchasing a car of any kind for any purpose the FINNEY SYSTEM will make abVltw business transaction for you. REAL ESTATE TRUST BUILDING PHILADELPHIA 110 70 12 80 26 04 21 82 1W 110 70 H fll 1 " 04 1 Hi 52 W Ct .an 'KnYnlnv rrkt .reS tn.ShT?n't 1.1 . veater Corporation of New 'Jersey. Hi i. ilV,' tan Shirt preferred. li . oilf .?. faB.'T fi'&Vw cy'o?k ft.W,tf.V''lnlpdho BsE rliS'SteiTrF cany. 6 ilsnal Seaboard Total sales, soa.aoo .hares. 760,700 shares last Monday. compared with BANK CLEARINGS Bank elaarlus today compared with ...--apondlng day last two ysara; ""' '' iBIT rnutaeipma 441.1 Boatoq ..... 28. IQtS ? mm ' Boatoo..... M.4.T4t aMne.liit 'is FOUNDED 186S The Provident Life and Trust Company of Philadelphia Fifty-one years' successful exf perience as administrator and trustee for large estates quali fies the Provident to exercise these functions successfully for you. FOURTH AND CHESTNUT STREETS !5 i I LOCAL MINING STOCKS TONOPAII BTOCK8 nid MacKamara ;0 Midway yi Mltpah Extension I" Itescue Eula 23 OOLDFIBLD STOCKB . Atlanta U lllus Hull 01 liooth 06 niamondOtld II II - Daisy 02 Oro 02 Randstorm Kendall 02 surer rick lu MI8CELLANKOUS Arliona United 2" Nevada Hill 28 Tecopa Mining - Asked .22 .14 .11 .24 .12 .02 ,ns .03 .01 .03 .03 .11 .80 .30 .30 Kentucky Traction Earnings Good The operating revenue of the Kentucky Traction and Terminal Company and Lex ington Utilities Company for eleven months ended May 31 was $825,405, an Increase of 146.769 over the corresponding period of last year. Net Increased 5368,790 to 8383,184. Gold Shipped to Cuba NEW YOIIK, June 26. Gold coin to the amdunt of 8200.000 has been withdrawn from the Subtrcasury for shipment to Cuba. NEW YORK COFFEE MARKM NEW YORK. June 26. The market fo,3 -.-.. ........vo ra, cuBy touay and i 6 points lower. Trading on the call w Inactive, sales amounting to 1250 bags Jul and October being the onlv .. . 1 HI which thcro were trades. High. I,ow. 7.61 7.5 2-SJ 7.67 7.73 7.73 7.SO 7.78 7.B2 7.p3 8.03 8.03 . . Open, July 7,7(1 September .... 7.65 October 7.70 December .... 7.77 March ........ 7.00 May 8.011 Close, 7.50 1.(17 7.70 !' 7, 8, J't-1 .;j llil 77 4'1 a a CIIICAOO. June ,25. 1IOOS ItecelM. . b4;9i,i5h5,:o5?H-,0,B-io' K."iTd, PHI-inr llecelpts. 20.006 head. . 1 slow.i.MC. to one 'wers nauvo and ..,ru I8.00O11.701 lambs, $10.25ijiln. wttro. Dividend for Hcd Cross NKW YOIIK, June 25. The Montan. rower Company lias declared a Red rv dividend of twcnty-Mvo cents a share n.J' able July 20 to stock of record July j Philadelphia Commercial Markets and Additional Financial News on Page 16 Your Boy in France may need funds for some special purpose. It is an every day trans action to remit abroad. Our Foreign Depart ment will attend to all details for you. Funds may be Cabled, or if desired, drafts' may be sent by mail payable to the order of anyone you may des ignate. Small as well as large transactions may be handled through the Corn Exchange National Bank Philadelphia CHESTNUT AT SECOND STREET FINAL OFFERING of the unsold balance of 250,000 shares of The CUMBERLAND Producing and Refining Company I At 90c Per Share (Par $1.00) Prior to its active trading on the New York Curb Market commencing Thursday, June 28th. 0) (2) (8) (4) () NOTABLE FACTS Pays a monthly dividend of 1. Has 28 producing wells t ' more now drilling. Owns 805 acres under lease in the famous Irvine Field of Kentucky in which, 04 of wells drilled by one Company were producers. On this acreage alone there are locations for 40 more wells. Fur ther, 2,807 acres arc owned in the highly produc tivc Station Camp Field nnd 1,175 acres ir. Jack son County, both In Kentucky, and 840 acres in the New Morgan County, Tennessee. Expert management by practical oil men under the personal supervision of J. E. Bahan, the Presi dent, who was formerly Manager of the Cumberland ;nip(e,Lne; "'"Standard Oil Subsidiary, operating in the Irvine Field. B Low capitalization of only $500,000 all Com mon stock. Proceeds of the sale "of stock toe used In an aggressive and systematic development campaign. Investors will appreciate the sound underly- cZlrl Z th!VX,ck and It8 Iar "Peculatlve opportunity. Mail, or telegraph your reserva tion at once. WINSLOW, TAYLOR k CO. WIJ . i, w. .. M. PALMER & CO. r'TTT 1 V "'" ; " '' ?-w-atrtaife I . . - ..-m. MS- lPyH (WW-" I ..- BMlir., ntUHi i V. iB. l "aWa.aaaalBaBBmi Jf ' . fl-
Significant historical Pennsylvania newspapers