r -t, i t I , . ; 5f ?!.'. vA1.. n .-r i - .. V - tf ' a. S i !' v fc I . V p . fc- iw s. -VJ-v,-. 7 EVENING LEDGER-PHILADELPHIA, TUESDAY, JUNE 26, 1917 easss T CITYi OF PHILADELPHIA . REGISTERED 3s DECEMBER 31, 19(8 & 1921 PRICES, TO NET 4.10 REILLY, CROCK & CO. onr:ftERs IOC CHESTNUT ST. PHILADELPHIA FINANCIAL NEWS IMPORTANT INTERESTS IN WALL STREET OPPOSED TO BULLISH MARKET NOW Favor Waiting Until Matters Under Consideration Have Been Settled Dealings in Liberty Bonds Large. Money Requirements Filled Public Utility Preferred Stocks Preferred stocks of the following well - known corporations can be ob tained at prices to yield 7 or more Northern States Power Southwestern Power & Lt. Texas Power & Light Utah Power & Light United Light & Railways An analysis of any of these issues will be sent on request. William P. Bonbriglil & Co., Inc. MORRIS WISTAR STROUD, Jr. Mannttfr 437 Chestnut St., Philadelphia fc'ew ork llolnn Ilctrolt London Paris Wllllsm r. Bonbrlsht A Co Donbrlght 4 Co. High Points in Today's Financial News Bullish speculation in Wall street not favored by important interests until matters now under consideration have been disposed of. Heavy deal ings iw Liberty Loan bonds. Prices of stocks well maintained. Business good on Curb. Grain cloied lower. Cotton higher, money in new York a per cent, liar silver lower. Ruling rate for call We Own and Offer SHORT TERM SECURITIES of successful public utility companies Commonwealth Pr., Ry. & Lt. Co. Convertible fid duo May 1, 1918. Grand Rapids Railway Co. rim En due Juno 1, 1919 Michigan Railway Company First Lien Gd duo .luno 1, 1919 Tennessee Ry Lt. & Pr. Co. Secured 6s duo Juno 1, 1918 The E. St. Louis & Suburban Co. Comertlble 6s duo Juno 1, 1919 Prices to yield from 5 to over 6. Circulars on application .W.fi;!arR$0o. nM:ns (Establish-,! 1837) 321 Chestnut St. Philadelphia fi "Silica Sand Mining on a Large Scale is as profitable as Coal Mining on the same tonnage." I offer a limited number v of shares of a Sand Com pany completing a 2000 ton plant to mine a raro deposit of silica sand. Tho quality is hifh grade, preferred by largo consumers of specially prepared sands. Gross earnings 100. Investigation invited. Liberty Donds Accepted LEWIS J. GRUBB 901 Bulletin Building Philadelphia NEW YORK, June 26. Thero wan a Rood ileal In tho course, of tho stock market and the char acter of trading during tho dty to Indicate that important Interests concernod In securities trading wero opposed to any active bullish speculation until after Important matters now under consideration have been fully disposed of. For thi reason moro attention was paid to dealings In Liberty Bonds and to the money market than to price fluctuation In speculative favorites. All day long there was a good demand for Liberty Bonds, with more than $1,000,000 In demand nt par, and brokers handling these buying orders were disappointed at tho small supply In sight at around tho subscription prlco. Call money continued to hold at G per cent, but nil borrowers had their requirements filled, and thcro was no cause for unsettlernent to bo found In that part of tho financial situation. Taken altogether, values wero well maintained on tho day before the pay ment of 18 per cent of the Liberty Loan Is to bo made, and tho only substantial losses recorded wero due to special circumstances. Studobakcr dropped 7 points to 75V4. with many of tho hellcrR stating that tho decline was duo to predictions that the dividend lato would bo reduced In August. In other quarters lt was Raid that tho company has failed to recelvo a single Government contract Ohio Cities Gas sold down moro than 6 points to below 127 on the anrfbuncement of tho new stock Issue. The railroad stocks wero In urgent demand In tho early trading, when gains ranging from 1 to 2 points were mado In those Issues, but a quick selling wao developed, causing locosiloni nil through the list, and the buying of tho railroad stocks was effectually checked. Thcro was fairly actlvo trading In a number of tho railroad bonds during tho forenoon, but gains wero not maintained. Hock Island 5s, after selling at 74 , reacted to 74 M, and similar recessions occurred In othctl Issues after fractional gains Anglo-French 53 sold at 93H to 93l'i OHIO CITIES RIGHTS ARE HEAVILY TRADED IN ON BROAD STREET CURB NEW YORK. June 26. There was a good volume of business on tho Broad Street Curb, with tho Initial trading in the rights to subscribe for new Ohio Cities stock attracting most attention These rights wero heavily traded In at 6G to 67, and tho new stock was quoted nt 59 to G2 without sales. Triangle Film was steadily bought at 2 and 2H The announcement was 5 mado by officials of tho company that they had obtained the JIack-Scnnet Interest In tho Keystone property. This completes the nbsorption of the Sennet and Griffith Interests and leaves the management freo to put into effect Its new methods, by which, lt Is estimated, a saving of $1,500,000 a year will bo effected Aviation stocks wero steady, with Curtlss selling at 426 to 42. Submarine sold nt 32'4 to 32, Aetna Explosives at F to 4'4 and United Motors at 28 & to 27. Chevrolet was strong, nbout 10,000 shares being traded In at 101 to 105, with the advance accompanied by assertions that the company will bo absorbed by General Motors Mining stocks were quiet, with Big Ledge selling at 2V4 and 2tt and Mason Valley nt 714 and1 6. Oil stocks wero generally quiet. Anglo-American was traded In at 20 to 19'4 and Standard Oil of New York sold at 284. ivnuvritiALH nM American Reduction 80 American Stores 85 $5? C(I5MiaNY;llNC AUTOMOBILE BANKERS Offer special facilities for In dividuals or automobile deal ers to finance the acquirement of pleasure cars, for business bouses to finance the acquire ment of commercial cars or trucks. It you are thinking; of purchasing a car of any kind for any purpose the FINNEY SYSTEM will make a better business transaction for you. HEAL ESTATE TFtUST BUILDING PHILADELPHIA Morris Brothers Co. MUNICIPAL & CORPORATION DONDS 1421 Chestnut Street A SUCCESSFUL BROKER desired with exclusive clientele to Invut sums of 13000 to f 10 000 In going manufacturing company In New Tork city offering 7 Preferred Block with a generous bonus , Capital needed for adding equipment and sales extension to mast urgent demands. A choice connection de serving earnest attention. Largest corporations, firms, etc. In general and family neena require. thess products A tU. I.KIHlKlt OFTICK 1'AHTNEItHllil'K "" NOT1CK 18 IIKKEUY OIVKN THAT TIIJ5 FIRM of Douredoor llrothers. IDS Walnut St., rbUadelpnla, I'a., , consisting of At lee and Frederic W. Dooredoure, Is hereby dissolved by the death .of Frederic- W Souredonre. and the aid frm Has discontinued business as of May lIW.l. ...... .-v ...... ini uijaerisjiM? whmct i sumuuncB to mm m ana 10 w cuuoincrB ai .vourraour hmr that th busiacM tormpny cenduoted Aia nrzo win v ronijuop 17 mm unatr MJ f f. JrVnjo r, at, 103 e-f ssSsWlselgey m Aptm. Kxploslves 4V4 American-British Mfg . 7 American Marconi 2Ji American Writ Taper. . . SV, Canadian Car Co 30 Can Car & Fdy pref 70 Charcoal Iron 8 Chevrolet Motors 102 Cramp 81 Curtlss Airplane 41 Carwen Tool 114 Hmerson Phonograph . . 0 Hast Aniline Si Federal Dve 40 Haskell & Barker Car . 30 Hendee Manufacturing . . 37 Kathodlon Bronze pref.. Yi Lake Torpedo Boat .... 7 Lehigh Coal Sales SS Lima Loco 4 Maxim Munitions 8 Marlln Arms 103 Nat Conduit 47 Nor Amer Pap Pulp .... RV Otis Elevator fn Peerless Motor lfl Poole Eng 10 Pleree-Arrow 41 Redden Truck IS Santa Cecilia 20 Santa Cecilia pref St Scrlpps-Booth ". . . . 30 S S Krcsge vv 1 10 Standard Motors 11 Steel Alloys 1V4 Submarine 33 St Joseph Lead 18 Todd Shipbuilding 81 Triangle Film 3 United Profit Sharing ... Vi United Motors 28Vi United Sugar 30 World's Film Wright-Martin Air 0M, Zinc Concent 3 4 Yes close. Asked. (Sale) 37 13 3 4 30 70 9 10'. 88 43 13 Vi 8 40 33 1 8 80 68 3 108 47 5 .10 18 80 43 10 30 03 40 11 13 7 33 10 80 3 28 30 8 3 STANDARD OIL STOCKS 10 214 343 4374 0 8154 30 8V4 8S 34 100 8 or 33 38 8 Anglo-American 10 Illinois 308 Ohio 338 Prairie Pipe 275 Stand Oil of California . .300 Stand Oil of New Jersey soo Stand Oil of New York.. 383 OIL IVDEI'KNUF.NT Barnett Oil & Gas 2 Cosden Oil 11H Cosden & Co Hid Elk Basin 04 Federal OH 8 Inter Petrol 13 Houston Oil . 30 Merritt Oil 38 280 385 600 280 STOCKS, 3V4 13 13 10 594 13 33 30 3 13 12 0 6 13 28 ivnnPKvnnvT oil stocks continued nid. Midwest Ref 133 Met Petrol 1 Ohio Fuel 18 Oklahoma Ref OTA Osage Hominy 8 Rice Oil f, Stpulpi Ref tux, Sequoyah 1 Sinclair 25 United West Oil T, MININO STOCKS Alaska Standard 33 Atlanta in Big Ledge 3 Blshee Copper (a prosp). Butte Copper and Zinc. 11 Butte New York 1 Cal & Jerome 1 Con Arizona 2 Emma Consolidated .... 1 First National 2 Goldfleld Merger 5 Ooldfield Cons so Goldfleld Florence 18 Goldlleld Kewanas 13 Green Monster 1 Hecla Mining 8,4 Howe Sound 5 Independence Lead 11 Jerome Verde 1 Jim Butler 77 Jumho Extension 31 Magnate Copper Ti McKlnlcy-Darragh ... 48 Mother Lode 3d Mines Co of America. . 1 Nevada Hills 33 Nevada Wonder 1 Nlplsslng 7 Ohio Copper 1 Ray Hercules 3 Stewart San Toy is Tonopah Extension 3 ft United Verde 37 West End Con 61 White Caps i f, Yerlngton 37 Tes close. Asked. (Sale) 133 30 10 8 0'f, IX. 25 37 13 2 11 1 1 3 r .1 7 63 3J 10 It". 8 5 13 IA 79 38 1 lit 28 . 28 W , 7-54 74 4 77 10 8 li". 35 30 10 ' 2 11 i 3 1 0 81 1A 8 78 31 60 30 11-33 11-33 18 SA 2ft 38 38 08 68 iy .. 28 31 02 01 08 08 08 nONDS American Smelters Es .. 01 Atlanta Charlotte 5s . . .07 Bethlehem 5s 98 Cosden Oil 6s 00 101 Cosden & Co 6s 90 99 Erie 6s 96 98 Now Haven 6s 98 90 New York State 4s . ..100 108 New York City 101 103 Russian Govt 5 'is 11 72 Russian Govt 6V&S 83 85 Southern Railway 6s ... 07 07 73 Sinclair Oil 6s Todd Shipbuilding 6s .. 93 ..101 95 103 DIVIDENDS DECLARED Midwest Oil Company, regular quarterly of 2 per cent on the preferred stock, payable July 20 to stock of record July 2. Consolidation Coal Company, regular quar terly of ltt per cent, payable July 31 to stock of record July 18 Amoskeag Manufacturing Company, regular qusrterly on common of 75 cents and the usual semiannual of 12 35 on the preferred stock, both payable July 2 to stock of record June 20 National Properties Company. 2 per cent on the common stock, pavable July 2 to stock of record June 27. A dividend of 3 per cent was raid on this Issue on December 30 lsat The regular semiannual of 8 per cent on the pre (erred hss also been declared, payable July 10 to stock of record July Atchison, regular quarterly of 1V4 per cent on common, payable September 1 to stock of record July 81. BAR SILVER Lsst 1017 Today. Tes Tues. High. Low, Mew Tork (cents) is. I H I li - 1 VOL. etniL HULA. London (penoe) . SOS 38 3'A 35ti More Gold From Canada NEW YORK, June 26. Gold to amount of $9,700,000, received from Canada to the credit of J, P- Morgan & Co., has been, turned over to the New York Federal Re serve Bank. DIVIDENDS OFFICE OF TUB C. II. OEIST COMPANY LAND TITLK UUII DINO riULADKXrillA, TK.NNA. June 23. 1917. The Directors of Roanoke Cm Light Company have this dsy declsred a regular quarterly divi dend of on and one-halt (1) per rent 11.50 per share) on the Preferred Stock of saM Com. papy, payable Jons 30, 1917, to holders, of Preferred Stock of record at the eloss of busi ness this day. Checks will be mailed C. II. WEAK, Secretary laatCTOy iJlJ '-jfigZ VTNTSJ MONEY-LENDING RATES NEW YOIlK Money on call opened at 6 per cent; high 6, low 6, last 6, closed 6, ruling rate 6 per cent The rates for time money, secured by good mixed Stock Exchange collateral, for sixty and ninety days were 6 to 6 per cent For four, five and six months the trading rate was 5 per cent Industrial loans are 1U to 1 per cent higher. Prime bank acceptances are quoted at 5 to 4 per cent for lnellglbles and 4 to 3 per cent for ellglblcs. riHLADKLPlIIA Call, E and 6 per cent Time, EB4 per cent Commercial paper three to four months, BBV per cent. BANK CLEARINGS BaJ)k c''ns-s today compsred with corre spending dsy last two years: ' rhlladelphle...f54,M2,OS4 44,M6882 iS3?2xfm Boston 84 818,882 80 885,430 SrBSOtSl New Tork.. 872.618,46a 498.457,825 jn'Soji St Louis .. 17.866.874 14,198 711 122584SB Chicago . . 8i,123,B62 6J.379.893 66.205'.8lo FOREIGN EXCHANGE NEW YdRK. June 26. The feature of the foreign exchange market In the early dealings today was a Jump of 4 to 6 cen times In Italian exchange. Pesetas displayed firmness but francs and rubles were easier In other directions dullness and a steady tone prevailed. Sterling was steadied by the continued gold Imports. Quotations were; Demand sterling, 4.7BH. cables 4.76ft, sixty-day bills nominally 4.71. ninety-day bills 4.6SK Frano cables 6,73, checks 6.74 H. Lire cables 7.20, checks 1 21. Swiss cables 4 68, checks 4.90. Guilder cables 41ft, checks 41 U. Ruble cables 21 70, cheeks 21.60, Pesetas cables 3.76, checks 23.60. Stockholm cables $0.40, checks 30.10. Christian!, cabta l.M..Mcfcc H X. New York Stock ': Sales ) Advance Rumely do pref ....... 28 AJax Rubber .... 68 Alaska Gold M. .. A Allls-Chalmers Co 31 Am Agr Chem ... 03 Am Beet Sugar .. 01 Am Can 49 do pref 104 Am Car 4 Fdy Co 80 do pref 110 Am Hldo & Leath 18 do pref 61 Am Linseed pref 01 Am Locomotive . Am Malt do pref . . . Am Smelting Am Sum Tob Co do pref . . Am Steel Fdry . Am Sugar Am Tel & Tel Am Wool . . Am Writ Pap pref Am Zinc & Lead do pref .... Anaconda Atchison . . do pref . Atl Gulf k W I Bald Loco Co Bait &. Ohio Batopllas Mining Beth Steep B do pref Cal Petroleum . . do pref Net High Low, Close, chge 15 15 18 V 28 68 8 20 03 01 49 104 78 116 14 64 Ml 74 73 11 11 05 61 108 107 35 85 08 98 74 72 18 iy 68 H 8 Vt 29 1 93 1 04 94 40 101 ... 70 .... 110 14 J4 61 V 73 11 64 1 107 1 35 08 2 7374 131 119 110 1 123 133 133 63 88 83 41 40 40 1 31 31 31 03 62 63 83 83 83 102 101 101 07 07 07 111 111 111 I ' 74 71 73 1 78 74 71 1 1 1 141 138 140 120 120 130 ... . 10 19 19 61 51 61 .... Canadian Pacific 160 159 189 38 0'. V 36 89 . . 61 15 1 33 1 3 1 13 31 77 Cal Packing Co. 38 38 Central Leather 08 05 Cerro do Pasco 36 36 Chandler Motors. 80 89 Chosa & Ohio .. 82'f, 61 Chicago & Alton 16 15 do pref . 33 31 Chic Gt Western . 13 13 do pref . . 35 35 Chic M & St P 78 70 do pref .. . 111 1H0-4 111 Chic & Northwest 110 I10' 110T do pref .... 180 160 180 Chic It I & Tac w 1 38 37 37 do full paid 08 68 68 do 6 p c pf w I. 71 60 69 do 7 p c pf w t 70 78 70 Chill Copper 31 31 21 Chlno Con Cop . 86 60 66 Col Fuel & Iron. . 83 82 83 Col Gas & Elec 40 40 40 Cont Can 00 OOVi 00 do pref 112 113 112 3 Corn Products 32 33 3J do pref 105 Crucible Steel . 88 85J 80i Cuba Cane Sugar 43 42 43 Del & Hudson... 116 111 115 D L & W 210 210 210 Denver & II O pf 10 18 10 Distill Securities 23 31 33 Erlo 27 20 37 do 1st pref . . 10 39 40 do 2d pref 30 30 30 Elk Horn Fuel . 30 31 36 Gaston Williams 33 33 32 General Motors . 131 lis 110 do pref 80 80 80 Goodrich B F 81 10 40 1 Gt North pref ..108 108 108 -f Gt North Oro subs 33 31 31 1 Greene Can Cop . . 41 41 41 Illinois Central . 101 101 101 Int Agrlcul .. . 30T 10 20 1 do pref .. 60 64 81 1 Inspiration Cop . 01 01 61 Interbgh-Cons Cor 0 0 0 do pref ... 57 57 67 Int Harv Corp ... 70 70 70 6 Int Mer Marine .. 27 27 27 do pref 81 82 83 ... Inter Paper 36 so 30 Int Nickel 40 39 30 Kansas City South 23 23 2.1 do pref 55 8,1 81 Kelly Springfield . 48 48 48 2 Kennecott Copper 46 44 45 Lack Steel .. . 07 06 08 Lehigh Valley . 06 00 66 Lee Rubber & Tire 18 17 17 Loose Wiles Bis Co 17 17 17 Jf, T 101 101 1 1 '' 1 40 30 07 41 10 0 7 Louis & Nash Max Motor do 2d pref . . Mex Petrol Miami Con Cop Mln i. St L new Mldvale steel . Mo Kan & Tex do pref 13 Mo Pac w I . ... 33 do pr w 1 . . 88 do full paid . 03 Nat Con & Cable 35 Nat Enam & Stpd 40 Nevada Con Cop 33 New O. Tex & Mex 38 New York Cen.. 03 N Y Chi & St L 37 N Y Dock . . . 16 N T N II ft II ... 40 N Y Ont & West 24 Norfolk & West 120 North American Northern Pacific Ohio Fuel .. Ohio Gas . Ontario Silver Pacific Mall Penn R It ,. .. Peoria & East Peo Gas & C . . Pere Marq ct . . do prior pr ct Phlla Co , ... P. C, C & St L Pitts & West do pr Pitts Coal ctfs do pr ctfs Pressed Steel Car 137 120,, 137 8 47 30 01 41 10 63 7 13 33 87 61 35 40 23 23 03 27 16 39 23 47 1 30 00 1 41 ... . 19 63 7 13 2 32 57 .... 01 31 40 33 24 0.1 27 1 16 30 34 135 13.1 62 63 1 101 103 103 47 47 47 1 130 136 138 1 5 6 6 .... 30 28 30 1 63 8.7 0 80 31 60 31 74 33 60 80 110 78 86 00 38 08 01 103 108 103 Pullman Pal Car. .141 141 Ry Steel Spring. . . 67 86 do pref 96 Ray Con Cop . . 28 Reading . . . 90 Rep Ir & Steel. . . 93 ao pref . . . Royal Dutch 64 saxon Motors ... 20 St L S F 18 do pref 30 St L & So 32 Sinclair Oil 44 Seaboard A L pf . . 81 Sears-Roebuck ... 170 Savage Arms ....101 Shattuck Ariz . . 37 Sloss-Sheft I & S . 60 Southern Pacific. 08 So Porto R Sug rts 9 Southern R R ... 39 8.1 9 77 30 60 33 74 34 64 33 18 77 1 53 0 78 30 00 33 74 35 65 55 2 110 2 77 H 111 4 88 00 38 .. . 08 A 3 1 3 19 18 39 31 43 30 03 ID 1 18 30 1 33 43 30 1 168 160 3 101 do pref 67 Superior Steel ...49 Studebaker S3 do pref 08 Tenn C & C 10 Texas & Pacific . . 17 Texas Co 214 Third Ave R R . . . 22 Tobacco Prod pref 08 Union Pacific Un Alloy Steel 27 60 05 0 28 67 40 100 37 60 05 0 28 67 47 75 8 17 le 213 23 98 180 138 138 or tayt 43 ii 76 6 08 1 18V4 1 "K. 213 2 23 1 98 105 8 68 185 7 28W r1 87 1 183 1 OH 01H si Un Cigar Stores.. 105 105 Un Paper Board -. 38 28 United Dyewood . 68 68 United Fruit 135 135 Un Ry Invest ... 7 7 U S CIP&F.... 24 22 do pref 87 67 U S Ind Alcohol. . 104 162 U S Rubber 60 60 U S Smelt & Ref. 61 61 da nr St st u a oieei isu IZSS4 130 do pr. 117 117 117 Utah Copper Ill 110 110 Va Iron O & C. .. 70 " 62 37 33 30 93 82 84 16 4 Wabash do pr A do pr B.... ,. West Maryland., do 2d pref .... West Union Tel, Westlngh Mfg .. Worth Pump &M, Wheel & L E..., do pref Willys Overland.. 34 wuson uo ..,.,. 72 48 70 13 81 37 317b 87 03 61 34 IS 84 31 7174 48 70 "H 51 27 ... . 1 39 88 1 81 ?J t s y 32 J 71T4- J U.,5?.V,nuAbnb.fnl1ft.C0PMr- W Chsndlsr stares, compared with Sales in Philadelphia'' Net High. Low. Close, chge 10 Am Gas 114 114 W 1IJV4 .:... 200 nld Loco. 71 71 71 1 2 Buff ft S to 64 320 Brill J G.. 20 SO Cambria Ir 48 10 Cam Steel 160 300 Crucible St 87 80 Con Tr N J 73 2 East Pa. . 01 300 Erlo .. . 27 10 O Asph pf . 60 28 Ins CoN A 25 230 Lk Sup C 20 10 Leh Valley 68 10 Mldvale .. 63 3 North Pa . 00 471 Penna R R 53 10 Pa Salt M. 96 28 Phlla Co 31 144 documpf 3D 100 Phlla Elec 29 661 PUT tr cfs 29 3.1 Reading .. 09 20 So Rwy .. 20 238 Ton Bel .. 4 10 Ton Mln . 6 108 Uh G Imp. 70 84 28 45 180 80 73 61 27 60 35 10 68 03 90 88 06 34 38 2094 20 03 20 4 6 78 8494 I 20 1H 45 1 160 88 194 78 61 2794 1 60 W 2594 H 10 V4 66 Vs 63 94 00 V 88 06 t 31 H 30 20 29 7 08 29 94 4 6 79 3108 U S Steel 130 138 12974 H 8 Wcstmor C 70 78 76 9 Total sales, 7007 shares, compared with 13. 013 shires yedtrrdari thus fsr this week. 70,0.10 shares) same ierlo! last week, 21,049 shares IIONDS N't High ' Low. Close, chge. 81000 Bald Loco 1st 6s ...102 103 103 3000 Leh Val Coal Es. 103 103 103 W 9 3800 Lib Bond Wl ...100 100 100 5-50 0000 Phlla Eleo 1st 6s... 100 1009(1 100 1000 Spanish-Am I 6s 8000 Un Rwy Inv 6s., sooo York Rwy 1st Es .. 101 00 05 101 101 09 95 60 OS 1V4 Total aata, JJ0.500, compared with 6310,000 )ctcrclni thus far this week. M,400 same period lant urck, Jin, 500. Local Bid and Asked American Stores .... Drill, JO , Hurt & Susq do pre! Dildwln . . KIctrlc Storage tienerat Asphalt do pref Kejstnne Telephone do pref Lake .Superior t'orp Lehtsh NaMsatlon I.ehlCh Valley LthlBh Vallej Tr .. . 1I0 pref Pennsylvania I'hlla niertr 1'hila Compnhj do 5 ppr cent pref do 0 per c-nt pref I'hlla nap Tranelt t 1 Hearting . Tonopah Helmont Tonopah Mining Pnlon Traction Tnlted Oas Impvt fnlted Mates steel York Hattviay do pref Wm Cramp & Sons . , Today Yesterday nid Ask. Did. Ask. 30 SHVi 30 8654 'HV4 30 i7 20 r.-. r.7 61 5J 411 61 40 til 73 7JW 73H 74S 01 'I J4 01 02V4 20 2J 20 2J r.n i so 61 11 11V4 13 134 t.J 68 62 S. in4 jo 10 20V4 77"-i 74 774 78J4 Ml (HIV? 60 064 224 22 224 4. 4 ill 42 424 ni'i r.34 r.Vi r.14 20 ', -'0 21's 30 314 .11 34 344 12 ai 31 31 1X4 81 30 40 211 29'4 29S 30 IIS4 tlN, (ISI D! 4 4U 44 44 (1 114 6 04 4! 424 41 424 78T. 70 74 70 130 1104 1204 110 II . 14 361 374 afl'i 37 82 814 82 81 374 New York Bond Sales 3 noon Am Airr deb 5s 1.11100 Ancln French 6s 31000 Am Forelcn Seo Ss 5000 Am Smel & Itef Co 4000 Am Tel conv 44a.. 154000 do conv 5s . 2000 do ct 4s 1000 Amer Writ Taper 5s 17000 Armour Co 44 s 10000 Atrhlson 4s .. 2000 Allan Co Line 1st 4s 20000 Halt A Ohio cv 44" High. Low. 1004 1004 uati vjs oi'I 1004 ns'i 87 88 9H son 87", SI 80 . 045 5s 01t '""IP OR'i 874 08 Hlls 814 S7 Last. 1004 113'i 04 U 01 1004 0R4 87 88., R7 so 4 SO moo n & O P I. E VV V 4s 80 .noo Hem steel 1st Dfl l"Js l"s lini hi-h -ii-a nv 1000 II C It & N Ss lono Hnrdeaux ns nooo Can Govt 6s 1021 . . 0000 Cent Leather 1st Us 1000 Chea & Ohio cv 44 s 7000 do conv fls 6000 Chi k Alton 34 s 50000 Chi II & Q joint 4s 01 074 nn4 70 80 47 014 14000 r Mil & St P rfd 44s 844 1 0000 no conv 4 . . . Ill 10000 do cv 44s . ... Ot 10000 Chi n I t P rfd 4s.. 584 400011 Chi K I t P In I sta 744 1000 Chic Union Sta 44 s 1)3 r.nno Col Industrial 6s . 70 1000 City of rarls fis . 014 1000 Con Oas conv 0s ins 1000 ruinherland Tel 6s 00 2M10O Corn Prod Ref 6s 34s 01" 6000 Del A Hud 44 s . 074 1000 Den & nio Or 4s . 71 7000 Dls Secur Corp 69 . nil 1000 I3rle tonv 4s Ser A 3100(1 rrenrh Rep 54 . . 3000 Oen Elec deb 6s 2000 Oreat Nor 1st 5s 1000 Hock Val 4 2000 Injlann. steel 6s . . 10000 Iowa Central 4a ... 7000 Interb Met 44 s . 000O Interb It T ref 6s . . 10000 Infer Mer Mar Os . 6100 Japanese 44 s . .. 2000 Kan City ho 5s .. roc Kan City 4a . . . 10j,- Knosvllle & Ohio 0s in, l.acka Steel Bs 1023 01 11(1 004 70 884 464 014 84 01 91 684 74 02"; 70 oi 108 06 084 074 71 014 544 084 1014 1014 1014 li- 1I4? !M-4 H'i 101 48 034 t'1 01. Ml 83 514 084 4 in no F 881. 47 014 84 01 01 584 74 024 70 034 108 on 084 074 71 054 644 IlhT .. 81 ..101 . 48 . 014 .. 014 . 01 . 874 80 81 81 101 48 614 014 01 874 86 83 1014 1014 1034 004 OW oo'i r.OOI T.nnlerte O.IH let.6e 00 7000 Lk Shore deb 4a 1031 004 4000 Long Island 5s 37s . 81 ' 2000 Lnuts & Nash 4s . 014 10-11 ISO l.ltiert-. llnnil w I 1'. 100 1-50 100 1001-50 8000 Met VV B Eve Chi OS 1I3' Vi UT 4000 Mllwaukeo Gas 4s . 00 VO SO 3000 Minn & St L 4s ... 484 8S0O0 Mo Pac w I 4s 004 2000 Montana Power 5s 014 2000 N O T & Mex 5s 40 16000 N Y C & II 34 s 70 4000 do 6s 106 6000 do 4s . .... 81 15000 N V City 4s 1058. 084 .toon An 44e 10A1 ...1014 8000 do 4,4s 1061 . .lOl-U 1014 1014 7000 do 44s May 1057 1014 1014 1014 looo worm mates iow ns in 1000 Norf A South RR 6s . 064 2000 Norf & West 4s . 804 flOOO do dlv 4s . 8A4 500 Nor Pao prior 4s . , 87 2000 do 8s .... 024 26000 renna gen ct 44 s.. 014 on 004 SO 014 48 604 0.14 40 70 on 004 so 014 484 604 054 40 70 103H 106 81 81 964 064 1014 1014 03Vi 004 HZ 844 004 074 . 804 864 87 614 044 904 814 844 III) 07', 41 . i"OH iot-i BO H.1"i 914 064 894 864 of 614 01 904 82 844 094 074 42 1Q14 OS"" O'l OOT4 OO .1044 1044 101 .1044 1014 104 .13I 1.184 138 "-ft . 97 ft l'2'fc 02 074 074 07 064 064 004 004 004 01 944 044 70 ,70 70 000 Resdlng sen 4s 1 ..00 South Pao cv 4s.. 4000 do rfd 4s . .. 11 000 South Pac cv 6s 2000 South Rwy 8s 5100 Third Ave alt 5s . nooo UHStROl . 21000 II R Rubber Is. . 1000 U 8 Steel S T 5s 20000 do rev 6s 10000 Union Pac 5s 0000 do 4s . . . . 8000 U K nt Q H & I 6s 41000 do 54 s 1018 00000 do 54 s 1010 81000 do 54s new 1010 77000 do 54 s 1921 1000 West Md 1st 4i Total sales, 62,73.1,000, compared with S3, 878,000 yeoterdoyi thus far this week, S5,613,,. 000s same period last week, $56,500, NEW YORK COFFEE MARKET NEW YORK. June 26 The market for coffee today opened unchanged to a decline of 4 points Trading on the call was active, sales amounting to 8760 bags The near months were easy, with a Bteadler tone In the distant positions. Yes July .... August September December January . March . Msy .. . Open High Low. Close, close l.PU 7 60 7 61 7 75 7 70 7 80 8 00 7 63 7 01 7.65 7.70 7 91 7.91 8 00 7.41 7 61 7 60 7 74 7 81 7 81 7.94 7 41 7. 02 7 60 7 74 7.70 7 84 7,03 7 50 7.6S 7 67 7.77 7.81 7.91 8 01 Extra and Red Cross by IVIanayunk Bank The Manayunk National Bank today de clared an extra dividend of 2 per cent and a Red Cross dividend of of 1 per cent, In addition to the regular semiannual dividend of 6 per cent. All payments are to be made on June 30. Extra for Central Leather NEW YORK. June 26 The Centrat Leather Company has declared an extra dividend of 2 per cent. In addition to tho usual quarterly dividend of 1 per cent on its common stock, payable August 1 to holders of record June 10. On December 30 last 2 per cent extra was paid on the Issue. Extra for Monongahela Traetion BALTIMORE. Juno 26. The Mononga hela Valley Traction Company has declared the regular quarterly dividend on the pre ferred stock of 1 per.cent, and an extra dividend of 1 per cent, payable July 16 ta stock of record Jul 6. Dividend on pre ferred stock was adjusted to July 1 by declaring two, months' dividend amountlni to 83 1-3 cent a share. mtyaUa Juw li I -' MM i """ y,;f. PRTCES ON LOCAL STOCK EXCHANGE 1 MOVE OVER AN IRREGULAR COURSi Total Transactions in Different Issues Are Not LarJ Steel Common Most Active ana sens juower. Six Fer uenc lor tau money n Irregular price movements ruled In the trading on the Philadelphia Stock Exchange today. For the most part the changes- in quotations as compared with tho final of yesterday were small While tho list was quite broad so far as the stocks were con cerned there was very little done In the bond division, and the total transactions in the different stocks was not large Even United States Steel common, which makes up the bulk of the trading on change from day to day, did very llttlo In com parison with other days. Up to tho last hour the total turnover In Steel was about one quarter as large as tho whole of yester. day. Tho stock was lower all through the day, and at one time It was off more than a point The trading In Philadelphia Rapid Transit trust certificates was carried on at a de cline all through the day, and they were the most active of tho home Issues. At one time tho certificates showed a loss of nearly CORN PRICES DROP AS LONGS UNLOAD Fears That U. S. Will Cut Ex ports and Curtail Distilling Hit Market Hard GRAIN IJELT WEATIIEB TTOnBCAST CHICAGO. June 26. The weather forecast for thlrtr-slx honrs follow! . , Illinois Fair tonight and Wednesdayt cooler Mlsaou'rl and VTIsronaln Fair and cooler tonlrht and Wednesday. ..... , , Minnesota and lowa Fair tonight! cooler In east and warmer In northwest! partly cloudy and cooler In the eitreme northwest. North and South Dakota Partly cloudy tonight and Wednesday I warmer, tonight and probably unsettled Wednesday night. Nebraska Unsettled . tonight and Wednes day! not much change In temperatures, Utomlng and Montana lair tonight and Wednesday. CHICAGO. July 26. Excellent growing weather, fears that the United States will limit exports and that legislation against distilling will materially curtail home consumption had a decidedly bearish effect on corn, which was weak to day At one time, however, thero was a rally, but tho market lacked sustaining power as longs wero discouraged over tho outlook There was plenty for sale on all bulges It was said that a "bone dry" law would nffect 45,000,000 bushels of corn, 60,000,000 bushels of barley and 2,000,000 bushels of rye. A report Issued oy the State Board of Agriculture of Illinois said that the crop Is backward, with its condition 80. Lot" advices, however, said that tho crop in the principal States was clean, free from weeds and In a way to respond excellently to the warmth of July. The high on July was Jl 67 the low Jl 64 and tho close JL651 64. agatnst l 67 H at the end yesterday The best on September was $1 48, the bottom 61.45 and the close l 457401.455s, compared with 11.48 K, yesterday's last price. The best on December was Jl 10. the low $1.06 and the final Jl 07 1.07, against 61 10H at the end yesterday. The cash article held well, Bhlppers be ing short In their forwarding contracts and bidding for all offerings Tho market at Liverpool was firm Thero was no feature In the wheat pIL That cereal declined after showing firmness. The whole trade was awaiting develop ments at Washington Advices from the capital received hero said that speculation In wheat would not be allowed, but that corn and oats would not be Interfered with The condition of wheat In Illinois Is sixty. The market at Liverpool was dull and easy, with arrivals liberal and export offers free. The best hero on July was yesterday's last price, which was $2,10, and lt closed at tho bottom at $2.09. The top on September was $1 87, the low $1.83 and the close lc lower than yesterday at $1 84 bid. The visible supply In the United States, according, to Bradstreet's, Is 21,544,000 bushels, a, decrease of 4,096,000 bushels for the week, and compares with 50,567,000 bushels last year. In Canada lt Is 21,058, 000 bushels, a decrease of 433,000 bushels for the week, nnd compares with 52,932,000 bushels a year ago. Oats finished lower because of splendid weather Exporters took about 6,000,000 bushels The market at Liverpool was dull but steady. Leading futures ranged as follows: Wheat Open. High. Low. Close. Close. July . .2 10 2 10 2 00 2 09 2.10 September . 1 80 1 87 1 834 M.84 '1.85 orn tnew oemery July September December Msy . . . Oats July . . September December .... beptemoer Ribs July ... September Pork July .... September 1.57 1.67 1 K4U 1.R.1 1 48 1.48 1.45 1.414 1.48' . in . in . A.I' , AVJL , a.l :-:x., :'!'j.. "; .i-s l.LUYj j.lUM i.UlYi L574 1.104 1.08 M.114 . 62 4 . 63 . 544 .21 40 .21.70 .21.70 .21.85 67 53., 544 21 40 51.70 21.70 21 85 624 63K on i H2T SZT, 21.10 21.10 21.10 21.30 2135 '21.75 21.40 21.40 21.53 21.55 121.82 T21.90 89 50 89 30 39.03 Bid. tAsked. SNomlnsl 89 00 189 71 39.20 139.05 LOCAL MINING STOCKS TONOPAH STOCKS Bid. MscNamara . Midway . . . . Mtipah Ext . Montana .... North Star , Itescus Euls. .10 .11 .10 .20 .10 .10 OOLDFIELD STOCKS niue Bull 01 Booth 00 Comb Fraction 04 Dlsmonfleld D D 02 Daisy 03 Oro .01 Sandstorm Kendall 02 Silver Pick 10 MISCELLANEOUS Artsona United 27 Nevada Hill 23 Teoopa Mining 28 Ask. .21 .12 .12 .23 .12 21 .02 08 .06 .03 .04 02 .04 .11 .80 28 .28 a point Some little activity took l In tho railroad shares In symnsts- J?? the movement In them In Wall street pS sylvanla Railroad was In some AtnSn but was unchanged In price. Erie, obS other hand, sold up a point. A full J2r gain was recorded In J O, Brill, J Monoy rates became firmer today sm 9 6 per cent call rate, which wa ,! urated by one large Institution yeiteiSlV became quite general This Is the hlrW rato for call funds since August, Hii i1 the majority of cases the notices to w rowers which will go out tonight win nuJi the new rates effective as of today b? Stockholders of the Pennsylvania, gaZ Company held a special meeting todgyiS, voted an Increase In the capital. Thj. h? crease was from $2,600,000 to 9S 000 Ota1 It was announced that the purpose of h. Increase was to provide funds for tr... development 2 J COTTON CONTINUES TO MOVE UPWARD1 Buying Is Persistent. Cornin From Commission Houses! Room Traders and Liverpool 1 COTTON riELT WEATHEtt CONDItiomS NEW YOnif. June 26 M,ht sestLa7 rains were reported In the cotton belt 2I morning. "SI . Tlie following temperatures were VAnM.., Ashertlle ,66! AblleneTrian Antoid oVlKstM City, 1 Irksburg nnd Itlrmlnsham, 72. Dei IT? I Fort hmlth. I'ensacola, Chattanooga?' Kkt vllle, NnstiTllle nnd Thomasrllle, 74i saSH f?r.IJttl?, Urk' Memphis. VloWe, TllffitJ Meridian. Montgomery and Atlanta. fiTiSM con, Wlfmlngton, Jacksonville Md ASrsl 78! Charleston. Savannah, Corpus thruT Galveston and New Orleans, 80. llu1,l I T,h'.rwaS,, M. 'Scn of . Preclollsthm J I Vlrksburg, .10 at rensieola, ,1 at ji2 gomcry and .10 at Corpus Chrltll. . """"' NEW YORK, Juns ! i Definite knowledge of only 1200 balei'J cotton being out on notice before the cos. Ing nnd the fact that the precipitation) ' the cotton belt did not extend . ... pected caused a comparatively firm tone st tho start July was down 11 points kS other months advanced 13 to 22 polrltgS Commission houses and room trades were tho leading buyers, while Southen Interests and New Orleans sold. Llverpoel took a moderate amount of th dlrttS months, and spot firms supplied those. . tlons In limited quantities. Buying u nsselBAn4 ? J1-I DIOtUIKi dts Offerings were very light during lhe,iM?. die of the morning It looked as thou oiaiicuug mil., accounts naa been, prett well liquidated on tho decline of yesterdij. Scattering liquidation brought out by ths direction of a few notices was readily il. sorbed and the market showed tncrsMlM strength around 11 o'clock on contlmirf buying by foreign nnd domestic trails la. terests. July made a new high record, selling 26.91c, or 95 points net higher, -while late months sold 80 to 88 points above bat night's closing figures. m Moderato southern selling and reallilsf sales promoting a set-back of 20 to 25 points In the early afternoon, only to be (a), lowed by a firmer tone on ie appeiratos of further trade orders, including a 6f mand from New York State mill. W& street and other commission house builitM was chiefly In tho form of evenlngup com, mltments j t... " iZ "E"1. '''!: Low Uit October ... 26 48 25 90 26 70 25 90 (M December.... 2190 26 17 26 82 26 1 Ml January 26 07 26 20 28.91 21 M jiarcn. . 26 80 28 40 27 00 26 81 Hall BPOt .. 26 50 Jjul Nearly Every Motor Car Built In the Untted States this Jfl Visas sn4 4 la 4. M ka m 7 0 BJ1U I. IB can Hit IBU iliVI II will be about 2,000 000 of thenv-, will carry some part or scctliorrll United Motors which controls the cerapsnleii manuiacturing Hyatt tteutr Hearings Klaxon Horns Deles' Electric Starters Perlmsa De mountable Rims Houx Wlrs Wheels Harrison ItadUUrl New Departure Bearings ltd Itemy Ignition. 40 Sales Increase Is recorded bv United Motors ' over last year and present earn- Ings are estimated to be at Its rate or about 0 a share. Send for detailed analytical report lust prepared by wir Information Department outlining zuture possiciutles. Ask for Report 183-T.T7. JONES & BAKER STOCK BltOKEBS Widener Bldg., Philadelphia -j Hell. Walnut 1690-1. Keystone. Race 2290. New York Chicago nattett rittiburia' .Direct Private Wirt) JONES & BAKER. Widener Blda.. Philadelphia. Pa. You may send me your report IBS T. P. M Nome Addrtss CUu State FRANKLIN NATIONAL BANK Chestnut Street West of Broad RED CROSS DIVIDEND Philadelphia, June 25th, 1917. At a stated meeting of the Board of Directors of the Franklin National Bank held this day, a special dividend of 2 ($20,000) was declared on tho capital stock of the Bank, payable Wednesday, June 27th, to the stockholders of record, at the close of business Mon day, June 25th. Checks for the dividend will be mailed to stock holders, and the Board hopes that they will contribute the amount of the dividend to the AMERICAN RED CROSS FUND. j. r. McAllister, President .. 1 4 SWfc -l I V f s
Significant historical Pennsylvania newspapers