" - j-1 I IWBW1T" li iiYtisY '"f-'--'-",J,. .. , ..sj - - - - - aW . . - - - . . II HIM I !! rpswr"1 MEM " mrww aeHltKl" : Mr V ? ;t& h-3, 1.. if. flf to'- I1 f$ fok m. mV WW 1, Mjiiwmv. .-rt ., v3". I.' 14 ' r1 4 EVENING LEDGER-PHILADELPHIA, FRIDAY, JULY 6, 1917 $50,000 CITY OF PHILADELPHIA REGISTERED As JANUARY 1946 PRICE. AT THE MARKET. TO NET ADOUT 3.977. REILLY, BROCK A CO. IIAMU'll 206 CHESTNUT ST. I'llll.AlllM.I'IIIA Bond to 'Yield Guaranteed Principal nnd Interest by AMERICAN GAS COMPANY Secured by Consolidated Mort. gage on property located in prosperous and grbwing section of Iowa. Applicable carntnrci for J916 ipproximatcly double interest requirement1!, v'llwut recourse to the RuarBitc of the Amci ran Gas Co pr?v Tax refundable n Pennsylvania and free from 2 Income Ta. 'Ve will be pleased to send, upon re quest, a circular containing descrip tion of this issue, and also a map of he property. Sonbright & Co. MOIII1IH VVIKTAIl STIIOUI) Jr Manager 437 Chestnut Su, f'liilnle'pV.a New lork Ronton ( liloisn Itftrolt London I'.irU 'Vllllam I" llunbrlght t en llinlirliht & o A Comparison of January &. July Bond Prices We have prepared a care fully selected list of stand ard bonds, with a com parison of their prices and yields in January and July of the current year. A review of the bond market shows that the pres ent prices of these issues' are unusually low Send for this llFt of prlro compnrlKoiis pi; l.'fi The National City Company 1421 Chestnut St., Philadelphia Nrw Yelk c hinfn Sin lancisco I'ltihtntrch AUTOMOBILE BANKERS Odor hh'U.11 tucilltleu tor In. dll(iual3 or uutumobllo ileal , rs tu llrmnce tlla ucqulreinant of ple.itura cam. for liusliicss houses lo flmnce the acquire ment of commercial cars or trucks It you are thinking of purchasing a car of any kind frr nny purpose the FIXM'.Y SYSTEM will make a '.letter business transaction for you REAL ESTATE TRUST DUILDINQ PHILADELPHIA THE HAVMMRS1STMG COMPANY TfiPrfS 1418 WALNUT ST. dlUUId PHILADELPHIA RflMnQ NEW YORK-BOSTON UUI,UU ESTABUSW0 1905 Morris Brothers Co. Eatabllohed 1833 Bonds for Investment Municipal and Corporation 1421 Chestnut Street rOCNDEU 1803 The Provident Ufa and Trust CmnpMy of Philadelphia For St years an Important factor In the financial Hie ot Philadelphia. FOURTH AND CHESTNUT STREETS FINANCIAL NEWS PRICE MOVEMENTS ARE IRREGULAR, WITH TONE OF MARKET UNCERTAIN Test of Strength Between Aggressive Bear Element and Representative of Various Pools Wide Fluctua tions in Specialties ' NEW YORK. July 6. There was a test of strength on the S'ock Exchange, today between the iiKsresmvp lir element mid representative of various pools, which entered into tlie market for the express purpose of protecting their stocks from bear Httacks. This made the mnrket tone uncertain and price movements irregular nil through tho day, with wide fluctuations In various specialties, and mixed changes weir- recorded as the result of the day's operations Important interests that have had much to do with determining tho market tone nntl directing prlco movements took Mule part 'n tho day's business, thoso Interests being determined Ho keep out of the market until revenue mensures now before Congress lmc been enacted Into law. l'or tho time vmlmih reports as to the sr-ope of the war excess taxes and ronfllot of authority on price living leave the situation of the Industrial ronrerns In n clouded condition, and rumors as to vvlmt may be done serve Instead of farts as market Incentives The shoit Intel ests In' Industrial Alcohol Indicated fears of a sriueozo ns the tesult of that stock ruling at 1-10 premium for itn use. After selling ns low as 1",4, this stock nilvanccd In the .ate afternoon to lfiD;. General Motors, cm the other hand, declined fiom 116'ii to 110. Chnndler Motors, which was one of the weak features vcstorrf.iy, when It sold ns low ns 07. advanced to above 78. imd similar declines mil rallies wete noted In nearly all the nctlvo Issues, United states Steel rotnntun, after dropping to 12514. ndvanccd to above 127. ,St. Paul sold down to Cfi, with tho drive accompanied by assertions that tho dividend would be reduced to n I per cent rate nt the end of the month. Later this stock milled about 1 point. There was nethe tiadlnt; In many bond Issues, especially tlovrmment recurltles The l.lbr. ty l.mn was mm nnd In better demand than It has been slnie it Imie i;rle bond" we-e weak and New Yotk Central tlt-hcnturc is weto in ujipK at i fra-tlonil 'e GENERAL TENDENCY OF CURB PRICES TO LOWER LEVELS IN DAY'S TRADING Ni:V YORK. July r, Mnnv of the war-order stocks fluctuated over a wide range, with the general tendenev on the Ilroad Street Curb to lower figures Most Interest was attached to Curtlss Aeroplane, which was a strong feature all through the preceding part of the week That stock opened nt 43 nnd diopped to 3D1 j, but had it quirk rally to 42'. The rights Mild at 2- to V,. Wright Mattln Altrraft sold at 9 to 834. Submarine Hont ranged fiom 31'J, to 31J. Aetna IXploslves becauie imminent breatise of vigorous liuvlng. on which the price moved up from 4T to !i. Sinclair Ottlf sold down to the new low record of 24. nnd Midwest Refining, which opened at 145, dropped to 112. L'nlted Motors, which sold down to tho new low record of 2.1 late yesterdav. rallied to 2". Cheviolet was weak. The mining stocks genernllv vveic quiet, Uuttp Copper and Zinc selling nt traded In at S7 and S7i Ohio Cities (laa new stock declined from t$ to 57 U . Tho mining stocks generally were quiet, Cutte Copper nnd Zinc selling at 10 nnd 9TS, Rig Ledge nt 2',i nnd 2 and C5reen Monster nt 1. INIU'STItl.XI.S 111,1. All) Reduction 8 Am Stores 31 Aetna llxploslvos Aid Am-Iirlt Mfg 1 Am .Marconi . iti, Am Writing Taper :tV4 Canadian Car Co an Can Car & l'dy pfd 10 'Charcoal Iron KVi Chevrolet Motors 01 Cramp 80 curtlss Aeroplane JiVi Cariven Tool I Hi Carbon Stesl . . .... 101 Diierwri Phonograph. . . . fiTi Federal Dye 10 Ilemlpe Manufacturing . Si Kithoillon Dronzs prcf Wi Lake Torpedo Uont .. . ''A Lehigh Coal Sales ... IS Lima Locomotive .. 51 Maxim Munitions . i Mirlln Arms Xevv York Shipbuilding N'oith Amor I'apci l'ttlp ntls i;ievator Peerless Motor Pooh Kiiglno Iteililen Truck Sinta Cecilia , . . Santa Cecilia pref S S Krcsge v I Serlpps-Hooth Stamlarl Motors Steel AIlo.vs Submarine St Joreph Lend Todd Sh'phulldlng . . . Triangle Film . Lnlted Profit Sharing ''1 rnlted States Steamship I '.'4 l'nlted Motors 3.114 United Sugar 31 World's r.lm ' Wright-Martin Air . ... 8T' 55lnc Concent SV4 hTAMlAllli Oil, Illinois in Ohio 23? Prairie Piiio jn; S O California 3.1H S O New Jersey ,1S1 S O New York 37S INDRI'K.MHLVT Oil. S Barnett Oil & Has. ... 3 Cosden Oil iy, Cosden & Co 13 Llk Ilasin 0 Keileral Oil 4 Inter Petrol ai, Hou'ton Oil 30 Merrltt Ol 355i S rln?r. Aked. (Sllel 00 81 30 f.'i t'i 13 IV. .. 4 .1.1 1.1 0 (II si 13", 13 101 0 91 43!4 13 103 111 32 IYj R0 .11 IV, imii:i'i:mii:t mi. stocks enntimird 2Vfc I)- lll.l 44 in ft ,T, 5 .11 .10 13 10 10 00 IS 10 30 20 ,l no 91 ion 3.1 loi. 1 1 Hi r,i, n 0 31 3H4 31', 1814 10 81 Kl SI ll lis tl! 20 30 V4 1. 0 3tt 311 34J 313 203 .101 281 4- 2.1 Midwest Itcf Met Petrol Ohio Fuel Oklahoma Itef Osage. Hominy .... Illce Oil Sapulpa lief Sequoyah Slnclah L'nlted West Oil... t Ml.M.MI AlTska Standard . . Atlanta nig Ledge Blgtiee Copper (a pros Butte Copper & Zinc , Butte Neu York . . . Ca &. Jerome Con Ariz Kmma Consolidated Klrst National (inldfleld Merger . . Coldflcld Cons (loldfleld Klorence . . ttolclfleld Kevvtinas . . lireen Monster . . . Hecl.a Mining Ilowo Sound ... Independence Lead Jeroino Verde . ... Jim Butler Jumbo uxtcnslnn . . . Magnate Copper .,, McKlnlcv-Darrneh 1 Magma Copper . . . . Mother Lode Mines Co of America Nevada Hills Nevada Wonder .... Nlplssing Ohio Copper Hay Hercules f-tewart Tonnpah Extension . . l'nlted Verde .". West i:nd Con White Oaks White Caps Verlngton 1 ciui Illil. Ankfil. (Sale) 113 11.1 141 1 IV, If. 18 30 fll OH 11i IVl 14 Vi to KiVi 10VA 'A "A lit 2.1 TOf,KS . . . 31 rocK 3V4 3. 13 13 13 1,1 0 8 14 41s 4Ti 13V4 18 30 3-1 H A .10 tl 13 8T' H'i II 1V4 18 .11 II 4C 42 30 1V4 2.1 BT's iiV 3 A 3 A 11 V4 m 3 I.". 28 .10 II 3 Vt 1014 Hi "H 3 if. HI 3VJ. 1 . .13 10 1.1 1 A 0 ay, 13 1 A 83 .1,1 , u 3 4.1 38 lli 30 IT. 7 M IK, 4 11-32 if, ,18V, 10 IA 30 ion 3U liiii V, 3 A I 114 83 31 23 21 19i !V4 IIO.SDS At'anta Clnriotte Bs ... on Bethlehem Rs D81J Cosden Oil 6h 08 Codcn h Co Gs o Cudahy 5s on Hrle 5s 01 New Haven 6s obm Russian Government 5i,s 18 uussian uovernment 6Us 8B Soutliern Railway 5a. '. oili Sinclair Oil C3 00 Todd Shipbuilding 6s ...100 N Y Cities 44s 1034 08 08 102 100 90 08 V. 01 11 88 O8V1 01 103 103l4 98 M . t 01 '.A ii 81 OITi HKND I'OK OUK MARKET FORECAST Hailed free HUGHES & DIER Mmtfs f rldlu. Xtork Eirhanc IVICm tiers j chlrnu ltnarrt of Trd 1433 WAI-tT KTBKBT LEOAL AOVERTISEIIE-NTS I KSTATB UP U1AKI) t TltOJlAs. Sg dcccai Lctttra lumnlry un tb atsivi cetat bavin ten aranlsj to Tilt: SP PHttADEU'HU. all wraon. IndtUied to tha aala mult art rMunted to makf paimrni, and hoa-r havlna- eiatiii to preaent th ma. VltlMHit delay at tbt airier f the ad Com EoirTaW CWitnut.tt l'hItadelpMa. . AM wfi, rrrias. WkJ!iJVIUm 1 ,' -aVWurSaWaaaaaaaBC'TnvataB.f'Alw.V'asa. Money-lending rates Mill vohk Call money opened lending and renewing at 3V, per cent high 3li. lor 2' j, last 2'tj. closed 2U513, ruling rate 3'i per cent. on the week, time money thous recessions of from ' to , per cent in good mixed Stock Uxchange collateral accommodations at the following figures' Sixty days, 44'i per cent , ninety days nnd four months, 4i'Q4,4 per cent; five months' trading at 4H per cent; six months 4j5?4s, per cent As heretofore, tho business In loans has been mainly on Industrial collateral The tranractlons have Included a fair amount of new business as well as renewals Call money was also easier. A fair volumee of dealings Is reported In prime bank acceptances at 4U 44 percent for Inellglbles, and 33 per cent for ellglbtes I'llILAWELriHA Call, 6 per cent; time, 564 per cent. Commercial paper, three to four months, 664 per cent FOREIGN EXCHANGE NEW YORK. July 0. The gold, Impor tations from Canada, amounting to Jise,. 500,000 In the present movement. Including today's receipts, were reflected In a fur ther slight Improvement In demand sterling at the opening of the foreign exchange mar ket French exchange, on the other hand, reacted to the lowest figures n several weeks and lire were slightly easier. Rubles held at about yesterday's closing levels, showing a net recovery of about 40 points from the extreme low record s Swiss retained yesterday's advances. Otherwise the mar ket presented little of hlterest. Quotations were- Demand sterling 4 75. cables 4,78 7-l; sixty-day bills nominally 4 72, ninety-day bills 4 70 Franc cables 5 79, checks 6 80. Lire cables 7 24, checks 7 26 Swiss cables 4 74 checks, 4 7S Guilder cables 41 U checks 41 H Pest3 cables 3 45. checks 2S 0-. HUDie cao.ro un. enrem riOT ortv, nii.U.I.,. -.Kl.. lit tl . ,ur llj" """lawn"'"." w..r, v.. -Ji 3. BANK CLEARINGS Bank rlrarlnju toda, compared with cor responding day luit two eara 1017 1010 lni.1 Philadelphia I11.I14S.220 I4MJ1.4H iaj, 1.. Poton JI.21ll.n0T 37.712 2M a? I?' IM New. York 007,S(I1 741 BOD 410 900 .14 nin sis S.104H01 1 .171 .1ll ,1.8s2 H8.I SsSSb?! ?JL??3.S,i "! ltnltlmor C'hkasfi St Uuls NEW YORK STOCK SALES i Net Itlah. !.ow Cloe chse. Adv Rumelv nref . 28 Alaska Old Mine. Alaska Juneau Allls-C'halmers Co 28M Am Agr Chem . Am Beet Sugar. Am Can . , . . Am Car A Fdy . Am Cotton OIL . Am Hide & Leath Am Linseed .... do pref . Am Locomotive do pref . . . Am SmAlflnff . . . do pref II2V4 tttV, JlSVi Vi Hi oVi V4 4 4 4 28M 38M, JStt Ve 03 93 3'.i V 91 )l 01 IS 40V4 48 48 M 10 1W 78 31 .11 I3V4 ISV4 I3V6 Vt 24 2.H4 33,4 J4 50 no o V 0V4 10 10 I0SH 10314 I03V4 103 1044, lOfty, Ve do prcf B Am Sumatra Tob Am Steel Fdy 01 H 91 V4 01 4 411 IS 43 1 10V4 70 10V4 Ym 121 120 120 101 mi 101 4-' 8314 o3li flSVe 1 40 40 40 . 31 31 31 I Mi 81 41 01 79 1814 19V4 '( 100 100 108V4 H" V 10J14 Mi II Vi 00 I 09 Ii 10 136Ve 134 131'f. Am Sugar 1I8M, II8M1 118V4 V4 Am Tel & Tel ... Am Tob pref new. Am Wool . . Am Wi it Pap prcf Am Zinc & Lead do pref .... Anaconda Atchison loo Atlantic Coast L.108 108 At (Sulf & W 1..101 102 Baldwin Loco Co 12Vi 10 do pr ' 99 09 Bait & Ohio .. 00 0V do nr 10 10 Beth Steel B . . . BrooklMi II T .. Brown Shoe I'a Butte & Sup Cop Canadian Pacific . Col Packing Co . Central leather . Cerio de Paico . Chandler Motors Cites & Ohio Clilc Ureal West Chicago M A. St P do pi of Chic ft Northwc 1 lH Chic It 1 ft Par v ' 31 tin full paid do C p p' ' do 7 p ( pf w I Chile Copper Chlno Cnn Cop Col Fuel & Iron Col Can ft Llec Consol (.as Corn Products do pref Crucible Steel do pref . Cuba Am Sugar Cuba Cane Sugar Den ft It 5 pref 13 13 Dome Mines . 11 M Distill Setur 3.1 30i, i;rle . .. 24 y, 31 do lht prcf 30 31 do 2d pref 28, 38 nkhnrn Fuel 34 34 Oen Mice Co 1 .10 lien Motors llfl'4 m Coodrleh B F 40 IIS. (Jranbi Mining 83', 81V, 81 II 40 IA0 38 0.1 84 18 .19 V4 II 01 108 1,1 (. . It, 70S, 31 ,1,1V4 .10 11 3A II II .19 30 I.18H 30 38 38 fll 93 ni 31 . 11V. 3T' ,19 M. 10 01 Vj Uli 108 V4 108 33 t- 01 1.1' j 1 92 31 1.116 .18 10 on lot 108 3.(1, r.3 01 70S. Jl's 81 B 411 insvt ms msi4 31 33 31V, 01 97 91 '81 81 80 103 103 103 18,1 18.1 181 Mj 13 H '3 V, .11 00 10 -1 1 v 13 11 33 31 30 23 3 I '-! 3 I 1.11 1.11 III 14 3 in 83',; Cr Northern pref 102 tot 10! 1 ir North Oip subs .111', 31 !' tlulf State Steel 134 133 131 llask ft Barker Co 38 .18 Inspiration c-p 01 no Interb-Cons Corp 0 do pref . -11 ' Int Mer Marine 31 30 do pref 84 HHi Internal Paper 31 34 lnt Nickel 10 30 Kan City South 31 31 Kelly Springfield Irt 40 Kennecott Cop 41V, 1.1 Lack Steel 94y 03 1. n ft W pr 3ny, 3n Lehigh Vallev 01 01 l.ouisv ft Nash 131 13.1 Max Motor l do 3d pref . 39 3814 Mex Petrol 99 01 Miami Con Cop. It 40 M. S P ft S St M. 103 103 Midvale Steel 01 00 Ma Pac w I 39 38 do prcf . . 31 .1' Mont Power . .. 93 93 Nat Chem 31 33 Nat Con ft Cable 34 31 Nat Kn ft Stpd 39 38 do prcf no 00 y, Nevada Coo Cop 23 33 New O T ft Mex 31 34 N Y Air Brake 138 1.18 New York Cent 88 80 Norf ft West . 132 4 1 38 li 01 0 .1.1 31 84 3414 301, 31 40 44 0 30 01 13.1 II 38 98 II 102 00 281 .11 03 3.1 t I f3 1 4 I 1 4 34 1 30 90", IS'il 34 138 81 Northern Pacific . 09 Ohio Gas . 13.1 Ohio lias rts 00 Ontario Silver . 0s Pacific Mail . 38 Penni It It .13 Pco Oas ft C 1S Pere Marq pr pf ct 01 Pitts ft West 33 do pref 03 Pitts Coal cts S3 do prcf ctfs Plerce-Arrow 41 do prcf 01 Pressed Steel Car II Pullman Pal Car 140 Ray Con Copper 38 Reading 93 Rep Iron ft Steel "M 103 01 , 10 44 100 3.1 131 133 09 00 133 13414 00 .1 38 .11 1.1 03 31 A3 33 0014 .1 28 82 73 0314 31 '4 03 117 lllni I 41 90 11 r t'4 4-1 t - .13 41 -I 14 nn 1 14 1 138 13 31 311. 93 90 103 04 10 43 -t DIVIDENDS DECLARED .' United agar store- regular quarterly of 2 per rent on comn. ... stork, pa sable Auuet 15 to etnek of record June 27 "1 " nrown Shoe Compan) .regular quarterly of tl 1.1 per ehare on preferred stock : nvhi Auau.t 1 to atock ot recerd"uly 21 " payable Chicago IU hvaia annual of 8 per rent, on erlea I nartlrtnatlnn ...!,.... rii.-V. '".V" guet 1 to ttock of record July 1 """"" Au' c'liiett & Peabody Company, regular quarterly ?f .l4ry,r nt .n common itock. pajabfc Auguit 1 to holders of record lulv 20 ' uu.i Centennral National Hank, regular eemlannual Julv o!"- 4"able July 10 as rVglatVwd Sout'hwe.tern National Dank, regular em annual of 3 per cent. paable oti demand. NEW YORK COFFEE MARKET NEW YORK. July 6. The market for coffee futures opened quiet this mornlnn at a decline of 1 point. Sales on the call amounted to 1750 bags, December and March being the -only months traded In. roaay-a Yeaferdaya do pref Royal Dutch Saxon Motors Sinclair Oil . . Sears Roebuck Shattuck Ariz Sloss-Sheff S ft I 51 Southern Pacific. 93 Southern R R . Standard Milling, do pref . . . . Studebaker Stutz Motors Tcnn Cop ft Ch Texas & Pac Texas Company do rts Tobacco Products 00 00 Transue Williams 43 43 Un Bag ft Pap new 85 85 Union Pacific . 13314 133 do pref ... 80 80 United Alloy Steel 4.1 45 United Clg Stores 105 105 United Paper Bd 30 30 3 30 88 85 38 39 11 13 93 91 103 01 19 43 in. Mi 10a . 3 35 3.1 .11 01 30 . 88 3 81 3 51 1 38 I 17 3 .17 01 3.1 88 85 .15 38 11 13 313 2I1M 313 3 24 31 23 00 43 3 85 I 133 80 4.1 101 30 United Fruit United Ry Inv 1 7 do pref . . Id 10 U S Ind Alcohol 169 154 U S Ind Alcohol pf.103 103 133 130 131 7 10 157 1 INACTIVE NEW YORK .STOCKS Following are quotations for Inactive stocks listed on the New York Stock Ex change nnd In which there were no transac tions today The price given Is the last previous close Advance Itumely 1.V Am Heet Hug pf 10 Am Ilrake h & P HiiS do pref 200 Am Can prf .. 101 Am (.nt nil 1 fd 91 vm i:tpr e Ino Am nide t. pf am Am l,r s .. ;!V Amer Malt ... 11H Am HuKnr pt lis Am Sumatra pref OS Amer Tobacco 193 Am VV. ,, n ,i , AMor t ' t-i e 32 Allan lllrm . Atl 1514 Allan ( A VV t pf BJ Halt ii.iio pret ?n Harrett Co 111 Harrett to sun re 114 llth 6tee... ,14.m Min meei pr JZll iirook un das.. MriiiiNi. i, 1, Cent feather.. I. ill A Al.nn CM A, AI..H 1 ..( CM 4Nft pref. 150 bluett I-bodv pf 110 Col ft Houth ... 27 Con One of Hall liiu ont an ire: 1 1 Con Int Oil Mm l?u t ontlnenlal Innur 04Vi t uba Am Sug pfd 103 1 ulwj 1 ine sug pf nu'4 pel l.nrk & Wp,i nm pen ft Wo Orande 0 Detroit IMIaon J, l , At prcf "n ' Ked M ft 8 la 1ilon Willi, me 11 clen C .m' 1 (len ciKiir Siorea 3s J n Motor pref . miii Hoorlri, 1 , ,, flulf Ktat.a Rti ' ' lt prcf .no ilartmHti Corp 1, Hnvnnn r:i,r .. 10154 llomrettike Mtn Ins Int Aarlciilturr . 19 nt lliirv NJ pf nil', ini.'r linn I urp 70 no prei Intl , k. , I int rnprr r,rrt , d" I'l, r ln ioui I', ni, i r. .103, .11211 ,o I.lg A .VI T pt. 115 l.ong lal tf .if tl 4i) loe Wllea fill 17 orlllard P Co . JD.1 llarkay Co 13fc do prcf 04 Mnnhattrn Rle 114 Msy Dcpt Stores IT Mex I'et pref nl'4 Mich ( ent 119 Mint) ft Ht 1, new 10 Vt St I'ftSH M Pf.l2 Mu Pa, i ut il f li 'I m Mont Pow nref. 112 Mo Kan ft Ten n do pref. .. . 13, National lliscult llis'i Nat Hlecult pref 115 Nat Lad 57 Natl Uad pref 1 10 J V Chi & Ht L,.. 27 S f C 81 I, 2d fi'lH . V Dock 111 N T Dock pf . . . 38 North Amn . . 00 Nor & Mouth.... 24U Norf ft VVeat Pf S3 )hlo Fuel 4,li Owen Mottle Mch 1)1 Pao T ft 1 20 Pere Mnrn ct. IN IVo ft Baal S I'hlli Co ..1'4 Plttr Coal pf ct 117 Pitta Steel pref.. 100 Prim bt Car pf lot (julr'ielher l wulrkellver pref. lVi ID Mil Uptt pref 9SH IteadlnB let pref 41 Heading 'Jd til .4aHRe Arm St I. ft S 1 M 1. S F pret St l,iiu'i ft S VV Seaboard A I, do pref Scare. Iloebuck n ! I'.lro S. . T St I, 4 IV pf ct 102 "'I III! II I 47 knll I tv b Mith (if -,1- Keok ft 1) VI u Ml cJ, t, . i,., 43'i !IS 17". 211 .''II 134 28 llii'.'i 207 S ft W .tie 111 I n lint; ft Paper 11 I n't CI pref tt'i nl'-il t)ciiod n'i C H Kvprrjs . 10 , Uu I,, ii ii,i4 I' H ltell Inn IV, C S Smelt ft Itef ' u s a 4 r.ef rf. 4n, Uelli-l'urKii Km 94 i) t M I .'.1 pref IDS VI1I Uvcr pill 112 iiii.Aorl,) l.'l', worth l'M Pf A 07 do pf II OH I New York Bond Sales 11.11100 Anglo-Frencli Is 31(100 Am FurelKll Sec (ilium Amer Sm ft in r 4s High 3' :, ml 'o Aa 02 S7S UN', H7 l.o 3 I M 1)14 I'lW lit! II.' (mo Amer 1.1 i It I7IIIHI ilo in lliilil Amer Thrrail 4a 7(1(10 Am. r Writ Pan ." iniiii Armour Co 44 MMUl AtrhHon 4e 4IHHI Unit ft Dili, 34 a 2IHHI tl,, ." .Kino Hilt ft o iivn .14" 2(i(iii liniukii ll.ip Tr 4 . . (I(ll)ll llll ." 1'i lx llllllll) tluild l,e HOIK) Can Cott ,le I'.ill "Oilll Cal (inn ft i:icc ,'e 1)11)1X1 iVtit I.Hthcr Ut .In 3(1(1(1 Chrs ft Ohio e 14 e. I (llll) tin ( nil) li I l Clil I n St i 14a I. '(inn Cbl II f. (J Joint I 2IHIU Chi ltu ".a I limn Cbl M ft SI P rfd 14 1 ,",IMH do torn le llinil do tv cell 14 a I2IM hi It I ft P rfd la . Kioil ilo ie ".llilil do 4 13IIIMI Co Imliiatrlnl 5 (.noil Col ft Smith let 4a tllllil do 44 s lnixxi Cll) of I'nrla lie 21x11) (Vrro de Paeco (W 4(XX( Del ft ll"d i onv .la 2)1(10 l),n ft Itlo !r la . Dion Detroit l-Mlon 44a. 11X11) Crle on 4 Her A 2000 do ronv 4a Ser D ,11(100 Iremh llepubllr .I'-ga 1000 (Jen i;ier ,ln .1 17001) Indiana Steel r, 7000 Interb It '. ref .1 loon Ini.r Mer Mar 0a 20000 Inter Paper .la fc 200') lap new (1 S 44 a l-.ool) l.iin Steel r,a 191)1 loon l.aclede rjaa let r,n l.'oon l,K Sh ileli 4a lull in mxhi Long leland ,1a M 9081OO l.lh II nl Wt 100 3-50 101 I 14000 l.yona II f)lS iuioi Met vv MlO" )il ol t ;ia in. llll NH SIS 117 S7 I,S ns'i IMS ml .i no, 78'. SK 1IJ4 llll. 1)3 H4S ')N, hnS 71 SI HIlS 774 N4 7S4 111 lll'l'. 1174 "II RJjfc 0.1, !ll)t. 11)24 1014 III 111 ion', 70'j lol 1)04 li 14 ins N7S IKS !)7S 87 4 HO H7J SIS mis N7 llH ; idS H1 HIS I'll", 7S' SK ll.'S HIS 92 kl IS4 MhS 7oS HI soS 774 HK4 784 1)1 lini'a 074 'J hjS vlS PUS N7 (,s IIN'i HIS 'III id'. HIlS 7a4 Hh HJ', 111'. MS US', SHS 71 Hi siiS (11 llll .Hi III"). 10IS 1014 H2vfc 111 HH4 7s4 HI ' !:'.' .(a i 711 .124 111 HI A, to"4 HI pill' HI inns 704 191 1194 DOS 3100 1 Mo Pae 4a .194 HOOD do 0 100 looo Vtontant Power .Is HI .1(100 N Orl Tea ft Ml ex ,1a Kl looo N V C ft II ,14 a 71) (11000 do (la - 1()IS 1000 do 4e. HIS looo N V l'll 44a 111(11 H7S .ll.onil do 4'4a Hull 11124 to-0 do 44a tllllil II7 1000 N V Con II It 44 s II41, looo N V Caa II ft P .', . UN'. OOliO N Y N II ft II (la Hd 1III0II N V Kn la .11 .'looo do r.N 2d HMlMl N V Tel gen 44 a II1S toijil Nor Pac w 1 Is II1S 1 oi Ii i do 3a . n.'S liino Ore Short I. 4 K7S 1000 Corn Prod Itef Co .la t)1'4 lHlioo Penna gen ct 44a.. 1)44 401)0 do 44 a 11121 . WIS H00O Pere MarouMto 4s HH4 looo Penna II II .Is loi'J 4000 Heading On 4s HO looo HeailliiK-Jerse Cent 4s HI looo Hepuh Cuba .la 1H14. H.14 1(101) Itwv SI Spas Is in2t.K.'4 510? St I. ft. S F njt (114 r-KI do Ser A (114 IK HO South Hell .la 'ill 20000 South Pnc iv 4s HIS 4(1000 do c ?a . D ', .loon South llwy 4s (id 4000 do r.s 07S .1000 Texas Co 0 llll 2000 Th'.-d Ai adj .Is .174 toooo I' S ltuliber Ca lots 1000 tTtah Pow ft I.t .la H9S ar.io u s s n oa mi 40000 L' S Rubber .1 MS 2.1000 U S Steel a f ,1s 10IS tinno do a f reg ,1s loo, 311(10 t'nlon Pic 4s HIS r.mon v k of o n ft i .is nin 430C'I do .14 a 1018 HOS 2fn I do '-is 1010 , 07 SOhooii do 34a 1919 new niS non do ,14 s 1021 HIS liioo weai wnore rer hs 2(100 West Union 4'js no'. 711 4 KIIS 1194 tioS SI) HO -.10 109 1 ..10 H IS HIS 111, .10 100 0.1 40 7') HIlS HIS 1I7S lo.'4 H7' H44 HH', HO .11 H2 91 , HI .VI HH) 1)1 til 71) .1JS HIS H7S 1024 H7 '. H44 HH', llll .11 iil's HIS i.-'S H74 H14 HIS H')S HH', mi4 no 91 014 1024 (11 014 llll HIS (IS no 97 S 101 '7 101', H9S 104 H.1S 1044 1014 014 'nil 99 A 97 119 S 9.14 HJ J1S lll'l HIS (i.'S H7S H14 HIS HHS HH', 1014 90 HI 914 HI24 111 (114 HO HIS 9s no 97S 101 374 101', MIS 101 R.1S 1014 10(4 014 0711 90S 97 99, 01S H2 91S ivta mr-irp tim TTTTS CITY IS BROADERt CHANGES IN PRICES ON DOWN SII Cramp Shipbuilding, Most Active of Local Isaue3, Sclfj Off 2 Points American Gas Warrants jl . ac New Low Mark While the stock market In this city today vas broader than on any day of the week there was no expansion In trading so far as the Individual Hocks were concerned Then, too, the price movements In the largo majority of cases were on the scale down, ns compared with the final figures of es terday. , In the afternoon Cramp Shipbuilding be came more active than It has been In some davs In fact this Issue headed the local list so far a liuslnos was concerned, but even at that only n little more than 050 shares had changed hands bv the last hour This activity was accompanied 1) a loss ..e n ..!.. I l).A nelnA tho stock Cdltlg Ul m I'llllir, III ,,,. ,,.v, ..- , , I down to 80 At this price It Is 12 points below the best of the year This decline vmih not accompanied by any news to ac count foi It l.nke Superior Corporation, which the local financial community usually l0oi,-' to liven up the trading on the horn. iT did not open until h e.. " H 100 shares appeared on the tana ., ,V n fmellnn In Ih. . I- "'. l H. ttapld Transit trust certificates ,oM .2 little, but the loss was recovered!,' the day " m riurlng the forenoon the market dui ,li clou MV Heflnll. ...I i ... . .". a't MB noon the cenernl lnHan,, i ( and nearly nil of the stocks which ou so nt lower levels In nil, tw enty.!tve! ? fcrent stocks and eight bonds had so?,, l (I1C IlliL 1IUUI a Renew ed wtaknesM devlontr. in ..l'I i!nH warrants, which sold off a full i pony's stock, on the other'hand vm,1 . l.nA.l n 107 t'nll..! t..-.. ' I t.....M ... .... imioi nuiies Sttelraul mnn moved over n imrrnw r.n,... .,. .(1 ' "' ail Ol) Sales in Philadelphia 107 Ilvv 3.1 14 101 Close 30 Net (hge ', Hi 71 HH 20TJ, 10.1 191 UK. jiooii .. t401i T3014 20H 201', .. til tioo 07 sou 07 S014 00 10 241i 2314 19 oi 2214 ,10 0014 23 90 30 29' 29 92 4W 01 soil t73 4.12 01 H 1H 14 -I li 103 38 li UOlj, July . . Auzust September October . . November December January February , March . . April .... May openlni l.ad 7.83 7 70W7.TB 7 7507.80 7.SSO7.01 7 wes.qt 7 437.45 7.H2W7.1S 7.27.1 7 03 7.00 T.97.70 7.,47.73 7.S06 7.X1 7 Rft7,R7 7 1 6 7.92 7.8.1 O7.90 8 0108 02 and Kirk- Sugar Futures Oulet NEW YORK, July 6. The market for sugar futures opened quiet today and 1 point lower to 1 point higher, with trans, actions on the call amounting to 780 tons. There was nothing In the general situation ?.. eae "relr,e Peratlpns or? either side The spot market was quiet and rather unsettled, and generally Jn favor of buy ers, with offerings In the various positions attracting but little InUreit, During the early, trading on. the exchange Buropa.n interest teemed to have eontr4: for seutvwun a, uiiw nuMKjft. hi evMeaMi 3814 87 14 . 12l4 12814 .11714 U71i U7H . .109o4 10814 108T. . 10 10 10 41V 4tl4 4114 08H 40 SVj 20 94 40 114 48 lsy. 33 46H 30 684 a 8 "K. 94 6814 40 2014 04 -1 U S Rubber U S Steel do pref Utah Copper Utah Sec Corp Va Car Chem Va Iron O & C. Wab,ash pref A do. pref B. West Maryland West Union Tel. Westlnghouse Mfg 80 West Pac It R .. 1!4 do pref t 43 Wheel UiD.. . 16 do pret 3314 White Motors 4014 Willys Qv'erland.. 81 V4 Wilson Co. 60 do pref 103 103 ios 1 Ex dlviaenae international icxei, 14 per cent, inirrnaiionai .i..i.. inri.riru, -,, per cent Ki.innl f.ead. 1 tier cent: VV ells.Kamo IL . centl Nevada, tli per cent, Montana Power. '4 cent extra: Traneue & VVllllama. tu na. centl Nevada Com. 13 tentai Nlazara Falla Power. S per cent: Duh Terminal. 2ft per cent and 214 percent In atotU. United statea Smelt Ins and KeOnlns, l'i per cent, United Utatea Smeltlns and KeOntnr preferred. per cent. 8814 40 S314 Ifc SO 14 14 H 40 1614 45 14 18 3314 tli 4614 31 ty 09 Per nti per lllch .11 Am Stnrca 30 2.11 Ainll.f) war 3 2.1 Am (las Am ttvs pf 22.1 Halt Loco, do pref.. . II & S t c. do pref. . Drill .1 (1 . .10 Chill Cop . Cam Iron 'am Steel 20 Chic Mil & St V. .. 00 Crucible Con Tre N.l I'.itawlss.i 1st pref 111 dec Slot fll loo n.iMon (c Amboy RU 20 20 llrie 24 V, 200 Plat Sec . 22V4 C Asphalt . . do prcf Ins Co N A . . Key Tt'tc . . do pref . . . .100 l.k Sup C. 10 I,eh Nov . . . . OS l.eh Valley. 02 319 l.eh Val Tr 23 II Mlnehill . 80 410 Midvale... 00 .10 Nev Cons. 23 North Pa . . 191 P.t II R 82V, 13 I'a Salt M 00 10 PhlU Co 30 do cum pf . 10.1 Phlla i:iec 30 313 PUT tr cfs 2914 Hays Cons 10 Heading 92 So Hallway. 30 Ton Bel 414 Ton .Mining . . 10 Union Trac 42 88 Un (J Imp. 18 .1 Un Cos NJ.210 .1148 U S Steel 121 Welsbaeh SI Westmor C 16 8.1S Wm Cramp 82 ! York Ry pf . tQuotatlon given is vestcrday's close, 110M1S Net High Ioiv Close, chge 81000 Am IS & K 5s 01 91 Ot 1 2000 City 4s '43 10014 10014 I00V4 y4 1000 do 4s '14 10014 10014 10014 li Ulec & Pco Tr 4s... . .. t78 Lh Nv ens 415s t98 .. 2000 l.eh Val gn 4s . . ;. 84 84 81 14 3000 do cons 4 '2s 2003 9614 Ofll, 00 Vfc 1000 do Coal 5s 10214 1024 10214 .. 2000 Penna Co temp ctfs 4',s .. 0114 0414 9414 .. 2000 Phlla Co cons 5s 80 89 80 .. 10300 Phlla nice . 1st Bs ..100 10014 100V4 9000 Heading gn 4s .... 00 00 90 Span-A 1 6s . . . . tlOl U Itystc 4s .. t73V4 .. York Hj 3 st 5s . . . . 0514 . . t Yesterday's close INACTIVE I'HILA. STOCKS The following are quotations for stocks which did not sell today, and the price given Is the last previous close: Ame n.wa pref 01 Ke atone Tele Amer Won a .11 Kevatona Tel pf naiowin i.oco pi 11m-, iiiinenui vjurrvji, r-ttivjjus UP ri cm rjii jlo U1N ItALLl western uelt Forecast Turi Mnrnet firm Alter Ueporij of Texas Drought , NKW YORK, Julj $ tiusincss was on a fairly large m!j, tho opening of the cotton market i. v lth tho tono steady nnd prlcea HeeiuH to 10 points, due to the fact ts.i .3 42 1714 210 12514 1-17 til 76 16 80 80 37 20 2114 2214 N014 00 .M 13 0.1 19 70 .. 0114 14 23 80 14 0014 23 9014 .. .121', li 00 30 31 .. 20T4 14 20 4 11 2814 . 02 214 20 .. 4M. .. 014 42 78 216 LONDON STOCK MARKET Securities in Fair Demand as Invest ments Americans Are Weaker LONDON, July. 6 A fair demand for securities for Investment was noted on the Stock Exchange today The feeling re mained confident and the markets In the main were steady with domestic Issues tho best The gilt-edged section was hard on the payment over night of 5,500 000 In divi dends by tho Government Sales of Treas ury bills, however, continued heavy Al lied bonds vvere'better In spots Americans vere weaker on the decline at New York and Canadian Pacific lacked steadiness also Home llnc3 were buoyant again, but Argentina, tails rested and were easier Brazilian rails were firm Under the lead of shells the oil group were cheerful. The mining department was slow Rubbers were heavy on the definite refusal of Chancellor of the Exchequer Law to make concessions in the excess profits tax. Cotton Buyers and Sellers NKW YORK. .July 6 July Martin and Cone bid: Parrott and Orvls offered. October McKnany. Mitchell. Waters. Kreemrn and Wilson bid. Schlll, Brooks, Downs and Lehman offered December Sternbacher, R Hubbard and Burnett bid ; Schlll, C. Hicks and Hyman offered. January Martin. Mitchell. Sternbicher, C. Hicks, Lee,' Filnn and Wilson bid ; R Hubbard, Parrott, Sellar and Lerman offered ' March Watklns, C Hicks, Hentz," Andros bid ; flifford, Lehman, Kelffer offered. May Wilson, Downs, Freeman and Low ensteln bid j Wachsman offered Prill J o . 20' nurr & sua t c m; Kurt & Mueq pf 49 , Cam Iron .. 4l ram Steel . MO Con Trao N J 73 Catawlssa 1st vt 02 Oen Asphalt . 2014 do pref . . . nil Ins Co of N A 23 North Penna . PUT Phlla Co . . do turn pref Phlla Traction fta Cons 'outh Itwv Tonopah Mln i Welibtch . .. York itwys pref. 43H 01 noil joii 29Vt ,1ii 3S, 70 2Nl, 20 OW 44 37 Financial Briefs J (lrougni in Texas nas not been rlle-M Liverpool, some commission hou., .H New oilcans were good idlers here, tfcJB loom traders and Keveral commission 3nS purchased A private dispatch sent fiom Texiif the pieclpltation on Thurvdav and urn. said that the Stale must have a tu ruaiwiiK iuiii ur me friip win lie a fillm ini-i neiu inc nittrxce 111 cnecK 10 1 nmeiHuie I .icill i The weather map today showed i). there had been scattcied showers eaKi tne .iiisiipsipin iuer 011 1 nursaay, fcfl in i-iiJiuiiiuii ,ia icuuiucu in me neatly Southwest, where It Is badly needed, t was clear there this morning Later a rally carried the market tb 19 to 20 points net higher Liverpool sccntf to be the chief seller at the opening, m as soon as these offerings had been sorbed, the market turned firmer oa to western belt forecast for generally fu weather and doubt as to whether the rilp leported yesterday had been sufficient 0) tne advance, tne market met lncreaedt ferlngs Around mlddaj October after hi Ing rallied from 24 43c to 21 72c, brolik 24 47c Offerings were again limited in tin if noon, nnd a moderate demand from tni and Wall street interests found nuicli iv sponse In an advance to 25 07c for Octote and 25 18c for December represents 1 rise of about 50 points from jestertUri cloe I Juh September October . December .Tanuar March . VI ay Spot Yea'rtaT'a c I010 . 21 77 , . 24 fill 24 un 24 Ml 21 Ml 21.40 Open 24 Oil 24 .lit 24 41 24 0(1 24 73 24 Hi 24 9.1 It no A.. VI 2.1 17 21 73 24.M 1200 1M 31. fl 24'i !l 24 78 Si ,. .4 ii Coke Production Lower for KaK Ye CONNKLLSVlLLn. Pa July 6-D largely to an Insufficient car supply, ei production In the Connellsvllle district r the first half of 1917 was 2 400.000 tooln than during the first six months of 1)11 accoruing to UKurei aiuiuunceu luua;.,!. total production for the first halftlOjl nrnHcnt venp l pfitinmted nt 9 547.tl!tncl! If the same rate of decrease Is malnoint It Is estimated that the ear's prooKtl viil be from 4.000,000 to S.OOO.OOt tra below that of 1916 Steel Market Unchanged PITTpBURCm. July 6 The general sit uatlon In the steel market shows no change. Steel mill .managers are endeavoring to as certain 'definitely what action the Govern ment will 'take with reference to the pro. posed distribution of heavy tonnages of va rious Jjrpe of steel and its product.. The coke market Is not well defined, but appar ently la as strong as early this week, when galea o spot .furnace coke were made at llti B0 anu " The Philadelphia Trust Comiany is dis tributing three booklets which should be v ery Interesting to Inv estors. They are "Legal Investments In Pennsylvania." "Digest of the Pennsylvania Law of Wills" and "Dying Without a Will " In June 172 business cornoratlons with total authorized capital of $13,757,000 were organized under the Massachusetts laws, an Increase of twenty companies and $1,263,000 In capital over May This represents a de crease of ten concerns nnd an Increase of $2,380,000 capital compared with June. 1916 The New York Subtreasury lost 12,163.. 000 to the banks yesterday, hut since Frl day last jalned "5.139.000 The following securities have been listed on the New York Stock Exchange: Bush Terminal Company additional J131.600 com mon stock, making a total listing of 5,510 . 100; Kelsey Wheel Company. $2,010,100 7 per cent cumulative preferred stock and $8,385,300 LOinmon stock, with authority to add $989,900 7 per cent cumulative pre ferred stock and $1,614,700 common stock In exchange for present outstanding tempo rary certificates, making total listings $3,000,000 preferred stock nnd $10,000,000 common stock; American International Corporation, $49,000,000 common stock 50 per cent paid up. More Gold for Spain NEW YORK. July C (Jold coin to the amount of $1,172,000 was withdrawn from the1 Subtreasury this morning for export. Of the total $942,000 is' for Spain and the remainder for1' South America . Another Gold Shipment Arrives "NKW YORK, July 5. Oold to the amount of $6,500,000 received from Canada (or the account of J. P. Morgan & Co. has been sold to the New York Federal Reserve Bank. This Ipiportatlon brings the total of the last three weeks to about $126 500,000 The Lehlghand New England Railroad Company secured apprqval of a capital Issue UI ,ii,uw W&PDELPHtA COMMERCIAL MARKETS A fiD 0THER: jgRf.t rmAttciAL niEws on fagkj " ,' 4wi Business News From Honolulu rpOMORROW'S Public Ledger will x contain a dispatch from the Ledger correspondent in Honolulu outlining business conditions in the Hawaiian Islands. , The Public Ledger now has cor respondents in Buenos Aires, Rio de Janeiro, San .Francisco and Hono lulu, all of whom regularly con tribute the business , news of their respective territories. Read, the Honolulu dispatch in TOMORROW'S PUBLIC i& LEDGER !..' lea im .'. ti.vuj&l&k - For the Investment of July Funds Wc are prepared to make offer- i niua ut wen secured uunuo - . lected from the following classes: Public Utility ! Railroad Industrial Government Municipal 9 At prices .to yield from 3V to over 6. Some of these issue are free of all taxes or pay their interest in full without deductiM for the normal Federal Income Tax. Circulars on application. . rtAXKEKS (Ettsbllshtd 1137) 321 Chestnut St., PhiladelphU PARCEL POST PAWNSHOP AT Qfld VINEJ Loans SI000 for 810 4 Print jour diamonds, nutrhei nnd J',,ln tho larcnt pawnshop In the nor to. Walter's Pawnshop, 904 VinsJ . novnrn tii tup. riTY . 2 EFFECTIVE JULY 1ST ' CLASSIFIED RATES Public Ledger or Evening Led? auAiB.UNB RATE FOR EACH .0."V THIS STYIAi TYPE (fr Ilka WW' One or two timn ,., ! irci units or more wuitin ween " u evirato words to ono line. rmmiMiinnM pate Public Ledger and Evening LedR&l One or two tlmn, . Three timet or more within week . LARGER TYPE la nrmllf1 In all .l...l,..llnn. XCePt ' and Situations Wanted. Lost and Vow& aonals. Boarding- and Rooms, at additional oi oc per line lor each line in me aaver""f There is. a drug store near your W- that wi)l accept Ledgeii want iJ office rates. , l LOST AND FOUND PAPERS Ut. packatre of papera Jttl -a ana uneamut to L'neamui 4 p. m. Addreaa P um !-. day. Office. UNO Lost, lady's star sapphire and aaw rlnr. rontalnlnc one atar diamond ."'fl? with dlamonda mounted In plant Inn "35 eral reward. and Juniper J, U Caldwell I. Co. HELP WANTED EEMAlSJ it Inn Itila aavn .-iH ma. V 13 !- U1JIL8 milmU in lnty, .AppI? Jjl,1 OlRi.H (o wrap anf Vox Mf tW 1 rood by Annlv 1UT8 Pr&nkfoKl ftrfJT OfniU to aitUt purr" Ilwn MryiTiSf tr&J&'i H01KCjlSii( , - mmmmmlMBmmWtkXILM T" :'! - XWammmw9mWmlmWm&xJt MSlJ&BmmmmVQmBBB&WfKMs. . .-
Significant historical Pennsylvania newspapers