RHISI IRS V ' -"f" Wvi - .y.atvu . ; r,7 . g mTTpTnypiP. OF STOCKS QN EOGAL j EXCHAJNliU B unvoyjtxuux'imAhl tt'v T ' 1 ', ''V . . (BILLY BROCK CU. llllllfll FINANCIAL NEWS v V 4 h'Br' h. ', C INVESTMENT SECURITIES GOVERNMENT- MUNICIPAL RAILROAD , ! AND - PUBLIC SERVICE CORPORATION 'BONDS ' 3M CHESTNUT STREET t rillLADELrUIA ABSENTEEISM HITS WALL STREET AND' TRADING IS WITHOUT FEATURE Desertion of the Market Indicates Supreme Confidence in the Present Situation Bears Hammer General otors, but It Recovers Part, of Loss New York Stock Sates Mc High Points In Today's Financial News Wall street was desertqd nnd the trading was without feature. Curb market was quiet, with independent oil stocks attracting most interest. Corn closed higher and cotton lower. Foreign exchange was dull. New 1 ork bank statement for week showed big increases in average and actual loans and big decreases in the average and actual surplus. Clearings for week ended today showed a large gain over last week and a gear ago. liar silver was unchanged. Short Maturities We have n splendid lit of sound securities with maturities varying from eight months to three years which we nre offer ing at attractive prices. We shall be pleased to furnish detailed informa tion concerning them. -Bonbright & Company MORM W!Tn STROtTO. Jr. Manager 437 Chestnut St., Philadelphia nton Chicago New Yttk London William T. Bonbrllht A Co. llonbrlght A Co, Detroit una Charles J. Bender & Co. INVESTMENT BOND Members rhiladtlphla, stock Eirunt NORTH AMERICAN BLOC. Itf u Klf ,f '. ' . .V l ft ' ..lit SS 4f LKOAL AUrEKTISKMfiNTft iKSf- ESTATE or ANNIE 8. WILSON'.. DJ2. 3 teased Ltten testamentary on the bore eatate havtnr been granted tn TUB FROVIDKNT L1FK AND TRUST COMPANY OF PHILADELPHIA, all tieraona Indebted to the- aald eatate are requested to make payment, nd thoee having clalma to present the aame. without delay, at the office o( said Company. 409 Cheatnut at., I'hlladelphla. ASA S. VINO. President. S ESTATE OF MARGARET MORRIS W& MOON. Deceased Letter teatamentary on the above eatate havtnir been (rranted to TUB PROVIDENT LIFE AND TIIURT COM. PANT OF PHILADELPHIA and MAKV A. OII.BT. nil persona Indebted to the ajld eatate are requested to make patment. and thoae hav ing claims 10 present mi at the office of aald Cntimanv Mii U Philadelphia. , without delay. 400 Cheatnut ASA B. WINO. Pr-aldent. dibkctorv of ,rco iwta nth Certified Public Accountants H7 u iv &; nx LAWRENCE K. HltOWN A CO. Idtn REAL ESTATE 1KUHT IIUILDINO XNVKSTIUATK ANO ADJUST PMITNKHHHIP. CORPORATION AND DISPUTED ACCOUNTS DUnSa 6 HPEAKMAN TUB IIOUHSE RAILROAD EARNINGS CANADIAN PACIFIC 11117 Increase First week of August.. 12.11311,000 1120,000 TEXAS AND PACIFIC first week or August.. 1370.3.10 $21.1112 rom January 1 12,373,853 1.S42.311 CHESAPEAKE AND OHIO Flrat week of August.. 1033.092 170,030 rrom January 1 S1.412.S8H 1,082,357 8T. LOUIS SOUTHWESTERN Tuna groa tl.81T,.174 1338.143 Net 371.107 20.'. 164 Surplus ....... 210.53t mi sun Twelve montha' gross,. 1n,hD,iiitl 2,B,'i4,rio Net..... 4,051, 17H 171021 Burplui 3.4t0.2llb 2.172.753 MISSOURI. KANSAS AND TEXAS Tlrat week August .11,fl0o JMB.RRn From January 1 2S.DO.H.71.-. 4.403.603 CHICAOO. INDIANAPOLIS A IX1UI8VILLE Flrit week Animal.,.. llSO.Odil 120.134 aiDm JKIIUWrj' it...... U,ilUlUI '.Decrease. 502.440 LOCAL MINING STOCKS TONOPAH STOCKS Ht m m T1I.I Jim Butler so MacNnmara ,12 lldway 11 Mlipah Extension 12 Montana ..". Ill Northern Star 10 Rescue Eula 10 GOLDFIELD STOCKS Blue Bull 02 -Booth Oil tilamondfteld 11 II .02 Dalay 0.1 Oro 01 Sendetorm Kendall , 02 Bllver Pick 11 MISCEL'LANEOUS Arizona United ...,i....., 28 Nevada, Wonder ... 2H Tccopa Mlnlnr .20 Asked .H2 .in .1,1 .14 .In .03 .S .03 .04 .02 .04 .12 & NEW YOIUC, Auk. 11. " Tho one Rtrlklnc fcatiiro nt tho end of the week on the Stock nxchanfio and In the Wall street district wiih tlio pronounced nbncnteelmn. Urokcrs' ofllces woro deserted, and In banklnc establlilimentH tlio forces In nttondanco were tho lowest that' have been seen ninco th days of the closlnR doMl of busi ness In 1914, This desertion of tho market was slKnlUcnnt of supreme confldenco In the present situation and the lmmedlatu prospect. No one In the Investment or high speculative- class was In tho slightest degree unrnsy about prlce-IlxInB or excess profit taxes. The mass of real security holders oro so well satisfied with conditions as they are and as they believe they will bo that they wero perfectly content to leavo price movements In tho hands of u small group of professional speculators, This professional element hammered and raided Clencrul Motors, In which they found a vulnerable spot. They wero successful In making It sell down from 108H to 105J4, but when they tried to buy tho slock back the prices rallied to above 107. Another group of bear traders offered down licthlohcm Steel "li" at the opening to 115, but when they started covering tho prices quickly rose to above 117. Marino preferred was bought, by tho samo Interests that forced It to Its high record on Its previous upward movement and tho Idea prevailed among thoso watching tho trading that It w.is In shape for a strong opening on Monday, United States Steel common was left to take caie of Itself, and, although It yielded a fraction to 123',;, it soon moved up to 124. Vnlted States ltubbor was In demand from Inside sources and rose more than 1 point to G4'. There w.is more vigor shown In the bond market In the half day than In tho stock market. United States Itubbcr 5s were actpi-ely traded In nt !3 to 83ft, and there was a fair amount of business In Anglo-French 5s at 93 to 934. Liberty Loan bonds ranged from 99.G8 to 99.04, with larger transactions at better prices outsldo of tho nxchaiigc.. CURB TRADING IS SMALL AND MOST PRICE CHANGES ARE FRACTIONAL NEW YORK. Aug. 11. The trading on tho Uroad Street Curb was quiet and of tho usual mid summer half-holiday character today, with llttlo activity shown on either tho buying or selling side. Fluctuations in most stocks were confined within frac tional limits, but there was an evident accumulation of tho oil stocks which have been prominent In tho trading all through the week. Interest In these Issues has been growing at a rapid rate and business In them Is now ruling In larger volume than In nny other group. There was some liquidation by tho trading clement that had taken a posi tion on the long sldo and then followed the usual course of closing out contracts over Sunday. This caused fcomo recession from the opening, but the flight losres did not Indicate any weakening of tho market position. Midwest Ilefinlng sold at 188 and at 18fl, and Merrltt Oil langcd from 41& to 41. Federal Oil sold at 6, Oklahoma at 10& to 10U and Cosden & Co at lltt and 11. The copper stocks were nulct but steady. Among the sales were Butte Copper and Zinc nt 9W and 9, and Ohio Copper nt l-i;. A feature of the trading was the continued strength In Kverett-Heaney & Co., which sold nt 24. Air Reduction sold nt 98 and 99, Actnn at 6T and 7 and Wright-Martin at 12 to 11?J. Chevrolet was traded In nt 92 to 89. I.MiriT.VUENT OIL STOtJKS Continued INDUSTRIALS niii ::;K Air Reduction . . Am Stores ..,.., Aetna KxploslveB 6 Am-nrltlsh Mfg fl Am Marconi 2Vi American Writing Paper 3 Canadlnn Car Co 30 Can Car & Fdy pref.... 63 Charcoal Iron Chevrolet Motors 80 Cramp 73 Curtlss Aeroplane 40 Carwen Tool 1 Hi Carbon Steel 92 Kmorson Phonograph . . (yt Federal Dye 40 Hcndee Mfg 28 ICathndlon Ilronzo pref. . 1 Lake Torpedo Boat .... (M Lehigh Coal Sales 78 Lima Loco 53 Maxim Munitions 1 .MarllrY Arms lis N Y Shipbuilding 40 Nor Amer I'ap Pulp ... 4 14 Otis Klevator 53 Peerless Motor 13 Poole Kng 75 Redden Truck 14 Scrlpps-Uooth 7 S S Kresge w I 05 Standard Motors 1 1 Steel Alloys 7 Submarine 28 St Joseph Lead 20 Todd Shipbuilding 80 Triangle Film m United Profit Sharing .. yt V H Steamship ty. United Motors 23 United Sugar 34 World's Film Wright-Martin Air ijyf; Zlno Concent zyt Vea. rloe. Aeked (Hnlel 110 37 7 12 2tt 4 33 72 !) 01 8.1 40W lli DO 0 35 n 7W 83 87 Ml 118 47 4V4 60 15 85 18 23 100 12 284 20 83 1 'A 234 30 Tl 12 2 01 U 01 48 1M4 on 1 4 sy 44 7,4 jn 4 12 NTANIIAKI) OIL STOCKS Illinois 230 232 Ohio 383 .100 Pralrlo Pipo 280 285 Stand Oil of California.. 268 270 Stand OH of New Jersey. 60.1 610 bianu uu or .New York.. 280 2 INIir.lT.NllENT OIL STOCKS Barnett Oil & CJas u iij; JTj, Condon Oil n, nyt Cosdon &Co mf, ny 231 38(1 208 612 LIk Basin Federal Oil , . Inter Petrol . . Houston OH .. Merrltt Oil ... Midwest Ref . . -Met Petrol ... Ohio Fuel .... Oklahoma Ref Osago Hominy Sapulpa Jtef . . Sequoyah Sinclair Wd .... mi . .. . A .... 13U .... 19 4on ....180 .... If, .... 18H. .... ion .... 0 .... lltt .... 1 .... 2.1 MINING STOCKS Alaska Standard Atlanta .',., Big Ledge ." Blsbee Copper (a pros) Butte Cop & Zinc Butte Now York Con Ariz ' Emma Consolidated . . '. First Natlenal Ooldfield Merger Coldflcld Cons Ooldllold Florence .... Goldlleld Ken-anas .... (Jreen Monster Hecla Mining Howe Sound Jerome Verdo Jumbo Fxtcnslon .'.... McKlnloy-Darragh Magma Copper Mines Co of America . , Nevoda Hills Nlplsslng Ray Hercules San Toy Tonopah Extension United Verdo Vpn rlna. Ak(d (Sale) 32 10 1 11 8TI in 2 Mi an A 55 1.1 11 , Tl 81 sn Hi 23 40 30 18 2M1 1 T4 13 r West Knd Con White Oaks .. White Caps .. Yerlngton 37 64 1 iA 22 11 sn 13 n 41 188 1A ion 10 on " m jn 3.1 11 Ml on in 2H 1 .1 7 67 18 14 I HTl n Ml 2.1 52 41 23 !!4 Ml 4 16 2U 38 68 S 1A 21 11 on 41 180 A 104 0 nn Ml 133 ion 14 9 in 2 A 1 "in 23 61 40 13 65 23 noNns Ml 11 Bethlohem Bs Cosdcn Oil 6s Cosilen & Co Cs . . . . Erlo 5s Russian Goerhment 5As 73 Russian Cocrnment Gs 83 Sinclair Oil Cs . oi iona Shipbuilding 6s.... 100 081, 07 01 07 n N Y Cities 4 lis 98 95 75 84 102 08 .10m 101O4 Air Reduction to Change Hands NEW YORK, Aug. 11. It was learned today that a new company Is about to bo formed which will take over the entire nitrogen business of the Air Reduction Company. The details could not be ascer tained, but It Is understood the plan Is to i-fy , jnciuqe me preseni nitrogen plant and ' H .v. a -.-.. . ...... l,o iMUUKcn i-Lxt i nnd chemical business of the Air Reduction 'Si- K 5' Company. Lower Price for Steel Bars mY r PITTSBURGH. Aug. U Ope-hearth ij i it pjicvi, wi ttuju vw Du,u ui f uv a xon i,A! forrather early delivery, or J10 a ton below the prltfe prevailing previously. Billets Are reported to have been offered at as low as $90, mill, but no trace of any recent ales can.be found. The market for semi. 's1pfhl 8teel h" been exceedlngly quiet "e -i' fw Hvrnl t'elri j --J-T1 -'"" "" .irrj - j.Tranait Co. Pays Extra 2 Per Cent "',NEW"VOnK. Aug. 11. Tho New York "Kranalt Company declared the. remi... etruriy mviuenu oi ana : extra on awrta.l stock, payable October IS to stock fflBf Toofd September 21. v BAR SILVER "g$,'iXll,:,W "kh. ixjw. aaaiasaa an "."fcj ' i&ir T'-T. ft ' t A . --! .. .. L. ' i-" . ZZ Tnniemiii mi --".-'--II iA, , 99 Ur-vp.! V iuJt.. Vi fi .TOWt BUTTJCR AND EGGS '-.wnrrweKist.; r-yepa, -eii'iaai na ik-, CLEARINGS JUMP AGAIN Total This Week Is Greater Than Last Week and a Year Ago Bank clearings throughout tho country continue to expand. The totals for all clear ing houses for the week were $5,747,609,926, compared with fe,682,201.20 last week and $1,075,880,110 for the same week last year, fetalis follow: 10". ma. p. c. New York...$2.03,034,40 11,877.300.447 B0.3 Chlraro.,... 3TJ.302,UJ0 80S,HU,025 ..'? Ph.la3,.p,U 2.VM.12.1 ITllMrilW - .jM Al,.,if,(ua --37,9 NA.450.8J4 --i6!4 J.UBVUII, , ... , Kanaaa City Ht. Loula.w H. Fran... I'lttaburgh .. Detroit .... llaltlmoro .. N.,Orleana,, 175.48.1.UM 12U.512.941 107.018,027 .80,1)97.5.11 5ri,45H,52.1 47l507,H97 83 829.S47 30,200.145 S2,980,rUS --200 C1.401.KSH ..nrr, 40.428.11(1 --19.7 43.8SJ.llSH .. s.3 SN.ona.Dss n.2 18,039,022 07.M Seven cltlta, 6 daya.,., 14,217,110,490 12,852,121,029 47.9 Other cltlta. 6 day C20.018.941 475,204,018 80.5 Total alt cltlea, 5 daya... .14,837.183,437 18.827,3:0,847 45.4 day ".',,. BIO.4T4.489 748,562.50321.8 Total all cltlea lor week.. 15,747. 009, 920 14,075,889,110 41,0 CLOSING LIVE STOCK PRICES CHICAOO, Aur, 11. 1IOOS Ilecelsta, SyOO head.' "Estimated Monday, 80,000 head. Weak to 10a lower than .openlnr. Top, 'll7,25i bulk. fl0 20Of.90; llMht. .I1B.60Q1T mlied. 115.75 , 17.10; rleayy,- 15.00O17.10r roucC, htt.CUtf Vl&.OO. Bteady. Top, Jlow. Top. Financial Brief's : rl Awrr.Krteoelnfa. SflO heart 114.88. , . 8HKEP neeelpli, J000 bead. tlt Laraba. Ili.23, KAksAS CITY. Aujr. 11. CATTLB lleeelpti, 400 hed. Nominal. t . HOOS Hecelple. 1200 bead. Cloelnf, 156350 Commercial failures this week la the United States were 273, against 247 last week, 271 the preceding week and 27B In the corresponding week last year. Failures In Canada numbered 11, against 17 last week, 17 In the preceding week and 23 last year. The London Stock Kxchango .and the Liverpool Cotton Exchange were closed to day. The New York Subtreasury lost $3,855 . 000 to the banks on Friday. Application to list the followlnr securi ties has been made to tho New York Stock Exchange: Bethlehem Steel Corporation, 144,686,000 class 1 common stock. In tx. change for jiresent outstanding temporary certificates: Federal Sugar Refining Com pany (to bo restored to list), $J,J22,800 0 per cent cumulative preferred stock, and $6,077,200 common stock. Tho total Income of tho Chlno Copp.r Company for the quarter ended June 30 was 13,88,322, equal to $4.39 a share. This compares with' $321,969 for the Bam8 period In 1916, arid $2,006,548 In 1915, Sur plus for the period under review Increased $378,858. The Utah Copper Company reports for tho quarter,ended June 30 total Income f aj,o,Dii, or an equivalent of $6.60 I-ow. 4611 75tt B0V4 IS .m; W o4n on 14 Net etiae. Cloie, 47 7n v 89 $1 15 H. 134 Y 28A W 4n 70 n ?i 14TI '- HlBh. Am Can ........ 47 Am Car A Fdy Co 75 M Am Int .Corp.,.,. oon Am Ice Sec 13 Am Hldo & Leath 134 Am Llneed..:... t do pref m Am Locouwthe,., 70V4 Am Mnll liti. Am Smelting 100$1 loo. IWi - Am Sum Tob Co., B6n osn t Am Steel Fdry... 70n 10 , Am Sugar 123. 122 1MH ? Am T & T 3d pf. 03 OS 03 .. Am Tobacco 2ln 2HV4 3 Am Zlno & Lead. 231 23 3Vt U Anaconda 70 Atchison 09U do pref onn Atl Oulf & W I ..loin do pref ni4 Ilald Loco Co ... 70 Halt & Ohio .... !) lleth Steel 11 . . Canadian Pacific sn 37 n 91 SO oon in n ion 31 ni .Sales in Philadelphia 7n 00!)4 onn too till 70 .inn itsii .ison k 7.194 V4 09"4 Y onn V4 ion 1 om ' 70 oo Mi imn V ison 30V4 V 37n v o.m 7sn s'Ji non 3on vi mn v si n nni4 ' 33 n 1 son Yt 7in in 10 ann 37 03 n 7itn oon 2n n ion .11 oon 32 S 7in 10 S4TI 42 n 3,1 80 n 30 1011 100 1G 2 or, n 24'54 .. 38 V. 1.1.1 ionn 2 101 S3TI ao n IHTl 40 .1.1 n"!4 40 43 non 03 112 111 '.4 3 4 Cent Fdy Co Cal Packing Co. . Central Leather. Chandler Motors Chesa & Ohio .. Cerro do Pasco . Chi Oreat West do prof . Chi, M & st 1 . . Chic, It I & l'ac tc 33 n do C p c pref t c son do 7 lie pref t e 7in Chill Copper 10 Vi Chlno Con Con .. 3.H4 54 Col Oas & Elcc. 13V 42V 4294 Corn Piodurts . . 33 3,1 33 Crucible Steel ... Hl son IMj Cuba Cane Sugar. 3n 30 30 Del & Hud 100 Denver & It G pref in 10 Distillers Sccur .. 7i 2 i Krlo 24Vi 2 Hi Oaston Williams.. 38 38 (Jen Klec Co.... 1.1.1 15.1 Cen Motors . . 108 lO.in (It Northern pref. 101 101 do Oro nubs .... 33 33 Int Mer Mar... . 3014 SU'Vi do pref liS'Jt Bin Int Nickel .... lo 40 Inspiration Copper 5.1? 53 Intel" Cons Cop... 014 OVi Kelly Springfield . 4R 4.114 Konnccott Copper. 13 13 Lack Steel . . . . H0i)4 Oil Lehigh Valley . . 034 .T!i Llg & M Tob Co pf 112 lion Lorlllard I' pref.. Ill 111 Max Motor 30 2014 20 -li do 1st pref ... Off on no do 2d pref 23i 2.1 (, Mex Petrol w 9.v .l Mldvole .1714 57 n Mo Kan & Tex .. 0 0 Mo Pao 33 33 Nat Con Cable . 3.11, 31 New York Cent . 88 88V4 Nova Scotia Steel 100 107 n 108 Ohio (las 5014 fl son Pacific Mall 28n 28n 28n Penn It It 52 S2n S2n .. Pressed Steel Car. 73 73 73 Hay Con Cop 2714 27 27 Heading 0114 03 03 .. Hep I & S D 89 80 Senbd A L pref.i. 28n 28n 28J4 .. Sears Roebuck 108 188 108 Sinclair Oil 42n 42 42 Southern Paclllc. 04 '4 0414 din Southern It It . . 28 28ii 2814 do pref son l SO Studcbnker 8.1 n S2 S2 Stilt z Motors .... 43 43 43 14 sup steel 4,in 4sn 4.m Tenn Cop & Chem 17 17 17 y Texas & Pnclflc . . 17n 17 V4 17n Texas Company.. 188 18714 187 do rts 2014 20 2(in .. Tobacco Prod .... 7.1 74 7.1 1 Union Pacific ....130 130 13n Unl Cigar Stores, 12.in 124 12.1 .. United Drug 2d pr 87 8nn 87 U S lnd Alcohol ..103 162 103 1T S Heduc & Ref sn Sil SO U S Rubber 64 fl.in 1 94 do 1st pref.. . 107 107 107 U S Steel. . 134 133 123 .. Utah Copper ....loin loin K4n Wabash pref A. . . 40 19 ID 4- WeRtliiKhouse Mfg 48 1814 4814 Wheel & L K. .. 11 14-Vi 14 do ctfs 32 33 3214 Willys Overland . 33 3 in sin 2sn 1)5 57 .. n 33 35 8 n n Totlll Miller. 1?0.!!IM1 bline, nn,naul i..i!0i,.h?"M' 'erilayi thus for this 2J70 000 hhnreni mi me iierlod Inst week, 1,( 000 eharrn. n lth eek. Oil,. New York Bond Sales High. . 04 . VT, . IP2 . 1'74 1HI4 . fill, . H1' . 911 . UU . 04 ! Ill) .122 . 7N, M'i . H . 4.1 III! Low, Clone. l'.?8 l".T 110300 AnRlo.Prench 5s,... liiiiOO Am Kor Kec Sa . . 21)00 Am Smelt & rtrf 5s. 4500 AmertTrl 5a 2(lll() Armuur Co 44 14000 Atch sen 4a mmiii At Co Line let 4. . 100U Halt & Ohio 5s.. . 11100 llrook n T 5a mis.. 1000 Con (!ot Sa 11131... 4000 Cent Leather let 5a. 6000 Chill Copper 7a.. .. 10000 Chea A o cv 4Wa.., KlOll do 4Hi .... , ,. niioo do conv 5a. . .. .loon Chi i. Alton 34a .. 12(100 C II . o Joint 4a 20110 Chi lnd & W 4 10' .uuil u M c Ml ! rru 4 a, ...mm v 111 it i a r ria 4i lOOO do 4a 100(1 Col lnilustrlnl fia.... mini i-erro us I'aacn iih ... 0000 Ilia SCo Corp r, loooo Urlo conv 4s Her 11. Miou do 8i-r I loon P.rlo gen 4s 11000 Trench Hep 54s... 1000 Hud & Man rid 5... loon Inttirb Met 4H.. .. 40(H) Intcrb H T ref An. . 88000 Inter Mer Mar 0a... GOOci Internl Paper fl... . 4000 Juminpiu, 4Un 1000 Kan City Ter let 4a.. UJ, 0000 l.aikfc Steel 5a 192.1.. list! 1000 I.k HhoTe deb 4 11131 lllJ 3001) lyiula & Naah 4a ... Ullt 208300 Liberia llond w I 3Mn . 00 08-10O 99 00-100 09 Ci-100 ,.u. iiiiii oi i- n n jti is. , rw, h 1 , 1,11 ' . SO'4 . 7; M5 mi HOli ns'i . in4 . ii i i(ni Nl II. 07 V4 IHIV4 s n.v-i mi on;; on 122 7S14 KVi M(l 45 111'. loit, si', K)(A 70S mi hn'4 (13 1 mi ins. ions 874 m: ii ss in 00',i 02 U7 S3!! n it OH 122 7M4 S3l. siiH 4.1 (HI no'. KIlU 7S 112i, 75 r.3W i;n 80J4 0NU noS 01 'I 114 S loos 87 ? II2S OSS IMS llOli 11'lU 10011 (n VTnn A T lur In. 5000 Met Weat of Chi 5a.,, 02S 13000 Mo Pan em 4a r.oS noooiNew Or Tex & Mex rts 1)4 iiiuifi do rs ynrAt:t4Li. Xvf.At-HQas-Ree.ipU. LBfy'-. $2LJ!r&ZM1&l p mMm?. 3.jzr?m apBU- H17', ', , ." ..".i? dn"Jjw3QaK.'"'j' 22000 N Y C A II As Kino x v riiv jub imin 30000 do 4Ha 1H03 5000 do 4 '4 a Nov 10.17 . SOoo N Y Tel gen 44a... 15000 Pacific Tel Ca 40OO Paclflo due Ga loon Prnna cen et 44 . 1000 l'ublln Serv N J Bs,. 23000 rtep I i S S 2000 Ilto Or & IV clt 4a., 5000 Ht I, 111 ( R ii,. 2000(1 Ht 1. & S V In dOOO do Her A 10(10 South Par 4a 25000 d,j cv 5a 2(100 South Ilwy Sa 21000 Texas Co 1000 Trl-Clty Sa 34000 U 8 Itubbcr Ca 1000 do (la 12000 U H Steel a f 5a., n, .100 tlntpn Pao lat 4a.... - 2000 lln nva Ht I, 4a. . 87000 U K O R li I 514 s '18 1(1(1 13000 do 54 a lOtO (1.1 mono do 54 a 1010 new,,! iin 03000 dn 014a 1021 B4U 1000 Va Rwya S flfi'4 5000 West Shore 4. , .... go nnji 01 48S IU1I' 102! imu 11214 r.tilJ in S 4h ',. 102S 4Hk .1024 . OK l)H 11U .mis iois mm ."- m;: jo'j i -H II l. Il7"i 87 4 III 87 4 nil. . i ss .1(10 HUH r.s r,s . Ml Ml . 514 52 . "I. III . 7.1S 75S . 0H4 0H . 7'i 074 .1024 102'i . n4 ini2 MS SIS 102, 102 .11144 104 "IS 011 11(1 k'. iinlf DOS n.i'J Dll.', 044 n,i4 82 n.iS H7',i MM in H8 o4 r.s Ml fi!w 75S dhS 117S 10J1 on 83!) 1112 104 ois nos 004 ii.i" on A 04 91l: 8: T4 i Total aalea. tt.250,OO0i romnnred , Hi, ,Q, 000 jeaterdari th.i. fr he Z$ li SaiSnn tame period laat eek, $12,100,000 ,a'000'W)0 GOVERNMENT BONDS 2a. reslatered. 1030, t 2a, coupon. 1030 8a, rexlatered. 1018 ......! Sa, coupon. 1018 4s. reit'rtered. 1B25 ;" 4a, coupon. 102.1 la, recla'ered 1040,, .; 8a. coupon, 1948 Panama 2a, registered, 108(1,,,,, Panama 2a, reittatered, 1038,,, ' Panama 8a, reclatered, 1001,,,,. Panama 3a, coupon " nid nns ii US onij IIBlJ 103 10.1 84 84 on . on n DIVIDENDS DECLARED Southweatern Power and I.lxht &.. ular quarterly of IS per cent on pVeTerrSiT' JT' able September 1 to atock of record Af,..,.'- Philadelphia. Qermantown and jHSIS ?' llleh. Am aas Am Ry pf. Ilald J.oca.. Cam Steel.. 6Uec Stor .. S9V4 Key Tel do pref SO I.k Sup Corp 17 40l,ch Nnv ... 77 I.eh Vnl North Cent.. .. 831 Penna It II. SI S8 Pa Salt Mfg 91 301 Phlla nice. 294 67oi' It T tr cfs 31 Rending ... Ton Ilelmont . . Ton Mlnlnc. .. loo Union Tract, 4014 18 Un Oak Imp 78 1000 U S Steel... 123 York Ily pf. law. Close. .. 8914 183 soic, son V .. tll .. tsn inn w J4 77 77 H .. t3 t3 62 Si)4 Vi 04 04 20 29 n 31 32 .. inn :8 usn t9S tl nn 40 78 123 t37 tQuotatlov given 18 yeaterday'n closo. Total aales, 2C9I ;luresi "".?& 8024 hnrr jelerilnyi lima for Ihl; week. S3,1B aharesi same period last rek, 37,319 shares. IIII.MIM et Illith, Iiw. Close, chee. 1 1 000 Klec & Pcop Tr 4s . . . 7rt 70 70 U 17000 Liberty Honda lll0-100 90 00-100 09 80-100 .. 2000 Pa Co tempo cts 4'4 .. l 01 91 U SOOO Phlla Hico 1st C ...loon 100 100'4 Total utiles, $07001 lompareil wllli $10,300 es lerdi"l thus for this eek, $325.1501 sume Pe rlnd list rck, $118.000. " INACTIVE I'HILA. STOCKS Following nre tiuotntlona for Inactive stocks listed on the Philadelphia Stock Kx change nnd In which there wero no trans, actions today. The prlco given is tho last previous close. Alliance Ins , Amer Stores do pref ... Am O.is war Am Mill itmi .1 (1 . . Huff A Sui t ( dn pre! ('mil (ron t Htawissa 1st pr J Con Trae N J... 73 Clt ri Asphalt 1U"4 .lo pref ill Ins Co of N A.. 25 lh Val Tr . .'4 20 37W tl 14 o 2'l4 50 51 4.1 Mtnehlll ,J ( Seaehore. Cf Penna do pref Phlla Co pf .... do cum pf . . . Tenn TraClfl Phi In Co ,1'HI Un Cos of N J V N V & I W Cramp A Sons, Warwick .- . . Wtatmoro Coal . York Kuys , 6.14 I.I'k , 1104 48 3.1 :i'iS , 2S 2D4 2n; 21 , SI u4 7 14 Local Bid and Asked Today Yesterday Hid Asked Hid Asked Amer Stores. .HIS ..' 3"S llrlll J O 20 204 2(1 24 Hurt & Susii to 55 57 01 57 do pref r.il 52 50. 52 IMIdwin l.oco 70 704 7(i4 ! Klet trie storage 504 no .19 do (Itnirnl Asphalt in 2n 10 20 do pret (II C.2 (11 (12 Km stone Tel 114 12 114 12 do t c (i.l 07 0.1 (17 Lake Hup Corp 1(14 17 1S 17 iKhlnh N.tv 7il 77 7(1 77. I.ihlch Val (134 ill (I3S 3'4 l.l hlKh Vul Tr 2H 27 2(1 27 do rref 40 17 4(1 17 Prima It It 524 .12 4 524 5J, I'rlla Illisj 2!j 2114 20S 2'l. Phtii Co 3n :ih an :im do 5 per cent prof . . 33 .1.1 3.1 3.1 do ll per cent pfd... 3SS 3HS 30 39S P II T t c 31S 32 314 SIS Ilradlnit Ill l)4'i II.1S 91 lonnpall Ilelmont . 4S 44 4'i 44 Tonopih Mining; . . rtS 114 114 " nS I'nion Traction . . . . 4il 4114 4n 4HU I' (1 1 7V'i 70 7f4 70 IT S Steel 123S 12.14 12.1S 128S Yi.rk liny 1.14 II 134 14 do pref 37 37S 37 37S Wrn Cramp . Sons..,. SO 2 M) 82 INACTIVE NEW YORK STOCKS Following are quotations for Inactive etocks listed on tho New York Stock Ex change and- In which there were no trans actions today. The price given Is the laet previous close. s.dnms Hxpress , AiHflnre ItumleV Pf A.lv lliimelv tifil Alan Ifil.iier . 7 Alask Old M . 5 Alnsks Juneau 34 Allis-Chilmers . 2'i dn pref J") Am Ar Chem., li Am Aar Crem pf inn J Am Hoot Sur 044 Am lleet Sim Pf 01 A.llSr ctfs. io-j ,1a ri's P'f. . '"' Amer Can pret...l08S A"i i'-i Kdypfl "'' Am Cot Oil . . 3S4 Am rot nil pref . pi Am II I. Pref . 014 Am lee Sec pref M do pref . . . .tl,. Am I.i-o pf ....1034 Am MnU reef .'?" Amer Smelt pref. 114 Am Smelt pf.. .114 Am Sml' Pf. "J,' Am Smelt pfd n 014 Am Sumatra iref s Am T. - Cihle.. no Am Tel A. Tel...ll0S Am Tob nrf new. in J Am Woolen..... M4 Am Woolen pf.. 94 Am Writ Pap rf . 40 Am Zlno & t. pf Si4 .,o I) O 1st of,",. Atl Co Line..... 1104 Ti 14 I n- nref P'O Halt t Ohio pref. no Harrett Co.. . . . .1071. Knrnlt Co P"ef .11" llitophlles .Mlninit 14 Deth Steel 1204 do pref 1JM 4 Hrk Ttip Trans... ni4 nronklyn l'n Oaa.inj Pmn "" 7,1,, furns Ilros.... .. J74 Hiitt" & Hup Cop 3HV. 1)?.. l'Tn Hub and Tiro "on 1.1 i i.lit & S(er Tnh.,2.11 ..uuoii inn uo. . 104 t.onir tsl eir ..,'.. ... Lorlllard p ,, na, Ijouls 4 Xash.. .12.1 Mackey Cos .... SO Hackav Co pf... Kti Mnnhnttan Rlv..l1i ay Dept str Df.ln.1 Mex Petrol piet.. 93 5If Lfc-itnn Elv 115 Mleh Cent no SI IK and T pf .. 104 .Minn A st L new 1114 Mont Power . sssi .Morris t Essex.. 804 do prf ,, .. m, , St P fr S H M.103 4 Mo Par c of d f p nl 4 Mont Power pf ..Un Nat Acme 35 Nat I(lCUlt II1O4 Nat HnamellnB. . 42S ot bnam pref., wt .. d. ,ft imu Nat Lead ..... ijl Vr",,SJ,.M2d of 0 iv v r? a k. f. N Y O & W.,,1 dn 2d pref... .V Y Dotk...;. do pref Nev Con Cop.,. N Cl Tex & M. N Y N II & II .ynrt ft South.. .ori it west 2 22 H 50 4 114 40 s,JS 31 ... S ...1224 orr s. West of., 82 North Pnclflc ,,,1011 North Amer B0 Ohio ruel ... . 4(1 Ohio flas rB. ni Ontario Silver uwena not Psc Tel Tel. I'an.Am Pet lit. do prior nf ct., J'eorla & Hast... h'h K.nft &. no (in (,1 8 r.- ti e . . r,ni ni .i I" i'olZ ' r" SS i. t. ... 7,1 Cent heath vntAlVA pori. Marquette 19T4 Cent KdV Co Pf. "J.. Pe-e I,r,', ,,V '( j'J Cent & J, m Tel.1' 1 ihua Co.. ...... Rn rldAi.rJfM0" ?V ?.'"" Coal cti n Cy-Af,on "t T.l"' Conl ' ctlWH chrM's-pprf.io ,' "'"-'.' sr ..-. , nn . ..roL...... .1.1 rl.l fill c Mwn prei..i"j Chlno Cooper ... nj Col So 1st pf. n-i do 2d rref...... 40 ctnett.Peshodv pf.1'5,. Col Puel A Ir.... 4S Col A South 2 f'nmji Tali nee 304 Cont. Can .07 Consol (!aa.,....10'i ron O P. I, ft P..JJ1 r rnM nraf . .112 Con Int CM Mln. J7JA mi.. (" n.lnHtBl Corn Pd prof,... 1)7 Schattuek ,o wieei pi. 111-71 ..v- rnielhli r ll I ft p i "'" Culia Am Sub.... 200 Cnli Am Suit pref.1074 Cuh.i Cans Sugar 3SS dn pf .. ...pn rieere Co pref.lOO n 8 S A pref . Del Lack and W.2KIS r)en A nirf Or... H NletmH ,".dlson..l2ll liorne aunes H74 Klc Rtor Hat... RS4 lllk Horn Fuel . 31 Krlo 1st pref.... 37V4 Krln 2,1 pt ... 2J Oen Clxar Stores 3HH (leu Klec uo . ..inova rress Steel Car.. 72V4 ''"cs, Stl Cr pr..l()l'l Prssd stl Car pf.1424 Pullmsn Pal Car.1414 Quicksilver IS I' ad'otj 1t of 411 ncp Ir Steel pf.l03S Itnyal Hutch fl.14 1'y S'"1, HPCff- . BIS Itv Sleel nrf m K.iaeo Arms.. Saxnn Motor... neanoani A I, Ariz "I ii s e" pf. Pt I, Pwn ;. Sloss-Shen ,.., Sloss-Shert pfd. So P Itleii s' Stand Mllllnir .. Studebaker pf,, T';lrd Ave. nil. . Tidewater Oil ,, . 90 . IN . 124 . 24 . 17S . 31) . an . r.44 . 93 .207 . sn . 94 ill-. -r,V.r?d,? i-.-10.14 T St I, A Wctfi 10fl do Ctfll liti Trans-WUIIflma., 43 Twin city It T.. H54 Un Dm; & pawr U an nw oo t ir : r nallroad Company, retular nuii...i""rr',own cent, payable September 4 to atoci e a """ Aufuit 20. "l8CK record Cheatnut llllt naltroad Company r..i quarte.rly of 14 per cent, payable SeitemK"'"? to atock of record Auiust 20, Plembr 4 Acme Tea. Company, reiular quarter! v ne ,, K.rci,Ccnftrecnor57Sii!r.t J"1". W& " Meat Shipments Increase CHJCAQO. AUf. el.Stilpmenta of freah and cured-meata from Chicago durlnar .. week endlrur Auuat ll w.r- a.'-IR i? -. i . - ..r saj.w if.aiii.iinn ???W(rwut"ie.000;poUB4U th. ?J fLaaaUL AAA - - - m - . ? ?r2m Cen Motors pf.. J7 n,rag pref 704 (londrlrh " V. . .'"4 'nlted Alloy Stl, 44 Ooodrlch n F pf.1044 )' (ir K p; 11. 1 y mining ,, -i v itw ist or. niit e Can Cop, .424 United Itv lncat lli't Slatn Stl. .1111, Underwood Type.. loa U-llarker... 3SV4 Vnlicrt iiyo Wood ds .101 .100 .1024 . 184 Greene Can Cop. 424 Cult ; llnlltn1 llartman Corp... M Havana liiec . ,1111 llomestnke Jlln Illinois Central Int Acrrleiil do pref B84 lat Con Corp pf. J.1 ..."".."f ???A Zt ?" m'pt'.Hi till imn u :; if wn aiuu tt U.. 71 I ll.ru XT T nf 11711 Waal.ei.t. V II Int NifVel prtt...l(Hli do Il..!I!'; tin i tUTi , ;, ina, .,.,.. n na "do'rVe? . a7 m- 'iP'en TVl". 04 40S ': k an nrer n-i. T'nlted fJrur "' 71 United Pap lid ,, 2s y. j'pc'".... is Utah Sec Corp.. is Va-Car Chem.... 404 2B4 Int Taper dn pref eta.. Int Paper pref... Iowa nt Jewel Tea J wel Tea W . . Kansas City So, K c bouth nref, Keok A DM,,.. Lacieae uas 101 , 214 UK 07 103H H Lak U A W pref. 27 Wilson f-A .' wis Central;,, tjooiwortn ..,...ioau IVoolworth prer.'.iS,' v7ih.1."'0" "'Ail 84 Worth ton pref 11 B9 Adams Wins Tennis Cup ATLANTIC CITY, N. J., Aug. jj w AHnma of the Unlversitv of fonirST' B. won the cup yeeterday" in tK""rSfflJ f City American Red Cross. Adams defeated ttI1!" ace Ilijday, another Jted and lllua eniir.- ln stra gnt Bets, t-s, 0-2, e-3. Neither .1, ' Li..A.i 'i.iM ipii, fA,m hn, a -i,clner dta. tennis tournament of the At.,.""!?.I'c Yacht Club, held for the benSht f I r played! his true form, but Adams was ,' more consistent. "? tie Adams and Dr. Howard J. Westnev terday won the doubles trophy. Thl ?' 1 douhu. will start championships both In singles and dni.Ki will start on Monday. All Players will ! Ul D"-",V. More Gold for Spain NEW YOriK, Auk. 11. Gold coin tn.ei. amount of seoo.ODO hrthZln -,?ci th BssassESBueiS Majority of Transactions In Steel Commn WMch Little Higher ttapm ' vuucates Are Neglected Pennsylvania Gains ' There was only a small turnover In stocks on tte Philadelphia Stock Exchange dur ?nr the two-hour session today, and price changes were unimportant. Steel common was U.o most active, but it did not change hand, in taw quantities. e JaJ the transactions, however, were at a nun ''trtnilt trust certificates, which havetenYeaSlng Ihe local list th, .last two days, wero without feature. Hales were ery light and at a fractional decline early, but the closing quotation was unchanged. Out side of Ilap d Transit, Pennsylvania Kail- road and PhlladelphlaiRlectrle mj 1 hulk of tho "business horn, X I rormer was a quarter higher Ci7 latter finished unchanned. ' whllt Jth Electric Storage Battery on . . transaction waa off , jMk. qun.i lrlllt 1 poratlon opened unchanged, bniw'0! uown , point- Pennsylvania RnTi ,01 ,1 Traction and United Gas Improved, " 1 small advancer 7 "a,s" mJ Hon advanced half a point VJ fading In the bond 4livlslon wa .. d tlonally small. ' wa xoa;'a CORN MOVES UPWARD AFTER EASY START Material Losses at Outset More Than Covered Later Wheat Remains Featureless onAis nr.i.T wKAninn forecast rmr.tnn. Ana. 11. The sraln belt weather forrrnst for tiilrtr-lx hor 'ol,0-"SL shoners Hundar and west Ust MnlfJJi. ""- st for tiilrtrnilt hours ronoi . . llllnol-lnrrea.lV, flouillnes. rouowea snonrrs nunaar nnn ri "." V Ui. nrf er et nnd south, cooler Sundagr north and 'Missouri Showers lt ?A5!PiJXi aome'ihat warmer l"nlht In southwest and ccnt'ul, cooler Hunda, ,,,,., .,-. Isninsln Purt:! ciounV tonlcht. shoer wett Nundajr, showers and feeler. . 0j. Mlnnrsofn I'nsettled tonlrlit and I Bandar, proli.ilil)- sfioners, cooler Sunday nnd In north- '"lu'wa Showers tonlihind Sonday. allish t Ir wanner tonltht In east and south central, cooler Sunday. . , . , ... North llakota Showern lonltht. cooler ex treme, ncrtlmntl Hnndni. probahlr fair. South IlnWota n.nd Nebraska Vnsetlled to- . nlaht nnd Hundar, probahlr show ers. . Kansas Unsettled tonlcht and Sunday, prnlinhly showers. ....,., j a.. .Montana Generally fair tonlcht nnd Sun- "(vjnmlnr Portlr cloudy tonlcht and Sun day, prolmlilr showers In southeast toniclil. CHICAaO, Aug. 11. While tho feeling In corn was bearish this morning because of the sharp down turn In the price of the old cash article, tho trade feared oversold conditions, and mntcrlal losses nt the outsM were more than covered later. Notwithstanding the crop, in the actual grain premiums are far above futures and it was believed that cereal companies would? bo willing to pay good premiums for the new crop fcr delivery In December. After starting at $1.16V4 to $1.15, ngalnst $1.15, at tho end jestordny, De cember sold nt $1 15k i May ranged from $1 12 to 11.11 at the outset, compared with $1.12 H. the final quotation of yester day, nnd later sold at 1.12'i- The market at Liverpool was firm on moderate worlds shipments. Tho re ceipts hero today were 103 cars. Oats were also unsteady on a demand from Bhcrts. Larger receipts were fore cast. The arrivals here today were 199 cars. September ranged from B8S to B8c nt tho outset, against 68&c nt tho end yes terday; December at 68 ?i to 68 He, com pared with 68 c nt the close yesterday, nnd May at Gl to 60T&C contrasted with 61c. yesterday's last price. Wheat remained featureless with the trade awaiting further announcements rela tive to the food control bill. After starting unchanged at 2.18, September sold at f2 10 The market at Liverpool was steady with the demand fair. Tho receipts at Minneapolis and Duluth today were 136 cars, against 338 cars a year ago; at Winnipeg 140 cars, compared with 651 cars; at Chicago 71 cars, con trasted with 261 cars. Crop conditions In Kentucky are most encouraging, nccordlng to the report Issued by tile State Commissioner of Agriculture. Bumper corn yields are predicted and It Is estimated that the wheat production for tho State, will he 8,811.000 bushels. Leading futures ranged os follows Wheat- Open. High. Sept . LM8 S.1S Corn (new delivery) Dec .. I.ini4 l.lfi'4 .l.M R8S ,L May.. Oata Sept.. Dec... May. . Lard-Sent.. Oct... 1".'.6: HIDS Sept.. 23 30 Oct... 23.00 l'ork Sept.. 43.00 Hid. tAaked, 1.12 68 01 70 1. B6K 01. 22.75 L'2.87 2.1.45 23.10 Low. 2.14 1.144 1.11H ns 5.11 22.00 22.76 23.27 23.00 Close. 2.15 1.14'i 1.12k 681, 58 tC05a 22.7.1 22.67 23.45 t23.20 Tea. close. 2.18 L15H l.tittt 58J4 01 22.57 22.70 23.20 22.00 43 25 43.00 43.17 42.00 J MONEY-LENDING RATES 1'HILAliin.rilIA "Call, 6 per cent; three to four months, 6H6V4 per cent: time, G5?i per cent. Commercial paper, bia. iiiuuuin, u . ig o & per cent. Reserve Banks' Discount Rates 10 or less 3 iU HoBton .... Now York ., Philadelphia cpi land . Richmond . , Atlanta Chicago 81,2 Ht. Louis .... 3 Minneapolis ., 0 Kansas City... 4tt Dallas ........ . Han Francisco, 3 Over 10 Over 30 up to 30 up to 00 IIV4 4 4 4 4 4 h 3W 4 4 4 4V4 4 4 4 4 Over 00 up to 00 4 V4 4 9 $ 4 4 rtoston . . New York ,. I'hlladelphla Cleveland , , , Illchmond ... Atlanta .... Chicago .,,, Ht Louis ... Minneapolis . Kansas City, Dallas . ... Han Francisco Acricui.iraae acceptances Com. Over 00 Up to 60 Un to 00 mm. Uli nt, L.'f 5' 5 5 4tt 4 5 4V4 IV c h ft 3'i Biz .5,, In ll. Ihll.lv Aavm, ... ,kl.... . . . . U71 Local Reserve Bank Statement The weekly statement of the Federal Re serve Bank of Philadelphia for the week ending yesterday compares as follows with tho previous -week: nESOURCES ,. . . August 10 Gold coin and cer. uncaiea n vault 123,113.070.00 O o I d settlement tuna Gold with foreign acenctea 13,406,000,00 3,075,000.00 Total cold held A i5y Kvi 42.014,070.00 Oold with Federal lleserva agent.. 32,813.460.00 Oold redemption w fund 630,000.00 Total gold re- t -,e. "r-i" ".77.630.00 Legal tender , notes, aliver, etc. LOOO.oio.eo nin!,i,i ""v" '7,378.79.1K) Bills discounted members 10.216.207 Rn Illlla bought In' '1D-UT'B open marke,t.... 19.893.827.34 o n Total bills hand .... U. H. Oovt. -long-term securities,, U. H. Govt, short term securities.. so- Total U. S curiue, Municipal war ranta Total earning assets Due from other V. n. banks net,. Uncollected Items, lr7,110.0S3.20 549,800.00 648.000.OO 13,097,300.00 131.012.8Q 30,838,3,T.70 August 3 22.201,620.00 10.482,000.00 8,675,000.00 '36,858,520.00 82.903,000.00 450.000,00 69,712.480.00 317,OU,05 71,069,491.63 8.998,876,42 J6,659.770.83 25,555,617,25 649,300.00 g.58,Q00,oa '8,097.300.00 5,h23.0Q 28,758,772.25 tt no . 25:494:02?:SS -I.699:eo c '.i.430.71 Hleductlon from - AUSVhir'gX l28'8-0T.8S 137,170.127 '0UrC -..iJM liMl- Total reaoureei, 1138.964.100 68 if .77 UABILITIM ,,M'2,905.27 Capital paid In.. 15,276,630.00 i. ... . ? '"nm.000.00 .006,787.7 ,.,.. .. i.w.m do. Government Doslta Due to members reaerve account. Collection Items,, Total cross' de 63.820 lis i 21.774:67i:4 2-25?iI?-?Q . ""IWI.M ECS.V-IV acrj80-10;8"-" m.ioo,m i oj ii&l COTTON DOWN UNnim" AGGRESSIVE SELmfe'-l Sharp Declines Occur as Maml Generally Bearish " , i COTTON IIELT WBAT1IER CONDITinva NEW YORK. Anr. II ti.. . ,. """W peratured were recorded In ih. StJl W- this morning! Ashevllle. 60. Vk?!. " t Jinoxvllle and Nnshrllle, 62i llliu,JLUw5I h nklahom. MerUlM, Slwon AiKif5? Raleigh. SJl hvepoVt, STksbu'1: v KT.' '."' -?"A..A?nto and S...2S- f to .nd Ch.rle.ton. 11,2!. , 74 1 IM tntneton inimnvin IH4 y(lJU-PSEAn. 7Bt a.ai- rn-tfln, g. "Buent, if, &EyjrTp & q .iinoiio na v iminctoni .08 nt T JaVwH""?". M .12 at remwcolai ,l Bt Roleljhi 'ST ,1 homai .66 at ShrerepoTt. ""'"" t 0lb 53 NEW YORK. Aut. Jl In the cotton market today, stop ord -fl worn linnnvrr1 !, t.. i. M. ' tfl a u.cBK. -mere ws,.t-1 Bnap to the buylnjr. and sentiment generln! -1 was bearish. Western, Liverpool nn v.5pj Orleans Interests were amonp the nl " "'" ""s appeared tubs -1 that even If tho crop In Texas was m" ?J lng, the deterioration thero would be roorl 1 uiun ousei Dy improvement elsewhere ii The market had o,n Irregular opening i - .., uluers around th 1 ring for August and September. comn,. S ineiy iuio monuiB -wnicn aro under tha 1 Influence of the old cVon snot m..S .1 nea zn 10 40 ; but later n live points lower on reDortn nf i,. ." sequence. rrk.. HAHAj as ,a . . -t "nuatioa i.icy uicuou .o 10 so points higher lncu,nl :. uul inter mnnih, ... 7 ' . , ...o i:ie one ta $ nts lower on rennrtn ni .v .! ." 1 In the Southwest and verv fnVne.Ki. . J? vate crop advices. . Selling became general right after Ua call, notwithstanding ,the strength of th! near position, and included active selln. by brokers with Liverpool connection? Prices broke rapidly, with the market wm and unsettled, with declines soon extend ing to about 68 points In the case of D. cember contracts.- Cotton receipts at the ports for the dcT were estimated at 6000 bales, compared vrltk SKR9 limr wV . inn wi' - "r B wll .... . ..-, ieB a ycar ,w I Vaa rilnaiA alx tvi w !,,.. orr "?!,':. "Jn- i-ow, .u. ,..,,,, .invu ll. ,1 1, il. M 25.34 2A.SO 25.113 25.30 25.25 25.20 23.40 25 48 25.43 26.25 T'?-. 25-00 Octoier December January. . March ... , May Spot 24 flf 24,73 24.75 24.94 24.03 Last a ii.ii Cotton Buyers and Sellers NHW YORK. Aug.'ll.August-aiffor bid; Hentz offered. September Downs and Munda M. Hentz and Wilson offered ' Jl October Burnett nnd Newman bid Downs offesed. December Allen, CuppI, Newman, Roun. tree and Montgomery bid : Frederlckaon. Hartcorn and Wilson offered. , January Russell, Montgomery, Schlll. Glfford and Martin bid: ITnrtrnm n. nnd Ray offered.' Ul March KellTer, Wilson and Peers bHi Downs and Martin offered. -i May Orvls and Hagedorn bid; Me. Dougall, Rountree, McEnany, Waters an! Hartcorn offered. NEW YORK BANK STATEMENT mg increase in Average and Actual -1 Loans Surplus Drops NEW YORK. Aug. 11 The New Yorll bank statement this week shows big u i creases in average and actual loans and d. creases in the surplus in both statement! Details follow: AVERAQE I.oana Increait I48.244.M0 10,2311 03 1,011. Mo i ai.oco 28.08.o6 423,419,000 28,001.001 tt"?'U" ; a.Tli3.u,000 5.et demand deposits. T8.500.072.00O Hi1 ". aepeaiia... 2O.t.nHO,O0O SLrh"!Ul0n V. 80.2R.1.000 Caah In vaults 1425,410,00(1 Iteseryo of member Danka I n rBav.. banka Reserve In State banks and trust company depositories ...... Aggregate reserve... Reserve required.... Surplus , rierrena I'1"1' ?'a,t deposits deducted I144.'706.0M. "..,... niwiuuea sivi.auo.uuu, 66.354.000 627,503,000 501,424,340 120,080,660 3.878.0W -5,1 31.680 000 71 1.1J1.6M 32.81I.0M Loans ACTUAL ?.'! ii'""-"4 denoiita, 3.551, 157,000 49,060,W ei time deposits. wrcmaiion ,., , , ("ash in vaults,. ...., Reserve o f member banks 1 n reserve banks ..'....,,., Reserve In" State banks and trust company depositor- . le Aggregate reserve... Iteservn rennlrn1 uu; iiius 205,670,000 flU.HU.I.IMIU (92,390,00(1 3D3.0M 150.000 212,000 874,888,000 87,989,090 ' . 61,933,000 5.202.000 566.438.000 104.249.000 404.402,630 T,n4.4W l '-I 'R'".? i-A! 72.0331370 96.700 DW ih T "".l'" ileposltg dediieted, 1204,938.000. 'M ,ilv iiimmru. ainn.nii.i(in. i STJn: SANKB AND TRtlST COMPANlfcS I ?T "EI'ORTINO TO CLEARING HOUSBJ J.oans, Investments... JRV its no ! "" il0,lci '., -60.836.200 'SSO,?? urrency. bank notes 1O.80R.SOO 649.25 S.dHi nSrvr. Danka. 8,100.700 1.000.TM Total depoalta.a.... 1,031.870,100 .flL22 Net deposits 835 flT.nno 3 00.000 Reserve on deposit,. 225,o70.nTi8 210.900 rercentage of reaerve 20.2 Unchanged OUTSIDE DANK 8TATESIENT STATE OANKH Loans. Investments. 1483.873.800 2.409,00 il Oold 83.828.000 54LPO0 XM V-u!.renCyi bnk notes lH.O3T.80n Federal Reserve Bks. 10.774,400 neposlts .:.. rtns.70i.700 IteSerVA (in rf.nn.ll ,nnt,A. ,nn Percentage of reaerve, 25.1: decrease .05. TRUST COMPANIES Loans, investments, ,1, 837 518,000 112.105, tiold, 147 oii5nn 471 Federal Reserve banks n tW.soo 4.101.8M SJ ieposiia 2,284.241.700 1T,34, I'fr'! ?n lPolt.. 307.101,000 T,2.I DecreL8.0 ot "rve. 23.61 decrease ,4. , ini. 8,C8, Hill. 7.872. nooSo 1 lUH.fwv ' 1W,. m Decrease, FOREIGN'EXCHANGE NEW YORK, Aug. 11. The foreign change market showed little of Interest, Uf was very dull.' The feature was steadlnen In rubles at a recoverv nt about fifteoa points. Swhs held steady, but Italian y miiBD uecunea a centime. Frencn ex change was a shade easier. In sterling and Scandinavians ,and Spanish exchange ther were no Tappreclable changes either in too or rAtes. t Quotations -were: , ,Hmand "terllng checks .75-9-l. cabin .76 7-16, sixty day bJUs nominally 4,7li ninety day bills 4.70. The.openlnr rate wehe 6.77 H for Prano cables and 6.7tt of .-cTiecks. . Later the market rallied to 5.77 for cables and 6.78 for checks. I V mre canies 7.42 and chebks at 7.43 mao a new low on this movement Swiss .cables. 4.39, checks. 4.41. ' , Poietas cables 22.78,- checks 22.65. Ruble, cabjes 21,1,6, checks 21.00. Stockholm cables 22, cheeks 22 t v-nristianiacables-30H, checRs JOU. VJ x.utcuiiKo, ptoies 2,,cnecKs . 1 I isi'i iej BANrCCLEAHlNGS clearlngi 'today. , ooaaeCred with, wrrii,(j
Significant historical Pennsylvania newspapers