& tinq?$m& : MotipATs -'4v&iffi flffi o w ' t 1h V." 1 -vf i' v -"W t4. AAA OF PHILADELPHIA COUPON iSffliLWS-SSw YORK AND PHILADELPHIA STOCK (JUOTATIO "i k BONDS ;, nnwnm iare , :,"' C . PRICE, 100 AND INTEREST, if iw rici sjv BEAR ELEMENT HAS MOST TO DO WITH DIRECTING PRICE CHANGES Room Traders Start to Force Stocks Down After Moderate Commission House Buying Is Satisfied Little Opposition to Attacks U ' REILLY, BROCK & CO. p BANKERS 306 CHESTNUT ST. riiiLAnEi.riiiA ' High Points in Today's Financial News Movements of prices in Wall street were in control of bears throughout day. Stocks forced lower. Initial trading in Bethlehem Steel rights and new preferred stock, when issued, on Curb, drain and cotton higher. Gold cent to Canada. New high prices established by bar silver m New 1 ore and London. Foreign exchange market dull. Short Term Investments We recommend tho following issues; Maturity 11)10 1927 1020 1033 Yield Hhnllt 4.90 to 5.2594 5.00 to 5.25 iVffi Ctiitipoiki t, Ohio Ry. Co. Equip. IVis .vote,... Niw York Central R.R. Co. Kmilp. 414ft Notes. . . . altlmnra 1 flhln R R. Cn. t-sntr Notes 1919 5.83 Qimnl Rubber Co. Deb. 5ft Notes 191S 5.85 Chi, No. Short t Mil. R. R. e Not 10:0 6.50 Erlt Railroad Co. 5ft NotM 1919 6.95 Electric Auto-Lite Corp. l-.1e.1r lift Notes 1918 6.75 Electric Auto-Lite Corp. .ear Oft Notes 1919 7.00 Un.Klnj.GL Brit. I Ireland Bft Notes 1018 7.25 Amer.Forelzn Securities Co. B Note 1DIH, 7.57 Full particulars of any of tho above Issues will be it upon request. The National City - Company M 1421 Chestnut St., Philadelphia ,$ New York BotcP Chicago San Francisco l'ittt. burgh A corporation owning exclusive rights for a high grade automobile acces sory, which for Ford cars will prove a necessity, wishes to get in touch with individual or group of in dividuals who will invest $25,000 to $50,000. Orders now held for large quantity and in quiries show that demand is strong. Acquaintance with automobile accessory field desirable but not nec essary. For interview, address Box No. F 951, Ledger Central. K? ! American Stores Co. Vfc First PI'd Stock REED A. MORGAN & CO. WEST KN1 Tltl'KT IIMltl., 1'lllia. Member of the 1'lilla. Mock Kxrhange J&'H fctftsa: Elk Ifi 'r .3. j. Ear n t'jllm tSi.i-T tAf.ff V P tuS,- 1 cv nrt K,. iiii IW 'rei 1 'fAi .Hi' Are You Reading "CURB NEWS"? Today's issue contains NEWS and ARTICLES .that every investor in- fareafnfl in Matt, Vm-1. f..-U el.n h should read.' Some of the more im portant topics leatured in this issue "The March of Silver" The trend of the white metal Is steadily up ward as demand grows und sup Piles shrink. "Advancing Crude Oil Prices" Pennsylvania Grade reaches $3.50 a barrel, with Mld-Contlnent Oil at ?2. "Leading; Dividend-Payers .Selling Below 1 Low-priced Mining Stocks of the New York Curb on a rcgulnr disbursement basis. ISpecInl Analytical Keport on OKLAHOMA Producing & Refining Company "Notable Curb Advances of 1017" Oil, Industrial and Mining Stocks of the New York Curb that have shown appreciation In market price in past eight months. "World's fiold Ktserve Must In er'".".'L Enormous expansion of credit by various nations makes, nn Increase In gold production an eco nomic necessltv. Oolri nin n panles that are expected to aid In v supplying the demand for gold. 'A :Beprular departmental articles on metal ana oil prices current divi- i Irp re"" vuiicui, assessments ICadlntf f:i dividend. payers weekly volume of ; ,auea on tne wew York Curb and the n ktest news on active Curb Stocks will also be found in this issue. Stand for "CURB NEWS" 749-T. U. ran -1 1 JOCES & BAKE STOCK nitOKEKS Widener Bldg., Philadelphia X' it . 1l, Y1F.L... nn . t Keystone, nace 2200. .'Maw York - Boston "tmicaco Flttsburdi S - Dlrtct Prival Wires. t'j Hi.1 4t$ '4 BAKEIl. tr. Bldg,, rmladtlphla, Fa. Yau-msy send me Curb News TiO-T. XI 'r-t i MLW'M&m V7A asJmraeSSiSmlSL'SMSai NI3W YOUK, Aug. 27. Tlio bear clement on tlic floor of the Slock Kxcliaugo had most to do with directing price movements In today's trading. After tho llrst fow minutes, when n little strength was caused by moderate commission house buying, tho room traders resumed their bear operations and all through the rest of the day devoted their energy to forcing prices to lower levels, Thny met little opposition to their attacks In nny stocks, but no liquidation was Induced, and tho only result of tho bear raids was to increaso the short Inter est to a moderate extent. This may, however, bo enough In tho limited trading to bo 11 factor In furnishing NUpport later In tho week. Declines which attracted attention included United States Htcel common, which opened at 122 and then yielded to 120',i, and Texas Company, which ranged from 17DK to 175. Mldvale Slcel was forced Into prominence because of a three-point tlecllno to f3&, and Ohio Cities (Jas sold down two points, making a new low record since Its reorganization of capitalization. Generally tho larger interests on tho Street are waiting for announcement of the fixed (iovernment price on finished steel products. There arc a good many guesses as to what the standard rate will be, with most of tho predictions ranging from $r,2 to $67 a ton. Tho Itusslan situation was not regarded with Interest enough to be n trading factor, although lltisslan exchange was at a new low record, ruble chocks on Tetrograd selling at 20.18, and Itusslan Internal u'n. which sold last September at $342. were down today to SIPS per 1000 ruble. Although there was no wide change In prices In the bond market, attention was attracted to the situation by the sale of New Haven 4: at ."7, Southern Hall way -is were traded In at CC'i and CO. Liberty lionds wero steadj-, ranging from 99.00 to 99.92. NEW YORK STOCK SALES NVI Illrli Low Close this". Alaska Gold M.. ' '. '' '.d Alll-s-Chalmers Co. '. sua', any, , Am Agr Chcm ... 9J UJ-. HJ-y, 1 ',(, Am licet Sugar. . KRiy, H;"i KH 1 Am Can 44 in n tu. Am Car & l-'dry Co 7 1 7:i 73 Am lilt Corp .... .17-!i "'!' :!i k Am Hide & Lea pf 03'S', OS 3 1 Am Linseed ! 2.vy 2i!',4 'i do pref 02 1' fil; 1 Am Locomotive .. 07 H fillVi flfl',4 Vi Am Malt 11 II II 1 Am Smelting ....KiiHi !)!, 09 Vi ' Am Sum Tob .... 4D I7!)i I7!)'t V't Am Steel Kdry ... r,7.i nn,i li I,'i Am' Sugar 117-y, 117 117 I Am Tel & Tel 118 118 118':; ',. Am Tob pref new. 10! 10J 102 Am Wool SO'i 8014 '"O'j Anaconda 7.iy, 71!'i 73',i ',i Atchison ! IIHTm 99 - Vh At Gulf & W I 107,4 IM.V.i 111.114 IVj do pref 02 14 oiVi 02 ',4 4 Hnld Loco 00', OITf, (LI'S, m Halt f: Ohio 08 08!4 08ij , do pref 08 08 B8f, , Barrett Co 10.1 lu.1 10.1 IVi Uatopllas Mill 1U IVi IVi Bethlehem Steel. .111 113 m il do B 1 1 1 ! , 109 HiiTh U Burns Bros 00 till 90 14 Butte & Sup Cop.. 3.1 31V, 31 ',", IV, Canadian 1'aclllc. 102 V, 101 14 101.4 14 Cal Packing Co... 41 I0T -11 V, Central Leather... 89 87 87 Vi 1','t do pref lis 11:1 113 V, Carro de Pasco .. 33TJ, 33 Vi 33', 4- U Chandler Motors.. 82', Rl h!?m ', Chesa & Ohio fi!) BKV4 .1HV4 Yi Chicago (It AVcst. 10 14 10 14 1 014 Vi do pref 31Ti 3I! 31Ti 1 Chi M & St 1' 07 Va OOTs 07 -y, Chi & Northwest. .108 108 108 1 do pref 14.1 11.1 i 1.1 Vi Chi It I & I'ac t c. 31 3(1 3d )', do B pc pf t c... BOVi fil'j .1.1 Vi do7pcpftc... 08 Vi 07 07 Vi t-Vi Chili Copper 18 18 18 f, Chlno Con Copper .11 fi:iV4 .11 Col Fuel & Iron.. 4(iy, I1IV4 4Vi 1 Col Gas & Klec. . . 41 4oy, 40')i .. Corn Products ... :u".i 31 :',l IVi do pref !)8 98 98 1 Crucible Steel 78j 7fl, 70y, 2 Cuba Cano Sugar. 3114 32V4 83 V4 I-')i do pref 89 Va 89 89 Va Vi Del & Hud 10.1V4 10.1 10.114 Vi I) L & W 300 200 200 Den & It U 8 8 8 Dome. Mines .... 9T!, 0 UTi .. Distilling Seour .. 20 20i 2(1 Kile S3 23'ii; 23 Klk Horn Fuel .. 2H'i 28 28i .. Gaston Villains.. II Vi ( t( IK, General MotoiH ..113 lllVf, 1IIV6 V Goodrich, B V . . 18 17 17 Great Northern pf.lo.iy, 103Vh 10 -.,, y, do Oro subs 3IIV4 35 3.1 Illinois Central ..lOPi 101V4 101Vi 'A Inspiration Copper SI 53V4 nV4 Interbor-Cons Cor. 9 9 9 do pref r4 14 54 .11 1 Int Mer Marino... 31 33y, 33Vi do pref 91 90 90 llluh Intcrnl Paper 31 Int Nickel 37 '4 Kansas City South 19 Kelly Springfield.. 1.1 Kennccott Copper. t31i Lack Steel 80 Vi L 13 & V pref ... 28 Lehigh Valley ... 01 Max Motor ;i2V4 do 2d pref 20 Mex Petrol O.TJi Miami Con Cop... :ioy, M S I' & S St M..102 Mldvale .10 Mo Pacific 31 do ctfs ,1214 Nat Acme 33 Con Cable .11 National ', ead.... .11 N V Air Biake 129 New York Cent .. 8iy, N V N II & II ... 3214 N Y Ont & West. 31Vi Norf &. West 118 .Vol thorn Pacific. . 103 Nova Scotia Stool. 101 Ohio Gas ,12 Ontatlo Sliver ... 014 Ohio Kucl .1014 Pcnn 11 It .13', Pole Marquette . . 18 Pitts West 29 Pitts Coal pf ctfs 18 Pullman l'al Car. 112 Ity Stool Spring.. 50 99 37 8!) 87 0714 do pref Bay Con Cop . . . Beading Hop Iron A Steel. Koyal Dutch St L & S K Soars Bnobuck ...10.14 So Pacific 1 1. South U It 28 do pref ,loy, Sinclair Oil 10 Vi Studebaker .12 Vi Sup Steel It Tenn C & C 10 Tex & Pacific 1 014 Texas Company. . 180 Tobacco Prod.... 78. Union Pac rnlted Alloy Steel 13 -III L'ultfd Clg Stores 13.114 12 united Drug 1st pf .11 51 .14 1 rnlted Fruit .... 129 129 139 , CSC I Pipe & Fy 1914 19V4 1914 .. r s 1 ml Alcohol .Lis 03 01 132 117 101 I.nW 31 37 V4 10!i 1.1 41 8.1 28 01 33 Vi 20 91 311 Vi 102 5314 29 .11 33 33 Va .11 129 81 3 Hi 2 Hi 118 102 100 .10 014 49 53 H'a a 7 Va n 112 .10 99 s 87 8.1 0.114 1.1 10.114 11 1 14 27V4 .1(1 40 52 II 10 10 Vi 17.1 mi Net (lns chKo. 31 37V4 Vi 19 41 Vi 41 ', 8.1 Va 14 28 01 33 Va 20 91 1 30 Vi .. 102 2 5114 l"i 29 1 .13 4- 33 V'. vi -Vi 14 33 Vi .11 129 81 3 IVi 2 IVi 118 102 100 .10 2,i (!, .a 49 iy, ju 1Vi I 27 "i -7i 48 113 1, 50 1 99 1 20 87 y, y, 8.1 1 lfl'a Pa 1.1 Ifl.1V, 9 Hi V4 2 7 'a any, Vi 40 52 if. II l 10 1014 i3 170V4 3 " 7 1 3014 130U 130 43 I' S Uubbcr V S Smelt & Bef L' S Steel do pref I 'tnh Copper . . . Utah Sec Corp. . Wabash do pref A, , . . West Maryland, Westlngh Mfg . Wheel & L 13 . Wilson Co .... Willys Overland 1 '. 1014 49 19', 47 Va 11 4 31 1304 137 1 OJVa 03 lVi 01 01 120 .. 117 117 101 101 1 17 17 4- C lUi 49 tr, 4 41 14 4- fll V4 30V4 I 1014 49 isy, 47 11 03 3014 Total sales. 270.100 Mmrei, compared with !o.o,3hi xli.in's on .ilurcl.iy. INACTIVE NEW YORK STOCKS Following nre quotations for innctivo New York stocks and in which there were no transactions today. Tho price given is tho last previous sale. Cor tiref Ml I'hlln rv. of N J--lt, i'ltts Coal pf ctri'lSl' i -.; JAJJ '. '.'. ti rr iiih Adams Express ..Its Advance llumely. 1314 do pn"f ,. Alaska Juneau... ! A4x lluuber ..,, do pref "..'' A II 8 & F ctfs.. 102 do ctts pref.... lll . do pref ...1'u'4 Am Can pret....0H Am Car & Vy vt J do pref ...-,. "5 Amer Cotton Oil. J.i Am Kxpres us Am H & L 13 Am Ico Seo ..... LJj Alii v. .. --,.., ' . Ul, 4Mb ui .,111,, t.'-m Airier Loco uref . . !" 3 Continental Ins.. ntVi llutterlrk inii liuth Ktecl pret.HSU Ciillfornla Pet . . 21J do prf 49 Cent Kdy Co 34?i do pref 52 Cent So Am Tel. 11.114 Chi & Alton 10 do pref 2314 Col & Kj 1st pief 5.1 do 2d prtif 40 Comp Tab 39 Cluett.l'eaundy rf.110 C M i t I" pf,.l(m'i Col t Houth 27 Con O 15 I. Si I'.. 113 do nre 112 Con Int Cal Mia. 17'4 Am Malt Pf , nnitl'f p... 70 Am omen p "".,n true Huei prer,.iuo do pref A .... 99 cuh Am SuBar..l5 do pref H ...... VJV4 do pref 107H Am Susar prcf...tlj DH8 4Apfft , Am Tobacco... ,.198!t Den ft Ills U pf , . lti "'" -r. .,:u. ,..! Am iei i.uiw,. AmT& T 3d oref 92V, Am Writ fa ore! ;1j Am Woolen pf . . 7 Asso DO 1st pref R2 Asso Oil .fl. Atl Coast Line. ,.10 Atchison pref..., Oj Am Zlno. - --,, Atchison......- UJJj llarrett Cn pf. l)lJ nald Ixico pf... 99Js llrooUlyn 11 T S Brooklyn Un Oas.iii". llrown Shoe 71 D.trolt Kdlsnn 12.1 Klrc Ktnr Hat... 581, Krle 1st pf .... 3.1 I'.rlB 2. pref. , , . 2(1 4 Oi-n Cliar Stores. slt Qen Klcctrla ..151V4 lloodrton prer ...loS Oen Motor pref ,. SO., (Iranliy Con tl Vi. (Iroene Can ...... 4114 Uulf State 10.114 llHrlmun Corp... 02 Havana Klec ...101 Ilomesuke Mln,.100Tl Int Ar Corp... . 18 iteweo. BANKERS and BROKERS th A. CHESTNUT 6T8., N. E, Cor. llemb.rs of I'blla. Stock Rxcbasi rirrt w'r to New Tork sjfvyi DIVIDLNI) NOTICK Till! AMKBH'AN OAH COJH'ANY lia Market Street CAMDEN. N. J..,Auust 10. 1017. A quarterly dividend of 2. or $2 per share, has. Wen declared on the capital lnck of this' Company, payable September 1st. 1017, to stock, holders of record at 3 o'clock p. m. August 21st, 1917. Checks will be mailed. J. 11. TOWN3END, 3d, Treasurer. DIUKCTOKV OF ACCOUNTANTS Certified I'ublle Arcouutants LAWllENCK B. PItOWN b CO. 1C15 HEAL KSTATB TltUST UaiLDlNO INVKaTJUAlK AND ADJUbr I'AH'INKUMKIP. COiU-UltATtON AND DIUI'UTISD ACCOUNTS Int Acr Cor pref Co Int ilarv corp ini ilarv r do nrof Int Nickel pref,..103l4 !i liliti Int Nickel pref... 103M, Pitta West' pf'." 'iw Iowa Cot 4ln l'r,Bsed m r" !;?' dn pr.f int olicks livi,. r' ' !! Jewel Tea ....... 87i SS ?k. 1 -." i Kalis k South pf lint & 1) ,1. ... A i.neaU (Us .... 110 Lake nrle & West 1.1 Lei, Kuhtier & T 21U LIB & Myers pref. 112 do rt 114 Looso W Ills Co. . 1UU LonK Isl ctfs pf d 4u Lorlllard 1 208 Lorlllard l nt.. .'" .. Louis & Nash ..1221a MiUKay mi Markuy Co pt 0114 Manhattan lleach 1 Manhattsn V.lev. .111 Max Mot 1st pf 07,, May Dept Store. 5114 May Dept Sir pt lu.1 Mich Cent 1"; Mex Pet pref ... 95. Minn Si Si 1. new l.i'i Morris & Hssex. 304 do prer Mo Kan k Tex 53 iviniiver pr. 1H Saxon Motor.,'.', jli Seaboard Shat Copper .,., i do pref Jul- SIoss Sheff .... Gui. o 1' llliu 8 .. ,2U1 Standard Mill pf. s.1 St L 6c South.... i (ti. S!a5d. M""nB ..8(1 studebaker pf 04 Texas rts inu Third Ave .I. ' "52 Tidewater Oil .20.1 Tol St L West. .714 T St L & W Vtfi U do ctfs mi Transue Williams 4114 Twin Cltv It t.. H.l2 do pref go L11 Hob i I'aper. 11H jots "UJ'"' Sis " Hnai!'t?r.s rf...uo It US Ttnh l.t .rAe ,mt Mo l'ae c of d r p 0114 Hn?"v??1 Type. 109 M K ft T pref.. 1114 United Dye Wood 08 Mont 1'ower . ... 88 do pr,f 5W Mont l'ower pf..H0 J'n"d Dm .... 73 Nat Wsrult 110., J'n,rn Hoard .. 2714 vmi floak Suit 73'4 Unit ny Invest. H Nat I3nam & St. 41Ji Un Hwy Invest pt 18 . i.ndin & S pf 99 " r-xpress ... 18 S'fit lilt Mex 2d pf U S Ind Alco pf.Kiali Nev Con 2214 H s. "ealtir Irap. . 1B14, N Y C & St L... 20 , IJ 8, 8 RftM pf. 501, N Y O ft W 2d Pf 504 "i Car tem pf.m N Y Deck 1114 va Car Chem .. 38?i do pref Norf & 40 South.... 24U Norf ft West pf. 8114 North Amer .... 5(1 Ohio Oas rts .... 03 Owens lint 92 Pao Mall 27 Pali.Am 1'et pf . . no no prior pi ci.. Plerce-Arrow . , I'eorla a isast. v Iri.n c ft C, Wabash Jl do 1st pref.,,. West I'ac II It,. an prer 71 2011 3114 "1 t f West Union Tel.. 9314 White Motors ... 4314 Wis Central ...; 49 Wilson Co nref-.ln" 38V! Woolworth 12J tooiwonn prer.,ijs People's Qas 7214 Worth rmp i M 3814 1'ere Aiarq pr pi 4.' "i" 1 i hmpia ut DIVIDENDS DECLARED Chemical National Hank of New York, $2.50 a share, payable September 1. llrooklyn Itapld Transit, regular quarterly of 114 per cent, payable October 1 to stock of ree. ord Septemberx10. Boston and Albany, regular quarterly of S2 per share, payable September 20 to stockholders of record August 31, - Kennecott-Copper Corporation, regular quar. terly of 11.50 a share, payable September 29, hooks oiose pcpiemoer ber 10. and reopen Septem- Ship Gold to Canada ' N1SW YOUK. Aug. 27 Gold csln to the amount 01 sauu.vuv naa oeen. wiinarawn from the Subtreasury tor aklraent to C- New York Bond Sales I200O Adams Bxpress Is.,, 75.1(10 Anglo-Prrnch 5s ,,,, 20(10(1 Am For Sec 5s ..... 8IKKI Am Smelt ft ltef 5s,. 3II.MHI Am Tel ,1s 1000 Am Writ Paper 6s,. . 701111 Armour Co 114 s ,,,. soon Atchison urn 4s 20110 A C Line 1st 4s .... iiiihi ah it cnar f" 500(1 Hall ft Ohio 5s 20(1(1 do 4s ,,..,, 50(11) do rv 414 a . 20110 Hush Term Uldg 5s... Ml ldiino Bordeaux 0s OSVi 100(1 Can (lent ,1s 1920.... li.i I11110 do 5s 1931 1'Mt liiillHMVnt Leath 1st 5s ... HHVi 4IHHI Chin Copper 7s ll.'Vi 7IIIKI Ches ft llhln rv J'is.. 78 1800(1 do ronv 5 8.1'i 7(l((l Chi ITti Mlti JUa . . fl-JU 2500(1 (! II ft Q Joint' 4s ..... 9(1 IIWll C M ft St V rfd 4'4S.. 81 High. Low. Close. .'(ion do conv 5s kkiii no rv 4'4s 40(1(1 C 11 1 ft P rfd 4s ,, 2soot) Col ImluMrlal 5s.., Kkiii Col ft S.ulh 1st 4s., .1.1011 City of Purls 0s 4011011 Con tins rwnv Os . . 100(10 Cerrn do 1'iisrn lis. . limn Den A It U 44s ... 321100 His See Corp f.s ... 20IKI Brie ioiiv Is Scr II.. koiiii Kronen Itejnili 514 s ,'imir urn 1,100 (leu 72 72 . 72., i.1t 93 I H3"s 11.14 I'.lJl I'-'S 9114 111. Mljs iiii'J ihiJJ HAS 87 874 874 89t 8914 W1 87 80 8(IJ! 8714 87 , 8714 or 11T 117 ; 11.1 0.1, 95,, . .... 81)4 84 4 M14 S5k 8.1U 85J 89 Nil H3J4 Hllfi U.lj4 IM4 91, HI. IIS',4 1'8 14 11514 M.jd 78 78 85 85 , 92'4 92'i 11.1 ll.lt 4 8114 sua 20011 tlranliy Co (Is 10: 95 n: Ml 8(1 119 09 tih 79'; 844 SIS !i:i(, n:i Inn 110114 10914 108J4 Ki8ts TO 711 7(1 7.1 74 i 7.1 51 51 51 118 97i Il7i loo inn loo 95 .. 8(1 . 09 ' .. tllU . Nl, .. 944 . .1(17 101111 llrnd. Ililcn (I. .190(1 'Ituil ft .Man rfd 5s.. 10.(0 III Central 4s 19.1.1.. 2(1(1(1 Inter!) Met 414 . . 40(1(1 Inler 11 T ref 5s 410(H) Inter Mer .Mar Os.. 1 i()(ii Jaiutncso 414s ...... .10110 dn new O S 414".. 51100 ,ln 4U llliMl l.k Sh deb 4s 1931 102. 102 7.1 7.1 112 II2S 90 III) 111 91 87Ji 88i 87. rr imV, Il(l rr.u 9.11, 934 04 10.114 lo.lli mils ,S 4.8 ,18 1Z III) 91 88'4 SO', 87, on. 10(1(1 Loll Inl of N Y l',4s. 9.114 .1000 Lyons Os 01 iriiwii Liberty llonil w I H'.s 99 90-100 99 90-100 99 00.100 50(1(1 Lou Cln ft Lex 414s.. 94, III. , III , Minn .Marseilles (Is 9.114 93t4 9H 511110 .Mo Kan ft TfX 4(is.,. 33 33 33 2(1011 .Mot West of Chi 5s.. 91'4 11114 9114 1501.(1 Mn Pao W L 5s 1923. 944 4li 94'i a.'.idii no cm 4H n', 1 1011(1 Nassau Klrrtrlr 4s, HiiFO N v c ft II avis Ollllllll (hi Os 10IIIIII do 4K.S 9: 2 N Y City Is I03H reir. 91 Kino do Is 19.1S 113J 10(11) do 4s 19.19 II3ti nildll ilr. J'i. ni' 111.17. .1112 il I NV Nil ft II 3ljs '50. 57 4(1(10 Montnna Power 5s... O.llfi 93V (looo N Chat ft St L 5s....ll(iif 111)'. 51100 Nat Tube 5s 99S 99V u.y, ni i-4 9.l"4 !.'.!', Oil 14 711 . . 7(ii 7(l',4 71)14 ..loos, 100 lnOn 1(1(1(10 do lis H.1J4 l.KKin N Y liwy 5m 21' .iiiihi N Y Tel Ken lias.... 93Vi llliill Norf ft West 4s.. .. 87Va Kino Nor P.10 w 5s Oil 50(1(1 Pnclflo Tel 5s Hfl'4 50(10 l'cro Maniuctte 5s.. 8.1 2(1(1(1 St L I M ft So 1.4... 79 111110 do Ken 5s 9115 22(Hi(l St I. ft H V njt 0511 Mono do In 53., 2(100 do Sor A 001, llliill St Paul M ft M 1st 4s 95 3(1(1(1 Konhoiril A L ndj 5s 50W 3(10(1 do Sla 4s 7.114 21H111 South l'nc ev 5s .... 97 530110 South ltwy gen 4s.... Ml' 1011(1 do 5s H1I74 lliolio Texas Cn (is 102 10(10 Utah Pow ft Light 5s S7J, .1101111 IT K llnliher .Is .... S3N 1311110 IT S Steel r .IS ...I(HV1 IIH. Iiiihi I'n ltws S V 4s... :im 31'i 5000 U K (1 II ft I 5.... 97 97?i 57011(1 do .TH 1918 997 9V, llllioil do 5Va 1919 11.15s I'Sis 8.1011 do 5', s new 1919. fill 14 119 ft 8(1(10 do 5'is 1921 111ft 91ft 1(10(1 Va Ilwys 5s IiSts l)54 50(10 West Md 1st Is HTi 074 III- 93 '4 93T4 102 57 95 201. w.l's 871a 911 9(114 85 79 9 I la 111 53 wits 9.1 Ml 7.1'i iin'4 0514 nn5; 102 87'i 83-. 11J 94 1I3'4 93? 102 .17 87 V, 110 9014 8.1 79 IIIV4 11.1 .13 (lll'i 9.1 5IP4 75V, 97 0.1'i llfl1, 1112 87'i 8314 101 31'i II7H 9954 9.1ft 99 ft 117 4 Total sales, Sl.89.1,()00, rnmparril with S770, 009 on .Satiinlny. CORN AND OATS END DAY WITH GOOD GAINS Low Tempcr.itui'es in Northwest Frighten Those Who Sup ply Demand nrt.ii.v nr.i.T wkatiilii i'oklcast CIIIC.KiO. Aug, 27. FnllouliiB . 18. the uoiither foreenst fur the next tlilrtwox hours! Illinois Thunder dinners this iifternoon or tonight, (no'er tonight north und estt Tues day, grnerally fair, rooter. Mlssoul Tlninilor showers this iifternoon nr tonlclil. cooler tonight, eviept extreme soiillit Tuesday, fair. Wisconsin Fair tonight 11ml Tuesday, cool er tonight und east Tuesday. . . Montana and W online Fair tonight and Tiicsdaj. Inuii I'alr tonight and Tuesilayt cooler to night. .Minnesota l'alr tonight anil Tuesdayi cool er lonlght east and soutlii rising trinperu lures Tuesday. North Dm knl:i l'alr tonight unil Tuesday night and Tuesday) Marnier Tuesday. Ninth Dakota '1'iilr tonight iind Tuesday, rnnler lonlght south, east mid central! warm er Tllrsda. Nebraska Valr tonight and Tuesday, cooler tonight east nnd central) wanner Tuesday. Kansas -I'nsettlcd tilth leciil thunder .bow ers this afternoon or tonight enst anil south, cooler tonight! Tuesday, probably fair, cuoter southeast, uuriuer extreme south CHICAGO, Aug. 27. While there was rather free selling for a tlmo in tho cu.n market 'oday tho low temperatures In the Northwest appeared to frighten those supplying the demand nnd It did not take a great deal of buvlpg to force tho market to 114 over Saturday's close. December ended 14c below the High est at $1.0914 to $1.09. The low was $l.ii,vs. May finished at $1.0014 bid, an advance of Use for tho day. The high was $1.004, and the low $1.01Ts. In the late trading early sellers covered and commission house buying on a fair scale was In evidence. Thero was some pur chases of new corn from Tennessee to ar rive hero In October and buying of Decem ber on resting orders at certain limits was fair. The samplo market was rather quiet but steady. No. 2 mixed being quoted at from $1.80 to $1.85. and No. 2 yellow at $1.89 to $1.90. There was quite an active trade hi oats and at one tlmo some of the larger cash concerns were good sellers, hut thero was good support on the declines from commis sion houses nnd from shorts and as a re sult the market ended VsC to Tic net higher, higher. September closed at BS'iic to 531-.0. The high was 53sic and the low 52iic De cember ended 14c below tho highest at D4c. The low was 52 Tic. May finished at the highest, GTVjc, and Its low was GO Vic. The samplo market was slightly easier nnd standard closed at 53ai(ii5Cc, compared with DlViUJODlie on Saturday, Thero Is 110 market for wheat futures. Cash wheat was Mimewhat lower, although tho demand was fair. No, 2 red finished at $2.15(iJ2.1C. against, $2.202.23 on Satur day, and No. 2 hard winter ended at $2.28 0 2.30, compared with $2.30. I.ei.dlng futures ranged us follows; Wheat Sat. Open. High, Low. Close. closo, eiV..- ,. :...- 1 -'"Vi luiii iiir, nvinriyr - 1.(I8'4 1.0354 r.s 1371 07 Dec Mhj . . Uals Sept.. Dec... May. . i.aru Seit.. 22.72 Oct... 22.7.1 Jan... 21.80 lllbs Sept.. 23.10 Oct,., 23.0.1 Jon... 20.80 Pork Sept,, "42.00 Oct... 41.72 Did. tAsked. l.ofl'i 1.041 534 5 Hi 57Va 22.87 22.8.1 21.77 23.15 23 07 20.S0 1.084 1.041, 5f 50Va 22.70 22.07 21.55 23.10 22.92 29.50 1.0914 1.0014 5354 t.14 57Vi 1.07J4 1.0.11, 53'! 591, 41.87 41. 00 22.87 t22.8.1 21.07 23.15 23.07 2.7U 42.30 41.82 -a.. 11 22.55 21.50 22.90 22.80 20.07 1 12.2.1 141.00 4- Financial Briefa James B. Kennedy has been named chair man of tho board of the Brier Hill Steel Company, to succeed Henry H, Stambaugh resigned. The New York Subtreasury gained $5, 660,000 from the banks on Saturday, mak ing a cash net! gain slnco Friday of $2,908,000. The Chicago Stock Exchange will be ctosed on Saturday September 1, and for Labor Day, Monday, September 3. There has: been placed "on the Tegular list of tho Philadelphia Stock Exchange $7200 additional American Telegraph and Tele phone stock and ,16.900 additional Ken. tucky Securities Corporation 0 per cent pre ferred stock. On the unlisted department there has been placed $7000 additional Provident Life and Trust Company Com pany's certificates of deposit for Phlladel- HM. s.wh,. 4.40W IIIUIIiaKR. UHU V.I. Sales in Philadelphia Net Low. Close, chge. 30 30 ., .. t5A BOVi 10V4 Vi 25 23fi 11 11 10 l(i Vi .. t01 .. 51 51 8Vi V4 i no 00 Vi 52 Vi 52 .. 3 3 20 20V .. 20i 20 Bfl 80 j 80 110 0414 94 Vi V. 4 4 .. oy4 004 .. 4.1 4.1 7y4 78Vi 120 120'Ji 49 40Vi 82 82 Vi High. no Am ltwy Co so Buff & Sus to . . 45 Klec Stor... 50 20 Ins Co N A. 25 100 Key Tel Cn. 11 38.1 Lk Sup Corp 11 Leh Valley.. .. 2 Mttle Schuyl 51 10 Mldvale ... 5314 5 North Penna 00 MOPcnna n It. 52 12 1'lilla Co c p 38 llBPhlla Klec. 20Vi 107 P It T tr cfs so 40 Hep Ir & S 80 50 Heading ... 89 2 So l'nc ... 04 Vi 325 Ton Bel .. 4 .10 Ton Mining 0 4 Union Tract 45 40 If O I .... 7814 4290 U S Steel. 122 W Je'r & S. 40V4 2ft Win Cramu.. 82 tQuotations given Is Saturday's close, Total sales, 5822 shares, compared with 1720 shares on .Saturday. MINDS Net .... , -,..,, "I1- ''"V. Close, chge. 00Alll a &. K Bs DO 90 00 8000 Bald Loco 1st 6s.... 101 14 10114 KH Va 1000 Con Traction N J 6s... 09 90 00 14 3000 Elec & Pcop Tr Cs .... 7(1 70 70 S looo Leh & New Kng Cs ..10114 101 Va 101V4 .. 2000 Leh Val cons 4 Vis 2003. 03 03 93 4000 Liberty Bonds W I 90 00-100 90 30-100 00 50-100.. 2000 Penna Co temp ctfs 4'. 4s 02 92 03 1000 People's Pass By t c 4s 81 81 81 2000 1'lilla Klec, 1st Gs ...looy, 100 100 4000 Heading Term 5a.. mm, mat, mat'. i. 1. 1000 Welsh Co Gs 1)7 07 07' nnaturdV"' S30.300, compared with J30.350 Local Bid and Asked Anierlrnn Stores ..,, llaldwlt I trill JO ' llult ft Susq t c . .do prof l.Icctrlo Storage 1Jener.1l Asphalt do pref Keystone Telephone.. do tr ctfs Lake Sup Corp Lehigh Navigation .. I-ehlgh Valley Pennsylvania I'hlln Dleetric I hlla Company do .1 per cent pref. .,," 'l'or cent pref I'hlla It T t c Heading Tonop.ih llelmnnt .... Tunopah .Mining Union Traction United (ins Imp V H Steel .......... York Hallway do prof Wm Cramp & Suns... INACTIVE PHILA. STOCKS Following are quotations for Inactive Ftocks listed on the Philadelphia Stock Ex change and In which there were no trans actions today. The price given is the last previous clot.0: Alliance Ins 20 Leh Nnv Amer Store :,7'i Leh Val Tr..i Antral :::::: -Anr ::: iTf. ."'": -,0? $ C.ntr.1 Y t " ?a 1 a. nan EXTREME DULLNESS RULES TRADING ON PHILADELPHIA STOCK EXCHANGE Bulk of Business Is in United States Steel Common, Which Is Lower Norfolk and Western Railway Earnings Good in July A much reduced volume of trading took place on the Philadelphia Stock Exchange In the five-hour session today. When tho mar ket opened there were very few orders 01 hand for execution. This was true both ns regards the local market nnd the Wall street list. The public was not represented in the dealings and tho small amount of trading that did take ptuco was done mostly by tho professional clement. If It had not been for United States Steel common tho ticker would not have moved very often during the session. Steel bright ened the market a little, but It sold off. Lako Superior was the most acttvo of tho homo group, but lost a half. By two o'clock only fourteen stocks nnd eight different lionds had appeared on the tape. The Norfolk nnd Western Railway tttn Ings' statement for July and seven month." which came out today showed good sai. both In tho gross nnd, net for the ?!' but, whlJo thero was n gain In the ?0i. for tho seven-month period, the net .. belpw a year ago. 3 Tho railway operating revenue for Jul. totaled $6,821,889, an Increase of $97 7i ns compared with July of last year; thill', revenue was $2,051,801, a gain of $30 st nnd tho net Income Increased $160 678 "til $1,746,195. For seven months tho rallw,, operating revenue was $36,623,828 an in crease of $2,636,650 J the net was $13 oi 962, n decreaso of $1,216,773, and the ri.'i Income showed n decrease of $96,341. win, . total of $11,940,068. .wiin I Today Saturday Mil. Asked, Md. Asked. .1(1 301, .10 304 0.1 (I5'4 0.1H tui'I 20 2Ma 2(1 2SW 57 58 57 5S .10 52 50 52 59 III) 5UV4 001a 19 2(1 19 20 .19 01 59 111 115i 12li n-i; 1214 O.i 07 0.1 07 1(!5i 17 17U 17"4 70 77 711 70'4 op; (iisi 111 '4 oi4 52js 52. 5214 52; "JO's 2!l4 29 4 2, 33 3.1 33 .1.1 .12 3.1 32 30 .18 .19 384 .19 3(1 ail4 30 Sll'i 'S5 s, s HX. 4 IJ4 4JJ 44 lljs ll 05, ltI 4IW 45 4U. 4.1 1,3 14. 13 14 .'(7 3S 37 38 80 82 80 82 Am Its s pref.,.. no pini.. c nald Loco Ofl'i ,, nrof f.f'e,1 S..' "'.' -9A ?J Traffio J.H.. . u.,! ii ci, I,,-, ,- K -y u....(u. .n. ,ui, ... ., Cninlirla Steel ...15,1 Catawlssa 1st pf. 52 Con Trao N J,,, 71 Cen Asphalt .... 20 do pref 50 Key Tel pref.... 11314 7fl 2714 40 5514 83 91 3S4 3.1 III! Co. nf 'si'l'"?,,' Warwick r ft S... a W N T ft P.... West Coal York llwvn York Ilwys pref. 21 7514 37 COTTON ENDS HIGHER AFTER IRREGULAR DAY Gains of 4 to 28 Points Are Re corded at Close on Cover ing of Shorts COTTON HKI.T WKAfllKa CONDITIONS and Illrniliigliiiiii. fl; rihreienorV Kt St Maivin:r1c,,,iVi-s,oV:,;!'v,e.iii!wc,r: NEW YOUK. Auir "7 Irregularity characterized the cotton market tho greater part of the session fn lay nnd at tho close prices were 4 ," ''8 Mint, net higher, but wero 7 to 13 Minis below tho top of the day. About tho onlv report to be Issued Friday Crop wS?i,ln I,ressurB at the start was checked by the Commercial Appeal report annm.nn lug a condition of 67.2 against 72 int 1?" The report said that tlfe poor prospers"' in i'k tarteer4t1fe0,,llar,!:rsro,d0uD slon bouses and shorts fr Comm,s- hourbo0mkefwahscmter,rter 0f a" with prices akutTnoln" XC T'YW pXs-ma1,ew1srXirS-ment. and. after their execution "Te- Ki.r'':: ?.5?a January . I;.' 21.18 Sl.M --Vi'? 5.1'? 22 10 Mayc"..::::';HV & hi al:i ss-jq spot ::;;::;: svJd 18 --"' -'1.75 ayjs -lll-ll; -3.o Liverpool Cotton LIVEHPOOL. Aug. 27.-Spot cotton was slow but steady. w,th nuotatlona fi s lower. Sales. 2000 bales : receln. ae. bales, includ.i.g IT800 bales Amer,car,' iT, quotations were: American i mlddHne, eP. l Sft ! 1orlr?agyd,"lf:41o7d85d ! "'""'. LOCAL MINING STOCKS TONOPAH STOCKS MocNamara ,PId Asked Midway .. ; .17 Mlxpah Kxtenalon ..I.;....-!::'"',., .18 Montana. Ir. .13 worm Hiar Hescus Kula ,,,,,f. West End ,....;,";" .12 .18 .10 COLDFIELD STOCK-H Atlanta, ,,,, , Illue Hull ' 7,5 .'3 Diamf ii h ; ;; 'Si '$ Daisy ?i". " Oro ., ' ' 'Hi " Sand Ken lii !'? MISCELLANEOUS ' Arliona United ,., ! ,A Nevada Wonder 2,i8 '.,!? '" -s- .34 Tecona Mining CHICAGO BUTTER AND EGGS CHICAOO. Aug. 27. BOOH Hecelnts 17 nis roses. Firsts. S0&37C! ordinary n?i"'s s"f? AiUef ml.eellunenii. .. ... .X 1' '".' a.te ? '.eU-SH "i m!'.llneous receipts, esses IneliXa' BSffaonei uiriiss, siivassi checks, lsj'akj', extras to grocers, fillers. SHU, u,iin. .:.T,acl ! , .BUBNB BPKAKMAN, from the Subtreasury for alraent to Can- l-Jaterat trust 8s,. 1, making total 1IU4 ' 4iUTT.?t,rIfl'tsPt iii'SSi n!s?ii,i-E,"': INITIAL TRADING TAKES PLACE IN BETHLEHEM RIGHTS ON CURB These and New Preferred Stock, When Issued, Most Important in Day's Operations United Motors Moves Upward ' NEW YOUK, Aug. 27. Tho most Important feature on the Broad Street Curb was tho Initial trading In rights to subscribe to new Bethlehem Steel "B" preferred and 1ft the preferred stock to be delivered when Issued. The rights started at 4Vi and declined to 314 shortly after midday. Tho preferred stock, when Issued, was traded In at 110 to 110V4. There was n steady tone to tho general list, with some stocks In good demand nnd making material gains. A good deal of satisfaction was shown over the Im provement In the market for United Motors, which continued Its upward movement, selling at 2214 to 22li. Submnrlno Boat was also strong, with sales at 2814 to 291i. Airplane stocks were less nctlve, Curtlss not being traded In during tho day. Wright-Martin sold at 9Tb to 10',i. Aetna Explosives was steady, with sales at 714 to G. Maxim Munitions sold at 14 to 114. Independent oil stocks wero steady, with most Interest attached to the trading In Crosby Petroleum, which advanced to 7C cents. Mining stocks were generally quiet and without important change In prices. I.., INDUSTRIALS Am Iteductlon Am Stores Aetna Explosives . . Am-Brlt Mfg Am Marconi Am Writing Paper. Bethlehem B pfd w do rights Canadian Car Co Can Car & Fdy pfd. . . . Charcoal Iron Chevrolet Motors Cram Curtlss Aeroplane . . . Carwen Tool Carbon Steel . . . , Emerson Phonograph,. Federal Dye Hendee Mfg Kathodlon Bronze pfd. Lake Torp Boat Lehigh Coal Sales Lima Loco Maxim Munitions Marlln Arms N Y Shipbuilding .... Nor Amer Pap Pulp, . . Otis Elevator Peerless Motor Poole Eng Itedden Truck Scripps-Booth S S Kresge w I Standard Motors Steel Alloys Submarlno St Joseph Lead Todd Shipbuilding ... Triangle Film United Profit Sharing. U S Steamship United Motors United Sugar World's Film Wright-Martin Air ... RTANDAIID OIL STOCKS Illinois 223 230 Ohio 30.1 375 38.1 Prairie Pipe 27.1 280 284 Stand Oil of California. .250 2.14 258 Stand Oil of New Jersey.500 59.1 69.1 Stand Oil of New York. .283 285 284 INIini'KNDKNT OIL STOCKS Pat. close Hid Asked (Snle) . 03 0.1 0.1 .3.1 . Vm 1 0T& . 5 10 . 2i 3 . 3 4 31i 108V4 1091i .. . 3V4 3Ki .. .28 31 . 03 09 . 8V 81)1 .. . 87 00 87 Vi . 78 8.1 . 44 45 44 . lovi io:)i io-i . 0.1 100 07 . (I 7 0 .40 . 28 34 . i Vi .. . ayH oi4 o .73 78 . 30 58 57 . Hi 1 1 .110 118 11.ia4 . 40 . 40?', 43 . 3TJ, 4 . .12 30 .14 10 . 75 8.1 .15 10 . 7 2.1 . D.1 100 . 10 11 10V4 . Vi 8 8V4 . 28 28V1 28 . 10 20 19V4 . 70 81 . IVa 1 lft . V .. . 4 4 414 . 23Mi 23 324 Ii .. . OTi, 10 . 1 2 10 Barnett Oil & Cosden & Co Klk Basin ... Federal Oil .. Inter Petrol . Houston Oil Merritt Oil .. Oas 2 2 Vi 2 10Vi 10 ." 1114 ll 114 4 5 5 12T4 13 127' 18 10 10 36V4 30 37V4 INDEPENDENT OIL Midwest Befinlng Met Petrol u Ohio Fuel 18 Oklahoma Befinlng .... 0Vs Osage Hominy 0 Hlce Oil y4 Sapulpa Befinlng 104 Sequoyah 1 Sinclair 24 United West Oil MINING STOCKS STOCKS Continual Sat. cloaa Md Asked (Hale) ..170 178 118 IV IV 19 0v 04' 'i' H 104 10 4ft 1ft 26 Alaska Standard Atlanta Big Ledge Blsbee Copper (a pros) . Butte Copper & Zinc... Butte New York Cal & Jerone Con Ariz '..... Emma Consolidated . . , First National Ooldfleld Merger Cioldfleld Cons Ooldfleld Florence Coldflcld Kcwnnas tlrcen Monster Hecla Mining Howe Sound Independence Lead Jerome Verde Jumbo Extension Magnate Copper McKlnley-Darragli Magma Copper Mother Lode Mines Co of America. . . Nevada Hills Nlplsslng Ohio Copper Bay Hercules Say Toy Stewart Tonopah Extension United Verde West End Con White Oaks White Caps Yerington , 25 . 11 V 0 Hi . Hi . 2A lft 5 .11 14 11 0 z 0 Mi 23 I! n.i 4.1 32 li 1.1 8V4 lft 304 13 ft 2 354 73 lft 23 28 13 1 10 1 1 2ft 14 3 7 64 18 14 04 5 11 I'll 28 )l 70 47 34 1 23 8 l'a 3 It 11-32 2 364 73 . 34 14 23 BONDS Bethlehem Gs Cosden & Co Gs .... Cudahy Gs Erie 6s Prencli T....lntnn, .... Itusslan Government 5 lis 704 Itusslan Government 6is 80 Southern nallway 5s.... 00 Sinclair Oil 6s . ' .00 Todd Shipbuilding 6s ...100 084 03 0.1 93 064 08 03 07 100" 07 V 71 814 07 03 102 23 It 1H "Vi Hi Hi JrV Hi 74 Ir. 2 27 H 63 41 33 84 IVi 134 ": ,4 (Ufa 71 LOCAL DEPOSITS LARGER 'i sTJ Excess Reserve Also Shows Gain for Week The average condition of members of the Philadelphia Clearing House Association for last week follows: Aug. 27. '17 Aug. 20. '17 Increase Loans S553.240.0UO 1333,273.000 '127,009 Kxchnnges Clearing II. 17,500,000 17,970,000 410,000 Duo from banks .... r.-.',4U4,o(io 117.390,000 5,003,000 Hank dep'ts 100,914,900 102,041,000 4,273 000 Individual depoalts .. 401,504.000 458.742.000 2,702.000 Tlmo deposits 3,800,000 3,774,000 32 000 Heserve with depositaries 68,730,000 54,025,000 4,711 000 Cash In ' vault 24,003,000 24,354,000 231.000 neaerve renulred .. 53,335,000 53,107,000 2"8 000 Excess of res. and cash In vault 28,000,000 23,272,000 4,734,000 Decrease. ' ' " In addition to the deposits above there wero this week $18,321,000 Government de- posits, against which no reserve is required. MONEY-LENDING RATES NEW YOUK Money opened on call at 3 per cent; high, 3; low, 24 ; last, 21403; ruling rate, 2. Bates on time loans were nominally un changed today at 40414 per cent for slxtv day 44m4 Per cent for ninety" days' 4 74 6 per cent for four months and 6 rier cent trading figure for Ave and six month,. On Industrial loans, on which thT ; bulk of the lending Is conduced, rates av erago 14 per cent over the level or, - mixed, and In the case of long.. L. fS32 in some cases ,, per cent h.ghef p'rTces'nave8 37i3,, per cent on' eligible.. M and PHILADELPHIA Call K m. time. 6 6 per cent. Commercfa, r,". three to four months, 6iS?i n.rnV' six months, 540674 percent. nti LONDON Money on call .. changed today at 3 per cent -A?. U?" of discount In the open market The lato bills was 4 per cent and fnr.t. r Bhort bills 4 13-16 gercenla"nchfangtehdr.ee-"'"''' . Bar Silver Jumps Again High record prices were ,,!,", . sliver In New York and I Londni?0h(. hy br when the white met." sold" rfliK?,!L Y' the former city and at 45 penc. ii .tV"1! In ter,3 These are the h.ghestalC',,1 Comparisons fMlow; a-isbi!HwaeS5 ftfc, aMi.ejrf: 4 M BETHLEHEM FINANCING Understood That $30,000,000 8 Per Cent Preferred Will .Be Issued NEW YOBIC, Aug. 27. Although no of ficial Information was obtainable of plans of Bethlehem Steel Corporation, it was learned from an authoritative source that the proposed financing plan was thoroughly discussed at this morning's meeting and It was virtually agreed that the company would put out $30,000,000 of 8 per cent pre ferred stock, convertible Into common "B" stock at around $1.15 a share. This means that the company Is paying at least 10 per cent and probably more for IU money. nn?l!LBethlehem now has more than $300, 000,000 orders on its books and is showlnr e.e! a" charK" each month, of about 000 000 r at the annual rate of $0,- FOREIGN EXCHANGE NEW YOBK. Aug. 27. The foreign ex change market generally was dull today, and there were appreciable changes In rates from last week's closing figures. Cables from London on rubles were weak owing to the reported political and military troubles in Russia. Quotations were: Demand sterling checks 4.75 9-16, cablei 4.76.7-16: sixty-day bills nominally .4.72. ninety-day bills 4.70. Franc cables 6-76.14, -checks 5.7714. Lire cables 7.45, checks 7.46. Swiss cables 4.41, checks 4.43, nilllriet palila. JO .1..-1 .... Pesetas cables 22, checks 2214. Buble cables 20,60, checks 20.60. Stockholm cables 33,45, cheeks 33.20. Christlanla cables 30.66, checks 30.40. Copenhagen cables 30,40, checks 30,15. , BANK CLEARINGS sJ?nrth5.c.,it,n", .t0,,r compared with corre sponding day last two years: ll!ji1Ale,pnl',i3'812.2R $31,18?218 $lt?.188.020 SL,On.","'.Su.(,5.107 10 528,8.11 14.867,604 New York... 341,807,518 204 881 2.12 208.O18.oM Kt,,tln.?.ri,,, 2.78.782 5.188.783 4.429.788 -. Lou's .. 23,895.82 17,074,089 18,010,022 Cnlc 77,072,048 68,147.768 NEW YORK COFFEE MARKET NEW YOBK, Aug. 27. The market for coffee futures opened unchanged to an ad- vanea nt R Hni.i. m , ...- ,i'M.. , i . "",ka. i-ruuinar on wo van w y. fairly active, sales amounting to 3500 bags. 8 aw Closs Cli ffl .id : Haf.i ,-j ,,,, Open Mlh Low Class Close jJ S!5'fJK.b""M..i. 7.4Q 7.50 T.47 7.44 .1.41 J M gnVyV;:;;:;::; .? m ill . A M .. ta.4lN.UA -i M.Q . 1.1111.111 . . , . v. . , . -. riv tsii. m AU ;: ..I.' ..,1 ..;" . VJslBB(k-l , JsEaallKl4MlaVBaT aVaSJaBsl 4J
Significant historical Pennsylvania newspapers