r!vfrPT M PKWHWl ,TAX FREE ISSUES CITY OF PHILADELPHIA COUPON,4 BONDS JANUARY. IMS READING COMPANY GENERAL MORTGAGE 47. BOND8 U7 PHILADELPHIA ELECTRIC COMPANY FIRST MORTQAQE 6 BONDS 1988 HE ILLY, IROCK & CO. BANKERS SC6 CHESTNUT ST. iinrDF.i.riiiA feBlPHTDELP?IA, TUESDAY.- AUGUST; -28, 1&17 -j .-, t"V f V" .Us Kft "t TT" . v Vi . fV ' v ffiNANriAT NWS-NtiW YORK AND PHILADELPHIA STOCK QUOTATIONS LOSSES OF TWO TO MORE THAN FIVE POINTS EESULT OF BEAR HAMMERING Various Groups Made Subject of Attack at Different Periods, With Motors Showing Least Resistance. Buyers Out of Market High Points in Today's Financial News Aggressive bear element controlled stock market. Losses ranged from 2 to more than S points. Prices lower on New York Curb, following move ments on big board. Grain lower. Cotton higher. Bethlehem Steel financ- man provides for 930,000,000 8 per cent cumulative piejcrrcu, cimi.n vito ,lD" common stock. New lows for rubles. Bar silver unchanged. ing Die A Remunerative Use of Money War conditions have caused many of the strongest cor porations to place on the market short-time bonds and notes. Mnny of these se curities are sellfnp to yield from 6 to 77c They are con sidered sound, have Rood markets and present unusual opportunities for a conser vative and remunerative use cf monoy. We will, on request, be Kind to make specific supKestions. I Bonbright & Company MORRIS 1V1STAU STROUD, Jr. Manager 437 Chestnut St., Philadelphia Ntv York tioxton Chlcier London farla Detroit . .OI.1arR$o. BANKERS 321 Chestnut Street Philadelphia "For the L Asking" I st REGISTER 1th Hon J Interest and Stock Income Tablet A PockeJ Edition Stock Bond Mortgage for Recording 1. Name of Security. 2. Date of Maturity. 3. Par Value. 4. Investment Yield. 5. Income Due Each Month. 6 Purchase Price. 7. Whether Free of Federal or State Taxes. 8. Trustee, Registrar or Transfer Agent. 9. Bond or Certificate Number. Form PL TG Wistar & Stokes X I Commercial Trim llulldlng I"? , XI IMiIlndrlpnln I r'M Tax Exempt in Penna. Free of Normal Federal Income Tax West Penn Power First Mortgage 5s Earning and Expenses It Months ended June 30, 1011 Cross Earnings $3,542,606 Operating Expenses,... 2,129,863 Net Earnings ..$1,412,742 Annual interest on B onds 425,000 ' Balance $987,742 Particulars on Application ' A. B. Leach & Co. Incorporated Inreitment Securitlei , 115 South Fourth Street KW Turk Chicago Uuffalo t JBoetoa tendon. En. Baltimore Fewer S. C. t Note., 1(31 n. I mnmim. fis. Ull. f Aeterla, Ore., Water Ok. KIT. tlagfcasa Tidewater Sa, 10i. iltE2 m rreferrea. 'J' Circular and Price on Application Jm t .1 r , morns oroiners 1,0, (KstabBstwa 1MJ) 1421 ChMteot Street new yoriK, Aug. :s. As tho stock market jnogrosscd today It became more and more under con trol of the nggre'slvc bear traders, who hammered and offered stocks flown when ever they found an absence of support, and after midday their efforts resulted In declines tanging from two to more than five points In lrtually all tho nctlo Issues. All the various groups were made objects of attack at different periods, but the motor stocks presented tho least resistance. Studebaker attracted attention by tho manner In which It sold down moro than flvo points to 46Vi, nnd there was a natural weakness in General Motors, which dropped more than two points, partly due to the fall of seven points on tho Curb In Cheviolet, which General Motors controls. Theic was a good deal of conjecture as to the cause of tho unsettled market conditions, which made It so easy for the bears to force declines. The majority entertained the belief that the stories published In tho morning papers, tolling of the attitude of Congress on protlt taking, was effective In keeping bujers out of the market on cither speculative or Investment account. Later In the day there were reports that homebody knew the prlre llxed by the Government on finished steel pioducts, nnd It wus nssumed, from the way tho market acted b those who believed this story, that tho Go eminent price was unreasonably low. Hcthlehem Steel "H" leflected dMIkc of the financing through which the stockholders puv monev to tho company Instead of receiving money from It. United States Steel common fluctuated from 12IU to 119VS. with most of the hupplj c'omlng from piofesslonal traders ltuslness In the bond matket was extremely small and price movements, even In the active Issues, were narrow. Some of the railroad bonds. Including Southern Pacific, sold off small fractions Philadelphia .Market Follows Wall Street Tho Philadelphia stock maiket w.ts undei tho same Influences as ruled trading In Wall street. Tho market was extremely dull during tho forenoon, the tiadlng, In fact, being the smallest of any similar period during the bummer. It was not until after midday that any activity developed, and then the In dividual stocks traded In did not reach large totals. At the same time the price movements were narrow and Irregular, as the general thing, although Steel com mon declined mote than a point, being tho most active, and Ohio Cities Gas, which lost more thin thtee points. Tot the flist time in a long while Philadelphia. Itnpld Transit trust certificates weie absent from tho tape all day. NEW YORK STOCK SALES Net High Low Olnac chge A It ska Gold M . .1 I5i SU . Alaska Juneau . 3i l,fc 3i . . Allls Chalmers Co 204 Sfl 20 i Am Iieet Sugar S8V4 87,4 87V4 4 Am Can . . 1211 4114 4IV4 14 do pref .. . 100 10S-S, 100 IS Am Car & Kdy Co 72 V4 004 70 1 Am Int Corp . . SI 30 SV4 IS Am Cotton Oil . SI'S 31 31 S Am Ice Sec 14 14 14 do pr . . St St 51 1 Am Hide S. I.eath 11 13 11 'i do pr 01 (IIS 0I4 IS Am Unseed . . la'i 21 -JS IS do pr . .. OSS 0i4 0S S Am I.oc motive . 00V4 02'4 OiVi 4 Am Malt pr .. 07 07 07 Vi Am Smelting . 09j 1)0 !)i.S S Am Sum Toll . . 4 47 47 ! Am Steel rdy . . 00 63 014 1 Am Sugar . 110 114 1144 SV4 Am Tl d Tel 11K 117 11H J- Am Toll pf new.. lot 101 101 I Am Wool SOVi 48S 48 IS do prcf DOS BBS 0014 V4 Am Zinc K. Lead . . i I 4 SO 50 3 Anaconda . ..73 71S "IS 2 Atchison . . DHS 0S h AtlGulf&WI.. 100 103 10S JV4 Bald Loco Co .. 0",,4 03S ZiVt "S Dalt A. Ohio ... ORnj (IBS 08 4- s do prcf . ... 08 08 68 -IJatopllas Mining . IS IS IS .. rteth Steel . . 3V4 11! UIV IS do IJ 110i 108 109 IS Hrooklwi Hap Tr. 00 00 fio -f Hums Uros 04 01 04 1 Iluttc & Sup Cop 31 30 30V4 3S Cal Petroleum . 1ST, I8V 1HS IS do pref . . .) 47 S 17 S IS Canadian Pacific 101 100 100 IS Cal Packing Co . 4114 11 II Cent Loathe! 87 S 84 84 IS do prcf .HIS HT!i ll.l'U Ccrro de Pasco .. 34S 33 34 S Chandler Motois 81 S 80S 80S 1 dies & Ohio S8S S7S S7S Ch'c (It West . . 10 10 10 S Chic M & St P 67 COS 6GS S do prcf .. ..107 lflOi), 100S .. Chic It I & Pnc t c 30S 2S SB 1 do B p c pf t c 31S SIS 34 S do 7 p c pf t c 67 60S 60S IS Chili Copper . ... 18S 17 17 1 Chlno Con Copper 64 fits 32 IS Col Fuel & Iron.. 40S 41S 44 1 Col Gas & Lice... 40 19 39 1 Col &. South . . . S3 23 SI 2 Consol Gas 101 104 S 104 S IS Corn Products, .. 31 S o 30 l do pref 07S 07 7 1 Crucible Steel .. 77 70S 70 0 do pref 90S 9 09S S Cuba-Am Sugar . 180 181 185 10 Cuba Cane Sugar. 33 S 12 32 S Del a. Hudson.. .10.1 102 102 S D I, t W 200 108 108 1 Den S. It G pref .10 10 161 Dome Mines .. .. 10 us OS . Distillers Sec... 30 37 30 Lrle S3V4 22 J'i 22 do 1st pief . .. . 31S 31S 33S IS do I'd pref . . . i',1, 21 23 Gaston-Wllllams.. 80S 38 38S l"i General nice .. 1S2S I'M 131 S General Motors . 1IOS I08S 108(4 2 Goodrich IJ F . .. 47S 46S 40S IS do pref 103 103 101S S Gt Northern pref.. loss 101 101 S Gt North Ore subs 31 33S 33S .. Gulf State Steel .107 I0J 101 2 Illinois Central . lots lot lot S Int Agrlcul pref. 84 31 34 2 Inspiration Copper 33 81 sis i Inter Cons Corp.. 0 0 o do pref SJ 33 83 Int Mer Mar .... 33S S2S Siy, do pref 00S 8S S IS Internl Paper .... 31S 31 31 s Int Nickel 37 S 36 36 Kelly Springfield 44S 44 44 1 Kennecott Copper 42 40 40 l Lack a Steel 83 81 1 1 Lake Hrle &. XV.. 12 12 12 2 Nl HUli Low Cloac chiti I.ehlgh Valley 0t 61 at s l.ee Itubber & Tire 19T ios 19S V I- & M Tob Co pf 110 110 110 1 ltr.t.l.n,C. .. ..n .. . 113 J 3t Manliat 1:1 113 113 M.i Motors . 32 31 do 1st pref ... 08 67 do 2d pief ... 20S 20S Mex Petrol . .94 01 S do pref .. . DS 04S Miami Con Cop . 30 31 Mldvale S3 62S Mo Kan & Tex . 8 r Missouri Pacific .. 30 29S do ctfs 31 31 Xntlon.il Hlscuit .104 103 Nat Con Cabin .. 33S 81 Nat Knnm &. btpd io 3BS National Lead . . . 53 34 Nevada Con Cop 2JS 21 New O Tex & Mex 32 S 3 IS New York Cent.. 8.1 82 N Y. N II & II . 31 31 N Y, Ont S. West. 21 21 Norf & West . ..no no isrrtnern I'aclflc. .102 101 101 .ov.l .-coiia Hteel 100 100 100 40T S 67 S 20S 01 3 IMS .. 33 52 S 2 S S'i S 83 (-1 103 4 31 1 39 S 54 31 32 83 Jl 1 110 2 48 0 02 404 52 72 33 31 03 40S 38 on . 10 JS 102S 10 40S 6S 02 S 40 52 S 72S 33 27 64 S 48 18 00 S 47 2 6 S 02 40 52 S 72 31 03 40 38S 00 103 s s 1 i'.i 1 1 Ohio Gas Ontario Sllvei. , Owens Bot . Ohb Fuel . Penna IJ It- ... Peo Gas S. C... PhlU Co .. .. Pitts West . . do prcf . Pitts Coal ctfs. Plerce-Arrovv . do pref Pi Steel Car pf H .vttel Spgl do pref .... Iliiv Con Cop. . Heading . Hep I & StteH do i f ... Hojal Dutcli Saxon Motors St I. S I' 11 is 15 Savage Arms ..80 80 so Seaboard A L .) 11 10 n Sears Hoebucl. .163 1110 lot do prcf .. ...12.1 123 i Sloss-Sheff S & I SO 60 60 04 Southern Pacific . 04 03 B3 Southern It H.... 27 20 27 ' Sinclair Oil 40 38 38 1 Studebaker 52 40S 46 1 Sup Steel 40 40 40 l Tenn Cop & Chein 17 10 16 Texag i. Pacific .. 16 10 16 . Texas Coinpanj . .178 174 174 1 Third Ave It H... 10 10 19 a4 Tobacco Products. 77 74 77 ' - Twin City It T .. 81 83 8.7 " Union Pacific .. 130 134 1.14 is United Alioj Steel 43 43 43 . . uiui iiiur .-jiores IS4 121 121 2 -' 128 Oil B8S 81 103 0fl!l4 . 10 .. 11 . . 80 .1 11 .163 ..12.1 I SO 04 00 20 86 810,, 10214 05 10 15 80 .10 1110 123 60 03 SOS 38 40 40 IOS IOS IS s 40 IS 00 so . 80 1 l 3 103S S oi S 16 1 IS United Iruit ....120 U S C Ir P & F. . 19 U S Ind Alcohol .130 U S Itubbcr i 17 S Smelt S. Hcf. 00 i; H hteel . . ..131 uo pref .. ..117 Utah Coppe: .. ,100 Va Car Chem . 38. Va Iron ( & C .04 Wabash ... . 11 do pref A 49 do pref I . ... 25 West Maryland .. IBS West Union Tel.. 03 Wentlnghouse Mfg 47 Wheel & L E .... 14 do pref 31 Wilson Co 63 Wilbs-Overland. . 30 do prcf 04 IB 131 01 00 4 118 UO 18 114 131 3 01 1 1 00 116 90 38 03 11 47 S 2SS 18 02S 48 13 81 60S 20 04 -1 Kx dividend Iltadlna; 1st pref., Del. L Hudson, XU. 110 97 4 .IBS S SS 2S US s 7 1 2SS 1 18S 03 45 2S 13S 31 07 3 30 IS 04 I ' Per centj Total nulri. 517.000 nhnrn, lomiinrrd nidi 270,400 hurf etrdari thu fur thU "", 833,400 nhurral name iktIoJ lunt nerU. 274,300 hliures. INACTIVE NEW YORK STOCKS Following are quotations for Inactive New York stocks and In which there were no transactions louay. -.ine price given Is the last pievlous nale, j-one jai cir pr ct 40 Col Bu 1st plot SS r Wo are apociaUMa In- f thiimi hlrmg (W Stwitita W mUtn eraora in im tnivrr Hoeuritie ttm HBUIBVBIB HI M.'l7 KLU.BI1. !. qo: , panMatt'or for cash. I TAT J AA.mm rTnr.il ..IIS Advance Itu-nsly, S do pref 2 AJax Rubber .... !,, do prtf 100V4 A H 8 F ctfs. .102 do ctfs prr....l do pref 11SH Arner Aar Chem 02S Am Car Vy pt 11J Am Express 8 Amer Ico pref.,l1Vi Amer Malt .....11,, Am Smelt pt ...118H do pref A .... 8', do pref U 91H Am flucar pref... 11 Am Buraatra pref OS Am Tobacco 188U Am Tel i'bl.. Am T i T 3d oraf 2M Am Writ 1'a prer aTH Aaso D o ia( prei n-j OIH Aaso Oil Atchison pref... Atl Coaet Line1 Atl O W I pf , narreiv wo . 0.1 ,10H'. . 62V4 ,1U3 Itarrett Co Pf...lS jiaia jco, vi...vy IMlh Hteel pf ..118 Htooklm Un Uas.10 tlrWarn fthrmak 71 r". -" jmw IT.., -- i"H nuurica ,, (Hant Fdr C Cant So Am ww m ijwm( V 5. I? do QA n, JM Cluett.reabodr pf.110 Cot South 21 C'omp Tab It Co, 4U Con a K U t P. .113 do prel ......113 Con Int Cal Mln. 17U Continental Ins.. HIS CRUl'tD,.. 70 Cuba Am 8uc pf.lci74 Cuba Cano pf . , , 89V4 1) S H A pref. . 6 Deer Co rrff.,,10m Denver H O ,. 8 DMrolt Kdlann,..13S nc stor Hat,,, saw Klk Horn Furl ' , 28U Oen Cltar Htorea. si Oen Motor prrt , , 86 llreen Can 41VJ Hurtman Corp,.. 03 Havana Kleo ...101 Uomestaka Mln -.107 Int Air Corp.... IB Int Iarv Corp ... 7i da oraf . Int NlckllBrr...10: Iowa Cent .,.,,, 4 no prri "!., Jewel Tea ..... 87 Kansas City Ho 1US Kans South pf, BS jteok, D M.. 4V4 Laeled Oaa i. .. 00 k,ia" "' T-rVl i. beiTraa sju . 16 Ixiula & Kash ..132H M H V L 8 H M 1U2 Mackay 80 llackay Co pf.... 0U Manhattan Ilearh 1 May Dept Store. S1H May Dept btr pt.105 Mich Cent 110 Minn 4 Ml L n-w I (Hi Missouri Pao pf.. D2 Morrla I Ksstx. 8UV4 do pref UH Mo Par o of d f p 6tVi M K ft T pref.. Ilti Mont Power .... 88 Mont Power pf,.lln Nat Acme ii Natl Cloak . Nult 73Vt Nat Rnam B pf 01M Vat BH Mex 3d pf fl 1 I C SI L.T. X6 N T O ft W 2d pf t.0. NY Dotk , 11H do pref ; 40 Norf ft South,... 2IU Norf ft Weat pt. 81H North Amer .,.. oO Ohio Oas rta .... ni Pae Mall 27 Pan.Ain Pet pf., tm ao prior px ct.. S3 On P rtlco S ...,;07 Southern Ity pr., syi. standard Mill pf. hj Si L 4 South.,, . im: Stand Mllllna- ss Studebaker cf .. B4 Texas rta i(U Tidewater Oil ."os lol 8t L, Weat..! 1 T St I, ft W ctfa 10 do ctfa .,.,,. 1414 Tranaue VVllltama 4114 ! Pref bo Un Baa- ft Paper, lift do new H2 un uiaar u pr...no U Sltub let pref, 106 T-fUert Dru .. 78 Underwood United Dyo Tspe.luu IVO Wnnjl llri do pref eslt f.r.' X?-'.J'M!H ' V.UM1 tfi. CIIB If I att (i Pitta Stl of., Preased St Car.. 671 ruiinun jrai v;ar 43 iiciwiivar , .... 1W K Unit Drur lat nf E4 I'n Pas Uoard .. z7tt Unit Ry Invest. 8 Un Rwy Inveat pf IB 'I 8 Kxpress,,.. IS It S Ind Aljo1 pf.lOSVi U 8 Realty Imp., 15V V B S HM St. M)C Utah 8eo Corp.. 17H Va Car Chem pf.lll , . do lit pref,.t'sH4 WMtPaa n R.. 17 V , do oraf .. 4T Whit Motora,.,. 44V4 tvia Central !'.. it, TJ,, New York Bond Sales HlKh 117000 Am For See 6 H1J 17liniiil Analo.Kremh 6 I1 7HIHI Am Hmelt ft lief Cs.., IS Ooun Am Tel clt 4s SO , 1 .moil do ,1a IMIS .'(Kill lo cvt 44" I''1. iihxi Armour Co 4Hs 80S 83IHI Atchlsor Ken 4 SOH .mini unit ft Ohio .in o', 4UIIO , lorv44 SlS -Jiitm Halt ft Hwn .1i ... 84't iikhi llunh Term Hide 4s... SO., 170(10 llordenux 0 1S 4ISI0 Can tlovt 1031 1MJ lildiiii Ont leather 1st 5a . 004 4(ioil Chill Copper 7 111., liiuiiii uo conv as., .. , tirnii Chi ft Nnn H K r lNddil C'hl II ft It Joint 4s limn Clil II ft g III .1li t .nil ,10 s SI IIS Ill's 7 ss"i HN', Ml', h7 10 8J!i us .-lino C M ft St l Btn 4s 20a 811, ,(iuo ao rra ', 7(1(10 do cv 4V4a. 700(1 Chi It I A V 4s rniili Col Indusirlil Ss . Ssooo City of Paris On S' 00 Con (liia conv (Is . 4000 Cerro do Pasco Os, .'(inn Den ft itlo Or 4s "(Mill do 4U. .. IIKKI Dctrnlt IMI lat 3a .1.1 Hill 24(1(1(1 f)la Hecur Corp 5s. . 71 II1O011 Krle conv 4s Her II M lliiiKin Fri-nch Republic 54 a OS 4111111 Indiana Hlcel .'" . , Km Miuo Interh Met 44 12 IftdOii Interb ft T rcf Is Mil 2511(1(1 Inter Mer Mar fla . 01 'S JIHKI lnlrnl ,n.r Ra . ?.i 2ISH10 Japanese 44 s . lnno do nev, t M 44 s lnunn do 14 s l.nc sin lnno K I' Mouth 1st 3 1000 K C Ter 1st 4i 7000 I.acka Uteri 5s ltl.'l ,.'.', i.iMiiniru ,1" . t,i 871SOO l.llirrt) llond l I 3S 110 98-100 h 1 nmi i.ions Us ... HIKHl Maraclllea (Is . . 15(1110 .ManhattHIl tli ll IIKKl Minn ft Ht I, 4s 1000 d , r.s Hum M K T 1st 4 SIIIKI do 14 h HllKMI Sin Iac tt I H 1U2I O-.llliO do Kfll Is 10(1(1 do lis . IIHIM Mnnlnm, l'riunr '.a 1(10(1(1 Ml I t Mm fa 4m4 40(11(11 Nnt Tul 1 5s llll'i ll.,-(m X V ( t If Us 101S lnno do la 7!) Illlllil V III II ill IC.4 21 1 N V lt 4s SI 51(11(1 (I 1 Is Jl I'Ollil XI 1, urn 14 1144 -nun Xorf 6 Wist I'liih Is S(. 5(1(111 Xnr Phc Is . . Srt 10(1(1 dn cm .In , . (,J I1111111 1'iirllli 11 5a , . 11114 IMinti I'.nnii kcii it 44 . Ii-"ii .'000 Public Srv X J : . S7 Usui Itrp I ft H 5s 04 noon t I. I SI ft H Hlf 4s 7J'I l'lllllll St I, ft H I' ujt .. I,', .(mill) do In . . 11 7011(1 dn Her A , 1.(1 limn Ht Paul M ft M in 4a .till. 1000 Kan A ft A P 1st Is (IJ 4lll( 1 ' nhnard A I. nilj r.s Ml SI J4 hiS hllU 784 n ilf , lOll'i Hill'. II 111 71! 7 IIW HI'. 1114 so un s4 NII4 111 Si S4'4 HIJ4 Ill's us 100J4 844 IIS, UIJ4 7II 8HV4 81 4 tulU sou 7nU niS Close uv l3 niS 811 UH sn 4 Ml(4 111 s" 84 '4 Sll 1I3S 014 us S44 NO HIS SHU Ml', 7S4 11.14 111114 1HS4 inn 711 1110 75 rn'4 07 111(1 014 Ull 111 73 SS Ml4 87 on s.". IIS 70 inn 75 51 II 7 '4 HlO 114 110 111 75 81 mi's 87 no 82'. IIS US4 11S4 lls4 " do-ioo 00 98-roo ill 111'. hi 47 IOI. IIS II 114 lit IH. 81 47. US'. (IS II Ii IS II III Iil4 H4' 47 US, IIS .11 iilU 'f 1IKI4 lllllU 1IKI4 in' in', in;; limn bnuth Pnn r 4s . M liliilin 1I1 , Ts . 07 1(100 do rfd Is . S1' 50110 South Kw Ren 4s 11'iH 21(1(1(1 Inxns I'n na. . . 102 1000 IV cat llp la . Ull Ilium I' llnhlir ."s. KS4 111(10 t S ltublir t 10J noOIHI I' 1 Mini h.l" 5s 1114 minil C K f! II A I la 07 111000 do 14s mis . . "OS i mi ,1,, -,ik nun ii-iy, 51000 do 54 s nw 11110 UB;'. .Viilllil do 14s Ill21 . HIS 5000 VV'tst Hlcctrlc la.'.. U0 4H IIU 1H(I(4 711 111 5 1 21a 1114 Ml Ml (12!. 11114 III. 87 (HIS 11114 112 511 hl. 0114 s-,4 i.-.'a 1(12 till 10. 1-4 11114 I1104 70 HI 51 UH 1144 SO 80 IIJJ. 0(14 III'. S7 1184 '-".' Ill4 SlrS. nns 112 5H Ml, on, si's nv, 102 Oil M. in3 HH'4 im', Hi's in". ti4 liB4 014 in'. unu IMS un. in. 1114 004 Total nlf, S2,188,ms, compared llh 81,801. 000 jeaterdoi thus fur tnla eek, SI,143.(KSJ sume iierlod lt week. tJ.IHO OOP CORN PRICES DROP AFTER GOOD START Large Supply Results in Easy Close, Following Covering. Oats Active and Lower OR UN llr.r.T WKVrilKR HIKH'VST (HH'Adll. Aiir. 28 The wralher forernst for the nrit Ihlrti-'.U lioura folloa: HllnolH -I'nrtl) loud north mill weat, lliiinder thoers southeast! cooler tonUhtt Medneadn fair. VIlHaoiiri Kulr tonlelit nml VVcdnf aduj 1 rooter euat mid south. 1ia(oiistn Knlr und contlmiril cool to ntaht und Wedneadu. Vllnnraota Inlr nnd continued cool tonight! Hedneisdrtv fulr. louti Fair nnd continued cool tonight! ed neadnj fair nnd allxhtlr viarmer. North und Mouth Dakota l'alr lonlilit; 1edneadii usrmer. ebrnskn Fnlr tontcht and Wednesdnt i warmer Mdnedny rt nnd central tonisht. Kunsns rulr tonlcht and Wrdneaduyi Hornier Vlrdnesdaj and In extreme north to nliht. Montana nnd Mjomlnx I'nlr lonltht nnd tednesda, CHICAOO, AUB 28 Local corn traders were sellers early and expressed er lienrlsh views when they found that there was no sIrii of an Increase In old corn arrivals, but, when the market failed to Bhow ajiy heaviness fot ntvv ciop movement", the covered and foiced tho market up However, .1 itood htipply came in later mi which price slid off rather easllv and beatish traikis -sold aealn for jhort account The market closed easy, with Dccembei nt $1 08 tu J107T, a decline of li,c 'Ihe high was ;i 07 and the low $1 07 '4. May finished at Jl 05', to Jl 05't, a drop of lUc 'Ihe range v. as from 1 07 to $ 1 0 i Ta . Tuare was a good demand Im the sample market, however, and prices for cash corn were several cents higher. No 2 mixed ranging from $1.85 to Jl 8", compared with J 1.80(t? 1.85 yesterday and No, 3 jellow from J1.1H to 31.94V&, against ?1 8D?1 90. Business In oals was large and nhorts dlsplajed a good deal of nervousness especially In the September position, because of the cvtremely large receipts following tho good weather in the largist producing States and the appearance of wet weather now. The trend of the market followed corn to somo extent, but the tone was much better, being steady at tho close. September ranged from BIS to 53sc, end ing nt tho lowest, a decline of Jc. Decem ber closed at 53ic, a loss of ..'. The high was 54V5C and tho low 53Hc. Slav finished V40 above the lowest at 57 Vic bid, a net loss of '4c. The highest was 68 Sc There was a good suppl of wheat in the cash market and prices eased off materials . No. 2 red winter was quoted at $2 12ft 2 13, against t2.15(5 2.1G yesterday, and No 2 hard winter at $2.202.2G, contrasted with $2.,SC2,30. Leadlntf futures ransed aa follows Yesterdjj's Open High Low Close tloso Corn (new delivery) Dec l.OOh I.OS'4 1.074 IOS 1004 Stay .. .. 100 1.074 1 01S 103,I004 data- Sept 14 344 .114 til, 314 Dec. ... 644 544 314 til. 114 Slay . . .. 37'. 084 67 M7'I 374 l.ard 8cpt 22 07 21 01 22 07 Jl 01 22 87 Oct 22 87 2107 2 J Sll 21 01 f 22 81 Jan 2102 J1.85 2102 Jl 82 21.67 nibs Hept 23 11 23 30 2115 2110 2113 Oct .. .2101 JS 21 2101 21 Jl JS 07 Jan. . . ..20 70 J0S2 JO 07 JO DO ju.70 Hept. T. ..42 40 42 05 42 40 42 111 42 30 ' Oct 4180 4J.7J 41. SO 4J.7J 41,82 Hid tAsked. . Financial Briefs Sales in Philadelphia T-ow. 100 SO SI) High. 200Deth Stl n 107 160 Idea Storage SOS 7 Oen Asph pf 00 Ins Co N A .. Key Tel .. .. 361 1.k Sup Cp 1S 0 Lehigh Nav 76S SOLch Valley.. 61 Little Schuvl ,. 10 Lit Ilros .. 21 100 Mldvale .... 33'4 10 Nev Cons .. 2S BON V C & II. BIS North 1'cnna , . 10 Ohio Cities O 46S 401 Henna II It 32S 1 Ha .Salt Mfg DS 6 PhllaCocum pref ... .18 112 I'hlla Kite 3DS 1 It T t 1 . . 13 I'hlla Trac . 77 77 10 Hay Cons 26?J 26S lOOStudclultcrC 30S 0M 700 Ton Ilelmont 4S 4 135 Ton Mining OS 6S 10 Union Trac. 44 S 44 S 70 U O I ... 7fl 7BS 7203 V S Steel . 121 UBS 1H 230.VIllys-Ovtr. 80 .10 30 8 W Jer & S S 40 40 XV Cramp Net che. IS S 10S 70S 61 23 33S 22 S B3S 46S 32 01 S 38 20S Close. 100 SO 80 t2S1i .. fll I6S V 70S 14 61S t51 23 38 S 2 MS V B3S V4 too 40S SS BtS V 01S 38 20S tsos 77 26S SOS s s s 4S S s s 44S Mi 7BS W IS s 40 f82 s Net Low Close. chRc. 00 50S S DO UO 100 100 S 70S 70S 6S 100S 100S Vt Quotation given Is jestcrdij's close Total miIm, 10,177 shores, compared with 3822 slmrea clrriln 1 thus fur thl week. 15 0'H shurrai nunc iierlod Innt eek, 0278 shares. IIIISHS lllk-h flloo Amer Cns & Ulec 5s . 00 S 6(100 Con Traction N J Bm 01 1000 Cltv Is 1917 100 1200 I'lio Ac I'top Tr ts . 78 1000 llarvvood Ulec Cs. I00S 12610 I. lb Hnnds OOOI.IOO 00 50-100 00 00-100 40-100 1000 Lch Valley Coil 5s. 103S 103S 103S 3000 I'cnn 1 Co temp ctfs 4'sk .02 02 02 looon I'hlli i;icc5s 100 100 100 2000 Heading gen Is 80S 80S 80S Total ,,,,t jhio, compared with 10.1O0 jrrdni thus fur this week, 874,910! same period last week, 810, 400. Local Bid and Asked s Anicr stores Drill J'Li llult ft susu t e . di iinf lliillivln Loco , Kl ' trie Morale (lem nil Asphalt do prcf . Ki stone Tel (I j t 0 Like Sun Corn .. Lthurh Xiu . I.(h!i(h al . . ... IVnna It R . . Phlla hlcctrlc . .. I'hlla Co ... . do 5 per cnt pref. do 11 per icnt prof P It T t c ... lleadlnc lonopih Ilelmont Tonopah StlnliiR I nlon Traction . I O I V S Steel ork ll) do iiref Mm Cramp ft Sons Today llld Asked .HI .114 3d Jil -.84 -(I 57 IS 57 5J 1(1 5J (IJ4 (114 115 5S4 l.ll 50 19 JO 111 511 ,Vl Vi .111 114 U4 11 4 I 1 I.H (II 11,4 HO4 KIH "II 77 7il (' (114 rttS 52 5J4 5JJ. 204 204 24 IJ 1" ill IJ 11 SJ is 111 as 2'i jo :w MI'j Sll. 87s. 44 4A 41? nJ n, 14 II 444 784 7S41 7S4 US'. II .17 . 7S III14 lJd's 14 II .IS 17 71 SO Yesterday Hid Asked .14 284 .IS 50 1114 1.0 20 III U4 117 17 ". OJ4! J'I4 11 81 .VI .104 88 474 II 4 45 7sH 120?. 14 .is SJ INACTIVE PHILA. STOCKS following are quotations for Inactive stocks listed on the Philadelphia Stock Kx change and In which there were no trans actions today. The price given is the last previous clo'c: Allium o Ins Amer Stores .... do pref Amer villi . .. Amer (lis .... Am fias vi ar.... Am Rjn pref.... Ilald Loco nrlll J O IlufT ft Susii t e.. llun" ft Susii pref. camnria iron 20 874 on 10141 14 00 06 J94 IS 51. 43 Cambria Hteel . ,151 Catnwtssa 1st of. 52 Con Trao X J... 7t Oen Asphalt , . 20 Key Tel pref... I.eh Val Tr do nref Mlnchlll North Central . Plula Co do pref Penn Traffic .. put Un Cos of X T.. Warwick I ft p.. W X Y ft P.'... West Coal 1 ork Hhis .. . lork Hwys pref. em 4S 514 81 .184 81 24 2'1'j 216 0 21 , 754 14 . 37 MONEY-LENDING HATES MIIV IOHK Money on call opened at 3'j per cent; high j', low 3, last J, closed 3ifiSU; ruling 3'i per cent. The market for .mc money on collateral Is nominally unchanged ho far as good mixed Is concerned Quotations are: i3i'i. per cent for slxt divs, IS ft 4 per cent foi ninety das. 4 a. $1 E per cent for four months, and 5 per cent trading figure for live nnd six months. The greater part of the loans Is on all Industrial securities and the tone continues firm Loans have been made for four months at 5H and GS per cent is bid on all Industrials for maturities into next January and February. As n general proposition the minimum rate on this class of loans is 5 per cent. Bank acceptances aio unchanged at 4S and 4 per cent on Inellglbles arid 3at and 3" per cent on cllglbles PIIII.AHKI.PIIIA Call, 5 per cent; time, 5I1&I4 P'r cent. Commercial paper, three to four months, 5',6 5ij per cent; six months, 5 S 0 5 percent. corre- BANK CLEARINGS Hank tlearlnas today compared with annmltnir ila last two vears 1017 1016 1015 lloston .... 130,077,542 827,706,772 121. 2111,412 Philadelphia. 40,707.171 .11 180 OSS 27.141000 Xiw 1ork...607.SOS,J4ll 4HJ 810 573 .173 276 055 I'altlmore .. 0 024 810 0 200.010 Chicago .... 74 004,430 011,081,410 10,074,500 HI Loula... 21.211 OSS 14.402,823 . ..I.." siniiviMriirvr , ism wiiawniija rai..ingii a tWV VWHWrHMr WktvklW . WOMWtWflllf MatsVai a, 1Mb I mmm3m?m mmiimim;,' mMmNrfcti- ,- iv The annual report of the Texas Company for the ear ended June 30, 1917,. shows surplus of $19,724,526 available for divi dends equivalent to $35.54 a share earned on (55,500,000 capital stock, compared with $37.66 a share last year' on 137,000,000 capitalization, dross earnings were )54, 339,050, Increase, J1C.C30.6C8 ; net, $22, -907,924; Increase, $7,161,501. Radcllffe Cheston, Jr., manager of the bond department of Kdward B. Smith & Co, has received a commission In the United States aviation service.. In the tliree months ended June 30 the New' vYorlc State railways had operating revenue totaling $2,067,903, an Increase of $24,278, as compared with the correspond ing period of last year. Th8 net, after taxes, however., was $75,544 below that of the previous ear, being $538,376. Payment of the final Installment of 30 per cent on Liberty Bonds which wljl be due. Thursday of this week, js being re. celved In advance In small amounts from subscribers. Thee remains considerably less than $12,000,000 to be paid by sub scribers in this district. p The NewTork'SubtrMury gained $8l mmmm$ FOREIGN EXCHANGE NIJAV YOItK. Aug. 28, In the early deal Ings today rubles were quoted at the new lows said to have been reached at the close jesterday. Yesterday's low figures were, however, not generally accepted The for elgn exchange market generally was dull and In the main steady, French exchange held. Otherwise there was ery little of Interest. Quotations were: , Demand sterling checks 4.75 9-16, cables 4.76 7-16, sixty-day bills nominally 4,72, ninety-day bills 4.70. Franc cables 5.76S, checks 5.77s.. Lire cables 7.4G4. checks 7.47'i. Swiss cables 4.43, checks 4 45, Guilder cables 42 1-16, checks 41'i. Pesetas cables 22 55, checks 22.40, Ituhle cables 20, checks 19 85. Stockholm cables 33,65, cheeks 33 30. Christianla cables 30,85, checks 30,60. Copenhagen cables 30 45, checks 30 20. . 1 German Deposits Fall Off ; llUlTLiN, Aug. 28. The statement of the Imperial Bank of Germany as of August 23 shows tho following changes (figures In marks). . Coin, Increase 5,040,000; gold, In crease 388,000 ; treasury notes, Increase 20, 298,000; notes of other banks. Increase 976,000; Investments, Increase 20,451,000; other securities, Increase 66,938,000 ; notes In circulation, Increase 43,599,000; bills dis counted. Increase 301,76.(000 ; advances, de crease 6,838,000; deposits, decrease 205, 532,000; liabilities, decrease 31,913,000, BAR SILVER Last 1617 Today Test, Tues. Hlah I.ow Naw York (cent.) 88 88? 88VI 884 71C London (pence).. 43 49 444 43 33)) DECLINE IN PRICES ON STOCK EXCHANGE UNSETTLES BROAD STREET CURB MARKET Good Demand Appears for New Bethlehem Steel Pre- f erred Dealings in Airplane Stocks Are Small. Independent Oils Lower . NHW YOniC, Aug. 28. Tho market on tlio Broad Street Curb was unsettled by the drop In prices on tho Stock I'xchango nnd nearly every thing traded In was established nt lower levels. Most Interest wns nttached to the business In tho new Bethlehem Steel preferred, for which thcro was nn active market, with sales fit 109 to 10714 during the first half of tho day, and In tho same period the rights sold at 3 to 3si. Dealings In tho nlrplanc stocks were small, with transactions In Wright-Martin nt 10'a to 9T4 during the forenoon, nnd a small amount of Curtls's was trnded In at 44i to 441,,. Aetna Explosives made the same'narrow range, the forenoon sales being at 6'i to 57s. Submarine Boat had a mtiPket at 281. to 27, but the belief thnt sub marine Importance has materially lessened, restricts nnd prevents outside hulng nnd the price Is determined for the time by representatives of controlling Interests. The Independent oil stocks wore generally lower, Cosden selling nt 10't nnd 10U, Mcrrltt at SGM to 3C, Midwest at 174 and 176, nnd Oklahoma nt 0i and 9;. Crosby Petroleum was Influenced by tho weakness In the general list nnd reached 67 cents. Cheviolet, which opened nt 87, dropped shortly after noon 1o the new low record tif 80. s Mining stocks were generally steady, with the Jerome stocks the most prom inent featuies, both Jerome Verde and Calumet nnd Jerome selling nbove 2. tf IMIUSTKIAM nid Air lleductlon .. 02 Aetna Kxploslves .. 0 American-British Mfg . .1 American Marconi . ... 2n4 American Writing Paper. .1 Beth Steel rights 3' Beth Steel II prcf 100ft Canadian Car Co . . . 28 Canadian Car S. Tdj prcf 03 Charcoal Iron Vi Chevrolet Motors .... 80 Cramp 78 t'urtlsi Aeroplane 42"i Carvven Tool loji Carbon Steel 0.1 Federal Dyo 40 Hendec Mfg 28 Lake Torpedo Boat .... Oft Lehigh Coal Sales 75 Lima Loco 31 Maxim Munitions I ft Marlln Arms Ill N Y Shipbuilding 40 Nor Amer Pop Pulp . . . 3ft Otis Klevator 52 Peerless Motor 14 Poole L"ng 7,1 Hedden Truck 1.1 Kcrlpps-Booth .? 18 S S Kresge w 1 u.1 Standard Motors 8ft .Submarine 25ft ht Joseph Lead 19 Todd Shipbuilding 70 Trlingle Film lft United Profit Sharing... ft Fnlted States Steamship 4ft I'nlted Motors 21 World's Film Wright-Martin Air 0 Zinc Concent 1154 Yes closo Asked, (lale) 04 10 3 4 3ft 107 e 34 60 ft 84 8.1 43 ft 10i 100 34 6ft 78 58 Hi 118 43 4 56 in 83 10 100 8 26 20 81 "ft 4 31 ?i 0ft 2ft 03 64 81 14 111 8ft 28ft lft 's 23 io STANDARD Oil, STOCKS Illinois 223 230 Ohio 311 380 Prairie Pipe 201 270 Stand Oil of California. .212 243 Stand OH of New Jersey 580 381 .Stand Oil of New York.. 278 280 imiih'kmiiim oil stocks 234 282 B irnett Oil & Gas Cosden & Co Llk Basin Federal Oil Inter Petrol Houston Oil Merritt Oil , Midwest Ref V . 10ft . 10 . 4 . 12ft . 18 . 35 .160 2ft 10ft 11 4ft 12ft 20 36ft 171 119; 4tt 12ft 18 36 ft 176 INDEPENDENT OIL STOCKS Continued . Yes cloas Aslfpil Ic.i.t ar-. M-i-1. . . '"' iuci i-eiroi liV '18 0ft 0 Ohio Fuel Oklahoma Itef . . Osago Hominy . . lllco Oil Kapulpa Kenning 10ft .Sequojah . 1 Sinclair 24 United West Oil 74 MIMNO STOCKS Alaska Standard 25 Atlanta , 12 BIS Ledge lft Blsbee Copper (a prosp) ft Butte Copper and Zinc, . Di liutto New York 1 ft Cal & Jerome 1 j Con Arizona 2 Kmma Consolidated .... If, First National 2ft Goldflcld Merger ,1 Goldfleld Consolidated .. 51 Goldfleld florenc'e 14 Goldfleld Kewanas 11 Green Monster 1 ,, Hecla Mining 0 Howe Sound 3ft Independence Lead 9 Jerome Verde 11, Jumbo extension 26 Magnate Copper f )J McKlnlcy-Darragh 64 Magma Copper 41 Mother Lode .10 Mines Co of America. ... lft Nevada Hills 15 Nlplsslng 8ft Ohio Copper lft Bay Hercules 3i San Toy 3 Stewart 11-3- Tonopah Hxtenslon 2ft United Verde 35ft West Knd Con 70 White Oaks 1 White Caps 1,', Yerlngton 2.1 BONDS Bethlehem Us 08ft Cosden Oil Cs 03' Cosden & Co 6s 01ft Cudahy 5s 04 Krle Cs 96ft Russian Govt 5 '4s 70 Russian Govt 62s 60 Southern Railway GV:S . 06ft Sinclair Oil 6s 90 Todd Shipbuilding 6s ...100 lft 19 91)1 9ft i' 10ft lft 26 Tii 30 13 Hi 10 1 2 2ft lft .1 6 54 18 14 IrV. Oft 5ft 11 "l" 28 n 66 46 .11 Hi 21 8ft ft 3ft 4 I ', 2ft 36 ft 73 3ft lft 21 081ft 96 06ft 97 97 ft 73 82 07ft 93 102 0ft OH "a 10ft ll". "tl 26 "ft 1H 'oft' "hi lft 6 60 1 OfV HI 26 ft 67 43 .13 4 2H 21 COTTON ADVANCES AS TRIESTE FALLS Bulls Use Italian Victory to Boost Prices, Claiming It Brightens Peace Prospects COTTON IlhLT UKVl-IIFR CONDITIONS NLtt YORK. Aug. 28 The follolnB tem prrutiirranrre recorded In the cotton helt I'll? inornlriKi Ahcllle. 6O1 Oklahoma (lt. ".I.11"1!-.. Meridian. 64t KnnfTlllr nnd Nash vlllo 6O1 Abilene and MrknhlirK. 08l lort Smith, little Rock. Memphis and Macon, 70 Mobllp. Illrnilnaham und Atlanta. 72i u ciiuta. Havannnh and IV llnilnrton. 74i llel Rio, 1 ensacola, Montgomery, t linrlexton nnd Jack sonville, 76 San Antonio, New Orleans and Tampa, 78 1 Corpus Chrlstl and Clalrenton. 82. There was .01 Inch of precipitation at Taiuim and Oklahoma tltr and .18 at Abilene. NEW YORK, Aug. 28. Wall street and western bujlng was In evidence to a great extent In the cotton mar ket today and the reported evacuation of Trieste by the Austrians gave the bulls Just the Incentive needed for bringing about it goci advance in prices, the argument being usoij that peace prospects were considerably brighter as a tesult. At one time prices were about 2 a bale higher and the close was only 10 points be low the top, the advance being 26 to 31 points. A continuation of ) e,stirday's covering movement In preparation for tho Govern ment r?port on .Friday and the holidays at the end of tho week caused sharp advances In tho market this morning. It opened gen erally 5 to 10 points higher and In a short time had sold 25 points over last night's close. , Most of the southern spot markets were lower last night, but reports from the south west Bald that the farmers were taking their cotton back home rather than to sell It at the prices current. Tho early bulge met Increased offerings at an advance of 17 to 28 points. There was a good deal of reactionary talk around the ring, based on much the same arguments as that of yesterday. But the demand from shorts seemed to become less urgent after the rally of about 70 to 85 points from the low level of tho previous day, and the market turned unsettled later In the morning. Yea close Open High ui .: ui 2 4U " " ' 44 22 11 22 43 2J 28 () 22 50 22 74 October. December. January... March.. . Ma) fpot '. 10 ii V- 22 40 23 10 Low. 21 U8 22 04 2207 -'2 43 Last, 2 J 31 22 SS 22 35 22 51 2-'.70 23 43 Liverpool Cotton LlVnitPOOL. Aug. 28 There was only a little demand for spots, with pilces ten points higher. The sales were 3000 bale The receipts wet 35,000 iiales, Including 33,800 bales American. Spot prices were American middling fair, 19.33d: good mi.i! dllng, 18.0d; middling. 18.40d; low mkl. dllng, 17.95dj good ordinary, 17d ; ordlnaiy. lfl.OOil. LOCAL MINING STOCKS TONOPAH STOCKS MacNamara Midway Iflzpah Uxtenslon Montana , North Star Kftcuo Kula . . , Bid .11 .11 lis to ..II OOLDFIBLD STOCKS HI lie Dull Ilootll Comb Krai' Dlamf 11 B Daisy ...!..; . . . . . . Oro ,. Hand Ken hllvcr Pick MISCELLANEOUS Arlzom. United , Neada Wonder Tccopa Mining , .02 nil .111 .02 112 .01 .112 .IM !.l I 32 Asked .17 .18 .11 , 01 .07 ,0(1 .04 .III .02 .114 .11 May 'Retire Shipbuilding Stock CHICAGO, Aug. 28 Controlling Inter ests in American Shipbuilding Company have been In conference and are reported to be considering plans for retiring the pre ferred stock. The plan contemplates ex changing preferred for part common stock and part cash. Expanding wljh crude oil prices on tho rise with eirnlncs for the first half of 1017 more than twice as large as In the first 10 months of Ita existence in 1010 and . rapidly acnulrinr new all properties, the future of OKLAHOMA Producing & Refining Company presents an tntereatlne study of the possibilities of a complete oil unit from production to the market, "Curb News" contains a com plete anal) Meat report on this company. Send for current Issue 750-T.U. JONES & BAKER STOCK nilOKKRS Widener Bldg., Philadelphia Hell. Walnut 1000 1. Keystone, Race 2200. New York , Boston -''lo Pittsburgh Direct Private irtre. JO.VJ5S d BAKER. Widener Bldg., Philadelphia, ra. Send m jour "CURD NEWS. 750 T.U." Name irm Cl'v Staf -t DIRECTORY Of ACCOUNTANTS Certified FubUe AtMunUnte LA WRENCH H BROWN CO. 1615 IllCAt, K8TATS TRUST. BUILdLnO "i.rciW"j r " mm 4- BAR SILVER NOW AT 88c for S&A'iJ? IM? pr'osperit, TONOPAHS COEUR D'ALENES COBALTS onchely and ,ntcreStingly 8et forth in our lWw folder coverinTuicse This data is Free on-Request. You should, not be ivithout it. FOX fit COMPANY STOCK RROKttOB N Real Fatafat Tnia RIJ. bill- - m . V , , -., a auu Private Wires ?? c ii.."V ""-' 30 Broad Str. Nw Ycjrk kmiiiA.im.mmj V fkl JSKb
Significant historical Pennsylvania newspapers