iyw .' EVENING PUBLIC LEDGER-PHILADELPHIA, SATURDAY, MARCH 2, 191S V Iv ' I SHORT TERM ISSUES NETTING FROM 6.807. TO 7.73 UNITED KINGDOM OF GREAT BRITAIN A IRELAND COLLATERAL TRUST Bs SEPTEMBER 1918 ONITED GAS IMPROVEMENT CO. 6 NOTE3 FEBRUARY 1919 MEMPHIS STREET RAILWAY 6". SECURED NOTES NOVEMBER 1919 PHILADELPHIA ELECTRIC CO. 6t SECURED NOTES FEBRUARY 1920 REILLY, BROCK & CO. IIANKKRS 206 CHESTNUT ST. nilLAUUM'lIIA BARNETT OIL & GAS CO. Producer Kcfiner Distributor Th United bUied Fuel Administrator has icnt out nn urgent cutl to producers to tncreasp thHr output. Harnett has greatly increased Its dally eroduction: from 11 to 40 wells, naturally trently lncrrnsins M mrnin capacity. rrudo Oil ha aiHnncpd 10,. Harnett Block at prevailing prices eflrm an oueptionally attractive Invest '"bally ctl"o innrket around $1.25 per ' Tor General Information Morton R. Alexander Philadelphia Stock Exchingc Kids. ti Mllllnm ,t.. N. Y. 'liv NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRB STOCK PRICES TAKE DOWNWARD COURSE ON NEW YORK 'CHANGE Speculative Liquidation and Vicious Hammer ing of Bears Cause Recessions Steel Industrials Attract Most Attention High Points in Today's Financial News Slack price tumbled on Xvi York ejreluut'le. due In iiiceulalii-e iIim' Ulan ami hammcrlnp o l,rar.i. Humwrt inis lacliliw an the Curb aw' rvlliiet rcultnt or mnn,i hums, llniitn,; at mi... helped vrnln market Cation, declined. Voielon exchanae lontlnued dull, l.oam Increased In the cw York bank statement, hut all other Itemn ncre bilmr last u-eck. Hank clearing throughout the eountru "rrr above hint week, liar ultver prices icerc unchamjrd In AYio York and London. New York Stock Sales I CURB ISSUES DROP, LACKING SUPPORT lllell lam Alaska Juneau 2 -J Allls-Chnlm Co 2.1 ss tfc Am Beet Sugar 80, 7ii Am Can Ifl'.d ao. ni C R V Co. 7?'', Am Cot Oil... .11 Am U H I. ... l:i',i lo prof.. . . 01 Am Linseed. . ,1'ij m l,oco. . . fin'A n Hmeltlng. . 8a uo prtr mo,. (. loS- Net time. hi i.t ni :u HUVi. , ln'T JS'h I 7!", I :hit n, 7,1I(, iy 31 ', I 18 'H I II 'It a: v. Nearly All Active Stocks Pressed for Sale Hous ton Oil Strong Sales in Philadelphia 7.t. Ni;V YOUR". Mnr.h 2. I'llO rtirl) market mnli.il In tn.l..nit iil'i. 151 ""ll ""' trading on tlm i. tool. exchange. S(ii9 j nearly nil tlic mtlte Issues btlng pleased (. n or sine at iini.Ii rate iYcIIuch and show- ll Sum Toll . mi mi (in 'ti ing un absence of suppoit from tin- tu rn tITx't'' ,','.V ii .icT' ""' l-fT"1 "''" '''ul ''"'" "lentlflcd li ''" m Wool i?K liu .' i p'PoratlonM H. nmny of these Issues. Vm WrlS.'pr-f .u2 V4 '-iS ' HouMon oil .,HI.it rptlonally Am ZIik- At Ul. 1 1 it, t'i i'l', stro"K ff.ittn.' In tlic cnily tr.ullnt.', ml- Aaicoiula 113 nt i.J'm V I VV'011" '" ,s'j. '"it It ilia not iiiiilnUln AUhlvnn .. . K.1'.!i Hfii h-.v-j 4 thN Kllln ImiK. Sales Correspondence Advertising 1 An American. 3S iPnrn oM, R vcirn lurffMful bulldlns bulTirsf exprrlf nrp In flrrulUn cupirltlcs, wltil special Iraln Inff In nbot llnps, df ft tph id rhanpci hM position April 1st IiiIIIhI pit try l'J4nl ppr rar, with room tn prow nn renults ir thown. J 610, Lctlcrr Central. DIRIXTOUY Of ACTOl'NTAXTH iNcoMU tax i:xn:nT StclnbiTlt tllll Ural llntatn Trunt lllils. llfll phun. Walnut 78'Jll WAR TAX nllTL'HXS iunPAni:ii fltAXl'll &. CO . I,.iml Tillp lllilR. (Vrtlllftl 1'iiltHr Arfnuntnnts LAwnuxcK 1: nrtowx & ro inn iti:.w. i:stati: tiii'st ui.ua INtF.HTKIATi: t AIMITAT PHTN'i;ithIIIP mnroitATiox s. dimitthh accduni.s G'ortfl K. VatHon, O. 1. A. 13th Kloor, Ileal i:stal Trut Hlilu. Audits. Tax reporta. NEW YOKK BANK STATEMENT Increase in Average and Actual Loans Kcscrvcs Decrease XKW YOItU". rnrcIi 2. TI10 Now York bank Hatpment thN week hIiouh big lticrfuse In iiverace and actual loans with decreas-p In reserves In both oases. Details follow, avi:iiaui: liiirilif loans . . $l,'JTtl.4.1,noii JJil.aTT.dOi) t demand dc rosltH t:i-.if.. 1 .in 11110 i mi imii htl time depnMtn ins. ill 4,000 l,n.',.-'ooo ,n o.'.i ihiii ;i ,o 000 JUII. IDS, Olio .-i.-iO.OMO Clrrulnllon I'mtl in aullN lie sene of num. bir banks In ie W lltfscrie In Stale companies . Iteere In Shim banks nn'l irut , company depol I tories , , ) AfCretfalc rtern ' Ilfaero required. Durpiui 101 :iiis,ihi tin r.tiu noo i.niij ono I IT.ono NEW YOKK, March 2. With the rnd of the week many holders of stock mutually lircame tired of RtnndliiK on the hull Hide, mid hi the two hours of tradliiK today operations Included a nood amount of pccttlatho llauldatlon ni well na the usual vicious hammeiliip; hy the tradeiH committed to tho bear side. The combined supply resulted In declines raiiKltiR from 1 to more than 3 points all tlirounh the list, with most attention devoted to the steel in dustrial", linldwln Locomotive, reflected a halt In pool activities and dropped 2'i points to 75 In the first hour. There was some pressure of longi to check also In Vnltcd States Steel, which, after a show of strength nt tho statt, declined more than 1 point. Utah Copper showed a belated Influence of tho dividend reduction yesterday and declined around 1 point, hcllinir below SO, with other cop per stocks uenernlly showins fractional losses. Uallroad It-sues moved in tho same manner, little attention belns; paid to tho prospects of the patsttiK of the railroad hill. ,TIio weaker market conditions wcro generally duo to the calling of many loans yesterday, forcing the money situation again Into prominence, but sales were also Induced in some cases by feats that arrangements for Government financing may necctsltate somctllquldatlon by those who will participate to a substantial csttnt in tho subscription to the new Oo eminent loan. Thero was active trading In bonds, with the Liberty 4s continuing tho most piomlnent feature, thoo bonds ranging fiom !ii5.5l) to Pil.TO. Anglo-riench 5s !old nt Wj. Is Chancellor von Hertling Sincere? Tho problem which Wall street has luen eiideavoiiug to soHe this week Is whether there Is the slightest dcgieo of sincerity In last Jtondaj's speech of nerinau Chancellor von Hertling. The Chancellor on tho surfuco indorsed the well-known four principles which President Wilson had set down as the essential preliminaries of negotiations for peace. Hut In tho meantime, even after the Bolshevik representatives had stirtendercd to every demand, the German army has continued on Its way In an unopposed march of conquest. The leson Is obvious for tlic Kntento as a whole. It appears safo to assume that the real verdict of Wall street Is that the war muit go on until the military clique of (lermany Is overthrown. As to any aid in tho form of revolution in Germany, the prompt collapse of the strikes last month leaves ery slight hope In that direction, Wall stiret be lieves. Tho teported disagreement between tho Austrian lhnperor and Uio Kaiser likewise falls to recclvo serious attention, slnco Austria Hungary has apparently become -o completely Fiibscivlent to and under the control of the German military administration. 1 STEEL MEN DISCUSS 'RETAIL TRADE IS AHEAD rnwnTTTON OF TRADE I OF SAME PERIOD IN 19 Representative Gathering in New York Confers, on Cost Sheets and Differentials s 14:1,11011 il."i,ll."i7,IHH) 47r, r,7.i "in Ir."v ii.,.ii.i,iiii -a.o.r.-...lit TlmilPlI SluffM ilntktillu ,l.t..n,.l 077.OOO '" "" ---"" -.- ISPu'e Included, $71,7!n.U(jl). DeirouBe. ACTIUI. Loans ... 5l.31L',ilill,0Oo ",1,i;7o,ou0 Xet demand de- .po"1" t?,." 10,701,000 :I3,iPI,iiiiii Net lime de- 174, .1111,000 7.470.IK10 31,737,000 'JStl.llllll U.'i,733,0UO S.Vtl.OUU ",nun 1,1.14.1111(1 1.1(11. 170 .i.a.v.1 .1.10 posits Ctreulatton . .. Cash In Vaults. Jteaerte of mem ber banks In lle trve bunks.,.. Hnerc In Slato banks and trust companies Restrte In Hlalo banks and tru-t eompany depos itories . . , Aggregate. res5ro Keserie required -ourpius 450,8011,(100 tlO,28S,()00 10,19(1,000 117,000 SJII.OOII 313,000 IS4, 311,00(1 4l),SJtl,lloo 471, Mill. 1,10 I, .1.10, 770 i -.in i.-.i, 1-. ..--. . ,., , 'iliieu Btuifa deposits doducud, ?13b, IfOtUOO, .-ix:ile Included, $73.,13!i,0oo. DecreaMe uuTMiui: iinmc stati:mi:xt , l ili II .M(H ini.i.is.mn 1T,172,III 23, 000,100 37,3IS,(K1(I SSd.iU.MIHI Increase Jll.1ill,7"0 l,47S,-J(lil r,70,7no l.lol.L'on 11, ullll, si iu 17,6.11,100 iia.uiiii l.oan lnest . meats . . 'Oold ... '"ilty b a n It bills ll,inBl I'..., I IkS. iv-iip rijcrai CP TA'"rvn nnk ot it New York .. . iDeposlts . . Kessrve on depoa- " ll)3.Sb.1.20O 1.001,3(10 IJTt i.r o l.fBB "' resere. L'l per ra.nt, n 1" creaxe :t (t n a., , - THUST CO.Ml'ANIliS J' oa. lis lineal. P'nt" 12.017,07.1,000 J17,7l7,10ll P.0 sii.osii.'uii 1:1,1011 llirrenty b a n It tinott7. .. 11,210,100 403,000 Deposits reder.il ge.erio linnlt of w York .... 200,2.11. .10(1 fi,R.17.10D WPOslts . . . 2.201,0.10,2011 10,802,000 llesere on depus- ' ,11.1,711') SOU 81.10,2OO rercenlai-e of rcsere, 18.S per cent, de crease. .1 per rent. JAK..BANKH AND THUST rOMPANIKS AJ KKPOHTINU TO ULUAniNU IIUUHU n,"""a IS74,:i7.l.20(l SSii 17,1)13,7011 ..notes ... 12.U1.1.700 "2S."iiii K ir2tH"ta lderal Hi V Reserve Hank of '-"'w York . , . , 72.2nn.70a no7.soo rotai q,poBita ... nsii,-jir,,7oo ir.20j,700 m!i.Seroll"sJ t()4, 144.000 13,068,100 Jltlervo on depos it ' tu." 1 114.JH.OOO 7711,800 1 Percenter,. r.t PaBB.... 1 I ...... ...., .,,.. Hk r,.V- ner cent. ft "ecrease. -iIG GAIN IN BANK CLEARINGS MlncreasQ of 14 Per Cent Compared MY With Last Week I if '.J0?! clearings of bunk In tho princl- ,;ri ltl6s of the country for the week i IE?4 'oaay show a big Rain oier last W viIe,K ut are lower than tho same 41 week last vtnt. th afcrAVa(A ta te 4 'UH'SH''69'1 This compares with JB.037;. kr . lll'm ,a" woek ano Ji.600,47D,8a the A m. c?H.""" ween lasi year. i'nua Ire Detalls follow: In,? mia loi- r,,- w.'J?' York.jj,n3.272.n42 2,nni,04i).308 i3 6 Ni:V Y(JllK, Match 2. AVhat was probably the most lcpre sentatle gatheilug of Iron and steel in terests In recent ycarr, was held In tho YValdoi f-Astorla Hotel hcto on Fri day, Jlen fiom nil the pilnclpal lines In tho Industry attended the meeting, which was nn all-day session, and after ad journment no Infot inatlon was foitli comlng. except the statement that tost sheets and dlffcientl.ils wcro-dUcussed. There has been much talk lecently of nn advanco In the tlxed prices, but tl-o situation Is so mixed that those, who usually are willing to discuss the various angles aie, at present, more reticent than they hac been known to be at any time In tho past. The knowledgo of the inability of some small, companies to show u pioflt on thu present llxed prices has caused dis cussion In the last few weeks of the possibility of haling the Government takn oer such plants. Hut the leading ttcel authorities say there is no uason for such nctlon. Tliey point out that the Independent companies Iihao been given materials vhcnccr It was found necessary and nosslhle to do so, een to tho estent of suppl!. Ing raw materials at a price w Iitt.li was below what tho articles could be purchased for In tho open market, Tlnie alone will tell what the outcomo of tho cntlro situation will be. Operations of finishing mUls at the end of tho week for the cntlro Industry Is somewhero around tho 70 per cent mark, according to a lending authority, with the Indications that thero will bo further Increase if tho railroad situation continues to Improve, so that products can be moved from the storago yards and raw materials can be brought to the mills. Federal Reserve Bank Statement The condition of the Federal Reserve nnii nf l'hiladelohla for the week ended jestciday compares with tho pre vious WCCK as liillimn: ni:sornti:s March 1 Tebruary 21 .?J.,!i.ff."iB?iuiT.r: J10.700.317 J10.r,02.000 Gold settlement fund balance -,,,, v ., ,,.,., Oold with forclsn ., ,., acenclej ' '"",' "" "" 1917 Chairman Austin Reports Conditions Generally Good in Local Reset vc District, Except Ki eight Troubles I'lchard , Austin, chairman Cedeial llcsfrvu Hunk nf Philadelphia, icport- Ing conditions In tho Philadelphia He- servo District says: "Asido fiom tho Interruption In bus! ness caused by tho closlng-cViwn order on Mond.ts, theie has been no Impor tant change in conditions, manufacturers as a rule continuing to operate to lis near capacity as circumstances will per mit. "Retail tr.tdo Is running ahead of bi!.t year, both In quantity of goods sold And in value of sales. Dry goods, ho siery, underwear, etc., ate lit scant sup ply, and on account of the continually advancing prices letallers have a ten dency to overbuv. In many ca'-es there Is a (Msposltlnn to expand credit bevnnd normal amounts, but efforts are being made to keep them within leasonahle lines. "The railroad embargo and the em barrassment and distress resulting fiom fielght congestion, scarcity of Tuel, etc., have been the absorbing subjects of the month. Due to the inability to mako shipments, laigo quantities of finished goods have accumulated This has ie. suited In cm tailing production and the tvlng up of much capital. "Collections throughout the restrict are repented fair. In some lines, such s Iron anti steel, me conuition is sonie- vaieonda ti.i m ! V I cing to IS j. but it did not maintain iVUhlson .. . K.l'.a H.VJ nv H this gain long. ilopref... KHi slii, Klin ", Aetna KiploMves, which had been for M II t Jc IV I. 11 '2K. ill I1IK. li lonieilnia li, ,i. .... .1 n,. . , ,. ,-. ;:," ,i .;. ., . . f.i...,n it, Minim, nj-, imc .111 LOCO. I O . 77M, 7.1 7.14 iVl Of the MC-lknH Nooe- fHI ..., III. fi.'i, ...Vj IN isit. WtlKht-Martlil also showed pio'. I i J? i)licei weaknei-s. with ttansactloits 80 so .. from S In 7'... 77-Ih 77Vi I , Chevrolet tanged fiom 1J0 to US'. 00 Ioiitj, ', and fnltcd Motors sold nt SSIt'JS. ".'t "!'n. ) ' "" ,'' lxS' geuerallv, wem l.mer. with in i' " " ' "kl'ihoma selling at 7, Merrill at ID'.. Id ni H '"! Midwest ltelhilng at no and .Vorthwest ti:ti. mi. i(i 't tUts.'L' Halt Si Ohio. . ABU no pref . . f,i, Hatopllns Ming I Heth Steel . .. 80 do 11 ... . ,, 7.a do 3 pel pr. ..101 Ruins Hi os 111) Rutto Cop .1 V. ICVi Cal Petrol .... nn, do ptef . . Id Can Pacific .. I liii t em Leather. . 701, ,0 erro do Pmvo 31 1, 31 'i .1 Ant fias. 83' i 8.1 'i 1) Am It pf so 8" Raid l,oc .. H .- S Pf 17 I. leu Stop 10)1 loiin Asppf m 1 1 In Co XA 3. Hi 131 I.k Son l! l.-.T- .10 U'h Xav, HH4, ii3 20 l.h Val ,181. ,181', Mlnelilll .... . . 2i1 Ptlinti lilt 111', to I'.i Salt M inn, I OH Pitt Coal ni do r til pf . s Phii.i 1:1 v.vii 2.18 P I IT I i Stliij .IPblla Ti 71 1.10 Rt.nlliig . 7HV, ion Ton Hcl . ;i aij. Hi I'n Pac .p:ith li(, loo Cu Tiac. 4o Hi 1.1 C ! I . . . iihi, H8 I3JO C S Steel i(l no 13 W 'tamp S3 8 1 lll'i .It 23 ',4 l'1'4 13 .11 l le 8-Hi 80 t!8 lll'l'l ,11 2.1 V4 ,. I.Hi (1.1 W. r,ni, tn N't I lie t- '.1 1 1 BUSINESS EXCEPTIONALLY SMALL 'fe ON THE PHILADELPHIA EXCHANGE:; ru till Prices Generally to Lower Levels, but Trading Is Soi'w Light Changes Are Unimportant Treasury vM Certificate Subscriptions Liberal i5S - - -.m The local Mo. k mnkel was so small Tim total withdrawal of depoflls by- -iu llVii 4 N ,,,lrl,ig toda.v s shoit scwloii that ilevel- the Government from depository bankln -a lion i i, 'opm. nls wen, or little lutcic-l. Lvcii Inslltut'onj in the district this wek, Jtl .11 I", IStiel, tisttallv the tnott active Issue, i atnounted to about $11,000,000. Not- vffj '''i!!'1 " !jns uiiiisu.illv qulei, onlj two small Ui llhUandlng thut the lleecn-e Bank ton ia i I .)'l 'i , oiochs lalicllur li.ltuls illltltit- the nryt n..,ni,i ,t,.d mi In.tlin it.nl ti tiilfa ev.ii id 2il"j I N I hour, with the price advancing a trifle m ere compelled to get aid to any marked J!,1 ;,ir, ,,! i-in ' ncr starting unchaiigid, and at Ho I evlent because of the withdrawals. '4f$$ n'i' ' ., I mnrVirn ii, He... i . i ie 1. t I ltlcl.il of railroads operatlnn eisl-'S V , ' It cm r . i , ' V, n "',f' ",'";" ''f'l fr' Chicago and Ft. Lout. W-?JV 11 a" it- lieMe , 1 VJ .. ... .. I '' etlt iii Ihc w ay of clearhu; confJ 83 "T" 1X , rr1 ' , ' l ,r.'L.. ;,J.:U--.' conditions ty.he leadlngVtil up a I rifle, l'lllladrlnbl.i Ttactlnn was li.l.il wile,, 211I! .hares, inmpirril ulili unchanged from last night's closing l"t::: i:'ia:tk- "i,iiiuo.tii,. i.ut n,io., tuuuh dropped 11 iuii point 70V 3I',4 Mining slocks verc fnlilv well hold. I Rig I.i'dgo being trailed In nt V;'n I'n'.'in '7ni'!""r -vJ $V,' !('"-) - ' ''onsolldated fopper Mines was'tl.ulec !'hl GtVeslem " "! "7 i - U ! '".'I'riuV '""! "cU "M, ') , Chi M & St V. I1H4 III to 7. 1 ... lr,lr' cinpl.ine was falily active .. . . . ... - Mltll.ilnill-l r. m do pref . 71114 7ol inV, a, I c & Northwest 11.1 ota, dji, a., I'hl It I ,: V to 9IHS sii'h "W "s do (i pe pf t c ft.1 .11 ,1.1 ti do 7 pc pf t 1: (l.lVi (''!" iHh t"s CI1II0 Copper . tflVi HI lil',i .. Chlno Con Cop 13 Us. I!, nd Col l'uel A; lr.. 38)4 3814 38'u .. Col Gas Ac Hlec 3.1'i, 33Vi 31V4 Consol G.is . Ill) I'd 1111 . . Com Products. ,i.in ,n :t.ii,N ',i Crucible s:eel ni'v, hi ntH 1' Cruclblo StI pf 8i)'i so", som Cuba Cano Sug 3J'i 31, III", ', I) L & W . .158 178 U8 lien A It (1 pf oft I) n Distillers Semi- .Hl'-a .ist, :ih , J'rln I7 IH, in, h Gaston Wins .. sin, i, :in, Urn Diet trie III 138 13'iS, 1, General Mot II814 tint, nsi. , Goodrkh II I'. I.T 1,1 t.1 - ', nt Noith pr iu n: n; , Gt Nth Ore sub 28'j 28 28) ',, Illinois Central. 1)1 III 1)1 I Inspliatton Cop 4.1 ; 1.1 1.1 1 Interb-Con C pf 13 13 :tl f lilt Mer Mar . (,, 28i, 281, I do pief nsi, D71., 1)7", I'i Inter Paper . ap, :in i, :n "4 Pit N'lekel 2KV. 28'S '.'S', N Kennteott Cpr. 3!-i, MVs :i2',j "! Lack Steel .. 78i. 78 78 I Mny Dipt Str. m Hi 4t 1 Mcx Petiol . tilti; li.l'H n.l'i I'i Mldval.' Steel. .1.1 li. It', -S. Missouri Pac . SJ'a 22',4 a 'i ',-a '4 Nat Con S. Ca t.1 IB, 1.1 Nat Liutm & St IS", 18 18 Nev Con Cop . Hin ItlN ID1, n, N Y Air Hrnke lilt ism, I27"i IN New York Cent 7 Us 7IN 71 N ", Norf & Vct 103', tot lot -1 North P.k lllc . 81", 81 8.1 14 nhio ri.ii 3D", SKV, 3KV ., Pacific Mall .. 20Vj 21" j 2''j :!i Penn It 15 . II UN 1.1 Pere Mauiiutte 12 IJ It ''-'i Pitts Coal. .. .10 .14 'i .1.1 !' Pierce-Airow .. 1."i II II', 4 .. I5v Stl Spring .13 .1.1 .13 1'4 Ray Con Cpr. 24 'i 21 21 Reading .. .77 7.1 l, 711 Rep lion Si Stl 77 'f, 7(.h Tin, IN Royal Diikh 7(1 7(1 7(1 Seais-Roebuck. t.HUi 118 1I8N 3N Sinclair Oil .3.1', 3t',j 3ITh 'A Southern Pac . 8.1 '4 81 8.1 I Southern R 15. 24'-, 23',, 23 Stiideh.iker . . I8'h 47 '4 ls',4 '1 Supclior Steel 3.1V4 3.1N 3.1'j Ti'tin C . C w I IH'1, HIV, in a N Texas Co . .ISI! Uli'.j 1.10 Hj Tobacco Prod .11 ID .1') I', Colon Paellk. IJJi, IJ1", 12U4 h I'nlt Cigiir Stts 8')' 88',, 88 1, ', V S Ind AUU..I2IW ll UD'4 1 IT S Rubber .. M-'i .17 .17 ' r s sm & iter ir. 1.-, 14 t.iij 14 V S Steel . .. HI", DON DOjj, l) do ptef.. . . 110 100!, Ill) I'tah Copper . so-), 7DN 7 ', 1 Wabash 8 14 8'j 8', .. do pref A .. 12 12 12 "', do ptef H... 23 23 21 Westghousi . IB, II!, IB, a, Woolworth . .117 117 117 I ', Willys-mil Id. I8'j 18', 18', -S with sales at ,17 1, r 37 IMIl Mltl.VI.S 111 I Al'tll.l i:lloslMs ... Ml, Am Hrlt .Mfg :t Am Mini mil .... .1', Am Wilting Paper. ., .. Mr Itidiii'tton ... 71 Canadian Car (' 2.1 Cm Car .v. Kdy pief. .11 Chaiioal It on si, Clieviolct Motors . .118 Ci.itnp . . .. 811 Cuitiss Ai'tnpl-iiio . . . 311)1 driven Tool ' Cat lion Steel ... .so Dm. is. hi Phonograph. :n, I', dual Die II. inli... Mfg ... .111 tiiter-Llibn I Kaihn.lton Rrnnn pf . Lake Torp Hont a Lrhlgli Coal Sales. ... 77 Lima l.oct 10 Maxim .Munitions . . ; Mai Ha Anns so N Y ShlpbliV . . . 30 Nor mor I'm I'uln. . 'i'. oils Dlcvatof . . . . Peerli fcH Motor . . Poole Dm; in Redden Tllli'I; Scrlpps-Honth Ill S S Kresgc . . , , 7S Stand. ml Motors .... I." Steel Allojs 1; Siibiuai iue Si Joseph Lead I.T'. Todd Shlpbldg 71 Ttlanglo Mini ... ,n', Culled Pi, tilt Shallng. 'j C S Stcaiiishlp 8 t'nited Molois 21', Putted Sugar 30 World Kilm '-j Wilght-Martln Alt- . . p. Zinc Com cut I I'M .loi.' Ak ki. 1 n 3'j i'i 8(1 it .18 8 It, l-tlt 81 37 N I) 81 3', 21 3 I :i'i 81 M I'i 2V, 37 III Vi 1 8 '4 1,0 1.1 20 81 13 I II I MIS Net . . Illiih I.mv ik.se ihii StOOD Atl city R It R DS'i IIS'4 Il8',n .. 20110 Ha Id Doc 1st lis. loot, I ihii, loo', I, lono l.eh Val gen Is 78 78 78 ', 20011 .loan Us !G D7 !)! ton I. Hi Honds I'.'S . 07.70 WJ.iii H7.7n . D.Dl il.i I,. 117 titl.811 11(180 .. 17.10 1I.1 Jil 1,1)11.00 110.20 1111.20 .30 70011 Phil Dice 1st Bs ni'j fil'i Dl'i .. mini Reading gen Is. 81 81 81 ',i Ralltoad shares wete generally lower. Pennsylvania yielding to Jesterday's low of 13, l.ehlgh Valley lot , mid Itead Ihg. 011 a siiKill lutuuvir, declined mole than a liolnt. Liberty Honds did not show anv activ ity of consequence and price i.hauges wire ttllllng. It Is understood that subscriptions to the I'nited States Treasury 4'j pet . ept ccttlllejtes In this district have come In quite libel ally and that the allotment lis cose to $40,000,000, vihkh was the quota In tb'1 previous Issue. Mais, due to morn favorable weatntr and to the elimination of a great many p.issi tiger trains In order to make room for fielght t ladle. Hopes are entertained that, with tin advent of spring, a great deal moro pan be accomplished In this direction and a huge volume of delayed tonnage moved to Its destination Huslnesn In sections served by these roads Is governed to a Lit go extent bv the ability of the rail roads to serve them, but, everything con Vdeieil. may bo called fairly active, olllrlals of southern railroads note some Improvement In freight traffic during the last week, this being particu larly due to better weather throughout tho South. .lle. S17.100. leinpiireil with SIO.-' ri!iii tins wt'ik, s.i;u,uo i.ii Inlnl Dill ir I week, S J 10,1X10. INACTIVi: 1'IIILA. STOCKS Follow I, iu are quotal'inii for Inactive stocks llstid on the Philadelphia Slink ln i.Ninangi ami in which there wem no iinnsnciions today. The price giver, u 37 ', the last nrev lous close: Am (in, tfne 1 1- .1. i.., I- oil . 1 ...: . - utii .... ii i'i . I Alll.ilicn lnsur . 111 I, ,vv ,1 rt pf 11 ili4 Am.-r llwv ... 3.1 l.riiNuvwrwl 7 Amr stores 32 l.ivliros 21 ' nr,'r.r ,H!,,ra ,f ''-' '"i" nihiiviMii .11 , Mr I .1 11 . ;il vor,i, (n. .. 71 IIUIl SI1M1 pf Is PUT ... '-'" umliria Iron. It p. nn Trnrrtu .. 2' ratnwiss., ,Bt f r,.j ,,hU ,.,, Si! V,r, rf.J ' I"''!3 ''" '' '"'' 3 i,f.nrA;P1!.'!" "' llnv Co Oen . I !! f ,V' '" tf S Steel pf . lOll'J lit II T pref, 17 Wirwl.k Iron '' Keystonn Tei. . . IJ Wist foal . 7S Kijetenn Tel pf .17 w,st foul (ne I 72 !?' 7.' '" '' t"' York ltwy pt.(. .12 l.eh Val Trail . 20 Local Hid and Asked COTTON STEADIES AFTER EASY START Cloainjr Spurt of Covering and I'liying Wipes Out Open ing Losses I OTTIIN I1IM.T U.VIIIi:i: ( OMIITION". MIU MlltK. Murrli 2. The followlne temper (lures were reiorded 111 the 111lt1.11 belt lid, morning Vl.llene. ,t'i Nii-tiillle. Silt Memphis. 3H ( I. id in,... f 1. till (ll.l ih.1.1. 1, Ul Lit tle IIikU, lit .iu V.it.mlii 11111I Ullmlni. t.iii. lilt t iirpus I lirl-ll. IVtliutii. I81 iireifport. ..01 Vlissimrtr. iieri.iiuti ihiii BUYING OF OATS SUSTAINS MARKET Continued Active Demand for the Cash Article Checks Sellers 80 I (I'i 78 Ts '' , Aluerl, 1.11 Slur, K I2''l lUl.lwll Urlll .1 (1 . I Hull ll.l .V Misrt ' ' , do pref . . . , '" HI, I till Still Mil. . ibnernl Asphalt . 111.1 71'. T. id iv -Vsll 17 r 1 1.' j SrAMIAIG) 01 181 1 D.I .".It 273 2iH 2J.1 ft I ft 2 7 3 2711 MOCKS T11I11I sides, 2(11,100 shiires, romp.ired with 311,318) sli.ires rt'steril.iv I this week. 3.113,. 300 lMrcs lust week, .1,. 110,700 shares. INACTIVE NEW YORK STOCKS Following are quotations for inat-lve New York stocks and In which tpero were no transactions today. Tho price given Is tho last previous sale: Ills Ilex Pet n-cf., 01 211'? Mlmiil fop 31'3 riO Mont Power. . 71'i Illinois Ohio 3.17 I'I all In Pipe '.'1,7 ISO Cal 222 I S o N J .110 1 t," l) N V 21.8 I imii:pi:mi;n r on. llainett oil & Gas ... I i. Cosdi'll ,V C( 7', 8 llllf H.isln (li j (It 1'V'deial oil :f), :i j Itllcr Petiol 12.1, 1.1 Houston oil 171,, I7'.i Men III oil P) 20 Midwest till 108' no Met Petiol i)U ',', NoithwoM SI s: Ohio Fuel 12 17 Oklahoma Kef ... Sapiilp.i Rcf Sequovah Sin. lair Ill MM Alaska SI. mil, ltd .... .1 1.1 Atlanta Hi II Rig Ledge I'i !', Hlsbee Cop (a pins .. '(. ; Hutte New York "1 I Con AlU IN .' Cons Copper ft h 11 Lmina Consol , ' First National 2 ',, Goldllel.l Merger .... :i .1 (ioldtlild Cons .... ', ,', AdumcA Hum. ...u 11.1111 nt.. AJux Rubber iPhU t. Louis' 411.1. on.i.n.iH 301,821,213 216,320.078 438.470.032-1- 0.2 20(1,(1.12,483-. 2.8 182.683,(11(1--18.3 ifv'.' .H1'- 133.809,088 113,610,7(1.7.-17,4 A8ii?,vcl,1, 182,03.1,134 10,007,0!)fl7.7 UiiLUtorh (18.033 601 78,418.10512,4 S6,89t,180 42,280,002 3B,8B7,ln2 48.778,5111 7.1,848,644 11.2 40,34(1.788 8.7 as. 080.4104. .1.1 3.1,303,321 41.8 Sn If ran. Rl lim.. IW Orleans lit cltlea hlh.a"r.!:'.B'".nM.ItnLO1O.703,44O 14.1 ulnr cltlea uy.. 753.200,814 (131,408.74013.0 I all ell. ' ( 5 dya,5,332.332,l)33 14, 002,202,103 14. i 1 day.. 1.0.-.0 4C.9 O-rt D3S.1S7.28712.0 I") all ell. . les wk..ia.88! ait asn is nnn 471). 4S24-14.0 U "lun.l.tjKriiiJiXNu iiAi&B. . 'vviir.i.rtiiA uan, V per ceiu; uiie. B4W6 per cent. Commercial pa r, three to four niontfis, G6 per 'cent! w tnonthB. 6 per cent. tf . V.X BANK TLteARINnS Tbin,kB0,.a h'ld. J61.3S0.3I7 I3II.OSO.000 "rttVCe'n.-e'nt'?1 71.387.00.1 71.082.003 0fundd r?.d'."'.''"0n 2.000,000 1 170,000 i&F. .! .d. "" 1137.773,052 1132.210,403 Lesral tender noics, silver, etc 1,114,(19.1 (137,078 Total reserve. . . . 8138,888,1137 133, 148,078 "ibe'r"0""'." 122.210.170 $24,848,870 Ullls bought In open market.. 17.474,080 18,263,70.1 Tlmndal..l'.".1.a..0n J30.724.1OO J43.U2.674 "term Bu'rllle,9'.: 5,714,000 6.127.530 Uur1a 'Sl'tl'.'"': O.IW.000 4.r.27,ooo T?f?.' U' 8' .ff"" JU.OOB.OOO IIO.0S4..15O MunlclraV 'vvarfanta 10,000 10,000 rSi!i !"."'. "'' ".'.' J.11.640,lflo 853,777,224 Due from other Fed- eral nes.rve bank. IfSJoUecteM'itVni... 38,386,209 833,833,010 De,t!l0.nr,osit.r.,!1! 30,424,488 33,8,1.1,010 aross ueposus ... , ',7fi ',,-, , inn oni Ail ..ih.r resources. 1.178.14J l.lUll.KUl Total rciOura..823l,13l.43l 8221,801.123 JjIALIll.,1 wi"3 ,. 1 .m In . $0,841,410 J,88n,8.10 SSv-Jnt.1 JfepoV". ::: loisoite i.oio.iw Duo 1 "rAbu"1 "" 77,718,50!) S2,844,.14ll cr'i!Jcr.Yon''?.Ce0m.':.: ll.tLm 27,083,039 Du to other FM- eral ltse rva banka C07.D97 (nt) I Tpo,i,iti "o..d.Jn.-l4l j2.t.2:o Fed, arv. note. iVc. . . . ......:. 103.J52.o 102.175.S1O 775,410 727.101 t Ion 1 i ,' Wi ia't All other llablllll Tota llabllltlea.. 8831.181.431 $221,891,123 Illinois Oats Sell High ink Uearins. today comn.rfil Ith cor. illinoia Ul oen . 1 1 . 1I11LI M -' N'"' '.nai H lm'4 Wms-mmu Am ...reU 7"i Norf It Mouth ' r,.', A"" "r".,.-,r 74'!. Norf t Wei "inlff what unsatisfactory, as bills have been I Am "' V.rcf ' 1 I k! 1, il'1,1,1"' IV. falling due before the materials have Anu-r M-n !;,. " " . been tece ved and some large consumes Am iPf A I'nVi unto flaa t?t" '. 8 ai'o'Wpo.ted as being slow In their pay- Am Smelt p. a g ..,. ., ici.p. nienta I Am Suaar 4.i; 1101?, ' "'ii' emcr,, hu "Tho banks have been unable tn aieu- Am ""', V' w n8 p" '"? ""' 02', mulate surplus funds owing to the con- A" .pVfibl. 3',, Pnc t," t' t.iiC I!!,, tlnuous purchases ot Treasury ccrtlfl- HJS t . T SJ "f E'ii' Irn r.Iar,i orlr Bsl4 eates of Indebtedness and the renewal of Am Woolen pf JJ's Pha iv, ' ,r'f' 5r,i notes by their customers, whose business I Am 'intr, tit of 52 '' 'rv '"m N J ' iokw has been seriously hampeicd by the I Aasn D ". . r,m rtes(ine i,t rf n railroad freight tie-up. Rales for money ilfrnkst 'l.ln; "I '',''"' Poal Prf . 82 havo acVanced slightly, commercial pa- j'l O kt WIpI Mp l, '" " et. 2 per selling at G per cent, a slight con-1 All HJr & AJI 'j ', Vv-js rf fl.i , cession being made, however, for tho P'O-' ,?0pref n"'4 Prs'dSil farrf n i' best names of short maturities. Redls-1 ' ',rf, i'n Oaa.H" Pullnmn p fnr 11.11J counts at tho Federal Reserve bank dur- Inuii. II T "S1 'I(,n'Jm.- 2.1 nf .17 ' Ing January amounted to 3G,200,oO(), ',',' 'shoe.... i gen lr f s. pf n7i, compared with $45,025,000 tho preceding ,tutte , but' jnlJ J ' S I .. . 12'i month and $505,000 In January of last rtuittrlik w"r'f jo'5 Slnbrrt A 1 "tVr is eaf." f'.h., ? ... C nf 20't Sa. Arm. ' iius ..!.. X I -l,iett-rnlV Pt.1'5,. Rsxon Motors FOREIGN EXCHANGE gTWt M Jg g?:,, XIJW YORK. March 2,-T.l.e foreign ! Si &!& ?' 8IS,,l.Snl,(rAri ?,,? xchango market was even less active , ?-S"- C'hii ,-. ;,(. i?i'!!i 'W.i.r"' "'' than of lato In tho dealings today, nnrt, C""' ,'.nro.l t-r. f "s "land s'tiu pref! 1. aiiges In rub ("on j:'i " Tj Mu''n?.kr nf.. ni , Spanish e.xchuiigo worked to tho i Jjrr4 i,ison .111 nt I. i a w . 20' iobt level reached In some t me, 2i,40 , n;n .?., 'on' isa.. feJsJ'f"' ''!." ?2 cables. On tho other hand, liro tie- m. Mines .. "';i Texas ft Pac .. mi. ned and Scandinavians! wcro also Kria 1 , "V -,,,,1 VSI",1 J0',," "Q . ler. As a matter of fact, most of 1 .,rw - -n IU, jjij fj utv cifs si changes wcro moto nominal than , jt t s vntw . T st I, y "f? an there were but few notable chi rntct?. hlgli for cli easier tho real. Quotations were: Demand sterling 4.75,4, caldes 1.76,,, sixty-day billH nominally 4,72, nlncty dav bills 4.70. Frano cables D.70'i, checks D.72"s. Liro cables 8.84, checks 8.85',s. Swiss cables 4.45, checks 4.46. Guilder cables 45, checks 4U4. Itublo cables nominally 13 '4, checks 13. Pesetas cables 24.40, checks 24.30. Stockholm cables 32, checks 31 ',. Chrlstlanla cables 31 !. checks 30Ta. Copenhagen cable.S 30s, checks 30!l. DIVIDENDS DECLARED Celluloid Componv, usust ouarterly of 2 per cent, payable March 30 to stock ot rec ord March 5. Sears, ltoebuck i. Co.. renular quarterly of $1.73 on preferred, pnuule April 1 to hohlera of record March 13. Fonda Johnstown nn.1 (lloversvllle Rail road Company, nirular quarterly of l'l per cent on preferred, payahle March 13 to holders of record Marrh 11. Granulated Sugar Unchanged NEW Y'ORIC, March 2. Refined sugar Is unchanged, with local refiners quoting fins granulated at 7.45c. The National and the Warner companies continue withdrawn. Cuban raws are unchanged at 6.OOB0 duty paid. NEW YORK BUTTER AND EGGS NEW YORK, Marrh 2. HUTTEIl He.' relpts. 11.644 tuba. Market ateady to firm. Quotations unchanged. Eiiaa Receipts. 8761 cases. Market Steady. Quotations unchanged. CHICAGO BUTTER PRICES CIIICAOO. March 2, IIUTTEP. Receipts, 734.000 pounds. Kxtra, creamery, lAttot ex. !S.3'cS I'SsS Wi.1' ?? ."J!i hen ClE".r P"1 'J! -'-. 17', n..Bh Sllnliu 78 .ransue-ivms . 40'i W.Vl riti cop 4"l Twn ci'y n t n"i! gulf "staSt- Stl 01 Vnd.rvvd;T'pf.iVsH Ilartmnn (W " !In S1".4 ' "P U'i t.kell ft, J"'",?, U",!" "'. "2 Havana BIC 1'" Pn t Aliov Stl 411 Itomestaks .. . Unit rr Str rf.02 Int AEriei.i :j iin:'pn LTUsr . no?; inter "v.'.' J si; li"'" "ra- ist pr 48U Inter Con i "".A t'ntd Dra 2d pf fn ' int Ha?," J. IrSl United Fruit ..127 Hit Nlekelrrof.il 3 rn,ted p ' '-? Iowa O.ntral .. -s o k u i.i , Stt'7lf; J HlWcn-niJilu ttXrJ'''"'. ' ' , n?.jtVM 15U May Pent 8 Pf 02'. ITS Sm 4 rt pf An Mich Central 110 T'tsh See Corp. 15 Mln At t .? !-Car fhem. JlW Mo Pac .pref ' Va.Car Ch nf IlnitJ M K T " a Warren R n... 15'4 M K f T Pref,. 8 Warren n n pf! 57 & Nat Acme .... V ,Vest Paclflo . u Nat Ul.scull .vJffii. West UnliS .! no rt '"rui' cilMol v"t Maryland 17 fcll V-n ft St pf on "heel ft U K.. in 1 tin r K. V St. 'tie T lU'hntie. s (to pref .1.1 I.tike s'liperlnr forp 1.1- I.. Iilsli Nuvluailuii '.'I'i l..'hlah Vallei ,1s', Lihlali Villi, v Trim Pi ilci prel' . . . .37 IN'tmsv 1 hiiIh . II I'hIU Ch i till . . 2.1' Phil i f" . . '.'1 ilo .1 in r i til pref 21 In II pr i.ul i ref .Hi Pldla ItHii Tr t . -'.. j I ..'HKHIK . . . ,. Innop ill 1letni.ini . .I's Tnnop,ih Ml. ilni; . : I'nl.in 1 r.n tl'.n lo t'nlleil (ins Impri.v, i.s', I' S .Steel . illlX, loll. ILHIUV .IV . I!l',4 SIOCKS : '.i h :o' . r.a, 3 l 17 HI'l Goldfleld Florence.... II 18 Goldlleld Kewan.is . . 8 linen Monster "5, ' l, llecli Mining IN IS. i, llnuo Sound I I'.i U, Indi'pendciHi' Lead . . .1 (I Jeronin Wide i, li Jim Hiitler ! "I '''! Jumbo Kxtenslon .... 1.1 17 .. Mi Klnley-Dariagli .. .12 .11 Magma Copper . . . 33 .18 Mothcl Lode 30 31 Mines Co or America, l-l, Uh -. Ni'iaC.t Hills 7 1.1 Nevada Wonder ... IN I", . Nlplssing 8i, 8N 8'i Ray II. tellies !', I li . . San Tuv . HI 1.1 Tonop.ih I!ti'iislun. . I'i 1", I nltcd Vordo 38'i .lli'.j .. West Ihid Con 78 80 White oaks 3 White Caps 1 ,", 17-32 Ycriligtou 8 10 II IIO.MIs, Hitlililiein .Is )7N 08', 08 Cosden Oil 0s 80 8.1 Cosdell & Co lis 8(1 8.1 I'tidahy 5s in 07 Russian Govt .I'.s . . 37 lo 3D Russian Govt ('.'as. . . II II Southern Railway 5s. int.), D7!j .. Sinclair OH 77 88 Todd Shlpbldg f.s.... 08 oil Financial Briefs Is .1.1 1 1 ' 1.1 '.Ca :'n 11 -ifr.ln lltil k 3.1 '( 77 1.0 17 IS pi ri'j li'.'a 17'a .1114 52 Iii tjrr 111 s l'r..nip t 11' 1 81 II'. 11 I'i to 37 II 21 :m 2..' 1 Vi'h :i nna i.si, in "'j H'j SI'i HP. (11 .IF, 2iHi 3-. 114 lis' ii c; 111 l."j hi r Jew York Bond Sales Hlk-I. . s'i'i, . mi', ss'a S2', IMS s1 s Close s'l' I'll', i';c, SO M's SI 7.1', sO, I"l Id I 71 7'i .11', Mi', IIJ 1.71, 7'( 711, I4 "I'i '.'1 15 S'l till', lot 71 7l''i .114 S.!', I'." The Hell Telephone Company nf Can ada, leportlng for tho e.ir ended Pe. ceniber 31, gives gross of $11,567.111.1, against $10,375,318 tho previous jear. Net lor the ear Increased $01,82!), with a gain in surplus of $62,620. At a meeting ot too nireciors 01 tne WcsthighoiiFo All brake Company. J. li Cillery was elected a member of the1 board, taking the plac of Cvius S, Uiny. ' .17.1i'.i ,iiB neurit .Is :,iiimi Vm 1'i.r Sm Is loon Am Sm ,1 Itef .Is loon Amu Tel ilt Ja . sgi, 2011.1 ,i :,, ...ii ( Am Wrli Pap ,1, si, 2...IO Atmour Co 14s . s-,s. Ili'iio All C.i I.lim Ul s s loi 10 Il.lt A llhlii Is, . 7i, 1..MH ll.t(lpl,l:v V I. . 72 -I""" Ilolh Sll 1st .Is 3.t so t'oon iiidtn It T .11 mis i. I. mo liur.h.iuv (Ik . . . . s'i I Cent l.eith 1st ,". MP, Mil Ml Cen It It N .1 .Is .1(11 loon I'll rt llhlii v 14a 71 .".("in iln 1 v r.n . . 711', limn en 1:1 Wist is , .iii, :u ( h i'n sin 14 . . sip, sunn 1 ii n 1 it jt is P2 (.(iuii cvr. SP bii Is 2.1s 7s4 110.10 1I.1 rfd 14 s . (.7', -lino .I,, 1 on ..s . To 7'i 7., lll.Hl On 11 14s 7 ;n 71s liiion c it 1 ,t p ir.i is iii iu (lis. .loon I ill S Snulh Ht Is SP, S41, sp. ljlinil fltv or Paris Us . sii sl mj 211110 1 "in, (las iv (Is,, pur,! lout, Ini.v. 1( o I'.r .Ie I'.im.i l.s liii Jin; iut l'J.iiio l'reti. li 11. 1, 14s, 1174 071. 1,71 Kino hllelli 11.1 I',,.. 11 .11 ,-, 211110 JiiKrh It T n f .1- s'i j,j K. F.11110 inier M.r VI ir ('s PJ4 nj .". liion Kan city 1 1st Is 71 7-, 7-, H I.iikj sii ,1, in.', 111,4 mil. iKp, in.1.1 i.i, sh rl.l. Is '2s s-,4 s, s;i. ll.lll.o rl 1I1I. is I'lll S'1 Ml, S'I 2IIMMIII I H.erll II0111I 3'is OS 07. 'Mi !)H llllllllll ll.l Is , 11(1.7: '1(1. .1(1 D'l..ir, 211111111 il,i I.I I, . II7,'.'8 D7.I I 1IJ.M 20IHI T.l.lPS t.S S', ,S't SS. I o via i'n mi i... .174 r.7'i .171, IMIO Vlnllt Itl.l I'riU .1. . S'I lillin , V (' S. II lis . 'II', 2 Iii Is . 774 lono v cm 1, unu m, Imto N 1 lt rif Is . .10 I O.I.I N y r. I ten Pvm ss'4 2000 V Y '' A II 14 H 174 Ion. I Ph. lllr (las .Is , . so 1IIOO IV1111.I pell it 14s, P. I1, limn l'uh serv N .1 "... so 1.100 I'ere VUiouette 5. si -IHIII lle.iilms (.. 11 Is . Slj Kino Sim lair 7 Mi1, 2 st li . S P ujt . (''!'. 1:10110 .In ser A . .174 li.iiii s.in A .v A P 1st I, .id's, limn Seulml A I. .oil .Is. Ml', lono soiiih P... nt Is . 774 311110 .In lit ill . . . IH4 ;,0Oti smith Itwv sen Is 111 ,11100 1 eus Co (Is ... , P'l", IIIKIO IT S Ituhher .Is . . 7S4 lUlOO IT j SHHe H f .Is . IU) Ion.) t'nlon P.n it Is., s.l", 100 I ilo 1 Til Is . S04 3I12O0II F R of (1 II . 1 ,1s lis's .noo iii. ,'.4h nun 1174 2011(1 ilo ,14s lOI'i 11, u i'l 370IIO do .14 a ll'JI . 11.14 1(1(10 u llws Is . till'', 100H Wist lilu-llli .Is . IH14 rolal sales. S..117,mH), inintuirril nllb 82. .12.1.0, 1(1 le.lerillM tills week, lf), 770, 0001 lust Wltk, $.'2,3.10,(810. S'I 80 !'." 0.". 774 774 sii", sip, 10 Ml SS', ss", 174 174 SO Ml liiHj '104 SO Ml M si M4 SP, MI'l Kli'i 0114 1 04 .174 .IT-. .11)4 .111", -t'i4 M'4 774 774 1)14 014 014 '.14 I'I4 n'i4 7s4 7si, I.s4 os'i Ml"l Ml", so', sou PS it osTJ H74 H74 Uli'i IIU4 0 14 p.-ii. i'o4 Iii.-i t"i4 mi'j At a meeting of tho directors of the LOCAL MINING STOCKS TOSOPAIl S1UCKS deceased The Provident Life and Trust Com- 'M, s,H nur,, .. panv ttuttee, will riceivo seahd pro- miv.kv posal's until J P m Tuesday, April '.', ' JIIimIi Rvtension for as many Philadelnhla Company fltst l!?;1'.?" .,y mortgage and 10llater.il tlti-t 5 per cent i.lUr i;ia ..." gold bonds uaieu .iiaicn 1, lanii, aim v.iai 1:11.1 stumped under sinking fund contract of July 10. 1917. iih $112,320 will buy. at UIlinl, . not cxceelng 107'j and Inteicst. ue null nooin lltil.t'l'ICI.l) hTOCKH m.. ll.il.," .n.niilltten of tbo Xr.lv I'lanu.ndllclil II II . . ."- ."" "-if .... v.,T.Ti.,.iV,,, ,:ililav Kewanns I'mi: ("orb Maiket Association 1.1a niieri -Hint all transactions In tho com- (), nion stock of the II J Reynolds To- ' sends nun Kendall bacio Company shall bo quoted e-rlgbts 1 slliu Phk oil March 4. and that all transactions itisuHM.ANl'OUK to and Including today shall be oil wai.. rzona Vnlle.l rants. The rights e.pire API II 1. Nevada Wonder 1 Teiopa MI11I11C . Hid Ash '.2 .01 I I 1.1 .08 III 0(1 IIS .12 II .111 07 .(I'I ' .111 jt. .? .11 .12 .03 .01 01 01 01 111 01 III 07 (is 01 02 .OJ (1.1 .0.1 111! II 20 1.21 1 .111 .1.1 Is I li 1 rl...li,ii. Purl smith, viiintitntiier.i mill vukiisih, osi (ihe-li'O mil .1 iik-iiuvllle (111 l.imp.l unit "Sew Orb' 111s, (.(I. Then' was .01 Inrh nf prei Ipllutlriu lit Purl s,t, , (,r (htl.il, .01 Ilt sm Antonio. .2(1 til Abilene. NGW Yop.K M.111I1 2 A steadier felling pii'V.illid tow, ml tin end of blisini'ss in the cotton 111.11 kct today, following easiness in the earlv dealings. Willi, splnnets' takings showed 1111 tin piovemelit over thote of the picvlous week, tho week-end slatlsttis gi nerally vvmo biarlsh The wot Id's visible ap ply of the staple Is lapldlv ovi lhaullng the total tit tit's time last year. A 1 losing spun or covcilng and buy ing for foreign account resulted 111 a fur ther 1 ally whit h almost wlpid out the tatlv losses on the near positions The 111,11 ket was dually st.ad.v. with net un (.hanged to II points lower. Spot houses, (.specially those with southern loniKftlolis w.io good bu-,c!s of tho near pusltloils after the call, whllo loom li.tdcis sold mill Liverpool, sup plied a niodeiati' amount ot OotoTTer. Commission houses had it few buy ing in dors on the vail. The i.irly tuno was sti .id). . leslir.li 'li ,,, , , . ''"t 1 lo-e ' Mien iiitii ..,. r,i Vltrih .. 31 72 .11 72 ill 7S III ..1 lay . 31 22 31 U ! II 31 OS li Iv .!. aos.t ail.sl 30.S1 30 CI Ditnber . 2'' s.1 2'l si 2'l s", 'J'l (12 siit : j.-jj- " (.It UN Illll.T WliTIIi:il FORKCAST ( UK V(.(l. Marrh 2. Illinois Fair to- tilvlit, siindav tiiid probutilv Mondar. .Vll.siiiirl. Netirasku nnd Ivinaas Fair tiuifi:lit, sundiiv nitd prohaMy .Monday . Wl.inn.ln I'ulr tonlxht. Sunday and pmhulily Moudayi somewhat rolder lo- lllllllt. iiinuesnta Pair tonUIit and Sunday I .; m ,l 1,-inn k, -.r ...... I - -"...---.... ..... s.iiiiniiiih. Mi Vlueiiu, .111 1 siiiiewli.iiin.drr tnnlnht. 31 31 12 30 70 2'. i.'l 32.70 Cotton Statistics '. ' Ni:V VOIlK. Mnreh 2 Thr Milistlial pnsllliin of lolli'li Is 'is foil. .via This we.l. I.it weil, l.usl v.ar Tsup,'i;'"'""l '.'' Ml l'.'..1'.-il 5.230.020 "'.Viue'rlr'ali !'l.3s2,l3l 3.1'Hioll :i,SSl).021l Toml In eliilit llnnli 1 . s.s.n ,n s mi 11112 10.us.10s llllV II I'llle (Ollli-SI. Siih'xv nnrl m.k. llllll Vlnniltl. . North I la kola -Fair Innlaht and & (I ill warmer In northwest tonlallt. south Dikptu- Fair Innltrlit and Ron 1I11 1 warmer hi extreme, west tonl-tht. 1liint.ui 1 Fair tonight and Sunday, be reiiiliii; unsettled west of the Ulllde Bun. d (i. ..! ''"I'liu: Fair tanlaM and Sunday! sllelilb warmer tonlaht In east. CHICAGO, March 2. Huvlng of oats by commission houses sustained the market fills morning, al though trading rcniiilird email, and thin has iaued a more bearish feeling in some quai tors. A continued active de mand for the cash nrtlele checked seller. .March opened ', higher at ISHc and later sold at sr),c May, after starting at 87ss to 8"'.c rccovcred-lo vevitrdaj's last -price of 87?ic Tho ucelpts here today were 147 cars. An easier leellng was noted at Liver pool Private reports of farm reserves were be.irlsii, especially on corn, which bears said showed the stocks to be so large that they overbalanced the heavy con sumption and tho big disappearance of oats. IHdlnt: futures ran-red na follows: Corn (new iiellierM Test, .. . Open HbIIi txiw Close close Mrh ...1.274 1.27V 1.274 M..v 12.14 127 1 '.in 1 1.27 tl 7 tints May ... 874 87?, 874 87"4 87 1 4 irl- .11. Ii 120 47 $2tl.S7 . iv .'.1.U7 20 12 2.1117(2(107 2.1.87 Juli ..20 22 211311 20.20 t20.30 120.10 Itll.s . Mrh 24.80 24.(t2 Vl.iv . 2.112 2127 2.110 2.1.2.1 12.1.02 Julv 2.1,11 23 07 '23.32 12.1.(17 23.47 Pork JUIv .'GOO Is II 17 02 (48'33 t47.80 Illil tAski.l. JNomlnal. m M PHILADELPHIA MARKETS 'y GRAIN AND FLOUR 1VHIJAT Kieilpts SsiHi lui-tnd. Market steaili Tho .nintii'lolls ri.nrtril 11s follows Car lots. Ill .k,..'it ch valor ulovernnn nt stand ird liispei Hun) m.n.lird prlees. Nn I imrthern anriiic J2 27 N" 1 lyir.t w Inn r $2 27. No I durum $2 27, No 1 liiird while $2 27 t..l vvlut.i Nn 1 $2 27. rlo. rl.l Nn 2 $2 2I.H(I .N 1 1 - 2"' do. No 2, J2 22 Minimum pi Ins- It"l Willi, r. Nn. .1 J.' 21. do do No I .' h d . ii,, No 5 82 1.1- .iininlti t.r id a J? til m 2 11 soft Jjo. .1 $2 III. dn ... I 2 Hi do No. ... $2 13 sample grid.. 12 o2'K 2 11 Special maximum priees onb' to b umdled when ti, other nttalltlea in H.u win at are hlch . nuush to warrant It, No. 3 wheits Jlxalmum orlre enntalnlliB 31 1 pep cent moisture to 1.1 1 "T cent moisture Ie under Nn. 1 or No. :l red $ '. No .1 soft red, 2 21 M ixtipsm I rlee ron ulnlm.' 13 0 per lent tn II per rent molslura fie under No 1 or No. 3 red. $2.22. No. 3 toft red. J2 20. No I wheats Maslmuiu price fle undr No 1 or No. 1 rid. $2 21. No. 1 " rcd' $2 l'l No. r. wheats Mixlni'im price rontalnlns not over U..1 pi r rent moisture '" '""'" Vn. 1 or No .1 rel $2 21. No 3 soft. '-' lo Maximum price ronttilntui; not tr U( per tent tnelsturri 7o under Nn 1 or No. .1 reri, $2 20 No. .1 soft red 12 is Mivlminii rrko roiitiilnlnj not ovei 1.1 per cent tni.lsturo sc linn, r Nn. 1 or No. 5 nd. 82.10. No. - soil led $2 17. Sample wheats bandied on merits, but In rn ,nso shall irliea he hlslier than U under No, 1 of tho suiiolis, rtpiesentcd. Smutty wheat Value shall Is- delirnihi'"! bv each simplo lusla of the class lind sub . l.i ss CORN Itei. Ipls. 22s'i hush flflerlncs were lUht and inn nlirket wiis tlrm ijuo t.itlons Car lute for lo. .1 trade No :l MllnH $ll.Sf(2. No I velli.w. It.n.Ki 1 'is OAT.S llerelpls .111, sll tllali. Olferlns-s were lluht and the tnarket rulid hlradv but Irud was rpili t IJuotHllons' Nit 2 while. fl01(illii14 standard whit.. $1 (11 i' 1 til's I No .1 while, $1.0.14 W1U1. No. 1 while II 02'" 1 111 lT.OL'R Iteerlpts Inn blls and r.10 311 lbs In sacks. (lib rings wer- Unlit nud llie market tlrm. Willi rletnand full I v ncttve. The riuolatlnns pr llnl IPs hi Ils-lh intton sirl.s V lull r wh.'it 01 Iter cent II.illl $10 7,1.11 11 -Kansas wheal. ',..1 per ient Hour $10 711(1121 sprlnK wln.it 13 lnr cm Hour 81o .lofi 11. lU'i: I'I. (U'H wii. In i...d deuiiind lind linn ijunlatloiia ut tl3 5'l'uU50, aa to UU.ilits. PROVISIONS Tho New York Sub-tteasury galmd $155,000 fiom the banks 011 Friday, William W. Paddock, who has been a national bank examiner in ma j-nuauei CLOSING LIVE-STOCK PRICKS CIIICAOO Manh 2 Hods lt'i.ta. 20.000 head. Monda. 4 1 noo he.u Arttve, T... ir. 4o.. hle-her. Hulk $1.1 lllfllll SI. Ilirht I ir.17 rnlxe'l '.l ".1l 17. heav. $1.1.81 ce The luirket ruled firm wllh sim- kinds n t-h Ide Itchier The iiuolallnus follow Pity beef hi sets smoked and .ilralrled. 31' . western beef In s. ts. smoked, 3U iliv beef, knuckle, and ten lers, sim.knl and ulr drled. Mr, wesloru luef. knikkles and tin ders, sinokirl 31 . II. ef bains, $41. Pork, fainllv, $,11rf.11 lo Hams S P 1 tired, loose, 2S(ip20e; do skinned louse. 27'l(2st, do, do, smoked. .'Stt-'Oi. other bams, smoked, iltv lurrd as lu brand uud inn rac. , 2'lfo!l'r, hams, smoked, west ern cured, 2I1S1 3lli'. (lo holler! boneless, lie I'ienli' shoulders S. P cured, loose, 21'i." do. smoked. .'.14 e. H-llles. In pi' kp airordlltlT to averase, loose 2UVjc Ureakfust bacon, aa tl hratid and av.raKf e Uy oured. 'Hie do. vvislern 1 ured. 3rlc Hard west, em, tellned 274 112S4" do pun nlv. kit tle rendered. 274V2s4i TOULTRY 1 IV FI The nuirket was generally firm on et-ln stoek under llaht otTerlnKS and a-tfalr dtm.ind Quntntlons Chickens, soft-meated. roosters, 2s(rfS2c, staKey ountc roosters. 27S2Si. old roosters. 2432ltc. Ducks. Pekln, 32S4c, do Indian Ilunner, 2S80e. C.CS0, 2si32c (iulneas. per pair. 73ol $1 Plceona, old. per pair, 30t?33cl do, vuunc. per pair. 25c rti:s.si;p The market ruled firm, with demand Hltorblnir the limited ofterlBB'S of rlrslrahle sto. k. ljuotatlons follow: Frozen fowls. 12 to box. milk-fed, dry-picked VViIkIiIuz 4 lbs and mer apiece. 33Vict famv sderted 30e do 34T lbs. artore. S29 ,1b do. ,1 lbs apteee, 3(lftl31e. Frozen fowls. In bids., fali.j,. rlrv pliked Weighing 4 IDS', and over spleen, 3.1c. do, 34 lbs. apiece. 32''l3.lo. smaller sizes. 2SC&30c. Frozen brolllue chickens, welKhlna; 114 2 lb. -piece Jersey fancy, 40S?42e: Virginia, fatuy 3iHTtase; other nearbv, 3430o west era 31(it3lii. l'rozen roastlnr chl, a. nri 'li 4 Wftorn lu boxen WeUhlns 4 lbf nl nir hpIto r5( do, 4 Uih. aplfcp, 35 J34c, lo a ll' niileie. MWlc, do, VA OS Iba, iifs.i. SlitflS'K1 Frozen roHetlOKthlcken, i ler A3 a $3Vi)a.75: c$2. 'ST fti 4 ii;i. c-n . .. 75'A Wheel tLE "nil ,.... - . .,'SII SI-. r ..' niacaav o prci .1, i"" 's,"1011.. .a Manhat Kl .... na Wilson Co rref 0 Mav Dert Stra 474 .Villi a-Overld pf 814 Max Motor ., 28 Wisconsin, fern. 37W Maxw'II Mlra.. j'3 Worth P ft M. 41 .Max Mot 1st rf 82 NEW YORK COFFEE MARKET NHW Y'OrtK. March 2. fhore was a .Aeir milet onetilnsr In the market for cbffeo futures today, with May the only month In which there vvero trades. The undertone was tseady, however, with prices uncnangea iu unu i-onii nigner. Open UlEli Low Close close Hill IVMUI ..... .--.--. , .--..rig l"ia' "' r- - - . Sit .KS,' Vll,n nhla district, has became lonnccted with jih so-, rough 813 R.'iOHI.ln; good to iholcs the Federal Reserve Hank of Philadcl- heavy. $m lli I'I.mi. nhla; and will assist especially In bank, CATTI.K-iUceipts. .1000 head. Weatt examination work. '",!,,, Kpiteeeipt, . ., . , . ' in. higher. Top, Commercial failures this week hi the uio hiahcr. Top. I I'nited States are 254, against 188 last week, 227 the prei'eillng we und 337 KANSAS CITY, : the corresponding week last year. Fall- ,,. jj,ts 12110 bead, urea In CatiaCU number 27, aKalnst 15 steady. Tr... Ill "1 exumlnaiion vvurn h;.;piteeeipH. 3000 head. Steady to . ,, , ... Hi. higher. Top, $13 10. Lambs stlud, Commercial failures this week hi the uio hiahcr. Top. $17 11. Marrh 2 CATT .1 He Jlarlvet nonitn ! ul last week, 18 tho preceding week and 31 last year Prices basH nf REFINED SUGARS rr 8t(4ii1I maintain " IV fop t3.tr-. lino Hm DAIRY PRODUCTS Gloss earnings of eighteen railroads for the third week ''J lebruary wero $9 976,703. compared with $9,017,949 the same week last year, or an Increase of $9D7.8it. An Increase In capital of the Now York County National Hank from $500, 000 to $1,000,000 Iimb been approved by ...".... n. furrenev Vl'MIU.,,. UOIlllUIIC. W ' ......M.l.O, lioiis Receipts. 3000 bead Market 10o to 1.1" higner HUKEl' None . , SOUTH niH' '" tcipts 8300 bead. Market 15c to 23c hljhtr, CAT'U.r:- iv ne'Ui.s. steanv in lower. SHHUP llMClpts, 2000 head teady. Big Gain in Meat Shipments pniPAGO. March 2. Shipments of fresh and cured meats .from Chicago during tho week ended .Match 2 were M'TTKU lUlpin WfT iiimlim ill tilT frtPl. but th markPt ruWM itp,niy TJi quotations ranee, an follows iSolKI-pacl(Pil i rrHniPO. rxtra, 4Ku , n!t;h-nrorln kooJm, lOWMk exirii tlrFtH, 41v tr 4ll4 (p 47r, Kiiiinils, 4.V'i l'l . nrarby print p. fancy, r.'Jc . aruup. 41)fc(lr flrnti T.H8c, nee uihIk, 4xfi 4U( jtptnUI trarulH of prints Job bine hi :.., .jr." H$Ofc( Tho market wai nulPt nnd barply 'atl vjtlh fairly liberal olferlnca. Quuta lonm 1 re 4ae. nrarby r)rttu, $10.3 ppr biandarU cane: mrrent retPlPt. $10 0.1 per . nun ufMlfrn. px trial HrptK. Sll) 3.1 ur-r rumt Mark t limn, $10 0.". per ni fant-v metttyJ ess woirt Jubblnff at asfHihi ! doien. t'lir.r;r-irne inarKPi wan uu.ei ana without Impurtunt (hanee. Quottlonu; New yiiik, fullMTP-tm, fancy June. .Ml4ci p tUls lilcberi do. do, fancy Hepteinopr-maue.. '.'uc.j do, du, fall'inade. fair to sood, 'SdifJoc, wi-Htern. In 1Mb -T-WHshlns 44 IL, and Mr aplpce, 3.V: do. 31 orn Jbtt" apiece, 31 wf.TJt du, iMfc U3 Ibu. nplere. 2N30c. Old rnttpr drv plrkpd, -"' Cupohn, per lb. UelKbini? hflll lb. appcn 3ri3c; amaller Bides, anmi.-itr iurhPjH, nparpv, orv-picKPq rain. :i't& HH-, fair to sood. S203?c. Tur- k m, worTir-rn. fir-pii.Kcn rancy, ajuyasc; fair to kooiI, ZZtifAfir, Turken. old tom, ;U(u3( , di., foinnum, 30c UurkB, wenif' wcleXhlntT r lbs nnd oer. 30H'.'c: do. do, FiriJllPr nUen, HSt5 jftc. Oppbp. nearby. 2fit - wthtern, -."5i-'7r Kquabs, per doten- Whlti. weighing 11 to 12 lbs. per dosen, 7 "Hi 7 7"i bi. do. nolo Ibi. per tloxerte id 7'f'j 7 L'5. do. do, 8 IbH. per dozen. $S MO fi M ilo, d 7 lbs. per dozen. I4,ftnf5i iio io iiv h's n lr dozen. dark, $1 l'l. (sin til nnd No. -, 75c I'RESII FRUITS ( liol. e stor k was ueneralty ateady. with ofl Tints moderatr und demand fair. Quota. tiutis Apples, per lib! Jonathan. $40(1t King. 81 111S11I 10, Wlnesapx 8l0fl: Northern j spv $.s.io?i 11 Twenty ounce. 84WB.30: Hub- bnrdstnii, $110112.1. Ureenlntr. $4WR0t Hililwin, tUliijViU Itnnis Beauty. $4(lt Slnvliiiiii Wlnesap. $44nl, HIaek Twla, $4C .1 Paragon $ 111 1 21. llano, 83 & 4. HO I .York: Imp-rial $.1 1illS,1 lien Davis. $S.256U MR apples weslirn per box Jonathan. $1.8080 , 2 21 Wines m l'ff'2 7.1; Winter Ban ana. 8t.7.1iii2 10. spltzenburg. .822 8.1: Rome, tJ IlenutJ 81.10(112 7.1, Delicious. 82 (inDtsStlt' V 4 King. 81 .Tiff.' Mb Ortley. 81.B0e2.5O: Stay- , & imiii IVIncsap. KftS Tilt. Pearmaln. L7.j5iS - hi new low n Imperial $1 r.llSi Tvvl-- SI 1('(2 2 nnirliv. n. r bnnit.i r Tiia-rifSl ". hush bskt 2.1cl $1.2.1. I.i lii.x. 33C7 llamiuas per bunch L .10 Oe.inees. I'loriila Tier box. rto. caiimriiiii. per nox. nttn. Tangerines, s'ji Florida, per strap. $Ut7 Grapefruit. ior. ' ft. I'la, ier box 92KC4...0. I'inuappiea. t'oriq . Itl.o, per irale $3 21f(.1.73. Cranberrlea. -, Jersej. per crate, J:l. .In 1ril; do, do. per'J i'i, I .in". eiiHi.uvir.r.i iv..u i.i ., ql . S'lWlOc Jf'H iiipjI'i rv si .r.'f a mi4..ni..i ssv.aa' r -,. Newtown IMppln. ll47AfP2.t(0: Tcrfc ? jiaiowin. i. iiv uiftvn O'tno. $l..Ml(f2t apples. ;f-y, nu. aa. nt?r " wi mm, irvi .J-xJm sorties m mw vrnnvipr.Pfi ' Onluni ind rahbHRe was dull and tt'l'iPfV ut rpvifpl IlK'iren . yuotatlonit; Whits V9rJf Ittioiiff, jpippv, per 1-uivin. uhukci, m iw, NO 1. tiOtUTsV. ISO .'. iUKf.MIC. wnui taioea pr lli lb. lnrvUnlav J, 2.W Nw Tork. $1 7S2; wcitern) .11,1 J, Hwppt lMHtttoca, Jerify. per -bj liankt. 33 lbs. No. 1 SIU1.S3. No. 5,1 7.1C. nwufi ixiiaineii. jeratv, i-tr i.aiun .no l, 1 .'dUl.dU, iQ, .. i.cvu. New Vrk per bunch, 'JuudAqi rto. -FUjr per craie. fiucwi nu, 4uenuc r,,tfvi nu ner fornla, per Htiroutp. I.ul l.KKplant " ( ubdn ppr . ... ' 11 aI k.liaait. Twasa na. t'.'.A'Jd. Kale. Norfolk, ver bbl, $ 2 r.o. Jieaus. Florida. lcr namnar. HtftM. Florida, uer crate. tl.A0tt2. 1" or da- per namtr. aii-ui j. rrpiwrin mper ri0rfi$2,A.i. do, California. Icw r iratR $1 732.3. jL'Hultflower, Ci mil .. crati txnrfbti rvn. lirum !., ,-s .n... vv.. w .. ..'--- ..T.ur.'Ia.-H '. .nn m ana. per uuari. i.-tva"; , Klorlda. Per bo, tSaT.UwAM box. $4G7, Cucumbers' Plori.H1 r. 33. Squash Florl(la.JBP m 1'ioriuar vvr ntwivr, fornla. per drum. $8Vl tier crate, MW" uo, tuonn. vrj Tomatoes. KlorlJa. per crat. IS fubad. per crat. llWBO. Tun dlan. rutabasa. 10O Iba.. tit tin (.' 1 iu tiiuh . aaxivil. nr tan. lit I tra' firsts, ( flrsta, 44,te.He; seconds, May... 8-33 8,41 8 88 j.40 8.47 .. ' ,,, . . ,. during tho week ended Match 2 were I " , Ww York and westprn. 1er 1 !. Nu. i. II VUtll. IJV Urn ".."1 ..IS.f 4V. T - tt and western. 1er 'JtKhw. I" 1 s ' " r ic sl.' ,1 .31 -.