""i
'
4 . hL
4 ,.
EVEXltfU fUJLlO LEbvjKU IllLDJihi'HlA, WEDNESDAY, MARCH C, 1918
hort term issues
riNQ from e.m to r.7S
UNITED KINGDOM OF
CAAKAT BRITAIN A. IRELAND
COLLATERAL TRUST 6s
t SEPTEMBER 1918
INITBD OAS IMPROVEMENT CO.
Kt NOTES
ff7' rcunuMHT ll
MEMPHIS STREET RAILWAY
KS 8ECURED NOTES
nuvtmubn iviv
VMuiiinPiDuii ei rrtnir. CO.
D" 6 SECURED NOTES
I ," f
151
FEBRUARY 1920
hHMIiLT, BRUbn bV.
BANKERS
Mr
K
306 CHESTNUT ST.
rUILAUCLFIIIA
rflBveitmenti in Oil Stocks
Ift'Only tho atocka of proven oil producers.
Laoneallr managed, ahly conducted, and
Mpaytng dividends regularly, ahould bo
noaen zor investmenia at mia nine.
'.' Barnett Oil & Gas Co.
f one of the leading Independent (dlvl.
lacnm paling on companies.
. Dividend rate 54.
' Dally active market New York Curb.
iwa do not charge brokerage on Barnett.
r?-TV For detailed Information
' Morton It. Alexander
Philadelphia Stock Exchange Hide
" William St.. N. V. (Itr
NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIATOg jES;
INDUSTRIALS AND SPECIALTIES
x LEAD NEW YORK STOCK TRADING
Good Earnings Statements Cause Gains at
Start, but Declines Follow Rail
roads Take Same Course
High Points in Today's Financial News
Stocks scored advances early In -Vcie York trading, hut declined when
demand icas supplied, llallroads advanced on Ht. Paul dividend rumnis.
Curb trading teas dull and uninteresting. Grain and cotton were, higher.
Italian exchange rallied. The HVyman-Hntloii Company declared n stock
dtildcml of SO per cent on the common stock. The 7'iWn City llapld Tran
sit Company reduced its quarlerlil dividend rale to 1 per cent, placing
the stock on a j per cent lasts instead of B. liar siller tens unchanged in
Sew York and London.
1 New York Slock Sales j
Net
Wsb Low CU.M t-l'K
Alnskn Old M Mi IT Hi '
Alaska Juneau. !'n '- "., ,
Allls-Chnl .I1. 51"; 33,fc 1- "
Am licet Suk. . 7l)Vi '" T ,
Am Can 4ii 40 4"
Am far & V Co 77a; 7(1 ?"!,- T
Am Hit Cor... 51'i 0414 lJ, T '
Am Hide & 1.. Mil l!i 'a1)! .'
Ou iirtf m'4 n nl H-
Am l.lneeel. . :it :i-'!i ", I-
Am 1.omj .. . flfl'i u.yii (iiji
Am Mult . li'. !"" I" 1"
Am Smelt It' sl" H,".i " "ii?
Am Sum Toll ,IM mi I'" '-
Am Sushi- ...IiiHi mn i J
Am Tel . Tel .IlllVa llll's l,v '' !-
TRADING LIMITED
IN CURB MARKET
Some Groups Offered at Slight
Concessions Interest At
taches to Motors
Aln Tobacco ..131', JSI'i !'" it
Am Wool . fill', 33' i M' ! '
do 1)1 of HI J4 II IV j ''- -.,,
Am VV'rl l prof !?' 'Mil s." '
Anaconda . . "l'! "-Vt ?V4 '
vv
t.
r.05'
F
Wit.
m
$?
z
p?4
w,
StHk-
'
1
Is -,
Vti.
K? -i
m
m:k
K TT rt
Safety and Yield
In Investments
TiAANY short-term notes
XVX 0 ample secifrity offer,
at present prices, an un
usually liberal yield.
Well-known issues of such
securities can now be bought
at prices to yield from
5 60 to well above -1.
Send for Circular PE-1SB
The National City
Company
Caritipcndtnt Ofcet m j
Pail.oVpli. H21 Cicitiut it.
ffnJfShort Ttrm XotfAreeptamti
NHW YOllK, March fi.
The Block market mado further palni In tlio early trndlnR today, rc
ncctltirT Increased outsldo Interest In responso to the. favorablo htatcmonts
published by many Industrial corporations yesterday, with tlio steel ln
dustrlalK and specialties dcmnmllnR most attention during tlio greater
part of tho forenoon.
Thcso stockH recorded advances of 1 point or moro, with lRorous
buyliiB for n tlmo, but It was not lone before tho demand slackened nnd
recessions wero In order. Then Fpeculatlvo lntfrcst wan tllvcrtcd for n
short period to tho railroad shares, with n Midden spurt In thcso lssuc,
when St. Paul common and prcfeired mado sharp ndvanees on vaguo ref
erences to dividend prospects.
This movement also faded nway, tho stienRth bclnc maintained for
only a short tlmo Mnny of tho specialties nctcd In tho fcamo manner,
mnklntr Bains In tho llrst hour and then yielding In tho last half of tho
Tho Street, after the teccnt Improvement In allies. Is .talklUB le.s
about mi oversold condition, and mo epresul tho opinion that liMtad
of now bclnc oversold tho market has been incrbcnmht, rsroclally by
that sroup of Bpcculators which shifts Its position whenever tho market
movement vni lei.
In some quarters It was assumed that tho differences which havo
arisen over tho Japancso situation bad a pood deal to do with checking
tho bullish tendency which prevailed In tho llrst half of tho day.
There was llttlo featuro to tho trading In tho bond market, Liberty
4s soiling ftom 86.10 to 00.20, and Anglo-French Gs told at SD?i and 89TS.
Atrlilrou
ii prof
Al (!lf & V I
lUld I.cro Co
Halt A. Ohio
HalopilaH Mug
HT SIVi
SIM'i S(?
una, no
:ii"s UN
I"h l'l
all
1IHV4 I
Mil
SEND FOR 1XCOMU TAX
PRIMER
Stock Kxchiiiio Hid.., IMilUJcIphla
Boston New "iork
s
IWAW- r3
S1 1? lkciuj aivi:rtiskmi:nts
v t-t':3r dcceitMetl letters testamentary on
Wl,in nuuvo pbiuiu iiuviii iift-n urunifti in in
Krtto are requested to ninko piment, ani
s- ianori4 navinw cii'.m o vTtmem tno namp.
; k' ilUiut delav, at the omco of tho enrpora
Oft'txecutorjiw rhfutnut nt . rhiladtlphla.
JRvi V tflR PnOVTiniVT'f.lKK AXIl Tflf'WT rnf.
rywjit tanv ok I'iiiLAnui.riiiA,
fJV ASA B. WINU, l'roni(tnt.
I ' r-r
, Q
Dinr.rToitv or AcrorrNT.XT
INCOME TAX EXPERT
. attlnberc V40 Itml Kstatn Trunt tilde.
Kr H1I phone. Walnut 732H
ET"r.
lto)'S- w WAIt TAX ltKTUHNS FniSPArtUD
KR. ' "CWAXCH & CO . l.anil Tltl Ill.lt.
ST '!i
f-X
Crrtlflfil TuMIc Affountnnta
?-
f ft)
' i 11B IIHAI. IlbTATi: TRUST III AK.
-,l 5INVE8TIOATi; i ADJUST I'AHTNUJtHIIIP
'jWivtunAtmii iMtirutrjU M.iUtVia
COTTON SELLS OFF
AFTER EASY START
Bearish Sentiment Encour
aged by Talk of Further
Reduction in Exports
COTTON I1K1.T WKATHKK COMMTIONX
vrvv lOHK. Mnrrli 1. Th follow In
tn"AturV" Vn. wordr.1 In the rott-n
'"dkiiho nmr It .' 3l Al.llrnc.4t. Tort
smith. ' , Vv'llmln.ton. S'M,,,:
iii:J!u,.,T'h,on.m; n!uV hV.o
h.irr. tw Orin. .lloniaomrrr -aiiifhlV.
0l,Tuinim. V'.'i'M,-rSl U"i '
There was a reaction In the cotton
market today after new high levels hau
been established, following easiness In
tho forenoon Tho bcarlt-h penllmcnt vvas
encouraged by talk of a further reduc
tion In exports, although news on the
spot artlclo continued bullish.
Huslness vvas smaller than It was yes
terday Wall streit bought and sold
IlaEtern mills wero eredite.l with buy
ing It vvas reported that some largo
transactions In cotton has been made
by JnpwFo Interests In 'leys and they
,!., i.nL.it In other parts of the belt.
After selling up to 32 21c for May.
tho market gradually aKKO"i "'"'
Ing by spot dims, both loc'al and south
ern, against purchases of spot notion
pouth This pressuio canltd May luicu
to 31.S0C and later in the diy the un
dertono was unsettled nnd feverish.
Tho close vvns steady at a net decline
of 2G to 37 points
The easier technical position was con
sidered chlelly responsible, for tho ear y
decline or M.mo 20 to 22 points, but
here was also a good deal of bearish
comment on private cables to the effect
that tho Hrltlsh Shipping Controller
would allot no cotton freight room for
This was naturally connected with the
reported further reduction In the out
put of Lancashire spindles as fore
shadowing a further falling pit In ex
ports and doubtless Increased tho dis
position to take profits on long cotton
Yfsfr.lis's
, Ioe
Marh . . 'I-'''"
Mn aj in
July 1 ' ;
OctubT . 3" '!
STUBBORN FIRMNESS
PREVAILS IN OATS
Stability of Cash Article Gives
Considerable Encourage
ment to the Bulls
r.itviv nr.i.T vvkatiii:u ini(i:(,sr
(IIICVI.II. Mnrrli ll.tlllnoU Pnrtlr
(louih tonlkht. roltlrr hotitli n nil trntrull
'llinri.(li fulr biiiI wnrmrr.
VlUhonrl rnrll rloudt lonlelit nml
Tlinm,lu. rultlrr Month rat tonleht.
UlMinMln l-alr tonleht unit lliiirsdm.
vrnrmrr Thurmlav.
Vllnneaotu lair tonUht unil TliurMlii:,,
nnnfr.
I cm a I'olr tonlclit nml IhurMlas,
warmer Tlmrila).
.North llnkota- Fair (onlcht nml Thurs
ila, wannrr lonlxht anil In mot 'lhnrH
il.i. Mnilli Dakota Fair tonleht anil Thnrs
li, wnrntrr tonlitht nntl eat unil isouth
Iimri.fl i.
.NrliniKka I'artlr rlouilr tonltlit nnd
XhttrH(la, nttrmrr.
Innii I'lirtlt rlomlv t anight nml
'Iliiirsil ill rlMiie trmnrritiir I linrmlai.
viiiiitiuii l-alr tonlKlit im, Tlinrii.iT.
rool, r I liurhil iv.
U-'iinlnEl'iilr north. liliMttlfd covjlli
tonlKht und Thuridu,
S.t'i "1
Mi i '!
i, .tl. si,., l li an '.H. 7S'i '!
do h pc pref llil 'j lnl,,i lol'i '
llkyii l!p Tran. in I" 10 "a
llllllo "l Ai Ze 'I'ii "'a T ,,
Ituttn Ac Snr Ci 1',4 'i'4 ,!,Va !
Cal I'etmieum. 13',4 U'4 1'A -.
Can l'.iellle ..ItflVd Hl',4 H"'a !'
Cent I.iather.. 7IU 7 "l" ,J
Cerrn iln Pasrii 30t SlCJt, 30 '"
Chandler Mot. . MS X?14 ST'a
Chesa .v Ohio. . r.v'l ni'i
Chic M .V. .St lV4 II
do prer . ".I'j "lBi
Chlc .t Nortliut ! 'J
chi it i ft r t c ;n" i an
do f. li cpf to an V4 "'"'j
do 7 P i'pf to nn'4 '"
Clillo Coppir.. I0H HI
'lilno Con Cpr. Il'i. IJ'4
Col fuel A: lion :i!'u .Wi
Co (Sjh .V. Kleo SIN lll'fc
Cunt Can . : "
a,' .in.
l,t II J '4
S'H. H'lT.
:i;'i .h'ii
S'l ST
S'i Hll
in'S, :i'i
i.-. in.
2.T4 '.!'(. aVj -f-
3 V .1.1 23 n
Sales in Philadelphia
' 'in n 1'iodmt1
f'linlliin stui
do pn f
Julia I" mi Mig
do pi i f
lien A. It J pf.
nistlll .secur
Klin
do 1st pref .
CJaston-WIH'ms
(Jen 1:101" Co. .Ill '.
!en Motors . . .ISV.
(5t Nor prtf . HI'.
do Ore subs 2H'4
Oreeno Can Cp. 4114
Insplr Copper. . II
lnterh Con Cop H
Int Mer Marine "!in;
do pref s 'i
Intiniat Paper 31 li
Int Nlrkel . . . "I'm
Kan City So., l'l
Ktnn Coppi r . . 3.1'f,
Lack Sleel ... hi
Maxwell Motor '2H14
do 1st pi i f . . i.l
do 2d pr f . 2:
Mexican J'i tiol li ',
Mldvnle .... ISVi
.Mo l'.u '11
do pi if .-!
Nat i:nam V St 4'ili
Nov Con Cop. '211
V Y Air It rake IS".
N Y Cential . 1
S" -i N II A. II. 2
Nnrf A.- V mer
Ninth I'aiillo .
Ohio fias . . .
Ontario Silver
Owens Hottle, .
Pan Mall ....
I'tnn H It
I'ltts & West
I'ltts Coal
I'ltts Cnal pr .
I'lcree Arrow
Pr Sic, I Car. .
Pull Pal Car.
llvvy Sliel Spr
liny Con Cup .
lleidlng . .
P.rp 1 A. S .
Itnv il liciteli
Siv.iki rms .
Shotting Ariz.
Sinclair "11
r.V'i
111. -i 2Vi
;:i i'
112
2ii '-i li
511 '4 3
1.(1 ', -1
HI 11
I Hi U
3iil4 H-114
311. '4
31
i ! " i
H'l. 1
.11 'j
SI
sa,
3'l
14 a',
NKW YOlllC. Mareh B
There vvns a sttndv tone to thn trad
ing on the Curb, although biilnes vvns
tii ill In volume and In Mimo groups
stocks wero offtred at Might conces
sions Most Interest was attneh'd to tho
motor stocks, but there wa rtlll tinx.
plalneil selling of Chovrolet, which
inngid from 121 to 122 I'nlled Motor
h"Id fairly well, ranging from 27 r to
2GV
About 2000 Miares of Aetna wero
tradul In nt 01. and O'l, most of the
buying being In ronmttlon with ae
eumuintlon of the slock for voting pur"
pors nt the minllig annual meeting
Tho oil slocks were geneially steadv,
wllb no linpurlant ili.niBe In prices
Houston telling at if, to IC'a and Cosden
at 7rj to 7 '3
Tho two Ihigllhh controlled corpora
tions, Ililtlth American Tobacco and
Vtii.n..V,i,rl,..,, fill Mflrn linth heaVV
liitativc of thn knowledge of the propor- I share..
tlotiiitcly high taves which those corn
panic a must pay to the UiltMi Clovcrn
mint V riKht Mipliuie was ti.idcd In lo a
mill Ntenl at 7 '1 and ',.
Mining stockH were Mcady and goner
nllv inn banged, vvitli Ills I.ciUu fcclllng
at I ' and riiltecl Veido at 30,
IMICsrillAI.S
V , 1 CO"1
III. I
1
:i
:i'i
lllah
ISO Am Ons N'l
l'JA Ilyspr 7SH
140 Iln M l.oc 111
11 & 8 I n . .
7 llrlll .1 (1 ZV
ISC mi Hon 4 1 i'i
2(1 lllee Klor 40"4
I2i Asp pf .VIU
Ins c ", ,
sno l.lc Sun C in
heli Nav (.1
n i.ii '"i :.'i
l.iMlnehlll Soi;
inn Mldvnle l.V'4
37s Pcnn 1:11 4.V
."IS Pa Silt.. HO
Phil Co pf ..
inr, Phil i:ieo 2.114
200 PUT tr cf 21114
1 Phlla Tr, 71
21V Heading . 17
211 So Jitt) . 2Sf.
Jin Ton lie I. .l'l
300 Ton Mln 3'c,
Cn Tiae . .
2 U (1 Imp
no, IJ S Kleel III 14
W .US.
I110W Crninp si
Vork I! pi
I.OW
S4
7B
TIV
4 I'i
4tHi
Mil
ii.
e.tri
nor.
4','i
I4.
nu
S3U
2l1
71
10'4
23',
aw
an
1
KM ,
l ;1C?
EXTREME DULLNESS RULES TRADING
ON PHILADELPHIA STOCK EXCHANGE
"" v I Business Falls Below Small Turnover of Recent Days.
Jsnii ana isaiawin jjuuuihuhvu uaiuiB rail
road Issues Firm
4R1
35 I ,
4in -1 '
f. 'fc
ill' '
HI '.
cn n
3S'i - '1
Bll'a 'l
I.-,' 1 H- la
4'.
mi U
tis ..
SftSfi ..
20'4 'd
71
701',
2.1'.
1.
Developments on the riiHneVlphli , Baldwin did nol fhoivany strergth 01
Mock Kxclnnge today wero (.cnerally . thn announcement of an oITietil denl.i
unlnlercstlng. Iluslne.s was even 1 f rumor of .,,,.. - .,... . "'"
mialler than It was during the mo, ..-v-cu aninc-
iiievlous sessions this week, which were
1 unusually quiet. Price change!? were
I iiietular, hut most of them wero frac
I Ileum
The l.iigest turnover of home hares
'uis In l..ikn "'iiperlor Coiporatlon, but
, v.mi that iisiml local leader did little,
3li '.Iniid Its price was a trlflo be low ester-
(ill
mi.
si
311
1411
(l'l
III
111
HI
MI
clay's close The widest rh.inge was a
iltnli of 5 point- for American T',IIn
prefeiieil to 73 cm a tillllng turnover
I
II
l!.n
Quotation given Is v, leida s clo'c iv,,,,,,,. Mlnehill nnd 1'ennsv Ivanl 1 Salt
I Philadelphia, KleclrltV. Philadelphia
T..I.I sile.. 3IKI slnirr.. .onip.rrcl will. . Traction and Lehigh Navigation vyero
1st" sinre. r.i,i,i.a, iiiii. r,r 11. u netU. ' imchiiiiKoil and fraction il ndvanees were
l;i.V sluire.i Mine irlcid list week, I2.1" maiked mi for Tonon.ih Mining. Tonopih
1 llelmont. Celiernl Asphalt pieterred,
ICambila Iicrtt and American Maf
'.
.12
tunc; III '.
123 121
II 1 14
1H
4114
II.
H
2S',
lull.
32 Mi
2S1.
411
32
SO
'2'l
111
'23
111
41'.
2.a.
.-.lO,
4S'i
111'.
121
'
OcnrKA K. VValHnn. (. I A
18th Floor. Ileal batata Truit nidz.
k!
MW'I Andlti
?im
m
Tax reports.
m.
Financial Briefs
Optm
3." SI
3J cm
31 mi
311 r.u
I Hal.
IJ 1,11
3J Jl
31 71
T.mv
.1.' J2
31 Ml
31 .11
30 15
Close
1 J III
31 SI
31 'II
3D 21
DIVIDENDS DECLARED
..iAnn el,,, fiimiiiinv reculr nuar.
terly nt lVj ier cent nn prferreil lasahle
April 1 to itocl. of record March 15
Dominion Inm and htei Company reau
,.. ...... 1... inn .1 nf 3.9 .er cent on rire-
1 fnrreiL rayublo April 1 to Mock of record
il .....r.niv Trail Comnany. nf Ncvr York
CMICACJO, March fi.
Stubborn llrmness was shown In oat
today because of n.ilrit,.t,n.,n .. .. k'nnili Pnc
.....,.,,vu n in, t - --. .,
p.en.lums on, tho cash article, notwlth- su.'debaker
standing existing embargoes on eastern Sup Steel . .
shipments and larger r.celpls. The T'exV C . '.
stability of the cash position K.Ue eon- Tobacco Prod,
sldenhle encouragement to the bulls. ' U",1I"nref "..i '
uuerings were light and tho market was lT'i n Stoics
conge steu ac times
S01110 selling was Induced by n renort
by II. Snow placing the reserves on
farms nt 38 4 per cent, or 1114,000,000
bushels, tho largest on record Coun
try elevators wero reported niled'vvlth
oats throughout tho northern portions
711 711
H'.'i KIT.
:iK'Cj 3K'
1'4 11 V
mil. fin
3(1 2!l",
41'. 41'.
2K 2K
a: ; 5i.
SCI'. SO'.
1114 1 11 '4
(.3 (.J'i
1 !--, 1IS,
r.t'd n:i"
Jt' 2n.
-.IVh 7I1'4
SI'. 711
70'i 711
(17 (17
17 17
3I4 3
K'i !, M-.'.
23'. 'Ml.
, IS'4 l'4
, 3d an
. ir,y, nn.
.l.-.ili no
, sii'4 I'i'Ki
,123'', IJ2
, 72 7l'i
Kll HK'4
fSl
1I'. '"J
2S '.
Il'j "1
41'. '.
H
K', '4
Ii7 I'i
3!. ..
2S".. Vj
411
32 .
SCI 'i
21. 'j
(II
2S
p.-. m
ni .
2.1 . 14
51
ls',1 Vi
:o li
1!5 3
7 I'i ..
27'. 'i.
7'l '.
H'.'j 4
3S'. 'i
' .
Oil 2'4
2'Pi "1
41'. '.
2K '
54 ;, aN
Kll'. t'fc
4111), .
(1.1 1
11'."! ,
5 IS, .
21 ..
7(11. 4 1",
7'l 4
71' l 14
07
17 Vi
31 '.
ST. r- 'j
23. "
llll 1 K.
30 14
IfiVi
no 1
piv, ;;
1220. a.
71'. '.
HH14 '4
V'liie i:xplo"ive
V111. i-tlilt MTg
111ei MnicTiil
nn 1 Wilt IMp
Ml lleductloii . .
I'.i'iailkiu Car Co .
I Can Car A. I'dy pf
1 Clieviolc t Motors . .
cirucoal Tion
I ('lamp
I ('in INs Ac roplane. . .
Carbon htiel
I CmnMiii Phonograph .
Cell 1.1I live
I Hi nclee Mfi;
Ihli r-l.tibo
Kathodion Ilronzo jifel
Lake Tin 11 Unit. ...
Li high nCal S.ilc . .
I.I111 1 L01 1.
Maxim Munitions
MmlVi Alicia so
V shipbuilding. . 3'i
Not lb Vine r Pap Pulp 2'i
A-k
11 H
(.nll 1
'.'i
s?(inn Am;nit&
1 lire's sci
.'.IKMl l:l .c. pen
Tr 4s. 71
T.k Sup in
5s
30011 Leh Anl
gen is jni'j
550 Lib liond
H'ss '17.1.CI
2 1511 do Is IMI.2S
IIIIMI.
IllKll lW
ClOSO
Nat
chse.
Ing. n small turnover of u,at at,i, '
taking place, with tho prlco oft '1 lc
vale S'lrcl, on tho other ,A 'I11 i
marked up ';. I'nlted States steel Zm
mon was less nctlvo than It has b,
for a long tlmo nnd decliiud after i I
Ing. a Utile nt tho Hart r Bal1' $
P.1II101.I Issues reflected the Mrcnni, '
for those shires In New- Yoik, folloS i
smiounecjnelit that tho Administration'; 5
piopocd legislation on trnnann,...,.' s
(i. Ill ill 1.1.1 a point and fra. H0n.1l de- I lines was vlilinlly ceiinln of pansar
i.e. were teeoided by M-uacc Hailed. IK tiding gained 11 point LehKii Vail J
ipld Transit certificate". William I n (iiiarter nnd .Soulhe in a trine. i.cm I
M.icin.i ciiuime'ci naniin iimt ,1.. tt
clay at last night's closing cjuotatlon bnt
a few shaies vveio rold in tho afternoo. V
at 4l', off a small fiactlon. " i
Liberty liunds were Inclined to Irrem
laiily, hut were cpilet and prices clianre-i
vveio unimiiortant
3
HII
2.1
'..1
','.
HI
3il li
811
I'i
it'i
1
10
(itls Cli victor
IN tile -. Motor . . . .
Poole Kng
It. deb 11 Truck ... .
Scripp linotli . . . .
S S lie.gu vv I , .
Mauilietil .Motois .
Steel Aliens
Suhuuitlue
M Jn-cpli Leed. . .
Todd .Shipbuilding
Tiianglo Kllm . ..
Cn Piollt Minrlng.
U'K Steamship. . .
United Motors ...
I'nlted Sugir
World's I'llm . .
VYilglit-Mnrtm Air
ZIiir Concent . . . .
.17
1714
4(1
in
7H
II
c
I2"j
l.Mj
7J
li
1.
r,
207S.
3(1
4
7
I
121
s'j
in
as
8',
4
3
1
!i
Si
311
ai
S3
I!
'21i
III
IS'il
on
5
211
SV
1 1 Vi
13
10
77
rlfc
27
33
imii do M 1
.101111 1'.i cn 1 01
I i.v l.n !I7'
5(1(10 tin I'll,-, tin
7fluo Phlla Lin
lt 5s in.s
3CI(nelb.illl
Co Cs !l
SCI SO 11
72 73 ..
.. tlflii ..
7!i'j 7B'a ..
J7.30 !7 50 .20
IIV.'II. Ill, .III .
Hi. Ill 11(1,1(1 UH.4II .."0
n7 li
11 CI
Local Hid and Asked
Vmr stores .
llrlll J (1
11 irr t i-us'i t e
do pref . . .
ItillMn ...
1:1 clrli Moriu
eh n r.cl Aph clt.
do I rrf
IC tcino 1. K .
Tod a v
Hid Ask
ao
J'. 21)
Testerda"
Hid Aali
21 211
VI
li'i
50
III
I ill t e .Ml
ni i', ' T.ik Superior ( nri 15 4
ilehlsh .Vavlccllon M'j
14
lolnl tilri, "ii'.SIHI, loinnirril Vlllb S1I.
"(XI m-sIitiIhi llin. f.ir IhU Mi.k, S','i"!l)
xjinn Mrloil ll-t eik. SI7S,0ISI,
IXACTfVi: 1MIILA. STOCKS
Following aio quotations for Inactive
. stocks listed on the Plilladelphli Stock
exchange ami In which thero were no
transactions todav Tho price given Is
tile last previous close'
Anir el.n w ir. 114 T.h Vnl Tr tif. 27'a
214
HI
icia,
II 'l
12'i.
l'l
HI
Vlllaliee tnaur. .
Vile i- Mill
'Vlnnr Kwy .1(1
Ahipp Mnren . 3J
Am. r Htori s pf m
Cctaulfls-i Int pf .J
Con Trao N J. . l.e.'a
(li li Aflphall ,, . 1l,7s
lit . II T... . in
III . II T Plef 17
kejmono T.l. S'I
ajieinno i ei pr 07
I. Nov 2d rt nf n
l.i h N'iv wr w I 7
I.lt Urns 25
I lltln (eehlijlklll 51
orlll cent . . ,
1' It T
l'enn Trafflo . ,
I'hlhi Co , . ,
1'lilU Co em pf
Ilwv (Jo (3rn. . ,
I' H Steel Pf .
Wnrlrk Iron.
(.olilcli Volley
I ehlah Villey Tr . l'l
elf. pref (.,
P nniivlvnnta . ... Hi
I'hllielelptila Kleo.. 23' t
1'hilnlell.hll Co 21
ilo 5 per cent pref 21
il il per cent pref iio
Phlli n T t C 2H
Uridine 7el'4
Tonopih llelmont. . 3,
lonnpali Mining..., 31!
I'nlon Tnctlon... 40
I'nlt.d rias Imp.. (
1 nlted feiatcs Steel (W-i
ork Ity n; a
do pref 11't
Win Cramp & fons 7
4ll'
17'j
HI
III
5S',
15
?2'i
31
2(1' i
7C.
''!
3'a
41
i .'4
H0
in
32'i
M
l,J
4 il
7s'l
in
11,'j
to
s
511
Hi
l.t
5 s
111
311
41
HV
21
30
2'.
70',
3
3'i
in
i,s'5
"..
Il'i
31'a
(-0
4S
7S
t7'i
HI' l
III
r.'i
4".
2'.'4
27
ai
2(1' i
-,i
3',
3' ,
41
I, 'I
IH'l
HI
JlJ'i
S3
SECURITIES AT AUCTION
Shares of tho West Philadelphia Pu. i.
-etigcr Hallway declined 32 points t f
Ids nt tho miction sal of securities
Haines & Lolktncl today PhlladelDhii i
National Bank lost 'i, selling nl m. I
v.oiniinjii.,.aiiii j , use eomnanv 8tnri
gained li nnd 1, selling In two otT
wlille Klto Association of Philadelphia
gained 2 points, ""
STOCKH
4 shr" Hul'iirhin (lis nnd Tuel c0
Vork Co l'n , nir S.'.n lo.nuii
sins. Sunhlno Copper Co , pnr
$". $72 uim Suburban Ua nnl
1'uel ( o. Tork Co , Pa . 5 per
cent 1st inortgaco, coupons April
and Oe toner, duo unci ,, I,0t IlOnnii i
2shr Commonwealth Till- Insur- t
nnre and 'irust Co.: pie tioo.. 24gu
5 shrs ( ontlnenta.i:qultalila Trust J
Co. pir 50 ,,,
Short-Term Notts
Key Tel Int Pf. 17'i VVrat Coal
211',
31 ',
I
0'i'4
s!
70
New York Bond Sales
7?.
Illinois ,
Ohio . .
Prairie I
S O Cal
H ( N .1
8 u N Y
ST.VMIAKI) (II
1S3
33."
Ipe 20',
21H
.135
207
imii.i'i:mi:st oh.
Ilarne.lt O R. (
('osele ii A. Co
i .lie Ilaslii ...
I'edcial oil .,
Inter Petrol ,
Houston OU
.MinlttOII .
Midwest Oil
Mil Petrol .,
Ohio I'u.l ..
Okie. Iter ...
j ei- on
S ipulpa Itef
eeiui.vah ...
Sinclair
I
. 7
. .
. 314
. I'2'!i
. 1 5 Ml
. IB 14
.101
. "!.
. 12
. d'i.
ft
. H'v,
1115
3'IS
275 ,
22.1
512
2711 20K
STOCKS
1 K. 1 h
'
.PS,
131,
17
Itli)',
1111
(111
Uii
1.1
13
iio
17
Ji
"i
II.
llljh Low Close)
Jionn Am Apr eieii r.s.. i.4 in in
4'liinu Anglo l'reneh r.s . snT, s'.'i se.,
.1iii.li Am Ker S. o 5s .. nV, in1 U3
Hani Am Mm . 11 5s s ss ss
7iio(i Am 'lei clt r ... sj sj sj
4Hliie Am 'le 1 5s . 11.", II.!', lU'l
lliieel Am T.l cit -i'i . 'in', lull, PU'i
4IKHI Am Writ Pan fi. . s'.'j s'.4 s'.i,
1 iie.ii Armour Co 1'js . h.1, s."', sv
.'llll.l. Atehlsnn CV Is 'till S14 Nl'j M'j
In All Cu I. 1st 4s . hl'a SI SI
.llioel Halt .V- Ohio 5a . M SI SI
liiiiei do Is 7el'a Til1 j 70'a
1 1 ilo ev 4'jm. . 7s 7S 7S
liniil do isnn 3.JS . s.lTe SI', S I'i
Minn lleth hll 1st 5s '.'e T'i'i 7'l", 7H'
llioel Hraejen Copper ds. SS hS SS
limn Ilruok II T 5a 'IS, HI H 1 HI
12IHIII llurdo (s ... s"'i Ml scl",
.limn Can (lov 5s '.'1 .. nl'j HI HI
2ilii(l (In 5u '31 lit llj', .',
.loon Cent l.eath 1st 5s. in;5, tup, InP,
llllio Cent It 11 N J r.s 1CH ln.1 Hll
rood e'hllel c'opper 7s .1'e't lcel Hilt
(.inm chea O c Has. 71'i 71 71
Seiein do I'aH 75 75 75
2'HH'O el. tony 5s . . 75'a 7s'i 7s'a
llllio do r.s '17 l7 '.7
.lion Chi lit Went Is . 55 51', r.l't
.lieicni c II it ( Joint Is li.", nj'i lu'j
llioel do 111 3i3. .. . 7.1'a 7.1'S 7.1'i
II CVIcVHU" t-ui 4s '2", 7si, 7s'a 7sia
lllinil ilo rM 4'-.s . .. 1.7', 1.7 117
1H
!ni,e.'Vvlc,V 1MV1 l'l'. 21'. IV,1" "l"1 U" '" ' "I 4i.,.iic t I i l-rfel is! .,1'i i.i ili'i
IJ S Incl Alco..l-4V4 i.i . -' AIIVINU sinn;c, ' -'( ol lneluitrl.l r.s . 7l'i 74'a 7P,
I'Sltnbber.. VI Ji fnl .',',, JIIM.MI MOlhl "jiiiiii t"i . 1st 4. S3N s'i', si'J
V S Steel "IT. !,,- ''"' J4 Alaska Standard .... a 15 ,. 2.'(iin) city of r-irl- cn . s'.'a s'. s-,',
do pref I in(, lid 11"., ' Atlanla Ill 11 II". nuclei con ', i eonv i.s .loiiv, H'i' loo
l'l .li Conner. .. '2Mi H'1. !'. n iigl.,dgo Hi la: li.: ' Hen Itlo ilr ls. oTi J, j,',',
M X. ej;,!,"Vii MM. 13Mi 13'4 l'j I ti. .,,,, i .i ' llioel 111. Secur Corp 5s 71.', 711 7'.
ItnhSecCurp i.i j ' 1 Isbce J op ... .... 1. ' .. I mem i:ro eonv la Her li 1" I'i', Pi's,
Wabash .. ',' ,",', ., Huttu New Vulk.... '), 1 .. imcici Pr.neh Hep r.'as . 1.7 li'. m.',
In uipf A 4ilj l-'ll ' - rt l-.il .c- .leiolllo 1 Ji I'i Ilii leinilCwri IMp. ,ll 5 . nsSj im lis.
f',,ri Allr. " "l.C 'J. 10 III II hliel ileb ie,H. S.."-j Sia h..'
,i-.u, Mnrvl.lllll Kill 101, 10'
Wnnlvv'orth ...llMl ll'4 HMj
W'or PM pf II (12 "lt
Cfllcnn ll ... 1,11 OlVCa
willvs Overland issf, IHVf,
Wis central
37
I,
51",
IS',
37
114
"j
.. ...i. eml.icio idiares. romnared
..ill?' "is Msi inre-s Vesterclijl thus far Ibis '. '",' '" '". '
Ilk .-RflLwIi) .hi re-si same period list week. ja Ml n Ing .
1 . VaVfiiul VliilMlll I IIUIU' I'llllllll .,
, 1. 137,000 shares. l,l,nenilelie Lead ..
in
(i
Tho Ohio crop report for March placed
tho amount In farmers' hands in that
State at 37 per cent. LIKi,t Rtock
terminal points, however, discouraccd
tho bears
According to ndvlees from Winnipeg,
tho clearing houso there Intends to cali
margins on all short siles In oats up
to the price of tho cash article Reedlnir
. i. " ., .'" 'r''1 A" "" Progressing vnn ,,-,, Jt ,.' verdo "i
...,,........,..,-, uneieni ay in southern i IVACTIVU IMHiV luiiaoiucao 'Jlm llllttl. fl3
T-un.vlne are quotations for Inactive liunbo i:tenslon ... . 15
T 1. rOllOWlUb nkJ , ,.. .,,.,,,. ,, ltl.-l.,t, . Ilorrncrh .. IV"
I Coll Al I.
Kinma Con
I'll. st National ...
Coldllclil Merger .
, (Inldllelil Cons ...
tioldlleld I"'lnretico
('nldlleld Kevvanas
(lie en Monster
-He
1.
!A
l"j 13-32
Ha
I
., , . J, .livlilend of 5 per cent for tho quarter
was today appointed, ?,i,',i March 31 litis, nuabla March an io
Of tho Philadelphia .J1,'' of reeor.lMalcIl 21. ,. ,
sii .n.i sit pimi itnllunv. Ilnitnn. fpml
annual of $1 70 on roinmon, pabl , Aj.rU
l Uoohn doi March -ji. reopen April -j
r-fJEdward S. Lewis
In assistant cashier
National llank. Ilo was until recLntlv
lYcashler of tho Farmers' and Mechanics'
frfAltlOnai uanic. TnAookh llelmont Company, a dividend of
i ' J. 'V I ... , ' .. ,,1,1 Aneel 1 n tnfllmlel
r.?fi Ralph P. Miller. William O Ilartlett Ir.r.r."",l'x,1'.V,h is"' " " '
PV , nd Morton .1. Klank have been ap-i Lfiiieh Valley Ilallrmd, rerular ouart-rly
jjiinisu aeaiaeaiiL caaioers 01 ine enrm- or .'a per rem 011 i.ir,r,,r., ,. .ut.u
(Jar and Mechanics' National llank. I both raablo April 1 to itoek of record
WWlZ.i 1". Lorlllard Company, regular 3 per cent
". -'AoDllcatlon has been made to the New on common and 1 p.r cent on prei-rnei
VTork Stock Ilxchnngo to list tho follow, payable April l to aloes nirmra jmrrniu
-!). securities: Allls-Chalmcrs Manufac- mccar7rvmn?flt;r4 "X" "on preferred
4twtng Company J16.500.000 7 per cent H'.'V .": '??',',"? L Krih.nf,ref?r7,i "
mlatlve nreferred stock nnd J20.000.. .".,'" .!.:..,. i rii i. iinok. rloan March
' I HI III KB lUllOIIIV . I - -.
.Srr
si u 99v cQinmejii siuck, io o issueu on or
8- ' . mMr XTftrel, 17. In eTeblinPA tnr nrecAnl
" JiKtstanelInc ot ng trust eertiflcates. Vot.
S,. trust expires March 27, 1318.
& ,lKi'
! . ; The New 1 ork Stock Exchange has
t -readmitted to the list the American To-
kM cco Company h dividend certincates,
11' AaaHaa "A., ee rtlnln. rllin Mnreh 1 10-1
ri ,v, --, - ,- -.-. .... ., .....
t!- .. , ..
Tlie New York Subtreasury gained
1.236,000 rrom me uanicH esieruay,
aklng a cash net gain since Friday of
I.9J7.000.
'.The report of the American Itadlutor
npany lor year onueu January ai
vn net. proniB ui a,ii,t)i, ewin-
WTTrt J3,ui)i,u67 net prouts lor
After preferred dividends, net
available for 112,278,400 common
iciwero eciual to S34.8S a share.
UK ci.u.Mt a snare earned in pre
year on $8,185,100 ewmmon stock.
itaed net profits of the parent com
nd constituent companies totaled
1,487, as comparea witn i.d.ob
lprevious yer. vomoinea net
: available for common stock were
to (82.61 a share.
A .. . . ..
City Transit Kcduces Dividend
YOHK. March 6 The Twin
add Transit Comnunv haa da.
a dividend Of 1 tier cent on com
; atock, redudnr the annual rate
, ,to 4 per cent, iteguiar quar-
dividend of 'lsi per cent on pre
t aiocK wm hibo aeciareu, uivi
are p.-yabio April 1 to Block of
I March is.
Kansas
A steadier tone vvas noted In Liver
pool. The high on Mareli o-its was 01 Ke
tho low Dl'Je nnd the rlose nisjc com
paitd with 91c, the dual of veteulay
The best on .May was 8ns;, the bottom
I '1 1H nml llvo fit, it BlU' OOe.i . '. .
4ti' in- iitii.i o,' n il nj n flfilnol i rtlll "- .
Hc, tMrril.tvH lut prlcn 'VnV- iv fit.tX Mont Powpr . JV$
- 4.n Oil Iri -,"' ' nam a. n, rt"2
v? York stocks nnd in whleh there McKlnlcv Darragh .. 32
N" ?,o transactions today. Tho pi Ice M .giii.t Copper ST.
were no w ..,,., ip. Mother Loelo. JI
"U cn H , in i' M' '" ""
A.lNanee 11"'" l4 Marks v Co pref .-.7
's,u "o.'.uJr ! 50 Mav n'Pt "" 'i
,rvarl 'n22
80'
"lex IM nr. f
Miami cop
(Joe,.l hujlng b- commission houses I Am
unci iliin.1 .,,.. I... .J. . ... 1
iSMo..iii.. .. urn, icMinfr nn erp to Foil i ''" t iVmVcd vt T 0. Iilk.-Iv "1
held ,ho market back. Trade remained AS l ' Sft Nr? Hof i: ?i
" i, Am M,5 '', 'inn Norf t We.t...lii."
Mr, Snow reported stocks on farms nt ' '""smS rtA ""- North America 4 i'i
44.3 per cent, or l.l OOO.noo bXl" aS BSe "iVS '"SW oS'rT.'J-: Us
-- - wa nit i V.HI1IIUIIIIII niifi i . us jr. a
.I
CsMnmitUe on Bank Merger
mitteo of uuarahtee Trust
Iroalt Company stockholders,
' ooiwiuer me proposea mer
til. tna iteai uatate Trust
report later," conautir of
MHurman;
.. .. ,i..i. ...
.iAr,' vv. Heinle regular quarterly of 24
. ..... i.n ,-nmmnn und 1 ner cent nn
preferred, holh pajablo April 1 to stock
,.r rernrd March 13
American Can ConiDinv gular nu;r
lerly of 1, per cent on preferred paiablo
April '2 to atneK of record March 13
Utah Conieolldated Mlnlna Cnmpaiij" nuir
terly of 50 renin, pijabla March 2j to atock
of rseord March 13 ... .
lllneham Mines, a dlvl.lend ef -.0 een , .
naiable April 1 to slock ef record March 20
Ae.orlated OU Company, reaulor ouarlerly
of tl "-" a share imiuIiIo April lo lo atoek
of rei.rd Man h 22.
VV'hlto Motor CiimiMini" regular quirterlv
of tl u ah ere paial.lo March 30 to block
of record March 10
Tohaieo l'reidui ts Corporation, regular
Quarterly of 11 75 a share on prefened,
payable April I to stock uf record March 111,
American Telephono und Telegraph l om
pany. uual eiuarterly of t2 a share, pav
ililo April 15 to holders of record March 13.
Central Hlatea Kletrlcal c'orporullon.
. .... ........rlv nf 11. nr eeoe on nre.
ferreel. pajablo April 1 to stock of record
M"ir.mieijak Mining . Compsny. utual
monthly of 50 cents a -hsrr. paiable Maicb
25 to holders of record March 20.
W 1HCA..IIII l.Clllll IIIII"" v-w...,- .., .n
i.. i oi .:. .-
iijt ttri-iuei oi per ceni i.in oar aju!
71 3 per cent In tho low-quality crop
mo ,irui ui iid,
Absence, of accumulation however,
and the fart that the cash artlclo vvas
till well above tho maximum on futures
checked offerings In the pit. Receipts
at Interior points were not up to thoso
of tho past few days as to quantity, hut
Impending cold weather was expected to
facilitate them, as cars nppcar to he
more plentiful.
Tho unaerstono nt Liverpool vvas
easier.
May com ended nt the top at $1.2711,
after having sold nt $1 27'J, which was
yesterday's last price.
Leading futures ranged as follows
. 'r
A.nTT!
Am Vn
Am """",
3 if i'24 Pan-Am Pet pf. (n'J
lal 14'i '"ere Marquette. 12
I, Pf 4i. Peru Mini pf . r,s
Mines Co of Amor.
Nevada Hills
Vi v.eel.i Wonder ...
Nlpls-dng
Ohio Copper
llay I lei utiles
Stew alt
Tnnopah Intention.
I'nlled Verdo
West i:nd Con ... .
White Oaks
White Caps
Yerington
1
3
I'.H
X'!.
Id
I".
7-3i
114
3K',i
13
K
4.
414
05
17
3 V
31)
311
Mi
II
1-i
H)
n
i
7-S!
1 Ji
30
81)
r".
4i
4
5 'a
5.
io
aiMi
s.
n
41i
7-3
1
74'a
!.7
S4
-.
17-32
at 11T i.Z " v.l.n o. ( 1 ,
Aso ' ; r,m Phlla Co . -.-,!.
Wroilt Line US' I'ervc'n N J liwij
A il I W pf "l1, Pitts t Went it nil',
A lllr i. All. hV rs.l Mtl.Cr pf ,fi.,
' ."' pref 100 Heading 1st pf, 31
llald I??.''"1 njli Heading I'd pf, 37
S.iaViVW:
r-i 11 ft. IV 'l
!'-.?n p?trot ' U 4- Heal. Air L. . m
Chieit-l'itdy pf..H" Saxon Motors.. u
I lueic-l o'.yi'"- "..,, Srt.ira.IlnAl.i.l. eo
Col noun .- .r u...V,...T. - . "f..:
Ilethlehem Ks ....
e'osden Oil Cs
Cosden & Co Cs...
Cudahv Cs
llusslan Oovt B'.s
Itusslan Clovt C'is
r-outliern Hvvy 5s.
.Sinclair oil us
1IOM1S
071
an
so
ni
37
li
I'd Mi
7S
Todd Shipbuilding Cs OS
OIK
S3
X.l
1)7
311
44
117
S3
0774
3!)
lclllil 111 htiel deb Pas. S.'Ca
411011 ineiiana Meei r,- nu
Hillil 111 Central Is III52 7s'
7 1 Inter!" M"t 4'as . 54
15iic.il Inter Mer Mar i,
4CI0H Kan I ley So 5s
1 11(111 l.lg & M T 5s.. .
led 11 Louli, A. Nah Is.
IVSSSI Ml. llonds 3'4a..
II73"IM do la
3MNHI del l"t 4s,,..
2nin.il I.vcuis i,s s,1
lunil Marseilles 0 .. HT
2110(1 Mi t West of Chi 5s SJ',
701111 Mo Par gm 4s.. . ei.
,l.,. Mnnl llnuitf Tl Sll
11.1111 N- V Air Ilrnke l.s 1111'.
..ihie, NT V C JCr 11 On . II.'
00(1 elo 4'as .. . SI',
L-siKHl N Y City 4liH 1I.HI li'l U
loeiii do 4'as Mv 1U57 'iil'j
11.00 N Y 1. , W (Is 101'.,
: S' V N 1U II l.s "Vi
(.noil N V Tel ceil 4'as SS
1IHI1I N Y W C S. 11 Pin l'l
70( 0 Nor Pic 4s . . . M
L'dOO do 3s 5s'?
loOO Orel Uwv 4s 7J'a
loon Paclllc Tel r.s ... H2
310011 Penni gen ct 4'as line,
10011 elo cn 4'4a 07
1 do 4as HI21 . I1
-toiiii 1'ere Marnueite 5a si
jrioei Mnclslr war s . I'i.',
(Kill h 1, l -r fis rt gen o . i-,
H.lKlll Ht le t. H P Ser A Ml,
noun heai.ru a i, iuj o -,
t
Itale
per cent
Amer Cot OIL. f,
Vin T T (subs) IJ
Hlltliuore .t Oh o .
Ililtlmore .t Ohio J
Ilethlehem Steel ..
Htklm llin Tr 5
Con l'.io Itv II
Chi II Q, It II
Pel it Hudson .
nrle Ilallroid
(l-neril I'lctrle. 0
(Isneral i:ie. trie- (1
New lork ont r.
N Y N HtH It It 5
Pennsilvanla 1 o j'a
I" Ker Co of N .1 .,
Item A 1' M C C ;
Snulliern liny. . '
I'nlted Prult . 5
1't.ih Seeur Corp 0
Duo
Sept 'IS
Tell
.lull
Jillv
I'.b.
.lulv
Mir.
Julv
A US.
Apr
1 lee-
.lulv
ept.
Apr
.luuo
Jlnr.
I'eh.
Mar
Mai
Sept.
Ask
!!
PS',
II
'IS',
I.s'i
IIS'I
i'."4 Inn',
p nnl',
ni', i."1,
"'.. !M'.'
pc; 1 1,
.', PC' J
S'I I.I
il. Ii7'
ost; hhi',
M S7
Hid
'I'll,
us',
I'
ll s
117',
14
ns',
t'2'a
lis
111
onnicix covniisiiriNT si:cttp.iTii:s
Aug 'IS 'i.'i
Hi t 'LSI S'l
Miv "JO ',
Oct. "Jl S'.'l
Apr M'l '"1
Mir. ".ei inn.
sept, "IS 'is
Voi "Hi 1.1.
Nov "21
Mil. r Tor Pecur 5
Anglo-I'renrh ;
Vrgenllne (lovt .
clti of PirlK . n
ltepul. of Priliee 5Va
flov of Swlt7er'd 5
II IC e.f O Hrlt r
IT K of (It Hrlt 5'4
II K of (It Hrlt r,"j
Convertible into long Irrms hond.
S'i',
IV,
s',
'.7
Jnil'i
!is
I'i.',
I.I
7S',
r.i'j
lUVa
,1'a
nil
7S'i
51
i2'i
7I'4
117',
K'a
117
hit
II7.SH 117 70 07.7K
nn an 1.11. 1 11 nci ai
Uli.5U 1111.12 UII.4S
h7 S7 S7
S7 h7", h7
S-", hj'.
.'
.111(1(1 South I'oe cv 4s.
15IIIK1 do cv os ,.
4P0H0 do rfd 4a
loiliin Couth Hwy Kin 4s
5IHH) TeTias Co (s. . ..
lunn Toklo 5a
3 111111) II H llubber 5s..
00011 IT S S K. It (Is. .
27000 IT H Steel H P f.s
'II',
7'l
I Il'j
nsVi
7"'i
7H
1(1
ll'l'l
Ml
11
si'J
IK,' a
inl'i
I'll'',
M
hslj
III
sci'ac
?-;
H 2-1
tin
07
11
sn
110
in
57'i
l'i
77'J
m
7S
lill',
ns'5
70'J
77'i
l.cl
IIS',
h7',
VI
111
11
M
IKI'a
nn',
llll ,
h'1
s'a
m
si
,f'o rrod rVl njj? hi. ' wr " S U
Tinancc Co. Pays 23 Cents Extra
The Flnanco Company of I'ennsylva
nlu has declared the regular quartc rlv 1
elivldend on tho list preferred Block o'f
ll.bii nnn nil exera oi i-s cents, pavahlo
)-. inn Un Psc 1st 4J ... MU hi ,
r.noii do cv 4s M'i hil'4
lannn U IC of O II t I 5a nsii iisH
ionod .lo 5'4s 'ID.. ... P' n
...,n Jr. Mt. tieu '10 lin'k N'j
3inno do 5'as "Jl...
6U0O Va Itwss 5a
Total sales, 1.134,i00.
tin's
113
1)0' 1
IIK'I
H2
60
I'll', I
H7 i
III I
81 '
!!"
Ill
57 "i
4'l
7Ji;
HI',
711
I'.n'i
on'a
7ll'I
.77
no
list,
S7'J
sue,
n-S
miv,
ns'i
112
1)1)
MONIaY-LENDINO RATES
M'.W VOIIK Money on call all day
at 4's per cent.
Operations in time funds continue
limited to occaslonil renewals at U per
cent, and that flRiire Is bid for all ma
turities on both half-and-half and In
dustrials alike Thero are very few
new loans for fixed rates
A continued fair market Is reported
for bank acceptances, villi ellglblcs
runted .it 4'aii4' per cent, and non
ellglbles at S'-Si I", per cent
Prime mercantile paper Is dull so far
as New York citv Institutions aro con
cerned Most of the business trans,
acted Is for interior account at C per
cent, with exceptional transactions oo
catlonally at t ptr cent.
PIIII.Ani.l.nilA Call, fi per cent;
time. 5(!iG per cent Commercial pi
per, tluee to four month", f. it C per cent;
six months, C per cent
FOREIGN EXCHANGE
NKW YOllK. March C The fe.eime
of thn foreign exehango market viae a
rall .n Italian exchange hparl li e
chctige was firm Quotations -vie-
Demand tteillng 175. cables 170,',
Slj.t-day bills, nomluallj, 4 72; ninety
davs at 4 70
l'l alio e ihlos G'O6!, checks 5 721 .
Lite, cables 8 P0, checks S 31 ' .
Swiss cables 4.4fi, ehecks I 18.
(lullder cables ii, chock's 14 U
Peisetas cables 13U. eiiecks "it
Itilble cables 21.48, checks 21 10.
Stockholm cables "ITi, checks 31'.
Christlanla cables 30"i, checks 30'cJ.
Copenhagen cables 308, checks, 20,
w, on.-. .iiiiv.- v .,, .1, i e-nii-i nania ii
second prcfercd, pir tloo inv .J
4 shrs. (luintnteo Trust and Sato :
Dciwslt co par $100 iia i
31 shrs. ltoii i;.nto Trust Co pre- l
ferr el per tloo ionic
10 shrs II nl l.st it" Trust Co. pre- "
ferrid pir IKMl ion ,
12 shrs Wain. Tltlo nnd Trut Co.: 1
pir tion . jjsu
11 shrs I'hllsdelphl i Warehousing &
Cob! Stirnge Co inr 11110. ... 8;u
25 shrs Pciinsi li aula c 'old Storage ct
Maiket i'o. lur t.lu IJ i
3 shrs l'lro As,ocl ction of Plilladel
phli, par 150. J03',
10 shra I.umljermen s Insuranco Co.j
pir I'-'l ..lot)
115shrs Phlllel lphbi. Neulown and
New York Itailroad Co ...Lot t'O
2 shrs. (1. nn in Ih.atp Itealty Co.!
pir JHI . n
2ll shr I'tiltoci C.as and Illrctrle Cor-
porattnn 1st preferred pier tlOO 43
2C shrs 1 n't- d tl is and i:i-ctrlc Cor.
peireiron 1st pr, ferred, pir 7100 12
51 shrs I) Ulcere Itailroad Co., par
t .' . . . . . . .... 40
10 shrs XoithTn Central Uillroad
Co.. pir t50 jj
3 shrs Piiiladi Iplil i I'.oui,, pre
ferred par $25 lgli '
1 shrs Phil cd. lphla Houras com-
mon; par 50 IS
37 shrs American Pip- nnd Construc
tion Co- pir tloo '
2 shrs I'hlle.lelphli National Hank:
inr tion 4(0 ,
20 shrs Tr id "men's National llank,
Pir tino 250
10 shis UiirllnRtr.il S ife Depo-lt nnd
Tni"t Co pir tlOO . 250H
10 shrs I'nlt.'d (Jas nnd Lleelrle Cor-
pur etlnn Jd ph f, rreil pirtldi). 7
4 shrs. I'nlted O.is nnd Llectrle I'or-
porillein 2d i referred, par tlOO 4 e
7 s'irs .lain a Lee h t Sous, llrldje
port, Pv : par Jloo. . . . 103
s shrs vvst l'lill.nlelplil i 1'jsenger
Hallway Co 10?
HONDS
J500 Sfonlgomerv Trinslt Co., 5 per
cent I'irst and refunding mort
gage. Coupons Juno and De
cember. Due 1010, . , 13
1000 Sunhuri Ilnzelton and Wilkes,
llirre Hclluay Co.. 0 per cent
Second niorlltigo, Coupons May
, nnd Noiember Duo 1H3S . 103
100 Lkrlrle anil People's Traction
ei , 4 per cent Stock trust
lnterost April nnd October.
Due I'll! 73'.
3000 ('III of Philadelphia. 3 per cent
lnt n st January nnd Jul).
Itegls'eied Due I'l.'.l . OJS
3000 liel stone Telephone Co., 5 per
cent I'irst mortgage Cou
pons J.enu iry and duly. Dui
1H35 . . SS
LOCAL MINING STOCKS
TONOPAII STOCKS
m.i
. 2
.14
llm llutler
MieNaenura
Midway i.'i
Mlzpih Lxtcn.lon 03
Montana 10
Northern Star 04
He -rue Kuta OS
vi'cst Hud .77
COI.DriELD STOCKS
Atlinta 11
lllue Hull 02
nooth 01
niamondfield II II 01
Daisy 01
Kewanns (17
Oro 01
sandMorm Kendall nl
Silver Plek 01
Mlscrn.LANnoua
Arlmni I'l.lteil 13
N'evadi Wonder , ,.1'J!
Teropa Mining 17
Ask :
.S 1
.1 J I
.IS 'J
.CI-
.11
.1!
.OS
.OS
.03
.01
.(in
.OS
.03
.0.
.79
ltt
.IS .
Virginia Railway Passes Dividend t
Tho dlrectots of the Virginia IUIlwsT
and Power Company have passed th
dividend on the common stock due 1a
April.
compared- with
vreeg.
I'Srnp Tab Itec. 27 Nn; .Milling . in, W20 J 0o".
Oeorge
oWajlhlon. .
Jay Cooke,
Biepnen
3- '. I ,
l.Ca. Pitff .St4)k'IMTldett4j
Jtois-. I. The i direct
any
a
paiable April 1 to stock of record March 12.
American Woolen Company, regular quar
terly of 1 per cent on preferred, paiable
April 13 (o alock of record March 18.
J. II. Dunham Jt Co . regular quarterly
of IVi per cent on first preferred and of
114 per cent on second preferred, both pay
able April 1 lev atock of record March 20.
Laurentlde Pulp and Paper Company, reg
ular quarterly of 2V4 per cent on common,
payable. April 2 to atock of record March 23.
Klectrlc 8toras llatterr Company, reg
ular quarterly of 1 .per cent on preferred
und common, payabla April 1 to atock of
record March IB.
NEW YORK COFFEE MARKET
JJITIW YOllK. March 6. A leading
Front street coffee merchant vvas u per
sistent buyer of the Mav.pos!tlon at the
opening cr the market for coffee futures
this morning, carrying that month to
8 50, or 5 points above tho close of yes
terday. The official opening was un
changed to an advance of 5 points. The
local spct market was stronger at an
advance of He-
Yeet.
Open High Low Close cloa
March .... 8.18 H.9S S.84 8.811
Mar ...: .40 8.50 8.47 S.4
Docember ,e,.j 8.72
.'
a2
8.74
8 50
8.68
47 8 43
54 8,68
CU 8 2
71 8.7.
9H.tWfWt-'-'Z,
Jjfailltii iu uff h ranzcci an munnm
op.n ,ah ,.,v c,o K-;f.;v . -,;
May .. 1 27 . 1 27 . 1 27'. 1 27 ! 27'i ' H ''nio (ir 'r"'' - - l"i
Cornjnew deliirr,)- ri'iTroU " 'U."n kL ?rXr W ' k, !
March ,. IH't 01'4 Dlji .01 Jlll'i J.!r',rd"pn"f -. wl T Ht LftWri Ij '
il0iyi,d M" "' wu k9H '8D,i file? S?orr Hat' rX$ ? ; F' iS'll Sll'
.I.ird f.j HI S nref "S'i T. "t L 2d of tt 10
May ....;! 'J7 5(1.82 2H22 20 12 20 22 iiin chemicaT .15S 'bird Ala .. 1771
Julv .20.47 20 47 20.37 120.87 120 37 f ,Re?al ClSar . HS'4 Tran.ue.Wma . 4(l'l
,111'B
May. ...21 23 25.30 23 22 212221.17
Julv .. .25.115 20 05 23.G0 12100 J3.32
Tork I
May. ...48 41 48.47 48.33 48 35 48.30
Hid. TA-keeL
1718. MS
1,082.340
2,033,722
128,402
M. 7.111
833,105
RAILROAD EARNINGS
CHESAPEAKE AND OHIO
1018 Increase
January groin 13.502.341 SU38,4ii0
S0UTHEP.N RAILWAY SYSTEM
T.lnea Eaat and IV'.at
4th week February.. 12,807,231
Month , 0,421, 011
From January 1 18,042,183
Mobile and Ohio
4th week February.. 1287,670
Month IMI8.154
From, July 1 ....... 8,010,0(37
Georgia Southern and Florida
4th week February,, 158,214 1450
Monen ..,...,,,, 2.n,an .,B32
From July 1 , 2,100,062 183,535
ILLINOIS CRSTHAL
January iron ...... 10,853,078 "14(11,808
BUFFALO. ROCHESTErt AND
rtTTsnimaii
Fourth Trlc Fob.,.. 1340,420 Its, 888
Month 1.187,003 155,878
HOCKING VALLET ItAlLIlOAD
January rroia 1823,115 -I70.001
Decrease.
BANK CLEARINGS
Bank clearings today compared with cor
reapoDdiiur day last two rears:'
I, ail, biz o.iuo.sin 4Z.7n.na,
l.iii ini'i ::.-.,... "- "
den Cigar pr-f. J' ,'w nc ; n ii r. nil
ilSrlto-Jr,!: I. W ' "" '
!.;.IriSnir:icor!;:ioi t Aiioy m 40
Homeitake ...SO Jn It Cgr Htr pf 10J
llilnola Central. I'l'i V'.,i,,r,?iu.lt ." '. ''":
"llu -cl Jt 1)1 -tHVm
ITnlal Tl, M Z. mr.
""..v, Mtm u J. ,)
aMffMWiJIi
Trust Company Service
With a Friendly Touch
lne Aarlcullure. 13
Inter Agrleul pf 47
United 1'ap Hd 15'1
Inlted Ily Jnv. (!
Hntd lly tnv nf iij
8,Iluh lit of looij
" .8 C I P pf. 41
IJ H Ind AIco pf liu'l
V B Itealty Imp 15'J
US Iteally lm
lt pref r,n
V a Bm ti rtef. 45
II H Hm & n pf . 4il
Ja-car Chem, 41'
:tan LI.. 88 Va-Car Ch pf Joi-J 4
"Pt S pf in-j't Va Coal & toko ei
entrl...il(. W'abaah pref n 2,1 I
ft HSM.. SS'i ij.srren It n.. 15'J ,
In, fnnm I'm nf 43
Int Harv N J..12lV4
Int Nickel pref. 101
Iowa Central... JS,,
Jewel Tea a.lVi
Kansaa Cy 8.. 37
Kelly-Spring.... 40,
Keok ft D M... 414
Laclede Uai ... 80
Lee Hub ft Tire 18H
I.orlllard 181
Irfh Valley.... B8'l
liuls ft Nash. ,114
Manhattai
May Dept
ktlcb Cent)
M H p ft I
Mln ft Ht 1. new I)
Mo I'ao pref,.. 51
Morris ft Lisex 31)
iiKiT r.
M K t T pref., 8
Nat Acme .,,, Stl
Nat Hlacult ... 07 i
Nat Hlscult Pf.llOU Wheel ft L B pf 20'.
jat con ft ra. 14T vvnito Motors.. 4!
Nittgi!ftt8B,pff:1o0dH w"r"r M-
Gire Notice of Note and Dond Issues
HATtltlHDUrta, March 6. Notice has
been filed with the Public Service Com
mission by the Philadelphia Electric
Company of Its $7,600,000 note Issue,
and an Issue of 14.000.000 In bonda. on,i
by the Delaware! County Electric Com
Warren It II n't 51
IV eat I'arino .. 2UU
Weat Md 2d pf 2"
West Union 80
Weatghie Mfg , in:
SSSS'iV'Jf'- Sit
-..:"" i r- -
Continental-Equitable employees knov,'
the value of a smile and a kindly
spoken word in present day business
transactions.
There's a hundred such employeesat
least one always ready to efficiently
administer to your wants.
CONTIINTAL
IIME
TITLE-DTRUST COMPANY
Twelfth Street Above Chestnut
Philadelphia
m ii -
MB.irai!M iiiiiiiiiiiiiaiinn
buy for cash
with our money
.a-nitmsrW.
MflfllH
1
:
Ixt us carry
20 KJ" CU8-
tomera and
oho you haok
that DEAD
capital to tin.
prove your
credit and In
crease your
net worth.
flftOOftOO Capital
$1,000,000 Surplus
mmmmMmmmimmiasMmn
Aren't there times when a little extra
rash would como in miphty handy? Do
you realize that you havo that extra
P'.tal KIGHT NOW in your business,
.-UAl'ING in your Accounts Receivable.
In many lines it is now a problem to
ECt cither raw matciials or merchandise,
ant preference is, no doubt, given to
cash buyers and those who dbcoHnt
and they buy at lowest prices.
Isn't it pood businoss to sell u your
fc.'ounts for cash now instead of waiting
Jinm your debtors pay you ion daii
i0U a?an inwediatoly buy mnrtf mer
diandiso for cash or dlfcoimt outetr-cd-ng
biUa with our mrr.y, and tncreAM
your turnover maWnir an additiotiil
lllnrr profit each Urno.
In view of tho ftlnios: coustarrt lncsMvio
or pi ea you can p.-cbubl' Mry row:
Ecoth enoueh cheaper but,", Uma r"
could later, to pay the coil of our ivomr,'
acvvrui iunes over, B
Mar.ufacUtrers c-td VholMaleri, i.hy I
avo 4hl J.. J l.i ...j . !' . ,1. S
Account; vithou'v ::ur:lir mofit. and
constant';- lose ct,jor,UPittc j nvVto
ir.oro aiorey HUi .;? .
taaaimn r i1 yimajoMi j
Commercial Credit Compaq
Cash Capital $2,230.0. Surplus 75rW
BALTIMORE
m
thi
s.
RttrntnuS et
X?B1I T0RK CHIV'AHU riiii An,
l 04lill,. Iilda. Til r... ..:.. SJ.. .....
Pels'; 05
50 Concrl 3lri) - ta
II
M
I J
V
i2.H 'Jl-ili-xis .!.'Ml
iix vi cue jBuncB ok li 0,0110.000
i:?S:ffi?T
Tl-Vr.TA ,t
m.in
W.jh.&&MPJ&L.k3kiA
mijsz&bm'iu