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EVENING PUBLIC LEDGER-PHILADELPHIA, WEDNESDAY, MARCH 13. 118
s
SHORT TERM ISSUES
N6TTINQ FROM 6.80 TO 7.76
H '
rj'! . UNITED KINGDOM OF
.GREAT BRITAIN 4 IRELANU
COLLATERAL TRUST 6S
8EPTEMDER 1918
'UNITED OAS IMPROVEMENT
CO. 6 NOTES
FEBRUARY 1919
I
Rft;
l.ill I
fc&cM
K"V
vk MEMPHIS STREET RAILWAY
l 6 SECURED NOTES,
ft NOVEMBER 1919
PHILADELPHIA ELECTRIC CO.
6 SECURED NOTES
FEBRUARY 1920
REILLY, BROCK & CO.
nANKr.ns
206 CHESTNUT ST.
riiiLAiiULrniA
NEWS OF THE FINANCIAL WORLDS-NEW YORK AND PHILADELPHIA STOCK PRICES
ILEADING STOCKS HOLD STEADY,
ALTHOUGH BEARS ARE ACTIVE
j Steel Yields Only Slightly Railroad Issues
; Decline After Senate Rejects
' Compromise Plan
New York Stock Sales
Itifjh Points in Today's Financial tXcws
l.rmUnu storks hrM falrlil slrndi) In .Veto York although hears made,
peralslciil cfjorla to rciluvt: values. Vurb shares urrv t'fnrraltil loner,
(train cholines weir smalt. Cotton van hlilhrr, Vestas tverc strong tu
foreign cxchmttio market. V.rtta dividends ncic declared ha utrens Unt
ile Mnrhlnc Commil; rmcj the Tidcnatcr Oil Comimnv. liar silver leas
unchanged In Xciv York and London.
mm - tisss
411 BE FILED BY APRIL 1st
nuii
Alaska (iold M I. a
Ahikka Juneau. 2
Allb'-ciialntcrn. 2,li
Am Heel Sugar HI
Am Tan tn.J
ilo lire f nni
Am Car & !' Co IbV,
Am Int Corp. . .11 14
Am Cotton oil. 3 Hi
Am lll'lc k l.pf no
Am Unseed. . . .nifc
do pre t I ',v
.Mil Ntneiiiug.. M
Am Sum Toll.
Am Sled 1'ily
Am Sugar . . .
do prof
Am T.l & Tel.
Am Tobacco..
Am Wool
ilo pief
Am Zinc & I..
Anaconda . . .
Atchison
Low
i.i
Ill's
Sll If.
40'4
011
7B
iav
tilli
.!'
:').
nn
Dili
03 i
lol.i,
Kill
Nil
clu.
New York Bond Sales
Cl.se
2 1 's
2IUi Vt
Rl """ .'V i IfiUOII Am.. T..I ..I I.
10.1 "s 2.1111111 .in .Is..... ...
Ol'fc
! '.'l
I IMS
1 no
lnii.
1.1.1 .. I.V!
a i vi a am
.Ti
m
H.I
tXl'k.
lfH4 4- Vi
fta'A '!)
aiM, !
Vi'Vi '
3.1 .4
nil !
HlV'i ..
Ill '4
ii.ii, .14
ion H 2
Hill .'(i
tnn.j, UU. I .'!i
i.ia ',-j i m
fts ltd
.in",
It ',4 Vi
n:iV4
Hl',4 "i
'i
EtPtMA'
W,T'
TAX RETURNS MUST
BE FILED BY APRIL 1st
THE time (of filing Incomp and
War Exctsi Profitj tax tttunli
cipitts April 1,
H you have any tax problems,
our Tax Department, directed by
former official ol the United Statu
Trenury. whoe duties there In.
volved the interpretation or the
Federal revenue law. will be clad
to aid you. '
Blank forma and tax literature
may be obtained through any of
our correspondent offices.
Thtit (i re thetitfit this arriAe
TheNationalCity
Comnanv
Corttlfoxdtnl Of.ett in It Cltits E
Pkiladtlpbia 1421 Cteilnot St. 9
1.01-ltr.t .1.13 I
?,.fl- Short Turn AlM-v!rrifi ' jf
New Wl(, Mhi-pIi 13.
Tho atoi'k market w.ia mibjcctcd to lcar attacks at finiiicnt lntcrvnlo
diiiliiK tho ilay, hut many of Hip hiiiinrlunl Lssiics bIiowci! u resisting
potter ami nl.j ilcrllncs were efToeteil In u number of specialties. The
lenilliis stocks generally held steady, with I'nltPd States Steel ni stnh
born as ever nrul yielding only sightly under persistent short sulcs.
American Telephone, after rallylns In the mornlns. was offered down
to I00i, but the stock mih t-o sciirce hi the loan frown, where 11 com
inande.l u prrmluni of Mil, thai many of those short of the stock slczcd
tho llrst opportunity to cover their contracts.
I'onU were at work In sonic of the lowpiiccd specialties Com Prod
uct moving up nearly 1 point and n llrm tone wa.i shown In tho copper
stocks, with IrrcKular chaiiEcs hi that Broiip. I
Tho railroad stocks held steady ihirlus the yicater part of the day. i
lull after the aniioiinceiucnt was niado that the .Senate had rejected the
ronipionilsc rtached in the conference last week, lliesc shares were In
Increased supply, losing their early gains, with some Issues showing net
losses lit lite close.
(icncrol Motors was actively traded in, falling mole than : points,
with a rally at the end of tho da. Movements In the remainder of the
list consisted generally of moderate advances In the forenoon, followed
by lecesslons in tho lain trading.
There was no change In conditions In the b.ond market, railroad
bonds being In fairly good demand, without special change In prices. Gov
ernment bonds were steady, with Jdbcrty 4s ranging from 90.10 to 90.16.
PRICE CHANGES IN CURB TRADING
TEND TOWARD LOWER FIGURES
l.1'Si
14 1,4
HI v,
At (lulf & V inn: t inn,- m
H.iM Loco Co.. 7(1(4 ; t ! 10 '.
do pref n ill) tiD I
llaltlmoro & (. ,l.l(j . I n , .1.1 L
do itref a.iii-, ft.liji .1.1'it '
llHtopllaH Mlti . 1 1 1 '.4
He-Ill Steal ... 51 ?(! '
, no S p c pref Iikiii fili lon(i - U
Ituiits Hrort ..MR ltd IIH 4 Hi
1 Hullo Cop K 7. 10 III to
Huttp & Sup C -j:i(4 2'ii M
CHimillHii l'.io.ll.l'H I4.1"'i ll.l'Ji ' "
I ltil I-cathcr . 7(l('4 niPJi 10 '!
Chan Motor.i . Hl"i Ht(i st'4 I'.fc
I CIlPK & Ohio . ,1(1 nH .1H'i I '
I Chi lit W.st pr Ji)i 33 3S N
. Clll M & St I'.. I -J (4 13 13 'l
I ilo pri-r . . . . 71 73li 13'', . .
Chi I! I H ,. H ll4 3K4 'i
I do f, w f t ,- r.1"i .17 .!1i Vj
1 do n- pr t ,- r,n mn,-, nx
i'IiIIp Coppi-r. . lH Hi l
ciilnn Con C'ii ll'i Ht m 'i
Col lias ti i;ip,. a;i ;:( :i:t (4
Cr.ai-ol Gph . . . hh H7 H7 "
Com PioiliKti. :inc, :i.i n.ifji L
do pref .... ii n !KI 00 - '4
Crucldp SippI. n:i(4 (13 (m (I3T!,
CiiIih Ciiiip Sug aii .11(4 31(4 '4
do pref .... X314 H3!4 Hi (4
Url & nucleoli. Iini. IKiVi li"',i
177
ao
13
nuh
moil Ainor .V(.r d'h. ll
BJoriii Aiwioi-ron, i .'... to
..'.UIK Alm'r HI1' & ' 'I I'".'.
"-" .Miirr sin a. no i "!
ii-jii
7000 Arinnui- '-.'.' iij ..'. . si'.
""HI Alrhlwin Is.. . -"!
'"""I do In tlillil.,.. . S.I
-I""' Hull t- tinlj n',ii 7i
l"0 ,n r, . . "I
..oiiii lien, nil ,( ,-.:i.i, 7S
. 7HOO UMvi I! T .1 l!'t. 1'1'j
J"i llor.lu in silt
I'lino i-i.il il,,vi ; ill na'ti
i'" (nit I,. nil, iv r.s n.'ii
VliiHl I'hllr CopinT 7 ..l7
7noil f.-ii, , ,, t., i,B TS'j
.limn ,1., 'i 7.1V
l-'ooo ,l ,.,. ,-,, .. Ml',
ti l.i .Is l'"'i
:moo C, m vvri l. r..l.
.17000 i; n q jhlt i. fi-.-V
'("on Ol HIP rM .4 '"'i
.''I'hi do (oiu- ... .. 7li
Kino ,t ,.v i,,, 7,-iH
23 lo Kn lj. v.',
(oo i II I f rM l '''.
!"'" lo la 7.'.
limn i-.ii . south !'. '
SWKliI Clly nf Pnrln (In. -1'i
23000 ('mi iH, ,.v ,.. pull,
loon ii Api-ur Cor .". so'i
pioiHi Kn-nrh fipuii r.'.n i"tV
looo d,n i:i,- rich 1-... W'i
2niiil Indian.. Hl.,- :,-,. I'd
:ni"'i lonn LVnirnl l . I"
cimn Int-rli It T rrt is o",
I tntt-r Mr M.ir . I'.l
200O IChi, i'Hv s , ,1" "I'j
2HIKI LnilMk- (!; ll Is OS
looo M( Shor- rns :i-s 72'a
lo .ii i ,cl, In piss H.I
3000 .l rich . ti:i sj'
21(0,1 i.ie .; -rii ,i . H2'i
I0OII l.nutf Ixlnml .'.. .l?s 71
tnnnni I. II, itomN sit. II7.R'
H33()(l(l .In U
IIMMI .In . ts .
t.ow ctoec
i".
tvtit nuAXTnTTQ T'ATir. AN TRR.TT.riTTr.ATi'iS
r . n. .a. .tf..'-. rniviii vjiir.ijrjuaj j...- v.,IiirtU
Sales in rmiaacipiuuj ,TTr)0 ,T oTT.AniTJ.PHTA lilYHHAMnnl
vjVJUAOJJ U1X J- liiu"""" ""ViuiuOl
nl
tv;
hi;
ti'11
H'l
'l
H'ljl
7S,
,H'4
's.l'j
I'j
t'..'i
I o7
7.1V
Ml'.
117 V
ill
7.1'i
III
t'lii'a
SI
1,1,1',
so',
I'd
III"!
mi
1.1
W I V
ll.l
7I'
IS
loo
82
Hli I
Ml
H7'.
so", !
7S', '
ll.l', I
M'.'j
ir.'i '
1"7
72 !
7.1V
so',
nPi
8D-, !
117 '
711
73',.
(jj'J
liii'a
H.I
liii'V
HO'.
Illl'l
!W'i
nil
t.l
H-'
1)3
74'j
III2I1
(I All) I1.IS. H3
13 Cam lion 11(4
S0! lllto Stor 10
lien Audi . .
ami l.k Su Cp IftTs
27 l.e!i Niiv. nii
III l.rh Vil. (llHi
.in Npv Cons 1H(i
317 I'enii Kit 4.1'.h
M I'hlla Ca. 2.1
.in I'hlla i:ieo 2.H4
2.10 I'llTK
37(1 Heading .
7ii(i'l'oti till.
70 Ton Mill.
Ill' (I I...
I'M C SJ
.13.1 V S Steel
3fi
Hie,
:t",
s."
(!H
l
I.nv
Hi'
IIH
mn
i,i
II 1 14
nii
mn
tus.
3.1
2.1
30
Hlin'i
an
3 '.
C,H
Cloao
H
I
Net
ihKC
Jl T i ' Raind Transit and Tonopah Belmont Advancc-Gov.4!
i w (, t " - sr-t. T" i 1- n
ernor Passmorc, ol jrcaerai ueacrve uhiik, urges -1
Sunnort of New Issue of U. b. Lertificates ji
at, I ill J.
'13 - '4
(It '.4 if
!""" '.
mn ' "
J.Hi .
20'V.
A I (4
3
3,'.
AH
III II
no(4
I
-. ..mn.irrd "Hh
Toin iiie, .-", "-;r' .;, this week.
I.1IW Mures jestprilujl !'".". '.JSJi,. 17I
I2.IKIJ sh.iresi Minio rerlod Inst
hire"..
tiiiNDr
1 1 mu l.o'
Net
iip.
n i, & v.
Dlslll S-'ctir .
ICrle
do 1st pref,
fiastoti'WiiiH.
Hen VAfe Co.
(en Motors .
Goodrich II I-'.
(it North nref.
(it No Ore suhs 3H
Inspliatloii Cop 1.1
In' Met- Murltip 3H
do pief . . . nnn
Inter Paper 32:vi
lilt illlcKnl
. a I lis
137
. ison
i:i
I (4
' Ke:ine Copper. 33
Absence of Voting- Power Leaves Aetna Without I f'vHnVv: Vl
nnmnnil Oil l nr.lro Ai'n HnSnl Minnc Max Mot 1st pf (ln'4
UV.11UU1U vil KJ.jK.io ix.u vuiui, lulling
ODD LOTS
A SPECIALTY
(Anjlhlnic under 100 lnirc.)
RAILROAD STOCKS
At prpsent prlc-s should nut tip
OTerlnoKr.l
COPPER STOCKS
EQUIPMENT STOCKS
-Are alo worthy of special notice
oend lor our boohtet on the
PARTIAL
PAYMENT
PLAN
HUGHES & D1ER
I Members I'liiia. morn kxciiiiiirp
1435 Wnlnut Street
Irregular Submarine Steady
New York. March 1.1.
There was a steady tone generally to the trading on the llroad Street
Curb, but changes In prices were to lower tlgurei.
The absence of dvinand for voting power left Aetna without special
demand and u few hales wero made at Sa4 and 8'i. Curllss was a weak
feature, dropping I point to aci, with tho preferred selling at "0 lo C.".
Wright-Martin showed a wavering tendency with trading at S',1 to 7'i.
Chevrolet dropped 3 points to 118. but later recovered part of this
loss, while I'nltcd Motor was strong, advancing from 1!"U to "S',4.
Oil stocks were (piict, with Oklahoma selling at n'i,, Merrltt at I9',i,
Klk Hasln at 7, .Midwest at 1V3 lo 10S, and Sapulpa at S to S'i.
Mining stocks were Iriegular. United Verdo dropped 1(4 to .19.
Nixon-Nevada and Washoe Copper were both In good demand. His
1-edgo was selling at l-'i.
Submarine was sternly, with sales at 12?4, United Steamship sold at .',.
Me IVtiot. . . 1)7'
Miami Con Cop 3(1
M S P & SSt .11 on
Mblvalp SIpi-I . Ili
Missouri l'.ic . 'i3(M
I Mont 1'owvr.. (I7')i
; Xuf liiiaiii ( St IH
Ne York Cent 73
X V X II . II. 20
Norf K West.
Nor Pile . . .
Nova S.otla St I :i
7
llU'.i
IT4
2(1
a l 'Ik
133
133 n
13
01
3H(i
14
2H(4
07
32
20
:il
10(1,
111'.,
(10(4
till', 4
so in
on
4l"-i
23
C7"i
IH
72
:n
Kite, nun
HO', HO
t (1
I
IMIl STUI.M.
1 7 t.l
H',4
3
3(4
Inverlments in Oil Stocks
On It ths locks of nrnvrti nil iirnt-l:irrt.
honottly Tnaiwct, Hbtv ruihJnctcrt. and
t' "Its. UI(l'4TIIn ITtUIOII'i nnuuiij UI
, chosen for lrivcstn)nts ut this tlm.
Barnett Oil & Gas Co.
dend payln
. .. Dividend rat 24C
"Dtly actWe nmrkpt Now York Curb,
wo do not Lhnreo broloniKa on Harnett.
f '
Tor deta.tcil Intormnltm
K.M..
f one of tho leadlns Independent (dlvl-
Ins on comianica.
Morion R. Alcxar.dcr
i Philadelphia Stock Exchange Bid?.
f William St.. N. Y. t ltv
CI.. w - P . . n
&4A?"t5''tti':.I i t haiai rlonltriml tlirt II.htM it u I "lit mr
Kw-rioT,'PoW'n-. nii moot ?TIc!'iit inotur for
BvVlWI lrpUns. Neil niom-y to fonatruJt moJel
F.!"W'"T'0( ubmii to Jorrniti'.nt,
STOEvF ' W1MJA.MS. SI. K.
ttL . VJ: 41 ft inai '.. I. lull. ia n.ii..it..i(
r-cvn,-
3030 North IBIll M I'hlljdeliriil.s
Aetna Kxplorflvrs ..
Am-Ilrtt MTg
Am .Marconi
, Am Wilting Papir. .
I Air deduction
Vm-iill.iii Car Co . . .
C cV ."dy pref
Charcoal Iron
, Chevrolet .Motors . . .
Clamp
i Curtlvi "Aprjiplaiie . .
C.irvvea To'il
Cailiou Steel
I'uterson I'liono . . . .
Kederal O.vt
Ilemlpo Mfg
Inter-Lube
Katliodlon Hronc pf.
Lake 'I'orii lloat
Lehigh Coal Sales . . .
Lima Loco
.M a I m Munitions
Mnrllu Anna
N Y Shipbuilding
X Am. r Pap Pulp . .
Oti. Kloiatur
lVerlcss .Motor
Tool,' Kng
Ib-ililen Truck
Si-rlppH-Uooth
S S Kresge vv I
Standard Motors . . . .
, Stf'l Allo:-s
Subniariiie
St Joseph Lead
Todd Shipbuilding . .
Trl.incK- l-'lhn
I'nlteii Prolit S1i.ii
C S Stpantshlp. ......
Pnlltd Motors
I'nlted Sucar
World's Film
Wiigltt Martin Aid.
Zinc Concent
2(1
.13
H'i
ll.l
7H
3(i(4
7
H.I
an
iti
a
7H
to
in
10
id
HO
li
Yes. ,-lnso
Ask IhwIpI
hi; H(
II
3-
a
7H
IH
an
H',4
IIH
H3
37
a
oo
3'!i
imii;pi:mii;nt on, stocks
3(4
123
35!',
Houston oil ...
Merrltt oil ....
Milium (Jll ...
Met Pr-trol ....
Oltlo Kuel
Oklahoma lief .
ltlci t)i
Siipulp.! I!,f ...
Serpioj all
Sinclair
L'ltlled Wet OIL
P.I.I
. II
. 10(4
. IIIK
.
. II
(Coil.)
Vint, close
A si. ls-,1, '
Ohio lias 3H
(Kit Silver .... HI.
I livens Hot . . flu
'p.o-lllc Mail. .. ''
I I'enii It It t'
I'eo (!as & C. . It
I Plill.idPlphla Co 2t
I Pitts ft West. . 21)
I do pref . . S.1'4
, Pierce Ar pief. 0(1(4
I t'ro-s'd St I Car Cl'i
I 1'ullniHii PC. 113
ltv Stl Spring .1.1
liny Con Cop 23-
I Iteadllig HI '4
Itep Ir & Stl. . ion
Savage Arms., nn
(13
3H
1",
(in
20
11
10',
21
2H'4
.1.1 'i
117
3H - ,
ir,"i n i
jiiti n ;
ai'li ..
1311(4 n
isan aw. I
13 1
III I
2H
t.1 ' ,
2H(4 -'
1)1 's
33 '.
3D
31 si
10(4 ' '.4
(ll'i '4
mi '4 '.4
l)(4 -
.1(1(4 '-J
tin -' 1')i
1 114
2a J- '4
(17 Ti
IH
72
20 V. ..
Hit 4 1(4
Hit .j
(13 3
3H n
H',4
110
29 I
11 ..
II 2',!:
21
2o n
.1.1 1
BHIIOO lons H . . Sll',
..000 .M,11H(, SO, Is. 70
looi) .Mhts- lies Its . M'.'-
tiooo Vol VV tf a '111 .Is S'.".
I Atn Pio- Wl. .l.!23 l"i'l
llliiMi il-i u,n ' ... r.7'1
looo Mnntiinn l'.i"r .Is HS'
.".ooo X V (' II i . . KIN
l.lii'ii) N V I' Iv l' I'.mo ''Pi
2 ' ,ln tUs tn.13. . !"!',
.-.ooo ,i,i 1',,, iimi. . :niij
li.ioo N v -ivl tma p,s sn
tmoil Nor I'm., prln' Is so'.
tNHIil On Hhort I, Is... 2l,
lino ,t Imi i:. . ions.
Snooo IVnnii k-o -t Vt ' ''
M
S2,
12' l
71
1)7.411 07.42
tin.tfl on.dt (in. 11
iin.33 tni.31 tin.3H
H.l
H2L
II2'
il.
nt'4
7'.'
Hit's
:.7'i
ss,
.3'4
Hill,
70
HiUi '
H2
'.".'!'
HS'J !
Hi's
"1.
Il.l'k
!o's ,
h;i
Although the nitijiiilty of stocks
shotved an Inclhiallon to advance
sllshll in Hie early hading today, the
eliaiitjcji vvcte iilnnil eipially divided be
tween losses and gains towaril the close,
but there were virtually no Important
fltlitll:itlnt,s utwl tit. Inliil ItlrnoVpr VVI1B
i'",H ."' ,'"..l..tn ' " V "V. "
H'liolaflon given Is cblcr(I. .."-. ( comparatively small.
iioraBC nailery snowro tan iiumhhi-
luin arter the Hrt hour nnn mniio n
gain of " lo Ifi"!, and Ihipld Transit!
trust crrtiric.itc.s. on is little more
netlvlty Hum recently, were fractionally
higher. Tonopah llehnont, following
(he publication of the Initial earnings
.tateuiPiit, became quite nctlvo and ad
vanced u trllle to a. but Tonopah
Mining was lower. Cambria Iron was
up a quarter on an odd lot tratisacllon.
Other local share changes were gen
erally to lower levels. Lake Superior,
I.Phlgb Navigation and Philadelphia
Llectrlo lrldril trifling amounts and
I'lilted (las Improvement was un
changed, liallroad.s weic Imgular, Heading
being higher at 81 (J, while Pennsyl
vania sagged back to as low as IIH,
and I.phlgh Valley yielded a quarter.
Steel common was Inactive through
out tho day and advanced In the lifter.
the Treasury In Ills telegram untcri t-.v 1
ru.sry C. 10IS, to the tffect that oti il
afldo inch week from vour InnB.viStf
funds, an aniMint rqlidl to 1 i,cr "1
of .vour total resources for Invert?
In these Issiiph In niitlcliatlon of ik.6
third Liberty Loan, until 0ur Kubin-itui
Hon has reached u total of 10 per p.1.4
Consequently II
u o .,::-'."(
19
13
lull
t'luHP
19 1
13
1110
10(1(1 Allier (I
a i-:i .is lo
aim Ul I'eo
Tr I--.. .3
I (inn Lib Val
ci r.n hid
H0O Lib Itoncls ..., .,
3'-s... 07..10 111.30 07..J0
(1H.10 if,) t... UII.IO 0.1.H0 0...IO t
(moil I'hlla I'.lic
1st 5s. !.'!
HOOO Heading
geu Is H3(4
20IKI U'n Itvvy
Inv ts .1.1
exneetpil th. .."!
ehall subscribe lo each Issue of r.Hia ?
......... .. in.i.i.i..i, ul erlll.i
I V ""","'""1"". "nnoiinecmentof.
which In made approximately evtry is
weeks. In an amount equal lo ' Z,(
cent or sour torai r.-goin-,,,,., r "m
"While most of the banks hi tills did
tilct have subscribed gcneroul .S?
.10
.10
1)3
H3(4
1)3
H3(4
.1.1
Tasl.ll s.ile.. Si0.fl.10. a f.nilrsMl vvllh ;
200 f.rnl.ll thus fur 1hl',PPK' '""'
sump mrlml lat week. MU.I.'O.
Local Bid and Asked
their full share, quite a iiumlwr rural
failed to comply with the request of ill",
Treasury I'cpartincut. In eonscqupm-. 3
w lile.li our subf'crlillons have fjiii
quite shott of our Hllotnientn. i !,5
antnuiicpd from Wnshlnizton iimi i .J..1
issue of February 27. closed last wmvVJ
l! ll.l was the only 'Federal l(...... ..r'Jl
trlct In the country In which the li3i
ItHMlt mn tint rivnrwit11-s..t,..i n Vfl
nlir ImnUliii? Insl lttiri.t..j ,i .' . . Yl
... ..n " ..lull.! nil 11(11 1tltaaaala
o bo less loyal and patriotic In thtatn!!
4
port of tho lluanclal program of iM
nalhm In Its hour of need
it u is iiccchsaiy lor sou to bnrr.9
or nom ni,iir ibnnli.. iir
from us
1000 l'l-nilil I o 4 1
1000 iln l,s 1021
l.-.non ivi.. m ir.iiipti
looo ip-munic R.n I' . .
300(1 rilnrhiir 7..
liniiii ilo wnr 7s. ..
r.ono St I, s I' sjt
l.iniin do Sr A... .
:ioon a,, Hr II . . .
20110 HPKhril A I. s.ll r,
l-.-ci'o Sooth I'.n- iv Is
11,00 ll.l 4-V .IS . . .
Iiaioo ii,i rfd la
WIS
(IS
s si
. S3
. sn
. 01
. mi's
. r.si.
. 71
s :.n.
.7TN
.. 7s's
lis South llwy K'li Is no's
loon do on .is .... 02
7eoo Trxiis lo Us .... 0'i
loon Tot ft I. ft VV la .HI
pionu 11 S K'lhtiT -is. . 7s
2IIIHI f H llulilior P.s.. .llio
I'iimo - H Strt H f .is.. !"',
Vino Ciilnn I'm' I"' I". Hil"
"li, hi Cnlon 1'ir Pl'l -Is. .s
42000 f K I) 11 S I ."-s. 0".
Jiinno an r,,;.s 'to . . ("'''i
a'jnnii do ".'., '" '10 I""",
L"J1llno ,l,i .IV, s '21 .... "';
tnnn 'n i'nr I'hni lis. . I".
limn s Itiws r.s no
irion uvt ?hl Is Is.. '"'
looo i.i s'-om Is . . ''
llino VV'sl t'lilnn .Is. . 03
sn'j vn'i
V2 S3' ,
ino", loo',
sdS KIi,
Oil's inila
lis US
M HI
V3 3
KI Hil
no', in
lll'.'i .1111',
7',". ,f.
7'? V
113 03
7H". 7
.;o, tn
ot'j 02
ti:i ti'i
r.'i .""
77'. 7S
loo inn
its', :s'i
si',', .il'.,
7S 7H'.
tin ', tisli.
(HIV, 1'H-s
is'. Jisl .
W'.'l. !"!
mi en
en
r.'i'
Aiiit stores .
Drill J (I
nun k sua, i i , .
in ni.r ... .
Illililu'l'l Lino . .
Ill'ilrli- snoHa, .
i.Jcli'-riil Asplmlt .
.lo nn-r
Krystunr 'll'i ....
In ir .lis
I.iikp Sup Corp. . .
I.ehlRli N.iv
l.,hli!h Vnllm . .
I.plillth Valley Tr
ilu pr,'f
tVniiH It P.
I hlli. i:i,itrl, ..
I'hll.i Co
In 3 a e pr.f .
ilo n n . prrf. .
P It T ir tlfn ...
It.-llillll2
Toliopuh 11-1
'rnnuptili .Mln ...
I'nlon 'I'ruttloii .
V I! I
I' S Slel
Vorll ttwy
lo tirrf
IV Cramp &
I o-l i
III, I
Si's
til
17
70
Yi-st.-nt.iy
I lid Afl.
I'.l
lll'l
Ml
is
7.1',
in's
Id's
.11
0
ns
ir., hi
ill's t"i
ill '.j 112 'n
11.
37
IP. IV.
2.1',. 2.V.
21 2'l
21 2H
an an's
Jil' I 211' J
Ml'. HI
a'" :! '
3, '4 .
Ill', II
lis lls'i
no'i in
(,'i to
.'It's 32's
711 S3
2t's
III '
t'l'l
r,o
H
.111
ir,',
ill's
10
37
1.1
2.1',.
21
21
an
.ii'i
Hi".
3,V
3,,
411
as
mi'.
n'j
:H-i
2l
is
in
pi's
m
,11'
11
iu'i
ill'.
H2'i
2.1S
j'l
3S"
3U'd
2H'
snN
a'.
a's
11
is',
in
in
.T."k
H3
I noon following a ilecline eaily In the "rder lo rulicrllie tu cerftni'alfs, j, ,
'ixssloii, but elusit unchanged hesitate to do mi, for .vour stibserlDtletr!
I.lli.rty Loan Is made up the bulk of " nceneii 10 iirmc th total of this nZl
Mlie board business, and both that Ismic ' H'"'! "P ' Us allotimiit Liberal ui"a
lino no- .i',i;s were mm. ""i""i'f 10 .vnuieains 01 uidebledniMn7J'
tit tills time win dlstrlbdto and aniirf.ii
iiovrrn.tr 'Il P. Passinore. of Dm 1.V1I
eral llsserve Hank, today sent announce. I l,at" l" ,llllt ,Menl
ment to mcniber banks of the new- $.100,
non.onn certificate or Indebtedness Issue,
dated March 20 and due Juno 18, and
accompanying It he sent a letter urging
a leady rcs-iioni-e of the banks of the
Philadelphia ItPt-ervn District.
Tito appeal follows:
"With the accompanying announce
ment of another Issue of ecrtlllcates of
Indebtedness, we beg to remind you of
the recent request of the Secretary if
the (onilnc ih.i1
FAVOKS COI'I'Elt COMPANY
Jersey Court Decides Concern May
File Certificate of Dissolution
Liberty Loan nnd will greatly ..' i.ill
.....l .. lit ,1?,,.. it... i.. .. . . 's.sea
in,,,,, ,,h 1." iiuiiiLiun ,11,. pronounced attc-4
cess vvo all hopo for It Therefore. b.'3
mlt Us to urgo upon you the neceviilhr'3'
.,, ...,, ..,.. ..... .,,,, ,,, ,,, matters!,
"Wc believe a. realizing ssnso of if?3
Importance of tho O'overnnient nnanclrirfi
and a convincing appreciation of piirr
responsibility In connection there Ith!;
win prooqii j, in 10 mai.e an early anad
iuu response 10 tins appeal." ta
.. . . . tja
ItKSTKICT IJANK COMPETITIOM'H
Ohtaininpr Demand Deposits by In?
creased Hates Discouraged
Un.lilncluii. .Mute. 1 13. The kltiavwl
INACTIVH P1I1I.A. STOCKS
Trenlnii. X. ,l Maich 13. The de-,
vision of the Supremo Court In allowing ment of (iovernor W. P. (I Harnlnf. o( 1
tne Old nonunion Copper Mining and 1 ' " penpr.ii iwrrv noa'u. itinnernci
113
rninp ire.l
I. nil
.- .... vt-IS AIU1
inni .air. .. n, ....".. - ., , .. ,
x. 74 man samp pprlnil Iat '"""
HO.GO'i.OOO.
MONKY-LBNDING RATES
New lorU-Money on clll ruled all
di'V at 0 per cent -
Time mono' vvn ur.ehaiiBed. be pif.
v ailing tvel for nil maturities being a
(; per cent Interest r'te, with very few
transactions recorded. Some renewals
-.'.ere made at around r, per i e lit, niid 11
few- new loans made nt that quoianoo.
' . .. .. 1 ,iivn 1 Cm.),.,, in..... s- , the movinient to re tr'e; Cip eonin.ift'An4
H.o'cKys.'S r'pidMPhia-suicu'i;;,, writ; rr,r:iix:: ,ra
Lxchange and In whtel, thero wen. I g, j,,, city, to file a lerlinea.e of dls- X IV.o ,rw"tankj Inuw'WSfi
transactions today, llio prlto given " r0lutlon hi the outre of Secretary of Ruenc. with banks to dlscouraee iVii
the thst oreMOtli cloo
..... ...... 11'. 1..1. Vnl Tr of. 271
Ampp 1t-y pf.. 73 I. Nnv 2d rt Pt 'l'
Am.r Slurps.
Alllanc Insur.. 10
Atn.r Mill 10
A. iter ny .... an
Atn.r ritoris pf H2
Drill .1 (1 '.3
Hurt ft .4 t - . . c.2
Iiutf K. Suso pf. Is
CatawlH.a 1st pf 32.
Con Trnc N'J.. i'.'.-i
:K-n Afphalt pf M1
nr fc- 11 i jo
X . . 1 i
Se.ir.H-Itoibuck 111(4 II
m
1.1
1 or,
loo
1
IH
t.l
10!)
H'i
in
Sloss-Sheff
I Sli'clalr oil
I South 1'ae . . . .
. Southern U II.
I flu pref
I StudebHkrr . .
I 'iVnn Coi &. c.
TeaH t'o . .
Tobacco Prod.
1 Pnlon Paclllc.
I Pulled Cr;r Sin
,1.1V
33
H7
34(4
CI
in a;
Kt (4
14')',
noli,
122
HO li
nc.(4 onto
01 '4 01 V4 '4 . tew- new- mans ''".', "'" ,-, .,, ,. V. V
IMI H3 1 (4 ! . I ne lone ",''""' V". . ,V, v . Ins Co nf X A . 2.1
.11 1 However, iuu i.iy " ""'".' ..- t;,j.,ton. iri..i s'i
38 ' was soiree. , , iv-nunm Tel nf .17..
snai a, .iceetuanro iiusiness ..s n... kwti Is
-n ' virtually no change In rates from those , Lu Bros
no 1 obtaining th" last several xia.vs.
'J".', I I IMIIf.AIi:i.l-lll- Call. r. per eent;i PUAPp RECOVERY
-I" ,. .1..,.. -.a: ... 1; i..,r ..nt. (Toniinerc al pa- Onrtftr nuv;uvui
l.,-7M .,,,,., v ,,.-,' . ---- w ,. . . , .
nom pp-t three to tour mounts, iy u per i-cus ,
six inontlis, i per cent.
.11
2.1
H0
1R(4
on
l..h Nav wr wl .!
I.ltllp Mehulkiii..;i
viin. hill t
Xorth nt ....
Veniiti Salt ... ,
1 It T -
Venn Train- . . '
I'hIU Co pref.. -s
Phil ( o em P' 2.2
Ptilla Trae J
llwy (!o (ten...
Pnlon Tract ;-'",
1! S Steel if..l0J'i
Warwlrt, Iron.. H',.
VV'esi Ciinl . .. '.'
West .1 It Se.sh 1.1
7'i Mill Cramp . -. Hi
20i,4 York nwy praf. 52
.11 '14
33 Vs
snn
sin
nny,
ti ',4
mn
no
40
21(4
00
lll't. -I
I (I Vi .
30
3(4
3
I
an
H'J
.1(1
HO
13
III
17
(ill
1.1
1.1
MI.MNCi .STOCKS
li
l!'4 13(4
1.1 '4 KI
71 IH
li
.1
27 27
30 3.1
I
niBKCTIirtV OP Ari'llllXTAMS
Certlll.d Piihlle Aiionntanls
M'ANDAItll Oil.
1 Illinois
, Ohio
Pialrlc Pipe
18.1
.330
.20.1
1:111
33.1
Alaska Standard
Atlanta
Illg Lo-Jko
Untie New York
Con Arizona
I t"nl & Jeionie
1 :111111a Cons
First National
CohltlHl.l Merger . . .
Idoldtleld Cons
lioldtloil Florence .
.iloldtield Kewanas ..,
iSrceu Monster
Hccl.i Mining
'. I Howe Sound
, liulipendeiiee Lead .
.Icroinc Veld"
I.II111 I'.utltr
1 1 14 ijundio KxtPiuioii ...
li a 1 ,ociIIIll-.v 1 '.irruun
.iliiKiiui .iiier
I Mother Lode
' Minis Co of Amcr . .
I Nevada 1 1 Pis
.Nevada Vlonoer . . . .
INiplsslug
1 Ohio Copper
P.ay Hercules
ran niy
tew ai t
Tnnopah MxIciihIoii.
Illlled Velde
I West K111I 1 'on
VV tills. ll.'IKS
While Caps
Ycrlligtuti
13
C
.1
10
I '4
It's
1
. 3
113
II
.1 1
tin
3d
1
si
1
H',4
n
1
13
"l",,
38
8!)
I.-
1
1
Stand Oil Cal..
Stand Oil N J.
. .330.
. .300
331)
.r,3.i.
20.1
.AIVIIKNCK K HltllVV.M It l-ll
,,r -i..".t miK 11,-iT. i'stith riiiT.j-T' ill . ..
Pri.if-S'JX.VEMTlllATK aV At).IU8T I'AUT.NKltSIIIP Stand Oil N V.
.f1' r, ..- .. .. . I IMI1.II..- LI. ." I '" C""""'
i laT4m r urunio Jt iiBimiil, V, I t 4,
1 inn Atiiii rivui. ikLdi luiaic iiusi 11 n?
g.H. Audita.. Tax reports.
-V.srsva
L -1 .IV,-
S-'l&Hfer
' 'i.m.i
UCntl. AnVKBTISKlir.NT.S
Harnett Oil & tins..
I Cordon & '
! PIk Pasln
Federal oil
Intrr Petrol
1
11
3
13
3(4
i.in
.133.
303
KI
H
I '4
I'i
(i
'li
(i'l
Hi
.13
III
38
1
1,1
l'
8
IS
Mi
1.1
7-33
U
.10
.13
3
II
1(4
13-32
Cnlt.it Fruit .1
17 S hid Alio. .130
IT S 1 lubber -1-1 '.
C S Sin fc Uef 4.1
I' S Steel .... 91
do pref II"
Ptah 1'iippe." . HO
Wabash H
do pref A . . 43
Wist Pnlon Tel 03
West Mfg I "i
Woolworth .112
Wlllyu Overbid. 1H
131 131
HI
127
120
3 1 14
4.1
tin 14
100
70
H
12
01
in
113
IH",
',.
1 14
IN COTTON MARKET
State Martin, has been confirmed by
the Court of Lrrors here. The
Secretary of Slate claimed that the
company was not entitled to 111" a certifi
cate of dissolution because certain taxes
land assessments levied against the com
pany for 1317 bad not been paid.
The Errors Court hfJidi that when
the company attempted to file u disso
lution the thho for assessing the con
cern bad not arrived and therefore
there was no legal existing lax obliga
tion. All previous laxea bad been paid,
the Lrrors Court holds and the Secre
tary of State tliould permit the Minis
of tho concern's cerllllcato of dlsfolu
Hon. j
Granulated Sugar Unchanged j
New York, March 13. lieflned sugar I
nractlci lirndtnz net n hv Hie New Ynrtilf
Clearing House Assoc atlon. to restrietlS
higher Interest rates wlilc'i have, dra tall
lll..o uiwin uiei.'. Eti
P.eMills will he harmful both In r.i.Jl
t'onal financing and to the banking bH-'ll
uess. iiov.-i'iior u.iro ng said, tiniesa tMJ
tendency to lure new clucking accovsh
by betlei rales is hiiintillatcly tltal-1
uated. m
. . .. . . .. ... . . ai
.inoii er siri ia. 1 nv 1 ne i-erierm it...
serve Hoard vuis the calling of a eonfir.V
ern" of (!overno-s of Federal n8e"Y
banks here March 22 10 discuss Interutt''
luiteii pans for the th'id Liberty UoanS
and other questions
I
1
H.l
127
12014,
.-.Hi 1
1,1
01 -r
tno . .
H(l
8
12 n
OS 1 1 j
1 1 Vt
113
I Mi . .
LONDON' Money on call Is un- , - c..,,.-. Cnnnic-L
1 hanged today at 2'i per cent. TlieiKelcUSC of SeVCll bpaillhil
rate of discount In the open ntarnei 101
sliort Rnd three months bills Is 3 0-10
per cent, unchanged.
Steamers by War Trade
Board Brings Reaction
Is unchanged, all local refiners quoting I en
at 7.4.H'. Tne Federal 1 ompany con.
Unties withdrawn, being a week to ten
days oversold. The National Company
Is r.ot accepting any business today.
Cuban ravv'H aro unchanged at C.OOoc.
duty paid.
Lorillard to Double Com won Sloek'X
cw York, March 13 -At a specials
meeting of stockholders of the Lorillard.
Tobacco Company. It was voted tjl
double the authorized common shire;.
ipllnl. It Is not the Intention to lastef
morn than 20 per cent of this new stock
which will bo dlstrlhuted to stockholders 4
In the form of special stock dlvM.nd.4
This spe.lal dividend will be In lU-u
ot inn usual extra casn dividend mi.y
triiiutcu at tins lime.
loliil .nips, 23.1.000 slurps, poiiiiiared rii..tl.s
.'. '.'I!.. ,...,. A. .... .n.l.rt.llt Hills ftir tit. ltnalni.
":VL'o-;i"too"i. iresi same period last week. , n,. v..rj.
Reserve Banks' Discount Rates
Ofliclal dlFcotint rates at the twelve'
Ftdeial Ilei-crvo Hanks were as follows: !
(The first column gives the rates for 1
all perlods-'up lo and Including the llf- .
teen-oay inaiuriiy. ine scconu 101- 11 pe
riod of sixteen to ninety das. The
third nnd fourtli columns give the ralc3
for rediscounts of collateral loans se
cured by Oovcrriiiicnt bonds or notes.)
l-uni 1 pr.p.-r iiov 1 psp.r
mi
13
l'liltuH.tnlilu
-H'th Str"l. 2'd . Hpth Pt.'l I'ln.'anil
pr, 1", . no n prr i.-i;iii ir mono
Int 1 orp. 00 1 Atinis
Il'llli-.tso
St I.niiis
, INACTIVE NEW YORK STOCKS I liv ;
IMilV-llU ll.lllito
.111 rrsiiiiiscn
1 r.ni.ino uluire?.
1 !. riivtit. ml -
I 11. 2'v . do ' l r !'"'.. v'
or. 2. Auier
iv,nr,uinc are qtlotatlotts for inacth
bellowing a 1
' New 1"' "-":., inHuv Tt,. orl
..n ir 111. I" ii-' .".. . .. ,....,,.
4
a'i
HI to (10
Uas 1"
c'
e,
4'iSi.l
I', i'S
"
';
P.
in
a'.J
11 ti
a'i
Pi;
I:!
1
COTTON lir.I.T MUlTIIKIt CONDITIONS
New York, .llnrrli 13. l.hp rollavsluE
lempernturps wero re.orded In the cotton
hell this ninrnhifct .,. , .
Jacksonville. .101 Tampa, IVIInllntlon.
Kiisniiniih. harlrston anil Atlantis. 3l
Knniilllc. Oil Mills Bo.k. Sn Antonio.
Vlrkslnirir. llaron Mlid llonlnomerv. Ofli
AiiKiista. IVnsorola. t'oppns thrlti.
Mireieport anil (ialieston. OHi New Orleans
anil Okl.iliomn. 70i I'ort Smllh, 73l Jlfin.
Thrrp'was .08 Imh of prrih'lliitlo" at
Allaelai .11 Inch at New Orlrans, iiml
.21 bull .it linowlllp,
Brown Brothers & Co.
w
Fovtrrn and Chtstiwt Street.x
I'liiiiinm.i'iiiA
. . , were
clvni 1"
1 Ailvawe P.uni
H Adv limn 1'f-
li l Alai 11U..M-;
Hie last previous tale:
p. ,at Aim . . . 20
jo's N'ut lilseult . a,';
r,o Nat lllaeull nf 1 10
ai 1 on is. l ui ir.-,
V'lt I'll; k !lllt .1"
Nut ('II. s nf. 1111114
Nat Ihi St ,f PS
N'-it I, .a. 1 ... ,-..','.
SVv.nla Corp . . IS',
',' 1 Tev & .Vlix 30
N It il M :.l nf. .mu
1S l" . ' . i-ii.in i
1 1,4 Am Ac;l '. ''" 107
j;. ' V?Z m"U i'i: iv.
Am l;J'I.ont'li'n N"rf foutli.. 21".
Al" S'O'IJ 11 " M'-th Am-r'-i. I".,
Am SnTnhaPis."H " Y "at A IV.. 21
Hoar TODeini". '.. iiv.1,, al .
ESTATK OK HANNAH I.ONOMTKKTII
eini,'Tt:n. .l...n..,i .,,
t ,' a a as, S as assiP v thai IIja s.h,.Ia fcw.s lh t. ...
iff. SXrnt In TDK I'KOVIDKNT l.ll-l! ivn
"n?W8T COMPANY OP I'llll.ADHI.rillA.
r?jquMted to maks i)tkiiifnt, Hiid thoi Imv
4MarclalmH lo lrBctit I tin tain wlfhrmi
?4eiy. t Urn ndlri of n&I'I Company, lo'j '
.. Prldt,
EHTATK til' i:i.l-I(N(m R smi
rirrantNl laspttrr trataintirarv nn
i above tie having bpri crantrd tr th
fca .. it "
1 .i-rtr
r tiEES-
E. jpr
'; '. 1
. - L iff:
. J.TTin
i
DIVIDENDS DECLAHED
fnltpd Htioo Mai hln.ry Company, rrsul.ir
nuirtorly of llfty nt on common ni"l
thlrt.-sfien and one-half enls on lrprirreil.
iMinI'li- April .1 lo aiiKk of reennl Marili in.
t'nlt.il Htalea IndJSIrlsl Alcohol Company,
resular iuarlrly ot 1". per rnt ..a pre
f.rrsd. iaable April 13 to atoil. of reiord
March 30. , ,
franklin Trust Company, regular B'inl
annual of 3 per rent, pajable April . lo
aterk of re.vird March 10.
liosiou, nepr iieiivn ami ..3,1,1 ;"'".-"--:.
Rclhlehcm So 117 07:.'i
Cosden l)il (is XI) k:i
Cosileil A Co lis 8(1 83
Clldahy r.s 91 !I7
llti'slan Covt .ri',as... 37 :i:i
Itiisslan tiovt 6is. . . II 13'
Southern llwy 3s . . . Ofi'i 11T4
Sinclair oil fa 8(1 83
Todd Hltlpliulldlng lis. 08 99
LOCAL MINING STOCKS
TONOPAH STOCKS
Put
(II
KOUEIfiN EXCHANGE
New York. March 13. During the
C.11I.V trading today pesetas were tin.
usuallv itrong. l.lre were Arm. Other
wise the mill kit was featureless.
Ouotatlons were:
lirmand sterling t.iil'i. cables 1.7fii's.
Slxtv-dav bills were nominally uuntcd
at 1,72 and nluety-d.-ty bllla at 4.70.
I'Vauc cheeks 3 72T cables r,.71 ?.
l.lrn checks R 27. cables 8.23.
C.ullder checks IIs',. cables 43 1J.
Swlj-s clieci.s i.is, eaincs i.in.
New York. March 13.
There was a sharp iccnvcry In the
.ottou market today, following the pub
Ikatlon of dispatchea fiom Washington
1 of the relcsse by tho War Trado lioar.i
of revtn t-'panjsli steamcr.s carrying j
I supplies of phosphate rock and cotton, j
Tho upturn was preceded by a rrac- 1
1 Hon after a bteaily lone in 111c ion
noon. Sentiment In some form from
I bullish quarters then appeared to have
1 swung over to the bear side.
' The change ot stand teemed to have
been duo largely to Increasingly bearish
I ibtitllbtli"! and the powlblllty that the
1 attractive prices at which low- grades
were offering In the South would result
I in the overcoming of shipping and stor
age facilities ami llio tenucring ui con-
Securities and Income
We take .charge of securities and collect incomes crediting
an account subject to check or remitting amounts!
collected.
" Vr.i nf n W ""hi 'ma um., in 1 I'?t'ui9 tin., iw --i.w v -.i.rai r .111". 4i(lrTHlM" l'uil'u " wnn m.v.
" Z i"M'i fl'tu' p5iV;i' Ti-'i0' -'.'i'.' ' l!,1,llc.s ,,lfcVB ," ,,',!1,1.',cs 'i3, .. Liverpool and New Orleans fiirnlshed
:rj T Jl T 2d I'! i'?.1:' KIl '?'.' ' Stoehhollll checks 3lai, cables S2. ' ''..., ',..,, ,i, hnvl- ..ewer. There
I ,emi OH. ... ;'.', " p nrv cm N J los'i ' In tho afternoon tho buying move
;;., I It'h'K'ii nrei .- ... f.r,...vriviv ..II ItAN'K CLEANINGS 1 ,.rrir,l eri.-es 10 a net advanec of
J itVpf.
I RnrrpO V"
r.eth MPPl
ff& n ..l.ffl
o-'li
S2
til's
.Inn Pull, 1 . .
.VTi'Namara
Midway
Mizpah KU.
Montana ....
I N'orlli Star..
liescil-- r.iiia.
Weal i;ml...
.13
.'IH
.Oil
.10
Aslod
.1:11
.1.1
.10
.07
1 1
rtT.vv. i ..5
' ,',e,.r0,l f" I-
t'bSMn;
Ptllv .'..-.I nr.r si
Pltls A IVeat pf I17T.
I'rss.l Stl Cur pf li!),
ttenrtlna: let pf a",
ft.-adlnt; 2.1 i,f 37
n.n I ( nref "-",
Ilns Hutch .. 7S'i
HI I. I .. i-ji,
SI I, t. s VV. ., ;'S
St I, H S VV. . 20
l-n't t'nrs. (0,
,.... rmi, pf.iin
.ahr,i A 1... . R
"ssril A 1. pf i
ODD LOTS
SPECIALISTS IN
BABY BONDS
CONSERVATIVE CURB SECURITIES
l'or Caali, Conservative Margin or Partial Paynienta.
Direct Private Wiles to the Kloor. Prompt Executions.
WINSLOW TAYLOR & COMPANY
Mrmliers rnnsolldalr.1 ftoik Dielunicp of Nnv York'
436 WIDENER BUILDING
PHILADELPHIA
Walnut GS86 Walnut C587
Hani. elPariuss today iiiinnared Willi cor-
...miilliisr 1l.1v last twi ..ar:
1H18 11117 IfiHI
IS to 2S ptlnts. new crops leaning uic'IMH
ilM! Ilaily sellers covcreo" on 1110 rauy
si Roi.ima.liil ! and' one of ibo largest spot llrms bought gilllliliiniU'lll
v t-t ?ini Trt-s Kt r. ti r.r.rs.is
1 in '''' -.,: ,;: ;...,-,., . n, n m ,n,. ,, ,.i.
Phllfj . 5.11,'t".! l" lll, IM.alll'l lIIOil,.iFo 1M1IIV.M. ' Cj
lUiWon . Ci mi rtht is.n'iT.iri." ::..smi.:..v ; mi( vobv w;h steady ut not advance
s4! I.UUl .', !." I .'1,'M'MH
!:Li::nii,:iii:Lii-i!,;iiiiMii:t luri.iirtjriiiiiiiiiiiiiiiri'ii'inii.iihKinMciiiitHiiUririiiiiiiiuuiiiinrjiJ'iEJMfiiiiJiiirJiafiu;!'!;;:
V
drsimed. all persona Ind.bttd to ths aald . ..iufnr ouartprly of II .10, paalil April
Hats, are requpatpd to rnako pament. snJ 1 , slwk nl reiord March IS.
me haling claln.a to nrea.nt. ths una, ' pitiaburrli. IlessemiT and 1-al.P I'.rle Hall-
road Company, resular irmtannual of l's
pnr cent on eommon, payablo April I to
atoek of record March 15. .,.
., u ,.... . , -..ii,,. ,iv r.titnr rmartrlV
of I'i P'r cnt on preferr'd, tiasalile April
1 In atorlt of rptonl March in.
no Motor Car Company, regular quar
terly of 2l per eni on romin, 1
Anrll I to atnrk of record March 1...
'........ shlrl l'nmn.111' recular
.,1.1111...... .-,-..-;--.,., - ,..,1, 1
rly or 11,10 00 pr.irnc,,. ,,.... .,,.... .
1 stork of record March 21. 1
hout delay. t Ih" onica of the corpora- .... .C..ik ..n,ur ..nit.nuual of
wu,"iAlVHlV LlVS,W,aa',phU,IP''r i-rnt on eomrrion. nayablo April 1 to
l-rnQVIIJBNT I.IK'i? ANl) TnesT COM- , ,,'l J1' ,.r:"r.'l fj"?..?.5, 5l., ..uarterly
. iiiiur iisr I'tin.i iitci mill rsi a. -v 1 raa)i ! s- . . -.
It ASA 8. WINU,
i,w !"" ".-;.'' .V'-" ."... i.i
i,. (.rty ttr j ier fin on com. nnn, i-ukk'
fUNDS FOK BOND COUPONS
burgh Railways Give Notice of. Kntoni cioak nd sutt company
?' r-ii. ti i. r ilar ny-riny oi !.-: ' '",'u"",.,',
r $f avcpuan, yi i me rust ivioncy
reu
payable
lr MW-' '. 1- f .x.f.l Anrll A
Anrll ! IO SIIHK rusJ a-..s. ...
Naw.iora.nj. ...-.-.".- --
Atlanta
Illtle Hull
Heaith
lllamondlleld II II...
I ,'. lay
Kewanaa
I in)
Sandstorm Kendall.
Hllvcr Pick
iot.ririni.ri stocks
II
. .ui ill W .
1.1 JS .-. .Vr
,;.L'!M"sA',in . IK". W'Hlt'ielf-Arl . 1
on, coi t i'i V1 i..r
Ml -el Ko S.I P' ;;
79j , P.,r I ir J!'.
i-inn .an --
Hand MIUliic.. nil
Stand Mill nf.. V.l'l
Stud.h-'k.r or., nl
Stnu Xrotor . . . AM,
Open
ICl.lll
ai.ilo
31.1.1
3il.ll
.".l.tl.l
lllstl
3.' 3U
31. SO
31.C I
3i 1.3.1
tin. la
Low
3.1. on
31.11
31.10
2:1. SI
2P.70
CIOS p
32.3(1 H
3l.su b.
3l-2 I k
W... fall .... 7 ' "'' 'tTI isi PI 1"!
,-. .r:iV intV'aVV 1T.H. ?"H. bo ret... Ill
.03
,01
.02
.117
.111
.01
.05
SU nf St",
Co PI. I'.va
rri , r-riinlhl.
... 1 . r
.03 Ilrt roll., '-iltson. 12J, .
of H'a3l points.
,NKV YOKK HLTTKIt AND EC.CS !
New lork. M(Ml 13 - lUITTlIP. Ite- ! Vturih . .
. 1. ints. H3K.1 tuha. Market w.ak. Utah May . ...
s.-nVe 17SJ47'.ic; extra. Itl'-jc; llrsts. IS'.i July ...
is Hi's e. 'swuiber
1 KililH llppplpta. in.sai ea's.s, Market 1 Dp.-enib.r
strong. I'.Mrss. tn,-i eiira llrsta. aula e: I Hint
It.sts. .tne: secenns iii's "1 as'je; wnue, .,ii -
'e'17i: brown, tosi IK: mixed, utiUoD'sc. '
1 Cotton Huycrs and Sellers
Watson Co. Pays 4 Per Cent hxlra . Xrw iri,. Jlnrcb 13. March Hart-
Yesler.la'
nose
32.1.1
31.111
31.1.1
311. ml
, 2H.SI
33 2.1
30.3
:w.is
33. 1 &
MISCULLANUOUS
Artz.lna I'nlled
Nevada IV'onder
Tccopa Mlnlnir.
.1.1
fal bondholders have) received no-
liiat the l'lttsburgh tlallwava Com.
has denoalted funds vvltl. th in,..
"for the coupons that were In de-
a on ine various -issues of ponds, ex
kth I. 801,000 United Traction Com-
r, or ruisDurgii oonns ana the cou
1 will bo P.ihl on Drrsentatlon.
w bondholders' Droteetlve ennimlt. I r.r.Tl ! itVn in m atock of record Mareli 30
Kot which Thomas 8. Oales Is chair? . Htandard Safe Ipo'lt Company, f.
I ...n, nn pfimmnn. horn nayaD o .Marcn
80 to atiwk of reeord March 1.1.
Air Induction Company, regular qiiar erlv
of II a share on common, payable April Irj
?.. Vioek of record March . 30. and usual
;,,.ripr1 on preferred of 1 per cent, pay.
In the Pittsburgh rtallwaya
nouncf;ment haa been made as
r. w pruirvsivn t-omniiiiee as 10
CM wun respact to acceptance of
nrm 01 ino, coupons in question.
sreat default last January asr.
more 'than 112,300,000 for all
linruiicu.
jV ,
Commodity Kales on bucar
Ion. March 13 The ad lust.
1 r.nimvdll.v "rates on migar from
leans ana rromiortii, ano hoiiiii
ssuru 1 point In southeastern
najsi junineo. oy tne
S.C-nillHSUNOH. -'.il
mix nti a rii nm i d " .:- -s --. .---
Jiaa.a suit jiendlng sfeklng to com- I Tork. regular quarterly of 21s per eant. pay.
ccgnuion uy me ennauepn a Com- abi niarrn !"'"'" " "',,: r a ilir
of resnonslb II UV for the nrlnel..l Torrlristnn tornpsiiy. ouarterly or. 3 Per
'...'. t ". .-. -.- a-- . j n aiirai 111 1 urr iriu tv u ni"iii
i.?lfltresl on unaerlylng bonds of I Sv.hi. Aorll t w stock of record March 22.
"American Typo J"""'", resuisr nuarier.
or, prefirred. both paysbls April 13 to stock
of record April 10.
Extra by Owens Bottle Machine Co.
New York, March 1. rue owena unt
ile Machine Company has declared the
regular quarterly dividends of 1S Pr
cent on tne preferred and 3 per cent on
tho common and art extra of 2 per cent
011 the commonthe extra dividend being
payable In second Liberty As at par, all
dividends payablo April 1 to stock of
record March ii.
.a .. . ,
Vl
,1'S ' Dome Mines .. s
.112 1 l-.l.o Btnr Hat. . ..''
.113 1 r.rle 2'l 1'el , .",.
.Ut), red M,- P,pP',;5'
Clen Chrnltl..l..-'t.
211 'A'" ,: Mlnlna 711 I'n Pit P new fi'
1.3S Mi;;; fan ' " "nlnn Pac nr.f 71'i
Is nulf StitpS Stl. i..j Unit Allov stl! to
ll.rtn.an ...orn. " nc,r srpt.i;:
Havana t.iw. ..-. ,,",
llomeatake . . . sn iintd
ininnls Central. 1'' tlntd
.. Arli-ul ,...13 United
lot Arl P'-v'snoVl. !!n!'."t. ny. ,nv- ''t
int narv .s i . . ,.'-r. tiiiiii ir inv p, ia,
lot N'lPkel p"M"" " H nui let nf.innif
.". r.n. m... R'i it n e t n i ie ,
13 a.., a. uft at St a si si .. 1111 "' - as Ufa a, .. .".. " . ' '
o..iis n.n n n.ni ,.",, Inter ZM --P P ' ' " ' ,1 I" Pr. 41
H.fl3 fi.00 H.ttO 8.tH S.fl3 YiwH Ontral. . . !! IT 8 Ini Aim pf imU
Jewel Tea ..... lf V H ny Imn 54
-,. . ' Kan "V "n "' Zm w n iimity itn
i8.ka ne":"J,r, Chte.r"k . 'L s-'teifti
! ,ii a sa. 1'ionuiuiuii ui I K60K tt f i -T7" "' " c"" PI 11
-r-::: n 'i; j"
- i ' i' a... s. -. . -. . .... ii,..,i Vsi.aa u.iiiin iirrnron i Et
T Kt 1, .- TV.. 7'i New York. Marc I 13. --Tito II. c will- corn n'i;iciiia my. ..v..,., .....-. g,
Tr V, V. Wft A , ,s"-!X:-.u'r,,';?,,co!i;pan0vt. ZH ' NcnaT; .itfWlJS YlffnlWi I
Werwp-ii-s ; n,!ibr ., "-va. v sr. in, PSi? is. Jodeeran-1
""'nr-d ;r -V'J!?.. I Mock of record March 15. , Iton 1 1 reo 1 W i.d I ce .rFr H
MONEY!
VSml
Iilanufaclurcrs and Wholesalers worth
920,000 to?l,000,000
aNiSffiiviiJiiiriiiiiitas'Briiiiiiiiaiiiiiiii.iaBisaiiiiicaLErii
V
I ...ri'.M.irinnu lilH. llriitx iiml TSTowinaii
is r l- ' " WWItivsvttw f ... .. ,---.. ..
Worlds IV neat ouppiy uecrcases ' oflered.
NEW YOKK COFFEE MAKKET
Jlanh
May
July
September
December
Open High low- Close .-loss
. K.Ci 8.3.1 8.33 S.3.1 K.X1
s.S'l H.44 R.I.I
H..1.1 K..1I) It.iH K.30 s..',3
.ii...-,.,. Morel. 13.Ac(Yirdln; to the
iCnr.ur .; nun Dally Trado Hullctln, the world'n supply
Drg 1st pf 4ftU flf -i,eat on March 1 wan Stl. 101,000
Drir 2d pf 71) huehelH, against 25.1,882.000 busbela on
1 SV." " 'Kebruarv- 1 and SSS.IOS.OOO bushels on
March I, 1917.
the Fidelity Hlate Hank and the appoint.
ment ox a receiver ure anacu in a mil
filed In the Superior Court. by attorneys
for State Audltcr Andrew Russell. Tho
bill says the president of the bank, lOcl
mund Szajkowskl, violated the law In
allowing himself loans of 178,000. The
bank was closed January 31.
Tide Water Oil Pay 3 Per Cent
New York, March 13. The Tidewater
Oil Company has declared the regular
quarterly dividend Tjf 2 per cent and an
extra dividend of 3 per cent, both pay.
able March 30 to stock of record
March S3,
$50 for "Conscience Fund"
llsrrlaburg. March 1J. Htato Treas
urer Kenhart has received a flfty-
dcllaf bill from, Philadelphia Incloaed In
...l.a. .!.. . . SO lllall MP. ,'n.n I'll'
l,ee Hub ft Tire 1.l I's.Car Ch nf.,int'i
lorillard JfJ J'l Cesl Coke B!l
laula ft Naah..lls Wabash pf n. . "314
Mackay Coe nf. Hp, Warren rt It,, is.
Msnn.iisni....-; ,'.',;, c,.'fc ,fc P. ";i
May llent S Pf.li'l'-i .V"s .I'arsro .. sn
May Pent Sirs, Rt) West Maryland. 17'i
..v., .-audio a. zhia
.,.. it a oi .. :2n
- .-.. "M III -u
Weat pacino
IVeat ).Id "A
Weathae lat nr. Miii.
Wheel. A I. K.. 10
Wheel ft 1, K pf i'lltl
Short-Term Notvs
llei-emlicr- Scllill bid I
and Hanger effercd.
Smith, Jonca
Liverpool Cotton
Liverpool, March 13. Spot
cotton
Rate
per cent
Amcr Cotton on .
Am T ft T (auba)
llaltu ft Ohio... J
lialto ft Ohio...
Peth Steel ....
llklyn 11 T. ...
Can Pan Ttwv..,
ciii 11 ft p rt
nil ft Hudson.
r.rle naiiroaa ,
Oen I'.lettrlo ..
lien Bleetrlo ..
N Y Central...
N T Central
Hepf,
Pen.
July.
July,
Keb.
July,
Arar,
Due
July. '21
Aug. '20
Apr, '111
Dee Mn
July. '20
4tf May 'IK
ft Sept, '111
Mich Central... 1IJ
Mln ft St I. new 10
Morris r.aaex o"
M It ft T 1
if IT T np.f . N
Ma.kay Co .... 7.114 White Motora,. 4.1
Mackay Co pref f,7 W eon Co .... MVs
Max Motor .... S4 Wl son Co praf. im
Max Mtr 2d nf. 22ti IVIIIya-Overlil pf si 11
Mex Pet rref.. til. Wis Clrl ..;ie.''
M ' P ft S S M stt Worth I'ft.M. '41
Ho Tao pf.. .. B3 , IVorlhsn P ft II
Nat Bnam ft S. I'Dlt nref II ....., fl
. !! 1 .,-.... Tltut.l-tM.1 A ..!-.'
ll,..u.U ...liaii.- .-""" .. .iTillni Uivt'.'. 'sy, '2')
Nw Yerk. March I?. Tlie directors i'liv of Par's. Fr ).. l. '.".
N Y N II HI"! , Apr. 1;
Pennsylvania ... ;JV June, 21
Pub Srv Cp N J " 'ar. 'in
IIA U M& CO. ft K.b n
southern nwy ,. g jjr. ,'"
llnltei. Krutt ... ft M. I
Utah See Corp.. P'.
tlld
lit)
I'S'i
I'lfS,
DM
nfi
n.i',5
ns
t)2'i
l)7'i
nan
III)
nn
tin
n.tJ
i.n
fili
nn
as
lls'i
imi,
S.I
was quiet today, with prices easier on
the basts of 33.63d for middling, old '
contract, an upturn ot 8 points. The '
ale were sOOO bales. There were 1101
receipts. Kuturcs wero bteady In tho I
au 1 early dealings, oiu contract spot prices ,
tinH 1 vvero; American, middling fair. 24.83d;
"' ' good middling, 24. ltd: middling, 23,63d;
n'lv ' low middling, 23.10d; good ordinary,
10d; ordinary, 2i.Du. 1
Four tic worth
is increased b)
selling us ac
counts if your
profits on the
money exceed
its small cost.
tiffi
II 7'i
11114
P2'i
IK'i
.. Ill
mu
$ n'i
Hi"
llrt'i
tut';
no
7
lnnn
Kflii
... tho Colorado and Southern Railway ttr nt francs, JH.
Company, at a meet.nn today, after con riuasian o?f-Ja,
l'OIU'.tUN QOVBI1NMENT 8I!CUniTlC8
Vm For Becur.t r Aug. 'Id flint n.lli
111 DAS
I H4' s.
Atir. -ii. Hast
June, I IB 41
21
nsli
-In
Munition Co. Changes Stock Basis
New York. March 13. The Btockhold.
era of tho Maxim Munitions Corporation
nave adopted a resolution cuanging me
par value and the number of shares of
capital Btock from 1, 000,000 shares of
par value of 110 each to 3,000,000 shares
of par value of J5 each and giving the
prosent holders one share of new stock
for each share of old block. .
Mexico Gets More Gold
Mw York, March 13. Ooid coin to
the amount of 1117.500 has been with
drawn front. ths Subtreasury for ship,
ment to Mexico,
You invest money in merchandise in
order to make a prolit on its sale, but your
investment in your Accounts Receivable
adds 110 prolit whatever in fact, OU
EVEN LOSE INTEREST ON IT.
If yon sell tho?c accounts to us NOW jtnd
buy for cash or tliscotiit your purchase
instead of waitiup on your customers for
the money, certainly you can make more
than our charRc -I'ROFITS YOU
WOULD OTHERWISE LOSE.
Your customers who fail to iliscouitt
more than pay you the cost of our money, if
the discount you offer them exceeds our
charge ANOTHER ADDED PROFIT.
Bv selling us your accounts, you prac
tically add that much working capital
without increasing your investment one
dollar. Your customers arc not disturbed,
as you collect the accounts for us. Write
or phone for details.
niiaiuniiuHn
Commercial. Credit Company
Cash Capital $2,250,000 Surplus $375,000
IJALTIMOKE
Represented at
THII.VUm.PHIA. 512 Stock Exchange, Pld-
IPhon lx-uet D1U)
NEW VOHK CHICAGO BOSTON .
CINCINNAT;. DfiTllOlT t' 'ATtfAN?
m
-4
J,J
-1 r mmm .--