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EVENING UBLIU jlEDGER I'HILADELPHI A, MONDAY,, MARCH 23, 101S
NEWS OF THE FINANCIAL WORLD NEW YORK
AND PHILADELPHIA STOCK PRICES
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FOUNDED 1865
,
11
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The
Provident
NEW YORK STOCK MARKET ACTIVE
AND STRONG AFTER RECESSIONS
Wall Street Attaches More Importance to
What It Did Not Do Than to What It
Did Under War News
New York Slock Sales
Life and Trust Company
of Philadelphia
A Provident endowment
policy turns the uncer
tainty of old aye into a
time of comfort and joy.
It provides indepen
Hlyh Points in Today's Financial News
The A'tno York stock marled was lower carlit, but demand for shares
was aood ami advances followed declines, with trading lame Irregular.
UU ruled Curb transactions. Grain was firmm and cotton advanced. Italian
exchange was weal: The PMladdphla wccKlg bank statement showed an
miriiw in loam, uar stiver jnlics were iniclinnucd In .Van York
London.
and
FOURTH AND CHESTNUT
STREETS
New orlt, Murch 23.
More Importance was ttlltirhcd In Urn Willi nlncl ilMrlil tu what the
stool; murkct illil not do tliun to what It ,11,1 do. There witi kciiciiiI com
ment on the- fuel that It .lid not dc line to the slliihtol ovtoiit finm t t.r.
dence for the later years'. l,cnl" low "'iis but Instead the curlv declines In ought In umliiR urdcrt
of UOUr life '" lar8P voIume' wllU'h '"l,tl0 ,IP '"arkct develop pronounced blrctiditli
mm carncu pi ices or many issues at mlddn to abovo Nuluriluy'ri limit
figures.
It was Insisted by many who studied the tiadlns closely that If the.
market had not been In it sold-out condition tho over-Sunday ncwn indi
cating German success would have cuuscd breaks amounting to 10 points
or more, but Wall street for a long time has had no stocks to i-ell, ami
tho position wuh olio In which an opocted supply of stocks was an In
ducement for efforts to accumulate substantial long lines.
Hanking suppoit was not needed and theic was no ncieshll.v for bull
Ish combinations to hold the nun kit up, but lift lo Uecll the tnaiket
cusll.i lcnncied tho Initial losses, and around liilddu.v, when ti-.idiUK was
lirge In volume, many huge blocks of Mocks wcio In dunand to covei
shorts, which had been put out at the lowest lccK
In tho afternoon tho olllclal bulletin from the !ornian War'oilloo was
effectlvo In causing a icnewcd selling mov uncut by the room on which
prices reacted from the highest level established In tho morning, but this
dccllno was orderly and was followed by another advance.
United States Stcol Indicated tho general course of prices during tho
day, that stock opening with a los of " points at Sflti, but quickly roso
abovo SO, although It was not held long at tho extreme high prlco reached,
Tho most Important featuro of tho bond market was tho banking ab
sorption of Liberty second Is. Those bonds wero sold In tho early trad
ing at 9G.5li and roso to 30.00. Other Libel ty llonds moved In about tho
s-atno way.
BARNETT OIL & GAS CO.
Producer, refiner and Distributor,
with an output for Its full capacity
which Is being delivered to their own
tank cars, through their own pips
lines to their own established re
finery ot 2400 barrels daily capacity.
Full Information on request.
cice
Morton R. Alexander
Philadelphia Stock Exchange Bids.
87 William St.. N. Y. City
f wnnn? V
WHITE
CAPS
Today, Monday,
our new analytical
report on this
GOLD MINING
PROPERTY
will be ready for distribu
tion. You may secure a
copy free on request.
Send for Iteporl TIMS I
JONES &BAKEH
w 4TOCK BROKERS
Yftfawr BLfo, Philadelphia
maun aric walnut teeo
RALLYING TENDENCY ON THE CURB
AFTER UNSETTLEMENT EARLIER
Fluctuations in Some Issues Extremely' Wide Chev
rolet Drops 4 Points, Then Advances Above Open
ing Price Oils Heavy Mines Irregular
New ork, .March 23
The Curb market was unsettled at tho beginning of business b tho
disquieting news from Germaio. with sumo Issues sustaining sharp reces
sions, but In tho lato forenoon strength developed and the market showed
ii ralllii tendency until after midday, when another ictession occurred.
In somo stocks the fluctuations were exticmcly wide, Chcviolet at
tracting most attention, chopping from 111 lo 110'c and then advancing
lo 117. United Motors also was hcay In tho caily trading, declining to
25 Vg, but later rallied to abovo .'G.
SSubniaiinc sold down lo llr, from which it rallied to ll'i.
Airplane stocks weio hcay, Curtlss silling ut 2 and Wilght-Martln
at 7 and C7. Aetna explosives was quiet, selling at and SVi.
Tho oil stocks were generally heavy, as they hao been lor somo tlmo
past, with Midwest Hetlnlng falling Ij points lo 7. Sinclair Oult was
traded in at 17 to IC, Cosden sold at 7 to O's and Mcnitt at 173i to 17'.
Mining stocks wcic Irregular. Magma sold at SO, M.ishii Valley at
."'i and Big Ledge at l'i.
Itleli Low-
Alaska Old St. ! I
Alaska Juu . . lis l"s
Allls-Chulmers. 2.IV4 23
Am ncct Kugat- im, 7 it;
Am (.'nn .. . 101, :mi'H
Am Car & 1'dry 7m, 71
m Int Corp . .Ti .!!,;,
m Col oil 'lo'; no'.f,
Am Illilo A. L IJH 11
Am Unseed.. :t t , 1 . :iin,
do pret . .. li'i' Ti
Am Loioaio. . ill 30,
. do turf mi nx
Am Mult PC... IK',1 lit
Am Smelting.. 7H! 7J',i
do pri-f 103 ins
Am hum Tob. , 88Vi o
Am Steel Fdy,. 2U ltU
Am Sugar . ...HilVi loa'i
Am T & T . . toiu toni
Am Tobacco., t.n 1.1.1
Am Wool . . . H ih
do nrcf o.i'ji '1:1
Am Wr Imp pr -::i 'j.iif,
Am Zinc & I,d l.l 1:1
Aiuicond.i ' . mi, nnja
tchl on . . sjiji si ',
du picf siH RiiVj
All t;ulf ,L Wl linn, lull,
llald I.010 ::ix. It's,
UatoptldH Mil) l', IN
Bilh httcl . 77 71
tin 8 p c pr KMiN !!N
ttklvn It T. . . :i'i 8")4
Uurns Uros...i-j(i lti-)
nutte c c r ro ,, v
Butte S. Cu Cop fN IKN
Cal Petroleum. Hi 1
do pref II ft
ranadlan IMc 1:17 14 133
Central Leather HI fli
retro do I'ano :io'i, ami
Cli-ntUcr Slot . H!',j 3'i
Chr.s.i & (1I1I0 .-,-,',, r, I
Chl .il West nf "in, -"iii,
1M1U SI K M 1' II 4 :ik,
I do prcf 7lni lit
Mil s iiithwesl nil x')H.
C'tlc Itu I' 1 1 I'l'l, III
do 11 p 1 pf I .V-.i.. ,-,ifc
tin 7 n r it II mi, 111
I'lillo Copper . IS', 1,1'h
Chlno Con Cop III 'Pi
Col l'uel Iron :i; :in;
Col Has A: i:icc an', -jh1),
run vol Uas ... si si
Cont run hhk. nVi
Corn Products. :in',, :u ',
do prcf... niYt j',i
Crucible Steel. r, 119
Cuba Cano Sug W,H -J8N
do pref "8',j 78N
New York Bond Sales
Net
Cn Cll.
Hi 'i
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73n Hi
am, "
7i ) 'i
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-.Jl?, Anif ''' L "(".urn
3IS0OO An(lolrrnill On .. IHI
I'yyiv .nir For Sen OS. it i
-"" armour Co 4'4.
tiw 3 p m.
J MM JV'P
-""III Alrhlsoii cell III
l III
j'i IiU & onlo &
..miii ,10 im 1 1,1,
IMHI tl.lh Kit fu, -..,
1'iiHHi Hurdehui "In
SI
SI
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Ik
,
.Hi"" eiioa Ohio m .V iN
sunn a,. , , 11. u
njlliii r a A ,, ,,, !
t'") 1 'hi 1ml i In
in Ml I'MSIP ifd INh.
liiml nil) j. r(, 4h,,
mm Col t So Int 4 ..
lldiio do l',M
IMOOO City of Purls (1 .
noon Corn Prod 0 34.
iU'l'l I '111 llw8 5
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117 ',
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137 1
in -, I
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HIV .. I
.-..in U-1
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71 N 4
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-.'00ii Den . liloJlr la.. !'
CVi(ii) ii HeturVnrii Tm sj
j i.rii ci is ser A. 11
noon .Jo ii In Her t. .''''
I line do bmi 4s ..
ivniiii rremii Heimb riia li",
nono til steel ii-h i, si
iliiini lnlerb 11 T ref T.n "ll'i
mini Inter Mr Mir 1.1 HI',
10(111 Inler Acr r. 7J
iiiiiii khu nt s0 .-,1
rinnn Khii i-iiv r tt i
in "I '.I I Hi l -loll .
lilCSI l.llierll llnncl :i'(.
KC-Dil) ill 4 .
:t"i" do i-t 1,
J.M11111 l.vbnn lis
l"0n Mo Kn t IH I
i.'im .Aiiuittle bs . -H"n
iOiih Mi. ! V I, .-, ID.'.t lid',
luonn .Mo Pro urn In, . VI1!
3 1 mm n y c 11 83. .. ".!',
lOtfn Norf i. West 4s.. S-"i
1K1011 Nor Pao sen .. "7's
toon Ore Mior 1, 1st lis 101
iinoo Penna uen it 4'4s S'i
."U'l'i Pub ber .V J fin. . m'i
toon Slnelsir war 7s . s'i
linn ai li &. a r ui . 'il
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mi. sri s-i1!!
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Del . Hudson. .
t L ft W
VJistillera See .
i:i lo
do 1st pf . . .
do Id Pirf...
(7asloli-Vms .
(leu i:ien Co..
Hen Slutors
'it North p cf.
108V4 108
nsifi m4
3'IS. 3714
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117
88
PHONES
AXKsnwi-.iucc iita
IMlUMTIIIAL't
NtWVOtK PITT8BUH0B
toniwww DU.TOJ
JOSKS t BAKER.
WUencr Bunting, PMlaitlphl.
Tou may sead me your report 01
fruits Caps Gold Mlnlnr.
...............,
Aetna ExplotUcs ..,
Am-Brll SIfg
Am Marconi
Am Writing Paper
Air Reduction ....
Canadian Car Co. ,
C C & Krty pref. . .
Charcoal Iron ....
Che rolet Motors .
Cramp
.Curtlbs Aeroplane .
Carwen Tool .....
Carbon bteel ....
Kmerson Phono . .
Federal De
Hcnde SIfg
inter-L.UDe .
PUtlXTOKV or ACCOUNT Ts) Katliodlou Bronio
.. . . iase iDrp xjoai...
Certlnwl Public .UiuiintnnN Lelilgh Coal Hales..
lVAWBENCC B. tinow.N JL CO Lima Loio . ... .
1813 HEAL, ESTATE TRUST Bl.DO Maxim Munltlona .
INVE8TIOATE i ADJUST PARTNURSHIP Marllll Arms
CORPORATION & DISPUTED ACCOUNTS V Y Shipbuilding. .
I Nor Anier Pap Puly
.-.mt .,
cud
ni.i a si.
8 ',4 8T,
3
3s 3,
B Cfilf TU-183 J
70
. . 611
.. 8
..1111
. . 78
. . 39
.. 7
.. 8.1
.. 3
'.'. 10
1
pf ..
. . 3
.. 78
. . 13
Georjo K. Watson. C P. A
Uth Floor. It4l Estate Trust Bid:.
Audits lai Reports
WAR TAX RETURNS PREPARED.
CRAKCH CO.. LAND TITLE ULDQ.
LEOW. S.OTICK
tS- NOT1CK IS HEREIIV GIU that
" an application wilt be made to tho
Goernor of the state of Pennsylvania. 011
- uonuar. apni sm, ,,. ,f, ivib, D)
4T.
211
30
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8
33
M. H.
Taylor. B. Frank Tailor and 1'. Warded
Taylor under the act of Assembly of the
Commonwealth of Pennsylvania, entitled
"An act to proj4e lor the Incorporation
and mutation of certain rornaratlonit." an.
proved April 29. 1874. and the supplements Wrlght-SIarttu Air
....-- ".V. "d ..,,1, v.,.,;V.iV r-""L.,;X , ' tonceni
IfANUFACTURf.NO COMPANY, the charal isTAMIAllll Oil. ftTOCUb
utls 12Ieator
, Peerless Motor
. I Poole Eng
Redden Truck ....
1 bcrlpps Booth
' tl S Kresge w- 1 ....
, Standard Slotora . . .
.' Steel Allois
Submarine
St Joseph Lead . . .
Todd Shipbuilding ...
United Profit Sharing
U S Steamship
United Slotors . . ..
United Sugar
worlds mm
'J.
73
3D
II
II
10
111
83
II
ll4
13
i&
5 1 ,',
78
28
03
S'i
113
83
20 H
1
88
3'.4
5
.'II
3
I
3i
82
17
Sat closn
(tal 1
(Hi
'3" i
71
oi
III
29
IMII.IT.MICN r Oil,
3i
.1
it'i
78
IJ
2 is 2 "
iili !!
SO
13
13
8 80
11B ll'i
7 fls
11" Uai
18
78 77
n
26',
ter and oblect of ,hieh is In mniifai Hire
tuy and cell '-lothlnr and ..earlns apparel if
all descriptions, and for these purposes 1 1
hate and possecs snd enjoy till the rights
lieneflts and prh llecea ot the said act if
Aisembly and Its supplements
CLARENCE II. GOLDSMITH
Solicitor
Financial Briefs
Illinois
Ohio
Prairie Plpo . .
Stand Oil of Calif
Stand Oil of N J
Stand Oil of .V 1 .
. 173
. .S.'ll
. 2IJ0
208
.110
. .230
183
:i.'.-.
268
21.1
ft!0
233
330
238
?
9&
The Cities Sep lee Company has Is
sued Its Income account for the fiscal
jear ended December 31. 1917. The
amount available for.reseres anri i-nni.
won stock waa J1B.179.70G. which wao
tqual to 60.73 per cent on the a erase
amount of common stock outstanding -as
compared with 36.71 per cent In 1D16,
and 15.27 per cent In 1915.
Tito rtlttenhouso Trust Company la
now a member of the Federal reserve
7) stem, the Institution today having for
mally compiled with tho requirements.
ISDEP13M7UT OIL STOCKS
Barnett OH & Gas... 7 15-10 1B-16
Cosden &. Co ? 7
Elk Basin 'i 'i "H
Federal Oil 3 3N 3N
Inter Petrol 13 13 13i
Houston Oil 11 II 1
Merritt Oil ....
Slidvvest Oil
.Met Petrol ....
Ohio Fuel
Oklahoma Kef .
Rice Oil
Sapulpa Rcf . . .
Sequojah .
Mnclalr
United West Oil
STOCKS CONT.
f-lt lo-e
All (..!)
18 18
fl
nid
17!'
93
11.
II
UN
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II (!
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17
fit N'or Ore sub 2(1 N
(iieiuu t'r-r Cop 31
Illinois Cei. .. IN
Int Agilculture. i
Inspiration Cop 14 li
Int-Cous Cor pf 7",
Int SIcr Marine 7ln
do nrcf . . 11 1 'i
luternl Paper.. :io
Int Nickel. . 2K
lan City South HI
Kmnecott Cop 30"
Luk htttl. . n
L. high Valley. ."',
Ma .Motor . 26'-..
do 1st prrf . .
, do 2d pref.. 21",
I Me Pettol . !U'i
I Miami Coll Cp Sil
Slldxale Steel II',
Mo K S. T prcf 8'i
MIs-flDiirl IMo . 21'h
do prer . .. 31 N
Vat Con & Cb. 1l,'
Nat En . Stp. 17
Vat Lead fiS'1,
Nev Con Cop . 18N
Vcw OTS.W, 18
.V Y Ah-Brake. 123
N Y Cent. .. . il'l
N T N 11 & W. 28
Votf . Wist
No Par
Ohio 'las ..
Ontario silver
Ohio F S .
Pctm U XI ...
Pere Slar . . .
I'liiU Co . .
Pitts el Dcst..
do prcf . . .
Pitta Coal . .
Pitts Coal prcf. 8
pierco Arrow 37
PreEiI steel Car S8',B
Pullm Pal Car.lt I-',
Rwy S"U Spngs IOJ,i
Ray Con Cop . 22N
Reading .. .. 80'',
ml ,Rtn Ir & St.
,, da pref
7 1 Rojal Uulili.
,, I Savage Anns .
I Scabojid A L .
loi",
sin
37 i
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fl",
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611
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111
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125
08
27 '4
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31
80
37
68 N
110
19 s.
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10 I-
37
".'.fit
81 i
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108V4
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11(11, 14
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89'-.
88
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nn( do Ser A .
r.nnn do Ser II..
Willi sesbnl A L ad I
isnoo soulh I "a i- iv "11
Itillun ,1 1 rfil If
llllliill Snuili llvvv smi Ik iii",
I'HIM l'i ,1H Cu ll lis
IIIM'I I S Ullblier I." pm
inon t s sip 1st ut si',
." I 1 moil I'm 1 l I: SI
7 1 il 1 r'd Is 711
lO-illlll t In lit (1 II I 'is IIS'',
".'mm an '.'at. ttiiM in,',
simiM Ho ."14ii mill now 'is
7innii do n'Jn UiJl HJ'u
lonn Va KM), r.i . . mi',
1 0(10 West Chester I T.s .. 0(1
flioo West ltd 1st Is . r.0'1
r7
101
u
Kl'l
S'I
lil
r.n'i
in
Ill's
IHI
77
Ml',
IIS
Illil
117
s I
70
I'S",
1'I
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r.o'i
hi
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im'!
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101
SO
su'S
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ui",
I ii "t
tin's
77
i n' j
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07
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119
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w"t
PRICES FLUCTUATE
IN THE OATS PIT
Execution of Resting Orders
Check Break and Market
Closes Firm
.
IN
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3314 14
18', ..
18
83 t
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4
I i. mis iii.lt wnvniKR imitrisr
., fliliiiiro. March 23. Illinois I'ulr lo-
-l nlslil. prolmlilv Tiiesdavt vvurinrr Tueduy
j mid In vveM Innlsht.
i Missouri lulr tonlclit uml Iuebdav,
. wiirmer. ,
a. I - HIjiohsIii I'artlv iloudv Innlcht mid
s riirsilaj. prolinhlv unseltled nurllii vvuriuer
west ami central lonlslif.
i MillliesOtil. I nip Innlrhl nn.l Tnculnr.
eient iiosslbl, sliovvcrs etrems nortlicasti
"nrinrr southeast funiculi looler west
llirsdis.
I on ii l'nlr tontchl uml iuesalnst
wuriuer lonljht him ereme eit 'luesdi..
s-orlli nrkotii nnd houlli Onkola 1 ulr
loulslit and jn-sdavi .ooler lue-di,.
Neliraski Inlr lonlnlit -md lufsiljj!
vui'nier In eit fonUhti cooler Teevln..
I.iiiisjs I nlr tunlcul uinl luesdajt
viinnier loiiialit.
Montan, uml M.ouilnc Pair ami loolfr
(onulil am liiesdar.
(ill
101 !,
8IN
37 !..
7N
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111,
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TRANSIT ISSUES AND SUPERIOR
LEAD LOCAL MARKET TRADING!
Sales in Philadelphia
Illt-h
2 Am Oas. 82
looAll-Chnl. 23'4
23 11 & O... SI1),
10 llald Loo 73",
200 Com Pro 3SN
10 Lieu Stor I8'4
Ins O .VA .
l8'ILk Sup C ll'i
10 Leh Nu il IN
83Lch Vul 37
loo Kov Cons 18
130 Penn.t IIP. II";
30-Phlla Co
cum pf 3014
7nPhlla Llo 23N
323 PIlTto 211,
.1 Phlla Tro (18 14
370 Reading.. 80
200 Ton Del.. 3N
270 Ton Slln. 3,",
22 I'll Trao. 3014
80 IT a i, . . (17 n
3lnn It K steel so
lowest ("I . tin
13 W Cramp 70
IaiW
82
2314
3 1 1),
73"A
33',
I84
ii4
(1314
3'11l
18
II
30 14
83
St "Si
1.814
78
314
3
3!
(ll'i
80'J,
611
7ft
Net
Close rhse.
83 4- 14
S3 14
'4
i
i
U
fills.
73
33
I8'4
.311
1114
Oil
361,
18
IK'i !i
30'4
231i
2P
r.8Vi
so
'4
1,
N
"4
4-1
3W, A
3rt If
-1014 V
6714
8ft 14
mi
7I ',,
tcjiicitatlon given Is Saturdaj'n do1-!'
IIIIMm Net
, . Ills-h Low Close ilim.
Slooo Am ' ias k
Llec'is 7!!', 7ft', 7ft'i ..
13000 City Is '13 118 0714 "714 '4
12000 do 104.1 117 111 IIJ I
IU30 Lib Rouds
3'4s...ft8 07. Ml 117.30 .60
2.150 do 48... 06.30 110,3(1 llfl.30 .20
700 do 1st 4S 06.50' 06.30 06.30 4- .10
100 Phlla Eire
1st Bs. 00 06 116 MM
1000 Un Rvvys
I c 4s. 58 38 38
I'HILA. INACTIVE STOCKS
quotations for Inaillve
the Philadelphia Stock
Following are
PtOI ks llsteil on
l.Mliangq and In whUli llieic weie no
ttalisictlons Iixla.v The pike glxcn Is
tiio Inst pi c Ions iIom"
P. R. T. Certificates Drop 10 New Low Record J
Price Advances l ollow JUarly Losses. )
Railroads Weak J
t
m
Interest In trudlng on the Philadelphia tit tick IJxclmngo today was.ii
I
f
1ne1 il-iii vi ir l'i
Vmer ftvv pf 75
Anier siuri-n . I'll
AlltHllie Inmr. in
Alner llivv .. . 30
Mner .Mill . HI
Amer Stores pf li."
Hrlll J ( pf.'. ;o
Uurr & Sum t c r.s
Hult & huoq Jif. 18
Cam Iron in1,
Cain Steel ... 123
Catawls lit pf 52
Con Irae t j, 07
Oan Asphalt . Ill',
Hen Asphalt pf P0
lit fr U T....;. 10
lit S. B V pf.. t7
Inn Co of N A. 2XH
Kejatono Tel rf r7
Koy Tel 1st pf 17'
2C'l
i.n'.
Ml III us
I Hli VmM".
I.. Il Vlll Tr ir 27'
I Nav .M rt pf 4
I. Nav vvr w I 7
i.illle Siliuylklll .il
.Mlnehlll
North Cent ....
IVunu Salt .. ..
PhlU C,
I'lllla Co pf...
v n t
Penn Trafflo ..
IIwt Co Gen.,
tin Cos N J .,
11 S Steel rf..
varvvlrk Iron.,
West .t . Sea,
"Vork Itvvv ...
York Itwy rrcf 32
r.u
7.1' i
S'I
21
8H
26
2
4
102,.
IUJJj
43..
("4
Short Term Notes
Hale ',
Atner Cotton oil 5
Alner T & T pubs il
Halt ft Ohio 5
Bait Ohio .'
Bethlehem Ste. 1 3
Hrookljn R T .. 5
v an i-ao uvvv .
C U , U It II
Wei & Hudson .
Llrle It II . . . .
Oeneral l.leelrli.
tlener.it Eleetric.
-v v central .
N Y Central . .
N V.V It i. II .
eniiA co
I
il
il
1'i
Pub brv Crp N J
R A it II C Co
Southern l.vvy
1 'lilted IVult
Utah Seiur ( orii
4 '4
lu
Sept 'IS
l-rli
.luly
fuly
Cell
July
Mar
July
Aus
Apr
Peo
July
Mav
sett
Arr
.luns
I til
Ttar
Mhv
Sel t
'111
MS
'111
III
'18
;2i
In
in
10
'm
IS
10
is
21
'111
'11
'10
'IS
Hid Ask
I'll ll'.l
I'M, HI)',
t'O'-J llll,
IIS (l,
H7', f'7,
112', 03
07J, 'IS
112', 0.'
07'j IK',
up, nt
DO', HIO
no1'! loo
oo', no,
tin6, llll,
!l"lj 'll.'j
n-.H n.ii
06 l','-i
87 'j
fls '17
OT, llld',
S3 S'J'j
ronuio.v govi.rn.mi.nt sccuniTics
78
in",
7IN
1)3',
7 1.1 j
7 ',
711 1,
c:
;..
J-lTB ,
87', .
66 l-V,
5 1 '4 "t.
80 I
37 f'4
58' IN
111', 'l
PJs H -S,
22-)i N
8(1 41
77", -1 N
nja, ..
71N -I l
0314 H ',
7-V ',
110 1
CIiUseu, Mai ell
There va. a good deal of nenousnets
In tho in.uket for oats today and prices.;
Iluctuatcd erratically. Influenced by the
war news and tho action of tccuritlca
at .Vcvv Vol I
Tho volume of business was lighter
than icceiitb May was under ton
I stant ptcsiiiic, 1ml tho CNCcullon of
testing oidcis at bu (.cuts (.heeked tho
break and It Mulshed above tho bottom.
Commission houses were heavy tellcis.
March ttarted weaker, but leeovcred
ind held well htoausi of stability In
the cash article, and closed slightly
higher Lxporta wcio credited with hav
ing taken 15U.O00 bushels lato Satur
daj and wero In tho market again today.
Receipts at Interior points were large.
'I ho lslblc supply In tho United States
is IT.Oun.OOO bushels, against 17,10",,000
bushels In the pieAloui week, and 31,
SUO.OOO bushels a. jear ago. Tho under
tone at Llvupool was steady Ship
ments from North Ameiica for the week
weio L',090,000 bushels.
the high on Maiui oats was su',0.
Anier For heMir. 5
Aiwlo-t rench . 5
Areentluo Govt. . 6
city of I'arlt... '
Hepli of 1 ranco 3'v
Russian Gov t . . ll'i
Russian Govt .. . r.'s
SvvUs Govt . . . . li
II K of G II fi I. 5
IT K of G II k. I r.'-i
U IC of (i II . I 51'
Auk- '111
Oi t 20
May 20
Oct '21
pr MO
Juno MO
iec -21
03
00'i
111
M'i
S"'
.Tl
in
Mar '20 inn
sept Ms nH
Nov Mil on
t.'nv '21 HJ'i
Convertible Into Ions-term hon.ls
ir,i
no'i
ir.
s-.i,
nr,
ll
:.
inns,
no
in',
!i-."4
vldcd between local traction Issues, which vrro unusually weak, and Lit 'm
Superior Corporation shares, which wcro active and lower. The ..7rH
losses wcro recorded early In tho tcssloii, however, mid these leaders atwiif
us somo of tho Issues In which moderate sales occurred, plckd up p, P
thlr tcccsslons by lnldaftcrnoon. '
Itnpld Translb trust ccrtlflcatcs were, next lo Superior shares, ths rnoit '
aclho of tho local list, und In tho forenoon they, declined to L'3i, a new , '
iccoid pilco for tho year, and 7i below Huturdtiy'ri close. lJut followlhg ti .
noon hour they took un upward cymso und advanced to 'Jl. Union Traction '
also acted In tho same way, losing a full point lo SO In tho forenoon but '
iccotcrliis half of the dccllno before 2 o'clock.
There was no special iicwh to account for the weakness of tho traction '
Issues and thcrcnialndct- of the home stocks held fairly steady, but hi Mm..
quarters the losses wcro uttrlbutcd to the uncertainty us to whether specUl f
taxes wouiu uo puiu oy tuo itapiu jiunsu v.oinpaiiy on underlying companltt
earnings or by the leased Hues themselves.
Jloro than 1:100 shares of LaUo Superior had changed hands by mlaafl,
crnoon, and that stock ulto turned flrmmcr and gained ',J of 1 fulNrJolsf
losr, which had been registered during tho first liolf. Storage Battery ad.
vnnccd ',,, Lehigh Navigation lost Vj, Wllllain Cramp ended off a trw."
after being down ';, nnd United Gas Improvement and Philadelphia Electric?
were llliehatigrd.
Toiiopah tScliiiont .lcli1ed a little, hut, on the other hand, Tonopuah Mln. "
lug was marked up it tilllc, nnd u fractlonnl gain was also lecorded by Bald. ;
win LocoiuotlM'. Steel coininoii was lower In the forenoon, but followlnj '.
the tiend In New York. iecocicd the loss and ended with a substantial gln, ""
ltullro.nl stocks were weak. I'cnnsjlvunla dropping as much as J. part
of which was recoercd In tho uftcriioon, Lehigh lost more than 1 point anil
Haltlmoro and Ohio !4. Heading jlcldcd V early In tho sesblon. but later ,
sold uncliungcd.
Liberty IJonds were not active, but the 3Vjb und Is wcro lower, while a
tho convcitlblo Is advanced a. little. t
In it letter to bunking Institutions, Inclosing copies of a display card anj Ii'i
urging tho uso of Federal Reserve notes us money instead of gold coin certU. lift
eatcs, Governor 1'assmorc, of rhlladelphia Federal Reserve Bank, says:
"Pcsplto tho fuct that many banks huvo responded rcadlty to requwU
to forward to their icscrxo banks gold certificates, un Inspection of sttfe.
ments bhow a largo ultimo still In circulation. Under present rcscm.re.
miiinniPiiik. ircitd need not bo held In your vaults, and Federal rcseree noli, t
answer every purpose as u circulating medium. Tho more of tho gold, In , Ifv
this country that can no concentrated in i-euciu, icscrvc uanhs mo more '
will your condition, whether u member bank or not, bo strengthened and
tho entire Unanclal power of the reserve sjstem augmented. This added '
llnanclul power i-cnes to meet otir banking requirements, to uphold 'the
business of tho country through credits extended to member banks, and to
support tho nation now engaged la u tremendous war.
'Gold und gold certificates deposited In tho Fedeial Ilcscrvo Bank either
as icsctvo or In exchange for notes, servo you to better advantage than they
can In jour own vaults, for thus deposited they perform the greatest service
lo the nation ut this tlmo when tho moi-t support Is needed from every cltlten
and Institution ot the countrj. Uvciy argument of sound banking and
palilotlsm culls for tho concentration of gold mid cold ccrtitlcates now need
lessly In circulation and pel forming no function which they would not per
form In a fur greater degree mobilised In tho nation's money rcscre by.be- .
lug concentrated In tho Federal lescrvo banks."
jii.-m.m. Moum Lsears-Itoebuik 110 140 llo 1 tho low S9so and tho llual 10c bid. com-
Alaska .Standard ... . 3 is . &, "l1," J?,,- ' 5!! iS, 2L- '! pared with 80'c, tho ttnal quotation of
Wne-V ",' '?, ".'.. To. Ki, Pac" 2a a?" 53 T t Saturday. Tho bjst on May was 89T.C,
Bufew-Vork-:-: "t. ' ilsr.'iiPo'rVnVgMo Mo ' ,oo J, tho bottom M,o and tho final 85..
Cal i. Jciomo . .... t,' IN IN I Southern XI H . 2JN Sli 2214 li S5i,c, against S'j'ic Saturday a last
Con Ariz
Emma Consolidated . '',
First National ... ! si,
Ooldtleld Mergci .... 3 3
fioldtleld Cons ', sv,,
tJoldrteld Florence ... 13 1.3
(7oldneIiI Kevvanas... 3 7
Green Monster "a a;
Ilecla Mining
J lout, t-otiud .. . .
IndepeudcnCH Lead..
Jerome. Verda
Jim Butler . . .
Jumbo Extension
McKlntey Darragh . .
Magma Copper ....
Mother Lodo
Mines Co of America.
Nevada Hills
Nevada IVondcr ....
Nlplsslng
Uhlo Copper
Kav Herculea
S-r n Toy
btewart
Tonopah Lxtcnslou . .
United Vtrdo
West End Con
White Oaks
White Caps .
Veringtou
Bethlehem Sa 07 N f7!i
Cosden Oil 6s 80 83
Cosden & Co (Is 80 8,1
Cudahy .Is Ill 07
Russian (Jovt SNs.. 35 3U
Russian Govt 61-s... 31 il
Southern Railway Es. 06i 0711
Sinclair OH 6s 80 83
Todd .shipbuilding 6s. 98 01)
IN IA
I JN I',
I ,i ,,
r " -Ti
38 60
M 13 13
41 18 16
35 38
35 37 36
li IN ..
3 13
IN li .
H 8 8N
ID 13-16 13-16
IN 4N
10 13
3-33 7-32 7-3J
lH li 7'..
36 37
73 80
3
LOCAL LOANS INCKUASH
-The Marconi "Wireless Company has
Itsued Ha pamphlet report for year
" nded December 31, showing net In-
V eoma of S617.773. an Increase of 13R7.-
B ''' 111' over 1916. Net Income was enual
t t. fit, Mnl. m .k.,. nn , ClQb Ottn .)......
f. -. .,. b ta.vi ml ,,,,,vv Dllttl CD
;. J ptock of 19 par value.
& - Th W.nlBrr, lTnlnn T
v The) Western Union Teleerauh Com.
f , pany reports for the fiscal year. 1917,
;. iross, earnings of t76.9BS.5U and a bal-
" nee for the stock of 111,365,366, or
.y .111,40 pr share, against more than
1 J1J.60 per, share' In 1916. Tftal In.
i come, wag J16.I97.316. conlparec with
, "- 114, 101, 7 J the previous ear. Net rev-
. nue was 114,365,306, an Increase of
JTlje Standard Motor Construction
,.v CoiBMny kaa Issued Its report for year
wfw wt rv biw(ii iJiuiiva ui
ILUC.S74 before deduotlnr )85 000 re-
imxee. rrotus niier taxes were
acalnat 1196.377 for 1916.
fc't BfflfiiJI-l,urBmeD.t" "mounted to
ftiek jthi. isu iiicrciuie oi 9V,
' total aUTDlUa aa of December
', waa 11,571,173.,
, York KubtreaBury" sained
from the banks on Muturdav.
I ft fsb.nt (ait) since Friday of
H-.x .. "
y. of ine Nortneru Cam
lallway Cotnpany. a, fifteen-
nratera oonaeotlnr PsAion-
mnre7,-., .
-N
Bank and Individual Deposits Lower
Than Lust Week
The average condition of members of
tho Philadelphia Clearing House Asso
elation for tho week preceding today Is
shown In the weekly statement, with
comparison, as follows:
ALL MEMBERS
March 23. "18
..IdBI.BIt.W
Inereass
10,413.1)00
1b OOl.iej
loll.717.000
416,706,i5o0
l.liB.WJ
3.U00.00U
6 32,o(H)
J2S. VW
316.000
330,000
300,000
6H7.00U
147,000
I,osns
Kxchss.
Dus from
nnlc Henoslta
Individual deiwslts,.
Time deposits ... .
Ttutrve with Fed.
cral Reserve leaal .,..
depositaries. 5i-292-Sfi5!
Cash In vau ti 18.342.000
f"il nuns bW.. M.XiJ'S0"
nessrvs required .. 4S.oiL0'"!
Excess reserve .... 7.678.000
MEJIBER3 RESERVC 8TSTEM
Reserve held 150.087.000 1143.000
7xee reserve .... 0.830.000 743.000
TIUTST C0MPANIK8 NOT MEMBERS ItE
BEHVU HVBTEM
Reserve held 16.632,000 1645,000
Eicesi reservil II.. 1.839,000 373.000
In addition to the deposits above there
were mis veen ,,,.uuu,vw uwvfiiimciii c
IKisits, against which no reeertw Is required.
FOKEIGN EXCHANGE
New York, March 25. In the foreign
exchange market the only featuro was
Italian exchange, which showed a weak
er turn- In other exchanges the market
was entirely nomlna.1.
Quotations were!
Demand Bterllng 4.75, cables 4.7C7-16.
Klxty-day bills 1.73. ninety-day bills
4.70 Mi.- T
' .Frano cables E.71'4, checks 5.73 1,,
Lire cablea .75, checks 8.7614.
aulldera cables 481,, checks it.
tiwlM cablea 4,88V,. checks 4.50.
Pesetas cablea 25.60. check 25.4C.
S'oekbelm cablea 34. cJiecks Jl4',
fh(tU.nU oabla 12. abeaka Jl'W
i - .uUm 11 U - - Mist
i -"p,,b' . t : - y '
' " 5.. t .. rr .i
MONEY-LENDING KATES
MlW YORK. Jlcnev on call opened
at 5 per cent; high, 6, low, r; last, C;
closed 5'3 6 6. Ruling rate, &iv per cent
The market for time funds was un
do pref 38N 381, 3814 N
ritudebaker ... 45N 41 13',', 'J,
Sup hteel . . 33 33 31
linn Cp S. dim 15'i I3'i 13 N
Texas Co . ...113 140 1121, ",
lob rruduetu.. no'- 1816 30'-.- -H",
Union Pac . . I18N uu H8l, 4 "s
Un Alloy hteel. 36s, :jna-, as !, p,
Uu CgrMrs... H6 8 1 8ll8 .
Un Itv Im pf. II 11 11 IN
U h llld Alui.I'.J Il81i 12J (-1
i; S P.ubbei SIN 51 54'i I- N
u a sin k iter 12 I ij
U H hteel . 8N 86'3 80N 4 o;
do pref . I08 108 108 i'z
Utah Copper.. 78 76a, 779; 4 n,
do Sec Curp. 1.1 la 13 '',
Va Car Ch.m. 38N 384 38i 1..
Va lion CiC. 66', 661, 68', la,
Wabash .... 8 8 8
do pref A .. 11 ION 41 4 N
do pref B.. 22 22 22
Wctt Maryland 11 It 11
West Union Tel ft I III 01
Westlngh Mfg. I"? I') ION li
Woolworth . 110 110 1111 1
Worth P . M 38' :i81i 381 ..
Wilson Co . . l',i si' sin 2'3
White Motors. IJ I J 11 1
Wllys-Ovelland 17" 17 17 H N
E dlvld-nl Comp Tab Co. 1 llnrv
Co of N J. li! Anier Ail Client, l's . do
pref. l's
Mnreh
May .. .26 3
Julv ...2U 17
Illl.s
Munh .. .
May . . 21 on
Julv . . "J5.23
i-orh
INACTIVE NEW YOKK STOCKS M.W't Vik
111 ice
Corn was dull and heavy in tjmpatlo
with oats. Hsstiiig ordeis abrorbed
part of tho offerings and kept pi Ices
from losing more ground than they did.
'Iho cash artlclo also was easier, with
the demand conllncd laigely to local in
industries, but tenders wero only mod
erate. Tho weather continued favorablo for
Iho movement and receipts at interior
points weie heavy.
March coin ended No lower, at
51.273, bid Thn best on May Mat Jl.IC.
the bottom 51-254 and tho clote $l.'J5Ti,
against $1 "6 at tho end Saturday.
Leadlns futures ranced as follows:
baturday's
Op-sn High Loir Clone cloeo
Corn (new delivery)
March ..127a4 . .. "1.27 11.27',
May". . . 1 23', 1 26 l.SS'i tl.M'a 11 20's
Oats
March .. SUH l0' 80. "OO 00',
Maj . S3', bo M' S3, S3',
l,aru
NEW YORK COI'FEE SIAKKET
New York, March 23 Tho market for
corfee futures opened quite active today
and unchanged to an advauco of 6
points-, U10 distant position showing tho
greatest amount of llriiiucts duo to Wall
street covering.
SHARP RECOVERY
IN COTTON PRICES
21 07
23 3J
Following arc Quotations for Inactlvo
New York stocks and In which thcro
were no transactions today. Tho price
'.',w . . .- In. ni-A.,!,....., ..In.
INOIIlllldl
. . 26 13 12B 12
2(1 13 .'.! 23 211 22
L0.13 '20.2U 120 2O
... . 121 37 24 33
24 00 124. B7 124.03
23 30 23 3d 23.30
48 60 tt8.02
given is the last previous Ealo:
Vriiance Rum . 01, N V C t S U. .
SS7 JI. Kofi t T-:hli
i!".ef.Arf 110,. Norf i. West pf 79
16
SOU
Jo
Am Express JS'j -serin America . 44'J
mi smelt B .. Of. lena Bot no
xEer l?m Pi . & " Tel & Tel . 24',
tU,-. flusar of 100'a Pan-Am Iet nf nl 31
i...- .?...v. ---.- --.f,e D... -,- - -,-- ::,.
Changed in nclnt of inactivity todav ' Am .S V.IT. s.- rviri. 'i'V.'i." 3
and rates were nominal at 0 per cent, tho I Am T T 2d pf ." I'leree-Arrow pf am. J u
figure ruling for fixed date funds and Asso D a 1st pf 52 Press sti car nf nn'J ' a
prime mercantile paper at eastern llnan. AssoOll .... Bt'.s Readinc 1st pf. 35
clal centers and leading Interior points. I "'j"" "?, ggr! 8hattuek.Arls,,t 17
There was no evidence of new influences l Gtrrett Co " ! M " I a v" -s
In the market, Bth steel . 8y's Saxon Motors." n'l
Trlme bank acqmtancea were un- Wnnu?h?" l?,J &?$!,,. -HA
Cte.r. .House 10.5.000 70.000 -and brj per cent for Inellglbles. Iciuett-Pbdy Pf.-l'', stuts Mo"r" ." 4 u
m bank..... 1W 634 oo :g:5 . DealTngs In prime mercantile paper Col - ijjuth .. l h hupBteel 1st rf ?
were ngiit. sy: T rr. "., f.t i-U ,"' V" .""" ?.
I V,Vi Dm "" J. -
Tcvn A tCf
lfi
lrS.- STK tlMl. "7
1'IIII.ADELPHIA Call. 0 per cent; I Com Int Cat M 17'i Tobacco Pro nf 87'1
time, 5s4 (g, u per cent Commercial pa. pen Klo a n i iW CU. R t. 53
per, three to four months, 5 6 per I RiVPl'ter ilS . B8tJ ,J,n2rw5 V.-W
cent i six months, 6 per cent. i ftg g Biwl gff" 4T P.'- j,.
, den Chemical.. 155 Jn 4 p ill,
T nvnn-v ,!..,, ld HAl..,,rf .1 l' Oeneral Clear.. OS's irLil" 1- 1. w .r..
per cent, Discount rate for both bhort G'V Jf7. Biff oot! Hn.C?r sr rf.io?
and Uiree months' bills, 3 9-10 per cent, I ,,'rtnian rp f "nSt'i ?Ji
unchanged. - llUiana Elec.loi ,555 WA -d S -rS"
United Krult.,.123
BANK CLEARINGS
Bank clearings today compared with corre
sponding day last two years
1018 1917 1816
I'hlaf . .132.327.433 i46.S78.S67 120..-.K.1 1B1
LiiA-in, -i- ii. I ftaa ., dii .,ii . ,... ,,-d
r '--" ''. . .." I'r.'yy.. r".v-.."-. ....,. in .
N rorK 2I. 7H3 U12 318, HTil, 82 J 8.',40l,43l I
I Komestakfl
I lut Aarl prer
KB
4S'i
c-hlcaao.
Ht. lula
H2.1I.I4, 678
33.I73.S73
81.112.803 S3,M10,2i,',
1.UI1.1SI 1U.7U7.6UV
RAILROAD EARNINGS
CH1CAC.O. ST. VKVh. MINNEAPOLIS AND
OMAHA KAIUVAT COMfANV
j j , t -1'1T Increase
Tear ended December 31
Operatlns revenue,. 121,478,500 1621,223
Net .operut. revenue. 8,(18,19. 1,611.211
tlroas Income ,,..,.. 4,837,723 1,828,326
TOLEDO. 8T. LOUI8 AND WESTERN
H.cond week March. $187,103 14.800
From January 1..,, 1,111,7:8 101,511
UKII.M, j r
BUITALO, ROCCSTgll AND P1TT1S-
nt llareJi r J'VW United I'wBldi'j
oa Central... 28.. KSVn'.'n1..'. !?
teS'uh'Tli; 'i U S i1P
Lorlllard ...5. .185,, -aZ't . 80
Manhat EI .... s'i tl B Sni A ll pf 40
May Dent Htorea 60 ,-Car h pf.loljl
May Dept M pf.tOJ'i JVarren R U.. 8lJ
M ret prei.,, u, ,',.,. ' " vl "
ni
Mich Central. ..110 VveJla-Kargo ... 80
Mln b St I. uew 10 JJe.i Paclrto ,. 2(i
Morris Essex 8" JVesl Jtd 2d pf 2
M K t T r, Vtvs 1st pf 6414
M St 1 8 fl M 00., Wheel a. L lj". 10
jioiu rows
Acme
niseult
iilscuil pi. li"', wis cent gau
Nat ClU 8 Pf.lOOU D .,..,.,..;. 03
Nat Un Is fl pf 0914 ' "
r . T . 7; vvseel t L U rf 201,
.,.. 2 Wlllsa-j,er pf, 80
: .... 07'i Wilson Co nf.. nil
t lllscult Pf.110'1 Wis cent ..." ;u
rial iik s nun uw
iou
g
Nat
Tlilr.I vrtek March... I:,21T
BAR SILVER
Last '111 8
. .... ,TMr PVMond.y Hirh toT
1,4I L,n3gaflenceH 3'i it :
DIVIDENDS DECLARED
Fouthern California Edison Company, reg
ular quarterly of 11.73 on first preferred.
Payablo April 13 to stock of record March
" NiMlonal Tool Company, reaular quartetly
of 3 per cent on common and le, per cent
on preferred, both pa able April 1 to stock
of record March 22,
Locomobile Company of America, regular
quarterly of la, per cent on preferred, ray.
ablj April 1 to stock of reiord March 30.
Ooodjear Tire an! Rubber Company, reg
ular quarterly of le ier cent on nreterr.'n,
pavable April 1 to stock of record March 13
jonei e. inicasu j, turoau vonipanr. rvy.
lar nuarterly of la, per cent puvabo
Arrll 1 to atoelc of record March 20.
Commonwealth Light and Power Company,
regdlar quarterly of 1, per cent on pre-
terrea, pajaoie April .' 10 noiaers oi record
March 28
Kansas City. Fort Scott and Mertuihij
Railway Company, regular quarterly of 1
per ceni on preierreo irusi cernncaies. pav.
able April 1. Books close today and reopen
April 2.
General llreprooflng; Company regular
quarterly of 14, per cent on preferred and
common, both paable April 1 to stock of
record March 20.
Ohio Leather Company, regular quarterly
of 1', per cent on preferred and l's per
cent on common, payable April 1 to stock
of record March 23
Pennsylvania. Salt Manufacturing Com
pany, regular quarterly ot 2H per cent, pay.
able April 15 to stock of record March 30.
superior Steel Company, regular ;uar
terlv of l's per cent on common. 2 per cent
on nrst preferred and 2 per cent on second
preferred Common dividend is payable May
1 to atnek of record April 13 and preferred
dividends Mev 13 t sleek of reeved M-. l.
Chevrolet Motor company, usual quarterly
of 3 per cent, payable May 1 lo holders ot
record April 15.
Provident Life and Trust Company, reau.
lar quarterly of per cent, payable April 1
lo stock of record March 25.
Cotton Buyers and Sellers
New York, March 25. Hay . Wen
man, Newman, Schlll, Geer, Freeman,
Hartcom. Hubbard, Fulton and Hub
bard bid: llagedorn, Hellar. Russell,
Parrott, Glover, Martin, Itosenberg, Clif
ford and Young offered.
July Kusscll, Itlordan. Downs, lly.
man, Martin, Newman, Wilson, Glfford
und Jay bid; llagedorn, dirforii, Bclilll,
Cone, Hicks. Stelnbacher. Hellar. Par
rott, Schley, Hubbard und loung offered.
October Kelffer, Clumoene llagedorn,
Downs and Beliur bid : Watklns, Wlerck.
Hentr. llartcorn, Hicks) and Hubbard
offered. j
December Smith. Dixon and Martin
bl(Ts Ilussell and Mitchell offered. T
January Allen 'bid; Hartcom and
Parrott oKered, s
- - '
lodnv s Saturday's
opening clnje
Ausutt S.00W8.92
September b 03f 8 03 sii2fisn
Omober 8 05W8 07
November s osao oo
December OO'J'a'.i'is n (120.0 01
January n Ii5p0 07
1 ebruary :'.08su jo
March 8 Ml 8 30
April s 63
Miy 8 So v vi)
June SK1(ifRS7
July S BOB V3U S.S'JO S 00
(JOVERNMENT BONDS
Bid Ak
2o nstercd I9D0 Bit, Oi',
2s coupon 1830 07',
3n registered 1018 OV, 90'1
3n coupon 1018 US', no',
li registered 19.'.i lol'i 103',
4s coupon 1023 104',
.Is realstered 1016 80
3s coupon 1046 so
Panamu 2s registered 1036.. . 6'7 .,
ranama 2s registered 1038. . . 06', .,
Panama 3s registered 1001 ... 80 ,.
ranama 3o coupon SO ,,
Government's Local
Market Reports
This dally report Is stnt out bu the
Bureau of Markets of tho United States
Department of AffrlcuIfKre, Philadelphia
branch, with headquarters at SOO-SIJ In
surance Exchange Building.
, Mill ITS
ArPLES rer hbl. (10 to r.O qr. pke
New Turk. 13aldwlns, qualitv jalr. A grade,
2's-In , S3, A grade. 2', In, 14.75; un-
grariea. 2'j-ln i: unciaESinca. quality gen
erally good. $4 730.3, llreenlngo, A arade
2', -In . quality generally good, condition
variable. 14. 73(5 5 to. ungraded. 13.4064;
quality fair. $4 75'!t3 llubbanlstons. A
grade. 2', -In.. 14 50: Vlrslnlu Ben Davis,
V grade. 21, -In mostlv 1150: A grade.
1', -in . quality and condition variable. 13 30
v.M .a. uanos a 7ruae. au. winesape,
quality nnd condition good. A grade. 2'. .In
13 50. Per box Vlrulnia quality generally
sood, mostly scalded. Ben Davis, medlu-n
sizes, 11 50; Washington, quality generally
oou, tiu- THiiK-, lummiuu, iv inr?-,p3, lire,
sizes, 13U3.15; loudluui sizes. S2.1SS2.65;
ordlnarv qualitv, no early sales.
bTRA VI BERRILS Florida, per qt. (32-qt
crate), 35lS10c. H ,
VEGETABLES
ASPARAOUb South Carolina, per pot
fl Act. bunches) Colossal, large stalks, 47;
fancy, medium ctalks, 15. thin, JJ.75; very
thin. 12 25,
BEANS Florida, oer bush bskt. (12 to
16 qr. pks.) green J2W4 -
nEElb Per bbl. 123 to 35 qr, rks.). BOc
Jl.
CABBAOl.' Now York, per ton. Danish,
seed. S2U?25. Florida, per 14. bbl hmnr..
. ... . ... .l . ,.j .. - -. t.. ... --
uu .o nn ids, i jwn icu ijrc, ,,,o.
oocKtii.ao
CARP.OTP Per bbl. (25 to 33 qr.
washed. 11 sirl.23.
CAULIFLOWKK Cullfornla
dc headl. 1 1.23 (S 1.63: poorer. 2Sdinne
CnLCRT New York, washed, per bunch
(1 doz stalks). 201150c; llorlda. per crate
(6 tn 8 doz stalks), best, 11,4013 1,60, poor
DScSJIl f
CUCUMBERS Hothouse, per doz. 11.50
32: i'lorlda. per box (5 to 8 doz.). I1&7,
EGGPLANTS Florida, per crate, 2fc4
KALK Norfolk, per bbl. (20 to 2J qr.
pks) tHffl.10
LtTTUCi: Klorlaa. per hmpr. (3 to 3'i
doz. btads), S2n3i California, per crate .1
to 5 doz), J23G3; Arizona 12'j to 3',
doz ) 1 3Aoi 60.
MUSHROOMS Nearby, per lb. (3 to 4 lb.
btkts ) 330 a 15c
ONION& 5,Vw York anj eastern, per 100
lb sseks veilows '13a00c; poor, 45&60c.
PARSNIPr Nearby, var bbl. (S3 to 30 ur
PtiAS Kloe'ida, per bush. bskt. (H to 13
qr. nks ) S204
PEPPERS Florida, per crate, 12.501
' r6TATOES Very few sales, dei-und
slow ; bulk. 100 lbs,, Pennsylvania ami Nevv
50; flat, pool.
pks.),
per crate (1
York, 11.65H185t nearby
bskt.
35-,
33 lbs.), tlrsti
nee S4 Ki,.l.
50465c seconds, 25u
RADISHES Mississippi,
97 W7. 01.1 SOUlll
per bbl.
Ii Carolina,
(500
per
Siir.rheat
bush bskt . 19 25O2.50.
SPINACH Norfolk, per bbl. 120 to 22 qr.
fkj.). 11.706'2.:0; Texas, per bush., HOW
50c
MJUAnil r lorias, per nox. So,
SWEET POTATOES Nea. by.
nusn. oskl. (S to u qr.
TOMATOES Florida, per 6-bskt
fancy (108 to 144 tomatoes). 13.50
hv. , u
pks,). 75c0llt culls.
rate,
94.76-
cnoies ueii lomaiorsi, eatre.-.a; small poor,
TURNIPS Canadian, rutabagas, bulk,
per 100 lbs. VtPt. ' ""''
WATERCRESS Per buneb. lU02Uc
Gives President Broad Power
Washlnston, Mardi 25. The Senate
th's afternoon passed the bill designed
to speed up the aviation and shipping;
program by ctylnir the President broad
powera'o,er the lumber Induetry,
' ' rw ,
Fears That Banks Would Call
Loans on Staple Caused
Early Selling
torro.s iii.lt wrvniEK coNmnoMs
en York, .ilarch 23. The following
temperatures were recorded In tho colton
belt tills morning:
Nashville, lo; 1 orl f-mllb, 42: Abilene,
Meniphli und f hattniioocu. 111 Utile IfoiK,
Vllksliiirc, Merldlun, Iviiowllle. Atlanta
and llilmlngtoii, I6i Shrrveport. 18: Au
gusta and Charleston. 50i rcnucolu. Mont
gomery and r-aiunuuh. 52: r-au Antonio.
yew drleanv uml Thomusville, 54: Corpus
(hrldtl und Jael.soiivllle, out (mlve-iton.
01: lumpu, 70.
There was .07 Imli of pretlpllalloii nl
Aucuitu and ( haltjinongat 26 Inch ut
Vlliiuingtou, and .'to Inch ut 1 orl tmllU.
.Veil York, March 23.
Heavy selling pressure wao In evidence
as roon as tho gens sounded on tho
cotton exchange, and sales in May, tho
llrst option traded In, could not bo made
until tho offerings had. brought tho prlco
considerably under Saturday's closing.
'lhat mouth was 51 points lower ai
tho start, with others 25 to H pilnts off.
It was tho general lnipressiou around
the ring that tho selling was brought
about by tho tinfavorablo war news
of Sunday, but one or two olscrvcrs
made the point that fear of banks call
ing loans In cotton, which would affect
May more than any other position, prob
ably was a contributing factor
After tho call prlceo recovered rather
Eharply. and May within llo m!nute3
was up 14 points from tho initial price,
with other positions 5 t 8 points higher.
New Orleans and Liverpool wero both
good buyers on the curly decline, while
thero was it continued demand from
trade tources, which, with the forecasts
for general fair weather in the belt and
bullish spot advices, helped tho rally of
about 25 to 35 points from the lowest.
The volume of business tapered oft on
tho bulge und fluctuations were some
what Irregular, but the steady tono waa
encouraged by tho moro cheerful char
acter of the war news.
It Is reported that allotments of ov.ean
freight room for April shipments w ill bo
large and that the UrlUtli cotton trade
Is planning to petition tho Government
for Increased running tlmo In tho mills
and larger Importations.
Tho receipts at the ports for tho day
are estimated at 13,000 bales, compared
with 13.661 bales a week ago, 14,032
balea a jear ago and 13,861 bales Javo
years ago.
baturday's 11 30 1.30
close. Open p.ni 12 m p ni
May .... 3.'.9J 3." 50 32 (.0 32.03 3J.77
July .... 3.14 31.30 31.81 31.85 31.08
Oilober. 30 83 30.50 30 63 3111,7 30.75
December. 30.57 30.30 30 4(i 30 15 30 53
Liverpool Cotton
Llierpool, March 25. Spot cotton
was tlrm today with prices higher on
tho basis of 24.28d for middling, old
contract, an advance of 18 points. The
sales wero 6000 bales 1h receipts
were 30,000 bales, Including 27,700 bales
American futures were quiet In the
early dealings. Old contract, spot
prices'. American, middling fair, 2D.48d;
fair, 25.4Sd: good middling 24.80d: mid.
dllng, 24.78d; low middling. 23.75d:
good ordinary, 22.7od; ordinary, 22.7Sd;
ordinary, 22.23d.
Rcsenc Banks' Discount Rates
Official discount rates at the twelve
Federal Reserve banks wero as follows:
(The first column gives the rates for
all periods up to and Including tho fifteen-dry
maturity, the second for a
nerlod of sixteen to ninety davs. The
third und fourth columns give the fates
lor rediscounts ot collateral loans se
cured by Government bonds or notes.)
Coni'l paper Gov't paper
16 to 00 18 to 00
iaaas aaa
LOCAL MINING STOCKS
TONOPAH
Jim I'.utler
iiacamara
Midway
Mlzpah i;-u
Montana
Northern Htjr
Ileicue Eula
West Ulid
COLDl'IELD
Atldnta
Blue Hull
Iloolh ..
lilauiondtleld U li
Tialsy
Kevvdtian ..... ...... ..
Oro .
Sandstorm Kendall
Mlvei I'ltl.
MIfeCELLANEOUS
rlZOUH llnlte.l IK
Nevada Wonder 1.13
leLopa Mining ... 16
Itefincd Sugar Unchanged
ew lurk. March 23. Refined turard
arc unchanged, with local refiners quot.
ting tine granulated at 7.45c. Tin) Fed.
eral ii withdrawn, and the Warner with
drawn on granulated. Tho National el-
peets to offer some sugar later In the
day. Cuban raws arc unchanged at
6 003c. duly paid
i
Allen I own Man Killed by -Traiir
Alleiiloivn. I'a.. March 2S. Dtvld
IjerettJ storekeeper of the Pickrtii
storehouse of tho Lehigh Valley JUU-
road, while on his wav lo workt-thls
morning was struck by a loconjoUvs nd
iiisiauuy hincu no wus sixty years
old.
Banks
Boston .
New York .
Philadelphia .
Cleveland ....
Richmond
Atlanta .....
Chicago ......
St. Louis . ...
Minneapolis ..
Kansas City .
Dalla
Ban Francisco
4
3',
4
4
4
4
4
4
4
4
4
r,
4'.
t
-I
15 daja dsjs
4
4
4
4
Sit
ias
l'i 03
5-? I
4
.-Hi
3'i
Trust Co. to Merge With Bank
VTtMsburgh, March 25 Wltldn the
near future the Peonies Bank of Mr.
Keeiport will take over the McKeeBPort
Title and Trust Company. Tho Poo
plea Bank has. Increased Its capital from
1300,000 to 1600,000 and by absorbing
the trust company It will have capital
and aurulas of 11.200.000. li VV. Pitta.
president of the Peoples Bank organized I
the 'Institution In 1873. ; '
it
i'
h
Eld Aik
:5 il ft
.to .it f,
M M ft
.77 ..ii y ?y.
.10 ' it if
.04 .05 J. l
.01 ,J 5 I
.06 ,n.i fi
.01 ."3 At feS
.01 .01 frlfj i
.oi .dadri-
5iTO
.ti ?.m.-
''".
' ah
l
Home Efficiency-
Vr ivt-t el
1 1 lxBst
Is Increased br.ls-v
Hailing a Kestsie
Water Supply !
(em, which llTH
Sou an abunAsBt
supply of pure. rv
nlng water, mi'-.
hlsh 'preure.Mf-
operate nemiires
llttlo sttentlon.
Write for bUt
No. 3S.
TtBCxBxOS.Qk
I'lumblng & lleatlnj SosBUei
UISI'LAY BOOMS
41 to 50 North Sib f'
506 Arcb St.
-ifti
-".-.;.'-v.- -."."-r
CRUDE OIL ,
The World's dreiteet 'ecessltr
OKMULGEE
Producing & refining Co,
SINCLAIR OIL
rjpe line to Chicago compute
Why the fifty cent advanff -
Mld.Continen(al Crude OU7
. ASK US
'
a
Jb
re
JSP
rw
ItHREEin ONETl
Why should Oensral ?'?;.
nlrnl llnll.d MOtOrS ., I ' 1
eleven leidlna autoraobtU accw-,-sorlcs
eubsldlarlest
ASK US '
Winslow Tavlor & CW
Membera CeasoUdated 1
stock Kiehange of New w
rion nrM.n RnlMbifrV''
rillLAOBtVPHIA j J
Walnut 638U WallWflsjr-
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