Evening public ledger. (Philadelphia [Pa.]) 1914-1942, May 10, 1918, Final, Image 19

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EVENIHG PUBtlCf LEDGER-PHILADELPHIA tfRIftXYt
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HBTrroKTwgp
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xjl J.W, a-v- .. 'MV;r,wY-
GOSSIP OF THE STREET
PRESENT MARKET CONDITIONS
WILL
PHILADELPHIA MARKETS
GRAIN AND FLOUR
T I,-.-
. Th nu.itft.tln.iri
per liHTnpr
JERSEY COURT HOLDS
UP ELECTION FINDING
.t.ETTrci: North Carolina.
i.1. lo H' doxem. It Ann .;.-.. , irtjiiui.-
rtids. r,99 bushels. .VInJ,Vl"f,-i"t,,r-,'1" ',nivani '"" '",.,
.follows Car 1M. In (0.r'"''r.';..!?.?J,0- .... i - , i I'viwu.,. ,.f Pi...!.... A? f T ,. " 1 II !....
I VlATTIATTIIi1 li All li'll I'l'll V !. '. ""'"tor itiovernment standard ""? I ', ;'...-WrT"' "' '" ' -.-..-- ... ui'"" x "it uuiLtsi vsmis null lic.ivv nil-
Tn ,jt , ,-, .-o, TTTinn,1 V"7"'": A. rY-ft v.r-'.-vJTi , xiMat -i,., ir i.;.i'?of:rtition. , tc.. i i-m:ciui-uii unnecessary ny jcciiics lo Uc iilatic lor
IS BELIEF OF BROKERS HEREIHMPW'T H,ffia,ffi--V "yor War Department
Js'.VmI-"' .!' 'l'!i,",".'!!"J'JJ' PEAS North Carolina, per hush, harnner
Snnm TT. 1 1. r IT . . i.. TJ..M 1 S'"VJW-" it " " ,-,JI ' hampers im i - qr twkii. .:. Trenton. .May 10. .Mi tiro Trcnebard Washington. Mny 10.
OOI11C UlleaSiriCSS relt UVCr KUIUOICU llierea&e 111 Kail- P5.(.;iurnrmlm p,,0nly to b : l '-Vl.Mnt!-nliln" VTrcrat": fancy. roerve.1 riccMon upon the application rVrretnry of Wnr linker bai. completed
road Rates Pending Expected Announce. $&$S7& l"5!'SWfi. "W .Tof II JJJ ,2 KriJlXS;:
n . .1 o. . J.?:l .r "t moisture to 13.A wff.nl mot;. bWs . ( j L'Lr .Htl i ?;.'.M J'.3' v ' T! lift ' . . Uf nlKl"st0" m Preside nt of tcm w, umIertnn to construct anil
niClll xjOSSllI Ol Hie SireCl Nn.'V.oft red l"l M.xtiWm pH" con-' I :.::.: S:; ii'siiiir iiuil .Vr Hi . ie .w .Ter.-cv I.uor Penln.' Anno- equip, for the (!o eminent, a mod
ordnance n atit.
U.S. STEEL TO BUILD
BIG ORDNANCE PLANT
PUBLICSERVICECO;
ORDERED TO REPORT
Utilities Commission Demands
That Railways Concern
Give Data
TinrlLU tlicie was a good ileal of discussion over the cabinet crisis In
Hnglaml on the Street nml In brokers' oltlco yesterday, there nni
only ono opinion as to the final outcome. lP to the close of the stock
market no news hail been iccclveil of the debate In the House of Com.
monn. There was no Indication that the matter bad Influenced the market
In the least. If any Influence could Imvu been traced It would have been
favorable, ns the whole list was unusually stroiiK, especially In the last
half hour, with Cnlled States Steel leading nt the close at 107U-
A majority of the bankers mid brokers whose opinions on tho
splendid market conditions now prevailing were asked said they expect
present conditions to continue for &ome time to come, with the usual
flight declines In Eomo of tho weaker Issues on prolU-tnklng. Wlint
surprises most of the financiers Is tho absorbing power which the stock
market Is showing: and this H not confined to one or two Issues, but
virtually to the wholo list.
Tliero Is ntlll some anxiety es to the rumored Increase In railroad
rates, which was mentioned In thl. column some days ngo. There Is nn
reason In doubf that such nn announcement will be made soon, and
when It Is made that it will receive favorable comment. In the mean
time rails arc steadily advancing In pi Ice,
Attention jciterday seemed to be centeicil mine on the Industrials
than the rails, but according to some well-Informed llnnncleis this order
will sboilly bo reversed. Uond houses that deal lirgely In railroad bunds
say that all good railroad bonds are lncrcn,lnc In price, with it supply
out of all proportion to the demand. Equipment stocks also came In for
consldeuible attention, with substantial advances In almost every case.
Siaklng of the cabinet crisis In Kngland yesterday, an unusually
well lin'ormcd banker gave his personal opinion that tho whole discus
slun In Kngland Is being manufactured for special consumption In Ger
many. He did not look upon It very seriously and expressed himself as
not being In the least disturbed as to tho rcsujt on the financial markets.
Improved Demand J or Sliorl-Tvrm Notes
A well-known banking and Investment bouse which specializes in
short-term notes says that the demand shows an improvement each day,
especially since the close of the Liberty Loan campaign.
Prices tiro also steadily advancing, It maintains. As exnmples.
General KIcctrlu lis were quoted esterday at lUO'.i to yield 5.70 per cent.
The Procter & Gamble 7s of Jlarch, 19L'!. were 102'j to yield C.-IO per
cent. All the Issues In this scries are now quoted above par, tho quota
tions ranging from 100f'J to 192'a, depending on the date of maturity.
Tho Wlnchestfr Repeating Arms notes were 03r' to Icld 7 1-3 per cent,
and Cuban and American Sugar s of January, Uil9, were at par, with no
offerings ut that price.
It was said on the Street today that u prominent railroad company
Is about to offer an issue of short-term notes. Negotiations for the
sale of this Issue are said to be near completion, but at present It is not
possible to state If any of the local houses will take part. It Is said
that these railroad notes will probably be offered on u basis to yield
between OV. and 7 per cent. It Is generally conceded that the market
la now In u good position to absorb them.
There Is also some tall; in tho financial district of several Industrial
and public service corporations that must soon seek financial assist
ance, and the feeling prevails that the only method at present of accom
plishing such results Is through short-term financing with attractive
yields.
...
Arrangements have been completed for tho offering of $3,500,000
bonds by the city of Philadelphia and bids will bo opened on Slay L'7.
The rate of interest will be 4,,a per cent, the rate having been raised
from 4 per cent by the City Council. This Issue has been passed by tho
capital Issues committee at Washington, but without approval of merits,
,s?curlty or legality, The Issue comprises one entire authorized loan and
u part of another. Tho former $2,500,000 Is for the payment of man
damuses Issued for the condemnation of lands for public purposes, and
tho latter $3,000,000 la part of a loan of $42,430,737 to be used for the
erection of the new public library building.
Railroad Situation Never Better
A leading local brokerage house in u review of the present market
conditions says:
Considering tho renewed German offensive und tho heavy profit
taking this week, especially In the steel shares, the market Is acting very
well. The steel stocks having had a very good Inning In a comparatively
short space of time. 'It Is only natural that attention should be directed
to tho railroads, which have participated to only a small extent In the
:,n;,r..0...1..'" No. 3 rJ,
-- ; ri, i
.n, 4 wh.it tir.ii.m ,H. O unclr
No 1
ipr
1CT. IS. tew
b'lnrh, iM'i :.
IS. '-:.' I No. 3 Vrk Unite.! Htutn
limner
v J ' wnti-Max ni'im Trie W unar iimmmii irr
, -iP . - UlirilAltH"-nrb t-T l.utifh. J1!;.'
i '' J- r-r r.nt molitor. rte nlfr 7:..il .,.,. I tlnue to be sold. -Mr. Schrll.Ie was 1ei-
M4-im?M..-No' ? r"1 -- Nn. '1"' '-.11. MflNi,l Norfolk l'r 11 -' " --, 'T . ,, ,, , , ., ,
i iilr V".n! "r,r" roiitKlnlnif not ov-r 14 7 pMki. l tntilM I'mm-vunnla. ur ini"... ies"iit.'d by Ilnrry Heller ami the bor-
Lw" sV.f'r.a 1.1: ..ii'-siwr-ftJiiH-'sSri m.a!w'"" ,;omu" ' Scnatc,r Jam" "m-
Jl" ". T'lee eoiit-lnlm not mrr 1.", nr lent K,..h i....Lri i ii or wrtil. tirl
i mo nmr. bn . ,. . " . " ... - - .... i v-T ... . -.-
' II, V - tirni-r .n i, or io. u i,u, ,
-..'" -No. ft .nil r-,l 15.1-
1 In U ,nit.nh,:t- Itundi-J nn merlH. but
, M.I.J vl'. "H. l"'e lie hlcher th.n 1c
'T' 1 of th- nubclas. r-pr-i.nted.
I ,v IlV.,r wheat. V.u, .hll be it..termlned
or each ..0101. h..i- r.e is- ibb .m tih.
Jl.r.OH
Veirnrli. V. 4., Jlny 10. The Tublle
Service Klectrle f'ompany Ims been
ordered by the Public Utilities Commis
sion to file Immediately Its 1917 report,
due April 1. Marshall Van Winkle.
em 1 counsel for the municipalities that are
ing.it tic tie I'ulilla Service Hallways
The plant Is to be erected "on n site application ror an Increase in fares.
In tllA Inlnrln- ,.f II. a ...,.. " lh. -- I lletl1fini1nl tile tirnilllrtli,n nt the rennrt
election lii the borough on June I. to de- , Department ainioiinced. The 'site has nnl .and other d.ita whlen he needed for his
tcimliie whether or not liquor shall con- been sebited. Nn (Minute of the cost case.
i was given. I i nonius .n .ici arter, pre siilent or tne
The fact that tlie r!nerninenl Is tr. Public Senlee Corporation, said that
beKin this neldltlon tn the nrdnancc pro- Mr Van Winkle's demand was a dlsln
ductlnn fnellltles of the tintlnii gave Rennoiis llislnualloll that came close to
PRAISES DESK 'y
rrlt of certiorari to re-
leiv n prtltlon c.illlnir for n fpeclal
IIIOllll.
In addition to conlcnillui; that
the
1 tt T, .! J l'll.l j nn. Il.hil.k(t ITMle.
.,-... '.i . 'L.. ...,. ui.' i'.i.i i,t.-il. fnnr.
IV! .Miua.s:,. ihoiee. It 75 3'-: l'tw. '' local option I.uv of last winter Is uu
nml Iholre. 7r.i'IMIl
LlH-R.
nl"h7rnr"trt'. ."'I.349 hinlieln. There
JV.-.-Ih"" ,lrBhnit na values were iin
jlutiteil .uotntlon. iVir Ion for loial
.1atLX,4. ?"lov. 11.73.
i,.l ..Tis7""c'!''t. 77,n:i7 bushels. Tho mit
rf.iii11"1 "'nl''. hut trmle v,is nulet Uuo.
!.i ?n 'o..n- .'-' while. sr,iiiie; -tnmlnrit
vJ'i .1:,i",5.r' No' ' "Kite. MOst'.c.
ei.ui Itneeelpts, lo.,-.)0 lbs In s.rks
Til ItlB-l.. ..,..,..'. ... .' ... .... ...
K. . ."n ,lr 'lemanil. Uuotnllnni: To anlve.
I Per inn p81.k, m.,. ,ntInn .net,.
i ii "- rtwhrt. inn ,,.. oent neur. Itu .1
1 iii"V'.':, . .ntln" whMl. Inn per rent Hour.
I ii -'iji'.,- 'l,rl'ilt wheal. Inn I-.T lent nour
'...,';V15.r'J:ol,M wss quiet bin s(em". We
unlit" ,l-f"3",' I'" bt,l. In saeUs. as to
1'ROVISIONS
i,T.h." m"kt rule I flrni. with .n fair
, jobbing uVtruncI for most uYserlptinns
I ollnnlnc iiri- Ihr nuot.itluhs. I'm l"f
111 ""Is. sniokej nil uir ilrleit. 3 lie Votern
j bvr. In stK. arnnkeil. .II'.,-. I'll" Wef
Kruckles nml toiler-, aulikeil an.I air ilr'nl
1 stnulje.l
w'TlMR'l!i:s Ne'iirbv lerbumh. 1't T , loti.tlliltlorinl. Mr. lleher asserted that
,TnitMi:uiNS--norl.t. mI.v earh there is no necessity for placing upon
AffTION" tAl.KS VKSTKIttiAV I tho boiough the exense of a special
AI't'l.Ks Northwestern, per bush bm. election, ns the two lintels within the
Nn:!';w.n!';.J'-' ii!".;-',!" , h., n-a to i:,0 munlcltmllly were granted licenses
In'IS'jtVfc.lts !"iirrMht! SIS lnlV which will expire In January of next
IV'.Srttt II 4.i. tlo I..." in o-i i' "."'. ,-... ,' year, linn uu mailer wiini ine icsuu oi
the election they will l entltleil. under
the act, to continue In business until the
7n, fnllfornla
hoxl. l V.V(7 il.i
II 2."W7.II5. Jo CJ.V) to
iiitAfi:i-ItllT--Vlor.Ju
In bnxi. 1.1 infill mi.
per bo t-" '" "'" ';
.'. ' ..-., - -in In imn.
I(l ,,,.. ... -.-. .-, ... rt,-
ajl in lion. -1 -".
. . 1 --rtlentlnn nt llielr Hi'tivfl
,-r bux tHIlo .1 Coun.ei Ka. that members nf the
- - borough Council were among the signers
.of the pitltlnns for the special elec
tion anil subsequently passril upon the
1IIGHEU COTTON PKICKS
iti uii'n i IV 1JAII ll()1)S sumcleiiey of that document. Another
lil.AMl'.H t It.'tli.nu.iu. ,!,., r!, iaile was that they weic o'er-
. zealous 111 the Interests of obtaining the
Believe Tli.it Heltrr Transportation ' tequlslt(. number of signers and that
.. ..,., w.,,,1,1 I nuer l'rcent l'ie cntidueted a meeting at which time
( oudllions Would l.ow.r 1 ri tKVtrM Hiiinges were made In the pell-
(uolaliolis tlon after the notarv hud alllxed bis
Col ton :ll dealers lepoi the lat i.ame and --enl and had taken the oath
dcM 'n Hi'- line, accorii- , oi ine tiiinoi.-. .ii.ui.hui-, um iiruiimis.
niMed oonflrmntlnn to recent dispatches
that the Administration was making
all Us plans for a war of several years'
duration. It is obvious that big uuns
cannot be turned out of the proposed
plant for many months, and the step
was said by War Department otllelals to
Indicate that nothing Is to be left undone
to guarantee heavy artillery supeilorlty
over the Germans
The announcement stated that "can
non of the largest calibers will he manu
factured, as well as heaiy projectiles In
large quantities." The department
added :
"A committee formed fi mil officer of
the carpoiatlon nut? Its subsidiary com
IMtilea, men fitted by education and ex
perience, will b In liiimeilhite charge nf
he work These men will receive lo
'nipeusnlton for their services The
plant Is to be built, equipped und oper
ated at the expense of tne Government
tin. I'nitei? States Ktcel t'orpora
tlon without preflt
"While the 1'nlted St.ltts Steel Cor
poiMlou. like other steel manufacturers.
Is full of work and has always gladly
undertaken prodtirtlnn of finished mate
rials wanted liy the iloiernment. It was
being an Insult. He announced that
only such papers would be supplied as
are specifically ordered by the Utili
ties Commls'.loti. Commissioner Hlocum
called attention to the rules and said
the report should have been filed April
1. Percy Young, lco president, prom
ised to produce It Immediately.
Mr. Van Winkle Fald that when his
engineer attempted to get figures from
tho Public Service Corporation ho was
told he couid not havo them because
they might contuse him.
.Mr Van Winkle asked for figures
showing the amount of current sold by
tho electric company for municipal and
commercial lighting nnd commercial and
miscellaneous power from January I.
PJlli. to April 1. 1!H8, nnd also show
ing the coat of new units recently In
stalled and other Improvements at the
l?e, Pel th Amboy, llurllngton. Ha'
Way. Gloucester and Port Newark power
stations.
New York Alderman Dead
Allentnwn, r.. May in. Tfenry
Admiral McGow.n Say,' Are t
ble Man In Trencher'
-.... . ,. -. t.-'
w amngion. April -j. ittnr
Samuel McOownn, paymasters'!
and head of the Nary Division
piles and Accounts, de:!ore th,'l
Ineton desk worker In wartime aH
as much credit as the man iM'J
trenches. Many members of thea
live departments' clerical forcMfa
savs. are working ten. twelve or I
teen hours a day. Jtj
Conditions have charged mat
the. admiral eajs, since the dayi
tne war, , sijj
"In those days," he declares. fl
tor. Impressed by the great sixec
State. War and Navy Building, tte
a watchman to ascertain Its dlmeft
Ills curiosity was gratified, and thW3
asaen -now many wori nere7 w,-i
"Not more than half of Vin." th--
mlral eavs was the cynical renlv. 'C'
: : i
a
CLKAN UP CAPITOL PAl
e.j
Harrisliurp Ofiicial Puts Lilt of3
lluililiufts Up at Auction ,i
It.rrlsburr. May 10. The last
637 buildings In the Capitol Park M
sion zone win do put. up at punilo
tion tomorrow ai ine apiioj. xner
three frame buildings to be sold. '
ore near the State Library, ond one i
recently was occupied ny a saloon. 7
are still n dozen buildings In tha
to be rated.
niipenntendent Shrelner. of theI
iinrtioeiit of Public Grounds nnrl Ru!
Ings. Is planting an acrs of the nan
acquireo lann in grass. Tins wni.M t
most costly grass plot In the city, as t
lann in ine pain cAieiisiuii nas avcra
BU,UUU nil MV.lt:. ,
".'. lUef hams. SiT,. Pork, fain- week being ver HUM .11 I"'" "ne. """ , "...' , ... . ' nersttudcd hv the Seorelarv nf Wnr to Sebrml. sexentv-nlllH veiim nli. n mem.
il -n I'e'-i HW' .s'. '' 'ViT'to..1; ".V- Inir to I lie weekly tiatte review for the, l-aiiiri. ' I" J ..l',, ,nZ,",,, ,, undertiike this additional task, which It her of the New- York Hoard of Alder
l.lo.do " unokei'i f1?''ohi?K' u 1 1. I,t lii ! G Dun .x. Co .quired b law and fal ore I., obtain the patriotically agretd to do. and has placed men but a. lesldent of Allentown for
! smckeV mUeureJ '' o'bran. and r- I , . ,le , ,.ni has been -n"l number of slimcrs to call the its l,st energies and the strength of Its I nearly a quarter of a century. Is dead
sse. villi gaoi... liVm, amiluert weStern ! Huslness to a large cMent has neen ,a, etoetlon vveie also alleged as re.i- ernnomlc iovtlon at the disposal nf the i of pneumonia. His aged wife Is ilunger-
eur,i. v'b1. H 31 '.c. do bo'lliil, boneless. I3e. of u hand-to-mouth nature, large orders
.l.-mokeT'Se"- flin,1:. WU ',,:-':,ia: !,n the exception. P. ices are still
.... .. ... : . ". " " . -
utt .w airn-KP, ll'll. ;JJ
llroak
Hntl?rn. rrNnu.1 aTi!Mil. J P.I i.ura ...... .- i. .. .,.. .,..1 t ( dill f.l
cl.y. Uclefeilere,r,7yj7.1c.--'" '"'' ' . ""r.L". '' " ,. - "7, e -
lack of
to averece. leo-e. av'.- llreakf.lst liienn. i,i-,. ,vltb no softening tendency.
akf.V,TV,i..n:,"r"ruV'c,J. iHjr'-lJrd: Th lush price-, to some extent are
sne
sons rnr ine wru
Wnr Department.'
lously 111 also with pneumonia.
i GFfFnn
i,. i iiii
11- aJfJHpJPJXJftV
1 im?i
or i . . ill I
1(1 1 V V
QA5RAN(
43 STYLUS, from
"cookers" to th. htap
Iowa. Ttemarkabfy. 1
nrleea. Both phone,;-;-:
wm. inoi
K-n 1
S4-SI V. Sil t,''"rj
ri:i'ini:o sugars
upiilles wire sunn and the m.xrkpt ruv.l
steady on u basis of 7 I.V for istra tine
1,'liiuulati'il
DAIRY PRODUCTS
CIIKrjSK The market rillfd llrm on fine
"lock, for whlili there was n no id outlet.
The nuotatlons railKe.1 as follows. New York,
ivhlle-tnllk, fancy. V'.V'j , . specials higher;
New- Vork whole-milk, fair lo Rood. :,
IILTTKlt In fair demand and th- mar
ket ruled ateatlv nt lh- late decline, yon-latlolis-
SoIM-packed ereanierv. extra. 4.ie:
do. hlnher scnrlnit lots. 4iljil7r. enira firsts
lie. firsts. 43e S'i'Oni. 4ll4L'e. iisarbx
prints, fancy, extra. 4Hc- fancv brand" lou
bl.ia nt .-.o''i.v.v. ,xtra nrsts. I7f4s,-. tirts.
lI'Mrte. seconds II '; t:b: uarltiky. SWifi 4.'c
I. (SUM Demand was onl moderate and
the market w is a shade eaaler und,'r more
liberal offerlnss Quotations. Free rases,
nearby first-. Ill In per standard ease, cur
rent ree-ipts llilil.X per c-tse: wr.tern
extri first- IlLvTi p-r raae. firsts. Ilo so
ta-r case, fancv selected ra-iis were Jobbing
at 4JSI lie per dozen ,
POULTRY
LIVE Trade was slow and prices of fowls
were lower under fairlv liberal offerings,
Quotations: fowls. :i-it :i2'i e, eprlntr chick
ens weighing 1 iuv lbs. apiece. oHSUJc.
w-elphlns 'a Pa lb apiece. ."iV.'.X.Xe Htaaa
una roosters. v'4ff ITll. . old roo.ters. VJf?
Me. Ducks I'ckln, V's:iuc. do. Indian
Huulier. -USf"7o Oeese, "."ilivdc llulneas,
per pair, Jl .:.n l.iir. Plceons, old per
pair. ni(c-i..c; no. loun?, per pair. "J&wauc
1 DflKKMKD The market rule.t firm, with
demand eiiual to lh- offerlncs of oholie
slock Th- nuotallons were as follows
I Kresh-Mlleil fowls, in bbls . fan. y. drs
1 picked, wrtghlmr t lbs and over apiece.
1.17c, smaller sues .IIICSUc Old rooster.
dry-picked. V'Oe. Frozen fowls, 12 to box,
I milk-fed. dry-picked, fancy selected. 35c.
. do. welBhlnK 4 lbs. and oxer nplece, 3Xci do.
weighing SH lbs. apiece. 32Gf3tc. do, welch
. lntr 3 lbs. aclei e. nuTr31cl frozen fowls. In
bbls., fancy, drv-pkktd, weluhlna 4 lbs. and
over apiece. 31c: do. weiuhtnif 3' lb.,
apiece. 3'Jfj33:: do. smaller sizes. V!sifr3oc.
frozen Lroiiina cnickens. weianine l it;
i duties, noil the
incut contrucis ratner man
yarns. It Is believed that belter trans- f
portatlon conditions would materially re
lieve the present isceptlonally high
irlcee
Manufacturers of men'a '"'ting have
had n atlsf.ictoiy nason and ale will j
sold up. Material', however, imitlnue
to be high and leported sx-arce, and
prices for some time past have been
steadllv advancing in tne manufactuinl
garment, Jobbers of woolen and cotton
goods continue to trade to a consider
able extent among themselves There
continues a scarcity of merchandise
Hosiery, underwear and knit good
Jobbers have done a large business din
ing the. last season Mannfiututcrs of
drises reoort bnslnes quite active at
present There Is a little more activity
at this time among shirtwaist manufac
turers, but the season's business thus far
has not come up to expectation
Continuing, the lev lew rays-
"There appeals to be coiisiiUiiible ac
tlvitv In tho hardware line Puichases
are in large quantities and lepresent all
grades of material, and tn some branches
the demand exceeded the supply, nnd It
Is believed that the present activity will
continue during the summer season
Prices remain firm and collections good.
"The electrical trade reporis consid
erable activity ill household specialty
and Increased volume of business In con
nection with building opel allon work
Manufacturers are well employed lurgrly
on Government, work Jobbers nnd re
tailers are busy Prices are reported
firm and collections fair
'The stove trade Is quiet as regards
staple goods-, but supplemental heating
apparatus is moving freely. Foundries
lbs. apiece, western. 'lOSHvic: roasting ' are operating to nooui .m per cent ra
chlckens. western. In boxes, wel.hlnr 4a oacltv. Jobbers and retailers nre well
I lb., and over apiece, 35c; do. vvelimtnc 4 employed. Prices are reported steady,
lbs apiece. 334t31c; do. weighing jPj lbs. .,h ,, upward tendency, and collections
apiece. 3lr8Vo; do. welching 'Ji ttn hs ' ",',,.. ii,,n imiiiiivenient
apiece, wa.luci roastlnu chickens, western. "rKLho,1"?,m,J ","-, f niii.,i.. ..m.
In bbl. . vvelxhlnt l' lbs. and over apiece. "The leather market continues active
33,:, do, welshing 3Vjili4 lbs, apiece. MIMiiind prices steady, ulnzcd kid Is In
a.'c; u weighing :!5(J3 lbs. apiece, '.'Sfl ! demand nnd prices- ate firm. Manufac-
. Sue. Turkeys, nearby, dry-plckvd. but, , turers are working on orders ill hand
ive.iSJn' ,ffJrJi.rt,i !,&.,f.rik,''fi ll here Is llttlo flee, rtoelt on liand
I good 5sdSiieWCtuiie old-mn. 31? do Shoe dealers report only moderate sates
foin.non. SftHssc ' 'fWi.ib diieK.? CJl?i I "-Millinery houses state their orders
Island. 40M4'Jc. Snuata. per duz. White, , are In larger amounts than In some
1 weighing 11 to 12 lbs. per dozen. I77. V.Xi former years and collections are fair
! ."iJ'-t wflhln ''" 1" Its. per doz IU.2J I . n the lumber market conditions re
.i, uu. Mi-iKiit.m r. iu, uri u.'-.,..iv ,., ,1 uoniirtii ncr I't'lc-H urn li oh nn.l
.X.75; do, w-etghlng 7 lbs. per duz
io, weigninc nilli lbs. per u
8.V5; dark, II (T2; small and No.
TRESH FRUITS
Jiai.r.o. I
nVtih-! , nn Government orders and a special per
mit must be ohtalned for shipment of
these, and In a number or cases the Gov
ernment la making purchases direct from
the mills.
"In the bituminous coal market condi
tions- have not changed materially The
Strawberries were n shade easier, but
ihotce lots of other kinds of fruit vvera
pretty well cleaned up at tltm prkes. Quo.
"oVSV Ari.6?.XYl.ri4riVViMpriw nuoted Is J3.05 at the mines, ae
Itusjct. Itiiii; Oano, I3j 4.7.1. Hen Davis, the car supply has been fair. In tho i
3.r.ulMi. Apples, w-fsuTii, per box wine, unthraclto market there has been no I
umvnrd movement. Tho rnllrouu situation from a btockliolder'u stand If3' '!B2' ,..2l,UWnurff .fl-JliwAv".0l?; recent chance in prices, -j ne cur bup
point was never better than at present. After many denials by the Inter- Newtown pippin, l..Mijv ;,u. tlano. l 73ft 1 '' If. "'V ,.,, innilcatlon hi orderlnir
Ktate Commerce Commission the roods are about to get a substantial In- ' iftii-du 8.1. i-r e -bush basket. 2r.el .. their winter supply and three days ore
crease In freight and passenger rates under Government management, j ?6r yXT ,K n m.h" The pflc''varwlth
This nivalis, of course, tlmt instcutl of tho nppalllnjr net earnings wit- HTahW. rtn. aururnia. r-r box, $4. ; jn i arouB dealers about ninety c-iit n ton,
ncssed since tho first of tho year, largo gains will be shown when tho ,7 Urapefrult. Florida, per box. -;'. pSal $7 bo- n und eiuve $9 GO- e"g
.,, ...t.odnlA tnlieii effect. To bo sure, the Government ha tn t,.n,l l '"'IT!''. .,r !.uy. Per .rale, M " 1 s9gi
HVH nviimuiv .. ..-.. -, -- ...... v ....u.,,., ,,, i.lilll. LOrOHnillei L'xr l'IW. fUlfl. fllU"- T :.
I
the gap for any deficiency on tho terms of tho suurantee; nevertheless,
more buyers ure found for blocks when earnings reports are good than
when they nre bad. Another thing which Is going to help the railroads
very considerably Is the Immense wheat crop, tho indications being that
this will turn out to bo one of the largest ever grown. The German forces
seem to bo making somi progress In tho Ypres sector, but no ope appar
ently apprehends serious results, ulthough the friction among tho volitlcal
parties In Kngland may create the Impression In tho minds of some per
rons that all Is not well on the battlefront, UnJer tho circumstances
tho market la behaving well."
IVtcnaniit. pel
berries, Tenne.see, per nt.. '.'(I2.ic, do,
North Carolina, p-r ut., 2i'ft2."ic. do. Nor
folk, per ut,, 'jofiv'Sc Watermelon., Flor
ida, per ino, 11114173.
VEGETAHLKS
ivai unlet, with m
amid, offerings at revised futures. Quota
lions: White potatoes. Jersey, per -biiahe
basket (33 lbs.) No. 1. SOU .Vie: No. V. !.',
Tha market was quiet, with moderate but
wuiun-
ie
SJ'
2.1c; white poiutoes. per Iiiii lbs. Pennsyl
vania. Iiiicft 11.13. New York. U0cBlt.tr.;
white potatoes, Florida, per bbl, No. 1.
IV. 7.1 3.2.-.. Nn. 2. ISBV.S5: white potatoes,
Florida, per bush-l hamper or lwx 75ws.ic.
white potatoes. Florida, per lnO-lb. bag
No. 1. II T.Mt'.'.VSi No 2. tltU Wl. sweet
, potatoes, Jersey, per -uusriri basaei i.ia
lbs.) No. 1, ll.IAOt.A0: No. S. 4(1(1 00.
sweet potatoes. Jersey, lier hamper No I.
II 5OOI.V0. No. 2. .V SI.'JS; c-lery, Flor
ida, per crate. 1344. lettuce, Norfolk, per
hamper, 11,'J.Mfi 2.V3; lettuce. North Caro
lina, per hamper, ll.V'.ld 2..1IH l-ttuce, siouth
(arollnu, per haiinwr. I1..VK1 2.23; cauli
flower. California, per crate. II ( 2.30; egg-
I plant. Florida, per box, 12(14; eggplant.
I I'uban per box, 4113. cucumbers, Florida.
I per lirsket. 13 ."03, squash, Florida, per
irate. I1.M41.73. spinach. Norfolk. Pjr
I bbl.. SSV '.'to: kale. Norfolk, per bbl.. ltd
l.AOs beans. Florida per hamper, 12(12.73,
, beans, Couth Carolina per hamper. IVW3:
hens. Florida, per crate. I1.3HM2. beets.
Houth Carolina )er li" uuuvnee, ,iih.i
peas, Houth Carolina, per hamper. I2((S.
1 peas, North Carolina fer liaiuper. I2.S-1 I
a.Afl; peas. .Mississippi, pef hamper, 2.7.X(T i
a. .a: iieiiner. i-iuitu-, i--. .-,...-, ...-..
ojrr,oei eahbage.
rutabagas, Hill lbs... Ailc
i.ta ,.. t.-r l.slcet.
Florida, new. per bbl.. crate 7.yfl..VI, cab.
I,-,. Miilt I'arnlli.n and Norfo k. per t.bl.-
erat- 7Aci'!l.AU- nidous, per lUOdb. ban.
10cltl onions, Texas, new-. p;reart No.
I, ,Aiil I TAi No. 2. II. SAW l.AOs water,
cress, per Kin bunches, IIU2; mushrooms,
per lb..ilAU33e
Industrial Situation Satisfactory
The atay letter of tho Natlonul City Company Is unusually Interest
ing and Informative. Starting with un exhuustlvo review ns to where
responsibility for tho war nhould be placed, it deals generally with economic
conditions, governmental finance and United States securities In a broad,
liberal manner.
Under the lieadlns "Concentrating on War Work" it says: -
"The entire Industrial situation Is coming Into more satisfactory
aliupe its wur work usauniei Its proper proportions and production for '
ordinary consumption shrinks correspondingly. The country Is being i
organized to the one greut jiurposo which Is now supreme. Less than a
year ugo people wcro arguing that tho war rcquliemcnts could be met I
by speeding up and enlarging tho capacity of tho Industries, allowing
other consumption to go on us usual. It was even sald'tliat 5 or 10 per !
cent of tho capacity of the steel works and about the same share of the
capacity of the textile mills would take care of the war requirements, but I
today It I realized that tho 'Government can use virtually tho entire
capacity of the steel Industry, all of tho woolen mills and a very large
percentage of the coton goods capacity, and all of the man-power that
can be possibly had. Xot one day's work can the country afford to spare
to unnecessary things while the line wavers in France. Nonessential ;
industries and relatively unimportant ones are being converted to lm. 1
portant wort Through the reorganized War Industries Board the guid
ing hand of the Government Is reaching Into every locality and every
business and: co-ordinating all agencies to the task In hand. This Is as
it should be and must be. for the result of the war will depend upon'
superiority In Industrial concentration. Germany Is ruthlessly shutting
down small works and concentrating machinery and labor where It can
bo used to the beat advantage. Kecent figures show that of 1700 weav
ing and spinning mills only seventy are still working ut high pressure;
)n the boot and shoe Industry 300, factories are all that remain out of
1400, and In tho oil industry fifteen, establishments out of 71'0. Of course,
these reductions are not wholly due to concentration; a shortage of raw'
materials Is largely responsible.
"Between now and tho ouenlng of another winter It Is expected
that the facilities nnd methods of transportation will lm very much im-
V,. proved. The co-ordination of tho railways wjll be worljfed out, terminal f,MiVBsJiVisciVcuiii: sto'li"""' ,SW
j? 'conditions will be bettered, cars will bo built and the water lines will bo I "'nKANSVlorids. pjr bsh bask'st ni to
itHhtdnto use. Tho new Krte Canal Is now open In virtually Its entire is M cWriestoii, is.aoea.M. ' T
!?Z. .i .. .-i . k.. .,.- 1..-.J i ...i i.i t . iii.-i.-th south Carolina, per bunch. aBTc.
uas-ucsa taivcM u.w ujr .uu i-cucisi auuiui lues tur use in -.-:?.-.... . ... r. .!... .. ,no
-'',-. ,i.e' ...... .- .... . i , cAunaub puui.1 .';,. V . -7.
urge win. tie conairucuMi.aua.iBk and .. to imp b. i?st.-Vi. "?.?..?
!- iii-ijji -. .-. --1. .- . i' v.is- oiwfWvr-i-.r"tsTi. hi
Spot coffee prices are unchanged In
tho absence of demand. Scatclty of1
freight account1 for few- offers on cost
nnd freight basis. Futures are steady
Theie Is, however, some confusion as
to rigid Government regulation regal d
Ing distribution, Tea Is quiet, with firm
tone on account of small visible sup
plies. Sugar Is quiet, owing to lack of
proper distribution." .
DIVIDENDS DECLARED
Manhattan Shirt Company, regular nuar I
(erly of Hi per cent on common, pavabl.
May '.'A to stock of record May IS. i
Continental Motors Company, regular
ni'arlerly of 14 per cent on common, pa-,
able May 23 to stock of record May is '
Nile. - llement Pond Company, recutar i
quarterly of IS per cent on nreferred and ,
3 per cent on common The common Is pav
able Juno 2(1 lo stock of record June 3 und
preferred Mey 20 to stock of record Mav "
Maxwell Motor Company. Ine , quarterlv t
of II. 73 a. share on flr.t preferred, payable
in first preferred dividend certificates de
liverable Julv i to holdera of record at the
close of buslne.s June 14.
West Philadelphia Title and Trust Com
rany, semiannual of tl per cent, payable t
, unr .u ..u.n v, imi , S.
CLOSING LIVESTOCK I'lUCCS
ClilfHio, M- in, HCulS JUrelpta to.
l m J.'i.oort IiphiI, tomorrow. Itl.ono htitil.
hob mow niii i nifuir inn ntertM)"ti
..'STii ' e rr.l. ' l-A'S lurnins Cu l" rlH.2.V. mixed III..VIW IK.'.'Si heavy. Iin.81
.b.r"1'ri.r.r."n,'. .rrfteaiVraCbi.e? F& Mrt.suO 17.10; good to
Government's Local ,
Market Reports
t daily report it ent out in.
uu of Market! of the United Statei
rtment of Agriculture, l'hlladelvhia
h. with htadiiunrtrre at iOO-iti
Thte datlv report h ent out ty th
Bureau
Devart
lirfliirh
luratica Kxchanae Uuildtna.
(Whel.sule price, on Urge lot. to jobb.ri.1
FltUlTS
API'I.KS Very few offerings. No bbl.,
nose., Yellow N.wtowns. I2.25U2.73.
PBAC1IFS Oeorsia M.iflow.rs. t)-bnskt
crates I4W4.A0.
PINEAPPLK8 rorto r.lco. per irate (21
to 4 pine.), U.7AO3 30.
STIlAWIlEnRlKS P.r ot. Norts Csro.
Una (J-J-ut. crate). Klondvke. and M U.lori.
arks. 2302301 poor. OS1c. .Norfj k '.U
nd llll ut. cratf.l. Klordnke. and Mis. on
urles, 2AV30ci poor, in02ie.
VEOKTAtlLKS
ASPAHAO'tS Nearby, green, per bunch
I'
unnil l.i
Choice. 117.11(1(1 1R. 13.
CATTLE rtecelrls today. 4000 lie,d: to
morrow l.MHi head. Strong. Top, 117,30.
SHEEP Itecelnt. today. Ilillll) head. ,
Steady. Top. I1S..V1 jjamb., top, I2O.S0.
Kansas rll. Mav 10. CATTLE He-
otints. 1301) he.d. Market strung. I
HOUS Itec.lpt. 5000 head. Mostly 0c i
higher.
HHnnP Itecelpls, lfiOO head. Market
steady, '
South Omaha. May in. HOOS Reclpli,
6300 head. elv. lo jno higher. '
CATTLE ItecelDts. 120U hsad. Five to
lOo htgh-r, i
BUEKP Receipt., 1201) htad. Steady.
NEW YORK BUTTER 4ND EGGS I
New York. May 10. 11UTTKR Itecrlpts. '
i.ii udi, isimi -iioiitt. wuoiaiion. un
changed.
EOOS Hecelnts. 2T.M'! eases. Market
firm. Extra firsts. 87374cl brown egis,
3uixl0c; mixed, 3Q3Srj other, unchanged.
CHICAGO BUTTER AND ECCS
Chimin. May 10. nirrTERnrept.. I
5431 tnh. Market uncharged, I
F.fia.'' lee.pt, 1H.091) t.scs. i;xtr
firsts. 2Hff'tc. lrm I
Philadelphia Arrivals
at New York Hotels
Trad. Kepreseutxtlie.
Blaun.r'. -MUs Raker, Jobs) knit gooJi:
Miss W'l.. Jobs, silk wslstat , K.mholi
loL., .Ilk dre.se.t Mr. mv.r.' iiiw und.r-
veear. fall ljve: 13 Ka.t Tw.nty-.lxtb
-.". !" ,.,-.
"'! .Wl
United States Tires
are Good Tires
F2)l'f . s FI Vl? llUllUI wsjMia!w. m u nsr3asg'aseaggc3B-rg ' "i i is. ....uica3gMcgB . M
fill i LA 1 IP. flllHW . ' ' ' ' " " ' ' ' , Sn-Si , ' , r-n- !
Iffllfipii , n i sfrsTii m
1 1; Ll ' Jk I t a VI III I !' 2 ' , ' tail ll"""r.9 ial
ui'lrtiWatm II IsJI II Ii I i SZ kv.-xT" i tMaaav -, r Ik
It fii WEm la- fiTTTn ill ii u sSS .. 2) rr l.h I i- y ,
IP I if I ll: luIJl fill flf . 4 . i-i iii-i . (T, bill II KaajS. -i
Vt, T.'I Cli-lrli II III 1 f " - I.I i ' N i
fir IJItI'I Rrrn ! 1 RffMlfi! l! ''!? r ,ESL-r- - 1h . LiP!' j'l KfcT T5? 1
H wH 11- II I III ill iiri tt s .aS"--?? ' . " 5!i!iiiM ,--.'i ' V
OllH JPP&!iMMAr B T -?& xTBS4a ...-i" I
E Iiii ILLn U We'. II I ifll l IL.I' Zi. ' ' ' nys-nn' nui . . ivianxiiii iai em uuii i
(H K 1 1H iM'i'iriiiy'rlrVw'KIhryjr7u7--Ull A?ssss 1 : ?5 ISeSlB im3T- r. e.
mimM llll ItgstSs-'Ss 'aiigi'sgarg B?k- r I
flllralli f-I" "'.VIlPifTTSIir
HI lira m IiIbHIh ffll ulllii' 5 iiviiiiif frwiimn-wTiw ! Jji i wo 'tsSiTiskmhrJ, ) ebL rniC LJ?riJiS5ifKPSiiSM
In 1 4 T3 Ssr4sli
ill IP H v-7 'ir-- ,j&&0tt1' vd S?W
PHMH yffi'ir"' fix
)iiiWlBMvimoWl(9 f -"-e- j-r -y ii i --r unrr mJvxviII i Us--. VI
iilvDliHBI!HtliBWi r v 1 i -i V a s.nn i v& jwiii frMiiii 'W- H
l-llvrafflllKrs'(iiMl " T-igefTit"f ftn n..v -VUiJ .."C Jj' liiiriiu tglvll ... J
gBlliiaHMliBKaTOfn?nnl ii i i i i in ii ; i i i i "ii Mi ! '! in IT iraaVBM
WclMftmMeSWrvvV i ' You need it more.
The Real Meaning of
Tire-buying Economy
Your car must give greater service
this year than ever before.
most mileage at lowest mill
cost.
VJI
,.'ie
m
United States Tubes and
Tire Accessories Have All
the Sterling Worth and Wear that
Make United States Tires
Supreme.
It speeds up your work increases
your working power.
The highest car economy lies in
utmost service.
The most economical tires are those
which will give you greatest use of
your car.
That's just what United States Tires
will do for you.
You can depend on them for con
tinuous service,
'Nobby' 'Chain' 'Royal Cord' 'Useo' 'Plain1
Buy your tires on the sound bi
nocc Ho etc rlnminrlorl Kir tirnr ftmAta Vr
F.miin with United States Tiro.V
1 r --- --.w. ri
, ,. .. . ,. . . &!
i nere are uve united states trwl
One will exactly fit your oarticii
conditions of motoring. "fe
Our nearest Sales and Service
dealer will be glad to assist youTj
selection.
Ask, his advice.
,.
,1
Vx-' '
PHILADELPHIA
!-j4- -J: ' ""-.e-J-'
BRANCH
ij-tUV-e-sr'
:.-xi.
Qj-
.... J.XZZ.tJS
tt'&V2ki)M
- Uit--
Alt,'- ,.
E3HL3