F?WHgSM'JYl rTi"Ty jjT 'wfitB finMCiAl world Mwyork ANEi Philadelphia stock market prt jHFmiirsircwai )SELL TO SHORTS ON NEW i'STOCK 'CHANGE, AND PRICES tOVE IN OPPOSITE DIRECTIONS i Activities Are Resumed and Market Responds Quickly to Bullish Efforts Distillers Soars $$ and Is Most Prominent Feature mgn roinis m i iuiyr a iiiium-mi iuji" ce or stocks moved In opposite rflrccfloiis on Ihc -ctw 1 nrfc mock npe tcjien shorf gold fo shorts. Vlstillcrs piomlnriif, tcllh big ! , tptcard frenrf hadcrf on the O-urb. Cam uai lower. Heavy selling iyirop tor cotton. The A'fio York Mceklv hunk statement shounl In 1 In average and actual loans, while average t nerves decreased and ,.4VrtuaI increased. Bank clearings throughout the lountrv thl week I above corresponding week of lant year, but below previous ueek. Hat ' was unchanged In A'cto York and London c New York Stock Sales Utah Ainu Oolfl Mln 1 Allls-t'lialm Co SI do prrf .... Hil Am Hect Sub. m Am Can . . 4.1K, Am Car & l-'tlj- n. Am int Corp. . ni Am Ice Sec . . . 31 do prof .... Am Linseed . 8.114 Am Iewnmbtlve 07 Hi 'lo prrf ... , os'4 Aiti .Malt . . 8's, do pref . II Am .Smelt Ine 2ii i vm sum Toll Am stool Kclrv Am Suirnr , Am Tel & Tel I Am Wool Am Zinc fc l.il ISU ' AiiHcomlii ni'ji i Atchison H.l Mil Const 1,1 tie Hi Net l,ew Clod thg 1 11 ., BOH 31 Is 831. 8.1V, ,,V 7SV4 7IVi 9i 1.1 4.1 7y, inn f.ji n:i ni i'.4 UPWARD TREND HALTS IN TRADING ON CURB .11 sV4 ' mi at fi'H M!i 3.1 f (. 11(11, 00T1 4- '. Few Stocks Move Pabt High Prices Established Earlier in the Week nvi mil. 8Vs KV. ' I New Yolk. May 11. II 41 IVi The Curl, market showed Increased out Hlti Bl'fc llrt iiii.iii with nettto irntllne In some lin'fc IUMi ll?V4 B ! 'sstios. hut few stocks moved rat the 0.1 " ". ..-. i lilpii tirtA nini.iitiiiAi in the nrecedinK pnrt of the week anil there was an n 31',", New Vorli, May 11. fcrTradlng In tho stock market was restricted to a sreat extent to efforts tithe Interests committed to the short side to sell their outstanding nc- its as speedily as possible, without calculating how much loss jnlsht J Entailed or what the position of their accounts might he after their ta had been brought In. An understanding pievalled that some l.irne uutnt.indlnB shorts 111 , States Steel common had been settled privntelv. Tiadlnc In other 'Industrials consisted almost wholly In shorts wiling tn shorts, therw ; little supply of long stocks, and advances cntiseil b.v one bear element dnr Induced other bear traders to nut out new lines of shorts. EyPool activities, however, were resumed, with tho market In a position FTpond quickly to any bullish cffortH either by nianipiiutlvp pools or itment buyers. 0;DUtlllers was the most prominent feature In Ihe tni'lim?, advinclug rly 3 points to above CO, while stocks like American Ice, liiteniatloii.il 1 and American Linseed moved up from 1 tn - point. K-Tbere was a special demand for Corn Products, coming from banking rests, with that stock moving up from 40Vs to )-', new high record for Bt years. American Sugar neflnlng was another strong featuie, ron- BK Us upward movement with n guln of 2'i points to 114. 7& ;Nearly all the Interest In the bond market was attached to tho trading I the new Liberty 4Us. Those bonds continued pressed for sale by nut-of- banklnc Institutions, and. after otienltlr at 'J 40. ilroinied tn 9S 2D k:u LVINESS IN CASH CORN PRICES HEAVY SELLING SENDS COTTON PRICES DOWN Atl II 1. Itf I do pref nj I iiaiii iico h:, I H.ilto & Ohio Mt H.irrett Co iMU'i I Helh Stel ii hoi. m I r pref Kiel" i Ilrook Itap Tr III Hurni Hro.i . la Ilutte fop A; , 11 'al I'clmlvutn l' do pref . noli 'nnaill.iu 1'ac 115'n 'entral leather iihi, do pref . tin Orro do r.nro 3I" I'lles At Ohm r.Hiii "hie t;t v pf iPj Chic M A St p ui,, do pref kit Chit Ac Norlhw i',j 'hl III :i I do (lir pf t c f,i(i ('hill Copper int, Chlno Con Cop lai, I 'til Fiit'l ft lion I3li 'Col Uat S. i:iet 31 , li'tmt (m ' Corn PiodurtH Ci do pref . . !iht Crui llile Steel in Culi.i Cane Sng XH iln pref . . hi ', I I, & V ins HlMtllerN Serur tiOVt l.'rlo . ni,, do 1st pief . . 30', Oastnn Wins 3T i nen i;iec i o lis 'lien Motors do tref !lt Northern pf til I do Ore stihs 31 OleenetCan Cop 12 lOuir States stl Ion lnt Agrleultuie IS',. nm in?! iiivi -".i 0SV4 n tin Mi 4- ',(, ai'H rtl'H !, l.'i -t ' Ml h ,- nj n: i "t PRODUCTION OF STEEL UP TO HIGH AVERAGE Percentage of Operation for the Entire Industry Is About 90 Per Cent Sales in Philadelphia !.ni ClnM 4 A ',4 4 KJ M tA2 ton 40 t iV ri Nt ebr" 4-lH A New Tork, May 11. Production of steel plants of this country In the last week It estimated In the trade to have been at the high est nverago reached In more than a year. It Is figured that for the entire Industry I Km 14 HiK'n Hi't HO ;.;; IliiVi lull 111 13! n 'n 1: IK '4 le.irnm-n of a disposition to halt In lhotne ticrcentnco of operation Is about upward moNement for a time I SH to 110 per cent, with somo of the This condition pretnlled eell In the rtK companies, principally lite war stocks, which had been still active it.SC, stBtpa u,..i nornoration and Ihe since the beslnnlnR of the week and , )MnlenM) SUoI Corporation, working at I mono issues snowed '.iil.v ii1"ii.-inpariv nc - rent It Is generally believed that this good 1A en 25ii ' 2", .. t" It 3 3 41 86A Hiii f4 cliBtntes after the two hours' trading .X I II Aelnn r.,i,.o,t frnn, till to 13 II . T ., ......... -- v VVrlerit-lnrl ti runireil r Dtp to JU uu through ihe forenoon's dealings 1-ske , S. ',4 not Mfl'J, inn in 133 n A 11 u 4 Hill 4 I'll showing Is due directly to the pledge given by Urn steel men to J. I, Iteploglc, -I It, ha j' 1 juaia. 0 li .... . -.. Torpedo, after opening at 5 V drtpped crnmen(i , get ('h(j hm poMl))e 0(Jt of There was falling oft It. the demand ' 'belr Plants so that the Ooveinment can for Li tinnm. l.l..l. sold at 46 "'assure i or us neens lor war purposes and 45. United States Stemshlp continu- Thero Is no steel or Iron to be had uni. urn. I'i rd Arm. se ng at 6i and bi cniien , ."."."""""- """ ?...."' n:; s 4 , Motors was steady, selling at 23 is n,H r,''". . 1." m ., "' ,ms ,"a' lol im ., Vjlnjv i ture hao been taken with the exception 31 3U4 ' linlnc Issues conerallv were steady I "r Pow'bly a few for products which are JIN MH, - fc I J "'' I u'" ,RS ' 3 r 35 and n.1 "T""'.1 '"' . purposes, but tho liiy, llTi Mnthir Lode, new stock, at 4T :)',', li ' ! IMil'.STUIAI. II 1M, Hit. 'I I V..I rlo-0 t Opens Lower, Due to ( Predicted Cold Wave Kails to i fctf'fti,,,,, tiling for Continental Ac- ..counti Oats Drops do pref 1 Insplr Copper Inter-Cons Cp lut Mer Marine j do pief I Internl Paper . lnt Nickel Kennecott Cop Materialize Drop of 21) to 65 Points Occurs , rlili-ntn. Mav 11 IVlnees In the cash position and weather In the vesi DrouKoi If some selling, part of it. ror fltal account, and as a result .the tinarket opened lower this morning. started at 1.27 Vt, and hem ai lire during the early dealings, ?;Julv. after an initial sale at t, rose to f 1.44!t and then dropped 4nt. ' Loral operators sold, una the only demand came from seal- ' commission houses. The receipts ay amounted to 178 cars. started ?io lower for May, at I to 73 He, and July at 66c to 65?c, ot positions dropped about D 'under considerable selling, re nt weaker cash position. i was no export demand and the (lo cash demand was light. At limes some ston loss orders finally 3 the Burplus selling out ot the l. "The receipts here today were H' . . . . uroceipis or wneat at .Minneapolis uutn amounted to 169 cars, com- with 147 cars last week, and 238 l,year agtij at Winnipeg 100 cars. izz cars a week ago, and 733 :vear: at Chicago 11 cars, ran- t'Wkh 5 cars last. week, and Kfi .IM. year. aOtnt futures unxed as follawi ,' Vest. .. ' UMn Yilffll Ijltlt I'lnM ..tuft rn (nw delivery) p.,-, 1.27V4 1.37H 1.27411.271. 1.27H t.w- 1.4i 1.44', 1.42H 1.43t 1.4.'i. 73, 60 23 NO r.5SS.77 1 ' 54.15 Zf.2l.Vl 4i.7 4K.7S I .-j.r UTAlltcu 73 2.1 R5 : Si. 80 24. IS 24. eu 44.7S 45.00 72 Si. 72T4 74H 00 ". 23 2X 2.') 27 23.00 23. W 23 92 '21 02 24 40 121.4(1 44.70 144.70 45.15 MS 13 2.1 (17 2S.02 24.2.1 24 7J I.V'JO 4S 73 Me Tetro I MldUlle Sted I Missouri Par .Vat Acme I Nat Con A Cn I New 1 1 T AV M New ork. Mav II I N.PW n,r,K ,rT.nt J?? H'anlhBf .nni1ltlmiu ..nlled lien t u..lT i. ... " ?' V'.'V '"""-' " ... . - - ' .orinern imc Ing In the cotton market, and. although oh o (i.is there were rall'ps from time to time, I'enn It It the market could not hold, because 1'cal . ' nest operators apparently took n. bearish view i ' " L ?' , and made offerings hs soon as upturns i, mP(.i clr progressed 1 Ity Sleel Spr At one time reports of firm spot mar- Hay 1 on Cop kets in the South caused a rally, but this !;''rflJi"c- .,,. was lest, and at tho end net losses of 25 1 OVfl Dutoi to 65 points were recorded. I Sinclair Oil Failure of the predicted cold weatliei 'Southern P.ic in the Southwest to materallze. led to , Southern H It tienT Kalllnc- lit Ihn nnanln tnrlfll- nml I (It! PTCf -' r. - ",. t-,...ll..l... lllll-M.llr 4P, Ill I7'' 31V, 17vi 1 tlrct lirlnaa ,.&rA . ... Q 1r.lntc. Int. np ...r-v I'l.vn t D m wt u i, I'.jii.Ln iunl (J,.., J. ..I Seasonably high temperaturs prevailed Ttnn'cp & I'm over the entire belt, with prospects for Texas Co unsettled conditions nod possibly show-, Vob Pioducts Union Pacific . Un Allo Stl. I'n Clg Stis . Vn Ity Inv do pief . r S lnd Alco IT S Itubber IT S Sin A. II f f S Steel do pief I'tall Coppei Va Car Chein Wa basil do pief A do pref 11 West I'll Tel Cotton Iluvers anil Seller Westlnghouse New ork. May 1 1 -July-Morrison. I W"J ' V! ""' Sellar, niordan. Parrott. nifford. Wolffe. I . t r.V i"i V,. ... ,n TIIn1 Y ... f.-l...l.ll '. I WII."On VII .. .!,, ...io, irti jyiiiiunii it nu i..l H.(lv..i- ,1 ll.-l 2Tn 38 L K.l(, 13 13 31'j 7n 1 mi HS, 181, 31) "Pi KIV 3814 1.1 anl, a Jii 118 U3, nn'4 7HV4 7IM4 IUV4 3IT IJ' 1(11 11 47 Vi .1.1 V4 7' 2.1 (IJVii 41 29 33 81', VI S. 7 IS 2ii .13 i 1.1 , 21 s;i-i .'I'I1! II 28T 3 411'i, (III Vj r. 2.H 81. 87 1 7(l' 27 8.1', 23 till-', 37 I3'(i 17 lift', nu 20T .1H1 Vi 4 S, 'i f ' 4 V, 4 2 v 1 '. t 4 I'n 'l 4 1 t 21, ' lVS ,11 714 2.1 III Hi 30 .13 U Ml, .10 (IT, l!',J 2i, 33 111 21 K7'i 4111) 41 211 ftl I I'i III flfl-ll SJri H(l, 88T sn 28 8.1 23 !! 37 1 m 17 l.M '111, 1(1-1 41 13 V, 3I'4 70 11 IIS li 'i :ii HI", in.i fln', 11 3(1 '. .11 118 122 U I'lVi 5l 30 12 inn t-l i.i' 1 '. iW 4 .11 d 7', , -t 31 sn 4 .11 !H 1-H l!)'4 4 V 23'i 31 4 '4 lli'i U 21 4-1 72 3 1 ' i H 111. I 11 3 3V4 in I Artn.i l.xploMves Am Hrlt Mfg . . . Am Mnrconl Am Writing Paper Air Itediictlon .. . . 8 Canadian Car Co . 2S do nref 73 Chatconl Iron .... 7 Vt Chevrolet Mutors . . .118 Cramp 72 Curtlss Acrnplnue . 31 C.irwcn Tool . . h Carbon Steel 1 1 i Kinerson Plion 2 ',4 I-'ederal live Iletidee Mfg 1 Inter-I.ube wathodloti Ilronzo pf Lake Torp Hoat Lehigh Coal Sales . Lima Ikii Maxim Munitions . . . Marlln Arms N Y Slilpbldg Nor Amer Tap Pulp Otis rjewitm- . . Pfcrltss Motor -" "i ' . I'UIHH I, UK mi, 4 1 'scrlpps-Hooili ,! ., s 's Kresge w I I'I', 4 Vl Sliimlnrit MrilfiPQ St. el AIIovh . Sulimarino St .Io.epli Lead Todd Shipbuilding Triangle Klini . I'nlt Profit Sharing . I" S Steamship ' Pulled Motors ,, I'nlted Sugar ! World's Film t ?.' Wrlght-Mortln Air ' Zinc Concrete I ' " sr.i.Mi Mill on, Illinois .. I8ii Ohio 331 Prallle Pipe . .373 Stand Oil C.il . .211 Stand Oil N .1 . . ..lis Stand OH N Y ,2m IMII.I-I.MII.NT Oil Aflt 1 1 Si n .ir, 2 '4 72 31 78 K 121 Kll 3IV4 II 1 1.1 3 .1 20 IkhIx) 13 total of such business, if there has been any, l tiulto Insignificant and has no bearing whatever on the trade. Tim labor situation Is giving anxiety tn s-onio steel companies. There has been a strike at the plant of the Bethle-' hem Steel Corporation, but officials of I that company sny reports from lleth lelicm havo been exaggerated, and the men aro drifting back dally The meeting between Director of Shipbuilding Charles M Schwab, and 1 shipbuilding Interests, as well ns steel HI! loo Am Can.. 4.114 00 Haiti I,oco 87 n . h 1 0 110 Lieu Stor 40V4 tien Aspu . . . . 2118 Lk Sp Cp I0V4, 18 OO 1.CI1 .NV., (10 00 Leh Val lOMIdvale,. 48T. 48 40Penn II It 44 44 140 Phlhi Lleo 2' 23 20 P If T t o Si'it SWi Ih Tract .. 80 Phil & XV It 8 43 Heading. . 86 Jlli 23 Ton I!el.. 3 3 t Ton Mill 3 3 12 I'n Tract 41 40 24 I' C, I . . Rnv. tiAii. 1.1 1' '' .V .1 18BU 180VI 16D 2130 1' S Steel 100 108 100 vvnr 1 Acts . ts .. West Coal . . tie . . (Quotation given Is yesterday's close. Total sales. A2ftS hhrn-en. rAtfirmrerl with 13,202 shares Je.terdnl Uli week, S 7, 01.1 tuiaresi iat week, 13,100 slmi-en. 110MIS Net .,., , High Low Clos ch 400OClty Paris 6s . 80 1000 City 4s '43 OJiJl 2000 Llee tt V Tr 4s . 72', loon Lib Pond 3'jm . . 08.70 DS.70 08.70 . . 17S0 do 4s .. (1.1.80 03.80 03.30. 180 do 1st 4s 0.1,70 113.70 08.70 ,10 2200 do 4 'is 08.30 08.10 98.30 .10 2000 Pa Co ens 4'jS'CO D7Vt 07U 07V4 '4 3 Mi y 4- 74 88 93 Ti 80 03H 73 H 13 M BUSINESS FALLS OFF IN LOCAL STOCK EXCHANGE TRADING, WITH ' MOST CHANGES IN-PRICES SMALL . ToIbI sales, $14,100. rnmpnretl with 837, i?'L'.i!,'d', ' lhl' ""' 8IS7.0O0I last week Local Bid and Ashed Ton III. I Ask Amtrlran Mores 1 trill J (l llufT.il.i & Husq t r 113 ilu prf . 47 llnlilnlu . . . H7 L'Ueln kUini.. Ulli makers and fabricators, lecently. It IsUlencrnl Anphnlt II believed will do much to cast aside thei,.'1" rref . n ..irti.i.i-.. ..1.11. . . . Kestnne Tp ephono H uiiiiuuuiev wtin-ii ere encouniereu ny 1 nn t e . . .10 Yesterda v Hid Atk 7 41 (12 411 47 s.7'4 Sj'i nn 4u 11 14 51! 4S 8V4 S ers In the Southwest tonight As rain Is not needed In that part of the belt at present, there was a little covering after the start, which rallied the market about 20 points from the low. helped also by reports of vn Arm spots In the South 24 12.1 II 111 V 17 s, 180 .17 4 111 14 28 .13 1114 (in Ik .1(1 21 14 8(1 88 7-1 28 8.1 23 fillji 37 43 j, 17 I. Ill (II 1 2.1V j I IV, 111 .1 811 13 70 in .1 1.1 11 All 13 8(1 12 I 18 1.1 8 I'i V nv, 2.1 3(1 ' in 8 81 Ifl '4 8d 13 a4 .in in I shipyards In getting their steel require-' Lake superior Corp 1H 16'4 I menls. The system of distributing or- l-tG!B& J,Al!Ta."on !!!! ,!, ,..,., .!... .1.1 I l..i..- "-"" .I""" "" "" 1 'inn i;s iiinn,).! ujiniun ci ifLfllirit ' i nna th rhanso now made, under Mhlch I.rhtgh Vnlky Tr tlO pTTE , -i nt ..1.. . . ... . i"rnriFUiiari Li . . 44 . i enaui mius win supply certain ? arcis. Phllsd-iphla Lleo . ii'i 11 , Is a step taken In the right direction ' rmiailelphu Co. . sn ' i Somo large orders for steel rails for1 ! ! "'' ""' f"J 21 the railroads of this country are likely to Phibi n T t c '. . siij 1 be announced within n comparatively Hestllng . . . S'l'n fhort time, according to good opinions Zh iiininS h In the steel trnde It is known that nuny of the carriers of this country are In need of rails lo replace those which have been In service longer than usually required heretofore, but In the past few years tho roads, because of falling revenues, have been unable to carry out replacements, so that this will now be done under government control Ihr plate output of this country will be Increased shortly by the beginning of operations at the plant of tho Lukens Steel Company. The new mill will be ln 10 jglen a "try-out" shortly and It Is ex 2 1 pected will be put Into regular operation some time late in June or early In JuJJ The capacity of the plant Is from 500 to (iOO tons per day 17 8.1 13 18 'Si in 87 n 2.1 v, 3.1 niT 44'i 31 2! 3 41', cn'i fin en no 17 311 44 SS'i 4Vl l.i In 8'i nnii in 37 44 21'. Home Shares Arc Neglected and United States Steel Common Is Sparingly Dealt In New Liberty Bonds Show an Upward Tendency There was n dull and generally uninteresting opening on the Philadelphia Stock Exchange today, ns compared with the nctlvo and upward Inclined market the last half of tho week, and the"Tltiuncla! district found little to dis cuss In the half-day's transactions. Outside of nn advance of 2 points to 1S9H for United Companies of New Jersey, ono of the usually Inactive stocks, on n small sale, and a. drop of 3 points to 5 for Philadelphia and Western, price chunges were small, but showed a tendency to higher levels. A Rmall turnover occurred In United Slates Steel common, with Its price fractionally higher, American Can came out at 4SH, up J, and Union Trac tion scored a gain of the same oinount uomo shares were general!:' unchanged, with Electric Storage Battery and Philadelphia Electric taking the leadership soon nfter the opening. Thesa Issues were steady nt last night's closing quotations, ns were Transit Certifi cates and Lehigh Navigation. A trilling sale of Tonopah Mining -was re coided at 3, up a fraction. Near the close Philadelphia Electric gained a little, and JJaldwln Locomotive scored nn advance of 1U to S". There was only n small turnover of the new- 4l,i per cent Liberty Bonds, but they were a little stronger, advancing n shlgh ns DS.BO, as compared with 9SZ0 when the market closed yesterday. Other Liberty Loan issues and other bonds were quiet,, Traffic Conditions in East Fair Officials of railroads operating eastward from Chicago and St. Louts state that traffic conditions nre all that could he expected, In times such ai the present when so much equipment Is required for Government purposes and likewise war materials. However, In spite of congested conditions, tho domestic trade In eastern territory Is being fairly well taken care of because of the elimination of nonessentials. To measure tho greatness of trade, It must be figured that essentials have reached a point where they exclude all unnecessary productions, whereas, only a. few years ago both classes of goods constituted the entire volume, Business generally continues active In those sections, being restricted some what by a shortage of labor, n 23 Union Traction 4 1 nitetl tiaa Imn .. i l t.'nlted Mali's Mitel HIST. Km YorkHnv . . 7Vv ' do rtif 31 32 Win Cramp A Sons. 7.1 so 3.' 31 21 'i L'H SI! sill, 3 A 3S J' 3 40', 41 nil nn'i Ins'i Hiss 7'-a "4 31 .U 7.1 Ml PHILADELPHIA MARKETS I- ! 2 , ' f 4 1 !) VVMrrdas a rloae Open lllsli I,ou Clot" tonus ry . 211 .10 2.1 3n 2.1 3i u.i nil 21 no July . 20 .10 2(1 4.1 2.4i 2.1 no 2'i en Ottober 21 S3 21 8H 2.1 (11 21.20 21 (11 December 2.1 73 23 40 23 50 2.1 07 2.1 12 III'i'h 107 1111 110 82 '4 82 New man. Peers bid ; Klnstcln. Ilym.m, Ilurnett. Segal. I'linn. urooKs. iiarueit, iiartcorn. Ilagedorn and (tilford offered. October (Hover, S-sal Newman, (llf ford, Martin and Iiartcorn bid, Kllnn, Kumell offered Janu.irv Wilson bid Hanger, Mor rison and Newman offered. Financial Briefs ..Western Union Telegraph Com- rorts March gross J7, 11)7,023, 6.095.305 the same month last i. The Increase Is si, 101,724. Net (revenues ror tne month tie 173.405. Three months' gross MtAltil .... l..A fnm Ik. ..., irtitviiiv. all luvitoBr iui uia ur ', $l.26. 561, with net for tho qifar- Sing 0D0,5l I. srelal failures this week In Ihe .States are 211. amilnst 107 last tit the preceding week and 276 rresponainc weeK last year. Fall- Canada number fourteen, airalnst Llast week, nineteen the Drecedlm: jand twenty-one last year. rims ior ina iourin weeK or .'j twenty railroads show cross .-m .1 tlTltn 791 ThU nnK...nH..n 113.673.81)3 the same week last f, or-n increase ot J,4ti(;,s.s, ' r. Elv. secretary of the New York 'Kxchanflre. has Issued a clenrlni? notice stating that the commit- clearing nouse directs that the erty Loan 4V4 per cent bonds l Deginnjng witn tne transac lday, May 10, of the Colonial Trust Com- ave passed the 13,000,000 mark I Ant time. WESTERN BUSINESS REFLECTS PROSPERITY Ilarni tt CMI & (las Cosden Ar Co .... Klk Uasln hVtleial OH . ... Inter Petrol . Houston Oil . Merrltt Oil Midwest Oil . . . Met ivtml Ohio Fuel . . . Oklahoma lief ... . lilce Oil K.ipulp.t lief Sinclair I'nlted West Oil Alaska Standard . Atlanta Hlg Ledge . . . Ilutte N V . ... ( 'on Arl. Col & Jerome ... . I Kiiliu.i Cousol 1 l'lrst National . . liotdllcld Merger . . i (loldlield Cons . . . . (loldtield Morenee. (olilfleld Kewanas . (Ireen Monster lleila Mining . . Howe Sound . . , Independence Lead . .lerome Verde Tulill sites. 480.80(1 shares, compared will. I n,'mlM!,UVxiensl(.ii 1.53 1..1ISI slmreH jetenii i III week. .1 07.1 . '.. V, l-;ensinil . . 800 sh.ire. In.t ueek. l.iis.-.sno shares McMnley iMrragh , i Magma Copper . INACTIVK NEW YOKK. STOCKS ' MiniTcoor America Following nre quotations for inactive Nevada Hills New York stotks ami in which ti,ere , Nevada 'Wonder were no transactions today The price i Ml'llng given Is the last previous sale. nllll Copper . .. . .... , , ,, i H.iy Hercules Adv Uuni 'r " ,, o , ,-s,ex 3i San Toy Adv Hum ." r. :, ,.- " new io Stewart n 107 J III.' 338 278 22(1 .1.1.1 '.'ns STOCKS n' 2 1 3 '4 in i, 22 '.4 1110 2H7 Acme Tea Co A c, War . Alliance Ins Amer (las Amer Ice Amer Kwy . Am Ry pref Amer Mill . BANK 'CLEARINGS INCREASE Amer st'"" itriu .i t. V4 ' 2 43-)i 2" 109 17 41 23 !H '4 4-'V 17 8 41V, 23 HI ',4 42 07 V, II .1(1 17 17 13(1 37 i: ni'i 110 li! H l7Vt, 8 41 2.1 l li (171, II .10 I7S ' i i 12 1 f 8 13 Vi .1 8 17 (1 , lliiines l-i Per Cent Above Corre- spnniling Week Lat Year Total bank clearings In tlie principal . cities of the ITnlttd States, for the week I ended Indav. vere SC, 172 270,011, against I JC.258.C2n.n75 last w.ek and $5,305,- .830 183 (be some week List lent. IMilln. ti delphla's total was 338,n51 861, a gain iol 15 1 tier cent compared with the cor n i lesponding vieek in 1917 V, i Details follow 8 1018 mi7 re N lork 2,701.27n2tl J2.S7B.8t1 nil (11 ,, Chleaso 421,273 317 424,473 21S ll 7 PhllatU 31K ll.M.Snl '.'111,703 211411 1 lioston 21(1(127.11(111 1s1.n-1n.74s4.3n.il ? Ken c-itv lKo.non non iin.sia.in.i4-"i .i il bl l.oul 121,11110 01111 111,0411.3144 n PHILADELPHIA INACTIVE STOCKS Following aro quotations for Innctlve stocks listed In the Philadelphia Stock Lxchance and In which there were no transactions today The price given lsj the last previous close: ricme t ist pr vj i.eii val Tr . -v 6 4 l.oh .nv rights 1V4 llrst paid . . 17 li 19 Leh Val Tr pf 26V4 7!i LNrdrtpf. 43 10 L N wr w 1.. 7 30 Little Schuyl 48 75 Lit Hrothcrs. , 25 101.5 Mlnehlll .... 50 29 Norrlstown ..121 92 North Cent . . 73 23V1 North Penna. 80 nrltl .1 (J nf.. 70 Penna Salt .. 88 Cam Iron .'4m: PUT 23 Camb Steel.. .127 Phlla Co CataWH 1st pf 53 i -a taw L'U pr 64 Con Trac N ,f 06 Cen Asphlt pf 48 lit & II T .. 10 lit . B T nf. 17 ins lo N A Keystone Tel Phlla Co cum pf. 31 Ph & West pf 34 I'enn Traffic. 3?, Itwys. Co Gen 2 V (5 I war.. 27 V4 2B" f H Steel Pf..ll0 s vvm cramp.. Key Tel pref. 50 W .1 Seashore 34 V4 Leh Nv rights York Kwy.., 9 full paid .. CD 15 York Kwy pf. 31 N. Y. BANK STATEMENT GRAIN AND FLOUR WHEAT Receipts, f,OI3 bushels. Firm Tho quotations follow Car lots. In ex port delator uluvernment standard Insnec tlonl standard prices No 1 northern sprlnu. J.'27. No 1, hard winter. J2.27. No 1 durum. J2 27; No. 1, hard white. 12.27 red winter Nn. 1 J2 27. No 2 12 -Jti mitt No 1. $2.2.1. No 2. 4.' 22 Minimum prices lle.1 winter No 3 12.21 no No. 4 12 IS ,do No. .1. 12 1.1: do. salon!. Krade. J(i45J2 13 (t. ,- s 12 111. do No 4. J2 in do No. 3, 12 13: do. saniclo urade. 12 O'lif. t Special maximum prices Only tn be ap plied when the other qualities In the wheat are hlph mouxh lo warrant It , . No 3 wheats Maximum price containing 13,1 per cent moisture to 13 5 per cent mois ture. 4c under No. I or Nn 3 red. 12.23: No. 3 o(e red, $2 21, Maximum price con talnlnc 13 11 to 14 per cent moisture, Cio iiri'ler No 1 or No. 3 red, 2 22; .No. 3 soft red, $2 20. .-". i ttnratfl Mi. mum rrrt Oc Unaer 1 or No. 4 rtd. 12.21. No. I soft red. No 12 10, No nuts, rer bajr. JliffT. Strawberries, Ten nessee, per qt.2O0S.Se; do, North Caro- UnZ'n ,.: -o.c: uo ivorroik, per 5UJ7S'. fto; rtr,t .. . . .' .iaiiiiuiu '111'" sil T4".!43 Pr cent moisture No. I or No. n red. 12.21: No 3 i SIV-"!" ''' cbnlainln? not TV' Maximum prleo containing re tic unaer I soft. 12 1l I I-. o nll 11 T ,.. -. - i,uiiiaiiiiiih r'"fc "iti ! L ".'.S?11"1''' 7c under No I. or No. O Tea. S2''l STa K ... ..j .qD St.. I. ,51!ilIt.r.rlce.ro,",,lnl'" not ov'er'i.". W cent inifi. w' .c imaer no i. or no. a rea, -tj'n' ?" ' red. 12.17 In b5mt". wheats Handled on merits, but Vnn!!? iG"8. h"" rrleti he blither than 4c kS.U" I 0( "i- subclass represented. h H1i.,y vvhenta Value shall be determined class um"l hasla of the class and ub- COI1N tlecelpts, 22,172 bushels Trade was quiet, and the market showed no change Quotations: i'ar lot-s for local Iradt No' .1 isllow, ft 73 OATS Itecefpts. 1.11, ,133 I'rleea de clined ic. with trade quiet. Quotations No a white, SlVJffS.lc, standard white. 8484'4e: No 3 white, S3!i3i,,c. No 4 white. SliitTSaVjc, KI.OUR Iltcelpts. 301 I.Ms and 1.318 - oi. i ins in sacKs 'ine market ruled steanv -, . li i .. san rran sn.nno ono 7.i.(iiw,sn n.s i incrca'c in Average and Actual Loan;. Quotations tA irrii. ...e inn k. nVJiiVi M Mi. , Plllslmri'li till 7C.I1 ".nT lit Till 1117 -LAI tt .' J?V. nB 10 arrive, per iptl IPS paCKeq ti ii u : iietroit 41. v "! ii'sTs 'stI ' is Actual Reserve Iliuher In 98-ib rotten sacks winter wheat, in i 1t' 1 1 '.' jr.0'1 ni'-'sn'-'io Ti"iai"v'oiK i aciuui neserve lllgner per cent Hour. llo.7.Hr11 2.1: Kansas wheat, , .""orTean, asloSslS SIo'.ouUm 8 , V Vrk. May lL-The New York Jffi JSf 5, 85J- LM. ' Ts - bank statement th s week shows Increase lu'iKT. ctn.l".?.4r- .".',UT'' . . :'.. 4, Eleven eltlei. , In average and actual loans and de- ,,Uo,i it ll"l3fli 'Sir hid in .Vek. A. lo I" inc oiheVeitles!'82 8'107'C0'5 .2fl3.3,3724 IS crease In average and Increase In actual ?o nSainy' l '" ' r "W '" "'c'", n ,1 0 1I "das .80002.00S nni.213,401417 2 "," ,.ll. flt,... PHnVKSlnMC. VVntermelona, Florida, per 1' VEGETABLES Trade was quiet and tho market showed little chanae Quotations. While nntain. Jersey, per H-bush basket, 33 lbs. No. 1, Hum .inc. ,-o 2 13W2.1C White potatoes, per loo lbs Pennsvlvanla. WlcSTf 1.13: New Vork. POcU 13 White potatoes, Klorlda, per bbl No 1, 82 7.1W3. No. 2. 1202.2.1 White potatoes, Klorlda, per hush. -hamper or box, 7,15?8.1c White potatoes. Florida, per 130.1b. bag No 1, 11 7.1W2.23; No. 2, lTl .111 Sweet potatoes, Jersev, per " bush basket. 3S lbs No 1, (1 lSCTl.r.i), No 2, lUlilllOc PweSt potntoea. Jersey, per hamper No. 1, 11. VIS Inn. No. 2, 75e 11 3.' Celcty. Florida, per crate. 134T4 Lettuce, Norfolk, per hamper, 11.2.12.2.1, do, North Carolina, per hnmper, 11.2302 30: tlo, South Carolina, per hamper. ll.fiUil2.23 Cauliflower, California, per crate. HH2.5n Le-xplant, riorlda per box. 1214, do, Cuban, per box, $1173, Cucumbers, Florida, per basket, I3,vfi5. Squash, Florida, per crite, $1 .loiffl.7.1 Spinach, Norfolk, per bbl . (2T2..in Knle, Norfolk, per bbl . 11 W 1..10, lleans. Florida, per hamper, 1292 7f; do. South Carolina, per hamper. 126$3 lleets. Tlorlda, per crate, tl,ri02: do. South Carolina, per loo bunches, 14 1!' Pens. South Carolina, per hamper, 12v3; do. North Carolina, per hamper, i2.2.!fft 3 .in, do. Mississippi, per hamper, 12.71$i 3 23. Peppers, Florida, per crate, 12 GT 4; lo, Cuban, per box. 11 Ml 03. Tomatoes. Florida, per crnte, 12.23(03 7.1; do, Cuban, per crate, 12GJ3 Turnips, Canadian, rula hanas, 10(1 lbs. 0ncB1. Cabbsge, Florida, new. per basket. 200,10c; do, do, new, per bbl -crate. 7.1ol..ln. do. South Carolina. rer bbl -crate, 7.10011.3(1. tlo. Norfolk per bbl -crate. 7.1c IP 11. 1 10. Onions, per 100-lb. baff. locfTll. do Texas new per crate. No, I. (1 30(11 7.1, No. 2, 1.31fl,30. Water cress, per inn bunches, 11G2. Mushrooms, per lb , 131135c , Ha .1 I 71 II 30 31 18 1 3 I Kll U 1 II 8-32 1 411 711 Situation Taken ns Indication That Trade Is in ITciillh- Till Stale A Tli l'f ClilcRgn, May II Ceneral hnsltiess tbrnucbout thecenluil West reflects prosperity In ho far as It Is ' m Wool pf restricted ir shipping fa labor. Hera In a position rolling stock, rapidly as requlremen This situation Isfactorv Indlcatii business In this toilntrv Is in ti health- llrown Shoe ful state. In other words. It Is nothing Miort remarkable that with the railroad virtually tied up witn (iovernment nusl- rL, & Alton Al.K Kuhber, 51 M ,S"tP & SS.M im i Toiiopah Intension . vlU Juneau 1 .Nnt Hlcct 05 I I'nlted Verde ' m C & V liMlOV-J Nat His pf. .llu'S , West Lnd Con.. . . Ail Can pf . 37 Nat I'lk A; St 59 I White Daks Am Cot Oil . 3 iN.ai it pr.II0 While Cap. 1 Am Lxprcss. 7815 Nat I & X pf 991 Yerlngtoii (1 I Am II fr Lt.. I-" A " n Pf M,s Ail H & U I't !' Nevaiu ,., V? ' "cthlehem Cs ... Am Litis lf .5 v X?'1'.'.' "V, ,JiCodeu Oil Cs A Smelt p? Air Hk 130 csden ei Co Cb. . Am Smt nf .1''- V. . J, ,St ' ' , ('udhay r.s Am St Pf A 87 0o)f' W. 20 H Itnsslan (lov 5s.. v , Toll ! 0-"IfnO'k..A: i 2l?t llusslan C.tiv n'is .. n--. i.ui n est ny 71 T 95 lyr "est pf 79 Am T .-; "-,,. Novo Sci Stl fio,,. ' niii- i.s...i ..." rr. j -iiiu r ucj np. ING LIVESTOCK PRICES . ltsr 11. IIOOS Receipts today. ta: iionnsr. t;.iwi neaa, ilsrket moat 20o lower than Testsrdsy's Ui Bulk. tlT.83O17.D0: lliht. 117 in L mixed, tl7.80O17.B3: heavy, tlll.30 uin. lis oueio.sa; Kooa io choice, J.13 17.85. -naceipis, iouu neaa; Monday, jiarKst sieaay. Top, I17.B0. eclDls. 2000 head. Market I18.SO. I-mbl, top, 120.80. tC-May 11. CATTLE e atL Market nominal. eaipts. 700 head. Market alpts. 600 'bead. Marktt Vay 11 IIOOS necelnls. arkat eloslnr lower. alpta. 100 aead, Market 100 head. Market 1U fVH'. )AD (EARNINGS WAtMAtl PACIFIC Bull'l tia 'AAA SSS IWUI S.28i000 !?. i.ew- im -.. V OK7nSnH .w-.r '.... aBv.aai' - - . . , ' BV.V.W Si 'jr IvSJ - ,. E 1M.I .tM.leo m ....- ijiiio rue mil 11 it. 1 volume t.y tne inadequate Am wr i-a iu --7 ohm (7as rets BR cllitlcs and 11 hhortage of 1 Am 7. & L pf. 11 ont Silver int- ' uso tho railroads are not I Asso (.;" !" 'Jr., Owens Bat .. m to furnish the necessary I Asso uii J'ac Mall siu , trade is not expanding as, ;"' " ', r.i. T & T 207, , It would were full shipping ft ,' .'0 ,,B :i7 i.eoViiT i'-.'., " is Immediately nvallable. ! ' 11.,, M. 1 vJ!J, ':'"" "... should bo taken as a hat- lieib Stl . . 8' 1 Pern M,.-.. ..'.' .V on that tho domestic iiui.i tin Cas.lOS Phlla r- ' ' 'L . r,R in." ; . .- II- in"".. - - , . ' .i--. 1 1- pi yi: 1 Ilutte K. Sup. 19 Pitta a- Wt , f 191: nf Cal PV ' Psd Stl Car pf 93 rt'. Central Ir PCIOS1 Pullninii ... US 8 Chan Motors.. 81 ,.,, Kor 'J "' f-v.1 Jt- A ton. 7 ltendliie-i. ,t ness, with labor becoming scarcer dally, r, g. ot W Heading 2d pr 17 and with other drawbacks made neces- f c S pref 80 Hep j & j p 9774 sary through the prosecuting of tho I 0 p I & P 7 liy stl Sug pf i7i war program, that general trade Is as p p ft '' ' J'nvago Arms, 75 ii good as It Is In every direction, the I'luett Kdv l'-1,. '3aon Motor. 7 greatest confidence Is found and the C & S 1st Pi- J J;a A L 7T4 greatest co-operation between the busl- '' & ij. ,e;. 27 ' Sears-Ilrleb' lVs ness men of the country, and the Oov- V;" i rnl M 17H Seam m.w .,r t. 71 7.1 7.1 01 34 30 Southern Hallway 5s H8ii Sinclair Oil Os 70 Todd Shipbuilding (Is Oil Si I'V I .1 "V 72 11 12 :ui 40 lli III 1 tl n IV4 13 7-32 IVi 41 81 3 ri 08 8J 82 117 38 II II!) 80 n 4ll I I li 40H 11 4 12 7-32 It si Total all cities. ' T. ifiis 5,10,Ill0.flI4 14.020.OC8.b334- 3 0 .All rules, 1 dav 1,001 070.317 n7rt.770.3in4. s.o Total all t,IMes " "" for Wk 10,172.270,011 13,0O.l,'i30.1fl14- 4.3 de- AVLnAOI! 1I.S31,.130 000 Increase 117.043.000 an. am. Ono 1100,030.000 14.389.000 4.340.000 204.000 3,842,000 fill. 313.000 22.273,000 I.naus et ilemmitl posits . . 13,713,803,000 Net time deposits 17W.713.oiki Circulation Cash In vaults Iteserve of mem ber banks tn lie sen e banks Reserve In State banks and trust companies Iteservo In Stato banks and trust depositories . . . ABuregale reserve Heserto required Surplus Dei rease (United States deposits deducted, S.(, (Hill ISpecle included 177.088,000. ACTUAL I,nans 14,398,721,000 (97.740,000 Net demand de posits .... t3,n43.47S.00n '144,313.000 .Vet time deposits 177,0114,000 4.S73.O0O ao, dm, ooo 110S.011.000 117.400,000 R.im.ono 317,1411.(1(10 4114,210 410 42.U12..100 B02.112.O0O 40,470,000 , New York Bond Sales twjMabfou '. JM to stock, ot a ltaajir. swuUrly of sa4 ars,n)ivMtat mEti aeefl ernment Is playing all with a view of creating ways and means of not only winning the war, but being the greatest producer of both agricultural and manufactured products. The Industry, of the country was per haps never pi't to a greater test than It is at the present moment. In normal times, or times of peace, the magnitude of the business of the great steel cor porations of the country would have been characterised as something almost unthought of. Yet, today. In times of war, they have found ways to far exceed an) thing heretofore thought of in the way of volume of production. The bulk of all of this, of course, Is being diverted to war purposes. Ths result Is, that rail roads are consestei!, because of Insuffi cient locomotive power and rolling stock. The wonder I, how so much Is accom plished In a domestic way with the Gov ernment performing its prodigious task. Loading reports of western railroads how great gains In certain classifica tions of freight, but the general volume of tonnage Including all classifications hows losses ranging from 8 to 14 per cent as compared with Ihe same period a year ago, but conditions now are wholly different than at that time, al though theia la a great diversity of goods moving. In tho' wholesale dry goods trade, as well . the St norel marchandlse market, the-month of Myi aawttsuoa to show xpanaton, eomparo' w(th ,the cor roopoadtn month hut ytw.. It.U lnttr-a-tta- tonoU that la tho oontral Hotrl -"" ; .-...i t Con m - pref Consol Cius 4Mrn Pro .nf Cru Stl, Pi iieereeXo Pf a stand Mill .. Ilel & Iludson.lOBH St Mill pf. . pen & It 'i I S Kl'idebaker pf -oil. G,aUo,Arz ",J yb Moss-Sheff .. B3 "9 St L & K K. n ti 99 S L ei S p pf 26 ai Ml I. & Hwn. . 21 96 86it .1.- jt. it i; ot 17 niuueiiHKer nr h Tt.t ilrtlKon .12!!' Sutz Motor . 46W Dome Mines.. 7 Sup Stl 1st pf 96 I'leo Sir Hat- MM J" fn nicoS.110 i.-ri 2d nf.. 22 Texas Co rcta J9W &rlt 8 Pf 2-' Th"-d Ave... 172 '. Cheni 165 , Tob prod pf. 90 litn Clear ... Jran Wms .. 40H neS Cigar pf. 93 Twin City It. 42tf SC H.M 'I WyWpeTpT;!f'i 1 Je Kb & Tre. lSVi " ,".,"" "np T.lileh Val,.. 0 Illicit $26000 Ang-Kreuch 5s 91'i lnoo Am Sm Sec Cs 96 1000 Am Tel Ds . . 9.1 , 21000 Atchls gen 4s. 82H 10UOO Halt & O 3'bs 89j 4000 do 5s 80ts 20000 llordeaux 6s.. 89's 2000 Can C.v 6s '21 94 U 21100 tlo 6s 1926.. 93 2000 do 5s 1931.. 91 Ta 2000 Cen l.ea 1st 5s 95', 1000 Ch &. O cv lijS 74u 6000 tlo cv 5s. ... 81 ft 2000 C II & Q Jt 4s 94 3000CM&SP rf 4hs fiS'l 1000 do cp 5s ... 97 1000 Col lnd 6s... 74T4 2000 City Paris Cs 85, lono City Lyons 6s. 89H 2000 Pis Sec Sp 5s 86H 1000 Krle cv 48 Sr n 47 'a 94000 French It 6',4s 97t 1000 Hud & M In 5s 18 24000 do rfd 5s... 57 1000 Int Met 4,s.. 52'j 2000 Int II T ret 6s 841, 1000 lnt M Mar 6s 92, 20000 Int Agr 5s... 72 U 4000 Llg & M T 7s. 112 7000 Iirlllard 7s .112 343000 Lib llonds 3 Vi" 00Vi 874000 do 4a 03.78 137000 do 1st 4s... 03,76 1070000 do 3d (Vi.. 08.40 iuuuiuni t-ow os, ou-a T.ow 91 "4 !'C, 938 82 i 89 80 89t 91 ! 93 91 Ti 95's 74Vs 81tt 94 68 Vi 97 74 Ti 854 89", 86 li ilh 97j 18 60 Ti 62 U 84 i 92t4 72 112 112 118,02 03,60 08.80 03.32 05J4 08.20 98.22 89 'i 89 1J ClnSH 91 Ts 96S 93 , 82 a, 89 80 89 "t 94Vt 93 91Ta 95,S 74 , 8U, 94 68 lj 97 74 85 t 89H 861, 47 4 97H 18 56 Ta 624 84 'i 92 ei 72' 112 112 00 FEDERAL DEPOSITS DROP Keserve Bank Statement Allows Cain in Golil Reserve? The weeklv statement of the Kederal lleserve Hank does not show- pavments on tho Liberty Loan made Thuri-day (iovetnment deposits on Mav 10 were 11.144,681 as compaied with J11.C14.7T7 on May 3. The Kederal lleserve Hank had re leased for delivery to cash subscribers up to this morning J87.018.700 of the new Liberty Loan 4 'is. The Liberty lioan department of the bank is still Posting tiasments made on Mav 9 and 'Circulation 10 rind final tlcilres of the Riihi-erlnllnna I Cash In vaults III this district and the method of pay- n."e? S imV."' ment will not be mailable- until Monday. eTanks.! .' lotai resources ai me ciobe or nubl ntss jesterday were $270,332,189 as compared with $270,999,978 the week before. During the week the resources crossed the $300,000,000 mark for the first time, the Jump being principally due to the withdrawal of $18,000,000 of (Iovernment deposits last Tuesday. Oold reserves continue to expand, be ing $158 767 245 vesterday as compared with $151,075,412 the week before. Kedeial Keserve notes In actual circu lation Increased from $14,083,640 on May 3 to $125,241,090 vesterday. In part replacing gold certificates withdrawn from circulation. Totnl bills on hand were $64,155,933 vesterday ns compared with $63,240,869 tin May 3, showing that member hanks Heposlts Federal have not yet begun to pull on the He- I JJeaerve """k of serve Bank because of Liberty Loan ii,,it, financing .. . itcaerro ofi'derait Total reserve neiu ngainsi combined I'ercenloge of re net deposit and Federal lleserve note i serve . . liability wan 72.1 per cent as against tucit rmipiiri 71 1 per cent on May 3. lmM"l!M' Hold 111,049,000 MONEY-LENDING RATES SHu."' "' ' 10,400.000 1 iieposiis reuerai 1,000 30.000 22.314.000 M.BRn.sOO 10,327,200 1333.- 3 111. IIUO 2,473,000 The market ruled steady, but demand was onlv moderate. The quotations. City beef. The market ruled firm, with a fair Jobbing- demand for moat descriptions. Following are the quotations: Cltv beef. In sets, smoked and air dried, 3Ce. Western beef. In sets, smoked, 3c, city beef, knuckles and tenders, smoked and air dried, 37c. Western beef, knuckles and tenders, smoked, 37c. Ileef hams, 143. Pork, fam llv, J12W.13. Hams. 8. I", cured, loose, 28U(930lic: do, sklt.ned loose, 28i;029iic do. do. smoked. 2in,i ii 3nuc otherhims, smoked, cltv cured, as to brand and aver age. 2011(780l;c. llams. smoked, western cured, 2ll'i (r.ltiic: do, boiled, boneless, 43c. Picnic shoulders, B, P. cured, loose, 22c; do smoked. 23c. liellles, In pickle, accord ing to average, loose, 32c. llreakfast bacon, aa to brand and average, city cured, 40c llreakfast bacon, western cured, 40c. Lard. western, refined. 2727'Ac Lard, pure city, kettle rendered, 2727iic. Government's Local Market Reports lleserve In Jttate banka Hud trust companies . Itfsene. In Htate banks and trust depositories . . Aggregate reserve lleserve required hurnlus . llecrease IITnited Stales deposits deducted 874,0(1(1 tflpeile Included. 177,378,000. Ot'TSIDK HANK STATUMIlNT HTATK IiANKH 117,340,00(1 7,891,00(1 .117. .140, (MM 4S4.741.27II 1112.807.730 72.000 40.018.000 1H, win, J Ml 03,008,130 1321,- !.oans Investm'ts Hold . . . Currency bank notes $171.71.1,000 10,187.6(111 27,773.300 40.411,30(1 000,098,400 109,804,300 24.1 Increase 14.32110110 22.II0U xni.! 4.12.V -no on 208,000 REFINED SUGARS Supplies were steadily Iwld on granulated small and a basis of prices wr '.45c for fine Ar'lU .. pr IBt TJf . Kn u a nm c u 5:11a Ti'pf.-iojH utahefs;ccorp 3 101 H?.tt? Sf.. 'f S Si .ifi Ular Motor .- - Wgtn C& M 51 Max Mo 1 pf 52 W Marjland. 14 Max Mo 2 Pj 1 W Wella-Fargo . 7J May PPt pf.lOJJt. Weatlnghouse May XI St. B2U pref 64 Hex Pel Pf '.. Wheel LB pf IfA Miami wop,. .--, vvnue moi,, as Mleh Cant .4.119. Wlllys-O pref SO 93 Ti 97 4. 93 Ti 97 I Ktt 1000 N V C & II 6s 93 Ti 3000 X Y O 4Hs '65. 97 1000 X Y N II & II 4s 1965... B7i B7i 57i 1000 do Cs 87 87 87 5000 Nor P prior 4s 82 82 82 1000 Ore S L 1st 6.101Ti 101 Ti 101 vuu ure ac vv iv ei N 4 73 'i 73 2000 Pao Tel 5 911 91 L'OOO I'a 4a 1943... 87 87 1000 do gn ct 4 '4s 89K 89 i ouou si li 1 .u s N) gen 6s 93 U loouo hi ij a r ajt 6s 12000 do 4s eer A. 3000 Seaboard A I, adj 6s 63 53 63 2000 So Pao cv 4s.. 79;, 79i 79 1000 do rfd 4s.... 79 79H 79 1000 So Pao cv 5.. 93 93 03 1000 So Kwy gen 4a 62 02 Ti 02 Ti 1000 do con 6s... 927 92 92?! 4000 U S K Sc Jl 6a. 84 94 94 6000 UK Rubber 6 79 79 79 5000Uffl Htl f 6s 99 99 99 5000 U K of O B & I 5a 1919.. 97 97 97 2000 doCVisnew'lt 99 99 99 21000 do 5H 1911 94 94 94 93 64 64 (9 69 87 89?i 93 64 69 1.1 008.800 802.300 034,300 rillliAnm.rillA Call, 6 per cent; time, 5si(ir6 per cent. Commercial paper, three to four months. 6 5J6 per cent ; six inon.ths, 6 per cent BANK CLEARINGS Hank clearings today compared with cor responding dav last two years: 1018 1817 1910 lioston ..131.4(18,323 $87,842.2n0 131.813.28 Phlla. ... 02,341,833 02,443.080 41,321.532 107,412.400 I.U38.187.000 300,848,800 lleserve Hank ot Mw lork Ilepoilta Reserve on de posit . . . Perrentace nf re serve ... Jl'. 4 HTATK IIANKH A.Ntl THU8T COMPANIKS NOT ItKPOIiriNU TO CI.EAnl.Na HOUHK Loans Investm'ts t774.70l1.OnO 12.318.300 t3.isa,uuu 3,883,800 31,003,700 3,027,300 .4 FOREIGN EXCHANGE New York, May 11. The feature of the foreign exchange market was the advance In Swiss cables. Italian ex change Bold at a new low record. Quotations were: Demand sterling 4.75. cables 4.76-7-16. Sixty-day bills 4.73; nlnety-day Fran'o checks 6.71, cables 5.69 ;, Guilder checks 48, cables 38, Lire checks 9.04, cables 9 03 Swiss cnecKS s.is, caoies i.io. Stockholm checks 33.50, cables 34. Chrlstlanla checks 31, aables 31.60. Copenhagen checks 30.76, cables 31.25. Pesetas checks 27.76, cables 28. Ruble checks nominally 14 and cables 15. NEW YORK COFFEE MARKET New York. May, 11. The firmer Bra ill cables were believed to be responsible for a steadier tone In the local market for coffee futures, and, "while trading waa 'again extremely quiet, first prices were unchanged to an advance of 2 points, with a light business done. In the more distant positions. Open High Law Close , close (lohl Currency bank notes .......... Deposits Kederal lltserve Hank of New York .... Total deposits,.. Net deposits ... lleserve on de posit I'errentase of re serve Decrease, , 13,073,000 Til, 073,800 MW, HIM. 1(10 1109,012,500 rl33.028.300 , 21 748.400 203,000 500,800 2.373.1011 22.150,800 C07.8OO .90 DAIRY PRODUCTS CHEESE The market ruled firm, with demand equal to the limited offerings of fine goods. The quotations ranged as fol lows: New York, whole-milk, fancy, 23Vic; specials higher- New York, whole-milk, fair to good. 23((25c. . . m IIUTTKK The market ruled very firm under light offerings and a fair demand and prices advanced IV, c on solid-packed creamery and lc on prints. Quotntlona; Solid-packed creamery, extra. 4nic: do, hlgher-scorlng lots 47tj 0481,4c: extra Arsis. .4.1(T40c: firsts. 44S44V,ci seconds 4143c; nearby prims, fancv. extra. M)c: lancy brands Jobbing at MB3c: extra Orats, 48.fi 40c; tlrals. 436'47e; seconds, 42lo,44c: gar lltky. 30043c, i-iinu ti.niana uaa fnlrlv nrtlve and tne market ruled tlrm. wtlh supplies well under tontrol. Quotations: Kreo cases, nturw a .. tit .. u. ai.iiH.rH ,! rurrent re ceipts. I10.S0 per tase; weslern extra flrsts. 111.23 per case: flrsls, tip 80 per .cases fancy selected eggs werj Jobbing at 42044c per dozen. POULTRY i.IVE The market was dull nnd prhes of fowls were Bgain tower. vtu..ii.i.u . i-"'-. ..-..... -.i... nt.ll,n tvvlctilnir is,sfj oiitto.:, pvii" .......... - -- ,-i ,,- -,,- lbs. apiece r,0tl2ci weighing lHi Iba. arlece. 02f.l3c! staKyoung roosters. 24 "k... old roosters. 22023c: dutksPekln. 28 sncj ducks. Indian nunner. 20027c: ? 2.1W-UC! guineas, per !';" ,,"",' ''.' pigeons, old. per pair. 40043c: pigeons, loung per nalr 2803Oe, ... - ' IHIESSEP Tlie market ruled firm under scarcity, with demand equal to the oner Ingi; The quotations were aa follows! V-resh-kllled fowls In bbls , fancy, dry picked weighing 4 lbs. and over apiece. 87c: smsller slfes S4SOc. Old roosters, dryplcked. 20c. , Frozen fowls. 12 ".V??'. milk-fed. dry-p eked, fancy selected. 33Vici do. welghln4 Iba. and over apiece. 33c: do. weighing 3VS Iba. apiece. 82084c: do. weigh. JngSl's. apiece. 8O0Slct frosen fo-H. In bbls.. fancy, dry-plcked. welablng 4 Iba. and br apiece. 84c: do. wellh ng H lbs. iplece. 82083c: do. smaller sl.es. 28tt80c. Froien broiling ehlckena. vseljh ng IVi 02 Iba. ap ece. western, 40042c! roasting l., 1 ...t..n In hn. WielshlnC IM cnicaens. """""l."- .-. 'j. ...i.hl- i Iba. ana over apiece, 0.1V1 uw. "-'",',"". -bi apiece. 88084C1 do. weighing 8 jbj. aplecel 8l082cl do-, weighing 2 0S I lb. apiece iamrooc. idhhidb hiumwi ....... ( TMs dally report Is sent out Vu ths Bureau of Markets of the United States Department of Agriculture. Philadelphia branch. Icdi headquarters at 300-31S In lurance Exchange Uullding. Wholesales prices on large lota to Jobbsri.) FRUITS APPLES No offerings PEACHES Oeorgla. Mas flower, .-sjet crntes t2.'.n03; Florida. Honeys. (2..1O04 PINEAPPLES Porto Rico, per crate 24 to 4K pines) 13 7.105 00. STRAWUEIIHIES Per qt. North Caro lina (32-qt. crate). Klondtkes and Mission srles, 20023c: poor. JOU 18c; Tennessee (24-nt. crate) Klnnrtyke, mostly. So. WATERMELONS Klorlda, ler car (10 to 20 lb. size melons), 3U. VEGETABLES ASPAHAnUS Nearby, green, per bur.eh. Colossal. 2Bc: few. 2803Oe: fancj, 1SO'22c: primes, lis) '-(ic: cuns, limine. HEANS Florida, per bush, basket (14 to 1.1 quarters), green, 11.2.101.751 Savannah. 12 7.1: Charleston, 12.7503: wax. 1. HEETM South Carolina, per bunch. 0.c. CAUPAOE South Carolina, per crate (90 to 100 lbs ) 7.1C011.4O. CUCUMBERS Florldn. per hamper (8 to 7 doz.), fancy, 13.7504,00; choice. $1.OO0 3 2.1 ECIOPI.ANTS Florida, per crate, best, 13 7nK4 23: poorer, 12.7803.2.1. KALE 'Nearby., per. box. 1101.23. M3TTITCE North Carolina, per hampel (2W to Hi, doz), 81.2301.73. JIUSIiniiOMS Nearby, per lb. (2 to 4 lb. basket). 20040c. ONIONS rer 100-lb. sacks, old stock, Red (Hobes, 11: Texas, per bush, crate, vepows. United States, No. 1, !1,o301.75i No 2. 11.4801.50 PEAS North Carolina, per bush, ham per (14 to in quarters). 12.7303: i-bbl, hamper (18 to 22 quartersl. 13. .10; bushel hamper, telephone peas, 13.5008.7.1. . PEPPERS Florida, per crate, fancy, 13 8004: choice. 12 7303 2.1. POTATOES Florida, per douhle-head bbls. (40 quarters) 12 7503; No. 2. 1202.2.1. sacks, marked 150 lb . No. 1. 82.1502.2.11 No. 2, 11.2.101.60: bulk, per 100 lbs, Pent.v stltanla, OOC01I.1O: few higher; New York, United States, No. 1, 1101.1.1: few higher. IIAIIISIIKS Nearby, per bunch, J08c7 HllUHARH Nearby, per bunch. 108c. ..8SA!-LIONS Nearby, per luo bunches, 750081. - SPINACH Norfolk, per bbl. (20 to 25 quarters). ,11.1801.60: Pennsylvania, pel bush hex (0 to 8 quartera), 40060c. SWEET POTATOES Nearby, per S-bush b"iiW5anSS.".V.,)' ""'.v';.3.?'.?9' ,.--;-tr -'' ."'1114 ei u-imei crate, West Coast, fancy. 1303 80: choice. 12.2.1(1 S.50: East Coast, fancy. 12.BO0s.2S: clinic 817S02.23; poor, fancy and choice, 73cO ,,YZKncnBas ,''"r',y. rer bunch, 1', 021, C. CHICAGO BUTTER AND EGGS Chicago, May 11. BUTTER Receipts, Market 30.1.1 tuba. Market unchanged tnia Tt.p.lntB "X.t.Sn rsse unchanged. NEVf YORK BUTTER AND EGGS New York, May 11. BUTTER Receipt,. 6.117 tubs. Market strong. Quotations un- KO.QS Receipts. 11,706 cases. Market firm. No changes, Riles F.ound Unreasonable traehlngton. May 11. The Inter state Commerce Commission finds rate on lumber in carloads from, Bprlngdale," wMinfftnn. over tha Chicago. MIL waukee and St. Paul Hallway tottlnc line and. wnito eiuipuur. muumiwi iu uo uu reasonable.- " BAR SILVER In bbls.. weighing 4Vi Iba. and over apiece. S3c: do. weighing 3)4 04 Iba. apiece, Slg S?! d0..w.?i"ln I.k"' S.?,K5 ..T. western, dry-picked, best. MBS4c: fa r to good. .28O10c; turkey, old lotns. 84c: do. common. 23 28c. Spring ducVa. Lo Island. 40042c. Squaba. per doi White, weTghlng 11 to 12 lbs. per dozen. 1707.28J -kit. i.l.hlnr D to 10 lbs. per dog.. 16.28 Barnett Oil&Gas BODOIIT BOLD QUOTED . 0Kfi Blorton R. Alexander Phila. Stock Exchange Bldf. ' 27 William Ht.. N. Y. Cltr I T.F.flXL ADVKRTISK.VIT.NTH tSS- ESTATE OF t. CLIFFORD OAT ueceasea issuers testamentary .... .4..U. ...... k.vlnB k... . . m esse VS. 7Dj OO. weigning o ins. tjr ""i,r,l, MB iJo. weighing 7 Iba. per do; . 1404 50: do. wstghlna nVi Iba. per doz. 12.75 S3; dark. 1192: amall and No. 2.- 75c 012. FRESH FRUITS The market ruled firm on cholca stock of most descriptions, with dtmand about equal !i oBerlnis.. Quotations: Apples, nor bbl. Wlnesar-, 84071 Northern SpytJfeTl.? marls TlpPln.407.8O Baldwin ' M0f Rom Baauty. 1407) Russell. 1400: dsno, isSI Ben Davis. 18.6008. Apples, 13 4. ID, '!''';'.";;"' n. Rnlts. rtSSS. 11.50031 Rimi'lieiGty: 120 1781 VearmalrT. L75 2.8M .N.wtown Pippin. Apples, i tnn? mi uino. ii.ipvd.w, niarby. per hamper, niicwsi.oy; oo, oo, per bush.akst, 2oe4ll,28. 'Urotin per box. $80. Bananas, .par buncli, 8J08.8O, itinvn estate havlnr THE PROVIDENT LIFE AND TRIJST COM PANT OF PHILADELPHIA, all "peVaonl Indebted to the aald estate are requested tl make payment, and thoae having claims ti preaent lha Mint, without delav, at thi office of the aald Company, No. 409 Cheatnui at,. Philadelphia, Pa, ASA 8. wmn President, DIVIDENDS r. THE WEST PH J LADELPUIA tlTLE AM f 1BVD1 U4TA( ft rmiavatipnia. Mfty 8, 1I8- !r MX 7 PKR rENf.cler of tax. nybl. Jan 1. 1DU. ta RtocVholders rrcltUrti inn lha boOKB Of the ComDtnv at (Maati n Kiialrtat-a May 21. lDlR CeOifH roia -u. ri'8 be cb many The Transtar boola 1st to June 1st RALPH I. LKVERlNtl. Treaaurer: DiBKCTony or Acgtwim IIHraTUirkoU tMktqrtiMT 1h)H I kva tot ,!tjmj2JSm9L K4k-Ttx. ss wooiwortn ..ill , li"'i' -;i- 'l r "I July....!. .--.:., .'::" "'.' .'.. ?91? . Klrf;,rS-ES S
Significant historical Pennsylvania newspapers