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EVENING PUBLIC LBDGEli PHILABELP'HIA, SATUBDAY. MAY 18, 1918
WsWfHE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK MARKET QUOTATIONS
LINE SHARES ATTRACT MOST
EREST IN NEW YORK MARKET
;DUE TO SHIP-SELLING REPORTS
!
.:
v
f,Is Current in Wall Street That an Agreement for
Urchasc by British Syndicate Hub Virlnally Hcimi
Reached Other Slocks Lower
W
High Points in Today's Financial News
'Marine issues attracted most attention In Acir York wlimigr hading
i'iniute big advances, part ot which irerc lost due to proilt-tahing. other
,ks were generally lower. Oil sham were Iradcri on thr (. mu. mnnu ,.
! ntak'lng vigorous gains. Corn pliers weie Irregular ana en. ion at-
edi Sxciss exchange reached new high rieards. limit: clearing', mis
li.KCrc above last week and same period in I'M'. Wei am- loans til
ed in the Sew York hank statement and the oclml tlecrrastii n mie
rage reserves were higher and the actual drop mil. I du menu 01 w.
It declared hg directors ot the Sash Moln-s Cumgaiiu. liar surer i'".v
Hchanaed in Xcw York and London.
h-J -,
New York Stock Sales '
t t
lll.H l.oi ' ' ' lU
Mu.'-Kii lild M. , i IV.
Alaska .Inneaii I 'a I ' j I 'a
Mils .'halmer.". Ul, 33'., 33'v
Am Heel KiiRar 7 I ;i 71 '
iit Can t!'j IX'. IR'i "
tlo pief .. oil oo 90 'k
m Car A. 1il ', 7!i lo', '
Am Int " op . ."is', . .'.7 "
Am Ire .. . :i'j :rs .1: l''
in II t I, tir. 113 (ii'j J '4
Am Linseed .. 3, Il'i Hfi", I ',
1n pref in 7.V1 111 I
Am I.0111 . . OS li; 1 HI"! . . .
Am Mull . Kt, K'i H' I'-j
Am Smelting.. H'-J'h kii Hl' ..
1 Am Sum Toh . r;; tin i.'7
Am S 1 1 0 1 IMiv liiii, fl(i. ilH'j '2
Am Suuiir III 113',, li:' '
Am To I & Til !!, IIH'i. IIH'u
Am Wool . .ld',1 3.1',, ."ill "1
Ho )Mf T !ll' 01',, .
m X.llii- . I. !. in1.. IO'j I
il'i pi'T . . IK fi 2 IH
Aiiticnmln iihh ah 0K '
Ateliisnn .. Mriit K.T4 X.V, l'a
. tic prof ; HI S'l
, Ml li & W I til", III.",, II l' I N
1 llald I.oim i.i'.. mu, :t I
1 Unit & (Mho .-..-.I.J ,!, ,-.M '..
lo pipf . .WT s.M ,-,.-,lH . 7,
lUttipiliiFi .Mil' I'm l' l' .
New York Bond Sales
i-V
Sew Yurli. JIkj 1 .
'AU There was cxclte.l tnirllris In many Ij.mii". on tlm New Miru Mim-k
JiTixrTisnsrn tnrlnv wllli iirnnoiinrccl Klicnstli Ml llio Marine li-sui'f 11111I.1111;
ICSho securities ot that company tlio most Important feature fot 11 liiiie
r 'j;..i i, n.i !... ti, i,n..r ..v,. iilnl iiiut Hi" ileal for tin? mie m
vkUliiiti mo iiiav num. 1.1 ....-
the British steamship lines lias already been closed and oiil inMilf m
yelal nr.nouncemcnl.
$$?' There was a wide openins in the preferred btorU. with sales m.nfc at
S?S184 and 103'4 In dirfcrent p.irfs of the crowd at the Kiitne time, and in
SSVft-Ar- i...- i. ..1 1, ... .. rmiiinr mlvniiiM' to 101. nil advance of
rfl&RUUW llllllULCa mu niwvi. ii.nm. m
Si'ji. The common moved up :! point- to 31V und Hie bonds, vliieli rocd
'Cljyesterday at 97V. advanced to 101 V
?S Vf' ProHt-taltliiB sales citu-cd .-harp lecesslons in tlicse if-nes. with Iho
preferred falling back to 102"2 lierure til"' end oi inc in pi iiou., .urn ....
Commoa stock and the bonds each reacted about : points.
The steel Industrials were nn-ettlcd b asue fear that the iisitput of
if these corporations will be curtailed as the result of the conference now
.bclns held, but officials of the fulled States Steel ( orporations said tnai
iv'these fears were wholly without foundation.
(f United States Steel common dropped 1 point in me cany .... ...... ...
O'"109i, Baldwin sold off 2 points to ili, and similar losses were sus.taine.1
?'ln Crucible, nepublle fron and Steel anil lthlchem Steel "It.-'
0 Tlie bond market was active and Irregular, with Marine Cs the most
'prominent feature, advancing 4U to lOlV icactins to fljl'i and then co-
tV ilng to 101U on a late rally Uliertj l14i ranged fiom 97.. 1 to . ..
p importance Ascribed to Enthusiasm in Trading
Wall street still is inclined to ascribe .i nunc than supeillclal im
BOrtanco to the rcmarKablc burst of ctilliuiaiii. sticngtli and activity
"'' hlch has been diplajcd by the sto"': exchange m.irki-t .luring the lat
fortnlBht. Opinion i- growing and i-- being more or less ficclj csprcn-cil
Mrif..l A r.... ... . ..... ... i. I ........... ..!. .. ..f .11........... Ilf f.t.l.t
f-t "inat me Direct is exercising us iiiihi lui'iiih.imu ... ........... w..lP.
til' ......... . .. . . . ..... .Intl...... lfr.ii. I
oi wonatviue importance -in tins instance prc-.ion.io..i .... .,.....-,. .......
of events which arc to end the war. This, of couikc. means a decision
'predicated upon the accomplishment of the aims for which America and
8 "her associates in the world's struggli entered the war.
It would not be accurate to say that Wall street believes t lint open
, negotiations for peace are u development to be expected in the near futuic.
S,But,,nnanclal interests seem to be coming to a distinct conclusion that the
.enemy campaign, which was so conlidently entered upon to smash Ihe
British and l-Vcnch armies heroic American troops could come forward
In effective numbers, has tailed. Tin- drive which began so punctually
Sln the first da.v of spring -Mulch 1 has been cliccl.c.l, with results
altogether in favor of Ihe Allies.
T " A not unimportant amount ul terrain has been lec.iptured .U a
' ,'tUsgerlng cost r Herman Hie. Hut this terrain lias vulually no tactical
Ta'tuo and" unless the full object of the drive is attaint.!, namely, the
ST Capture of the ihanncl purls and possible, of Paris and the smashing of
!.. tK. iiniiM, Mi..... ir ..r.i the I'l-eoc b i hen I he entire mini; lioin tnc mui-
'Atttfy tjtundpoint must be conceded to be a fniliiri.
IV, . . ... .. .. t . t . t i C. ....... 11. -.I.... ..-. Ik...
Irf u leanwmie. cvrciary ii.ikit nas aooiiiiiu-cu n...... m... .......
'600,000 American troops al-ead.v are In Irancc. lvcrv day is incrc.is ug
the number by thousands, which means thai every nay tuc onus mu
Jltoylner strongly against the Ueriuan mlliury machine and that what
might have been possible in .March and Apiil becomes mure than Improb
ablo In May or June or .liil.v. At Ihe same lime Iho siiuation in the
eaii Is becoming one ot grave danger to Ilerlin. The Kaiser, in Wall
street parlance, is "over-cMciidcil."' Ills operations arc out or all pro
portion to his military capital and sooner or later his entile business
must collapse.
Uelli M.el II. . 8!).i, SHI, ! ' r
do "i n c pref inniv, ioii-i, in.' ,
I'.iuns Hros. Mil cm u ii 'I'i
;:i'h ':i I
18' a IH'i IK' 2 'i
Ml, ."il "i
IIS I18U 1 l"'l 2'. i
till c. lis. , ICI
lllah !.."
iiuin Adiims i: I- (if, r.i;
l-'iinn nKo.."t r.s. ." !i-'
1 .".'Mill Am Cor Sec -,s 11, ! ',
"OHO Ainer Tel 5 . !'.: !I5
limn Halt & oh ;is. . m , m i
J.UlO II A. I) c vs S 7f
toon uk iit r.s i!U8 :i; '
limn llorileaux lis. s:n...
S'llllM'iiu liov r.s 'i !)L,:' !'2".
50IIII do .-, 1 113 1 . . !'l I. !H '?
miiiiii i Vnt l.r In ."is. iiiiU H.".1!
linnii rii - u con Bs Sf, M ,
I'iOii 1'HA.y joint Is. '.'?, VT,i,s
."illliOCIil I A: V t . 1111 lilt
lOnnfMA.sil'rr l'..si'.S', i:i-"i
mi"! (iii conv ;,-. . i", ;s ,
1000 do conv is ;i', 7(i
.'nniicill&l' rfd Is IITTs 1171
IHinu I'lij I'ari.s Us sr, v,
moil Den ,v. K i; u. ri c.ii
"uiki Pet Tun t 'is. 77 77
Minn hs s-c Cor r.s. 7 S7
7nno l.rle cv Is Hr 11 IS'., is' .
lei'iin do Ser l .. ..'.". .".-"
t.tnmirr Itep ;iIti . ;is !S-i
5111)11 lien HI del. ."is. '.IS", IIS
::nini ill sti iiui I '.i. :;-M s.31.
r.nilii liner Mel I'.s f.i.. ,".3H
7i::iinn Inl M. r M (is. I I , '.''.'
1000 I, Island ."- '.17 7.'!' 7.".'
1:1.11110 I. II. linnii ,T... mi
'.'.'llllllll (III u
10(1011 ll.i l-l Is
:itono ii.i I 'is
I lo
i:n
M-i
)i0
OIL STOCKS LEADERS
IN TRADING ON CURB
M'.. f!"
!i I I
nr.u
si ,
!'.!)
till
lit' I
78-i
7ti'i
linpoiliml lnlercMs iJnycrs at
N'igonuib Atlvances Ifous-
Ion Makes Greatest Gain
V5
ii.;
?S'I,
l."..
llutte A.- S i '
I '.l I l'cll-ol
do nref ,
Cm Pa. 111.- .
Cent Leather
i i ro lit- I'asi
dies ,w niiin
I "III (It West
I tin pref .
fill M .s St !
do plef
111 II I & 1' te n,
do I! pc pf tc ..ni
(lo 7 pc pf :c o-'i!
I Idle Cupper 111',,
, chili., ion Con l."i'i,
Col I'uel .V Iron IS
. C.. Has ,v i;ii e :;ia
Connil (la- SH'N
Colli Can 1.T
Corn I'miliKis
I do pref . . !l!'
iCnioifile Steel 70' i
' ( uha Cane Sag ;il:'i
un nrrr . . . so
:i.v,
:tt' 's
SHt '
CI
!'
111
I '
II.".,
art',
HH'
:i
il'i
IS!) ' i
:n
so
.-.o,
:t
34 n
IX'.
IT a
ail's
(In pn-r ... SO
Plstlllels Secur T
Lrie IH',
do 1st nref. . . S'l'.i
rtasion-Wms. . . ,i.
, Cell dec Co. . i.-.o
(Jen Motors . I'i.V'i
Co.idil.h II V . II
CI .Vorlli pf. . 0I
(11 .Nor dr siih.s $-i, 3'i't,
(Ilcene Con Cnp III'm 13
Hllir Stale Sll HK HH
Int Agrlcul i.'.'h 1st.
Inspira O.p .".". .".tic,
hit -Cons Cop . x.-;H H'
liner Mi r M.d :i(T Jll'.j
tl nrcl . Iiil-'i lol
Inlernl l'apei i'l I'l
I Int .Ni.K. I . ;!)'..
Kan Cil.v So IK ',
I Kelly Spring I. II t(!X,
Kelniecnlt Cop :i:i'
Lake Sieel . SKI:..
I.elilgli Vallcj . (I0'
Max Mol 1st .i .-.T
Mex P. ti. I loo
Mo Kan S T.x .".'. 'i
l Midvale Steel . ."..".I...
I Missouri I'iic. -;:i''i
I lo in I f . ...!
. Nat Con & i ' r,H
Nut Kii.iiii & St ."..".-'i
i .Nevada C Con :iit
N V Air 111- iai!', I.IJ
X V i Vnt "..IT
.N V XII .V- II. IS'
Norf . Wcl .I0(l' HI
North I'm1. . . k;i x
1 iildo (Ins . :ii :tii'...
I'acltlc Mad rr.' Ill
I'enn.i 1! It .. II', 1 1 -I,
'People lias & C 17 li, li,
IV re Mai" untie I3'm . l:t'
I'll Is ,X West . . "Ill :!",
I'itty Co.il . . . .".I .".I
I'res.Ml SH On llT, HI i.
liv Steel Spin .-.r, ".(I
Kay Con Cop -(I :..'i
Heading XK'.j x;'
K.p Ii .1 St. . I in)-., S'(i'N
lioval I Hitch HI'... SI
seal -. I :... I..I.I. I Hi I to
Sl-.sh.IT S & I. Oil ill
Sinclaii ml. 'IX, SXi',
?'.iillli I'.icilk. MS-', X.".i
stiideh.iKer . I-''!; II 'i
s'ijii Slcel III '... III'i
Ti nn f & l' l"V i;"
'I'l'VII Co l.",('.. t.Ki'j
Tohatcn I "mil . .".II .".X"..
(III.. n I'.nlllc .I.'I'... I'M'-i
I SCI P S K !(!' I.V'i
!J'i - '
,-,!, 1!1
",(l'l 'l
Ki"
It's .
U'j '-
aa'i '
XH'h '
li'.i '"
!I!Hh '
r,i)'4 1 'li
ill',
X0TU
noi-,, i.'i,
Id's ' I I
32 ' , l
:i.-
tliHv i i'i '. i
15 l',S lit'-.. O i
II II . I
ni", ni'i - 'i
'i '4
S'.fc 's '
XX
1ST, . .1,
SI'..
X's '
311 I'll
ins". :'
t: ',
: 'h
i si... I,
IC.'a ',
:i:i' i.
x;, xx'L. 'i
do' mi' ''
34 'i Al'i - ' i
!IX, tlll'i
:..".. s :'..
S3'h Sl' I
!:i' !.,i'! 's
."lllllll 1.M1I
Hull Mmsellles r.s
conn Mldval. r.s . . .
I'll") Mo Pile Ken l
;. loiio n v c .v. ii its
31100 do Is ...
jnno .I,. I'.s
I 'Mm .N V X ,v. H
lis . . . XK
iioo x v it. ,.,,ii .-,. :
lono Nor l'ac pr Is 8S
-'000 do gen 3'. . i'.S",
inon Pen i hl-l r.s . T.t.i,
llioo l'ac i. 'lis .". . T'i"b
7OO0 Pa gen ct I '-s !"i
MioO I'ere Alani r.s. . (.-J
Viioii lb-ail gen Is . s
"lioil Sinclaii wir Ts .l'
.Mino Sinclair 7s . :H ",
Kioo Sll, SI- ajl (-,:,
iloeii do Series A . fi'i
lllnoo do Scries 11 71 ' .
Minn Scabfl AL .ulrm .-.'I' ,
r.aiioo So l'ac c Is. i,o
mno do cv r.s . . im ' .
S.-.I1IHI do ifd Is . Sn.i,
M)lin So Itv.y gen Is hi'",
.".000 do con ."is . . !l3
.".nnil ToMo .Is . . .78',
L'.'ionn f s Ituliher us. M
InOO f S (Jnv Is . . 'or.i..
I noon f s Steel sf r.s nniK
1000 do reg 5s. . . nsv.
tnoo fn l'ac rfd Is. Sin"
mno fn hm, s v is ;:
r.ono t" K ci! .v i r.s n:"..
.loon do 5'..s Him !i7j
.Union do rc.s n 'IH flic
mno do ,-.', t, inL'i. uri'.,
sic. tin'..
Si)'". .?'."
n " sn.i,
r.x'i :,s
n.'l-i, na.i,
so', so'.
M x
os-i
7 (..
M
'.' '. '
rii
Nfw Yurli, Mb; IS.
1'lie oil st-ei.s atlraettd most atten
tion in the trailing on the Hrood Htr?et
Cuib with Important interests putting
leeuniulated orders in lhoue Issues, buy-
Ing some of them at vigorous advances
S7 llnuslnn oil made the greatest gain
S ' I iri this gioun. following Its upturn c-
5;'-' teiilay of 10 points with a further ail-
Sp value of .'. points, opening at ." 7 ' i and
y.l moving UP to f.l': in the next few
r.l- minutes'.
l"niK Th.ie was heavy trading alu'i in
'" Sapiilp.i. 'vliieli advanced from S7 to
!)'.. Cnsden sold at (. 'i and 7 and
rodui hm was IraiJi-d in at
IIIIXI1S
lll.-li I..
sionoOi. !- I'i mi on
tnoo I. ih linn. is
l',s 5. a 7 . 7 l IH.iB
I5.-.0 .1.1 3lss!l!).l(l 111). 10 ill), I II
i ixini ih. l iii, so ni.no nt.xo .in
i min (ii.ististii.no fii.iiii iii.oo .10
nrmn LI, II.. I.'I,...
Torpedo told at .'.?. I'nltfd styles. - (st .. n. j,. ,,. , (
.steanihliip was lirin vvitli sales at 7.
.n Mining i loci, s were (ulet and with- Tni.il sides, xlo.s.'.o. ri.tncireil llh 5IX.-.-,'
-"I't important feature. Hecla sLllliig at , jk' Vif"imo ' "'ls ""'k' "'" '"'"'" '"'
73". t7 and Itay lleroulc-. at I1-. Thf re
7P a Mas onl a small amount of busmen, i
!;; t.. hour- iiH.iinc. . Local Bid and Ashed
, - Moloi sioeKs wete dull and '.. ilhoul ' .
s i
iix.nx mi
,. inu ni..-. ni.to
li.viix (iLi i 1)1.01 Dixl.'lioina
7.nn ?.? II3.H0 " and ,
M''-.! War-order slocKs v ere quiet. Aetna
s'"j i r.xploslves selling at 1 5 'J to LI. Sub-I"'-
marine at 17' and 17' and Wrlglil-,J!-'J
.Vlartin at 11', to 1 1
,siii. Hums Hrotliers waj. dull, with only a
sl ' -mial! aino'int of trading at "5. Lake
XS"
Sales in Philadelphia
S-l
llnh I n.v r Ior fliR.
m Ha- . ""'
inn llald Loe D.'Pli n.'Pi Dili '
II .v. S I . TlU'l! . .
.1.1 do plef IK Il'i IH - ",
llrlll .III. 'JS
Kite Slnr .'i0
Ins C X A . . t-'Sn, .
nllll.kSupC I7'1s f.'s nn J- 'i
Leli Nnv. . ns'
Leli Val ton'.s . .
Mlnehlll. .. t.V)
210 Midvale. . SS ' i S3'i SS ',ij
100 Nev Cons Sll'4 SK't Sll'4 's
inoNVMI&ll ll'.i ll,i 1114 -i l''i
5S Penn it It in), II", Il'ii ',
I'hil.i Co. -r'JD
10 do cm pf a.1 33 33 ",
SOl'lllla Klc SSTJ, 2.1'!, 2ST,
so p it t i c 'JT, :(. an ',;
"III Heading.. XX';, K1), XX ",
Toil llel.. . 3,., . .
1011 Ton Mill. 'J'J 2 lo 2 15
3S I'll Tllic. II II II '.I
ion f i; l nt'-i i'4 ?',4 ' '.4
iooo i" s sti no', io; hot, '
W.ll i& s- . . HS
so w ciamp ;ii :ii "
.(.iilolalton given ii vestirdio's e1o"e.
I"l:il sales, tooS sl.nres. iiimiuirr.) villli
11113 shares jrslrnl.iti llils .nek, f.O.IIX
slnires, lust .rck, S2.(IJ shares.
i l.ij.
an
s.. I
. I"
13'.
'.'1-'l
I'. .', ' ,
p'coil change in price
INIIfsritl M
Te.lHV
lli.l As',
V. l. lUi-v
Itl.l Al.
71'
71'. Neica Kxnlo
M'j Am Hrll Mfg
7'' li . Am Marconi .
I lio 'Am Wilting Paper .
7;iTg Mr llcduetion .
i;-.r. Canadian Cor Co..
i3 .,:i ('an Car s h'dy pref.
-si -yi- Chevrolet Motors ...
so', si ''.r.iv:1' ."..'. ',....
in't ln".i ... i.ss j.T-.....,ii.-
7) '
01' .
7!"
li 'I
1 1",
3
a a.
3H
Kin. Id's
S'lT, S3'i
'JO.Ih .'OVk
I32'...
KI"h
ta'i .
NT, -P..
llis-l, I '.
It,, '
IV "s
I'I'v
'Illii. .
si " '
II I ' : ' I
SO
'!(' ' .
XX ' ,
00 1
KJ'a I'..-
I III I
lit",. r!4
Hi, ',
XS--S, '.
I I ' I '
13',
17' '
I SB'.. "J,
SX ' ..
I'urwi'ii Tool
I ':. rli.in Vl n..
lis'- OS'... .;,iierson I'lionograph
,.,... T.-j .-ederal I've .
-7 "7 Ilendee Mfg . .
:'." ti!' '; Imer-Llihe
!'7aM '''' Kathoilion II pfil.
'Hi M'k Lake 'lorp Hoal .
05'. !i."i', Lelllgll Coal Satis
Lima I o ...
Maxhn Minntioiis . .
lnl.il s.ilrs. S3 .i.'in ooo. (i i ..in, .vi.Min, rnis
f I.H.II.IXIII vrslerilim Mil. nrck. SI1.NIII.linn: s . s-hinl.nihlim:
I il week, S'.v7.ll 1,000. . ' :MI1 1, .. ...
N.c- .ier Pap Pulp
lite Klevalol
INNfllVi; MCW .OltK STOCKS !'.:;.','i,''"i;nK"""'
rolloiving are n'l"iitlons for iiMnilvo lle.l.h n Tru. '..
New- Yolk Mocks anil m which there Scrums Booth
were no transactions today. Tho price S S Kics.ig:' w i
elven is the laSi previous sale. s-andaul Molms . .
V.lv r.llio.lv l Nut C & S pf.HO'i v"'('1 Mlovs . .
m ,1 P.mnlev pf "" -at 17 & S pf OpC, Sublliallne . .
VilV Kuhbei'. ''"' N O'VS. M. " ' St .losepll Lillll
s x. ie. cic'l Pf Ji V & a l ii T"dd Shiplmlhling . .
" inCarr Pf HO Nottoll. & So. 21K i Irlangle I' I in . .
i ,..'.,.,. i i.l ".7 Xorft West pf 79 , I idled Profit Slinlicg
- ri r-xnress. -S'4 .x v,"." w -''.
An I Hie .XI. W 'V::'" A,n"',
" v, I... s;,.,. of .-.IH, Niimi '-co S i.
ll.i Ii tii'.-r 1 H wmiw - .tir It," 1 3 lift
vyr, y:, ,.r w.j I..v;,MM,,r,1:r,s?
xii "' " ..'. . i'n a Co ..t
I'll i r.c. ' "n.
I'" i.e. r nf. ns
31 '4
X
too
X.!
IS
It.
X'l
31
3S
II
SO
13
S3
ta
i
17
tl'4
1)3
as
XS
I'll!
1 1.1
a
a
in
3
I
.V.
XS
ir.
fin
::.".
a',
is
17
xr,
1 3 '
17',
i;.'a
on
II' I stni,
' 1 llrlll .1.1.
' "" i ll.iO mi. i . .
I.'i.k, i .l.'l". f
1 iidt.r. in
le tsiniaue
11 A s.hd 1 1
.1,. lr-r . .
li." alnn T. 1
.1,. I . . . .
l-il." Sin. v'ori.
I.ehlRli Nn.
l..-hlnli iillcy .
I.el.lKli Vllllc. I
,1., iirof .
Puma It It. . .
I'hll.. KIrrlrl.
I I'hlki Oi
.1.. S i or. f
.1,. .1 . e l.nf
I riiii.. is t i
I 1 is.li 'LI
I l.,iu.,.ali .Villi
I I'nii.n 'Ir... n.i.i
I I' li I
. f s H'... .
Vnrl. IP.
!''
IS
!CI"4
I'l'j
I t
l
s
:.n
li I' i
.'.II'!
17',
r.o'n
(to',
in
37
11'.
i;
t'i'i.
.. .
S7!1.
3'.
a-,
3
It!
13
13'
17'.
til
I vv
.le pi. f
I r.nnp .V s
:i'"
;:'.
.Xs
I Ml..
I Il'i",
7'j
31
7s
so
IS
17'i
l.H'.
01
10
37
II'.
ss",
aH
n'j
117 1..
110'v
STOCK TRADING CONTINUES
SMALL ON LOCAL UXCTIANGI.;
AND CHANGES AKL rKRLGULAIl
Luke Superior Ih Leader of Home Lift. Iml Jlold Steady
at Unchanged Leel Lvath of lriedeiiek T.
Chandler Causes Erehr.ioiib of Regret
Tliere was viituail.v noiliing lo attincl spc.-ial Intel est in the short truif
Ing session of the I'hiladelphia Stock. Mxcliutigu toda.v . Onl a small luruuvor
was I ecorded and no issue shnued niomentum of ioiiseiience. Willie price
clianges were generallv small and inl.xcd. due lo the iinceilaintv of liic gtn
cral trend and the limited tinnsaetloiis.
Lake .Superior Corporation was ttic leader for home shales, tiul it was
dealt in ipilte moderatel; as compared with recent sessions, and lis iiuna
thins held stead around last night's closing level. t'hilairelphin Cum pan
cumulallve ptefcrted. vvhi. li made a good gain jeterilii . v ieldcd , nil a
small sale curly In this allci'iioon's trading. Philadelphia Kicctilc udviuued
', and llapld Triinsii (rust c(1 llllcales conlinucd dull and unchangcil. willii.nl
an.V indications of an.v feeling of unicst over the labor ifilllcullleM or .Imnini:
an attitude or coulldeiuc that liic faie Increase efforts would be success fill.
Itallro.id issues were iIohII in on a modcrale scale. Willi Heading and
Penns.vlvanla unchangcil and lliilfiili) and Susqiirliannn tru-l l( Hillciite ad
vancing i j, to ,s. Sled common wa. liic leader from point of actlv itj Im Ihe
jnal l.cl and was fairly stead.v at lit), v csterdav s last sale price.
The various rumors legarding recent activity and sticngth ol f'.alilw.ii
Loconiotive and Midvale shares were nearly forgotten In discussion; in
brokers' ollices and onl.v one block of each of tlicse issues appeared on the
tape. Tho former was off a frncliou and the latter hist I",, their prices turn
Ing easier because of lack of demand.
The llnnnclal ihMI'Icl generally was sin prised to learn uT the death of
1'ro.l-riok T. Chandler, founder oT Ihe brokcravje linn of Chandler l!ro
Co. and president of the Philadelphia Stock Ivxchnngc. and h's demise was
ilsciis;e.l inoie than nn thing else, li had .o,.Mi Unnmi for some time that
, bis health was not k f. Inn onl.v a small circle knew Unit his condition had
Ibcionio critical K ipn slims of icgrel and sadness because of his death were
heard in all P.nts of the street, anil many bankets and brokers called on his
business associates or soul iheiii messages lo extend their svmpathics
Kaslhound Freight (trows in Volume.
Ofllcials of railroads operating eastward fiom Chicago and Kt. Louis st.it.
that no particular change is shown In the eastbound freight situation, ex'cept
lliiil the volume continues p. grow larger and that the problem of distribu
tion becomes: inoie dilllcull.
Itusiness throughout the section coveied by tlicse roads has been stimu
lated by increased wages, larger mil puis, and by confidence in the domestic
situation generall.v.
Southern railroads arc running about '. to I., pet cent ahead of u year
ago. according lo nltieials. mil, coal, lumber, miscellaneous freight and sea
sonalde funis showing considerable increase.
Si's
3S
v i : vv i "
Acs., a in pf. si
,,.o uu .... ' - pin
italic '" ' - p
K.lld l.nco l' H' T'nli Ser
Hem sifi . . run r ,..,,. , ;
HlMvn I! T ' ncadniK in ,,f ;tr,
Mklll L.n.'4""-''V licarlliix I'd of 3S
itt .v wt pr urn;
s.l sii Cai nf 9,i
ill. Ser i -fir. ii
nil Pal Car 117 ,
cailniK in ,,f ;tr,
eadin& ;,! ..f !
Ttrnwu Shoe. To Hep 1 , s nf 37-,
Itnlle CX. .. " Itj S Sub pf 074.
c.i I P.ickiiiir 1- ' s.n.-iK, ., v
l en i,"...o ... -- .-axon .ikkoi, 7
ch. null, r MU" s ! S.'al, ;, ,, ,
ri, X Alton.. 7 """;' ,(;o 'u 1 1
,!. s Noith'v OS'i 'sli.ilt Ariz.. 1 7ii
i in -xuii i. " i ., , ,,,,, ;' 4
i- s nrer. . flii'B . ".'- ""
I S MeHlllship . . . t;,
rnlleil .Motors 21
fulled Sugar . . 30
Win Id's 1'illil n ':
Wriglil-Mailln Ah .. IT. 11
X.litc I'olicellt I 2
MAMMItll OIL MIMI
Illinois . . . .IXS 100
inn,. ...337 aia
Pr.llli. Pipe . ... 27S 2X11
siand ml Ch' ...2 Hi .nn
SI.iimI nil X .1 SIX sss
sil.inil nil XV. . . 27X 2XS
IMII.I'I.MMiM' OIL Mill
Harnett Oil .X Ca ' . ' 'i
Cosllell f Co
r.lk I la sin
I'e.l. ral ml
Inter Peirokui.i
lloiision 'ill .
Merlin Oil . . .
Mi.hi.M Itillnin
M.I Petiol
illin. I'n. 'I
( ikl.tiioma It f
Itice ml
Sali'llli.i It.lllllim 0ns
Sf-otioj ah
Sinclair . .
I'nitc.I (-i oil
1
i'Uii.ih;i.puia j.cnr. stocks
Koliowing aio quotations for inactive
loclis listed In thb Philadelplila Stock
Kxcliaiige and in which thcie vvcro no
transactions today. The prlcu given Is
the lat previous close:
A (7 War ... 114 Kej Tel nref. 00
Alliance Ins.. 1!) Lch Val Tr . 20
Auier Kvvy .. 30 Leh Val Tr pf "6Vj
Am Ry prof. 76 Llttm Kchuyl. 48
Anirr Mill... 1 0 i Lit Hrotliers. . II5V4
Ainer Stores. "9 IX'orth I'enna. 80
Ainer Strs nf. 9'J Penna Salt .. 88
Brill .1 ti pf.. 70 I'lilla Trai'.. 8
Cam Iron ... lOiJiPUT !4
L.imn nicei in I'cnn iiaiuu. J'.4
L.itaus isi pi o- uvvys v,o ceil -
L'a taws id pf 54 I n C of N .1.10!)'!;
Con 'I rae X .1 UG '3 U Steel pf..H0
'leu AmiIi.iii 1 1 'j Wei'i Coal ... "li
Cen Aspli pf IS W .1 i Seasll 10
tit H T ... 10 ork llwy... 9',i
lit .t H T pr. 17 Yor'i' Itwy pf. 31
Ke: tone Tel. 8
WAR NEEDS CLAIMING
STEEL MEN'S INTEREST
Short-Term Notes
ii.it"
...r . enl
An- I ..linn Oil S
Am T T (s.il-l 0
Coll In.orc S. Obi,, s
... , r . , r,., tt;. ii -ii I l.-'lllni'ire llliln ..
I rude Ins-ibls I here Will Be it-n.'.-ii-iM i- ;.
I ltri...lln ll.-ip Tr S
c I.. . r.. r..i. :.i.. ('.iiiiiiiihii p...- in ii
.;iii iiiiid nn viiisnic . i' ii a i I
Cniibiiiners
0' i
'IT,
. 13',
.. 7 ' .'.
. '.'3
.1 IS
.' 12
. . ;
r.x
23',
no
i.ocm, mimm; mock?
!70Xl)PAIf STOCKS
Ulrl
.Km P.iitlir 7s
VI .. N.nii,.r.i . -'o
vn.li.jy nil
ivliinli L.tinniun no
Vli.nl. n... . II
N..rih Sl'ii I.'I
It hi. I.'uIh In
I W est Km) ss
(ilil.tH'lllI.I) SlUI'kh
I Vtl.-oit.i n7
I mm. nun n.'
I lloelli i3
1 I !;, mr..i. (i.-l. 1 III! OI
' ll.is. Ill
'min.is "
'Oio "I
,03
New inrk. May IS.
Virtuall.i all interesi altachcs lo
the eonfetence held vestiM-ilay between
tile large steel ptodnceis led liv. .llldge
K 11 riarv, chairman of the (ommittee
P.' H A llll.l'.ll
llrie llMllrn.ol . . S
(lisu'ral l-:l".-lri.' 11
Celler.ll l.le.lrle !
Uri wt Nerlli lt. v :.
N V Cenlr.il. . . S
l-el.lis. I.rnil I'll l"j
Pill, s.'i I'm V I -.
Tt. in Aim I VI i' s
Southern ll. . S
I'lkli Seeur I'.itl. I!
VV.I III k .Mtc il
I'll" II .1 V k
Sept 'IS 110' OH'.
lvii "in !i'. nn
.luiv 'is ,n.-, no-,
.tui.. 'to ion, us.
I vi. in H71. iisx,
.tub MS Ii7'i 07,
Vh.r 2-1 Sis', lis",
Jul- "Jl H3' !'l
Alls- 'J0 !I7S nf.,
Apr 'III 07t, 07',
lie,- -HI 1(11(1, 1(1111,
.lulv ';o liinN, loo",
s. pt "JO !(7!. OS
S.l.l '10 OS US';.
.1 "-M !'-.' '.I'l't
Vlnr 10 07 !T,
t-'oii to tia 04
Vh,r 'p. US', i"
S.pt 'J'.' S7', so'.
I". I. 'to oo't OI'V,
on steel and stc-1 pro.lueis of the Allien-' A1',J,!"i'-,e,'r.!!r'.
can lion and Steel Industry, and the Arrfeiuin .mi
I lllltollutl Holt
ineniiiers oi in., war innuMrles tioaro.
While nothing olliclal has been said
about tlii nieetini; it is believid that
the steel men received additional infor
mation about the probable require incuts
of the (tovertnuent and its Allies for
war purposes, so that they can shape
tluir future operations nccordingl.v . ' ltU SILYKK
( ontrary to the opinion which ap- j
r(lf!i:UlN' I!(IV LIINMLNT SKf't lll'l IKS
Vus 10 OlP, 07
llel 'III ICJ't .e,f.
Mnv '.'O 07 07'.
Au- 10 07 07',
l'll nf Pail. is u.l II M1-.. sr.
Uepuli or Frsn. . S's Apr 'III OS.'. "S-,
rtus'lan ll.'vt . . ''' .lime 'III .'11 !
Itiwlnn (lot . S'j 11... J 33 as
il.ol uT Swltcr. S Vlar 'ilii PU't In.'
Ill N of O II . S Sept 'IS 11(1'- !l!l.
In u of ii li r.'ii No. -in n7 nr'v
I li K ..f II II. S'j Nov ".M OS P.".',
"I'.nu. rtit.h li.t.i liiiiK-l.-rm l.unO1
- - ' rm.e.t Kilv Df.inp t '. .v. S I- i.j
isi'. '. .'" ..... ... Afv I. .v s: i- ,.p -.., i
. - . .- , - X- I . i.l . . ....... ,,, . , ..... .
s: in v ... I3'?n. lai i;r; '. " ., .... ... i-.i- st . .c si .i- ... n nu'-u vv e-i n ... , . ,.
"- ,.......,.-.- .... , f., -.--,, ,,, . TV.?- --..-'.. J', I . ............. I. .....1.1. ... ..',
f . Carrying the Wall stieet parallel still fuilhei an encouraging d' vi 1 I' S S, X. "'''f jj, j, j , ',' Ct Tob l.ee 1 '' SV pr ;. , viinim. snip It- sih.r PI. k ..'. . '" '" W .113
j Wment would be the apiiolniniciit of a receiver and tlie vvindlnr. ii) or ,; plr . ,iu,il u'oC u' on j!! ?"! J ' ' '4 seM,,',; ' ,,' ' f-'.M u--k,, sian laid . s m misi'i;i.!,am;..is
K, W.dtssraeeful business. As noted ahcady, there Is no childish cnthu- n.!.,; hi xa-;, xa;N .. Co..'.. , ,, 'ud ' '. "'. ' ii I s" . . s:. 5?
tXm In Kevv York 1, nan.',.,, circles that any ncarbv coliapse of the " ' 'J' 'Jj - 'Jj .; ' ' vmibh'l ,.r .... -;;,; '. , R.i-u v . .' -S .. ..-. c.v Mining , .. ,'2
,&; of empires Is at hand. It mi-.l,, po-iblv be regarded as the luiiit do pi.'f 12 .2 .2 . ,,.., s ,,., , ,;. Sim., Motor . i ,',.',' 'Xrooa. ! . . . i ,C i'. 5'.1 xTr VHIK I (III IT VUIKIT
K-'elSexpebtations ti.at ., posuion has at ,at brc, reached w her, full ,c w..sii,,gh Mfg" ll, nn, ,,!,.; I R '; ; ,rVr nu-o 1 1 0 ' Lmma - on-ohdated . . ', '', 7-a.- M.W MMIK IO I 1,1. MAI IkU
feiyerymaybesaidloha.e.c..,, med iron, the collar of I'us.in and ;,-,;; "I; " - ,'; f .. ;, .fo . . V.' K. ll'Wl r " ' ' V 1" a'l, !,,ee" filmres nedM 'an L-nie 'o.
Eil'tlikt once acuni the Ikimi i i.!nlitiiH8 arc hi f.ior of the lliv It i- -t it.mu '"- ;; ,,, ,, r.rrris I,;''1 i:kinHl 'om- ' '4 1 1 e 'J point, with tniihw; 011 the call
I- i rU I-ir-i. '- , -' n llin'illlplil (HflltP . Ill I.' 1 -
1 1 . HI" nun 1 , M 1 . . ,,..,. 1 . 1 ..
... .t
jjfiftferest to note that a wr lai u'c hanUor Jut hm-K fioni Loinion prnhtt-.
HHllit the war will end in uuee nioiun-.
5t.M"WK' ...
BUSINESS IS SMALL COTTON CLOSES FIRM
ISW' . ., ,-, .rMwimiT inmitl
Wi THE CORN MAKhM AHILK, IttKLbULAllll
m -'
lil.il Allies. SOX.SOO sli.irrs. runn..iri'il i.llli c. ... ".1 ot
1.070 SIM) sli.iris ..eslrrilii? I .lli.ls ..eel. n.. ..' e; ,,i 'JR'
S..I..1IIIU SMU.-rsi .... ..... (.on ,.,,, ., ,.i.i . ,. , ... .. ,Kl. Mi,,,,,,;
Hen cigor .. "j"; ,.''' ,,""" Mow.. Sound
'I'rsn Wins
Tin cilv It.
1 0 ', fe I,;',
ii Miiiisp.r
n. . in NK stti;mkm'
rieii riEBi- nf. 03Ti ''"'I'd
sti
n Mti
t'nld (
I nited ISy Inv ,0
id
" . . . av 11-1 f "i, iTV A . An .... (-..Lm-ijiL liini-imeii it hit.i nfihlul IniVfl (.Pllt ... S
'rTpp-8 Ari Irrppii nr p.ni bciiti- Incrcaseil olunic oi uiieniiKS :,V. .". ..r " it... w
m
'He
Wmenl, Conlinues IMixcd Of-
S-J'V ferings of Oals Light
&
tiRAiv bei.t vr.riiLi: iiirli sr
f -CWr. Mar IX. Illinois. ""'
p KotiMl mid Uronsln l.f nerully futr
.v. tnnhtbt and Smidii).
p Mlnnaota linfrnll fair Imiichl. iirnli-
.'HD4y OFTIinilllK lllisril.ru -...,u.,. .
.!lwa Uenrralli' fair tonlelil anil Son-
tT.-tSorUi llakolu Pn'lly rlondi ili.il nif-
W.iriit minetll"! loiilttlil unil Mimla?.
tt '-. jtaqth naknta lientriillj fulr tunlclil:
-.Wtaaax, narllj- rlolliu. .... ,
' ttraika limrrallj' fair lonltlit anil
f 'JWonlina anil vtjombii: rarity illiuily
i. t(HHtt ttntt,ftuiiafl;
riileaEo, May IS.
From Spot Iloiiscb and IA
crpool Weaken Market
in average and deciease in
rrnge reserve
ii ase
Mail" folloiv
IlKli'pen.lence l.
l l. roinc v et ,le . . . .
I .Inn Kutlir
i .lumlio Lxleiision . . .
, I MiKinlev-D.u ragli . .
.viagmii i upper
Mother Lode
Mines Co of America.
Nevada Hills
Nevada onncr
uiiTo.N iiri.r m:Tiu.it onihikins
New irk, lu IX. The follow htK Irnt
pertiliires u.rr rfrorded In Ihe iiitl.in llt
lids iiiorninK: .... x
I Vhuoil, Niiklltlllr, Vucii-I . VV lliiil" -
Inn nod .l-l.ks.iiiillle. 02: Okluliillll I. I'nrt
inltli, Xlerlilliin. Illriiiliicliiiiii. I'liilttn
noiicii. 1limlu. rlioiimsilllr. I Inirleslon
nnil iisnniili. (Hi Little Hoik unci Vlrks-
, lmrr. (".Hi hrevei..rl nod I'iiiiiimi. OX;
1 Ahllelip. Vlpiimllls, New Orleans mill Ppn-
l sHi-nlu. 70: Kin Anlnnl'.., 72t Oilhrston,
7ll t onius ( hrUII. 70.
r.-w.. ...... 11. S.t
Inered-e in Average l.iuiii anil Decrea-c Hav TCIee ....lot '.""'" u 's l'a 70'
TTnn.dUiai.'M M. 73 t n ivpe pt..lol
in clual v crape Deposit Lower '',,, .",... ,,r ;,o t'n B & Pa.. ll;
x... x.L M:n IX. -The N'e York 1 "t C Coi p pf ' " H?, lw ?..'. 9t7 . ,
bank-statement th'iH will, show Increase HH V'"1 .' ' ' ri'8 Un Pan Brd. . 1 5 il
tual loans int -xbt in . . j , pac n 70,;
yio.cu r"iii.ij Nlp.sslllg
"',. 'i. ," "lit I" S lad Al pf 07
KeoK (v i .i . '? j liiiKi.n -ltl
,-"';, O'V '-, i-snunVnMo. J
iiia 33.'. i ,;,,'Kl'i ,i- ir- l! s I"' ""P 15'i
Lr& Mys-Iolf.. u S r.ity Imp
mi. nation i.ig&M rpt.H'. ,Bt Ilf -
"" ViJ Z Lorillard ....tJ C S Sm & It
... i!i '.'"?, Louis & Nash 117 ,,rcf :1.
-'"-""" , Mackay Co 75 I'tah SeeCorp 13G
Manhot Llev. 9j c a n 1st pf.103
-1 11-.il mm . Mav Dent pf.lO'J'4 y. 1,. i- ,c. ,. ,;
.;. m qi. r?i ...... .... .... 1
...a, ... -;w. r. . .uiMii utl,, If ' Tl.,.1.1. 1 -..
21 l 1 ::-"."::. .
.10
ll... III-
X'.-t .1 in.ii.J
P.lHllS . .
Net (one (lrpo-iU
I Ir. ulxtlmi
1'i.sh hi .null.'
Iteveri. nf 111. lu
ll, r I.h nl.4 in Hi -w.
lie hunks.
llesi-rv In Ul
v i:i;aui;
II.S'.II sss
1 3 '.-.-. J'j-.'.oon
177. oil'. "im
an. sail. 000
.107.301. i'"0
Ohio Coppei . . . .
P.a lien ulc . . .
Sail To . '.
Sfu.ut . . .
Tonopah Lxlelinon
riiilcd Verde . . . .
Wel Lnd Con
While IMI.s
While 1 'aps
1 eriiigton
i,
1
30
as
IX
l'a
1
X'.s
ni
10
3-32
Ih
31) '.j
X.1
Ulllet
' , Maich posiiions-.
i: 1 T"'
1 ,- , II Mull 1...U I loe cli
I I, Sept. ml., r s :;.,
-, , 1 1. ,-. nil., r s ,-,. S..M s ,-,3
1 I M1111I1 . . S.l'.l S 71 s 71
pears in Oovernment circles tliot the
entire output of ileel planl-. of this 1 N
eountrv villi he needed in the prosecu-
Hon of the war. "-nine of the lies, posted 1
authorities in the trade lnisl that wlieni
operations "gel noing"' there will be a
surplus availalile for onlsid,. consumers
'I liej liae tills-, opinion on their hnowl- 1
edge of the lluprov enienls w hlch are he
Ing made In the output figures of many
companies, as well hh the increased pin- 1
duetion which vil, I result from the ad
ditions being made to planL in many ,
seclioiiK nf iho country, the effects of t
vi Inch will he felt m the next fen
months
It uiiglil he stated in pas ing that the
authorities who have expressed these
views have heen found lo be right m the '
x.3x s an pasi w ni never nicy were wining to
S..-.I h r.i make a prediction, so that more weight t
Toil... V. .
Vork lrit,i OQl.. It'll,
!.a!
ShI.
1 'J I S-
lllcii L1.1v
7X
10
12
:ix
1!)
I',
III
!"
II
1,
11
Financial Briefs
i'i
1 0 it.
7-3
The fourteenth annual meeting of the
American Iron ti Steel Institute will be
I held in the grand ballroom of the Wal
' doi r-Astorla. New York Cil.v. Friday.
'May 31. There villi he forenoon, after
1 noon and evening sessions.
The Lasinian Kodak Company coiu-
k. ! bined Income account for I lie oar ended
ini.1: .. Iiecnnher 31 shows prof'.ls of 714.511..
XI " XX ' 5G7. This is a decrease, as compared
3 I with the previous year, or 2.i ib.i.30,
S, 13-32 and leaves a halance of li.'.r.s a share.
against .f s 1.. ii la r.i to.
IIOMIP.
0X!i
Its 000
New inrk. May IS
Tile .cotton nun ket vias uns.'ttlld to
da.v. but it impioved and finished (Inn
Cora ' Vag irregular tlila morning, but , Cal.les from Liverpool, announcing that
Volume ot business was niall and th Urilisli lloanl of Cotton Control Net il.-mai .1 .1
V). .... .!..: Tr... t, nnil..,.- r. 1 ... .,..,.... ......? .1.. .. ....l-l..n ...... t.OIllt
iCnUellClll. "0 llllr,u ,.,u t,t.... . j aa UCCIllC.I IO ll.IU.l- llll- nuilllll., ll.uc ' s,-,,
UK a.
,m,,...il.- '. !1 ox ii, ,.j.i -,',..-. nno , j-Mtr.:,P, 'Jl u..r It It )f. bi I S"n t'i-.,,... 7K S-
i.serv in st..ie ', ,.on "hi Vell-Farcu iiu.' n,-den .t i.o lis- .x x.
.'Vi.U.rrVi ,n"' T .-.. .. MVx"petpf..lt9- Wel'tM";. t i t Cm, b '! s' ' ' " "
ViVrSKrrrrv sat 707,.oo .;:. , JM.nn;. Mich Cj -lit . 11 Wrt,ine,1ClUS9 ua .ov -... M
P.i.eri. r.MUlr.l ni.-jJi.;. '-,.-'.. Jill v SI I. Il n l"i 01 Wniiilierii I'l- Ss H't. oil
sun.!-... I'. .-,'10.7111 0'.2. I Mo ,.r.... GSH WueeliLi;. ;i "."J, J n 7 "o ill!
.."..'.Kirs...., .l.n.lt. il'tlue...! ISU.- ..'lLx. 3? Willie Jit 9A TudU SliliibullUlnB" M 9
ax'i
ax
mirted flno for the pew crop. The ro-
t;;c'lpt here today vveie stventy-thiee
n.l'i.iTi .Mi.i;i.riu.
.VI tual '
I.S70. 120 Ooo 'MO
S.O.'.O Ijs imio
1 1 me lie
linsllH .
'Ireiil.ttlon
whicli would cut Ihe consumption of the I'aih In vauitn.
American output to about 35.1100 bales ""' "li'iiki t'n rV
weekly, compareu with a previous rate i ere banks
in mills from 53' t lo 10 hours a week.
.lit.asd.ooi)
S "33.0110
, i.Ai;:- ... i nr t. I 1 1 Z'.
1 JllY OlltJIIsU "I -!.i, y'4 i.t ..
airmf ' Jl.tl'.j at the end yesteruay.
i;'after declining to $1.41 H on seat-
eridilllne, rullled to 1.4 1
'tttrlnea of oata were light and the
i.Tvas Bteaay, dui traae wan suian.
Vth huy.lpg was due to a rear
ineW crop may be late in moving.
Ktpts hero today were 107 cars.
tarted He lower at 73 lie. but
tfH-75'ic. July opened at 6SH , ugatu, ilitpiaing rainer severe weaiv
'against G6c at the end yes- ness for a time.
uri later sold sit CB?,c. Jur fe to 3l.b5e and October to
BellHs of wheat at .Minneapolis . 23.80c. representing losses of 40 and 32 Loans love.iin i jimi.xi I.limj
Uli loday'were 202 cars, against iiolnts. respectlvel.v. It was felt that JlJJJ..,,;., "'i,', k '
! last year; at Winnipeg S3 1 the action of the British board removed n.,tea vi!.7ll.-'i'"
ared witli C38 cars; at Chi-. any hope of an Improvement hi exports, lIfI"''''" ,V?i",
t.irs. against C88. i for some time. Ne York . . "s'.'3 smi
m cables reported favorable! Influenced by the rainer unfavorable i i'iou
f.hV Arcerithiu. where prepara- average ot early newB and a satisfactory . 'IJJSi ' "".
the wheat 'crop continued to i weainer map, me mom cuuuii ouirKci perrenuife or it
weather man. the market opened at a' aeive . . . .
.decline of 2ii20 points mid ruled Ir.
I ion ooo
3 I J 1100
v... 1 u i. ! t ril ul
viuother map made the tone heav for a ei.nip.uiies
time' Selling, however, was not active ' Itesene In si.iie
or in large lots j ."ri uu,l
Initial iUotatluns were - to I'D points ! Ak-sTri.-i.le
lower. Iter there was a brief rally, "'rv
but an Increased volume of offerings surnua
from spot houses and Liverpool followed ! J"".,, ,U10EltB de.,Ueicd. I2.51L
and prices uulekly turned downward . ,-v,,,,,
Jspeele ini'iuiii'u. .. ..u.e.wuv.
IM srtp & ss.M 00 WHIys-O lief 80',
Nat Acme ... ;;a vvooiw-onn ..ua
Nat Blsct .. 95 Wor C&M pfU 90 H
,Nat Uls pf..llui; Worth 1' & Jl 4aMi
e .,s nno i Nat Clk -. o'J ortlilngton
o js onn N(il u n 0. p & j, IJ( B 6g
7 oin.ono Mcx Sd Df 6'i W Md 2d Pt 2
3J"""" HANK CUv KINGS INCKEASK
Snii.OIS.noo SS 107 Don
Busincs- 18.1 I'er (lent Miovc (Jorre-
riUKIiL DEPOSITS DKOP
1 70 ..iis.ono
aii.TP.'.ooo
mi, 70o. oon
Loral Hescrvc Hank Statement Mm
Show- Decrease in (told Itesencs
Mow iiuickly Government deposits are
paid out or nansferred to other cities
is shoivn in the weekly statement of
the I-'ederal Uesorve Uank reporting
deposits of $747.(151 on May 17. as com
pared with $1,114,581 on May 10.
Total cold reserves on Mav 17 wero
Total bank clearing in the principal $151.389.5110. as compared with $15B,
cities of the iountr for the week ended 707.245 on May 10, the decrease being
SB 731 71.-. Sltn aimliisli "lral''l "'"' ". " '" ."' "'7 Kiu rri-
-poniling Week Last Year
OL-TSIHK IIVNK STATILVIU.NT
STATU HANKS
-.1. -.11. 111,1, -.1; n... 1.11.1 . .e -n. -,- o .. ... . i.l ii.cu.ao3 ..
ixr iiil.'ir.ii '.-iia.inn tona.v weie )''."" """n!l1 tlement fund Total hllln on hand were
IH.1011..-1I0 .-.il.tios.IOo , $B, 474.243. 3(io last weei. ano 15,700.- j $113,232,223. as compared with $64,155.-
0tC287 this week last sear. Clearings, 033 on .xiay iu. inc loiai nan run niucn
i i.i,n..,iei,.i.i., were j"? -.- s or, I,. higher between Rlatements. but was re
in Philadelphia were J-Ui.a..J ... an In- uui.eu bv substantial maturities early
ciease of 14.3 per cent, cjmparcd with I this week.
i... ,-..- I Federal resei ve notes In actual cir-
. .. . . . .. . .. i ,-.. ,., . ..... wcic ....uiicu ,, . .i.k.i ,:. n in
... . .n ...... ill is nil. !.- :.-.-- --,.- - . , ,.
l"'.'"r"" ,. ... .... ,..,,- i.'k, ,ms ... ,.-.. ,-ii ,-- ',- .
' 'i-hieaso taii.s,in.a,.'i iaa.sns..-.ss o
1.II29.30O Phiu.. si"-???-:'?: VS::-ir-", -J -S
Motion . in ,t 1.1..11 -i i .. i i-.
Knn. ttv 1.10.P.V-MKI 1 1T.1(.0,N1 I'Mi
l is? sfio , Ht. Utuin iau.tnni.ti:.. mr.iti'.'JiT in...
17.714 100 Khu .'ran 01.1ini).40i 7 .-:v..:.77 ir..ij
Pltinburaii uj.aniAVj' (.i).s4-j.i7- w.s
a.nlii 0ti nplrolt . ."fl.W7S,.,il r.4. 7.10.1
Itnltlnior r.a.Hl.i.sfffi
Tw'fnty-niii tiational b.iuks of Pitts
Ihiik ifp'Ti .172.7 1, tilt ft clfpualtH, rm in
creiipc uf $-1," tr,ir.i bntwoeii calls.
Up to rstcrd.ty thf local Federal 1
scre Hank had rrlfasrl for iIpIImtv to ' , $ . , t.... .
c.ihi MihsrribcrM IK'D.OOO.OOU of the nw , fa,!l X0,i MC' Uh "
Libeily Loan 1 p.
1 K'l'.l run lift rr ,n, fn flinvn .iitlniiinsi Ih-iii . ti
ordinary rason here forooa:UH and eMi- i
mates are inad
Production of the ylct'l plants of Hie
country at the present time i.s running
at more than 90 per cent nf cupacit.
with soon of thf larger mills doing i
slightly better than 95 per cent, accord-
Ing to trade interests. i
This liuutiH that it ran lie saul that '
thr Meel industry i now unrMnp at I
apaelty Of course, the gteater pai I ,
of this pro'luctlon is being taken bj the
Cioertunriit, either directl or indireetl. '
In connection with contracts placed fori
articles requiring tho sdeel In ar1cUb
forms
Uiif or two complaints ate heard in '
tre trade about the dillk-ult of setting j
shipments to consumers, even tn in
stances where work was being done for
tin Oovernment and priurittp had been
granted, but the.se aie lnbismiricant, and i
las a rule delixciiea aio running at ul
ow. I
A HOT BATH
l.NrAri.V. DAY or MftllT
Just turn the faucet arul
ou ct't a fiteady stream t
iLinx hot wnter. when our
boilpr Im connect pi! with a
iavni;i; wathr iii;aii;k
Hums but a bucket of coal a
cl.iv and rrriulrrn tittle atten
tion T.ow Inltlul cost Uata
u Iffetim. cany lo install.
Write for HonMct No. -
iXECfcfinn . Col
riiiniblnK and lleiitlnc fstipolifs
lilNpMr ttotmiH
l lo itu ,-itriii ruin ni. i.
C'oininerc lul failures thl.s eeK m h
rnited Slates are 190. against J11 lust
week:. 197 the preceding week and J98 ,
the corresponding week lat car Fail
ures In Canada iiumher twent-three. i
against fourteen last week, fifteen the '
preceding week and seventeen last year
The Xcw Yoik suhtreafaury gaitiLd
$110,000 from the hanks yesterday.
Ilalpli Souder has succeeded A I..
Skilton, resigned, as director of the
Pro vers and Merchants' Hank Mr Sou- ,
der is a member of the firm of Hallo- ,
well & Souder. lumber merchants
17.414.."ihi
He. sAl.anu
uiurr cpimcw onuwBt .. . ' rv -"-;.,'-" ,:... -"- - ,.ltl. ' V"7. uLn.M?i .-. u in tiu TiW
jest, .regular laier, wnn n moneraie rauy on t.oatu intstm ts i.e;i-..i'.j. " ;r.i.,.i I ' " na?f -' ...... .
t;K . . .Idal... 700 843.7BJ H7.1 III i.gn;-1 :
li. I".,.ll" UI...O...'
Urn HUh
. dellvery
Low CIoih close
,2Ttt I.27H l.ST'i l.i l.-.'7Ji
lltt 1.4SH. J.40S .41 , l.Wi
ISM n ww tin 5
C.1.00 I4.R7 tSS.OO 2417S
23.83 23.22 '23.32 23.10
M.IO 22.M 23.07 22.77
23.00 23.40 '23.00 23.30
. ., .... 42.0ft 41.10
-. ".... fi.W 42.05
ff UOIU from usnaua
May 1. A slilpraent ot
1 It expeeiea 10 arrive
n.i eurlv ilate. Tt lfl
. Ut oeiiBlgnnieiit will be
ni-i:utiaiiiifi DaiiK
coverlnR for over the week-eml.
Receipts at the liortu for the day esti
mated at 9000 bales, against 11.471 a
week aeo anil 4615 bales a year aeo.
Vc.tcrJay'i, 10:30 11:30
cIo.a Open a. ni. 11 a.m. u. in.
Mar .... 2.".. 22 23.0S 23. ON
July 2.1.03 23.1.0 23.02 23.02 24.85
Octuber . 24.12 11 1.0.1 24.11 24.11 24.00
Dec.mber. 24.1m 23.02 23.00 23.0,1 23.81
January . 23.02 23. 60
Huot .... 2U,5 ,
Cotton Stali.tirt
Keir York, Mar 18. The atatlatic.it no. I
Flnauelal CUrunlr!
Cold
Ciirrenc
kllla . . . . . ,
l.tfpo.lta 1-e.leral
Iteuerie Hunk ui
New Vjrk ... .
fepo.lta .
Iteacrve ou ile-
po.lt
Fercentarre of re-
aerve
N. tlrlean.
. 11 .lli..
.703.SOI
tlSH l"K
33.707. S00 30 I
ll
17.3
Total, all
lOO.OlO.OOO 'il.M3,Mit 5aa,'...'3.0(l 2IS.IS7 II.771.S12.0
J.oij.inu.uiiu ,oio,4uu , .ii .ties, ,.
I J any " 1.123.407. 0SJ 02S. 233.3124 21.2
200,612.800 '10.200.0001 l "?"'. ' .
.- . ,, , .i Total, oil
!0.i Unchanged ',..., ,or . .,,,.,
with in VI.-K AS-n TltCST rOMPAN!K3. "'" " ."."- -
NOT ItBl'OHTLNU TO OLKAIIINO IIOUSK
Iiou ot cotton, a a made, un by Saturday' a
i.e.., is aa ie
Ttlla
Total. , Via.
ouup.y .
Amrirn.
fallowat
Luat Xilt
wf weeit year
lana lnc.tm-a IT73.MI2.3tH 'l . . MONEY.LENDING HATES
ia.u..p.'v -uuiiiuu i
I .tieiiiiiii Pnil R ner cent :
007.500 , ' .:' ., ner nent. Commercial naper.
..:" ' ,'i.ni. ...oniliy- r.iis nee eent : six
rini.1
Currency bank
notea . . ......
Iieooalta 1 :derul
Ueacrve Hank ot
New Tork .
Total depoalta .
c.f .leiioalta ....
ttaaerve on te
13,0113.300
31.202.11(10
HI 0,1 4 2. loll
..ll
aupp'x -,. -..nfii.. -.rui.-.. .,..-j -.ah . po.it.
l.r iitqvjtm ..ji.j i.,iwtr"'IM. I. '.
tfiH.tnlT.TOO '2.'.B7l,8ou
13.).37.!00 '2, 150.000
Sl-3 ,
.i.rei to four months, Cef6 per eent; six
770.00H i months, 6 per cent.
I,14'.I,1IH
a new lilifh reconl. anil comparing with
$123,241,000 on May 10
Total reserve held against combined
net depoMlt and Kederal reserve note
llabllltieH wrh 71.7 per cent, as com
pared with "'-M per eent on May 10.
rOHEIGN EXCHANGE
Nr Yorl., May 18. SwIeh excliange
made new high records and Dutch
guilders held at the hlRh record reached
on Kriday. Otherwise the market was
iiulet.
Quotations were:
Demand etcrllng quoted 1.75 i, rabies
4.7i". 7-16. Sixty-day bills, nominally,
L73; ninety-day bills 4.71.
Paris cables 5.60T1. checks 5.71 U,
Lire cables 0.02Vj, checks 9.01,
Swiss cables 3.83. checks 3.87.
I'esetas cables 28 li, checks 28.
Stockholm cables 33, checks 341!..
Chrlstlania cables 31. checks 31 U.
Copenhagen cables 31ig, checks 31 li.
Ruble notes nominal and a. shade
easier at H.7014.80.
Barnett OiteGas
BOUGHT
SOLD
G4SK6
Morton R. Alexander
1'hilo. Stock Exchange Bids.
27 milium St.. N. Y. Cltr
COST MAN
Thoroughly eiierleiu-ed In uii-lu-iiule
iiietlioili. of ro.t aeeourtlng In iiiunu
(aelurliig llnea deftlre. u po.llloni
woulil rail at your contrnlriire for
nil Interview. II 17, Ledger Ofllre.
MIBKCTOBV OF AtTOUNTANTB
C'ertHted I'ublle Aecountanla
IWIIUNCB B. 1IUOWN & CO.
1013 nilAL U3TATB TIIU8T ULDO.
INVBHTIUATr. ti AUJUST PAnTNBHSIIlP
COnPOIlATlON Dlhl'tlTi;r ACCOUNTS
I.KIIAL AIIVKKTIMiilKNTS
K.TS1' K.STATK OI" i. (1.11 LOItt) OAT,
decea.ed Letter, teatamentary on
the above I7atate tia. I. been erupted In
Till! PItOVIDKNT L't'K AND TltUrlT
COMPANY OP rillLAUKLPIIIA. all per-
aona muoieu lo vno aa.u -raiaie are re-
DANK CLEAIHNCS
BnU clearlnga today compared with cor- auealed to make pasment. and tlioao bavins
niVim-'MIS UFCLVHE1) .reapnndlng day laat two yeara; v . clalraa lo prraent the aame. wttliout delny.
HI l IUM1IJJ Lfr.v,4..v.v. , " - .aia iii.t .ma I n . ih. nfrle of the a. Irl company. 400 Cheat.
n.puhjle Itubber Corporttlon. resolar dIVI- ptta.' , ,OS.77.87fl -isn.!;!".!? 3T,n.12-V,1 W' VWIaaluhU. r. ' I
dn4 of. tK per eent on prferei. bl mobii ., .-.3JSH.K3S 33,070,f).is 3-l.09j,lti V ABA S.JV1.SO, . )'
Care of Securities
Of all things, securities should be
secure.
They need protection from fire and
theft, but they need still more, a watch
ful care of the properties they represent.
Our booklet which will be forward
ed on request, tells you what a valuable
service we can render you for a moder
ate charge.
Commercial Trust Company
CITY HALL SQUARE
j.3:
0l, JJ031U0I1 lI
JW
Ot' !"
'-v.
.:.
rO,