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flWy . - c JliVJiiJNJLiNU XJUSJL(iU JL.iJJi)(irJjr-UJbAJJJlijLJb'ilA, THURSDAX, MAY 23, iyi8
i,', i . - .. . . int
Pft.
He"-'
Railroad Stocks under
Government Guarantee
A special Analysis,
showing the invest
ment and speculative
possibilities, has just
been issued. Sent on
request.
-Lambom&Co.
' SevenWallSlrcet.NcwYork
Philadelphia Siannih
New Orleans Hunm
New York RtocK Lxchanoe
I elO ork Cotton rxeh
. . J V 1 IVodnce Fxch
Members V y Coffee A Sugar Fr
I Chicaao Hoard of Tmtle
1 on I'yadnrrf I a H r i trt
AKWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRlCE&rl
Fir
NEW YORK STOCK MARKET STARTS
IRREGULAR AND LOWER, BUT GETS
i STRONGER WHEN SELLERS BUY
i .
Improvement Comes to Speeulathc Position After
i Liquidation Resulting From Stop Orders Copper
Issues Off on Price Announcement
.V
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,,Y
1 4
it
SK'M
mS tr . 'ur.
.v?
BteL
I-?!???
"5 rix
lit
RMS
Where Buyer
and Seller Meet:
HOW and WHY
a market place for Inner and
sellers of securities is nmlc,
and
How Stocks are Listed
on the New York Curb
are two things that pycty
lnestor should know I hev
are described in an interesting
booklet just published
You Should Read It
Send for Booklet T.U.-14 ,
JONES & BAKER
STOCK Ill'.OHl US
Widcncr Bldg., Philadelphia
nfli Wnlnnt. imn-i
Kesttone. Race 22D"
Xew "ork lio-inn
Chicago Pittsburgh
Direct Mint' It In,
JOVFS 4 BAKER
Hirlener Bldg. Phitailelphin Pn.
iou niav fmI me nur
I ooklet T (.,.,
Kama .
Address
Cttu
Nih inrli, Mi 21
The stock market was unsettled ncnln In thp oarlv finding tod is
whpn the list genptallv showed lossc ranging from 1 to nunc tlinn 2
points with commission houses heiivv spIIpis ind Hipip wns ngntn an
inneised atipplv ns the reull of the nnihinc of mnnv "stop ordPit- uhlrh
hive been left in thp market 1 hp t nltpd Slates SippI and I nion Phi Mi
vverp both InlluencPil h thp epi ution of stop mdprs and sold off shnrplv
nftpr thp opening
It wns soon (vidpnt hovvpvpi Una mans nf tht impoitant intftpsts
thit werp sellers of -Mink nt thr hi).h 'rl of n Hrnk aun hnd pomp
into thp miiikpt aetin nnd as Iiiihi ind t hi-- ip' ' niistd iini k teto
ems fiom thp arl low IpvpIs nnd w.is rtfleitcil in .1 .inpnl stpadvins of
Hip mni Upt tone -
As n mattpr of fm t thpro had iiepn nri niatPi ni in pntn p loi the heu
sellinc ind ioIent dcilinr" t-tptda . 1 i ' pt Ihp wpiknc fl tin sppru
htip position whiili ) dnp rhiefl t tin I'mon t lkrn M minv
bioki rs hn inslsli il on the pi 11 ins? of si on nil r- 1 un on vtoi k rartipd
in strong '11 counts
Willi Hip fuithM h'tUidation ipnltin fi in tin (piution of thpsp
stop ok1pi therp )- idditional i-lrnj.tli 11 iht -pi 11I mw position ni ik
ins inllios aft 1 rnrh dpi Imps tola cpnrkh m onli 1
1 nitPd States tpil lommon op nrd ' ii( it liiT1 and iftPt dp
ilinuiB to lOiTV, iwiiwinl ncailx nil it- ln 1m1n in Cotton 'HI
ap iln f t t pt i nilh stiong mm iiir up .' to It ind mpririn Lin-Pul
made 1 itnin of 1 ', 10 lu'j
I"nitle knowlpdKt ihit the Merc intilp M nine ! il hoi lipcn 1 lo-ed
x is Plftftivp in h Idini. th il -toi k stionu whiU othi important lsuts
wptp nik ind in tlu1 1 it loiinoon 11 -MowpI 1 . un if t'( with -ilts
it in:
I ho 1 nppi 1 -tor ls uprp in siipplv it 1 m -mi n- r ihout 1 1 omt
!prin(j if di ip) ointnu nt o r thf 111110 nu nm 1 1 1I111 th i rrnnipiit
M'llllll III I I 1 I IK ( Till I 1 1 1 f 1 oj P I f I ill ll I 1' - ill t I II 1
HEAVY SALES OF CORN COTTON OPENS LOWER,
STRENGTHEN PRICES RUT LATER RALLIES
"
A'cio York Stock Sales
1
Last
riff tllgti
Ai.U00(1t 1 .
Alika Jnneiu 1 1"
AHljChVmMff W4 U'
AUHf hilmMfcnf S0 SO
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Am ran 4(V 47
mr-irlFiiv 7S', 7S'i
m Cotton (111 41' j 4J'
Am Intprnationit IVj "
mcp u
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miimn 1. nr nro, nv,
mltns"ii ini, sp-
Mr I Inoipd pf 7R 7"'
m I oinniothe rfi'4 00
m Man jst pf pi l
Vnismi.t f. fief st l1)
msmo'i a ii.fpf iijVj ,, .
MnSiinvitrilnb 121'. 110, m'j 1-'T
Mn -t(.(. Koiniirlcs 00
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m IpIA Ic 07 ur T
mlnbirrn lfip,
ni lnhiii-o pfrow ni'.
11'. 42'i
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11 'n
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7V, 7S',
ro , inv j
IS 4S
ST4 1
New York Bond Sales
Sales in Philadelphia
112
07
K.irh Market Weak. Vi ilh (io.l ( able-, tin- catlici and
I TIM NOTICI s
! ''K?5 MHItl TO M HUM Its
& -w J?ndlnB the eslubllshin lit nf formal
'fSLW.xJ- rlmnlnr nn M.iv 5. lfllS. Ih. 1'i-nr mi 1 irrv
Si,,t lixirawbrldge rrosjnn the S huvlklll Ht r In
-W, r-i ine liy OI I'mmuipnia win 11 k pi i i i
iJw"i ii to all rUtr tralllc exrfpt louli 1 nr in m InB
rmKI'i eieamers ano i uy urn or pun i ji i
vir twefn thi hours of 0 tO unil 7 l"i u in n 1
JViy i fi 00 and fitlA ii m , litt fxcent 'iiiiiI oi
i?j!l fm as a war mfaaur to pprmlt nnh urn Tf i
iiV"s4i orerattons In connretlnn wlih t.oirnmt nt
AS -t A.lr lln lalnnl tin
nui K n l iiuk linini n
NEWTON D nAKFH "rrlar it W u
Sciitinicnl (oiilimiitif;
n.'a.ih
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( Id ico Mn lllimil Iirtl
rlnnih liuiiclil Irhlii no- III ft mil
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tlnx
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Mltim-tit i lnoir I ill Ii nn.li! mil
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pil unil frnlril lnnii.lit mill In hnrtli
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Miinlmii mill iiinlni: P irll 1 1 nnh
Ii nletit mill I riil n
Lncrponl cllnm IlaM- In
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IUtli III I 1 WIMIIIIt IIIMIITHIS
Nm iirk Mn I Hi. NilliHlnc
tmil i i llnri h ii.r. iiiiinlil In Hit hi.
ton I It Ihi. iniirliint
lltriiiinLli on mil Kn.iwilli .l Ilium
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till tllllllll lllll IH !! Vlllf.lll. nil.. I
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m im I As
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Hirrott ( o
Hitopl i limns
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7000 m Tel Bs 02 12 '12
tnnn Atch c U HO 87 87 S7
conn Hetb sn iPt 5S
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inoni'ent l.r 1st 5s 15 il 15
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nnon fhi est u -,8', 58 ss,
jnnn r n&Q Joint Is ip, 13 qp,
jnnni'M&btl'if 4t9s ;n To 7n
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nnnn m sfc cor 5s us ss 88
I12nnn 1 Hep 5i,ss 18 18 08 I
lonnr;Pn 1.1 deb Br i8a. 18 18,
tonn HI St dPh (Us ST. Sit. 811,,
5000 Inter Met tijs 52', 52 fi."i.
tnono In Mor Mai hs 081. 18 1SU I
10011 tCsri I" T lol 1 TBI "111 TAl" I
linn I.ii n 1st 4s 1815 18i 1st,,'
'SiJBniTr,51 "' 1''" "' 1'HHDEt.PHIA I.NACTIET0CKS
ninnni'ii, iion.i i, noif, is'nr, tiffin FollowlnB sip qiiotatlnns from In-
I if 00 I Hi llnnil Ih 04 Hn II ;s 01 no aptlp storks lltPfl In the Plitlideipni 1
I8000 I im i, mux 11 hi 01 81 'lock OclnnKP ind In v. hi' n tiiore
T.".nn do 1,. n? ;i 07 OK 17 (is ptp no tntisirtlon" tndit rne nn-e
lioooions hs SOi, 8T 8ii, bhpii 1 the list irelniis Llne
"nOOMIfhTlp Ss R8 877t 88 1. Uj. 11. I .oh 1 1 Tl -'"
lonn a Tuhp 5s on or. n Atllanco ln H 111 nrnihpr 25'
2000 1 r til 11 11 M 1 mcr (J is 75 l.rh il li pf
ifimi - 1 1, a. v 6s lnii, imv mii. , iner Mill HU. Utile -cnm 1
Npt
llich In 2 P M b
50 Anaconda 07 7 07
200 U?h a 07 0? 07
5 1-eh Val on 00 no '4
114 Penn lift 44H 4V 44t Vx
II Phlln l.lep 35i, JiVa Jl V
45 P It T t r 20 20 20
V I'll Trait (18 08 08
Ho HeadlnK 87V4 80M, 80H '
25 L fi I 8 08 08
2701 l S !teel !07Vi liioi, KIO'4 t
in iork It pf II II II
ftOMls NM
Iturh 1 n 2 P M t hlf
8lnn Am (7ps A
Flee os 71 71 71 1
looo I. cons
4 'js ni on on on
7nn l,b Bonds
1'2s 18 in is in 18 on
2550 do is- 1180 niro 11RO j- no
1(100 dn 4'4s 17 70 17 70 9 70 20
Inno Phlln Uep
1st 5s 11 15 15
2onn IteidliiR
Bin 4s SIV 84, 8I'
LOCAL SHARE TRADING IS DULL,
LEHIGH NAVIGATION TAKING
LEADERSHIP FOR HOME ISSUE
2Pi 21 1
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111
11
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I I 1 ' .11111 ilh "Il -hri ,i irl I Mill
IC11. L Mi mlililv li Lklinri Mmitt 1. in. tt
mil (liirii.inn ;. 1 ihiMini .1 nr- Inti r Mi r Mar pf
l n I hri fl mil Ni 1 rl m 'h Kilpr li l..
I'n . 111 111 li 1 1 ill 1I1 1 il 1 '.' " r ..''
I iirl smiH, ni ,, s .slulllo ,t intirl'iprr
KniMill IK it shri,..irl ill
Niw llrli iiih mil 51 il liirniliit.li mi
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JTI & 3t3 tb above ?Btatt havlntr lifpn 1 r tnlrl ti,
&Sirr th undersigned alt pprauns IndPbtPil tn th
?i $i jald etate are rpiueateil to miiki niyment
" ana iuosp itavini. cmuns iu nrLscnt in
yjv r same without dela at the oil Ira nf the
i--. ' rorporallon executor -hjj en smut atreet
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sKS- ncl-ov 7 cruvt s
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sp-V,' uxir, i-nu, njcft 1 1 in. ,.11 na'M
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Iul np nrrl i $1 tl i Mill
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HUilil'-t IIS (H(0 I lt . , II ilt -.111117
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f. oxernicltt biniiic ,ni r - ioin
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mil ItkAl rsTVTI Till si I I pi,
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CORPORATION I PIM'l ri l VtcniMs
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Financial Briefs
I I I 11 1 1 s
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( nllon Iitiipr- .mil s, rr.
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bill I'o 1 nin m mil Moot .ft ml
Inh Hililin Knok- N.uinin
11111 111 Umipi Wink Mniiit-Mii nnd
' i. n ni nu inn , Ill 1 Ifitl filli l.lil In ,1, ,1 ,1 . .. , ll...
t,WJ50.000 stock trust tprtiflfitt.s for t, nil, rs 1 M,nrl, 1 - took il.uit 4n ,n ll,Kp,liii I Ilkpii s,nim"ei
f.epmmon stock of the Outr sMtP Uel bushels in tin last tu.nii four bouts and .,111,,., s , rf, rl
",-&rdanann UI'Dsoo common's't'orirTf ,,ul ,ht ,",,nln'1 " (" ""' k -M'" , ' ".! M.i.b. II Ueiif. , Ni,m,
fiff ?.,r , common stork of I in i in lliiitmn Mm .1- an 1 links
: j SUM B S Kresrj-e Ponipani and ?1 15n - "' ' ' , .. , , . 1ml llt.,,iks 1 1 itlili.ii .1 1,111,1,1 in 1,11
fWli000 first preferred $1 92 onn he ond Min opened at 75'.tr, ,s ,,,-t ' ' ,' , I lii MRfin n.ili.i,,'
'sftMVoref erred and 10 607 s-har- of minmtin h V. at the nnd imihIi, and Imr ', ..,'"" """ '"" ""'"
IV .WiP riM.1' nnl,4r.nl..ni.rl.al ........t.., . .., . 1 r. . . ..... .. .,-..
i "re ,2r j . K i. "' J u '' rtl ' "' "" -.i.i.'i ii -,, i it 1 1 ii in r in n Kin- i.piiii tnrt Moorp i s si pi
hBtVproduct8 Corporation . ,nd f,cr s, u,B t i. -i,d ,i s m, , bl u-twrs i.e., in.l IP. .,!!,, i s ss nf
S M - .. .. , TT nrlieoffTi dt.lln.fi to l.u'.r riieu- olt ri tl ,,nS ,
LWrli The New lork Subtreasura lo-t "looo I ie,,rt, liell t0(1 weie nin. ta-nuu c.i- I mu U luedoin bid 1.,,-, ,P1B I J- lh' !'
ff Ivtfto the banks esteida reducint: the I siinitn. ni fnnn ri,niini f.n th. "feinl h i aro ( h m
'fi.ca"l net SO-'n since Friday to $2 527 000 s t'l'"i nu limn Ari,i ntjn i f.n tl t Iron c oil A(
l r vS iveik n esiiniuerl ll 25u niiO bu-lnls ,. ,,,..i, ,
Ro I I Ilh ( n il
I it -vi I sii.t f tr
I ullin in ( o
III Sp, spun;;
li i ( on ( np
3, m ' '' lln2
. i I llT Iniii si. i
lioi il ninth ir r
s os -h ft s I
slnr nr "p ll"f
snnti in Pu the
smiiliprn Hi
stmlpbik. r ( o
linn ( op A ( li in
1 M is ( o
1 obit o Pi win Is
I niiin Pii flc
1 nitiil ( isir
I nltoii ftps Inx
I s( p n
I s I nil fnhnl
I s Huob r
Ml j
11
2S',
52' ,
01' j
lis.
,",1,
S7 , S",
S7', r.7'-
ls7',
OH',
PI',
11 ,
Ml .
Ii i
ptna l,pr-hps
m llnl Mftr
in Mm on I
Mil i Itlnp Pappr
I n ItPdti lion
' in I'lian Phi i r
' in ' ii Pdi pipf
' hart n il Iron
' Iipi l olrt Motois
i riiiip
' uiti-i. pinplanp
' it u pii T ool
l 11 hull SPf
I lot ruin PbonoKratih
I (lb i il IHP
llplidp. Mfc
Int r-I ubn
K ithoilinn Ilronzp pf
I U p Torp Prat
I . liicli ro il s ips
I Inn l.oi o
M ilm Munitions
Martin inis
N i shiphullrllllR
Not tnel Pap Pull,
fill- PlPlatoi
I p, rl ss Mntoi
I o ,1 1 n
Ittddi n 1 1 u. U
St. i ipps Booth
s s Ur-R, u I
st lnilattl lotoi s
si.pI Vlln
stibm it nn
sr lospph 1 pad
Todd shipiitiiMtnc
TilitiKlp I Urn
I lilts il Plolll s)i ii nE
I s stpani-hii
1 nilirl Motois
I nitptl such
"Vol Irl s I lllll
llKhl Mm Im Mr
Ini f in out
si Wll Mill ol
lllmoi
( Hi to
Pi hi ip Plpp
st intl nil of f il i r
si t nl ml of I
st mil nil of i
I id
1 1
1
t k
70
28
71
II
8
101
80
K
1.
81
42
4 5
II
ill
II
80
1"
I
17',
I ,
12
IV,
111
.k
IIU
r
TI
7a 15
80
814
120
sn
15
1
111
1
1
I
85
18
,
111
41
J"s
n
10
711
15
t;
81!
II
IX
15 '4
15
".
M
0'
;i4
15
That Stock Is Lnchangcd on Moderate Sales, Win
United States Steel Common Makes Up Most of
the Market Liberty Bond Irregular
Share trading on thp Phil idolphia Ptnck Ethinse continued nulet
todi's eirl tntiEactioni. with Lehigh Naxipitlnn takins the leid for honl
Issiips In the pud of the first hour and I nited Rtitps Ktpel rommon maW
up nearli the entire tmiket
Pritps were inclined to Inwei leiels ilthouRh this tenrlenra was mo
pronounced in arbitrage Wsup, ipflpctlns; the eiih wpakness nn the b!
........ me LPiucn niitntiot, sucm wpip nt last nicht s rlnslns quofitio
ii-ins., rPinmaiPs rmindelphin Traction nnd I nited (.as Improvement nl
rimo out un.hinced while Phlhdelphl i niecttlc lost n tune dioppli
link to 25",
sippI was as low at inn', nt nr,P timp duiins the foirnnnn after openlr
",,L '"Pr, ir painert 1 patt of thn loss selling it 107', oi i, pol
Melon acstetdai's Ht sale prim Hcidinc dpclined tn 87 Lehmh allea lo
', and Ppnnsalinnli was maikpd in, i. Tb ,. i,in. ,i . .
, , ... ' ' ,m in in tin
ondi whirl, lost a. full point to 17
is LlbPiti Loan bonds wpip Inactive nnd their pnrps wprp hipqular
'! Credit A erdrd tn in IT ar
"-ir, ,Ih l",r'1 I' Austin rhiittnnn of the Mibcnmmittpp mi Capital issue
. .......i-.i.ni-, r crieni Kpsptve nistiict Ins sm,t i lmter to nmnrlil tnstit
iions inn nusiiipss nipn in thp district ci
thp (unspiv itlon of rapltal
io pro-ecittP thf war suirp-sfulh neccssitnles thp use In the fiov erJ
mint nt tnc nations mppu nf riPilit mitpiials labor nnd ti an-portation
Jl f n F" firltntml.int al .. . . . .....
Ins i n of v '5a. York P. i O"- iiih, i,.u,mi nnne nnmitiiiis I np trpmendo
Kilnp Tel pf 50 icsoiiites of our trnintu wo must not lop sitht of the fait thit there is
limit iirvond w tilth vvp nnnnt S" In manv linos of pimlnrtlnn thp creat
Short-Term NotCS Portion -if thp output is nw nee led m.IpIv for war pin pose, nnd in othe
' '" fMrnsion of ficllities will io nttpssm
Hid vMrl Ihe reriuncments ,f tlie n ition must in all cases ho nlarprl hefotn tl
I' I . . . I . . . . i. . . . . . .
it', "-'I'ih 'items oi ino inriivirliial 11 vvp nip to win Hip w it Imnt e the necessil
ts i Ior PI,ll"f- i iisifl i lieck upon fin ttacr panslon or crpdlt in ilnectlons n
isa, tlpulv pssmtlil fin the pnispi utinn of Hie wat or for thn lioalth and nece
nisj -orv comfort of thp people
Willi the lettPt Mi Uhtin Inclosed a pamphlet on thp Curtailment rl
t nneopssarj Lipthts pupucil bv tliL rPtlpi-U Itesetvc Drnnl
mer simps
I11PI sti s of
Prill I it pf
Huff K s pf
iiurr k sin t i
( am lion
i unb stp, I
( it ivvs lt pf f2
f'ataivs 21 pf 54
i on rru I ifi
i.en spli pf 18
III n. li in
, lit I! 1 pf 1"
21 Mln-hlll
12 North Penn i
7n Phil i i o
18 p p. r
6.". Penn 1 r ittli -
Ini. puis Co i.pn 2
127 I n l of N I 10";
I nlnn Cl ll t II
t s step! pf 110
ir I. k Iron 81,
st i oil 7"
M lamp (v. "1
I f. s ,-h 40
inp nttentinn tti thp necpsst f
n us t
m f "tlnii tail
Vm T A I uli i
Hill K "hln
IIhII dhi i
ItethlehPn, stpp
llrook IUp Tr
i AT I'll It ii '
i hi llur Q l
lip & 1 tu I
I rl
n I IPitrlr f
Hup
-.nt 1
rel .1
lull I
lull 1
Peh 1
Inh I
Vldt
luh .
Mi-
Mr
li
1B
..1 I I.en UppItIp II luh
I I is t.t North tin' 5 s, , i
N V f nt s pt
I nn l , I v In i
Pub s.n i N I VI ir
Itrtn A I M ' 4h
sn ith Rail lai ". Vtar
t s Itull.r f fir
I Inh s.i t nrp fl
'i H,
iiS
HP,
If "m
1011 .
til's
II II',
.. t.ini. lnfia..
", .!; .',i.': i Bond Mai hri Sltous linnroioiiwnt
21
I I
r
i
s llll
11 I
II
VVp1 I K Mfs CO I p
IMIIMliN I.HV I RNVII N I -lltlirll
,-t Kepiesent Hives of In il bond houses aie unanimotis m savi that ther
J"' Ins been Impiovpinpnt in ihp mnku with thp L'lieita loin o it of the WT
1J'1" I he oiBani itions of mam leirlinu liousos up iiBaBert on the it t hest i itr
n paicn and havp not had mm li oppoitunitv to to l nut tin miiket but the
ni 1 or sp,
nclo h rpn h !
VrcPtitiitp t, ii '
l an I. il
II, nf Pirls i
lipp f Trnnip
RusiMtn '.oi i
Itu.stan t. ni
f.rv rf suitPf 1
1 Is nf f 11
t In .f I, 11
1 In nf I, II
, "I f ni rltl l Ini ,
Yrn
Vuc
n. t
Vpr
Inn
Up.
M,r
s, I
No,
N il
1 t UP.
2 1 ('-',
- ' i"
11 ' l',
.1 P,
11, is
l'l In
21 '
21' HIP,
IS I'l'i
11 17' ,
I hilieve thPtp I- moip luisine-s to be had if Ihev co aflei it li cot it
i noiicn tiipin is no institutional luivinc wtiith p-tkii of as hanks an
tiust rompinies air conspivtn-; tlien
i-h ipsruiims ih. m nc nd to b
""' funds in thp hinds of individuil investors available fin i iv t nent which ma
.in, bo iPar hpd and which is suflir nnt to m ike appipcinhle I rttei 1 ih m Hip ficman
I, foi bond- Some ludcps of the mitket ipift tin rnnJif im to continue unt
'n'iN, I il"tit Ausust vvhrn business mi fall olf .iriiii In view of inothpi Ltbe.t
.1
! u c lii nt I n h
i-i
2-S.
CTIK MW Olilv STOCKS
181
128
2 7 0
1 10
54 5
27 1
If".
"TOIiv
188
HI
27
'.'l
5511
!78
UP
ii in
in the mattei of pure tlipie his bppn dpr lilcd impinirnipnt Shot t terrl
spruilties havr movrtl up matenillv
iaiipe uoinis m I'mnsvli ini i nid municipils aie ipipiviiic mnio atterJ
Hon in this st itp ind high ri ide n-sups nf all rip-ct lptlon. Inn -Imed to th'
same extent in tin impinvemrnt and nftei the Wai Chest rimpaln is oe
linnd houses will bp Rivins mot e attrntinn to tlirii own la i ine
Some now tlninrtnir is anticipittd hut the cNpcctation of the nithoritie
heie is that it will t,p of modpi atp vnlunip heins conltrllpl bv thp war fimnc
toipnratlon Opinion enenlh inclines to the Idea that Hip lailioads wl
nm tow tniouKh tin Ooveinment lathei than bv issuco of 'eiimti - in tin
opt n ma i k t
Money Marhet to Remain Finn
i
2si,
SI
21'
42',
is ,
1 ij
5 i'
12!
'12
'I'
li',
I i-", 1 !
ST,
i,7'2
2S',
SIP,
ST,
07',
2s.
NT. M
21', 21',
12' ll'j
is', is
lii 15(1
bl'ii 0(1',
21 1
S7
s7'.
s I '
In', 2S',
SP,
2i',
42'i
IS',
lii'.
01
211
.'75
IMII l'l Mil YT Oil stocks
V,
H irtntt fill and ha-
( OCflPII & I fl
I Ik rtasln
I prlrril 'HI
Inttl Pctlol
Houston 111
Mmllt (111
Miiluist lief
Mil Pitrol
Ohio 1 up
Oklllllillll lb f
I nlted Y.-t Oil
I Itlin Oil
122'. 1211', 12.", 's,,ioali
li
!
Ii4
Hlfi't
'-",
Sim lab
l t-k i stand irri
7'.
0",
, 1,
11
01
25,
111
12
7'fc
',
I".
IVi,
li1,
10
7t
1 Ft
H'i
Iolloiilnc aie nuotatlons frn innthe
Neil York slocks and in vi hit b there
ivpip no tran-irtlnns tntlai I Ik pilce
given Is tin list pipvious sap
I di llnm I5i, N in r H 51 22
do prpf IB' N Y f X s I, If,
'-H (in Pill pf if Nmfolk .V Si 21l4
Caroll pf 11" Noif A; .m ine
I" Am l,ppss TSi. N 5 (in X 5 2 1
m It spt pf 5u'4 North iiipi 14
m hot pf IS Noii s.o sn it,
'4 Vlll 51 lit 11 Ohio I UPl Sp 41 '.
I in SniPlt 11 Ohio I i- nt- CS
a-i ' Vm SniPlt nf 811 lliipns II il fl
, Ym T n. Pi 55 Pac Mail 1 A fnm moncv market i. in prnspet t in Hip nPt week due t Hi- liiS
' ,X.",t... r s,i !', ,n. f "," YYithdi 1 vv a 1 of ( ,ov el nmcii t deposits to he.nnde The I edei il Hp cup. fjanl
Yi i oast I. ip." IVoili s I i-i i vpsttitlij witlulrriv f i om Minks in this tlisfiiit Si 11 1 nn tomoiiovv vvil
, .'. , i . . , ", WvL a , .,f i - I wltlnlinw nnotliir $l2lonnno anil on Miv 28 will withliiw $i i 4 i. "i , makl
Y o nl il ' Phlla i o 27 I iiik .1 tnl il of J45 271 115 vv it lull ivin in cir.ll I ll iv
.... t. ... W. .1 ....... ,. .... I
it A. il fl "' i'leiiP-Yi nf If I T1P "llhili nval cluiliilcil Im Miv nu IiiiIp .ii j -i en t nf mposit
Hub Steel n Pltt-AWt pf fi', arisim, fiom tlie tlilul 1 iI.piiv Loin Ys ra-li pavmrnts to thp thn. I Libert
iihn lii '.as i.i, I-" -i ' ii pi '. Hun to ilite dBM Kited $(. M nnn the at tu n of thp li i-iiiv n sliitlnstd
111, I. Ill "Mllir . . .. I'l ..-I M 1 . I
Hums Hios no Itearlg 2d pf IS diaiv upon book ctrdits liulu itcs tins i Io- vvfiikiiij londili n I thp Ti pa3Ury!
lent L inn pi m', pp i . pi 'iin ,,n Mn s ,nt,,, ,n ,iv(, nmtuip in 1 ue nt Tici uiv pitiiliites and
( hi e. Noithii n snagp Yinis Ru , binks ni iv u-e thf-r tpni'li ites in wliolr in in part m i in ling foi Gov
s pief Sin, mxoii Yiotni , irinmrni tleito-lts i illp 1 Pinks in Un, tliMint subsnilnl f, i $310011000 o
I
n
A, i Iiipii pbv ofioo spab Yii I.tnp 8 '
i- &. s 1st pf 47'. "eib 5 L pf 17'4 .this issup i tot il tif i.'. institutions pattn ip itin
do 2d pf 4.i nii-IIoelik 140 BM t .jlcniltl b I nu mlici ed that .1 20 pel i ent in-ta
21
111
n
ii't
un
in. ', UN '4
mi';
SP3 S2'i S2
lb'. 47', 47'
lit
11)7
Ji.
. i.t ...... t . ... ...... , .. . I .i ilnat nnn. hhl lur
5nirt UPBinninu tomorrow morning all nun - V ; ---
Vi itt .niumson the Pittsburgh Stock rAihanee' shipments of when fii Yigiiilina
ft T?Aarill be remoYed , for the iieek ait t stim ttpii it I I fn nut)
'f bushels igainst 5 Is (in i buslipi li-tilu ba-l
L.XIsV The Federal Reserve Bank his re-ijeu 1 hi ulieat nop of India vv h. re conirtn
i iverpooi , oiioii WesPmMd
llirrimnl. Ylav 21-sjnt mtton vi a s Y est nu 1 AM
Til, I milai null pni is iin.hiiigpil on I Y i -on ( o
1P 41
R-WSn, leased for dejlvery to cash subsiribers I n irvesting is nrarlnc
fJV 'f ? 4J UillC ,111, I if .,UU. ,11 ,,! ,,C,V IwlUVriN
.a.SfMLoan 4 51b
w
W'l
.rfj't
ri ',
Imports of Mercliamliee Increase
?t Washington, .Ma 23 The preliml
'. Qi .narv fteureirof the total v.alup of I ni,pi
Bf i.sttea exports and imriorts for April and
Si, tirTfor ten months compare with the figures
I Ior the previous three seais as follows
jcuqu omuiea-
nl u v.ii r,,, iiiirliliing ,,!d
s,l.s up,, 20011 bales ru-
I ' UUS . I till s it, lllflliu; -on
, bales YlilPliim lulllns ivpip birplT
t tilv iniiilv (Idlings Old tonti it ts
i I nr ii s lien Vtmii. m ..i.i.iu.,..
..... ........ i.n t.i.t l.i nlf . I.il . n I . .. . . ......I . .. ........ .. ... "
i.il' un,,,. ..,.- .r. .. in ... ... .... ... inn j. .. nt ki nil iniilflllllg JI 41(1 mid
vrgfititii i .inn .iiip.iuu
( 'lupb tinn
pstimalPtl at 285,500 noii nnres oi in - i
on noo teres moie than tin pievious
r --v
i 'J
"2fe
JIErtClIA.NDISh
1918 11117
4271) 003 1252 935
300,118 -i.-i) )jj
27.5 091
nun
42 IS .30 I Mai
lus aos .July
April
IniportB ,.
Mporta
Sxcesa of ex
, n .ns i , corfa
t. m Ten months
jaraporis , . ati 4o 1172 11113 1 722 8i
! ffiffilSiports . 4 893 878 3 IBS 907 3 39J 09J
, xcesa of ex
- !;-'( lorts . . , 2,331,1911 3 094 901 1071094
fjK, GOLD EXCLUSIVE OP ORE
s Aorll
imports .... 12 T4S
' 5port ' ' 3 ma
?.- iS PO'ta .. .. 814
1 ," .v t xen
The lereipts of vi h, it it iiinne ipolis
and Puluth todai wen 171, i.iis again I
270 tars 1 vear ago it 55 Inntpeg 155
tars compaied with 51' cais at
Chu 1 go three ars against fift-one
cars
Leading futures rangp.l as f.illtius
urn (new dellierij Y
(iptn 1 1 lull t,u 1. HI
132 372
10 9S3
IS KIT
JO 121
11.5U2
5 381
113 152
70 1118
Ten months..
,5 ijjfnports .... 83 900
Y xfEports . . 184 340
j-.ABKccsa of ex
' "Porta ..... 98,018 -Ban 313 '273 933
41!... an.vpn Trvi'l.trsivp, nv nnc
. .......-. .- . . ,. . v,...
nrli
rts ... IB B12
irts ... 12. .'30
ol ex-
Km , ... S 623
1 roontns
Is . . 39,230
ta . . ' 84.-3U
01 ex.
.... 25 O0S
icsa of Imports
833 574
107 039
12 373
4.333
1,977
28,027
03 042
33,013
d 11 s
lOKP
1 in1,
tl 4Ti 1 4uV3 1 27', tl .W, 1 ll'i
,,,
Ylai 7 ill 7114, 75 Tn, 70S
Julv (l!, l7 1 US, l.0'i 1.7
Lsrd
July 2li.il .t7 24 0 24 15 .4 05
ppt .4 97 .4 17 .I'll .Itli 21 II j
Illbs
July 1 711 22 711 22 07 22 07 75
sept 22 20 -1-2 -117 t.t-U .1111
Pork
Hay til S7 41 115
July 42 15 4.15 l.tntlJlll 42 2j
Hid tAsked
Ir
DIVIDENDS DFCLMtHD
EY YORK COFFEE MARKET
York, May 23. A prominent iVall
house vvaa inclined to liquidate
this morning- and the market
3 to o points lower. Early trans-
were conuuea co ine September
The olume of business was
cable from Tlrazil tn the. .,.
e me the Illo spot market tin
ted with feantpB spots and future
piotea iteceipts at tne two ports
40.000 bags, against 13.000 bacs
kr ago.
okb jn uraxti are accumulating at
Miraici aim, wua ine rtexr. naraest
to be much lareen than einprlp.l
ndicatlona do not point to any ad-
in oraxu, more particularly as
ni situation is stiu uncertain.
clearances irom iirain. tne
:. jiave Detn larger than the
ejcpacted.
Today's tm
fipeafas cloaa
in
fi
Federal fausar Ileflnlni; f umnan, rpeulsr
Quarterly of X vr tent on tomnion paa
ble June 17 to stock of retord June 7
Lancaster Mills regular semiannual nf
I- 170 I 3 a share and usual extra of 2 payaltte.
4 b53 June 1 to slock of lerurd 5Ia Ih
YIerEenthaler Linotvpe Company reaular
2 079 . Quarterly of 24 per cent paialle June
20 to stock of record June 5
8 "4(1 Galena blcmal Oil regular quarterly of 13
48 11-1 on ommon and 42 on preferred It, stock
" I nr rNi.rH N,V .,1
American Power and 1 l.ht Company
usual quarterly of 1 per cent on com
mon paiablf June 1 to stock of reLord
May 24
,ew Niquero Bucar Compani reaailar
semiannual of 5' per flit on prefirred
and fommon pa) able June 1 to stork of
record May 22
I National Securltv Company quarterly of
20 CSS
3 per cent pavable July 1 to holders of
retard June, -n
General Electric Companv regular quar
terly of 12 per share and reeular semi
annual slotk dividend of 2 per cent both
payable July 15 to stock of record June 8
New iork Jit llrake Company reeular
quarterly of 3 per cent paable June 20 to
stock of record June 2 '
American Locomotive Company rezular
quarterly nf IU per cent on common pa
able. July 3 to stock of record Juna 14 and
regular quarterly of 1 per cent on pre
ferred paiablo July 22 to stock of record
Julv S
Gull States Eteel Company usual quar
terly of 2t Per cent on common payable
July 1 ta holders of record June 13
llaskel llarker Car Company a dlvl
dend of fl, paiahla Jul 1 to stock of
record June 13
Refined Sugars Unchanged
ew York. May 23 defined sugars
are twetongea at 7.16C The Federal,
arsMr eaoMmea are w ti.
Jr
t
filing 20 IXd lllll tnlllf line It tl .1
goid rntliiiHii I lltl milium 18 Sid'
linli.il Ihiiiltm! In 1'ilhlmrcli Roll.
N.i, York, , Mai 2 t I'll isbui gh Holla
i iiiin.i ition ha- ilnlntil an Inltiil divi
di nil 'f 1 pit i ml nn t lie i oininon stoik
I iv till lull 1 to stoik on ieioid lmp
.n Y hilt no tatiiieiit lias marlt is to
ninth i Hi. tin irl. ntl wi- iiuiut.ili or
Html mini ilh ll t- umlrt Hood tim a
ngulir I pei i cut i.itc in iiutiipih In
st illniPiits of 1 pi mil will be m iln
t. ilni il
Gownwiiisr iio.nds
2s reiristi red it In
s t nun 1 10211
Is r. t-mtfr d 191s
la rotipon 1018
Is calst rn.l 11.5
Is ii nn 11. .
3, resist ered III lit
ts i uupon lllll.
I'.nanM -s regislpn'd lllll
I'aiMiuii .s relstert 1 1'lts
I'anami 1, reRjsti re I lull
I'dnam i it t out nn
Ysk
OS".
llnl
i
1 1 loo
WIS
in-, inn
111",
M
SI
117
07
si
M
I IVnVTOCk QUOTATIONS
MjiOvnland
4i
hi
I'P,
IT
b2
11
4 ,
(il
1 IS 2U
Philadelphia Arrivals
at New Yoik Hotels
I Itakpr i rrfiii
A Hrown Hrlstol
II U I, ii Id t.rin
P hirlniajni tt ind
S ( oft Mo (.rami
i ntltn r in 1
Mm t T VulUr Hnstol
(i (i ( I Itntrman Woodiarrl
It A lO.I dran i
f HrnnT unllnental
H Monnlffc f j rand
Mourtifid Grat Northern
Mm W Moorhead Great Northern
H I T'tilol Grrtnd
P I- IV K llermltafie
I r Phillips Nanrr
I J Prlngle Herald Square
(i A stone ( umberlan(J
G TrlBB N,arre
M WaUh Urlatol
It I) White Ualllrk
II V" Hiker Vaarre
r BerBlndo Grand
J I Ilriillev Wallick
1 r, Hrown Grand
It TUffenharh Orand
H Frederlrkf" I atham
( Hammond Herald Square
A H Hetler Iark Anuf
J f; I ew lit rnntinentat
H M"( urd t ontlnentdl
N Mead (.ran 1
J Uowlan 1 Longacr
Mr J Riwlind I ontrarre
H O mlth l-atham
Welnlers Herald Square
Ntl tut i
HiittP Nt-w ork
I . il cV Jrt ome
('on iiz
' liinmi ConFollrl ittti
"- , I liit N itional
"'s .ol(l(lpl(l Merppr
. .. ((tohineld Cnns
11 Ooklflrlrl I lorenie
Mtojdllold Kewin.
A i f.rtpn Monstoi
()2 . Hreli MlnlnR
I iniii t -.iiitiiti
I Independ, ine If id
I Icromp prde
llm Hiitler
lumho P. tension
Mi Klnlev Ilarragh
I M igma ' opper
Ylotlier Lode
Ylines Co of Ymerici
Nevada Mills
Nevad i YY'onder
NipissnB
Ohio Pppper
I Kaj Hercules
san lov
Stewart
Tonopah Psten-ion
Pnlted Verde
YYest End Con
Y hite Oaks
White Paps
ierlngton
Bethlehem 5s
Cosden Oil fis
I Posden &. Co bs
Pudah 5s
Husslan Govt 5'.s
Uusslan Oovt 6i4s
Southern Ily 5s
hlntiair nil bs
14
',
ia,
u
18
in
U
i'
( oni lab
( on In il il 17'
do pief 71'
i nn-ol has SS i,
Pont Pin 71
lieeit & Co pf 15
Den .n It ( 5
I) & IK! tf 1
I il & Hud llo
l)t Lrll-on 125
Point Ylitns 7 T,
I P.Ip Str Hit 5S'.
Spars Ilbk pr 111.
sintl Yrl7 1714
South U It pf r,2
st mil illll 11,
st 1, ,c. s P 127,
st I. & s P pf 21
St I, A S Y 28
st 1 A S Y pf 2ll4
S Yllll pf 81 I4
Si lilcbakei pf 10
Sup SIppI 4514
?li stl 1 pi 'if.
I
I'h
10
2',
I !,
4
T4
ts
71
K
18
11
47
IM.
5
I
'i
4',
0
5-32
10
8
l'
I's
2!s
I
"4
15
5
14
n
4'
78
111
42
15
18
Ill
Us
8,
4".
II
7-12
iy,
40
88
1
I rip 2d of -l. st P Iilto s 110
P YI e; pf 28 1, I cms I' 1,
Pen Phein 155 Tfs o rtl in.
(., 1 PIru pt IT, fh "I XV -'"
i..s igar ''1 7, lo1' ' ind pf 11
(,e, .Itrs pf sni, Ti 111 YY nis 40U
l 1' 1 th n V 14 Tnln ' v RT w.
i.hcPti (an P 41 s ". "ll,r 'nie inn's
1' I Haitman Pp 85 J-n ted YI s, 43
14 Hiv Plec 101 Pn on n Pa 7111.
llompstaue M .a ' "'Jr' 1 , iip inn,
111 i Vni 18i, InDS. Pn Hi,
Ioiva ( ent 28 1 n far St pf H)2
Ipuel 'lea 381. I'll Prug 1 pf IS'.
Keok el ll it 41- t n Pap Hri 15I4
Kan P So pf B1 1 n Patiflc pf 7m.
Laclede has 80 Pnlted Piult 121 s
1 ee Hubber 17 PSPIP pref 41
Lig nl 51 Toh 107 - S Ind YI pf 17
Llg & M T pf ini I s Unb 1 pf 10
Lorillaid 185 I s Itltv Imp 1514
ilackav ( o 75 IS Itltv Imp
ilanlnt Plev 15 1st pref 50
Mas Pept Sts 5114 I S Sm A I!f 42'.
it iv Pept pf 102'i, I S Sm A. Hf
ilax Motors pitf 4JU
1st prpf 551, I tali Sec (01 13'8
Ylaxvvell Mir 27s I s It 1st of 101
7-12 Max Mtr 2d pf 21 5 iilcan Pttln 7 sj
las aiet rei pi ll'i auasn y
i:
I's
-12
4'a.
41,
4
I
18
8'k
4V4
11
me
roa
chf
bo
55a
en
op
da
ho
Mc
of
ho
be
or
en
ro
it
cu
5X1
br
of
ev
be
hi
ar
el
C
le
G
In
fr
r.
5X
o
it
T.
t
e
e
I
C
R
ailment on the third
Liliptti loin is ilso dm. 011 Miv 28 nnd the Pihiiiuv issue of 1 ri tiflr.atee
mitiuin M iy 2S vveie -old 10 ttiinish banks 1 tupins nf m iking pavment on
thest loan inst illments without disuniting tlu m mni 111 11 kit
Of the J3i,l H,' "no l'linds sulist 1 Ibpd in this distutt 11b 1 1 lber- paid In
full fin J2ii0 ,00 000 ind thp i per rent inst illmcnt vv in pud on $101 463 500
(Jn the sune basis tlie -0 pet (tut lnstallim lit on Hip putiallv paid bondH
would c ill foi Ji2 22"Oi on Maj 2S tmliiiling (.ov pi nnient deposits callertl
and Hip -0 per 1 1 nt liistallnunt on the Liheitv Loan Hietp will be due on
Ylav 2S 1 t11t.1l of $il "li Ihi ag 1111st 5 lilt ll tlieie i onh $n 000 000 of Treas
urv teitilitatei, it is lil,b tint m uiv institutions v ill .iv a part of the
LibPitv Loin instillmPtit bv bonk nPrtit instead of bv a tran fet of funds
which will help lelitve the situation
The pavment!, due in tin. next eight riivs piesage 1 Him monev market,
liovvevei
Government's Local
Marhet Reports
Thn flatly trpnrt 1 sciif onf by the
Ruunu nf Vnthrts 0 the Paired .Slnfe
Depnrtmrnt nf inucul'uri I'hiladrl.
phia hinnth ti ith hrarfqaat ta s at too
25 riMiuince xchannc 2iitUUg
(Y lioletale prices on .a'lgo lotb to
jobbeis
1 ntirs
APPI Is n new olf. rlnss
ITU HI s (..urKltt p r i -hnsket crate
ItPU lllrds 11 ill fl 4 tne.ilis S2 71M.
"
(7
Trade Itrtircentallies
(hliusii. Ylav 21 HOdS -Pstlmatel re
celpls toda, U nnn head left nt.r Ills
head Inmnrrou is null heat Ylarkei slou
and Ih15r lower than nsterda s Hieract
Hulk H7 1iil7 75 Iltht 117 154117 811
mlxptl 117 lllfnlT sn heun 110 4nrff 17 1 11
roush IIH 41141 III 7". 11 rkers 117 0111 17 7 ,
plus 111 Till IT 43 cnol (holte ! 1 7 1 ', fr j iiiholtr eoods IS YYest Tiv ent seventh
17 0" street. I atham
l ATTI ll I. Ml ma ted reieliln todai I. Illauner s Pi Tast Tent sixth street
000 heud lomorroii 50nn head YIrlet I Ilium 1811 II Kamboli marlbou necknee.
8's
78
78
01
18
St)
981
78
Todd Shipbuilding bs 0(1
08
81
81
97
40
41
119
80
09
87
13-32
984
Mich Pent 111 YY'ahash pf B 24L I ilaifloiMis S2 2
Ylln J S I, n 11 War Hit pf 51 . IMNL YI'Pl I s Porln PI u i pr (rate
Ylont Pi (.85, YYells-Pargo 71 1. I -iJt?,,!',,',"!"'l, '-."'",'., '." . ,
Mn K- X T 11 YYVsl up ,,?f ci . STHAYV 111 ItHII s Peril ( 12 fl irnles)
,, ,- c a- f f' . it i ' 5. , 1 aslern bluire Ylarslanl 1-fip.c N,ii
Mo K & T pf 1 YY j-st Pnion 10S, Jprse ItKatM iNPllluiki l.lql rrnlesl
40
42
MONEY-LENDG rates
NhYl YOltK Call monev opened to
da) at 5 hier cent for lending and re
new Ing I
I'II1I-A llln.I'U I Call 6 per cent,
time 6 , 6 per cent Commercial oaner
siii.rman & bon dn mods 5V Sliver- three to four months 5(5 C percent, six
man (olton ana svooten gaoas suks velvets itiuiiina, ., ., smi
ilor & pssex .1 VY heel i , ; i
YI SIP SsM 11 Hht L ll nf "i
Nat Acme 13 While Motor 19 1.
Nat Histt 15 YYllljs-O pf soli
Nat Bis pf lioi, YYooIworth 115
Nat Plk A. St 51 Yor C&il pf B 90 V,
Nat P & S pf llO'.-iY'oith P & M 191,
Nat R It of Worthlngton
.ilex 2d pf fit. P & Ji pf n 68
Vat i: & S pf 91 V .ild 2d pf 29
.Nat i: (S. S pf 99
FOREIGN EXCIIAISGE
Ne ork, Maj 23 The foreign ex.
change market was dull und easier. In bunches
the earlv dealings todav The recessions I ,, 01rr'r lra
extended throughout the list Including culi Ytiirns
12r0 lflc Delauare and Ytarilinl
veri pnnr 4?lSt lull sections!
YYATHtYH-LONs r lorlila 4 0,?ll each
YI t.H API L-,
ASPARAC.l'S Neirhi urcpn pt hum n,
fani v P.rir 1st primes 121.111 t ulls 7T8c
IlKANS Horlda per hushel hamper (11
In P. tl leiks) green $ "in ff 1 .o wax
IKS 2 south Carolina S 3llfj 1 75 Georsla
11 rtl -it
1IEI7 Ts Per bunch North ( arolina and
bnnlh (arolina 1 Hi li Norfolk 0ff7t
CAHUAGE South ( arolina per 11 tie (fn
llo loo His I (1106125 Y Irelnln JIM 123
1 feu SI 40
CAl'I.lH OVYin No rrliHls
I CAIUIOIH Ytlssisslnnl 1325c dozen
te (73 to 100 eais) Hor-
elnrlda ner bush hamper.
iiants, uut sterling was as usual BUS- I fano J2 P2 511 choice 173S1U
tained at the level ruling for so long a hiiil l'l.xir Horlda ner .rate fano
time past 13 50(6(4 rhoite 2 5013 25
wuotatinns were
I,
ReserYe Ranks Discount Rates
stead, llli lower Hpws llll jnifi IT -.11
ows and heifers 1725i314 75 stnekers und
feeders 10 25(iM1 20 rilies 184(14 poor
to medium llo 00WI17,
SHU P Ksllma'ted receipts todai II 000
head tomorrow 8000 head Market steady
at eslerdni s close Native IU 40(314 40
western 1124714 75 leadings lllftll-.tl
Lambs II3 254JU150 western 113 7Y4T
Kansas rlt. Mas 23 CATTLE Re
celnts todai 2X00 head Market steadi
HOGS Receipts toda 3000 head Ylarket
slow and steadi Itanse I16 3('17 20
HHEFP Receipts lodaj 5000 head Mar
ket stead)
South Omaha. May 23 HOG1 Receipts
todai IT 000 head Xtarkel slow 10813c
lntvee llini. 11 A 7XfiT17 lO
CATTLE Receipts todai 4000 head Mar I ""'", Room t01
RC' r."v
SHEEP Receipts today 6300 head Mar.
l(et steady Cars 425
Copper Price May Hold for a Time
Washington, May 23 It was said to
dav that the war Industries board will
recommend that the Il-cent price for
c'janer be continued from, June t, avhen
I'stlFl W- '!,sC.a ti
iinm
Miss l.dker rhtldren and Junlpiu ulnfr
roata and sertie dresten Visa Crlnicfj
Uressps
. Hlrth Companj !1 bplro eeorg
ette d reuses and jersej suits 470 Fourth
aenue Room U0J
s Keuman furniture Albert
Gtmbel Brothers' nroadwa and Thirtv
iicrond street B F Montagu? admes D P
Scott mn a furnish. nff good Miss A Gug
genheim umbrellas
Kl P Smith Manufacturing Company
M Hmtth mohair silks manufacturing
dresses bathing suits Imperial
N Snellenburx A Co Miss C Arnold
children s nnd Infanta Hear dry gdods etc
1211 Broadvw)
Stewart s Miss Morse Jobs silk dresses
IS East Twent sixth street Room 1M4
M Silverman Sons S IJ Koffler sown
And drfs goods 18 tl Twentyeenth
$40,000,000 in Silver Melted
Washington, May 23 Nearly $40,
000,000 In sller dollars, held by the
Treasury, has been turned Into bullion
under the bill recently passed by Con
grepft. Much of the metal Is being ex
ported, both directly and Indirectly to
IwHA, fur- the equaltSAMn of Ortfat BrH
A's. tar4f ftiMfs witt Mr pJsirty.
dav bills 4 71
Paris cables 6 70 cheeks 6 71 t
l.l. ..III.. 1 nRl. .haiilrD fl OS
Olllcial discount rates at the tvvelYei Swiss cables 4 07 checks 4 11
P.dt'a, Reserve bankB were as follows. Guilder cables 48H, checks 48
(The taist column gives tht. rates for Peapinn Mhi.a is io ni,pba on
all perlcds up tp and Including the flf-' Stockholm cables 34?, checks 344,
teen-da maturity, the second for a
neriod of sixteen to ninety da vs. Th
third and fourth columns give the rates
for rediscounts of collateral loans se
cured by GoYernment bonds or notes)
Cpm'l paper Govt paper
Iff to on IS in on
13 dais days 15 days days
Banks
Roston
New York
Philadelphia
'leveland
Richmond
Atlanta
Chicago
St Louis
Minneapolis
Kansas City
Dallas
Ban Francisco
n
4
4"?
4I
4.'!
Phristlanla cables 31s checks 31?
totiennaifti cauies oia cnecKS 3IY4
Ituble notes were quoted sluggish at
14?, 5)114
4', 05 4
4 '4 4
4. 03 4
45, 4
4H 9 6 4
44, 4
4
No Dividend on Baldwin Common
Baldwin Locomothe Work Htrtnf
at their meeting; today, did not declare
any dividend on the common stock The
ruumr wciiiiii.nnuti Qiioenn aisun.
.j) v L.ln KAt.u.i 71 j . T
l.nTTI'CK N'orth Cnrntlna per hnmner
Demand sterling 4 75.T. rahl.. j 7fi (2Va to 3to dozen) iOITIKc Pennsilianfn
sliliSai Mil, nmln f. J 7a i .' ' P barrel (50 tn Oil heads) IIlnf'-.5
, 'ui?1 , .. nomlnallj 4 71 ninety- i jer.ev ner mm (2 dozen heads) $12302
YIUSIinOOYIS Neart per in 12 to 4
lb basket! 254140c
OMO.Nb Texas per hush tratt 5etlnw
No I and N'o 2 (1 oO&l 03 hollers
$ (llftl 10
PEAS, 1 astern bhore Y irln s Ml
hamper (18 to 22 'It pecks) $1 7302 23
California drums 14 500.4 75
PEPPERS Florida per crate fanc
13 75184 23 choice S3 250 1 50
POTATOES Florida per double-head
bhl 140 at pecks) 14 25?4 50 No 2
13 50 sacks marked t50-ibs No 1
13 2583 50 No 2 $2 2,(n'2 5(l hulk Mich
isan and New York United Slates No i
tl an1 40. Pennsylvania well traded
Jl 20t31 35 ,
HA DISH PS Nearhi per bunch IflUjc
RHITHARR Nearbi per bunch 2lS3c
SCALLIONS ;earbj per 100 bumnes
.50 61 in i ,
SPINACH Pennsylvania per bush box
to 8 (it pecks) 20(335c barrel 50
1 New Jersey K -bush bskt 111625c
SYYFET POTATOES Nearby per 5 bush
bskl (8 lo It Qt pecks). II 51KJT1 00 No 2
.50 17 5c
TOMATOES Florida rer Obskt crate,
fano X4(iii'. choice 44 23 very poor
low as tl T3,
AUCTION SALEa TESTERDAT
ORANGES California per box (128 to 150
in box) $4 50(S6 55! (176 to 250 1 In box)
10 1567 55; Florida per box. (126 to 130
in DOX1 ) vnuti illU iiq , I" "v....
, DANK CLEARINGS
Hank clearings today compared with cor
responding dav last two years
1018 1017 1010
Phllada 5T 402 205 Y1 104 SOB 118 300 T2
Iloslon . 41483 000 14 221141 12 088 071
N Y 384 238 872 357 498 020 300 a32 25
-s RAILROAD EARNINGS
INTERNATIONAL GREAT NORTHERN
RA1L5VAY
Tear ended Dec 31 1017 Increase
Total oper revenue .112 588 224 11,821270
Net revenue S018 2SO 057 134
8urplui ..., 3.254.4TI 1,200 000
CENTRAL OP GEORGIA
Tear ended December i
'1I1IVI fllllVI ID'S I (: VllJ 4.w,.
T
ltJS'',lCS
LOLAL AIIMNG STOCKS
IflNOPYll Slot Ins
Hid
Jim Ruilcr 71
V ir Nam ira .1
Ylidii iv (111
Ytizpah 1 tinslon Oil
YI mlun t 11
Northern star 11
Lew up I ul t ni
VV(sl I n I 81
(OI.IU II LP slOl KS
07
Atl tma
Illue Hull
Itnolh
1)1 itnnn.ltleld 11 II
Palsi
Kenan is
nro
San iHinrm Kcnd til
silver I'iik
MISi I I L5NI Ol'
Yrizona PnllPii
Neiada Wonder
fecol a ilinlni.
U2
(il
ill
111
ni
111
ul
in
Ask
78
2
OT
08
13
13
11
ST
08
01
04
02
02
05
02
02
01
20
PS
24
CHICAGO BUTTER AND EGGS
hlcru:o Ylav 21 HI TTER Receipts,
OTil'l tuLs Unihinsed
I Odh Receipts u 4T4 cases Firsts,
3('?rii12c ordinary flrsm 2829
HAR SILVER
Last UUR -
Tnln Y st Ihirs Hlch LffW
London (pece) ls'i 4S', 4h's 41' 42W
N i Ileitis) III't IIIIHi 11 i 'M WtS
Bank, of Fngland statement &
I nn. inn. 5Iav 23 The weekly state.
ment of the Bank of Pngland follovvsj!
Total reserve 20 83C 000 Increase 655,.
000 c'rtulatlon. 50 216 000 incieasej
27 000 bullion 02 on 000 increase
925 000, other securities 79,304 000.
decrease f8 218 000 other deposits 127,V
600 000 decrease 6 220 000 , public de
posits 38 433 000 decrease 3 024,000;!
fjoiemment tecui Itles . 55 580 000, de
crease 1 730 000 The proportion of the!
banks reserve to liabilities is now l&t)t)
pei cent against 17 20 per cent last
vvetk, and compares with a decline from)
20 12 to 19'. ner cent In this week last!
e. i Clearances through the London!
banks for the" week were f2D3,536,00pX
against 392 070 000 last week ,,'J
tlo33 . , Tne apugnntti tcj
t a,FRSltlDl,&i ' p"r ' number ol klfifq ejf-
)k:lsjfNjP iMflWff' V r vis. .Istrt, r,A-tlelSSJi
WAR SINIvS THE "SINKER'y
Clurapo Bakers Renounce Doughnut tit
SaYe Flour and Tat
Chicago, May 23 For patriotic rea
sons the doughnut has been placed riZ
thn discard The South Side. Mnsieel
Bakers' Association, representing S65v
oaKerv owiicm lutra tu uiDtui itius tiuka
manufacture or sale of doughnuts foy5jj
ine I'cituu u, 1,, .ni w, uniii tne auorc.
ace of wheat I? abated.
The dpughnut, was selected ouj (
i,
WmmsEMm,
ht&izm&ssm.-'
HsV ' i ' T.
, in - i-,,.
m &
''$7
W, . fori
$ftri
Ts--
i . . " ' Vfc,-35 .
$$? 'f
'Te- '
J1 t
rxtari&FSZ ' Trw , - , ic