ps
,' .W?JI
.a Korv
6JSs9i
l?d3TJW,y
i-
mmmtmsmw - - swff.r
4 M"Wa li UfWlTl ".. -
WW
,TW r Vaa-' "" .-, 1- ' fl - , - , . . . , fl
' ffVENINft PUBLIC LEDGER-PHILADELPHIA, SATURDAY, JUNE 8, 1918
",,?yf-''w,Xv
B. - - r,r L-l Lil . :
MEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK MARKET QUOTATION
f STEEL INDUSTRIALS AND MOTOR
STOCKS ATTRACT MOST INTEREST
IN NEW YORK MARKET TRADING
'Demand Is Good for These Issues, und Steel Common,
Baldwin, General Motors and Studcbaker Score
Substantial Advances Rails Stronger
Nctv York Stock Sales
High Points in Torny's Financial News
Interest in trading on Acic York Stock Exchange iras confined largely
to steel industrials and motor issues. Demand for these shares was pood
amd they scored substantial advances. Uuslncss was dull on the Curb.
Corn moved up after ivcakness. Cotton trading was small. Dullness pre
vailed in foreign exchange market. Average and actual loans decreased In
the Xcw York bank statement. Avarage reserves decreased and the actual
increased. Demand deposits u-ere larger and time deposits fell off. Hank
clearings throughout' the country this week were above those for corre
sponding period of tasl year. Local reserve bank's weekly state
ment shouted increase in bills bought, liar stiver ivas unchanged in Xcw
York and London.
High
Alll.x-Chal Co. . 3814
do pref .... M
Am Doet Sugar 07
Am Can 4 4T
Am Car & Kdy inM,
Am Int Corp. . S3Tii
Am Cotton Oil 30
Am Ice Sec. . . S3H
Am It & lentil l',i
Uo pref .... isa.
Am Locomotive fl?1)
do pref .... 07
Am Sirleltltiar. liv,
;m sum ion
Am .steel Kily. fl
Am Tel & Tel. filiti
l.ov
3t
K3
0Vi
to
83 Vi
S3 ',4
li
u j
74Vi
130-Ij, 134j
(1(1
Net
close chc.
32 Vi "Ji
n.1
Bnli I
44
10 "Si
337 ,
SfV
I.
Ncvv York. June 7.
Speculative nctlvlty wns confined to a few stocks during the two
hours of trading today, the only Important dealings being In the Hteel In-
dustrlals and tho motor group and In a few specialties. Thrse Rtocks wero
nil In good demand during tho first hour, with United States Steel moving
up 1 point to 98'4, and Baldwin Locomotive making a guln of 2 points to
87T4.
Other steel Industrials generally advanced about 1 point. Increased
Interest was attracted to the motor stocks benuse of tho activity in those
Issues yesterday, which was followed by a more urgent demand this morn
ing, when .General Motors moved up from 1254 to 129.
Virtually all tho borrowed stock of General Motors was called In
yesterday, causing uneasiness nmong tho shorts, und efforts to cover wero
accompanied by accumulation for Inside, Interests. Tho general under-
standing prevailed that announcement will soon be made of the comple
tion of the work for absorption of tho Chevrolet Company.
Studebaker was traded In a larger volume than any other Issue dur
ing tho first hour, advancing Hi to 4GV4, and thete was heavy buying
of Willys-Overland, which moved up to 20'fc.
A few of the railroad stocks wero in good demand, brokers repre
senting banking Interests being persistent buyers of Heading, which rose
?i to 88-.
In the final dealings there was some urgent covering of shorts, caus
ing additional gains to those made in tho first hour, with United States
Steel common and a number of other Issues selling at new high prices
for the day.
The feature of the trading In the bond market was the continued
strength In the Liberty Issues, the 4'is ranging from 8(1.62 to S7.12, and
the second Liberty -Is moving up from 94.80 to 94.85.
Am Wool.
Anaconda
Atchison
Atl U & W
uo nrrf . . .
tlald Loco Co..
Bait & Ohio..
Beth Stl 11
Hkl tt Tran. ..
llutte C d 7. Co
Cal Petrol ....
do nref
Cent Leather .
no pref . . .
Chandler .Mo
Ches & Ohio
-i.l
34
to?
03
Vi
,1ft
MTf.
42"4
0
IB 14
fitVi
nn
104 Vi
BOH
snv.
OHV.
S3
nt
Mli
31
I3V
2!i
07
14
1301,
(10
n i,4
.1.1
S3IV,
H
1
V4
, I
r V
iV
t T
Is
t
BUSINESS MODERATE
ON COTTON EXCHANGE
Market Becomes Firm at Close
on Unfavorable Eastern
Private Crop Accounts
SHARP RALLY IN CORN
AFTER WEAK START
Offerings in Initial Trading
Cease Promptly Good Buy-
ing by Commission Houses
COTTON" HEI.T WKATIIKR CONDITIONS)
New York. June 8. The following tem
peratures were worded In the cotton belt
this morning!
Knoxvllle, 04 1 Oklahoma, BGi Abilene,
Fort Smith. Memphis, Chattanooga. At
lanta and Wl'mlngton. 18i l.lttle Kock nnd
Macon, 70t Hhrereport, Vlckubnnr, Me
ridian, Montgomery nnd HfiYannali, .12i
Thnmnnvllle and Jaekonrllle. 74i New
Orlrano. I'ennacola and Charleston. Id
Nan Antonio. Corpun ChrUti and Tumpa,
TS. and GaWfotnn. HO.
There wa .01 Inch ot precipitation at
rhnttnnnoaai ,03 Inrh nt Chnrleoton and
Fort Smith, and .OK Inch at I'en'acola.
New' York, June 8.
Only a moderate 'amount of business
was transacted In the cotton market
today, but prices made a further gain.
Week-end crop reviews were optimistic,
the plants having progressed favorably
In all sections.
About the only complaint was that
outworms had caused some damage In
southwestern districts. The cloth situa
tion continued firm with mills sold Into
the full months and further large CJov
ornment orders for textiles. Including
underwear and blankets, are expected in
the coming week.
The opening was easy at a decline of
t to 10 points. Liverpool then was a
moderate buyer of July but sold later
positions. There was a small Inquiry
from "room traders and a spot house
while commission thins and uptown In
terests sold the list.
As the end approached, the market
became firm again on unfavorable east
ern private crop accounts, trade, Liver
pool and New Orleans buying. The de
mand went principally to new crop posi
tions. The close was 27 to 3(i above the
' final quotations of yesterday.
The receipts at the ports for the day
' are estimated at 6000 bales, agulnst
6727 bales a week ago, 85B9 hales u
year ago, and 11,063 liuleu two years
ago.
GRAIN IIKI.T WKATIIKR FORECAST
Chlrngo, .June 8. Illinois Purtly
ejoudv tonight anil Hlinilny, probably
thunder Mhouern extreme, northi warmer,
.MIonr) Partly rloinly and polhlr
unnettled tonight and Sunday warmer to
light. Wisconsin I'mettltrd tonight and Sun
day, probably htiouerHi warmer aouili to
nigbtt cooler eunt Sonihiy.
Mlnneanl,; I'mettlcd tonight and Sun
day, probably hnner north and eauti
cooler In north tonight,
Iowa Partly cloudy and ponnlhly un
settled tonight and Sunday, warmer eaot
nnd couth tonight.
. South Dakota Partly cloudy tnnlght
and Sundnyt cooler extreme wet tonight.
Nebraska Fair tonight and Sunday!
wpemer.
Kan:i Partly cloudy tonight and Sun
day, warmer.
Montana nnd Vt'j online Partly rloudy
tonight and Sunda.
Chi (Jt West pr XSti
Chi M & St 1 421
do pref 74H
C ill & Tac pr '4.1 Vi
do 6 pc pf tc MM
do 7pc pf tc 'o
Chile Copper.. 1.114
Chlno Con Cop 3"
Col Kuel& Iron 47 tt
Consol Gas. . . 88
Corn Trod . . . 30 ai
Crucible Steel.. n?H
Cuba Cane Sug a I
Distillers Secur (18
Krle . in
do 1st pref. . 32 ".4
C.aston-Wms .1. :u,i
Gen Motors . . . 120
do pref 82,
Goodrich U 1. . 45
Gt Nor Or subs 32
Gulf Sta Steel. 81
Int Agrlcul ... 17
Ins Copper . .. 48 V.
Int Mer Marine -my,
do pref . ... HIS
Intern'! Papei'. M!i
Int Nickel .... 47'Ji
Kclly-Sprlngfld 47 tt
Kerniecott Cpr. Sl(,
Lack Steel .... 8.',
Lehigh Val ... .10
Lee Itbr & Tire l:
Lorillard V pr.ios
Mex rctrol . . . KSOi
Mlsiml Con Cop 27 tt
Mldvnle Steel . . to
.Mit lin Ar Htp. r.l'i
Nev Con Cop. Itltt
N V Central. . . 7li
N V .V H & II. 4111
i Northern I'ac, . 80
, Ohio Gas .17 Vi
Pitts Coal SO 'A
P.y Steel Spg.. SStt
I Kav Con Cop. JStt
I Heading 88
Hep I & S pr. . 84
, Royal Dutch . . 8tt
Sea A L pr 2i)U
1 Sinclair OIU... SH"fc
South Pacific. . 811
Southern It It. 24 V
Studebaker . . . 4tt
Tenn C & C. . tST,
i Tobacco Prod.. 03
Ifnlon Pacificist
I'n Clg Strs.. 03 Vi
U S Ind Alco..l22'4
V S Hubber. . . 7
'U S Steel.. .. 084
do pref 109U
I Utah Copper.. 70tt
I Va Car Chem 48
tontt 100
03? Hilt,
8R
n4?i.
81
42 tt
0
10tt
01
O.Tlfc
104V4
85 tt
no
23Vi
42
7T
23
S05i
70i,
lfttt
3fl4
40tt
88
30i
01
31
57 tt
10
32
311
123 tt
82
434
32
81
17
48
S 8 Vi
102 tt
3.1 tt
27V,
47tt
31tt
85
.".It
17
103
ta
7Vi
47tt
.-.I
1V4
71
4lVi
80
37 Vi
50
53 Ml
23
87'
83T
80 tt
20
28
83
24
I.V.i
l8Vi
oivi
hot,
03 tt
122
57
o:ii
H
ltt
88Vi S
54 tt tt
81 tt
42 tt tt
II ')4
New York Bond Sales
I0tt
01Vi
00
I04V4
88 tt
50 tt
23 Vi
12
74tt
23tt
50
70
IStt
30tt
47
88
3Bi
02V
31
B8tt
10
32
31
127tt
82
41
32
84
17
48V4
28tt
102 V4
35tt
27
31tt
85
.-,11
17
103
03
tt
40
5 I Vi
ltt
71
41-i
80
37 .i
50 Vi
53 tt
23
88
84
80 V4
20 i
28
83
24Vi
45 tt
18
03
121
03 Vi
122
57
08
100 lOOTi.
70 70V4
18Vi
19'i
tt
-
1
tt
-1
-
- Vi
- Vi
tt
- Vi
3
tt
1V1
tt
' tt
tt
Vi
tt
"
- tt
tt
Vi
i
-t tt
- Vi
4- tt
4 tt
11700 Anglo-Fr 5b.. 92
11000 Am Sin & It 5s 86?4
4 000 Am Tel 5s 90
2000 Atl Char 5s... 03
1000 II d o 4s 76SJ
10000 HUn It T 5s '18 !)
73000 Ilordo 6s 00 tt
1000 C & O cv 4is. "Bti
5000 do conv Bs. . 80 i
2000 Chi dt W 4s.. 59
5000 C I! & Q jt Is. 93,
1000 Chi Itys Bs. ... 81
2000 C M ei St V rd
i5s 67,
7000 Cty of Paris s 80
42000 Kr Itcp BVjS. . 98d
5000 In It T rcf 5s 81 i4
lBOnoin Mer Mar 6s 98lj
3000 K C So 1st 3s 62 's
1000 Luck Stl 5s '33 OS's
7000 I. K deb 4s '31 8.1
3000 L & M T 7s.. 1 12
502000 l.lli llonil 3tt" 00.72
090000 I. Ill llOnil 4if . . 03 .
102000 I. Ill Ut 4. .. 115
047000 l.lli ll. . . , 97,30
100000 Lyons 6s, ... 89ij
167000 Marsls 6s. , . . 891a
5000 XV.NH Ci H (Is 88
5000 N Pac prior 4s S0i
5000 Pa gen ct 4',,s 87 4
2000 Pa 4js 11)21. H8I4
2000 Heading gen 4s 83
1000 St L & S h- In 4S,
2000 St L Swn 5s. 58'i
3000 S Pac cv 4s.. 70 'i
10000 So Hy gen 4s..62?g
6000 I' S Hubber 5s 80V,
I 5000 V S Stl S V 5s 97
1000 r K G U&I 6s 99
7000(1 do BVis 1019 07
1000 do 6'sn n 19 09
25000 do 5i,j,8 1921 9tS
1000 West L'nlon 5s !3tt
Total iinlen, $3,412,000. rnmparetl with
(3, 720.00O je.tenlai tuU eek, $34,II4,(Haii
lant ttrek, K33.150.000.
X. Y. HANK STATEMENT
1.mv Clone
ni4 92
8fi4 86i
90 90
03 93
76 70H
95 Ti 96
90 90'
7B, 76'3
801, SOU
69 59
93 - 93
SI 81
67'- 67 6,
S4S, 86
98 98
811. 81't
981,6 981,
62 2 62 ts
95 'a 95 '
83 83
113 112
9.8 90.08
94.40 04.00
90.40 94.94
00.02 07.80
89 'i 89 4
89 89'j
87 8S
801 8OI4
74 87 ,
98 ' 98 '4
83 83
IBS 48s,
58 'i 58VI
7DU 79U
2t 62ti
80"4 SOU
97 4 97;
99 99 ,
97 97
99 9'J
94 a. 94 ,
93 tt 93
FEW PRICE CHANGES
IN TRADING ON CURB
i
Sales in Philadelphia
m
t
w
Heaviest Dealings Arc in Mo
tor Stocks Houston Oil at
New High Ilccortl
New York, 'June S.
Trading was milet on the llroad Street
Curb and price movements were genqr
nlly narrow. The heavleA dealings
wero In the motor stocks because of the
general understanding that all the out
put of those corpcratlons will be taken
by the Government and. their facilities
will nleo be employed to the fullest ex
tent possible In meeting Government
requirements for war material nnd
equipment generally.
Cheviolet irai Influenced by the con
tinuation of accumulation In connection
with the ahpcrptlon of the company by
General Motor, causing an advance from
126 to 128. Inlted Motors opened at
27W and reacted to 27, with sales of
about 3000 shares.
Houston Oil sold In the early trading
at the new high record of i!9Vi and.
after reacting to 68, rallied to 68 i
Mcrrltt Oil was traded In at 261s to 26r
and Oklahoma sold at 7 to 7li.
War order stocks generally were
quiet. Aetna Explosives being traded In
I at 14.
There were a few sales of wrlglit-
Martln at 10Tt9'!4. Curtlss Airplane
ranged from 35Vi to 36'.
Mining stocks were firm. Ilecla sell
ing at 4i. Mother Lode nt 3':, and
Kay consolidated at 4',iW4"j.
INIIL'STHIAI.S
III-1'
loo Am Cnn. 4 4
do pref . .
45 Lice Sto. 40
Lk Sup C . .
000 Gen Asp 20
500 Leh Nit v. 65
Leh Val. ..
2 Mlnchllt.. 50
InMldvale.. 48i
201 Prim H It 44
3 Pa Salt M 85
100 Phlla Co. 28
OS Phlla Kle 24
200 r II T I c 25
18 "Phlla Tr 68
Ton Pel . . -309
Ton Mln. 2
I'n Trac. . .
57 l G Imp 07
I 11 ( ( N.1 . .
830 C S Steel 08
130 Will over 20
1 W .1 & S 40
tyuntiitlim glsen Is
I
44
40Vi
2(1
03 tt
50 ,
48tt
43tt
83
28
24
23
08
60
44
51
40
15T
20
05tt. Vi
toll ,i ..
Nel
. hire
tt
4
tt
GENERAL ASPHALT COMMON
ADVANCES TO NEW HIGH LEVEL, tf-
IN OUIET LOCAL STOCK MARKE
50
48V,
II
85
28
24
25
08
.1
211
t40
66a.
t!87Vi
97tt 08
19 20
10 40
yeMerdnj's close
I
I'm
Vi
Decrease in Average anil Actual Loatis.
Actual Repervcs Increase
New York. June 8. Tho New Yolk
bank statement this week shows a de
crease In average and actual loans and
decitnso In nveiago and Increase In ac;
tual reserves.
Details follow :
AVKKAOK
Increase
Ixihih I4.5u3.4SD.000 $;o.211.l)00
Net OVmund fl(
posltn (3.7IH.0ll.-,.OII,1 "o.n"(l.fill0
Nel time deposits 1 .-,0. 437.0ml 4.S44.0III)
a.. 1117. (Kin 110.1101)
tl'll.Klill.UO'l 1.307, OOu
1 '.
Vi
1 tt
tt
!- tt
! Circulation
tush In limits . .
Iteere In nnyn-
l.er banks . . . .
Hesero In Hlata
banks and trust
1 companies . ...
I Hescrve In State
. banks ami trust
company .leposl
1 lories
Aggregate reserve
Hesero reiUlre,l.
Surplus . . . . . . .
Decrease.
tt'nlted States
033,1100.
JSptilj Included
.-,10.107.(100 7,033,000
tl.'i.lOS.OOil 1.172.0(10
ltt
- tt
2
-
1
ltt
ltt
v.
48tt tt
20tt
Wlllys-Overl'tf. 20tt
Total wiles. 101.800 ."hares, compared tilth
420.400 shares eterdn i Oils week. 3,239.
400 1 thureHi ht;teek.S.m.400 shares.
INACTIVE NEW YORK STOCKS
Following are quotations for Inactive
I New York stocks anu in vrnicn mere
were no transacnuuB vjuy. a,c chvc
given is the last previous sals:
A.lims 13P, 69 Nut Con & Cn 14'4
.t. in mp v. 11 .-. ,... u- vv
Adv Hum Pf. 3413
Aax Hubber. 50
AlaBka Jun... !?
Mask Gld Mln 2
Am n Pf 9?k
Am c 4.-1' P'-'V.T1
Vet H Jt of
ilex 2d pf.. 6V4
Nat C ei& pf.HOVi
Nat K & 8 Pf 99
N Or T & M. 22
' V Air Hr.125
ii.soo.non
.-.i:,. 1115, (1(1(1
497,. MM. 200
37. 491. MM)
t. 411.1. 0110
ll.MH.oOO
'J.Nln.52H
0,023.520
deposits dedllL-te,!,
. 408.570,110(1.
ATTfAI.
.12011.
l.-.-.LMis.niiii
37.1m.nnn
t(l0.077,OUH
I. 323. H0O
54.0011
1.U07.0UU
510.090.00(1 13,138.1100
,U1,
1.891.000
Loans
Not
Net lime dep
circulation . . .
Cash In traits
Iteserte In mem
ber banlcs
Reserve In Htatn
banks and trust
companies ....
Iteserie in State
banks nnd trust
company 0e
poallorlea . . . .
Afficreunto res. . .
Res. lequlrcd. ..
Surplus
t)tcrenM
tL'nlted States deposits deducted 1272,-
t Specie Included $08,175,000,
V (JUTHIDK DANK STATEMENT
HTATK HANKS
Aetna Lxplo
Am Hrlt Mfg
Ante Marconi
Am Writ Paper
Air deduction
Can Car Co
Can Car & Kdy pief . .
Charcoal Iron
Chevrolet Motors
Cramp
Curtlss Aeroplane . . .
Carwen Tool
Carbon Steel
Kmerson Phono
Federal Dye
Hende Mfg
Lnke Torp Hunt.
Lehigh Coal Sales. . .
Lima Loco
Maxim Munitions . . .
Marlln Arms
N V Shipbuilding. . . .
Nor Amcr Pap Pulp.
Otis Klevator
I'cerless Motor
Poole Hng
Hcdden Truck
Scrlppa Booth
Standard Motors . .
Steel Alloys
Submailnu
St Joseph Lead
Hid
13
4
3tt
07
28
70
8
120
73
40
8
110
Itt
in
Hi
78
44
14
75
40
'! tt
1.1
14
50
Yes clo?e
Ak (sale)
Total sales. 3101 shares, compared with
501 shurrs jotrnlnjl this ttrek. 30,355
hiiroi List week, 30,843 shares.
IIIIMIS Xet
Hlah lw Close (hire,
flooo Am Gan&
Klec Js 80 80 80 I
3300 Kl & Peo
Tr 4s. 72 70 72 I
3000 Lake Sup
Inc. 5s. 33 33 .18
200 Lib llond-i
3'fes r. 08 08 98
330 do 3'-jS. 09.30 90.50 00.50 .20
1230 do 4s... 04.40 04 04 40 .00
200 do 4'4S. 00.00 00,50 00.00 .30
11000 Pa Co con
4 4s '63 88tt 88 88
tt
Total sales, 828,300. compared with 14.
100 jestcrdnyi this week, 8140,730! last
Meek. 8118.800.
Local Bid and Asked
. .l4.4n3.7in.nAii iM.snn.nnn Todcl .snipnuuuiiig.
demand dep.t3.737.ss4. nun 13.2(17. ooci Trlungle Film
i'n Profit snaring.
C S Steamship
United Motors ....
t.'nlted Sugar
World's Film ... .
Wright-Martin Air
Zinc Concent
0.171.000
34ll.442.linn
IIMI..S2.I.7I"
14. 118.21(1
li 118. 000
12.733.0110
1,3119.721)
11.105.280
13
1 I V,
I
10
14 tt
!!
"s
0")
27 li
30
'.i.
10
I
I3tt
0
tt
2tt
73
3.1
SO
Stt
128
an
I0V4
o
113
20
4
83
17
85 '"
:;
2
50
111
70
15
I
12 Vi
t
17
15
08
"s
tt
6
27 tt
33
13tt
34
Amer Mon-s .
I llrlll JO
I llulf I. Huso, t c . . .
do plet
ltaldittn I. mo ....
Ilectrlc 'Storane . .
I General Asphalt . .
i do pref
! Ki stone Tel ....
do tr rtfs
Lake Sup Corp
l.ihlcll Nil!
Lehlch Vol
I.ehlch Val Tr . . .
do pref
l'ennti 11 H
Phlla Kleclrk
l'hlla Co
itii 3 p c pref. .
do il p e pref . .
I' It T tr itfs . . .
tti adluK
Tnnopah Pel
Tonnp.th Jlln . . .
l'nlon Traction
C (i 1
C S Sleel
York Hw y
do pref .
V Cramp it Sons.
Tuda y
11IJ As!;
20 25
114
10 .Ml
8s S8,j
4'5 .Ml
211 21
51 .-..-
S Va
17 50
151 ,,
1ISV4 ''
30 51'i
19
07
43. 44
24. 21',
27". 281,
Yesterday
111,1 Ark
20
ill
IP
HO
111'.
in-j
47
i:,,
3.
59
43i
2d
sim
5(1
VO
50
mv
Ml
13-,
ml
59 'i
III
37
43
24',
12 tt
i'i
Ott
SI'S,
33
25
,ss,
21
2',
3M
niii
o.
7'j
31
81'.
:ii'
m
Lehigh Navigalion Shows Unusual Activity Storafcj
Battery Is Stronger, but Slow Arbitrage &
Sliares Are Generally Neglected
Interest centered largely In transactions In General Asphalt. Lehigh 3N"aV'li
cation nnd Electric Htorace Battery durlnir today's short session on tlitf.VSi
Philadelphia Stock ICxchnnge. There was an optimistic feeling throughout Jtyj
the llnanclul district at tho opening und the market tone was strong, Vlth1,?
arbitrage shares neglected.
The Asphalt common shares took the leadership at the start and qtilcjtljft;
advanced to the new high record price of 20, a gain of over yesterday!
closing quotation, nut tne preferred did not appenr. i.enign r,aviRailontl'uv'0j
showed much niori iirtlvltv thnn i-eenntlv. nnd ripcltnftl nfter lielnir tlnilj'.M'Q
flli.ttt-nd tvlitln Ulnrji ru Iti.lfnri' ,a,i wtiinll lmiutattrtntia ti'na tviorlfA,! fin ij4 h,.lsfl
Philadelphia Klectric calncd u small fraction and I'nlted fins Imnrove-, .'"-'A?
input Rn.icr.il n 1. 'i,ti',ii,.u T'nrlriui'tf'itilf, Willi fitiH Vsl Iaihai. ,.n1 Bh '..raV-
shore were unchanged. Philadelphia Traction developed weakness, selling1 "bnyt
i I'umi tin it UKUi. iiiuiuiri. ivupiLi ji Lilian t,t-i 1 1 111. a vrn i;iu.iru till IV llLtulluJirj ti
mill PiiniicvlV'inf i tt'illfrmil t, li il Tiiunnnli Mtnlni- nncli lnat o lelflA u'f,A:i-$ fl'l
- -j--" -v..w, .. ,vh , ...... . Af-iJ
onenlnir unchnnited. , if H'SH
l'Villnti'lnir (lie hlirlirr trend i if tiKilol lfllie.q nn tli hlir linnrd. Wlllv.vili
Overland sold hero nt 20 up '.4. Steel was unusually quiet, and advanced S$l
more than 1 point, after being lower. ,,
... . . .... . . . . . . x
Liberty Loan uoiuih wore ueuii 111 sparingly anu price cnanges for these si
Issues wero to higher leels. .. jijij
U. S. Requirements Still Congest Traffic ' it'ijcf
Officials of railroads nlicrntlntr eastward from Chlcacrn and Kt. Louis feVfo-ft
nnrt (lint tlin traftln Mltiiuttfin rnntlnlle tn hr 11 rilfllriilt one in lmnHtA nri ''l
- , .,.- - - 1. e .... . !...- ,..-.. . tVf
accuillll UI IIIC C11UI lliuun 1 ciliill Cliiuu r. til ..lilt tri iiuiuu t lllinillca.", WHICH ro" tw,
celves priority, tiius making domestic shipments of most classifications' '!
tlnii- uriidnuu .tiY
"" , ,.11. VinJ
1 no greai ainouni in uuvei iiiiicui, uuhiiicbs ninvii is uauuieu 111 me lerrj- rsjs; ig
torv of these roads Is giving business a fair stimulus. Therefore, little coniratit ?!
plaint is heard from any direction and confidence in tho outlook la lncrealng;'Vjf
Officials' of southern railroads report that ttaflle is about 6 per cent uhe'aiVIri&
of 11 year ago, und that there Is" nu longer a shortage of cars. It was Qnlij
few weeks ago, however, that the gain in shipments was a great deal
larger and cars were unavananie. n
This Indicates that the
reached some time since.
m
2"4 2' 2",
4(1 31 111
117 ill'.' 117
lis', V7 97':
O't 7's !'
32 31 32
711 73 70
Ifltt Ott
MTANHAKII (III. STOCKS
Illinois 167 173
Ohio 322
Prairie Pipe 280
S O Cal 213
Loans. Invest
ments
Hold
Curreney bank
notes
Deposits Federal
Tliserte Hank of
New York
Deposits
Reberto on de-
poll
$1110,205.51111
I5.:i.-0,50ll
23.392.2IMI
35.27ll.3nn
392,127.90(1
lncreaso
J3. 800.100
103,000
9.203.2(10
0.578,(10(1
f'lil'.at'A .limn S
I A sharp rally occurred in the corn , Am -W "c i 1 ';. y tn? & W 20
lnaraei uus morning alter a weaKer""' -"- -r,. xorf & West.loalA
start. The offerings in the Initial trad-' Uo "vtJi. " ' 84 Norfolk & Sc. 21
Ing ceased promptly, and there was good vJJJor Malt nf - X Y, & W. 204
hiit'lni- lit. nnmmhvl,.!, linnunu lr,( ,.f .V. ..J",li i.f 106 NOTtll Allier.. 44
.-. "J .- ,.,..,.. ..u....v. . u i ... ( .lll fllHKll.l",'.;
the selling was due to Improved weather.
July ranged from el. 374 to fl.3614 at
the outset against $1,371, at the end
yesterday, and moved up to SI, 3
tin '""-'- cn
Am M pi """.
Am Sugar . .u''
Am T & Ca.. B
lm ToDaCCO. . I"?
")hio Fuel Sp 4114
llilo tias rets 68
Ontario Sliver lit,
tiwens itoc. . . oa
Pac Mall ... 30
I ,4- 1 . n- ,if new 94
ugust opened unchanged at J1.38 and Am Wool pf. SUtt pp -K 5 "nil
5? ..?',;? ..'"U reCe"UH "erc l A"l -)Ver t. n'f H Pafi Am I'e pf 92tt
i,.,::.:'...z .'.":. .... .... .... ':"'. ", 7. t., . in 'mn. .u ii,,..s
oiiiiniieiiis iiuni .tmeiiiiiia till' uis- , m ' . , f 1." 1 eo 'i & C. 44
appointing, but there Is tin enormous , As D G 1st pi - peorn & i.:H'st 6
.. .. . .... .... I ssn Oil UIT- ., ,. .....
Euri uq in mm counirv anu me nu u- .'. H" ,-i-ie .iimii... i
.-. ... . - , , ,., ,u,,, ,,l.. u
i-lose
25.45
September 24.34
August.
Open lllih Low
October.
December.
January.
July...." .
March.. ,
!3.h.l
IS.l'K
22.73
20.48
23.54
23.HH
22.11.7
25.78
22. Kb
23.9.-.
23.35
'.'O.OIl
211.111
23.34
23:
23.118
22.95
23.73
i'2.U
23.95
23.54
2.1.211
20.115
23.31
n
emi'ius 111 uini tuuiiu) itiiu tiic iiuiu- i , , , 1
ers ure willing to t-ell. vtlan ' I-hic 0J?
Offerings of oats were light and whllo u & O Pf.- i -a
few trades were made at the outset on Bald Loco Pf.-J
a weaker basis In sympathy with the Barrett Co fj
decline In corn, prices Improved quick- do pf ', 'J
ly. Tly undertone later was strong. on th'"teel .' 8'U
scattered buying by commission houses. ' Jn gm, uf'te.infi
June oiiened c higher, at 73'i. and ! nkn It T.... 2
later gained lie July ranged from Bkn Un GaB.lOo
C7uc to 6Uc at the outset, against
67',ic at the end yesterday, and moved
up to 67'ac. August started at 621; i
62 c, compared with 62V.-C and advanc
ed to 62 He. The receipts here today
were loi cars.
The receipts of wheat at Minneapolis
and Duluth today wero 153 cars, against
200 oars last year; at Winnipeg, 179
cars, against u26 cars u year ago; at
Chicago, 2 cars, against IB cars.
u.ui ui' """;
tifMtm snee . . o
Burns Bros.. 1-0
U & S Copper .1 V
Can Pac ....146tt
Cal Pack Co. 4
Cal ti & Klec. J-tt
t-erro de Pas o
Chi S. Alton.. 7
Chi & North !-' ,
Chi & Cit w . .
j -.
rere .iiarq pr 57
1'tiliu to .... 2S
Plerce-Arrow 39
I'lerce-Ar pf. 96
Pitts & West. 32
Pitts & Wt pf. 74
Pr Steel Car. 08 V4
Psd Stl Car pf 93
Pullman P C.lir.
Iteadg 1st pf 35
Iteadg 2u pf 38
Hep I & S pf.100
Hy Stl Spg pf 97
avage Arms 73
'axon Motor.. 1
Seabd Air It. 7?i
Sears-Itoebk 136
-."iirs-Ubk pf.116
Shaft .Ariz .. 16
So Porto It 8.160
tni 140 (inn
rcrcentnge of reserw, 22.3
TltCST COMI'ANIKS
Iinns. invent-
ments 41.037,300,siin 2it,u77.2iHi
tlolil 17.401.1110 l.OliS.'lll)
Curreney hank
notes IS. 103.3IHI
Deposits Federal
Hesrrte Hank of
Now Vork 102.042.lisl
Deposits 1,9114,4(11,0(10
Heeerve on de
posit 207,277.4(10
ivrcentaae or reservo, is s
STATR HANKS AND TIll'ST CO.MI'ANIKS
NOT KKPOItTINU TO CLCAltl.Ml IIOL'SIl
Ii.ins. invest-
I7.il. 050.00(1
13.ii1h.iihi
0. 9(12.100
Inereaee, .2.
329.1100
2.41S.0OO
'311,1(13.20(1
l.atT.tiOll
deerease, ..'.
inents
Uold
Currency bank
notivt
Deposits Federal
Heserve Hank of
New York
Total deposits. . .
Net deposits
Ileserte on de
posit
5.nn,700
103.51)11
SON.!
S O V V
. .530
. .470
327
20.1
21H
336
270
324
inii:i'i;nii:xt on. stocks
13.323.00H
5H.112.S0il
MI.1, 344, Kill
7H7. 041, 700
3IS.100
2:i5,non
Il.ll14.2im
Ii.h71,00
IVrt'enlHBo
Decrease.
132.(199 .2(10 3.447.RHII
f reserte, 20.0. lm rease. .3.
BANK CLEARINGS INCREASE
Husines 9,1 I'er Cent Above Corre
sponding Week La't Year
Total Lank clearings throughout the
country for the week ended today were
JO, 317,278,1198. against $5,773,184,721
the Bame week l.iht year, or a gain nf
Clearings In Philadelphia
Tobacco Co. I'a)s Scrip Dividend ! Con In
, ! Corn Prod pf U Sloss.Sheff . 65
orJc C I Cal M pf. 73H Studebaker pf 90
Cotton Buyers and Sellers
. New York, June 2. July Seller. Wll- New York. June 8 Th New Yi
son anp iiuriL-uiu um, iiuiiuum, iuui- i insion-nuiein, -. i ., j une 8. i ne j. rr,i,.ii,'p stl nt SI" Sup Steel ... 39'
BW-uan, ituouaru ana nountree onercu. u. ueynoiaa Tobacco company lias de- ' ;,i", ( s nf 80'i -Jun Stl 1 m 00
IFk. October Flggett, Mcdte. Schlll and (dared a dividend of 3 per cent on the Viee?e & Co pf 90 -it P Itlco S 110
..i rf-.rr.'.-7-:.-i it : .i" r.. ..".. -..r,.. .... ',." ei "H"ii., .l-"" i? ''i'
l.aMuic in oviiji un juij m aiui-i uw n- i pei it g. W..10- ,a Tex A: Pac ,. 17
-, .'. ...UIM WUI1D Ml, liC Otlf 1VIII
bear Interest of 0 per. cent a year and
will bo redeemed In cath on July I. 1920.
The directors have patsed a resolution
( in o. !. - ;-iiuii ,;!riz ..id
Chi & North !- So Porto It 8.160
Chi & Cit w.. i Southern II pf 62 9.4 per cent.
n is ; nrn i . . a u . ' wa i i: w l.1 I'M' ihahu " i i on m- n rntn ,-,. inia ti usir
C & S 1st Pf. 7Jf St I. & S K pf 29 , last year of 22.5 per cent.
, C V H 2d pf . . J'.s St L4SW.. 28?; Details follow:
Com Tab Kec 27 t L A: S V pf 2.1V4 1 ints pu; re.
Cnnt Can ., (''. Stand Mill... 96 v- Vnri 1" nil iti urn f" t.n .21111 r.sa - T.7
-.. t iti!. ... ... .. n.... -...: : .-...-.-,.--. ---- --,-----.' -.- ---.
1 .111 .ti 1111 :-,! .mi 1 ill... nti. 1 , pa?n nil" 474 iiriv' 41 :i lu 1 -'ill "11
SUyniun
Hubbard and Morrison offered.
December Schlll bid,; Kellar offered.
January Cone and Hubbard bid ;
Jfewman. and Suhlll offered.
March Waters bid; Sellar offered.
17
19U
COTTON STATISTICS
Now York, Juno H. Tho statistical posi
tion of cotton la aa follows:
This week Last week Last eur
T0pnlylb.e. 3.874, 2VJ 3, 973, 890 3,705,451
or wnicn
. nnn.a S.fl,1H
permitting the stockholders to exchange i,:ieo str Bat. 58',ii
iiiw 1,1.1 i, .ii.ii.li iiic-j- icicuru ill intmis
I of a cash dividend on April 1, for two
I year certificates, dated July 1. The ex
change may be made either on July 1
or o)i October !, The usual preferred
stock dividend of l?i per cent wll) be
paid on July 1,
Den & H or. "! rexas p & u
tien & II C, pf S4 rex Co rets..
Del Edison '2?.. Third Ave 20Ti
" - ion rroa pi. v
Trail Wins. . . 4 0ti
K M & prf -' rwm cy H T 42 ;i
len t,hem...B5. I'ltder TyPc'.'.lO? ..
Gen Cigar pf ! Jnlon B & Pa 79,4
IJIIUCI 1 a Jll' , I Ull 71
Chleaffo
I'nila.
Boston
Khtl City
St. Louis.
S Franc' o
I'litson
Ilelroll
li'Wyz'tft
302.474.(132
.'1.11.HS.S,417
2411.075. :i5ti
I42,IIS7.1.'11
121.310.535
hU,02,-,!)5H
01.4.'lll.31l
tlt.llllll.Odll
.111,41(1.004
40.780.927
Barnett Oil & Oas... 'V i
Cosden & Co ATI. "
KM: Basin 6 H',4
Federal Oil ... 2 -V
Inter Petrol 13 13 Vi
Houston Oil 7Vi 0"
Merrltt Oil 27 27, 4
Midwest Ilef 108 110
Met Petrol I I '.4
Ohio Kuel 12 17
Oklahoma Kef 7 7',
Illce Oil j. '.i
Sapulpa Itef si:, 9Vn
Se(Uoyah 'Si "
Sinclair I7V4 18'
United West Oil ... U A
.llIM.Mi STOCKS
Alarka Standard ' .1 10
Atlant'i 0 7
Big I.edge I ', i
Cul & Jerome I i'i 1 'a
Uutte New Y01U .
Con Ariz
Kmma Consolidated..
Klrct National
Ooldfleld Merger . . .
Ooldtield Cona
tioldtield Florence
Ooldfleld Kewanas . .
Oreen Monster
Helena Mining . . . .
Howe Sound
Independence Lead . .
Jerome Verde
Jim Butler
Jumbo Extension . . .
McKlnley Durragh . .
Magna Copper
Mother Lode
Mines Co of America
Nevada Hills
Nevada Wonder
Nlplnltig
Ohio Copper
Bay Hercules
Sap Toy
Stewart
Tonopah Kxtcn ....
L'nlted Verde
West Knd Con... .
White Oaks
White Caps
Yerlngton
PHILADELPHIA INACTIVE STOCKS j 'r
Following are quotations for In
actlte Mocks listed In the Philadelphia
1 Stock Exchange and in which there
1 were no transactions today. The price
I given Is the last previous close:
' A. 'J. War ... 1 ,i Ins Co of N A 26
Alliance Ins. . 19 .eysione iti (a
73 Len vr.i it. . -"
10'A Leh Val Tr pf 26',4
pf. 23 Lit Bros 26 Vi
Little nciiuyi. so
Mlnehlll 50
No I'etma . . 8S
P It T 23 Vj
Penn Tralllc. 2i
Ph Co cum pf 33
Itwys Co Oen 2
C S Steel pf.110
Warwick Iron 8
West Coal . . "6
Mm Cramp. . 2u
York llwy . Vj
York Ity pref 31
OVii!
2"m I
ISVi
flsW.
20Vi
108
I '
7'
8Ti
7
Vi
I'.k
Aluer (1
Amer Mill
Amer Ity
Amer Stores.
Amer Strs pf .
Brill J G
Brill J (7 nf .
Buff & S pf..
Huff & S t c.
( mil Iron
I Cam Steel... 130
j "'ataws 1st pf 62
Cataws 2d pf 54
Con Trac N J 66Vi
lit & B T .. 10
I Ht & 11 T pf. 17
29
92
25
70
48
64
40
GRAIN AND FLOUR
Wlli:.T The market ruled linn. l'ol
lowlnic are Hie iiuotatlons. (nr lots, in
l,.,r, aldlalnv II Invanim.li, dllllilllird In
tpeotlon). standard prices No. 1 .northern
jj.27: No. 1 ham winter. -.-'';"
rum I' !?T, Nn I Vinnl while. J-.-l.
red winter. No. 1. J2.27. No. 2. J2 24; soft.
No I. 12.23. No. 2. 42 22. Minimum ""le"
lied winter No. 3. 42.21. do. No. 4. S2.1S
do No. .-,, J2.1S. do. sample urade. -'
2.13. soft. No. 3. 42.10, do. No. 4 .J.n,
do. No. 3. $2.13: do. sample erade. I2.02O
Special maximum prlcea onlv to be an
Piled when the other qualities In the whea
are hlah enouah to warrant tt . , , .
No. 3 wheats Maximum price eontalnlpf
13.1 per cent moisture to 13.5 per cent mois
ture. 4c under No. 1 or No. 3 red. JJ.-3.
No. 3 soft red, 42.21. Mailmum price con
taining 13.6 tc 14 per cent moisture. Se
under No. 1 or No. 3 red. 12.22: No. 3
oft red. 12.20. .
No. 4 wheats Vaxlum mice Oo urder
No. 1 or No. 4 rad 12.21; No. 4 soft red.
. in,
hlKli UUc of business activity in tho South WiS
ft V
&
PHILADELPHIA MARKETS
I2B.1. No.
''
1
Sueer nolatnea. Jnr.
iier hamper No. 1. S2.50W3-. No. 2.T,
J18 2.
Celery
,1'. Pnrlriu ,.. .,.,.
S15. liaa'lilart. Klorl.lu. rrer linv. tf.iXlH.'i
2.50: do, Cuban, per box. I14i2. Cueuni'
Issscss Plnel.ln us s l...l. -.i it f, . J. u...ib.
Cfiroltna. ntr haHkrt. 11 tfu'j. .i tin Nnr.".
folk, ner lBsket, 3w3.-'5. )i?unK, South
HrgniiH, per nampcr, lOcco'Ii.Tu: , do.i.
OeuruiM, per hamper, .0c it S I ; mi, North)
Carolitm. uer hum per. $1,.UI0'J.23: do. do.ViW&'l
tsiits 4 .nni husiiat wr 11 ar ! rtn uiu nUhi, '-tv
. .'"' 'vi .f y.y . uy, iiitlUII
Hft. aNOI
Corn. Florid
i"T 'i-lti. Imsrit. V2 ,"iiHf:.,.",il.
ioik, nr juu uuncnrs. ii'ftr
par crate. .Il,f:.. ;.'.. reppcri, Florida,
rHic, i u -; uo, uuuan, per vox,
luniHtues, Florida, per crate. 12
'u.ibnitt, iantein Shore, per bbl. crte,,V
l.;uti'.l5: do. Norfolk. Dcr bbl. crat. I1T'
??LM.Tt; do. do. per bbl. SltfU. Ontpns;?
.. iifw, per vrain iNO. x, ucvi
.No, '., ijii$7oc. Watercre. pr
ounchen, tlip'J. Mushroom, per
.UHJ 7."t.
ILVJ '
?as
rii
in
i
i
4Vi
3
:
t'
V4
'!.
3
',4
13
3
14
w
Us
I
)
66 72
0 10
40 13
2K 32
37 30
I '.4 Hi
3 10
1. I'd
'4 TI
a u
Hi 4
10 12
3-32 7-32
1 I'.a
3X 40
1 If".
Hetlileliein 5s .
fotdeii Oil 6s .
Cocden & Co 6s
lm iii .tvij-hJ i Cnitnhv fis
)nil!.-,Ml!nil 33.!ll llusslan COM
pit 5lli.(l7Rlil.l I do U'tiS . .
.11 Till -.'IT l 111 l . .. ' . - ..
I.3.3II.-..7R2-I-44.4
4II.MI2.I IH12.5
311.1105,1173 54 1
311,(110.(1211-1-35.11
BONUS
08',ii
. . . 7
7H
04
37
3
0K'.
70
5SS.
Sinclair Oil Oh
Todd Shipbuilding 6s. 1)6
06 "i
M3
S3
07
30
II
JO
HO
00
American . 2.505, 2SU 2,070.690 2,424,454
n slant
Total 1
June
7.,. 10.070. 708 1U.828.731 12.133.256
RESERVE BANK ASSETS RISE
Gain in Bills Hought and Cold Hold-
ings Shown by Weekly Report
ti The feature of the weekly statement
r'nt ilia lraiterul P.srvA 4lnk In un In
sci "i- !" --.--: .--.--- -.- ----
Si.-nretise or total earnings assets or iu,
b 187,676, which compares with $67,298.-
'.157 on May 31. Tlie increase was
'..t. .. .. RKlnnlnvll), It. ruHtEn,,llnlo l-.,,r,T-l ol
BiKJ-at S49.599.434. as compared wTih J42.-
-S30,7ao on .May n. una in uius ooutrui
-123,113,841. as against S20.96s.46S the
(preceding week.
Bi The. Increase In rediscounts reflects.
rthe firming money situation here due to
the annroachlng payment of Income and
Licxcess profits taxes.
flnlil resent. csterdav was reDorted
4'M $168,595,460, as compared with $154,-
t'K'noalts Increased from SI 1.799,558 on
Muv 31 to S18. 846.264. due to with.
.)drawal ot Government deposits, durine
DIVIDENDS DECLARED
Peltlbone Mulllken Company, rfuular
quarterly of IV per cent on the flrat and
iwcond preferrt!, both payable July to
took of record June 20,
llanull Huirar Company, rttutar nuar
terly of 1 per rent on preferred, payable
July 1 to Block of record June 15,
Celluloid Compuny, usual quarterly of 2
per cent, payable June .0 to holders uf rec
ord June H. '
Chlcaeo. Uurltnglon and Qutncy Railroad
Company. uua quarterly of 'J pr cent,
payable June l!3 to holders of record June IP,
.United Kl-ectrie C.ipany of New Jeraey,
uiual semiannual of J,i per rent, rayjble
July 1 tn holdera of record June -U.
Union Carbide Company, resuUr quar
terly of " j-or cent, payable July 1. UouK
close from June 21 to Jun 30, Inclusive.
Imcersoll Hand Company, regular Ktntl
annual of ft pr cent on the preferred stork,
pavHble July 1 to stock of record June '1ft,
Wheeling Kieel and Jron Company, rec
ular quarterly of 1! ner cent, payabl
July 1. Hooks clear from June 10 to July 1
Inclusive.
HuntlnKdon Development and Uus Com
pany. rexular uuarterlv of 1U on preferred.
i4iHhI( Julv 1 to stockholders uf record
I June IS. . ,, , 4 ,
uanKOldll uni'Oiunnvr reuuiar uarivriv or
d" per vwn on prnrrreu nu i
IftUe wwek.
rT M
on common, both pa.uie JU(y i
of record June in.
per cent
to stock
flan ClffBl . . 1J '
tit Nth pf .89 '4
Gen Wee . . .
tireene-Can f 41 i
Hartman Cp . J?
Hav Kleo ...lQt
L'n Allov Mil. 29
i'n li it Pn... 11
l'n Car Stl pt.103
i'n nruir 1 pf 481,4
Un I'ac Bd.. 15U
Un Pacific pf 70 Vj
Inmeitaue iu i
1111111111. fen . 96Ti un v Jnv .. at;
Int ABBf 56 l'nlted Krult.l24iJ
?2t. r- t'orii 811 I'SCIP pref . 41
0c5t-srfswK
Keolf A D M 'o ,, s . & Rr
upirti (ins., on
t.lir M T Co.167
I.lg & M TpflOHs
Lorillard ,,,.
Louis & asll.ll5
Mnclcav Co. . . 75
ManhRt Kiev. S5
nref 4a
Utah Sc Cor 16
Va Ir C i 0 7!'.i
Vulcan Detln. 7i
Wahash .... Si
Klsv.n i Itles
.'. ituys 44,41)11.017,030 II, 0.13.0.11. 52011.5 I
Other cities
5 dura. 772.014. 267 (123.013, 472 23.3
Total all ritl.s
.". (1ks. 1.1,271. "31. 30(1 44.(158.015.0014-13.2
All cltle.
1 day. II. 016.217. 302 1.11.-1,130.720 0.2
LOCAL MINING STOCKS
TONOl'.UI UTOCKS
1)1.1
Total all rltlss
for w'K. 10,317,278,
(IDS .-,.773,H4.721 0.1
vniiusn .,.. 114 iVlv.. ',.'.
Wabash pr A 4Ui 'day b lis 4.71.
MONEY-LENDING RATES
I'lllI.ADUI.l'IMA fall 6 per cent;
time, 6',aJ6 per cent. Commercial pa
per, three to plx months, 5 6 per cent;
six months, 6 per cent
FOREIGN EXCHANGE
w York. June 8. The forelpn ex
change market .today was virtually at
a standstill, and there were no changes
In rates from Friday's final quotations.
Quotations were i
Demand sterling, 4.75?.. rabies
4.76 5-16, Sixty-day bills 4.73; ninety.
7i7
.Mill Hutlrr . ,
MscXamara
Midway ,
ll.nnVl 1iTv,,iuI,1,,
MnMaim r
North Mar '
rtsscus icuia !5
W.st Und '
OOLDriEI.D HTOCKS
Atlanta )'
lllue lull " .
Ilooth n'
niamontinid n n pj
Ijalsy 1
Kenanas '"j
Qio
Nsnil K .n - 'J '.
Hllr PUk
MISl'ELLANKOL'S
Wabash nr V'.4
. cA.T0ml Ttpseri-A iiiitiiH made a haw
n,lSMSi'l$lllf0m' r-.n.dl.n Northern Reriew. Note.
14 Total reserve held against combined i London. June 8. An issue of 12.000.-
f"inet deposit and Federal reserve note i ooo Canadian Northern Hallway 5 per
ltl.lll..- ....... 1, 0 T ....h ....1 uu ,,nit,.. rail ! . . .. ....I nl.l I., 1 O 1 -J ml . .n . .l ..
liailllliy WHO U?l lll vnil. n vullijmiSM I Cetll UUICB, 'U UU., Ill I ? a 111. II I W 1 111 I II Ri
With 71,9 per cent on May 31, August, have been renewed until 1921
at US',!. me reueweu notes, unuxt
the old notes, will carry u Canadian
aovernment guarantee.
i-i. i. u. i .. n... 1 1:. M....1
ff C.UIIIUIIU9 A junta imss Miimim
r- j. ,Nw ork, June . rne r.amuuas
,.'tnM Onrnrntlnn liuu nassed the (iuar
Ci!trly dividend on the common stick due v
this time. From June 16,
temosr . iit. tncinaive,
t-BW t .the rate or
.U.TK5 UiaV.laai two ,
'.6,olWteiJtati
I nuart,i)rl)17pvr
4TIAi
7J. S. Take) Up Hearing of Dock Labor
Ha.hlntton. June 8. The United
es employment service loaay tpox
' the hlrinar and the dlstrlbuiloiL' of
all dock .labor la New, York, .to , ipted
May Dept Ms 53' WashP&MpfB 67U
May Uept pf.l2i War 11 Hpf.. 63
Jtax Motor... 26 .v.Us.Fargo'. , 714
Max juoiora -west HI pr . bi
1st pref .. 55. West's" pref . 64
MaxMtr 2d pf 21 west Md...,14
Met Pet pf,..J19 Westhse Mfg. 41
Mleh Cent. ..119 IV Md 2d nf. 29
Mln & at L. n 11 , West Union-. iOH
wneei s 4 )'.. J
Wh & L E pf !3
Vhlte Motor. aH
Wlllys-O pf,. 80H
Wilson Co ... 56,
Woolworth ..115
Wor C&M pfB 904
Worth P & M 49 U
Wnrthlnnton
P & M pf. A . 90", i
68U
6?4
9
39
99
33
95
ilont Pr
MoK & T..
Mo K & T pr.
Mo Pac ....
Mo Paeuf. .
Mor & Essex
M Stl Sbm.
Nut Acme ...
Vat RlfcCt . . .
.at Bis pfi.llllU
Extra by Merrinmr Chem(rpl
noslon. .. June 8.s-Th Merrlmac
Chemical Coinpanyjb declared the
regular quarterly d v ded of 81.25 a
share, and an extra dividend of 11.35 on'
the common ntpck. Both are payable
June 29 to stock of record June 15.
American in CinJ CwiwIUei
-.. - ..-. nn,.'V.n T
Paris cables 5.70V. checks 5.7 H.
Lire cables 9.09. checks 9.11.
Swiss cables 3.91. cliecks 3,94.
Uuilder cables 6 Hit checks 50"i.
Pesestas cables 28.60, checks 28.46 ,
Stockholm cables 34.40. checks 34.
Christiana cables 21.80, checks 31.40.
Copenhagen cables 31.40. check 31.
Ruble notes, nominal, at 13.14.
Reterve Rinks' Discount Ratei
Offlelal discount rates at the twelve
Federal Reserve Banks were as follows:
(The first column gives the rates for
all periods up to and Including the, fifteen-day
maturity, the second fur a
period of sixteen to ninety days. The
third and fourth columns give the rates
for rediscounts of collateral loans se
cured by Government bonds or notes.)
L'oin'l pap.r Oovt. par.r
1U to 90 in to 90
13 days Days
4
4
, 4
. 4U
... 4".
...
Ariz fntti-tl .
N.vhiIs Ntitidei
Trcopa JUnltiB
.01
17
i
.21
la
nd H
tn
lOlt
7-33
114
V.06
98 li
37
36
At!
73
IS
13
1(1
1.13
OS
.n:i
,ft.-i
No. 3 wheati Maximum tirlcs' containing
rot over 14.3 psr cent molature po "P'1"
No. 1 or No r, red. 42.21: No. C soft. I2-10.
Maximum price containing not over 14.T
per cent mol.ture. 7c under No. 1. or,"'!
.1 red, I2.2U: No. "S soft red. 12.18. Maxi
mum price containing not over 1.1 per rnl
moisture. 8c under So". 1. or No. 3 rea
12 1(1; No. .1 soft re.l. 12.17. . . ,
, Sample wheats Handled on merits, but
In no ca".e shall price ue hlcher than 4c
under No. 1 of the subo'ass represented.
Smutty whents Valus shkll be determined
I by each .ample basis of the clans and sub-
cln.s
I'OHN llerelpts, 4R.77 bush. Trade vas
slou and lirtres uerp easier Ullotatlonst
Car lots for local trniie No, 2 jrliow, ,l.Ut'l"i"
No. II ellow, SI.Silri..s. 'A A
DATS Iti-celpts. 1.1,313 bush. Trade was
nuiet. dui tne market ruieo arm. ijuota
tlons: No. 2 unite, N21fN2lsc, standard
white, HPttiKSe. No. 3 white, MI'tlS2c:
No. t white, 70 41 MIc.
KLOL'K llecelpts. 2im bhls, and 1.010.
49U lbs. In sacks. The market ruled steady
tinder llfiht offerings nnd a fair, demand.
FollmviiiK are the iiuotatlons: To arrive,
per 1 pit lbs. packed In HS-lb. snrks Winter
wheat. UK) per cent Hour, 410.73W11 Kan
sas wheat, l(li) per cent Hour. Ill11.2ri;
sprlnit wheat, 100 per cent Hour, J1U.C0W
10.7.1.
UVK n.Ol'It Quiet but steady. We
internment activities In bu'liiK Hcol i uuote at Hull n.su per bbl.. In sacks, as
, ocnln the nredomlnatlnc features of I ' nnrtvicinvc
1 lJ I IIVIILJ
Government Local
rt
Market Repotfs
GOVERNMENT BUYING
THE FEATURE OF STEEL
Large Orders of Various Kinds
Distributed During Last
Few Days
New York. June 8.
oi-o ocnln the nredomlnatlnc fea
the trade. Orders of various kinds
. '.iiaii-lhnteil durinir tlie last few
dajs. the principal "contracts being for
022, 110 tons of plates, shapes nnd bars
for the 100,000 railroad cars which were
ordered some few weeks ago.
,, , . Dial thlu Hteel will lie
t - ...niiiiv hei-niise tho orjen- O30U o: do, skinned, loose, 28U (82914 o:
Bessemer, malnl lieLnuse tne open-' d0 ',m,ok,'di jo"i30'4e: other ha
lieartu steel is neeueu iur biiii'iiuiiuiiir,
plants and munition work, und that
hereafter practically all the orders which
can be filled with Bessemer will be tak
en care of In that way, although the
consumers aie continually requesting the
open-hearth.
In some quarters it is learned that
the Government has let It become known
mat tne uuiuoimes , nitineu i hi..... , Thn mkrk,t rule.a eady. t,ut oulet on a
upon the practice Indulged In by some . basis of 7.43c for tine sranulated.
manufacturers In accepting Government i.tinv iiiirimu-TC
orders without having the raw materials 1JA1KI t ltUUUl,13
with which lo nnish them. It is said an . lit TTRll The usual Satunlay quietude
i. i, ...... ,.n..nrril rltirltitr till nasi week pre ailed tn this market and prices showed
Instance occurred miring tne past wee , i,a challllv The nuututlons ranged as
wherein a company requested the au- follows; riulld-packeil rreamery. extra. 44c;
niBn-scoruitr lots, 4.1T4HC: extra nrsts. sac;
Trade was quiet, but values were gen
erally held. The nuotatlous follow: City beef,
in sets, smoked ard alr-drled. 39c: western
best, in sets, imaked. 39c; city be.f,
Vnuckles. and tenders, smoked and air-dried.
40c; wes'orn beef, knuckles and tenders,
smoked. 40o. Heef hams, 145. Pork, fam
ily. JflUWM. llams. . l'. curea, .loose. ;
no.
ms.
smoked, cltv cured, as to brand and aver
age, 2914 SO'ic. do, smoked, western
cund,29'4 031Uc, do, boiled. boneless,43Vtc;
Picnic shoulders, S. P. cured. loose, 2114c;
d smoked. 224 c nellies. In plcklt, accord
ing to average, loose. 32c. nreakfasi bacon,
at to brand and average, city cured. 40e: do.
western cured. 40c. Lard, western, refined
26Vi 27c; do. pura city, kettle rendered.
2014 027c.
REFINED SUGARS
thorltles to aid them in obtaining tlia
to A . .i,.. ...... ...ni.Hi..iD ...i.i.i. trsts. 4iR4c seconos. asiniic; nearny
nlE I on and other raw materials which ! prints, fancy, extra. 4Sc; fancy brands Job
vjere' required, but instead the Govern- bins at 4nSi.Hr; fair to good, 41W40c; gar
ment commandeered the materials which llcfer,V,3iIVh',C- market rul.,1 Hrm. llll de.
CLOSING LIVESTOCK TRICES
Kansas fit. June 8. CATTLE Iteceipts.
.100 head. Strom.-.
IIOfJM llielnts, 1000 head. Mrorg.
SillKKl' Ite4-litl. lllOn.bead. .SuiulnaJ,
Hank,
noston .
New York
Philadelphia
Cleveland .
Illchinond
Atlanta ...
Chicago .
ht. Louis .
.,.
44
4'i
44
tit5
13 days
4
4
4
4
4
4
4
4
4
dass
4U
41?
4
Mere on hand at the plant ror other
' work and Indicated its intention ot do-
Ins the same In future cases.
The scrap ards of the country at
I present are vlrtuall) bare of all mate
I rials. I'sually at tills time, of the year
the yards receive the scrap from all
I over the country und separate It Into the
different classes under which It is resold,
and it lias ttlways been a fact that dur
ing -May and June ull the yards of the
country were tilled with products.
This year, however, as stated here
tofore, the yards have only Insignificant
tonnage on hand, and as a result the
subcommittee is planning to take steps
to scour the. country thoroughly and
locate all Hie scrap at mines, old con
struction work, etc. Dismantled plants
also will be gone after In atl effort to
get the material and forestall as much
as possible the shortage which it is ex
pected will be felt In tin fall and winter
months.
There Is said to be large quantities' of
scrap In some of the southern .States,
and a special effort will M made to get
this material shipped norti , where it can
be assembled at the yards and sepaated
for future use. Just how successful the
plan will be cannot be foretold.
Quite on,it structural steel orders were
closed during the week. The Westing-house-Church-Kerr
Company Inquired
for 5000 tons of steel for the conitruc
tlou of another unit to the plant of the
Westlnghouse Klectric and Manufacturing
Company for making ship propeller ma
chinery In connection with war work.
Other-orders Include small lots from the
ICaalern Malleable Iron Company, the J.1
G White Company and the Vulean Iron
Works at Wllkes-Barre, Pa.
maud absorbing the limited offerings of flns
stock. The iiuotatlons ranged as followa;;
Kree case., nearby flrsts, 111.40 per stand
ard case, current receipts. 110.9.1 per case;
ivesnrn extra firsts, 111.40 per esse: firsts,
llo.ti.l per ease; fancy selected egga were
Jobbing at 4 I TI 4 do per dozen.
CIU'.LSK olil ruled steady but quiet.
New of Hue tiuality was scarce and firm.
The quotations were as follows! New York,
whole-ml Ik choice, old, 2l', 4j-.'k'; specials,
higher New York, whole-nlllk, fair to
good, old, 22tt24c; do. do. choice fresh. 234
tll'lc: do, do. fair. 23c.
POULTRY
LIVE Demand was only moderate, but
values were steadily held. Quotatlona;
Kouls, 321l3c; spring; chickens, not leg
horns, weighing 1 lB2ibs. apiece, n5S 50c; do,
weighing )6 1ls lbs. apiece, aV32c; wblle
Leghorns, according tn size. 4'JKlsc; ataggy
young roosters, 232ilc: old roosters. 226
23c; ducks, l'ekin. 2H30c; do. Indian llun
ner. 2tfgr'27rT; guineas, per pair, ll.3301.43;
pigeons, old. per pair. 40iH5c; do. young
per pair, -icaoe.
PltESSED Tha market ruled Hrm on
choice slot k under scarcity with demand
equal lo the offerings: Quotations rsnaed
aa follows; Kresh killed fowls, in bbls..
fancy, dry-picked, fancy selected. 80Hct
weighing 4 lbs, and over apiece. 36c; smaller,
sixes. 334135c old roosters, dry-plckad.v
27c. Huastlng chickena, western, weighing
V.i lbs. and over apiece. 37&3Sc: weighing.
4 lbs. apiece. 3tlci weighing S'.s Iba. apiece,
35c; weighing 24 3 iba. apiece, 34c. Tur
keis. nearby, dry-picked, best, 33tf34c; fair
to good. 28it30ci do. western. dry-Picked,
best, 3243lc; fair lo good, 2S03UC; do, old
toms, 34c; do. common, 23u'2Sc.- tfprlng
ducka. Long Island, SJUSDr. Squabs, per
doz., white, weighing 11 lo l- ids. per oos..
This i-Mlli report Is sent out ty MtS$
j. iireriu 9 .iariccia oj rie umica biufc
irj)or(ment of Anrlaullure. Fhuad
phia braucA, tcfth headauartert at 3tv
33 Insurance Kxchange Building, vsffl
4 Wllfitouri 1 a nslnau nn In -, Ia4h 475
U .; "" I -.0 Ull 14 fjj43 IWUi ,v2 vffi
lobburH based on sales at the varlouVS
imiruua aepois.; SOT
i a fruits j&fgi
sales, yesterday'
Pile
peek
'a tea
reiiuutd.
w APPLES Per barrel (40 to 43 qr,
Maliie, Baldwins. -".. In., IS.SOlS?,
III.ACKDKUHIKH 'North Carolina,
'lUM.r.'-.i:"'- KMi
i.'a.-xtaloui'BM No arrivals, -;
wiV,1 S"""E.s New Jersey, per pound, geu;;.
1(W12c: per uuart, 12f15c: sweat, ipa'
tii.im.afaA r t .
PEACHES Georgia, per (1-basket eral
various varieties. t2'J.S0: Carman.
Burly Hose. J3M3.73. llushel baskets, vai
uun, .i.tiii ii... I.
PINEAPPLES IJrlo Ttlco. per cr
Phils). I4!'t.1.
IlASPllEItniES New Jersey, per .'prat;
20c. - " x'tt-,.
n i i.rt.i i.ciiiticri ,iff aeraey. per qtu
(32-quart crate), 14 H 20c: poorer. lOSl:
some fancy. "Ka-inn. lnnivlvinl. li
quart. Oandys. 3n(nS.1c. CS
WATEHJIEL0N8 Klorlda. 40cl ea
VEQETABLEH
ASPArtAOUS Nearby eresn. per bu
Colossal. 2.1tfJ3dc: fancy. ia&20c: prl
iiwiuc; cuiis. ma-iic. :;
iicja,& ,oriiiiK. green ana wax. "4i-
rel hamnera. Jswa.BO: North CaroHai
green, best, 326J2.30; roorer. $1.75; w
best. 1.50. -fn.-i
nuDio-.earoy, per ouncn. T7CKf
folk. 'lO.lc, ' f.JvT
CAltUAUE Norfolk and Eastern HUM
vircmia. per crate lull lo luo pounds)., tpi
CAIinOTS Mississippi, per crate (20 to I
upseu ouncnesi, -f.oui),.; nearjyti
bunch. 2 ft .1c. -.,-.
COIIN No tales. '
CUCUJIllBflH nor da. per bushel si
7.1c 11.7.1: South Carolina. aOcBISr,
rulk-. 3.2n. - "
EUOPIJINTS Klorlda. sir crate-, M
(aj.?.t ,:T3
LETTUCE Pennsylvania, per barnatS
to lai neaas;, iocs. .). on; ftpw j.rvenj
x.. lit -I .... I.....! .1 lSu. 11 . ,? J
.1tUSIIHOQ.MS-T-NarbsV pef pouni'MI
t.jmund basket). Bnj71ic. ' -'S
lows. United States, No. 2. ll.Uttt
poorer. 60clll bailers. l)flS5c. "
PEAR New Jersey, S -bushel bggi
jjl.80; poorer, 75c, ?
PEPPERS Florida., per crate. MM
I'D l AturjH I- loriaa, per aouDts-ne
$24(3: aacka 1.10
Nn. !!. I1.BI)(S2:
barrel. No. ,1. (464.30
1.7.1; Pennsylvania, -well craded. 'fU
1,70; poorly graded. It. 2.11. 35. ' .:"
ItAI) HUES Nearby. nr buncn. 14
IlIlUBAnB Nearby, per bunch. 24
SCALLIONS Nearby, per 100 bunc
(31.30. ..V,--
M'lAl.ll -ennsynnia, per .
basket. T.ic; new jersey, per parrel.
1.7.1. .- ' -A-
BIVEET POTATOES -New Jtra
hamper tin to IV qunrler necks), .'
I2..1020.nn. No. 2. Il.2.1l.7ft."?;v
TOMATOES Klorlda. per (1-baaksi 1
fancy, post. eav.s, cnoice, Pvai-t,
poorer, wasty. fancy and choice, 114)
Maaippi s. jancy .t,suKi,o. t
AUCTION SALES YK8TERJM
ORANOES California, per box OS
Vx box). a0.4awT.0u. -.".
cherries California, per box I
net. I2.20tf4.35. '-tVe
77 Alf TinAn iCAVNINAtll
" 'PACIFIC COABTLV'saH
ifia ?w
:?.
rel (40 nuarter necks). I3.7B W4.2B: ,
pounas. .o. 1, x.a
South Carolina, cM
14.50: Milk. MlchlMJt
New York, United States, No. I, 41.1
'hlrbgo. June . HOOS Receipts. 8000
head, Market piostly ,20OS0c lower than
Krldar morning, lleaiy bMthera. l.tdlW
1B.7.1; light butchers lln.SOb Itl.O.li heavy
packing. 4lil.23sTie.30i rough. IIB.SOtTIH,
.elected light. I1i).9.1l7.l0; medium and
light mined, ll.n.ll.73; bulk. l..viO
lfl.0.1: nigs, good to choice. 116.501717 10,
CATTLE Ttec.lpts, 1300 head, Kew on
sale at steadv prices,
KUKRI llecelpts, 3000 head Market
steady to 25c higher than week ago,
, -T :,,, , , ' Refined Sugars Unchanged
MoVr'h'ead0? 'irketTe.SrRc SnTr " I w York. June 8. - Holiday condi-
CATTLE - ReeelS,, Rod i hVlS L vMarkt I tlons pre all in the sugar market today.
trade i Sales offices of several local refiner
SHEEP Receipts. 100 head. Market , are closed, while others are not accepting
steady. I business. Trices remain unchanged ut
7.45c; Cuban raws unchanged at 6.005c,
NEW YORK RUTTER AND ECGS dut" PaU1 ;
7T7..!o no, wigning v to iu lus. per aox.,
iu.23bitl.7-1; do, weighing 8 iba. per doj..
I.ie,3.73; do, weighing 7 lbs, per doz., 140
4.30: do. weighing 00014 iba. per' do..
17 7x '.-,, d.irk. I1U2: small and No. 2.
7Bcl2.
FRESH FRUITS'
R.nUTTER llerelpts.
ket Hrm. Higher scoring,
ran, la'ic; others un
Vw Ynrlf. Juni
IS.flO.1 tiihs. Market
43?4U444C, extra
EGOS Receipts. 27.940 raaea. Market
irregular. Quotatlona unchanged.
BANK CLEARINGS
' Rank clearing, todaw eontsartd with eor-
CHICAGO BUTTER AND EGGS
Chlrato. J une . ' DUTTEIt Receipts.
7373 tubas Market steady.
EOQa Hevtlpt. 13,137 rases. Market
ateady,
PAR SILViIR .
Demand waa only moderate, but values
generally were well- sustained on choice
stock, quotations: ppies. per pdi. Al
bemarle I'lpiWn. 3; llaldwln. Mh-H; pen
Davis. 13.506 0; Willow Twtg. IIC10.50,
Apples, wtsttrn. per box Wlnesap; I2.&0W
4.BU; Newtown Pippin. $204. .Apples, near
by, per S-bush. basket. l.5l)(S2.5(l.
1'eachea. Georgia, per ll-banket carrier. 11.23
K3.75. Lemons. er box. f S r 1 0, Orange.,
l-'lorlda, per box, I4W7.50: do. California,
per box. UOoV (Irapefrull, Klorlda. imr box.
w 4, Pineapples. Porto Itlco. per crate.
S3(R.i. tflaCKDerriea. .orin warouna. per
quart. 0W2OC. Cherries; California J iier
box. I2V13.5U. cantaloupes, cauiarma. par
standard crate, 4444 0.311; da, 04., per Pony
crate (at do. Texaa. per flat crate, t
1.3U. Watermelons, Florida, par 100, tlie)
73; db, do, per carload. $330 3 ifl-
April grots. ....i...
. Net ...-........-
Ten months' gross..
i
14
5,'
V-
Ptrrease. r f'ft
. vtSj
VEGETABLES
PAIiiinaa V l-s4, nitlt! llirl AJlftsVr. k
plica chiitily ot unattracUw tovk.v..
....taslil.. 'uiaiaai I.I fl it rii t -' sUlltai
V4iai,4wWiBr WVtxj, m 4ja m ""
um.fa.x4J tir.g 'rilljilBtLtaakaar .
.w ww ; 7Z, ., wi'
JW '?!
M.l
..te'V
Barnett
riti
nr SCI
-iuh&Lm
- i
ixv
COS
W. IBR4.m - 1
ItiL
v v.llJUt. iWller
EHE3
sertevww?
louina w . aMMffiBHKJVyff'i
ra;1 t,. j . "rtr -s -,
Hlnnespnlls
lll',..-,S
r,jlv.;nr-r
iti.-.
!vi-I"Cr.'u.
'aw.
,
mmm