s n
- JtWV af
v t fi r ,
!? - r - ' l l. '"' JK' i M '
A'
AlKVffiWJfi'S
:..t5
1 A
WT - v.
i. .; ij.
agggP'w
-jvWt ,XC a
EVENING . PUBLIC LBlfcrER PHILAPEL
T"
i,
?rw. ft W"1 ;
OFF. A, U
Lf fJ
4
NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES
yi - 'x
lBtJ3
Ail
K
m.
W
$,
$?
. ft
' t m
r.
j
r
tk-Hr
'
?THE
ovident
iMMl Trust Company
,:W Philadelphia
?v ... . .
rorld events nave
Vo u a h t many
SliNkanges in Income
,n d"- Inheritance
A"!".Ty laws.
3rr
'c&The future may
IT?:Kold in store even
. . . i-.l d A dh J n n 1
lyiffHsmany more iauitn
.v"ltMAfnHAna
-MillUVrtClUllo.
Trust de-
o f these
pK$matters. It has a
jjjknowledge based
qp6n over fifty years'
f-texperience that in-t-idividual
executors
.fefowill find difficult to
ffacquire.
H(rwtB and Chestnut Streets
-fAT
STOCK PRICES ARE NEARLY
ALL OFF IN EARLY TRADING
ON THE NEW YORK EXCHANGE
r-,C?rtn,i
, 5S2. -X liC
Mlpartmont of the
felffijProvident makes a
& knatnoaa
t,(jj'fc'U0,W00
Consolidated
'(coppermines
Speculative Element Uses Agitation Against Profiteering
as Bearish Influence Banking Incrests Are
Out of Market
New Ynrli, July 1.
The amount of commission business on the stock echnnRc this morn
ing was Indicated by tho fact that there were only sK brokers' numbeis
on the annunciator board when the market opened, RlvinK evidence that
tho situation was wholly In the hands of professionals
This speculative element used the press notation about profHeerlnK
ns a basis foi taking an .igRrcssle position on the short side, and soon
after the opening the succeeded In putting United Steel common down 1
point to 10" At that price man short, selling ordeis weie received, and
their execution caused a further decline to 106i, bcfoie the end of the
first hour Other steel Industil.ils moved In the same way, with Ualdwln,
after advancing ., to 93, declining below 9 2
The in ijorlt of other issues moved In the same wav.
.Marine pieferrcd made a gain of 'A to 0i and then diopped to 101,
Mexican Petroleum sold olt l' to 975s, and Utah Copper, after advancing
H to &2, dropped to 81
A few Issues made gains while the Rcnei.il market declined
B 11 T. was, innuenced bv the expectation that the board of esti
mate might net on the Cov eminent suggestion and permit an ndvance
in fares and that stock made a gain of tH to 39
Anaconda was In good demand and there was the best kind of buying
in that stock and Inspiration, which mas probably be a continuation of
market operations having In view l.ugei holdings of Inspiration by the
Anaconda Comji.inv
New York Stock Sales
-,!
New York Bonds
l.nst
close
irw
4i;i
2
w
Vf j
a'
History
Ore Reserves
Earnings
Per share values
Properties
Production
Financial
FREE OFFERS BRING
' FIRMNESS IN CORN
?.
Compared with evncln Conol
Matad, a clour nelnlilior mlll
tr eaparltr Nevacla Conoll
' slated contract and all detailed
Istfarmallnn necearv to enable
jaa to Judge the ninrkct po.lllnn,
la.cantaineu in our i
w ready.
CJlp t( ait
S' -
CTVMmnfvnCi BrTTn-;
-&JMl iU l.UMuKiti.i
Members Con. Stork Ex, of X Y.
SM Widencr Bidf., Philadelphia, fa.
nil. Bell Mai. 4080: Kurr. 4080
' J. 1. Ofllce 30 Ilrolil t.
.t,!- private niitea
ii
I Trading Is Light and Opera
tors Inclined to Be Timid.
Weather Favors New Crop
FIRMER CABLES SEND
COTTON PRICES HIGHER
Spot Houses Are Bidders,
While Selling Comes From
Room Traders
tet nnahfth,
yneniton C UiJ
B'MWT YORK
HEfflKBl't""'
HiWexTn.Do
H -OHMTER
r
mm tt
rm tk
W1BK1 Til
rnist ii i.
,11 KlvKTS
Lake
Buckeye
SILVER
HISTORY
II h,m a medium nf e
Jahance iMonevl. Relation to the
WarM War. rarment of Our Ot er
ica Torres and all other nelllc-
rtatt.
I (To Br China. Indli, Japan, rlr.
ItvTrnt Horlii "npnlj
;n Operatlna Mlne
-.Effect or rittnmn Hill
'r OtK blll.MR ITR OlCE
rattare Hourren of Prodiirtlon .
.belr ToiKlbllltlrii.
lakaTa will be mailed FREE O.N
r ftKQCEST.
' w .
1918
(,RIN llEt.T ETHHt IOIttriT
i i.i..nn t..t. I ltlln,ilfclnlr tnnlcht
, III, OKU, ,,,, ., ........... -
nnri TiteMliiM Miirmrr Tuexl im VVclnr- I
ilin filr. . , ,
Vllsoniiri. hnnw, lonii inil Neliriikn
Tnlr mill niirnirr lunlclit. rue.ili- ana
Nrnlii tnlr (nnUht. rnesil o nnil
nrolihl WeilnedMi niirnirr Tiiecn anil
In Hest lonUhf.
Vllnneon lr tnnldit lind Twll
nartner tonlcht nnil In xoutli Tiiilnv.
nrth mill nutll Dlkoll I llr nnil
nnrnirr tonlaht nnil Tnesdi' . .
omlne and Montnnii 1 llr (onlnlit
nnd Tiled n t winner tonlcht.
Clilrnsn, July I.
Trade In torn was light this morning,
but after showing uneasiness on orfc.1
Ings through cimmllon houses the
marekt became Trmer The weather was
favorable for thi ne crop with fur
ther rains and lower tempentures in
the Southwest Operators were timid
Receipts were 1G1 c-vrs
July rptned at $1 4 8 17 $ 1 47's against
$1 48 at the end Saturdij, and alter
declining to $1 473, rose to $1 4SV
i August started at $150 to 50, the
latter being Saturda s last price and
after receding to $1 193i, moved up to
$150
Shipments from North America for
the "week were 443,000 bushels
The Oklahoma crop report for July G
nlmes fhe condition in the State at SO,
1 against 81 last month and "5 last ear
I Oats v?re easier, but business was
I light There appeared to be an under
ljlng fear that the new campaign
against profiteering would affect grain
I prices The receipts here today were 152
i car' .
July opened at 72 7. ftTc , against
73c at the end Saturday and declined
to 72Hc August opened at fiSSc to
683c compared with 68ijc at the .eloe
Saturday, and sagged to 68'c
Shipments from Norm America iur
the week were 1.7116,000 bushels
The jleld in Oklahoma is placed at
r. fioo 000 bushels, against 34 500,000
'iulils lost ear.
The itccluts of wheat at Minneapolis
,nd Dululh today were 2S7 cars,
against 29G cars last ear, at Chl
MCii onf car, against 26 cars " -
Shlpmen's from North America for
the week were 2,928,000 bushels
COTTON Itl.l.T WKATIIKR CONDITION'S
New nrk, lulv 1 The following tem
rernhireH were rernrded In the tottnn helt
this ninrnlnir:
1 nrt '-niltlt and Nn,livllle 02t Knnwllle,
01: little Itork. MemnhN nnil Clnttn
iioncn. r,0i hllene I1H: Miuntn. 70: Vlnron
Ninil Vloiitcomeo , 7i: hreveiwrt. Mrk
litfrs. .URii.tii Thaninsvllle, snvTnmh.
VVIImlncton und .lurkoontllle 74: snn n
tiinhi. New Orleans nnd Chnrleton, 70
( orpiiH C hrNtl, (tjhestnn nnd Pensnrnll.
80
There was 02 Inch of precipitation at
Mnrrn: .11 Inch at Knnwllle nnd tlnntn:
.18 Inch at MnntsnmerM 2 Inrh nt C Int
tanooira. and .10 Inch nt Charleston.
Advnnce Itumlcy
Advance Ilmv pf
Vlnska CJold JI .
Alaska Juneau
Am Heet Sugar . 08
Am Can 4V
Am Car X. Fdry . 8H
Am International, ,53H
Am Hide ft Lthr . IS'
Am Hide & I, pf , SO t
Am l.lnsecd .... 4P4
Am Locomotive . C8
Am Smelt & Kef. . yJ
Am Sumatra To .142',
Am Stra Ton. pf in)
Am Tel & Tel.... 05i
Am Woolen . . ;,T(
Am Zinc I, . S. .. 'JO i
Am Zinc U K S pf
Anaionda Copper
All HI 11 .tl...
Atl (7ulf . V I
All Oulf & V,' 1 pf
Baldwin Loco .
Baltimore el Ohio
Barrett Co . .
Batopllas Mining
Bethm S Class B
leth S 8 p c pf
Booth Fisheries. .
Hrookljn It T
3rs Tcr & By Sec
Butte Cop S. Zinc.
Butte & Superior. .
Cal Petroleum ...
Canadian Pacific
Cen I.eath Co .
Cerro de Pas Cop
Chesapeake . O
Chi Croat West
Chi (ireat West pf
Chi Mil & St Paul
'-hi I! I & Pacific
Chi It I & P 7 pc pf
Chi RUM pc pf
Chile Copper . .
j Chlno Copper ,
! Columbia C, & j;
Corn Products Ilef
, Crucible Steel . .
1 Cuba Cane Sugar.
I niitlllt-s Seeur..
i:irc Sir IT
Krle .
Hrle 1st pf .
Klk Horn Coal ..
General Motors
General Motors pf
C.oodrich (B F) Co
Ooodrich pf . ..
Tieat .Nor'n ire .
Oreene-Can Cop
Homestake Mining
Inter Agrluiil pf
Imidrntlon Cop
Inter Harv N .1.
Inter Mcr Marine
Inter Mer Ma pf
Inttr Paper . . .
7ntei- Nickel
I Kennecntt Copp"r
Lack Steel
Lehigh Valley . ,
Loose-Wiles Bis ,
Mexican Petrol .
HlKh
10 .
4(,
XI
Hi
(')
45'i
St
63U
17i
SO'f
IH
07
HO
142J,
101
J5(
oS'
20,
oi'i
08! i
I3W
lfl
40
2H
I'i
ow,'
45(
S3tj
Mi
17.
S0f
4IU
bC
7il!f
I421.
101
)5U
mi
M
07? i
IS
10o4 105
M
))
95
w
8.5' i
105)f
3S!f
ll'i
llf
28' i
UTi H7'j 117
2 no
p nt
10
WH
21 1
Vi
m
45'
8
SVt
tf'l
80'i
I1U
07
80
14-Hj
101
05,
mn
'JO'
ol,'
0SJ
105 105
01
5t.
112' i
H
Soli
"2M
30i
ll'i
'6o
01'i
92' 7
l'
24','
,10s i
ll'i
01
:t',
92' i
Vi
S5
21',
.il'f
ll'i
S'( 29
1
34 J i
0'j
7Ji
2J",
U
21',
70
50' i
8
2Ii
12
.'l 1,1
MM
lr.'i
10' j
42H
08'i
32
fiS,
51 i
I5'j
.12
2fi'j
154't
81f
45! a
08
32S
4-",
70
(
'.4'
01',
10'i
39(
41',
00
31
5T,
07' i
50' n
8
24',
ll'i
01',
lb',
39'i
4It
07
31',
59
20',
152'
20',
"15J
81'i Sl'i
98
3J'4-
4.1
it'.
OS
32
4!
117W
70
50',
S
2'i
I.'
2-",
75
04J,
10'n
3Ti
h'i
00
59J,
20",
152JJ
08'i
'flS
.)-"f
1
' HlR1!
2000 Anr-French Bs -H
lOOOAtchsn gen 4s 81
2000 At Co V clt 4b 71
1000 B &. O cv 4H "9 'i
1000 Bth Stl rfd Bs 90
0000 Bk It T Bs '18 96H
5000 Bordeaux Gs . 92 Vi
2000 C & O 4Hs.. 7G
8000 C R O cv Bs 81
11000 C B & Q jt 4874
1000 do gen 4s . 80 Vi
7000 Chi Mil (l St
P gen 4Hs. 80'
1000 CM $ So 4V4s 71
B000 D itf H lnccme 21 V4
1000 do rfd 4s... B9V4
G000 Krle cv 4s S B 49
6000 Frch B-ep BVjS 9SH
11000 H&M In Bs f p 59 Hj
7000 In Met 4'4s... 51
2000 Int It T ref Bs 81',
1000 LV of NY 4'is 74'A
110000 Mb Itond 3',4 OO.fli
108000 do 4 .... 0I.2J
10000 do Ik 4 1)4.20
418000 do 4 Vis . . . 00 40
B000Lons Gs .. .. 01 H
4000 NYC & II Gs. 91
mon NTV C 41s 'G3 100'4
100 do 4SH 'GB . 100 100
1000 NY By adj Bs. 2J'i lift
BOOH Nor Pac 4s. , . 81
200.0 Pacific Tel Bs. 90
1B00O Pal gen it 4'48 87V4
1000 do iVtf 1921. 98V4
4000 do reg 1921.. 97 '4
1000 Pub Srv N J Bs 78
1000 Beading gen 4s 81
B00O StL&SP ajt Gs. G7
2000 do 4s Ser A.. Boy
G000 ,do Bs Ser B. . 7B
2000 South Pac 4s . 72 H
19000 do cvt 4s.... 79
4000 do cvt Bs 01
B000 So Ilws gen Is G2H
6000 do con Bs.... 00",
1000 Third Av ref 4s BB'i
22000 do adj Bs. .. . 37
4000 C S Rubber Bs 79V
1000 Union Pac 4n 81
54000 C KC, US. I Bs 90
25000 do BHs '10 n 99
3000 do 5'4 1921. 94'i
lw !
92
81
71
79.U
90
0G
92',
7G
81
74
SOU
80 H
71
21V4
50 V4
10
98
69
BIT,
81'j,
74 H
00.18
01.20
1)4. id
no..'o
oiu
94
100V4
31
90
8f,si
98V(,
07',
78
8134
G7
B9i
7B
72
78
91
G2'i
90'i
S5V4
30
79 Vi
84
90
99H
94
Philadelphia Stocks
2 r,m
9i
81
71
79 U
90
9G
92H
70
!5'
804
80 Vi
71
'.'1 V4
B9V4
40
93
BO'J
51'i
,,81
74
no.RK
U4.2J
)4.2(1
00.28
01H
94
100'i
100
2'
81
00
80
98
97 Vi
78
83
G7
B9H
7o
72
78
91
62
90'i
BB't
36
70K.
84 "
09
00 U
94
nigh
2J1Gen Asph 20
,10 do prcf 01
10 Key T Co 8
17S1 Lk Sup C 18;
iOi Penn II R 411,
4.1 Phlla Klcc 24
131 Reading . 02 Vi
17Ton Bel. 3
100 U O I . 01V&
1020 U S Steel. I07V4 101
io w cramp 82 it 3
15 do pref. 31 31
ItONDS
IllKh Low
$31.10 Lib Bonds
3ViS . 00.10
21.10 do 4s 04.10
1700 do 4VJH 08 20
11)700 Phlla Klec
1st Bs. 01
I.nw
28
01
8
170i
43V4
21 V4
01V4
3
01V4
00.20
03.00
D3.90
Net
2 P Mchne
28 2V4
01 2"4
8
18
43
81 "
01H 1
3
OlVi
KIITa 2
82 1
31 M
LAKE SUPERIOR IS ONLY HOME
STOCK ATTRACTING ATTENTION
IN TRADING ON LOCAL 'CHANGE
a r"M
00.30
04
00.20
Net
(.hue.
.30
.30
.10
I
INACTIVE NEW YORK STOCKS
Following are quotations for Inactive
New- York stotks and In which there
were no transactions today. The price
given is the last previous sale:
Adams l'xp.. 68 Louis Nash 115'i
aiiib fhimprs ; i .uacK v n . , 'n
PHILADELPHIA INACTIVE STOCKS
Following arc quotations for Inactive
slocks llRted in the Philadelphia Stock
Kxchange nnd In which there were no
trnnsactjons todaj The price given Is
me nun previous close.
A O war. .. 1 V4 Lit Bros ...
Alliance Ins 10U Leh Vnl Tr.
Am Milt ... 11
Am Ilwjs pf 68
Amcr Stores 21
Amer Strs pf 92
Brill J O pf 70
Brill JO. . . 2G
Buff (SIC. Gl
Burf & Stcpf 48
Cam Iron ... 40
Cam Mecl . 1?5
Catws 1st pf. B2
Catvvs 2d pf.. Bt
Llec Storage 82
Con Trac N J GGi$
lit & D T ,10
Ht & B T pf 17
Ins Co of N A 26
Ke Tel pf. . BO
25V4
20
26 V4
48
51 '4
19",
86
2
29H
23
Leh Val Tr Pf
Little Kchujl.
Mlnehlll ....
Nev Cons ..
No Penna . .
Pa Salt M . .
Penn Tralllc.
Phlla Co
Phlla Co nf . .
Phlla Cocmpf 32 4
Phlla Tract.. 68
Rvvs Co Gen 2
l'n Cos N J.. 187
V S Steel pf.110
Ton MIn .... 2
Vnlon Tract 37 '4
W .1 A. S.... 40
York Rwy .. 9fi
Neio York Curb
5T, 54
12r5 I27 127 127 I
2S LN
102',' 102
35' i mi
New ork. Jub 1
Prices were generallj higher on flrmlMidvale Steel .
cables, toverlng of short contracts In , Nat Cond S. Cab'e
advance of the Government report on Nat Lead
the condition of the crop, an estimate
of the aireage to be issued tomorrow','
and Saturdaj s high temperatures In
Teas
Liverpool bought Julv and sold Octo
ber Spot houses were bidders while
the selling came from room traders
Temperatures were a little lower todaj
In the southwest where It was clear. The
details of the Journal of Commerce re
port, giving a long weather forecast for
the week indicate J lower temperatures
At the end of the first ten minutes the
market eased off 1 to 7 points under
Saturday night
Trading later was quiet, with fluctua
tions homewhat Irregulai It looked as
though part of the cotton that had been
liquidated during the morning was ab
sorbed hyhuvlng of new ciop deliveries j Shattuck-Arlzona
uirinuieci in iruie imertsts .Sinclair Oil Itef .
The selling during the first part of the' Southern Pacific .
session came lnrgelv from Wall strret . touthern Rwy . .
sources At one time Julv and October Southern Rwy pf.
were relatively weak selling 13. to 38 U,tand Milling . .
points net lower, while nunc distant de-' studebiker Co.
liveries showicl loscu of 1J to 23 points xenn Cop & Chem
ronowing me punrcauun or inc lore- Texas Co
21
31
81
59) ,
20
19
52',
18'i
0
19',
Nevada Con Cop
N Y Air Brake.. l'J
N Y Dock 21 .
N Y X 11 & II 3S
Northern Pacific . 87
Ohio Cities Gas . 37
Pennsylvania RR 1.1
Pete Maiquette... 15
Philadelphia Co.. 29
Pitts & West Va. 36
Pitts & W Va pf 797
Plerce-Arrow 39h
Pitts Coal 53
Pressed Steel Car. 07
Pullman Co . . . ,
Ray Consol Cop.
Ry Steel Spring
Reading
Repub lr & Steel
Financial Briefs
Tobacco Products. 07
Union Pacific . 122
United Cigar Strs 102
J S Cast I V & P.. 15
U S Inc) Alcohol... 124
U S P.ubber 58
U S Smelt Rill. 45
4S .WIdener Bldir.. Phila, Pa.
M" Walnut 6386 Race 5196
I .KCBmier, l'n.. mi: tmzer niui.
Ll' -j III1.
Bell, rhone 2213
Barnett Oil&Gas
a
rii,'
OT.T
QCOTB
K6
"3&
ymir.
i,J-W1 -V !.
,w.JCrton R. Alexander
InMMu Slock Exchange Bld.
-e
fUEOAl ADVEnTISHMKNTS
KfiTATK OF nKNJVMIN HtlNK.
"liN l'wRhON, drrrui.eQ l,tten
kmniary on me aooe -Biato navins
1 trtnuo to ine unaersiamea. an perions
to tn9 sain eitate are renu-tfd tu
uyment, and those having clatmi to
inn lamfl wunnui nfm)', in
BRT PHILADKI.rHIA. TITLE AND
f4 TRLIST CUM'AM And
JlWLSOV PEARSON Executori.
, vor wm ai ana juancaner ave.
I
r2E
F Hi
': TtaVr ji
f WTg,2&
y
JBTATE VJ.' CIIAItI.LL-5 II. IHN
1KM. deceaed Letter! ot admlnli.
:. . s. on ine auove eaiaio navinK
nttd to the undersigned all p-rsoni
tto the said estate are reauested to
yment. and those hvlnx rtalrca tu
same, wnnoui neiay 10
r PHILADELPHIA TITLE AND
?jj , livui guau'Ac,
til W. Car 40th st and Lancaster ave.
S&e AUOUSTUS I WOOD. President.
The Bank of Kng'and the joint stock
banks and the Stock Exchange remained
closed today
The total authorized capitalization of
.oil companies chattered In Juhe with
capital of $100 000 or moie each, and
covering all States of the Union are ap
proximately $55,000,000. covering ac
companies These figures compare with
$60 000.000 and liu companies n ....j
and $60,000,000 for ninetj companies for
April.
Subscriptions b New York State
banks and their cu,Bl?ni?ni01.(.,,hn-V"'r
Liberty Loars totaled $1 707.661.Oi3, or
over one-sixth subscribed for by the
entire country
The New York Subtreasury gained
$2"0,000 from the banks on Saturday,
reducing the cash net loss since Frlda)
to $286,000
The railroad administration today
ordered express companies in .puuing
li.to effect the 10 per cert increase In
xpress rates to disregard fractions of
half cent or less Fractlo is more than
half cent are to be treated as one cent
In fixing rates These rates apply to all
i..eii nf frelcht except that carried
under 'commodity" classification on
which the fractions are retained
cast for the vveitcrn belt Indicating gen-
1 rails fair conditions In Tua, the tone
became flrmir and u-reiings decreased
resulting In rallies of 7 or S points
Tle board of managers of the Cotton
l'xehange have diawn up a new schedule
of commission rates which will be sub
mitted for approval by the members of
tho exchange at a meeting scheduled for
Julj 14 Under these changes the re
cent flat charges will be replaced by
rates per 10U bales bought and sold.
v nen me price 01 c-ouun rises auue -uc 1 yestern Pacific
tenth to one-twentieth pf 1 per cent,
will be In force
Saturday's 11 30 1 30
close Open am Urn p m
Julj -'; in 21 1" .'7 115 J7 fcj
October -'", J 1 -'1 JI Jt llll J4 llll Jt !I7
December J4 71 J4 78 Jl "ill J4 nil J4 47
Januarj J4 cH .4 73 J4 4U J4 '1 J4 3b
March Jl 75 J4 7J .
112'.
94
f.7
02
91
10.
.Ii
81.
21
b2','
K,G
4t
11
153,
28
m
20
09
52
18
00
10
125
.18
87
.17
41
15
' 30" '
78
39
52
Gb
01
57'
92
90)5
28 2S
1(11 102
35 35
28 28
.13 33
' 20 ' 2flJi
08 98
51 52
1H 18
00 00
10' 19'
125 125
38
87
3715
43
15
35
78
39
52
00
on,
57
91
89
38
87
37
43
15
30','
78
30
52
C6.
' 94'
57'
02
90
Allls Chlm nr
Ajax Ruh .. R2
Am Ag Chem 01
Am Ag C pr 01 V6
Am B Sug pr 83
Am Bank Not 3o
Til, V" ,.f 1 R1
V"' .. nsTi Mer Ct pr
Amur en. i', '" ' i-,., r,rtr,i
a. c- x F tiMOO Miami Corp
Amer Coal . M
Am Cot Oil.. 41 T
Am Hpress.. 00
Am Ice Sec. 32
Am 1 Sec pr.. 51
Am l.lned pf 80
Am I.oco pref D8
Am Malt ''
Amc Malt pr 45
Am Shpbld Co 30
Am Smelt pr.lOB
Am Snuff ... 97
Am Stl Fdy. 67
Am Sugar... 11 2.
Am Sug pr... 110
Am Aom . ";
AT T pf new 05
Am Tel & C . 50
Am Wool pr 03
Am V Pa pr 23
Asso P Gds. 12
bi Oil .... 58
Atchison .
Atchison pr
,tl c utne
Mark Co nf. 71aA
Man Shirt 65
Manhat Kle 95 v
Man n Sp Co 48
May Dept St 51
Mav Hept St. 32
May I) s Pi '1
Ml
281,
Mont Power . Jt
Mor & lsex 3 9
M ft St Ij new 11
M SPS.SSM 80
M K - T .))
Mo KITPI
Mo Pac . ; "'a
Mo Tac pf ,
Nat Achip J!!
Nat Bis Pf. .10'
Vat B fcuII Jj'A
NatdClkiSt 50
NatHnamel. BJJ.
n-b r.n ti i" x.'r
IMUST1UAI-S
m itici
Aetna Kxploslvesr. . . 184
Am Brit Mfg 8
Am Marconi . . 3
Am Wilting Pa pet 2
Air Reduction OS
Canadian Car Co.... 2
Can Car & Fdy pref. . 70
Charcoal Iron 7
Chevrolet Motors 13
Cramp 80
Curtls Aeroplane ... 38
Carwen Tool 7
Carbon Steel 128
I'qierson Phonograph. 1
Hendee Mfg 18
Lake Torpedo 4Vi
I., high Coal Sides IB
t.lmo I.ocomo 78
Vaxim Munitions ....
Marlln Arms .... 78
N Y Shipbuilding ... 38
N A Paper Pulp 2
Otis Hlevator .
Peerless Motor .
Poole Hng
Scrlpps-Booth .
standard Motors
Steel Alloys
hunmarine
iay4
3&
Yes clne
Ak (rp)
13
(1
2
81
.10
80
1311
8
31)
8V4
132
That Leader Sells Off After Opening Unchanged.
Other Issues Are Neglected Tonopah
Belmont Earnings Drop
:
Lake Superior Corporation continued to make- up nearly nil the trading
In home shares on the Philadelphia Stock Exchange early today, but. in line
with the trend of Steel on tho local board and the general trend In the New
York market. It was lower after opening unchanged. More than 1600 shares
Shanged hands before the end of the first hour, and just after 11 o'clock the
price dropped ns low nt 17i, against a close on Saturday of 18.
Steel qornmon was dealt In moderately, and lost W points, while Read
ing declined more than 1 point nnd Pennsylvania advanced U.
Outside of Superior home shares were neglected, business being confined
to n few "Issues. Keystone Telephone nnd Tonopah-TJelmont came out un
changed, Philadelphia Electric was marked up U and William Ciamp yielded
M.
The combined statement of tho Tonopah Belmont Development nnd Bel
mont Mining Company or the three months ended May 31, came our today
ntnd showed a decrease for receipts and net earnings ns compared" with the
preceding three months nnd the corresponding period of last jcar.
Receipts for the last quarter were $474,226, against $512,893 the three
months preceding, nnd $C01,G16 Inst ear, and not earnings were $182,639,
ngnlnst $201,481 for the quarter ended February 28, and $238,634 the corre
sponding quarter of 1917.
Liberty Loan bonds were not nctlvo In the local tiadlng before midday,
but the second 4s showed nn Inclination to a lower level.
Total earnings of all departments of the Philadelphia Company, exclud
ing those of the Pittsburgh ltnlluas Company, for the month of May were
$2,164,373, nn Increase of $365,525 over May of last ear, and the net totaled
$1,016,364, n gain ofv$180,267. Tor two months the total earnings were $1 283,
782, nn Increase of $G92,7!)2, nnd the net $2 059,706, or $312,085 more than for
the corresponding period of 1917. i
The street lallway nnd coal depnitments weie the only departments
showing decreases for the last two months.
.Oa. V" V,VeM00 -it '?sy, c?A
ai i" ;;-n Todd smpmr
N Y
N Y
" : . r. a
Air BrKi;
l qui,..
Bald I-oco pr.100
B & O pr o
Bart Co Pr.-";
j3eth Steel.. 84
Bkn Un Gas. 105
Brown Shoe. 65
Blown S pf ?'.,.
Burns Bros..lJ-
Butterlck Co. i v4
Cal & Arizona 67
f'a! PaCK CJO. iv-i
v Y C ' & S . IS
of
oii ;.i. impr.. "
82 i NovaScotStl57
nlS. L. lna rCtS C, 1
'. onicv,-."a
47
14
, no
ii
12
.1
14
ll".
lldln 80
Irianclo Film V,
IV'nlted Profit "Sharing X,
1 S Steamship R
"'nlted oMtors 32
I'nlted Sugar , 30
IWrnlrt's Film
Wrrght-Martin Air... 0
Zlno Concrete 1
20
4 V.
82
82
Vi
80
40
nz
tit
70
17
I2V4
(1
17 4
MT4
03
"A
'A
I
32V4
3".
(,
7i
10A
II
31i
u oyt
STANDARD OIL
12
CI
nnt 'Silver
nt onq Bott
Ohio Fuel Sup 44
Pacific Mail 20
Pan Am C pf 9M4
reo C, S. K-
Peoria - F.ast 6
Pr Steel C pf 94
P C C el St Ls 52V4
nuts Coal.. 63
.1 . . . .
ie Pipe
I S ii Cal . .. .
S O N J...
'SON Y.?:.
. . .101
, .. 122
, . TJ5
, . . .205
, ...S25
,...207
168
32k
2i0
I0
A32
J7J
324
NEW YORK COrFEE MARKET
New ork. Julv 1 The market for
cofTee futures opened Arm at advances
of 5 to 9 points On the call, there was
a fair demand from a leading traue in
terest for Decembet and March The
volume of business, however, was not
large
Arrivals during the past week In
creased the deliveries somewhat, but the
spot demand has been moderate, and
Intcrlot buvers are believed to be fairly J
well supplied for the present. Com
plaint Is still heard from coffee men
hero regarding the details In discharging
and shipping which have c.uised serious
inconvenience Stocks In Brazil, Includ
ing Government purchases, me laige
amounting to C, 631,000 bags, compared
with 1,091,000 bags at this time a ear
ago A
Arrivals at the ports otlllo and San
tos total 15,107,000 bags, and a large
amount will he carried over Into the
next ciop There Is a considerable
amount of coffee In the Interior which,
owing to congestion, has never been sent
down, and It Is doubted If It will ever
be known just what tho correct total
will be for the present crop
shortly nrter tnc local opening, prices
showed further gains of a point or two,
most of the support conilng from trade
Interests and European accounts, while
sellers weto old outstanding longs who
were disposed tojlquldatc around pres
ent prices
Toi,) s Sniurciaj'f
bany Southern Railroad, Indianapolis
and Louisville Traction Company, West
ern Ohio Hallway CompanV, and the
Fort Smith and Western Railroad.
rAitTNrnsiiiP'.
270
Cal Tetrol pf SOU PU8 Coal pf. 81
31 33', 34
23'.
21
40
19
'04
121'
45
19
40
19
04, 03
.-, . vav .. 36
Cen Leath pf.104
Cert 1'rod.. . 35
Certeed 1st pf 87
Chandler Mot 8.
Chi & Alton. 9
CMiStPpr .3
Chi . North. 92
C R I & 1' c ?:
cloS. pepf tc b4
C C C & St L 33
CCC&St L pf 6o
120 121' n f S ,,ref .. 80 U
101 101 101 , Coi Fuel & lr 49
15 15 15, Col &. South. 22
U S Steel . . . .
U S Steel pf
Utah Copper
Va-Caro Chem
Va Iron & C S. C.
,108
1245
53'
44
107
121
5b
41
100
124
59J
II
10'
111 1114 llU. 111
82
51
Wabash ll'i
MTATE OF JOHN T.. M VANES.
wckmiwu ,jmci a ,r nt,iiT"iiirj' un
eve eaint navina- oeeo Rranteo to
MSOVinENT I.IFR AND TItST
IPANY OF PHILADELPHIA, all rf-
Mwobtecl to said estate are requested
ta mh payment, and those having claims
t sKMrnt aame, without delay at the nfTlce
St ffieiild Company. 4 Of! Chestnut at Plilla,
f'SK' President.
Cotton Buyers anil Sellers
ew ork.-'July 1 Jul Sellar bid;
Greer Hussell and Mitchell offered
October Marlln, Fllnn. Frederlckson
and Rountree bid. Brooks Schlll, Hub
bard, Ilaitlett, Stelnhauser and Welck
offered
December Cone, -Schlll and Hartcorn
bid , Hubbard, Welck and Rosenberg
offered
March Hjman bid; Low-enstein offered
WabaBh pf A . . . 42
iVestern Mar land 15
Western Union Tel 90
Westing'e B &. M. 41
Wheel & Lake IL. 0
VVUljs-Overland .. 19
Wilson . Co 01
Worthlngton P . . 54
82
5(1
72
oi
n
42
89
41
tf",
20
bl
bl'
50
yj
22
11
42
89
1-'
0
19
01
Col&So 1st pr 4U(
Com Tab Hec -I
Consol Gas . 84
Cont Ins Co. 50
Cont Can 70
Cont Can pi 101
Con I C Miss 11
Corn Prod pf.101
'-: Cruc Steel pr, -u
V-, I Cuba m S".m
11 , Cuba Can Bug 81
42 Peree & Co pf 01
Del &. Hud .10i
S3 n Lackft W.102V4
1) &. It cj pi. .
Det Hdlson 125
DSSS-Atpf 6
Den R Gnde 4
Dome Mines. 72
i:rle 2(1 prei ;
h-".
50.'
43
-.'
2(1
01
.- ...... i -i.tijni T-iri-frrd
'-'-.' L nX.1.T."""rVn. .". United
Mates ImlustrUI Alcohal preferred 1 c
MONEY-LENDING RATES
-v-rw mirk. Money on call, mixed
plerce-Ar pf- 98
Pressed Stl C 67
Ponk Ck C Co 19.
pub Ser Corp 100
pulman P ClUTi
Beading 2d pf 30
Headg 1st pf 36
Hep I &. S pr 90
Rv Stl sp pi. '
Roval Dutch .100
ravage Arms 724
Saxon Motor. 8
Stl-iSS" 134
St L & S F pf 27
St L & Sw pf 21
Scab A L ... 8
Scab A L pf. 21
Sears-Roebk .135 Vi
Sear-Roe pf.116
Sloss-Sheff. . 05 i
So Por R S..134
S Por Rle Su 160
South Rail pf 62
Ftd Mill pf... 80
Studebaker pf 90
Stu'z Motor. . 43 Vi
Sup Steel ... 42
S Stl 1st pf.. 96
Tex Co icts.. 19'a
Third Ave .. 18
Tobacco P pf. 95
IIJKPKMF.NT OIL
Barnett Oil & Gos.
Cosden &. Co
i:ik Basin
Federal Oil
Inter Petrol
Iloubton Oil
Merritt Oil
Midwest Oil .
Met Petrol
Ohio Fuel 1;
Oklahoma Iter
Sapulpa Ref
&equu;uii -
Sinclair
STOCKS
2 14
7IJS
i74
110
1
17
7W,
10 20
(1
2
IS "51
70'4
27
117
1
Mil. CKOKOK VT. 1IOLI01VAY ivishes to
announce the Incorporatcn ot George W.
Ilollovvay Co.. Ine.. which will beln busi
ness at .inn Hullltt nidir . 131 S Fourth St.,'
Philadelphia, Pa , on Jul First. 1018.
ROOERS. HOLLOWAY CO.. INC.. 300 Bul
litt Hldft , 131 S. Fourth st . Philadelphia.
Pa . bee to announce that the will rease to
transact business cm .Inly First, 1018, and
on that date co Into liquidation.
niKKcrnnv or Arroi'NTTi
rerllflecl PnlilleArrniinlnnts
1
LAW'HENCE K. DltOWN & CO.
1015 III7AL nSTATK THUST ni.DO
1NVESTIOATI7 & ADJUST PAnTNEHSHIP
CORPORATION' ft DISPUTED ACCOUNTS
orenins close
September R IS s '"
December . R "1 fJS '" 4"
March ,. K 0J8 t3 8 1,1
Mai 8 70 8 77
Julj i 8 13
0
(ii y,
113
8
u
:0
More Short Lines Want Increases
Wn.lilnnton, July 1 Six additional
short line railroads applied to the ln
terrtate Commerce Commission today
for permission to Increase rates 25 per
cent to meet the Increases allowed
other loads They were the Kansas
City, Clay County and St. Joseph Rail
way; i. nicago, Ottawa ana i-eoria, i
Ml-.VIOKIVI, KKSOLI TIOV
,& AT A MLKT1M1 OF TIIK 110 RI)
of Directors of the Kensington Na
llonul Ilnnk nt I'lillndelnhltt, l'n.. held Jjlie
c th 1018, the following memorial Mas
adonted
Th Hoard of Directors of the Kenslnffton
National llarilf desires to place on record
its tribute to the memor of Its fellow
membpr the Into Samuel !1, roomnn, de
ceased June 21st. 1018.
During his service on the Hoard no one
was more faithful and earnest In his duty
to the Bank, and In his death the Bank'has
lost an able and loal Director.
Modest and unassuming, his advice and
counsel were sought and highly valued bv
his associates and being a man nctuited
by the highest motives he earned and held .
the esteem and respect of all those with
whom he came in contact.
He was broad-minded consclentiojs fin
cere, noble In character, a gracious Chris
tian gentleman beloved by all
While thus recording Tlpon the minutes
their high esteem of his character and
achievements and their recognition or the
great loss sustained in his death, the mem
bers of the Board desire to extend their
earnest and sincere sjmpathy to his be
reaved family, and have ordered that a
copy of this expression of sentiment be '
transmitted to them
RICHARD TORP1N. Secretary
MlMXd STOCKS
r
m
194
"v,
1
1
ft
10
1
Fed M & S pf 24 To) & s W cts. 5Ti
Flsner i""J ; ZZ'
Plaber B'v pf 8,
nltston W Wg 28V,
Gen Chem... 10
Gen Cigar ..
' Gen Cigar WH
nn Elec ...148-
, . - ntz
2.n . "
T & SW cts pf 10V4
TIdevvtr Oil.. 180
Transue-Wms 401,
Twin Clt R. 394
Under Tpe .105
L'nhed A Stl. 40
caused
Frank M Hardt
as vice presiaeni
ths Philaaeipnia
m
US.
mow
i TRUhTKES OF TIIK CRSON
&TMrK for Orphan OtrU hereby giv
ritt the College will 'Ho onn and
ir otcuDancv on jiut ihi. luin, on
ilven by Mr. Robert N Carson, the
u t fflaiirlnvn Pnnivlvnll
CoHese can accept only orphan strle.
who4W arena ar neaa. inry muii
. htween the aaea nf lx and ten.
Bbyitcally and mentally, and prefer-
III b slven to children born In or
iliaaeipnia. unuaren win rrmt.u
or ar elehttren
tlonn for admlnslon should b sent to
iRU" tuuubur. run uuniA
L8, Klourtown, Pennsvanta.
assumed his duties
and treasurer of
Trust Comnanv this
- - r - . . - . . . ihpu nr
mnminc- .Tnhn Storx JenKs nas reiirea m.iiv ui,.Ht
o vIca nralrlent nnd William U wuhois I for jtofMi lifcht common
Q h,rman of the board Mr DuBols , slow Top. 17 10 bulk
!?-.bf-K?J!SSfJd .nvli,869he ihp m wn.ht,
Livernool Cotton
.. . t..c. , c?.,. w .nR'ivc, Hlshursements have
""""' yyiK.', "'-'"' ."-"""J."" ",V".:. TinT in the amount of
OUiei iquaj ami irices vver- sieauv Jin nw..; "--ii.M. .Verier fi iier rent. That
the basis' or J-; sia ror minuiimr .-saies i lunus u' ". r.n., TiV ,;.Yi minimum
were 2000 bales R-celptn were 4000 bales rate was virtually thehSenJ mTcie for
of which 3300 bales were American Fu.,toda1, rans&.irtal raciirito col
ture opened quiet and were steady Old 'ninety days on Industrial securities coi-
contract, spot prices were American,
middling fair. 23 86d ; good middling
23 tin , mumiing zz a
22 02d . cood ordlnarv
I bank acceptances at 4U4T4 3-1 b per
i rent for member bills and at 4 o-loi-
CLOSING LIVESTOCK PRICES 4U per cent for private bankers bills
Chicago. July 1 HOOI Receipts 41- .. .
000 head, left over. 4jnn head Good hogs! ril II, VDKI.FHIA Call, b per ceni ,
?aiuraava nesi uemana time. 5?,W6 per cent commercial i-
nt for lending and renewing. The rjr,at W. V tS Ry In. 9S
enlng'rate on Industrials was 4 Pe "V.'fkSl BarV. 42 Un R Inv pf 17H
W... . W.l.n -.101 1'r.lnn n Jt Pa 75
The July 1 Interest and dividend and Hartman Cor. 41s, Un car Stl pf 103
co
cent
opi
cent.
Atlanta
Big l.edge .
Butte Ntvv York . . ,
Con Arizona
C F S & Jerome .
i:mmu Consolidated
Flivt National
Goldfleld Merger . .
Goldflcld Cc-ib
Goldfleld Florence.
Goldfleld Kewanas
Green Monster
Hecla Mining
Independent Lead .. ..
Jerome Verde Vb
Jim Butler
lumbo Kxtenslon ...
Mines Co of America IV
Nevada Hills o
.Nevada Wonder ... V
Nlpisslng 8Vi
Ohio Copper .......
Ray Hercules
nn TOV . 0
Tonopah Extension . 1
West Knd Con 05
Whlcle Caps Vi
Verlngton
llONDS
Bethlehem 5s 08 Vi
Ccsden Oil 6s 78
Pnsden & Co 6s.... 78
I Ciidahv 5s 04
I nuslFan Govt 6'3"8
do 0V4S .......
Southern Rwy 6s.
Sinclair Oil 5s
n
1ft
1
lVa
90
of time Int Agrlc .. 1"
CJOUV.UC "
Illinois Cent
Inter
;. -I c
IdlCldl 'Mn.l,At nn,ln,iAc
The mercantile iiaiir "" .,,i.....a
Int Ha'r Corp b7Vi
I'aner i' '-.
Salt .. "
Int
Inter
is UB- low Idd ng,onlV 'moderliely actVve and the discount; Iowa Cent .
rv "i 0d' ordinary' figure on choice material is 6 per cent, m Har Co pf J
ry .im, oralnar T7,ereg an ncreaoe in demand for prime mt McPPf Lt
narking grades
llll 4',K17 0',.
tlRHIfMnnt packing,
Jin sow 17 io. pigs,
llll -lllaltt H i rough SO Toalii nil
ler, three to six monins,
six months, 6 per cent.
5 6 per cent;
itntvifl
440 'VII
374 741
DTATJS Of WILLIAM C. CUAtcifc.
CMiaed - ueitcrs lestameniarr on
estaia navina oren arancea lu
rRAinff. all oersons indebted to
aetata are requested to make pay-
1 tnoatt navina claims ,u yrcvstii-
without delay, to . .
ZOV1DENT 1-142 A1N1 THUar
6VY OK PHinADEI.PHIA.
iT.ln-Fact for MARV H. CRAIQE.
Iftrlx. 4UV unesinut sew niia.
BTATE OF MAK1 A. YUtX.
aaaed Letters testamentary on
i eatata having been granted to the
04, all persons Indebted to the said
lng claims to present tho same.
S MII ADEtrPHIA TITLE AND
.TRUST COMPANT.
ur )in at ana tancasier ave.
fUflTUS I. WOOD. President.
rATE or wiujui c. lutz.
eal l-etters testamentary on
! having been granted to tho
all persons Indebted to the aatd
uesiea ,u imw isinifiii, ,uu
tUUBJ 'U .present tin same.
'XJJLK AMD
tJS',
ir,i,rQt in tha comnany ana win re
main as directors of the board
RAILROAD EARININGS
CHICAGO INDIANATOMS AND
LOL'ISVILLn
1918 Incrense
Third week June Ul OH 144 HI
From January 1 4.'.'03 008 J1..3-
NEVV YORK ONTARIO AND WESTERN
Meveross . J707.287 111 0J4
Net 4 140
Five months' gross . 3 74T 480
Net . . . 2w 800
PENNSYLVANIA RAILROAD
May oper reven?"et$30 inTnsi JBJ04 849
.'At rtrmi inrnrna 3 ii i n r . i i en
Five mo oper rev is1' ii, ,?". oS .ill , , .
Ket aiier "p ui.niiiou. - "a -
Net oper Income 1 099.V97 MV929 720
(Western Lines)
Msy oper revenue 7 ui ocu -,mj,.
Net oper income i.uuo,-., -"i :-l
FlV. moi. oper rev 29 704 470 028 040
Vet after eip .. 1,03s lino 3 011340
.Net oper. inc. def. 1.577,581 3.177,043
PITTSBURCIH CHICAGO CINCINNATI
AND ST. LOUIS RAILWAY
M.y oper. revenue ."."J.'0. !55i'"J
Net oper. Income aJ;.Ion 238 450
Vive moi oper. rev 29,82 441 &4J.737
Net after exV" 10.7 032 3.R15.150
Net oper. Income 125 711 3.470.080
DETROIT & MACKINAC
Third week June... 127.541 I3.473
NORFOLK AND WESTERN
Total oper revenue.. 30 872.181
Total cper. Income,., 1.728 IJJ
Net oper Income.,, l,84l,ci
rlve monins i
Total oner, revenue
nAs- liimm.
10N.t oper tacorot .; U-."
Decrease.
Cales steady
SHEEP Receipts
17 000 head Steady
Kansas Clt. July 1 CATTLE Receipts,
12 onn head Steady to strong
IIOOH Receipts, 8 000 head, strong, 5c
higher
bHEEP Receipts 0000 head Steady to
strong
South Omaha, Jul 1 HOOS Receipts,
9800 head 5c to 10c lower
CATTLE Receipts noon head Beet
stead. others 10c to l$r lower
SHEEP Receipt. 12.300 head, steady to
lower
Reserve Bank's Discount Rates
omc'al 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 for a
period of sixteen to ninety days. The
third and fourth columns give the rateti
for rediscounts of collateral loans se
cured by Government bonds or notes )
Com'l papey CJOVI paper
Jewel Tea . "g
Jewel ita.H' ;;,-
Kans Cy Sou 18S
Kans T F S
& M pf . . 60
tr i"1 sn nnf . .. 504
Kelly SpBfld . 50
i Kells Spgd pf J"
King3 CHI. C 90
Laclede Gas . 80
Lake Ii a-. ,7
Lee Rub t T 191
Worth P . M
pf B . .. ""'
I, & My Toh.lG5
U i M 1st pfl0.3H
Lorlllard P ..179
Lorlllard V pfl03
Un Drg 1st pf 48V4
Cnlon Pac pf 70 Vj
Un Pap Bd . 15li
U S R 1st pf 100 14
US Ct lr P nf 44
U S Indl pf 94
U S Rlty Imp 15 H
V S Rlty Imp
1st pref ... 50
U S Sm&R pf 44
Utah Sec Cp. 12'
Va Car Ch pf 107
Vulcan Detln 7'i
Wabash pf A 42Vs
Wabash pf B 26
West Pac pf 64
fftuE Pf 20
West Md 2d pf 32
White Motors 42
Wilson Co 04
Willi s-Over pf 82
Wis Central . 36?i
WrthCOIpfA 89",
Woolworth . 112
43
43
08
7.1
Todd Shipbuilding Cs 00
3
4
'Vi
ao 10
Hi
10
iy4
81,
4',i
11
1
100
ft
0
08V4
83
83
07
40
40
80
09
lft
lft
iSc
HS 2c
20c
10c
2V4t
ft
4ft
4c
ft
8V4r
8Si
4y,
10r
IW
08e
27c
08V4
47
47
Heavy Demand for Silver
at $1.00
NIPISSING MINES COMPANY
per ounce
la resulting In phenomenal earnings and dividends for the large producers
of Hie White Metal, nt which
Is conceded to be
pre-eminent, hav lng,
during the past jear, paid dividends at the rate of 30, belling J8 75 per
share.
BUCKEYE' MINES COMPANY M,ihlegSS
we are offering on subscription at BV per share, Is surrounded by the
most prosperous Silver-Lead mines In the famous Alnsworth District of
B C. With energetic development work -In the hands of noted Mining
F.xpert, vve are pleased to advise present and prospective stockholders that
Booth, Garrett and Blair, the noted Philadelphia assa)ers. have Just
.advised us that samples of ore taken from the Buckeje prcpertv have
the remarkable valuation of from $134 to $149 per ton In Silver-Lead,
which by far surpasses our mot sanguine expectations With regular
shipments from the propertviut a few months off, tho purchasers of this
low priced silver-lead security have unlimited possibilities for substantial
protits By purchasing Nlpisslng stock together with Buckeye chares
tho Investor Is Immediately the recipient of a very attractive dividend
return together -with remarkable speculative opportunity. The full data,
with figures. Is very Interesting, and free for the asking
FOX & COMPANY
rrlvate
W Ires
KXTAHLISIIIID 1008
Stock Brokers
Real Estate Trust Bid p., Phila.
Telephone, Wnlnut 2480
Prompt
Deliveries
NEW YORK BUTTER AND EGGS
New 'lork Julv 1 MUTTFR Receipts
(1404 tubs. Marl et weaker High scoring.
4it24-iWc. extras 44VjC Ilrsts 42H844c..
seconds, IOW42C state nairy. hcc
EGOS Receipts 11 ()V) cases
Arm r.trns 4t42c brown.
1 mixed, (13042c Others unchanged
Market
43 047c,
DIVIDENDS DECLARED
IS das
, 4
. 4
4
. 4'4
. 4'.
4
28 242,000
5 524 702
si.oio.inn
M 8B0
laj 324
3 034.310
2 914 H2T
3, 727.031
1 Boston .
1 cw York
rhlladelphl
j Cleveland
I Richmond
niitahnm, Vatiira! Ola Pomninv miarterlv Atlanta
of 2 per cent payable July 20 to stock of 1 Chicago 4
record July 9 St Louie . 4
American Glue Company, regular semi- Minneapolis 4
annual of 14 per share cjn preferred pay-I Kansas City . 4
able August 1 to stock of record July 22 I Dallas .. 4
Northern wntea rower company regular, can rranciico ,
quarterly of 1 per cent on preferred pay-
11
111 to 00 in to 00
das Id da)S days
4
das
4f'
4
4;
4
44
4.
4. 93
44
4V 3
4H
tt03
4'
4
4'
4'I
4'.
4'f
4'i
'
4'J
4'
4V4
hlA Tulv 9H fn stock nf record June
fhlladeipnta anu urays rerry r-assenger
Railway Company, regular semiannual $2
nr share nas able July B as registered June
20 Bonks close June 20 open July 8
National Licorice Company, regular semi
annual of 2V4 per cent on common, pavable
July u fo siock 01 recoro juir a
Western Banks Join Federal Reserve
Cleveland. O., July 1. State banks In
all parts of the country are evincing new
Interest In the Federal reserve sstem as
a result of war conditions, and are joining-
the system or making application to
loin. 'Twentv-nlne State hanks In the
Cleveland district In the last week, com.
pleted preliminaries for entering the svs.
tern or have plans' under way for mak
ing formal application In the near
future.
.1018
AR SIVER
:-SS-" . -L 5i? H'LoT haa "ta&'U.u'J.vW lJtiwt,Mk
Vf . mv,:.!.
kitw.aUB , j ..,,J. ..-- j. ;' 'ytafkjffli'sKxSlOmi.
Fix Julv Interest Rate at 7 Per Cent
Cb', Julyf 1, The, Board at rfc
FOREIGN EXCHANGE
Hew York. July 1. Aside from the
higher figure made by the Federal di
rector in Italian exenange. tne marxet
was dull and featureless In the early
dealings today The further Improve
ment In lire was attributed to the war
position Indicated dearly by the admis
sion of the Austrian Chancellor of se
vere losses In the conflict with the Ital
ians en the Plave and the stabilization
program Ruble notes were nominal,
pending further political news.
Quotations were:
Demand sterling" 4.7BA, . cables 4 76,',.
sixty-day bills 4.73, ninety-day bills,
4.71.
Franc cables 5 69TS7checks 5.72VJ.
I.lre cables 8 su. cnecKS a -'.
Swiss cables 3.96, checks 4. N
Guilder cables EOVj, checks E0
I'esetaa cables 27. checks 27.
..Stockholm cables la.aO.JtMCka IS 10.
rmMatLania. rauiiaa-
411-ta.JUlu ukiu
tt,mm ppi . i' 'I sps
v,-vaw!-ii'jr
rmmfr '-'m
J-ine Oil Development a Record
oil Clt, July 1. June almost be
Mm n record month in field develon-
I ments according to tin Derrick monthly
oil report ine completion 01 -us new
wells makes a new high mark for the ,
fields coveed and brings the output 1
far above the inonthly average for
the last two years
BANK CLEARINGS
Rank clearings today compared with cor
responding day last two esrs
IMS 1017 inm
Thlla. 108 8711 102 fVI.HIO 2S J12 110 On-V
Boston ..53.101 418 .-.2,377 1124 40 2B0.76S
GAS BLAST HURTS NINE
'i '
Four Homes Wrecked at Bradford In
jured May Die
lirarifnrd. l'a.. July 1. Nine persons.
Including seven members of one family,
were probably fatally burned here when
an explosion of natural gas wrecked four
houses. The Ictlms are:
Pat Granata. his wife and four small
children: John Granata. a brother, and
John Orucio and his wife.
The exnloslon occurred when an ac
cumulation of gas, which had leaked ,
from a twelve-Inch main near the
Granata home, was ignited by stove
. in ih, i-ftaMenrp. Tha nine victims.
wis- t ,-,"- - ,, , tr '
1 pupiii, !! wmpsm
;7,u?a. .:
wi.mz
' 'SA 3AV-
Independent
OILS
and their
Possibilities
A rrivit-v in many rthe ,ead"
rOlivity jne 0) securities re
news interest in a 32-par.e booklet
which wie publish and are dis
tributing on request.
Twenty Oil Stocks
are analyzed (from the investor's
standpoint) in this interesting
booklet now in its second edition.
Teleulione,. Call or V rite for
llooklet TU-001
I Free cm Request)
JONES & BAKER
siicuaiTius
Widener B'dj., Philide'pU
'fsaoet Hell. Walnut tj
Kersloae. Usee 2230
Nnv orUl I'ltl-iiurch
CblrnKil lloatnii
Olrecl PrlMle ITIres.
J0XES BAKER.
XtHtntr Buildlm. "sllcictell.
Vou may send me free booklet TL'-OSI,
1
ANNOUNCEMENT
Insurance Amalgamation
July 1, 1918
The brokerage department of Henry W. Brown & Co. and
the firm of Samuel Story & Sort have
amalgamated under the name of
Brown, Crosby, Story & Co.
137 outh 5th Street
Philadelphia
This brings together two of the oldest and largest
insurance biokerage houses in Philadelphia"
The old firm of Henry W. Brown & Co., of which
1 Mr." Edward M. Story also becomes a member, continues
unchanged to represent the insurance companies a theirVtgents.
I
A'lal
AirtU
-s..
ty V 'I?"':? I.V.IAT LE r 1
1Ar-Ji:we' " W -lLZiJ M
Exempt from all Federal Income Taxes
, (Normal & Surtax) .
$200,000
Liridtiurst, New Jersey
Coupon or Registered Gold 5 Sewer Bonds
Hue Serially July 1st, 1011), to 1057, Inch
Population 1910 407C Population 10157299
Issuance Approved by Canttal Issues Coiiimllfee.
i Prices Yielding 4.80
B. J. Van Tngen & Co.
52 Broadway X. New, York:
. ivS, jJA
ii
.
111 1 iiriMiiiiii 11 1 1