, .. . ' - , tt .-
'?
?'
(w
4-' r"
'
t
ttOilvGas
?IOM QUOTED
fitfC
IMC
R. Alexander
ck Exchange Bids.
lam 8t.. N. Y. City
U AnFTlTltHMKNT
AM) RKniTTT!0 TOU
rnTnm. nr vfvv nirtt
itmpTKn n mr mrsom
- THIS I1IMMRTMKM OF
"-vniR rnMunNUPti.Tii nr
KI OX JTNK 21. ini8. under
ni Att or Amfmbij- npprtiTfn i
hillH tOfinrrll n1 rhnerrir1
a HwHr, hlahlvi danccrou to
naim ana special nvnacp f o
y orrnnlzillnn n fh TTMtn.it
fhp tm nf wp thrffnr It Is I
tn lStoi Prnrtmnt af Health
ric. firmm auinonn trt adopt
Iwiwto prevent Urn spread of the I
HTOAlth iif Pannivli l ) - V.A-.K.
El 'proforp n. funish to th '
WjnH runt Ion nftIlMr p-rions af-i
ir Bii or in nam ai.?! n to '
uuon muRi i taken in ordr to
mrnujiicition of th? dlsasa to
I tit -ta Ytaarah 4tnHK Ua Jul.. 1
TJjrj'Pfcyalelnn whn flrnt uttrndtnir nm I
i imncioq wiin mpniiin, ffonorrnn or.
iif-io anvpr to mien Ttoti nn" o
fnrw m lmormaiion nnn instruction
t htm bv th Lnmm'fitlnnAr nf TTiMilth
rOOlfteftfte with which, such jwrwn It J
tKAtiy person iiftT,rt,tB Hlth .ph
Mnbrrhtt n rhniiiirnM fn t hnm n
attvnf instruction, hh bn dHrpd i
.11 uillfulh fall. iWct or rrfu-1
WTiftw th trciuttonj prncidpd in said
Hr I nrby dicUrM to b b mnaco to ,
( . u i - . . " '
e,t --w-- -..i . - .-: f . , '.r1
JliV.JjNJUNti rUUjLIU iiHiDliKPHILADJaL.I'HlA,
-X
ATUKDSffjuliYW:
lum'i" ,A4'ii&,
:m
hhkp.Ut'
. t " fl .1A k1
-tvtt-jf
yfW
?i
,,K.te;i
..rV""
p-r
iVEMte OF Tffi: FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES
INCREASED SUPPLY OF STOCKS,
NEAR CLOSE BRINGS RECESSIONS
FOLLOWING ADVANCES AT START
New York Slocks
Arnance flinel 17
ilo prpf . 4 I V4
A tax Iluhber 01
Alal.i Gold At ay,
AlnKa Juneau !,
Wall Street Finds Some Minor Steel Industrials hi'aKK, n3Ji
C. T. 1 T 1 Tl TC T.. 1 '"" ' 1n
oirong I'osiuon nnu insuie Diiying js recn in
ternational Nirkel Up Again
High Poinls in Today's Financial ISctcs
Stocks arlianred in rnr.'i Hadinp nn .Veil York rxOiniipr, hut Oi
creaseil utpply broupht recessions ncni the close Some minor strcl indus
trials are thounht to be in strong position Htnliif 011 he Curb uas
small Gialn dealings iteie vnlnterestinn Cotton uas hinhci Voieinn
e-rchange dull 7 hr Xen York bank statement slioncd det leases in aieuige
and netiral loans and rcseries Demand deposits decreased and time de
posits increased Hank tlearings throughout the country this uerk were
ahoie those of corresponding pctiod of last yeai , but below last mck An
extra dilidend of t pei icnt uas declared by diredois of the Vnion CHI
Company of California liar sllier uas unchanged In etc York md-London
Am rar & F r 8
m Hide K Lea IHT
do pref ,a
Am I.lncccd II
Am Loco am,
do prof ns-".
Am Mult pr IK
Am Smelting 80'M
m sum Ion tin
Am Me Fdrv (I7'
m .sugar in
Am Tel & lei ;t
Am Tobacio mo
Am Zinc a l.d ;nv
' Nrw orU, Julj 6
In the earl tiadlup todn the Mock market showed a trotiB tone
a?aln. with manj stoi k maklnsr Kalns rantjInK fiom fractions to more
l- "ttt- i';i,v jr ;: . . ..... ..-.- ... Uliui lr,ll, imi ll l IIUl IIIUUII illlll IIIUBL III lllf I'm i linger., i-i-v,ji in
KiIxisIIb hatlh. rrxi iht StAte ripnrtmnt , (' .... . , j ,
iW'Mlttilor h-locul Iioi rrt or DernTtmnt closeh rontrolled lues ncre b omp of the bullish room tradeis who
base their po&ition on the fict tint ilups hae been steadilj appreciating
since the beclnnlnR of the week, and in their minds there has been a con
stant accumulation In ninklnp interests
It was a market which for a time uas referred to as being onesided
v tt Ii its feature the ilienrp of --elleis hut toward the end of the two
homs trading some of the lending tO"ks were in increased supph and
he'oie the i lnsp moder.ite rei c""ions oc lined Seetal of the minor uteel
Industri.ils were spoken of as being In a strong position, and assertions
were made that Inside imprests were tuners of these stocks
This talk In Itself induced some bullish acthiU with Crucible Steel
Amerk.in Tan and Republic lion and teel men inc up about I point dur
inc the fiist hour
A few of the railroad stocks aNo were In demand with Pittsburgh
and Wen irglnia again becoming prominent and advancing 1 point to
.15 M;
The accumulation of International Nickel made further progress that
stock moving up to 31 ', and Tennessee Chemical and Copper made a
gain of '4 in the earl trading to 21
I nlted States steel fluctuated within i nanow range all through the
half da and was without important change at the close
Most of the business in the bond market was confined to the Libert
Bond issues The 44s old at i IS to TG 24 and the second Llbertj 4s
sold at 94 1b to 06 1.' The 3l5s weie traded in at 03 60 and 90 6.'
tit
flfln.,
Kin
in
in
K4-4
01 Vi
104
0.1
14,
5SV4
1
M,
I
Burns Itros 13JH 122 H:
I M
lV
m
T'l
t
31 T,
ni"4
4'
nva
I8I1
41
Hi
in
nn.
I18W MHvu
07 K. 0'
1 Iflfle
17
4H4
ox
IV
1
II
1',
40
mvi,
70
ti
08
1)8
18
Kin,
t
I- I
1 I
V.
N,
- H
14
J-l'fc
Va
, TRADING IS LIMITED
! IN THE CURB MARKET
Businpfcs and Price Movement
j Narrow and Without Spe
cial Importance
Philadelphia Stocks
S Si
ilo nref
iuicoiida
Atehlcon
Atlan t I,
Ml a f. W I
Raid l.occ Co
Halt X. Ohio
do pref
BitoplIiH Mm
nein hteel
i1
not,
8l4
01
int
01i
Mi',
s'4
11A
I0
Booth Fish Co 21 Vi
lefHonluVU hfrfbv authnrbed iin'l rilrfctcl
miiiiBcaBucn pTimn unarr qiiRnnnni in
tnefilwltn the premlps on which n or
M-mahAVO bpn faunl. And In rnntlnup
auchdlurAntln until n rrrtlflit of rpc
Ty or snonlnfrtlounms plftned D? ft prnr
.cmnirf pnrnician is rurninn Tor aui n pii
tsthAftald health ftuthorlti. Fuch ninrnn
:tlm to oft rstabllphed nrt mnlntalnd In th
"wmsitxiann-r tnst n'lirflntiTi. ia iiai)iiiir,(i
H4 maintained for other1 cimrnunribl" dl
iMimiln accordanoe with the nnui-lon ot
4tt'Art of AsemDl nr via ." llll'i
FfCieihiSThe CummliilAMr nf Health l
HtwbrMithorlzed and dlrerfed In po no
ileea InAII public toilets In the frmnnm
iTealth'.of Pennnslvanl.l warnlns til" publlr
'ftthc danger from venereal disenr- an I
thmc"lty for prompt and nroi er tret
Wvnii -BVfCn nonces 10 ll upjiicnipmrn iMif-r
Tr"Jaible by directions as In where and
. wnHviperioas tree ireaunenr mav oe nan
i vvmlto-urinarv llspensarv or ine iiepart
nf Health oe other free dlspensarv
fcifatlc; AIJ oersnns are herebv n lUfied end
MlAfNl that the slid notlref provided for
stheAbove reculatlon are placed lit pub
Hcvtolleta In accordance vvlh a rule nn1
rtuatlotl or tne Male iieparimenr or ueann
rftho Commonwealth of Iennv Ivnli .ind
nat any person or peryons vvho shill mu
Itllate. deface or destroj nnv auch nolle
(wll be by o dolnc Molatlnr a rule ind
rnculaflon of the state Department of
ealin ana win dc fiuujn v iu mi i"-iiiiiii-rovided
bv" the Act of AssembK of Vpr I
i71903, for such violation.
F,, ' W 1 UAIlil Id'ICill I
vj- Acting Commissioner
rnnrtmAi i
ri.
.. Bureau of Highways
W Department of Public Works
I? I . Philadelphia
ltatlMl nroDOsata vvi'l be received and
rtleln noom iu v ii nun i. o ciock
von Wednesdaj Jul 10th 1")1S for
Upivlhg Streets (Assessment
?M aving Streets
I ' JhwfKcing Waterbound Macadam
'Xawrfacing Cement concrete and
KnHiiinous Macadam
Hairing and Painting Bridges
TRADE IN CORN PIT
CENTERS IN AUGUST
Financial Briefs
The London Stock i:chanRp and the
Liverpool Cotton HM-hanee were not in
secMon todav t
Watson W Smith and Herbert .1 '
Mrfer have applied for membership In
Df t 41 .virfjer nave ujiiJiieu iiu inciiiiici nij n
emailtl iNot A"grCsSle and , the Chicago Board of Trade . M
. . ' Freeman and Walter A fecovllle haj
i here Is some Week-hnd
reeman and Walter A bcoMlle Has
posted their membership for transfer
Liquidation
outte fS.7. Co 12,
Rutte S &. Top 30K,
Cal lYtroIeu in 1DV4
Cinatllin I'ac l7'i
Ifertn-teed 1'rd .14
'Cent Leather 7I",
I i hea & Ohio ,1?i4
i hi Ot Wet 8v,
do pref 24 4
hi M & Pt P pf 74-,
I I hi O Xorthvv ui' ,
''hi rt I & Pac
0 pe pf tc 0?
do 7 pc pf tc 71
! c c a st l i:
l Idle Coppei 17
"hlno Con Cop 4 1
Col Has S. race 3;
onsol Has . 8'
i orn Produits 4i
"luclble Steel 00
uba Cane u .12
Homes Mines 8
Distillers spi yii,
Klec stor Bat .-..n,
Hrle isv,
Fisher Bcdv in
I do pref n
jfieneral Cigar 18
do pref noi4
ijen Llec Co 140Vj
Heneral Motors ins
I do pref 82
'Goodrich B F 41
Oreat North pf nn4
1 Or Nor Or subs 121,
I Hask & Burk 11
Int Agrlcul
Int Agr cul pf
Insplr Cop
Int-Cons Cnrp
Int Mer Mai
do pref
Int Paper
, Int Nickel
Kennecott Cop
Lack hteel
I Lehigh Vallev
I Max Motor
Max Mot 1st pf
do 2d prior
Mex'can Petrol
Miami C Cop .
Mldvale Steel
Mo Pacific
2'i,
20.
lfH
I17'4
.11
l
no i j
8
W
02V,
71
1
I?
It
.!.".,
8l.
';
'18
1!
8
iH'
."v4
M'a
10
80
18
001,
111
IttUj
Iflp
211
.11
oo
8IV4
01
int
OHf,
SH,
M4
t
81
21
122'i
I2'l
20
10i
II714
.11
;i
:.7'4
8
24'l
7i,
02
02
17
II
12
81
I's,
00
1!
8
IK',
12
II';.
10
80
18
001,
' vt ork, July 6
Bii'lncss on the curb was In pmall
volume, and there was onlv one Im.
IH portant feature with the little trading
I' transacted of a holldiv character Hard-
ix, lv am stock iv as traded In to the ex-
i tent of 2000 shares In the two hours of
I business, and price movements were
natron, and without special Impor
'a I tance
I Then was again a demand for Itoval
'J nutiM r'ghts. which told at 20 to 21
i, The par value of this stock Is 33 1-1
guilders, or equal to about $lfi After
iipoiiciinn or dividends ind adjustment
to the doubling of capitnllj.it Ion. It Is
hard to s, e how the right are estab
llshed at so high a range
Chevrolet was In falrlv good dennnd
celling at l.lfi to 138 while United Mo
tors win quiet, with sales at 33 and
i I
'n4 " sleeks were gcnerallv steadv, Cos-
, den selling at 6V and Merritt at 27
u, I Aetna Explosives was traded In at
4 i, IH, to 1114 New York Tran'porta-
1, tlon was excptlonallv actlvo and stiong,
janvancing iromi6 to IS'.
inning stocks were falrlv well held,
, - ( nig i-eage selling at 1 '4 and llureka
t I ai 2 Burns Brothers Ice sold at 28
nl t'i 21,
2
HlBh
Am Oas 08
10 Am Mill 10i4
( Bald L pf
10ft Brill .1 G 27
055 Klec Stor .1411
870Oen Asph 3f)
2U0 do pref 71
Ins C N A
.107.1 Lk Sup C 100-4
lRLeh Nav 08H
Leh Vfll .
41 Nev Cons 20H
.10 Penn It II 4"4
Pa Salt M
Phlla Co
cum pf
.180 Phlla i:iec 21
170 I'BTtf 2ni
42 Ph Tract 08
Ph a: W
lOIteadlnr 01
.ITon Bel 2T
.10 Un liact 37 Vi
.10 IT O I .. flIVf.
StT N.I .18!
720 U S Steel I08",
War I (L S .
Total sates, A021 shares, romptretl with
M80 sharei veterdavt this week, 40,8,18
shares! last week, 00,227 shares.
Net
T ow Close chue
08 08
IOV2 10 V4
flflfl
2nV it
R2Vi 4 2
34 34 1
700-, 70 t
t27 .
10U 10X,
08' flV4 lA
tS4
2014 S0V4 W
44 44i4 (,
T85 .
H
24Vvj 21Vi
2.1V4 214 4 '4
08 08
0
01 03 tt
2 2'a 'A
37V4 37V4 '
6!(, 05tt
181 185 2
108H 108 tt
t
HOM)X Net
HIfi Ivv Close chge
8800 Lib Bonds
1'ss I 00.00 09 20 90.00 . .
2100 do 1st Is 04.14 01.70 04.14 .14
2210 do 2d 4s 04. 10 01.70 04.10 .30
2S00 do 4 'is 00.20 00 00.20
1000 Pa Co con
4s 1131 11 83 83
1000 do 4 Us
llfiS 8874 88"4 BSTi 1
IMIl'STtll M.s
I
I
Did
li4
1
.1
V. es i lose
,Vk Isalel
4014 140M,
110t 1,18
81 82
U
00
.10
8
28
102
10
.11
11
84
58 '4
11
.18
2 2V4
101
20
11
21
no
21
Nat i:n & Stpd .12
on
11
00
.12
1
17
101,
.10
7
28
102
to
mi,
11
81
38 tt
31
41
nov.
12
1 1
!
on 1 4
10
7
28
102 V3
10
11
31
84
tt
11 tt
A7
t
1
ctors will be required to comply
act of July 18th. 1017. relative to
'Ka Compensation Insurance and
.moat be. rurnisnen me iiepart
"bvaald contractor that he haa ac-
tiiii uroviBiuii ui nam n. i niiu 111- . ... . . .,...!,
tut liability thereunder or secured ana "ere was some vveeiv-enu nquina-
lon therefrom tlon.
a at Boom .i. ny nan juv c-pened at ?1 31 '4 It t 51 , against
, blrago, lulv 6
I Corn was inegular this morning
Trade was centered In August On the
whole, the demand was not aggressive
v&T,
CIEOIIC1E B. DATESMAN
Director
imiMMW
laia. twi
"?r 110 Hou
i 4tui M1NF, lIILIa AMI S(1II!L-
LI HAVEN KAIKKUXD 10MI'AN
liu nouin run riii "irpri
l, stxm iionTti inn, mis
3 iter eiit (St.50 nrr ttlmre)
Mm day bn riT.aretl. pai abU on
PtvMonth 15th. 1018. to stockholders
ora at p m on th -1st Inut.
tMtrmtfr books rlosinr in the Slit
eil be opened at St a m jn Sevejitlvf toda urhe
i'
mth fffth. lftlS
.Ctitcks vill be mailed
VF n 3 M BIDDLK
t Armnurr
$151'4 at the end ieterdav August
started at $1 51Ufil 53 against $1 54
at the end esterda. and later iold at
$1 53i4 September started at $1 5"34 'a
1 55t4 against $1 5 at the close jes
tcrdav, and later Fold at $155
The leteipts here todav wer 400 cars
I nsettled weather and light rains In
Canada caused telling of cats and the
market was easier The arrivals here
71 cars
Gaston I framei, representing the Mont Powei
l;nuitab e Trust Compans. ot isevv iorK. .hc v .
I. iu AatfihllkheH heHnllnrtprs nt Camn
Cnlqrl Tu fne tile unle nf "prlp Nat Lead
checks' These checks are approved by . Ne Con Cop 20Vj
the Government, and are sold to the .evv lork Cent 73tt
men of the A I. s without anj com- - i ii v xt v v,
tnlsslim hi Itic charged North Pacific 87
- Ohio Gas
Five railroads reporting for the fourth ' Ontario Silver
week In June, give grotw earnings of, Owens Bot
$8 699.S27, against 5,I87,L'SJ tms weeklPenna. R It
00 101,
20 20
12 31
21
00
last jear The Increase is $112 .'45
mit SIVER
Today les
I ovdon ipenre) 4sJ
Sew T k lets) 1115. O'lS
Last MIS
Sat Hljrh Iovv
4N' 40'4 42'ii
001, 014 Si's
Wi
"KIOIITII NTI()Sr. 1IM
rniiaueipiua juiy 1 mis
lulv started at 74 to 74 c against
71t4c at the end esterdi August
opened at 71 S to "t!4C cimpared with
71c at the close etserdav and later
sold at "I c September opened at
EW YORK INACTIVE STOCKS
Following are quotations for Inactive
v'ew York stocks and In which there
were no transactions today The price
given If the last previous sale
Adams Tep r PS Llg M T pf lo;t.
Am B Sugar 71 Lee Tt X. T 10
37 tt
12
01
44
41
14
40
.12
Peo Gas S. C
Pere Marqu
Pierce Arrow
Pitts Coal
Pressed Stl tar 07
It Stl Spring 02
Hav Con Cop 2.1
Beading . 01
Hep Iron K. Stl 04
Tta Tlrectors have this da declared
Annual u iiuruu ui . .in irr -eiii. I ,w4 (o iU"sC .igaillfcl lll',C at tne c oe
lw'have been mailed In udditlon an . .. .. " , ,. , , . -,,
The receipts of wheat at Minenapolis
and Duluth todaj were 86 cars against
60 cars last vear, at Winnipeg 94 car,
against 296 cars, and at Chicago ip ne
against 31 cars
xtcft. dividend of Five (1) rer tent payable
tf.r'B. jloeriy iionos hi par ana innt&
M.
MONTGOItnnT.
I'resid-nt
f '
TlMJTHUESTi'RN MTIOWI. 1IWK
B c UmoiI nt.fl suntifli Wtiiiotu
;V ?. Philadelphia Jul th 1018
Mr JJJrCiorB uav iut ui- ucjairti
1 on demand clear of tax
dKcka will ue mniipd
PiiVl. JOHN T. .SCOTT Jr
FVSWr t ashlar
t
I.KC.M. 111 KBTIXINO
I riidinR futures ranced as follow
torn Inew ilaUvtr)
leslerdjv s
Open High Low Close ilea.
us 1 Si's 1 -i44 1 11's 1 M 1 14
Stpt 1 SVi 1 1H 1 H'-j 1 -,-,i4 1-..1,
Oats
Auk 71 71'. 7ll' -m, 71'
Kent .ou
7114
7n4
hOC,
1.0'.
OF FRFDKKirK I'BBl, 1IU
I. Letters of Administration on the
lypratate havlnsr been aranted to the ur-
IMS.. 1I persona Indebted tn th' a1d
. ara Tenuested to make pasment and
v htvlnir claims to present the s ime
ut delay, to
P4?5K -j "M " fll'i' Admr
HXf'f, 2121 D st Philadelphia
LA U'l ,W ,
S.'f9Mrrnm of n tints
f-Jy-toCsHlfletl I'lllille Arrolintanta
i,,t. IAW ixiuivk r n i.i.v.... .
EilSl-KEAL. BSTATK TntlST BLDO
IXVKJsrXUATK ADJLM rani.'ii.nanu-
Vl-.iaAn 1 mnkt L T I T . T. L" tA A rl ..I H f J
UAAlIUll Ml.i, w,ui. .-..fc-ww. . -
l,arrt
Julj JO nrt 2". 97 21 07 jti nil
sepi ;u j-i jit 21 n in ji. in j .m
Illb
Julv J 4 J I "J
bept 24 ll 21 hll JI 111 J4 "" Jt i i
Jul?" 14 60 tt II 14 11 44 'il
,-pt 41 HI 44 VI II sn (I 'ti
lllle.Chal nf SI
Am Ag Chem y
Am B Sug pf Si
Am Bk Note 34
Am Bk N pflSl
nier Can Pf,7
Mtird rPf io
Amcr Coal b.
mer Cot OH 41 ',
m I xnress 10
mer Ice Sec 32
Ani Ice Sec pf 4S
m Int Corp 5 4 '4
Am Lin Pf '
SAm Malt 7'4
m Shnhld Co 10 u
mer Fmlt pr 105
Am sni pf B SO
m Snuff Wi
Am sug nf HO
m sum T pf l"n
m Tel & C o0
Am Tob pf nvv ?5
I Itoval Dutch
Shittuck Ariz
Sinclair Oil
South Pacific
S P It Sug pf
Southern ft R
do nief
Studebaker
I.OOSP W Plo Afl
Louis i .s.ii, iT.:a Sup Steel
Lorillard r lot ' Tenn C el
t-oriiiard P pfioi
Mack Co c
Mick Co pf 71 s.
"in Shirt . 05
Manhat F.lev 9S
Man H Si To 48
Mav n s pf02
Mex Pet pf 05
v'or F.ssex .13
M R- St L new- 1 1 ij
S PtSS M 81
Mo Kan T 5'3
Mo K &. T pf 0
Mo Pac pf R5a,
at Acme u it
Nat Biscuit . 14 ia
at ni, nf ,n73
Clk A St 53
Nat Hnam &
.id pf or
100
10
34
81tt
107
21
OJ
0
41
21
1S1
01
23
01
2014
.1214
00
20 V,
72'4
.18
87
17 tt
12
01
14
41
14
10
riw,
07
01
24
02 V,
03
100
lfl'fi
.It
83
107
23
0 2
4014
41
20tt
111
04
1
t- tt
Texas Co
Tob Products
Fnlon Pac ..122 12
I Ctd Cigar Sirs 102 V4 102
I I S Ind Ale 12114 124a4
I L S Rubber 00 14 0
do 1st pref 104 , 101
I' S Sm d Ref 41 41
V S Steel 108 108V,
Va Car Chem o 10
Wabash .11 1 1 Va
do pref 42 42
do pref B 20 20
West Man land 14 14 U
West Un Tel 88 88
Worth P & M .17 tt S714
do pref B 08 8814
Wilson Co 01 03
Willjs Overld 20 20tt
2
I- tt
tt
1
20 y, tt
12 H
00
20 tt
72tt I
38
87
.17
12
01
II
II
14
40
.12
07
02
24
02
01
100
10
.14
8tt
107
24
02
40
41V4
20
112tt
letna i;xplos
m Brit Mfg
1 Am Marconi
m Writing Papei
1 ir Reduction
. Canadian Car Co
Can Car-& Fd pr
I Charcoal Iron
Cheviolet Mote rs
Cramp .
I'urtlss Airplane
I Carbon steel
Lnierson Phonograph
I Hendee Mfg 1
1 Lake Toipedo
, Lehigh Coal Sides
- 2 Lima Loco
I Maxim Munitions
1 I II trlin Aims
N V Shipbuilding
1 Nor Amer Pap Pulp
Otis i:iev itor
Peerless Motor
Poole ling
Redden Truck
scrlpps-Booth
Standard Motors
Steel Alios s
Submarine
St Joseph Lead
Todd .Shipbuilding
Triangle Film
I nlted Protlt Sharing
I S Steamship .
I'nlted Motors .
United Sugar
World f. Film . .
Wright-Martin Air
Inc. t anient .... '2
STMIAlm OIL
Illinois ,BT Jflft
Gllio . 32 32H
Prairie Pipe . . 2.11 200
S O Cal ... .212 17
? .? v J "-a n3 "
S O N 1 . ... .201 272
IMlfcPKMIK.M Oil, STOCKS
narnee oil a Gas ,'.
1.0
21
70
8
111
80
10',
12.1
10
4 "4
78
48
70
30
47
A0
11
12
1.1)4
0
1
2 '4
11
21
80
8tt
117
81
301,
128
20
4
81
48
tt
80
12
Jtt
.12
17
10
12
17
I2tt
l.itt
11
24
r
.1 0
lfl4 17V4 10 I4
14 tt 11
89 ni
tt
0 Ott 0
12 33 33l
30 as"
tt
104 10 111
fosden S. Co
UK Basin .
Federal Oil
Inter Petrol .
Houston Oil .
Cf, j Merritt Oil
74 I.MIdwebt Oil ..
114 Met Petrol
'Ohio Fuel
1 Oklahoma f.ef
y. Sapulpa Ref .
I Sequovnh
u!&lnLlnlr
tt
ou
o
2
1414
07
27
Ill
Itt
12
7
8
18'4
0
0
2tt
11
08
27 tt
110
1
17
7 '4
It
10tt
-1
MIMSC. STOCKS
1
ork
01
122 tt
102
124T .
00 tt
104
43
108
fiOtt
11
42
20
14
88
.17 tt
08
03
20
Ulanta
I Big Ledge
Butte New
I I on Ariz
t h S &. Jerome
Lmma Consolidated
First National
Ooldfield Meiger
Ooldfleld Con
, , 1 Ooldfield Florence
r 4 I Ooldfield Kevanas
, Hecla Jlinlng
T I Howe Sound
4. v I Independent Lead
v. Jerome Verde
Tim Butler .
1Jumbo i:tciislon
H JicKiniev narragh
Vrt.-'.
, MEN TO HOLD
Another conference
fSGS-
ixfrig of Prices) on Certain
Ptetiucts Not Accomplished
at'Meeting This Week
C . ,
rajsas; - r . .. .
)lJiJ jt 'w ork, Jul j B
Ftxlnir of prices on certain steel prod-,et.i-i
Including rails, was not accom-
PROFIT-TAKING BRINGS
RECESSIONS IN COHON
c l i o 11 Convinces Traders
Tint Week's Contracts Are
in Strong Hands
. t 1 luuii ewaivr. irsiinrir ptiinrrn. iiniiiiiiini 11 1 1 11
x . rw 1 . a n nr innw .Hn.a..n i. ... f .. .. ...;
... . . 011 Nr t If If Mav ik I nui .... . . .. ...i, nm -41 .....
111 Unn Iirei A i .. .:- " -tnt "iiurni ihm nrrn, ,ni i w f-iiarc.
Vsso n Gds 12 v,0'Vr.IV'"i"
1 Asso Oil 68 N. . T & Mex 1
Atchison Pf 82 v T "1. 110 STATE FUNDS INCREASE
, -"fLpL- Uris . . .
naia ix.iM. ,,. .-. orfok f, v, Central 1 unds on June ,iu totaled
Harteco Pf 12 " Zlh AmeV ' n"i ' ,059,987 Against $909,1 U on Maj 31
Beth Steel 84 SmR s r 4. , iBrr,urg, Julv fi The statement ot
BStl 8 pepr tc 106 r(',0 r;.. '' the Trensurv DeDartment of the amount
Magma Copper
.viomcr i.ode
-Mines Co of America
Nevada Hills
Nevada Wondei
.- Nlplssing
1111I0 ( opper new
Rav Hercules
San Tov
Tonopah l:tenslon
United Verde
West Hnd fun
Wliite Caps
Yerlngton
Bkn R Tnn JSV
nitn Un Gas 10i
65
17
Blown Shoe
Brow n s pf
Brunswick
Butterlck Co
1 'al T'ack Co
Cal Petrol pi
I'ent Fdv
Cent Fdv pf th
Cen Leath pf 101 u
Certeed 1st pr s
Is 1
Oh'o Fuel 3,,., 44
Pacific Mall "S3
Pan Am Pet
nref nn.
Ill r . I" V
t-enria A Last r,
7 Phlla Co .
40 Pr 'steel C nf 04
;2 Kr,?.3toif. 57
v.. Wrtl I' "I
P ttH WrRt IB It
i'Ut" & V nr Tfill
of ffenei.il funds of the Cotninonwealth
of rennsj hania nbowy the total on hand
e 3 J'tlS eclii!lp or moneja aii-
t . 1 tA 4,t..l.lnn. .. J .. V.
itliTlJ ' illiivilif, IUI1U lf,l un
1
i
1
1
10
4tt
ttt
02
8
40
Ii
31
11
8
10
1A
i tt
0.1
08
1 'errn de Pas II Pierce-r f
Chandler Mot Si Ponk Ck c rv. Hi.
C M S. St P 42 4 Ptih Ser Corn 100
c M & St P pf 7 4 Pullmn P c 11034
Chi K Alton 9tt Pending 2d pf 11
II1HM 1. PI HI iicitus 1st pf 11
Julv
January
larcn
Aueust
May
iFat Washington this week an
-'V' l .
aeni
tsKencea
Aha -ili4afl vtff 1 ntnmlMoa it iliii
.j.., K'-- .- - -. ...-
r 4HIUstrles board and the steel man
's.
Inary conference was held at
1 on Wednesday n order to
iWai Industries board further
n reeardintr 'COHts and other 1 October
t ilia nenp future, hnunvr it i December
prices will be established on
ucta as steel rall wire rope
and malleable castings, which
have not been Included In the
of the products on which Gov-
Bctlon has been taken.
T1e'daie of tlia next conference haB
IwtWt set, but the call Is expected
hiTtha week. The Federal trade
n flBUrea on the production
v form, to a great extent, the
a coming Government action.
Ice-fixtng; committee felt the
r Immediate Inqulrs' among
elurers before coming to
.
ion also must be reviewed
pad administration because
Inent part these, products
way equipment and construe-
New 'York, Julv 8
The cotton market was strong todav
on general bu!ng but profit-taking
caused recessions from the top Julv
contracts were relatlvel scarce Tneie
was still considerable beailsh talk
around the ring, but the opinion ap
nenfeH tn hu o-nlnlnfT erouod that as
long os Texas continued to be without , C C S pf 80 Rep I 4 s pf I'd;
rain there will be little or no dlsposl- r it 1 4. I'ac :;; ' u np pr 17
tion to sell the market short I riuett Peab SOU iy P A rms 72'i
st USP pf 27 I
M L R. Svv pf 2
feab A L "J
Seaboard nf lSSj
Sears-Roebk 136
Sprs.Roe pfn
Sloss-Sheff G2i
o P R rts 7 "
,n,V Blc Su 100
'"', Pf 80
Studebaker pf 00
Stutz Motor 43
J Stl 1st pf e,5 -Tex
Co rets 19 it
i nirci Ale 18
There was moderate buvlng for trade I Col li Arizona 50
being made that further , Nirit.eil manv traders tliat conttaits sold I V,. A,, t nf 7q
would be held next week be-I during the last week or ten davs had ,.on, Tat' nec 27
gone into strong nanus i f. , .... gi,
The stead Ing Influence at me open- , roJU InH ,. B011
Ing was the heavy covering of Wall r.on j c vin 11 1
Street commitments, though Liverpcol I rorri Prod prlOl'
Ivought rather steadll) Crucible St pf 11
C uba Am Su 15a
Last "uba Can Sue 81
i una i u pi ni u
Veslerday a
close cipen
Hlch I on
J7 J 27 21 JX 01 27 JI J7 Ml
JI tiU Jll VII .'II l. .'.I 11 .11 ...
J4 11 21 BS 1 21 J4 IIS JI 1)0
J4 10 J4 48 J J J4 4J J4 H3
JI 1J 21 U J SJ J4 27 J4 511
.3 78 . Ill Jll 4(1 JO 23 JO Jll
J3 bJ JI 31 JI .IV JI .11 21 33
Collon Statistics
New inrk. July 0 The .tattlstlcal poal
tion of cotton ts as follows
This Week Last Week Lat Tear
Total visible
supply 3 406 778 3 508 141 3 171037
Of which
American 2 317 778 2 377 411 1812 837
T t I In .lent
July 3 11 458 474 11 110 IMS 12 037 831
uiii
7;059 387 as against $5,009 141 May JI
and J3.518 787 Januarv JI HIS
Of the total deposits of $7 050 087,
Philadelphia institutions hold $092,077
as against $847 1)43 Maj 31 and $461 857
Januarj 31 1018
The following shows the amount of
general funds mi deposit in Phila
delphia Institutions
Aldinc Trust Company $5000 Bank
of Noith Amerleu $20 000 Central
National Bank, $50 000, Continental
1'qultable Title and Trust Company,
$50 000 , Corn Uxchangp National Bank.
$194,78'! FarmeiB and Meclianlcs .Na
tional Bank. $60 662, Federal Trust
t ompaiis 500fl; Frankford Trust Com
pany, $5000 , Guarantee Trust and Safe
Deposit Compati, $25 000, logan Trust
Compan, $50,000, -National Bank nf
Germantown, $25,000, I'ennsj hauls
Compans for Insuiam e $5(1 O'm , Quaker
City National Bank $ 137,221., South
Philadelphia Bank. $10,000; Second
.National Bank, $5000, total $992,677
The amount of sinking funds of the
State on deposit June JO, 1918 totals
$1)51 110. of which Philadelphia institu
tions hold $1C10
niilladclphU institutions also hold the
following deposits
1 ...... .n ..n e.tn.l I. ....,(... .....I II.
n.. ff r f OST' Mini ave txtt jiioumiti-u lunu, tannin aim .ii-
Knrni'-V' T' Prod nf ii -hatiics .National Hank. $210,999. game
I) o. II. pi ii Tol t o xt- ': "S.. nrnlectlon nncl nronniratlnii fund FrnnU.
TS1T cts pf lot? I "n Trust Company $50 000. fund for
Tldevvtr Oil 180 payment of bounties. Third National
Transiie-Wms 40; Bank, $60,000, motor fund1 American
Twin Cltv R sou , Bank. $50,000 Bank of Commerce.
e - 1 fi. illlll uani nr vnrt it s m a .. till-
erclmnts' Bank
Company. $100
BONDS
Bethlehem Is no
Cosdeu Oil Cs 77
do Gs 77
Cudahv 5s flt
Russian Gov li-s
do fitjs 42
Southern Rallnay Is 08
Sinclair Oil 6s 71
Tcdd Shlpbldg 6s 00
0
1
I
i'i
.1
12
4
tt
1
01
10
4.1
31
.17
H.
10
in
i
4
12
40t4
1)0
00 14
81
81
07
11
10
08 14
80
09
tt
2
07
27
8tt
u
23 tt
.1c
1"4
Itt
20c
I He
10c
I Or
4tt
Itt
Jc
8
U.
4
I Or
Itt
04e
28e
iVetti York Bonds
Del S. Hud 107
D Lack fi XV 10'U
tlon to the price of these steel
fithere Is still to be decided by
rtttee. a readjustment of pit?
Considerable opposition, has
to the proposed Valley basis
-especially from southern pro-
bo would thus be unfavorably
r'roufh having; to absorb the
a, sreat pan ot meir; snip-
norih.
com surprise In the steel
that, 'announcement by th
that priority certlfi-
'trfjtau(ttwr8,yait1'
-i 2J- . -r .tj.
Det Kdlson 125
D S S . At Pf 0
Den t R Gnde 4i4
Krle 2d pf 21
Krie 1st pref 12
Klkhorn Fuel 25'4
F M & Sm p' 34
Gaston Wlgm 29
rten Chem 180
GoodrlchBFpr 98
Granhv Mln 78t.
Greene C Cnn 44
Gulf States Stl 84 Vi
lulf SI iff 7S
Homstke Mln 70
Hav Klec 101
, Hartman Cor t
vin 1. r- ne
Cotton Uu)e and Sellers
ew "iork. July 6 Jul) Parrott
Kicrdan and Schill bid. liar i.j 11 of
feted
October Rustell, Schill and Rountree Illinois Cent
bid; j-linn, uomis, uumoens, Kelffer
Schley, Ulfford. Martin and Johnston of.
fered I I H of X J pf 110
December -Riordan Rountree and Int Har Corp 674
Schill bid; Hartcorn, Parrott and New.! In Har Co pf OR
man oflered I rnter Salt Rtt
January Schley and Schill bid ; Int Tap pr sta 63
iwiciiiia, ..tnutait, , kh.i mm oieiu-'iowa cent
1 11 Jtv mv . 0s4
Vn Ry Inv nf 17H
Un Car Stl pf 103
.n.0re lt pf 48'4 ,
Union Pac nf 70tt
Un Pap Bd lRii
U R R 1st pf 100
L'Sn Pipe 15 I
US i-t le n e J,
Int Con Cor pr 38 14 U R Ind AI pf 94 1!
Int Hary N J 127 US Rlty imp 16 1
........ miip ,n , .u,uvv, am i ....
United A Steel 40 , "00, Drovers and M
In Bag & p 75 $25 000 . Franklin Trust
' n dhib: dpf 77 "uu . Norm rniiaaeipnia
Untd Fruit us" $25 000. Pennsjlvania C
High
3000 Alaska Gold cv
fis Ser A 21 4
17000 An-riench Cs 92
luoOAni For Sec 5s 07
12000 Am Tel clt 4s 80
2000 Am Wr Pap 6s 84
2000 Atch gen 4s 81
1000 B S. O 3'4s 864
1000 do lis 78
1000 do 4s 78
1000 Brook Rap Tr
5s 1913 96',
1000 Cent Leather
1st 5s 94 4
4i00 Cen Pac 1st 4s 78
1000 Ches & Ohlc 5s 05
0000 do com 5s 81
28000 Clil B X. Q
gen 4s 9 H
1000 Del Hud
lfd 4s 59 '
2000 i:rle conv 4s
Ser A 19
5000 do Set D 53'4
10000 Fr Repub 6'ijH 98
1000 Int Mer M 6s 08
208 I ol Bond 3tt 09 02
181 do 2d 4s 04 18
Low Close
surances on Lives and Granting of An
unities $25,000; Southwark National
Bank, $25,000, Third National Bank,
$25 000. Middle City Bank, $60 000; Rlt
tenhouse Trust Companj $50,000;
Wajne Junction Trust Company 125,.
00 total $445,000
US Rlty Imp
1st nref 50
U S Steel nr 111
hauser offered.
March Parrott bid,
fcied
Lowenwteln of-
RAILROAD EARNINGS
PEBE MAHQURTTB
1II1K lncrea.e
May ctoss ,. $2,43.311 $1111 (18A
Net oper tncom. , 1112.814 27.021
Five months grots. 0,841 .mi 344 una
Nut oper, income . 821-120 70,281
CANADIAN PACIFIC;
Int Nick nf 89 i
Jewel Tea 38
Jewel Tea nf 91 J
Kans Cy So . 18
Kalis C V S
& M pf 60
K C So pf . 608,
Kelly Sprlngfd 49
Kellv Hpgd pr 78
Knes CHL & V 90
I.ack Steel , S3
Laclede Clan 1 80
DIVIDENDS DECLARED
thrvrolet Motor Compan. recular quar
terly of 3 per cent, pauble August 1 to
stock of record Juh 1.1
I'oole Knalneertnir and &tarhln omnanv
' 8 S i H pf 44 f?"'?': ouarterl of U4 per cent payable
Utah Copper 81 Jul'r 12 'lock of record July
uian ec ror 13
Va I C & C 72
Va Car Ch nf 107
Vulcan Detin 7 Mashlnston, July 6 Application has
West Pac pf 64 , been filed under Section 15, with the
W & I, Tl Interstate Commerce Commission, b
XV & I, K pf 20 the Tidewater Pipe Company Ltd for
WestMd 2d nf .12 I an Increase from 12 to 20 cents a h.ir.
West Pac. 23J rel In the IIHn-Jls and Indiana oil fields,
Ask Higher Oil Carrying Rales
Westehse Mfg 42i
White Motor 4J
WlUys Over nf 82
m i. vriiirui. ini4
and from 20 to 35 centu a harrel in
New York and Pennsylvania oil fields,
fur collecting- oil at the well and trans
porting me pome jo 11a trunx line, pub
72 Un 1st 4s ill. 14
Trust Companj Sioooo do 4tt 00.22
'ompany for In- j 2000 Mag F P 5s 95
IIUI) V MKI11S SI i
1000 N V lts refts 63
5000 do adj 5s 23
811OO N Y Tel g 4s 85
7000 N Pac prior 4s 8U4
2000 do gen Js 59 V.
2000 Ore S L. ref 4s 82 tt
2000 Pacific Gas 5s 7J
1000 Pa gn ct 4s 89
10000 Pub 8 N J (1 79
1000 Reading gen 4s 84
2000SILLM & So 4s 74
4000 SL & SF ajt 6s 674
1000 St Lo S en 4s 60U
3000 Sinclair Oil 5s 91 tt
1000 So Pac cv 4s 79'4
3000 So Rwy gen 4s G2
2000 So ItyT5t I 4s 66 tt
1000 3d Ave ref 4s 6G'i
1000 do 1st 5s 66V4
14000 U S Rub 5s 794
6000 U S Stl S F 6s 99
1000 Union Pac 4b 81
6000UKofGB& I 5s 99 U
1000 do 6 Us new '19 99 H
145000 do 6s 1921, l'3
25(4
02
97
80
84 V!
80 14.
8b
78
78
id
94'.
78
95
80
'II
50 '3
19
53 '4
98
98
09.18
04.12
01.14
00.18
94
81
63
23
86
81
69
81
79
84
74tt
67
60 tt
91
79
62 !4
66
EG 14
&
f9
99
84
99 U
99
94-1,
25tt i
02
17
80
84';
81
80
78
78
90
94
78
05
81
91
59
49
63
98
98
00.18
01.10
04.14
03.22
91
8H4
63
23 1-.
85
81
69 '4
82
73
89
79
84
74.
67
60 tt
91
79
62
66
66(4
56
79
99tt
84
99 U
99 H
94a,
Fljh vvsMk Jiia4O.I3.41.0v)0 I3M.O0O I I- IS W, iWorth.O .M r ' 1'shed m tariff No. 1 of the Interstate';
7- ssji j "4V sict ' JMt'f.'. ' r- 1 M "'V '"' i rmn :yJ2At2rf;i.'tl '06mrtt Oemmliim,i.?H r1 u- i
Tutal sale;. 2. 187.000, cgmnared with i J..
Total sales. 12 010, compared with H21.1.10
veslenlavi fills neeL. XI41.Siyi. 1 ... ..!;
8243,010.
Local Bid and Asked (
BM Ask Bid Ask
mer stores JO jo 'jo 10
Hildvvln 01'4 01 02' 01
llrlll J O -J7. 2 j 1
Huff & wuan, t c on ill is .111
do pref IS -,n un 04
Klec HtoraBo 11(4 K1 51 r.2
General Asphalt 14 11 30 ,1fll,
do pref oo 70 71 7114
Kev stone Telephone 8 8'4 8 R'4
do pref M7 30 47 On
lake Sup Corp 10 10 10's lll'i
Lehigh Nav 0S 00 OS (lit,
I-Ijilgll Valle) . isti 3SV, ri8i4 .18
I'enna It It 41 44N 44 44',
Phlla Ulcctric J4 2IH 241; JIV4
Phlla Co . 2RV4 20'
do cum pref 11 11 31 30
do pref J7I? S8V4
Phlla RT1, J-,t4 J1, 21 21
llendins 02(4 01 02"i 1U'
Tonopah Belmont Jl .1 2 1
Tonopah IIInlnB 2'4 2 2'4 2
t'nlon Traction 17'i IS 17 Is
I' O I . . ir, n-,i, id 01',
II s steej ios 101 108 IOk'4
Iork Kwy . 7tj 0t4 7'4 0'4
do pref 3t .12 .11 32
1m Cramp & Sons SI 81 8J 83'j
PHILADELPHIA INACTIVE STOCKS
rollovvlng arc quotations for Inactive
slocks listed In the Philadelphia Stock
Kxchange and In which there were no
transactions today. The price given Is
the last nrevious close:
A G wa- Itt Little Schujl
Alliance Ins. 19 Mldvale
Am Rvvys pf. 68 Mlnehlll
Amer Stores. 29
Amer Strs pf. 92
Brill .1 G .... 27
Buff & S t c. 64
Buff & S t cpf 48
Cam Iron ... 40
Cam Steel . . .131
Catvvs 1st nf. 62
Catvvs 2d pf . . E4
N .1 & S
Nev Cons ..
No Pcnna . .
Pa Salt M ..
Penn Traffic.
Phlla Co
Phlle Co pf
Phlla Co c pf .
Jtvvys (jo uen
48
61
61 tt
39
19H
86
85
20V4
23
34
Con Trac N J 66tt Ton Mon ... 3,
HUB t ., 10 U S Steel pf.110
Ht &. B T pf. 17 Union Tract. 37
Key Tel pt. . 60 West Coal ... 74
Key T Co... 8 York Rwy .. 9
Lit Bros .... 25(4 York Ry pf . . 31
I.eh Val Tr.. 20 W Cramp ... 83
Leh Val Tr pf 26
BANK CLEARINGS INCREASE
Business S.i Per Cent Greater Than
Corresponding Week Lat Year
Total bank clearings throughout the
countrv' for the week ended lodav were
$0,167,194,726, against $6 678 911.108 last
week and 5 RJ7.810.402 for the same
week last year Clearings in Philadel
phia were $308,853,012, an Increase as
compared with tills week last )ear of
15 7 per cent
Details follow
lois 1017 re
New York $2 001 410,118 $ 11J 117 840 1 1
"hliano ISO HI 7111 INI R17.117 0 4
Phllada . 10S 811 01J J-.S 211.711 11 7
Boston . .80 000 181 211 301 112 21 0
Kan t ltv uii mm nun
100 ,111 878
1110 070 012
02 171 Oll'l
40 111111 nnn
'.1 113 "14
.10 711 J0H
LAKE SUPERIOR CORPORATION
AND STORAGE BATTERY SHARES
TAKE LEAD IN LOCAL TRADING
Activity of Former Attracts Attention, While the Latter
Scores Big Gain General Asphalt Common Drops.
Plan Reading Bond Issue
There was a falrlv large volume of trading on the Philadelphia Storli
change toda.v, considering the absence from the city of manv of the tistiallv
nctlxe traders, who remained awav after the Independence Day holtdav, rtrri
tie fact that there was onlj a two-hour session. The features were renewed
nctMty and strength for Lake Superior Corporation nntl nicctrlc Storagi
Battery.
The former showed mote momentum than it has for a lonsr time, nnc
made nn advance of to 19, while Storage Battery on n fall
turnoter was marked up 2 points to 54. General Asphalt common an'
preferred, which vvetc the leaders jesterday, were only moderately active
and the former lost more than 2 points and the latter was slightly lower. Be
ore the close, however, the ..ommon gained a small part of Us decline.
ilrmn 1"" " speclaI news forthcoming to account for the timtsuaJ
noun Storage Batten, and the opinion prevailed that the earlv an
evni ii .?" , incrca-'ieu' earnings, due to latge war orders, would prnbnblj
explain the demand for that Issue Increased earnings were also thought t
Tiff fr ,hG acthlt and "irenh f Superior
Although officials disclaim all knowledge of any negotiations looking to
ine control or acquisition of General Asphalt Company by other Interests
ni?uUm0rS Per,flSt ln brokcraSe circles. One report, was that holdets of As
pnait common were to be offered one share of Itoval Dutch for even 2j
snares of Asphalt common, and n second story was that the lommnn stocs
would he taken over on 1 basis of $40 a share
Repot ts persist In brokerage houses that something Is brew ing.' but Ir
official circles it Is stated that Itoval Dutch has made no proposition to th.
GeneioJ Asphalt Companv.
Outside of the leaders business was small and changes mixed Amer.
lean Gas was unchanged, Ameilcan Milling- lost tt. Philadelphia Hlccttlc ad
anced a trine but closed unchanged, United Gas Improvement ) lelded
fraction, Philadelphia Traction was unchanged and Union Traction dropped 3
little. Lehigh Navigation was marked up tt.
Railroads did little, but Pennsjlvania declined fractionall and Readini
lost a little more
Steel common, on moderate tiansactlons, was higher
Announcement that the Reading Company planned to sell $4,600,00
equipment trust 4tts, series V, upon approval of tho capital Issues" commit,
tee, to whom the matter had been referred, was the most Interesting develop,
ment n the local bond market. It was said that all the equipment under thl
issue had been received.
Liberty Loan bonds were dull and changes in their prices were irregular,
...
Officials of railroads operating eastward from Chicago and St. Louis re
port traffic as heaiy as at anytime during recent weeks, with thp movement
of coal westward increasing and with an enotmous tonnage of war materia,
moving eastwatd In other wotds, tne situation hns not changed materiallj
of late, nor is It expected to Business continues in a fairlj healthv state, in
the industrial sections although a shortage of labot Is repotted nearlv eerj '
where. Officials of southern tallroads leport some Improvement in the gen
eral tonnage situation with coal, lumber and merchandise running a llttll
heavier. Loadings repicsent a gain of about 12 per cent over the same perio
of last j ear.
N. Y. BANK STATEMENT
St I ouls
Han rran
Pittsburgh
Detroit
Baltimore
N Orleans
11 cities
.1 davs $4 4H4 017 100 (I 243 211 600 3 S
Other cities
.1 dajs 010 408 741 002 484 1R0 8 0
111 017.7W J1 1
00 021 010 0 0
88 JOB 001 11 4
IS IIRJ,711 ri7 0 1
4li -'till 1.-114 J
4 1 815 101 J8 1
11.310 .11117 1
Decrease in Average and Actual Loans.
Tirfie Deposits Increase
hew "iork, July 6 The New York
bank statement this wecK snows de
crease In ditugc ami actual loans and
reserves. Time deposits Increase in both
cases
Details follow.
Averagre Increase
1 oans 1 3R1 430 000 S.11.400 000
Net demand de
posits 13 047 077 000 5R 251 000
Net time deposits 100 070 000 J ills non
1 irculatlon an 017 nnn 30.000
Cash In vaults J'10 1132 000 1 141 000
Iteserve In mem
ber banks
Iteserve In stale
banks and trust
c ompinlea
Iteserve In Stale
hanks and trust
compan deposl
lories 7 070 nnn 008 000
ABsreBate reserve ".40 214 000 S4 14R 000
Iteserve required 1R1 102,700 R 110 000
Surplus 01 001 Jill 7fl 1SO.O0O
tspecle Included $00 334 IHI0
21 521 000 '81 008 000
til 741 000 ; 782 000
tt nlted btates deposits deducted,
413 000
I43S
Total for
all cities
1 dajs $1
All titles
1 dn 1
011 110 307 $4 841 070 031-
102 178 411 10
ACTL M
$4 378 08S 000 'HSGC 000
Total for
all cities
for week $0 117 401 720 $1 R17 R10 402 .1 1
MONEY-LENDING RATES
rillt.ADRLrillA Call, 6 per cent;
time, 66 per cent. Commercial pa
per, three to six months, 66 per cent:
six months, 6 per cent.
Loins
Net demand de
posits t3 001 800 00(1 '08 210.000
Vet time depoblts 101.1J7 00(1 3 190 000
I Irculatlon . 10 ons lion '21 000
ash In vaults 1 101 038 0IIU 1,oJ5 000
iceserve in mem
ber banks
Iteserve ln State
4 3 Innks and trust
I (nmpanies .
Ill 41711 1 Iieaerve In State
utnn- nnu III1I.L
company deposi
tories Aggregate reserve
Reserve required
surplus
tspecle Included
TlTnlteH .States
deposits deducted 380 310 000
Llecrease
OUTSIDK BANK STATEMBN1
I 0REIGN EXCHANGE
New Iork, .lul 6 The foreign ex
change market today was dull to the
point where there was almost a com
plete cessation of business even In bpan
Ish exchange and sterling
Quotations were.
Demand steillng 4 75,",, cables 4 76 A
Slxtj-day bills, nominally, 4 73, nlneti
day bills 4 71.
France rabies 5 69'. checks 5 71
Lire cables 8 80. checks 8 81
Swiss cables 3 9G, checks 3 99 14
Guilder cables 50tt, checks 51
Pesetas cables 27 60, checks 27 30
Stockholm cables 36 40. checks 35
Uirlstlanla cables 31.60. checkB 31 20
Copenhagen cables 31.20. checks 30 80
Ruble notes 14i3014 40 for the 500s:
14 40S 14 50 for the 100s
BANK CLEARINGS
Bank clearfmra todav comnared with cor
responding da last two ) ears.
1018 1017 1010
rhlla $18.411021 Jll 77H 107 $4K J47 181
Boston 81.745 310 40 847,600 38.688 801
LIVESTOCK QUOTATIONS
Oilman, Jul 0 HOGS Receipts, 0300
head, left over. 3774 head. Market ,1c to
10c higher than sesterdav Bulk till .11
17 10. butchers' heav $10 8117 10. park.
Ing heavy. 1rt lOii1 1H 45. light , $10 73
17 1.1 pigs, $106 10 33, rough, $13 60610,
top. $17 11
CATTLE Receipts. BOO head Bteally
hllECP Receipts 1000 head Compared
with week ago, lamba and light earltngs
Jlc to r.Oc lower Sheep strong to higher
and in Improved demand Quotations un
changed from Friday
Kun.is (ll. July 6 CATTLE Receipts
30(1(1 head Nominal
1IOUH Receipts, 1300 head Steady 5c
higher
SHEEP Receipts 5000 head
South Omaha, July 0 HOGS Receipts
7000 head Market 10c to 18c higher.
CATTLE Receipts 1011 head Steady.
8I1BEP Receipts. I'.'ilO head Steady.
Pittsburgh, July 0 HOQS Receipts 1500
head Active Heavies. I10 7S&17; heavy
workers $17 73C17 81. light jorkers, $1775
W17S5. pigs $17 7.117 MS
SHEEP AND LAMBS Receipt. 100 hesd
Steady Top sheep 112 75, top lambs $1,1
CALVES Receipts, loo head bteady.
Top. $18.
Kaat Buffalo. N. Y.. July 6 CATTLE
Receipts 2.10 head Easier,
CALVES Receipts. 200 head Easier.
l7fTlR60
HOGS Receipts 1000 hesd Strong
Heavy $17 0017 75. mixed $17 7.1 orkers.
117 7.1fll7 RO. a few $17 00: light vnrkers
and pigs. $17 7.1W17.85, roughs. $1,1 25
1110 stags 1012
SHEEP AND I.AMDS Receipts light
Steady and unchanged.
Refined Sugar Unchanged
.New Yurk, July 6. Refined sugars are
unchanged, with local refiners quoting;
hub sranuianeo. -at 1,011c' Miaws are un
43 803 000 '133 922,000
Jll 941 000 2 363 000
8 108 000 7t2O0O
604,140 0110 MIR 007,000
477,012,700 13 IIS 100
211 491.240 143,478 410
01 360,000
STATE IUNKS
I oanb Investments $164 322 400
Oold . 14.110 400
Curreno bank
notes . 24 106 000
Deposits Federal
Reserve Hank of
New York . 41 021,700
Deposits M2 nil 61111
Reserve on deposit 101270 100
Increase
$2171. Ron
014 000
216 700
J 412 0(10
U 178 400
1 411,100
Percentage of reserve 2J 0. decrease 1 1
TRLTST COMPANIUb
Invest
bank
Loans
ments
Gold
1 urrencj
notes
Deposits Federal
Reserve Rank of
Nen York
Deposits
Reserve on deposit
$1 SOI 011. 400
ll.liil nun
17 173 200
101 014.800
J 1118 OKI 800
300,1711 000
$4 110 100
00 300
IR 0'lR 200
0 1J7 SOU
20 3R0 RIIO
Percentage of reserve, 10 5, decreate, 1 J
STATE RANKS AND TRUST COMPANIES
NOT REPORTING TO CLEARIM3 HOUSE
Loans investments
Gold
c urrency bank
notes .
Deposits Federal
Reserve Rank of
New York
Total deposits .
Net deposits
Reserve cm deposit
Percentage ot reserve
Decrease.
$722 123 800
12,103 800
13 70 J .100
R8 470 ,100
S00 324 200
087,017,11110
1.11 Oil. Kill
$.1 H2i 700
4RJ 100
1J1 300
SCI 2110
1 001 20n
7 2J'l 20H
UJJ llin
21 1. decrease llj
LOCAL MINING STOCKS
JON'OPAH STOCKS
Jim Butler
MacNamara
Midway
Mlzpah Ext
Montana .
.North Star
RescUP Eula
West End .
111,1
hi
.IS
(II
111
111
.07
.IIS
04
GOLDFIELD STOCKS
01
Atlanta
Blue Bull
nnoth
Dlamf B B
Dals .. .
Ivewanas
Oro
Sind Ken ..
Sliver Pick
MISCELLANEOUS
Arizona I'nlted .
Nevada 1 under .
Tecopa Mining
01
ill
01
ni
(IJ
01
lit
0J
0
1
0
.Id
oi
111
(It
02
"-'
81
02
U3
.20
87
19
NEW YORK BUTTER AND EGCh
..New ork, Jul 0 BUTTER Roielnls
17 (ilo tubs Market tone stJidv nn,?.:
tlons unchanBed
Hills- Receipts 12 114 cases
tone llrm Quotations unchanged
.Market
CHICAGO BUTTER AND EGGS
llSnT1'.?,'?,' JUl. "h "UTTER Receipts.
11 8117 tubs Unchanged
LOOM Receipts 11728 rae Unchanged
Extra bv Union Oil of California
New A ork, Julv 6, Union Oil of Call,
fornla declared an extra dividend of $1
In addition to the regular quarteily div
idend of $1 60, both pa able Julv 20 to
stork of record Jul 10
STATEMENT OF THE
Drovers and
Merchants Bank
At the Close of Business June 29, 1018
RESOURCES
Cash on Hand and in
Bank ?136.n78.64
Stocks and Bonds 111,888 25
Loans and Discounts.... 566,384.28
Furniture and Fixtures. 3,262.45
U. S. Certificates of
Indebtedness 55,000.00
$873,513.62'
LIABILITIES
Capital Stock ?100,000.00
Surplus Fund 15,000.00
Undivided Profits 6,796.26
Deposits 751,717.36
$873,513.62
ERNEST R. PATTON.
Cashier.
CONDENSED STATEMENT
FIDELITY TRUST COMPANY
PHILADELPHIA
at close of business June 29, 1918
RESOURCES
Cash in Office
Cash in Banks '
Time and Call Loans
5768.251.29
4,216,338.77
iCr-.r" 4b.bl2,684.94
tr'S'JS c..Y. : 4,799,800.00
Bonds and Stocks
Real Estate ....
Accrued Interest
Miscellaneous . .
LIABILITIES
Tapi'al 'ock
Surplus Fund
Undivided Profits
Current Income
Bills Paable Federal Reserve Bank...
Miscellaneous
Deposits
Amount of Funds Held In Trust. ..
WM.P.GEST,
2.J.023.233.3S
870,387.63
268.429.84
336,681.72
$52,895,807.56
", . f'lini Vm MM "Marc Willi ., ...-. y , rw-- .... 1Vf'"' I rASl !.
2 I "jil ''' v.eek, lI,12,wo changed at I QMe far decree eotifrtf- J, - t fHHl J .,
$.".000.000.00
16,000,000.00
837.465.00
216,560.21
2,100,000.00
617,472.33
:.. 28,094,310.02
$52,895,807.56
...,..,. $225,752,495.96
GEO. H. KYD,
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