?vf
t v ? r
Sfi.itffctti. . ''N
fi ..,1 ' '"-W. j,. i?'
SV?.KJH
v;
ff
.!
. ' r v - --t vnr' TO-V
?. - - l .'4 ; " ' v . .jf
p-ijw j-rir .
J- ,. , ' 4
e
EVENING PUBLIC LliJDaERPmLADELPlilrEDESDAY.JTOY ,10,;: 1018' '
. II I
a D .
'NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES,
? Statement
.vrar
iENTRAL
rust and Savings
If j-. ' iinttinnnv
$ June 29, 1918
and Re-
s Sl.245.537.07
investments and
Wns 7.563.980.09
fcSF-
&
!'CUal
$8,809,517.16
$750,000.00
Iftfjrplus 525,000.00
JEh divided
Profits 75,491.52
jlfcposits 7,367,679.66
,JMts. jLiaoiiuies.. ui.dio.vo
;Tjrast Funds.
$8,809,517.16
.$3,585,283.70 I
?-
July Offerings
JY")UR July list of bonds and
i-Jj short-term notes con
stains fifty-nine offerings of
s securities which are attrac
H tive at present prices.
It also cives condensed
& descriptions of twelve is
sues yielding from 4 Java
to 6.47.
, This list should be of in
terest to you.
Bend or PE-tTO
TheNationalGty
Company
Correspondent Offices in to Cities
Hu!ideljt; H21 Chejtnot St.
Telephone 55 Locust
XMsb-SAorf Term Xotei-Acerptancn
ESu I
k& .
STRENGTH IS SHOWN BY NEW
YORK STOCK MARKET, ALTHOUGH
UNCERTAINTY IS IN EVIDENCE
Political and Military News From Abroad and Expecta
tions of Easier Money Help Prices Mexican
Petroleum Prominent
New York, July 10.
The stock ONchnnRe movements in the early deallngi today Indicated
the same professional orisln ns In the two previous tlnjs and doubtless
reflected covering of short contract. At the same time the tone was
firmer In respone to the extremely favorable Government crop report,
which forecasts ample supplies now so vital to the country and Its allies.
The encouraslnB political and military news from abroad and epecta
tlon of easier money also caused strength. Only a tew stocks showed losses
at the outset, and they were confined to small fractions, and there soon
developed a covering movement which resulted In advances of from small
fractions to a point.
The maximum was recorded In Mexican Petroleum, United States
Slcel and one or two others, while American Sumatra Rained about 2
points over esteida's final.
There appeared to be a model ate degree of support In the copper
shares.
Heading was one of the early weak exceptions, opening at a loss of
B4, most of which was made up later. Amcilcin Steel Foundry alo
started lower but made up a fractional decline
The market continued to show some indecision, which was partly duo
to the latest discussion In Congress uf new tax provisions of a wholesale
character and continued unccrtalntj relative to the nearness of the ex
pected great German drive on the western front.
United States Steel sold off touching 106TS, but latei advanced, and
American Sumatra, which had risen to 13G3i. dropped J points.
JULY CONTRACTS LEAD ' BUSINESS'mODERATE"
THE COTTON MARKET IN THE CORN MARKET
r
New York Stocks
cloe
Advance Itumely. .
Adv rtumely pf. . .
Jvta'lca Gold Mines
Alaska Juneau....
American Chem...
Am Hesf Sugar...
Am Can
Am Can pf
Am Car . Found,
Am International
m Ice ,,.
Amer leo Sec pf . ,
Am Hide & Leath.
Am H & L, pf ....
Am Linseed 41
Am Locomotive... 07)i
Am Malting 1st pf, 40
Am Smelt & lief . . 7U
lllsh
1?' KK
40H
;
Ui
ni
70.' i
4S
03'
85h
St
:tovj
60 .
17JJ
7'i
u
2'i
W(
ASH
!'
30
17lf
07 07
79
Low
17'j
II
H'j
21.
00
IW
Uv
S5H
Mi
30
11 So
n m
17H
41
J'f
00'i
M8H
'.I Hi
K'
rm
30
New York Bonds
17'i 17U
07
79
Am Sum Tob 134U 130'f lM'i 13'f
0
111
Oh'.
100
Considerable Buvinc of Later Active Months Move Unwaril i chile Copper
I . - .-, Chlno Copper
luontlis on rrospecls 01
int qicci rouna. O'Jj
Am Sugar Ref.... 112
Am Tel & Tel Oil
Am Tobacco 100
Amor Tob pf new. 05
Am Woolen f,S
Am Zinc L & S.. 1U$
Anaconda Cop,.,. (Is
Atch Top & S V.. M
Atch Top & SF pf, t2Ji
Atlan Coast Line. U2
Atl Gulf & W L.lOlJi
llaldwln Loco ... Ol'i
Baltimore & Ohio. 547,
Bait & Ohio prof,. 50
Ueth hteeL class 5. t2'
Htth Steel S pf.lOo'i 101
Urkljn ltap Tran. iS1,
llutte Cop S. Zinc. ll!i
Dutto & Superior. 20
Cul l'etroleum . . HPf
Cal l'etroleum pf. 00
Canrcll in l'Hcllic. 147Jj
Cent Leather Co.. 70Jj
Cerio lie I'asco C. 31
Chandler Motor. . 82
Chcsa & Ohio . .
Chi Greit West .
Chi (it West pf .
Chi M &. St Paul .
Chi M X. Sst P Pf.
fill It I & Paclllc.
CitUl'ilic 1)1.
2 11 I & P G p c pf .
UO'i
HI
06' i
100
ro
111
IH)4
100
5S'a 5S!f 5S!i
OS
is45
OS
815
08
M5i
92 02) i
64JJ MM
50 50
M'' 81
101 10b
J'i 387,
12'a 12' j
20J, 29M
Bullish Weather Report
After Easy Start Price of
Oats Rallies
Barnett Oil&Gas
BOVOT
SOLD
1Uoti:d
Morton U. Alexander
Phila. Stock Exchange Bldg.
VI William St.. N. V. Cltr
4Mfllml
Til t CHESTNUT STS., S. fc. J-or.
jtimuera oc i'niiAoeipnia ana .ovr
xorK ocu juxcnansfi.
KfpifBEMFs isrnrn tovir.NV
jf4 7 427Uulniit Mrfrt
t rniiaufipnn. jiii iiii"
EThe Dlrpclnm have thlH aiy dcclirwl i
j aaml-aAnujl Dltldrtiil of TEN I'll: CI.NT.
. piyabla 15th Infttnnt.
i .Checka will b mailed
I AHTIIUK II
W rn,. -
CI.EVrXOEK
hpcretarr
CINDERS FOR SALE
Delivered to All Points Along
Our Lines.
3 x For Deliveries, Prices, Etc
Phone or Write
Philadelphia Rapid
Transit Company
ELECTRICAL DEPARTMENT
820 Dauphin Street
' I.F.O I, AI1 r.RTIPAIKNT:
(t)TTOv nnr.T 1: VTi1r.1t rnviiiTioNs
Nf ork. Jiilr 10 Tim fnlloulnc tem
IMTHturri re rriordnl In the rotton licit
till morning:
ItnnMllle. Ii0; llrrldlan nnd Milmine
ton, 6t: Vluntcomer. hattiiiiooKu, Nawli-villi-
and Vllaiiln C1O1 Mikvhure. ".K;
I'ortKniontli. 1 Itllr Itork. IrmnhU, Mm on
arid Siominiili, ;0, shrrvrixirl .ind Vil
kikIii. til Thoma-illli- and t harlc-loii. 71:
nn ntfinio. Oklahomu. IVnstrnli nml
.lurkhontlllr. 7B: t urpim lirlsti. Np tlr
lraii. "Si Allhrnr and Tumpi, HO: (,ul
vrtin. H.!.
Thrre ai .(ri In'h of nrrrlpltitlon nt
Vlrkvhiirir. .01 at Thomasi lllr and .00 at
JnrkM)nllle. 1
ft ork, .Tulj 10
.luli contracts again led the market
in point of strenKth this moniltiK, on
.v further demand from shorts, and '
was IS points hlRher at the start, the
entire opening advance belnc 4 to 15
points.
There was considerable buving of
later months on the vveathei of the
Southwest the hlRh Texas tempeiatures
and piospects for a bullish wcelilv re-
iPoit toda Cables were .1 little better
than due
Later the market made strong ad
vances to adverse weather and ciop
news, and was about 25 points net
higher on new crop positions and 21
I points up on .Tul- which was belnsc
taken by Llveinonl Interests
New crop deliveries lost all but three
or four points of their e.irl advan-e af-
Jer the publication of the weeklv vv either
report, while Julj broko .1 point under
last night's closing figures
Trading then became tpilet w ith the
I market ruling steadv An (astern mill
man Is quoted to the effect that mills
lean pay thirtv cents for wintei ship-
ments of 1 1-lfi to 1 Inch cotton and
I make a good pioflt on the cloth at the
I Government prices
1 The receipts at the ports for the day
I are estimated at C000 bales compared
with 2721 bales a week ago, 7513 bjles
.1 jcar ago, and SOCS bales in 1910
orti nw.T i:Tiir.ii rnitr.r.sT
tliluBo. Jul, 10 llllmils 1'nlr to
ilElit and Thurtda,: not miirli ihunce In
teiniifritiire.
Ti.l!i"i""rl "",l '"" Pair tonlcht nnd
llnir-ilM: Koinrulnt warmer Tluirdi
UlMonsIn 1 1 nlr tonlcht nml Tliursdn,.
Vllnnrsutil I ulr tjnlsht mid TlinrndttJ I
Marnier f.t
North and south llnkot , and Nchrnskn
Kilr and warmer tonleht ami 1hiiro
.l.il,i".''1'7rl "."'"I , this , nfternoon nnd
tonlKUt. Tllliroilii, fulr and nnrnier.
.! ui"?",7".' "l,r,"lKlii nml Ihursdas:
Tl.,.V0l",.l"B,',,r,,, ,,,0"',, lonlEht nnd
nlkht """"r ' x,r'nlc eist to-
Columbi.l G &
Corn Pi oil lief. ...
Crucible Steel ....
Cub.i Cane hugar.
Cuba Cane Sug pf
Den & Illo Gr pf. .
Dome .Mines . . . .
Distllleis Secur...
r.lec Storage Hat
i:riu
lrio 1st pref . . . .
i:i lo 2d picf . ..
tjjston Wm .1 W.
Gcnci.ll Cigar ...
eneral Motois
57
8
2i'i
2H
75' i
2 i't
7584
0I5S
. . 1U3i
,.. 10Ji
i:. 32' j
... 12
,.. (18
31 J,
M'i
31'J
4j
77
23'C
7.V,
0J'
lit
42'j
75' t
21',
75'.
OJ'i
43t4
.i'P,
42',
08' t
317.
Sl!i
40',
32 i
1HJ
08'4
31,'
Sl!i
02' i
517i
50
8JH
100
Wi
12)2
20,.
315!
41
77
2.1'
75s,
0J7,
"ni'.
33',
417,
08'i
31 J i
81H
7!,'
flu
15',
32'4
2.1
2'1',
40
l5'j 15'
15'.
3)
2!
20
15' i
327;
Icaterday h 11 lo 12 1 10
close Open u in 111 i m
Julv 27 !I2 L" nil JH 'J7 !l
llclol.er . J4 lis -,; LIPS 1M 7S .!(
December J4 27 J4 tn J4 "il 21 1J J4 '.'J
Janunrj 24 14 Jl .'- 114 3S L'4 L't 21 111
March J4 11 J4 Jl . .
May . 21 M ...
hiptember J5 17
UNFILLED TONNAGE
OF U. S. STEEL JUMPS
KJ 1XS5 IHT.VXK or AUM:s Kllll.r.l. 1IK-Lvwt-'r
ceaaetl Letters of administration on
HCP-L thj Mfwivj. ..rntM having h..n irrunfel In thn
K " unaaraigaru. all I,ereuiis inurmra 10 uie hki
Ky. alttt. are requested to make payment, nnd
is2 wtlhout delay, to
8f !, , t GEOMOE J. KIMLEY.
IrS Or to hi attornev.
1 8. W. cor. 4th nnd Green ats
PtHKCTORV OF Af lU'NTVNT
1 -T' Cortlfled Vnhlle Aeeimnlnnta
' k, r tAWRENCE E. BROWN- L CO.
1MB REAL ESTATE TRUST IJLDO.
JKVESTIOATB ADJUST PARTNEItSHIP
COBPORATION niSPUTKr) ACpOUNTS
Orders on Dooks of Hip Corporation
on June 29 Are 581,243 Tons More
Than on Ma) 31
New Aork, July 10 In Its monthly
statement. Issued today, the Cnlted
States Steel Corporation reported un
filled orders on Its books as of June
29 last of 8,918, 8CG tons, compared with
8,337,623 tons on May 31 last, an In
crease of 581,243 tons, nnd with 11,
383.287 tons on June 30, 1917
Monthly comparisons of unfilled tnn
' nago since January 31, 1913, follow.
Month of Ton, Month of Ton
, lllengo, July 10.
Julv coin opened firm this morning
and August and September also moved
upwaid .iftir .111 eafici start The trade
placed a bearish interpretation on the
Government lrport but the local crowd
bought Business as model ate The re
ceipts here toda) weio 172 cars
July opened at $1 53' !J$1 33ft,
against $1.53 nt the end vesrtcrday
aim moved up to 1 51. August started
at Jl 55,ft$l 54,,, against 51.55'i
.veterda'u pilce. and rose to $1 3C. Sep
tember w.ib quoted at $1 55' (f? $1 55.-Sl
at the outset, against 51.55 '8 nt the
close esleida and advanced to $1.5G'4.
Offerings of oats were scattered, .md
price- rallied after an easier start There
was scattered buj lag bj commission
houses Little was done in July, and
trading in other months was not active.
i ne J-s-s or 0 J, 000,000 bushels of oats
shown In the Government crop report, as
compared with the previous month re-mo-ves
the possibility of n largei crop
man Iim j(,.i Some brokers consid
ered t'u ttaliment bearish, but many
believed It to be a stand-off
The receipts here toda wcr 1C1 cars
Jul opened at 711(u74'c, against
Ji 1 Ws e , 5c""erda. -na later Pc0plp. Gas Chi
?-1,at '',"C. -',VUSVb.t,sta!l,'U at ' I "c Marquette .
.. . -., ..,.. 101 .,. at ,iif ciiu jcsieroay
and advanced to 71 !,c hentembei'
ropened at 70c to C0c, against 70Vc
jcsterda s last price, and rose to 70'2c
The receipts of wheat at Minneapolis
and Duluth toda were 47 cars, against
70 cars last ear, at Winnipeg Jo cars,
against 349 cais, and at Chicago 3 cars
compared with J J cars
l.tadlns fulurts runted as follows
11 .1)
u in
2'J
157
01
00' i
General Motors pf. 82
dt .Noithein pf .. '.HI', 01
Gt V C for O P 32. .Wi,
Haskell S. Barker, li'i H't
Intet Agilcultural. 10. ...
Inter Agiiui! pf HI)1 CO' J
Inspiration Cop .. 55'. 5o m'i
Inter Mer Marine. 27-, 2S 2i'i
Intel Mer Mar pf 102', VUU 102
Inter Nickel (. 307, ;jj)7i
Inter Papei .. 35 SO1-. 30
Kan C P S JL SI pi .VI - ;
Kennecolt Cop'er . ,13'. 33' ' '
Lacka Steel 81' 1 8P bl'i
LehlgU Valley ... 50
Lee Hub Tire. . . 10
Loose-W Biscuit . . 25
Louis & Nash . .110',
Macka Co pf.... 01
Maxwell Motors . 30 30
Maxwell M 1st pf. 50 55
Maxwell Mo 2d pf 21 'i 22
Mexican Petrol . . ltd'i 1014
Miami Copper .. 2'i' 20! s
Midvale Steel ... 51 53'
Mo Kan it Texas. 5', 5'j
Mo Pacific 23, 2t,
Mo Faclflc pf 5'i'a 50
Natl Con i. Cable 18'. 10'J
Xatl i:nam . S.. 52'...
National Lead .. 50', 50'.'
Ncv Con Copper. 20', 21',
N Y Central 72, 72'
N Y N H H... 3S'.' 38'.
V Y O & W 214 21s.
Norf West . .
Norf & West pf.
Northern Pacific
Ohio Cities Gas.
Ontario Mining..
Pacific Mall . .
Penna It It.
15! J
31
21
2
157
"1
43! 2
00',
0,4
28
103
30' J
30' i
81'.
,.. . High Low 2 p m.
JOOOAnier Smlt Bs 87 87 87
.:252AmFor K'C Bs 97H 7 !7U
11000 Am Tel tit 4s 80 801 80tt
1222 Amer Tcl BaA- 7 V4 87 k 87 4
1000 Amer Thrd 4s 9!) 9 99
2000 Amer W P Bs 85 85 85
81000 Anglo Krch Bs 92H 92U 92V1
2000 Atchison ndj 4s 74- 74y. 7474
2000 docv 4s 1960 8B 85 85
1222 tVtl c JAno 4 78H 78i 78 M
4000 U & O cv 4 Us 79 71 79
3000 do Swn 3Hb 82', 824 82
9000 Hr n T Bh '18 95i 95. 954
13000 Cal O & HI 6s 904 90 90-
2000 Cen Ia 5s .. 93 Vi 93 , 93 4
6000 C 11 II N J 5s 100 100 100
.2222 & V 4 Vis 75 V4 75 M 75Vt
10000 docv 6s.... 8m 81 81
12J22r.n &Q n 4 94?i 94U 94(;
auuu .ll llll C. ftl X'
rfd 44r 67,
5000 do cv Bs ... 7fiH4
9000 CItl &P rfd 4s r,7'A
1000 do Bs 7914
1000 Col Indus Bs . 75
3000 Col & So 4s.. 85
19000 Cy of Paris 6s 82
4000 Con Gbr cv 6s 99H
GOOO Do of Can '31 91
16000 Crlecv 4s SerA 49
1000 do 4s Ser D 53 A
6000i:rlc gen 4s.. 54
12000 Gov of French
Hep 5V4s ... 98
6000 H & M rfd Bs 69 14
5000 Iowa Cent 4s. 44 'b
15000 111 Cent 4s '52 87H
5000 Int Met 4h. 51 y.
16000 Int It T ref Bs 81 "
600 Int M Mar Gs 97
2000 Jap n GS 4Vs 80V4
2000 KC PtS&M 6s. 1003
1000 K & Ohio 0S..101U
1000 Lig & M T 5s 91
9000 L . Nnsh 4s. 83H
1131000 Mb Iliind 3V-n 00 04
(174000 ll,. 4a ...7. 04.10
270110 do Int cv 4s 04.00
448000 ,l 4-4m ... 00.04
1000 Lvons 6s .... 91
2000Mldvalo Gs ... 88
1000 M K & T 4s. 61 it
3600QM Pne gen 4s 58
1000 NY Air Ilk Gs 98
8000 N Y C II Gs.. 94 9,
6000 NYC & II 4s. 77 'A
11000 do 4HM ... 81'.
9000 X Y Cltly 4".s
19G3 101j
fonn ,i0 10G5 . .101V3
17000 NY T gn 4Hs 86
2000 Peio Marq 5s. 80
1000 1'ijnna 4s 1948 85
3000 Pa gn ct 4',2s 883,
2000 Heading gn 4s 83'
10000 Itep Cuba 5s
1904 98i4
2000 Sinclair Oil 7 01U
3000 St L I M SL S
Glf 4 ... . 72
GOOO St L & S F nit
w 1 G8
30000 do In w I .. 49
140000 5 L cl S P Ser
Awl .. .. GOs
1000 South Pac 5s. 91
2000 South Pac ret
f p 5s 79
2000 Sou Pac ltd 4s 78
1000 South llwy gn
4s G2'B
8000 Texas Co Gs . 82
15000 Thd Av ndj 6s 35
7000 U S Itubber 5s 79 'i
7000 tl S Stl S F 5s 98 "Si
1000 Pnion' Pac 4s 84
24000 V K of G B &
I 5k 99
1000 UKoIOUtl
54s 1919 .. 97
28000 V Kof O U & I
5'is new '19 99A
83000 U Kof GF.&I
5',js 1921 .. 95
1000 Vu. Car Chm Gs 9G
97
80
87 k
9T
86
92
K
78i
70
824
115,
90J,
93 H
100
75
81
94 U
67',
70
67 i
79
75
85
82
90
91
49
53
54
98
59
44A
87 H
51
80
974
80
100
101
1
83
00.60
04.02
04
0,1.00
91
87
61 U
58
98
94
77
81 '4
101
101
80
80',,
85
88
83
981,
91';.
71
1,8
49
91
67
76
G7
79
75
85
82"!
09
91
49
63
54
98
69
44a
87
51
81
97
80
100
101
91
83
90.04
04.04
04.00
110.04
91
88
Gl
68
98
04
77
81
101
101
8fi
80
85
88s
83
98
91
68
49
59"
91
Philadelphia Stocks
lllsh
24oniec Stor. fl.1
ion Asp pf. 70
770 Lk Sup c toy.
43 Leh Nav. 08
lOPenn II It 44
7Phllai:iec 24
100 Heading . 02 Vi
20 Ton Mln S
80 U G I .. n
440 U S Steel. 107'.
mV4
70
10VA
08 14
44
24M,
DS
AK
107
IIONDS
High Low
5 PM,
1
70
my
44
24V4
0JV
.
10J,fc
2 r.M.
Net
chpe.
1
V
Vi
Net
chKe,
Hi 000 Leh Val
gen Ihcp 1i 73 75 ..
430 Llh Bonds
3H... 09.20 00.20 99 20 .30
1800 do 1st 48 03.70 0.160 03.00 .10
7100 (lo 2d 4301.08 08.70 04.08 .08
13430 do 4 'if!. 00 03.70 00 .30
2500 Phlla Llec
1st 6s 04 03 03
PHILADELPHIA INACTIVE STOCKS
Following are quotations for Inactive
stocks listed In tho Philadelphia Stock
Exchange, nnd In whlcn there were no
transactions today. Tho price given Is
the last previous colse:
A O war .... 1 Lit Bros .... 25
,ii!Hiice ins.. Jtfft 4en vai ir.. zu
Am Rwys pf. 68
Amer Stores. 29
Amer Strs pf. 92
Baldwin pf,.100
Brill J. G ... 27
Hun & S t 0. 64
Buff & S tc pf. 48
Cam Steel.... 131
Catws 1st pf. 52
Catws 2d pfN 64
Leh Val Tr pf 26
i.ittie scnuyi. 48
N J & S
No Tenna .
Pa Salt M..
Penn Traffic
Phlla Co ..
1'hila Co c pf. 34
Ph & West... 6
Hvvys Co Gen. 2
39
86
85
2?i
29 U
Con Trao N J 66 U S Steel pf.110
iu war ir a su 8
West Coal ... 74
Phlla Tract.. 68
Un Co of N J. 185
lit & B T
Ht II & T nf. 17
Ins Co N A.. 27
Key Tel pf . . 60
Key T Co .. 8
iYeiu York Curb
EXTREME DULLNESS PREVAILS
IN TRADING ON LOCAL 'CHANGE
DURING EARLY PART OF SESSION
Business Is Confined to Half a Dozen Stocks in the
First Hour Storage Battery and Lake Supe
rior Advance and Lead Market
There, was a dull opening on tho Philadelphia Stock Exchange today, .nnd
during the first half of the day's session business was tho smallest It has
been for a long ftmc, only six Issues appearing on the tape by the end of tho
first hour.
Electric Storage Battery continued to attract attention by Us continued
activity and strength, advancing U to yesterday's high of 55ji, which was
also the top price for this year, and Lake Superior Corporation picked up
the samo amount, selling nt 19,
On trifling transactions Philadelphia Electric was unchanged, United
Gas Improvement was off a fraction and Tonopah Mining gained a little to
2?..
Steel common did not do much, but, following tho trend In New York, It
was higher.
Liberty Loan 4s led bond trading and that Issue was slightly above
yesterday's close price, while the second 4s and first 3s were lower. Phila
delphia Electric first Cs came out unchanged.
I
INGOT OUTPUT SHRINKS
INDUSTHIALS
nid
Aetna Explosives.... 12
Am Brit Mfg 3
Am Marconi SV6
Yest. close
Ask (sale)
G2'-
82
35
79
98'-
84
99
977a
00
04 H
00
62 14
82
35
79
08
81 '4
99
07
09,-4
95
y
DIVIDENDS DECLARED
Am Writing Paper. . . 2
Air Reduction 70
Canadian Car Co.... 28
CanCar Fdy pfd.. 70
Charcoal Iron 8
Chevrolet Motor ....133
Cramp , 80
Curtlss Aeroplane . . . 40V
Carwen Tool 7
Carbon Steel 112
Kmerson Phono 1
ilendeo Mfg 10
I Lake Torpedo 4Vi
Lehigh Coal Sides ... 80
1 Lima Loco 43
I Mnrlln Munitions ....
Mnrlln Arms 70
N Y Shlbulldlns 80
N A Paper Pulp 2Vi
Otis levator 47
Peerless Motor 14
U'ole i:ng BO
Kcrlpps-Booth 13
I standard Motors .... IS
hteel Allojs 5
i Submarine 10V4
1 Todd Shipbuilding ... 80
. Triangle Film
United Prollt Sharing
u s Ktenmsnip o
Cnlted Motors 32
United Sugar 30
World's Film
Wright-Martin Air . . 10,
Financial Briefs
i4,The Huntington (W Va.) Deveiop-
K9 t.ment and Gas Co , reports for Mav gross
&ernln-a of S84.511. against S44.939 the
ff,i- him month last year Net Increase
SfcJ- JIJ52. For twelve months gross in-
crease 1288.660. with net gain of 192.-
KS85.
&"
paSK surosa earnings 01 me uoiumous lunio)
RVJ.J'I ! J ""- .u ..b"V V...IJ4,J 1U
7Mr ,... .., r Itvn., .,-. titn 0,1 n i
-s?-cee of $34,540 compared with the
! same montn last year. Twelve months
feV.Mt decreased 232,352.
L --JRevortlng for the month of May, the
Ai UPffimuHHcaiui x-uvci, Jtauwuy una
Bt co. cxuicnigan) snowB gross in
ise of S797.846 Gross for twelva
Rttha Increased S2.590.30fi with net fnr
Sfa.uerlod decreasing S562.871.
' e Investment Bankers' Association
fiJUnerlca will hold its seventh an
fipl convention in St. Louis November
Kto 20 inclusive.
I" "-J-i Phfl Palttnl.t n.. &lnnn m......l
oinper for June was 4,232.000 Dounds
(Vrrtam tor May 4,768,000 pounds.
.'rtclal meeting of the stockholders
the Keystone Tire and Itubber Com-
r win oe neia on August 1. lmmed-
E" after the annual meeting, to vot5
creasing the stock by 3500,000,
he total J2.000.000.
Kew York Subtreasury gained
00 from the banks yesterday, mak-
casii net Kaui eince rriaay 01 i(-
I Mas
, Vtr
1 Mch.
I Ib
Jan
Dee .
No,
Oct
, hCDt
1 Auk ,
Tub
June
JlHS
Apr
Meh
Feb .
Jan .
Dee
No,
Oct
Kept
Aue
July
June,
May
Apr
vtrh
Feb
Jan ,
Un
VoV
Oct..
Sect,
8,317,112 Aus
8 741 88 July
t 1
1018.
11IIS
HUN ll 11 ill 4im June
1IUK. n -JSS 4'1 Mai
1H1R. II 477.HV1 Apr
1017 '1 181. "IN Mrh
1017. 8 M17 100 Feb
1017 'l (Mill 071 Jan
11117 II K1S 477 IVc
11117 111 4117,0411 No,
11117 10 844 llll Ort
11117 11 11 287 Sept
11117 11 fiKII MM Aug
11117 12.1S1 081 Jul,
1017 11 711 044 luno
11117 11 370 0117 Mi)
llll 7 11 474 0",4 At'
110 11 117 280 Mch ,
HUH 11 OVR .'.42 Feb
1'iin in ill', -mi Jan
11110 622 184 Dec
11111 It f.OO 317 .Snv
mm 'i.iiis. ,nj Oct
11110. 0 040 418 Sept
nun 11 !is7 711H auz
l'llfl II 8."l SSt lulv
11110 ll S1I 001 June
nun n ins unn Mni
nun 7 nij 707 Apr
11111 7 800 220 Mch
1011. 7 180 487 Feb
1011. nil 412 Jan
lllll .1817.018
Unfilled orders on the corporation's
books at the end of each quarter since
March 31, 1907, were as follows:
Tons Ton
Quarter endln Quarter endlnc
Mch'! iota. 0 nin 400 June. nTl2. 1 807.140
lull 1, 00, ,i" aicn
11117 0 831 477 Dec
1017 11 183 287 Kept
1017 It 711 4 June
1010. Jl .147 ; Mch
HUH, ll 1J2.SR4 Dec
llilO H 0411 41S Sept
11)18 II 311 OOt June
11113. T.800 2JO Mch
.a,r. r. SIT ill ft ,An
June. IBIS. 4 078.1110 Kept
Mch 11113 4 HI! 7411 June
Dec. 1U14. 3 8111043 Mch.
Hept., 1U14. 3.7X7 07 Dec.
June. 1IU4. 4 033 817 Sept
Mch . 1014 4 Oil 8il June
Dec. 118, 4 282.HIS Mch.
Sept.. 1011. 5 003 781 June
June, Hill S 8117 .117 Mch
Men.. 1013.. 7.488 0(0 Sept.
Dec. luZ. 7.H8.M04 Dec
Sept.. 1012 6 331.307
1111.1. 4 O11N 41
lllll 4 lUS S4I1
4 n7s.m11
4 '-04 SUK
4 111-' 244
4 511 7411
4 341 171
4 IMS 171
3 830 041
.1 324 3(1.!
.1 401 (1117
.1 7I7 ni!7
4 211 131
4 118 S8I
4 012 817
3 HUH :lft
4 277 HAS
4 (111 HI',
1 II 'it 44n
4 013 I1S0
4 i'S.' ins
4 mn 147
4 111 7n7
1 001 7M
I ".'JS 4IW
I I in ain
I MI7 117
II 1.'4 1JJ
0 '178 711.'
7 408 nin
7 Bin 714
7.827 3n8
tl t
l.ard
Jul
fcelit
It 08-
Jub
bept
l'urk.
Jull
Sept
TAaked
lllll
VI11.
lllll.
nin
lllll
ion
1IU4
1-114.
1014
1-114
1911
11114
1014.
11114
11114
1014
1014
1014
1011.
1'in.
101.1
inl.t
1011
inn
inn
m i.-t
1011
inn
inn
1913
Dec .
Sept..
June,
Mch.
Dec.
Sept .
June
Mch ,
Dec .
Sept..
101
mil
lllll
mn
lllll
1111(1
, 10111
11110
11110
.1 .104 841
S 084.701
3 Oil 317
.1 361 1118
3.447 3111
017 7.17
3 118 100
4 -.'37 704
.1 4IIJ .114
10011. .1 1127 nil
ltlOU 4. 7110 883
jiiim m7,ii
1IHHI. 3 .142 Sill
1008 8.003 3J7
ltlliS 3 421 1177
llinR. 1 111 H7
10IIS .1 701 341
10117. 7 Oni 878
in(i7 s 041 ma
1007. fl 421 nn
1007. 4 024,333
, Open Illth
Corn (new il?l(r)
Auk . 1 5-,Vj 1 ,11114
U"t 1 I 1 J J III-,
,' 11a
,Vub 7ll 71s,
I 0,
Yeat
close
711
t20 11
-U .'7
7H-4
1 04',
1 a,-
7H'
ti'J'n
23 12 1
-0 1.. tJ
71
70,
17
It
-'I 72 24 77 L'l.US 24 IU
1 .111,
1 li'i
71
ill'.
20.17
211 21
2 1 :,
-'4 72
44 411
34 (10
NEW YORK COFFEE MARKET
New ork. July 10 Trndo Interests
seemed to be on both sides of the coffee
marnei at tne start today and the open
ing, was fairly active Frrst prices were
unchanged to 2 points abovo the pre
vious clote
Klcht after the call July sold up to
8 13 and May went to 8 94. During the
early trading there were fairly large
blocks of December sold at 8 bO, said
to be outside llnquldatlon. Some hedge
selling was also reported, but the offer
ings were well absorbed by covering by
either outside or trade account, and
prices held steady at the end of thu
first hout
During tho early session there were
no fresh developmints in the cost and
freight market and sales were limited
owing to the high atdied prices
Tho snot situation was unchanged.
Interior bujers holding oft the movement
In expectation of being able to secure
supplies on more lavorable terms later.
July
September
December
January .
March . .
May ..
Tola'a
opening
. 8 15
. 8 .11
. H 311
. 8 03
N 77
. b.llll
Yesterday's
close
8 llS 13
8 .17 8 00
8 711 BS 80
8 HUj8 U3
I'ere Mara pf.
Phlla Co
Pitts & W V.i...
Pitts d W Va pf.
Pieroe-Anovv . .
Pierce-Arrow pf.
Itv Steel Spilng
3S'.'
21 '4
104
70
S7'
.17' (
11 '4
is';
iv.
43' 3
U
.-)S
2'l' i
MH
7U
40
07
COM
87'.
-17'f
.10
22
100' ;
J'H.
u
o'j
2.15.
0(1
10
mn
20',
72! ,
US'.
21,
.TTij
Federal Suitar rteflnlnK Compnn icBulir
qusrterl of Vfa per cent on preferred, pa
able August 1 to holdera of record July 20
Home Insurance Company, semiannual of
12', pt irnt. payable to holders of record
July 1
American 71nc Lead nnd Smeltlns Com
pan reirulir quartcrlj of 1 50 a share on
prefpmd pi, able August 1 to stock of
record Jul 10 '
National Clonic nnd Suit Coinpati. res
ill ir iiuirterl, of $1 7.1 on preferred payable
bepten In r 1 to stods of rccurd Aluust 21.
Dominion Coal Comp'vnj, regular semi
nnnuil of IVa per cent on nnferred. pa, able
i,8 1 August 1 lo stock of record July 13
- 1 Otto l.isenlohr A. Ilros ni-arterly of 1
o.) 1 per (out on common. paablc Ausust 15 as
6
3
2V4
73
35
80
Vi
133
83
41
8
117
2
20
Vi
83
40
Vi
80
42
2
32
10
70
17
13Va
6
17
93
Va
2
(Hi.
33
Vt
It
12
sy
134
404
2'.4
IS4
1V4
0
33
Production Last Month the Smallest
Since February of This Year
New 1ork, July 10 The American
Iron and Steel Institute gives tho pro
duction of nil classes of steel Ingots In
June, 1918, as 3,036.930 tons. Tho re
port embraces twenty-nine companies
which made 88.14 per cent of Ingots
production In 1916
The June output of 3,030,930 tons
chows a material shrinkage compared
with May. 1918, which month output
totaled 3,287,233 tons. As a matter of
fact output of Ingots in June was the
smallest since February, 1918.
Based upon Ingot output, which is
the basis tor all finished steel produc
tion, earnings of the steel companies In
Juno were probably smaller than either
April or May, production in the latter
two month3 exceeding that of June
RAILROAD EARNINGS
CHICAGO GREAT WJJSTEnN'
Mv crosa ll.lno.TO , 'S'o'l
Net 118.3111 ills H'
Five months' Ki oss.. flll8l,47n S74 41I
Net 008,001 110721)
11U1 FAI.O, ROCHKSTHlt AND TITTI.
ilLTKim
1 irsi week July . . JS01.0II3 8"8.0n4
Decrease.
Refined Sugars Unchanged
New York. Julv 10 Iteflned sugars
are unchanged with local refiners quot
ing fine granulated at 7 60c Haws are
unchanged at G 055c for OG centrifugal
LONDON STOCK MARKET
Shippings and Oils Active, nnd Higher.
Business Mostly in Specialties
London, July 10 The stock market
had a cheerful nnd confident tone today.
Most of the business was in specialties.
The excellent results cf the half year's
banking caused further inquiries for
bank shares, whllo tin stocks were bene
fited by the rise In the metal
Shippings nnd oil" were active ahd
higher and Investment bulng main
tained gllt-tdgtd securities
Money was in better supply and dis
count rutes were steady.
London N.Y.
J
Atchison . . .
Can 1'ac .
Chea 4. Ohio .
St. Puul ....
Urle
do lBt pref
III Central ..
Louis & Nash
( ent I'ac
Penna
Heading;
No l'ac
Un l'ae
U S Steel ...
12 30
Kll
138
III)"
.10
10
.11
lilt
120
7H
411
07
. K7'4
120
112
enul,.
M'i U
110V4 4- 3
ffo 'i 4
3Jf. S
IIH'fi .. .,
S i
iSJij -
lOliS ..
CHICAGO HOTTER AND EGGS
Chlruco. Jul, 10 HUTTHR Receipts.
1.1 074 tubs Unchanged ...
DUOS Hecelpls. 14.021 cases Extra
firsts, 37to38'c, firsts. 31iQi30Vic.
RAR SILVER
Today
ll '!
.ondon (pce.l 48
New 1', (cts) J""
Yes
on8,
48U
Last
Wed
Wia nn4
48H, 4'J
1018
lllsh Low
4214
iiiinmimnii!
52
22
100'3
2'J1.
51).'
oh
10Ji
.7'.
20',
72,
3S4
21,
ST'i
37.
reeisiereu aususi i,
1. md 'litln nml Trust Cnmnin rrtrular
(iuarttrl of $4 :.0, tsujiblo Ausust 1 as
registered Jut 11, Hooks do noi c'nso.
Kpntuclij Securities Corporation regular
iquftirli of VA per cent on preferred, pay
able Juli l.'i aa reslfllered July 11
, BANK. CLEARINGS
Hank clenrlmts lodaj compared with corre
sponding da last two jcars
llUS 11117 1010
Ilo-lon. $10 82(1770 44,lll. 714 142,472,708
, Phlla , 1 ll-.-l.7llK .14.4SII i'.'l 47.20132"
(New Y'k.3S0 7.1S 3-11 38-1087.228 .133.81(1118(1
Zinc Concent 1
STANDARD Oil, STOCKS
Illinois 103 108
Ohio 311 328 32
I'ralrlo Pipe 237 203
Stand Oil of Calif.... 220 223
Stand Oil of X J ....330 340
Stand Oil of X Y 273 277
IMIKFKMIKM Oil. hTOCKS
Darnett Oil &. Gas. .. ft
Cosden & Co Oil
Klk Basin 0
Federal Oil SV4
inter 1'etrol 14
10 ft
-Reason For
"Non-Notification"
Houston OH
Merrltt Oil
Midwest OH ..
Met Petrol . . .
Ohio Fuel . . .
Oklahoma Itef
Sapulpi Itef . .
Sequoah
Sinclair
67 Vj
, 26
.115
MJ
. 12
. fl1".
. 'h
18
oy flv.
2 sy
14 ..
68 Vi G
2fl4 26
110
1?. ..
17
OVj ..
8'S, 8'i
. r
10
3iim.no stocks
41
40' j
14
Itey Steel Spilng pf 0S'j
24' j
It-'Ji
IT
7.!
12':
Ilav Con Copper
Heading
rtcnub I & Steel.
Savage Arms
St Ij San Fran . . .
Seaboard Air Ij .
Seaboard Air I. pf.
Shattuck-Arlzona .
Sloss-Sheft S&I..
Sinclair Oil Itefg.
Southern Pacific. ..
So P It Bug rghts.
Southern Hallway.
Southern Ilvvv lf-
Btudebakcr Co ...
Superior Steel
Tenn Cop &. Chem.
Tobacco Products.
Transue (L Wlllms.
Tol St 1 & West
Tol S & I. W pf 10JJ
Twin City raf. ... -11
Union Pacific 1224
United Alloy Steel. 40
23' J
fil
Obii
21'a
112' i
1KJJ5
12'i
7'2
19
32" i
841.
ZVA
G2!.'
lS'i
10'.
Ki','
32-J
MJi
4'
21!.'
02'.'
40 ...
43H.
20' i .20J,
CA'i bl'
alJ4 ...
51, ...
10'?
liil
11
44'.
11
2T .
2a'l
0's
24' 5
in' i
o,)'.'
' 12'.'
7'j
10
41
40' j
14
2T
:i7
01
OS'.
2 l.'i
02 i
0.1H
12'f
7'i
10
Alaska Standard . . .
Pig l.edgc
llutte New York. . .
Con Arizona
C F S k Jerome. . .
Kmma Consolidated.
thpr .-. -.I-,.,-. .i ,
.pi, ;-- . wuiuneiu , uiui. . .
tne price ;0ldtleld Florence..
(ioldfield Kevanas..
(Jreen Monster ....
Hecla Mining
Howe Soimd
Independent Lead
Jerome Verde
:S2J, 32! S
84 84W
Ali 4H
23? J 21M
02'.' 02?
205i ' 20'i
045 i 04'.'
AEW YORK INACTIVE STOCKS
I Following are quotations for Inactive ''VH0,'1,11
New York stocks and In which thero 1Se 4 5IerB'
were no transactions today. The
ip-Ken Is the last previous ..i..
Adams Hp.. 68 Kngscr:r & p on
AJax P.ub .. 03 Kiess S H... 55
I Allls-Chalmers .U )S Laclede Oas n
AUIs-Chal pf R3 T.ake II & w'. 9
'Am Ag C pr 93 I. i My Tob 165
I Am H Sug pf 81 I.lg Jl T nf JS" ,
1 Am Ilk Vote 34 I.orlllard P. ioV'
I An, nnk X nf.161 I.orlllard t. i.fXS
Am Cotton nf 81'i Mack Co ..'.. B4
Am C & V pf .109 Man Shirt . . 65
Amer Coal... 52 Man hai Kiev. 05
Amer Cot Oil 41U Man I I.sU, Co is
Am Impress. .90 May n s pf.iJ?
Am Unseed nf 80J4 Mev: Pet pf";1
Amer I.oc pr 98- Mont Power.. 66
Am Malt .... 8 Mor & Kssei:. 39
Am Shpbld Co 30H M & st r. n; f
Am Smelt pr.l0558 M s ps s M J'-
Am Sm Pt D 89 Jo iv & T f s
Am snun: ' vv" "lcult;. 94U
Sugar pi. i" .,at hi, pf..j07aj
Sum Tpf.100 Nat Clk & St 50
-at Knam &
?? Pf. .. 9fi
.1
i,V
"
1!
IVA
10
".
.
4V4
3
Va
10H 10'5
122J5 123
Unifelt dig Stores. 100?i 100JJ 100', 100'i
U SCast IP&F.. 15i . . ,
-171 - 4
107!. 100JS 100J,
U S Ind AIco 124' 1
U S Rubber 59s"
.. c -..! 1(11(5,
V S Steel.' pi' :...U1'4 IU 1" 1"
lttnh Conner . . . . i-2
Va-Caro Chem . . . 49i
Wabash ll'
Wabash pf A 42'.
Wabash pf H 20
Western Maryland 14Ji
Westlnghse H & M. 42H
Western Pacific . 221.
Weuiem Pacific pf 02
Worth Pump pf B.
Wheel . I. 11 Pt--
Wilson i Co
Willys-Overland ..
Ex dividend Central Leather.
United Alloy Hteel. 1. rittsbureh Coal,
do preferred I'i
11 w
42Vi
25?i
15
42H
C) ...
1SJj...
01 01
19JJ 20
10i
42
25
14','
42lj
(il
20
I of the United Cigar Stores Com.
ST America for the first six months
total 24.000.000 This la an In.
H-ot nearly 4, 000, 000. compared
the corresponding period of 1917.
expected that the company's sales
acted so.uoo.uuu in lais, compared
(43.C00.000 In 1917,
W. Woolworth Company, regular
cly or - -i snare on common.
i riepiemuer i to biock oi recora
.10.
Brothers, regular quarterly of
on common. payaDie August
X recora August i. ana rf g-
ol i per cent on preferred.
t to kucjc or recora
. V
JV
Reterve Banks' Diirount Rates
Official discount rates at the twelve
Federal Ileserve 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
neriod of sixteen to ninety dava Th
third and fourth columns are the rates
for rediscounts of collateral loans se
cured by Government bonds or notes)
Com'l paper Govt paper
16 to so .. uVoo
nuaio" .......
New York ....
Philadelphia ..
Cleveland ....
Jllchmood ....
Atlanta
Chlcaco
St. Loula .....
Minneapolis . ,
Kansas City .,
Pallas
itei. frnncleeo.
4 4i 4
tVi 41 4
4V 4S
4 4S 4
4 4T03 4
4 4'i 4
t il t
MONEY-LENDING RATES
XEIV YOItK. Money on call, mixed
collateral, opened today at 6 per cent
for lending and renewing. The opening
rate on Industrials was 6 V6 Per cent.
PHILADELPHIA Call, 6 per cent:
time, 5?i6 per cent. Commercial
paper, tnree to six months, 56 per
cent; six months, 6 per cent.
LONDON Money on call was un
changed today at 2. per cent Dis
count rata on short and three months
bills was 3 17-32 per cent.
FOREIGN EXCHANGE
New York. July 10. The foreign ex.
change market this morning was steady
wun a BiiKiiuy .inner tune, to sterling
cshles Guilders also were a shade bet.
ter. Sixty-day bterllng bills were nom
inally quoted at 4.72 'j and ninety-day
bills at 4.71 U
Quotations were:
Demand Bterllng 4.75.30, cables
4,76.36.
Franc checks 5.71H, cables E 69 ,
Lire checks 8 81, cables 8,80
Guilders- checks 61 i, cables 51V..
Pesetas checks 27,50. cables 27.75,
Swiss checks 3.99. cables 3 96 Vi.
Stockholm checks 35.10, cables 35 50
Christlanla checks 31 20. cables 31. f0,
Copenhagen checks 31, cables 31,30.
UK
42,' a
25
15
42H
01
20
IVi!
1V!
Short Term Notes
Due
hept. '18
Ilate
per cent
Amer Cotton Oil .1
Am T & T (ub 0
Armour " '
Armour Co
llaltlmore i. Ohio J
Ilethlehem Steel .1
BrUIyn Hap Tr.
Can I'c ''"" 9
fhl H . Q It H 4
Del & Hudson. . ;
f.rle Halljoad g
General IVrt.r,.Cl ?,
General Klectrlo. 0
(ireat North lly J
l'ennavlvanla Co 4V4 June
Pub Ser C of N J J Mar
Jl?m A U M C Co J Feb.
Southern Kwy... J Ur.
U K Kubber Dec.
Utah Sec corn n sent,
t.U w - EU.
Peb.
June
June
July
Keb.
July
Mar
July
Aus.
Apr.
Dec.
July
Sept.
sept.
Hid
on,
nova
llll
!!5'i
li!-
ll'H.
nin
1IU
04
ntvi
llllVi
nos
i.o
II 7
074
110
no
im
117
'111
111
24
'111
'111
'18
'4
21
20
'10
111
20
20
'111
'21
10
10
10
'18 100
lo 00V4
Ask
IIO'l1
110
iinvl
03h
IMiTa
llll'i
110
IIU
114'i
II7V4
'07
1UO
100
07h
08 '
UllVi
not.
07',
11811
.....17
4WU
K'J
00
West KI & M
FOnniQX" GOVEIINJIENT SECUniTIES
Amer For Secur a aus. 'id 7i
i l,,.?r.nrh .. fi Oct. "(i 11 'li
Argentine Gov't. 6 May 'SO 07
Canadian Gov't.. f Aus. '10 08
City of Paris... 6 Oct. '81 82
Rep of France. SW Apr. MO 08
Kusslan Oov't .. f June '10 42
Russian Gov't .. SVJ Dec. '21 41
Gov ot Swltirrra n .viar
4jn K of Gt Mrit 5 Sept.
Un K of Qt Ilrll 8V4 Nov,
it. if ni St Brit it Nov.
vuofsfMve w WIBej?Ti i-""1'
II7H
110
8.1
US',
46
47
Am
A . t-i jc C. 50
Am Wool pref 94 'i
AmZ&Lnf. 51
Asso T) Gds. 1.
Asso Oil ... 58
Atl lllr &Atl 9Vi
Atl GS.W I Pt 64
Patopllas Mln IU
Bold Ixjco pl.100
Barrett Co... g
Bart Co Pj---1,,
Beth Steel... "vi
Booth Fish's. 21
Bkn Un Gas. 105
Brown Shoe.. 65
Brown S pf. 97
Brunswick ,,
Burns Bros .121
Butterlck Co. 7 1
Cal Pack Co.. 415
Cert Trod .. 34.
-. i.Mu ... 36
r-ent Fdry pf.40V4 pltr ,,"
SLlffVitSi ?.S?LpY. si"
i;E'.'i.vnn. 9 !I"UC0 1J8
Xat I.en.l '.:...
v., : " I'l.iuii'i
-at Acme.,., soil
Xat nn Mex. J4
i .T&Mex iP
- i Alr B. .125
&i:oSt 16
CV J- ntc, 24
Ji Dock pf 46
XorfoIK & So 21M
jorth Amer.. 42
Nova Sco Stl B7'4
nh f!aa rcts 6 J
Ohio Fuel Sup 44
O'vens Bat... 6
Pan Am Pet
H'ref onii
Phlla Co .... "9
J'r Steel c pf 94 W
ojA
nui 1?. Alton . U'a
Chi ft North 92 Vi
CCCJLSt L, pf 65
r P S of SOVs
Cluett Vab'y 50 Vb
-ni r, Arizona b9
Col Fuel & Ir 48
E"VSer fforp 100'
wiiinii i' C.112
neHf lBLvt- "V4
Heading 2d pf 39
IJep I & s pf. 99 "4
tojal Dutch. 105
haxon Motors 84
ifflSS'K.Vpfsa
s ft i-.i 'i r??5 5
ro?n Vrod pr.101',4 ho P n S pf.107 ,
4emstsup.fiEJ , iSag-p, ir
SSerVftCopt 92 Texas Co.... ?BS;
Sit ndison..ii''., " vu ra
S'ic'eT A?nf. 6!
Fisher Body 39
KIsner j i,
FM & Smvt I
r-ii?ar nf . 9?Vi
Wleo ...Is?
V
Gen
Gen
Gen
rnt i o it
Texas Pac... 16
Tob Prod pf. 93
Tol is Wets. 5Ti
Tldewtr Oil.. 188
Under Type.. 105
Un Bag i p. 76
Un Drug 2dpf 77 V,
tl tt iix inv, .. a
H",."J S.B.VM
"" "S TUIl,
Union Pao pf,
:,irieh B V 4?7 un tea Krult.124
boodf chRFpr 98 Union Pao pf. 704
firanbyMln.. 7-H UtiPanDd,, lBi
Silone C Cop 44V4 U S Rub 1st. .105
nulf &
iinmatkfi
Hav Bleo.
Mln 70
iu
1 Sftman Cor.
;,,,i f!ent.. ?.
i''i"V-n Cor 7
U 8 Ind AI nf mi
U S Itlty Imp. 15 i
U S Itlty Imp '
1st nref Kn
US 8 & II pf. 44VS
ITtat. Cam r . . '
'20 10 IU 10."
MH flnU on
18 ooi; fln
i?
07VI
P44i
int Cons CP pf 36J4 Utah Sec Crp 13
in liar Corp. 67 Va I C & C.. 72
in liar w -. '.'. .n
Inter K N JUu.
inur Salt....
IntPapprsta 63
Iowa .Cent. . . "
Int iMCK VI--
jewel Tea..
Jewel Tea pf
V.n. CV &!.,
K C So pf.
nf1HT
Viiloan nalin it,.
B5 WfLC .: i2
WestMd 2d pf 32
WeRl TTnlnn B
89 Si WllltA Mnln-.' A-
3 H Willys Over pf 83
JJs Wis Central.. 35 V4
Is... Worth C & M "
so nf A ...... 11
Jim Butler 01
lunibii i:tenslon ... 8
Mclvlnley Darragh . . 40
Magma Copper 32
Mother I.ode 36
Mines Co of America. 1V4
Nevada II lis 4
Xevada Wonder "4
.Mnlsslng 8
Ohio Copper Tit
Hay Hercules 4
Kan Toy 10
Tonopah Extension... 1V
United vcrde .ID
West End Con DO
White Caps 33
Ycrington s
llOMIS
Bethlehem 6s
Cosden Oil 6s
Cosden & Co 6s. ...
Cudahy 6s
Russian Oovt 5'Ss.
llusslan Govt GVfcs.
Southern Hallway
.00
77
77
04
42
44
53 08
Klnealr Oil Gs 7.1
Todd Shlpbldg 6s.... 06
1
ITi.
1ft
ft
SVi
3
1.1
3
4ft
4
4
1C
67
10
43
34
37
1
6
v
1
4V4
12
1ft
40
00
31
D9V4
81
81
07
46
48
08 Vi
70
00
Oe
1ft
i
1ft
2c
S'fc
2 He
ft
10c
3c
'i'A
3VaC
Va
8e
S7c
4V4
10c
I ft
06
34c
00
46
V4
"N'on-Xotification" Plan means No-notice of
the assignment on invoices sent to debtors
and permits a firm to collect accounts sold
lo us without the knowledge of their cus
tomers, thereby avoiding friction and loss
of tradc. With some customers we give
such notice on the invoices and collect the
accounts ourselves "Notification" Tlan.
What better reason for "Non-Xotification"
is there than the following EXTRACT
1 ROM A LETTER TO ONTE OF OUR
"NOTIFICATION" CUSTOMERS:
CERTAIN-TEED PRODUCTS CORPORATION
"York-, Pa , May 24, 1918
New York City.
Gentlemen;
We arc also returning herewith invoices and bills of
lading covering shipments upon which a stamp is placed
stating that the title to the merchandise represented thereby
lias been sold and assigned lo the Commercial Credit Co.,
Seventh Floor, Garrett nidg., iSaltimorc, Md. In this con
nection, wc wish to advise that we positively refuse to deal
with any one in this transaction except , and
until this matter is adjusted it is our intention to refuse
all shipments now on hand and en route unless you can
make arrangements vvlvcreby we can pay the amount of
these invoices to you direct."
Our Customer's Name Qmltted.
Wc will deal with a firm on the "Notifica
tion" plan where we would not accept
"Non-Notification," therefore, there is less
risk of loss to creditors if accounts are sold
on the "Non-Notification" plan than on the
"Notification" plan.
I!
Commercial Credit Company
Cash Capital $2,250,000 Surplus $375,000
BALTIMORE
rtepreeented at
PHILADELPHIA. r,12 Stock Exchange Bid. :
(Phone Locust 010)
m:w Yonic Cincinnati
CHICAGO BOSTON
Kelly Spta-P W -,W'tl,' P ; M.67i4
4
S
v
H
l
vl
I
U4
l
?l
i. I
M
1
JNatLonalBankof GDimneixinNewlfork J
. Organized 1839 '
STATEMENT OF CONDITION I J
JUNE 29, 1918 f
Resources Liabilities f
ll Loans and Discounts,... ,..$303,826,932. IS Capital, Surplus and Undi-
U.S. Certificates oilndcbted- vided Profits $47,187,727.95 Ji
ness and Liberty Bonds .. . 26,208,850.07 ,S3
Other Bonds, Securities, etc. 20,626,335.67 Deposits 377,963,316.91 s
U. S. and other Bonds Bor- J J
rowed 22,335,620.00 U. S. and Other Bonds Bor- M
Banking House 2,000,000.00 rowed 22,335,620.00 Jf
Due from Banks and Bankers 10,392,219.33 I ""1
Cash, Exchanges and due Letters of Credit and Accept- -J
from Federal ReseneBank 64,058,684.44 ances 32,594,751.07 iJ
Customeri' Liability under ,
Letters of Credit and Ac- Unearned Discount 1,956,230.96- JL
ceptances. 31,876,827.36
Interest Accrued 1,233,082.67 Other Liabilities 520,904.80
$482,558,551.69 ' $482,558,551.69
PRWaiDKHT .X&
JAMES S. ALEXANDER ' g
vic:rzamrNTs -,'jj
II . C. NUTCHINC, Jr. JOHN E. ROVENSKY ,'
I HERBERT P. HOWELL rARIS R. RUSSELL J3
J. HOWARD ARDREY OUY EMERSON ?J
STEVENSON E. WARD LOUIS A. KEIDEL j
OtSHICH ' II fl
RICHARD W. SAUNDERS II ' fS
III oniicrom
I JAMES t. ALEXANDER CHARLES E. DUNLAP CHARLES H. RUSSELL II J f.
I WILLIAM A. DAY HERBERT P. HOWELL VALEIJTINe P. SNYDER ft,
ill V&llXtt&'Si ZlbWlW''"- ?Hgi.TAI.ALV,AM. II J- v J
l
.?
'-, rt ,-."-
j.jt'j i
' -- . i'C . 1 J-
n
(. '
..'i