U i.i I-. v& I'll l p I? U' If K' tfr Bsrrr,.' :s ' . - lTOwW!ty rj" r & !' j mm BROKERS BLAME TIGHT MONEY FOR SAGGING TENDENCY SHOWN BY STOCK MARKETS YESTERDAY Market Inclined to Look Upon New U-Boat Raid as Joke; Interest Centers in Steel Meeting Cur rent Gossip of the Street What seemed to puzzle some brokers In the financial district yesterday was why the stock market thduld sag In the face of such enthusiastic "new from the front. Tight money was generally acknowledged to be the cause. . t This Is a condition which Is expected to Improve dally, an'd a general advance In prices Is looked for. Declines from the early quotations were recorded In virtually the whole list, and In several Instances they were very acute. It was generally conceded that the market was a purely pro- ( fesslonal one nnd that the public was not In It, espeially during the afternoon sssston. Some one tried to attribute tho dullness to the attack of a German U-boat .on a few coal barges off the coast of Massachusetts, but the per formance of this particular U-boat was regarded In the nature of a Joke. . . ' There Is considerable speculation as to the actloij which will be taken by the directors of the United States Steel Corporation when they meet one -week from oday for dividend action. There are few, If any, who hold any other opinion than that the usual dividend, Including the extra, will be declared, although many acknowledge that what the directors will do Is always a problem, and that no one, even the directors themselves, know before the meeting what will transpire. The effect of cutting the dividend at this time, however, would In the oponlon of many have as bad an effect as a reserse to the American boys'on the European battlefront. Conservative bankers still advise caution on the part of their clients, and some oven go so far as to tell them to avoid buying on the quick reactions we are likely to have on the present market. A well-known banker remarked about money conditions yesterday that tho money market was firm nnd likely to continue so. While he acknowledged the news from tho war was Inspiring, allowance must be made for the extravagant descriptions of the action of United States troops. Citizens Settle Western Traction Dispute The principal of a well-known downtown banking house was speaking yesterday about the financing of public utilities with special reference to traction lines, and the difficulty of having fares Increased by the various State Public Service Commissions so as to meet the Increased cost of operation due to war conditions. He said the subject came up In the city of Tacoma, Wash., recently, where there was a strike of the motormen nnd conductors. Instead of going before the State Commission the matter was placed In the hands of twenty-five selected citizens for them to adjust. Tho result was that they decided the men should have sixty cents an hour and that the fares should bo raised from five to beven cents. In the meantime Seattle and Portland are having a fight on for an increase In fares, and hundreds of cars are lying Idle In the barns, 'Short-Term Notes Being Sold Rapidly Another Issue of short-term notes which Is being sold rapidly is the 92,500,000 Issue of two-year 7 per cent gold-secured notes of the Columbus Railway Power and Light Company, of Columbus, O. These are being offered by E. W. Clark & Co., 321 Chestnut street, at 98 V4 and Interest, to yield about 7 per cent. The statement of earnings, both gross and net, of this company for the last five years is icmarkable, especially when It Is taken into con , sidcratlon that the showing is made on a three-cent fare. For the year ending June 30, lots, the gross earnings were $4,220,372 and the net earnings 1,143,148. Kor the last five calendar years the average annual net earnings have been $1,204,551, or equal to about 1 times the present annual interest charge. . The bond market at the ebglnnlng of the week reflected pronounced v advances in the prices of all the Liberty Loan issues and of the foreign , bonds more actively dealt in on the Stock Exchange. Decided advances In most of them were made last week alone, which, added to previous gains, made a wide gap In comparison with the low figures of tho year. Although further sensational recoveries are not predicted In the Immediate future, it Is confidently believed, however, that with tho Vic toria being scored by the Allied forces all these Government and mu nicipal bonds will make further strides upward. In view of tho great chajige In tho war situation, bankers expressed the hope at the beginning of the week that It will boon be possible to bell moderate-sized blocks of bonds and cut down proportionately the amount of short-term notes, that until very recently it was expected It would be necessary to put out. it Is understood that the finance department of the war administration has plans under way, though not of a very definite character, for reorganizing tho railroads now in the hands of receivers. Price Jump Would Follow Decisive Victory A prominent banker and broker was asked yesterday how the stock market would go, In his opinion, should the Allies win a decisive victory In the present offensive. In view of the apparent failure of the market during the last few days to respond to the encouraging news which was coming from the European front. "Tho conditions which prevail in the stock market," Uv salfl, "are. In my opinion, due entirely to money conditions, which are really tight. But," he contlnued,"ln the event of a decisive victory on the present fifty mile fighting front, neither money nor any other conditions would count. The market would go up out of pure bentlment. In an event of that nature reasons are scattered to the winds and sentiment sways the crowd. Of course," he remarked, "I would not want to go into such a market to buy. I would prefer to buy now.'" Germany Must Yield Unconditionally The commonly accepted opinion In financial circles In this city as to the part which Geimany will or will not take in peace proceedings when that time shall come Is forcibly expressed by J. S. Bache & Co. in the latest issue of the Bache Review, us follows: "It must be borne In mind that ans peace acceptable to Germany will be a German victory. So Kuehlmann, Von Hertllng, Burlan, German and Austrian spokesmen for the Junkers, are beginning, as was to be ex pe'eted, to pour into the peace sewers naubntlng statements of what Ger many will accept from the Allies. Such expressions should be treated like any other refuse. To patriots to whom American soldier boys are dear. these deceitful feelers are a stench In the norstiles, as are the treasonable appeals of yellow, flighty-brained writers like Arnold Bennett, asking to have them considered. Germany, the most abominated criminal In history, must be sentenced not allowed to negotiate for peace. There must be no conference no peace table. There must be only unclnditional surrender, and ofter that terms of punishment dictated by the Allies." r Reverse' Method of Financing Public Utilities In offering $2,223,000 first mortgage C per cent gold bonds of the West Penn Power Company, Halsey Stuart & Co. seem to be reversing the present popular method of financing public iVntllltiea by Issuing short term' notes with a high yield, which are usually secured by long term bonds of the particular utility. It would seem from the prospectus to hand that Halsey Stuart & Co. have purchased $1,111,000 of the above bonds, and the remainder are held uAder an option, which can be Exercised at a later date. The proceeds from the sale o fthese bonds are to be used In the retirement of $2,000,000 6 per cent collateral gold notes now outstanding and maturing February 1. 1919, The bonds which are being offered are dated March 1, 1916, are due.' June 1, 1958, and are callable In whole or part at 106 and accrued interest on or after June 1. 1923. The territory served by the West Penn Power Company has" recently increased largely in population and is confined to that part o fthe Pitts burgh district lying between the Allegheny, Mouongahela and Youghlogheny Rivers. Some of the points served are within ten miles of Pittsburgh, while others are fifty miles distant. McAdoo Favors Another Huge Bond Issue In its regular weekly letter, speaking of financial and business condi tions in the United States the Guaranty Trust Company of New .York ays: '"A bill authorizing the Secretary of the Treasury to Issue bonds for ortethlrd of the amount which he bays it will be necessary for the Gov ernment to raise during the present Jlscal year has been introduced in Congress. While the authorization proposed is for $8,000,000,000, the Secretary may avail himself o fan additional $4,021,214,299 of bonds already authorized for the year ending June. 30, 1919. Also by the terms of the bill the loans to the .Allies are Increaesd from $51500,000,000 to $7,000,000, 000. A report to the House of Representatives accompanying the bill shows that the total ot credits established up to June 26 in behalf of Allied Governments is $5,972,530,000, and that the loans made total 15,594,434,750, leaving a balance of $378,155,250 which may still be drawn upon. To ,V- j encourage foreign' Investment in them, it is provided that Liberty Bonds h,Jrf4the second and th'ird Issues, and bonds Issued under the war finance (ration act shall be exempt MfatMtjtafchtUiim jionrssWant allsn individuals or foreign concarnanot w bFTHE STREET 'nrrn ornwnii t,rf .from taxation when payable in foreign wuxiwmw&,zr. . . -nnuxs?m lli.aiif ifw.c' .i v v-' Bjn.h iwcjafe ti"?VENINi':'pUBia:eLEDGEfii-J'HlADELPHlA, TUESDAY, it BUSINESS CAREER OF PETER FLINT A Story of Salesmanship by Harold Whitehead (Cotvrloht, lUSl ilr. Whitehead wilt anttoer question on bublitn. Meltlun. it - tnur bu.ttnrtft advtrttslna and rmplovmtnt. Ak uour aiieaflona cltarlu and ii- an I lie facta. Your correct name ana full addrmt mutt be Kloncd to all Omulrln. Those which are anonymou mtlal be tonorcd. Anatcrra to technical auentloaa will be tent bv mall. Othrr qjiettiom mill be answered In this column. The iot Inlerettlno prob lem vf (iiaulrrr.i will be teorcn Into the iloru of Peter rilnt. ,' CXLVH FRANCIS GRAHAM thinks quite a tot of Springfield, He says he can al ways tell the quality of the town by the enthusiasm of the people In thatlown for It. The people of Springfield are big Boomers for their own town. "Did you ever hear that little thing which they put out? I believe the Mayor of Springfield Is responsible for It. It is called "The Choice Is Yours.' "No." I replied, "what Is It?" He fished In hln pockets for a minute and then brought out a card on which was printed the following: TIIC CHOICE IS YOURS When the Creator had made all good things there was still some work to do, so He made the beasts, reptiles and polsonouc Insects, and when He had finished He had some scraps that were too bad to put Into the rattlesnake, the hyena, the scorpion and the, skunk, so He put all theso together, covered It with suspicion, wrapped It with Jealousy, marked It with a yellow streak and call ed It a KNOCKER This product was fearful to contem plate. Ke had to make something to counteract It, so he took a sunbeam and put It In the heart of a child, the brain of man, wrapped them In chic pride, covered It with brotherly love, gave It a mask of vchet and a grasp of Bteel and called it n BOOSTER Ho made him a lover of fields, flowers and many sports, a believer In quality and Justice. And ever since these two weYe cre ated, mortal man hao had .the privilege of choosing his associates. "That Is one of tho cleverest things of Its kind. Isn't It?" said Franclo as I passed It back to him. "All the fellows I know In Springfield' certainly live up to that description of the booster. "The first thing I do when I get Into a town." he continued, "Is to buy copies of the leading papern. The tone of Its editorials and the general standard of Its news arc most enlightening .13 to the kind of people that live there, for, after all, a newspaper reflects the stand ing of the community. Just glance over this copy of tho Union and you will have a higher opinion of the people to whom it catera than you may hae a present." He spoke on general things after that until the train pulled in at Farmdale station. We slipped off the train with some thing of the air of two people on an ad venture. I really believe Francis whs bh excited as I was at tho thought of pur prising my fo ks by this visit. It wan a quarter past two when we arrived at tho house. "Come In the back way," I said to him. and we both ducked as we pawed the kitchen window, crept up tho back stoop nnd opened the door very quietly. "M m , but tho most delicious odors met us. We saw dear old mother making pies. Lucy was taking two delicious pies out of tho oven, while mother was holding a dish In hrr hand and trimming off the edges of dough from the dish. "Aren't those delicious pics? we heard Lucy say. "Yes," replied mother, "but I don't think the're quite as nice as some of mine." Now mother'o pies are always better than the last, but she will never admit they are quite right. "My, wouldn't Peter like n slice of that !" said mother with a sigh "I wish he and his friend, Mr. Graham, would visit us soon." "I guesn Mr. Graham would like a slice of this pie ns well," said Lucy. "De you know, mother " And then, fearful lest she might say something about Francis Graham which would embarraSB her and him, I hurst In, "You bet your life Peter would like a slice of that pie," and then I wished I hadn't said it, for mother dropped the plate containing the plo she was abim to nut In the oven. "Peter, you naughty boy, look at the state your boots are In," and then her head was resting on my shoulder nnd nhe kent giving me little hugs and scold Ing me for surprising them one minute and then said how glad she was wo had surprised them tho next. I glanced over my shoulder to see that Francis was holding both of Lucy's hands, shaking them and saying, "How do you do. Miss Flint? It Is so good to see you again," nnd then she nald she was Klad to see him, and they were still holding each other's hands and shaking them.- until Lucy saw, "l must look after my pies." "Your p'e! Indeed? Pont claim tnose pies as jours because Francis Is here. and turning to Francis I said, "Don't you believe It, Francis; she's not half tho cook mother If And then oh. well, a fellow would have to be a real writer to be able to make you picture all the little Joys and delights of meeting those dear ones when wo were not expected. "Where's dad?" "He Is feeling much better." said mother, "and he Is oer at the store now." "I've got to go to the store," Lucy said. "Why don't you walk over with me?" I noticed ahe looked at Francis while she said this. Ho said. "It would be a good idea If Peter will come." Peter didn't want to leave mother Just then, so suggested that Lucy and Fran els bo by themselves! They didn't want the least bit of urging. Gee I How glad I am I've got mother. TODAY'S nUSINKSS Kl'IOItAM Consider ffic poatape stamp; U sticks to one tiling until It pets there. What does this meat: to YOU? Dullness Questions Answered I thoutrht I would write and ask your opin ion of my case. I am thirty-flve yeura old. I had planned to attend a business collers t-i. e.n in tmin for a nosltlort as book keeper. I am troubled with n sort of rheu-, matlsm. ine aiiacas wiuv .! ...u sometimes lay mo up completely. Do you think I would make a auccessful bookkeeper with this troubltT Or am I too old to take up this study? I have Just a common school education, with what little I have picked up since I left ntoTori'.AYS THEATRES OWNED AND MANAGED BY MEMBERS OF THE UNITED EXHIBITORS' ASSOCIATION BELMONT 0!!D AB0VE MARKET Ann Pennington '" "rE 'n-. CEDAR 00T" CEDAR AtIayB ELSIE FERGUSON ' "&$$ -.i.1 i-MVII A I Otn. Maplewood Avs. COLUINIALj 2.15 and KU5 P. M. Douglas Fairbanks youno rELWiw Market, lit. BUtti Wtb v' WMHSWi"."- ?,?J. mry ricurora vou jeani" iehool. "The resun I thoucht of booMteegtn Is that I am uiuhu tn work at anything ex -i '" rMvrt . s tfqulrlitK me to be en my fret much." wo you Know nnytnins auoui "cnui memory trlnlnit? I nnt enclolne stamp lor privnie reply. -m. ii. n. How long at a time does your rheu matlsm lay you up? If It Is only for a little while and at Infrequent Intervals, there Is no reason whv you should not be successful as a bookkeeper. Of court you are not too old. You nrc only Just a grown-up boy at thirty-five. I know very little about schools of memory training. Whv don't you go to the library, where thev will probably have books on the cultlxatlon of mem ory, from which you would be able to get much help. If you find that the Ideas you get this way are useful to you. It might be well to go ahead and take one of there courses. Before doing so. however, I would suggest that you write to persqn Vnll know Hhn tinl- a1..n1i, taken h t.'"i" ?!'. or If any oni hiving near you has taken such a course, why not gei in loucn wiin mm I What la the law of this State on a woman paat her sixteenth r to work ten hnura atralfht, time allowed fop lunch, hut tint time off very light work, alltlni dnun all rta. MIIS. 11. H. I do not undertake to anmver legal questions. Perhaps some reader may be able to help you out. (Cor right) Philadelphia Markets GRAIN AND FLOUR n lPAT IJerflpts. sn.27(l huhel Prlen nrm. with nfforln- 1 n-v., -rt.- ...,.,-... ,- - ,,, -"-" .'-...1 ait' iluuiiliii'lin. standard Inapretian, standard prlrcs No, 1. " av'v""'! 'r3"; N.- ' northern mirlnc: lrr. :-No hard winter. $2 30; No 1 red rJ a'.r,"r. ,cky' ,2'37: No- - r"! Inter. flJkl W''JS'3.?: NP- " rt,J "Inter. n-nn-.h.J2-3450- Iv."'1 winter. IS 32. No. 3. SSr,SeIB,"m-,r"r -;- '" 3 hard wjntcr. .,9Sn!i:P',,f,,,l- ,4T-1 bushels Tride "t ": .SgXP'". '?r lofl trade No 2. 1 80 "901.91. No. 3. scllow. 1 HSfci , OATS Receipts, : Inirs, were raodrrntc 3 17d Imsiels Offer- and ihr. market was !i ul"...nx "JPIfnex. rates Quotation ?ii."v "'.""r. "tsndnr.1 white HTtfP wV.4,?: & hM'- ""H0S7C.' No- . FLOUR-rtecclpt, no bbl. nnd 1.IW3.-1D , Brcnt losP,' ?Ut fr0nl U,e mmt" ?r uer: '.. '.1 saek. Offerings were moderate ' man dead I saw In one small piece of SJmand" ouSCLn!;:"1 t-1"1 V1"1 n '"'r woods today one would Judge by the np-IbaT-ckc.fn1': .1fcViWnCtVrrwrilt Plication of the ratio to the hundred-v-V..100 i.T rrnt l,n"r. l(i.i"iW1l 2.V; mile front that many more had been lost MinS?eAwV,n?"nWr whoatrou'!"ioon0p,erf ,by lhc Gcrman hlgh con1mand' cent flour. 11.33 11. 7:.. r ' Thero Is evidence that the German km: ki.owr .v-,a nuiet nt former rntf we auntp nt Jloeil ir bbl., as to quality. in sacks, PROVISIONS The market ruled nrm. with a fair Jobblns demand The nbotntlona ransod as fol- !Sv."?M,i.4,c!,S'',t'rP b"f ln "" moked. ;2! .urVfi v.n,u,',!l" nd tenders, smoked IKh &''" 4,f: """-n beef, knuckles noTi.' ?m.7;. m-HS,,,- iHS' bB" hams, innj norK. f-mlly .-21r33- hnm. S. p. cured. loose, juT3ic: do. skinned, loo... snm 3tr: do, do. smoked, .vjffs.-u,.'. .it:;'v... sTlffs'31cclhm.r''dmAl,,nbran;'.'ln(1a,'r','' I sjV??: dom;i,:rkio,:,;:,";n. ,:&, cured Ia,m iiu. a I mokd. 24 Up bellies. In plckl.'acoordlns to areraee. loose. S2c; breakfant bacon to nrana and aernae. cltv rnred ale r,f.",-,t b2cn. wtern curw1 4Ic. i,ra,i western, reftn-d 2WBUC- Tard pufi city kettle rendered. 2nif?nu? - F ' RFFINFn !TH-Anc ' against the northward-moving armies of Hfc.rlifc,U SUGARS tho Crow prlnCe. While French and , 'lrl'." were flrmlv held on a basis of American troops are pushing back the T.GOc for fine Rranulated. I foc norn, 0f the Marne from the point of DAIRY PRODUCTS ! the salient which Von Hlndenburg hoped ,,, ,to stretch to Paris. Americans. French. nrSes werVTii,nrnn,1nSTn,.H'r.,.y T".1' "" British and Italians aro Btrongly press e'fa'te? uotVldack'e'r'ce'a'm- In In both sides, despite violent and des-l'xt.Tn- -4r""- hlith-srnrln Bonds, 4nMsr: Derate resistance, the German high com- nt ntwssc: cholcj at so", fair to iood it 4t forces In tho hope of preventing General vmc. iroch',, Btioke from scooping In German rS9nchillc.B 'tnrk "oM promptly and forces unable to escape the pincers which r,.ri n.rm nut Vnnttrncme Imnlcrs wero 1 '.,... iv rlnslne in hard to move Quotations: Tree cases aio surely Closing in. ncarny nrais, ir.-4.iWls.iio per standard . -.. luitrii, I'li'lUl ,:'" !' If. nor famn western extra firsts. 112.4.1 12.no per ess-, firsts. J12K12.1.-, per case; fancy selected fes;".wir,Ulonbnir at 4.lS.-,6o per down. e: fancy selected t-riij-ai, ino market ruled nrm and CTnt nffprln?.. n -n. .,......, and stronger ountry advlcl-s. Quotat hni: .New York. whoi-mlll:. fmy. fresh, itiec I?e1h.: B53Mt,hc?h,.srte0on,,rri "'w'hole.fn'n'k' i,nn- niH-o,M! ..... JK.V-,"."?!; "SI'S.- -3c- . POULTRY MVn In moderate rrnuest and prices tenerally ruled steadv. Following are tho uuotatlona: Fouls. 33 iff .Ilk-, Hnrlnu chick - ons. not tinhorns uvirhlnir l i?2 lbs SI&.3'w1,M 82033c. noostors. 2-.W27c Ducks. PcMn. dlan Runner. 2fltf?27e. flulneas. per pair. f.3.'!tfl.45. PlfffuiK nlrt per pair, 4UQ943c. do. ounF7, per - pair. ISeTane w.'," !!,'',,n,-,i" nnnswnn Hupniiei wpk nnd iirirpH ru!M firm. Que Quotation: Frf-Bh- UtllM fowl. In hbis.. fancy, dry-nicked, brVr&HVrMA. 'SSwiffi?: old roosters, dry-picked 2Sc: brollini: ciiickens, western, fHnv. weighing 3 Ibf. fHnrv md over nplece. 4.-W47c; do. welshlne l'-j lbs apiece. 444Hc: do. welshlnit 1 it i-4 ins. apiece 4;jffn.,e, spring- oucks. nhead to Keep witnin juucuujuus b l.cnir Island. saB.inci siumbs, per dozen , , ,., while. welKhlnc 11 12 lbs. per dozen. IS tance of the troops ..,,, . ffl . do .welchlpt tiffn lbs n.r dorm. The Germans are headed back toward J7 W7.no: do. welshflW R lbs rr dozen. H(t tiie iin0 0f the Alsne, whence they H..10: do. welehlnir 7 lbs per dozen. H..r.Pfl."' ' " . . ,,,,, uniritu tn take Paris and do welshln C m lbs per dozen. ISW4 l.started In high spirits to tane l ans ana do. dark. tl.o0OS.S0; do. small and No. 3 '.win the war. How far back they will go 13.50. I tle next few day8 will tell. FRESH FRUITS ! Chateau-Thierry, the nearest German n . , ...... ihcld point to Paris, was occupied Sun- Demand was onlv motleiate. but values " .' t.v, - Vtviprlf-in trnnnq whn ecnerallv were well sustained on cholco day by French nnd American troops, wno stock. Quotations follow: Applea, new. per established a stiong position north of the hamper. sncPll.sn. Poaches. Oeorirla. rer r.,,r nrenaratorv to pushing on. Bridges r.-uaskot rarrlcrnclle of flcorfrla, 3.r,n- rlNcr M .!.' i.. tho atream and cuns Elbertn. $2.r04. Teaches. Oeorsla, per were thrown across the stream ana guns bushel basket. S3&3..VI. Lemons per b.n. were brought up. l3..inS0 Ornnxes California, nor box. t R,irrf.d hy the spirit of victory, one J.l.r.Otrs Oranefrult. per box. I4flr.. rine-. ,, , .... L .ke mnmes' nf the apples. Porto Hlco. per crate. $3(l?8. Cher-.sentiment was on the tongues or the rfes. California, per box. I1W2.2.1: do. New American fighters and their elated AI- Vork. per O-lb. basket. n.cWIl. .Orapes. i aiuornia. per h-ohskci rrate 9.ir...ii, Pears. California, per box, J Iff 3. Plum. -nlie...l. n.. K.V Slrfjl tn.lnAl. r-.ll- fiirnlft, per crate. 12&.r.0. C'Rnln.Aupen. Arizona, per stand inl crate, $4,"."( do. An, nr pnnv crate, J4; do, do, per flu crntu, S1.7i((72; do, Georgia, per standard crate, ,:n((C,,; do do. per pony crte. sC'M,l''i; do, do. pink meat, pt flat crate 7V(i SI.2..; dl, Noth Carolina, per ntnrd iH rrn, fA.onuk4: do. do. per nonv rrate, 2S: do, do, per flat crate, $1.23(92; do, Maryland, per Ktanduid crate, ,1 AdfiM. 'ait?rmelon., .Southern, per 100, f20rt10, do, do, per car loud, 200Q3?ri. VEGETABLES Potatoes were quiet nnd easier with fair' liberal offerings. Onions of fine quality sold fairly ed ruled a shod fl-rner onnta tlona: White potatoes, Norfolk, per bbl. No. 1, 3.7.18f 4.2.1. No. 2, Sl.TnV2.2r. Wllllo potatoes. Kaslern Shore, per bbl. No. 1, 44.S0: No. 2 2(?2.2.1. While potatoes. Jersev. per -hushel basket No. 1. 80B 03c: No. 2. 40VS5C. Sweet potatoes. Jersey, per hamper No 1. 2.Sns8; No. 2 1.2.1 tfvl.TR. Onions. Jersey, per -bunhel basket, jl.lOtfrl.2.1- do, do, white, per bushel ham per, 22.50. Mushrooms, nearby, per lb., BOtoToc. United Cigar Stores Raises Dividend New York, July 23. United Cigar Stores Company has declared a quar terly dividend of 2M per cent on the common stock, payable August 15 to stock of record August 2. This puts the stock on an annual 9 per cent basis. Dividends nave Deen paia at me rate of S per cent, since May IB, 1917. NEW YORK BUTTER AND EGGS New York. Jul 3. HUTTKIt Ilectlpts, 11.184 tubs. High scorln. 4SW 4fle; ex tras. 4nc, Inside. Others unchanged, KCIC1S .Receipts. 12.H5D casea. Seconds, 3.1I&4HC Others unchansed. l'HOTOn.AYH STRAND Utn' Av' " vnan0E-0' Droad MARGUERITE CLARK ln "UNCLE TOM'B CABIN" EUREKA 40TH JIAnKET sts, MARY PICKFORD In M'USS" FRANKFORD 47,t Fr,'TnoL0IYAv George M. Cohan in lllt-tne- Trail Holllday" II IMRfl FRONT ST. aiKAHD AVE. JumDVJ Jumbo Junction on Frankfort "L" Alma Reuben. - 8- I OTI 1ST MD AND I10U8T STREETS LVJvUi31 Ma" ,1:80, 3 :n. Kvr.:3ll te 11 Sergt. Uuy hmpey ,n u THE TOP" NIXON MD PKW,W MA2ET7 , "lHt) UNBtUtVtK" mMicmM- vjjjjk Allies Push on Despite Resistance a i lino lim Continues' from'Tinte One battle. All nre determined nnd full of fight. They appear to think less nnd less of the hochc ns the days go on, and are not even thinking of such n thing n stopping thr-lr own vic torious drive. It Is still too early to make predictions as to the fighting north of Chateau-Thierry, but It is comforting to recall the Germans similar stand against French nnd Americans south of Solisons on Frl rtav nlfcht nnd Saturday with tho same quality of shock troops. There pn liaVe given ground nt no OUT IIIn r- " -,,ll l l ijq point, but have m """". The Allied nttacks Mondnv mom. thg resulted In capture of three vl. lages along the Chntenu-Thlerry-Sols-sons road, south of Solssons. To tho east tho Germans also be gnn a heavy renewal of artillery ac tion Sunday night, shelling the British nnd French back nrens in the Bols dp Rol nnd the Bolt de Courton. while launching counter-attacks against those trorQi. Unofficial estlmntes were made that the Germans had lost 100,000 men last week In fighting at Solssons nnd Cha tcnii -Thierry. I am unable now to get a reliable estimate of the German loses on the rest of tho front last week, but It la reasonable to suppose thev were another 60,000. They were very heavy south of tho Marne. norlir T.oc Ahout 1.10,000 The Allied prisoners last week ex ceeded 25.000. Flvo times this for tho killed and wounded, plus prisoners, wftuld make 150.000 losses for the seven 'days' fiRhtlng. aionaays oaitle will I rreatly swell that total. Many weeks of fighting of that sort would give the Al Haa n numerical superiority now on tho To tho layman 150,000 may seem a command Is preparing tho nation for the announcement of large casualties, a semi-official statement from German headquarters yesterday repeated oerand over the desire of the German commnna to spend ns few lives as necessary In consideration of the size of the present battle, which In all Its phases is perhaps the greatest of the war. June 22, 9 a. m. The sensational lc tory of the Allied armies is growing hniirlv. Thi flneman forces withdraw '"K from the other side ot'our Marne before our troops, are now more than ..n lrnn.tfl nnrth nt Pliotpnii-Thlerrv i,-,,,i T,.t n.rmaln. From that nolnt north the Allied tra control tne u.aiwu-i..r,.,-.. sons hlehwav. and aro pushing eastward forces control the Chateau-Thierry-Sols- A Sensational Advance On the western side of the salient our advance Sunday was little short of sen- iinnni While nnt nermltted to give ".,.. .. t" cxact Nation t our lurinest. lines. It may be said that the French and I Americans occupied Vlllernontolre on rn-o.-on-Th nrpv.SnUson.s hlehwnv and I made progress to the north ot that Plnt- t M nn.kaj aialu'!iril nn a HnA frnnl ' T,...rtt. ,,,,',, t nuiv-tir-Ouri-o and Parcj-ligny to Hill -suruurui, ana iali - o beyond Grlzolles and la i.roix. 'Further to the south the Germans were l.hrown beyond Bezu-St. Germain on a 'line reaching the Marne at Mont. St. ( crc. I nn th rastern side of the valient .. i, nrhiah n Italians. minhlne I French British and Italians, pushing i nhiwid ncalnst the strongest sort of re- f alioad against me nuoriKi-m . t u n-- slstance, took St. Kupnralse and reanzea "ther gains taking many prisoners. The advance of the Americans at some ,,i,,t u ..., En fast that tho generals nail ',,,,.. i,. i- thMr lip idninrters (difficulty In molng tnelr ne.innuarters ,..Q ., fh. ...... -The bodies are not . , , , ,ui ....... ' coming back this way. Taklns Ouna North The German artillery fire along the Marne was weak nd desultory Sun day, showing that the enemy preferred to drag his cannon north rather than take a chance and fight with them. With Hill 204 ln their hands, the Americans and French Sunday swung to the cast of the line running north west of Chateau-Thierry. Our troops leached many points on the Chateau-Thlerry-Solssons road, and there Is no reason to believe that the great swinging advance will halt mere, viwlnr the withdrawal of the enemy before our armies, there was something of pathos In the German official state- ment of Sunday that their forces had 1'HOTOPI-AVH The Stanley Booking Corporation THE following theatres oDtain tneir pictures tnrougn tne aiAnuax uooiong Corporation, which Is a guarantee of early showing of the finest produc tions All pictures reviewed before exhibition. Ask for the theatre in ycur locality obtaining pictures through the STANLEY Dool-.lng Corporation. 11 1 12th. Morris tc Pasjyunk AV- Alnambra Mat. Daily at 2: usi. ovu'" NORMA. TALMADOK in "DB LU.i: ANNUO' A D-l I r i-O AND THOMPSON BTS. APULLVJ MATINKB DAILY PAULINE FREDERICK In MADAME JEALOUSY" A 0- ATM A CHESTNUT BEL. 18TH ARCADIA hi A. M. to 11:10 P. M. ELSIE FERGUSON In "THE DANGER MARK" 'rT I tmlDr BHOAD STREET AND BLUbolKL' Susquehanna ave. UNA CAVALIERl In "LOVE'H CONQUEST" rtlDDCeQ MAIN PT- MANAYUNK EMtKUJ MATINEE DAILY MARY PICKFORD In "M'LISS" FAIRMOUNT M,SSAgSirA AV In "PLAYINQ THE OA1IE" CA1VIII V THEATRE 1311 Market St. FAIVllLl Ii A. M to Mldntht. CHARLOTTE WALKER 111 "JUST A WOMAN" tTTLI CT THEATRE hlow Sprue JO 1 M SI. MATINEE DAILY EARLE WILLIAMS In "THE tllltl IN HIS HOUBE" nrT MnDTUFRM Broad Bt.at Erie Vjll-rtl itwnjiiwwi Ziiamvcu, MAIIKI, NORMAND ln "THE VENUS MODEL' itinrD I A I eoTH i wai.n 60TH i WALNUT BTS. JlVirCr-' Mat. 2 .10. Ev, 7 9. PEHH1K ISAKKISUAIK In "ROSE O' rARADISE' I CAnCR IST LANCASTER AV. LtAlJtJ Matlne Dally " OKORC1E M. COHAN HIT .THE TIIAIL HOLUDAY" JULY 23, 1918' part of a new purpoe. If that Is true, the purpose was to save their skins. ln the swing eastward tho French con tinued to press forward cast of Neullly St. Front. Further to the north enrly Monday morning tho Americans launched a strong attack with tanks and French cavalry south of Solssons, tightening their hold on the holghts south of that city. Solssons and tne ranroau yarn there are under gunfire control of our troops, nnd the city could be taken, but that Is not at present a part of General Foch's plan. It Is believed. It may be recalled In this connection that Chateau Thierry fell Into our hands without a fight, which would, perhaps, have de molished the city. It was won by strategy. Kaiser's Troops Fight Stronely Despllc the large numbers of prisoners taken when the attack started, the re serves, which are the Kaiser's crack troops, are ngiuing strongly souin ot Solssons and west of Rhelms. These shock troops seldom surrender, nnd the scenes of battlefields eIiow that they fought to the end. Here Is one Instance to show the way these Prussians fight. A lieutenant told me that while leading a smud ngalnst a machine-gun nest he placed men to flank the enemy position. There were four men there. The Americans killed all but two, who, despite the advance of the Americans from all directions, kept firing, nnd the lieutenant had to shoot the gunner through the head be fore he would stop. Then he placed his pistol against the head of the German corporal remaining and forced him to show the Americans huw to work his gun. which was then turned against the fhelng Germans. It Is not to be supposed however, that all the Kaiser's troops will fight to the last like that. The majority will not, but the motto of the Prussians, as told me by one ot their officers. Is, "We will win the war or all go to hell" It is this sort of fighters that the American troops have been dr!lng back so successfully south of SoUsons, In what has been one of the bitterest fight In the whole war. Ynnltee Morale lmprnen The morale of our troops Is getting better cery clay, It that were possible. They have always had the hunch that they could beat tho Germans man to man. and In this open warrarc tney arc getting their opportunity and Justifying their hunch. It Is difficult to make tnem light only as far as nn objective, and rest there, but when they get started they simply pound the German lines until oerwhelmlmr numbers halt them. Then they take breath and get assist ance and go ahead again. There Is but one spirit throughout the American units and that Is the Germans j must ne Kepi on me ueiensiva anu never receive enough of a breathing spell to prepare another drive. There Is one hlRiilflcant thing growing out of this success. The Americans, of course, wanted to ficht under General Pershing's direct command There Is no use hid- j Ing the fart that when they ilrst came out bore they were a bit sore, because they wanted a big "all-American show." Confidence In Foch But that feeling Is gone now. Through out tho American ranks there Is supreme confidence In General Foch, who Is now a hero to our men bb well ns to the French. That feeling is general now ln all tho Allied armies. The Americans know that they are no longer a Bide show and feel honored to be an lm portant part of the great machine dl reeled by doughty Foch. This means. perhaps, more than appears on the aur- The Allied command has requested American correspondents to be careful in their predictions and conservative ln announcing results, which will first be outlined in the communiques. But It Is safe to say. and the American people may well know, that the end of this suc cess Is not yet. The fight which started on Thursday mornlnc has now reached the third phase. The first phase consisted of the French and Ameiican surprise attack on Thursday. The second phase was the counter-attack of tho Germans, taking place Friday and Friday night. The third phaso was the resumption of the advance of the Allies, which began again Saturday and still continues. Tho battle Is fast developing Into the greatest struggle of the war French, Americans, British and Italians are now engaged on a front reaching from Sols sons to east of Chalons, or about a hun dred miles. In all these phases It has been the part of the Americans to play a big role. In the surprise attack It happened to be Americans who pushed forward furthest south of Solssons. In halting the German counter-attack the fiercest blows were parried by our men. In following up the Germans none move fater thin Uncle Sam's fighters. Tribute should be paid to the part that our aviators have played In the fighting. They have Inflicted heavy losses on the enemy. Our observation planes rendered Invaluable service In las. week's battle. The Allied b&mblng machines caused heavy German lnses by destroying bridges over the Marne, and yesterday our pursuit machines were hovering thick over the Marne to prevent German bombers from Interfering with the cross ing of Allied troops Tared for flernmn Wounded On the outskirts of the city the resi dential districts were In much better Shane. Here were found perhaps three score persons who had stayed on through I nil the hell that had raged there. Among , them was Mme. de Prey, eighty-seven I years old. to whom homo had meant more than life. She had occupied her l seven weeks caring for German wound- rnoTori.AYS 333 MARKEToT.'l'o iTJJtEl? ORACE D'ARMOND "THE CRUCII1LB OF LirE" MODFF i:i S0VT11 ST- Orch..tr. ;viv-'iii,L, continuoiL t to 11. r. i tir.u ii,Ai ii.x In "THE MAN HUNT" PAT APR lsu MARKET STREET r-L,-Vt. in A. M. to 11U5 P. M, MAE MURRAY In "THE IIRIDE'S AWAKENING" PRINCESS ' A'ATifir!? EMMY WEIILEN "" In "THE HOiSB OF GOLD" RFP.F1MT MARKET ST. Below ITTH 1-lVJC't,l 11 A M. to 11 P. M. VIOLA DANA In OPPORTUNITY" v RIAI TO OERMASTOWN AVENUE flrtl-ilV- AT TULPEIIOOKEN ST. nt'SHMAN and 11AYNE In "SOCIAL QUICKSANDS" RIVOF I 05D AND HANSOM STS. rVlVULI Matlnta Dallr NORMA TALMADOE T In "THE SOCIAL SECRETARY" RI IRV MARKET ST. UELOWTK KUDl 10 A. M. to ll:U F? JUNE CAPRICE In -MISS INNOCENCE'! M. CAVPkV W MARKET STREET OtVJl H A. M. to Mldnlahl EMILY STEVENS ' In "A MAN'S WORLD" CTAWl PV MARKET ABOVE 18TH Ol AINL.CI 11:111 A. M. tn lius p y MADOB KENNEDY tn "THE SERVICE STAR" VICTORIA "ABRrT.f.TiitiB5!T12 THEDA BARA In "A FOOL THERE WAS" , '- ,' ed. A French general, who learned what she had done, this morning kissed her withered cheeks In homage. Thero were in the midst of this war wreckage a trio of children who, left out of doors tho first time for so long, made the best of their opportunity. Tho magnificent stone bridge over the Marne on the Rue Carnot as blown up for almost Its entire length, Taking the city ns a whole and con sidering what It went through It Is In surprisingly good shape. The center of the town Is wrecked pretty well, but more than half the city is habitable. I happen to know that notices have now gone to former Inhabitants that they may come back to their broken homes. Generally speaking, most of tho damage was done south of tho Marne because the Germans shelled the Franco-Amer- lean troops there so heavily. The districts north of the river have not fared so badly because the French respected their city. General Foch had forced nn evacuation by strategy and raxed furthc- destruction of the his toric place dating back to the eighth century Surmising few dead were found In the city .Small groups of German bodies were found In several cellars and here and there on the north bank of the city lay a bocho who had stepped Into nn exposed place. But the Germans had left without making n stand. As we turned south to leave the city, up tho side of the road came a line of boys in brown, going on their way through the city where they had helped to stop the Germans. They were a gay lot, full of "pep," and why shouldn't they be? In years to come American tourists will go to see Chateau-Thierry They will not see tho debris nnd carnage I saw, but it will be many yearn before the war marks are wiped away, rte member that on that line of white stone houses on the south bank of the liver the American machine gunners, after a thirty-hour ride In camions from an other part of France, placed their tools of war and held for thirteen hours against the mad rushes of the oncoming Germans to get across tho river seven weeks ago. Through the city runs the Marne, while to the east the Americans met the bochc last Monday morning and threw him back across the stream. To the west lies the Bols de Belieau, where the marines drove back the Invader on the main approach to Paris. What would be the situation if the econd division of the American army had not held on June 2 around Lucy le Bocage? What would be the result of the Crown Prince's now unluckv drive If the Americans had not thrown back tne Docne last -Monday between Chateau- Thierry and Jaulgonne? May history not record that the w-nrM war reached a turning point nt Chateau Thierry, where the Americans stopped the Hun? " GRANTED NEW TRIAL Case of Negro Convicted of Killing De tective to Be Reopened Judge McCormlck. of T.uzomn -,,),. whn presided In this city at the trial nf Samuel Poles, a negro, twenty-two years old, when a Jury rendered a er dlct of first degree murder ngalnst roles, charging him with the death of Detective George Williams. today granted the defendant a new trial M'lccs Flnletter nnd Monaghan con curred In the action. ,..-?, ? ""'"!." or ' al at Therrwas some dispute a, to who fired .-. -i. .- i.m-j t -... - " - - - iuc biiui iiirtL ttuieu wviecilVO VYI.Ili.tll9. i STI5AMHOATH Acrosi Philadelphia Nina davs" tour A. 11. III IHl III aa3lc&r!: H VOjB i J 3tv'b gi7 ft Hai iM ' 1 VVHHHn-a..A,f Can You Cook? or sew, or launder, or nurse? If you can, why not make money out of your skill? Just describe your ability and experience in a Want Ad and put it in this newspaper today. The little Model Want Ads below will guide you, And you, Mr. Employer, should solve your home help difficulties with our Want Ads. Just state your requirements, the price you'll pay and your telephone number or address in a little Want Ad. We have helped many women find household help and we believe we can help you. Here Are Model Want Ads for Employer and Employe WANTED Coolc In private family of four. Mutt be thor oughly competent tn do all ordlnarv rooklnc. heferencea required. Hlchett waiti. Tele phone -, Through little Want Ads like these you can; talk to thousands at trifling cost. Read and Use the Want Ada on , Pages IfS?S mCEOfF Decrease of 17 Centi",!' Carload Lota OrdfP A decrease of seventeen cehtaal In the price of flour In carload'HUb b. mill, was ordered today by ' administration grain corporation! sent out a new price list 8Ch flour and mixed feed to 7000 i'v.,,to iniuusiiuui too country, fat Tho new price of flour a barrel M lots at Philadelphia was fixed at II IK as against $10.73, the old price. JSW . 3 ,....,. vi ,i,,Auu ,u wtia uiucassa 419111'. , $26.59 to $31.11 a ton. 4tVj ju announcing mis scneauie, thf administration atnteri that "i ! o!fc. freight may be added to get flour.- ecu iu uesunauonB, even inoucn results In higher prices than thei controlling mills at such destlMtl nolnts. ' 1-. .- ii a. .1. .1 .... ?j tlon announced that 'soft wTieat f I?,1".1" "2L'eas 'han ? V".. Sid fremft In5?rh7.l "SSlfl sold VtTpric'e nomorethin'M ton In excess nf tho tiinylmum tTuf.. i scheduled for other wheat mill fasdsVUvi 7U? England Facing , i internal f!riml2(t&- i ontinuen rrom Poee One , 't thiough our military reprsnttviSL the provisions for brigading with British being only partly adhered tdsM) Change Would Help Enelana $W&, Now equally solid consIderattoMP I' oeeiu iu wan tor a revision In the atV icliiuii ui jQiiiisu exigencies. Thtei war is fundamentally a single Interest;!;,' nnd what Is anvborlv'n trnnki. - '- UJ..L ...U1 -..Pi.., ... . . Yi& Uu, a wuuu.c. ivneiner it creaks out "Zl in Birmingham? or In th n-"ic'T'K! repercussion is the same on thelitS? Marne. tt h, Americans who are on various form'iwil of serves and are watching the devlt' ..,.. .I10.1W! remise now danger majef ,; be written across the skv. .sd .iizJin1 body knows it without our absent-mlna-M r.l alliance taking steps to combatYlt4W They think that Washington m'JSSiI wait to be asked, but should offer hsta in the matter where self-interest JUmnsCU with generosity. If the war were bInra-! managed by a single intelligence all aS,v forces of the varied Allied .n....ZVt would be treated as a whole and utllliaiSH to the best advantage. It Is nn, . ..,-'V'' tlon of how strong a government ought 'if to be. or how patriotic labor or howXi and comparisons between one nii vOS$k another are worse than profitless at tn4 3 time. Matters are moving rapidly o- v"-l ma war iront. ana only one main qnes-'i tlon exists, which is how to "make everr'? corner a cut." ifw ino general dislocation and upetlv.''!S Bngland. brought about by an honest . ..w. . m wv. .it. , .-. tiuu cross ner waVrw in fulfilling her honorable obligation.'''"'" may affect the whole Allied poslttefc.-iT conceivaniy micht heenma n.nmiii-1 daneerous than th Ph.lr.. ... sU-.-K American observers nre emnnati, iM 'c?r- ......i.a w..ctiiwsi. L: Ing that Kngland should not be allowtfP to shake the structure of her iwmsug clal and Industrial life in order to rit "t iue inn iiower tnat in Doth quail and quality may be better drawn America. It Is clearly bad economy withdraw old men from useful htiati to send out bovn luat nv ntwU.?Ar7. transfer, hr.nH. eZ. Hi.rTik!' 5 munition-making, agriculture nt ii Important of all, coal mining, which hs? suffered most. The strain on th .ftmi?t!r prnment mln-lit nrnv. ,n .... ?jT.ir. S ., .... .-.v ,u iic.i iur is.vtv Jl The present situation Is one that atataijl calls attention to the need ,of extendbWiT5' ...., i-.... ,.,'"-s wi. ui.itjr lumn niRWONUi'-! a nn nrimlrnhlv 1, Mitu . "-T " .. -...-.. u.. iUB in mi vary Blue. V H ", STKAMtlO TS -jjc-, -rr. -..r Beautiful Lake Ontario Down the St. Lawrence Leaving Niagara Falls, August 1 Party Leaves Wednesday. July 31 f ffiM A WONDERFUL CRUISE -m By special chnrler nf the tino modern steamer lRoehestfjrf;,,-4ir?-1 nf the Canadi stesmshln Lines. Ltd. Vlsitinx Nlasnra Fall.tiAUf A oriintu. ..ii.itiiin . i, i.,,,-, i'iiiiiikui, iiurutr, r... ,.. se.HMF',1! lleniiitre. 3Iontmorencv Tolls, Murrnv ltur, Maruennr Hirer. j 4 Tndousac, Lake Chnmpluln. Auaable C'tmfcni, Lnke (itMirst 'fe Hudson Kl.er. New lork tily. J-3 1350 mile by inland wattn -li Inclusive Price $160 Upward '": Tinrtn c'RiiiKK nEf.ixs AronsT .20 i, . 'or resenritlon. ionic, ciin or wire. .-n-S American hxpreis travel Leepartrasm iwj iiiNTiiiiur.Ki. oiMoa WiTi IB n" te'itia 1137 I liesIIHIl 71.. -niriiiriiiun. . ...JliirjS lhones. ivHinui i-ii'i 11.1-0 iiiw , Jljfvi 3 , Or, Your nun ?ounk 'svl?'4rifa IM1.1 I V- iMmi rf Ii- SITUATION WANTED aa laun dreit. Thorouuhly experi enced, ivood refereneea. Can . come Thursday oi Friday'. I per day, Addreaa: k IS and 17 m ,W.. ij Wi A.3 v'PSSSi A ysjwi r&m ,-"-' 2fli2 mi rS- It Lf liitiS I'.'.'t -" . ft ii wv4 ' t'Jiiti .:z.i.i i . t" i rsi: l"um