t M firr 'ji i ' iia i i f i r 2. t - v a - j WilV . ?f ' 1 ' . "'' ; r t 5 -Pr, . . .j,., ') 1 si ' . 1 m 'M V EVENING PUBLIC LEDGER-PHILADELPHIA, SATURDAY, AUGUST 10, 1918 ,r. 7? NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK MARKET QUOTATlOl A w- ibaat iw i: v . IS fc &' NEW YORK STOCK MARKET RISES ,' ON NEWS OF ALLIED SUCCESSES, WITH SHORTS COVERING LEADERS Further Advances Are Recorded in French and Sterling Exchange Steel Common Moves Up to New, High Marine Strong High Points ill Today's Financial Neivs Continued encouraging unr uric? from Prance caused advances for steel Industrials in Xcw Yoik stock market. Kxchdnge on leading Allied countries advanced. Rhoit'tcrm note took the lead in Gurh finding. Grain teas loner. Cotton adianccd. The monthly statement of the United Btates Steel Corporation shotted a dccicaic of S.'fiGo tons in unfilled order on July St as compared tilth the unfilled tonnage on June SO. In the ueckly New York bank statement there ucrc laipc increases in aicrage and actual loans and dectcasci In rcvciici. Hank clearing throughout the country this it-ccfc ucrc ahaic same neck in '.17, but bclnw last u cck. Bar silicr uas unchanged in Xcw Yo and London. Nctv York Stocks 34 n 34 0? SO 41 U "B'fc 3 42 tt HO nlVi 78,, oitt 3 34 0.' 70 2 nTS. 4S" . K0f, 07tt New York. Auk. 10, The stock market was wholly dominated In the half-day's tradinc by the continued Rood news from l'rnnce, telling of the further Allied lctorles, and this news was accompanied by further advances In e chance on tho leading Allied countries with cablei on Paris ndnnclnjr to 5.67, the highest reached since August, 191 S. This Improvement In the exchange situation was regarded ns reflecting a belief abroad that the change In the hostilities has necessitated a rearrangement of commer cial financing. The most direct Influence of the war news on the stock exchange was to cause covering of shorts In all tho active Issues. Tho steel Indus trials generally rose 1 point and the marine stocks were also piomlnent because of vigorous bujlng. United States Steel advanced 1 point to 112U. making a new high record for this movement, and I'.ildwin locomotive advanced to 964, Bethlehem Steel "B" also rose more than 1 point, selling above 85. Mercantile Marino Issues wcio Influenced by a revival of leports that the closing of tho sale of the British lines Is close at hand. The common rose 1 point to ITU and the preferred 1".B to 11068, Some of tho copper stocks wero nlso active and strong, with Ana conda moving up 3t to 07 and American Smelting advancing H to 79'i. There was urgent buying of Liberty 3V4s again this morning, with that Issue again selling at 100 02. The 4'is ranged from 95 10 to 95 26, and the second Liberty 4s sold at 93.76 to 93 80. AJnx nubber . Alaska Oold M Alaska Juneau Allls-Chalmers. Am Agr Chem. 9! Am Beet Sagar JO Am Can , . 4?"V Am C & KdyCo 8S dj pref 101 107tt mitt" Am II & I. pf. 81 HI'S. Hl Amer Int Corp BStt rtm unseed . . 43 do pref . . .80 Am Loco . ni'ii Am Smelting- . lVi. I Am Sum Tob . 1S0V I48V4 I'OVi .m Mtcei fury 74 7411, 74 Am Sugar.. ..110 110 110 I Am Tel & Tel. 0 91",, 9J Am writ I'a pf S8H 2HV4 Annconda .... 7 nn I Atchison 84V4 84 I Atl Glf & W I 1047. 104 llnldvvln Loco.. 064 OS')., I Beth Steel B.. 88V4 844 UKn imp Tran 40 4o nootn i-isns 1.0 37W S7 uurns iirnn . . 143 Duttc & Sup Con so Can Pnclllc ...1MTA 1ft Chun Motors.. 88'4 8HV4 cm m & str . 40 Chi M & Stl'pr 7S?!, Chi & N'vvstrn un Chi It t&Pae Ic 24 CHI&I'acO pc pf 63 tt CHI&P 7 u c of 7S Chill Copper... lOVs l Ol F &. I ... 47 Col C3 ft i: . 35 Corn Products 44 tt do nrof . . .100 Crucible Steel 00 Cubn C Hugnr. 30 H nel L &. West. 10 Dome Mines . . 8d maimers Kec. no1,. 14 38 00 v 145 141 1 IH Now York Bonds SHARP BREAK OCCURS IN THE CORN MARKET Better Weather, Crop Ad vires and Excellent War News Cause Selling GRAIN BELT WKTIIER FORi:C.T Chlraio. Aiib. 10 IlllnnU I'mwtllrd nlKht and Hundny. probublr hoerH north. MIsMHirl I'ulr tonlnht nnd Simdnyi not quite o warm northnrnt tnnUht. Htronln Unsettled tonleht and Run ans. prolialdy bhonrm eafit und houtht fooler Sunday. Mlnnenota Fair tonUht nnd Sunday; cooler tonlcht nnd In eat Sundn. Iovrn rolr tonliht nnd Kimda: nllichtly coojer tonleht nnd e.mt Stindat. orth Itnkotn Fair tonight nnd prob ablr Sniidn nnrmrr. Honth Dakotn 1'nrtlv clondr tonlilit and Sunday; nllchtly cooler emit nnd cen tral tonlrht. N'ebrnnka Fair tonlxbt nnd Sunday; omen-hat feoler enkt tnnUht. Kanaaa Fair tonlsbt and Sunday; not , ;irm nortbe.int Suiidns. Montana nnd Wjomlni I'nrtlr eloudr InniKht and Sunday; probably (dunder how cm. rlilrnEO, Aug 10 Favorable w-eather and crop advices and additional excellent war news led to n rush of selling of corn by commission houses this morning, under which the market broke sharply. Support was weak and the buying scattered The receipts here today were slxtv-slx c-irs August was quoted at $1 574. against J1.B?H at the end yesterday Septem ber started at $161 160A. against 1.64?i at the close yesterday, and later sold at M.59TJ. October opened at SI 62 to $1.6174, against $1.63S at the close yesterday, and later sold at jl.6i;. In sympathy with the diop ln'"corn nnd on good weather, oats also weak ened. On the'decllne, thero was bujlng by a leading shipping house. Itecelpts were large, amounting to 37B cars here There was less talk about exports August opened at 68 c, against COMiC at the end jestcrday. September started at 69So to 69?4c, compared with 69&c at the end esterday, and later gold for 69c October opened at 70Uc to 70c, against 70c at tho end yesterday. The reclpts of wheat at Minneapolis and Duluth today were 284 cars, against 136 cars last year; at Chicago, 7S6 cars, against 71 cars a year ago, and at Win nipeg 6 cars, compared with 140 cars rw'KS. uiu,r." ra."'el as follow Corn (new delivery) y,..j,... Open High Low c-ln. HL SK.-"T V5?a iV: HS5 155J. !.. Oats- Sept. ... (10 H no s Oct 70 70' Philadelphia Markets l.B0 l.UOV. l'03V, L.ard Sept, ...28 62 Oct ....16.70 Ribs Sept. ...34.40 Oct. Pork Sept. ...48 00 08Vi DO1 (lS'i CO'. 00 li 70 26 75 20 75 24 .13 !4 07 20 02 20 70 24 40 24 07 20 75, 20 00 20 75 2tt 00 24 52 24 07 24 4(1 .') 05 44 40 43 00 41 40 44 00 LIVESTOCK QUOTATIONS h.-!ilc',r; Aug lO'IOOS Receipts 7500 head: left over. 3407 head Htrone Ido A !Jan.. ",c(ly' averaee Dulk" 118 5020; butcher heavj. Jill 2510 85: ?,."&& jkt1'. I1B750JO. parkin how." fl8 5020. butchers' heavv. $11) 25Tin h5 ! Ig.. tlst ht and mixed 411) noWJO 05. plii ,l8.?i.5,??- rSun- " 7B018 25 CATTI.E Receipts 2000 head Steady. SHEEP Receipts 3000 head. Direct. Kansas City. Auk. 10 CATTLE Re ceipts 1000 head Steady y,99&"TntJ"D'" lm nea" Steady oIIt.Er None. Su,!h "maha. Aur. 10 HOOS Receipts 7700 head. Steady to strong Rouith Jib ID In gA'TTI.E Receipts 200 head. SHEEP None. Cars 118. K"Ht Httfralo. Au. 10 CATTLE Re- JJlP!' B.00 ed ?ifnn' Veals Receipts, 150 head. Slow. J718 10 HOfIS Receipts, 1000 head Strom; Heavj. 120.75621 IB- mixed "'jorkerVa'V'd '.W. XTkers. 121 21021.33: Piss 21l :!,J,.V,-.J?,UBh;.,,8W,s '-" 'lB 121B SHEEP AND I.AMUS Receipts. 200 rSa.1. Active and stronB. Lambs J14 18 50. others unchanged rittsbiirxh. Pa.. Au 10 HOGS ne- reipts, 10U head SteadJ Heavies, 4-0 40 20 50: heavy Jorkera 121 40W21 50 llirht yorkers 21 2121 4(f plurs 120 noiffnii 71 SHEEP AND LAMPS Receipts BOO head Bteadi Top sheep. $12 .10; top lambs $18. Top. $18 B0 GRAIN AND rLOUK WHEAT Receipts 130,340 bUfhels. Tho mirket ruled firm Quotations Car lots In xport elevator, Government standard Induc tion, standard prices No 1, red winter, $-' SO. No 1 northorn spring, $2 80: No 1. hard winter $.'30, No 1, red winter, gar licky $.' 17. N.52 rod winter. $2 30, No. 2. northern spring J J 3(1, No J, hard winter. $2 3(1 No 2 rod winter, garllclo. $2,34: No .1 ied winter, S.' 1.!. No J northern spring. l.'1.'.Xo 3 hnril winter. $J 3.:, No 3 rtd winter garllcks, $2 1(1 CORN Receipt-. J'100 bushel". Offerings wro light, but there was llttlo trading nnd prices wcro ensler Quotations Cur lots for local trnd No 2. ellow. $1 87 1 NS, No. 3, jellow, fl.MKrl S7 OAT.S Receipts JS 3S0 bushels The mar ket was uulet but steadv under moderate offerings Quotations No J white S4H Mic, stnndird white. 81i4M4c. No .1, white Sllj SVic. No. 4 whlfe SIViasjVjc I'LOURl-ReceiptB 4N0 140 lbs In sacks. Trade wis slow and prices favored bujers under fairly liberal offerings Quotations Tn arrive. ,er lllfl lbs in OS.ib sacks -, In ter wheat 100 per cent flour. $10 03 Is 10 1P0. Knnsis whint, 100 -per cent flour, su jlw 11 id spring vheat, 100 per cent flour, $11 2.isrn no R1K I'LOUR Sold slowlv at former rates Ve quote nt $!) 7310 75 per bbl.. In sacks, us to quallt. PROVISIONS The tnnrket ruled firm, but demand wis onlv moderate Quotations follow city beef. In sets smoked nnd all-dried. 47c: western beef. In sets smoked 47c. city beef, knuckles and tenders, smoked and alr-drted. -in,. tiiiK-ni ueei, auucKies ami tenners smokeil 48c. beef Mms $80. pork, family. IiJW'.S hams S. P cured loose 31W32c; JvWnn11 loo'' 31 (if 32c- do do smoked. RISJJIc, other hams Bmoked cltv cured as to brand nnd average 3Jiic34c: bams smoked western cured, 32034c do boiled, boneless 4(lc. picnic shoulders S P cured. Imn. 2H4c. do smoked 2flc- hellle In pickle nccordlng to average, loose. 14c: brenkfast bacon as to brand nnd average cltv cured. 41c. breakfast bacon western curea -ic. iiru western reined 27w-.-7Hc: laru, puro vu. Kettle renaeren 27C REFINED SUGARS High I.OW Close rhge I High iGnnno Am-n.rv e. (in 178000 Am For Boo r.s 57 V 2000AmerTel 6 87 ' -ooo Ann Arbnr 4s 81 2000 Armour Co4 14s 81 I 1000 Atchison 4s 80's 1B000 H & O cv 4t, h 7G' I 2000 Ileth .St I p MO 81 14 ",u" oumpuux bs '.(5 2000 Cen l,eath Ss 14 1000 dies & Ocv I'd" 704 JOOU 00 cv b 81 14 JStiS1 Alt 3 39, 44000 Chi H & Q 4s 03Ts .11000 Col Indus 8s !U, 67000 f-lty Purls Os 92 " 6000 Con Gas cv fis 911? 1000 Horn Can 1913 92 8000 Krle cv 4sSerD G2 1000 do gen 4s .. 63 '4 21000 Oov l--r II 514s 98'i 2000 Mud & M in 5s 18 'a BOOO do rfd 5s 61 2000 Iowa Cent 4s 45 13000 Intrli It T r fm 77'" 14000 Inter Mer M 61 97'i 2000 l.acka Stl Br '60 021. 173000 Lib llond 3V4. 100.03 300000 iln 4s . . 1I3.U4 30000 1I0 1st 4s . 04.30 27V4 4 .i I """ lo 4Vi a 01.10 llnu. Iln .-a. K''""U S.l J1"i 1B3K, V, 88 V 8V4 7 84 W 104 H 01 83 4074 Yt V 41S 71 02 H 24 02 VI 7.1 10 40", 33 V 41 100 H7(, so y4 40 71 I II "V4 - 4 (13 V4 71 10V 40T 35 IS 44'f, 100 flHT, 30 H V4 IH Krle . rishcr Body do pref f7en l'lec Co General Motors 1.10 (10 prer . .. m", Gt Xor Ore sb 324 Inspiration (Vp Rft Int Hnr of .N" .1.10 Int Harv Corp. ttSli Int Mer Marine 27i do pref . . . .lOOHf, Int Nickel . . S0V4 Kennccott Cop 34 V. I-acka Steel . . 84'f, LehlRh Valle.v. 57 Vi Irllltrd 1 rts lSK, Mex Petrol .1034 Uldvale Steel. 03 Vi JIo Pac 23 Nat Tnam A S 51 New York Cent 72 Vi N Y N II & II. 40-v4 North Pacific . nt, unto uas . . . Ontario Sliver Pennn R Pitts & West., ritts Coal Press Steel Cnr 71 ttv bteel KprR 03 y, Itay Con Cop. . 24 V Heading . HO'f, Hep Ir H Steel 03 Sinclair Oil 33 H Southern Pac . 81 Southern H 11 . 21 Studebakcr ... 41 Tenn C . C vv 1 10V1 1 exns to Tobacco Prod 103V4 105 8 8 50 14 379, 00", H 50 , 14T ,(, 37 1)0 l, i4n, vi H114 32 i l.'O 4 27 00 30 33 844 57 Vj 15V4 148 8I(V, Si 5"i I '0 0TV4 27 00 SOV, 3l', H44 57 13 1 A 1014 103 53 53 40 0 44 35 51 2 51 72 304 88 40 0 4 1 34 51-4 7 Hi 03 24 80 03 31 85 23 45 10 1.11 133 153 70 70t4 70 t 2 31 72 40-, 88 40 0 44 3.1 5104 71 03 24 80 01 33 811s 23 .. 45 10 (In 2il 4 Ma III 00 liiinu .Marseilles 6s. 94 1000 Lons 6s . 94V 4000 Mldvale 6s 88 1000 Mo (1 & T 4 Vis 26 20000 Mo Pac Ken 4s 58 110UO Mont Power 6s 89 3000 Notf & W 4s Sin, 1000 Pete Mn.ni 6s SO'4 3000 Pa 4s '48 84l(. 1000 do en I '18 94', 4000Slnclr Oil vv 7- 94.4 2000 St L I M.1S 4s 76"., 1000 St 1,'SI' In 48' 1000 do ser A a'i .'000 Siah At, ndj 5s 54 2000 do rfd 4s . B61.2 7000 So Pac vv 53 '1014 3000 do iv 4s 794 7000 Tovus Co 6s 98 21000 1 S Hubhtr 5s 80 1000 l'n Pac ov 4s 834 6000 ln Itvvjs s f 4s 98 '4 lOOO I of G H . I 5s pii), 13000 do 6-h 19 9SrV 74000 do ;, '..s 11 19 99 f, 16000 do 5,s 'Jl 95, 6000 Vn 6s Hr Hros t,0 4000 West .Md Is 58 V- Low Closo 94 94'i 97 , 97 87 87 81 81 '4 81 s 81 , 80', 80'4 76 76 81 4 81 4 96 9B 14 94 76 '3 761, 81 814 111? 39't 93 4 934 14 94'2 91 ij 91 4 99I4 99 92 91 62 62 63 H 63 4 '18 U 98 '4 1S 18 B8' 69 4.' 46 77 77 '16 97 it 92 . 92 0U 08 100.0(1 01.70 1)1,92 04.34 04.30 01.10 05.3(1 U1.70 04.00 9 4 94 'I44 '14 8T 88 26 26 68 18 88 8S"4 80 801J 80 80i2 84 84 94 ''I 's 94 94 i, 76 76 48 48 SH B'J 54 64 66 661 j '10 904 79 79 H 98' 98'.. 80 80 M't 8(i4 98 9S 99V, f(-j4 98,V 98r 99 13 )'.?, 951.4 'ISi, 69 69 58 58 ', SHORT-TERM RAILWAY NOTES LEAD ON CURB Philadelphia Stocks Growing Demand for Thcso High Interest-Bearing Doc uments Oils Are Steadv New nra, UB 10 Nearly all the Interest In the Hrood street rurli market todav vvas attached to the trading: In the short-term obliga tions of Industrial nnd railway corpora tions This business hns been oxpnndlnp stcadlh with the high Interest hcirlnp documents brlnjtlni In uritent buln; from Individuals and Institutions, nnd has taken the market aunv from the regular short-term nolo dealers Pederal Farm Land 6s were traded In this morning from 10,1 to 103 and I'nlon Pacific 6s sold nt the new high record of 101. The stocks traded In were generally heavy, motor Issues being affected by the order curtailing production 60 per cent, causing selling of Chevrolet which dropped 5 points to 134, and Vnlted Mo tor sold down to 32 There was little huslness in North American Pulp at 4 to 4 Wright Martin was firm at 95, Aetna Kiplo Fives sold at I.V4 to 11 Oil stoiks were stead), with some Is stK s making slight advances Houston sold at 77 and Oklahoma nt 6 Mining stocks were steadv and with out Important changes Ohio Copper sold at 1 to 1 1-16 Burns Uros Ice sold at 351,, IMUHTItl W.N Vest close Ask (silcl Total siileh 7.(,(i 1,000 seslcrdnv. this insr week. s'f.ouiMioo. S1.090.0O0. rpnipirrd week UNFILLED STEEL ORDERS DROP Tonnage to Be Filled July 31 "Was ;..,()6.") Tons Ilclow June 30 - v New lork. Aug 10 In its mont'nlv statement Issued todav tin I'nlKd Stntes hteel Corporation reports un filled orders of its books ns of lulv 11 of 8,881,801 tons, comptred with 8 918 8d6 tons on June 30, a decrease nf 35 065 tons and with 10,844,164 on Jul 31. 1917 Monthly comparisons of unfilled ton nage since January 31, 1913, follow I'nlon Pacific. 122 122 123 S, It I nl Cigar Strs 101 101 101. H I" S Ind Alcho 120 128 138 r- 1 Rubber... 01 01 01 1' S Sm &H pr. 43 42 43 I S Steel ...113 "1 12 -4-1 Va Car Chem. 51 .11 61 Wabash 0 0 0 Wabtsh pr A 38 38 38 IVest-housa Mfg 41 41"i 411)4 Worth P & M 04 04 04 Wllson Co . . . 30 50 60 1 White Motors 40 41 40 1 Will's Ovcrl'd. 20 19 20 Month of Ion' lllh I01K S SSI HOI Tune Mnj Apr . Mar . 1! , Jan Dec Nov . I Oct 1 !iept . Au lul Tune Mk , Apr Mir . ,, I Feb . vi I Tan 1 lec . I No K'"- 'i'i . Aim Jul. lune 1018 Ulls 101S 101S 19IK 1U1S 1017 1017 11117 1017 M01 Hi of- V.,.1 KM'. i'l'sr,1!" auk inn S-Ji'sd ,nl' ln,fl N 741 8S3 jun(, -nil,-, "!22 1-5 " Il,,r' K 7?? A", inn II3S1.71S ilX n ill I .I'll i) (Km 11 Inn Total firilffl, 211.100 hiirfA. romimred with 3 in. 100 r-hnrrp. rstrrlav; thin wrrk, 1,300. 000 hhurt'Ki Inht urek, 1,303.200 shurrs. P274c Trado was nult firm on a basis of 7 but the mirket ru.prl 5(c for flno KranuUtd NEW YORK INACTIVE STOCKS Following are quotations for Inactive New York stocks and in which there were no transactions today The price given is the last previous sale: Adams Hxp.. 61 I.orlllard P nf 103 Adv Rumelv. 164 frfjose-WIl Bis 30 Allls Chal Pf. J4o Inose-WIIes 26 Am ACT sjn pl - """" if-iD o; AmCSnpf... ?J Lorlllar.lP. 160' r.y Cot Oil.. 4t .Mackay t ( K11 477 1017 10 407.01(1 ", lilt" 1 n O 4 4 1 It I '"' 1017 II 1K1 "JS7 1017 11 SSO .101 1017 PJ 181 OSt 1017 11,711 (141 1017 II 17(1 007 1017 11 474 (lit 1(11(1 11 117 V.'Sil mm ii ois -itj 10M lo (ii.i 'Jin 1111(1 10111 loin 101(1 0 53J II (11,0 117 0.101 Sept , Auir Tilly Juno Miv Atr Mar . Poll . .in Pee No l . Oct 111 101,1 1011 1014 1014 101 I 1014 1014 1014 1014 1011 1011 1014 1014 1011 1011 1011 1011 Slav. 181(1. Apr 1B1I1 o'lMl 4-s Sept . 1011, 5 001 78' It d-fll 4 IS , miQ ( ltd o oit tos Aua . inia o --' " ... f,,t. Mar . Fell . Tan Dec , Nov , Oct 101(1. 101(1 ItllM ion 101.1 1011 Tune 1011 1011 1011 1011 1011 1011 1011 lllll Attna Tploslves 13 Am Itrlt Mfg .1 Am Maiconl . Am Writing Paper i Air Reduction 01 Canadian Car Co 31 Con Car & Kdry pfd so Chnrcoal Iron 7 nidi I Chevrolet Motors jci5.30l.oooi. Cramp Curtlss Aeropline Cat well Tool Carbon Steel I Ineraon Phonograph Federal Dye Ilendee Mfg I.ako Toip Boit Lehigh Coil Sales Lima I.oco Maxim Munitions Marlln Arms N Y Shipbuilding N'or Amer Pap Pulp Otis l'levalor Peerless Motor Poole Ing Itedden Truck Scripps Booth Standird Motors Steel Allos Submarine St Jostph Lead Todd Shipbuilding. . Triangln Pilm United Profit Sharing I' S Steamship United Motors . United Sugar World's Film I sin (in , WrlBbt-.M.irtln All 2 W J!!; '"'c C oneent . . . 3 7,ST n'il hTM)AIlll OH. STO( Us j lis iso Illinois . ... 157 101 4 OIJ S17 I Ohio . . . 318 1 DOS JdO Prilrle Pipe 211 4 'J77 (ins Standard Oil of Cul 330 i I1": ! Ii Standard Oil of N J 630 4 mi ('so Standaid OH of N Y 307 4 -. 1 ns imii;i'i:mii:t on J l!'i JJi , Barnett Oil & C.as -' rn..iAn j:. i i:ik Bahln . . Pedet il Oil . Inter Petrol Houston Oil . Merrltt Oil Mldvwst ltpfirjlng Met Petrol . . Ohio Fuel Illch Low 145 nice Stor 54 51 20 O Aspb pf 67 07 709 I.k Sup C 30 V 30 10 Leh .Nav on 08 2.1 Leh Val .HIi 574 lOMIdvale 6.1 63 TOPenn It H 44 44 30Phllai;ieo 24 34 1855 P 11 T t , 38 30 100 Heading 8014 80 00 Ton Bel 3 .1 30 Ton Mln 3 2a4 208 l'n Tract 17 30 10 IT (1 1 (11 (1,1 3000 V S Steel 113 111 1011 War I &R 8 8 I lose 64 07 30 60 57 53 4 2 38 80V, 1 3 .11 01 113 8 Vet i hue RAPID TRANSIT CERTIFICATES ATTRACT MAJORITY OF INTEREST, IN TRADING ON LOCAL EXCHANGE! m ' iA, 1 Wo Ncws Conics Out lo Explain Unusual Demand WhicK 2 A 1 1 Carries the Price Up Two Points Steel Com mon Advances to Above 112 ni.HnA.&J ..(. . .. It.. h(I ll...( I.. 1 1 II MM i' " iiiuucicu viiiuaiiy tin uiicicoi 11. iw.j-.- 4281 sharest last week, 24.0IH slinres, IIIIMIS HlKh Low 83000 Lake Sup lnc 5s 58 5000 L V ami 6s 120 100 Lib Bonds 3 'is . oo oo 710 do 4s 01 III 3800 do 3d 44 sol 88 00 00 IH 40 04.80 ( 1oe 58 130 00 00 1(3.40 04 80 Net thse 1 Total sales. Ml 010. mmparrtl with 10, 750 jesttrdat I this week, JIU.lOOl lust week, (I4K,VOO, Local Bid and Asked Tons 1 317 (US 4 nos in 4 O.'S 140 4 (US lllll 1 JI14 51IS 4 HI.! J4I 4 2"i 740 4 111 171 I J4S 171 114 80 17 0 IIS I 111 4 84 41 l 78 43 1 47 14 50 30 1.1 4 1(1 14". 87 Ih 0 32 30 0 I 1 I n 3 1 7.1 4,1 00 K 117 HI IS K 123 3 3 30 6 87 111 81 40 4 .13 111 70 13 30 11 (1 17 16 11(1 0 33 31 004 3 IK 5 0 .13 10 (ipld Transit trust certificates share trading on the I'hlladelnhla Stock r.xrhnnne ilnrlnc- today's short B",' Total, soles. 0307 shares romp ireil with slon. due to their nniisiml kkiiii,i .wi .,.!. . !, (, v, rlfl J t A 1... k . ,... .,.,. .l. , Til, '... ,....,,. a.,,.. ailcllKllli L LUC UULIIIIIK V..W ........a k.B iiiin i -e-ieriiity 1 1111 wrv... --,.. ,. ,, . , . M . X ...... ...t. miunK nnu in such good demand that by the end of the first noiirc, 1 more than 1300 had changed hands nnd tho prlco had been carried upward to Wi -( 4 against a closing nuotntlon of 26 last night, and before midday thertrjr,1 whs a mrtner ndvance which carried this Issue up to 28 for a gain of ?rlA- nnlntu (V, !. -t . .. - .. . . .. .. ..Trl """ '"- s'use price its, up i'. union Traction also aavanceu, enauuj; tne session l point higher. "&j There was no news forthcoming In the Street to account for tho tnsSfe tlonal advance, hut the opinion was quite gcnernl that some announc ment on the lease proposition would likely tome out soon that would explain! wnat had caused the henvv bujlng 'y Outside of V R T. Steel common was tho leader, that stock advanclnU 1 point to 112-4 before 11 o'clock, with sales the heaviest recorded early In &! , anv tcssion for a long time This condition was n direct reflection of the'liAJ condition In New York, where steels and industries, including Baldwin LoCOikVJ I motive were higher due to the encouraging war news from France. fi'S Lake Superior Corporation showed a llttlo more activity than It has farvyiqf several aas. ana the demand tarried its price up to 20. Electric Storage -rt; J nnMa... Inn. t V.... ... . ... . . .. , . 7 s S J "...c... iu-i -4 uui recovered tne loss, l.enign rsaiigation gairjeu fi ma (J Philadelphia Klectrlc trained frnptlonnllv iAjJ i t.ii. ,..,,... .,..., ...... ..... . ,.. .. ,jt.si: ..vniHii luiiuy iwuroaii yieiaeti sngntiv, l'ennsyivania was marKea up shjgijj little and Heading Company appealed unchanged. Slldvale, on a ten-sriarJfiJ irunsaciion, was Higher. . if One $5000 block of Lehigh Valley annuity 6s changed hands at 12M-ii unchanged, and another of Lake Superior Income 6s was sold at 584, up lteTp per cent A1S Liberty Loan bonds were Inactive ??M i ToJiy lesterdnj Ulii Ask HM Ask Amer (ores . in 2(1 ao llaldwln 01 IMP. 1(14 K41. Hrlll ji . J.1 -H lluftato & .Susq t e 10 Ml l( (K( Elec Htoraite bV 14 54 64W (Jen Asp 13 11 .11 34 lo irtf i il' j t!7 on OS Uev Tt 1 7 x 7 S do iref 47 4 1 47 411 Lake Sun Corn .o"ii JO'a ll 10vj I.h N"a (1st, i i i.su 00 I.eh Valle 17j5 Is U'U 6J Penna 41' 44 41's 44. Phi a I.Iec .'! SIS "1 -4' Phlla fit i'S .'! -'S JO ilo n ii r prof (- 1. 13 14, Thlla UTlr 37S JS J1S -'IS IteadlnB s(l Oil shW s1' Ton Pel ', 1 L"s 3 Ton vim . JS JS -JS :'S l'n Inn 17 .is 8(l ''t v a i ni'i ni i "Ti U H Hteel nil, nj lIHiS IK' York n 7'5 "'i " " do prof in'" IJ IOVj IJ 1 m t ramp tt fcons Ml hj 80 8J onicl.tls of railroads operating eastward from Chicago and St. Louis re- PHILADELPHIA INACTIVE STOCKS Following are quotitlons for inactive stocks listed Ui the Philadelphia Stock Hxchango and in which there wero no transactions today The price given Is the last previous close: Acme Tea pf. 7D Lit Bros .. . 26 Amer Gas . . 00 Little Schuyl. 48 A a wir. .. 1 MInehlll . 50 Amer T & T C 95 N J & S. . . SOW Alliance Ins.. lOUVorthn Ten . 60 11 Nor Pennn . 86 62'sl'a Salt Mfg 83 20 I'enn Traflltnc 2-i 12 Phlln. Co . . 21 25 31 131 .133 317 321 621 Amer Mill Amer Rijs pf Amer Stores Amer Strs pf RrlU J G Camb Iron Cam Steel Catawls 1st pf 62 (jaianis za pt 54 Con Trac XJ 6 6 "A uen AFphalt . 33 Vj lit tt ii T Ht .l II T pf Ins Co of X A Ke stone T C Key Tel pf.. Leh Val Tr . Leh Val T pf. Phlla Co c pf 31 Ph Co 5 p c pf 25 Phlla & West 6 Ph N Ilk wur 121 Phlla Trac . 63 Un Co of N .7 1S5 IT S Steel pf.110 10 War I & stl S'i 17 W J R. Si. i 33 26 West'd Coal... 73 7Vi Wm C A: Sons 81 43 York Itwys . 7 'J 20 York Ilys pf. 31 Vi 27 port that while trafflc conditions have shown more or less Improvement dur-'M' ing the last few weeks, and there Is perhaps less Congestion at the largei''2i? points of distribution thiough a better handling of the general freight altua- i tlon. the roads are all taxed about io their limit of capacity. JS3 Business conditions In the territory served by these roads Is In a f alrlyiiji VifiriltVitt elnln nllliniiuli InlniH In n-a InnnHiin a AnmmnUit lfo rroe Vimwrssl iicuiiii; Tii.7, tiuiiuiiii KtusJi ii uu iiiautriiuait; .viiiuiuuti.j ( iiavisi ivTt( r c n Tn lilirH onrl this -1om nil it mornri anrlltin la InnrAtialnro rttT, . ' .v l,, UWIIH1IU 1.W1 ...v. ....!.. jw j t.v.vu..b. t Tltli n ri fM ni 4lin Inmtlurr finnlnp.i In fnlflip tncrra -v 1 1 Urt Vi A et flfn? milium uie uv niu ivuitiiih .triucio ii iuiiij mike iiuiiiui;! q - - Ofllclals of southern roads icport a better distribution of rolling atock'M. and state that tonnage to the South is considerably In excess of the volum 2-v3 nanuieu a ear ugv. iji T!?! IN. t. IS A INK SJAIbAlbiNT COHON TOUCHES NEW HIGH FOR THE SEASON Inircae in Ai crape anil Actual Loans. Reserves Lower in Both Caes New Inrk. Aug 10 The Vcvv York bank statement this week shows Increase In average and actual loans and dei.rr.ise In reserves In both cases Details follow 5.100 110 l 1 H07 117 1 0 124 122 (1 07R 70" 7 40S 010 7 rid 714 7.S27 308 0 6 Am Cot Oil.. V it- Tl nf .28 Am Z I T- Pf 4 Vi Am Ik Note 34 Am BkNliM a r r ft st L si Am Coal .... 52 Am 1M 90 Am Tee Sec Am Ico See Pf 60 Am Loco pf.. 9S"' Am Malt .,, . xtnlt nf. 43a nil per stan- " ',',:,.. i-n 30 it 00 per ease: , Am PhpWd iri, JS 2 rase firsts Am Smelt pfl06 m r,r ts 09 Am Snuff vt-nOK Mo Pac pf. Am Snuff .. ?! Mont Powe AmTcUC B" Am Tobacco.. 160 Am Woo . 5JV4 Am Wool pf.. 95 Am Zinc & L. " Asso D,Go0d3 II IBIrVMl .VOT ?. ir. t Wt nf 64 WO liaid Itoeo pMOOM m y Dock nt(n & Ohio. 54, N Y Docli Halt & O pf. 67 Barrett Co... 92 HarreU Co P'-" Beth S Spc pf 1MT4 Brown Snof ;C 68 tl.ml r si TIL ' 111" ' . . ' BrunswicK nis 64 head Mead ' DIVIDENDS DECLARED Brown Shoe Company. Inc. regular .quar terly of 1 no per share on common pas abtf September 1 to itock of record Au KUt SO. Whlta Knob Copper and De elopment Company, reg-ular quarterly of Ii centt- per hare on preferred payable Auguit '2-i to tork of record Autruat 15 National Acme Company, quarterly cash dividend of IH per cent. paable on Au-a-nst 15 at the close of business. Cooks do not close. ' National Biscuit Company, regular quar terly of 1? per cent on preferred, payable August 31 to stock of record Auxust 17. Jlooks- do not close, Manhattan Shirt Company regular quar terly of tl per share on common, payable September 3 to stock of record Aiiffust 10. Ohio Cities Gas a dhldend of $1 23 (5 per cent) on common, payable- September 1 to holders of record Aumist IS. Acme Tea Company, quarterly of $1 73 per share on first preferred paable Sep tember 1. as registered August 20 GOVERNMENT BON0S DAIRY PRODUCTS niTTTnil Trade waa quiet, as usual on Stturdro, but offerings were lUht nnd rrlnea ruled firm Tho quotation rantred ns fol lows Polld picked crrnmx. -Jttra 4"c: lilgher-scorlnv coods 4 (p'48c extra firsts 4V Ilrsts 44441tc arconda 4-"W41rt fancy brands of prints Jobbing- at filtiK'3c, tholce at noc fair to cood nt 4040c. I (HIS Fine new-laid cgyn wero kept ell cleaned up at full figures Quotations. Free cases, nearuy nrsta n uv'l.l rni per stan oaru case current receipts iz western extra flrnti 113 SO ner $12 00! fl 20 per rnRfl- fancy selected eggs wen- lnnnirur nt ouoi o.'c per aozen. CHKESK Demand was only moderate but orTeilngs were light and the market ruled firm Quotations follow New York, whole-milk, fancj. fresh 2fii 02ft4c: spe cials hlqher do. do. fair to good, fresh, 254 "', Wisconsin whole-milk fancy. 2UU JtiHc, do. do. fair to Rood. 25H 20c. POULTRY 11 VK rino stock vtt firmly held but tho bulk of the offerlnc. was serloflv un nltractUc In qualltv and ruled weak undr ii slow demand Quotations. Fowls 34 33c, bprlni; chickens, not Lp horns. wtlKh Ihir 1 VJ lbs aplccp 3sft4Jc. welchlnff Iff1!1 lb apiece. aiKMTc; white Leshorns nccordlnK1 to size. 33 ft 30c rnr.stors 25 Jllo, dufks Pckln. spring. 33 33c. do, do, old 28J0c. do. Indian Hunner 2C27c, culneas per, pair SI 31 45. nlceons old. per pair, 40 15c. do, ounc, per pair, i URKHHED Trade tas quint, but offerings woro llirht and nr!r niloH Arm nn n& ilo. i sirabIeslKcd stock Quotations an folloun'i ii..ttrt P &. Frcsh-kllled fowls In bbls , fancy, drv-plcked iJnttprlck Co, ulii,; Bwiifctmi u m s- i-i((llll(i -w inn llll'I ot.r apiece. 30c; smaller sizes, 32035c. old roosters, drj picked. 28c. broiling enicUftiu western fancj. weighing 2 lbs apiece and over 43044c smaller sizes. 41tfN?c. spring ducks Lonii Island and Pennsylvania 3tJ6j 37c, squabs, per doz . white weighing It df IJ lbs per doz , !iifl 25, do, welKMni; DO 10 Iba per doz . 77 00. do wclRhlnj. 8 lbs per doz il0 50. do welching 7 lbs. rr uck . 4 lOfl-fi ilo weighing ftftifl1- Ih per doz, 34; lo dark. J1.50O2 50; imall und No 2. $1S2.50. FRESH FRUITS Demand was onlv moderate, hut values generally ruled steady on choice stock Quo tations. Apples. Virginia, per bbl . $2 r0&0, do, per S-bush. basket, 50c I J, .do per bush basket, $12 30 Peaches. Delaware und Maryland, per tl-basket carrier. 12 50 fs 4: do, West Virginia, per 0-bs.sket cirrler, 32$?3 Lemons, per box $510 Oranges, California, per box, $f0 Grapefruit per box, $4S Orapcs, Delaware, per fc-baskct larrier. II 251 50. do California, per 4 basket crate, $1 75. 1.50 Pears Califor nia, per box. $1 754 Plums, California, per 4basket crate $11 Cantaloupe". North Carolina per standard crate, II 2 J5, do, do, per pony crate, 01c Jl: do, do. per flat irate, 50c, do, do Itldgwajs, per standard crate, J3, do, do, do, per pony crate $11 25: do, Delaware and Maryland, per standard crate, SI 502 50 do, do per iony crate 75cS1.50 do California Tur lock, per standard crate, 14; do. do, do, per ponv crate. JGT3. do, do do, per flat irate, $1 50 J, do, Arizona, per standard crate, SJ2 50, do do. per Jumbo crate. Ji 7,1(1 2 50, do. do, per pony crate SI 50 6P 1.73: do. do. per flat crate. S11 25 Watermelons, southern per 100. S50&8S, do, do. per car- loaa, jauuitfiuu 86 Ioose-W 1st nf Loose-W Bis 2d pref... 20 Mackay Co pf 74 AUnhai .Shirt. 6 Afan lU.SunCo 48 Max Motor 2fii May I) ,s pf. 102 Me T-et nf, . R M & St Ij new 10U M S P & S M 88 i Mor & Kisex. 39 M K A T . . fi ii i i pi . M Hi, 3 M 1't n hjn Vii n qii nnl k nciii nm '" t un: -ii7 "" 7 son j-;n war 7 in 4S7 r'b ii ir1" -13.' J"n UnflllPd orders on tlip corporntion R OKialiomn Itef hooks nt the end of each quarter since Kipulpa Kef . SInrch 31, 1917, wero as follow f(,,i"?nh ' quarter cnainff yunrier enains with Ten" with Tons June, WIS. S OIK RIM lep . 1B12. (1 ni,MI7 liar . 11H o.id.-ino June, inu 1H1 . It 1S1.71H ai ir . 1111-' 1011 11)11 inn inn . m. n in . Wt 12 16 Vic M1MM1 STOl KS s stocks ! Trade Is Active and Demand Broad Southern Interests Small Sellers Ue- S( iip trust Mltf trust AVKUAGR H 4RH 741 oon ai (iKl.nnu tu'i uio nun iVi lllj 7H ! 11 i; (1 ! 2 I "Vi 0U Si ID Ier Rep . June, Mnr Dec , Sep , June, 1917 11.831,477 Dec , 1017 11,S,SS7 ''ep . 1017.11,711,1114 Juno nun ii,r4T umi Mar , loin in in Mar , mill uec . lltli Sep June, Mar Dec, Spp . June Mar . Dec . Sep , June, Mar , Dec , 101' 101-1 1014 1014 1014. 1011 1011. 1011 inn 101J. II .-.25 -.R4 Dee. 1011) J H4 7 7117 0 nm 4is Sep , mm r. ir.s inn I) 111 noi June, loin 4 .-.7 704 7.S0H J.'O Mir 11)1" 4n'M4 .1317,1118 Dee. I'lOO 1027 1111 4 H7N, mil Sep. 100 l. 4 700 11 4 ! 740 Juroe, 1001) 4 I .'.7 OTl 1 Rill (141 Mar. 1000. 3 14.'.''0i 3,7R7,(1H7 Dec, llllis 1 nm -, "7 4 01J.R-.7 Sep . 10IH 1 tJl 1177 4 B-.1 R.-i Tune, lOOS 1 in R7d 4,i;s.,.ior Mar . ion(. i 7in in 1I017R-I lune, 1007 7.101 H7R I Ii R07.S17 Mar 101)7 R (H 1 n",n 7 4ilR ft-ill Sep 111(17 n 4J" nm 7 03;,1I14 DeL . 1007 4,l..'l 1M Nat Illsellit . Knt flk K St Nat r.n H S nf 95 Nat I.e.ul r.T Nat T.fnd nflHOV, Ne Cons Cop 20 N n II of M 2d nf EU N O T & Met 18 & Stl, is 24 V Dock Df 4R N Y Air IiUe.127 Norf ft s.,... 2i; Ncrf & 'est.l03is Norf d " pf. 76 Nonli Amer. . 42 Ohio das rets fi P C G Rt T, r.nu 12H ran-AmPet nf 94ti 03 ueo aas & C. 44 18 Peoria & Uast 4 0V, Pere Marq... 141 43.. Phlla Co ... 28V4 34 4 Plercc-Arrow . 39 4 u t Ti ' .r.tr-l Jl, 3( un HOT WAVE CURTAILS PRODUCTION OF STEEL No Figures Arc as Yet Avail able as to the Extent of Loss Rnr ajn Aliann 1 in4,R41 BIb l,ed-e r. (iS4,7m Hutte New York . . 2 SH'?!l Cr" Arl . . I " " i C K S & Jerome ftoldlleld Merger ("oldlleld Cons (ioldfleld Florcnre (Joldfleld Ken anas (Jreen Monster Hecln Mining Howe Sound Independence Lead Jerome Verde . Jim Hutler . .lumlio Uxtenalon McKlniev 1) irragh MiiKma Copper Mother Lodo niincs Co of America Nnada Hills . . . Xi-inda Hills NIplsslnR Ohio Copper Hav Hercules .... San To Tonopah Exten . . . 1'nitcd Verdo . . West Hnd Con . . . White Caps. ierlngton 1 1 10 in , i"i 44 4 3 AH I) IH 31 3r. I 1 4W. H 1 S7Ml I 27 4 Cal Petrol -oi Tet nf Cai Packing r'.nl Vav . Cent Leather . t .. iirzt r-ere de Pas. B4'4 Pond Ck C Co 19J . tallmcnt, especially in shutting down frtilnteed V 3? 'r.n" ' aI P' '" Nv York, Aug 10. Although production of tho steel plants of tho country up to tho beginning of this week was running at as near capac ity as is possible, It Is admitted that tile hnt ........ I .... ...... .1021 Pitta & V nf 7ii. i " "' u"- -usl Ciuseu some cur- VEGETABLES Potatoes wera quiet and easier, with of ferings fairly Ilbeial Other vesetables were eenerally steady. Quotations' V'hlte pota toes. Norfolk, per bbl No 1. 13 5004 Uos No. 2, II 25W'-'.50 White potatoes. Eastern Shore, per bbl No. 1, $3 BOW 4 23, No. 2. ll.'J5;2,7o. White potatoes' Jersey, per H bushel basket No 1 KOCTtlOc. No 2. 40(9 illc White potatoes, Jersey, per 150-Ib bae, 94 Sveet potatoes Jersey, old. per hamper No. 1. 12 BOOS, No. J. fl.-!5ttl 75. Slneet potatoes North Carolina, new. per bbl. No 1. J0M8. No. 2. J3S0M4, culls. JJ.50 W3 Hweet potatoes Kastern Shore, new, per bbl. No 1. .708. No. 2, S3 Milt. Lettuce, New York, per crate, 1 Bn.'. Celery, New York, per bunch. lBwSdc. I'eas, New York, per bushel-basket, tl 601 J SO. Onions. Jersey, per S-bushel basket. 1 -J5M 1 B0. Onions, Jersey, white, per bushel-ham. per. J23 B0. Onions, per 100 lb bar, 13 60 04. ' NEW YORK BUTTER AND EGGS New York, Au 10 BUTTER Receipts, 0104 tubs. Market Arm. Quotations un changed KOUS Receipts. 0SS0 eases Market lr regular. White egss, 38&02c; others unchanged Certeed iVt pf 87 Pub Ser Corp 94 Ches&Ohio . 66'A Pullman P Clll-4 V"W Alton. 9V4 Headlntr 1st pf 37 Chi Alli'li. n . S ronner PiJ Roysl Dutch. 108 9-u Sit Peabdy M n"' Stl Snr pf lom cm & Art.:. 50 2,and ,""" "8 J. "J Tonilth 21 Saton Motors. 7W lit ht 49 St LRn Fr ug Co1 &J? i TjSn 7 St L & S P pf 27 om TS? C?M 11 & S Wpf 21 onM Oas 904 ab Air Line 7 SS ? Can .' l Sea A,r x- Pf "W SSS fan if.. 99 Bears-Roo cfllC KM" BOH 'outh Ilnllw. 21 E0ntiw 4" nf 97 Ro n n Pf... B2H rUKacA?u(rnf llH SPor R'co rts 5K Cuba C SUB pr ' 7 s p P s nt..l07 Deere. & Co Pf. 91 sioss-Sheff .. 63 Del & Hud.. 107 Rtd Mill pf. . . 804 Den & Wo O JJ studebaker pf 84 Den &UQ P 7i Stutr Motor.. 40U Det Edison. . .125 sup Steel ... 43 D S S & At pf 6 8 Stl 1st pf.. 9S rik Horn lU 25 Third Ale .. 19S4 Is SnLpf::iso -RircVrp' 43 at North Pf. 91 ,,SltedtrFrultfll7H Uomestake M. 72 ,t s nUy Im' "g Illinois Cent.. 97U Tt s nuJ. jn '4 lnt P.8 JS sRW us Rub lstpf.l01 Int C Cowvt 3 do pret .;1' Int ABrl Pt.. B9 1st pref .. bo Int Harv G Pf."t. II S Sm & Ref 42 inter Salt ... Jj v S Steel pf..llo2 V,ter r?.anP,er,,'! ytC1M ' Slit Iowa Cent ... j Var C Chm pf.105 Int Nickel pf. 89? Vulcan Detln: 7 Jewel Tea pf. 91 Wabash pf n. 234 Kan Cltv So. 17 West Maryld . 14 K C South nf . 34 West Md 2d pf 32 KCFSlMnl'' , West Pacifle. 2i Kelly Sprgfd. 60 West Pac pf,. 63 Kress S ,. West Union.. 77, uihh r. w ... - vuiys uveria furnaces No tlcures have no vol i,or, received by the olliclals of the leading companies as to what the extent of tho loss was. but It is known that many men quit work during tho extreme heat, und this must be rellected in tho production It Is pointed out that there were many heat prostrations in the plants of Borne of the largest companies In tho East, and this resulted in men In other departments laying oft temporarily However, with the more favorable weather the workers returned, and nt the end of the week it was said that opera tions were ilrtually back to what they had been before the heat started. E. G. Grace, president of the Bethle hem Steel Coropratlon, admitted to tho writer that there was some interruption at the company's plants because of the hot waie, but had no figures to give ius to how much production suffered, stating there had been considerable slowing up of furnace operations, and this can be said of enarly all the other comnanles iv ith mills in the section of the country The New York Subtreasury gained where the heat was so Intense, There was another meeting of steel men with Goiernment officials on Wed nesday, but after the gathering no an nouncement was forthcoming as to what had been accomplished, Tho fact that Charles M Schwab, director general of shipbuilding, was the principal Goiern ment representative present .at the meet ing, howcier, indicates that the ques tion of steel for shipyards was again the chief topic of discussion. These meetings are being held each week, and for the most part are called to acquaint the steel producers of the country with any new developments which hale taken place, as well as to let them know what the most recent esti mates of the requirements of the ship yards will be. As In the past, neither the Bteel men nor the Government repre sentatlies will discuss actual figures. It Is Btated In the steel trade that the Goiernment Is continually Increasing its demands for products. The expansion of war operations by the United States army In France has caused larger or ders' for many articles, and there Is no no mis riethleliem 5s . . . . 00V4 Cosden Oil 6s ... . "0 C'oMleu & Co Gs. . 70 Cudaliy Gs 07Vi Russian Goit B'-.s... B4 do b'ss B South Uwy 5s 98 Sinclair Oil 6s .. .. 70 Todd Shipbuilding- Cs. 00 t lr1. Hi IA i'A .1 21 IS .1 41( 4Vi 4 A in in li it 37 Hi 4 4 I,l Hi 10 .18 1A 20 0 81 81 0T)l .111 B8 OS'S, 81 00 la Ml 'i'f, 2 20c lOr 3 14 tl COTTON I1F.I.T IVKVTHKR f OSDITIOSH New lork. Aub. 10. The follow Inr tem perutiirei were recorded In the totton belt this morning. Knottllle. 70: Shreienort Hnn Antonio. Tort Niulth, Mnrnn, Itliintil, 11 llinlnctmi nnd TumiM. 74t Abilene. Little llnek, Meksluire. rrnsucnli. Merlill in nnd ..iiinniinh. 7ft: Oklnliom l. New Orleans. Montgomery nnd Jnrksonvllle. 70t Cornii ( hrlstl Mrmnlils, Nnshilllo anil Charles ton Kfli Oulieston. BO. There wns .01 Inch nf precipitation ut Saiannlh and .08 nt lA ilmlngton. .New York, Aug 10 Further Allied gains In Plcardv, which caused a feeling that peace might easily come before the end of thp present sea son of the staple, and bullish crop and i weather accounts fro mthe Southwest, promoted a rise Into new high ground foi thn season In the cotton market here today Trade was nctlvo and the demand broad and prices at one tlmo absorbed a net rise of 111 to 124 points, tho gain being In October which touched 30 42 Wall street, Liverpool, the South and spot houses were all hem v buj ers Some southern Interests, however, sold, but in a small way I onn Nt t Horn nnl posita . t3 011,112 noil Ni 1 ttme cloDuslts 1(11 0il 000 irculatlnn Cish In vaults Kestrve In mem her Innks lit err In 1 inks ntnl i ompunli'H ltetit'ivo In tmnks and companies linaitarie Ahtrcsate re serv e llesrrvo required Wnrn lis jspecie inriunea u-,m.i i"" tfniied States deposits 10 'in nuo Decrease Inrrpsse $87.44'i U0U 4 r,07 ono R-0,000 MM) nun JUO.OOO 501 804 HOD .20.740 000 111 3SS 000 7 7ii oon r.ja nm oon 418 (-' mi) n us inu 98 ooo J30 000 20 R7K OOO .-i'.h soo 21.134 300 deducted. BANK CLEARINGS INCREASE? lfi9aSI Buines!i 1..1 Per Cent Greater ThBlr1'?l om U7 I- I . V..r MtW --' "-" - . ::? Total bank clearings or all the clear- """ ing houses of the United states for ine'--week ended today were J5,809,172,S06,'"i' against JG, 211, 078,965 last week and 5,-.&IaKa ii.i, mis weeK insx year, rmur ft aeipniis total was jzau.DH.an, a rais-ri or IB 7 per cent as compared wlthl th5'K'-il same period in 1917, .irJ(l Details follow: " U! 1018 1917. Pet. Im,j . s. ,v u A- New York 12 .'.17.778 120 12 034 IU4.4IUI lt.SL .1i2.sn2.t)2 12.K ACTl'AI. J4 r.4(l (17.1 100 $152 227,000 10 Jsj 000 3 in non o ono 2 575 000 409 020 000 M5 433 000 Hi 4"h II) 111 09 Tg i Loans i Net nemaml le I posits 3 on', nn2 ono I .Set time deposits lis 1)H4 noo ( irf ununn ""' fash In vaults I'll' inn.(8)i) Iteorv. In mem lier binks. iteservo In State I luinks and trust i rompinles ' Ites. rve In Stnte j hinks and trust inmpan deposl nrles Vircreirnte reserv ' I Ileservo required Surplus r) i rense 1 piled Stiles 110 i") -,... Jtipiclo Included f 01 fij'i 000 OITS1DK HIM STITHMKNI STATU UNK8 Jll 110 00(1 7 Oil 000 r.t s nm nun 477 Ml Old 40 30 (1J0 5S 000 11)1 0011 1. Hs4 OOO 1 4')i ton 14 302.S11) deposits deducted 1122.- i Investments J 4 SO 311 200 IJ HJ lino 24 24S 3 III Increase 20 007 1 on 4S1 ".Oil 13 bUO Financial Briefs The following applications to list hale been made to the New York Stock llx change The Nashiille, Chattanooga and St Louis Railway. Jl.SOO.QOO first consolidated mortgage 5 per cent coupon bonds, Hrooklyn Hauid Transit. J57.7J5. 000 three-car 7 per cent betured gold nous, due July 1, 1921 August October . January March , Ma December Yes Today's close opening; High 2S .IS .Ml .'I 2) JI 20 42 .28 74' 21 00 JS no 28 0". 20 00 -") 0J J8 flj 2S 00 JO 70 J 8S 28 8J JS 8J Low Close 41 217 (too IM! 471 Hi") llto b41 non COMPAMl'V 1 4 JO 100 ii mis i on 1 J 17 KDU 1 2 S34 20 21 211 Oil 211 IX) 2S III) JS bJ 20 37 20 M Jll su Cotton Buyers anil Sellers New York, Aug 10 October rtlnr dan. Montgomery Rountree. Brooks, Johnson7 Wlggln and Jay bid ; Flinn, Myman, Martiett Kelffer and Schill of fered December Drooks and Rlnrdan bid : Pllnn, Bartlett, Hopkins and Rountree I offered . . I v., demslts Januari' Brooks nnd rarrott bid , nesi on derwslt Newman, Schill. Flinn Rountree, Bart- I'erc. ntaite of res I oini Colli C rr ncv bk not." I)i posits Trdernl Unserve llink of New ork Deposits Heserve on deposit TcrcentaKe of res TRUST loan. lnvctn'lsl,04S712(ino rjolil 1" 2KCi non furremv Ik bills 111 423 71M Deposits reileral Reserve It ink of ..-.,. N lork 101 120 100 ruponlts 2 001 10J 201) Heirve on den 2S0 147.1m) lVrcentaae of res 18 hTATI HANKS AND TIU'ST COMPAMKS NOT REPOnTINO TO fl.KAni.NO Hni'l-L w i v.v.. v. ... ... mm n ooit ..in Loins investment IflV: ,,,: Oold JI ' ' 2'"' io -to.-iiu ni ono 7.1 Him 11 ooo r rr'nr hk notes Deposits Tederal Heserve Ildnk of New York Total deposits Mil 800 JSH 1)1)1) b75 10(1 1 JO 900 VK) 411 (Kill 410 JOil in 440 ftnn 7S0 114 oon MM! 114 11)0 12.1 473 2IIII 1 274 mo J 271.101) J JI.1 ion 1 701 VHI 1 lett und Wlccln offered March Watklns, Montgomery and Oeer bid; Hartcorn. Guild and Hubbard offered GOLD RESERVES INCREASE Increase MONEY-LENDING RATES PHII.XI'I'I'I'in V Call, 6 per cent; time 5,36 per cent Commercial pa. per. 'three to six months, 50 G per cent; six months, 6 per cent. The combined earnings of the com bined Ifillesby properties for July show grots of M.712,473, against U,465,3ia the same month last ear. Net for the month increased f 24.357. Twelve months gross gained 92, 899, 511. and net for the period Increasing $27,372 The London Stock Kxchange and the Liverpool Cotton I'xchangc remained cloted today. The sjndlcate headed by Harris, Torbes &. Co , the First National Bank of New York and Ladenburg, Thalmann &. Co, which recently offered the $10, 000,000 Duquesne Light Company three jear 6 per cent secured notes, has been dissolved, all the notes having been sold. $160,000 from the banks jesterday Commercial failures this week In the United States were 160, against 143 last week 162 tho preceding week and 273 the corresponding week last year. Fail ures in Canada number six, against ten last week and eleven the preceding week and elcien last year LOCAL MINING STOCKS TONOPAH STOCKS d Ask Jim Hutler .18 no SlacN'amara 20 so Midway ll.l 07 Ml.pah Extension Oil 07 Montana 11 13 Northern star 07 on Hescue Eula 00 10 West End ... IA IH OOLDFICLD STOCKS Atlanta OS 04 Hlue Hull 01 03 Ilooth .. " OS niamondfleld HI! 02 03 Daisy 01 03 Kewanaa 01 01 Oro 01 02 Sandslorm Kendall .... ,01 os. Silver TICK ... . . .03 05 "W resisted 1930 "os CHICAGO BUTTER AND EGGS tk r i -W l 1 ;' pr'ef r.. ? 82J4 " '" iinyartereTa thirL'lC, MISCELLANEOUS b R'SW..Jy,....,i....Jv,Ut;-:f.- -MHtoU. 18.29S ce (Bcice(ia3Ll; My JlC.'W u tt .',.,. 71, sal. rtr, f . , . Tcwpa Mlnlnr .,,, V. .13 .ft bb - i " f4L$ s & iwl'Jf "- 't?WL ti f' i'H3,!'v s-11 W'A1,! .a .i '-a. iV't i ' v Federal Bank Report Shows Bills on Hand Alioie Hundred Million Mark For the second conbecuthe week the Federal Reseno Bank falls to show any gold holdings in lault. Total gold re serios showed a slight Increase for the week, being $154,975,206 as compared with $153,447,499 on August 2 due to 1 gains through tho gold settlement fund Bills on hand crossed the hundred million mark for the first time, being $104,030,127 on August 9. compared with $97,006,079 tho week before and making total earning assets $106,589,020 against ( $99,585,679. This Is striking eiidencei of the firm tone of the mono market Federal Reserve notes continue to ex- nend. circulation being $174,713 330 on) August 9, against $167,205,605 on August 2. Total resene held against net deposit and reserve note liabilities was 61 0 per cent, compared with 62 4 per cent the week before. No Change in Refined Sugar New York, Aug. 10. The refined sugar market remains unchanged with local re finers quoting 7 50c, less 2 per cent, for fine granulated Raw likewise are un nhanired at the fixed price of 0 055e for 96 centrifugals' The accumulation of I raws by the International Committee continued yesterday and Included 29,000 bags of Cubns for shipment this month at 4 986; 9000 bags Yenezuelas afloat1 at 4.799c; 11,500 bags San Domingos afloat at 4,799c and 11,000 tons Porto Rlcos for shipment this month at 6 055c FOREIGN EXCHANGE New York, Aug 10 At the opening of business In tho foreign exchange maiket fuithtr strength was dlsplaed In sterling and francs Italian exchange held steadv, but neutrals wero some what reactionary Demand sterling was quoted at 4 G ft 4 46)! and checks 4 7 . iff 4 77 05 Sterling bills wero 4 73W for sixty days and 4 7m for ninety dajs These last figures show an advance of y.c within the week "Other quotations were Franc cables 5 b7 and 5 68 for checks Swiss cables 3 934, checks 3 95-j C.uilder cables 62 B. checks 52, Pesetas cables 26 25. checks 26 15 Lire cables 7 90, checks 7 90' . Stockholm cables 36 15. checks 35 SO Chrlstlanla cables 31 85. cheeks 31 45 Copenhagen cables 31 50, checks 31 10 B NK CLEARINGS Hank clearings today, compared with cor- resunnatllE us. in. ..... ,...,- ' 1818 rhiii Boston 420 280 81)1 280 114.011 2111.814 071 171 211.217 128 411 083 1)1.011 .174 III HID 2J4 11 000 noo 51 004 110 44 531 100 210.1B.M2S 175.431.11H 120 512,041 107.018,1)27 80,81)7,511 51.418 52.1 47.507.88i 83 829 847 30 260.145 Chloairo Phllada lloston Kan City St Louis r nclsro PlttsburBh Detroit Hiltlmore N. Orleans Eleven ell das 14.124 409.910 $4,217,116,496 utner cities 2il 5 das 749 274 018 010,413 208 .Tj'T T'l all cities . !a 5 days .$4 873.084 014 $4,827,529,704 vn cities 1 das T 1 all cities for vv'k JI S00.172 300 15 73.1 073.088 1 Decrease in.Tw O....F - 12.1 ?2-2ml! t5.jS 1 1.9,53, on Mt7 &sa J "SS3 031 487 012 908.140 284 $ 7 Defiicit for P. & W. Va. for June , 11 naliing-ton, Aug 9 The PittsburfrPO'Vt: nnd West Virginia Railroad report t?9R" th InWrstnto Commerce Commission wj nnss enrnlmrs for June of i1R2.19ft - gain of $4900 oer June. 1917, but there1 V.WI was .1 net operating deficit of $49,614, tvV'fs ueurciiFo ut ji,.iio "''T!) "sW.'J Barnett Oil&Gas nOCGT SOLD QTJOTK ' Morton R. Alexander Phlla. Stock Exchange BUf. tl William Ht.. N. T. Cltr 5 !T THE TEXTILE 2 INDUSTRY ' TZcry ouniP man should Inveitlvatt tbwvtf tunlty for those trained in an one of UttV A mnny Drnncnrs. Lnnte eniarirv ara ai ina;?if commana 01 specialists in icxuies, ana iafi-i PHILADELPHIA w TEXTILE SCHOOL hr'o of The Pennsyhania Museum and' School of Industrial Art Hi prepares :ounr men who ars at laaat 1 years of aec for present and after-war conditions The demand for our aroddstei)J alwas exceeds th aupply. Writs today for Illustrated Circular Th Day term opens Mon . Sept. 2S rSKBA aw A In Im Sl S3 SVl r.Hi I nm c rtaiiiiiiaiiiiu iiura ocyi y, - Sri Special i:enltiiT Courses becln Mon ,Sept.8X)l4 fl E. W. FRANCE. Director '- 1B17 loin int sis r.ni $") S7 142 ji,7in 77.1 43 1141. 390 31 JJ4 !01 30 S5i,70 DAR SILVER Today ljjndnn (rnc) 481 N York tcts) 9US Yes 4S1J U9S I.nst Sat 4K1I 09S 1918 High I.nvv 49l 4JVi 39 HS't 11Y Broad and Tine Streets, Philadelphl' .4mcrj'fa' Leading Textile School flif flic Greatest Textile Center " &. TtPMfllQIIS NOTICnS Itnnll-t Ta . THK TKMPI.K Hrn1.1l and llrrks sts (1900 north). Minaa AURUsc 11 Holvlx Harlan Ph D , ex. president Sioux1 j nils luiickc nuuiu u.nuiii, presents, fr , n Ilk n. i.Q.n l K. ... c. ..... 7 4-i ( All si-ats frfe ij h 1 "Standing b ths StulT." , 1. "Christianity and tho Worlf' :ilKMMT STREKT IIM'TIST Clll'BfHK- I'liestnut streec west or 4Utn. ir- Pi iu ao a. m wr rm D. DW ; " 3 n '& Nell Trsa htns:. August 11 Rev. Samuel a. PhltailelDhla. Hubjert. "The Religious Optimist." Hunda school. 12 o clock. Vo eveninp; service Visitors welcome Preshyterlan StS R, K" xi-in.l. tm AKCII hTRKKT. 18th and Arrh C B MACA1TTNKY. D D.. Mini..;. 10 41 ana h Dr vv. A Idttell KeclutiVc on Turner Memorial Orsnn at 7ao - jtr. llseellaneoas . . iitirti .w.. rtn.i. . t ... "West Philadelphia's Hindrances." by I l.ornt. Munaay evening. . av; jestlmai 111 311 a m . Mrs. I. one's Quiet Hour. 1 TonUht. Hon. Hugh Illack. Meetings oh night except Monday. 'J rUTMMI'B RKSORTH ATT-NTIC CITY. N. J. Coolest and Most Attractive LocaUoa OSTEND Whole Block. Ocean Front Directly on the lloardwalk ' lloston to Sov ereign Ave In exclusive Chelseu section. Kresh and sea water baths, private and public. Modern hdro.thcrapeutlc depart ment. Orchestra. Danclnn every evening. Auto bus meets trains Booklet. Ownership direc. JOHN T. DOWHIN, Usr. Building Construction Erection of Manufacturing and Industrial Buildings J. S. Rogers Compan Drexel Building, Phila., " A nnri MnnmtmiLni IM ! .jJH&A. 7 - jr "a MC- Ji A-i it,n ,: f...--. - . J"l.". U.S U . '.'JIVLJ ,-'-!V.- ?r.j t,6,AB .. ,1.-' L j1 jxnoiflll , VX.lI.'
Significant historical Pennsylvania newspapers