'
NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES
il I
m
PI
JShr Trm N.riiririi
vP'VTOU can buy from tis short
V term obligations of the
Pennsylvania Railroad to
ryield more than six per cent.
, Our current offerings include
the notes of several other lead
ing railroads, of some of our
"foremost industrial corpora
tions, and of the strongest
foreign governments. The
yields range up to well oer
' . seven per cent
f Send for Circular PE-17X
The National City
Company
Correspondent Open in so Ctttii
. rkiUdelplU 1421 Cie-tant St.
Telephone 555 Locust
Bonds-Short Term Note-Acceptance
FIRST LIBERTY LOAN BONDS
DOMINATE NEW YORK TRADING
Government's 3 Per Cent Issue Sells Up to New High
Record of 102.04 Marine Preferred Yields
After Advance
High Points in Today's Financial News
Libertu Loan J per cent bonds dominated hading on AYio York
Stock Exchange, advancing to the nciv high recoid price of 102M. Illu
sion bonds u-erc active and strong on the Cuib. Ihnln prleei hit new top
prices for this movement. Cotton teas irregular. J'oicign exchange iccis
Inactive, but steady. An cxha dividend of S per lent uas declared by
directors of the Atlai Ponder Company Bar slh cr rcmainid unchanged
in 2'cu York and London. '
Nciv York Stocks
MVROCKOIL
Important holdings in
" Wyoming described.
Production discussed.
v Marketing arrange
ments for its product
with Standard O i 1
interests.
The above -vital questions and
all other Important data neces
sary U a thorough analyst
of the stock I Riven In our
j, report Just compiled, vililrh
" ire will send at your rquet
nlthout obligation.
3s Clip this ad. or mention GO 13
jjembers Cons. Stock Ex. of N T.
628 Widener Bldg.. Phila., Pa.
Phonet Bell. Wal. 4080i Kace 4080
N. V. Office 30 Broad St.
PRIVATE WIRES
Bark up our Army and Nary
nar J
New York, Aug. 21.
After dominating trading In the bond market for many weeks past
dealings In the Liberty 3s today alo attracted attention of many In
terests that had been active In the -stock market, and the dealings In
thote bonds and their pronounced strength caused a general withdrawal
of activity from stocks, een where special Influences to Induce activity
prevailed.
The trading In this bond started with the establishment of a new
high record of 101.1S, but the buying was so peiMstent that soon after
noon tho price of the bonds reached 102.04.
A strong tone prevailed in the stock market for a time before mid
day, but gains which were then made weie not .sustained, and later In
the day nearly everything traded In showed some amount of decline.
Business was concentrated almost wholly in the Liberty 3s, leaving
the stock market generally without buers Tho publication of a story
of a new consolidation of shipping interests was used with effect as a
bullish Influence in Marine preferred during the morning, that stock ad
vancing 1 point to 103csi uut when the story was denied it broke -'
points.
United States Steel common had an advance to 112, from which It
dropped 1 point, and Baldwin Locomotive, which moved up to 95,
reacted to below 94. General Motors moved up 3 points to 1C4, but
lost all this gain in he afternoon. Itallway Steel Spring was in de
mand all through the day. making a gain of 1 point.
Government bonds were irregular, the second Liberty 4s yielded
from 93.93 to 93 7G, and the 4s bold down from 93 44 to 95.12.
, . .. . Hlsh Low Close
Adv llumley pf 46. 46 40
Alaska Old M. 3 3V4 3y
ivihhkr junenu 2
Allls-Clinl Co. 33
do pref iui,4
Am AKr Chem 0(1
Am Can 1714
do pref .. .. 3V4
Am Car & Kdrv 8,1
Am Cotton Oil 41
Am II & L. , . ii)
Am II & L pr. . tnfj
Am Int Corp . . 53
Am Linseed ... 41
Am Linseed pr 78
Am Locomotive 07
Am Smelting. . 78"
Am Sum Toll. 128
Am Steel Kily 73
Am Sugar. .. 110
do pref.. . . .100
Am Td & Tel nnii
Am Tobacco-. , . 158Vi
do pref new. OS
Am Wool 58 X,
o prei ii,v 03
Am Wr Pap pf :i.-( 344
Am Zinc & Ld 17 1 7 '4
Anaconda .... fio fl
Atchison 8.v 85
I Atch pf 81 87 Vs
Haiti I.nn Pn nr n"sn. nmi
Bait & Ohio . as B4-K
Barrett Co ... 03 y, 03V4
Barrett Co pr .101 101 101
ti.uupnas .vim. 1 1 1
Belli Steel B.. 83 83 8314
Net
cligo.
V
S3
83V4
no
40
03 Vt
84
40
Hia4 a,
80 3
Ma
11 4-
78
00 v,
78 Vi
i37Vi 1
74
108 1(10
Iflfl'l 100 ..
1101m 00
1.18 13H
OS OS
58 58
OlTa
35
33
83
on
40
03
84
40
10
80
34
41
78
00
78
1J0
4
RUSSIAN BONDS LEAD
TRADING ON THE CURB
War Stocks Continue Un
changed From Established
Low Levels "
,Philadelphia Stoclts
New Tork, Aug. 21.
Nearly all the Interest on the Curb
today was nttached to trading in bonds,
with the Ttusstan Issues attracting most
attention, the 6s selling at CI to 02
and the 5s were traded In at 59 to CO.
At the time of the announcement of the
Clot eminent Issues by tho revolutionary
Government the G4s sold ns low as 35.
Belief prevails that these Issues will
be taken care of by our Government In
17 V. connection with the present steps to re-
00 "fc stre order In Itussla. Federal Farm
8STa Lands Bs were also active and strong,
8'. $ ! "dancing 74 to the new high of 10B.
!J",T".,i There was Increased activity in
. T . 1 trnrlllltr th ntvinnlinn.il ctfn'
03 :,-.."
Biuns Bros
w ith pronounced strength
Miuwn in nevroiet. wnicn so a at nu
1 to 141 during the forenoon, buying being
based on the belief that the distribution
. . and payment for the present shares in
'"W 1444 1444 Yt ' Somn nf (ho nil lorl lsn showed
Uth htl 8 pc pr.lOSVt 103 103
uiioin 1'isn uo 20 20 28
Brunswick . 11 at nt: iZ A. iL "'b m ine ou hiocrs also anuweu
Butte A: Sup Cop 2 20 20 t strength, Pierce Oil advancing to 1G,.
Cal Petrol pr. floji 60i 60 i War stocks continued unchanged from
Can Pac'lic iOi 100V4 101 Vi their established low trading levels.
Buy '
&ht1dks Mumps
i
K?
Barnett OilGas
roiJGnx sold quoted
" 0486
-- Morton R. Alexandsr
,. PUfa. Stock Exchange BIdf.
87 IMlllam St.. N. -. City
jfrrV
llHEckEivJ'CaS;:
foc I VtU 4'CIUCSTNUT ST9.. N. E. Cor.
V- ' 1 ismbera nt Philadelphia and Now
6 Tcrk 8tock Exchaniiea.
iI3'faM'in" l,aQ
HIGH PRICES REACHED
IN THE CORN MARKET
Business Extraordinarily
Large Offerings Well Taken
Care Of Oats Active
Lttf.At. ADVr.RTIKMENTS
' ESTATE OF DELIA A. DTLWAKT,
wpav deceased Letters lesiamentary on
l? ... ..i.t. V.ivlnir h.n er.inli.il In ttia
tjodersicned. all prions Indebted to the said
la are irqUcBLU tu warm vaJKIcih. hiiu
' bavin? claims to present the sami.
tanut delay, 10
VSiiiT mapen norris siewart.
tind DOROfHY SEWKIBK STEVVAHT.
;0JB fine s(., i'hllau!li)f.la.
- rhelr flttoT-lfly.
IJACOB SNARC.
,;4fc( ntnui si.. 4 iiuu-iiJiiia.
te3P NOTICE 1 JirREBY OITEV Til VT
kr-ias" th nrm or i iMienrrr s Me, con
B. iatn nt l.roDnlil UfibrcrT and AllfflUt
'wiaa Vim Sopn rilfisolvpd bv mutual ronsnt
fci&i tb ald Lrot(J Llabcrser rtirir.jr. The
IKw Itmlnesa will be continupl by Vusust let
i tsm nr T.lslnrc4r &. AMoe. Inc.. and will
pt continue the manufacture of trousers, etc .
9, in lime naurens
All Indebtedness due said copartnership Is
4 v,m tuM to the rornoratlon
EI AUGUST WISE
IfVsr v 13070-11 Market st Philadelphia
THE AM-1ANCE INSURANCE CO..
THIRD AND WAT-NUT STS
Xr At a meetlns of tho Hoard of Directors
&. kld Aucust 20. 1018. Mr John Kremer
Kwis eleciea secretary una Air. jonn j.
pistConnor treasurer and a Mi Mint necretary.
ft j Unf rut.irv.
l!'
TK
It
Chlrauo, Aug 21.
Business was extraordinarily large In
the corn market today and prices touch
ed new high records, but the movements
did not reflect to any appreciable ex
tent the big volume of business
"Vheneer the prices showed a ten
dency to advance Eharply on outside
demand and possibly covering of shorts,
profit-taking developed on a large scale
Offerings were well taken, however, and
the reactions at no time were Impor
tant. The Government's weekly weather re
port was about a standoff, with some
traders maintaining It was more bullish
than expected.
Price movements were rather narrow
In oats when comparison Is made with
other previous days. Trading was ac
tive and commission houses had good
orders on both sides at different times
Most of the supply, however, was jiroflt
taklng and the demand absorbed this
billing remarkably well.
August corn started at Jl 65 and roe
to $165-., later dropping to $1 634.
where It closed, compared to $lfi4i4 on
Tuesday September opened at 51 G5U
The high was JlGGiJ, the low $183
and tho final J1C4H6 104, a decline
of cbC October was quoted at $1 67
In tho Initial trading, and rose to
$l.G7ss. later reacting to $1 65 The
final was Jl 6 5 f 1.65'i, agalmt
51 65 7s yesterday,
August oats opened at 72 Sc The
top was 73c and the bottom 71Sc It
closed at 72c, a loss or 14c. September
started at 73Sc, rose to 737ic, and
then dropped to 727Ac, ending at 12V2iP
725jC, compared with 73 He on Tues
day. October was the highest In the
Initial sale at 75Uc falling to 73asc,
and closing at 741,sQ74'4c, a loss of
He.
Lesdln? futures rinsed as follow n
UNDERTONE IS EASIER
ON COTTON EXCHANGE
Price Mo ements Less Erratic.
Selling Comes From Good
Sources
cent Leather. fl 08 oo
uo prei . 103 103 10.1
Lerro de Pas . 31 3', :n
Ch M & St P. 48T4 47 4J4
i,,Ve, '9 '8,'i 7HSk
t I l uu t c -ov
do 6 p c pf. . 00
ChRI&P 7 pc pf 77
C C C & StL. 32
Chile Copper . 10
Chlno Con Cop. ,30
Col Fuel & Iron 4014
Col Gas & Klec. 37T4
Corn Product" 43'4
Crucible Steel 00
do pref ...01
Cuba C Sugar. 30T4
Del & Hudson. lid
Distillers Sec. 50
i:ik Horn Fuel 30
i:rle 1.1 a,,
do 1st pr . . 3i
Fish Body pref 00
Fed M & S pr 35
Gas 'Williams. . 20
Gen Hlec Co ..140 146 140
Gen Motors . .104 100 101 1
I do pr . Hi 81 81
, Goodrich BF 4 V 45 45
'Granby Mining xo 80 80
I Ot Northern pf 9'! 92 1)2
ut .o Ore subs 31 31 31
Greene-Can Cop 44 44 44
Int Agrlcul pf ill 00 00
Insplra Copper, am 51 51
Interb-Con Cp 7 7 7 ..
do pref ... 37 37 37
Int Harv N J 120 120 120 1
Int Harv Corp 01 fil G4 ..
Int M Marine. 28 S. S7 27
103
35
47
78
28
00
77
32
1V
38TJ,
40
35
43
08
91
30
110
58
30
15
32
90
35
20
0 4-
77 1
32 ..
10 ..
38
40
30 1
41
08
01
30 ..
110
88 ..
30
15 ..
32 ..
90 ..
3V
29
1 Aetna Explosives selling at 12 and
f .submarine Boat at 16 and 161.
Mining stoclts were steady and with
out Important change.
I.NDUbTKIALS
101 101 101
do nref
Intl Paper 35 31 31
Intl Xickel . .111 29 H 29
Kan Cy South 18 18 18
Kelly fapgfd 48 48 48
Kenne Copper. 31 Si 31 33
Lack Steel 84 81 81
I.oiillaid P rts 15 14 15
Mav Mtr 1st pr 57 57 57
1 Met Petrol
Mnlvale Stl..
53
24
55
70
31
17
Mont Power ,
Xat Acmo . .
Nat Con & C
Nhv Con Cop. . 20
7.t
S
:is
New York, Aug 21
Price movements were less erratic on
the Cotton Exchange today, and during
the greater pirt of the session the un
dertone was eisler. The weekly weather
report was without apparent influence,
due to the fact that the daily advices
had prepared the trado for what was
to come.
Whenever the market showed n. ten.
dency to lallv- offerings Increased, and Mis f'ac
in ims way me upuaru movement was do pr
ueiu m mecii as a matter of fact t
number of important observers main
talned today the telling could be con
elrlni-0.1 n .. ,.., .It..- fm.... .,.,.,.
n.-. , ul,,lllh Hum 6UUU BUUrCCS. x- v r-onfv,!
ino early advance of some 17 to 20 VJ y x jj & H
points attracted scattered realizing lu xth American
advance of the wttMv crop report. Ohio Gas ...
This proved quite as bullish as exnect- Ohio Fuel Sup 41
ed, but had evidently betn pretty well Ont Silver .... 9
discounted and after Its publication Oc- wens Bottle. (10
tober sold off t 31.96c and January to Paliu; Mall... 31
3135c. or about 5 points under last Pan Am Pet' pf 01
night s closing figures and 22 to 24 Penn It n. .-. . 43
points from the high level of the morn- Pitts & West. 37
lug Plerce-Arrow... 39
Local spot brokers reported no change Pitts Coal.... 50
In tho situation, with domestic spinners Pressed Steel C 70
still holding off. but there was also an E""St,alinIJ-ar-11h,Ti
absence of hedging from southern ?v cSS CoV "3
sources, which rendered sellers cautious. Reading ..' 00
and the dip, after the publication of Hep Ir & Stl.. 92
the weekly report, was followed by Bojal Dutch ..101
rallies on covering by shorts Saxon Motors.. 6H
Yesterdaj's Sloss-Shef S & I 60
close, upen HlBh Low Cloe nillfiair Jii .. .iin
3J tu 31 m 3J 2J 31.1,1 31 !1 Southern Pac. . 87
25-n!J ?.! V" :!!-5s 31-04 J'-!5 Southern It It. 24
.11 2 (J 31 II) 31 4S 30 69 Jl oi 1 do uref 03
Tenn Cop & Ch 10
Tex & Pac ... ia
8i
44
A
75
47
3
101 100 100
&rfs
i"
Government Local
Market Reports
This dally report is sent out by the
KVi States Department of Agriculture.
tr' thlnrf1nhti hrtmrK mith hrnrtmmr:
H.-viar tit Stln.Sl.1 ln.tlimnrm P.rrhnn7
IP-tlulliJiYin
(Wholesale prices on large lots to
Deiers Dasea on
Uroad depots 1
W'',t FRUITS
EiV1 ATTT.V: TJw T,..v C-.h,,.!..! V...L.I.
ancy, tl.231.5u, poorer. 4UcfaJl. New
cork, various arleties. barrels. S'jri i..
tuabal baskets. 7Sc&?2.
. . i,iirpiirtiiDOa r,Ai.n . . j
Ff-atandards. J2.252 75. Jumbos, 36s (.' 75
,' so; ponys. ji.ou, nats. iocojl.25 . w
Jersey, H -bushel baskets, best, 41(31 5U.
Vi nRiPEfU-Dl,Uflr.. S nnnnrl rnv K.10-
aujes. iiicjbc; crates, Aioore s earl, 91 JO
ivi.a; iiemwire, .
1 ipbbers based on sales at the various
Corn (new dell-r ) V k!i'
i n 111 ,1 1 Im I l.iK ,
1 I H -. 1 hi ' 1 M 1 1,4 1 1. 1
Oct 1 lli'j HT'i 1 l."i 1 l.3'i 111"!',
Oats
Sept ... 73S 73 72. 72'i 73
Oct. .. . 71'i 75'. .7T 74', 71i
Lard , .
Pept 20 2 2U 72 26 72 20 77
Oct 20 67 2ii 62 20 62 2(1 00
Sent "."7..... 25 02 2100 24 00 2" 00
Oct 25 25 25 10 25 10 25 22
Setit"' .77 . . . . 44 20 44 00 44 10 44 30
0ct.' 44 (ill 44 40 44 50 44 75
October .
January .
Maroh . . .
May
December
Local Meat Market
The following renort nf th f.,.1. ........
tarde In Philadelphia Is furnished b the I
lut.i niaiucK iinu meat onice or me nureau
of Vtiirkts. United Mates Department of
AKriiulture.
IT.l.sr BEEF Receipts moderate: mar
ket stromr holding prices hls-her. demand
Ixsl f .1 fr h low-priced steers and cows
.sn.l H- - n leipta moderate, market
f. 'rl' t ii.s higher on medium and
i omniDii kin Is at $10(123; choice beef. $24
1 ..t iifinaiiu KOUU
52
23
55
70
31
17
20
73
42
30
37
44
9
60
314
i
91
43
30
38
SIP j
70
111
B8
23
89
91
103
6
59
31
87
23
03,
44
7''t
15
71
124
62
23 ..
55
70
31
17
20
73
43
30
37 4-
44 4-
9
60
31 ..
3
01
43
36 !4
38 ..
.-( 1
70
111
04 1
23
89 ..
91
104 1
0 1
09
31
87
23
3
44
18
15
71
121
Bid
Aetna Explosives .... 11
Am Brit Mfg 4
Am Mraconl 3
Am Writing Paper. . . 3
Air Reduction 60
Canadian Car Co ... 30
Con Car & Fdy pf . . . 770
Charcoal Iron 7
Chevrolet Motors ....140
Cramp 80
Curtlss Aeroplane ... 30
Carwen Tool 0
Carbon Steel 118
Emerson Phonograph. 1
Federal Dvo
Hendeo Mfg 10
Lake Torpedo Boat... 4
benign coal Hales.
Lima Loco
Maxim Munitions .
Marlln Arms . . . .
N Y Shipbuilding..
Nor Am Pan Puln
Otis Elevator 47
Peerless Motor 16
Poole Eng so
Redden Truck
Scrlpps Booth 20
Standard Motors ... 12
Steel Alloys 4
Submarine 16
St Joseph Lead .... 14
Triangle Film
United Profit Sharing
U S Steamship .... o
United Motors . . . . 33
Tofld Shipbuilding... 88
United Sugar 30
world's Film tu.
Wright-Martin Air... 8
liuc; e.unceni 1 2
hTANDAKD OIL
Illinois 150 155
onio am
Prairio Pipe 254
S O Cal 215
S O N J 815.
SON Y 267
INDEPENDENT OIL
Barnett Oil & Gas..
Cosden & Co e
Elk Basin 5
Federal Oil 1
Inter Petrol 134
Houston Oil si
Merrltt Oil 22
Slldwest Refining... UO
Test, close
Ask (sale)
11
3
4
70
40
80
142
85
38
8
122
12
'i
4
140
20
5
87
46
A
82
48
3
62
17
70
12
28
13
(I
17
14
6
33
02
35
0
3
85 Am Gas. 03
0 Am Rwys
pref. ,, eo
7 But & Sua
tc 58
5 Gen Asph 30
20 Ins Co of
N A... 26
1006 L Sup Cp 18
27 Leh Nav 60
20 Leh Val, 69
1220 Lit Bros. 24
SMInehlll. 60
131 Penna RR 44
30 Ph Co cm
pref... 32
157Phlla Klec 24
174 P U T tc 27
100 Ton Bel.. 2
100 Ton Mln.. 2
20U11 Trac 37
33 U G I a
470U S SH..112U 112
30 W Cramp 81 81
Tntfll a!. MUl .(..u. ,nmitn,Ml . lit.
6083 cliarrs yesterday) thus far this eek.
:2 " . ""tcbi same iwnou lasi went, io,
153 shares.
Net
I,ow Close ch.
03 63 1
60 60 1
08 08 2
30 30
26 26 ..
18 18 J
68 68
59 00
24 24
50 00
43 43
32 32
24 24
27 27 ..
2 2ft
2 2j .,.
37 37 4
66 66 ..
112 112
81 81 1
31
Closo
69
Net
chge.
1V4
BONDS
$2800Elec&Pe""t" LW
Tr Is.. 70 69
niiw i.iu uonus
3 !... 101.50 101.20 101.60 .10
3930 d0 4s... 03.92 03.40 93.92 .52
2000 do 48. 95.10 03.10 93.40 .02
100 do 1st
4 Us... 03,40 03.40 93.40..
1000 Nat Prop
4-6S.... si
6000 Phila Elco
1st 5s.. 92
2000 Span-Am
Iron 6s 99
92
31
92
LOCAL STOCK TRADING SMALL,
WITH PRICE CHANGES MIXED
99
99
'M0,(!.J??!'", !r,',i0' rompared with $68.
same period last week, $87,500.
Local Bid atfd Asked
Amer Stores ....
Buff & Bus
do pref
Brill J a .......
Baldwin
Kleo Storage ....
Gen Asp
. do prof
Key Tl
Today
Rid Ask
Yesterdav
Bid Ask
26
07
4S
21
53
80
01
7
up prei 47
Lake sup Corp ... 18'i
lli Nav us 94
Leh Valley o
Leh Valley tr
do pref
Penna 43V
Phila Eleo 24
Phila Co 26'i
do 5 pc pr 24
do 6 pc pr 30
Phila R T to 27
Readlnt so'.
Ton Bel .",
Ton Mln 2i
Un Trao 374
U C5 I 05
"s &teel 111H 11m ma, me,
JVm Cramp & Sons. 70 81 80 82
York Rwy -,u. 954 7lj ntj
do pref 3014 32 30ii 32
30 I'll 3D
h0 59 0 I
50 4S 5(1
25 21 2.1
4'i 94i !l1'i
04 53 04
31 3D .11
bit 04 OH
8 7 8
49 47 49
18i 18i 10
BOH ,i0 69 4
09 09 59V4
1 .. 10
37 . . 7.1
44 411 44
24' 24 24W
27Vi 26k 27
24
32 30 32
274 27 27 H
8?i 8fl4 00
3 2'i
2i 2H 2
3S 37 3S
66 63s; 66V5
Lake Superior and Lit Brothers Only Home Isssues
Showing Activity, and Both Are Lower Cramp
Certificates Advance
Stock trading was small on the Philadelphia exchange today and price
changes were mixed, with a tendency to lower levels for most Issues. Lake
Superior and Lit Brothers were about the only home shares that showed any
activity of Interest and both were lower, tho former losing U and the latter
on a block transaction of 1220 Bhares, yielded . Superior gained a trifle
from Its low price' Just before the close.
Buffalo and Susquehanna certificates were weak, losing 2 points to B8
on a trifling sale, while American Railways preferred dropped 1, General
Asphalt common and Philadelphia Company cumulative preferred each.
Early In the session Rapid Transit trust certificates gained slightly, but
In the late afternoon they declined to 27, off , and closed unchanged, while
Union Traction was a little higher. Lehigh Navigation lost , United
Gas Improvement was unchanged and Philadelphia Electric closed off .
William Cramp, although Inactive, was strong, ndvnnclng 14 points.
Near the close a lot of twenty-five shares of American Gas came out
at 63, off 7 points from the last previous transaction.
Dealings In Liberty Loan Issues attracted most attention In the bond
trading, with the second 4s higher, while the 3s declined, notwithstanding
the fact that on the New York exchange they reached a new high record
price of 102.04.
July gross of the Philadelphia and "Western Railway Company was
$57,704, an increase of $1929 over July, 1917, but the net for the month was
only $25,277. a decrease of $3162. For twelve months .the gross was $592,230,
a gain of $45,152, and the net $261,705, or $12,525 less than during the cor
responding period of 1917.
m
Commenting on the Hale & Kllburn earnings statement recently Issued,
the management says:
"The Hale & Kllburn Corporation, which was recently reorganized by
the stockholders of the Hale & Kllburn Company, has completed operations
for the first six months of this fiscal year, which compare favorably with
the corresponding periods of the three previous jears.
"The plant Is now upon a 90-per cent war-production basis, the majority
of Its orders being directly or Indirectly upon Government work, In lieu of
Its former peace-time product, which was railway car seats and equipment,
Enclosed motor bodies and miscellaneous stampings, all of which have been
greatly curtailed. 1
"The equipment and facilities for the peace-time products, however,
have not been destroyed; a considerable portion is being used on war product,
so that the concern Is In a position to handle Its railway car seat and equip
ment business, should the railway administration come Into the market for
such equipment."
6
32
8
Met Petrol
Ohio Fuel . . .
Oklahoma Ref
Sapulpa Ref .
Sequoyah
Sinclair
1
12
0
0
16
322
237
220
620 01
272
bTOCKS
A
6
0 .
2
13 .
83 8
24
112
1 .
17
7
6 ,
18
6
New York Bonds
Tobacco l'rod . 72
Union Pacific. .123 124 121
Unl Cigar Strs.101 101 l(i;
do pref lou iuu kk
t
United Fruit.. 128 128 U8
U S Ind Alcho.127 127 127
U S Rubber... 02 & 61 6J
do 1st pr...l04 104 101
U S Steel 112 111 111
do pr 110 110 110
Utah Copper.. i
Vu Car Chem.. 51
-inf.j ti.i..,u .n...i.. .... .t... ..- waoasn or a . an-j
ft ill22. demand lTrl.k. ' ' """e West Union Tel 82
VUAL Receipts licht. market stromr on Westlngh Mfg. 43
oiit Biu.o ni ijuiuiii, ntttv hiiu mCUIUm ' VVOTtn t Oi ill.
enlves. $18Q22. light veal. $24(u-27. demand Ar, nf n
cood
rrinv i?u.int. ui.. i...ii ...- .,,.
market firm at $2933 on loins, demand' White Motors
jusi imr
ilL'TTON Recelnt moderate. tn-irlfnt
I steady on ewes at $18'24, eood wethers
mgner iu.u; uemana lair.
63
69
9
46
19
do pref 82
I Wheel & L E
Willvs-Overl
o
51
38
82
43
m
60
0
43
10
82
80J4
61
38
8i
43
(!.!
09
9
45
19
82
PHILADELPHIA MARKETS
Cj PEACHES New Jersey. 16-quart and ,
ef fcuabal baskets, best, $1 3091.90; poorer.
jtrteVIU: crates, best. 12 2V43.25; poorer.
i 4-J.wvy. vcian.m OS, cauerias, )0U1V
lOTSui
H-bushel baskets.
100
1 SKfcV
, imti,x
fjfpl
.BS- New Jersey.
letts. II ( 1 50.
'ATERMELONS New Jersey,
IU. suuyoo.
;Af VEGETABLES
pt-BBANS New Jersey, j .bushel hampers.
n lancy. 91 ovst. poorer, Sll.jo,
EETS Nearby, per hunch. i!Ufi)i.
ABBAOE Now Jersey, -bushel bas-
4DOB5C.
LERY New Tork. n.r hunrh. miar.rv.
:ORN New Jersey, S-bushel baskets.
ll.25Wl.6U: poorer. 75t00c.
CUMBERS New Jersey. si.bushel
ts. 6OC0S1.23. New York, bushel bas-
81.7SIS2.2S.
OPLANTS New Jersey, . bushel bas-
aoyooc.
JSTjy Torlc' rate 2 dcxen
75ot$l.G0.
A BEANS New Jersey, -buahel
a. 12.25OT! ISO.
lows w Jersey, H-bushel baskets.
it.zaoi.ou, Dusnel hampers,
and yellows, only fair. 21.11101 0.1,
iib. luvwuiui picKi. y. nwi. xiic
sylranla. bushel hampers, yel
11 ivmw xora. iiiu-oouna laru. ve
nftuiiuiDii. mU'inunu sarvi. Vi
fttPPERS New Jersey, ,-bushi
Xi)W.lie
ATOES New Jersey. ai.busK
S0c6l! No. 2, 4563c: l.TOTpound
no. l, 3 Uf4 40! No. Z. (2.50.
ASH New Jersey, H-bushet baskets.
ET POTATOES North C.mlln.
il. No 1. yellows, 88.B0; No. 2.
1. isws.z.s.
ATOES New Jersey. U.hiiihel 1,0.-
Plimes. 30(i?50c, culls, 10O20c.
-JJUCTION SALES TESTERDAT
1
NOES California, per hoi (120 to
bos). S70O.4O: (260 to 3'4 In hnrl
50,
SONS California, per box fSOO tn dtin
kl). I5.30S
re-vaiirortua, per 4-baiket crate.
W i.v.
CHSS California, per box, 60eO
B California, per box (45 pounds
arllstts, $1.7504.23.
J'&T2
BAR SILVER
Today T.
(Wl
Last 1918
VVeJ. Hlirb Low
vs1
GRAIN AND FLOUR
WHEAT Receipts J6H 028 bushels. The
market ruled Mrm. with offerings well
cleaned up Quotations follow: Car lots
In export elevator (Government standard
inspection) standard prices No 1. red win
ter $2 39. No 1. northern spring. $2 3'J;
No. 1. hard winter. $2 i'J. No 1. red win
ter, garlicky, $2 37, No 2, red winter.
$2 30. No 2 northern spring. J2.30; No. 2.
hard winter. $2.36. No 2, red winter, gar
,lcky. $2 34. No 3. red winter $2 32: No.
3, northern spring. $2 32, No 3. hard win.
ter $2 32. No 3, red winter garlicky, $2.30.
CORN Receipts. 3839 bushels. The mar
ket was dull and nominal at 11606100
per bushel, as to quality, for jellow for
local trade .
OATS Receipts. 40,659 bushels. Trade
was very Quiet, but prices wero steadily
M.i,i.in. nuntatlons. Car lots, as to
inratinn No 2 white. S0V4S14c: standard
white, 8081c. No. 3 white. 79'i S0c
Trade was slow and the general market
ruled In buyers' favor. The quotations were
as follows: To arrive, per 106 lbs In
98-lb. sacks Winter wheat. 100 per cent
Hour. 1U Wlfl'IJ". rvii-B ," ". " 1
cent flour. $llll 25. spring wheat. 100
per cent flour. $11 1140
RYE FLOUR was dull and unchanged
Wo quote $0.23 10.25 per bbl.. In sacks, as
to quality.
PROVISIONS
Th market ruld firm with a fair Job
bine demand. Quotations: City beef. In sets,
smoked and alr-drled. 47f. western lef. hi
sets, smoked. 47c: city beef knuckles and
tenders, smoked and alr-drled. 48c. western
beef, knuckles and tenderB. smoked. 4Sc;
beef hams $60. pork, family. $32053 ham;.
B.p cured" ioose. 31W32c, do sklnped.
loose. 31c32c: do, do. smoked, 33 033c, other
hams smoked, city cured, as to brand and
average. 3234c: hams smoked western
cured. 32034c: do. boiled, boneless. 46c,
picnic shoulders, S. P. cured loose. 23J4 o:
do smoked. 26c bellies In pickle, accordps
to avera-e loose 36o: breakfast bacon, a to
J?.".'..;' i..-V... Altv -need. 43c do do
western curd. 4ic: lard western refined
27S 2Rc. do. purse city, kettle-rendered.
27V4 28c.
REFINED SUGARS
Demand was fair and the market ruled
firm under hint rrerln,s. W. quot. on a
basis of $7.50 for fine granulated.
DAIRY PRODUCTS
CHEESE Tha market ruled firm and
higher with demand absorbing tho limited
nrrVrinas Quotations; New Tork. whole
milk fancy, , Irish. 264 27c: specials
higher. SSio. fair to, good fresh. 25. g
28-c' Wisconsin, wbole-milfc, fancy. 26Vi
OMoiX!"" i-lr to good, 25V 26c
BUTTER Receipts were light and the
market ruled firm under a fair demand.
Quotations: Solid-packed creamery, extra,
47c: hlgher-acoring foods. 48030c: extra,
Arsis. 484 c: firsts. 4546c: seconds. 424
rtl4c; fancy brands of prints jobbing at
-.itiT.r.c; choice at 52c; fair to good at 48
WlilS H'rlctly flna errs wer srarra and
wanted at fu'l pr't- while poor stock wa
Dlentlful and lull Quotations! Frro msea
nearby nr-u. 1S.(IJM4.10 per sUndard
case: current rwtlpta. IIS SO per case; wtst
JJn Vtr flrU. IU.80li.lO. per case;
firsts $13 20 per case: fancy selected eggs
were Jobbing at 5153c per dozen.
POULTRY
LIVE Trade was slow and th market
ruled weaker and lower under fairly liberal
offerings Quotations: Fowls, 3tlH7Hc
sprlnu chl kens, not LeahornM, actordincr
to quallti, 35&1S-. White IeNrnon. 33G.J
3"r roosters, li5&2(ic; ducks, Pekin, sprinc,
.SL'JJc, do do, old. 3Uli32c; do, Indian
Itunner l'7w29c. gulneau, pvr pair, Jl J5W
1.-13, pigeons, old, per pair, 3u3uc; du,
yuunir u i pair JH&AOc.
DHi:ssr;D The market ruled firm on fine.
dstrabIe-Mlzed stock, with demand absorb
ing th- limited offerings. The quotations.
Tresh killed fowls in barrels, fancy, dry
picked fancy selected. 304c; weighing 4
lbs and oer apiece 20c. smaller Blzes, 32&
33c, old roosters, dry-plcked. 28c, broiling
chickens, western fancy, weighing 1H 2
lbs apiece 40 d? 41c, weighing . lbs apiece
and over, 3SfiT3iic, spring ducks. Long Island
and Pennsylanla, 36 fir 37c, squabs, pur
dozen white, weichln? l(tf?12 lbs per dozen,
SS8 2. do. weighing 01U lbs per dozen.
S7fi7 .10. do. welehine 8 lbs per dozen IflO
6 30; do. welshing 7 lbs per dozen. S4.SO0S;
uo, weiKiuriK OKi'iiT. iuh it?r uozen, .llU'-i:
do dark, $1.S02.50; email and No. 2, SI
2 50
FRESH FRUITS
Choice stock sold fairly and valuer pnr.
n'ly were well sustained as followa. Applea.
New York and West Virginia, per bbl ,
$2 507 30, do. per -bushel basket. 50c
w $1.23. do. per bushel basket, HOI',
Peaches, Delaware and Maryland, per 6
basket carrier. $1 506 3 do. West Vir
ginia, per 0-basket carrier. $1 B03 Lem
ons, per box $09 Oranges, California,
per box, $09. Grapefruit, per box. $4
3 firapes, Delaware, per 0-basket car
rier, $11.25: do. do, per 3-11) basket,
15lSc. do California, per 4-baaket crate,
$1.252 Pears. California, per box. $1.30
4 Plums. California, per 4-basket crate,
$13 Cantaloupes North Carolina, per
standard crate, $11 50. do. do. per pony
crate. 65c$l: do, do. per flat crate. 50c:
do. do. Ridgways, per standard crate. $2
Atlanta
Bis Ledge
Butte New York..
Con Ariz
G P S & Jeroe
First National
(loldfleld Moger .
Ooldlield Cons
Goldfleld Florence.
Goldfleld Kewanas.
Cireen Monster
MIMJ.G STOCKS
3
1 1-15
i
1
1
20
0
3
4r
Hecla Mining 5ri
Howe Sound
Independence Lead..
Jerome Verde ....
Jim Butler
Jumbo Extension
McKlnley Darragh...
MaRm.i Copper
Mother Lode
Mints Co of America.
Nevada Hills
Navada Wonder . . . .
Nlpisslng
Ohio Copper
Ray Hercules
San Toy
Tonopah Extension . .
United Verde
West End Con.... 1
White Ca)3
Yerington
4'4
66
0
40
20
84
1
"Vt
8.
'.
Ya
8
m
36
1-82
25
4
4
1
1
o
3
25
14
a
Vt
CTa
4
I
58
11
43
31
36
1V4
4
8
1
4
10
1
37
1 3-32
20
6
4
it
"iVc
SA
38
0
43
30
33
4
itl
2.50: do. do. do. ner Donv iral.. tl An
Delaware and Maryland, per standard crate
$22 75; do, do, per pony crate, 1 1.5(1;
do, do. per flat crate, 75cll: do, Cali
fornia. Turlock. per standard crate, $2 75
3; do, do, do. per pony orate, $1,752;
do. do, do, per flat crate, $1.50.
VEGETABLES '
Potatoes of fine quality were In good de
mand and firm. Onions were quiet and
prices favored buyers. Other vegetables
wore generally steady. The quotations fol
low: White potatoes, Norfolk, per bbl.
Not 1. I3.804.80i No. 2, J1.2502.BO: white
potatoes. Eastern Shoro. per bbl. No. 1.
13.5004. 60: No. 2. $1.7502.50; white potat
toes. Jersey, per fi -bushel basket No. 1.
85e$1.10: No. 2, 40060c; white potatoes,
Jersey, per 150-lb. bag No. 1, $3.754.25i
No. 2. 22.B0; sweet potatoes, Jersey, old,
per hamper No. 1. $202.50; No. 2, 11.250
1.7S; sweet potatoes, North Carolina, new.
per bbl. No. 1, IB7i No. 2, 2.E04:
culls, $22.B0: sweet potatoes. Eastern
Shore, new, per bbl No I, $08. No 2.
""i ieiiucrt acw lum per rrate 41
- i .hi c lry
one. peas. Ne1
nu: oniom
Tnfiil kiilM. 715.100 share. rnmnarMl tilth
101,200 share jeMenluj I thus far this week,
576,800 shore: sumo iirriod last neck.
1,752,4UU shares.
Ex dividend Standard Milling. 1 and 1
In stock, do pref.. 14 . Nat. Cloak and Suit
pref.. l : Pen. Chemical. 2.
Securities at Auction
The following securities were sola at
auction today by Barnes & Lofland:
STOCKS .
Shares
5 Central Trust and Savings Com
pany: par $50 80
4 Philadelphia Bourse common, par
$50 6i
4 Philadelphia Bourse common, par
$50 6
1 Klrst National Bank, Philadelphia;
par $100 215
10 Penn National Bank, par $100 .. 33014
53 Philadelphia National Bank, par
$1U0 3401.,
3 Fidelity Trust Company; par $100. 480J
40 Media Title and Trust Company;
par $25 55
10 United Security Llfs IrBurance and
Trust Company, par $100 100
3 Frankford and Southwark (Fifth
and Sixth Streets) Passenger
Hallway Company 284
10 Philadelphia City (Chestnut and
Walnut Streets) passenger Hall
way Company 115
2 Second and Third Streets Passen
ger Railway Company 200
10 IL K. Mulford Company: par $50, B7H
40 II. K Mulford Company: par $50. 00
6 United Gas and Electric Corpora
tion first preferred;ipar $100... 40
5 Mutual Trust Company...: 35
BONDS
$1000 Wlldwood-Delaware Bay Short
Line Hallroad Company. 5 per
cent. Flr3t mortgage. Cou
pons June and December, Duo
1B40 60
1000 Crane Iron Works, 8 per cent.
First mortgage. Sinking fund.
Coupons March and Septem
ber. Due 1039 91
100 Interrtate Hallway Company, 4
per cent. Collateral trust.
Gold. Coupons February and
August. Due 1B43 38
1000 llestonvllle Mantua and Fair
mount Passenger Hallway Co.,
B per cent, consolidated mort
gage. Coupons May and No-
ember. Due 1924 91
High Low Closo
45000 Anglo-Fr Bs.. 94H 94t4 04?;
2100Am-Kor Sec 5s. 97 97H 97t
1000 Am Tel ut4 '4s 82 82 82
8000 Am W Pap 6s. 86tf 864 861,4
11000 Ainiour Co44s 824 82 82
12000 Atchibon g 4s. 80 80 80
3000 Atl Co L 4s.. 79 Vj 794 79 Va
4000 (tacit 4s.... 71 7114 71H-
12000 Bait & Ohio 4s 74 73 73
1000 do cv 4V..S.. 76 76 76
1000B & O Swn3V4s 83V4 834 83 ',-i
11000 Beth SI lst5s'36 81 81 81
3000 Brook n T5s'18 95 Vi 95 95
1000 Bordeaux 6s .. 91 94 94
1000 Cent Leath Bs. 944 94 94
1000 Ch & O cv 4V4s 77 77 77
1000 do 4'sS .... 76 76U 76
2000 do cv 5s 81 81 81
5000 Chi & Alt 3 Us 40 40 40
3000 Chi (it West 4s 57V4 67 67
9000 Chi B & Q 4s. 94 93 93
lOOOChiB&Q 111314b 73 73 73
2000 do 4s 814 81 V4 81 Vi
1000CM&StPcv4Hs 76 76&s 76s,
2000 do rfd 4s .. 68 68 68
77000 Col & Sth4s 73 73. 73
15006 City Paris 6s. 91 91 91
BOOOCon Gas cv 6s. 99 99 99
1000 Corn Pro Bs'31 99 99'j 99
4000 Dom Con 1931 92 92 92
3000 do 1926 92 92 92
2000 Erie cv 4s SrA 48, 48 48
1000 do 4s Ser B. 52 52 52
13000 Erie gen 4s.. 53 53 53
5000 Ft Rep 5s. 99 98 99
1000 Hud & M in 5s 19 19 19
1000 111 Cent 4s '53 74 74 74
2000 Interb Met 4s 50 50 50
5000 Interb It TrefBs 79 79 79
173000 Inter Mer M 6s 99 98 98
3000 Kan C Ter 4s 73 73 73
2000 Lack Stl 6s '23. 95 95 95
1000 Lak S d 4s '31 84 84 84
3000Lvons 6s 94 91 94
1881000 Lib bnd 3.102.04 101.18 102.01
LIVESTOCK QUOTATIONS
Chicago. Aug. 2L HOGS Receipts., IL
000 head. Strong. Top. $20C butchers'.
Illi.SUfe 10 !".. light hogs. $1 25Q20: pack
ing $17.9010.10: roughs. $17.4017.S5.
bulk. $18 23 10.70: pigs, good and choice.
$1SJ 1 ."n"
CATTLB Receipts 11,000 head Nate
and western steers strong: calves higher.
SHBLP .Receipts. 17,000 head Slow.
Lambs, choice and prime. $17.0518.25.
Chicago. Aug. 21. HOGS Receipts, 13,
000 head: left over. 7808 head Strong
with estcrda's average on good hogs.
CATTLE Receipts, 10,000 head.
SHEEP Receipts, 18.000 head.
Knst llurTnlo. N. Y.. Aug. 21 CATTLE
Receipts 100 head Market steady.
CALVES Receipts. 500 head. Market
ulciuh. $7lll.
HOGS. Receipts. 800 head. Market strong.
Hcay. $20 5O02O.75: mixed and orkers,
$20 S52(l 110: light jorkers. $2020 50:
KtaKS. $12l"i: rojghs. $17.25 17.75; pigs.
"hilELP AND LAMBS Receipts 200 head.
Market steady. Lambs. 1018; few,
$18 12V4. Others unchanged.
Financial Briefs
South Omaha. Aug. .i.iiuusneieipis.retary McAdoo announced today. Of
Jih"nWiii lh -" . .. tnla um 7b6l676,408 62 is in gold coin
$18.-UIU IV. lU. I . ,. l,nUnA Kllln
SO - 50
02 01
98 ..
82
103
BONDS
Bethlehem 5s 00 100
Cosden Oil Cs 81 84
Cnxden . Co 6s 81 85
Cudahy 5s 07i 07V4
Hubslan Got 5s... 57
do Cs 00
Southern Rwy 6s.... 08
Sinclair Oil 6s 70
Todd Shipbuilding 6s 100
MONEY-LENDING RATES
NEW YORK Money on call, mixed
collateral, ruled all day at 6 per cent ,
and on industrials at 6 per cent
Conditions In the money market show
no change. Tnero are few transactions
in money, and 6 per cent is firmly bid.
Time money on good mixed is still nom
inally quoted at 66 per cent for
periodB of sixty days to six months.
On actual business, the maximum figure,
as in industrial loans. Is 6 per cent.
Mercantile paper of choice 'quality
remains active and the minimum dis
count rate is 6 per cent.
Prime bank acceptances are un
changed at 4 6-16 and 4 per cent for
eligible member bills; 4 and 4 per
cent for eligible non-members and 5
and 4 per cent on lnelllglbles.
PHILADELPHIA Call, 6 per cent;
time, 5ii6 per cent. Commercial paper,
three to six months, 56 per cent; six
months, 6 per cent.
LONDON. Money is quoted at 3 per
cent; discount rates, short bills. 3 17-32
per cent; tnree snontns Dins, J u-aa per
cent.
American Sumatra Stock Subscription
Boston, Aug. 21, iThe American Su
matra Tobacco Company today made the
following announcement on the Issuance
the. nw RtncVr? "The stockholders will
be allowed to subscribe for one share of
stock at .par for every four shares
owned, after the payment of the 15 per
cent stock dividend. Tha dadltlonal
stock, when authorlied by the stock
holders, will remain unissued for the
present."
Paris Bourse Active
Auk 21. Trading; was active
301000 do 4s 03.0J 93.80
41000 do 1st 4s 04.18 94.10
2166000 Uo 4Vi 95.44 05.00
512000 do 2ll 4. 03.08 03.80
38000 llo 1st 4ViH.-04.IK 114.14
1000 Marseilles 6s. 94
12000 Mo Pac gen 4s 57
12000 N Y C &. H 6s 91
1000 dojs ...'... 77
6000 NY Clty4s'63 99
1000 do 4s '64.. 94
5000 do 4s '65.. 100
2000 N Y Rwy 4s. 51
11000 do 5a 22
4000Nor.'Pac 4s... 80
1000 do gen 3s... 68
lOOOPerre Marq 5s 80
1000 Pac Tel 6s. .. 87
10000 I'enngn ct 4s 86
1000 Read Bn 4s.. 82
2000 Sine Oil wr 7s ..
1000 do 7s 92
!innft Be 1, Jt S V Ser
A 4s 59
1000 do B 6s 73
4000 S A & A P 4h. 55
2000 Seb A L adj 5s 54
1000 So Bell 5s.... 86
1000 Sou Pac cv 6s 91
11000 So Ry gen 4s. 63
4000 do 5s 89
1000 Texas Co 6s.. 99
20000 U S Rub 5s.. 80
16000 U S Stl sf -6s. 98
1000 Union Pac 4s. 86
1000 Un Pac rfd 4s 79
DOOOOU K of G B &
I 5s 99
63000 do 6s 1919 98
360000 do new 1919. 99
14000 do 1921 .... 95
2000 West Klec 5s. 95
94
57
94
77
99
94
99
51
21
80
58
80
87
86
82
95
03.82
04.12
05,00
93.82
1)4.18
94
67
94
77
99
94
99
51
21
80
68
80
87
86
82
Kansas Clt, Aug. 21. HOGS Receipts,
11,000 head. Opened very slow, prospects
10c to 15c lower. Range. $16.909 19.40.
DIVIDENDS DECLARED
Northern Ohio Electric Corporation, reg.
ular quarterly of 1 per cent on preferred,
payablf September 3 to stock of record Au.
gust 20.
Mergenthaler Linotype Company, regular
quarterly of 2 per cent, payable Septem
ber 30 to stock of record, September 4,
Standard oil Company of Kentucky, reg
ular quarterly of $3, payable October 1.
Books closo September 10 and reopen Oc
tober 2
Wripral Sucnr Hennlriir Company, usual
quarterly of 14 on common, payable Sep
tember 10 to stock of record September 6.
National Surety Conipan. usual quarterly
of 3 per cent, pavubl. October 1 to stock
of record September 20
American Power and Light Company,
usual quarterly of 1 per tent on common,
payable September 1 to stock of record
Auxust 23 '
Fairbanks Morse and Company, regular
quarterly of 1'$ per cent on preferred
stock, paable September 1 to stock of
rerord August 21.
Cuban-Amerle.in Sugar Company, regular
quarterly of 2'g per cent on common and
1 per cent on preferred, both payable
October 1 to stock of record September 10.
Montana Power t'omnnnj, regular quar
terly of 1U ner tent on common and 1 per
cent on preferred, both payable October 1 to
stork of record S.ptember 14.
Union Bag and Paper Corporation, usual
quarterly of 1 per cent, payable Septem
ber 10 to stock of record September 6.
Crows Nest Pass Coal Company, a divi
dend of 1 per cent, payable September 2
to stock of record August 25.
Republic Iron and Steel Company, regu
lar quarterly of IS per cent on preferred
and 1 per cent on common, pas able Sep
tember Id to stock of record September 6.
nid
Jim Butler 57
MacNamira 3(1
Midway 04
Mlzpah Intension (HI
Montana 11
Northern Star (I
Rescue Eula 13
West End IrV
GOLDFELD STOCKS
Atlanta 04
Blue Bull 01
nooth "4
Dlamondfleld B B 02
Daisy 02
Kewanas 0.1
Oro 01
Sandstorm Kendall 01
Silver Tick 04
MISCELLANEOUS
Arizona United 10
Nev ada Wonder
Tecopa Mining 13
Assessment paid.
92 92
59
73
65
54
86
91
62
89
99
80
98
86
79
931 1
98
99 ft
95
95
69
73,
65
54
86
91
62
89
99
80
98
86
79
99
98
99
96
95
I
FOREIGN EXCHANGE
New York, Aug. 21. The foreign ex
change market opened inactive and the
tone steady today. Quotations were:
Demand sterling 4.75, cables 4.76.60.
Sixty-day bills, nominally, 4.73 ; ninety
day bills 4.71.
Franc cables 6 66, checks 6.67.
Lire cables 7.50, cables 7.51.
Swiss cables 4.05, checks 4.07.
.Guilder cables 53, checks 51.
Pesetas cables 24.80. checks 24.25.
Stockholm cables 35.70, checks 36.30.
Christlania cables 31.70, checks 31.30.
Copenhagen cables 31.50, checks 31.10.
Ruble notes, nominal, at 13.25 13.40.
8.69 8.71
.... 8.06
9.00 0.13
9.29 9.28
1nel
'nucrj r: u ier crate i on ine nourse ioiu. inree per wh
'Jy $CZ ork, Pf, ,l"'n,ch. l.'. rrnlt-s. 62 francs 80 rentlie for cash;
jusnei namper. 11.10 .-" . ,... v. ,.-....- --
ba. ,2.2081. centimes.
BANK CLEARINGS
Bank clearings today compared with cor
responding day last two years;
1918 1917 1816
Phila. .,$76,386,031 $31,281,781 $41,570,122
N York B57,7I),RS0 4n2,K71.117 486.004.208
Boston .. 48,501,887 84.142.740 25.883,960
Baltimore 10,961 955 6.522.555 5.838.482
St. Louis 25,123 793 20,823,081 14,482.308
Chicago.. 81.088 117 71,019.375
Total sales, W.100.000 compared with
S7.245.0O0 jestrrdayi thus, far this week,
21, 187,0001 same period last week, $17,
239,000. NEW YORK COFFEE MARKET
New York, Aug. 21. Much of the
early business in the coffee market con
sisted of the buying of September and
reselling of May by one of the leading
local brokers, who was helleved to be
transferring short lines from September
to May. There was also further switch
ing of September to March at 69 points
and September to May at 74 points.
Yes'daya
Open High Close close
Sentember 8 37 8 39 8 37 8 40
December ? B'7U
M...h ... Js.95 ....
May 9-U 9.12
July " 9.25 9.29
NEW YORK BUTTER AND EGGS
New York. Aug. 21. BUTTER. Receipts.
13 323 cases. Steady. Creamery, nlgher
than extras, 46 47c: creamery extras (92
score). 46c: firsts. 444fii4c; packlnr stock,
current make. No. 2, 35c.
r-.nrm nerelots. 19.147 cases. Irregular.
Fresh-gathered extras, 4950c; fresh-gathered,
regular packed, extra firsts. 448c:
do. firsts. 42 45c: State Pennsylvania and
nearby western hennery,, whites, fine to
., AAfDAfl,.. Brute Pennsylvania and
nearby hennery browns. 62BB do. ratb..
ered 'browns and mixed colors. 3830c.
RAILROAD EARNINGS
COLORADO AND SOUTHERN
1918 Incress
Second week Aug.. $227,598 $5,071
Jan 1-Aug 1........ 7.441.797 1.013.709
ST. LOUIS SOUTHWESTERN RAILWAY
First week August... $481,000 1121,000
' GRAND TRUNK SYSTEM . .
Second week August. $1,285,064 $291,090
From January 1 42.133.B03 8,631.270
What would it
be worth to you
to be rid of
financial worry
to be able to
devote all of
your time to the
growth and de
velopment o f
your business?
CHICAGO BUTTER ANp ECGS
$t 01.25: do. do. per bushel hamper. 11.10 times
y i., uo, yer avv-io.
United Sutes's Cold Reserve
vt-..lilnrtnn AUL'. 31. The United
I'hlraio. Auz. 21. HUTTKH Receipts. I a. ....... nvunuiirv tinur hnlriu u c-,.1.1 r.
7581 tubs. Unchaii,ed. ?., of J2.518.676.516. Secretary Mc-
n.mirii Msvfinii la.unii i;bbeb. r.nra. - .- -
fni: aowsyttc; nriu, ooro.
Adoo announced today.
Are you making all the money you can for
the concern which is paying you to do so?
If not, are you the man for your job?
A business which is to compete and prosper
must have a man at its head who takes
nothing for granted, and keeps up to date
whether he thinks he is interested or not
This may not apply to you BUT DOES IT?
Isn't it your duty to those associated with
you, as well as to yourself, to study out
every suggestion and to take advantage of
every opportunity for additional profits?
There are reasons why thinking concerns
rated from $100,000. to $1,000,000. sold us
over TWENTY MILLION of our total vol
ume of over FIFTY-ONE MILLION of
Accounts in 1917 on our NO-NOTICE to
their customer plan. Such concerns don't
sell Accounts from necessity.
There are reasons why 77.1 of our cus
. tomers have first or second credit rating
and 33.4 have had their ratings increased
while dealing with us. You may be equally
surprised to find that our plan has advan
tages for YOU.
Write for our brief folder which explains
how we put your idle capital to work AND
AT THE EXPENSE OF OTHERS.
ramrjEEiiMimimDi
iBiciniiiiiaiii'iiiiiiiiiniii'Jiniiraiiiiiiiiiiiiiiiiiii
Commercial Credit Company
Cash Capital $2,250,000 Surplus $450,000
BALTIMORE
Represented at
PHILADELPHIA, 512 Stock Exchange Bldf.i
(Phone locust 919)
NEW YORK CINCINNATI
CHICAGO BOSTON
, ''r'-i-Jr
The Pacific Mail Steamship Company
reports for six months ended June 30
gross revenue of tl.786,279, against 12,
340,033 for the same period the previous
year. Total net revenues for the period
were $1,001,914. Allowing for dividend
lequlrements for six months on the
SI, 700,000 preferred stock, tho balance
available for the $1,600,000 common
stock of $5 par value is equivalent to
$2,59 a share earned in the half year, or
at the unnual rate of $5,18.
The New York Stock Exchange has
stricken from the list United States of
America 3 per cent bonds due August 1.
1918, and has substituted on list Pcre
Marquette Itallway Company permanent
engraved trust certificates for prior pref
erence preferred and common stocks in
lieu of temporary certificates.
The United States Treasury now holds
a gold reserve of $2,518,675,515.08, Sec-
and the balance in bullion.
The Illinois Trust and Savings Bank
and the Northern Trust Company, two
of the largest trust companies in the
country, both of Chicago, were admitted
today to the Federal reserve system,
LOCAL MINING STOCKS
TONOPAH STOCKS
Ask
.60
.62
.05
.07
.13
.OS
.15
1
.03
.03
.0
.03
.03
.01
.03
.03
.00
.21
i
.15
Atlas Powder Company Pays Extra
Wilmington, Del., Aug. 21. The Atlas
Powder Company declared the regular
quarterly dividend of 2 per cent and an
extra dividend of 3 per cent on the com
mon stock, both pavahle September 10 to
stock of record August 31. These are
the same as the declarations three
months ago.
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