"-,.. : v .EVENING PUBLIC LEDGERPHILADELPHIA, WEDNESDAY,' MARCH 5, . 1919 10 FINANCIAL NEWS CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS f i The New Orleans and Northeastern Railroad We have prepared a booklet givinR n brief history of this important touthcrn railroad, recently acquired from British owners by the Southern Rail nay Sjetctn. Copies tent to those interest ed upon request. Ask for naikltt PK-un The National City Company Cetrestorltnt Of Its in 3J Cttitt Pliladelplit U21 Cbnlmt St. Telephone 5400 Locust STOCKS TURN DOWNWARD AFTER EARLY STRENGTH IN NEW YORK New York Stocks I High tAdv'co riumely S3U Low :3 bankers support Is Lacking When Ht"h Levels Arc 'Alaska ootd m 3, s CI Gee 23 73 3'i Readied Steel Yields on Price-Fixing Outlook. Specialties Join Erratic Movement High Points in Today's Financial i'cws New York stock market showed strcnRth early, but support was lacking and declines came in afternoon. Broad Street Curb was firm, with oils and some specialties making1 good pains. Corn declined on piofit-takinp sales. The New York Cotton Exchange remained closed, due to necessity of readjustment to comply with Government's new nilinR. Foreign exchange1 was dull, with French slightly easier. Directors of thr Tonopah-Bclmont Development Company otod to re sume dividends, declaring a 10 per cent disbursement for April 1. Lackawanna County Coal Stock A unique sinkiiiR fund provision of thirty (30) cents per ton should re sult within a definite time in the payments of Extra Dividends (In addition to rfgofar dividtndt) aggregating: several times the outstanding capital stock. A'eir circular upon rcquenl Traded in on New York Curb Gwynne Bros. 25 Broid St.,N.Y. Pbone 3232 Broid . lorlt. March S. Tho market operations on tlir stock exchange all through the ilav Mtottcd a reflection of confusion of opinion caused h the illvturbliiR Incidents In WnMilimton jcMerday, which' lime resulted in a great deal of conjecture as to what the results will bo to the rallrojd (. stems of the country and to business In general No secret was made of the fact that b.inklnp Interests cstcrd,iy believed that unfavorable ronscnucners will follow the failure of Conprets to pass the appropria tion bills faorcd bv the administration, but late today opinion diaimcd In those circles, and It was slated that the railroad osteins will be taken care of. fools and toinblnatlons did not cca;e their efforts to force advances in flic first half of the da. and tc wore Miccef fill then In imltlng niii" rtiK Ns to new lileh records and adam'liiK other Ij-mics to inatcri.il. h'slici issues than those picvalllns; In the late trndinp jcstcrda. Th" iilo-encr of banking support, however, became a more iniuoilant i o tor than the bullish combinations anticipated, and before midday value licsrin to crumble, with pronounced weakness clot eloping In the lists sen ci.i'lv towatd the end of the day. Vnltcd States Steel was especially affected during the day by tho belief that Hip steel Industry would pass through a crucial test tomorrow, when the matter of prlce-llxlng Is taken up at tho meeting of secl mas ters L'nlted States Steel common, which had been strong at the start, moving up then to S33;, was liray In the late trading, falling to 02, and was followed both on tho early advance and the lato decline by all tho, other steel Industrials. Kcllv-Sprlnglleld Tire made a new high rciord and American Hide and Leather rose :i points to the new high of 101 '4. but lost nearly all of It- gain In a reaction in the last hour. Mexican Petroleum rose A points to ISO"., which was more than lost toward the end of tho da. In the bond market Interest continued to be concentrated in tho l.ibcrt issues, but. while there was hc.it v trading In those bonds, prices weie not materially changed. ' Local Industrials Only Our policy is to offer for Bale tho stock of nearby manufactur ing coiporations whose earning capacity and executive manage ment, after investigation, have proved to bo beyond criticism. A dividend producer of unusual merit presents itself at this time nnd wo will be glad to furnish details. Benner & Company, Inc. Widener Building Philadelphia Branches in Pennsylvania READING, YOKK, LANCASTER PROFIT-TAKING BRINGS COTTON TRADING LAW REACTION IN CORN PIT CAUSES CONFUSION Alaska .Iuihu 1 Ti Allls Chal Co 31 U Am Aer Chsm 102 Am ncet Sugar 74 Am Can .. .. 17 Am Car & Vy Co Ani C Pdy Co 91 jAm Cotton Oil. IH 'Am Druggists. 14 Am II & Leu til 2fli, do prcf ... 101 Va Am Int Corp 60 i Am Ice, Sec. . . 45 Vs do prcf . . 63 I Am Linseed . 47 U do prof . SO 'Am I.ocomotle 66; Am Smelling . 67 I do prcf . . ltUb Am Slim Tob 112i Am Steel Wry. 86 Am Sugar . . . 119 . Am Tel & Tel 1051, 'Am Tobacco l?6i do pf new 100 4 i Am Wool 0.5 U do prcf. . 98 Am Wr I'.ip Pf tl't Anaconda . 60 u Asso Dry (jds 23 ',J AKots Ileal n 1 Atchison . . . Dl, At llulg S. V I 104?, Baldwin I.OCO. 79 Balto & Ohio.. 47 do pref . 56 'i Barrett Co . 118a Beth .k'eel 64 '4 do B . . .. 66 4 I do R p c pf.lOI'a Brook Itap Tr 23' Booth l"lshrs Co 20 Btliterlck Co . 19i , Butte A H Cop 13, i II I'eiroicum. 2(' do pref . 74 Cal Packing Co. 63- Canadian I'ac 1B9'4 Ctnt leather 6S Cerre de Pasco 32 Chandler Mot.. 124 Chen ft Ohio.. 57 4 Chi :rt west s do pref. . 25i Chi M & St P. 3B do pref. . . . 69; C 11 I i r It 53i do 0 po pref 66 H Chile Copper . 18 Chlno Con Cop 33, Cnl (!a & Klec 44'4 Col & South . 26 'f, Cont Can . . 80 Corn Prod . . 48t Crucible Steel.. 62 4 Cuba Cane Sug 22 4 do pref 74'i Pen A. It J pf 7t Pome Mines. 124 Pin Securities.. 60',, Krlo . la do 1st pref 28 KiShcr Body 52 ',- fianton Wlllmc. 32 Cen Cigar Co 524 Ceil Kiel. Co.. 155 Motors ,.ir6 do deb . . 84?i Cnoilrlch I! V. 69'- Oreat North pf 92 S do Ore suds aa vi. chse. l 2'. 4 U OILS AND SPECIALTIES LEAD IN CURB TRADING Philadelphia Stocks .i.'i i 33 33, 1 JOtli 101H ,',i 72 j 73 i 46',, 464 It 91 90 90 90 90 I 44',4 41H .. 13 134 H 19'i 19'i .. 9S 984 i 69 4 G94 4 424 144 14 02 4 63 4 154 454 ? 874 90 24 65 65 14 G6 4 664 it 1U34 1034 4 1104 HI l'i 84 4 84 4 4 119 119 1044 1014 14 1954 1954 Tone Generally Firm Heavy Sales of Keystone Tire. War Orders Steady 1004 loo' Ii2 1 H-'l 97 4 9S 39 41 684 59' ew lorU, March S. There was a generally firm tone to tho trading on tho Eto.kI Street Curb today, with some 4 i of the oil tharcs and specialties. thoiv- Ing pronounced ttrength. American Hoad Machine, which has' been steadily advancing fdr more than I a week, was a prominent feature, selling at 30 early In the day and then reacting to 28. There wap heavy trading In Keystone' Tire, which was also 'strong, ranging l from 694 to 694. Oeneral Asphalt told at 65 to 66. Itoyal Dutch hold at 86 to 87 and International retroleum told at 214 to 22, Cosden war. firm, with sales at 7 4and 8. . More than 10,00 shares of L'nlted Itlnh 7 Am den.. 6.1 23 Am It pf 65 3 Bald Loc pref ..-.103 0 Cam Iron 41 290i;iec Stor 6"4 lOOKrlo .... 164 77 Gen AfpIi 6G 52 . do prcf.1004 BInsCNA 284 296 Lk Sup C 20 32I,eh Nav. 7t4 51 Lch Val.. 65 4 160Mldale.. 414 671 Pcnnaim 414 2 Phlla Co cum pf. 35 530 Phlla Klec 25 U 460 P II T t c 25 410 Reading.. 82 100 So llwy. 274 2876 Ton Uel . 3 4 82 U O I... 71 4 316 U S Steel 93 4 820 W Cramp 90 lxiw 63 65 103 41 r,o 164 65 Clbta .63 65 Net ihfC V 103 41 69 1U . 1 65 1 99 4 100.4 28U, 28'A I9i ; 714 " 554 H 414 4 444' '4 194 714 61! 114 144 35 234 24 4 81 27 4 71 92 87 3& 254 24 4 81 27 4 34 71 924 83 'i 4 4 I -14 224 14States Steamship were traded In at 34 4 02 102 14 774 78 14 464 464 14 117 14 64 t, 654 1044 23 20 18'. 184 2s'i 73 4 53 4 169 4 1.54 z SJ",. 117 64 4 63 4 104 4 23 2n 184 184 26U 73 634 1594 63 4 32 14 4 1 to 34, Indicating the shifting of a large account In that stock. War order stocks were steady, Aetna Kxplosles selling at 94 and 94, Sub marine Boat. at 14 to 144 and Wright Martin at 4 4 to 4 4. Phillip Morris sold at 94 and 94 Swift International wan traded In at 47 to 474 iMiiyrnt.w.s - 4 -l'i -I- , Aetna nilosica Am Brit Mfg Am Writing Paper Air Reduction . . Canadian Car Co . Con Car & Fdy pfd 122 4 123 2 .' Charcoal Iron ,.t. 564 D64 1 Chevrolet Motors .. 8 8 Cramp 254 4 Curtlss Aeroplane . 364 14 Carwen TorI 68 1 4 Carbon Steel 234 4 Kmerson Phonograph 657 - "enaee .auk 184 4 Lake Torp Boat .... 32 4 1 Lehigh Coal Sales . 43 a, 4 Lima Locomothc. . . 2S 1 Maxim Munitions .. 784 t Y Shipbuilding .. 484 4 I Nor Amer pap I'ulp CI 4 Otis Klevator . . 2(a4 Peerless Motor .. 72 4 -V 4 ' Poole Kng 7 .j I .;! iMm-Oiill nid 94 Tist ilon AU '.) nosns Hllh Ijovt JlOOOOCIty Is 1946.... 97 97 2000 El & Pco Tr 4s,. 694 694 9000 Lake Sup inc. 6s.. 634 S3 2000 L V Coal 6s 1923.102 102 11200 Lib Bonds 4th 4 4 93.90 1000 do 3 Us 98.70 600 do 2d 4 Us .. 93.70 2S&U do 3d 4 Us.. ..95.26 94.00 800 do 2d 4s. 93.20 93.20 5000 Ph Co 1st 6h stpd.1004 1004 2000 Plillii Klcc. 1st 5s.. 934 934 4 14 4 3 Net chgc Cloto 97 .. 694 4 63't Vi 102 U 93.70 93.70 .28 98.60 98.60 .10 93.70 93.70 .10 94 90 .. 93.20. 100 4 934 .. 10 9 4 4 SS'4 68 23 4 54 184 32 4 43 4 25 78t 47 4 60 4 214 72 4 74 12 4 68 4 164 28 52 314 62 1534 163", llil'-s 161 iii 8t 844 67 4 7 4 92 4 92 4 39 39 4 4 4 4 50 60 28 35 65 76 . 4 74 180 90 95v 11 1. 3 5 90 95 l 44 44 17 25 2 2 4 94 '44 TONOPAH-BELMONT DIVIDENDS RESUMED AND STOCK ADVANCES New York Bonds 1: 58 , 16 V 28 52 22 52 Standard Motors . &, steel Allnja 1, I Submarine 1 S.1 poseph Lead . I Todd Shipbuilding K J II IHIJKIC 111111 ....... 4 'n,.,c? I'ront Sharing t ? u "eniosiiip 80 29 34U 4 611 21 20 In 8 5 134 11 102 'i 31 37 4 4 65 2'' 40 30 8 4 8 14 4 12 105 34 4 14 Bming Power Lemons Owing Exdiangcs Were Closed Today I gSf'S "nX? "It "u U to rm-crlainty .n Price of to Permit Adjustment to "u" Agricu'i1' . : ?5h ?!fc & "' NTew Conditioiin Uo'ss for March LET THESE EXPERTS SOLVE YOUR INCOME TAX PROBLEM Leon J. Henamy Knrwrlv Drputy f'o!Attop U S Intfrrnrfl llxriiuw Jacob II. Hoffman Korrmrlv Uputy follcior U S Internal teenu L'ndvr 1.kI SiipmUlmi of (htr I ountf t John l McKvoy, Esq. who n Chiff Dpuiv Oollprtor of V S Interim! n-enu for thr pant thre ir him h.ti In tharcH of ihr admin Utralt on of th War Kppiiuo LdnS in inn uiiri(i. bee u bfforf fjlins jour Upturn NATIONAL TAX AUDIT BUREAU Tax Experts & Public Accountanlt 406 Colonial Truit Bldg. Market and 13th Sti. Spruce 107S n.li;e 305 (hlincn. Marcli C Prodt-taklng taused a rtrfttion from the top in the oorn market loda. after It had ills. pl.T ed mruigth throughout the fore noon An ndianee In lUe iiogs helped bullish sentiment during tho morning, an prices responded catlly. ltli pretsurc lacking. One of the important pur rhars of evterday again took hob" I.ater tho bulng tower decreased, due to uncertainty oxer tho announcing o the food administration' decision on the price of hogs for March Theie was a better demand for the 1 ash artli'le for deferred shipment, of ferliiKS trom the rountry were larger. Oats v.ere steadier, with hulng by one of tlio big local trailers a fr.iturt. Shorts ioered Outside interest was light Offerings from the. country were 1 small. Humors of export inquiry wer I heard, but nothing deOnito was reported. I Lading future ranseii hb follows ! Torn (nu tlfler) Test Oln HUh tiw 1'l.iiie cle lv 1 '-v. 1 !' 1 2", I l 1 '.', . TuH . 1 24'j 1 2'14 1 21S 1 2IS 1 23 Oat I uy . n ''l '.n r.nin r,n' Jillv .. .Tl'i i4 ."9't S4 ."0', t i,rn M 2.1 IS 21 .1.1 Jul J1 TO 21 in 1 Itlt. U 22 " 2.1 "" JuK .'1 fill 21 5 Tori. - u ti 10 11 r.o JuH 3S 2" OLD BROKrAGrTHOllSE FAILS H. Amy & Co. Make Aesipiuictit for Creditors" Iicueflt .New lork. Marcli S. So great was !! '...... -1 . . .... vU,,J(,,n caused by the enactment ,nV" ,',"' " of tin i u. r 1 . ' !m '.aper '"'" '". "men as h rider of the wheat guarantee, bill, slsned by President IWIson jesterdsy, became efTectlxc immediately, that the board of managers of the New York Cotton i:.xcliang decided that the exchange, should remain closed until to j, m. t0. morrow. Tula step was taken to permit the ".-.I- 10 iiajusi naeir to tho new condl- do prcf . ..58 67 4 Insplra Copper. 444. 434 tntbor-Cons C. 6 4 6 4 do pref ... 19 19 Int llv Cpnew.llti'i 114 Int Mer Marine 24 4 23 4 do pref . . 1034 101 it Paper .40 '44 Int Nickel ... 26 25 Jewell Tea . 39 4 36 4 Kansas Oy So 19 4 Kelly SJrlngfd.,120 4 Kennecott Cop. 30 4 I.aclt Steel . . 67 Lehigh .Vallev. 6.1 Lee Hub A: T.. 25 4 IOom-W B Co. 48 4 Max Motor . . 34 U do 1st pref. 58 4 do 2d prer , May Stores . arx retro: u 14 19 117 4 29 4 66 4 54 4 254 48 33 4 58 turns, and followed an earlier .attempt ' Middle Steei'" H to halo todaj's session l,r.-i ... M & St L new. 114 " "l 'Mo K & Tex. 64 11 24 4 62 4 74', 30 4 , 164 . 116 120 674 434 54 19 1164 23 4 1014 44 4 26 4 36 4 19 lPJ'i 20 , 664 4 54 4 4 254 4 48 334 14 OS l'i 'i! 14 34 34 424 4 44 United Motors 4ii .. ui 1.1 r mo . Wright-Martin Air .. 4 4 STANDARD OIL Jl Inols 170 173 unio 311,1 Prairie Pipe. 265 sorji 2f,n 1 o x j r.8i ..330 I - ' 1, 4 1 4 24 4 4 S O X V ' IMIKI'KMIIi.VT Harnett Oil K. Oas. . 'osden & Co Kll Basin Federal Oil Inter Petrol Houston Oil Merritt Oil Midwest Penning .. Met Petrol Ohio Fuel Sapulpa lief Sequoyah Sinclair Island CJIenrocIc 326 269 263 685 334 44 144 34 424 4 44 268 686 332 85 4 614 73 4 954 62 704 714 77 4 724 73 4 774 Close 1014 97 4 994 91 103 4 90 88 82 4 83 82 764 78 4 814 84 101A 984 96 4 974 84 4 784 79 854 614 734 954 62 704 714 774 724 734 774 Oil, STOCKS A '.; . : V- 24 . 214 . 78 . 24 .148 . 3 4 . 16 7 '. 294 . 74 34 8 64 81 24 4 150 4 18 74 29 4 74 3 4 High Low SOOOAm Agr db 6S.1014 1014 73000 Anglo-Fcli 6s. 97A 974 29000 Am For Soc 6s 994 99)1 2000 Am T & T 5s. 91 91 76000 do 6 1034 103 1000 Am W Pap 6s. 90 90 SOOOArm'r oC 44s 88 88 15000 Atchison 4s... 83 82 4 4000 Atl Co Line 4 83 83 6000 Bait & Ohio 6s 82 814 4000 do 4s 764 764 3000 do cv 44s... 784 774 2000 Beth Stl 6s '36 814 814 6000 Brook It Tr 7s. 84 84 10U0 Bordeaux 6S...101A 101A 12000 Can Oov 6s '21 984 98 4 17000 do 6k 1926.. 964 964 2200O do 5s 1931.. 974 974 lOOOChllo 6s 84 4 84 4 4000 C & O cv 44s 794 784 1000 do 4 Vis .... 79 79 4000 do conv 6s... 854 6000 mint West 4s 614 2000 Chl& Xwn 34s 734 5000 Chi B & Q 4s. 954 6000 fhl Ind& W 4s' 62 10(10 CM&St P dlvls 70 4000 do rfd 4 4s. 714 3000 Chill 1 & p 4s 77 4 2000fhlneso rets 5s 724 1000 Col Indus 6s.. 734 2000 Col ft S o4As 78 4500 Cy of Paris 6s. 1004 994 1004 '10000 D & H Or 4 4s -73 73 73 2000 Krle ov 4s Sr A 464 464 464. 8000 Krle cv 4s Sr D 49 494 494 24000 Frch Pep 5ViB.10.5A 105A 105A 4000 Hud ft M -Is. 16 16 16 15000 Iou-a Cent 4s. 46 444 444 1 198000 Int Met 4Ss.. 354 36 35 i 1 9000 Int Mer M 0s. 984 984 984 5000 Int Agr 5s ... 80 80 80 '; 39000 Lk S deb 4s"20 89 89 89 T.v 1 1000 do 4s 1931. 874 874 874 Directors Announce Disbursement- for April 1 of 10 .Per Gent Cramp. Certificates Soar 5 Points, Then Re ' act Doctor Drinker on Lehigh Valley Board Interest of the Philadelphia financial district today centered in announce, nicnt that Tonopah-Bclmont TJeielopment Company directors had voted to resume dividends, declaring a 10 per cent disbursement, payable April 1 to stock of record March IB, and In the early strength of William Cramp trust certificates. Follow lnu the announcement of tho Tonnopali-Belmoift dividend that company's stock sold up as high as 3 11-16, lito highest prico recorded slncn early last year and a gain of V4 over the previous close. It had been expected for some tlmo hi the Street that a dlvjdend would bo declared c this meeting and tho stock's recent strength was attributed to that belief. The last previous dividend declared was voted in May, 19187 when a dls. bursement of to per cent waa authorized. Previous to that time 12VJ per tvm naa Dccn ucciared quarterly since January, 1915. -, i-ariy m the day Cramp trust certificates moved up 5 points, and by tho end of tho first hour's trading around 800 shares .had changed hands at that level, which was an upturn of more than 10 points in two days. However, around midday a reaction occurred and a few tales carried the price off to 8R. Pennsylvania Railroad,- which held up well yesterday when most other rails declined-sharply on news of tho failure of Congress to tako action on tho railroad revolving fund act. yielded slightly today, while Reading Com pany lost more than 1 point. Erio 1 point and Lehigh Valley cawo out un changed. Rapid Tram.lt trust certificates showed a fair amount of momentum and declined fractionally and United Gas Improvement yielded 4, General As phalt common 1 point, Lako Superior a fraction, but Asphalt preferred ad vanced 14 and Storage Battery and Cambria Iron turned upward for sub rtuntlul pnlns. """"' '""Hie aieei common was slow but yielded in lino with Its cours on tho big board. In the board division City of Philadelphia 4s dun in 1940 ncre. active, but steady, while fourth Liberty Loan -44s were dealt In on a large scale, nlth their price off a trine at 93.90. Dr.'Henry-S. Dripker, president of the Lehigh University, who seried as general solicitor of tho Lehigh Valley Railroad Company from 1885 to n.,MJVae 0Se," a dlrec,or of th company today to succeed William R. Butler, of Mauch Chunk, deceased. , The dh-ectors today declared tho regular quarterly dividends of 2Vi per cent on the preferred and common stocks, to stock of record March 15, Doyi payable on or as soon after April C as the company received from United atates Government an adequate payment of tho rental now due. I g""" INCREASED VOLUME-SAME OVERHEAD MAKES ALL DISCOUNTS SAYS THIS CUSTOMER liMraiiiMDiiiiiniH "January 4, 1919. 1 1 ' M S ti ii When trading Is resumed it will be Missouri Pau. .i lie Cl I -3 4 25 25 68 4 67 4 07-1 1804 176 176' jjtC i nunc ,ew ior . 104 4-14 Con Ariz V4 4 c Jerome 11 L 7j ' First National . 81 244 150 3 75t 3 4 414 104 6 11 Atlanta .. Pig Ledge Butte Xew York JI1.MNO HTOfKH 3 COntr.LTlM. tlllrln ..&.-..... by the new legislation, hut dealings will continue in the old htylo contracts for purposes of liquidation. MONEY-LENDING RATES 1 .1 on 21 IS 22 70 2t .".7 in -, 21 12 L-l 17 24 61) 22 72 22 21 fill 21 02 II on 41 tr, 37 r, j nr, do IT Mont Power Xat Acme . X (& Cable Xat Biscuit do nr .ai rjti & Miu ii" Vntlonut aA. 663C ,.'"' VORK Money on call, mixed NatB.lt of M 2d pr 94 9V4 collatera , opened today at n. ner ...i X Y Cent 73 4 72 4 ror lending and renewing. On all in. X Y Dock 20 20 20 oustri.il cointeral the opening rate was XVNII&H 284 274 28 Aorr &. esi m' iv.iit ihj'.h was easier tod.iv. rates , North I-ac. 9l, 62 4 74 4 304 15 115 120 604 664 5 ner cent. Time money , ranging from 5 4 for mlcd collateral to ' Oalila I- . Pef 8 4 ,54 for all lmlustr:als Ohio Oas 364 It was stated that ery little monev Ontario yiher. 7 I was loaned, the demand being mostly Pacific T & T 27 for periods ranging from sixty to nlnctv do ,,ref- 81S dajs " "" Pan-Am Petnf.110 iwrnMi? tayI CONSULTANTS our Inromeanil Wur iimj Ktrem Trnnt TnxeH mar lie r-llmatfil nnil a lentritUp Ulerarnl flint cIiIiik ;ou until Mily Int to tile jour return. We specialize in preparing and tiling returns, auditing and clos ing books for corporations, firms, individuals, estates, trusts, etc. Mr. Ifaaa. 5 yean at Washington. Mr. Carr. S veara at Philadelphia, with tba Internal Reenua flureau. HAAS & CARR I'lihtle tirotintantt Cennttl on lederul Taxation t'ennsyhania Duildins Spruce 915 Philadelphia, Pa. Ne York. March 5 and Ilrncst J II Amy. Acepntanccs bills were i,nn,iij Penn It I- large olunle, this being due to the easier I Phl1,1 Co tone In call rates, which ranged from p C & St I. 4 4 to 4", per cent ran" rrom Pitts & West hl.t-day acceptances bills were -.,ao ".el I III tt'.ll I uw Plcrco Oil . , nits Coal II Safe- mJA Sccurt II guarded srZA ties '' SEVEN PER CENT PRRPRRRRII I PREFERRED SECURITIES H. A. Stone & Company Widener Bldg. mh memneis or Hie linn oi u .-niiy a. Co stOLk brokers with offices at 4 4 and 46 Wall street, this afternoon made an usMgnmtnt for the lieiuflt of credi tors lo IMward .1 McOulre. a lawer The linn lias a membership In the Xew York Stool; Kxchange. It was formed on January 1, 188'J Loul H. Ami is the boara represeptatlxe and K. J H Amy the other partner. Iv II. ni) sas admitted to the Xew York Stock Exchange on July 19. 1888. HINTS DROPPING COHON BAR "It Should Go Everywhere," Clemcnceau Tells American ' l'arl", March 5 (By A P,) Charles i Barrett of Chicago, head of the dele- I gatlon of the, National Board of Farm , Organizations, was nranted an Interxlew with Premier Clemenceau yesterday af ternoon He dlscui-ed the restriction oft rotton importation with the Premier. Mr. Barrett said later: M Clemenceau seemed extremely i attentUo nnd agreeable and sald'The world needs cotton The world should thae cotton and it should go everj- i w here ' " riuoted at 4 'a (h 4 3-16 ner nn, ,iu . 1 . . . -----,--. ,, . ,, Q UMI , -l,ouw H Amy anu nitiety-oay maturities at from 44 Indixlrtually and i '"'"'" ''r "' 44 4 35- 484 374 81 45 174 464 85 4 91 8 It 36 4 7 27 79 140 4 1 4 36 48 35 804 44 174 454 85 4 53 4 654 4 :L '(roldtleld Merger 5-ji i iiioicineici cons 74 Vi 4 (loldfleld Florence ... 304 4 .(loldfleld Keuanas .. 164 lOreen Monster 115 1 Ilecla Mining 120 .. i Howe Sound 61 1 Independence Lead .. Vj i Jerome Verde 94 'Jim Butler 4 14 Jumbo Pxtenslou ... 4 McKlnley-Uarragh 4 Magma Copper . . . , 4 ' Mother Lode 1 Mines Co of America rXexada Hills Nenda Wonder . . Xlplsslng Ohio Copper , Hay Hercules' JJ 914 8 4 36 4 27 794 140 2 444 35 484 354 I 80V 444 14 9-K, 4 1 4 14 l 18 16 4 4 3 4 36 12 45 27 30 1-3: 3 70 8 4 4 I iiJin Toy . , . Tonopah Extension. . , :. 7 2' 32 174 46'1 85 63 fOREIGN EXCHANGE New York. March 6. The forelc-n r. 194 81 38 4 75 4 92 4 Thin tq ihr, iir,' Huw in ., do nref. that acceptances have been handled",, SSi',iV1f,7Sj-,. S5H 'Pulhn Pal Car.1154 1154 1164 ,iii iiipi mti ..., ny nieei j-oring io-a 11-4 : time, 5406 per cent. Commercial p,! SSl" OP ' J2 per, three to six inoeths. 546'i ir .? ? Uf it ctnt; .1 months. 6 per cent " "f , n jWsteel ??B .Itoyal Dutch 944 I.O.MION Money Is ouotej at 3 '..per Saxon Motors. 104 cent. Dlacount rates, bhort and three- Scabd Air Line 8Vi month bills, 3 17-32 psr cent. , do pref 174 Sears-lloebuck .172 Shattuck Arlr.. 104 Slos-Shef S & I 48 4 Sinclair Oil . 35 4 change market was featureless duriiie fcOU,n ra0 l,)0, the early trading today, with a slightly ' Southern R It. 284 casrer tendency for French Mils do Pref . ..67 4 Quotations were: Studebaker .. . 804 Demand sterling 4.764, cables Stromberg Carb 40 I 7b (-16. The nominal ouotstlnn., r. btutr sixty dajs' hills were 4.73 ',1 and nlnctv Tenn ti 4 Vi - 4 66 4 24 e J riNANI IAL Anuuaii e 1 1 n a; a LOCAL MINING STOCKS TONOPAH STOCKS run .Ilm MuU-r . . McN'4mara tlds Munah Kxtenalon Montana North War . . Hepcus r.ula ", .31 SI 32 n 17 m d.iV3' bllU 1 71 . Franc checks 5.47, cables 5 46 4. Lire checks 6.S64. cables 6.35 Swls checks 4.89. cables 4.85 (iullders cheeks 41 1-16, cables 414 Pesetas rheoks 20.90. cables 21.05 Stockholm checks 27.95. cables 28.15. Chrlsttanla cheek's 7.10. r.th!, ? ,n ijupcnnagcn enccaa so.'ju, caliles BANK CLEARINGS AnV rlturlnga tnlav comparid wlih cor rtftpondlnir dav luat tvn eara: min mis ioit S Thlla n2.7.r..7."i ISS.S.Vl.Tan $?,-j42 64" 3driotnn ii"Imii n.sn.rsn aisnnnn 31 rhlracn naKn.sns ni 071. 7Jn M.nnn'nnt "7 I Palto . 13.a7S,R-. M.11X.42H 7 3n s7 N Ynrl -". i ".?! n .-,1T.B7I, B42 ,-,. 1n47a St Loula 24.SS6.3ft2 20.003,020 23,102i72fl 19 4 81 38 4 76 92 4 94 8 4 17 4 172 104 484 364 994 274 67 4 58 40 48 4 12 4 30 4 T 4 14 14 94 Ti S'a "a 1 United Verde West End Con. wiilte caps 12 Yerln trton 4 I noxns , Bethlehem 7s notes, .101 Cosden Oil s no Cosden & Co 6s 90 Cudahy 7s 101 4 Russian rjov 54s... 57 Russian Oov 64s... 61 Southern llwy 5s.,.. 99 Sinclair Oil 6s 85 ITodd Shipbuilding 6s.l04 5 4 4 14 "4 14 6 20 18 7 4 44 3 4 3 Vi 38 14 18 29 32 4 6 80 9 4 1. 33 14 13 5 1014 93 93 IO24 69 66 994 90 110 5 4 19 44 36 13 32 12 68 65 17' 172 Liverpool Cotton lliernonl. March 5. Spot cotton wa nuiet today with prices easy on "the 8i 7 "Ib'K. old-contract, at 15 si'iV" Thi sales" lilt yyjs.l'LIIL ".'... J;. .k? . Aak jub uiscuu.usiiijuh au j.jf 5y,on';r NOTICE TO HTUL'KllOI.IlKHa wnTlCK If) IICHCIIY OIVKN lhat m. 41 Maatlns -of tha Hlokholdrs ot "Tha 4U Von Hook t Ky Company" will ba b14 Company. 21at and clearllalil piila.. to taka action on lha I Aavll ! 181". t 11 o'clock a. in aW af fflSak I'nmr lrl ovl or disapproval of nf ttXi PtilUdel: val or dlianoroval of m. cronnal in. of tndcbtednein of th Company in lum ox sour nuncreu inouiana aouara a tkTLA n tta mfitrA hv mnatnaa (uaaa of th raal and personal property, rlgbta. iicsva ana iranrnia oi ina uompanr oraar ot 10a voara "t uirciori T. M. HATO.V. ilieSP rJIHAIlKl.PIIIA KAI'in TR.V.NWir Cenrrsl omre, Slh and Daunliln Hli, rhllaitelphla Kehruarv 1.1. 1910, NOTicr. to STOCKiioi.nr.ns t Annual Heetlna of the Htnrkholdera of v pji.dlphla Rapid Transit Company will lTi J a ho ilatiaral rifHitaa nf kaa rAM. atH rah !. 1019. at Ui3ft a 4 rwvunii vi i.h.iiot aa-lha tranaarllaa r of election o( ntrerloifKfor the emu aB4-in iranaaria w aui:n oin i Ha mav rAine berra tbe'nieatlnar. for lha a emu. wli other ,rd tt lliaa-kBoWara will b. taken- ar MiaiiMM -a7ruarr:a. ka ami Mantua aan. . 'T' Wctt Knd l'a aoI.IIKllXD STOCKS Atlanta .... " niue iiuii "; nooth 14 OrackerJaiV "J IiUmt II H "1 rialav 01 Keuanaa n' Oro - ."I Spfarhert .... ir 6ller rick 00 MISCELLANEOUS l.hnnj 1rnllrH .. .' .. .in . . 12 mi 01 l'a lilt 04 in .1" 03 .im 07 IIH 17 U7 Stutr Motors. . 49 Con & Ciri24 Tiiiuh Pan... 22, Texas Co 1931. 192V, 1024 Third Ae R R. 16 15 16 Tob Products.. 86', S5,a 5V, do rts 64 SVi 54 Pn Dap & Pap 754 754 7554 Union Pacific. 1304 1284 1294 a nrf 74 . 7 4i 74 6 10. United Al Stl. . 414 414 1 united cip sis iisti United U 1st pf 53 4 53 Vi I United Fruit.. 164 H United Rv Inv. 11 It, I do prcf 254 244 P S C I P & F 184 184 U S I Alcohol. 113 1114 U S Rubber. .. 834 804 U S Steel .... 934 914 do prer JJ a a . lejlll. ITnlnrptt ur il,nj.. I.. !.- ,.. i7ftt 1 ii j ',, - :; . - w.nv. in inu cany mlddllnir fjlr. 16.99d: Rood 'middling lh.31d; inlcidltnR'. 15.68.1: low middling 14.63d; irood ordinary 13. lid and or dinary, 12.68d 67 4 14 68 4 14 4000 Iveh Val rts 6s.l014 1014 1014 1000 Llg & M T 5b. 914 914 914 382000 Lib Bond 34s 98.96 98.82 98.8.4 204000 do conv 4s . 93.58 93.46 93.50 45000 do 1st 4s .. 94.18 94.00 94.00 2942000 do 44s .... 95.26 95.18 95.26 81000 do 1st 4 4s . 95.10 94.90 94.90 1654000 do 2d 4 Vis . 93.98 93.86 93.92 3841000 do 4th 4 4s 93.96 93 90 93.90 25nnfl l.vnna 6k 101; 1014 1014 24000 Marseilles 6s. .1014 101A 101 1000 Mo Tac gen 4s 614 CI 4 614 1000 .V O T & M s 964 964 964 1000 N Y A Bke 6s. 100 100 100 3000 NYC & H 34s 724 724 7"-5i ' 15000 do 6s 984 984 984 4000 do 4 Vis . .. 824 824 82H , 11000N Y C 4s '59 914 914 914 3000 do 4s 1967.1014 1014 1014 11000 N" Y Ry 6s,. 124 i-4 iai 6000 Nor Pac 4s... 84 4000 Ore Sh L, 4s... 85'A 1000 Pa gen ct 4 4s 864 3000 do 44s 1921. 974 360(10 do 5h '68. . . 91, 3000 Pere Muni 4s. 72 1000 do 5s 85 '0011 Headline 4s ... 84 4 1000 Sinclair Oil 7s 96 11000 South P cv 4s 83 Vi 67M0 do cv 6s .102-4 10000 do rfd 4s... 814 11000 Sou Rwy 4s.. . 664 1000 do 5s' ... . 94 Vi 4000 Texas Co Cs. .1014 4000 3d Av ud 5s.. 284 1000 V S Renltv 5s. 68 2000 U S Rub 5s. . . 864 5000 V S htl sf Ss.100'1 8000 Union Pau 4s. 854 9000 do 6s 1034 132000 U K It 13 & 1 54s 1919.1004 100A 1004 11000 do 54s '21. 98U 984 984 64O00 do 54s '37.1004 1004 1004 5000 West P.lec 5s.. 98 98 98 Trades School Girl. Give Play ' Tele arlrls of thf Trades School to. dav presented a play. "Ooose and Gob lin'." for the children of the 'first, sec ond, thhd and fourth grides of the 1V..II..,. nrammar School. The nlay was ulven under direction of Miss Cleo Murtjuf The girls of the cast were entertatnM' 2 after, the piay ai luncnruu, 17 iuu 1 faculty of the Walton hcnooi. U. S. LIBERTY BONDS ten ctnn innn ifOM, l"W, Vawwv , not'diiT. This customer, rated $r,0,000 to J7S.000 FIKST CRF.niT, uses our service as an auxiliary In their flnanclna, SI 84 SI 864 854 m 864 881,0 97 4 97'i' B 94 4 94 4 jj 85 IS I 84 4 844 '1 964 964. a 834 83Vi 1 102 102 m 81 81 'S' 664 664 H 934 934 H 1014 1014 I 284 284 g r.a r.s m r. Ti sc7i F Commercial-Credit Co. Baltimore, Md. Gentlemen: Our continuoiifjly availing ourselves of your service bespeaks the merit of same.. Your service enables' us to do a much larger volume of business than otherwise, with the same overhead expenses. With this service, there is no occasion for ever failing to dis count all accounts payable olftl receive the benefits accruing thereby. Under this ar rangement we are enabled to use our bank credit in our1 manufacturing business, where the turn-over is much slower. We have been doing business with you for bcveral years, and we are well pleased." CHIIUlOiNIlM jCommercial Credit Company Cash Capital $2,250,000 Surplus $450,000 BALTIMORE nepreaented at PHILADELPHIA NEW YORK BOSTON CINCINNATI AmilatedwFth Commercial Acceptance Trust, Chicago 1004 1004 854 854 1034 1034 Caah Capital 11,180,000 ,aIBMIUUIW Rsasswsmms 10 484 134 31 14 4 1 soi.n ami rfcommendeh run 1VVKMTMENT Newburger, Henderson & Loeb . 1410 CHHATNI'T HTRF.ET' Menihera '. V. nnd 1'hlla. rUo'tc Krhne I ! 414 1 32 'i 53 4 164 11 24 4 18't ui'! 804 334 J'T4 y- 1144 lH'l Hjtf DIVIDENDS DKCLAIlLD .LOCAL .MKAT MARKET Th follnlnar repcrt on the freah meat trade in riilladelphln la furiilahed by the local Itveatock and meat oOlre ot th Fturrau ( Markela, United Statta Department of Aarrlrultnrei . . FltKSH 1ICKF nec'lpla moderatei mar ket about aleadr; holdlnf pr'cea Arm; de mand quiet 1 HTKKRH neeelota moderate-, market ateady at 121 to 127; demand alow COWS Iteeelpta normal! market dull and draaay at 1R to 123: demand llaht VEAI Ree'lnta llsht; market acth at It 4 in 120 demand sood POIIK Ilerelnla liberal market dull and drags'' at 124 lo I2. demand alow IAMII nceelpla llchti market ateady to rtrnn at I. a lo 43." nir.ana aoon .....M,f.fc. n.ui.l. Ill,. ...a.L. United I.lkbt nnd ItaiHaa Cnmnanv. nuixrlerlv of 14 per rent on preferred and I r--r rent on common both najabte April I trt atock of record March IS Aeaorlated Oil Comnany, ' ouirterlv of II s, payable April 1.1 Wevman rtruton romnany, a dividend of 3W per cent on common airl reauUr 1, np rot nn nrfrrred. niitfhla in. II 1 In pin. iv ill , ' ii. "i flinini i, i P J.orlllard Tobarro Cmnpanv nurterlv 30 ' of 3 pee rent on rommon end 1'J ner rent 7.1 on prefrred, paable April 1 to a'ock of 14 , rerord March 1.1. 1 im.rl.an Pl.n 1-nn.nqni. n. ,.,.. 14 per rent on prefer-ed payable April 1 , io "iina "i pti'iii larn i.i 1 Ilomeatak Mlnlna romnany monthly of .In rente. Datable .March 23 o atork of, rec- orn .larcii .n. lieorae w iieime i-onipanv. quarlerlv of 2W per eenl en tommon end 1. per cent on preferred both naab!e April 1 to a'ock ef reeord March 1ft Montsomery. Ward ft Co. nuarterly of 14. per cent on preferred, payable April 1 to atock of record March 20 American Snulf fnmnanr, nuirterly of 14 per cent on. preferred and 3 per eenl nn common. boHi payable April I to atock of rernrrt March 16. National nil romnanv, quarterly nf 2 p'r cent. pahe AprJI 15 to atoekholilera of record April 1 JIL'TTON Iteeelpta llshti market atrontr at 118 to 124, demand good. The committee on c'earlng houae of the New York Stock Kxchange directs lhat the stock of American International Corporation 0 per ojnt. paid. Im) added to the Itet, of tockgi 6 cire M- M-rrjl It i."- av, "' -"' Utah Copper . 69 b7 uiun nic i.orp n Va-Carvhem 544 51 do pref .111 111., Vu Ir O & C .. 664 564 Vulcan Detln.. 154 loV4 Wabash ... 84 $ do pref A . 33 ',i 32 4 do pref'n . 20 20 West Maryland 10V4 ltV West l'ac ... 204 204 West Union Tel 884 "Vi Westlngh MfaT. 4 5"j 44 4 Wheel & U K . 8 4 7 4 White Motors.. 54 4 g , Wlllys-cucrland 27 4 2b 4 do pref 924 924 Wilson i 'o ... 71 714 Worth I'&M.. l',4 SO'l do- pref A . 92 92 do pref B.... 72 70',4 7Vi 1 54 111 66 4 104 20 4 Hi 8 53 264 924 724 63 4 -14 1 4 , ! 14 4 ?i 4 14 Hi 4 14 H-34 2 14 UNITED STATES GOVERNMENT LIBERTY LOAN BONDS NEW YORK COFFEE MARKET Near VorU, March C Interest In the coffer ninrket was centered In the more dlstsnt positions at the oner I in todav. and first prices-were 8 points lower to 11 points hia-her, March bliowe-1 thr, max imum aaaln. 'wiln tnat noaltlon a - I at 13-toc on tne aawi. o ji points V e''wvtilil8jwl'''1iiwllti im rrom aJaaaaMi ara British Lift Csble Censorhip I'arla, March 5. As a result of rep resentations by America" officials the lirltlsh government has consented lo the removal of all censorship on business, commercial and all other inessases. Tho rensorthlp. it Is said, has been erratly delaying the resumption of American business relations" with Europe. aaaaater ijmm M M l lA. .. .. .. Rate 312 4 4 4i4 414 4V4 414 Callable . Uue 1947 1947 1942 1947 1942. 1938 1928 1 Apprni. Yield tf 4'alled, or II frelllnr at Tar on Callable Halo 3.60 4.62 4.90 4.75 5.05 4.82 Appro 1, lleld lo Maturity 3.55 4.36 4.45 4.55 . 4.66 4.71 4,85 $50. $100, WOO AND $1000 DENOMINATIONS FULL INFORMATION REGARDING THE TAX FEATURES OF THE LIBERTY LOAN BOND ISSUES WILL BE FURNISHED UPON REQUEST MONTGOMERY 4 CO. 3 SOUTH 4TH STREET PHILADELPHIA 14 VALL STREET NEW YORK 5 .- Income and War Taxes Oim DEPAIUMKNT UDEIt THE DIRECTION OF HORACE P. GRIFFITH & CO. CertUed P.ablla Accountant Is at your disposal (free of charge) for the pre paration of your return, which must be made by " March 15th. The new law carries with it uncertainties of applica tion which we will smooth out for you. A cordial co-operation awaits you at our down-town office. Guarantee Trust & Safe Deposit Co. PHILADELPHIA, PA. 316-18-20 Chestnut Street CEMIBAL OFTlCn WEST PH1LA, OITIOE 1422 S. PENN SQUARE 9 S. 32ND STREET .rnijeisaswsmia jv: srssesfc. GOVEXKMKNT 8CCGRITIRS DErARTSIEM TELtrMONBUl BJUX, L9MBABB 4JK KE STONE, KAW-MI -. , ! -..;... ' ail BBcaEBaMaMiiiiiiiii 'sm :IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIIIU: at UNITED STATES GOVERNMENT Liberty Loans ALL ISSUES BOUGHT AND SOLD CN COMMISSION AT CURRENT MARKET PRICES. West & Co. BANKERS 1417 CHESTNUT STREET llamhara 1 Ktlf 'ork Hloek Eirhanfa Uatnlxr JrhUtialnSU. Btok. uliange t MJ?Ji mmarm? . v.- - -w-.- fj.i-.M , Kfll. J.j.;-..Mt, A .M. .at jfcaaaflaf ;. . .a, m -t nlafl .k.
Significant historical Pennsylvania newspapers