Tv . T ,18 EVENING PUBLIC LEDGER PHILADELPHIA, MONDAY, MARCH H 10, 1W9 . hs f m ifi t K- i If K J I K '""S t? '' ! '."? ( Local Industrials Only ',,'' Onr policy Is to offer for sale Mm stock of nearby manufacture mg corporations whoso earning capacity and executive manage ment, after Investigation, have proved to bo beyond criticism. A dividend producer of unusual merit presents itself at this tlmo Mtd we will be glad to furnish details. Burner & Company, Inc. Widencr Building Philadelphia Rrnnchea in Pennsylvania READING, YORK, LANCASTER NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES UPWARD MOVEMENT CONTINUES FOR STOCKS IN NEW YORK MARKET NEW YORK STOCK SALES Public Interest Is Diverted to Railroads and Issues Are Active and Strong Heavy Realizing Causes Irregularity for Others Advance Tlumely Those lA,lv "umeiy i,f- I ,.J1K, IllllllltT Alaskn Onld M. . lAlat-ksi Juneau . 1 Allls-Chatm Mfg. Allls-Chnlm M pf Last eto lllah 20 ,20 75 7.-.?; 25 112 74i ah r Met LIBERTY BONDS BOUGHT and SOLD Any DtnorolnAllonB Samuel K. Phillips & Co. SOI CHESTNUT ST. Members Philadelphia Stoek Eichnnse FINANCIAL Annual Meetlnsa ANNUAL SIKKTINd ANI KI.KC. tton of omeers or the iiannrmnnn IBs5- WoaolUI Asseelatlon will take pUw Mure 11, ID1D. at 11 ociock y)lVM.lratfnrd Hotel, HTKAMSIIir NOTICES) 'New York & Philadelphia Semi-Weekly Freight Servic- SAILINGS Prom Pier 44, North River, New York, and from Pier 2, North Delaware Ave., Phila., every Tuesday nnd Friday at 5:00 P. M. For ratca and ether tntormation, applv In CLYDE LINE W. It. VIVIAN General As-ent Pier 2. N.Del.Ave. Philadelphia, Pa. w. r. i.evih Frt. TrafTIo .Mitr. pier an. n. iiifi New York City New York, March 10. Further progress una made In the upward movement with the beginning of the new week, nnd ninny stocks were, established nt high levels during the llrst hour's trndtng. Thero was, however, a change In market conditions of the public Interest being dlvcrtid to the rullrond stocks, with thnt croup mndu nctlve nnd strong, while other Issues were subjected to heavy realizing sales nnd moved In an Irregular manner ns n result of heavy prollt tnklng Hales, such ns were noted continuously all through Inst week. Heading was particularly favored, its It always Is when banking Interests nnd the Held group become, active In the market, and that stock advanced more than 1 point to So?. Other railroad stocks were In good demand, with Southern Pacific moving tip from 102 to 107'ii, St. Paul common advancing from 36't to 39 and I'nlon l'aclllc ranging from 129T4 to 131. United States Steel common wns In supply, with buyers twltatln? because of the Interest attached to the statement of unfilled orders to bo Issued at noon, uml It ranged from 97 to DC;, llaldwln Locomotive, after advancing to 8SU, dropped to 87. Oeneral Motors reilected steady accumulation, ndvanclng 3Vj to 160. Marine preferred, after selling nt 10SV4, dropped to 100?4. Kelly. Springfield declined from 119 to llfi. Ametlcnn Can ad vanced .? to 49?4. Unusual activity was shown by nearly all rails during the noon hour, and by 1 o'clock total sales were around 200,000 shares. OLD CONTRACT SHORTS I ARE FORCED TO COVER! Yew York Curb IMIL'STIHAI.S I'ABTXKKStlirS Caught in Big Jump in Cotton Market r3S NOTICK IS lir.KKIlV (lirilN THAT - Jellies X lllilmentnai. l.imlled, u u.tM.ahln tiBaneljIInn nrinnlzed limine Ihe Jrovlalons of the act of Asse mbly of June 2. 8X4. and It supplements, oy vote of a ma jority in number anil value of Interest at a mejetlng of the assoelallon held on Decem ber IS, IMS. determined that the paid asso ciation be dissolved. ItAIlT ni.L'JIENTIIAU Chairman. SAMt'Et. C JF.IT1.KS, Secretary nnd Treasurer. IDA IILUtfENTIIAL. UNFILLED STEEL ORDERS DROP Total on February 28 was 673,401 Tons Less Than on January 31 New York, March 10. In Its monthly statement, Issued today, the- United States Steel Corporation reports unruled orders on Its hooks ns of February 28 . Aetna Explosives . . . . Amer Ilrlt Mfg L i i m i t . . , .mer Marootil lverpool and trade Interests Amer writing iaptr ' ,ir iieuncijon I Ilrlll I Canadian Car Co . . . Can Car & Kdy pf. . . . Charcoal Iron I Chevrolet Motors I Cramp Curtis Aeroplane , C'arwen Tool Carbon rtiel Emerson I'hono . . . . Hemic Mfg Lake Torp Hnnt . . . . , Lehigh Coal Sales l.lnia Ixiro Maxim Munitions . . . S V SlilpljulMIng i .Vor Aimr l'ap l'ulp. tills i;ieatr Peerless Motor I'oole line COTTON I1IH.T WKATHKH CONDITIONS New York, March 10. The fnllonlmt temperatures cm recorded in th rottnn I'm ,hJ" "'"fnlnK: N.ishlllle. 31, Knox XI' -,'..'n ' J hattannoirn, III; Tort Smith, i.r.rl'"'.'.n' ,.M.'";"' Montsnnemry and Au Kilta, 4J; Oklahoma. Olty and Memphis. 41 ThomasMiie, Wllmlnul.in. Vleksl.urK nml V"'S" 4".' x,'w Ofl'Miia and IVns.,col,i, II; Can .ntonlii. r.o. Charleston. Sa. 'annaii. ,is; Juiksonlle. :, il.,iv.i,.n orpua Chrlstl. US. nml Tamtia. HI as .nl inch of tircetnlinttfio , nnd .13 at y.nann.ih, Tumiu SSi There Charlaton and Jucksonllle. Scrlpps-Ilnnth X.. i. r .a . ., I ""rcn '" ne feature of Standard Motors ... uic,i,iiK un ioo cotton market wns Nteel .Mloys very heavy covering of old stvl,, slmrt Sulmiarliie . by Liverpool and trade Interests. Ther.. !' :,!lt,l,', .' "?'! ,,... . . - " 'l"C was iime nusiness in old style March contracts on the call and the opening was fifteen points lower, but May Jumped twenty-seven points on the big de niand thnt developed, and the advance, on old contracts was from thirty to seventy-two points. ina new style contracts twenty-live to sluy-five points 4(1 :in 8 Hi n 105 .v. 'I' 42 -i "i 4'4 STANDAItl) OH, .STOCKS Todd Shipbuilding Triangle Kllm United I'rollt Sharing Untied Motors World I-'llm Wright-Martin Air... Hid r- 4 ', Ml 3S 28 7B 130 83 II 3 DO if 80 31 34U I no 24 2(1 15 S 5 1.1 12 102 i 42 'i 4 4'i Sat. clos,' Ask (sale) '' i S I'i r,n 39 35 8S 7'i 9 'i'.i 5 92 13 JVl 3 J. 2" :: 34 .. 37 4H 4 OR ii'; started higher. ' or.s.uiu .m ions, inis compares iSo rMt th ..,.., ,..,, ln with 6. 681, 208 tons on January 31 Inst, a decrease nt i, .J.itw tont', onu witn 9,218,453 tons on February 28. 1918. Comparisons of unfilled tonnage at the end of each month since January 31, 1913, follow: Month of Tana Dec. 1915. 7.80.220 Feb., 1919, H.010.787 Month of Tons Jan.. 11. 0,4,-J1 Nov.. 11115. T.1S1I.4S7 Not. mt". s.iai.tiiia Kent, Oct.. mis. N.S.IS.S'.l.'l Au.. Sept., 1D1S. s.'jnT.OO.I July, AH., V1U, O. tUV.VIJ t IWIQ. o.uin.oou .'y. His, s.37.rt-'a Aor.. ion a Tit , Men. ibis, .o.io.4n cu.. "'; j'Sjo ?' Wis; K.SRS.4SS Jan.. JJl.l. 4.24a. S71 11S. P.7T,S I., " 1017. tl.JlM.TIK Nov.. 1H1T. S.SI17.lnl Oct.. ,o t n im,, ? Sect. , 10 7l IliMaTT Anr.. the old style contracts that nt one time, on the cnll, they sold even with the new style contracts. Trading continued nctlve late in the morning with the volume of the trade switching from old to new style crop months indicating that thrre had been Illinois Ohio I'ralrle I'lpu S O of Cal F I) of X J S O of X V iniii:i'i:nih:xt .170 . 323 .2 fit! .2T.2 Isiii (III. I". 320 2 9 207 770 332 320 2 lit 331 STOCKS p- .u.i..itB:.,.?,-2;- ; S'lvs-i?! n iarce hedw intere.t ,;;;;.iv;" CI" .,,.,. ,..,," - . ..... ...,,,H ,,,,1-11 June. May. ADT.. Men.. FID.. 8Sv lnt. 1013. 4.ons.4.l3 1 the 1111.1. .ii'.,.r,4n ,..,.. 191.1. 4H1IIII ''" 101.1. 4.i,R4.n(iS 1013. 4.1A2.244 liti.-v. 4.5:,. 741 Pept. Auar.. July. June, May. Apr., itch., Feb.. Jan., , n T Ininf n,fl JUIV. 10 7ll0.'R44:iB4 June. JB14 1 May." fist. fct: ?! 1014 1914 1014 1014 il.SM.n4S a. 324. 302 a.41.007 a 7T aaT 1014. 4.21S..131 Harnett oil & C.as. Cosden 'n Co KIk Il.isln Federal Oil Inter l'etrol Houston Oil Merrltt Oil Midwest Iteflnlng . Fluctuations were somewhat Irregular i hlo Fuel .'.'.'.'.'.'.'. but the market showed a generally ' Sapulpa lief steady undertone with old stvlo deliver- Sequoyah amenameru of the cotton futures wns passed last week. 7: ny, 2. VK 24 34 3H 10 les ruling 40 to B0 points "net higher, Mlnt'lai'r 1B1T.11.8H3.247 -Vav' 10 7.11.ss..ini Anr. ialT.13.lM.nu M"h. 10 T. 11. 711.1144 feb. to t ,1 rta aot Jan. 10 7;il!4T4:n.1l Dee.. IBIS. 4.m'2.in ne. 1010. 11. 847. CHS Nov., inis, 4. sort 347 Bor7. lOlo 11 O.U .142 Oct.. 10U. 4.MS.7t Oct.. loislln nis 3o Pent., intj s.nn.i.78 V-iV in .. n S22 int Aui.. 101.1. ,i.233.4S AuiV. 10 s. n.ssn.s-,7 Juiv, iota n.srni.sis ijuiy July. 1 ! o:bOS..102 June. J01S R.n7.31T ' ly Jan.. 10 5. o.sjn.ji. .May. .,j. o kj.;25. Septembci 10 ', olsjn'.RIl Mch., 10IS. T.'4M0!III IB n, W.n.TI.OOI cru., 11.1.,. i.nn.TI, 101S, S.MS.0SS Jan.. 1913. T.827.SM loin, 7.n:;.707 Unfilled orders on the corporation's books at the end of each quarter since March 31, 1907, were as follows: Tana Ton, Quarter endlnc Quarter endlsc with with De.. 1918. 7.371M32 Dec. 1012. T.032.1S4 Sept:. 1018. .-'?J.5 Sent.. 1013. S..1.1I.3nr June. llt. 8.1118,804 June. 1013. B.U07 MS. Licn.. j ;. "-" !'" ".. .. 5.304 jj; iv 1. ,,."?. ." f,"7 ." n."M,lol wnue tne new style months were 30 4 points above Saturday's final quotn- 1014. 4.a.f,aii inli o3: Hi ' ,lcc,,nts at the port for the day are 1014. iilTniiii """""" at 12-00 bales, against 14,304 1014. 4..-,.l'.S3.i bales a week ago and 17.SGC bales a IB 4. i n'55 nl'i ' a t" . Glen rock 31 7 s 3'. 0.1, 8n 24 150 3 18 7i U 3Ts 74i 0 -' 21 79 2 1 'A 54 3',i 3Ti ?H KS'i nnu r.M'4' 1:41. n?. Mi o , nr.u AmAgrlcill Chrm'.mi;,' 10"H 101'i 104V Am Acrl Ch nf. . nn1 Am net Sugar.. 74! Am Can J&h Am Car & Kdy... 5).7i Am Cotton Oil... 4.V Am Urtig Syn. ... It Am llldn (1 I,ea. . lll.'j Am Hide Ai I, pf.lflO Am Ice IK Am Ice pf 01 Am International. lif.'J Am I.lnseed 17't Am I.ltrxred pf... !H Am I.ocomotle.. 0S)i Am Malting If Am Smelt .t Hef. 70'f Am Steel F'drbs. sn' Am Ninriir Ilefln . . 1 lll'i Am Sumatra T0b.ll.T4 117 Am Tel & Tel.. . : l(f, IflS1 7.MJ llljj 114' i ISJi lt'i '.n 101 4S! (it 10?, 1HIJ, os.'i '76'i s' 74? i P.' 1)1'. 4.-. I3'f ins O'l's 17 '4 ni no1, in.'.' dti.'i os 'oiip s.V 7t?i tR's 4W 4:, 1,T m;; 17' f (VI 0R.N 10.', i ;, OS 'nij'i H7.'4 llS'j 118'j lIKJa Am Tobnrm Am Woolen Am Writ Taper.. Anaconda Coppir. Assets Kenllzit'n. Asso Ilrv floods. . Atrh Top & S K. Atlanta. Illr & At. Atl riiilf & W I., llaldwln I.oco.... Halt & Ohio tlnrrclt'Oo Hatopllas Mining. Ilethlehem Steel. . Iteth Stl Class II, ...1931C 11.0' i (12J. II!. 02 LM.S b'J?. 7'i liyi S7J. 4S i;o:j i'' fish' O'J.'i II3J 12 C.T. 2'i Vi 04 nih 1II7M lYMi ll.'i 01'i 2h J.-)'i O'J.'i 117 1075, lllOh (KlSi 4'.' 0.1W ah 2o!i O'Jil 100'. 107 SO!: 4sh 12 1 l'i 7().'- 70.' i 107 21 2I' 112 Oh 20 'fRU 4 110 l.'il 70 I'. I1 i 100! i K'O! 20; j 2 1! a KM H7 17h 12!lh Us 7li; a (10. lt rlosa 'Itllh X-ort V S Ind Alcohol.. 121) K0i US U S Itealty & Iiev. ,'13!a 34h :.'i 8.1 Ki.'i R2h 112 112 112 40 40 4S'-i 07 07Ji 01 J i 114!.' lllh 114 72.' a 74'f 72 loa Wi S'i 34h 22 10h' 21 lWi fist; 1:41 nmi. 120 33? . 82 J t 112 l' 07h' 114h' 72M 15!a fiS)i 8h 34! a 17 S llubbcr U S Hub 1st pf.. t: S Mm It & .11... U S Steel U S Steel pf.... .. Utah Copper . . . , flnli Securities... Va-Caro Chem . . . Wabash Wabash pf A. . . . Wabash pf II. ... West Maryland.. , Western rnclflc. . West 1'nc pf Westlngh K M.. Wheel oi 1.1; Krle. White Motors . . . Willys-overland.. Wlllys-Overld pf. . Wilson & Co Wilson tc Co pf . , wortliliigton I'. Worth V pf A.. Worth I pf IJ,. l: dllldend Woolworth preferred, l' I rrntnil Leather preferred. 1 : Iickawanna Sleel. 1,1 tuilway Steel Hurlns pieferred. J. 1 Atlantic Oulf und West India pre ferred, 1',;. 15!i ATI' S!i 8!a 35 34i 12 10,h' ll.'i 21 21 21 S!i 4.Vi 40! J 43h 40!i h wjj Mh' eivf S4!( 27.'i 28 a;; 28 02 77h -OJ4' 77! i 78!a OS.'i .Hi! j ('.Oh 03 03h , 03 03 02h 02?4 . 72Ja 72J. 72K 72! Philadelphia Stocks 10 Corn Mx Xnl llk.380 67 i;iee 1536 I 13 1-h 292I.eh Vnl.. B5i 913 I'ennallH 45H 20 Uhlla Co cum pf. 3SU 249 1'hlla Ulcc 2SVi 300 Hay C Ci 2oy, 210 Heading.. 85?, 10 So 1'nc, 103(4 OS Ton llel.. 34 200TonMln. 3 8BU I... 71 V4 24BO U S Steel 01 100 War I &S 8i 34 W Cramp 85 Iiw :so Net 2 p.m. hsc. 3S0 4-5 Blec Stor B9J4 B9Ji B9T4 k Sup C 20h 20i 20W .. h Xav. 71H 71 ii 71 U M 4i 45 M. 5U 35 U Vi Bii 25U .. . OH 20 U 4- 5 85, l( 3Va 3W .. 3 3 1H 71V.. BH 977 8 8?i 4- yt 6 85 3 IIONIIS Net High Ixiw 2 p.m. ehse. LOCAL MINING STOCKS TONOI'AH HTOi'KH Jim Puller , AlocNamui .Midway MI21MI1 Kxtvtision Mi ntitn 1 .Northern Sia. . . . , Itiscue Eula Wist Ilnd .. . . Hid ..111 ..1:1 ,:i2 .mi 112 Oh 10.' i .1.1; a Jiixi.vn STOCKS rJ; n.nt 19 7. 8.S33.477 Kent.. 1011. S nil SIT June. 10 T,lt.8S3.2ftT June. 1011. il.ftai nss Mch.. 1017. 11.711. 44 Mch.. lllll. .1.447 fllll TnSS"' 101(1. lt.MT.3M Dec. 1010. 3 S47 7.17 Sept.. 10 H. 0.333.384 Sept.. 1B10. a, 1.18 104) Jlina. lt. n.SI0.4.iy June. 1010. 4. 337.704 Jfch.. m. o.s.n.nnt Mch.. 1010. 11.403 nu BeeT. 1018. 7.8n.330 Dec.. 11(00. 3.037 1.11 Kot. J J. ?.2'IJ'J Went.. 1009. 4.T08.SSJ June. 10 3. 4.A78.108 June, 10011. 4.037.090 McJj.. 1 . 4.3S.1.74M Mch.. loon. 3.342 mil Ek, 19 4, 3.820.(148 Dec.. 1KOS. S.nn.1 337 Hsat., JU 4. 8,787, 87 Sept., 1008. 8.431.077 June. 1014. 4.082.8.1? June, lftns. a..1l.1.87 Meh.. 1014. 4.838.82.1 Mch.. tons. .1.78.1.848 Dec. 10 1. 4.382,108 June, ion?. T.ftns.878 Beet.. 10 8. 8.003.783 Mch.. 1007. 8.041 (IBS Juns. 1018. 8,ft7.81T Pent.. 1007. .43.Vnn SVetl.. 1913. T.488.03. Deo, 1007. 4.824.333 March May . October December Janu&n Saturday's Today's close open. 10:30 1 1 ;.10 1-3(1 . .. 23 .".", 3.1.411 2.1.411 33,411 2.1.41) .... -'2.411 22.IIII 22.110 22.11.1 , .. 2.' 7.1 33 111 23 in 23 0.1 23 oil 21. BO 22.21 22 21 22 20 22 211 21. Ml 22.ni 22.01 22.311 22. an " .'.A'.-. -'I-' -' '" -'1 73 21 7.1 . . 20.34 20.711 311.711 211.7.1 20 711 20.110 21 pi 21JI, 21 ii.1 21 nil ,.. 20.12 2H.4II 211 III 211 411 . 20 23 20.7.1 211 7.1 211.7.1 2n To 211.41120 40 20 10 211.411 10 33 20.00 20.I1H 211.01) 20.110 iVem York Bonds Combined Reserve Dank Statement Washington, March 10. The weekly report of the combined condition of the twelve Federal Heserve banks, nt the. close of business on Friday, March 7, announced by the Federal Heserve Board, Is as follows, (000 omitted) : RESOURCES Gold coin and certlfl- March 7 Feb. 28 eatea In vault 1341.010 134.1.762 Oold settlement fund... 311, 727 43.4K4 Qold with forelcn asen- . Cle 5.829 u.820 1838,120 181.1,075 Total cold held by banVs Qold with Federal Its. serve arent ll.ldJ.8IO I1.1S7.760 GoM redemption fund with U. 8. Treasurer 1IT..113 120.183 Total gold reserves.. fl, 230.479 $2,123,998 lsal tender, silver cits., subsidiary coin. $03,983 1H5.723 Total reserves $2,203.4112 $2,188,733 Bills discounted secured by sovt. war obllr. . .$l,T0t.4ST $1,480.(184 AUother 186,340 310.13(1 Bills bousht In open market 2T1.4I3 278,010 Total bills on hand.. $2,101. 230 $2,150,731 V. H. Oovt. Ions-term Mcurltle 82T.03T $2T,04 V. 8. Oovt. short-term ucurltlei 159,833 153,888 All other earning: assets 4 4 84 Ti 85 ; 00 78 95, 62 as Tout earnlnr assets, $2,348,110 $2,339,323 Hank premises , $9,729 'Vneolleeted Items (de ducted from gross de posits) 509,107 Five per cent redemp- ' Uon fund against F. K. blc notes V.429 All other resources,,,, 8,210 $9,713 633,443 8.B1S 6,497 Total resource $3,178,114 $3,200,730 LIABILITIES Capital paid ln $1 ataemliis Qovemmsnt deposits Stum x. to members' account taction Items tr deooslts. Included JW government credits iSBt re- 1.4J0 45. 4M lt.33lt 1,120.07(1 foe.ssv 181,40 22.788 2U9.H7S 1.383.012 480,237 123.883 114.738 lV! jrjasu, .aaasai l8ssFa Kill ;(v 1 gross deposits,, $2,401, 1ST $2,304,602 ,1 neserve notes actual circulation. 12,488,537 $2,460,348 1 Heserve bank i in circulation. liability... 136,391 133,463 isr iiauiimes, in aoreurn credits. gov- 20.763 44,793 liabilities $3,178,134 $3,113,112 ef total reserve Bat deposit and Tai reserve noie . Hire combined.. 01.4 r dz.2 of geld reserves Federal reaerve Itt aciuai cireu after setting It llabStlM..., 68.3!, 64.3 68000 Anglo-Fr Bs . 97, 1 1 000 Am l & I. Os.KiO'l 5000 Am Smelt 6s. . 917.J 14000 A Tel cv 4Hs 88V, 37000 Am T & T Cs lu3i, 1000 Armour C 4V-s 88 Vi 2000 Atchison 4s. . 82 u 4000 At Co L 4l,s. 83T, 3000 U & O 3Hs.. 885 1000 do cv 4Hs.. 78 2000Hrook H T 7s 84 15000 Bordeaux Os. .101',: 1000 Can Gov 5s '21 98h 5000 do 1926. ... 9, 2000 do 1931 97i 1000 Chile 6s 10000 C & O cv 5s. . ItOOOChl C,t W 4s. 1000 Chi Hwys 5s. 2000 Chi H & Q 4s. 8000 Chi I & W 4s. 2000 Chi Mil & St I cv Hjs ... ,8 6000 Col Indus 5s.. 73-i 20000 Col & Sth 4Ss 78 68000 City I'arls Hs.lOOA 9000 Erie conv 4s Series II ... 50 u 10000 H & M In 5s.. 16a, 28000 Int Met 4'jS. 38 5000 Int U T ref 5s 72 2000 K C Ft S&M 5s 84 4 3000 Kan C Ter 4s. 78 2000 L, Sh deb 4s '28 89 2000 do 4s 1931... 87 3000 I.lg & M T 5s. 91, 11000 Iuls & X 4s. 85 164000 1,1b Bend 3 Vis 08.60 419000 do conv 4s... 93 72 70000 do 1st 4s 94.56 C42000 do 4 Us' ... 95.28 3000 do 1st 4 '.is . 94.62 346000 do 2d 4V,s.. 94.04 1148000 do 4th 4 Us . 94.08 12000 Lyons 6s 101 U 4000 Leh V rets 6s.l01, 34000 Marseilles 6s 101 U 4000 Minn & St L 4s 45 U 3000 Mo Pac gen 4s 61 1000 Xa HH Mx 12s 60 2000 X V C&II en 4s 74 4 1000 do 6s 98?. 3000 do 44s 82 5000X Y C 4s 1959. 91 ',4 1000 X Y O B I, & II 93 20000 X Y Hwy 5s.. 13 '4 2000 Xor Pac 4s . . 83 U 4000 Pa gen rt 4 Vis 80 H 10000 Penna en 4Hs 95 14000 Penna 5s '68 95 1000 1'hlla Co co '22 911 3000 PierceO 6s 1924 92?, 1000 Sinclair Oil 7s 90 Vi 27000 So Pac cv 4s 83 i 208000 do cv 6s.... 101(4 1000 So Ity St L, 4s 72 5000 Texas Co 6s, 102 8000 Third Avad 6h 30 6000 U P L Co 5s 88 1; 18000 U S Itealty 6s 72 'i 2000 U S Hub 5a... 80U 8000 U S Stl s f Bs.lOOU 10000 Und'nd F.leo 6s 77 4000 U K of G H & I 5 Vis '19.100 30000 do 1921 98 26000. do 1937 100 1000 W Union 4i,is 86 Low 1 :30 97 U 97', 100U 100U 91! 9174 88', 88'- 10.1111 103U 88'i 88'! 82 'i 82 V, 837, 837, 88U 8SU 78 78 81 84 101 101 98 U 98 U 96, 96, 97, 97r' 81 N, 84?,; 85 i 85'; not, mi. Atlanta Illg Ledge Hutte Xew York Con Ariz C F S & Jerome .... First National Ooldtleld Merger ... (toldflelrl Cons ' !'il'1tH'ld l-'lorcnee . . . inldneld Kewnnas. . . (Ireen Monster IWcln Mining Howe S'lund Independene, I'ad . . . Jerome Verde Jim Hutler .lumhn Mxt.Mislon .... MeKlnley Harragh... Magma Copper i' 'ther Lode Mines Co of America Xevada Hills Xeada Wonder Xipl.'-slng Ohio Copper Hay Hercules San Toy Stewart Tnnopah Kxtenslon . United Verde Wen Knd Con White Caps 'i 1 aa 1'' i 17 33 4 '. 4 '4 3;, 33 14 45 7 32 1-3: 3 70 8T4 32 1A 14 78 95 r,2ai 73 78 100 B0V4 1BU 37 72 84 Y. 78 89 86!. 91, 81 , 9 8.. Ill 93.66 94.40 95.22 94.56 93.92 94.00 101 101 ioiu 15 U not, 60 74 Vi 98 82 91H 93 13 Vi 83 U 86V 95 i 95 9US4 92, 96 VS 83 V, 103 72 102 30 88V4 72 80U 100U 100 98 100 V, 86 05 "a C2a, 78 73 78 100 J, B0U 1644 37 H 7 84 Vi 78 89 HONDS Hethlehem 7s (notes). 101 Cosden oil 0s 90 Cos-den & Co f.s Oil Cudahy 7s 101 i Itussinn Covt 5'ts .. 58 dnC-s 05 Southern nail way 5s. 99 Sinclair Oil Os 89 Todd Shipbuilding Co. 104 i ti l'i A 8 ' 19 37 6 4 A 3!4 3 !i 37 17 48 29 34 n so 9 '4 i:, 01 - '4 8'i '2?i 33 17 101 ',i 93 93 1"2U 00 ns 99 u 92 110 19 4114 3'.i 33 9Vi 2,i l'i 1C lttth Steel 8''r pf.100 llnoth Fisheries. . 20 llrklyn Hap Trail. 21! Hrown Shoe 74 Ilurns Brothers... 141 llutto Cop & .Inc. Oh Hutto & Superior. 10!a llutterlck Co 2 Ha California Puck... !i'U California Petrol.. 2,.'a 2i.". 2C Cellfornla Pet pf. 71 74.h " 4 Canadian Pacific. 103 103h' UU Cent Leather Co. . OSh OS!, 07 Cerro dit Pasco C. ,!2h 32)5 Chandler Motor... 127 Chesa & Ohio. . . . oSh Chi (It West pf... 25! 4 Chi Mil & St P... 37 Chi M & St P Pf.. 70 Chi H t H Pac... 2l!i C It 1 & P C'e Pf. 02 C II U 1' 7Ve Pf- 70!a Chile Copper .... ISh Chlno Copper .... Ill's Colorado F & Ir. . 40! j Colorado South. . . 20 Columbia C & K. 40 Consolidated tins. 00 Con Inter Cal M. I J' Continental Can.. 81 h Corn Prod Kef. ... 4sh Crucible Steel O.Va Cuba Cane Sugar. 24 h Cuba Cine Sug pf. 7lh Deere A: Co pf . . . 05 Delaware & Hud. KM) Dcnv & Hlo Cr pf. 8 Distillers' St'vur. . 01 Dome Mines 12.',' Urlo I7.'a Krle 1st pf .').', Fisher Hodv 51h' tlnston W & W... 32! 1 Ueneral Cigar Ml Oeneral Klectrlc. ,1.".".T, Oeneral Motors. . . Io0 (ien Motors rts. . . SI?; (ien Motors pf. . . SO Goodrich (HF)Co. lis!. tiranby Conaol... ,0.h lireat Northern pf. 04 (it X cfs for o p. dO Orcene-Can Cop.. -13!j (iulf Mob & Xor.. 8 (iulf States Steel. 5.".h Illinois Central... 00 Inspiration Cop... -IS lntcrborough Con. 0), Inter!) Con pf. ... 22 Internnt Agrlu... 15,',' lntern.it Agrlc pf. 01.' Inter Hnrv new,, 110 Inter Mer Mar... 2.1'i 2,".'i 24!i Inter Mer Mar pf . 1U.M, 10s)i lOOjj Internnt Nickel... 2(!h 20! s 20 Intermit Paper... 4S 4S',' Inter I'.ip pf stpd. 75.h 75!i Jewel Tea 4' 41- Kansas City So.. . 10,',' 21 142 0". 10! !i 58' 1 127 .V.l.h 23! 30 71U 20 0(,h 77! j 10), 35h 42! a 2SU 40!i 00- 82) a 40'i OSh 2lh 75! a 05' i 100.'i S 02! r I3h IS :wh 55 33 ,r.3.h 150 100! i ;)2'a 12IWJ 50 25h 30! i 70'i 25h 00' a 70! 4' 10 31!4 llh 20i 40 00 'si tsh 00 237. 74!,' 05' i U'Oh s I J I? J 13 ,17h 30.h 1 103h 07 32! 12tl.'i 50.h 25! 4 30 71U 20 00h' 77 4 lo.h 3lh 42)' 28',' 40 00 'si 48'i OSh 21 75' a 0.V1 KKiV( S 00' 1 13h 17'. ,'IOh 7 IIS IK STOCKS or, II., 1.1 IIS "1 112 01 01 IS mi MIMCHLLAXKOUH Arizona I'nlted 23 Nevada Wnndi r 70 Tecop.i MtnltiK 12 (lOf.DIMKI,!) ,,, 1 Atlanta -'.. Illue llul 2l!lllnnth . . . Criirkerl irk HiHlnnn'lllelil Daisy KewHlma .. on, II II Spearhead silr i-k Ask .Ms .30 .211 .UK .10 1,4 .07 .07 .17 .in .n.i .01 .(17 .nn .73 .14 $2000 Kl & Teo Tr 4s.. 70 70 1000 Like Sup Inc 6s.. 63 '4 031,4 1000 Leh Vnl Coal 6S.100V4 100U 2000 do 6s.. 101-1, 1014, 1000 Lib Honda 3d 4V,s 95.26 95.2C 10d0 Phlla Klec 1st Bs.. 0374 93T4 1000 Phlla Bei W 4s.. 95b 954 1000 Un Hwy Inv 6s. OS 08 70 .. C3V4 .. 95.2C .10 9374 .. 95 i V4 3 4. Vi DUTTER, EGGS AND CHEESE LOCAL MEAT "AltKET The follow Inn report on the fresh moat trade In Philadelphia Is furnished l,y the local live stock and meat office of the Hu nan nf Miirki'ls. United Stuns Department of Aarlculturc! IIKKK. KIIKNH Receipts modernte. mar ket stronvir on nil grade. nsklltK $1 higher Ih.in Friday's close: eurlv trade llht. STliUltS Itetelt'ts moderate; bulk rom moil nnd medium tirades; market steady nt 42-' to S27: detnnnd fair. COWS Iteeelpts moderate; market steady nt 1li to J'.'.'l: demand lluht. V11AI. Ileeeliils m-elerale- market steady In Arm at 114 to $2ii: demand iule. POItK It, relnts llpht: market stronir to hlsher: nsklllir $2 hluhrr than Friday's close .it 2S in San- ,1, mand fair. LAMP Receipts ilitht: market nrm to $1 hlsher than I'rlilav's ilose nt $27 to $33; demand Lrnod SrL'TTON lleeelnts tlaht: market steady at 111' to $23. demand fair CHICAGO MUTTER AND EGGS ClilriiKO. -.March HI llt'TTKIl Receipts, ."fli? tubs. Seconds. ,17r. COOS Receipts. 8S70 cases. Prices un. rhanired. Financial Briefs New ork. March In. liLTTKIt firmer. Ri-celpta. 111112 tubs. Hlsher-scorlnu. now (t (III., extras .1814 : Tide: llrsts, .l.imi.mc: sec onds. ,,1 41 u.,c: stale dalr, 3,S8c; Imitation creamery. 44TM.1c, KIII1H unsettled. Receipts. 10,R7t cases. Hxtrns. 4.1V4Hi4lc; estrn firsts. 4214W43cs nrsts. 417 42p: seconds. .111(1 4ll'4c: dirties, N"i..h 3!'ct' '" 2. 30f,3c; checks. No, 1. .IHW,l7r cheeks. No , 34W33c; state and nearbv hennery whites. HKf.liic! arathered whiles. 8T4TS8CI ParlOe coast whites. 40W 411c. western nnd southern gathered whites, 4Sc state hennery browns, 438 47c; mixed colore,, -;:'n i,c, L,ii!.e.nr. nrm. sironv. iieeeinfa. n.-.T ., , - : ... . - , iM.ves Miiiie .eiintA Ai i u ,--, , , niiu ni, n iiei iniiiie, liner t-iiHrBes nnn Si"'?. traV."cufVen!0 rnUke: WlK.: SSw'aaft i Wf VS'M 6,',"'1"' " compared flat, current make, cqlored, alerase run, with $6,791,234 In 1917. ,i243."n, flat, current make, white, average iwins. current make, spc STEEL COMMON LEADS TRADING ON THE PHILADELPHIA EXCHANGE That Issue Is Most Active and Advances After Drop, Corn Exchange Bank Rises 5 Points and i William Cramp Declines Sharply, ' 1 .1 ""yvjBPii United StnteA Steel common wns the only stock showing activity of Interest In today's early trading on the Philadelphia exchange. Huslncsg ln homo Issues was nearly all In small, odd lots nnd price changes wero Irregular, reflecting the uncertainty Indicated by the big board after It had registered strength nt the start. Although the leader from point of activity, Steel was .Inclined downward early, but later It advanced In Una with Its course In Now York. The widest changes for strictly local stocks were a decline of more than 3 points for William Crnmp trust certificates nnd nn advance of 5 points for Corn Kxohnngo National to 360, the latter on a transaction of ten shares, tho first recorded for some time. Lake Superior become fairly active after the first hour and gained a fraction, Klectrlc Storage Battery advanced, Lehigh Navigation moved up Vt, Transit certificates gained fractionally and Philadelphia Electric, United das Improvement and Tonopah-Belmont come out unchanged. Halls were firm, Heading advancing more than 1 point, Lehigh Valley, , Pennsylvania V4 and Southern Pacific selling unchanged. ' Pennsylvania turned nctlve around midday, when nearly all the rails were active in New York. Bond business was slow and uninteresting. The annual meeting of Southern Pacific Company will he held April 9. Hooks close March 25 and re-open April 10. Wilson & Co. hns Issued Its nnnunl I report for the year ended December 28, run. :i"-s 4tai e ciai. a,c. NEW YORK COFFEE MARKET New York, Mnrch 10. The market for coffee futures opened sternly at an advance of one to three points, with a fair demand for the December which opened nt 14c, sold to 13.98c nnd back to 13.99c. Saturday's rlose May 1.1.2." July 14.38 September 1 1 2.'l December 13.11.1 March Today's openlnc 1.1. .in 14. on 14.24 13 117 13.113 DIVIDENDS DECLARED Interna tlonnl Harvt utT ("omnny nunr ttrly of $l.flo on common, payable April 1 A to iitock of record Mnrch 2.1. J. I. I'aw ThrenhlnK Machine Company, (iiiarterly of 1 i jmt c-nt on .-referrwl. pay. liaise r;w.r t H'IUi .11111 1 II l II. Reynolds Tobacco Comp . nuar- Thc annual report or tne Hercules Powder Company shows gross receipts during 1918 nggregnted $46,666,052; net earnings from nil sources, after making deductions, $2,370,134: paid or set aside for preferred dividend, $374,500; avail able for Improvements or dividends on common stock, $1,995,634 nnd dividends paid (in common stock, 17 per cent. The 000 to a cash 218,000. tin comn e New Y Ihe net brk Subtreasurv lost $266 oanKs on Saturday, loss since Friday making or $1,- . ... - .- . r. .i . .. - -r--".--. leriy oi .i imt cent on -a nnn "ii com mon nno or I ", per eenl on preferred, all I payable April 1 to stock of record March 21. I Senators Purchase. Ike Davis Washington. March 10. The Wash, tnutnn club has purchased InOelder Ike D-ivIa from the Wichita Western I.eacu club. Davis played third nnd shortstop for Wichita In 1917 nnd last year was In Ihe navy, from which hj recently secured his dlschnrRe. Extra by Dodge Manufacturing New York, March 10. The Dodge Manufacturing Company declared the regular quarterly dividend of li per vent on the preferred, payable April 1 o stock of record March 21, Also the regular quarterly dividend of 1V4 pe cent and the usual extra dividend of 1 per cent on the common, both payable April 1 to stock of record Mnrch 28. Liggett & Myers Pay Extra New York, Tdarch 10. The Liggett & Mvers Tobacco Company declared nn extra dividend of $4 a share on the common stock, payable April 1. Wcatlnghoute Sells British Holdings New York, March 10. The Westing house Klectrlc and Manufacturing Com pany has sold to 3rltlrh Interests for approximately $7,000,000 Its holdings in Klectrlc Holdings, Limited, a concern which was organized ln London In May, 1917, to take over the British Westing house nnd Manufacturing Company. In return for stock control of tne latter concern, Westlnghouse Klectrlc received shout half the ordinary stock of Klectrlc Holdings. Limited, and $6,600,000 of Its ten-year 6 per cent prior lien bonds. Don't Overpay Your Income Tax In justice to yourself as well as to the Govern ment, it will pay you to employ our services. Consult us before filing your return. NATIONAL TAX AUDIT BUREAU TaxExptrti & Public Accountant! 406 Colonial Trust Bldg. Market and 13th Sts. Spruce 1075 Ilace 906 Open Kvenlngs This Week Until Ten .vta a.'. 1 B i.-C) i .('. I 'M 1.V.IJ, 1 1 S(i S(i SI, 0!l!i l.8? bS7 71H 70!i "l'i, 115! i J45a UJ'.l 10! a -10 .lb j I 4Hi i:t!a -111'. I H'.i X'l hH ' 50 fi-'ij. "j.', .)) U'.l J!I I 18.',' 47!,' 47?' , I Kelly Sprlngfd T.llllU ll! nil. , :iu :i2W MONEY-LENDING RATES xniV YORK Money on call, mixed collateral, opened todny at 4'i per cent for lending nnd renewing. On nil In dustrial collateral, the opening rate was 6 per cent. Time money todny was quiet with very little being loaned. All Industrial money wns quoted 6.4fi5s, per cent ami Kennccolt ( Lack Steel lA-e llubber & T. . 20" Lehigh Valley o," loow-Wlles His.. 4S Loose-W H 1st pf. ll.'i Marlin-KoeUwcll. . 7.1 Maxwell Motors.. .'i(i' Maxwell M 1st pf. 01" Maxwell .11 2d pf May Dept .Stores. Mexican Petrol.. Mexican Pet pf. , Miami Copper . . Mldvalo Sleel ... Minn & St L new M St Pet S S M. M St P &S S M pf.lU7 Mo Kan & Texas. (US Mo Kan & Tex pf . Mo Paclflo Mo Pacific pf.... Montana Power.. . Nat Acme Nat Cond & Cable. Nat Cloak & Suit. Nat Knnm & Stp. Nat It of M 2d pf. Nevada Con Cop, New Orl T & M . . X Y Air Brake... 100! j 101 X Y Central "j1 'iGU X Y C&St L 2d pf. 44- ... X Y Chi & St I... 27 ... X Y Dock 'JOU 20 x y x h & ii... :i4 am Norfolk & Vest..l04i Wo-i" Northern Pacific H.'Ua 04.". Ohio Wiles (Jas... 'Mi 3,'i Ohio Cities C, rts. 3i : . 0t)?i ,1K1!, . 100 . '.'.'I! . 401. . 12 !)0.' lllJi 24 i oil's 70.' .30) i 104 .1 51J,' W. 10.' i :u 5,V a 4ll.'j 115 30Ji CO.'i 2.!j 71 lS4!a 10S 21 IS 12) i Ul OK Ufa 2oJ. 53! a ' 31 lC,?i 72 52 !i 1'JJi IC.'i 81 47,' 75)a 40 lil.'i 110 ai'4' 70 'j 55 4!) 115 M'i 00', 27 h 70 1S.I 108 2.').',' 411! 12 Ul G nn 24i 5:i 'i '.ii 10a 217 i I OS' a 2(1 47!,' 75! j 40; j 110 :t2!-i 7-'; 10! a IGi 3.1 103!5 75 40! a 115 ' GO'; 27! i 1 1 lSl!a 10S - 24 47! i P.". 01 ' v,n Ilia' 25 53! i 'ill 10! a 72 52) J 12'i lll'a :w 101 7GU 20 33?, 105 03! a 38 31, nd mixed collateral loans nt B14 per 1 nmiri,, Mlninir r,: 7 7 .nt for all maturities Member aceep- nkln,mma I- & ii' &7 s'i M, ance bills were 4ft(4Vi per cent ills. I " ,'1"'n'?; 1 & II' .,?.', .i,',. .! ount. nonmember bills. 4, (S41, nnd 1 Pacific Mall f.lU -t-Ua .13' nellglbles 5t8ii5 er cent. Pacillo Tel & Tel. 27 tarn coui Inellglhli The acceptance market also was nulet and unchanged. 91, 85 98.52 93.66 91.40 96.20 I , 94.02 1 I'll ILAIir.I.PllIA Call, 5-U percent; 94.00! time, 5;&6 per cent. Commercial pa per, inrce to six mnnins, tn, '(lo's per cent; six months, G per cent. 94.02 101 101 101U 45K 61 50 7H4 98T4 Pan-Am Pet & Tr. S3 83 Pan-Am P & T pf.143 141 Penna 11 11 44!i 45 Peitnle'i flou Hhlf. TOlli Tt')M 20 34 105i ' 114?. I 3s!a I 7' I S'i I 33) a I 83 $7,410,000 New York Central Railroad, Equipment Trust of 1917 Certificates 4y2 January 1 and July 1 Maturing $570,000 each January 1 from 1920 to 1932, inclusive. $2,666,000 2,808,000 Authorized $19,995,000 Matured or cancelled .- Issuable, at not exceeding 80 of cost of new equipment. Outstanding, including these certificates $14,521,000 T,he oustanding certificates mature $1,117,000 each January 1 from 1920 to 1932, inclusive. Denominations: Coupon, $1000; rcgisterablc as to principal. Registered, $1000, $5000, $10,000 and $50,000. , GUARANTY TRUST COMPANY OF NEW YORK, TRUSTEE mary 1, 19-,, maturity, price 99.22 " 1, 1921, " " 98.10 " 1, 1922, " " 9C.81 " 1..1923, " " 95.37 " . 1, 1924, " " 94.32 " 1, 1925, " " 93.32 " 1, 1926, " " 92.38 " 1, 1927, " " 91.49 " 1, 1928, " " 90.65 " 1, 1929, " " 89.86 " 1, 1930, " " 89.12 " , 1, 1931, " " 88.41 " 1, 1932, " " 87.75 99.22 and interest, to yield 5 57o " " " 5' 57 " " " 5 " " " 57i ' 6T4 " " 5 " " 5 ' " 5' ' 5i ' 57 " " " 6 $7,800,000 Michigan Central Railroad Equipment Trust of 1917 Certificates Reserve Ranks' Discount Rates Official discount rntes nt the twelve i-enerni neserve nanKs were ns follows: i ti,,h g. West Va (The nrst column gives' the rates for i ;.,. ,,, ,.... Pere Marn pf. Philadelphia Co. Pierce-Arrow ... Plerce-Arrow pf. I'lerco Oil Pittsburgh Coal. Pitts Coal pf. 40 ... 35 a 30 44U 45 104!. 105 17U 17!a' 48 40)4' SO 87 38 as'.' 08! a 08! a 33W 81! 141!a 142!i 44' 41!,'l 5U aa;, 'so 'lm 44!. 45 I 104!i 104!a nM .! a. .. .! l-.-l...lt.. 4TIa .in s nekt,,ri... ,un ,! . i,i Pullman Co ll;i lio of sixteen to ninety days. The third I Hwy h,eel Spring. ,0a ibV and fourth columns are the rates for) Hay Consol Cop.. lUJi SSJI4 rediscounts of collateral loans becured lteadlng 844, 85!. by government bondf or notes.) Heading 1st pf... 38.'. 3Sla Com. nanee tlov. naner 1 Iten Iron Si Steel. Kllf 85 10 to mi la to 90 1 nep Ir & Stl pf . . 102 10214 102a 102j tu ua.n u's.-sr iu 11 J 44 J 91V4 93 13H 83 U 864 95 i OR 1,1 , noston ft 1 I New York I Phllartelphla 96'.4 1 Cleveland . 834 inlchmond .. 103 102 30 88 ; 72 86 U 100 'J 77 100 9811 Atlanta Chlcaso Minneapolis . . . HI. 1-ouls Kansas City . . San Kranrlsco. Dallas 4. 4. 4. 4H 4", 4. 4'4 4 4 4 4 4U 4 Hep Iron & Steel. 8111 Hep Ir & Stl pf..l02 Hoy Dutch tr rets. 02.'. St Louls-S Fran.. 12;. St L-San Pran pf. 25 St L Southw't pf. 41 Saxon Motor .... 10! j Sears Itoeb & Co. 172 Shnttuck-Arlzona, 10 Sinclair Oil Hef... 35! a Sloss-.Htuff S & I. 63 I Southern Pacific. . 103W I Southern Hallway. 2U!i Rtromberg Curb.. 30)a FOREIGN EXCHANCE Studebaker Co.... 0IJ. New York. March 10. The foreign , Stut Motor .... filjf exchange market today was dull nnd Superior Steel ... 3G?i uninteresting, It being pointed out that Tenn Cop & Ch.. . 13J i; 48!i 80! a 37!, 005 117! j 70!,' 20 81'. 81!,' 17)i 40!f 8, 3S.'i ' (i8tj 117J,' 7G!,' JO 85 mi 85 4 4 4 4U 4' 4 i 4, 5 4 4i 4 0 4',1 f. 4'i 4;05 4 4H 41, 4V 4v; 44 ' 4,; I 4Vi 44i 4U 4U 4U 04 13 lD.'a 173 ii,;; 30! a 64!. 11!,' 20!4 "02Ji 52 37 la.'a 02 13 "33!i 10,, 173 10 30 53 04 13 ' 33J,' 10! a '73 10 30 631 102i 103'. 201 2U' DANK CLEARINCS Hank clearings today compared with cor responding day last two aers! 1919 1918 1B17 rhlla. ..S30.4HL1B3 130.734. T4R I40.K,I1R N. York Ssil.li31.nlo 3U.V(irt.r,T.1 334,037,101 Huston,. 33.003,480 31.S41.014 'Jll.,1 lll,7tl.-i OTHER FINANCIAL NEJT'S , ON PAGE 16 ' si grjsz ! thla condition had been brought about TexaB Co 103!j 107 I Dy uncertainly witn respect to tne sail- . Texas & Pacific. 32!. 33 Ing of vessels from this port becnuso n-i.,..i 4 .. 111; I ..t .U kn-K- .llrn U, J. ...,.. ". I'AIIUM Oll'tiuo " ".' "" " on, or, oia.y.iiuy Bier- Tnt,n.n vrn,, line- mnti u'.,fl nnnr.n , j Tin nn., t - " ninety.uay nuts nt 1.71. both nominal, Quotations were: Demand sterling 4.75?i. cables 4.76A, Franc cheeks 8.48y,, cables 6,47i. Swiss checks 4.85, cables 4.81. Cullder checks 41A, cables 414. Peseta checks 20,85. cables 20.98. Stockholm checks 28. cables 28.20. Christiana checks 27, cahles 27,20. Copenhagen checks 25.90, cables 26.10, Lire checks 6.36 H. cables E.35. Iluble currency was quojed at 14.80. Products. a:j Tobacco Prod pf . 100 Tobacco Prod rts, 0,'i Transun & Wins.. 38! i Union nag & Pap. 80 Union Pacific Unit Alloy Steel.. 421 United Cigar Strs.134!' United Drug 00.' .' Unit Drug 2d pf.. 05.'. United Fruit . ,..10'J USCI P&F..,. iOH 88! i 100 0!i 40 81 40! i 30! a 12!' 103 32! i 87 100 0!f 30 . 81 02!i 50 37 13U 107 32K '&S!i 100 0J,' MH 81 Authorized $9,000,000. O March 1 and September 1 Maturing $600,000 each March 1 from 1920 to 1932, inclusive. Matured-or cancelled, $1,200,000. Denomination: .Coupon, $1000; rcgisterablc os to principal. Registered, $1000, $5000, $10,000 and $50,000. Outstanding, $7,800,000. GUARANTY TRUST COMPANY OF NEW YORK, TRUSTEE March 1, 1920, maturity, price 100.47 and interest, to yield 5V4 1, 1921, 1, 1922, 1, 1923, 1, 1924, 1, 1025, 1, 1926, 1, 1927, 1, 1928, 1, 1929, 1, 1930, 1, 1931, 1, 1932, 1 00.69 1 00.67 1 00.44 100.53 100.62 1 00.71 1 00.79 100.86 1 00.93 1 01.00 101.06 101.12 G 5 5 5Ts 5Ts 5 57i 57 Wo e7 Lioj a Liiii r-Wi iSo;;; 43 134 100 42 132 100 160!.' 160;.' 20 20 42 U 133 100 1G0J, 20 Theso certificates are secured by first and only charge upon equipment leased by the Trustee to the New York Central Railroad Company and the Michigan Central Railroad Company respectively, the title to the equipment being vested in the Trustee for the proportionate benefit of certificate holders. , The cost of the equipment, substantially all of which was purchased during the year 1916, was approximately 459t in excess of the face amount of certificates now outstanding. It is estimated that the replacement of this equipment at present would require the expenditure of a sum more than double the amount of certificates now outstanding. The issuance of these certificates has been approved by the United States Railroad Administration. The form of nil papers and proceedings in this business is to be approved by our counsel. We offer these certificates, Bubject to delivery to us and to prior sale or change in price, at the above prices. Bankers Trust Company The Union Trust Company New York of Pittsburgh Hallgarten & Company New York STATEMENTS WHILE DA3ED UPON THE DEST OBTAINABLE INFOBMATlON AIIE NOT QUAIIANTEED 2 Tt 4' S T "IV a it y- ,f. ...
Significant historical Pennsylvania newspapers