fffP&W"-'" 'fZf$fi'7??X''- "W''-rl ' 'jSjip
. tsrT?Wi
I
S
. I
16
EVENING PUBLIC LEDGER-PHILADELOPHIA, TUESDAY, .MARCH 11, 1919
-1
NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES
t
g-rA
r
l?
P.;
Aii
Investments
witliout Risk
It is not diflicult to se
lect securities that are
so safeguarded that
risk is practically elim
inated. For those who
desire above nil else
safely for their princi
pal vc suggest sending
for our Investors' Let
tor E-2G, which gives
some suggestions.
Chandler i Company
!. ..
Fianklin Bank Building
Philadelphia
Naw Vurk Boston
STRENGTH CONTINUES FOR MOST
STOCKS ON NEW YORK EXCHANGE
A'cio York Stocks
Local Industrials
Only
Our policv is to offer for sale
Ihe stock of nearby manufactur
ing corporations whosn earning
capacity and executive manage
ment, after investigation., have
proved to be beyond criticism.
A dividend producer of unusual
merit presents itself at this time
and wo will be glad to furnish
details.
Benner & Company, Inc.
Widener Building
Philadelphia
tranches in Penntulianta
READING. YORK. LANCASTER
Selling by Speculators Causes Some Declines Early, but
Leaders Soon Turn Upward Rails Prominent,
AVitb Bank Buying Helping Beading Company
New Yorli. March 11 Tht vnrlous ilisculetlnif di'velopmcnlb recorded
In the news tivcrnlKht caiiePtl oiiip uneasiness In spcculativo clrcletr
tod.iy mill pride movements from n period iiflrr the npeniiiK were
confused, with .1 number of Issues showing moderate losses, but de
idincs were itiirM.v recovered, and before the end of th" llrst hour Iho
Important movements were attain k hlBher figures
The room traders had told stork because of the Huffalo labor troubles,
but outside of tlils selling ;iboiit the only other Mippl.v came from somo
of that speculative clement which In nlwn.vs uncisv ,md f,tllrk to turn
in ItK marltct position for the sllshlcst liit'ctitlvri.
The railroad stochi iic.iln became tho most prominent feature, with
a renewal nf the banldnc liiiylnjj putting; ISc.i'ilnc up morn than 1 point
to sri4
Somo of the Ion -priced rails were- more active than tlic hare been In
a Ions period, with the Wabash Issues In brisk demand, the preferred
moving up 1 to aboo 3i.
L'nlted States Pttel common indicated the general market situation,
that stoi'k flrrt falling from 9t5, tu OSta and then rallying to above SB.
Ureat Northern Ore was 11 strong feature all through 'he morning,
ml-anctng t ', to A"'
t.ait
clnsa lllsh 1W
2Hs 26' 26H
Ms t!2'i B2U
7.Vf 7fi!i "4'
3i 4 n't-
2
35' t 3fii J&i
M) 09''j 80! i
11:.V)
a.m,
2Ai
mH
H'l
4
21
35' j
Stl'n
lot
100
74W
IS
PENNSYLVANIA RAILROAD LEADS
LOCAL TRADING AND IS FIRM
Advance nuniely.
Adv numply if. .,
AJx rtubher
Alaska Oold M . . .
Alaska Juneau . .
Allls-Chalni Mfr..
Allls-Chalm M nf.
Am Agrlcul Chem 104W 101 101
Am Agrl Ch pf.. 001, 100 100
Am lieet Kugir . 7-l't "I'i 74'j
Am ran .... .18!, 48 IS
Am ran pf .10.1
Am Oar & rdv .. (U'i 03" i 0 1' t 93'i
Am Cotton Oil . . 4fiU I 4a :. 43
Am Drue Sj'ii ... Kl"i 13!l'i ''1'j
Am llldn &. I.ca . lD'j 111,' J 10U l'J't
Am Hldo & I. pMOO1. 100 100 100
Am left .17 Ab) 47' 47U'
Am Ire pf .. nl lon'i OV VMi
Am International. 07', Ii7'i 0" 07
Am Linseed . .. 4Vi 40'i l"'i '"'
Am I.lnscol pf . HO
Am locomotive.. o7' ll"1. 0"'i Im'i
Am Malting . 2
A M 1st pf c of d .',0 ,
Am Smelt jfc lief. 70'i 7u! TOU 0'i
Am Steel K'drlcs 87
Am Sugar Uetln. ,110'i
Am Sumatra Tob.ll. llG't llG'i 110'i
Am Tel & Tel ... 107' 10"'j 107'ii I07Ja
m Tobacco 2) 200 200 200
Am Tob nf new..ltX),i
Am Woolon . . . fi.Vi ti.Vi G.Vi O.Vi
Am AViit Paper.. Il.'i 10'i lO'i 40'
Am Zinc I. & S . 12.'
Anaconda Oopptr. t2 02 02 02
Assets ltoalltat'n. 2'i 2"i 2"i -
Afso Drv doods. . 2,"i
Asso P O 1st nf. . 0" .
Ateh Top & S P. O.IJj 01 02'j 02't
Atrh T & S K pf rH'j 8('i SO'j SGK
Atl Uulf & W I..10h,'i 107' j 107 j 10. i
tl 1 j X- w t nf . . Ml
HaUlMln l.oco ... S7'i SS' S7 S7'i
Halt A Ohio . . ISS P' !!" lb'a
Sn-oii: Sliirl on iH-allcml Pur- Sliifliiigof Old Stvlc Conlracls '''," V,hl "f -Jf,' ;:;, ., - ;..0..
r tlHirctt O ... ljli4 I-l J -U
.. !... ' f I.. I.. !.. ! UiiMiiliu 1 iMinc IT- l't l"
... tm- - vim UUII1C?S " 'sVViasslT 76 71', 71P. 70,
Reading Company Advances Also, but Is Slow Lake
Superior and Electric Storage Battery Are Higher.
Steel Common Steady
Only n small turnoer of stocks took place on tho rii ladolphla ex
change today prc lous to midday, mid prlco chnngts were generally email
nnd mixed.
Pennsylvania rtallroad continued active nnd was tho leader. At one
tlmo It sold up H at 45',, another new high level for thin year, but
later It turned easier and was unchanged. Heading Company advanced
on the first transaction, 11 trifling sale.
nicctrlo Storage Battery mado a fractional gain. Lake Superior Cor
poration moved up U. while Insurance Company of North America was
ch" ' and Philadelphia Klectrlc appeared nt Its previous closing price,
Atbltrage business was In larger quantity than usual. International
Paper preferred, on a good. sized turnover, jlclded slightly. Baldwin LAco
motle common advanced slightly In lino with Its course In New York, but
tho preferred came out unchanged. Steel common was slow but steady.
Buffalo and Susquehanna certificates sold H below tho previous tran
actlon recorded about two weeks ago.
BUYING POWER POOR COTTON TRADERS BUSY
IN THE CORN MARKET TRANSFERRING HEDGES
clinsi'i- llio Place lit Weak-
Oat. Also Recede
New York Bonds
High Vow 11 10
26000 Angld-Fch 5i 97'i !7i !7'.
1000 Am Smelt 5s. 91i 01s. 5lJ4
600nAin Tel & TGk ', !in, ov
48tf00 ilo 6s 103, 1033 103,
SOOOArm'r Co 4'jS 88J 88't 88 '4
1000 B & O e ('is. 78 78 78
snitn Kih smi r,a -us s:'i 82'n s:i4
3000 Cent I.thr Cs !fiH !)6't 96'
P00I) rt Itll N-.I fis lfli'i 102'i 102's
3000 1" & O e I'-S 7P 7!) 7t
200O0 do r t 80 SB', 8R
snnorhi n & tj is !5 i'SN i"'.
1000 Ohl Mil & f-'t P
ev ii-s. ( ' '.
Philadelphia Stocks
200 Bald Loc. 88
3 do pref,103
M B 4 8 t c M
20 i:iec Stor 59)i
(00 Int Pap
pf stp. . 75
100 InsC N A 28't
220 1,1c Sup 1" 20
(82 I'enna IIH (5'i
811 I'lilla Klec 2S'4
10 lltadlng . SS
230 L S Steel 06 'i
87?,
103
1 1 ..10
a. m
87 ,
103
Nft
i
60 69 '!
69 ; D9i H
71i 7(i '
28 U 28 ' 'i
20 '4 20 '. '4
(5 (5'
25', 25i ..
85 85 .
90 96
DIVIDENDS DECLARED
...TJ.1.' Towns -Mnfcturlnr Comrny,
quirtrlr of SH r,r cnt, r.jabls April I
to Hock of rrorrt Mrrh 22,
Cinidlm Cir anil Foundry, auttfrly of
? .prr, c'.nt on prfnl. pblAprll 10
to stock of record ,M,reh i'M
Trut, of Great Norfhrn Ore Troper
tin n itectaren 1l,trlbutlon of $3 on
J,ru,",ff, eertmcatea of beneficial Interest In
Vr f.' Northern Iron ore properties parabla
April 0 to stock of record March 20.
Stuti .Motorcar Company of America, Inc.,
quarterly of It Sil, pa able April 1 to alock
of record March 22
Liverpool Cotton
Liverpool, March 11. Spot cotton ws
quiet today with prices steady on th
basis of an advance of 18 points for
middling, old contract, at 15.23d. The
sales uere 1000 baler, including 800
bales American- llecelpts were 8000
bales, all American. Futures were quiet
In the early dealings. Spot prices
tterer American, middling fair, lt.lOd;
good middling, lS.SId; middling, 15.23d;
low middling, ll,18d: good ordinary.
12.6f.di ordinary. 11,23d.
IK'S-
Transaction
Spiuce S", .'ucu 2553
Canadian
Municipal Bonds
Hougltt Sold CJuoted
FINCKli. BANGERT & CO,
litdc
Ilk till Itiltlk
BOSTON
rhiuriiiihu
m:w vomc
IHN HKIT Ur.VIIIKK HiRWAr
t hlnjto. tirrh 11 IIIIih fs Pair to
f'Shf n4 WfilnwI.T HairniM Missouri
low a jri'l Kuiivaii hair .nnl w iirtnr ti
nikht onl Wwlnertlt AiMnniln Pair
k niBh mJ W ti)H'-"lt' rarnir tnntcht
ouh ind run W tUxofdAi MIlimMa
Kali tonis'i ari'l l-rubublj ltif i"l.i
Hrmr vivt hitI south tonUht hiii in
ntn ni' outhoiRf Werlne-nHv . inMr
tioifli Ufin'I Nnrh lukula Kdir
tnnmht hhtitipp eiQUth Wrrlnci"! lili
Hblv un'ftttM un'l i older Smtli Paknti
-Pair tnnicht tii'l U'dnrKU warniT
fnnuh' Nitirifkn Fair tunlcnt .mil
(int"lT arinr (onltiht .ni'J tn nt
Uirlnijtlat Montani I'louth lunUht "!
V'tinradiv prot'.iM rain or M im mI
f tho T)im'1' oiuiiis- Vnr nnii,.ltt
HM't uMjnitl.i tr' prubablj m ct-
"3 '....nhi. T'-i.m iiv-ia hv. ir..t t ir..Ti
UmIIa C Unnrlnr fl "II
( Ne lork, March 11 -The cotton rallfomla Pack . . o7 .V"
market I141I an irregular opening On 'California retro! . 'J7J t . .
'old contracts. March .-, n t.i Calirornu I'ci or. .1 1
. . .-. ' '
poinis ami nincr position ncre 20 points i'hsp (j I) Co pf
ItuNui-i ,u 111 poinis lower. aow con
tiacts nt.irtcd at an advance of fifteen
1 points to ,1 deel ne of 10 point"
1 I'crtlliiBs HKdln contlBtcd larKcly ol
llquld.ttlon of old fctjle contracts for
transfernns hedges to new style
Spot hnusis sold old contracts and
1 ummer iohitlons. while l,lcrpoo and
I the trade wtro liuers of old contracts
1 to llquld.itH short accounts
After the outset, the market eased a
Beth Stl Class H .U il'i ;,'"" ..,.., i,,-,i. f,a mo A lfliiA 1A
Both Steel 8- i.f.lt)U' IIKl'i 106' i lUO'.i n0fl ,c p SwS.lOsl, 10sS 1
Beoth rishertes 3) W 1 W ? 3?nno ,lh BoTd 3?bh 08.0 JIM M.J
Brkls 11 Itp Trail. LM'i !ti -! SI :ln0o() do ex Is 03.72 93.50 J3.R0
It M
Net
iliac
10'.
oG'i
!!.' 1
M'j
tl.i'i
Cent Leather Co . 07 6i
Cerro de l'asco C. .12'. ...
Chandler Motor ..IL'O 12.1
G7"i 67't
Chesa & Ohio. . .
Chi Great Wist
Chi tit West pf...
Chi Mil & St P .
Chi M & St V Pf..
Chi & Northwn
Chi It 1 .- Pac .
dlli l 6 pf
c n 1 . v 7 pf.
Chile Copper
Uhino Copper
"lev CCISI, .
Cluclt-I'calioilv
Coloiado r . lr. .
ff.)
S
2.Vi
70
Oti't
23
fiti'4
:i7'
70'i
122
o')
':'i7.
70i
20
IjO'j
Spruce t.Vl Kate 30J
n'fA'7 rinanrlil letter 01 trcvfi
PAINE, WEBBER & CO.
INVESTMENTS
1S28 UMI TITLE IILIH,.. rillU.
Member c Aork stotk Kxthunce
(lilr.mn. Manli 11 -BuvliiB power in little, old crop options ndllni; about
lorn shoned .1 marked falllnc "IT tills 20 i-olnts down from tlie tilKliCBt
morning nnd nficr a stronger s.arl on pnics, on the call nnd new crop ilclUcrles
scattered bu Ing y eommln home"! about 2S points,
induced b strength in hogs, the mar-, The tciclpts at the ports for the ilav
1 kei weaktneil nesting orders it. ten .- imihuiicii ai 1 i.vvu nalc. against ,.,,m,.,j11 t!ii(i
were encountered on the initial rin- anu, iv..wi naiis a week ago, 17,666 bales a' Columbia U & 15
total hears exerted piesme, forcing Ma I jeai ago and 18,860 bales two tears ago ' Consolidated C,as
IU.I STVI.K 1 Continental Can
Vc a T.U:'s .Continental Insur. t,0
e,e epcii 10 .tn 1 1 31 ' I'orn Prod P.cf . IS',
. .- .11" .,,, .4411
and .lult itciotc esieruaj , i,,c- j
LeailliiE liouscs were tilspiistd to ad-,
mw Cduiimi on tho bulng 'Ide, point- vrh
me o'J' that prices hail had n good x,
upturn and leading longs h.-ne bteu sell- Iul
,11c .iiilte freei Moreoter. offerings ;,Xnrl"'r
fiom Argentina had Improved nnd about riecember
inn eon buslicls were reported being of-'nnuarv
fered in this country for March nnd
April shipment at about Jl 30 Itccclpts ;';.
here todav were 135 cars , October
.1.1
:i5
02
il'i
275s
10' 1
!)ll
c0
IS1.
fll'i
111
IP,
nr.
fir,1 1
7i'i
:i4'i
:i:
' -iti't'
kv,
tir,
7y'i
122
oil
S
:t7'(
70'
20
liti'j
77j
IN',
Il'i
in',
27',
10
!0
70' j
22000
203000
7000
265000
1
do 1st 4s
do (s
do 1st 4's
do 2d CiS
3.60 'J3.60
0(.(2 01.(0 94 411
nK nt OS 1 P. 0..V1 8
01.68 !(!52 9(.o(l
01.00 31. SI
95000 do tth 4'iP. i't.no 93.91 94.0"
SOOOMIdvale (s . 864 86, 86",
2000 N Y C . 11 6s !)K 0' ,??'
10000 X 1 Tel gnl'is 00'i 9- i'i
tnnn Pacific fia 5s. 87 8'
BOOOPenna 6s 1968 95 95
3000PlerceOII6s '21 92 92?
inoOSo Tae cv 4r. . S3i 83
21100 do rfd 4"s . . SI'! 81 S
1000 V SSt-n 6s 90 ' 90S
1000 U S Rubber 5s 86 86
6000 CS Steel s fBs 1001, mot,
5000 Undergro'nd R
II of I.on 6s 78 78
30000 I Kot C, B&I
r.",s 1921. 98 J. 9811
I000O tlo 5'-s 1937 100U 1004,
87
95
92
83,
81 ,
99S
86
1004
no.sns
Itlch I no.
J6000 1.eh Val
2500 Lib Bonds I
(til 4'is 91.00 91.00 9100 01
3000 Pcnna Co
temp cts 05 05 95
1 000 Un Rwv
Inv 5s. 68 68 68 ..
MILA. INACTIVE STOCKS
I Following: aro quotations for Inactive
stocks listed In the Thlladeipnla Stock
I KxehatiRo and In which there were no
j transactions today. The price given li
I the last previous sale:
Alliance Ins..
I Amer (las . .
1 Am It js pf .
,, Ann-r Stotes.
-.'M, a o war
78
100i,
r
""" T Brill .1 C, .
Philadelphia Market (Burt& st
ROVISIo3
and
Baldwin I,oco SO
Bldwn Jai pf.101
30
PC 60
ron ( I
Cambria Stl.110
CatawiEsa 1st
nref 4fi
Cen P Itys.109
19?i Hunt & T T. 10
65 lit & B T pf. 19
65 Midvale .. (1
28 Mlnehlll r.2i
7ft xorrlstown .. 1
IR', 1S'i 1',
: 31
10 k.-,
RAILS FROGS & SWITCHES BOLTS
SPLICE BARS SPIKES BRACES, Etc.
Carried in itock in Chester Yard.
Locomotive!, Car, and Railroad Cnnttac-
loti' and Mining Eqaipotnl
HENRY LEUIS & CO.
Commercial Trut Bldg.
LIBERTY BONDS
UOUGHT and SOLU
Anr Drnominatlona
Samuel K: Phillips & Co.
807 uirvrMJT mt.
Slembera I'liiladelitlil.', Motk Kx chance
March opened 'sc higher at M 11. and ?'""'''
ld off 1,C Ma slaried at Jl 35, Janu "
yj 7.-, "i- ii.i
-1 1.1
l''! 1HI 211 VO 11 Ml
JII I'll 11 i 1'0 S.t
( 'III JII .1
.BtV STlt.R
.'1 n-i LM ni
:; 411 -jj 2-
jl n.i imi i-
jo no jo f,
yn On o ft,
p.-.,- . .. h IMihin? ,)
IIAII V,AH l.ll ,11 " j.. ..- - ,
.. ... l...n,nK l.lin. 1
aluc gen-raiiy vere Men m-uiu i '-: (-. Tr i. r ii.
latloni Beef in sets, amoken an't alr-drletl Oil TT?.-. P, J 64
too lef knuckles and tenth" amnketl anil , 1'. Pcnn It U 65
air-dried. 7c. l-urlt, family, IS.'IfM. '' hrio . ...
K I'. 1 urcd, luui oip.-c i ."i'.i -' fun asbo
21 on
.. 2
uo no
;n !",
'.'" 05
:; 7S
2.' .la
11 fco
I'll i
2" M
2? nn
22 'Jl
Jll fiH
;u n."i
jn r.,-i
Xorth Penn . 94
P.i Warehse .17 -i
Penn Nat BU.279
Pcnna Nat Bk
war 77
Penna Salt, t '
Penn Traf.,. 2,;
Phlla, Co . 36
Phlla I".l w w 2
Phlla & IVest B
P II T 28
1 6 t-i Itu.ss (leu... 2
285 Sleu Tr & T 60.
JJIMIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIIITIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIi:
Your back
office safe
is no place to carry your -
securities.
Rent a box in the Corn
Exchange vault.
KEHocnrr.s
Lnana and Invest-
ments 856,320,418.31
Due from Banks 7,812,713. JS
Clearing llouie M-
chanirei .. l,37,(53,6(l
Canh and ne,r,e . (,(17, (S3 8J
Cuitomera' Liability
on Poreli-n Credita
and Acceptances . (,77(,9I1 02
l,0IS,2J(.t
March I. 1119.
IJAniLITTES
Capital 2,000,090 09
Surplua and Net
rroflta (,0:0,o:i.(9
Discount paid not yet
credited S(0,9I.9
r.eeerve for Tans ' y-
paabl 1919 289,099.09
Circulation 190,809 99
Deposit! (7,083,301.31
Forela-n Credita and
Acceptance 4.77(, 911,02
Advances from Fed
eral nerve Bank tT,4l3,370.:
879,013.27(.9
nlKECTORO
JOHN ,T. JtacDOKAt.D
WILSON CATIIBIXWOOD
WM, L. StIPPLBE
TIIOS 3. .TBPFERIBS
jossrn it. PAnviN
W.Af. II. FOlAVBI.l.
WALTER A. BAILBV
UHAS. S. CAI.WELL
FRANK II. MOS3
oeo. w. n noBEnTs
MERHITT N. WILL1TS, Jr.
LOUIS R. PAGE
DAVID C. RRADt.ET
PAUL THOMPSON
WM. II. HARDING
IRA VAUOHAN
ALAN D. WOOD
OFFICERS
CHAS. 8. CAI.WELL
Trealdent
M. N. W1LL1TS,
Vlce-Pre,ldent
Tiios. J. .inrrniEs,
VIce-rresldent
NEWTON W. CORSON,
Cashier.
ALLEN M. MATTHEWS,
Asst. Cashier.
ALDERT N. HOGG, Asst. Cashier.
Crucible Steel ..10. t,7 Of, 1 t.T ,"- ,,331, do! do".moked ,":;' I Krth VhN, B.SlO V ilted C N J.lSij '
Cuba t-Hiia SuKr. LM'i -.'.r,- .':, L'.i', 1 ham., hoilc-l. lnHe..,lc. Picnic ..Cfll AspKalt. 67 Ui. Pas itjs 1R0
fuba Cane Sue pf. 7.V. 75 To 7.". :ulZr?ilto& Otn Anhpt.lM iriiion Tr.10?.. SJi
Deere & Co nf .W, S". Ur'l, 20'4c. - 1 n (' of N A. 384 Wel&bach ... 4H4
to M 16 '2 and later t-old ',c in low : cs-
tenU, s close at SI 35', July opened -" Ilucrs anil Sellers
at $1 "11- to 1 30. aR.ilnst $1 20s,. cs- 'n nrU. March 11 fOid stlel
terdav-8 'last price, and declined to Ma rtussell Sclilll and i tiuinoon.
,. ,,. bid , Cardoza Guild. Coup Mitchell. Mc-
l - ' a .. K.iilrien anil Schtcv offrrcri
Oats alr-o leieded The start was Jul ninsleln '.ecllar Burnett nnd 'ion Motors pf
'tead'er on some buvlniir tiv a luaUIHK Bnrtlett bid. Kleffcr. Lehman. Mitchell, Ocn Motors deb
. onmKIon house, but local Interest', Schlr) .ind MontKomery offered
1 ,,sh houses supplied the demaim ouolier .Alonifronicry. .-cinan Weill
Delnarc & Hud 100'i
, Hem & Itio Or pr ,S
Distillers Secur. . K!
Iionie Mines .... l.'t
Krio . .. 17'7
Krle 1st pf . . . :il 'i
Kishcr Bodv .' o7
tinston W . W . .":',
! Ueneral Chemical 17,"
I (Jeneral ClKar. . . . M
(Icntral Ulectrlc. . IW.
ICitneral Motors. .. 1S,',
Mi
f.l'j
Uoodilch (IlK)Cu. be.
Cir.inby Consol..
70
The arrivals here toda weie sity irs and naclistnan bid Brook-' Lehman and urc.-t Northern pf. 01',
March opened uiich.inKcd at Ol'jc. and Va" llr' offered ,,,..,, (it N cfs for o p. IIS
,,ecd .,c JP.Vio.S-XS0'' 1'"1 Ur.nc.O.. Co,. . .,
h3"v. HRalnst hS'.c ..t the cud c&- January -rilnn and Hooper bid 'lulf Mob . Nor . ,
terdai and declined to 63c Jul started ' Monteomerv offered Uulf States Steel. Li't
in',
17',
yt".
fS
..,
133' 1
l.lS'v
Sti
S3
ri'i
.1
teom
,t 63', c to 63'c. acainst r,S'4c jc tN'c ft lei Ma Mcr.idden Smith
ierda s last price, and sold off to 623,c . Sir and .lav bid. Burnett Abraham
All products opened at ma.iimum calns nusseii Hartiett anu Msei onercu
rlEcKERCa
J
5,
TH CmtSTNCT 8TS.. N.E.ror.
.... m m,.j-,l.. - .. 'J
Huuvci, oi i Diuu-ipaia ana ,iew
I or. stnet Eicsance,.
iiatJIHaifc 4t i
HANKERS C
AND f
DROKERS
In. the I.1 00 I'furrlni' li .!.iitc
' hroi gilt about Mreng'h In priLCs for
llOR"
I.INLSTOCK (JL'OTATIO.NS
rlllcaan, M.ir-h II HOGS L.tlmatrd r..
eiic .11 fllKI heart left liver JIJ1 heail
tipeninc furh airnc nuisth .','ic hlfiher than
,.tcrila a aerace V.at lup 81tl 2A
V -race ce,t irsteritit XISU
VTTI.B Betinilteil reielnla 11 nnn head
MIEEP Bstimateil rec?ipta 11 0011 heart
' U. S. LIBERTY BONDS
$50, $100, $1000
Ol-GHT. hOI.D AND RK( (IM.MLNDUD
rt V , un, ir.ni.iior
tY
Jul Mitchell Ja. llaneniniin. Tmi-
chou Wleclc IHinan. ( arpenter. Grun
thai and (iluirr bid Burnett. McPadden
tone Rountrte MontKumerv . Curdoza,
Newman Baitlett and HopUlns offered
Octtber Kteffer Plum. Allen and
sinck bid . Parrot t P.ountiee and I!a
offered
December Kleffcr and Scllar bid
Bache. Younc rla Deacon. Weld and
Dixon offered
,ia,nuar aioniRomer, rnnn 1 one 1....1 t n
AlnlBro llivm. ml m.., -.. ... ...
I'll!. ID .....w ,.,,. ,',
Haskell &. Barker. 11
Illinois Central. . . til.1.
Inspiration Cop . . -17'
lntcrborouBh con 1 ti'
Interb t. on pf. . . . '-'2'j
lnternat Agrlc. . I.Vi
lnternat Agric pf. tl)
Inter Harv new .US',
Inter Mir Mar . il'i
Inter Jltr Mar pf 1U7
lnternat Nickel :'.'
lnternat I'.iper . -17'j
Inter Pap pf slpd.
15
'J't
7'i
Oil
0'J
1't't
17'j
:u
.'8
153'
157
Mi
S3
U71,
'ni',
it',
1,
li'i
ti'j
I7i
0
there was ' fair huslnee" doint on
bacls tf lie for One granulated
UAIKY 1'ltUUUCTS
: I KHIMIl SIICARS I
X i.
fl."
U'4
17,' j
"A I 1 HUUSr. Supplies were, email and the
', marktt ruleil hrm under a fair demand.
IlJ'aitlilutatlons were New ,ork ami Wiscon
sin, m noie-iiiiis. lurr.iii ...-. -;,"-JH,;--'
U, wnoie-nuia lanny inni. - ",".' .
uncials lilBhir, do, Co, w hoiniiik, fair to
koort, ai(335c .,,,,,,,
I'UULlltl
KeyVel pf
i.en vat Tr,
60 West Coal. . . 7ir
20 wj 1 jt- il
I'F." v r P"- 75 Win Cramp . SR'i
Little Schuyl. is VorI ,lt.tf j,
Key Tel ... 11
155'
157
Mi
SI
Ob't
01.
I-".
4.,
Il'i
till
47',
0
Order Work on 3 Ships Stopped
Moaa Point. Mla., March 11 tDv A
P) The construction of two composite
Ferris tMic .IiIds bv tlm nini,i.. fi.,
l.I B The market ruled I steady Ur inner. , ,ulull) romnanv here .,! -e .. A..
Inea moderate and uenia.io lair viuumuoii.. . ,- tl, ni.rL. iiij .. .T """"
rowI 1I1 cwirti 3utt:i7i, broliimt 1 nicK- S,J ,e , "'erks-Blodirett Company
.nn lincy. sun-mealed, weiithiiiif Ivsrts I"' Ht IascaRoula, was suspended yester
soii-meaiea, nay ny orucr 01 in IJmerReney Fleet
ursir klzra. J7i4iic. siaKy uumi ruu"iets. Corporation, Several hundred men w'ere
Sli3lc! old mnstfia ;W27c. ducks. I'ekln. lnrown out of work, rc
421450. d'i, Indian nuntier 404141c; ueis,,
311c imfeonf em per pair, uc, uu, j.ui,
per pair. 4.ifi0c '
hKlisH UlUITS I
Choice stock met with fair sale and,
alues uemrall were well sustained under'
i.,a .,M-rlt.i rhe nuntatlonti 10II01,
Applte. New Vol k ner bBI Kllie. 7O'l0i -
lialdwlii J50in Northern Sp. taBH .Vi.l
llubliardsion, 7O0Vi, (IreeninB, (7.SOW I
.. r. 1 alJQrlt tm. Aa Tnn. 1.1 "
inU rind Vir7lnl. Per hW 1 "'"KV1 l
Q", ItullO I "! V. ' IliePrtp 4S4,,,i i, tui n
I Corn Exchange National Bank
PHILADELPHIA
Chestnut at Second .
llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllimnilllllllllllllri
59' s 50! j 5'J'i
i Imperial $71111 Homo laut rancv. iiuir
I'l "14 "I'i IS Apples, wea'ern. per uo IJ WHri IJ
iriu. in- iTci ' Lemons, per box. IS as. ( 40 orances.
I(,0 , 1U.i l-'ii V,rd'V pJr crate. lisstTTsn do Callfor-'
- "., U',) , ij i.er bax .17iii70 Grapefruit, per
i ii ji
land Waters bid.
"tfewburgcr, Henderson & beb
1(10 t'HKfcr.M'T STRF.r.T
.Members N. V. and I'hila. Mock Kirhanae,
f.
I'iltshursli. March 11 i ATTI.E Ite
eipta loo heart Sloiv and etead Cabea i
-eieipla 100 heart Steadi M!l
HOOS Itccelpie pio h'art Earned nud '
40e hisher ltea mUert niedlum and I
nea nrlers jri .i'i:'ii iicht ,orkern
11 Sim 10 ,10 rilta J1S75'U'I0 packers
1S -.O'.! If-
SHEBP AVn I.AMRO Hecelpi. nnn heart
Meftrt and ntie Sheip Jll.MI lambs,
I!1 5'
i carman offered
I Kansas Citv So
Kelly SpriHEtd T
1 Kcnnccolt Cop
Hi'.
:u.
L'D'j
:o'j o!
HS'a l!8'i US'
:n :n'4 :ii'
h t".i8l4..ri tranlierrles Jersey, per
buhcl-b.ix. 13 .viwt nn .in .10. per nni .
Slii - straw Dcrriea, uuiiu. hi Hii,
'" VEGETABLES
nanrt was onl;
moderate and the mar-
ivc quote
-
STIiMHIP NOTirES
New York & Philadelphia
Semi-Weekly Freight
Servic.
SAILING'S
From Pier 44, North River, New.
York, knd from Pier 2, North1'
Delaware ave Phila., every
Tuesday and Friday nt 5:00 P. M.
For rates and otner
eorrfvar(o, ajtoTi to
CLYDE LINE
w, n, iivLy
aaerat Atent
Pier"., N Ds.A
Phlladlthla. Pa.
..IV I'. LKVIS
in Jraflio .Mrr.
Pier 30 N Bu.r
en Tork Clt
mom;.le.nui.m; n.vrLb .
I'llll. Mil. I.I'HIA -Cah 6,' percent;
time, 'i'j'bO per cent Commercial pi
per three to six months. bi'cfb'i per
cent , six months. 6 per cent
t
' ket developed lime iiwubi .
sua tLtuivisuiKu !-utr&T; m, . .;. g;.)ff!sff3ffl:
Citipiis lo sk Abolition of All- l-ehlgh alley ... 55". uj' Sj', uj', , tl fmS 10 -hl'e potatoes, western, per
U111ZCI1S to .16K iiiiuiiuoii 01 ii Mxcrs pf .111 10-1 lb. 1 RH0S do. .New lork, per 100
... iilm Kl tliMl nil Boilv i..U'll.. ..m Jll l m in Ira.. lltnS. Sweet potatoes. Jersey, per '
I'" . , I ;-"" ; " v " i,aket No I, JlTsns. r.o y ,
V delegation ripre.clu.if cue and IjOtili. N-j.li IK. ... ... -''."Mltf
educa.l0na, .Wnlt.o. supportn,K the ; Jj f .r1" . 4 .?. -". K..THOI'tte'n0:
lnl to ost-iblisli an clciiMC Boaru -oi Me.well M "a nf. !i;j ' .... .a ner inn. isorrdi. do southern, per
Miiiiiiiiiiii)iiiiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiirTrnrw 4
aV iirc v-ra
mSJi
1 tak , ,;s)sS-'i iSf
' ifSr-j
Kdueatioti ill Ko to Horrltburc today 10 j uvueiii dot ., 11 .. .
.,.. ,i,- , ., Mexican Petrol . . IS. ' IrS'i IS.
a'T'""."""rr t'.1 ;.... ..T"" :.., AlexUan ret pf.
-i-nucai on in I'cu.iu '-. " ,,,.-.-
! fl ,,l I 'nnnei'
'ihlf committee will conduct a iivaims MrtNalc Steel
llk afternoon lo le an opportiinily Mtn & &, i, ;vv.
to thove who faior or oppose the bill to .. S1 ., . s s M
OfTliial dlbcount raffes at the twelve express their Mews ,M0 Kan S. Texas
1 eoer.11 i.eserv- naiihs were as louows: 1 Amonr the riillaueipiuans wno win i;, t t,i n(
tletrne IlanL,' Discount -Rales
The first column KHetwUie rates for cnt r ngl,t for (n? (naclment vfJSZ' ,Mo iJcino .. ..
3 Wn"?. ..'" nSfc? a ", I a -e rrederlch aruenbe repr...nj. j .m ,. 1Llllo pf . .
of sixteen to ninety days The third I '" ,he Bureau of Municipal Ilcsearch . SM Acme
an,t fnnrii, mliimna ,n tin. r,iu in. Mrs Josen l Mumtorn riiilomuslaii Vat Cloal. L: Suit.
rediscounts of collateral loans becured , lub , Bruce M Watsop. secretarv of the
uy (;oernmcnt bondf or notes.) (Public Udiiratlon and Child Labor As-
(om panel. Gov r,n ,nciatlon and Mrs isalnUCl Jarden Let-
inio0Q,(frB mtlorslnB the bill hav? betn rent
to the committee by fa U Henoilel.
president of the Home and Schogl
1 to no
l;id,;a da' a ISdajs da,Si
rRTNEn.inp
Boston 4 4'4 4 (l ,
Ke Tork 1 4, 4 4
Philadelphia I 4 4, 4 4tt
I'leieUiid 4', 44 4",
I nichmond ih 4", 4i, 4,
. Atlanta 41, 4', 4 41.
! rhicato 4 4, 4 4 '4
' Minneapolis 4t, 4,lJS 4 41,
Pt Louis 4 4 4 4",
Kan,,, City 4i n ,i. 41,
San Franelsco.. (I B 4'J 41.
, DalUa .. 4 j 4 '. l3 5 I 4i
I-eague Charles A Stlnson Tranklln N
Brewer Morris V Cool.e Walter P Mil
ler and Walter B. rtoenberirer presi
dent of the Philadelphia Conference ur
Presidents an organization coiiMstiiiK
of the representatives of thirty business
and cp it bodies
MANY IRISH IN CLASS ONE
MiriCK is iu:rtr.!iV mip.v th,t
Jeltlea ie Rlumeiifhal r.fn.it.a . ...
T-perahlp a..ocltlon orisnlzed under lhe pro
Vjons o( the Act of Assembly of June ;
.1.14 and 1t citnnl. nt.nl. hu . ,. .. .
rlty in number and value if Interest ," a TOIILIGN EXCHANGE
ineeima 01 tno as.ociatlon nld on December I , ., . ,, , , '
is, 101R determined that tho said assoua- -" or,k' Mrch 11 In tho early 1 rr';f . O'l parv
tlon be dt.olved trad nr tnilav francs and iuc.li. v. 1 " IlllCseCS Jl " LCdP
HART BLVMENTHAl , ehanttes were easier compared with the
ifcrnarv una Trirurer. '" U".,B . w ,yu,.c" '4 iiu
IDA RMTMKNTHAT.
Financial Briefs
The Tale & Towne M:anufacturlns;l
Cptppany reports for year ended Decern-,
bex 31 net profit, after all charges and
federal taxes, ll,3?,C3, equal to 12S IS
a. share on S4.9SS.Z10 capital stock,'
a rain st net profits of Jl. DSD. 351 or
M021 a share on $4 0(8 00 Hock In,
1317 '
Sales of war sarlncs and thrift stajnp- '
throughout the country for the first five,
day of March were ll,6"",((l, as com-,
tiarerf vrlth S7.&03.871 fop thft corre&nnnd. '
. . ---- --- --- .
Ua7 perioa a 5 ear ago.
ninety-day blllc at 4 Tl", . both nominal.
The e:vchane;e market as a whole was
very dull, with a comparatively small
volume of transactions beint; recorded
Quotation, were
Demand ttellntr 4 75, cables (76,,.
Franc checks 5 (D, cables 5("',
Lire checks 6 34 cables 6 35
Swiss checks' I 85 cables I SI
, Guilder checks (W, cables 41'.
I Pesetas checks 2".7B cables 20 S
Stockholm checks 28. cables 2 20
Chrlstlanla checks 27 cables 27 2n
1 Copenhacen checkr 25 10. cables 26 10
HARBOR STRIKE MAY SPREAD
" 1 Railroads' Men May Go
I a :.. :.v-... v 1,
United States of America First Lib- I b' ,..,-.n ".
ty loan converted (, bonds of 1912.47 1 -New ork. March 11 (By A
Bave Deen anmiura 10 list. 01 .ew orK
Stock Kxchanee.
Hipli Percentage in Army
New York, March 11 The seventh
week of the trial of Jeremiah 0'Lary,
Irish sympathizer, accused of violating
the espionage act was begun yesterday
with the calling: of rnoro character wit
nesses for tho defence One was' Ser
geant Jamei O'Brien, of the 155th Hepl-
i ment formerly the Slxtv. ninth of New'
York, a regiment with Irish traditions;
another was Martin Conbov director of
I the draft for New York another ,'ohij
H Llnehan. a cousin of the defendant,
now In the United Btaten navy
All were questioned as to the attitude
1 of the Irish In this country during; the
war, Conboy saying mat the percentage
nf lrlcli rlacilfleH In Ctnra 1 waa greater
Out thsn for any olher race In the United
1 States, and that he had teen no disposi
tion on the nart of anv man of Irish
" 1
N.it Conil & Cable,
Nat Knam & Stp.
Not Lead
Nat II of M Id pf. 11! .
Nevada Con Cou
New on t & m . :;i .
N Y Air Brake . . ItM .
N Y Central .... 7t'i
N Y Dock. ... CH
N Y N II n. II... 12'i
XiirfoU, i West. .Ilo .
, North American.. 52
I Northern I'acltlc. 1 I
I N'ova Scot S &. C. 50
Ohio Cities das . . lit.'.
I Ohio Cities U rts. y',
1 Ontario Mining . . t ?.'
Iridl Tel! Oklahoma P & It. 'i
I'ECinc iiau iri
Pan-Am Pet & Tr. S'
Pan-Am P & T pM4:il .
Penn R It 45
People's Uas Chic. 51
Pere Marquette. 15
Philadelphia Co.. 16 '
Plerce-Airow . .. 411.
Picrce-Arrow pf 104i-
Pierce Oil 17,'i
Pittsburgh Coal . .'0
Pitts Coal pf J,u'
Pitts & West Va. ."S
Pressed Steel Car. t,0
OS 10a 10S 10
2J '4 21 '.1 21
-It", -!G'4 lt'i IG'4
12'.
II
1'. G'4 G'i G'4
ll's Il'i 11', II.'i
15 '. t4 21'i 21',
5U'i S,1, .Vt4 .VI '4
yi :ii' :nu :t 1 ' .
.2 72'' 71 1 j 72''
lt'l
2W
GS'j
12 4 13', 13'. 13',
IU'j It". It? 1 10".
L - t -.n n " Onion vellow. per
... I'Hiniiri. .".- -. - -
lgi 'lOolb bas, IS.SOSaan
WORLD'S AVIATION
SESSIONS DEFERRED
Conference at Paris Finds
1 Problems Affect Issues Be-;
1 fore Peace Envoys
..". t."4
'!! '." By the Associated Press
'" 70 I r.,i.. March 11 Like the interna
tional wireless conference, which assem-i t
hi.rt here revrral weeks ago. a similar ' fc
. I gathering, which was Intended to aeai 1
o2. 52 52 !,,ii. problems relating to aerial navl- E
I I'l Il'i Wi Bation, has been compelled to postpone
.. ... ... 11.. ..-.1, inaAn..llAl, afl.p liavini- mere.'
oS. ' ly ierfected Us organisation.
;' I Mere suggestions of the extensive
' plans which were to be brought forward
h I for consideration developed the fact
,, ' that most nations might be obliged to
' make wholly unexpected changes In
;, their fundamental laws If they partlcl
" J pated In decisions. This necessitated the I
reference of many problems to home gov-j
ernments, anu 'it is unnersiooo. inai i
will require consideration of many
3S'4
a'4
V
fi
'bbu
15
3S'4
o'i
7
14
'e2'.
15
ut
41
no
4i
I months before thedelegates will be able
-TAie Xtvr York Subtreasun gained
4,671,000 from the banks yesterday.
Kins; a. caei, neb saui Bince r riuay
14, 453,000
.'NEW YORK COFFEE MARKET
&.m-
tA' .r .
Tuir
. tvafittmber
-' October
ptearober
D '
Test Today's
close open
14 05
IS.St
14 r,
il.33
14 0
14, 03
IS DT
14 71
14 31
It-'
Demand in Sunri Ouiet
JftV. York. March 11. Refined sugars
hi, inc. nm . pr rent
M eontuiuea quiet.
St itta. (teJlrered,
hlood to evade military service. O'Brien
with many or tne great transatlantic said that while his regiment was In serv
steamship lines here tied up by the Ice abroad their uniforms became so
strike of longshoremen called eterday fcadly worn that they were offered Eng
In support of the striking harbor work- ,,, outfl(,. 'but that "the men pre
ers. threats were made today by the' ,'IL, A Il .
Marine Workers' Aflillatlon to renew the 1 er,d
rtrlke agalntl the railroad admlnistra-i
tlon, based on alleged violation of some,
terms of th recent settlement.. The In- I
dependent boatowners' again have re-
,-. 1 ... . .. i-i-i- -..., .. , rin
rc r? ":""":. .v ?"'ill::lz",. rh.ma. re.i.ter.d
(0i
117J
I?',
S7
;u;i
b0',
hi
.is.'.
Ii94
20
GOVERNMENT BONDS
Panama coupon 2s, 193
between the railroads and their harbor. r-In.rni coupon ii. 103ft
employes was reached. j Panama realstered Ss. I0.TA
James U Hughes, federal mediator. , ranama coupon 3s, IBM
active In arranging conferences looking nna rejisterert 3,, ii
toward (lnal settlement, departed last SSnl Jl' ISav
night for Washington to confer with pnil pSinl 4!'. lSls .
the Fecretary of Itbor, William n, Wll-I u s rtov coupon 2a. l3ft
son. That the, federal government might' U 8 Oov resUtereii Ss mo
Intervene and. operate prlvajely owned I J-" g Oov coupon u ',.
boats In order'to keep the port open to1 " gJJ; rjjjhuj ifiW
foreign commerce was considered: a potj. ft JJ J; ,fTt?re!i'4a. 12R
plhlllty iyr Dls ef Columbia S-As, f"l
. 'V
Bid
!)7
or
7
ST
ST
00
0
DO
BTH
J4
S
. SO
;n4(i
n(S
97
Ask
l
Of)
93
02
OS
OS
0
OSti
BR
05
2
1?H
AH
102
03' j
13'
33H
10
..
Pullman Co ...ll,.TllJ UiJt 1171
Itwy Steel Spring. ", i7' 7iJ 77'
Ray Consol Cop. . 20 20 0-
Heading H'i... ."..
Reading 1st pf .. ?M
Reading :d nf 38!)
Rep Iron & Steel. bLJi M
Rep lr & Stl pf . . 102 102
Roy Dutch tr rets. 04'i INK
St Louls-S Kran.. 13' IUU
St V Southvv't pf. 33'' 32j
Saxon Motor .'. Wi 10
Seab Air Line. . . S .
Seab Air Line pf 17.
Sears Roeb & C0.17J',
Shattuck-Arlzona, ICJi
Sinclair Oil Ref.., .'i6, 3fi', 3G!j
Sloss-Sheff S fc I. M 53H A3
Klnsa.Sh S & I Df. 88 SS 88
Southern Pacltlc. 102). UioH 102U lli3'4'
U S Steel . ... TO 06.'. 05'j 05'
U S Steel pf ... ,1H-. IU!i 111 111,1,
West Pac pf. .. .'.6
West Utilon Tel . S0J4 SO 89 80
Western Pacific.. 21 21.' 21 2Hi
Westlngh K & M.. 45H 4GU 45H 46'i
White Motors .... MM 55' MH 541(
Willys-Overland.. 27 27H 27J. 27i.
Wilson ft Co 77U 77 77 771.
Woolworth Co.,12'l 126 154IM25 '
Worlhlrtgton 1", , 05Ji, tisj'f (, f,r,tj
to proceed with lhe conference,
, i The air conference was to be merely fcl
"I, EVeneh nnd noaslhlv a Rrltisli affair. I 3
but the appearance! in i-aris oi accreuu
ed delegates of many other nations made
It necessary to hold matters In abey
ance for the time being. The delegates
to the Peace Conference were quick 'to
see that what amounted to a control of
aerial navigation might be. involved In
the decl'lons of Ihe conference.and lost
no time In leinandlng that their nations
be reprerenfed,
SI
102
04
13'f
33'
10
301
6'lfj
88
i
V
, n
Rome, March 11 (By A. P.) The
first Inter'Allled medical aeronautical
congress" opened, here yesterday. Its
object being to promote the study of
medical problems arising from aviation, i
Resolutions dealing 'vvlth physical and
ph)slrloglcal tests, applicable to randl-j
dates for vhots" licenses, the control of1
(lights to high altitudes and the use of
oil gen by aviators were presented, and
the hope was expressed that these res
olutions would be taken Into .account
when an International aerial code Is
drafted. It was decided to form a per
manent committee ,to present the views
of the medical profession in matters
pertaining to aviation, Professor dull,
lain, of the University of Paris, waa
elected president of this body. I
Thai Unltejl Slates Is .represented a
the congress by Dr. V. Q.-Howntree.'of
J'linetjwlls, MUm, v , -f Pffy
ft, -.--, -',,.,
a
INCORPORATED 1803
Hie Philadelphia National Bank
Philadelphia, March 4. 1919.
I
RESOURCES
U. S. Bonds and Certificates of Indebtedness $39,046;200.68
Loans, Discounts and Investments . . ,87,391,631.59
.Accrued Interest Receivable 2 1 3, 1 39.2 1
Customers' Liability Under Letters of Credit and
Acceptances 1 1,730,408.90
Due from Banks . . 21,827,740.97
Exchanges for Clearing House ..... 6,91 2,334.87
Cash and Reserve 13,848,544.51
5180,970,000,73
LIABILITIES
Capital Stock .' .' $3,000,000.00
Surplus and Net Profits 7,920,131.1 1
Unearned Discount . . . - 506,284.21
Reserved forTaxes and Interest .'. 558,052.80
Letters of Credit and Acceptances 1 1,877,523.04
Acceptances of Other Banks Sold 1 ,403,855.80
U. S. Bond Account ,23,703,600.00
Bills Payable with Federal Reserve Banks Secured by "
U. S. Bonds .j. 23,Q00,000.00
( Individual .$68,036,465.42
DepositsBank ;.... 36,277,226.11 '
( U. S. Government ..... ( 4,686,862.24
' 109,000,553.77 '
; $180,970,000.73
LEVI L. RUE, President '
DIRECTORS: '
George Wood Pierre S. duPont Alva C. Dinkey
Alfred C. Harriso. Aa S. Wing Eldridge R. Johnson
t -..: i n... Con,,,.! M v...e.i.;n J Howard Pew
George H. McF.dden WOUni H. Donner 8"
Randal Morgan Wallace D. Simmoni s. P. Hutchinson
Samuel Rea . , Samuel D. Wairiner G. Coleberry Purves
'i, ..- ' V ftiviiia iSaWi JiarJ awlir'ii i " ' 'i -' ' iiV7iiisTitflii'M ' Yt)r -iP ' v ' .- ....
k
H r