fTTj v:inTwrf V Tr. V r. Ty?
-'.
r .-i j s ..f ' V
wi'16-
-... .---.- .... --.. .-. -..-j- . i ., . , ... .. , .. . .t . . .-!- ' u '.. .ii:i' "
JUVJflJSJLiNU- JfUJLJJLlU LilUU&MK-- PHILADELPHIA, SATURDAY MAUUH 20, 1919
A -.WSS-.1'
L.-t:
A -
a,i
WEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK MARKET QUOTATIONS
ALIZING CAUSES LOWER PRICE
a& Tn"vn or 11,1 i.it tiiinrvT.T ttvt ttttbt ArrvnT-
. rjsx DirjibLj yjiyiiMLyjiy in rsihw x jru.
iVem Yorfc Stoclss
-. '
,'- f.
Adaint Kx .
'Adv llumolv
,'ClsMt.vr. I lirinaf rinla A I en Slirmr Smrin I ncs -ii Vlinvf nccinn . ."" Irer
----- j- .---.
tout Market Conditions Remain Unchanged.
Corn Products Makes Wide Gain
62'i
71
J'
21
34 t
92
!
tf.
Higi Points in Today's Financial News
i Steel industrials declined in New York, due to realizing, but
"market conditions were unchanged. Oil stocks demanded most at
tention on the Curb. Corn was heavy, with sentiment bearish. Profit
staking caused declines in cotton market. Foreign exchange held
'around previous level. The New York weekly bank statement showed
.decreases in average and actual loans and reserves. Bank clearings
'throughout the country this week were above corresponding period
hct 1918, but below last week. The Pennsylvania Railroad's February
earnings statement showed a laigc increase in net income, as com
pared with February of last year.
Win Low
33 33
27 27
R!l.
AJax Hubber . 72
Alaska Old M 3J
'iiasKa junenu 2'
A1IH Chalm Co 36
I dn rimf noli
Mm AgrChom 104 3. 104
Am Uet Sugar 75 75'-
im i an ... . n?,
Am P & Fdy Co !0T
! Am Cotton oil 50',
Am Druggists . 13
Am Hide &. . ID
do pref qg
'im ini i orp . iia
Am ire fee
Close
33
2 i
62 U
71 Ts
3'i
2'
Not
Chie.
Va
u
H
leto York Bonds
--
New Yorlt, March 29. There was no change in stock market condi
tions In the half-day with which the week ended, although tho steel
stocks reflected a moderate amount of realizing after the recent upturns
and those iRsues yielded around 1 point from yesterday's highest prices
United States Steel common, which has been bought on the belief
that the showing in the balance sheet contained in the annual report lo
be published on Monday would have an important influence on tho
stock, was under- a little pressure and declined more than 1 point to
9S, with a slight rally in the final trading.
Bethlehem Steel "B" was a strong feature of the steel group in
the first few minutes, but turned weak later, and all tho steel industrials
showed some degree of loss at tho end of the half day
The active speculative interest was dHerted for a time to n number
of specialties, western houses being heavy bikers of Corn Products, with
one firm taking 15,000 shares of that stock and helping put its price
up more than 3 points to the new high record of 59 V
General Motors was again bought by the du Pont interests and
advanced more than 3 points to aboe 170, and there was lgorous buying
oy tno same interests in Industrial Alcohol, which roto more than 2
points to 146.
American Linseed and American Cotton Oil wero also in unusually
large demand, both those stocks adanclng to above 50.
The petroleum stocks were strong also, with Mexican Petroleum
and Texas Company both advancing 2 points and more
Copper stocks as a group showed a reactionary tendency, with the
most actie Issues yielding about 1 point.
A feature of the trading was a sale of Interborough Consolidated pre
ferred at the new low record of 11.
' Bonds were In good demand and an improved tone was hliown in
the Liberty issues
4R1'.
iirei . B3
Am l.lnseed 60 -
do pref . . .no
Am Loco . .66'.
Am Malt . 1',
do prof 51
Am Smelt . 70'
Am Sum Tol lll&4 in4 1 1 1 o4 i;
"in .-neei rury szj, , 82"-, -8
Am Sugar... .128, 125 125 ';
Am Tel & Tel.l03 HUli 103' t
I Am Tobacco. 206 a4 205 lt 205 'i J-2U
I Am Wool C5 544 SI-. -- "j
Am Wr V pr 38 1 38t 384
Am Zinc & t.d 13 . 13' 13'- 4- 'i
Anaconda 6iu 6oa (0
49',
10H
48'i
13 i
1S,
17
70',
46
63
454
89,
66
lc
50
1.9 j
9211
104
75i
60 a
90 4
41; 4
13, IP
971,
70". - -
4G
6.1
50",
90
66
n,
51
09j
4- '4
f-.AA . . IIIrH Iw Close
2i4000Ang-Kr'nch Bs 97 96 !7
BOOOAm For S Bs.. 99 09i 09,
BOOOAm Tel & T Bs 91 91 01
6000 do 6s 103 102 102T.
23000 Bait At Oh 3.s 88?, 88 88
,3000 do 4s ... 7GH 76 761
10000 do cv 4Hs. 74 74 74 9i
lbOOO Bordeaux 6s.. 10U 99U 09U
10000 Can Gov Bs '26 97i 97i 97U
4B000 Chile Gs .... 86 8Bi RT,
lOOOChlle Cop 7S..116U HGVj llOHs
"www ill Hi v IS t)H t)UV till1
owipi7 4. in u a: w r s yo"
6000 Co & Sou 4Hs 7734
4000 Citv Pans Cj. 97
OIL STOCKS DEMAND
MOST CURB INTEREST
Sinclair Gulf Active and .
Higher Many Other Issues i
at New Top Prices
Philadelphia Stocks
Net
, , . High Ix)v Close chge.
Bald Loc
pref ...102 102 1024 1
o Corn Ex
-.r Pnnlt "370 370 370 10
!iS&leo stor 70i 69i 70 iV4
100GenAsph64 64 64 1
Jr.X . ao VTer. 97 97 97 4
"m oup u law 19
i "en nav, u sav
VU.I.. 04 4.
J Leh Val.
54
19
09 U (i
i9Pcnnaim 44U 44 44
B0 Pa Halt M n? J?7 2?' ft
150Phlla Co
cum pf. 3S
307PhllaEleo 2B9
20 do rets f p 28
10 P ft T t o 25
20OTpn Mln. 3 A
HUO I... 71
1417 US Steel 99?J
50 War I &s 8
120 W Cramp 93
'n iTK liy, 714
34 h
25
25
25
7?
T
93
7
is ;
26 ..
25 ..
25 4-
3ft ..
71 .
1
AfnhleAn flee a
Bftldwln Loc-o. 88', 873j 87 1
li 10 unio. 47 !
do pref . . 54
Tlarrett Co 120'
Uctli Steel 68'.
ao H . 69
ki.. nrj
77 'U 77 K s,w Vork, March 29 There was a
9 Vtt 9 I t I COntlntirtrl nvnnnglnn nf nnnrtllnflVA tn.
00000 FTench Jt 5s.l05,,V lOBVir 105A ' . ..... - -.
36000 Intern M 4s. 28 28 "8 ' terest on the Broad Street Curb to new
lOOOLeh Va"l rts 6s" 101 ? iU 10?! 'ESUeS todaJ'' wUh the " stockBl how-
ioOOlHlmrd 7B?f:ill 111 P I f dcmandlnsr most attention again
33000 1.lh Kil 7ii.o no no tan nr.no In the two hours' tradlnc.
B" I 53000 do c 4s , 93!o6 93!g0 9s!60 Sinclair Gulf, which has been stead-
,'" ao is 4s. 94.52 94.48 94.52 fly adanclng for a long period, was
1323000 do 4',iS . . 95.26 9R.11 nn.lB i.-nrio,i 1- 1 ...i. ,.n--i-
ulinnA .. j.i. i!T n- ."' "'.: ' nil 1 hnoaltini !-. o.U, nf UlnMfilt DM HJHit haMi. ..
99 'i 1 'raded on tho stoc' exchange for the hnrti last week. 54.1I0 shares'
agi. . nrBi time in its history. IlOMiq
I rJ""?!UIal Bs ??. ?". S9 MerrlttOllwnstradedln.it 32 to SaVi.'.tnnnr. HIBh Low Clo.e
HR3. - .. . . .. .. .... ,. ywvutiliuit III
-"'in new nign since it soul ex mo biock i (jaH e,-...,, ,,,, ,A,, , ..
511? rights. Island Oil was stnadv. solllne at ! 650 T.ihVkS?,"102'4 102t 102'4
aiii 1... . : . r -. . . " w..uo
o2 "lis ana 8 vs. Cosden sold at 7 ana Glen
84 Itock was traded In at 4,2.
96 The food products stocks wero all In
good demand, with Swift International
15000 Lyons Gs .. 99
16000 Marseilles 6s. 99
3000Mldalo Bs ... 89
4000 Mo Pac gn 4s 58t
7000 V Y C & II 6s 97
17000 Pa 5s '68 . . 94 S
2000 Ph Co cv 6s '22 92
4000Itead'g gen 4s. 84
5000 Sinclair Oil 7s 96 U
2000 So Pac cv 4s. 83
99
99
8")
58 9,
97
34
92
84
96
83
45,375
Net
chge.
do S p c pirf 105
Hltn Itap Trans 22
, Booth Klsh Co 21
I Burns Bros 141
1 Butte f'p & . 7
Butte & Sp ("op 22-1,
Cal Petrol . 26
, 'I" pref 70
1 Cal Packing Co 00 &,
.Canadian P.ic 100
Central Leather 74
1 1'erro do Pasco 36
Chic Gt West 79
.Cilia M & St I' 37'
do pref .. 69
Chi It I & P 1 c 23
do 0 p c picf G34
1 Chile Copper 21',
Chino Con Cop 351,
Cluctt-leabod G3!i
Col Puel & Iron 43
Col Gas & Klec 44 )i
iomp ran ... 44
Cont Can . 77,
Corn Products. . BO'i,
47 47
54 .54
120 120 . . I
roi col.. . If.J
vo -B o B T S',
6',i
105
22 4
21 4
141
i8o8u?hBl!ft fJife S 'SS nn,V0 65, m,a'tlnB T" 2500
20000 U S Buhher 5s 87 87 87 recori and the record was broken also '500
2000 U S Stl Hf 5s.l00 100 100 I b' Llbby, McN'oIl & Llbby, which bold at , ,..
111450
150
600
1st 48 94.10 niln nun l ia
do 4th " " "" T"u
4s .. 93.74 93 in !i in 10
00 1st 4s 94.00 94.00 94!oo
'loS'-is 98.70 98170 0si70
do 2d
do 2d 4a 93.30 9330 93i30
4-.10
4-. 10
G8
10.1
3000 Union Pnc Gs.103 103 103 3054, to 31 International Products was
4r . . 0.1 an ni nn A nn an
do 3d """" "-uu -v
.1-1
211.
141
25000 U K of Gt B&
I 6s '19 99 99
5000 do '.'1 . 98 97
197000 do '3' . 99 98
1000 West Union 5s 93 93
In urgent demand Kelllmr nt 38W.
09 1 Gllletto Safety llazor sold at the new
J7 high of 145. Keystono Tiro was firm
. C
SECURITY PRICES EASE OPERATIONS IN COTTON
tjtam 011117 rrnn i rirui c i adu am i iMiTirn cr ai p looodnrh i
TAUIH lim iur LiLiYLiijo tun vn L,imiiiuu oijuu ot Nonn prof
do nref.
Crucible Steel . G71A
Cuba Cane Sug 23
do pref . 74 u.
Pome Mints 12
Ulstlllers Secur 64
LTic ic
do 1st nref "8
KNlier Body
't.istuii-Wnis
flen Cigar Co
Gen Motors
do deb
21
26
;o
.
159
7.1
.10
7
37',
S
23
65
23
35
63
43
44fi
44
77U
57''
105 105 103
21.
2G
70 -4-
00 1
159
7 1 H, 1 1
36
7
37 .
G8 1.
23 -,-
G5 -
23
35
1.3
13
44
44
77
58
Gotnt sale
X? ' 'with sales at 84.
mem wan ihtko irauing in many min- .
h 73n,uihi comnarerl Ith '" Blul-fti'' tuiuueiu riuiciiijt:, wiiiuu
loooPhKSiii0190 9'90 94-00
. dst 5S.. 93
1000 Reading "
.. Sen 4s. 84
OOOOUn Rwy T
Jnv 6s.. 72
33 93
84 84
71 72
11:1 iii'i.ihmi M.(,tfnlii , this week JOS, 534
IMW last weik 00,ff".t,nu0
.30
1T4
CORN MARKET HEAVY;
SENTIMENT BEARISH
'on Monday sold at 31, was traded in
from GO to 70 cents. Seen Metals was
actlo with sales from 36 lo 37 cents.
Tonopdh sold at 8 to 8. Golden Gate
sold at 3.
INDUSTRIALS
week, J141.5EO. "'. .7j,J70i last
Local Bid and Asked
66
23
74
12
Gl
16
27
U6
Z3 ,
74'
12
-
42
4
1
Increased Offers From Argen
tine Force Prices Down.
Small Lois Change Hands
niii
9
3
4
O
50
Aetna Tplosies .
' Atner-Brltlsh Mfg...
Am Marconi
Amer Writing Pop.
1 Air fteductlon ... .
Canadian Car Co..
Can Car & Kdy pref. 75
Charcoal Iron 6
I Chevrolet Motors ... 190
I Cramp 86
'Curtiss Aeroplane ... 11
Carnen Tool 3
Carbon Steel . . 8G
Utnerson Phonograph 3
Yes. (.lose
Ask (Bale) 1
4-
i- After Disposal of Overnight i iS'olhjng in Talk Around Ring
Buying Orders Stock Mar
ket Turns Quiet
lo Indicate Material
Change in Sentiment
B9
31 31
55 51
171 lbs
90'- 90
07 60
mi. "i.ii..
do Ore huI? 41 '. 41
Greene-Can Cop 44 43
Gulf St Steel. 54 Vt 51
Haskell . Bkr 45 44
III Central 90 91,
Int Agrl pref 07 (.7
Insplr Copper . 48 48
Int-Cons Corp.. 3 3
do pi ef . 1 1 u, 1 1 v,
lilt II.tr c new 124U 123
li H.
4
57 4
lH, -,-
51 - ii
1G9 -2
90 4 1,
GG
13 4 '
41 VI
43 4
54 1
Hendee Mfg
Lake Torp Bont
Lehigh Coal Sales
Lima Loco
Maxim Munitions
1 cit m.n unrr HEvriinn itiu;cast
! I ,(,.!l,.w.".-,.u. InrrL.. 2' .-Illii.ol-I-..rt
... 1" 1 ''"-;j iiiu 111m Sunday warmer .Mlfl-
"1., , 1 "uurl Part inuil lieniniliu un-ttlcil.
Hi 1 h finer U Initinsln Miiillx cloudv to-
28 -- " P.1.1"" ""' un"ln.. (ooler sundav wesl
"linnoHnla Moi"tl rlnuilv tmHirlit cn,l
in,?ii7,,1 tir",b,l,,1' ncw nr rain northniHt Nationn An.iline
floutH tonlLhl and Sunday possibly lie.
rcirnlij uiietllpil, warmer aoutheant to
niRht runler Sunda North PiiBotn
1 "VJ. ""l"1 tnnlidit and f-undv, colder
".Mfh Jlakol.i ralr tunlitht nml Sunday
inoler Nebrnnkn I'art "loudv tiinlnlit
1 nil Hundis. pooler KanHin Moatlv
eourt and suniewhat unm-ttled tonlKht anil
Mliidas inoler lonlsht Mnntanu and Wy
omlnu fralr tonlsht and hundjy.
17
80
r.1
VA
4
4
5'A
GO
35
85
7
210
92
13
5
92
4
25
11
99
07
18
3
11
12.1
26
n I
Stock sales today on the New i ork
JExchang-e totaled 371,000 hlmre.
w York, March 29. The New York
Evening Sun's financial review for to
day follows:
Todays short session of the stock
market promised at the opening to be
a repetition of the strength nnd expan
sion of yesterday's, but after the accu
mulation pf oernlght buying orders had
been disposed of In the first half hour
or so, trading turned quiet and with
one or two exceptions prices eased away
jfrom the top levels.
'United States Steel and Baldwin Lo
comotive were heavy at the outset, the
former finally dropping below 99 It
may be that In tho past two days the
pace of steel wai rather too rapid, its
bulge having been proportionately
greater than the other industrials
Bethlehem was Arm and Crucible and
Itepublic Mere Btrong.
Tho coppers did ery little There
waa pronounced strength in the oil and
motor groups. Corn Products Ileflnlng
was bid up sharply and pushed through
B0 at the close of the first hour, an ad
T&nco of more than three points. The
Mvimi of rnnirirs in Washlncton that
..1.- .1 ... ...! ..,i1.1 Vin 1 .m de.M . " UlU'T
xne umi-iiuoL auim um. uc ......o.. .
COTTON BELT M BATHER CONDITIONS
Tut Mer Mur.
do pref . 112'i 111W lilt,
X. 1..b M.-,h .Th. ,!!.., '""111111. rillltl. lOJt Itl'i 1l,l,
lemDeraturei were recordpil In lh mtlnn I. . ..P.. 8ta
belt thin mornlnp Diomasv llle Niinh
ill anil Knoxllle. 3S, Atlantn, 40, t.
lnlnKton, August 1 .itid Maton. 4. Jack
sonville, awtrnnh .mil Montpnwri .lit
I Charleston. 4s. Tort Umlth. Jlemphla and
I Vltkuburu, 50 ShreMport Oklahoma City,
I Llttlo Itoek and I'.'niacola OJ. Tampa
Abilene. .14, Cnheitnn lit und Oorpua
Lhrlitl, 00 Trost uai rewrted at many
points In the belt with clear weather.
72
Int Nickel ... 27 26 '
I Jewel Tea . . 40 ST.
Kansas Cltv So 19 19
I Kelly-Sprfld .120 110
Kennec Conner 32 s, 32
I Lacka Steel . . 71
Leh Valley . 54
Lee Bub & Tiro 25
L-W Biscuit Co 483
Jinx .Motor
31
'A
GG
21
20
20
8
5
13
12
88
u.
ports of larger purchases In the country I Pnlteil Profit Sharing 1U
and Increased offers from Argentina, "and , V S .Stcnmililp. . 2
the tono of the market was heavy fol- L'nlted Motors . . . 45
lowing Irregularity In the initial "trad-1 V,rI!1 ''I'"1.. " .
ing Wilght-Martln Air. . 4
ai iirst, commission houses were activo STANDAHH Oil
, Chlrnito, March 29 Sentiment in corn
N Y hhliibu ldlng
.Nor Amer Pap Pulp
Otis I01eator . .
Petrlets Motor
Poole ling
Si ripps-Booth
Standard MotorH
Stetl Alios s .
Subtiiiirlno .
St Joseph Lead . .
Todd Shipbuilding
i'iWa1 n".r? l,,MllHh "'' morning on re-1 Triangle Film
1
4-
70 ',4
54
24
47
37
67
31
73
on both sides, but onl small lots changed, Illinois
nanus oooruy alter tho opening there Ohio .
ti wasselllngliyaprefesslon.il Hear, which Pr.irle Plpo
ii. j forced pi ices down There was a dlspo- 1 ('aI ;
j. Sltlon to shift accounts Into the more h " .
.1' (distant mnntlin l,lr.t, ,,1-n D..utn .. .i I u A 1 ..
' -ltHIII(i iVL Illy
discounts under May. Loading conditions ! IXDKl'KXDKNT Oil
. 170
..235
. .262
..2G4
. .675
..345
V - -.. r , n rt. .. 'V ..1WIWI . . . .Ill",
.-. mm, .uarcn -v. upcrations in 1st pref .. 68
cotton were small today, but tho market I 2J Prpf 32
tiir.i .,ii ,..-..., t I May Dept Str 75
, ":r iidiing ueen wean-1 jjex Petrol .. 184 18
er There was nothing in the talk Miami Con Pnnr "31? ?
around the ring to indicate any material ,Mldale Steel 47
change In sentiment 'Mo Kan & Tex 6
The list opened 15 to 24 points lower',.,'10 nre- ln'
on old style and 1 to 10 points off on MIs-ourl Pacific 23
Z ,tfle,mo":lls- , Nat Con & Cnb lk
Scattered selling on the improved wed- Nat Ln & Stpd 52
"vi iu me sun in sent prices 10 a net .vat 11 it of M
loss of about 20 to 28 points after the 2d pf 10 10'..
call N Y Central . 75 75
New contracts ended 3 points higher
to 30 points lower and old contracts
13 points higher to 15 points lower.
r
2S
104
93
Juh
-Mav
Jul
OLD STYLE
Vefcterda'a
close Open HiRh
24.1!5 IMOj 213(1
22 20 :! 05 2." 20
NEW STYLE
24 24 24 05 24 M 24 52
2J i,i) 53 511 a..
20 75 20 70 111 75 20 5 1
20 LU 20 20 20 00
Low
24 00
2-' 20
N Y X H & II.
Norf & "West
North Pic
Okla P &. Itef
Ohio Gas . 30
Ohio Fuel Sup. 4b'.
, ., .Ontario SIKer . 8'j
4 "n 'Owens Bot 48
JJ2U Pac Tel &. Tel 24
1 1 an -Am I'et
Penna P. it .
Peo Gas & f
3
46
6
10
23
51
IGL
52
29
104
02
44V,
48
24 77
i i An
2(1 lis i'lllia lO . J.i 's
20 20 Pitts & Wcbt 17
Pierce Arrow 45
Pierce Oil . 18
Pitts Coal 48 T
rressed stl c 70
' .may have had something to do with this,
j even though the technical position In i
steel prevented reflection in that quarter Cotton Uuers and Sellers
The' rails were quite negleateit and New J ork, March 29 Old-Stile Miv
without change of Importance. , Cone and Russell hid? rsnii,i iff.'i '
Business progressed In good volume In . Julv Russell. F Hartcom nni io-i Uy Stl Spring
the second hour. There was no further bid : Y. C.umoens and Irwin offered RaJ" Con -'0l'
material change in the standard list c- , New Style May McKnany. Rosen- 1padhig
cj i si.i. n. ,.i . i I berg and Mitchell hid w !'.,,..,.. do 2d pief
vein kiiwi, ...iii.il I.UII1II1UCU iu mibi "I " ni . r. . .... ' ' viuniucjii". r... t... p
" though there were numerous strong sPe- Coffered Hubbard" Clear- ft J'utU.
i-iames ouisianaing, inciuuiiiB nsoii Jul.- n'rnnnnr Mitpi.ii , i do nref.
Company, May Department Stores. Butte NVwman BartTett nn, "? nK.,1 "W-' f-aTon'Moio, s
Superior and Brooklyn Rapid Tianslt. i Burnett, W Gumoens Lehman ani
The shipping shares were under on- i Bountreo offered
tdderable pressure Bonds were actle j October- Kiordan, tlgel and Mitchell
Liberty Loan issues new tneir own, foi "m ; nuHseii. itosenDeig,
liberal terms for payment In the forth- I t"CK iinl ''son orrered
3n
40.
0
48
24
80
4P,
48'.
35 U
36
4i
18
48
(i 9
48
37
67
32
75
181
23
46
6
10
23
51
1G
52'-
10
29
104
92
S
39
4 6
0
48
24
S0"
13
!! -
.i.-.T,
.10 '
45
1S
48
Gll..
1
-
-1 i
. Harnett Oil & Gas
A
-uarcn openeu 14c higher nt $1.57 Connnonwealtli lO'fc
May started at $!45t to J145 Cosden S. Co 7
against $145 at tno end jesterdav, ';lk, IJa1Bi" "
and sagged to $144 Julv onened at rc.ae.r"' 911 r
$135 to $134. against $1.34 at the I Vston Oli 79
end yesterday, and later sold at $1 34. , Merritt Oil . ' . .' 30
..nei 11 miriy sieauy siart oats also Midwest Refining
npeamo easier, aunough It was said that , Met Petrol
I the cash jiosltlon was better. Trade I Ohio Fuel . ..
1A .. .... n-t.. T.t. i... t . . ' .imilmi Ttnf
,,- I uo 11K111. Aue leut-iiJis nere touay were ;"i".M"- ---
1 ' st cars
March opened nt G2c to G2c,
against G2c at the end esterday July
started at 01c to Glc, compared with
61c at the cloe yesterday and later
sold at 61c.
The receipts of wheat here today
were 16 cars
Sequoyah
Sinclair .
Island Oil
Glenrock. .
154
3
16
7
it.
46
8
4
85
36
2G
37
4
70
22
40
30
3
8
14
13
91
1
2
45
173
239
2G8
2G8
680
350
hTOCKH
47
7
G
2
21
81
30
135
3,
18
7
i
47
8
. 4
9
Amer Stores
I HiUT & Su3i ,
do pref
r.91. I "rll J u ... ....
tii fi Ilaldwln Loco ...
Eh'ctr.c HtoniBo ..,
.Oencrnl Asphult ..
. do pre!
Kojstona Tel ....
I do pref
L-iks Sup Corp ..
Lehlzh Nav ......
IhlBh Val
Lehigh Val Tr ...
3 do j ret ,
Peiuu H II ... . ;
I'hlla Electric ..
Il'hlla Co . ...
.do r, D c pref.
I do 0 p c pref.
. P It T tr ttfs . .
25 ilteadlnir
1 onopr.h Bel . . ,
aii. jTonop.ih Mln . .
n Union Traction .
UO I ..,
I' 8 Steel . .
Win Crump & Sons
York Ity .
do pref .
Today lestenVy
"11 ask 111a Ask
07 oil 07 TiJ
50 r.2 r.o r.2
3S 37U an
;1L ??.'" 8
OUW 70 7(ii 71
U-1V, 05 ,,4 rt!,
00 07 UO 09
47 SU 47 4s''f
JO", 20 11)1 20
00 oow no o'4
M?, 54t r.4 54i
;- ,f
Jsi' ML1 .'.l!4 '4
2.1'4 M 2-.' 255
-. .nn 3414 nr.
j'5 20 28 20
fl 1, 30 ;il 34 ,
24'J 2.- 24 25
K.l'A 4 S4'4 84 H
W Vl M 3H
SV4 30 rt 3-2.4 ail"
711'i, 71 ;i m 71
OHS 08 tlt 1111
ot ot in o-i
7 Vfx 7 7W
31 nivi 31 31
13
I
N. Y. BANK STATEMENT
43
205
G79
Decrease in Average and Actual Loans.
Resenes Lower
New lork, March 29. TJ10 New York
4 I bank statement this week shows de
j crease in average and actual loans and
resencs. Timo deposits higher In both
I cases.
Ketalls follow
AVEltAOE
48
'g
2
21
32
"3U
'8
4
4.8.n,107,OOJ
:t7,H22.0(K)
tllO. 108,000
UeLreaae
$45.(182.(100
8.4,888,00(1
1,557,000
710,0(10
1,105,000
017,453,000 58,880,000
MINI0 STOCKS
Atlanta 4
York.
- I
Leadlne futures ranged as follows.
Corn (new deliver) Yes'daj's
open Jllffh Low Close close
Mav 1 4.-.U 1 47 1 41b 1.47, 1.45'j
Jul 1 34S 1.S7S 1 3J 1.37 1 ,4'i
ll.ils
Mas . 02'4 OT 018, 3,
ullman Pal C.119 119B 119"
Jul (.1 03'- ou' O.s ill'
l.iinl
Juh 27 23 27 42 27 20 27.02 27 00
Itibs
May 24 77 25 15 i 1 77 25.t.ri 24 0".
Jul 23 SO 24 00 23 72 24 00 23 02
Pork
May 44 fl" 45 30 44 03 45 30
Julj 42 00 42 .'.-. 41.80 42 35
20
84
371.
tl 83
US
90
.st I, S P 12
Seabd Air Line 7 s
Shattuck Ariz 12
.Ms-Shef S & In 54'
78
20
83
37 1,
82
92'.
89 U
8
1.
;8
20
81
37 -82
'12 V.
89
LOWER STEEL PRICES
BRING NO NEW BUYING
10
.-.4
40
7
11
54
40
Big Ledge
Butte New
Con Ariz 1
C F S & Jerome. . .
1 First Xatlonal ... 1
Ooldfield Merger. . . 7
I Golurield Cons ... 18
Ooldfield Florence . 70
Ooldfield Kewanas . 3
Oreen Monster . V
Hecla Mining 4
Howe Sound , 3
Independence Lead . . 1
Jerome Verde ....
Jim Butler 30
Jumbo Extension ... 13
1 McKlnley-Darragh . 45
Magma Copper ... 27
Mother Lode 38
Mines Co of America. 1-32
Neada Hills 3
Nevada Wonder ...
Nlplsslng 9
Ohio Copper
Bay Hercules .... 1
San Toy 7
Tonopah Extension . . 2
l'nlted verae
G
c
'
1
1
12,043,000
10.084.000
5411,488,000
315,000
552. 000
50.080.(100
017.5I1S.1UO ( 10.850,070
..,30U,S1U 40,2d.l,U3U
20
80
coming floatation had scant effect one
Lgr way or the other.
n- The circumstances that today was the
J jrj date of the announcement which Colonel
tJC . House was sunoosed tn mnltn with ra-
-ji 'A spect to peace progress, and tho possi-
wf oiuijr tnat mat announcement mignt be
'in In the nature of something definite con
jJcernlng the slgnlng.of the protocols, was
the undertone of the market as firm as I Balance after tax
December Kancer bid : KelUr ntVerert
Januarj Montgomeiy and F. Hart
coin bid . Young and Banger offered
tijt"was and probably occasioned con- Net operatlne Income 877 374
L)derable short covering and some out I KfinMSKS. U, 4.782
ptuo UUlUK ua WC11.
RAILROAD EARNINGS
l OLOIiADO AND SOUTtlEKN
1010
ieek Man h $220 010
January 1 2 715.338 212.0S0 Texas &. Pac
.suniui.iv a.mi wkstbrn Tetat Co
832.320
847 W7
11 , 's-nnei n c
...ui.iiiou, slno,llIr olI 47
Sou Pacitlc .101 ln0 100
Southern It It . 28 27 27
do pief G7 67 G7
Stand Milling 13G no 13G'
do pref 89 kl 89
Studebaker 64 63 4
do pref 97 17 07'
Sun Steel 38 38 38
Imrea.e' do 1st pref 07 17 97
Jll.ns'S Tenn C & C w 1 12Bs 12 12
Si r . 1 mi n initeu verae .... j
ales iNot Larger J nan 1 hoe' west End con . 1
,r ,. White Caps . .1.1
Made Immediately Preced- verington . 4
BONDS
s (bonds) 101
4
3
3
33
15
48
28
40
i
0
9
ii.
2
9
2
35
1
15
Loans
Nit ilem Uepoi.lt. T3, 005,788, 0011
Net time deposit. 151,0(12,000
" ircuiaiion
Cash In MiUlts
Uenere in mem
ber banks ... .
Kescrvo In state
bunds nnd trust
comnnnleti
I Hesero In Btate
hunks nnd trust
company deposi
tories AdKrei; reserxe . .
Hcsero rejulred .
Surplus
thliecle Included.
JUnlted States deposits deducted, 254,834,000
increase
ACTUAL
Loans J4,St7,4Jii,000 J47.510.000
Net demand de
posits .. . .t3. 034. 275. 000 ll.r.dl flllil
Net time deposits 132.740.000 2.430.1100
la Clrculntlon '17.000 lino 4.000
Cash In aults. . 100,208,000 1,030,000
uesere in me'n-
, ber Lanks . .
' Itlseru In stnto
, banks and trust
mmtmnl..
dteserve In state
banks and trust
company deposi
tors Awjrssato resere
lleservo reiiuired.
burplus
increase.
1 TSpecle included.
(United btates deposits deducted. $227,
' 200,000.
I OUTSIDE BANKS STATB.MBNTS STATU
IIA.IIVO
527.053,000 14,231,000
' (1
18
54
G
'ill
13
til. 001,000
11,122,000
550,730, 11(10
521,431,440
20,307,500
30,000
805.000
15,1107,01111
7(18,020
14,358,0M
3G
1
7
2 A
13
Loans Investm'ts
Gold
Currency bank
notes
Depnfalts Hederal
Reserve Bank of
New York . . -
Deposits ....
Kescrvo on de
posit . .
J'ercenlaKe of Ve
sere . . . .
$377,750,100
8,427.800
Decrease
$1,232,500
20,100
27,177,000 2,207,000
40,448.000
040,020,300
10,172,100
07,715,300
ing Washington Conference
213 211 211'j
750 127 Toh Products 02 01 go
131.871 .Under T.pe Co.144 144 144
ni"1" iPnlon Pacific 128 128 128
" 2S-:?I I Vnl Alloy Steel 4S 423, 43
-D-,12'J l,m v "o .jw.co. -. a '.) .
1 nueu tirub ..110 111
,- v. ' do 2d pref 105
OS in L'nl By Invest. 11
32002 do pref . 26
1 18.1 4111 U S C I P 4s F 10
432 800 Uo pief . 55
17U.UJ3 t'ti i,,.i,i 1 At
'maybe viewed with a fair degree of WEST JERSEY AND SEAsbobk it s iteaUi . 35 K
ion oss i s Rubbei
Net operating Income I 517.431
V Seeming rifts in the Peace Confer. I CHICAGO xn ttms
Li e'nee were taken into account, but tha'rebruary urose 1 82.t tiw
1(18.74(1
Income 14 201
r.rnsfl fl Rll Ai i
Iconjecture as to what waa really tak-1 Balance after taes '227!i2o
fine Dlace over there. This sort ot th lie -vel opernn income 1.1.0114
70.1
(ence were ianen into account, DUl the1 rebruary arose
hi reports from Paris were too confusing Blan- after taxes
tolform a very good basis for more than , T?0 "nTomlis J?oCs.n
105
11
fcrtmn1fitnnA If If ViernniAa 1air thnt I KebniarV KTOfH
sufficient progress has been made to,Two """V,?'' ?" ?,-L . ,73'607 P S Pml & It! 49
83"
Insure a peace settlement in the near ... l '-auu mt western . v steel
- . - . 1 cnniarv irrofl ikii nn onn um, ' ,ini
xuture. iiopes run men tnat sucn may ir0T;;;:'Bf : ' ;,:'"; "r-T'" . v '1CL
be the case. These and the rumored i Net cperatlne Income 73,541
squabbles about balance each other It "A0 montns cross 3,204.flsu 815 mo
lAnnlil annear. ".!""!:-"!.'" "."". '"'.:'!"
99 ',
19
55
143
35
83
49
98",
ur.
105
11
25 1 .
19
4
3
New York, Hatch 29-
Bethlm
Cosden Oil Gs
Cosden & Co Gs
lino i,,. ...1.1 i .1.. 1 1. .. .,,,, itusbian uov u-jb.
Despite all that Cudahy 5s
Kusbian u
a 'mi- ,1,. ri
gent canass of the selling organizations 1 Southern Ballnuy 5s
'th
has been no real resumption in steel buy
ing since the agreement 'on reduced
prices between the steel manufacturers'
committee and the members of the In
dustrial board In Washington ten ddjs
ago.
90
90
101
. 54
. 62
. 99
94
101
93
93
102
50
C3
99
03
of the larger steel companies located In SSdsSlStoll5lni ' I X0 110
Ill's city brings out the fact that theie .
Financial Briefs
03,800,000
18.4
TRUST COMPANIES
Lonns investm'ts. 2,130,555,200
Gold 11,330,100
Currency bank
notes 21 102,000
Deposits Federal
Reserve Bank of
New York . . . 107.560,000
i Deposits 2,020,059.800
Resere on de
posit 282.011,300
Percentage of re
serve 17 7
10,803,200
1.7
30,070.000
50,000
LOCAL STOCK TRADING IS DULL
AND PRICE CHANGES ARE MIXED
Electric Storage Biattery and General Asphalt Decline
Sharply Steel Common Is Active Leader, but
Is Lower U. G. I. Higher
There was only a small turnover of stocks during today's short session
of tho Philadelphia Exchange and price changes were Irregular and generally
lower. Owing to the limited amount of business, however, they wore, with
few exceptions, -unimportant.
Bteel common was the leader from point of activity, and oven that
stock did not do a great deal, while it was lower In lino with quotations on
the big board. On a small sale Baldwin lost 1V4.
Storage Battery was moderately active nnd receded 1 General As
phalt common yielded 1 point. Lehigh Navigation and Cramp each lost
sllgthly. Philadelphia Company cumulative preferred gained while Phila
delphia Electric, York Railways and Tonopah Mining all appeared unchanged.
United Gas Improvement was in demand apd scored a substantial ad
vance on a small turnover. Rapid Transit trust certificates gained a trifle,
Rails did little. Pennsylvania showed no reflection of the good Febru
ary earnings statements published below, and declined a fraction early, while
Lehigh Valley was unchanged.
Bonds wero slow nnd the activity of the fourth Liberty 44s, which '
were up a little, and a wide advance for United Railway Investment Bs
were the outstanding features.
Pennsylvania Railroad's Net Income Gains
Tho rebruary earnings statement of the Pennsylvania Railroad, which
came out today, showed gross returns of $26,048,657, an Increase of $6,930,587
over February, 1918, and there was a net operating Income of $397,604, as
compared with a loss in the same month last year of ?S,76G,303, or a
gain of $4,163,907.
For two months gross totaled $56,526,140, an increase bf $17,760,620,
and there was a net operating deficit of $88,038, compared with a deficit for
the corresponding period of 1918 of $6,957,004.
Officials of railroads operating eastward from Chicago and St. Louis
report traffic as about steady, as compared with recent weeks. The car sit
uation is easier than for somo time.
Business is governed largely by tho activity or inactivity of the leading
Industrials in the territory of the roads. There Is little expansion in any
direction and not much expected in tho Immediate future.
Traffic on southern roads is light, as compared with a year ago, and
business interests aro assuming a waiting attitude, except in tho matter of
meeting immediate requirements.
Philadelphia Markets
GRAIN AND FLOUR
myjl?ATr-.n,''',''t"- 1 ".701 bushels The
rJ2Sict ruled """ "nder llstht oltcrlnes. but
m?iiiws nulet. The followlnB wero the
2,uS!?'lo": far lots In export elector,
SE,.nin',nt standard Inspection, standard
Koru,7No- .' rei winter. $2.30: No. 1.
nortnern Bprlmr. J5 an- Nn 1 imrii winter.
I,-.. No. 1, red winter. Garlicky. 2 37:
-O 1. rerf Mllllltlv t '111. KT.. ..a.1 t.lnla.
ford 1 Vi. " ""'hern sprlnn. $2 30; No. 2,
n?EJ 'J .'."A1; r.. - 30, No. 2. red winter. Bar
ren, sniulty. 12.81; No. a.
sprinr.
3. red
. ..-..,. .. ......,. '-"."""
t'l 'ID. Kf , " "u !1U. 1, HUIIICKJ.
"..-:' ,w .- siuum. j.' 27: No 4. irftrllcKv,
317,000
7,020,100
48,0'J,t-U0
',888;000
4
STATE HANKS AND TRUST COMPANIES
NOT Hlil'UBTIJfU JO ULl.'Altl.XU 11UUHU,
1 Loans, Investm'ts J700.503.OOO
uoiu
Cur'cy bank notes
Denniiltii federal
, . .,., n , , Hesere Hank of
j ne Himuui report ot w iuyH-tJeridna 1 New York
11 "inier, j
IlLKV. ! JIJ Kl
- -.HI NO 4 Mlnlltt. t I t1. M.. A .r.
f.mJii'l'' '-0: No 5. "red J2'J8. No. tj',
5SS SK- " ""i No r' multy. -'.'J3: No. 8.
Kirlleky. smutty, yi t
u .i.7'1(e'i'elp,t" 7"'" bushels. Demand
Jim, .!?w-.Y.nU.,,rl.c?s "ere l"er In smpatliy
rv1 Lh1 VV" Wo quol', Jellow In car lots
11 n-SV iZ.aav- u. ,0 nuallty and location, ut
1 O'S1,' 71) per bushel
,, Lf1'1",11' M.M bushels Demand
was light and prices favored bujers
We ouiite- f ar lots, as to location No 'i
V lPi .7r'U8n'.,ardlllte' 74V407V;
N11 3 v.hlto, 73V4 7Jc, No. 4 white. 72j
PI.OUR Retelrts. 817,470 lbs. In sacks
Jhe mnrket ruled Arm. but trade van nulet.
Uuotatlons: To arrle. per 100 lbs. in H
;..44l.0"Hck" Winter etralBhls western,
?' . ;-5: "J0- 5erby. MlWll.ir.; Kansas
5l1r,-l,l"h,V, 1 1-23 it 11 50: do. short patent,
11 06 12 10. sprlnc short patent, 11.7.'i(6
12 20; do. patent $1150O11.7Si do, Hrst
clear, $11 s.'iif 10 20.
UYK FI.OUK wan firm but nulet. Wo
quote at N 7300 35 per barrel In sarks,
as to quality.
PROVISIONS
Demand wna only moderate, but prices
uere Htcnrtlh- held Quoliitlona lleef. In
sets smoked and alr-drled, 40c. beef,
knuckles and tenders smoked and alr-drled,
47c. pork, famllv. I52B5J, hams S 1".
cured, loose, 82B,31c, do, skinned, loose
14t.t4V4c. do. do smoked, SMCMV-iC, hams
boiled, boneless, 41c: picnic shoulders S. P.
cured, loose. 20e. do. smoked. 27c: bellies la
pickle, loose, JOl, breakfast bacon. 37o;
lard. 30c.
' REFINED SUGARS
Tho market was quiet at 0c for fine cranu
lated
DAIRY PRODUCTS
IiUTTKH was In small supply and prices
advanced 4c under hlffher outside aiHlces
Th& quotations follow ; Solid-packed cream
ery, extras, 00c: scoring fl7Bdr the latter
for Joblilns sales; eitra firsts. 048,fl."ic. firsts.
0103c. keconds, nRfftlOc; sweet creamery,
(holie to fancy, flsjl)70c, do. fair to uood.
0J07c: fancy brands of prints Jobblnu at
7274c: fair to Bood, 0170c.
l'GQS were firm with n good demand and
light offerings Quotations: Free cases,
nearby firsts. $12 30 per crate: current re
ceipts, flj.i.i; western, extra ttrsts. 12 30;
firsts S12.1fi; fancy selected eggs Jobbing
at 4048e per dozen.
CHh.Kbt: The market was quiet and un
"'anired. Following were the quotntlons: New
York onrt Wisconsin, whole-milk, current
make, 33034c: do dn, whole-milk, fancy
helJ, 37 038c. do. do fair to good, 35080c.
POULTRY
I..IV13 Market quiet but steady. Quota
tfons: Fouls, via express, 39 40c: broiling
chickens, fttney. soft-men ted, weighing l'i
li lbt. apiece, COiflTVic; eprlni; chickens.
no(tmeated. larger nlzeB, 3U40c: btflncv
younc roosters. 30031c; old roosters, 2U0
27c; ducks. Pekln, 42045c, do, Indian Hun.
ner. 4((ft41c; geese, 30c, pigeons, old. per
pair 5J.C do, young per pair, 458fi0c.
DRKSSBD was firm, with supplies uelt
cleaned up T.ie follow Ing were the quo
tations: Fowls, Cresh-kllled. dry-picked,
In boxes Weighing 5 lbs and over apiece
t"c; welching 3V4 4V8 lbs , aso: weighing 3
lb--. 3"i3ilc; smaller sizes. -".) (t?3Sc. Fowls,
frenh-ktlled. In bbls.. ancy. Ur-picked
Weighing ft lbs and over apt nee, 37c; weigh
ing 3 WAXM lbs, liHc, Hmnller sizes. 2t0
33c. Old roostem. dry-picked, 27c. TloaBtlng
chickens western. drplcked. In boxes
Weighing 0 lbs, and over nplece, 31 in R7cj
neighing 4 lbs. apiece, 3V; weighing 3 lbs
apiece. 34c weighing 2H H& lbs apiece, 33c;
s tansy. 27 30c. Roast lntr chickens, west
ern. In bbls. Weighing 4 lbs, and over
BUSINESS NOTES
Commercial failures tills week In the
United .States aro 132 against 141 laBt
week, 157 the preceding week and 213
the corresponding week last year. Fall--urea
In "Canada number 19. against IS
ast week, 19 the preceding week and 19
last year.
llie enpper market Is quiet. Inquiries
which made their appearance at the be
ginning of the week have been with
drawn for the most part and business
being transacted Is light. The trade 13
Minowhat disappointed at falling oft in
demand. It was expected the buying
movement which started last Saturday
would.contIriue indefinitely. leading
sellers aro quoting 15 to 15 Vi cents a
pound.
i PBn"Jt!..neII Jr- '' """"I from Ma.
delra, H ill & Co.. who are among the
largest indlidual anthracite and bi
tuminous coal operators in Pennsylvania,
Mr. Belt for fifteen years was treasurer
and a director of this company and a
2Hnlbr ot otner coal companies af
filiated with Madeira. Hill & Co.
Ileeause pf the liljtli Import tariff ai-
trallan dealers are not purchasing large
supplies of leather from the United
States, according to J. II, Anderson, of
Sidney, Australia, who is In this coun
try on his way to London. Mr. Ander
son, whose company exports hides, and
leather, said that while Australians
could not afford to pay the prices asked
for tho regular run of leather they might
be lit the market for fine grades of up
per leather.
The war trude bonrd nnnouncrd jei-
terday that applications for export li
censes will now be considered by the
board for the exportation of tobacco to
Norway, all kinds of fish and beef cas
ngs to Denmark, and syrup and mo
lasses. eXCent innlnRRpn fnp fn..
Holland. Tobacco has been removed
from the rationed list for Sweden and
licenses will be Issued. .
RESERVE BANK REPORT
Local Institution's Weekly Statement
Shows Gain in Bills on Hand
The weekly statement of the Phila
delphia Federal Reserve Bank shows a
"'gift Increase in bills on hand, being
IJIZ'JSS'!94 yesterday ns compared with
J185,1G6,02 on March 21.
The statement shows few changes
from the week before.
Federal llesere notes in actual cir
culation increased from J205.884.510 to
20G,085,716. The ratio of total re
?.er.VM?,to nct deposit and reserve note
liabilities was 41.1 per cent, ns com
pared with 41i7 per cent the week be-
1UI u
of impbrtant Items
Comnarisons
follow:
Total reserves ,
Earning assets? .
Capital
Gov't deposits,, ,
Due to members.
. March 28 March 21
(12S.MU2.B10 tl2S,47,17
2U4,27d,ll4 201,831,302
. 7.387,(150 7,ot!7,10l
. 13,844.777 20,770,1128
. U4.2o8.432 87,831,335
144
35 i
838
49
98 .
Company and subsidiaries, for the jear Total deposits. .
ended December 31, shows net Income, Net deposits
after charges and taxes, of $6,536,254, 1 W'"- ?"rteS?s'V
m.lnlni nfttr nrcforrert iilviiin,ia , 1 ercentaKe oi re
placing of orders in the last week or so, (2,54 a share earned on the 1.004,835 I "increase," "
a careful compilation of the new business shares of common stock outstanding, as
is said authoritatively to show that the ' 'ue w," 0,1 a B1"" "' "'
CJ.101 lTtnli Pnnnpr
5'S". X'tah Sec Cor
.114" 114 114
would appear.
A restricting factor Is the approach
of the Victory Loan campaign, which Is
already In process of being discounted.
The trade journals report enlarged
SfgS buying both at wholesale and retail In
j inn ween closing toaay, ana also excel-
(J, lent crop conditions and proprltlous open-
ins; or the seeding season; more anima-
ifnn tn thA blltMlnp trrnlM nnri nnm. Irv,
ES'pJr ' provement In the. unemployment sltua"
iH tlnn. Th ren.wnknlnsf nt nnmmArtnl
acuviuea ia uroaaenuig- in scope an me
' tlmet although still rather slow.
L There were ten more business failures
thls week than last, but the total, 101,
oompares favorably with 183 In the
!.! same weeK ot last year; .76 in 1917;
E ft-., 341 (n 1916 and 371 In 191B.
J-j,, Bank clearings this week totaled 6,-
tx'Vt ict HKS HE .nilnit 17 (! 1 S i 1 n la. I
. v7.,-..t..., ov. W .,.-w,..v,..v .uwv
,weeic ana a,u, 035,377 m this week
last jear.
1U0.18J
Va-Car Cheni
DIVIDENDS DECLARED
ttUh Anrlcin Tobacco Company, a
uuarim oinaena or u per cent on or
' shares, free at llrltlsh Incomi, tar
dividend of B per cent on preference
L leas the British Ikmim Ini nf n
II. both ptrabl March SI.
cm Alloy nteti corporation, quarter!'
V maim. pr01 Aprii XV to SOCK ot
lAprll 7,.
mfcictn Rkdiitor Declares Extra
, March ti. The American
Commnr has declared an ex-
1 ot per cent on the com-
jMiyawe in Fourth Liberty
K.Aflil wir urtnni ilamna
'Ss& irtSS?
Net operatlne Incomo 82.870 n'n3 do nref
DUI'I-'AI.O AND SUSQUEHANMA ' I Wabash pf A
Whritfirv frrn Slfll 'tQA acq- ....
Two months' uross S37!o97 a-i'n?! West Pac
pin-panrmnii ivr. ivam ...nw... . '
-uub.w.k .... .,,..01 v mitUMA
February erosv
two montns
3x
14i4 144,
58U r,7i
113", 113it
33 J.!
Wells-Fargo lix 59 09
ia. I8i
do pref 54 54
West L'n Tel. . 88 'i 87
TVHE
February cross
Two months' sross
Decrease
Eros? ion i., , nest Lii lei., oa ', s,
nJVross S8. ..0',-ff- ! iSSi
-.ELINO AND LAKE EHIE ' Willys-Overland 30 29 ,
J008.204 HlilKir Wllsnn Cn. . 84Ti S21.
1,887,080 j'Sfl Worth P & M 66'a 05
do pref B . 71V. 71
3U
14t
58
113 'i
59
18,
54
88
46j
53
295,
83
B5.j
71
1
T - ! aggregate is no larger than would hae
Li been given the steel companies In the
1 'prelous two or three weeks had the con-
. . ' burners been willing to contract for their
'i Irequliements.
' Therefore, It ia the opinion In se'lllng
1 c'rtles that the new business which de
veloped following the Washington price
I j- 'agreement only accounted for the orders
'i ' that had been held In abeyance by con
fiATlV TN RANK nr.KARTivf:;
The Chicago Board of Trade and
banks and the Chicago Stock Exchange
will bo closed Tuesday, the municipal Week's Business 14.9 Per Cent Greater
election uay.
1
2,
Than This Week Last Year
The annual meeting of the Philadel
phia niectrlc Company will be held Total bank clearings of all the clear
wVo'chestout'stree"08 "le compan5'' I Ing houses of the United States for the
' week ended today were 16,560,653,445,
against 7, 088, 818, 410 last week and
The 1918 annual report of the Calu-
LIVESTOCK QUOTATIONS
sumers pending the outcome of the price met and Hecla Mining Comnanv nhnw
meeting, and that the reductions ns nn- net protlts of $4. 349, IDC, after reserving
nounced have not yet given any real 1 $600,000 for federal taxes. This Is equiva
stlmulus to steel consumntlon 'ent to $43.49 per share on the 100,000
8tWhnea lheB1,UhntTu?ho0r"ues in the ! ares. compared with net of ,83.67per
l's ! trade have stated that the present prices pany paid 56 per share In dhldends In
1 1 of steel are as low as they can be In , 1918. '
N". S. Mtldrum was today elected
'I.
i-l
Total sales reported r,n Nw vnrv u.nv- , lew of the cost of production. It Is indl-
ticKer, am. 200 shares compared with 831.- eated that the cuts anounced did not I . . ....a'. " ""! . ,"B8 .l?.aa' elected . K Tori
Chlcaso. March 29 HOas E.tim.i. 10 shares jesterilay. this. week. 3.503.200 ,, . , t.. , ., !.. "al.""a" n " premueni ot tne, uexas and Ch caeo
recelots. 8000 head, left overr B9" heid snares; last weeK, b.mij.soo shares ... . .... -- ... -. .... ..-.. j-acln0 iiauway company to succeed l'nlla. .
i . . '
Fully steady, with j-sterdav'a best time'
Averaitn rose yesterday, $111 41,
ijatiw,- usiimatea receipts, looo head
8HEEF Estimated receipts, 20U0 head!
BUTTER, EGCS AND CHEESE
-New York, March 29 BUTTKU-
Higher and strong Receipts, 7687 tubs,
I consumers In this country, and at least William Church Osbo-n as chairman, and Boston.
one consumer wno pianneti 10 juace j. a-. iuui:uBicr an iirebiuem.
orders for his requirements has decided
to wait for further deelopments. The American Railway Kxpress Com-
From the standpoint of the consumer pany reports to the Interstate Commerce
nllt. .....1. I.a nmr. n V,... I
liiifuui.u, .. jiivii -1 ilintn K. Illlh0r K.nrItii- RKfiiKRl.. Avf.n fll'.
celpts. 1300 head Market actUe. Heavies ,-. ii . TLV i-,Trr s ' , Var i it argued that if the present wage VJ",mi ..u ""vemuer operminB revenue
and heavy wjrkers Uo 15&20 23: lljcht ork-' Inside ; flists, 630li5c; seconds, 50 . , ,. , ,)ernilt 0f any fur $11,114,133, net operating loss 11.741,088,
rti.l,5p?"i?5r.0,Va-.Vi7S'18-. . 51,'o: Imitation creamery, 4950c; . fl" ,,w'g ,wi SlJ bin r operating deficit after taxes $1,874,538
BUKh-P AND LAS1113 Rece pts, 000,Btnt dnlrv r."ff?E4. '"""" tiler reduction, tnere tliouiu ne a re- - months oneratinir rn-entie .
K, tftVUo """ t0D ,hrep- ,i5i t0' nGGS-Steady to firm-Uecelpts "5- "-.tra.nt .of pay for the men. How. ; ft ' Cwffi'olwSw'l'inS
' CAf.VK8neBn. 73 head. Market I 441 cases Extras 444c Inside -trn ' 6"r- 8Uch ?eV ,TVW. lead t0 lT operating deficit after taxeMT.131,291.
steady. Top. 117.00. ,..!?? ttt. '.'?. "A". f,. ' dlftlcu t es, wh ch all stee.1 men are doing
. firsts 44c, inside; firsts 43fJ!43Wc; .v,i tmnf tn nvdld and which thn
Kaat Buffalo. N. v.. March i-a f ATTLK I seconds 41 43c; dirties, No. 1, 4042c t&nK&tottotail ' Sfflieti?.vthStait?S".t r?" NeW
llecelpts. 1050 head. Slow, steady to I No. 2, 383p40c! checks, No. 1, 39 , it." than In anv other line of busl. 0rlcan? i?U".',tYi nd L'h T Company
n,iinCaI)e-Rece,pt, 25u 'd- Slrone" 39,4c No. 2, 3738c; state and nearby "er th " Y 5.e,!,.eI?-1 5- X&$a.S.'Z.J'l!u'a.h
ii-bd will un ifu.u muiiunj, .tiiiuii in viLiiin
.
Kan
Bt.I-ouis
S Fran.
I'ltts. .
Detroit.
Ualt'e.
N, Orl's
00,5113.000 J10.2riS.H00' apiece. 85o; weighing 3V4 lbs apiece, 34c;
N.'JUti.OIIU 151,11(10 wolBnlne 24 WS lbs, apiece, ,1.'38c: staKgy,
17.040.000 1.030.400 i 25V2IIC Kquabs. per dozen White. welBn-
1 ' ' Ing It to 12 lbs. per dozen. III.2SW10: white.
weluhlnB n to li) ins. per dozen, 8 25C0,
rid.471.30n 8,707,000 I white, weighing- 8 lbs ner dozen, 17.50, do,
817,870,700 12,11110,11110 I do. 7 lbs, per dozen, JO, do, do. flOOW lbs.
712,241,500 Ul, 11110,300 Per dozen, $4: dark. $2.50; small nnd No 2.
124,882,000 3,700,000 -102.no. culneas. young per pair. J1.50W,
2. old. ner pair. $101.50. I
FRESH FRUITS
Demand was only moderate, but values
generally were steadily held. Quotations: Ap
pies. N. Y. pr bbl. Dnldwln. 7S0 50;
Ureenlng. $8 10. Russets, $707.50 Apples.
Pennsylvania and Virginia, per bbl, lien
Davis. 78: Oano. 17.50W 9: Wtnesap. $8 50
4P11.50: Homo Ileauty. .inoy 10iP12, An
pleB, western, per box, 34,75. Iemons,
per box, $3?('4.50. Oranges. Florida, per
crate. $2.50iu'0 80. Oranges. California, pet
box. $2.5000 20. Grapefruit, per box, J2.25
05 70. Strawberries, Florida per quart,
40075c
VEGETABLES
The market was generally firm on choice
stock, but trade was quiet. nTIib follow
ing: were the quotations. whits pota.
toes. Jersey, per -bushel basket No 1,
01073c: No. 2. 500000 Whlto potatoes,
Maine. pr 100 lbs., 22.25. White pota
toes. PcnnElvanla, No 1, per 100 lbs,
11.7102.30, White potatoes, western, per
100 Iba . $1.73. White potatoes New York,
per 100 lbs., $1.7502.10. Whlto potatoes.
Delaware and Maryland. Hoosler. per 100
lbs.. $1.4001 GO. sweet potatoes, Jersey,
per basket No. 1. $202 10: No. 8. $1,300
1.75. Sweet potatoes, Kastern Shore, per
bbl.. No. 1. $3.5007. Sweet potatoes. Debt
ware and Maryland, per bushel hamper-
No. -. s-.ou'ij iio. . i.. munagc, uanish
seed, per ton, $35000. Cabbage, southern,
per hamper, $2.5008 23 Onions, yellow.
IP. Lia
$5,714,096,377 this week last year. The
Increase as compaied with the corre
sponding week last year Is 14.9 per
cent. Qood Friday, a holiday, was In
the week last year. Philadelphia's gain
oer this week last year Is 4G.7 per cent.
Details follow:
1019 1018 P.C.
Yorlt$2,827.182.701 $2,083,870,582 3.8
tll,UUV,IUl
822.033,820
280.024,701
151384,070
117,402,804
90,813,330
110,620,680
08,014,740
33.230,075
17,317,4(12
432,000.393 4.0
210,470,347 40.7
221,118.733 7.p
134,275,044 12 U
120,023,201 9 4
70,174.200 4- 18.4
80,184.831 120.4
43,408,750 36.7
80.481,234 74.0
48.60t.460 4- 8.4
per 100-lb
ag, $208 !
HOGS Rtee pts. 1 2600 head. Kt.i.
Heavy mixed and yorkera, 820 25 a few
$20 33: light jorker. $18.50018,7.1; pigs.
$18 30: roughs. $17017.60: stats. i2014
SHKE1" AND LA11US Receipts, 8200
head. iJtrobs shade lower, Lambs. $130
20.23; others unchanged.
BAn SILVER
Commercial bar silver was quoted In
New York today at 11.01 H an ounce,
unchanged; In lndon at 4Wd, on ',4d.
Eleven cities
6 days.$4, 430,003,086 $4,067,215,035 9.1
Other cities
3 days. 920,148,807 788,463,278 10,7
hennery white. 37Jr38c; gathered whites,
aoi36c; facinc uoast wnites, 4748c;
western and southern gathered whites,
43046c; state hennery browns, 42046c;
mixed colored, 47c, Inside.
CHEESE Irregular Receipts 3006
boxes. State, whole milk, colored,
specials, 32ic, Inside; flat, whites, 33,
33c; flat, colored, average run,
JSHo, Inside; flat, whites, average run,
3333Uc: twins, specials. 3Ci (y?37HC
NEW YORK COFFEE MARKET
New York,. March 29. The coffee'
market opened quiet at irregular prices
today, quotations on the call being 3
points higher to 1 point lower,
. Yest.
Open Illgh low Close close
July ......... .11.40 14.45 14.45 14.52 14.37
Beptemoer "t" "'J" SI'JV SS'SZ 7';
(intiu iv.cff in pj j...".. """
IB.nu iit in t .'" P'
the nlnetyday period before technical
default occurs.
Dcemhir
T.l!c l ..
wi I. lf " t.
Millville Traction Co Increases Fares
Trenton, March 29. The Millville
Traction Company will be allowed by
the Public Utility Commission to In
crease Its fare from five to seven cents
In each of Its two zones, and will be
permitted to withdraw all commutation
tickets except thote for school children,
ii
Tl, all cities
5 days.$.5,S30,163.4Ba $4,835,079,283 10.3
All cities
1 day.. 1.210.489.063 858,417.144 41,0
Tl. all cities
for wMO.600,658.445 $5,714.000 877 14.9
Prohibit Importation of Ruble Notes
London, March 29. A proclamation
has been Issued prohibiting, except under
license Issued by the treasury, the Im
portation Into the United Kingdom of
hII ruble notes other than those Issued
by the financial department of the pro
visional Kovernment of north Russia, at
Archangel . .
Victory Loan Payments Most Liberal
WaHhlnaton. March 29.- Terms of
payment In new Victor Liberty Loan
announcea uy secretary uiuss, are tne
mint liberal ever offered by the Kovern
ment. extending over a period of elx
montns, rrom may iu to .November 11.
An Initial 10 per cent of subscriptions
will be due with annllcatlon on or before
May 10, another 10 per cent on or be
fore July 15, and four subsequent In
stallments of 20 per cent each on or
before AugUBt 12, September 9, October
7 nnu rsovemoer it. Accruea interest on
deterred Installments will be due with
the last payment. Payment In full can
be made May 20, f desired.
No Change in Refined Sugars
New York, March 29, Refined sugars
are unchanged at 9c, less 3 per cent
for casn. M,ne nemano is lair, tiawi
.e unchanged at l,3fc, delivered,
Money-lending rates
Pliir.AnKi.rniA Call, E per cent;
tjme 66 per cent. Commercial pa
per, three to six months, 6UOS)4 per
cent; six months, 6 per cent.
LONDON Money is quoted "at 314
per cent. Discount rates, short bills and
three month bills, 3 per cent.
FOREIGN EXCHANGE
New York. March 29 Ktorllnt- wn
offered and sold at the previous low of
t uo, mm rrencn exenange ruled at
icurid U francs to the dollar.
vjuoiauonB were:
Demand sterling 4.58, cables 4.68.
Hlxty-dnY bills 4.56. nlnplv.ilnv hill.
4.66.
Franc checks 6.02, cables 5.99.
Guilder checks 40Vi. cables 40t
Lire checks 7.66, cables 7.65. ,
Swiss checks 5 02, cables 4.98.
Stockholm checks 26.76, cables 27.00.
Chrlstiania checks 25.76, cables 26.00.
Copenhagen checks 25.45, cables 25.50.
Pesetas checks 20.15, cables 2,0.25,
BANK CLEARINGS
iy. compared with eor
u rnrii;
Bank clearings today, con
responding day last two .ea
1 10 mis iniT
Fhlla... 560. 143,307 $70,335,544 $30,6118.874
lloston... 45.1154,430 44.430,12.1 .18,834.606
New Yk. 0O7.01B.448 400.30.1.884 60O.OS5 188
FINANCIAL
Dividends
ofi'icis or this umtkd gas imi'kovu-
N, W. Cor. Hro'ad nnd' rch stmts.
Philadelphia, March 12. UU.
The Directors have this .day declared a
Quarterly dividend of 8 per rent ($1 per
hire.) payable April 15. 1B19. to stockhold
ers of record at the close of business Marc,
tl. J818, Checks will be malted.
I. W MORRIS. Treasurer.
BTKAMSIHP N0T1CE3
Japanese Steamer
"ALTAI MARU"
From-
Philadelphia ,
FOB
Kobe and Yokohama
Balling about April lttli
Tor Freight Space and Hate
apply to
Gaiiey, Davis & Co., Ageut
C.-3- BOUnSB BUZLDQCQ .
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