j 'Vy p, . EVENING PUBLIC1 LEDGfER-PHILADELPHlA, TUESDAY APBIL 8, 1919 . 1 1 z 1 i? . . '",' 'm . $liat Do You Buy "ma an Investor ? Do you sacrifice safety for ffl income, or income for marketability? The aver age man does one or the other. Wrjte for our Investors' Letter E-30, which de scribes several securities the purchase of which means sacrificing neither conservatism, nor oppor tunity to sell in case cash is required for an emergency. Chandler i Company Fisnklin Bank Buildhj Philadelphia Kcw York Boiton FINANCIAL NEWS CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS '41 WALL STREET THINKS .PEACE NEAR AND STOCKS ARESTRONG New York Market Active Throughout Day, and Many Issues Score )Vide Gains American International Prominent High Points in Today's Financial Neivs Stocks were in vigorous demand on New York exchnnge, duo to n favorable view of news from Peace Conference. Marine issues attracted most interest. Curb trading wns nctivc, but without special feature. Heavy purchasing by commission houses advanced corn prices. Cotton was strong and steady after heaviness early in the day. Neutral ex change was firm and sterling and francs were stronger. A shipment of $500,000 in gold was shipped from New York Subtrcasury to South America. Bar silver advanced a trifle in London. NEW YORK STOCK SALES Utah Ijovt Close Adams Kx , . . . Ailv Hmnrly. .. ilo prof Ajax llubber. . Alaska CM .M . Alaska Juneau. Allls-Chalni... do pref as (1(1 7S :t :ia 70 chite. Not - t en . . 77j U6 M ""Vl :uilVf. do Vt m Why Not Today? Hundreds of careful Business Men, perfectly capable o f managing their business, have made absolutely no pro vision for the continu ance of their affairs in the event of Death HAVE YOU ? Why Not Today? I Have your Lawyer draw your Will, naming the Continental - Equitable Title & Trust Co. Exec utor. We will carry out your wishes to the letter. Continental-Equitable Title Trust Company 12th Street Above Chestnut Philadelphia Surplus $1,000,000 Capital $1,000,000 New York, April S. There wns distinct appreciation In scciiritj Milncs in the stock market today. with gaini nil through the list ranging from 1 to more thnn 11 points. Of course, the greatest ndvnnccs were in dose! lielil specialties, with ltiirns IJrothers moving up 11 points mid more In nboe 150, but outside of such gains the market moved up vigorously in direct response to the better news from l'nris, which made more distinct promises of an cnrlv agreement of the pence treaty ami n return ofPresident Wilson to this country. t " Ilecnuse of this the market could only be characterized ns a pence market, with peace stocks nil in greatest demand. American International stood out most prominently in this croup, moving up 7 points to above 5(1, making n new high record, and ojher stocks In the marine group, In cluding Marino preferred nnd Atlantic, (itilf nud West Indies, made sub stantial gains. The demand for stocks surged finm group to group, with I'nlted Stntes Steel common neglected for n time, but nfter that leader wns hammered down to OSU, it had a brisk ad wince to HO-1!. liethlehem Steel "I!" was in persistent demand, moving up ncnrly ' points to nbmc ".", and Itcpublic Iron nnd Steel, Tressed Steel Car, Hull waj Steel Spring nnd Sloss-Sheffield made gains ranging around 1! points. There was n bullish demonstration again in Southern Pacific, which lose to lOOs, but reacted from thnt price in the later trading. The rubber stocks and the sugar issues were prominent at intervals, with hujing coming into those issues on a large scale. OH stocks were uctiic and stiong nlso, with Mexican Petroleum, Texas Coinp.iiij and the Km ale Dutch shines established at materially higher prices. 00 V. Am Agr Chein.lO!) 1()8, 10S1 Io proT, 100 100 100 .. Am licet Sugar 70VI 78', 78Vi Vs Am Can 51 50 51' do pref 1004 100V4 100', Am Car & Kdy 0.1 02 00 Vs Am Cot ((II .. 411 48 ' -"H Am Drug ... 1,'l VVt 13 Vt Am II & Ii . 1 22 122 "A uo prci ''- Vl lvu'fy lm'i I vt Am lilt Am Ice See do pref . , Am Linseed Am Loco . Am Malt ., do pref . . Am Smelt , Corp. 01V. 0.1 now 1 51 l 74 A Smcltg pref.. 105 85 151. CW 48 01! 1 51 71 Tor, on 4- .-i'. 45 mu r;'s 40 m v r.i-4- M 71 ior, 14 Am Sum Tob..ll."?94 Hl'?i M'A -HV Am Steel Cilry. 81 80K. 81'... Am Sugar Willi LfOVi 13014 -"U Am Tel & Tel.lO.T. 10."'4 iaiU, U, Am Tobacco... 20S 20(1 20S -Vj Am Wool 58 "i7V. ."S ., do pref 1)04 OOOi tMCVi . . Am Mit ! pief 41 4oy, Am .me & Lil Klli Am .me . L n 441.4 Anaconda .... nil Asso Drj goods. .'!1 Atchison !(.",''. do pref S7 HlKh low Clone Savage Arms, Senb A L pref. 01 'i' OP, 17't 17U 011,-17U- chce. - Sloss-Shcff pf. 88 88 8S 1 Shnttuck Ariit. W Hi W Sloss'Shff H&I -i4 KVj f.l 2 Sinclair Oil . . . 40 4." 4r. South Pacific. lOOf, in.- 10.- S Porto It Sug.'l47 147 147 2 do pref ....11(1 Southern It R. 28 07 o.-.y, ::s'ii iVJ 40 w 3:114 110 110 3 28 ,28 08-14 084- -r. 38 T2 40 . . 14 32li V, 2101 IH Vl 3S 51 s 30 32 210 VI 44 V. (12 27 2 8(1 1. PEACE IDEA CHEERS :TI TRADE FEATURELESS 1ERSINILLST tl G & W 1.124 li2l(. ilo nref 117 ii Ilnldwin Loco.. 1)014 Italto & Ohio. 481,4 Ilarrett Co ...134 W.l llntnuflnu M:.. 1 M' . nr (i ","" "" ' J "n iiietiileliem Steel 72 I do II 7;si iTlrkljn Itup Tr 22 lo tr ctf.s... Lin4 Ilooth Pish Co. 20 41 Ilii314 4414 (, 02 301,4314 l2 Mil Broad Movement Forward Industrial List Fairly Con sistent Business Lively of, Price Changes Confined to . ' Moderate Amounts Swift j International Improves Hi Storlt sales today 011 the New York Erliaiigp totaled 1.272,000 shares. ,r FX Ss iv Race USSS Spruce 33 Canadian Municipal Bonds Bought Sold Quoted FINCKE. BANGERT . & CO. FrnnMIn BOSTON Ilnnk Hide l'lillmlrlnhln NLW YORK bpruc 158 Race 38J Market JTevfcto of Standard Oil Company's securities, aFioio nj lien ' and statistics Prut on 1 count PAINE, WEBBER & CO. !: tAJtD TITLE BLDC. PHILA. Boston New York Chicago LIBERTY BONDS BOUGHT and SOLD k Any Dcnomlnntlcna Samuel K. Phillips & Co. 807 CIIKSTNUT ST. Wembrrn I-hllnfielelilu htoik Ethan U. S. LIBERTY BONDS $50, $100, $1000 BOCCHT. SOU) AND RFfllUMENDED FOR INVESTMENT Newburger, Henderson & Loeb 141U CIIKSTM'T STHEET IrtnhrrH N. V. anil I'lilla. Mock Exchanw F1XANCIAI. New Yorli. April S. TIip Now York ' Kvciiinj; Sun's linimeiiil review this nft- ernoon is as follows : 1 The imagination of Wall street was 'nsain raptiwitei today by the idea oC ' peaee by Knster. It as true that there were two opinions about the reason for summoning the presidential ship to iRrest. whither she sails on Friday next, one beinc that the President felt as sured peaee preliminaries would be eom 'pleted in the time ytnteri by Mr. Klnyd eorfio and M. Piehon, and the other that differences were irreconcilable , within the "big four" council, and Mr. Wilson wAntcd to be prepared to with draw. I The first opinion was a hope which played a conspicuous part in advancing prices to J points or so. anil acajn rollinK up transactions above the million-share figure. Needless to sin. the I second opinion found but few to share j it. ami at best represented a rather remote fear of the more pessimistic ele 'mcnt. The street was determined to be cheerful, and the more it saw the pub lic entering into tho market the mure New Yorli, April S. Trading on the Ilroad -Street Curb was fairly nctivc, but without special feature and changes in prices were generally coufmed to moderate amounts. Kelly-Springfield Tire, after its vio Icut upturn esterday, was quiet, sell ing ut iVi to 94. rainous I'laycrs, which nioed up in the Into trading jestcrday to 70. reacted to (14 and then rallied to OS. fiillette Safety Itazor sold at 148 to 140. - INDUSTRIALS 7 SI) 4,SK 70 704 21 r, mi. - !-'! (I7ss4- b'.)i i8 481,.,.. i:i:i 'j'is 1 21K -Is Ill's. Vt do pref .... Stiidebakcr . . . Stroniberg Curb Stutz Motors. . Sup Steel Tenn C & Ch. Texas & I'ac. Texas Co ....21S Tobacco Prod. !(1 t 1)071 0 Vt do pref 1001. 1001j 1001j.-. Trnnsue- Wins . W 4:t 4:1' Union Paclllc..i::0iA 1.'!0 1:10 do pref 7H 7.". 7.T .. I'ttl Alloy Steel 4.T1', 4:i. 4:i VU Cig Stnres.1.t(l"', l.'M'i 1."7i 10 United Drug.. .117 117 117 4-1-J4 do 2d pref... 11." 115 11." j-3 United Kruit...l7.TT, 17!P', 17:t7i Vt Utd Uy Inv pf '2r, 2.-, 2o7i . . U S C Ir P &K 227i 221, 22 4. do pref r.S t"S rS -f-l U S I ml Alco.lfiiy. 14!)i, 1.-41.4.-, U K Iml Al pf.107 1007', 107 1 U S Itcalty :i70i !MI-7i ' 1 U S Hubbcr... 80 SITs SSTA-f-li.C, do 1st pref. .111 11174 111T4.. I S Sin & lief r,0l. .lOTf, 40 74 . I S Steel K) 1)S';4 do pref 110:14 11(1 Utah Copper.. . 7074 7(1 Utah See Corp. 171,2' 17 Va Car Cliein. (iniT .'!) do pref 112 " 112 - United Food Pr .0774 00 Vn Iron C & C fill 50 43nbash S--'4 S7i do pref A. . . :V,y2 ?,'.l Wells Fargo Kx 00 " 00 West Maryland 10'. 10V. West Pae .... 18 " 18 do pref .... fKI r.;i West Union Tel 807 Hums llros. . . . ir,!itv, 150 1 r.S . 1 .'! i2 i Westiughouse il 47 VI 241. 0071 201,4 0074 (121,4 .",!)!. 127 CSV, S Anninil Elections .THE MEMIJKUS OI" THE 1'IIII.A- l1nhln rnntrlltntlni.hln fnr tllfl Innuranre of Hotihes from Ixs by Fire are notified that a Benn-al mcellne of the con tributors will b heM a the offlc" 212 south WtnWh atrit. nn fnn.ln. thr 14th uar nf Anril. at 2 o'clock In the afternoon to dividual issues and specialties ere f! hnnBA A rntnr. ..nd u 1 TPH HlirCr. In nc- . t"l'HIM Hli, ,1 t.rn'Rn,., with h fhart.r J, VOMERS SJI1TH March 28. 1019. In Secretary. rRorosAi.s ?. m caix roii urns i"ou STBKKT lMrROVKMKNTM. Ktc. on THE ntltTESTKR HOrsiNO PROJECT. NOUKG VIMOC CKVTKR TOWNSHIP. NEW .!I:rKY. for -TNITKlSTATKS SIUPPIVO nOARD. RMKRUENCY TLKET CORPORATION Sealed proposal will be rCPlvwl nt the of- Pee of WilHnm II Ilonrdmnn. Project En Blnrrr, 4:10 Walnut t . Phflad1pbla. Pa., until 12 noon- Anrll 10. 1019. for tho con struction of Street Piuements Curb (3ut 1fW, Strrm Water InletH, Street Walks. House Walks and unrk Incidental thereto. on the Gloucester Housing Project. Nore VltUce, Center Township New Jersey, for Urlted States Shlpplns Hoard. Emersency Fleet Corporation, acrordlnc to drawings and specifications on file with the project engineer, and at that time and place the proposals will be publicly opened and read. On. and afer March 28 Plans, specifica tion, blank form and all necpssary In formation may bo obtained from th project && encineer. -iu vainui st., I'nuaaeipma, ana t n' vIns max aiso oe seen ai me neia en " . crneer! offlr on the nrolert. wr&t ? 'iThe approximate; cent of the work to be ft?-?'. ,.A0Tie Is S14nu00.m). K;ich bid rnut be ic l ycompshled by a certified check drawn upon Mil lliilMJMMi uuiin ui trunk iuiiiu(ij ill viij amount or twemynve nunaiea aouars . f(S2ion). payable to the United States Ship- " pinr lioara, Kmersency ineet corporation. efe "jft " Only experienced and responsible bidders iti Tyl'i " vunniuci ru in anniviniH ilia vmii uui. flf - ni biaaers may te renuireo to supmit evi- tT UriiVf v ti'viiiii'' ' iniaokini nunwj oui1 .nolent in warrant ineir unaertaKintr the 'work and carrying It on to successful com b pletton. The owner does not obligate Itself t $ t accept the lowest or any bid. h JSxtenslo'n tl.r pi.) 'liiifvamttra r.JBta h. WBfTRn.1 i . , r 'fHBlJDlvlde i- mm llu" fA mmui n.e. rKsnuitti j.1 (rf K IJ.. W LOCAL MINING STOCKS TONOPAH STOCKS 31 75 ...... .42 US 23 as o 174 42 OOLDF1KL1) STORKS i ? mlfltld I! 11 t T. ., . i . . . t .111 .-S .03 I' ll. .....,..., ya It J1ISCKLI.ANKOUH - Unltl S3 Wonder .j nil lllnlnl ........'..i.. . ,VJ A.k .34 .7S .45 .O'l .2T .O'l 111 .on ,.o.i .- .114 .03 .07 03 .U .10 .27 ,113 .14 cheerful it crew. Husiucss wns liielv from the bcRinniriB, and the broad movement forward of virtually the en tire industrial list was fairly consist ent. Prices reached their top levels in the afternoon. While the steel group was but slightly changed and the cop pers were even a bit heavy, the great est buoyancy prevailed elsewhere, and once inore under the leadership ofj American International Corporation, which added some Ii or 7 points to the nearly ()-point rise of Monday. Marine common and preferred and Atlantic Cult 'Here pulled along vigor ously in the wake. The tobaccos were well bought. Conspicuous among in- en- i'rnl .Motor, .Mexican Petroleum, Kell -j Springfield. Tinted States K,d Products, the former Distillers Securi ties, I'nited State Hubber, National Enameling, Hums IJrothers, American j Agricultural Chemical and so on. To the predominating influence of peace hope, were added tic. conference scheduled to take place today between I Messrs. Wilsnn nnd I.loyd Oorgc; thnt I between the industrial board and Diree- lor general limes In Washington, to which special interest attached because of the attitude of the Department of Justice with respect t the legality of the industrial board itself nud of' the price-fixing plan sponsored bj the De partment of Commerce, and the extra ordinary showing in the government re port on the condition of winter wheat. That report put the condition of win ter wheat at llil.8. the highest on roc urd, nnd on the largest acreage ever planted in this country. The indicated I yield is S.'t7.000.0()0 bushels. The con dition was placed at li.lf on December 1 last and on April 1 last jear 7S.0, while the ten-year average was RU.K, This is the highest on April 1 since 1SS2. nnd the only year in which indi cated yield was as large was in 11)14. The list was unsetled in the last hour nnd there were substantial recessions from the top levels, particularly among those shares which had advanced most rapidly earlier. It was not mi much u case of reversal of trend, however, as of a gradual d.iug nut of the more urgent demand. Ilonds were quiet. In- terborough Metropolitan -Ds declined a point nnd Interborough Itapid Transit Its were under fractional pressure. After renewing at ." per cent, the rail loan rate went, to (I per cent, as It did yesterdny, the expanding tradlug in Aetna Kxplosies. . ,. Am-Ilrit Mfg Am Marconi Amer Writing Paper Air Reduction Canadian Car Co. . . Can Car & Pdy pref Charcoal Iron Chevrolet Motors Cramp Curtiss Aeioplane. .. Carwen Tool Carbon Steel Emerson Phonograph Ilendee Mfg Lake Torp lloat. . . . I.ehigh Coal Sales. . . Lima Loco Maxim Munitions... Nnt Analiue N Y Shipbuilding... Nor Amer Pap Pulp. Otis Elevator Peerless .Motor Poole Eng Seripps-Hooth Standard Motors.... Steel Alloys Submariue Swift Inter Co St Joseph Lend Todd Shipbuilding... Triangle Film t'nited Profit Shar.. IT S Steamship..'... t'niteil Motors . .. .. World's Film Wright-Martin Air.. nid 4 r.u IS 'J.'. 75 Ii . 1110 '.III 11". Tea close S7 "'j Ask 4 4---C, "( 5.- :!.-. 8."( 7 'JJO m v s ill! 4 (Kjle) so 27 34 iVs 70 oo lifi 20 s :t 14"4 til?! so Itutte C &. Co 7'T. Ililtterick Co... 24". Itutte & Sup C 22 " Calumet & Ariz m Cal Petroleum. 2(1 do pref 70 Vi Cal Packing Co (!:i Canadian Pac. KlO-Ti Cen Leather... 77 Cerro de Pasco 40 Chand Motors. 1281. Chesn & Ohio. !iN Chi (Jt Wcst'u S', do pref 2,"i Chi M & St P. .10 do pref...?. 70 "j's Chi H IiVlV tc 24:i do 7 pc pref 77V Chile Cojipcr . 2.1 Chino Con Cop !!" Col Fuel & Ir. 44 Col (ins & El. 4.-i. Cont Can 7!)'.. Corn Products. TiS1 do pref 10." Crucible Steel.. I'm-Ti Cuba Am Sug..lS4 180 Cuba Cane Sug 27Vj 2(l'i do pref 77 Vs 77 Deere Co pf.-rs OS Den & Uio (J. 4 do pref 7 Dome Mines. . . 12 Erie 1 (!','', do 1st pref.. 2S Fisher liody... ")(! Gaston Willing. .11 Vt Oen Cigar Co. . (11 (!en Elec Co V!H 24'.... '. ai'A 70H 02v"4 l intt'" i.in i'. (!V ::!i 127:f4l r.si s Into Motors . ,r.4 Willys-OverIand)y( ! do pref .... 14 1 Wilson Co S4 ! Wool worth .. YV V Worth Pu & M (!.- 05 SOU. 40 " MM 2!) 04 S4 H Vs H 70 lis 17 .. (10i.l 112 -2H mvt'A 50 .. Vs a:i . . 00 1 io IS 51! Sfl K'A1 .-4's 20 i8 !)4 84 11K194 1 05 fti Philadelphia Stochs Net Clou. chR. 20 084 05 1 20& Vt 00V4 Vt Wt r.iu Vt ii 10 Allln Ins 20 20 87 Elec Stor 01) 08 r0 Oen Asph 05 05 1882 Lk 8 Cor 20 10 04 Leh Nnv 00 V4 01) 2.14 Leh Vnl. f54-4 G4 72 atinclifll. 51 51U .108 Pn It U. 44 44VI 70 Pa S M. 81 81 40 IMilln Co. .17 .1(1 103 do c'm p J15 :J4 5(10 I'll Elec. 254 25U 200 P 11 T tc 24 24 00 I'll Tract 07 (17 10 So Pne. .105 105 105V. 025 Ton Ilcl. .1 .1 n4.. nOOTon Mln .I,",, ;t :t,v.. 200 Un Tract IM S 38 515 U O I.. 70 09 00 .1 U C N J. 18!) ISO 18!) 2 005 U S Steel 0!) 1)8 00 4 do pref.115 115 115-74 420 W Cramp 05 04 05 Vt 250 York Ity 7',i 7 7 81 1 37 1 8.1 25.. 24.. 07 51000 El IIONDS High I,ow Closcf chse. 70 70 102 t 70 102 1 fcl'co Tr 4s. . 2000 Leh Vnl 0s '2S..102 350 Lib Ilond- 3s..J)S.70 08.70 -08.70 .10 450 2d 4s.. 1)3.40 0.1.40 lt.1.40.. 800 3d 4VU.ll.-i.40 05.40 1)5.40.. 2500 4th 4s 1)3.74 73.40 73.50 .28 3000 Pinna Co tern cts. 047s lOOOPhila Co con 5s. 85 15000 Phil Elec 1st 5s.. 03 4000 Heading gen 4s.. 82 1000 Spau-Am Iron (is.101 12000 Un Itwi- ' Inv 0s. 70 04 85 101 70 ',4 01 85 37i Vi 82 1 101 707s Neiv York Bonds .''.1 1 . t-,'V ,""rr"Hll"n' "I"r Mumped. ', Hi id" ult l" CenlrHl- ' ' : s'i't""l Cloak Financial Briefs 3S7i 70 Vi 24 '4 77 2S.H 7 4174 45 78 ."Vi 105 'i'7i 30 . . 70'i 24 77'i... 2.1Vi OS 4 7 12 l(i 30 V4 ;o7, Vt 17 -74 41 174 45 Vt 70 57 105 . . 07 Vt 184 4 207'. 77 OS .. 4 7 12 ' 1C.K Vi 28 .. 5.1 3 3074 . . 00 Vt 40 .10 0 5 v,v 10074 157 l(i()37s Oen Motors.... 174 172. 174 174 The annual report of East Hutte Copper Company for the jenr ended De cember 31, shows net surplus of $705, 400, equnl to $1.81 per share, com pared with SI .021 .002, or $2.43 per share in 1017. Price received per nound of copper wns 22.1387 cents, nnd cost of production per pound was 10.7117 cents. Hedley Cold Mining Compnnv has issued its report for yenr ended De cember 31, showing net earnings of $1.12,578. ns against S2.1S.005 (or 1017. A surplus of $24,578. nfter dividends, was shown, compared with n Mefieit of $1005 in 1017. The Philadelphia Federal Heserve Ilnnk tndnr withdrew government de posits as follows : Ilnlance of February 27 issue of certificates. $11,207,550; 10 per cent of March 13 issue $2.002. -150 and 10 per cent of March 15 tax certificates R787.700. making total $14. 717.400. There will be no further withdrawals of deposits this week. Snlcn In ,ln.nn. , . I1B' Low Last 1 Alaska Oold cv 0s Scr A 25 20 20 0 Am Agr 5s 100 no loo .15 do deb 5s 100 108 10!R4 7Anjr-Fch 5s 0(1 , 00 ORft 2 Am II & L 0s. ..100 100 100 11 Am For Sec 5s.. 00 00,n4 09,'i, .1 Am Smelt 5s.... 00 00 00 1 Am Tel clt 4s... 84 84 84 11 Am T & T Os.,10.1 102 107 11 Am Wr Pap 5s 00 00 00 1 Armour CO 4s 87 Vi .1 Atchison 4s ... 81 35 Halt & O 3s. 88 7 do 4s 1 7571 21 do cv 4s... 75 10 Beth 'Stl 5s '30. S5 85 85 2 Ilrkn Ilnp-Tr 5s. 05 05 05 3 Can Oovt 5s ',20. 07 07 07 14 do 5s 1031 07 077s 07 10 Col Gns & El 5s 0.174 JW74 ".174 1 Cent Leather 5s. 05 05 05 33 Chile (Is 80 807, 8(1 1 dies O cv 4s 70 70 70 1 do 4s 77'i 77 77 03 do cv 5s .85 85 85 SChi 0 West 4. 50 5074 5074 10 Chi & Nw 5s '87 08 !)S 1)8 87 81 SS 7574 I.I 'l IK'j 87 81 88 7574 V, S1 72 70 70 77 05 lfc 1 4(1 12 100 Hi 40 :: 374 STANDARD OIL. Illinois 170 17.-, 0'il 335 .140 Prairie Pipe 200 205 Standard Oil of Calif.20.1 200 Standard Oil of N J. 080 085 Standard Oil of N Y.347 352 INDEPENDENT 15 (il 13 1 " .1 075 350 "-.laHICAGO BUTTER AND PfifiS - ;. dhMca. April S. HUTTCR Receipts. 'W! 'rht Mfu.ly. Kxlra, die; .JHoftKectlpH. 73.43T canei. JUrktt jBfe, K,"'r. 39W0Hct prdlniry nrl, d, Tf' r - BAR SILVER ,MBinrcIat bar llvfr wns ijnoted in ft lork oday at 1.01 an otmeo, MPi;, m onusn at wa, a cam .- 'p . . ., Rarnett Oil k Cins Commonwealth . . . Cosden & Co Elk Rnsin Federal Oil Inter Petrol Houston Oil Merritt Oil ... Miihfest Refining . Met Petrol Ohio Fuel .V Snpulpa Ref Sequoyah Sinclair Island Olenrock OIL STOCKS A 01 00 0274 42 4.1 55 40 1S 007s 3174 1 14 do deb 01 Goodrich F, 08 (Jt North pref 0.1 fit No Ore subs 43 (Jreeuc-Cnn Cpr 44 (lulf States Stl 55 Haskell & llrkr 40 " Int Agricul... 1S do pref 72 Inspiration Cpr 52 Inter-Cons Cp 4 Inter-Cons C pf 14 Int Hnr C (11) 12S 120 Vi 127 lnt H Cpf new.117 117 117 Int Mer Mar.. 27 20 "20.. do pref 11474 11271 113 . . Internat Paper 40 40 4(1 . . Int Nickel .... 27 20 27 1 Jewel Tea .10 30 30 1 Kansas City So 10 10 10 Kelly-prgfld .124 110 1234 .12 32 .12.. 71 00 71 1 51 54 54 20 25 01 07l 0274 42- 4.1 55.. . 40 2 18 V' 72- 3 5174 1 11 .. 1,', . S . 0 . 2 2(1 . 70 . 30 .100 . 3 . 10 . 7 . 45 . 8 4- 8 2 20 81 .10 10S 3A IS 7 74 45 87s 4 4(1 S 20 20 105 .1 8 4 Kennec Cop Lack Steel . Leh Valley . Lcc Rub & T L-W Iliscuit . 47 47 Manbnt El 74 74 Max Motor 30 38 do 1st pref. . . 07 00 do 2d pref... 31 31 May Dept Strs 70 70 do pref 10S 108 MONEY-LENDING RATES NEW YORK Money, on call, mixed collateral, opened today at 5 per cent for lending nnd renewing. On nil in dustrial collateral, the opening rate was 0 per cent. No increase in netivity in time funds is expected in the near future. Rusi ness at present is quiet, with occasional loans on industrial securities collateral nt 574 per cent running for ninety days. A few transactions arc reported oc casionally at 5 per cent for ninety days up to live mouths on collateral of good mixed securities. In prime mercantile paper, the de mand is larger than the supply, which continues limited. Rates run from 5 to 5 per cent with occasional dealings nt 57i per cent. Prime bank acceptances are mod erately active at unchanged rates. PHILADELPHIA Call, 5 per 20 ' cent; time, 50 per cent. Commcr 47 71 cial paper, three to six mouths, 5 0 per cent ; six months, C per cent. .10 00 31 70 108 Mex Petrol .. .180 18.174 1842 Miami Con Cop 24 Midvale Steel.. 40 M S P&SStM S0 Mo Kan & Tex 0 45 80 Vt 0 12 23 51 70 3874 18 23- 40 S0 0 12 24 51.. 70 1 38 18 LONDON Money 3 per cent. Discount rates, short nnd three, month bills, 3 per cent. Homhay. The rate of discount Qf the Rank of Bombay here and of the Rank of Bengal, at Calcutta, was fixed at 0 per cent todny. .MINING STOCKS Atlanta Rig Ledge Rutte New York .'. . Con Ariz C F S & Jerome .. First Nntionnl (Joldfield Merger . . . fioldfield Cons fioldfield Florence . . fioldfield Kewanns . . Green Monster Hecla Mining Howe Sound independence Lead.. stocks calling for 11 greater demand for L.Iorome Verde money. Time funds were restricted in amount nud with only slight business for the eadler dates nt 5 to 574 per cent. There was another shipment of $500,000 in gold to South America an noitnced. Contrary to the Kcneral belief, the War Finance Corporation 5 per cent bonds have not been oversubscribed, the nmount of subscriptions to yesterday having been about $185,000,000 of the $200,000,000 offered. The use of the Interest rate on these bonds as an argu ment for a hlmllnr rate on the forth coming Victory Loan issue met with but little encouragement at the Treasury ucpmimeiu, 11 was a'U, 1 1 0 10 45 0 A 5 3 32 J3 , 48 30 37 G .74 1 1 8 21 CO 8 0 3 4 31 15 no 32 40 5 74 i do pref 12 Mis Pac 24 do pref .... 51 Mout Power . 70 Nnt Acme ... 307s 1 Nat Con & C 18 Nat C & S pf.105 104 10574174 iNatEnam & S 58 50 57.l Nat Lead 00 CO NRR of M 2dpf 0 0 Nav Con Cop. 1(1 1074 New O T & M 30 30 N Y A Rrake.lll 111 N Y Cent.... N Y N II & II . . N Y, Ont & W 'Northern Pac. . . Okla P & It . . . 0 ' Ohio' Gas 19 Ontario Silver. Owens Rot.... Pan -Am Pet.. Penna It It kj, ,1'eo is & r,. Jim Rutler Jumbo Extension . McKinley-Darragh Magma Copper'.. Mother Lode Mines Co of America ' 1-32 Nevada Hills ....',., 3 0 Nevada Wonder .... Niplssing 8 Ohio Copper Ray Hercules 1 San Toy 0 Tonopah Extension.. 2 United Verde ...... 34 Wwt End Con .... 1 White Caps ....... 14 l'eringtou ,.,...,.. 4 Tf 34 13 40 0 8 2 30 O 15 a 75 7474 30 30 20 1074 04 1)3 ! 0 40 30 7 (1 5.1 50 84 82 44 44 50 50 Pere Marquette 14 14 do prior' pf . . 00 00 Phtla Co .17 ,10 Pitts & West. .10 80 Fierce-Arrow.. 47 40 Pierce Coal . .. 21 20 Pitts Coal ... 40 48 Pitts Steel pref 0.1 03 Pressed Stl Car 71 70 runta Alegrn 8 54 54 Pullman P Car.122 120 121 Ry Stl Spring. 81 70 80 Ray Con Cop. 21 21 21 Vi Reading 80 84 85 Replr & Stl,. "83 82 83 lo Pref 102 102 102 Royal Dutch... 00 04 01 do nref 04 02 02 . . f Saxon Motors.. 7 774 7 Vv(StI,a.F 12 12 12- 2 is !).. 10 30 1 111 30 10 03 0 30 0.. 50 3 82 1 44 50 .. 14 00 .. 37 1 30 47 20 40 03.. 70 C4 FOREIGN EXCHANGE New York, April 8. The feature of the foreign exchange market in the first hour of business today was strength in sterling and francs. The rest of the market appeared listless. On a nomi nal quotation ruble notes were higher. ' Quotations were : Demand sterling 4.05, cables 4.0074. Franc cables 5.80, checks 5.01. Lire cables 7.25, checks 7.28. Swiss cables 4.04, checks 4.08. Guilder' cables 40, checks 40. Pesetas cables 20,30, cheeks 20.20. Stockhnlnijcnbles 27, checks 20.80. - Christianla tables 20.10, checks 25.00. Copenhagen cables 25,30, checks 25.10. Ruble notes 14.30(314.50. . ..101 101 101 73 05 83 72 00 70 70 80 08 77 07 84 70 47 40 48 S2 00 100 84 07 43 32 70 81 85 0(1 80 1 do S F (is. 11 1 111 uwy os, , ,. i.tyt 24 Chi R. & Q 4s... 05 3 Chi M & St P 4s '25 .1 do div 4s.... 18 do rfd 4s.. 21 do cv 5s 5 do cv 4s... 11 do gen 4s.. S07 0 do 4s 0S .1 C It I P & P 4s 77 00 City Paris Cs.. 07 2 O Tab Rec 0s. 84 2(1 Du Pont P 4s 78 2 Erie cv 4s Scr A 47 2 do Scr R 4074 3 do Ser D 4S 2 Fin & i: C 4s 82 2 Gen Riv 0s ... 00 3 Gen Elec deb 5s. 100 .'till Steel 4s... 84 2 Indiana Steel 5s. 4 lown Cent 4s. . . 04 lnt Met 4s... 10 do ref 5s 12 Inter Agr 5s.. . 1 L Mob & M 4s 85 .1 Lacka Stl 5s '23 07 5 Lk Sh deb 4s '28 80 I Leh Vnl rots Os.101 101 101 1 Lig & M T 5s.. 03 03 03 557 Lib Rond 3s. 00.18 00.02 00.14 07 44 33 70 81 73 05 83 72 09 78 70 80 08 77 07 84 70 47 40 4!? 82 00 100 84 07 43 32 70 81 StVjs 00 80 5.10 70. 1572 52 030 4117 do conv 4s. do 1st 4s. do 4s... do 1st 4s do 2d 4s. do 4th 4s lOMursls fls.... 1 Midvale 5s. . , 1 Minn & St L 4s 41 1 Mo Knn & T 4s 03 1 Mo Puc 0s 00 15 do gen 4s 50 10 N Orl T & M 5s 52 2 N Y Air Rkc Cs 00 50 N Y O & H Cs. 0774 1 do 4s 82 V4 3 do 4s 84 5 N Y Cy 4s '04 00 5 da 4s 1007. 1 do 4s 1003. 03.80 0.1.70 03.78 05.48 05.32 05.32 05.7(1 05.00 05.74 05.00 05.40 05.40 03.80 0.1.72 03.80 0.1.S0 03.72 03.74 00 00 00 cow 00 aarf " VS " VS 00 Vn 41 0.1 00 58 52 00 07 82 84 00 100 100 100 100 100 100 41 03 00 50 52 00 07 82 84 00 LOCAL MEAT MARKET The fol'nwlnff report on the frrah tnrat trade In l'hlludrlphla la furnlahed by the local liveatock and meat ofllce of the Uu r'au of Marketa, United Statea Department of Aarlrutiure! FltlCSII HEEF Receipts llahl. Market ateadr at yesterday's prlrea. Demand quiet. BTKKHK Itecelpta Ifahl. Market stronc Ml . IO .u. tjriua.iu .air. . fo COWS- -ItecelDta llctlt. Market unchanged f llll Ia S'..1. Demand alow. VKAL Ilecelpta moderate. Market steady at I4 to l'-'2. , Demand, quiet. POItK Receipts moderate. Market ateady to atrons at 130 to Hit. . Demand quiet. I LAM1IU Supply very. IIM.. Market steady I to stront ut ISO to S34. Demand quiet. I.AMH Hupply very llh. . Market steady at 8 to 133. Demanf Mint. MUTTON Hupply llcht, . .Market steady at 122 to 123. Demand fair, 41 12 87 4.1 82 r.s iy. 44 12 87 43 82 58 85 LOCAL STOCK TRADING BROAD; CHANGES SMALL FOR LEADERS JFidesl JIovemcnls Irregular and Arc Confined to Issues Appearing in Smallest Volume General Asphalt Is Strong . ' Philadelphia stock trading wns broader today, anfl while uo issue showed 1 special activity sevcrnl usual leaders came out In fair volume, mnkliig the total turnover somewlint larger than in any session during the Inst w'eek. Price changes were irregular nnd in some cases fairly large. The opening wns dull. but later business reflected the activity nnd strength displayed in New York due to the fnvorablc construction placed on news from the Peace Conference. Home stocks showing most momentum were Lnke Superior Corporation, which was lower; Philadelphia Electric unchanged, Tonopah "Retmont off ,' Tonopah Mining at its previous closing level nnd I'lilted Gns Improvement, , which showed an inclination to lower ground. I On the other hnnd, substantial advances were scored by issues thap were not as active, including Electric Storage Rattcr.vl General Arphnlt, Philn-" delphla Company common nnd cumulative preferred nnd I'nlted Companies of New Jeisey. Transit certificates lelded slightly, William Cramp lost ns much ns 74. Pennsylvania Salt declined 1 point nnd York Rnilways wns off, . Lehigh 'Navigation nnd Philadelphia Traction held stonily nnd unchanged. Ralls were slow, Gut Pennsylvania nnd Lehigh Valley were firm. Steel common followed the Irregular trend displayed on the big boardj t nnd wns higher in the afternoon nfter having shaded slightly. Philadelphia Electric first 5s were aotio nnd n little lower in the bond division, and there was 11 large, turnover of I'uitcd Railways Investment us, which were higher. 4 The Kejstone Telephone Company's combined statement for March, which , enme out this afternoon, showed gross earnings of .$128,031, compared with 1 $120,412 in February nnd with $133,880 In 1018. Net for March was $40,759, ngaiust .$44,075 in the previous mouth and .$58,070 in March of last year. i .1 4, n 1! I Poor Cables and Bearish View of Peace News Also Fac tors in Decline cottox nni.T w'KATiinn conditions! N- York. April R The follow Inc tern Pern turcM were recorded In the cotton belt thin morning: Oklnhomn City. 44: Fort Hinllli nnd Memphis. .IL': KnoxMlle, "i: Anllene. Chuttnnoocii, AtiRUpta und At lanta .,8; Montgomery and TliomaelllP. - . "enHacola, NnnhUllc. Haannah and Jacksonville. 01: Shrevcport. Vlrksburit. Meridian -anil Tampa. Ilrt: San Antonio. CiS; New Orleans. 70. and Corpus rhrlstl. .2. There was 01 inch of precipitation at Corpus Chrlstl nnd Montgomery. .01 at Kort Smith. .18 nt PensacolH and .82 ut Mttla lluik. E IN CORN PIT All Deliveries Move to Season's Best Prices oh" Increased Pur- cnasing uats t-rrmer ! GRAIN I1CI.T WNATHEH FOKECAST j Chicago. ApTll H. Illinois Fair and cooler tonUht and Wednesday. Missouri 1 pair tonight and Wednesday except pos- , sjoly unsettled In aouth: cooler, wlscon- , sin Fair tonight anil Wednesday preceded . by rain north tonluht: inkier. Minnesota Mostly cloudy with probably rain or ' snow in north tonight and extreme north Wednesday colder. town Fair lonlsht and Wednesday. North Dakota Snow to- t night. "Wednesday mostly cloudy probably snow northeast: coldtT. South Dakota , Cloudy probably snow extreme northeast nnd colder In east: Wednesday fair. Ne- . braskH Fair tontuht: colder easf Wednes- j day Increasing cloudiness. Kansas Part I cloudy tonisht with freezing; temperatures; I colder extreme east: Wednesday unsettled. I possibly rRln or snow. MontRna and Womlnj Fair tonisht and Wednesday. , New Yorli, April 8. The south wns rather 11 conspicuous seller at the opeu iug. In connection with poor cables nud u bearish view of the peace ucws'of the cotton market, the market weak ened sharply, old style contracts start ing 20 to 25 points lower and new con tracts 5 to 25 points. riFTn..t.,nU lent... 1. nil .. I .. -t . n.l .... .1... early break of 25 to 30 points from last ,nS b-v "tts. Ira tic was active, but J night's closing figures by Liverpool nnd 'most tmnsactious were in dinall lots, r ' trade buying. There wns also n consid- Tin character of the purennsiug vns.rej " a; craDie ueinauii iron, commission nouses, muni us cacchuiu. This caused rallies of 15 or 20 points I At the outset, traders were nervous,.- from the lowest and the tone of the bllt lln initial lil encountered resting';. market was rather uncertain. I orders to buy und the losses were re- i Chicago. April 8. All deliveries in ' I the corn market scored new high records for the season todny on increased buy- j I ing by commission houses nnd cover- J 1, !..... . .1 . .1 t fni'tfttA ,trm,.fll lit. ..11 l.itn. mnstna iit'i'i'iiiLH ill ! nnrrw mr inn imv ."v... i. .....,.. ju un ...., .v.vo- l tire estiiuuted at 12,000 bales, against I sio,1H "" tl'minitl wan keen and prices j 10,450 bales a week ugo and 13,005 responded quickly in the ubsence of bales a year ago. pressure. j , Advices from Nebraska said that the j .. '' style 'northwestern part of the state was J ' Vest. Today's 11:00 1:30 S.30 ...i.i. '...., . r : close open am pni p m -"vcrvn wiin iruui iru luuiics lo u lootj H1'!!5 Hi-?. HiH!! Hi!!!!! Hil'5 of snow und that the storm was work- i.'l.l Ail. 4(1 .1.4(1 J.l.f't-! ir.I.ilA -'S.imi ai, so si. nn Jl.r.u si,,u '"B eastward. Mny July .. tptember October . M Hi '1 May .. . July October . November December January . 20. 10 2(1, (Ml ;a 00 M.i" -'4 ail L4.il) "4.20 L'l.SO JS.II.1 L't.llt) 31.00 L'l.UU S2.UU NKW STYLK. an as L'O.io 20,1 a i. hi aa.lO 33.43 33.44 33 14 3.'.f.S 33.30 ai.iis 33.00 33 uo 33.011 1 shorts in corn who Iind cspected a sell- ...01 .1.77 31,77 31.77 31.77 inir tnnvplnent nnd Inwor nnntntlnn wnr AVhile the government report on win ter wheat nnd rye was considered the most optimistic ever Issued by the Federal Agricultural Department, Liverpool Cotton Liverpool, April 8. Spot cotton jvas quiet today with prices firm on 'the basis of an advance of 7 poiuts for middling, old contract, at 10.01 d. Sales were 4000 bales. Receipts were 0000 bales, Including 000 bales American. Futures were quiet in the early deal ings. Spot prices were: American, middling fair. 10.25d ; good middling, 17.82d: middling. 10.01d; low mid dling! 15.50d: good ordinary, 13.01d, nnd ordinary. 13.3Rd. LONDON STOCK MARKET , Undertone Healthv and Sentiment ! July . . . a j . . I Lard uneeriui urann i runKs strong London, April 8. Securities on the stock exchange had n healthy undertone todny and sentiment wns cheerful. Strength nnd brisk trading were noted in spots. There wns, a further advance in the gilt-edged section. Itumors persisted thntnn offering of a 4 per cent war loan, at 05, would be made in the near future. Some min ing, oil and industrial shares were buoyant, with dealings broader. Profit taking occurred in Marcouis. Grand Trunks were strong. dOVi 83 08 84 DIVIDEND8 DECLARED Amalgamated Oil. Quarterly of Hi per cent for second quarter of 1010. paysbl July 111. The company discontinued dividends In 19IA. . Kerr Lake. nuiHerlr of S3 cents a share. parable June IS to stock pf record Junu 2. on record 1 N Y Uwy 4s 44 10 do 5s 12'Zj 12 N Y Tel gen 4s 88 3 NY W C&MVis 43 5 Nor I'ac 4s.... 82 2 do 3s 58 15 Ore Short L 4s 84U 2 Ore Short I, Cs 100 100 100 5 Pacific Tel 5s.. 01 "Ha 01 1 Pacific Gas 5s . . 80 80 80 2 Pennn gen ct 4s 84 84 84 4T Penna 5s '08... 04 04 1)4 1 People's Ons 5s 70 70 70 0 Pierce Oil (Is '20.100 108 108 50 do (Is 1024.... OS 07 07 12 Pere JIarq 5s... 84 84 84 5 Reading 4s .... 82 82 82 0 Sinclair Oil 7s.. 07 00 00 0 St P K C & M 4s 50 Sou Pac c 4s.. . 128 docvCs.... 1 Sou Pac rfd 4s 2 So Uwy 4s . . , 3 T St I, & W 4s 51 10 Utah P & 'Ij jls 88 3 U 8 Govt 4s r.100 100 100 1 U S Mex 5s . . . 73 73 73 8 U 8 Rubbpr 5s.. 87 87v 87-?8 8 do 7s 103 102 103 14 U S Steel a I 5s.l00 100 100 2 Union Pac 4s... 80. 80 80. f do fls J01-104 104 28 U K of G IJ & I 5s 1010 00 00 P.0 CO dp ns 1021.. 08 118 08 C4 do 5s 1037. . 00 08 08 1 Va lty & Pr 5s. 70 70?& 70. BANK CLEARINGS Bank clesrlnrs lodsy. compared with cor-responding- day last two years! 1010 nils ' I 1011 rhlla. ..o.ssT.47 lni,in.i;n ins, ami. K4 M u V u. .UAnaArA ai All un. TV MS BUTTER. EGGS AND CHEESE New York, April 8. TtUTTEH easier. He. celpts. 11,443 tubs, llleher Bcorlne. il OJHc; extras. (UlUc. Inside: first., (."to 85c; seconds. (11005c: state dairy, 0iKSi Imitation creamery. 4(ln0c. w ' Upas firmer. Hecelpts, 83 037 cases. Kx Iras, 4!H4c inside: extra nrsts. 44W43c flrels northern. 4844V4c: tlrsts southern 41044WC: firsts. 41Mfll43Uc: seconds , 41B 43ej dirties. No 1. 38B404c; No. 3 in SdUc: checks. No. 1. 87tt,3HC! fco " S73Rc: state and nearliy hennery. ukiB' 3.13flijc: Bathered hlt... 53c. InLldeY l'l'. cldn roast whites, 4(1 050c: western and southern g-athered. whites. 4(lfliic stato and nearby hennery, browns. 4840c: mixed COlorefl. 44VDUC. CI1EBSE steady. Receipts. 21011 boxes State, whole.mllk. special. 321i032Uc fli' whites. 8333Mic: ftat. overage run?8iS,ra 82ci flat, whites, "veraee run. 32u33c: twins, specials. 8880c. ' doomed to disnppointincnt, as offerings ufter the publication of the figures gen erally were light. Receipts remained ' light, with the weather stormy ubd un- favorable for the 'movement, Oats also were firmer on buying by a j. leading commission house. There was I n good deal of realizing .on the rise. Trnde was not active, i Cash oats were firmer on reports of a j better demand. Private cables said that in Argeninn exporters had withdrawn. Leading: futures ranged as follows! . Corn (new delivery) Yea'day's . Open High l.nw Clone close May.... 1.5(1 1.511'i l.r.O l.KiUt 1.5(114 Julv 1,481 l.o3U 1.48VJ 1.52ft 1.49 ," Oats .lay.... iii" itii8 ni-'. nwvs n("i rm. da am. .its' n.i - Jlny 28.8.! Julv..,. 28.15 lllbs May July.... 25.40 Pork Mny July. (IS 20.25 28.55 27,27 25.70 B8H (17H 08i" 28 82 28,15 27.05 25.40 20.22 28.52 2S.75 28.17 Hid. tAsked. 40.50 48.50 4 8.75 46.25 27.25 28.87 25.07 25.42 49. R0 t48.ll0 40.50 '45.78 NEW YORK COFFEE MARKET ' New Yorh, April 8. The coffee mar- kct wns quieter this morning, but the 1 undertone was' firm nnd,first.prices were unchanged to 5 points higher. Yest. close May 15.80 juy ........ 15.01 Sentember , ??? April .... 14.25 Today's opening IB. (IS ja.ns i 14.80 14.28 of. "t. Paris Bourse Active and Firm Paris, April fe.-r-Trndiug on the Ilourse lately has been active and all markets show u firm and broadcniiTg tendency influenced by expectations of " the early conclusion of the preliminary peace treaty. Mexican i-.aglo and lie 1 llecrs shares have been firm. The for eign exchnnge market "turned easier within the Inst day or two. Sterling and dollar rates have been depressed t jby sales from New York IlCrO la t I'd itui Call money 08 . 84 .100 .70 00 105 14 10(1 70 70 C0 51 5x 88 88 Josden Co.. quarterly of SH per cent rhlla. . .150. sjt. 47 J lni,in.i;5 158,350.1 common, uaraWe Woy to .ate V lHff ,s-cK.232.5?J .8,308.M8 S6,30e,t ord April 14,. f',. v " P-TCorkjm.m.fiii BM.Sw.M IHllwM.S WE TAKE PLEASURE IN ANNOUNCING THAT MR. PERE WILMER HAS ASSOCIATED HIMSEllF WITH US AS HEAD of t THE BOND" DEPARTMENT'' CARSTAIRS & CO. 1419, WALNUT STREET PHILADELPHIA, Mt-mnnno PHIIMUKLTHIA 8T0CIC 15XCHANQB MEMBERS new yohk stock exchanok NE)V YPRK COTTON CXCllANaU ts I il m '.I I I rs I, l & t II , 5, 1 e-' y 1 2&')? A. S Jjl ttf 'V il -Jiu
Significant historical Pennsylvania newspapers