5ESLSS
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VVl6
EVENING PUBLIC LEDGER PHILADELPHIA, SATURDAY, APRIL 19, 1919
sr
;tinan'c!At.
Annual Meettnra
KBFriCK OF TIIK l)rlTKD OA8 Ml.
' mnvKviitNT m:
"ZifVf. corner Dread and Arch its.
lH " Philadelphia. Auril 14. 1919.
IMa? annual meeting or tne tocKr.oiaers
:. i United Om Improvement Company
m vnem at inn pince oi ma comimiiii
vest comer t Bmad and Arch sts..
l.Iphln. Mondar. ,Mr S. IBtD, t 13
t iiMin. when an election will be held
U . J al a1 all rftvfcAtttva e. A kf A
Ir th entulns year, nnd such othr bunl-
httau .will ha trstnaa Mori triav he hrfliiaht
ttflinr in mun.r.
FINANCIAL NEWS CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS
STdCKS IN URGENT DEMAND
ON THE NEW YORK EXCHANGE
&' vh Block trnfr hnoki will ht
?frOmrl r, m, WedneRdav, Am
a -11
j' l nil U ' !, iim v tuncnus v, mini i.
. tiniu lira m. infiumy. May u, iwib.
kr u. w. uuuiiAtN. secretary.
cio.Mi I Surprise Comes to Traders Who Were Looking for '"
1919,
i
tinmrTOKV or ArrorxTAN-rs
. Ce-Hlfled rtilille Accanntanta
Market Bowls Fairly Active
vr
rnANfit. van nonx co
CKtlTIFTBD POBIilfl ACCOUNTANTS.
T.AND T1TI.B IlI.DO.. INCOMH AND WAtl
VAV DBPATITMENT IN rHARCJR OP TIAT
MQNO O. CHANCII. C. P. A., PORMF.IU.T
il,7, 1NTKBNAI. YlKVISNUB AC1ENT AT
PlltUA.DEI.rHIA AND NEW TOUK.
morosAi.8
rmorosAU for nmi.inNo CONSTRUC
TION Tenerlroent of Cltr Transit
City of Phllsdelohla
11th Floor, 1211 Chestnut street
Philadelphia. April in. 1919
Mtil tirnaosale. addressed to the under
signed at the office above mentioned. Willi
n receivrn 1111,11 u o i iwviv imun un turn.
..ipril SRi iviir. npn upeneu immeuiAieiy J
High Points in Today's Financial News
linde in New Yoik in today's short session loses little of its vigor
by reason of the holiday. Attention of the local exchange centers en
tit cly on the issues of the Cramp Shipbuilding Company. Curb is un
usually active, with continued fluctuations. Big gain is made in the
bank clearings throughout the country.
NEW YORK STOCK SALES
if
Philadelphia Stocks
Net
Uw Close chge
33 33
OS', 09 1
77' a 71) -4-1
.".1, 3 ',
38 38 V...
ti:i ui 1
for the following work apour-
ne iranKiora .ievata iinnnay .
by Ordinances of Councils ap-'
iar
f ltan flor.
eilant to the Frankford Elevated rta
...thrtvt.1 bv Ordinances of Council
..FAv.fl Tutv fl. Iflja and March fi. Inl'
CONTRACT No. Ml Erection of brick, '
-sleel and re-enforced concrete atatlon build
Inaa at'the northeast and southwest corners 1
of Kensington and Alleheny avenue. In-1
ludlnr tlie remoal of exlatlnr buildings on
theae sites.
CONTRACT No. Mi Erection of brick. !
steel and re-enforced concrete station bulld
Inrs at the aouthest and southeast corners (
of Kensington avenue and Somerset street.
Including me remoai ot existing Duuainsa
from these sites
In ordor to relieve lntendlnr bidders of the
expense and time Involved In taking oft" the
quantities from the Plsns. a statement of
the quantities of material and work as re
uulred ard covered by the price bid ill be
lesued with the Plana and Specifications to
all bidders. In order that bidders may be
HSSUrcd Ot tne accuracy "OI me quantities ine
New Yorli. April 10. Unututil i-nnrtitinns continued to prevail in
the stock market which TOiislsted of only two hours sandwiched in between
the Good Friday holiilny and Sunday and in which, it wai expected, there
would be only dull trading with virtually only a holiday market of a list
less character.
Instead of thi-i expected inncti. ill . there wns such an urgent demand
for stocks at the opening that seveinl issues were established at pew high
records and prices of the list generally lose to n materially higher level.
The dedarntion ot the extra dividend of 10 per cent on .Marine pre
feued, announied nfter the dose on Thursday, was responded to with nn
advance of 'J'4 points to 1 IS'i in the preferred slock at the opening, and
American International Coiporntion moved up 3 points to S8'i.
There .was heavy bii.ving of T'niled Food Products all' tluoiigh the
two hours) Tf business. caiTjing that stock up more than t points to above
70. making n new high retold.
American Hide and Leather prefericd lose more than - points to 1007ii
and the common stoik advanced moie thuu I point to above 1!7, both those
stocks also making new high records.
In the steel issues American Steel Foundries was again prominent,
moving up more than - points to above SO. and Railway Steel Springs
lose more thnn - points to Si. Jlaldwin Locomotive rose more than 1
point. rossitig til!
I'nitcd States Steel common continued to reflect unceitainty over the
dividend, and nfter making nn advance of 7s to 11!)' ( lost most of this gain.
I'ierce Oil was the sttongest ot the petroleum group, advancing 138 to 'J-t-.j.
Ilonds were fnirly active, with vlighf recessions in the Liberty issues,
which were in continued heavy supply
Hlah
Adv liiiinely.. . :(4
do pref 71 f
Ajax Rubber.. 70
Alaska (Jold SI ;V.2
Allls-Chalm Co 38 4
do pref 1)4
Am Agr Chom.lOO'f, 108s 108-- -s
"o pret liH) 100 100
Am fleet Sugar 77 70i 7(l"'s-f "
' "-" ol-'-i "IU 5ts
Am u . t ni. myx
Am Cot Oil . . rifli,),
Am l)nig .... 13
Am H fc Leath 1!T '.
tio pref , , ,
1 Am Int Corp
' Am Ice Sec
1 do pref
D3?H
54-U
205.
.100V, 1073i 100',i-",4
. .so'.j sfi't si.!-saH
jus. i a.
ho-4-fl' .
12vs 's
"71.4-1 I.
riO
on-x
no
t;i)'i
10
on -4
M
OS'..
loa. H
OO-'j l
r.4H "
!I0 - '-j
0!) f 1
Am l.lnsonil
. do pref . .
'Am Loco
I do pref 104.. 104'.. 101'
'Am Smelting . 71'.. 71'-. 71'- "u
iAin Sum Tab. 10!) W,, 10S'S4-1
Am Steel Kdry 1)0 bS DO 4-1's
Am Sugar .. .10 1L1), VJII" 4-1',
Am Tel & Tel.tOt-,, 101',, 104'.,..
Am Tob pf ii.100tr J0()T 1()07, ..
Am Wool C7'i fi(l. 07 ',4- ',
Am "Vr Tap if 42!i 42U 4'.", ",
Am Zinc & L pt 14 4n'i 41-r- '-
Anaconda 0ln, 01
Asso Drug .... 41! ', g 411
Atchison 01 01 1(1 'i
Atian o i. wi.ianu i;:r."4 v.8u-1'
Raldwin Loco. 02 U 1)1 !)U',,-r-1 "s
Rait . Ohio... 40 4,-'i 10
Itauett Co ...131 l.'il 131 ..
do pref . . . .115 1 15 115
Batopilas Min.. 1a 1'... l',i 'x
Iiethlchem Steel 75' a 75' 754- ';.
01 ' 1
43 4
do H
70
I (I ',4,
70
IOr FdCn """" ui ptmi ninta i ue
WgWOAY CAUSES FEW WIDE FLUCTUATIONS
CHANGES IN WALL ST. IN OUTSIDE MARKET
do 8 p ! pf..l09'd 10n',i 10!)'i 1'',
Statement will be made a part of the con
tract, nnd the Contractor will be compen
,.tui rnr nnv sHdlttonal nrk nr materia
that may be reoulred In exi ess of the State- '
Plans and Specifications can be aeen at
tilth. Floor. 121 1 Chestnut street, aind
.oples of ssme with blank forms for pro- I
pusals will be supnlled to Intending bidders
UPOn aepoilt at iu uu ,bii ji tinuw
iheck) for each " of plans which will be
refunded upon return or Wane
Hioaera
caaed In
Contra
Mitn tne
s.,ma end rtrnof must be furnished the Dt'
partment by each contractor that he haa at
tented the provlslcns of said Act and In- j
siircd lila liability thereunder, cr secured'
exemption therefrom 1
Each bid must be acdrnpanled by a eer-tltleatej-from
the Cltv solicitor that a pro
posal bond In the sum of Five Hundred
Dollars (1300) haa been filed In accordance
with the provisions of an Ordinance ap-
',rK'4!' "8,.. (k. ,i,h Markflt Onens With Rush of Unusuallxrt Lary Trarlino-. With Central Lthr
sny'or all bids as h mav deem beat for, r do pref . . . . 101'i 104'i 104', 5
up invimi n m " " """."- Mituino- f Irrlore in 111.
""J"'& w--.-
Net
hie.
CnlledCigStrs.i;iS4 I35"i i:.Si
L'nlted Drug... 130 130 130 10
United Fruil..l7l 171 174 ..
I'nlted R'y Inv 13 12", 13 '(.
do pref. ..... tinn, osi' 'JO' l'i
t'SCll'i Fo "J5 23 '-M'i'J
do pref 01 'i 511 'a 01'4-as
U S Ind Alco.l5.3Vi 151 U I'VJI ?i
IT S Realty 37 37 37 ..
f S Rubber... SS S7'i S8 !U
do 1st pref. .111 111 111
t'nited Food I'r 70U 70 783'a
IJ S Sm & Ref 40 40 41) '
v h Htcei n mi ini,ii1fi
do pref 110 1lt','j 11(t',b ',
t'tah Copper .. 75 74 75 't
Ftalt Sec Curb. 10 Iti-'-, 10
Va-Car Chem.. 01'... ni'i Dl'jH-
lo pref l'j jiu HI' ..
J.OW
70 U
02
1)5
1385 Klec Hlor 71
SOGen'Asplt 02
20 do pref 05
10 Key T C
pref . . 50
24 I.eh Vnl. 53,
217 Pa R R. 44 '6
120rhila Co
cum pf 35
SO t'hll Klec 25U
8 Pit Tract 07
200 Ton Rel. 3'i
205 Ton Min. 3,V
100 U11 Tract 38 Vi
100 IJ G I... 00
5 r c x .T.tno mo
170 I' S Steel 00' I)!)
3020 W Cramp.120 114
50
-3?S
44
35?4
07
3'g
:iiV
38 V4
on'.
1
Net
Close 1 he '
70 J- 1
02 1 '. '
05 1 I
50 3 I
53 y
4 J ',4
35 . .
25U '
07 ..
3..
'tA.- -
38'j..
00 ',s 1
100 1
00'i l
110 5'
INTEREST ON LOCAL 'CHANGE
AGAIN CENTERS ON CRAMP'S
Wabash
do pref A . . .
West .Maryland
West Cui Tel
Westiugh Mfg
White Motors
Willjs.OvcrlM
do pref .. .
Wilson Co ....
Worthn P i. M
do pref It . .
',
32
SOU.
10
57
3 1,
05
S4
71 's
70
7
31'..
11,
8(1 1..
48' i
1 ',
31 'i--
0..
80'.
I!)
Tilsl sales 23l sliares. comparcil with
ll.!7r shares Thursday: this week's. 43 173
shar'S, ,att wvk's. 38.755 shsies.
Slock Hits New Top at 120. Reaching That Price Before End
of the Day's Trading Remainder of List Qniel
. . i
The entile altentlou of the Philadelphia Stock Exchange at todav's short
session was confined lo transactions In the shares of tlfe Cramn Shipbuilding
Company.
After opening fit 118. n gain of J", points over last night's close, real
zing sales brought the price down to 114, Inter recovering to 117 nnd touch
ing a new high of 120 lit the last hnlf hour of trading. Buying, ns has featured
the movement for the last few dajs, was in small lots and the source of pur-'
chases was carefully concealed, being distributed among n number of houses.
Ihe remnlnder of the list wns comparatively quiet. Klectric Storage Bat
tery gained n good fraction for the day. us did nlso shares of the Steel Cor
poration, t'nited fins Improvement failed to respond to he assurance of a
continuation of the present dividend basis and on sales of something tnor
nun -ini snares declined '.
I' !
," I $5000 Lib Rood
I10NDH
nigh ixiw
Net
chge
1
20 312,4
115 05 1',
84'... 84'41 1',
(i0'L. 71
70 70 -fl
3d 4'ts 05.30 05.30 1)5.30 ,00
0700 4(h 4 'is 03.52 03.48 03.48 .0(1
3500 Phil Klec
1st os.. m 03 03..
Total sales ?lS.i00. compared with J:i7.
400 Thursday: this week's, X164.D50; last
veeks, 281,050.
tiJe'r'lli.2'lME..l'',por,eu on Ne,v Tork lork
l,'.er; s.,L'iMt sliares. compared with l.ultt.-
s..rf" Thursdsj, this week's. 5.304,700
.B3,.ino shares.
shares, last week's,'
Netv York Bonds
Local Bid and Asked
Brooklyn R T. 21 'i 21
do ctfs ... 21 2
Booth Fish Co.. 20", 20
Burns Bros.. ..104'o 1fl
Butte C & 7, C 7 7
Calum Ariz 50 'i 51) ',j
Cal Petroleum. 27 2Gm
I do pref 71 71
leal Packing Co 01 U 00'
Canadian Pac.159 150
S9 78
21
21
20
l4,i
IVi
7
59' i
27
71 Vi
oi',i
150 ..
70 l
V!H. S
TWINING.
. Director
I
dustrials
Most Interest Attaching
to Houston Oil
PIT TRADERS FAVOR
BUYING SIDE IN CORN
I Ceno de Pasco 42',i 41', 41 Vi
Chandler Mot . 1 17 145''s 147 3
,('514 St P pf 00' i 00'i 00' i -I
Sale. In
iono , ,,1,,
300 Ang- French 5s. . .1)7
1 Am Hide LOs.100
S Am For Sec 5s, 00 j,
1 Am Smelt 5s... 00'4
5 Am Tel A Tel 5s 01
1 do 0s 103
2 Atchison cr 4s'fiO 05
3 Bait & Ohio3'.jS 88 ty
5 do 5s 78
40 do cr 4',-is ... 75 'a
1 Beth Steel 5s '36 85
3 Bdy & Ser Ave
Tl n nit
3 Brk Rap Tr 7s RliJ
8 Bordeaux 0s . . . 00i',
145 Can Govt 5, '21 07
1 do 5s 1031 . . . 07
20 Chile 0s SO'"
32 Chile Con 7s.. .117 "
in
ns
53
taii
70H
HI!
va
no's 00
103 103
American Stores
I Ilurfalo Xr Susri
uo prei . ,
' Flrlll JO. . . .
, . ,,, llaldwln
nni- !.- , Electric Storage
UO'U Dli 'Ji General Asphalt
100 VHI rtr' Pr ' 7t
,, "',, Keystone Telephone S4
0041 0012 d.i.nref 47
00'. nni. 'k' Sur Corp.... m's
Irfhlgh Vkllev .... 531
Lehigh Vallev Trail ..
do pref . X
Pennsylvania .... 44
t'hlln nieclrlc 25's
1 I rhlla Co 37
do r, per cenr prer 'zn
do 0 per cent pref 35'
I'll l u rtap ir t c
Reading
Tonopah Helmont
Tononah Kllnlna . .
Union Traction ,. 38
United Has Imnrrjv r.n
t! S Steel ... . Onjj
York Railway . . 7'
do pref .10
Wm Ciamp V Hon. 110
roday
Bid Ask
05
88
77 Vi
75
85
0,1
88 li
77', 4
75'
S5
Market Develops Uniform
Strengtlr After Irregular Start, j
Price of Rye Jumps
Slock sales today on the New York
Exchange totaled 555,100 shares.
New York. April 10. The New York
Sun's financial review this afternoon i
as follows :
Trading in todav's two hour session
w York.
' tc
Pf.
7 p c
G4'i
23'..
U
V
Ik
ntniv nr.l.T WRXTOKIt FORECAST
Ihlrago. AprU IB. Illinois Fair and
warmer tonight. Sundav fair, followed
by unsettled, warmer. Missouri Fair to
nlght and Sunday; warmer eaat and aouth
tonight: cooler northwest Sunday Wis
(onsln Party cloudy tonight and Sundav,
nosslbly showers north and west: warmer
Mlnncstoa Unsettled tonight and Sunday,
probably ahowera east and south; cooler
loira Partly cloudv and somewnat unset
tled tonight and Sunday, warmer east snd ,
outer extreme northwest tonight, cooler i
North NaUota Fair tonight and Sunday
' j,'oeler tonight South Dakota Unsettled
snd cooler tonight, Sunday, partly cloud
.Nebraska Partly cloudy and somewhat
unsettled tonight and Sundav cooler
'Capsas Fair tonight and Sunday cooler.
Uontenti and Wyoming Fair tonight and
Sunday,
Chicago. April 33 Sentiment in
corn apparently was not affected by
iiii.v thing bearish over the holiday and
the market, after an irregular start, de
veloped uniform strength this morning.
Commission houses were on both sides
at first, selling on hard spots and buving
on declines. Most of the pit traders
favored the buying side.
Some of the purchasing was based I
on unsettled weather in the west nnd
fears that muddy roads may consider
ably delay needed arrivals. A jump
of 4c a bushel in rye. lo ?1.72. had a
bullish effect. Trade was active and
mlxcjl.
May opened at $1.58 to $1.59
i of the stock exchange lost little of its
vigor by reason of the fnit that il was
preceded by n holiday and will be fol
lowed bv one. AVhat few develop
ments there were over yesterday's re
cess could scarcely be construed as
otherwise than favorable nnd the mar
ket opened this morning with a rush
of buying in industrial specialties.
As has been the case right along,
speculative interest centered on n rcla
lively small number of stocks and these
tfere very animated. The steady ac
C R I &
do tl p
April 10 The market c H 1 S. V
on the Broad Street Curb continued one I pref . ,
of wide fluctuations nnd uniisnnllv IChile Copper
large trading with mot interest this!."'" l',onc C,op :'S!:4
' (JOl r UP. tx I r 'ill1 l
mottling attached to the dealings in Col (;as Klet- 40
Houston Oil. which sold all the wayiConsol (!ls ,4
from 05 to 101. joining the list oflCorn Products'. (11
record-breakers. Other oil stocks were! Crucible Steel. (1
.ICtive nnd strnne- Ssin.lfliV Hntf llin
-". -'..-... v.u.i aiimt, , -
at 5', and Merrill a. 32 to 32. Co,- ' DoUmc n"
den was steady with sales of 2000 sha,res i Krie
at 0i4 and 9 , do 2d pref
Cramn ShinhnilHine- rm.j m n-. 1-ishcr Body
3 23
-JS.
Culm Cnnn Sine- flri.
- v - .-n ,-i
115
to 122, with sales of more than 1000
(5n8ton-Wnis
78
It
10
18
(101-
30H
shares, (hat stock also making
high tecord.
Swift International sold atOl'itgOl.
Genl Cigar Co. 58
(it
7-4
22
3j
43
lO'-j
1)4
(il
07',
20",
77
11
15
1S'i
03
20'-,
58
04 '!
74- ,
23 'i, '
36' I 'i
civ i r.
1.','4 -'i
4(V2 2
04 .'
oi-';:
07
20','!
80
7S
00
02
73'.'.
95 K
08'.'.
61 'i
SI V,
00
97
07
SO'fc
117
70
7S'i.
00
01'a
73
05 V,
'(.
- '.j
r-iimulatinn which has been goining on as PSS n,.(iVP .,(, n
ncvv(jcnl Motors.
do deb
do pref . . . .
and l.ibby. McNeil & l.ibhv rnneml l''T. " " '
from .".fia. r .-si l .. a ,..:...... .',.', TT. ' v" 0"" I"
"-- - ...II" .HUM KUjltl -1IU-
lnne sold nt (!0ffi57'. Savnlrl 'I'irA
1S0 170
do Ore. subs,
(iru-Can Cop,
cumulation wnicnnas een go ,,u ... was less active, with a moderate amount I r",,, J lp s .'
in the Fnited States hood Products of business at ,".3-'', fi34i. Fisk Rub- ,, , i V i
(old more plain in the price of the b(M. Til( sohi , :;r,(;i;i, Interna- ' ! r. "l"
stock today, this issue selling nt anew. ,!! Kubbr as , , ., . Inspir Cop. . . .
high level, around 79. for a new gain of niC""..(c7"" ' ' I,lt -0,,s' (orl,
'-,.
92
C7'i
00'i
12
42
nenrlv 4 noints. Heavy buving also
came inlo Willys-Overland. American
International. Marine preferred. Cen
tral Leather. American Hide and
Leather. Railway Steel Springs nnd
Pierce Oil.
The equipment shares were all in bet
ter favor, but rails mwere soft, as were
the coppers. President Wilson's action
toward adjusting the steel price con
troversy was regarded with favor, but
steel stocks did not do much. The motor
stocks were taken up again when trad
ing quieted in other quarters and
marked up a point or two. The eitra
dividend of $10 a share declared on
Marine preferred stimulated demand for
that stock. American Hide nnd Lca
thei. common nnd ptcferred. both sold
I'nited States Steamship sold nt
and 2'-j. Philip Morris ranged from l"J'4
to 12. North American Pulp-sold
al 4 to 4. Submarine Hoat opened
at 15, but dropped to 14 on it few
transactions.
INDUSTRIALS
40' j
3's
do pr 13
lut Har C ( n I 132
Int Mer Mar 34
92
92
(17
80
12
11
52
53
II)
3
13
'
I
',
4
against $1.5!)-at the end Thursday andiat new high figures for the year.
litter sold at $1.49. .luly started at Progressive strength was displayed by
S1.52" to S1.52. against 1. 52-,. ' stocks throughout the session, the best
rhnrlnV last nri.e. and mnv.n ,in tn I,ricCS bein& ma') 5" . l
final hour.
Aelna Uxplosives '
m llrlt Jlfg .
Am Mdrconl .
American Writing Paper.
Air Reduction ..
i anjfitan Car Co
I'on Car t Kdy pfd .
Charcoal Iron . .
Chevrolet Motors
Cramp . . .
t'urtlss Aeroplane
Carwen Tool
Carbon Steel
Emerson Phonograph
Hendee Mfe
Lake Torp Hoat .
Lehigh Coal Sales
Llm.i Loto
Maxim Munitions .
Nat Anallne ...
N T Shipbuilding
Nor Amer Pap Pulp
Otis Elevator . .. ..
4'
Vest cU.Si
K (Srfle)
10
1
41
9"4
4'4
do pref
Intel n'l Paper
do pref sta
lut Nickel ..
Jewel Tea . .
do pref
11 .
10 .
18 4
(5.3 - -30
58
180'i l
92 . .
92
07',
S0
42'', is
42
2-1
53
49'. '..
:i
13 ..
129 13()i82i,,
33 34 I
11(i
118
IS 43'..
. 73 73
30 29
3S'..
82
-'C Sc O tv 4'
10. do 4''.s
2 Chi Of W 4s...
3 Chi W 1 4s
OChi Rwy 5s. j.
15 Chi B & Q'4s..
15 Chi Mil & St 1'
rid 4'2s ,
5 Chi Mil & P 8 4s (i!)
10 Col Itidust 5s. 74
10 Col & South 4'.js78',
20 City of Paris (fs 98
1 Comp Tab R C 0s S I
1 Dis Secur Cor 5s 91
1 On Pont Pow4'2s 74
4 Krie conv 4s S B 40'
2 Hutl&Mnn in 5s 10
1 111 Steel 4's .. 84
58 luterb Mot 4'..s 33
2S Interb RT ref Ss OS',.'.
37 Int Mer Mar fls.100 "
4'Inter Agr 5s . . SI
1 Kan City So 5s. .82
1 K C Tor 1st 4s 77'
5 Lgh Val rets Os.102 102
3 Lig&M '' 5s .. 03 03".
IJ.ig & MT 7s.. Hi' Hi'
1 Lorillard 7s . ,
75 Lib Bond 3.s
109 do conv 4s. . .
102 do 1st 4s..,.
1044 do 4'4s
95' do 1st 4 '.48 ..
337 do 2d 4 'is
01 U
81
99
07
07
80 'i
117
SO', 1
- 78
(10
02
73
BVi
J4
8'.
0Bi
71
nn
n
4(1
20
KR
lUt't
L'5
44"
2R'4
8S
in
24',
SS
3,',
30
an'.
9H
31
120
Thursday
Hid Ask
20 22
7
r.o
41
01
Bt
III
K
47
1t'
n-
53
1
4I
arm
37
28
35'i
24
82'
31,
3V
38'4
tlOVj
US
7',
30
112'j
1111
:
ui',4
70",
ill
nn .
li
r.o
20
s
.'4
44'i
25,
3"
nn
83't
S'i
.'I'.i
.".!l
70
os?;
s'4
31
114
The bond section was neglected
RESERVE BANK REPORT
GAIN IN BANK CLEARINGS
Local Institution's Weekly State
ment ShowcDrop In Bills on Hand
On the eve of the Victory Loan cam
paign (he Federal Reserve Bank in its
Total for the Week 8.2 Per Cent
Greater Than This Week Last Year
Tola! tiank clearings of all Ihe clear-'
Ing houses in the t'nited States for the
weekly statement shows n clroi) of nenrlv week ended lodnv were Sn.R'J'J. IMTS.471.
$11.-100,000 in bills on baud, offrom ngiilnsf. $7,014,418,353 last week and
$1SS,411.fll1 on April U to $182,040,- I $0,307,002,003 this wcekjast year, or
50!) on April 18. The drop occurred 'a gain, as compared with last year of
in bills discounted secured by govern- 8.2 per tent. Clearings in Philadcl
racnt war obligations. - phia, as compared with a year ago, tle-
At the same time there was a decrease .creased 17.3 per cent,
in contingent liability as indorser on Details follow :
bills rcdisrnunled with other reserve' mm mis p r
banks from $45,050,000 ( $30,330,000. IN' "HJJ-S; -.8i-5K-5a t'VJ
Ratio of total reserve to net deposit .Phiin
and ervo note liabilities wos 41.0 per 1 ffn0"iiv"
cent, as compared with 41.8 per cent tli".st Louis.
R Trlsco
Pittsburgh
l Hetrolt .
Ralllmore
N. Orleans.
week befoie.
Compaiison of imporlnnUjtems fol
lows ,
nrll IS Vnril tt
Total reserve H2lt.a3n.S0S I130.25S. 157 Eleven cities.
Earning assets 200.714. trnii 20B.077.011 5 days . 15,070,859,232 14,515,272,931) 12.3
Govt deposits 5.O01.93l H,S20,fllO Other cities.
ouv . 3.",.U4l.01B H12,2T9,54I HP
201. 788.830
20,42,B1"
in3.735,43
133.419,080
119,404,13.'.
81,891.TTI8
89.358,412
4.3P.',830
;U.054fn37
31,r,25,OII8 17,a
21U.t23.830 20..-i
1.S.n32,76r 2.S
141,044,197 '..S
sn.H7H,4RII4-H.(l
114. 344. 552-1 27 3
57.092,329-1. 35 2
47,9117.530 2 7
O,207,44E 35.2
fia, 0,2a,,44C 30.Z t
NEW YORK BANK STATEMENT
OS'j
09
74
78'',
OS',
81
01
74
40
10
81
32 U,
OS
99
SI
R2
Inciease in Actual Surplus Reserves.
Loans Lower
New York. April 10. The New Yoik
051' bank statement tuts wcck snows in
' , crease in actual surplus reserve and de
GS',4 ''''ease in loans. Deposits are higher,
CO ' I .Details follow :
c4 averaOb
l,-'4
. un. . n nan nnj.nno
98'4 Net demand dep.t3.072.73l,00(i
556,053,000 19,008.000
1 12, 570.000
11..MT.DWI
RSO.TIB.OOO
520.541.110
51.202.S9C
V.t ,lma rll. ,113.945.000
I Circulation .. .. 85.538.000
, Cash In vaults .. :07.381,000
Itenerve in mem
ber banks
1 Ileserve In state
t banks and truBt
l companies
Ileserve In state
banks and trust
companv depos
Acgrcgale res .
rtes. required ..
Surplus
i ispecie inciuaca
ifnltnrl Hi,!., Henoltn deducted.
S2 ,043.000 i
-- ' 'Decrease.
102 ACTUAL
ir.' i 1 nan. dine nlin I ft.
,',,; s el S4.915.502.0OO
I 1 I t ' n.mflnd de-
.112 112 11" Poslls 14.011.090,000
98.98 08.08 OsTflS XV "?" tP". I55.iu.ooo
93.50 03 41 9.1 48 ' Circulation . . 3S.818.000
'"" "'J-; '"; Cash In vaults .. t03.902.OOO
.'u.iHF i-...H( li.i.mt .deserve In member
84
91
74
40'
10
84
32
S
90 '
81
Increase
08. 105,000
11.453,000
2,354,000
700,000
5S3.000
CT.OOO
19,850,000
1,381.420
21,231.420
J351.-
MO. 495.000
78,503.000
FOREIGN EXCHANGE
New York. April 19. The foreign
exchange market today reflected in dull-,
ness the observance upon fiuancinl
centers of the Easter holidays, which
in London cover next Monday. There
were few changes in rates from Fri
day's figures, which had shown n new-
low on (his immediate movement
Total all cities.
5 days 5,S26.eOO,850 15,3:7.352.780 9.2
All oltleV
1 day 993.487.021 T9. 609, 2834 l.S
Total all cities,
for week.J6.822, 008.471 8.30T.062.0n3 8.2
I rench exchange. Mterltng wns un
altered, while pesetas showed n mod
erate improvement,
Quotations were:
Demand sterling 4,04, cables
4.05. .
Franc cables 5.90. checks 0.01.
Lire cables 7.11. checks 7.13.
Swiss cables 4.93, checks 4.07.
(iuilder cables 40. checks 40. ,
Peseta cobles 20.25, checks 20.15.
Stockholm cables 20.80. checks 20.00.
Christiania cables 25.80.. checks')
25.00.
Copenhagen cables 25, checks 21. SO,
Ruble notes nominal 14. 20tg 14.40.
MONEY-LENDING RATES
PHILADELPHIA Call, 0 per
cent: time CtJJC per cent, Comtner-
in cial paper, three to six months, 5
G', per cent: six mouths. C per cent.
Reserve Banks' Discount Rates
Official discount rates nt the twelve
Federal Reserve banks were as fc
lows :
(The first column' gives the rates for
all periods up to and including n fifteen-day
maturity to ninety das. The
third and fourth columns arc the rates
for rediscounts of collateral loans se
cured by government bonds or notes.)
Com'l paper Govt, paper
Roslon . . . .
New Tork . .
Philadelphia
iCIeve'and ..
Richmond .
1 Atlanta
rtank cliMrinss today, compared jcltb cor- Minnannif
responding dav last two vears: i tJfni.
1919 1918 1017 ' k ,-i,v
Phils ..S0.7n5.243 132.502.831 J52.149.42t I !.an8"lit,-
V VrL 11711 "HI nl!t XS' 747 ,171 r.1il tll-rxril rtail
BANK CLEARINGS
10 to 90 in to 90
13 days davs, 15 daya dnva
...4 4", 4 4i
.. 4 4', 4 4".
. 4 4'4 4 41,
. . 4'i 44 4 4U
... 414 44 4'i 114
4!i 4 1 4'4
... 4 4. 4 , 4H,
. .. 1'i 4", 5 4 4U
..4 4. 4 -4U
..4 5 - 4'i 4'1
co. 4'i S 4'i 41J
...-4a 4U.W5 4 4U
1.400.000
310,000
553.000
0 H7 12011 do 4th 4s.
r'i
47 2
73
29 Vi
37U-1'.
nnd
vr
W
r,v
p4orleui Motne
Sfnrltint'fr PillllPfl about noilltS Poote Erie- '
M.K5-4. September was quoted at and Maxwell common gained 2 points: 1;
$1,48 to $1.48. against $1.17 at American International extended its steel Alloss
advanced advance to 89. The foreign exchange swift inter ' '
market was dull and rates held steady. I st Joseph Lead .
Bank clearings for the curfeTit-wcek Triangle Film ...
for the entire country aggregated lKnli"!,.Pront. sharing
. o o ,-, rri... ,..,.- I IS. ?i?msnip
5t,0--.vrooIti j. ncnc iii,ii.-. .uin.v t 1 mien .viotors
with clearings of $7,014,118,353 in ihe
preceding week nnd represent a gain of
8 per cent over the corresponding weeki,,., ,
of last year. Ohio . .
. ...nt. 1 iijc
H o of rji
business conditions. Commercial lail
tires are reported to be only about onc-
liilf Clio nnmKni. lOf.rte.t tA n vna f fl rt
": .1' ...; ,. r...:.u -i " Snett Oil Ga.
r urciRii niiuc .iKuit-a mi ...uiL.i i.iunr u 1 1 ommonweaith
Hie end Thursday
Co .Jl.4S.
Leading commission houses bought
iqtL. and the market was stronger.
Offerings were light and scattered.
Trade was not large. The receipts here
, Voday were seventy -eight cars.
May opened at 69c to 00c,
against C9r at the close Thursday,
and later sold at 09e. July started
at (17c to 07c. against 07'&c at the
, end Thursday, and rose to CSc.'Septem
lier opened at 04e to 04c, against
l,?5C, 'Ihursday s last price.
115
lis
3
. 87
S's
'".
. so
. 34
'h
. 27'4
. 34
. 4'.
. 80
24 'v
20
. 20
8
. 5
. 14
0(1',
12
.101
1
. Is.
35
II"
s
2511
120
113
nil
4
World's Plltn
Wrlght-Martin Al-
85
3
28
37
4'.
S5
30
9
s
1 1'
ni'i
13
105
1'.
s
49,
Kan City South 21 20 21 '-
Kelly Spring.. 123'i 122 12!J
Kennecott Cop 32U 32 32'
Keyst T Sc 11. 02
Lack Steel 70
Lehigh Val.... 53
Lee Rub & T 25
Loose-Wil C 54
.Max Motor .. 41
do lt pref.. OS
32
83
01
70
::.
523,
j do 2d pref.
I May Dept St.
4,
'Mex Petrol.
)IU, ia
70.. J
53
25-1 '
54' 3 I
401
08 1 j
32l'
85 Ts I
187 2
05.30 05.12 05.10
95.51 95.50 05.54
03.54 93.40 93.54
93.54 1)3.48 93.50
99 09.
0938
88-
41
51
70
97
82
01
.leserve In .stale
, banks and trust
companies
' r.esene In state
3.d0 bands and trusr
io.-.- ' company depos-
" s 1 irlo
99' Aggregate reserve
ileserve requirea
Surplus
I
N563, 608,000 23.198,000
tl2.300.00fl
50 I
44
51 '
70'
97 1
I
4
30
07
31'..
84
,187 180
.10S 10S 108..
23 23
4BV 40
t! C.
22 23
38 3S . .
17'i 17U U
STANDARD Oil,
S O of N J
S O o N Y
IXDEPKNIIENT
WnrnVn 4 of vvheaV , T fl , Mendid showing, our exports for tlielg"""' -' '
SJlipments of wheat and flour from! ' 4, ,,. . , ' uik Basin ..
wi, t the,v Fnited Slates for Ihe week were
month amounting to $005,000,000. com- federal oil '
s-bushX Vt!&Ts;'p .
hnaliela lnt ,.i, i-. ,l. .. i and $nJo,(HHI,0H) in .Mar ell, Una. Merrltr Oil
misucjs last j Mr. I or .the season they i rZtn nnt !., ,t i Midwest netining
amount to 238,005.507 bushels, against!, ,Chi,r?,E, Gr,cot e,stern "D,J '? JJ imi
In the
against
previous
108.531,053 bushels
season.
The, eccipts of wheat at Minne
apolis today were 301 ears, against 141
t'ars last year: at Chicago 10 cars,
against I) cars; at Winnipeg 113 ears,
against 241 curs.
landing-futures ranged aa follows'
Com (new delivery)
open. High I.ow Close
i oo j.ni l.3M l ftl
May, v,
July . , ..
"CJala
May ,..
Jul .....
.JLard
fe3Hr.
Jaly .
f.l;r:
'vJfcnr- -
A
UJ14." i
N
Island Railroad, annual reports, for 1018 Ohio ruei
I Sapulpa Ref
tequoyan
Sinclair Oil
Islanl
Olenrock .
Atlanta
lllr Ledge
1.52
l-85, 1.52
09 '
67 S
70
0S
p9.25
HB'i
07 S
were given out over the stock exchange
teiess. The former road earned $2,97
a share on its preferred stock nnd the
latter $1.14 a share on its common
Stock.
Boston' & Mont
..;, .... -,,.,.. I Hutto New York
RAILROAD EARNINGS Con Ariz
CANADIAN PACIFIC 1 rr,,HXttro'nr,i,,e . '
19111 InfMui rSnMaelri f..r.
1 fe. ud week April .. 12.2HS.000 IKT.OOO Ooldlleld Cons .
i From January 1 40.959.000 3,480.000 Ooldlleld Florence
... COLOMADO J N'D SOUTHERN I.INE8 ooldneld Kewanaa
c7s . T.tP. t a,?ni tifto nni iij nai . Green Monster
3', 3',
STOCKS
. 1ST 1I)J
.373 37(1
. 275 2S0
.275 2S0
T05 7t
383 SS7
OIL STOCKS
A i.
4tl
9
8
. 3'.
29'4
. . 98
. 32
168
3',
21
8'
.32s
8
II',
MINING HTOCK8
47
10
8'.
V.
3d
100
32',
170
S'
's
A
41.',
do pref
Miami Con Cot 23
Midvale Stl T.-403,
'Mo K & Tex. (I
j Missouri Pac . 23's
Nat Acme ... 38
I Nat Con & Cab 18
''National Bis . I243i 124'i 1244 ",
S'XatEn ct Stpd 00 58 59 2
National Lead. 72 71 72 ..
do pf 10034 109 100 '
Neva Con Cop 10 10 10
NewOTcx&M 31 30 31
New York Cent 73 73 73 '.,
X T C & St L 25 25 25, . .
'do 2d pref.. 42 42 42
Xorf & West. 104 101 104
do pref 71 71 71..
North Pacific. 91 00' 90 t
Oklahoma P&It 11 10 11 ..
1
01 'J
101
S0
42
12
88
09
91
SG
1)5
75
118
102'
82
(i(C.
09'.
83
S2
91
SLl o rflAli
101 ,Curr
crTT l notes
, Currency
notes
Deposits. Federal
Reserve Bank of
New York
Deposits
Ileserve on de-
Lyons 0s
5 Marseilles (Is . 90' 2
7 Midvale 5s . . . 89
1 M & St li 4s.. 44
15 X OT & M 5s.. 51
4 X V C & II 3s 71
5 do 0s j7.nj
1 do 4s S2
10 X Y City 4s 57.. 91
1 do 4s '5S ..., 01
I ,M C 4s M 57' 101
-X Y X II All I 0s SOS;
2 X Y Rwy Is... 42' i
17 do 5s 13
3X Y Tel gen 4s 88
0 Nor & South 5s .09
4 Pacific Tel 5s.. 01
2 Pacifio Oas 5s. . 80
20 Penna 5s '08... 05
1 People's Gas 5s. 75
34 Pietce Oil fis '20.123
33 do 1924 105
11 Reading gen Is. 83
1 R I Ark Lou Is. 00'.,
217 Sinclair Oil 7s.. 99
-Mho I'ac cv Is... 83ii 834 .'17' i posit
44 do cv 5s inn mr.i' miv ' Percentage
c o.,u t...... .'.. '"ir '""! ivance,
i mum jvvv.v hs., UO'-j ti(J'j (KJ'.
2 do 5s 9314 rjjiij jjgi'j
1 Texas Co Os . . 102 102 10
2 Third Avn adj 5s 28 28 28'
12,U S Rubber 5s . 87 87'. 87
20 do 7s v. . .102X, 103U, 10.1U.
II 758,000
587,006,000
531,609,70(1
OU.U'JU.auu
134.000
23.3Sfl.000
10.288,970
13.0711,030
42 '.j
12
88
09
91
95
D...1. tl.oll.rioil
..l-v.v ....' ,, ....... .J
, United mates ueposus ucuul.vu,
Discount.
OUTSIDE DANK STATEMENT STATE
Dec.
Loai.s. ineslniM .$1. 123,450,789 $123,450,789
Loans. Invest
ments .:t
Currency bank
b n n k
(594,553.100
8,421,200
28,827.000
20,527.000
10.715.400
. 102.100
081,
031,
50.457.200
660,080.700 .
M.it ..... ... iu,u-. i".
8 I i.,rrentaaa of reserve. 16.6. .0,
I TRUST COMPANIES
invest-
2.041.300
1.887.4U0
3,003.000
12:.
105
8.1
0(1'..
09
S.1
bank
Loans,
menla .
Hold .
Currency
notes ..........
Deposits. Federal
Reserve Han of
New York
Depositors
ileserve ,
.o 1 r,-s 40O I 20.010.090
ll.'600.700 26,500
20.735.700 414.100
de-
207,679,700
2,012.084,900
9. 070,700
1,796.900
.Vs
3,',
S'i
1.35'i
70
6S
s From January 1 3.278,348 262.090 , J ecla Mining
. . 30-0 1 CANADIAN NATIONAL RAlLWAYfl 'independence lead
i.. l.If-r" I o.... w..Lr a..rit tl aa i.su b a 91 a inaepenuence J-eau
-o.iiv. -w.22 "-, ""-", Win,',;, iMv'iM'rttnw Verue
I .1"'" "".' - ....".. ..UUW.UU , l. fl
.,, 26-40 26,67
26.35
4V.90
28.60
26.65
f2 75
18 95
flRAND TRUNK SYSTEM
fc'erond week April .. I1.263.4BS 1204.986
Prom January 1 17.404,259 3.151,023
Decreaie.
Jl
Financial Briefs
r!P i "
V'At thflr Tneetlns: pn rrhai-sdar di
MV..IJ..01 -r i, --. i m j -
j iPcwtn ui ; vruirni j u inarr liOm. i - , :, . n.
&JnxvtUUrr1niinn h t ir --.- I nnew Dcing ciosca id oDivrrance oi idp
Kl - 'i7r.. VJ" "ir. r; ' ;; Eater holidays
Butler
Jumbo Extension ....
ilcKlnlej-Darrngh . . .
Maarma Toprr . . . .
Mother IxxJe . . .
Mlne Co of America
I evann niiia ....
No Chanoe In Refined Sugars j5fni,i,I1,Won,,r. . ..;
Xew Vork, April JO. Holiday con- Ohio Copper '.'.'. '.'.'.
ditions prevail In the refined sugar mar- j sin "..". . '".'.::
ket today, sales departments ot local re- jpnopan Kxtension
01
'5
l's
4
iS
5
3',
89
18
48
28
41
1-32
3
.' "dividend on the ordinary nreferred
L.)r vtsKli Ditrideod of V, per cent has
f lrnipald every three- months on this
' -lue. 'since November, 1017. As yet,
""illrt?etera,bftvp not appointed a successor
'tIwunrxUireland;vuo tendered
' ttii,vflKnition some -weeis ago.
l':Jfef'TorIc Subtrensury gained
from ue oaoKs yesterday.
3 V,
HCAOO UTTErVN'D EQGS
msft necipi
eiit Arsl
tf&m
A pelt . t.-BUTTKK Tteeelnls.
VlTO..:U, k4M(ijt Afstf,
tfjPfci
Prices are unchanged
nchanged nt
at 0c, less 2 per rent for cash, for fine
granulated. Raws.aPe u
7.2Sc, delivered.
DIVIDENDS DECLARED
American Water Works Electric Com
pany, ctuarterly of 14 per cent on T per
cent cumulative preferred, payable May 15
to etork of reonrd May 3.
IVeat Penn Traction, and Water Power
foiupany. quarterly of per cent on pre
ferred, payable May It to stock of record
Hercules Towder Company, nuarterly of
1. per ct on preferred, payable Mar 15
to atock otr record May 8.
-National Carbon Company, dividend of
i! pr cent n preferred nod .1 on cemraon.
w.''rJ'VX',T tt Tt- - tT"
. fK
JW-ill-1,
36
l'
19
, 3
United Verde
West End Con
vvmie ca pa
Yerlngton . .
no.SDS
netliletiem Ta4notes) . lot
Cosden Oil 8s . , 92
Cosdeit' Co li 9 J
Cudahy e 102
Russian Oovernmenl Ac.a 50
Hussion Government n'a Aff
Southern Railway fta , . 9B Vt
Sinclair Oil As . ... 00
Todd Mhlpbullding a .,10
02
A
&
20
'i
'4
4'
4
I,,"'
15
50
no
43
'.
n
9
3't'
l'i
20
3 111 'a
05
95
M2i4
52
58
90S
100
1.05
Ohio fias -13. 42' 433R-f-
Ontario Silver. " 7 7'j
Ocvens Rottle.. 30 50 50 !'.,
Pacific Mail .. 30 35 35
Pan-Am Pel . 85 83 SI '..
Penna II 11 . . H 43 43
Phila Co J57 37 37tf
Pitts & West. .10 85 30 - '4
Pierce Arrow.. 51 50-51-H
Pierce Oil 20 23 20 2
Pitts Coal 50 40 50 4-
Pun Alegre Sug 53 53 53-f.
Pressed Stl 0. 72 71 72
14 IT S Steel sf 5s. 100 100 100
3 Un Bag & V 5s 03 03 931,
2 Union Pac 4s... 80 S0V. SC'.
50 V K of C, II & I
5s 1910 ... 99'-. 993 ;))!.,
33 do 5s 1921.. 9S 98 9S
04 do 5";s 1037.. OOtf 99 D'jfj,
"B3.7I5.000 'lO.TOS.SOO
of reserve. 1T.3. per cent aa
I.SRT,TTbUSclLEr,ES
,,v imirSK
4nvest-
b a n k
..T0'1 '" $7,632,000. compsred
H.1.892 00O Thursdav. Ihl vvceV'.
lll.OOC IJTst week's, 167.01 7.0O0,
nlth
III
40
el
do pref ....100 100
, Pullman Tal C. 120 120
Jty Stl Spring. 84 82
Ray Con Cop. 20. 20
' Reading ..'... 83 82
I do 1st pref.. 37 37
Rep I & Stl. 83 8:
No Stock Dividend on Cramp's
Xew York, April 10. Whcu ques
tioned as to whether the Crnmp Ship
building Company planned to declare a
T , stock dividend of a readjustment of can-
"T" .a :,.i ,i 1 11 .1 . .. ..
JOQ j "'. vuunca laujucu, one 0 tne ell-
V0 14 rrcto"' replied: "Such a matter has
W 'S nt nn it.na It.nn ,l!.n,,n,l .1,1. .
t.i wj iiiic w,-c:u mstiioacu Cliuer 10111181-
ly or informally by the board of di
rectors or the executive committee, and
I hove no knowledge that any such
plan is eveu thought of."
Loans
inenls ,
Gold .
Currency
notes ..... . ;
Deposits, Federal
Reserve Bank or
K,w York
Totnl deposits . .
Net deposits . .
Reserve on de-
Percentage ot reserve,
changed.
Increase.
11.801.100
8,500
OGS.TOQ
J790.372.6C0
81260.600
13.903.7OC
59,113,600
ROl. 488,200
710.761.300
1"8..25.000 111.700
' n n. ma, asaatlt 11T1
JV,.. Vl vx- --
New Credits for Allies
Washington.' April 10. The Treas
tiry announced new credits for the Al
lies ns follows: (it-cat ltritnin. .$100,
000.000; Rumania, S5.000.000; Serbia,
8208,000. This raised the total loans
of all the Allies 'tc ?9,138',829.00(l, ot
vhich $4,230,000,000 has gone lo Great
ltritnin, .$20,000,000 to Rumania nnd
..27,2C8,000 to Serbia.
Dallas
Marlnt Co. Pays 6n Back Dividends
Xew York. April 19. The Interna1-
tional .Mercantile Marine Company de
clared n dividend of 10 per cent on be
half of the back dividends on the pre
ferred stock. The dividend is payable
May 15 to stock'of record Stay 1. This
payment will reduce the accumulated
dividends on the senior issue to 57 per
cent.
Thos. A. Biddle & Co.
424 Chestnut Street
Philadelphia
Wish to announce that they are neither
affiliated nor connected in any way with
Biddle & Co.
1011 Chwtnut Street
Philadelphia
HI 6,800
13,654,000
21.TW.400
LOCAL MINING STOCKS,
TONOrAH S1C7CKP
Bid
N4'43'..
20
83
37
on, r i 1 1
0-V4-
.11 in Uutler . ..
MacNamara ....
Midway ...
Mltpah Extension
Montana
North SUr ....
Rescue Eula ....
West End
i Atlanta
Hooth
lilamf H B
Daisy
tlnldf Con
Ktwanas , . ....
Ord
Silver Pick
Spearhead
.32
'.71
.4S
.10
.21
,09
.00
IS
.05
,o:
.33
.02
.01
,18
.on
.01
.09
.13
do pref ....102 102 102 I
M18CELCANEOUS
Ariz United -j
Nevada Wonder "",
Tecona Mining .-'-
Ask
.41
,7
130 .
.13
.25
.11
"s
.n.MJ
.03
,35
.04
.03
.20
.OS
.01
.11
.IT
27
,H5
.14
41 I
Royal Dutch,. 92 92
... 1IU'14
V.. 12
Seab A I, pref IS
i oo, new
iSt I,-San
00
12
18
92
00 1
12..
18
"e
26
6
52
57
0
?t
ShiprnenU of Meat Increaie
Chicago, April 11). Shipments of
cured and fresh meats'' from Chicago
for week ending Anrll 19 were fifl.1 RS..
(HW ivjjwds; c9rtu)ar.ec, Ttllh 49,234,000
jsjslriesg
f V
Sears-Roebk
Sinclair Oil
South Pacific 100
Southern R It. 27
do pref 08
Stand Mill pref 02
Studtbaker . . . 74
Stutz Motors .. 57
Sup Steel 30
Strombcrg Cars 40
Tenn O & Cbra 14
Texas & Pac. 32
Texas Co 221
Third Ave K R H
Tob Products,. 92
Tidewater Oil. ,215
Un Rag fc Pap bi)
.182 182 182 ls.i
55
55. t-
105 105'2
27 2734-r-
67 .
0' -1-2
74 5
57
3fl -1
40 1
14',i i
32..
210 220-trl '
1 14 T I
do ni-t-i
215' ain i
80 so
07':
91
'0
v50
39
40
14
32
Un raciRc ....128 I''S JiM,
dp. l'r,c( .
MERCHANTS :
If you are grocer, druggist, hardware dealer, tobacconiit, clothier,
furnisher, jeweler any kind of a ttorehttptr you shouldn't wait
another day before subscribing to the Retail Public Ledger the new
twice-a-month periodical for merchants only. Subscribers say they
have been waiting for it for years. Not a trade-paper, but an inspir- '
ing nert-roagazine that interestingly telli all sorts of thing that
merchants want to know. Business problems' salesmanship, ''buy
ing, accounting, the handling and training of help, credits, delivering,
advertising, collections the Retail Public Ledger tells "how they
ro all being solved- in successful, (tores. Entertaining fiction dealing
with the sentiment and drama of storekecping, anecdotes, verse, pbor
tog-aphs, news of big movement for merchants benefit three
pleasant hour of entertaining, helpful reading in every issue. Sub-
icnuuon P"- V Mnu.a,eopy,unc UULLAK a year (24 iituc).
Just slip a dollar into an envelope, with your letterhead or name and
addro plainly written, and it will be aant on the first and thirst
?XtoStlKi?!3! 'wJLS!yiA?f?.M "'!,fcM' -S
tfj;;'r r 3- h-i? cniV s u . -.Nt n ".'.-: t;-,-c" :Trrs: . "'?""- ' j ;r?
'" i.'n' i J t-'fi4,''. .T'ri . ' a n"Pi ' . . ,' '-,Tf,
" "1 'jwpjlsjsjsjisiissass.t
v i c t o r y
At Chateau Thierry and in the'
Argonne the 28th and 79th Divisions
composed largely of Philadelphia
boys gave this city cause for great
and everlasting pride.
Philadelphians are now afforded
ait opportunity to express their grati
tude in A practical way by substan
tially supporting the Victory Loan.
To assist in this work we place at
your disposal the same efficient 'serv
ice extended to the public durihg
' former Liberty Loan Campaigns.
. , We shall be glad to purchase for
your account Victory Bonds of any
denomination, Payments may be
made as desired weekly, monthly
or in full.. i ' ' ' A
LOGANTRUS'T COMPANY
1131 Chestnut Strdet
f
-Member ff, Federal Reserve System
West Philadelphia Qfflco Fifteenth Street Oftive
b 6324 Woodland .Avabuer r 163i North 15th Street;
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