J'--ipj7 iWPM p. '5l i.w. fiyBNINGF PUBLIC -LEDGER PHUJADELlPHlA,. MONDAY, 'ATRITJ 31, 1919 ". t 'lfc m m: V -s ir. ra .' GOSSIP OF THE STREET ' i & IS- r I. I"1 litJ' w IVf l! Si, hi 31, '4 l.&L. I Iff IV ID " Itfh " rf' I' It l MACHINERY OF BOND HOUSES TURNED OVER TO HELP LOAN p,f' Sales Forces to Concentrate 6n Victory Drive Until Campaign Ends Gossip of the Street r BOND and investment liousei hnvc virtually turned over their whole machinery to the Victory Loan. There will be little 1 anything in the ivay of regular business transacted from now until the campaign is over. Within the last few days the enthusiasm over the loan lias been ac cumulating, nnd today will witness such n burst that, according to many in the financial district, all previous efforts along this line will palo into Insignificance before it. Among the wiser heads there is a fear of auper co'nfidenco on the-part of the workers. They argue, that there is a lot ot nelHng in an issue of $4,500,000,000 ot bonds, and that while subscrip tions may pile in during the first two or three days at a record rate, it is the days in the middle of the campaign that try the patience and courage of the men nnd women workers. A banker remarked that Dwight W. Morrow, of J. V. Morgan & Co., at a meeting of tho wholesale dry goods committee in New York, was right when he said : "The Victory Liberty Loan is going to be n very great test for you men. It is not going to be easy to get the bands to play In the same way they1 played when soldiers Were going over to France. It is going to be a test of character that didn't come while the war was on. Can we go on when things do not look so bright, when we arc not stimulated by the greater sacrifices that younger men are making? - "Your work of the next few weeks will lcquire what some one has called '3 o'clock in the morning courage.' There won't be nny glamour about it. Your task Is to be the discharge of a sacred obligation to our own soldiers and to our allies." Bond Houses Will Not Solicit Business During Drive While bond houses and institutions will not solicit business during the .Victory Loan drive, some of the larger institutions believe there will be n better over-the-counter trade than during any previous loan peridd. At tho moment the market appears to be at n standstill as far as it shows on the surface, but underneath the surface there seems to be an insistent de ' mand for the better class of high-yield investment securities. This indi cates an abundance of funds nnd is at least one of the reasons why it is expected that the Victory Loan will be largely oversubscribed. The other reasons are that the Victory Bonds are especially attractive and are expected to sell at n premium; but best of all, the public appears to be in a mood to finish the job. . , The western market bond houses, it is said, arc turning their sales forces over to the government, and in nil centers there is much enthusiast in the belief that the Inst loan will be n great success. With the Victory Loan begun and with the peace treaty nearly ready, investment interests are looking ahead to a bis market before midyear. Extravagant predictions are made by many concerning what the market will be for a long time, but it is believed in tho most conservative circles that much investment business will be transacted after the loan is out of the way. Next to the Victory Loan campaign, the signing of the peace treaty, which it is said also involves approval of the league of nations, is the dominant inilucnce in the investment market today. Jt would be difficult to find any one in the financial district who does not believe that n won derful era of prosperity is ahead of the United States as soon as peace is signed. Some say the change has arrived already. Conditions in the financial and business world find expression in the following opinions by local banking and investment houses : Frazler & Co. say: A general survey of various lines of business would indicate n most remarkable change of sentiment in the last two weeks. Many lines of business which up to that time were absolutely dead are re porting a very considerable volume of orders. We believe that the tide has turned and that from.this time on we will begin to approach a period of great prosperity. Chandler Brothers & Co. The apparent close approach of peace set tlement, the confident belief that large business expansion is imminent, the exploitation of nil securities that passed prosperously through war into peace and the favorable announcement of conditions governing the Victory Loan flotation were the basic conditions upon which the continued buying of the above mentioned shares was conducted. There seems every fitness in the selection of the oil nnd motor nnd equipment stocks to be leaders in such a movement, as they are sure to participate very generously in the inevitable expansion of these departments of industry. There should also be notable gcowth in the electric shares, Wcstinghousc Electric paying 7 per cent upon par $50, is very cheap around current prices, 47, especially as they are known to have very large unfilled orders and nlso because large accumula tions of earned dividends must soon eventuate to stockholders, benefits from the large earnings of recent jean, much of which has been used to increase productive capacity. Butcher, Sherrcrd S. Ilansell War automatically made the United States the financial and business center of the civilized world. To hold this position of leadership in money and business mutters, now that Great Brit ain, France, Belgium, Italy and the neutral headquarters for husiness nnd f finance in Europe ate again approaching normal, will require every effort of our business men and financiers, together with the heartiest co-operation of our federal government. The recent course of the stock market would seem to indicate that an increasing number ot people felt that our representatives in AVashington are about to realize it is necessary for them to enact wise constructive legis latldn, if we as n nation are to prevent business and financial supremacy from slipping through our fingers. A stern chase is n long chase. If we once lose this fortunate position it will take lis manv jears, at a high cost in money, to regain it. Will our public servants in AVashington be wise enough to meet the situation? Jones & Baiter say: William C. Redfield, secretary of the department of commerce, has written to us, saying that "the condition of the country is sound, the number of failures small. "The bank resources were never larger or more liquid. Ameiica stands firmly on her feet without fear of the future. We have a great loan to face and heavy taxes to pay, but we shall meet them fearlessly and successfully and In a few months shall find that our faces are turned toward a bright and prosperous future. ' "How can we help, each of us, In this period of reconstruction? One way is to talk and act as optimists, for the chief thing needed is confidence. The profiteer has no place among us now. Go after him wherever you find him! He it is who plays into the hands of the Bolshevik. He it is w.ho provides a basis for the I. W. AV. "Do not try to sustain prices for the sake of large profit. That pro longs the agony. That prevents the return of confidence. It is better far to lose something for a month or two than to prolong the hesitation for six or eight months or a year. Business now faces an opportunity for a ' sacrifice temporarily, of personal profits that the greater gain may come 1 when the, buying movement starts. Business can aid the buying movement, 3c pan stimulate it, can bring it nearer by letting the public know it will be ", met half way. "There is no doubt, humanly speaking, that prosperity lies ahead for America, but there is yet an unsolved doubt as to what use America will make of her prosperity." , A. B. Leach & Co. report: The Union Light. Hent and Power Com pany shows forIarch hn increase in gro9s income for bond interest of more than 27 per cent over March, 1018. The most satisfactory feature of it is that there is'n gain in the gas department as well as the electric depart ment, which forecasts a strong showing for the remainder of the year. Gross earnings for the gas department inci eased 10.28 per cent: electric department, 11.23 per cent; water department, 8.14 per cent. Net earn ings of the gas department showed an increase of 31.07 per cent; electric department, 22.11 per cent; water Uepartment, 00.30 per cent. Heclier & Co. AVith the news from Paris highly satisfactory, indi cating an early settlement of the peace problem, sentiment in'AVall street is rather cheerful and there is confidence that the forthcoming A'ictory Loan will be well received bf the public at large. Xo further disturbance In the money market is expected by the placing of this issue, whith should give a basis for renewed constructive activity in the stock market. The leading ste?l, copper and equipment shares should be bought on any leoction. Henry Dolierty & Co. report : The new Cunard transatlantic liners will be oil-driven, accoiding to an official statement by the Cunard Line. This illustrates the intense effort the great British shipping interests are making to hold maritime supremacy. The New York World's London cor respondent has been informed that the Cunard Line has considered con verting the Aqultanla, Mauretania and other ocean leviathans from coal to oil burners, but that the cost of reconstruction, as estimated, is prohibitive. AVith the Russian and Rumanian oil fields temporarily closed and nine tenth s of the British oil supply coming from this side of the ocean, British interests are trying to secure American and Mexican oil supplies by long term contracts running into large figures. The 'Cunard and other associated companies. It Is understood, now have twenty-nine vessels in course of construction. Most of them are of standard 'type, 20,000 tons, and are built to carry both passengers and cargo Tliey, are alii being fitted with engines which can be driven either by oil or coal. The' alternative is provided because of tho uncertainty of readily acquiring the necessary oil supplies. The example of. the American shipping board in constructing oil burners for some time has been closely watched by British shipping Interests. 'i r r If k 9 Filter I T .24 iWf - p 'f Its' Lis IBV 0. HI" &i a IfV 15 hv STEEL PRICE TALK HELD UP Illness of Robert J. Lovett Prevent Resumption or Negotiations i Wathtaflou, April 21. (By A. P.) Resumption of negotiations between the Department of Commerce's indus trial board and the railroad adminis tration over the standardization of steel Cprlces was plannod'for today, but was ' postponed because of the illness of obwt 8,. Lovett, ont4 ofvtbe repre sentatives ot (Director qenerol Mines., f' GOVERNMENT B0ND8 l'anamo. coupon imt ivon uv J'an&ma reilBiera za. iubb, Panama, coupon Si. 1838..., Panama, registered 2i. 103S. E GARY SCORES Outside Stock Prices Philadelphia Marhets. OMPefrult, per berrlee Florida. boi, 'ffJo straw. Offer Extension on Mortgage Bonds per quart. 80SBe ,, , .. ,, ,, , ,, i ne rttinnur iuy jiauronu vonipany t H1NESS PRICE RULING Railroads Would Have Benafitod by New Schedule, Says Steel Corporation's Head (April 21 1010) The followlnr table show the reef re corded aal price and rtatea of transactions of bank, truat company and various local atocka aaldotn, and In aama eaten never, deal In on tha Philadelphia Stock Eichanse. Quotation compiled by Oarnta & Lofltndi ntaks mrlcan Bank . .. MS Bank of Comemrce . . 12fl., Hank of North America 2o'4 Ilobolten, N. J., April 21. Discus Ing the controversy between the rail road administration and industrial board of the Department of Commerce over steel prices, Libert H. Gary, chair man of'lhe board of directors of the Vnited StatM Steel Corporation, told Its stockholders at their annual meet ing here today that if the railroad ad ministration had accepted the judgment of the industrial board as to prices for steel products, the railroads would have benefited to a large extent and business would have been stimulated. He said that the business of the car riers would have shown imnrovement. and called attention to the fact that last year the steel corporation had paid to the railroads .$180,000,000 in freight charges. ' No criticlmn to any extent had been made, he pointed out. when railroad freight rates had been in- creased. The refusal of the railroad nrlmin. istration to accept the industrial board's prices, Chairman Gary characterized as a misunderstanding all around ' be tween the steel industry, the board and trio railroad administration." The controversy had been, however, between jne two government departments, and if there wns any blame attached, "the public will no doubt place it where It belongs," he said. Stating that he based his opinion on statements given to the public by the railroad administration, Mr. Gary said that there seemed to be "a radical mis conception" on the part of the admin istration as to the purport of the ap pointment of the industrial board and its activities. ( "The railway department," he saia, "seems to have acted on the supposition that the industrial board wna nnnnintmt for the purpose of enabling the railway-i uepartment to purchase commodities at prices satisfactory to that denartment tegardless of whether they are fair or unfair to producers." nr n , ,- " wuij -men uceiarea mar it tins the belief of the great majority of the steel trade that the step taken by the industrial board in respect to prices was In the right direction and that the position taken by Director General nines' in dccling to accept the prices "had very materially interfered with business progress which wn in evi dence at the time." He appealed to stockholders to judge for themselves whether nny enterprise was more concerned in prosperity than the railroads. He Mild he would not attempt to fix the date on which Indus try would return to normal conditions, but the date was not so important ns the fact that it would return. "The man who believes," he said, "that this country has gone iuto bank ruptcy or lias entered upon n period of depression which will end in disaster or is going into such demoralisation aR will prevent future progress and pros perity, is the man who does not posse", himself with facts and figures." Judge Gary announced that 1,270,270 shares of preferred and 1, 040,1,44 shares of common, a total of .",,210, 014 of all stock, wns present in person or by pioxy. The attendance was somewhat laigev than usual, about sixty persons being piesent, among whom was one woman. The stock ledgeis submitted to the stockholders show that the Bankers' Trust Company, which is the deposi tary for the alien property custodian, is holding more thau 300 shares of pre fened and moie than 10,000 shares of rommon for the goveinment. irroad fHr Centennial National .. Central National Corn ExehanieNafl... Etuhtli National Parmera A Mech Nat.. first National Kourlh Streot National. Fox Chaae Franklin National Oermantown . , , Clrard National .... Kenalmton National . ManaMink National ... IfKJ,.,-?t' National... JHJdlo city Bank. . . SJf'iSn! Security Ninth National Vaih D& Northern Na'ticnai' no -7.'i 41S S7 139 170 215 310 121, nn't 114 in-, 3fln isn 442 340' 12ft 200 Northwaatern National 401 i tj"n "aiionai Philadelphia National.. Quaker Cltv National . 2"""ia Notional Sixth National Roulhwark National ... yu,iiw-rsiern national. 170 3o4 130 317'i 202 IBS'! 11(1 J20 nr'i 250. 2M1 2tO 45 Tonth National. Textlla rjaftnn! Third National.!!.; . ii.oiimwii National union Not onal Weat Phlltdelphla... Trust Companies Aldlne Truat 180 Belmont Truat 85 Central,-Truat A Sav.. 88 Chelten Truat 149 Colonial Truat lois Columbia Ave. Truat... 201H Commercial Trust..... 400 Commonwaalth Truat .. 230li Cont nental-EoultTruat Emp r Titto 4 Trut.. IT, Excelalor Truat SAW Federal Truat t25 Fidelity Truer B21V4 Fir. Co of Pa. 1st pref. toft do 2d pref instt Frankfort Tmat 177 1114' 2l7i IR ROSI, 120'4 12 1 inn ai, 17 22S'a SOU 4S'4 101 1'. '! 1st no ss'5 soo 200 2n lao 7on HI 140 10 Date of List Sale Mav :. MS in 10 10 14 17 lt 'IS 'IS 'IH 10 'II '111 'IS 'IS 'IS 'IR '1 IS 'IS MR MO MR 17 MB 1 'in M7 in M7 10 MS MR '17 IR MR MO Franlelln Tni aermtntown Truat Olrard Ave TAT. .. Olrard Tniet Ouirantee Truat Haddlnarton Title A Tr. Hamilton Truat nolmeenurc Tnut .. . Inluatrlal T"ust integrity Trust Kanalnatnn Trust . . Land Title & Trust . Liberty Title A Trust . Loran Truat Manayurk Trust Markot ft Title Tr. Merctanta Union Trust Mutual Trust Northern Trut North Phlla Tnut ... Northwestern Trust... Pelham Trust Penna, Co for Ins etc... Peole'B Trust Phlla Co for O Mtces Philadelphia Trust rrovinent iire A Trust 431 Real Estate TUT., 3.JV1 rtenl Estate Trust com '0 do pref n7H Republic Trust flJ'4 ntttenhnusn Truat ri", Tacony B D T A T..J. 240 Tloara Trust Rn I'nttert Sec IHT... inn Wayne Junction 7.5 Wot Find Trust len West Thlla. T A T.... 147 T.lfo Insurance Companies Olrard Life Ins R14 Mar. Philadelphia Life 10 Apr Fire Insuianre Companies Nov. R. ' Apr. . ' Feb. 2R, ' Apr. 22, ' Nov. 14, ' Apr 11, ' Dec. 21, AUK IIS ' Aug. 21. ' Feb. 4, ' Oct 11. Feb. 2H, Oct 2. Not. R (let 2. Dec 12. .Ian, 29. Oct 2, July SI, Nov. 18, Mar. ft, July XI. Dec. 2n, Feb. 2R. Apr. n, Mar. 12, Nov. 14. Nov. R, Oct. 8. Apr. IB, Jan. in, July 81. Sept. 12. Dec. 24. Jan l. Mar la. i Feb. Jan 17 Mar. 12. Sept. 2. Oct, 2. Feb. 27. Mar. R. Nov. 17, Jan. R. Feb. 4 Apr 9. July IR, Apr. f. Oct. S. Feb 4, Jan 23. Jan, 22. Oct 2, Nov. 8, Feb 2. Mar. 2. Dei- IR Jutv .1 Julv 3. Not. 11. Feb. in. Oct. IR, Oct 2, May 1ft Apr. ' Mar 7, Nov R. Nov 27, Mar. 2fl. Oct. 30. Pec 12, Dec 4. Apr. . Oct 24, Mar. fi, Mar. r, Apr. . Jan. 22. Nov. 20. Feb 20 Mir 12, Autr 7 Feb. II. Apr. R Feb R. us. 2R Feb 1 tan 22. Jar 15, GRUNLAND FLOUR WHEAT - Itecelpts, 10.5 974 hush-l ,rflo"a ruled firm Tho quotations Car ' -" ...viu. nu.'.t.ii.r... ...nun.'. nspectlon standsrd prices No. 1. red wintr. S2.89. No 1. northern serin, 12 89: No. 1, hard winter. 12 89; No. 1. red winter, rarllcky. 12 37: No 1, red amtiftv. S3 9A Vn n ., ...H,.. 11. .. 3. northern aprlnr.' 12 3d No 2. hard winter 12.38. No. 3. red winler, narllcky. 2 34, Vo. ? "d. amuttv 12 83. No. 3, red winter, J2.S2: No. 3, northern sprlnr 2 32. No 8 ftrd 7ln.tJr. ,2 ,-f- N 8. red winter ar llcky. S2.80: No 3 red smutty. 2 29, No 4 red. $2.30: No 4 aarllckv. 2 2S. No 1 "muttJ-. ,2 27, No. 4 gfirllckt. smuttt 5r.-s2- S- J' " '2 " a. wrllct, IJ5B. No fi, imutii IS 23. No 8 fcarllrkt smutty. 12 24 cort.v vcueirtouco offpr, tf) Cltem firRl mortgnKC 5 1h market was generally firm on rholce ,IPr , . i,nI1,ia mnturtnir Mnv 1 IP.H1 ock for which there wajt n fair demand l ',pr ' rnt """'IS, maturing Jin.v I, iimu, sii that they suail mnturp Aiav l, lirai, subject to redemption of 103 and ne crtiPil Intetcst on May I, 10124, or any subsequent interest period. The In terest rate on the extended bond is to be rU4 per rent, Bonds must be de posited before May 1 at office of Drexel & Co. Payment of principal and in terest will be guaranteed by tho Head ing Company. Depositors of bonds will be paid $23 for each S1000 bond deposited. stock Quotations While potatoes. Jerv. kushel basket No 1. fir,B85c No 2, f,0 nnc Whllo potatoes Maine per 100 lbs $2 250 2 110 White potatoes. J'ennsvlianls No 1, per 100 lbs $J 255f 2 r,0. White po tatoes, New York, per 100 lbs, U 2o62.40, White potatoes Delaware and Maryland, Hooaler, per 100 lbs, $2W2 2ft Aweet pota. toea, Jersey, per basket No 1. $2 2ft92 ftn. No 2 $1 7ff2 fiweet potatoes Eastern Phere per bbl No 1. $fisfPR ftO flweet po tatoes Delaware and Maryland bushel ham pers No 1, $33 2.5 No 2, $22.25 Csb bsi Danish aeed, per ton. $70, do, south nrn. per hamper, $2 .intra 50. Onions, jel low. per 100-lb. bar I3?T4 BUTTER, EGGS AND CHEESE nrlnl 4"ri I....I..I. T.V.. . ket wns aea n higher, but trade was nulel Me Quoto tellow in car lots for local trade, as to nullity and location, at $173mi 'i per bttshel OATS rtccelpt s 11B2 hu.hele Trie., fur (her advanced H under light offerings hut there was llltte indlng Quotation" Car Irtt on in nna I nn V il ...uli -nl on- atnndard white. 7B(!f7nIjc No 3 white 7RW I e I"0'""1 ."."' .V III III Oil" 1 " J V' 1l l- I , e lork, April 21 HLTTErt Itecelpts. n7R0 tubs Market easier. Higher scoring flUreVjr extras ntfliot'jc firsts 2 J 'R.l'tr. seconds ROSfOic. state dalrv, M'4 5f (,1c. imitation creamr. 4R1Bc "ns Receipts 2 33S t'ases Market ' firm Fresh gathered extras Kl's e47c storne picked extra firsts 4bi "3 4flc atnt ii'ivc gstnereu ex southern firsts AiSt UPRINO RRSORTS ATLANTIC ntTY. K. J. I ' ' M TIE t- BLACKSTONE VirUi av. lail ih ), vrlBing tW Kiwi fit. Cepacia? lot?. Etary tamea, camian aa aaiarvaBi. sn watr num. im nim a. aiaat attaefce-l. A marks aaJ tmtvpmn A..ta baa at If da. Eatfralr ww MaBuaaaaal. I. C. WOOOrOlP, rrafriatoc pkaj. HOTEL BILTMORE (Formerly IVealmont) Tthodo Island Ave, Near Doordwalk All outside rooms, aultee with bath. Orchestra DJnclng. Capacity 250. Hot and cold sea water baths. llndr new management Mt.TMORR IIOTr.I, COMPANY BAR SILVER . f'ommeiual bnr silver taa minted in Alliance 21 I-Ire Aasoclation 3-Mi'i Franklin n Independence Securi y . 21'i tns Co of North Am.. 20 Ina Co of Stste of Pa. si Lumbermen' a lno Mechanics' 7.5 People's National . .. 20 Reliance .50 United Flremen'a 12 Passenter Railway Camden Suburban .. IS Citizens' (loth & 11th). 273 Cm.tlnental ?M BUSINESS NOTES llT .214 snt? 7't 200Vi -MS 205,i rwl Jtr Tlailllnirtrtn. . . .. 4 Fifth Sixth Sts .. 24 Oermanfn (4th . 8th) 01 Hestonllle M P 32"i rtian Jb Cnat. Sts . . 117' Philadelphia City Philadelphia I Parbs.. Phlla, Grajs Kern... Rldgel Ave SernnH I Third sts .. Thirteenth Jt 1.5th Sts I'nlon Passenger 150 West Philadelphia .... mi Railroads Camden & Burling Co. 30 Cataw'lssa 1st pref . 43 do 2d pref 40 Cheatnut Hill "J,. Delaware 4Va Del V nound Drook.... 155, East Mahanoy r,o't East Pennsylvania . nS Elmlra Williams torn f.n do pref Huntlna: & B T com.. do nref 1? T.ehlgh Vallev pref .. 12n T.lttle Schuylkill 44 I,kena Vallev .. .. It , Mlnehlll A Soh Haen . gl ' North Pennsylvania... JO Phlla Trenton . . ms Phlla Qtn Norrls ... If United Cos of N !.. . IRS Wesern N Y t Pi. . 10 Miscellaneous Apr. Mar Apr. Mar. Apr. Apr ept. Nov. Dr. May Apr. Stocks Jan Aug. Mar. Oct. Aug. Apr. Julv Mar. Juno 1'eb Dec Ian No. Alar. Mar. Dec Mar. Panama, .coupon 8a, 1981. Jtaiarea ; . 18M. Pani fhlll inn rei Ippim atared 3s. 1991., lhlllnnln 4s. lOSft -:':::': :r :i;i" , rniuppins tt. moo,..' U 8 Oov coupon 2a. 19DA. . . . , , U.S Gov registered 2s. 130,,, U a Oov coupon 3a 198 U H Oov registered 3s, 1949... U B Oov coupon 4a. 1926...,,. U a oov reglatsrtd 4a, 1925.,., 10.5 P ot Columbia 8-03a. 1924.,.;. 07 Foreign Exchanges 'Closed Today ivonuon, April si. -4110 piock ex- Ask 1 . ns',4 . . .Vi sn'i, ..87 02 .. S7 m . oo ns I . 0 B(l . 90 9 . fas "H . 2 998 . SO 2 .. 92 10SU lnU 100 The jolw probably will be held rhame here and the produce) iiidcottosj 'Demand for cloth and clothing ma terials is growing broader, and buyers are more anxious to place orders. While economic conditions throughout all Ktu'opp nre grave, the clothing demand there has been better this week. Bids "111 be rerelted May 5. at the office of the 1'nited States shipping boaid for twenty-fire of the M500-ton type of 5vooden ships. 1310 V street, N. W. "Washington. D. C. Successful purchases may tiansfer vessels to foi -eign register is deslied. It has long been known that white paper could be made fiom cotton. The announcement now lomes fi 0111 'AVash ington that it is also 1 ominorc iall pos sible. Another use thus appears for linters to take the plate of war's de mand for them in manufacture of ex Rumania has placed an order for cotton goods with Canadian mills amounting to about $0,000,000, which it is expected will be financed out of the credits granted by the I'uitcd States. Canada -will buy the cotton ot us to ptoduce the goods foi this ordei . A foreign trade bank to serve the Mississippi valley is to be established shortly in New Orleans, according td a statement made by an official of the Meicanttle Bank of the Americas, of Vew York, yesterday. It will also be known as the Mercantile Itnnk of the Americas, a direct branch of the patent institution in Xew York. Announcement has been made, by C. H. Markham, regional director of rail roads, that beginning May 1 the Phila delphia and Reading Company's coal fleet will be operated to New England and other ports from Port Richmond, Philadelphia. J, R. I j. Hornberger has been elect ed 'vice president and comptroller of the Pittsburgh Coal Company in charge of accounts, taxes and Insurance, with headquarters In Pittsburgh, nnd M. 0. 0. Weitrell has been elected vice pres ident in charge of Ohio and Kentucky mining properties and operations, with headquarters in Columbus. Hearing on the amount of compensa tion to be allowed the San Antonio, Uvalde and Gulf Railroad under gov ernment control began today before the Interstate Commerce Commission. The road was dissatisfied with the compen-, satlon offered by the railroad adminis tration and exercised the right of1 ap peal provided in the federal control act, The Chicago, Terre Haute and South eastern Railroad case, the only other of the kind ,to rsaeh 'the Interstate Commerce Commission, will be heard Am Pipe A Con Bergner & Engel Brew do pref . . . Brill Co . . do pref .... Te L.onr Hook Kve.. Bnterurlao Mfg Co ... Keyatone Watch Case . Merchants' Warehouse. Mulford H K) Co . Northern Liberties GaB Penn Traffic Penua Rait Mfg .. Penna, Cold Storage ... Penn a. Warehousing . Phlla Bourse ...... do prof ... Phlla Warehouse . . Phlla Whs ACS Stetson J B . An nref Westmoreland Coal 12 .5 2 r, .".'. 70 no llR'i 8.5' 13 100 19'I l.'O 150 7SU Mnr. Apr. Feb Tan Mar. June Aug. Nov. Oct. June Fe1! Feb 5Isy Mar. July Apr. Feb. Mar. Feb Apr Feb. pr Teb. lec ' Apr. Apr. Feb. Jan. Apr. Sept. Apr. Jan May Apr. Mar. July Mar. Feb Sept. Sept. Apr. Jan. Mar. 30, 2t, 1. 1, r, 14.' 10, If), 27! Ill, 12. 2R, ID. iSisc. No, 4 white 7BWO,77'sc I FI.OUn Receipts, :nn barrels and 2 314 1 PRJ lbs In sacks The market was quiet hut firm Quotations follow To arrHe. per tun lbs In 140-lh lute sacks Winter! straight, western 111 .5071 1 "IS nearby I Ho-iK.',. r.i.-'J'IVoVf.'.V;- Ir",.Vi'..'; whites 443ic state, and nesrM he.mer . at, t - -w- s- "L- J2 -. 1 I hfoisrnl patent lumcfti, tlo patent, 12rl?12 25, do. frst clear. $10 2.510 05. H.YK FLOUR ruled erv firm, hut there We quote at IB 25JJ9 78 434ri northern Arete. 43ir44lo dirties. No t 3!)r40c dirties. No 2 34i6,alc checks 3S80c checks, undergrade HJ5M70. etato and nearbv hennerv v bites "l."2c gathered whites 450c Pa' Ifli coast whites 4sfT49c western, southern ga'hered was little trading per barrel In sacks, ns to quality. PROVISIONS browns. 47C4Rc. gathered browns and mlsad 6olors 48B44C , , CHEESE Reo-lnts 1S3 boies Market firmer Whole.mllk aperlala 34V3PC Hat whites "12U SSc. nat, colored a-erage run SlHWSlc flat whll ea aerege run. 32' c outside twins special", Sl'i !T.12c The market ruled stead with a fair Job blna- trade. The quotations are ss follows I Ueef. In sets, smoked nnd alr-rirleri 4Se! beef, knuckles and tenders smokes and air dried. 4,p: pork famlb. t.5'JSH3: hams H. cured, loose, 84B34'4c do. skinned. GRAND ATLANTIC . .. . , . . , nil' irainia iyt n-sr noarnwaia ana ceniar OL New inrk today at SI 01 ' nn ounce, 1 amusements Pruato hatha. Running: water nmhanrnl ln rooms. !Cleator. Table and atrvlc dls- uncnanKcii . tlnctlis features 13 60 up dally. Special A"iQ rnaeis train Y. r. F.nrcATioNAr. wkly. Capacity nO. Bklt, ownership management. snAW. Both Rexe I HOTEL NEW ENGLAND So. Curollna v and Bench! central loea.1 Amr A European plana: prlr. hatha. nin'K witer In ronma !ator, line porch ta. Capac. 8S0 Hfnionable ratei II H.WIUI&mav MIOKTIIA.M AND IIOOKKKKPIM; Our craduataa era ln conntant dprnand Good paj Inr positions await ou Oresc Shnrf hand, the easy, speorlv ayitem Complete n.KM uaesep inienrtiveAtraininiTti , urvTPi ADCtrAM VJnaiNIA AVEL nroii any limp .bh Dr wni ' iiviaUb raUiJUWll ivn nvirtn j'liii.A. in niar.tn ui.i.i.tii tBKiwa. "-""-:" V -" . nnd uoiiejre or rommwi 008. 344 8Cc: 4o. do nmokPrt. aU ostai hams, 8. P. can, 37t MO n j1 iU. piss. LIVESTOCK QUOTATIONS Chicago. April 21 -"Oasnripts 11 nno heart ctle mostly 25JfR5c hlrljr than PAturdiv's "erige Bulk l-'J".8? ?n 7R he ivy. t20H1iiT2nRn medium J20 45 nu 1 gniweignt, ;n wuf.u i'i ""ii" 118 7f 20 2. heavv parking sowa 20 2.5 packing sows, JtS 7.5(ffi 1! "cATTLE-necelPts 14.0nn head Best hef steers slow, steady: medium grade feed ers and butchers stock. llUJJBc higher. r. n..u .... I..vi. l,i.f teer Ih market was quiet on a bash of Vl I choke and prime. J17 00020 2.5 medium for fine granulated nrt Kna jii5naiS25. rommon 11iW I . . Tr. ,i. uaai ). trnnrt snrl common J1.5 25W1S50 common and medium $10 B5 win 75 but. hr hclfera ts M IS 75' cow s. ss 15(ii IS .5(1 eal cahes $13 .50 wis so HHHF.P Receipts L 0(Ml slow bids uncenl lower Inmbs sold 2'l lower bolted, boneless fiOc. picnic shoulders. vu,cu iocs? ,c: no smoKea s in pickle, looso. 3nc, breakfast ba o. lard. 31c, RERINED SUGARS 1017 Chestnut HI., Philadelphia Arr educated gentleman will gle Instruc tion In Klnthematlcs. Science anrt Languages I School and college ntudents prepared for ftnat examinations French pronunciation a sreclallv t.flck of splf-confldence oercome Box 005. IMrland Adv. Agcv . Atlantic City. 1 Te&ehera Wanted Poaltlons waiting Free ' l . n nw f'nllar. m n t .'nrninl wn,,,,... Inim 11 ,.,1 vi.i. ..... ..... ...n. n.a.iu,..... 51ooern learners iorwu. ni .nwruft STRAYFR'S The B,,t Business 6chool' J " E,w' J 807 CHESTNUT ST. Hlrschhatim School of language and Bureau nf Translation. Inc.. IS24 t bestnut HI. I conenlences rates. Prhate baths: $3.00 up dally: apeclal wsaklr O. D. I'AINTKR. Try CLARENDON HOTEL 1IROIMA AVK. NKAIl BEACH All rooms with hot arel cold running water Private Baths 55 rite for nates nnd Booklet. ?! TRAmORE AiuinTcaiYl . AWJRUBCKErVrmanELSUQClSS DAIRY PRODUCTS CHBn8B The market ruled stcadv with -fT'rx? dmind. The quotation were as follows: New York and 5nshlngion. whole milk, current make.SJ 33c New l'ork and l-AW'l'. whole-milk fancy held 37S1J3SC. ly;.7ui-.in i .' -"" mil ii, ..isuunsin, rwnnleMrilik fair to good .15&.1hp HUTTER -Tho market ruled slead, wlili ...i--. S',.1' I0,ln" limned ort-rlngs lino LVv? Solid-packed creamerv. extras nvic iiKiiei.nujniif ROOUS head Few Very shot n 8PBINO RKSOrtTS rocona Ialtp. LAUREL INN ,w.niBt' er. prlvata LHUiuuuin trout streams. Spl. April 4 May rates. Bklt. A E HF.nniC'v. Proa HOTEL EDISON Open: 5ated. Michigan Afro PACIFin ATFa new management. Thoroughly reno Amer & Huropean. Spec. Easter ratea Westminster t0 st,. nym baths, run! water. $12 50 up wkly. 12 50 up dally. C.Buhra HOTEL BOSCOBEL Kiiuek y a v. , open Thoroughly heated Bklt. E.B Marlon. uS',1 68'4c the latter $11 soffit lower top. iS2 blnr l". extra firsts. 04e: firsts, ";' sreonus, tiuwuic. sweet creamer. rholee o fncv. fl7'489'ic. do fair 10 good, 120tlc fancy brarda of prints J, blnjr at 72iRir4c. fair to Rood (11070c touH Demand was falrlv acthe ami the market ruled Arm, with supplies well under control Quotations Free cases, nearln 5r 2u 1'" fc'n Per crate: current receipts, .'3S2' t-rn extra firsts, $13 20. firsts, $12 90, fancv selected eggs Jobbing at IS 50c per dozen POULTRY I.IVC- Tho markst was dull on nc count of the Hebrew holiday and prices wcro unchanged. The quotations wern as follows row a, 3738c. brnillnir rhlck. ens. fancy. soft-mcHti'd. weighing 14 z lbs. apiece. .50 55c. spring chicken-, soft-meat-cd. larger sires lln40c: ataggy oun roosters .'031c' old roosters. 2027c: iX?, ' lkln ls4.5c: do, Indian lunmr. i?Sllc' . 3:. Pigeons old per pair. o!1ll'i'.ot,S.".. """K tier pair. 4550c DBLSSEOnccelpIs were 1 ght and the market ruled firm with demand rqual to the offerings Quotations Fowls fresh-killed dr -picked In boxes Weighing .5 lbs snd per apiece 3c, weighing 34 1V4 lbs, Z'.eJl't'$.ln. 3 lbs SlIWHic smaller sres 3034c Fowls, fresh-killed In bhla . fHncy, drj.plckeii -Weighing .5 lbs and mer apiece. 8,s:: ,-t'hlnB dt 4V4 lbs . 3pc smaller sizes. 303!o Old roosters dr -picked 27c. Spring ducks. I.one Island 4(l48c. Pquaba. per dozen White weighing 11 to 12 lbs per dozen. $8 7.500 60 whlto weighing 11 to 10 lbs per dozen $7.75SrR r,0. white, weighing 8 Ihs per dozen $505 50 white darl $t 5n2: email ind Nn 2. 75c$' weighing 0 to (lb Iba per dozen, $33 50. FRESH FRUITS There was a fair Inquiry for choke stotk and alues generally were well sustained un d?r moderate offerings The quotations Apples. New York, per bnrrel Baldwin $3 fl 10 50. (Ireenlng. $S12 Hussets $7 50 Apples. Pennsylanla and Virginia per bbl Ben Davis $7(ffll 50- tlanr, 7 .5nfTi.fi .-.11 '18 1 Wlnesan, $10 5clr 1 1 50 Apples, western, 10 . per box. $4 7.55 25 Lemons, per box $2 511 ii;h.i uranges. riorlda, per crate. $2 115 7 40, do. California, per box. $. 155 75 12 '10 11. "Ill 8 '11 19. '10 Pittsburgh. April 21 t A T I l.E-rtecelnls tonn h.nria Strong steers jinnji heifers, $12 :.n14 60. cows Cslxe. receipts 1200 heads HOOS Receipts 1rton hearts lower Heavies and hesvv vorkers $20 MV2H ,0 light jorkers $10 50020. pigs. $10 25 '".SHEEP AVD I.4MBS Receipts 5000 haads Higher Top aheep. $13 25. top lambs " J-Jist nuffnlo. N. V.. April 21 -CATTt.B Receipts. 3100 head Oood steers 25c higher light sick, 30c to 50c h ghr. Prime steers $17 25018 25. shipping steers. $1(1 60 Wilt 75, butchers. 1001(1 B5. carllngs $10 11150 heifers 814.5D. cows 4W13. bults $7 5nl2 50, stockers and feeders, $n12 fresh cows and springers scarce $(15 150 Calves, receipts. 8200 head. 0c '''hOOS KiJelpts 12 000 head Active Pics 25 hfRher other lower Heavv $21 2110 mixed $20 H021 porker, Jjn 00; llaht vnrkers and plis 0T20 25 roughs. J11W1-n stags. $121 1 sunnr ami i-ambs Receipts inno lend Active and higher ool lambs $17W20 5n cllpned lamhs. JlnH7 2i vear llnrs tin15 50 wethers $1.1 30 14 ewes $5913 mixed sheep $13(3 13 2,. St. y.uls. Mo.. April 21 IUHJS .Re ceipts in 000 heads Higher Lights $;n 20 "0 70 pigs $16010 35, mlxfrt and butch ers 520 202n 85. good heavv $20 75 20 0(1 hulk 20 2020 80 CATTLE Receipts 7000 head" Steadv Natlvo beef steers. $11 50 918 50 vearllngs steers rnd heifers. $0 5010 cows $10 5n 1150. stockers and feeders. $10115n: fair to prime southern beef steers $10t8: beefs cows and heifers $7.5015. canners and cutters, $5 507 25, native calves $7 75 1.5 50 SHEEP Receipts. 800 heart Steadv Lambs jn20 25: ewes $11914 50. can ners and ihoppTB. $430fij,11 Kansas City. April 21 HOGS Reielnta 17 000 head. CATTLE Receipts 13 nno head. SHEEP Receipts 17.000 head. South Omaha. April 21 HOGS P.ecelpts. 1,MH npsn -ieany lu iiic niKner CATTLE Receipts. 3000 head Steady to, strong I HEIIP-Rfreipts 3500 head 10c to 25: 1 higher ' 51 1. Poeono Hawthorne Inn nactlon wllh Inn Non-housekeeplig tot- I tages to rent In ,...- 1 Bklt 1. 1 DE.NOLrK capi: MV. N. J. 51ountaln Home. Pa. MONOMONOCK 'NN Mountain Horns' leading- hotel ted. nteam heated. Itatea reas Ideally o- Booklat. HOTFl. COLUMBIA cape mat. "- open Tor sea. 1 son of lOld at Eastertide Same manasrt I m,nt. J- W. MECRAV a BRfX OCKVN CITY. N. J. DEVON. PA. Wynburne Inn On Main Line. Espe. cfklly desirable for hunt. ness men with families. Rooms with bath at reasonable rates llanclnp Large grounds wide verandas Phone Berwvn 17 WERNERS VI LLB. " PA. SUNSET HALL 0lM,n " "ar- cnw OiHXOL.i nrtL.i ful home comfor,s. crisp, dry air: beautiful mountain walks Delightful place for Easter holidays NOT A SANATORIUM Writ OEO. 8. OAUU Mer . 5VERNER3V1LLE. PA., or Publlo Ledger Office THE B ISC A YNE NOW OPEN Steam hcaf, private baths. Excellent labia, E BLUNDIN, Owner and Manager. .- vfAnniNQToy. p. o. .1 Burlington Hotel I Less than five minutes from ercrythlnf. American and European Plans 431 Room with Bath, $2.50 to $5 WASHINGTON. D. O. smiMF.n CA5IPS RUMMER CA5IPS "Vacation Time" at Junior Plattsburg on Lake Champlain Young America's Greatest Summer Camp. Carnival of Sports Under direction of leading college coaches. Rowing, yachting, polo, aviation, baseball, tennis, all aquatic sports. Photoplays and motion pictures taken of all camp activities, including prize winners. "Train Without Strain" July and August, sixty days. Maintenance and training for full term $300. Membership limited. Send at once for catalog. A. Z. Smith, Junior Plattsburg, 9 East 45th street, New York city. 19 19 IR 19 in IS IS ' i 10 IB, '10 Tlil 4nti1 anneara each Monday In tha Evening Public Ledger.) Financial Briefs The annual report of the North Hiitte i Mining Company for the year ended De cember SI shows deficit after expenses laud ore depletion oliurRrs of S:!ll,070, against deficit of $74,74 in 1017. ! Hughes i. I)ier. members of the Phil adelphia Mtotk iMcnanse, nave openea an office in the Arrott Building. Pitts burgh, under the management of A. (t. Kecklein. Hended by Colonel H. T). Hughes nnd K. I). Dier. heads of the Mtrious departments in Xew York and Philadelphia oflkes isited tho branch offiees at Lancaster, , Hairisburg and Reading last week. The Philadelphia federal .Keseivc nank has been instructed to withdraw government deposits as follows, on April 22, 2(1 per tent of the March 13 loan certificates deposits amounting to $3,354,301) and 20 per cent of March IS tax certificates $002,5r)2, total $4,3-16,-811; and ou April 24, !0 per cent of March 13 loan certificates $8,030,341, and 60 per cent of (ax certificates $2,382,004, total $10,-132,345. The Philadelphia office force of Krnst d. Ernst, auditors nnd systematizers, has subscribed 100 per cent to the Vic tory Liberty Loan. The New York Subtreasitrr gained $370,000 from the banks on Saturday, I making a casn net gain since JTiday of $1,160,000. K. Marvin Vnderwood. general soil- I citor of the Seaboard Air Line Railway, j has resigned aud will become general ftolicitor of the United States railroad I administration at Washington. Gold Reserves at High Record The combined Federal Reserve bauka thow total gold reserves on April 18 of $2,162,157,000 an increase of approxi mately $20,000,000 for tho week and a new high record. The previous Record was $2,160,050,000 reported on April 4. The gain In gold reserves is ac counted for largely through deposits by the United States Treasury, also through transfer by the Reserve Bank of fs'ew York of' "earmarked" gold jlo FOR SALE United States Shipping Board Wooden Steamers S. S." ALVA DA" S'. S. "BAN AGO" S. S. "COYOTE" S. S. "RED CLOUIO" "WAHKIAKUM' "BELD1XG" "LATOKA" S. S. s. s. s. s. S. S, "LONE STAR" S. S."ALAPAHA" S. S.'NAMECKI" S. S. "BAGOSA" S. S. "BORMELA" S. S. "AOWA" S. S. -BELorr S. S. "KANABEC" S. S. "PASCAGOULA" S. S."CAMPELLO" S. S. "YEHAMA" S. S. "MANADO" S..S."MATTAPAN" S. S. "WAYCCAN" S. S. "LEWISTON" S. S." DANCE Y" S. S. "HARRISH" S. S. "AGR1A" These vessels are about 3500 tons deadweight. Fuel consumption approximately 24 tons per day. Sea speed loaded approximately 9 knots. They are suitable for coastwise and trans-Atlantic and trans Pacific trading. A .number of vessels of similar type have performed splendidly in the Pacific Coast sugar trade. They have been oper ated between the United States and Central American, West Indian and South American ports on both coasts. Their suitability to carry dry and perishable cargoes has been demonstrated. These vessels may be inspected afloat, on application to the office of the Secretary of the United States Shipping Board, 1319 F Street, N. W., Washington, D. C, or Room 602, 10 Broadway, New York. Sealed bids will be opened in the office of the Secretary at Washington, D. C, 10 o'clock A. M., Monday, May 5, 1919. A certified check payable to the United States of America for 20 of the amount of the bid must accompany the offer and bal ance of successful bid to be paid on delivery of bill of sale. Bids must remain firm for at least 10 days after the opening date. The Board reserves the right to reject any and all bids. Successful purchasers may transfer vessels to Foreign registry, if desired. Bids should be addressed to United States Shipping Board, Washington, D. L, and marked "Sealed Bid for Steamship (name of ship) ." United States Shipping Board f&l ,ffl 1 VJ m vrm I J 11 'If M "M -JS. 3J 31 ! 43 s J! 4 jif i WWia i it!) rwwc(vfluyHv, tft. '. t' ?firf- , "ivo. , '( -, ' ''"? ", ,' w ,v. BA-n 'rt ' - J, t1 -".. $A " - tt" x , v. . !) A ,. .Jilt; Ut "' ASS., JJ.j"!4 MfrykZwfl.: i61-::. snr.'K
Significant historical Pennsylvania newspapers