asss TlWi'ftffiret (' V EVENING PUBLIC LEDGER PHILADELPHIA, FRIDAY, "MAY' 2, 1919. 20 T , NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICBi i -.1 Tho market position of if IV tit s mu ',T V (I. S. STEEL is discussed in a. full page of our weekly Mnrket Review, which we will be glad to send fi'co on request. HUGHES & DIER T. RECORD-BREAKING TRADING ON THE NEW YORK EXCHANGE Mincmcnts If idr, llitb a Gain of More Than 100 Points (or 7V.vs Land Trust a FeatureTobaccos and Rails Rise Member f rhlla. Ntnck Kuchnniie X Chicago Hoard of Trade 1435 Walnut Street Phll.ulflphU J,evv York Otlrr 30 Ilroml !'(. BUY VICTORY BONDS Kuhn and Company INVK8TMKNT Ml.riRITlKS ZOt-302 llrllrtlir Conn Hide. (Philadelphia. I'ltone. Spruce 4410 gj Points in Today's Financial iSoics TtaditiK was on nn unusually Ibi-ro scale on the New York Stock Exchange, and most leaders scored wide advances. Texas Land Trust was up more than 100 points at one time, nntl closed with an enormous pain. Curb business was also in hurre volume, with oil's attracting attention. Corn advanced, and cotton was steady. Francs improved in the foreicn cxchaiiRP market. Rar sihrr yielded a trifle in London. April failures in the United States wne the smallest on record for that month. NEW YORK STOCK SALES 111 Philadelphia stocks . I Si TrevlouK closn nigh Low Adams Express . . Ill :i()4 nO'j Advance Ttumely , n"',' 3'J' 31tf Adv numeiy pt . . r.oj-i ' my, m AJax Ilubher .... 2r Ot 02JS Alas.Ua O Mines.. 3J, W'i Ali Allls-Chal Mfg .. :iy.i :H)!4 3S Allls-Clmi Mfppr. 03 01 9-1 Am Agrlcul Chcm.m!, lia'i Wl Am Beet Sugar . MVi 84 81 Am Can riij ri6'i Hi'i am uar ft Fly . nr,;. Am Car & Fdy f 1 1,-, Am Cotton oil .. 671, Am Dm Syndl .. 1'jjsj Am Hide & Ua . '.8 Am H & I, pf ..illi Am ice int. Illlinlinls as mrp . HAAS & CARR Public Accountants Specialists on All , Income Tax Matters PENNSYLVANIA BUILDING I ynrnc DIB I'lllt.Mir.l.riHA. rA. U. S. LIBERTY BONDS . $50, $100, $1000 nought, SIII.I, ASH UK (IVIMI'M1I:1 Kill IV1T.MKT inn niKsTNi'T snii'.r.i Hiul I'ltU. mock l.icnanc" , Kewburger, Henderson & Loeb Ac.. . "io Member N. Y riNAMIM, I POCAHONTAS CONSOLIDATED COLLIERIES COMPANY, INCORPORATED , Flllr-Wiir VIia Ir Ont t.olcl nonri Notlrn Is hery Klven pursuant to ths lurms of the MtrtlakCe dated Jul' 1st It'll.. that the unlerlRrfl nn Trustee will re-' rMve sealed proposals up to II 00 P. M. nn i the Bth Har of June. 1010, for the -ale lo It of bond as above, described, suffli lent to i uso the sum of JIT :!23 S3 rhn under I aimed reserves lh right to re t rnv oi oil tenders i THR NEW TOHK Trtt T lOVII'Wr, Trustee Hi t! (I iTItTP, Seirel.ni ' New York .Ma 1st 11I1I, New Wli Mny " - The Mc k iiinrKet fitim Ihe oiieninR until the close f, ii i-etliiiis'wliiil of triidiiiK III the lnrKest volume that lint been known vi,e the boom times tMiil J ears ngn The millinn -hare murk was i.Knln iins-ed dm ins the afternoon iiml the pri. e movements swims oyer siieh n Hide ranee us to include nn ndwin.e of more than 100 points In Texas Land Tiusl lmb sold lit .-(10 enrlj in Ihe ,n . nnd deeliues of mibitaiituil in many stoeks in which larse nineks were som innuimius unni.-i limine' Among the wide movements were advances of 8 points in (ienernl Hears to 71" and more than T points in I mtecl States KiiliDer to above !'0. . A new and prohablv the inot important feature of the market uns the lienvv trn.linc in inilroad stoiks. C.inadiati facilir makiiiR a caln of to ltili'.. ami Chesiipeiiko and Ohio :i points to Tm. while many of the low prieed slocks, ineliulinc I'ere Mmqiietle and Hoik Island, made cnins diiniie the forenoon raiiRiiiR from 1 to It points, with a Rood part of the advances lost under lieavj selling in the afternoon. An impressive movement oeciirred in I nitecl States Mcel (onimoii durinR Hie afternoon when that stock moved up from '.17's. I" fSTs. with traders, who had sold the stock sluu t s,ni e the dropping of the evtia dividend, making fmiuentlv efforts to cover, lull tinding thein-elves oiitliiddinR brokers iicting for siroiiR-banking interests, and theie was minli to iuilicate that the suptilv smie Wcdnesda.v morning had gone into etiemelj strong hands. The oil stocks were irregular. Mevhon lVtioletim. after advanciiiR 'J points lo lt'i. chopping to 17l!'j ,,,,,. , Marine issues made important gains m the firt half of Ihe May. when Atlantic. I.ulf and West Indies sold at 1"- and Marine prefeired advanced TobiUMO slocks were also aitive and strong, both t'nited Cigar Stores and Tobacco Products selling at the highest prices of the week. At mind the dose Terns Land Tiust was sold at 4(10. a recovery of about 1(1 points from the level reached on the i edition that followed the big up turn of the morning. The bond market moved ill unison will, the leading active stocks, nnd theie was stiong evldrmc that a uiovenii nt is in pi ogress for exchanging ai cumulation of idle ash into soln' int. rest -paving issues The huv iiis- of Ihe Libert.' lWnds wa- of nn txtienuh good cliiirnctef. ii....... issues noiiiL' sir ii iv taker ill Ihuiiitfli Mi' (lav . wun :aige tnins- Close SO! .T2 (AM 03' J 3' I 39 04 112 81! 4 0.1 U.V4 110!. r.7"i 12' i J"' i 1111 oO -h h7'i r,r, r.ni, c.Vj ''' . 0.i OdJ, of' '"',' . -h ;i, '.i V.,; . lOl'i.105 10" 1' . " '.", '-"j " ' . 7U-, 714 71'i 71' .105 107! 10'. 101' .10 130? i 130 130 .110 100i 107' i 10i .in:tr: m:i'i I02'i lO.k'i .208! 'JOS 20 Hi . 100'f . . . 07' no 03 lib", lio'i fiKl fl7. 13 12J 28! t 27' a HG'i llo'i fill ttl' a 71' no1 Ob?, CG'J Annnnl Klertlnns orntK of thk imtkii oh im- issiies ijctng Is in the foul III is ab. ill .!(( N. iiisJIILL STREET TIMS SALES ON THE CURB TO V. con i'nu Tn annual tf the United Oaa Improvmont will be held ftt the offlr of the rom?anv northueot corner or urn u anu Arcn sin Philadelphia Mnnitn. ln S 1019, nt U (feloek noon whrn nn Hertlon will hf held for a prenldpnt and six () (HrrtorB to Bcr j for the fnsutne nr nnd surh other hul neis will be transacted as may be brought t.-'fore th metlnff I The stock tra infer hooks will h clod frim 3 p. m Wednesdav jir -jt 1019. until 10 d m . Tueadav. May 8. 1M9. ' O. W OUnrtAIJ Secretary. I RAILROAD SHARES Am Ice rf iinu i . . . - "" Am international, f.0?; .mi iinscen Am Linseed pf . Am locomotlvo Am Iioco pf ... Am Malting .... Am Smelt & Kef Am Steel Pdries Am Sugar lief . Am Suma Toll . Am Tel & Tel . Am Tobacco . . Am Tob pf new Am Woolen 00!! Am Wqolcn pf ... 100 Am Writ P pf .. 41 t.r) 4l! Am Zinc L & S.. KJi in'. It, Am Z Ij fi. S pf.. 18 -19 S Anaconda Copper. olJi 02' Ol'i Afso Dry Goods . 42J Associated Oil .. Si'i Atch Top & S P. .1)5 US.1 1 HI Atch T & S V pf. SS'v &54 S." Al Blrm S. l ... 7 Atl Coact Line . . 07 07 07 All Gulf & W I . . HS'i 152 1 1'4 Atl G & W 1 pf.. 7.. Baldwin Loco ... ill',' Baltimore & Ohio. .1i.' Halto L Ohio pf . .r.3.'4 Barrett Co 12!) .Bethlehem Steel . 72' Beth S Class B . 72' j Booth Fisheries . 21 Brook n Tran . . 20Ji B R T cfs of dep. 20'4 Brown Shoe .. H.'.' Bruns T & R sec . 10U Buffalo & Sus . . . 72.'i Burns Bros 158 Butte Top Si Zinc. 7 . . Butte & Superior . 21" 2.1 Cal Packing r (H1 Cal Petroleum ... 27' 2S' Cal Pet Pf 71' 71 Canadian Pacific. lOn', Kfi! , CaBe (J I ) Co pf. 07 ... I Cen Leather .... 70' 1 Or-Teed Pclcts . ' Ccno do Pasco C Chandler Motor . dies &. Ohio .. Chi & Alton . .. . Chi O V pf ... Chi Mil & St P. Chi Mil & St P pf. MS Prevloup . , eloee itlsli St L Swrn .... lp, 2l, SI L Swrn pf. .. 31 ;.-, Saxon Slotor .... 7 7'i Seaboard Air L. . tl t'.'i Seaboard A L pf. 185," 20'4 nears ji & Co ..185!i 18' o " -o pr.i2o Shatluek-Ail!! ... i;i; Sinclair O Rcf ... Cfltj Sloss-Sheff S & I. floij Southern 1'ao'do . 107'-. S Porto Illco .Sur.170 Southern lly .. . opi2 Southern Itwy pf. c,y, Standard Milling .14-, Stromberft Cnrb . 43 htttUebaker Co . . 70',' Lew 19' i 3."i 7Jt (l 10 187 120 120 12.U 12' 01 Ub5f 17 30' i C'J.'j CO! 107' 1 170 bb'4 t.. V.Vj 01' i ti" ts1 ..!' 4 "S1". 1.1 130'-.' 7.i. 00 1 , 20" t 10!i is's 72!4 :o' 20' 4 , 20'4 i ' Vo5s 138 43' 1.V 4'.l 02! So 07 1.10' i 7") 12 l!l' 5 .M'4 Hi 73'' 22i 21 20'; ic; 1'5's miii Motor 671 j ,191, Superior Steel ... 39J. 3S 1 cnn Cop & Chein. if,;,, lCi Texas Co ijofi . ootf , Texas & Pacific . . 4,-, ' flU Tex Pao Land T. .?9,1 CO) Tide Water Oil . . 007 -j-, Tobacco Prod ... ,7i, fe) lob Prod pf 100' ... Tol St L & w pf. i.-jtj p Transuo & Will .. 4,V? 4.Vi L'nderwood Type. 1R,r.. 17d I'nlon Pacific 13t 13'JiJ l"nlon Pacific pf. 73 unneu Alloy S ,. 4s1 1" Un Cigar Stoics .132 t-'nlted Krult 176". fa Rys Invest . . 14' j Un Rjs In pf ... 20 V S Cat,t ip je. .lni u S C 1 P ft V f. t a rood PmH r? to 17S?i 14j no 2ri 7S.U 13! i Til' a fiR'i 37' l.'i 227"i H'j tol 2.to b7'i "S'l I.V4 171 131 1.1 Close Jl'j 3.1 7U . 1fl'4 1S7 120 1'JJi 001 1 52! i 10"'; 17o 30'; tl.'j 'it 7 :; mi; 4 3 io'i 22s 2.i." 80 "S'i t.Vt 17.) 131 r, lllsh 1,91V Clone ihfl 100 Ajn Can. Ki W " 10 Am Tele.lOIPs 103 103 '-J iiO Corn Kx Xnt Ilk.USO .'ISO 380 1 20 C C Sue. C14 ill SI "1 b 1!i(l r.lec Ktor 71 7.T)i "I U 100 Ocn Aspli mUj (IOVj BO'AIU 200 tlo prof llOLj nO'd 'Wm 4 L:W Lk S Cor IflVj 1H i:t Lch Nhv 07 Va '''i ri."i'"!i t""V4 ni r.i :'.o r.o 2;M I.eh Vnl. LSMInehlll. 100 Mo Ia. 120 l'a K U. r, Vn Suit . 7,o I'hlln Co cum pf 50'.4 lj2'i 13.:' 17 11 x l"u 14 11.' 4 29 20 23i 25: i mi MHs :t's :t8 0S'j 25 "1 r.'i 21 sr.'i 3"s 38 A CS 07'i na'i 42 122 19Vi Ui'j.. r,i:'4 v r, .. ItOlsl'Ts -11 81- to 3fii2.. 25.. .V',.. 2P4 5i 80 1 .'IH- to 38.. 08- to V S Ind Alcohol .151'i 152? L S lnd .1 pf. ..107',... 70' lol'i 7S 151i Et 'hi . N'wrn pf. . Chi 11 I & Pac .. iCltliP 6"o pf. Illldend rilE CKNTIIM. NATIONAL HANK OF I'HII.AOEI.I'IIIV Mny 1 mm Tha director, have this day declnred a ,tmlannual dividend of Vi per eent, free nf ( ;ax. Pitiable on demand. Ch.ec.Ua will be mailed. ( . WM. T CONRAD. c'aahler. 1 Croup Makes Vigorous Advance. Trade of More Representative Character Steel Moves Up Moth sales tntla.v e(hange totaletl I. 1111 the i'.'i.SOtl New Y01 shares. REBUYING BY BULLS 1 "HELPS COTTON MART u ' Liverpool and Trade Demand I Factors in Steadying Prices. - Business Not Broad Good Gains Made in Numerous Issues Oil Group Most Active New York. Mav 2. The New Yoik llvenmc Sun's tinmicial rejiew thi-c afternoon is as follows: In another million share session still hisher prices weie made h.v storks to iln . (Jains weie hw no means f .illy niaintnineil. hut tindiiiK was of a more ......nwnntiiiivi. rhiiiiic ter ill that it eui-l I .l rnilrnml still ks Till' linle win ill which price ndvaneed this inoinuiK was noted with Mitisfm timi. Illlike inanv pievious performances. 'Iitrnlecl on 11 uii-n- 1 C K I & P Chile Copper .... Chlno Copper .... C C C & St L pt.. Cluet Pcabody . . Colo Fuel & Iron. 1 Colo Southern . . . Polo S 2d pf Col Cas & Llec . Consolidated Gas Continental Can. . Corn Prod Ref . . Corn P lief pf . Crucihle Hteel . . 1 Cuba Cane Sugar. Cuba C S pf . . . . , Uei Lack & West. . 45'i , 30s, .143 . r2' . (I . 25 r,s.'i 130 . 25! i 00 pf. 77J-, r3 28 I 7l'j 101 Rl'i ST, 10 40 40Jf 30! 145 145 nv 10', 20', 09'; 07! j 02', in; i 20 3S'-, OO.'i 'i'O.'i ('.('4 78Ji ft'; no 71 4 104' j Ru1, 40 3J. 145 no1, 10'j 20'. 38' . by;. i' a Kealty & i,n, 4n u Ituhlier . . i)!'j V H Ituh 1st pf .'l'j J- S Smelt It & M. Ill ' IC r M pf If.';, c- s Meet 071: J -T rtieei pf I'tah Conner t tan Securities . a-Caio Chein . Va-Caro C i)f . . Waciaan Wabash pf A . .'. Wabash pf B . . . Wella Kareo Kx'. West Maryland . Western Paclflo . -iii I'ac pf . Western Union T. vveitliou.o A B. Ili'i 100' 2 112' j 44!; 45 OT4.I ()()! 112!i 112.', 1 10,'i (' 112, 3:i'i 20' i 51 H'i 10 55' i 87, lOO'i Westlnff 13 & JI.. -,'i vvcstuiB 1st pf . r.t Wheeling: & I, v.. '.I' Wheel & L Li- pf ,s'.)' White .Motors . . . ,is' Wllbon & Co ... s7- Wllbon & Co pf 101 WIIIjs Overland . 31'. Wisconsin Cen . ,17 " Wool (F W) Co.. I JO Woolwoitli pf ... nil ... Worthlngton P . . t,7', . . Wor Pump pf A. !)7!j 07 Mor Pump pf B.. 77 77U 77J 00 117.' IS (.' n't 31 2 54 11:.' 20't 50 NS 107 .'3 r,5 10! 3 62", .s.V, 101 :ut 31)'., 121. 07 117 ' i7.' CO1 j "0 33 20't' 54 10i 104' 50 87.', 10(1 51 05 0, 18.', 117'i "is ' 07 ' j ... 1 0; I 33.' ! "2 HI 114 itTf M3i 877. 1074 I .VJ1, 1 r.5 10' i 2S0 I'hll P-lec 100 Ph & V 200 V II T lo 1 10 UeuclinK. 1110 Ton Ilel 40 Un Trnrt :!2.1 U C, 1 1015 V H Steel 08 10 WestitiKh ".2i,i 50 V? .1 . S 42 15 AVest U. ";'. 1S81 W Crn 11.127 I10.M1S lllifli Uovf Close $1000 Am Tele.l02' 102's 10:f. 5000 Kl &, lc Tr Is.. 00 CO 00 1 .".000 r.eh Vnl 0s '2S..102'L. 102Uj 102'sl'i 1000 l.eh Vnl (Vml iis.100 100 100 'i 8500 1,11 Itond , ltli4'iK !U..".0 01.20 1.20.1 10.11) W .Pis 115.31 05.00 '.15.00 .24 1100 1M 4",s 01.10 l.aO U.1.00.40 1000 I'hlln Co runs 5s. SliVj SO'a S0'i. 2000 do Ist5s.l00"s 10p', 100H 's 0000 l'lill Klee 1st js.. ',11 2000 rhiln II .AV1sl Is feO'a ,.ri0OOItrnUin!.' Ken 4.s. S3'i ilOOO I'n Itnj Inv ."is. 71 nt l)8:!ilr's u'JUl'A 42 .. 73 ... 27 0 Net chge. CRAMPS BECOMES ACTIVE ' AND SOARS TO NEW TOP Vigorous Buying Movements Start yYcor Close of Philadelphia Stock Market Steel Makes Good Gain Trading In local Mocka wns, without miirli fciture today jntll near th'T i-loio of the l'hltijdolnhla market, when William Cramp trnt rertlfirates wcrp taken up nnd ailvaneciJ 0 polntB to 11!7, n new lilgh reeoiil, with sales totaling nearly 12000. This movement, which followed only moderate transacting earlier in thp tiny, eamc as a surprise in the Street and there was no explnnntion forthromlng as to what had brought nliotit thp sudden activity nnd strength. Traders showed a waiting attitude in thii city earlier and. while stockn were dealt, in heavily and lgorous advances were scored on the big board, business on the local exchange was Reuernlly in small volume, .United States Steel common attracted tnot attention, following the course of thp Xew York market and making a wido gain on a rather large turnover, nnd, nlthough there was moderately broad trnding in the local list, few home issues developed activity of importance. Even Lake Superior Corporation, although aided by the movemeut for Steel and Showing firmness, did not become netive, nnd, while Oenernl Asphalt com mon nnd preferred odvanred in reflection of .flic nnmial report, which name out today and is summarized in another column, showing larger gross busi-' ness and Rurplus as compared with the previous year, neither class developed momentum of consequence. -there was some falling of Philadelphia nnd Western Haitwoy, the first of 1010, on which it broke Ii to 5 from the last previous transaction recorded Inst jenr. Hnpid Transit lrut certificates continued to be in demand nnd turned upward for n fractional gnin, but otherwise the market for home shares held nearly Rtcady nt previous closing level'. Tonopah-ndmont yielded n trifle and Corn Exchange National Bank moved up 1 point on small, odd lot snips. Pennsylvania Railroad was moderately netive anil firm. Heading Com pany moved up as much as 1 point nnd other rails held steady. Lehigh Valley new Cs were up 1 14 por cent In the bond division. United Unilwnys Investment iis jielded a fraction on n comparative large turnover nnd Philadelphia Electric- first 5s nlso rencted slightly. Financial Briefs mi :i - 80' i S3 K Tl-14 M4 100'ii till, 37;, 121 MONEY-LENDING RATES NEW YOKE Money on call, mixed 02 f'i ..V,' 1 collateral, opened today nt or it'uuifiK unci rrin-.v iuk 30' a 12421 tr'. to;, J0i 07' i T.r rll, 1.4 I I iri UOOUH Ifit New loih. May 2. Dealings on the lliciail street curb ,nliiiiiecl to reach "l into record-breaking volume, with transactions j Innnv group. nf slocks on nn evtremel. large m:i1(. and sub st.'lnttnl iiltm.f...u I.. !.... ..,... : oti uVi, . sT 1 . V """"',- Denver & Ito Or. is issues. .Scvcal stocks sl(! at ,. Den & , Ur pf- limn e.onN. iiiihiding 1 anions IMav- Deere & Co pf .. ers which advanced to Ml. l.ome Mines The ml gioup de.imiiih'd mol atter-llie tion with interest nuicentratcl to n I Erie 1st pf . iKifiu cienr in tne .New Caddo Central '-r'f ,-."'' ' ' ' i"'h. wnnii loc Horn .,.t , 47,-.M ;j" - '" struiiR I na'ston W & W . . , (leneral Cigar . . . stu.ng fen- Uleneral i;iectric . ' most of the li'iving coining finm I banking inteicstv Nalioiuil Dil was nnnther t COTTON BKI T WRATHBR CONPITIciVP ew Vnrk. Mav J The foBowlnu tem peratures were re-corded In the '"'on belt thl mnrnlnir Knoxville r,J N er lcll.in and Oklahnnm fltv .".4. Fort .smith nnd Atlanta .Ml. NashvlMe. r.n MemphW nnd Teon ..R Wttle Itork and AuKunta n Fr..0r.nr, i.nn Anlnnln Vic kBburff. vlnnt- , General Motors I Gen Motors deb iGood (B F) Co. Freveport ington K b-nvicnnah 04 New Orleans nd Jacksonville i" in'"""- - 1 VTampa IIS Corpui vlirlKtl and Oalvee- Jlon. 70 There wan OU Inch nf precipta F tlon nt OMnhomafltv ot i 'en'?'im"'.V, r: n rh.ri.itnn unH I minTvon .1- Tampa 14 MlantH as Macon Thomasvllle and SS Aueustn ;,n j New York. Mnj - Til" cotton mar i 1. opened steady today, with ptieesj W to 117 points higher on the firm iles. Liverpool and tiade demand, 'i -rid rebu.ving by bulls, f Trading was. not broad, but in the I absence of offerings prices worked J Mimewhnt higher boon after the start, 5 October selling up to 'J5.:'.:!, or n net i ndvnnee of .".1 points. J The enrl.v advance cariicd active S months about 20 to 30 points above last 3 night's ilosiug figures. Liverpool was C n good bluer ami there wns nlo a moderate demand from domestic trade hources accompanied b predictions of a bullish domestic consumption figures for ? April nnd increasing exports during Mny. , The advance, however, met n good deal of realizing by old longs and scat tered southern selling under which prices cased back to about last night's closing figures. 'Xhe board f managers ni tne ex change voted not to open on Mny ' the ot Uie nevenij -ev- ntivinir iiis ik.l ..p....... ii,,.. ...mi.. .... ... ,..i ..... .. . - ,T., ., :.i...,,.;i .ne,.inlties. but .', " t- "' '" V """ '"' OUMllg lm'" '"'.. ' .':.. '".,., the list, and ""IJ 'mrl ""."""''I stateniriits ,,nde 11 1 M1HIIU''I l,""""m . Ml ircni'li lit 1tfl lilfwbiid nn ..,.! 1.1 i, was in the railroad department w, 1 ., N ,.,., ,,,,. , Or .Noitlieri. pr .. was best able to stand 11 rapid "l" sall.v acive. advancing from 2-tr. .Wp .4n STd W.1.HI.B f lr'- "a '' 1,,hl,n" W"S'ml n-k IMbher was n-ade"l 17, f,,' ' Ha' li & BoriSr! most vigorous ,,(, (0 .;,).(, In the first half ot the session lor xIi i I 1 .Morns, which has been henvv mer tmoriies in m.- :,. ' 'inr some time, was In good demand. advancing from ll'i... to l.'i',. Libby. Mi-Neil & Libbv sold at :il's to 31. and Swift liiteiniitiminl was traded in nt (!(H... in 111'. Noith American Pulp ranged from l)Ts to fiU, with sales, ot lL',000 shares. IMIl TRII.S sici'Uliuive the rail to and them stocks large reasoning to lose nud h, .fci dote ot ine parun enth Division. a The receipts nt the dnv are estimated at ports for the 15,000 bales, merel.v maiked lime wnne nnimn uis devoted lo iiiincipalU the low priced issues. Mis Lni-i Pacific-. St Louis and San I rnn ,.!v,-n nnd I'ere Maiquette appeared 1.. .1... f,irwnril leaders here, scoring :.. ..f nbnnt two points each pulled the other mils up with Shrewd purchase-is of industrial n.m-al months back, to whom .., c hnie -itemed, have in many in ,..,. utilized their emoluments the purchase of railroad securities. Th, nniet absorption of rails at ui ,.mt nrli-es is based on the ti.fr i.no is verv little ,ierhaps n great deal to gain. Indus trial bargains nie less m '" of more doubtful nuality at the moment, wheieas the inilroad department is ie plete with them, if one possesses the coin in ion that the carriers will be re stored lo their owners under more mod ern and scientific regulation. Demand for oil shares wns less urgent and nmple stock was supplied to pie vent nnj important gnins. Pan Ameii-c-nn Petroleum, however, wns a rela tively strong spot. The nctiou of the steel shares undoubtedly nssisted llie general list forward. teel inmninn sell ing up close to 00 for a gain of more than a point. The stock has evidently adjusted itself to the omission of extin ulivideiKl pavmenis 'Mi CO' i . 13li . 4 lis 20 47.' ; 45JS 00' t, 70 02' 107 i 71 32', 70 178 (.J, S 07 13', 17 2S' 1 IM4 3'j 50 21" g oi3. Hil's ISP, 00s. "l'i ! .Is. 43.', MU ::! 4y.', 1 .i.( JJ 7S'S r..i 4 1.1 no-, 25' , 51', 23 22.', - 30.' 4 30J 7!) ., ji 30', At'hiunn l't Aioclaled tjood I'd pr. 1 ' Anothpr high for thejiresent move- i ment in prices of New Vfcrk Stock Ex change seats was recorded yesterday when three transfers were announced nt $70,000 each. The last preceding sale was for .$75,000. The annual meeting of the stock holders of the Philadelphia Company will be held at Pittsburgh June L', nt 12 o'clock noon. Stockholders of the Consolidated (ins. Electric Light and Power Company, of Baltimore, have autlioii?.ed n mortgnge of $100,000,000. Initial Issue of bonds 1,.. ner cent 1 under the mortgage will be $.',."00,000 On all -in- thirty-year Us, to he used ns collateral 80 Vi.. 83'4 71 "i- dustrinl collateral, the opening rntc wns (i per cent. PHILADELPHIA Call. O-li per cent; time uiHSC per cent. Commer cial paper, three to six months, r4 is and Aesociated Dr lYj per cent; tix months, 0 per cent. New York Bonds 43 30?, V0' 90 Sl tsi'j IDS', 72' 4 3t SI 108 0s, It l.H 20't 20 IP, 29 9SU Ml f,2'j 10S 70'. 32', hO , "(l.'i 08 13! 1 17i 2S',' 20 n 30.', Voii 0b.' 4 81 ill 10'4 71i 34 SI 10 h II 17'i 20' 1 20 Sales In flcioo I LONDON Monev I per cent. Discount I three month bills, fls, Is (pioted at S'k rates, short, and ; per cent. in part for 7 per cent notes recently sold. The New York subticnsury lost S412.000 to the banks yesterday, re ducing the cash net gain since Friday to .$4,200,000. City of Philadelphia 4'i. per cent reg- GENERAL ASPHALT'S GAIN Big Year for Company In Gross Earn ings and Surplus Auother profitable report has ben submitted to stockholders of the General Asphnlt Company by Arthur W. Sewnll, its president. It covers operntions for he fiscnl year ended April 30, 1018, and shows a substantial increase in gross earnjngs and in surplus, ns compared with the previous fiscal year. Gross business totaled Sl.t, 287,402', compared with .fl2,.r)50,;!l.'l for the twelve months ended April .10, 1018. Gross profits for the year were Jp2,3;t, '183.02. The charges (including income tnx, $07,078.52, and spccinl reserve $100,000 for contingent war taxes) were 8002,4(17.02, leaving net enrnings of $1.301 ,010. From such net enrnings there has been deducted the cost-in ex cess of the reserve for maintaining pave ments under guaranty amounting to istered bonds, due illMI), me rendy for j $110,318. 88. There nlso has been trans HiBh 07', 00 01 29' 102J ! 1S2' 29' i.S 102' '0 ir.2'.. 170'jlSl', 71 C3'i 43' 30', 53' i 4'l I U'4 21'. S2'.- 70'. 131 131'- 12 ll1. lll'jllO', 94 43 39'', 55', 49' 1 t U'4 Aetna Explosives Am llrll Mfu Am ALtrrinl " I ni Writing Pan,-' for "Air ItHdueilon . Mnnuian car id Cnn Car & Kdv pfd c hart-oal Irnn c hevrolet Motora c rnmn 'urtlK Aeroplane Car en l nnl . c'arl.on .steel Kmerpon PhoutTnraph llendep yxte l.dKe Torn Boat l.elni,h C'o.,1 Sales I.lmil I.nro .Maxim Munlltoni. Nat Aniline X V KhiDhuiMlnv Nor Amer Pap rulp Oils Klesntni Peerlesa toto- Poole UrK . . . . SVriDPS-Hooth . . . . Standard Motoric Steel Allnva Submarine .. . Rnlft Int St Josepli Lead Todd Shipbuilding Triangle ruin 1 tilled Profit Sharlntr I" s Steamship . I'nlton Motors World s mm M'rlsht-Manln Air . Jlid Ye st Aak tlose (sale) H5. Illlnola Ohio Ilich recoid prites for the year rcre . i'ra,lrlr..,p"" . .t nr ICO l..lna n ,1 ant f tn 1.,.- .. !.. ln l.r n .mmlm.. r.f I n rl II efr , , n lu SI 1 1 V t i'r nirninRL oi.-iru uuun . .. "p. , iiuuui lima u., i .iii.tiu, i . nn. ........... i -. - iy:vT,i. ----- - , ,n ..,., Q -- ... w . ........ .. '.-b id1 r, i.ninu ,, .nn, n fn unit lu.ntni uuii'o : i...ii... .. i oiJ uwivn ...... , -,-- iiiviiiuii.. f.j .tt. . .... STANDARD 1173 bales a ear ago. two jears ago. NEW STYLE -ri.rdii'-a Today's 11 00 130 1' 30 close open am. JI), .,$ '" In n.v s nn ,,, -- "" " i;" jn.KH -J7 10 H7.K' -'il 7(1 M Til I HO -JI1.II0 -Jcl lio 2d no '.'II on r'5 S" 2.1 IT. 2.1.a7 4 Set -.', Sll N '.14 24 7 - J" -4-50 -'4 M "4 In 4 31 24 a.1 2i 08 J4 OS J3 83 24 05 24 111 21.03 21 W lity ... Ov.uiruat . October lcember January " March Cotton Buyers and Sellers .New York. May 2. May Cone. ' .ivit.nn anil Orvis bid: foue and Sigel fl' offered, duly Rosenberg. Sellnr and S-wl-l-s. -.TVIoelt hillt Newman, vt . iiumm-in, ffTtmnVa. Young nnd Itiordan offered jj AU8Ut Steiubaeher and Sigel bid t'JT,rrlS otlercu. uciooer jiv-ncuun J&jfi rslnver. Knrnett, Geran i-i, .--. ' " r.'J1 I.!.- t ,"" Wenam. Wade, nnd Orvis. Mitchell Hyman. r rmr? HjcEnamy, 'Wilson, Johnson, Mojse and f oRJBVln offered. December Hlgel, .'SjilnS'. And Munds offered, .lanuaryr iM5plilar bid j Hartcorn offered. v'&? Chleaao Banks to Merge . fllMK-H;' . . r O 'I'l.A llltnntu TpiIbI h f . "SI WiWi ""J i,."r ''""" ?"- jfijsi.-. -jnd Savings Hank and the Merchants "ar.. ....1 nr,,.t fVv. will he mertftl. t $! Stockholders of both banks will receive IL 'i "handsome "melon" in connection with K; -"thetoerEer. The merged bank will have ' V .' VapHOIUailon ot .lii,vnn,,viinF, umi . l(J, fcarpliis fund of ?20,000,000. Its total . -ilinoidtK will figure around ?200,000.. i'Wi' The stock of Hip two banks will !( IntA the trade on share for sbsre Intel nationnl Agricultural i Hide nnd Leather pieferred. I lilted Stntes Realty. Atlantic Culf. American Steel Foundries and (leneral Cigar. Texa- T.ind Ti list certific-nlts rnovd up 100 jioints. The trading conimuiiity hud verj few factois to c oiisidt i in making commitment and sentiment was cheerful. ' The date of the conference , prices has been set for Mnv "s. and the disposition is to legurd the outlook more hiipefullv. 'Nnde leports were satis I factory, business falluies for the month 'of April being the smillest on lecoul for anv similar period. N'evv lonstruc- tion shows signs of a big Inciease. The market was called upon to nb- 1. .. I... .... . nil, inn r.t .unll.illff dfllod in the afternoon tl ailing. The market at no time, however, lost its firm under tone. White Motor, which sold up moie than four points, nud United Stntes Rubber, which ndvaneed nbove OS, weie features of the late trndlug. Of the stnndard mils, Chesapenke uhd Ohio wns one of the most conspicu ous for its strength. This is .one of the few roads whose earnlugs hnve shown au incrense. Tho balance available for dividends in the current" year should equal 10 per cent or better. Westlug house Klectrtc was another slock which attracted considerable) attention. A strong pool Is apparently operating iu tie issue .vith the ides of selling out at higher fituies upon the publication pf the annual report, wlilih li expect ed to be very favorablt. SONY indei'i:ndkm- on Rarnett Oil & Gas Commonwealth i oaclen a Lo . . i:ik Ilasln l'ederal Oil Inter 1'elrol HotiHloti Oil Merrill Oil Miriueat Itefin n Mel Petrol Ohio Fuel . Satmlpa Ftef on steel I seuunmh . I iNlar.u Cllenroek M1MM. ' RiK l.edae lloalon ir Mnnlana . Ilulte New York i Con ArUona i l' K S t Jerome CM-.,. V...I . i . .. .aii.,jirti . . (loldtleld Meraer lloldReld Cods (ioldnVId I lurenra Ooldfleld KewaiMs Oieeu alunster Hecta Mlnllur How Sound , Independence Lead Jerome v-er(je. Jim nutler Jumrai Kxleualon McKlnle Darrash . Maffnia 1'c.Doer Mother Lode Mines Co nt America Nevada, Hills . . . Nevada Wonder . . . . Nlplsslnr Ohio Copper Ray Hercules . ., . . San Toy . Stewart Tonopati Extension . v est Knd Con ... . White Caps Yerlngton Hethlehem Us Cosden Oil H I'oaden Co fi Cudahy as Russian (Jovt .Vis uo n'fcs ;1 ill Sit PCI ! II S , 2411 mi sr. in 11 1:1 a .1 in m i .1 1 7 2.1 sii si .v.- r,iit ,2 , nja 3.1 3J 41 l.'i n, , aVi i SO R.I 211'-, 27', . . 211 .10 2.1 .111 s S' . .'. R in in n'i II H'i 0 rj is 104 ins - '. 1 IU 1 111 i'4 2'n 2". . 41 411 '. ... .1 3U .. Oil, 182 1S7 3S7 3'li 277 2SJ J77 i'KS 71.1 TV0 720 380 :is.1 otii Oil. h DICKS 4sC 4Rt 48S Ii "a V IIs! II'. HT, II1 a' .is 211 311 'JIIS !.' 1.13 127 31 S 3J 31 S 174 I7'l 17IH II 3 ,'. , 20 2.1 S S' .. ". S' tS SS 7'. 7S 7'i riichx ' s s . 73 7.1 70 S c, .. .. 1 Ili..' S 'u .. l'i IS .. .1 el 17 in IS . 3.1 43 4 U . A r."4 ' S 4' .. 11 .12 31 13 1.1 18W 4S .111 . . 2M an 40 , 41 32 '.7 71 30 5u'. 21 111'. Southern Railway Ha . Sinclair Oil Hr ,..,.. Todd Shipbuilding Hi 21 H'i 101 S ns 03 102 411 Is tin' 102 IV ...24 2i SA 1 41 IS 211 25 101 S nr ."7. 102V4 .. . .mi 51 .lii'i .19S uu ;, uo Inspiration Cop Interborousli Con. Inter Con pf lntern.it Agricul . Int Agilcul pf . . Inter llarv new . Inter Mir Mar . . Inter Mi!r M pf . Internat Nickel . Internal Paper .. fil'j S2 ."il1. Inter P pf stpd .. 73,i 73' j "'' Jewel Tea, lifi5, :t'l :i0'. Jewel Te.i pf . . . St', M &t K.in City So .... I!!3, 21 '.'' Kelh-Sprlng T...127 127', Uu' Kennecott Cop . . . 32 32'4 1 stone T & II . '.10' j S Lad; Steel 70 71' j Lee Uub & Tire .. .i.V, :'7'v Lehigh Valley . . . i' : '"84 i iffuett . Msers 291 210 I.lir i Myers pf 111 Ill's l.nose-Wllea Bla t.oiillaia P Co ..lu'2 l.Vi Manhattan Elev . Manhat Shirt ... May Dept Stores Maxwell Motors . Maxwell M 1st pf, Maxwell AI 2d pf. Mexican Petrol Mexican Pet pt Miami Copper .. Mldvale Steel ... Minn & St 1, new, Miss Kan & Tex , Miss K & '!' pt Missouri Pacific Missouri Pac pf. Montana Power Nat Acme Nat Blsbult .... Nat Cloak & Suit. Nat Con & Cable. Nat Enam St St . . Nat Lead , Nat Lead pf . . Nat It of M 2d pf Nev Con Cop . . I New Or T & M . N Y Air uraue . N " Central .... o.'i N y Chi & St 1,. 2fi 28 N Y Dock HI :i24' N Y N II & 30 :1I' N Y Ont & Wes 20! i 21'i Nor & Western ..105 100 North American .65 Northern Pacific . 0.5 03' i Noa sco o e -; . i.i-a "-4 I Ohio Cities Gas . . 44.', 4C.U , Ontario Mining .. 7 7' OUla Prod & It.. 10 10'. i Owens Bot Mao . W Kl'i paclflo Coast ..... 47 ... pacino aiau n .pi Pao Tel & Tel . . 20 t 2h'i Fan Am Pet & T. So', ,, People's Gas Chi. 18." 4 49! j Penn iUilroad .. 44'i 44.U Pere Mnrqueu.0 . ,n-i .1-4 p Mara pf.... 43 45'4 rer Marti Prl pf. fiOlj 01,'t phlladeipnia uo '11- to Pitts C C & St I,. 44Ji... Fierce-Arrow .... CO's !Vi PlercuOll S5.J4 S Pitts Coal M 01U Pitts Coal pt SJ, h7!ii Pitts & West Va. 3GJ4 U7ti Pitts & W Va pf. 82 82U pond Creek Coal. Ill i 10H Pressed S I Car... MM 75. Pullman Co 110 linjn punta A Sugar . . SOU fcO ny Steel Spring. . SS b8 Ray Cons Cop . . 20! 20.VJ neadlng S.'H H1J5 nn Iron & ateei. ni n.; 291 111 . ."2!. .152 . 71 .110 . h'l -irf O'J :ui .l'.H . 10(l' . . 22', . 44; 1 . 1.1' . II! . IC . 29 . 54' i . 70 . 361-j . 123)j to lu.U . 00! 4 , 74! i . 108 . 10.' 4 . U'.S . 34) j .109 7.1.' II'S 43" 1 3')', 55 4' .', 1 n.s "!'. M'i rus in, lIO'n 2o, " o 7.V3 .V) hi '..IS 111! An-Kieucli 5 4 A mer Smell ." 1 Ainer T & T I'll do (Is 10; 1 Armour ( 1 U.s 7 11) Atehisuu 4s ... SJL, 10 ilo ev Is IJKiO. !)(! .". n . o :;i.js .. ,ssv, 2 tin ."is 77' j I do Is (ISijJ 4 fifth Steel ."is '.",(! 8.1 Vi 1 Hrkn Hap Tr 7s 711 Vi 20 Can (,'vt 5s 1!IL'(i !Hi7S l do 5s 1W1 .. ji:i4 3 Cent l.entlier ."s fit! 10 Chile lis ,S7I . 20 C . O cv ."is ... S9 1 Chi It & Q 4s .. !i.-,r. 1 Col J5. S P...S .. 1'2 Citj of Paris Jis. 3 Com Tub Iter (is 5 I'rie Is 7 Iowa Central Is 5 Intel h .Met I' ,s '2!l 1 K C i't S&.M (Is 102 I, OH' 17,', 1)0 111 no 01 's 102 102:'i 78', l!7's 43 'J"s (Hi ssi, 77 'i 7!l'i !Hlr!s !l(!:'i 111! K7'.j SSI', 115-Js 111', 0S.74 !l!l''s ,s8i, UT'j I 32'4 US', 71 .it,'. : .I ' 2in I 1 1 l'i ! I.nnliard 5s . 321 Lib Komi ;i. 2IIS conv Is ... 1273 do 4',s .. . (i do 1st 4i,s 200 do 2d l',s 201 1! do 4th 4',s li Ljuns (Is 18 Marseilles (Is ." Midvnle 5s . . 10 Mo I'ac sen 4sv (in., 13 X Y C .x II (Is !l7"s 1 X Y State 41..S.IOI 10 Xorf i V cv lis. 107'.. I (Ire Shot 1 I. 4s . 87 ni .r c r r &. st 1. 4'is Ser I! . !l5i 20 Pierce 1) (is '(( ,2s ' 154 1-Vil 17 do -2I His 1 lie C11 5s l'lill . ',)!) 1 It (1 & V 4s .. (s.i 2 II I A & I. . . . Oil " 5 Sinclair Oil 7s . !)'.) is 2 S I. 1 M & S Is vn "5 do 5s 04 1 lf South Pac cv 5s l()7:i, 78 do 4s S4'. 2 South Kvv.v Is. . 077s 1 do 5s !)!, 10 Texan Co (1 102 17 Third Ave Is.. 50 5 1' S Realty 5s. 71 1 I' S Rubber 5. 88 1. 1 do 7s io,'i';s in:;-"' 1 P K of (I H I 51..S new 1111!) !l'.l(i !l!l( 2 do 5'iH lfl'-'l. OS,-,, '.(Si 52 do 5'is Hi:.7. !I0-'N 0!H 1 West Shore 4s. 7(1 7tJ 82 U, 0(1 ' 8SU I 77'. I 5SJ4 , sr.i,, 711' , , lid's I OO1', 11(1 , 87 Uj 8!) ' .V 1 78', !)8"s 83 , 43 !!', 102 1)1' 7S'i iism S3 (itlN 13 211', 1112 01', 0S.7O 08.74 !H.0(! '.I3.JI0 !U.(l(i 05.1II 115.32 05.10 05. 00 y.'.OO 05.(10 04.20 01.12 1I4.20 04.31 04.24 !IO"s 00. SS', (ill.. !I7-", 101 1(17'.. 87 FOREIGN EXCHANGE New York, Mny 2 The foreign ex change market was quiet in the early dealings today. Quotations were: Demand sterling 4.(i0:1t, tables l.li794. Franc cables 0.05'.j. cheeks fl.07'2. Lire (nbleH 7.4S, checks 7.50. Swis cables 4.O.'!',..., cheeks 4.0(5. Cuilcler cables 401,9, checks 40,. Peseta cnbles '20.30, cheeks 20.20. Stockholm cables 20.70, checks 2(5.50. Christiiiiiia cables 25.80, checks 25.00. Copenhagen cnbles 25.05, checks 24.85. Ituble notes were a shade easier nt a nominal quotation of IliSlL25. The market became (lull after mo mentary nctivitj. An udvance iu sterling carried demand to 1.(17. Thnt figure was slightly Hhaded later with mnrket quoted nt 4.0(1", for demaud nud 4.1!7:', fur cables. I'lencli exchange was steady at (i.O.VJ, for cables and (5.07''', for checks. Italian exchange I was dull anil nominal. delivery to bom linhleis whose naincH have been furnished. Thcioupon bonds will be ready iu two or three weeks. Tho in prest on the Chicago Hallways income 4h. payable Mny 1, wns not mt't. The directors, nt their last meeting, de cided t lint the interest had not been earned, nnd it is due only if earned. The Kerks County Trust Company, of Heading, Pa., has been admitted n incmbrc of the Federal Reserve l'.nnk of Philadelphia' The company bus capital o .S25d,0(K, surplus $155,00() and total ie.-,otuiTS $3,758,540. It makes the thirty-fotn tli state institu tion to join the reserve bank here. NEW YORK COFFEE MARKET New Yorli, May 2. The market for coffee futures opened excited and strong, with call prices 45 to 50 points above last night s close. Wall street was a heavy bu.ver'of September nnd Decem ber. Cnble advices from Krn7.il report the market there strong with low grades advancing mpidlj owing to scarcity of high grades. Spots strong and prices will hold, said the cable. BANK CLEARINGS H4JS4 lliV's 00 "s SS". 01':. 0"7s 101 107'i. 87 PhllH lloston N. T . mil) . 7R. 424. lll.l .111.011 UVl 8S7 241.070 wis Tl.l.'s.niti 10 1KT.3VI 4'J. 14(1. I.V! 1SC1.7ni 421 573 1)34.541 1(117 .1.1.44II.R27 lulv . Spptember I December Ala rch LOCAL MINING STOCKS TONOPAH STOCKS Ycsterdav'i rloso 17.(111 17 111 111 111 . Ill 1.1 Today's oDnlntr 17.Un 17 (in 17. 'JO 17 00 GOVERNMENT BONDS Ask 10' 10s ,ss,Jf siu, 40', 40'j 09?, li'l 31', 31 , l!2 l.l'i'n J5.'t 41'. 15' j 11', 10', ll's 18t- 17', 31's 20't flS't 51', 70 lill'j 36! 1 3l,i 3 "10' a in.', 00', (I'.', 75', 74's 101 SS'4 10' J (l'i IP, 176', M', I.V 1 !lfl IS', 30' 1 .-,('.' , l.'i', ,'0"i 115 12S 10S Oil C.SI. .OS nip' 811 0M 107' 81 07". 02'1 102 511 71 SSI l'H. ijo; !l.i' 128 10S 00 (iSLj (18 !! 80 04 1, 107"', 84'j (17's !I2"4 102 50 74 SSL. OS;, nsiu ns .1)0 r. 7(5 JlmHutler 31 .jji MneNnmnra Ill . 1 MMvvny . . , '' " Mlzpah Ettenlon 11 13 Montana -' - North Slr J 1,1, Rescue nula in -'J West End Is, l's GOI.DriKI.I) STOCKS I AtUnta . ''I ."' lllue null JI .n;;l llooth JV 12 1 Dlamf H n ": .0 1 nalsy "r "J iKewanas " .0(1 Oro "- ... Sllve. I'l.U II 13 Spearhead 14 .18 MlSCCI.I.A.N'r:OLH ArU Unlieil ;-1 .27" N'evart.1 Wonder M ft7 Tetona Jllnlnz . . 11 .13 Panama coupon 2s Panaimi registered Panama coupon - Pnnania rcKistered Panama coupon a 11)311. . . Is 1113(1. . litre : 1130. iinu . Pamma reulstPred 3s. mill Phl'Ipplne 4s. 10-11 Phllllipine 4s. 10T. Phlllpnlne 4h. mm . LT S Gov coupon 29, 1030 . nid nss, ns'J ns; ns DOti Auk nnu ni' 1.2 nn nu nn tin '3 ferred to leserve for debenture redemp tions of the N'evv Trinidad Lake Asphalt Company, Ltd., the sum of .$S1,489.70, leaving a net gain to surplus ot S1,1C".,207.42, which compares with !JS30,(150,24 for the previous year. " Cupitnl expenditures were !$2S2, 252..'il. against which there was credited for sundry sales $200,020.75, and written oft" out of earnings for de preciation of plant Sl"4,505,0(5, making u totul credit of .S4(5.Vi::0.81, thus leav ing a net decrease in property account, as the result of the year's operations, of !?21. 1,188.45. The number of holders of preferred stock ns of April 1, 1010, was 1453; of common, 550. The report said iu part : "The extensive use of the motor truck lias demonstrated conclusively the economic possibilities of hauling freight jy this method of transportation. Its use will, beyond question, continue to increase rapidly, requiring proper and permanent highnnjs over which to operate. "Shipments of asphalt to Europe, where previously the company had n very laige and profita'blo business, which were abruptly 'interrupted upon the declaration of war in August, 1014, were again resumed iu December lust, ,"3(!0 tons going forward iu that month. "Deep and active interest in Vene zuelan oil undertaking expresses the attitude of the company's associate, the Iloynl Dutch-Shell Oroup. The several elements necessary to successful devel opment, namely, extrusive holdings of productive lnniN, storage, refining ca pacity, ships ami market, nre all pres ent and the business relationships al together cordial." DIVIDENDS DECLARED Porto mean American Tobacio Comeanv. nuarlerlv of 3 per tent luonhie In scrip June .1 to utocU of record Mav 21 t'nited Profit Shirlnc C'orporullnn. semi annual of Ti per rent, pajablo June ; to stock of record Ma" 10. .,..,, Mav Department Stores quarterly of P per cent nnvable May 31 Illinois Central Railway Company, nuar leilv of 1", per cent pnvhle June 2 to stock of mord Mav I). These dates .are subject to receipt of nrressary funds from tlie raiirnan Humiiii-.. 1 .,...,. ...." I'ennoci. wu . iMim.tj "5 cents, pa able Jun? May 23 See Us Initial dividend of .1 10 slock of record 10,000 Depositors make use of our bankinp: seivice, many of them prominent in business ant! .social circles of the city. That they appreciate our service is proved by their continued pationagc. OFFICERS (III.N V. SHELLY. I" KKi;.MI.MI .1. SUI.I.I lllll.N M. 'AVIIIIK.I.I JOHN i Ji JOHN It, JOHN V, redden! VAN. Vice-President Vl.li...l.l.. Hlli.i!.in.'"V.'. ' L'T' """.."'I ....-.,. irp-i-resiueni i !'. UiKV. hecy. 4 Treas. r.nvv.iitii j'. sviitii a... .... , fc. i.".!U5.f'i7M''jy5...JIl;N' A". Treasurer HEM?? E' SL'.V-P1''" Trust orflrrr ,.UL:5.,W.l'J;.lS?lty':u' Title llfflrer "?MJ5K1! i1 J.'.'.'il v ,,'a' Kstnte Officer HKOWN 4 WILLIAMS, Counsel DIRECTORS mi 231 SVi Ann in),' 'AH nuu CO 88 20U h5.'i 81) . . 52 do r.'is 111:17. im wk .nnB 'hWn'rroriT,rSr,'HUii Si.ina of I g yr' 11 1 West Shore -l. iti 7(1 70 1 2.1 cents, pasaoie jun; .1 m "' .v... ,,g, , J,5-''i r5j I $ i 4fW 'I mm I) i r 7i HrlWlihli ll ii n H i ' 1 ,.W HsasBMHsMMsflMsaHMnMHI WBsT , WILLIAM J McQI.lNN PKTFn F. MOTLAN. M. D. PATMCK O'NEll.Ii WILLIAM P HINNETT JIOIIN P. SKELLT jr.nr.MiAH .1 sullivan .IOSRPH C. TUAINEn John n iftiBTKn AtinnRV H. WRIOIITMVN IRA JEWELL WILLIAHS WATSON K ALCOTT EDVVARD F. BJJALB ALFIIED E. BlinK.. JOHN M. CAMPRBLL 1MK8 M DA LV THOMAS, DIJVMN CHAHI.i: J" 'ilV'THrV iWflu. R'-mw'Ti "oiiODHr.Nnf:nsov Continental- Equitable Title aTysT Company Twelfth Street above Chestnut PHILADELPHIA if 0011,000 Capitol $1,000,000 Surplus ' Over $10,000,000 Deposits Headquarters for Hat 1307 Market !!n .. ..,ar.i inn imi',' las ti Bt IVSap Fran .. 24J. MJ. 21H M St IrSUn JFrsn Vt. 'Mi VII 3 a Street ERNST & ERNST TAX S.ERV1CE AUDITS AND SYSTEMS PHILADELPHIA 2023-202 tAWD TITLE BUILDING. Teleplion.-Locii.t 2681 NEW YORK PITT0BUI1GH TOLEDO HOUSTON BOSTON ST. LOUIS CINCINNATI .DALLAS CHICAGO CLEVELAND DETROIT MINNEAPOLIS rt ? I f T' lit ' i, rn- 3 '"&., '. . - L v 1. W it n . "' I i' , , Mr ,i -k iu ,mL.iSL, ..wAJSiissfe.1' m i A wu fJp,fiaJaift..i.v, : ' " Sll. aSJL.il.J Jii. . jl. ,.iC,l i tn -v i,iiL.l,JLIC MlSmknU. :- M l ifWsMtlliiSMTsMlsWMsShT1 'J&,i ft-atf-J), In- 4,. ii" ii.4 vr .r wi-
Significant historical Pennsylvania newspapers