t- I if w i , V'v i. v 1 20 EVENING PUBLIC LEDGER-PfilL'ADELPHtA, WEDNESDAY, HAY 28," Mb ,.vl 4 ' ' V- f if T'f" ,., - ie Prosperous fcncan Industries ves securities on tne. ti'rkct which' provide a . degree of safety and iii Kberal income returns 'M'i ..)..... -. f. ........ . "S. . ..tuutviivwii n n-w jwifl f $stif(ago. The ever increasing c". ,iaia among dii uiaasca Jr, Ot investors is prom bui 3fi'cient of their intrinsic market. 'Wc shall' be Had to dis- eScuss by mail or by per- Siy sonal call the relative m values of the important K " Hflttfitvinl pnnllrifl D KS FINANCIAL NEWS CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS now on the market. Si-, IHiemphill, Noyes & Co. ,Hhn6rr vrt Yorb Stnrl Rxchantj iFranklin Bank Bldg., Phila. Nwv onii IHIHTOV Iltlf-TAI.O lay State Qi!& Gas Co A Giant r among Hip Independent OH Com jnnle9. Hhh a record of years Tort production and hlel dlUdond rate. Wc Own and Offer $2 Per Shnrn or call coriionttloti. MORT0rMllTTENHOUSE-AI EXANOER 50,000 Shares at $ ' WHITE ;ih mr .Tor Ittetor) nf thin .MORTON'Rr (' Phila. SI 40 Wall nek Exchange Hide. 11 Street, Nuw York q: $1 I S7EEZ, INDUSTRIALS SCORE GAINS IN NEW YORK MARKET Many Issues Sell at New Hi fill Levels, tittough Hears Cause Some Weariness Victory Notes at Par New VnrU, ainy 2S. The lnik nun kct pr "tented mniij Importnnt features in today's trniliiiR. with ninny slocks- called mi to siiind icnlizing on n laigp m'IiIp. Init. uhilp thpsp issues showed IiciiiIiichn at intervals, bill ing orders cniup In to otlipr stocks in iiicrpiiing nlnnip mill tlip impm-iint inmpnieiits of flip rfiiy were In nintprinll.v higher prit-ps. Mmiy s-tnck.i sold nl liPH- high record nml n Inrgo ininibir 11N0 -filil nl IiIrIk'I IpvpI reached (Ills jpiir. ' At limps iIipi-p was ii illxpi'siim of sippiilntiM' netivily In industrials t In I hnd not Iippii jn iip , inNM of imit-kct lender mid nmnj nf Iip-p issues, In cluding Coin l'rniliirts. American I.Iiippi mid Aim'rirnii Hiilp nml Lent her, made iipw high ipcoiIIs. Anipiii'iin Tolnicro mid I'mtpd Slntrs Ituhlmv inndp pxtpnsivp ndvani'ps nnd worn pstnlilislmd nt tin- liiclipst m-nriN nt liii'(j tlipy pvpp sold. In tin- IiKp trnilltiR tln lccl iiidnlrinls Iipciiiiip tin" most proniinPiil fpiitnips. I'nitpd Slntps SIppI lipinu IioiirIiI ill Inrgp liloi ks h Iniportnnl hnnkhiR mlPi-psts nnd. nftpr n ii'iu-tinii to l(HI'),. nilvnnrpil I" !)';. innkiiiR n iipw IiIrIi iprnril fur tin1 .i-iir, t'nii'ililr. wliicli snld mcmiI nl i. innpf up to S:i. nnd llnldwin l.opo mntiip. ii ft rr spIIIiir nl llHI'i. iidvnncpil In 1IIITS. p!vins n hplipf Unit Minn- inipouliiiit iii-tinii mil lie Inki'n liy Dip dii-prlori loinorro . Tin- Mpri'iinlilp .Mhiiiip storks wpi-p strniiR ill IIip piiH Iradinc. Iipii ip nimki't Tor llmse issups inllniMirpd liy the ollicinl niinoiinrpiupiit of tlip iinniiKPiiiPiifs fur liiind.'itiiiL' Hip i-miiinny nnd iPliriiiR the Ii ppr rpnt iionds nt IK'. Tln (illinium ihurpiI in Hip f,Uri n from S'2 to ."II 'i nnd tlip prp- fpripd mliniiipil I iinints to IL,V'... lull ilrmiiipil In fl nn slinrii rpnetion in Hip nflPinnnn, I'ultiiw inc Iipiij hiIps Iiv hroknrM suppnpi to rpprpspiit im- liilllllllt illlPI-P-ls in till' rnlllpmiv 'I'Iip linnil iniiikit ns iicliM' nnd irtpeuliir. Ilic mn inipoitiint fpntnrp wii Hip .hImiih-p in tlip i. lory l.onn l:',s to 100 and it uns RPiiprnlly ns siimid that il will not ip lung lipfnrp thosp notps nitiRp widl nbovo par. Miirnrs lis iTi in iiip for -mc tpiismi, ipdiiiR nbont I ppr rpiif. ILL ST, PREPARES Market Hesitates Over Short Sales, Profit-Taking or Buy ing for Long Account STRONG CABLES BRING UPHEAVAL IN COTTON NEW YORK STOCK SALES U. S. LIBERTY BONDS , $50, $100, $1000 trcur. oi.d An nrrnjijn.ijEi) TOR INTKST31ENT " .Kewborger, Henderson & Loei u ciiKSTNUT smnirr lir. N. Y. ami Phlhi. Slock Rirhnnrt Pn tons . lni H Artnins Krprpss . .V Vd,(nr Itnniplv . :"J', I Ailv Itiunplv pt 70 I Aj.ix Ituhlipp ... til iv Al.iHkn i Sllnps. Ii', Alnska .liinonu . . '2H Allis-Clinl .Mfg .'.it yxins-i nni .aitb pr. 0-1 :n Tfi nm 3".' -"i t."i tl."i :.o tin -"v l-t iift rr-Tlnu . , . cloop Hlffb I.nir ClnP LehlKh alley . . ."it'a .Wi .Vt1, :,)', Lonsp-Wllea BIa ,-,7 .-,si , 57 ,-,7 t.noBP-v h ihi nfioi inj'. in". in; Am ARrlcnl Clipm.lOl.1' IlO'j init'i it Local Induitrlals Only ! BENNER & COMPANY, Inc. Wldener Building J Branches In Penna.. Readlno, ! Lancaeter, York, Allentnwn If riNWM'IXI. pf'l.lll'ISIAVA oil. ItKI-INIM.enillMlltAl lll 411 llir. IIWI llhKS till- INK IIKST MIIIIT- fiAiin six rr.r. (tnt tiw yrxn 1 u (IN KRTIIll.K .lll.1l IIIIMIt. III.' TI1M lv'nnr.l.. nil. IIIKI linii (,IIIfriJK,. TION: i-'nCi-r th" Slnkltnr 7'nnil nrnMlnns nf lhi Inentttre dated Mnv 1.", 1 1)1 T lHtivppn th $ khte roriKtratlnn anil tlie ilMtP Street irtfTrtiet Cnmpanv rl Ronton. llo niMornlfrneit ?3WiJJI hThy Elvea notlee that unlit .lime s- S.elOlD. ut tuehn n'elnek nnnn. It win r. KA. celT aealeil propoaals for the eats of the Ptv, hr,vi.nara(l honrN io abnrli the sum nf BIJry'nlne llinuannd nve nuntlrerl elchty riot 7laa and livenlv tents ftim.r.fttt 'til nt un XwaVf therenf. No Itontts Rlinultl be offerer! at jp ifttTlwreiceeilliiir lltfT. Hurt aperued Interest. J- n,lfc Plpht ) .....t.ri In at., h n... It r ." - .v-...v.. .w ..jit. i.ji aiiu nil it nrtinniiala SIA.Ci i3inr.j(i iiiiioi Am Bepl SiiRHr Am Uost'li M.-ir ..10i;t Am i'iih ... . 1 n Am Can pf . ,10.1'j Am Car Kily 10:;84 Am Cotton o 1 . ,1(i 3 Am I "rue Sjndl . I.; " Am llulo & I.pu. :i:ji. Am II & 1, pf .lull, Am loo ,t Am ho pf 7f)Jj m International. TJ.'i Am Linseed ... JJ Am Lmspptl jtf . . t Am l.ocomotle . . sji. Am Loco pf .... lf,7'j Am Mnltlne .... :", Am M 1st pf ood. .,r'". Am .Smelt & Rer. s'". Am S & II pf 107'. v.T M IOIJ4. '10 (ill ."iM 101 101 t I 'l.j 10L" 1 f.8'i 101 Lurlllaul I Co AInckav Coa olanliattan i:iv Manhattan Shirt Mnxwcll Jlotors .III: 87 IIS1 4!l14 KW-j 1 00 lf.'U" Maxwell M Kt pf 70'4 Mumell .M id pf. iiO'j May Hept Stoic !)7'i Mexican 1'etrnl . I)2i JS ATI fl Hit ( 'rililia IPI-.III"!- mil . . """ l'l -,;,-;.? V." "MlUvale Steel . . iei .T," .,-,' Montana Power , .. ,.,.,.,V .. I J'" k'an & Tpx 1. I l-l.M l-t . n x-an 2'!, MSSC.UI iV.n4 Minsowi EMo pf J-, Nat Acmn . . . V,,'. ' 1 N.U Bwcnlt . ."i9J 7:t 71 IW. 112' 1 (05, l's iir,.'t or, Sli'4 si 107! j IfM'i :i!i :i'-j & T pf r.iuifHj . ri. 14'. 7!) 20', 02.-J .in': 1 2:1 s.-.t. Rf, I Nat Con A. Cable. 20,'j Nat Kn & Sttlm) r)ttl) .ii Am SiiB.ir K01 Am S rief pf Pe R Tly ASHTOM LFpatcm. alaas . rOMrNT I.. CAHR Vlee President. ' Mav 1. 1H19. Annual Meeting Ti-T3 AXNUAr. V,(llrBi tlablrV llnfnltal of I'hllndeliiliin will MKKTIX1 IIF THE K?fc'helol on Jlondnr. June tfth. at the Dlanen 5jp. m.4 for the elertlon of officers for th in. ' Ah" n' Ciiioili bpbviiiib' jira. Mm. jnr muuh tuner Duttineni as r2tna.y properly come before the meeting. if Til.L.l.dl .l l-H.UULil Rl U. -- Secretary HK CAMFI1RN1 X TK l lltlMVW iej HWI.OIII mii. llMirvs j ,Thf Annual Meetlntr of the 1tnelthn,ilri tpv hi tins v.i.iniirtii win 11. iiiii hi ttie ntnre nr lf5 then Company- In the Cninmrrlal Trust nullri KtHl Philadelphia Pe on Tnendav, June 3. ajv ll. at I-:30 o etntw p m , t . t t,ilKII slPPf,r I i& Annnal Rleetlons ' t-jS-llMDttU COMPANY t"3 Uentral linite. llexdlnr Terminal. 1 rhlladelphla. May "11 it, in Kii Nottc Is hereby nlven that the annual tsp election of stockholders of Readlns: (inmpany Pfi! To elect nine Dlrectorn tvlll tnlra nian. iM Pf-llimii fn. s23. Remline Terminal. Twelfth mnn waraei sis., in me city nt Phtladel. - rhl on Tuesday. June 3, 1919. at twelve 'clock' noon. By order of the Hoard of Directors JAT V. IIArtE. Secretary. llltldrnris lll'I'lfK IIP THK t. II. f'.KIHT fOMPXNV Ijlttll Title llullrflnj; Phlladelnhla Pa Ma "7 tntn tllrertors iif I'reeifflrt Ons C'nmitnnT I C.nliimet The hare- this day declared it regular tiuartcrlv ainneno nt one Hnn nttr.tiair per rent (SI Ml P1 . per share) on the preferred Mock of the h company outa'amlln? PHable June 7. IDI9. .75- 10 notners tit ttatn sioch o reioril at Ihe i& eln nf linslnai. this tlnl. Il BCKa Ml" '"' ma 1 led Am StPfl KilrlpH . ,IS Ani h'limu Toll . . 1iM Am Sum Toll rt. ,r)it Am Tel k Tel . .107.'4 Am Tobacco . . .:M0'2 Am Tub pf new HiO Am Woolen . ... s'j; Am Woolen pf . . 10'2W Am Writ P pf ... Abh Am Zinc I. & S.. 1 Am Z 1. S. S pf . An'icund.t Copper. AnsetB IleallXii . . 2 . .-! VsHiiuiaterl Oil 1)0' Atch, Top & S V 102 Atch TitSK pf. ,sn All Coast I.lno I0.13 Atl (Julf klVI. . 1(14 All G & W I pf Baldwin Loco . . l);tUI in Loco pf HarTlmoro & Ohio Hallo fz Ohio pf Uairett Co .... Hatopllas Mining Bethlplipiii sjiep Beth S Clans B. I Betn Steel 8 p'Ml Booth Klsherle.s '2" Brklvn Ivl ICIpc 100 Brook It Tran . . 2(Uj B ft T cfs of tlep. 2."i.'4 Brook I'll ion OaH Hruntt T & R hpc Butte Cop & Zinc. Biitto ft .Sinierliir. I Iliitterlek Co .. . . ' fart do cent j Cal Packing 1 C.il Petroleum . Cal Pet pf & Ariz 107 107 . 1 n';Ki:i's i:;i. 110 lis us 110 Hl.'i 70.', 71'3 . lflO'l IOC, .11 v . i:n i 7tij, 7'j V.4 107'. It2'-j US .7't .iK lOil.'t 101.'! .Vi Vi ",, I07'i 107 107'i 2l.s'20S) 20S', 100' 100' s 10P', S7si S'J'j 102", 102'2 4.-..' t 17 .ON 7l 1 Nat , N,U ;in': 102'. 10! 17' .-,0' 71 4 r.',' 17', .-O'l 70' j Lead II of M Jd pf. Ne Con Cop New (ii T At M." N V Air Brake 1 N V Central ... I N V Chi & St L. . I N y Pock . . . . N Y Uock pf . . . N V Out & Wes N Y N If & I .. Norfolk Southern Nor & Western . North American . Sl'i 17? IIS oO 7S .11' j IVi'i 2S M's 14 7Si ' 21 :i:i' ss :J7 l.'4 21 (in' j ;u's 10 177, IIS 10 7fU, :!S 11s 403! 70'i .111, 1S2i 1MH fit .")2 W: 14j 70' j 70.1 3 21 21 :t2' :i:t jflW .17' j :io'j ."7 124' 124'- 20', -Mii OS' s OS' j Npw York. Mny 2S. Tlip Np' York KvpuitiR Sun's hnniicinl rcvipw this af ternoon 1 as follows: TrndltiR sinned up Mifficipntly in (n ilnj 'm stock innrkpl to indiralp that Wall street nnn liPRinnlnR to tnko into iiproimt tlip fart t lint after to morrow thprp will lip thrrp days In whit'li tlip exphnngp will be idospd, In such n time as this n rpress of that duration Piitnlls n Rood (IphI of thought ful consldpration ns to tlip wisdom of tnkiiiR profits, of FrllitiR short or of further InrjiiiR for Hip lone account. 'I herp arc so ninny in the market now. with supIi n vnrlpty of intPrests nml cnniniltnipnts. that it is entirely possible tlip irrpRiilnrtty in price niovr nient. which was in evident p jestprday nml Inilny, will be mnrp iiroiiounceil tmnmrow and thnt tlip net rrsult will be 11 Rpnerallj loner IpvpI. fo far, the undprtone has rpiunincd strong. Thprc wprp ninny stroiiR Rroups nnd individual shares from thp openliiR to day. nlthoiiRli the top priivs wpip not in nil enses sustnined. ComliiR nt this tiiae. Ihe (iertnnn countPr-proposala for peace operated nn the sidp of cau tion. TIipi-p was n mnrkpi disposition in the strppl In rpgard thpsp as formu lated for political effect ill the Fnther lnntl ami thai nominal concessions miRht lie .vjeldetl In the Allies for Ihp Rpncral purpose of stnbillinR the Ebert Rovernment. which would lip for tin- mhanl.iRP of nil parties to the peacp Irentj Still thp circiiiustnncp Hint the un certniiit.i of wbelher or not thp enemy will mrii must leniain mi uncrrtninty lip to the lime the market rops into three day' iccess, nnd this naturally tends In repression and caitnilment. Precautions of this sort did Early Prices 46 to 60 Points Above Last Night's Close. Heavy Rebuying New York. Mny 2S. Surprisingly strong Imerpool cables caused another upheaval in the. local cotton mnrket and prices at the. opening jumped -JO to 00 points above last night 8 close. There was also'lieavy rehitylng on the continued rnlna in thp cottou belt weekly weather report. Private cables attributed the Liverpool strength to trade and continental buying. The pnrly advance brought out a good ileal of realizing, nnd thp market wns easier. The reports of thp weather bureau characterizing the week ns an unfavorable one for cotton, appeared to have been discounted, ns the realiz ing enntiuued with prices showine rp- actlnps of some JIS to 40 points from the best. ( The tone was extremely nervous, nnd It is said that moRt of the local com mission houses are advising caution as they nntlelpatp violent fluctuations after the almost continuous n (lvalue of about eight cpnts per pound. The receipts at the ports for the day nrp estimated at "8,000 bales, against in.ftiR bales a week ngo; 5817 bales a year ago and i(122 bales two years ago. 11 no 1 ao 2.30 Sm a -' a i iw a i on si.ua .tn.e.7 an ss an 72 an sj 30 77 Philadelphia Stocks Net Hli-h txiw Close chffe, 10 Anaconda 70 V 70Vfc 704 Vi 20 Am 0a. 71 71 71 . . no Am It pf OS OR OS U soo itaid r.oc.io.i4 miii ios W to mill .i a 4ou 4ou -toy, v 72.-. Chile O.. iriTR 25 1(, 25 85 Elcc Stor 75 74 a 5250 Grn Asph Iby, 71 1508 do pref.ll2. 100 rm til vii 17 TJH 20', 70 5!M, 51 j 47'. BI)B Xi 2n 2(1 H 71 2 lllVj-f-5i 7.. .TjyIT. U 20V4 71 1 5!),-f. -r 51 '. . . 17'j- 00.. 25.. -iVj- Juh Aur Kept lct , No 1 let- Jan l-eb .Marcl Vest Toda V close open .tl ej at nri 31 00 .in sn 30 R7 .10 K'. an 2.1 an 22 3D 17 32 2n ai. ni Rl.nn at 40 an r.7 31 0 an in an 22 30 7!i a m .12 S2 31 05 ai no ai na 30 fl 31 13 3d 70 30 22 30 77 1 an p m. 32 10 31 0", 31 on 31 24 an .17 ai si 30 70 30 22 30 77 LOCAL MINING STOCKS TONOPAII STOCKS .rim Rutler . . .37 Mat Xamara t MldWHV 4., Mlzpah Kut p; Montane e.i North Star . on ItfFCUe lllll.t ,. -i Weal Knd -J OOl.nPIBI.I) STOCKS not affect ' Atlanta nt mi iiiiii t n, .... .seiiiinipiir. iinwpipr. nmi ine consensus . nooin of opinion seemed to be that the for watd swine would be lesumed next week, prtnidetl untiling liapppupd in the mcuntinip of a sensatiouallj adverse nu- 7S Id 17): .124 . J.",' ;i2J :tlH . 5-t 2.1! s . .'12', IS',' Ul.'i Cll'i V.'.'. S2 .12 .12.' j 2JO : 2.', 1!) Ill' .W ill .11'. 01 102'slOl 102'. ss'i ?'i ,S7 101 101' 101 ltifl' 104 ii.l VoiMuiii.'io)', ' .1l, .it 54' ' Vi.1 1 .IS'. .Vs'j 131 1:1.1 i:h Canadian Chandler !M 0' in:. SI' fisj H21, 70', n.1 Pad lie. 107 Motor 1S.1 ,' 112', ill 'I1 13', li't ;i23 79; -i 0.1), Ki7 7H. 112.'. -Is, 20! 2.1 ill OH HIS 21." 27' .11 C,-'x :i2' 7l'. (1.1 ' l(!(l!i r 11 wi:aic Secretart 1S7 21 l'l '10' TUB LEIIK.II eilll. AMI NAVKIATIOV Philadelphia April 2.1 lain Dividend Nn. ins. Z? The Rnard nf Manntrere this i1.v at....i tioarlerlv dividend nf T1VII lifn .-i.-ve "Ifil-Ottf ner share) on the capital ntncu t'it.. '4m Comnanr. payable Ifnv 31. Ifllfl t. .tn.i.- fvlMlinMrH an rFlelerptl nn thn iaIi. n u- Ifta. rompany at 3 o'clock p m April at) lain "Checks will lie mailed to stockholders who bTt flled i-ermantnt dividend orders lir.iui ii FKAflE .-secretary fTfTK KQI'ITXUI.K 11.1,1 Xll TIVC, lis s. s 1IIY CIWtlilM III1 t.lllf .r........1 Philadelphia May 2ft. mill The 'rilretlnrs ' Y'SLXti this day tlcclared a aml-animal dii. tSepd of three (31 Iter rent (S3 no tlMr..l nn i'th-s Treferred Stock pavahle .lime in. Mid ytft siocKnotoers in reenrn at 'h. , lose nf - toalnss,12 n clock nnnn.Jun 7 loin i-hecL yym inj tiinii--u n nn v. . ircaturcr n.'i 40 t7, 29'4 ,1S to.1 07', 1C. 20' i 11'. 10',' 72 I0 lOl'-t :ios hl'i TO', l-l 70 ProtMisals FCIIOOI. Illsirtlt'T OK .1-1111. IK1.fll Healed proposals addreeite,! to Ihe Com- fca. mltlee on iroperiy win ;. te.eHed nt the E5 office of the Hoard nf Public hdi-ratlon. Key K', stone llillldln-r. lOllt street uhove Che. Mint. fw until its m. tieunesuay. rfiine 4. luio, a, ,? XOItOW" "l ,.iipl' .caiia MBlDtlPK. tltttt Vi -windows.' neaunir etc. at various echno! .f.-ttnllMlnce. ' . c A ( lnAvssrt itlnn arnai fn Ks asi A m vJ ft i Bvi" IU.UI....I... "- ..' '.":-" Ff' incaiinns. f. it. fzn h. nht.ln.ri at Ih. nM.na . .. - r., -." - --""- .r "-. "nil." i mfl r-eaperintenaent or ifunmnfrs Kestone nidtr. ,. xvi I.I JAJl PICK Secretary r DIVIDENDS DECLARED quarterly nf retinal foundry. 2.1 Central 1'ilr.i pf isij Ccntial Leather 'l-J'-i I'trlain-Tt-etl P 11 (1 rro tie Pas t 'op 1.1 Cln-s i Ohio .... 1.7'i Chi Ot Western . I0'4 I Chi J ff pf 2'1'j ' fill & Alton pr 11 , CHI Mil & St P 40'. i Chi Mil & St p pf. 72.' flu & 15 III pf In' I Chi A. Nwrn 101 I Chi It I & Pac. .10 j c It I .4 P 7"e pf S.V ' II I & P fi pf 7i I c c c t St I. 47' i i' S. St I. pi' C St P M & i ' Chile Copper . Cllino Copper Colo l-'uel & Iron Colo Southern . Colo So 1st pf Col Oaa lilec I Coiirolldaleil C.aa 101,102-.. ' Con 111 Cal Mln . M, il' Continental ("an . .1' S7 Corn Protl lief C.Vi OS' Crucibltt Steel .. SO1, Crucible Steel pf 100 Culm Cane Sugar Xi'i Cuba, f S pf S2.' Dela & Hudson . llo'i Den & Kin Or pf 10'i Dome Mines 1 Oj i;ik Horn Coal . .'10 Krio VJii Krie 1st pf .iC Krln 2d pf 22 IS t'i 4S'.i 02.' i l-l' 3 07 '. Ii ' 20' 1P t.1 71'i 10 2' . 70i j 17'. 70 i . Ml' I 12' 21'i 'II OS l.'l 2', 27'. .11'. IS :i2K 7!) r,v, 100' j 1S7 40 O.I' 'l'l 07' 10". 211' 'I' 1-1'. 71'. 10'j 101 21' 70 IS 70 . i 10'. 17". 20', .1.1 s:i :io5, 10' li'i m'i .10", -. :io, 17 i 20'. Vi' 101W 0 s.v , (.v. 70 , :5' i S2', lO'-i U'i lii ;io:t 2.Vi 10', 17, 207. V.- T..I. t.-...n c... .... ,. av cue.,, . UI,lNIIiy 1 per rent, najable June 14 Bonlrt Fisheries tiuarterl nf II u .iriirs, VBimuin July i io atol-K n'Jone 14 ' Llbby Slc.Vell I,lbbe dMdend nr I ftflV ClltS u ah.r. h.l.hl. t..lu IS . , . re At record .Ittna t1. A IVorthlnxtou Pump and Machinery Com ritr. nuarieriv oi t per cent on preferred 1 A stock anil 1 1 per cent on preferred n ifbolh na-iabla July 1 to sirxk. f record K.tune20. ji ritannard lias and Kiecirlc fomranv. ouap- Mtrly of 2 per cent on preferred, payable j ,i,ii'- ,i .u ,iik. u, ifiviu .nqy ai '?. Sitna Ulaitnelo fntnpan-, tiuarterli nf I s?S, Kt, l. .h.M navnhlt. .tuna Hl In .1.-1. t rwcord June 14 . 'yr taacuster .Mills semiannual of ,1 per cent -.aDie June - io noioers ot retnrtl May 2(1 n; Standard Oil Company of Kenturky. nuar ririyvnt 13 a share. iaalil- July Books -TtAjeiJunf 14 sncl renpen July 2 . Tlconin-Mlnnesota r.lffht and Potser n,i-Qmpan) quarterly oi i - per 'enl on pre fliXerretl. : , "Jlarlln r Ilockwell Corporation usual ;, monthly nf 1 a share, payable June 17 to tcHBck of record June 10 (selmont Surf Inlet Mines. Ltd . a dividend K payaois amy i to aiocunolders una 11. ... I int., v.. Mnr ureau. quarterly or 15 per share I -"-'- :- zz - preferred a.ttf II. SO on common boili Inter Mer ai pc ,lte auiv i in atncK ui rrtnrn aune u , Jnleri m resuiar au i-ont auarieriy nirtdenila '-i declared today as follows; B. I du It tl N'ninura 4b Co . 4' per cent nn pavanitt .utin i to siocKtioiaers or or, aeDeiiturn sioch. pav a iseimoni Bur 3ft per rent ";,srf' recortj Jun Ked Mill & Sm Ked M &. S pf . Fisher Body . . tiaston V it W tleneral Clear General Klectnc General Motors Gen Motors deli . Gen Motors pf Good (O K) Go . Goodrich pf . . . Granby Conaol .. Gr Northet n pf I! N cfs for ore p Greene-fan Co. . . Gulf States S .. Haskell & Barker, Illinois Oen Inspiration Cop Interborougli Con. Inter Con pf .... Internat Afsrlcul . Internal Ac pf Inter Haiv new . 14'; . 80 - nw . MU .1071. .20-1 . 'JO . 01 II.'. 107'i 72 47'. 141, 73'. o7i 103'. AI) 71. 20' i 20't 8.1". 131 4S.V ll'.'j 1.1 SO'. 3f1. SlU KiS. 201' i 01 7S 109' j im, 70 ;t.'j S1U lwv, 200.' '.1 77 IT.', !9.' 0'j 47 10a U'. U 74 7.1'i .107, fS 101'j 1(H 511 uS't Ti 7 27', IV 20 20 Sfrlj 8Vj 133'. 130; 50 47 nrtum. pavahls ii.rir.v SI. I'A h July SS t" stock hnld.rs of rerorti Jul-,1 -l, I, du 1'ont deN'emours Powder Coin- V IH'' Der cent on common and 114 per itt-.u. preferred, both rlayabla Aucru.t 1 F stockholders of record' July ID. Chesapeake and Ohio Hallway Company, l lvqenu ot - per cent ,or tna last " .. . . all rtauwar 4tnai omnany quar - aetf .csssr vtt preirrx-tu aim v-run-rh!'vl-f U to holder of rrJ Internat Nickel Internat Paper . Inter I' pf -tpd Jewel Tea ... Jewel Tea Pf Kail City So 102 'I S01, (lli'i Sl V-i.'i S2', 10', It's l'l 30 10' j 4 IS 7J So', S2'. 10S 20. 'ii 77 lor.'; iV. 10' j 13'. 71 f.S' l()l S', 7?. 27 20 KOI, 131 17)i m. 28) i f.0 77 40'.' Northern Paclilc. Oil.' Noa. Sco S & C. 73 Ohio Cities Gas . Mjj Ontario M'nlne . . S.' Okla Prod & H .. U' Owens Hot Mac . ol.1 Pucillo Mall . . . 3SN Pac Tel & Tel . 2b.U Pan Anl Pet ci T. ill'. Pan m P AV T pr HI;) Penu Itallioad .. 7,'j l't'iin svaboard S :i, People's Gas Chi. 541 Peoria l-iistern I2)j Peru Marquette . . L'2 i Per Mar pilot- if ti2'i I Philadelphia Co . 40-' Pleice-Arrow .. TAiit I Pierce O'l 20' j I Pitts Coal 01 i Pittrt Coal pf f Pllts & West Va. 38 Pond Creek Coal. 17!. Pressed S Car ... Sl'i Pullman Co 127"i Puma A Sugar . . 50 Ity Steel Sptinc . my. lUy Cons Cop . 23 Beading ri4 Iteatl hi; Iri pf ;i7i, Bep lion A. Steel S7', Roy D Am shares. li;. I Roy D N Y shares 113, ! pi .lobeph Lead . 14 I St L-San Fran . . 23 I Si Ij-Smi Kran pf 33 I Saxon Motor !)', '.Sealioaitl All- L. 10'j Senhoiinl A L pf li. Sears I: &. Co .()(,jj i eai-M II & Co pf.120 Shattuck-Arli! fk Sinclair (I lief . . 1 ,1 Sloss-Sheff S A I 03 Slnss Sli S A I pr !iitil Southern Pacific 112'. Southern Itwy 31'j, Southern P.w v pf 7j .standard MIIIiiir ;(,1 .Slioniliprg Carb . ,1.1.',' Stildebakei Co . O'l.'i Stutz Motor . . . (,7t j Superior steel . -tyi, Teiin Cojt Ac Cliem t, Texas Co 270 Tea & Pacific . fil Tex Pai Land T 42.1 Third Aieniin . .. 21i Tohnci'o Piod ... 07 Tub Prod pf .... 10.1 Transim A. Will . .10 ' Twin c 11 Tran. .10 1 mlemnoil Tyie iS7 I n Bac A Paper. Mi I'iiIoii Pacidp 137'i 1 nion Pacillt- pf 7.PJ I'nlted Alioj s.. ,1j I'll Cigar Sioies i;j;ii4 Vnlted Krult ....ISO', T S Cast I P & h' .,-,, V S f I p & K pf. ,4 lr S Knjiipss . (Il i ,-i ronti ri oil . . t,l flU'i 7o 5.17, l 12 147 i 27 Jo' i 47s. 311'j 2.1 00 207 1 01' OR 37". IS S2 J2S. 50' , '.I3J 23 SO'. SO', 110 117 1.1 23', .127 j 22' .12', l'l 1 1 17 57 '.IS', 7t 54', S'. 11'. .11 !4N 47', 30', Ml, 127' 02"' 40' , 50', 20 t0', 04', 37', 18 SO',' 120', 50 00Ji 22' SS', S7S 111'. 11,1 10, 22'. SJ', 1'J 1117. .17 Ml 74', ft' 0 II1. .Vt 27 it'i 02' i 40'4 50', 20 (US OS 371 IS M' 128'. .:o 93), 22'. c8', J 81, 11.1 115), 15 9. KV, il.',' Id? .'01' 07 Ot 113 31' 201', 201' .18', DO' , tS 52 117. 282 53', 23' , DO1. !OS7i f.T'j .10 S7 1.17', 73 U 52 131 ISO 20', 04 31 ' S17, 05.' 03 112 31", 71 32!. 07'. 03', 10', It', 270 517. Hire. Transact ions in the first hour were heavy, but thprenflpr t hoy ilei-liued to ;l,)ubnut linlf the pioporlions of recent sps 10 I sinus. Klui-tuations were fairly broad 177. 1 at limps, although net clinngps wpi-c I narrow. Xlariiip, common mid prefer red, enjojed a considerable spurt. The nils were in good form most of the ;jaq J tfnic its were thp sugar, leathrr. food )2; jtiiiii iou.1 i groups ami i-ui-ii iiKiivniuai -'?!, issups us Corn I'rodinis. Ainerican Ice. Nntiimal Kniiiueling, AVilson Companj . International I'aper, I'nlted States Itubber. Ainerican Linseed. American Cotton Oil nnd so on. Some of the rails displajeil prniiouiiced strength, but that list was in genetnl tiiict nntl re served. The shorts made a more determined effort to coer in the last hour at nl time when the supply of stocks appeared! to be limited. This was particularly I true- of the slpels, equipments nnd cer 4.1, .;n u..n..;nii;nu i:..:,.i (?..,,... c,t ' ,..., i.,ti, 1" ii.ii,. uinn ii ntiin a i'h 'it 5,ij j ciosspil 100 and llnldwin I.ocomothe 127.-1 104. I Iip coppers were also drawn in. At thp samp tinip. it was to Iip noted, that not n few of those stocks, which had pipuously Iippii bid up brondlj , receded m some extent. Bonds were firm. Victory Loan notes were well bought nnd were run up to par. Mone.i intes were unchanged. Call loam, were quoted nt G per cent, in cluding renewals. Hankers niPt to dis cuss lttissitin financing with respect to the imperial 0 per cent loan, which matures on June IS. A subcom mittee was appointed to examitip into thp matter nnd report. Il is probable t li lit some means will be found to ex tend the issue, inasmuch as funds ate available to paj interest for the pres ent. Foreign exchange was featured by additional strength in both francs and lii-p. the former advancing (i'a centimes to (5.50 and the latter 10 points to S. 17. Sterling was slightlj easier, as were the neutrals. The Iron Age slntes that demand for j steel has improved ineasureahly and that spntiment in the industry is belter, ns might be expected from the failure of the railroad administration to break j tluv prtl-p of rails. It is presumed that j the 200,000 ton order must lie followed ' by larger orders. Some small reduc tions haie heen made on finished steel. Predictions of lower priies, however, I are less frequent nnd less confident. Cotton was firm to strong. Illainf H II ... Da Ke anas ... ... Orn ... Hlhcr Pick . . Spearhtarl .MISt'F.l.l.ANKOt'S Arizona I'nUed Neadn Wonder Tecoim Mlnlng 08 Ask an l.v Ml ii 2.'. II ,R .111 13 (13 na nn (ii .10 in .11 Appropriate Frank A fiiend has just sent ine Iwenti-foui- bottles of Leer and I hardly know how lo Rtan mj letter of thanks. Tank Begin. "Such being the case." Michigan Gaigo.ile. 100 Tut Cons, 7 V, 5.1 t C X A .T2?i IR25 M S Cor 20 200 I.eh Xav. 71 " 181 I.eh Vnl. !00 Mldvale.. 157 Pa It II. 100 Pierce-A. 00 Plilla Co cum nf. fita Phil Elec 25 770 V It T te 2V4 10 So Pac. 112 112 112 ft 1 Second & Third V Ily Co..21fl 1100 Ton tlel. .1 ISO.Cn Tract 40 DiVG I... 110 100 L'n Pood Prod .. SO 25 U C N .1.1 no U. mot 2(1 'V H ritl.100 100 10(5 rtii to n fill.l(l4 IDS IDS"! -fl', SOS W Cra.135 130 i;i:i -f-;j 105 York Ity. Uft 0 ))i,.. I0x dividend. -fCash snles. 21 n 3 10 oo i so 2111 .. 40 .. 00 SO I ino'fi 24 High ()SK. Low Close thee. OS 14 OS 14 14 I02' 1021,- ."5200 El &. Pc Td 4?.. S000 I.eh Vnl lis 102 2S50 Lib Bond , 2d 4!n 05.10 1)5.10 0.-I.10.10 1st 4',s 1)5.70 1)5.00 1)5.004..:!0 :il4s... im.io 00.10 imuo .10 4th4l4s 05.70 05.30 05.7010 :td 414s 00.0(1 115.08 00.00.40 1st 4s.. !)5..'S0 J15.no 05..,0.. 7.'!."0 Victory 4s... on.no oo.oo oo.oo.. 4(K)0 Phila Co cons 5s 80 0000 Phil Elec 1st 5k.. 05 "s 1000 l'n ltivj inc 5s. 71 050 300 0750 4000 450 SO SO 05 7114 71 NEW YORK COFFEE MARKET New Yorh, Maj 2S. The mnrket for coffee futures opened irregular this morning and first prices were 3 points lower to 0 points higher. Yesterday's Slav ... .lanuari September December March close 111 2(1 In .Ti is nu is 4n JR. 28 Today's open 1 n 20 in.sn I R 111) 1 s r.s 28.30 WIDE ADVANCES ARE MADE BY ASPHALTS AND CRAMPS Those Issues Make Up Bulk of Business in Local Market and Reach yVeiD Tops Victory Notes $trong There wns large trading today on the Philadelphia Stoc! Exchange nnd several local lenders scored Wide ndvances, with virtually all importnnt changes to higher levels. Although the market wns slow in getting started and only limited transactions were recorded in the forenoon, (Scncrnl Asphnlt issues nnd William Cramp trust certificates turned nctlie around midday nnd new high record prices were scored by all of. them. General Asphalt common showed more momentum than anything 'else ap pearing and advance as much an .114 points to 7514, while the preferred rose more than (1 points to a new top. of 11214, with slight renrtjons oceuring later on profit-taking. The bulge in these Issues was thought by the Street to forecast a rontinueri, bright outlook for the asphnlt business and benefits to be assured through closer co-operation with, the Royal Dutch organization, since Colonel Andrew hos resigned as vice president of the General Asphnlt Company to join Itoyal Dutch forces. Sensational gains were recorded by Cramps on a moderate turnover on the ' local board. The demand quickly carried the certificates up 5 points to 135 and on thp New York Curb sales totnled around fiOOO shares, with the price also rising to 135 in that mnrket. The new level shows n giiu ot 12 points for the three days' trading of this week. ' It was pxppcted In the financial district that some important announcement would be forthcoming nt the close of the company's directors.' meeting. Hut it wns In session when trading stopped, and therefore no' news was made public in time to affect prices in the market. Tonopah-Hclmont wns fairly netlve and firm nnd Philadelphia Electric also lose slightly, hut I'nlted (Ins Improvpinent nnd Lake Superior Corporation piich Rhnded n little. 1 It. T. certificates lost 11 frjictlon, but I'nion Traction was unchanged nnd Electric Storage Mattery also held around its previous closing level. Hulls were quiet, but Pcnnsylvanin advanced slightly nnd Lehigh Valley gained 14. SIppI common did little, but wns higher both for cash and ex the quarterly dividend of per cent. Victory Lonn ls were netlve nnd advanced to 00.110 here, while in Xew York they sold a t par. Higher prices are predicted in Wall Strt circles.' Liberty Loan issues nlso made fair gains. Net Income of P. R. R. Lines JVcst Increases Karuing figures of the Pennsylvania Railroad lines west during April, ft statement of which came out today, show substantial improvement in net Income over March nnd April, 1018. Although gross for last month was ?8,008,487. ns against ?8, 180, 200 in March, It was SI .214.120 greater than April of last, jear. and the net income for April was $021, 223, compared with only R34.004 in March nnd with $550,720 in April. 1018." Net operating deficit' for the four months ended April 30 was only S500.010, cotppnred with $2,580,850 in April, of hist j car, and with $1,220,2.'!:! at the end of the first quarter this year. o The Huffnlo nnd Susquehanna Railroad Corporation has declnrcd n quarterly dividend of 114 per cent nnd mi extra dividend of 14 per cent on the common stock. The regular semiauhuul dividend of 2 per ipnt wns dpclured on the pre f erred. Roth are pnjable June .".() to stockholders of record June 10. The cor poration hns not yet signed n contract with the government for compensation. This will probably be on the stnndnrd basis. Lehigh Volley Ruilrond gross carningniln April were announced today as $5,105,830, a gain of (-101,400 over correspondin.t month of 1018. but the net opernting income wns only .?2S5,(147. n decrense of $20S,055. However, the net operating income for four months ended April ,'!() was $130,281, nn in crease, of $570,022, compared with the same period of the previous year. (t,V, 1 fit ii'ii. 31'.! 71 j ' 52', I OS', OS 52 14'. 270 517, 21',' 23 07 US' 1 100' , 10S V S llid lrnlinl lWl'l-101 121'.128.'j" 121 28). 20) i 28), 54! i 57. Ml, 70' 77 70'j 40 11', 40), Ml ...24 23i 2.1'i -23'i l.'nvsor (.11 A CO. 121 124. 121 l.'l Kelly-Sprlnjf T .128 12& IVSJi 1MJ,' Kclsey WbeeJ ... fi8tf 58 58 t 58 Kennecott Con .. 30) 37 .W, 30 J KoystonT&R . 91 04J, DM, Wi Lap Hteel ,,..., 84 8l)f K$ St'l -107', .1151, . 80' i isr 73 I S Itenltt A; l,n, 4,j V H Rubbet . lo'l' U S Itult lsi pf H4 lT S Smelt R A M (,s I- S S P. A M pf I' S Stel V S Steel pf . . , Utah Copper . . . Utah Securities Va-Cnrn ( 'hem Va-Caio (' pf . . . Va Iron f A- ; Wabash Wabash pf A . . Wabash pf B . Wells Fargo Hx. West Man land Western Paulflo Western Pao pf Western Union T WesthiR Air B . Westing IJ A- .11 Wheellnc A L jj Whltn ilotors . Wilson A Co . . Wilson A Co pf. Willys-Overland VI!l.s-Oier pf . Wool (F W) Co .128', WorthliiKlou P . M) if Wor Piinip pf A. 00 Worth P'pf n 70 Ex dividend- Delaware per cent 43'. 112 l'l', VI1' 109' , 11.W, 81 74', 50 S7 1.10', 73', 52 132',' ll 20 04 31 70 10 H,' 42', 107' 114 OS'. 100.', 115', 80 50 S7 l."7, 731, 52', 13.17, 18.11 20 (Vt 31', 70S 101 l.I't 1107 114 00 ii'iR',- 115', 80' j ;i 113', 113', II.-!-; 113'i I l.'f i ll 30', w, 23 . . 70',' 13 23 56', 02 1I4,' 70 13' j 2." j 094 ll'j .'In', fid 13 22'. 7: II!. 30.1, 'rw 22', 02' 89', 92 . 51 - 107, 51?.' . 88', .102 . 38-, US f8. 10', 00 01 1021. 387. 70, 00 70 371, 10', 60), 8S 102 377, 09.1, 00 7(1 58 10' HINES FINDS OUTLOOK G00D) Railroad Administrator Not Planning Immediate Rate Increases Washington. May 28. Highly favor-I able conditions and an outlook for ex.- I ipllcnt business were reported today by Director Genera! Hines of the railroad administration after an extensive trir" through the West. He expressed a belief that the recon struction process now under way would t reute a big industrial revival, beeatrse of the arrested demand for many prod-' nets not produced during the war und Ihe large buying power of the public, due to high wages and high prices for: ipeord faun crops. ! I'ntil the industrial situation ft clari- i tied, offieials of the railroad ndmlnis-1 (ration do not expect to consider ap in- ! crease In freight rates to compensate i for Ihe deficit arising from reduced business since the nrmlstlce. Funds for Rajlway Coupons I llrown Brothers fc Co. nnuouuee that they hae received funds with which til pay the coupons due April 1, 1010, of the Mt. Washington Street Railway first mortgage 5 per cent bonds; Allegheny, Hellevtie and Perrys- vllle Street Railway first mortgage 5 7IM 90 70 and Hudson, ji. ,iu.', , - ----.. -.......... , SO',' P" cent uoniis. and alornltigslile Kicc- lO.'Jf trie Street Railway first mortgage 5 'SS ner cent bonds. These funds have been received from the Philadelphia Com pany, the guarantor of the principal and interest on these issues. Sudden He--There's Tunmhiv . n.., ... f.1"'-?.1 w nd "'re's Johnson the Pitcher (Hell be our best man bafor. C-'"' Bhe-jWj )) I guesjt 'n b all ?i France to Stop Buying Wheat Crop Paris. May 28. The new Hnnneebill of the French Government foreshadows the early discontinuance of the policy of purchasing the entire French wheat crop. Th Mould eliminate an expen diture ot S.W.OM.OvKJ franca, of ,i,hlch NEW ISSUE $1,350,000 ' St. Andrevs Bay Lumber Co. Millville, Florida First Mortgage 7 Serial Gold Bonds Interest payable semi-annually June 1st and December 1st, without deduction for any tax which tho Company may be required or authorized Io pay at the source, except inheritance taxes. Principal and iuterost payable in United States Gold Coin at Empire Trust Company, New York, or Third National Bank, Atlanta. Redeemable as a whole or in part on any interest payment date upon sixty days' notice at 105 and interest. THIRD' NATIONAL BANK, Atlanta, Ueorgia, Trustee. $135,000 due June 1, 1920 Xa) 100 135,000 due June 1, 1921 991?, 135,000 due June 1, 1922 135,000 due June 1, 1923 135,000 due June 1, 1924 Approximate Price Yield 7.00 7.25 7.25 7.50 7.50 99 98i4 98 Price $135,000 due June 1, 1925 97 135,000 due June 1, 1926 (5) 97 135,000 due June 1, 1927 97 135,000 due June 1, 1928 9634 135,000 due June 1, 1929 96 Approximate Yield 7.50 7.50 7.50 7.50 7.50 Accrued interest to be added to above prices. $500 and $100 denominations obtainable in iy2lM920 maturities. From a letter of Minor C. Keith, President, we summarize the following: These bonds are secured by an absolute first mortgage on all the property of the Com pany, having an appraised value of $4,091,035, which property embraces three hundred and thirty-one million feet standing timber, 115,490 acres of virgin long-leaf yellow pine timber lands, 31,867 acres cut over timber lands, three modern saw mills with a capacity of over seventy-seven million feet per year, sixty-seven miles of standard guage railroad, nine loco motives, two hundred and eighty-one dwellings of various types and other equipment. UNDER OWNERSHIP OF GERMAN-AMERIOAN LUMBER COMPANY, WHICH WAS SEIZED BY ALIEN PROPERTY CUSTODIAN, THERE WERE OUTSTANDING AGAINST THE PROPERTY, $2,148,500 OP BONDS, MORTGAGES AND GERMAN HELD INDEBTEDNESS, $500,000 OP 7 CUMULATIVE PREFERRED STOCK AND $500,000 COMMON STOCK, WHICH., HAVE ALL BEEN CANCELLED. Profits after stumpage charges available for interest for Ihe year ended Decem ber 31, 1918, were $241,923. 1 The preferred stock represents a large cash investment in the property; the preferred and common stock have a present market value of over $900,000, Timber sinking fund provisions are unusually strong, providing a minimum charge of $6.00 per thousand feet of timber cut and a maximum of $10.00. . Minor 0. Keith, President of the Company and controlling stockholder is First Vice President of the United Fruit Company, New York, and an exceptionally successful busi ness man of tho highest credit and experience. - W. 0. Sherman, Operating Vice-President of the Company, is an eminently successful lumberman of many years experience. THE COMPANY COVENANTS THAT DURING THE LIFE OF THESE BONDS , IT WILL NOT PAY ANY CASH DIVIDENDS UPON ITS COMMON STOCK. All legal matters pertaining to this Issue havo been passed upon by Messrs. Brown, Randolph and Parker, ot Atlanta, Ga for Bankers, and Mr. John B. Pruyn, of. Pruyn & Whlttlerey. New York, for the Lumber Company." The timber has been crufsed by T. C. Howie & Company, Marquette, Mich. The properties have been appraised by the. American Appraisal Company, Milwaukee, Wis. The accounts have been audited by Messrs. Hasklns & Sells, New York. We recommend th'.se b'onds for Investment, And offer tbera, If, as and when Issued and received by us. The above information Is based upon official statements and statistics prepared by the Allen Property Custo dian and our experts, on which we, have relied In the purchase of these bonds. We do not guarantee, but believe It to be correct Securities Sales Company Grant Building Atlanta, Georgia ii 1 i lajclede QaS es'. rs. .. a ',.. X4.I-.0 JtHtf JM, LHLWm&' T...iw9i atetsn-iiil lit nrrjapt ji VC ,'"" I ' i'-M Vcltralflt AfistfC m dlvtrteay ol f 'j r ll-J3 $t. . V.f ' fiijBr.r'j' ' w act"v-?TH ry fiVWRaicr d.fcvi ;i7i.ssusasjaMtsK-- '"isvltirti V - i -is. ,S3taViys,'!i w$t i ,tLi
Significant historical Pennsylvania newspapers