A "Vv'l v,; - &m M ELP1 V? V & :n .& '!rt . xi v?f lt 5 s i Increasing YourChances for Profits M 7T ,,by means of a plan for controlling three times A3 llijr Oliuivo n ww 'could buv outrieht for .'''' rfir1 cum is Vll Silt). " ,s oioi- oii - - t iect matter of Our Free Booklet "Carrying Stock oa Account" Easy to understand. ,' Simole examples given. jli Explains deposit require ments, dividends, profit taking, etc. Every man who wishes to take advantage of the tremendous possibilities of the presejit market should read this free booklet at once. Free to intending traders and inveslo) s. Call, phone or write. Ask for Booklet T. U.-182 JONES & BAKER SECURITIES Widener Bids?., Philadelphia 'Phonu Btll, Walnut 1690 Ktyitont, i?af42290 Brw York Detroit Pttttbnrgk Cblcsgo Direct Private Wires Boston NEWS OF THE FINANCIAL WORLDNEW YORK AND PHILADELPHIA SlWK MlCB$ if 1 i - -' - . ....-' BULLS CONTINUE IN CONTROL OF NEW YORK STOCK MARKET " ' Many Issues Score Gams, Rising From 1 to Nearly 10 Points. 1 Steel at New Top for Present Movement NEW YORK STOCK SALES High Points in Todays Financial News New York market was under bullish control and most issues scored substantial advances. Lehigh Valley yielded on big board, but recov ered part of loss, while it also broke badly again in Philadelphia market The Curb maikct was strong. Corn trade was small and featureless. Cotton showed a reactionary tendency. Foreign exchange was fairly steady. Bar silver prices yielded slightly. More gold was received in New Yoik from England. Announcement was made that shipments would piobably reach $50,000,000. How, Where and "When to Invest? The average private investor cannot answer satisfactorily the above questions, simply be cause of lack of time necessary to carry on investigations. Ex perience has demon strated the wisdom of getting advice from large investment bank ing organizations. Write for our latest Offering No. E-34, which may help in vestors select securi ties which are most suitable. Chandlers Company teTt Franklin Bank Bldg., Phila i, delphla New York Boston New lork, June ". The stock market continued under nbsolutc bullish iulluiuco, the result of the !nj ' operations being a long record of ncl Mincis ranging from 1 to nenrly 10 points, there being a pronounced np piecintion In Miliioi all through the list, with onl a few important ex ception. One of these amis Uehigh Vnllej, which continued under pressure bo i aue of the (liidend reduction jesterdny. but after an early loss it showed 11 bettci tone nnd nioed up in the Inter dealings. tinted States Steel common was traded in on n huge scale again, one house buWng ."0,000 shares, while a number of other houses took from 5000 to 10,000 slimes each, forcing the price up to a new high for this movement, ex the dividend. Mam other steel industrials, including Crucible, Railway Steel Spring nnd l,m k.iunmn Steel were in urgent demand at advancing prices nnd group after group of utocks was tnkeu up in order, with an almost complete ab sorption of the floating supplj around recentlj prevailing prices. 'I he copper stocks shared to n fuller extent in the buying than they lime done for a long tlnio and also made material gains, Utah Copper lead ing, with ndanic of !! points to 81, A high degree of importance was attached to hemy inijing of Rending Cnnipnm, which had an ntlwtmc of more than tl points, a contiui.utiou of a movement which started jesterdn.v when the stock was taken on a large scale b some of the mot important interests on the Street. The bond market was active nnd strong all through the tlaj, with trad ing in the government issues demanding most attention. E STRENGTH IS Prices Attain to Levels Prevail ing Before Setback of Tues day Trade Is Large Vigorous Buying of National Ice, Which Touches New Rec ord Cramps Steady Htzh "30 74U 05 V. oavi Low p m, 3Mi 36H 74 74 OiJi 81 "lil".M 44M 4fi on oa Last clue Adams Express . . BOH Advance Itumely. 341 Adv Itumely pf.. 74 AJax Rubber .... niif Alaska a Mines , 3'i Alaska Juneau .. 2U Allls-Chal Mr . av; Allls-Chal Mfo nf no Am Acrlcul fh.m no iiiu inoK 111 Am Ae Chem pr.100'1 100U 10cM lOOjj Am Bank Note... 4714 Am licet SuBar .. I7 89!1 8SH M Am Bosch Alag... 09J 105 101 , 1& Am Can 57" j 5914 G8H ,60 Am Car & Fdy . 107H WH 100K 100H Am Cotton Oil ...C&., 69H C9!i Wh Am DruB syndl . 12. Wi 13 I 1J S 1S Hi- !! 3? 35U 35H m 11 4 L JT:. litMt Ki Am lnternatlon'ai!ln7''i 109 1U81J 108 Limseed .... 07 Am Linseed pt .. 05' Am Locomotive . biii Am loco pf ...,JP7J Am Malting .... o't Am M. 1st pro of d. 01 Am Smelt & Ref . mjij ?m a & u pf...i06'-, ... Am Snuff 123)i... Am Sltnnl T.-r1lA qd IQLit Am i,trn. n- Ae n'n IHtUi 130 Am Suma Tob ..106)j 109 K7 10' Am Sum Tob rts. 4 5 4 41 Am Tel & Tel ..10055 107" 100JJ 07 Am Tobacco ....211JJ SISJt 212 21 Am Tob pf new .100H IOCS 10H ? Am Woolen 120 124U 120 la Am Wnnan t lOO lin 1 1U y Am Writ P pf '.'. 44'1 40; 45V4 Am 7,tno L & H. 1751 SIM ! 08 "bOJi 3 S3.t 07 'as? 02 tOJj G-.Ji b6!f "3 02 MM ' 38 385i lAt 8 00 cloi llleht tow f nv Penn Railroad .. 47J 471 47 47M Penn Seaboard S. 37 3PW 30J 30JJ People's Gas Cht. fi2J Mil fiT 4 Pere Marquette . 21 22H 21W 225i Pore Marq pr pf. flljf C2 02 62 Pere Marq pf . . . 48 Philadelphia Co . 39JJ 30J 30M 39J Fierce-Arrow .... 63H 05H 04?i ,bSH Plefce Oil 25h 2bM 25f 20 Pitts C C & St h. 59 04 02 04 Pitta Coal f3M OGjj 04M C5)J Pitts Coal pf .... 05Jf 03 02" 02M Pitts A West Va. 40f 41 39W Wl PJtts & W Va pf, 83Jf 84 '84 84 Pond Creek Coal. 18 17 17M 17JI Pressed a Car .. S3H 87H P5M 87)J Pullman Co 127!f 128 128 128 Punta A Surar .. 68J 03H CO 03 ny Steel Spring . 02J4 04 03 03Ji Hay Cons Cop .. 22f 2J 22J 22H Reading 00Jf 02' OOH 02! i Rep Iron & Steel, 8SJJ 00M SO OO'-i Rep I & S pf ....1MH 101M 101)4 104!S Roy D Am shares.ll3X lll)i 113J 114Ji Koy E N Y sharos H3M 115 H2 113Ji ot Joseph Lead,.. 14J 14J m 14Jf St L-San Kran .. 21 2Vi 20)( 2IH St L-San Fran pf . : 33 32U 32H Saxon Motor ... 12H 13 12 12!i Seaboard Air L.. 0H 10 10 10 Seaboard A L pf . . 20Jf 2Lj$ 20 20 Sears R & Co 202X 203f 203 203'i Shattuck-Artz ... 14 I4if 14H 14'X Sinclair O Ref .. bCH 08.' 07 07 Sloss-ShetT S & I, '04Jf 09W 00 00 Philadelphia Stoclts Nft Close chge. 7H 2 00 .. 73 10'-f- 34 1 20 .. 70 .. r.i.. ' r2 48 47 Mi 82 .. 54' 5 57 67 OU'i 7J!f ilH 3J o 2 53j MM 5i 74Ji 75 75 00 lot's io:"j 101 S7 105 20" 57 7VA 75 102M ? " Service and Stability There Are No Boundaries to Our Business But, we believe that in our particular locality there are a few merchants and manufacturers who could profit by doing business with this institution. If you will just "drop in" as you pass by, our officers "will gladly tell you why. Integrity Trust Company a Fourth and Green Streets j Capital Serplut & Profit . $500,000 .$1,610,000 siJ. - 4"f KP i POST-WAR SPECULATION 1 We have recently is 1 sued a bulletin entitled, f "Post-War Speculation." f" A gambler or day-to -day trader wouldn't be ) interested in it. The in telligent investor buying lligh-grade stocks for 'dividend return plus ap- I-THreciation in price will ,wr,Ind it valuable. It's free. JBflclMe So stamp to corer mailing. Address Dept. P. L.-S2 f Etbmn't Statistical Orranizttion &M Wellenley Hills. .iia. if 4 New Vnrlc, June f. The Now Tork nveiiinc Sun's financial review this afternoon i ns follows: Virtunlh Mitlinut exception inces 111 todnj'x tock mnrket nttniued to a leel nt or nboe that liicli pcniIed be fore the vetbaek of Tue-clay. TrncliuR n! in large volume nnd from the out set bujiug initiative predominated. Over nnd aboo the technical position within the market itself, sentiment vns further bolstered by nchiees from I'aris, yhicli indicated that events were shap ing ior agreement on mouineu peace terms. This implied that the treaty would be signed even though the actual nffixing of signatures might he delayed beyond the time calculated on. Any thing which points to 11 definite con clusion of the war, or to asurnncc of that end in n reasonable period, can not but operate forcibly on the ever ready tpring of speculative enthusiasm. The resiliency which followed the late reaction has npparcnth convinced the most skeptical that the bull movement lins not jet run itscourse, although it mnj have entered or be about to enter I the last plinsc. This is. suggested, how - ever, more b. the approach of the tradi tional dull midsummer months than bj any sign given by the market. A petition was circulated on the floor of the exchange for closing on Satur uavs in .nuy auci August. This may hae been inspired as much by prospects of continued heavy business as by a desire to enjoy a longer week-end if the usual let-up in business should come. Of immediate influence on the list was the forward tendency in copper metal prices. General Motor's big order for steel placed with the United States Steel Corporation, the continued inflow of gold from Cannda, with n consign ment of 5.",500,000 in bars receded, making a total in excess of Sll.000,000 this week, and so on. Steel easil crossed 109, and the other steels, the coppers and equipments displajed an equally good tone. Marino common und preferred en joyed considerable buoyancy, as did the oils, leathers, sugars, rubber and tire issues and such individual Miarcs as Continental Can, American Can, Na tional Enamelling, Corn Products, Re fining, International Paper and the like. The rails were well bought, with es pecial strength in Missouri, Kansas and Texas, Texas and Pacific, New Haven, 1 St. Paul and Southern Pacific. 1 The forward movement was unabated in the late trading. Rails and indus trials alike were activelj bought to the close. Central Leather, American Woolen, Reading nnd numerous others were outstanding fentures of strength. Itonds were quiet and steadj, Libert Loan issues were firm. Victory 354 per cent notes touched new top uriee at 100.20. New York. .Tunc 5. Many stocks showed a strong tone in the trading on the curb today with most interest at tached to the vigorous buying of Na tional Ice, which rose from 71 to 7,'Vi. n new high record. General Asphalt was traded in at 73 to 74. Cramp Shipbuilding wns steadv. selling at 134. There was continued accumulation of Cosden Oil, which sold nt 11 and 11. Commonwealth ranged from (5S to fiOVi. Submarine was n strong feature, advancing from 10'A to 17 on small trading. Peerless Motor was also strong, moving up from 3."5Vj to 37. Swift International sold at IK) to CO. United States Steamship was steady, with sales at 3re3.. British - Amerlcnu Chemical was active with a large amount of business being tinnsaeted at !) to 0',. Mnrtin-Parrj on fairly large trading sold nt 20 to 10. North American Pulp sold at CVi to 0. Chalmers Motors sold nt lUift to 11. Savold Tire ranged from fiOVd to 5," and New York Savold sold at 55 to fi4,... Texas-Kentucky Oil, "the successor of the Kentucky Petroleum Company, was strong. .S. Jm INDUSTRIALS Bid 10H . 4 4H . 23 . 80 . G .260 .ias . 18 . 3 .1011 . 7 . 17 Aetna Kxplnglves Amer-nrlt Xlfg .. Amer Marconi Amer Wriilne paper Air Reduction Canadian Car Co . Con Car & rdy pf Charcoal Iron .. . Chevrolet Motors . . . Cramp . , , Curtis Aeroplane .. Carwen Tool . Carbon .Steel . Emerson Phonocraph Hendee JIfe . Lake Torpedo Boat Lehigh Coal Ka.es 1)0 I.lma Loco 52 Maxim Munitions u N V HhipbulHlnir .. . 42 North Amer Pap Pulp .... ,l4 Otis Elevator R.' TferleSM Motor 3il Poole Eng 10 Be rlppi Ilooth 30 btandard Motors HVa sterl AIIos 5 submarine Boat 16W Todd shlpbulldlnit 113 Trlanele Film , 1 I'nlted Prjflt Sharing ... 2f, 1 nuea Motors 4U World Film S Wright-Martin Air ...... B STANDARD OIL Illinois 181 Ohio .....3R3 Prairie Pipe 200 s o California 27S S O New Jersey 743 Yes. ctosn Ask (sale) m'i o 7 Hi 35 80 8 300 138 10 S 111) 3 54 40 II 87 174 10 50 7 8 17 117 I' 2A .111 1SS 387 300 284 750 10 "4h 34 6U '1 Am Z L & S pf. Anaconda Copper. Ann Arbor Assets Reallza . . As'-o Dry Goods. . Asso D G 1st pt . Associated Oil . . Atch Top & S F. . Atch T & S T pt. . Ail Cnaat T.n- Atl Gulf & W I..1G.UJ 107 lLWi ' Baldwin Loco ...103' 100 10J 104 Baltimore & Ohio. 6-1 54'i 64j Mil Balto & Ohio pf . 5914 59 69 69 Barrett Co 133M131). 131K 134H Batopllas Mlnlnff. 2 Bethlehem Steel .S3 R4 W Bets S Class B .. 83s i 85 1 H4Jf 84! 1 Beth Stel 77o pM02H TtAfl, CCaal S CL nf 11914 1 "5 113 1 13 Booth Fisheries . HVi 21' 21i 21l Brook It Tran B It T cfs of dep. 25i Brown Shoe .... 92 Bruns T &. It sec. 8s Buffalo & Sua pf. 63 Burns Bros 151.'t' Butte Con & Zinc. 13 Jltoi 29 49U 09V4 33H 79' 5t2 28 28' i 28 SoutliernPaclflo Southern Rwy .. aojf ooutnern ltwy pi. 70 Stromberg Carb . 03 Studebnker Co ..111 Studebaker Co pf.lUU Stutz Motor OS Superior Steel . . . 52H J.enn uop oi Cllem. 14J 1 exas Co Texas & Pacific Third Avenue .. Tide Water Oil . Tobacco Prod . . Tob Prod pf ... Transue & Will . Union Pacific . . United Alloy S. United Drue ... Un Drug- 2d pf. HOW 112 111H H2i 3H. 70Jj 05 118 100 72 biii ir 3uM 31 N 70 70H 03.'f 04 113i 118 Wh 283 . 63M 66M . 22j 2V .248 26'J . 95H i)93i .lOJJi 100 . 68 .133H 135 1345i 135'f . 52W 64JI 63 61!i .123 123 123 123 123 lOt 70U hi 14S, 2W1. 61 2,J, 2rrf or.1 100 100 71. 62.I4' 14 280" 1 54i 23) 2.V) 97 J 1 100 High t-ow 20 Am Gob. 73 73 10 Am K pf 09 00 280 Elcc Stor 73 T3Vt SOOErlp .... 10 Vi 100 I O N A 34 34 030 Lk S Cor 20 V4 20 30 T.ch Nav. 70 70 CSS IiCh Vnl. B0 B4M, 40Minchlll. r.1 51 20 Midi ale. C2 C2 100 Marine C 48 48 302 Pa It U. 47j 47 10 Pa Salt.. 82 82 40rhtla Co cum pf 74 Phil Hlec 2o 10 V II T. . 28 1031 do tr c 28 100 Heading. 02 2.-3 Ton Bel. 3 00 Un Trac 40)4 140UOI... 00 10 IT O N J.103 300 V 8 Stl.100 108 1001 7 W Cra'p.131 131 lai a 23 York Ky. 0 0 0 BONDS High Low Close S3000 El & Veo Tr 4s. . 00 00 C0 1000 Lib Bond 2d 4s. 04.10 04.10 04.10.. 1R.-.00 4th 4Vis 04.00 04.00 04.0fl-f-.00 1000 2d 4s. 04.30 04.30 04.30 .DO J 500 Victory 47is... 100.04 100 100 .40 1000 Pa Co tern cts 4s 03 03 05.. 15000 Phil Elcc 1st 5s.. 00 00 0(5 .. 1000 Welfcbach Co 5s.. 08V4 08 0S 30 33 -54 28 28 02 3 40 00 103 35.. 25 28 28.. 02 1 3 A 40.. (50.. 103 Net chge. LEHIGH VALLEY BREAKS AGAIN ON PHILADELPHIA EXCHANGE Drops 2 Points in Reflection of Dividend Cut Most Homa Issues Higher Cramps Off 2 Points i The feature of today's Phllndclphla stock market was, a further drop In thu quotation for Lehigh. Valley Ilallroad shares, selling continuing large, In reflection of the reduction' of -common dividend rate froYn a 10 to a 7 per cent basis jestcrday. Early in the session the stock started downward vnnd by X o clock it had receded ns much as 2 points, making a net decline for the two clays of more than 0 points. And only a slight recovery from the low level of 54 Mas recorded before the closc.ennsylvanla Railroad also yielded und" the influence of Lehigh Valley selling, but that Issue nns off only a fraction. Outside of Cramps, homo stocks were generally Inclined upward. American (as led with an upturn of 2 points, Insurance' Company of North America rose more thou 1 point, and moderate advances were scored by Lake Superior Corporation, Electric Storage Battery, Philadelphia Company cumulative pre' ferrcd, Philadelphia Electric, Tonopah -Belmont and United Companies o Iseiv Jersey. ti V iiupiu .transit stock was Btrong, advancing as much as on a small turnover, but the company's certificates jlclded slinhtlr after sclllnr unchans-ed. anct union fraction lost . York Railways also took a downward course, losing ;, and United Oas Improvement registered a fractional decline. cmieu orates Html common no in ,in.nj .n i i. .. ., i b g board, and advanced as much as 1 points on limited sales. Midvale Steel w iuiuvu upnurci ior a inir gain, r In the bond division government issues were firm. Fourth Liberty 4sj were active and slightly higher, while Victory 4 per cent" notes rose to 100.04, nS S5.iaM losIe.,5es,,f da o 00.00, with only a slight reaction from the top level. Philadelphia Electric first 5s were active and unchanged. 91'i 9t'i 8?i 91H b'l Butto & Superior Butterlck Co . . Caddo Cent Cal Packing .... Cal Petroleum . Cal Pet pf Calumet & Ariz . Canadian Pacific .104 Case ( J I) Co pf.lOl Cent Foundry pf . . )8 Central Leather.. .101 Cent Leather pf . . 11155 Cerro do Pasco C. 43! Chandler Motor .19.' 13! MH 29K AM 70'i 35,'i 81 OGh 165j 103 135i 13'i 29 Pi 10 20i 29JJ 19;, 615, -.0 70 34!i 355. 81 81 04' i 035 103-J lo5B Ches & Ohio . . . . CCClStli... Cht & K III pf.... Chi Gt Western . Chi G W pf . . . . Chi Mil & St P.. Chi Mil & St P pf. Chi & Nwrn Chi It I & Pad . . C It I & P 7 Pf. c n i & p 8 pr. Chile Copper . . . Chlno Copper ... Colo Fuel & Iron. Colo Southern . . . Colo bo 1st pf . . . Col Gas & Elec 07i 10 28Ji' 45 7055 V2 2955 82 7PJf 245 "0 495 : 68 6355 107 10J 106M IDS' 1185 l'i 085i 67'i tiSii 10 28't 40U 92 103 305 1 SiVi 71Ji 25t' 415 51 9T5 28 15 71 10255 29H 83-5 7155 24f 4055 49f 10 28'f 4C'f 02 102' 305 8355 71 U 25' 5 41J 495i 54' 54 545f ("nn.nllrtatBrt fina. lnfUllllJf 100'f 1015i 07 84 . 92 . 72 . . 0555 107Ji . . 54 . 92i 743 INDEPENDENT OIL STOCKS .... 11W Financial Briefs Darnett Oil & Oas. Commonwealth . . . Cosden . Co uiK ttasin iima International Petrol soJ Houston Oil 120 Midwest Reflnlnc ISA Met Petroleum .1H Ohio Fuel SO Sapulpa Ref 8 Sinclair O-'H Island 1 citenrock .. ftH MINING STOCKS :: : " .... i3 Xirsrest Orirnnlxtttion of Its Character In the World tjKucs SS Race till 7 Canadian Municipal Bonds j.!,- Bought Sold Quoted FWCKE. BANGERT & CO. sVaaklln Bank Bids, mi? Philadelphia NEW YORK JUBERTY BONDS kj f PUUUUi AUU OU g3MJ WVHUIUIUBUW1W iiwl K. Phillips & Co. H1 CKB8TNUT 8IBEBT t flUJMecuMU v9m nifuisi. Complete Federal and State Tax Service HATIONALTAXAUD1TBUREAU IS? ijhit,$&&t?rtauu ,' . ' K( Mi A petition is being c ircuiateci on tne i ooidneid flcor of the New York Stock Exchange to close the exchange on all Saturdajs during the months of July nnd August. I The petition is being quite generally signed. Deposits of S13S.000.000 and total assets of $207,000,000, as of June 3, hae been reported by the Philadelphia National Bank, the largest totali on record for a local bank. The initial block of Belgian accep tances amounting to 510,000,000 are now- being traded in in New York. This offering is a part of $50,000,000 credit granted Belgium by a group of Amcri can financial institutions beaded by a New York syndicate. The New York Hubtreasury lost ?0,020,00Q to the banks yesterday, making' a cash net loss since Friday of 53,808,000. Iloldera-'of Chicago Elevated Ilall waycollatera trust ?14,000,000 6 per cent notes, which mature July 1 next, may be asked to grant a further ex tension, as was done twp years ago, whru a similar amount of notes se cured by same collateral fell due. The Federal Oil Company, of Cleve land, Ohio, has Increased its capital stock from $4,300,000. to ?0.300.000. noxton & Mont . . Hutte New York .. . Con Arizona c F S 4. Jeronro .. .. First National - doldfleld -llerser 4 Florence .... iw. Coldfleld Kewanas 3H Ilecla Mining- M. Independenco Lead 6 Jerome Verde, Jim Ilutler ., S7 Jumbo extension J" McKlnley Darragh .. . . .18 Magma copper at Mother Lods 42. Mines Co of America. . A Nevada Hills 3 Nevada Wonder fll Nlplsslns 11 Ray Hercules .......... 2 San Toy 10 Tonopah Extension 2T4 United Verde 3SCj West End Con 2 White Caps IS Yerliurton ,. . tt BONDS Rethlehem 7s K . . . Cosden Oil as Ccsden & Co As Cudahy 7s .... Russian Oovt JHs .... Russian Oovt BWl .... Southern Rwy 5s . , RlnMalr Oil Hs . Todd nipouuaing os ..I02 ..102 ...102 . .110 . .104 58 8S 12 12 10, lncj 31 30i 128 123 18S 187 US J'4 1 M 61 Vi 8 8 TH 7 77 75 i 2i 'in B 50 .. 554 'i - 11 V. 2 60 37 45 44 H :: 75 12 , 11 j2U 2U Ifl " 2r 2 20' 10 7 102U 101S 105 ,, 10", 103 M M "., "3 S9H .. Con Irt Cal Mln Continental Can Con Insurance Corn Prod Ref Corn P Ref pr Crex Carpet . . Crucible Steel . Crucible Steel pf,100J5 Cuba Cane Sugar. 3055 Cuba C S pf .... 825f Deere & Co pf . . 99 Dela & Hudson ..113U Del Lack & West.20S Demer &. Rio Gr. 854' Dome Mines 1455 Elk Horn Coal . Emer-Brant Erie Ej-le 1st pf .... Famous Players. Fed M & S pf.. Fisher Body . . . Gaston W & W. General Cigar . General Electrlo General Motors Gen Motors pf.. . . Good (B F) Co.. Granby Consol . . Gr Northern pf . G N Cfs for ore p. Greene-Can Cop . Gulf States S.... Haskell & Barker. 9-i S8H 955 04 t7J5 05J5 C7J5 95J5 935i 0455 3fV5 83H 355f 8255 35i 8355 37 29 15 14H J 5 39J5 38 .3855 21 29 29 18753 19f I95f lOJi . 30.' 31'5 3055 3U5 .114H 115 112 113 . 43 . 79 o5 80f M" . 34J,' 3555 3455 31J5 . SIH f-355 82 82 .107Jilb9 leSij 109 U .220 235 221,'f V33 . 935f 0355 &3lf l)3H 84'i 835i 73 7A 99 07H 47.'f 40f 44 435i 0755 07 59!i o85f united Fruit ....1R4H 180 1S455 185 Un Bae & Paner. 05 0.1 n.1 O.t Un Cigar Stores .1345 140 13455 139 U S Express 2055 29)5 2955 2955 Un Itys Invest .. 12f 12 115 ll'f Un Rys In pf . . UH 2iii 24'i 24 U S Cast I P & F. 27M 2855 27Ji 28' U S C I P & F pf . 03 0355 035 0355 U S Food Prod . 77 7S!i 77S5 78 U S Ind Alcohol ,157f 10.5 153 16155 U S Ind Al pf ..1095 109J-j 10955 10955 U S Realty & Im. 44! i 48 4455 48 U S Rubber 1135 117 11455 11555 U S Rub 1st pf ..1135i- 11455 114W 11453 U S Smelt R & M. C7M 0355 bd'i 08 U S S R &. M pf . . 50 Big Mortgage Against Lexington Co. A mortgage of 57o0,000 against the Lexington Utilities Company, to bo held bj the Commercial Trust Company of Philadelphia, trustee, has been filed for record in 'the county clerk's office In Lexington. The mortgage was given to insure pnMiient on 9760,000 worth of bonds which will be Issued by the compnny. The filing of the mortgage verifies the statement made by F. W. Bacon, o Philadelphia, president of the Kentucky Securities Company, which controls ths Kentucky Traction and Terminal Comf pony and the Kentucky I'tillties Com pany, thnt the company would be mort gaged for $750,000, which amount would be ued In general "reconstruction of thtj lighting Rjstcm of the company. U S Steel U S Steel pt . Utah Copper . Va-Caro Chem Va-Caro C pf wabash Wabash pf A . . . Wells Farg-o Ex. West Maryland .. Western Pacific . Western Pac pf. ..10855 110 1085 110 ..1165 11G55 11055 11055 81 7C5f 114 10'5 30 09 1255 2355 60 81'5 79'f 114 ll'i 37 CS 12SX 24'f 82 77.'4 114 11 354' 68 1255 24 84 70J1 114 1155 37 8 12' 24.' i MONEY-LENDING RATES NEW YORK Money on call, mixed collateral, opened today at 6 per cent for lending and renewing. On nil in dustrial collateral, the opening rate was GVa per cent. Bankers report today a fair Mipply of money available for fixed dates ,ut 0 per cent for nil period'. At the lute the demand is only moderate. Hank acceptances and pilme mer cantile paper are dull nt unchanged figures. Discounts are GGVi per cent on a nominal basis. Call loans on prime bank acceptances stand at Ak per cent. PHILADELPHIA Call, 15 per Icent; lime, 5C per cent; commer cial paper, three to six months, 5J4(g) C'i lcr cent; six months, 0 per cent. LONDON Money is quoted at '2 per cent. Discount rates, short bills, 8 per cent; three month bills, 3 per cent. Western Union" T. OO'j 9155 91 9155 Westlngh Air B. Westing; E & M. Westing 1st pf . Wheeling; & t, E. White Motors .. Wilson & Co ,11355 112Ji 112f 112U 57 70 10lf 59 901 Wilson & Co pf..l04 Willys-Overland . 3755 Wool (F W) Co . 130 Worthlngton P .. 70! Wor Pump pf A. 9C Wor Pump pf B. 70 5855 70 10JJ Gl 98 101 39 57h 70 10'5 00 9055 104 37M 130'5 13054 71h 7i55 00 90 76 70 '75 5 70 lOJf 01 07K 1-4 3855 13D55 71H 90 76 Dx dUldend Underwood Typewriter, Underwood Typewriter pref. urewinff company prer. i . w. Pabst BUSINESS NOTES K3 72J5 9855 4CJX 4255 6855 58K 84 73 U855 47)5 43V5 0K" U 5o: 10155 59 26 87 8'5 95, Illinois Cen 101H 10155 10155 Inspiration Cop . . 6755 59! 5755 Internat Agrlcul. . 25 205 20 Internat Ag pf .. 87 87 87 Interborough Con. 75 8W 755 Inter Con pf .... 28'i 29'f 28K Inter Harv new .13255 130 1343 1355f Inter Mer Mar . . 475f 19Ti 47K 47K 1215f 1255J 12155 121J5 27Ji 2855 27J5 28H 90M 685.' 77 38 80 23 South American railroad officials are in this country placing orders for mechanical rubber equipment, including corrugated tender hose, airbrake hose and air signal hose. J. A. Do Marval, of Buenos Ayres, sent to the United States by Argentine to effect a more thorough co-operation between the two countires in the mat ter of registration and protection of patents and trademarks, arrived in AVashington yesterday. He will confer with the leading authorities and officials. Manufacturers of silk looms aro making strong efforts to supply the demands of the mills. A leading ranker nf looms says that the silk null owners s'tarted to place orders in the early part of April, and since then business has been coming along in relatively large volume. Scandinavia has developed Into a prosperous customer for the rubber goods companies, the orders and inquir ief received from Tsorway, Denmark and Sweden being greater than those received from all qtlicr foreign sources it is said. li7f 9054 5954 Oo54 615 :iS'5 875 4 3854 3354 87H 8755 i V'4 .124 125JJ 1255 125J5 38!i 9254 107 Liverpool Cotton Uverpool, June 5. Spot cotton was quiet today with prices easier on the basis of a decline of 35 points for mid dling at lO.GOd, The sales were 6000 bales. The receipts were J3.000 bales, including 0900 bales American. Fu tures were steady in tho early dealings. Spot prices were: American, middling fair, 22.03d; good middling, 20.00d; fully middling, 20.10d; middling, 19.50d; low middling;, 17.05dj good ordjnarj , 10,30di an1 ordinary, J5.77d. 38' i .1754 38 97f f0J5 975 8754 fc6!4 K7H 6954 6955 6954 35 35 35 55f 54)i 555f B0 "CO 06 Inter Mer M pf Internat Nickel Int Nickel pf ,, Internat Paper Inter P pf stpd Jewel Tea Jewel Tea pf . . Kan City So . Kelly-Spring T Kennecott Cop Kej stone T & R Lack Steel 85 lacieoe uas .... vi Lee Rub & Tire. . 3454 Lehigh Valley . . . 5flJ Llg & Myers pf..!12 Loose-Wiles Bis . 6354 Loose-W 1st pf . . 10351 Lorlllard P Co ..ISO 183'f 18054 183Jf Louis & Nash . . .420 124 120 120 Manhattan Shirt 11754 11955 118 Marlln-Rockwell . 73 Maxwell Motors . 53 Maxwell M 1st pf. 76 Maxwell M 2d pf. 4J Mexican Petrol . . 190 sinr Deot Stores . 97 21, vr 62 1555 0 19K 32'-, 57 7054 3651 122 57 83H 7955 78 43'i 43 19454 192 9655 90 Miami Copper Mldale Steel ... Minn & St L new. Mo Kan & Tex , . Mo Kan & T pf . . Missouri PaclOo . Missouri Pao pf.. Montana Power . Kat Acme . , lat Biscuit 2755 6354 1855 105-5 2lf 34 8 3C5i 124 !7 5251 1554 OH 20 3254 67 110 54 78 4354 11354 00 27 f2)f 1854 10 2054 34 68 w A GRAPHIC CHART OF LIBERTY BONDS FOREIGN EXCHANGE New Yorlc, June 5. The feature of an unsettled market for foreign ex change in the early dealings today wns further weakness in French exchange, with new lows on this Immediate move ment. Franc cables were quoted at 0.48 and checks nt O.GO. Other quotations were: Demand sterling 4.61, cables, 4.02. Lire cables 8.0G, checks 8.08. Swiss cables 5.21, checks 5.23. Guilder cables 30, checks 38. Pesetas cable 20.03, checks 10.00. Stockholm cables 25.50, checks 25..-J. Christiania cables 23 30 cliccks 25. Copenhagen cables 23.50, checks 23.30. BANK CLEARINGS Bank cleirlngs today compared with corre sponding day last two )ears: 1010 1018 1017 PhlU ..$00.850 810 ,64.183,2e2 $57,301,003 Hostnn VU12B 727 46 10S.4SII H 872.857 N Y. . 801 047.(1 18 500 528 101 5SJ.834.2S7 BAR SILVER Commercial bar silver was quoted in New York today nt SI.OOVb an ounce, a decline of i4c In1 London the price wns biftu, a loss or. y$a. j PARIS MUNICIPAL LOAN $300,000,006 IN 5 PER CENT BONDS The following Information Is reproduced exclusively fo- tho Information of French citUens resldeit In the Unltecr States who may be holders of Paris Municipal Bills Ihese bills have now arrived at maturity, or may be exchanircd for the bonds mentioned In the article reproduced below (Extract from London Financial Times. - S-S-10 ' Durlnc the lasr fifty-two months," tne conaon '''IIIIIIIIIIMIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIIIIIItlllllllXHl Coal to South America England will not be able . to care for all European de mands. The Southern American markets are open to us. Plan for permanent business in these Latin American coun tries. The bank for foreign busi ness is the Corn Exchange National Bank PHILADELPHIA v Chestnut t Second rillllllllllllllllliil'lllllllllilllllilllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll: 3. TELLS AT A GLANCE THE PRIN CIPAL FEATURES OFTHE SEVERAL LIBERTY LOAN ISSUES. AN IN. VALUABLE AID IN MAKING OUT INCOME AND SURTAX REPORTS. SENT FREE ON REQUEST. BAKER, AYLING & YOUNG LAND TITLE BUILDING BOSTON PHILADELPHIA Local Industrial Only BENNER & COMPANY, Inc. Widener Bulldlnn Branches In Penna.. Reading, Lancaster, York, Allentown FINANCIAL Nat Cloak & S pf.K-CH 105 Nat Con & Cable. 211 vlH Kat Enam & St.. 75W 78 Nat Enam & S pf .IM 102 Nat Lead 81U h2.i Nat Lead pt 100 ... Nev Con Con ...'MM 18 N Y Air Brake ..124 12Hj 121 New Or T & M . 3HH 42h 39 N Y Central .... SIH ioii c-2Jf N Y Dock 30H 30Ji 30M HYNHcH... 31U SUM 32Ji N Y Ont tiWea.. 23 2J 23 Norfolk Southern. 10 10 10 3C 124 100 21 70M 102 81M 17M Nor & Western .10SM 1I0M 110 Northern Paclflo . 97K U8U 08 Nova Sco S & C. OOH 05 02JJ Ohio Cities Qaa . 67 C8M 57 J j Ohio Fuel Sup .. . 61H Ontario Mlntnar . . 8H 8T( 85 Okla Prod A It... 11H Wi lli Owen Dot Mao . . 6!H SO oSJi Pacino Mall .(... 37 Pan Aro Pet t T, JJOJf lOUf 09 10J 36H 124 100 21 78 102 2 'l8 121 41 3tf 30M J3H 23 10 110 08 03H 68H SM JIM CO rilFHTKll COUNTY I'llllI.IO HKRVICM iMPASV riBMT IIIIUTUJllir. TlllllTJ- FAB '. 8WK1NC. TUMI C10LD .'.SOiw mm JUMS 1HT. 1011. pursuant to the .terms of the mortitaro dated tone 1st. 1911. the undrrslg-nfd. In. vSm T tenders of the aboe bonds for sale and Xtllferr ot Jnlr 10th. 101. at a price not to exceed -luoo or me Bar -vaiue mere 5? and accrued interest to the extent of I1011.7T. the sum now available (n the sink- '"staled 'tenders, statlnr the numbers of the hnnda orTerrd should be addrrssed to C1IES TEn COUNTY TRUST COSlPANY.Trustee slnlclnr Fund. Chester County Public Berv fee First '", Thlrty-Tea'- S 8. K. Gold lionds. and wilt be received until 3 p. "rilESTISR" COUNTY TRUST COMPANY. ' Trustee ItAMBBT. Fresiaent. ftflVa Financial Times, "the Pari MunlclDalltv has rrom time to tlmn met tho extraordinary expenditure entailed on Its budeet throush circumstances arlslmr direct ly out oi me war uy inu issue oi .-municipal Bills at six and twelve mgnths, bearing In terest at Bit and Si per cent respectively. The capital amount represented by these bills is very considerable, somethlm- llko J3UO (wn.DUU. and It Is to pay oft this cnormoui floatlmr debt that the City has been au thorized to issue, early in June, a loan of 1.6U0 UUO.UOO francs "The Issue will be In 5 per cent bonds ot the face value ot Frs 6 Of!, ottered to the public at Frs 480 and redeemable by six drawings per ahnum over a period of Blxty vears. As the 6 per cent coupons on the bonds will be subject to payment ot taxa-. tlon. the not revanue will De susntiy under 4. per cent, or exactly 4frstKJc net per 1cn frB. rsDltal "TTrrtm th French point of view, however. the attraction of these Paris Municipal bonds lies more especially In the fact that thev are of the urlety described In England as bonus nonas, ineir iicsuiiaiiuii wuuiu n- prohlblted In the United Klntrdom or In America. In view, however, of the attention aroused some years aeo by tho .proposal that the British Oovernment should adopt the premium uona sysieui iur .m ur mans i. Is of some Interest to note ine mecnanism OX inese premium or uuiiua iwima as nuuu, to be Issued by the City of Paris - "The number of bonds to be Issued se cured on the'general revenues of the Cits. Is 8.125,000 For slty ears to come a certain number of the bonds will be re deemed at parnamel. 500 frs at each of the six amortization drawings to be held in each year. At the first drawlnij in each year the first numb falling out of the spherical cylinder containing all the num bers of the 8.125 000 Issued bonds will be redeemed by the Cits Treasury with a bonus of 1 K!0 000 frs. At the remaining Ave drawings in each year thOiflrst bond drawn win T be T redeemed with a bonus of 200 (IOO frs Besides these large bonuses. 2000 other bonds In each year will be redeemed with bonuses varying from 100 frs up to too 000 frs and Including several bonuses of oO.nOO frs. 20.000 frs and B0O0 frs. Thi. win be the first time in the financial ory of the Parts Municipality, thatsuch Silent Dollars history a lai have larce number or bonds as o i2D,uuo win ue T E West Chester Pa . June 3 1010 TO T1IK HOt IlKrtH OF TI1EF1RNT JIOllT OAtlB K1FTKKN.1BAR PEK CFNT H1N HlNd iTND flOLU nONTjH OF THE rOI-ONIAl. TBL8T COMPANY. Notice Is hereby given by the Colonial Trust Tompany. Trustee, under mortgage of the. Colonial Colliery Company to The Co lonial Trust Company, Trustee, dated Jan ? J. 101. that purausnt to. the pro visions of ssld mortgage, they will receive until June IX. ltfJ". tenners in writing at th office of the. Colonial Trust Company, aituste at No. SIT Fourth aenue In the city nV Pittsburgh and State of Pennsylvania, of bonds for purchase and retirement put of V.IQ M...m...l. ...u. n ,..u. ..w.. : is reeeryea whole or in ths moneys of the Sinking Fund. .moSnts ip .18.488 03 The right r. , ttnw and all tenders In tart. No tenders will be received after the lSthTl"rf COLQNIAi9'lAj8T COMPANY. TH I'AIC I. Tripistel issued In any one loan, and that any municipal oonu will ue rrurciucu m suc-h a large sum as i,uuo uuu in ,t. , nf mtrne. noen to auestton whether the bonuses compensate for a low rato of Interest; but In Franeo there Is a very lam demand for these Paris Municipal bonds, which are treated as trustee securities. One g?eat advantage to the City Is that, once bought, the purchasers do not readllv part with their holdings, so that the market In the bonds does not reaulre official support. Alt. the great Joint ..stock: bank, are taking pan in cne prr- o..v. nmu. w. ,...-.., Fs strictly limited to the French market, no i"h,"rlolons Ivlng solicited abroad The dollars reposing in your open accounts are the only part of your capital that isn't talking success for you that isn't talking bigger business, additional profits. Before you realize what a loss these silent dollars mean, must you be compelled to turn down a tempt ing order, or even forego an accustomed discount, simply because you haven't the ready cash to grab it? Experience may be a wise teacher, but it isn't half as wise as the business man who avails himself of our service to turn his accounts receivable into active talking dollars. This service, attractive to men of the highest busi- ness standing because of the absence of all red tape and delays, will enable you to get additional working capital when you want it capital that makes expan sion possible and puts you in a position to. reap the benefits of all discounts to which you are, entitled. We accept your account receivable in whole or in part, at no time restrict ing you at to volume. ..Ask for com. x plete details. " MANUFACTURERS' FINANCE CO. Fidelity Building, Baltimore, Md. Represented In all principal cities.' The oldest non-notification company In entire East and Seoth. 1 Dividends " TIIK K'oMPANY015 BAXTEBY Allegheny Aenue and 19th Street A1 Philadelphia. June 4. 1010. The Directors have declared a dividend of one dollar lD per share from the net earn ings of the. Company on both Common and Preferred slocks, payable July J. 1010. to stockholders of ryenrd at the close of bus ness on June 111, HMO, Checks will be mailed. WAlVTBil Q. HBNbEnflON. Treasurer. v vnniT.inr.TC ir i.iiminatinii ' r:.ii:.-i 7.. ...... '..,. T (J(l31IVrl " UlllNillI.I.IJllA Till l.IC.I GAM Philadelphia. May 28. 1B10. The Directors have this day declared a semiannual dividend I of three (8) per cent ($3 a share) on the V.'...":"j 'li.l, n.vaht Tun. IK 10111 l i).n. utnfir. livable. June 111. stockholders of record at the close of business ." .vskk.;,1 iniijuiv rytn, It oV lock HOOP. Jui X fi j. i maiiu! inii Ft 1111 W. A.- 1010. to ustnesa will he We own and offer, subject to prior sale PITTSBURGH, CINCINNATI, CHICAGO & ST. LOUIS Consolidated Mortgaeo 4Ms, due 1940, 19(2 ana 19(3' PRICE TO -NET AnOTJT 8 LAKE SHORE & MICHIGAN SOUTHERN RAILWAY Debenture (Now Mortgage.) 4s, due 192 PRICF. TO NET ABOUT 0.40 free of Pennsylvania State Tax , HARRISON &C0. ANKERS I0 SOUTH FOURTH STREET Wembers'PhUadelpWa and KewToric fcHookrxeJiaRtag,,, r u-,i -mmwB u "''' " w ft'-' V' '' V fn ., - j s A .ft I M. ", . 14 , J . W y ,)' --( a, f J it it4 "IT JA .
Significant historical Pennsylvania newspapers