r . ti"tffA lirft-.
Vf- W"T.lS
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16
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EVENING ! PUBLIC LEDgER yttlLPlglJPHIA, qTURDAY, JTOE 21, 1910-
M
fn--iV '4J 7-
-iLp-'"
QinnT talks r. onnnN
QUIET TALKS- H l UliniU'N
FINANCIAL NEWS-CLOSING NEW ' FOtff AM) PHILADELPHIA STOCK QUOTATIONS
30
(0
N1NR VIIKKS .11 NT. 3u Al r,
NINI5 H'BKkS-Jl'Nl: .10 Al il
i r.iimv Mimsixii m-m n
i nUHY MOllNINCl 10-1U 1.1
i it'xi pt Hundaisl
I BMOI Till X111K- ATt.ANTM' CITY
'i ntji.t tip Tiir. in,ANiir t'lTX
TOPICS
rirat Vl k T,u' tW' XKr Meanlns nf
Vr .r
Second K The llnl I nthcr
Thlril . . Tht ranilli Trnited
"".." . ...:.",. v. t., ;,..., .... u...i
lilt J it nit' iiii mi ..in ......
GOOD ADVANCES RECORDED !
IN NEW YORK STOCK MARKET
NEW YORK STOCK SALES
the
Adv I tunic!) . .
do pief
Mothrr- Outside Buycrs'Expert Bulge When Germans Sign Treaty, but A ,',," VtubbVi '".
i ;. I ....I. .. n I Aln-I.ii Juneau
ul-i. iikii tun Ldinnt jin iiiifi Liimi
n it-1
15
Til ,
111''.
Net
I f)W ClOPO clme
ir.", 4r.4-
T.'t's 73 4-1
m . my
Not
chsie
rifth XI
" Hot,.,
811th
Seventh XI
' l. .1-
Nln'h
f..r ti
Cine Famlli Pa-slnns
- rn i 1 I. inu i'i '
lh in ' f- i"iii Title
's, t IT!
1'imi )
1 r in Idial
CBBXSSTXlSSXZl
$25,000
New York Connecting
Railroad Company
1st Mtge. 42$,
due Aug., 1953
Guaranteed
Principal and Interest
by (lie
PENNA. R. R. CO.
N. Y., N. H. & H. R. R. CO.
Price to yieW about 5.
Miwim & 00.
Mill Walnut St.
rhlladclpnla
mi,i. m pin, i 11 :
High Points in Today's Financial News
Stocks advanced in New York on belief that Oeimnns would soon
shrn peace tieaty. Curl) business was faiily lattre. Corn moved up
ward. Cotton was higher. Stionj;th of francs was feature of foteip-n
exchange market. The New Yoik weekly hank statement showeil largo
decreases in loans and gains in reserves. Western business was leported
lai-Rer. Steel condition was lepoited much impioved. Sevcial etrn
dividends were declaied.
Alll.-Clinlni Co CM'. CM', 4SI4-
Am Agr Chcni.111 111 111
Am Meet Sugar .ssi; ss SS -f-
.101' . 99 101
'., r.S', 57
4-5
Am Hn-t h
Am Can
Am C A " l'.11l. linn. lo'.lT, .1
I !.. mef 117', 117", 117'; U,
I Am Cotton Oil. I!:! IS--", 02',
'.
'i
'A
U
III
.Now Ymli, .In in- 21 Tin ie nil- n joinitic "f i m- '" Hi'- -tin 1. mar
ket tiuiliiig toilni In t Hie inn.- nf outside bum-, tihiili looked oil tin
pi-i.-pot t,M. .iuiiiiil; nf tin' iiiiiit 1 1 -:it lis un iii.tniii for n g.-iicinl ml
Mini... mill tin. v tilnm.- linn-lit in the St i-.-.-t wlmli Innl iitiini'il tlint
on the -iRiiinu if the tii.itj the market. I'M'ii if it 1 1 i 'hImihi e."milil Inter
lime II i ..III t II i' I ilei hue.
N ini- wile until., in mnn issues, wit), tin tnlisnvo -lucks le
-; nmltiiK t. hull i.i.i ill ,mi lilt i..li nii'l innkiiis lnrse tain- m"iienn Inter
iiiilintiiil Ciuiii.i itimi iiNn -"hi nl n new IiirIi rermil. ihImiih iiik rami' than
1' iiuiiii- lo 1 1 1 i , iiml n in w liiuli in mil .wis ninile in Alio i n '"i l.lli-eeil Oil.
In tin Iit-l limn ninth nil tin in'livc -In. ks ninile kiiiii- iiniRiii!,' from
1 tn 7 iuil- t'l- iMreine milium, heiiij; in Oenenil Mi.i"r-. which rn-e
in .::.-.
I inn .I Snili- Mul miiieil iii 1 i-uiil I" Ml-'-! Ilil'hiin l.ilcoiiiutiie
in-. .'. piiint- to ln'i mi i i.ti-iiliilnlinn talk.
'lie lii.inl iniii kit -Imweil a IiiimiiIi liim; temlencj . with mi inerea-ed
il.unii.l I.. i m. mi 'i tin nnlinml im - at fun tloiinl nili.iiin-
'li.it u.i. In. m ihnhliK- .iuiiiii in the I.ilnlt.l I in - .Hid i" the
n I... ii . -1 m iilnuit hi iti i nil i li.ni;;' m pi n t -
STEEL GROUP LEADS CURB THE LARGE;
Am MiiiKKi-ts
Am II ami I.. ."..'!
A II ninl I. pr IL'li',
Am Inl Cnii. .111 i,
A i I " See. . . III! i j
Am I.in-i eil. . . 77
, Am l.in-il ir. . !)i!
A1ll I ni'lllllllliM' S."(l ,
Am Sini'igiiK. SL'ij
Am Mini Toh. .Ill ,
tin ini'f III!
Am Slit I IMrj L ',
Am Siis.ti . . .i.",i', i:,i', i:ip, 4-1',
Am Tel Til. HUM i 1 0il 100 ..
Am T..I..I 'Jl!!-'. -Jls', lilll
l-'i 1-"i4
:t:ii', :i:m',-
1L'.'M.. li'M-.-
lii'.i's 10!l4- r.s
i !."'.. 0(1 ..
7.-. 70 !'
'.Hi '.III '
M'. -l'4..
SU " s'J "
HI", Ill's..
!.ii !Hi . .
II', IL'-'i-ills
m Wool . ...111!',
I ihi n.'f Ill
Am Wilt P pf. 17' .
Am .un .-. l.ii L'.'M.
' Am . A. I. if. till
! An.ii "lulu . . .7.1
1 A ii Ili.j;iiiiih, ,"'."
A el- Itl'.'lli.. . "J
1 Alt lii-nti . . . . !l!lTs
do plef s7 ',
1 All Clf A. Wl.lsl
1 li.ihl I ) Co.. 111.".
lln plef . .Ill)
Call A. Ohio . ."-".
lintiipila- Mm . P..
, lieth Sin I Ii Mi' .
II.-.-1
10-
17
(ill
s7'
Iii'.i'
.11
I'
".
110
Kl-i
17
ClofC
107 Vi
:) Vi
7(1 V, 4- Vs
Philadelphia Stocks
l 7''
i
l-1
.4-1'-
till 4:1
!:: al
"L: ;
fill's r's
S7-' ',-t
17!H(.4--"i
1ii:!-4-l-"s
110 4-1
.-i1-'m4 I
1 "... .
vi 4- ',-
if inli Low
80 Pacific 10S 107
Southern It It. ."(' M)-";.
do nref 70"i 70
Strom (Cnrh) i"S Tm'-j 0 1 ',is
Stiidehnkcr . . . .107'j KCiVi 107 4-2
do pi- 100 100 100 4-1
Stulst .Motors . 71 tWi 7-1 1
.sup steel .... no .lo'h my, 4- Ti
T.'iin Cop A. c 1 1 1:1 'S i:ir;i. y
Tcmis A, I'm-. ti."."j (i'."-j (KMi r's
Ti'xns Co 'J7STN y7r', 'J7S .. I
T I' I. T '.'7s 1!7S 'J7S 4-lli...
Third An- Hit L'.l LTi '17 4- 1.
Toh P101I I OS'... HHI'j 107-4-l",
do 11- IS 17 17V&4-1-V
do pief 11.-1,, mt n.-iHy's
rnion i.n iiie.. i.u-1-1 i:m 1:1 1 ..
rninn Pnc pr. 7.'!"', 7.'!',, 7:M,, ",
fnit .Mini sti. r.:i .vjy, res 4- l-
Cult cic.li sih.h;.-. 101 ;, 10.-. 4-:m,
Cnit !s IM pr 1LM I'Jl l'M
fniteil l'init..lMi'', 1S1 INI 1
Cnil.'il Hi In. I.'!;, C! l.".-";'s4- l-"'s
IT Hi In pr. Sill JS". ".!!'!', 4-1;,i
1'SCll'J.I' ."..I Si I .'in 1 4
I'SC 1 PAl'pr (ilVj (II (it ',
C S 1ml Ah nl. ir.:i'. 1.11'.. 1.71 -f'i
C S It It 1 lin 17 17 17 -r '1
V S Hiihhei ...127 1'J.Vis 1'JO -j 1
C S Pooil l'in.1 s.; .sot", ,-i)i....
V S Sin A Itef 07!', 07'. (!7:;,4- '
C S Stnl. ...lOS'i 107'1, 1073- '1
do pief Uli'l. llli'j 110'j i- ''-
1'tnh Coppu... S'.MC, Ss " .sS"s4- '-Vn-C.ir
Cheiii. sr. M'.k: mi, 4-1-1.
Net
lllch Inv Clno chce
11 Am fins. 71 7.'Mj 74 ..
1)7 Am Mill. I) II
r.-C.:i Wee Hlor SS S7, S7'..4-ii,j
no i c x a :t2 :vj .t. . .
110 l.k S Cor lDTi. 111"!-! 1" '
00 I.i-h Nnv (IS'j (iS'j (IS'i
sis i, eh vni. r.i", r,i r,i 4- '
100 OI1I0 C (J r7r,s n7r;s n7r;H !)h
l!7U'n 11 It. -Wa -10 -1(1 '4
.- Pa Salt.. SI SI 81 ,
100 l'lilln Co SKI", S!!lr'; SHK-; T's
7-2 iioe'ni pf :ir."j :s,-',i :'.-"1j4- 4
Jill Phil llhe 'J.Ti L'.TJ's 2.-) Vs
I'llll P It T (e L'M'i, 1IST'S l!!)l i,
S!0 ItriiiliiiR.. Mi's Ml !) 4- VI
1 100 Ton Itel. Si-"', Sift Slr;s Vs
L'iriil... (III'. OO'j (l!M..4- Vi
700 U S Stl.lOS"-; 10S IOS',64- ;,
lln plef . . ,
Vn I r C A C .
Wnhii-li . ..
do pie) A .
.11.-. 11.-.
. (IS I', 0.V,..
. HI"-, 101,
.'!.-.', Sil-'-i
amfrAJflm..'iii. '.j.r. i .i-J3
: , Vr.--- . .
OPEN-AIR
CHORAL SERVICE
l Mil K Till I'llll l'l,s '"'
Bishop Rhinelander
on tin- - It "T l "' en "-'I
CATHEDRAL
OS 1 III I'M'MI H
at nil n 11-iniai. -i hi i i
-1 - II M II n H Mil IN
JUNE 22, 1919
l , lull I)' It
l'rcnrlirr - U
I i
in
11 I .- il . r j -
ADVANCING MARKET EW GOU STOCK UPigH;
Ir.iittui. k c. si-". -i'j "" 4-Hi
lilltte A s (' '-'- i .', -N'1, '-
Wells rnriru V. 0
West M.11 land IS!
West I'nioii Tel !)la;
West Aiihiako. IS.'.".
We-tiiich-e .M f K r7!,
AVheel .v I. IS.. IP
News From Germany Is Bullish Allied Packing Starts Strong, i-aihin cmt mi km..
but Reacts Slightly After ;, fT.-t , ..'t'. ... s!.;
While Motois
hi lis
Wlllis-Otii-lnil
do pief
Wil-on Cii
vy.
Incentive in Wall Street.
Outsiders Buy
Moil, -.lie- toil. i.i on (he New m It
ICmImiisc lotali'd ill.". Hid -Ii.iii'-.
Ili'S. 1
l.s I vVnnlwnith
S!i 4- '-I
i sic.r,
. Ill'
iis '
IS',-
lsi4
11(1
121
r.7
im
-7
Vi,
sic',
P.'!',
!Ki
11.-
OSL.4 2'
HI",..
:t 1 ,- :i
OS'!, I- 1
Ci '
Pd", ',
121', - '
r.7 4- "'
ll '-4- ',
.17 4- '.
Pi 4-
Sid',..
!ll 1
'.17'j l
Tntn 1 pules in.sn.1 ptinro. conimrcd with
727. fhil'M vintrrtliv, thll week, 110,702
cliures, ta-it nctk .1.4sl slutrtH
IIOMIS Nt
HlKll liovt Close chse
!? 1000 Am (ins
A. Ill "is ,sr, 8,- S." . .
.-.(100 I.ih lioinl
2d -l'',H 111.1(1 04.10 11 1.1 04-.22
.-.(100 Siil -l",s P.".. IS ll.-i.lS "."..IR .02
21000 1 1 li l',s 1)1.20 1)1.20 II1.204-.02
1000 Victorj
i:,'-....100 100 100 ..
10000 I'hlln Co
coukTis. 87 Vs iS7'i S7 ',.
7000 l'hil nice
lbt .-.-.. !)()' 11(1 !Ms4- 7H
12000 Span Ala
1 (Is ..100'. 100'. lOO'i: r-
Tutiil alet. til. lint), nmilul-ttl 11 Hit t
ilno .1t.stHr1l.15 this liifk I2J7 000 1.
i. 1 I . $-."ni.'.10
1.
Local Bid and Ashed
1 l
To.l.iv
I)11 Ak
...120 12'.) 12!l4-2'h
Making Record
Y..i k
lln-
-.- I
llmth nil.
PHILADELPHIA COMPANY
ini 1111 mi no. i.it
h I'i Inn 17 1"! 1
q,, - I u.i I -I'lfiiti (lip ( ffnt.
ptr ttlurr ' in "i li f I' - ' n"
Jj r , 1 ir iu- 'II 'i 1 -hin1 "ti
thp 1 ti - k "l Ilii" 1 '"in- in n t-
this d 1 1 ' ' ir ! Mi 1 LI- -Inli 'II l''l'-'
to stoi v' i n f r .i.r.l Ju.i 1 11" 111
Chctiu 3 I- in ill' fl
i J llll II S. ,lr , Tr" i-urer
1
' DUQUESNE LIGHT CO.
nil
A qu r- -OM.
1. T.1 on
Capltut s
payaliir 1
record Jul
' Chequ.
1)1 Ml Ml. IS
I --.rli r t Jun.
II n.i ..r
17. 11)10.
J.
ornc 1 or n
The ' r
flmlam u
lvr rent 1 '
Stock, an.)
rtfer ghm
June o0 1
th- clos
ITltl be ni
Veil Ynr'i, .1 ii in. 21 -Tin New
!"w ni'i,; Sun'- finam ml 1 . 1 i. 11
lit- 1 11 "n 1- n- fnllnii- -
I ll.lt I the le.lllel-hip nf tin-
Kinup. tnil.ii - -took ninilcit iiilvain 1 'I
-nl. -I ml 1. ilh mi the trinil of peiiei .nl '
im- 1 1 in St iniiiiii, iiidientitiK ilenih '
lli.it tin- em 111 will -inn within tin
I line -tipiihited The ri-e in price- w.i
iiiiilinihtitilli l.'imeli liiniicht nhoiit In
the in 1 1'ou-in nf the -hurt interi-t-lllil.ll
wen- ell-lll -talilped into 1 011 I
in.' The thai inter nf the hn.i inc i"
'liniiii iii-liinit- p.-iiln iil.ii 1 in the j
i-tiel-, suKKe-l.il in. little out-iilc hiil-
jlllllR
I lilted Mali- M..1 ..pellill .ll.nl e 1(1
'.lllll Illi.leil -tea. llll towtlld III'.I. Cllliillle
wa- lik. wi-e et . piinnalli -Huns, pu-h i
in; tlii-i.imii P. li.ihlwin Liieoiiintiie,
nil.li. I tin en limit- to I'll. 1.1. I '- lei el I
V,ri i" t1! n"i " KT"" Tli" i.."i''i ni'-l -l.il...-5 i'-. "l-'i
T, ..niniltli" rr.-f-rr". the . ll. Illlf.ll llll'l f I -t.-eks. Ilh'tll! with
"i" 't I."'" tl-'.tr. .1 i.,,1,. t.l, nil -linn- like Allleri. llll l.lll-l t ll.
Wlli.ll A (', Cenll.ll l.enthi'l Cllitel
Stat.- Inilii-tiuil Al. oln.l and I nited
Slut.- Ittil.l.t-r "ptii.'iii i tl a iei Ki.t.l
ii. .l.illl.l The mil- wen- hich.-l l.nt mil
.it .ill -piitaeul.ir. Tin. Ini',' in the in-
ilu-tniil li-i u.i- inoi-e aiiiiii.iteil than in
Hie la-t il.i.i or ti'n
Willi -lleet wa- lint ill-llppnilitetl ill
the hehinii.r nf tin- ni'iil.et mid ninst
In '.. r- win- make il a point to he out
nl Inn n ft mil I'liil.i ill nil t to Monihi
mo iniii' felt il im iiiiihent upon them
to he at tin ll po-t- HI new of the lllRhll I , n ., .ul. ,, , ''r'
hnlli-h -uiiimtut wlni h pi-eiaili-d at the ..ui'i-.ir r i-
tl,... i.-ludiii. Th.-i-.t wa- a rim-iiler 't'h'.Tr'.'i'.'- 'm"!.
ah - a. . iiinulati t hiiiiiiR i.nh i- out j;r.mi. a - n-
... t urr - i ini
mUil 'iinl with the hulk ol tht-e out- . ,MV, , ,. ,
nf lln- w.ii larli.-i hii-ine took on -i ','i'i i'r.', i.1 i'i,' n,
taoi nl.-ili a-pt'i i aner ine iii-i ii..u u n-i . iir
in i'i
l
I T
I in t 1 I
I I 11 I N
Jr
' kh 1. ri
-nr-r
New orli, .lime 21 lln li.nlniK on
the lit nail -tieot cull. 1 in was in
I lirh large lolnme. allln.ni;!. Hi" end
of the week- found a -ciinlii.lnl.it .li-po--ili.iii
pieiailinr; in the -pi . iilatit e ele
iii.-nr
Tin ie wa- Rood ti.nlin; .i-nin in
Smith Ann l i.'.'lli tiol.l mi. I I'l.iluiuni,
tilth ft.ieiRii hlllr taking nio-t of the
-i.uk which was in -upph Allied
I'm kin; was -trniiR n;niii, -. llms at the
in n hiKh i.et.ril of (i7's. hut minted
-liehllt in the late fmeunoii
Tin S.itold 'I'ile i--ue- tteii mm.
.-..it. .1.1 Tim -ellin; at .V.l' to ,-,',)'i, ;
Niw iuk at .-.".' j mid (lhio.it .".1 Cni
tul Iletail Stole- moled up to the new
hlj-h in. ml of sit
Swift Int. i n.ili'ilial un- one of the
-Ii. a; featiin -. a kirj-e lohinie of hu-i-iii
l.eiiik' tinn-iii ted at l'.ll'. to 4.2.
Inl. i Coiilinental Huhhrr tin- ac.iin
weak ns a ie-iill of -u-pen-ioii of work
in Mexico and dumped from 2l!'-. to
phalt
I do pi i f . .7''
Cnl I'aikin; Co 7n"s
Canadian l'.n- 10".' i
Cen Leather. K"!
Cent, de I'.i-t.i ."I7.
Chandler Mot.. 2n.
Clie-a A Ohio (il.' ,
do pief... . 70
do pief .. . 7n
Chi A. N W...HH"-,
C It I A I'.'i" te 2-'.
ill. Ope pief . til'.',
CllltU' 7 pc
pief 77'.'
Chile Copper. . 20 ' j
Chilli. Con Cop If.'..
Coi r & i is
coi c .v i: .. .-.o-'1,
Col A South.. 2S
Cllll-ol (ills
Cunt Can
tip' '
70 .i
ll'.l'L' 'i
Hi.". Hi'M-4- -s
li)".', 10.-.', l'
r, .-i V,
201 207 40',
(',.-,.. 0.-. 4- "j
c.'i's 70 4- 't
i.'i's 70 4- :1s
mi , nii-1,4- ;
4- :,s
4- V,
, r.it.il tilf-s renorte.1 t.n N'w Y. irk Mori.
I tkk. r 17.1 am. stl. ire comi.-ir. 0 tilllt 1 .'III'. -
-i.n shirt- i.nt.rd.ii this it. .k 7 0 1.l.aun
, Hh.ireH i.ivt wiik llll. ami slm.-i
New York Bonds
-. i
iiii'.
I St.. In
I $1000
I (1 AiirId-IMi ."
2 Am Km- Sec
20 Am T & T .'.
Oil',
l.-.'j
I-
oOl s
2- '.
77 '... 4-2li-r-1(1
4
l 4-
.-!'. ''- t-
M i
. 07'-, 07' ',
.-.s.!HI7s P!)7s
111 ' , '.II ' ,
i-i -
K7:)s
!is '
!'l Vi i
2 Am T & T. (Is.KISM.. KKi'i 10:i'j
2 Hith Stl .'is '.'III Ml ,S!) Si)
10 laic ct- Is Ser I! 17'.. I7'i -17'm
'.I lilt Mer -Mai- tis. '.I.M, '.IS1S .I-,1N
10 l.ii) lioinl SM'jS.. '.ID. .".I '.IP. ill !!!).. '11
Am. rt ill Stores 2l'a 2.1
Kal'lMln Loco .Iii3 lm'i
llrlll .1 (1 . 4,1 47
llulf & husn . . 71'
.1.. it r . . .".lVa
t rnnii. Ir t tfo .... 14.1 1MI
Kin trie Slitrawe . -7'i 7"j
(i.ntr.il Atiphilt . 72'- 73't
b nret . . . . Km llll
K.'itt.ili.' Tel .... !l 111
tin nr. t . . . 411 Ml
Kike .-tin rorp .. llll ll"
I.. hl-'h Ntv US l.'l
1.. hlk-li Vi.l el r.l'a
I.. Iiliih Inl Tr II 17
. ,.r..r 2l 2-
J't un I II 11 4ll' 4H'(i
J'hllit llleitrlc . . . 2,".!S 21Va
l'hlti ''.. . ... .'i'i in
.lo .1 p l l.ref . ... 21) ,'tl
il.. tl p e nref. . . . 3.1 SVi
P It T ir itfB 2ST1 2!i
Il.inllliK S7 -Si4
T.mt'iMh It 1 S A n.
T'.niin.ii lln X'i :i
I'litnn Tr.Ktlrm .... .IS1, n'i
f ('. I ct) 1194
I- S SI. el 1U7. HIS
i York liny nl in
I tl. urrf .... aUd 32
Yesterday
Hid Auk
..I 2.1
luiH
4.1
71'i
"2
102
17
143
S.I
11
II)
lliS
l.-'fl
r.i"i
14
211
4HI.I
2
3S
211
3.1
2II'4
,-s,
3S'J
on
1(171;
nW
31'4
144
K..4
72W
llo
10
,10
20
ll'l
.11
17
Jl'i
31)
32
311
2H'
X't
K
3S
31).
ll i
107'!.
in
32"i
STORAGE BATTERY SOARS
ON PHILADELPHIA 'CHANGE
Advances to New High Record Price and monopolizes Interest
in Local Trading Traffic Conditions Improve
Klcctric .Stn'rnKc Ilnttcry toilny monopolized vlrtunlly nil Interest In trntllng
on thy I'liilndelphin Stock KxcIuuirc, renewed dcinnnd hcliiB urgent mid causing
uiitisiial nelivity nnd Htrenglli. Jlorc thnn OHIO shnrcs changed hands lit the
first hour mid the price was forced up ns much as Sl points to the new high '
record level of 8S. I'lolit-tnkliiK caused a slight .reaction nfter the top quo
tation had been recorded and at the end the price wns up 2 points at S7'j,
with sales totaling (IS.7I shares.
The only thing Iiciird In the Htrect to explain the bulge for this issue was
continued talk of ilcinnml from lu I'ont-tlcncrnl Motors interests, extensive
hit ing snid to be from that source.
lliislness in most other stocks was In odd lots, and although price changes
were fciv most issues made ndvances.
Steel common was strong, Heading Company galaed a fraction, ns did
Pcnnsylinnin Itnilroad. nr.d Lehigh Ynlley scored a wide advance.
Insurance Company of North Aincrlen held steady, Philadelphia. Company
cumulative preferred advanced ', , hut reacted later aiuj, I.ehigh Navigation
tinned dotvnwaid for a trilling decline. Lake Superior'To-t a fraction, as did
Toiiopah-Ilolinoiit, 1'. It. T. certificates and Philadelphia r.leetrie. 1'uited (lus
Improvement wns in demand and gained '...
l.lhcit.i Loan bonds were firm, with the fourth -lis most active.
The Philadelphia Federal Heserie llnnl; has been advised that because of
henvy pa incuts on the second Installments of income taxes Secretary of the
Treasui' (ila.-s issued a call for the redemption on duly 1 of nil Treasury cer
tilicntes of indebtedness, Series V(J, dated February 27, 11)10, nnd lnnturiiig
on July 20. Inteiest on nil certificates of tlio-c series will cease on July 1.
Holders will have the privilege of conveiting them into certilicntes of Scries T 4,
dated June Si nnd 10.
Oflicials of lailroads operating castiinid from Chicago and St. Louis report
n maintenance of the lecent gains iii tintlic, nitli u steadily incrensing volume
of tonnage from the iron and steel ami allied industries,
(Jeiieiul merchandise is moving on n large scale, with the freight offerings
from small industries all through the Central West furni-hltig a great amount
of fi eight coiering liituiilly every commodity manufactured.
llotictcr, not niui'li compliiiiit in legnrd to the car supply is heard, the
lallioads geneiall 'being in position to handle the business. The betterment
in the fieight trntiic situation is coincident with the general optimism prcvailng
in liitmill ever section, and the marked activity in the demand for commodi
ties of nil kinds, liairlng sporadic labor troubles, the situation is regarded as
highly .satisfactory.
Oflicials of southern roads report trnflic on about the saflie scale ns the
preiioii- week and slightly less in lohinie than a jear ago.
The deferi ing of idal shipments is largely lesponsible for causing a reduc
tion in tonnage, as compared to other jenis. Lumber is moving iu large quan
tities legiirdle-s of the high prices and there have been liberal movements of
soutlniii fruits and provisions which has helped offset the reductions in other
lines.
1.-.
'-', t-
Cnnt lnt Cnl
100',
ps3s
11
Com Piinliii t-. 7.".'v
CriKihle Steel. !l.V",
Cuba Cane Sag .",r.7s
do pief sl
Uel I. A. W..200
llll)', 100',- -'.17',
P7',4-
i4, ir',4-
71''.
f4'i
si:.
S4'4
200
2,'t
do cv Is. . . .
do 1-t 4s . .
do -l',s
do 1st 4 Vis.
,1,, ,! 11 .L
J 1 .r ,.,, ... . ,, , ,
:i. ! 1-1(1 ilo 4th 4'i-.
7J7, "aj, 200 Vie .Notes 4.-
Pl7s4-l'Ts
:.--.' ' 4- 7's
m',4- ',
NEW YORK BANK REPORT
I
laiiged from
I 1 -UK II ( lllll'WY
- 1 Inr 1- I'.fi
n Hi - I i '-liil.
I ! Uirei- mil i.ne-li .IT
I . . il. Ir . rr .1
n I . r Im. ,.er t flit 12
' 'inn.". -I l. tial'1
I." i.l i I I n. i I r. . . rd at
J I " -i 1 1'. '''I 'lis
II I.r.l I IN I . tsni I
Hen A. It C.
I. lee Miiiii;i.
r.lkhoin I'uel. .".7
I "nii'l -i.n Hi anl ill
Cue is
do 1-t pief.. 20
Fi-lllT l'.mll . .. S7
10''ls
S7',
10
ls
2P
2..'... -tieneral
7:i'4 to 7,'l
Lima 1 motile wa- tiaded in at
.-.li to .-7'... National Ice was -tioiiL' rninons I'lnier.l KM . 1 12
igaiii, adiaiieiiig fiom 7'- to 7!l'.j. (ia-tnu Win-. . . ,S7 i'.O'i
Itemiiigti.il T.i p.tiiitei n.i- tiaded in Mien Cigar Co. . s(7N si
7.-. I lien Motors.. .'Jii-'Ms 22!)
Mil -IKI vi.- ; bhli 11 F - so''s 7si,
Yf rl.ii
A-k (ml
Horn
til
t'MTIiU lIltllllN's. IN-lltlMi: (I),
ll'l l ..In-lit st.
II 1 I li In 1. I .11. 1-tli I'll".
,Th T)ir h ' 11 il t mi inn itl
dlvtdtn 1 4 ,. i 11 1 .Inne .loth n. t tj
torkhn I r t r rl .tun" ... h. llll'..
C het'ks 1 r . I
I IM' - M i-l.WIV .
Ti i-ur r
I. Ilia K-J.I..-11 .
ine r llrill-l, lf
Im, r Mnr. 1 1
Inn r IV. ilin. I'm.
Ill.l
t
3
4',
In
I.e. f
Snerlil Nntlrrs
U3. . . . .1 .... l . .-I. , ,,F t , r,,
uth P n - i.r I'hi' 1 1. In ,1 i I.r-il
nla, n Tue.it.it the liftti il 1. nf Anttn.t,
10, n' tv . v ,t in 1 r if purni
hnnl
r..iein exih.iime had little featm
tifiei -.lie for 1111 s point iidvanc.
f. un- to li ,'i7 francs to the do'
Mi 1 ling w.i- ill
111I1 .1 . New here.
Th tin.-nn i.il ci.mmuniti paid im at
til.ti n wliateter tn del eliipment- oilier
peace
-etilement and thi- n.is nt le tint1
,.f the I'xchanues wlnelu in rh.ip-. are
T ti 1 .1..
-li
il
1,
I . li
I un
II nlm Hum, 1 r,
N I -hli.li'lll lln
".th Ann r I'.i
1 1 1 nut ami -ti inline i-.ri. , 11 t
'COMMfilllll. lltlsl (l)MI'ANY
If 1 . Il'lil . M IV 2'iTr. TilO
Nottee 's 1 t;i.n tlint In iurliine
ef a re u' n 1 the M rii ni i rr tors of
Commer 1 li - . otnpint 1 p. .li Mpt
tni ot th 11 U.rs nf 'h- i-umpini nil,
te held at i s u ri n'l i imn--re'.il
Trust I" 1 1 - 11 --hit si , ,.,. r r , i r,
r.ouin in nr I ni i I
van
IDl'J
of totiin- it t ifftlnst -in 'm re-tse nf th
Capital S o 1 ef th. f rnii mt irom Jl.ono .
lino fr, X- onn ion ... ,- ,rf -tA tr. .i, t-. ..
holders at J .... 1 -r shir. . f uhlch on. -hs't . th.111 tln.-e hating a bearing on Ih
win... no r" 1 in rtii'i in iuu'p part or tr.u
surplus tund uf th.- i-ompi-i-
siMiT', a frtr.7r:r.
, -.-- '--".'"l' eteii rioie diiet tl intliieni-i-d b.t then
I'ulp
I 1
- I ipns rt.ii'th
- u 1 .rl Mntnrs
-I I A. 1ms
- ' in trltl IV it
T '1,1 iiinlitIMHir
riiimrl.. ni.n
Int.! I'r 'III -h.rlllK
I - -I imsl.in
1 -nl J Meters
tl. rl 1 rum
l rluht-M.iriln Air
1 I.'
11
.1
lie.
.'J.
17
.11
t
I I
ill,
lit' j
111
1
31
I'll
-
300
ill'.
ill
,1t
in
1,1
-7
in' j
in
t.n
-
17
117
flti'i
47
42'j
02' .
Mi lihli It r
I in at North pf 07' s
j (ir Not Ire -lib- 17 's
I Creeue-Cll Cop Ci'-J
Ha-k A Hinker 1',2'j
hit Agrieul. . . 27 's
do pief s,"i
Inspiintioii Cop tiO-,i
Interb-Cons Cp 7 ',
1 do pief 2! 1 ',
lint liar C new .14.V,
lnt Mer Mar.. .'.I'i
1 do pief US7,
Inteinat Paper, .'(i1"
lnt Nhktl . .'IPs
.lew el Tea . Si')7s
' K,iu-.i- Cit.t So 2."
Kelly Spgliel,1.12(i'i 12P 12(1
200 . .
10 r's
s7',-t-:M,
:!77s4-l:is
.".lr'H4-
1'V'tf 's
2D 4- 'i
S7 4-2
1 CM -..-fl Vi
SKI', Vj
St ..
2:!2'..4-.r.'j
70 r-s
07 '-4-
"1
'.11.01 Pl.Ol 111.04
PI 20 01.20 01.20
P.". S'.O !).". 12 !C. iiO i
P.". IS '.),'.. S',0 !)5. IS
PI.20 PI. Hi '.11.20
01 2s PI.20 01.2(1
PI). PS OP. PC, Oil. '.1(1
do Sl- 100 PP. PC. 100
2 .Mo Pan tis P!)'JS !); )pos
1 N Y N II & II li- ,S2 S2 S2
ii Pieree O (is 1021. 1(ir."s HKPKtlOtPH
1 So P.icitic cv 1- ST ,S,-)'i S.-l,
2 I; of (i I! A. I
003',
IP
5',j- new Ullll P0 00'
in r.'js 1021. ps- US'!',
do JMjs l',),'!7. 00 00
OSli
00
So
til)
2s".
Tntnl sties 3,. 172. 000. compnred ullll
$s,7ii1.uuo M-stt-rtla this week t.14,14ll.(Hl.,
last uttk. J77 27S. 000
Financial Briefs
17
IP. ..
I12'i s
27's4- Vs
sr, 1
r.o 5 4- ''
7:!',4- Vt
2s-'s4-
114' . 144U.4- V;
r.o' 4 r.o'i4- 'A
117'j 118 4- y'i
.-.15 Till 4" 's
;si'4 :u4- r,s
S'.n7, :);, 1V4
274 4- -
Vi
Large Decrease In Average and Ac
tual Loans Reserves Gain
New Yorlt, June 21. The weekly
statement of the New York Clearing
Association showed large decreases in
average and actual loan and gains in
reseri e--.
Details follow :
AvnrtAou
Increase
Loam. . .. .s.i.oos.ans.miD $1,14.721.000
."it i.iuum den T4.osi.r.ss.(liio ail.3..1.ooo
Ail tune lep... i.,u,rt-L-,uuu
.is. osi nun
1I7,SS.'.00U
CORN TRADE SMALL,
BUT PRICES ADVANCE
Offerings Light and Commission
Men Are on Buying Side.
German News Aids
COTTON ENDS HIGHER
AFTER DROP FROM TOP
Many Traders Even Up in An
ticipation of Peace Treaty
Events Over Sunday
(Jin illation
i'Rfh In uultt.
lie in moinber
hunks
Itosrw In Mat"
banks inl trust
COIllp ItllPH ,
11 'Mr In tt ite
banks intl trut
compinj ileposl
toricH Apurpato rea. .
Kt n iPijulred
uplu
r08,l10,000
11,091,000
11.(140 000
nsi.hMi niHi
540 Sii7 1)10
10.il il'.Ofi.
-- s --
U
U3P- Sl'hllW
Third Nation. il I
held n t '
ket ts r '
Uth. 1II1II. 1
o'clock n 1 t
a propo" 1
th Itan '
addition i
era of 1
one-ha'f ' 1
ji;MrrTiM.s
MISl.TlM. -f
ih. - . -!.. I.I r
imk i.r rhiiiuvinhii
1 - H .11 . I 1 , , 1 .
inl. 'i ll.itne.il
ail h 11, .I 1
r th t t-p ... , f
Illint Is 1-2
toil 1 .370
I'r-tlr Pip" 2-7
s-.tnd oil if t'allfornla 273
stand r. nf Ni.-t J.re 71-
.-land oil nf N.n York .370
ih
. .i .in , .
' I . . 11 r.
-" 1 I
lllll
r utii iii
I'rnpo- its
!l
I
I
k of
Will the
-. uphold.
of ttlilt h
tshn r
Jure I lulu
west .ir.it-ni mi -r.isiiiim: kii..
110 Ml (IIMI'INV. llrnatl street station,
Phlladi ih J.i ie lOih mil, ,-,i.i pro.
poiiaia i r.'.it. 1 t this i.rn.c un-'l
lioon of the llr-t t. it .if .lull, l(llt) f r th"
sle to h irptnv it n n .xih-i.i. i r
ot all . i l rt f m iiiitnt nf th. ll. st
Jerse a i -- i - -- Kiilrnnl '"ompmi- 1 trst
Consul. ' i ! ' cage lif.ntl. as cm he a,
cured ' I - un "f 07 317 7J. ul'P Icatlo
to tilt) ill.- 1 'led
HPVltv TtTMlTt Tr ,.,-,r
The -eciiiiil liinir -.lit -nine -lipping
I'M fT. -pt.tt in prii es fiom th" top leieN, hut
i '.' 'it" ''"' undertone oivliiiued one of strength
'I Hi'- Tl.e mole ill-Inn tin- -I ullltlle issue-
'ni'V't'o dis'ilned less ii -i-tance lo w ha ten i
tin n ine ure the In in- -ought to t'Nert from1
time to time than did the siantlaiil list. I
Mot i'llll 111- lit Ih" i In-Ill.; Wi'le -nine (
what miM'tl Lih.it bond- were stenil
to flrni.
rintimi ti, n. the tiadn iniiiiials I iter I'ttrel
half he. n nil ah.iu-, they weie if ninre V'reiu" on" ' .
.ii Willi the .. ni it to i olldititills in the llldnest rlteUilns
, . , M -t ivtrol
ll.tk I lo.ltlg tllll.ll. OhtO fuel
C. mm. i. nl adines me -nth." pJ,':u,',hK;f . '
who I'nii. "as tn ic.lie no iiniinr a.
r,, in. n meaning ami oiie-tinniug- of
ih, m tniint lit of the business lilll.ll
-..,. lilt dllllltllsh a- concrete eiithuee- Vit.Jn'' Montana."
,,rre.- inllltlllll I n't. N.ii ',rk
r.o .14
A r,
rNI!tl Oil. STOrivs
1-7
371
M'j lSC.T ir
IMII.I
r oil A. Has
I i nnmi.nti-' illh
' sd-n A. t'u
I" l I't-ln
I '). r.l oil
NDlHsT Oil, ,ST0(1
A
,i't,
11
.
. 3'4
"I.
273',
1',
11'.
in
3H
3u
12
Island
TtnrtKK
2-
1711
. ."I'i
20
. S
-Is
. IK.
IIIMNIi .STOCKS
',
SO
DIMIlCNDs
Office of The t tilted (.it- Impnii euit-nt Co.
N W
I nil t
llr" I ird Ir h r. -s
i.lelph I j . II llll
The. llr . -. 1 n -iiii l. i ,r. .I a
ntinrterli illiltlenil of ttin per tint .SI.Oll per
aliarel. t b Im r I'.I'. t . st, un.. tl is
of re t '1 t o , r l t. 'ih. Jun, 3t
JKJU i h 'I b m-r..I
1 IV M"l!l;l- Ir. ,sur r
CUTS DEfcIURRAGE RATES
1 " . . .. . i . i in Arl? mi
lli'iil-tieet -tat" "aetuui in iirnunii. ,. ,. s it ,, r, lne ,,
t engtli of pine- and optimum ti, to J,''""';1 er
the outlook -t.lll'l out mole flearl .iiinell inns . .
....in .it nn 10''ii"U 'hue sin,-' the OnMneW n-.n nc .
Iimi-tn e " fir. "n Mi. niter
While .irtiflt- of hiMiri and iienrnu ',! .s.'.unT . ' '.".
nnpartl m .-.., to ! l.M.Hng. the -itn - Ind. p. r..l..n. I-ead
iitinii I- i.'iuaik-ihle for the wide -nope llm Ilu,,r ' .
aI1,l ,.mprehen-lte-ie- nf the tlemiunl 'nn.'.'Vrr'sSh- !
t. ml the -real inrieii m coiniiinnii.e nun Miopia t ,.i.p-r
f-itnieateil until ml- the imiuiri entt-r.
- ' Hank cl.-.tiint:- this tteek total.. I .-s -
Director General Hlnes Announces -..-7,14 (in:i, wniih i- a new hi'h m -
Wide Reduction in Charges ",i (,.r .ill time, exeeeding the p'-eiiou-
Wnhini;toii. .lime 21 Substantial icmr.l -t:i'.lih"l two weeks life by
1 .1 1 t . ..,,. -i Kilt (HMI (It'll. La-t wee!;'- elear-
eductions in detnurnige charges were - m m s o 1 1. ,,,- ,,
Jlines. Tor di titiiiing e.11., eiihei load
Mi
''!
S'.
17
1.1
I'i
ll'l
I'i
44
111
17')
3'i
Konnet-ntt Cop 10 SiP'-j ilO'l Vi
Km Tire A lt.10..'s lOii lOSPis l-'s
Link St. el .. si'.. SC, Sl'i-f Vi
Lehigh Vnllei . r.4", .-.:! .rilVs4- V2
1 Lee lttihcvTire iiit''"- SW's Si:54-
i.Manlint LL... .s7'-j S7 87 K- f Vi
Max Motor... -IP', 4s 4R7's4-i
do 1-t pief.. 77 7.-'i 7.-i4-
I do 2d pref. . S'.OVj SIS Si0?C,4-l
IJIai Dept St.. 10.) 104'i. 10,) -4-1
Mel Petrol... 1,SS
Miami Con Cop 2S
I Miduile Steel. .".2'N
' M A St L new 10
1 Mo Kan & T 10
1 do pief....
1 Mi. Pntilie .
do pr
Nat Acme . .
Nat C k C .
Nat Hiseuit .
Nat K & S .
Nat Lead . . .
Nov Con Cop.
Theie were no se. ions ot the Liver
pool Cotton .Lx-clinnge or the London
Stoil. Kxchange toda.
It II. I5oggs, pre-idiiit of the Pitts-
buigli, Ilurmony, Ilutler and Newcastle
Ilailiiay, has resigned And D.ivxid L.
McCahill was chosen as his successor.
Mr McCahill bus acquired Mr. Hoggs'
entire interest in the properties ninouiit
ing to something in execs- of 1,000,000.
The New Y'ork subtrca-tir.i gained
So ,407,000 from the banks je-tcrday.
HrunswiCk, Ilalke,- Collender Com
pan.i reports for the jear ended I)e-
i ember 31, 1018, surplus after charges,
SI, 1(12,502, equal after preferred divi
dend to .?m.7S5 a shaic "on ,-('.,000,001)
i oinmon stock outstanding against sur
plus of ,fl,211,SS0, or Sll .-,1 a share in
1017. '
At a special meeting of the board of
representatives of New York Curb Mar
ket Association it was u-olved that the
membership be limited to ,".00 members.
trotted Stutes deposits deducted
331.0011
i)tt rcase
0.L")'), Ullll
".-s.i.ono
1.(124,01)0
t), 170,000
430,000
371.000
tl, as.i.noo
4. .1011.7 10
13. Sill. 740
tooS.-
Loans
Net demand
Pit. Its
037,439.000 14,707.(.00
11.828.000
ACTUAL
' ' Increase
ll.O28,813,000'X2l3,OOU.OOO
de-
. . .t4.OOS.333.000 12S.,l;ill.OOO
-Net time .lepoMla a.).. i'i.) u. 11411.000
CIrculatlun 3K.KIS.0O0 1104 O00
Cash in laults .. 97.1)00,000 '018,000
itescrie in mem-
uer b inkg ....
Itfserie iu state
Ixtliks and trust
comp inles . . .
H. heriu in statu
banks and trust
tutnpany deposi
tories 12..1S.1.000 381,000
Asuri-isate rcserto Olll.S.'.'.oilO 14.513,000
Htserto required. .131.443,470 l(l.r.r.l,,1H0
-lurplus 80.40S.3JC 31,1.114.510
Dtcrrase.
tl'nlled Mates deposits deducted. $351,
01)7,0110 i
1'ertcntaee of riflen-e, 17.5. unchansed
OUTSIUi: HANK STATnilE.NT
STATE UANKS
New Yorh, June 21. Buying power
in the cotton market was good today
and, after prices had leceded sharpl.i.
following a stronger start, bullish crop
advices from' the South and prospects
for lain oxer Sunday in the belt again
turned the list upward, with final quo
tations above esterday's close.
Western houses and mill interests
were purchasers. P.usiness was quite
active. Many-traders evened up iu an
ticipation of peace treaty events oier
Sunday.
The inai ket closed steady at a 13 to
4j poiuts net advance.
Yesterday's
. . close Onen Utah how I.aFt
Jul!' 32.12 32 00 32.no 31 00 3-J "1
Ottober 31. M 31 SS 32.2.1 31 70 32 03
December ... 31 (13 31. SO 32.10 31 (10 12 0(1
Jnnuiry ... . 31 4S 31. so 32 oo 31 .10 31 no
March 31 2U 31.5.1 31 78 31.30 31.(11
BUSINESS NOTES
10
:' i ' j
.-(.' ..
;ts
2l)7s
r.i'...
lS''i
!)
P.)'..
:i:t
.-.IM'.
ed or empt the charge will he .-2 per
da' for ein h of the lir-t foin d.i.is ami
?."' per dax for em h ucteeiling day.
The new i-harges. whieh hot tunc ef
fective je-terdn.i. coinp.ije m I til pie-ent
Charge of KS! per (l.iv for eiuli of the
first four ihi-. i?0 per day for each of
the next three da.ts and $10 per luj
thereafter
1T...l...n l... hi n. ,. . ..Im..... I, ,. u
Jt I Jl XltfflUlWl V. lltttlttli .1" ,.i,,- ...to
Jy1' VSecu made for tars detained for loading.
' New Delaxvare Corporations
1 Dover. Del., June 21. Charters xvere
'filed hero todai ns follows: Ilylleshy
Kiifflniering and .Management Corporu-
' m'"iini. to curry on .general engineering
j.", i Uuslncss, authorizetl capital $10,000,
IL s" f0; (lustoli Oil audillellning Compaii.
il-ii Vnthorizecl canitai s.i.uuwaiijx', in renuH
t.' C 4id marUet oils. etc. ; Trinity Oil Cor
k jrtion, authorix.d caiiitnl $2.r00,xK)0,
1 IUIUUC UUU UCVCIUV uil iuuuo.
week ct.rie-poiiiling to iiii- last oar.
,s(i, 700.012. (M'.-
ti .ther Led..
xlines Ci. of America
N.. iida Hills
Nita.la ll'on.ler
Niolsslnu
Ohio I'.tpper
Itav Her, ules
,1m T,.i
rnlted x'erde
West Hnd Con
''tit, t'aps . . . . .
Vt-rinBton
Otthlehrm 7s .
i'.,sdt-n oil 0s
('..stl-n A- Co Cs
l'udah 7s
llussl i'i lluvt .1v
do tl'-a s
4'.
3
r2 -
ii
ni
31
'
3 t
11'.'
.!
. 41
. Ms
. 17
. 4 .1
i
. 102'i 102".
IIS KH
. 9 101
.lnsv-i lot
47 .10
. .11 111)
. Ill) 09".
32
10',
02
37
11
r
,o'!
42
M IH
10 17
r,2i,4- '!; Cotton Buxers and Sellers
10 4- Vi' New Yorli, Juno 21. July W.
10 4- '& I Oumoens, Schnnz, 1'airntt ami Itosen
10'i.. berg bid; Ilnrtcorn and Itussell of
X1, 14 fered. October Hiirnett, (Jeer, Stein
."(i't :1i baelier, Cuppia, W. (iuninens, Ilnrt-
iSi's SiSis : ' corn, lteid, Walsh, Newman nnd Itny
0 2(7,4- V4 i bid;. Orvis, Hnrtlett, Itanger, Uu-sell.
l.'tl'i, Iiii'-. l.'il4- Wude, Freeman, N.imnn nnd AVatklns
SO'j Sll SO'o-f Vis offered. neccmber Newninn bid;
70'-j 7s'j 7!l'e4-l I (leer, Hrooks, It. Hubbard and Ilart
l!l', 10 JO ''sicorn offered. Jnniiai Orvis, Sclilev,
wr O T i M US', iiS ..S -TVj Kleffer anil AlciNennn hiil ; Hyninn.
N Y Air Hrake.121 121 121 4-2'2 McKnany, Ilenrdsley, Newinnn, I'iggatt
N Y Central.. MM A S0V, K0', .. and Sigel ofTereil. March Uosenberg,
joans and iniost
ments Jold
'uriency hunk
tnotts
J ., posits Federal
Hi sent. Hank of
Nt ll- York ... .
Deposits
userie on deposit
$020,414,400
8,322,000
$0. 203.001
17,300
25.S75.200 !. 710,000
32,!)l)3,000
73.1.1)1)1.200
104,H7S,30iJ
3.048.S00
1)1.373.200
O.IU2.7O0
1,
PercentaKe of reseri o 21.5: Increase
TRUST COMPANIES
r.oans and Invest
$2, 010. 213.300t 110,(100, 700
11,777,-00 SU.OOU
tnents
Gold
ITurrenrv h a n k
notes 21.235,200
I), posits Federal
Heserio Hank of
New York . . . 223.720 (100
Pt posits . . 2.212.431..10O
neseric on deposit 30S.277 000
Pertertase of reserxe. 17.3.
73.1,700
8.107.200
4.1)0.1 Out)
2 TUK.IIIH)
Unchnmied
STATH HANKS AND THUST COMPANIES
Nor iinponTixo to ci.nAiiiNa iiocsn
N Y Dock .... ol's :i:t S!4 4-
do pref .... .r.2 ."2 .".2..
N Y N II .S- II ol7- i!0 SU'44- Vi
N Y Out & W 22 22 22 4- Vs
Noif & We-t.lOSls 10S 10S1S Vs
Monier and Mnnneiuan hid Newman
II man and Heard.ley offered.
North Amer i7s
Northern Pnc 07
.-,77s ." 1
Vulcan Detinnlng Votes Extra
New York. June 21. The Yult-an1 Southirn nallnav o. .
Deliniiiiig Coinpaiii hlis tlicliiied the,
regular .piaiterb diiiilend of 1 p.r, NEW YORK COFPEE MARKET
i-ent on the prefened ktock and an extra New Yorlt, June 21. Trading on the
of 1 per cent on the prefernd on ac- ,.off0e call was very active and, follow
count of accumulated dividends, both jnc the further advances in Brazil call,
Nova Scotia btl Si
OUlu P &
Ohio (ias .
r.
Oticns Hot . . .
Penn Seal) Stl.
Pan-Am Pet...
Penna It U
Pen (las & C. .
Pere Marq . . .
do prior pf . .
Phila Co
Pitts .5c West.
do pief
Pierce Arrow. .
Pierce Ojl
Pitts Coal . . . .
Ptes.sed Stl Car So
Pullman Pnl C.120
11
r.s
.-S7's
SUM-..
D7U.
4(ii2
f)2
24 '-j
0stt.
3H!s
41'H
evil's.
(12
07
Ml
ll'j
r.7",
r.s'j
liii'-i
on
ltl'4
07
paxable July 20 to stock
July 10.
of record
I
DIVIDENDS DECLARED
HicAndreiis & Cotbea rompaiu OUar-
terll Of 14 Per tent tm inv hi- ru n.,..
le an
reimlar
u rr tent on th lotr.mon stock paynl
liilx lit to att.ck holders of record June 30
""l..... ,'-.-. lflsnerlea I'ompany. reitul
nimrterly of 1 per cent on the preferred
?i Sicli ! pajibl. July 1 to stuck of record
June 23. ,
Postpone Havre Coffee Opening
Havre, June 21. The resumption of
business iu coffee futures here has
been postponed until Monday.
prices were S2 to 00 points above the
preiloiis close, carrying all months
again into new high record for the
movement, September touching 22.35.
Vest
Open Hliih Low Close close
September -- 4 . -') o.t
SHIS 4-1 Vi
11 4- Vs
r.74- Vs
ns7; v
Sid'j
oo . .
4(1 4- V
r.2 ..
2.'M,i..
(!(M,i..
:is :4SVh4-
40 40 4- Vi
M'i 84'.. 4-2
(51 02 -
2 I'i -21 24 4- Vs
(54's (!o'j o:mj4-
Sl'j 847'84-l
120 120 4- Vi
2,'M,
0(1".
Rubber Company Offers New Stock
Hoston, June 21. The Hood Ittibber
Company is offering preferred stock
holders the right to subscribe nt S100
per share to ?1 ,000,000 additional pre
ferred stock in the ratio of one now
share for each four now held. This
will complete the R.i.000,000 authorized
preferred issue. Stotk must he paid
for in full August 2.
Ttoatis, investm'ta
(!old
Currenc) bank
nous
Deposits Federal
Ilcserie Hank of
New Yorlt . . .
Total tlenoslts . .
Net deposits . . .
Htserte on deposit
Percentase of re
sent Decrease.
1S01I..190.200
8.354, 300
10,605,200
08. 104,800
844,437,1100
7115.111.100
135.2iS.100
19.7
$0,420,000
(10.800
Chicago, June 21. An advance of 5
points iu prices for hogs nnd the over
night news from (Scrniany stiffened the
market for corn this morning, but
business was not large.
Offerings xveic light and commission
bou-es were on the hu.iing side. Ite
tcipts here today xvcie lo!) cars.
July opened '4c higher at $1.81
and advanced to S1.S2', ; September
.-tailed nt Sl.7-1 to ?1.7." nnd later
sold nt ?1.71, an advance of n full
cent over ,ic-tei till 's close lit S? 1 . 77 Vi! i
December xms $1.31 nt the outset,
ngain-t SLoO-ls at the close yesterday
nnd moved up to $1.51.
Oats als. xvere higher on buying by
commission houses, elevator interests
nnd professionals.
Trade was small. There xvas a
scarcity of offerings. Receipts here
today were 140 cars.
July opened 'Ac higher at 70e and
rose to 71c ; September started at (39c
to 70',&c, again-t 71 He at the end yes
terday, and adx-anced to 70',ic ; Decem
ber opened nt 71c to 71',sc, compared
xvith 707,sc at the close e-tcrday, and
later sold at 71Vjc. Larger sales for
expoit helped the tone, as did-unfaror-nhle
weather in Km ope.
The receipts of wheat here today xx-cre
eleven cars.
Leading futures ranged as follows:
f'nrn ItietA- ttnl l er ) YeSt
Open HtKh l.oiv Close close
July . 1 sm 1 s-.'ij 1 sUi 1 S2 l.si
Went . 1 741. 1 7111. 1 74'a 1 7HV4 1.71
oats
July . . 70',
Sept Oil
l,urtl
JuU . 3.1 11
Stpt 31 (!.'.
Hilts
Jul) . 2S 1.1
Stpt 2S 10
Pork
July si -to
Sept . 10 30
FOREIGN EXCHANGE
New York, June 21. The foreign
exchange market today was. dull, but
steadv. There xvas little of incident
nnd the mnrket hnd a general holiday
appearance. Quotations were : Demand
sterling. 4.C.07rt, cables 4.01; francs
cables fl.SI.5, checks 3.3S; lire cables
8.00, checks 8.0S; Swiss cables 5.20,
cheeks ,".31 ; guilder cables 30 3-10,
checks 30 ; pesetas cables 20.07, checks
20; Stockholm cables 2,1.90, checks
70; Christinnia cables J.)..it), cheeks
2,-, 10; Copenhagen cables 24, checks
2:1. SO. Although dealings xvere nominal
rnhle notes shoxved nn improvement, ria- Reserve Banks' Discount Rates
ing to lOfiJIOV'i. T1e movement xvns T Officinl discount rates nt the twelve
'. 71". 704, 71?s 70
'b 707. Oil1 70s b'Ji
3.1 21 ST. 10 35.22 34 15
3,1 05 J4 115 3.1 0.1 33 00
2S 22 2 1,1 28 22 27.07
2S 10 28 10 28 32 27 70
.11 7.1 .11 40 .11 7.1 .'.1 20
411 75 III 30 411 75 411.30
3.1,. 100
3.2tlll,l'.('0
2,007,200
2,103,500
.5
RESERVE BANK REPORT
Commercial failures this xveek in the
United States xvere 110 ngninst 09 last
xveek, 120 in the preceding xveek nnd
183 the corresponding xveek last year.
Failures in Cannda number 0, against
10 last xx-eek, 13 the preceding xveek
and 9 last year.
Itetnilers who n short time ago were
selling silk gloves for 45 cents a pair
are noxv paying the xx-holesalers 75
cents a pair for similar mnkes. Accord
ing to the manufacturers, the retailers
became panicky ox-cr the lull in sales
caused by the inclement weather at the
opening of the summer selling season,
and unloaded their stocks with little
though of profit.
Demand for copper metal has slack
ened, and, while prices are being main
tained by the large selling agencies, the
volume of business is much less than
n week ago.
A sales director for a largo machinery
concern states that most of the users
of machinery equipment are buying
only-for immediate needs, but he as
serted tlint after the farmers have har-x-ested
their crops, after the. treaty of
peace is finnlly adjusted and xvhen
slight doxvnxvnrd revisions in prices have
been made about July 1, business will
loom up in a large xvay.
thought to be in sympathy xvith the
advance in the Itussinn O'i bonds.
30 23 0.1 21.1 r.
21 SS 22 50 21 110 22..1II 21.00
21 70 22 33 21 0.1 22 33 20 S3
21 55 22.05 21 51 22 23 20.73
Dei emb
Marc It
May .
CHICAGO BUTTE,R AND EGGS
rhlrarn. Jun 21. Hl'TTKR Ilecelpta.
I 14.251. tubs. Steady Extra 40c first, 47W
4SV.r aeconus, -t.nitin y, i-ai-itnm iiutit,
40Q44c.
KCIOH -Receipts. 51.411 eases Steady.
First, 30Q41f, ordinary flrats, 374738CJ mis?
celliineous. 8e3o.
Itwi Steel Spg.. 1)3 92 1)2
Ita Con Copper 21 '4 21 24Vi
.. ,, sll WTf,' fiTTf.
iieaiiing ' "" "''3 '.
Hen Mot Truck. 5(5 5(1 5(14"
Hep Iron & Stl. 01 !)1 91 ..
Itoyal Dutch.. n hits '"'ftt''-.
do new 1104.113 114 '41
St Joseph Lend. 14 14 14 4-
Saxon Motors.. 11 11 114- Vt
StLSK 22 21 21-
do pref 32'4 31 31 4-
Seaboard A L.. 10 10 10 fl
Shntturk Ariz . 14 W 147..
Sloss-S S & 1 US'j (I7',H UM'il-t-J.
Sinclair Oil ...03 03 03
Extra by Dodge Manufacturing
New York, June 21. The Dodge
Manufacturing Company dcclnrcd the
regular quarterly dividend of 1 per
cent on the preferred nnd 1 per cent
and nn extra of 1 per cent on the com
mon stock. Common dividends are pay
able July 1 to stotk of record June 28,
and preferred pa able July 1 to stock
pf record June 21.
'GOVERNMENT BONDS
Panama coupon 2 10.B ..
ranama registered 2a l'iso .
Panama coupon 2a. ,103s .
Panama registered 2s 1038 .
Panama coupoi 3s, loin
PaSaSa refl.tered S., in, ..
Philippine 4a. lpa
PhlllN- no 'J
Philippine 4a, ll)sn
U 8 Gov't coupon 2a. 1030 . .
1J 8 Gov't reglatered 2s 1030
U 8 Gov't coupon 3s. 1018
It s aqv't registered 3, .1046
,, a finv't oiuoon 4a. 1023
w ll Qov't reg-latered 4s. 1025.
Vi jjift. et Coluroblas3-05s. 1021,
Hid
tl 8 H
ns
)RH
IIS
811
SO
III)
llll
10
noli
I)DU
80
80
inn
lOB'i
,07
Ask
otitt
00V4
1)2
112
no
nn
nn
li ()W
l.li'i
02
1)2
l on i,4
lofli?
100
Local Federal Institution's State
ment Shows Larger Reserve
The Philadelphia Federal Reserve
Hank in its statement ns of June 20
shows a reduction in total bills on hand,
that item being $10."),700r3.-0 ns com
pared xvith $200,03j,OSO the week be
fore. This reduction of $10,028,730 in
total bills is more thnn offset, hoxvex-er,
by an increase of $20,000,500 in con-
tigent liability as indorscr on bills re
uiscountcd xvith other Federal Itcscrve
banks, so that the decrease la bills docs
not indicate any liquidation by the
bnnks of their obligations nt the led
eral lleserve bank, but merely n dis
tribution of' those obligations by the
lleserve bnnk here to other Reserve
bnnks, so that taking the system ns a
..-holt, the bills are still outstanding.
Contingent liability is ?i)U,iiuu,iiuu,
The ratio of total rescrx-es to net de
posit and rrscrx-c note liabilities on
June 20 xvns -11.4 per cent as compared
-uti -in.7 ner cent on June 13, the Im
provement being due to tho rediscount
Ing. process by the Reserve bnnk.
MONEY.LENDING RATES
PHILADELPHIA Call, r per
cent; time 5v40 P cent; commercial
paper, three to six months, CiViC
per cent ; six months, 0 per cent.
BANK CLEARINGS
nank clearlnes today compared with cor
responding d.v ... l..ff( ,
Phila... $74.0118.083 r,O0S5 7n7 $,10,801,8(11
noBton . 71,087. 012 48.048.288 34.O27.R0S
N. York..705.12S,34S 0,11.1)72.210 500,010,315
Record South American Gold Cargo
New Y'ork, June 21. The Lamport
and Holt S. S. auhnn leaves here today
for Buenos Aires, carrying a total of
$15,125,000 in gold. This is tho largest
single cargo of the precious metal that
lias ever left this port for South Ameri
ca. - Last xveek $4,150,000 xvas con
signed to Uuenos Aires, making the
total shipments to date on the present
movement ll),2i.i,U0U.
BAR SILVER
Commercial bar silx'er today was
quoted in. Nexv York at $1.11 off c.
In London the price xvas 54Vid, off d.
FOREIGN
COLLECTIONS
federal reserve banks xvere ns follows:
(The first column gives the rates for
all periods up to and including a fifteen-day
maturity to ninety days. The
third and fourth columns are the rates
for rediscounts of collateral loans se
cured by goi'ernmeut bonds or notes.)
Tloston
New Y'ork . . .
Philadelphia .
Cleveland
llichttiond . . .
Atlanta
Chicago
Minneapolis .
St Louis
Kansas City .
San Francisco
DAllas
Wool Steady In London Auction Sale
London, June 21. There were 8000
bales offered nt the last xvool auction
sale. Prices xvere steady oud un
changed. New South Wnles scoufed
sold nt 5s lld and South Australiau
greasy touched 4s 5d.
Com'l paper Oov't paper
in to oo ia to no
15 daya days 15 days daya
...4 4& 4 4tt
... 4 4 4 4H
...4 4 4 4U
... 4; 4r 4 4U
... 4H 4i 4'i 4'I
.... 41i 4i 4 4'i
,...4 4I 4 4(1
,... 4H 4. 45S 4 4U
,...4 41 4 4U
....414 5 4U vZ
' .. 4'I H 4Vi 4li
, ... 4H 4i 5 4 4'i
I
WE MAKE COLLECTIONS IN ALL PARTS OF
THE WORLD AND RECEIVE PROCEEDS BY
MAIL OR CABLE.
Brown Brothers & Co.
Fourth and Chestnut Streets
new york Philadelphia boston
Brolwi Shipley & Co., London
"
tivi-jt
V &-M U
$
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' ...
. its
'1
tl?S&Mjs
:i 3
'TAi v.
.-.Ma
, r n
l
'&
'.
..
llln d
. ' ,r f
,i
-SLLfc