.m 'Vmr y-' '; " ji':-!.- ...: viHJ , "-. ' ' M'V . EVENING PUBLIC LEDGER--PHILADELPHIA, WEDNESDAY, JULY 9, 1919 W 20 FINANCIAL NEWS-CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS WwtiHs Br. I ;C, rV H Desirable Investments We specialize In the con servative bonds of well es tablished corporations sup plying electricity, gas, trans portation and other public services in crowing communi ties. Many of these bonds are Frco of Taxes in Pennsyl vania. A list of those now on hand will be furnished ou request. Edward B.Smith &Co BANKERS JEiTiBUinm 1883 Vmtrra Sna York and r'ltladcIpMt Stock Bxchanart 1411 Cbhkh Snni 0 Pikb Bnm rniutmrnu Kmw Tons BULLS CONTINUE IN CONTROL ON THE NEW YORK EXCHANGE Money Market U ithout Influence ii Checking Operations. Day's Movements Include, Many Advances NEW YORK STOCK SALES Irish Taut Net (hp - I . High Points in Today's Financial Vies New York stock market gives further exhibition of stiongth in face of high money rates. Local exchange is steady, with Brill, Cramps and Lake Superior being the centers of interest. Impiovcmrnt is noted in the market for foreign es-change. Pronounced strength is shown by many issues on the Cuib. New high pi ices are made in coin nnd onts. Cotton is film and quiet. A Strong Market for Tax Exempt Securities Although all good in vestment issues are quickly absorbed these days, those that are free from Federal and State taxes are in special demand. Comparisons of the net returns from tax exempt and taxable securities emphasize the advisability of in vestors with large in comes placing a sub stantial portion of their funds in tax exempt obligations. Write for our latest recommendations. Hemphill, Noyes & Co. Members Wti 1'o I ,so, . (uur .Franklin Bank Building, Phila. New York Vrunton IloMon Now Yorli. .luh If The !' Iv market seems to he .q thoroughly en tiemliecl in il bulli-li position that the further tension in tin- money market enih in the da) uii without inlluciicc in (linking bullish opetntinns nml the reronls of the din's nuncinc lit- ngulti iti( Imli'il inhumes Hinging from 1 to III points with the gmitist g.nn made in Omnium l'lieitn1. which lose lo 17'). Trie limine of this slink wns bused to n creat extent on an understand ing Unit ii si'ttli meiit nt its win him omits with the l!llti-li is i !i,-i ,it hand hi mils cioups of stniks win- taken up at intetuiK dm me the diij with mi iiupoitant d.'iin.ii-tiiiti..ti in Ohio Cities (!us, that stmk ietlc tins an nil I (ii scil giticinl ih iiviinl, icullitig frnin Cnl.tt bilge of the cxt.iinc de M'lopment work wbiih lias addul " liugil to its oil piodintion The inotiii slinks, f.n a time, wen intuitu: the tiiingi-r' fen Mil e. Clinn dli r Motois mining up 7 'i points to The new Inch morel of 207 i .md K"od gain- were made in Stuili hakct . Stilt and Will ld bind 'i'here was 1111 mi leased di in.inil .il-u for the pitioieiim srnk. nil of tlti.-e isui.s joining in the sliaip upwind inmniinit ill I lie hrs half of the ''Qr m Tlie sliinnins s,,( ks biiaine nioiniiient in Hie atternoon. wlien Mniinc ininniini iidwiiHed 1 noinls to ."'.I nnd tin in i fined lose :'. points 1 Hiulioad -tucks weie in cooil gcmi.il demaiiil in anticipation paMiient of the gmeriuni lit mill bl. due on Tue-il.i The bond nun kit was f.iul mine whin the -tungem in monev was taken into onsidi nit ion lil.irt 1'oinN and Vn tin notes whib in-iippl. found a Rood ilf ilium without t Iiiiiiro fiom icn'iith piev.nliiu. pi n s ll.iil to. id and iiiilusti ml lioinls ,i, -I, ml Clnwo Ailnins l.xp, . . ", ", ",.- Ajax Itiiliber. 1031., loi, 102 Alaska fiold M .'I 2 It Allis-Chiilm t'o DM, IS -IS Am Agr Clicm. MO1";!, 11(1 1 ill Am Iteet Sugar II." HI t j n.-, Ain ('mi (11 j Hilt, lill), Am C A. V Co.llt", norN Hl'4- Am r.odie .i..i:iis ma, iir', i Amer lApress lull, .-,Tfc Am Cotton (HI. til, C,;i Am Hide .V. I, .".7''i :i(l"K do jitef . .1:1314 132', Amer lilt Corp 113''., 110"s Am l.inseed. . . M)V Till', do pic f .. . !l7tj H7'j Am I.oro HI i2'm Am Smelting. . s,c,i . mj Am Smell pf. .KIS 107T, 107TC, Am Sum Toll 1HS ll.'i", IKI's.. lo pief in in ii'i 1, K 1 4 1 lll, t.3' "i :i7'ji 1:121, !). n'J'ii'j 7!l'j K 117';!.. 02 , N Mi's Am Am I'd & Til 104 KM 1 1 104',.. Toli.ir '.'oil 1K!(I 'J"!! I 121. of the SECURITIES CONTINUE FISK TIRE ATTRACTS FORWARD PICE !U' . III'J .11::' , Hi7'1i u; oll'j 1 1.". Ps . ill! list, if 11 -J 111". Ti ::oi , . '-Mil, o !, . i.-,iii , Scarcity of Money Only Thing I Keeping Market Within Normal Bounds i Muck sales t nil.1 on (lie New 1 orK jr(li.inge (ol.iled I.II.Sli.TWl sli.ucs, Persistent Purchases of Issue at Advancing Prices Some New High Records Made .c7rY "yop Bonds That Fit Your Requirements CUBA R. R. CO. 1st Mort. 5's yield about 5.80ro at present price. It is our business to analyse your investment l equip ments and to lccommem! the right bonds. Our in ternational facilities and best judgment aie at jour service. feend for Offjrlni; bhrrt TK .' 1 TheNationalCity Company Corrripondcnt Omrnt in so i r Philadelphia 1421 Che.tmit St. Atlantic City Chalfonte Block 1225 Boardwalk 1 1 New YniK. .Inh 'I 1 lie New 1 orU Ironing ""nil tin iik ml hkw this nf (ei noon is as follows Todai ntarKet cave another nmnrK ible exhibition of undeiljiiie stn iiRth in the f.ue of ImrIi ininioi late- While tlie rapid forwatd p.ue of the firt three hours of tiadins was not (oiitinneil tliroiighnnt the session, mam extensive inH allies were made m the (list linlf. at winch time call lonns held at it pel int .luh 'I I'lonoiini ed New (iih. st i Pimth wis shown in iii.im is-in on (lie llio.nl Stieit Cinb m tmln's find ins. with .mi nniiil.i'ion of i niiinbi r of stolKs fur spi.i, lllni-es pnitint, those isnrs up t n,.u l,j. n.iimls Most interi'st was att.ii bed to the t ind ins in 1'isK Itubher Tne, ulmli m persistentl; bought on n large smb. nd MiiMiiig to :!L" Inti ii initiniMital Rub lar sli,ird ii wi.il. tone. iInlinuiK from (loveriiinetit Am Wool do pi of Am Will Pa pt .VI i. Am Zinc i I.. ".I!' Asso I i (Ids ."o ii Assets It.l-ll Co 1' Am V. A.' I. pief I !!, An.Hond.i ., 7.y Asso (hi Ah hisiin I'.ildwin Ioio do pief It.ilt & (lino.. do pi i t ll.li I ett Co Il.ilopil.is Mm I'.etli St.il do 1! do s p c pi 111 own Shoe Hi kiwi lip do etfs . Itooth Kisli ( ltimis Iln.s Untie &.. Co r; I'lltti l ick Co .",1 lint A. Sup Cp .'!7 !s C.il .1 Aii7oii'i 7.1 C.il lVtriilriiiii ::!i do prof Sl , Cil I'aeknii: Co 71 ' . Can idi.in I Me 170'.." I'u teed I'ioiI. Hi" '111 I 11(1 VV I. . II' J Ceil Till Co .. ii'l" do pief . Cential I. tin do .i(f Cerio ii. ,s, Clinndlei Mot ('lies A. Ohio Chi A Alton Chi lit W .f Chi A X W C U 1 A V l do It p i pf Chi l'neii Ti. Chi It I A. r.n 7 pc pi i f I hilo Coppi i . . 11ST, 117'', .inn'., nun', .-,ii i . I'i's .".'J 's 1r's 111' 71'.. HJ i . Illl!'j 11()"s 107', I.-.', .-,11' , 111 ', 1 N '.Hi MC.l , 1IL' " hi:: L7M LM',1, i'n, 1. -,(!', ."d :rii 71' . .".7'', 7s. i . 7(1'. llil '. lit . II I '-".I's . CI', 1(IS'S 11:1 C. !'j Jti.- r.r,Ts iii'j IN IIT1,-1 lliil'., . .-,::',.; -'li'j ' i 71'' tr.'i 11' 1(17' -IC, .-.ii', 111 ', !l(i (-1 !7's ll'J .. in:: 1 iiin, '.'1'', Net lllsh t.ow Cloe cbe I'nn-Am IVt...K)S',4 10"''1! 10TJilJ& l'rnn II H.... -i.'Ts ",i ; I'enii Senbd Stl 41 -10 A0 , I 'co (ia A. (' Kl'i r.2'i r.'J'i! Vi l'ere Marqiict... IVj H4 do pi lor (iOTs W l'hila Co V2 ', A2 Pullman 1 Cnr.ll!7'j 17 Pitts A. West. 41 40 Mo pref Wl'j Pierce-Arrow. . ".(Pi Pierce Oil '-'! Pitts Conl "a-"1! do pref I'1 Pond Crk Conl. lO'-i Pressed Stl Car 1111- do pref 104 Punta A HiiRiir t.'l'i do rts f''i Kwy Stl SpriiiB HO Hep Motor Co. ii!f, Hay Con Cop... -.-.''s HeadinK 1)1 7d Hciu'k'ii Tjie.. S.-'j Hep Ir A Steel 0!l", Rojal Ilutili ..117", S.naee Anns .. St I. S 1' .... do pief Stli A Southw do pief Seaboard A I.. do prof Seals Roebuck.; Shiittiick Ariz. . JC.'h :i.-.i2 Jl!'4 :i4Ts id 20 jor. 14'j 1.-.IV. II'7. ::i .up. 2'L- 1'., N l -M's M 2 !!l S-S Stl A. Irn 7r1i; Simdnir Oil .. (111'.. So Pacific 100 r's Southern R R ill' . i do pf OS' i j Sludebaker ..110 Stilt. Motor ..100 Sup Sled 4(i'i I Stiom Cut t . . T.7 Ten C A. C w i III', Texas A. Pne. . 07' j Tous Co ....272 Thud Ae R It 21 ToIhk co Plod 107'., do rts 21 'i do pr 100 Tunis Will . .".IP, T St I. West ds 7 I n H.ir A Pap fill I'nion Pacific. i::i"" iiiU mi', n:;', o Im .2(17 , (ill', II l7(t'j 10C. init Allo Sled oil II nit Cik Strh.llMi'. "aU'liit DniK 1 pf .".4 N , do 1st pf rts 's I'nit Food Plod 7l'P, NU'nited I'mit Mil Hi !: 2firK Ii4', 1()',l IR! .. Ill .. 215.1 CO 11 IS I'mted R r Vz I 1 sen do pief S (nil 8.T! r,(l, 2.1 71 !K! lll'i RS4 104 tlit'i 4'., 4"s .-1OI4 2 Hi HO 'j K4Ts OS's Ill's sn 2.1 :t2't, :u'.. !!'', 'JO 20.1 14'j 74 (.:'.'-... 14ss-.s .".O's (is 107 H71, l(i, .Ill's J:i' Olc's 271 21 IIKJi.. 2.'! '.j Kill .10 .1, n.i'4 i:::t .1.1 1112' j .11 "i 7(.'. Kill In pf 112 !!2 A r a.i's a.i'. 71 74 Ai.h i:ic.'.j Ri4 Philadelphia Stocks 24'4-t- Vls 00 " 12 "s 127'j '. 4()-;H !K, k:i',.. r.0'j -k 24 1 72 (, OS 2 ll'Mr1 ,f, in :. 101 ', ca'.j u, r.ii1'4 114 r.s2'H 25Vs 110' U2 84 IISU 11O0s2')s 00 0 2(i',l's a.i'..a',, o "14 10 .. 20 "4 20.-1 2 14','j V-j 74 K 10SU'... ai',',i OS', 4- -14 10S-S "i !I.S'j4-2 40';, . . ,-,(i-h 1 :.', 'i (i(ri 1 271 1 21 1 j 304 '4 IKIi'j , 10(1 ,'.( 1 "1 iruh I.OW in.- Am Strs. a.i a.Tj 20 A H &Ij a" f!7 T. Am (ins. 70 70 ISTm Rrlll .1 (i fll!i 57 l.'ISO Rlec Stor US 0" 210 (Jen Asph SI $ Kl 20(1 do pref. 122 120 100 Jut Agr. 2S 28 10 i c x a. aa aa 200 Inspir C 07 7 10 Key Tel Co pf.. oa r.a luSa.'! I.k S for 2.'! 20 as I.rh Xav. 113 (58 371 Leh Vnl. T.2'4 ni", r, 1, sciuiji 4a 4a 2.1 Miami C 20"s 20 llOMIdvnle. r,!b '.fl 100 Ohio (ins fill W) 442 I'll It II. I" 4.171 4,'I Pa Salt. S2 S2 034 l'hila Co cum pf. I Net chuc Cl0f :MV4 1 :i7 'j 70 -t (It s 117 -1 81 120 2S X aa 1 (57 74 na . . 2.", 2 e.s r.2 . . is 2 20 r.0;8l C!l 1 4,1?'i ns 82 .. .W4 Vi 2.1 V 21).. 08 a", . . ao 4- 158 . . ao 710 Phil Rlcr 2.1 2.r's ISO P It '1' tc 2!) 20 100 Ph Tract OS' . 0S 182.1 Ton Pel !IH '"! .1.1 1,'n Trad ail1.- Wi 1.1.1 U(i 1... OS OS -mi r s sti na'-s ii2-i 10 West inch .10 "! 120 W Cin'p 171 170 Tout .ale.. L-.1 40J ,hare(.. compB-M with I1.HS-. hnr,- vpulerilay. mus ini i. 111 Ii,'. hari"i, fume perloa 44(,7 M.r.s n0NI)t) INTEREST ON LOCAL 'CHANGE CENTERS IN BRILL SHARES Further Gains Arc Made by Car Company's Issues Cramps Continues to Move Upward Market, Generally, Steady A further nihnnre In the price of the J. 0. Ilrlll Company Blinres and ft Bain in Cramp HhlpluilldliiB, which raised it to n new- IiIrIi for the yenr, were about the only ocriiriencoH on the local cxcliatiRC which made the session more than extremely ordinary. The opculiiR price on Drills was .17, an overnight gain of 4 points. Within the first hour the quotation had risen to 014, or a gain of 8--1, points, ns com pared with last night's close, and a gain on the present movement of 1414 points. C ommentlng on the sudden ndvanco in the price of the stock, brokers observed that it sold up to 70 in 1111.1 and to D.1 in 1011 and that the small amount of the floating supply of the stock made It an eay matter to advance the quotation. Ihc preferred sold lost May at flo, later falling back to 78, and late last month sold here at 82. 1 ?n"ipr Io'i issues were steady. Lake Superior came out for more than lti.000 shares and niiide a gain of 2 points. T'nlon Traction was up a half on an odd-lot transaction and l'cnnsjliania Railroad moed up on a smnll sale. A snlo of 510,000 Lake Superior income lis. at 08. attracted interest In the bond section of the market. Otherwise this department of the exchange was uninteresting. ii!) 174 1 5 last week. Close Vet chge, (in 1 j 0. fin .1" 101 .14 1111 101 101 ' ::n', ii", id 1 '. k( 11 it i if ihl tli 111 ' ! w .thin inn 111.1 1 Investment I Suggestions ha Just prepare! a rtreulat Dating 78 attractla bond offerings. Includlni 25 Municipals 10 Railroads 15 Public Utilities 6 Industrials 11 Foreign 11 Short Term Th rate, maturity. Price and yield of these bonds are Indicated as well as their tax-exempt """ .""ti of the bonds are legal Investments for Savlnes Uanlts and Trust Funds rf for a complimentary coptf 0 (Ms circular, Na. 1.-6. A. B. Leach & Co., Inc. 115 South Fourth Street We take pleasure in an nouncing that Mr. Arthur J. Hicks f has become associated with our Philadelphia office. A. D. CONVERSE & CO. Commercial Truat Building . Philadelphia llaltlmore Marylund Trust Hide. w Vork 5 Nassau M. v- ? Wanted Broker with clientele to under Vrlle or handle a ?200,000 issue oi bonds and preferred stock. ' Box C 121, Ledger Office. for mixed mll.itni.il The 11 i.iip( was appuri nth tlm Inch Ki pt the 111,11 Ui'l llOIIIIlls This wiis tin1 nnl f.iclnr innsideicil M the tiading (hiiient ns piieiniiiR tlie 11 n ciliatc (i.iiisc of price. et prn c .nliiln cil Iipi misn the intc wii icijarilcil as nrtitiiinl in 'nine iiuiilcis, n till. f' 1 flu1! Iiraausp it m lonkeil upon ns cnl tPinpni ir Sn cotitiilonth hiillish ttcic mnn timlnis tlim were m11iiik to I m 11 mn i.irriini; 1 nurses, iciun; on1 1 nun li higher in.iikrl in wliiili to ills in'-e of their liiiMinss While leinlins ' loininissinii houses tempeieil Imllisli 1 inniket (oiniiK nls nihiMHK innseiMi- ' tism nt this stnge. the stiei't ccnci iill. lefnseil to IiiiiIrc from its 1 nnstmi tne attitude. Tr.Hliiig stinted ofT with 1 oncentiated tninjr of the r.nU. 111 incipnlli, the low -I priced pinpi itn-s. Deinnr" mid Itin idninde piefemd went to a new lngii hgurp fin the en- while St l.nin Snn rruni ism and .Mi.miri I'm ific ad j (led 1 onsiileiahh to their in.eiit gums 1 ICaiiaduii I'milir sold up !l points nnd u- 11. e slriMiesi 01 ine sianil.iifl is sum Many of the impoitant mncs erc mnde h stncki which have heen holding in the ba( kcrnnnil I'lm tiintions were In no means umfnim and slmrp spmts were made here and theie tlin.iieliniit thci list in tather hewildeiinR fashion. I t one time the shippine cionp was proininont. .Marine common coin; through its former high to ,"!l, for a 1 I point gam The prcfcircd also mined up scleral points. Atlantic (iulf and 1 1 nited Fruit went ahend casilv. To j hnccn shares were again Mgornush bought, United Cigar Stores rising iioiej than six points to a new high. Other pai tictilarly bright epots were Inter 1 national Agricultural, N'-itli.nnl Lead ! (lenpral Klectiic, American Interna I tloiial. White .Motor and Sinage Amis ' (ioodrich acted the licst of the tire stocks, making n new- high Intheearlj aftcrno .n 111I1 iest shifted fiom I'an-Amerii an I" 'earn which had been tlie lenilei M nils, into. ijino uies tins anil tins stock was pushed into new hii.li gioiiiid under large buying orders The steel shales and niiiin other 10 cent Ieadeis were subjdtcd to lonsjder able pressuie at times, but reessuns here were not important Itipoits of conditions in the in.n sti el and (oppei mnrkets (ontinued icn f.iwuablc Au gust copper was quoted at twint) cents this inoriiing, fultilling piediitions made boine time ngn bj leading authorities. The lion Age in its weekh review states thut June sales of pig iron in ih case of some furnaces equalled the total for several pr reding months. It stntci further that the withholding f rail road Imjing is hurting the railroads more than the steel mills The j;o eminent ciop report showing condition as of July 1 was altogether favorable, although showing some de terioration. Call money dropped back ( 'III, II, ( 'llll ( 'ill. -! to ! Sweits Comp.inv of America ',,tt iv.oih . was ngniii sluing selling t si, to !!', Col I'nel I The lohiiico simks inniiiliiiiicd a C"1!s i. I'lc nromtni nt 01. itif.n 1 1,1, ...1 l1. ,...1 s-.... mi an I " 1. ..''I l.iiuiltllllis t , .. . ,i,u, ".1. ... ,.s , 1,,.. ,,..,' ni riiiiliuts. .......... ,MK ., , ,1.S 111 .,-. lion 1 1 1 1 J I 1 1 1 Moms nd, lined l'i points to the new high inn id of 111 I In ,in 1 n 1 fened was strnd.1. selling at L'll to 21 The (oinmoii stoi k solil .,t ,;is ( ,- t S.nnld Tne w.is stioug. sellnur nt .jll'.j The m rk Siuo'd sold .it .".:!' and Ohio Snold at .'tl1., to .",'' The ml stm It were n tegular Cos den was agiin in dimand nt 117S and 11! TIkic wis uiiewid Inning nt Sin , 1 1 Consolid iinl. whnli ranged funn (,J', to CI Siniliii Cull sold .11 .".s'j to .".s , Tunis Ciiniiiidital was stiad with snles at I" ', to I" 'i . .Mirioni of Aim 1 11 n sold on .1 fniil luge si. (I, at i, nnd ll'j. Sinn is I'e- 10I1 11111 sold .it .'.1 and :',1 ' 1 . 1 Altai I osips sold at 11! and 11' tj nnd 1 hut. in Wnglit at ,",lii',. South Is ' i;i, !IT'. HI', Cons I C M ls r i- r .; si i. it 7:1 . ('till ll.Ie Slnl .111. Cuba in Sugar im I Ken .K. It li p,f I". ' Konie lincs . 1:',"; KululhSS ,V A 11 I'ii( .sou ISr.ml :',7 ' i:ik 11 Cull ::!n ,.i,ii-i .a : Ann 1 11 to llll 111 IT.itiiiunt Hinged fiom IP IMIl sTUIM.S Xi... r I Mr IC 1 ,11 11I1 ir ( . 1 . r 1 1 nl..n 11 1 XI I Kl r Ml llrl I1 I" 1 ..I I n A. I ilj .fil S!.. Tnol M ,lrs Motors ( 1 .ilm 1 h ir Uinn 1 urilwi rnptnno I m 1- n Phi.ni;rr nh ll I sK,,,, Hupp Met iri hit r Pi 1 Pirts Int. r Km In r I ak, Tnrp Unit I.h h I 011 1 sales . I ih.. Ali-S S. I.llibi Mmi lto MhN n I'Hrr Maxim Munltlnni 1 shinuullilliii nr Am. r Papr Pulp utis Illiintnr Pn rleis 1nlor IVrriitkm T It Philip Mnrri" . Poole HrK snoiil V V SanW llhlP Scripps llonth stanilaril Motors Wt-1 AUnss Suhmarlna Sulft Int . Trnt 1 shiiibullfllnu TrPtnule Film I'nltnl MotorH 1'n.leit Profit Shnr'nK I . steflmhll) Wurl.l I'llm Wright JLirlln Air IS 1 IJ'n 14 I." ' I in ', , 111-. I In J".o lit". Ill :. ii. es -ll 1-". 1 1 .'..I I - loo llj 10' .-111. 17.-. Is 11 '. i:n.ii .1 Kl le . . do 1st pief r.llll l'l.nels r.d m vS. sm l'uepoit Te , (iiisiou Wins r.d Mining pf 1 (,"ti Cig.ii Co. den i:iei Co Udi Motois I do 1I1I1 . do pief C.iodiiih I! r. dt Ninth pf.. , do ( lie subs . liieetie I'll Cup , Cult States Stl 'Haskell .S. Ilkr ill is' .",11' 11 I i; .. 1 , " . ' s i:;'., l"s I7:!'j 1" .!)'. N'll". ii.: 1 ; j')i. 70'.. MP, 1'7' . nt hi' .-.1 -, i',:t's 117 SI. I, i' 71 1 1 1! '.'. .Hill i::'s 10 ::7 1, :;:i ii'1. lS's .",11 111" . Ki .71 :!!', IT7s Si's 1CS l",(l'i Vl's !l".ls S7 -! '. 701, Ml', ll i I 1 s I 1, 1', 1 "': '.' I -.1 on 1. I'. 1 I'j ?"' ii 11- leu, 'i Ms 1". ,V' .Mi ' I .11 .'.it -vr- 1L'.' I !l"s ! i.l 1 j .IC's .111 11'.. IP, 71 71 71 t'i.1 Illinois Cent.. 10(1 !H. Int Agnelli "'J 1!S' , do pief .... M7 M! 1, Inspir Copper. (17 0(1 ls Inteili Colls Cp 77s 7'j do pief . . . US', i!S Int 11 C (new I 1 ll'.7s H.I1, Int Mer Mai me .VI .11'x I do pief ....Il!l'', 1177, Inti 1 ul Paper. . I,s7s l',7''i do pief sta. . 70 70 , int Xnkii .".'J' 1 ::n, 1 lones Ilios. . . o7'4 !17 1 Kan Cit Sou.. IV." , I!".', 'Kan Cil So pi .1.1' j .".', Ill' 2 r.-J 1 0l's '"s !I7 7s I'll i. I's l 's ul'j ll 1111 :: :t'i'"'; 1.1 i' 1. Ill's 7, 11 fl .tp, 1, ::ii 1, set's is',.. :',ni, '', n.-i',- ', in . .id -i. ::.i7s '. i'i7s ' sl7s f- '. 171",. IMC ',-t ' Ml I . . !l",'s. S7"', ll.l7, ' .ii'sr- 41 U 1, 71 v 71 U 1(1(1 '' :-i 4'1 sm ,:; 07'4l . S. IliihliPi S S .Ul do pf . S Steel .. do pf ... I tali Coppci . I tuh See Corp. Va-Car Cheiii . Va I C iS. C .. Wabash do pf A W'pst Mm laud do Hd pref. . West Tne ... West Vn Tel.. Wistghse A It. i::o O'l'-s .11) 1KIV- 1SV, ss 1 ill 11 .TIP , H .Tot . -.IK, Ml 131! (i'l's .1(1 111", nc.'s Ul!", IS4 Ml'Js ('.!) 10 ''S 3.TN ID 1!!) '. 'JII'T SO f 1 W A 7C.H , 101 ak :ti' . . :.v... 74 .. 1."..-. x V.VM'. i'j S2000 Am Cas & r.i .".s 0.1SS i:i vs I 'CO Td 4s . 10.100 Lake Sup ine .Is 'J000 I.eh Vnl gep 4s. 4000 Lib llond 1th l"is 11000 I'htln Co 1st .Is.. 100 7,100 1'lnl Kl(c r.s .1000 Heading gen 1 10000 l'n K In .Is . (1.1 (:: 83 . CO 1, IK1 DIVIDENDS DECLARED . r.on'n'l'lstlon C'oul Company, auartcrly of KrSrdajSS"S-. I"'Rb"! JU'y 31 ,0 of,i?Sr7n;."K,iiy..w,'!'lor,;f record July 10 " olu"-K OI lloulrn's (.'unilmscd Jlllk Company. .ml Hnnunl of I prr cent on common, paiable Aueust IS. and qllarterlj of 14 per cent on preferred, pajable ISeptembcr 15 and lie. ceniuer In V V H'oolnorth Company nuarterlr of 2 on common, pavable September 1 to slock of record AliKUSt 11 Pacific Coast Company, Quarterly of l'i per sj-nt on flrst preferred 1 per cent oil so; ond preferred and per cent on . ommon all paiablo Auenm 1 to stock ot record iiiuiiiuin ,u. nna i;iectr c. ciuarterly of "riLord Julj 31 "L iJ lo "locK ot NEW YORK COFFEE MARKET New 'York, July 0. Uuying this morning was encouraged by an advance in the Illo spot market and the firmness of the local spot (situation late yester day. Actual t'offee is reported scarce and prices are working higher, although the demand at the moment is said to be light, loasters lefuslDg to pay present price levels. July Sept Oct Dec March May 2.' a jj on 21 00 High L1 70 LM 00 T.OW Ji 70 U.1 3"i Close 2A 14 J2 Bn 1!!' 8 I 911 22 mi 1 no 22. 4T 1 S.'i 22.42 Teat clOSe 22 411 22 to 21 N", 2t n; 2l.n- !H'J4 Ol.'Jl 04 100 100 0.1 07 RiVi - I !1 .01! I 07 s:?'i !" sy'i.. 77 1 Pondi J.'.o a" terdai llni" f..r prrlod lJ5t uieK compire.l with .W ".do " llila ween. 1HS 1S am. JJt 0U1 L Local Did and Asked Toil S 00H 1 .10 !.. HI!1, "s, 11(1' ., :'s 1 111,1 :ii UJ t.ll'i 71 . r.l'a 17.1 HI,1! MlVj 121 111 Ak 112'j III ", hleril 1 lll.l s.l Mfg. 1, 1: llM's 11!1 H!l'. A estghse Wheel & do pief White Motois. Will.s-(eilil. do pief WiNon Co .. do pref Wis Centinl... Woolworth . . . Worth 1' i. M .101 ll''ls 1!.'! ' . 7.1'.. HSt; 07 101! 101', .".!li . .IS 11 l'.'P . (.ill, ::c 07 11101 101 ',i :si)i 1 1 . .'.1 "',' Tt's an :i7 2I !". i 1U 311 I12 n 'It ISO 1.7 SI 122 14'n 17 2S !.-,' 2'."n 4J I.1 '17 'a 21.', III1. 1 l'i 3ll' 113 111 32 .1'. 112'- -,.! 71', M': Id'. l.7'i .11, 11 1 r,.Pi Amerkdii stoic llalihilu I.." u Ilrlll J (J Hull & mi-si . do prf f Cramp II ' tfs Klectrlc Slorane 1O.ner.1l pph.lt lo Pief I Kiloni 1e ,lo pref , ... I I . I 1." .-U,' 1 111' '- - .1 Lehloh Sav ISI'i ' I.ehU'h .il s 1 , I l.ehleh .1 Tr Ml., I j I do pref l,( U-1 I Penl 11 H H "J 1 I Phil 1 He. irk 11 ', PI1II.1 ( ..--, 1 a do "PC rref 'h ,lo 11 L pref i:i:k 1 I f T tr ctfs "01 1 Ileadlna ' s ' Tnnonah He lj.11 ,'J' . ronoiuh Mln r,. " t'nlnii TrHitlon V.I . 1 i- el 1 . I- S s.eel Vrtrl If VI .1S' l.j 1 ,1, pr. f I'Ji' REACTION IN COTTON I"s riMiiiriiTiirnrirnnnT uin wtrtintix KtruKi un H'i r. 1 Jll'4 els", -.Is. 14 2'l 4-.'. 2'. 4t'S 3D a.itj 211 111 v, 3n 117 112'4 l 31 17" " lls SI 122 141 l,0 17 2S 4-1, '.-' 42"n 32 37 211', til' 1 :t. 3 '.j 31. Va I.S tn'j in 32 dimimmmmiiiimiiimiiiiimiiiiiiiimmiimMiMiiiiimiimiiiimiiiiiiiiimiiul I It's easy to 1 increase your income .- !ut as'c'e a definite part of your salary every month. ou'll be surprised how soon you'll have enough to buy Kood bonds. Each bond you buy brings in more in 3 come gets you further on the road to wealth. West & Co. bonds are safe and high yielding. They can be bought, if you wish, so that a coupon conies due sr every month. 5 Write us about it? I West & Oo. E 1417 CHESTNUT STREET i,mL 1 New York Stoek Elehnre M.mber. trhlladelDLm Stock Exchkur. niiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiimiiiiiiiiiiiiiiiiiiiiiimii" :is 07 1017s 101',, Hi 1.. r ITJij l.'i'J'S, l.",'J's S4 S.5 bli Toti.1 Sdl.s irport'il on tlif N .TU pto. k lido r 1 .Mil 7011 nharOH, 1 nnipan .1 with I Liu.' 2ii sh.r.s est,rud iniiii nr inis Undertone Stiffens in Late Aft ernoon Close Is Firm at Net Advances WE WANT CONTRACTORS, BUILDERS, MILL and factory supeilntendents and all users of paint to know "ZEMENTINE" the perfect miter paint for all solid inside surfaces plain and decorative. It is much cheaper than other paint, both In first coHt and final coBt. It makes n first-clu?s, durable Job It is easy to mix, easy to apply by hand or npr.ilmj machine and Kie a film. hard, lasting finish that does not flake, scale or rub off. In vhlto and colors by the barrel, 7c lb.; Mnallei lets, 8c lb "Ztl.MnNTINIl" has been In use for oer 25 years Specify It. 2 lb. Carton At Dealers 20c Carton Bell: Pop. 2133 JOHN C. OETERS, Mfr. 1242 N. 31st St. Key tone: Race 2S4S V.x Jones -. 1 IJ J Mil ilUiden.l Urntht ri hh.ris Frfine perlol Ut New York Ceniriil. I'ii New York Bonds TV. '-" - 1 1 H.-.i, 1 ns.' .:, . mo "1! " c, - ', 70 f 1 . .".I's.. :i7 l ' . J-:,1 '( Salee In JlOdU lllch I . . I e .TJII Anul-i-l'i .".s.. 07', 07 07 :i().i Am for See .".s H7"i 07',i 07' 1 02 I.ilieit l'.d :.t .s 00 42 00 HO Oil HO 21 (in rv is 0:1.70 in 00 o:t.c,o ii dci'iM 4s !ii.:io'.i4.:!o oi.::o :is do 4'4s .... ll."i.ftS !)." 02 or, 02 .-. (lo 1st 4'js... II.-..2C. II.". 1 I Or. 1 1 UK) do 2,1 l",s... Ill 2101 10H4 111 S.-.C, do 1th 4",s.. 114.2(1 ill. Ill 01 IS 120 Vic Note 0,s . IIO.'.IS '.111 !IC. Il'.l !)(! asa do :t,s 100,02 00 :m on :to .-. f'ity n'f Tans lis. U" 07 ' 07', .", 1' K of (1 II & 1 T.i'.s new 101! 00's 'I07s :tr. dn .".'iis 1021 osk !i7. os's an do ,-'.h io:i7.. OS', os sis No Ynrll. .llll 0 1'nrtlinr gnoil Rains eie niiide in the cottim inaiUet 'tenia, altlioucli tlieie as 11 le.ution after (lie puliliiiitii.il cif the wecUj weather leport, liich as lnnKed upon as the Lest of the seasi.n sn far. The short side. Ii(iccr, as nn pcpiilar. and iiotitstniidini; repents of 1111 easier basis in the south, the under tone stiffened in tlie afternoon, when selling was limited piiiicipiillj to piolit takinR. I.heipool continued to fuinisli Imj -ine ordcis, mid iiininliicnt Wall stieet opeiatois eii said to lime been large pin dingers on the rise. The inaiket closed hi in at an uct ad .ui(e of (!U(T( SO points,. Ytst Toilio I ERNST & ERNST TAX SERVICE AUDITS and SYSTEMS PHILADELPHIA 2023-2024- LAND TITLE BUILDING. Tcjephone-Locust 2681 NEW YORK PITTSBURGH TOLEDO HOUSTON BOSTON ST. LOUIS CINCINNATI DALLAS BUFFALO CHICAGO CLEVELAND DETROIT MINNEAPOLIS WASHINGTON Spsiiciii i:u', i:ti-', 1:12 1, f is m 40 1, KH, U!IT, 117'j so .".ll s :i' Illinois Ohio Prnrle s n c s o " SON STMllll Oll.s is-, ri7- Plpe .L'nn 741. 1.1 4' 1!.n .".sj .'(.-. 1s- IMII.I'KMIKM III. 717 .ISO Com. S l'ref. 1. a.i.m n.i Jb Klec. A-. ?!.. rlerrl.. Com.. r t . D.b. fstt Crew Ilrk t 8.31 , 8outh ritthnrU Wtr S. 10SS ; MCowitC0L f&tt 01M Land Titla BUg. K.cU 411 LAWYER discharged army officer, cannot , Uke time to regain practice, desires bu!na position. Age Tj iU of k?.' jcrAduate. Exne- mJ ttri WuctVAe unA 0v1u.11. ?BL.""LZT"V ?7y"7:Z.r x Mien Oil llOBIon U'lf. Oil ( 'o.l en A C'o Ilk lUFln Inter Telrol Nlan.l oil t, T (llenrnek Oil llnu'ton Oil Aterr.lt OH Met retn.l Sapulpa lief Sequonh O I Sinclair HmrUIr KouthweHt Oil United Oil lis 120 . 27 (.), 21 1. 3(1 7. "IVj 27 J4 J'. ("1 r.i an 1'. 117. 1.1, '-'7, .')' (I2'i 30 AI(kH H C IK l,elKe Hulte New York I Ilonlim Mont ( r r . Jerome MISIMi hTdCKS, 11 to 5 per cent in the last half hour, tlio 'r". Clonal lowest figure of the ppk. This caused Fortun Con some further liardeiiinK of prices nml ' J new siiecialties were taken in huml. (loMtieM Ke. TI.UL..II nn,l llrll- VOK one f Hiovo I (loldfleM Jlerifr uttBftc" ."" . . . Jtl.Oreen M Kelling up about . points The How (if gold from the routitry enntintied with witlidrnuals from tlie Biibtreaisury toduy ninountlng to S.'t,ll7."i, 000. Foreign exrliange improved some whtt, sterling and francs ralljing 1 and a points, respectively. New high prices were made by corn and oats. Cotton was, firm and quiet. BAR SILVER Commercial bar sliver was quoted Jn Nw York todui' at 51,00 no ounce, a reen Monster He, la .Mlnins Howe Snui.l Indepenitenie I.ea. Jerome Verde Jim Butler lumbrt UxlenMon MrKlnley Darrajh Maxma. Copper Mother Ioda . . National Tin . . . Nevada Hill' Neada Wonder . NrplnnInK Ray Hercules San Toy Tonopah Kxtenalon United Verde Wet Und Con White Caps , ,, . IN ' 83 ; is 4(1 14 SO .1 a s 4 nrlhlehein ti nj in B0 42 41 4 . .1 . 10 2'i 7 . . Hi 110NI1K ri'ti '"17 l'i '' . 50 IS III. .1 0 ' s 12 -. 4S 4.', 4'4 (1 a 0 li 10 1A 17 8 14 32 11 (11 45 Ki iiiii'ciitt Kc.-t,' T S. l.i.'K Stcl . . 01 l.m li'ilc (.as ..1 1 l.aKe lliir S. W 11 l.i high Valle . r.2' I.... K11I1 A. Ti I'.li'i 1 V His Co 70'.. do 2d pf .... 2.- ! l.orlllHrd, I' 20.-, ! Louis & Nash 121 M.inlitit Shiit . Ill Maxwell Motm . "i." dn 1st pref. . 70 do 2d pi.f. 12 Mil Dept Ktis Kis' Mex 1'etrol . .1!M, iMimni Con Cpi 2s7A Midvnle Steel.. r.!CV4 ,M . St I. new lO'j M K S. T . I do pref . . . Missouii l'ac. 1 do pief ... 1 Mont I'ocr do pref . . Nut Acme . Nat Con S. C. 22 Vj Nnt Hiscuit....l2S's Nnt Clouli S. S fill Not Knani s S ROVs do pief ... .102 Nntionnl Lend. 81 N II Ilof.M2d pf S'li Nevada Con C W N Y Air ItrnKc 12(1 N Y Cent.... M "1 X Y C & St I. 112 do 2d prof . (i!i'i X Y Dock llll x yn 11 & 11. :i:i .tiorl & West North Ameii . Northern l'ac Novo Scotia S OUaV & it...' Ohio (las ..,. Ontario Hijver, Owent Ilot,., Pacific. Poast. 11 .-.2 :i.-i 70 2.". 10s 121 si -l'i 'V, llond IP S12.O0H rompareit with Sll 1 m 20n esterda thua far thin uiK $31 S,'H 2lll. name period laet wek JJ1 0..1 c 1 lone open lllsh l.mv clone Jul .11 SO .11 Mil 114 48 .11 si. 31 4t cut 34 e,n .11 CI" .11 21 tin-. 34 2J Dee '14 1 31,". 4 111 .11"'. 34 17 f,n 3130 3310 '14 cm '13111 33 'IK Vhriti . 33 OS 33 21 VI Ml 3122 13 74 Mas 32 117 33 21 3172 33 23 3 J 05 . 10 '4 . 20 'i (! . 77 ''s 104 . 40 rill 10 i!i:i7s 2S'" .-SI', lS';s 10 10Vi :i7V. 77:Ki 101 afi'ii 22 411' 117'. sis .-,!',- 11 .. .-.2", 7ll'j.. ir, . . 202 S 121 ls '11 '.-.-.21 ..1 7s 2i; :to"si'', ios "n inn.ii, 2Si,.. .-in, 2'.. lfH'j tc, 10 .. V)'i 1', :i7 1.... '.s . . " li 101 -fl LARGE CROPS FORECAST Meat Production Prospects Heavily Cut as Result of Plant Diseases Washington, July J). Wheat pro duction prospects were cut into heavilj as a lesult of plant diseases and other (onditions during June and n loss of 7." 000,000 biiHhelH from the June 1 es timates was indicated todaj in the Department of Agriculture's Jul fnre (ast, wlikh placed the output nt 1,101, (100,000 bushels. Winter wheat showed it lus of .'4,000,000 husliels nnd spiiug MONEY-LENDING RATES NKW YOHK Monej on call, mined ccillatcial. opened at I) per (cut; high, 0, low. ." : lust, 11; dosed, Offil.'j; rul ing rnte. 7 per cent. Iiidusti nils opened tit 10 per c cut ; high. 10 : last, 7 ; closed, (1 ' j Iff 7; ruling late, 7 per cent. Time money was ipiiet today with intes unchanged, (I per cent being hid for nil maturities. There was only a coinparntiely small amount of fresh lonns made and the le- newnl rnte was 0 per tent, the Mime us of jesterday. v Ac(cptance bills weie uui linngeil nt 4rj,4 5-10 per cent. PHIIiAnELl'lHA Call, .r."4 per' L I innnnnmK m iigggnBiisaicnEansasEixxiaaKnasaaHBiiicKiaBaawsnnwa tlNSURsANC.E Is Your House Fully Insured? YOU never know how valuable your home is until disastrous fire makes replacement necessary. That is the time when you appreciate an insurance policy which literally covers EVERYTHING. Let us reappraise your property and dis cuss the right kind of policy with you. Harris J.Latta PENNSYLVANIA DLDG. PHILADELPHLA. wheat 21,000,000 bushels. The winter 'rent; time, ri'ftiUU per cent; coiiuner wheat nop, nevertheless, will be thclcinl paper, three to six months, fiViCS largest cer grown. .Vi per cent, aud six months, 0 per Corn production was forecast at 2,- cent. 81.-1,000,000 bushels, 132,000,000 bush-! els larger than last year's crop. The' FOREIGN EXCHANGE Is -I.- per ceiii icss mail last 221, VIVA 12Sis Ts 81 SSijD.. so f,oy.ii, 102 102 Vj 82 MVh A Wj S'j V, in uir, . . 12.VK 12(1 H4 W)i. WH llj :i2), .tjt,.. Il!li, 00 V4 . . acietigc j ear s. Tobacco, with a production foiecnst of 1 .4.-.:i,000,000 poundsi will be n leioid crop. Y hitu potutoes piodue- tion will be smaller than last year, but sweet potatoe crop promises to be u lecord one. The oats crop Is slightly smaller than last j ear, but larger than the five jear acreage. .108- r.7 . im, 8.-1 nv, 01 m. 8 r.7U j?i :to :ii) iv :i2-y, 107 107 r.74 oo H 8.') 11 8 rVA ;i 57 V4 04 8,' . . U4 Vh 1 3 8 .. 3194 -f Vi LOCAL MINING STOCKS TONOPAH STOCKS Hid llm Puller 21 MarNamara "I Midway 3 MIzpAh Kxtenslon 07 Montana 17 North Htar , "s Itcuiuo Eula !., West End l'i UOLDFIEI.D STOCKS Atliinla 01 lllue Hull 01 llooth ? rilamondne d It 11 5 Daliy 01 Kewanaa t t3 oro ,,..,., .,M. .. ,ni Hllr Pklt .,,,.,,. ( ,0" SnearheacI , , ... ... ,-! " MISCPUANBOUa. v Arizona 1Tnltf.it ..i....,,, .22 Ak 31 sn .38 .01 'Jll til JO 04 C3 111 0 01 01 01 .07 .09 ,3S M , New York, July 0. The market for foreign exchange this morning was somewhat unsettled and the quotation? were ns follows. Demand sterling, 1.47rlsi cables, 4.48; franc checks, (1.1U; cubles, 0.80; llie checks, 8.42; (nbles, 8.40; pesetns checks. 10.4(1; cables. 10.53; Stockholm checks, 21.S0; cables, 2."; Christlanla checks, 24.20; cables, 24.40; Copenhagen checks, win etthles. 23.0.1, The mnrket at the beginning of the J afternoon was nriner, wmi sterling, finncs and lire showing n steadier tone. Quotation follow: Deniuud hterliug, 4 48V4, cables 4.4UV4 franc checks 0.84, cables 4.80; lire checks 8.35, cables 8 37 pesetas checkiTll.40, cables 10.53 j Stockholm cheeks 24.85, cables 25.03; Chrlstiania checks 21.20, cables 24.40, nnd Copenhagen checks 22.85, cables 23.05. BANK CLEARINGS lank c'earlnM today compared with cor-r-wP ,'" ,wtf&" t NOTICE fi It has como to our notice that V one, 13. D. Jacobs, is operating 6 in Philadelphia and represent ing himself as our? agent. We desire to notify the public that Mr. Jacobs Is not notv, nor ver has been,an agent or employe ot ours, nor has he eer been connected with us In any way; ond further, he has no authority to solicit or receho business, in our behalf. The public are warned against paying him any money upon his representations that he Is connected In any way with our ttrm. F. C. SUTHERLAND & CO. RTOCK UltOKHIlH 12 King Street, East Toronto, Canada """ .... ......, ..MM.,,, , ,.M J A Large Chemical Manufacturing Co. located in Philadelphia, desires to receive proposals for the use of a considerable part of its plant, left idle by the' cessation of munition manufacture. A large re search, engineering and production organization, ex perienced particularly in the field of organic chemistry, is available. We icIU be particularly glad to co-operate with those who have a sale organization in this district and who desire their product Jo ,be fnanutacturedllocallu. Box C Jt, Ledger QMcq, - , . , t, -r ,,' ii . - ,i- .i.-.J m., i "nl j(liUe';-W OBecent. Jn IiiJou thej ji .VfV, lM$tt", v" Huaflan artfsUU.., 30.1 1 W164- 4iNvad Wondsr. ;.;-,:..,... . TsFB ri;p.iitM tf'f'rt''"v & wmmtwmw .l..lltWM1l"'H4.MH..m.M.llimJ(J( ,; IWH.HMH..,tI..U..fMMIW (9utU6r. t ejlf WKfv-"4- .v.T dll ;ji r MMif li V M: 'M: A.JPiL ftv -s. iVK, : ai (A 1 . 4J , & : 1 r.- r 7j t.J.14 r? ti JiiAj j, .v- Y&ii?iam ..itJ 4-,".