n3MX&&
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16
EVENING PUBLIC LEDGER-PHILADELPHIA; 'SATURDAY, AUGUST '$, 1919
i
xt
.j
y
TO TUB HOLDERS OF
CITIES FUEL
lb POWER COMPANY
Two-Year 7,
Secured Gold Notes
fc
FINANCIAL NEWS CLOSING NETr YORK AND PHILADELPHIA STOCK QUOTATIONS
Dated. December 1st. 1817.
Fnponli are Invited to be. mads to
sSMtkera Trust Company, 18 Wall Street,
't" between Cities Fuel & Power Company
raid Trustee, securing tne above notes
th sale, on September 1st, 1910, to the
i..TWt. lor the account of the alnklnit fund
Mfevldad fni In M Indenture, nf notes of
JM Issue at rrlces not to exceed 102H of
Min T. pnncipa.1 01 earn noiss plus accruru
interest thereon to September let. 1010 On
er before September 1st, 1010, this Company
will deposit, or there will be available, with
the Trustee, the sum of Thiee Hundred Dev-enty-two
Thousand Three Hundred Twenty
84-100 Dollars (1372,320 S4) and It Is the
intention of said Trustee, pursuant to the
provisions of such Indenture, to apply the
fund bo to be received to the purchase or
redemption of notes of said Issue at not to
exceed the price above mentioned
aii proposals snouid no acureiy seauea
and marked "Proposals for sale of notes to
ainVInr fund under Indenture of Cities Fuel I
4 Power Company dated December let I
MIT.' must be for all or any part of the i
notes offered, and must be received by said i
Trustee, at Its Trust Department, at or prior
to three o'clock p. m. on njrut SSnd, 1010 i
Advices as to notes accepted will be mailed
on or before August 23rd 1010 by Banker" ,
Trust Company Tnnt
Federal Income Tai ownership certlfl
cates, covering accrued In'erest, should ac
comrisnv all accepted notes. '
.CITIES FUKt. & POWER roMPAXT.
By TFBXSK W I'RUnAl'FF I
. . Vice President
Dated. Auiruxt 0th 1010
CLOSING PRICES ARE HIGHEST
OF DA Y ONNEWYORK 'CHANGE
Early Supply of Stocks Is Quickly Exhausted, Causing
Increased Uneasiness Among Bears Efforts at Reaction Fail
High Points in Today's Financial Nctvs
The trencl of prices on the New Yolk exchange was toward higher
prices with rails and, industrials showing special strength. The local
market showed a fair degree of activity with prices advancing. Trade
on the Curb was in moderate volume. In the maiket for foreign
exchange thero was further improvement in francs and sterling.
Offers are scarce in the corn pit. Cotton was steady. Bar silver was
higher in New York and London.
NEW YORK STOCK SALES
Adnmi Ip . .
Adv Rumcly . .
Adv Rum pf . .
Hlnh
4.1
42(,
"0
Net
Low Close che
41 43!43'S4i
40 42 2M.
com. or y4
Ajax Rubber .10314 102 V4 103 Vj1-
2V4 2
.10 30 1
ni'4 oiy.,
102 103 1
S57C 85V. 3
1101
r22u.
103 103 . .
ACCOUNTANT
OPEN FOR ENGAGEMENT
Executive with industrial and
public accounting experience in
financing, costs and systematiz
ing, wishes to connect with prin
cipals where successive selection,
5 training and direction of men
and women and production, of
prompt and reliable accounting
records, will be appreciated. A
live wire, youthful, good ad
dress and high standing in the
business world. What can I do
for you? C 335, Ledger Office.
FINANCIAL
New ork. Auk '.' Tho defeat of the aggressive beats who have been
endeavoring to force a general downward movement Unco the beginning of
the week became- more pronounced with the progress with trading todn.v.
At first n trong tone was shown as the icsult of general bujing by
small commission houses, ind the absorption bj this element quickly ex
hausted the supplj and caused increased uneasiness nniong the bears. Some
efforts were made bv them to hi Inr about another leaetion, nnd stocks were
offered down from the enrh high ranee, hut in the last hour of trading efforts
were ngnln made to eover shoits, which found onl a scant supplj, and
prices mocd up to new High figuies for the dav
The greatest advance was lindc in American Car and Foundry, which
rose more than 0 points to the new high record of 123.
Italdwin again reflected accumulation bv Inside interests and advanced
more than 4 points to 10 1'nited States Steel was in steadv demand, nd
ancing 1 to 1047 and gains of around 2 points were made in other
steel industrials Man. of the spermines were also artic and strong,
including Central Leather, Corn Products and I'm ted Hetail Stores. New
Haven became prominent in the late trading, advancing neatly 3 points to 34.
The marine issues nlo made good advances, the common stock moving
up more than 2 points.
Oil stocks were directlv influenced bj the government statement in
regard to production and ndancod 2 to ."! points.
The bond market wns fnvorabl.v influenced bv t hanged conditions in
monej The lower rates for both call anil time mniiov increased the demand
for these securities, but most of the denlings weie com nitrated In the Lib
ert Itouds and Victory notes.
AlBRka Oold M .T
Allls-Chnlmers 40
Allls-Chalm pf ill V4
Am Agr Chem.103
Am Iteet Sugar Sflifc
Am II MagnctoU 1 11(1
Am Can' fi21i fji
Am Can pf.t.103
Am Car .V V.12C, 110i 120 4-1)
Am Cotton Oil r.7, 55 r7,J2
I Am Druggists. 11 10 11 ..
I Am II . I,... 3114 32. 335' i a;
A II & I, pr .122 122 1224-3
Am Int Corp. .100 I!l,4 100 2
Am Ice Sec . 52
Am Ice Sec pr 70
Am Linseed... 77
Looomothe O'A
Malt. .. 50
Smelting.. 7S7
n.
Okla P &
Ohio Oas....
Ontario Silver
Owens Hot...
Pac Gns & El
Low
10
52
7
54
07
Net
chse,
Close
104- W
58 7
7 ,
54 ij
07 l
t"0
OS
57 '1.
84
50
77
57 Vj
5in
05
40
50 V. 4-1
70 2
70 1
S(Uj4-3T,
50 1
7S'44-2.
57 4-2
Dividends
THE CKNTIIM. .STIONI, 11 IMi
OF riiu,.ur.i.i'iii
. . August 7. 1910
Tne Directors hae this dav declared
Quarterly Dividend of SK Per Cent, tree
tax, ratable on demand Cherks will be
maura.
WM T CONHAD
Cashier
LABOR LOOMS LARGE
IN THE STEEL TRADE
Feeling Is General That Situa
tion Will Eventually Work
Out Satisfactorily
,'STHEIIGTH IS SHOWN TRADING NODERATE
IN WALL ST. TRADING IN OUTSIDE NARKET
Active Issues Feeling Dis
tinctly Better
Stock snlefl today on the New Yorl
exchange, as complied by the Kenlng
Sun, totaled 000,800 shares.
Am
Am
Am
Am 7. it I, pf
.sij iry noon UV4
Am Sum Toh. 11(5
Am Steel I'dn U
Am Sugar . 13l)Vj
Am T & T .. 102"'s
Am Tobacco . 234
Am Wool . ...115
Am Writ V pr (12
Am Zinc & I. 21"s
Assets Ileal . 27,
Anaconda . . (V) H
Atchison . . 02'..
Atchison pf , SI
Atlantic Ct L 0(!
Atl C; & W I 15(1
Baldwin Loco JOS
Iialto & Ohio . 13
Haifa & O pf 53
Iiarrett Co .
Heth Steel It SS
Iieth St Spc pf 113 lVJ'-l 112Vi Vi
2S 4-1 Vs
201jl
13414
!''
1314 4-2
Hlah
10V4
5S
7
55
07 V,
Pan-Am Pet.. 107 10Ti 1054-lVi
Penn H II 43 4311 434-
Peo (las & C. 45
Pero Mncqurt. . 10
Pere Slorq pf. . 45Vj
P Marq pr pf . . 01
Penn Seahd Stl 45
Phila Co 30V4
Pitts & West. 34
Pierce Arrow. . 54
43
45 Mi
01
41,i
30
34
03 U
43 to
ll) VA
45 1
01 1
45 4
104- H
31Vj4-1
534-2to
11,1 Mj-f -4
40 4-2
12S 130 Ms 4-2
102'', 102H4-
232 232 4-3
112 1121,44-1
01 01 4-1
244-1
24-
0Sij4-l
23'',
2to
OS 14
ill
SI
!)41's 00
153H 153 4-1
101 l(IOto3
4214 42..
53 53 . .
I'ierce-Ar pf...l07Vi 107Vi 1071,4.
Tierce Oil 21 to 21 21 to 4-1 to
Pitts Coal 70to K 70to4-2to
Pitt Coal pf. . DO 00 00 ..
I'rnitn Aleg Su 70 (HI 00 4-3
Picssed Stl Car SO 83 80 4-2to
Pullman Pal C.llSto USto H8to1
Hy Steel Spring 024 87to n2i44-0!4
Hay Con Copper 24 24 24 4- to
Heading 70 7S 70 4-1
Hep Ir 1 Steel. S7to 87 R'MVA
Pond Creclt... 10 10 Iff 4-
Itcmington Typ 74 74 7J 4-2'.
Hepubllc Motor 401,4 48 484-
Royal Hut X Y 00 88 8HtoH-3
Saxon Motors.. 20 25 2.") 4-1 to
St L S K 10 18U 184-
Scnis-Hnchuck. 204to 204',4 204144-2",
Shattucls Aib, . 17to 17to 17V.4- to
(.2
54
08
25 K.
(!2t,
Sll"
Slovs Short .
Sinclair Oil
Southein Par
Southern II It
, South 11 II pi-
I SJfl nlnltni tr I y
7 .h
, .iiicieDaKer 1
Stutz Mtrs .
01K,
53
IIO14
25
02'.
80
1211-1. 117 1204-5
H1 S74-2
ri t t t 1
" i'i'SiiP Steel .
' x Tnnn f X, C
1 iT.t X- I,.n
Texas Co . .
Tobacco Prod
I -irnnsue- ins
I'nion P.ic ..
01 to 4-1
51 4-2
07'i4-l
2.Tj4-lto
02 2
81 4-3
100 104 105 4-2
112 1101104-2
. 41 41 41
. 11 13', 14 4-
48 47'4 47M 4-1 '4
257 255 250 4-3
105 102to IO3144-2',
,120
Hrkbn Itai) Tr 2S
J 1 Sooth Knh (' 20' j
Hums Ilros , . 130
Rails and Industrials Among the Tire Stocks Among Prominent iimn shoe . 05
Issues Oil Issues Generally 'Hutto c & , r 1314.
Hutte S. Su C 2514
Rutteiick Co . . 35
Caddo Cent Oil 30
New York, Aug 0 Trading on tho iC'nlumot S. Ariz 75
, , . , . . Cnl Peti oleum 10
Hroail street curb was only moderate, 1Vfro )pf s0,;
in olume, dealings being on n smaller Cnl Packing Co 70
Make Gains
New York. Aug. 0. The Xew York
this
New York, Aug 0 Although lead
Ing authorities in the Fteel industry aiej Evening Sun's financial review
,- .ugi. incuncii to express anxiety over niternoon is as iihii
', the labor outlook, it is neierthcless
:" rue that the situation has nor imnrovcrl
Today's stock market reflected, to the
utmost extent that a Saturday short
session could do, the distinetH better
K-?--Vfin8 the last week; and, if anything, ffeins dircctly inspired by the Presi-
l!l
134",
!l"
135,
13',
25
32.
30 "
75
43'..
V0'.
07 'i
13
25 4-
35 4-3 I
30', 4-1 ', I
Til Pac pf 70
I'm Alio Stl.. 53
Tni Cig Stores 201
1'ni Ding 150
1'ni Drg Ht pf 52
I S Food Prod M"s 80 81to4-l,4
I'nlted Fruit . 170. 170 1704-2'.
I'ni It. In. ..f on. M,7 int i in"
,. V, ;V. .:.'.. .": - r- -v2-ri
'" I CI I' A h :i(i('. 'U
' ..... .... - ...
58 5S
124 125
70 70
53 53
201 201
150 150
52 52-
1!
4-2
4-1
4-4
1
Philadelphia Stoclts
Nt
Low Clos elms
23 23..
32 33 4- to
43 444-
51 51 4-
8S S84-1
70 01 4-4
22 22V, 4- l
0.8 08 4-
48 40 4-1
43 43 4-
25' 254-
25 20
70 70 4-2
38 to 38...
itlith
30 Alii Ins.. 21V,
400 Am Strs. 33
700 Am Ship
& Com. 44to
100 Am Can. 51
05 Klec Stor 80
310 Ocn Asp. 81
300 Lake Sup
Corp... 22
125 Leh Xnv. 08
45 Leh VnL 40 to
100 Penn 11H 43
542 Phil Klec 23
C3 P II T tr
ctfa ... 20
10 Heading. 70
3 Un Trac. 38
C10U S Stl. 104 104 104'i4-l'4
CO York Ity
pref.... 31 31 31
Slocks 3.121 shares, compared Vlth 10
071 sharps sold jesterdaj. thus far this
110M1S NetYl
HlKh Low Close chxo
$1000 Am Ons
fc LI 5s 85 85 S3 . .
1000 City 3s
1034.. 00 00 00 ..
1000 Cy 4s '40 OG'4 ffVi 00
1000 Lib Hond
4th 4s. 03 03 03 .44
1000 Pa gn 5s 02'4 02 Vi 02..
5000 Phil Wil
& Halt
t c 4s.. 07 07 07..
1000 Phil Llec
1st 5s.. 05 05 05 ..
1000 Span Am
1 0s. ..100 100 100
25000 Un 11 w j
Inv.'s.. 75 "5 75to
$40,000, compared with t!iO,450
thui far this week J337.7S0.
Bonds
jesterday
Local Bid and Ashed
Todiy
Hid Ask
Yrstcrday
nid Ask
443
so
0!l2
scale for n tune aftei the opening, but Canadian P.ic 150 155 150
thero has been nn increase in the un- ' dent's nddress to Congress. Strength
easiness amom; the workers through-( throughout the list, comprising both rails
out the country. I nnd industrials, was manifest from the
There is n general feeling that the beginning,
situation will work out satisfactorily, In numerous cases, opening prices
but It will take weeks before the actual were 1 to 2 points above the rrida
result of all the present agitation be- closing level, and thesy gains were cx
comcS known. Reports that the United tended to 3 to 4 points by the end
J5tatesStcel Corporation was cousid- of the first hour. The presidential
efEir the possibility of adopting col- recommendations having for n pur
lectivo bargaining were denied in offi- Pose thp amelioration of conditions ..ue
clal quarters, and there is no doubt to h,Kh Priccs of mmodities had been
that If a strike is called the right will leP"ved of their worst sting b the
be to a finish so far as the leading in- Pvious course of the stock list, con
terest is concerned. structible influences originating in the
- ,,.,, o, , belief that a cure of profiteering culs
The report of the Midvale Steel and cmlI,i not bc effected without drastic
Ordnance Company, made public this ui(, 0f the operating knife, nnd that
,tek, was a disappointment, the show- without a cure and n speedy one there
lig being more unfaoiable than any , could be no real prosperity in the
Bae had expected The fact that the ' land.
company earned a balance equal to only Wall street was cheered by the feel-forty-eight
cents per share on the ing thnt the atmosphere had been clari
stock was the subject of much discus- hed by the clear exposition of the sit
sion In the trade as well as m th u.irlnn and nronosals to meet it. That
financial district. the machinery of government was to be Amerimn w ruino Paper' li:
..... ... . ...: ..!.Uf ,llnr n om Li!r IJ.luctlon . . r"
iiowcver, u is tne popular belief that i l"" lu """"" """" " " "
the tide has turned and that the re- I phawzed by the action of the local fed
eral attorney s oince in sltviuk auu
poenas on some 200 storage warehouse
men in this city.
The technical position of the stock
market itself served to make the most
later manj stocks developed strength'1.011 1,u "'r l"iV'
, , ..... itcrie de I'n'rn ..4
and made substantial gains j oiiatifllor Mtrs 23(1
The tire stocks were among the most ("lies & Ohio 57
prominent issues, Snvold Tire advancing i Chi .S. Ln.t 111 10
4 points to 02. followed by a reaction fi'l ?J. W,'st .,L1
to 01. ;ew lork Savold wns traded in p,j Mstl' pf 12
nt 50 to 50to and Ohio Snvold at 30 to Chi MclStP pr 03
30. Flsk Rubber moved up from 4(1 rl" Mhwist 0.
to 40.
There was steady buying of American
(Ship and Commerce, ihietlv bv interests
0V
52',
230
55'.
01 .
0
21
4()i.
02
02
inov',3
54 3
30W.
50 f-2
10
25
42 2
02
03
American Store
Am Ship & Com
HalOn In .
HufTalo & Sunn
do prnforrod
Drill JO . .
Tramp t c
Electr'c SlorHKe
Gem rnl Asph 1 1 1
do prefrrrod
Kcvstone TtM
do prcferrrd .
fikn Hup Corp
f nVtlrrti Vll I fatlnh
RRIA-WJiK. T.hlffh Vnllov
rSCIPAP pref 7OV4 00 70', 2', '"IVuBhprorp,rr'
I S i:press .. 20'i 20 20'. I IennaPJi "n
V S Ind Alco. 135io v. I 1342 l Kii '' ,r,r
1 ttl Ret Stnrs 100 107 108 "4-1V, I do r. n c rrpf'
U S Ilealtj . . 42 42 42 - I n&V ? Ti
l S Rubber . 127'. 1251i lOU.a.1.V ilteHdlnir
! 111. i.t .. 11 1 ,.,;; :? ' .. .Tonnpnh Hcimont
. .. ..., ,-1 ,,i , ,1 ii,,.., iirtM, -y, TonoPMii .vnnlnu
I h K A. R... 00 (iO'4 00 11,
V S S . H pf 1! 4-, 4!)'4Z 1,
I' S Steel . . .104 ,03 1041
II S Stl pref.. 11514 11514 115
Utah Copper . SS S7 87 2
Utah Sec Coip 10 10 101
u (nrCkni., 84 ,S2'4 83 l
n v ( nt. ..114 114 114 4- Ti
tTnlon Traction
1IO I
O fa Mel
Vork K.illas
do preferred
SIS
I111II4
.-,1
l'l".
ss.
Sll
120
. 14'a
l!S
4S',
14
J rt
41S
. 2-.S
.111
L".'i
:il
s;
11.
'-IS
3S
fis't
ini'l
33
44
1117
7J
20J
soi?
12.-.
l.'.Vi
r7
21
(1SV4
411 ii
17
2S
4T4
J-.
S7
IJ
S".
ja
a.
i
an
m
104
DM,
32
43U 44
10ia 1114
711 72
112 r.1
m rr
1111 202
RU S7
711 711
117 122
14 15
ST
22 22 V4
US I.SV4
4S1. 4SS
14 17
2 2S
I'l'i 43S4
2-., 254
S-i 111
WM 32
.14 a-.
2r,vt 21s
77' 77'
avt i4
2 S
3S 3(1
USi 1
1?2W IQg
30 32
GAIN IN BANK CLEARINGS
Chi . North
west pr ....120 120 120 2
Chi It I . Pac
to 25 21 2.1 li
identified with the Cramp Shipbuilding 1 Chi II I i Pnc
Company, on whiih that stock ranged 0 pc pr ... 00
from 43 to 41',. There wrte large CRI S.V 7pc pf 72
transactions in Ileyden Chemical at 0 I Con Ciindj . . . 14
to !) 'Chile Copper.. 23
Oil stocks generalh made gains of I Chino Con Cop 10
around 2 points. Sinclair Consolidated Col Fuel A. Ir. 45
being traded in nt 52 to 52 nnd Sin- Col Gns & HI. 50'.j
clair C.ulf ranging from 51. to 52 . j Consol fias . . 08
and Cosden & Co sold nt 10 to 10',. ('out Can.. .. 85
Tobacco Products dropped from 37 to ' Corn Pioducts 81
351.., hut reiovered this loss.
Con Int Cnl M 20
General Asphalt was traded in at 70 1 Crucible Stl ..137
to 0
Actoa Exnloilies
1 Am Hrlt Mfg
Am Marconi
IMlL'VnilVI,S
Bid
. 04
Ct clOr
Ask Urflel
10 a
n
. iiurui inr mo last two quarters o tins
jear will make a much more favorable
comparison, with larger net earnings
and a more substantial balance for the
fc n n YArH-ilr1 Jtrc. iliini.ntinn,. f 4L. C . I
I 'TaTe company h,7h irJ i relief while the street felt that
- thf. will ho r,fl,,i . n, ;.:. 'at last the knotty problem had been
... ..... Vw . .....v ..... ... fcMU .umic.
lV
5''M Some good busincs. was placed during
the past week and inquiries in the mar
ket indicate that the good business of
the past two months will be loutinucd
The Navy Department will take bids on
August 15, next, foi 2S.00O tons ot tlup
plates to be used in connection with the
construction of two battleships to be
built at the Brookljn navy jard.
There is a better demand for plates all
arpund. Domestic users are in the mar
ket, the leading buver during the week
having been the Haldwin Locomotive
Works, which placed contracts for a
part of its requirements in oonne tion
with the order for 150 locomotives re
cently taken for shipment to Poland
Each engine will require between thirtj
, five and forty tons of plates Hxport
orders for the account of England and
Japan also have been placed
Thfe oil Industiy of this countrv and
Itq development activities Is now be
ing reflected in the demand for plates
In addition to the large pipe orders
which were placed in the past, it is now
stated in the trade that large orders for
plates to be used for construction
tanks have come into the market. The
operations of the plate mills of the
country nave neen increased 10 per cent
during the past week, according to re
liable estimates in the trade.
Considerable improvement has taken
Pbcc in me market for structural ma
attacked in good enrnest
Trading in the first half of the ses
sion was not as heavy as yesterday,
Canadian Car Co
con Car &. Pd pfd
( arbon Steel
t arwen Tool
Chalmcn Motora
h.roet Motora
Cramn
Curtlss Aeroplane
Emerson Phonograph
Hall blRn.il . ..
Inter Products
Iner llul!t-r
Lake Torprdo noa.t .
I.ehlKh Coal faolea
I.lbb. Mc.V & l.tbby
I.lma l.ot mot!o
Martin Parr ....
Maxim Munitions . . . .
3
nu
110
Ii
s'4
250
111.
in
7
44
111
4-1
Inn
12n
s
n
ani
211-
1-.
'
'1
47
2l
3
.-!
71
14
23
45.
45
58
08
85
78
101'.
135 "
32
78 U.
105
187
!
1."
lrt','4
00 1
71 1
14'',
231,
40 2
45',
50 1
08 1
85 1
M4
20 '.
137 2
331, 1
781-'. 1
105 . .
187
0
l.Vs 1
13'i..
Wnbish 10 0
Wabash pr A.. 31 SOU.
West Mar.vland 12 12
West Air like. 114 " 114
West Mfg.... 54 53
Wheel & I, i; in 1(
White Motors. 02 01
Willjs-Over .. 33 " 32'4
Wilson Co. . . 84 S3
Worth P & M 70 00
W P .1 M pr R 70 70
f Vs
10
30
12 1
114
l
10
(11 4-3
33 1
S3 3
70 2
7C 1
Total Business 37.5 Per Cent Greater
Than Same Week Last Year
Total bank clearings of nil the clear
ing houses in the I'nlted States for the
week ended today were $8,055,800,417.
against .$8,128,838,045 Inst week and
S5.S57.000.OO0 this week Inst -ear. or
-a K.iin, ns compaied with the corres
ponding week in 101S, of 37.5 per cent.
I Philadelphia's total was $343,701,324,
ja gain over last -ear of IS. 7 per cent.
Details follow:
.?t1"' "2'i 400 shares compared with 2.
015 200 shares sold -esterday, thus far this
week 0 4S3 2'JO shares
F.x
cent
dividends New Jersey Zinc, 4 per
GAIN IN STEEL ORDERS
4V.
IS
. r , . 7. 1 n o jul illnnr
but it was In large volume lor a nan xrth Atn Paper Pulp
holiday at the week-end hleel, italfl-
I.ocomotive, American car and
Central Leather, Com Pro-
Dutch,
win
Foundry
ducts. Retail Stores, Rojal
Wilson Company and numerous others
were extremely well bought.
All the rails made nn unwontedly
good showing L'nion Pacific got back
to 120, Atchison ran up to 02 and
Reading sold close to SO. The whole
some presidential advice to striking
laborers, which applies most polntedl.v
to railroad labor at this moment, was
.1.- l..n ,ntl,,,.on tr. tlmr nnnrl.p Illinois
t II." lU.lHIIUf, n,.iu...-. ... ....... .,u..... n)n(
Otis Elevator
Peerless Motor
Perfection T & II ..
Phllln Morris ....
Poole Cine
Sa old N V .
Savold Ohio
hcrlpps.Hooth
Mandard Motors
Steel Alios a
Submarine
s!w Ift Int . ..
Todd hhlpbutldlnR .
I'nlted Motors
I'nl'ed Profit SharliiB
1 s Steamship .
World rilm . . ,
W'rlshl Martin Air
.
. 51
'llfi
4H
1
. 12
30
41)
2l
3ft
. R'l
3
' IP
.14(1
47
2S
32
57
4si
11.1
42
ls
n's
nn
.11
.11
Tin
141
8
Cuban Can Sug 33
Cuba C S pref 78
Dd & II..dson.l05
Del I, & AV..1S7
Denver S. R C, 0
Den i. ItO pref 10
Dome Mines . . 13
CI11 P pref ...104 104 104 1
ll'.lk Horn Puel 30 3tTi 38 3
Emerson Ilrant. 31 30 31 2
,Endi Johnson. 108 105 105 V.
'Erie 10 10
Erie 1st pf 20 20
(i:ne 2d pf .... 18 1S
Famous Plajs.105 103
Pishcr nody .. 82 80'',
Krecport Tex . 51 40
! Gaston Wil ... 31 . 31
IT Tork
Chicago
Thlla
noston
Kan City
Rt Ixiuls
San Fran
Plttsb'uh
Detroit. .
lialllmore
N Orleanj
11 cities,
nil)
13 sn7.i;nn,ii4
,i2i,nr,7.2io
341.7111.124
2S2 SOU 300,
231.270 113
I3n.ann.7in
121.2nl SS4
102. s4i snn
Rt.snn 4vi
"n.7ss 23n
.in. 007.747
mis r r
.117.771 120.-1
42n.isn,sni4-24 n
2Rn .ii4,nit is 7
23 R14, 11714-in 4
171 211.217 37 4
12R.411 'IS1 R 7
nl.013 174 31 2
SI (110.224 7 2
n,nnn.on(ir.4 1
.11 nn4..iin4: 7
44. .13.1 .10032 7
days
fl44.417.niB 7R0.4nS.41R21 0
Tot'l all cities
.1 das ll. R13. 311,401 14. nni.S7S.4143S 0
All cities.
1 day 1.242.4B7.n23 11.1.1 027. M2 30 4
Tot all cllles
for veek$S,n.1..R09.417 t.l.Rr.7 00B O0n37.5
1.1.
13
4'l
.in
1.1'.
Un
10',
:.'0l4-rl
18..
105 4-3
82 1
ni 2
31
Cen ric.sr Co. 84 Ti 83 S3 4- V?
Cen Hlec Co.. 102V.. 101", 1022-H. J"";
; Total on July 31 Was 685,806 Tons!c;he''avUf.i,Rn8 023.S7R 4 124 409,oin42 3
Greater Than on June 30
1 New York, Aug. 0. In its monthly
statement, issued nt noon today, the '
Cnitcd States Steel Corporation re
I ported unfilled orders on its books, ns
'of July 31 last, of 5,578.001 Ions.
This compares with 4,802,885 tons
on June 30 lntt, nn increase of 0S5.S00
tons, nnd with 8,883,801 tons on July
1 31 last year.
Comparisons of unfilled tonnage on
! the 10th of each mouth since 1012 fol
1 low s :
Vothine occurred to impair the con
struetivc tendeucj of the market 111 t lit
second hour, nnd bu.ving of good qual
ltj was mixed with not a little short
lovcrtng. Prices held well at or near
the top levels of the day.
Such has been the pace of improve
ment in the industrial and general
business fields up to the time of exist .ienrock 011
ing nnd prospective strike disturbances JJerrltt 0Y1
I that tne eneci 01 sucu uisuirunnccs nas ..iet l'etroi
I not appeared very pronounced to the
icje. although there has been some re
1 tarding of collections, distribution of
goods nnd so on Nevertheless the de
mand from jobbers and retailers con
tinues excellent and the good outlook
for fall trade, state the trade jour
nals. is clouded only by the possibility
4,
STAXDAIU) OILS
182
..ISO
2SII
.71(1
. 300
Prairie Pipe
". .1 1 ai
S I) S J
SUNT ...
IM)ETKNIENT
Mien Oil
Boston VVvo Oil
( osden . Co . .. ...
IR7
391)
.nn
in-.
720
4(KI
1IHI
7in
3U3
Ocn Motors ...221 210
I Cen Mot pf... "0 W
, Goodrich 15 1 7S 77
Ot North pref. 88 87'',
1 Ot Nor Ore subs 43 42
lOreene-Cau Cop 43 42
I Cen Motors deb 80 80
Culf States Stl 02 50
'Haskell & Hkr 50 57
Illinois Cent... 05 05
,lnt Agricul ... 28 2S
Inspiration Cop 02 01
!lnterb-Cons Cp 0 0
ilnte-ib-C C pf 21 21
Int H Cp new. 133 132
1 Int Mor Mar.. 57 55
Jl'.l"84--ls, Apr
no fSS..
77 ',1 Jan.
87'42V IVv'.
4:i',l
42
Mil 1,
50 1 .
501, 3r,s
05 . .
2S
01 1'.
0..
21 U. .
13'1 " r-s
."i'4l
im.i
mi;
1015
terlal. Quite a few structural mills in of dislocation of the means of trans-
rlt rtrtltnfro nra nnn ..!
rt-. ,... j m.; hw uiirruLinr nf n
fk Jiaclty on shapes and the demand ron-
r v.Mv .6t. .inn. 11 mics niso are in
; ""demand, with some export lnnntr!.
Vi lAXtllnfl. tnfneAef KaliAn... .t... .
j" jj-- b s.n uiuriiu; mac n large
portation.
Caution has naturally been engen
dered which, in itself, has brought about
considerable blow lug up, but the ele
ments operating in business fields have
Klk Hasln
Inter Petrol
Island Oil &
Midwest Oil
Ohio Fuel
Omar Oil A (
Hapulpa Ref
Sequoyah
Sinclair ..
Sinclair Gulf
Southwest Oil
United Oil
OIKS
1'.
.11
10
R
27
n,
1
110
hit M Mar pf.114 113 114 2
.in
Kl'i
2n
s
winter Pane . . 50
I Int Pap pf sta 70
2S
70
7'.
52
11s.
l'i
120
22Vj
2H
7.
.13
28
1
'14
l,
111)
214
-".
inn
7.1
111!
27 '
70
20
38
32
10
S
70
27 V.
3SU4.2 "
33 " 2
1!'
s
.Month of Tons
jui. ini. .i.r.78 nii
luiw. -s.euj.o.i;. reu ,
HUH. 4.2S2 310 jan .
101U. 4.80g,685 Dec.,
mil). .1.43(1 .'.;. Nov .
1011). ll.illll.7NT Oct .
mlQ rt ,tS4 u.
tSlR. T,37n.M2 Aug'.- ltll.i
1018. 8.124 lllll July 101,1
UIIK. 8.3.11 201 June. 101f.
1 il. n .'111,1011 ;ua,
101R. S.T.ln 114." Apr.
1018. 8.01S Rl.il VIeh .
101R. R.aiT.n.'l Feb .
10IR. 8.741. 8S2 Jan
1018. B.OSH.4IMI li.
1018. 0.2H8 411 .Nov". 1014
'1018v U 4T7.R.13 Oct'. 1014
inn. i..iim nn sept 1014
11,11, n.nift.jiM. 4UDT .
1017. o.non.iHi July
1017. O.R31.4T7 June.
1017 10.407,040 May.
1017. 10,841. 1(11 Apr .
1017.11.383.287 Men.
1017 11.8RR..V.H F,b
1017.12.lR1.nsi Jan!
1017.11.711 n44 Dsc.
1017.11,r.7l.lin7 Nov
1017.11,474 Oil Oct .
101B. 11.547,2811 Sent .
1!" .i.V'?.'- AUC
Month of Tons
Men , 1010. 0.331.U01
loiu. s..iti.im
1U1U. 7.1).'.'.T0T
1015, T.VOH.S.M
101.1. 7.180.487
1015. (1,10.5,412
litl.i.
MINING STOCKS
Alaska B C M .
Big Ledge . .
Butte New Tork
C F S & Jerome
Con Arl:
First National
Fortuna Cons
Oold field Cons .
OoldHeld Florence
uoldneld Keivanas
1
4
s
S
l'i
m
.5
order for shipment to France will ho been and still are of a character to be "J'1""!"!""
. 1 ..1 i ' "-1 ..... . .1 :n....... ........ i.- i .'.re'n ?ionsier
placed Bhortlv.
Ponsumers of steel bars have shown
ft tendency to talk of their requirements
for the first half of next year, although
'fie, makers thus far are showing no
aknfl of accepting such business. Ilser
rfpt ' bars have recently expressed the
iX-sjpJIea that costs will increase shortlv
Swi.thls will put up the price for bars'.
Fnff. ".fcuvna iu I-IUCG 1V-J
,mimt nt prpsent prices. The de-
tnut V.ASWAW .4,.ll...t . ..
j,' 4UI mraivi UC1IVCC1CS COntlllUCS
ilk' wire there has been a decided
HUj,in the situation. In that mills
OI"M( inmui; an me Business onereu
IJMMi, Even from regular customers
An inquiries are being- questioned so
,ttt.' mly the tnnnnBO actually needed
Wt WtMVt iti mng taken care of, This
. L .Jt-'. J.it. ..
, . i-cuBK ins;, prices
lit(-pww'eTtli
n..!nK. rccinril tr. inflllpncp nncp .liernl ..... 4.i.
1 uui.ni.1 , ......... .- . .- ..- ..-. ...... ,-i.m .tuning
1 , ..1; . - . .,-u-.. . -...j
I are any siKns 01 uu auju-imca. 01 mc "un' owuu,.
labor dispute and other problems created
by the high cost of living.
There has been au increase in busi
ness failures, the week ending August
7 showing 105 against eight-five in
the previous week.
Hank clearings thiR week 'totaled 88,-055.800,4-17
against $S.12S.S38,045 last
week and $.",857,000,000 in this week
last .ear.
No Change In Refined Sugar
New Yorh, Aug. 0. Itefined sugar
market situation remains entirely un
changed. Local refiners arc still with
drawn from the market. Prices are un
changed at 0c, less 2 per cent for rash.
Ttawti a'sn 11111 hanged nt 7.2Sc Thp
I'uitcU States lugar equalization board
jesterday arranged for lqadiug this
'mornias 'of 176,000 baga of Cubas at
Indeoendence Lead
Jerome Verde
Jim nutler
Jumbo Extension
McKlnley Darraa-h
llagma Copper
Mother I.ode
Mines c.) of America
National Tin . . .
Nevada Hills
Ne. ada Wonder
Nlplss'ng
Rav Hercules
Ran Toy
Tonopah Extension
I'nlted Vrde
West End Con
Whits Caps
2'. 2'4
3D 40
10 in
67 on
4 a
4
B'i B.
44 4,
2 .'.
i t
31 31
10 12
B.I 00
3(1 37
48 BO
,U 14
. 4'
3 S
!' int.
24 2
7 10
2?4 2S
41 41
1V4 1H
13 18
Int Nickel
I Jones Ten ... 38
(jewel Tea ... 33
1 Kan City South 10
1 Kelly-Spg rts
! Kelly Sp .... 120 127 1203TS
1 I.clscy Wheel, rill fill fid
Kennecott Cop. 37.
Kc.vh T &. U 84
Lack Steel ... SO
Lehigh Vallej. 50
' Lee Rub & T 31
, Loose -W 11 Co 07
t. . Lorillard P ..231
I Mackay Co pf 04
'l,V 'Max Motor .. 48
I Max Mot 1st pf 74
IT I Max Mot 2d pf 35
1 Mex Petrol ..liS
. 'Miami Con Cop 27
Midvale Steel. 517S
M & StL new 18
Mo K & Tex.. 15
Mo Pac 20
Mo Pac pref... 51
Mont Power . 72
Nat Acme 37
Nat C & C . 18
Nat Biscuit.. 120
Nat Ck & St. 84
Oct
bept .
Aug.
June.
May,
Mir.
Men.,
Keb ,
Jan ,
1 Dec .
N .
Oct ,
Sent .
I Aug..
i July.
June.
May.
Aor ,
Meh .
Keb
Jan ,
I)vc .
Nov .
Oct .
Sept .
Aug .
July.
June,
May.
Apr ,
.117.1118
4,IM)8.4."r.
4.njs..14(l
4. 1178. ion
10ir.. 4. "114. BOS
101.1. 4,1112.244
NEW YORK BANK STATEMENT
Average Loans Higher and Actual
Lower Tlm,e Deposits Increase
New York, Aug. 0. The New York
bank statement this week shows increase
in average nnd decrease iu actual loans,
with increase in average and decrease
in actual reserves. Time deposits nic
higher.
Details follow:
AVERAGE
.sn.377.oon,
0.1..12U.00O
Jo 2- 8'3sv35J !". "is. b,
V.i- ?,'55'M-7 May. 1013. n,
3A
in
l!'
IIONTIS
Cosden Oil Ss
Cosden Co fia
Russian Govt B4s
Russian Govt fiH
101
mi
4
B0
mi
101
48
.14
17
81
7m,4
48 1,4
31
05
230
04
17
73
34
175
27
50
10
14'4
28
50
ii'in. ,.ls,502 Apr, 1013
loin S-2:1J I?? r,b- ,9,. t'Wiu
101(1 0,820. ,111 Jan. 1013 T bit tna
Unfilled orders on the corporation's
books at the end of each quarter since
March 31. 1007. .,nm n f..ii.. .. .
1 1 Quarter ending Quarter ending
S3a, 4. 'i7' with Tons with Ton.
""l-r-'s Mch . ,D,n. r..430 S72 nJ im. . S.n .
1018. 7.370.112 Sept.. 1012 a km' sot
loiS' 8'5ir'S8 iinS- m- ":ot:4.i
n 2: 5:niS'5nn r'c.h- S ? 5-394 51!
::. .n. .1.: "vl-. mu. o.iih4.tii
De-
Sept
June,
Mcll
Dec
Sept
June
Mch.
I)ec
hept
J
Mch,
Dec
BAR SILVER
Commercial bar hllvcr wan quoted in
Xew York today at $1.J1, an Jn
crtase of c. tn Tondon the price
Nat C & S pf.100
Nat Lead 81
Nev Con Cop.. 18
N V Alt nrk,.10S
N Y Centra)... 73
N Y Dock 511
N Y Dock pref 05
N Y N II & II 34
N Y On & V 20
;orioiK 0011111. iii.i
SO 2
r"2
31 1
077H
230 -J
01 ..
47 ,
73 1
34
175
27 1
"1 1
18- 'Ji
1.1V I r7
'-.-WT "S
-'4 l
fin2V,
72 72
37 37
18 18U1 I
110 110 1 ..;
en efi 1 Ui, Jlm "dtler
SO 84 5 MicNamara, ....
100 1011 11 Midway
c 01 Tn Mlpih Extension
SO 81 3 "onlans
IS.ii 18--W . . hn" B'sr.
- - r --- t - .
181?: 5:SSV! K: 3SH: ?:S :
Iians . ,J4. 071, 1.1(1,000
Net demand de
posits . t4.n.i3,4ni),n(ki
Net time denosiiR "n.37i.nnn
4 ..-Y7is -irmiuon
j'1'4'1 171 iCa,h ln vaults
VolVVji Reserve In member
1014. 3.83.1 H4J ..".' ,.
I 3 '4 BO ...... o 11. BiHir
3'4ni'n'(7 I Panks and trust
3.'787.'rt7 1 companies ..
1014. 4.21.1 .111 .Keservo In state
t014. 4.1.18.581 hapKa and trust
1014. 4,012.817 company de
1014. a now 0110 ' posltorles
1014. 4,277.(ins Altltregate reserve
1014. 4.011.82.1 1 Reserve required
1014. S.02H.440 Surplus
1014. 4.013 nn MUnlted States de.
pnsua neaucted 220,170,000
Decrease
ACTUAL
l-nans 4,nnfl.i73.nnn
Net demand dep t4.011. 100,000
Net time deposits 210,130,000
.....urn, mil .
rash In vaults
Reserve in mem
ber banks
Reserve In stale
banks and trust
companies
Reserve In slate
banks and trust
company deposi
tories Aggregate reserve
Reserve required
Excess reserve
tUnlted States
120 nno
Decrease
Increase
JSS..1.I1.0O0
14,213 000
.1.771.0110
078 noo
788,000
038,774. OOO 10.003,000
1013,
1013.
1013.
1018.
1013.
4,282 ins
410n..147
4. .111.7117
B.003.T81
U23.4K8
300.3vn
807.317
0.324,322
11.078 702
7, 4ns. Pin
11,014,000
10, .100. 000
.180,417,00(1
.137..110.T40
42,000.2(1(1
35.01)1.000
04,024.000
.141.000
410,000
0,4BS,noil
1,432 00(1
S.IIJO 10J
li'i.ma.ono
41,204 0O.1
11,221 onn
8(12,000
3. soo, noo
MANY GOOD ADVANCES MADE
IN TRADE ON LOCAL 'CHANGE
Railroad Group Strong, Reading Being Up Four Points.
Sentiment Shows Decided Improvement
Sentiment on tho floor of the Philadelphia Stock Exchange at the opening
of Joday's short session was visibly heartened by President Wilson's speech, to
the joint Bess'lon of Congress. Many .Additions to the gains of jefdcrdiJ' wore
made at tlfe outset in trade that was fairly active for a Saturday morning.
Several rather spectacular advances were mnde right after the opening,
when Electric Storage Kattcry, on sales of only fifteen shares, was marked up 2
point. A similar gain wns mnde by Reading and General Asphnlt in the early
dealings, Storage Hattcry later lost 11 pait of this Riiliii Heading holding its
advance nnd Asphnlt making n further gain of 2 points ,or a total for the day
of 4, and closing nt 01.
While Heading, ns usual, showed the greatest nrtlvity in the railroad group,
Pennsjlvania and Lehigh Valley came in for .some attention, both being marked
up, the lnttei for quite n substantial gain.
American Ship nnd Comiuciic Corporation wns ngniiv active, nnd on sales
of some 700 shntes was ndvanced nearly .
The buojaney in stocks extended twtlie bond section of the exchange, where
the principal transaction wns the turnover of some ?25,000 of the I'nited
Hnilwnjs investment ns at 75, n gain of . A block of JflOOO city 4s, 1040,
wns up Vi at 110 .
Yew York Bonds
TnniT'i rani.t; tv T.tnKRTV nnNr
Salt, of lAbcrtu Bonis In (no Slock Rt
thano carry Interest to date ot ante. Ths
teller receives Hint Intrreat, In addition (a
the so7e price c Hie bond.
Rales In
J1000 llluh Low Close
220Lih Rond 3s. 110.00 00.70 00.70
20 Lib Itnnd 1st 4s 01 20 01.00 04.00
15S Lib liond 2d 4s. 03.1,8 03.01 1)3.04
30 Lib lid 1st 4s 04.20 04.00 04.00
1070 Lib lid 2d 4s 03.38 03.00 03.00'
005 Lib lid 3d 4s 05.00 0i.7cW14.7S
1000 Lib ltd 4th 4s 03.50 03.20 03.2(1 '
50 Vic Note .".s. 00.S4 O0.S4 00.81
00 Vic Note 4s. 00.S0 00.82 1)0.82,
OFFERS ARE SCARCE
IN MARKET FOR CORN
Buying by Commission Houses
Strengthens Prices Oats
in Excellent Demand
70 70
87 87
10 A T .t T 5s .101 101 101
lUli Anglo lr .is... 07 07
4 Armour -J'i.s .. Miy. ns
1 A T . SP gn 4s
1 A S a It 5s 8
--i o; v (is.... .10 ',4 I'd '4
7 lletli Mtl OS, .(Ii Ni's
3 Iikljn 1' U 1st 70
4 Cit of Mais (is !)!)
7(1 Citv of Ljns (is 1)0
13 Cit.v of Palis (is !)(!
18 Cent (in (is... 07
5 V & Alt 3s... 35
85
70
14 C H & O it 4s. . 05'..
2 (' .M . St V 4s
of 1025 77
1 (' & N V gn 4s 77
5 (' & Y 1 4h 01
4 Chile Cop ict P. SOV.
2 C (' C&StL4s 80
21 Cons (ins cv (is. 101
4 C St P M cl t)5s 01
3 Pom of Can 5s
of 1021
4 lie pi inr !s
.1 II & M fdg 5s A
10 Hud .1 M ndj..
5 Indinnii Steel 5s.
Ill H T if 5s '00.
13 Int Agri 5s
15 LS . M S 4s '31
1 Lehigh Vnl 0b
!)!)'.
OOKi
!l(i'.
07
35
05
0S
02
50
10
05
(Mil.
SIU,
80
' ',8
01
SO'.
80
101
01
08
02
50
1(1
nr.
oc.i.
MP.
80
ORAI.N rtrci.T 1VEATHHR FORECAST
rhlenito. Aup 0 Illinois Fair tonlahl
nnd Sunday; warmer Sundai Missouri
rair tonignt nnd Hundsv. warmer, wis-
onsln Rvlr and slightly warmer tonlglitt
Sundnv partlv cloudv. probablv with
snoviers In afternoon In, west and north.
Mlnnesntn Unsettled tofllght and Sun
day nroliablv showers, warmer tonlvht.
lown-Falr nnd warmer tonlnht: Sun
day partly cloudv posiblv showers In
"afternoon north warmer south . North
Dakota Unsettled with local thunder
showers tonight or Pundsv: warmer east
and central tonight, cooler west Rundav
South Dakota rolr west unsettled prob
ably with local thunder showers east to
night and Sundvv, cooler Kundav extreme
west Nebraska Partlv cloudv with lo
cal thunder showers tonight or Sunday
west nnd north: warmer tnnlht nnd in
eolith Sundny. Knnsas Fair tonlsht nnd
Sundav, warmer Montana'and WvomtnK
Partlv cloudv with locat thunder show
1 era tonlKht or Sundav. cooler
Chicago, Aug. 0. VvVith nothing in
the President'K message to induce short
selling nnd bullish government figures on
the crop, offetings of corn were scarce)
this morning nnd on buing by commis
sion' houses, the market wns strong.
Piospects for nn impiovement in the
laihond situation nlso helped the tone.
The leceipts here todny were 10 cars.
Septemlw-r opened at $1.02 to $1.02,
against $1.00 nt the close yesterday and
moved up to $1.04. December started
nt $1.52 to $1.53, compared with
SI. 51 at the end jesterday, and ad
vanced to 81.54. May btnrted at
S1.40V, to Sl.40. aeainst $1.4S at
''"'4 , the close jesterday nnd rose to $1.51.
Ml
70
87
00
s.-
70
00
00
00
07
35'..
05
77
77 (1
SOL'.
80
101
01
08
(12
50
1(1
057,
80
80
1017 101 7A 101
1 Louisv & N 4s. 83 S3 X
3 .Midvale Steel 5s 87 87 .87
110 Murine 0s 0S 07 07
0 M K & T fd (tfs ll 44 44
3 Mo Pnc gen 4s . . 57 57 57
4 Mont Power 5s 02 01 '" 02
27 N Y (Mb (is . . 07 00 0(1
2N Y Kjt, fdg K 11 11 41
14 N Y Tel deb (li 00 y, 00 0!)
KIT It & I 5s .... 7(1 70 " 70'
12 Pierce Oil U124.100U. 100 100
27 Pn 5s IOCS 02 02 02
4 Hdg gen 4s 80 80 80
05 South Pac cv 5s 101 101 101-
14 South Hv 5s . . 01 00 " 00
11 StL ,S. SF incOs 48
5 Tex & I 1st 5s !)()',
!! Third Ave Hdj 5s 34
105 V K of (I H & I
P..S 1021 . . . 08
December
Pork-
74 1,
70 V4
7(1".
70 S
74K,
7fl4
7H
78
, u I
47 7.1 4(1 V) 47 SO
47
00',
31
48
00
'14
2 I'ti Pac 0,
5 V S It S. I 5s.
13 IT S Rubber ct 5s
08 08
102 102 102
20 IT S Steel sf 5s. 101
4 V S . It (Is
2 Vn Hy 5s 87
5 Western Llec 5s 07
."West Slime Is.. 74
38 Wll'on cv (is.. 07
87 87
87
100 100
102 102 102
September
October , .
Kiu
September.
31 ,11
31 40
31 30
31.30
20 10 2(1 20
.11 .1.1
31.40
2(1 35
7
07
71
00
nnnrlc 11107.10(10 . .mi,., ro.l u ill.
ISii.iinn sestcrdaj, thus far this week,
303 ooo
87
07
74
07
J14.
r,fl.-
RESERVE BANK STATEMENT
Ratio of Total Reserves to Net De
posits for Week Was 40.2 Per Cent
paper Holdings limn SI 75,348,852 to
$180,034,30!), prohablj due in part to
the resumption of issue of Treasury
certificates by the government.
Ratio of total leserves to net de
posit nnd reserve note liabilities was
40.2 per cent, ns compared with 40.0
per cent the week before. "
BANK CLEARINGS
Bank tlearlnes toda compared with cor
responding dai last two ears
loin mis inn
Boston !S4 227,770 4.1,041,30O J?n.224.201
ttJHHlVHi && im. S.64T.7.17
?"' '"! '?"' "t'i.. 1V1II
am
7.17
3,K.s,inn
101R. ft Pi .ri4 T..--.- inin.'
1I ;.'-TZV- ' r "et mill, 4,L',17.71
':. S 8: 5:5W:nS? fSS; iSo8. S'S8;:8
Jun lain 4,B7R.10n Mch.. 1000 5 Mso,
Mch. 191R. 4.2.1.1 740 Dec. 1008. BOS 17
Dec. 1814. .1.R3B.B4S aVpt., 19ns 8 !10TT
Sept
)une
M'h..
Pec ,
Sept.
June, 101H
Mch.. 101S
1914. 3.7R7.nC7 .Tune. 100: alaTs'sTa
1914. 4.D12.R.17 Meh tnna' 3'Vi? JiS
MM' 4Ailili iunf- """ 7,'noi,R7R
i n .-".,i,, iirn.. 1 17. H 043 018
lfli.i, s.nn.i.7Ri sePt' Jnni .42i..vn
S'?5I-S1I Dec- 100T. 4.(124.353
7.4BS.0S(1
LOCAL MINING STOCK8
TONOPAH STOCKS
Bid
31
' 70
i Tteseue Ku1
ION 108 2 West End
7.1 73
50 50 5 Atlanta ...
05 05 4-' nice. Bull .
ii.i in -j-.. rtooth ..-..
32, 33 2 ninmf ri n
10 20 .. J7,ta'na. ".-
15 15 "
NorfolU & fn 100 ))!) 1P01 SreirheVd
North Amer... r mU ! 0
North Pacific. 8S S7 SljVj,
Arlxona
.07
.11
.07
.20
.. IK
aOL,DFIKL.r STOCKS
04
02
07
01
.01
.- 0.1
nt
., OB
.- .,. .07
MIBpELtANEOUS
nlted -, j,,,, ,34)
Ask
31
7.1
?1
01
M
nn
1 Vi
ol
01
nn
02
.02
01
ns
."
r9
500.037.000 '20,040 000
I
10,230,000 '1,034,000
11,728.000
1RR 031,000
317,497.430
Ol. 137, .1(0
nio ooo
.004 OOO
MAl.ftRO
lfl.002 320
deposits deducted, 1216,-
OUTSIDR BANK STATEMENT
STATE BANKS
Increase
Loans, Investm'ts JO3!),4RB,10(i-$17 010,800
Oold . 7.487.300 '277,000
Curr'ry bank notes 2fl.B30.000 28R,C00
Deposits Fed Kes
Bank of in y liT.Kia.snn 3.200 son
Deposits . 748,147,400 20,707.500
Res on deposit 111,512 ROO 3,097 700
Percentage on res 20.0 2
TRUST COMPANIES
t.oan. Investm'ts, $2,141, 701.000 l31.HS.40n
Oold 12,041.(100 '172.500
Curr'cy bank notes 21,347,800 '313,600
Deposits Fed Res
nank of N Y 21fl.712.0OO '14,O18,70()
Deposits , 2,212,731.500 31,R7,20O
Res on deposit . ,317,SR2.nOO '8,300.100
Percentage or res r 17.8 '.3 ,
STATE RANKS AND TRUST COS NOT
REI-ORT1NQ TO Ct,E"ARINtl HOUSE
Loans, investm'ta. 1R14.A53.200 10.053.100
UQia .. , K,&7U,I((I
Currency b'k notes 17,811,700
.epoaiiB reaerai
137,000
'410.700
Reserve Rank nf
New York
Total deposits
Net deposits
Reserve on deposit
Percentage of res
Decrease.
70,424,300
870.004,200
789.044,500
153.322.600
21. R
11,509,200
20.018.700
8,A0l),AI)O
11,238,300
1.4
DIVIDENDS DECLARED
Rrown Shoe Company quarterly of 11,50 a
share on common, payable September 1 to
stock of r-oorrt August 20.
Mollne Plow, nuarterly of i per cent
on flrst preferred payable September 1 to
StOCK Of r.m.il A. ..ma. IB Th mn.nanv
also declared quarter)- of 1W per cent on
second preferred, payiih'e Peptembfjr 1 to
(: of record August 18. ,"tM'
INVESTMENT
BONDS
WE OWN AND OFFER FOR CONSERVATIVE
INVESTMENT, HIGH GRADE RAILROAD AND
MUNICIPAL SECURITIES, YIELDING FROM
4.25 TO 5.50.
Brown Brothers & Co.
Fourth and Chestnut Streets
new york phUadelphia B0ST0N
AMERICAN SHIP
and COMMERCE
CORPORATION
Circular on Request
Chandler Bros. & Co.
Jlfr?i6er8 New YorJc Stock Exchang
34 Pine Street " 1338 Chestnut ,Stre
Maw York . FrrilftrJelnrtin.
t. f , "TV" r i.
l- s a
Thero was nn excellent demand for
oats, particularly from liouseb with
connections In the east, but offerings
were light and the market wns firmer.
The position of the cash article was
vtionj;, although the government's es
timate of the crop was larger thnn had
been looked for. v
l-cadinjr futuren Tanned as follows.
Corn (new delivers)
I Op.n Hlrh Iiw Close
- in. 1 nv 1 02 1.94
1.52 1 57 1 52 1 5(H4
FOREIGN EXCHANGE
New Yorli, Aug. I). The market for
foreign exchange today was steady on
very moderate dealings. Quotations
were virtually unchanged from the level
of the late rally on Friday.
l'rnnr cables were quoted av" 7.71!,
compared with 7. 80. the low yesterday
afternoon, and check 7.74, against
7.R-. Demand sterling was quoted at
4..'U, a gain of ijc from yesterday's
low, and cables shovjed nn equal im
provement nt 4.3'J:Ji. Lire were U
"points better at S.0S for cables and 9
for cheeks. Pesetas were 1! points lower
at IS.nfi for cables nnd 18.00 for
checks.
Otherwise the market was unchanged
I at 5.02 for Swit,s cables and (5.04 for
! checks. Guilder cables .'17. checks
.TTVs ; Stockholm cables 24.80. checks
4 ln fhrifiriniiin entiles !2.TO. checks
The weekly stntement of the Federal , at.r.O ; Copenhagen cables 21.1)0. checks
"'"" ''" '" an increase in war s-JUO; llelgiau cables S.O., checks 8.07;
llerlin cables 0.10. checks 0", compared
with 5.05, j esterday 's late quotation.
MONEY-LENDING RATES
PHILADELPHIA Call, 534 per
cent; time, n(ii0 per cent; commer-
cial paper, three to six months, iV4
5 l'1'1' cent, and six monUis C per tent.
LONDON-Money is quoted at 2
per cent. Discount rates short bills,
" 7'-10 fit o'Xi per cent; thiec month
bills, .". 0-10(fr.1 per cent.
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