"- tl- .". ' Yi Hv . riSV'-rrv vi i.'j. - 'tWii r-v,,?- tt! j "ity' EARNING I'.UBLIG iLEDGER-PfflLADELl'HIA, SATURDAY, APRIL 23, 1921 17 , IRADINGllSKIN NEW YORK STOCK EXCHANGE TRANSACTIONS"! ISSUES MOVE CLOSING MARKET Sw'rtchlng of Loadorship Gave tho Forward NJovemont a Fresh Impetus New Yorli, April -1. Tliore wns brink trnillng In todny'H abbreviated stock infirk,ct. Tlif forward rwImr wom well ntiKtalned, nltliotiRli pu'nctmited by pcriodN of lirylthncy and Irregularity. The line of least resistance, however, was clearly defined on the upward tack, wlilcli provoked another Wild scramble to cover on the" jinrt of the short Inter est In the last half hour. There ivns ii further advance In the oil shares at tho outset, but the price movement In the general list was comparatively nar row. This was partly due to about an equal division of short covering and profit-taking, Nevertheless, new top prices for the jenr worr registered by n number of the nctlve Industrial spo daltics. In the lost hour tho forward swing assumed n sounder character by reiiAon of switching of tliu leadership to such representative favorlt s as Heading and Tiilted States Hteel. Thr spirited ad vance In Heading was supplemented by'n vigorous buying movement In Northern Pacific and Great Northern preferred, the three advancing more thaiv 12 polntH within a short period. The natural as sumption was that the Interests, con cerned In the financing of now Hur Kngton bond refunding had devoted their energies for the purpose of paving the way for the success of the new Hurling ton bonds. Although recent leaders were rele gated to n secondary position, the wholii market responded and the last prices were generally the best of the day. Kteept to further emphasize the til Mn professionalism of the current pcciilatioi). no particular enlightenment was to be derived from the week's mar ket The llnreback vitii(sfl near the i loe of the week was the logical out come of technical conditions, rather than reflecting or foreshadowing essen tial change in the economic position. The immediate outlook Is still clouded by uncertainties tit home and nbroad and until these problems come nearer n solution it Is almost useless to look for r expect any permanent change in the market situation. It Is only fair to state, however, many competent ob servers are of the confident belief the corner has been turned, Kven If that be ti tie. on the other hand, influential hanking interests hnvc no hesitancy In stating that chances for the Inaugura tion or duration of a major forward movement in security markets Is very slim. In the. weeks events and develop ments, ample testimony vvns to be found to Imliititc the readjustment In tho in dustrial and commercial Held had not et reached completion. 'Reduction or omission of dividend has Ijrconio-ulniost a doil occurence. Knrning statements of leading Industrial concerns arc far from being inspiring. Set the fact intift not be overlooked that much of this ndverse news now becoming public property was foreseen months ago, mid at tills stage supplies ample reasons for the drastic depreciation of security values which iot many weeks ago seemed almost iinexplnlnnble. Measured by long established nd re liable precedents the current market by reason of the narrow ciicumscribed l railing areo is prone to become either overbought or oversold t quick- order. Favoring more the lntter condition by leason of the liquidated stule of the market and the preponderance of bear ish sentiment rtmong the professional tinders. I'ntil an equilibrium hns been established In the steel industry and the railroad troubles are ironed out mid n permanent Improvement hns been established in the money market and a genuine public interest awakened, it would M'etn n little shorl of nonsense of talking of a bull market. FURTHER RISE IN STORAGE BATTERY Local Interest Centers in Penn sylvania Dividend Action Next Wednesday Rleetric .Storage Hottery continued to hold (lie foremost position in (lie trad ing in the locul mnrket. although the dealings in the general list were more active nnd broader than witnessed for nine few days, especially on the half holiday session. Repenting the nor 'ruinncp of the preceding dnys Klec irie Storage Hatterv sold up to another new high figure for the. year of 118. making a net advance for the week ol 101.J pointi nnd lifl points nbove the low quotation of 1021. Tho buying movement was not heavy, but the sup 1 ly remained conspicuously scant. About tile only other notiee.iblo fen lure was the unusunl free offering of Tonopah Helmnnt, which was nil ab sorbed at 1. News that all the mines m the Tonopah dlstiict had been close. 1 down ns a result of a walkout of the miners following the announcement of i eduction of w.ies by the operators was icMiiiiiMblc for the selling. In the other locals, I'oujisjlvnnla Hnilroad remained rlrm .it the best price jf the week. Philadelphia Klectrie pre ferred was up and the new wnrinnts continued to bring A. Fractional gains wre also (.cured by I'lilted (Ins and Pnlon Traction. Lehigh Valley nnd Lehigh Navigation followed the animated advance of Heading in the New York market. The week's advance of nearlv ten points in Klectric Storage Hatterv was a refreshing relief from the otherwise uneventful operations in the local stocks. The optimistic statements con cerning the prospects for the compnnv'H business given to the stockholders nt the annual meeting was likewise pleasant reading compared with the discouraging disclosures made by the nnniinl reports of most all other Industrial enrpora t ons. Unfortunately, the icvlved en thusiasm in the trading in that stock failed to arouse Interest In tho other lieal securities, Interest locnlwi.se still centers to a large extent In the Pennsylvania Rail road dividend to be declared next Wed !i n5'1 ','v,'r before In the history of t io flniincinl world has the action upon niiy dividend been awaited with such keen Interest. It will have for-reoclilng influence, not only In shaping the gen eral railroad policy, but Is likelv to exert considerable influence regarding a number of plnus now under consid eration for new financing. Tho senti mental lufliienci) likewiso will be exten sive nnd. therefor,. In tun,.., ,........,. tive circles It Is generally believed the directors will give the dividend question very serious consideration befuru do eiuiug on the Issue, In View nf tho llllifn nitui.Kil ..r ....... financing which the railroads of the country will lie compelled to do a great Inanv pntnptnln tin. t,olt.. .. ..I ,i, I. . . i AW '"I nu illllllKI' Will t' made. Others who have been making fl Alnun .....!.. .. It i.. a .. 1 " wu-u rumi.1 m wio !.,.?. mid which ' ' 1 mil "itidn tts.untt )). ... i ut mnrket quotation for the stock loicshiidows a cut from u 0 to a 4 pur tent per nnuum basis. t)lv. ttnleij In i nidi "0 .. Adams Express 3W .. Advnnco numoly 1714 .. AJhx Ttubbcr 30 ,l22 . ' Alllc' com Dyo... M .1100 4 Allls-Chnlmers 38ft 8 Am Agrlo Chcm 48 ,. Am ncot Sugar nsi 2 Am'Uosch Magneto... ROM JJ" 4 Am 1) ShoelMy now,. 484 ,5 Am Can 3014 .22 2 Am Car & Fdv 134JT, 30" 7 Am Car & KVlv pf . . . . 1 Wo ? 0 Am Cotton Oil 3i 2 Am Druir Syn OH 2X2 Am "'do A Leather.. H 122 ' Am IIId & Leather pf 4Ts "22 4 Am Ico JO M22 Am Internal Corp.... 43J4 ;22 ' Am-La Franco Hng... lt'4 J"" 3 wVm Llnsocd 0 .21 Am Locomotive SK 2 7 Am Loeomotlvo pf.... 10314 i!J2 Ar" Sin-It & Ornln.... In ,022 .. Am Safety Hnzor r,yQ -I22 ..Am Ship & Com 8 "22 4AmSmelt&ncf 4014 2"9 7'Am Smelt & Hef pf... 77", 0D0 a Am Steel Foundries.. 2DJ', 2100 7 Am Sugar Hcf CI! 300 7 Am Sugar Itef pf . . . . I02s "00 8 Am Sumatrti 704 300 0 Am Tel & Tel 100', 3ft0 12 Am Tobacco 110(4 200IU 7 Am Wooloi 77'j 200 . . Afn Writing Paper pf . 31 200 ,. Anaconda Copper .... 3! 111 4 Af so Pry Good 31 Ji 1500 ',7 Atlantic Coapt Line... 78 1830 o Atch Top & Santn Fo. 8114 "JOB in All Oulf ft W I S 8... 37H J0O B Atl Gulf ft W I S S pf 3?l4 0 4 Atlas Tnck Corp 10 22 Atlantic Pet 21 100 .. Austin Nicholas -. OJi 11010 7 Baldwin Loeomotlvo.. 83H 300 7 Baldwin Loco pf 101 54 WW .. Bnltlmoro ft Ohio 34 Ji 100 . . Harnett Leather 37 100 3 Harnett Leather pf... 80 100 2. co Barnsdalo Class U.... 27 250 n Hcthlohem Stool .'.... SI 3JJ 8 Bethlehem Steel 87o pfl01 3TI0 b Pethlchem Steel n.... S054 300 . . Hrklyn It T ctfs of dep 7 54 100 . . Butto Copper ft Zlno. . Hi 2D0 .. Butto ft Superior Cop. 1254 tM .. Caddo Central O ft H. 184 000 o California Packing ... fo'4 1210 .. California Potroloum . n?i 2W3 2 Cal Zinc ft Lead fi 3100 io Canadlnn Pacific ....11254 4100 .. Central Leather ."054 100 7 Cennthcr pf 72 1030 a Ccrrodo-Pasco ..t.... 28H 5310 io Chandler Motors 3!4 28D0 4 Chcsaocako ft Ohio... 02' 700 . . Chicago ft Great Wc3t 854 O'O . . CM ft K III Fq T ctfs. 1 1200 .. chl ft K III pf ctfs.... Vi U00 .. Chicago Mil ft St P.. . 2?o 2100 .. Chicago Mil ft St P pf 3054 001 b Chicago Northwestern 0454 2330 .. Chl n I ft Pac 27H 400 O Chl R I & Pnc C pf. ni' 300 7 Chl R I ft Pac 7 pf. 7154 100 ofhl St P Minn ft O... A754 800 .. chllo Copper 11 1300 .. chlno Copper 24 700 .. Coca-Cola 27i 100 3 Colorado Fuel ft Iron. .10 200 .. Col ft Southern 3r' 1300 o Colum Gas & Klcc. . . . 12! 2J00 .. col Graphophono 8 300 7 col Graphophono pf.. 44 100 7 Consolidated Cigar .. 11 200 . . Consolidated Textiles. 1054 100 7 Consolidated Gas .... 80 H00 7 Continental Can 57 ',4 1001 .. Continental candy ... 154 0000 4 Corn Products Rof. . . : 6000 3. fill Cosden ft Co 30'; 4400 8 Crucible Steel 78JJ 1830 4 Cuban Amor Sugar... V3 000 .. Cubun Cano Sugar .. . 111 100 o Delawaro ft Hudson.. 9fi 100 io Del Lack ft Western.. 215 400 .. Denver ft Rio Grande. X 400 .. Denver & Rio Gr pf.. 1 500 i Domo Mines 10 Ji 400 e Fndlcott-Johnson .... 13 Ji 010 .. Krlo 133i 501 .. Krlo 1st pf 10 1100 .. Krlo 2d pf fiH 3230 8 Famous Players L. .. . 754 100 8 Famous Players L"pf. 'tDU 500 .. risk Rubber 13S 700 .. Krceport Texas .... 15Jn 100 .. Gaston Wms ft Wig.. Ha 30400 .. General Asphalt 70 JA 1000 -K Gcncinl Asphalt 110 530 s General Flcctrlc 13734 3470 l General Motors 1.114 2011 Goodrich U F 38 400 .4 Gt North Oro ctfs.... 20 54 2701 7 Groat Northorn pf. ... 72 200 .. Gulf Stnto Steel 27 K 200 7 lliirtmiui Corn 73'4 1000 1 Hupp Motor Car.".... 14 Jj 100 fl Gen Motors deli 0. . . 0514 110 .. Houston Oil 82 100 7 Illinois Central 88J4 7'i0 .. Inspiration Con Cop.. 5 500 .. Intcrb Con Corp t 10o . . Internat Agrlcul .... 8', 100 7 Int Harvester now. . .. 8014 400 .. Int Mcr Marino 13J4 700 0 Int Mcr Marino pf.... 63 700 .. Internat Motortruck.. 38i 100 1 Int Motortruck 1st ft). 71 103 7 int Motortruck Id pf. l 010 .. International Nickel.. 15 1890 .. international Paper.. Gt 100 a Inter Paper pf stpd.. 72 kj 000 .. Invincible Oil Corp... 2154 2500 .. Island OH 44 Totnl urIps. SSO.OOO nhiires. cumpnrcri with 1.0W 33M 1754 3554 4 54 38tf, 4754 38 60 H 4K54 20 54 123J4 112 22 0' 8 4354 5 4 43 11 4A 86 10554 10 6 8 40 7754 2014 0014 102 co 14 1(G54 no 73 .11 38 31 JS 78 80?4, 3014 3214 181, 2014 ' 0 F0 54 10154 34V4 37 80 27 M 10414 65 714 4 12 54 17J4 684 40'.i n 110V, 3154 72 28 IS 81 Tj r.oi4 54 38 C314 20 00 71 57 54 11 2314 27(4 30 35 12 8 1.1 41 1014 811 H4 "24 S854 7714 22 18J& 05 215 154 10 M 13 18 13 ?7 54 054' 1014 1554 114 C814 110 137 1.1 ?8 2914 70 27 7314 14 ;!4 80)4 88 3154 414 8 to 54 1354 51 3714 71 04 1614 59 72 54 V0 4 54 I 131 HI 54 54 '" . 54 54 1 1 154 !4 54 li 1 3 25 54 "A '4 . 2JiN 154 154 Today's Net Clou" CtlRP. 31 1 1754 3554 60 r 48', 113 r 22- 054 8 44 60 I 4314 -111 4 40', I 80 10514 10 - 6W 8 4054 77 54 20 P0V4 -102 - 1014 I- 14 10014 . 110 77 54-1 34 4 30I& 31 JS- 78 8154 4 37 3254- 10 A 20- 0 - 89 54 10154 1 314 37 80 27 64 104 5054 754 4 1214 I8I4- t.a 4014- 6 I 111 1 35 72 2814 82 54- 02 -1 854 261, 3014 C114 27 54 0l'4 7154 5714 11 21 I 3514 1254 8 14 41 1014 80 67 54 154 r 23 - 18 05 215 - 1 10 u- 12 10 13 - 18 f05'4 10 1514- 154 -J814-1-2054 I 72 -27- 7.154 3' 14 TH 5'4 07 54 82 88 I 35 4J4- 8 f 954 -.17 14 -74. 04 16 I-0014-72 54 -0J6 f 1 Sales 209 100 4600 010 6010 000 10 0 1C01 000 100 1500 I) Iv, Int Hlith Jowot Tea 0 JoWcl Tea pf 20 Kansas City Southern 2714 Kansas City So pf... . 60 Kclly-Sprlngfleld Tiro. 48 Kclsoy Wheel 65 Kcnnecott Copper . . . 2014 Kcystono T ft It 16 Lackawanna Stcol ... 60 Lncledo Gas of St L, 47 JJ 2 Leo Rubber Tiro. 000 3.S0 Lehigh Valley 200 600 100 1509 510 700 400 100 100 200 20200 030 11500 1 800 230 200 2400 1600 1000 200 600 1200 ' 100 100 .100 .100 200 1100 Limn Locomollvo ,,, 12 Liggett ft Myers, . . 12 Liggett ft Myers II., 2 Loowo Co 1 Loft Cnndy , . Lo08C-Wltcii Biscuit . 10 Manntj. Sugar 2 Marlln-Parry , , Maxwell Motor 8 May Dept Stores..., 12 Mexican Petroleum . 3 Mlfunl Coppor 00 Middle Stntes Corp. . .. Mldvalo Steel .. Minn ft St Louis. ... .. Mo Kansas & Texas, . . Mlsnourl Pacific . . . .. Missouri Pncltla pf., . . Montgomery Ward , 4 Mulllns Roily . . National Acmo . . . 7 Natlonnl Biscuit National Con & Cable 0 Nnt Fnam ft Stamp.. 0 Natlonnl Lead . . Nov Con Copper 10 New York Air Brako, B Now York Central... 28 . 60 . 7054 .15314 .145 . 18 . 11 . 37 . 76 . 15 54 . 54 . I5'4 .162 . 22 . 1614 . 2814 . It . 2 . 1814 . 3854 . 19 . 2414 . 22 .120 2OO.2. bo New York Dock. A 54 1 54 114 H 154 154 54 54 54 ?i 54 1 1 1 54 54 14 54 1 54 54 314 54 f 54 54 54 54 Vt 154 54 2590 200 000 62C0 000 6011 100 100 200 1170) 7200 .110 6700 310 300 400 1200 400 2330 200 2000 100 200 103 100 300 100 01 1300 12900 500 400 1800 3500 B 1600 1300 300 2700 300 600 10300 200 4100 4600 300 3000 300 100 300 100 000 500 18310 100 2011 1010 8500 13229 2310 3201 100 1810 100 0300 3030 03)0 100 200 J S200 2030 4700 3100 0.13 10310 400 223 10 201 1010 1030 200 100 100 1430 200 200 too too 100 2oO .111) 3230 5lfl0 a 000 10,1 200 2i)0 NoW York N II ft H, 1 Now York Ont ft W. , 7 Norfolk ft Western, 1 C054 7554 12 73 C0 .10 '4 1714 1754 on, 7 Northern Pacific 7514 .40 Okla Prod ft Ref. 2 Orphcum Circuit 8 Otis Klovator . . . .. Otis Steel 2 Owens Bottling ...... .. Pacific Oil 0 Pnn-Amcr Potrol .... 0 Pan-Amor B 3 Pennsylvania R It.... .. Pcnn Seaboard Steel.. .. Peoples Gas Chicago. .. Poro Marquette 3 Philadelphia Co ..'... .. Phillips Pet 204 .. Plcrco-Arrcnv Motor.. 34J4 8 Plcrco-Arrow pf .... . . Plorco Oil 8 Plorco Oil pf .. Pittsburgh & W Va.. 1 Pond Creek Coal.... 8 Pressed Stool Car. , . , 8 Pullman , 0 Punta Alegro Sugar. 4 Puro Oil Hay con Copper 4 Reading 2 Rending 1st pf 2 Reading 2d pf , 0 Republic Iron ft Steel, .20 Royal Dutch N"Y .. St Louis Southwest.. . . Saxon Motor . . Seaboard Air Lino. . . 8 Bears-Roebuck . . Seneca Cop Corp .72 Shell Transport .. Slnclnlr Oil 0 Sloss-ShefT ,..., 4 Southern Pacific . . . . .. Southern Rail f Southern Rail pf. ... .. St Louis San Fran . . St Louis San Fran pf . B Standard Oil of N J. Stand Oil of N Stern Dros pf. 354 . 20 .135 . 12 '. 48 . 30 . 1.1 . 05J4 30 10 4 1814 32 . 77 . H'4 . 72 . 27 54 . 15 . 80 .100 . 4254 . 30'4 , 13 71 . 41 . 41 , 0014 . 13 . S7 . 0 . 614 83 , 1 , 42 1 ; 27 , 3914 . 75 . 22 . 6554 2214 30 .155 J pf. .10814 .108 4 Stewnrt Warner Sp, .. Stiombocg Carb 7 Studobakcr .. Superior Oil Corp.... 1 Submarine Boat Corp. .. Tcnn Cop ft Chcm.... 3 Texas Co .. Texas co rts .. Texas & Pacific 1 Texas ft Pac C & O. . . 10 Tidewater Oil 0 Tobacco Products .... . . To! St L ft Wct ctf3. .. Trans Cont OU .. Union Oil 10 Union Pacific .. United Alloy Stcol.... 8 United Fruit .. United Rwy Invest pf. 3 United Retail Stores. . ..US Food Products... 8 U S Ind Alcohol ..US Realty ft Imp.... 8 U S Rubber 8 U S Rubber 1st pf... B U S Steel 7 U S Steel pf 4 Utah Copper 4 Vanadium Corp 4 Va-Cnrollna chcm ... . . Vlvnudou Inc ....:.. . . 'Wabash .. Wabash pf A . . Western Maryland . . . . West Maryland 2d pf. . . Btern Pacific 4 Wcstlnghouso B ft M. . . . WhocllnB & L 13 Wheeling ft L K pf . . . 4 White Motor .. While Oil Corp .. Willys-Overland . . Willys-Overland pf . . B Wilson ft Co 8 Woolworth F W fl Woithlngton Pump 8 30 87 714 0 54 1354 254 31 2854 17154 6214 10 t 12 23 11754 31 1C0 234 5254 21 CO 40 76 54 102 63 11014 51 30 30 0 71, 20J4 10 "54 27 4714 8 54 10 lO'J 17 54 35 12 115 40 shares yeaterdiy. Thus, far tills week :i,'HI7,tl3 Kharr.s tow fl 20 20 4914 4314 62 2014 16 40 47 J4 28 40 75J4 149 145 1854 11 37 7.1 1614 614 01 140 54 21 15 37 10 2 17 37 185-4 31 2154 120 1 CO 54 7514 11 73 854 3014 17 17 54 05 73 3 2016 135 12 48 38 82 06 3514 10 40 18 3154 28 J..T4 75 10 72 2014 16 80 10514 4214 35 13l4 1:014 4016 4116 59!, 12 2014 5J6 814 sr 16 42 27 39 7414 '-0 55 21 2014 155 10814 108 28 3844 85K, 8 754 8 43 354 2014 27 17154 5114 10 1214 22 115 31 100 nt 6?!4 20 1714 4916 74 54 101 !6 M14 urn r.i 30 30', C 754 20 10 17 20 54 4714 !4 10 401,4 J 7 54 8 54 31 (i 42 115 40 Today's Net Clots Chto. 0 203 2714 1H 60 Va ? 42 54 65 7 20y4 15 - 54 60 1 47- . 54 28141- 54 60 54 7054 154 15314 814 115 - 5 18- '4 11 - .17 - 1 75 2 1514 54 ' 616 54 01 '4 151 2 22 15K, . . 2814 54 11 a - 54 1854 38J4 154 19 24-54 3154- 12014 .. Ii 54 co 14- 7514 1 12 54 74 - 09 114 30' .. 1754 54 1714 95 314 7514 254 .1- 54 20 135 12 54 48 38 - 14 7354 l'4 C&14 1 35 54 10 40 1814 54 3114- 54 28 34 - 75 - 3 11 - 54 72 2754 15 .. 80 1 100 1 421', .. 35 56 1314 71 214 41 41-. 2 0014 t3 - ?7 114 0 - 654- 81 15 - 42- 27 54- 54 3914 75 114 22 J- 114 5514 54 22 114 30 154 155 4 10816 16 108 1 28 16 381-4 - 14 80 5 8 56 754- 14 054 1- 4354 254 31 f 1 28 171J4 154 5114- 54 10 a 12 . 23- 54 11714 1 31 H 100 - n, 22" 61 I- 14 2014 JJ 0 116 49 76 102- 14 '3 4 114 1 ioy i6 54 1 30 30 0- 54 7 54 54 20 h y2 10 " - 27 1 4714 .. 814-4- 54 10 1514 10 u 17 16 8 I- 54 35 1 10 LOWER LEVELS Demand Slackens Standard Oils Quiot Bonds Firm and Unchanged New York. April 23. There wns a Kencrnl caning off In thc demand for stocks on tic Itrond Street Curb In thr two hours of trading today, and price movements generally were to lower lcveK There wero n few exceptions, how ever", Hethlchem Motors fieinc in belter demand, moving ill) to '-M.. nnd their was continued buylnc of Sweets Co. by strong Interests. The Stimdnrd Oil issueg were quiet, the only trailing belnp In Standard Oil nf Indiana, which roused from 74 to 7-1 :5i . Klk Hnsln wns the mot active of tho Independent oil stocks, beitiR in supply for profit-tnklnc purchnses. and yielded to lMi from its level of 10, ut which it sold yesterday. Hlmms Petro leum ranged from 8'4 to Sj. " .Southern Coal nnd Tron was in sup ply, probably in connection pith the proposed issue ofVnew stock, anil de clined to 7',4. ChlciiKO nnd ICastern Illinois common sold nt U01... Iinnttg traded In on the outside mar ket were- eencrnlly firm nnd without nuiterliilichiiineo In prices. INDUHTIUALH Armc Coal Aulo Fuel Heth Motor 1 Celluloid pref Com FlimncB L'mplre Food Intl Ilubber t'prfretlon Tire Ilndlo Com , . . . . Iliullo Com prf foulhern C I Hwrets Co U H Khlo L H Stcom (STANDARD M.imlsird Oil of Ind New York Bonds Amn Smlt'e ft vllcf' at 2 .... 70 fl 7014 2 .. 71114 Amn T & V clt 1.. .. it Amn TIT fi tSAI.nfl I.V 11000 8114 . 81 H . 82U 8214 & T 0 . f0; . 00 . tioi . oon ..(, . 00 4 Writing 42 116 49 'i I Commodity Markets GRAIN MARKET Chicago, April IM. Wheat started with May unclintiReil to Vic higher, while Jul) wa , lower. Trade wns very mndeVnte with commission houses fnvorhiK the bu)iiiK side, while locnls sold. Only Miinll quantities were truded In. Ueccipts inspected yesterday were forty-two cars against four cur, last car. The cash market was firm, with premiums on red winter grades firmer. The domestic milling demand wns fair and epoit Industry moderate. . Weather repoits show generally unsettled weather conditions over the West and Soul Invest and prospects lire for continued smull receipts. Country offerings Io arrive are moderate. Week end evening up is expected to hold ad vances in check, but sentiment is more optimistic than It bus been for some "com started Vo to '" lower for Mas : unchanged to 'fce lower for July nnd September unchanged to 'io lilgner. Vrade was llgnt an 1 icuiuiuiyB-i with locals awaiting developments in whent. si.... ...,im iniilinni!eil to uc higher with 11 light trade and tinned up luUir with other grains Wheal May July Corn May July Oats .ry July l'ork May July . I. urd May . . Jul) ItlbH May . Jul . 11M. Open 1.30' 1 07'i iW'i ,'lh'l, mi Mi HlRh l.a'JHt I.OS'i I'? 111' fl .W4 311 I.ow I 111, l.oilW (10 V, iia 38'i ay 4 I'loj" I .1ll l.iiTVo llt'4 03. as' an " 10.20 10.25 10.20 i'.tii'ij in ai to". 22 15 7:. 10.25 H.b2 10.25 . U.25 , -II. till (1.35 11.70 II 25 11.50 11.30 U.U7 COTTON MARKET New Yorli, April '-'.'I. The cotton mnrket opened dull at 1111 advance of 1 to (I points today, but later deel oped strength, and activity on a broad ening of commission house trade uud special from several local professionals based on fiiinni.s in securities, nil un favorable weather miip, reports of an improving fmeign demand for the spot nrticles, bullish Undo advices from Manchester and a more hopeful view of the foreign political and labor situa tion, l'rlccs rose In 11 level 1(1 to 'X points ubove tlie pievloiiH rloM', .Mil) touching 12.0(1. ,,, . There was further switching from May to July und Inter deliveries. Wall street wns a bii.ier. Southern wire concerns sold on the rise. Throughout the forenoon the mnrket held well on continued covering and at times 11 government bull support, (los sip hod it that a lending Wull street operntor has covered a short line from 1(1,000 to 115,000 bales of May. Tills bit) lug explained relative strength in the spot months. The position soli at a net rise of 'J.1 points, against 11 gain of -'( to 22 points on later deliveries. Telegram from the South snid that a considerable inquiry for the actual wus In the market at just under previillluc quotations. I'rcvlous CIi.no open HlRh Mav It s5 11 (IS 12 II JulJ . 12 III II' 511 I'.' T'.' (iciulior M M i:i IS 1:1 31 December 13 Ho 13. .11! 13 sn .lanuiiry . 13 77 . I I oj .March . 1 1 07 1 1 OS 1 1 31 .sput 12 L'5c f'loo 12 03 ! flJMil;, 13 25 ',1 27 i.1 73 13 Sll I3.l3lnl II US 1121 11 IIS 12 50 13 IS 13 52 FOREIGN EXCHANGE New York. April 2;t.- Quiet trading marked the opening foreign cxchnngi market today, with a continued en"y tone in tlm iirlnclnnl Kuropenn ex clinuges. Sterling, however, showed 11 fuictioiinl ndvance of 1111 eighth, while francs held about linu around Friday's closing figures. The quotations were: Sterling cables .'I.IIW, . demand n.O.1! ; franc cables 7,.'I0. checks 7.211', ; lire cables 1.72, checks 4.71 .'.; Swiss ca bles 17..'!2. checks 17.:i(; guilder entiles .'I1.S7. checks :i4.R2 ; peseta cables J.'I.Ml, checks l.'I.Slj Stockholm cables 2,'l.(10, checks 2,'I.(U ; Chrisiiuniu cables Ifi.K.", checks 15.80: Copenhagen cables 18.08, checks 18.0:t: llelglnn cables 7.42V... checks 7.4iy( : marks l.."0. Tho roto of premium on New York funds in Montreal was 12,'!-1(1 per cent. The rnte of discount in .Vew York 011 Canadian funds was 10 l.'i-lll per cent. Central Kuropenn exchanges were in nctlve today. (Jreek was (I,,","; Aus trian, .27; niilgarlan, l.oll'.j; Itiima liiaii, 1.57; I'ollsli ,i:i ; (V.i'clio-Slo-vuklu, l..'l(l; Hungarian. ,!l7!)i. YKHTi:ittAY'H FINAL QUOTATIONS Hli-rllnir Franc I.lro (lullilorn Ilemallil I 112'i 7 2S 4 70 34.111 CuLloi 3.(13 7 30 4 72 34.74 TODAY H OI'llMNfl QUOTATIONS Merlin Francs I.lre OulMnr Demaml ... . 3.03 7.2II1, I71'i .118" Cable . .. 3 03' 7.30 4.72 34.87 CI,OKl.VII QUOTATIONS Kterllnif Franca 3.03 7 30 3II34 7 32 Di manct Cables I. lie (lull, lorn 4 7H 3 72 4 75 31 S2 Drompton Pulp Dividend Cut Munirral, Vprll 23 At a illreclom met Ine of tttn llrompton PuId und Paper Co Ltd,, the dividend was cut frum 17 to H, " Philadelphia Stocks Uleh 1 1 " Am Strs.. ri4:), 20 Am Ons,. x fOO KlecStor.117 VA ! V x A 211 10 ,.lke Sup S.7, ' j.eli v. (HP. 12 I.ch Vnl.. ri(p" I N"r I'n.. 71 I'll Cent r.i 2S 117 2! I S oil ."0 71 , Net Clo chge. 3 US 11 1 20 .. . S'V. on . . jO'il', 71 -fl p. t ll.. -f nc i r, ,.'" '''- l;,l2 1 H '. V .-. .-,ia; u 20 l'liila ins Wire. . . 105 I'll I la Co eum pf.. 15 I'hil KIpc 100 do pref.. Ml," do war. i:i."0Tono Ilel. 1 12 Cii Trnc. 2:10 V C, I... lOOtCX Steel :1 West .Ter & S.... :i2'.. 2iv; 20 Ml H2' S2 .10 :i2'.. 121 "I 251', 1 .I2"'i .S214 :i2i,..4- 2Hji 2(1 4- I0i.. .11 :i2q, S2; & Id .10 0n30H.aroTcaahTh"Uf;!,r,',rr,7!.'1 ""J1 27.1105 uliarea, flir tMa wvfh- JNot cliiins madn hy comparison uiih 1... al on New York Sioclt K,clVn!m" ' ' I'MII.Mir.I.llUA IIOMis 50 Liberty 2d 4',s 50 Idbertv .1.1 .11. k IfKlO Victory 40.K..... 100 Victory -Bis OOOO Itell Telephone 7s 1000 Ilel) Telephone 7s 0500 Klec Si 1'eo 4s. . 1000 I.ehicli Viilln iiT,. (t OOOl'hlladelpl.ia'Klec 1st fiV.V -000 Spiinlsh-Auierlcan On. . 5000 Spanish-American (Is. . . 1000 Welsbnch 5s ... 87. .10 00.. 10 .lots 07.48 07.. 10 1033a .lots ..lots 10,'lU, 5(1 108 84 Vi 07-1J iS8" Total, 2S 700 ramp.m-,1 with 100 450 jeaterday. Thui far !hla ,eck ItSl'uoi). BANK CLEARINGS Itank ilenrlnga today compared wlili cor rrBitondlnu dut laxt two jeara. 111'.' I 11120 liiui Nh,"vork KMaSK "'''"" .I10Vl0l Hi.ltlniure II 11111.1K11 15.ins.3su IIuhiiii . I2.SIH 0(15 110.253,01)1 , Raw Sugar at New Low , ?"'"' ',"k' ,Alu" -M Thc rBW ""tar mar ket continued ruat. prices eatHlillslilnir a now low record for the pre.enl dnwnunrd inoiement hue cierdy when 22.0011 baiia l'orto Hlcoa sold tu the FederiilHuenr lie" llnlnir Co. ut 5.02i . 11 decllim of c a pound a compared with I he laat prevloua mil Of tie hImii, iiiiiuiu 1 a 11110 bins no, I " noil Ihikk Hie for aliipincut the lliai half of next month llierr wue no Imnoriminnii an nounPod crlerdnv Tha locnl reOnfil liuukel In unchained bolh uh tu londlllnna and , II K, IIIrIi 13ow a. m. Mi m IS 41 It 41 2H -",1 -" 20 S 20 H 20 t 20 20 20 i 1 tV 2 II 0 II 1A 1A 1A; 1 1, I'i, 2U 2', 2'. S H S 34 3S .1". 4 4 . 011-s 74 s 74 S 7I, INnKTENUENT OIIX .ll'eil Oil All.-ltulc l'etrol . Ark Js'nt Una rta lloone Oil lloston Vynmlnr . Carili Hjndlcaln Clilta Servlco "ll' Der.nv oil Klk llaaln l'etrol . . f.rrlnecra" l'etrol . Federal OH Ouftcy ailleaplo . . . Int' rctrol Kejctnnn Hunger , Marland Det Oil . Maracalbn Oil .... Me)lco Oil Noble Producer & Ueflnera lied Itock Oil Salt Creek (new) . Skelly oil Tnxon Fn Texas Oil .... t'rllcd Itoyalty ... Victoria oil (new) . Y Oil ctfs. 12 11 ' 4 I 13'4 15S ' 1 '4 IS 1 31-32 8',4 Si. 30 30 t 1 11 i II", 14 1 Vi 1 '4 M4 12H 124 17. 17S 1 '(. 1 24 4 24S 31 H 3ll'i 4,' ' a k t2 1 sa 30 1 in, i t 2I' 30 I,'4 t 13 HIMMI Columbia . . . It ,:: 1 . Amn 1 . T. ! 4 . 1.. 1.. Am'n Paper fl 1 co; 3 004 S . .. 70 Armour 4V4a 1 70: Atch Topeka 4 H'o. Fo a 1 nov 2 00 Atlantic lief ct OttB 2 . .. 004 Cuban Amcr'n Bugar 8 I.... )O0 ,4 2 lOO'.i 4 100U 2 . 100H Del & Hud 7k fl.... inO'l Denmark Con ct A Si 2 08H 3 OSN 1 0U Denmark Con ct II 89 2 OS'i 3... . OH'i Do Canada '21 20 00 ? Do Canada 20 0 01S 1.. .. 01 2 02 i.... om Do Canada '211 1 02 1 02 2 02 Do Canada's! 1 DO nss 004 no ooh 004 now 1 4.. 1 . it h f. s.. 1. 1. 00 no no 118 no 08 n't OH 1 . 1.. 1.. Duq n . 1. Halt ft Oh'lo uv no4 ons 00 4 oo no s Ohio 34" 814 82 82 Halt & Ohio 4a 1 00 2 004 Halt ft Ohio Aa 1.. .. 0 Halt i. Ohio 0a 1 . .. 884 1 884 n & o p 1, k A W Va 4s 2 04 It ft O Tol 4a 8... . 84 80 ... 00 .. 00 Light Oa ... 884 .. 80 llrlr Uenl I.len 40: Ilrle It 11 cv D r... . 40' Hrle l'enna 4a T2": Cene'l Ulco 3s 0.. .. Hill IGenel Ulec Ca 2 tno; 2 1004 .. 1004 Omo't F U a N'n PaolOo 3a 1 Bl. 1 . . . . S5 Oregon B Ij 4 s 1 80 Oregon S I, fl 3... . 0fli Oui-W'n It Co Navl Co 4a 1. . 704 Pno Coast C fts 1 .... 70 Pac O ft U 6a 1.. .77 Pac Potter A I.lKht As 1. .. 70 l'a rilt en 4 4s ... 80? Pa U Kin 4 4s 4 :. 704 4. . 704 Penna It 11 Ss 1... 84 4 Pa It Ifil 04" Hell T 1 08 'i 084 084 08 K 08 S PR 4 (184 084 084 1184 7a rets 103 4 10314 II Copper M 0s 2 81 nrkn llapld T ct 7s sta 1 . . .10 Duf ft Hum I Comp'y Ss 4... . 81 , Canadian N 7s Aiarkn-Ilrlt .vilania Ilooth Poaton ft Montana Caled Mlnlnit Candelarla Jtln Cons VlrKlnla , C'ortez Hliver Crenson Gold Crescent MacNamura l.mma Hllver Kureka Croesus Eureka Holly Ooldlleld Com OclilMnld Development . . . . Oreat Hend Iron lllnasom Jumbo Kxt MncXamara Marsh Jtlnlng Mother Lode Mother Ixido (new) Nr.ilonal Tin Nlplaalnir North .Star Ophlr Silver Prlnco Conn Hex Cona Rochester Mines r.,, San Toy Silver Klne Dhld S Silver Lead SI Croix Succesa Mlnlnir Tonopah Helmnnt . Tonopah Caah Hoy Tonopah Jim Duller.,, Tonopah Mldnay . . .. Tonopah Mmlnir Tnnopnh Mlzpah Tonopah Montana Tonopah Ileacun Kula L'nlted Eastern Victory Wllbert ; onis Amer Aerl Chem 74 s Amcr Tel (is 1023 Amr Tel (Is 1U2I Anacondrt 7 1U20 Armour 7s Can Nat Hy eq 7s Copper Uxport 8s 1025 Orand Trunk 04 s Oulf Oil 7s Holnz 7m Inlerboro 7a Morris ft "u 74s . . Seara Iloolmik 7a 1023 Poulhwejt Hell 7a Stand OH N Y 7s 1H2H Slund Oil N y 7 11120 Stund Oil N Y 7s 1 1131 Vacuum Oil . . Western IIlcc 7s 4 1 .1 02 10 24 7 73 14 111 07 1A 7 ir, a 14 . 43 4 . 04 3 "a 1 3 ir. 5 7 15 I A !i s in -". 3 t 117 07', liil'i 1134 1104 100 OBJ, Illl'i IIS 75 4 (H5 0S oil'a int; 1024 101 mo 9V 1 3 01 HI 20 70 ,,A HI 15 II II 3 13 4 3 14 4 ?4 4 2 . J" 7 13 1A H s 10 24 3 07 IHlt II3J, 004 1110 004 04', OS 75 IIS'. OdV, 004 int, 102 104 100 nt 10 -J 73 14 10 A 15 II II A 45 14 3 14 A 74 13 1A ll s Id 24 3 I 07 07', urn, 1134 ("14 Inn 0ll. in 4 iiii us 75 lis', IHl-S. 0114 lop, 1024 101 1(10 on 4 Philadelphia Markets WHEAT Receipts. 113.002' bush Market steady at lulj advance. Car lots In expur' elevator No 2 red winter. l..V1l.,-,s, .No. 2 red winter, itnrllcky, Sl.4401.lli. Other Bl-ades ouoted Ht tho following; schedule of dlacounts: Mixed whent. 0c under red win ten No .1 wheat 3c under No. 2; No. I whent, 7c under No. 2j No. B wheat, lie under No. 2. Sample accordlnK to quality. LOJtN Receipts. .1114 buah. Firmly held Car lota In export elevator No. 2 77 if 774t. No. 3 74J(744c, No. 1. 724 iT 73c OATH Iteielpm. 3702 buah. Steady ut nient aiHunte Car lots us to location No. 2 white. 504 41311., No. 3 white, l4 ',1 rsuo. No. 1 whito inm.4ii4c. FLOUIt Itecclpts. 1.108.078 lbs In sacks. Quiet tut steads The quotations are as follow Pur 10d Ilia, packed In I41MI1 iu.'S?A'k-Hr H9ft wlnt. Birnluht. western Si ...own i3, do. do. nearbv. 111,25 Wil 50 hard winter .siralght. 17.7.11(8; do, short imleni. Js.2.1(IIs 30. sprln. nrst. clear. SO 21 Wll. 7.1, do puteni 7(i(IJs.l5: do. .hurt potent. JS.4I1W8II3 fancw sprlnit and 1 In lellH p-vient. fiinillr brands, in.uSOlu Hi. Hour s1fs.3o "' PIlOVISIONS-Sold slowly nl recently re vised prlceji. QuotatloiiB Heef, In Ci, smoked and alr-drled. .lie, l,f. knuckles and tenders smoked and alr-drl.-l ,1"e pork, fnmllj, 113. hams. S P. cured ' looas' 23fl2Hc, d'.. skinned loose. 224 r'.'34 ' do do, smoked 214 41254 r- hams, boiled Imne less, lc. picnic shoulders H p. curt, loo.e 13c dc. smoked. Irtc. bellies, In pickle looac llie. breakfast bacon 2to, lard 124r IIUTTKIl Sharply declined. SolTdipAcked creamery, extra. 1,1c. fancy, hlnh-scorlns K'-oda. 410411c. exlra tlrats 4142c. firsts a7W41lc, seconds. 3l3ilc, (rarllcky, 25f430c' sweet creamery, choice to fancy, 4,ini7 fnlr to irood. 31 Wile, fancy prints, jobblni. ill n3B5c. fair to choice, I.10.V.V J0DDlru' KlItlH egnln c lower Quotations were Nourby tlrsls. 204 c, current receipts "fie western, extra Urate. 214crnrsts, S.1V'n"ik' southern. 22 (f 2.1c. fancy selected eicis T.,1. blnit at OSIfHilc, fair to Rood at 204J3le UHKE8K dull and wak. New- v. ik whole-milk lima fancy, held. 27i2Se do fair to Bjd. held. 23ir2dc. do fnncj frelh 2122c. da cvnimon to fair, fresh. lnL'0e lonuhorns. hold 21 22c, do. fresh "i 22e. slnsle da'slos. held. 2728c: do lr"eJ.h mauZ' ialMnu """"' of fancy """' ''"''" nVi: POCLTHY Fowls Fancy fat i eil.'le. medium, 2i30c, Inferior. 271r2s, sprln chicken. broilers, Koo,t quslltv welphlPB 1W14 liunds apiece. ntOT.le prlntc fhlckens, Leghorns, welching, 1 11 1 u pounds apiece, OOffiklc, roosters 18"iv ducks, while Peklnif. 31MS2C do mixed colors. 28r30c. ilKe..ns. per pair, .i.1l loe . DHKSHKD POl'LTUY Fowls f resh-kllle ,T :ir-pleked, . In boxes-Weighing I i 4 li pounds nplece. 4no, welichlni.- 3 pounda anil over apiece 383'lc. welghlnc 34 m"un, nuiiaic- welghhm 3 pounds, 3lifilllc r,,w ' fresli.kllljd, In hrels, dry-pick d-w" Vh' ln 4WI4 pounds aplote, dry.packed 3lle vvelghtnir 41CI4 pounds apiece, Ict-piiiked' gj'r- tJ'L,,,,"'1 "I . r"";s nd over apiece a74tf3So. vvelBlilns .14 pounds. 3,lif3. welBhlni: 3 p unds nd under 3l;.1Jc Old' roosters div -picked, western. 27c. do do routhorii. 2llc ' ' Today's Range In L.uerty Bonds It KM Low Close sn. ill m.:m si).:io S7.-10 S7.10 K7.-10 S7.5S S7. 14 S7.4 1 S7.iVJ S7 1U S7.UJ 1MIr.II 'Ml 10 !lll..-,(l S7 OS ,' IS S7 ,".tl m.r.2 !i7.-)0 irrno 07.52 07.18 07.60 I.lbert.v .'l',-.s ,, Liberty -il Is . I.il)ert 1st l,(s I.llierl.v LM l'.,s l.ibeio 'Ul 4' 1 Liberty -Itb JV, Ale Notes 3,b , A lc Notes -18 , 1 1014 1014 101S 1014 1014 1014 1014 1014 1014 1014 CenM of Cla en 1 834 CII of Oa 1st 1 . . Sll Cen Pen 0s 1 . . 80' Centr'l It II of New J Ss 1 .... 0SU Cerro de Pasco Cop'r C R4s 1 74K 2 744 Cerro de Pasco Cop'r C 8s 1.. . 107 4 2 .. 1074 2. 107 4 C ft Ohio 4 4s .1 73t 3... . 75 'C'k ft O cv lis 824 O Swldr rets I. .. 1034 1 1034 2. . 1034 .Granby Con M 8 ft r Co 8s n en Od Tunk rets 1 101 U 1 . 101 t 1 . 101 ,. Hud A Man fd 2. . 0,1 2 034 I. ... 004 I OS 4 Hud ft Man In 14.. 7 . .1.. 1.. 1.. 1.. 1.. 1 l" 1. 17 23 1 . 33 H 3 . . I.. 1 . 1 .. 1. . 18.. 8... 1.. V nss or, 4 054 ti.14 034 n.14 ns4 004 05. n.i' n.14 n.14 (154 n.14 ti.i 4 054 115 0.1 '4 P.nna H H 7s S 101 Peoria ft K 1st 80 Pere Marqt ft. 3... . 704 Phil County cv 2.. .. 03 2 . . . 03 ' Itep Chile rets 12 Oft rtep'c I ft S Ss 1 ' . 83 Rock I'd A ft Loura 44" 1 054 3 . 0.1 4 Ht L I Mt ft S Il-. O dv 4s 2... . 071 ft S NEWYORK BANK STATEMENT Heavy Contraction In Loans and De posits Excess Reserve Ma terially Reduced ToclnyV fitntenient of tlie New York rienrliif? Honor. Institutions showed it lofts of .$12,7(l!),0n0 In rcervc credit ut the Fcdernl Heserie Honk. Tills offset tlie reduced llnbllltles In the cotitrnctlolt In deposits of f-Ci.iMH.OnO, untl resulted In 11 loss In excess reserve of Stl,847.fitMJ, ienvltiB 1111 nctuitl surplus over lesnl re- f- tltilreinunts ot .?!l,ilM),;iil. uespitc 111c week's broader denlitiK.s in the stock market nnd cnsiiiR of the cnll-lonn rnte lonlis nnd discotintH were cut down .$(IS. (KtO.000. Uetulls follow : AVnitAOK Excess reserve Agg-renat" reservo lians. etc... . Cash In vaults 11 n d member banks . .". Ileservo In mem tsr banks and reserve barks . . Reserve In state banks and trust companies . . Reserve In stain ' banks and trust company deposi tories Net demand de posits Time deposits t'lreulatlnn 'United Slates deposits cieuucieu This week 110,2111,3.10 oOii.Mli.non Last Week H12.352.3HO r.05,IIS0,0llo 4.778,800,000 1,810,078,001) 81.108,000 82 0H.000 IS2.472.000 197. 880.000 li.j187.000 n 070.000 8.800 000 8 718 OOll 3.007,5.10,000 3,721.850.000 2lf.2IM.00O 2IO.184.Olll) 31.002,000 31.05.1,0011 141,257.000 sn.Aoo.nao ios.374.noo Last week till. 138, 1MI M0. 02 1. OOO 4.733,021.000 I.S23.0.14.000 70.110 000 70 0.10.000 130,040,000 ACTt'AL This week Kxce.s reserve Arurecale rs Loans, etc. Cash In vaults nnd member banks . . Reserve In mem ber bands and reserve, banks . Itesvrve In stale hanks and trust companies Reserve In state banks and trust company depos itories Net demand de posits M.ns.1,391.000 3. 727.010. fK)0 Time deposits 244.71S.IKIO 241 734.00(1 Circulation 3t. 300.(100 3l.73S.ono I" S deposits deducted 111.20S.000 1.11 711 000 480.I0O.OOO 102 010 000 0.303. 000 8.800.000 8 001.000 S.7I1 000 3... 1.. 3... 3... 1. 82 82 82 824 82 4 S3 4 2 (sale) 824 1. .82 5.. 824 ChlraBO Ilur A U II 34s 3 . 72 1 Chl 1 1 1 1 30 30 no 301. 30 38 ,10', 30 30 3114 30 30 30 30 30 7 . .. 30 4 7 . . 304 III Cen'l 4s 'S3 0 70 India Sleet As' .1 . 00 Int Met ct 4 4 3.. .. HI ti. ... 10 lntboro' n T fd 5. ... 074 5 .37 4 .1 . 67 4 1 . r.7 4 2. . . 57 .1 .17 1 M Marine 0a 1 ..81 Jap Gov't lat 824 82 82 824 Jap Gov't 2nd 82', JaP Gov't 4a II ft Q 4a . . . 004 . . 004 . . . 004 . .. 00 4 . . 00 4 004 . . . 0!4 . . 00 4 00 4 . . 004 tin 4 . . . 0(1 00 4 0114 . 004 . . 00 4 004 ft Hat Ills Kuar ct As 1 8' Chl ft O IV Is 304 Chlcaeo Mil ft St Paul 4s 1 07 Chlcaco Mil ft St P'l d 4s .1 . B0 4 2 . noi 1 A04 Chicago Mil ft SIP 4s '23 3 113 1 .1 1 35 25 1 n loo ion Chl F aj . . 03 4 . 0.1 4 . 03 S 034 . 03 4 03 4 ft 8 F 111 . . IS . ... 474 18 .. . 48 . 174 4S 4S4 St L ft S Fran Series A 2.. . 004 2 . 00 4 1 (10 4 n . o 4 2 . 004 St I. ft S Fran Series D 0.. 724 St L Sw'n 1st 1.. . 004 4 . .00 4 St I j Sow'n Bs St I. 1. 1 7" i st"i, 12. 1 1 1. n i is. i l 5 . . Kan C A 1 . . K C T 3 4 004 HO. 004 004 00 , S 3s . A3 4 Itly 4s . 714 1' K IlelKlum Oa 1 . 004 K Ilelsr m 7 4s 1. . . 074 I . . 074 1 . 07'. 2 . . . 07' 1 07" 1 . 07' 1 H7 4 K Helit' m rets 15... . 08 A . . . 118 I .. . 084 2. . OS 1 . . 084 I. . . 084 Kingdom Den mark ctSs 1 2 1 1 . 00 4 00 4 00 "j Sioux 3.. .1.. 1.. . I. St P'l City 7m 044 04 4 04 4 5 04 4 .1 . . . . 04 4 Sao Paulo of Hrazll ct 8s I. ... ('! 3 ... (174 18 . . 07 4 Seab'd A 1. fd 1 30 4 Seab'd A L 0s .1 47'J Sinclair C Oil Corp'n 7 4s 1. I. .1 I 0 1 20 i t 1 1 1.1 1. 024 024 02 4 024 024 02 4 112 4 r4 024 024 024 02'. 024 LIVESTOCK QUOTATIONS rhle.igo. April 23. CATTLB Receipts, 500 bad. Compared with a week hbo Heavy beef steers and butcher, she slink, sleadj , bulls 25c to SOr hlaher. bolognas up most, veal cnlves .10c b aher. spots up more, stoek- ers and feeders 25c to 50c lower, heavy feeders off most. HiitlH Receipts. 3000 head Fifteen cents to 2.1e higher than yesterday s a v erase. Plus slreuy bulk of sale., ISffiK.AO, top, Ss.flO heavy welKhts, IS(!t8.3S, medium weights. lH2f,8.nO. light weights, 8.30S lit); heavj packing sows smooth JO8S(ft7 05; rough. 10.5OfrfO.s5. pigs. $7.A04.25. SIH2BP Rerclpts. 7000 head. Receipts today mostly to packers direct. Compared with week ago: Lambs mostly AOc to 7Se higher, sheep and earllngs. 2Sc to 50c hlghor. feeder lambs nominally 50c higher. MIDVALE STEEL & ORDNANCE lis Possibilities . A Copy of This Tlntcly Analysis Will U6 Sent on Request (Jrntls. BOUREAU & EVANS .lember I'hUpiteliihla filnvk Hxchangt 130) South 15th Street Philadelphia l.ocu.il .CJ , Race 3 lit Meat rhlln. flniee. 7 S. ,1M Street l'honc. llclmonl bio : ' April 23. HOGS Re- Market steady. Heavies, light yorkers nnd pigs. 000 7 2.1 Stead), Pittsburgh. Pc... celpls. 10OO head IS. heavy yorkers JS.50VS.7A. SHKBP AND IAMIIS Recelpti head Marktt stead. Top sheep, Ton Iambs. Ill CALVES Receipts, 120 head. Top, J11.50. Knst HulTaln. April 23 CATTLE- Re. celpts. 150 head. Slowi stead. Calves Receipts. 400 head. Fifty cents lower at I.K4 11 .10 HOGS Receipts, 2000 head Tvveiitv.flvc cents to 40c higher. Heavj $K 2.1t 7.1. mixed. J05JO.25: jorkers. 0 2,1. light york ers nnd pigs. 00 2.1. roughs. 10.10. stags, HOB SHi:EP AND LAMI1S Receipts 1200 l.eafl vvnni ismos -oc lower at J71S12.25 Others unchanged. I'jist St. Louis, April 23 CATTLE Re ceipts. 200 head. Compared with a veeK ago fleers sternly to Joe lower, light ear lings 50c lower, cows, stockers and feeders and vealers 2.1c lower, canners steads, hulls sieao to strong. HOGS Receipts. 32O0 head. Active Lie to 30c higher Top. s.40. bulk llfchts and medium weights. 25is.4(i: no heavy fiogs here: packer sows 23c higher; pigs stead. MUalltv and clearance good. SHEKP Receipts, 30' i head No market today Compared with a week ago Market nominally 25c higher NEW YORK COFFEE MARKET Yes rec HlaCh liw Close close March 7.21 f 22 7 2.1 7 20 7 201127 7 2.1 April . 5 52(1.15 ,1,12 Mav . . .1 BSff.VJ .1.5s 5..17 .1 0'."trfi.'l 1112 June 5 S4" .". .1 S4 juts ooKa"3 o.i'i noi (10IIM07 ii on August ... ll 2lrf27 ft 211 September, n. 1.10 4.1 0.10 il 11 11.409 17 0 in uctrber 0 .13 n H2"I3 il .is November. 1 7Mrf 70 1177 December ll (C't'.l.l 0 03 ll v.l II 114m OH 11.0.1 .lanuar 7 ii.Im co 7 u.-, I'ebruar) ... 7 1.11M0 7 1,1 Hid 00 4 004 00 no 2. 119 2 00 K of Italy 04 2 80 4 Kingdom Nor- Chleago Mil 41 way ct 8s StP cv 44s 1 . 1004 . 03", 1 . 1004 0.14 1 lOO'i Chicago Mil ft 11 1004 StP gm 4 4s Klnir Swd'n 0 1 734 2 .. S2 Chicago Mil ft 2 824 St P'l'cv Ss I.nck Steel '23 1 0341 2 . 04 1 01 I.ako Shore M Chicago ft Nth' S'n 4s '2S Wes'n 04s I I . . S3 4 2 OS'llMex j'et wl 3 1 1 S t. 37 OS lis IIS OS ns lis ns .1 Mid 1 Mln t I Mo K Chlcsgo ft Nth 8 weai'ii 7s 1 b ft O 1 1004 Chl Rallw's 3s 1 . 00 4 2 110 Chicago Union Sta 44s 2 82 Chicago Union Sia ct 04s I 103 4 Chile Cop'r (Is 1 Chile Cop'r 7s 1 nt", Cin & w M 4 1 00 ' 1. 02 City of llergenN V Cent' I 4 s S'n Hell Tel 3s 1 Sis. So-n Paclllc fd 1 . 70 1 . 754 S'n Pacific 4s 1 00 4 S'n Pac c 4k 1 . . 784 Stnnd d Oil ot Calf rets 1 .. 1"2 1 102 4 . 102 4 A 1024 Tidewater Oil Co ct 04s 2 . 08 2 00 2 0.14 Union Pac ev 2 S3 4 1 83 4 Union Pac fd 2. . 7A'4 Union Pac 0s 1 084 Union Tank C Comp'y 7s 1 1 00 ' , U K of O llrll ft I'd 1021 8 . 004 ft HO '-j 3 on ii 1 ni , 1 00 N I 77 4 U K or O line , I. fd' ft I'd 1022 3 034 2 0.1 4 3 05 4 I 2 . 0,1 1 2 . 11,1" 3 OS' 08 41 OS 4 1 WARRANTS PHILA.ELEC. CO. Preferred Stock Bought and Sold GARRISON & CO. 1030-32 Widcner Building .Member, .N I ft Pula Stucfc Erchangca bprure 8370 . Race 3073 Si 1041 k T 2nll 37 I 37 T is I AS4 BANK OF NORTH AMERICA Philadelphia The Oldest Bank in the United States Chartered by Congreis 1781 National Bank 1864 Mo K 1 I AS 4 U K of a llrlt Mo Pacini; 4s I ft I'd 1020 1 ft.14i 1 8R4 2 534 1 SO 1 A.l'i 1 84 1 A3 4 0 K of C. Itri 2.. .134 I'd 1037 Mont's, Pwr As S S3 4 1 Ml SA4 N Yk Air II 0s l S3', 2 On ll'l'd ll ds San New (V Tex ftl r unci 4s Mexico 0s 1 n 3ai, 1 . 31 U S Mexico i. Ss rets . 1 704 I 034N V Cent'l n. 4 llonlx lis, I . SS4 U S I (sale) 884 3 N V C 7s rct 3 . 1004 1 100 4 2 . . 1004 .1 loot, ( ll 1 1 Cltv 1 Clti 2 7 1 U N A C N I 3,14 30 Mexico ,1s IS 45 4 40 40 I0't . 411'. 784, 1.. 1004 1 104 i-4 . lKs.iani iiu r, Hcall.v ft Yk 44'f'O ft Pwr Is . Impv't ,is so 4 2 074 1 son. Ik I', (in N Yl. LlBht II u 8 Hub tu. TS4 784 Lons 0s 78 4 Mars's 0s 78 4 sn 4 City Paris lis 11 20 1 3 Clt 1 f'l'il it I Km 4 I Host I... . fl4 2 CI'd Cln Chl ft) 1 St Louis (la I I Mil. NIK ft 1 SO ' , 3 Colo ft S'n Is 17 I 81 21 ft Pwr 3s 3 82 07 4 New Y N 11 ft 0741 11 4j of '17 07 4 1 .17 U7 4 N Y Telo 14s Tokln A I . . SI 4 on 4 I si 4 In Chl ft, New Y W C ft 1 Columbia Das ft Clec 1st 1 10 Cons d (la - Ts I 44s . 34 4 33 .13 W cv 111 wo 4 1004 101 1. 3 U'd 3 f 1 101 Nth es'n leui' 11 7s 3 a.. 111114. 1001. 101 101 1 1 1 A. (I'I 11(1 UK 00 084 00'. 00 4 l 00 4 Steel As 03 4 05 4 US', . 05 4 1 05 4 Utah P ft I. Ss 1 70 4 V C Chem 1st 2 02 va c c 1 74. 1 014 014 Va Hailw s Aa 2 82 Wn I'aiin. 1st 1 SI I Sll t West bhyre 4. 1 1 T C. S. PATTON & CO. 3I A f lll'.STNl T NTS. BANKERS Successor. In SVII.KH 4 HTK.VKMN llnnds mid "toeks Imiiel.t and sold on roinmUslnit 1lemlers Phils, "took I'trltonce L Lawrence E. Brown & Co. CERTIFIED PUBLIC ACCOUNTANTS 1030 KKAL KciTATK TltUBT lILild Intestlsale und ndjuit uurlncrsblu ,aj lorooie Tux IU'turns. n.y(ii. Til TIIK lHH.DIir.S OF mtiDionii I'.i.r.cTiuc rmipiw I'lrst MorltiiKe nnd Collateral Trust 0 Series "A" Gold llnnd. due January V iu?5 not ten is ltr.itmiY ivi:n tiTut ouaV. anu Trust Cninpanv of Vewr Y"rk. Trustee under llrndfnrtl Klecirlc Company Klrs7 MoiKime and Collateral Trust l)(1, HHie,i Jam.jr 1 '.10. herebv Invites rursuant to Se, lion 3 of Article Kminh thereof nro posal for the sale to the Sinking Pund on May 2. 1021 at prlees no! exceeding Insn. -. n.l n.U. ..., Hi...., . ' "" OI 'UI nil,, ,,. 1 un, nxrrr.l, J f bonds or me niane iau can b, many pur cha.ed for the sum of twele thousand two hun.lr-t and Ofli-mo ( 1 12 2.1.11 ,iur tlfT, rs win ue Teeeieu in fne 'nteST lie'. PAUTMKNT of the undersUned No 140 llroadwa New 1 "rk cuj, ub i In 1, eloek The rlnht all offers M.. V'rliljy. Anrll 211. 1U2I is res'red to rejret any uuil in ..hole or In Part. OUAItANTY Tltl'bT COJIIHS7 or NEW YOHK lly CM.vni.KH II SAIIIN, President. New York, prll 10. 1021 tftffc L2 -1 snd Mailing Tube EDW1NJ.SCH0ETTLEC0. njN.iiihst PblUdelyhlii Manufacturers and .lobbers to ".,,.! U::c:v..- Vnr Hills and '1'rsde Aeeeptui,c. Guarantee Finance 1 1 ut 814 Chestnut St. Safe Bonds for Investment HALSEY; STUART &. CO. fnc. H. L. Smith & Co, investment; securities 1009 Und Tills BMf. Sprues 6721-1 riNANCIAL Annual Meeting s Hi? PKNbil.VAMA COAI. ANIJ LOUIS COIU'OHATION Take notice that the Annual Meeting nt the Stockho'ders of the Pennsylvania Coal and Coko Corporation will be. held nt the- ?rlnclpal ofles of said corporation on tha 0th floor or the Land Title Building, In ths City of Philadelphia, Pennsylvania, on ths 2d day of .May. 1021. ut two thirty o'clock In the nfternnon. for the purpose of electing; a board of nine Directors to serve for ons year, nnd for the transaction of any and all other business that may come bttprs said tneetlntr. Dated. April 4. 1021 A 11 BUT a. KDWAHDS Secretary. PENNSYLVANIA COAL AND COKE COni'tirtATtON a orncK or thk united oas IMPROVEMK.NT COMPAVV N. W. Corner llrond and Arch Streets Phiianeipnia April 14. 1021 The Annual Meeting of the Stockholders of The United das Improvement Company will be held at the office of the Company, N w. Corner of Droad and Arch Streets. Phlla delphls. Monday, .Mar 2, 1D21. at 12 o'clock noon, when an election will be held for a President and six (0) Directors to serve for the ensuing year, and such other business will be traosacua ka may be brought before the meeting. The Block transfer borks will he closed lrom 3 P. M. 'Wednecday. April so. 1021. until 10 A- 41. Tuesday, May 3. 1021. Q. W. C unit AN. Secretary. orncK or tiii; wii.liam citAur & HONS SHIP ANII KNOINE Blehmond nnd Norrls Streets Philadelphia, April 10. 1021. The Annual Meeting of the Stockholder of The William Cramp ft Sons Ship and Engln Ilul'dlng Company will be held at the o.T.e t (he voicimy. nifhmond and Norrls streets, in, the City of Philadelphia, on Tlnirwlar. April 28, 1021. nt 12 o'clock noon, for the purpose of electing Director ik serve for ths ensuing year, and transact. Ins such other business as may bo brought before the meeting. CHArtLns T TAYLOR. Secretary. CAMIIRIA STKKI, COMPANY The Annual Meetlnir of the stockholders of the Cambria Steel Company will be held nl the office of the company. No. 1020 Wide ner Ilullding. Juniper and Chestnut streets. Philadelphia Pennsvanla on Tuesday. Mid 17th, 1021, nt 2 o'clock P. M.. when an election will be held for three Directors Io serve for the term of three ears to sue. ceed those whose terms will then expire lL.LL5i?L!i-'lL:JiLiYf'''''t?,',r' i-; Till: ANNUAL MKKTINfi Or THE U Members and I.oanholders of the 7flOI.O(IIC.I. SOCIETY t 111 be held on Thursday. April 20, 1021. nt 12 o'clock, at 517 Chestnut street at which lime an election will bo h"ld for six Directors to sere for a term nf three vears. WILLIAMS D. CADWAI.ADEn. Secretary. 25 THK. ANNUAL MKKTIMi III' THE 0-- St ii kliolders of the Chestnut Street llrnlty Cnmpnnv nnd election of Directors 10 sere for the ensuing vear wl'l Ih. held at the oflice nf the Cnntpnn. lrtot Morris Ilulldlra. on Mondaj. .May 2, 1021. nt IS o'clock noon. II OILI.TNriHW Seerelarv Dividends THE HEAL KxTATi: TRUST CO.MPANY lir PHILAKELPIIIA llroad und Chestnut hlreets April 21. 1021 The Hoard of Directors has this day declared a dlUdend of three (31 per cent os the Preferred Stock of this Cninpanv pay. shle on May 2d. 1021. Io stockholders of record at th rinse of business April 2'. 1021 Cheeks will he msl'ed Transfer IkjoUs will be i.oad from Ajrll 22d to April 10th Inclusive RDWAIID S. llfCKl.UY Jit Treasurer CiURMANTOMN TKUHT CO.MPANY 03d SemLAnniiiil Ilhlriend Philadelphia April 14. m;t At a meeting of the Hoard of nirersora held this dn dividend nf I'm; DOLLARS) PEL KIIARi; was declared p.iMible on Mny 2, 11121. to stockho'ders of record on ths books nf lb. I'utnpnny .11 the .-lore or busi ness urll 2.1 1021 Cheeks will he mailed. Transfer books will be .loscd from April 25 to .iray 2 1021 claiu:nci: c urivton TieTsnrer 1 1ll; l..MI TITLE AND Till sf COMP1NY Mar. h .11 l'.ijl Capilnl 3 00" O'lii U'Plus . . ll "no lino Ulellxlded ProOls 731 2111 S'J rhe Itnaril nf Hire, tors nf The Land Ti'' end Trust CiiniPAli) hjis this da det tared n oiutrter dl blend of I'Ue Dnllilrs wr sh.ir" parable Mn 'i. 1021. I, "si kh"ldr of record at 3 1' M April 14 I't'JI l.nwis p (ii'imuii j, Altrtl 1J 1021 Treisorer THIRD NATION l. llM Philadelphia Vpnl 21 i. s r'cular loeellni; ,f I lie 11. with nf Mlm, i,,rs of (his Honk Ii, 1,1 i.. a s'lul Tnnual dnldend of six 10) p. r eot aol an extra "Inidend nf oni' (I) per ''ent wre ,i. rlsred out "f Ihe CHrnlngs nf the last six months fre of t.ix. parable Ma 2. 1021 t., st's-kholders nf record "f Aptll ;s 'J ( h"ks will Ii.. innlb'il V I'LIUU'iRD WfMHi Cashier IT.DEKW, lltl'-T COMPAVV llroad and IVileral sts, April 21. Illl'i the llniird of I'treetnrs life this dav declare. I a dividend nf live 1.1", I per cent Uwlll the t II nit fi 1 s"i k of til" rnntpan paMible at the ffi' of tin i oiopan on and nftet Mm I, 1111. t m .klmiilers of rei ord at the i lose of business ptll 21) 11121 ' h' ks will Im, mailed II y III' II.MtDS rrr,,e- THE MM II M1IIIMI, llM PhllHiMnhla Annl '' lti'ji The tlir.'itnrs have lilts da i1.,lnr.,l semi-annual illvi'l'.tid of fl per eenl. ps'ahle fa 1 1H21 '" Sim khotders nf ri ,,rd April -. n' I ,,. nt ,,i ,,,- tnniie'i MM I.IAM HA I. -I Kit I asble I'AllTNl.ltMHI'S Till I'hlllillllllllllll Ai.nl ,. .L..s (o-i'Wiim'.kmiip HEtfirroroiiK Till-, "- - " III.IIIHIIIK exlatlna l.eiwien ttie uii'lerslKtiei) mde- the name and stle of ;hs I'hllndrlplilit .. I. f 'ftimiillil . la (his il.,t ,nHu..i..u., . " mutual iiiiiseiii .losriili I (larher will In renfter Irs, Is niniie unil'r the ntiine and style f pi,a. drlphht (anil) Compnii). mid nil the so counts pHbl of the said if partnership will be paid bv hint and Ihe fa, counts r. mlvulde shall l- paid to Jnsi.0i I. dsrl.er tradunt as Phlladelpb a fandv Cninpany KiSKPII I.. (l.WUIKIl MAIICCH ilAlllll.li ISADOItK (lAltllllt 1(1 IMIdM IT MAI (ONI EKNTHIS IN tu notify all persons that 1 humus J. Roll Insou Is no lnnKr i,inn.'led with th firm of 'lliuniiis .1, Riiblnsiiii A Cnmiiuiiy. formerly Imat'd t Nil 2.10 S. Ilrmi'l sir.-el. lhat Hie Or in was dlsaolv. d jn MiirtJi I 1031 and Ilia' the said Thomas J iflibnisun will no hunter le responsible f.j, the I hiishcI inns o( utif isrson or n i ,o. i,r ,tho nr uow and I have beii douu busuiest undsr the nme of the sa d Thoin J lioblii.un ft Company. (81.) THOMAS J allOUINBON, 3L 1 M m ! It I u ..ft1 t;i i I m s Ifti . .i' fi i a m IM'ahle I'll d April i,lj shle, ' I'?! fl" m ; s-f ,jfl v,
Significant historical Pennsylvania newspapers