Harrisburg telegraph. (Harrisburg, Pa.) 1879-1948, April 09, 1917, Page 14, Image 14

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    MARKET CAUTIOUS AT
IRREGULAR PRICES
Week Opens With Absence of Irregular Influences Which
Provoked Saturday's Heavy Liquidation;
Munitions Are Higher
New York, April 9. (Wall Street)
The week lu the stock market open
ed with an absence of the unsettling
influence! which provoked last Satur
day's heavy liquidation, although the
irregular trend of prices suggested
further caution. Munitions and equip
ments were higher by 1 to 2 points. U.
S. Steel also responded to an exten
sive demand with metals, Mexican
Petroleum, shippings and some of the
motors. Coalers featured the railway
group and Ohio Gas more than re
covered last Saturday's setback, rising
six points. Recessions of 1 to 2
points were made by Texas Company,
American Tobacco, Cuban-American
Sugar and Sloss Sheffield Steel.
Over one-third of the flrst hour's
trading was in United States Steel,
that ratio being materially reduced
later. Steel made an extreme gain
of 1% with four for Nova Scotia Steel
and 4 for New Bethlehem Steel,
while Driggs-Seabury, a minor mu
nition issue, rose 9 points. Shippings,
metals, sugars and numerous war con
tract or supply stocks were 1 to
4 points over last week's final prices.
Union Pacific and New York Central
were added to the strong rails, but
elsewhere in that quarter increasing
heaviness was shown. Dealings in in
ternational bonds were unusually ex
tensive at substantial gains.
NEW YORK STOCKS
Chandler Bros. & Co., members New-
York and Philadelphia Stock Ex
changes, 3 North Market Square, Har
risburg; 1338 Chestnut street, Phila
delphia; 34 Pine street. New York,
furnish the following quotations:
New York, April 9.
2 p. m.
Open. Quot.
Allis Chalmers 26% 26 TJ
Amer Beet Sugar 95% 95%
American Can 46 46
Am Car and Foundry Co 65 74 66%
Amer Loco 68? i 68
Amer Smelting 99Va 100
American Sugar 111% 112
Anaconda 80 80%
Atchison 101% 101%
Baldwin Locomotive ... 58% 58%
Baltimore and Ohio .... 77 77
Butte Copper 42 Vi 4 4
• 'alifornia Petroleum .. 21 21%
• 'anadian Pacltlc 159% 159
Central Leather 87% 88%
t'hesapeake and Ohio . . 59 58%
Chi Mil and St Paul 80% 79%
Chin.o Con Copper 54 55
Col Fuel and Iron 47% 48%
t'orn Products 23% 23%
Crucible Steel 65 65
Distilling Securities .... 17 16%
Erie 27 27
General Motors 115 115%
Goodrich B F 52% 53
Great Northern pfd .... 111% 110%
Great Northern Ore subs 31% 31
Inspiration Copper .... 56% 56%
Interboro-Met 13% 12%
Kennecott 44 44
Lackawanna Steel 84 81%
Lehigh Valley ......... 65 64 %
Maxwell Motors 52% 5 4
Merc Mar Ctfs 30% 31%
Merc Mar Ctfs pfd .... 85 86%
Mex Petroleum 87% 87
Miami Copper 41 41%
Mid vale Steel 58% 59%
New York Central 94 94%
N Y N H and H 4 4 43 %
Norfolk and Western... 128% 128%
Northern Pacific 102% 102%
Pennsvlvania Railroad.. 53% 53
Bay Con Copper 30 29%
Reading ... .* 93% 93%
Southern Pacific 93% 93%
Texas Oil 136% 136%
Third Ave 120 120
T* S T Alcohol 110% 117%
IT 8 Rubber 56 56
T* S Steel 113 111%
Westinghouse Mfg 49 4 9
"Willys-Overland 32% 32%
PHILADELPHIA PRODI'CE
By Associated Press
Philadelphia. April 9. Wheat
Higher: No. 2, led, spot, $2.25@2.30;
No. 2. Southern, red, $2.23@2.28.
Corn Market higher: No. 3, yel
low, $1.50ffi1.51: No. 4. yellow, $1.48®
1.49; No. 5, yellow, $1.46®1.47; South
ern, No. 3. yellow. $1.48® 1.50.
Oats The market is higher;
No. 2. white, 76%@77%c; No. 3, white,
74 'A tiii 7 o % c.
Bran Firm and winter higher: soft
winter, per ton, $45.50®46.00; spring,
per ton, $44,50(0 45.00.
Refined Sugars—Strong and higher;
powderpd, 7.60@8.33c; fine granulated,
7.50(& 5.25<;; confectioners' A, 7.40®8.15c.
Butter The market is steady:
western, creamery, extras, 45@46c;
nearby prints, fancy. 4Sc.
Eggs The market is steady;
Pennsylvania, and oilier nearby firsts
free cases $10.03 per case: do., current
receipts, free cases. $9.90 per case:
western, extras, firsts, free cases. $lO 05
per case; do., firsts, free cases. $9.90
per case
Live Poultry—Firm, fowls higher:
fowls, 25ff26c: staggy roosters, 18fi20c;
old roosters. 16© 17c; spring chickens,
24<f?>25c; ducks. 22@24c: geese, 19®22c
Dressed Poultry Market steady:
fowls, fancy, 26®26%c; do., good to
choice, 24®25c; do., small sizes, 21®
23c; old roosters, 20o; roasting chick
ens. western. 21®26c: broiling cnlckna.
western. 18@26c; do., nearby, 30@3Sc;
:
: Hauling Household Goods •
► Short and long distance, save time, dam- i
* age and expense with our Packard Truck Ser- <
► vice. Pleasure parties solicited. Charges'
K moderate. <
► S. A. Fishburn
J Both Phones <
Market Street Store Rooms
FOR RENT
l-ocated near Fourth Street. In the heart of the busy section. Apply to
P. MAGARO, Regent Theater
MONDAY EVENING,
spring ducks, nearby. 23ffi2.ic: do.
western, 22@24c; geese, nearby, 19®
21c; do., western, 18®20c,° turkeys,
fancy, large, nearby. 32®33c. do., west
ern. fancy, large. 32@33c: do, western,
fair to guod. 3t><iv3lc. do. cuinnioi: it u
27c. do .Id torn* *9®3oe.
Potatoes The market is steady;
Pennsylvania, choice, per bushel. $2.25
(a 2.65; New York, per bushel, $2.50;
Maine, per bushel. $2.25@2.a0; western,
per bushel, $2.00®2.25; Jersey, per
oasket, $1.25® 1.50; Florida, new, per
barrel, SIU.OU® 12.00.
Flour Market firm, but quiet;
winter straight, $9.75® 10.00; Kansas
clear, $9.75® 10.00; do., straight, $10.25®
10.50; do., patents. $10.50® 11.00; do.,
favorite brands, $11.25@11.<5.
Hay Firm, with a fair demand;
I No I. twrue i.wies •t a >
No. 1. small bales. $18.50; No. 2. $15.50
®16.50; No. 3. $13.00® 14.00: sample.
slo.oo® 12.00.
Clover mixed. Light mixed. $17.00;
No. 1, do., $15.50® 16.00: No. 2. do.. $13.00
@14.00.
CHICAGO CATTLE
by Associated Press
Chicago. 111., April 9. Cattle Re
ceipts. 16,000; strong. Native beef cat
tle, $9.40®13.15; stackers and feeders.
For Rent
Apartment
A very desirable apartment, located
in Arcade Building, 219 Walnut
street. Four rooms, bath and
kitchenette Heat and hot water
furnished.
Rent, $35.00 a month
Union Real Estate
Investment Company
Room 205 Arcade Building
219 WAI.NCT STREET
The Rising Oils
The adjustment of economic ll
--anccs In the oil industry lias re
sulted in
UNPRECEDENTED
EARNINGS
Which will find early reflection
"BULL MARKET IN
OILS
111 the course of which \vc fore
cast
AN IMPORTANT
ADVANCE
In tlic Market Price of
OKMULGEE PROI). and RE
FINING Paying 10% and earn
ing <15% annually
Now offered at subscription price
SO.OO
Illustrated report on Request
A. B. Benesch & Co.
Miners Bank Bids.
Wilkcs-Barre, Pa.
Bell Phone .1488
. f
FRANK R. LEIB
& SON
Real Estate and Insurance
Office, No. 18 North Third St.
Harrisburg, Pa.
FOR SALE
1033 N. Fourth St., 3-story frame
dwelling; 8 rooms.
1010 N. Third St., 3-story brick
store and apartment building, store
room 63x16 and a 3-room apart
ment on llrst floor. Two apart
ments, i rooms each or one 6-room
an d bath apartment, second floor
3-roow and bath apartment on
third floor. Electric light, city
steam, on lot 20x155, Myrtle ave
nue, In rear.
1001 N. 2nd St.. brick dwelling
on corner; suitable for apartments;
price right.
•
$7.40@10.10; cows and heifers, $3.75
11.10; calves, *9.25® 13.75.
Sheep Receipts, 15,000: strong.
Wethers, $10.60® 13.05; lambs, 111.90
©15.60.
Hogs Receipts, 33,000; strong, 20c
to 25c above Saturday's average. Bulk
of sales, 115.95 16.15; light, 15.30j'
16.15; mixed, $15.55® 18.25; heavy, J16.55
Hi' 16.25; rough, 915.55@ 15.70; pigs, i 11.40
@l-1.95.
CHICAGO noAKI) OK TRADE
By Associated Press
Chicago, 111., April 9.—Board of Trade
closing:
Wheat —May, 2.ofii; July, 1.84 s ;.
Corn—May. 1.26i; July, 1.26'>.
Oats—May, 63 : July, 62'4.
Pork—May, 37.40; July, 37.45.
Lard —May, 21.32; July, 21.60.
Ribs —May, 19.85; July, 20.00.
PARDON'S RECOMMENDED
The State Prison Board today rec
ommended pardon for David Altman,
York county; William Zecli, York
county, and John Potts, Franklin
county. The board recommended par
ole for Amos Hassler, Lebanon coun
ty.
United Grocers Corporation
TOLEDO, OHIO
The United Grocers Corporation is a holding company, owning the securities of
many other non-competitive companies, and by this method consolidates and amalga
mates the manufacture, production and distribution of food merchandise.
Amalgamation and consolidation of diversified food manufacturers, packers, can
ners and brokers result in manufacturing and brokering profits, economical operation,
quicker turn overs of merchandise and the consequent saving in jcost of production,
advertising and sales distribution. All these advantages and savings are sources of
profit to the United Grocers Corporation, the holding company.
Some of the companies whose securities the United Grocers Corporation has ob
tained, in pursuance of the foregoing plans are:
United Food Products Mfg. Company,... .Toledo, Ohio.
Wilkes-Barre Who. Grocery Company,....Wilkes-Barre, Pa.
United Printing Company, Toledo, Ohio.
The Rice Grocery Company, Seranton, Pa.
Central Brokerage & Importing C 0.,..... .Toledo, Ohio.
S. R. Smith Company, Grantham, Pa.
Grantham Preserving & Pickling Co., Grantham, Pa.
The Adams County Preserving Co., York Springs, Pa.
Harrisburg Wholesale Distributing C 0.,.. .Harrisburg, Pa.
York Wholesale Distributing Co., York, Pa.
Considering the volume of business that is being done at the present time by the
companies affiliated with the United Grocers Corporation, and those companies un
der contemplation of purchase, together with the improvements that are being in
stalled in the company's plants, the volume of business that will be done annually by.
the combined consolidation should reach a very large and satisfactory total.
The United Grocers Corporation's plans of operation which combines manufact
uring and brokering, with its sales organization and extraordinary distributive outlets,
a conservative estimate on net profits on volume of business to be done should make
the capital stock of the corporation a most satisfactory and profitable investment.
WORLD-WIDE SHORTAGE OF FOOD SUPPLIES
There is now and has been for some time, an actual shortage throughout the
country of food products of the various varieties and kinds of United Grocers Corpora
tion manufactures, packs, cartons, cans, handles, etc., through its subsidiary com
panies. The ever increasing demand and shortage for food products far exceed the
capacity of existing American manufacturers.
SAFETY OF PROFITS
There is no safer business than the food industry. The people of the world must
be fed, and there could not be a more opportune time than at present to promote and
engage in the manufacture, production and distribution of food merchandise.
It is a well known fact that concerns such as the Quaker Oats Company, Cream of
Wheat Company, Heinz an dmany other similar companies have earned and paid enor
mous dividends to their shareholders for many years.
The profit margin of food products is ample and constant.
7 Per Cent. Cumulative Preferred Stock, par SIOO.OO per share. Sale Price SIOO.OO per share.
Common Stock, par value, SIOO.OO per share. Sale Price, $120.00 per share.
Above prices for immediate acceptance and delivery.
We anticipate a very heavy over sale of this stock, we advise you to write, telephone or telegraph at once
at our expense. All orders for shares of stock will be filled in the order received.
We reserve the right to advance the price at any time without notice and to accept or reject any applica
tion.
We believe that the consolidation of the various companies together with their separate and experienced
management, capable sales organization, wide sprer#!' and constantly increasing demand for their products
make the securities of the United Grocers Corporation a most attractive investment.
Application will be made to list both the Preferred and Common stock of the United Grocers Corporation
on the New York Stock Exchange.
C. C. TRUAX & COMPANY
Second National Bank Building, Toledo, Ohio.
Engineer's Building, Cleveland, Ohio. Calder Building, Harrisburg, Pa.
RESERVE COUPON
C. C. Truax & Company, Toledo, Ohio.
Gentlemen:
With the understanding that I am incurring no liability, you may reserve
shares of the Preferred or shares of the Common Stock of the United Grocers
Corporation, for a period of 10 days from date.
It is understood that this reservation entitles me to purchase this stock (within
said 10 days) at SIOO.OO per share for the Preferred Stock or $120.00 per share for the
Common Stock, par value of said stocks being SIOO.OO per share.
Name Address
HARRISBURG TEIJE&tIPK
GEN. WOOD MAY BE
HELD IN NEW YORK
Indications Arc That lie Will
Be Retained in High
Command
Washington, April 9. Major-Gen
eral Leonard Wood, according to in
formation from a source usually ac
curate, is not to be transferred by the
War Department from the Eastern
Department, with headquarters at
New York, to Charleston, S. C., to
command the newly designated South
eastern Department.
Although orders for the transfer
were issued by the War Department
two weeks ago they will not go into
effect it is stated. The Administra
tion has changed Its mind and Gen
eral Wood will remain in command of
the most important division of the
army, and if moved therefrom it will
be to a place of even greater Import
ance.
Insomuch as the determination to
give General Wood what is considered
the least Important military command
in the country was based solely upon
political feeling the fact that the Gov
ernment has abandoned its intention
Indicates that political consideration
are not to be permitted to affect the
operation of the War Department and,
therefore, aucurs well for the effec
tive prosecution of the war.
FUNEIIAL OF MR. BALI.
Funeral services for William G. Ball,
contractor, who died Friday night at
his home in Ijlnglestown, will be held
to-morrow afternoon from the resi
dence of his father, Joseph Ball, 127
APRIL 9, 1917. w
Hanson, pastor of Mesiali Lutheran
Pine street. The Rev. Henry W. A.
Church, will officiate. Burial will be
private and will be made in the Har
risburg cemetery. Mr. Ball was one
of the best-known contractors In Cen
tral Pennsylvania. Besides his wife,
he is survived by one daughter, Wii
helinlna, and two sons, Gilbert and Jo
seph. One sister, Mrs. Joseph Weaver,
also survives.
HEAR HABEAS CORPUS
Habeas corpus proceedings to have
Dr. Theodore Kharas released from
Jail on the charge of bigamy, pre
ferred in Ellicott City, Md„ were
heard In court this morning. The case
was resumed this nfternoon and Dis
trict Attorney Stroup was called to
determine whether lie will release
Kharas until the Marpland case is
settled. Kharas at present is under
SBOO bail on a charge brought in
Dauphin county.
Additional
Classified
Advertisements
Business Opportunities
FOH SALE Fwket Billiard Parlor,
with lirst-ciass fixtures. No opposition.
Population of 1,800. (Jood business
Reason tor selling, other business. Ad
dress H., 4942, care of Telegraph.
ANY intelligent iniaun <.aii earn good
income corresponding (or newspapers,
experience unecessary. Send for par
ticulars. Press Syndicate. 792 Lock- I
port. N. X.
Hauling and Moving
LOCAL AND LONG-DISTANCE
HAULING Honest and tair esti
mates. Blue Line Auto Transfer, 917-A
Capital street. C. V. 5887, Bell 852W,
NATH. .O. TRANSFER CO. Moverj
ol Pianos, sates, boilers and gwierul
hauling. H. W. Lathe, Manager, Eighth
street and R. R„ New Cumberland. Beil
phone 3029 J.
Storage
STORAGE 4l# Broad street, houne-
Hold goods, mercandise. Private rooms.
Jl-$3. Wagons, 76 cents month. D.
Cooper Hi Co.. 411 Broad street Both
phones.
6TUKAGE in 3-story urtcu building,
tear 408 Maiket street.
Household goods in clean, private
rooms. Keasonnble rates. Apply to
P. G. Dlener, Jeweler. 4UB Market St.
Air. Both phones.
STORAGE Fireproof and non-tire
proof warehouses. Private rooms (or
household goods $2 per month and up,
Harrisbu.-g storage Co.. 437-446 'South
Second s'reet.
Money to Loan
MONEY TO LOAN on Real Estati
(ecurity ID any amounts and upon any
lerms tc suit borrower. Address P. o.
Box 174. Harrtsburg. 'la.
BANKS WON T
but we will loan you sls to S3OO
lot one year, payable monthly at
legal rales, if you have gooU
character, a reputation fot p..y
lug your bills and sufficient In
come to meet the payments as
they (all due.
Security required: Note secured
by personal property, mainlv
household turniture without re
moval, or real estate, or the guar
antee of some responsible per
son.
CO-OPERATIVE
LOAN & INVESTMENT CO.,
204 Chestnut Street.
Affiliated with local. State and
national organizations which
stand for approved business
methods.
MONEY ADVANCED to housekeep
ers at legal rales; business coniiden
llal. Profit Sharing Loan Society, Room
7, Spooner Building. V North Market
Square.
Financial
STOCK FOR SALE All or part of
$3,600.00 Common Stock of United Gro
cers Corporation; operated S. R. Smith
Co., Macaroni and Noodle Co., at par,
SIOO.OO per hare. J. A. Lutz, Paxtans,
Pa.
Automobiles
1916 MODEL Ford roadster, in perfect
condition. Just completely ovehauled.
A bargain. Address Box K, 4950, care
of. 'I elegiaph.
CADILLAC ROADSTER, rac'ng type,
price reasonable, all in good condition.
Address P. O. Box 216, Paxtang. Beil
phone 2022J-1.
FOR SALE Will sacrifice a 1914,
5-passenger Ford, in fine condition, tu
quick purchaser, for sum of $260. Gouti
shoes all around and one extra. Fully
equipped; side curtains, horn, wind
shield and tubes. Ask for Miss Mor
rette's car. Auto Transportation Co.,
27-29 North Cameron street.
LIMOL'SINE une "jew rord uiriou
lie. top ready to fit on Ford car for
winter use; was $160; will take SIOO.
Andrew Redmond. Third and Boyd
streets.
FOR SALE Chalmers 7-passenger;
newly painted; good tires and two ex
tras; 1915 model; good as new; will sell
it at a sacrifice; come and see us. 1427
North Third street. Bell phone 1479 J.
WE WANT rtIITOMOBILEO ot any
• inc. If you cannot sell yo .r car. why
rot consign It to or exchange It with
re for a better one. Our charges for
ellinK are 6 per cent, only No storage
• haiges if car is not sold. AUTO
r RANSPORTATION EXCHANGE DE-
A K'i'MtulT $7-29 North Cametuti
street.
Ff R SALE Chalmers light deliv
ery. new body and new paint, inquire
~1 Mil'- ' <'n •s.iinh ■ ,)>, • ,i
Motorcycles and Bicycles
MOTORCYCLE BARGAINS - ComeTii
and see our selection before buying.
Dayton Cycle Co., 912 North Third
street.
INDIAN dMITIIHCVULb - Also ihur
and Harley-Davldson for sale cheap;
lust heen overhauled: all twin cylinders
and In good condltiou. C. H. Utiler.
1317 Derry street.
FOR SALE 6O rebuilt motorcycle*,
ilarley Davidsons. Indians, Thors. Hen
dersons, Excelsiors. Daytons; all guar
anteed to be in first class condition;
$55 to $210; send for complete list,
Hesgy Bros.. 1200 North Third street.
Harrisburg.
FOR SALE 1917, three-speed Ex
, cclsior motorcycle for sale cheap. Fully
! equipped. Call, or write, 1117 State
street. Uarrisburg.
BICYCLh. BARGAINS 25 wheels tu
••elect from; prices from $lO up to $46;
easy terms; pay while you ride. Dayton
Cycle C... 912 North Third street.
Garages and Repairs
FEDERAL SQUARE GARAGE
Courl and Cranberry streets; storage
by day or month; moderate rates; 24-
hour service; repairs, gas, air.
ROOM FOR ONE AUTO in urlvata
'garage; steam heat, electric light and
water. Apply 213 Pine street.
REPUBLIC TlßES—"Prodlum" pro
cess, wonderful tensile strength; un
even wear eliminated; reduced chipping
and cutting. Good Service Tire Co.,
1019 Market street.
CAMP CURTIN GARAGE
SEVENTH AND CAMP STItEKTS
Large brick building equipped with
best iacilities for storage and care o£
cars. Repairing by experienced me
chanics. All work guaranteed. Let ua
quote prices. BELL PHONE 1093 W.
BRING your car to us. Experts on
Ignition and carburetor troubles. High
est grade repair work. LEMOYNE
AUTO SHOP. Lemoyne. Both phonos.
WM PENN GARAGE, ' "
304-6 Munech street. Limousines for
funerals, parties and balls: careful *
drivers; open day and night. Bell 4564.
THE REX GARAGE
1917 North Third street. Is the logical
place to store your car. Live storage
includes cleaning your car dally, de
livery and calling vor It. Let our reu
resentativi talk this over with you.
BRING your car lo us. Experts on
ignition and carburetor troubles. High
est grade repair work. LEMOYNE
AUTO HHOP. Lemoyne. _Both phones.
Legal Notices
THE Executive Board of the Carpen
ters' Union are calling a meeting, April
10. 1917, at 8 o'clock P. M., in their hall,
221 Market Street, fourth floor, at which
time we would like to meet all Contrac
tors snd Builders.
(Signed) L. L. HAMACHER,
J. A. BARNES,
D. T. MILLER,
A. E. PROWELL,
A. WHITE
J. A. BARNES. 1L S
14