Newspaper Page Text
mvEarpm KEfr&ER-FmEAfrErpHi, batttbbay, MARCH 25, SQIO.
STOCK MARKET IN WALL STREET
WAS ENTIRELY IN TRADERS' HANDS
Absence of Outside Interest Marked Nevada Consoli
dated Strong Belief That Buying Was for Utah
Copper or Its Principal Holders
New York Stock Sales
High Points in Today's Financial Netvs
Average loans of New York Clearing House banks decreased $i,
10i,000 in week and actual fell $0,558,000. Reserves declined $3,101,000
in average and actual dropped $7,162,110. Bank clearings for week in
ereased i9.7 per cent, as compared with the same tveck of the previous
iear. Dow Chemical declared two special dividends of 20 per cent. each.
Gross earnings of 30 railroads for the second week n March increased
NEW TOUIC March 25.
There was a typical dull traders' market on tho Stock ExchniiRo today.
Bomo of tho traders mado efforts to ndvnnco a few ntocks at the opening, und
as tho rcsutt gains woro tnnde In Reading-, Mexican Petroloum nnd a few
other issues, but tho tone generally was heavy. Tho absenco of outside Interest
was moro marked thnn on any preceding day, nnd fluctuations woro deter
mined wholly by the shifting of positions by tho trading element on tho floor.
This element floundered around from ono side to tho other, with thoso who
bought quickly unloading their purchases when they found no outside following.
Novada Consolidated was exceptionally strong, with buying again coming
from tho samo sources which were effcctlvo In causing yesterday's advance,
and tho belief becamo stronger that this buying was In tho Interest of Utah
Copper or its principal holders. Tho action of Anaconda continued to causo
a good deal of comment, although It was generally understood that a lower
prico Is naturally to bo oxpooted in view of tho statements that no Increased
or extra dividend will bo declared on Tuesday. This stock Is now selling four
points above Utah Copper, althougli tho latter Is on a larger dividend basis.
Ono of tho most dlsheartonlng features to thoso committed to tho bull side
Is tho manner in which tho public refrains from buying war-order stocks oven
at substantial concessions.
C. B. MacDonnld, ono of the largest room traders, who Is regarded as a
good Judge of tho market, said that It Is now marking tlmo while absorbing
constant offerings of foreign-owned securities. These sales aro In progress
every da'y not only on tho floor of the Exchange, but over bond dealers counters.
Corn Products was sold by somo of tho pool members, who have becomo
tired of waiting for an ad-anco. In tho last half hour of trading tho announce
ment from Washington that tho Stato Department was advised that four Amer
icans wcro on tho steamor Sussex, torpedoed In tho English Channel, again
created norvousness over the submarlno question. Selling orders came from
numerous sources, nnd tho declines of two points or moro In tho final dealings
-nore wnoiiy quo io meso statements.
Utah. Low. Last, change.
Aluka Gold Mines. . . . 20J4 20 2CM it
Alaska 3 Gold M..,.,. nj$ njf OM
Allls-Chalmcrs Mfj..., 30 29,' 30 H
Am At Chemical..,,.. G8H OS1 08H Ui
Am Iteet Sugar 71J4 71 71 -1
Am Can.... .. no. mh nif !f
Am Can rf i.,.,111H 111MI H1H
Am Car & Kdy.. ...... 09 GSJt" 09 M
Am Ilklo & Leather.... 10K Wi 10!i .
Am Hide tc h pf 53 r2 fi2
Am leo Securities 28H 28K 28 M H
Amr.lnseed 2.VA 23)i 2W H
Am Mnjccd pf . 45H 44)4 41.4
Am Jxx-omollv 7rH 74'f 7o
Am Smelt & net 10IM lOOJf 101 H
Am Smelt & lief pf H2,' 11215 11231 4- K
Am Smelt pf A n.t 11.1 0.1 ',(
Am Steel Foundries.... 62! C2'f f2,'f H
Am Fuear Hef no!i HUH 110H
Am Tel & Tel 1S0H 130K I.IOU M
Am Tobacco pf new... 10014 100M 100H
Am Woolen 62 fiUS filH M
Am woolen pr nojj 09 no 7i
Am Wrltlne l' pf 20'f IStt 19H 1M
Am Zinc I, A Sm 8S!f 87 873 It
Anaconda Cop M SOJj mi Soft M
Associated Oil 08 OS OS
Atrh Top A H F 103U 10.1 lCWf
Hald loco Works 10,-H 10.1IJ lot H
Halt A Ohio SSJJ KSJ, 8S!i"
Halt A phln pf 75Ji 70VJ 70S J
Itatopllas Mining- 2'i 2!J 2)8 H
Hrookljrn Rap Tr 8T)i KM 88H
Hroan Shoo fl.-, fij r,,r, U(
Ilutle ft Superior OUf tlO DO 1
nuttcrlck Co 2fl4 29) 29H M
Cal 1'etroleum 23 22! i 224
Canacllin Pacific in? KIT'S 107' H
Central Leather G3 .'IK IM - fi
Ches A Ohio fit, mi 03' H
Chlraco (It West 13 13 13 )j
ChlU'0 Ot West pf... 38 37 l7H 'I
Chi Mil A St P tll!f 015 0U - H
CM Mil A St 1 pf 128'f 12S5f 12-Jf H
Chi A XorthA-etcrn...l27H 127H 1273( H
18 17)S 17l ..
21f 21 21 H
ci ran r3'f - H
40 43JS 45H - M
21f 20H 20H fi
004 004 00)5 - M
am sou mit -w
OVER U. S. POLICY
English Investors Anxious
to Have Turbulent Re
Sales in Philadelphia
10 Am nwj-..., 83H 334 MJ4
yu no pror.. uu? vvr vXif tin
:.1.T HllfT A BUS t O 42 4IH H 'A
WAR COST $70,000,000,000
Payment on Back Dividends Made by Splitdorf Electric
NEW YORK. March 25. Tho Splitdorf Electric Company hns declared n
dlvidond of 7 per cent., which represents dlvidonds In nrrears. This leaves 19
per cent, in back dividends remaining to bo paid off. It Is expected that tho
remaining back dividends will bo paid off within tho next four months.
Dow Chemical Specinl 20 Cash Dividends
CLEVELAND. March 25. Tho Dow Chemical Company hns declared a special
cash dividend of 20 per cent, on tho $1,500,000 outstanding common stock pay
abio April 15 to stockholders of record April C, and a special cash dividend of
20 per cent., payablo May 20 to stockholders of record May 5
WHEAT SOLD OFF
IN CHICAGO MARKET
Liquidation Due to Good Rains
in Southwestern Belt and
Pressure at Liverpool
WASHINGTON. Starch 2S. Advices re
flTd Bt th Weather Iltireau thl morn
Inir Indicated the follonlne weather con
Canadian Northwest .... clear
SW.W5 1 Prwip.
tlddle West preclp.
Upper Mississippi val.. clear
Xower Mississippi Vol... clear
Ohio Valler clear
Tho follatrlnr nrr!nltfitfnn
01 at JiTnnsTMIes .ri
innrr ami IllirntikM.,
CUt and.Omnhai .00 nt iiulutlu
l'arkersbare and MUwaukcc
tl'a. Uikei .18 nt Wlnnl
0-1 at Itapld
.10 Bt Qn'Apnellei .in at Drt
.40 at DaTenporti .08 at Diibnnue; .74 at
Slolnest .22 at .Madlsoni ,24 at Iilsmarclii
Sprlntfleld, Mo., and 1.10 at Kansas Cltr.
CHICAGO, March 25.-A small sell
Ins movement was sufficient to weaken
the wheat market this morning. It was
duo to good rains over the southwest
ern wheat belt and pressure in the mar
ket at Liverpool. It was estimated that
tho United Kingdom would tret 7,500,000
bushels of the shipments from exportins
countries for the week. Tho freight sit
uation showed, less tension.
The weather in Argentina was fine and
the movement there larger. Stocks at ports
were heavy and congestion was reported.
The technical position of tho market hero
was believed to have been weakened by
tho covering movement of yesterday and
buyers were timid. There was not much
Ifeaturejto the dealings.
The receipts at 'Minneapolis and Duluth
today were 375 cars, against 123 cars last
'jrear; at Winnipeg 901 cars, compared with
37 cars; at Chicago 175 cars, against 92
May here opened at H.08 to J1.08U,
gainst Jl.OSi at the close yesterday;
July started at J1.06& to J1.06H, com
pared with 1.06 at the end yesterday.
September opened at $1.05 to J 1.05;,
eompared with J1.05H. yesterday's last
price. After the opening. May rallied to
1.0SH. July, to tl.OSH and September
Jo $l,05tf, but again receded.
,Com was easier, but business was
small. The receipts here today were 132
.cars; The market at Liverpool was dull
. Oats were slow and a little easier. The
Receipts here today were 118 cars.
Laadlnr futures ranged as follows:
Open. HlKh. Low. Noon. Closa.
far 1.0Si 1.09M 1.074 1.08Htl.0S
July .... 1.08U 1.07., 1.0SJ4 1.06KU.0dt
Bcptomtwr 1.04',. 1.03 H I. (MS 1.0SU 1.03
Cora (naw deltvervW-
Max 72",i 72 Ji
New York Bond Sales
. . u.-i?a u
. . iu.i
. . ui
.. 7 4 is
. . It.l
. . IUK
Chi H 1 & l'ac
Col Fuel S iron..
Corn Products Hot,
Corn I'toiI Uef pf.
Crudhle SIpcI pf . .
Distill fee Corpn.,
l.leo Morace Hat..,
Krlc ut rf ,
Fed Mln & Mn....
Gen Chemical pf. ..
Goodrich II T
Goodrich II F pf...
Great Northern pf. .,
G N cfs for ore prop,
,m lli llfiH - H
Urn s inn-
1?00 AnBlo-Fr 8s
in Al5sla Gold cv (is
3000 do ret f pd
. niioi) Am Aerr B......
11000 Arcentlne Bs......
30U00 Amcr Tel cvt 4 Us
yooo Amer Writ V 5s".
1000 Ann Arbor 4s. . ."
4000 Atchison cen 4s...
1000 Atchison adj 4s...
"" Aicn Trans 8 I., 4s. Uli
0000 Halt & Oh Bs Kii
(1000 Halt & Ohio 4s. nii
1000 Halt & Oh rv 4Hs 0(11,
,r.. r."",".'.1"!!. it. ".
.). ult J
iuuu lirooK L
2000 Cal ni
999.0 Cent leather lstSs!lii:
,i" rac 314s snu,
12000 do 1st 4s.... no
;ig00 Chill cSpwr ii ". 131"!
1000 Ches & Ohio 4Ws Ii"I
10000 CM & Nwn atfa.f 2
1innn nS! V. Q Joint 4 ! 0H?i
JOOO Chi n & Q s-en 4s nlC
4000 CM II &Q ree 4" 'sI
7000 CM II it Q IllVis ir,'l
f!P0 CM Mil t"S p Se"4s &?,
.'POO Chi .Mil & S p dlv 4 Ill's.
Iv.vx S6! !& if -v bh.iihi?: imp: iiiri:
JOOO Chinese rets Bs 7&0U 7r,K Tnit
.OOU CMo ltwys Bs ns i. iisi. riki;
2000 CMo & 13 II 4ai:;; ":lil n. "-ill
Tnnn r;.." o""."" '."' "''"'
?5s. 1018. l"tl. llll-i 1(11
U.K.'..,!t Bs.l02i 1(121. llll.
a 4 Kl Bs.... OU?, US III!
EepUmbsr 11. US
July . .
Bid. 1 Asked.
SMALL SALES OF COTTON
IN FEATURELESS MARKET
.firjees HeW Fair Jy Well. With Gain of
One p Two Points
NpyT YORK, March 25. Business on
the Cotton Exchange at the opening this
morning was limited to small lots, with
po particular feature to either the buying
or selling One or two operators were con
sistent purchasers, with the selling coming
trom scattered quarters, tub early tone
-was about steady, with prices 3 to S points
lower, in sympathy -with a drop In Liver
pool. After th call the market held fairly
Well with, price a point or two over the
tirst quotations, HainfaU was reported on
this morning's map In. parts of Oklahoma
and northern Texas, but there was no
twciltaUon elsewhere in the Southwest
Ciottdy conditions prevailed generally over
.tta) belt Temperatures were about
jXsmppointlng cables were received from
XJvarpoal. prices being I to )U points
lt'tr, whereas they were due to come
juat that much higher. Some interests
aUribtttwl tliu losses to the rains reported
UrSX ". aec CoF 3s
;O00 Krle prior 4s e.",V4
1000 oranby Kta oi .. ... I(i7
7YXX W. fa 1'ow Bs. ...101
v-vv iiuu ct nan riu aa
1000 Hock Vul 4s 7
1000 u steel deb 4 4s
2000 ill c Cairo B Si.'
iiooo Indiana meel Bs .
1000 Interb Met 4Hs..
31000 Interb It T ref Bs
8000 Int Her Mar ct ...
4ooo int Act Bs ...,,.,
31000 Jan new G s 4Ua
3000 do O S 44s . .7
8000 do 4Ha ... .
i"" Kan C ty So 1st 3s. OKH
?828 ,K-an c!ty. Ter '
JPJJJJ Kana & Mich 2d 4a. HUH
1000 Laclede das 1st BS..102
2000 Lortllard Bs ..... .loi
r2J Lk Hh deb 4s 1331. U4?i
1000 Lie MT (la 102 i
0000 Louis ?4 Nash 4s.; HI 2
1000 Mich Cent D 4s .... 80 U
aooo m st p s s M 4s .. im:
4000 Mo Kan & T 1st 4s" 7.1 ?J
lo.l ' 1113 '
. 00 (,
3000 ilo 2d 4s
GuEcenhelm Kxtiln 21
Int Aurlcultural io)i
Int Acrlcultural pr 5714
Int HurvN J un
Int Ilarv Corpn 70
Insp Con Cop .17J
Int Con Cor v t c sh. . i"jf
Int Paper 2i
Int lipct pr 50)j
Int M M r of dp 17)f
Int M AI pf c of dp... 72
Int Nickel v t ch JO'f
Jpnel Tra Co Inr 77!j
Jewel Tea Co Inc Df. ..Ill)
Kelly SprineM Tiro Co 71'f
Kcnnecott Copper f0f
Lack Ktrol Co 78
l.et Rubber Tire CO
Lehigh Valley 78
133 - J
02)4 - H
37f - H
53)1 - H
filijj - fi
47H - H
4DH - .'
7035 -13 i
a 77 2
109M 110 1
7l'i 74'4' - H
77.' 77'f !i
m 50 H
77 77H - H
By FKANCIS W. HIRST
Editor The Economist, London.
Special Cable to Evcnlno Ledger
LONDON", Starch 2G. A renewed rise
In silver nnd tho strength of rubber nnd
copper shnres havo been tho chief flnnn
clnl features of tho week.
Tour Mexican policy pleases Investors
here, who nnttirnlly Ions for pacification
of that country. On tho other hnnd, bank
Inir Interests hero nro nervous about nny
thliiK which might weaken Now York.
Confllctlnr war nnd peace reports con
The Lolccstershlro election was n do
feat for the Dnlly Mall and conscription.
Tho Wnr Study Society, of Copenhagen,
has Just published a careful survey of
tho finances of each belligerent country
and contiguous neutrals llko Sweden nnd
Ilollnnd. It contains 62 quarto pages, nnd
deals mainly with public loans nnd other
means adopted for tho covering of war ox
penses. Its wrltors calculato thnt If tho
war lasts two years, until August 1, tho
French debt will grow from 1,300,000,000
to 2.900.000,000 ; of tho Germans from
250.000.000 to 2,460,000.000; tho Rus
sian from 020,000,000 to 3,000,000.000,
Austria-Hungary from 760,000 to 1,800,
000,000, nnd the British from 700,000.000
to 2,900,000.000. Thus the British, French
and Ilusslan debts are practically equal,
but tho fjprman debt Is tho largest. If
Stato debts nro added. Tho totnl debts of
nil 10 belligerents 'exceed 14,000,000,000.
Tho present British revonuo without
further taxation will cover the now debt
charge, with a handsomo margin for pon
slons. Tho problem for other debts Is be
coming moro Iptrnctable, with revenues
less than beforo tho war and with higher
tariffs, which are designed for protection
rather than for revenue.
Tomorrow I accompany Lord Bryco 10
Langport, Somerset, whero ho will un
veil a tnomorlnl tnblot to Wnlter Bagchot,
who was born thoro. Bagehot Is tho
favorite author in Lombard street, and
still takes tho first placo among financial
economists. Ho Invented tho Treasury
bills, of which 180,000,000 are now out
107 do nref
4.1 nieo Btor....
10 Krle 37
200 do rights...
loo cen Asphalt. 37 ,
10 Kenne Con..,, B04
32.1 l.s Hup Corp. lot
.300 I-ohhth VnT ,, 79 U
1200 Nevada Cons, 17
2 North Central, R9 I
1IMI FWTl K WC31.1.J2
23." rennn ,.,,,.. B7
20 I'a Salt Mfir,,l01
40 r 811 rrci.. 08
auu ipn 1.0 cum pr 44
141 I'hlla nice,
10 rnun it i...,
301 Phlla Tract...
202.1 Ton llelmont.i
100 Ton Mlnlnr. . .
47 Union Trnc. ..
48 U (las Imp....
400 U 8 Steel ...
lid w N Y A Pa
89. . 03.. ...J.
rt 1 J7 Ji. tl
I flu tJ
,fl 12u "lii
77 77H M
EXPANSION IN GENERAL BXJSINinS
THROUGHOUT COUNTRY CONTINUES
Shown by Increases in Bank Clearings and Hgrw n ml
,,,1 4? Q4-l Tnl4- T,,.l-.J- -n. yJ UeJi
umiiu xux uicci x luUuD-iu4uinea I'Tom Uomeat
Consumers Enough to Absorb Capacity of Plants
6 Warw Ir & st 10K
1-1 . . , .
43A 4- H
. Total soles. 8107 shares, compared with
3373 sharps last Saturday) this week, 0I,B2
sliurrsi last week, 81,100 aliares.
..... Blah, Low. Close, chs-e.
JI100 Ar Oas A U Bs 0SJ4 OJ'i 03JS fi
3OO0 Hal Lo 1st Bs.10.lH lOSU 1034 .....
BOO Phlla nieo Bs.104 101 101 1
6000 Hoa.rtr Ben 4s 011 n4t l4i .....
200 SunllSI. IstSs.tOO! 1001 loo. 14
3000 Stand (las 0s.l00 100s 110i
300(1 tin Hy Inv Bs. 71 71., 71., .....
3000 AVelabaeh 08. 0SH S8J4 1)84 i
4000 Tork Ily 1st Bs 03H 05 03M
flncreoso. Decreaso. -
Total sales, A22,800, compared with J31.100
last Pntiirilajri this neek, 8377,0001 last ueek,
Business throughout the country con
tinues to expand. This Is shown very
conclusively In two ways by tho large
Increases In hank clearings from week to
week and tho heavy demand for steel
products and constantly advancing prices,
with predictions being freely made that
prices will go even higher. This week
all cities contributed to the Increase in
clearings, tho gross amount being 49.7
per cent, nbovs the same period of tho pre
Sneaking of tho steel trade today, ono
of tho best authorities on tho Industry In
this country said thnt, while It Is true
that the demand for Europe Is large, tho
Inquiries from consumers In the United
States are sufficient nt present to absorb
the cnpaclty of the plants.
"There are few outside Hi 1 J
ctes of the trade who hJ T.,l
Ion of the enormous demand for 2?
fblq Mlmln. n .-. ""'""a IOr SteM l
nevertheless 'true' that" tS'W" A "I
the various consumers In ?M.ch"M.I
at present are on a loro-a Z r"Ts
to take care of ?he prSductlv, ".,!
of tho mills, men it ta 7S3,JSM.fl
Yv, 11 any, piantH can take hiiain...ula,
delivery at any tlmo durln iu ,' Hi
bo seen just what this mean."1 " toS
Operations on the Phlladir,i,i. M
the short session today. Tono'pah iHU l4
stock continued to be tho SaAS"wM
trndlng In it was not on as lar . ' m
as In tho session yesterday M?fi.a
nnln.j -- .. i. ,T' nn1 th Brl.
-"" " mo closing of last nlgK'
Local Bid and Asked
uo prcx ,
Hurt & Sua t e
Prill JO ......
i:ioc Htorase ...
Qen Asp .......
do nref .......
do t 0
Lnko Hup Corp. ...
Lehigh Volloy Tr.
. do prcf. ...,,,,,
Phlla ICIcctrlo ....
110 n per cent. pief. 31
do 0 por rent. prof. 41
Phlla ltopld Transit. 18"!
do t e 1841
Tonopah Jllnlne ...
Union Tinctlon ...
United Oaa Improv
r S Steel "...
do pref ,
Wm Cramp t a....
I. Asked. Illd, ABKCrt.
Kil'i 104; 103H
(in 1: Km it"
42 424 41 42
on (5 no nstj r.nH
4.1 . , 42 43
80J4 811 80'4 Hlji
(111 (12 !i (IIs. (12 i
aitji 37 l0 37 ?
71 j 7L'i 71 J4 72K
14'i llji 14 14ji
14'4 14. 14i 14K
110 70. mi 70.,
in ton loji io;
7r, 7.-.i 70 it 70.,
77'4 7S 78. "7S;
l!2j4 23 22'i 23
411 i 44 41(4 41. ,
M B7 B7., 67 Ji
274 l!7fl 27 J4 27 Ji
4' 4'J( 41 4. 42U
llll 38 811
44Vi 41 , 44M
111 18i 10
111 , 18H 111,
M 87(1 B74
, tttf ('" nj! 7"
. 48$ 44 434 44
. hcJJ no 8H no
. 845 81V4 81J4 8iS
, lo4 11 io4 11
, S044 37 30'I 87
. 80 HI 80 82
CLEARINGS UP 49.7 PER CENT.
CURB PRICES MOVED
IN NARROW LIMITS
Interest Centred in Low-Priced
Issues Cuban Cane Sugar
LocsMVIH ills 1st pf
Maxwell Motors. ..
Ala .Motors 1st pf
Max Motors 2d pf.
Mo Kan Te.t pf.
Nat Cloak &. Suit. .
Nat Lead Co
Nev Con Cop
N V C & H It ...
Norfolk & Western
Northern Pacific 11-1
Ontario Silver Mln.... mi
Pennsylvania It It salt
Philadelphia Co 42
nits coal Co N J.... 28
...187H 1S7W l&TJa M
.10o' 10.V-," van 1
1223. 121 121,'i - U
G0K .- H
ST.) i - i
107) i - ,'
305.' - V
4J4 - Ji
77 - 3S
00W - !S
Pitts Coal N J pf 101
........ .- i-i ,i-.
-VW UO GS ., ,,,, sou r.ois co
8000 Mont Power 5s .... otn, nil 'I no 4
7000 do 4'4s (Mi mil u7i
w ou nu7 nil tb
a" ?.Y Cent.Os 114H 4 tj H4
10000 do 4Hs 1000 ....103 10214 103
800O N V Oas It A 1' -io . tss44 h(H (!:
iVAtf fJJlJy BdJSs.... OHi (111 iuJ
nf& T.TI1fSn .... 081. 0SI UHt
s5ji2iiorr W1 . M4 u: 3i
8000 Poco Coll 8 UO Oil 00
JSSS I'onna 4s 1U48.... ','. OUH oi 00i
?SSS Ben ct 4M---.ioj ioj 102
0000 do sen en 4V4o...l03H 103H lOS'l
,2 ?w J s..... ooff o3" 'uui!
ffi! 5j:r?.K::;::: B 83ij
4000 do elt n.i
8000 Rock Island rfd 4s.. (1714
2000 do3s lo'1
1000 Stl,4aP fd ct ata 4s. 63
30OO San A & Ar P 1st 4s Hltt
34000 South I'ao cv 4s. .. 88
117)1 87 U
82 82 ft
IOS 'I 105 Vj.
Pressed S Car Co 51
Hay Con Copper 21
ity Steel Sp Co 40
Itopubllc Iron & S.... auj
Hock Island 'J
Hoclc Island pf J
fat LouU Si S F 3
St L & S F 2d Pi 35
Seaboard A L pf 35H
sears koo s Co 1,0
Shat Ariz Cop 301
Southern Taclfle 99)f
South Porto It Sue pf..H3W H3W 113H )5
Southern Ky 21 21 "1
Southern Hy pf..." 59W COW 50W Vi
Standard Mllllne 07 07 1)7 -j-
Standard Milling pf.... SOW SOW bOW 1
11 IW HOW I-tim -2W
111W lllJj HIW -Hi
51 - W
3W - H
35 W - fi
OSJj - w
Studebaker Co pf. ...
Teias Co rlBbts
Union Has & Paper. .
Union lias &P pf-..
United Clear Stores .
United CIsar Mfrs...
Union Pacific .,
U S Ind Alcohol
United Ilys Inv Co. .
U S Itealty &Imp...
U S Itubber
U B Steel Corpn
U SS II &M Co....
U S S II & M Co of .
utaii copper 81W
5215 - W
8i - U
OW - H
XCW" YOItlf, Mnrch 2B. Interest in
tho market for outside securities was
lnrgrely centred In the low-priced Issues.
While the (renernl tone was firm, prlco
lluctiintlons for the most part were within
American Wrltlnir Tapers continued
nctlvo at a small fractional gain. Okla
homa Producing and IteflnliiB developed
Increased activity, and moved up to a
new liluh mark at an advance of .
Iynn Phonograph was Ie3 activo but
MIdvalo Steel was comparatively quiet
within a narrow ranee. Cuba Cano
Sugar ruled stronu and fairly activo.
Tobacco Products was quiet and steady.
Submarlno Boat was virtually neglected.
Copper shares were stronger, especially
Magma, which rose nearly a point. Tho
silver stocks ruled firm but less nctlvo.
Oil shares wero comparatively quiet, but
firm In spots. Bonds wero quiet and about
Gnin3 Shown in AH Cities for tho
Substantial gains In bank clearings are
reported for tho week closed yesterday.
Tho total for tho period was ? -1,305,545,041,
against $2,935,938,883 for tho correspond
ing week Inst year, a gain of 49.7 per cent.
Philadelphia stands third In the list of
cities, with $171,423,341, or an Increase
of 52,G per cent, over tho samo week In
mm. 1011s. p. c.
Now York.J2.2l2.S00.847 1, 874, 071, (17(1 03.2
Wabash pf A
Wabash pf B
West K & M ,
West Maryland pf 47W
west union lei oow
Willys O pf s r f p
WooUotta F W.
154W 152W 153W -1W
141 IH 141
14W I1W 14W - H
44 W 41W 44 W it
52H Z2 B2W H
80W 84W 84W - J
08H C7J5 OS Ji
02 SUf 52
81 81 -Ji
40 40 Ji
15.W 15W Ji
28 28W W
05W 05J Ji
31 32W 2Jf
47 47 -1
SOW B9K U
230 230 230 1
-nwj uwi 10-lJi
121JJ 121W 121W
S Seel Bs sf....l04i 104 104H
on o Tts 4s. . . 058 05 05'J
Ion Pao 1st 4s .. 07 07 07
0000 Va Car Chm 1st oi'. 09
Sm :? S" Com B " 402
g 1031 102 W
11 U 11.80
iOOOO do cv rrt f r. It.",nii?
Muuuu uu Jtl IS. .
8000 South Ilwy Kan
.uuu noma itwy con
iiHjii bcioio val 1st 113
duii Ten CI ret f pd Da. 110
8000 Third Av n 4s . . . . 82K
2000 Teias Co 6s los i?
3300 Tokln E. . 'SX'
A.)n u o.. '.'''- IT
8.?S .Vn'oo Pa" rfd 4s.',' no; lni
aim., tr. azr.. r' " --... ?..
4000 wab 7. t ist'i;::::
1000 West Eleo Ss . '"tloS
0000 west ia ist 4s;:;. r
1000 West Sh res 4s ."J 00
NEW YORK. March 2S Th ,..,..
for foreign exchange In tho first hour of
business was dull and rates moved lrregu
larly. French exchange was steadier,
wlillo an easier tendency developed In
sterling, relchsmarks and Scandinavian
kropen. Business was very moderate. It
was reported that some sales had been
made of francs as low as S 98 u f- ,.
week, but today's quotations as stated were
better at 5.9 for cables and 5.98 for
checks. Sterling was quoted at 1.76 5-18
for demand and 4.76 16-16 for checks.
Relchamarka shaded to 7Hj 7I S-ifl
Other quotations were: Italian lire"
6.J9t for cables; checks, 6.70 U; Vienna!
12.40jpl2.4S; Swiss, cables. 5.31, and
Checks, 5.23; Stockholm. 28-70 2S 75
pesetas, 19.1119.13; sullders, 424
42H; rubles, 31 !. nw
Total sales. 261,300 shares, compared with
322.000 shares last Kat.irdayi this k, 3,80..
000 shares) last teek. l.UOO.UOO shares'
Amorlcnn Zlno nref w 1 7n'T
Aetna Explosives 234
Amer-Ilrlt Mfc -,
Atl Oult & W I S 8 30'.4
do prcf .... 4.H
Amer Marconi t'a
AJax ltubber Ino w 1 Cli
Canadian Car & Fdy (.
do pref h
Chevrolet Motor Car Uri
Cuban Cano 8ugnr (Id
Curtlss Aeroplano 47
Hmerson Phono 13H
Haskell H llarker Car .-. 44
llendeo Mfff 25
Inter Mer Marine KIU
do pfd 70
Kathodlon Ilronzo pref 20
Lynn Plionoaraph 74
Manhattan Transit H-b
Maxim Munition 3i
Mldvaln Steel :
Otis Klovator 02
Otlo llaenlohr M
do pref U'.l'i
Peerless Motor 2d
Poole Engineering & Machinery. .11.1
H S KrcBto w I 12
Htand Motors H
Hubmarlno noat v t c ctfs 40
Triangle Film v t ctfs 3i
United Pront Sharing m
u s i.iKht it Heat :iu
do pfd 4 '
White Motors w l 49
World Film 1
HTANDAUD OIL BUHSIDIATtlES.
lloston 1IIII.OOII..103 114.740,702 -.47.8
Phlla 171.423,341 112,324,532 --32.0
H.'lltlmoro. 30.10.00.1 20,700.320 --12.H
Chlcano.... 300.719.300 23d,203.OKO --27.3
Kt. Louis... 77.344. SSO 67,001,700 --33.4
New Orleans 22,000.000 18,097.212 4-21.0
0 daya... 13,014,133,835 JI. 010, 180.400 B5.3
Sdays... 095,800,742 008,010.23730.7
Tot. all cities
3 days.. .18,710.053.577 12,440.133,037 B1.5
1 day.... 085,402.304 480,803,240 4-40.8
week ...14,390,545,011 32,035,938,883 4-40.7
Ohio Oil ,
Htandanl Oil of California. . ,
standard Oil of New Jersey.
Standard Oil of New York. . ,
OTHGn OIL STOCKS.
International Oil ,
Cerro do Pasco
Ilutto C & V. v t ctfs
Hutte & N V
First National Copper ....
NEW YORK COFFEE MARKET
NEW YORK, Slarch 25. The coffee
market opened steady, with first prices
unchanged, to an advance of 4 points,
with sales of 2500 bags on the opening
Today" Todays Yesterday's
opening, close, close.
March... 8.11g8.13 8 02R8.03
AMii..,,,,.. .... a, id
May 8.1508.20 8.19
June,.,,,,,, .... 8.22
July...,,,.,. 8.21 8.2U
August 18.30 8.28
Bep'smber, . , B.3U 8 82
January , . ,
r eoruary. .
8.83 8.42 8.4311
8. 3tl 8.82 H 8.34
8.40 8. an ran an
iiiIi!.Bt S,,!-te-x88?..sr WM "te4 .t
2-M Comiaarclal, dar silver in. Nsw Tork was
.W Quoted at 0t eents. tt eeol. "
The Steel- Company of Canada, Limited, a
dividend ot B!i per cent, on the prefen-ecT be.
In a regular-aividend of 1'per cent. "or tS
quarter ending March. 81, and 3H per cent
balauco In full of all back dividends: rna "":
dend Is payabls May 1 to mock of record
Oklahoma Oil Company, regular quarterly
IH per cenU oa preferred, payable April B
to stock of record Atrtl 1. "
Virgin! Railway and Power Company, semi
annual of, 1 H per cent, on common stock, sar
able AprU 20 aa registered April 3. ' r
LIVEBPOOLi March 25. Spot cotton
was dull today at a decline of 4 points
on the basis of 7 69d. for mid upland.
The sales were 3009 bales, including
2000 bales American. The Imports were
80QQ bales, all American, Tha market
for futures closed quiet at a net decline
of J0 point
Howe pound ..,,.,.
Jumbo Intension . .
Marntia Copper . . . .
Mines of America , ,
Nlplsslng Mines Co
St Joseph Lead , .
West End Con
Cerro da Pasco 8s
Ches & Ohio Bs .
. 1)8 U
LOCAL MINING STOCKS
Jim Hutler ,01
-1. Jr-t ;
ikiizpan ;xiension ,.
Montana ....... .';.,,..
Northern Star ..,,....,..,,.
Tonopah ftlmont .,,...
Tonopah Extension .,,....,,.
Tonopah Mining ,.,.,.......
Rescue Eula ,,,.......,.,,,
West End .,.,.,...,
Atlanta ,...,r. .t..t .13
Dlue Bull ..,,..,.,,..,...,.. .02
llooth .,.,,.,, m, ,,,. .33
Ilulldog ...f,,.,f.f,f,.,. .01
1J. LI. V. ..........
Daisy ,,,..,,,. .04
Florence ................ .4j
Roldfleld Consolidated .,,,.,.. .78
Goldoeld Merger 11
Jumbo Extension .., ..,,..,. . .73
Kewanaa ..,,.,.,,.. .12
Band Ken 04
Silver Flo 08
Falrv Altso , '.01
Nevada llill J8
Arizona. Un -S3
Nevada Woaw 1.83
LIVE STOCK QUOTATIONS
CHICAOp. March 25. IlOasRecelpU.
8000. Market 8c. Jbignar WUed and butchers.
J94se 11.03. good beavy. J.e3iS.83; roujrb
Kavyl"20.f BO; Lteot. IS-SOfilo. ik,"W
8.80: buut l '8?80-. ,. .
J&ffi&fstei.FSk. asssi rim
Gross cnrnlngB of 3G railroads for tho
second week in March wero $11,941,678,
an Increaso of $2,033,951 over the samo
period last year.
Tho Baldwin Locomotlvo "Works lias
taken orders for six engines from tho
Norfolk and Western, 25 from tho Groat
Northern, ono from tho Arlca-La Paz
Hallway, In Chill, and one from the Ash
land Coal and Iron Company.
Tho Great Northern Hallway Is In tho
mnrkct for 30,000,000 feet of lumber. The
contract will total over $360,000.
A talo now rather commonplace Is told
by this week's reports. The pre-eminent
characteristic is unprecedented activity In
all of tho larger lines, distributing as well
as manufacturing, with, however, a rift
or two In tho steady, easy onflow bolng
furnished by Inclement weather retarding
retail trado In the East by growing con
cern over high prices and by the less
pleasant nspect of Mexican affairs, says
' Banks lost to New York Subtreasury,
Commercial failures this week in the
United States were 380, against 327 last
Week, 377 the preceding week and 603 the
corresponding week last year. Failures
in Canada number 38, against 40 last
week, 41 the preceding week and 52 last
Plana for reorganization of th RfiAf-
llold Coal and Iron Company havo been
arranged and announcement of terms Is
expected shortly. It Is proposed to obtain
about $1,000,000 new capital by the Issu
ing of new securltjs to present stock and
bond holders. The money Is to be used for
erecting new by-product coke ovens. The
Ileorganlaztlon Committee Is headed by
James Gayley, president of the company.
Local Banks' Deposits Large
The statement of the 30 national banks
of Philadelphia, furnished In response to
the last call of the Comptroller of the Cur
rency, under date of March 7. shows an
agregate of surplus and undivided profits
of $45,253,805, according to a table com
piled by the Commercial List and Prlco-J
Current, Compared with, the returns made
under the call of March 4, 1915, the item
shows a gain of $720,622. The aggregate
deposits of the 30 banks on March 7 were
$441,454,907, fis compared with $333,511,.
344 a year ago, an increase of $107,943,.
653. The March 7 statements of the Phil
ndelphla banks show earnings for the year
ending with that period of $3,267,222, on
an aggregate stock capital of $21,050,000.
The total dividends paid was $2,516,600.
GRAIN AND FLOUR
WHEAT Receipts. 1 87.090 bush. The mar
ket ruled steady under moderate offerings and
a rnir uemnna. uuoiationsi v;ar 101s, in ex
port elevator No. 2 red, spot and March,
ll.ir.-fft.18: No. 2 Southern red, tl.13iiPl.10:
BteRmer No. 2 red, $1. 12ltrl.ini No. 3 red,
il.l2(Ql.in: rejected A. i.091 1.12'.4; re
jected U, 11.0801.11.
CORN Receipts, 15,572 bush. Offerings
wero modernto and tho market ruled steady,
with trade fair, quotations: Car lots for local
trade, ns to location No. 2 yellow. 7O0TOV4c. 1
steamer yellow. 77JJ78c.: No. 3 yellow. 740
7r,c,t No. 4 yellow, 71073c! cob, per 70 ibs.,
OATS Reoelpts, 10.204 bush. Demand was
fair and tho marxot ruled steady under mod
erate onenngs. quotations: no. s.wnito, ou'4
OSlc: stnndard.. white, 48',4 04nUc. s No, :i
wrote, 4T4W4Bc.: No... 4 white, 45
in 'tc! sample l oats, 43ttW43Mc: pur!
unto. Ki uutsu, OIU'IU -JCi
. FLOUR Recelpta. 1483 bbls. nnd 831.147
Ibs. In sacks, Traos was slow and vnlues
woro largely nominal. Quotations per 100 lbs.
In wood) Winter clear, 50B.23i do., straight,
in.230B.nO do., patent. 13.000(1.83: Kansas,
clear, cotton sacks. 84. 7004.90: do., straight,
cotton sacks. 13.2005.40: do., patent, cotton
sacks, 5.40S!)G.C0: Mprlnir, flrat clear. JB.1B0
5.40: do., straight, C.4()0B.(I3 do., patent,
15.7000: do., favorite brands, 10,1500.1)5:
city mills, choice nnd fancy patent. 10.150
0.0.1: city mills, regular grades Winter, clear,
1500.251. do., straight, J5.2B0B.BOi do.,
IITU FLOUR sold slowly at former ratas.
Wo quoto at 1503.50 per bbl., ns to quality.
. The markot ruled firm but there was Utile
trading. Quotations follow: City beef. In
sets, smoked nnd nlr-drled. 24025c: Western
beef. In sets, smoked, 24 025c. ; city beef,
knuckles nnd tendors. smoked and ulr-drled
20027c; Western beef, knuckles nnd tenders,
smoked, 20027c: beef hams, 128030; pork,
family. 23.00024; hams. 8. P. cured, loose
lUW4i17o. : do., Bklnned, loose, lOl,4 017c;
do., do., smoked. 18018c.i other hams,
smoked, city cured, os to brand and average,
17V418c: hams, smoked. Western cured,
17V4W180.: do., boiled, boneless, 30c: pl-;nlc
shoulders, S. P. cured, loose. 12 Vic. ; do.,
smoked, 13013Uc: bellies.. In pickle, nccord
Inc to nvcrago, loose, 14V4 01&C. ; breakfast
bncon, as to brand and average, city cured,
1718c,i do.. Western cured, 17018c: lard.
Western, relmed, tierces, 12V4c; do., do., tubs,
12Hc.i do., pure city, kettle rendered. In
tierces, 12J4c: do., do., do.. In tubs. 12Hc
DRIlSHllD The market ruled nrm. with de
mand absorbing tho limited offerings of deslr
nblo stock. Quotations wcro ns follows: Fresh
klllcd, dry-packed fowls, 12 to box, dry-packed,
fancy, selected, 21c: weighing 4M03 lbs.
nplece. 204c.l weighing- 4 lbs. nplece, 20!4c:
weighing II V4 Ibs. apleco. 10c, ; weighing 3
Ibs. apleco. 17018c: fowls, in bbls., dry
picked, fancy, weighing- 4H05 lbs. apleco,
20c; weighing 4 ibs. nplece. 20c: smaller
sizes. 10019c: old roosters, dry-picked. 15c;
chickens Jersey, fancy broilers, 24 020c:
other nearby fancy broilers. 22W24n.i
Western brollera, weighing 1V4 02 lbs.
nplece. 22024c: Northern Illinois chick
ens, fancy yellow, weighing 4 Ibs. and over.
In boxes, 21(3S2o.; exceptional lota higher;
Northern Illinois, fancy, weighing: 211(9311
lbs.. In boxes. IRMlllc; Northern Illinois,
fancy, weighing 2 14 (S3 '.4 lbs.. In bbls.. 17
18c: other Western, weighing 4 lbs. and over.
In boxes, 18G910C.I other Western, weighing
2H83!4 lbs., In boxes. 1017c: other West
ern, weighing 214 (S3 V4 lbs.. In bbls., lS10c;
Inferior, 14c: Capons, per lb. Weighing 810
lbs. apiece. 27 (3 28c: smaller sizes, 23 (3 20c:
turkeys, fancy young hens and toms, 31c;
do., fair to choice. 2530c: old toms. 25c;
spring ducks, nearby, 18020c.; do.. Western,
rancy, 17318ci do., do., fair in .i ..
I Be, 1 geese, , lo20.i I squabs. tJPH' l9j:
White, wo ghlng li(.!i2 its tJ jJr flwra i
HWiSo.' Q"K' -w3 -" ifi'il'
Tho market was quiet but firm, in ,
F5,'Ja.nno a-rnnulatcd, 0.00 Tel tS.5"ty
707.10c.: eonfectlonets' A, 0.8000 IXTHl
grades, 0.1500.850. "uwii.n K(
ni.iHi', unermns wero li.v, . ..
market ruled firm, but there was iiiTt?. tt &
Ing, Quotations! New York. V! .'" I-J
ima. r,sina . - . . . rrpam it
oi'VV" .'". anin. 111
ai!3 "fo do.para,,s,km.r. V,JBS t -I
.. mutter Tho market niu.V .;.-J . rm
'J;?, .r.clp.i,uL.l?trndey'a.u',1a' 5
. ,n. iiuici, uuoiaiionii u:"
merv. fAnrv .i..n
iresn. apiia-packed, creamery, fancy iSr
40c I extrn. SSc.s nln nr.,. .. . 4 '?"!.
seconds, tli03.-ir.i nenrby prints, "fancy iftiI
avoraao extra. anf4nn.i nV.il iitJKsy .l it
onds, 84033C.J special fancy brand. 'iriSSl
41047c " "
EOOS Tha market ruled steady under mot I
erato orforlngs and a fair demand. KlkStavJI
an tho auotntlons: In freo cases, nearby .S-,' M
20c por dozen: nearby firsts. (i,43 vtitUMiM
ard case: nearby current rai,. . .'?a"'B
case: Western extra firsts, 10.45 per Cain-If' i.
firsts. 10.80 per case: Southern! SS VS" 1
13.85 00.00. ns to Quality: fricys,2a 1
eggs wero Jobbing nt 27020c, P?r do'Si 9
FRESH FRUITS 1
Trada was quiet, but prices generally mti S
steady under moderate offerings. Quotation. M
v.PEl?a.EIr D1' vvinesnp, 35(4: UnUiin
.avwa.jcat urcenmg. 12.2503: I K
'Tl! TlATl Iltttrla , ,RAn 7...
n . n .1 . .-I1 V Id- t
hi, lu'o.-., iieii Lavis. 11.7rtGr2.nn. av.
..-,..,.. , Krtfiin m. -.- - A ir'"L.r
, ni iriic, A.t,vv.uy; no. i, JI.2301.ifl .,
vppies, in DuiK, Per 100 lbs,, r,Oe.01.6O: to '1
Western, per box, 11.2302. Oranges. riorE l
per crate. 12.5004. Tangerines, Vlorldk. wr tl
.Iran tROAAJ. (Imm?.,,!, M:l-iVT T .,.
crate. 11.5003. Lemons, per box. ilox 1
Pineapples, per crate Porto Rico, 12.60610:
Fl?tlVi.-S?&3iao- Cranberries, Jersey, wr
---... , v .. ., T-.-rf, ,-v. b.u.E, A.,uu.a.
etrawberrles, Florida, per quart -
atora, 30046c; open crates, 20 B 80c.
Cholco stock was ganerally firm, but demirJ
was only moderate, quotations) White toui.'d
4 nan nan Kiinli lias navls-n n ( .. nVati JI
ubd a uuuias 1 viiuojiiiMiin, A. iiJUJ 1 H3(
do., do.. NewYork, 11.1301.18: do.7 00.
Western, $1.1301.20: dp., do., Jersey, per bui
Ket. NO. 1 Jtose, (lots 70c; do., do., outer -il
AS'.' rto.." iJiniMJ'"ul,Mu."vS,ui.-tlTSR,SS-i ;
do.. No. 2. JIIM7. Sweet potatoes. J.-. H
per basket. No. 1, 45850c: do., do.. No. 5.
2330c.l do., do.. Jersey, Delaware and Man.
land) per hamper. No. 1, 7.',c.tl: do.ro.
No. 2. 5000c: do., do.. Virginia, per m..
ll.Q0Ml.7IJ. Onions, per 100-lb. bag. Nb. 1. .!
.-ii.ii; uo., r.o. , ioc.(('i.o: i;oioraao.
fancy, $2.7503. Cabbage. Danish, per too.
HOW1B: do., Florida, per hamper. l1.25i
do., tiouth Carolina, per crate, ll.23ei.so.
L.eiery. fioriaa, per crate. si.TOdj'K.zo. npia-
nch. Norfolk, tier hhl.. 1(2.30: do.. Tnn
per hamper, Jl. 50(52. kale. Norfolk, wr
lull., eiWAu. uuuuuo, r lunua, ixr DSIKBC,
2(.f2.75: do.. South Carolina, per ibasktt. II
per naiKct, si
Tt2: do.. North Carolina,
rip jinn. Ilnrliin. nr hnnlc
Ida. per basket. S30. I'eppers, Florida, per
carrier. fl.DOS. aczpiant. Florida, pcf .:
crate s-ct-.ou. romaioes, j? lonaa, per a:
rier. fancy 1. 23(1.75: do., choice. 75c 01
Asparncurt, Houth Carolina, per bunch, 23(
maket. I23. Peai.JloM
Mushrooms, per 4-lb. basket, 7&c.vll.4i
NEW YORK BANK STATEMENT
Average Loans Fell $4,104,000 and
NEW YORK, March 2C Tho state
ment of condition ot tho members of
tho Clearing House Association Bhowed
a falling; off In average loans of $4,104,
000 and actual $9,558,000 during: last
week. Average reserves declined $3,201,
500 and the actual decreased $7,132,110.
Tlmo deposits In the actual and average
Demand deposits, decrease .
Tlmo deposits, Increaso ....
Demand deposits, decrease .
Tlmo deposits. Increase ....
Itesen rs. decreaso
RATES FOR MONEY
New York 1 ?i f 2
lloston 3 .
Chicago a IS 04 4
commercial paper, inree ro six momns,
Philadelphia, SVttii per cent.
Payment an Anglo Loan Called
NEW YOniC, March 25. The Anglo
French Commission has made another call
of 30 per cent, for the final deposit In
depositary banks, payable April 5. The
amount Involved In this call Is approxi
mately .$16,000,000, leaving a balance of
$16,000,000 yet to be called from the de
positary banks. This money Is to be
deposited with the National City Bank on
April, 15 and la one-half of the final deposit
of $32,000,000, made with the depositary
banks, on December 14, 1916. It Is ex
pected' that there will be but one more call
of $16,000,000, which will absorb all the
proceeds derived from the Anglo-French
$500,000,000 bond sale, and which has
been on deposit at the depositary banks
located .throughout the United States.
NEW YORK BUTTER AND EGGS
NEW YORK, March 25. BUTTER Mrkd'j
supply exceeds demand. Prices lower and o -
settled. Receipts. B102 packages. Extra ertto-l
cry. 8BH38Kc.; hlxher scoring, 389iOUe.il
Btato dairy, 35Uc; Imitation creamery, 278
EOOS Market firm on high grades. Re
ceipts. 14,008 rases, Estra firsts, 21K 9
22c: firsts. 2121Wc; Trhlto eggs. 23W21c.:
brown cess. 22V4-Sc, : mixed colors, 21V22&
Banks clearings today compared trlth con,a
.ponding day U.tfltwo yea m j
Phlla .....J33.772.138 121,033,40(1 J22.J07.2M V.
New York.408.010.210 281.842.78J WJ.KJ.yi 9
lloston ...31,018,031 23.003.311 25,S9.W1
XOST AND rOTJND
For Other Koat and Found Ads Bee' Part 1
neari ana aiamona W ai
In vicinity St. James1 CWreB. m
Tine. Jtarch B. In -vicinity 8t. James- t-jwra
Walnut and 22d sts.; contains pearl moojtM
In gold claw settinir. wun ,BmJ""SS,i" "it M
XOP. UDwaru ii oiuiugu ... u .
una Chestnut st.
PIN Oval Bhaped p atliium pin. ".?
(3) diamonds, in vicinity llroad and Walnat.
Wednesday night. Jtarch 22. Reward It rf
turned to.caanier eiiBYup"oit.u".
M.An J. .1 J,..lni. ur-tr tt CAhmStf 37.
(2) rings: one contains thr flUm
SSaSSff wPthlamonda- L.ra J SSift
no Questions asked it returned la A J
Caldwell & Co.. lion unestnui si.
... .n.r..w t A- nlt.nlla entlem&n's KIU
"tV"lthTnitIaI.' R. C. II., tetweKi J
O..I,.u.. at- Phairnllt nt. frrl(fl tO IirO(l OW '
Station, going from llroad St. Bfttlon taJ4
tailcab to 1033 Spruce. Reward It "'"! (
,. p n Hmlt. 1001 FranclJ st, Canr-S
den, N. J.
THIB CLASSIFICATION s for such ngg:.'
msnts as are ot a purely P!ntirJllste
-auch as children tor "doptloa. ppe" '
thosa In distress, for location i of '"f "S
tlves. paymsnt and nonpa j ment ot deMvBj ;
your needs Arhen listed hers ""'."SSirfcu
iltb advertisements of a "IJiLlX '
Bei "Duslness Personals- for impartial
trade announcements. , .
NICE family to' take baby girl, ILK5V
Ml surrender. U 633, Ledger Centrsl. j
EMPLOYERS OF LABOR
Long experience and careTul study
of the present law enable mi to
offer you eDIclent HEUV1CU In
Compensation Insurance. a re
aulred by the new statutss. Mr
enlees are at your 8KKVI0K. H0
clutrga for advice. Consult wltb
HARRIS J. LATTA
Charles J. Bender & Co.
Members Philadelphia. Stock Exchaoxs
NORTH AMERICAN BUJG-
t DlKKCTOag Or ACCOCKTANTK
Pittsburgh Coal Company
(of New Jersey)
Plan of Readjustment
To tho Holder, of tho Preferred Stock and Common S,tock of ft
Pittsburgh Coal Company (of New Jeriey) t
Assents to the proposed Plan of Readjustment have aIrefBf
received from the holders of substantially more than a majority
each class of stock. Stockholders are reminded that all assents snonm
be received not "later than March 31, 1916.
The benefits of the plan to both preferred stockholders and com
mon stockholders are so apparent that the Committee hopes w
practically unanimous consent.
Assentlnr stockholders assume no personal liability tor any ep
and are free to deal with their stock In orery respect If "J",. "ff L. n
assented. After the Plan Is declared effective and thelrstock la ""UV b,
cash dividends will he promptly paid to them as declared and thty " ,t
entirely free to dispose of er otherwise deal with their certificates of ap
As the Committee deems it of importance to be aaviseu y
na l(ic v,uiuiiiiinv ui-yuu .k w. .bV,nlrIer alS
views ot tne stocknoiaers as, soon as possiuic, wc slk"-""," ." W.lr
..-.i.a . -j : i,.:- n.c.nti .rnmniv nr tn rommuntcate IUC
views to the Committee. The Committee
requested to send in their assents promptly, or to communicate m
viemi tie rnmmitiM. The? f!nmmittee is actuated solely or u"
desire to do that which is for the best interests of the sjockho d
and pf the company, and invites the co-operatton of all stockfioiaM
Copies 'of the .Plan, information as to the advantages thereof, nd
forms for assents to be signed by stockholders may be obtainea w
any member of the Committee or from the Secretary or As"""
Secretary of the Committee.
Stockholder are requested to filo their written asienU wW
the Committee no later than March 31it, 1916,
J. D. LYON
A. W. MELLON
GEORGE T. OLIVER
J. B. FINLEY.
HENRY R. REA
JOHN I. BISHOP
A. J. MILLER ,
HARRY BRONNER ,-
Address all communications to
P. J. IjeMOTNB. '
Secretary of the Committee.
Henry W. Oliver Bullalsc.
EOWABD a BAILLT.
?t Broad Street.
Netr'york City. N, T.