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PAGE 8 Qitrtit Stick* i%. - jtmrt ®r#r*Tio*» “Tfpen Cl*** *•* SRfe*:::: :£ 'll « a- »% if;:" ”5 IS ci|i~ *••;■ *1 V»g* *•* .** 14 u. *t% *h # J* P*> pf ■* |3 K :‘«5 "$ ,‘5 ,i* *?.V "•» ;::: gi :::: :::: jf ii Ka“!?*/c J ::::: :::: .«•» *g ES -»£ >iik «•% *5 ?% < W&SV i. ,«• - -* mtf! » >«■' ••■ *,*? *1? s BffgTJT :■:: :: : {;** Ma**" M«t- t 3 &K 5 Oru«*» K ti • fM§ Stamp iM 1* »« - Kh B«at# *•? ? w«i : Vo nt* \ 1 . ... sl*lea-D. Tt> pK»««» r "... •« grfor - «-% apff ,rt .. '*■■■• SE& m :•:: :.:: >«■* ,gv jf.waim* Davi* -• *«% >♦* 5 % SfV’V:::: {« “ Slft'RKctii t< ‘t? :x. ■a.h. mm 4 Tvmmt r Am |ut<i .... •••« :::: K r :::: SSfeSSUV .... ri"“ ; :::: jj; jj; W* CuntjrTn'rt fg m * Kn Treat }!? IH *** . ST-a> 1~. .... w The fol1?»w1»g 4r«. UP* W«t * Cos, iT*. Mu*£o* W V WofcU A Cos . D L. «*T |m * co, w a wcUrtim, *«• S|l l-y«e*» * Cos. W. A- £ mn } ,, , B * E,*2^. t "r r jusL"vi: ,r it r ,.„ w HS5?Stt£S tesstai toff* Stocks I u.m Or HornMowor |WffU «»!h !t Or*n Ht«h Low Clo.« BStSt .., »Ti »** „ PVSraM . is >% »% *••■ iSlfinc ;..! IT »T l*w *«w mcoS* *»v *>> tSufil" ... 1.5 >»5 '*s BtfSor ... «s JJ’k .JJ 1 * -Sti' Ik H*cl* l» *** fc J|f OMlttrutiol ~ 91 H *' lUni* 1 . MH MH I* tWvii liMly .. Ik IH IH IH £t i.tu .. u% IJS dfub* I? «1 IT •* rtrTr n* Cui . «H 4 OH 45 «SV» tor*' V*r4* I 1 J • tC*«r r«n*w >*• » *> lower J% ''» -”* ■» »* i*'* »!,, {l* .'* f% 1 h '*% "» Coo*. 2«% 24*4 2 4 24 EZ**".":«' l< i' “ EHi-::*?'* ” H <* U lm*nnoo »V *J* Moot aFe IH 1% TOiPi*>*oek .... »»H **H s * •’* Tftnltjr 4>4 4V* * I’UI KrtUt ...144 >4 144 Vt 141 lC V\<i Bkoe Mch »• *• J* , ' * KEk ('on I«V* 14% I*H ]* FKh Cop ....112< 112 H 11«S 1” « V#Me **H *»H *• Wolrerlo* ... 4* 4« 4* 4« DAIRY PdODim Matter —K*tr* ereamery. JJ’ weanner\ flrrta. 24e. <l* lr Y. -* c lb -9HiEI«C 14 4r per ID. receipt*, .a»er. In- YatlT"* * 22HP* <* n »: P-- e*)pt*. 2«e do*. Receipta Mondar. L 15Iff fRJ|4* H. flm ——Mirhlian 9 rat a. !! V;. N- w . Torh, lee: domeetle Owiaa. -’•© ldtpor* «and Hwi»a. )«0r: brirk rrean . s' BT*Hn.burprr. 1-ID. 24c. 2-lk. 24H0: sane horn*. 24He; dalalea 11H9-4 «c P* r l b . r rm nrncumi \u». if ttuotetuma by lL»rnblower A W>ek ■* ■Urch I* P«* A»V Am Kub Utlift»•• c0m.... *•» 1< Du p(d ..a. .... Am Llfht t T«r I ' 1 P M I” jh Aetna liaploalvka *S -S i Clttcc Service com tV> UT 100 pf<t ♦« *»S ■ Chevrolet . 1 Motor n»w J® J« C( deu Otl 4 Oa* 1414 14*. 1 CN.rden A Cos 1 S « rai.r* • > l»et'«Mt Edison I*l US Otl I* M*| niwpUrTl lUrkar <2 41 ‘ IS 11 . Vld !M<*r! *°H *>"S ' Fa r. Ci«r A Eire • r*m ** V» *< \ Mupr M*»or ... 4 Hen liatlv r\y A Light errr, 4.' p.. std 73 1i Ortnt Milt. * * ' Booth ral Edison COW. .* * *2 *4 ■ Ppo pr3 i®« it* :r; rr% Pts Boat S*V» 2 4'. Hmafl* film IS IS r«L ft.Tfitlt A Heat IS 1 » U> r-M .* 4 Motor ** S»S rm A j <'<>mm«n . is >7 f|< | Pfd. . . ... »" 10® tork li m:» akd mr,« HEW YORK March It -Butter Firm racotpta. 4.ail; eraamery extra. • 4Jc; do. special market. 41 SC 13c H&it Mry till* l**»4|eS imitation Brat« «IS4«?c Kara: ' Rie*dr; receipt a. 11,174; a*«rhy whit# IB#J4c: nearby mIH fancy. •, Ss #.lO ; freah strata. 2*S#l®c BL fin M.t irm» itßKrr B OHK'AIKi March M. Butte' r« ttv »t<* Ik tlrPta. SMM4Sc; dairy . «J(tr«A. «•#»*< llrata. IS* 14c l r t , •Tl"** ortttiary. *RS#l7v iru. fc St% |l> •v,...r Tar In a. 246 *1 S y«n| \ A worn ntrtiHc. t^fipoltry F«ml*, tSc; duck* !'#?' K Stfe. Poi*MM: Boonota 1 * ran l l?lec asm. »i Mlneaota. »: 2* wiirooa'*, It ft# I>4 Mlnnee«o» Ml.lißl.ls faac» weal IT Soft: 6" Livestock Rll 11K.4 A (KXTHU. VPMKIIiDI DKTRiPIT. Mar.li :».--4«U«: Mar kei «I.ih prorp'rii l(>w*r; beat hea«) alrtra 111. beet handy weight but. her eteera. »:* • •«10. .ai*rd aterra land lt.if.ra, |vs»v * nandy light I but< here Sill 4.4. light butcher*, j•: .li . b* «t Cowa, S«tf I 2S. I but. her c. » >. • T tr T 2». cognooa cowa. •««r * *••« beav y hull.- |v ~ « ..I 'lrva bulla. |. •• I k) 4 at>. k bull*. 1 - juti : , nulkera and rpnngarr Ii *'* V. alralvea Mar- I K r I Hit I It. h.avl.a s7gf r Sti. ep and lamb* Mark, t «•• «i am ha t: j■• tt i; to fair lr.itir |l4 it, 14. light to reunion lan t-*. II ltt 14. fair lo gc>4 ahref. I *ull. II Pl" »* r lower. Slltf tfi: ■>. bjiam ativady. |l4.S''D 1 4.4 5. tVT HI IFtl O 1.1% E «TOCK litiunlna A lienees tAST bt KK.vtA*. N Y. March 1« J —Cattle 'tecelpta. 3.50*»: mark-t •I w, Zj ■ 1- wrr erini* atcera. 11l •> ... 1 |> '■ ' - 1' it Ml a.l* ii uw. ..'ij t>;>ring“r*. 45° tl . b market ti»*' fl . wrr. rull l chtee. ii» 4SP 114 .v'lirp nn:l lapib* I:, r Obi). n . • r. • l"** er. |<l Mp 2!) ghert t t r lai a. 11l >0 IJ, 14.40 • cull to far. fl 3 't 13 . vear- I llngK. |l2 ei « ah* <p. t‘ p 12.77 H"ga Kece-pra. 10 2« n m.rk**t ■»! .w ’««ISe Inn r rkerr. llJ.iO#l4 'h p'*«. Si 4.50 U 1 mn » 4) #1 Vs< hea» v 'J' r> ugh*. SI3D 111. .MarA lit rLK.VRI.4M) I IVR *TOCK CTJCVnLhM*. March 2« —Hog* rte-'elpt »>. * S't* ate.tdT to ISc loaer, york»r>, tl-l inU*d. IIS 20 medium* SIS .. i,*. ICS* rough*. Sl*T4: •tar* »'? Catt'e Receipt*. 3’. oer at'- an-1 M m/1 .•*’ «*p an 1 larc i * R.-relpl *. S r»*« *'**dy tup. US. * ritcaipl* I.lo*. stiady, top. 514.5# I till 44.0 1.1% K *TO CSC r’TI?CA*'.«». M» r< h 2* llcg* Rf ceip'a. |l i* market strong and Sc » pher n se.j ’and b tl. her* 1114 *t IS or. a o*l h-av>. *l4 *.*%<T 15 10: rwtggli heavy. |!l I'.Olt *O. I t h t ! 8141*1913 IIA.SO tl 14. Cattle Reeaipta ma’ket «i ward weak, bee re* I • : 11 9’: i*• •.• e ■ i* r and hei f era. I’. 4MfI«M etivker* and f*u-d- ITrtl* 1 * S1 * 50 ff 1 S : 1 Rere p? • * non ma r ket at-ady. na ,tl\r fll* 'tt l 2. 4 A a’eatern |i?9 , ?1 ? 4"• Unih\ 112 73914 *O. wegtern. 512915.2S ■ toi rim i.ivf nront March 2«-Hcg* Re. j •.•eipta libe-al tuarket 3c lower, heavier SI32S SIS2AO |SiS..“S \.<rkrra S13(?! IS I'mdr'D. Il2|fl I.Vi Calve« Steady. Sheep and lambs: Steady. Grain and Provisions DETROIT March J«—Clot* tYheat pricea had an opening jump of ltf2c. the hlgner figure l*elng the result of unfavorable n*v» from the south western wheat field*. All markets were strong and there was little news that could be considered bear tab. Anxnety fa felt for the new crop of both apnng and winter wheat. The latter j> *h‘ win* mucti greater dam. ■(< than expected from a winter that wii not especially *e>ere. and there i« now urgent need of moisture over a wde acreage. Tha plow-up esti mate ha» been raised (a i.bio.oi® acg«* by eome In vest igatprs and the needs of Europe are increasing The prospe. t of a heavy crop la vanish ing. altlio aneage <m ed* and last fall was very large/ The spring wheat out look is threatened with late seeding. There is never too much time for the proper maturing of spring wheat, especially in the Canadian northwest, and a late spring br nga the crop dangerously close to the frost line. Ther* Is still a great deal of annw in north's. ■'anada and wdl delay *< g aid) t wiil give tha newer • an s . idance of moisture for aarfv grownng The old supply and demand sltua t e , ,? ' i--; .ad May vfc'it bulliahly. allho there is no chang* In the situation In that direction Euro pean nerds are he*vy and ther* ts some improvement in the car aitua tlon Plenty of ships are promised to carry the wheat from American porta, all of which help* the price t’asii and Mas wheat lost their early strength and cloaed at *tatur ds * < losing pr •*# J jly held an ad vance of l '*r. Corn advanced ! %»c. oats lc. beans Sc. and i‘lover*od lost 1 Sc. Monday s wheat 'juotmtlons Cash \ ■ J >• i t * ~*• ■ pened with an advance .f 1 at 12 07. touched SS-hl advan'ed to 17 ill**, and closed at I "ft* Ju I .>i-ned 41 y: 4? t|. touched t v de? * sl*7. advanced to I) *7«n.l closed at Si »7. No. 1 Wh'te. i; «!. Monday e coarse grain quotation* Coen -Cash N<* t II !1 'i. No. 4 yel low aolrt early *i tl 25. and declined to |1 22U No. 4 yellow. 11.21; No 4 White, |1 27 '% Oata -fandard «*r No. 3 white. «*V N- l white, tty H e—( »sh No 2. SI *4. p.-nns Immediate prompt and April shirment. Wd. A*ede Pome red clover. Sll . Mar. h. lit? *0 Apr-1. Sll.. r >« tim thy S2 «0 T’r'niar? wheat receipt* were 1.*22 • Ah A bu, against 1.783,AAA l-u a vaar ago Kvprrts of wt:»»t and four slon da>. 322.aaa bo, T>»e»eas»s en th* Am-ricgn rislDls supple trio-at. I'-'VAA b-i ?orn. 374 ran hu. • ?)s I.34J.Ann bu. World - -wheat - 4 port * la*t we*k w „i e - .*<l 11. hit. agstnat 7 *4B *AA Du a n e» \ and Ii:/"" Du a year ago. I;, cure . > w.eat M 'ndav rniluth. 4 ,V . • ? 34 a >- *r a.??- %flnne. apolis 4".* •.n». against 728: Winni peg. ?V, ra r *. again*’ 4*l. ('Dicaro, *,| , ars. sri-n-t I*7. • .utDwest ?77.- OAA bu. agn os’ ’.44 oft-’ 1"i a year ago f(, ■* ?(. r> ft-- 1...*i. r market on %!■■? v. I bhlb of floor, 8 ! cars .rs r « m and t of I p . it- w < -► 3.AA-' hDIa #. f fl. ,» Ift isl If « « \t. ' YAO htf of htl of rye A) '-In ara a* v> • ? D<’ of • **, bu -f • ta. and .7A Ago | b ' ° f rr " , < MH tf.O tJR ill. HI r* m. Mafi ft ’* Oram of en r f ' M ;■ H•; July. up 2*. «r* i> 1 S fern May. I wn, ■ ly, un ■ ufol, Rept. up . Ip S'* J.t r. !• •<* >ni Utv hanked v. . » '• » t Mr o(> l : io: inly d'>an «i -.•pterntie' ilnarn S‘*. f'orn V’4> ur> I’ t’llv III* 1 \ Reptem h»*r ui> I'.* ‘»;»• - Max 'lnwn Sc; July -.ir. ,n; -J 4» r *teml-r up Sc. f ~*Vi** .rtiH; Rtcn J' pra tically no ch inf r. i’lo* " *(• Ma *l ' an 1 Sc. .Tmlt <t* wn 2 - ,'t l ■» n l\ o «rn: Mar tei-nniiM .1 ip S r . Sc. i*r! .' tv d* wti 1 Sc, Inly il..wn T .r, • t iliiwn Sc. rrotrlaiona •teadx. Q»|rtt«fl-na >)) T'n me. M'ebber A Cry., Va' .* i p»n 1* r* Low n<-a# f u* nt Tilly 1 *.« I 1 1 «3S R«pt. I R-J 1 SI 1 4'• S 1 * rt S Max l 111', 1 kt S 1 *«S - **• 4’t • 1 t 1 t '♦ 1 IfS 1 1* Ma> . l I*', 1 :*’* 1 its tit July i i»\ i i;\ i it s ins f rat *~ x S Rept. "* s f*:s *s s M») «l *, m*, «■*'4 tns r.rrk- Mav Tt RS 14 -,| r,i S4 It Julx 3! in :• li. i .13 $n $3 $n lj*4 rrl July, n ra •«> a., I, *7 Mt ■? Max . n ;a a: Ls *3 i M Rlha May I* f.* Tit ;t» sit no pit a; July. HIS 1*27 111* at*22 Lard Rept. ia a J*| a& la it ia aj thlBM. (n*«M (*>Rpllt. Now York Stocks Quotations by Horablower A Week*, March 28 Open tligb Lu* Close Adr. Rumley. IT 17 17 17 Ata« Rubber . S» 8* 81 •* Alaska tloid . *H :» T a *H >N Alaska Jun .. 7 • l « w a Allis Chat ... 2S lb H 2*4* » Do pfd .... 484* k«S »*W *«- » Am. Agrl com fl fl t> If \mer. t'an 44% 4f% 47 4* 47% Am Car * Fdy 7| 71% *9% 81 a Am fit Kd . 84 84 «S% *l4, Ant. ('Ot Oil. . 41 44 44 44 Am Hide A L IS IS 13 16 lto pfd 70 7# SfeSa 84 4% Am. Lin com 2A% 2A% 20 20 pfd 44'» SI , sl% 82% Am. Loo* m ..74% 74 71% 7l\ Am Smel A R 188 V 108\ 104% 104% Am Sug Ref 111% 111% 111% 111% I Ara. Zinc 17 47 13% 48 % Am Rest bug 13% fl 02% f1 % Ant Tei A T 117% 117% 127% 117% Am er. %%\>01... BU% 80% 8b % 80% IX> pfd >7% f* f7 % 91 Ana* op da . . 85% *S% »'% »1 % Atchison 108 % 108 % 104 104 Do pfd .. 39 99 M M At I <i * W I lit 118 112% 113% Raid \a r . . «}% *4 <« 5»-i Bf% l.alt a Ohio.. 84 12 B*l 80 ltrth Steel . .144 14« 144 144 ('lass II IS* U< % 151% 111% Crook. U T . f4\ *f % 88% «*% flulte A bup 48% I* ", 48% 45% *7al Ret 55% 25% 23% 21% IH> ;*’d 5 4 54 84 64 Can ad iv 185% 145% l<t% 181% Cent I-eatber 95% 48% 91% 91% Terr- de Pa* o 4«% 58% S»% l<% Ci.eaa A Ohio 42% 42% 40% 81 ChL <it H eat 1» 13 12% 12% c*Dt A Northv, 119% 119% 117% 117% n»| V A SIP 85 45 82 II , ? hlle Cnp . 26 25 24 % 24% Ch Bu Cop .. 59% 59% 57% 97% * n Rue! 5t 51% 51% 81% i Vnt. ('an Cos. 91% 92% 91% fZ I Cuban Cane .146 145 ID 14* C*>n (la* .. 120% 120% ljrt 120 C -n Pr,d Ks 24', 24 , 54 75 1 •> prd I#B 104 % if: % R’4 Ct id M Cos . 72 75 % 87% *8 <’ .b t'ane Hu 48% 41% 4t% 44 l> A ft Orand 14 38 34 54 De* Cnlted .114 118 118 D« Dtst Her up. ..21% *l% 20% 2''% Dome Mine* . 1«% 14% i*% '.8% EYIe. com 51 31 .’9% 79% l*o. l«t pfd.. *B% 45% 4 2 4?% Ik*. 2d pfd 34% 3«% 3* % 14% <Ben Motor# .120 ’.20 I*B tl* M K O’Ch Cos 55% 35% 57 % 85% fit North, pf iii% iis% n*% r?'- C.t North Ore 86% 35% 54% :i4% Oranby ... 87 81 87 »7 • sreen«* Can »J% 47 , 42 % *2% Illinois Cent . 145% 104% |4«% i*»% tnspir Cop *)', 41 4’’% *■l% Lntet. Met . YJ% 1.1% 13% |l% Int Ater M 3*'v *7% 38% •' ® Do. pfd .. 93% 43% •*• % «»\ Int. Vi Wei .. 44% 45 4 % (1% Int Paper «i% ||% 41% 41% I»«». pfd ...103 105 1-34 105 N City )4th. 2 4 2 4 2 4 2 1 Kent t'onper 47% 47% (4 44 Kellj Hpg T . «- % 44 4? 4 !*ark *t «*«» '*% *7 *3% *5% L*Digh \'ai. . 72% 72% 71 Ixtrillard .. 21° 21 st 21 * 2DI Maxwell M t M ‘ 3 52 % 52% Do. Ist pfd < * 44 4« 4* Do. 2 ! pfd 33 % 'I % 37% 3.3 U M«v. Pet. ... 94 >7% 90% 90% Miami t op. . . 41 % 41 % 41 41 Mo Pai . nw 21% 21% Iv % J« % M. AT.. 9% >% 8% •% Do. pfd ... 17% 17% 17% 17% Nat Lead ... 42% 82% 41% 81% V Kn A St 15 % 54 34 % 34% Nor. Cons ...24% 24% 2 4 24 N Y, N. H .. 45% 45% 4 7 45 Nor. A West 122% 113% 12d 120 Nor Par. ... |4>7% i#7% D*4 I•*** N. X. Cent 100 100 97 % 97% N Y, O A W. 28 25% ?4% 24% Pare Marquet % 24 % 29% 24% PaclOc Mall.. 25 25 22 % 24% Pennsylvania 54% 54% 54% 74% Peoples Q,« 92% 95% 92% 92% Pitta Co«l ... 48 48 47 % 47% Prea Steel Car 80% 80% 79% 79% Pullman .. .181% Hi % 181% 181% Hay Cons 40% 70% 2'*% 29% R» Steel Bpp. 84 54 % 12 62 Rep Ir 4 81 . 14% 84% 87 82 % Do. pfd 102% 103% 102% 1*3% Reading. >-on 100% 10! 98 98 Soaoo Motor. 57% 87% 57% 87% Sea Air Line. IS 15 14% 14% RDat. Arl«. .. 2f 40 20 28% So las-She fie id. 74 72 % 71% 71% Southern Tac. 98% *l% 95% 98 Southern Ry .40% 40% 29 49% D*>. pfl <1 81 80 80 Studehwker CIO2U 103 102% 102% Transue 48% 48% 4«% 4«% Stuta Voter, 43% 47% tl% 44% Teva* Pa? iflc 17% 17% !•% I*% Third Avenue 41 41% 4?* 40 Tobacco Prod 37% 57% 54% 58% l* A. Mining, *2% 82% 81% <i % Union Paclfl. 141 \ iu\ 141% I4«k. Unit Ulsrars f, 44 48** *5% *B% Unit Alloy 4« 44% 45% 45% United Fruit 144% 144% 141 141 V S. Rubber. f .*% 591, J#% 59% U. S Steel .. 118% 114% 114% J 1 4 »*. Do. pfd. 118 118% 11« 119% U S Stee! S* 101*. 101% 1«;% 106% U 8 Cast Iron 41% 21% 21 21 V S Ind A1 co 127 127 123 1 23% Utgh Copper 112% 112% H"% 111% i Wa».a •h. com 14 13 12% 13 D?.. pfd A. 6]>. '•*% 51% Wabash R .. *4*. "S’, ?« *« Westlnghouae 52% 73 *.t % s** 3A'U!ys Over . 34 34 *1 *•% We.t Mat vl I?*. 71 White M< tor , ‘ l *. 4«». 49?. I)?, Western Un 9*»- 9'’% 9<% 94% arm tork t omi\ *mrki i Marrh 2* floa** Open Itijrr* Iy>w R'<l a*t Jan. . lit* lit® t■* -v ja j; ltlt Apr.. l* an it an Max- P*: 1R T 1 I«*s l»»r. lilt r ,ne It «a T'ltx . it *7 11 *7 I*7l I* 72 1* TANARUS« A'j* .... 11 If Sept 1« SO T* 11 I*2l n22 1*24 Nev t 1 24 Dec 111* 1* •* I**l 1»*1 1112 Tol K.no I.nm TO|.KT>). March ?!• -O"** ITheat. (*a«h *2 14 tt a > |' ‘it S r rn. r aah l! II Mar. Il l*S . July. »' II «»at • i 'aah. ITSc; May. tl'i. Tilly. AOS' Rx- e fpah |i «: n«r. 00.4 rath. 111. March. lint* April. *lOn2S Ort . |a *O. A lalk* Prim, and March 111 SO Tlmothr f*a«h and March, II SO Rutter Rrf# k rr.amen, 2*c. tub creamery. 41 S r tun Treah candled 2>c fancy »e --lert*. 11c. Har: T*nchanfed. Detroit Bonk Detroit bank Heorlnr* for Monday were W,81k.12RA3; total clearln** for ni7 to date are *«?«.421.141 17 H* -vfainat $43.1.172.38: for the tor re* pond i tig pnrlotl In 191«. Rlarto Butter Butter, all aalea *®c no change from laat week'a prlcea PtockhoMera of the Conccr.] anu Montreal railroad, ore of the I *a ed t'ne* of the lloaton A Maine *ya icm. are to rote today on the qtjew. non of approving * modified plan for Ihe reorganization of the Bouton A Maine STRENGTH AND SERVICE Two important factors to b* considered in making your banking connections are: OI'R STRENGTH — guaranteed by a capital, rurpli:* and profit* of over aeren million dollara. and a manage regarding abaolute aafety a* the flraf conmd*ration OUR SERVICE dereloped to the point of higheet es flclency through the eiperlence of forty ft. e year* In meeting the need* of the community. WAYNE COUNTY AND HOME SAVINGS BANK Sixteen Offices in Detroit | DETROIT TIMES $100,000,000 Government of the French Republic Two-Year 5 Secured Loan Convertible Gold Notes Dated April l s 1917 int»ro»t piyiu* Apni and Octobor i Due April l s 1919 Principal and intrroat payable at tha office of J. P. Morgan £ Cos. Coupon Note, in duaemiaatlana of il,ooo, SB,OOO and SIO,OOO Convertible nt par, upon notice, at the option of the holder, at any time before maturitv. Into Twenty-Yenr SH% Bend* of the Government of the French Republic, payable April 1, 1957, and rot subject te prior redemption. Principal and interest of tha notes, and of the bond, into which they wtay be converted, are te be payable vritbewt dedwctioa for French taaea, present or futwre. In New York City in United States Gold Coin. Principel and internet of the notes are also to be perable, at the option of the bolder, in Paris in francs nt tbs Band exchange rats of Fc*. 8.78 te tbe dollar, without deduction for French tuxea. In connect ton wfth the provision for optional collection in franca, ft may h* noted ♦hat thia fentrrre amounts boa «H an FVenrh Exchange for two years at a rate of Fes 6.75; this being ahent ten per cent, below mint parity, Fca. 6 I$H. at or near which figure Exchange rule J prior to the disorgnniration of foreign market* brought about by the War. Such additional profit from the exchange feature as may accrue to the holder* of theue Notea will i.ieolee n Increased interest cost to ths promiseor. but will be consequent upon «uch improvement in trade and Exchange conditions as may occu* during the coming two rear*. The Note* are to t>e secured by pledge iwith Central Tm« Company of New York, of securities approved by J. P. Mor gan k Cos.. eaJued in the aggregate at not lees than $120,000,000. of which approximately $20,000,000 in value is to conmt of securities of American corporations and munictpa!itie« (including securities of the Canadian Pacific Railway Company), and the remainder is to consist of obligations (e ; ther direct or through guaranty) of the following Governments: Argentine. Hruguay. Braril (Funding T.ogn). awitxerlard. Holland. Spain. Egypt, Province of Quebec, Denmark, Norway and >ts»e<ien (including certain bond* of Mnrtyrage Bank* in the last three countries, operated under Government euperrieion. and quoted cuvtomanlv on a parity with the obligations of their respective Governmental ; also bonds of tbe State of Berne. Switrerl.MMi, bonds of tbe City of Stockholm. Sweden, and bon?le and «ha*-e* of Spanish railway companies and of the Suet Canel Comoa'v. Provision is to be mode in D»e pledge agreement for the maintenance of the iOX- margin: for temporary lodgment of rvmb pending the arrival and deposit of all the rolia»r»-al; <or the holding by depositaries in FVance of eo-h eoupona from tha pledged securities as mature prior to April 1, 1919; for the sale of collateral and purchase of notes xrith the procoeds; for proportionate withdrawals of collateral a* ro»e* are converted; and for substitutions of collat-ral approved by J. P. Morgan £ 00., the amount otf A mar* cm eeilateral, however, not to be reduced through any such substitution. This offering le made subject to the approval by our counsel of the nereaaery formalities. * i .ii i —■.—■■—l., ■■■■i——— ■ ■■■■ WE OFFER THE ABOVE NOTES FOR SUBSCRIPTION AT 99 AND INTEREST. YIELDING SLIGHTLY OVER «re. Bubecription book* wiTl be opened at the office of J. P. Morgan £ Cos. at 10 o’clock A. M.. Thursday, March 22, 1917, and will be closed at 10 o’clock A. M, Wednesday. March ?*. 1917, or earlier in their discretion. The right is reserved to reject any and all application*, and also, in any event, to award a smaller amount than applied for. Amount* due on allotment* will be payable at the office of J. p. Morgan £ Cos., in New York funds, to their order, and the date of payment will he given In the notice* of allotment. • Temporary certificates vrlll be delivered pending the engr*rir.g of the definitive uotee. Application will he made to list the above notes on the New York Stock Exchange. J. P. MORGAN St CO. BROWN BROTHERS St CO. FIRST NATIONAL BANK, New York City NATIONAL CITY COMPANY, New York City HARRIS TRUST St SAVINGS BANK, Chicago KIDDER, PEABODY St CO. LEE, HIGGINSON St CO. J. & W. SELIGMAN St CO. WM. A. READ St CO. LAZARD FRERES W. P. BONBRIGHT St CO., INC KISSEL, KINNICUTT St CO. WHITE, WELD 4k CO. SPENCER TRASK St CO. CHASE NATIONAL BANK, New York City NATIONAL BANK OF COMMERCE, New York City GUARANTY TRUST COMPANY OF NEW YORK BANKERS TRUST COMPANY, New York City CENTRAL TRUST COMPANY OF NEW YORK FARMERS LOAN St TRUST COMPANY, New York City UNION TRUST COMPANY, New York City EQUITABLE TRUST CO., New York City COMMERCIAL TRUST COMPANY, Philadelphia UNION TRUST COMPANY, Pittsburgh MELLON NATIONAL BANK, Pittsburgh FIRST NATIONAL BANK, Clevaland FIRST Sc OLD DETROIT NATIONAL BANK. Detroit MARINE NATIONAL BANK, Buffalo CONTINENTAL AND COMMERCIAL TRUST St SAVINGS BANK. Chicago CENTRAL TRUST COMPANY OF ILLINOIS, Chicago HALSEY, STUART 4k CO., Chicago FIRST NATIONAL BANK, St Paul MERCANTILE TRUST COMPANY, St. Louis Dated March 19. 1917. rOODICK M4RA4KT NEW ToftK. Mar. 21 -Klou- Quiet) and h»ld h.ph»’ > •« -* mc*«. Ill* I« 5» die w»at »pnt. *2<i Z'l 4 t .«*r I Raw. firm, centrifugal. :*4 i.,i |* 1 If S 44 . muacoxadn. I < tew t** *, y 4*7 refined quiet cut 1> «' |» l cruehed I* pn»d.r»4, I" *'«ou latad |7 fl *lO (Vif.r Rn \ , ~ , on *po| ’Sc Tallow Stroua «pe. cial. U\c city. lie. country. I2’ T fy ! 12S'- May Elrm prlm» N . 1 *lo' 111 IS. No 2 IS Or* Sc: r Inver. (>(/ | t ;.'*•»»<t povltry I keya, 1 41J 14c • chicken*. ilfiilc; f'*wl». I‘S« 24 Sc dire* * - Live poultry l’n»ettled »»•#*# l',r ! ITc. duck*. Me fowl* 2lft2Jc tur key* Ur rooater*. I*c Mrk»r* Trotler*. 14822 c. CIMM T'naett let]; *»ate milk common to ap'rtal*. *t s BlT'yr akitne. common to »ye<.ala lOfl 21 Sr. fTRR rorrr.a rrocKt. Quotati on* by Hopnblowep 4 w*eka March 21 Rm Aeked Butte A 2* 33 R'-*ton A Montana ....... (. i‘ (‘alavepa* 4 * rhlef is, 3 1 i''«.nßoMda»ed Arizona .... 2 3 ’ Key per Mining 3 4 J lr*t National .. ?s 31 fJoldfleid ConaoMdated .... y', tt*. .Turnho Extension 34 l* 141 Rose 50 m Mi;nu 4“ S 4*U Nevada Douria* 2S 3«I r>Mo ropper 1 14-u 1 ~ u Htewart 4 R rn Uurreaa 42 41 •Vckrin ] Announcing the Publication of a NEW DE LUXE 64-PAGE BOOKLET THE AGE OF OIL CONTAINING: The story of she discovery of oil in the l'nlied State* Who produce*. refine*. trans ports and market* petroleum and Its product*. H(,e the pipe lines came into bHn* Th*- formation, rise and growth of Sr uidard Oil and what it ac complished in tb® oil industry. New producing fields and tbeir Importance Petroleum as fual, H’andard Oil companies before and after segregation Independent producing and re fining companies, and their fu ture In the Industry Vital statistics on 37 Standard Oil companies, showing capital! fiHEa MAT BE OBTAINED Off BEOfEUT WITHOUT <~HAROR thk H'K>m,r.T having nr.r.N i mei-ahed for GRATurroui dip.' TKJBITION. Al-THOfQH THK EDITION IM I,llf IT BD Oar 4lr*rt »H»«o wtr* t* *k» New Y*rk. a««fti ■ T»r«a4« eaoklee nm to fli» rtrrptUasl (rrvtr* •• •Hfrt far M«t«i • locks. Nlalaa sal Oil ttarki aa4 (art IMaatrlala. PtNOßscor I suiunwe |j£'&fcg| _ ration, dividends, officers. etc., together with a detailed deserlp tion of the business of each com pan? and the earnings during 1916 Complete Information regard ing f> 1 Independent companies giving all the physical and fl nanclal data necessary to the In vestor. whereby he may be an abled to secure all the Informa tlon necessary to form an ac curate Judgment of the value of the Investment. The wealth of statistical Infor mation contained In this booklet make* It the first of Its kind ever published Ti should be of Incalculable value to those Interested In oil securities TTKSDAY, MARCH 27. ISI7. At tho big national automobile show* In New York and Chicago, there were this year comparatively (ew dealer* from the South. Southern applicant* for the Har roun line were aovxirdingly Informed that, aoon after the ahowa, a ape clal reppre#entatl v# would visit them to doae up auch territory •> remain ed open The rapid progress of thla Har roun man** trip may be realised by eanerpt* from hla telegraphed re port*, printed below. Remember that the cloelng of one "itch contract la often a matter of weeks and eTen month* of negotia tion* Ho watch the date*. Thla salesman started hla trip by contracting for St. l,oul* territory with the Hudson Phillip* Auto Cos., one of leading distributors In that cltT. He reported the rontraet, re ceived further orders and set sail, a* follow*: MtCMPHI*. F*h. )I—Have rinsed contract !>>ckwo»d Auto Cos Deposit and contract sent In tort*' Must, meet M- Nell. Little Rock, Thursday morning leaving tonight. t.rrri.K rock. r#b »t—rinsing contract f«»r Vikanxas ntth McNeil. Have >i*u any imminent? PALI.At* Het> tt Arrived h»t* (hie rnnmini <*lo«cd ■ nnirart Okie homa veeteMav with M<>t<-r Sale* Cos, Oklahoma City. Llveat hunch In state. HOVftTOV, March 1 --Closed with Cameron of Dallas Arrived h*-re this morning ltnr.*Tnx. Mat h t I/nitti ♦«- night for Austin llavr dc*l rloeed in Houston n th Northup A Clark HOt’ATOX March T Closed Austin with t rider <on A Benson Leaving for N*w Or lean* vrtv ortt.r v\d March it ctn«*d \c* Orleans «ith kkerrouse Steal Cos, In Cme i«i make Shreveport ‘tat nrdav .i.sing nnrthe-n pact state Contracts and deposits both ma.led tods y. RtRVIN'TH AM. March l* lined contract tndav for Alabama with Toung Cos. Fa'-hard d> sir Ibutura fx'Svc tonight for Atlaaia ATIJtVTA Mar-h ’I Have Atlan ta eltuaMnn to point where I can dose with pick of the Seld on return trip from Savannah leaving to night. AAY ANN AH .Ma-""h IT cn a ««d contra-* for Savannah. Iwav in* for Jacksonville M tCoV rja March 1* -Arrived this i orn n* CJ.»*ed -nnci'-t Jack. 0 n<lll« with Korsvthe M >ldv Ca. for courtesn counties. Adit MTA Cs March IS Closed coatract with It 11. Wtlcus. Leaving now ATi»A,S'TA 'ls. March It —Closed p.-ntrai » tidav with Collier for At lanta and Mac n He will have branch opened ih»r -as aoon as lie <.a* lo cate leaving for Knosvllle. Pend ing contract. KVOXVTf.T.E Tenn . March 21 Ctoaing contract with Rogers Cos. for Knoavill* and IT counties Kast Tennessee. Leaving for Chatta nooga. We thought well of this *al*«man a hen we hired him. But tt takas more than salesmanahlp to cloa* eon tract* for over 11.600.000 worth of motor cars for 1917 delivery La five w eeka. Those cars were HARROCN cars And those merchant* WANT KD th»-m. Read thla telegram, received dur ing tbe -airsuian s first day in At lent* Marroun Motor* Corporalt--n. Detroit. Mich ▼ou will make a Mg mistake ts Vo-: do not g ve rne lUtrmwi agency f.»r At'anta territory lamina posi tion to handle a* mart) uri a* yoti wtii a’lot t-» th* Atlanta district and will guarantee to sell as many as yo-t -an furn'sh. If yoti degire fur ther information as to financial re sporslhlllty. communicate wtth the Third and Tx->»ry Na'ional Banka At lanta Wire your man hare ta otoaa with me. And the signature was that of one of the biggeat figures In Atlanta'* re tail trade. A Corporation with a demand Ilka this I* worth your attention as an invgs' ment. Marroun stock, now $4) a *h*e*. will surely ba quoted at par within a few weak*, whtn production begin*. Your atock will be delivered In the form of ad Interim certificate. Issued by the Kqultable Trust Ca of N#w York. Harrovn Motor* Corporation Fourth Floor, Dodgw Building. Jaffcraon Avt. E . at Bruah It, D«troit We are specializing in Hasroun Motors Corporation Stock ana will ba pleased t« give fwtl details regarding th# oompsny’e dregress sod other Informative ptrtslnlng to this Investment. Harbridge & Cos. Stock* and Bonds gg Buhl Blech Oetrolt Phene Main 9723 rfiKtROi.RT ««to* coevivv An Initial dividend of It ksa been derlared on the stock of <T>errole» Motor rtorrpany. parable on May t. ISIT to stock holders of record a» me ’elooe of Huaiaeoe on April 10. grmm o woop Assistant Secretary. «l«w Tork. March I#7 1917. frlefta* — *%• rha mi kina—4her Is riakt—Tlbmi Jek l)»r*.— Mata oana DIXIE New*-Bulletin No 16.