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? -, ? I ? ' The Farmers'loan and Trust Company ,. & 16, lft 20 & 22Wffliam Street inch Offloe, 475 Fifth Avenue New York. - Lh.,aW.| 26 I '???'?? Btittt, LQ -vari l?ansima-.n B] If. W. 7 Irmfden1 ?Latten of Cn ail Foi A. A ?ajg tor Guardian To the 41 landholders of E.I.duPontdeNemcurs Powder Company ? re than tw?> - - . ' Nein?n.rs A the - '. { ? ? ? ' ? ? ? ? ? ? ? - of fl - ? I ' ' ? ?j ' '1 .'Hall 111] are ?. f fhe com. C limn ' i rolun. ' ? . the dated ? h del ? m*. months, In wl non ' !l>i\e uslon . :. \ear thereafter ? et ? ? l .?lui h . ??lend u ' ? which -,!l HI t THE MlnYK I I VRE STOCK R8 * I ! k Pent de N?mours Powder Company - OB, Tn isurer. . NOTES 1 r | A . ? ? -, < - ' i" ' H l4 I 1 4 * ? ? - . ? ' - - . 4 75 '? -, , ? HI.. 100 . '-. 4 4| . ? ? ? * ?'? su ?,.n ? rument (?sute*. - ? ? ' ? . , . < ' ? . ? ' . 4 - I l*. . . \\ I ? ? " ' ' "?????1 ?. * ? . * DIVIDENDS DE4 LARED ? p.a.... . . r ,:?i. I 1 . I I STOCKS IN OTHER CITIES. BOSTON STOI K - H ? ? I ?? ? ?? . \ '. ? . ? . . a ? ? ? , I ?-. * ? ?.????'. '. I* ? - *? '' ? - ? ? . ? I '' a ? ' a ' a . : . a ? -, : a ' . . * ?n . ? I BAtlaBl ? Main? . a . ' ? - '?? ? ? a . a ? ? a ? ? '. . I . 7? ? - ? ' : ? ?? ??? ? si PHILADELPHIA STOCKS. .... i ? ' . - . ... . | 7 i . II 7 7 ?.-. 'I ' \ ?."a ? 7. ? It 1 J ? gone.. I I ?? ? .8 a ' 1 -l - . ??. T| 7| i III? ?GO STOCKS. *?? -a ? ? i . ' . I a.* 1 Am : e ' I ; j I > HI do PI '. . , ? . ? i U*? ?1 ? ??? ? ? ? ? -? - : ? : -, ? > a I ? ? ? . . S 8 a . 'a a a a ?... M*i I BALTIMORE STOCKfl ' . U?l " ' ? a 4 . . ... ? ' ? . * ? M ' ' a ? ? l.aa? II : ? pi . . . ' a . . !.. \ M I Belt VA* ?'?'.'. ? ? I'uil b S ?. car te 10.4 > , . -, K i? I r I ' .'? '. ' a ' a 'a , | la M 11 ? PITTSBURGH STo< Kv ??a-. . .? : ? les SB) Am W Ol Mi **. ? . la? ft ] a ?'. ??j 7?s . 1*4 a-, ? , ?-, S a . 1 ?" . ? a - a ? a . . . ? - * 8 n s . . . . - . , I -> k 14 M W YORK CITY HONDS 1?! I A.a '? a,' 1>1T . * ?? ? I ' 1 I )U ? .- 4 ' ... ? ?... .rasJ i ' . . Iftapataiaa. TOnCS OF DAY IN WALL S?REE Studebaker Lea Is Declin When French ? abinel Break Is Felt. PEA< I S< \RI HITS V\ \R ISM ! s HAR! \ u iani Resignation !*> i oun Disturbing Alexander Out -if o,(rseas < i mpanj, leba V e i the . ? ? is a run ? the < rk 1 er it ? ? ? ? ? - ? ? ? I, and ] ? l ? ? ? ? ' ind i nter Bethlehem St. ? I ? In an app? in the last quarter of on time to | war I ? Ti- Ur Behind the Game ? ? ' ? I ' : ? ? ? - ? ? an i - i of a eatasl mor i r the ? ? I ' are could ? Separated intu 1 - l stocks bi direful i i thi ket a movement ihnt was almnn unique ' declining the war ... only s ? ' ' , te rally 1 i ership ? ? i ? mov? . InterpretliiR trie News. In 1rokcrage housei the .????-? ? from Europe was van ?? rpreted There was in many place* an uneasy feeling that tho Allies were, in th? famous j.hrnse, "cracking under thi Bat cap.tul Is ; ? are in si.. eel ? . A ? ? ardan? ? the wai ? if the All lei ? '." was, ir. . Ont ?if Overseas Ceraaratlaa. It b? luring i ' ? ? ? the or| which * - ; | ?''.'? : ' ' | pan Alexander J Hem] man ?-f the panj f the o ? nothii the i ? t that 1 Hepes Dassxrd t?> Earth. ? : 1 I-. I I pul the I i i lai ' . ? ? rer 1 ever 1 I - ? ? . s1 ?. ? i i . cci.t a ?s?sF throe/a m. *?*? i ?? *? ' ..? i im i mm m - i i?t III I II I I I |. 4M ??'... . ... ' , ? ? I I '?II ' I ' ? I I . ... ? - I a f..r ? 1 I ? ? II i, I . . !' II . 1 - l I Man lot ..MM II ? . lenas . i i i ! I I I ? f- - 1 . - I ... reai ? ?? i ? ii. ? ' III i i: i in v ? -. i I- I rWKI.VI ll't - I i:i \l s ? ? - ilerilar'? elaa? 1 ? i p . . . I - ? I In l?l . I . H . . . ?? . i ' - ' . ? : . I . .i. i -ij II ich for I , ! . ? ? ; . -. Sis II I H ? -i -? , ON ' ILIDATED. ? a '.. , ? n .?'-i ? - : ! - . a I ? ' ? - I? * I * ??-, a ' ? a" LA minim;. ? ? ?- i -, ? a a . 8 I ? I I 1 ' 8 I ' ' ' ? ?: ?IH ??'. 17U a" , IIH : * ? ' ? TO PROTECT STOCKHOLDERS Amt-rli. i i* lea Campan* May 4dapt i:.-1 ?rterlai v -ante. At ? mes ? -.?ay < f the 11 ?. ? . ...-?? More lock ha? ? ... | ... i? be? ? r la tl ? th< tes o ?. ? . - ? ? - a BBIEF WALL STREET *: Ms ? res ? i ; - ' - ' earning? i - ' ' ?" i san ? - ? ' t i est ago. Ml I ol S M ' Coal pen*ei ? : i A. becomi sir I ? . LONDON MARKET TONE UNCERTAIN \\ ;ir I nan l ow< r In Restrlt '? d i?, nlings Imerii nns i and s' Sa rather a ? l ? t new war loi ? rere quiet ? I ? ti ' < : ha? ' t Moni t rates were ? ' ? ? LOXIl II PRICES. I SALES SEND COTTON DOWN $1.50 A BALE i ?? tied Politics Abroad Cause N-.'rv ( overing H I Late in Day. 1 he eotton market ? ?1 50 a bi le under heav) ? rig tioai abroad seemed t.i increase the ? ? ? | the eelllag i , ? ipot ? - A. January brok?* through the It-eeat level numerous ?top orders were en tered ' rerll ,; -.,---is heavy B tl ? ? " i ? ? ..cal bulls were smong ? sfter s of the eeasoi ed rather more fri->nd Thi ... ind i ; : ' i i ? any indica ? ? ? .'.. ? ?. . i | Utter a ' sboat 26 I point* thr. ? f 10 point . . lowest leeel of the in thi- ? I numerous of esi sr spat narksts ami im ! seeounti I of the river. January sold off to 11.85c, with the genera! ll?t showing net los ? I '.'to S 4 points. The final ol tioas ibowsd rallies of ;, lint! from the lowest, but it ? . | i raaaf or,- ? ? i by the break ? ? while ? -inl reeogi - i ? ? ? ? ? : polities ter of the than . illy re| ? I ? on Co- - I ? . Ill? 1:01 .' ? ? . - 12 0? l: ? .. ? .. ? : ? . ? .. ?. - . ? . ? ? ? 4 - I, ? a . ? ? ? . 1 ? . -4 - - 4 II 111 11.11 , ' ? . ' ? :. . -, .i - ? ? ?i. ?. . e No Consolidated Oa?. Mflrr. ? i ' i ' ? 1*4 i made waa the! ? . . on a 1 fer seal i pa ' . irtei | SI 1 a quarter of 1 I st astnv $25,000,000 IT?L.AN government S% ONF YEAR CONVERTIBLE GOLD BONDS ? ? ? ?ii i i ? it\im t wrs ? . ? tobet IS ' - - . Bild inter?s! h? ofhces of I.ce. Hig,??n?or. 4 Con i ? Hem York and C ?hh ??.o < ? >'. /ERTIBLE PfUVH ' .......... tes of I . ? - par We r?-?,i?rd the credit of the Italian ll as excellent and theso notes as unusually attrot'ive. I lu* tot il annual interest charpes on the national debt amount to only I bout $.*5.23 per capita. '1 lie- two conver-ion privileges giv in, .?rtant ri^f ts of which the purchaser can avail himself Inter if h-* di -??.i? s. population of about 36,000,00" I I ? 0,000, or ?' ? ( ?? . ? nu all tele ? . . . . ? . ? . .... . f this ' ' ' ? ts, be de ? ? for tl ? been one notabl men! in | ? ? ..... j troi I si ... . ....... s 98, | ts credit ; ?ts ii lalian banks show < lins: De] ? iber 31, 1- ! $222 ? - - ? 1913 1,1. 32.68 M 1er tl tibie ?? ? in .. ? ?? ppoi tunity to ] ? - ? ....... | ... them attractive to i Tile pjfoceedl of these notes will be expended for merchandise and .?.??jjitici purchased by the Italian Government in this country. 7, . liable t 'veered pen Una pr . i of tl noi t. We shall be gLd to receive applic.lk as for these notes through any bank or trust company in the United States PRICE 100 AJVD INTEREST YIELDING 6h LEE, HiCCINSON & CO. CL'AP.MJTY TRUST CO. OF NEW YORK NATIONAL CITY BANK MECHANICS ?St METALS NATIONAL BANK FARMERS LOAN ?k TRUST CO. POTTER, CHOATE ?& PRENTICE KEAN, TAYLOR & CO. J. ,x W. SELICMAN ?k CO. KISSEL, KINNICUTT & CO. ? ? iranteed, ? - . ... *.I other hicfa we believe to be accurate ami reliable. PRODUCE AND GRAIN PRICES Wheat Gains on Improved Export Demand?Corn Market Firm. ? m v -- i I ? I .: . . . , ? . ...-.'? it h ut ? : , . \ . . - I'o a. - .. ..,-: |. I . | . ? rt- i? of IS . V t!.? m?rk?t ?? ? SI ;. ? '. ? ? ?>? ? ? I f fflnlt? ? "-.*. I r"|.~l ' I " ? ?" ? ' - . ' . '..'it patXeap 'r.,m :l>? tal , i . ?? r m ii,I that ? I i ? - Ml : *-r *.. ? ? ?'* '??-.. . i I . I *?ld thai m . i . . . . l ?'. - CORN. - I . . ..... . , ? I" ABiertc? i - . i OATS. a t ??,,,- ; ' ., t . ? ? . 1 ? ? . || I ? - ? ? I ' ' I . . '. . ? I. . RYE. Msrta sea ll.SS. e I I Nea NFW YORK PRICES. Bias u ?* * .. i. .1.1 lMICACO PHICF.S. ris : ?? . ? . . i , - ? . i ... -, ? - . IU s ?r , ' , ' -, -, . 1 . . . S - ANO HtAL. 4 ? ? 4 - - . ? ? '. . 11.. ... | - . , ? 1 , |4 TI j ITH?'H *?|.l| I ' I I . ? v , . ? 1 . I .1 i . , ? I . . - 1 i . I . ? ; ? i . PROVISIONS. -, . . ? 4 l*t* 1 . -4 '? .' . 4 RIM | Il . IB%* CHICAf.O PRICES. y.,. , ? ,- I ? . ? ' i- ? . i ? u . I. ?I IS] ?*-*? * ? 11.11 1 COFfEE. . eefl ess saala setlse snd l . I i* VU ". ? I 4, . A . ... . .-. ? M i lei ' - ? - ? It i d . - * , . . ? . 4 ?ture In th? " ? . . .... - . . . . . ?t sml fre'i ... , ? I . . . < I IS 4 , . Op?-. IHin lern ? * A- I ? II e ?5 i nl III . ?: ?? v. ? ? Jn.uirr ? ? t f. '? ? - .417 ? ? i M UT h _ I T4 6 ?4 ? T4 I ? i April . -- ? *:$* ?? Stsf . i? tu ni ? . lene . .... in : oi e?4 .....' . . ? ' :? -.r r is r 13 to? r .. 3 : : 2 I ?r SUGAR FUTURES. Put'inn? op?r.?<1 q-i>' > ' ? I - ' . y . I point? ett .????-. ? ? ? ,'. - ' .1 '.??-???? ? .4 - It? ?Bsrksti . ? ' ??'??.-... . ii ? i . . ? I 1,1 U I | , r i. ?. ? ? - ' I leas Si |i I , : .. Xmtee Open High l/iw. i'l v, ? ? 21 3 il 1.10 . 14 i o; ii' ? o: Mi ? ... ? ? ? 04 ? ? 04 Ml III I II I II I ID.?? IS .1 11. i :o UlfT.it ... If ' .1 COTTONSEED OIL. ? ?'? | ? ?< -rt. ;. eaS ? I ?wird '?i ? . . ? ni t ? . . . I ?er I . i ? - - - . . ..." ns i ? 4 ' privet 1: f Op?r. Illgri Inm < ~ 1 ? , ? ? ? f T4 : :i 'it I : r.st :? ? . t . t il : it t il r -, ?. tSSf I 04 I 04 T ?I I IIS MET?IS. Th? . - t ? . ..[-t?' ?i? ?t.? i, ? I . i- I . - ? mI it 11 -, i - v. i. i, ? ,- ?. e.- i ......1 4 ? . . . : - -. ,, t 4- ? ?? ' ? s.. \ ,-?? ipet mil u;u . I ... I .11 ((?lot? I 41 I .?, I ? > ?pot it (til 5? f?r ?'.'... ppat i i .. i . . I . .- ?- ?!...! || . ? . . 4 ituf?s ? : CIS 1er ?:? ( ?u \iin raoouci mabkits. Vrw \ n. i? '.* ., ? BUTTER. .? I ? ? 1 ~T 1 . ? .?* 1 ? , -l ? . m \m so .. I a ? ? a . MA? AMI STHAW. a ' > ? ! : ... fHISH FRUIT. - . ?<-?;<? a- 1 s ? I .. . .. r ?. . ?? ?? r \ I. I : at I?. I ? ? I I ? ' I ? ? . . > , , -.Li ?? . * gl ... i I? ... I .1 . - ? ... . \ '. - |. 1>. . . . I . . l I?.-. I. a ? r ?. 4 , ? I ? . a I . a - 4 ? ? ? ... a I'. ? M I . - . a ? ! . ?. , ? , ? : ii I ... ? . .'a |l a, ... a ? I I POTATOES AMD Vti.IITA6l.il. 1. ? . 1. a 1 ' M *a| ?' ?II ?A. -.?.? .? 1. .5 . a . ? ?? 1.411.5 ... . . 44?.- I'.. I ir-.'r I ., . II '0.1. ?aj. S , i.f*m. M.I. ? I' . ?II 75. baa . I all, . .-? lia AlllH i?'.'. . - . . '.'?< ri 'a , ? I- ? l . I ? ? 1?. BUI n I I '. - - '.?arbi t ? a- : a ?-.- aa . . ..I ??....? ? i?l ma., I M ? . . ? Mar? ... ' , ?. 8.1 as ' t1 'i - '8 I ? r a. i y ' .11*. latas * 4 . III. t ? I v'-t . .', 411 .? ???*?. I 1 -a ? 1 .-'. . .. ? . . I IMA IikaNh. ?I ?? mi ihtMiua. I .' OMONH ?'"'? rala i aaa.4 I ! I a '. I'M , 4|1 10 ? I . a . ' ?. ). m t as ? : ? al ?1/4KA. a I III -. - I -I . a a , par ... ... ? -.a 4 . s .???? I. ? I. ' p ina.ll. paar I I >a ,-? ?mi , -asas?. Il' - ? ? > > aaa.l ' 'a Ma 1 4l* . ?ItMSlKB I ?! .' 11411 < ; y_r 1 ? . ! -HP <*a . It'lMAITVS r.aasat as il?*? ft in lunrnm |??f . ? ??? -l'lN4ril taaaiH. . taMV J . .' AMI ll.i'aH H! fj. ?I. I? ? UN I I'M ?tilt* l^>' |. .4). |? III 1 IM ?T'?.*a rtaaa. . ? ' 8 ?V , ? ? ?- i a: watu a 41 I IVr'STOI K MARKrTT. ? ?aj t -? Bsaaaa ??. m sitvia ? ?; ?-?si ms' r pm.mtjnoti far ? a ' . IS. IS ? ?' ? ? . .1 r-.! *S. !??? ?ia.1? ., . . ???<! l-aaa?.! ?Hite i-Aiv.a . .a - ? a . riajm -a ... \? . || . ? ? .?1.1 ' '-. a Iraaaas] , aa. SHtl? ANO IAMBS .< ? a*?ssai M . 4V ?. ... ?i arts? ... ...? ? - l(, l . M II aa a .??*? ?.??! ,. UJJI * ??