{ title: 'The evening post. (New York [N.Y.) 1832-1920, May 14, 1917, Page 9, Image 9', download_links: [ { link: 'http://www.loc.gov/rss/ndnp/ndnp.xml', label: 'application/rss+xml', meta: 'News about NYS Historic Newspapers - RSS Feed', }, { link: '/lccn/sn83030384/1917-05-14/ed-1/seq-9/png/', label: 'image/png', meta: '', }, { link: '/lccn/sn83030384/1917-05-14/ed-1/seq-9.pdf', label: 'application/pdf', meta: '', }, { link: '/lccn/sn83030384/1917-05-14/ed-1/seq-9/ocr.xml', label: 'application/xml', meta: '', }, { link: '/lccn/sn83030384/1917-05-14/ed-1/seq-9/ocr.txt', label: 'text/plain', meta: '', }, ] }
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J I • IS IT NOT SOUND POLICY for you to do your bank- ing business with a Trust Company? ·Municipal W< own and offer a compre- honstve hst' of carefully selected mumctpal bonds exempt by law from the Federal I nco me Tax which we recommend for m- veotmcnt. We shall be pleased to send desc.rlptlVe circulars to mv~tor.s on request I - Harris, Forbes & Co Pin• Street, Corner William NEW YORK Renskon, Lyon & Co. r 1\ CID 1 ork Stot'k Euha.ngc ~etc l &rl Cotto11 E.rclumg~ Membera1ll rtr 1 0(1. 'ProdtH\O EJ!~I(UIUO (\hfcago Doard uf TradQ \: rtC\ 1 ork { ol!cu E.xchOti06 New York Mexican 10 year 6% Treasury Notes Due 192J Series A (London is~e) Mextcan 5s Ert,.ernal Cons. Gold • Looh 1899 z.:ational R. R. of Mexico 1st Cons. Mtge. 4% Gold Bonds 1951 I SUTRoflROS.IJfh J<E>IB£1t-' NE:W YORX STOC« EXCHANGE tzo 13ROADWAY NEWYomc. ::hll t1 ph on a liRe tor 7.J50 SPECIAL LETTER on Submarine Boat Robt. E. Kemerer & Co. 50 Broad St. 'I hone B•oad 6824 TOR OS TO BLII ALO PHIL)' llLLPI!I,~ . Direct Private Wrre~ Cinn., lndiaupolls & W 5s Rutland R. R. 4' 2 l Toledo Terminal 4' ,s Tcronlo, Kamillon & Buffalo ~t Wdkn·Bme & Eastern 5s DE~Ll' IN F\\ d. LISMAN & CO. may be had on request A. B. Leach & Co. ln'fea~m\'nt Se~rlt.lf'a 62 Cedar Street, New York C\hlcaro l'bllarlf!'IPbla lhatr 11 1n B01tpn Raltlmou• l;•n•l\n j J SLIGHT REIJO'VERY IN PRICES, :BUT WITH MUCK IRREG_tJLMUTY. Gams· in N11merol\ll Industrials, with Railways :Moving Uncertainly-Ex· er...--$1,800,000 Gold Exported. The strength of the steel< ma.rket dut:· ing the early hours to-day-though on very light tr.tdtng-was.larg~Jy no doubt, an automatic reaction from the weakness which prevatled last week There WM nothing In tl\e day's news to alter the real financial point cf :view. whether for better ot for oorse The poJitical enigma of the ,moment. the condition of things In Rnss1a.. remained what tt 'WaS before. with some further defimte evl- d~nces of disoouragernent by statesmen at Petrograd Wall Street's tmpreBSlOn fhat what we are witnessing h trie plaYing by labor 1mtons ~r the t61e whtch tile Jacobln dubs dpet formed in France after 1789 is strong, but so Is t11e 1m pression that even an I 'W W. membership hro~ rea- sonmg powe'i·s which the Parts sans· culottes did Qot h.i've and that the best hope ts for a breaking-apart of these very organizations at the psychologtcal moment Meantime, however, uneasiness over tbe pi eaent virtual elfminat10n or Russia's a a mY\ as an a<: the factor m the war cpntlnue~=; Exchange rates on Petro* gr.ad closed lower than Saturda~·s. but thf'y were not down to last weelt s worst figU!e The price of RusSla's 6 1 > per rent .Ameucan loan dechned sharply to- day, Openmg as a rule a small frru:tion low- rr, the marl\Pt developed at on<>e a ten- dPD('Y to reco\ ery, and sho1 tly after noon the-re v;rro rathet vanr·Ps of 1 to 3 pmni:s These wei e scat te~d J.;nd more or leJ;s tsolatt d, how .. e-.r, they a!frcted indus• r1a.l 1 athe1 than rnHway share-~. and the-1 P we1 u confrary f'1uv6men.ttLJ.p some stocl\s Tl' kt. n as a f whole, the day·s movement was uncer- tmn and not clearly 1ndwatn e of any gene1al tendenc-) .. .rhe markt\t was to some extent tnfluenced Ly tho um•xpeC\t· cdly favorable banlt statement, pubbshrd afte1 the close of busm~ss Saturday As against the lmgo 1rcetpts of ~:old from Canada last \\E'fik, gold exports to Can- ada and Spatn lo-dav amounted to $1,· 700,000 In our home affairs the voluntary •up. Prt'SSion or future tradinll' in the wheat market was !he ln<\!dent of the day Ptob- ably 11 is foi- the best that this should have ot:t.:Urre-d To-day•s C~ngresruonal discuo'srons were marked by muc)l intem- petate uttC\xanre and by c-onsldf.'rabte out- r,ght miaapj>rehen•lon of the situation As a result of tbe present extraordlnar) <uahon thC\ C\htcago wheat marh.et for early dell\ f'rlC\S v.;as beyond doubt \ir- 1\'a.IIy cumored But tt had not been C'.OtnN·rd Py conspiring speculators. the fnct wPll knov.:n for sPvetal months to £\\~.f'Y onE>- con\eraant with the grato trade. Is that the govornmonta of our allies, through thelf agent~· pun·hast'EI for future dolhety, had got control of all the a-.lla ble wheat that was conung fotl.\atd That ~ituatlon \Was a natural rPsult of their prudont pro' lsron for th•lt own im· t 1 nding and \ Prv urgent r.equtr~mrnt:a~ Hut Its upslrot quit<' as sureJv as tf Pat· t~n or Htth.:htnson Wf't P In C'ontrol of sup~ pli£'s on the mn.rkrt. wns that AmPrkan mlllf'r'-1, nrutral tountriE>H, and orhPr ordi· nan hu) crs. had to pa:t f:JH( h prl<'l\f; as thf\ ahnorrtlRI romp('tttion ftxrr1 RPgu lldlton. of su( 11 a markf't should hrgtn hy s~ lPnttftr allntmf'nt of suppliPs and dis L1 ihutton of ordct R ~ro • hang thP RPN nlHtor to th{' Jamp-poflt f'~f'n if ~ut h p:u\11\' prnf(\fislonal forf'~talh-\'r <'OUld bo found. might tf'lle\e thr personal feelings llUt it \\:OUid hardh: ; t t Rhow t~lgn 3 -of reeour:-e to the new ltankJng far tilt tl\c: .n c-onnf't tlon v. lth l hr> \\nr lotn hnanc ing Htll9 r:PdU;.f'OfJntrd ~ fnr all lnPnlhf'l' hmkf'l inc l<'a~t\d only $:l t.IIH urw ln fu1 t t tw HP~E:'I \<\ Hanhf'l 1n .rd<-r lo rmplo\ tH,..Ir rl'SoUr<PA ln<rca.«Pi h'- $1! :uoru)n lhf\ hills lH1ught up from t hf' npPn mntlwt .. w hie h mdu atPd (l'W •JlfliJIIttlnus hom tho hanks thrmsEll'- rH on the.ot'h<'r htnd n .... tr> drculaHon of thC' !{(_ Hf-f\ f' Ha.nk.5 we rl'aSPd $'~ 800 000, anrt Millet~ Roe & Hagel New York Boston IIVESTMEIT SECURITIES ! tiPr£>1ofore> lw H gnlcl i dollar j PHILADELPHIA STOCK MARKET I ---- '\ I Williams & ·coleman' 1 lradJng (onttnnefJ DoU and Narrow -t nltt'd (.nA }MRDf\lll the F'ratnrC\o r l~pPr;UI I> gpo I b To Tho lr.~Pning l'ost 1 I PHJLAI•ELPlll!l. l\1Hy 14 -Thr lllHrket v.aR I Specialists in Public Utility Se~:urities 60 \V,.JI St. New Yorl< 1 Allan A. Ryan & Co. I lJ 1 Broadway ! 1 I P~f'l) dull r•lld nnn ow Tradlng tn lr nttf'd <hlR Jrnru OV{ mt nt !';tor k and war-j rn~1ts \\11~ A ft\aturf' hoth h~'>tng in Rood dPmant~ tilf' ~tm k wn:-~ around 77 ~ up u J,:Ooii. traction anrl Uu~ 'VHrrrtntR around .. n~, up OVf't n l'olnt 1hPJe- 't\ns ~omn ttl\ mg of l..ukP Sup1 nor rl-t!mf'd :-1~ ~nud TrH(\tlon slor-kR wrrf' rlormant A ~mall hlodi of (.:~f'nr-ral AR- t h~tlt prPff>TIPd wa~ takf'n at tl.l 11p 1 so nt \rhHragP tr::tdlng \\q..~ ll~ht llt.~8\ing J:lrtc-cs were as follovws • 'I ' ' Bl•h· J.o... 0101- est. est b:t*' 55 55 6% 6% 24 24 91% 91 (3 41% 66% 65 93 93 12 12 61 60% 20% 20%' 57){ 57~ 67!i 65% 9~ BYz 56 54 fS% 97% 98Y!; 98% 58% 58)4 95 05 42 42 42 18 '18 18 !59 158 84 1 2 M 35 1 2 341.! 94 gj 56 5jl, 10 3 8 10 1 4 :!912 2918 72 1 s 69 7 s 112 IJJ 110 1091, 31' 4 'll 3 8 40 40 66'. Hfi 77 1 2 77 2P 2 ~0 7 s 54 53 1 , 48 47 8 8 39 106 91', 24J.i too• 8 671 J 43 90 1 -,i 100 12 3 8 14 f\8 2~ :JSIC! 28 !54 106 49 1 8 106 :JJ3s 41'. 123 107 10034 4q s~~ft n•, 5412 Q'• ~!\}3\ lOQ 76 27 J\ 'I 40 4111 2 401 121 1.11 ~ 1 ~,f) :!IJ:\4 ~~~ 2h 167 I ~o 2S 1'4 5 s 51'• ~jl. 50 4Q ll} il flo fJQ7 8 24:\4 24 521-:a ~2 ~\\ l:'oi' 34 ih Zll~ J~l4 .) Jl:.! ~' II> IJ2l4 ii~ i H!f.b• Low· 01.-M... Net es el!lt. lng ch ce. 41Yz 41Yz 41Yz 96Yz 96 96Yz- Yz 19~ 19~ 19~-- ~ 18 18 18 123% 120% 123 +2 11 J.i I 1!4 llJ.i + J.i 64)4 54)4 <i4/4 106%' 1061\4 1€)6'/4+ J.i 117% ll;5% ll7)4+ IJ4 JJ7X(' 117 ~ 11778 113~ 112% 113 + 72 18% 18Yii 18Yz+ % 42V. 42Yz 42~+ Yz 11 ll I! + J.i 461\4 45Yz -4.172-- .J1 2aYs 23Yz :2aYz 48% 46% 48'1·-8+1% 13 1S 13 40 40 40 71~4\'7172 71%+ 14 1372 14 44% 44% -44%+ .!4 2872 27% 27%- % 48%' 46Ys 48%-272 12372 123 123H+IYz 24% 24J.i 24%+ M -'Increase. -De<!teue ;Ex·Dilidemd. Total sahis 455,280 shares, agatnst 214,690 Saturday, 444,485 a week aza, 883 1 7 95 a year ago, and 282,770 two years ago Fh>m January I to dato 68,582,770, agrunst 64,295,298 & Jear ogo and 47,818,063 two lea\ ago Odd Lots. Followmg are to-day's tra.Esa.cuons stocks of which a.JI of the d~y s sales were m lots of less than 100 shares Ht;b Low Clu!! est eat lnE !()\51 2 lOS'~ 1().\1 J 96~2 96~\ 9U 1 2 17 17 11 :?J ~J 153~:i 15314 92 •.? Important Curb Transactions. To-dall's quota!!,_ oJ the less achve curb stocks are pub!fshed on Pagr: JZ~ !' ~~\! :!0:>.4 IS 1 ~ 12: .. , 32~ 4 ... 7\> ~I. R'• ~ -'8 ;:!'18 48 1 a 4JHs .!4 .! 1 h h .!rs .!~.c. )01 .. 10~. 1 a.\ J'tl8 9fl 911 1 :?0 31'~ 41~ j:t., s ~4. lP~ ''• :!7 1'• ;, 1~0 3* 4'\ 7\• \ ''• 31 ~~ 4~ 911'J ~J1., !Hi~\ !'111.-~ 9i rm7 .. '$1: ~x ~1 J;UfttlnM' JlriJ11$UPIH'r 4.1f Sor('t•rftif\~. Hc!\TOS ~11\ H-Hrllf\\l l pi PsldPnt n c fm t)f luun~ Pt\f'>~llf'nt H idlt;} ~hi t hP pr-r <;PJlt rhn. tllttull tlf thfl !':rw l{a\.f'n t\.Wi dll~ to m ah\llt \ to ohtntn Eund~ w1th \\ hll h to 3 4 mukP ltR r>qtlll'hnPnt ~orkal;IP ' J ~ovemment Bonds rept of. United States England France s~ring wheat liOP Ht Pa11l sho~tld (_f.llll~ thtuu~h ~plPnrhdl) and m \ le\\ t'tf the planUnA to mnli.P up f01 thE\ \\tnt~:>r Whf'at shortag<> the hOIH 18 ('Xplt'SSPd that tlw sprtng \\ hf'at t 1 op will lw g1 atl- f:}ing tHJsE\I \ c1 s 1 <'mall, Lhat ont> fa\ tor 1n St Paul!:; fa\ m 1s its new { qutpment Th(\S£\ ~hould \ Pfi!<:: \ trld('tl Hatr~ :i per cent and upvwaJds for tho bC'st namrs, with ocr.nsionRI ~al£>~ of PXC'f\Jlllonall'- t hmcP short paper at 4 :t~ prr < ('nt H-anh.Prfl IH.JtH...l \\tth Alatlfilntlon &- cl1angP In thE' \\ordtng nf thr pfE\R-Pt\t nf .. fntPIJOr m()nP\ 1atrs \\t'tf' unt hangr-d fi< !al tlrt.:ulfu on thf' { ro\ rrnmPnt loan to day Rate• at the important point~ I 1 ! ~ported by telegraph were l a!'ltompand v.1th d fo1n1(\r offhta ~tate- jllH nt fh£> fo1m('r statP.rru•nt ln rPgard. 4 ~ 1 5 0 1'ImE\ Ito the toH\fiiSilO pn\ilC'gc> of the hond!'l. 4!o- 41 @o 0 @514! '\'l.hh h fnr a time \\ort~ thf' dnrf thlnf: 4: ·HfzctJ;~ 1v.hhh thr bnnkPrs \\NP tOnt('rned O\el. rates at the twelve \Hts qofllP\\ hnt ~ltsqlll' tlng hr(\aUsf' nf 11~ :F'ederal H.eserve banks were as follows It hutl ll'tnaJkf'd thn' th(:\ •rhe nrst. column gives rates for aU pe .. rlods up to and rncluding a fifteen-day maturity the second foL a period or fit· teen to thtcly days, the third from thrrty to stxty days, tlle fourth from sl:xty to mfety days. Hi days 30 days 60 days DO days . 3\3 ' ' 4 3 4 4 4 g\3 • 4 4 3~ 4 Ph .f'At upon sUl h furth('r t('rm~ and 'ondttinns 1 : : !'l,i: I ro\e11ng mattrrs. of dPtall a.c; tho ~f'C'rP-- 3~ 4 -t, 4:1,2 tan of th<\ Trrasur; may prf'~l nhP mt() 31J.I ~ .C. .(. an EQllal pnr amount of hond~ hf'ormg ~ 4 4 •P!, st f'h 1 ht,e;hf\r Idtf' of intPIPRt ThP ~~ (- ~ 41,!, 41,!, 4'h 3\2 4 4 ·P.~ rf'tary not onh makf'q dNl.r that t hf'FI~ 3 1 ~ 4 4lh 4% tf't ms anti 1 l•ndltlon~ nrP • mottPrs of d~\- Call monPv in l..ondnn wa~ a~..,@'4- pt>r I tall, hut hy thf' pluasr-, W1th1n su' h. cPnt short bJ11!'; 4 per C't'>nt thrf' 6 pf'tlod he lndkn-tf'<::~o nf what naturP (he months bills, 4 ... per cent detail\ \'II be Private dH~C'ount rates at B~rlln, ac- cording lo latest advlces, were 4%@'\'· Hie hRnds bohind his harl< hi• feet per cent. In other Con'tinental mone\y apHrt a hrokrr stoo1l hPforro h1s quota .. marlteta discount rates are mostly nor- 1 uon hoa~rl. and lonlterl at JlTH eFt that r11d mal, and regulated by the bank 1 ates. not mm ... long nnrl tnlf\nth n~ 1f rapt In The following table. therefore. gives the 1 t m\ stu:· m('ditatton J>ri:'BE'ntly h<\ spoke. bank rate at London and at important =\e\ Pr l1as th<- tndust11al futur£> {lePn so was established. Bank rate & r; 6 41,!, the date at un(\Pr1ntn r; NP\Pr ha,;eo so many ominous I fa<\tors hung about 't And y~t sto~ks .Oateofhst ha,;e ue\Pr sold so low 1n rf'lation to Change c .Apr 5, 1911 thE'H li-arn ings and thPtr wsetH om .. Aug 20, 1914 1 panlos bOld tn thetr treasuries almost Dec 28, 1914 1 Pnough money to buy up their own Rhar~a I ' Steel at 116 1s eaming To-day there was expoi-ted $1,270,00f gold to Spatn, $~00,000 to Ja.pau, and l5!llj ooo to Cuba.. • _ _ __ .....,.._..,.. . ' I' Al u fr '1:111 'rJ 'd th tr WI ed m Ht lh lh cc Ia to til sl th th hi at ir '~ \II tr h• \ \ lll ti in tr H fr In II llJ II 01 s rr 51 !r s t< rr \( 0 II .T . \ a \' s fl p p 0 ,, a r I I