Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-06-04

| announcement was made IN new 1OrR
| late this afternoon that the Philadelphia
| per cent. notes. due May 10, 1916, to bank
ers. The bankers in turn have also sold
| the notes. The proceeds will be used
by the company for corporate purposes.
Missouri Pacific directors met in New
| York today, but because OF the lack of n
| quorum they adjourned until next Mon
day morning.
Emergency currency outstanding in the
| United States has been reduced to $2,
| 0O0, 600.
The Federal Reserve Board today
granted to the National Park Bank of
New York and the Fourth Street Ma
tional Bank of Philadelphia permission
to act as registrars of stocks and bonds.
as member of the New York Stock Ex-
change.
The amount of money in circulation on
June l was 1852, 1s0, according TO the
United States Treasury Department's
monthly statement. This was an increase
of S34,349,3 3O4 over May 1, and of SOL, 1862, SO1
over June /. 1914 The gain during May
this year was due chiefly to an increase
of over s40,OOO0OO in gold certificates,
which was partially offset by a decrease
of $736i,OO in gold coin.
T. D. Heed has been elected a director
of the Chicago and Eastern Illinois Rail-
road for one year, succeeding E. H. Por-
ter, resigned,
Trading in United States Steel common
from 10 to 1O:15 totaled $500 shares.
The Illinois Steel Company's seventh
Gary furnace was blown in last week,
leaving only one side, The open-hearth
capacity is keeping pace, so that the en-
tire pant is nearing operations on full
time.
The Lehigh Valley Coal Company col
leries will be closed Monday and Tues
day next week and the prospects arc
that they will run half-time for the re-
mainder of the month.
1t is understood that ]. p. Morgan &
Co. are receiving an additional 81 100000
of gold sent down by the Bank of Eng
land from Ottawa. Statistics show that
of the total of about S79.5OO, 900 of gold
imported during the first 20 weeks of the
year, $50 100000 came through Ogdens- |
burg, N. Y; SIS. 200, 600 through New York,
and Sli,5OOOOO through San Francisco.
The New York Stock Exchange has
~ per cent general mortgage bonds. due |
1865, when issued The temporary certih- |
Gates for the AZ per cent general mort |
gage bonds of the Pennsylvania Railroad |
Company, due 1865. and interest from June |
l, have been admitted to list.
New York banks gained $50, 900 from the |
Subtreasury yesterday, and have lost 81 /
s6s'OO0 since last Friday.
Governor Rhoads has received a half 1
dozen additional assents to the check coll
lection plan that will be inaugurated by
the Federal Reserve Bank of Phlladei-
phla on July IS, making a total of 1l5
member banks that have agreed to join
the system.
According to BTadstreet's exports of
wheat this week were 4s73, COO bushels
last week, 6,252000 bushels; last year
i,S03 coo bushels since July 1. 375, lsl. 600
bushels; year ago, 273, 632 00Q bushels. Corn
shipments this week. 623, 900 bushels last
week l. .336, 600; last year, 1900. Corn ship
nents since July amounted 70 37,S47. 900
bushels compared with 2,763 600 bushels
1urng the same period year ago.
The Calumet and Hecla Company report
Tor the year ended December 81 shows
indicated proits OF $3.50 per share out
IF which dividends Of SO were paid. sur
1lus increasing from s., 553,95f to s., 500 s96.
pounds Of copper produced at cost OF
las cents per pound Previous years
vas IS 016. $50 pounds, and cost
AIS cents Average yield was 20T pounds
II copper per ton, against 22u in 1913
RESUME ROCK ISLAND PROBE
WASHINGTON. June A-rhe interstate