davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
EXPECT BIG JUNE
COPPER SURPLUS
Indicated Sale Of Only 175.-
OOO. 600 Pounds of 200. OOO.-
600 Pound Output.
BUYERS GET CONCESSIONS


The present output Of copper Is 4 the
rate OF 200, 000, 900 pounds per month. In
fact production AZ the smeltcrs and re-
hrer!es IN .June may he more than o0o,-
000, 900 pounds. according to reliable au-
thorities. on the other hand. consump-
'ion in his country has been further re-
duccd. Melting during m probably
has not been more than 10000, 600
pounds. but the exports VIII likely reach
$1,000. 600 pounds. indicating total de
l~iveries into all consuming channels OF
10000. 00n pounds, The probability,
therefore, ia an increase OF $4,000, oo0
pounds In surplus stocks.
Exports last week were 1859 tons.
making the total foreign shipments since
the first Of Jun et,c9s tons. II Is csti-
mated that before the close of the month
a little moro than 5000 tons will
lie shipped abroad. which will make total
exports during the first half Of the
year 13s.000 tons. This is NJ the month
~ rate of . $4,000 tons. During the first
half of 1915 foreign shipments aggre-
gated $4,000 tons. II is hus evident
that the heavy increase in foreign TAX
ings expected this year will not ne
realized unless there Is n substantial
change in conditions during the second
half Of the year. The much talked OF
foreign orders for delivery during the
last quarter Of this year have not yet
matcrialiZcd.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
FINANCIAL NOTES.

r r. rav and ". T. Higgins have formed
, conartper.hip to he known M Fay a. H'g-
Gins Tor the purpose OF dealing In invest
mrnt securities.
clarence G.. Perpsli 4 Co. have hpened a
.mn nn,ce in detroit. Mich, for trading
in unlisted securities ana nav" aIso np'
nn,r,sd Kern 4 kilcts In Detroit az corre-
sponLents In listed securities,
ceo,s. Il Caldwell. president Of the
spnrrv& Hutchinson Company. and his
sspps.nbccii, les have purchased the Banking
Worid PubIishing Company from W. IL
uarnct. president OF the company.
President Warren Of the PennsylNania
co,,icrc company reports shipments this
,,ss., Of three carloads Of gasolenc agxre-
eating $4,000 gallons This corporation
nanuiactures It's gasolene from natural
ea. and has three plants In operation
standard Screw Company. Will call for
,eiemption ali it's $4,000 outstanding
gold dsbenturc 5 per cent, bonds These
bonds are dated October J, 1908. There
VAS originally issued $500, 900 maturing
serinliy Sac, 900 on each Interest day from
Anil /. 1915. Al but $4,000 have been
retired up to the present.
The Equitable Trust Company Of New
Work.. as trustee under an agreement dated
September 2. 1879, with the 81. iouis and
san Francisco Railroad Company, gives
notice that, default having occurred In the
payment at maturity Of the principal OF
the notes Of the railroad company issued
under the agreement. II will sell at public
auction on July 10 at ~ o'clock AT the
exchange sslesroom. 1916 vesey street, Sc
curisies held sa collateral by the trust
0m0ssy asSsr The sGrssmsst
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
THE C0FFEE MARKET.
Renewed NEUTRALITY-SUSPICIOUS.
Sells O3 Points below Hirh Level,

There Was renewed liquidation In the coffee
market yesterday. with September Con,rsc1.
selling OF 10 : &c. or .. points under ,he
high records for the season. Tn. sagging
tendency OF the primary markets, presumably
az the result OF a light demand from con.
sumlns countrie. vfr the increaslnx move.
men'. seems 10 have discouraged the specu.
lative long interest that entered the make,
Oh the advance Of last month There also
seemed 70 be some selling here yesterday
10y houses with New Orleans connections
AFTER the persistent liquidation of the Las,
few dfys, however. offerings seemed TO te
eubslding. and an carly decline OF from Z 10
= points was followed by slight rallies on
covering. with the clo. steady al net
loss Of . to 3 points for the day. Sales were
only 100 baEs.
As usual on Saturday there were very few
Offers nj the cost and freight market, but
the onioial cables reported declines Of 20 10 10
refs IN nilreis prices, while there was no
change IN the rate Of Rio exchange on Lon.
don. Rcceipts al the two Brazilian ports
were 5000 bags. against 320p last year. aud
Jundiahy receipts were 500 bags. against
1900 last year, The local spot market was
dun at s,.c for Rio ia, Quotations for iu.
,,res (o1ln~s
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
PUBLIC UTILITIES.

.,c Tn' r r""or,. Sf fa y May S"TP psIs saiN SEN IN
srS,' sl,T'"si e SAL Ta al e or it,s F ,"r 'G N,
month available for amortization, divi.
.ends ami proh, Hnd Loss sHrpins .ns
mouth. oodiSs May,s isid, inc sro..
earnings increased 1850. +s6. or 1915 per
cent, eyer n" rSrr,sGSrG,ns n,e mo", n,
amortization, dividends and proht AMI loss
surplus was f,9Gs,766, an increase of
siSf.l7l
Power Company. a subsidiary o. the Amer
i,lu ruh'iC I'ilities tompanN, reports for
tho twelve months snains May n 81; isi a.
N,G.l"G over the breeding YEAR The not
amer taxes, sal" 'aG, IS a gain OF 'sl075.
surplus amounts I" t~.lo,1,n
Til" Alabama Power company, a sub
siinry ~ the Alabama Traction, Light and
Power Company. reports for The month OF
i]n'ia,sc Of tts,les IN. net after. ,i>cs,
ol s7i,lS6. was 2 gain of $3.50 For a."
,Nc.Sc months 'n., s,a ,os. * S1'" dHsr T mos. -,
lh, p|rr,ca!rg year, IN" n"' sf'"r taxes.
OF s;5' COS j. an increase OF ~*?9o,lil over
hat Of last year
The southern Bel, Telephone and Tel".
gtnrh company reports Tor IN" month ~
Apiil, 1919, shows mat operating incom"
decreased per cen, m,n"m thn, OF rhe
inr April 30, lals, the decrease was 6 ner
cent. as compared with last year. The
Npri,. 1915. compared with tj0,5N In
1915. Operating expenses were &i0s aS2
Tho operating Income Of f<l.%sG was an
Increase OF tl.7.2|: over last year.
The Monongahsla Valley Traction Com
many reports for May, 1915. gross earn
inrs 81 Sicl.56l. an increase 81 Sas. sb&,
and net, after taxes, 81 Gl,2s7, an In.
crease 81 32l0?l. The surplus after
charges Was 13S.sSo, an increas. Of siA-
les. In ave m .,,hs the gross earnings
we're S6lT, 500. an increase Of ecSl,S6s. The
net after charges was ssss.se7. an increase
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
CUSTOMS DECISIONS.

MIcA-No. advance !: made on IN.
foreixn market ynins % m!cs imp",,rn
according 20 a rappraisement i.oiSlnn
handed down Yesterday by Judge Fis'h"t
~praiscrs This ruling reads: Thumb triin-
med mica. az. entered ~ - l : COT
Jar. per - so ad,anss" re m.r'h9n an
entered here Nav 90, 1915
WILLOW SHEETS Judge McCle!iaul
Of the Hoard Of General Apprais.rs handel
down yesterday a eappraisrn"n &C.,,
ION on the foreign market values ni WILLOW
sheets imported her" from 4. Hnfiko-hl y
20. Of Toxic. Japan In ,hi. decision the
General Nppralsef writes; - inch Al inch
..n po- dozen: duuo. unback"d. entered -
j q ven rsr dozen Ma go hale ama
'Npurtrd from Japan ~ April ana on
,sred ~ Ms port on May %. 1915.
CHINESE MEnCHA>plsE III" follow
ing rcippraisemen' decision IN M inf'it'
ported here from shut l.un & co. OF iionr
kong. fa'na. was handel down N..st"iiaf
~ Hengrai Apprsise, sbrcMHs h' ~
II Il zach ,1t;o. entered At Il. advanced
/, u * each. ald yase. pactlne, IltN
sr. entered A. 27s II X per 100. pieces;
eeai "a. :. parking. duty AND frcieh' from
canton; u" ,ad>,nGe' h,r'hIG"nr" 't,Td
,,n"tt.IrGr 'lu,y ard freight from Canton
~, Td'irca Th!s merchandis". wa "N-
por.ri from china on January ~ AMI ""'
- nor. on Nar,h -. lals
- Sc,.r4l I'm
10 ,'lil 81. ,roc .r.ry unl.r
I.r as a, syn.hetic c~rvo'Ite. com
rarhrr.1 pm 'r'..' ,. ~ ar,iar!.l
met 49, ""Ia 4, d, dorlsior ms,
tr'"ii'"', ~" t;,ncr,i An.
r"ni"trh "rr, ,o,"ha ,J,se was 'ax.I
IrH''"t. INA m. Of * per cen, I'D
,l,-ru. under paragraph ) ~ IN" tarl'
'rt - l''S - .CS nrnyltlru f.,
"n'rN hn''r patn' ~" a, snr. ~ M,
'' 'l a." a. ,,,i.- mo ,rt Of 1909
- t,. &. rciI f-a, Of tIiy ur!.
me- ~ n ..ts %, ,h,, &C., rs l,cI~'or
r|...',s r-,t.s.s e.: Tho Import 'h' mica
C,y"4r. N,.sc. A co. and the RI'tmanu
d., rnmnluy Of this c,'V WU3am lar
y.... -, - Philadelphia AMI + II
sr,ngs o. baltimore
MA,h' 70 100 ,,Is male .niios.
m"'''"l - o, ,a.n,,ns I'm rnp.'
Nk" u n'Lt ,"r 49,. -, 4, 20 AZ, nos
mus lWp,.''' - t,cts,, barlc.
'"Nh N'.V''" Tr, or..,inn -e,soi b,
tftt NpPris -. ,r.,no, hos,
the inp"tl"i, pr" 'fa 80 ynre u-orsrl,
>'-CNl,.I nn'N.na' ,.,nws co,Iac,or ,inl,
,l,ssron 'Hos ,,,in ar, q, 1913. Win
iir'eriph .a''" "a nor cen, a,
uutN W M ,.,r,rr,. -, wool. ~,
Nl'"I"hn' as ~ n'nnht, ~, rroy,sin, 4,
mn,,nr, SEA Tor III, nke,s compose.
whoiTy or in chief value. % wool. Wit
hnty a. ~" fn,% IL" he ppon,en.ion fct
'h'n'"m IN "',', nn"S u. n !, tics
ne In""r ray" -, n..h or :" ~ NO r."nrI arl
FROM an 'N'."ln" ,na. ,bcs. ay,irIe,
s.m2l. Ta",s ni,hi, ;ha ordinary mean,
ihe "r nv, unat ,Ish, no ,nilrt
! although inilr rom WA ni.tn' " ,sns
hlanNc, mnI.r,,. To- ~. IN po,e- max
nmI rnnn" "a 20 no, think thn, 'Conrrrs,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
IRREGULAR SWING
IN COTTON MARKET
Tendency on Part of Bulls to
Take Profits on the
strong Spots.
EFFORTS or CONDITION

c,.,on moved without any particular
,.ns,,cv Yesterday. although the action
:, .,e n,rke, indicated that, while ccn-
..,b,s underlying bull'sh sentiment
sod the conservative element was
=, Inclined to become enthusiastic on
pur.uc the coming week the
80, Ntl have to face a large number
--I,,,e CROP condition reports, and
saturday at II o'clock the report
..rs,ec. 90 We, as the condition OF
L.. ,,o,. viii he published by the crop
...,-.l,e board of the bureau OF crop
mates At Washington. ''''
-Sc,e FIXTURES undoubtedly account for
N.oos..lon Of some OF the leading
.,,,cs.s TO put out profit taking sales on
80 spots. Yesterday Liverpool was
"~..Ista3,y higher than due. but on the
..,rc advance considerable cotton was
.sie and A reaction TO the level Of
y. 49, closing prices resulted. Cover
=, local traders caused a brief rally.
- uas no, maintained at the rlose
"..i pr.ces represented a net gain
Of 20 s points. =,
|" r,ars wa nothing In the week end
s-es 10 influence sentiment. Liver
,r. snrp.y of American cotton Is now
ar oo bales. arains, l.+33,o0o bales last
|,s,. ard 7;9.coo bales two years ago.
,rllng 20 the New Yori; Cotton Ex-
.pse. the visible supply Of American
Won .a s.sS5.oOO bales. against 3.S5S.-
A bales lac, year. Fall River print
1 -,h sa.es for the week were 10000
,.es. COMPARED with 10000 pieces for
-. sir,o week last year.
A ummar - the days weather on
|t.5rs was wired from Memphis as FOL
ave. "Helvy rain portion OF East I'm
|ts. especially Georgia. with inch and
|%opsier n Augusta Considerable rain
ro,,hern Mississippi, western Tcrnes-
see and Arkansas. Temperature, cooler
love- northern ha.f central belt. Fore
|css' Unsettled 10 showers
wholesale dry goods houses continue
TO rsyor, distribution far ahead Of the
Ame tine last; year. both as to imme'
|da;, business and sales calling for late
|ae',cry.
Market closed easy.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
MAY END ROCK ISLAND SUIT.
Ex-Directors Expected to Make
Peace with Stockholders

II was reported yesterday that the
suit brought by the stockholders com
mittee Of the Chicago. Rock Island and
Pacific Railway Company against for
mer directors nigh, be settled before II
reaches trial.
The report that the former directors
have approved the tentative readjust-
ment plans and will pay 100000 oO to
the company in settlement OF the suit
receiving therefor G per cent preferred
stock. is believed In some circles In the
financial district.
The suit was brought as the result oi
the sale Of ST. Louis and San Francisco
properties at a price that was said u
he several million dollars less than what
was paid for them.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
GOLD RESERVES IN
BANKS INCREASE
Federal Board Also Reports a
Jump in the Government
Deposits.
PAPER HOLDINGS Ia RGER

wAsHiNGros. June 24-The weekly
statement Of conditions Of the Federal
Reserve Board given out to-day shows
substantial gains for the week in gold
and total reserves and considerable in
crease in anount OF acceptances on
hand and Of Government deposits OF the
Federal reserve banks. Here Is the
statement:
"St. Louis and Richmond report In
creascs In gold reserve of $4,000 900
and $500, 900. mainly from realizing on
their favorable balances due from other
Federal reserve banks. The gains Of
$4,000, 900 and sl.l00. 900 shown by the
Dallas and Minneapolis banks are due
largely TO the Withdrawals OF gold from
the agents In exchange for Fedora re-
serve notes. The gains just shown are
offset in part by net Withdrawals of
Boston banks. used either for the pur-
pose Of acceptances or In The upbuilding
of favorable balances with other Fed
eral reserve banks.
Aggregate holdings OF discounted pa
per show AZ increase OF over 5000. 600, Of
which only about 500. 900 represents the
combined increase for the three Southern
banks. the most active IN the discount
field. The holdings of agricultural and
livestock paper maturing after ninety
days increased about $500. 600 and are
a; present IN excess ~ si.s00 600. over 40
PEI cent. of which is in the hands of
the Dallas bank.
"Acceptances on hand increased over
$4,000, 600. San Francisco. New York and
Et ston accounting IN the aggregate for
aJout $4,000, o0o % the total increase for
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25

mo changes are shown In the aggre-
gate holdings OF United States bonds and
notes. only two banks reporting small
bond transactions for tho week.
Municipal warrants on hand show a de-
crease for the week Of S+3j. 600, the
Philadelphia bank reporting a large
scale OF It's holdings of This class OF
Investments.
Total earning assets OF the hanNS
are AZ present sl6S. tu0. Goa. or 81, 800 OO0
IN excess OF the total reported a; the
ord Of the preceding week and more than
double tr. total shown about SIX months
previous. OF tOc aggregate earning
aeSets acCeptancet constitute 80 present
- per cent. tinted states bonds 81 I
pcr cent. warrants l2N per c-u'. dis
counts i23 per cent and Treasury notes
- per cent.
Government deposits shon al In
crease Of $500. 600. all the banks except
Minneapolis reporting considerable gains
for the week Me- bank deposits de-
creased about $1,000 600. all the banks
except Cleveland. Minneapolis and Kan
sas CI,y reporting sma,lc: figures shan
the week before. of the total net DO
% tho Government * now about IL per
cent. the percentages b'in much larger
in tho case Of the three southern banks
practically 10 charge is shown IN
tho total ~ Federal rsscrN" bank ro'' :
IN circulation. Federal reserve agents
report "A total 81 sliG9jS.ouu net ~.
Federal reserv. notes ISSUED to IA" banks
or s2.SiT.O00 less than the week before
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
n N4rEet I'oro Was due 10 open 10
t1lv ; 80 81 point. decline
~ tnn1lnis ND snA-,s
,er.oF receipts and stooas:
DAIRY PRODUCTS MARKET.

IT, '.rg, >, IN record. loa.o4l packages,
49, "lsi packages in tne correspond
u. a'sk tst year. Indications are that
'-'- '.' he an unusually heavy produc-
p a through the season, yet prices
81. ts',s' on record ana buyers are
,'s VIA unusual care; Consumers
e'I nn'illes good, bat the heavy sur-
p j. EnlrG ~ storage largely Tor the
.'l' a. I-n'iv"rs, who cannot sell Al
~ D. speculation mas been lighter than
Eu','y Of creamery generally good.
are. Gl."t, ladles and packing stock
"N I'l''S oI al descriptions un-
\ hf'l Pr..csi Creamery. extras. vJ
g., hIsner scoring aog
''-'~ laI'y, nnts,, -. .Sc.: good
T. ~.',. :; i 10 ladies', nrsts, ainc,;
k t's '""k aren't make. No. /, 3Ji1c..
NJ : 80 Q 80.
hLl-r 20 sipts for the week were
~ .''' Market closed weak on
&C., p.'uN. hu' prices remain al
Hr' pIa'Ir" buying has been less
"'' i' HI-e 81 a ueci!n'ns marie
. point. and heavy exports iron
f r" fIN1- through otner ports.
.- ..r''n' us" "as fairly active,
'fft." t'r Imulsiinn- Mcr" car.
.''' frI,ys: flit, fresh ,olored
I,t4i ', white, lSt.nlbs.g,
Y.i 81, ou.in twins, ia. a loc !.
.''. " ',i . state skins, special,
"thr L.. u lSc., lover grades, i
.p 3, m al. grades Fi,S s,"k
- 60 Nv Nsl ARD th"r' "'-
'st"i To-" tSG"r ~yrtiN-. Il" ','pts
VI. week. we're 1885 cases, agains,
b., '''s 'N M corresponding week
'N '''..nl'r-' demand rs ,oh-
N."." '' ,n' y" orpluS .or -toiaSc
tF'i~- 'rI 'h"ck- dru nearby
a -' I'.'nS 10 good 'icW, NJ.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
TO Tue HOLDERS OF
LORD 4 TAYLOR
0G GOll Nnies. dated .luIA Isl 1all

NOTICE Is HEREBY GfVEN that the
time OF payment OF SO much Of the prin-
clpal OF tho 90 Gold Notes ~ Lord n
Taylor ~ shalt remain unpaid on June Gth,
1916. has been duly extended go January
lat, 1917, pursuant 70 The provisions Of the
tfust agreement securing said notes dated
July lsi, 1914, a. modified bv the supple
mental agreement dated bercmhr- I'm,
1918. Upon presentation OF their notes 10
the undersigned for notation OK said extern
sion. tn" holders thereof will receive tho
payment provided by eald trust agreement
ahd said supplemental agreement tor such
extension.
Datei. New York. Jun" 81. lPis.
GUARANTY TRUST Company OF NEw
YORK Trustee.
By CHARLES ~ ABS. President.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25

Thursday all IN" foreign limits. amount
lng 70 200 tons. were taken a, Is 20
N'2c. for October. November and De-
Semher aTriva from the Straits. \
better demand developed also for spot
and for June Tin. which resulted in Il re
corery o. nc. 10 lc. per II. At ;le close
OF the week, spo: tin was quoted "A,
,o'9c, June at +oiAc,, July Mt soc.
August At 3?%c. and later positions at
80 TO 3sl,c.
The London marke, was heavy, weak
and lower. with rapid and wide nuotua-
tl"ns during the last few days. Spo,
straits TIN up TO Friday dropped Is los.
and standard broke Is los. net. Late
Oh Thursday spot Straits broke &c and
immediately recovered is. on Friday
there was an advance OF 81 IS. on
straits and a rise OF ~ los. on standard.
according 10 private cables. there was n
further sharp advance IN asking prices
that checked business. The net resul,
or the weeks fluctuations In the English
market was a decline OF f2 IS. In All posi-.
tons. The Singapore market up 10 Fri
oay broke t, los. with snles at tIT4 IS
but "A sharp recovery occurrcd on Friday
IN sympathy with the English market.
Consumption Never Greater.
Arrivals AT Eastern United States
ports since the LIST Of June have been
4.'oo tons and over zoo tons additiona,
are now due al Atlantic ports There
nave also been arrivals at Pacific ports
stocks on the LIST of June were c.4sS
tons, Thus the indication IL tina, S.OoO
tons or more were available for domestic
CONSUMPTION In June, CONSUMPTION in
this country, however, was never So
great as II il to-day.
Spelter suffered A further decline of
= to "l.C. per mound on pe,rhy aud
y n lc, on future positions, There was
very little demand from domestic con-
su'nrrs except for delivery over the sec
ond half and last quarter OF tho year.
although some sales OF small lots Of
June and July were made early in the
week. A. tho close, spot and June was
held AZ ~lla,c, July at lli.c, Angus, a,
ll'.c, September at lie. and fourth
quarter At ~ to lolsc. per pound AZ
| East st, Louis,
The London market dropped e. on
spot and "a m futures. spot closing a,
fG6 and futures at f56.
Lead. after further declines on all
positions. recovered sharply under more
active buying for export. Sales during
the week on foreign and domestic ac-
count are estimated to have been 1000
tons. The full advance demanded Was
not realized. however. and tho marke,
closed quiet hut firm at SIS, g. for spo, n,
East -. Louis and at soc. at New
YORK. win FUTURES nj about ! points
less. The net advance during the week
was about 10 points. The trus, price
was nominally unchanged at &c. New
York and 6"2iac. East ST, Louis.
Tho Mexican dovelopnents made
small impression upon London where thc
market broke Fl lis. cd. on $40, Ia 500
los, and futures broke r. IS. TO f2S I5s
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
TRUST COMPANIES
NOT MEMBERS OF
FEDERAL RESERVE BANK
THE SUGAR MARKET.
Futures Close HiGhcr-Inactsrs
'rrNdiug-Sales $500 Tons.

The fact that the raw and refined sugar
Offices were closed caused a light market for
sugar futures After opening generally J TO :
points higher on sales Of so tons. trading
continued inactive. mostly Of an evening up
character. The market closed | to . points
ne. higher. with sales for the day $50 tons
Closing prices follow:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
THE BOSTON MARKET.

BOSTON. June a.-There we . bstter tone
TO the sine shares. Butte and Superior ciosed
~ points higher at 80 Copper shares were
quiet, prices showing insignificant changes.
Atlantic, Gulf and West Indies continued In
demand. closing fractionaily higher. The
summary:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25

STOCK BARGAIN HUNTERS WAIT.
Many Issues Decline sharpIy In
Present Uncertainty.

During the past week there was A
sharp decline in stocks. due chiefly 10
uncertainty over the Mexican situation.
The following table, published by Dow,
Jones' a Co, gives a comparison Of prices
aid the losses borne by some OF the
Issues.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
HI CHICAGO MARKET.

CHICAGO. June "A dull and easier trend
vas seen IN to.day's market. Declines ransen
uithin a noint' Sears. Roebuck and CHICAGO
Pneumatic Tool showed losses. stewart war
ner acted we'll under pressure, Interest," III
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
THE PITTSBURG MARKET,

pITrSBTHG. June - American Windov
Glass Machine continued It's advance, clos.
'ns M dlig against an opening prov OF ,0a.
Columbia Gas and Electric was trarttonaliy
better AZ lj7s, md Pare on lost q fraction.
closing NJ 1917 Other shares were quiet The
slniInlrN
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25
THE A NIX STATEN N

Reserve in de.
..positories 80. isi. 451. 900 II. sol. 90 1881 900
. X Reserve re.
CURED on net
demand and
time deposits. $50. 7ia SO sc, ?3s, $50 iIi, 7Oe. con
Excess reserve. 10. %, 49,, 1870 9.3o3.j2O 2,73s.5Oo
Changes in ex.
cess ........... tii.7oa.s, . +~i.7t:.72D 1881 800
Elm the ease Of state banks and trust com.
pari's only reserves on net demand deposits
are gwen, no reserve being required on time
deposits increase. decrease.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25

THE PHILADELPHIA MARKET.

PHILADELPHIA. June :<.-The stock mar.
kei was dull and feat relee Prices ruled
unchanged. Bonds were neglected, The sum
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25

l.. ,.a' marl", for sno, cotton was au'tt,
90. lvar,'. middhngf is. zoe. southern
|rc' mirhe'- - odt,laIly reported wert
b. iU-si. : 10 - points advar"e New
h en-. e. 80 Galveston. 3T.c. savannah.
Nsr1ph's. g Sc. Augusta. lsrc
T.. New Orleans marie, closed strliy
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-25

Against the to'a' outstanding they
hold slsS,Sc3.on ~ gold ana tl0.iTS,-
600 Of paper The bank report n total
or sl53. OBS, 900 of Federal reserve notes
In actual circulation and aggregate net
liabilities Of s9,22s.000 on notes ISSUED
70 them by the SCENTS
The weekly statement. 90 the Boston.
New York and ~Phi'adephia banks fol-
lows:
RESOURCES
Boston y Y Phila
l.as' three cphers omitted
Gold c,,p AMI certificates .....,
Cold settlement fund 90. uIS .@S 1875,
Gold redemption funi I" "a ~
Total Vold reserve 500. sT.ss3 81. ici
Legal tender notes, sl
yer. 40 .............. L 1fG ISL
Total r.serv. s@,sr rs'.s 80!
Rills Al discounted. members 30 l3 SO
Bills bought in o;fn mar
ket ,..r-..----r. ..... ,,... I.,l'' -6H' "-'
Total b.n. on hand S:tss ,s.-i $1,000
investments
United states bonds .. S0s2 SECS GS2s
one year United States
x T%r.s.%Is warrants n%,s. .sSS ,S ,.s s:
Total earning asset. NS,N ,5s.m Vs.ian
Federal reserve notes ret shA ISIS 10
Due from Wher Federal
reserv" banks. ret ...... t-ha %t't
All other resources ,,.. a. sS AZ
Total ......... .u7.s .,i,Ni n,se
LIABILITIES
Capita pa,d IN. ..,...... Sa2i sll,:Sl Ecls
R"serya isposi,s. net. a;.ST iss.5s; "a ~
Due 20 Other Federal re-
serve banks. net ........ .... d.ic ....
Al other liabilities ..,.... - ... |.
Total ................ tu7:S s"isl $3.50