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EVENING LEDGER-PHILAbvEII!HlA MONDAY, SEPTEMBEB 28 1914.
1.1
FINANCIAL AND COMMERCIAL SITUATION AT HOME AND ABROAD-MARKET REPORTS
i
MARKET SITUATION
BETTER AS EIGHTH
WAR WEEK BEGINS
More Confidence Every
where and Talk of Early
Exchange Reopening Is
Evidence of Improved
Conditions.
This is tlio clKlith week of hostilities In
Europe and la nlso tho eighth week since
there developed tho flnnnclnl depression
Incident to the closing of tho world'u
fitnr.lt r.xdiancos becnuso of tho wnr.
Jinny thliiKB have happened nt home and t 'l.ltowlso r,p"lve 8 Per cent' '" eash nnd
abroad in tho meantime. There la no In
dication thai any cessation of hostilities
Is near, hut there nro many evidences
that thero is at hand a readjustment of
tho financial situation which shall lead
shortly to a more normal resumption or
general business.
At no time during the eight long weeks
tho suspension has been under way has
tho outlook been so bright as it Is today.
There Is everywhere apparent that gen
eral foellng of confidence which has been
so badly needed and which has made
Itself felt to such a largo degreo that In
tho financial centres of tho country plana
nro being gradually worked out for mar
ket operations on a. larger scale than
London, Now York and Philadelphia
markets have arranged to begin traaing
In securities within certain restrictions.
Tho committee of tho London Exchange
has published a list of securities In which
trust funds may bo Invested and has given
minimum prices for the same. There Is
also a proposnl at the British centre to
deal In securities through auctioneers.
At homo tho most important step that
has been taken Is tho ruling that unlisted
securities may bo dealt In through brokers
and that prices must not be rigidly main
tained on the basis available when the
Stock Exchange closed In July. All this
means preparations for actual business.
The list will probably from now on be
gradually widened.
Managers of tho Stock Exchange ore
now under the impression that business
may be resumed in an unrestricted way
on November 1. This Is still dependent
on the banking situation and tho esti
mate of November 1 Is contingent upon
the ability of the Federal Reserve Board
to have the new banking conditions In
ornctlcal workable form before that date.
Xow that the $10O,0,OOO gold pool to
meet foreign Indebtedness has been com
pleted. It may not bo long before Its bene
ficial results are rcllectcd In a setback
In foreign exchange. Tills is the effect
it wilt doubtless have when tho plans aie
set In motion. How much of tho $100,
000,000 gold will be sent to Ottawa, to
ufo tho expression of one prominent
member of the ppeclnl clearing house
committee, "Is problematical." It Is pro
posed to make a first call on the sub
scribing banks for 25 per cent, of their
subscriptions, or a total of J23,0O0,00O In
gold.
PUBLIC UTILI IES
In announcing their decision not to de
clare the regular ffuarterly dividend of 1
per cent, on common stock, which would
nominally be paid October 15, directors of
the Puget Sound Tiactlon, Light and
Power Company make this explanation
In a letter to stockholders, received here
today:
"During the last two years tho Puget
Sound district has suffered from general
depression In business throughout Pacltlc
States and British Columbia. This has
been rcllected In earnings available for
common stock dividends. As It has sub
stantial cash balance nnd no floating debt
the company Is strong financially, but
as It is Impossible to estimate how long
business depression will continue direc
tors believe resources should bo con
icrved "
Although tho franchises of 16 Ohio cities
with tho East Ohio Gas Company author
l?ccl that company to Increase Its price
for natural gas from 30 cents to 35 cents
a 1000 cubic feet, that company decided
that In view of present financial condi
tions it would not make the advance. This
decision will help the consumers of tho
following citlea: Akron, Canton, Massll
Ion, Uennlson, New Philadelphia, Buck
eyo City, Danville, Uhrlchsvllle, Nlles,
Warren, East Palestine, Lowellvllle,
fc'truthers, Hubbard, Glrard and Canal
Dover,
The Ohio Public Utilities Commission
has authorized the Cleveland Railway to
lesue common capital stock amounting to
J1.06S 500 par value, to be sold for not less
than par.
Directors of the Columbus Railway,
Power and Light Company, which Is man
aged und operated by a Philadelphia firm,
have declared the regular quarterly dlvl
dend of Wt Per cent, on the preferred
itock, series A, payable on October 1. The
directors took no action toward financing
proposed Improvements, It Is said, how
ever, that Improvements and extensions
which aro urgent will be financed out of
earnings.
The third 2100-horsepower unit of the
Coon Rapids hydro-clectrlo development
constructed by H. M. Byllesby & Co. .'
the Mississippi River has been placed In
commercial operation. An average of
70,000 kilowatt hours will be supplied
weekly to the Minneapolis General Klec
trlc Company from these three units.
The fourth unit wilt be placed In opera
tion about the middle of October, and the
fifth and last one of the initial Installa
tion In November.
UTILITY EARNINGS
TWIN CITY.
11)14. Increase.
August gross ITUS.OSO J21.7J0
Surplua 153.S08 B.8U.1
From January 1 0,141,175 30O,04
Burplm J.10S.037 UtJ.OSy
PACIFIC LiailT AND POWEIt.
August grass f 133,-137 110.611
Net Interne SU.1H S.rttO
Twrlvo months' gross.. 1,343.3:11! T3.UUJ
(Surplus alter dividends. 6U.4UI 0U.7JI
RECORD COAIi OUTPUT
The Stute Department of Mines at Har
rlsburg has issued statistics on the amount
of coal mined in Ienuslvunia in 1913.
The total is given as 264.657,020 tons, of
which 173,030,064 wero bituminous and 91,
620,658 anthracite. The total production
was larger than In any previous year.
BANK CLEARINGS
Bank Hearings today, compared with
corresponding day In the last two years.
lvna
J blUda, .
m9 tea -
tho
rot.
1614 1813. 1912.
ls,ftii,M8 Sl MS. Ill 24,ia.OSl
15.M1J0 J0.S2ltVi il,SIS.2JU
CREDITORS GET PLAN OF
CLAFL1N REORGANIZATION
Cash Payment of 15 Per Cent. Will
Be Made Available.
Banking nnd merchandise creditors of
the It. II. Clallin Company, which went
Into receivership three months ago, today
received from tho Noteholders' Commit
tee final drafts of the plans for reorgan
ization of the company, They were risked
to give their consent to the provisions
nf the plan. After this permission ha
been obtained, tho authority of the Fed
eral Court will be sought tor the pur
pofo of putting It Into Immediate opera
tion. The plan suggests tho acceptance of a
payment of 15 per cent. In cash and 83
per cent. In three-year collateral trust
notes, renewable for two years nt ma
tin lly. The notes are to be Issued In 23
uctlcs corresponding to the 23 companies,
nnd each Is to be secured by tho stock
of the particular company,
Tho Jobbing house, the H. C. Claflln
Company Itself, Is to bo reorganized as
a separate concern, nnd Its creditors will
S3 per cent. In notes.
After hnvlng given his two homes at
Morrlstown N. J., and In the Adlron
dacks to the creditors of his dry goods
cmporatlon, It. B. Clallin fought hard
for ft part in the reorganization scheme,
It wns learned today. The Creditors'
Committee stated, however, that tho for
mer head of the corporation had been
barred from any connection with tho
bustners.
Five trustees hnvo been named to hold
all the stock In the Mercantile Stores
Company and name Its directors until
all debts have been paid. They ore
James S. Alexander and John W. T.
Nichols and Henry Howe, New York;
Ernest A. Hamtll, Chlcngo, nnd Philip
Stockton, Boston.
CAPITAL INVESTED
IN NEW JERSEY IS
FAST INCREASING
State Bureau of Statistics Re
ports Increase of Product
and Number of Wage
Earners.
Statistics of manufactures of the State
Bureau of Industrial Statistics of New
Jersey show that tho year 1913 was a
fairly prosperous one for the 3S0.P3S per
sons whoso Incomes, whether in tho form
of wages or salaries, are drawn from the
products of Industries.
Tho Increase In the number of estab
lishments In 1913, as compared with 1912,
was 82, or 3.2 per cent. Tho capital In
vested has grown from $919,137,610 in 1913
to JUG9,79G,304 In 1913, an Increase of $50,
C38,83I, or B.5 per cent.- Tho distribution
of this enormous capital, according to tho
requirements of industry', was as follows:
Invested In land and buildings, $224,359,
123; In machinery, tools and Implements,
$210,381,939; In all other forms, cash on
hand, bills payable, stock In process of
manufacture, etc., $331,855,137.
Tho cost of all stock or material used
In 1912 was V5IS,411,033; In 1913 It was ?6S9,
062,576, an Increase of $40,051,493, or 0.3 per
cent. The total selling value of all goods
made or work done was $1,031,402,715 in
1912. and $1.128,821,3S9 In 1913; the Increase
for the latter year was, therefore, $77,421,-
074, or 7.3 per cent.
Tho greatest number of wage earners
employed at any time during tho year
1913 was 360,321, the smallest number was
297,133 and the average number, 333,018.
Tho difference between the two extremes
wits 35,885, or 17.5 per cent, which Indi
cates the proportion of unemployment
experienced by the factory and workshop
wage earner of the State during 1913.
NOTES OF THE RAIL
A decrease of 5 per cent, per mile In
total operating revenue of railroads In
June compared with the same month of
last year Is shown In tho summary of
the Bureau of Railway Economics. The
summary also shows that there was a
decrease In operullng expenses of 4.1 per
cent. The net operating revenue per mile
wan $23 smaller, or 7 per cent., when com
pared with June. 1913.
With the Intention of breaking up tho
practice of passengers rldtnc on plat
forms of moving passenger oars, the
Pennsylvania Railroad has posted no
tlces on bulletin boards of the Pittsburgh
Division warning passengers of the dan
ger In so doing.
Through a lost advertisement a passen
ger on tho Maryland Division of the
Pennsylvania Railroad recovered $100
which he had lost on the platform In
Broad street station nnd which was
picked up by a brakeman and held by
the company until the owner was found.
Olliclalf of the Pennsylvania saw the ad
vertisement, which appeared once, got
Into communication' with the ni.m and
tho money, which was the savings of a
six months' cruise on u sailing vessel, was
returned to him.
Chicago is now assured of Its new $63.
000,000 union station and passenger ter
minal yards, the Pennsylvania und other
roads Interested In its Joint construction
having accepted the city ordinance gov
erning the undertaking. This Involved
the payment to tho city of $323,S03. and a
few weeks ago there" was danger that the
enterprise would be delayed In anticipa
tion of difficulty In raising tho money,
owing to tho war. This appears to have
been overcome. The work Is to be com
pleted in five years.
Statistics show that only a little more
than 3 per cent- of the passenger cars
turned out last year were of wooden con
struction, and In a few years those of
wood will have disappeared from the
principal qrteries of travel, If not from all
roads. In the coming year all postal cars
must be of steel. In the four years ended
January 1, 1913, steel passenger cars In
creased In number from 629 to 7271. and
steel nnderframo cars from 673 to 3298,
each of the former costing $13,000, which
serves to Indicate how expensive It is to
the railroads to make the change to metal
equipment.
RATES FOR MONEY
The rates for money at all thu leading- finan
cial centres today were quoti-1 as follows'
Call. Time.
1-hlU'lclrhla O
New Vork OS I III
llMtcn 8 0 (JS
Chicago 7 7
I'hiladelphU Commercial paper, three to six
months' matorltles, 701S Pr cent.
$400,000
Live Money for Live Mortgages
la 115.000 to J50.0O0 amounts ; no advances.
Send full particulars Immediately.
HORACE K. READ
H UKOADWiV, NEW XOliK
NEW FEDERATION OF
INSURANCE AGENTS
IS ORGANIZED HERE
State Body Covering Life,
Fire and Casualty Brokers
Will Make War on Pro
posed Obnoxious Laws.
Organization of the Insurance Federa
tion of Pennsylvania has been completed.
It has established temporary head'
iquatters In the rooms of the Fire Insur
ance Society, In Fourth street near Wal
nut. Tho federation Is made up of life,
flro nnd casualty Insurance agents and
brokers throughout tho State.
In a letter to brokers and agents, J,
W, Henry, president of the newly formed
federation, declares that the future of
the Insurance ngcut In Pennsylvania Is
In danger, nnd that there must be made
a co-operative attack on laws, which, he
says, the next Legislature plans to put
through covering Insurance regulation
and operation.
"As you are well aware," pays Presi
dent Henry, "the Inauranco business has
been tho subject of attack by Legislatures
In snvornl States, nnd, as you know, the
Insurance agents of Ohio, "West Virginia,
Washington and other States, have been
put out of business after working years
In building up their agencies. Wc are at
this time confronted In Pennsylvania with
n Legislature about to convene to give
consideration to measures! vital to tho
Interests of ihe Insurance agents In tho
State of Pennsylvania, and we must be
prepared to meet tho issue fairly by be
ing organized Into a body that will wield
such an Influence na will grant to Us as
agents and citizens of the Commonwealth
of Pennsylvania a right to contlnuo In
the Insurance business as a means of
livelihood. Had the agents been organ
ized In Ohio and other States, they would
still have their business.
"If the Insurnnco business Is attacked
and legislation passed which is detrimen
tal to the business, there will be no
fuithcr need of tho agent. The Insur
ance' companies have no right to como
In and say what character of legislation
shall bo passed, but wc, as citizens, tax
payers and voters of this Commonwealth
should say what sort of legislation shall
be put upon our bread and butter.
"Only organization can save and per
petuate to us the need of tho agent In
Pennsylvania, nnd ns flro Insurance, work
men's compensation and life Insurance
wo know will be matters for considera
tion by our next Legislature, we must,
for tho salvation of our business, bo
organized In a compact body, working
hand In hand In legislative matters to
safeguard our business."
Officers and directors of the federation
are: J. W. Henry, president; S. H. Pool
nnd J. S. Turn, vice presidents; J. L.
Rlvolta, treasurer. Directors: Robert M.
Coyle. Philadelphia; Wallace M. Reld
Pittsburgh; Charles K. Yungmnn, Phila
delphia; James F. Tanner, Erlo; H. A.
Logue, Pittsburgh; J. "IV. Barr. Oil City;
J. B. Longacro, Philadelphia; F. S. Barr,
Lancaster; Jl. B. Pnrnell, Indiana; Jerre
H. Barr, binding; B. H. Hair, Greens
burg; J. F.' Broadbcnt, Scranton, and
Jcsso S. Bell, Wllllamsport.
FINANCIAL BRIEFS
On October 7, at 2 p. m., tho Depart
ment of Agriculture will Issue a report of
condition and yields of grain crops.
The Utlca Steam and Mohawk Cotton
Mills, of T-'tlcu, N. Y have received an
order from the French Government for
GOO.OOO sheets. .
President Robert Lamont, of the Ameri
can Steel Foundries Company, on an In
spection trip of tho company's plants,
says that It will be necessary to close
some of the plants and curtail production
at other works. Mr. Lamont said that
the foundry business was decidedly poor
at present.
Retiring directors were re-elected at the
annual meeting of tho Chicago, Milwau
kee and St. Paul.
The American Gas Company announces
tho payment of the remaining outstand
ing $1,600,000 5 per cent, collateral trust
loon at its maturity October 1, at the of
fice of tho Marchants' Union Trust Com
pany, Tho financing of the loan was pro
vided for earlier In the year by the place
ment of a like amount of 5 per cent, col
lateral trust bonds, all of which have been
sold to Investors.
Two Swim Golden Gate
SAN FRANCIbCO, Sept, 2S.-Robert
Beck and Walker Pomeroy, long-distance
swimmers of the Olympic Club, are re
ceiving congratulations today for their
feat yesterday In swimming the Golden
Gate and back from Point Wlnfleld Scott
and Lime Point, a task never before ac
complished. Pomeroy's time was 1 hour.
2 minutes and 2 seconds. Beck arrived
ten minutes later.
PHILMONT WINS CUP AGAIN
The Phllmont Country Club assured It
self of the challenge cup for another
year by taking four out of five in the
men's doubles nnd two out of four
matches in the mixed doubles from the
Surbnn Country Club, of Baltimore, yen
terday, thus making the score stand 15
matches to 1 in favor of the local club.
Tho two organizations compete annually
for tho trophy.
PHILADELPHIA MARKETS
GRAIN AND FLOUR
WIlKATv ItocelpU 147,105 bush. The
market tnw quiet with no Important change
In prices, far lots. In cxpott olevntor-N. i!
rod, spot and September, $1 (Wfll.Mi Nn. 2 re.l
Western, $1.1291.17; Uo. 1 Northern Duluth.
$i.PgI.23.
COItN. Receipts, .1009 bosh. Demand
llsht and prices ljc- loner. Car lots for loc.tl
trade, as to lornllon-No. 2 yellow, Sfl'iflSTo i
steamer yollon, SdfrSO'ic
OATS. Receipts, 48.MJrt bush. Prices de
clined He. with liuscrs Itnllfferrnt. N". '
white, C1C3IW.I standard white, 3.1W31-.:
No, 3 white, 838&i-,,c.
Ff.OUIt. Receipts, 703 iibK. 81 1. R0 '"
In acks. The, market dull nnd largely nominal.
Per 100 lbs. In wood-Winter clear. I.W)fl.8Tt
do., ittmUht, S4.tKiflS.in, do , patent, ?'-2;i?
.1 00; Katun, straight, Jute sadm, $ .20ttu.W.
Wo., patont, Into sacks, $."i.V)5.iSj spring,
nut clmr, 4.ifSflfl. dn utrnlxht. 5...I iy.i.4':
do., patent, S..ru41i1.Ki, il favorite hrandj,
WfjO.S.Ij city mills, choice and ftiney .pafnt,
iaan.2.1; rlty mllli, regular nmdo-WInf"-,
clear, 4.K4,'W; do., straight, Sl.litifl.i.l.iS do.,
patent, S." 2?.J."l.0. . , ,,
HYK rr.fltlK. Quiet, but uteaOHy held
at $53.Eo for nearby and Western In wiyvu
VEGETAIJLES
Quiet and prices favored btter. While pot i
toes, per bush. Fennsylrnnln, 'Hflille.: Nov
Vork. IMffSSe
ket. 3.-?40tM
white botalnns. JprufV. tier Las-
sweet Potatoes. Ilasteni Share.
per hbl.-No. 1. Sl.iSV2..'li: No. 2, 7.V.O!
sweet potatoes, North Carolina, pir bhl. No.
1, S1.7StT2; No. 2, 7ucff$l: sweets, Jersey,
per M1I.-N0. 1, 2.r,0fJ2 75, No. 2. ..7)fll.7f..
sweets, Jersey, per baiket, 40W."Oo. Onions.
Western and Connecticut Vallev, choice, per
ICO-lb hag, $1. onions, medium, per 100-lh.
bar. 7.1WHIC. Cabbage, domestic, per ton, JUJ
iBlz. Celery, New York, per bunch, 103".0o.
Mushrooms, per 4-lb basket, W,y,1.00.
FRESH FRUITS
In fair request nnd generally ste
des, pet bbl. Oravenstelti, $1 .101(2.:
1.RQB2.23: other irood eating arlctli
endy. Ap-
. y ., i I'UISII.
les. Ji.Tiilfi
25: medium, S1SJ1..VJ; npple. Delaware and
I ennsIvanla, per hamper, ROftriUc Lemon,
Per box, JTff4 Pineapples, per crate l'orto
hlco, $l.2S1i:i.2.i rtorldu, $12..V) Cranbrr
rles. Cape Cod. Harly mark. pr hlil., Sl.,"n.
cranberries. Capo Cod, Early Mack, per crate
fl,7.'5J2; cranberrlc". Jersey, per crate Iirk.
SI.7302.2.V, light, StWl 2.". Huckleberries, per
qt., 4BSc! "caches, Virginia, per 20-l
basket, 2."tfi0c. ; do., do., tier crate, 7."ef$1.2-
do., Dclawaro and Maryland, per banket. '."T
75c: do., do., per crate, Tfic.i$1.2.. peacho,
Pennoylvanla, per basket Larse white or yet
l(.v, 00W7.ric. 1 medium, n05J40e.; jicnclio Jer
sey, white on yellow, per iji-baiket lbura.
larce 7Bii00c.; medium, 2Sf74(Ju. l'ears, near
by, per bhl, - Uartlett. Nn. 1. Slfl
5 50: do.. No. 2. 2.r055!3: Clapp'i fav
orite!" No. 1, sn.MKM.SU: do., No. 2, ti.Wtt.1:
other varieties,' 2S3: pears, N. V. Feckel, per
bbl. 195; peatu, Tlartlott or Seckel. per
bushel basket. l1.7n. Grape. New York
Concord, per S-lb. basket, l.lffl-'C; do., per
4-Ih. basket. 8J10c: Delftwares, per 4-Ib.
basket, 12t5.: grapes, Concord, per crate,
40WSOC. Plums, per 8-Ib. baskpt, 202.",c.
Cantaloupe.". Colorado, per crate, .JlWl.GO; do.,
do., flats. SOITMta. Watermelons, Jersey, per
m ?10S25, SUGAR
KimNEn. Trade slow at former rates.
oh.ni,,,) trrflniitnteil. O.SOe. : fine granulated.
0 7.V.: powdered, O.'Oc. : confectioners' A,
O.GSc.
soft grades.
S tf080.50e.
DAIRY PRODUCTS .,
IJUTTKK. Market nulot and without Im
portant change. Offerings moderate but am
ple. Western fresh, solid-packed, creamery,
,fnncy, specials. .Tic: extra, :tlc. : extra firsts,
.10c: firsts. 2RiVB20Hc.: seconds. 2i,827iic.;
ladle-packed. 2123c., as to quality; nearby
prints, fancy, 34c; do., averagq extra, 32r0.1c.;
do., firsts, fel.llc.: do., seconds, 2729c. Spe
cial fancy branrd of prints Jobbing at 3?ifl0j.
KOOS. Strictly fine fresh eggs kept well
cleaned up at steady prices. In free case?,
nearby extras. 31c. per doz.; nearby first..
?1.40 per standard case: nearby current re
ceipts, $7.2ofl7.."iO per standard case: Western
extra firsts. JS.40 per case; do., firsts, $7.20f?
7.BO per case: do., seconds, $0 fiOBtt.flO Per
case. Candled and rccrated fresh cgiti were
Jobbed out at .1."fl37c. per doz., on to quality.
C1II1KSK. Trade quiet nnd the market
unthanECd. New York, full-cream, choice, iq'4
OltvV.; do., do., fair to good, lSVSSlCc; do,
part skims. Oil 14c.
POULTRY
I.I VK. Plentiful and barely steady. Fon Is.
l,"U17c. ; old roosters. 14!J10c. : ducks, old, l.'IW
14c: do., bpring, H'fliric. ; guineas, per pair,
young, welshing 2 lbs and oer .tplece. ,0c.;
do., weighing l'jl1! lbs. apiece, r,0ftWc.;
do., weighing 1 in apiece. uUc; old. 60a;
plseons, per Jlr, 17 ISc.
PROVISIONS
Market quiet and unchanged. City beef,
in sets, smoked and alr-drled, IlKi.'Wc:
Western beef. In sots, smoked. 31i&3'Je. :
cltv beef, knuckles and tenders, fmokod and
nlr-drled, 32ii(l4c; Western beef, knuckle an. I
tenders, smoked. 32I3lc. : beef ham. f40flH3:
pork, family, $2CB27; ham-i. S. P. cure1.
loose, IfP-v&tflVic: do., aklnned, loose. I.'H'
lfic : do., smoked, lRf(.VJc : other ham
smoked, city cured, aa to brand and average.
lSSflPc. : hams, smoked, 'Wostern curqd. lsij
10c: do., boiled, boneless, 2SW2:c. ; picnic
shoulders, S. V. cured, loose, 12'(fl'le. : do,
miokcd, 110141SC; betlle In pltkle, according
to averase. loose, l(Ujffl7c ; broikfust bacon,
as to brand und aeraKc, city cured 2tfrj:2lc :
hreakfast bacon. Western cured, 2b32'Ic. lard,
Western, refined, tierces. JU'-jWllc . do. do
do., tubs, UWJimc.: lard puro city, kettln
rendered. In tierces. llVjfJH'vic.: do., puro city,
kettle rendered, in tubs, H'ifMl"iC.
LIVE STOCK QUOTATIONS
CHICAGO. Sept. 2S 1IOOS Receipts.
20.000; market 10c higher: mixed and butcheis,
iSJCfiO 10; irood heavy. 41 70'?ii. rough heavy,
Ir.HSsNiW: llsht. ji.soiiti.Ui; iIk, siMnuH.i.-,.
bulk. JS.103S.8. CATTLE ItecolPtM t!2.u(i.
market Btqady to 15c lower, beoes, ?7.4ilt;
cows and heifers. .1 "Wa 2.1. atocker nnd
feders. fl.4Ufi8 15: Tcxtns, $7 40u''. calm.
fli.CO'irll ."ii. SHKUr. Receipts, SO.uOO: marl.ct
Wc lower: native and Western. ?J.2oa..73,
Umbt. J.I.OOljS
NEW YORK BUTTER AND EGGS
NEW TiOHK. Sept. 2S. HI'TTBll quiet
?rtlnts. 4(01 iudb: creamery, extni ..uu.i::?..
StatB dairy.
rpi-tlnts. 4001 tuba: creamery.
i.---'r .', ...l n. .n..- . I ,..! T
IUU9. l.'i;.i 1II1IL.K.U1I Clt'dlUCr .
flrbtii. i'lVM'ic. KOOS quoet receipts, VJ'Jl
crates; nearby white, fancy, nsfi'ssc : neaiby
mlxuJ, fancy. S.VuiISc: fresh, firsts, 2U2'Mn.
HOPPE PLAYS INMAN TONIGHT
SEW YORK, Sept. 2S. Arrangements
for the opcnlnjr session of tho Interna
tional billiard match between Willie
Hoppe, world's champion at 1S.2 balkllne,
nnd Melbourne Intnan. tho Knllsh
billiard champion, at tho Hotel Ahtor to
night are complete, and It Is expected
that the match will mark nn epoch In
tho history of billiards In this country.
The game opens with 61O points nt llnK
lish billiards, and will proceed dnlly.
afternoon and evening throughout the
week
On Friday afternoon the orttlro pro
ceeds will bo donated by tho players
to the American lied Cross fund, nt
which time a record crowd is expected.
Mohawk Runners Win Easily
NEW YORK, Sept. 2S.-The Glencoe
Athletic Club staged nn all-ttday racing
carnival on Its oval yesterday.
The strong team of tho Moliunk Ath
letic Club had an easy tlmo winning tho
one and three-quarter mile event.
Two teams from tho Olencoo Athletic
Club wore successful in two one-mile
races. Ilassedus, Taub, Gnscoin and
Klrscher were one winning pair, while
Uosenbaum, I'urtell, Qulnliin nnd l.eo de
feated runners from the Pomlntcan Ly
ceum and Sheridan clubs In tho other
race.
WHEAT OPENS QUIET,
BDYIN6 POWER WEAK,
IN CHICAGO MARKET
Spring Markets Still Full,
Although the Receipts Are
Smaller Than' a Week
Ago.
CHICAGO. Snpt. 29. Wheat opened
Millet nnd a sliado easier today, with De
cember tlliehnnged nl $1.08?; atitj May Off
i at l.t5',&. Tlicto wns a lade of buy
ing power. The spiliitc wheat markots
were In War, nnd while tccelpts weto
somewhat smaller than a week ngo, they
wore still full, Tin' trade expected an
other good liicrc.iea In the visible sup
ply. The cables wero lower. World's ship
ments for the week were about 'the same
ns they were a ear ago, exclusive of
Kussla und the Danube. Shipments from
North America for the week wero 8,173,000
bubhcls or nil but 1,500.000 bushels of the
total. Tho United Kingdom received 3,
"81,000 bushels of tho'Amerlcan total and
France 781,000 bushels. The market at
Liverpool hardened after tho start on
an olllclal Itudslan report und an Im
proved demand from millers. The stock
at Liverpool la 1,760,000 bushels, an ln
crease of 2iil,000 bushels for the week
The receipts ut Minneapolis and Duluth
today wero 17S0 cms against 1M3 cars a
year aco; nt Winnipeg, 19SG cars ngninst
2ZI3 cais, at Chicago 311 cars against 3-f
cars.
Corn was easier and tho support rather
poor, Deconibcr opened off ,c. nt G9c.
to Mr., and May off He. at 723c. The
wtuthcr was favorable for the new crop.
North America shipped 325 000 bushels
for the week. Total world shipments
wero larger than hud been expected.
The htock nt LI vet pool is 1,216,000
bushels, an Increase of 31,000 bushels for
the week. Tho receipts heie today wero
60 cars.
Oats wore caster, with December un
changed nt 40Uc. at tho outtet and May
off He. at J2c. North America shipped
2,163,000 bushels for the week. Tho re
ceipts here today were 130 cars.
Leading future's ranKed na follows:
ttaturnay'B
PORT OF PlIlLAUfiLPllIA
Bun rites
MIrIi waler
Low water.,
Wheat Open, lllph. I-oiv clase.
September 1.0V; l.lxr", 1 fl.7'4 l.or,i;
Do-ember LOSH l.w; .. l.tisj,
May 1.13J l.JC's l.l.'!j.
Corn (new delivery)
September 70U 70', 7CU 7l(i
December K' 7i no' 170
May m Kit 71"4 Vik
October ...10.S.-, 10.K1 10 S3 J10.SO
Oats
September 47 47'i 47 -40
December 41111 tli 40 4t)i
May Mii OL'U O'J 0aJ
I-ard
September 1. til. 5.1
Octoher I 00 O.fiO Ii.37'4 0.3.
January 10.(3 10.03 V 00 '1003
Itlbs
September M.m -Il.r.i)
October 10 Ki m.'ll! in1).-, tlo.vi)
January 10.W to.ssl0 32 10. "m
I'ork
September 17.'J",
January r. !!.') 'I0..S7 10.SO '10.77
lilil. tAslted. JNnmlnal.
Mrs. Wood nnd C. M. Bull Victors
XnV YORK, Sept. 2S.-WIth the unex
pected victory of Mrs. IJawson Wood and
Charles M. Hull, Jr., In the final round
of tho mixed, doubles championship yes
terday on tho clay courts of the West
Side Tennis Club ret ToYest" Hlls, L. ,1.,
the tournament of the 'metropolitan te'n
nls titles was brought to a successful
conclusion. Mrs. Wood and Bull defeated
Miss Claro Cassel and S. Hownrd Vo
slicll In tho final round, two sots to one,
by the acoio of 5-7, !-4 7-5.
Big Entry Xistffqr Horse Show
NEW YOIUC. Sept.' 2S. The catalog
for the Tlplng Rock Horse 3how 'Is now
being mado Up. It shows H70 entries,
fully 101 more than at any previous show.
Tho nominations in many of tho hunter
and Jumper claims nie so large that the
committee has decided to devote next
Thursday morning to elimination trials
in live of the classes In which the entries
are the largest.
Stir; AND TIDE.
r,-.-,2n.m TSun sets . . 3 in p.m.
PHII.AIHIM'HIA
R:,V1 a.m. High wnter. 0 " p.m.
U'.'ll a.m. I Ixw water.. :l. p.m.
ItnilDV ISLAND
Hlrli water, fit.-, a.m. I High w,ft(,,r , .? n- Hm'
Low water a.m. I Low water .12 n. p.m.
HKKAKWATHIt
High water. 3 -.11 a.m. I High ter. 3 J" 1 1' "J
l.ow water,. 0 13 n m. I LnW water. .10 01 p.m.
Vessels Arriving Today
Dominion tSf), Inetlam, I.Herpool, padfen-
erra nnd inetchinl(c American l.lnc. docked
WaehinKton nenuo ivlurf 0..M) a. m ,,,
P'lUteru (Nor ). Port Ailonlo. fruit) t'nlte.I
rtult ("umpany. nocked s n. m.
Cnniad Mnhr (Nor.. llergb". via Marcus
Hook, .lo;oph ,'. Oabtlel, Point Breeze, ,
Steamships to Arrive
PASPUNCIttrt.
Prom. hailed
T!1itgoV fept. trt
Naplc Sept. 18
I.urponl ,upt L'.I
C'Optlihajen ...h'ept.
rituirjuTv
Calcutta sept I
Hotierdnm ....Sent. Jfl
, Luidotl Sept, IS
Mnnrlirster ...Kept, 10
....'..liuclin Sept. II
.,..,. Calcutta Kept.
Stavnnger SPt, 't
Cnrjinr Sept. lr
MI'Mleahnra ...Sept. 11
belth Kept. Ill
l,ntidon Sept 22
Hllo Sept.
...... Newcastle N H.Se-,t . V2
St. Vincent. r,V Sent. V
Nam",
Mongolian
mnmpalla
Mcriun
California
City of Durham.
ZyfdyK
Start Point
Mali. Mariner...
Adolfo
Still mf el
Cnliailln
Zefenliergen ....
11c
Nnr I
itnpldan .
Mlipnurl ,.,,
Unkntan ....
rlreemvlch ..
Wlnlatnn ...
Man. Miller
Corrlston
.Manchester
..I'orrey
Sept.
.Kept.
Steamships to Leave.
PASSnNOtlll.
Name, , I'or. . pale.
Dominion Liverpool Oci,
Ktnmpnlla .Naplei , Oct. 0
Merlon Liverpool Oct. 10
Mongolian (llasgmv Oct. 17
California Copenhagen , ...Oct. 1U
PKLIGIIT.
.....Copenhagen ...Sept.
Lmdon Sept i!(l
r'lirlstlanla .....Oct, ,1
Lelth Sept. 'M
Rotterdam Oct. H
Mnnchister ... Oct. Ill
London Oct 10
London Oct, 14
. ... t cltli Ott. 10
Umnlenborg .
West Point..
Cnnailln . ...
flraclnna ....
Zvldylt
Man. Mariner
Start Po ut .
Missouri ....
Itnpldan ....
POUT OF M2W YORK
Vessels Arriving' Today
Name. Prom. Dotked.
Columbia OIrkkow S a.m.
Krlstlanlfjord Itersen 1 n.m.
Kxpagnn IIaro S n.tn.
Minnehaha ....London 1 p.m.
Steamships to Arrive
DUH TODAY.
Nome. Frcm. Date.
St. Anna Naples fcept. 11
DUE TUESDAY.
Pnlted Statei Copenhagen .
fitanipilla N.iplci
Steamships to Leave
Name. Por.
Chicago Havre
Virginia llordeaux . .,
N. Amsterdam JlntKrdam ..
New York Liverpool ...,
Maurct'inla Llvrrpo.il ...,
Adriatic Liverpool ....
Columbia Ulaxgow ....
Philadelphia Liverpool ...
Dura d'Aosta Naples
Mint ehaha London
Eipocne Havre
..Sept. 17
..Sept. Is
Date.
Sept. L'S
..Sept. iS
..Sept. 211
. .Sept. .TO
..Sept. no
. .sept. ;;o
..ot. s
..Ott. :i
..Oct. .1
..Oot. ;i
..Oct. 3
FREIGHTS AND CHARTERS
The unabatoil moderate demand for prompt
boats keeps the aleam market active and rat, 3
rteady Chartering In tho sail market Is nt ,
standstill.
STEAMSHIPS
Sllngsbv (Pr.), New York to picked ports
Pnlted Kingdom, grain. 1'l.COO quarters, 2a.
Id., prompt, option French Atlantic porti, Sa.
Od.
Mdlrfleld '(Dr.), M.WI ouartcrs. sam, from
Philadelphia.
. Shake"penre (Hr.), Gulf tn Havre, grain,
2.1OO0 quarters. ,1i. I'iH., October.
Karuma (Br.), Oulf to ilcke I ports I'nltd
Kingdom, grain, .'Is . option French Atlantic
ports, 3s, 3d., or Mediterranean iwrts. Ss. Od..
prompt.
Santanderlno (Span.), lliHI tons, transat
lantic trade, one trip on tlmo charter, basis
it. 6d. delivery Oulf, redelivery United King
dom, rrompt.
Nils (Nor.). 1101 toni. Prosrcso to Mobile,
bimivlil vents.-, prompt. -
Lasxcil (Am.), 12, tons, coatwlso trado,
on irtund trip, private termi. prom),t.
King Idwal (Hr.). Klmi tons, Virginia tc
MontevKlei, coal. S. im prompt.
Illrgln (Nor.). 1171 tons Ualtlmore to (Juan
tanamo. eont, private terms, prompt,
Camilla (Nor.), l'-'io tons, lliltlmore to Ha
vana, coal, private terms, prompt.
Foreign Jte.imer. Port rthur. Texas, to
four ports Australia, refined petroleum, ir,0,
CC0 cajes, basis ":? cents one pirt, October.
U.S.COMMERCE BOARD
WILL LOOK INTO THE
EMBARGO SITUATION
Makes All Coal Railroads
Parties to Inquiry Into Re
ported D i s c r i m i n a tion
Against Shippers.
HerausM complaints have been niadfl
that ppMhIh coal-cnrrjlitfr railroads have
1 slalillstu'd embargoes that resulted In
discrimination against shippers tho In
terstate Coimnnrrn Commission has de
cided to Investigate tin- tpie.stlon of cm
l.arsnpp sr-ncrally and the conditions un
der which they nro rBtabll-dicd. Ac
cordingly, all the railroads of the coun
try that carry ronl will be mado mrtle
to the inquiry, which will begin in Chi- ,
cam on January 20, if'15, and from which
the (JommlRHlon hopes there will result
Hie establishment of a system ot em
hnrt0 regulations.
Tho order of the Commission covering
th Inuulry follows:
"Tho subject of tho rules, regulation
and practices of common carriers by rail
having biTti brought to tho attention of
tho Commission by .nformnl complaints,
wherein It was alleged that certain coal
toads established embaigoi which re
sulted in unjust discrimination against
shippers; and the Commission, as a con
seijupncu, desiring to inform Itself gen- ,
orally as to the question of embargoes, ,j"jLJ
the condition" under which they are es.'
tabllshcd, and tho manner in which no4 ,
tico Is given, with a view to prescribing
reasonable regulations for such en
bargoes.
"It Is ordered, that a proceeding of In-j
qtilry and Investigation be, and the same
! hereby Instituted into and concerning!
the subject of the rules, regulations and
practices of carriers in establishing m
uargote. '
"H Is further ordered, -thnt all common
carriers by rail, subject to the act to
regulate commerce, be nnd they are hero-V
by made parties respondent to this pro- v
reeding: that this preceding bo set for
healings at such times and places as1 then
Commission hereafter shall designate,,
that the parties respondent be required
to appear nnd testify or to product
books, documents and papers as the Com0
mission shall deem necessary."
t.
s.
LARNED AND CLOTHIER WIN
Veterans Get Better of Little
Pell in Noble Final.
The doubles title in the
Dean Heads Central A. A. TJ.
CHICAGO. Sept. 2S.-C. A. Dean, ot
tho Columbia Yacht Club. Chicago, was
elected president of the Central Asso
ciation of the Amateur Athletic Ui.lon at
a meeting held by that bndy le, ntly.
Georgo . Sqhneidcr, Ovel.tnd A. C and
R. T. Redmond, Cincinnati A. F., uerc
elected vice presidents.
and -
1 JX ..
invlt jn .
tournament for the Huntingdon V ney , j
challenge eups was captured by the vet-
erans, W. .1. Clothier and V. A. Lamed, "
In straight sets from Theodore R. Pell
and It. D. Little, last year's winners, "
on the club 1 ourts at Xo'ole yesterday. '
Scores, S to 6 and C to 3.-
Larned and Clothier reached the final ""
round through a v letory over R. Evans""
and C. B. Jennings jesterdnv morningT'
the latter combination making the vol-3
erans work the limit to win tho second"13
and final set. Little and I'ell earned"1''
their places in the Mnal round by rensonft"
ot ictories over A. Thayer and Wallace ""
Johnson and Doctor Dewhurst and Rich-"1";-ard
Harts. z.'
So much yelling ban heen made about the
Ti-lIo-Kelley match, which vvaa to have taken
Pla-o .it the KnlnKtin Club Inst I'tlday,
niKht. ;hut Manager Keenan 1 thlnklns nt, -.
trvfng ti urrangc un 'ther mnt h between them
an I .nalMmir n forfeit', hcing pouted bv each
man tu weigh In undr 11" p.iundx '"Air'.
F'unn Ydlps m.iriiier a-s his hoj s a Iff-'
K tin at, iK'htcirt'ii and ai make u lower
wtijht tha'i Ki l ,
fi S'aSwsfS $2,5S0, t, o. b. Detroit Seati Six 'jh
I JulZX
i4
n
DIRECT ROUTE
Interstate Fair
September 28, 29, 30
October 1 and 2
TRENTON FAIR GROUNDS
SPECIAL TRAINS direct to the Fair Grounds
WEDNESDAY. SEPTEMllElt 30
, I'fDOnl3r0i ?.'? Station 7 03 and S 02 A. M.. torplnS at principal station.,
and at 8:05 and Itf 05 A. M. topping at IVnt I'hllsdflphU nml North Vhilad.l
phla tmly. neturnlnr. leave Fair OrounJs 5-15 and 0 no I. Jl. for 1'lill.ideinhla
and Principal I Intermedials MaMon. for Uroad Street Station, West I'h ladelprul
and tvorth Philadelphia only, 3.00 and 0.45 I II. i"
THUIISDAY, OCTOliEU 1
,'.",',Proal SAroC,' f,a'on T "S? A Jl.. stopping atVlndtwl station..
tlwl.ffti.K'.?''-",nfc.10 ? A- .?'" n.'1 l ?3 M ''"I'P'ns a' Wt I'hlladelphU and
North Philadelphia only. Iteturnlnx, leave Fair Uroupda uf 5 IS and tl ou P M
r..l'a?lph,a-Jid Principal intermediate atailona. for Broad Street Htuilun, West
Philadelphia and North Philadelphia only at 5 00, 0 30 and 5 35 P. M.
. .-'? Edition to th.Kr apeclal tralna convenient rular trains vvUl n,p at Katea
of Fair Qrounds daUy. For detailed Information sen Fljera or consult Agents
t
Pennsvlvania I
Railroad Qm
H
i
ifiKni"
i o xss' Xas inp I
Tickets (ood only on date of sale
UTlJjSl JLIU1J(
The Car With a
Forget tor the moment that the Lunniisine
described sells this year for $u"0 We are
faciriR new jirtce btamianls in upper-class cars.
The time is past when luxury lovers need suf
fer ovcr-tat.
The Famous Chassis
This is the new-model HUDSON 5U-40
the latest production ot" Howard K. Coftin
Xinerica'i, foremost designer.
Mr. Coftin, with the 47 other engineers, has
deoted foin years to this model. It is their
linal coiueption of the ideal Sis.
It excels in lightness, in economy, in beauty
and equipment. In many ways it is the finest
example of the new-day quality car.
And the size is just ripht for ease of Uaud,
Iing, combined with ample room.
The Artistic Side
This Limousine body is built for us by fa
nmiis New England coach builders. Every de
tail shows the artist's touch.
It is upholstered and trimmed in finest im
poited fabrics Sample books at your local
Ml'DSON showroom will offer you four op
tions The hardware is hard-ruliber-covered. That
is, door handles, window lifts, etc. The rear
doors lock.
Thousand Charms
There are all tl- dainty appointment1! toilet
cases, smoking c-c- electric liBht in the dome,
electric telephone to druer.
All the gla- is soilless Window and door
iBhts may be dropped The sashles gla
back ot the driver i adjusted for entilatinu
bet it at any height
The windows .ml doors have roll curtain
Koll.qp storm curtains protect the front seat-
The extra seats are collapsible, and one ma-.
s?t them to face cither fmiu or rear
All This for $2,550
Here is a car which is widely con-idercd i't
prince of modern Sixes In every part and .!e
tail denotes our leel best
It gomes with a Limousine body built bv
masters, of the art. It is luxurious to the !a-'f
oepree,
cM?w,Jar ,hp fl!'.t ni because of HUD
bO effieicney thu hight d3ss of closed
ear is uffered at a.S50.
Go judge for yourself at your Hudson sho-room--if
any car at any pri.-c offers more than
you lUsire.
IIiiiUiiu ilnili-r nrr rvrrni Uere.
ev vulaluK nu ri-iiii--,i.
,-ia.,-iiRrr IMineluii .-IU for Sl..ir.O.
.1-1 Haitt-iiKiT lliinillir nrlln fur fl.R.'.ll.
.1-1 ii.t-utrr l iihrliilrt .t-IU for 1. 7.1a.
-I'uaariiKrr t ouiti- ,-ll fir l".su.
J-.lliu f. . , i),.ro I, ii..,, ,,,,
GOMERY-SCHWARTZ MOTOR CAR CO., 253 North Broad St., Phila.
IMMEDIATE DELIVFIES
I'lionr. Fllbrt
L Kejetone,
racwrt
-i