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EVENING LfiPftl-PHILADLPHIA, MONDAY, SEPTEMBER 28. 1914.
ryxmKtrwW'grr9 !!'
IS
FINANCIAL AND COMMERCIAL SITUATION AT HOME AND ABROAD-MARKET REPORTS
MARKET SITUATION
BETTER AS EIGHTH
WAR WEEK BEGINS
1
More Confidence Every
where and Talk of Early
Exchange Reopening Is
Evidence of Improved
Conditions.
Tlilp Is tlio eighth week of hostilities In
Europo and Is nlao the eighth week since
there developed tho financial depression
Incident to the closing of the world's
Block Exchanges because of tho war.
Jinny things have happened nt home nnd
abroad In tho meantime. There Is no In
dication that any cessation of hostilities
Is near, hut thero nro many evidences
that thero Is nt hand a readjustment of
tho financial situation which shull lead
shortly to a moro normal resumption or
general business.
At no tlmo during tho eight long weeks
tho suspension has been under way has
tho outlook been so bright aB It Is today.
There Is everywhere apparent that gen
eral feeling of confidence which haB been
so badly needed and which hao made
Itself felt to such a largo degreo that In
the financial centres of tho country plans
sro being gradually worked out for mar
ket operations on a larger scalo than
l!onlon, Now Tork and Philadelphia
markets have arranged to begin tniuing
In securities within certain restrictions.
Tho committee of tho London Exchange
has published a list of securities In which
trust funds may bo Investod and has given
minimum prices for tho same. Thero is
also a proposal at tho British centre to
deal In securities through auctioneers.
a homo tho most Important step that
has boon tnkon Is tho ruling that unlisted
securities may be dealt in through brokers
nd that prices must not be rigidly main
tained on tho basis available when tho
Stock Exchange closed In July. All this
means preparations for actual business.
Tho list will probably from now on bo
gradually widened.
Managers of tho Stock Exchange are
now under the Impression thut business
may bo resumed in an unrestricted way
on November 1. This is still dependent
on the banking situation and the esti
mate of November 1 Is contingent upon
the ability of tho Federal Itescrvo Eoard
to have tho new banking conditions in
practical workable form before thut date.
Now that the $100,000,000 gold pool to
meet foreign Indebtedness has been com
pleted, It may not bo long before its bene
ficial results nro reflected In a setback
In foreign exchange. Tills Is the effect
It will doubtless have when the plans ato
set In motion, How niiicli of the $100,
COO.OOO gold will bo sent to Ottawa, to
ue the expression of one prominent
member of the special clearing house
committee, "Is problcm-alc.'il." It is pro
posed to make a first call on the sub
scribing banks for '2o per cent, of their
subscriptions, or a total of $23,000,000 In
gold.
CREDITORS GET PLAN OF
CLAFLIM REORGANIZATION
Cash Payment of 10 Per Cent. Will
So Made Available.
Hanking and merchandise creditors of
the II. B. Claflln Company, which went
Into receivership three months ago, today
received from the Noteholders' Commlt-
teo final drafts of the plans for reorgan
ization of tho company. Thoy wero nsked
to give their 'consent to the provisions
of the plan, After this permission has
been obtained, tho authority of tho Fed
eral Court will be sought for the pur
pose of putting it Into immediate opera
tion. The plan suggests tho acceptance of n,
payment of 15 per cent. In cash and BS
per cent. In throe-year collateral trust
notes, renewable for two years at ma
turity. Tho notes are to be Issued In 23
sorles corresponding to the 23 companies,
nnd each is to be secured by the stock
of the particular company.
The Jobbing house, tho II. C. Claflln
Company Itself, Is to bo reorganized as
a separate concern, nnd Its creditors will
llkowlso receive 15 per cent In cash and
85 per cent. In notes.
After having given his two homes at
Morrlstown N. J., nnd In tho Adlron
daoks to tho creditors of his dry goods
cot potation, II. B. Clnfiln fought hard
for a part In the reorganization scheme,
It was learned today. The Creditors'
Committee stated, however, that the for
mer head of the corporation had been
barred from any connection with tho
business.
Flvo trustees havo been named to hold
all the stock In the Mercantile Stores
Company and namo Its directors until
all debts have been paid. They are
James S. Alexander and John W. T.
Nichols and Henry Howe, Now York;
Ernest A. Hamlll, Chicago, and Philip
Stockton, Boston,
NEW FEDERATION OF
INSURANCE AGENTS
IS ORGANIZED HERE
State Body Covering Life,
Fire and Casualty Brokers
Will Make War on Pro
posed Obnoxious Laws.
CAPITAL INYESTED
IN NEW JERSEY IS
FAST INCREASING
State Bureau of Statistics Re
ports Increase of Product
and Number of Wage
Earners.
PUBLIC UTILI IKS
In announcing their decision not to de
clare the regular quartcily dividend of I
per cent rm common stock, which would
nomlnall) he p.ild Ortober 1J, directors of
the l'uget Sound Traction, Light and
Power Company make this explanation
in a letter to stockholders, received hero
today:
"During the Inst two jears the l'uget
Sound dish let has suffered from general
depression In business throughout Pacific
States and Ilrltlsh Columbia. Tills has
been rellectvd In earnings available for
iomm-n stock dividends. As it has sub
stantial cash balance and no floating debt
the companj is strong financially, but
s it Is Impossible to estimate how long
business depression will continue direc
tors believe resources should be con
served "
Although the franchises of 10 Ohio cities
Ith the East Ohio Gas Company author
ized thnt company to increase Its price
for natural gas from 30 cents to 33 cents
a 10ii cubic feet, that company decided
that in iuv of present llnnnclnl condi
tions It would not make the advance. This
decision will help tho consumers of the
following cities: Akron, Canton, Mnssll
lon, Uennlson, New Philadelphia, nucli
de City, nanvillo, Uhrlchsvllle, Nllcs,
Warren, East Palestine, Lowellvllle,
Stmtliers, Hubbard, dlraid and Canal
Dover.
The Ohio Public Utilities Commission
hs authorized thn Cleveland. IUIlwuy to
isue common capital stock amounting to
JI.OCS SOO par value, to be sold for not less
than pur.
Directors of the Columbus Railway,
Power and Light Company, which Is man
aeed and operated by u Philadelphia firm,
lwe declared thn regular quarterly dlvl
"nd of m ptr cent, on the preferred
lock, scries A, payable on October I. The
directors took no uctlou toward financing
proposed Improvements. It is said, how
,T,r' that improvements and extensions
which are urgent will be financed out of
'rnlngi,
The third 2100-horsepower unit of the
v-oon Tlaplds hydro-electric development
constructed by H. M. Byllcsby & To. cm
the Mississippi River has been placed in
"""ercial operation. An nverago of
IW.MO kilowatt hnilra will ho .nr.nllor!
weekly to the Minneapolis General Etec
"lo Company from these three units.
in fourth unit will bo placed in opera
tion about the middle of October, and the
nun and last one of the initial installa
tion In November.
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,S3S per
sons whose Incomes, whether in tho form
of wages or salaries, are drawn from the
products of Industries.
The increase In the number of estab
lishments In 1913, as compared with 1912,
was S2, or 3.2 per cent. The capital In
vested has grown from $919,137,610 In 1912
to $W9,TD,501 In 1913, an increase of $i0,
C5S.S9I. or B.'5 per cent. Tho distribution
of tills enormous capital, according to tho
requirements of Industry, was as follows:
Invested In lnnd and buildings, J224.359,
12S; in machinery, tools and Implements,
$210,331,939; In all other forms, cash on
hand, bills payable, stock in process of
manufacture, etc., Jo3l.855.137.
Tho cost of all stock or material used
In 1912 was $ 3,411, 033; In 1913 It was $SS9,
062,570, an increase of I0,GT,1,493, or 6.3 per
cent. The total selling value of all goods
made or work done was $1,051,402,715 in
1912, nnd $1, 123,821, 3S! In 1913; the Increase
for the latter year was, therefore, 177,421,
C7I, or 7.3 per cent.
The greatest number of wage earners
employed nt any time during the year
1913 was 360,321, the smnllest number was
297,133 and the average number, 333,018.
The difference between the two extremes
was 35,855, or 17.5 per cent, which Indi
cates tho proportion of unemployment
experienced by tho factory and workshop
wage earner of the Stato during 1913.
Organization of tho Insurance Federa
tion of Pennsylvania has been completed.
It has established temporary head
iunrters In the rooms of tho Fire Ilisui
nnco Society, In Fourth street near Wal
nut. The federation Is mndc up of life,
fire nnd casualty Insurance agents nnd
brokers throughout the State.
In a letter to brokers and agents, J.
W, Henry, president of the newly formed
federation, declares that tho future of
tho Insurance agent In Pennsylvania Is
In danger, nnd that thero must be made
a co-operatlvo attack on laws, which, he
says, the next Legislature plans to put
throujrh covering Insurance regulation
and operation.
"As you are well aware," says Presi
dent Henry, "tho Insurance business has
boon the subject of nttack by Legislatures
In severs! States, and, as you know, tho
Insurance agents of Ohio, West Virginia,
Washington and other States, havo been
put out of business after working years
in building up their agencies. Wo nre at
this time confronted In Pennsylvania with
q Legislature about to convene to give
consideration to measures vital to the
Interests of the Insurance agents In tho
Stato of Pennsylvania, and we must bu
prepared to meet tho Issue fairly by be
ing organized Into a body that will wield
such an influence 03 will grant to us ns
agents and citizens of the Commonwealth
of Pennsylvania a right to continue 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 Insuranco business is attacked
nnd legislation passed which Is detrimen
tal to the business, thero will be no
fuither need of the agent. The Insur
ance companies have no right to como
In and say what character of legislation
shnll bo passed but wo. as cltlzons, tax
payers and voters of this Commonwealth
should say what sort of legislation shall
be put upon our bread nnd butter.
"Only organization can save and per
petuate to us the need of tho agent in
Pennsylvania, and as fire Insurance, work
men's compensation and life Insurance
wo know will be matters for considera
tion by our next Legislature, we must,
for the salvation of our business, be
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. Roid
Pittsburgh; Charles K. Yungman, Phila
delphia; James F. Tanner. Erie; II. A.
Logue, Pittsburgh; J. W. Barr, Oil City;
J. B. Longacre, Philadelphia; F. S, Barr,
Lancaster; J. E. Parnell. Indiana; Jerre
H. Barr, Reading; E. H. Hair, Qreens
burg; J. F. Broadbent. Scranton, and
Jesse S. Bell, Wllliamsport.
FINANCIAL BRIEFS
NOTES OF THE RAIL
UTILITY EARNINGS
TWIN CITT.
1914.
SuSS"0 "8."0
JrY ...,, 103,808
a3Jun,u ."!.!
--"
Increase.
S21.71U
9.U33
Boo.au I
1,103,037 lou.ctsa
PACIS1C LIGHT AND POWER.
Anion rroti 1123.487 I10.au
3. OIL)
73.00J
60,731
inrlm ' ma".
I,?J!!,V m"M'"fVoii.'I l,34i:30
"Tim after dividend.. ' 8MU7
RECORD COAL OUTPUT
HwBLat8 .DePtment of Mines at Har
of r?i VMued 8tatsllc on the amount
The . .'" ncd ,n Pen'wyJvania In 1913.
whJeh mivJlf J?ven M '.W.tBO tons, of
which 173030.064 were bituminous and 91,-
laVlnthra..cUe- Th t0" Production
us larger than In any previous year.
BANK OLEABINGS
8fct yJ?S itf&.u J'.wi
A decrease of 5 per cent, per mile in
total operating revenue of railroads in
June compared with the samo month of
laet year Is shown In the summary of
the Bureau of Railway Economics. The
summary also shows that there was a
decrease In operating expenses of 4.1 por
cent. The net operating revenue per mile
was $23 smaller, or 7 per cent., when com
pared with June. 1913.
With the Intention of breaking up the
practice of passengers rldlni; on plat
forms of moving passenger cars, tho
Pennsylvania Railroad has posted no
tices on bulletin boards of the Pittsburgh
Division warning passengers of the dan
ger in so doing.
Through a lost advertisement a passen
ger on the Maryland Division of the
Pennsylvania Ruilroad recovered $100
which he had lost on tho platform in
Broad street Btntion nnd which was
pcke4 up by a brakeman and held by
the company until the owner was found.
Ottic-luls of the Pennsylvania saw the ad
vertisement, which appeared once, got
into communication with the man and
the money, which was the savings of a
six mouths' cruise on a sailing vessel, was
returned to him.
Chicago Is now assured of Its new J65,.
000,000 union station and passenger ter
minal yards, the Pennsylvania and other
roads Interested In Its Joint construction
having accepted the city ordinance gov
erning the undertaking. This Involved
the payment to the city of J323.S05, and a
few weeks ago thero was danger that the
enterprise would be delayed In anticipa
tion of difficulty In raising the monev.
owing to the war. This appears to have
been overcome. Tho 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 r few years those of
wood will havo disappeared from the
principal arteries 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 underfranfe cars from 673 to 3393,
each of the former costing 313.000, which
serves to Indicate haw expensive It Is to
the railroads to make the change to metal
equipment.
On October 7, at 2 p. m., the Depart
ment of Agriculture will Issue a report of
condition and yields of grain crops.
The Utlca Steam and Mohawk Cotton
Mills, of Utlca, N. T havo received an
order from tho French Government for
600,000 sheets.
President Robert Lamont. of tho Ameri
can Steel Foundries Company, on an In
spection trip of the company's plants,
says that It will be necessary to close
some of the plants and curtnll production
at other works. Mr. Lamont said that
the foundry business was decidedly poor
at present.
Retiring directors wore re-elected nt tho
annual meeting of the Chicago, Milwau
kee and St. Paul.
The American Gas Company announces
tho payment of the remaining outstand
ing 11,600,090 5 per cent, collateral trust
loan at its Tnaturity October 1, at the of
fice of the Merchants' Union Trust Com
pany. The financing of tho loan was pro
vided for earlier In tho year by the place
ment of a like amount of 5 per cent, col
lateral trust bonds, nil of which have been
sold to Investors.
PHILADELPHIA MARKETS
GRAIN AND FLOUR
WHEAT. Receipts, 147.70.1 !iuh. The
market wg quiet with no Important change
In prlecs. Car lots, In export elevator No. 2
red, spot and September, $1 OSfll 11; No 2 red
Western, 1,12U.17 No. 1 Northern Dulutli.
Sl.lSel.23.
COnN-iltecclptd, 3000 bush. Demand
llRht and prices Uc lower. Car lots for local
trade, as io location No. 2 jellow, WiSic :
steamer yellow, SGflSrt'.Se.
OATH. Receipts, 18.500 bush Prices de
clined !4c with buyers Indifferent. No. -white,
B43ll4e.; standard white, M41i3lc..
No, 3 white, .VJjJ&tric.
1'I.OIJIt, Itecelpts, 70.1 bids., 811.S07 lbs.
In icks. The market dull nnd lamely nominal,
Per 100 lbs. In wood Winter clear, $I.W)4.S3
do,, straight, S4.ltfMiri.lli; do., patent, $1 2M
IJ.OOj Kansas, atralKht, Juto sacks, J." 2011 i.Wli
do., patent, Jute sacks, !."mVI!(.i "; sprint?,
first clear, $4. "na,", do., stralKM. -.l"tt..tu.
do., patent, JS.BOflr, 8fl (In.. fanrlte brands,
jwfl.ir,; city mills, cholep nnd fancy patent,
nao.2S; rity mills, regular grades Wlnt",
clear, SI.00ff4.Rft: do., straight, ll.lWfS.b", do ,
patent, fl 2?,ff.',.V),
llVH 1'I.OtfK. Quiet, but steadily held
nt S.'ifJS.eo for nearby and Western In worm.
VEGETABLES
tlulet and prices favored buyers. White potrv
toes, per bush. tVntiBylvnnln, (Mfiaic; Ni-w
Vork. tofr.lse j white xtnlor, Jersey, per t.as
kst, .15ft 40c. i sweet potatoes, Eastern Shore,
per bbl.-No. 1, Sl.TfiffZ.I.I, No. 2, 75c I
sweet potatoes. North Carolina, per bbl No.
1, 11.7582. No. 2, 7,1c.T$l; sweets, .lersi'V,
per bbl.-No, 1, 2.oOf2 75, No. 2. tl.50flt.7f.,
sweets, Jersey, per linaket, 40tt5fle. Onloni.
Western nnd Connecticut valley, choice, por
liwio. rjiiH, fi i uiiiuiio, iiiui.niur, pvr ,muii.
bair. 75fttioe Cabbage, domestle, per ton, flo
(JT12. Celery, New Vork, irr bunch. IO'iJIOc.
Mushrooms, per 4-lb bosket, "0v;?t.CO
FRESH FRUITS
In fair request nnd generally steady. Ap-
Flcs, per bbl. Clravonsteln, $1 50512.25; Plush
1.K092.2.1! other good eating varieties, f r ,"n
2.23s medium, Slfft.SO; npples, t)plnwaro nnd
rcnnsjlvnnin per namper, uviiVMc. kemon-.,
nor bo. 1ff4 Tlneapples, per crate l'ort.i
lllco, Sl.2TiW-1.23: Florida, SlrifS.M) Cranber
ries, Capo Cod, Karly Hlack per bbl., JIMlfir,
cranberries, Cape Cod, Karly Hlnrk, per rrate
S1.7M2; cranberries, Jersey, per crate Dark
Jl. 7502.25, light, $11 2ft. Ilurklebcrrlei. per
nt 4f!Kc.; Teaches, Virginia, per in-h
basket, 2."ifT50c : do., do., por crnte, "."casi.i.'."
do., Delaware and Maryland, per basket. , i
"fie.; do., do., per crate. 75e ifisi.2.", peaches,
Pennsylvania, per basket f.nrito white or el
low, fiOTJ'ftc. ; medium, 30W40-. peaches Jer
sey, white on yellow, per a-basket Hxtra
large. "flflOOc. ; medium. -'.'Hliir-. Tears, near
by. per bbl. Uartleft. No. 1. !h
5.50: do.. No. 2. S2.50ril3j Clnpp's fav
orite. No. 1. S.I.'rOdM.S'J; do.. No. . yi.')'tt:
other nrletles, 1233; pears, N. Y. Seckel, per
bbl., J4frf5, pears, Bartlott or Seckel. per
hushel basket, Slrjl.75. firapes. New York
Concord, per 8-lb. bnsket, Mttl.lc.; do., per
4-lb. basket, 8M10c.; Delawares. per 4-lb.
bnsket, 12rEfl."c; grapes. Concord, per crate.
HOflSOe Plums, per 8-lb. basket. 20B21?
Cantaloupes, Colorado, per crnte, $Hfn Ml; rlo.
do,, Oats, r.OJJ.'Oc watermelons, Jersey, per
m 'm25- SUGAR
Itni'ISni), Trndo slow nt former rnten.
Standard granulated, a SOe.. fine urnnulated,
0 "fte. : powdc-ed, 0 8T,e ; confectioners' A,
0.05c. 1 soft grades, .1 00S0 50c.
DAIRY PRODUCTS
nrJTTKK. Ilfnrket quiet and without im
portant change Offerings moderate but am
ple. Western freah, soild-p.tclced, creamer),
fancy, specials. 35c: extra, 31c: extra firsts.
30c. i firsts. 2"Vtfi2!lHc ; seconds. 202m-:.;
ladle.packod, SlrSc, aa to quality; neirby
prints, fancy, 34c; do., nverago extra, .lltfil" '
do., nrsts. Sntnic: do., seconds. 27Sr2flc. Spe
cial fancy hrnnrd of prints Jobbing at .ISfflOc.
EOOS. Strictly nno fresh eggs kept well
cleaned up at steady prices. In free eases,
nearby extras, .He per ilor. , nenrbv firsts,
$8.40 par standard case; nearby current re
ceipts, S7 20ff7.50 per standard cae; Western
extra firsts. SH.40 per enso: do., firsts, S7.20fT
7,50 per case: do., seconds, Sfl.ROtfil.no per
cae. Candled and recrated fresh eggs were
Jobbed out at 551l7c. per doz., ns to quality.
CltnKHK. Trade quiet nnd tho market
unchanged. New York, full-cream, choice, lflVi
OlCic.: do., do., fair to good. 154010c. ; do.,
part aktms. 01 Ic.
POULTRY
LIVE. Plentiful and barely steady. Fowls,
l.lrfflic. , old roosters. 14ii7loc; Uuoks, old, 1 iif
14c.: do., Hprlng, 1 4 iff l.",c. : guineas, per pair,
young, weighing 2 lbs nnd over nplece. 7(lo. ;
do., weighing mls lbs. apiece, HOfJOlc :
do,, weighing 1 lb nplece, RCc; old. JOc;
pigeons, per pair. l'tHSc.
PROVISIONS
Market quiet nnd unchanged. Cltv beef.
In sets, smoked and alr-drted, SIQ.tjc. :
Western beef. In sets, smoked, 'MWl". :
city beef, knuckles and tenders, smoked and
nlr-drled, ,12OT4c. : Western beef, knuckle nn.l
tenders, smoked. 3217.14c.: beef hams. $40-fTIS;
pork, family. $2027: ham. S. 1. cured,
loose, l.l'i'S10Cc.: do., skinned, loose. 1.1HI?
IRC : do., smoked, 18tJ10c , other hams,
smoked, city cured, an to brand nnd average,
IStflUc.! hams, smoked, Western cured, lsfj
10c; do., boiled, boneless, 2Sft'Jiro. ; picnic
shoulders, S. P. cured, loose, 12fft2Clc; do.
smoked, 14Tfl4Cic ; bellies In pickle, according
to average, looka, limrjpi7c ; breakfast bacon,
as to brand nnd nverago, city cured 21rrjrtc ;
breakfast bacon. VVestorn cured. L'lB21c; lard.
Western, refined, tierces, Jlimflt'V ; rlo . dn
do., tubs, llMtfUSc. Inrd pure city, kettlo
rendered. In tierces. im?ltie.: do, pure city,
kettle rendered, in tubs. licjn?ic.
LIVE STOCK QUOTATIONS
CHICAGO, Sept. 28 IIOOS Itecelpts.
20.UOO; market 10c higher, mixed and butchtrx,
S20frO,lU, good heay. SS.-fl'O'.i: rough heay,
r.iBiHfl3- light ss.sowi lu, pigs, jii.iofl.x n.
bulk, SS.10B8.85. CATTL,E Itecelpts. 22.H0U.
market steady to 18c. lower, beeves, JT.-tooll.
cows and heifers, J1 7."ffO 2S. storkers and
feeders. $0,40'rJ 13. Texans. S7 40B'.S", cales,
fn 5011 M. 81IKE5P. Itecelpts, 50.OO"i, market
10c. lower: natUe and Western, $l..ytfolS,
Iambi, JVOOfis
NEW YOBK BUTTER AND EGGS
SBW YOUK, Sept. 28. Hl'TTl.Tt quiet,
receipts, 4001 tuba: creamtiry, extra ."O'ri.ljije ,
State dairy, tubs, 22'u2ic, Imitation crcaiucn.
firsts. 21Tj-4Vjc. natiS quoet. r. elpts. KIJl
crates; nearby white, fancy, .1.WJRC ; nearbi
mlxoj. fancy. 23Ii:iSc ; fresh. Amu, SIS.Iuo
RATES FOR MONEY
The rates for money at ill the leading finan
cial cvntrns todly were quoted a follow:
Philadelphia W" Imi-
New York fl OS t n
listen 8 8rfi
Chicago T T
I hlladelphla Commercial papr, three to six
months' inaturltl, 78114 por rent.
Two Swim Golden Gate
SAN FltANCIbCO, Sopt. IS.-Robert
Heck and Walker Pomeroy, long-distance
swimmers of the Olympic Club, are re
celvlng: congratulations today for their
feat yeaterday 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 taklns four out of flvo In th
men's doubles and two out of four
matches In the mixed doubles from the
Surban Country Club, of Haltlmore. jes
terday. thus maklnif the score Btand 15
matches to 4 in favor of the local club
The two organizations compete annually
for the trophy.
HOPPE PLAYS INMAN TONIGHT
NEW YORK, Sept. :3.Arrangements
for the opening: session of the Interna
tional billiard match between Willie
Hoppe, world's champion at K2 balkllne,
nnd Melbourne Inmnn, the Knullah
billiard champion, nt tho Hotel Astor to
night ure complete, and It Is expected
that the match will mark an epoch In
the history of billiards In this country.
Tho came opens with eno points at Hni;
llsh bllllardfl, and will procred dally,
afternoon and evening thioughout tho
week.
On Friday afternoon the entire pro
ceeds will be donated by the players
to the American Ited Cross fund, at
which time a record crowd 1h expected.
Mohawk Runners Win Easily
NEW YOUK, Sept. !S.-Tliu CJlencoe
Athletlo Club staged nil all-ielay racing
carnival on Its oval yesterduy.
The strong team of the Molmwk Ath
letlo Club had nn easy tlmo winning tho
one and three-quarter mile event.
Two teams from the Cilencuo Athletlo
Club were successful In two one-mile
raced, nasnedus, Taub, Orlsccun and
Klrscher were one winning pair, nhllti
Rosenbaum, Purtoll, cjulnlan and Le de
feated runners from tho Dominican T.v
ceum and Sheridan clubs In the other
race.
DIRECT ROUTE
Interstate Fair
TRENTON FAIR GROUNDS
September 28,29,30
October 1 and 2
$400,000
Live Money for Live Mortgage!
In 116.000 to $30,000 amount: no advancss.
Send full particulars Immediately.
IJ'nin'' v READ
OltU
SPECIAL TRAINS direct to the Fair Grounds
WEDNESDAY. 3EITEMBER SO
SSE?SS rw? wss'
nl !;rrr""-'-- k KWB
TlU'nSDAY, OCTOBKtt 1
and
phli
.,, ,.707osJr0;.? fi" "T. 03 .n.l 8 02 A. M
Z. .."..T'.r' """? v vi a , unq l UO 1 M
flopping at nrlnclodl matiom
sjUiPptrjr at Vt rMUtltlphl mo!
Vnrik l)klln.li.l- i.. .. " . - t i'i'H
of Kftta
Pennsylvania SP
Railroad Q
i .on "?d
9
Tickets lood only oa date o! sale
WHEAT OPENS QUIET,
BUYING POWER WEAK,
IN CHICAGO MARKET
Spring Markets Still Full,
Although the Receipts Are
Smaller Than a Week
Ago.
CHICAGO. Sept. 2?. Wheat opened
(tilct nnd n shade cnslcr today, with De
cember uiichuiiBcri nt $1.06 and May off
Uc at $1.15'. Them wiis a luck of buy
lliK power. The spring wheat market)
were lower, nnd while tecelptH wero
Momewlntt nmnllur than a week tiRO, they
wore still lull. Tho trade expected an
other Rood Increase In the visible sup
ply. The cables wero lower. World's ship
ments for the week were about tho same
no they wero u year ugo, exclusive of
ltUHHla nnd tho Danube. Shipments from
North America for the week were 8,473,000
ciusiieiB or nil tjut 1,600,000 bushels of the
total. Tho United KinBdom received 3,
781,000 bushels of tho American total and
Krunce 781,000 bushels. Tho market at
Liverpool hardened after thu start on
an olllclnl Itu.Ml.in teport and un Im
proved demand from millers. Tho stock
ut Liverpool Is 4,7tiO.OiJO bushels, an In
crease of 204,000 bushels for tho week
The tccclpts nt Minneapolis nnd Dulutli
todny were 1780 cars against U03 cars n
year ago; at Winnipeg. 193(5 cars against
2213 cni.M, nt Chicago 311 cars against 33
cars.
Corn wns easier and the support rather
foor. December opened off .c. ut COTie.
to He and -May oft- Ho. ut 721sc The
ucuthir wns favorable fur tin- new crop
North America shipped 323 0u0 bushels
for the week. Total world shipment!,
were larger than hail been expected.
Tho fctock at Liverpool Is 1,216,000
bushels, an Increase of 31,000 bushels for
the week. The recelptb here todny were
CO cms.
Oats were easier, with December un
changed at l&Hc. at the outset and May
oft' ViK. at $2c. North America .shlppr-ii
2,1CS,000 bushels for the w ek. The re
ceipts here todny wero 1M curs.
Leading futures ranged as follows:
Maiurtinys
PORT OF PHILADELPHIA
B'lOp.m.
bon and Timca,
Hun rises ... 8:B?.m. I flun sets
l'tflUADKLPHlA
lllsh water. fi-Ma.m. I HlRh water. 0-M p.rrt
tyonr water . .1-31 a.m. I Iflff water. . .1 10 p.m
ItDKDr 18UAND
lllKh water, 6-48 a m. I ltlfth water. 0:10 p.m.
I.ow water a.m. ( Ixjw water.. 12:07 p.m.
IirtEAKWATnU
ItlBh water. 3.11 a.m. I High water. .1:40 P m.
Uw water.. 9:15 a.m. I Ixw water.. 10.0.1 p.m.
Vessels Arriving Today
Dominion (r.), tnnham, Liverpool, paeen
Kern nnd merchandise, Amrlcnn Line, docked
Washington menu wharf (I 30 , m.
Pruterii f Nor ), Tort Antonio, fruit, United
f-'rult Company. Docked H a. m.
Conrad Mohr (Nor.), Ilerirhrv via Morcus
Hook, Joseph C. Gabriel. Toint J)ree?e.
Steamships to Arrive
PASSKNOJjn.
Nnrno. ,From' ,'""e.', .
MonRolInn ninsgow Fept. 10
Blnmpnlla Naples Sept. 18
jterlun Liverpool fcent. SM
California Copenhagen ...Kept.
FltBiailT.
City of Durham Calcutta Hept,
s.ywyK iioiiprri
Klnrt Point linndon
1
Sent. 1.1
h"ept. Ili
Hept. Ill
Hept. 14
Sept.
Sent, ir,
Zerenbergcn .......... f',irdllT Hspt. 18
.Mirjuiesrroro ...nepc. xo
Mtn Mariner Mum hester
Ailnlfo lluolvn ...
KniMiifpis ( alcutm
I 'n nnd l.i HtnvanKer
Nnnlk
Ilnphlan ...
Missouri ...
IMkotati ...
Oreenwlch ,
Wlnlatnn ..
Man. Mlllsr
Corrlston . . ,
. ...L-lth t'ept. Ill
....London fppt 22
....Hllo fpt.
,, ..Newcastle, N li.Opt, 22
.... Ht. Vincent, C.V Ppt. 17
,.... Manchester ....Sept. 21
. ...lTorrey Sept. 2
Steamships to Lenvc
PAsanNQBit.
Nome. -.For- . Dtite.
Dominion Liverpool Oct. .1
Blnmpnlla Naples Oct. il
Morion Liverpool Oct. lo
Mongolian fJIssgow Oct. 17
California Copenhagen Oct. 10
FItKIUHT.
IJrnnlenborR Copenhagen ...Pept.
West Point Iwinrlott Wept. 3
I'Hnndla Christian!! C3ct. 3
riinrlnna Lclth Sept. 3u
Zjllyk Itotterdam Oct. S
lutl Mariner Mnnrhester fct. 1U
Htnn Po.nt Ixindon Oct. 10
Missouri I.nnrlon Oct. 14
lUplrlan I.r-lth Cs.i. 18
PORT OF iSfiW YORK
Vessels Arriving Today
Name. From. Dorkeil.
Columbia rlinsgow s a.m.
Krlstlanlfjord ftergen 8 a.m.
"Kstrapno Havre S a.m.
Minnehaha LunrJon l p.m
Steamships to Arrive
DUB TODAY.
Name. From.
St. Anna Naples
DUE TUESDAY.
United States Copenhagen .
Mamp?lla .'. Naples
Steamships to Leave
Name-
Date.
.Sept. 14
.Sept. 17
.Sept. 18
Wheat
September De 'ember
May
Corn (new rlellvery)-
Open. Itlith.
. l.OSi I MM
L"5?l L'l"
i,i- 1. tit's
Ixjw
1 0.,
elare.
l.rc4
1 osj,
1 IS'.
Septemrer
December
May
O-tobur ..
OlttF-
Septcmher
December
May ,
Uinl
Sefitember
Ortober ..
Jnnunry .
n lbs
September October .
January .,
Pork-September
janunrv
7'i
Oil',
.lO.SS
7iH
47
'"S
rav.
ni
-'
101J
7i
7fP, 70U
rat t7o
72'4 72(,
10 S5 10.S0
17
411
St
. 0.00
.10 0.1
o.co
10.0.",
... :o .-.-.
n.rtiV; S5
io on 'io oi
Did. t Asked. tNomlnal.
.11.00 '11.50
..n.li tn.nB in !" in. so
..10.52 10.S210 02 10CO
17.2-,
.. 10.M) '10.87 l.y '10.77
Mrs. Wood and C. M. Bull Victors
NEW YOUK, Sept. 28. With tho unex
pected victorv of Mrs. Ilnwson Wood nnd
Charles M. Bull, Jr., In the final round
of tho mlNed doubles championship yes
terday on the clny courts of tho West
Side Tennis Club nt Forest litis. L. I.,
the tournament of the metropolitan ten
nis titles was brought to n successful
conclusion Mrs Wood nnd Hull defeated
Miss Clare Cassel and S. Howard Vo
sliell In the final round, two sets, to one,
by tho score of 5-7, 6-1. 7-5.
Big Entry List for Horse Show
NnW YORK. Sept. 2S.-The catnlo?
for the Piping flock Ilorso Show Is now
being made tip. It shows 570 entries,
fully 100 more than at any previous Hhow.
Tho nominations In many of the hunter
und jumper classes nre so Inrse that the
committee has decided to devote next
Thursday mornine to elimination trials
In five of thu classes in which the entries
nro the largest.
ChldBri
Vlrglnlc
N. Amsterdam.
New York
MMiretanla ...
Adriatic
Columbia
Philadelphia . .
Dura d'Aosta .
Mlntehaha ....
Cspnsne
Tor.
...Havre
. . . Hortleaux .
. ..Itotterdam
...Liverpool .
. . . Liverpool .
...Liverpool .
...c!l.i;;ow ..
...Liverpool ,
...Naples ....
. f.onr1on . . .
...Havre ....
Date.
. .Hcpt 28
. . Sept. 2S
..Sept. si
..Sept :io
...Sept .10
..Sept 30
. .0-t. .".
. .u.-t. ft
..Oct. 3
..Oct. 3
..Oct. 3
FREIGHTS AND CHARTERS
The unabated moderate demand for prompt
boats keeps tho sleam mirkct active and rates
steady. Chartering In th sail market Is at a.
standstill.
STEAMSHIPS
Sllngsby (Hr ). New York to picked ports
t r.itcd Kingdom, grain, 21.COO quarters, 2s.
.Id., prompt, option Trench Atlantic ports, 2a.
Od.
MulrfleM (Dr.). 20,000 quarters, same, from
Philadelphia.
Shakespeare (Ur.), flulf to Havre, grain.
23 frfHi iiuartnrs. 3. 4cstl October.
Karuma (Br.). Oulf t. plr-kel ports Unlt-d
Kingdom, grain, 3s.. option French Atlantic
ports, 3s. 3d., or Mediterranean ports. 3s. GJ..
prompt.
Hantanderlno (Span ), 1004 tons, transat
lantic trarle, one trip on time chnrter, basis
4t fir!., delivery Gulf, redelivery United King
dom prompt.
Nils (Nor ). 1101 tons, Trogreso to Mobile,
hemp, 10 cents, prompt.
Las-ell (Ani.i. 122T, tons coastwise trade,
ont round trip, private terms, prompt.
King Mwal fllr I 2.H0 tons. Virginia tc
Mnntevljei coal. l's. 01.. prompt.
Hlrgln (.Nor.). 1174 tons ICvItlmnre to Cu.ln
tannmo, coal, private terms, prompt.
Camilla (Nor ). 1K10 tons Ii.iltlmore to Ha
vann, roal, private terms, prompt.
Foreign steamer. Port rrhur Texas, to
four ports Australia, reftnerl petroleum, 150
000 cases, basis 22 cents one port, October.
Denn Heads Central A. A. XT.
CHICAGO. Sept 29.-C. A. Dean, of
tho Columbia Yncht Club, Chicago, was
elected president of the Central Asso
ciation of the Amateur Athletic Union at
a meeting held by that body recently.
Geortro A. Schneider. Cleveland A. C, nnd
n. T. Kedmond. Cincinnati A. F., were
elected vice presidents.
U.S.COMMERCE BOARD
WILL LOOK INTO THE
EMBARGO SITUATION
Makes All Coal Railroads
Parties lo Inquiry Into Re
ported D i s c r i m i n a tion
Against Shippers.
necatlsc complaints have been made
that certain coal-cnrrylnK railroads have
established embargoes that resulted In
discrimination aKalnst shljmers the In
terstate Commerce Commission has de
cided to Investigate the question of em
LarKocs Kenernliy and tho conditions un
der which they nre established. Ac
cordingly, all the railroads of the coun
try thnt carry coal will be mado parties
to the Inquiry, which will bcsln in Chi
cago on January 20, 1915, and from which
tho Commission hopes thete will result
the estalillBhment of a system of em-
barqo regulations.
The order of tho Commission covering;
the Inquiry follows:
"The subject of the rules, regulation!
and practices of common carriers by rail
havlnfi been brousht to the attention of
the Commission by informal complaints,
wherein It wus ullcsed that certain coaJ
toads established om bin goes which re
sulted In unjust discrimination against
shippers; and the Commission, as a con
vetjuencu, delrlng to Inform Itself gen
erally ns to the question of embargoes,
the conditions under which they are es
tablished, and the manner In which no
tice is given, with h view to prescribing
reasonable regulations for such em
bntxoes. "It Is ordered, that n proceeding of in
quiry and Investigation bu, nnd the samo
Is hereby Instituted Into and concerning
the subject of the rules, regulations and
practices of carriers In establishing em
bargoes. "It Is further ordered, that all common
carriers by rail, subject to tho act to
ropulnte commerce, be and thoy nre here
by made parties respondent to this pro
ceeding: that this proceeding bo set for
h'-nririgK at such times nnd places as tho
Commission hereafter shall designate
that tho parties respondent be required
to appear and testify or to produce
books, documents and papers aa the Com
mission shall deem necessary."
LARNED AND CLOTHIER WIN
Veterans Get Better of Little and
Pell in Noble Final. i,
Tho doubles title In the Invitation
tournament for the Huntingdon Valley
challenge cups was captured by the vet
erans, W. J. Clothier and Y. A. Lamed,
In straight sets from Theodore R. Pell
and It. D. Little, last yenr's winners,
on the club courts at Noble yesterday.
Scores, S to 6 and 6 to 3.
Larned and Clothier reached the final
round througli a victory over It. Evans
nnd C. B. Jennings yesterday morning,
the latter combination making the vet
erans work tho limit to win the second
and final cet. Little and Pell earned
thrlr places in the final round by reason
of victories over A. Thayer and Wallaca
Johnson and Doctor Dewhurst and Kich
ard Harts.
Fo mui-h yelling has been made about the
lelle-Kelley match, which was to have taken
placo nt the Kensington Club last Friday
nlsht, that Manager Keenan Is thlnklnc of
trvlnit to arrange another mafh between them
and insisting un forfeits being posted by each
man to weigh In under l.T, pounds. "Air"
Iunn Yelle manager says his boy Is a le
RltlmHte IlKbtweiKh' and can mnko a lower
weight than Krilj
srCis
USs&ai
s2S
fjr$55S - '
pllSSSrBisS:
$2,550, f. o. b, Detroit Seats Six
-"Nili
KicSS-.
ujirzzTrijsr Jjjxnif
The Car With a Thousand Charms
Forijet for the moment that the Limousine
described bells this year for $3,550 We are
facttifr new price standards in upper-class cars.
The time is past when luxury lovers need suf
fer over-tax.
The Famous Chassis
This is the new-model HUDSON Six-40
the latest production of Howard K. Coffm
America's foremot designer.
Mr. Coffin, with the 47 other engineers, has
devoted four years to this model. It is their
final conception of the ideal Six.
It excels in lightness, in economy, in beauty
and equipment In many ways it is the finest
example of the new-day quality ear.
And the sue is just right for ease of hand
ling, combined with ample room.
The Artistic Side
This Limousine body is built for us by fa
mons New England coach builders. Every de
tail shows the artist's touch
It is upholstered and trimmed in finest im
ported fabrics Sample books at your local
HUDSON showroom will offer you four op
tions The hardware is hard-rubber covered. That
is, dour handles, window hits etc The rear
doors In. K
There are all the dainty appointment toilet
rases smoking ca.es, electric liRht in the dome,
electric telephone to driver.
All the glass ts sapless Window and door
ignts may be dropped The sashlcss glass
Set ,r,Va FV ,s ai,Jus,eu '- ventilating
Roll ,1nWdows dml- aoors have ro11 curtains
Koll-up stonn curtains protect the front seati
t .if. I'81" ae cllaPMc, and one may
set them to face either front or rear
All This for $2,550
Here is i car which 11 widely considered the
prince of modern Sixes. I every part and &.
tail it denotes our level best
It come, with a Limousine body built by
masters of the art It i, luxurious ?o the l.t
,nvW,Jr ,hc fist lime baie of HUD-(?oCr,5i.y,-S3.oh,"h"1
d"' f "o-1
roomJ",dfff,enf,r 'ol,rs:lf-at your Hudson show
you des.re a"V P"Ce ffe" raore ha
Hudson
GOMERY-SCHWARTZ MOTOR CAR CO.. 253 North Broad St. Phi
IMMEDIATE DELIVERIES
1U11 'i'hone. nib.rt Zltl
Ke;tto,
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