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EVENING IiEDGER-PHIi:AB33i;PHlA WEDNESDAY, SEPTEMBER 30, IQia.
13
FINANCIAL AND COMMERCIAL SITUATION AT HOME AND ABROAD-MARKET REPORTS
STOCKHOLDERS WILL
LOSE EIGHT MILLION
' DOLLARS IN OCTOBER
Corporation Dividends Next
Month Will Be That
Much Smaller Because of
European War Influences.
Bccauee of tho European war, which
has forced maiiy corporations, In view
cf a stringency In general business, to
conserve their assets us much ns pos
sible, stockholders of railroad, Industrial
and utility corporations will receive dur
ing tho month beginning tomorrow a
total of $160,386,583 In Interest and divi
dend disbursements, as against $166,120,
653 paid out In the same month last year.
Dividend payments will be smaller than
last October by 'approximately $3,034,263.
This falling off Is due to tho action of
many companies In either passing their
dividends or reducing or deferring action
on them,
Of tho total disbursements to bo made,
Interest payments will aggregate 81.S00,
000 and dividends, $78,586,585. A summary
of the October dividends this year, com
pared with those of a year ago, as com
piled by the New York Journal of Com
merce, follows:
MM.
Railroads ?21,U58,iVU
1013.
$27,21)0.881
M, 077,877
7,747,01)5
Industrials 4.liAoa
Street railways 7..I14.KI5
Totals $78,550,680 $80,620,&&3
Figures rsvlsfil. (
Among the more Important changes Jn
dividends, as compared with the same
period a, year ago, were:
OMITTED.
American GhlpbulKIInc prolerred.
Aurora Electrla and Cabin common.
Csntral Coal and coks common.
Colorado and first preferred.
Cities' Service common.
Cities service prcrerisd.
Colorado and second preferred.
Dominion Steel Corporation.
International Harvester Corporation.
Mexican (Petroleum preferred.
worm mitts.
Itemlnrton Typewriter common,
Renubflc Iron And Steel rjrsfern
United States Caiit Iron Plpo preferred.
united Blates HmelttiiK and lloflnlng- common,
SMALLER PATMBNT8.
American Eapress.
Anaconda Copper,
EUstman Kodak. .
Nlplsslng- Mines.
New York Transit.
New York Btate Railways enmmon.
Southwestern I'enneylvanla Plpo Una.
Caoltal Traction.
Union Paclflo.
Tho complete record
made by Industrial
.months Is as follows:
of the payments
corporations by
lU.
$40.WC,S07
2S,IU8,:i45
:i(t.a.io,sio
47,M3,B(V)
23. 127.0IIO
30,7r7,;ioo
40,12,8llt
2.1.400,4:3
HO, 150,701
40,:ilO,K0
.$371,IM5,8C $3ai.724,730
27.aiU.UUl
.'I7.V27.MJO
IK13.
$5l,l)7;l,070
27.Ria.:l40
sO.KIS.MUO
M.87II.40H
2l,12t).:illO
aii.M2.irm
48.350.oa
liO.iliiJ.7JS
3fi,4M),Wlll
51.677.S77
$4UO,24U,2UO
January
February ....'.
March
April ..i ,
May ,
June
July
August
September ....
October ,
Totals
November
JDecember
Total for year
Figures rarlsad.
Following aro the combined steam rail
road and street -railway dividend pay
ments by months:
10t4. 1013.
January $4t, 12.1,00-1 $4I.M4,0(W
February 'Jl.Mi.njo Bi,bz.i.74u
March 2Ci.bJ.t,3H7 27..I24 !ti,8
April 4U.H47.4M 47,:iUfl,SO.I
May Kl.Wll.72l 10,104,221
June 17,244.770 liO.MU.WXl
Jsly 2S.030.021 48,SI,W
August :io.iw;'.;(i!) :u,rai.70T
Heiuember S."i.Tli),4H7 8u,s.hi,4Iii
October 3J.V71.47t) 35,042,070
., Totals
November
December
..$200,103,817
$3!3,3iil,23l
3H,4'.S04
11,507,21-J
Total for year fAl,iIJl,Utio
FINANCIAL BRIEFS
The third annual convention of the In
Tewtment Bankers' Association of America
has been called to convene In this city
on .Vovemlwr 12 and 13. Headquarters
will be at tho Bellevue-Stratford. George
W. Kondrlck. 3d, of this city, Is chairman
cf the convention committee.
During tho month of August the total
Sroductlon of tho Goldlleld Consolidated
illnej Company and tho Goldfleld Con
solidated Milling and Transportation Com
pany was 27,211 tone, from which resulted
net realization of $128,131.
Tonopah ore shipments lawt week were
10.710 tons, with nn estimated value of
1220,170.
Samuel Rea, president of the Pennsyl
vania Ilallroad, will not resign ns a
director of the .New York. New Haven
and Hartford Railroad. This statement
was made by officials of the Pennsyl
vania Itallroad toduy. OHlclals said
that some one had to look after the
Interests of the Pennsylvania In the New
Haven, and for this reason Mr. Ilea
would not resign. The resignation of four
directors of the New Haven at a special
meeting of the board yesterday raised
the belief thut Mr. Itea might take slm
liar action.
Announcement was made today by
President W. J. Brown, of the Maryland
end Pennsylvania Railroad, that the
company will not meet coupons due
October 1 on the Income bonds. There
are about $0,000 of tho Issue outstand
ing. Stockholders of the Northern Trust
Company of Chicago, at a special meet
ing, ratified the recommendation of the
directors to Increase the capital stock
from ll.6W.000 to $2,000.00). The new stock
l to be offered to holders of present
hares at par. The directors declared a
special cash dividend of 33 1-3 per cent,
out of the company's undivided profits
to holders of present shares. This amount
" t-'iual to the subscription price of the
new stock.
COMMERCE COMMISSION
APPROVES NEW MILEAGE RATE
Increase From 2 to 2i Cents a Milo
Will Becorao Effective Tomorrow.
The Interstate Commerce Commission,
not having notified the Pennsylvania
Railroad and tho Philadelphia and Read
ing Railway Company of any suspension
of tho proposed mlloaga book rate ad
vances, the new rates will automatically
beenmo effective tomorrow. The Commis
sion has nlven Its "tacit approval" to the
proposed Increases, but later It may direct
a general Inquiry to determine the causes.
Tho Increases will booBt the mileage
book rate from 3 to 2M. cents a mile, and
will rtfttot all of the railroads oast of
Pittsburgh and north of tho Potomao
River. In other words, travelers who now
get 1000-mile books for $20 will havo to pay,
tomorrow, $22.50 for tho same book. Tim
rate for tho 1000-mllo Interchangeable
book, which Is now $25, with a return of
$5 upon presentation of the book cover
after tho mileage haB been used, will t6
morrow be $25, with a rebate of only $2.60
upon return of book.
The railroads havo not yet mado appli
cation to tho commission for permission
to Increase their alnglo trip passenger
fates. Such a request had. been planned,
but the officials of the Eastern lines ap
parently figured that It would bo more
consistent to cwult the commission's ac
tion on tho proposed 5 per cont. freight
rate advances. A rehearing has been
granted the roads In this application. It
wilt bo held October 19 ut Washington.
It Is thegoneral feeling In railroad cir
cles that tho commission will see the
necessity for at least part of tho proposed
rate advances and that It will permit tho
enforcement of Increased tariffs. In that
event, If the Increases to bo granted shall
be In tho neighborhood fo tho 5 por cent,
asked for, there will probably bo dropped
the plan to boost revenue Income by
higher passenger fares.
Presidents and counsel of several East
ern railroads met In New York today
to plan for the reopening of the Eastern
rate case before tho Interstate Commerce
Commission on October 19. Witnesses will
probably be put on tho stand to de
scribe specifically how the European war
has created an emergency In American
railroad affairs, and to doscrlbo tho ef
forts the railroads have made to carry
out the suggestions of the commission
as to conserving net revenues. It Is
understood that President, Wlllard, of
tho Baltimore and Ohio, who opened tho
case originally for tho railroads, will
mako the opening statement at the forth
coming hearing.
"Western traffic officers, who expected
last week to file rate advances within
one month, now say it will require two
months.
Grain Exports ' Break Records
Exports of wheat and flour up to
Saturday night from the Atlantic coast
were, 23,000.000 bushels more than for the
corresponding period last year. The
total exports of wheat and flour from
Xorth America last year wore 267,000,000
bushels, so that a gain In thrco months
of 28,000.000 bushels would bea t a rato
of slightly over 100,000,000 bushels total
gain for the year, and If maintained
through tho season would point to total
exports of about 370,000,000 bushels.
LIVE STOCK QUOTATIONS
CHICAGO. (Sept. 30. HOOS Receipts. 20.000.
Markets 5 to 10c. lower. Mixed and butchers.
S.20B.20: Rood heavy, tS.70ei.un: rough It
Tf T
WHEAT OPENS WEAK
ON LOWER CABLES
AND FREE SELLING
1 4
Forjvard Movement of Al
lied rmies Expected to
Restrict Fresh Buying.
Liverpool Market Influenced.
CHICAGO, Sept, 30. Wheat oponrd
weak today on lower cables and fairly
free selling, Thore were resting com
. mission buying ordcrn at ilc. below
last night's close, or at $1.15 for May
and $1.03 for December. A number of
wire houses wcro purchasers. The mar
ket at Liverpool was off M'SW. on the
pi ogress of tho Allies In Franco. It Is
believed that tho forward 'movement of
the Allloa will restrict fresh buying.
Corn was easier on flho weather and
poor spoculatlva support Weather In
the West favors the curing of the crop
and the demand was limited. Tho re
ceipts of corn here today were 207 cars.
Tho market at Liverpool was Inclined
to go lower, Liberal shipments are ex
pected from Argentina this week. Tho
Russian crop Is ofltclally placed at 63,750,
000 bushels, against 72,791,000 bushols liyit
vcar.
Oats were weaker on fairly general com
mission selling. There wero quite a num
ber of resting commission buying orders
at tho decline. The Russian oats crop Is
placed at 1,036,490,000 bushels against
1,320,830,000 bushels last year. The receipts
of oats here today wero 332 cars.
Leading futures ranged as followe!
Yesterday's
Wheat-- Open. High. Low, close
September 1.WU4 l.ORH l.oiti LOOM
December 1,CH 1.08$ 1.07 l.Oll
May l.lf,i l.lrifo l.lltf 1.15
jom mow ueuvcryj
September 73
uecomoer .. utyi
lUft
May
Oats
September December
Mny
Lanl
September
October .,
January .
Ribs
September
October . .
Jnnuary .
porn
September
January 10.0."
1JM. tABked.
70fc
73'4
t70
4r.;i
48
01 i
"4
50H
ol
.r,2
0.03
O.R7 0.52
tO.M
0.68
O.07
10.40 flO.45
10.05
.... 12.10
.... lf.17
10.:i7T4'10.4O
.... '17.40
10.02 10.07
RAILROAD EARNINGS
DIVIDENDS DECLARED
Imptrlal Tobaccj Company, of Canada, re.
swr semiannual :i per tint, on preferred '"!
Ir cmt. on ordinary.
iimteJ ItalUuya ana Electric Company, IW
iirnoro, regular iuurtcri 50 i-enu u. thare
?, Co,nl"1. Iyabla tXlober 15 to Mock ut
Nror.l October a.
."""'jental I'nper JIbj l'oniian, regular
jiuarierly 11,4 per vent, on I'tefirrvi anil com
ruun. payable today.
.,?:'?". "uttonhole Machine Company. reguUr
?Hi e.r.ly ."1 'r int . International llutlun
ie alaclilue Company, regular ijuarterly 1
f..."m .and Kecce FoMln Machlue Corn
it P.y'nl.",?,,r quarterly X rer cent, all pixy-
uiooe-Wernicke Company, regular quarterly
' .?'. tn, " preferred. paabl October 15
n.7.l2k ".'. "orh September 29
t y'fi;'llddle Hardwaro Company, a quar-
iy.bid,,vSi,0, l " c,nt oa pr,"rreJ'
rim!.""' Ikawauna ' Wealern Coal
Mr.0.y "lular quarterlj i'K per cent pay
atI utob-r IS to retook of record October 1
fie-"j" 0,re''lor of tk cyinpiny ier r-
arSm,,,1 M"" Company. wUf aeml-
t"r il a f" c'ut on ff "ed. H Or-
Secur.tlea Corp -alin -iral. a quarterly
tVSn?0i.?, ,ryabl October 15 it stocu
- . nuiu9ar av.
heavy, 7.60S.IK)i lluht, 8.4(WM.0S; plsa. il
S.'JJ: bUIK. .0.11I.S. cattl,!. ltecelpts, 14.
Oi. Markets steady to 10c. lower. Iteevea,
7.23iril; cowe and heifers, S3.75SfU.30: atoclt
cr and fecdora, I0W.2O: Texana, 7.40S.fiO:
calvea. $9.Ri)ll.M. SHHEP Itecclpta, 4S.OOO.
Markets weak. Nntlva and Western, ?3.2.Vtf
B.75; lambs. $.VGOIj7.8.-.
PORT OF PHILADELPHIA
BUN AND TIDES.
Bun rises.... 3:49 a.m. Sun acts B:40 p.m.
PHILADELPHIA.
High water. 10:S5 a.m. I High ater.ll:10 p.m.
Low water.. fi:20n,m. Iiw water.. 3:40 p.m.
ItEBDV ISLAND.
High wuter, 7:11 a.m. High water. 1:01 p.m.
low unler.. 1:44a.m. 1 Low water.. S:U7 p.m.
IiRDAK'VVATnR.
High wattr. r,:'ina.m. I High water. 5:40 p.m.
Ljw water.. 11:22 n.m. I Low water. .11:31 p.m.
Vessels Arriving Today
Str. Start Point (Br.), London, merchandise,
Charles M. Taylor's Sons.
Btr. Joseph dl aiorjtlo (Nor.), Port Antonio,
fruit, Atlantic Fruit Company.
Str. Molina (Nor.), Port do Pali, logwood,
Galley, Davis & Co.
Str. Pawnee.. Illch. New York, merchandise.
Civile I.lne
.Schr. Hrlna P, Pendleton, Now York, bal
last, n, u, vumminn ft -o.
Steamships to Arrive
PASSENGER.
Name. Prom. Sailed.
Mongolian Glasgow Sept. 10
htampalla Naples ..Sept. 18
Merlon I.Ucrpool Hept, Hi
California Copenhagen ...Sept.
FREIGHT.
City of Durham Calcutta Sept. 1
jldyk Rotterdam ....Sept. 13
Man. Mariner Manchester ...Sect. 10
Adolfo Huelra Sept. 14
Murmfela Calcutta Sept.
Canadla Statanger Sept. 1.1
Zerenbergen CardllT Sent. 1H
Nanlk Mlddlesboro ...Sept. IS
Rapldan Lelth Hept. Ill
Missouri '-.IPdon Sent. '.--'
Iiakotan , Kilo Sept.
Crwmvlch , Nwcastle,N.H.8ept. 22
Wlnlalon Ht.Vincent.C.V.Sept. 17
ERIE
1014. Decrease.
Austust gross JS.lfW.T0fl $102,201
Operating Income 1,300,1S7 181,041)
Two months to Aug. 31
Gross rovenue $10,HOI..347 $2S0,00fl
Operating Income 2.75R.QGO II 1,8(10
NEW YORK, SUSQUEHANNA & WESTERN
August grosa $110,071 (20.1114
Oreratlng Income 70,438 'lS.irrf
Two months to Aug, 31
Gro revenuo $C04,7O4 $22,701
Operating income 142.217 13,.Vi8
PHILADELPHIA AND READING
August grosa (I.12I).31I3 $.100,711
Net 1,230,123 S0.841
From July 1
oso (7.081.103 (000.319
K 2,3(13,727 200,211
' ALARAMA GREAT SOUTHERN.
Third week September.. (S7.070 $0,312
July 1-September 31.... 1,17,1!15 18,301
CINCINNATI, NEW ORLEANS AND TEXAS
PACIFIC
Third week September.. (17S.M0 $23,0(1S
July 1-Septcmber 21..,. 2,21 1,73d 03,891
MOIIILE AND OHIO
Third week September.. $210,073 (10,010
July 1-Soptember 21.,,. 2,700.819 23,00'i
RIO GRANDE SOUTHERN
Third week September. . (11,100 (2,733
July 1-September 21 128,872 22,383
TOLEDO. ST. LOUIS AND WESTERN
1 11,1 ip wpwm ' I
Photo by Evans Studio.
WILLIAM A. LAW
Vice president of the First National
Bank, of this city, who is expected to
be elected president of the American
Bankers' Association at its forthcom
ing annual meeting in Richmond, Va.,
beginning October 12. Mr. Law is
now first vice president of the associa
tion and it is customary each year to
name the occupant of this office to
succeed the retiring president.
NEW HAVEN PROBE
MCES.RESIGMTION
OF FOUR DIRECTORS
Board Accepts Retirement of
William Rockefeller and
Others as Mellen Retakes
Witness Stand.
Third week September.. (00,838
July 1-Septcmber 21.... 1.097,ai5
.11UU1L.U Ar.u umu
(933
22.187
Man. Miller Manchester
CorrlstOD Foney ,
Bolborg Hartlepool .
Steamships to Xeave
PASSENGER.
Name. For.
Dominion T.lvorpool ...
Stampalla Naples
Merlon Llirrpnol ,..,
Mongolian Glasguw
Calllornla Copenhagen ,
FREIGHT.
tlranlenborg Copenhagen
West Polbt London
Canadla chrlstlanla ,
Oraclana I.titli
7.)IJyk Rotterdam ,,
Man. Mariner ,,, Manchester ,
Start Point London ...,,.
Missouri ..., !.ondon
Rapldan Leith ..,.,,,
Sept. 24
Sept. 23
Sept. 23
Date.
...Oct. 3
...Oct fl
...Oct, in
...Oct. 17
...Oct. lti
. .Sopt.
..Sept. 311
...Oct. 3
..Sept. Bu
...Oct. 3
...Oct 1U
...Oct 10
...Oct. 14
...Oct, Id
PORT OF NEW YORK
. Arriving Today
..".'e... From. Docked
United States Copenhagen 8 a. m.
DUB TODAY,
Name. Dale From
Stampalla ....Sept. 18 Naples
I)WB THURSDAY.
II Savola Sept. Ill Naples
Vaderland Sept. S3 Lh erpool
Steamships to Leave
Name.
New York
Mauretanla
Adriatic ,
Columbia
Philadelphia
Dual d'Aosts.,...
Minnehaha
Kspague
For.
..... I. h erpool
Liverpool
.... Liverpool
Glasgow .
... . l.ivorpool
..Naples ...
....London ..
,.... Havre ...
Date.
.Sept. 30
.Sept. 30
.Sept. 30
..Oct. 3
..Oct. 3
..Oct. 3
..Oct. 3
..Oct. 3
FREIGHTS AND CHARTERS
The .steamship market lias assumed a quieter
ton the demand or tonnage hjwlni a slight
decline. Ratta rtnwlned stvad ibe demanJ
tor sM tannage la etceedlngly light.
STKAMS1IIP3
Taunton (Nor.), New York to Scandinavian
ports, reltned pctroUum, SW barrels, private
terms, prompt.
Prosner III. (Nor ), 2&S0 tons, New York to
CtienhdEtn. gcntral aro. private lerms
prompt (not as previously reported).
Sominersiad (Nor ), V'iJ- tons. Gulf to Scan
dinavian i-orts. oil cake ut cotton, prhaie
(trnis. prompt.
Herrulea iDutth). 1372 tons, Fowsy to Phil,
ac'rlphla. china clay, private (emu. prompt.
rrom.es (Nor). Ml ton. Jamaica, to New
York or Stamford. Ct., logwood, private terms,
irooipt.
BAILING VKSSEIyS
Srhr. Karl Grey, 3T9 tons. IlrlJzewaip .
S to Cuba, lumber, fi north side, (3.u south
gchr. Carrie A.
to IVnce. I H , coal
schr Rrena P I'e
ilelihla to I'ulnt a I'etre, loal. DrlriU trm
tichr. J KdWird DroliC, 7K tons. PbluUil
pl.ta to Maiort. roal, private terms
S' br Vau Allen lioughton, 1WJ tons, mil.
adelpbla to U-stun. coal, private term.
S br Helta II" 1 373 'ona. Uulfp rt to Ma
tanaaj. lumber. (4.
Scbr Mark Pendleton. -5l tons. Mlraaou
i New York er SUtuXoid, logwood, jrlu
terms.
iJne 703 tans. I'hlUslpbla
coal, private tsrmj. v
I'endloton. SJl tuns. Poll.
August groa 1,0.14,142 (1,0(5), Wt
Net after tajtes 181,000 230,0.12
Two months' gross 2,133,04K 2,12S,n."Si
Net after taxes 411, HOI 471,788
SOUTHERN RAILWAY
August gross J.V-,Oir (3,737,181
Net after taxes 1,103.153 1,307.440
Two months' gross ll.SU'l.Hl.'! ll,27n,:m
Net after taxes 2.274.C24 2.022.72O
CANADIAN PACIFIC
August gross (0.017.7C3 (11,434,4m
Net 3.3tVI,l.V( :i.mu,140
Two months' gross 20,:iu:i,737 2:I.427,S22
Net 7,141,001 8,t77,029
ILLINOIS CENTRAL
August gross (3,84,1,331 (.1,(107,121
Net after taxed l,;iifl,-Ji;i iul,t03
Two months' gross 11,'.!41.473 ll.OSO.tC.)
Net after taxes 11,000.(0.1 l,7(i,2SS
DELAWARE AND HUDSON
July gross (I.IU7.294 $2,075,178
Net after taxes BUO.tHS 70l,l5
NEW YORK. ONTARIO AND WESTERN
August gros (1,000.700 (UW1.877
Net after taxes 301,070 Mtl.rJLI
Two months' gross 1,1V1,2U1 2,0O,ft74
Net after taxes 723,313 714,130
NEW YORK, Sept SO. With Charles S.
Mellen ngaln on the stand, tho Federal
Grand Jury today proceeded with ltn
probe Into the affairs of tho New York,
Now Haven and Hartford Railroad dur
ing the time Mellen was at tho head of
the 3ystem, It Is 'through this Investiga
tion that the Government expects to ob
tnln criminal Indictments against members
of the Board of Directors, declured to. be
responsible for the looting of the New
Haven.
' WUIlam Rockefeller, one. of the most
promlnont members of the board; George
K. Baker, Charles F. Brooder and James
8. Elton, have now severed their connec
tions with tho road. Their resignations
wore tendered and accepted nt a meeting
of the board as Mellen was before the
Grqnd Jury telling of tho operations of
the system.
There la no doubt that the Government
Intends 'to press the case to the limit.
Mellen refused all comment today, stat
ing the strictest admonitions of secrecy
had been Impussed upon him.
Counsel for the former head of tho rail
road system declared Mellen had gained
Immunity from prosecution In connection
wjth all transactions he had disclosed be
fore the Interbtate Commerce Commis
sion. Thx present Investigation, It Is
therefore understood. Is not directed at
Mellen, but at other directors the Gov
ernment hopes to reach through tho evi
dence that may be furnished by the for
mer president.
NEW YORK BUTS. NG EGGS
NEW YORK. Sept. 3d. Ilutter. steady;
receipt, 10,317 packages ; creamery, extra,
MHi'.IO'.ie: State dairy, tubs, 22K20c; Imltu.
tlon creamery, 24H2IHC
Eggs Firmer; receipts, 13,770 rases; near
by white, fancy. .'18H2c. ; mixed, 204i20c, ;
fresh, firsts, 2431c.
PHILADELPHIA MARKETS
GRAIN AND FLOUR
WIIKAT. Receipts, 234,872 bush. Market
weak and 1c. lower. Export demand less
active. Car lots, In export elevator No. 2,
red, spot and September, (1.07&1.12; No, 2,
red, Western. 1.1!1.1U; No. 1, Northern
Dululh. (1.1731. 22.
CORN.- Receipts, S008 bush. Trade dull
FRESH FRUITS
Trade fair and values
well sua-
n.r.llv
talned. Apples, per bbl. (Jravtnateln. (l.soft
2 23. Illush. tl.aiejS.CO, other good eating -rletles.
(l.SOD.'JS. medium, SKd.W. jppk-:.,
Delavvnro and Pennsylvania, per lumpei, liuj,
t-oc. I-emons per box, (.1. Pineapples, per
v,uir rurvu ivitu, i.-ju.i - lorwa. uuz.rtu.
and prices declined !Y-,c. Car lots for local t'r1n,,'e''l'. ''"Pe Cod, Early Hlaik. per bbl.,
trude, as to location No. 2. jellow, 83 4 f ,!''. cranberries, Cnie Cod, Early Black.
84c.t steamer, yellow, 83S3Hc. 'f. "?,"', l'5JI?vr.?nljcrr.1.,'!,i. '"'K Pr
)AT.-llecelnts. 78,o2 Ju.h. Market ' V,,"':. . J''S.?.--t ".h....h W".vS:
unsettled and l'.jc. lower with demand light.
No. 2. white, 821SQS3C. ; Matfdard, while,
DtvToic.; no. .1. vvntie, oivcnjc.
ri.OUlt Receipts. 2003 lihls.. 1.403.480
lbs n sacks. Demand light and priced weak.
Per 100 lbs. In wood Winter clear, (1 WW?
4 83, do., straight. (4.002)3.13: do., patent,
la.2,MT3 ft); Kansas, straight, Jute sacks. (3.LM
C-.): do., lament, lute sacks, J.VSOftfi.75
spring, first clear. (I.73WS. do., straight. 13.10
e.',.(n, do., patent. (V.VhffS 73: do., favorite
brands, (0SA..V). city mills, choice and fancy
patent, JiiiiO.M city mills, regular grades,
wlrter, lear, i.DMMM. do., straight. (4 Wit
CIS. do., patent. (3 .Ur.VfiO.
UYE n.Ol'll In light request, but
steady, at (3tiCM for nearby and Western In
woou.
Huckleberries, ner it 4iific. 1'eai-luu. vir.
glnla, per 20-lb. basket, 2.1330?., do. do., per
per ot
crate, 73c."fU1.23 do. Delaware and Maryland.
PROVISIONS
Tbera waa a light jobbing movement
and little change In rrlcas. City beef.
In eels, smoked and alr-drled, 31032c :
Western beer. In aets, smoked, DlejHtc. ;
city beef, knuckles and tenders, smoked and
str-drled, 32A34c; Western beef, knuckles and
tenders, smoked, 32fi34c ; beef hams. (4Utff43i
pork, foiiillv. 2M27; hams. S. P. cured,
loose, l:,mjlll,c ; do-, skinned, loose, 1SVU
ltlc; do , smoked, 18(10c . oilier hams,
smoked, city cured, as t brand and average,
isyluc; hams smoked. Western cure J IS11
luc . do. Milled, tionclets, I'KijV.io., picnic
t. cureu. iuoe. unisv,c ; ao ,
sinoktil. Httimc . bellies, in pickle, according
re. loose, luwmc, brtakfaet baenn.
ihoulderv. B
to ai.ras:e.
as to brand and average, city cured, 21f)23c
breakfast bonn Western tured 2Mi23e.: lard,
Western, refined, tletces, llijOIH.c , do., do.,
do. tubs. llViiUV . lard, pure city, kettle
rendered. In tierces, lUS?ll4c do. puro city,
kelile rendered, In tuba. lUittm.c.
SUGAR
but steadily
confectljners
per basket, 23t73c. , do., do., per crute. 7.1c. ii
,.-". i.rvr. .-.ew lurx unu x'ennsiivania,
per basket Large white or yellow, tfttolSc.:
medium, SO-tMO.;., peaches, Jersey, white or
yellow, per -baskt Uxtra large. Tannic,
medium, lOgcOc. Pears, nearby, per bbl.
Rartlett. No. 1. (483.50; do , No. 2, (2..10U'
3, Clapp's Favorite No. 1, (3 6OW4.50; do.,
No. 2. (2..Wt(.1. other varieties. (21. pears.
New York Peckel. per bbl., (4ff3: pears, Bart
lett or Seckcl. per bush. basket, (ltfl.73.
(liapes, New York Concord, per 8-lb. basket.
l!Q13r , do., per 1-lb. basket. S4fl(v. . Niagara
per 4-lb. basket 8fil0c ; pela wares, per 4-lb!
basket, 12613c.. grapes. Concord, tier crate.
40fi00c. Plums, per 8-lb basket. 2Vj-V.
Car.taloup. Colorado, per crate, (lei.KO; do ,
do., flats. XOfchOc Watermelons, Jersoy, ier
1(S). $10Q3.
VEGETABLES
White potatoes aulet and barely Mealy. Oth.
r, vegetables In fair demand at nu ted rates.
.h"v,po",I.oe",' P'r J'ush -Pennsylvania, SSrJ
ttlc. New York, fVOQASe., white potato, Jer
sey, per baskft. 3.Vtf-i0c ; sweet potatoes. Kasl
ern hhorc per bbl -No 1 (1.75i-'.3:.; No 2.
73c. fist sweet potatoes. N " per bbl N.
1. (lUtlS, .V. 5. 7flc.(I. .vveete. Jersey, per
bbl -No. 1, 42.50SV.73. No. s. (1 .'091 73,
sweets. Jersey per basket. 4Stjtc Onlofls.
per hush . 40..V)c do. choice. ir ltK).lb
batr. (1. do., melluni. per HiO-lb lag, 7!jmv
Cabbage, domeslic. per tons !12tjl4. Celery
pVrW..R.U.rkbaarket. SjE&l nS?- Uro-""'
POULTRY
l.IVi:. Quiet, but steady under moderate
vfferlngs Fowls, I8pl7c; plj roosters. I2y
1'lc ; aprltiR chickens, according to quality. t
ei7c; ducks. IStfiSc.; guineas, pec rlr.
young, weighing 2 lbs. and over apiece. 70.-
weighing I'itm, bs apiece. fOVOSo.: do..
do
weighing I lb. apiece. 30c;
ier pair. lTti'lsV.
olJ, fWc , plgeona.
KKFINKI) Market nulet.
r.tij oiandard granulated. II.MX:.. One granu
lateo. 11. ic . tiovvnerea h.c. .
A, 0.0.1c : soft grad(4, 3 IKkyil ftOc
DAIRY PRODUCTS
IlfTTKlt Trude quiet, but prices steadily
held un fancy stock. Medium trades weak.
Western fr.sh, solid-packed, creamery, fsney,
specials. !Ck , extra. 31c . extra Arsis, Sue.
(lists. 2-IV'i$2'.H,c.. seconds. 2Ca27lc. ladle
packed, 2lf23c . a to quality, nearby prints,
fancy. Mc : do . averaju. extra. 32uti3c; do.,
firsts. 200.11c. do., seconds. Wl&i Special
famy brands of prints Jobbing at 89IOc.
l-'ridK. t-ln lr..h mo u.ll I.M. u
-T -.- . - - .. bb .. .TBI1 U BD . ,. l. ..
anj steady, imt unattrtllve a(ock dull and "'ning a lbs. apl.e. ITSIHc : welghln
JT.. ...........'!'" e.1'".- ,.lc- Pr I nii.1,.1 iii V 'i.i7.. w .." ,IIS. dry
w. Hi.twi men, e1...- per sianaara caae; tllr-.i- ..-' ..wv" .nicnens noarby
nearby current receipts. (7 2(HT .11 ,,r ,t,nd: M1,''n( i'ir?.8. R ?;,1.c'- ?Hi22c do talr
DltKSSIJI). Demand fair for line desirable
sited stock, values of which well sustained.
Freah-klliftl fowls. Western, per lb. selected
beuvy. 2HiC . fancy, weighing mj it,
npleie. 2Hc . welrhln 4 lbs anle.e ?n .
n. t
ROAD JURY AWARDS
IN THE NORTHEAST
DISTRICT OP CITY
Kensington and Lehigh Ave
nue Changes of Grade Due
to Abolition of Railroad
Crossings.
In a. report filed this month Horace
Yardley, WUIlam It. Dougherty and Jamen
Johnspn, viewers, awarded damages
catiBod by the chance of grade In the
abolition of grade crossings on line of
tho Philadelphia and Heading Hallway
Company, Richmond Drancli, as affecting
the following streets:
Kensington avenue, between Harold and
Doudtnot streets; Lehigh avenuo, between
Jasper and A strceUi, Onkdale and Al
bert streets, between Kensington avenuo
and Jasper streot: Tusculum street, be
tween Kensington avenue and Ituth
street, and Potter street, between Lehigh
nvenue and Huntingdon street.
Tho change of grade of Kensington ave
nuo at Lehigh avenue was approximately
eight feet six Inches on tho south side
and ten feet on the north side; the grades
of all Intersecting streets being ndjusted
to conform to this grade. It ran out at
2603 Kensington avenue to the south and
at 2745 Kensington avenue to the north.
DAMAGES CAREFULLY CONSID
ERED. The viewers In making awards took
Into consideration that the physical work
was begun during the years 1912 and 1913,
and the delay Incident thereto, also that
In making excavations rock was found
in many Instances and had not been pro
vided for In owner's testimony. This, of
course, doubled the cost of excavating In
adjusting the properties to new condi
tions. AWAHDS ON KENSINGTON AVENUK
70 propel ties (204.032.riO
1 no damago
1 do (tenant's claim).
LEHiail AVENUE
3t properties 30,403.00
ALBERT STREET
1 property 50.00
OAKDALU STREET
8 properties 2, 003.00
2 no damage.
TUSCULUSI STREET
18 properties 11.115.00
POTTER STREET
11 properties 4,02000
1 no damage.
One hundred and fifty-six properties'
were considered, and the total award
was (271.674,60. Taken as a whole, tho
award seems ns fair to both Bides as
may be, when It Is considered tliHt los3
of rental and loss of business cannot 1
be regarded as such.
In the caseB where no damage was
given six properties showed only a ranga
In change of grado from one-eighth of
an Inch on one line to zero on the other
to one and seven-eighths Inches on one
line to zero on the other. One clnlm
was that of a tenant who had a yearly
lease, and tho case of the Episcopal Hos
pital, ivhere only the adjustment of the
stone wall and Iron fenco on same, to
gether with relaying pavements and re
setting curb, was afckod. This has been
done in tho best way possible by the
city.
DAMAGE IN SMALL GRADES.
, In regard to the properties mentioned
with less than two Inches of grade, the
viewers have usually given something,
and it would seem that owners should
recover. Real estate mon, except In 3
few Instances, arc united In the belief
that there are damages even beyond the
grade to a point tlxed by a well-known
broker, who testifies In a large propor
tion of cases "a point where, standing
on the front steps, tho grade Is plainly
visible." In Tioga and other sections
heavy loss of rental, both during the work
and a long time after, and the fact that
old rents do not as a rule "come back
within a short time," as alleged by ex
perts called for the city, clearly goes to
sustain the position that owners are en
titled to damage.
CONDITIONS BETTER.
Wheie a row of properties are in one
ownership and are adjusted together, a
decidedly better condition Is Immediately
manifest, as can be seen in properties
covered by this award, 2603 to 2630, In
clusive, Kensington avenue. These prop
erties have been adjusted at one time
by the Handy estates and look extremoly
well. In a scattered ownership and a
sharp drop at the end of the street, with
some owners making tho change even
before the award Is paid, and others al
lowing the unsightly temporary wooden
steps to stand for a long time, so that
an unsettled condition spoils tho street,
buyers and renters are not keen to get
Into the locality.
This Is very apparent on Frankford
avenue, north and south of Lehigh ave
nue, and will also be seen In the section
under consideration.
ANOTHER REPORT SOON.
Testimony has been heard by this Jury
also on C stieet, Tusculum street.
FRENCH BUSINESS BETTER,
MORATORIUM S MODIFIED
Bordeaux Informs Embassy of Com
mercial Improvement,
WASHINGTON, Sept SO.-Tho Forolgn
Office at Bordeaux today Informed the
French Embassy here that business con
ditions wero Improving In France, anil
under the new decree of moratorium two
thirds of any account held by a mer
chant or manufacturer In n bank may be
withdrawn, Tho cablegram read:
"Tho decree of the French Government
dated yesterday In regard to tho morator
ium Incrrnses 'the limit to which mer
chants nnd manufacture may draw on
their accounts to two-thirds of their ac
count m balanced on August 4, the date
of thi moratorium. I call your attention
to thlB disposition, which will facilitate
the economic and Industrial condition."
HOPPE PASSES INMAiM
American Player Now Leads in In
ternational Billiard Match.
NEW YORK, Sept 30.-The first two
block of balk lino play yesterday after
noon and evening In the International
billiard match at tho Hotel Astor served
or a vehicle for William Hoppe to catch
and pas Melbourne Inman, the chnm
pton of English billiards. Hoppo beat
Inman by 10000 points to 295 on tho day's
play, scoring 600 to 107 In the afternoon
and BOO to 183 at night. That mado the
grand total score In Hoppo's favor 1301
to 697.
Hoppe went Into the lead at the bpgln
Ing of the afternoon block and steadily
Increased his advantage until he moved
Into the front on the grand total of
points. The Amcrlcnn finished the ses
sion with COO to 107 for the Briton. This
forced Inman to tho renr on the total
number of points, with 709. while Hoppe
brought his score up to SOI. The aver
age made by Hoppo In the afternoon was
29 7-17, with high runs of 102, 76 and
51, while Inman averaged 6 5-17, with
high runs of 20, 16 and 15.
STATJB FAILED TO LAST
NORRISTOWN, Sept. M.-An unex
pected reversal of form by Willie Staub.
of Norrlstown, In tho seventh round of
the wlnd-up at the weekly show of th"
Palace A. C. here last night caused the
tefcrce to stop the bout to save him
from further punishment. Opposed to
Johnny Ferguson, of Philadelphia, Staub
had somewhnt the better of a series of
slashing exchanges and was entitled to
the verdict at the end of five rounds.
The Blxth, however. wa3 a different
story. Ferguson began matters by drop
ping hlo opponent to the canvas for tho
count of nine. The latter struggled to
his feet and managed to hold on until
near the end of tho round, whtjn he was
again deposited on the floor by one of
Ferguson's punches, but the bell cam"
to his rescue. Seeing that his minute's
rest had failed to have a recuperating
effect on Staub, and that It was but a
question of time before the end would
come, the referee stopped between the
flphters and declared Ferguson the
winner.
Domlnlck Tollerlnn, of Norrlstown,
made up for his fellow townsman's short
comings by getting the better of t4"
Stinger, of Philadelphia, In the sftp-wlnd-up.
The prellmlnares resultedMfts
follows: Batting Hudson got the deci
sion over Eddie Clark, and Harry Davis
bested Eddie Russell.
Caledonians Resign From League
NEWARK, Sept. 30. Becaus.i of the
withdrawal of the Caledonians of this
city, the National Football League will
bo forced to start the season with but
nine clubs. The season Is to be opened
on October 4 and tho final games will
be played February 2S. The Brooklyn
Celtics were after a berth In the league,
but owing to the Caledonians' tardy resig
nation were not admitted. Tho Cultlcs
have since signified their Intention of
Joining tho Now York State League.
Frank Chance Beaches Chicago
CHICAGO. Sept. 30.-Frank Chance, the
recently deposed manager of the New
York Americans, reached this city yes
terday on his automobile Journey acioss
tho Continent to his home In California.
He will stay here for a few days and will
then continue his trip.
ROPED ARENA NOTES
"Jimmy" Murray, tho UKgreasive New York
boxer, has marie a hit vvlth the patrons ,f
boxing In this city throuKh hi aKgrnslve,
'"P.'H .W, f "' bo1" Murray li to repeat
with "Willie" Mac at the National Futur
day night.
At Norrlstown last night, Referee "Lew"
lialley attippe 1 the content between "Wlllla"
Htroub and "Danny" Ferguson In the seventh
round of a scheduled ten round bout. Strnub
wa, floored rive tlmee. the bell avlng him in
the elxth. potnlnlc Poleralne. of Nirlton
had all the better of "Lew" Stinger, of this
city, In all round. "Hilly ' CUrk of Man
nyunk. aa defeated b ''Hnttllnn" Hudson,
of the same place, and Harry Davis vv.m from
"Ioumk Itunel.
THE GOLFERS' AFTERMATH
In the mixed foureomes. which were plavel
after the women's championship was concluded
at Olen Cove lu.t neek. Mr. and Mrs. K. H.
Filler wer tied for tlrst plate with another
'.'.lr" JA ,n l,'-':,"f 'or the trophy Mr and
Mrs. ritler wero tho victor?.
I.. M Washburn, of the Merlon i'rUki
nuh. nm to have C 11. Wthster'a tout.
.....i ... . ... ...,. r, jr. .iir. vventior is a
gidfer of cnnal lerablo ability and one of the
i verv best of our local stars, but Hit. v.iunw
. man front Princeton und Mmon has met film
three times and has defeated him on each
caslon. The first time was In the Interc.ille
Biates. the second a at the annual Invitation
tournament of the Philadelphia i'rlrko( v'luh
Sterner street, nnd on the, TlrnmW " 'i.".T V.". "'"" ?" V -1 "". .'Ourna-
. . ...- . ...,.., j nivii, ., .,., u rtiiuiMiriF o me old aid
Mill, corner of Lehigh avenue and 11
street. Awards will be embodied In the
next report.
The city of Philadelphia and the Phil- '
adclphia und Reading lUlluuy Com
pany have agreed to waive an appeal on
the properties contained In this report. '
and up to this date only one appeal has
been entered by an owner. On October
5, being 30 days after filing the report, '
said awards may b confirmed nbs.o, j
lutely by the Court of Common Pleas i
No. 1.
NOTES UF THE STHEKT. I
The transfers thus far for tho week j
show most activity In West Philadelphia
and In the northwest section. I
that say 'Three times nnl out. Mr. Wash.
I'urn is anout que wr a defeat when he and
Webster hoo up again.
TEN THOUSAND FIRES
IN THIS STATE DUE
TO CARELESSNESS
So Fire Marshal Reports
Alter Investigating Causes J
of 16,500 in Two Years.
Warns Housekeepers.
Now that fall houscclcanlng is under"
way and paper nnd rubbish Is being
thrown around tho house Indiscriminately,
the Pennsylvania State Fire Marshal's
offlco considers It an opportune time to
call general attention to the dangers of
such practices.
Tho department In tho last two years
has Investigated the causes of more than
16,000 fires In Pennsylvania. It makes
tho assertion, In a statement Just Is
sued, that of this total 60 per cent., or
nearly 10,000, of theso fires were duo
"entirely to carelessness."
Accordingly, the Fire Marshal lias di
rected his deputies and the first officials
In tho various municipalities in this Stale
to nt once begin a "safety first" cam
paign. One of tho department's sugges
tions is that tho 1,332,251 school chlldropr
In the State be taught the chemistry of .
tire as well ns Instructed In lire drill! 4g)
Tho Fire Sfnrshal says:
Tho work of fire tlghtln can be materially
IcMeneu ijj worKing ror tire prevention Mora
attention amr tore should be given to the. con
struction and material used In new buildings
na-
atlentlon ami tore should be given to the. coil-
nnd the removal of old nnd dilapidated nulla
and
menace to
InKS, which are tire traps
otner property.
In this work every one, whether he belong
to a Are eomp.iny or not, should be Interested,
md by hla example and efforts encourage the
neighbors and others In 'he work. Individual
numbers or associations formed by the moun
ters of fire companies should make frequent
examinations and become thoroughly familiar
with the construction of buildings in their re
spective districts, and whenever or wherever
buildings are found especially liable, to Are and
are so situated us to endanger other property,
or where ony trash or rubbish has been allowed
to mcumtiUte In or about buildings, which by
Its InHammable nature might caus lire, then
either by persuasion of tho Individual or as
sociation or by reimrtlng to the proper au
thorities, sco that the same Is removed or de
al royed.
In this way many causes of fires will u
eliminated and consequently there will be a
saving of property. Let fire prevention start
with a general cleaning up and a destruction
or removal of all flro breeding material and
tin advocating of better construction in build
ings. A movement Is under way to organize
a new casualty company In Philadelphia
and the promoters arc endeavoring to
Inteiest bank officials.
The Ponn Mutual Life has allotted an
Increase In dividends for 1014 above tho
customary gain for advanced age. which
will give an lncreai-e in dividends to
policyholders of from ll'j to 13 per cent,
over last yar.
The Zurich General Accident and Lia
bility Insurnnce Company has Just ap
pointed tho ofllce of Charles E. Mother aa
managers for Philadelphia and vicinity.
O'Keefe Draws With Bums
POTTSVILLE, Pa, Sept, '!0 -An Injury
to his hand In tho oventh round, pre
vented Tommy o'Koufe, of Philadelphia,
from getting the doclklon over Frankln
Hums, of Wilkes-Hart. In a ten-round
bout hero lust night. The tight was de
clared a draw. O'Keefe led all the way
during the tlrst six rounds, but after his
mishap In tlw toventh was forevtt to
fight on the defensive
New Record for Anna Bradford
I'UI.VMIH'S, O. tiept 30 Another rec
ord was broken bv Anna Bradford, when
In the fnal h,it of tlu American Horse
Hreederfe' Tutunty lure yesterday shei
I.i-vven-d the S-ai-old pacing record to
2 00. The tonnor r, cord of 2 Ol'.j was
alto held by Anna Bradford, being mads
at the races hen- a wek ago
. tw, n, ii. ursi 9 iu per rajs. ..,. . ' --""- ,,i),, ,1 esiern 4 iba-Jf-ju
' "WttT.50 per mw do.. Mcoadi I L;T'r,1a''.1,v;rJ,l?. h. ." -W
liLCMOlXi per tas. land wl and reoratel I V.Su. iii Am ,1".".!. 'blckens, Western.
Wh g vv.re Jobped out at Mail. pV i", liAfi?? iMZ,lh?2 xtfli: & ''r aood!
as to qjallty ' I 'Jfl'X 4ub. P" o , white. fgblnV li
CJJKfchK. -Offering, moder.t. and v.lu.a $lU bifrdo &?Si?S' t."" Sln!
steady, but trad nulw New York. full.erii 1 I'.ll ,t:.pSr..'1':i S?JM P t).U.w sblnc
'Wsaflfc? i&$j&&&tej&&
, M iSfcl I I itf II b. . K. .. tm
In the Sheriff's sales advertised for
Octobr 5. West Philadelphia and the
southwest section have one-third more
properties than the rest of the list, wtilc'i
Is widely scattered
Seventeen properties wero sold, Nos. 2S
to 10 South ISth street, and 30-M-27 to 11
.South Fallon street, by Frederick C.
Michaelsou to C. Clement Ely. They ar
two-story dwellings. The market has de
cidedly a tlrmer tone, and is broadening.
LBSSun.
AFTER FOREIGN TRADE
Plans are being made by Independent
steel manufacturers In the inttmrgh.
Wheeling and Youngstown districts, aided
b the Unite! States Steel Corporation,
for the establishment of g&'Hnf utnoiM
Jn even country where budattj y tg
In steel products In a quantity that "will
Justify the expenditure.
THE MONEY MARKET
rhlladelph!
New Vttfic
Boaton . .
Chicago
1. ....... B
....... ..... B
. I
Call.
Time
ai
The Strength of the
Corn Exchange National
Bank Philadelphia
lies in the firm hold it has on
the many substantial business
houses that deposit here.
Our Savings Department
offers an opportunity to
young men to establish busi
ness friendships with a large
commercial bank friend
ships that may help them
when they start in business
or desire to make personal
investments.
3 Interest Paid on Savings Accounts
Two eels' notice to draw
Chestnut St. at Second
itss
rtr
DE PALMA AT TRENTON
Noted Automobile Driver to Tnka. - TJUr-
Prtrt in Contests There.
TRCNTOX, X. J., Sept. 30 The auto
mobile meet at the Trenton Interstate
Fair, Friday, promises to be ono of tho
best ever run on a half-mile track. With,
cars of dllferent makes entered and a
number of famous drivers the day will'
be one of the best of the week.
Ilalph de Palma, the "king of speed
ers," will, undoubtedly, be the centre oC
attraction. He is the only man In auto
mobile history who has won two Elgin
national races, two Vanderbllt and two
Cobo Trophy races. He was the dirt-road
champion In IMS. 1K9, 1910 and 1312 and is
now Hading for the road-racing cham
pionship in 19H. Jinny drivers, envious
of his record, will push him to the limit
for the honors uf the day. His fast Mer
cedes has been shipped from Kalamazoo
to Trenton. Raymond H. Brown will hav
tho Isotta-Fraschini. This car, which Is of
Italian make. Is the largest entered and
has a piston displacement of 000 Inches.
Tho smallest car In piston displacement,
but one of the fastest on thn program, will
be driven by Jack IOaln. This Uaby
Chevrolet led tho 100-mile race nt Brighton
Ileach until it was forced to withdraw an
account of a mishap. The fearless I-e-Caln
Is considered ono of Vv Palma's most
dangerous rivals.
I
1
f
1 r ifiisssi 1