ViNpfdAL
MPllOVMIUtlT IN THE
MONETARY SITUATION
REFLECTS STRENGTH
Better Position of the Banks,
Influenced Largely by
Gold Pool Operation,
Helps Maintain Confidence
The most Importnnt favornble develop
ment In the domcHtlc monetnry sltuntlon,
reflected In Inst Saturday's hnnlt state
ment, Is tho fact Hint tho prnctlco of
money honrdlnB. which linn hern rhnrstd
sgalnut tho Individuals and Institutions
In some of the Interior sections, Is abat
ing:. This deduction Is based tin the fact
tlmt, although the N'ew Yorlc bnnlo
elncc the beginning rtf September have
exported practically JO.OCO.O'W In sold to
Canada, to ho precise ?25,!112,G2I, the tmnlts
and nssoclntcfl In the New York clearing
houses hnvo been able to reduce the de
ficit below the legal surplus reserve re
quirements about 130,000,000 or from $47,
000,000 or thereabouts to. $17,080,630, The
total reduction of loans of the clearing
institutions last week wan $?t,090,S0Q. The
.banks now hold, In comparison with n
surplus reserve ot tills time a year ngo,
how only J23,581M less reserve.
The gain In sold, established by tho
Clearing House membeis. Is to nn ex
, tent due to new production of this metal,
but tho real feature of the situation Is
the moro confident feeling throughout
tho country, duo to tho energy with
which bankers and business men arc ris
ing to the present unprecedented finan
cial conditions and are nurmountlng
them.
Of the gold exports to Cannda, the
Ereator part wns on account of the N'ew
York city obligations and the operations
of tho JtOO,000,000 gold pool. Up to tho
present tlmo theso operations have been
only partially reflected In the foreign
exchange market, but according to ex
perts It Is only a question of time when
they will force a lower level In ,tho ex
changes, Such reaction as has taken
place of late has been chiefly duo to In
creasing exports of grain. Iron nnd steel,
and to u less extent of cotton nnd other
commodities.
It Is estimated that within the last
few weeks the foreign exchange credit
to this country has been established at
fully JIOO.OOO.OOO.
There has been but little chunge In the
local money market ns to actual rates,
and tho fi per cent, call figure Is still ex
ceptional. It Is to be noted, however,
that there Is beginning to appear a ten
dency toward eaBler conditions. Finan
cial sentiment Is encouraging over the
prospect that the practical operations of
the Federal reserve banks will soon bring
additional strength toward the Improve
ment In the monetary situation. There
cnulit bo no better indication of this
change for tho better than the return of
individuals and bankers to a moro confi
dent nnd reasonable procedure In regard
to tho employment of their funds. At tho
present ratio of decrease it would not ap
. pear extreme to predict that within the
knext two weeks, or certainly before the
end of the present month, the Now York
. learing Ttouso nssoclajcs will again show
surplus reserve.
FINANCIAL BRIEFS
Announcement was mndc in New York
today that tho remaining Sl,6SI,O0Q 5 per
cent, three-year notes of tho Federal
Sugar Refining Company falling due No
vember 1 will be paid off with cash. Tho
original Issue amounted to Ji,500,00i), ot
whlrh $700,000 were taken some time ago
with new three-year notes, dated May
1, 1911. and tho balance bought and can
celed.
Owing to Its inability to secure raw
I material from Japnn and Chine, due to
I the war. It wns announced by the Penn
sylvania Silk Spinning Company, at Ta
maqun, Pa., that the mill will he com
pelled to suspend operations for an In
definite period.
Alba B. Johnson, president of tho Bald.
win locomotive Works, In an address on
"Trade Conditions In the I'nlted States,"
before the Harrlsburg Chamber of Com
merce, ascribed tho present itenresaoil ran.
ditlon of business to the attitude of the
Interstate Commerce Commission towards
the railroads and the manufacturing bus-
jness dependent on tho railroads; to the
American scale of living and to the new
tariff law.
The price of lead was reduced by the
American Smelting and Itoflnlng Com
pany today from 3.75 to 3.00 cents.
New York banks gained from the Sub
tleasury yesterday $121,000, and since
Friday $341,434.
There was withdrawn from the New
York SubtreasurJ- Jiwymo gold coin for
shipment to Canada,
The works of the Amrlran kii
(foundries Company nt Franklin. ta
will be closed tomorrow for an indefi
nite period.
Horace K. Smith, of Charles Smith
Sons, has returned from a trip to -Europe.
He was In hU office today.
I John F. Cochrane, City Controller of
uuiiiuo, win receive sealed bids until
noon October 15 for the following 4H
per cent, semiannual bonds: $03W3 CO
ytar sawer. $40,000 30-year, $1 350,000 20
year school and $370,) 5-year street.
RAILROAD EARNINGS
TEXAS AND
PACIFIC
1014. Ilecrcaee.
urth week September. $!CS,HI
H2il.ni A
los.'.m
110.9 It
LINKS.
Ti.:i.V
4tt).."47
s.':,7(V
"v..,,, ui nppiemoer. ... i.4:i,'.'.1t
From July 1 4.H2I.77U
COI.OIUDO ANU BOCTIIKIIN'
Fourth week September. ISU..11!)
Irom July 1 3.441.2 .11
PouriK WBSTERN PAL-JFK'.
,,?!"" w'ck September. MS7..V10
Jroni July 1 J.flOS.SOO
S1.I.NAJ
Af IIJSO.V, TOJ'KKA ANU SANTA PR
Net LIS"'- "" -UI. tU70 3.:'W.4n2
UaUnu-e after dim.. . . 2.7M.SJ3 a.S&'IsW
NOIIKOI.K AND WESTUIIN.
K-rtT. p,r r" 3.wuo.ni jis.sai
'0 moil'hl' ,m. r. T T-li ...J
i-ome
I7t..in
mon'h'
. . - -,-.. . I-,....
nnm.
T2.ll.iil
SS.0S2
Jlli'Uus
1.S2U.U23
SUUTHERN R.MIAVAY.
J-ourth wel. spiinU-r 1.77l.:i:w
Pnih 3..I.I11 Ki7
trvoi Juij- 1 lU.OI3..i:tl
6 inn, 22 s
-ilUI.302
a37.wi.i
DIVIDENDS DECLARED
HftirijM VV..Itrnv i. . ...
utar auart.ru :rC."w,:ur."?l..'u??'
atlo
Ml
n&l&2iijlh'
t'.'ny
an lo4 "lkII" K"' L' !Z u&
"k! hi,-,.
Naiurv v '"('n
."t . Mer' 1
rvxuU
er 20 t.j
r- ,1 irr, -1 . , 14 XT-
I ?--,r1. ' '" r-uir tit
e-r-r 1 . .,' ".' ' ' - I vttl-i N,-
f
M.J Wl'.' I'
ANDOMMMciATsiTUATraONAT HOME AND ABROAD-MARKET REPORTS
CHICAGO WHEAT LIGHT,
PRICES ARE A LITTLE FIRMER
Continued Pressure of Export Orders
Principal Sustaining Influence.
CHICAGO, Oct. 6,-Tratlo In wheat was
light this morning, but prices were a
Utile firmer. The continued pressure of
export orders In the market Is the prin
cipal sustaining Influence, but the In
fluenre of large receipts nnd the lack of
outslilo demand, as well ns liquidation
of outstanding long accounts, are' ob
stacles In the way of a concerted bull
movement. The receipts of wheat at
Minneapolis nnd Duluth today were 963
caw against CCO cars n year ago; at
lnnlpeg P56 cars against 1219 cars; at
I hlcngn 308 enrs ngnlnst !2 enrs.
Dealings In corn were light nnd the
market wns easier. Prices at Liverpool
also were lower with free plate offers.
The demand for the cash article here wa
poor. There were Indications of hedg
ing sales against the new crop. Tho re
ceipts today were 218 cars,
Oofs slow, with trading scattered. He-
ceipts ncre today were 745 cars,
t.fjidlns futures ranged, ns follona
Yesterday's
Wheat- open.
iWfmbn l.iiti
May ..; t.K.lJ
lllnh.
1.fmi
1.10
now. riose.
i.ir.mi.ir.14
l).'rpmtip
.uru ir.pw delivery)
7 fi74
70 70(,
May
. Oat-i
December
Mnv
7041
4911
.! 'i
n.no
n..v.
11.77
MfJi
W
I.ard
O.tohPr
November . . . .
.Innunry
ltll.s-
Oetoher
.Innunry
. Pork
January Did. tAsked.
n.on
tn.n2
UK
f.7r.
10..V1
tio.os
..10.00
..10.10
10.00
ln.io
0 fi
ts R7 tin.17
PUBLIC UTILITIES
Consumers' Power Company, of Michi
gan, operated by a local bonding firm,
reports nn Increaso of 13.3 per cent, in
gross earnings for August; n decreaso of
9 per cent. In operating expenses, nnd a
consequent gain for tho month of 49.3
pet cent. In net Income, an unusually good
showing: surplus for August Incrcnscd
157.3 per cent. For tho 12 months' period
ended August 31 gross gained 10.5 per
cent.; net, 2," per cent.; surplus, 29.B per
cent., and balance, nfter preferred stock
dividends totaling 310,050, gained 40.3 per
cent.
Notices have been sent to shareholders
of the Cleveland Hallway Company of a
call for $2,332,770 of new money through
the sale of stock to take care of street
railway Improvements extending to tho
end of next year. In connection iflth the
recent application by tho railway com
pany to Issue slightly over Jl.000,000 this
second call makes a total of about J.1,100,-
000 new cash asked by the company to
pay floating debt incurred by this year's
expenditures nnd for next year's require
ments. The Ohio Court of Appeals has rendered
an opinion in the gas case rate of the
city of Newark against the Newark Na
tural Gas and Fuel Company In favor of
tho city, In which the gas company was
enjoined In advancing the rate from 18 to
23 cents.
Application for the appointment of re
ceivers for the. Northern Electric Rail
way Company, a traction system oper
ating In tho Sacramento Valley, was
made In the United States District Court
ot San Francisco by the General Ftn.llwnv
Signal Company. In replying to tho ap
plication the Northern Electric Company
admitted that It could not meet obliga
tions of $1,100 000 and Joined In tho pe
tition for a receivership. The Northern
Elertrlc system comprises 144 mllee of
track, nnd with It are nmilated several
connecting lines. Its president is leon
'SIiiss, ot San Francisco.
GETTING READY TO ARGUE
FOR RAILROAD FREIGHT RAISE
All Classes of Investors Will Urge
Government Sanction to Increases.
Tho committee appointed by the In
vestment Hankers' Association to appear
before the Interstate Commerce Commis
sion In support of the railroads when the
Eastern freight rate caso Is reopened on
October 10 has not ns yt agreed on any
plan of action, It Is understood, but de
talls of the argument which the com
mittee will put before the Commission are
being worked out. A meeting ot the full
committee will be held shortly In New
York. In addition to the support of the bank
ers, the railroads will also be nlded In
their fight for higher freight rates by
largo Insurance companies, universities.
hospitals, schools and charitable organiza
tions which hold railroad securities. It
Is understood that tho individual Investors
will also put In a plea for the rnllroadfl.
The Investment of Insurance companies
of the United States in stocks and bonds
Is Understood to be about $2,500,000,000.
SEALERS OF WEIGHT'S OFFICE
REPORTS 144,429 INSPECTION
32,283Scales and Measures Con
demned During1 First Six Months.
During the first six months' operation
of the office of the Sealers of U'eiKhts
and Measures In Philadelphia, 114,120
separatn Inspections were made. Thero
were 32,:3 scales and measures con
demned as Inaccurate, 19.3S7 were con
fiscated and 32,759 approved. There were
12.127 places visited, in 3275 of which were
violations.
Those figures are given In a report
made public today by John Virdln, super
visor of the office.
The total number of Inspections for tho
six months show an average ot 876 per
day for the 33 Inspectors of the office, or
23 dally Inspections by each Inspector.
With tho opening ot the fall season,
.Supervisor Virdln has instructed his In
spectors to keep close watch on tho
scales of cnal dealers throughout the
city. Any Indication of short weight Is
to be investigated.
The Inspectors have also been ordered
to tnforca rigidly the law requiring that
the net weight and measure of all com
modities be plainly marked on the car-
tour.
1,1 VE STOCK QUOTATIONS
CHICAGO, Oct. 0. HOGS. Receipts, 18.000.
Maiketa. IUC4 13c. lower. Mixed and butchsri,
7.70b.7O: got hsy, d.l3(3S.05; rough
heay. T.206jjh; light. li.lUCi8.70; pigs,
IS.T3A7.9u; bulk. 4J7.03Q8.30. CATTLE.
Rcctlpts. MUO. Markets, steady. Reeves. (7
i$ll, cons ami heifers, I1.7risii.40 ; stockers
and fccleis. ll(US-0; Texan. JS.4U44S.SO;
calm. K.3ull SHEEP.- IlM-elpts, 40.UU0.
Markets, neuk. Native ami WtJltrn. I3.2J41
3.70; lambs, M.uusT.7B.
NEW YORK BUTTER AND EGGS
NEW YORK. Oit. a Butler Arm; receipts.
11.7'U iiackdgrs. crraruery extra, 304jMlc;
rita'e Jlr, tuts, 22i2Uc
imusiioa cretttQery,
V.XS lultit. re-eipt'. -1,S;U
CASea. Neilrhv
nkiltti lauc)
lllil
i.C.
nearby mixel fancy.
2ii'JAc.. ttub. firsts. 24.11c.
WELSH TO FIGHT WHITE
i'HIC'AOO. Oct 6-Freddlo Welah. the
Knslish llghtwl7ht champion. hag
rt.u-l o box 'Charley"' White, of this
nt) uciore me
. lub OfferinK the larirest
llPursrtharThSlv?JDiyk9 P'aC9 " 1"" th WU" Pi of 'thS good feeling ., in SS5 I8?ir,V?Tnrc.,..rt ..
lutsrman inantBgjvin,, uay, lrrulv3, slky toward th United State. B0' r'Prt. . bn-, r
, kw Ji,w xork, Ui, jrivite tanas.
EVKNTtttt T.mnnmn ."D"nrTT.ATTi!T,Pln,f a fTTi7cm A V. nfiTnm?.!?.
JOSEPH WAYNE, JR.
Vice president and cashier of the
Girard National Bank, who was today
elected president of the institution to
succeed Richard L. Austin.
RICHARD L. AUSTIN RESIGNS
AS HEAD OF GIRARD NATIONAL
Joseph Wayne, Jr., Is Today Elected
as His Successor.
Menard U Austin today resigned as
president of the Girard National IJank.
He will become chairman of the hoard of
directors of the Federal Deserve Bank
of Philadelphia. Joseph Wayne, Jr., vice
president and cashier, was elected to suc
ceed Mr. Austin as president.
Evnn Randolph, head of tho firm of
Evan Itnndotph & Co., with offices In the
Morris Building, was elected vlco presi
dent. Charles M. Ashton, assistant cash
ier, wns elected cashier. The directors
elected two new assistant cashiers, Albert
-W, Blckford, manager of the credit de
partment of the bank, and Alfred I3nr
rntt, collateral loan clerk.
For a number of years Mr. Randolph
was connected with Edward B. Smith &
Co. Mr. Wayno has been connected with
tho hank for many years. Mr. Austin had
been president of the bank only since
last spring, when Francis B. Beeves re
signed. Mr. Ittcvcs Is now chnlrrnan of
the board of directors ot tho institution.
STOCK PRICES IN LONDON
Table Shows to Whnt Extent Ameri
can Issues Have Declined.
Heie Is a table of American stock prices
as they ruled In London on September 21
and on July 30, tho day tho Stock Ex
change closed, according to a special dis
patch to the New York Journal of Commerce:
Price Price
July .'!0. Sept. SI.
Mxd Amalgamated Copper 4" u li)
t'lxd Atchison Sil (( M
USVj do preferred Ill Jf US
101i, do fi bonds 115 iftWO
IC do l7o adjustment N) (if Ki
70xd llaltlmoro c Ohio HU lit 71
42 Chesapeake . if W
12 Chicago Great Western 8 W 12
S7s Chi., Mil. & St. Paul (W it S7
4. Denver -I it
8 do preferred S it 8
21 Erie 1 2t
l'4 Missouri, Kan. nnd Texas. S & 11
S2!i Now York Central SI ft M
lOl'i Northern Pacific 07 filOO
02 Oreif.-Wunh. Arc bonds HO ii n:i
74xd Reading 70 3 "
an Southern Pacific 82 141 Mi
R7 do 4 conv. bonds SI g M
17 Southern common 14 0 10
117V4 fnlon Pacific 110 0112
1114 do conv. bonds K2 iff' Hi I
fir. United States Htcel Wi (SI fit
11014 do preferred 100 ftlOS
CANADIAN BOND SALES
Municipal Output in September Was
Only About Half Million Dollars.
MONTREAL, Oct. 6.-TI10 municipal
bond sales In Canada for September, ns
compiled by the Monetary Times,
nmountcd to $510,030. compared with
5411,753 for August and tl.663.SC0 for the
corresponding period last year. As In
August no Canadian municipal loans
were floated In London.
Chicago purchasers acquired $90,000 5
per cent. Edmonton debentures, making
the total public United States purchases
for nine months $3,09S,000, as compared
with J30.1G8.053 for the whole of 1913.
NOTES OF THE RAIL
Whereni railroad revenues increased
during August in the Eastern district,
thero was practically no change lit tho net
revenues for tho Southern nnd "Western
railroads, according to a summary of tho
reports of 139 of the largest railroads
reporting to the Interstate Commerce
Commission. Tho net return for tho wholo
was $303 per mile of road operated; It
was $306 during August, 1913. Tho net for
the Eastern roads was $i574 per mile, nn In
crease of $36; the net for tho Southern
roads was $340. an Increase of $2; and for
tho Western roads, $314, a decrease of $3.
UTILITY EARNINGS
CUMHEKljAXn rOl'NTV I'OWKlt AND
l.IOJIT COMPANY.
MONTH OF AUOI'ST.
1IH4. 101.1. Increa.
Oro earnings $27'.',I99 $2.11. SIS $21,521
Operating expenses
(including taie).. 129.77T 122.0n 11,711
Net earnings. .
Interest, etc....
.$144,022 $120,215
. M.4IU SH.iMI
$14.M)T
I. Mil
Surplus $SO,KW $70.3111 !.007
NASHVIM.K RAILWAY ANJ L1C1HT COM
PANY. MONTH OK AUGUST.
inn. tni.'l. Inenaie
Greta rarnlnga $ltu,W8 $17S.41l $2,077
Operollntc expensed
(Including taxes).. 107,027 110.727 S,S0o
Net earnings.
Interest, etc....
72.SS!
ll.UKI
J01.704
40.002
I10.S77
1.S0S
Surplus JIO.OSl X21.702 fS,U7U
THE EAST ST. LOl'IH AND SL'IIL'RIIAN
COMPANY
1U14. 1M3. Increaso.
Dross earnings ?21,2SO $22S,!S!2 j.j,Ls,i
Op. exp.. Inc. taxes. 124.3VS 1.1U.271I ll.Ml
Net earnings.
Intereit, etc.,
Surplus
llecrease.
ISO.2.1.1
IS.txwi
JS.bOl
io,ta
50.510
JI3.3I1 Jlu.Wi ffj.030
BANK CLEARINGS
Hank clearings today compare with corre
standing day last two years'
11114. 1013. 11)12.
New York.(214.:iS4.147 l2U..V(.44i 410,72SS2
1'hlla .... 23.:iV4.4Jl 2S,fll.1.SHO '.'SSSiClilT
Hoston ... 22.U14.tUl 23.1TT.W0 33.MI1.UM
THE MONEY MARKET
Call.
Philadelphia G
New York , 6fg8
lloston 7
Time.
fi
Mas
oes
Chicago 7 T
i'nuaaajpaiu commercial paper, thre to
six month' maturities, 76,7Vv pr cent.
Wants to Be Wisconsin's Governor
MILWAUKEE. Oct. 6. -John J. Blaino,
of Boscoll, State Senator, announced U-
d.iy he would run for Governor n nn
Indenendent candidate. Ills rn,HMnn ... I S
Photo by Mnrccau.
RICHARD L. AUSTIN
He resigned today as president of
Vflii- fiirnl-il Mnltntlal Ttnrllf fr herrvrti,.
chairman of the board of the new
Federal Reserve Bank which is being
organized here.
PORT BUSINESS BRISK"
DESPITE CLOUDS
OF EUROPEAN WAR
Foreign Commerce Hard
Hit, But Coastwise Trade
Improves Two New
Lines Established Last
Month.
Commerce between this port and fore
ign countries suffered severely during the
month of September because ot the Eu
ropean war, according to the report of
tho statistician of tho Commissioners of
Navigation, made public following a meet
ing of that body today.
Despite the war, however, the business
of tho port possessed mnny redeeming
features. Coastwise trade showed a
henlthy upward trend; two American
steamship lines established services be
tween here nnd the Pacific coast via the
Panama Canal, and tho exportatlons of
wheat, oats and gasoline Incrcnscd when
compared with the same month of tho
previous year,
Tho chief sufferers on account of tho
war are tho regular line steamships. Tho
Hnmburg-Amerlcan, North Gorman Lloyd
and Red Star Lines havo been compelled
to cancel all sailings. This affects tho
Importations of general merchandise,
silks, wool, cotton, toys, etc.
Only 13 regular lines steamships ar
rived mid IG sailed during tbd month.
Tho average Is about twice these num
bers. No vessels flying tho flags of
cither Germany or Austria nrrived or
soiled during the month Just passed.
Ninety-two vessels, with n tonnage of
2S2.356, came In from foreign ports, as
compared with 131, of 494.03S tons. In tho
same period of 1913. Tho coastwise ar
rivals totnlcd 393 vessels, of 493,922 tons,
against 3SI, of 430,200 tons. Foreign
clearances aggregated 100 vessels, of 336.
78) tons, as compared with 124. of 411,603
tons, In September of last year. Coast
wise sailings numbered 402 vessels, of
490.136 tons, against 3S2, of 437,395, in Sep
tember, 1913.
The American-Hawaiian Line, with thn
arrival of the pioneer steamship Hon
luhin, and the Luckenback Steamship
Company, with tho arrival of tho steam
ship Harry Luckenback, were tho two
new lines established between hero and
the Pacific coast via tho Panama Canal.
GERMAN GOVERNMENT SEIZES
DYESTUFFS CONSIGNED HERE
Holds Up Cargo Valued nt $500,000
and Destined for Local Plants.
NEW YORK, Oct. U.-A cable dispatch
to the Brooklyn Eagle says nine car
loads of dyestuffs worth $300,000 shipped
by Wnlter F. Rykes, of Walter F. Sykes
& Co., a local firm, from Basel, Switzer
land, and consigned to this country, were
seized op September 11 by tho German
Government.
A protest was lodged with the State
Department at Washington, and Secre
tary Bryan Is said to have directed Am
bassador Gerard In Berlin to make every
effort to persuade Germany to release
the shipment.
The seizure was made a day before
the Gorman Ooyernment Issued Its edict
forbidding the shipment of dyestuffs
nnd chemicals from Germany. It Is
understood that a large part of tho con
signment was to have been delivered to
several textile mills In Philadelphia and
other parts of Pennsylvania. A war In
surance of $16,010 had been paid on the
shipment.
U.S. EXPECTED TO PROTEST
AGAINST TURKS' NEW DUTIES
Increased Customs Schedule Follows
Treaty Abrogation.
WASHINGTON'. Oct. 6-As anticipated,
Turkey took advantage of the abroga
tion by Uer of the capitulations with ho
Powers to Increase tier customs duties.
Ambassador Morgenthau at Constantino
ple today notified tho State Department
that s new schedule had been put Into
effect.
The United States Informed the Otto
man Government soma weeks ago that
It did not tecognUe the right of Turkey
to abrosate the capitulations and that
it reervcd the right to discuss the matter
further at a later date.
Moat of the other Powers similarly af
fected by the Turkish action, with the
exception of Germany, lodged notice of
objection with the Ottoman Government,
and It la expected Turkey will be called
upon to rescind her action after the Eu
ropean war is ended.
Secretary Dryan was much Impressed
with a report from Ambassador Mor
genthau stating that he and the Otto
man Minister of War had just returned
from Robert College, where arrangements
were made for the matriculation of the
jiimaier a oroiner ana two or big song.
'" Til... -. -' - "u . , l ms SO1"".
EXPENSES OF TELEPHONE CO.
GREATER THAN ITS RECEIPTS
Receiver Shows That Interstate Cor
poration Conducted Business at Loss.
TRENTON, Oct. 6.-James Kerner, of
this city, receiver of the Interstate Tele
phono Company, filed a preliminary re
port with the court here today showing
the condition of affairs In the manage
ment of some of tho exchanges of the
company, giving particular attention to
those at Moorestown. Salem and Vino
land. The actual operating cost of the
exchanges In the first two places named,
the report shows, Is about $100 moro per
month than tho receipts of tho offices.
Phllndclphlnns nnd others living nearby
are Interested In the company to n. con
siderable extent.
The report shows that the condition of
tho business In Vlncland In vcn worse
than at Moorestown and Salem, as tho
franchise fixes the rale for service at $12
a year for each telephone, nnd .the re
ceiver estimate) that each telcphono
costs $18 a, year for maintenance. This
shows nn annual loss of $3100, ns there
are 900 telephones In use.
The Interstate Company operates the
Independent telephone service In Trenton,
Atlantic City, Urldgeton, Mlllvilie, Vine
land, Ocean City, Hordontown, Mount
Holly, Moorestown, Salem, Port Norrls
and ndjnccnt rurnl territory. It also owns
Jointly with the Keystone Telephone Com
pany, of Philadelphia, the long-distance
lines between Camden nnd Atlnntle City,
nnd, through the Enster;i Traffic Asso
ciation, operates over all Independent
lines In tho Eastern States. Interest of
$297,923.77 Is past due on outstanding first
nnd second mortgage bonds nt $2,M9,1S0.
Interest on the second mortgage bonds
hns never been paid.
Altogether nbout $6,000,000 In cash hns
been put Into tho properties controlled.
The company has never made provision
for any reserve fund or sot aside money
for replacement or depreciation, as re
quired by the. Public Utilities Commission.
SPEYER PARTNER QUITS
British Member of Big Bank Firm
Forced Out -by War.
NEW YORK, Oct. 6. Notice was re
ceived nt the New York Stock Exchange
this morning that tho Bight Hon. Sir
Kdgar Speynr, Bart, P. C, had retired
from the firm of Speyer & Co.
It was stated that by virtue of tho.
King's proclamation of September 9, 1914,"
It become necessary that Sir Edgar
Speyer, who was n member of the King's
privy council, nnd a British subject,
should have no direct or Indirect connec
tion with any firm doing business with
persons resident In Germany. He has,
therefore, felt obliged to retire from part
nership In the New York firm.
It Is understood that the step is one
nrislng from the necessities of war and
that with peace re-established Sir Edgar
Speyer will again become a member of
the New York firm.
PORT OF PHILADELPHIA
Sun and Tides
Sun rises.... il:0n a.m. I Sun sets r,:.10 p.m.
PHILADELPHIA.
High water. 2:42 n.m I 1 tilth water. 3:0.1 p.m.
Low water.. 10:00 a.m. I Low water.. lO:S0 p.m.
REEDY ISLAND.
High water.lli.'i2a.m I High water p.m.
Low water.. 0:lSa.m. Low water.. 0:4S p.m.
HRRAKWATKH.
High water. f:14 a.m. I High water. 0:31 p.m.
Low wator. . .1:49 a.m. I Low water.. 0:20 p.m.
Vessels Arriving Today
Btr.
Ilalto (Nor.)
Stavangcr. ballast.
Htr.
rarnguny
(Amcr.), Pablne, crude oil.
Sun Comnnnv
Ptr llerkshlre, Favannah, passengers and
merchandise. Merchants and Miners' Trans
oiirtatlnn Company.
Str. namford (Dr.), Santiago, ore, J. A.
McCarthy.
Sailing Today
Str. Sun, Ocklman, Amsterdam. Sun Com
pany. Str. Stnmpatla (Itnl.), Lavarello, Ocnoa nnd
Naples, via New York. La Veloce Line.
Str. Grecian, Page, lloston. Merchants nnd
Miners' Trinsportatlon Comjany.
Str. Ericsson, Willis. Haltlmore, Urlcsson
Line.
Steamships to Arrive
PASSENGER.
Name. From. palled.
California Copenhagen ...Sept.
Mongolian Glasgow Sept. 20
FREIGHT.
City of Durham Calcutta Sept. 1
fiturmfela Calcutta Sept.
Narvik Mtdalennoro ...Sept. IS
Ilnpidan Mlddlesboro ...,s-pt. .in
Missouri London Sept. 22
Man. Miller .Manchester . ...Sept. 21
Corrlston Foney Sept. 2.1
Solborg Hartlepool Sept. 2.1
Stalhclm Ilurnt Inland. ..Sept. 2ft
Crown Point London Set. 10
nnmfnM - Santiago Sent '.'i
'.Marltercs Huelva Sept. 211
Murjek S'arvlk Sept. 211
Mlssourlan Hlln Sept. 21)
Vasconla Fnynl Sept. 20
Invergyle SavnnnaLaMar. Oct. 2
Hermod Nlma Nlma ... Oct. 1
Steamships to Leave
PASSENGER.
Name. For. Dale.
Merion Liverpool t:t. 10
Mongolian uiasgow Oct.
California Copenhagen
.Oct. 18
FREIOHT.
Canadla ..Christian!
Zrldyk Rotterdam
Alan. Mariner Manchester
Start Point London ....
Missouri London ....
South Point London ....
'tapldan Lelth
Crown Point London ....
. Oct. 7
..Oct.
..Oct. 10
. .On, in
..Ojl 14
Oct. 10
..Oct. !H
Oct. 21
PORT OF NEW YORK
DUE TODAY
Name. From.
Roma, ..., Marseilles ...
llyndam Rotterdam ..
MJB TOMORROW
Name. Prom.
Oscar II ....Chriitlaniend
San (Itnvannl NnDles
Sailed.
.Sept. Ill
.Sept. 27
Sailed.
, S.-nt. i'd
Sept. 23
bept. 2rt
tfept. 2a
Mnrjv.il giamow ....
Slconla
........ ..lioon
Steamships to Sal,
Name.
Krlsttanlaflord
Noordam ......
Napolt
Sam' Anna ....
Campania
Pranca ....,,..
For.
Bersen . . .
Rotterdam
Naples . . .
Marseilles
Liverpool
Havre ....
Pate.
...Oct. tl
. . Oil. il
...Oct. U
. . Oct. tl
...Oct. 7
...Oct. T
...Oct. 7
. .Oct. 7
Ctdrlc
Liverpool
St ampaU N'aples-Oenoa
FREIGHTS AND CHARTERS
While the rite in Insurance rates for South
American voyages has caused a decrease, 1 J
inquiry for the long voyage trades, the do.
mand for transatlantic trades continues ttTdy
and malerato Itates hold tlrm. No improve
ment la promised In the weak sail market.
STKAMSHIP.-).
Ederman iHr.). Hew York to ricked mn.
United Kingciom. grin. "iTcoo qUMtere,;!
liatberlnc' Park (Br.). New Tork to Ant.
werp, oits. J0O nuarters. L's. 9d" Octobo?5'
.. if .""IF. "' Jionireat to Picked ports
Ur.lte.1 klnsdora. grain. W.0.O n,iaTi.po."
IH1.. Octoticr.
.aim. .u.vv quarters, -s.
Wlmborna rnr.k.
3Sa tone. Uombay to rbil
ore. ore. M... ffcinK..'
adslphla cr Haltlmore. ore. 23.. October
Matnnz.LS
'?! . 2I03 ..". tran. atiantic
&. SkS""4 ,r,p- iMi ir"1"'1 sx1"-
rarnnam (Hr.). 1B91 tons, transatlantic
trades, one trip on time charter, delivery New
Jork. redelivery Franc, private terms. Oct j
ber. Agacllo CraniM tltaL). KWl too. Hms. de
ltter Norfolk, redelivery Mediterranean
Twilight Hr.. lWt toes, Peousoia to two
pert United Kingdom, timber. $7. vi
prompt.
BARKS AND SCHOONBRS.
Bk. Klnz Oscar II. iNwi 7t in.. n..tt
port to Lu Palmes, lumber, lie. S3. Ootob r
and November
Bk Artel i.Nor.)
7V ton, earn, from Fer-
Bk InarM iN .i i 70O ion. m
M"s Point i
cons. Barrl-
FeroaadlBi t
f
rt. miJ:
PHILADELPHIA MARKETS
GRAIN AND FLOOR
WltKATv Little trading nnd with esMer
Western advices prices declined lc. Car lnta.
In export elevator: No. 2 red, spot nnd Octo
ber, $l.05ffl.(lSi No. 2 red, Western, $l.(0t?
I.12s No. 1 Northern Duluth. $1.1091. IS.
COItN. necetptu, HOOO bush. Offcrlnga
moderate nnd prices steady, but trade quiet
Cm lota for local trnde, n to location NO.
2 yellow, JtsHigK!c: etcainer ycltow, SIlJSK&r-.
OATS, necelpta, flo.Opo bush, Market
quiet but steady, with moderate offerings. No.
a white. W417c: standard white, MQOtUc;
No. 3 white, nouontr.
, , ITOIJIt.- -HrrelpU, 1070 hbta.. 1.401.4(10
lb. In sacks. Trade slow and market nom
inally unchanged. Per llifl Iba., In wood
Winter, clear, f4.ti0fM.R!t: do., atralBht. $4.tX
15.1B: do., patent, S.1 2r?B 00: Kansas,
straight, Juto sacks, $.".10f(.VO.V, do., patent,
Jutn sacks, $3.40ff.t.no: srlnn. nrst, clar,
jl.T.'ifir.: do., atramlit, $.".Hi!M0; do. patent,
. nnfy."i.7n: do., rnvorile brands, $Ofln.,V)j city
mills, eholra and fancy patent, flflil 50; cltv
mllle regular arades Winter, tlear. $4.!VKi
..; no.,
J.1 2.',??.-,. lift
.-; no., straiftnt. $4.tHrtr.i,i: no , patent,
ItVK ll.Otllt. Tho market
steady. W ipiote nrnrby nnd
ntilot
lint
western,
in
uoou, ai f,vi.'..j'.
PROVISIONS
A light Jobbing trado nnd little hbnnge In
prlrca.
f.'lty bcf. In a'ta, smoke! nnd nlr-drled, f!l(3
.Uc.; Western beef, In a?ts, smoked, .'II WlSc. ;
elly beef, knuckles nnd tendera, smoked and
alr-drler, .T.'wt If. ; Western beef, knuckles nnd
tenders, smoked, WiMo.; beef hams. IUWi'11;
pork, family, ?2(V!IX; bams. P. V. cured, loose,
IfiHWlUWc. ; do., skinned, loose, 1 .',? Mr. ;
do., do., smoked, lRftlllc. ; otber hams, smoked,
city cuted, as to brand und nverae. lsiilfic. ;
hams, smoked. Western cured. MiHVtr. ; do.
boiled, boneless, 2W 20c. : picnic shoulders. S.
P, cured, loose. 12ftT12&e. ; do., do., smoked,
Miitlt'ic; bellfea. In plekle, according to aver
age, loose, l'liKe.; breakfast Incon. an to
brand nnd average, city cured. 21ff72.'!c. :
breakfast bncon. Western cured, 21ft2.'lc. ;
lard, Western, refined, tierces, 11 t&CJll lie. ;
do., do., do., tubs. 11 'ivllllc. ; lard, pure
city, kettle rendered. In tlerren. It UBJ Il"ie. :
do., pure city, kettle rendered. In tubs, 11 1 6 Rf
ny,c.
VEGETABLES
Tra.
generally quiet
nnd market without
Importnnt change White potatoes, per luh.
?e nn
WOIIV.;
rennsjivanla. cnniKe. ; Now York. m;."c.
Whlto potutnc.s, .lersey, per basket. :inf)4.V'.
Sweet potatoes. Tastern Shore, per bbl. No.
1. f!.7IVM2.'l.-,; No 2, Tnc.iflSl. Sweet potatoes,
North Carolina, per bhl. Nn. 1. $1.7".1i2. No.
2. 7.VOM. tfwects. Jersey, per bhl. No 1,
$2..10f)2.7."ii No. 2. l.r,0Tl.7r,. Sweets, Jersey,
Jier basket. 4."'flCOe. Onions, per bush.. 40?i
Oc. : do., choice, per (iO-lh. bag, $1; do.,
medium, rer lOO-lh, bnn, 7Sfl00e. Cabbage,
domestic, per ton. f 1.151 II. Celery, New York,
per bunch, KygSOc. Mushrooms, per 4-lb.
basket, J.Tj-l.
POULTRY
LIVE. Desirable stock In fair demand
ami Hteady. Fowls, irsrfi 17c. : old roosters, 12
(it 1.1c. ; Bprlng chickens, according to quality.
ll17c.j ducks, 12l?irc. flulneas, per pair
Younir. welching 2 lhs. nnd M'er anlece. 7ne. :
do., weighing l'-i(fcl?i lbs. Bplcce, Couf.i'.'c. J
do., weighing I lb. nplcce, oOc. ; old, uUc.
Pigeons, per pair, 10(5 Inc.
l)lu:ssr.l. Kino deslrnble-slr.ed stock
pretty well cleaned up at steady prices.
Fowls. per lb., selected heavy. 21 He :
weighing -i'-tfUT, lbs. apiece. 2iHjC. : weigh
MAY FORM $150,000,000 POOL
TO PROTECT COTTON CROP
Southern Bankers Talk Over Plan
With Treasury Department Heads.
WASHINGTON, Oct. G.-Formatlon by
Southern bankers of a "cotton pool,"
with resources of from MSO.OOO.OOO to i2,
000,000, to take care of the cotton crop
deprived by the war of a European
market, waa a solution ot the cotton
problem before tho Treasury Department
today. Its adoption and approval by Sec
retary McAdoo was deemed certain. L
Assessments aro to bo made upon well
bank to complete tho "cotton pool" similar
to the plan of operation of the exporters'
"gold pool,". now nearly completed, undor
the supervision of the Federal Itcservo
noard.
Loans from tho "pool" will be mado
to cotton producers and brokers on a
b;isls of 6 or 7 cents a pound, based upon
cotton warehouse receipts,
"The "pool" plan seemed the probable
solution of the cotton situation to take
tho place of various Congressional legis
lative schemes suggested.
FOREIGN TRADE INQUIRIES
Aildrcssea of forelcn Importers making tho
Inquiries may be obtained trom th Durcuu of
Foreign and Itomt"tle t'liiiimtTf-e. Ii-partment
of Commerce, Washington. . ('.. or Its branch
offices. Inquiry number must be mentioned.
No. 13,906. Pencil machinery. An
American conxular oilirer In Europe Is
advised by n firm In his district that It
would like to purchase some now ma
chinery for tho manufacture of pencils
and penholders. Inquiry Is made spe
cially for the names nnd addresses of
American Anna having agents in that
country.
No, 13,907. Advertising novelties. A
denier in England has ropnrtod to an
American Consul tlmt he desires to cor
respond with American manufacturers of
ndvortlslng rulers nnd wooden novelties
with a view to purchasing in consider
able quantities.
No. 13,905. Zinc rollers. A firm In
Great Hritain advises nn American Con
sul that it would like to correspond with
American manufacturers of zinc rollers
wltll a view to purchasing supplies.
No. 13,903. Maronrlne, cocoanut fat,
sugar, etc. A dealer in England has od-
vtseil an American Consul that ho da.
sires to correspond with American manu
facturers of tho following-named articles
for export directly from tho I'nlteil States
to a port in Africa: Cheapest quality of
margarine, cocoanut fat, cheapest quulity
of candles, paratlln oil tretined for llgnt
Ing) nnd sugar t refined in conic loaves).
The margarine is wanted nt once.
KENNEL ITEMS
Dnston terrier puppies that loom un nu fu.
ture championship possibilities were benched
last nlht at the niomnl meetins i2
Ihuadelpllla II utoii Terrier Club, hell at itZ
Continental Hotel ' ""
t'tutrlM Anhur, nf Bryn Manrr. waj awarded
special for best In shrnv with his ' matron
l.rynavta. Up aim earture.l th bluo in the
l I" lis months matron's vUss.
Samuel Doran, president of the club, shone i
the two .(food puppies that ha lately bad sent
htm from Hoston by Dr. Hams. In the i
to a months' class for puppy doars his lioval
Meteor easily took winners, with Paul n
natb's Cutey Foss second, whil - in the 3 to 8
months' bitches hm other entry, Flj li.g Fairy
received tho blue. Fri-ids lleaut. shown bV
Herman Freed, was a c'nse second.
1188(?T'snN!ri -;
-JCVf i1 -
Investment
The conservative in-estor who is not trained
in the analysis of securities needs, more than ever 1
before, this
Investors Service
ISrl'tlel iVei"0 ?? wh"uforS,tionlo'nMo"l? A
curltles in una of which tch is pflraonally Interested. C
The prudent investor can turn with confidence to the impartial t
and iinluasetl information on Bonds and Stocks in our files. f,
Register your request for information regarding any two securi
ties you own or contemplate purchasing. No charge and no obligation, 1
Ask for copy of "Vain Regrets." f
Used by 27 Banis and Trust Companies in this and nearly Cities, t
H. EVAN TAYLOR, Inc. ?
702 MORRIS BUILDING
PHILADELPHIA
Bank Keftrtnctl. !
4 AvANa
-. r(TAXtOB)0)
A Bot PAoass.
13
ing A lb. apiece, 20e. ( weighing BM lbs.
apiece, 17ffl!l8e. 1 weighing 3 lbt. and under.
inc. 1 old roosters, dry picked, ISUc-; broil
Ins; chickens, nearby, weighing lUJ lbt.
nplece, 20W22e. 1 do., fair to good, lftQlPo.
ehkkens. Western, 4 lbs. apiece,- 10c. t do.,
do., n'4 lbs. nplece, fat, IRQ 10c: do., do., 3U
.1 lbs aplcfe. 14c. 1 broiling chickens, Welt
em, !Hff2 ths. apiece, KiiiiRc.: do., fair to
good. 12 lie; squnha, per doi. White, weigh
ing il to 12 lba. per don., $3.MH.20: .white,
weighing ! to 10 lba. per don., 2.7Stf3.ttl
iuii- v tMrvitiii o ius, jjvr uoi,, 4MH?f fv
mu., urr,, t idh. ir aoz., vi.itmz: ao,. dO..
K lb. per doz., $.2G1.M; dark and No,
FRESH FRUITS
Trado fair nnd prices generally fteadlly
held. Apnlea. rer bbl. Oravensteln. It.KOsMJMt
Twenty-ounce. $l.f,(l(!J2.2Si Mush, $1.(S0Q2.S
ether good
medium. SMI
",,i r. .-.it. "vAtr'j. 'i,"it''"
"Ullll .OIICUE3,
basket, $1.0001.73; npplef, Delaware and Penn-
Vr-.v,. -t -'""t .v. no. , perjsuan.
eyirani.i. per immper, ;iwc7;fue.. quinces, per
bbl., H.fWSH.fiO. Lemons, per box,. tOB-l.
firapefriilt, Florida, per crate. $2.iOa4.T;o.
Pineapple, per . cfnto. Porto tlleo $1.2,-n
8.2.'.; Florida. 1 0:2.50. Cranberries, Cabe
Cod, early Mark, per bhl., $4. 00(38; do..
Cape Cod, early binck, per crate, I.7BO
2; do., Jersey, per crate, dark, II. js
02.2.1; light. 11WI.23. Huckleberries, per
quart, 4fi.se. Peaches, Virclnla, per 20-lb,
basket, 301Jt.0c; do,, do., per crate, 7ic.3tl.0Ol
do,, Dclnnnra and .Mania nd. per basket, 25tt
,r,c; do. do, per crate, 7.1c.it$l,2.1. Peaches,
New York and lennylvanla. per basket. Iarga
white or yellow, r,oi(.73c.; medium, aol0c.
Peaches, Jersey, whfto or yellow, per S-ba-If.ct.
extra large. T.v.etl; medium, loaaiio.
iiakct, Jlifil,,.,. Drapes. New Tork, Concord,
per S-lb, twaket. MaiCc. do., per 4-b. bSskt
yiue; Niagara, per 4lb. basket. SiplOc; Del
awarcs. per 4-lb. basket. 12tPinc, do Concord,
5r,rrm,pf',nt"0d': ,l0- d0- fr Jn-'t'; basket,
4(iW4.,c. Mums, per 8-lh. basket, 20a25c Can
taloupes, colnrado, per crate. ?131 noi do
w?,V ,i?,',I'r'(,tw'e. Watcnnelon, Jersey, per
DAIRY PRODUCTS
rilKIIsi:, Quiet, with moderate hut
ample oiferlngs nt former rates. New York,
full-cream, choice. MUr&Mfte. . do., do. fair
to good. I.-.i-jfl lGc. ; ifo., part skims. Palter,
11-1,. r,7:'t'H,,r,P' or desirable atock
Jlgnt nnd the market firm and 1'. higher, wltll
demand equal to the offerings. Medium grade
continue dull. Western fresh eolld-pAckert
creamery, fancy specials, 5.V. : extra. Sic ;
cxtra firsts, 2U!iq.10e.; firsts, 2'i'&i")c. . seconds.
'Mi-.c; laciic-pncKeo, zigrsnc, as to
nlialltv.
nenrbv crlnta. fancv. .lie. itn . nvemre ..i,.
.12I.'I3c. ; do., firsts. 2DQ31C ; do., seconds, 27a1
2Sc, Special fancy btands of prints Jobbing
at .1tit0c.
KJUf'S. Finn fresh eggs well cleaned, up
a full ileures. Medium and poor stock dull.
In free cases, nearby extras, 01c. per dot.1:
ncarbv Orats. fi.W per standard case; nearby
current receipts, $7.ln7.0 per irtandard easel
Western extra firsts, $1.10 per case, do., firsts,
$7.MW 7.0 per cao: do., seconds, (R.)IOtCt.m
per case. Candled nnd recrated fresh eggs
wire Jobbed out at .15t?37c. per dot., as to
quality.
REFINED SUGARS
Dull nnd weak. Stnndnrd granulated.
G.nnil.r.r.c; fine granulated, 0 2Rrrt.ft.BOc. I
powdered. fl.fCiiirn.flO; confectioners' A, 0,13
li. 10c. ; soft grades,. l.-t0ffJ0.2Sc.
LONDON MAY NOT REOPEN
UNTIL AFTER WAR IS OVER
Brokers There Insist They Are Under
No Great Hardships.
It Is likely that the London Stock Ex
change will not reopen until after the wftr
has been ended. This, .at least, seems to
bo the sentiment in the British Metropolis.
A fairly brisk business is being dpno'ln
the street" under certain restrictions, and
tho English brokers feel that. Kb -,pt for
tho chances of catching coldeuamp
"niri, iiii-iu ta im H.WU.JI11U ,. . ,t- uihj,
and they would Just as Soon continue
they havo been doing.
The majority of members of th
Exchange would like the Stock Exchange
to be .opened, but nono of them would,
Hko to have .the Individual responsibility
for opening it. An increasing number of
members consider that It would bo unwlso
to reopen hefore the end of the war, and
they argue that so long as business can
be dono in tho street there is no hardship
for anybody. Tho reply to this argument
is that If It is safe to permit dealings In
tho stn'et it would be even safer (and far
moro comfortable in wot weather) to per
mit the samo business to be done inside
tho Stock Exchange. Dut the Individual
members, as a rule, are perfectly willing
to lave tho whole matter to the com
mittee. The discussion, therefore, works back
to tho point that unless the Government
Insists' that the exchange shall be opened
It Is likely to remain closed until ths
-nd nf tho war Is In Bight; and If It should
Insist. It follows that the Government
must provide some Incentive to the com
mittee and tho banks. This provision
would have to be In tho form of a guar
antee to th banks,' so that they should
not suffer loss from the continuation ot
tho present lonns. where desired by the
borrowers, until some time after the end
of the war. This condition would satisfy
tho Stock Exchange Committee, but
whether It 'would entirely solve the Stock
ENcnnngo dilllculties Is another matter.
It would certainly go a long way In the.
Tight direction.
ROPER ARENA NOTES
"Tl-Vl" Krno has been quietly training for
tbe last two weeks and wants a match with
"Joe unrrell. Rrno Is willing; to allow Ilorreil
to weigh l.'.s pounds at tho ringside.
Ily taking n punch at "Sammy" Harris.
"Kid" Williams' managrr, last winter. ' Bd
dle" O'Keefo has lost a .banco to make a lot
of monn o'Ket'fo was to have besn Wil
liams' next opponent at the Olyrapla. but
Harris declined to consider him and declare
that he will not eln him a chance to make
any money off the lliltlmore boy
si'i:ci.i, NOTIPF.S
2
THfi Ollt.Utn NATIONAL HANK
OP PHll.AIIKI.I 1I1A.
Oitober ilth. 1014.
The Hoard of Directors has today accepted
wttn regret me resignation or lucnaru I..
Alltlti as Prestilent
h having resigned to
accent the position
or chairman or th
Huard of the Federal Keserve Hank o
f 1'hlla-
deiphis
Til
he Hoard of Directors has elected
JOSEPH WAVNH. Jr.. President.
EVAN IlAJCnOLPll. Vice President.
CHARLES SI. ASHTON. Cashier.
A V. PU'KFOHD. Assistant Cashier
ALFRED HAItltATT. Assistant Cashier.
TIIUO. E. U'lEDKRSIIKIM.
Vice President.
Ifc - ' -Vv" -
W-'TSniMiFi -i.
Conditions
?V,,V'.!',,-r,0: do., No. 2, .Msr.1: other varle-fC'l',Vn-
'""" Nw York. Berkel, per barrel,
"4
Stock m
1?
X -
i
.oo ... Mt.r-i..ia. .,-. . .w. . - ---" ar,!-; ,r-1 ,r. m.m r i
ift