Evening public ledger. (Philadelphia [Pa.]) 1914-1942, October 10, 1914, Night Extra, Page 15, Image 15

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hflUHOOL SITUATION
AGAIN REFLECTS AN
IMPROVED STRENGTH
Vcck-enc! 3egS Change for
getter and utlook Is for
Spall in Money Kates.
Banks Gain Cash.
i decided change (or tho bettor may
. reported In tho financial Bltuatlon. It
t reflected in tho progress mado In roduc
jnj the reserve deficit of tho Now York
tlty banks, which has been accomplished
to both ft reduction In loans and a gain
Mia eh.
The deficit 18 dciow i,wv,uw, n, reduc
tion of 30,000,000 from the maximum
reached shortly after tho outbreak of the
w4r, What Is encouraging is that tho
trend of the currency Is still toward thin
tentre, Indicated particularly by tho
tremlum paid in Chicago for Now York
l.Ahmee. Tho interior hna not beon hit
u fcard as has this locality by tho Kuro--an
nttnclysm. And Uio grain crops are
l Iatco and aro soiling at such high
JtrlMS that the Contral Wost and tho
(forthwest are prosperous in spite of tho
war iiiiu'
A quiet liquidation of loans l also be
fog accomplished without harm, which
In Itself reects generally Improving con
ations. BANKS BUY PAPEH.
The New York bankB aro going into tho
market for commercial papor on a larger
icale. One prominent Chicago hanker
predicts that by December the money rate
Till bo down to 5 per cent. It Is now G
ind 8 tier cent In thr Hast and 7 to 8 per
cent In the West, principally 7 per cent.
The gain In legal money was effected
kv banks last week In spite of shipments
of 10,000,000 gold to Canada. Heavy trans
fers have been mado to Ottawa this week
under tho operations of tho $100,000,000 gold
exchange pool, so that wo havo sent al
together to tho Dominion nearly 31,000.
(W of the metal
It Is retnarkablo. In nil tho rlrcum-
itances, thnt tho monthly Treasury state
ment should show for October 1 nn In-
cre.iso In gold circulation of tho United
States of over 517,500.000 from Septem
ber 1. Hoarded gold Is apparently coin
ing out Of course, wo gain an averngo
Bof about $7,000,000 monthly fiom our
mines, ns ungianu is now gaining $15,
000,000 a month from Africa. Thero la
no reason why the United States, having
demonstiHtcil Its financial strength ami
liability, should not bo assisted by I.on-
jjlto the exchange problem.
If BOND DKMAND IS GOOD.
f Naturally tho rola.utlon In monetary
conditions Is encouraging tho demand for
railroad bonds of the first class and short
term corporation notes. Transactions In
the former are under tho supervision of
the Stock Exchange Committee, but tho
concessions from tho closlncr nrlees nl'
BJuly 30 aro said to bo only slight. The
ff:illnra In nntnq nrn fran f,m uiinA,.-
vision, anil these obligations aio traded In
en a basis of from 5 per cent, to 8 per
cent., according to tho class of the docu
ments. Locking of tho doors against reckless
laughter of sound American stocks both
In London nnd New York has helped to
tlabillzc the situation Tho nctlon of the
London Stock Exchanco In adopting the
final July 30 prices ns the basis for oper
ations In "Yankees" was highly appre
ciated here It tells of a spirit of co
opviati'in between the largo Interests on
both ides of the Atlantic, which promises
tell tor the markets when It Is decided
' l'f safe to reopen tho Now York nnd
". "ii'l'in Stock Exchanges.
THE COTTON SITUATION.
n illustration of the co-operation which
tr. Winks nro Ufclng In dealing with alt
plv-i . of the existing complicated Mtua
tli ii i- found In the project under con
tili lation for nsslsting the Southern
Want, s Slmiv Southern nnd Snuthnest-
icrn banks aie planning to raise a fund
of S150.ri0.(0 to be specially devoted to
loans to pianteis, fin ns to cn.inio mem
to c irrv that part of tho crop which will
I be inii-uld heeauso of the reduction in the
for, inn demand for raw material
This fund will bo guaided by proper
limitations nnd will probablj bo appor
tioned, undei the approv.il of the Fcdeial
IS'-sei i Boirtl, pio lutu according to tho
ftn.inei.il xtienaih of the Institutions, Just
a the loiitiibiuions townid tho $100,000.
Ofti -old eNthanuo fund weie aiianged.
ITh .-. hprclllu cotton credit fund would be
suilU-luit to take caio of D.000.000 bules nt
6 mils a pound It will allord an lm-
m'i;.,( i li.f to the Suuth and thereto do
EuihI to ihe whole commercial position.
COTTON NOW IS CHEAP,
cotton at current prices Is undeniably
chruii anil the American lelief plan,
to,, I,,! with those adopted to asbist the
KbWtitin f Halts, will tend to bilng
th ii lau iu the cluao attention of such
hum ami foieiRii hpinuois as have been
holilniK uff fiiim mirchnses under the
Idn that they will be able to secure thulr
fup ! lor a song.
The St Louis plan, as It may be styled,
Is iik, U to be followed by the bunks
w Hi r. caul tn iverj other industrial po
tt, m which it. temporarily threatened
bj tin? Lonsequencf s of the war.
-WrESOFTHERAlL
A m no dividend of S per cent on tho
5nf-ir?d tor was declaicd by the
Buatnerii Hallway This makes V per
cem fni i,,u jari instead of the full 5
V" nt The scrip fall3 due tn live
e.ir', m l beais 'ntereat at tho rata of
t I" i em statement Issued said that
tn fun 2", pr cent dividend was mined
bi.1 it naB deemed Inadviaablo to declare
th- f.il Hmounl 'in view of the fulling
off of revenue and the consequent netes
ii'5 for retrenchment of expenses."
Alaskan railroad matters, with par
ticular reference to the proposed Govern-mem-owned
road, will he discussed on
Ti.cduy by Secretary LanJ and J. P.
Morgan in Washington.
The Interstate Commerce Commission
as asked yesterday by Southwestern
railroads for an udvance of 10 cents n
ton In frclsht rta on coal Tho In
ereases becoma tffecUva on Pecember 1,
urlwa the Commission suspends them.
The Second District Public Service
Commission of New Tork has approved
tr.e merging of the New York Central
ik shore and Mlohisan.
Ao order for four gas-electric cars has
n pUctj with the General CWctric
l-ompany by tho Illinois Central.
p- R. K. APPLICATION REFUSED
Commission Refuses to Grant Modifi-
cation of Older.
TIIENTON. Oit 10 -The State Public
J-tillty i onimission today granted its ap-
P'oval , the gsuanco 0f I3OO.0O) cap-
1 pf oik upon the application of the
ti, srvlc Electric Company
Tne application of th l'nulvania
"S-IXPad Oirinanv fn a innjIlSimlliin of
j? order "aijed bj the coimiiuwlun on
er1','' Jl ' '""forence to trdin rviie at
" At , iy a denied
i at ii? c"):n,'iU8ion (iproved th- iti.ic.-er
rs t Par Brother I.eaU i i-mpary
RAILROAD EARNINGS
SMALLER IN SEPTEMBER
Fell Off 0.4 Per Cent, ns Compared
With Inst Tear.
Railroad earnings contlnua to fall oft.
Orosa oarnlnxa of all roods' reporting for
Gcptomber were $37,472,M2, a decrease of
ili lr cent, compared with tho same
month of laat year, A falling oft from
tho same month of last year Is shown by
almost ovory railroad. Tho smaller earn
ings aro principally noted In tho Bouth.
Tho only exception to ilifn rule Is tho
Chesapeake and Ohio, A gain of $212,615
w-na made by that systom In. tho month.
Smatlcr returns wcro mado by nearly all
roads In tho West and' Southwest.
Gross earnings, as reported td Dun's
Itovlow, for July, August and September
wero as follows!
1014.
....$37,472,412
.... 37.2J4.234
.... 8o, -140,432
Losi
$2,COI,0S8
l,tm.8V0
eco.osi
September
August ...
July
FINANCIAL BRIEFS
Three largo British stoamers havo .been
chartered In Baltimore to load grain thero
for Genoa, Italy. Tho combined cargoes
will amount to 1,200,000 'bushels.
Tho Standard Oil Company of Now
York has cut tho price of refined oil for
exports IS points.
Tl:o Treasury Department announced
that bonded cigar stamps shall bo sold
for $t per thousand nnd that all bonded
cigar manufacturers who havo bought
stnmpa at tho old prlco shall bo refunded
the difference,
Alfred Aiken, president of tho Wor
cester Nattonnl Hank, has been named
governor of the Federal Iteservo Bank of
Boston.
Hxports of wheat, including wheat
flour, according to Brndstrcet's, wore
8,127,000 bushels for tho week, compared
with 9,061.000 bushels last week and 6,
143,000 last year.
BRITAIN'S TRADE REVIVES
AFTER FIRST WAR SHOCK
September Figures Show Notable
Gain In Exports nnd Imports.
WASHINGTON'. Oct. 10.-Gien. Brit
ain's commerco Is not sufforlng by rea
son of the war. This was tho announce
ment made today through tho British
Embassy which made public tho follow
ing dispatch from tho Foreign OITlco In
London'
"The Board of Trade reports thnt re
turns for September show an Increase In
all divisions of trade, aa compared with
August. Tire Increases spread ovor all
the main classes of articles, proving that
the trade of tho country has mado an
excellent recovery from the first shock of
tho ''war. The actual Increase over
August, In Imports. Is nearly 3,ncV).(KX)
sterling; the homo exports aie 2..7.ih1ii,
whllo Ihe foreign and colonial le-expoits
wero greater by .C7.tO.0ivi. The exported
naal ami military moies aie not in
cluded In the above llguies."
RAILROAD EARNINGS
IIOCKINO VALLEY.
Year cn'lcd Juno ."o.
inn Decrmsc
0ratlti;r revenue .. $7 ICI.H." $7nrt.4iS
Net operntinK tax.. . i,7i.ii,2ik; r,v,n:n
Surplus 73,761 .'73,lisa
MISSISSIPPI CUNTIIAI.
Year ended Juno SO.
Orosa SOI.-C.Ttt J?--' 70",
Net :Uiil,i(l'j 10,777
Surplus 1.11,117 W, l"l
Off for Trip Through Canal
Tho pioneer of tho Luckenb.-ick .Steam
ship Company's outward servlco between
this port and l'acldc coast polls via the
I'anama Canal, tho steam&hlp Harry
I.uckcnback. sailed today. The vessel hns
a largo gener.il cargo on bnaicl for do
llery at various points In California. But
befoio discharging this cargo the essel
will stop nt Ciistobal In the Cnual Zone
to unload 140,43) pounds of explosives and
01S.1 pounds of lead and fuses. This am
munition will be used in the protection of
tho canal.
PHILADELPHIA MARKETS
PROVISIONS
Trade elniv nnd larsely of a Jobbing diame
ter and market weak ftty beef. In bom,
ninoked nnd nlr-dilml, SOgillc., Western beef.
In sets, smoked. WifiSI.-. . iltj beef, knuckles
nn'l tendem, smoked nnd nlr-dried KPu.Cc. ;
Western beef, knueklm an I tenders, smoked,
.llu.'Ci. lt-r Iuiims. !S1?ll. ..irU. fiunlls.
'.VT in SO rump, S P lured, loom, 14lif)lAa;
(!".. Kklnncil. lm e, llVfilOt'., ilu . iln smnktd,
1(!H1i".ji . ollxr hams tmoke.1. elt cured,
aa to brinil nnd aerape Hl'vOITi.. hams,
einnked, Wesii-rn cured. lU'filTf , do., boiled,
bi nelens, 'ZltilW picnic shoulder, H I'
c urd. lnue 11VM.?, da., unioked, 1UI
Qllc brllleii In jib kle jicordlns 10 nver
ntfi. longn, IrtSJOUc Lrcakfant bamn, an to
brand and nernK. lt cur"l Vifr.'lc . bitnk
fast bacon. Western cured. JH1JSU . lard.
Wistern. refined. tlen.c. 101,11 lie , do., do.,
do., tubs, lutilli, lard, pure iln. kettle
rendered Inlltuo lOSlt. ! trd pure city,
kettla rcnilereu. in tubs. Ulfl r.c
REI-'INED SUGARS
Dull an1 un, hanged. Standard Branulated.
(1 iii4ii,5U . tine bruiiidated 0 SWTU.Sik'., pow
dered, ii. ISS'l'fc. enfi tinners' A. o.isg1
0 40c.. soft grades. A-liKjOSSi.'
DAIRY PRODUCTS
rili:i:M;. nuer minive.1 IUll Intereit.
and market wtnh New York, full-iream
chnlio, I.ViiliV.. do., cl'i , fair to good, 1S9
lo's". i do, pin skims, 08 tie.
POULTRY
I.IVK. Fowls
roivls. 15S-IT, .
uteidy. Chickens weak,
old roosters. 1'JOi:i :
nrinc chickens nciordinu to ouulltt. LIS
1uj dui.ks. l'i''il'ic , vulnuqs. youns. nelHtt
In ir 2 lb. and over nplixc. per laii, It , ilo,
iilshlns llOI"i lbs apiece, per fair, 0119
Mr , do , neighing I lb aplei e, per pair, Stte ,
old. per pair, MJi' , pUelia. per pair, IMtlti.
imUSSKD. I'lne deslrable-slsed stoik
Eretty ll cliuned up at full llsures Fivsll
llled poultry- Selected. hea"y. V'lc ; wtUhlne
Hafts lbs. apleie, VOc . do . 4 lbs upleui. lu'c,
do., i'i lbs. apiece. lnvtTiji., do. 3 lbs and
under, tStflt" . o'd roosters, dry nicked. I'lly ,
broiling chlckeni. neurbj, nelghlns 146- lbs
apiece, ZoDSSr do, neirby. ralr to fnoij,
liltilSc; chickens Western, 4 lbs and oor
.!. e. IKc ; da, do.. Ji lbs apleo1. fat, 139
tor do. do 2l5fj:i lbs npleie. 13i)lc. ;
l.i.dllnB chbkens. Western. UjfiS lbs. allege.
ITc , Hi. fair to goal. ISttlle: eriuabs, pr
doi. White, nclghlns 11 to IS lbs jr diu
MlUV'V'n nldte, nelghlns 0 te 10 lbs per
dos . ?'- T.'ifin U. nhlte, netrbing S lbs. Pr
dor $2 S.'i'qV 10, do do . T lbs per do ,
smssT do., do mom, ius tr do. $1233
1 3D, dark and No V. 60c j?l 10.
FRESH FRUITS
Olferlnjrs and demand boih modsrait
howed little ihange Apples. Ir bbl
ihjn. iaaa&o. Uienstein .'Sa&3,
Trices
-Jona-
Blusb.
Plnnin
.' J3C33, Tent-ouncc. Jlisy.',
SI I5tt-. other goo, caiiuc mrlelks. $1 7fi
-SO. medium. Jl&llo. crab. J1SU&3,
irub apples, per uumei Duicei. ti.wig
1.73. vpplss, Ddawaru and l'nn)hanU,
per liamiwr. SufJOc. Quiocws, psr bbl.
$','63.30. Uemumi. r bos, $.61- Uraw
(rult. J-'lorl.U. par craio, ti V)& I 30 liu
apl. per irate Porto ItUo. ;i SJS S3.
Florida, lies W- ' rberrl I'ape ivd.
Erly Blaik. per bbl , i.3!tfa t ranberrlea
rope Cod. torly BUkk. per irate I lifii
rrantwrrles, Jersey per rat.- Park ill 9
i 2.1 light J16 1 25. Pt4. he VlrvlnU. per
Jft-lti. basket W8.1lc , iln , do., per mid.
114176. ilo . DeLmjre and Mi-oland. per
bask. l34Suc do. J. p. r intti. JUit T.
pches New V irk an 1 lenn)IaU. per "
fcet Largo, ublu or iellow. Ki'Sfl medium,
40xc. : parhei. Jersey, vhtle or jsllow, Htr
S lukti -Ktra Urse. TSi (1 SS w- Hum 'M
&eitL. Fears New Vork pr bbl -Serkil
HW. Itarllett No 1 I OSS VI. do No 2,
I'7rr,: lturra Boa till '.VI Shel Ion tjn'i
B.urr.. i lalrkiau (I!111 Beune I'AnJ . '
Jj : ,i t .'1 Ou. h -I .' 2'm II 1! -' i
S VI . th r viiiln l-.'rJ ,ar lUrtleu
i-, ei r tuhel basket St 22 Urip.
i i i n md tt 8 1b bassm I3alS' ,
,i ri" I" lath-' t-'f' N asam fi 4 i I
i o g iioc lx-lawsres, ft 4 lb taxe I
- l oncorj. per exit. -10 n jo ,
EVENING LEDGER-PHILADELPHIA, SATURDAY, OOTOBEti
GENERAL SENTIMENT
GROWS IN FAVOR OF
RAIL FREIGHT RISE
Commerce Commission Be
ing Urged by Various In
terests to Permit Five Per
Cent. Advance in East.
General agitation Is being kept up In
favor of granting higher freight rates to
tho railroads. Tho Interstate Commerce
Commission Is receiving presentation of
vlows from investment Interests which
aro vitally conoornod in rcstorir.g pros
perity to transportation lines.
It Is Interesting to noto that one. of tho
members of tho commission which tho
Investment Bankers' Association of
America Is to send to "Wnshln on to
plead for tho roads nt 'ho rohonrlng on
October 10 Is Frederick Strauss, who was
n. member of tho Federal Commission
which Prealdont Toft appolntod In 1911 to
consldor tho advisability of national su
pervision of railroad Eocurltlco. That
commission, In Its report, pointed out tho
nceti oi larger lncomo to onablo tho roads
to sustain tholr orodlt and rnlso tho lm
tnenso capital sums required to maintain
and onlargo transportation facilities.
Evory argumont In thnt roport, say
rallrond inlorosts, nppllos with Increased
force to the railroad tiORttlnn thnt tnrtnv
demands consideration from tho Inter
state Commerco Commission.
Tho Railroad Securities Commission
was composod. besides air. Strauss, of
such men of promlnonco ns Trof. Arthur
T. Hadloy, of Talo University; Frederick
J Judson, Walter I Fishor, Bnlthasar II.
Mcjer nnd William 13. S. Grlswold. It is
considered of good omen that Mr. Meyor,
who was a college professor of high
economic standing, is now a member of
tho Interstate Commerco Commission,
Political sentiment Is today moro In
favor of the railroads than ovor boforo,
and that, It Is figured, ought to help the
case of the common carriers. Tho rail
road situation, oven under existing hnndl.
caps, begins to show eomo Improvement
Tteturns from ISO lending roads In tho
country to tho Washington board give
gross earnings In August nt only J3,700,0CO
under tho snmo month last year, while
reduction of operating cxponsos permitted
a gain In net of more than $3,000,000.
V. S. SECURITIES IN LONDON
Following are quotations for American
securities quoted In London on October
1 nnd July CO, tho closing dnto of tho
London Stock Exchange:
Prtca Prlco
N'nme of Ptoek. Julv !!0. October 1.
Amalgamated Copper W 44W I'i'i
A trillion Ill Ml J7
Atdilsun preferred HSiA ill US
Atclitsen ; bonds wn5 id mo
Atchison 1 ndjust't 2 Ro M
lliltlincre It Ohio Tn V) 71
rtiesapeakp 42 ST in
f'hliai;., Ot. Vrntern 12 S 12
hlingn, M. & St. 1 S7U 8." 7
ljenier Uj 1 r,
li'nver preferred s r, R
Krte 21 IRti iois
Missouri Kun. & Texan.. in R'i
Sew Y-irk Central SJtJ 70 1
Xotthirn Pacific lul'j 07 100
Ore -Wash 4ft 1-onfls 112 00 III
TtcailliiK 7rt'4 70 T.'i
Southern Pacific RO 2 R!
do 1CJ conv. bonds R7 Rl Rt
Poi:tliein inmmon 17j 11 1",
fnln Pacific lWf lOOVa 1KH2
do conv. bonds mil-, R2 Ml
V. H. Steel " I7ij isi,
do preferred 110'4 10J ins
nc riiildond.
LIVE STOCK QUOTATIONS
f'lllCAfiO, Oct. 10 HOOS Itccelptp,
Mini, market ."ic hlKhfr mixed nnd buuliers,
7 4r.?jS10 cood heny. J7 .V)lis.3, rouKh
liww 7 1."577 7.": lleht. !7.00'rtS (.-, piRn.
55 11107 T. bulk. Ta.1iS2,', CATTI.i:-n-eelptn,
rim. inurUet hteidv beeves, fcil7rTll;
eoa and helfern J1 7A9P.40. stoekers
and feeders. $.' 75QS.S0, Texnns, $7. PUD
yi SIlBni" Hriclpt 111(10: market strong:
imtUo nnd U'citrn, ?'!.,.0!Ji; 73: lamb;, S3 SO
C5 Wi
Captured Ship to Be Sold
Vseis of goatskins In this elt, who
have been watching with anxious ees
tho disposal of tho captured German
steamship Schneefels by a British prize
court, were gratified to learn today that
thn vessel will bo sold In order to fn
rllltato the delivery of her eareo. mueh
I of which is consigned to this port.
do . da, per 20db. basket, MOq .Plumi. .er
S-lb. basket, 2025c. Cantaloupes. I'olorndn,
per crate, l(ri.S0. dn., do , llat, fiuc OSl.
Watermelons, Jersey, per 100 $1023
VEGETABLES
Supplies fairly liberal and goneral maiket .lull
and neuk Whllo potatoes, per hu,li , Pcnnl.
aula. iiOfiiUc. do, do., N'oiv Yoik, riU5r..'ic
whit potiii'joa, Jeney, per bkt.. iiWIKc nnert
pntatoo. Hiihtcrn Slicro, per bhl , Xo. I, Jl 75
l(2 1.1 do. i'o,, ?;o. ", Tlcffsi. -.vxet potitoes.
No. th firollna per bhl No I. $1 TS'i'J, do.
do , No. 2. TScttsl. Sneeit, .Icmcy per hbl ,
No. i. JS VJffa.TJl; do. do . Xn L' fl.:nill 7.-,
Fnccn Jmj per bnskot liC0 Onions,
per buili 10l?IV ; rlo ibolic per Uhi.ii,
bap SI, on . medium, per luo-lb I or. Tliiim,-.
i alibau, Utinietlc, per ion illiiVJ I'ehn.
New Vnrk pei bum i l03S0c M ihiooms.
oer -t-lb. basket. Slfi4.
Ai'.urmiiN'i
THE TIOGA
Sample now ready, lfith and Tlogii st : r.
and 7 room housekeeping apurtment . larce
porches, modern In eer lehncit, mosi ,p.
slrahlH loiatlnn In North I'hlla.; comenlent
lo hoili train nnd trollej , open pxerv d ic
WORSTER & KRIDER
3.11S UEllSIANTOWN' AVC , or on Premises
n.r, i:s-i'Tn rnn i:t
I, n Kan.
S3700 S-1000 S5000
20TH & ONTARIO STREETS
Opposite Tioga Station
75 Trains Pailv
F.VINO PHOPOSED' PARK
7 nd 0-rooni houe. hsrduood rinikh par
iiueiry Qoors. hoi-ter heoi. fa-, kin hi n
lsundr. electric light Uigs atone port m. a.
Ion lud and US feel deep
EASY TERMS
Applv CHAS. I), LAND and
DANIEL J. RAGA.N
nriunns o.v PHEiiiMi.s
Or ALBBUT ii. I-ADNUR. Inc.,
AGENTS RTH AVU .Ul:i; STH
u
anil U'ultft) Av-o,
Roxborough
Rent $3
3 stories. 9 rooms and hath, elec
tric and gus light, steam heat, la un
do tubs, lars;e uitls. fiout ortti.
all modern Lonwnluiicos.
(I. V, & J, F. BOWKKR
1371 31l.N ST.. 31ANUMi
880 N. 23d St. $30
-li'lt I ) I ikiH hi 71
I 1- li nl M l IU."t '.UlJl T
Jl nl I I l'W l.U.AItl) WE
H. I. BENSON, 3342 Gtn. Ave.
SMALL STREETS IN
CENTRAL SECTION IN
GROWING DEMAND
Chances for Owners to Im
prove 'Property and Get
Better Returns Shown by
Developments.
The tnktng up of properties In the
smallor streets close to tho larger and
moro cxpenslvo ones on promlnont thor
oughfares In tho central section has ex
tended very much of Intel Illttenhouso
street, lying a short distance north of
Spruco street, was taken In hand some
years ago after It became almost Im
possible to obtain anything In "Uttlo
Do Lancoy placo" or Brldos' Itow, lying
between 21st street nnd 22d street
nittenhuuso street, from 17th streot to
18th street, or the enstorn boundary of
Ulttonhousa Square, presented great ad
vantages, and smalt dwellings wero al
tered and modernized, giving a most
pleasing effect. Today prices aro ex
tremely high for a small Btrcot.
Among sales tho following nro found:
Nos. 1713-15, sold April 7, 1903, lot lG.dxGO,
for $7G0O each; Nos. 1710-21, sold Fobru
nry 20, 1003, lot 15.8xC8, for $20,050; No. 1717,
sold Juno 3, 1007, 15.6x88, $12,000; Nos.
1703-11, Bold August 13, 1U13, each 10x60,
for $16,000, and on May 0, 1011, No, 1711
wan resold for $S750.
About thrco years ago, nlttonhouso
street, between 22d and 23d streets, enmo
Into consideration. No. 2211 was altered
into a neat colonial dwelling; No. 2222 has
also been greatly Improved, nn Decem
ber 1, 1900, 2217 was purchased for $3000.
It had a lot 1062, was torn down and a
flno colonial dwelling of four stories was
built upon tho slto. In this street, as late
as July 18, 1006, No. 2214, lot IGxG-', sold
for $3100. In this block It la now very
hard to buy nn unimproved dwelling at
doublo tho figure they commanded flvo
years ago.
Sansom Streot, botween 21st and 22d
streets, on tho north side, has for a good
many years contained n row of well
built modern small dwellings, which have
been In good demand slnco tho Belgian
blocks wero replaced by asphalt. Lately,
the demand has extended to tho same
street between 20th and 2tst sttfets,
where No. 2020 has been Improved by a
red-and-black brick front and modern Im
provements were mado In tho dwelling.
No. 20IS hns tho wide, singlo window
effect nnd is nttracttvo, and No 2003 has
been Improved. Sales In this block nro
not numerous. No. 2012 sold December 13,
1000, lot 15x30, for $3100. Nos. 2000-20"2 San
som streot were sold September 15, 1010,
with Nos. 12G-S-30 South 20th street, by
Robert C. I.lpplncott to n. T. Slotcsbury,
who has Improved the 20th street dwell
lng nnd Is now nlterliig the corner,20th
and Sansom streets. On March t, 1012,
No. 20i'i sold for $13.0. nnd November 2,
1010, 202.1 sold for $22,600, lot 30cl00, being
a brick garage.
Thus It Is evident that buyers nro turn
ing to tho smaller streets, where a grent
deal of comfort nnd the advantage of get
ting about quickly can ho enjoyed nt
modernto cost.
AirrcnATioN's and Timrn cost.
Alterations of small properties at times
deter a buyer nnd mako him doubtful
If tho result can be ohtnlned for example,
a house on a lot, say, la to 15 foot front
by a depth of 70 feet, tho dwelling will
bo found to go back nbout SO feet. This
can be Improved by a new front, new
bath arrangements nnd other simple nd
iustments, from SIW to $2W, including
pnint nnd paper Caio must he oxerclsed
to havo tho general construction ilono in
a way that will pteaso tho buyer, for If
nothing will do within the walls it Is
better to pull down at once
A fair proportion of rltv dwellers t,
ns long as possible, oeenpv honi, s rather
than apaitments This appeals sp.nllv
to ung couples nut lacing .m nf tho
tioubles of housekeeping
At'Aimiiivis
T
AWN
alii MPm-u I ISI I JillPPI 8111
Iii the heart oi the Beautiful MibuiKin Residence District of Oak
Lane. Five rooms and hath. AH outside rooms. Individual
entrances and porches. Finest in Philadelphia or suburbs for
the money. s5o per month. Come see them. Eighth Street
and 66th Avenue, Oak Lane.
C. E. LLOYD, Jr., Builder and Owner
until
nvrvri: rou i.i2
KOM lllllllt-
'In Beautiful
-rcgggaw i iLJ--1
btately Suburban Homes on Montrose
"Itt
Ave. between Old Lancaster
Road and County Line
ii?
jr It L7 I ui n , n
t f Wl K l it 1
. 1 1 ii f III l! '
S .!'... l hl H ! ' '
"Vp.V:,,., j, , J in i in hi mi-
-"i r j .-t I it i i
Ii rs ui it ih-
li i f mi h iin .im i in, r
tin (.! tt i. - - H , 1 ,. ;
i f tntii tru.i I. dill a 1 i
Ii iw ti. it I ih. '.itvMt
i uti iiTif tn (nu..4 ett
Fur full tiuriii
full fain,
iHKi.i.a
RIDLEY PARK
On iUdU' avftiup at ib lake. bw buaa
lou , 11 itiK ittning mUI K it haa 3 btrl-
rLwimd aril lath, rtxm t J :.t.i tn Mt.ond
nr , hu tta'ir h-at iaimiiv iMf'luood ta
ih tumx aitl ti t. Mht- - Uu .' I fla, ul'l
fchude l.iko vitw prti. U'MJ, mly one left
Onl $MH in tt a ui l Kiw uiinutea'
r1U ?rotu tittin 1M i !
E. L. MOORE
917 South 15th Street. Phila,
f.u?aii.
5300 NORTH CAMAC ST.
t Jiif i 1 1 H i-M Ulrfct !OJ
V - i" J ilu hln it Awnt nn ii tuiu'
M. M. SMITH
li ri ' til Mivttiitino
im mwi ii'j bj i Mjmawi.f wi
One thing that will havo to bo orer
como Is) the presence In tho smaller strcots
of stables, whloh wore used when It
was a great advantago to dwellers on
Walnut and Spruce streets to havo them
near nt hand, and boforo telephones were
In general use.
Thcso havo now been altered Into
garages, howover, and with tho present
facilities to movo quickly It Is not at all
Important to havo tho garago bo near.
Doubtless, with this vlow In mind, tho
streets mentioned could bo used entirely
for dwellings. Another consideration, and
nn Important one, Is that thero would
be less flro risk and better Insuranco
ratos obtainable If tho garages wero ro
moved entlroly.
A good many thousands of dollars have
boen spent In bringing up to date and
enabling owners to get moro rental out
of such small dwellings on the lesser
lanes of tho largo city.
NOTES OP Tim STItDET.
Plans aro under consideration for al
tering tho dwelling of tho lato Stephen
II. Fotterall, northwest cornor of 20th
and Chestnut streets, Into an ofllco nnd
storo building, nnd It Is only a. question
of tlmo when tho work going on nt 23d
and Chestnut stroets will meet tho busi
ness pressure coming west.
A largo number of land damagw cases
nro listed In tho different courts of Com
mon I'leas for tho month of October.
Sheriff sales this month showed tho
smallest ' number of properties for any
month this year.
Tho real estate market Is quiet. It Ii
expected to Increase In activity In a fow
weeks. Money Is badly needed, and Its
supply is rather limited. USSSOIt.
FOREIGN TRADE INQUIRIES
Addresses of foreign Importer making tho
Inqulrloa may bo obtnlned from tho Hurenu of
3'orolitn and Domestic Commerce, Department
of Commerco, Washington, D. C or Its branch
pftlces. Inquiry number must bo mentioned.
No. 13,930. Leather. An American
consular officer In Uuropo has transmitted
tho names of Importers who nro desirous
of securing tho names of American flrm3
from which to purchase chroma upper
leathers and heavy grado solo leather
sultnblo for nrmy footwear.
No. 13,921. Carbons. An American
Consul In Great Britain has forwarded
tho names and addresses of n number of
firms of electricians desiring to ho placed
In communication with manufacturers of
American carbons.
No. 13,922. Zinc oxides, dry white and
red leads. A highly reputed house In tho
United Kingdom has advised nn Ameri
can consular officer that It wishes to sc
curo tho names nnd addresses of Ameri
can mnkcrs of zinc oldcs, dry white nnd
red lends.
No. 13,923. Drugs and Instruments and
dyestuffs. An American consular ollleer
In Itussla reports that thero Is an urgent
need of drugs and Instruments In his dis
trict. No. 13,924. Drugs, etc. An American
Consul In the Far Iiit advises that hos
pitals want catalogues and pi ire lists
from American wholesale druggists.
WEEK'S BANK CLEARINGS
They Show Decrcnse Compared With
Same Period n Year Ago.
Total Clearing House returns to the
rinanclnl Chronicle for week ending rir
tober 10 (Saturday estimated) show gross
exchanges of $2,53O,037,S4.1, against $3,311,
100, 40S last year, a decreaso of 21 0 per
cent.
Following are the clearings at thn prin
cipal financial centres for this week and
tho btime period of a jear ago.
Drnane.
101 1 ion. IV
New York .$1.0:0,070.07 $l,4';o,L'2'.i,7r,2 :!1 I
nosion iiit..i.,ii.iii'j i"7.r,vj.:isi
IK
Jhllndeiphlrt. isi.wjs.f.vi i:i.-,,7i,:.7is
lO'.'
12 1
10 11
2.0
IJnlUnmro
:nh,w :u,i.,n,inii
:m7,sw:hu ,.,T0,.vis.a'i7
,v, uti 2S3 7n.vrn,n"H
is,r,s,icis in .'is.i.i-.'o
Chit ago ....
fit. 1IIK .
Now Orleans
BUYING ARGENTINE MEAT
Bl'ENOS AIRES, Oct. 10. Liberal ev
pmts of meats from the Argentine to the
I'nlted States have takn place during the
pant wool;, shipments amounting to 3I.'X
rpiarters frozen nnd chilled beef and COio
cnreasFOS lnmh, compared with llt.nnn
rpiarters beef nnd 10o0 eareafrsos, mutton
thn week previous. Slnee January 1
cle ii.mct u-'gii-gatc C31 tyfi iinaitii.s beef,
lu'iMni cinn-s, s mutton and 70 JM) car
ii. - lamb
1'ktmj:m
New Housekeeping
Apartments
J
it ii i. i:stti: run sm
l.iii iiintlt.
Rosemont"
I j lit
! vc-.t: i
t i .
M nr In
in i i
lUll.L
f lllri -tit nt Mil
ijlai - t.h Hi vti Imt l$
uIri -
ui iuM-;uiNl i
Iitm-rtil.
A New Operation
LOUGHRAN '"HOUSES
Jl l- I IKi: i HI- 111 TH V" W P BL 1LT
M fr"l II LV&T K Ml
See Sample Houses
4832 North Fifth Street
Price $4000
A I SO
516 Eleanor St Price $3200
Tlt li i.n h Inula all mini, in lm
pr.'ieiiL nt I , , i liunlr. el . trl
liChiN Ilu
'I U i it ihi th i hji
r ii h .-. j lnjarj ol
i - i
in nl.. th I
JJii i ioii-.tr
JOHN LOUGHRAN'S SONS
5TH ST, BELOW ROCKLAND ST
ON
I
J
- i
t
i
aa,
tXAiJt iyrezt i
i." 1'iin.j". trn-V
I " in -' UlJ t
" if li
TT'F'CTTr4- "
--rna f.j rr
ii ,T 1 1 mwr I t'ltf'Mi-'rT ,
- '-" U, ' .!'! Iliiwil wiiii 1 1 ii lis . ill
K
C
SB
mm
10, 1014.
PDBLIC-BE-PLEASED
POLICY IS AIM OF
RAILWAY OFFICIALS
Report Will Also Favor
Government, Regulation of
Street Car Lines, at Com
ing Convention.
Keports of tho Committee of Tubllo
isolations of tho American Khjctrlc Hall
way Association, which will begin a
five-day convention nt Atlantlo City
Monday, are awaited with interest by
members of the association and those
lntcrurban railway oflicials from nil over
Interurban railway officials fro malt over
tho United States, Canada and South
America will be nt tho convention. About
5000 delegates nre expected.
The Committee on Public Holatlona has
been investigating for two years to reach
conclusions as to the basis upon which
electric rallwnys should ho regarded by
Stato and Federal Governments and a
viewpoint for tho railways thomselves.
As tho association members nro tho
guiding hands In operating 36,000 miles of
street and electric railways in tho United
Htat'T alone, tho influence tho reports will
havo Is regarded as Important.
It Is known the committee hns pre
pared n "platform of principles," embody
ing ten propositions bearing on tho rela
tions of public utilities with tho public
HP. A I.
ISTATIl
Olne.r.
Oil SAM
1
It is
Hard
to win ur own homo The vletorv is a lasting pleasure Peforo
starting the light look oi-r tho battlefield well. Bo suro to Beo
Whelan's Olney Homes
On the Famous Wcllens Avenue Price $2300
o.r.Y a ki:v ok thi: i.Artonn nrmns lkft
Duncannon Ave., $3250, and Fifth St., $3650
100 INDIVIDUAL HOME SEEKERS HAVE WON OUT
COME JOIX THE VOLUNTEERS
The location is conveniently near stores, schools and
churches of all denominations. One fare to every part of the
city 5th st. car? pas floor. Tabor and Olncy Stations, P.
& R. Rwy., within 8 minutes' walk.
P. J. & JAMES T. WHELAN
p K. ffn r.Tir and risitnrt Avn. maoo North)
AGENTS n- pRHMTSns
Vt I'lillndrlphla.
IF YOU ARE SEEKING
r y
W'
IN A REFINED LOCATION
SEE PATTON'S HOUSES
57th Street Thomas to Whitby Avenue
fTUo hQt .r:K si ni "i t; vi-timoui: avrntki
Nin late rn nr h ! it r Iv.ir f-lfitrio Itphi parquptrv floors, oprn
flrplacffl, front uni Itat k hmimv i-- trB mr n pon hes , thoroughly modern.
PRICE $4700
All car lines rrosmnfr rth 8t. pas couth to flSth and Thomas ave. Just
one square went of properties.
ROBERT A. PATTON
r
1
W
BUILDER AND OWNER, ON PREMISES
NRWAND IINinilF. STONR
lrss.. ...M.kw,.' wUUw sj t
NASSAU ROAD wrr,
YONKER&SON
Real Estate
317 South ."ifith Street
on i:it nn; ili:
stores in jto,! I ui.h ey fractions.
ctelrilno ilvveilini In oud reel
Uetill ii tci ttonH.
.c iiiiiii'M) itii'K run
III II DIM.
lilt: iMiiuni:!) mm it. n i mil i:
m ii t uv Mihl:-i-'S
D!FrKHt.M ff.oT AMI r-IiHill PLAN
rl nvl , Hi.il .-K IS 1'11'l.A
57TH AND WHITBY AVE,
H. P. Anderson -u.fi; rV
i mi riiittr- Hiut toin
llllt s ,
lit ll.T lt Vil-Ri.S"
Christian St,
Clllll to u-Jil t.
linKirg frtrert ,n I'li'il lhl-l
H. P. Anderson !
'I W ..i
h A I 11
itenri.
I BOULEVARD HOMES
Vmniijiimuiiii hi .ii in i , j , u..i, i i ,,,,-,
i ' i m
MODERN IN EVERY DETAIL
I28Q0 $3500 $4QQ0
""'I'"" 1 mil .ui mm- n ii.,,.,.. j in ,.i .iiuii, , im...
TERMS TO
ifcttm: iu sun
jMHhU,T.li' -lVKr v" VMVlt'Uu. KIN.. THr.t T
south ir Uie Uuulai.J Di , snjuau- limn Uuuluig JVik jA
i in n iiiimiu ...I,,,, ii.., ,,,... ,, ,... .., ,, I, .,,, f
r tn.' ami ki HhtiiiK. all w,, , ,,(
-N.L.i "h;v;.- lhe ",;..." .,,;i 7 ,',, """
HART & BAILEY, Builder and Owners
; 15 T
and ofTlclrtt boards of control. Though
tho announcement of tho ten principles,
which represent tho committee's Ideas,
have boen withheld, It Is reported that
one of them will be nn Indorsement of
Stato regulation for public utllltte. This
step would havo been regarded ns radical
five vears ago, s'reet railway men say,
but sentiment today makes Its adoption
likely.
Among the other nine principles will be
recommendations for steps to carry out
"tho publlc-be-pleascd" policy, It Is re
ported. Randal Morgan, vice president of tho
Unltfd Gas Improvement Company, nnd
S. M. Curwen. president of tho J. O.
Hrlll Car Company, will bo among tho
Phlladelphlans at the convention Thomas
K. Mitten, of tho Philadelphia Itapid
Transit Company, It oxpocted to attend.
TO DISCUSS ZONE SYSTEMS.
"Zone systems" for street railway fares
will bo discussed by R. B. Stearnfl, vlco
president of the Milwaukee Electric Rail
way and Light Company. One lino of the
Milwaukee company has been operated
under tho system for a yonr, collecting
fares on a grnduated scalo based on tho
length of tho haul. Mr. Steams will toll
how tho plan worked In Milwaukee
Sessions of the convention will bo held
on Young's Million Dollar Pier. Tho
association has engaged the entlro plor
for tho five days of tho convention. Thero
will be morning nnd afternoon sessions
nnd dansants for tho ladles and members.
A reception on tho pier has been planned
for Monday night. Tuesday, thero will
bo nn Informal danco; a carnival Wednes
day night, nnd a ball, Thursday. Tho
convention will close Thurs3ay afternoon.
Thomas N. McCarter, president of tho
Public Service Corporation of New Jor
sev; K. V. Rice. Jr., president of tin
General Electric Company; Guy E. Tripp,
chairman of tho Executive Board of tho
Westlnghonso Company, nnd Col. T. S.
Williams, of tho Brooklyn Rapid Transit
Company, will bo among the prominent
men attending.
itHAii nsT vm roil sale
Olney
V
Not a
Battle
Most Philadelphia.
S
IV
A TWO-STORY HOME
HO WS r!'?;.l'y' .bbautifi-l
CKBI'.OOK SECTIOX
lV'n'rir Fuhurhun fon-
r i '' n nlth rity Con-
i l-n Hnuseg U3 feet
' -t Lou OS feet wldn
- .nn-elable conven-
lii been Installed to
il, rhpp houses "Th
1 i' Hon e. they really
"inl heat plant well
- ii n nMerinc; Is a
v t I 'cury.
M. ITKCIVVI, JOHNSON
1' it ! - on rremlnes. or
i' !' Lancaster Ave.
I h. houses may bn
h 1 ellh r ill Llated,
I north up firith it ,
hi i 'ais on Arch st ,
I' H H . eettlnt; ort at
' ' K Station.
Profit IN Real Estate
Ii i on wain to maka money, now Is
th. time 'ut npn dollar you can
lut- lm i re.il ektate. but do It ulst'j.
Then urn nunv rare bargains on t.io
market, as ll as some that only
InuU liko hursjatns. Ve malie n ep
lalts r lnktment real eutate, and
l'l n .n I bm.k of any proposition we
re. onimneil
If ion own property and aro not
ettlnr tlm return ou ihould, Ut us
rndtiaxe It for you We will maks It
rn nn it fjlr valuation or will not
h-irj you nnwhlne tor In manage
iiieni X Minr ao a eenrleman sa
uk l hoimen to managr Vt of them
v-rc vrtn.nt mom of the. time befoin
ffot i hem. Ker hoiif la now
ri-i.'nl Tho aerage rent p-r house Is
.'7i The dernife toet of re.ulrs
for ihU .ir has lnn .t the rate of
SIT H .r .m hum ,. r h u-e and lha
pnitli ore otm iiqjlni,- betler tliun
nl iin I Into tut Hi.- I.itt lli yrurn
I .v i j.,i i u t oneult uti.
ulu'l-.r iij iro mi.ri.if.l In rea,l
e tw . in lin-tnunt i r for a home
ltllt l(,lNM,s ,v M
Mum llilllmore Avenue
THREE CORNERS
wiiii run wk 1.11111.1:
Tho Improved Sunlight House
.rh ml U i I i v
H. P. Anderson .;;', '"'
(nil nit.
SUIT
kli.h.'i lii. I.,t totr" 1 fioi.ts Vl
jui- '" ....r... ., i
nil
.J
J
ftMWttiB
anfi!i ffl.ZZ3-1-" v '