Evening public ledger. (Philadelphia [Pa.]) 1914-1942, October 19, 1914, Night Extra, Image 13

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    FINANCIAL NEWS AND-COMMENT
MARKETS EASIER ON
PROSPECTS FOR AN
EARLY REOPENING
Partial Moratorium in Lon
don Expires Today and
Conference Is Called to
Discuss Resumption.
Foreign exchange was brought Into
gioilT prominence today becauso of tho
ob'tnclfa placed In the way of all es
corts except Knglnml, Franco and Spain.
Vo war Insurance can bo obtained on
shipments to Holland, Sweden or other
countries which arc supposed to have
,cii used as channels for German com-
Sterling exchange was weak with sales
of demand at JI.9J and cables at I4.8S, a
decline of 1 cent from closing prices on
l'rldnj Inst
The demand for guilders disappeared,
nnd exchange on Hollnnd win of. r ' n.
il N'o demand was In evidence for Ber
lin exi halige because of the refusal of
war insurance to countries outside of
those named.
MONEY HATI2S ArtH LOWER.
Cni' money was offered by some N'ew
York banks at 6 per cent, and time money
nt 7 cr cent. There was no urgent de
inanii. nnd It Is now generally regarded
M probable that thero will bo n gen
eral icduetlou In the rates on standing
lonns during tho week. The action of
the Com Hxchango Bank of New York,
In Binding out n circular letter last week
tailing attention to the changed posi
tion of various stocks,. Is now believed
to be In line with a new policy to be
adopted hv leading banks In the Wall
utrect district, and It S believed thnt
oth'r hanks have taken similar action,
hut In a way not likely to attract such
pronounced attention.
Thii Is said to, ha part of a plan to
rtiengthcn the loan accounts In antici
pation of discussion of tho reopening of
the Monk Kxchango. When Sir George
Palh returns from AVashlngton he will
meet a committee of governors of tho
New York Stock Exchange, and It Is
OKsumed that the reopening of tho two
exchanges will be considered at that con
ference, the Intention being to linvo busl
tiesi icsmncd In London simultaneously
with Now York.
TALK OF P.EOPENING.
Tlio partial moratorium declared ex
tended In London on October 4 expires
todnv, nnd the full moratorium In Lon
don ends on November t. It Is thought
that the reopenlngs of the exchanges -will
be arranged for soon after tho last
named date.
Trading In the open market was freely
dlcrussed In Stock Exchange circles and
It was asserted that a largo business In
listed stocks Is now being conducted
over counters of banks which should be
done by Stock Exchange members.
Names of banks doing this business
were freely mentioned nnd a spirit of In
flstnuro on some action being tnken to
prnvldo dealing opportunities was more
apparent than at any previous time Blnco
the Mock Exchange closed.
FINANCIAL BRIEFS
Ordinary life Insurance business written
In Pennsylvania In 1913 amounted to
J1S9.070.1S3, making tho Insurance In forea
JUa.joi 61S. Losics Incurred wcro US,.
632,tin, and tho total premiums received
amounted to ?ID,12J,365.
Several natlor.nl hanks In the South
from which Secretary McAdoo withdrew
Government deposits because they car
ried Excessive reserves and charged Kgh
rates of Interest on loans havo endeavored
to persuade the Secretary to rescind his
action. The banks havo written their
Senators and Congressmen and had them
vte their Influence to have tho deposits
resided In each Instance Secretary Stc
Adoo has stood by his original action.
Thi 753S national banks doing business
In tlm fnited States September 12 had
cash assets nmountlnc to !03.T07,3tS. a
deereise slnco Juno 30 of 63,367,614, ac
cording to a report made public Saturday
bv the Comptroller of tho Currency. Tho
banks reported loans and discounts of
J6,40n,7fi7ns'3 and Individual deposits of
JS.IK.'ftlSS7!. Their capital stock was put
at 11 0.S32,072. with a surplus of $724,
135,513 Tho assets and liabilities amounted
to Jll. 483,529,493. From June 30 Individual
deposits decreased 1129,611,159, but gained
377,7l2,5tS over August 9, 1913.
railroad earnings
CANADIAN PACIFIC.
Fe-onl week October . . . (2.2:0,000
CANADIAN NORTH RUN.
Sei-on.l week October.... 10.1,POO
From July 1 0,I2j.7O)
1" FKALn, IIOCllKSTBn AND
HL'ltOlI.
Feron I week October . . J2I4.32.1
From July 1 3,873.831
Decrease
11.072.000
ICO.B0O
788,100
FITTS-
S 00,692
3T0.1W
DIVIDENDS DECLABED
vy,. ivnn Itallway. regular auarterly H,
Jer ,ni n .ref erred, payable November 2 to
io. k f re. ord October 2J. "' 'niuer - 10
i 'i-.l i iKar ; Manufacturerr' ''ompanv, resu-
lar oujrierli IV. per cent, on nrierrri .;!.
Mr Jie -mber 1 to tlock of rernnl knx..
btr 51
Auinn Nirhola & Cn
luanerlv !. per ecnl.
Incorporated, regular
on preferred najabla
N .n.iier I llooke clone
Novifii.her 2
October 21, reopen
HtumlruHnir Tower Securities Corporation.
J?.';'i?P V,u"r'V 1,1 P' ,nt. on preferred
l" Nu ember lu to Block ot record Octol
,-''.'.?" n,,f."S. SII"lnff Comrany, Limited.
lfi'?. ,""L""!ly " r.ren,i" ryble November
in io ,c k t record October 31.
unit u i , mem Company, reeular aii,rt.,i
buyable N'o ember lit in mtnfi, ..
rn or i (
Uer :tl '
t., . an "''""aja Comranj regular ouar.
I , .'" ,enl u" Preferred, ratable No
x' H io Hoik of record October .11.
'i.rria houthertl anil Plnrlfln n.lln.u r-
pjn. i.uur imiannujl 2U ner tnt nn nr
and
" nd preferred. uMe November 0 to
f re. ord October 25
FOREIGN TRADE INQUIRIES
Villi .-ses of foreign Importers making
tju inquiries may bo obtained from the
Jiurcnu of Foreign and Domestic Com
inner Department of Commerce, AVash
""ton i) c, or Its branch otnees. In
Qurj number must be mentioned.
No. 14,022. Cannon. An American con-
uiar uiilcer lu one of the neutral Euro-
Ijt-an countries leports that a firm In his
ii. ttii tjesires to communicate with
AtiinicTii makers of cannon, especially
of 4 una 6-Inch sleye guns, and with
manufacturers of all kinds of ammuul.
lion
No. 14.023. Metallic filaments. A firm
in southern Uurope advise an American
cuimuUr olUcer that It wishes to 10m
Jnunkate with American manufacturers
i nmallic filaments for electric lamps.
No. 14,024. Phototype engraving, etc.,
supplies. An American consular officer
in the fcaet Indies reports that a, firm In
nla district desires to bo placed In com
inunkatlon with American manufac
lurcra and dealers fci materials and ap
paratua for phototype eugravlni and
uihojjraphlc work.
No. 14.02a. I i,mh.. , .4.i i.
A . Amcrkan conma.r olllcer In Europe
tin ,. , M,at I,0'tu8uge coinmlaalpn
" ' furnj-liina Ki.od retereinve. Ulr.M
. -.- ..... mii ,iii yuug,
anu?actaurePrC!e,,ta"V f Amerl,:an
I wanufacf,? '!prc!,,ta"v of American , SS"",,
w --... Maurtnl
I. .Llllll.MlllHt
$100 BONDS BECOME
VERY POPULAR WITH
THE SMALL INVESTOR
These Securities Make Pos
sible Safe Entrance of Man
of Limited Means Into In
vestment Field.
Until recently the only opportunity
for tho man of limited means to Invest
his money was In ventures of question
able nature, such as wildcat mining
schemes. Tho amount "sunk" nnnuatly
In these ventures' In prosperous periods
totaled nn enormous sum.
Willingness of the man of limited
means to Invest, If tlic proposition pos
sessed merit, or even if It did not. sug
gested a now field of endeavor to finan
cial Interests of the county, wtilch they
havo developed with groat seal. As a
result thero nre any number of standard
bonds Issued In 1100 denominations held
by small Investors throughout the coun
try. This movement has benefited the cor
porations In many ways. Instead of
their securities being held In large units,
centralizing tho control, It spreads tho
ownership and makes for n more Btablo
condition during periods of depression.
The company which has l-.a securities Is
s'led In this form does not find large
blocks offered for solo, (hm dletm-hintr
tho nnnlclal equilibrium of the other se
curity holders.
EMPLOYER AND EMPLOYE.
The fact that there has not been a
strike of large proportions throughout
tho country during tho present year Is
largely because present-day . employes
have opportunity to Invest their savings
In the corporations with which they are
connected, thus making a common bond
of Interest between employer and em
ploye. Of course, It has nlways been possible
for the man of ordinary means to buy
tho shares of the railroads and Indus
trials, but this did not convey, to his way
of figuring; any actual ownership In the
company. They were bought merely In
view of a rlso and sold quickly when It
arrived, and with It Interest In the com
pany ceased. With tho purchase of a
bond, however, tho Investor Immediately
experienced part ownership In tho com
pany and a permanent Interest In Its
affairs.
Tho small Investor has received a thor
ough education In the use of funds In tho
past decade. lie realizes that when ho
put ins money In tho saving: fund and
received Interest on It at tho rato of 3.(55
per cent, per nnnum this same money
was often Invested at A and S per cent.,
and In some cases ns high as 6 per cent,
in bonds which ho could not purchase
because they camo In units of J1000.
GETS LAHQEIl INTEREST.
With tho advent of the $100 bond tho
samo opportunity Is presented to him as
to tho Institution, and ho Is enabled to
mako the difference which hlthorto wns
gained by his bank. A favorlto form of
Institutional Investments has been mu
nicipal Issues. Even these are now Is
sued In smalt pieces, and at the most
recont sale of bonds by the city of Phila
delphia tho man with J100 wns given an
equal, If not a greater, chance than tho
larger buyers.
Tho interest In "baby bonds," as tho
$100 units nre termed, has also been of
decided advantage to Investors, as well
ns to tho corporations of the country.-
It creates a desire for a competence
which money lying idlo In the bank
would fall to etlmulate, and the arrange
ment by which they can be bought on
the Instalment plan opens up an oppor
tunity to Invest money advantngeously,
which promotes and develops tho saving
Instinct.
Wth tho small bond dally Increasing
In favor and the scope of Its Influence
broadening, class lines are fast becoming
obliterated, with tho workman rapidly
entering- the capitalist class.
With tho rich and poor alike Interested
In the material progress of the country
and with each feeling the responsibility,
perhaps this Is a more satisfactory solu
tion of the matter than the hay dreams
of the savants. BROKER.
PORT OF PHILADELPHIA
Sun and Tides
Sun rises.
0:14 im. Bun acts...
8:17 p.m.
1:38 p.m.
8:37 p.m.
... . riuuAusu'tUA,
High water. 1:15 a.m. I High water,
Ixiw water.. 8:23 a.m. lxw water.
ltREiiv im.iNn
High water.!0:27 a.m. High water,10:31 p.m.
I.ow water., 4:41a.m. I Low water,. 5:18 p.m.
High water. 7:48 a.m. I High water. 8:11 p.m.
low water., 1:20a.m. Low water.. 1:63 p.m.
Vessels Arriving1 Today
filr. Havertord (nr.), Liverpool,
and merchandise, American Line.
Washington avenue nt 0:30 a. m.
passengers
Docked at
Motorahlp California (Dan.), Copenhagen,
merchandise, Scandinavian American Llns.
Htr. Minnesota (Nor.). Port 'Antonio, fruit,
Atlantic Fruit Company.
Str. Clbao (Nor.), 1'ort Antonio, fruit, United
Frtitt Company.
Htr. Mackinaw (Br.), London, Atlantic Trans
port Uno.
Str. nrtjhton (Dr.), New York, ballast, Jo
seph C. Gabriel.
Btr. Om (Nor.), ere, I Westergaard & Co
Str. Mentarea (8pan.), ore, Iluelva, U Wes
tergaard A Co,
Ilk. Donerag (Nor.), Monte Christ), Wesen
be re & Co.
Schr. Florence M. Fennley, Havana. S. P.
Dlackbum & Co.
Steamships to Arrive
PASSENOEn.
From. Date.
Palermo Oct. 13
rnEIOHT.
Name.
Ancona
Mlssourlan .
Heeperos ...
Caprera , . .
Klruna
Ituby
Ituseppe ..
Juno
Abrahamson
fnnton ....
....JIUo
, ...llombay .
,,.,Oran
....Narvik ...
....Olbraltar .
. . . .Oenoa . . .
....Plymouth
....PI) mouth
. ...ClirUtlanla
Sept. 20
...uct. S
0t. S
Oct. 4
....Oct. 3
Oct. 8
Oct. 8
Oct. 8
....Oct. t
Oct. 10
...Oct. 15
....Oct. -
Oct. 10
...Oct. IT
Date.
....Oct. 10
Oct. 21
....Oct. 24
...Nor. 3
....Oct. 19
...Oct. 24
....Oct. 2
....Oct. 2S
....Oct. -
Noorderdyk
Jtotierdam
Manchester Exchange. .Manchester
Argo Trinidad ..
Stanford Immtngham
Maine London ....
Steamships tp Leave
PAflSENQEn.
Name. For.
Mongolian Olawow ..
l -aliform. Copenhagen
11m erf ord Liverpool ,
Ancona Naples ....
FREIGHT.
Rapldan
Manchester Miller
Mackinaw
Crown Point .
...Lelth
...Manchester
...London ....
. . .London . . .
Canton
Vhrlstlenla
Vt t'olnt Lonan .-...,. .Nov. 11
TORT OF NEW YORK
Bteamshlps Arriving; Today
Nam. Prom. Docked at
c-ameronla Glasgow S a.m.
Touralae !! a. in.
Mlnnewaska Hare 8 a.m.
Steambips to Ball
Name.
Bergenstiord .
8an Ougllelmo
lladonna
Vac.
Date.
. Oct 20
..Oct. 20
. Oct :u
Oct 20
Oct 21
. . . liergen . . .
. .Naple ...
... Naples . .
liordeaux
IJierpool
.Qlasrow
..Liverpool
California
ofympio
Oct, at'
Oct. 31
EVENING LEDftEE-PHIKADELPHlA, MONDAY, OCTOBER
WHEAT OEENSJIRI
AND PRICES AKyAifCfecOPTG U, S, CONGRESS
IN CHICAGO MARKEI
, .'', ;
Fairly Good Speculative De-
mand, With Liverpool
Market Strongi and Export'
Demand, Still Urgent.
CHICAGO, Oct Is.-Wlth. the marked
mand still urgent, Wheat ooehed hrnr
today wlth-prlc'cs lip 5t'o,i. Thero was'
World's .shipments forihe ?eek were
small nnd'-mostly f roirf ,lNorth America
Tho exports from North', America wcflt
4,923,000 bushels, of . which -the United1
Kingdom obthfned 3;i72.cW bushels, Franco"
I-nnu I.. ..u.i. . .'J '.'A .J, '.' .'."'
uiv.wv uuaneis, ami Anvw.crp- iaj,wv . uuu
ets. Canada shipped 1,313,000 bushels of
the total. There -was a nqtlceable scarcity
of offerings of winter wheat at Liver
pool, and the Ugh rlrlces for both wheat
nnd flour there arc chocking business.
Good rains have fallen' In "Australia., ho
stock at Liverpool rvas, -4,612,000 bushels;
a decrease of 131,000 bdsheMs'fot1 the wel..
Corn was affected by better, wcatlior
and featureless cables, 'ThV market
opened a shade easier, but later rnlltad
Trade was moderate and offerings vvere
light. Tho weather In Argentina has Im
proved and Plato offers, nt Liverpool wero
heavier. The -tpck of corn Irr.Llvcrpodl
In 1,900,000 bushels, an Increase of 140,000
bushels for the week. Worlds shipments
for the week wero 19l,000.-bushtls. ,,
Oats were stronger" nt Hie opening, but
sold off on considerable scattered selling
pressure. Later tlio market rallied on
fairly godd' buying. -Word' shipments
for the wveek wer.o 1,969,000 bushels' .
Lvadlnr fotufc" ranged as fellows m5 , V
RatirrdAV"!
"Wheat Open. HlKh. 'Lnw.. cpe.i
December .JH l.IBU 1.144 UU'i
May :, ... I.ZOH i.si- wnivt Ji.uis
iiiy i.-i
Corn (new delhery) '
December
atj;
?of ?o"
07T4
Mar ....
Oats
December
May , ;...;
Iird .
October
November
January '.
Itlba
October
January
Pork
January-
Did. tAiked.
lliv,
.41)'!
S2V,
70'
a-.;
....-id. 1ft
lo.iT, io.no
0.S3 0.07
.... tl.Ot)
tr.-M 0.72
IS 45 18.07
.in. s.i
. o.po
I0.2.1
0.00
. 9.07
,,18.SS
0.67
18.SS
NOTES OF THE RAIL
The Clayton anti-trust bill Is expected
to force a number of-chahRes1 In tire-directorates
of tho Pennsylvania nnd, the
Reading, In order that tho railroad com
panies may divorce themselves from of
ficial or other connections with Indus
trial corporations.
Proposed changes In the classification
of express, charges are.-to -be the-subject
of a hearing before tho Interstate Com
mission Ori October 30.
That railroad economy means moro
than so many empty' words and that It Is
being practiced by tho big roads sys
tematically wherever possible Is shown
by ono of tho methods ndopted by tho
Baltimore and Ohio Railroad In sending
mall matter ' between departments over
the system by train service. Tho road
has adopted .a. form of'cnvelonn wchlch
Is not to bo Healed and containing spaco
for 12 addresses. When mall Is received
by a department Its address 'Is struck
off and tho envelope saved for further
use. In this manner nn envelope was
received in the vice president' office on
Its 12th trip after having traveled -20,000
miles.
LAW. TALKS ON RESULTS .
OF BANKERS' CONVENTION
Nevr ' President' of Organization
Speaks Optimistically of Work nt
Richmond.
William A. Law, vice president of the
First National Bank, who was elected
president of the American Bankers' Ao
soclation at the convention-of? tho or
ganization In. Richmond, Va., last week.
was at his desk this morning. In speak
ing of the convention, Mr. Law said that
It was smaller, from, a numerical-standpoint
than usual, but tho Interest dis
played by the delegates was extraor
dinary." The delegates at the convention, said
Mr. Law, were- chiefly Interested, In the
new banking, law, and many addresses
were, mada Ojn the new act and there was
much discussion of It. ...
The first, Opportunity members of the
American Bankers' Association had to
meet Governor Hamlin, of the Federal
ueserve Hoard, was at the convention,
said Mr. Law, and they were very much
pleased with the cordial desire, expressed
by Governor Hamlin of haying the Fed
eral board co-operate In every way pos
sible wlh the banks and bankera, . .
During his absence Mr. Law was ejected
treasurer of .the Executive Committed of
the Philadelphia "Buy a Bale of Cotton"
movement. Mr. Law said that he had
not had time to look Into the work being
done by thp Philadelphia committee to
relieve the cotton situation.
FREIGHTS AND CHARTERS
Inquiry for grain and transatlantic i,.
keep, the .loam market brl.k f Uh rate, "w.fl
supported The sail market Is'atlll atainar!
with no promleo of Improtement In i?(
Brlghtort iNor.). .Philadelphia ,to Bcandin.
lan ports, petroleum, 0oc5 barrel., pJ J;
terms, prompt. """
Bellta (or.). same, 800 barrel..
Nurrlma (Dr.). lialrtmore to rnj.
;
20.000 quarters, 2. ad., October "
i-anion inn. yuii io picked ports Ilnii.i
Kingdom or Uintbiant. grain. fl8.00O.quarter.
3. 3d., opt on French Atlantic porta 3. id
Marseilles. 4.. IW . or Genoa 4s' 3d.. Noem
ber. lladmtnton (Br.), same. 20,000" quarter. ,,
tlon Ktance or Belgium. V 10J,d . Mar.e'lIUs'
4s Hid., or Oenoa. 4s. 4d. "u"'
KlngHewel (Bn), anie, 30,000 quarter..
lledeburn (Br.). 2l7T ton., tran.atlan(i
trade, ono trip on time charter, ba.lt .boi,?
7.. 6d.. delivery north of Hatteraj, Ootober
Hardanger (Br.). lS2d ton.. Savannah to
ITnlted Kingdom, cotton, etc.. 27s. 6d.. Octob.V
Eemdllk (Dutch). 1S70 ions. Qulf 'to niv.e
riatte. -lumber. 110... early November; ",v,r.
BANK CLEAKING?
Bank clearing, today compare with eorre.
spending day last two years "T
lOt-r- 1013 ioij
noston . 20.0B0.472 J22.SM.727 127 asi
Hilladelphla.. 24.020.301 24.37I.W4 23. 109.873
THE MONEY MARKET
1'hlUdelphla ' rf'1-
New York il OS
Boston 6 gs
f'hicasa - .j .. jt
Time.
7
l'hlladelphla-Oommerelal paper, three ta .1.
months- maturities. 7J7b per cent u
NEW YORK BUTTER AND EGOS
NEW TORK. Oct 18 nutt--Mark.t Una
receipts. BlfO package.; Crea.mery.atrV. a?
higher .coring 32V,c ' ra, J2
Kgg. Market firmer receipt.. a2TT ea.
Freeh, extra firsts. 3a62c. fr.s m..:!
. ------ - -....,
COTTON PROBLEM IS
!: SAB ttQV.-.O'NEAL
... , ,.V7 -4 'if.- t-v 'i
AlabarriaExccuhve'Declares
,' ;WKt)Ie$J&tion Is Affected
W'VtatrtMi'tVix? rv io t'ri.nf rnticrre
'must 'fc'ev5 'the South of the peril ,,ln tho
Jotloh' sfilfpjus, "In vlow"nf,the fact that
fte 'cotton -'fsltua.tlpn Is not merely local,.
.tiUtj$crfoI1ty;.alTeteta the whole rmtlon,"'
', Jfltbtglst ofnn appeal mad today by
loVierVror' K,mrrrct O'hfenl, of Alabnma.
'Afttfrpblnthig out that the trra,rkots for
.iotm.ctflcfj agricultural product" are
tosed hltridst as absolutely ns If the ports
tlfr the Hatldn wen? blockaded -by art 'n
yrfdlHft fo.ijii'ho added:
"U'see;ns to me' that n, practlcAl plan
.qt.'rellef Vhlch can beni'ade immediately
available- Is the plan outlined by Festus J.
iW'atle), .i-tuitlfcli, I understand, has received
the ' np,p'rova of tho Secretory of tho
Trcnsllry, and of hp Federal llcservo
.Board.'
. '.'If. $150,000,000 could bo sqcured to bo
'.used' lirimedlately )n loans upon cotton
to .thee-xtcnt of 6 cents a pound, abou,t
.B.vOO.OW'b'ales could be retired from tho
Wmrket, 'which, with tho ctftton that Is
how IJelilg held by those planters, mer
'chantsviind bankers wild. do not require
financial aid, a price Somewhat .commen
surate with the cost of production. could
bp obtained for tho-'crop.
"Tho high prico st foodstuffs, realiza
tion bythe South, for the first time, that
cotton Is not always a rash crop, and
unwillingness on tho part of banks and
merchants tn mnkn tiftvcinnriv .In thn fit.
ture, will neccs'sar'lfyourtall cotton acre
'.HBo jind 'production In 1915.. .,. .
f "There "Is np reason -.wTiy Congress
should not at oncoipaas-a general ware
house bill, as- w61IJas'lrloreaae'the amount
of currency Inouf; natrdnat'.Uinks 4valla
bio for loahs upon warehouse receipts
as collateral," tf " r
V ' n . - .j-
.PHILADtfeHIA Itf ARRETS
', . . GRMN AND FLOOR
WHEAT. rterelntn. Hl.r.n4 hu.hTh mar
ket, was llrm' and awtWo. hlgner. with a' jtooi'
eAiniit iiiiiuir. .yuoiuijons. war loiffy n c'
port elcvatoi-No:ri red"i .spot nnd October,
J1.163U4) No."Z rccrtvestern, f1.16Q1.10rN.t,
fcNortherri Duluth,' tl.S.lSI.20. ',
C'OItN. llmelptn. looo, Ush- ,Tha' market
ruled Arm with, a fair local trado demand, Quo
tations: Car Iota for local trade, as to location
No. 2 yolltw'82G825c.; ,teamor yellow, Wi
4?S2c...; -, , ,Sr Vn
OATS.i-ltecelptif.'- lff.B04 'buah.BuDplle
wero; moIerate and TNc.es ' crs. So.: hither,
buUtralo-aa q-utet. IJUotatlons: No. -2 White;
r.:tfS2J4cv: standard white, .1t'.4B2e. No. 'i
while. 00!451Hc.
FLOUIL llecelptu, 2023 bbj., 2.111.487
lbs. In sacks. Trade rlow, but mill limits
steadily held. Quotations per 100 lbs. In owl
Winter clear. t.nost4.8.-.i do...-straight. $4.1.0
.1.10; do.; patent: $S.25'gO.0O; Kansas,
straight. Jute sacks, $u.l()S'5..1.1: do., imtent.
Jute sacks. J3.4O113.0.1: sprinc, first clear. J4.7S
.": do., straight. 3.10,1.40i.dii., patent. S..VI
lan.lsr do., ravorlte brands, JltflO.CO. city mills,
choice -.and- fancy patent, jntJO.sOi city mill,
regular grades Winter, clear, JLOOCLSr.: do.,
straight. 4.POO'.'l.l.-i: do., patent, s.1.S.ltt3.Gn.
ItVJG rU)UIt. Dull and unchanged. We
nuoto nearby and Western In wood at J5'S0.30.
PROVISIONS
Trader alow and largely of a Jobbing
character, but pricea steady. Quotations.
City beef. In seta, smoked and ntr
dried. HWUc; Western beef, In seta, smoke 1,
SO .11c, city boef, knuckles and tenders,
amoked. JLUdoalr-dtred, ll6ja2o.; Western Leaf,
knuckle nnd tenders, smoked, rtlil12c.; beef
horfla. fSfflOi pork, family. $2rS2u..'iO: hums,
H. 15. cured, loose, 144913c; do., skinned,
loose, 1HMP13C, do., do., amoked, lUBlOHc:
other hams, smoked, city cured, ns to brand
nnd average, inm?17c; do., amoked. West
ern cured, 10!41fl7c.: do., boiled, bonclesi.
21624c. i picnic shoulders. B. P. cured, loose.
llfi'Ol.-q.; no., smoked. 13HS I4c, helllcs. in
pickle .accqrriiaij to averngr, loose. lClftOUr. :
breakfast bacon, as to brand and average, city
cured, 20021c; breakfast bacon. Western
cured. 20821c,; lard, Weatorn ,rcfVcd. tlerrei,
10ijfl)iic.; ,ao.. do , (o.-, tubs. 10llc: lard,
pure city, kettle rendered. In tierces, lOHfill.-.,
lard, Pur "y. kettle rendered, la tubs, IHf
HWc
BEFINED SUGARS
Dull and prices reduced 23 points. Quota
tions: standard granulated, OOSc. tine granu
lated. Oc: powdered. 0.10c. confectionera A.
0.00c. ; eof t grades, (l.l5flB,7Sc.
DAIRY PRODUCTS
C'HKESK. The market firm with demand
absorbing jtlw limited offerings'. Quotations:
New York, rull-cream. choice, IJViSlSVac; do.,
Jo., fair to good. 14"4lSc ; do., part aklmsj
oinc.
HUTTKIt. Fancy goods pretty well clean
ed up at full figures, but medium grades dull
and'v,eak. Quotations: Western, frtuh. solid
pocked, creamery fancy, specials, 34c; extra,
82c; extra firsts. .lOtjHlc: firsts. 2RBic,; sec
onds, 2C5J-27C.: ladle paoked. 21023c, as to
quality; nearby prints, fancy, 33c. do., aver
age extra. !12tf3c; da. firsts, 20e.11c; do.,
seconds. 272S. Special fancy brands of
prints Jobbing at 3t)&mc.
E4H1H. Ilecelpts f frne- new-Ialdr eggs
light and market firm unde,r a good demand.
Quotations: In free caies. nearby extras, 3.1c
per doz, ; nearby firsts, xn per. standard case:
nearby current receipts, S.108.40 per stand
ard case; Western extra, f)ra(s, $11 per case;
do., flrstH, $S,1098.40 -per case; do., second.
fl.OOgl.0O per case. Candlod and recrate.1
fresh eggs were Jobbed out at 37809c, per
doz., as to qualify,
POULTRY
J.H E.- Quiet and without Important"
iiiuunc wuuiuiiuna: rami, xvrri.w, , exvep
tlonal lots higher; old roosters. l!M2a. ,- spring
1801
welg
"""T" i.-uhii i utMivL Wiji.DC: nuCKL
14c.: getwe, ismic: rulneas. younr.
weighing !t lbs. and over aple. per pair. 70c:
do..
.feigmpg 1HB1H lbs. apiece, per pair.
MiirtBC ; uo neighing 1 lb. apiece, ner pair
tn njtioriinB i Ik. i. .
r.oc.; old, per pair, M)c. pigeons, per pair. 13
Uliw.
lKKSSED.--pemand equal to the limited
offerings of Oealruble stock, prices of which
wero steady. Quotations: Fresh-killed poultry
! !. per lb., "elected heavy. Sle , do. Height
IPS 4,1QZ Iba. .apiece 20c , do. 4 lb., npieu.
ifHie . do . 3", lbs apiece. Iliffl7 Uc. . do, 3
Its. and Under, 13Jl&', old roOstere. dry pick
ed, lawc. r broiling chickens, nrarby, weighing
lHtja lbs. apiece. ff?2c.: do., nearby, fair
to good. 161lSc ; chickens. Western. 4 lbs. and
over apiece. lSc, do do.. 8V, lb., apiece. fatT
151c. do. do. 2B3 lbs apiece, 1314c
broiling chickens. Western. Hv32 lbs apiece
17o ; do., fair to good. 12014c: squabs; per
doa -White, wetghln il to 12 lbs. pep do,
M.03B4.2R: white, weighing 0 to Io Itn. per
dos . li.7.VjS3W; white, neighing H lb. per
dm , S2 22.S2.40. do . do . 7 lbs per dos , 11 75
to'l. do . ifo . 884 lb rer dox. II 2jWm
dark and No. ?. 60c Oil 10. "!.
FRESH FRUITS
Cranberries -dull and weak.'
Other fruit gen-
e rally stead) Quotations Apples.
jonatnaA. a J 00. Oravensteln, 2tfs 78.
Ulijsb, 2.'n2.73. tvventy-uin.r. ,, ,.if-2 jj" tJ. .
per ddi
S'"U ''?-'f,'m,l-8IW. -Iher
taakei,
Jon.
Ai'iuei. I'emwaro juw renniyiunm, per
t t f t. 4j sj v ue.. cav
emona, ir box. Uii4.
per bbl
t1 IMl
. llorldu.
Urafietrult,
per crate. 12 5tM-tBU Pineapples, per crate
I'orto Illco. 1 2Sa 25. Klorld.: IUJ2.M i.
borries. Catw Ced. Karly Black
er bbl s.1 pji
04. do, do., do, per crate. 114
.40 I'ranber-
I'tHftia. 's-
rlcs. Jersey, per crate, IK
glnla. per 20-lb. basket. 4&H7Jo . do . d,,' V
1 ai.
crute. tlltlV-. dtf. Delaware and Wan .tY
rr baakttt 45a!Oo.. do, do per trala tit?
do.. New York and Wnnnli.ni.1
baaket. large uhlia or ycllo,, tiu.- un ' ,,
dlum. 40300c. Ptar.. New YorkTiSr obi-
per
No. 2. Ja.V)i5t.v ll.urre Ho.c ia.?W. Shel
don. 4U3. lleurre Clatrgeau, a iWa iu
iieurre a Anjou. i sojra ss. uucht.s. ill ajii
3 23. Howell, fib
ou. other arlellea. 'fjai.T
Ptars. Bartlett or Seck.l
II XXI'
I 2tJS. Orapes, New York-Voncoru. per".
iwk.t. 13SlSc. do. per 4-lb. ba.keL 8(0o
Niagara, per 4-lb baset. .SfllOc.. D.ul;..'
bak'
Nlag
tt 1.1b. baa!
f 4-lb. baaket; 12016c Uratpea Concord V
v.m.v, v-w." . vw. w . .
nva... IrUfrJ k. Ar tn .
"ttr&i&fb.S
ir 111.. ma rmf H.iK Kalr..
loupe., colowdft per crate.. JJ1 f50. do i ,iJ
rials. 3e7S. Watermelon., jYr.ey, plr i'rJ
VEGETABLES
Dull and weak to Mil with fairly liberal of.
.ring.. Quotation. Whit, potato. perbu.h -P.nn.ylvanU.--7i5st3c..
N.w YorkT W53c ,
whlta poutoe.. Jersey, per ba.ket, SJfiHS?
weet potato... Ea.tern Shore, p? bbl Vo'
1 1 756-J.:a: No. 2 7iSc tl. '.weet "ut2
N. C. per bbl. -No. 1, l.7i,2. No. 3. TOc l7l
sweets. Jeraey. por bbl. No. 1, 12 C032 is '
2. .60.17. .weet.. Jerwy.pJcbask.t4SH
Er ii.'H'A1' """. per lOO-lV
bag. T3SOOC Cabbaaa. rtnrn..l. V.,, ; tik
0. CelKV Ne- York, per bunh. io!?
MnshKOBa.,per 4.-lb basket, .lloyi.OO.
hy.m;x Southern Stringency.
',-prger-an Immediate Loan.
1- r, . . ia i
'V
1B0: Crab. 4ti4.00 Vrab nnl. .. J...I'
Icet. (1 BOtl 76. Apples, Western, per boa
athan. ltit M. iiiime.' llolden, Jhil w
ham
ADTO CLUB TO
HAVE CUP RUN
ON NOVEMBER 8
Philadelphia
Will Offer
Organization
Fletcher
Trophy in a Blind Chase in
This Section.
Tho Fletcher Cup Ilun. nn annunl event
Of tho Automobile Club of , Philadelphia,
will take place Sunday, November 8, It
was postponed last spring; owing' to the
great number of events of various kinds
taking placo In (May and Juno and also
bccaUBc tho roads are far better in the
autumn and the country and weather
more delightful. This will be the tenth
contest for the "Cross Country Challenge
Cup" of the Automobile Club ot Phila
delphia. Tho. featuro'-orlglnnted In 1903
when if. Bartol Draxlcr presented the
first cup, to becomo tho permanent prop
erty of three-time winner.
The Hraaler Cup was won In 1905, 1908
and finally In 1909 by O. 13. Fletcher, who
then prfercd a similar cup to continue the
contests. A.lan Corson won a log on the
Fletcher Cup In 1911, the following year
the contest was won by Charles Moller.
Tills will . be the third contest for the
Fletcher Cup. Originally the event was
a speed raco and endurance contest. Now,
ns a legnl upced limit run, it Is moro of
a test of the skill of tho driver and a
demonstration of the proper condition
of the car nnd Its equipment.
Any member of the Automobile Club of
Philadelphia or one of the member's
family may compete, but no professional
driver will be allowed. P. D. Folwell,
chairman .of the Contest Committee of
the club, will havo entire charge of the
run, which Will be over a course about
50, miles In length. A luncheon will bo
given for" tho contestants by the. Auto
mobile Club at" a prominent club about
an hour's run from Philadelphia.
Rules of tho run are unique and a
thorough test of the ability of the driver,
who will be required to keep his car at
'the legal rate of speed over various
stretches of road, tho contestant not
'knowing tho distance traversed. Speed
ometers will be entjrcly sealed, showing
only the miles per hour dial and not the
I jajMBBMTBBBBMRiS BTjJjBtf8ff!tf-3yT
19,
1014.
number of miles covered. An Interesting
course lias been selected, with frequent
changes of the legal speed limit from
12 tr 24 miles per hour, nnd contestants
will havo to keep their cars continuously
at the designated speed.
PERSONAL TOUCHES
IN SPORT
Tho "Green Goods Grocer." That wni
Bill when first ho climbed a pitchers' hill
In 1893. The cause of all that nam abuse
wns he'd been born In Syracuse -where
green goods grocers thrive. I don't know
how Illll fared ns clerk, but when It camo
to pltchln' work Toronto liked his stuff.
Ills ol' right arm was there, that's nil.
For 15 years he pitched good ball before
ho lmd enough,.
Uc opened up Ills big league run In 'OS
In Washington before the Hlg Han war.
He pitched all 'round the baseball map
an' kept Home Al shoots on tap to mako
the batters toor. In Boston couple years
ago his ol' sap stopped Its ready flo.v,
base hits began to sprout. Cy Young, his
running mate, had quit, so Bill Just maJo
the best of It an' let 'em count him out.
Bill hasn't left the diamond, though,
ot Bill. He's hopln' ho can go nnotlier
15 years. He's umpln' now on .lohnson'i
wheel nn' llstenln to kid pltclinrs spiel
their kicks Into his rnrs. The Grnfii
Goods Grocer gives full weight on strikes
that come across the plate an' finds tho
business fair. Tho baseball diamond !
his store an' It'll be tome time heforo
you'll fall to find him there. Copyrighted
by A. M. Corrlgan.
McQRAW TO MARTY
"Backward, turn backward,
O'Toolo, you're not right;
Back to the Pirates:
(let out of my night!"
And he did. Marty has gone back to
Pittsburgh to rejoin the Pirates, carrying
with him the stamn 0 John McGraw'o
disapproval for' his failure to "come
through."
Following "Walter Camp's annual all
American plan of selecting the stars of
the gridiron season, baseball experts nre
picking all-star aggregations. Mnnngers
Rickey, at. Louis Americans; Callahan,
Chicago Americans, Hugglns, St. I.ouls
Nntlonuls; Jennings. Detroit Americans,
and O Day, Chicago Nntlonals. have pre.
aentrd their teams. Jennings is the only
one of the quartet who did not put Kdrlle
Collins on second base. Hugglns, Calla-
"CONFIDENCE- A firm hellef In the trust
worthiness of another. Dlctlonnrr Definition.
Over one hundred persons gave us their orders
for the new Eight-Cylinder Cadillac
Before the Demonstrator,
Some before a printed Description, and many
Before even a Photograph of the car had arrived.
These orders came spontaneously we did not
especially seek them.
Over $200,000 worth of business based solely on
Confidence in the Cadillac Car, and in the Auto
mobile Sales Corporation.
The New Type 51 Eight-Cylinder Cadillac repre
sents the one great engineering advance of the year.
Nearly a quarter of a million dollars' worth of
business awaited its coming.
We have never had difficulty in selling Cadillac
Cars a reliable article is always a ready seller.
We have never had difficulty in selling any car
we chose to recommend a reliable firm can always
do business.
This Confidence we cherish as a grave responsi
bility, as well as an immensely valuable asset which
our self-interest, if not our honor, will never permit
us to imperil.
Now Judge for Yourselves
THE NEW CAR IS HERE
Eight-Cylinder Cadillac (New T.pe 51)
Automobile Sales Corporation
..
han and Jennings put Baker on
teams, while Jennings find Callahan c
"Stuffy" Mclnnls.
Speaking of George Stalling, a dispatch
to a local paper sam; "He will leave
tomorrow for his plantation In Haddock,
Ga., drop kicking." The meaning Is ob
scure. Probably the writer Intended to
say that George has "dropped kicking
at tho umpires, a very plausible) explana
lion. In view ot the fact that tt baseball
season is over. Again, ho "'" havo
meant that the "Miracle Man" was
graphically demonstrating how one of his
players had "booted one."
The Federal League continues to gel
players, but most of them are cast-off.
Hugh Bedlcnt, one ot the Jlctl 8ox heroes
of 1912, hns Jumped. But Bcdlcnt's work
was so Indifferent during the past season
that he had been turned over to an Inter
national League club. This same thing
happened In the cases of Danny Murphy
and Byron Houck, of the Athletics.
Flrmln Casslgnol, not ft tooth wash,
but a perfectly good Frenchman, has ar
rived to contest thn billiard title with
Willie Hoppc. He was too old to enlist
against the Germans and besides he
wanted to engnge In something which
would be described In the papers with
out going under tho blue pencil of the
censor.
Next Saturday on Franklin Field Greek
will not meet his kind, but will havo
to be content with going against an
nborlglnal American.
Uesldas there
football ranks.
Is only ono Dorlaas In.
When Avery made that touchdown
against the Navy It Is rumored that Wil
liam Penn took his ecs oft the Delaware
and gin need In the direction of South
west Philadelphia.
Giilae, the lndlnns' backfleld star, has
been chosen to fill the place of Buseh. the
Carlisle cnptnln, who was compelled to
resign on account ot Ineftlclcncy. Galac's
work Is well remembered here. Along
with Guyon and Bracklln, he tore through
Penn'n lino last fall almost nt will, al
though the Redskins could only get a 7-7
tie out of tnat game, thanks to the bril
liant run of Marshall, who made a touch
down from a kick-oft In the latter part of
the contest.
Joe Bush defeated Bill James In the first
game played by the All-Americans'
against tho All-Nationals. Tho contest
wns staged yesterday at .Minneapolis.
That victory reminds ono of the man who
was executed, but would not havo been'
' had not the pardon come too late.
fu
if
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