FINANCIAL FOREIGN EXCHANGE DROPS IN NEW YORK ONABSENCEOFBIDS Demand Sterling Declined l0 4,91 Money Market Continues to Grow Easier. Steel Common in Demand. The situation of an absenco of bids won created In the foreign exchnngo market In, New York, nml this morning demand sterling declined to 4.91 against 4.83 on FrMy ft week ago. There was no tie mind for exchange on Paris, and tho rtes for norlln exchange of 80091 wero purely nominal. It Is current gossip that iome of the banks nre long of exchange tnd that pressure from these Institutions hu been partly responsible for the sharp decllne The New York city financing with tho shipment of $33530.616 gold to Canada and th arrangements for the exchange gold pool, which has deposited flO,0OO,O0O gold )n Ottawa, together with the heavy ex pansion of exports, has radically changed the exchange outlook, and It would not he surprising If rates fell to a range favoring this country In future gold move ments, MONEY SITUATION EASIER The monetary situation In New York continues to grow caster with scattered offerings of time money nt C per cent., but tho banks In their transactions with .borrowers recognize to tho full extent 'changes In security values since July SO. This Is done, not by lowering quotations on collateral pledged for loans, but by inflating on additional collateral, which brings tho margin on tho loans down to current street quotations. DEMANDS FOR STEEL COMMON. There was a better dcmnml for Steel common In today's open market trading, with street brokers bidding 3S!4 for the itock. Uncertainty over tho dividend ac tion tomorrow Is greater than at any previous time prior to tho district meet ings of tho corporation, but so fnr as can bo learned tho matter will not be decided until the directors moot. New York city bond Issues continue tlcady, although slight recessions wero noted In tho now loan Issues. Tho Itts of 1964 sold at 94 and tho 4Hs. aro In de mand at 10056, both under a flb per cent, return. The outlook for reopening the Stock Ex changes hero and In London continues confused. Tho decision of the New York Exchange not to make any changes in minimum prices Is thought to Indicate Indefinite postponement of tho resump tion of regular dealings, and In London the proposed plans for credit extensions have been rejected by tho Government. Thero li a better outlook for the re opening of tho Cotton Exchange, and nn announcement from that body Is looked for In tho next three days. NOTES OF THE RAIL A complaint declaring that a switching charge of J2.50 per car nt Los Angeles anil San Francisco was unreasonable was filed with tho Interstate Commerce Com mission by tho United States Steel Prod ucts Company, of New Jersey, ngalnst the Westoni Pacific. Atchison. Toneka 'and Santa Kc, and the San Pedro, Los Angeles and Salt Lako Railroads. The Interstate Commerco Commission today held that a proposed tariff elimi nating transit privileges nt Atchison nnd i Levenworth, Knn., on grain, grain prod 1 ucts. sends, alfalfa nnd liny In carlnnts on the Missouri Paclllo Haltroad was un justified. Itntea on whiskey nnd distillers' dried pain from Midway, Kentucky, over tho Louisville nnd Nnshvlllo, Baltimore nnd Ohio, and Southern railroads to various points in Trunk Line, New England. At lantic Seaboard, Central Freight Associa tion and certain Virginia cities, on ship ments moving through designated gate ways, wero held by the Interstate Com merce commission todn to bn unreason able. Other rates on the same products from Midway, Ky. via Cincinnati, o., to various points In Central Freight Association territory were heto reason able. UTILITY EARNINGS TWIN CITV LINES. Ko(mI wsek October.... 17(l.nWl From July 1 T.ss.Vjai I.ACI.KDIJ CIAS LIUIIT. Nino months ended Beptember HO: Er" t3.HSS.5fio J;ft Income 1,H!i'.Mlt net for common, illv 60:1.005 Increase. 1 1,52!) 377, 1 (.3 fsn.ono tit52n )ii,n CAItriMNA I'OWEIl ANf) LIGHT. Vear enileil September 30: -n H" l,?4r..n3i ?tT4,r.:i7 ftn 8bO,80B 72,030 AMKHICAN POWnn AND MGHT. W'ember grosi $31)2,100 S77.021 t.. :: 2M.S7S w.ma vr.'V "wnthV gross... fl,47,OSI S0U,7tU Ket1 u.uun.ftji -Hii.uu-t MEXICAN MQHT AND rOWElt, LTD. h-Ti't'iuucr BroiS IK.'jt.iWS !' ma 5i S17,005 15.327 142,102 3U.S53 From January I grow.. 7,lS7o72 w 5,US,48t) MEXICAN TiiAariVAVR September gross fl87,42! 162.A77 1.540 307,431 12,278 Prom January 'i'g'roLi!.' 323.744 H,B13.7fl3 2.723.0SO Decrease. BOOMING U. S. PRODUCTS Committee Plans Big Campaign for Goods Made in America, VnWJ0UK' ct M AH America will snow about tho "Mado In America" move fc. .,oon ,f the plnns of tne committee. aJrn "2,C.arrlcd out A meeting has been lh?v,0J rext Wednesday morning at ( aldorf-Astorla, at which time plans taken jeneral Pub"c"y campaign will ba llJlV-n' Tlprer' chairman of the Execu rin, . m.'Uee of ,he "Mnde ' America" ami,8 A6sociatlon, called the meeting, .h! ""ejeated In the movement, to attrdme " r not' have been a3ked STEEL CO. DEFERS DIVIDEND LtfeH.0.ntarl0 Stc31 Products Company, en i'h ;erred the dividend of li per cent. U du. ,.?J'.any'8 Pferred stock, which m?'"1' UmQ- The ,Illtlal Payment wa maP",eried- wlllch ia emulative, M ma n November 15, 1913. Nn,Y0RK WTTER AND EGOS . "EW vi in i.- ... ?'. ntuliTti stis . "utter- JUrkM. M. lii hV.i 8 Pckatr- Crarary x 'K' . Imita' WOf,n. 3-; St dairy, p.... '"'"atlou rttaautrv liluii-i,. " r . nu!iL 'teXBc.s nearby, unites. O.'M AND COMMERCIAL SITUATION AT HOME AND ABROAD-MARKET REPORTS BALANCE OF FOREIGN TRADE IS SWINGING IN OUR FAVOR Exports From New York Last Week Largest In Eight Months, Tnkjng tho exports from tho port of New tork as a basis, tho balance of the foreign trade of the United States Is rapidly swinging In favor of this coun try. Tho exports frofn Now York lost week were tho largest In eight months, and also tho largest of any week since tho beginning of tho European conflict, tho exports exceeding imports by moro than $3,000,000. The estimated exports In tho week wero $21,411,271, an lncroase of $8,039,913 over tho previous week, and $3,41C,T69 larger than tho same week of tho provlous year. The following tnblo given tho oxports from tho port to all foreign countries for the first 1.1 weeks of tho war, com pared with tho samo weeks of tho previous year: Week. October 21... October 17 .. October 10 .. . October 3 . . . . September 20 September 111 September 12 September G AUKuat 20 ... August 22 ... August 13 ... Auguat 8 .... August 1 .... Estimated. 1014. .$21,411,271 . 13,371,333 . 17,512.001 . 13,370,fiOr. . 20,032,132 . 17,203,101) . 13,000,331 . 12,21U,tl80 . 10,214,802 . 8,177,301 . 10,723,082 . 12,071,030 . 11,070,010 1013. 117,0(11,513 15.013,135 13,121,033 14,053,453 10.810.530 14,301,782 13,303.31)0 14,800,143 12,158,007 13,707,408 14,834,831 13,513,717 10,343,872 BRITISH EMBARGO ON SUGAR WILL BE SHORT, BELIEF HERE Local Exporters Think Un filled Orders Are Not Un der Ban Half of Big Or der Delivered. Sugar exporters In this city believe that tho embnrgo placed on the Importation of sugar Into tho United Kingdom, do clari'd by the British Government, will bu of short duration, and In any case It will not affect the unfilled orders now held In this country. They nre also of tho ojilnlon that tho prohibition Is di rected chiefly against Italy, Sweden, Nor way, Don mark nnd Spain. These coun tries nro heavy buyers of the raw beet sugar production of Germany, nnd It Is this production Great llrltlnn Is anxious to keep out of tho world's mart. About HOO.OOO tons of raw nnd refined sugar had been ordered by Kngllsh Im porters from this country beforo tho declaration forbidding entry of sugar was promulgated. Nearly hnlf of this order has been delivered, nnd exporters nro continuing their plans for the delivery of tho remainder, confident that It will be accepted, regardless of the prohibition order. At the outbreak of the war the Gorman Government placed n ban on tho exporta tion of sugar. Now money Is needed nnd there Is moro thnn enough sugar In Prus sia to satisfy the demands. Permission has been granted for tho exportation of 22,000 hundredweight. When the English Government learned this tho embargo on importations followed. Although the Sprcckleo Sugnr Refinery hns enormous quantities of raw sugar stored In this city, their plant nt Reed street wharf Is closed down. Tho clos ing of tho plant was duo to tho largo qunntttlcs of tho refined product on hand, which made It unnecessary to boll more of the raw product until sales Increased. Refined sugar exports aro leaving this port on every transatlantic steamship. The American Line steamship Haverford, which sailed for Liverpool on Saturday, nnd several tons stored In her holds. Tho bookings on vessels to Iea-e In tho near future nro heavy. FINANCIAL BRIEFS New York hnnkn lost to tho Subtrens ury Saturday $103,000, and since Friday lost $1,128,000. A bulletin detailing how a 7,000,000 pound brldgo nt Tyndall. O., was rolled Into position In seven minutes, without Interrupting traffic, has been Issued by the Pennsylvania Railroad. The hrldgo replaces ono which was washed away oy mo nooas in mo spring or 1313. The gross earnings of the Hercules Powder Company for nine months end ing September 30 were $3,074,427. Increase $313,037; net earnings tm,8, decrease $11,231; surplus $691,831, decrease $56,915. There wan withdrawn from tho New York Subtrensury this morning $l50,nno In gold coin for shipment to Canada. MORE COTTON GINNED Census Figures Show Increase of 037,104 Bales Ovor Last Year. WASHINGTON. Oct. ai.-The Census Rurcau reported today that 7.610.6S2 bales of cotton, counting round ns half bales, were ginned from the 1914 crop up to October IS. compnre.J with 6,973,518 In the corresponding period of last year, an In crease of (37.161 bales. Tho amount ginned In tho same period of 1912 was 6.S74.20G. Round bales Included this year numbered 15,239. compared with 49,030 In 1913 and 41,743 In 1912. Figures by States, minus llnters, corn pare with last year us follows: Oct. is. 'li. r-.i. 1R i:t. Manama mii.tmi Arkansas MUT.ail Oc"rsU 1,301,013 Iiulilans. 224,0'W MIs.ilHstppt J7I..T.0 Florida 41.113 North Carolina ROI.olT Oklahoma J.Vt.H.VT South Carolina, Ui3.3i2 Trnncafitiu lft.1.070 Ml), SIX) 322.1 SI l,2!M.Ult 101. 0.l I lltt.KUO .'I5.0M 2.12, ll 301,254 ftll), 720 ni.tian 2,lfil,27! 0,073,318 Teias 2.712,712 United State 7.010.032 "BUSINESS DEPRESSION" DEAD ISSUE IN P0TTST0WN Conditions Favorable, Is the Report From Nearly Every Industry. POTT3TOWN, Pa.. Oct. 26. "Business depression" Is a dead Issue In this city. Investigation showing that in nearly every line of business here conditions are ex tremely favorable. Sotter Brothers, boiler manufacturers, arc running their large plant on a 66-hour-a-woek schedule. The firm has enough orders to keep going on this schedule until February. Other mills here also are running on full time. In the shirt, hosiery nnd other plants where women and Kirls are em ployed orders have been received that will keep the plants running full time fcr months. OIL PKICES BEDUCED Announcement was made today by the Ohio Oil Company of u reduction of 3 cents per barrel In all oil handled by the company. The latest prices follow: North I J ma, 93 cents; South Lima, bS cents. Wonster, $1 15, Indiana, S3 cents: UllnoLa and Princeton, S cents. EVENING T,innqTC-ft-PTTTT,AniBLPHIA, MONDAY, OCTOBER WHEAT OPENS FIRM, REACTS SOON AFTER, IN CHICAGO MARKET Fluctuation Results From Selling of December and May, Led by Large Grain Firms. CHICAGO, Oct. 26. Wheat opened firm today on scattered commission buying, but tho market reacted after the start on selling of December led by tho Ar mour Grain Company and on Belling of May led by Logan & Bryan and Har ris Wlnthrop A Co. A lending firm hero declares tho Increase In the area of winter wheat In the United States will not be as large as the trade expect. World's shipments of tho week from North America were 8,100,000 bushels of which 4,006,000 bushels wont to the United Kingdom and 1,379,000 to France, Of the total, Canada shipped 1,828,000 bushels. Tho market at Liverpool woo firm not withstanding tho fact that the world's oxports were larger than had been looked for. Tho market at Paris also was strong, with offers light. Tho ICalser's troops have destroyed more flour mills nnd ani mals In northorn Franco and nro Inter fering with socdlng oporatlons which are proceeding on a most limited scale. It i cstimnted that Argentina will have a surplus of 100,000,000 bushels for export. Trado In corrj was local and not largo. Tho market was barely steady. Traders wero on tho selling side. Tho market at Liverpool was well supported and firmer, with a better spot demand. Arrivals thero wero lighter, with plate offers smaller. Argcntlno holders are firm. Tho weather there Is unfavorable, being warm and wet. In the corn belt of the United States tho weather la good, It being clear and cold. Corn at Liverpool waB affectod by higher Insurance rates, ow ing to tho sinking of steamers. Oats woro quiet, with traders waiting for a cue. Ix-nillnir futures ranged follows: Noon. Bat. Wheat Open. Hluh. Low. cloe. December 1.1714 1.17W 1.1.V1 M.lflH May 1.22 1.22 1.2041 tl.214 Corn (new delivery) December' 04 9?4 ftOH fV4 -Muy 714 7lg 70TS '71 OaU December MWt TOV; BO ,VH May K1J !K 63 tMS Lard October 10.00 10.5$ November 10.42 10.42 10.40 lO.tM) January ...1002 10.02 0.03 0.07 Itlb ' October 4U.no Janunry 0.87 0.87 0.82 0.82 Pork October 10.W) January 19.18 10.15 19.07 '10.05 Hid. tAskcd. LIVE STOCK QUOTATIONS CHICAGO, Oct. 2(1. HOCSS. Receipts. 05.. 000; market Be. higher; mixed and butchem. filOOitT.03; good heavy, 7.2O(7.05: rough heavy, Jn.70fi7.15; light, 7(87.fli); ptgn, J.Vif 7.20; bulk. $7.25St7.55. CATTLE. Receipts. 1000: market steady to strong; beeves, ttl.JOT l'J.83: cows and heifers, $3.5iiSO; Miockers and feederH. $5.MiJ6; Teans, I7.4ftns.80; calves, JH.M011. SHEEP. Receipts. 50,000; market llle. lower; native and Western, T.13I15.50; lambs, $3. 1037.70. MANY EASTERN BANKERS ACCEPT BIG COTTON POOL Conference for Ratification of Plan to be Held This Week. WASHINGTON, Oct. 26,-Enrly replies received at the Treasury Department to day from many Eastern bankers Indl cato certain acceptance by tho banks of tho proposed $135,000,000 cotton flnnnclng pool suggested by tho Federal Ileservo Board. A conference for formal ratifi cation of the pool plan will be held this week between leading financiers of the cotton States, New York and other money centres. Sir George Palsh, of tho nrltlsh Hoard of Trade; members of tho Federal Re serve Board and big bankers will meet hero Friday for further discission of In ternational finance and a proposal that England buy $100,000,000 worth of cotton. WILL NOT CONTINUE LOANS BrltlBh Government DecideB Against Extending for Indefllte Period. LONDON, Oct. 26.-The Government to day rejected tho proposal of hankers to continue stock exchange loans for an In definite porlod, provided that nn addi tional margin of 10 per cent, would be given. Tho latter would force many failures, It Is believed. Tho outlook for the reopening of the exchange Is confusod at the moment. Humors that the committee Intended to resign because of disagreement and al legations of tardiness were today de clared to be without foundation In fact. Thero wus a lurgo attondanco of brokers In tho Btreet today and sentiment among them was cheerful. Canadian Pacific was bought at 155?;. Oil shares showed steadi ness. Russians were firm on the Impend ing Issuo of treasury bills of that coun try, which will Insure Interest payments. RAILROAD EARNINGS CANADIAN PACIB'IC. 1014, DrCr6&S(B Third week October... 12,040,000 11,212,000 CENTRAL OF GEORGIA Sept. oper. ruv 1073,411 Net 204,264 From July 1 oper. rev. 3,173,817 Net 733,837 CANADIAN NORTHERN. J2T4.01U 170,363 105,1110 43,724 nepiemoer gross ...... $., luu.uuu Net 690,700 From July 1 gross.... 5,071,000 Net 1,205,000 'Increase. 1115,000 -UJ,MU 676,000 181,000 DETROIT AND MACKINAC. Third week October.... (21,121) From July 1 03,089 12,000 6.715 BUFFALO, ROCHESTER & PITTSBURGH Third ok October. .. . 1218,317 I5B aiio From July 1 3,607,045 624JU17 LEHIGH AND NEW ENOLAND. Year ended June 30: Total operating revenue (2,235,700 J-Pfloil Net operating revenue. . 09S..12O mut'ttb Gioss Income lM3,aa7 MH1703 Net Income 647.111 1S.9.0I7 DIVIDENDS DECLARED Franklin National Rank, regular semiannual 8 per cent., payable November 2 to stock of record d-tuber 31. Sao Paulo Tramaay. I.lght and Power Com ranq, regular uuirterly 2VJ per ceiit. Rio da Janeiro Tramway, Light and Power Company, rvgulaj: quarterly lJ Wr cent, on common. Canadian Hank of Commerce, regular quar terly 2ta Per rent, and a bonus of 1 per cent payable December 1. Books close. .November 14 ropn December 1. ' Dank of Montreal, raiuler quarterly 2tt rer cent, and 1 iw cent, extra, payable De-cwmler I to sto.-k of word October 31. American UlllltU Company, regular quar terly IK per cent, on prierrid. payabl No vember 1U to stock of record October SI Stewart Warner SpieJomerer (.'rporatto.i regular quarterly Ik per cent, on preferred and Hi per cent on common, rayabltt Ngveiu. bsr 2. Uggks Uooo OctOMr 2i, (Cufxo Novoox Ixr 2 BONDS REQUIRED OF FEDERAL RESERVE BANK EMPLOYES American Bankers' Association Blanket Form to Be Used. WASHINGTON, Oct. 26. Regulations were Issued today by the Federal Ro servo Board governing the bonding of Governors nnd other officials and em ployes of all Federal reserve banks. The form of tho bond required will be he current copyrighted form of tho American Bankers' Association In blan ket form, Tho bond for the Governor nnd the Blaff, covering all the employes of each bnnk, will be for a uniform amount. Different forms will bo required for tho reserve and deputy reserve agent and staff, nnd will probably bo made In favor of the United States. Tho form of this bond has not yet been determined. The Federal Reserve Board estimates that approximately from 100 to 600 em ployes will bo required In each of the Federal reserve banks.' PORT OF PHILADELPHIA Sun nnd Tides 0:22 a, m.lBun sets... . PHILADELPHIA. 7t2(Ja. m.Hlgh water, 2:00a. m.Low water., Bun rites.. S :07 p. m. 7:50 p. m. 2:27 p. m, 4:4R p. m. 11:23 p.m. 2:08 p. m. 8:27 p. m. High water Ijovf water. ItEEDV ISLAND. High water. 4:15 a. m.Hleh water. Low water.lOMG a. m. Low water.. DnEAKWATEH. High water. 2:00 a. m.llllgh water. Low water. 7i40a. m.Low water. Vcssols Arriving Today Ptr. Evelyn, Daltlmore. ballast, master. Str. Persian, Jacksonville, eto., passenger nnd merchandise, Merchant and Miners' Trans portation Company. Btr. Lexington, lloston, passengers ana mer chandise, Merchant nnd Miners' Transportation Company. , 8tr. Noorderdyk (Dutch), Rotterdam vli Uo.Mon, merchandise, Holland-America Line. Str. William P. Palmer. New York, mer chandise, Southern Steamship Company. Str. Ericsson, nalllmore, passengers nnd merchandise, Ericsson Line. Steamships to Arrive PASSENGER. Name. From. Date. Ancona Naple Oct. 20 Dominion Liverpool Oct. 2t FREIOIIT. Hesperos Bombay Oct. 2 Ituby Gibraltar ......Oct. 5 Giuseppe Ornn Oct. 10 Juno I'lymouth Oct. 8 Atirahamson Plymouth Oct. N Canton Chr st an a . . .4Oct. 0 Texas Chrlstlanla, ...:Oct. 15 Stanford Immlngham ....Oct. 10 Maine London Oct. 17 Oldfleld Grange Cruz Grande. .. .Oct. - Wnshlgtonlan Balboa ........ Oct. 20 Manchester Exchange.. Manchester ....Oct. 20 Mlssourlan Cristobal Oct. 21 Crlckett Snn Francisco. ..Oct. 21 Conlston Water Santiago Oct. 21 West Point London Oct. 22 Vltalla Cristobal Oct. 21 Argo Cristobal Oct. 22 Ohlnan Balboa Oct. 23 Amsteldyk Rotterdam .....Oct. 23 Steamships to Ieave PASSENOEIt. Name. For. California Copenhagen Ancnna Naples .... Dominion Liverpool . FREIGHT. Crown Point London . . . Canton Chrlstlanla. WoBt Point London ... Manchester Exchange. .Manchester Date. , .Oct. 27 . Nov. 7 . Nov. 7 .Oct. 2S .Oct. Nov. 11 Nov. 14 Noordcrdyk Rotterdam Nov. Malno London Nov. PORT OF NEW YORK Steamships Arriving' Today Name. Columbia . Minnehaha From. .Glasgow .London Docked . 8 a. m. .11 a, m. Steamships Due Tomorrow Name. From. Sailed. Carpathla Gibraltar Oct. 18 Ancona Palermo Oct. IS Steamships to Sail Name. Brltnnnla Europa . Adriatic . For. Date. Marseilles Oct. 27 .Vaples-Gcnoa . .Oct. 2S Liverpool Oct. 28 Rotterdam Oct. 5.1 Rotterdam Duca d'Ahruzz! Qenoa Oct. 31 Philadelphia Liverpool Oct. 31 Krederlk VIII Copenhagen ....Oct. 31 Chicago Havre Oct. Ill Columbia Glasgow Oct. 31 Minnehaha Ixindon Oct, 31 Caserta Naples Oct. 31 Movements of Vessels Str. Terrier (Nor.), Philadelphia for Manila, steamed from Sabang October 22. Str. St. Louis, for New York, steamed from Liverpool October 23. Str. Berkshire, from Philadelphia, arrived at Boston October 23. Str. L. V, Stoddard, from Philadelphia, nr rlved at Hangor, Me., October 23. Str. Quantleo. for Philadelphia, steamed from Jacksonville October 23. Str. Indian, Philadelphia for Savannah, was 35 miles south of Winter Quarter lightship at 8 a. m October 2.1. Str. Paraguay, Philadelphia for B.iblne. was 2'4 miles west of Tortugas at noon October 23. Str. J. M. Guffey. Philadelphia for Port Ar thur. as 101 miles north or Jupiter at noon uctoDer :. Sir. Nelson, Philadelphia for Tort Arthur, passed Alligator Light, Fla.. 7 p. m. Octo ber 23 Str. Toledo, Sabine for Philadelphia, was 7.1 miles north of Jupiter at A p. m. October 2T,. FREIGHTS AND CHARTERS Limited tonnage offerings In the steam mar ket restricts business and keep the rata strong. The Inquiry for transatlantic tradei continues steady. Chartering In the tail mar ket is exceedingly dull, with an ample supply of tonnago on hand to meet the light Inquiry. STEAMSHIPS. Harrovian (Dr.). Philadelphia to Untied Kingdom, grain, 2!,ono quarters, 2s. Od . No vember Longscar (Br.). Philadelphia to west coast Italy, grain, 4c: option Montreal loading. Is. Pd., or Gulf, At. TUri.. prompt. Oakileld (Br.), Baltimore to London, oats, dO.000 quarters. 2s. 3d.: option part heavy grain, 2a, lid.. November. Iloanoka (dr.). Atlantic range to picked ports United Kingdom or France, grain, 25,000 quarters, private terms, November. Kohliton lllr), 2010 tons, Baltimore to Per sian Gulf. pipe, private terms. Nocember. Kohlstan Ttr.l, 2010 tons. Baltimore to Per sian Gulf, pipe, private terms, November, promrt. Albcrgen (Duti-h). 1118 tons. West India trade, six months, "J400O. Noemher-lecember. Louise (Dutch), 131.1 tons, same. Satllla (Amer.). 2044 tons, New York to Key vv est. Lenient, mcuic uui, lu .ion lum, lies, private terms. John A. Hcoper (Amer.). 1321 tons. Baltl. more to San Francisco, coal, private terms, nromrt. Sophie H. Itto Janeiro, (Dutch). 184 tons. Virginia to coal, 13'. H.I., prompt. BRIDGE NOT SATISFACTORY Bascule Structure Over Canal at Lewes Subject of Complaint. LEWES, Del.. Oct. 2S.-What Is to be done with the fine, new bascule bridge which the levy court of Sussex County placed over tha Lewes canal Is a matter now agitating the people of the county. The bridge was completed some time ago at a cost of about $35,000 and Is the first bascule bridge erected In the State. It U a fine structure, works well, as fur as tha machinery Is concerned, and the levy court accepted It. Now the trouble Is coming. The boat men, who use the canal, say the bridge does not lift enough near perpendicular to allow their vessels to pass through In safety. It tukes considerable engineering to get through without striking a, mast, they say. and unites something Is dona complaint will be made to the Govern ment. The members of the levy court will Investigate. It wouiu cost consider able money to change the bridge. GERMANS CAPTURE FOUR SWEDISH TIMBER SHIPS Admiralty Declares Shipments Con traband of War. LONDON. Oct. 36. During the last 4S hours German warships have stepped and oaptured four Swedish tamshlp bound for British poits with cargoes of timber. The German Admiralty has announced, that timber bound for Great Britain Is a contraband. M'ADOO DESIGNATES N0Y.16ASDAY12NEW RESERYE BANKS OPEN More Than $400,000,000 Will Be Released by In ception of New Law. Cotton Situation to Benefit. WASHINGTON, Oct 2. Official an nouncement Is mado by Secretary of the Treasury McAdoo that tho U Federal re servo banks will open for business on November IS. Tho Secretary points out In his statement that when the banks are opened moro than $100,000,000 of re serve money, now hold In the vaults of banks, will bo released, as under the new bnnklnK law 18 per cent, reserves will be required, ns against 25 per cent, now exacted. Secretary McAdoo gays that he was impelled to set November 16 a tho open Ins; data for tho banks bocnuse of tho cotton situation In the South and tho general business conditions throughout the country. Ho points out that tho opening of tho banks should relievo tho cotton situation. In his statement Secretary McAdoo says: "I am fully awaro of the physical dif ficulties that must bo overcomo to set the reserve banks In motion on the 16th of November, but tho directors of these banks represent tho highest degree of American banking ability, nnd I nm suro that not only can they meet tho situation, but they will cheerfully tako up tho taBk In tho samo flno spirit of public service which animated their discussions at tho Washington conference. "As Ihe result of the enactment of tho war rovenuo mensuro the parity between receipts nnd disbursements of tho TrenB ury will Boon bo happily restored. This will make It possible for the Treasury to render still greater rorvlco than It hns already rendered In helping tho financial situation In the South nnd In other parts of tho country whero tho need has ap peared. MOItE AID FROM TREASURY "Tho prompt opening of Uio Federal Reservo banks will make tho asslstanco of tho Treasury doubly powerful, be causo tho Federal Reserve act author izes tho Secretary of tho Treasury, In hlB discretion, to deposit a large amount of tho moneys held In tho 'general fund' In tho Federnd Reserve banks and to require such banks to act as fiscal ngents of the United States, nnd also In his discretion to deposit the revenues of tho Government, or any part thereof. In the reserve bnnkR, and to mako dis bursements by checks drawn against such deposits. "Under the present system the Secre tary of the Treasury cannot with pru denco scatter the 'general fund' of tho Treasury among tho great num ber of widoly separated national banks throughout tho country. Up to the pres ent time I hnvo gono bo far In that direction ns I liavo felt It was wise to go, but with the larger powers con ferred by tho Federal Reservo net and tho use which I may be ablo to make of tho Federal Reservo banks ns fiscal ngents of tho Government, It will be prudent and wise to deposit a large amount of tho 'general fund' In the treasury of the Federal banks." WILL DEPOSIT FEDERAL FUNDS. "As soon, therefore, as tho Federal banks nre open I will transfer to them as largo an amount of Government funds as possible. This In turn will enable them to extend large credits to national banks and State banks which may become members of the Federal reservo system, which they In turn may extend to their customers. "By this means, and through the agency of the Federal reserve banks, I hope to give additional assistance to that already given by tho Treasury Department to tho cotton producers, the cotton Industry and the business men of tho South. "The now reservo requirements, which will become opcrntlvo on the 16th day of November upon the opening of the Fed eral reserve banks, will release more thnn (100,000,000 of reserve money and largely Increase the credit facilities of the banks of the country." THE GOLFERS' AFTERMATH Gil Nichols, tho well-known Wilmington professional, has not as yet fully recov ered from the Injury he sustained in an automobile aocldcnt at Capo May during the summer. It was feared that Gil would never be ablo to play golf again, but, fortunately, this Is not so, nnd with out a doubt ho will be fighting It out around tho top In the open events neext summer. Tlaylns over the championship course nt Deal, which Is, by tho way, about a drive nnd an Iron from tha spot whero Julius Caesar landed when ho invaded England, the Hon. Michael Scott had tho remarkable scoro of 63, mado up as follows: Out 3 4 4 2 13 4 5 4-33 In 4 43 124 4 4 3-32-83 This Is several strokes less than tha record for the course, but does not stand as bucIi, as It was not mnde In a stroke competition. This score was made with out a bit of luck and only one putt that would bo considered long. The male members of the South Herts Golf Club, to which Harry Vardon Is at tached as professional, presented him re cently with a check for $300 and a silver rose bowl, in recognition of his sixth suc cess In the open tournament. "Chief" Bender, like many other ball players, la an enthusiastic golfer and al most every day during the otf season ho can be found chasing the oluslvo white pill around the cnurso of the Bala Golf Club. Recently the "Chief" won a handi cap cup at Bala, and his rounds average well In the S0-s. is,e VANDERBILT EXHIBITS HORSES His Entire Stable Entered in St, St. Louis Show, ST. LOUIS. Oct. 26-.-WIU1 the entlro stable of Alfred G. Vanderbllt entered, competition between Eastern and Mlddl Western exhibitors at the St. Louis horse show was keen today on the eve of the opening. Among the Vanderbllt entries are Vigilant. Viking, Vogue and Victor. rroy Vanderbilt will officiate as a Judge of Jumpers during the show Charles Wilson will act as whip for tha Vanderbllt entries. Ten army ottlcers In the vlolnlty of St. Louis will show their mounts, and another exhibitor will ba Miss I.ouU Long, of Kansas City, owner of many famous horses. Edward von der Horst Koch, a German authority, will Judtf the heavy harness class. 26, 10 If, PHILADELPHIA MARKETS GRAIN AND FLOUR tVllKAT. With bearish speculation In all homo grain centres, prices declined 2c. on win ter and lc. on spring varieties, quotations. Car lots, In export elevator No 2. rod, spot and October. (1.1091.14) No 2..red Vestern, Sl.13ffi.I9; No. 1 Northern IKltuth. 1.24fll.2i. CORN. Receipts. 1000 husn. The ,mrket quiet and unchanged, quotations: 'ar lots for local trade, as to loeatlon-No. 2 jellow, 8lT B4HO.J steamer yellow, KUiffslc. L OATH. Receipts, 80,080 bush. There was Utile trading, but prices, steadily held. Quo tutlowi: No. 2 white. (HjplHe.i kandard while, BJ0G3ic.. No. 3 while. S262liC. FLOUR, Receipts. 14G0 bbli., .M,8M? lbs. in eaks. Mill limits steadily maintain!, but there was little trading. Quotations, per IBfl its. In nood-Wlnter. clear. tLTMM.i. do., strrtlght. r,5.25: do., patent. 5.r,lK35. 75, Kansas straight, lute, sacks 3 255 id- patent, Jute sneks. OrWAn" clear, 3.10t(.30j do., straight, 15 35fi5.fl0i do., patent, l5.fofl5.8S: do., fnvorlto brands, JW ft.50i city mills, eholco and fancy ratent. (1 fi.M)j city mills, regular (trades, winter, clear, 4.7&N.llOi do., straight, 5SG.23; do., patent, JnKFLOUIt. Sold slowly and fhow'tl llttlo change. We quote nearby and AVestorn. in wood, at $585.30. PROVISIONS The market steady, but trade largely of Job bins; character. Quotations: city beef. In sets, smoked nnd a!r-drled. 3r331c.: Western ne.f. In sets, smoked. 30tf31c: city beef, knuckles and tenders, smoked and alr-drled, Slfl.yc.. Western beef, knuckles and tenders, smoked, 31R32r.; beef hams. 38fl40; pork, family, 2fl 020.60: hams. 8. P. cured, loose, 14UtnCc., do., skinned, loose, 14V4ifl5e.: do., lo.. smoked, IQfhoHe.; other hams, smoked, city cured, as to brand nnd averagn, iqiydWc. : hams, smoked, Western cured. 10',4fM.. do.. bue; boneless. 23024c., picnic shoulders .8. V. if d. loose, lli&12e.; do., smoked, 1HW1 S tellies. In pickle, according to average, loofo, lnfflflUjc; breakfast bnron, ns to brand and overage, city curd, 2021c. : do., do., rtom cured, 20B21C.; lard, Western, refined tierces, 10149110.: do., do., do., tubs. J-MittJlf-i. P.u" city, kettln rendered. In tierces, lOHBllc.j do., do., do , In tuhs, liellUc REFINED SUGARS The market quiet nnd 20 points lowor. Quo tations: Mnndard granulated, n.83c.; nn gran ulated, 6.80c. : powdered, S.rlOo. ; confectioners A, 5.70e., soft grades, 4.D.W5.5&C. POULTRY F.IVE. In nmpla supply nnd quiet at former rates. Quotations: Fowls, lUSluc. ; old roosters. 1ISJ12C : spring chickens, ac. cording to quality, ISQlOc. ; ducks. 1314c.; geese, 13(8 l4c. ; guineas, young, weighing 2 lbs. and over nplecc, per pair. 70c; do., weighing lHiKHi lbs. apiece, per pair, C0$ O.'c. ; do., weighing 1 lb. apiece, per pair. 60c; old, per pair, 50c; pigeons, per pair, 1518c DRKS&ni). Demand suftlclent to absorb the llmlttd offerings of flno dcslrable-sUed slock at steady prices, quotations: Freih klllcd poultry Fowls, por lb. Selected heavy, 21c; do., weighing 4HB" lbs. apiece. 20c: do., wolghlng 4 lbs. aplcro. 18'4c; do., weigh ing 3W lbs. aplcco. lfjfrlOe.; do., weighing 3 lbs. and under, 14iJ14Hc; old roosters, dry picked. ISHrC ; broiling chickens, nearby, weighing WS'i lbs. apiece. 2UB22c.: broiling chirkena, nearby, fair to good, lOUlSc; chick ens. Western, 4 lbs. and over apiece, 17c: do., do., 3',4 lbs. apieco, fat, ISfrlOc; do., do.. 2iii 3 lha. nplero, 13014c; broiling chickens. West ern. 1H"82 lbs. apiece. 17c: broiling chickens, Wf-stom. fair to s"od. 12il4c Squabs, per doz.. White, wolghlng 11 to 12 lbs. per doi., $3.0.-. 4.25; white, weighing 0 to 10 lbs. per dnz.. OHIO WINS FIRST HONORS IN CATTLE JUDGING MEET Agricultural Students Win Dniry As sociation Prize. CHICAGO, Oct. 2fl. The cnttlo Judglntr contest, HtaRed todny nt thr stockyards by tho National Dairy Association, was won by Ohio agricultural students, the winner scorlnK 3748.7.T. out of n possible 4SO0 points. Tho $103 Jersey scholarship went to L. I nummell, of Ohio, nnd the $100 Holsteln scholarship was captured by C. L. Iilackmaru of the University of Elaine. Secretary of Afrrlculture Houston, In nddresslnp; the association, snul: "Up to two or three years bbo attention was directed almost exclusively to the production side of rural life. The slogan was 'Make two blades of grass grow where only one grew before." And Indi vidualism characterized thinking nnd act ing. 'Tho neglect of rural llfo by tho nation has not been conscious or wilful. We hnvo been so bent on building up great Industrial centres, in rivaling nations of tha world not so fortunately circum stanced ngrlculturally. "In manufacturing, fostering It by every natural nnd artificial device wo could think of, so busy trying to make each city larger by &00,000 or more Inhabitants for tho next census. "Intlmntuly Involved In both production and distribution of products Is tho mntter of good roads. The railway will continue for an Indefinite time to bo the national highway. The emphasis Is needed on the community road. It Is estimated that It costs 25 cents a ton mile to haul under existing conditions on the country road, and that this could be reduced by half If tho roads were Improved." WANT OLYMPIAD AT ANTWERP United States Not Considered for Games, Paris Paper Says. NEW YORK. Oct. 2o.-In th midst of tho great European war tho Olympic games have not been forgotten. A lead ing Paris newspaper recently printed the following editorial while tho German army was threatening tho city: "It was announced two weeks ngn that the International Olympic Committee bad decided that tho next Olympiad, due t.i take placo In 1010 nt Berlin, would bo transferred to tho I'nitod States. This Information, w liavo been Informed, u without foundation. Tha International Olympic Committee hna not mado this decision. The question will not even be considered. "Whether a transfer is or is not made the Olympic games will not be held In Berlin in 1916- And fur t!il thero are many reasons. .Neither Russia, Prance. Groat Britain nor Belgium will accept participation. The victory of the Allies will not be a reaton for forgetting. No one of them will consent, it Is evident, to making Berlin for one month the centre of the universal athletic festivities. "The Olympic games at New York In 1914 would be quito Welcome, but that which would pbase would be a decision of the International Committee fixing them at Antwerp." CROWN PRINCE REPORTED LEADING WARSAW FORCES German Heir Said Now to Be in the East. IIOMK, Oct. M.-The German Crown Prince for several days lias been In command of tho nrmy operating before Warsaw, says a dispatch from Berlin. This report. If It Is true, dl&prees of the surmises cabled from London last Friday that tho German Crown Prince had been killed. These reports were based on the fact that no mention of bio presence In the campaign In Franca hail been made for several days. SUBMARINES TO AID TURKS German Craft Reported Now in Otto man Waters. ATHENS. Oct. 24.-A seml-oMclal dU. patch from Constantinople statM that Germany has succeeded in tianitrtiig two submarines by rail to Turkey. They will feo put Into cuinmissloo as soon as possible and b ottictr4 by Ger mans. There Is considerable friction lactwvi the German military mn i Turkey and Turkish so'dtrs. according t pirtn i ceived here. At Adrlanople. TurkUh troops cam to blows with Genua, i uf- , r.rr v irracttl rlKht ,m,i,i s.. I eral cars filled with wounded wcrs hiiI lu I 13 $JT5.B0; white, weighing 8 b. per tat., 2.252.40: white, weighing 7, lbs, per do,, $1,752; whito, weighing OBfl',4 lbs. per dot., $1.2501.50: dark and No. 2, r,0c.e$l,10. VEGETABLES Offerings fairly liberal and general niar'-'t dull and txirely steady. Quotations! "I. ' potatoes, per bush. Pennsylvania, BSBii New York, 45fi5oc: whits potato, Jf ger basket, 3T,845e. ; sweet potatoes. Ha i hore. per bbl. No. I. $l.7S2.35; No, 2. Sri; sweet potatoes, North Carolina, per I No. 1, 1.7M2; No. 2, 75c$l weet. Jet per bbl.-No. 1, I2.7MT3; No. , Z, II.Mfll.w. sweets, Jersey, por basket, SOSflOc. Onions, per bnBh.t0fiOc. ; do., choice, per loOdb, ba. $1; do., medium, per 100-lb. bag, "BHWc. Cab bage, domestic, per ton. 10: do., Danish, per t"n, $12314. Celery, Now York, per bunch, 10U20C Mushooms, per 4-lb, basket, $l.Ka 1.00. FRESH FRUITS Cranberries nlentlful. dull and ensler. Other fruits generally sold fairly and ruled '"joy. uumations Annies, ner noi. junai,..., - Apples, per hbl. Jonainan, wra enatein. 2(32.75j Dlush. $208,701 1.75 2 j Orecnlng. $1.75(22) Twen $1.5002.25: Pippin, $r.75ra2.33: s.co; oravenstein, - Baldwin. i. York imperial. '$l.r,n3ci. 75, other rood, eat ing varieties, $I.752.60; medium, $11.50; ...... i, I4it i r.n. .-. KhfiUti nr lii1M.-nfl.tKrT . Sl.fsOrT2l.75: nnnles. Western, per box. flf ir box, sylvnnla l.BO: Annies. Delaware unci i'nnt: .. per hnmner. 2GfiZ30c. quinces, per bbl I2(I8.siis lAtnnna. toor hnr tAtH4 1 grnprruu, rionu, per crate. '$1.60(32.5(1; plnenpplM. P:ftte Porto Rico. $1.25413.20; Florida. $I2.r.O; cranberries, Cape Cor, early black, per ddi., $3.50if4; cranberries, Capo Cod, early black, per crate. J1W1.40; cranberries Jersey, per crate, $1(31.25; peaches, Virginia, per 20-lb. basket. 40(3T5c. : do., do., per crat, 1Q1-j do., Delaware nnd Maryland, per basket, 600 80c; do., do., per crate, $1(31,73; pencil. New York and Pennsylvania, per basket- large white or yellow. OOo.tf!,; '""" 401)500., prar. New York, per hbl.SeCkel. $3.603; Harriott, No. J.!'6"' ," No 2. $2.60113: Hetirr) IV $185.50 Sheldon, finr.f' Heurfo Clalrgeau, iM&L :" a?An ou, 12.2003.25: Uuclicss. n: 1 ell, $292.60; other varieties. $2W: pears, "art lett or Sof-kel. per bushel-basket. $1-2'M 2 Orapfs. New York-Concord. t per 8-Ib. ba-kct. Wise; dp., rer -!. bar4!h Sffl9c: Niagara, per l-fb. basket, 8ffl2c; Del aware's. Ber l-Ib. basket, 12W1SC.; grapes, Con- mrd. oer 20-lb. basket. 3541 4Qc.; cantaloupes. Colorado, wr crato, $101.60; do. do n5c. DAIRY PRODUCTS rili:r.Si:.-I.ltlle tradlnp. .but supplier moderate and values steadily held. Quotations I New York, full-cream, choice, inYi"t''nc-i 6n.. do., fair to good, 14'.4(tfl6c.: do., part skims, 8(3 13c. ULTTKIt. The market ruled firm under small supplies and a fair demand and price advanced lc. on all fanny stock. Quotations. Westorn. fresh, solid-racked creamery, fancy specials. 35c; extra. 33c; extra firsts. 31BjUc , firsts, 2SO(10r: seconds, 2.V(327c: ladlc-parked. 215f23c . as to quollty. nearby prints, fanci arte: do., average extra. 33fl35c.: no. "rsl"' nnriftSc ; do . seconds. 'JTnUr.. Special fancy brands of prints Jobbing at 40tf42c JX3C.S. Demand cond and prices of fin new-l.tld stoik adan'ed 30c per case, or lc. per dozen, under light off-rings. Quotations. In free cases, nearby extras. 05c per dox , nearby flrrte, $n.CO per standurd case; nearby current receipts. $".7Kn per stnndard case: Western extra, firsts. $0.00 per rase: do, firsts. JS.70SO por case. do., wconds, Jil.lsiu i.U per cnee. Candled nnd rccrnted fresh eggs wer Jobbed out at nfis-llc. per doz., as to duality. ARRANGE DETAILS OF CITY BOND SALE AT CONFERENCE Sinking Fund Commissioners to Ad vertise Issue of S825.000, Mayor Blankcnburg, City Controller Walton nnd B. T. Stotesbury, members of tho City's Sinking Fund Commission, met at the City Hall today to tako action necessary for advertising the sale of $S23.OO0 worth of hands from the balanco of tho $7,000,000 municipal loan of 1912. Tho amount of the loan remaining unncgotlat ed is $2..s:r..(y0. Controller Walton notified the Mayor by letter, on September 16, that tho available balance of tho loan had been consumed by contracts certified ngalnst It. He ad vised that a block of bonds aggregating $S25,(O0 be Fold to provide funds to meet payment of the contract. By ordinance tho bonds nro to be sold to tho highest bidder either by public subscription or by advertisement. The bonds will be ndvertlsed for tlalo Im mediately after election on a date to be fixed by tho Mayor. Mayor Blankenhurjf has always favored the sale of municipal bonds "over tin counter" to small Investors. This method has always provided a strong demand from the public for city securltlcfl. The Sinking Fund Commission is also pre pared to purchase tho bulk of the bonds in tho pending Issue. LAW HITS YOUNG FATHER Head of Kansas Family Not Old Enough to Smoke. TOPE3ICA. Kan.. Oct. . The antl- slgarctte law passed by the Kansas Leg islature a few years ago and rigorously enforced In Topeka Is oven depriving heads of families of their smokes. Ar thur Haynes. ono of the well-known farm ers of Jefferson County, Is telling of a young man who lives In his vicinity nonr Perry, and who, although under 21 years old, Is married and the father of a babv. According to Haynes, the antl-clgar-otto law Is being enforced in Perry quite n well ns In Topeka. His young friend, however, on account of being the head of a family, had obtained a special dispen sation fro monc dealer and was ablo to get "the mnkin' " without any trouble. I'innlly tho dealer decided to take no chances and refused to sell his special customer any more tobacco or papers. Tho refusal was a blow to tha youn;r man, who was completely out of his favorite brand of tobacco when he last attempted to purchnso some. "So I've got to lay oft of smokln' foi a yoar, liavo I?" ho Inquired of the ob durate tobacco sailer. The dealer refused to offer any suggestion anil the young man pondered for sevoral minutes. "Say!" ho Anally exclaimed. "If my baby's grandpa says I can amoka will you Hen me the maklna'7" The careful merchant still refuged to take chances and the head of tha family has decided to abstain for a year, $65,000 FOR RELIEF WORK Red Gross Wires Funds to Its Euro pean Hospital Centres, WASHINGTON, Oct. 34The Ameri can Red Cross today wired 45,000 abroad tor relief work In thf European war. Of this amount $2i.u will bs used for the Amtrii-aii ambulance at Paris. $l(i.000 fur tho American hospital at Puiicnton. moon for the American lioi pltal at Munich, IM.GOu for other Ameri can hospitals in Germany ami 110.00) fnr the American hospital at Vtonna. ROBERT'S ALL-STARS TTE, Frank MeCloskey's Chestnut 1 1111 Pro fessionals and Hans Lobart's All-Star battled to a draw through nln fiercely thfuutfht innings yeHi-iiiay. the Hm tid ing called al the end of the ninth with th seoelM Th game as thrilling and repletl and spectacular pias, being, wit nessed by nn immense Sunday crowd of mure than ' fan, who braved the cob) weather to thr inl.d teams of Amer ican, National. Trlstate and ven wieraj League stars perforin. AJNATIONALS WIN SPOKANE. Wash.. Oct. V -Hill Jams, of orlc fcc-rles fume, was invincible aft' i tie nrsi in rung, anu ma ah-Nationals de feated the. AH-Atnertt-aiis, II to J. la th ? first tening the Americans scored thr unearned runt.. IimiiKNIlS 1'K.tNKUN NATIONAL HANK 1'hlla Uh'Lln mi ag (m. Thr lllrinlwt hve M,l, li.. .lniaiJ . u.Ji. .i.i.j.I "in. 1 t H'ilir o I'Kit "bnt i-.. f tan mhIIj .V VKM1IEK J. ISM. Vj ctvUr -1 f ..-.. m .,', Of T.MM. -..- i ht sr. 1 1 le n.ll1 E E 1'AHHMOKK ic l'rj.lui uu4 Caliir. I 'A ft y v viuiri:i;apj.