gVEyrraa T,KrnEPHTTATLTHT:Vt WFny .REPAY. 'ArGTST 11,
IMS.
5U??LJNIDLECARSAND WESTERN RATE DECISION STIMULATED
n
PNT FLUCTUATIONS
h
neral
pres-
Statca
fro Rise n Railroad Shnres,
Idustrials Erratic Heavy
Selling ftt Uiose
NEW YOntC, Aim. u.
iino.i utocks cftme Into their own
".it street today, rclngntlnfr the war
a to tlie background, nt lenst
2.-.MIC Tho chief fetlmulntinff factor
K2, nubllcatlon of tho ruling of the
i!m rate caiie. Another bt of newu
Kiln the buns wns ine annm reauc-
WrWg.....l ln li ,11a mm nn I ho
.Ia. nt the country, but heavy uroilt
Mt developed oil tho .aty rise nnd
atii fen oat" .
fi-ihi Inst hour Irregular recoveries
feXort lived. Bethlehem Steel climbed
JKrf M did AUlB-ChalmerB. The rail
ffih hardened again, but trading was
Wt brisk as In tho morning, when
r- every Indication of a million-
BP ".... llollilMintn Html n.
IhLua 100 In the lato trading, while tho
SMtrf leaped 10 points or moro to a
8i (fit record. AlllB-Chalmers also
fa fitntd weak nt tho lost when
e&t, Jolooed against United S
SfLi ml tho railroad groups.
IMs foil effect of tho rato decision was
Rn.t. n tho Initial dealing, ad soino
f?.i wtt, required to determine thb
?? e( tho benefits obtained. Novcr
BsS. trnlnn 1'aclflc. St. Paul, Atchison,
'5'j, Haven, Chcanpealio and Ohio, Kan
sS flty Southern and Western Maryland
iif'raoved up a point or more. Tltoro was
; M mod demand for tho sugar atocks
t. the rise In tho price of tho com
vSvtaV Tho war Bupply shales on tho
ffinr. cased off, Crucible Steel falling
Si .iveral points. Bethlehem was also
sS : tack sharply. Unusual activity
?.L..S m Kansas City Southern, tho
total being based not only on the mto
IJdslon but also bccaUBe of expected
fSSin to accruo from buslnc: i routed
,ti the Tanar. . Canal.
BAfter a careful study of tho rate deci
sis the financial district was Inclined to
Mlntlne to the railroads. A number of
imnortant Items of trafJlc for which nd
wees had been asked are excluded
-, th. Increases allowed. These in-
dud facklng-houao products, live stock,
.in on.v irrain nroducts.
BThe traders began to sell stocks when
h decision had been thoroughly nsslmll
ti and prices fell bnck nil .(round. Tho
mIIi lost most of their early gains, while
'Industrials declined sharply. Mexican
Petroleum and American Smelting sur
fered from unfavorable news from Mex
ico, United States Bubber, American To
Itacco and Amorlcan Locomotive showed
rdecltrie ranging from 1 to 2V4 points,
.while General Motors dropped 4. Scars
Roebuck was an exceptional feature of
'strength: also tho United Hallway In
vestment stocks.
'The Foreign fixenango situation con
tinued to worry tho banking contingent.
On this side of Ihe Atlantic demand ster
ling and francs both mnde now low rec
ords. In Paris today Btcfllng and dollars
continued their sensational rise to 27.13
and 5.77 respectively, despite large Inter
vention sales by tho Bank of France.
Purchases vrero mainly agnlnst maturing
contracts and on account of leading grain
Importers. The scarcity of exchange on
London ana New ork is becoming a
ierlous problem for Importers.
; BANK CLEARINGS
I Sank clearlnts today compared with corre
sponding1 dajr lut two years:
t . 1013. inn. nun.
PWISJtlpnM.JS).''',.'ll,t IZS.IKIT.nTn Z1, 347.111)
ftMtdn ..., S4.fUM.8l8 18.0110.878 S.4l)ri,n(!t
Itr, lorK ,,3IZ,(iO:j,fK2 107,375,893 2U7,DIl),7U4
IB
JN,?Torlr
kicuo..
RATES FOR MONEY
Call.
1M,1Ii
11
!;r.;:;!;.'.':.-. :i4
Time.
BUWilli
VAH
4 4'j
PUIiLIC UTILITIES
Hity- Andrewnrthn, or Dallas, consult
JliiVtnrlneer of tho Dallnn and Soulh-
Ijflstfrn Traction Company, hus advised
Bthj;Board of Commissioners that the In-
ijguruan irnciion railway or mat com-
,f3j ra ue nunt irom uannH to Ans-
pind that a system of Interurban lines
Jl be constructed with Austin as the
Jjating centre, Ho Bays that all flnnn
J' arrangements for the construction
jjeyernl hundred miles of Interurbnn
m Have been made nnd that the work
U b carried on ns rnpldly as the ma
M can be handled. Besides building
think line nniltli frnm Tl.nllna tn Anutfll
Irjnch lines will run to Snn Angela,
iroijnwood, Lockhnrt, San Antonio and
Tlibablv In ntttAt tntvna
JKLH Dallas and Northwestern Traction
npany, which Is owned by the same
jtrests. Is preparing to construct nn
ijnjrban railway from Dallas to Den-
LT TllA mm vi.lll l.& . -A i... n.
bi ;.r " "" uc '"" " ."-
i Pennsylvania Public Bervlce Coin
Ion UDDrOVf.,! nnnllrnlnn fnf In'.nr.
KLn of seven electric companies to
y in ueiawareCounty after merger
the Beacon Llirht Comnanv. A
er was ffranff.d thA "Pnrmpra' 'Rlnn.
Company, of Penn Township, Lan-
ouniy.
K' COTTON
YORK. Alltr 11. Trmllnp ns
S in cotton this morning, but the tona
Plimi. TVllh firlpp.4 linnhani.! in ntIP
U hljher.
ft buying camo from scattered
i. New Orleans was a small seller.
her COndltlonH In Ihr. Rnutn wnn thn
!' lnflUPHPA Wn. iUa Hrai 4I...A In
Pmi tho Liverpool market was on a
r wim our closing of the previous
' After the call October advanced
flints on good buying and continued
W Arm throughout mnat tf thA ftnv
Hosed some 20 points above last
Open. Jllgli. Iiw. Clow
ii, t a
Yi.cloie
I.M
U.25
U.BT
U.VS
10.20
0.25
11.2(1
11.(11
0.08
10.17
0.45
.Kt
0.4H
0.TT
10.00
10.83
U.Tl
U.2S
8. as
U.bH
10.17
0.WI
9.41!
0.77
1U.IH
1U.SU
NEW YORK CURD
ZInr
BQ TnhHcm aLI 14
rlcan Tobacco now .... 14V4
i vm
t Drfifarrnjl .410
CotKolldatA.I 1V1
oanea SO
Soft
alltiv vimi 'aiiii" "'"''' 'tea u
iior TOU
valor preferred 9H
Oum "
ftir Kloreti '.'..' .'.'.'.'.!
VV Sioren urefttrrad li
.HA,'
.? .e
1BV4
456
450
IH
41
3
Ti
oAt
tJhaHnK iitfw
n
it sn
Dividends declared
iu,ult I'uinixiny. rosulitr quarterly
ui un loumwn, iwyalil llctobttr '
II rtl tint Ud..,un.Km -Hi mttA rAirilllir
, J ixr tuil. uu watat-iad. BayablA
Id tin. 1 . .... jl tw
i r s-.;. VS Jwhiw jmh
'i i itiiu roww uwfiA
I TatrA a.. rj?W
, rT.' "t"n .
i -wtpucm v
8np
i.isht and Power
r
infuur.
-'ni., payable Oetobar 1 lo (..
Cottjl
recular quar-
I B't'innlxr 10.
' tutrai RaDroatl, recular miui-
f lent tin UMar,il iuAtild OC"
C.-k . . -Aa a..-n.i.ur tl
APIttJIj. I'lillkttlV Sf r.nt iif illdlUL-
fpluo. j.,jh!( SaMantJMr 1 lu elW.Vi
t uk iui m
yurk metal market
New York Stock Sates
AKska On1,l Ui-ib"" CL?'
Ain.m..t. ""'
Allli-Chaim Mfg ptaf.
Aef Chcm pref..
Am Heet tujaf
A I'eet Sugar pref..
"" uibko a ft tf tc.
35!i
09
103
lllch. Loir. Close.
3-H 335 33H
3.r i
CWi
03
Wl
8S
107
43
71!f
03
83
107
42H
7l!f
03
r,HH
88
Am un..... 50,, u,"." '
nmanrwi... Irwu,- uvU inaii iiJ
Jsa.iJsra
Am r-M ".7V" "' I
Am Hide ft Leather'.'.' njl
Amllldti&Lt.ro;.,,, 2$f
kZ 7 K!r"rJ'V'l"" ia
.u j.unceu prcu ,
m i.ocomoiito
Am Mult m!
Am lli "'
.. ..on lilt'l.,,,.,,,
Am Mnelt A itei
Am Smelt A Kef pt U,
Am SnuITi ,
Am Meol 1'oundrloj .,
20H
Oll(
2a
8J
160
ilH
3oli
.'3)
12
30
fiolf
0
29
MX
81
150
13
111
130
4H
7
3ii
23
12
2U)
MU
W
27
bo;
81
160
I2H
110
02
130
60tf
7
31i
23
12
29K
63K
W
2i
805
81
160
110H
bO
Otl)i
it
Baldwin Loon..
Baldwin Loco pref...
Ualtlmoro & Ohio . .. .
Bait & Ohio pref
Bethlehem Steel
Bethlehem Mini nr...
Brooklyn Union Oas..l20M 12i
inuunjn nap irans.. a7i 87
8S!f
7
I7J,
6
t8(
07!(
r
Am Sajat itctlnerl(a...io)
Am rc-bacco v38)i 2TO m '"
ASwoS5,i,,"-SR! ?w mm
Am Wrttlne raper tfl. 8)1
Anaconda Uopper...... uu
Assets llcalltation 5
Aicnison r ft a K io;iu iniw tmii mixi
..-... ,. uum,.,!,, 1U4 ,,.. ,n.
81 MJi 7H 78!i
100 100 103 HI.-.
oais 34i 2 5
71 71JI 5U
i:uz jijj LUJ
13UH 15H 130
12.1
81!
llutto & bupcrlor
Jn rctroicum
L'nl rctroicum pf. .
Canadian Pacific...
Cent Leather Co...
Cent Leather Co pf ...10-1H 10UJ lOlli
vut'saiKjaKo a jaio ... mi
Chlno Copppor 4fif
82
flit
205
lul)
128
85'
6
17
38
Chlcaco Ot West
Chlcaco Ot Wost pf..
ChlRI &r
Chi Mil &8tl'aul ...
Chi Mil &t P pf. ..
Chi & Northwest
Col Fuel A iron
Col & Southern
Consolidated Uas
Continental Can
Continental Can pf...
Corn Products ltof...
Corn Prod ltof pf....
Cruclbio Steel
Crucible Steel pf
Cuban-Am augar
Cuban-Am Sucar pf. .
Del & Hudson
Den & Hlo Urando
C5U 0(!X ui
17H 17 10H
38 38 38
161U 1A8!( iiiM VMi
3S 43M 42,'i 42'1
lDHt
4HH
44)i
U
31
17
8ZH
12
1:7)4
40
2.S
120
HOW
10)1
16)4
13
32! i
8(1
12)5
. 32)4
. 18) i
120)i 127
.128 128
Hit 42
. 23 28
120J' 130)
. 85. 88
.103 103
15'--,
44)5
12)J
31
17
85
12(1)4
17)1
40
27)4
12J
8i!f
102)4 103
Wi Wi
Den & Hlo Orando pf. Hi
15 15H
81 Htii
80 M)4
1U3 105
107 1C0 -J 103
103M 103 103
14il) 140 ' 118
0 0
!! 1'JU
ucirou ituison 115 utij
Distillers Securltloi.... aO lillii
Domo Allnw ?M 22!i
Dul 8 8 ft All.... 1 fijj
Dul S 8 & Atl pf..... 4 0J4
Krle io; 30)4
Krlo 1st p: 46!-' -I6H
Eria 2d pf 20-4 37
l"cd Mln & Sm 28)4 27H
Ueneral Klectric l"2!i 172U 171)4
Oeneral Motors 213 217J4 214
General Motors pf ....100 100 100
Uoodrlch II F Co 62)4 53 61)'
Goodrich B F Co pf. . . 10.W4 1031f IOj.'I
Great Northern pi 110:' 120J( 110)4 110)4
GtN cfsror ore prop. 41-tt 41)4 4UK .)).
81f
70Kj
10J
HI
:S)4
21!i
4
8)'
20
UK
3 Hi
27)4
81)4
S1U
102
103
10 J
148
12J4
lMJi
28 '1
21U
5i
1M4
20)4
14 1
HO).'
2.)4
171H
213
100
62
105U
ciu 11 ih ai 03)
102)4 103)4 102K 10.-J4
. 10)4
. 3Wi
.107
. 204
. 73
. 20
. 0
. 38)4
. 32U
. 20)1
. 67H
5514
18
3J)i
10
20
73)4
20K
OH
38)1
33K
20
00
65)4
.10114 102)4 101
.147)4 148 MS
..113H 115U llo
. 34 34)4 34U
. Biil (5)i e5
23)4
00
5)4
8.U0
10
ir
10).
28
105
20
72)4
20
0)4
ZS'i
32)4
27
58
64)J
Guecenhclm Kipl.
Illinois Central...
I liter Agriculture
Inter Agrlculturo pf.
lnt Ilarr Corp N ..
Int Con Corp ,
lnt Con Corp pf ....
Inter-Mot vot tc..,.
International Paper..
Internat Paper pf....
Inspiration Copper..
Kan City Southern..
Kansas City 80 pf..
Lack Meol
Laclede Gas..
LchlEli Valley
Louis & KashTlllo . .
Maxwell Motors
Max Motors 1st pt .
Max Motors 2d p( . .
May Dcpt Stores pf.
Mexican I'etru.oum. .
Mer Petroleum pi...
Minn Si St Louis. ...
Minn & St L pt..
M st P & 8 b M
M St P & S 8 M pf
Mo Ivan & Texas...
Mo Kan & Texas p.
Miami Copper
Missouri Pacitlc
Nat Cloak & Suit...
Nat Cloak & Suit pf
Nat Knamei A -....
Nat Lead
Nat Ity of M 2d pf.
Ncv Con Copper....
N Y Air Brake
N V N II &1I
N Y Central
N Y O & W
N Y Chi &M I
N V Chic & St L 1st pref
liorfoik & West..
North American..
Northern Pacitlc.
Ontario Sil M....
Pacitlc Mall
Pacific Tel A Tel.
Pcnnlt It
Pittsburgh Coal...
Pitts OG&St L 70
Pressed Meol Car 01) J
Pullman Co 100
Qulcksllror 3H
Ity steel tiprlne 40)4
ltav Can Connor...... 23)X
Kmrilntf 153'f 164)4 161
IteD Iron & Steel...... 4454 45 43M
3i
I 00
I 8514
24
U
. 37
...120)4 121
13j 13:
. 8
. 10
. 2514
2X
. 7DS
.105
. 24
. I Of
0'4
. 14U
.12J
. 15)1
. 01)4
. :0)4
33
8)
10)f
254
2)1
71
32H
00
8114
SOU
. 1554
37
121
120
s
18
2o)4
2)
71
105)4 105)4
23)4 23
04H
0U
14W
118
15
01
20
33
75
1.0)4
0V
14I(
120 i
liUJf
02)4
201i
33
75
..1(.0j4 100
. 71W 71
.lC0)f U0J4 100
. -1)4 .2)4 254
. 33 32)4 32H
. 30 33)4 31)4
.110 HUH 110
24)4 :44 2414
70 7U
C2'X 6SH
100)4 100
3)4 H)i
40H 3S54
23)4 2254
17
30)4
105
20
72W
20)4
014
3SU
32i
20
58V4
54 i.
102
145
115).'
34)f
85
33
00
Hl.'i
80J4
10
37
121
132
.S
18H
6)4
2)4
71
10514
23
0IH
Of
14)4
118i
u5
01
2l
.It
76
IteD Iron & Steel pi... 1'85 08)4
HumlejM&Co ft)J 0U
Humley M Co pf... 30)4 15)4
StLftSF., 5)4 6)4
Seaboard Air Lino 15 lSU
Seaboard Air Lhw pfd 36)4 H5)X
Sears, Itoo. & Co. 161)4 168
Blo-Saef 3 4 I Co . . . 4U54 40)4
Southern radfla C0! 01H
Southern Ity 10H 10H
Southern Hj pfd 60i 60V4
Standard Milling 50 60h
Standard Milling pfd. 7JH 73)4
btuuebaker Co....... bOH 8
Tenn Uopper 42)4 43H
'iexas Co ............ 142)4 144
Texas & Pacific 12)4 13
Third Avenue 51H 51h
Tobacco Producti pI..103)f 101
Twin City ItapTr..., 01 0U4
Union Bag & Piper.., 6H 0J4
Union Bag & P pf .... 25 20)i
Union Paclflc 133)f 13 Di
Union Paclftopf...... 81 81)4
U a Ind Alcohol..... 07 07H
U S Ind Alcohol pf . . . 07 U7H
U S Cast I ir v .... iu iun
2H
18U
iW
02
47)4
U B C I P & F pf.... 43
UB Bed A Kef 3
United lira Invest .... 17
United Hr Invent Pf-.
U S Express
U blluobsr
00)1
44
Uati luj'f
71 7f
100
24
32)4
3J)i
H0H
24)i
70
0O)f
100
3U
38V4
23 ti
151)4
4354
18)4
0!(
14)4
5)4
15)4
35
160
40)4
03)1
10)
50)4
60)4
73)4
80)4
42).
142)4
12
30),
101
1)1)4
m
30)4
U2Vi
81)4
05
07H
18)4
41
IK
mi
30
03
47
08)4
6)4
10)4
654
15
35
151
411
00
ioj-
50)4
50)4
73W
eO
42)4
142
13
60)4
101
01)4
5)4
20M
m'i
81)4
05
07H
18)4
43
2H
03
47
H ?' u.??f.-;.v:;",:,nril imi iosh icon
Ksar. l::.r. '75 i tq' w n
U luk pf IHM 113K iw
Utah Copper., gOH -f
Va.riura Cham, of .....101 102 I
V litw Coal O ... 40
Wabaib n
WabiHi p.... , l
WtalemUBloa fiu- 7HM
ll lino It 4 AI. ...... 114
m
t
im
r
7M
Wiun OrttMBtl
witlH QTKtaad pt
.. -- -7 - ..,,
mi
"3
00)4
94
!
)4
X
110)1
71H
113
135
m x
I04t i
luiy
3S04
f
)
)(
nr
110
704
IM V
SSSSStfSTOiKIiE iSKttffi
. ,- II III'
FORBIQN BXCHANGB
NBW m. A; U.T. gJtiW $fg
LOCAL LIGHTING STOCKS
LIFTED TO NEW LEVELS
Heavy Buying of Philadelphia
Electric and United Gns Off
. sot by Deplines Elsewhere
It was a day of wide fluctuation) and
heavy trailing ott the local exchnnxe.
Heavy Felllnir of Electric Btornire Hat
tcry wax a feature of the mbrnlnir deal
ings. It wai snlil that at leaat part of
tho liquidation enmo from New York.
Cambria Steel and United Stntes Steel
also were under pressure and suffered
moderate declines. '
The market ns a wliolc was broad
and active, with a number of strong
ipots, notnbly the nnthrnclte oonl group,
I'ctinsylvanln, fnlted Gas Improvement
and Philadelphia Ulectflc. The latter
turned really buoyant around mlddav, the
huyliiR belnp based upon tho nddlllonm
buslncvi in eight for tho company,
through the erection of numerous now
plants In and nround the city to supply
wnr materials, Tho big llntdtvln erec
tions at Kaslngton nlone should increase
tho Philadelphia, tflectrlc earnings eon
clderably. Tho Pennsylvania ltnllroad
will also soon bo taking power for Its
now electric suburban line.
In tho afternoon Philadelphia Etectrlo
continued to climb, establishing n new
top prlco for thp year. United Gns im
provement extended Its advance to n full
point. The same Interests which recently
figured in the rlso In Cramp nnd Unldwln
were said lo lie operating In tho stock.
Official denial was made of the revived
report of a merger between United Gns
linpiovrincnt nnd I'hllndolphla Electric.
Whllo the traders bought the two lighting
Issues they Bold American Hallways and
Uatdwln down three points, whllo Drill
fell over live.
Cramp Shipbuilding shares were less
prominent than of late, despite tho news
that tho company had Bccurcd a contract
for a Inrgc ocean-going boat. This makm
the sixth ship to be built nt tho Cramp
yards, contracts for which were placed
In tho Inst few months, nnd other orders
are understood to be nbuut to be closed.
Philadelphia stocks have, by no means,
been luggards In tho general upward
movement which sot In a couple of
months ago. Among the local Issues tho
greatest gains have been icglstered In
Unldwln and Cramp, the former having
advanced from 4Si, on June 1, to nbove
SI, and tho latter from 37 lo nbove 71.
Storage Hiittcry hns had a lS-pnlnt rise,
and so hns Pennsylvania Htrel preferred.
Cambria Is up 10 points. These gains,
when compared with the wild gyrations
ot Bethlehem, Crucible Steel nnd others
In Wall Street, of course, heemrelntlvely
narrow, but, considering the conservative
character of the genernl trading tn this
city, the ndvanccs In the shares men
tioned loom large.
RAILWAY ISSUES
FOREIGN DEMAND
LIFTED WHEAT
Grain Supply Exceedingly Lim-,
ited Liverpool Market Dis
played Great Strength
PHILADELPHIA
MARKETS
New York Bond Sales
$1000 Ailnms nxiirccn 4b. .
1(10(1 Amer Agr .'
1IKIO Amor Ice ileh U...
VIWKin Amer Hmclt Sec 11..
4UKMI Amer '! cvl 4V4..
WW) Anicr Writ 1'np .",.
SIKH) Armour Co 4hs
24IKJ0 Atchison cv 4 Hi.".".
IIWKXI
Low.- Clone
I'M
M "IN '. ' "j III
MeliHon cv 4a llnai. . .101', 104U
IWOU Atchison cv flu 11117... loi, 101H
111HHI Llall A Ohio 4s HI
1IMH1 Halt & O cv 4VIS MT
VUOU lleth Steel 1st As lUi'i
iilKlll llr-lh Ktcel rfd r HHI'5
4WMI llrookn It Tr 6s '1H...100
1O0O Cnnadn South ." 10-.'
llMMMl Cent Pno 1st 4h X.V',
J10DO Chea & O hcv 4H 74?
luoo Chen ic Ohio :s IWXi
2(,C0 Chi Ot Went 4a HT
IVMKH) C II t t) Joint 4 I!i
41(4X1 C M & Ht I1 Ci ri....HC'!
KKH1 C M 4: St I" cv 4',i., . va'A
1IUU1 f. U, I, f JP. Ct .Int. R..1IH1I1
Mil
.lllli.
1UOO C Ht I M ft O dob
HIM) Clev .Sh I.lno 4l!iS.
lOOO Cot A .South 1st 4a.
42000 Con (Jos cv U
.VIM) Cmnberlana Tel 5a..
lixx) l)cn & ftlo Or .
lcHKM) uu Hecur Corp 5s
lltliiOO I)u l'ont l'oU 4M,...
2r,000 Krlo conv 4s Ser A-.
UiM Krlo conv 4s tier II.
LOIKI Krlo prior 4s
1(10)1 Hud Man In R.i
1QXXJ Indiana Stect .lit , . . .
7ll.1i, luwa Cent ref 4s.
100(H) !np cv ret .'Id td ft. . lMtlti
KWJ0O Intern Met 4!ii 7IH
:iwki Interli K T rer as
idmilH) Inter Mer Mar His-
4IXXI 1 111 nl Htm I'll nip ,1s...
17000 Kan City So Os
L'DMHI l.ui'ka Hioel S lli.M)...
.'KKK1 I.k Sh (leb 4s 1U2.H. ..
1IKXX) I.k Sh del 4s 1U.I1.
HX1 Ub & M T 5s
Kioii Ixirlllurd 5
tlOOO Iorlllard 7
Kiuii Mo I'ac .'.s in:'()
CIHI0 .Mo I'nc cons (Ih
2CWI N Y Air llnmn cvt us nn
Kind N Y C & II Wns 77'4
302(100 .V V C & Hud ret Cs..tai
KlilO N V C li Hud 4Hl N7Vi
1(1(1X1 N Y City IUh 10C.0. . US'
H(x4i x Y City ret 4'i toiW
IfHXiO X Y City 4lss 'IH listf,
WXKI N Y City -I'-jS TO .ii.lir
D7
H7
111)
?$
.. IX) li
..lolVi
..100
..120',.
.. 77,
II
.101111
.. 4n
.. MH
..las
.. 001?
.. I'.-l
.. 8S'
, . 1171
..108
.. K7
..10.1
. . 0.1
.. 04S
.. 70
4.1"i
Ii7
1111
111(3
NII4
2(l'i
KH)K,
50
1113
74 U
117
111
HI
?SL4
ioiu
1(10
120U
77
H.IS4
II!)
77',;
imtf
87 K
08(4
101
0K!i
102
A. DARKER MBLLOR
A prominent young Phllmlolphla
bnnkor, who hns just returned
from n two weeks' vacation Bpcnt
in Now Enclnnd.
I Sales in Philadelphia
Yes. close.
310 Allls-Ctialm ... .10
20 Am Can u,
luo Am llect sugnr
a Am (ia loll,
3(H) Anacondu Mln.. ..
477 Am llnthvava .. 2N
II Am II1111 tiref.. Wi.,
ton Am KmeltfiiB. . . Kits
tin Am Woolenn ....
Mid llnM I.uco .... 811,
tin Hurt & sun im. jh;
loll Halt ft Ohio ....
I1 1 trill. J 11 4ti,
Ti Coin Iron 421.
17S.1C.ini Sleet olij
II) Cruc Kteel
.'I.1-11I Mice SloniRo .. IL",U
000 Krl.i .10
to.l Oen Axplintt . . . SI'IW
l( do nrcf (i7Tk
XI Ilia Co X A .. 22'i
tin Key Tel Co 14
TiV' Lake Sup Corp. II",,
2211 lhlRh Xuv .... 7.-.
2". l-hlph V11I .... 72t;,
lid I.eh Vnl Tc nrcf .Tl
.1 Xorthorn Cent.. S!
10 Xorlhern Pac
UK) I'cnnti It n ... .-.It!,
4S I -a SJlt MfR ... UU
lir I'hilu Co .'Ml",
.','JK l'hlU Klee .... 2.1U
01.". I' R T tr cits.. 10f
2.1 l'hlla Trne .... 71 If,
HXI l'reraeil S C 1.V5
2(X) ltumelv
.ijtt
High.
Low, Clot,
.in., ....
21KI ltcndlnir .
in So racllle
IK)
U) Tenn Connei
12S Tonopah liel ... 4
O.lt Tonopah Mln. . . .V,
noi Vnlon Trac ... X1
2174 tr n I Mt
ivxthi I' s Steel 7M
21(1 War Ir ft 811... 10l,
1.1 Westmoreland CI (VI
1)0X1)9.
Last prev.sate. Jllqh
.ixxi Am if ill ,11.. HKid
40OO Ilald Iic 1st Sn.l(i2
r.(C C S sep May '17 US',
2000 Kl ft ! Tr 4s.. 711
.1001) Km III Car. fis...U;iU
loix) 1, V coal lis mas
orxx) Pennu bcii 4H. '
(Kl Phila Co cp 'lO.lUO
1.17 dn 1018 US
1700 Phlla Klee 4s... 7H,
2000 Heading gen 4s. D2
n.v, .v., s.v,
Illl'i till l.j 1011,
ON IW IlH
27 27 27
0"!4 1I7V4 O.'fi
Mji SH, MJ,
:w .'ins; xti
fl 7S1, 7N4
11 :u :u
Mlt ,HI(, Ml,
SO 4.1 4.1
4214 42), 42l,i
Mtf, X); Kt',-5
f-O), W, Ml),
i--.fi i (flj'j
M 2llk 211 J
C'.ift, ibi mi
22U 22U 2211
14 14 14
1(1 H)i tl'i
7,1' I, 74, 71
7tl 711 71
:i2. S2'i :iai,
Kfli K!, ."-2U
lion no?, no,
Wjl .1.1 .V.lJ
IXlU IHIi IKI't,
:;ii, .t.i ::
2.1 21 2115
invi id 10
7:1 7.1 7:1
00 en ivi
st .i'i .v;
7llji 7.1'',, Tfi'V
1)14 01 01 1 J
4.1 41 4.1
4 4 4
r- .11; -MS
V. .1.1 .1.1
7 miij SIIK
711 74t't 7l(i
10U 1(1 tl),
mfe oi, ni,
lllch. Iaiw. Clnao
SH 8S MS
102 102 1112
UHifc IIHI4 !fifi
7a' j 7.iw 7aw
io.iVi io.i'4 m.s
KinK ioa2 loajj
m 117' 1171s
100 100 100
IlH IlH OK
XO 7HS 70
1)2)1 2i Oiy,
ClllCAao, Air. 11.-A chip wits
khocked oft the bearish Mock xlutrtly
ntter tho opQiilrrn of tho tnnrkct lodny
when prlcotl tlghtctietl tiecntlsc ot devel
opment of Dtronrr fnreliin fleniAiuls. Whllo
, the apenlnK prices wore not fnr from par,
a rally fntlowed nnd they went up. jek
1 of Mock to dupidy the requests of for
1 elirnpr -hb nn Importnnt fnctor In tho
j nfcciislon, fts wnre ndt-crso wcHthor to-
ports from some sections.
September wtimt rose to. 1.0S lit tho
early hours, following the opening nl
1 1 i. It closed yesterday nt Jl.OTTx. The
sentiment was nrrvolls.
Ucccmlier hrouijnt tl.(f! nt the open
Ing ngnlnst 1.0lii aaked nt last night's
closing. 11 rose a trltlc. then begun to
nervously fluctmUc.
N'o strength dnvelopcd IA May, which
opened nt I1.1JV4. ns conipnrrd to 1.IJJ
bid nt yesterdays final sales. It moved
only slightly heforo noon with the domain!
weak.
renter May hnrdencd, closing tip M cent.
Other months worn up from 1 to nearly
2 cents at the cltmo.
Com mid outs displayed llttlo activity
nnd n transient! firmness. Iloth were
weak. The bearish report of tho Govern
ment Is sold to4bo responsible for their
weakness.
Kxport sales .reported totaled from
U'J to 4(X),w Uiohris to bo sJilppcd via
fill.' ports.
Great strength twns shown Inithe Liver
pool mnrkct. am tho I'nllcd Kingdom
weather mport continues unfavorable.
Hpot Is firm oMl higher. Cargoes nre
steady nnd strong. Winters nro In do
main! Millers nro nbsorblng freely.
Lradlni; futures rarged as follotvs:
Ycst'd's
Wheat Open. High. Low. Close, close.
Stptemlier... 1.07 l.lili) 1.07U 1.0.) 1.U7'L
J'ecember... I.('74 Mill, l.07Vt'l!' t.'IH!C
May t.12'i l.l.'llj 1.12 l.l.l'J l.12
Cum Inew dellervl
Hepteniher... 7.1!.. 7.V,
December . . i.l'l dlk
May liilii i'jp.
lOOIl 101131
4Hi 40
lono x Y X It ft If (la.
10(10 X Y Itwy ndj na ..
Kski X Y Tel Ken 4Ha. ..
1000 Xorf ft W cvt 414a.
anno Xorf ft W cv 4
Shono Xor Pao prior 4s...
IMX) Xor I'se gen Ss
4000 Ors Short I. ret 4a.
1000 Puclnc Tel 5a
4000 Pennn ft Alt ,
10000 I'ennn gn ct 4Ws..
14000 renna ct 4',4a
1000 Heading gen 4a . . .
12000 Hep lr ft S Ss
1POO nto O ft W rlt 4s..
.HVXi Hock Island oa ..-.-. "
:ri"0 Hy Steel Hnga fls '.11. 1)1 4
6000 st I x " 5 B 8 ff: S?h 8fs
lixio ft 1. ft S I' Bt-n .la..,. OUT. twIk
(XHX) H.-almfird A I. ndj fis. (12 (11T4
lOMiri) South Pac cv 4s...... l
WiOJX) do cv ret If a 103 tia wi
7000 South Pac rf.1 4..... SIT, Sl'i
yio South I'ae Term Ba. . .!)', W
140TO South Itwy gen 4s.... II! 0H
1000 South Itwy con ,1a.... till W)
2000 Third Avo new 4S....10O 10O
loflOOThtrd Ave artj 5a.... TOtl TOW
40(10 V H Hubber Oa 103 h lOJg
4!X)li() II S Steel &?.... 10-' JJ IOjH
ixioo I'nlon l'ae 1st 4s Mh Mji
H.Ks Union I'oe cv 4a OJt Wi
2000 Vn Hwy F 4 4.1V6 4-JV4
4000VaKwya 01
asorj) Wabash 4 IT IT
1000 Wabash 1st 5s... J0iH 'W
iJiux) Wall Elm ct la .... tSK 15U
17000 Wab.l Ter lstet 4a..
fiflOO West Bltctrle M......1UI
Xlixo W B ft l ov 3s w I.. 114
LKXX) W K ft M cv 0
n'H
irrp;
101',
ju.
ioov
112(4
103
Local
Bid and Asked
Today
Hid. Ask.
SECURITIES AT AUCTION
Tho following dccurltlea wero sold today by
names nnd Loll-ind, auctioneers:
lloeil nnd mortKaKo (llen by Washing
ton I.. Iloblns. dated lull ,lny ol Sep
temlicr. llilll. for 10.000. inyoblp at any
time within flvo years rrom that dnte.
ulth Interest nt iho rate of 5 4-10 Per
cent, per annum; said mortgage being
reenidcd In Montgomery County, Penn
ayltunln. In Mortgaco llonk Xo. Oil),
pago 20S, etc., covering premises, all
those certain II lots or pieces of ground,
sltunte nt Cynwy.l. Lower Merlon Town
uhlp, Montgomery County, Pennsyl
vania. Ixiundeil by Conshohocken Statu
Itfind and Intersected by Lodge's Lone,
I'eiurth (load and liadcllft Head. In
tui Id mortKi'Ro nartlcularly described
and granted with the nppurl'-nancc.
fjll to bo paid nt the timo or sale....J10,$0O
10 shra. i'lcnsnntvtllo (X. J.) Trust Co.; '
par 10() 11B
5 shra. Mlllvillo (X. J.) Trust Co 110
20 ahrs. Warnlck Iron nnd Steel Co.;
par $10
a shra. Central Leather Co.. common;
par tl(X
1.1 shra. Pennsylvania Railroad Co.; par
J.10
$100 Siinbury. llasleton and Wllkea-llnrro
Hallway Ct)., ,1 per cent., tlrat mort
gage, coupons May and Xovemlior,
due I02S -...
$10C Runhury. Haslcton ami Wllkea-Tlarre
K.'lliwiiy l o.. o per rem., pmiiiii
mortgage, coupons May and Xavcnv
tier, iluo lOa.H
13 shra. Xntlonal Hallways I'ubllshlnir
Co
8 ahr. Little Schuylkill Xuvlg.itloii.
Kallmad and Co.il Co.: par $.10....
10 shra. Insurance Company nf North
Amerlia; par JIO
,1 shra. Cllont Portland Cement Co.,
common
1 shr. IVun Xatlonnl Hank: par $100. .
n nhn Central Trust and Ravlnra Co. :
par $50 (WI
S ahrs. Colonial Trust Co.; par $50.... STW
4 shrs. tllrnnl Trust Co.; par $100 8ix)'J
1 shr. Pennsylvania Co. for Insurances
on Lives nnd nrnntlng Annuities;
par $100 Oil
IB ihrs. Pcflplea Trust Co.; par $M .IT
4 t.hrs. Philadelphia Trust Co.; par $100 720
10 shra. Heal F.atate Trust Co.. pre
ferred; par $100 62
t slir. Fire Association of Philadelphia;
par $.vi 317
T libra. Philadelphia Life Insurance Co.;
par $10 , JO
5 rhra. Chestnut Hill nallroad Co.; par
$.10 i COW
2.1 shra. Clernmntown (4 th and 8th
streets) I'usacnger Railway Co ICO
.1 sbr. John II. Stetson Co., common;
par $100 34215
30 elira. United Gas and fllix-trlc Co..
Ilrst preferred; par $100 .15
10 shrs. American Dredging , Co. ; par
$100 00
10K
4015
SITi
MPS,
1I0U
SO
B2,
1'4
Country's nankin,? Position Good
WASHINGTON. Aug. ll-Heports from 100
bank examiners throughout the country, mada
public today by Comptroller of the currency
Williams, shows a highly prosperous condi
tion of affairs. The general business outlook
Is declared by Williams to he better than It
haa been in a long time, War orders, Will
iams said, are In a large measure responsible.
l'nt-
Peptetnber
December
May . ...
Ijird
September
October . .
January
Hlbs
rVitember Oct otter ..
I'ork-eplember
ticioner
inV
0S
7.1S
111,
tiui'a
47.1
'01
1Wt
in
4()'i
t.'Pt,
8.1,1
N.I7
. s.r.o
tl.2.1
0.17
ia.')2
.1.VI.1
Hid. tABke.l.
4.'IH
8.IR
.1.22
S. II)
0.2.1
11.20
14. IX)
11.12
?!!'
l.'l
H.II.1
M.07
(t.a2
tl.0.1
11.02
ii.s.i
UI.S7
II
4o;
4.1",
tS.02
H.07
8.3.1
in. t.i
11.07
13.1)2
1.1.02
125
N.1.1
8.211
0.20
tl). 17
13.87
13.07
Financial Briefs
France hns tioughl 100,000 barrels
Minneapolis flour.
Tho cxportn of copper for tho week
ended July 31, totnlled 12,0:0,000 pounds of
which 1.47T.O0O went to Frunco, 4,400.000 to
Itnly, 2.000,000 to Hussla nnd 2.10S.000 to
Kngland,
The nutte nnd Superior Copper Cnm
pnny, for tho (pinrlcr ended Juno 30,
showed net operating prolltx of $2,107,IS3,
ngnlnst $l,OW,1j" In 1911. This was cuuul
to $7.71 earned on the stock.
Irregnlnr changes occurred nt tod.ty'H
local auction snlcs of securities. Mlll
vllle, N. J., Trust rose 10 points ami
airnrd Tmst :i. Colonial Trust fell 6V4.
whllo Pennsylvania Company gained 1.
American Dredging was down 3.
C. D. Harney & Co. and Chnrlcs If.
Henn & Co. wero btiyer.i, oCJhiladelptVln
Electric.
At it speclill meeting of stockholders of'
tho Goldllold Merger Mines Company tho
capital stock wns Increased ,'iom $r,(X)0,000
to Jii.OOO.OOO. A new board of dlreetprS,
wns elected. Elmer Cox, or s.tn rrnn
cldco, will become president of the com
pany. Lending copper Interests am now (loot
ing Electrolytic nt 174 cents, Hum brook
ing tho prolonged lS-cent deadlock.
C. P. Colwell, of Cnssatt & Co., hits
returned from his vacation In Virginia.
Tho New Mllford Cold ltollcd Steel
Company, of New Mllford, filed a peti
tion In bankruptcy, showing liabilities of
jns,2l2 and assets of less than $2000.
George M. Uosworth was elected chair
man of tho Canadian Paclllo Steamship,
l.td,, board nt the Ilrst wearing. Tho
company will begin operations on Octo
ber 1. taking over all the ocean steamers
now run by the Canadian Paclllo Hall
way and the Allan Line.
The New York banks coined from tho
Subtreasury since last Friday $2,039,000.
Philadelphia & Western Report
The Philadelphia and Western ltallny Com
iny lias Issued Its annual report In Pami'hlet
form for tha fiscal year ended Juno tin. 1U1.1.
i. uimuoii mta! operating revenue of $422,800
saalnst $.TI.Mii In 1014. Bipensea were. $210.-
010 uga nt $2tw.37T tho previous year. Net In
come a $0.1.420 compared with $14,374 and
enii.il to 1 08 per cent, earned on the stock.
The. surplus waa $00,113 compared with $12.2.19
Traffic statistics show that last fiscal year
the rotid .arrled il.firtl.nm passengers, an In.
cie.-se or 3(xl,l7il over the previous year. Ite
celrta per iiaaaenger wero 13.7 cents, an In
creiie of 3 cents, earnings per passenger ear
inlla 31.4 rents. Increase 2.8 cents, and ei
puisea per mllo 1U.2 cents, decrease 3 cents.
GOVERNMENT BONDS
TIM.
2a of 1031) registered 07U
2a of 1030 coupon I'7l..
Panama 2a registered Ill
Pa nam 2s of 1DS registered 1)7
Panama new 3a registered l')t
Panama new aa coupon
3s of 1018 ragUbred ...
3a of 1018 coupon
4s of 1023 registered -4s
of 1B2S coupon
.IUI'5
.woij
"
k
ssscs
Baldwin ........
do pref .,
Hurt it Sua t c,.
do praf .......
Cambria atxl ,
Kleatrle (Ttorsg
Oonaral Asphalt
uo pr
Keyatone
UP
70
,.101
.. 12
TO).
1011
13
S-'ili
(It '
La. Sun Corp ,fj 1
.1 nrcf
fannavlvanta
fblta. StbMlri
PbllA.Co .;
ib) 1 r omU.
to t par c8t.
rhlla lT
aa I
pf...
VmUut Tn! jK
ly
T-. L A r
Wm Vatp'i'i
i
ADYANCE 1 GASOLINE
HOUSTON. Tr. Alift. UcA
?? . .
ifjsswaEKiaR
JlUTa U miS Mfeitr wftt. 1 cajtfa WC
U dspltn.
sSajBBg
Or ACOOONTANTS
UIltKQTOKV
rmou 4"tt
INVESTMENT OPPORTUNITIES
The Annual railroad reports which are being Issued reflect the
unsettled conditions of the last twelve months. Unusual opportu
nities are offered the investor in standard rails. Our six-page folder
deals with the question clearly and concisely and shows relevant data
of eleven dividend-paying standard railroad stocks. Sent free on
request, Our statistical department is at your service for informa
tion regarding investment securities.
West End Trust BIdg., Phila.
ffl REED A. MORGAN & CO. SSbiXpffialEhg.
T
Brown Brothers & Co.,
.4,il Hi MA ...
Foiwru and CtretroaiT Streets
VIIILADEU-UIA
Qjgnjmercial Letters of Credit
Issued In Dollars for use Ih United States, Canada,
Central and South America.
CHAIN AND FLOUK
AVIIKAT.-ltecelpI. II8.0IS buah. There wnn
a rtnorf demand from loth millers and exporter
and trrlre rtirther n.lrsnced Xr. Quolallona:
car lets in export elector -No. 2 rul, tww.
aiiit ami August, Jl.lHfJl.20, No. 2 rul Weae
Jin.iwivll.2uri : Xo. 2 Smtlrtetn rwl. new,
l.inai.H; Meamer No. 3 red, heir, t.llt
J.lii; No s rjd. new, fl.Mftl.iu. reietla.1 A,
hew, I.10if1.12; rejetterf II. iw. if.OI9l.tM:
Ni. t .Northern tniluth. nlri. tl.VWI.m,
fOItN.-Ilecelpta, SOud bnah. The limfkol
ruled stead)- under ainnll tnpplte. but trnrt
", Cfiilet. CMetatlons' Car letrt Tor loettl
tftide, as In Ifxfillnn -,'o. 2 j-ello. W)tnitte. I
alenmer jiellow, HniftflPOiK-1 No. .1 lellow.
s,'(,ttfMjiC.
OATS.- Iteeelpta, Iseo hoelt. .Tlxre waa little
vfferlng, and old .V. 2 whiles wmo llrmly
held nt U7e. f
KLOt'll.- Itecelpta, HiO bbla.Urtd 7:W.!7I ,
In racks. Trado was slow nnd liie wero
largely nmilml. yuotatlona. ir luil llw In
;oo-Vlnter. rlenr, new. JI.7.X1.V do.,
Jrn ght new, Mf0.2(i; do., tent. new. $.:
Wrl.Oiij Kaiiaas, clear, new, Julo tncVa. fAtrA.l.,.
do., atralght. new. Juto wtcka. ts..1nft.(X); do.,
witent. new, jute sacks. B.C,'o.): ipting
first eteae. nl.t tit !ijiit hn. An ,ruili. nt,i
n tia..,.. . . T.. -.."..".. .,0 .... v. m
-il"1,,,,,i " iaoriio nmnas. old, 5i,x.
IL'-i-.v'A ""'is, cnoice nnii
7.2.lT.T."i; city mills, renular
ie"r, jiew. t.iTi.iii: do., Mrnlrcht, new,
i i.ji.1 -hi; no. pntcnt, new. wi.rKws.7.
IM i: TLtU'lt wna dull. Quolntlons: Now
Perneylvniiln In wowl i,t 'fl.TApn. New Western
nonilnnl nt $MtXT. In aneks.
PROVISIONS
There wna Unto trading and prlfica of aoina
klii.la won- easier. IJuotiitlons: City beef. In
eels, smoked nnd alr-lrled. SMtSlV.: Western
beer, sets, smoked, L"."i(lc.; city beef, knuckles
n.TM Undent, smoked ami nlr-drled. 27'Je.:
BRITISH, IN YEAR, LOSE
$1,000,000,000 TRADE
Kcducctl Exports, Due to War,
Kosult In Unfavorable
Balance
,,, ' .'""cri,. smorteu nmi nir-urici, ,inac, ,
etern beef, knuckles nnd tenders, smoked,
SiVc:; "' liens. :ilW.TJ; pork, rnmlly, alf
..K); hum. H. I cure.1, loose, l.T),fIlc t do.,
Jl.'"!!. l0l"''. I:l-1r.c.. do., do., amoked,
lili4e. ; other Imms, smoked, city cured,
na to brand and iitenigr, 14Htls-; hatna,
smoked. Western cured, lllWilrUc . do..
bolliHl, honi'lcss, lUBUc. . picnic shouldera. S.
J tured, loose. Ilftlliic; do., amoked, 11W
ll'le. ; bellies. In plchle, necnrilinit to avcrnge,
looje. l2HHHe.; breakfast baron, na to brnud
ind nveniite. cily cured l7?ISc.; breakfast
bncwi. Western cured, 17eiRc; lard. Wcatern,
r.fri'.'",,' 're", umioijc; do., do., do., tuba.
UUttttV.; Innl, Pino rlty. keltlo rendered, In
tierces. 1UjmV.: lanl, puro city, keltlo ren
dered. In tubs. IHiflliV.
11EFINED SUGARS i
The mntliot was gulet nnd unchnnKed. We
fiunto rentiers' list orlcca. subject to codec a-
Mnna nt ft noli, la. FfTundMnl ...ila..4 K ?r.k
R- " - ....... .,,, n. ..n.i.n.ru. ... iv,f
.tc,; extm line itranutnicd. n.iv,tl(t.7(ic. : I
powdered, .1.7.-.tfn.8(ic. ; conrectlonera' A, 0.B3W
...0O.- toft urndea. 4.M0.vi.-,e.
DAIRY PRODUCTS
lltiTTKIl Fine atortt sold fnirlv nnd ruled
llrm nt (lie Int.- advance, with supplies well
under ,-ontro l'nlliiwlnic nre the quotations:
western solld-ickrd crrnuiery, fanc spe
cials, ail,-., twira. l!ic. ; estrn llrsts, iiiluMIic,:
llrsta. '.'.MiiriHif. ; reronils, KHIiflc. ; neurby
prlnta, fimcy. .'inc.; do., averaite entrns, :'su
Mlc.i do., f.tlr toKiwid, 2:,jJ'Jtic. ; Jobbln aales
of fancy prints. HMI.'l7c.
E(!(1H. There wns a kooiI nutlet for tho
limited receipts of line new-laid ecus, values
of which were llrmly tnnlntnlned. Folluw
Ini! nre the quotntlons: In free enses.
near!,- extras, U.lc. tier dos. ; ilritts, (3.:io per
rlnnilnrd rnn'i nearby current receipts. $J.I04f
..7il per rase; enceptlonul lots higher; Western,
extra llrsla, il.;ui!ill.i;ii ncr enso, llrsta J ,1 ,V,w
rilEIJHK.-Tho mnrkot ruled sternly under
trndernto offcrlnKS, lint there wna little trad
Inir. (juotutions; New yjrk, full cream, now,
11trl4Vic; do., do., rulr to Rood, new, VMHf
i:t',i ; do., part sklins (Hil.'lc.
POULTRY
LIVi:. Desirable stork sold fnlrly nnd ruled
steady under moderate otTcrltiRs. Kollowln
tiro the iuntntlons: I-'owIh. ns to (lunlllv, PKr
Kl'.so. ; rooaters, I Iqi l'Ji-. ; broiling chickens,
fancy, not leghorns. wcUthlntr lljti'J lbs. apiece,
"Jlttrjc; do., not IcKhonis, welRhlnK Ml'i
lbs. iiplecc, 171i Jdc: do., IcKhonis, n-elehlu
l'itTtf lb. nplece, ITMlSc. ; do., da.. elthlne
KM', lbs. nplece. ir.iilik-.: ducks, l'ckln. old.
l.'ifillc; do., Indian Hunner, old. It!fri:ic; do.,
joiitnt, ucroidinir tn slxe, l.",ililo.: itxrns. old,
per p.ilr. siu'Jtr.; do., yuunir, per pair, i'.)Jii'lc.
DUKSHIlD.-'rhero whs Utile troJlng, but of
ferliiBs of de'lrahlc rtnclt wero llsht nnd
Milues eio steadily held, (juotntlons: l.'reih
klllel poultry, fowls, 11' to box, dry-picked,
fancy selected inc. : welahlnir 4iiM0 lbs. apiece.
l.'-'ic. : wclKhli
welKhlni: .1 lbs. nplece. li
y FRANCIS W. HtRST
tWKor of the Btonomlst
Snevfal Co Me la Die Kcenlno Ltdgtr.
LONDON, Aub. ll.-The preserit strelxft
of wet wenttirr here In unrnvortblo to
the linrvpgt, but exiierta liopo that lood
nrlcca will not rlec, ns American nhd
t-'nunillnn crop reports nre Rood.
Neutral observers'' assert Hint Oerrmny
qxpects very InrRo crops of wheat Ana
potatoes, the beet ntea being much re
iluceil. Iteiiewed sales of Treasury bills at
lllfflier rntMl ImttnlM n .(Aal,A ft m,l...
''fancy'1, rSiJnt ' "V," ,h.e ,,rloe of muny ,n London,
grndea-winier, I uoiirtl of Trndo returns for July, coni
pining one year or me war, show full .
reasons for the unfavorable state of our
Ainfrlcnn MclmtiRas. Owlliir nlmost en
tirely to reduced exports, wo appear to
owe J 1, 000, 000.000 moro thnn In the pre
vlous yenr lo neutral, colonlat and nlllea
countries.
The gradual ehrlnkage of our export
able surplus is rlRhtly attributed by "The
Morn I im Post" to Increasing illverslnn nf
i workers, especlnlty miners and. factory
iiiimls, into uriiiy nnd tminltlonsi work.
DROP IN IDLE CARS
Nut Total August 1 Wns 11,303 Below
July 1 .
Tho net number of Idlo enrs on tho
railroads of tho 1,'nlted States on August
I amounted to SGI,2I3. This compared
with SJo.tod on July 1 nnd 1M.66J on Aug.
1. 1011. Tin. decrenso In July numbered
1,333 car. ,Tho decrease In surplus cara
under July 1 Is chiefly In coal nnd gon
dola cars In the 'East and box cars In the
Bouthenst and Central, o'' t by nn In
crvaso In the surplus oft irs In tho
Central North.
Following arc tho car
oils dates:
BTlrTBijai.7"; varl-
tDerfSBfe).
Number Idl
unto. , (net)
iik-. I. it)!,, SUI.SI-t
July 1 ... ZTn.tctil
luno I ,(,. 2:ni,!CS
Mny 1 sii,.lici
April 1 3:7,001
Mirch 1 !r.'l,717
)''eb. 1 2711,411
tliecrenso under pretlous alatcment,
crease.
11.1
2I.SI7
s.ia.1
M,7t
as.4
4S.XVI
lw.air.
in
rati
iplci
lbs. nplece, UiaQl.iv
ilec.
Ice-pac
sizes, 1.1ifl7c. : old roostem. ' dry-picked. i:.c. :
btolllm; chickens, Jersey, fancy, iltissc.; other
nearby fumy. UIHliilo.: fancy, lama yellow'
Illinois, welKhlni; Vfi.t lbs. apiece, SiWiXc:
Western, uelghlns IMC- lbs., imt"0c.; do.,
wcUhliiK Ull'i, lbs.. Klfll'.c,: spring ducks.
l(Hrt7o. ; snunbt, white, nclgllltm lliflli Ilia,
per .Inn., f'l.niiifl.liO; white, clnlilns Willi) II11.
per dos.. flWl.W); while, weighing 'M lbs. ier
dos.. fS.V.iS.il3; do.. 7 lb. per ilox., W.KHC
S.i- ilo.. UtjiUi lbs. per dox., gl,ti0fl.tu: darlc,
JI.Min.d.".; small and Xo. 1', tl.
FRESH FRUITS
Cholco stock was In fair request and gen
erally steady. Quotations: Apples, now.
transparent, per hamper, noc.fljl.i'3; peaches.
C.'corsla. Hello of (leorgla, per crate, sl(fl..tu;
do., (ieorgla. laberta, per crate, Ilttl.."i0i do.,
Jersey, per LatKet. l.".'i( in.?. ; pears. Southern
Lo Conte. per bbl., ?.t1i; (trapes. North Caro
lina, Delawnres, per S-baskct carrier, l..MO-:
lemons, per box, Uip.M; ornnirea, Clorlda, per
box, J.1.uOf?r,; grapefruit. I'lorlila, per box.
fltl2; plneupples. per erato Porto Illco. 1.50
Sll'.T.-,: I'lorlila. ?l.:.0f:'.i.".; plums. Ororglii,
per carrier. AOe.fill: b)aekbcrrle. Delaware
Maryland and Jcre, per it., ."ffSc; goosu
berries, per at.. IIJillc. : huckleberries, per ql..
UtfSc.; cnninloures. Marland, per standard
crate, $lffl.2.1; do.. North Carolina, per stan
dard crate. IHJI. '-''.: do.. N'orth Carolina, per
flat crate, 40850c.: watermelons, per car,
100'f'.''jn.
VEGETABLES
Demand was fair nmi prices generally wero
well mnlntnlnod en jrholco stock. (Motattons:
Virginia, per nni. o. i, fiv
whllo iioiatoes. Jersey,
per linsKct N-i. t itose, :ic. ; m I utner
varieties. SO'li'S.'., Nu. s, IOC,
Vnrth I'arnlfns. per bbl .No.
SI.TSH!!: cull,". lfl 'J3; aweot lutatoea. Jersey
per lj)sket-N'o. 1, (HfTI.2.1; 'o. i". ZtKI".i
nnlnn", Jer.e. per K-bush baskat, l."tf-Uc:
lo., Enstoin Shore, per hamper, UdftlOc.: com.
Jerey. per Uisket, liSff (uc. ; tomatoes. Jersey,
jrr I'llBUCl u. m,i u-m . M. u-
iMININtt STOCK QUOTATIONS
TONOPAH BTOCKH.
,i .. . ' "IJ Ak"l
Jijii iiuiier m .b
Midway nt ,u
Mlspah i:tcinlon .M .21
.Montana, ,;i
Northern Star ; u .15
Thnoinh llelmont 4 4,.
Tonopah i:xtenolon -M 2",,
'loniipah Slerger 31 ..W
loiiopali Jllnlng (IH 8U
Iteseuo Kula ; o ,0S
West Erd f,7 .59
HOI.tlflKLD STOCKS.
Ajlanln .', .2:1 .31
Uluo Hull r" ,ot
""'!' .44 .45
llulldog ui ,,,
C O U vl ,,
nniliinntlnn Fraction 07 .0.1
lilamondllelfl It II ( .(ri
Daisy 01 ml
I lorence , , 14 ..pi
ilobltleld CunFo'ldatcd 111 l,i
(loldlleld ilcignr SI LJ
Jumbo Uxtemlon, 1.4.1 LIT
Konnnna hi jt
Oro , 07 .iw
Sandstorm Ken .., 03 .07
Sliver 1'lck ,07 ,(M
MISCELLANEOUS.
Kalry Axtoc ..,....; 01 .w
Klmlierly ui ,.
Neiaila 1 1 III j 17 in
Nerada Wonder 1,10 li43
NEW YORK BUTTER AND EGGS
XHV VnitIC, Aug. 1l..-!IITTEn. Market
JiMker: recelpth, 12.7RI ucl..igea; exlru. i'llis
Ji.i.c; higher serins'. 2(l?;i'.'7i4C; State Dairy,
i'.i"jc; Imitation crenmery, UfiFSitve.
K(I(lH. -Market firm; receipts. I.V2IJ nack-
cs; cjlm first. 21!jfi23c., regular packed;
uraiK, Iliif,c.i2Ic., regular packed: nearby
,1,,,.,-D, ,.,t.,.,. , una, -11 ,-nigr, !..(
AU, nvurii uroivne, aO,f.,uc,
packed;
nearbs
IMfj-Jlc, gather-
RISE IN SUGAR PRICES
NRW YOIIK Auir. ll.-Th Kcdernl Sugsr
ComtMiiy nUvonceil Ha prt'-i' on standard grnnu
Uleil siisur Id rolnls to ."..mi ccitla. Svot for
mwa roa 11 ilnla 10 4.77 rents.
BAR SILVER
Li'NDO.V. Auir. It. liar silver was quoted
at -".' ti-m ieiice rer ounce, oft 3-10 Iron
j cl onlay's prlru.
Whllo potatoes. Vlrgh
1.2.1; No. '.'. .10fi7:.i:
'. ; sweet )otntoea,
1. l:i.2.: No. S.
second
basket.
early. 2033e.;
uOC.tffl.
mushrooma, per 4-ll
LIVE STOCK QUOTATIONS
CHICAGO. Aug. 11. HOCIS.-necelpts, 20.000
head, market. Inc. higher. Mixed and butoh
era, (.:;0fi7.7()- goo.1 heavy iii.407.:i(); rough
heavy. (l.l).1fiil..'l.1; light, 7.li3w7.73:.pUs, t3.ii.
ui.rA: hulk. $n.;io4i7.i3.
t'ATTLK Hecelpts. II. (00 head; market, Klc.
lower. Heeves. 0.4010.2.1; cowa and helfera.
Ikuu.:io, Texans, ft;.b3tl!.a3j caUes, eU.t'J
SIIBKP. Hecelpts. IR.OOil head: market
steady. Native and Western. f3.EO0U.lHj;
lambs. T.lOtit
Germnn Bank Gains Gold
HEIU.IN'. Aug. 11.- Tlie nelchsbank'a weekly
statement shows Increases In gold of i0.23Ui
securities, xi.lul.30O. Metal slock, treasury
certirlcates and notes ot other banks decreased
2U.r2:l,7."0, dlsrountr. Including treasury paper,
1.1 4n..v0. liMiis. (DOI.7-10; note circulation.
f2().I'W.3(sl. deposits, JI.7,VI,000.
DMTED GAS IMP. CO.
J. G. BRILL CAR CO.
WORLD FILM
nt once
urcurltteis
Cmiiiiiunlratf uttli n
rfKanllnif tlie bIjoio
HUGHES & DIER
Hankers and llrokrrs
Members nf Philadelphia Stock Rxohange
Members of Chicago Doard of Trads
1435 Walnut Street
Philadelphia '
Direct Prlvata Wires to NEW YORK and
PlIILABELPHIA STOCK EXCHANGES,
CHICAGO HOARD OF TRADB, NEW
YOIIK CURU and ether Important markets.
SOUND INVESTMENTS
RlAZIERfrCbl
HA77ICRHS
J32S. iniust.
KSSSSSSSSSSS
between discounting acceptances or
notes received from youi customers
in settlement of their open accounts, aa advo
cated under the Federal Reserve Banking Sys
tem, and selling your open accounts to us for
cash, without bothering your customers for notes
or acceptances? Think this over!
Well-posted Business Men and Bankers
concede that our System fills a much-needed business
want, and at rates which are no longer excessive; also
that it is no longer sound to discourage or oppose tho
sale of open accounts to a Company of high standing,
Eroridcd the money yill be legitimately used in tho
usinoes. " ,
Notice of assignment on invoices Bent to
customers was never intended to be, nor ia it, any pnb
- licity to creditors. No third party or Banker can collect
your accounts for you without injury to your trade, which
is exactly what the "Secrecy" under our plan avoids.
Custom and progress quickly overcome
prejudice. Shall time-worn prejudice alone prevwt your
doing btudneas with us? Be progressive!
IjmfrUgate us. Ask your Banker, Dun or Bradfitret
Wilmap4W8aHy for , t
I urthwrfMYa and literature. rf Jaaaa?
Commercial Credit Company,
Capita! ami Surplus over 31,600,000
Commercial Bankers Hon-Notlfiealte. System
Howe oinct Baltimore iuBtxi i
New York Philadelphia Chicago Cjnciaaati Beat
IKh
11 Tta wmi l"lit
l.i-ifui offewwi a i 4 Ivc.
i Atui. whb Pfl. t
war wUtti
. s" ,
N.
,WLia"
lliJ I
1. 1 (
CablfM to
Pbeos LouiMrtl
Walkttt .
i a, ,
,.M -r-r.-iu:.., .n .i,,.