EVENING LEDGER-PHILADELFHIA, WEDNESDAY, SEPTEMBER 8, 19X5:
H!
iTTON GINNED UP TO FIRST OF PRESENT MONTH SHOWED DECREASE FROM LAST YEAH
a
S IRREGULAR
AT CLOSE OF SESSION
Soecialtlcs Lost Part of
Vflieir (Jains Crop Report
Encouraging
j
l- fonK. Sept. s.-upern.uons on
LirorK Exchdngo tbdny were much
UIO
rJH nillnn yesterday, In that
j.i very Irrcuulnr. with-a strong
'l ,her vlcorous buying, then
Action from the best, followed by n
LS:,.t recovery nil around from the low
rwu"' .... aAampn Tfi nn niinm
j,,.ltVC inw't" ,...... .- ,
i. divided between a number of nrom
! dltiau ,,, I of the, morn
.'induVtrlftls In the early hotjrs.
KUte Jnu"" .. , iinVo lost Interest
'? ,T..rin affAlr. nnd the great
"?. ..mi( n await dcvclonments
tejTrt coming to any conclusion.
"... "LJ.tA awinir tho war sncclat-
made the largest gains. General Mo-
lng up Bi4 points and Crucible
a nwr 6 points. Tennessee Copper
":'.. not In the copper group.
J5r ud at one time 2M points. This stock
mi in the opposite direction from the
mVri ihn metal shares, which were
J9.rilly lower, despite cables from Lon
TBI" , hlhr n notations for the
.JOB it iiij, ".-,,. nnclt Tnlnnr! tt-n.
ry weak In the early hours, losing J
int5. but recovered before midday.
'V.i-'ii..- firmness was shown by I'nlted
i.im 8tecl throughout tho day. nnd It
m .... ...1,1 rtf1n nVinvn VfiRterflfi v'fl '
JZ,e. Jt Is understood In several quar
:!!; ih Street that new business at
M irate of between 9500 and 10.000 tons
Teicess of shipments has been booked
.:. !.,. 1nf tnnntri. nnd the fihowlnir
if the tonnage statement on Friday Is
Mvected to be frood. The outlook of the
Mel tratlo as a whole Is very good. Itall
mdi have begun preparing their esti
attu on 1916 requirements, because of
0 abnormal demands being made by
luropean nations for war munition steel.
TH steel trade figures that the rail
taflns for 1W will bo much larger, as
2e railroads have been making their
M rails do for the -sake of economy,
tad their replacements' will bo larger.
Ml orders since the first of tho year
trtil 1.214.O0O against 1,253,000 tons last
W4T.
iOvershadowlng all clee In tho afternoon
Ji an upward movement In Bethlehem
Steer oM2 points from the close of yes
terday. War specialties were the most ac
df,'Wlth Dethlehem, Crucible nnd Gen
ettl Motors leading. At the top price tho
ttr"rhade a new high record. Trading
mi not 'on as large a scale In the aft
ernoon as In tho morning. "Western
Vnlon made a good response to the In
crease In the dividend from 1 per cent.
oarterl$. to 1&- per cent., which places
tie ttock. on a 6 per cent, basis. The
storing wb Irregular, with some of the
specialities losing some of their gains.
Bethlehem, or Instance, dropping back 3
points.
With .respect to the latest gold shlp
nenf'from London It was announced that
thereS was' American gold gain valued at
f,80,OW- nd British sovereigns to tho
amofint'of 2.390,000, valued at $11,615,000,
asking an aggregate total of J19.406.000.
Kethlag was said as to the amount and
description pf the securities which came
erer with the gold. More gold is ex
pected to come in very shortly. Cables
tma Paris today said that French and
British bankers nro prepared Jointly to
tendlup' to. 80.000,000 ($400,000,000) In gold
to this country to steady exchange.
SThe" most encouraging Item of news
eamtJate In the day in tho shape of the
flCYerhment crop report, and this was
a ijlmulatlner factor to the stock market.
Tie estimate for all wheat as of Septem
ber wa for a total production of 981,000,
M fcuahels, a new high record, and 15,
HWSTbuahels above the. August estimate.
IMprevlous record yield was last year,
lienjthe final was 891,000,000 bushels, this
2ff estimate being "90,000,000 bushels
rf. the corn. Oat and barley crops
till also be larger, while the rico crop
HI be .smaller.
l
BANK CLEARINGS
BenK cTeaflnas today cnmruim -with n-rA
awuUm diy hut two yean:
. mm. 1D14. 1018.
2.I'520'717 2i,oon,48t i22,8,w,rim
.vi8.0SJ.2S5 1II.S22.J12 28,002,873
tU2.jt23.fnit llTll.hit.WM t271.HIM.IMM
. a,2B9.8Tl S7,007,C05 $3,(H5,207
to
f?
.
wo ...
Xorlt.
Itlmcre .
X
, RATE& FOR MONEY
can
.mra4
2
Miieifhii .., ...
ii3.l?wLt,a"er.' three to
MilDlU,- OH94 per cent.
H
f) Reserve Banks' Discount Rates
Time
4 4i
2U4
i!B4 sa,i
six
months, Phil-
4
tx -
STork ...
ottt-, "...
flan4 ....
"KSmonil '...,
iifcta
JtwR . :
tfMClty....
1 to
10
:t
., :t
., 3
-Days
wrrtncUcVi;
"srount rate
11 10 .u to oi to toi to
30 00 BO llmnn.
M 5
4 4 B
4 4 B
4W 5
4 414 6
4 M S
4 iV, S
.4 41? S
4 4W B
4 4t5 5
4 M 6
4
4
4
4
4
4
::: t
. 4
Imum-Vo '.'? -.r. D?nli'ra- acceptancea-
it." , " ""H nu maximum, 4
llmltarai' and llveatock paper onlv.
l-er
FOREIfJM v.vnitA-Kinn
LSSS' dnVl'." "'"
wmf. "lUOted for Lmanri t.i,-. ......
KU. h
"M. l.fflVl
: demand
V. f """"w Birrung wan
to from Tuesday', elosi. Ht.rlinr
rSS?' '"Hi trancr cablen.
iWa, Schin. "J .'"' 9-i"t demand, ft!W,
naming sieaay ai.
forenoon. nnt undH,n
TllA liflvtan .,. a ...
rcporta that a prominent liankin
fc.(l,f2oren'oordeI
I'0 4.6JJ,
H. ir rem
.WuiiiJ: ""'-..". preraineni uai
v T- -!"'" o'.uruiea tor rorelgnera.
uarxa.
Government bonds
' tlM ril...,.i Bd.
Bterhng. Franca.
"Mi r..ua
.3 0.t
l.lre.
tl.48
U.4U
l.T-fcV
SI l! .,J.'ta.
7
07
ji m is:w r.ii.;.::i ks
C!-w a; 'fs:;r.;3 .x" .
.isKa3iiS::ii
Aakad.
BI4
101K
102
k .;a;-"uiio
5S?'"
WMVIl. . ,
.U)l
,.10U
..100
110i
SECUlflTIP-a Am iwrn....
BfitlP!r!J Clty f.n. Suburban
CxJ-V4'.Co. ; par SlOO tot a?
H17t uuin in th Pin.. .1 -."
SfrViiap - "" i:
tH?a .ui iihi'
wwa'Sxiin.- .i.j-i.v--- ..-- -M
ihkfc .' an aain i-inn clh
lSSV!-vwa'
ffianlU?.ri100,"'I ...200
ttiTViS.V'Ji co. j par w. . . ; ;;v-
tPWla ,4?nlt Co-i Par 100.100
! Jjj "pa rSc-'lu''k'' JTta
! &md.n Vip.i5: ; Ji'ii' ?S
dS?KKlw.KS8
rUIHl(u1 al .' atwi.v""'. " fiVVk)tW
Lt&'& '; v 3
.rsr B2fiD.T w v.nt. i.t
i-.r,w,ii,jr i,na juiy.
......... , cv
Bay Short
S.4& Daari
.. llntlV. J.!. -? F f "t-. '
li duV Tigio""? ntt ?"
tt ia
Uahe a irtu,A rA k .
"eoifii.n .-i."r:w"-;." i
ah ,T .,' ,,J"V . mwrt
ais,?;:? wir sue
'onrJ'"nt"-
.
em
1M4
iVcw rdrfc SocA; Safe
BAR SIIjVKK
.Ul. ,. ,. tast eloas lllrt. Low. Clots.
Am!:nl!l!m'",V.,,V 39'f M, 3S 39X
1",' Chemical m Mi al wi
Amjieetsagar co 07K 05K G0'
m n?if ;"; 105 105 105! 105W
A" COM Product, m4 l5i XM( 150.
mVtMn.0,U".V iW 0 60
altM8itL'Vh,, H, 8 8 8H
aSi,u85LbC 3W 37, 37 37)1
Am tL1'nsc?,V 20 20U 10' 10H
AmLlnscodpf 37 -MH 3iH 34
aS c?.mollT 63U 53i 6.1 63)1
Atn Malt...., a 7i 71 7.f
AntMsltpf 28 27 27 27
Am Smelt RoU 81' blH 81 81W
Am cm u ,le'.,',, 10oV 10M WOK 100M
Am bmelton pt 11 81 81 81 81
AmSteel FoundrlM.... 52 82 Hi 6'
a 2f1M.,Jjn.nln 109 110K 100 109
Am rel Vli)t Yi2H 122H 122
AJl' Jl8.' 38) 3, 38W
A?5fS5'1i S0SP0' 7U 71 09t 70
fuw-T s K":,' 'S'" 101M 101 10
nJMimta LocoJ??tlT" 70U 8UM 79)f SUM
Da mow & Ohio MH 83 t)i M
Batlmore&Ohiopf... 70U 7QJi '0X 70!f
S hem Steel. ..... .29 j aolT -uO 301
Uethchcmsteolpf M0 MOW 140H 140H
Brooklyn Uaprtan... i, 83i 80 85 88
Brown bhoepf. i 82!i 82 8
Butte A bupcrlar 05)j 07J1 00 '67
Cs l'ctroleum... i7j i85i ltW ISV$
Cal retroleum pf 43 44U 41 jiu
Canadian 1'aciac J.54H 155 lS3)f I53?i
Cent Leather Co 44 44 44 44
Chesapeake 4 Ohio.... 40 49! 49 40K
Ch no Copper 454 46) 45)4 45U
CWcacoUreatWest.... 12 12 17 11 f
CblKI&l'ac 20 20K 18Jf 10'i
Si.cf Sl??f 120M 121H 121 121H
S'J "5 115 115 115
CCCibtL 35 32 32 32
Colorado tuel & 1 47 4ju 401 4.114
Comstock Tunnel 15 15 h ,4
Consolidated Gas 126H 128 PO l'8
Continental Can....... 85 Htii tj X3H
Com 1'roducU Iter 17 17J 17 17H
Com Prod Kef pf 8iii 82 8i Si
c.rM,CaJP0t4 40 40 40 40
.trucbobteo... 84!i 89H 84H 87
Crucible steal pf 103H 105 101H 104!
Cuban-Am Sunrpf..... 109 108 108 10SJ
Deere &Copf.. 93 OJ OJ 03
Distillers bocurltej 20 20 28 20
DomeMlnes 21)4 21!f 211 otf
Electric Stor-Bat:...;. 72 73 70 73
gr'-;; -9H 2951 20 29)
' Is vt; 4S 45! 45 5)i
llJMP'-; 35H 35! 35 3oJ,
FedMln&Sm.. 31 2o!i 25lf 25!i
Fed Mln & Sm pf 45 45 45 45
Gen Chemical 29S5X 293 29 S 9.J
General Electric 171 171)4 171 171H
General Motors 250 255)4 250M 255
General Motors pf H3f U4 113Jf 114
Goodrich BFCo 62!i 63)f 01f 6"l
Goodrich BF Co pf... 108)1 109 109 109
Great Northern pf U8!i 118J4 118H 118
Gtls cUs for ore prop,. 41i 41H 40H 41H
Gucecnheim Kxpl'n ... OoJl 05H 65 65
Illinois Cent..., 103 102)1 102W 102M
Int Agricultural , 20H 20 20 20
Int Agricultural pf 36 38 37H 37J4
Inter Con Corp'o 21H 21!1 21 21
Inter Con Cor pf 75J1 70H 76 7051
IntHarvNJ 100)1106 105 100
Inter-Met vot t c ,21 21S1- 21J1 2151
International Paper.... 10)1 10H OH 10)
Intcrnat Paper pf 38H 38H 38 38M
Inspiration Copper 35 35)1 345i" 35
Kan City Southern.... 2651 27 27 27
Lack-Steel 69H 70 68 09
Lehigh Vallov 145H 145 141)4 144)1
Manhattan El gtd 127H 127W 127H 127)1
Maxwell Motors., 44 41)1 43 44)1
Max Motors 1st pf.... 01M 92 91! 91)1
Max Motors 2d pt 37H 37,'f 37)1 37X
Mexican Petroleum.... 82)1 83 81)1 SIM
Minn & St Louis...... 14 13)1 13)1 13H
Miami Copper 27)1 27)1 27 27
Missouri Pacific 311 4 351 4
Montana Power 6751 67H 60)1 57
Montana Power pf ....107H 107 107 107
Nat Cloak & Suit 80 83 81 83
Nat Enamel &:.. i.-.., 26)1 2011 28 26)1
NatLead , 05 65)1 C5V1 65V!
Nevada Con Cop 1451 14M 14H 145(
New York Air Brake.. 146 1471 144M 147
NYN1I&H 60)1 06)1 05!1 65'i
New York Central 02H 93 92)1 92)4
NYO&West 275i 27 201 26)1
Norf&Wcst 110H 111 110 110)1
North American 7151 711 715 7151
Northern Paclllc 107)1 1071 107 107)1
OntarloSUM 3)1 3)1 3)1 3)1
1'enn KM 109)1 1 10 109)1 109)1
Pettlbone-MulUken-... 5951 00 60 60
Philadelphia Co 87 08 87 87
Pittsburgh Coal 33)1 34M 33 3451
Pittsburgh Coal pf 101 101M 101J1 10171
Pressed btcel Car 6251 63 61)1 0251
Pressed Steel Car rj...i00H 100 100 100
Pullman Co 159)1 159 159 159
Quicksilver 3 3 3(3
Hay Con Copper 22)1 22)1 22 W 22 K
Heading 150)1 15151 140J1 160M
Reading 2d pf ...83 83 83 83
Hep Iron & Steel 42M 44 42)1 43)1
Hock island Co pf i 51 51 51
Humely M Co 5!i 0 6 6
St Louls&S F.. ...... 451 451 4H 4M
Seaboard Air Line.. ... 14H 14 14 14
Sears Hoe & Co 154)1 15451 153H 153J1
touthern Pacific 89 89 88)1 884
Southern Tac tc 105W 105)1 105)1 105)1
Southern Ky 1611 16)1 16)1 10Vf
Southern My pf 50)1 50 60 60
Standard Milling pf.... 72 .73 73 73
fctudebakerCo 112H US 110 113H
ttudebaker Co pf 104 104)1104 10M1
Tcnn Copper 55 68)1 66 67J1
Texas Co 15271 163 153 "153
Texas & Pacific 10H 11 10)1 11
Third Avenue ....65 55)1 5451 65
.Union Pacific 129)1 130 128!l'l29H
Union Pacific pf 051 80)1 80 801
United Hys-Invest 2311 2351 2251 2251
United Rys Inv pf 39 38)1 38 38
U S Ind Alcohol 70)1 72 71J1 72
U SHubber.,.".. ...... 50 4951 49)1 4951
US Steel 7451 75 7351 75
USSteelpf 11251 113 11251 11251
Utah Copper 67 67)1 66H 67)1
Va-CaroChem 38)1 39)1 39H 39)1
Va-Iron Coal St. 0 03)1 04 64 61
Vulcan Detaining 10 16)1 16)1 10t
WestK&M 11451 115)1 114)1 11451
Western Maryland 20 2951 ' 2951 2051
Western Union Tel.... 75 77 75M 70)1
Willys Overland 187)1 188)1 188)1 ISStt
Cents per share.
Total salt', 415,000 shares, compared with
4l(i,!00 aharn yeaterdays thus Jar this week,
h.lB.Otto sharei ; name period last week, 2.01J,
300 shares.
Local Bid and Asked
Today.
Baldwin
do pref ....,!..,.
Burt & suiq t e
do pret
Cambria Bteel
Electrla Etorai
Oncral Asphalt
do prof
Keyaton Tel ........
do t c..., ,
do pref .....t..ti.f
Lake Hup Corp.........
Lehlsh Nay
Lehluh Valley,.
Leh Va! Tranalt
do pref .........
Pennaylvanla ..
Phlla Elo
Phlla Co' ......
do ft per cent, pr....
do 0 ier cent. pr...
Phlla n T ............
do c .. .
'Reading .....'?
Ton Bol
Ton Mining;
Union Tnio ......-.
u a 1
IT B Hteel .....
York Jtwy ...-.
do prei
Win Cramp t 0
SW-
.105
. 12
. ,1014
. .13
. T
. Hti
. 1454
f on
TO'!
. 72tf
24K
. 4.1
37
AT
10
to
TJ
3"
U'i
SI
80
Ak.
106
13
4014
rtl"i
8t
70
1.1
IS
07
IP
S3
Wl
5i
S7W
'Hi
10-!
wl
w
II
Mt.
83
Yesterday.
Bid. Auk.
Ml soft
104 10
12 11
4"i
5fi
83
70
07
70
44
1!
6
US
82
.12
;
14'
14
ml
72U
17'
34
4ti
P
"11
n
11114
1051
f
hi
80
DIVIDENDS DECLARED
Hercule Powder Company, quarterly 2 pt
able eptmbir 24 to .tpkholdera, of rofd
SSimSr ft from wbfch date, booka wl I
btclMed until atr the payment oV dividend.,
". ":"7 1 .nir,tlve Comiwny. reaular ouar.
lober
'..Tli.n ij.Arnttva ConiiHiny. reaul
.fiv raTMr ceat, on preferred, payable Do
31 to atotk of record Htptemur Hi. , .,,
Veatern t'nloo Company, quarterljr ltt per
centi payable October IS te aloe" of record
8 h'uc'cSm' M?nlnr Company, monthly 6 pel
rent payable September 2b tc, aocK pf recird
8?lit,Dc,mbln Cempann'of Malitei quarterly'
1 60. rayaVie Beptembxr ? to atpek qf record
CAMBRIA STEEL SOARED
TO NEW HIGH RECORD
Pennsylvania Steel Also Rose
Sharply Electric Storage
Battery Reactionary
Overahadowlne nil else -on tha Phlla
tlelphln, Exchange todaj' wnB the sudden
upblddlntr of Cambria Steel shares. The
company Is understood to bo estab
lishing new high records In the mat--ter
of shipments nnd earnings. The
shipments of finished products nro re
reported to be at the rate, of more
thnn 100,090 tons n manth. or 1,200,000
tons annually, which will beat the 1913
record of 1,050,000 tons. Earnings In that
year scored n high record of $7,579,813. For
tho last three years Cambria has been
second only to tho United States Steel
Corporation .In the matter of shipments.
In Its best year, 1913, tho company showed
13.S5 per cent, earned on tho stock.
In the late dealtngs Cambria crossed SI,
As was to be expected, the rlso was ac
companied by talk of the exercising of
Frlck option on the Fcnnsylvanla
tho
Railroad holdings nt C0 per share. This
was followed by upblddlng of Pennsyl
vania Steel preferred and tho revival of
merger gossip. "Usually well Informed In
terests, however, were more Inclined to be
lieve the upblddlng of Cambria rnlftht bo
for the purpose of facilitating the disposal
of tho (5,000,000 treasury stock nt pnr.
Approximately 15,000 shares changed
hands today. At one time Pennsylvania
Steel preferred was up 3Vi points from
Tuesday's final figures.
Belief that the dividend on Electric
Storage Battery would not be raised at
this time, coupled with a feeling that for
tho time being at lenst the general bull
movement In the mnrkct had come to a
halt, was responsible for another out
burst of selling orders In Electric Stor
age Bnttery on the local oxchnnge this
morning, which carried tho quotation
back about 4 points, making a total re
action of approximately 8 points from last
week's top prices. The selling, however,
was largely In the nature of Profit tak
ing, and was doubtless for tho account
of a New York pool, at lenst In part. It
Is worthy of note that nil through the
recent rise Philadelphia nas been a seller,
while Wall street was doing most of the
buying. After selling down from 74 to
"OVt the Btock rallied about half way
back around noon. The dividend meet
ing will bo held Wednesday of next week.
The general local list was not especially
active, but the undertone was steady,
with moderate Inquiry for Lake Superior.
Lehigh Navigation and some of tho
utility issues, such as Union Traction
and Philadelphia Electric. United States
Steel was active but Irregular, Cramp
Shipbuilding declined a dollar and Phila
delphia Company preferred 1V4. General
Asphalt preferred also eased oft.
New York Bond Sales
Ulsh.
.100 ",4
. 01
. MK
.101
. Wi
. 01,
Wi?
. Si4i
.KllVi
.10154
K
:K5.
. Mii
11 78S
. S(!W
101i
.100
llll
nuH
.low
. .1U1
..HlO'i
. . ou
..75
.. SH4
. 102
.. H.1V4
., 06
. . nflti
.. 815.
. . 113
102
P.IV4
117
mi
07
1004
nu
lovr. Close.
10O)j 10054
111
fc04
101
!0i
01H
60J4
mi,
101 tj
as
101
wj;
$1000 Amer Affr lis
SW0O do D 5s
,3y9 Amer Tel c't 4a
12SO00 do qvt 44-.
10) Amer Writ Pap 5s...
S5ti0O Armour Co 454s
SO00 Atchison adl 4s
:m."l0 do cv 4a 105.-.
20I1O do cv 43 lliiiO
4000 do cv os 1017
WXIO Atlan Co Unt clt 4s..
Ml Halt, Ohio 354"
laiOO do 4s ...
2MOO do cv 4Us
4JO rj & o P L B it W V 4
1100(1 Halt O Swn ."!.. .
1000 Beth Steel 1st 6s. ...
81000 do rfd 5m
10IK) Brook Hap Tr Ra
100UO do 5b 1U1S
1O0O Brook l'n Elv 1st 5s.
iwi urook un us B. . .
11)011 Cal Uas niec. Ss.
1000 Canada South f,a
14000 Cent Leather 1st 5.
12000 Cent Paq 1st 4
20000 Ches & Oh cv 44s..
ltnoo do 414
COOO do 5s '.
SOOO Cht Ot West 4s
244COO Chi B & Q Joint 4s.
11O00 do res 4s
3000 Chi B & Q III .T,4s. . .
20CO do 4s
WOO CM M &. St P cp 5s
18000 do.cv -4Ws
IOOii do gen 4Hs ,
200ft Con Oaa cv 0s
500 Cumberland Tel 5s. .
3000 Del & Hud 4s '10....
10000 Den & Bio Gr 4s....
1O0O do rfd 5s 441
30000 Du Pont Powd 4'js...l00i4
3000 Erie conv 4s Ser A ni,
10IK) do 4s Ser H il"i
12000 Hud Man In Bs. ...... 2514
40CO Hud MSn rfd 5s 70'5
loiio Hock Val 4s M
10OOO Indiana Steel 5s 101
0000 Iowa Contral 5a 03t4
lono in chl joint 5s ttnu.
WOO Insp cv ret .Id pd 6a. 14t
2100 Interb Mef 4V4 , 74.
7000 Interb H T ret Ss H
14HOOO Inter Mer Mar 44s... 7.1U
14500 Internl Paper cvt it... B2U
1000 Jap 1st 4Mb M14
10OO Kan City So 1st .la.... 07
S700O I-acka Steel 5s 1050. . . W'i
22000 Uc Ph deb 4s 1028 HI
1000 I.k h deb 4s 1031 S
3000 U( & M T 0
.VK)0 Lorlllard 'Ss
6000 Louis & Nash 4s..
5000 Milwaukee Oaa 4s,
1000 M K & T rfd 4a...
040OO Mo Pacific 4s
4000 in co) Sa 1017 ..
1000 do cons Os
7000 N Y Air Brake cvt fl.102
1000 N Y Canal Imp 4V4s, ,1004 109W
1000 N Y C & 11 3V4a 70V, 70Vi
35000 do Oa ret 104 104
1S00O do'4Ha R7 S4
1000 do 5a 1018 tK)i 00
1000 do Bs 10s 100 10)
1JOOO N Y City ret 4$s 1000 0K 7',i
i00 do ret 4V, 101 lOHj
2000 do 4Ha 1WW 102 1011
4000 do 414s May '57... . 101 101J
1000 do 4ss Nov '57 ....102 102
1(A) N Y N U 4 H OS....110W HOW
8000 N Y Rwy ad) Ss . ., 4if 49J4
win v v Kt 4U .. .tl00i 100'i
won N Y Tel Kn l, ... 04
2000 Norf West Poch 4 RBJ-i
4000 Norf A West cvt 4tta-1104
10000 do 4a 7
30000 Nor Pao prior 4s SB14
24000 do Ken 3a '.XS
1000 ore onort u aev ",.
2000 Pacific Tel Da., i (
1000 Penna 4s '62... KJ
nAA An n rt iui....J. 07'
7000 do ct 4Hs IJSH-W!
MW) nadinr aen . "- '"
jnnA lirtlnir.Jrr Cen 4a,
11000 Hen Ir k 8 Ca i P41
4000 Rock Island 4s,.,.,
5000 do rfd 4s...,..,...
33000 do 6s .............
IIOOO Bt L I M ft 3 is..-.
1000 .do Ss .... i. ......
1000 St U & 8 V 4a
2000 do gen Ba........
1000 Seaboard A V adj Ba
25500 South Pao cv 4a...,,
4V)0 do cv ret f P Ss..,
5000 do rfd 4s
1000 South Ilwy gen 4a.-
6000 do eon 6a.,. ..
jrwi nvvna ro cv Qm,....
3000 Third Ave new 4a..
21000 do- adj Ba..,..,..,
1000 To) Peo VT 4s. i.
1000 Trl-Clty 5 ,..,.,..
1000 U 8 Oovern 2a ,
2$oftO do Ss ............
flooo V 8 Rubber es... .
41)0110 U 8 Bteel 6a. ... .,
500 IJ 8 eteel reg Rs...
(Clooo -LTlon J'sic jsi .
LUHI OO CV V
rooo un nwya.
aooo va r,i
UWA WttK Icnil c
..mm u'.lt.D T.r 1st pi ja.. 1
Slm West Chester rv Bs. ,,.10.V
tnnnnA W K 1 M CV Da W I. ..114
2000 West Union 4V4a...... 02VI
HI
MV4
101
C0i
101 'Z
ioo1;
so
W1J4
83K
1)1)S
101
00H
r un?
lontf iaiw
iiHJ. iiki;
101
looi
noii
S4ti
Ml
noU
Sl!4
:i
io2y.
on
07
un
07
100 u
60
44
100
(11 "J,
os,
58
io6w
now
M'J
74
81i
101",
(I.V4
!
Illili
81',
1)3
102
tVI4
97
110
Uf
loou
69
4454
looij
ll
iwi
23Vi
70
113
1I04
4!it;
lonii
sosj
:v a "
wye 8 T4s 4S
wy 6a B2
nqu ct ata 4a..,. 12U
t hi 111
Z HtlU 89 t
i 07W U7'i
y 10254
v '. Vs
ooh oou 0014
04 114 01
Tflt TiU 7(i,
,, R2 02 2
.. 44 4'IH 43H
., 04 tml 111
.. 03 03 tW)l
,, 88U RSVj KS'i
.. OOU WH 00)4
,. 00V4 oou ouli
.. 81 80)4 81
,. no 08H 08
,. 84H 84 84
. . Mi mil mvi
.. 07 07 07
,.10ii 101 1OU4
. . . 7Rtt 78W 78
:::IS IT I!
. . . on in 63
,,,07 07 07
.,,ioiti lot lOiu
,. 10J 10211 102t
,, 102 101 102'
,..iom 1014; 10m
... 2v 2V4 om
etu. oiik
471 48U,
02 W tci
OU 1-.U
; iu ivi
S 103(2 105
t 114 114V
(Utt 02V4
T)tal aalea I2.401.000, compared wUh 2.420,.
00U yeaterdfyt thue far J his week, ti.Oll.OOOj
Sme period last week, tlul2.000.
Commerce Board llullngs
WA8HIMOT0N., BePt, 8.-The Interstate
Commerce Commlaslon made the following
rUp'eclaredunlitly dlscrlminatvry to ehippers
and the Kat .Jersey IUllroad and Terminal
Company the abandonment of through Joint
rates by Nw York harbor lines, and awarded
"JSecTared luatlfWl tba Lehigh Valleys de
murrage rates ahd Its refusal to supply cmI
Announced that the- yallroada have abun.
doned Proposed Incireiiaed rafea on ftrtlllier
between Bouth AtUntlo ports.
Suspended unUl March 21. lOlfl, proposed
carloid paper rates Increase In official clasat.
flcation lerrltory
Announced that lp ratlreada received Is..
7O.07l.l'crJI.J,t-,vu I" July over
JulV" !. l lht W arhlagi were
p'hla.'djat Traetton Coini
i.dlPl4l Traetton Coiouw, rgulr send-
CjiA)3NM M
KfMBS.
OBIcsAM4Hb X
H..'x
a8bm. AaK
BT &$? '7&3B
riLf ' '-
Ait s-y 4-- 4 W1 ri.lLLLLk.
fV KiPp; ? atdaaaaaa&
Hg
A Hal
WHEAT PRICES STRONG;
LARGE OATS EXPORTS!
Bearish Government Crop Res-
port Kept Grain Markets
in Nervous Condition
JOHN H. MASON
Vice president of the Commercial
Trust Company, who was elected
president of the Trust Company
Section of the American Bankers
Association at the meeting at
Seattle.
Financial Briefs
The Iron Abo says: "A slKnlflcnnt turn
In tho steel trade Is the bcslnnlntr of rail
road orders for spring rolllnp. Louisville
& Nashville has bought 13,000 tons from
tho Steel Corporation nnd Atlantic Coast
Line 20,000 tons for such delivery. Now
Yolk Central Lines nro tnklne up next
year's reulrcments ana an eastern road
1h flouring on rollings before winter for
rails It will lay In the spring. The steel
Industry is making now production
records. In August the Steel Corporation
produced more InKets thnn In nny other
month; likewise tho Independent com
panies ns a whole."
Prominent banking interests have taken
KOOO.COO of Crucible Steel common Btock
out of the market, according to a report
in financial circles today. Tho stock has
been puld for und locked up pending con
summation of certain deals now under
negotiation.
The membership of the American Bank
ers' Association has passed the 15,(0)
mark for the first time In Its history.
Increases of BO cents a share were an
nounced in (he quarterly dividends of the
Old Dominion Company of Maine and
tho Old Dominion Copper Mining nnd
Smelting Company.
Walter V. Wilkinson, rormerly of tho
Fourth Street National Bank, nnd mora
recently representing A. II. Blckmore &
Co., has become associated with William
P. Bonbrlght & Co., Inc.
By declaring a quarterly dividend of IVi
per cent, today. Western Union placed
tho stock on a 5 per cent, basis, an in
crease of 1 per cent, annually.
Tho local national banks will be rep
resented In the conference to be held In
New York shortly between tho French
and English commission with tho Amer
ican bankers and Government ofllclals to
arrange for the proposed English loan.
Clayton F. Banks has opened an office
In the Philadelphia Bank Building for tho
purpose of handling securities for tho
Guaranty Trust Company of New York
Tho American Locomotive Company has
received an ordsr from tho Madrid, Zara
goza ind AU-anto Railroad, of Spain,
for 5 compound 12-wheel locomotives.
Arthur Curtlss James and James Mc
Lean have withdrawn as directors of the
Rock Island Company. Tho two repre
sented the Phelps-Dodgo interests in tho
"former" holding company. T, M. Schu
mncher is still charman of the board.
In addition to the regular quarterly
dividend of 2 per cent, on the common
stock, the Hercules Powder Company
has declared an extra dividend of 4 per
cent.
Sales in Philadelphia
as i"J?4 ju- ju-
allways .. 24H 21H 2l4
I O 45K 4314 43
la Steel.. 5S M SfJ
S'r
24 Am (tas
0 Am R
10 tlrill J
1S427 Cambria.
U078 r.lectrlc Storage. 74
iu t-.rie
10 Hen Asphlt pfd. 60
63 Hunt & U T pfd 14
U Ins Co N Am... 2.1
3VI Lake Sup Cor. . 1'H
137 Lehigh Nav .... 7fl'i
1(1 I-hlsh VaUpv .. 7Hi
till? lx-htj-h Val Tran 174
141 An r,pf .111!
Tea. dote. High. Low. Close.
Wli 102 102
?
1S1 do pre
20 Mlnenui
R6I Penna II It...
COO I'enna Bteel .
B Phlla Co pref.
2.1 do cum prof.
70S I'hlla Elec
020 I'hll RTlr ctfa 10'i
lmi Hep I Ac 8. ..
KH Ton llelmont .
200 Ton lllninn . .
11 Utah Copper. .
23 Union True . .
2.CI II Gas Imp....
.1 Un Cos N J--.
31)05 U 8 Steel
10 V Cramp & S
a.
4
42
24;
4
U
nil
85'.i
18
uiy.
nrtft
B.I
M
3Ht4
44U
70
20 K
m
13U
iSfe
73
82
4
07 'i
noil
n.vr
"22
"78
Ml
KT
2414
10
4:1
ft".!
07.
.'HI
K.-.
o
74
til
Total sales, 27,400 shares, compared
10,247 sharea yesterday; thug far this
4:i,74S shares; same period last week,
shares.
BONDS.
Last prev, Mile,
102
2H,
45M
BIS
73
2UH
00
15U
22 i
04
7h1
W
in
M
3SVa
44',
2414
4-U4
5",,
iiil
H.-.14
222
7S
81
with
w eek.
69,077
3
:n'4 a4i
S.W BSV
54'",, .1.-,
sj5
J1300 Am a & K 5a... !
10.100W
1017.. USJ
4 Cam B scp
t:i no nay "274
n uo ra iuir,.i io?!4
4000 El & Pes Tr 4s, 81
1000 Key Tfi 1st Bs. 03
SOiiO Ieh V cone 4V4s OOtl
2000 Leh V gen 4Ha. l'8'4
2000 do Coal B 10.114
1000 Tenna con Bs.-. ..
10O00 Penna gen 4Hs, 07U
1000 Penna con 4HS.102V4
SOOO Penna Co 1st &s. . .
83 Phlla Co acp '10.100
10g do 1018 08
BOO Phlla Ulee 4s... 79
4700 do Bs 101J4
BOOO Reading gen 4s, 01
20O0O Un Hwy Inv Bs, 71
High. Low. Close.
WIVi 80 88
vu-i iiii-n
O05I Wift
084 )H
rjfi 81
IMV5 W4'4
9U'i'. WlVi
lift., liar
JU3,
84
07U
102W
100
100
08
sou
wit!
a
08
80
II8
Kli
84
07 Vi
1022
100
JOO
en
,?,V!
01
71
1031J
84
U7VJ
102i
100
100
UH
tHi
1011-,
01
71
Total sales. $57,220, compared with 170,031
yeaterday; tT.ua far this week, $127,757, same
lierlod last week, 178.100,
Cannot Use "Call Rule" on Grain
1IICAOO, Sept. 8. Federal Judge Landls
rall rule.
A.'n.nlhl .
v r."- . . i .l -r--."-'" v." -.......
lie enjoinea in ooara rrom me practice.
itTrAi
today ruled that tne cnicago Hoard of Trade
ujr w.i.vu main pi ices were nxea
was In vlolatlen ot the Hherman
law, tie cnjoiitrf , vw.ru iruni me practice.
Th. Itnard of Trade claims to liavn iiunn.
tinned this practice shortly after the filing ot
thu suit several years ago.
Northern Pacific May Electrify
OP.EAT KALU) Mont.. Sept. ".-Officials of
the Northern. 1'a.clnc Hallway Company are at
Great Falls Inspecting the riant ot the Mon
tana Power Company and ft la rumored that
the railroad wilt electrify it line to St. Paul.
Work on the eleetiMcatlon of the nrst unit, a
distance of 114 mills. It la reported, will be.
gin October la.
NEW YORK BUTTER AND EQGS
NEW YORK. Sept. 8. - BUTTEn - MaVket
ahade raster. Ilecelpta. 29,173 packages. Extra.
20V,tr27c.Vhlgher acorlng, iVAW&c.i State
dairy, 262Mc. 1 Imitation creamery, 22H023c.
EKlOS-Market Orrn. Hecelpta. B0B paVki
ages. tetra flrts. ?Bp27c ; flrata. aiffTse 1
nearby whites. :OSc:; mixed color, 24020c 1
rcfrlaerator drata, 2ae24c.i nearby browns.
BIROTOKY UV ACCOUNTANTB
CHICAGO, Sept. .-Strength In outside
markets, ntul hort covering continued,
the bulge begun yesterday in the grain
market nnd quotations generally were
equal to or nbovo the final figures of last
night. A bearish Government crop report
had no immediate effect on the market.
The foreign inquiry was said to be in
creasing. September wheat showed strength when
It advanced Hi cents over night. It
opened nt 91 after rising another hnlf
cent It fell back to SHi before noon. The
undcrtono was too nervous for hopefJI
predictions.
A 4 cent gain wns made by December
which opened at 91V4 and later reached
91T4. Wavering bidding sent It down to
'MM In the early hours.
May opened nt 9IT4 ns compared with
91U asked, the final quotations of yes
terday. It sagged to Ui, but recovered
nnd soared to 95',4. Iluylng wns light.
The market wns strong to the end of
the day. September ended Hi cents up.
nnd December nnd May were each n
cent higher.
Corn, which was entirely a weather
market, opened llrm despite tho predic
tions of n S.OOO.OOJ.OOi) bushel crop. Karly
bidding boosted prices In uniformity with
wheat advances.
Ilcavv export sales of oats kept price,
firm with a strong undertone. The early
deviations were slight.
Export sales reported totaled "O.ooo
bushels of wheat, chiefly Manitoba and
1,000,000 bushels of oats. Chicago ensh
houses reported sales for seaboard de
livery of 50.00') bushels of wheat, 40,0)0
bushels of corn nnd 500.000 bushels of
oats.
Light orders and a better outlook In tho
American mnrkct kept Liverpool steady.
Business wns dull. Spot was quiet and
unchanged. Cargoes were firm. United
Kingdom weather was ngaln reported un
settled. Millers were said to bo absorb
Mg freely. Arrivals of American win
ters were said to be In unsatisfactory
condition.
From Argentina came a report of quiet
business, with bad weather interfering
with harvesting.
Leading futures ranged as follows:
,.... . ..... Yest'd's
n iiem upen. men.
September .. 04 04'J
Llecember .. IUU 014
May wtt 03V4
.-urn .new aenveryj
ttt't. tiM.
59
Low.
Will
0414
September
uecenmor
May
Oats-S-ptcmber
December
May
Lard
September
Octobiv .
January .
nibs
September October
January .
Tork
September
October .
January
Mil
"?4
:m
ssvi
new
70
BOH
37 '
.",0
:i.v
37H
S.07
8.12
.. 8.02
.. N.IS
. . 8..13
..12.00
1Z.2
.1.1.20
Hid. fAaked.
.12
S.17
S.l'O
8.0.1
8.211
8.33
12.12
12.37
15.22
S.ll"
8.12
N.t
8.02
MS
8.32
12.00
12.17
Cloe.
ftVj
IUH
D.-.H
t70V,
t.lll'j
t.17
30
t3.V,i
tr.7
s.io
IK 1.1
ts.oo
8.02
M.-i
18.33
close.
021
IKPI
t04Vi
715,
3(JH
8.07
8.1.1
8.33
!S 0.1
S.1T
8.37
'12.10
12.25
12.10
tt2.n0
1S.1.1 'lB.IIS 13.23
PUBLIC UTILITIES
Tho Standard Gas nnd Electric Com
pany has authorized the tender to stock
holders of $3,730,000 20-year fi per cent.
notes at 90 nnd interest, with the privi
lege of subscription to J3,000,000 being ac
corded preferred stockholders to nn
nmount equal to 23 per cent, of their hold
ings, while common shareholders will be
gtantcd the privilege of subscribing to
tho remaining J'W.OuO. The subscription
closes October 15, and la conditioned upon
,000,000 being purchased by the holders.
The entire Issue will glvo the company
sutlicient funds to retire all tho short
maturity obligations' and tho floating
debt.
Tho' comparative earnings statement of
thu Great Western Power System, giving
combined revenues of tho Great Western
Power Company, the California Electric
Generating Company and the City Elec
tric Company for the year ended July 31,
1913, shows gross Incomo or $2,798,161, $114,
12S more than earned tho preceding year.
There was a considerable curtailment In
operating expenses and taxes, after which
there remained net earnings of $l,9S2(SSl,
an Increase of nearly 17 per cent. Accrued
dividends on tho preferred shares of ,the
California Electric Generating Company
nmountlng to $150,000 were paid during tho
12 months, and tho balance of surplus
amounted to $772,492, or about one-third
greater than a year ago.
For the year ended July 31, tho Rail
way nnd Light Securities Company re
ports un lncreaso of $5,049 in total Income,
and a surplus, after dividends of $16,272,
ngalnst $53,194 In 1914, Tho total surplus is
$514,031,
The New York Transportation Company
reports, for the six months ended Decem
ber 31, 1914. Gross, $55,126; net, after
charges and taxes, $16.9S2; tor year ended
June 30, 1914; Gross, $99,684; net. after
charges and taxes, $77,657.
COTTON
NEW YOIUC, Hept. S.-Coton opened easier
this morning nt a decline of 1 to I points, un
der the Influence of the ginning report, which
Khtwid the Quantity turned out to September
1 to be larger than had been expected by
tradera, although it was less than for any
similar period in several years. To some ex
tent ulso the weather In the belt naa a de
pressing factor, but this wna at least partly
offset by low temperature In tho Northwest,
which my ba felt In the Western belt In a day
or two, Tho cablea were steadier, but with
out (fleet .........
In the afternoon prleea hardened all around
from 0 to 11 polnta above last night.
The latti dealings found prices still climb
ing and ut the close galna were established
ranging from in to su points.
Xes, Close. uicii.
January
October ..
December
March . . .
May
Spot
..10.32
. . 0.81
..10.10
. .to.r.n
..10.78
. . 0.80
10.31
II.HI
10.17
10.37
10.80
10.00
High. Low. Close.
10.31 111.21 10,31
10.00 0.81 10.00
10.3.1 10.13 10.34
10.711 10.37 111.7(1
10.07 10.77 10.U7
RAILROAD EARNINGS
CANADIAN
NOItTHERN,
1013. Decreate.
4th week August MliT.Son
Month 1,1112,0110
From July 1 2.3UU.OO0
OHAND TRUNK SYSTEM,
4 th week August JSJ-SJ?
Month 4,38.1,81
From July 1 O.oiWfl
MINNEAPOLIS. ST. PAUL & H. 8,
luly
Net
July
Net
July
Net
gross
WESTERN
SEABOARD
gross
. $2,388,180
M5,1f!
TACIKIC.
. " $702,4.11
240,80.1
AIR LINE.
. $1,027,04.1
JIM, .IIB
llt.300
17.1.7IKI
503,000
$40,310
2ll7,h.'iO
49.I.U3U
MARIE.
UT,3l2
23,373
$141,213
15U,I3
$203.1123
VJ.U.'U
$42,240
20.8311
4211,0.13
S7.409
CHICAGO QllEAT WESTERN,
July gross $1,128,708
Net 101.113
Twelve niontha' gross... lft.920.lMl
Net 2.889.031
T1SXAS AND PACIFIC.
4th week. August..,,,.. $408,804 (8,8til
Minth . : MS-1'20? .2
From July 1 18.8M,4 S3,01
LOUISVII.LK AND NASHVILLE.
Fourth week August..., $l,4fl(t,2,vi $48.4!0
Montn ,
From July 1 ......
Increase.
4,33,no 70,113
0,120.01 387,013
Soundjnyestoients
Frazier & Gd.
PHILADELPHIA
MARKETS
GRAIN AND FLOUR
WHEAT. -Receipts, 121V014 bushels. Th
market ruled firm at ll'4c higher. Quota
tions. Car lota. In eiport elevator No. 2 red,
now, Bimt and September, lln.1Hni.07ii: No.
2 red Western, new, H.ir.ifll.u, No. 2 South
ern red, new, fl.'UUtti.OOH, steamer No. J
led, new, ll.oaXWl.iHH, No, 3 red, new,
$l.02tni1.iHS, rejected A, new, $101.0.1; re
jected 11, new, tisfcc fl$l, 001.4.
CORN. Receipts. 13,348 bunhels. Trad was
quiet and the market declined lr. quotations:
Oar lota for local trade, as to location No. 2
jellow. 8n87c. , steamer yellow, 8880c.j No.
2 yellow, MftMc.
OATS. Rrcetpta, 61,283 bushels. The mar
ket was dull and unsettled. Quotations! No.
2 white, none herej No. 3 white, 41l42c;
No. 4 white, 3aB3:ie.i sample oats, anftfgc,
FLOL'R.llreelpts, 0M bbls. and 2.230,720
lbs. III mcks. There wna Utile trading and
Jnluca weru largely immlnal. Quotatlona, per 100
lbs. In wood' Winter, rlcnr.new. $l.30fr4.7.l; do.,
straight, new, $4.7303; do., patent, new, $.141
3.23; Kanaas, tlear, new, jute sack. $4.1ir
3.10; do,, straight, new. Jute sacks, J3.l.1'if
3 0.1, do., patent, new, jute sack, $.1.40J3.il;
spring. Hrst, clear, new, $4..VMf4.7B: do.,
straight, new, $4.73473; do., patent, new, $3
43.25; do., do., old, $(l.23tHUii); do., favorite
brands, old, $ll.73)7s city mills, choice and
fncy patent, $0.7387; city mills, regular
grades Winter, clear, new, $4.ltM44.8.1; do.,
straight, new, $4.0003.10; do., patent, new,
$3.153.40.
RVK FLOrit was quiet and without Im
portant clmnsc. Quotatlona. $513.50 per bbl.,
us to quality
PROVISIONS
Thcr wan little trading and nn Imnortant
Change In prices. Following are the quotatlona:
wiy oeer. in mis, smoaea ana air-arien, .
2ilc.; Western beef. In seta, smoked. 2320c;
etty beef, knuckles and tenders, smoked and
alr-drled. 27tf28:.; Western beef, knuckles and
tendeis, smoke.!, 27C2HC.; beet hams. $-1032;
Pork, family, $21921.30; hams, S. P. cured,
loose. 1.1!i14c.; do., skinned, loose. 13!4
lirtc.;Jo.. do., smoked. 131314c; other ham.
emoked, city cured, aa to brand and average.
14013c. hams, smoked. Western cured. 14
l.V. ; do., boiled, boneless. 2.124c; picnic
shoulders. R P. cured, loose. lOHgllc. ; du..
smoked. 104jllc, bellies. In pickle, accord
ing to average, loose, l2H6l1c. ; breakfut
tiaron, as to brand and Revragc, ctty cure1,
17f18c.; breakfast bacon. Western cured, 17
4ilv ; lard. Wistcrn. refined, tierces, OvSS
Mi p., do., do., do., tubs. UHO'Jc. ; .ard, pure
city, kettle , rendered. In tierces. linOc;
lard, pure city, kettle rendered. In tuba. O'.i
JjOc
REFINED SUGARS
The market waa quiet, but steady. We
quote rentiers' Hat prices, subject to
concessions of 3Q10 points: Standard gran
ulated. 0.1,383.70c. . extra flno granulated,
B.OOfl .1.63c. ; powdered. .1.7083. 73c.; confec
tioners' A, B.30SI3.S3C.; soft grades, 4.8005.40c,
DAIRY PRODUCTS
. PUTTER. Tho market ruled firm with de
mand fair. Following are the quotatlona: 1 est
rn eolld-pnckeil creamer. fancy, specials, 2Kr.,
extras. 27c; cxtm flrata. 2ir2H!jc. ; llrata. 233
23'.ic. ; seconds, 2:ia21c. ; nearby prints, fancy,
.'.lie. : do., average nxtras, 281420c. , do., firsts,
2.'.U2i'.c. ; do., seconds. 22b23c; jobbing a.itt'3 ot
rai.cy rrlnts. ,HQ37c.
EUUS were firm nnd 30c. per caee higher.
Me quote, free cases, nearby extras. 29c
per doz. ; tlrsts, $7.riiiS7.8o per standard case;
nearby current receipts, $rt.OO!37.20 per case;
Western extra firms. $7.8018.10 per case; firsts.
7.20i7.50 per case: fancy selected candlod
eggs were Jobbing at 314IJc. per dozen.
CiinKSIJ. Supplies were small and the mar
ket ruled firm with demand fair. Quotations:
New Vork, full cream, now, I4i4c.; specials
higher; do., ilo., fair to good, new, 13UQ14C.;
,)drl skims, 0312c.
POULTRY
LIVU The market was dull and weafc. Quo
tatlims: Fowls, us to quality, 13al(ii4c. : room
ers, 121$ lie, ; broiling chickens, not Leghorns,
uciordliiK lo qunllty. lojfisc, broiling chick
ens. Leghorns. 13B17C. ; broiling chickens, Leg
horns, 1.1617c Ducks, Pekln, "ld, 13U14c; do.,
Indian itumier old, 12t(13c ; do., young, uc
tonllng to size. 14U13c. Pigeons, ole, per pair,
18n20c, ilo., you.ig, per pair. I7pl8c.
DRKSSED. Receipts or One deslrable-slied
stock were small and the mnrket ruled firm,
with demand fair. Quotations. Frcah-klllcd
poultry, fowls, 12 to box, dry-picked and lry
packud, fancy Holoctcd. llic, , weighing 41(3
lbs. nplcci'. lSi-jc, weighing :tVjf4 lbs. apiece.
17',sc. welshing 3 lbs. npieco, 10317c; under
3 lbs. piece. 14i4tf 1314c. ; Ice-packed M eBt
ern, 44 lbs. and over apiece, ISc; di.. smaller
sizes. I."frl7c. ; old rooatcre, lr'-Plcked. 13c;
broiling chickens, Jersey. fancy, 2H2u;
other nearby fancy. 22024 e. ; fancy large yel
low, Illinois, weighing 3 lbs. and over apiece.
20i21c. . other Western, welshing 3 lbs. nr.-l
oer. l!ic . Western, weighing 1'jff2Vj lbs,
apiece, IMlllc: do.. Inferior. lGHl'c. spring
ducka, nearby, 10917c; do.. Western, 10B12C;
squabs, white, weighing 11(012 lbs. per uoz.,
$l4.73: white, welshing OfilO lbs. per doz.,
$3.1583.03, white, weighing 8 lbs. per doz.,
:2..MSi2.73, do., 7 lbs. per doz., $2.1(tt2..iD.
do.. 0Qil4 lbs. per doz., tl.iw31. i3; dark,
Jl.ouai-ij; small ana ro. ., 41.
FRltsiI FRUITS
Choice stock (old fairly and values gen
erallj eio well maintained aa follows: Apples,
per bb). Hlnali. $2.7i3..K; Summer ltambo,
$2..4W3. Urnvrnsteln, 2.2.1f3; Wealthy. $2.23
3; Smokehouse. $2.23B2.30; Duchess. $1.7.1
2.2.i; other varieties, X1.3ua2; peaches, Vir
ginia, West Virginia, Western Maryland and
Pennsylvania. Elberta, per crate, 7Gcfll;
peaches, Virginia, West Virginia, Western
Maryland and Pennsylvania, Elberta. per
basket, 30H40c. ; peaches. Delaware and Mnry
land, Elbertas, per carrier, 30fi0ie. ; peaches,
Delaware and Maryland, Etbertap, per basket,
2.1ft35c, iH'aches, Jersey, fancy Elberta, per
.bush. basket 30itiHW.: peaches. Jersey, otner
kinds, per basket, 20341k.'.. pcara, Ie Conte,
per bbl., $2(82.30, do.. Ilarlett. per bbl.. K
4.M, do., common, per bbl.. $1.50112; grapes,
North Carolina, Delawarea, per 8baskot car
rier. 7.lc.t$l; grapes, Delaware. Mnoro's Early
and Concord, per carrier, SOfpiSc; grapes,
Delaware, Moore'a Early and Concord, per
4,-lb. basket, 81J0c. . lemons, per box. $2fi3:
oranges, Florida, per box. 4i0; pineapples,
per crati-Porto Rico. $1..1(K2.73, do., Florida.
$t.3"2.71; plume, Virginia, Damann, per 2
lb. basket, 304I40e,j plums. New York, per 20
lb. bafket, 20ffric. ; plumr. New York, per
8. lb. hmket nradshaw and Nlagato, Sftl.lc;
blackberriee. Delaware, Maryland and Jerney.
per qt.. 480o.i huckleberries, per qt.. OtfSc;
cantaloupes, Maryland, per standard crate. 50
67.1c.: do., Jeroey. rr haeket. 13t 30c. ; water
nrclons, per car. $309125.
VEGETABLES
Receipts were only moderate and with de
mand fairly active the market ruled firm on
most descriptions. Fancy onions were a shade
higher. Quotations: White potatoes, Jersey,
per basket No. 1 Rose, .lon.'t.V.; No. 1 other
varieties. 2.1K30c.j No, 2. 1013c; sweet pota.
toes, per bbl. No. 1 Eastern Shore, $2912.23:
No. 1 North Carolina, $1.7BB2; No. 2 and
culls, OOc.RJl; sweet potatoes, Jersey, per
basket-No. 1 40'50c, : No. 2, 2ofl30c; onions,
Jersey, per -buah. basket, 35440c; muan
rooms, per 4-lb, basket, .vc.fljl.
NEW YORK CURB
Rid.
American Zinc ....
llradcn
Ur-Am Tobacco old.
do new
Car Light
Oold. Cons
Greene Cananea ...
Kcno't Copper ....
I. V C'l Kulet
Mngma Copper . . . .
Nlplsslng
Otis Elevator
do preferred
Itlker-llegemnn
Rubmarlne
sterling Oum
Tolwcoo Producta ,
L'nlte.1 Cigar Store
do preferred
United Prom Sharing new,
World Film
Yukon Oold
a2
n4
14
"'.4
114
37
.10(4
v...
133
., 10
:: 7,
:: "J
::"
..BO.
,. 08
. .110
Asked.
6.1
8U
144
1.1
ito
I",
30 Mj
Wl
1U4
Ij
74
04
IIU
60.IJ
-!
1112
12a
2'.
'-'VJ
SHIPMENTS OF GOLD
FAVORED BY LONDON
Difllcultiea of Exchange Prob
lem Becoming Understood
by Financiers
By FRANCIS W. HIRST
EVIItor of The Hconomlst.
Special Cable to KihhIhp Ledger
LONDON, Sept. 8. -Our preas bitterly
contrasts the Oerman pledge wrlth 0r
n:any'a tnteat porformnncc. but ndmlta
the poiplblllty that submarines had not
been ndvUrd of the changed policy. If
this wcro a delibernte breach ot fnlth,
futtiro penci negotiations with the pres
ent Oermnn Government would b lm
COrflblc. Our exchange problem nnd its difficul
ties are gradually becoming understood
here, but none aeema to have perceived
that sales to your side necessarily di
minish your power to lend us money.
What you want, of course, Is consumable
commodities.
From this standpoint, gold Is better for
you thnn bonds as being moro renalable,
and for us gold has tho great advantage
that commodities bought with gold are
bought presumably without exchange loss.
Tho names of the financial mission have
new been published, nnd It is hoped they
will be able to effect some permanent Im
provement. Harvest weather hero continues good.
LESS COTTON GINNED
of
Census Report Showed Decrease
18,960 Bales
WASHINGTON, Sept. 8.-A census re
port today shows 461, 3i7 bales cotton,
counting round as half bales, ginned from
the 1915 crop to September 1, against
4TO.317 bales for W14. This Included $9J
round bales against 356 for 1911. Eett
Island cotton included In theso figures
amounted to 209D for 1915, against 174S In
1914.
Curtailment of cotton exports by the
European war was believed to have been
Jargely responsible for the appreciable
reductions in the cotton crop of 1915 in
the Cnlted States. The report today In
dicated a reduction of 1S.900 bales. Every
cotton-producing State in the Union
showed 0 decrease. Alabama produced
S9.3SG against 46,241 last year. Georgia
showed a reduction of approximately 3000
bales. Tennessee nnd Oklahoma pro
duced two and eight balc3 respectively.
Oklahoma In 191J produced exceeding 5000
and 26 bales last year.
JULY EXPORTS A RECORD
Arms Jump 50 Per Cent., Cattle In
creased 1500 Per Cent.
WASHINGTON. Sept. -Approximately
162.COO.000 worth of arms and munitions of
war were exported from this country dur
ing July, the first month of the present
fiscal year. This establishes n new high
record In tho United States export trade,
according to statistics of the Department
of Commerce.
Kxports of arms and ammunition in
July were valued at $1S,273,710, as com
pared with $12,627,231 for Juno, a gain in
a single month of approximately 50 per
cent., nnd represented approximately 3TH
per cent, of tho total exports of these
articles during the whole of tho preceding
j ear. Jiily exports were divided as fol
lows: Cartridges, $3,127,751: gunpowder,
Jl.5G7.929; other explosives, $9,229,303, and
flrenrms, $1,948,717.
Kxports of foodstuffs for tho first 'onth.
of the new fiscal year showed a gain 6T'
npproximateiy jw per cent, over July last
yenn. Ilreadstuffs are not included In this
estfmntc of gain, having shown a decrease
In July of approximately $6,500,000, com
pared with the same month last year An
lncreaso of approximately 1500 per cent,
was made In exports of cattle, hogs and
sheep. Exports of meat and dairy prod,
uets increased about 125 per cent., or from
$8,112,035 to $19,660,673.
MINING STOCK QUOTATIONS
TONOFAH STOCKS.
., ., Bid. Asked.
Jim Ilutler m
Midway 'j0 'it
Mlipah Ext ,...17 in
Montana 4 27 ho
North Star 1! in '"
Tonopah llelmont ..J :C4 04
Tonopah Hit j 214' "54
Tonoiisli McrKer ,. .Sj ,gn
Tonopnfi Mlilnc a'4 n
ItescuK Eula on .os
west End 30 .37
coLDriEi.n srocKs.
Atlanta 27 jj
IlUe llull ttl 'ot
liooth 41 ,ia
llulldog oi .oa
C. . li. ' '". O'1 03
Comb Fraction 07 ,03
Ulamondflcld 11 14 03 .04
riiy 04 .oa
Florence, ,44 .47
lloldlletd Cons i.ao 1,3.1
(loliineld Mercer ............... .17 .18
Jumbo Ext , 1..13 1.40
Kewanaa 20 21
Ore (15 .on
RiMidslomi Kendall .00 .11
Sliver Pick VS ,10
MISCELLANEOUS.
Fairy Aztec 01 ,r
Klmberly m ,0.1
Nuvada, Hill j, is .20
Nevada Wonder ,l 1.40 1,4J
LIVE STOCK QUOTATIONS
CHICAGO, Sept, R. UOOS.-Uecclpts. 83,000
head; markets, stendy and Mrone. Mixed and
bulilicra, 8iI.401iKO.1i good hfly, H.."illi7..T3:
rouch luwv, CH.lueil.4ii; llsht. f7.:i54iS.12;
plus. fil.7.'.s: bulk, n:i0J?7.6O.
C'ATTI.E.-Htcelpts. SO.ooo head, markets,
10 to ISc. lower. Ileeves, $0.1RQlO.2.'i. cow
and helfera. f3.50120.2S; Temns. C0.75B8.3Si
calves. Ii.5iKllS. .!
SHICEl'.-Hecclpts, iri.000 head, niarketf,
steHdy. Native and Western, C.'14O; lambs.
$0.5080.
Today's Yesterday's I
Close cloee '
NEW YORK COFFEE MARKET i
NEW YOIIK, Sept. 8. There was vere little 1
change In prices on the Coffee Exchange in '
the opening session today. Tradlne waa dull
throughout the day. l'rlcea eased off il t 4 1
iioints ana ciusei weiaK,
Today's
opening rloao
heptemcer ..... ...
October '1105 0.104JU.U
November .....'HlM ....
Dtfeniber ,....'11.111 0,1030.18
January ...... .0.20
February ....
March ... O.Wf.3g 0.31gfl.3S
April ..v. "IS
May ti.40eO.49 0.4100.13
Juna r. ....
JUiyild."'Totai'iaie.' 17,750 haia.
ItllUHO.lO I
i.U'BII.14 1
IJ,J0ftll.2i
ii.cr.ru'!i
Il..'.')fll1,sl '
0.:i6Cii. .!
ll.4IIQII.tl .
.4.iil 40
ll.4DSlfi.,V)
U 32fl 0.53
Treasury to Buy Silver
WASHINGTON. Sept. K. The t'nlted BUtes
Treasury will buy 1,000,000 ounces of allver on
September 10.
I
Suggestions
How to Invest
for both large and small
investors will be given
those who write for our
Circular No. L-143.
A. B. Leach & Co.
Investment Securities
115 South Fourth Str, '
1'hUadelphU
Naw York Chlcaco Vvffala
Boston London, Enc Baltlnwe
Brown Brothers & Co.
FbUKTWANDCftfeSTNirrSTKEETS
VHWADKLVUIA
Certificates $f Depositif
are issued by us, either o 4nta4 or fw
n
r
aaua
regleten
riAHo Aacaimtonta
Bankers
132 S. 154k St.
Uva wm iMaU- mi.
T1itl UmUfj yill!
WVMik