EVEKIN3T LEDGEB PBCILA-DELPHIA. MONDAY, SEPTEMBEB 13. 1915.
Hi
CAL BANKS INCREASE SURPLUS NEW HIGH RECORDS FOR BETHLEHEM AND CAMBRIA
R SPECIALTIES LED
IN A QUIET MARKET
Ethlehem Steel Gained 21
Points unu oiiuiua ouung
Jn Railroad liroup
New York Stock Sales
do., Hlnh. Low. Close.
PeW YOIIK. Sept, 13. Thero was a re
IJV'' . - ihA iinwnrd movement In thn
5S mirkct today. It was left to the
sc "I" . in furnish tlm features
l?l ILrne tho market leaders, while
?T,.llroads were Inactive, there being
M --.I fnr hotn. Thra ixmfil
imm "''".".ri"- 7.v .it w;:zz
' u i troou uujfiMH .,"ii
i. room, anil commission houses had a
ri .nnnly of over-Sunday orders. The
SfiKrf to bo light. In all cases ad-
IWlffar tne uPward movement was
W.JL,A. Bethlehem Steel furnished
l!!.7ttiiro, rising- to a now high record
Nrtihln ft few minutes after tho start of
VtUitlnf At mo top icvci, ens, ii was in
iIf!:.. t,nvn tho final of Saturday. Somo
Tins advance was lost In tho later trad
'Hi Another issUo to score a wldo ad-,J"-
WR9 Ocnoral Motors, which was
":.. i-. anil rrnrihti Rteel was nn
'ir I loMB, while New York Air Brako
I 7 .j i.UpaiI Im th nnrmr prmtn
fSlted In upward movements in these
Ft9 n.... tnta tin nV.ni if n nolnt nil
Jroind and were helped by the higher
BflCCt I ... -i... 4l1I..PhnlmAra Pnmnntiw
fud lecured additional war orders direct
from foreign uuveriiuiuiiis tuuueu
freiMTui i,ull dj" . w'
" -i- . nnlnta hafnr noon.
tBoilness In the afternoon was not as
bb well. At midday there was a little
" .... ..... .tit- JM nnl irr. fill Rotoa
fisCUOIl, Bui i"' - " "
shorts. As In tho morning, the war shares
continued tne pominaiuiB huuk .,. a
from Washington that a satisfactory
k -.. ,o,t hAAn ronnhprl between Sec-
ktttry Lanslnp; nnd the German Ambassa-
'dor St a coniereiiwi ici ..t.H."'
hnnuence.
tTiColor was lent to tho udvanco In tho
war (hares by news that negotiations un-
r".' I .. .nftAn thn rtiiRalnn flnvArnmAtit
tand the Canadian Car and Foundry Com
(fpiny for the manufacture of 3,000,000
V & l .I.a11b nnd hlfrl. AVnlAfllVA nhnllfl.
r rrnrapnri di;iip i.v .... -.-. .
to cost J52;O0O,OO0, had been definitely
doM. THIS DrinKS mo loiai couiraciB ui
the cempany with Hussla. up to about
? iitAnAnnn T.ntn In thn dnv Rnthlnhnm
! Bteei made a further upward spurt to 333,
(another new top, and 21 points up for
; t uio m ....... -....D .
if np to the close, advances were well manl-
rUlned. Unltea 3tales aieci caineu over
"..!, Tn iVia rnllrnnrl Itat thn TCrtna
.attracted attention, all three classes of
i.'.l. h.lnc atrnnr
There was much Interest In the nef-o-tlatlons
for the big allied loan, which uot
... -.... dn. rnhnt enmn n.n 1 lll
pbe flgured out for a successful solution
Rof the forclcn exchange problem there
C iras little doubt in Wall street.
BIG BANKERS START WORK
ON LOAN FOR THE ALLIES
Estimates of Amount Run From
$500,000,000 to $1,000,000,000
NEW YORK. Sept. 13. With the arrival
here today of James J. 11111, railroad
financier, the Anglo-French-American
'capitalists, with J. P. Morgan, began
formal negotiations for the consumma
tion of the biggest loan tho world has
ever seen. None of the members of the
f conference would discuss the probable
amount, but estimates In financial circles
r... U V.. ...n., wnn. -.Art 11A ftlrt tn
11.000.000.000.
1 "The prosperity of the American farmer
Itepends upon the arrangement of the
Anglo-French loan. But tho loan must
appeal to bankers all over the country."
This was Jnmes J. Hill's declaration
upon his arrival here today to take part
Iln the International conference.
lne establishment or this credit is or
r more Importance to the United States
to England," he said. "There must
a stable rate of exchange which can
1 1 Injured only by a loan In or,der that
Americas wneai De soia aoroaa. we
will have 350,000,000 bushels for export.
lj 'The loan cannot be limited to use for
( the purchase of war munitions nnd bud-
' piles, for our banks In tho West would
take, no interest In it."
Just what form the loan will take Is
I unknown, but It is hinted that a syndl
J eat of bankers, embracing every part of
the United States, will underwrite the
loan and offer It to tho nubile at a rate
if Of interest probably 5 per cent. The notes
r Would bo secured by tho French, English
I ana Husslan Governments.
I Sentiment In banking circles today was
mil ii tne united States doesn't -como
to the aid of the financially embarrassed
Mtlonn, South America probably will,
. ''We want to keen this creat trade
vhlch we have built up during this war,"
ia one Danker, "it goes without saying
that the more the Allies can borrow here,
the more they will buy here."
.Today's meeting was attended by proml
Bnt bankers from coast to coast. It
eoula not be learned where the meeting
WM taking place, and It was Intimated
that no statement would be given oufc
Until this evenimr.
Jhe real reason why the Federal Re-
wive uoaru and the Treasury omciais
r not participating In tne conferences
wween the Anglo-French Fnanclal Com
tMon and New York bankers is that
IW. are afraid of getting into a neu-
jftuty tangle.
gf.Thla was learned from an authoritative
worce today, it wbb stated that tne
.government desires no official connection
lth the conference, because the visiting
wnkera are seeking a big loan for the
AUlci In Rrirlltlnn tn trvliiir tn rnnitttlHt
5 the foreign exchange situation.
n
8!
cs
01
05
SO
07
am
70
OW
05U
mi
UfiH 152
Do
8
2nu
17H
32W
62
07
HOU
51H
110
122jr 12.1
233 230
mi A3H
0 03H
09!f 70jf
05K
8
37H
23H
mi
3t
62U
07
81H
62
100
l)9
70
B2H
71
312
83f
83
00.
17JX
4SH
09
0)i
83'f
70.'.
335
83H
83
00K
18
45!f
34 34
391. 40) i
09 09
01H 0i
05 ar,H
60U 67M
071. 09
ISO. 162
051. 05H
8 8
37 37f
23H 23H
10). 18).
3:1 III
62! t 62l
07 07
SOW 81 W
61!f 52
109 109
122H 122H
230 230
42J 42H
o;hj 03 H
095. 70
100H 10I
07K 07'.
78'f 80!f
82'f 83U
7071 70
320H 335
831. SMi
83 83
00H G0M
17U 18
45 45
153U 154N 153W 15 M
. 44M 41 44
47H 48
44f 45U
30 30
811. 85
125H 120
iOJf 21M
00
45H
13
120
17
83
&w
02H
47M
15
48
45f
30
&5
120
10H
02H
40U
15
4S
44!f
30
Mi
120
10U
0'2S.
45X
14
127M 127H 127H
17H 17H 17J.
S3 S3 83
91 87 0()i
lo-Di 105;. 105U mrs.i
114 115 114 115
05
27
21H
74H
30M
50)1
395.
25!i
41
172
94U
2G5.
21H
. 72
. 29)
47Ji
. 37
. 25W
. 44
.171
255H 202
114
. 02
107 108 1075. 107K
118H 118'f 118U 118
U)?i 41Ji 40). 4151
04 (Hi
102J1 103
95
205.
21M
72 J i
2951
4751
37J.
25!1
44
170)1 17
258 200
05
27
21H
745.
30
5051
3954
25)1
44
11554 115
03)1 025.
115H
03M
20J1
745i
70)1
105
. 10
205-j
3151
2651
585
07J1
21
75
70
100
1051
20tf
34JS
20)1
59
09
03H 04M
1025. 102.
2051 20)1
142)1 144
74H
"ff
100
10'1
205.
34H
20)1
59
08
144
7.!
70
100
1051
051
3451
20'1
59
08
144
.22454 224)1 224)1 224)1
119)1 1195. 119 110
BANK CLEARINGS
i'.B4Rk dearlnr. tnH.v nnmnArjut with m,m.
WMlni day Taat two yeara:
w... a . t. 1"1B 1011 1"
niladtlphla. 121,530 681 tlO,40.S.m I23.MH.S.S0
cr". .,, u,.tu,oon u,uiu.l4i ii.ou(,iHin
RilfllO .
pi, 14UU
R
22T,T40,M3 180,340,003 213,021.277
in,322,Ala 4R.SIH.55l B'J.Ol'O.HIt
. 10,121,H0a l:i,lib3,:m 14,-JU.OST
RATPS vcm MONCT
. . !,...
g'-v:::"::::::::W
n.'y. .., a.
Time.
4 (HH
2M04
3V.U3K
. ...:.:::.;:.:...::: aim
5immerclal paper, three to ilx month. Phil
SJVbla, 3-i per cent.
nRwerve Banks' Discount Rates
Alaska Gold Mines.".
Aiiu-inaimcraMft
Allls-chalm Mt-Copf.
Am Ag Chemical
Am Hect Sugar
Am Can
Am Car & Foundry...
Am Coal Products
Am Cotton Oil pf
Am Hldo & Leather...
Am Hide a Isat pf...
Am Ice Socutltles
Am Unseed
Am Linseed pf
Am Locomotive
Am Locomotive pf. .. .
Am Smelt A lief
Am Steel Foundries ...
Am Sugar lteflnlng. ...
Am Tel & Tel
Am Tobacco
Am Woolen
Am Woolen pf
Anaconda Copper
Atch T & S K. ...
Atch T & S V pf . . . .
Haldwln Loco
llaltlmore & Ohio. .. .
llaltlmoro & Ohio pf.
Hctiilehcm Stool
Hrooklyn Itan Trn.
Hrown Shoopf
Uutto A Superior
Cal Petroleum
Cal retroleumpf
Canadian Pacific
Cent Leather
Chesapoalc A Ohio
Chlno Copper
Chicago Qt West pf...
Chi Mil A St Paul...
Chi A Northwest
CM IllAPac
Cluett Pea & Co
Colorado Fuel A I
Comjtock Tunnel...
Consolidated Clas
Corn Products Kef
Corn Pro Hef pf
Crucllilo Steel
Cruclhlo Steel pf
Cuban-Am Sugar
Deero A Co pf
Distillers Securities. . . .
Dome Mines
Klcctrlc Stor Mattery.
Erie ;.
Erlo lstpf
Erio2d pf
Fed Mln A Sm
Fed Mln A Sm pf
General Electric
General Motors
General Motors pf
Goodrich It F
Goodrich II F pf
Great Northern pf. ...
Gt N cfs for ore prop,
Guggenheim Expl'nt. .
Illinois Cent
Inter Con Corp'n
Inter Con Cor pf
Int HarrCorp
IntHarv N J
International Paper. . .
Inter-Met vot t c
Inspiration Copper
Kan City Soutnern...
Kanas City So pf
Iick Steel
Lehigh. Valley
Liggett & Myers
Liggett A Myers pf...
Long Island
Loose-Wiles Illscuit...
Maxwell Motors
Max Motors 1st pf. ..
Max Motors 2d pf
M St P A S S M pf.
Mexican Petroleum...
Mo Kan A Texas
Mo Kan A Texas pf..
Miami Copper
Missouri Pacific
Nat Enamel AS
Nat Lead
Nevada Con Cop
New York Air Urake.
N Y N II A II
New York Central . . .
NY O'A W.j.
Norf A Western
Northern Pacific ,.
Penn R It
Philadelphia Co
Pittsburgh Coal
Pittsburg Coal pf
Pressed Steel Car
Quicksilver
lty Steel Sp'c
Kay Con Copper
Reading
Hep Iron A Steel
Hep Iron A Steel pf. .
nock Island Copf. ...
Itumcly M. Co
Kumely M. Co pf
Seaboard Air Line
Seaboard Air Line pf.
Sears Itoe A Co
Sloss-Shcf S A I Co..
Southern Pacific
Southern Pao t c
Southern lly
Southern Hy pf
Standard Milling
StudcbakerCo
Studebaker Co pf
Tenn Copper
Texas Co
Texas A Pacific
Third Avenue
Union Pacific
U S Ind Alcohol
U S Cast I P &F....
United Hys Invest....
United Kys Invest pf.
U S Ilubber
U S Kubber 1st pf...
US Steel
U S Steel pf
US Express
United Cigar Mfrs....
United Dry Goods pf.
Utah Copper
Va-Caro Chem
Va-Iron Coal AC...
West E A M
Western Union Tel...
Western Maryland...-
Willys Overland
Woolworth F W Co. .
Cecta per share.
Total aalea, 351.000 (hares, compared with
440,000 aharea latt Tueaday,
NEW YORK
American Zinc
Ilraden ;
Dr-Am Tobacco old
do new
Car Light
Oold. Conn
Oreene Cananea .........I
Keno't Copper
I. V C'l Bales
Maima Copper
NtpliBlng-
Otfa Elevator
do preferred
Rllcer-llegeman
Submarine ....,
Hterllnic Oum .............
Tobacco Products
United Cigar Btores
da preferred
United l'roflt Sharing new,
World Film
Yukon Gpld
42H
2351
42K
. 87
. 37
.120
8354
. 7
. 14K
. 2054
. 351
24J.
. 0354
1451
.143
. 07
. 9254
20H
.10851
.107
42
2351
42
8854
30
41
2351
42
8854
3551
12754 120
8054 8451
754
1354
27
351
2051
0351
1451
140
0854
92)1
2QH
7
13
2051
35.
2551
0351
14V.
140
0751
025.
:054
42
23)1
42 3
8S54
3551
127)4
80
7
13)4
27
3)4
20
0351
1451
140
0751
92)1
20)4
109)4
109)4 109
107)1 100)4 100).
109)4 10951 10954 109)4
. 80)1 885. S0K 88)4
. 32)1 33M 33 3351
.100)4 10051 100 10051
. 00 02 01 02
.3 3 3 3
. 38 38 37)4 38
22 22)1 22 22)1
.149)4 15054 149)4 149)1
. 42)1 43)4 4251 43
.101M 101)4 101H 101)4
. J4 H H X
5)4 5H 551 551
85-.
1454
33)4
154
53
88)4
854
1451
34
155
52)4
89
8)1,
1451
33Ji
155
52
8854
8K
14).
33)4
155
5251
89
.1055 104)4 101)4 104)4
. 10 10 15)4 15).
. 61 51 50)4 51
. 55J4 50 50 50
.115 117)4 115)4 117
.105)4 105 105 105
. 55)1 5051 55)4
.152 15-1 153
. 11 10)4 105i
. 5751 5851 57)4
.129)4 129M 12851 120)4
. 75H 70)4 75M 70
21)4
23
384
50)1
60)1
154
1054
68)4
21
. 22)4
. 37H
. 4954
.104
74)
2051
23
38)4
60)1
I"
Jlphla 8
M ........ 8)4
vim ,, ... ,, t
:o ......
f . . ..... 8
vuy , .... .
, ...... 3
nt rata for bankers'
Days
t to 11 to 81 to it to tvl to
1 f mi Mil smi h tnnk
i 0
4 4 4 8
4 4 4 B
4 4)4 a
4 4 a
4 4V4 B
4 4 4(4 a
4 4 4ti ft
4 4 4V4 ft
au. 4 4(4 u
acceptance
turn, : per cent,, and maximum, 4 per
cultural and live stjck paper only.
FOREIGN EXCHANGE
XOItK. Sept. 13. The foreign exchange
ptnea weaic today, wnn aemana
, or( 1 After golnc off another 5i. at-
1 CO nUVV um1. rl nilM.. fnP T.OIldon
t, demand eterllng rallied to 4.07. an
01 z cents ironi tna opening, wm
CUnBf.t.nt .lHn.lh rUln. tn AIO for
1 la answer to a good 'demand.
eivrung, jrienca. m.im, .f
. 4.6S B.US H2T-18 8.40
4.6T 6.UU 82 0-18 U.41
mercUl Paner at 3 Per Cent.
WJUNOTON, Sent, l3.-f(ie Federal ltf
WifOard h approved a ) Pr cent, rata'
:'"i reaerve pauaa vn jniwun .v
" u aay and a a or eni rata
ndsl pper fw- fbUadelt!.
.0!1
22)4
38
4951
103)4 103)4 103)4
75)4 74)1 7554
.113)4 113)4 11354 113)4
07 09 0051 OU
4851 48 48
58)1 68 63
00)1 00)4 05)1
30 3851 30)1
03 59 69
114)1 110)4 116
75)4 70)4 75H
30 2954 2851
48
68
00)4
371
59
115)1
70)4
2954
.188
.100
18854 187)4 187H
105)4 105)4 105)
Aaked
64
V,
.554
T
U4
a
i
00
10
125
iA
4
2)4
NEW YORK COFFEE MARKET
NEW YOItK, Sept. 13,-Wlth the exception
of in advance of I point In the January de
Itverlre. the market fur i-uffve futuies generally
aeollned. Initial quotation! dlepUyed .oa of
S to 4 Mints. In the arternoon elon lower
price were brought about, but little, buying
vE. done. Total ealee were 2250 bagj.
tt&a aonr. i' 'Tod4y.g today's Saturday's
ulnaa rim
Op.".". "V ,fV-"-,
.13Jfl.l5 al74)(US
CURB
ntd.
w)4
;:::::: !"
, M
IKS
13
, 3T4
. 71
...... 01
fi
::::::: fr
....... 03
110
'.'.'.'.'.' 3K
2)4
WAR ORDERS LIFTED
LAKE SUPERIOR
Cambria Steel at New Record
Price Electric Storage in
Strong Demand
Another outburst of buoyancy in tho
three stocks which hnvo been leading
tho locnl market of lntefwfls the feature
of the trndlng In Philadelphia today
Cnmbrla Steel made a new high record
at G5, while Lake Superior was heavily
dealt In nnd moved up about a point,
and Electric Storngo Battery wns 'also
lifted approximately n like amount. It
was learned on vcrv good authority to
day that the Lake Superior Company had
received n 1U wnr order within tho
last few days.
The annual report or the Lake Superior
Company for tho year ended June 3)
showed ,i total Income of $330,032, n de
crease of $79,022. Net Income wns Jliifil.
a decrease of 21.740. Cash on hand was
$101,153, ngnlnst $2SI,0S0 the "rv!om yenr
Tho total surplus was $23,072, against
$S8,217 In 1911 nnd $113,130 In 1913.
Tho report ktntes that the Algomn Steel
Corporation has certain war orders and
that shell steel Is being made. In con
nection with the Toronto Chemical Com
pany, a benzol plant Is In opotntlon, In
cidentally, contracts have been secured
for tho sale of sufficient coke to warrant
the full operation of all the coke ovens.
Asldo from the three stocks mentioned
there was little dono on tho local market.
United States Steel was by no means so
briskly denlt In as usual, but tn the bond
division Inke Superior Incomes were ac
tive. One block of $15,000 came out,
"sellers 20 dnya Hut," which would seem
to Indicate foreign offerings. Tho prlco
was 2ii, compared with a previous salo
at 30. Later It rallied to 29. Philadelphia
Klectrlc slipped oft n frnctlon In the aft
ernoon, nnd tho general trading became
very quiet. Baldwin Locomotive, moved
up a 'point.
Investors are Just now disinclined to en
ter tho market to any great extent pend
ing the outcome of the negotiations be
tween the Anglo-French committee nnd
American hankers rcgnrdlns the foreign
exchange situation. Expectations that a
big European loan will bo forthcoming
having an early maturity nnd carrying a
comparatively high rate of Interest natu
rally puts a dnmper on bond trading nnd
nlso tends to delay any other now financing.
WHEAT CLOSED STRONG;
CORN WEAKENED
Stocks Light and Arrivals
Small Foreign and Millers'
Demands Increasing
September
October
.November
December
January
February
Kirch .
Arrll .
May . . .
Jane
Ji'iy
nuAniit ii2n?i n.21
ri.'iMr8.25 e.i.vsaiH av36.2s
O..UU0.3V a,zKf.o.41 .nqin..u
GEORGE DALLAS DIXON
Vice president of tho Pennsyl
vania Railroad, who has just re
turned from his vacation, spent
at Winter Harbor, Me.
Financial Briefs
New York Bond Sales
$1000 Adams Express 4a ii
ajuuo Amer Cot OH 3s u:i)i
owv Amer nine Ac l. ua....iu;t
tM Amer Sinelt Sec Us...
2000 Amer Xel clt 4
"ooo do cvt 4'.4
loui. Armour Co 454s
1000 Atchison HdJ 4a
7ihui do.cv 4s 1033
llllOO do cv 4s MIX)
1UUO Allan Co Line 1st 4s.
WW do clt 4s
lluuu Halt & Ohio U'.is
UKIU do 4n
2UUOU Uo iv 454
ltxxjo Halt & U awn 3Viis...
raw Htth sttel rrd s
500D llrook 'Lu Elv 1st Ba.
1UOI) Cal (Jaa A: Mec 5s. . .
15UM) Canada South 5s
MHJO Cent leather 1st 5a.
U.'UO Cent I'mltlo 3Hs
l"OI, du In 4a
105011 Chill Copper 7a 114
Low. Close.
73 73
103
S7U
U3J,
OOVi
lO'J
fc3
N)V4
. . w
.. 83
.. MM
MI'A
. . IM,
..10.1VJ
. . 7i
..100
:: Kji
.iv
75
O0H
8S
82
ll-JTi
iaK) Chos At Dh ov l)4s
1UOU uni ut vw 4
C30(n) Chi 11 & Q Joint 4a. . .
MUl) Chi 11 Ac gen 4s....
10OO Chi 11 Ac CJ 111 3V4...
3000 Chi U & O III 4s
13UOO Chi Mil & St P cp OS..102H
auuu tnt Ac m i' cv . vra
StKX) Chi M Ac Ut V gen a littvk
L1HH) Col Ac Mouth 1st 4s 83)4
i!ow Col & South ref 4V4s.. 70
10(10 Con Uas cv t' 11 (Hi
MX) Del Ac Hud 4 '10 100h
1000 Del Ac Hud rfd 4a 00
5000 Del Ac Hud 454 102)4
3000 Den & Rio Or rfd Si. 43
3MK) D1b b'ecur Corp fis.... IUV4
41KXH) Du 1'ont rowd 4WS...101H
3TU.KI l.rio conv 4a Rer A.
U2000 Krto conv 4a Scr D.
140UO Krlo prior 4a
2IKXI0 Uicen Hay deb li .
1IK.I00 Hud Mnn In 5s
20UO do rfd 3s
bOOO IiiQlanrt Steel 5a . .
150OO III Cent 4s 1032
4U0O Inep cv Ua
1,)0 Inurb Met 4.4s ...
50CUO Iiiterb It T ret 5s .
4U0OO InUr Mer Mar 4Us
12UM) lnttrnl l'apcr cvt 5s.. 02
iOix) Intnl stm rump Bs.... 711
2000 Lacka Steel 3 1023.. 03
I'looo do fis 1050 i
11IK) Lake Shore gen 3M,s.. 80t
1IMH1 do deb 4a 1023 IKlV
2U00 do deb 4a 1011 WH.
2000 1.1b Ac M T 7a 123V4
HAM Lorlllard 5s lm.
imK) Louis .t Nash 4s 00
1000 Mo Kan & T lit 4s. .. T3V1
5000 Mo Kan & T 2d 4a.... SI
1000 Mo Kau & T rfd 4s 40)5
1000 Mo l'ao cv 3s .12
2000 Mo I'ae cons 0a (VI
2000J.lont Power Bs 00
1000 K Y Air Brake cvt 0a.. 101)4
070IK) N Y C & II (Is ret. ...104
111
1UI
103H
),
03W
01
00)t,
Ml
S3
t0
$
X3W
80
sou
KKlli lo:ivi
87 ji k7u
VU 10H
0UU I'Uli
84?. K4)j
U3)i 113H
in
W
lut
105
87 V
05,
lift,
N)l,
00 Vl
101
85
80
8U?
8
80
80V1
OOVj
84
00-)!,
88
82
02
03
.. 70
.. 77
..101)4
.. 'Mil
.. i-
..101)4
.. 81
..140
.. 741A
.. 00(J
.. 744
81
WIS
K8
82
U2
lU.'Vi 102'
03i mi
08 08
M'.i 83H
70 70
1104 HOW
100H 1(H)S
00 ,IKI
102V4 l02
43 43
M!4 04
102. 101!i
13 !i !
(S) (3)l.A
77 77
1U1W l(lli
2(14 20-x,
72 72
loiH loi,4
81 814
l.'iUVi 140
li 74
There hns been placed on the regular
list of tho Philadelphia Stock Exchange
$118,200 additional stock of the American
I Telephone nnd Telegraph Company. Thcro
has been struck off the regular list $235,
C00 I'ubllc Servlco Corporation of New
, Jersey general mortgage Bs, 1939, pur-
i chased for the sinking fund.
1 Alba Johnson, president of tho Baldwin
I Locomotive Works, hns returned from a
vacation of Bcvernl weeks spent In mo
toring through the White Mountnlns and
New England.
The Now York bnnks gained $1,091,000
from tho Subtreasury Saturday, nnd
$1,400,000 since Inst Friday.
Tho Federal Itosc-vo Honrd today ap
proved a rate of 3 per cent, on commodity
j paper negotiated through tho Philadel
phia Hcsorvp name, ino same rato pre
vails nt Dallas, Richmond nnd Atlanta,
on commodity paper. Tho board also ap
proved a rato of 314 por cent, for tho
Cleveland Itcservo Hank on maturities
not exceeding 10 days.
W. S. Baker and Ervln & Co., bid up
Cnmbrla Steel.
Tho total nmount of municipal loans,
permanent and temporary, issued In Au
gust In this country nnd Cnnadn wns
$48,762,106, as compared with $16,646,801 In
1914, nnd $43,913,953 In 1913. Tho perma
nent municipal loans In the United States
In August totnlcd $19,424,49?, ns compared
with $10,332,193 last year nnd $19,822,191 In
1913. For eight months permnnent muni
cipal bond sales In the United Stntes were
$365,179,267. as against $394,666,343 In 1914
and $262,178,745 In 1913.
Tho nnnual report of the United Paper
Board Company shown a gross decrease
of $127,105. Net earnings decreased $116,093,
and the surplus wan $112,456, a decrease
of $119,132.
For tho six months ended June 30 the
Amcrlcnn Smelting and Refining Company
reports a decrease of $21,901 In gross in
come. Net Income fell $8030. Tho surplus
after dividends was $1,015,081, an increase
of $58,389.
Owing to lack of a quorum the direc
tors' meeting of the American Railways
Company scheduled for today was post
poned until next Monday.
0000 N Y C Ac H 4M 8;
i N Y City 44 'uo luz
1000
10OO N Y City a May '57.101
1000 N Y N 11 Ac II CV iiYi. 1 Vt
24000 N Y N II & II Cs 110H
10000 N Y Itwy adj 5s 40
12O0O N Y State 4Hs 100J4
7000 N Y Tel gen 4Mb p
40OOO Nor 1'ac prior 4 80J4
8500 do gen as
10(i0 Ore Short L 4s
10000 Pacific Tel 5s
200i) Penna cv 3H"
4000 do gen ct 4Vjs
10000 do cv 4V4s 1021....
1000 Fubllc Serv N J C.
10000 Heading gen 4s
15000 Hep Ir & 8 5s
10M Hock Island 4s
20KH) do rfd 4s
C2UOO0 do Ss
2000 South Hell Bs
h:h0 south l'ac cv 4s....
lmoo do cv ret f p ss 1034 nuu
4(uu no rm s , n(
5O0O do Term Ss 7I
r.(UM) finulh ltwv con Ss .... 07
4000 Texas Co cv Cs 101
21000 Third Ave adj Sa .... 78'
(ii
71)
05
84W
w!4
IKI'
SO
121
U0)4
(HI
s?Vi
40H
32
02H
IK) VI
101V4
lttl',4
8(1V4
10
H0V4
74U
01U
"II
US
8UVa
HlVj UOVj
a 80T.
Eift liaC
m i nar
no'
TBVi
SI
4U4
32
02i4
110),
10Hi
104
sV4
102
lOiu ioi4
(,H4 U(a
noi lion
48 40
100H lOOJi
04J4 0l5
811
02 0.1
87 87
00T4 (
100 100
07',; 07V4
1024 nrJH
87 B7
KMI II y Ilubber 0s
10500(1 U B Steel Ss .....
000 do tog Sa ....
18o(io Union l'ac Is t4s
5(100 jo rid 4S
..lOi
..102'
..102
.. 0,1
81
;..o.23
...0.31
.t.33
'nsoflceo
Mfin?R nrunnftl
A.:oi.31 0.37(10.38
(1.350.3a 0.4210.43
n.40fl.41 6.4T60.4N
fl.454)fl.4a 6.520.M
tl.5Oaa.01 fl.57U0.5U
Ul',4 HI ',4
04 34
02 02,f
4.1V4 4
07 V4 071.4
70V4 80Vi
(in nt
A toy, 7(n,
(, 117 i-i 07 U
! 101 101V4
.T8V4 7S
f! 102H ll2&
V. 102 102
i 102V4 102U,
112 024
8I'4 8l',i
47(4 4T'4
70 70
04 04
100 100
a
i 105 105
101 101
114 116
87 S7V4
03 OS
NEW YORK BUTTER AND EGGS
SEW YOItK. Sept. 13 nUTTEH. Market
Kteadv; recelpta, 7103 packages; extra, 23c;
hlichtr scoilnc 201i20V4ci State dairy. 25c. 1
Imitation ireamtry, 24V5ff25c.
KRflS.- Market steady to firm: recelDts.
00'JO rackagca; extra flrsta, 2nUi327c. reg-.
ular packed; nearby whites, 2IViv20c. regular
pncKea; mixea co.or, ..-iia.uG.. gatnerea; re
(rlftrrator firsts, 24Q29c; nearby browns, 30
32c.
GOVERNMENT BONDS
2a of 1030 reg . . .
2a of 1030 con....
l'ana 2a reg . . . .
Tana 2a '33 teg ..
Pana ne,v 3s ...
I'ana new 3s cou ..
Iild. Asked.
... 07 OS
...07 08
. . . 00
... no
...100 ...
.iuu
3a of 1018 reg KKJ1 ...
3a of 101S cou 10O4J ...
4a of 1025 reg 100 110
4a of 1025 cou 100 ...
CHICAGO, Sept. 13.-Wheat. which
weakened Saturday, after a rise of from
S to 11 cents In two weekK, opened to
tiny below tho closing quotations of tho
end of last week. A sharp rally set In,
following tho early snles, nnd a gain of
3 cents took plnce In September nnd a
tilfle less on the other futures. Selling
wns general In December, when It reached
94, but fell off as the prices advanced.
Tho bulge was followed by a break later,
but tho flnnl dealings found prices well
nbovo last weok's close.
Stocks continue light and arrivals small,
with an Increase In the foreign nnd
millers' demands developing. These off
set the Government's bearish crop report
and lent somo support.
Corn was weak at the opening and
continued wenk In the early hours, no
disposition being shown to follow the ris
ing wheat prices on the early morning
bulge.
Sales of oats were scattered. Prlcer
maintained an even tone. Little Inquiry
for manifest for May.
Exports from North America for the
week totaled 7.04I.O0O bushels of wheat,
77,000 bushels of corn and 1,063,000 bushels
of oats. About 1,701,000 bushels of tho
wheat wont out as ftour nnd the Pacific
const shipped 221,000 bushels.
Amcrlcnn cnblcs to Liverpool strength
ened the market there. Prices grew firm.
Arrivals were light. Tho domestic mill
ers' demand continues steady. Spot was
strong, ns was cargoes. The Liverpool
stocks were reported at 4,032,000 bushels
of wheat, an lncrcnse of 8000 bushels, and
1,063,000 bushels of corn, a gain of 42,000
bushclt.
Leading futures ranged aa follows
71 71; 172
37 :s?8
.. SOU .'17 30 t30 T3n
... 38 3S 30 730 '301,
... 38 38 38 88 138
Rnl'n'a
Wheat Open. High. Low. Close, close.
September .. 0SH 1.01 08 04 i'Vi
December .. t4 li(l P4 'USH t5
May P7? 00H 07 BS" 108';
i-urn mew Delivery)
September .. 71 72
December ... 57 37
May B7i 58
Data
Sftptember
DecemDer
May
Lard
September 8.00 8.02
Octobor ...S.00 8.00 8.02
January 8.53 8.87 8.65 8.57 8.57
nibs
September 7.83 7.83
October 7.03 7.03 7.93 7.03 7.I)2
Jnnumy .... 8.33 8.33 8.32 18.32 18.30
l'ork-
September ..12.17 12.20 12.10
October ...12.23 12.30 12.27 le.30 12.20
J.inuary ....14.03 '14.05 U4.07
Hid. tAsked.
BANK SURPLUS EXPANDS
Local Institutions Report Increase of
$2,689,000 in Reserves
An Increase of $2,689,000 In surplus re
serves was reported by the Philadelphia
Clearing House banks for the week Just
ended. Loans expanded $478,000, whllo In
dividual deposits decreased $946,000. De
tails follow:
Loans
Depotlta (lnd.) ....
Circulation
Due from Hanks. ...
Deposits of banks, .
Ex. Clearing House
Hescrve held
Hcserve required . .
surplus
Sept. 13. 1013.
...$432,378,000
. .. 300,712.000
. .. 11,121,000
. .. 50,523,000
... 150,107.000
. .. 12,141,000
. . . 123,105,000
. . . 07,1181,000
oa,Zi,UUU
Increase.
$478,000
H4(l,l(U
lS.llOU
1,758,000
2,450,000
3,400,000
8.173,000
4R4.000
2.080,000
HurDlus under old form: SeDtember 15. 11)13.
$7,032,000; fieptemoer IB, 1912. 15.050.000; Sep.
tember 11 1011, $7,236,230; Beptrmber 12, 1010;
$11,4113,750.
Decrease.
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Did,
Jim Initlcr
Midway
MUpah Extension .
Montana
Northern Star
Tpnopah Helmont . .
Tonopah Extension
Tonopah Merger ....
Tonopah Mining ...
Heacue Hula
West End
.81
.. .10
.. .18
.. .27
. . .10
. 3',4
:: 5h
::$
. . .55
Asked.
.83
.12
.20
.2!)
.12
4
Atlanta .
Illue Dull
Hooth
HlllldOK
C. O. D ,
Combination Fraction
Dlamondfteld I) 11....
Daisy
Florence ,.,
Ooldfleld Consolidated
OOLDFIELD STOCKS.
27
02
.... 42
01
03
07
03
04
43
1.30
niVIDENDS DECLARED
international Harvester Company pf Naw
.r..v regular quarterly 1 par cent, on com
X 'dEBS October ,15 to stock ot record
ion, pa7"'J ,. ,-tinn was taken on the
SXn.'.mPb.r aa. o action was , taker, on the
llVrViter Corporation o.. &; rM
17-afw eSiw- l
to! "iVKhi,,.' Railroad
:i(0 Union Hwys 8 F 4s... 47
200O do Inv Ss 70
12000 Vi 1 O a C lit 6s... 05
23000 Wabash 1st Ss 100
21)000 Wab-Kqu ct sta 4s... I.
J10AA Wnli.P Ter 1st ct 4s.
3000 West Eleo cv 6s 103'
1000 do Bs vJJi..
121.000 West E & M cv Ss w I.115U
12000 West Shore 4 7
SOU) West Union 4s .... 05
Total sales, 2.37LOO0, compared with $2.420,.
000 last Tuesday.
LONDON STOCK MARKET
War Loans Were Firm, While Amer
icans Hesitated
LONDON, Sept, 13. Generally securi
ties on the Stock Exchange displayed a
firm tone today. There was a fair ac
cumulation of .business, notwithstanding
the disposition to await the Govern
ment's declaration of tho budget and tho
question of compulsory military service
after Parliament reassembles tomorrow.
The feeling In the gilt-edged section was
cheerful. The war loans were firmer.
Saturday's large withdrawals of gold
from the Bank of England were Ignored,
The political situation in the United
States and the position of tho exchange
were responsible for the hesitation In
Americans, Canadian Pacifies lacked
steadiness and were tower. Light In
vestment buying caused an advance In
homo rails. Price chances In Argentine
rails were narrow and mixed. Kaffirs
were strong on the excellent output of
gold at the Rand In August, end an In
crease of 6660 In the number of paid
laborers for the month. Sentiment, in
oils was optimistic.
LIVE STOCK QUOTATIONS
OHIOAOO. Bspt. IS. IIOOS. lltcelpts, 28.-
8.23!
Prices of Crude Oil Advances
NEW YORK, Sept. 13. Pennsylvania crude
oil, all grades except cable, havo been ad
vanced B cents a barrel.
FOREIGN TRADE CHANCES
I7i following list o opportunities for Amer'
lean manufacturers in the foreign trade It
given hv the Bureau of Foreign and Domeetle
Commerce, Department of Commerce, and ad
ditional Information may be had lu corrf
tpondence, giving the file number.
No. 18158, cereBlne, A representative ot un
Italian firm Informs an American consular
officer that he dcslrea to receive tho names
and addresses of American exporters of cereslne
(Imitation beeswax). He states that he Is
in a position to Import largo quantities which
Is used for the manufacture of floor wax.
Correspondence should be In French or Italian,
Samples, with c, I. f. quotations, are desired.
Payment will be made against shipping docu
ments in the foreign port.
No. 18150, gold lacos and cords. An American
consular olTlcer In Spain has transmitted a
book containing samples of hand-mado gold
laces and cords which are manufactured In
his district. He also transmits the name and
address of a business man who desires to
establish commercial relations with American
Importers of such goods. The samples may be
examined at the bureau or Its branch offices.
(Hefer to File No. 04711.)
No. 18100, Ilraslllan hardwoods. A firm In
Ilraill has Informed an American consular
officer that It owns a largo stock ot woods
suitable for the manufacture of pianos, cab
inets, firearms, furniture, fittings, etc., and Is
desirous of communicating with American Im
porters of such woods. Correspondence may
be In English. Heferences are given.
No. 18101, oxide of Iron. An American con
sular orflcer In Italy transmits the name of
a representative of a firm In his district who
desires to establish commercial relations with
American exporters of oxide of Iron, He
states that he la In a position to Import large
quantities of this material, which Is used In
making floor wax. Correspondence should be
In French or Italian. Samples and c. 1, f.
quotations should be sent at once. Payment
will be made' against shipping documents In
the foreign port.
No. 18102, handles. A manufacturing com.
pany in Canada writes an American consular
officer that It desires to be put tn touch with
American manufacturers and exporters ot mal
leable and stamped steel handles, tinned or
nickeled, for shoe daubers. Heference Is given.
No. 18103, oil drums. An American consular
officer In Spain write that a firm In his
district Is Interested In securing. Immediately,
Iron drums for oil with a capacty ot 200 and
700 liter. Prices should be made In 100 lots,
r. I. f. destination, In gold pesetas or francs.
Correspondence should be In Spanish. Hef
erence Is given.
No. 18161, precious stones. A business man
In Hussla Informs an Amerlran oonsular of
ficer that he Is desirous of establishing com
mercial relations with American Importers of
precious stones, such as rubles, amethysts and
about 3000 pounds of topai.
Ooldfleld Merzer 17
J'lnbo Kxtenslon 1.38
.Kewanas 28
Orn 05
Sand Ken 08
Sliver I'lck OS
MISCELLANEOUS.
Falrv Aztec 01
Klmberly 01
.Nevada Hill IS
Nevada Wonder 1.40
Si
0
.07
.50
.28
.04
.44
.03
.0.1
.0:1
.ol
.00
.47
1.35
.111
1.41
.20
.0(1
.10
.10
.03
.03
.20
1.43
RAILROAD EARNINGS
DENVER AND SALT LAKE.
1015.
Fourth week August ... $05,000
From July 1... 345,001
CANADIAN NORTHERN.
First week September... $283,300
From July 1 2,OS2.300
Increase.
$14,017
23,239
$36,700
OUU.iUO
TOLEDO, PEORIA AND WESTERN.
1015.
$110,107
22,200
1,107
202,384
10.332
20.224
Increase.
$3,7.17
3,838
3,0(12
18,1 Kl
24,31.4
22.G33
Auguat gross
Net
Deficit aftor charges.
Two months' gross. . . .
Net
Deficit after charges.
CHICAGO AND ALTON,
Fourth week August $434,301 $21,800
Month 1,373.833 45,203
From July 1 2,502.213 43.787
TOLEDO. ST. LOUIS AND WESTERN.
First week September... $00,011' $10,00(1
From July 1 020,020 21,007
TOLEDO, PEORIA AND WESTERN.
1015. Advene
August gros S11U.1U7
Net 22,209
Deficit after charges ... 1.107
2 months' grors 202,584
Net 10.352
Deficit after chaiges .. 26,224
Decrease.
$5,737
3.MS
:,n2
28,1103
24.3U4
S2.U3.'
"nirirS yire and Marine Insurance Company,
Olraro '";. .. payable October 1 a
I EaVtwlSSwbSf IK vt ..
rvv market sttsdy. Be higher; mixed
butchers, J6.00O8-2O: good heavy, I8.7S7.73i
CATTLK- MsMipts. 18.000: market steady!
bceCss. W.40iHOi cows and. belters. 3,25rt
Texan. $.73t8.80i raUes. J9.WK1J.
3HKKF -WeCelptA 22.660) market 10o. lower:
(uTttv tad W .stern. a3,S.0j lambs, V;W4.
Sound Investments
FRAZIER 5f Go.
Bankers
132 S. 15th St.
PUBLIC UTILITIES
The outcome of the argument heard
by the Pennsylvania Public Service Com
mission a few days ago, concerning the
application of the Blrdsboro, Reading
and Pottstown Railroad Company to con
struct a trolley line between Reading and
Stowe via Blrdsboro, has taken on new
Interest by the objections made by the
Pennsylvania Railroad, which through
its counsel contended that the proposed
line is not necessary.
Sales in Philadelphia
Sat. close. High.
40 Am nwyi 24 21
200 Hald Ixco . . . 70 80
12 do rfd... 100 10(1
8331 Cam Steel . ... my, (IS
..10 Cht n I P.... lflC "1H
2271 Hlec Storage ... 72 i4
270 Hrle 23 .10
200 .do 1st pfd 40
0700 Ijiko Sup Corp. . 11 12
74 lhleh Vat .... 72 73
140 Leh Val Tr pfd. 34 S4
10 Mo K T.. 7
123 Twin It It 4'4 M
lliO I'hlki Co 44 41
It do cum prcf . 4(1 4
g l'hlkt Blee 23 26
,,2fl Phi bt Han Tr... 10 10
lino do tr cifs 10 10
240 yielding 74(I 74
710 Ton Mining .... 0 (I
110 Union Trno .... 30 37
00 1 (las Imp 83 85
823.1 If S steel 74W 73
173 Warw Ir St.. 10 10
10 Westm Coal . . 03 04
Total sales. 21.013 shares.
HONDS.
lAst prev.
cale. ltlsh,
U Cam Stl ae 10t0.1to 100
K do May 1017 . . t) tm
02 do Feb 1017 . . 09 OOi,
loon City 4s 1W3....1014 100
10000 Key Tel 1st 5s. t4 01
t.VXKl take Sup lne 4s 30 .10
21000 l'enna gen 4s 07 07
100 l'hlla Ulee 6s. 101 101
2000 Span-Am I 0s.. .. 02
7000 do 6s 101 101
Total sales. $40,200.
Low. Close.
21 2ltt
70 80
109 100
04 (M
21 21J
73 4
21. 30H
if i?S
71 721
31.4 34.4
7 7
4 afc
24 23
10 10
10 10
74i, 74g
SOU 3ot4
81 84
01 04
I.OW,
100
onS
w
100
04
28
H7
101
H2
101
Close.
100
P0
ltt
100
SA
183
02
101
Local Bid and Asked
Today Saturday
Bid 'Asked Did Asked
Baldwin 80 80 70 70
do pref 103 100 100 100
Butt Xc Sua t o 12 13 12 13
do prcf 39 40 30 40
Cam steel r, (n'4 n.1 o
Klec Storage 7.1 74V 72 72
Uen Asphalt 32 3.1 32 33
do pref 00 70 01) 70
Keystone Tel 14 15 14 15
do t c 14 10 14 15
do pref (M 07 00 07
Lnko Sup Corp lt 11 10 11
Lehigh Nav 75 73i 76 70
Lehigh Valley 72 72U 71 71
Lehigh Valley Tr.... 17 18 17H 11
do pref 34 ;ia 34 J4
Penna 04 S5 54 54
Phlla Elec 24 23 24f, 23
l'hlla Co 43 41 43 43
do 5 per cent. pfd... 37 30 37 40
do 0 per cent. pfd... 43U 43U. 43 44
Phlla R T 10 10 10U 10
do t c 10 inv mil 10
Reading 74!i 75 74 74
Tonopnn Itelmont . . . . J1!- 4 3.1,, 4
Tonopah Mining 5 0 554 6
Union Traction 30 37 30V, 30;
U Gas Imp 84 83 84, 83
U S Steel 73 73 74 74
Tork Hwy 7 7 7 7
do prcf 31 32 31 32
Wm Cramp t c SO 82 80 82
COTTON
NEW YOniC Sept. LI. Despite heavy selling
for Southern and Liverpool account, the cot
ton market opened steady this morning at an
advance of 2 to 5 points. The action of
the market at Liverpool was the sustaining
Influence here. Trices thero were due to
come 0 to 7 points lower and. although
they showed losses of 4 to 5 points at the
outKCt, recoveries were quickly made. Wall
street houses bought. Tho weather In the
belt wns favorable.
1'rlces Improved throughout the late dealings
and In the Until hour were ruling from 22 to 20
points above Saturday's closing figures.
Sat. close. Open. High. Low. Close.
January 10.04 10.00 10.1m 10.07 10.00
December 10.40 10.40 10.80 10.41) 10.70
October 10.12 10.10 10.43 10.10 10.45
March 10.04 10.08 11.25 10.00 11.25
May 11.10 11.23 11.54 11.22 11.34
July 11.37 11.72 11.37 11.72
Spot 10.10 10.33
BAR SILVER
In New York the price of bar sliver was
48 ccntsv
BRITISH LABOR ASKS
LIBERTY FOR BELGIUM
Francis W. Hirst Tells Attltud
of Workingmcn Toward
War and Pcaco Talk
By FRANCIS W. HIRST
Bdltor of The Economist.
Special Cable fo the JCve-ilnp' Ledger. '
LONDON, Sept. 13. Tho Trade Union
Congress has been as Important as I pre
dicted. Representing over thrco million
of the most intelligent worklngmen In
the country, it passed with absolute
unanimity a resolution against conscrip
tion, nlso by an overwhelming majority
a resolution favoring the prosecution ot
the wnr to a successful conclusion. What
this means and what In the opinion of
labor leaders would bo a satisfactory set
tlement were Indicated, by another reso
lution carried tn a public meeting1 fat
Bristol after speeches by two laborJttern
bers of Parliament. This resolution de
clared as essentials tho restoration of
Belgian and French occupied territory,
together with economic political freedom
for Poland, Alsace and Lorraine.
This Is a moderate and reasonable pro
gram, which would lead to speedy peace
If the German people could possess them
selves of self-governing Instinct and
capacity n. big If.
Permanent settlement of the Alsace,
Lorraine and Polish questions Is s.
clearly Indispensable Ingredient In any
sound and curablo settlement.
Meanwhile, recrudescence of the bar
barous folly of Zeppelin warfare has
ended any possibility of agreement for
the present. As a leading Amcrlcnn en
gineer said to me yesterday, "The Ger
man Government evidently Is determined
to make the very word German odious to
nil civilized countries for the rest of our
lives."
The reports of progress In internal re
form In Russia are highly encouraging,
and we hope to see the tide of invasion
turned before winter.
The course of exchange Is held to de
pend for the Immediate future on the
ability of American bankers to lend. My
personal Impression Is that you have lit
tle more Investment money for foreign
purposes, but that you have plenty ot
bankers' money which could be used for
discounting nnd redlscountlng bills repre
senting American exports to us, France
and Russia. Obviously you are as much
Interested In rectifying exchanges as we.
Therefore, one expects temporary meas
ures whoso final efficacy would depend
on the duration ,of the war.
August trade returns Indicate that the
gap between imports and exports re
mained about the same.
The budget Is expected .n about three
weeks with considerable anxiety by those
who have great possessions, but It will
probably hit hard all above tho poverty
line. Tho effect of heavy taxation and
eventual privation here as elsewhere
seems certain to be unfavorable to large
properties. Many of our great landed
estates are likely to be diminished nnd
many of the smaller ones will change
hands, as they did after the Napoleonic
wars.
I PHILADELPHIA MARKETS
GRAIN AND FLOUR
FLOUR. Receipts, 1015 bbls. and 1,003.018
lbs. In sacks. There was little trading, but
mill limits were further advanced In sympathy
with the continued upward movement ot wheat,
quotations, per 100 lba. In wood: Winter
clear, new, $4.7585; do., straight, new, $30
5.25; do., patent, new, $5.2.Vi)5.50; Kansas,
clear, new. Jute sacks. $565.62; do., straight,
new. Jute sacks, $3.3303.00; do., potent, new,
Jute sacks. $5.0303.85; spring, first clesr. new,
$4.8333.10, do., ettalght, new, $5.1035.35; do.,
patent, now, $5,3355.00; do., do., old, $8,000
(1.85; do., favorite brands, old. $77.35j city
mills, choice and fancy patent, $77.35; do
regular sradea, winter, clear, new, il.'Sil
6; do., straight, new. $5t3.30; do., patent,
new. $5.4033.03. . .
CORN. Receipts, 1750 bush. The market
was quiet and without Important change. Quo
tations: Car lots for local trade, as to location
No. 2 yellow, 8087c.j steamer yellow,
83SRBc; No. 3 yellow, 8.1MQ84c.
OATS.-ltecelpts, 30.030 bush. The market
was dull and e. lower under fairly liberal
offerings. Quotations: No. 3 white, J0.4SP
40c; No. 4 white. 3738c; sample oata
3:FLOUn.-Ileeelpt. 1015 bbls. and 1.008.018
lbs. in sacks. Mill limits wero well maintained,
but trade wns quiet. Quotations per lt( lbs.
In wood- W.nter. clear, new. $4.C5e4.83; do.,
MralEht. new. ll.008S.15; do., patent, new.
13.1.1415.40; Kansas, clear, new. Jute sacks,
4.li.le3.20, do., straight, new, Juto sacks $5.-3
&3.4S: do., patent, new, Jute sacks. $3.5065.75;
do., straight, new, $35.23; do., patent, new,
15 23R5.50: do., do., old, $6.503tl.7oi do.,
favorite biands. old. $7(37.23: city mills, choice
and fancy patent. $707.25; do., regular grades
-Winter, clear, new $4.05er4.8ft; do., straight,
new 4.1i05.15; do., patent, now, $3.1505.40.
llYlf FLOUR sold slowly, but ruled steady.
We quote at $505.60 per bbl.. a to quality.
PROVISIONS
The market was quiet but steady. Quota
lions: City beef. In sets, smoked and alr-drted.
25320c; Western beef. In sets, smoked. 25M
20c. : city beef, knuckles and tenders, smoked
and alr-drlod. 27i28c. .Western beef, knuckles
and tenders, smoked, 27&2HC.; beef hams. $.11
32; pork, family, $2lQ2L60; hams, S. 1.
cured, loose, 12-y.13c; do., skinned, loose,
llil"ic.i do., do., smoked. 13B13vc: other
ham. smoked, city cured, as to brand and
average. l1Ue.l hams, smoked. Western
cured 13014c; do., boiled, boneless, 2223c.
Picnic shoulders. 8. P. cured, loose, 0ei0c.i
do." smoked. DK&lOe.. bellies, in pickle, , ac
cording to averago, loose. I212c; breakfast
bacon, as to brand and average, city cured,
10017c; breakfast bacon. Western cured. 10
0l7c.i lard, Western, refined, tierces. 8ft0c;
do. do., do., tubs, 80c.i lard, pure city,
kettle rendered. In tierces. 8tfic: lard, pure
city, kettlo rendered. In tubs, SHBOc,
REFINED SUGARS
There was little trading and the market was
unchanged. We quote refiners' Pst prices;
Standard granulated, 5.43c: extra fine granu
lated. 3.40c.: powdered. 5.60c; confectioners'
A, 5.30c', roft grades, 4.55S5.15C,
DAIRY PRODUCTS
llUTTEH 'old alowly and showed no Im
portant change. Offerings were fairly liberal.
Quotations: Weaxcrn solid-packed, creamery,
fancy, specials. 2Sc. extras, 2(lc; extra firsts,
c.i firsts, 24J24c; seconds. 2323o.i
nearby prints, fancy, 20c. do., average extras,
27t.28c: do., firsts, 2520c.': do., seconds, 2t
24e.; Jobbing sales of fancy print 33630c
OUB. (Sinewy iino ircau .SKI Mr, ' a""1
roosters, 12Q13:.; spring chickens, according
to quality, lM(17c; ducks, Pekln, old, 134fl4c;
do., Indian Runner, old, 120:13c. ; do., young,
according to alze, 140115c.; plgeona, old, per
pair,. 18020c; do., young, per pair, 17018c
DRESSED. Fine stock was tn fair request
and firm under small supplies. We quote: Fresh,
killed poultry, fowls, 12 to box, dry-picked and
dry-packed, fancy, selected, 10c; weighing 4i,4t
3 lbs. apiece. 18c. ; weighing, 3&4 lba, apiece,
17c; weighing 3 lbs. apiece, 16017c; under
3 lbs. apiece. 1401c; Ice-packed West
ern, 4 lbs. and over apiece, 18c; do., smaller
sties. 15017c, old roosters, dry-picked, 13c:
broiling chickens, Jersey, fancy, 21020c!
other nearby fancy, 22024c; fancy large yet
low. Illinois, welahlne 3 lbs. and over aDlece.
1 20021c. : other Western, weighing 3 lbs. and
f ma, IO. . Wmnv .mI.1.1.1. Hf.?.-! Ih.
apiece, 18010c; do.. Inferior, 10017c: spring
ducks, nearby, 10017c; do.. Western, 10012c;
squabs, white, weighing 11012 lbs. per doi.,
$4.04.75; white, weighing 0010 lbs. per doi.,
$3.130.1.65: white welahlnr 8 lbs. oer dot..
$2.5502.75: do., 7 lbs. per dot.. $2.1002:33;
ao.. tngjott ids. per doz., I1.OO01.7D: dar:
J1.W101.75; small and No. 2, $1.
FRESH FRUITS
Choice stock sold fairly and values generally
ruled steady as follows: Apples, per bbl.
Xlush. $2.7303.50: Oravensteln. $2.2303.50:
Wealthy, $2.2303.50; Summer Hambo. $2,259
3; Smokehouse. $2.2502.73: Duchess, $202.73;
other varieties, $1.6002; peaches, Virginia,
AV'eat Virginia, Western Maryland and Pennsyl
vania, Klbertas, per crate, 7Sc.0$l; do., Vir
ginia. West Vlrgln'a, Western Maryland and
Pennsvlvanta. Klbertas, per basket, 30040c.:
do , Delawaro and Maryland, Klbertas, per
(carrier, SO0(lOc; do. Delaware and Maryland,
Klbertas, per basket, 23033c; do., Jersey,
fancy Klberta, per -bush. basket, 60060c;
do. peaches, Jersey, other kinds, per basket,
20040c: pears. Uartlett, per bbl.. 1204.50;
do., common, per bbl., $1.5002; grapes. North
Carolina, Delawares, p'r 8-basket carrier, 76c
011; do., Delaware, Moore's Early and Con
cord, per carrier, 50003c; do., Delaware,
M norn's Early and Concord, per 4-lb, basket,
800c; lemons, per box, $203; oranges, Florida,
rier box, $400; pineapples, per crate Porto
ttro, $1.2302.50; Florida, L25B2.50; plums,
Virginia, Damson, per 20-lb. basket, 30040c;
do.. New York, per 20-lb. basket, 2O03Oci do.,
New York, per 8-lb. basket Bradahaw and
Niagara, 10015c: blackberries, Delaware.
Maryland and Jersey, per quart, 406c: huckle
berrl's, per quart, 608c; cantaloupes, Mary
land, per standard crate, SO075c; do.. Jersey,
per basket, 25000c. ; watermelons, per car,
$1000250.
VEGETABLES
Offerings were quite liberal, but choice stock
met with fair sale and prices generally were
steadily held. Quotations; White pctatoea,
Jersey, per basket No. 1 Rose, 30?35c; do..
No. 1 other varieties, 25030c; do.. No. 2, 10W
15c aweet potatoes, per bbl. No. 1 Eastern
Shore, $1.250L5O; do., No. 2 and culls, 500
73c; sweet potatoes, Jersey, per basket No.
1, 30035c.: do.. No. 2, 130200.; onions, per
100-lb. bag, $1.2301.60; do., Jersey, per
ousnei uanK-t, tuuivc; musnrooms, per e-io.
reuuut ana nrm umier smau supplies, wo
uuote as follows; Free eases, nearby extras.
sae. per doi.; firsts. $7.5007.80 per standard
case; nearby current receipts, $jl.l)0J 7.2J) per
ca! Western extra firsts. $7.8008.10 per
: n-.,B 7 9ftST7 Art tier case: fancy selected
conrtW eggs were Jobbing at 81033c. per doi.
rilEBSK. The market ruled firm under mod
erate offerings and a. fair demand. Quotations!
New Yoik, full cream, fancy, new, 1615Vic;
Specials, higher: do., do., fair to gooS, new,
14014c,i part klm. ei2c
POULTRY
LIVE. Trad was fair and the market ruled
steady under moderate offerings. Quotations:
Fowti. as to alio and quality. 160tOc;
UUSI1C1 Uo-PI, 4i
basket, SOc.0$L
METAL MARKET
NEW YORK. Sept. 13. The metal market
was unchanged today. Lead offered at 4.70e,
Tin. 33.25eB4.00c
rnorosALs
JJIItCTOIlY OK ACCOUNTANTS
l'ubllo Acceuntaats
N. A. UKROMAN
r?koa Lomb4 9W. ill Walnut .
Stocks and Bonds Sold in Installments
Opportunities for the Investor
With a Reasonable Income
An aasy method to purchase Pennsylvania Railroad stock or any other high
grade dividend-paying stock or bond, on small payments. Is fully explained In our
Uo0 "How to Buy Stocks and Bonds
by the Payment of Monthly Installments"
You can buy a little a on share of stock or on $100 bond, and pay for It
in small monthly payments. You receive all dividend or Interest whll payments
are golnc on. therefor your Investment start to earn money from the tlm you
make ths firtit payment
Booklet sent free on request.
HUGHES & DIER
Bankers and Brokers
Members) Philadelphia Steele Exchange and Chicago Board of Trad
143S Walnut Street, Philadelphia
Direct Private Wires to NEW YORK and PHILADELPHIA STOCK EXCHANGES
CHICAGO noAB,D OF TIIADH. NEW YORK CUIU1 and oth.r imporUpt markets
IlUrARTMBNT OF CITY TRANSIT
V751 Ilourse llulldlng
Philadelphia, Sept, 0. 1015.
Sealed proposals, properly (rdorsed and
addressed to the undersigned at ths office
above mentioned, will bo received until 13
o'clock, noon, on Tuesday, October ID, 101S,
and opened Immediately thereafter, for the
following:
Contract No. Oil Steel superstructure
and appurtenant work lor two-track ele
vated railway tn Front street, from Callow
hill street to south of Olrard avenue, com
prising about 4074 linear feet of structure.
Contract No. 812 Steel superstructure
and appurtenant work for two-track ele
vated railway In Front street and Kensing
ton avenue from south of Olrard avenue to
north of York street, comprtslnr about 7124
linear feet of structure.
Contract No. Bt 3 Steel superstructure
and appurtenant work for two-track !
vatsd railway tn Kensington avenu from
north ot York street to north of Ontario
street, comprising about 7768 linear feet of
structure. ... . .
- Contract No. B14 Steel superstructure
and appurtenant work for two-track U
vated railway In Kensington avenu and
Frankford avenu from north of Ontario
street to south of Unity street, comprising,
about 7038 linear feat ot structure.
,.,.... ....IM.allnn, Anif klatl, . ., f
proposals can be obtained at the offlc above
menwo.iu, uvyw,, u v umm t (certi
fied check) cemr rtquirea ror each 1
inijm nendina return. Certain of ta
contract may t grouped tn slnjtl U4i
Whlcn alternate prvi.usat itiriiia win ,
Didders must be skilled and rTl; ap
gaged in the claw ot work lor fhai QM
ar CU...1.S"".
No bid will be Considered ualM
eanlea ny cenincai rroro ine
ilcllor that tb provisions' of . M
requiring proposal bpnd on all . 1
In, ,n MmAimt flvi hundred ,11 M.I1
approve May zo, )ow, pas
wnn.
To Director reserve
to relict anr or all bid
best tor the Interest of ta ;
P .A. U. TsVtLOtt
, IHreciee.
csrtl-
Mt f
ot tr rtttJ-