1
i
S
rA
'
FINANCIAL
RYE.POJNT ADVANCE
IN COLORADO FUEL
Report That Company Hna Re
ceived New Orders From RUs
fcia Rest of List Irregular
OTBW TOniC Sept H While the
ftadt market starts off with a show of
tresurth today. It was not of Ionic dura
0j, and before the flrat hour was well
Mter war there wa a general reaction.
t selling pressure wns not large and
th recession was probably duo moro to nn
kbeence of demand than anything else,
while on the door It was Bald that there
was tome foreign selling and that quite
a few ttop-losi order were caught.
On the early uplift the war specialties,
M 1 always the case, or has been hero
ot late, were In tho fore, but advances
were not wide, although nnlte numerous.
As they had led on the upswing, so they
Wian led on the downturn. The general
feeling seemed to be a waiting one. theH
foreign situation atlll being tho dominant
factor nnd this appeared to bo the prln
clpal reason for tho check In speculative
buying There wero no Important over
night developments In the diplomatic situ
atton. yet the Street as a whole was of
the feeling that caution was now In order.
It was felt In more quarters than one
that the outlook was much brighter, and
the statement by the German Ambassador
"that he expected the dlfltculty to bo
straightened out within the next two
weeks was encouraging.
Losses on the set-back ranged mostly
around fractions, although there wero
come few Issues, such as Bethlehem Steel,
which wero positively weak. Bothlehem,
for instance, dropped off 10 1, 4 points be
fore the end of the second hour, white
Crucible lost over A point, ss. did Wcst
tnghouse and Etudobaker. Gcnoral Mo
tors moved In the opposite direction from
the other war specialties, and when they
were going down It became strong, showing-
a gain of 4 points around midday.
Trading was light In the afternoon
and the market was Irregular, with a 1
aaaalnff tendency. Bethlehem Steel re
covered from the morning low, but was j
till oft from the flnal of yesterday. The i
company's preferred stock was strong, i
Rumors were reiterated of a big merger j
and an exchange of now securities for ,
mat issue, on a oasis wmcu wuum raano
it worth moro tlinn It could ever bo
worth as n 7 per cent, rioncumulattve
stock. Colorado Fuel and Iron stood out
strong, being up nearly 3 points at ono
time. Irregularity, with light trading,
continued to the end. The most promi
nent Issue was the strength In Colorado
Fuel and Iron, which rose to u level S
points above yesterday's close on reports
that tho company has received new
orders from the Russian Government.
The railroad list was again Inactive,
thera being very littlo demand for this
class of securities. News that the attor
neys for tho Western carriers had Hied a,
petition with the Interstate Commerce
Commission asking that tho eftectlvo date
c-f its recent decision In the advanco rate
esse be postponed for 90 days had been
expected. The decision was to have be
came effective on September 30. Tho re
quest for the postponement of tho effec
tive date was done so as to give tho i all
roads time to picpare exceptions to the
ruling.
The Bis Loan to the Allies
Around midday the Street received the
news that tho huge loan to the Allies,
which has been under discussion, had
been lrtually arranged, although no de
tails could be learned. It was said, how
ever, that the amount would be $1,000,-
OeO.tJOO. This was vm encouraging to the
financial community, as It has been act.
lug. .ns u damper on the market. Later
'In the day It was learned that tho loan
wilt be $MO.OOO,600, and will bo tho Joint
obligation of Great Britain, Fiance and
Itussla. The rute of Intetest will bo 5
per cent,, but tho proposal to permit tho
loan to run for six jcais, which was at
first submitted to the conference, has
been modified, the duration being short
ened. No part of the loan will be Used
to payy for war munitions. The purpopo
of the financing Is to enable tho Allies to
JiHTcAiase American agricultural and other
.'craduct.i. other than munitions of war.
For the purchase of the latter Great
Britain ard Its Allies will pay In gold.
This will necessitate sending to this coun
try perhaps fSOO.000.000 gold, or even more,
but the three nations consider that they
are In a position to do so.
P. It. R. Freight Traffic Hotter
Continued Improvement Is shown in the
movement of loaded freight ears on tho
Pennsylvania Hallroad. At all but ono
of the eight Important Junction points of
the road In the first 11 days of the pres
ent month the number of cars parsing
showed an Increase, as compared with
the corresponding period' of last year.
The total number of tars was 371,033 this
year, against 329,343 last year, an In
crease of 43,534 Cars. The dally average
was 6,667, an Increase of 3042, or 12.!
per cent.
Tennessee Copper Gets Order
An order for a large amount of sul
phuric acid Is understood to have been
closed by th. Tennessee Copper Compsn
, with tho Itusslun Government. Details
f the order are not known.
War Order for Driggs-Seabury
The Driggs-Seabury Ordnance Company
has closed an order with a foreign Gov
ernment for war material. It is learned
from olllcial sources that the order was
.taken at a satisfactory price and will
Keep me compani-a plant running night
nd day for several months.
English Dank Statement Poor
the weekly statement of the Hank of
Engfand was a very poor affair, as com
pared "with tho previous week; There
was a big decrease In the reserve Item,
HMW.OOQ (117.000,000), while the gold
holdings fell oil 3,742,000 (113,710.000).
Both Items aro still considerably above
tho came week of last year, however.
Earnings of Can Good
The American Can Company's earnings
up to August on ordinary business were
slightly ahead of this time last year.
August and September are usually gpod
months, and this year should be ahead
of last year Work on the war orde,r for
approximately 140.000,000 taken by the Can
Company mora than a month ago Is
progressing even better than expected,
BANK CLEAIUNGS
Bank clearings today compared with corn
ejwadlng day Uit two years7
ipMs,i.tB2.sao muos.T&o $27,211,013
" ... -; -r".' -?'"' ,n,zflz
tr Tork...Hi..i iM.ius.iuT sio.7W,7ot
,,,. co.ni,?ru to.suo.Ysq 64,141,784
4,U4ff.U 4t,4M",jaU ?l,tttV
LOW
RATES FOR MONEY
. dull.
.;j,:.
. Time,
?
iuri2
mm
hrf . A. ft. .,,,,(... a.
a
Wl
3
lUDI 4
1 super three to six month- i.hn
;i ret tent.
FOREIGN EXCHANGE .
JMBW TNWtK, Sept. ld.-Ths forelrn exchange
tartust euNd Arm during the moinlug, with
vanwd a .trHte, liter.
P(nnj. Jwmi, aiarKl, .rf.
. 4.KM a Mil u.l IMS
L3X
lUd
f.ON
x
all
Oil Hrk Again Advance!
KKYv" YOHK. ikpt to, Caddo light oil run
txa inlvaiwed 5 cots blirel to 70 cenii.
Sskw sry sdtHtieod w mi la to 0 imu,
rksat ' c-strit tairr! te 11 ettt c CllaU.
wt .-mil s tvl to SO (na
EfTKHlNG
Nm York Stock Sale
Matclet. Illh. tsw. Cle
Ab-ka Oold Ittlnei . 3.1 R2'( 32). 321.
Alllf-ChtmnMrg . . 43M Vl 41J. 42)1
Allte-Chslm Mf Co pf 70W 70' 70 70
Am At Cbpmloal . 0I 01. OIK 611.
AmHtsoir . . . &v av (it Mi
Am Csn . ot'i 0J noi fiOX
AmOanpf .. 100 101'i 10IM 10t
Am far A Fain try m) i 7)' tW'l f.nil
AVfi cotton on ttv m-i m iJ.
Am Express . . 101 10J 102 102
Am IIMo IjUher H'-J H4 8W 8J
Am tilde A Leal pf. . 371. 87U 331. 37M
Am Ice Securities . 23W 23t. SUM 25)f
AmLlnseM 1UH 20 19). 10).
Am Locomotive MH C7JI C0J( 07
Am Malt pf 20 SOU SOU 20'i
Am Fmelt X lief. . . H)H M 80)i bOH
Am Bmclt ft IW pf ..100)1 100)1 IMH 100M
Am Btect Foundtlsj . o'l oV RHi MH
Am Sugar Heflnlng . .10S)i 108). 108 103
AmTflATel .... 123 12IU I23J. 124
Am Tobscro 227 223 220 220
Am Woolen 41 44 41 44
Am Vcolerf pf 01 01 04 01
Anscomla Coppof 7114 71U 70U 71J.
AlchT&SF 101U 101)1 101U 101U
AtchTABFpf 09 09 OS'. 081J
Atlantic Coait Lino. ...lat 10 i 10.1 101
tlsld win Iwo SOU M)U 70 70)4
Bsldnln Locopf 100 100U 100). 100H
ttaltlniore A Ohio . . . mi K1!f b3 8-1
ItPtiilebcm Sleet .'. 310 347 3.15VJ 341
liclhlcipm Sleel pf. ..IBS 109 15IU 100
Duff 11 A rillJ 80 bll SO M)
Ilbtln A Superior . ...G0' CO 69 fiO'J
Cal l'etroloum pf 44 44 43 435f
Canadian l'scUlc 15.11 151 1514 151
Cent lioather II 4IU 43U It
Cent Ualhcr pf 101 10.5U 105U lltS'f
Chesareak ft Ohio... . 4S 48Si 47) 47f
Chlno Copper ....... 44'4 41 43!. 4.1U
Chicago Great Weit... 12) 12 UH 11!
Cld Mil A St IMul. . . 81U SI'. K1U fvt'i
CMltl&I'ao 20U SOU 10U 20U
Colorado Fuel A 1 40U 61 40U 62H
Comsloclc Tunnel .. 15 10 10 10
Consolidated (las . ...127V. 120U 120U 120U
Corn i'roJwcts Itef 17. 13 17U 18
Corn l'ro nof pf KJ 81)4 81 SI).
Crcx Carpet 40 38 38 3S
CruclhloMecl 0IU 01). 02W 02U
Cruclblo Steel pf 100). 100). 100 I0OU
IlflAHudwn 130U 130 139 139
DUtlllfrsSreurltlos 20 2I1U 25U 25J
DomeMlnes 21)4 2.1)4 21U 22H
Du! S S A All pf 8 0 0 0
Electric Star Mattery.. 72)4 72 72 72
Erie 30 30H 29!. 30
Krlelstpf 6Uf 61M 50li 50!.
Erlo2dpf 40 40 30 39
General icicctrio 171 171). 170U 170U
General Motors 257 200 267 20.1
General Motors pf 114 11B1. 114U 115
Goodrich II F ........ 0.1 0MU 02H 03
Great Northern pf . ..118'4 118'i 118. 118U
fit N cfs for ok prop, 41U 41U 41 Wi
(lUgitentclm Eipl'tit .. UIH IJ1U G1H 04)4
llav EI Hy I. A P pr 100)i 100'( 100U 100!f
Illinois Cent. . . 10.1 101 10JU 102U
Int Agricultural 10 19 10 19
Int Agricultural pf... . 38'. 3S' 38W 3S!
Inter Con Corp'n 20)4 20 20)4 20)4
Inter Con Cor pr 74)4 74U 74U 74U
IntllarvNJ 107) 107 100 106
Intcr-Mct rot t c SOU 20U 20 20
International Paper.... 10U 10 10 10U
Intfrnat Paper pf ..... 39)4 39 38 39
Inspiration Copper..... 3JJ. 34U 31)1 34!f
Kan City Soiitiicrn.... 20 20U 20 20
Kanaj City So pf .. . 69H 59 59 59
Lack Steel 09. 09U 07U 0S)
Lehigh Valley 14.1li 141 142U 144
Ixiuls A NastrfUla 118)4 118 118 118
Msx Motor? 1st pf.... 87 87U 87U 87!f
Mexican Petroleum 85), 85U 81 S-IH
Mo Kin A Texas 0Jf 0U 0U 0)4
Mo Kan & Texas pf.. . 14!. 15 14)4 14)4
Miami Copper 27)1 27H 27U 27,'$
Minn & St Louis 0 11 10 11
M St PASHM Pf..l27)4 127 127 127
Missouri 1'dcl.ie :0 M m 3U
Montana Poncr....... 57'f 67U .r)7U 67M
Nat Cloak A Suit 81M 82 82 82
Nat L'n.mel & 3 2.i) '2'i 2J 20U
Nat Lead G3U 03U 03U 0.1)4
Nevjla Con Cop MU 14'4 14)4 14)4
New Vork Air llrako.. 110)4 145)4 141)4 144)i
N Y N 11 A II go; 07 00)4 00H
New Yort Central .... OJlj 02H 01!f 92
KYOSW 20)4 27 27 27
N Y Chi A8t L 33 30U 30U 30!f
Norf & Western 100)i 1()94 I00)f 109),
North American 71U 73H 72 73)4
Nortnern raciac 107 107H 107U 1071i
Pacific Mall.., 30). 30 30 30
Ivnn it It.. ..v. ll)9l 109)f 108U 109
Peoples Gas Chl II OH 11714 117. 117H
Philadelphia Co bS b7Jf 87 87)1
PitlsliurBh Coil XiH . 33 33
PitUhurs Coal pf 100)4 101 101 101
Preyed btool Car 01U 01)4 C0'4 00!i
tlulcktlhvr 3 2)4 2.U 254
HybteolSp'B ,.. 39 39 38U 3SH
Hay con Copper ,22)4 22 21H 2Uf
Heading , 149)4 149)4 148U 149
Hep Iron A Ktoal 43 43H -12!4 43)4
Hi'p Iron A Steel pf. ..101). W);4 09J4 09)4
KumelyM. Co 3!f 3JJ 3f 3)4
HumclyM. Copf.... . 7H 7)4 7 7
ItutlandRIlpf 22 22 22
Sear ftoo A Co pf..,.124!f 124U 121U 124U
t'lovs-SUcf S . I Co... 62)( 5.1 61 51
Southern Pacific bbj, SoJi S854 88)4
Southern Ily 15)i 16U 15)4 15)1
Standard Milling 02 05 04 05
Standard Milling pf.... 73U 70)4 70H 70)4
siuaeDaKer i uou 1 17S 115)4 117)4
'Unn Copper,.. 6554 C54 61H 55
Texas Co 165 135 135 155
Third Ayenue 68'f 58U 68 68U
Union Hag A Paper.,. 7 7 OH 0-4
Lnion Pacific 129)4 129)4 128)4 129
USIndAlconoi at 851(8:114 81
U S Itubber 51 52 50)4 51!4
U S Itubber 1st pf.... 101)4 101'4 101U 101H
USSteel 74J4 73)4 74U 7414
US Steel pf 1U4 113)4 U U3!4
United CluarMfrs .... 50U 50.U 60 69
USKipresj.. . ...... 08 05)4 034 0.514
'Utah Copper 07 08 054 0514
Va-CaroChem. 37U 37J4 37i4 37J4
Va-I ran Coal C 6SU 00 69 69
West i. AM 110H 117U 115U 115U
Westlnghousa 1st pf. .,135 131)4 134H 131)4
Western Union Tel.... 70H 70Ji 704 70J4
Western Maryland 28 28)4 28 28
Willys Overland ..180U lbO 183 leO
Woolsorth F W Co.. .105)4 100 105H 105W
Ccr.ii per shars.
Quoted ex dividend.
Total tales, 407,000 shares, compared with
r,2il,'.,ui .hurt, jeuterday; thus far tlile week.
l,7UN,tm ehaiesi earns period l.i.t week, 1.4H..
IKK) sliaree,
LONDON STOCK MARKET
Business in American Section Quiet
and Professional
LOKDO.V, Sept. 16.-Whllo trading on
the Stock Exchango was brisk today, the
tone generally was steady. The war loans
wero harder, notwithstanding premier
Asquith's statement that tho cost of the
war was Increasing.
Iluslneks In Americans' was quiet and
professional, tho list turning firmer later
In the day on advices from New York,
Canadian Pacific Was dull, while the
Grand Trunks were mixed, with the feel
ing In regard to the shares more cheerful,
Home rails, while slow, held well. South
American rails were steady, but dealings
wore on a small scale. Foreigners were
Idle, pending developments at the Paris
settlement.
Londen N, Y.
Sfcl5 E.8M!V
Atchison ... .
naltlinore A Ohio
(anaHan I'aclAa
$$ rSH
....
.'4! -
uneeapeaKe uiuo
Chicago Great Western 12
UhlcafO UN t til t'aut.
81
Denver ft. itlo Grande
o
so
M
I'll
111
DO
'ST
108
-
r;rie
da let tirtf
:: r;
..lf!
-JW
llllnoli Ctntrst
tjiulavlliD a. Ni.hvllle
Mliwurl Ksnuai. A Texae
Sew York Central
Knrfolk & Weetern
4-
va
llrt
2
New Tork Ouurlo &
t'cnneylvanl
IKaJtng
Sv.uihu-n TUIIwey ..
omhein l'aelno ....
t'nloD Pacific .......
Western tS
3
nt
.i
H&
I Ms -
7JS -1
..,..., U4U
U Bteel ...... ,,.,. 7U'S
lnct,e, Decrease) .
CQTTQN
NEW YORK, Seut, l(C-Under considerable
SSllInc masuia, the ration market opened
etuler trls mernlnc. wjth the active nonthe
don tl to W rolnti, rld August it point, ort
Cum last nljbVi elose. About the oVui uD
,pnrt, aside from that ilvea hy the.' irtdinsr
lenient, rare from Waif itreet. PrUea fiiilSa
elUbtly liter, buj did not hold. anVtlt cloS.
found h lereli 14 to SS iwlnti below iant
jiiim. qw i-Tpuen, Delnr un la
points.
Vts. cJom. Open. High. Ijw cieie.
January
Decern Ur
Oftouer
-"ifSS H1Z JS-W " "
.. --. ..,. .&.U. 1U.WI 11.1MI
o.s lo:73 iomi fane
0.TO
si area
l;.6f u.m ilm 11,1. ii.ta
my
July
V .. 11.6 tt.St tUM 1L
uhr .. .,. ,12M AA U.00 lt
BJK . iu.p VSW t.. .m
ll.TO ll.W ll.JT
11.H il.t
LEDGER-PHILADELPHIA, THURSDAY, SBl'THMBEIV- 16,
CRAMP AND CAMBRIA
LEAD LOCAL LIST
Steel Active Feature Read
ing's Poor Year Discussion
of Allied Bond Sale
A new high record was established In
Cramp Shipbuilding share on tho local
exchange during tho last -hour of trad
ing this afternoon, when the stock was
rushed dp over 1 points, crossing 8, tho
last previous high level. Throughout
most of the session Cramp was neglected,
falling entirely to continue yesterdsty's
upward flight, but around I o'clock buy
ing orders began to appear nnd tho stock
beenmo buoyant. Meantime, Cambria
Steel nlso was In good demand and ad
vanced a substantial fraction. United
Btntos Steel was nctlve. but Irregular,
following Its' Wall street fluctuations.
The local tractions continued to attract
n certain amount of attention by reason
of their llrmneM In face of tho uncer
tainty else here. Tonopah Uclmont was
not affected by the August report, which
showed net earnings of $6S,S25 for tho
month. Tho usual dividends wero de
clared on Philadelphia Company common
nnd cumulative preferred shares.
Heading was slightly depressed, al
though In the annual report President
Rtoteslnlry regards as beneficial the re
cent doclslon of tho Kedoral Circuit Court
In tho suit for tho dissolution of the
company under tho anti-trust law. Ho
says that tho declRlon holds squarely that
the plan of reorganisation ndopted In 1004
wns nn honest attempt to copo with a
perplexing sltuntlon and to savo an ex
ceedingly valuable property. Points of
difference outstanding, he adds, can bo
ttndlly adjttstrd.
Nearly nil tho decrease shown by the
railway company for tho last year was
offset by cutting expenses, Hiid tho cor
puiato net Income was only $33,000 under
tho pervious car. Tho great depression
In tho conl business did not prevent the
maintenance of tho mines In perfect re
pair. Tho Pending Company as a whole
showed lees than 0 per cent, earned on
tho common stock, against about 12 per
cent, last year.
Gossip among tho Philadelphia broker
ago houses today chiefly centred nround
tho proposed Allied loan. Thero wns a
tendency In some quarters to predict that
If a bond Issue without collateral was de
cided upon tho rate of Inteiest would have
to be pbovo 5 per cent or the maturity
short. It was pointed out that tho 30,000,
000 Trench loan had fallen recently to
practically a 7 per cent, basis and
had been offered nt that figure.
Uvcn though Ilrltlsh credit were
added. It was averred thnt the more fact
that tho enemy now occupies French soil
nnd not that of England by no means
Is nssuianco thnt tho latter might not
bo Invaded as well. Ncverthlcss, since
tho negntlatiftns have been In progress
the French 5 per cent, notes have shown
a tendency to Improve. Last Monday
they were quoted 979i at 98'i. anil since
them havo moved up to 9SUj at 38)i.
It Is worthy of note that tho German loan
recently placed here has gradually been
rising, until it Is now quoted around 90.
It was stated In well-informed quarters
however, that this had been receiving
Government support and that It was easy
to hold It up, owing to Its small size, oiils
$10,000,000, and tho fact that It matures In
Innunrv and will In all probability be
paid oft. Tho street learned today that
the allied loan had been practically ar
ranged, but details wero still lacking.
DROP IN ENGLISH RESERVES
Bank of England Shows Decrease of
3,466,000
LONDON, Sept. 16. A decrenso of
JLJUob.COO In icservcs Is shown In tho
weekly stntement of tho Hank of Eng
land, liulilon holdings also fell off. De
tails follow:
Thli neek. Ijtet neelc.
Circulation .11,.M.1,000
rubllc deposits llM,,l7i,rKjo
Piivate (iFPOnlts .. . 110,1(11,000
Gocrnment securities :it, 418,000
other securities m.oil.mo
Iteef-rve &0,G72,O00
Proportion of reeervo
to ltab 21.03
liulilon 63,77,000
Hank rate r
11,711, "CO
i:ri,iS7,ooo
8.1,11 12.000
:i4,4is.ooo
143,1.10,000
54, US, 01 M
S3 11!
87,470,000
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
flld Aeked
Jim Butler 82 ,SI
Midway , 10 ,12
Mltpah llxtenelon 20 ,21
Montana 2S r.2
Northern Btar 10 .12
Tonopali llelmont a?. jt.
Tonopah lJxtenilon ...as 2 7.1(1
Tono.'ah Merser 3 37
Tonopah Mining 51,. g
HeaCue i;uia no 07
West End ..., 53 ,bo
COLDFICI.D STOCKS,
Atlsnta 1 .10 p,"
njue null .02 ,'oT
Uooth ,..,.. ........ .......,, . ,47 '40
Bullcioj ,.. ,01 .us
O D ,. ,tt 'os
dornhlnatton Fraction 07
Dlimondfleld 11 II (i-j 'n,
PHiy 04 'oa
Floroneo .. 45 jj
Uoldrield Consolidated ......1..10 1 li
HoldnrK Merser 20 .,
Jumbo nxtcnelon .L44 i'vi
Kenams 43 47
Oro 07 ,os
Sandstorm Ken ., ,13 ;,.
SlUer rick 07 08
MISCELLANEOUS.
Falrv Aslea , 01 03
Klmberly ,, ot 'ns
Nevada Hilt " hs '"a
NcacU Wonder , 1,40 45
NEW YORK CURB
... Hid. Asked.
Aiuilivail .)IIB stssilsitiMtit Olid li
''"" Vl IIIIKIK MIIMI P'l
Ur.Uih.Amer.can Tobacco old,...,, ITU
UrJUah-Amcricmi Tobacco new.,,., i
cur Light , hi
(Ireene I'lnsnea ,.,
KcriiVt Copper ,.,
I.ehUh Valley Coal Sales,...
Mukiui Copper ,
Niptulng ,
Utla Klevator ,,,,
Otla l-MoMlor prcf
Hiker. Ilcseimn
tiuomarlne f...i
hterllns Oum ,.,, ,
'iolMi-co Products
Untied Clgir Ftorea
United Cigar Stores pref,..,,
United 1'runt new
World Film
Yukon (Jmd
I'.x OUIdcnd.
New Commercial Paper Rates
"WABIUNOTON, Sept. 10.-A rite of 3 per
cent, for W-day commodity paper, liicludini
cotton receipt!, todoy win flicd by the Fed"
eral lliere Hoard for the Federal Itiierve
Hank oj ltlcbmond. Three and one-hair per
.nt. on trade acceptances for to diyi and 4
per cent for P0 diys also Vers nxed.
Tne St. J-f.uls lleiervu JUnk wai authorised
to handli uO'day commercial piper at 4 Per
y nt. and trade acceptani.es ot DO days at Jli
'"'rhe Minneapolis bank will handle 60 10 DO
day coromercUl paper at 4V, per cent.
NEW YORK BUTTER AND EGGS
NBW YORK. Sept. 16.-BUTTE!l.-Markt
easy, receipts. 10,485 packiseii extra, v-l'ie.i
hlaher icorlns, Wie. .State dairy, io
Irnltaiion cresmery, fcJViOZSc ' '
l!OOS, Market Arm) receipts, 12,120 pack.
EM- extra ttrm, 28Hc. flnta. SUSHUtje , ?Tea
by whltei. 8S31c.i mixed color, .Uij31c.i ie.
frlserator firsts, 218250. j nearby browns, 83a
83c. ,
DIVIDENDS DECLARED
Hloal.HUtflleM Steel and Iron Companv
ouirlVrly lV, m cent, on preferred; piribT.
3 ?rorctVb.rui?'iSi'B? '-tpvbMr
Vatuuro Oil Uomjwqy, regular scmlinnuil
t per cent., payabl. October 80 to .lock ,r
?iid October 14 c "
Kldss Avsnui Pasjengir RHIsray Compuiy,
r)".".?u"u'",:i,.t; ",' t"?er 1 a
Beptember. 13. .Uooki clou
aa
amber ltriopen October 2
Sep-
'r.llaoPnl wifi regular semiannual a
,wr cenu oa cumuUtlva preferred, paysbls
November 1 as registered October 1. Alio 'it,'
ular quarterly 1 per cnt on common. 75.
Pr-tlaO'lP111"
.'5.I?Snrf.'ui'"mlsnnua
t,y,l Kovemper i as registered October; l"
Hegal Blwe Cempany, rsgulsr quarterly in
per Knt oa prefwred, pivabU October l to
Sock of record fkpterabir W.
sjiandard ,.tlvr LmI Company, rasutar
13
8H
1'A !..
.... 87 SU"
.... B114 MVs
.,..135 18.1
V ir 1S,4
.... 71 74
.... 01 1)4
.... 4-i 4(1)1
.... 2i 2?J
.... W) (j)
.... 1.1.1 100
....no ih
.... 2 2',,
.... K :iK
.... 2 s
New Tork Bond Sale
1
lllih. Low. Clfii.
I?000 Adams Excreas 4s. . 75
5000 Amer Air fts., 100
3000 Amer Tel elt 4s 87H
2.MXO Amer Tel cvt 4Uj ..10JW
l.iooo Armour Co 4t4i . . . on,
101K1 Atchison adj 4a So'
awe Atehlwn cv 4s IMS. . ooS
3V0O At.hlaon iv 4l 1000 10l
120OI Atlon Co Line 1st 4s.. M'
,TlO Illlt A Ohio ,1H . 00
31000 Unit A Ohio 4i M'i
2i4X) Italt uhlo ev 4 Hi . s(li
1000 llilt & O dwn .tin ST
10"O ltetli Steel lit til KM
17000 lieih N.eel rrd 5e . ...100
vs
11 iu jirookn nap -ir ns... us
intiv itrooKii ltip ir s
5000 lirn.k tn tlv lit
..1W
5i..,ioi;i
f.l.. 0s
s.... 87
1(10
1000 liroaii Un un lit
11HO Duals Term sen 4..,, 87
low emails sutn oa......ij
3000 Cent Leither lit Si... W W
toono Cent l'ao 1st 4 834 B5
IWm Chill Copper T 1UU 113
3H
JKSO Chen f uh cv 4V..,. T.lS
T3(,
looco cues Jnio ... sa
loon CM & Alton .1t . ... 41
illHJ I hi A UlSt 111 4s. . . 1(K
4'0(V C'lll A .Nn Ren 4s., It24
130(41 Chl It & q Joint 4s. nun
110(0 chl HAW aen 4s .. 8V
2000 Chl 11 . g Til UHl.. . M
.VMI Ohi M A Ht I CV 4M.S 0.l((
noon CM M A Ft 1 aen 4!ji 0
11 Pun tin cv 111. . .UBS
Mil
41
IS
Moisi 1 . Hud rrd 4..., iki(4
1000 utn mo ur si.,
tKKi Dla Seeur Corp 6i.
loom I)u 1'ont Powd 4i,s
P7il ttle conv 4 Ser A
moo Krle conv 4i Ser U
21000 Krlo prior 4
1IIK11 urn 1 lc (lib 5b,
. 0SI
. H4
.tww
. 04
. 70
, WW"
101
.l,r. 11UU ..l.ll 111 ,a. ...... ".
OOV) I'l Stetl deb 4ii. .... SO!
Z(l!l
KKd lndinnn nttei r,s ici
S.XK) Iowa Central rcf 41. . 42H
510"0 111 Centiai rfd 4 M ,
21KO Interli Met 4Hi 00'4
4oii Intcrb It T ret f.s ... WOJi
101O0i Inter Mer Mar 4H". . 7
21KO lnternl Paper cv ts... dill
.KIOO do On . ......... W
.".000 Jnp new Cler sta 4Vt. "n
10(10 Kan Cltv Bo 1st Si.... 7
0(1 ;,
07
84
100H
ut
(1014
102
80
IS14
r.2
72
JJ
111
IMU
ion,
07
101H
87
04
II)
03
101
PO
102
mi'i
sou
KilH,
111
Hit)
OIi
87
81IH
r.atj,
iioj5
07'I
100'
St,(4
102lj
11.1
. 014
1141?
0114.
4KSXI 1-acka steel 3s 1PI. . S4H
HK.O Laclede Ull 1st 3s
,I(iOH KWH
3ixi Lk Kh deb in 102i.
.VXJO do deb 4s 10.11,.
MOO Lie A M T 3s..,..
1iksi IjiuIi A Nash 4s...
1000 Minn Si (it L 4...
ikxsi Mo Knti & T 4i. .
ii
iron do 2.1 4s JJ.
2OO0 do 0s 72J4 J2M
root do col 3s tnt7 7Mi 7i
soon Mont I'nnrr ,1s Ot 0O'
tOOOO Nnt Tube lis 0t4 VU
20(11 N Y Air drake cvt (la. lot U 10li
20O0 N Y C-M C col 3Hi. (17 07
101100 N Y C A H ret fll,...104 104
.1000 do 4H 8T 87
1000 N Y lty 4s 1115(1 PI P4
Minn to 4 lim7 in m
r.ono do 4 mm oj o
I0OO do 4ll 100.1 101 1011
WOO tn 4(s 1101 fl 111
1000 do 411 IIKH P2 102
IKOO do 414s Nov
IOO11O dn 3s
4000 N Y N II A II OS...
7oOO N Y Rwy let 4s. .
40(4) N Y Tel aen 4W...
4000 Norf A Weet 4s....
Uooo Nor I'ne prior 4s...
BOrtlO do sen 3s
.100(1 Pacific Tel Ss
1(0 I'enna Is IMS
7000 do aen ct 4i ti. .
.1000 People's Gas 3s.. ..
lcoo l'uuuc wrv w j oa... ni"j
0000 dn cv ii 1024
4000 flay Con op s 115
150PO Heading aen 4s 01i
4000 Itep Ir A ft 3s 04'?
looo rtlo Or A W clt 4s ni
10M10 nock Island 4s 7m
1000 do rfd Is (11'4
11000 do .1 4im
0(00 Seaboard A I. rfd 4s... rt
100OO South Pac ev 4s 8014
f.vm do e ret f p 8s 1M4 1111
41000 flouth Pac rfd 4 8Mi
.1000 Booth Itwy con 5s . . n7
12000 Thlnl Ae ref 4 7S
10(1000 Tlilrd Ao adt 3s 7K
2( .(KV I' s liuhher Ca IH2T4
,1KX) V S Slml As 102
7000 Union Pac 1st 4s 02H
10(i0 Va I C C 1st 3i 04
r.OOO WnlJlch 4i 70
.loon Wnbash 1st 3a 100
SOOOd W'ah F.ipi ct sta 4s. . 14f,
7000 Wnb-I' Ter 1st ct 4s. '
moo West Klc-trle cv Ss ..1014
liono IVest Md 1st 4s.. . . 70
linono W i: A M cv Rs w l.ltnu
1.100 Went Shore res; 4i.... SOU
41U5
P
100
1.1V
'?0,
11. US
sou
Total sales. J2.2.10.000. compared with 2,.
.100.000 sesterdsy; thus fsr this week, J0.472,
000; eame period last week, $8,101,000.
Sales in Philadelphia
Yes. close. HUh. Low,
10 Allli Chalm ..
100 Anaconda Mln.
210, Am Ilwyi ....
20 do pfd. ....:..
30 Amer Loco
120 Bald Loco ...
10 do pfd
813S Cam Steel . . .
100 Oil K I P
1.. Con Trac N J..
420 Kloc Btor
200 Erie
150 Ins Co N A...
.120 Lake Sup Corp
.1(1 Lehigh Nav ...
2 Irfhlgh Val ...
41 Lehigh Val Tr
100 do pfd
4 Mlnchlll
2(1 North Cent .
TOO enna It It.,
100 1'hlla Co ....
loo do cum pref,
202 I'hIU Deo ...,
.1.KI 1'hlt n T t c. 101
I0(K1 Hay Com
lu'l Heading 74
15 Too i;.'!mont... 4
110 Ton Mining ... B
.18 Union Trac... 8(111
210 IT Q I 85lf
57M! V 9 Steel . . . . 73
B Wcitmore Coal 04?;
1080 Crsmp A Sons. . 88
Ex-dlvldend.
Total sales, 21,810 sharei, compared with
20,327 sharei yesterday; thua far this week,
02,143 shares; last week, 83,372,
BONDS.
Last prev.sale. High, Low. Close
.ISA Am On. Jb T.1 Kb fill fill DA flit
74 Cam St scp '10.100V1
80 do Feb inn... 00
117 do May 1017.. W'i
knju i;uy ss luta
1000 L V Coal CS....10.1U
Cs....l03
4l 07
4s.,102
cp '10.100
22000 Penna gen
0000 retina con
28 riilla Co ecn
2ft do 1018 08
2000 rhlla Kloc 4s.., 78Vi
200 do 6s 102
1000 ftdg est 4s '87,. ..
2000 Span-Am I Oa.. ..
Total tales, $37,870, compared with 131,014
eiterday; thus far this week, 1121, 0S9; last
week, $102,111).
Local Bid and Asked
Today Yesterday
I)IJ. Asked. Bid. Aiked.
Buff A Busq t r...
do pref
Baldwin
du pief
Cambria, Steel ....
Electric Storage ..
Uer.eral Asphalt ..
do pref
Keystone Telephone
do t c ,,,
do prof
Lake Sup Corp....
l.ehlsli Nav
Lehigh, Valley ....
Lehigh Valley Tr..
do pre!
I'ennaylianla .....
Phlla Electric ...
l'hlla Co 41
dn A ner cent. tof.... 38
do a per cent, pf.,., 41U
1'lilla 11 T. jui
do t C.......I....... 10
Beading 71'
Tonopah Belmont a1
Tonopah Mining .,,.,, 6'
Union Traction ,. 88'
Unttod On Improv..,. 84'
U B Steel 74!
York ltlllway 7
do pref 81
Wm Cramp t e 68
Dank of France Statement
1AH 18, Sept. 18. Thi following ars the
principal Items In statement of the Bank ol
France for week ended September 18;
(Francs) (I'ranci)
Sent. 16. H.nt u
Oold . . . . .
Sliver ...
Circulation
4'i2!,S?5KS) i.877;4oo,ooii
. 864,800,000 864.J0O0OO
,1S.H17.000,000 18,843 000000
ljeiuuilta
Bills discounted and
extended bills .
Treaiury deposits. .
Advances ,..,..,..
f,i.,uu,vw a.l,IW,(XX)
2,283,700,000
7B.800.0UO
882,100,000
3.288, 800,000
67,200.000
t&j,soo,owi
Big Inquiry fer BHIeU
plTTanUItOIl, Sept. 1B.-Ttn latest tr.n
,n the blllit mirkit U tit app.. "nc, 'pi
constderabli Inaulry for Bewemir blllsts. f0
Jh, early stasei of thi tl scarcity f ill the
ISquW wai for-epm-hearth ilssl. but as thi!
la, become almoH unobtilmbli, thi tnoiJiryii
Ktngln to Ussiemer, Oonsuwirs who tw
eeki aso tnslstsd positively tkay could no.
Jao'llesiimer an nowl Inqulilng fr sfiSiJ '
u yailo open-hearth btuit, ire J& to
vmrnfilAva. and abant si . a-t..-l,j If.
irri PittkhSh'h.. .r. - "" (
,,..r-. - --r-.--. ,-- , r hi re
reSTUtar
cut ltesiemsr are belug mid it 1
towp. T
QIMUtloni
i oungs.
UWTXh MARKET
wliE5Si Jt 9-?i-. art
tilt ML,attsil MaHB j.1 "fI - - SsPl( iPeJ
.
, Close,
, 41?i 42 42 42
, 72 70 70 70
24U 24 24 24
, 07i4 ' 07 117
57 r.T 57$
,. SOU SO 711 V, j0
.100 ind Ion I60
, C2U 0.1 02 (12
. . . 20 20 20
, 70 70 70 70
, 72 71 72 7.1
, 80 .10 .10 .10
.2.1 28 2.1
, 10 10 10 10
, 75 73 75 7514
,71 72 71 72
, 17 17 17 17
, 34 33 .1.1 .13
, 5.-.S, 53 55 53
, 82 8'1 8.1 M
5t" Mli UK M'l.
, 44 44 44 44
41 41 41 43
21 2.1 24 23
W 104 10 10
22 22 22
74 74W 74
3 Vl 3
5 Bi,, 3
30J 86 30
83 83 S3
7B 74 71
04 C4 64
80 80 83
100 100 100
03 00 00
00 01 00
101 101 101
103 108 103
07 07 07
102 102 102
100 100 100
08 118 . 08
78 78 78
101 lOltf 101
OIK 01 01
101 101 1014
Wii 40 .111 4oK
.TO .. 7lij KoS
Ipa .. 100 io(i
02 fljti 1121J ml!
72V. 7.t 71 72
.12 .13 .12 81
Ul 70 00 70
i8 . ii sh
74 7.1 732 78
72 72W 71 71K
17 17 17 17
34 83 .-lit; IlJiJ
54 81 B1$J 841',.
24 23 alt! is"
4 in 1Z 1:1
K 4l 41T Jl
,. 40 38 40
14 44 4IH 4
10 io 10S
r ' 74 7t
aJ? ,34 '3
B 8 V
37 SOW S(J
li 83 SM 83
82 .1 ,1
89 84 83
'itslslsBsWsfci -i n iliriliiairiiM inf TiTirsMrttirr"3' " ---- ---- , -ttrn r- -
WHEATPRICESIMHER
STOCKS ARE PILING UP
Big Foreign Orders Expected
When Allied Loan Is
Adjusted
CHICAGO. Sept. iS.-Prlces were vir
tually unchanKed at today's Pn'n" .?'
tho grain market when compared with
the closlnit quotation ast "
sentiment contlned bearish, but pressure
relaxed. An advance was recorded fol
lowing: the opening, with the undertone
firm. Traders In some quarters advise
no selim on the breaks. Business was
far from brisk In tho early hours. Ituy
ers were scarce. Shorts have apparently
been tmllsflcd. .
Adjustment of tho loan to the Allies is
expected to bring on big foreign orders In
time to hold back the loss which" seems
due to come with better arrivals from
the country. It Is said that 1.500,000 bush
els of spring wheat havo been booked for
local delivery for nillnsr Beptember orders.
Enormous stocks are now piling up.
It Is reported that at present they nmount
to 1,293,000,000 bushels, a gain of 210,
000,000 over last year.
All three grnlns wheat, corn and oats
displayed firmness In the morning
hours, despite tho surrounding adverse
conditions. Fnvorablo weather In the
grain belt Is said to bo greatly enhanc
ing the crops.
The market became strong later In the
day and the closing found prices well
nbovo yesterday's finals.
The market became strong later In tho
day and the closing found prices well
above yesterday's finals. .,, ,.
Kxport sales totaled only 600,000 bush
els, chiefly Manitoba. Chicago cash han
dlers sold for seaboard delivery 60,000
bushela of wheat nnd 00,000 bushels ot
oats.
Following n weakness due to the ad
verse American cables the Liverpool
market strengthened because of tho light
offerings. Spot grew firm.
Cargoes are reported well supported.
The demand of millers continues un
abated. Argentine Is hampered by poor weather
nnd shipping facilities. The visible tiup
ply reported for tho week tdtdls 800.000
bushels of wheat,, against 13S,000 bushels
last week nnd 241,000 bushels In tho same
period of lost year. Corn In sight omouhts
to 6,375,000,000 bushels, against 5,628,003,000
bushels last week nnd 2,W0,O0O,O0O bushels
Inst year.
Leading future! ranged ss follows-.
ini i B
IVhrnt Open. High.
Feptcmber .. 1 00 1.03
Iwcembcr .. 04 0(1
May 07i 00
Low.
Clnio.
eloie.
011
01
07
101
00
oo'i
1.00
04
07
71
57
158
3(1
no
38
i-orn (new aenvtrjj
September
71
71
5(1
37
.10
33
38
72
157
158
37
MOW
38
nccemuer
J1
Oati
September
December
May
Lard
September
October . .
.Tannery ..
rtlbt
Soptember October
January . .
l'orlc
September
October . .
3'i
58
r.7
58
80
.1714
1"H
38 881
8 02
S02
t8.00
18 00
48 01
8.42
12.47
12 55
8.17
817
18.73
8.12
8 22
8.53
12.03
12.12
15.27
8.11
8.70
8.02
8 07
8 50
8 15
8.70
8.02
8.10
8 50
12.00
8.02
8.C0
800
8 0.1
8.40
12.47
.12.00
12.0.1
1Z.4T
Janunry
.1.1.13
13.15 14.07 "15.00
llld. tAsked.
Financial Briefs
The hearing of tho Public Service Com
mission on tho ngreement between the
Keystone Telephone Company and tho
Philadelphia Klectric Company has been
postponed until Thursday, September 23,
at 10 a. m.
Tho New York Cotton Exchange seat
belonging to the estate of L. Mandclbaum
has been sold to G. II. Miller for 13,000,
an advanced of iTM ovor last sale.
Carstalrs & Brown were buyera of
Crarlip Shipbuilding shares. C. 'A. Hagcn
was jctlve In Cambria Steel.
II. E. Schuelcr has been elected cashier
of the Northern National Bank and
Charles Ceding, Jr., assistant cashier,
Henry Ford authorizes denial of tho ru
mor thnt he has been or la negotiating
to purchase nn interest In the B. F. Good
rich Company.
The Land Title and Trust Company has
Increased Its surplus fund from $4,000,000
to $4,600,000.
One of the Important matters to bo
brought before the National Association
of Mining Brokers) when It convenes In
San Francisco September 21 and 22 will be
the establishment of a sort of mining
Bradstrcet's. This applies to the mines
and not to the financial standing ot the
Individual brokers.
War risk rates of Insurance on ship
ments In neutral bottoms to Mediter
ranean ports, not Including East Sicily,
have doubled within the last week, ac
cording to the underwriters. It was said
that Increased activity of German sub
marines was the causo of the Increased
rate,
The New Tork banks gained from the
Subtreasury yesterday $464,000, and $6,
705,000 since last Friday,
J. Wallace Hallowell has been elected
a director of the Real Estate Trust Com
pany, to succeed August B. Loeb, de
ceased. Speaking at the convention of Edison
companies, Frank A. Vanderllp, presi
dent of the National City Bank ot New
York, said In part: "You are facing a
period when the demands upon capital
aro going to be very great, and tho rates
aro going to averago higher than we
have been used to. In addition to the
requirements of foreign governments tho
railroads arid Industrials which have
been pursuing a policy of retrenchment
will have Importunate demands for capi
tal. Certain Industries, notably those en
gaged in the production of munitions ot
war, are crowing rapidly, and the Im
provement of their credit is placing theni
In a position to demand capital In largo
amounts. Do not let low rates for bank
loans lead you Into any belief that the
destruction of capital In Europe will not
have Its effect upon the price of Invest
ment capital In America."
SHORT TERM NOTES
Ilati D.e.
Due. Hid. Ask,
Am Cotton Oil ... A
Am Loco 8
Am Tel & Tel aub fi
Anaconda Cop Co a
Argett Oovt 0
Argen Oovt ..... 0
Argen Oovt .... 0
Argen Oovt ..... a
Halt A Ohio ,i.. 4
Halt & Ohio .. 4
Ilrook Hip Trsn. . ft
Can Pac Rwy ,.,8
O & o nwy ,..,s
Chl Kiev Itwyi,,. E
Erie Hallroad .. . B
Kris Hallroad , ... n
Kile Railroad .... 6
Oovt of Swltj,,.. 6
Oovt of 8 wits,.., fi
Oqvt of Bwlts., . fi
lnternl Ilirv Co. 6
Lacka Steel Co .. 6
L. S & M 8 Rwr, B
NYt)HIH 5
New York City. . . 0
New York Cltr. , 6
N Y N II ft, Jl. 8
Penna R It conv. . .1
Pub Serv Corp N 0
SAL Ry ; ... fi
Southern nwy ... 6
Southern Rwy ,.. B
U B Smelt R H Ce ft
Union Tpyiwrttir. fi
Hutted Krult . .,. a
I'nlted Fruit vml
Utah Co ,, ,. t)
nav. mil vjt,4
July loia loot
Apr. 11)10 ioo
iar, 1017 101
IXC. 1UI5
Dec. 1010
Dec. 11)17
May 1020
June 1017
June 1018
Jul iuih inn
liar. 1024 101
June 1010 04
July 1D10 02
Aprl 1016 100 lOOli
Oct. 1015 100 10((U
Pr. 1U17 D1H
Mar. 1010 BUV
Mir, 1018 bsV
Mar. 1020 anil
Keb. 1018 ioo
mar. inn is
Dee. 11)16 loot!
Oct, WIS 100
Sept. 1018 102M
Bept, 1017 lost
May 1W8 IoO(J
Oct. WIS 100
Mir. ui a looti
Mar, 1018 looU
i'eo, hijh joou
May 1017 08t
Jum lull os
Jan. 11)18 ,1)4
iy iuit ion,
May 1018 fiau
April JJHT loei
.-
GOVERNMENT BONDS
2s of 1080 neutered
Bid, Asked
v
X9 oi lew cou
rapaioa ut
Pinama 3i
rraliterid .,...,,..,,,,. pfl
1 " !2 .....,,'. p
Panama new 8 reglittred
L. I ;J:'", tim..
roiii iiiw ev vouiqd
s S mm ir niiuii.i..iii
lPQ'A
i lOHi
101
101
100 101
100 1(10
100 110
08 OSjI
BOX 00
UHV. fiKU.
100
01
!L11
i 100
100
07
, 100
J00
iowJ
iom
10412
100
loot?
I 100
100
828
e
04
102
OflU
looB
19115.
with elrjxi"
soviet t. miirA?s7vf
M
xxm fofiorto mtue
- COMZOlWAIfD ffrr
SEABOARD AIR'S NEW PORTS
PHILADELPHIA
MARKETS
GRAIN AND FLOUR
IVHEAT.-necelpts, 129,:630 bush. There
was an advance of lc. In this market, MS to
stronger Western advices and a fair demand.
Quotations. Car lots. In export elejator No. 2
red. spot and Beptember. M-lOgl " No. 2
t&, iVestern, Jl lf.01 17: No. 2,,8oj'thfn. ".
fl.iwpt 10. ifcamer No. 2 red. fl,0rl 00: No.
3 red. 1.07il.00; rejected A. S1.0lei.00I
rejected 11. fl.Wtll.tM.
CORN. Receipts, 0813 bushels. The market
ns quiet but steady at the recent dccllno.
Quotations Car lots lor local trade, as to
location No, 2 yellow, wH(87c.i iteamrr yel
low, 83880..; No. 3 yellow, R.1H8IC.
OATS. Receipts, 7,1,418 bushels. There wis
little trading and the market wai unchanged,
quotations: No. 2 while, none here! No. 3
white, 80340c.i No. 4 white. 30038c.; em
pie oats, 32H.15C
KLOtTR. Recelpli, 003 bbla and 634,800 lbs.,
In sacki. There wai little demand from any
Fourco and the market was largely nominal.
Quotations, rcr 100 lbi In , wood! Winter
ck'Jr, new, $4.7805; do., straight, new, J
0.2.1, do., patent, new, t3.25HS.50; Kansas,
clear, new, juto sacks, f.13.23; do., straight,
new, jute sacks, t3.15S5.iM; da., patent, new,
juto lacks. J3.ii.1fll 83; iprlng, nrst clear, now,
4.733; do , atrnlght, new, J30.1.23; do., put
enr. new, J5.2.1J7.1.50; do., do., old. J0.5OSI1.75;
bU.t JUVIUKQ UIU1IIII,, I11U. fU, ,,.U, V.v ,...,n,
choice and fancy patent. J77.2.i; do., regular
grades, winter, clear, new, 4... "'43; do,
straight, new, J3Q5.50; do., patent, new, $3.40
B3 05.
RYU FLOUR wns quiet but Heady under
small supplies. Wo quote at J58D.D0 per
rui., as to quality,
PROVISIONS
Trade was quiet, but values were steadily
held, Quotations: City beet, In iota, Btnokcd
nnd alr-drled, 2."iiT2(.c.: Western beef, In sen.
smoked, 251i20c. : city beef, knucklea and
lenders, smoked and alr-drled, 27(T28c: West
ern beef, knuckles and tenders, smoked, 27M
2S.C.J betf hama, $31(M2; pork, ramlly, $21$
21.50; hams, S. P. cured, ,'ooie, 12JUfl4c.; do.,
alclnncd, loose, 115l U,c. . do., do., smoked,
l.llil.l'ic; other hams, smoked, city cored, as
to brand and averago, i;iff14c: hams, smoked,
Wrsttrn cured, l.'tyHc: do, boiled, boneless,
2;3'i;c,; picnic shoulders, S I". cured, loose,
!)K10c. do., iinoked. llxgiOc: bellies. In
Elckle, nccordlrg to average, loose, 12ff?12c.;
rtakfast bacon, ns to brand and average, city
cured, 10M7c,: brctkfaet bacon. Western
enrea, liwnic.: lara, western, rennen, tierces,
M.SJOc.: do., do., do., tubs, M4Sc.: lard, pure
city, kettle rendered, In tierces, Slifjiif.: lard,
pure city, kettle rendered, in tubi, S'JjtfOc,
REFINED SUGARS
Tho market was quiet and unchanged. We
quoto rennets' list prices: Standard gran
ulucil, 5..IBC, extra flnc granulated, 6.30c.;
po dred, 3 40c. : conf cctloncn' A, 5.20c. ; ion
grades, 4.43U5.05C.
DAIRY PRODUCTS
BUTTER was In better request and firm un
der light offerings. Quotations: Western lolid
packed cramer, fancy epoclals. 2!vc.: extras,
20c., extra flrsta, 2.1Si23c.; flrsts. 24tJ24c;
second!, 22JJ2Jc.; nenrby prints, fancy. 2oe.;
do, aerage extras, 27B28c.j do., nriti. 25ft
20c; do, second!. 2.g24c; jobbing sales of
fancy prints, 33030c,
EQas. Then was a good demand for Arte,
freih eggs and the market ruled firm and 30c,
per eate higher under email idppllci. IVo quote
as follown: Free cases, nearby extrai, 30c,
per dox.i Brits. 87.8088.10 per itandard caie;
neaiby current receipt", 17.2097.00 per caso;
Weatern cxti,t flntB, S.10j)S.-1ij per case;
firsts. 7.5017.8(J per cnac; fancy selected
candled eijga who Jobbing ut 32634c. per doi,
CHEESD. Tho market ruled Brm under light
offerings nnd a fair demand. Following art
tho quotations: New York, full cream, fancy,
new, 13fil3c; specials, higher; do., do.,
fair to good, new, 14i(15c.; part skims, ti'tf
POULTRY
LIVE. Tho market was quiet and without
Important change. Kollonlng are the quota
tions: Fowla, as to elzo .ind quality, 13
lc; rousters. ISSI.'Ic.: spring chickens, ac
cording to quHllty, 1.1iftl7e.: ducki, I'ekln. old.
13314c; do., Indian Runner, old, 12B13c; do.
young, according to nlze, 11313c; plgeoni. old
V&X&Saiiy2-'' 2- ou"8. Per pair, 17ffll8c.
DRESSED.-Trade wai fjlr and the market
ruled firm with supplies of dealrable stock well
under control. Wo quote: Fresh-killed poultry,
fowls, 12 to box, dry-picked and dry-packed
fancy, selected, 10c; weighing 45 lbs
apiece. 18c; weighing atf4 lbsTw apiece
icc; wcigning a ins. apiece, 10S17C.J under
11 rbs. splece. 14ai5Uc.: lce-paeked-Wei"
em. 4, lbs. and ovor Hnlfx Ifio .in .M.n.
-clses, 15l7c; old roosters." drv-piekia is. .
broiling chickens, Jersey, fancy, 24828c
other nearby fancy. 22S24c.; fancy large ycli
te..,Illlno,l- w;l?nlns 3 1U. and over apiece.
20Jlc; other Western, weighings lbs. and
""f' 1PSy.rnstcrn- weUhlnc 1S2 lbi.
apiece, 18310c: dn inferior. loWci iprloir
ducki. niarby. lOOlfc; do.. Western. iofflvS,:
XX-BlSl)',l0 T lb'. I'or doi., 12.1032.33:
FRESH FRUITS
Annlsi tiji nnUt . . .
shauoia,.,;;- riCmg Sf flo0qnu8..rVn soldWfnrl?
nd ruled Orm and tilghor. Other fruita wen
in fair request atreylied prlc.i! QuotStlmK
trlnla. Western Maryland and Pennsylvania, El
baiket26o,Qr'do.tlVeVaw.reSa-,MarVla
fK.C"7i'r, ?se0c- ,do- 00- Per baske? 23W
.lCt do., Jersey, fancy Elberta. per K
bush, basket, eoqttOc.; do., do., other klnS
per baaket, 1540c: do.. New York? per ba
let. 2035c. I'rars. Rartlett. per bbl.', J304.m
do , common, per bbl.. J1.00J2. arapesT Dilal
ware. Moore's Ear y and Coniord. per carrier
WauocVdo.. do, per 4-lb. bkitV uc UenT:
SKf' Vix'i"i- Crnbcrrlrs, Cap" Cod. r
bw J30 do., per crate. S1.754t2. l'lnean
plei, tier rrate-l'orto Rico, 1.25(2.60: Florl.
day. H.2S2.50. Plums, Virglnlarbamion n.r
20-lfa. bailet. 40Q5OC; do." New York
20-lb. baiket, 20aicc.i do., do" per 8Ib ' baa
ket-Ilradihw and Nlngira, 15U20C " Hefni
Cluude. 15JT20C BUckberrles.' Delaware', Mary!
land and Jeisey, tier qt 40c. Uuckleberrlei
per qt.. Oasut-antaloupes, Maryland 'Si
standard crate, 5073c. i do., Jersey, ocr bk!
kit. 250'5c 'Watermelons. per carf lj!S
VEGETABLES
The general market wai quiet and hi
steady, with fslrl liberal offerings- Quo&
tlonn Wblta notatoes, Jersey, per taiket-Nra
1 Ron, SOOJJc; do., No. 1 Jtbir varl.!!;.
?BBS00. do.. No. 2 . ioeiBtj iweet poutoU'
Jersey, per baiket-No. 1. 30j35o.i do Ko2
130200.; onloni, per IW-lhbag ilJsST'Mit
doT. Jene. perVbuihir ba.i,tf,'"to5l
mushrooms, per -lb. basket, 50c,el, '
NEW YORK COFFEE MARKET
, NEW YORK, Bept, 1.-Then wa. !!
tlcular change In Wees for "ffefuin?. Mr'
orMaKewii " "ffi'
JrVteVrYdTnlir4 ' 3 W' "onSSl
In the afternoon dealings wen mn.i. i
and prices tiacte(TtomewKi,w"rn.?"c',ll,'",;
wore B to 8 points below ian1Lh,i".tt.l,'on"
Today's TodaVa v.,t.,..
opening. cloie. 'cio. "
:::."lpS:iSMlMlS!
..... e45.8o . ' aliS?:
:;;;;fca&OT.Sog;S
September
October . .
November
Dicimbir
January ,
February
March . ,.
April . .. ,
May .,.,
June ..(
July ....
(Offered.
BAR SILVER
NEW YORK. Sept. lfJLwrhi auolati . .
commercial bar sliver was 48 nt. i,!,or
with 28 T-10 pence Wubll" ,y ?0 end0n!,',r
FtnelgH CtkMMK- 84iHsly Fan,
UH MM hSZTZUZSZ. rT".'nai
sjsjw m,m is.
it
wH
",
,
Offrenatem. JiM.Vsr'we'althy.' &&
5.50; DyelW nJt.78ti25J'otlPer,w.?tJe.: ftO
, t.n .ikTwn.fi ilfa;!
SEABOARD AIR LINE
NEW CONSOLIDATION
' ' 1 KSHSBSISSI
Will Tap Productive Cotton nnd
Tobacco Lands Big Bond
Issue Planned
The consolidation ot the lines of the
Seaboard Air Line and the partial re
nouncing of the company should prova
of great benefit not only to the road lt
self, hut to the country through which It
operates.
Tho lines added to the system through
consolidation ot subsidiaries with the
parent company are chiefly math Una
properties nnd Include the Carolina. At
Inntlc .V Wektern Hallway, which Is l.
self n recent consolldat.on ot tho North
& South Carolina; tho Charleston North.
em and tho South Carolina Western,
operating In all about 416 miles and gives
tho Seaboard an entry Into Charleston.
This lino will be extended to Savannah
by tho construction of 8$ miles of railroad
with n maximum grnda of but 3-10 of I
per cent. The now territory thus opened
up la rich In cotton nnd tobacco.
It Is proposed to change the name ot
tho Senbonrd Air Line to the Seaboard
Air Line Railway Company, and a new
mortgano of 1300.000,000 will lie executed
authorizing bonds to that amount It
will be a first npd consolidated mort
gage nnd a banking syndicate headed by
tho Guaranty Trust Company of New
Yorlc, and Including prominent banking
Institutions throughout tho Country, has
atrendy purchased $22,893,009 of the 'lew
bonds which bear Interest at 6 per cent,
maturing In 30 years.
The preferred and common stock of the
present Seaboard Air Line will be retired
through exchange for shares of the new
company. The new preferred will be
entitled to dividends nt 8 per cent, In
preference to the common, whereas the
presont preferred Is entitled to only 4
per cent, and to an additional 2 per cent.
when tho common lias received 4 per
cent. In consideration of tho new terms
therefore the hbldera ot old preferred
will receive a smaller amount of new
preferred than they now hold. The old
common, however, will be exchanged
share for share of the new common.
Thero Is now outstanding $23,691,100 old
preferred nnd $37,019,400 old common.
Tho nbovo map shows tho portion ot
the Seaboard system affected by the
combination of now lines, Including the
proposed line to do mint from Charleston
to Savannah.
PUBLIC UTILITIES
Of SOOO Brooklyn Itapld Transit em
ployes, 6200 have applied for Insurance
under the group plan, according to
Btatemcnt Issued yesterday by the com
pany. As a result, no physical examin
ation will be required, more than the
requisite number having applied under
the waiver agreement. The plan, an
nounced July SO, involves a premium of
nearly $60,000 a year, one-halt paid by
the employes and one-half by the com
pany, Retiring employes will be con
tinued In a $1000 policy without cost.
It Is understood that plans have been
arranged for extension of the Phoenix
vllle, Valley Forgo and Strafford Electrlo
Itallwnv from Valley I'orirn tn cocct
with the Philadelphia flnd Western Hall
way at Bridgeport. Such development
would hitch up nlso with the Pottstown
and Phoenlxvillo Railway, which la con
necting its lines by some new construc
tion, and this would make the Philadel
phia and Western Railway the terminal
system for a new through electric line to
Pottstown.
The New Tork Upstate Public Service
Commission has decided that It has no
power to modify the terms of a franchise
granted by a municipality. The New
York and North Shore Traction Com
pany applied to the commission, asking
that it determine that the just and
reasonable faro between Mlnaola and
Port Washington was 15 cents instead
of the 10 cents to which the road Is lim
ited by the terms of Its franchise granted
by the supervisors of Nassau County and
the highway commissioners ot the town
of North Hempstead. The attorneys for
the road contended that the power to
grant franchises In a municipality was
but a power delegated to the municipality
by the Legislature, and that the Legisla
ture Itself, or the commission, to whom
the Legislature has delegated general
power over rates, could amend the fran
chise. The case has been watched wth
Interest by many street and Interurban
railways and steam roads as, had It been
decided that the commission had the
power Invoked, nearly all cases In which
an admittedly Inadequate return la now
Imposed by the limitation of local fran
chise might be brought before the com
mission, without respect to the local
authorities.
The gross earnings of the Cities Serv
ice Company In August were 312,7?5, In
crease, $17,834; net, $299,170, Increase,
$13,539, Twelve months' gross, $1,051,573,
Increase, $380,09); net, $3,833,732, Increase,
$321,207.
NOTES OF THE RAIL
Tho Lehigh Valley will open new freight
offices In the Bourse September 20.
The Erie Railroad has placed orders tor
23 locomotives. The American Locomotive
Cpmpnny will build 18, Baldwin Locomo
tive Works 10 and Lima Locomotive Cor
poration 5.
Bituminous coal shipments on the Phil
adelphla and Reading Railway during
July amounted to 1,415,516 tons, as com
pared with shipments pf $39,554 tms of
anthracite coal. The total of bituminous
coal shipments is the largest for any
month since Jfarch of last year, when
1.661,769 tons were shipped. Anthracite
shipments were less by 342,405 tons than
In April, when the largest tonnage so far
this year was recorded, and only 115,511
tons larger than the smallest previous
total for arty month In 1915.
The Seaboard Air Line and the CloVer
Leaf have closed for rails for delivery
next year. The Beaboard has purchased
8000 tons and the Clover Leaf 3000. tops.
With these two purchases, five railroads'
In all have thus far made known thejr
1910 requirements and contract for ton
nage, Tho Now York Central, the Penn
sylvania and a number of Western roads
are hastening work on their estimates,
and will no doubt enter the market for
rails before the end of the month.
The Chicago Board of Trade has filed
complaint with the Interstate Commerce
Commission declaring unreasonable the
Increase In proportional rates which are
proposed to become effective on Novem
ber; It on grain and grain products from
Chicago to Atlantic ports for export and
rates to points east of Pittsburgh-Buffalo
line.
LIVE STOCK QUOTATIONS
CHICAGO. Bept. 10.-1KXIS -Jtecolpt-. IS.
000! market steady. 0c. lower! nilied nf
butcheri, Ia.i5fl8.li0j good heajy. S7y!;
rough. hvy ,'fl Mrftd 80' light 8T4M8 1!
pill. KL75ai bulk, H.O087 25.
CAVri.K-llicepta. 4.-I0H market stront
beetes, $5,755110 4(1 cows and lie.fen MV'Sl
Ol Texons, n,758.40. calvei. Iu.50tf 11,73,
fillEEI?-Hocelpts JHXiO: mirket eif(y M
te nd Weslcrr.. $.103,80, lambs. Ui2.'if)8,IX
IJEO.U. ADVKHTISKJIENT8
JK3 AM. I-KltSOM AME HCHKIIY CV-
tloned against bsrborlng or trimtl jt
any of the crew of the Ilrltlsh . K 'Te'5
uaiiy mm William jji (;ub, j w Hr
Mister, as no debts, of thilr contracting ,;.'
be paid by the Muster, Consigns er b
rr.n,.Un-8'Rm,b'P Co" AseoU. 4.2 niillll
Hutldlng,
L.-.JJl-."Vi
IUKKCTOKV OF ACCOUXTANTU
vrniuru iiiouc rruunani
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ttH Ail wswl mil
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