v.
EVENING LEDGEE-PHILAEELrHIA, WEDNESDAY, SEPTEMBER 22,
1015.-
SI
I
fe
W.i
.FINANCIAL NEWS
New York Bond Sflcs
OCTOBER DIVIDEND AND INTEREST
PAYMENTS LARGEST SINCE WAR
jig Increase Indicates Further Improvement in Busi-
... CnnninUinn A ... 171 i. -. ni'
uvaa utwuiuito xxjjttui jf euuires in slock
ft mui-KVb lviore iNew Top Marks
,,
NEW YORK. Sept. 22. Further evidence, that the business conditions of
(be country nro on the upswing came to light today In the shape of tho figures
ef the dividend and Interest disbursements which will bo made ,to Investors
la October. Tho total amount which wlll.be distributed will bo $181,022,818.
. Increase of 819,080,128 as compared with the mmn mnnih n in.f vmf. mil
5 the best monthly showing: since tho great European war beg-on. Tho present
Indication In the street is that the monthly figures will bo swelled from now on,
Rd with the Increased Industrial activity It Is probably safo to say that such
will be tho case.
Dividends will make up 894,922,858 of tho grand total, an Increase of
I14,7JC,128 over last year, and the stockholders of Industrial companies will
receive $80,257,752, Just $13,002,621 more than was distributed In the same month
, last year. This shows very conclusively what a large part the Industrials are
playing In the general mending of business. It is true that the prosperity which
BMiny of them are now enjoying is duo in large mcasuro to the numerous orders
for munitions which have been received from tho warring nations of Europe,
but the fact must not be lost sight of that tho domestic demand Is becoming
better. This Is particularly so with respect to the steel trade.
In line with the Improvement among the industrials It Is Interesting to note
that the average prlco of this group of securities on the Stock Exchange was at
the highest this year at the start of trading this morning, crossing 108. The
Mgh point last year was slightly moro than 83. dn the other hand, the railroad
(bares, In which very little has been done on 'Change, particularly In the last
few weeks, sold around 99 today, whereas tho high point in 19J4 was a trifle
more than 109.
Declaration of the $50 cash dividend by the General Motors Company,
which will call for tho payment of $8,250,850. will play an Important part In the
larger distribution of dividends next month. Among the more Important
changes In dividend payments, thero were eight companies who were added
to the list, seven which made larger payments, while five omitted payments
and three declared smaller disbursements. According to figures compiled by
the Journal of Commerce, tho October dividends summarize as follows: Itall
toads. $25,681,634, ngalnst $25,451,634; Industrials. $60,267,762, against $47 266 231'
street railways. $9,083,452, ngalnst $7,505,846. The total interest payments' will
be $86,100,000, an Increase of $4,300,000.
Attention In the stock market was almost entirely centred in tho war
specialties throughout the day, and sharp gains were mado by various slocks
In that group. New high records were chalked up by Bethlehem Steel and
Studebaker, the former touching 559 arid tho latter 146. Bethlehem's gain was
slightly more than 4 po.lnts, whllo the latter was up 6 points at one time.
Movements in me list wero irregular, tho railroads still hanging back. A
strong stock among the old standard issues was United States Steel common
and at one time It was up within a fraction of 3 points and at the top mark
for this year: also the highest It has sold since 1912. The strength of this
stock was attributed to the betterment In tho steel trade which has beon
going on steadily, and to reports that tho net earnings for tho lost quarter
would be $50,000,000. The closing was Irregular. Ono of the most active stocks
In the late dealings' was United States Steel. Baldwin gained a new Jtop in tho
last few minutes. Westlnghouse was weak.
War orders, or rumors of them, played an Important part In the upward
movements In the specialties today. Admission by the "Westlnghouse that
orders aggregating $60,000,000 had been received led to the belief that other
companies had them, although no details could be learned.
Westlnghouse Increases Dividend; 'tyar Contract Announced
The Westlnghouse Electric and Manufacturing Company today declared
a quarterly dividend of 1 per cent., an increase of per cent. Following tho
meeting of the directors the following statement was given out: "The com
pany has received contracts for the manufacturing of war munitions aggregat
ing about $60,000,000, tho greater proportion of which is a contract for rifles,
which are to be made in factories in New England."
lllah.
ia
$.1000 Ada me Rxpreae 4e
!() Amw Illils Lh
"L3 mer Bmeit to 0. . . hit
14
Id) Vi
mT
8000 Amer TW clt 4. . . '. '. '. . R.U
iw Amer Tel crt 4He.. .MM
10OO Armour Co 4 Us , VIV
Clo,
Mfc
oil
.ldttC
Agreement Reached on Four Points of Loan to Allies
Much progress Is understood to have Teen mado by the bankers conferring
on the huge loan for the Allies, and although no official statement has as yet
been Issued It Is understood that four vital points havo been agreed on. These
are as follows: That the Joint obligations of Great Britain and France shall
mature in five, and not ten, years; that tho rate of Interest shall be 6 per cent.,
the investor receiving the bonds at par; that holders of tho bonds shall bo
given tho privilege of converting the securities on maturity Into 20-year bonds,
which will probably bear 4 per cent. Interest, and that the proceedB of the
loan shall not be used for tho payment of munition purchases.
American Can Ready to Start "Work on Dig Shell Order
All necessary machinery for the turning out of the $40,000,000 order for
shells for the Allies has been procured by the American Can Company and the
Instalment Is well under way and the company Is about ready to begin work.
It Is estimated that the profit on the order will be more than $9,000,000, equal
to 21 per cent, on he common.
23000 Atchison mAi Am
?8W0 Aiehlnon cv 4s IBM
53000 Atrhlsnn rv Am lowv
ooiB Atchison cv 6a 1017 .101)
2M Allan Co Line lit -la 841
JiiS At Co Line clt 4a. . ?
RJpOO JUlt A Ohio 3He ... UOH
10000 Halt A Ohio 4i M
29 "' Oh ct 4Ue..,. S6V
.&! BopLMwvJin
f?JS U8" 8,'1 lt 0a.,...101
1000 Drookn Hap Tr 5s '1S.1O0K
(urauin Boutn Zd oa. .....101
.iSSSl 'nt lhr lit Ba . . W4
jnooo Cent Pao lat 4a M
lJOiiu Cent 11 K N J 8 112
1OO0 Chill Cop 7a 113H
WOO Che. & 6hlo cr 4H- TH
.6000 do 4 Ha 83
1100O Chi Ot West 4a li
1000 Chi II & Q Iowa 4a.... 09
WOO Chi Mil A Bt T cp Ba.. 10211
83000 do cv 4Ma P4ti
.M00 do ten 4V4a B74
13UC0 Con Oaa cv Ra 116
2000 Cumberland Tel Ba. ... 97
4000 Del A Hud rfd 4a .44
1'xw Den A nio Or 4
6000 Dla Secur Corp Ba MM,
WOO Du Pont Powder 4He. 102
44000 Erie conv 4a Ber A. . . , OIU
22000 do conv 4a Ber D 71
P0O0 do prior 4a 7HU
3000 Qen Eleo deb 5a 1014
1000 Houa A Tex ten 4a.... 71H
10000 III steel deb 4H Sfi',
81000 Indiana Steel 3a lot
2000 Iowa Cntral Sa 80
1000 Inap cv ret M pd 8a. Ill
ISOOO lntrb Mt 4Ha., ....... 7111
20000 lntrb H T rf Be....; M&
20OO0O jntr Mr far 4W 77H
20000 tnternl Paper ovt Ba. 6IU
SuM Kan City So lit 3a... 67
6000 JCan City So Ba 87W
40000 Lacka Steel 8a 4W10.,. SI
6000 Lk Sh deb 4a 1023... P1U
2000 LI A M T IU 1f
jwiw iauii a man 4a..,
1P00 Manhattan 4a
7000 UiKaT 4tts
7000 Mo Pac 4a .7. ,
3000 Mo Pac col Ba 1917,,
.R000 Mo Pac cona 0a. .
19.1000 N T C A It (W ret
1000 N Y C A M 4Ha.. .,
0O0 JJ V City 4a I.IB7...
BO0O N y city 4a 10S8..,
2S0O0 ! Y City 4a 1950..,
0000 N Y City 4Ha 11'60.
22000 N Y City 4H K'3.
1KOOO N Y Cltv 4VU llft.V.
i.i"jw jx x uuy a mot.... w
flooo N Y City 4i?a May 17.100
SO00 N T oaa II A 1 4a.. Ml
2K)0 N Y Claa HAP Bs..l6tU
WOO N Y N It A II 4 POH
1000 N Y N II A 31 OV 3Wa CS
1000 N Y N It A II Ra....lllH
BOou N Y Rwy rer 4a.... nsiji
' 2$
. 89 .
. SOU
. 2W
. ptX
.102 ji
. soil
.11BV4
. Plit
,. 7BI
. 61?,
. 44
.as
67
07
80
?
RH
PH
m
1011
100'
101
IMS
110$
113
78
8
&
00
L02
64
sa
. . , .a. ai, .. i a ! a ii . i "
FOREIGN EXCHANGE
Yea.
Rlrrllna; Openlnc. Illsh. Clne, Clnae.
Demand .. 4.70H ! i.li M
Cahlra . .. 4.71 4.71H .11K "
Francs
Demand . . 8.8S 8.88 0.83 B.80
Cable .... 6.81 8.83 8.81 8,7
Mark
Demand .. 8814 MK 8H 83H
Cable 8J 8SH MS
MONSTER BUDGET
WILL AID BRITISH
TO OBTAIN CREDIT
New Taxes Sure to Be
Heavy Burden, but Add to
Nation's Resources
FREE TRADE GETS BLOW
Rich to Bcnr Brunt of Imposts,
but Poor Arc Also Hit
t Hard Blows '
00
. 84
. ntl
M.
B34
.tots
87
"S
. PS
. imvi
.102 ft
IV
61H
8I
ROOO Y Rwv adl Ba.
12000 N Y Tel gen ftt..
70O0Norf A West cv 4a..
21000 Nor Pac prior 4a ..
16700 Nor Pac Ken 3
8000 Ore Ily A N con 4a.
28000 Penna gen ct 44a..
fiOOO Penna cv 4Ua
10000 Poopla'a Gaa Sa
8000 Pub Her N J Ba
1000 Ray Con Copper 6a.
2000 Reading gen 4a ...
800 Repub Cuba na
12000 Rep Ir A S Ba
11000 Rock laland 4
2000 nock Island rtd Ba..
12000 Rock laland Ba
1000 St L I M A 8 4a
24000 St L A 8 F rfd 4a...
1000 Seaboard A L udl Ba.
1000 Seaboard A L rfd 4a.
6000 South Rell Ba
1000 South Pac A
13700(1 (In ev 4a ........
BBOOO do CV ret t P Ba JB34 oui)
WOO do rfd 4 F3
1000 do Tarm B 7SH
14000 South Uwy gen 4a ..62
6000 do con lm 07
0000 Third AvWa 80
8000 do adl Sa 70U
1000 U S Rubber 8 102i
8700O do Bk ........102,
7000 Union Pae lat 4a ... 91
BOOO do cv 4a DO
40C(i Va Car Cham 6a .... P8
BOOO Vh Rwy Sa S3U
BOOO Wabaah lat Ba lOOa
1000 do 2d Ba 88
5.1000 Wan Eq,u ct ata 4a. 17
41000 Jo 4a 10 ,
22000 Wab-P Tor lat ct 4a, .
BOOO Weat Elec cv Ba ...105
2000 do Ba 101
SOOOO Weat BAM cv i w 1.123
ion;
mi;
BSll
jnt!
791
Si
61H
62'
67
P7
0i
8t
99
sa
Sales in Philadelphia
105 Allla Ch.lm .,, 44H
3 Am Oaa ......102H
21 Am Railways,.. 21
220 Am Loco ...... .,
8410 Dald Loco 8JH
100 do ptd 108
83 Duff A S t e pfd 40
48710 Cam Steel 81
8001 Eieo Storage ... 72
200 Erie 81
13 Qen AephaltK .. 83
110 do pfd no
88 Ina Co N A . , . 23ft
1100 Lake Sup Corp.. 7
80 Lh Nar ...... 78
72 Lh Val 72
823 Leh Vat Tr 17
80 do pfd ,. 86
44 North Central .. 83
BS4 Penna filft
10 Penna Salt Mfg 91
223 Penna Steel pf. 83ft
ISO Phlla Co 41ft
BO do cum pref... 42
260 Phlla Eleo .... Sift
378 P n T 10ft
3830 do tr ctfa lOTi
4 Thlla Trao .... 73
103 Reading 78ft
100 8o Railway
172 Ton Belmont .. 8ft
S.15 Ton Mining ... Bft
836 Union Trao .... 37ft
10B3 U O.l 8Sft
17023 U S Bteell .... 73ft
337 W J A Seaahoro 48
80 York Uwy 7
Teat. dote. High. Low. Close.
44 44
102ft 102ft
24ft 24
88
82
107
40
63
72
81
S3
68V4
23
8
7B
72ft
18
86
82
44
102ft
34
89
87ft
107
40
63ft
74ft
81
83
68
23
8',,
78ft
72ft
18
86
82ft
B8
107
40ft
00
78
81
32
68
28
8
78ft
72ft
18
86
824
83 81 13.16 63
P4I4 94ft Dlft
83ft
43
43
21
11
10
73
76
18ft
3ft
64
37
83ft
78
49
8
84ft
43
43
23
U
lift
73
75ft
16ft
Sft
6ft
.184
884
78H
49
8
84
43ft
43
24ft
11
lift
73
73
18ft
8ft
6ft
88ft
R3ft
78
49
R
Total aales. 13.822,000, compared with 13,110,
000 yesterday; thua far thla week, 310,087,004;
same period last week, J7.2I2.000. i
NEW YORK STOCK SALES
Last oloaa. High. Low. Close.
Alaska rio'd Mlnei.... 32U 33K 32H 32H
AMfXhalmenMr?.... 43H 4iU A3H 44
AlUs-ChtlmMeCopf. 71M 72K 71H 72
Am Ae Chemicil 3 63 i fi2J 62K
AmAeChempf 96 00 OS OS
AmBeet fauiM 07 68 07 87
AmBeetSuear pf..., 88K 89 88 SO
Am Brake 8 4 F U...103 102 102 102
Am Brake 8 ts V pf. tr 170 168 16S 168
Am Can 00U 62H 61 61H
Am Can pf 105!f 106H 103 106
Am Car & Foundry... 73'- 77H 7Vi 75H
Am Coal Products 152 1S1 151 161
AmCottonOU mi (,2M SOU 62
am tipresj
Am Hide A Leather,
Am Hide & Leat pf,
Am lee Securities...
Am Linseed....
Am Unseed pf .,...
am locomotive,
Am Malt
Am Malt pf
Amcmtlt & Kef...
Am D.14 1.
MM VH.C11CI9 VI ....
-loiw ioih ioih iom
OH 10)S OH 10H
45H 43H 45i
24 2-'iK 24
20U 10X 10H
36U 36 30
C0H- C8 COX
6H 8H 6W
27 20H 27
MU SiH 84H
80H 60Ha 80M
Kit 64"C5Js
42U
24
20
35
67H
m
26f
84H
BO
CAM
LastclOM. High,
Low. Cloes
38H313QI
34U 35
In ternat Paper pf 39H 30
Inspiration Copper 35 35U
Kan city boutnern.... iOU 26H iBH 26H
Kanas City So pf 69H 58M 68H 68J
Lack Steel. C8H 71 08 70
Lake Erie West...., 8 8H 8H 8H
UhlchVaUey ..145U U3H 145 145H
MuweU Motors KM 67H 55 H Kit
Max Motors lit pf.... 03 01U 64 94
Max Motors 2d pf 43H 49H 46 48
May Dept Stores 48 52 60 52
Mexican Petroleum... 87 0H 67M 88U
Mexican Petroleum pf, SOU 87 "87 87
M St P S 8 M 121U 123 122H 123
UBtPftBBU pf,.127 128H 12SH 128H
Miami copper 27H
Mo Kan & Texas pf... 14)
Financial Briefs
Am Ettel Foundriea
AaSucar lUflnlnc..,.109H 100H 109H 109H
Asa-itlft'm 124M 124H 124H 124W
Am Tobacco pf new... 100 109 109 109
Am Woolen 48 KH 40 53M
Am Woolen pf 03 94H 03K 04H
J Writing Ppf 8 10 0 10
Aaaconda Copper 71 72W 71K 72H
. AtchT&BF 102 V&X 102 102
AtchT 4 8 V pf 98!f 100 03 100
AHantlc Coast Line.. ..103K 103 104M 101M
WdwlaLoco 82 c8' 82M 88K
fM win Loco pf., 107 107H 107K 107M
BJtteor9 Ohlk 84W 81 84M 84
WUaipni&OnlSpf... 71 72 71M 72
BtUdehem Steel 354K 350 353 359
oklyn Rap Traa... 84H 84M 84M 84W
Butte A Superior BOH 00K 68H 68i
"Bttorlck Co. ...,.,.. 28 20K 29 29
Cil Petroleum.......'.. 20W 2W 20 21'
Cal Petroleum pt 47 47W 40U 46M
Canadian Paclflo J55H 167H 165H 158M
Cjnt Leatuer 48M 49H 48Jf 48M
"fMpealc & Ohio 48U 48U 48H 48H
CUno Copper Ml 46 44K 45
CUcajo Great Wett... lm 1U5 lM UM
$$?, 0t WMt " 31K 3l 3 31
CilMu 4 Bt Paul.... 86 85 84W 85
6tPpI 121M 123M 123H 123H
Si Northweat pf..,163 163 163 161
CMR14Pao ,. 20H 'Mi IOM Wl
"tt PeaACo pf...,100 107H I07H 107f
CrttdoFol4f..,.. 62W 64 61M 53)i
4UaDtl Can. 00. 03M 91U 02M
-aHlll ca H....103 104M 104H VHH
SoUdtdaM i-joH 12tjn 128 1281
OarnPioducUHe... . 19H 18) 18W ISH
Cwn I'w Rf pf HI 86 85 88
WWWeeHeet ogu oalf ou KM
IOHBt4pf..,,.l07 107H 107 107H
kevAsn 8wu iia loau iiatf 12I
fcHdM.i.,t.,.,i3e 14044 140H 140M
wmmiwsi.,,,, S6H 25H Zi VH
HUMa..... 9WU
88 4AHK. 0
wr aMMMy.. ?g
a............... Mfeu
lataf.... ciu
sat it .''-'""' E.J
sajTT-J tttf FWP
JZ m .,.. 4
klfr"1
teJ f.'.....'lMH 108 108 108
' 1W10,' IIM iaoM 119W M
E" m at paop. H 43H 44H
Cast inai ion ma 102
CoaCorp'..,. mok aOM l W
vw p.,.. 7V4 T4 ,7a: 7
iini.it.Minii nsui tuwrt iian
tta,.,. . SOU XM atalej WM
Missouri PacUe,
Montana Power ,
Nat Cloak 4 Suit....
Nat Enamel 4 $
Nat Lead,.,
Nevada Con Cop.:..
New York Air Urake
New York Central ..
N Y N II 4 11
N Y O 4y
Norf 4 Western..,..
Northern Paclflo,
North American 77'i
27H 27H 27M
15 15 15
3) 3M 3M
WH 67 6QU
84H 84H 84H
20 26U 20
60K 65M 65H
14H 14). UH
101ft 169 159K
94H 04 91
68 67H 67H
28!a 2HH 28H
.110!( 111 1I0H 111
....IU9) 1U9H 1UO iuon
78VJ 77H 77H
Tho Iron Age says: "Export business
Mi more distinctly tho dominant factor in
the steel trade than In any previous
month of the war. Foreign rather than
domestlo demand caused an advance ot
it a ton In wlro products on Saturday,
and n the last week the inquiry tor steel
rounds and for billets and blooms from
Canadian makers of munitions and from
France has been on a. scale well nigh
Incredible. As a whole, the market Is
moving upward not uniformly, nor yet
with any spectacular developments, but
In. response to the special Influences that
have produced a scarcity of steel."
The Crucible Steel Company of America
has applied to the New York Stock Ex
change to list 1121.600 additional common
stock, and Burns' Brothers ll.81S.WXI 7 per
cent, cumulative preferred and $5,600,000
common stock.
The New York banks lost J101.000 to tho
Subtreasury yesterday and gained 13,673,
000 since last Friday,
The directors of the American Chicle
Company have decided to change the
method of dividend payments on the com
mon stock from monthly to quarterly In
stalments, payable January, April, July
and October of each year.
By FRANCIS W. HIRST
Editor of The Economist.
Special Cable to the Evening Ltigtr.
I.ONDON, Sept. 12. I havo Just been
listening to our third war budget.
Tlegtnald McKemnn, Chancellor of the
Exchequer, went to work In a very busi
nesslike way. I have heard the budget
speeches since the beginning of the war,
but nono took so much of the taxpayers'
money In such a short time. It was al
most a case of "No flowers, by request."
as at funerals, for the House of Com
mons knew It was In for stern work
and did not want political rhapsodies.
It was all as matter of fact an the facts
themselves required. There was no word
paliltlnir. They stood out lllee black
frowning rocks across the stream of our
painting. They stood out like black
to future progress.
It Is to be a budget, said Mr. Mc
Kenna at the outset, of "unprecedented
burdenB." and he redeemed his promise.
Certainly there has been no such heavy
addition to taxation since the Napoleonic
wars. On the other hand, the taxation
of the working classes after this budget
will be much lees heavy than It was a
century ago.
The new taxes that hit the poor hard
est are the additional duties on sugar, tea
and tobacco. Import duties on motorcars,
plate 'glass, clocks, etc., are sops to tariff
reformers, and Mr. McKenna's defense of
them delighted a section of 'the Tory
party. It sounded like an echo of tho
tariff reform orations which we heard
10 years ago, but It was explained as a
means of assisting American exchange.
The increase of the Income tax and su
pertax shows that the Cabinet Is com
posed mainly of rich men In a represent
ative democracy capable at a crisis of Im
posing heavy sacrifices on wealth. Thus
Income and supertaxes on mllllonaries rise
to 35 cents In the dollar. Men with ,000,000
Income will pay 8170,000.
The reduction ot exemptions to the limit
of the Income tax from $S0O to JS50 Is a
sound measure. A wider basis for direct
taxation Is better for a democracy like
ours.
The figures ot expenditure and debt
were received as gloomily as they were
uttered. But the House took the budget
very well. It should have a sustaining
effect on British credit, for we ore tho
only belligerent Power which has made
ample provision for Interest and a sink
ing fund on its new war debt.
The Increase of postal and telegraph
tolls Is hard on newspapers, which have
suffered heavily by the war, owing to the
enormous decline In advertising.
One effect of the budget will be to
rldiculo our conscrlptloplsts in their
efforts to show that this country has not
done its. share.
LOCAL PUBLIC UTILITY ISSUES
LIFTED. BY ELECTION RESULTS
Heaviest Trading of the Year in Philadelphia tftw
High Record for Cambria Steel on More Deflaltt
Talk of Big Merger Baldwin at New Top
Total sales, M.BM shires, compared with
46,&3 shares yesterday: thua tar thla week,
101,362 shares; last week, 20,809 aharea.
BONDS.
La at prev.
ale. Illfh. Low, clom.
$300 Am Oaa A El Ea. 87 87 87 87
27 Cam Bit May "17 OH 0X W4 80H
lav) El A Peo Tr 4a. 74 75 74 74
2000 1. V Coal Ba rec. . . 102 102 102
HMO L Val Tr 1st Sa.l02tt 102'i 102JI 102
25000 Tenna gen4i,a.. 87K 07ii 17W 07
1000 Fhlla Elec 4s... 80 78K 785i 78?;
1000 Jo Fa 102 IOIH IOIH IOIH
. WOO Readlr.c sen 4a.. 02 02 02 02
11000 Span-Am I 6a... 101 101 101 101
tOOO Ud Ity Inv 5a... 70 70 70 70
Total aalea, Sc7,323, compared with f:a,031J
lar mis weea, i.?,u.; i"i
The result of the primary election met
with prompt response marketwlse from
the local public utility Issues on Change
this morning. It was the opinion gener
ally held in the financial district that If
the Organisation should return to power
the local traction and lighting companies
would be benefited by a less critical at
titude than that of tho present adminis
tration. There was, of course, no definite
suggestion forthcoming as to just how
this would become manifest, but local
traders were Inclined to take a chance
on buying Itapld Transit. Union Traction
and Philadelphia Electrlo on this theory
and all three Issues scored moderate ad
vances. One suggestion heard In several quar
ters of the Street today was that there
might be a modification of tho new sub
way and elevated plans If the Organiza
tions wins In the fall.
The buying of the public utility stocks
spread to United Gas Improvement In the
afternoon and the quotation advanced
across 88, compared with 8JV4, last night's
close, while Storage Battery moved up
2tt points to 75.
Reiteration of the rumor or far-reaching
plans to merge a number of the Indepen
dent steel companies with Cambria as
the nucleus caused further heavy buying
of that Issue, which quickly was lifted to
a new high record. The fact that the
report was accompanied with some very
definite prognostications as to details
caused the traders to assume a tee i
tlcal attitude than of late.
According to 'the story the
Cambria treasury stock will be allotte to
present stockholders at par and, thl deftMa
me wnoie issue win be exchanged par tsM
stock of a new company capltallveal aft
KO.000,000 new preferred and some A
000,000 common, thus doubling the praa t
capitalization. It was said that the MM
vale and Pennsylvania Steel ContpauaaM
were to be included In the deal whteti was)
being engineered by II. C. Frlck and tlMU
Charted M. Schwab was also flgurtiHr la
tho arrangement. It was said also that
the Pennsylvania Railroad board wist
taking up the matter of the dlseeettsaa
ot Its holdings of Cambria Steel n4
Pennsylvania Steel and that the Cam
bria board might Issue a statement alter
Its meeting tomorrow. The Pennsylvania
board met today, but nothing waa gtrea
out for publication.
At alt events about 44,000 shares osfaajea
hands, and Pennsylvania Steel prferrt4
also moved up. Baldwin Locomotive "ireai
very acttve and strong today, too. L4s)trt'
sales of Tonopah Mining were aeeenf'
panted by talk ot a reduction of the divi
dend at the meeting tomorrow.
Baldwin extended Its gain over 4 petaisj'
at the close, making a new high record.
Altogether today's Philadelphia market
was about the most broad and aettrs'
of the year, approximately 80.009 atiaree
of stock changing hands. CommIa4ei
house buying was a feature, indicating
increasing publlo interest-
yesterday; thua
week, (83,510.
Local Bid and Asked
Today.
Bid. Ask,
S71i
.107
..12
Baldwin
do pref
Uuft & Sua t 0
do prf
Cambria Pteel
Electrlo Stores
Oeneral Asphalt ...
do pref ,
Ke stone Telephone
do t o
do pref
Luke Superior Corp
LhlKh .Navigation
Lehigh Valley
Lenlcti Valley Tr ..
do pre(
Penna
Phlla Eleo
Phlla Co 43
do O p o prei -3
do C p o pref 42
PJilla U T IS
do t c H
Heading H
AUUUJMtll UCIIIIUU. .... '
TAnnn-h Xllnlnr ....... ft1
Union Traction 88
TT (las Imp 85
TT R Rtc-l 78
vni nw ..... 7'
do pret 80'
Wm Cramp t c SO
31
14
14
OS
'
75U
72H
18
. 3(1
M,
24?
Yesterday.
Bid. ASK.
8 bsh ea1
108 lOtl 10(154
13 12 13
V, :rott 4W4
fiSH R5H (MU,
741? 72U, -73
31. BlH 32
no ts ao'4
14H 14 14H
U 14 144
17 6(1 67
8t 7H 8
78. 75(. 73
72 72$ 72
187, 17jt 18
36H 35 30
6.1 B4ft 64'
25 24ti 25
41(4 43 44
40 38 40
43U 42 42!i
HJi 10'4 11
11 10?4 11
75$ 75 . 754
TllL S3 SU
X bL si! r.4
K S8& 87U 37H
A 85 85j 85W
i 7854 75f 784
S 8 7 8
t$ 31 3t 82
00 S3 0054
Exports of Wool Permitted
MELBC-URN& Australia, Sept. S2 . The
Commonwealth granted permission today for
the exportation of crosa bred woole to the
Vnlted Statea, Canada and the, alllod
countries.
TWELVE MONTHS' EXPORTS
TOTAL OVER $3,000,000,000
Balance of Trade in Favor of U. S.
$1,865,334,346
WASHINGTON, Sept. SI. For the first
time In the nation's history, exports ex
ceeded 13,000,000,000 In value for a 13
month period. Dopartment of Commerce
figures made publlo today for the first
year of the war, ended with August SI,
showed that the total exports of the
United Btates for the period aggregated
l3,03o,033.2S0, against t2,2S0.1&5,7!l for the
previous year.
Twelve months' Imports of merchandise
totaled n.689.698,934, as compared with
1.00S,bo7,515 the previous year. The ex
cess of exports ot merchandise over Im
ports for the year was Jl,365I33t,346.
The Increase of August Imports) totaled
137 per cent, over the similar period In
1S14. The year showed a net Inward gold
movement of 146,X4,776, compared with a
net outward gold movement ot 191,672,616
In 1913-14.
The aggregate foreign commerce of the
Untted States for the year, Including
merchandise, gold and silver, was 6,129.
715,002, as against $4,480,304,760 In the pre
ceding year.
NEW YORK BUTTER AND EGGS
NEW YORK. Sept. 22. BUTTER. Market
steady to firm; receipts. fi8 pkg:a.; extra,
27c: higher scoring. 27HS2SC.: State dairy,
2(lft2(tHc; imitation creamery 22VitC23c.
IXJQS. Market Irregular; receipts. 11.859
cai.es; extra flrata. iSHWtOHc: nrata, 20
27Hc; nearby whites, 40S42c; mixed color.
20&32C.; refrigerator firsts, 240C5C,; nearby
browns, 83Q35C ,
ADVANCE IN WHEAT;
MILLERS BUYING
Smaller Cash Premiums in Sep
tember Responsible, for Up
turn in That Month
PHILADELPHIA MARKETS
3H
67H
84
2flH
. 65!
. UH
163
MM
07H
2HM
22H
10
TtH
mt
63
40!
4H
21K
IU
30 J
MM
40
48
17 174
31S 3U
.....uwi nwn Aitn irs
71K 734 TOU 7UH
21K
10
73J,
31
SIM
VH
4
174M
G
I'acinoMaU... SIM 34K 82 33
Penn It It , 109! UOH 109 W 110K
1'eoples Um Chi 117M 1184 117W 11BK
PetUboae-M lit pf... 80), SOU" 80) 89
Philadelphia Co sa 80 80 88
PltUbursa Coal 35H 36K 35 KM
Pittsburg Cos! pf 103!( 104H 104 IOIH
Pressed HteeiUr fU KM MM Hit
Piessed Steel Cir pf... 08H 101 101 101
KyTsteel tip-g 3UH 40H 30U 39U
Hsy Con Copper 22 'Si 21U 1J
Heading 160K 161 160) 150
ltp Iron Btesl 46 iOH 45 46
Rep Iron & Steel pfi.,100H 101 100H 101
Bock Island Co pf it H H M
liumtly M. Co 4J( SH 4U 6H
Jlumely M. Co pf 7H 7K 7i 7M
8t Louts ASK 4H 4H 4) 4H
St L & 8 V 2d pf M 6M 6M t &H
Sears Itoe & Co....,..166H 167H 165 160
Blosj-Sbef 8 A I Co... 62J 64 63 64
Southern Psclflo 00 OWi b05 00
Southern Ky 16) Wi 18K 16)(
6outbern Ity pf 61H 62)i 61M 62 H
BUndard MUllag 60 72 72 72
Standard Milling pf.... 77J, 80 77K 80
MudebilcerCo... 140 145 140V 14 Hf
Studebaker Oo pf 109)1 100 108X 108
Tenn Copper.. 66)4 KM 64)i 65
Texas Co 163H 167H 164 16SH
Thlfd Avenue 6HH 69)4 8H 68)i
Union Uag & Paper... M( 6H 6H UH
Union Paclflo.... 130U 130M 130)i 130)1
Union Pacific pf..,-. SOH 81 80H 81
UUlndAlcoaol biii 87H 83 80)1
US Realty lap.,., 36 36 36 36
USCMtlPftc 21M 21 21 21
Ualted HyslBTsst 23 ) Si 22)4 22 H
Vtim KiUTert pf.. 3 3)i 3H 3H
UtlMuMer 63H 6i)a S34( S3H
U a KtW 1st W....10W 10 VH 100
UltM 7 7M 7H 7 Mi
UttsHeelpf ,...lliH 114W 113K U4X
UaHsd Ctfar U(M 60 Ss SO 66
TJUS OfK MV4 WH m 87
Va-Case C ,..,.... 3W 40 m( mi
Va-Ca Ct pf WJ Mst)( tWi WiH
Va-Ie C4 0..,., M; UM N 8X
WeUt KawKaP ..-. V&U 111 110 110!
WastK.M 13.'H 12444 120) IWi
WetUfigfcMlM ltwfr..7 140 140 lja)
Wsatarn Union TI ... 7U ?M H 7Ui
Wkeel &LK24K". i 84 M M
WWy UTttMU .air Iit in u
MM MMK mU
The city ot Manchester, N. H has
awarded an Issue of 175,000 4 per cent-
bridge and sewer bonds, dated Aucust 1,
1816, and due 1916-1930, inclusive, to Baker,
Ayllntf & Co. at 101.02.
The total shipments of bituminous and
anthracite coal and coke over the East
ern lines of the Pennsylvania Railroad In
August were 6,726,477 tons, an Increase
of 66,812 tons, as compared with the same
month of the previous year. Since Jan
uary 1 the total waa 41,823,060; decrease,
1.W6.432.
Henry C. Frlck attended the meeting;
of the directors of the Pennsylvania Rail
road today.
NEW YORK COFFEE MARKET '
NEW YORK, Sept. 82. The coffee market
SECURITIES AT AUCTION
The following securities were aold at auction
today bv Itarnea & Lofland.
2 aha National State Bank. Camden. N.
J.; par S100 210
5 aha. Farmers & Mechanics' National
Hank; par $100 128
IU aha. Olrard Nat. Hank; par 6100 325
1 ab. National Dank of Northern Liber
ties; par 1C0 240
7 aha. Manufacturers- National Bank:
par S100 125
1 ah. Farmera Trust Co., Mt. Holly,
N. J v 121
5 aha. Mt Holly National Bank, Mt.
HOtly. N. J 35U
48 aha. Ina, Co. ot North Amer.: par 10. 23H
5 shs. Olrard Fire & Marine Insurance..
Co.: par 100 225
120 lhai Farmers & Machanlcp National
. Bank; par 1100 128
1500 Perklomen Railroad Co. 5 per cent.,
nrst aerlca, coupona January quar-
duo 1018 01
1 ah. Bank of North Amer,: par $100... 233
10 aha. Olrard Nat. Bank; par S100.......323
8 una. Penn National Bank; par 1100, ...333
7 aha. Franklin Trust Coj par 30...... 84
24 shs. Delaware County Truet, Bafa De
posit & Title Inauranc Co.; par 6100
(30 paid In)......... ............. 65
4 ahew Philadelphia Warei.ualnt: & Cold
morass Co.; par S10O 82U
3 aha. Flra Asao. of Phlla.: par 50 317
4 aha. Fire Asao. of Phlla.: par VO 81A
4 ih" Fire Asso. of Phlla.; par $30 313VI
a ahs Phlla. City Paaa 144
cth rta.) Passenger Railway.. 344
10 aha. United Oaa 4 Electrlo corpora.
GRAIN AND FLOUR
WHEAT. Receipts. 183.812 buahela. Demand
was fairly active, and. with hujilah pecula
tion In tho West, prices advanced 103c Quo
tations: Car lots. In export elevator-No.
red. spot and September, 61.0091.11: No. i
lid ' Western, ll.lftjl.19: ko. Z.Su'he;nj. "d,
recOR9N.-Iiec,elpf.f !b bushels. Demand was
llaht and prices wero lc, lower. Quotations.
Car lota for local trade, as to i locaU on-No. 2
yellow, 8a5c: steamer yellow, SJSMc; No.
OVTa-lfifelP?;. 74.668 bushels. Demand
waa limited and prlcea ruled In buyers' favor.
Qiotatlona: No. 2 white, none hero: No. d
white, 3940o.; No. 4 white, 37ttiSc..
"FUR.-Rcelir. J480 bbla. and 836 273
lba. in aacks. Trade waa alow and prices
ahowed no lmporUnt chanse. Quotatlona per
106 lb.. In wood Winter clear, new. 4.60J
4 90.: do., stralrht, new. 64.80flS.10; do., pat
U new? I3.1oIb.40; Kansas, clear, new lute
aacka. $4.0003.io; do., atraisni. n.-, , J-- -j-S
ir,.25fl3.50; do., patent, now, ju.s-
IB.75: aprlns, flret clear.
63.50
new, 64.6504.00; do..
OD.toi .!! .p-TSiX'ln: Ak ' ntent
tEJV'nre rsr "iMsViereordo.. .;
OU.1 VIUi af.uu.-. -. '.,.
old. 16.b8a7.10; city mm;.
tent, iiwi.i, ". .
nter. clear, new, 64.7605;
new, $385.23; do., patent, new.
$3.1033 30; 6o.,
vnrtto brands.
choice and fancy Patent, se.e
regular gradea-Wlnter. cle
do?, straight, new, $385.23;
65.25B3.ou.
.. n ntn mm.m ntttakt Mnd
important tSJS W- Quote at $585.25 per
bbl.. aa to quality.
PROVISIONS
without
wero steadily
Trade waa quiet, but valuee were ""w
IB S?USffi& a"nd,eie,nd,ra.f amoaeFan;
alKdrteS!' 266275.. We.U,rn beef knuckle; and
per pair,
10
lee.
18020c.; do., young, per pair, 179
DRESSErj.Them vraa a rntht mltlnt tnr Am
alrable stock and the market ruled firm under
light offerlnga. Following are the quo
tatlona: Fresh-killed poultry, fowla, 12 to box,
dry-picked and dry-packed, fancy, aelected,
10c,; weighing 4HS5 lba. apiece. 18MC. ; weigh
ing 3H4 lbs. apiece, 17Hc; weighing 3 lbs.
apiece, 16617c.; under 3 lba. apiece, 14H0
13Ha.; Ice-packed Weatern, 4H lba. and over
apiece., 18c; do., smaller sixes. 15017c; old
roosters, dry-picked, 13c: broiling chickens.
Jersey, fancy, 24826c; other nearby fancy,
22024c.: Weatern broilers, weighing lU21ba.
apiece, lOei'uc; fancy large yellow northern
Illinois rhlckene, weighing 8tt lba. and over
apiece, 20921c; do. do., weighing 2H3 lba.,
IstflSc.; other weatern. weighing 3i lbs. and
over. 10c: do. do., welxhlne 2,BS llba.. 17
fllSc.; Inferior. 1310c; aprlng ducka.
CHICAGO, Sept. 22. Whlle a atretic;
bearish sentiment prevails In' the rrsie)
market, prices at the ctpenlns; today were
on a par or above yesterday's closing-. The
undertone was firm In the wheat mar
ket, and under a fair demand, with trad
Ina; llKht, there was a good rise In the
early hours. At the end of the day Koeel
advances were shown.
There is said to be no hope for a strensT
bull movement while Canada has the ex
port call. Traders are being advised te
sell at every upturn.
September wheat advanced nearly 3
cents before noon. Cash premiums arrow
ing less ts said to be the cause of Sett-
tember'a activity. Advances in the other
future were small.
Despite the reports of damage to the
corn crop by Tuesday's frost, traders re
main optimistic and prices steady and
firm. Buying- was not heavy In the early
hours.
Oats ran along In the even tenure of Its
way, prices fluctuating but slightly. The
undertone appeared steady.
Export sales reported consisted of 890,
000 bushels of Manttobas and 100,000 bush
els spring for shipment via the tfulf. The
latter Is believed to be part of a cash
handler's seaboard delivery sale. The
sale of 150,000 bushels of oats for expert
was also recorded.
Millers are reported buying. Stocks at
Minneapolis decreased 160.000 bushels In
the last four days, against a gain of 3,
950,000 bushels In the same period last
year.
Leading futures ranged aa follows:
Taat'd's
wneat open, jiign. iw.
September .. lozh 1.0614 i.o:
Deoember .. 034, 03U 0:
May 96U 08 83
fjorn tnew aenveryj
BlSc.; inferior. I5?luc: aprlng ducka. near
by. 16817c; do., Weatern, liiSISc; equahs,
white, weighing 11912 lba. per doi.. $404.75;
id.i.iu;
$2.552.75;
2 73; Grimes' Golden,
(282.50; Pippin. 6202.
Duchess, $1.752.25:
No. 2 apples, iiel.M
waa somewhat steadier at
witn lime cnange
futures advanced 1
the opening today,
with little change In Prices. At the close
to u poiniak iraaing waa
ng t
the
quiet. Total aaiea amounted to only tow bags.
Prtcca follow
September .
October . . . .
November ..
December . .
January ...
February ..
March .....
'April
May ..........
June .....
ju ..
Bid.
Today' a
opening.
6.10
, e.1096.16
.ioao.it)
eis
, a.2o
e.28
H..
S.4Z
ao
O.DO
Today's
close.
eViYfid.'i's'
B.Uba.15
e.l4Qfl.i6
Tea' day's
cloaa.
6.15ft 6.1T
.lrtfl.i2
6.12Q6.14
11,1 'n I
2 aha.
30 aha,
) aha.
tlon lat pref,.: par $100.
J, u. urm i,u, i-.
Phlla. Bourse pref.;
car ilOO....
par $23
par f2a
rkll- llAitr nref.
-aa ',.., A. Lhiiartelnhla a ner cent., in.
terest January and July, registered,
due December, 1U15 ..
54
POM
'Jlii
21
09H
KHoiiii r.22aai3
uiuu,au l.C(U.aal
6,2006.30 6.2764.20
.... . . ip ji ., m .vi
6.4030.42 6.3806.39
fl.4fie.44
6.5208.51 8.4838.49
MINING STOCK QUOTATIONS
TONOPAH STOCKS,
Jlra Butler
uiaa
,way
Mlspah Extanalon
Montana
Northern Star ...
Tononah Belmont
Tonopah Extension ...,
Tonopan Merger
Tonopan aiwif
...............
,.....i. .......
...... ..?..
.......a.....
., .....
Bid. Aakad
I"
Wasalwssiii W W Ce...HaM
tifiLHntarm
'onopah Mining
Rescue Eula ...
Wast Knd
QQLIjFIKLD BTOCKB,
.t
16
2 7-16
.61
.00
I;lU JJUU .fe...'.
JtiOOia f'fsetftkf
HUUuOk' ; f jt
Comt
'!.:.
oa.b Vrftctton
es7;4f t
4t"
eetMeeee
.20
:ii
.-SI
.08
,03
.04
.46
ISO
Ooldned Merger ........ .....,, ,18
jumoo caienafun .,........... l.so
Xewangs .....,,,,, .,,,,, ,38
Oro ...... ........ ..,, .....,. .07
Sandstorm Kendall ..,..,,,,.,,, .11
srtlvar Pick 06
MWCEIAANSOUB.
,Harw .,...,.....,, .as
Dl&mond nU B. 18.
Fioranc 't-iti'ttxfMiffMii
UQiaiMiq wOv
.16
.21
.a
.u
.68
53
.62
.W)
:i1
.03
,W1
.IU
,08
.08
.47
.m
1.40
.40
.08
.is
.08
.
.06
.IV
COTTON
NMW YORK. Sept. 22. Declines of from
2 to 8 points were shown In the cotton msr
vet on the opening call this morning, be
ni'tn bo Sua to profit-taking. Buatneaa
U.m smaller than it bad been on
.Tri the varloua Interests operated on
sldee. Wall street nouses taxing tna near
months and selling the distant positions. The
Liverpool market waa about on a parity
with local quotatlona yeaterday.
A rather definite report that a big bull pool
had been formed to operate In the cotton mar
ket lifted prlcea all around In the afternoon,
and the rloae waa 8 to 13 points above Tues
day's. The pool'a operatlona are said to ba
baaed on the small new crop and hope that the
,Uiea loan win l-imf iv way tor aeavy
Tuesday
both
ao., ao., .'"i -.-:'K.-a .nrt averace.
ikniiMara S P.. cured, loose, Bty87i.5 do-'
!v.d OVTbOHc: bellies. In pickle, according
LT9nSiv?rfeS
160.1 breakfast oon. ".. . -".8 Mfllics
ciiy.
pure
15Utt
1SW0
ifS,". lard Weatern. refined, tlercea, 8OUc;
i?"do do. tuba, 8HB0C.: lard, pury city,
Vlluf'i.JZ.A. 'in 'tlera. 8Be.l lard. pur.
city, kettle rendered, In tuba. 8i0c
REFINED SUGARS
The market ruled .teady, but . th.r, , wa, , llttl.
tiadlng. we uuu ......-.-..--,..-----
powdered,
t-.-r..i-.-rt R-HBc: extra nne an
ara i"'-'r-'.j a In :, cnnfectlonera'
5.30c; powoerea, o.juo.. v
5 20c; soft grsdea, 4.43eS.05c
DAIRY TRODUGTS
nttTTER. The market "ruled firm under
UUTiart. . f.iriv aetlva demand,
?rmww.lc higher: Quotation.: .Western
LV.I'-.Xi.i? creamery, fancy ape. lala, . 28c 1
oii-i- -- ., --,- yUfl.l nravi
exports by adjusting the exchanr ma
yea. close. Open. High, 1
January 11.63 11.61 11.84 11.
market.
December .. ..11.4?
October .J-!2
March .......U.O
May '?
July J,5
Spot .
11.43
1L02
11.83
12.03
12.11
11.40
11.73
11.81
12.08
12.30
12.33
....
Close.
11.40 11.71
11. U9
iai8
11.75
12.01
12.08
11.60
11.18
11. Ul
12.17
12.21
NEW YORK CURB
Bid. Aske.
IM
,. 14
' ff'4
:: 88"
... KH
. .ioa
JiJ
t . IH
BAIMLYIK
Am Zlno"...... '
Srltlsh-Amerlcan Totaoco 'eld' ' '. ',
British-American Tobacco new.
Oar Light . ,,.;-
golafteld Consolidated ,
reena Cananta
Keno't ropper ,
Lehigh Valley Coal 8als
Magma Copp'r
Otli Blsvator -t Jj
Otla Elevator pie. ...... ....... vi
Illker.iieapi ....................
Submarine
it ..Ilrttf tllinrl . at.aaiajiaaAajaaajia
S.l!.i Products 60
United Cigar Stores , 5
United Clgsr Biorea pfd. .,....,., ,110
United Profit Sharing new 1W
World Fllnj . J
Yukon Gold i
BANK CLEARINGS
Hank clearings today compare with con-
.pSfdfig o-y ta.W- .r..94 JM.
Phlla . .,,,30,2a2.0 tn.lT8.T30 f2T.TlT,eOT
W Vm' "in'.)! R-f all l7 fill ft fcAi rtfj
IS
vivaw-'ri " -IT" A . Alng t
;,.adJ..aeconda.,23tf21c. 'lobbing aalea ot
fancy prlnta, 6IOS7C.
' , i nrm with demand readily abaoro
f"pl.yil"onffftsV W.quot. a. follow.. ,FT
. ...k ms
were In small
whlte, welshing 8B10 lba. per doi,
white, weighing 8 lba. per doi..
do.. 7 lba. per dot.. $2.1002.65; do , 608M lbs.
per doa., $1 6W1.70; dark, $l.30SL75; small
and No. 2, $1.
FRESH FRUITS
Choice stock sold fairly and values generally
ruled steady. Quotatlona' Apples, per bbl.
crab. $334; Jonathan, $2.5003.23, Blush. $2.23
e.1; aravensteln, $2.25fi2.7.1: Wealthy, $2.23
2 73: Grimes' Oolden, $2e2.78s Summer Rambo,
du; omokenouae, S2CTZ.50:
other varletlea. 11.5002:
.50: crab aDDlea. per huah..
23350c i peachea, Virginia. West Virginia,
weatarn Maryland and Pennsylvania, Elberta,
per crato, 50c.$l: peaches, Virginia, west Vir
ginia, weatern Maryland and Pennsylvania. Kl
borta, mr basket, lS750ci peaches', Jersey,
fancy Elberta, per tt-bush. basket, 50300c:
cracliea. Jersey, other klnda, per baeket. lttt
40c. i peachea. New York, Elberta, per basket,
35050c: peaches, Ohio, per basket fancy, 000
75a ; fair to good, 40850c; pears, per bbl.
Hartlett, $4.25S4.50: Seckel, $45.50: common.
$1.50tf2; Brapes, Delaware, Moore's Karly and
Concord, per carrier, 50363c; grapes, Dela
ware. Moore's Early and Concord, per 4-lb.
basket, StfHc, grapes. New York, per 4-lb.
basket Delaware, 124113c; Niagara, 10912c;
Wrrden, DillOc i lemons, per box, f2f?3; pine
applea, per crate. Porto illco, $1.5003: cran
Iwrrlea, Cape Cod. per bbl., $306; cranberrlea.
Cape Cod, per crate, $1.7503: plums, Southern,
per buen.. si.zoaii.ou; piuma, Virginia, mm.
son. per 20-lb basket, 40050c. ; pluraa. New
York, per 20-lb. baaket. 200 50c I pluma. New
York, per 8-lb. basket Dradshaw and Niagara.
15020a: Heine Claude, 13020c; blackberries.
Delaware. Maryland and Jersey, per at.. 406a,;
huckleberrlea, per qt., e8c.; cantaloupea. Cot
orado, per flat crate. 85c0$li canUloupea, Col
orado, per standard crate, $2.2502.50; water
melons, per car, $1000250. f
VEGETABLES
Til market waa quiet and without important
change. Quotatlona: Wnlta potatoea. Pennsyl
vania, per bush.. 30050c; do., per
50-lb. bag, $101.23: do., Jeraey, per
baaket No 1 Itoaa, 80032c I No. 1 other va
rletlea, 25028c; No. 2, 10015c Bweet pota
toea. Jeraey, per baaket-No. 1, 230S5ct No.
2. 15020c. Onions, per 100-lb. bag, $1,269
LB0: do., Jeraey, per H-buab. baaket. 35040c
Celery. Now York, per hunch, 15050c let
tuce, New Tork. per 2-do. crate, $1.2301.50;
do., do., per 3-doa. crate, $2. Mushrooms, pr
4-lb. basket, 5Oc0$l.
r. uii
'5il tl
September
December ,
May
Oats
September December .
-May
i.aro
September
October ..
January ..
Ribs
September
October ..
January ..
Pork
September
October ...
January
714
581
871?
7
37
73
5S
B7T
8
85'
87'
I R
71
8514
57
8.10
8.52
aoo
8.35
Md. Asked.
.12.50
.10.00
a."i6
8.53
8.00
8.40
12.80
15.07
8,03
8.43
7.03
8.27
t?5M
oi?a
35
37)1
8.07
8.07
8.50
8.00
8.00
8.32
lil
1W
7
fse
m
8'
8.M
8.80
.... W.SO
12.40 '12.50
14.00 14.8T 14.
Western Rate Order Extendetl
WASIONOTON. Sept, 22. Tho Inters
rAnTi,.-r. rnmmluloa extended tha aSfetitlve
riato of Its order In the Weatern adv
rata case, ao far aa It relates to rates
packing bouse product, from SepUrotMt
to December 31, 1815.
Named Rock Island HecdTer
TRBNTON. N, JU.RjPt. 22.-VICO Oiaaeat
tor Stevena. of the Chancery CWurt, hanaad
down a decision today making Chaunoey .
Parker receiver for tho Rock Island Railroad,
Suggestions
How to Invest
for both large and small
investors will be grW
those who write for ojr
Circular NoL-143.
A. B. Leach & Co.
Investment SectKitMa
115 South Fourth Str
PbUadelpU
Naw York Chicago
Boston London. Eng. BaltlsaasjS)
80c per doi.; nrata, $7.bO
eatern
" W.'.JlAmiA' rasa: nearby current re
?'" rii vnaina nr caao; We
" - a atAi ivaaisrn niirM
1P. .V-SX& SS SSi flrst.:" $7.6007.80
nrata. """ ,rc.-d candled egga were lob-
oer eassi r7 ""iTi
W5r!.ilSf.,rTn.a war. moderat. and the
ulad ateady, but tnere
:-. niiAi.unn. lunun. ,.n
imo.ins.i- irniei5Vtc. aneclala, blgli-
ood. new. HWU15o.i part
market
rnitn. lane;,
ii; do" do., fair to s
aklma, 6012c.
waa llttl
lork. (ull
POULTRY
ttvv Thar, waa a fair demand for de-
m. stock and the market ruled firm under
ISneupUee. Quotatlona: Fowls, aa to site
I?,?aiuty. 16017WCI rooater. 11012c i aprlng
!hiesns according7 to quality, 180l7c; ea
SSitloMi lotV hlgner; ducks. Pekln, old. 130
itl To.. IndUn Runner, old. 1213r ; do,
young, scoordlng to else. 14015c; plgeona, old.
Chicago
49.620.o7 44.u87.614 61.WJ.6f
RA.TES FOR MONEY
Call. Tim-
Phtladalpbla ,,..ul. ' MK tuti
uosloo ,.,,,,M,..,i ;,,, Jsjwfi
Soundlnvestments
Frazier 6- Cb.
Bankers
1S2 S. 16tk St.
MKBCTOKY OF ACCaPNTAsTM
CsrtWtsd I'ubHe Accnnntstftj
i. iiasJAK0 tJife,..,
u ugunu 1 w
INFORMATION ON STOCKS and BONDS
Our atatlstlcal department ha detailed information an sill th. staa4wra
ectrrltl'. Wo wilt be glad to have you call or communicate with ua la raawd
to any security in which you may b. interested. Commission orders aW
listed and unlisted Stoeka or Bonds will bav. our careful tteatioB.
Partial payments may ba made on purchases of standard tas.
loveatment list ultaUo to your Bead will b. subsaUU4 uJ raaaatt.
DECIi JI MnonAM A m west osna Trust wag, i'fcu.
nLiLiiy ;a mvnwui ia vi Members of rhlla. Hek
Brown Brothers & Coi
fHILABssCriHA.
Spedal Payments in
Countristg
&BftatllL SSSffl VMsMsVaifl sVlsMsf 0 mAJ2sUr' VasMMiilMMBtfHftB Sassttsksk. sast
tssfarsjM sVaT aTJasssWVaal n SjP'. VMsssHB wsnMsnHHMP OTHPwsOTP '
Higiktoisf eC rriwiag W rclf te Wfr CmUk. r IfetartM
UH i tk MM Of bfa3J , CM k WTsUsfM jtfcrtMtgfc u.
'.f
r:
ol
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Va
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ICSilcaaia . ......... ! t
num.... 10W VH MM MM
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