V J,
I
EVENIN& LEDGEB-PHIUADELPHIA, MONDAY, SEPflfrMBlEft 27, X9XB?
FINANCIAL NEWS
WIED DAX IN WALL STRTCF.T-
BALDWIN CROSSES PAR
Gfeneral Motors, Crucible Steel and Others Score New
High-Record Quotations in Violently Active
Session Du pont Operations Watched
w4rSctYS ir 5rTurr lots rcsumpr ,f bui,ncss ,n
fa th "uwi?nB Om2 f ." nt" hnd b0UShl C0"lV h Mr factor
Ll. Va Tho case Nor L CmPany WUld ncUher n,Hrm "" dc"y that
.TinXnc rZLC '1 ft"y ."tlon bo obtained of the rumor
' - ..; Hi, ot-nwno,
ThJcTks Samo'T CKarded M the ch,c " tlmulinl.
e?mplXn of tho blr Tol "T th r'80 rCflccl,nB tho that the
- S "f tho red me, ruXtnea8 T TT h"H" "'
Wa. one of the strongest of thailS iss '" ' " e.., . .
" nuX-a tw Mi" T8CLed ft 8"arP adVanC0 f 8er- Po nt".
. M1 seTth st k wSn-T.. CmPany WU,d flBUro ,n the M"vala
' il "cored ftt Lew iT , to. th" hlne't v-ls In years, while Crucible
.. Weel. 8C0r.ea. a new high record. New tons for the vr -,.,. .....mi........
to New tow Central. Erie. Pennsylvania and Southern Hallway. Dlsllers
.Industrial Alcohol Bought higher levels because of the heavy demand for
alcohol from the manufacturers of explosives. aemanu for
rt70yB:rz n !iui" b- . ver .
New
York Stock Sales
... laelclee. High. Low. Close.
'k Odd M 32W 3.I' i 32 32
A "-Chalmers Mfe... -i2!j 45 42M -14
A Ills-Chalmers Mfg pf. 7a 7-1 7.1, 73",
m, t'Hemlcl 02", Oil. 0U, 03!.
Am Meet Sugar OIH 05 04 04!.
An fn 02 0M, Oil, 04J,
Am Can pf 107 107 107 107
Am Car a Xoundt j. . . 7.). 'QH 7fiW 79
Am Coil Products 161 lMtf 162W 15451
a tm fvu. rtt Kia mi ,.... ..
..... vU,,u u f).,,j M 0t ftJ
iin lotion uu pi Ho
Am Hide A Leather ... lit'
Am Hide A I, pf 4BH
Am Ice Pruritics 23
Am Unseed jgir
Am Linseed pf 35
Am Locomotive 01'.
Am Locomotive, pf jig
Am Malt oj
Am Maltpf 20) i
.im omen A Her RS
M Mil 1 Hef pf
a.
1W
481.
22!.
10
34(
(11 u
08.
7H
29
87
00
12)i
48H
22U
105i
35)(
0CH
1W))
7i
21)
87
iR. mm H... .v, , T.T." ..'" ' - lurttn" Dove 1". a rise of over 16
uviHtH ... hh ua uj niinn iipi n n n nm l?i . . . i
"-- - TT5 :r-2srsu
. MltlnB- n...l .1... ;:. ' . "" ".- "W ",8n- " Wa altOI
... lllu reBumpll0n or business following tho lone
reHcan"ocoblt,;,C!OCk- "T SrjlS !" uTTncS
American Locomotive became a buoyant feature In the afternoon. It was said
the mornlnB mall brought more orders to the commission houses Van ever
reartr.. w !; " uunmetiH bi mo opening was so great that the Stock
WlWhango facllltes were found Inadequate. Sales were made at widely vnrJS
prices at tho same instant and about tho nam ., ' t. .. !.:. 1.5 nB
possibility for the messengers on the floor to secure correct rU t th
sales and for the Stock Exchange reporters to place them on the record
The name of du Pont was heard everywhere and hailed as the new leader
in Wall street. Several of the family are said to be conducting operaTlons on
a scale not seen since the days of E. H. Harrlman. Others LsocTted wHh
, them are said to bo S. M. Pryor. of the Remington Company and J J Hnfcii
the latter belngln active control of the market opera"" r tn. u" HI.
transactions have been cleverly masked and In tho acquisition ofcon.1
General Motors not an inkling of du Pont Interest reached the pubUc until
the directors' meeting was held, the ,50 dividend declared and the names o
the new nominees for the directorate were given4 out.
Heavy Orders for Alcohol
The United States Industrial Alcohol has closed a contract with one of
a the domestic powder manufacturers for 120.000.000 pounds of alcohol th.
largest individual order for alcohol ever placed in this country On account
V?l "T,1,? ?? ,faC,mlC8 f the P,ants of th0 A,coho' ComSS. the contra"
will be filled Jointly with tho Distillers' Securities Corporation contract
Inquiries are becoming urgent from representatives of the French Govern
menl ; for supplies of alcohol. All stocks of alcohol In Franco have been coml
mandeered by the Government and It Is assured that large orders for the
French are Imminent. lno
Receiver for Missouri, Kansas and Texas
ST. LOUIS. Mo.. Sept. 27. Charles E. Schaff today was annolntPrt -
eelre for the Missouri, Kansas and Texas railway company by United States
Circuit Judge Elmer B. Adams. Mr. Schaff is president of the rood The
receiver was named upon a joint petition by the Railway Steel Springs' Com!
pany, of New Jersey, and D. B. Hussey, a tie contractor. 0"rlnBa -ni-
WHEAT WEAKENED;
SEPTEMBER ACTIVE
Report Current That Canada
WouH Remove American
Duty
CHICAGO, Sept. 27. September wheat
waa again the feature upon the opening
of the grain market today. It opened 3i
cents under Saturday's closing quotation,
and then .made up 251 cents of the loss
In the early hours. Offerings wero ex
ceedingly light and small sales easily
swayed the price. Cash wheat drawing
closer to September has given the latter
strength. Other features broke about
eren with Saturday's closing prices, but
possessed a wavering undertone.
September fell to $1.03 at the close, with
other months also soft
The report that Canada was to remove
the duty from American wheat, to take
"vantag0 ,of the reciprocity treaty and
get Canadian wheat Into this country free
of duty, and: the varying reports of the
Progress of the loan to the Allies, kept
JJP a constant nervous tension among
traders.
Farms are stubbornly holding back
Momenta with the expectation of getting
.w a bushel, as they did last year, but
H Is reported they will not be able to do
J' " lh0 eJCPOrt demand Is far beneath
Tr?u SC.."14, In fact- " ls estimated
united States must Bhlp out 1,000,000 bush
el! a day tO dtanniin nt tti Biirnlna nnrl
iii. i.t . t.7r . "". "", ""
tau iior Deinir finnA mnt itAnt v
New York Bond Sales
Wv-
"-- ....D uv.w bVIIBIOlVIIHIl A
PCrtS lARt nAlj' M.l.,fl tIYMA l .... -
" . .. "-v. iwmicu OWll,WV UUBIlCia Ui
neat, of which 1.S96.000 bushels Went out
?LSluri. U9'000 bushels of corn and
7S?l0f .oats The 1'aclfle coast shipped
KUXW bushels.
ie(iuif futures ranged follows
BtpUDibtr .. 1.03 i.oiiji
Cim (new delivery)-"
JcemUr .. tw B5H
"if ........ B7 67
Ijavi,
l.m
Oat'rl'a
Close. cioa.
O-Vi
l
wH
89
aau
s.so
8.72
futm
gfptemUr
pecembtr
"U-
gptmbr
October .
Janury .
nib--.
September
October .
Unwary .
, rorn
BUraber ..12.02
October ,....12.86
January . .13.40
l.tEt
tuu
37
1 iiiii
81
70)
57U
3D
38H
35Vi
H.32
8, K(
MX ;)Bti :wl
37U Slit 08
S.4S
8.60
8.63
8.80
13.00
13.03
IS. 83
S.SO
8.87.
AS7
8.B7
R.80
8.27
8. SO
8.87
8.87
8.80
8.23
18.20
8.07
8.40
8.40
18. eu
12.1)2 13.00 12.79
12.83 M3.05 12.78
15.40 15.83 13.40
COTTON AT NEW HIGH RECORD
NKW TOIXK. Sept. 27.-Further atrensth was
tutplayed In the cotton market thta mornlnc
nil new high records wars established. Price,
pn tbe tall wr lb to 20 points higher and
uuslnesa was on an enormous scale. Thtre
yaa beavy co.verlnir of shorts by houses which
ail been bearish tor a. long time, and but lor
Kofit taking by some bulls a more sensational
advance would have been recorded, fluxing
generally around the pit. The market
M I4veitMMil tama altshtlv tiat.ffi than ar.
(acted afid private cables aUtad that there
aajilnj Marf ,i
a il t vmit '
-rlce Continued to rise In the afternoon
!?."'' $f wirl level lwa from 39 lo 10
i-m ,lf9ve last Mk
Hit. elAk. fln.n'
jUHUry ......lit.tO 12.27
Ij-wwBar . ...ji.oT
....ii.rv
fH2J Adr.ms Express 4s.
iJSU mer iSmelt e
iVS" Arner Tel clt 4s... ,
27000 do cvt IK
;;SK vr?ur co 4Ws 02
ii"iZi cnion aaj 4s 83
il& do cv 4s 1U35 92
?2K adLcJL4 J( 104i
7000 Atch avsns 8 L 4s....
2JHW Allan Co Une clt it . M
22000 Bait & Ohio s....?" . S7U
8330U do cv 4-is....".".. M
1000 n & O P L E & W V 4s 78
lWO Halt & O Swn 3Ms:f fcSU
21)000 Uetb Steel 1 3a.. ..,.102
0500 do rfd Sa KO',1
2000 Brook ltap Tr 3s 100
l::wx) do c -18 ...1W)3
SWiO Cal Gas & Elec 3s 4
SOiiO Canada South 5s 100?i
roou Cent Leather 1st 3s...l(X
HO.) Cent Pac 1st 4s 8HU
1000 Chill Cop 7s uani
.UOU chea & Oh cv 4Ws... 78
Mio do 4a .. s.i
iuj oo as
5O0J Chi & Alton 3Ha....
11)000 Chi at West 4s
250OO Cht & Nwn gen 4s..
2CO0O Chi 11 & Q joint 4s.
250UO do gen 4s
1100O Chi U & Q III 4s...
4000 Chi M & St I 3Vs.
4100 do cp 5s
50000 do cv 44
2000 do gen 4!j
4000 Chl Mil & P 4s....
1000 C C ( A St I. Ja...
jnnii K.i ,. u .i- . . . n-.'
230OO do ref 4V4s 71)14
2000 Con Uaa cv (1 ,..117
1000 Cumberland Tel 3a., . 1)7
S2O00 Del & Hud 4s 1U....100U
3O0O do rfd 4s m'
MMX) Den & nio Or 414
HOOO do rfd 5s 45
10000 do S 7ii!
11)000 Dis 8ecur'con'Bs.... (W
" uu I'OIH 1'OWd
2000 Erie cen 4j
MX) do 4s Ser A
13OO0 do conv 4a Sr n
15000 do nrlor 4s Ml
looo Oreen Hay dab II... . Hrj'I
2000 Gen Elec deb 3s....lii2lJ
70000 llud.Man Ins Bs.... . 2"ji!
201X) Hock Val 1st 4U.e. 88 v?
4000 Indiana meel Cs,...101 '
' .P.1 cnt ref 4a.... 43
2000 111 Cent rfd 4s 83)4
1000 111 Chl Lt B IX)
l-l4M)fl M t J& at 1. r. f. mm tm
- - ' a ,iAf.,in
"WW illBp CV
uu interb
N7IHU1 tnl.rl.
170HU0 Inter Mer
High. Low. Close.
.. 75(4 73)4 7S',i
..101 101 Wl
..107 1117 107
.. 88 SMI kHV-
lo:!& tai irrttl
? S.i ".V'f
- .'-4
H. 82
01(4 01
104(J 1(MU
S 80
M 8.1
80". . S3H
8SM
101'i
III) M.
Am timelten pf 11. .
Am Steel Foundries. .
Am Sugar IU-flnlnz. .
Am Sugar Hcf pf . . . .
Am Tel A Tel
Am Woolen
Am Woolen tr
Am Woolen pf
Anaconda Copper
AUUi I A S r' .
Aich task pr . .
Atlantic Coast Line. .
liildnln Loco
llaldvla Loco pf
Uiltlmore A Ohio....
lialtlmore A Ohlojif.
n.topUaj Mining.-..
Bethlehem RIm.1
llethlchcm Steel pf 170
(XI
12U
40U
23(4
'Mi
:!.
71
100)i
7
:ki
KMK
l()7'I HWU 107f ltKll.
8UH SOH 80). 80)1
. r,iu mi As)i
109 HKMi 109!f 10JH
. 110 115 114). 115
125!f 125M 12511 125)i
... 6.-i 55, 625i Si
52 53 52 62
l)f 05 05 115
v. TJ't 7-Uj 7K)t 73j
10IH 1055, loth 10i
10U)i 100!i 100)i 100U
. 108 108!f 108 lOS'i
... V3H 11451 00), um
.. 107)1 110), 110 110),
... 89 89! 88K mi
... 73). 74 73M 74
... l)i 1( 1)1 1!.
V.350 300 350 300
170 159H 16U)i
bU eS U0
OOJf
31
21)
49
FOREIGN EXCHANGE
Sterling Opening. High. Clo.e.
Demand .. 1.70 4.70 4.70M
. 4.7IW. 4.7tV. 4.7ty.
t'el.lea
Iranr
Demand
Cables ..
Mark
Demand
Cathie . .
8.87V4
8.884
8S.4
83H
8.87H
S.8AH
83M,
8n
K.87H
8.11(1)4
83
8J
Ye.
Close.
4.70H
4.7t
8.87
8.88
MM
SSH
BANK SURPLUS EXPANDS
Sales in Philadelphia
Local Reserves Nearly Thrco Millions
Larger Than Last Week
the surplus rcservo of the local clearing
Anlncrease of 2,903,000 wn. shown In
house banks for the week Just ended.
Loans expanded over 3,00il,00u, while In
dividual deposits rose- $3,771,000. Details
follow: a
Loan
Iiltir (ind.)
Clrrulatlon
l)i)e frnm btinks
Deposits of Link....
K... Clearing llniteo.
Itverve l.cl.i
Vr ere re'iulred . ..
tur.iu
Sept. 27. 1PI.1.
,..4.HMl7,OfiO
. . . .lw.4'J!i.im
... 11,077.(00
. . U1 411 1,01)0
.. . im.iiii.ioo
... 13,743,001)
,.. U1..43.I.M0
. . i),.ViS0(ni
Hl.OTS.IOO
Increaae.
3.17J.tIO
6.771,(00
2:i,0i0
SJma.wo
7.0IM0U
S.'.IKl.lKli)
4.0ll,0l(
1.IMt.l.)0
2.1M),(I
85
00
30
205,
47
rooldvn ltanld Tr
rilutte & Superior...
Sutterlclc Uo
Cal Petroleum
Cal Petroleum pf. .
Canadian Pacific 102)f 103
Cent leather Co 50Ji 51J
Cent Lealher Co pf. .. 1005, 107
Chesapeake A Ohio..'.. 5l)j 5U
CW110 Copper 455$ 4i
Chicago (ireat West. .. ;)( l)j
cui at West pf a;ii 33!
Chl Mil A ht Paul. . . . K73i 89
M &M Ppf l2o)i 125
I".? ?. 0tl'sl 129H 1305
till It 1 Al'ac 21 21!.
Colorado Knpl I Kr.te Kiit
v.onu)iiaaied aas...
Continental Gan . . .
t'onllnenUI Can pf.
Com Products Kef .
Corn Prod ltcf pf. ..
Crucible Sll
Cruclbio Steel pf ...
Cuban-Am Sugar...
Delaware' A Hudson
Den A IlkMIr pr. ..
Detroit United Ity..
Distillers' Securities.
Dome Mines
Klectric Stor Dalle ry. . ffj;
60
31
20),
40
102
50! i
107
505 i
455,
13
33(
88
69
31
20).
40
103
fiOj,
107
60JI
40
13
33! f
8S)t
124!i 124)1
128)1 130!i
21 '1 21) j
M!! 65)1
Huipliia under old torm: September 20, lul.'l,
f8.J71.O0O; Set.tenil-er "0, 1012. in.W.OOi; tfi-t,.
tembr 23, lull, 0,(L14.5oO; September 20. 1010.
f 11,178.2:0. ' '
NEW YORK COFFEE MARKET
NEW TORK. Sept. 27.-A better feeling pre
vailed on the Corfee Exchange early todav.
After closing on Saturday e to 13 points oil,
the market opened today at an advance of
2 to 12 points. In the afternoon a reaction
set In and sent prices ort 1 to 0 points. Total
salea amounted tn 27,730 bare. Prices follow:
Today's Today's Ycsterday'a
opening Close close
.... tU1.Jill.01
.... B.nnnnoi
.... R.00f)ll.U2
.no." n.oofl.oi .02(Rii.ai
. (i.lsfln.o fi.o4ne.03 (lo-tinai
.fl.13U0.23 R.O'WIl.O!. n.lljfll.ll
. u.20 11. 12s a 11 11.nif.11 is
. a230..10 .... .2tlR.21
. I1.215K1.20 .23fi0.2l 1V2M1II.'.1I
. n.3.-.H.4o .... n.33Hn..u
. n.40ff0.4I 0.3580.30 IWIH.II40
0.13 .... (UlfjIU.-,
Krlo
Krlo 1st pf
Krie 2d pf
Kcd Mln A Sm pf.
Uen Chemical
General Kleetrlc. . .
uencral llotors
120)1 131)1 i:iO!i 130;
00!i 91)1 01 03)1
100 107 107 107
18 10)1 18)1 10W
M)l 80 84)1 80
. 05)1 103 00)1 10151
.108)1 110 108)1 109)1
110)1 123)1 110 110
143 144 144 144
115, 12 )1K 11).
WJ G051 GO). 005,
31)i
23
78!
32)1 3i
53 635,
41!i 41)1
48)j 48)i
!7)1
285i
:r'.
525s
.415
4854
288
30)1
22
77)1
33),
625
41)4
48),
288
.2S0)i "88
174 178)5 174), 177)1
ff.il 'jrvt .-i. .!
.. : r- - ni uw otni iuj
oeneral Motors pf H-j H45' 114 114H
Goodrich II r Co UOJ! TIM 70J1 71),
Goodrich U F Co pf.-.lOSH 1095, 109H 109)i
Great Northern pf 122 122)1 121)1 1"2
(it N cfsf.r ore prop. 44)1 405, 4551 40)1
GUBBenhelm txprn... 00 00), 00)1 00)1
Illinois Cent 108 10S 107 107
Inter Nickel Co tr 215 218H 215 215
:Js.,:!.,Sfh;"--i! m .?. m
.. .....vuuum. ,.... jyj uuj
Inter Con Corpn 20) 21
inter lou cor pf 75 . 74)1
. 03
. 4314
. MM,
. I)2U
. D7
. 1)0
, IWi
.711)4
.10.11;
. 1)0(1
. ll.S'J
. 874
71)4
4a..W2H
i'.)
1.0
ray.
ii..
looij
Vi
loo?i
100
Kill!
111'
78
8..y
Wl
4314
KB).
IKli
1)0)4
U.I
2Ji
7(1(4
1U1
tSJs
87!i
71Vj
8(1)4
7ll',ii
113
1)7
10014
03
'1 a
as
u
(IS'.i
.4
H
72!i
SO
KK'i
102',i
2(IA
(vSlJ
101
43
!W
nn
145
Met 4)4a 74(4 71(4
H T ref fla.. ml, imij
.V.CC. V"" m'r or ) " lIKi
;,J,' Jl,Pa,1" ? O tf 4!a 7:1)4 73 J
1000 do 1st 4k, 7W,j 7M5
oooo Lack Hteel Ba 1023.. 05)1 l
45UM)
riifsm Hn R 1111 ...
7000 Lk Shore deb la IU3I P01
IKXJO Llg & M T 6s 10211
1000 Long Island rfd 4a.. 8214
41HW Lorlllaid Ba
20O0 do 7a .,'.
WOO I. & N 4a
000 Manhattan Rta 4a...
.'1000 Mo Kan A T rfd 4a.
rooo Mo Pac cv 6a
4000 Mo Pao col 3s 1317.
33000 Mont Power 6
14000 Nat Tube 5s
6000 N V C-M C col 3Ua.
2000 N Y CA It 3(4a.....
663000 N Y C & II Us ret..
aw n ru&uii.
lo4
Uii',4
100
KHh,
94
100?;
100
Kll'i
11.1
.8
hOi
U.I
43 'A
IIUV4
02-4
07
10
.12)1
7111,
101
llOU
ll"!.
&;;
liu
80).
IU1,
117
7
100!,
:
10
44
Hi
70
(13 !i
102.
bii
4H1
2),
801,
1021.
102J4
20(4
88(
1U1
45
83(4
(lfl
14314
144
7314
7H(4
int Harv Corp 09)4' OS
IntllarvNJ 10SJ. 109
imer Met vol t c 21
International Paper.... 10
ln(cmat Paper pf 30
Inspiration Copper.... 35JI
Kan City Southern.... 28
Kan City So pf CO)
Krcsco S S Co ICO
Lack Steel 70
!1
11)1
40)1
30)1
28)j
01
100
82).
30 39
20 20H
74 74
08 OS
10051 108
20 2051
10)1 11)1
Laclede Gas 101)$ 102
39H
35)1
27J1
00)1
100
77)1
40
30
27K
01
100
78).
Lake Erie & ffnt.
Lake Erie A West pf.
Lehleh Valley
Liggett A Myers pr . .
Lontr Island
Lorlllard P Co...,
OK
235t
0
22
140)1
118
48'f 48
17051 175
Lorlllard PCopf.... 112 m
ua u
uU
IH
00 (i
I private cable stated that there
a little realising with night hedge
that th victory of th Allies had
h j......
2.S8
I-ow. Close.
12.25 12.52
12.10 12 38
11.70 11.08
12.111 12..1
12.7U 1202
12.01' 12.04
' lid
BANk CLEARINGS
cla4g today lconipar with corra
Pfc'aiil aVay Taat two bears)
. . ' -B , T 1014 1013
-.U8,SKW.8ir I15.ial.1f0 f1H.82l.V!
a!aaSt.Ml.fMH iiain.VMa 121.835.111
yasax,.'ltM,7l2,tft ltp,tU)l,57U S2i,321.Ml
,2 80,71.432 U3.2III.P73 55.08,(CI
au
lKATWi FOR, MONEY
Call..
a Hi
U3
-LiatJ
,aaaM''?.:r::.'!:"',",,f J
. (1 4 i
. i-A
SI.'
ulai A
SSimtrnt, JJaJJ
TliTlat.
U1VI
at at
N-iTttJW
LVaW
TW
' wa
iMtalailaai 1
vrSCsU
in
f.Z
121
IH)I,4
, 87
1 40
. 34
, S1U
ui ;
llS'i
70
78
.100
KM
S7
98
wai
102(i
10J
110000 N Y C it 11 4U.
2000 N Y City 4s 11)59. ...
HOCK) N Y City 411s 1IHI0..
5000 N Y t-lty 44s 1UU.I..
1000 N Y City 4Us 10(13. .
37000 N Y City 4Ua 11)81... 01)14
2000 N Y City 4V4a May '87,102
4000 N Y City 4)4s Nov '87. 10214
.1000 N Y N A II cv 3(,a tw '
2000 N Y Itwy raf 4s...... fa
7000 N Y Itwy adj fia 51
53000 N Y Tel gen 414s. . . . 08,
3000 N Y W C & B 4(4s. . . 7714
.0000 Norf A West cvt 4,s. .113U
14O0O do 4s 7. ., 008
02000 Nor Pao prior 4s DlC
57000 do gen 3s 03(1
2o0Ti0 Penrut gen ct 4',4, . ... 7I
C5000 do v 4)4s..... 10:1
lisJO People's tlaa 5s 1004
150J Ray Con fopper da 110
.-1.MXJO Heading gen 4a Pi'H
10000 Hep Ir A 14 6a 14 44
2JO0 lllo Or A W clt 4a . . 70
inoro Ilock Island 4s 80(4
2600J do rfd 4s VJ
piieOO do 6 44(4
iOu.8t Paul M A M 4W....1CO
220(O Heaboard A L adj 6a., KI1
.vaki Huth Hell & IWZ
1O0OO South Pao col 4a. 83).
bMKJQ do CV 4 Kl
11201U do cv ret f p 6a Wi.lKi'i
41080 do rfd a... KSV4
1000 do Term 6 78W
R5000 South' Itwy gen 4s. avi
IIO00 do con 6a ........ U7"i
7i00 Tens Co cv Ca 10S1
uuu iiiu. v. aa . .... rw-.
StODO do adj 5a nY,
6000 Tol Peo A W 4a.... 48
ni l
01 01-i
1)8)4 084
70 70
78 78
10314 103T4
83 85
1)044
10215
80
50(4
08
llllj
89;
P04.
3
1)7
HKlI
100),
113
D2H
04
70
80
Ha
43
100
4-154
Xl(.l it 1
20000 Union Pao lat 4a
S Steel 6a
27000 du cv 4a
31000 do rfd
luioo Va Car Cswm .
1S)0 Va Rwy 6s ...
Hum Wakiaai .la
41sa0 Web JaMu rt U .
m wi d via 4si . . .
SV
itw'i
ae 4a
mat da via 4.
wB w3t R,
11B
. . 06
'..::;if7
Jo'-4
Tuial aalaa. U,'M
Ma) lavM Uaaiajr.
.mwc mtmmu .tta am.
Mackav Cos nf
Manhattan El eld....
May Dept Stores
Maxwell Motors
Max Motors 1st pr...
Max Motors 2d pf. ...
Mexican Petroleum...
Miami Copper,
Minn A St. Louis....,
M St P A S SM
Mo Kan A Texas
Mo Kan A Tex pr....
Missouri Pacific
Montana Power
Montana Poerpf. ...
Nat Cloak A Suit
Nat Enamel A S
Nat Knamel AS pr. ..
Nat Lead
Nat Lead pf
Nevada Con Can
New York Air Drake.
New York Central...
N Y N II AH
N Y I) A West
Norf A West
North American
Northern Pacific
Pacific Mall
Pacific Tel A Tel....
l'enu It it
Peoples Gas Chl.....
Philadelphia Co
PlUsburgh Coal .....
Pittsburgh Coal pr..,
Pittsburg j Steel pf..
Pressed Steel Car....
Pullman Co ,.
Ity Steel Spg
Hay Con Copper
Heading
IteD Iron A Steel...
Hep Iron A Steel pf.
Hock Island Co pf...
Itumely Co.
Huoiety Copf
St Louis AS F
bt L AS F2d pr...
Seaboard Air line...
Seaboard Air L pf-..
Sears Hoe A Co......
Sears Hoe A Co pr .
Sloss-Sher S A I Co. .
Southern Pacific . .
So Porta A Suear pr
Southern Ity
Soutnern Ity pf
Studebaker Co
Studebaker Co pf
Tenn Copper
Texas Co
Texas A Pacific
Third Avenus
Tobacco Products pr.
Tutu City ItapTr ..
Under Type
Union Dag A Paper. .
Union U A 1 pr. .
Union Pacific
Union Pacific pr
United Dry Ooodi pr
52.-.
03
45
01
27J1
125S
121!1 122
0
. 12
. 4)1
. 00
.105
. 87)1
. 2S!1
. 89
05)1
102 101
051 9H
"an mw
147)1 14Gi 140)1
118 118 118
48 48
175 175
114
07)1
127
52
61H
U2),
445'
0051
27)1
13,
12L'
5
11
451
CMt
105
8C5J
2851
00
GO
G7M 07)
127 127
. 51)1 52
5451
00
47
925'
2851
13
ay.
11
4!1
COH
105
80M
295,
00
075,
114
G7H
127
52
52)1
02H
4554
0051
28
13
122
5
11
451
60)1
105
80!,'
28M
00
00!.'
.1115! 11051 11051 11051
.Wi 14)1 14H 14)1
.157 169)1 157) 159)1
. 07)1 08H 07 97
. 0851 09)1 GO 09)1
. 29)1 295-i 29 2951
115)1 J 15)1 114)1 114)1
. 70 76 75 75
111)1 112 110 11051
31)4 3351 32)1 335!
. 321. 31H 31 31
11354 11451 113)1 114
.117), 117), 117 11754
88 88)1 87)1 -87J1
.til)' 34)1 3354 34)1
103 103 102h 10254
. 02 07)4 05 0754
0154 08 05 00
159)1 1(11)1 101)1 101)1
4154 43)1 42 43
. 22)1 22)1 '"i 2)1
154)1 15U4 15351 16351
. 47 52H 48 CI).
101!,' 102 10154 101
! H !, !!
. 654 554 4)4 4)1
8)4 754 7 754
4 3)1
65f
10
37)4
25,
6)1
16)1
3054
6)1
16)1
37
4
5)1
10
:i7U
155!1 155)1 161 165)1
121! 12UX 121)1 121!1
. 51 65)4 61 65)1
. 01 05 01 01
. 03)4 100 100 100
10) 1051 10!. 19)1
67 68), 675, 87)1
13951 141), 135 141)1
10854 108)1 10854 108)1
57)j 68),' 6751 67)1
101 17354 105 17354
1254 13)1 12)1 12.'
605 68)1 68)1
100 100 100
0254 0254 0251
80 80 bO
7)4 0)1 0!i
27)4 27 2754
60)(
995,
025,
78
OJS
27J4
134
82
GUI,
134)1 13354 13354
20
41
2351
38
62)1
8'.
67)1
02)4
2154
43
245.
40
6354
SOU
6751
91
2054
43
2354
3854
5254
Hlii
67)1
91
2154
43
2354
40
63)4
U U Ind Alcohol 8954
U b Last ll'if...
U HC LP A Fpr. ..
United Itys Invest ...
United Itys lus pf ...
U S ttubber
U S Hubber lltpf. ..
U B Steel
U BStecl pf
Uulted Cigar Mtrs. ...
United Cigar Mfrs pf
Utah Copper
Va-Caro Cbeni
Va-Iron Coal A ....
Va Hy A Power Co. .
Wabash pf
West K A M
Western Maryland ..
West Maryland pf
Western Union 'Pel. .
Ulbi.1 A I. K 7il lif .
WUlra Overland 213" 218
WlUyt Ovcrlind pf- 108 108
Wisconsin Central 34 31
Wout.ojln V W Co. ... 107)4" 108
Quoted ex dividend.
Total salea, 1.658.000 aliarea, compared lth
1138,700 shares last Monday.
NSW YOMC M-tTAL HiUKWT
.100)1 10054 100)4 10051
tt VUll 7ei 781,
114)1 111)1 11451 114)1
65 67 65 67
10.1 100)1 10554 10054
07)1 G8I4 08 08
3951 40)1 3951 40)1
01 05 0154 05
.. 635, 63)1 &151
)i 51 SiTM
121)1 121 121 123
, 3051 31)4 30)4 31
47 47)1 4754 47)1
77 77M 77 77)1
3 3 3 3
21454 218
108 108
31 34
108 108
MBW
V TOJtK. a-act, rr.- The fol
The following rrlfaa
4acsnlBun VKUUr
September
4)ctober .
November
Deoember
January .
February
March . .
April ....
May
Juno ....
July
August . .
Hid.
NEW YORK CURB
American lne (vn;
tlrnden !)(.
British-American Tobacco old.... 13(j
do now 14
l'r I.laht M!
Goldneld Con ll'
Oreene Cananea . '. .in
Kannprntl fAii . T.iiL
f lelilgh Valley Coal Salea l.V)
.Magma i.op;er 14
Nlpisslng v ,'V,
Ol'.n Elevator 71
lo .rcf p
Ulkcr liegeman .".
Suhmailne 5L'
Kterllng Hum '2
Tobacco l'loducta nsij.
United Cigar Stores 07
do nref 110
United Prollt Shar new lti
World Film .1
oi)gsQ
Asked.
p;
15-'
814
A4
5IT4
Km
'$
7S
04
kN
102
123
2(i
New Franklin Fire Directors
At a recent meeting of the board ot di
rectors of the Franklin Fire Insurance
Company four new dlicctors were elect
ed to the board. They were Klbrldge G,
Snow, Frederick C. Buswcll, Charles t,.
Tyner and Charles A. Ludlum. They sue
ceeded the following directors, who re
sinned: Dr. George Falcs Baker, Joseph
Moore, Jr., Georgo A. Heyl, George Ste
venson and Samuel Y. Ueebner.
NEW YORK BUTTER AND EGGS
NEW YORK. Sept. 27.-UL'TTER.-Market
firmer on top grades: receipts, 0005 packages.
Extra, 27c; higher scoring. 27!4ti28c.; Slate
dairy. 2Uff2tl(ic. : Imitation creamery, 22(423c.
EOOS Market nmi; receipts, 770!) packacaa.
Extra firsts, SSUeaOe.: HrsU. 20827)4c.. nflr
hy whites, 41843c.; mixed color. 2G$j32c: re
frigerator flrsis, 24Q25c; nearby browns, 33
4J35C.
N. Y. State Bank Call
ALBANY, Sept. 27. A call for the condl
tlon of the Btate banks aa ot September 23
was Issued today.
Sat cloe High, Low. Close.
100 Allla-CIialm ... .42(1 44S 4H A
120 Am Can 63(4 0314 m(4
4 Am Ca 102(4 lOiH 102H 102
100 Am Loco 00!i W &j 60H
015 llald Loco...... 05(4 112(4 10. H2W
Ki dp pret 108(4
101 lluf A sua t e pf 40
2oO II A Ohio ... 85
10 Com Prod
04.1 J U Drill 45
01432 Cam Steel ... 87M
)0 Cent Leath
150 Col Fuel 5.1
JOd Hlec Stor 77
080 Hrle .. 32(4
300 Uoodrlch U F. . .
41)0 Oen Aaph .... 32
203 do pref do
3 Oen Motor
:il lna Co N Am.. "EI
SJ45 l.V H I, Corp- 0)4
312 11, lull Nov .. 73(4
320 Lvlilgh Val ... 72H
.too Ieh Val Tr pf 1W(4
4 MlnehlU 8SH
40 Miami Copper.. ..
lo North Central.. 82(4
1014 lVni.a llallroad M"
1100 I'ressol Ht Car. ..
.V Venna Halt Mfg. Dili
'-Vlt Pa Uletl ptd... 874
2S5 l'hlla Co ........ 41
T do pref 38
007 Phlla Lltctrlc. 23(4
825 P H T ctfs 13
13 Phlla Traction.. 75
100 Hep lr A St.... 4S
300 Holding 77(4
50 So Pacific SI
200 So Hallway .... 11)
140 Tonopah Del ... 31
150 Tonopah Mining 5)4
717 Union Traction. 42(1
230 United Gas Imp 80
1241)3 U S Steel 78(4
25 Warwick I Bt 1011
415 Win Cramp A S 80
UOND3.
Last prev. Palo. High. Low. Close,
70 A'n O A K 6a.. 87 Ml 80 8(J
'.000 Ilald'ln L 1st 5s.lul4 1U3 101 lul
41KJ2 Cam Steel scrip
May 11)17 D3, 100(4 100(4 1JU
1500 El A Peo Tr 4s 75 74 71 71
1IKK) Kqult 111 U 6s. .. 103(4 lOVi 108 14
1000 Harwood El Os U0(4
1000 In'state Itye 4a 68
80C0 Key Tel 1st 5s. 1)1(4
.WO Phlla Co cons 6s 81
.KMX) Phlla Elec 6s.. .102
5000 Heading gen 4s. 02
2000 Span-Am I (la.. 101
21000 Un Hwy Inv 6s. 70(4
109 10S14 HO
49 40 40
SOS 84)(4 8H
. 18(4 18(4 1V.4
47(4 45 47(4
75 0U 70
61 61K 61
87 60(4 6rt(4
78H 77 77
31(4 33 33
72-4 71(4 72U
M 3114 32(4
rai nn no);
350 350)4 350
2M 28 2!l
10 Ml 0
7il)i 75)i 70
72(4 72(4 72(i
3(1(4 36(4 30(4
M'.i 60(4 6OI4
27(4 27(4 27(4
82 82 82
574 57 S7i(
7it 05H 07),
PI 04 14
89(4 874 88
4(4 43). 41(4
3(1 38 36
2Sfi 55(4 25(4
13(4 13 13
70 76 70
48(4 48(4 49(4
77(4 76 70)1
04(4 MM, MU,
19 13(4 10
3 8)4 8H
0 6-..
43 42(1 42
SUH 88(4 86(4
7ly. 78(1 70(4
10(4 10(4 10'..
DO w It)
W)i 10 W))i
58 68 1S
04 '4 04(4 Vl,
85 81 83
102 101 12
l2 1)2 9214
101 101 101
71 70(4 ll
Local Bid and Asked
Hflldwln
du pref
lluif n Su.q t c...
Co pret
Cambria Steel
Elvctile Storage ...
Ui.nu.il Asphalt ...
do pref
Kcjstono Tel .....
do t c... ..
do pret
Luke Sup Corp....
lehlgh Nav ,
l.ehlgh Valley ......
Lt'iimh Val 'lr
do pref
Penna ,
1 hit Elec
l'hlla Co ,
do 5 tier cent. Dr.
do 0 per cent, pr 43
Phlla It T 13
do t c
Reading
Tonopah Pel
Tonopah Mining ..
Union Traction
United c.aa Improv.
U S Steel
York Railway
do prer
Win Cramp t c
Today's Saturday's
Hid. Avked. Hid. Alke J.
112(4 113
3 1)5(4
ii ii -ft -Bta
I0V4 41H :iv4 4UV4
nun 70 (i;vj 7
77, 771,4 77 77C
:i2(i 32i4 31 :il
tili'i 70 K (0)(4
11)4 14 14 14-:.
14 14 14 11
07 7 B7 U7
Ml 10 i v.,
7H -i7 7j lo-,,
73 "3(4 73 OU
18 111 18 111
3014 37 IMS 37
57 37 60 57
25 26 25 25)4
44 44(4 44 44(1
38 40 .18 in
44 43 44
13 13 V 14
. . 13 13 13 13
ty'i. 7H--". 77 77
.. 3 3 3" 3
..5 11 mV r.
.. 42). 43 43 43(t
. . tn Ml Ml XoC
.. 7 711. 78 78
.. ,7 4 815 TV? 8g
..30(5 32 30V4 32
..1)0 01 bMj 80
Rise in Crude Oil
Pennsylvania crude oil prices have been ad
vanced 6 cents a barrel to $1.70. Merer and
Newcastle cradee have bt-en marked up 3 centa
J.17'J' Corning and Somerset eenta and
Cabell 5 centa.
PHILADELPHIA MARKETS
GRAIN AND FLOUR
WHEAT. Recelpta. 103,751 buah. Demand
was fair, but with lower outside advices prices
declined l(4c Quotations: Car lots. In export
Blevator. No. 2 red, spot and September.
81 ofiASjl.OOW: No. 2 Southern red, 81.06WW
1.07: steamer No. 3 red. 81.0IHOLW4! -So.
3 red. 81.0191-Otm: rejected A. U.02l.O4:
roiecttVl U. 8l.W-iSl.0BM. ,
CORN. necelpta. 5000 bushels. Trade waa
oulet and prices Were )4c. lower. Quotat ona:
Car lots for local trade, aa to location
Weatern No. 2 yellow. 82(4B834c: Western
steamer yellow, 8H4082HC.: Western No. J
ye'loT. 7S0'4c.i Delaware yellow. 80882c.
OATS.-Recelpte. 81,440 bushels. Demand
was light, but there was no Important change
In ; nrlces. Quotations; No. 3 white, 3H440.:
No 4 white. 37i38c; sample oats. 3238c
FLOUR.-Recelpts. 1753 bbls. and 1.3S1.085
lbs. )n sacks. Trade waa alow and yaluea were
largely nominal. wuui.nu... yr .J: .w. ' ..
wood Winter clear, new. -M1.00W1.00; do..
.WOOU .... ,,.,Lo ,a,' ,7 n..,nl n.W.
'atraiani. naw, c..owU'..v, 'v -
Is5.1on5.40: Kansas, clear, new, lute aacka.
$4.00fl.V10i do, straight, new. Jute cks.
1.-. "-.i5.50: do, patent, new. lute sacks. tS.50
5,75; spring, first, clear, new. (4.6504.00; do.,
Straight,; new, 1.4.8085.10: do., patent, new.
J 5 10415.30; do., do., old. (1.3.",tJB.l0; do.,
atoiTte brands, old, tO.85S7.10: city mills,
choice and fancy patent, 6.83n7.10; city
mills, regular grades-Winter, .clear, new,
S4753; do., alralght. new. $55.25; do.,
paten, new. t5.2506.50.
tYB PLOUR waa quiet and without lm
portant change. We quote at 85a5.25 per
bbl.. aa to Quality.
PROVISIONS
The market ruled ateady with a fair Jobbing
demind. Quotatlona: City beef. In eets,
ainoked and alr-drled. 24025c.: Western beef,
ll. seta, smoked. 2425c; city beef, knuckles
nnd tenders smoked apd alr-drled. 2627c.:
Western beef, knuckles and tenders, smoked,
2(ii27c,j beet hams. 28&30; pork, family, 821
(321.50 hams, H. V. cured, loose. 1212(4c;
do., aklnned, loose. 12Uei254c: do, do.,
smoked, 13',4Wl3(4c.; other rums, smoked .city
cured, aa to brand and average, 1314(4c;
name, emoked. Weatern cured. i:i)4l4Uc.: do.,
lwlled, bonelc.a. 21822c.; picnic shoulders, 8.
V. cured, loose. 0eiOc.: do., smoked. ',4t
1)c: bellies. In pickle, according to average,
loose !2til2Mic ; breakfast baron, as to brand
and 'avenue, city cifred. 13V,ttic.. breakfaat
.... x'r.i.rti urd. 1.1l(.4lR(.! lard. Weat-
UB.KWI, " - .avu ,Hij,ti7. A-. ,1n An .
e city, kettle rendered.
i80c; Urd, pure city, kettle
ern. reHned, tlercsa, 0!i),c.; do., do., do.,
tubs. OUeOWc.; lard, pure city, kettle rendered,
in tierces. (H489c,. Urd. puro city, kettle
renuereq. in luut, wt4w,iv.
DAIRY PRODUCTS
BUTTER. Receipts were light and the mar
ket advanced ',o. on aolld-packed and lc. on
prints. Demand fair. Quotatlona: Weatern
aolld-packed creamery, fancy aiieclala, 29c;
extras, 27,4c.-, extra flrsta, 26(42f27c.; first.,
;tt2oC4c. j aecondf, 234i24c.i nearby prlnta,
lancy31c: do,, average extraa, 20830c. I do,
flrsta. 26828c. ; do., aeconda. 240250,; Jobbing
sales ot tsney prints. 351738c.
i;UOH. Choice fresh stock wss scarce snd
In good demand, with nearby atock 30c. per
case higher. Wa quota aa follows: Free
rsses. nearby extras. S2e. per dor,; firsts,
18.4lMtS.70 per standard caae; nearby current
recelpta. I7.8ofl8.lo per case. Weatern extra
llrstsT I8.40Q8.70 per case: firsts, I7.80O1..10
per caae: fancy selected candled eggs were
jobbing at UlaSOe.
CHEESE. Off cringe were moderate and the
market ruled ateady. but there was little trad
ing. Quotations- New York, full cream,
fancy, new. 13015(jc, ; specials, higher; do.,
do., fair to good, new, 1449160.. prt tklma,
i;12c.
POULTRY
LIVE. The market ruled firm and higher
under light offerlnga and a good demand In
anticipation of the Hebrew holidays. Quota
tions: Fowls, aa to size and quality. 18tJ
18... exceptional lota higher; rooalera, 12013c. 1
spring chlckeua, according to .quality, 16U(p
18r , exceptional lota higher; ducka. aa to
quality. 144J1H- : pigeons, old per pair, 18tJ
Six..; 00.. young, per pair. 17918c
PRESSED. Offerlnga of desirable atock
were moderate nnd the market ruled firm with
trade fair. Quotatlona: Fresh-killed Fowla.
12 to box. dry-picked and dry-packed, fancy
aelevted, 10c. weighing 4H5 lbs. apiece.
18',4c.i weighing aj4 Iba. apiece, 17540.;
weighing Ii Iba. apiece, 164117c. i weighing
D1HKCTOKY OK ACCOUNTANTS
Certified Public Accountants
1J4WHKNCE IS. 1IROWN Ja CO.
ltir, HKAL EUTATE TRUST UU1LDINO
fubUe AceouBtaata
N. H. UKHOUAN
Phone Lombard a 54a), 411 Walaitt ab
I.B41AL AVKHTI8g.MKNTH
ALL PK4iON8 AKK HKKEHV CAU-
Honed against, barborlnr or truatlna;
any of taa crew of the afrltiah H U.
'rwa-dauM," from Mct News. Va., J. W.
Klgby. Maator sa no dabU f their eaieat
lug will b paid by tb ata-aiar. Ooaatanaa,
u by Urn Line Wa4uuuiJ Oa AaK lii
1? . 3 ""-crn. 4 lbs. and over apiece
dry'.tlckVd ""i i';r ",- 8ei7c : old ro'S "J
ttlZif K ...1:lc'! chickens Jersey fancy
2.l.jr. ,V.--.S omer nearby rancy bro?rs
-24.J4C.' Western broilers, weighing Vtr th."
apiece. IDiffoc.; northern Illinois, ancy .u
,o?therVn',!;h,!no-..i:!!?an,cby; AzHS
rer doren-Whlte. weighing 11 to 13 lhs .;
doien. $14.75. white, weighing 0 to In iv,.
per don. t3.15fi3.H5;" white" weighing " b?
per doxen. i2.55fiaT; white we Shin 7 1.
per dozen. 2.ltTs.ns" white weighing ,2 tt
.mSal.aad!: ?,i'l?i,-TS: " "mtW.
REFINED SUGARS
I?.lJv S-.!..'x,rB flne granu ated. 4.U5c SSSl
s&. 54064.d?c,:'ectToner a- & "
FRESH FRUITS
Choice stock sold fairly and valu.a .u .
O3.60:-Jonatl.an. f3r5b; falusV'f' TSBa '?:
Oraven.trln. 75M "-. ..' ..i"". e ii.-3
'ippin, t2.50a2.73; Smokehouse, t2'5oftr'
&&lJXttSi an: rfe'nlylva'n!. WtS?!
Per crate. SOciHtt; peachea" Virginia . wj li
Virginia, western Maryland and Pennsylvania.
Elbertas per basket. .15Mc; peaches, ieriey
faL E1Vrt"' f.l H-bush.' baaketr'wsuoc :
Inches. Jersey, other kinds, per baaket? 15tt
40c.; peachea, New York, Klbertas. 5 liiet
-Double extras. 3()S45c.i fair to good. 20f?'V
peaches Ohio, per bush. basket-Fancy MO
75c.: fair to good, 40050c.; pears, be?' bh
iV,a,i,,t' '-505 Socaef: tse" common
tl.5032; grapea. Delaware. Moore Ear y and
Concord, per carrier. COtitHc: grupea, Dela
ware, Moore'a Early and Concord, per 4-lb
basket. enOc.. grapes. New York, per 4-b
baakot-Delaware. l3(J14c.i Nlagari. louisc.
Worden, 10Uc; lemons, per box, t2tt3: nine;
applea. r-r crate, rorto Hlco. tl.60e3; cran
berries, ijape Cod, per hbl.. 58; cranberries
Cape Cod, per crate. l.75i2; plums. Southern',
per bush., , $ .25411.60; plums.' Virginia, Dani
aon. per 20-lb. basket, 40i50c.; Fdum. New
crl, R"r-,b blliktir. 0"'-''c.'! Vlums. N'Sw
York Brad.haw and Niagara. 15822c.: Ralua
CTaude. 1522c.. blackberries. Delaware Mary,
land and Jersey, per qu 486c.. huckleberries,
per qt,, WlKc.; cantaloupea, Colorado, per Aat
crate, fl5ft7.V.j cantaloupea, Colorado, per
standard crate. tl-MB2; watermelons, per car.
VEGETABLES
Tha tnarket waa generally ateady with trade
fair. Quotatlona: .White pjtatoea. rennayl.
ySH'S1 "r bush.cholce. BOftaae. , fair to good.
4045c.; white polatoea. Pennaylvania. per
150-lb. bag. Uyi,23; white potatoea, Jeraiy.
per basket-No. 1 Itose 3035c. : No. 1 other
larletlea, 25330c.: No. 2, 10015c. ; sweet pota.
toea. Jerssy, per bssket No, 1, :tO04Oc,: No. 2
15020c.; onions, per 100-lb. bsg, 11. 23871. no'
do., Jersey, per -bush.n. basket, 3.rt50c.:
celery. New York, per buncK, IMIHV. ; lettuce!
New York, per 2-doa. crate. IL60R2; do., do
per 3-dox. crate, I2C2.23; mushrooms, per 4-lb
STOCKS
GRAIN
COTTON
HUGHES & D1ER
Bankers and Broken
Hembera of Philadelphia Slack Exchange
Members of Chicago Hoard ef Trad
143S Walnut Street
Philadelphia.
Sflundfoyestirents
filAiERGbt
142 8. Iftk
RUMORS OP NEWLY MADE FORTtf
FILL THE FINANCIAL DISTRICT;
- -
btocKs still Soaring UpwardCambria Steel Touch
75 on Heavy Buying Reports of Various
Deals Again Rampant
. - -at
Trie local financial district Is full ot
talk of newly made fortunes these days.
Men nro pointed out who received tips
J b! -- I'ont shares. Cambria Bteel,
Dethlehem. Haldwln Locomotive snd
others, nnd who successfully pyramided
the proverbial shoestring Into n substan
tial Income for life. One well-known
Philadelphia Is said to have cleared
more than n million In Baldwin alone,
nnd nnother J500.000 In du Pont. Predic
tions of still Krcater coups to come are
heard on every side, and many are al
ready showlnu signs of maklnir jrood,
The boom In so-cnllcd "war shares" Is
npproachlnR the scale of the days of the
formation of the United States Bteel Cor
poration, when n score of multimillion
aires were mndo virtually over nlftht. To
lay the Street Is agog with the expecta
tion of huge capital Issues brought Into ex.
Istance through the formation of another
big steel combine. Meantime, the arrest
war-material companies arc steadily seek
ing; new channels for the Investment of
their enormously expanded surplus funds.
Extensions of plants are only taking- up
a portion of these, and the managements
of the various prosperous concerns are
naturally turning to the security markets.
Hence, there ls n double process aiding
the market's upward swing. Gold Infla
tion, too, la doing Its share toward boom
ing security values In face of the heaviest
foreign liquidation In years. One banker
today estimated Jhat this selling has
amounted to not leas than J700.000.000 from
England alone, and that the total Is
over a billion, but the bulk of this sell
ing has been taken care of prlvataly, K 1
nsseneci.
The remarkable feature of that
movement Is the manner In which
securities have been absorbed. Of Itat
observers say. there has been s. dl
let-up In the liquidating nroceM. and
has been reflected In the renewal of
upswing In stocks.
On 'Change here today during- the
hour alone over 21.000 ahnrea of Cambr
Steel changed hands, nnd the rise wa
extended to 76", with scarcely a chl
tnis compared with 67, last week's rlu
lng Quotation nnd brounht the nrlca
the stock to the figure predicted, quit
generally ror it lasi weeK. By Men tl
supply of stock had Increased sufficient!;
to cause a reaction of about half tri
morlnlng's gain, and thereafter the quota
tion fell back further. Nearly aV)
shares of Cambria changed hands tote
which constitutes a record. The cr
was also very active.
Baldwin Locomotive followed the wltl
Jump In wall street, and lt was 'tag
for granted that the refusal of the
Ponts to either confirm or deny secuiii
control was tantamount to admission tha
they had. Other stocks, In which posslij
deals have been rumored, were relatlTel
quiet, including Brill and Cramp. 8to
Battery moved up, aa did Pennsylvania
united states steel and Philadelphia. Ele
trie. Later on, however. Cramp roe
point and Brill scored a gain of ft.
active was the trading that the Clearin
House announced lt would remain
for certification of sheets until S p.
until further notice.
Financial Briefs
MILLION AND A HALF SHABE DAT.
The price of copper advanced to 1S"4
cents.
Henry Wharton has resigned as secre
tory of tho Westmoreland Coal Company
nnd Its affiliated companies, to take effect
October 1, In order to give his full time
to his personal Interests. Herman Itoll
has been elected secretary and Howard
It. Ycarsley nsslstant secretary. Carroll
li. s'Ichols. formerly assistant 'secretary,
lias been appointed general sales agent, a
position newly created.
John H. Mason, vlco president of the
Commercial Trust Company, has return
ed from Seattle and the Pacific coast
There has been placed on the regular
list (if the Philadelphia Stock Exchange
JltO.GOO additional American Telephone
and Telegraph Company stock.
Edward B. Smith & Co. will remove
their ofTlces from the present location tn
tho Franklin Bank Building to 1411 Chest
nut street as soon as the alterations are
completed,
Virtually half of the American Woolen
stockholders has already agreed to the
proposed change of charter from New
Jersey to Massachusetts.
For the privilege' of running a canal un
der the Pennsylvania Railroad, near
Lewes, Del., the Government, on Satur
day, paid the railroad 169,710. The canal,
which will connect Delaware and Tteho
both Bays, Is partly built.
The Potomaka Mills, of New Bedford,
have declared a special cash dividend of
0 a share In addition to a regular quar
terly dividend ot Jl-50 a share.
The Norfolk and Washington Steamboat
Company has reduced Its annual dividend
from 12 per cent, to a 10 per cent basis.
The Harlan & Holllngsworth Corpora
tion ls to build 30 steel cars for the Cen
tral Railroad of New Jersey.
LIVE STOCK QUOTATIONS
CHICAGO, Sept, 27. HOOS. Recelpta, 21.
000; market stesdy; mixed and butchers, 80.80
HK.40: good heavy, o.008.'.'3; rough heavy,
SC..W30.M: light. 87.4008.40; pigs. S7.1088.15;
bulk. 1)1.4037.80.
CATTLE. Receipts. 18.000; market 10c.
lower; beeves, S5.256I0.16 cowa and heifers.
.i.23r8.D0; Texana, 18.7508,40; ralvea, 9
10.50.
8HI3R1'. Recelpta. 14,000: market 10c lower:
native and Weatern, $3&0.13; lamba, 16.25
S.75.
IvONDON,
trday bou
England Buys Gold
N, Gent. 27. Tha Bank of England
igbt 70.000 In bar gold.
LONDON BANKERS
APPROVE BUDGE!
Chancellor's Businesslike Toi
Creates Favorable
Impression
By FRANCIS W. HIRST
Editor of The Economist.
.;,.. iauiv iu cveuios rtu.r.l-
LONDON, Sept. 27. To Judgo frorrrco
versatlons with bankers and stock
change men, the city Is very well pleas
witn me budget, taken as a whole.
Is favorably Impressed by the buslne
like tone of Reginald McKcnna. ts
Chancellor of the Exchequer. The Irtaj
crease of the Income tax Is perhap
rather below expectations and tha nel
scales are felt to be fair. I well remenaJ
ber the late Sir William Harcourt Bayta
to me after the Boer War that the lit-!
come tax In times of peace ought never tl
exceed a sixpence In the pound.
The Stock Exchange Is very dull, ana,!
few firms are likely to pay expense."
cambists, on the other hand, are ai
tremely busy.
Tho Dardanelles question ls attracting
parliamentary attention.
The cry for conscription has died dows
in view of the need for exports of mono
to meet liabilities as disclosed by Chan
cellor MCKenna.
1 understand tnat the German an
Austrian armies will suffer this ,wlnt
from a scarcity of wool and wool
clothing. There are, of course, very f
cneep in uermany, which 60 years
was a grcat&xporter ot wool.
iSj
MINING STOCK QUOTATljl
TONOPAH STOCKS-." J
Bl-T
Jim Butler 80
Midway 13
Mlzpah Extension .20
Montana ,. .31
Northern Star -. .. .11
Tonopah Belmont ....... H-.
Tonopah Bxtenalon ..., 2H
Tonopah Merger .Ii
Tonopah Mining 54
Uracils Eula 10
Weat End .50
O.OLDFIELD STOCKS.
Atlanta .28
Blue Hull , Kl
Booth ,...............,..... .44
Bulldog ..., .02,
COD 01
Combination Fraction ,.. .07
Dlamondfleld B B .07
Dalay 05
Florence , .44
OoldHeld Consolidated ...........17-10
Kewanas ,... ... .20
Ore ..... ............, .07
Sandstorm Ken 10
Sliver Pick 07
MISCELLANEOUS.
Fatrv Asteo .01
Ktmberly ...: .03
Nevada Wonder 1,
17-:
Reasons for Investing
Now
Prices Are Low Returns High
Underlying Conditions Are Strong
The investment tide is turning, greater interest is tWiig
shown in bonds, and the prices of good, bonds should go wp.
The wise and experienced investor who buys seasoiMfl
securities of substantial companies when the prices are
low, and reaps the benefit of his intelligence in higher
prices, will find the necessary variety of carefully select,
bonds in our
October Investment Circular
Write now and avail yourself of your best opportunity to Invest fumls.
BiWWBm
s
Broad and Chestnut Streets. Philadelphia.
30 Pine Street, New York
New Issue
d 1 r '
j, ci.iie-.jr--.veai.. a jmjm.uy f
4Vz Gold Loan Certificate., Due June 15tlv 132
Guaranteed Principal am-J Jntrftt by th
rennsyivama KUirotut lo.
Interest payable June lt-h tax. PsssmtW lie.
Redeemable, at 106 . feta-re-st on aaul mfUe Jm U, JtlaJ
G1RARD TRUST CO.. r-ttta. .!.,,, TrtvaVtay
Wa offer, subject to prUr sale, a Unatl aviMwtkt ntf .W-tWc.1
PRICE TO YHELD AjK-UT 4M X
FrM ( PwxmylrwHim. $kk 'Tax
Prk sua! tUtoriftim. sty rr-t
G RAH AH JC Co.
aaajajtjic.
s-P
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