EVENING XiEB0EH-lHlLAl)ELPHlA.VWli5DNESrAy, OOTOBKB 6, 101P.
12
rite
.m
to.
m
m
FINANCIAL- NEWS
.War specialties again under
liquidation in wall street
Three to Sixteen-Polnt Losses in This Group Before
Support Was Met Banks Scrutinizing
Collateral for Loans
NEW TOUK, Oct. 6.
Under continued liquidation, largely brought about by the, exacting of
Matter margin and the cleaning out of weak account", the market for war
pectaltlea broke wide open In the late trading on the Block Exchange today,
prices being driven down from 3 to 18 points before any support was met. Tltnro
w some recovery near the close, but there were still losses for tho day. Many
stop-loss orders were caught on the down turn. Many speculators were not in
a imaitlon to put up the extra margin demanded by the brokers, which Is now
generally about 40 per cent, on all the war specialties, there being some few of
tawta on which more is required, and they were sold out. The weakest Issue wan
Crucible, down 16 points; Baldwin was off 12; General Motors, 10; Pressed Steel
Oar, 7, and American Locomotive, 8.
The action of the railroad shares was exactly tho reverie of tho specialties,
Owjy being strong, the stocks of the Western roads particularly, duo to the ex
pectation that an official announcement will be made by tho Interstate Commerce
Commission In the near future granting a rehearing to tho carriers In the ad
vance freight rate case. After showing substantial gains this class of securities
also went off somewhat In sympathy with the decline in the specialties, but as a
general rule they remained well above the final of yesterday.
Tho banks have put the brakes on the wltd speculation In the war stocks,
bat that doesn't mean that they discourage any speculation conducted within
reasonable bounds. As a matter of fact, they want to see a good active market,
o long as It is a stable market, for surplus reserves of the Clearing House banks
atone are $192,000,000, and all the banks want loans on good Stock Exchange
eeHateral.
But the banks don't want stocks that they consider of little intrinsic
value. All of the large banks whloh loan heavily on call have had their own
experts examining the earnings of the war companies and sifting the grain
from all the chaff that has been heaped about them. In marking prices of
stocks In loans the loan clerks hay been Instructed to follow tho reports of
these experts. The result has been a separation of sheep from goats In a
manner of which a fair Judgment may be made by analysis of the stock
tables In the three market sessions this week. Some of tho goats can be
detected easily.
It is, however, easily possible to err In picking out the good from the bad.
Wesilnghouso, for Instance, is considered a stock of real merit in a bank upon
which an application for a loan on it was made last week. The applicant was
a man of high standing, and the stock was selling then at 140. Nevertheless, the
bank would not take It into the loan alone above 115, and then exacted a 20 per
cent, margin. The bank officers, though believing In the stock, took the posi
tion that Its market value had been jeopardized by heavy speculation In houses
which were carrying more stock than their capital warranted.
The banks realize that tho great transformation in Industrial conditions
caused by the war has brought a great change to many Industrial companies.
There are real war stocks as well as spurious ones, but the selection is dim
cult, and the market Is not llkoly to be stable until tho banks have completed
their work of appraising intrinsic value and arrive at uniform averages for
leans on securities of Industrial companies with war contracts.
Governors Approve Higher Commissions
Tho Board of Governors of tho Stock Exchange, at a special meeting,
approved the plan to charge commissions on transactions in stock of 250 par
value at tho same rate as on stocks of 2100 par value. As the question Involves
a change In the constitution of the exchange, the plan Is left to tho mem
bers for one week for their approval or disapproval.
NEW YORK STOCK SALES
32 82
4 IK 43M
71H 7M
6fl o7
61 62K
60 B1H
1045 104)1
76H 81
116 115
164 1561)
STH 67H
00 06
100H 102
10 10
46K 4B5f
23H
21
mi
60K
100
20H
83U
107
8
57H
23H
22
38V
61H
100
26V4
65K
107
83
50
10S
Xet close. High. Ixrn. Close.
Alaska Gold M 32M 82H
Allto-Chataers Mf.... 44H 45
ASts-Chalmers Mr pf - 72H 73
Am Af Chemical 69H 67M
AstBeetSasar 64 64
Am Can 63!f BiH
An Can pf 100 106
Am Car Foundry... 82H 84U
Am Car&Fdjpf us us
Am Coal Products ISO 100
Am Cotton OU 66H 68X
Am Cotton Ottpf, B5H 00
Am Express.. ..i.. 101M 102
Am Bide Leather.... I0M 10H
AmHWoALpf. AdH 47f
Am Ice Securities 24 25H
AS XABSCOu 2XS 23
Am Lteseed pf.- 30)1 39
Am Locomotive 87W 69)1
Am Locomotive pf.-... 100 100
Am Malt pf 26H 2614
Am Smelt & Ref 85 85H
Am 8s & Ref pf 108H 107
Am Smelter pf A 87 81
Am Bteel Foundries.... 60 81,'f
Am Boear Refining.. ..1081s 108 108
Am Tel & Tel 123)1 123H 123)1 123)1
Am Tobacco 226 227 224 226
Am Tob pf sew 109X 109X 109H 109H
Am Woolen 61 61 48 S0K
ui vtuowu u ir ou ill i ri
ABacc-nds Copper...... 73 73)1 71 7f
Assets Realization 6 5H 5 5)4
AtsT4BJ 1035.1045104 104H
Atea T4BF pf J.0O- 100)1 100)1 100)1
Baldwin Loco 114 116)1 102 110
Baltimore & Ohio 871 J 83)1 ' 87)1 88)4
Baltimore A Onto pf... 74) 74)i 735. 74)f
Bethlehem Steel .390K 401 390 400
Bethlehem Steel pf 164 158 155 155
Brooklyn Sapid Tr.... 85 85tt 84)4 85
Batte & Superior. 60!1 60)1 69 69
BaUaiickCo 33 31)1 31)1 31)1
Cal Petroleum igjf 19)4 18H T6M
Canadian radflc 160)1 161H 159 160)1
Cent Leather Co 61)1 63H 60)1 61 H
Chesapeake & Ohio.... 61 63)1 51H 63)1
CMKIiPac. 22)1 23)1 22W KK
Chtao Copper 46H 46)1 45H 46
Chicago Great West.... 12tf VM 12)1 12)1
Chi Qt Wert pf. 32 32)4 32 32
CO CAM L. 34 34 34 34
CM Mil 4 8t Paul 80 87H 86)1 87)1
CM&StPpf 125 125)1125 125U
Chi & Northwest 120 128 128 128
CotoaaoFoel I.... 5614 67)4 60H 62)4
Ol & Southern 20 27)1 27K 27H
Camtteck Tunnel... 13 13 13 13
CoaaoHdated Oas 129 129)4 129 129)4
CeattaeaUl Can 123 129 120 122M
Cera Products Bef... 18. 18)4 17)1 17J.
Cera Pied Kef pf 85K 85)1 84)1 84)1
CraetMe Steel 05U 06)1 79X BiH
Cradbte Steel pf ......108K 108H 108V 108M
CsUs-Am Ssftr. 117 115 112 112
DctevsMAHadsM.. 140)1 140H 140)4 140H
Dee & Bio Or pf. UK 14 14 14
IMeUUers BeoasWe.... 35 36)4 33)1 8o5a
Passu Warn. 22)1 22 21 21
attsetrJtj Star Battery.. 74 74 72 74
Kite SIM 32)1 SIM 32H
life 1st pf 60)1 62)1 60)1 62
JMeStfpf. 40K 41M 40)4 41M
OMMsal Klsctrie 176X 178 173 176
OeaatslMetew 860 84S 340 840
sal Uottm pf....,112 112 111H 113
Owasist) f Os 75M 76). 72 74
GsaUKertharapf,.. .118)1 120 110 119H
OtK eMf.ronawti. 48 46 44)1 45H
Oaswaahslm tpl'a ... 66H 66H & 65
IHfcwtaCent...w 105)1100 105)1105)1
later NUM Co U.... .214)4 217H 214 215
24)1 23)1 23)1
64X 60 60
21 20 21
70 74)1 70
106)4 108 106)4
20)1 20 20)1
10K OH 10
3H 38)4 38)4
46)1 42)4 46)1
mi 26)1 36)1
84 77M SI
0 9 0
140 J44J1 146)4
110 1H
.121)1 121)
77 78
120 120
4 MM
Jst Agricultural Ziyi
)st Acneuitarv &.... at
later Oea Corp'a 80)4
later Ca Car pf. 73X
lat2UrrKJ.. 106
late Mat Tot to...,. 20
laawaatkMal Pacer.... 10M
IsSissst facer pf. 3S
laaeswatsn Cosear.... 42)f
Ksa OMr Sevtaasa.... at"!
UsJc Steal ,- blM
Lain Ma Wart X
Uksak Velier 146
Ufftrrt A MrffS pf 118
li asMaaarWe 122)4 122
tfackayCci... ....78 78
toaatttw 10 .... US 120
fiassl Maaass....., mi mi
116
Hie Moteas 1st W.
1 aaaasav jsa at
MS) KM
2!
mi
44
04
MK
w .
w
P li'aWMHHa (PA ssW' a
f 5m..,.. ill isK ii
aa 4 Taaat.... K f 4M
IS IV
mi tm
asksVaf aataU
ssP IPsT
1H Wi
U 14M
a Tax (,.... mm la
I Paolfls. ....... fH J4
t,..,.. is? issM
fiat Caaar tsu.,.,.. tiut
Mat BaaaMt tf H
iavaaa Coa Cos.. 15W UM
Jsa Task Ak sHake.,,15IK 12 14t )fM
KYMUa H..... ,.. 7 $ 741
him a Lmiuti..,, .07 MK Wiaf 9H
Mot wt M, -J7H mi al f- mn
Kart A ,.. 114H UtH 114 114)1
mtimM f'iiL-..,.,, UU HIM 1101 111
futUc Auil ...., SOH U 9i 91
9
sfX
a)4
121k
6
13
H
mi
w.
SIM
OH
)
15
Pacific Tel 4 Tel
Penn It It
Pettibone-MulUken...
Pettlbone-U 1st pf...
Philadelphia Co
Pittsburth Coal
Pittsburgh Coal pf...
Pressed Steel Car
Pressed Steel Car ps. .
.Pullman Co
Ity Steel Spj
Ity Steel Spe pf
IUy Con Copper
Reading
Reading 2d pf. .......
iiep lion ft Steel...
cloae. High. Low. Clo.
42W 4.t 41 41
113 114)4 113 11411
75 70 75 70
89)1 05 05 05
03H 90)4 92H 05
. 36)1 38)1 30)4 37H
105 107)1 104)1 106
72H 721 65 BOM
101 104)4 104H 10 IH
163 164 103 103
. 48)4 48)1 44K 40
.95 95 95 95
. 25H 25)4 24K 25K
.152)1 154K 151!1 154
. 83)1 8311 83)1 83)1
62 51)1 48U BOH
Rep Iron ft Steal pf.. 102'f 101)4 100H 101M
liumely Co a n
ItumelyCopf n 10)1
St Louis ft SB -. 3)1 4
BtL4SF2dpf 5 5K
Seaboard Air Line 10 15K
beaooam Air L pi 37K 37
6
1011
4
6?
15H
30
Sears Roe 4 Co
bloss-Shef S 4 I Co... S8)f 6SH 55
60 Porto R Sugar 92 go 92)1
Southern Paclnc 92)4 91 93)1
Southern Ry 18)1 14)1 18)1
Soutnern Ry pf 67)1 67)4 67
btudebalter Co 140 143)1 139
Tenn Copper 03)1 65 62)1
Tejas Co 167 169)4 164
Texas ft Pacific 11 11)1 U
rhlxd Avenue 67 CS 67
United Dry Ooods pf.. 67M 67)4 57)1
5
10K
4
hi
15)4
3311
Union Pacific.
Union Pacific pf.
USInd Afcotiol..
U B Cut I P ft K.
USOIP&i'pf.
United Hyslnrest.,
United Ryslns pf.,
U S Rubber
U S Rubber 1st pf-
u a DMWU ,
15411 153)1 153)1 153H
67)1
06
04
18)1
67H
14 1H
63!1
164J1
11
67J
67H
.131)1 133)4 131)1 132!!
01 01 01 01
101)1 103 97 100)1
26H 27 24!1 24)1
49 48 48 48
25H 20)4 26 25)1
43)4 44)4 4)1 43
64M 64 63 63)1
106)1 106)4 1O0U 100)1
78)1 79)1 7b)l 78)1
U S Bteel pf 114)1 114H 113)1 11 Si
United Clear Mfrj 01 69)1 681 53)1
UUhCopper 67)1 09)4 67)4 68H
Va-CaroCbem 41 42 39)1 40)4
Va-Iron Coal 4 0 04)1 05K 62)4 64.
WestftM 132 13314 125 127)4
Western Maryland 29)1 30)1 29)1 29)1
West Maryland pf 46)4 46)1 45 45
Western Union Tel 77 76)1 70 70
Willys Orerland 240 242 235 235
Woolwork' W Co.. ..109 109 108)1103)4
Woolwortapf 120)1 120)4 12UH 120H
CenU pr share.
Total mles. 1,680,000 shares, compared with
l,'tt,iOO sharea yisterday: thus far this wnlc.
S.ClT.tiOO aharea; iiom period last mk,
B,Coe,7X share.
SECURITIES AT AUCTION
The following ecurlUss vera sold at auction
today by Uarnsa ti Loflands
1 br. Farmers and Mechanics' National
Dank: par flOO 128
B ahrs. Farmer anl Meebanlca' Na-
tlonal run; par 1100... 12SH
Z luk. Farmcra and Machanlca' Na
aonal llank: par 1V0 123U
S ahrs. Farmcra and Mechanics' Na
tional lunk; par SlOO 123M
U sbrs. Farroara and Machanlca' Na
tional Uank; par 1M) 129
80 abra. Fourth atrt National Bank;
pur 100 , 283)4
IS shrt. Pennsylvania Railroad Co.; par
900 .....,. B6
a (hra. Uurabernieu'a Jnauranca Co.:
par $23 i.'v'" 89)
v aura. Miinm. vt 4eu Aiiwnnj par
New York Bond Sale
,!"ln
Ok Iui
HKI
?000 Amer Hide A V
1SW Amer rlmelt See On,
NW,Amer 1t clt 4s
ltrtX) Atnvr TfJ mt Ik,
tW Atraour Co 4V4s. ... U1H
,KW Aichlaon adj a KU
43w Atchison cv 4a 11)35.. Ulft
3ouui) Atchison er 4a lnou. .10
low Allan c Line 4s M',
2THWli.it A Ohio 2fcs. ... Si
17UW) Halt & Ohio 4s SJU
atmw Halt Oh cv 4Ua .. gu
2WU llftpl'LB aWV 4a 83
lt-WW Ualt A O 8wn 8.. H
2WK) Ualdwln Loco Sa . .lolU
uw Ueth ami liil .. ..HC
'lXMI lleth Steel rfd 3a 10o5
.KS !iroklJin ll ' s wis.iwtt
,2000 llu.h Term gen 4a..,. OT
:S?y Oajiada Boutn Sa loOW
5S!!KenJ ther lt 6a,. 0m
'.XS hent Vue 1st 4a 83H
1(W Cent It n N J 6 Ill
103UO0 Chill Cop ?a 121
iSS C5M L cv 4a ... I8J4
1SO0O do 4Ue ....83tl
wv ,io ds 1
Will A Alton 3
iwv unt & lint III
1000 Chi Ol Wf.t 4
JKWW Chi A Nwn 3Ua .... 705,
. . ..10J 102i
JUs.... 4t 44f
I tta .. WU itoL
4a .... B7f II7S
8000 to gen 4a ngL,
KW0 C II A tj joint 4s.,., Iitrf:
1000 do gen 4a '.. U0V4
3000 do II. 4s 81
aw Chi llwy Bond 6.... HH
3000 O M. A m 1' fdg 4Ks. sii
VAX) do 4a 80(J
2000 do ep Ss long
18000 do cv 4)4 ....,,,, 116
24000 do cen 4Vt 07i
10OO Col A South 1st 4s..,, K0?
1(W do 44s Tli'a
1000 Corn Trod Bs 1034., 74
1UOUO Del & Hud 3s 1U1,.10U4
rw no rfd 4a ........ iu
rO0 Dn A It a 4a .... 00
000 do rfd 3a 47
2SOUO Dla Seo Corp 6... (tfs'4
1000 Uu l'ont I'ond 4',i ..10l(
3000 Kris conv 4a 8er A.. r.l
70Of do conv 4a Scr 11, 73
3000 Oreen JJay w 101
1O0O fln Rl.rt ftu. ....... 77
uwuucn Wee r.
1000 III 8tel deb 4ta,
000 Iowa Cent 4 43
SOOOO Ins Cop cv Us '10.... 180
2lwuo lnap cv ret 8d pd 0a, .180
twu uiieru Mel araa ,4
iiww intern It T ref 0s. . . I"
30000 Inter Mer Mar 4Ua,.. 70'
looo int Navy 3a Oil
ficoo Intnl Stm 1'ump ct 3a. it.1
1000 Jap new 44 77
1000 K. C Ft S A M On 10.".
1000 Kentucky Cent 4s 83
iwu uacKa Hteel r,s 1D23.
231000 licka steel Bs 11)30.
1000 ijc Sh deb 4s lltll..
1000 Leh Val of N V 4Hs. .
1000 l.lg A M T 6s. ......
2iW0 1.1a; A M T 7s
"ww uiniinru ds .......... wja
1000 Lrfrlllard 7s 12H4
2U00 Manhattan sta 4a. . . . 87
4000 Mer Pet Co (Is Her A.107
3000 M St P A 8 S II 4s 88U
7H4
1)2 Li
IK)',
POV,
1KI
&
80
m
1)7
70U
1)3
III
HO
101
122
IIOl.
74
. 40V4
. 3$I
. 81
. 73!i
. 84
. OIK
10-44
10000 Mo Kan A T 1st 4s
800O Oo rfd 4
12300 Mo Pao cv B...
6000 do col Bs 1817.
.1000 do 6a 1820
2000 do cons 6s ....
COOO Mont Poner Bs..
4000 Nassau Clcct 3Vs
1000 Nat (' A Hi I. r,
18000 N Y Air Drake cvt fts.103
1000 NYC Imp 4Via "tl5.103,
12000 N Y G I. 8 3Hs 724,
5000 N Y C-M C col 3Hs... 70fc
810OO N Y C A II 3Ms 78
308000 do ret 6s 10il!4
13000 N Y C A 8t li 1st 4s VO
12000 N Y C A II 4 88
3ooo N Y City 4a 1037 uW
1300 do 4s 1030 V3S
iwv uo eq os loo'
81000 do 4"is I860 80'
81000 do 4)is 1063 lOlta
11000 N Y O It A P Ss 10l4
4000 n Y n li a II cv avis, mii
H000 do Bs ...113
00UO N Y O A W 1st 4s.... 8.1
3000 N Y Itwy ref 4s UK
4000 do adj Bs 47
7000 N Y Tel gen 4149.... 8i4
2000 Norf A West PocU 4s. 87$
18000 Norf A West cvt 4M,s IS
lOOO Nnrf JC Wn, TMv Jo S7KA
29500 Nor Pae prior 4s .... 8O7I
.102 102)4
ei' "14
43
174
174
iti
70
00
in
77
103
K'i
V3
ui;
82
l)
101 ,
122H
I9,
107
.SS
74
40
U.l
81
73
84
7uG
10.
10:
103'
72
70
77?;
It!
DO
87)4
Vava
I'D
02fc
02(5
03,
I shrs. Hank or North
StOO ....230J4
14 ahra. Ualmont Trust Co., par 30. ... 33)4
2a shrs. Flnanca
vania, 1st preierri
Company
l nrexerrad: Dai
5 ahra, Frankrord Trust Co.;
of Psnnavl.
par f 100....... lOflli
Co.: oar W...161
3 vhra. Fire Association of Philadelphia;
oar 130". 323
SO shrs. Meenaruea' insurance co,
par
S25 ............. ..., 48
ahrs, Philadelphia I4fe Insurance Co.;
par $10 JO
ahra. Philadelphia Ufa Insurance Co. j
uar 110
aur. Northern
Dar J50 . .
ahra, Pennsylvania Itallioad Co.;
ahi
Central Jtallroad Co.j
par
.30
ra. Iluntlnadon ana llrosa Tnn
Mountain Itallroad and Coal Co., Pre
ss)
Huntingdon
T ahis. Mine Ulll and tfchuylkill llaven
10
83 )i
87
rerred, par S30. (Trust Certlflestn
IT
llMllrrA t7n.l Bar SfA. .
1 shr. Frank ford and South wark foh
lh atrseU) Pasasngar Hallway Co.. Sit
11 ahrs. Joha B. Btelaon Co., comnsaf
vartloo .8H
1 sir. John B. eHstson Co., eomsnoa:
Jr JS i" tl'J"".' H
3 sera. John B. aHetaoa Co., onmos;
par 100 Mr4
4 ahrs. Philadelphia and Camden Ferry
.. Co.: Dl H ......... .108
v witiv. , .k, mwiw. "li r fVv.,, VO
-a anra. 1411) vcouyiam
lioou miy
MM Wl!
.m &.
i .y.
33 ii
: par
RallruaA
Ity of I'MlaOelpkM, 4 per cent.,
pons January and July, due 1841.. 1MJ4
Imlngteai aJ Chaatac Traction Co.,
, SNi MM ,.t..,:.lM
ijhv nmtrwmvn siwuwi at izo.. a Dr
cet. arat Bwrtaava. eouiwau May
IW Pottatown mi
Co.. O ser (aatt.
,snsa !.
!. j .,, -.. W
(VSH Kallway
aW swfuudlnar
jcsiat.
7000 Nor Pao rsn its t
2000 Ore fehort Une 6a..olOO)4
1)000 Paclrlo Tel 5 87$,
4000 Pcnna 4s 1043 07
61000 Pcnna gen ct 4Hs 07'i
8000 Penna en 4V4s ......100S
8000 Penna 4V4s 1821 1004
3000 l'eople's tias 3a loo
4000 inibllo Serv J 60.... 87
2JO0O ltay Con Copper 6a...l2U4
ISOoO Heading gen 4a 82K
3000 Hep Ir A 8 Ba l)tC
18000 Hock Island 4s 81
8000 Hock Island rfd 4s.... esi,
1000 Hock Island 6s 43(4
1000 Ity Steel Springs 6s '31 Oil,
1000 fit L, I M A So 6s.... 83
2000 8t LAS F gen ct sta 4s 'M
3000 St Loula bwn 1st 4s.. 70ti
8000 Seaboard A L, adl 6s.. 03
6000 Seaboard A U rfd 4s.. 74
BOO South Uell 6s 07
21000 South Pao cv 4s B'M
00000 S Pao cv rto t p Bs '84.10o
18000 South Pac rfd 4s 83U
10000 South Hwy gen 4s.... fioj.
44000 South Itwy con 6s.... 1)71
1000 South Ity Hem D 4s.. 4U
ouou 'ienn u & 1 id os.
0000 Texas Co cv Us...
11300 Third Ave ad) 6a.
8000 U H Qov reg 2s..
23000 U S Itubber Os....
82000 U S Steel 6a
18000 Union Pao lat 4a.
83000 Union Pao cv 4n..
10000 Union Pac rfd 4a.
10000 Un Ilwva 8 F 4s..
uooo va as urown liros
ti loii.
101
KU
112
8.1
OK
7t4
80
Soi
63
100"4
87
87
87i
100 Jj
luo4
87'
12S
8
114
81
05
-as
9
424
03
07
U7,,
825
Kic
,'T
lot
77
10J)i
K7V,.
43
IN)
ISO
i'H
7(1
0.)
M
11
103
8'.
83
11214
02
IK
101
12J'i
DO.
121!,
87
1U7
M
74
40V4
"?,
81
7M
81
7Ut
1025
103,,
l2
70".
78
10UV4
80
88
80V4
83
10014
OUJi
IUI'
8S4t
101).
"
113
M
08
47.
8t,7i
if
gs
10O',i
87
87
871
HlOtJ
z$
lafU
i
IS
t
,. 88
..102
..102i
.. 03T4
.... 85
.... 40
.... 6Mi
... 08Z
08
8000 Va Car Chm 1st 6s,
tuvu waoasn 4s IB,
6000 Wabash 1st Bs 101
80000 Wabash 2d 6a 81
183000 Wab Hq ct sta 4a.... 1BV4
82000 Wab Equ ct 4s ....... 18
40000 Wab-P Ter 1st ot 4s.. 1
1000 West Electric 6s. ..,..101
8000 West Electrle cv 6b...105$5
140000 WB1M 0V 6s w 1..184
6000 West Shore 4s IHH
2000 Wlacon Cent gen 4s... 82(4
21000 Wis Cen 8 A D D 4s. . 83
841
974i
05
102V4
7H
ns
102'(
10:
1)1'
HI
48'),
St
13
15
1035
120
80
02'4
02il
834!
1)1
85
4SC
82V4
82H
83
42J4
"I?
82t,
100
OOiJ
B7
88(1
05
88
1021;
83)1
Ul'
83'
4H
61
SSj
,oi(,5
15
1JH
10l7i
103
81,
Total sales, 4.433,000. compared with J3.KI7,.
000 yesterday; thus far this week. 111,877,000;
same period last week, 317,205,000.
" BANK CLEARINGS
Dank clearings today, compared with cor
responding day last two years:
1H1S. 11)14. IMS.
Phl1adelphla.t30.235.533 124,280,581 $30.31, MS
Ronton .... 30,4"A00O 21.801,771 20,422.660
New York...478,M5,030 207,370.002 S20.876.445
Chicago .... 65,370.123 48,67)8,628 63,507,938
RATES FOR MONEY
Call. Time.
Philadelphia 8 04 BUiM?.
New York lViw2 2UW3
Boston 8 SW'ia.i
Chicago , 8VWT4 4
Commercial paper. 8 to 6 months, Phlladel.
phla, 8C4 per cent.
Financial Briefs
The unfilled tonnare of the United States
Bteel Corporation for September, whloh
will be made public on Saturday, will
show a moderato Increase of probably
between 0,000 and 100.000 tons, oompared
with a slight deereaao In August
Iron Age gives pig Iron production In
September as 1SS2.E61 tons, or 95.0S5 tods
a day, well beyond the daily rate of 2,.
SO torus In February. 1913, the previous
record month. The SCS furnaces In blast
October 1, a gain of 19 In the month,
had a dally cepacl'y of 87,533 tons and, as
a few furnaces have blown In the paat
week, pig Iron production Is now at the
rate of about 36,000,000 tons a year.
By declaring a quarterly dividend of
2 pel, cent, the American ,3as Company
Increased the annual rate from 7 to 8
per cent.
Quite a number of changes In quota
tions were recorded at today's local
auction sales of securities, Fourth Street
Dank rose VA and Flro Association 84.
Hank of North America advanced 4,
and Lumbermen's Insurance, ZVi. Bel
mont Trust fell 854 and Farmers and Me
chanics' Bank 3. Stetson rose &V4 points,
Transactions In Mldvalo Steel and Ord
nance Company stock, when Issued, were
reported on the New York Curb amount
ing to IS tihares at 130 per share, Later
quoted 125 bid. Old Mldvale Steel stock
is offered at f600.
'There has been admitted to the regular
Hat of the Philadelphia Stock exchange
11,507,090 general mortgage, series A, S
per cent, gold bonds ot the Lehigh and
New England Railroad Company, due
July 1, 1M.
V, D. Sklpworth was elected a director
of the Chicago and Alton, succeeding the
late Edward TUden.
At the annual meeting of the Chicago
Great Western Edward A. Oudahy was
elected director to succeed Edward N.
Hurley,
The IVasfcUn Trust few ad44 . to
Ha aitrs-luf, reattlnc that account ,.
The New York Venlcs aalned from 11m
Subtraaaury yetrtlay UMMt. and gaiaed
y I v,nt.m mm irimy,
FOREIGN EXCHANGE
Sterling Opening
Demand .
Cables . . ,
Franee
Demand ,
Cables . ...
.Marks
Demand . .
Cablea ....
4.70
4.70VJ
&0
B.1
slH
8H
Illsh.
4.WV
.io;
.7P
B.18
MV4
8i
Close.
4.70V4
4.70
B.7
8.18
8U
8tH
Tea.
Close.
4.10
4.70H
8.80
8,10
8IV4
8SK
LONDON FINANCE
AWAITS RESULTS
IN BALKAN CRISIS
Trading Hesitates Pending
Developments in Bul
garian Situation
FEW BRITISH BUY LOAN
By FRANCIS W. HIRST
Rdltor of "The Economist."
Special Calls to the Evening Lrdger.
LONDON, Oct. 6.-ThouKh great satis
faction Is naturally felt nt the great re
sponse of the American subscription to
the exchange loan, public attention Is now
concentrated on tho. dramatic develop
ments In the Dnlkans, which threaten an
other fratricidal war In Mncedqnla, Old
friends of Bulgaria here, like Sir Edwin
Pears, who gave the tlrst Intelligence ot
the Bulgarian atrocities In 1876, declare
that 90 per cent, of the Bulgarian people
abhor the prospect ot war with IUissln.
Tho London press Axes tho responsibil
ity for the present crisis on the Inordin
ate ambition of King Ferdinand, who Is
said to have been promised Constantinople
by the Ccntrar Powers.
Bulgarian mobilization enables the Bul
garian King to force an unpopular war
on his subjects by decree without parlia
mentary sanction. The situation explains
tho hesitancy of the stock markets today.
The Treasury's warning against Invest
ment from this side In your loan was wel
comed, though only a fow can have at
tempted such an unpatriotic and unin
telligent action.
The darkening ot London streets,
though disagreeable, should have a good
effect In stopping much waste of money
In evening amusements.
Our newspapers have been hard hit by
the shrinking of advertisement revenue
and are protesting against the Increased
budget chargps for telegrams and post
age. The Postmaster General's reply Is
not encouraging, but It Is surely unfair
to levy special taxes on war losses.
WHEAT HIGHER;
BUYING HEAVY
Speculators Have Returned to
the Market Trading
Light in Corn
CHICAGO, Oct. 6. Strength In outsldo
markets and light spring receipts wcro
factors In giving buoyancy to local prices
at the opening of the grain market today.
Buying was heavy In tho early hours nnd
both December and May went above tho
dollar mark, and It Is said by bulls that
It will not go below for a few days. Tho
rlso extended to about 6 cents, and was
accompanied by reports of freezing
weather In Iowa. A reaction followed
later.
Speculators have again entered the
market and business stimulation followed,
although It was predicted there would be
much "squeezing" done If caution was
not used In trading. Many operators aro
advising buying on the breaks.
The drop of from 1 to 2 cents In tho
cash situation has assisted In fortifying
tho position of wheat. Light stocks. It
is said, will also hove to bo considered
by the bears when they attempt to bring
prices down.
Little trading was done In corn. It is
reported that the short element is cover
ing In anticipation of frost damage from
the corn belts. Prices held fairly steady
with an apparent firm undertone
ISxport sales reported approximated
200.000 bushels, with no report of sea
board business from cash handlers. It
Is rumoured that 700,000 bUBhels of Manl
tobos are to be Imported from Canada by
domestic consumers.
Liverpool was Arm. United Kingdom
weather reports are unsatisfactory. Car
goes were Irregular, with spot firm and
unchanged.
Leading futures ranged sa follows:
.... YestVa
wneai upen. mien.
December .. l.OO'l LOfltt
Mar l.oo 1.08
corn mow oeuveryj
Low. Clnsa,
1.00H 'LOIH
October
December
Hay ....
Oats
December May ....
Lard
October .
Xo ember
January .
nibs
October .
November
January
lnrh
October .
December
January
6flii
. 3S
. 0.20
.0.07
. JUT
. 0.t5
. 1.2T
. 0.2S
.1.105
-14.21!
.1US2
lild. tAsked.
IH "I
68i
R7'4
aw.
9.20
0.22
0.40
0.22
i'.io
14.10
14.40
17.15
6:
fit
fit!'
8SS
8.12
S.05
0.17 0.1 B
0.22
Al
158&
87i
80(4
D.IK
0.17
t0.32
0.20
0.2.1
9.85
close.
!858
3K
Yi
13.0R 14.10
14.2.1 M4.40
tss
0.0a
11.05
0.17
19.12
6.17
0.25
18.S7
14 00
10.83 17.12 tit). 83
Sales in Philadelphia
Yss. otoee. High. Law. Close.
MO Allls Chalm
120 Am Loco roil
110 Baldwin Loco. 112
(13 Duff A P t e pf 411
AM Brill JO C3
13500 Cambria Bteel.. 67
100 Chea A Ohio ...
10 Crucible 8teeL.. ..
200 Slat Becur
62S Electrlo Stersge. 74
100 Erie S2
100 Oen Asphalt ... A3H
25 do pret 71H
0 Ins Co N Am.... 23H
695 Lake Ep Corp. BH
Id Lehigh Nr ... TOU
1 Lehigh Valley.. Ts
201 Leh Val Tr pfd 88
200 Miami Cop...... 84H
030 Pa It It SOVi
120 ra Salt Mfg.. ..105
121 ra Bteel 00
43 do pref ...... 02
BO I'M la Co ...... 47U
IDS do cum pref... UK
.150 Thlla Eleo 28
101 Thlla It T 12tf
1400 do tr ct...... 12H
1.10 Phlla Traction.. 70
71 IUy Cons ...... 25
t.0 nep Ir A 8
f,M Tonopah I3el...81M
012 Tonorah Mln... 6i
1277 Union Tract.... 414
420 United Oaa Imp FA
11040 U 8 Steel 78H
053 Warwick IAS 104
AS Wm Cramp A B. 00
41 fork nwy pref. 30
tLast Saturday's close.
Total sales, 35,(550 shares, compared with
2M180 shares ifWerday; thus far thle week,
100,200 shares; last week. 181,302 sharea.
BONDS.
Lnat
prev.aale. High. Low. Close
1000 Am O A El Ss,. S7i 87tf 87U 874
1000 Bald Lo 1st 8S..108U lO.T.i 103 ICS'.i
1801 C S scp Feb '17.100 101 101 101
7144 do May 1017.. 100 101 101 101
1000 Choo A-O con Bs 04 01 04 04
7000 El A P Tr 4s... 74H 74H 74'i 7414
100O Intstate lira 4a .. o8H 69',4 Mtj
NXI0 L Nav con 411. 89i 00'i 80V& 09i
2000 h Val gen 4s.l00 89, 99H 00
1000 do gen 4 87' 874 8714 87V4
0000 l'enna gen 44s. 07i 07 07 97H
0000 do cons 44s,.108H 103 103 103
8000 Phlla Co con Cs. 87H 87 87 87
10(10 do lat 5 100 100 100 100
82 do scrip 1910. .100 100 100 100
0182 do 1918 98 OS 93 98
1000 Heading 2d Bs.. .. 10K 100 109H
20000 Un nwy Inv Es. 78 75 74 73
Total sain. $87,669. compared with $51,561
yesterday: thus far thla week, $287,733; last
week, 128,02.
43!4 43 43
67H 83 A3
UO 110 UO
11 414 41H
04 00H 81
C81i 87 0
S3H B3H M
81 81 81
8AS 86ft 86H
74 78 74
82S 82K 32
32K 32 82
71 u n
23H 23tt 23J4
0 8 0
15 TCV4 tt
72 72 72
88 87V4 87
33 33 S3
67 B6tf M
103 103 103
00 00
03 92 92
47 47 !
43 43 43
26 25 2
12 12 12
12 12 12
70 70 78
26 23 20
49 49 49
1 3 8 3
B 8 8
42 41 41
88 83 ,85
79 78 78
10 10 10
87 87 87
30 SO 30
Local Bid and Asked
Teaterday.
Buffalo A Sua to...
do pref
J O Brill
Baldwin
do pref ............
Cambria Steel
Electrlo Storage ....
General Asphalt
do pref
Key Tel
do t c
do pfd
Lake Sun Corp
Lehigh Nav
Lehigh Vol
Lehigh Val Tr
do pfd .....
Pennsylvania
rhlla Dlectrlo
phlla Co
do 8 per cent. pr'f.
do C rer cent. pref. .
Phlla Kaptd Transit..
do t a
Reading
Tonopah Belmont ....
Tnnoniih Mlnlnff .....
"Union Traction
U. O. I
U. S. 8teel
York Hallway
do pref ..
Wm. Cramp t a......
Lake Superior Annual Report
The annual report ot tba Lake Superior Cor-
tns etoeic-
to ths tun
follows:
'bo far aa the Alcoroa Central Hallway la
concerned the Interesta ot the railway and ot
tne terminals are to a great extent dependent
Industrie
una aunuai report or ma i.avo u
poretlon, read at the meetlnx of
holders In Camden today, referred
subsidiaries In receivership aa folic
upon the ro-oceratlon of the other
conironaa ny ana associates witn the
Lake
Superior Corporation, ao that a satisfactory
outcome ot present difficulties may b looked
for.
Today.
ma. ask. ma. ask.
12 12 12 18
41 42 41i 42
00 00 02 3
168 10S5 114& 115
fiivi 7 67
73 75 74 75
.12 33 .12 33
70 71 71 71
13 14 14 14
13 14 14 14
t 60 G5 08
R 8 8
7BU 76 7.1 76
72 72 72 73
IR IS'J 18 18
37 .17 .17 87
BAJ4 57 B0 561
25 23 2.1J 21
46 47$ 47 48
S8 40 3H 40
41 41 43 41
12 12 12 12
12 12 12 1-M
7 76 76 70
sg 3 J :i2
B 5 B OS
41 41 41 42
83 86 86 86
!!e 7?S 7SS
, .. 80 .. 30
83 87 86 88
. !
NEW YORK CURB
Braden
Brlttah.Amerlcan Tobacco old ...
British-American Tobacco new ..
Car Light
noldlleld Consolidated
Greens Cananea
Int Marine
do pfd ...
Kenc't Copper
Lehigh Valley Coal Sales
Magma Copper
NlplSktng
Otis Elevator
Otis Elevator preferred
niker-IIegeman
Submarine
Sterling Gum
Tobacco Products
United Cigar Stores
United Cigar Stores preferred ...
United Profit Sharing new IV
World rum 3
Yukon Gold 2
Bid. Asked.
B 0
13 14
, 14 15
0 S
1 1
38 40
(I 6
32 S2(J
K2 53
1M) 160
13 14
6 7
72 75
01 94
B'4 5
80 40
2ft 2
. 40 41
98 103
no i?n
I B
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Bid.
.77
.10
19
.29
$
.09
64
Jim Butler ...................
Midway .......,
Mlzpah Extension .............
Montana ..............,..
Northern Star
Tonopah Belmont .............
Tonopah Extenalon ....,
Tonopah Merger .....
Tonopah Mining
Rescue Eula
West End
00LD7IELD STOCKS.
Atlanta
lilua null ,
Booth .. ..........
Bulldog
C O. D
Comb, Fraction .....
DtamondBeld B, IX.
Daisy
Florence
Ooldflsld Cona .............., LSI
OoldSsld Merger .17
Jumbo Extension 1,10
Kewanaa 82
MISCELLANEOUS.
Fairy Artso x...... 01
Klmbsrly ...,..,.......,....,, ,o,
Nevada IIIU is
Nevada Wonder 1.38
.-.. ....,,
..,,......,
26
03
.40
.02
.03
.07
.04
04
44
CALLS FOR MORE MARGINS MET
WITH LIBERAL RESPOND
Demand for High-Grade Securities to a Certain Ext
Supplanted the Boom m War Supply Shares
on the Local Exchange
Brokers' offices In Ihls city today Trerw
even more crowded than has been usual
since the war stock boom started be
cause of the calls for additional margins
sent out. Shares on which 10 per cenL
had previously been required were pushed
up to 40 per cent, while Bethlehem Steel,
on which a M per cent, margin has been
asked by many houses of late, was
boosted as high as 100 per cent. In some
Instances, It Is worthy of note that
ready response was met nearly every
where, snd that comparatively few ac
counts were forced Into liquidation, illustrating-
the strong- position of the local
market situation. It Is thought this
week's bank statement will show a re
duction In loans.
As a matter of fact, the Philadelphia
banks have all nlong pursued a conserva
tive course In the matter of Stock Ex
change loans, so that the margin changes
above described were not widespread as
they were In New York. Although Cam
bria Steel and United States Steel were
still quite actively traded In, there was
noted an Increased Interest In Pennsyl
vania Railroad, Philadelphia Company
nnd the local traction shares, which was
taken as a good sign. There was also a
substantial demand for bonds, notably the
Philadelphia Company, United Railway
Investment Issues, Lehigh Navigation
and Pennsylvania 4Vjs also came In for a
share of attention.
Tho stocks on which merger romea.
have been converging; were all first say
ing tne eariy irauum, except urni, tonM
dropped back a couple ot polnta on ItsM
sales. Pennsylvania Steel common an
sold at M, while tha preferred scored,
point gain, as did Cambria. Tha latter1
however, did not fully maintain Its rW
A wide open break In Baldwin Lecftw:
tlve unsettled the list around mldstd
Prices turned weak all around, with BrS
again working contrary to the mirks?
with a rally that carried It above last
night's close. Brokers still Insist the
they see signs of accumulation going oa
In this Issue, Pennsylvania Salt lotfa
tiart of yesterday's gain.
In the final dealings rallies occurred In
amona oicci, miiuu ruso iu me nlgheet
of the day, crossing 68, and In United
States Steel, when short coverings hj
along a recovery. Philadelphia EltctiM
Decame a strong ipoi, selling up to
the year's best price.
Announcement from Washington thti
the Cramp Shipbuilding Company aw
been the lowest bidder on three new
destroyers for the United States Oorecj,
ment at a price of 1833,000 each, failed (a
stimulate the stock on 'change. Tba
yards are running full time now and wtt
the two new Atlantic-Quit boats order.1
as well as the prospect of other nrdtn'
this condition should be maintained trl
some time to come. In the last hour
uramp snares soia on. aooui a points.
PHILADELPHIA MARKETS
Asked.
.Ttf
.12
.20
.31
.12
3i
2
OV,
.10
.Sd
.27
.04
.42
.W
.03
.09
.04
.OH
.411
1.43
.18
1.1a
.oa
.09
.18
L4U
'In connection with tha iav Rtinr!Af pa.
poratlon'a mttrest In tha AJgoma, Central
jta
tallway your directors hava In rAnt.mrJa.
tlon Bonding representatives across to Lon
don for the purpose of conferring- with the
bondholders' committees with a view to ar
riving at an arrangement mutually aatlafac
tory to all parties. The Lake Superior Cor
poration la .not only largely interested In tha
equity of the Algoma Central Railway Com
pany, but It Is anxloua to aee the railway
situation satisfactorily settled on account of
the bearing wnlch the operation ot the road haa
upon the other Industrlsa at the Sault. The
railroad, aa can be easily understood, has an
alternative outlet via the Canadian Northern
and National Transcontinental Hallways.
"Again I must refer you to the annual re
port aa to the situation In connection with the
Algotaa Steel Corporation, our most important
company. There la no doubt about ft that
exceptional conditions have prevailed during
the past 12 months, and It Is greatly to ba
regretted that the Steel Company la now only
aula to reap aoma of tha bensnta which other
steel companies are reaping through the heavy
demands for steel products consequent upon
the F.uropean troublee. In view of the raot
that 1 ara calling upon Wr, Frater Taylor to
deal more specWcally with the steel situation
I ahall curtail my remarka here. 1 would ear.
however, that an Improvement haa been madi
,n tha situation. The particular quality of
Meal through lack or which we were euf
'?!T.J te,l!,t "'""N but surely provided
w,Vl "J..??11" ,hJ.t.tbe B1"1 Pompanyli IS
alght of batter conditions generally.
v.'l '. ? abnormal war conditions
which characterised tha last fiscal year. In'
teres, could not be paid on the Income bonds.
This U a raattsr of great regret to your dl
rectory. I would, however, remark that dur.
lag the last 12 months or so tha first inert.
gag, bonded Indebtedness of the corporaUon
lias been reduced by about IMO.ceO.
"The 12 months that have elapsed since tha
UM.?,, vXJnf waa held have bean the
most trying that Cave yet been eiperlenced
V! li corporation. The cordial eo-opeSTtiou
b; ahareholdera fe earnestly desired by
your directors, and I rest eonndent from thi
SSJnu,.fc7fp?.M J"1"!. " tho truest tor
support iodV;" "" "" 'w "WWmous
.Harvey T. Underbill and A. 1L Chltly were
J.1?'?4 luTt0 t succeed. PotlT.lr!
remaining present directors were re-elect
jfouowmg ine meeting the board orga
to jna j, yrater Taylor. The
elected,
organised
10 auo-general
rranx
.'l"" " ""iing in noara orgi
hy eljctUig W. M. Btatert president; (
l-ssd Thonus dthson. who continues as g
COUnsel. TllS hoTA rm.mAmi.tmA W r. m
I snd 11 CsppelJ vice presidents and James
iWlor, Other eeice,, ra ifa-aJaalaaC f "wr
COTTON
NBW TOTtK. Oct. 6, Offsringa of eetten
were qu He large on the call thla morning and
the market opened easy at a decline of u to
IS polnta. Wall street Interests sold, while
commission houses bought. After the cell a
good demand developed and the list moved ud
sharply for a time, but tl gain waa not
maintained and prlcea relapasd to around ths
opening levels,
'il. VL u,t. ?Sr v"f. weakened further
until they ruled from 21 to S3 points under
1 es. close, upen.
12.03 12.87
12.n1
12 37
13.18
1S.SS
11.34
12.70
Januai
Daeember ..,.12.73
October ...... 12.80
March ....... 13.25
May .....,,13.44
July ,,13.4S
Opot ..-.., 12.78
Irish.
18.01
12.SS
12.32
18.31
18.48
13.40
tmfw. Close.
12.63 12.ro
12.7T
12.4R
12.25
12.23
13.10
13.63
12.20
13.13
18J13
13.37
NEW YORK COFFEE MAIIKET
NEW TOItK. Oct. a-The market for cofTee
futures again owned atronr, 8 to 0 pblnta
above last night's finals. In the afternoon
prices reacted aa much as 1 points below the
SwSSSfii SJ"JL,WS f !
Today'
ooenlnr
..... 0.40
Deeember
February ...... ....
Afarcs .,.,,,,, H.63
May ,,,.., S.A4
July .70f.M)
August ........ 6.7636.S3
Today's YeaterdaVa
mS" cloae
D.oio.oa e.Hiv
A.8O1
2f .4sl
oHJfl.on 0,ij(
aToie,7i ,
LIVE STOCK QUOTATIONS
ClTICAOO Oct .-HOa8.-neeelpta. 18,000
baadt maraet atsady and strong. Mixed and
;eI-l? heavy. 17.268.40!
VII It.1., ' v k. m-ZZ
its;
market
butrhsrs.
rough heavy.
rougo Heavy. as,vuPT.20: light '
pigs. SeiSgr.Mi bulk, t.60-.io.
rCATTI.ia.-Recslpta, ll.CeThi,
tteady; 10a. higher. Beervaa.
head 1
ao.24ejno.nj)!
cows ana neiiers. ao.sotre.70i Texans M.iuss
8.801 calves. 0. 00,11.75; ' as, O,(0y
BIfEBP.-Receipts 80.080 hsad; market
5iibMJUV, ni W"18"1. 3w.40; lamb..
NEW YORK BUTTER AND EGGS
v.i.-.. -.,in. -MijAiaavT-xr;!- "T""-
tiflm . ImlLllAn au.' aa'JTa , ".S
liKk.-Warket luhr: reoetaTa', 12
nmmmmm avsrte-a ls-aits " J . "a..." .t '
r;:u ii, ,,;iSLucT?i .
llfjiai v .a iifjaspi, 1 in
'iIafrMlV
HTf
tUt wHV4M.
J
IHstssOTOaiy Of ACMMUJsiTAM-WI
I'ArttsjA, MW Aceati ,,-f
GRAIN AND FLOUR
WHEAT. Receipts, 240,075 bush. The mar
ket further advanced 3c. under a fairly active
demand and atronger outside advices. Qujba
fionn. r"nr lots In export elevator. No. 4 rea.
.PV and Oc?o'b.r.n 81.2ei.l4! No. 2 Southern
red, 31.1031.12: etenmer No. 2 red, 1.0ai 11.
No. 3 red. 11.0001.11 i rejected A. 1.08H
1.0S4: rejected D. 81.0391.07.
COltN.-Uecelpts, 4000 bush. The ; m&rket
was meak and lc. lower under a i light de
mand. Quotations: Car Iota for local traoe. aa
to Scatlon.-Weatern No. 2 yellow 740750.:
Western steam-r yellow, T30He.: JVestern No.
3 yellow, 718720.: Delaware yellow, 7274c.
OATS.-nbceIpts. 53,145 buah. The. market
was quiet and unchanged. Quotations: No. 3
white, S040c; No. 4 white, 34637c., eample
oats. 301335c.; purified oats, as to quality,
58FLoim.-Tlecelpt. 2205 bbla. and 1.000J77
ln in sacks Trade was quiet, but mill
Imlta were furlheVi advanced lOAe. per bbl.
n aympathy with the co.ntlnuea advance In
wheat. Quotations per 100 lbs. In wooa
Winter clear, 4.7."Wrf5: do., atralght. SB in.
do nateiit l8.2."ie.K: Kanaaa. clear. Jute
ck..PaTsrrIrdo!: straight .lute "f4fJg
nittnt. 0eo.D0: city mills, regular graaes
ln?er. cl?. M.ljyAlBj d"-. straight, 3 0.160
B.40: do., patent, 85.40(35.63. ..n .
IlYE Fliouu ruled steady under email auo
pllei, but trade was quiet. We quote at JSO
5.25 per bbl., as to quality.
PROVISIONS
Thr was a fair Jobbing demand and valuea
werVlteldiy malnialnedf Following are the
mfoSitlon.T City beef. In sets. amokeS and alr-
hite"V S5 enknbuVk'(e.n KSJ unfef.:
KSS' 1280 : Pork "family, .321.22: ham.(
B. T. riired, loose. lzyiW.
ivurno. .7M' ,.-r -. -',. .; --. a
SiwWofons:
pickle, according to average lojse,l-Wfc
nned, tferce... : ..?'L 'ftvJS
QUAD.
nus, weigning 11 to 13 lbt. m
15, white, weighing 0 to 10 IW
fj.ioT..Ki; wnue, weigning a iw
t2.tl.1H2.7n: white, welshlnr 1 iCT
northern Illinois, fancy, weighing, 2HCS lWl
over, 18c: do., do., weighing 2K03 lbs,
mac.! inienor, louioc, apnng aucks, ntsxl
Vjrt ASIeklVei UWt i rsfivril, IvllylarS.J
ptr aoxen
do ten, 9494.:
rer aoien,
Dcr dozen.
rer dozen. i2.10Slt.35: white, weltrhinr
lbs. .per dozen, $1.001.75; dark, tl.boar,
mmmntm 11 ss a XTa e f
11141,18 SJLtlVA Vi h -
FRESH FRUITS
There waa a fair demand for choice stock sad
.AiuBj generally wcrs wen susiainea. Quota,
tlona: Apples, per bbl Jonathan. 33.5024 fr
Crab. t-Liti: Mcintosh. 83R3.S0: T-ir.ntrjr,,;.
2.763.G0; Hlush, 82.75&3.60: OravenitWnH
Weolthr. $2.r.OS; Grimes Golden, $2.Wtv
""".ii'm vzz2j:A"j.zr-"vj-ji
mer llambo, 12.3: Pippin, 2.
n?oCked.ld0Uc:j
cured. a to brana
In
ftv It at. tie
... ntaniLA inrn. uuaa wtui ,.-
rendered, in tubs. OH9'.4e-
REFINED SUGARS
The market waa quiet. Jut steady. Quota
,in. Risiidsrd rranulated, 4.05c: extra nne
A, 4.S0c: soft grades, 4.05O4.e5c.
DAIRY PRODUCTS
ntrrTmrL Trade was fslrly active
ffiiKtJ.'VTard. puro'clty. kettle renoerea
'..'-" 'A. .vlf - l.rf nure
wv.w7j., ;, r
and
..-.r .. -nA..mnimjt rresmarY aavancea o.
Z-S.Z ii.Kf Aif.rlnss. Quotations: Western
solid-packed creamery. Wne-W80. si,."' m
extras729c.: extra firsts. 2SOI8HC: firsts. 27
02714C.: sec'onds. 23W02H4C.: nearby Prints,
fancy. 82c: do., average extras. 30S31C.; do..
nraU 270290.: do., seconds. 23S26C.; Jobbing
sales of fancy prints, 3639e.
naos. The market ruled firm and 2c. per
doxen higher under small suppllea ana a good
demand, we quote ao wii.. " -SrjXK
nearby extras, 35c. per dosen: firsts. 89.800
0.60 per standard case; nearby current re
celntaT JR.709O per case: -Western extra firsts,
80.80fl0.60 per caae: firsts, 88.70O0 per eaae:
fancy selected candled eggs -were Jobbing at
37.V!e. per dozen.
CHEESE. Off ertngs were moderate but
ample and the market waa quiet and without
important change. Quotations: New York full
cream, fancy, new, lsweio;.: do., do., fair
to good, new. 14VitBc: do., part aklms,
e tf 12c
POULTRY
r rrv rhrA waa a fair demand for desirable
atoek and the market ruled ateady at quoted
uuoiaiiona: rowis, vo ai.s ,qu
Bum.
nouse. jz.goiw; Duchess. 8202.50; other vart.'B
etles. 2S2.00i No. 2 apples, 81.2381.78: cnlM
apples, per bush., 75s.e31 peaches, West VWaal
76c.B$l; peaches. West Virginia' and pSSL
Bylvanla, Elbertas, per basket. 85g)3ci
peaches, Jersey, per basket. lSflSOc! nSrK;',
i;AYolS Wberta, per basket Double extrsrt
4OS50C., fair to good, 30ffl35c.t peachea. OhlH
40tfNk!.. Iwnra r,.. KK1 B..,I ' ...:
a?n't i4.e8Bartle,ti.i?lV5: Beurro WAnJet
IJC3.BO: conimon, tl.50O2: grapea. DeUwarfl
"i"-.-" ' .,,) ., ,(juvaru, per carrier, aett
opc.: grapes, Delaware. Moore'a Early sm
Concord, per 4-lb. basket. pllo.: grapei, xiw'
ork, per 4-lb. basket-Delaware, lieiSt;
vjSfPr.i01-' Worden and Concord? I
Jjic: grapes. New Tork. per 10-lb. baaketZ
Coneord. 4O0Oc.: lemons.' per box, 823T7m
rtlwLT" r.eniSrF0rt0 n'r 4.25t!l
cranberries. Cape Cod. per bbl.. 8586: dotrci
J?aiJKr CI3Rt8' -T82; da, Jcreey,'pVrcrsWi
tlMfcl; Plums. Southern, ner huih" eieSl1
1.60: plums. Virginia. Damson, n.,- "v.ik 'CVA
ilV. 5BM1&S ft"" New York, per 20.1b. ulM
Laa b jT' y !, slow xorKt par e-lo. uiul
ket Bradshnw and Nlairara. iSflSS? tuKJ
81.232; t.Vn,mZi."'ZL-"" "???K "
VEGETABLES
.,!?. .r"lrjt'w" wnerally ateady under ntll
jratA offerings and a fair demand. QuotatlsM
..iino pouiioes, Pennsylvania, per biiiiL-.1
rw.ujt.ij.'gw'at
iAe'lvSSL K0- x oUler varieties, assist:
Nd. 2, 15B20C : sweet potatoes. JaW7w72'
TtT n -m.a- . T-.'"l
baaket No. 1, 31
Jtoc.:
2, 15020c.; onloin,
-. -aa ... i - r. -r:--r' -."vw.
lr iwij. nag. ai.auoi.7a: Cabbaire. doniMHA
r?Ii2T' ,r,i!! lry,N-.w York, 'per bune:;
I350c;: lettuce. New York, per 2-dos.'critel'
per- J-aoi. crate. J1.J5-4;
".mi, WW.H7S1.
ci lynjrn ra. h a
mushrooms, per 4 -lb.
BAR SILVER
NBW YORK, Oct. 6. Commercial bar'sH
ver waa quoted at 40 cents. In Iondea tee
IfUUiaitUII TVCS.ST Snl,a lVU,T3t
figures,
quality,
chickens.
as to size
LAWKBNCB B. HKOWN CO.
lSeiSc.;
and quality,
Iseons. old. E
per pair, 170 18o.
according to ouallty, 15818c.
. nA ntiAlltv. MrftlGo.! large i
nref erred: plgeona, old, per pair, 18820c; do,
12913c.;
iCo.; larx
BDrlnx-
ducks.
atsea
young,
DRESSED. The market ruled firm under
light offerings and a fair demand tor desirable
tnck. Following aro the quotattona: Freeh
killed Fowls, 12 to box, dry-picked and
dry-packed, fancy selected, lOHc: weighing 4tt
93 lbs. apiece. 10s.; welshing 8494 lbs. apiece.
lSc: weighing 3 lbs. apiece, 10317c.: weighing
under 3 lbs. apiece. 14H913Ho. fowls. Ice-
racked Western, 4V4 lbs. and , over apiece,
Bttc: do., smaller alias, 15017Mc; old roost
ers" dry-picked, 18c: chickens Jersey fsney
broilers 24928c. J otner nearby fancy broilers.
2224c: Western broilers, weighing 1H82 Iba.
apiece, 10920&: northern Illinois, fancy yellow
chickens, weighing 3H lbs. and over, 20921c. I
BONDS
FOR CONSERVATIVE i
INVESTMENT 4'
STOCKS 'i
BOUGHT AND SOLD
G00DALL,WISTER&C0l
MORRIS BLDG.
Members Phila. Stock Ezcbanje
alfj
YOUR SURPLUS FUNDS
The Philadelphia Klectrle Co. la la the envUble position of controlling
the entire electrlo lighting and power boslneea of (he city of Philadelphia.
A brief study of the alx-page circular we have prepared (sent free en
request) will shew you Its Intrinsic strength sod vast possibilities for Incre
ment In business and consequent appreciation of Its securities.
We maintain a statistical department at your service either personally
er by mall for Information as to any aecnrlly.
REED A. MORGAN & CO. XS&J&JJIg-
.....wVH w , .. U tvf wn eUwCUJf W
Brown Brothers & CoJ
F0VBTHArmCmanmjTSTIJEl7T -J
ruiLADELriUA.
1 Securities and Income
"7"M 4.rge oi secunues and collect Incomes for mm
uCB,K to uc reiievea or such details, crediting an accwJ
ouujetv 8u hicck or rsimuung amounts collected,
PeremPr,try Puc Sale in Partition
M . . at it Koe
r a v , tt'5-M 81a, Pla4eltJ. Bowae
vaiuaoie uentral Corner Location
J?tl2 24-26-2 S. 15th St
SSSnUsnT Site"
tnfANo, 'ss. 4, U7 kkMtit, rM. M.