a LEfteM PHrtADELPHTA, THtTBSDAY, OCTOBERS, 1915. FINANCIAL NEWS INVESTMENT AND SPTCr.TTT.ATTW. W -nr A T,tr.nm . ' J iviAJtiiviJixe llUJfT ALIVE BY DEALS They Establish That Men of Wealth Have Confidence. aaie or w right Aeroplane Company Latest. Setback in Stocks , , .. , . . NEW YORK. Oct. 14. Deals like the aalo of the Wright Aeroplane Company keep speculation alive. They rtppcftl to tho Imagination, for one thing. For nnother, they establish tho Important fact that men of wealth now have confidence. They have tested the Investment and speculative markets and have proved that big corporations i may bo organized and at once attract that public support without which tho filiation of a now corporation Is Impossible Mldvale Steel and Ordnance was an Instant success. Speculators were charmed by tho big names In the company and allured by Its plans, though these wore only dimly outlined, with the result that tho stock, of a par value of 60, sold at 77 on tho second day of trading In It. There Is a charm about ""' . li "I .: . "V "" "n--u aDout possibilities of aeroplane develop , merit that. It Is believed, wilt lead to active bidding for the now aeroplane stock ns soon as It Is offered. , A member of tho syndicate which bought the Wright business compares the Present stage of tho aeroplano business with the early stages of tho auto mobile business. The early years of that Industry wero years of Invention rather than of business success, and financial embarrassments were many until the business became stabilised, and capital flew Into it In a large way. go with tho aeroplano In this country. While Inventions and Improvements have been many, tho manufacturing companies have not developed tho com mercial side of the business In any way commensurate with the visions that any one may conceive of tho possibilities of development. W. B. Thompson, who heads tho aeroplane syndicate. Is one of tho men who first sensed tho chango In American business as a result of the war Ho took ono fair-sized fortuno out of Electric Boat and another out of In Bplratlon Copper. Ho Is a man of imagination, but a precise business man for all that, and his associates In tho syndicate think that he will develop the aeroplano business to tho limit of Its possibilities. Liberal realising brought about a setback in 'stocks on tho Exchange In the trading today. There was not as great a demand for securities as has been tho case for somo tlmo past, and there was more of a disposition among traders to tako some of the rroflts which have been realized on the recent uplift. This was particularly true of tho railroad shares, although tho losses In that group were not large. Thero was a rather freo supply at concessions. A largo contributing factor In tho downturn was that securities wew. being sold by London in connection with tho arrangements of the loan commission In its program for steadying sterling exchango rates. The heaviest sales of this character wore In United States Steel, Anaconda, Union Pacific. Canadian Pacific and Southern Pacific. Tho largest losses wero suffered by the specialties. General Motors, for instance, dropped 11 points below tho final of yes tcrday. after having gone eight points higher, while Baldwin lost over seven points. During the morning both Bethlehem Steel and Studebaker soared to new high levels, tho latter becoming weak In the afternoon. There was a sensational leap of 27 points In South Porto Rico Sugar. Some of the' gain was lost In tho final dealings. The closing was Irregular. Steel Prices Again Advanced Some Eastern- makers aro now getting Sl.45. Pittsburgh, on bar plates and structural, an advance of i per ton over the minimum made by Central West makers. Demand in tho East Is far greater than the production, and higher prices are predicted. Cast-iron plpo was raised Jl a ton today DOLLAR EXCHANGE NOT POSSIBLE NOW World-wide Trade and Banking Relations Necessary, Says As- sistant secretary ot Treasury WASHINGTON. Oct. M.Tlollnr . Kchangofwlll never supplant sterling eac- -change In the money markets of the world until the United States has built up tho machinery for such a system in the form of world-wide trade and bank ing relations, extension of foreign com merce and the acquisition of a real mer chant marine, according to Assistant Sec retary of the Treasury William P. Mal burn. "Sterling exchange Is depressed In the United States at this time." said the ns slsant secretary, "but that does not mean that sterling is depressed every where. Furthermore, the fact that ster ling Is depressed in the United States is not sufficient to depress the value of the British pound everywhere, simply because the trade Influences of the United States aro not felt everywhere." REDUCE REDISCOUNT RATE Tho directors of tho Federal Reserve Bank ot Philadelphia, at their meeting today, authorized a reduction In the re discount rato on maturities exceeding 90 days and up to six months from 6 to 4',i per cent. BANK CLEARINGS Bank clearings today compare with corre pondlnc day laat two years: 1015. 11)14. 1918. Philadelphia tU. 2M.201 $32,(107.435 135,085,329 New Yurk..5HU,ti32.&il Ml,.Vtl,(i07 JU.fvH.USi Boston 38,403,110 20,145,000 40,000,1:80 RATES FOR MONEY Philadelphia New York .. Call. Time. Juffi &2i fag Boston ; 3 3V4J?i i Chicago ........... ......... aural 4 ! IM wiMHicivmi paper, o lo o mujilliv, 1 luiauci- U$ WUa, 34 per cent. COTTON NEW YORK. Oct- 14. Business was BS smaller on the Cotton Exchange this S v ""IB, uui ina xono was nrraer, wiui t prices 8 to 10 points higher. Operations were mixed. The report of the Census , Bureau on the consumption of cotton In btpiember was without influence. The weather in tho belt was considered un favorable. The market at Liverpool was quiet. In the afternoon the tone became easier S and prices slipped back until a level 7 10 points below Wednesday's close haa been established. At the end July fell 39 points in all, the other months holding relatively better, being down from 10 to 15 points only. Yea. ciose. Onen. Hlch. Low. Close. January .. ,. 12.70 12.8S 12.80 12.C1S 12.0S DecemhAi' October . , March gMay ..., Spot ...12.03 12.71 12.71 12.50 12.52 . 12.42 12.25 12.II7 12.21 12 I'll 13.01 13.08 13.00 12.80 12.00 ..13.10 13.20 13.211 13.04 1:1.04 ...13.45 13.27 13.28 13,00 13,00 . 12.50 12.40 "' NEW YORK BUTTER AND EGGS NEW YOnK. Oct. 14. BOTTEn.-Market ? r. . receipts. 10,3m packages, extra, "S?f74.hl'!,."r. ""'In-. 20820(4 Btate dairy, "Mw i Imitation creamery, 23021c. EOCM. -Market unsettled, receipt!. 10 021 packages extra firsts, 31633c . firsts, 27llOo.j nrby wlijtew. 4SS0c j mixed color, 278350. i Kr'rator jdrata, 21Js25ci nearby browna. NEW YORK COFFEE MARKET NL YOHK, Oct. It.-Tradlnr on tho Coffee SF'WP M fairly today. First prices dls- ' R'A""1 '"regularity, but clwnses were within a 4BrrtifT...j . .. . "-. -1..W..". l-V" 3 K "V u, ana me close round prices J to TwIiSOiJ EiVe ',nBl, 9J,er,'- Total salei baits, IWlober IVmber nuary fer" -V.V Jul? ? August eentemLr t Onrd. Today's Today's Yesterday a owning. close. close . . 6 2MJ0.27 .... .... 0 250.27 0.811 ll.21.8fl.30 U.27CU20 0.'vKa.35 0.33(10.33 tlSOill.:il ..... .... II.3MO.S7 , 6.40 0.4108.11 0.401,0.42' .... H45S1fl.47 tWTju.52 6.52Q0.D3 .4Utttl.fil M.VT , .. H..VW.H.5H a iij e. 03 & aoo H.innit.02 . .U70 .... o.nseo.o'j 0.7266.75 O.7560.T7 6.750.70 ENGLISH RESERVES LOWER P LONDON. Oct. 14. The weekly state- m-ni of the Bank of England shows a uecrcuse of 78,00p in reserves ana a 'falling off of i.H0O) In bullion holdings, Ptll rollows vMa.t-. m.A-.l 9 ssa.4 aKshablr flrrulal'oi. a,"n.!mi,iavi VVJ 87H.OOT r;.i. irpotlis . . . .ll.awi.lTAl pi,.tii,ww .'! deposit , 07.17.10.1 18,01 000 JM-ernn'rn' . vrltles 2.111111.0 0 il.ft.iiii '. JiPUrllM IH.701.IUal 110.2 '0OO0 tpmutlon vt reserve. . i,Uab "w" If.JO 2.a Sltn . J9.i.3JSQ ej.Sll.ooo GRAINS EASIER; BIG SALE OF OATS Favorable Weather and Increas ed Country Movements Tend ed to Weaken Wheat CHICAGO, Oct .-An easier tone pre yaned In the grain market at the open ing today. Trading in the early hours was featureless. Variations in prices were comparatively slight. Favorable weather rrom the chief ffraln-growlng centres and Increasing country movements were forthcoming. Commission houses ap peared to have lota of selling orders, with buyers going along cautiously, but it is believed by some that a bull market Is in the making, caused by the increas ing speculative Interests, and traders are advising freedom from short selling at this time. Prices continued to ease off during most of the afternoon, and the close was about two cents below yesterday's nnat figures. It Is reported that shorts In December corn are getting nervous at the increas ing scarcity of contract corn. Prices to day were fairly firm at the opening, with Indications that they would follow the trend of wheat prices. Exports reported totaled 1,600,000 bushels of Manltobas and 200,000 bushels of Durum; 500,000 bushels of oats. Chicago cash handlers sold 15,000 bushels ot wheat, 95,000 bushels of corn and 225.000 bushels of oats, of which 110.000 bushels wore for seaboard delivery. Leading futures ranged as follows; re7 . ?.?&; illfSi fsr4 ?jffiT!is "ZteVXi-iAV. ati-orS i.'oo& October .... eiti C3 62 2Vi 61M. December .. flii'i SOW R8 M2 B0f? SIaVti 61 01 00 . cog 01 December .. 3Mi M 37K t-1?4 38U May 40 40 30iJ '3 4o" October .,,,0.05 0.03 0.02 n.(B 0 00 November , . O 05 0.07 0.02 to 03 o'o2 January .... 0.70 U.72 0.07 T0.70 0.07 Iilba October ....9.72 0.8.1 9.75 0.85 40.75 January .... 0.72 0.75 0.70 0.70 fo.70 I'ork October ..,.15.10 15.20 15.05 15.03 15.07 December ..15.15 15.4.1 1.1.1.1 15.30 1,1.30 January ....18.00 18.20 17.05 tlS.OO 18.00 131J. tAakcd. NEW YORK CURB . Did. Aaked. Uradcn Copper , u ui Hrlllih-Amtrlcan Tobacco old 14 1.1 Ilrltlsli.Amerlcan Tobacco new .... 14 15U Car Light n nil aoldflrld Consolidated I'.T 1'., Int Marine ,, W. 7I dopref 34ft 35 KencU Conner 54 fll I.ehifh Valley Coal Sales 100 170 Mamna Copper MK 11 Nlplulnc 6 7H OtU Klevator 73 74 do pref 94 DA Hlker-llegeman 1 0)4 Bubmarlna 4 .114 40 Merlins Cum 2 atf Tobacco Products 41 41 United I'roflt Eharlng new 2'., ju World jfllrn 4 4 Yukon Oold 2U 2H LIVESTOCK QUOTATIONS CIIICAOO. Oct. 14.-11008. Hecelpta, I6.000i market eteaMv to 8c. hlsher; mixed and butchers, 7.8308 03; good heavy, T.8CK1T.I0; rouS heavy. 7.4.H8775: lljjht I7.80g8.8i bias, go.2.17.60; bulk, JH.SOeS.tt. ' CATTl.n. Itecelpta. 5500, market ataady; beeves, 5.2.V3ia2.1; cows and heifers'. f'l.S.vJ 8.7E. 1'exans, 10.0588: calvea, U.BOU.73. BUEKI'. Kecelp's. 11.000; market lOs. to 15c. hlsher, natle and Western. 167 lambs, tlU 8.W. MINING STOCK QUOTATIONS , . TONOPAH 8TO0KS. Old. Asked. Jim Duller .78 .80 alacN'amara Ill .1 - Midway .12 Mlspah Extension .18 aionisiia ,..... Northern ntar .2)1 .10 Tonopah Uelraont 3'4 ionoi" . -- - Tonopah Merger 84 .88 Tonopah Mining .,,.. 0 b Itescue Eula .08 ,10 .18 .20 .30 12 4 in West End 66 ,68 GOLDFIELD STOCKS. Atlanta 20 ,27 lllue Dull t .03 ,04 llooth ..,.., ,41 ,43 llulldog ....,...,., .02 .03 Combination Fraction 08 . .10 Dlamondfleld 11 D ................ .04 ,04 Daisy v4 .05 Florence ... .... i .47 Goldneld Consolidated ., 1.8.1 ,40 OoldOeld Merger .18 .20 Jumbo Extension .......... ......1. JO ,ss Kewana ....,.... ,87 ,8H Oro V" .07 Rand Kan , .10 ,11 eilter lick 08 .00 MISCELLANEOUS. ralrr Asteo .01 ,03 Klmlerly .....M ,u? ? Nevada Hill ...........,.,,..,.. .10 .In Nevada Wonder ....1.81 1,42 BAR SILVER lJNDON, Oct. 14. Tho quotation for com merctal bar silver today ruled unchanged at 21 fBC. rM cw York Stock Sale Last close. High. Low". Clo. Adsm.Kxpresj 102 M 102 103 Alk Gold M 3t 33H M 33 AllU Chalmers Mfg.... 44! 441f 435f 43 Alllj Chslm Mf pf.... 74 74H 73H 74H Am At Chemical C8J C8M CSJf 0Sf Am ntet Sugar 07M 07U OOii 00$ Am nt8ugr pf..... 88 00 08)1 00 Am nrsroS AKtr..,.105 108 104JI 104J Am make 8 A F pf tf .203 203 200 SOU Am Can 03 04H OW 04 Am Can pf ..108) 10fi)i 100X 1M Am Cat & Foundry... 84,'i 8ftM 82 83!i Am Car ft Fdy pf...,.H5 1J8JI IWi 110M Am Coal Products 105) f 108 104 104 Am Cotton Oil 694 60)4 59 59l Am Hide A Leather... 10)i 10H 10) 10)( Am Hide A L pf . , . 49)4 48 47)i 48 Am Ice Securities ... . 23)1 23H 23'i 23)4 Am IKomotlre 00 UM to i 07 Am Locomotive pf .... lJ 00) OW 09)f AmSmcltAItef 00)f 02 83!f 91U Am Smelt A Kef pf....i00) 100 10SH 108J Am Smelt A Hef pf a. 60? 0)t 8051 SOW Am Smelt A Ref pf B. 81)4 81 81 81 Am Steel Foundries..,. C4 04)i 02 03W AmBujar Keflnlne ....112 112 112 112 Am Sucar Ref pf H5H 115) 116), 118)4 Am Tel A Tel 1245i 124U 124)1 124) Am Tobacco 23314 234 232)4 233 Am Tobacco pf new...l09!f UOH 110 110) Am Wooicn W 64 625 63 Am Woolen tr 62)( 53 62( 53 Am Wooicn pf 07! 00t, 00f 00?f Anaconda Copper 76H 77 75)i 75)4 AtchTASK 100!i 100! 100 100 AfchTA8Fpf 09) 09), 9954 09J4 Atlantic Coast Line.... IMU 110 113 113 lialdwln Loco 131)4 131)4 124 1255f Ilaltlmoro A Ohio 02)4 D2!i 91 01)4 naltlmoro A Ohio pf... 74U 745 74)4 74H Dcthlehem Steel 4a 407 407 407 Dethleoem Stool pf ...105 105 165 105 Brooklyn Union Oaj...35 138f 135 VSSH Brooklyn Rap Tr 87U b74 87) S7i ButterlckCo 33), 34 33)4. 34 Butte A Superior G2)f 02 01)4 C2 Burns Bros 02) 00 00 CalTetroIeun 10U 10) 10H 10H Cal Petroleum pf 45!, 45), 45 45 Canadian Pacllc 165X 105)4 lRHf 164 Cent. Leather Co 63W 63)4 62)i 53 Cent. Leather Co. pf.. 107)4 103 108 108 Chesapeake A Oalo.... 6S54 57) r 5dM 57)4 Chlno Copper 60W 51W 49)4 49)4 Chi. Gt. West pf 34)4 3554 31)4 34H CM., Mil. A St. Taul.. 02)i 92)4 005 01)4 C. M. A St. P. pf.... 120)4 120)f 120)4 120H CM. A Northwest.... 130 130 130 130 ChL, R. I. A Pac 22)4 2354 22)4 22W C Q O. A St. L..... 44 41 43 43 Colorado Fuel & 1 68)4 58)4 57 67 Col. A 80. 1st pf 65 63K 63 53 Consolidated Gas 142)4 140)4 141!f 147H Continental Can 112 112)4 100 107!f Continental Can pf....l07 105H 105)4 105)4 Corn Products Ref 18)4 18)4 18) 18)1 Corn Prod. Ref. pf.v... 80 80 80 80 Crucible Steel 05)1 05)4 92 02 Crucible Steel pf 109)4 100)4 109 100 Cuban-Am Sugar 119)1 120)4 110 110 Delaware A Hudson... 149)4 148 14S 148 Den A Rio Grande pf. 18)1 18 18 18 Distillers' Securities.... 36)4 I!C)4 3551 30 Dome Mines 22J4 22J4 2254 22X Electric 8tor Batt 72)4 72)1 71 71 Erie 34)1 3151 33J4 33J4 Erie 1st pf 64)4 54)4 63)1 53)4 FcdMlnASmpf 62 51 51 51 Gen Chemical 350 340 345 345 Gen Electric 179 179 176H 177 Gen Motors 341 340 330 330 Gen Motors pf 11214 113 112)4 11251 Goodrich B F Co 77H SOX 77H 77J4 Goodrich B F Co pf ..109)4 109)4 109)4 109M Greene Can Cop 42 42 42 Great Northern pf ....122)4 122M 121)1 122 Great Northorn Oro... 49)4 49)1 48)4 4S54 Guggenheim Expln.... 68H 09 07)4 G8 Illinois Cent 109 110 108 103 Int Agricultural 25 25)4 24)1 25 Int Agricultural pf.... 63)1 65)1 63)1 6451 Inter Con Corp'n 2354 24)1 23)4 2354 Inter Con Cor pf 70U 80)4 70)4 SO Inter Met Tot t c 23)1 24 23)4 23)4 IntHarvNJ 112 112 109 109 inter Nickel tr 220 222 220 220 International Paper.... 11 1051 1051 1051 Inspiration Copper .... 45)4 45 431 4-1)4 Kan City Southern.... 28)4 28)4 28 23 Kansas City So pf .... 62)4 0251 62 62 Lack Steel 87 88)1 84)4 85 Laclede Gas 104)4 105M 10451 10451 Lehigh Valley 77 70)4 75 76 Lake Erlo A West 1251 11 11 11 Liggett A Myers pf.... 116 110 119 119 Long Island 20)1 26H 26 20 Loose Wiles Biscuit... 23 24 21 24 Louis A Nashvlllo 128)1125 125 125 Maxwell Motors 04)4 04U til 01)4 Max Motors 1st pf.... 08 09)1 CO! 9054 Max Motors 2d pf 63)4 55 62 62)4 Mexican Petroleum.... 92)4 S3 00M 02 Minn A St Louis 14)4 14)4 14 14 M St P A 8 8 M 120)1 120H 120H 120J4 Mo Kan A Texas 0)4 0 6 0 Missouri Pacific 4)1 4)4 4 4)4 Miami Copper 35 aJ4 3454 34)4 Montana Poner 6S 68)4 63)4 68)4 Montana Toner pf 107 106H 100H 106)4 National Biscuit 12o!4 125)1 123 125 Nat' Cloak A Suit 85 85 85 85 Nat Enamel & a 29H 2954 29)1 29)1 Nat Lead 0eu 07)1 60)4 C0)4 Nat Ry of Mex 1st pf . 19H 17 17 17 Nat Hy of Mex 2d pf. 8 8 8 8 Nevada Con Copper . . 15)1 15) J 15)4 15)4 New York Air Brake ..150 150W 149 149 New York Central 100 100)1 09)4 09)4 NYNHAH 84 84 82)4 83)1 N Y Chi t St L 42 40 40 40 NYOAWest 31 30)4 203$ 20J4 Norfolk A West 110 110 11551115)1 Norfolk A West pf.... 8151 8)M 8ih 83H Northern Tactile 113 112)1 111)4 111)4 Pacific Mall 3.1)1 31 30)1 3UJi Pacific Tel A Tel 404 40)4 46 46 Pcnna It K 61 68)4 57)4 ,57H People's Oas Chi 119 121)1110 M951 Philadelphia Co 47 4VA 40 47 Pittsburgh Coal 41)4 42H 40)4 40'1 Pittsburgh Coal pf 112J4 114)4 112)4 113 4 Pitts UUAStL SO 80 70)4 7U)( Pittsburgh Cteel pf.... OSH 08 08 98 Pressed Steel Car 72 71J4 70)4 7051 Pressed Steel Car pf ..104 101 104 101 Pullman Co 164 167 165 165 Ry Steel Spg 48 47)4 47 47)1 Ray Con Copper 20)1 2051 26 2eH Reading 79 70H 77J4 77)4 Hep Iron A Meel 6451 5451 63H 54)1 Rep Iron A Meel pf... 104)4 KM 10334 10354 Rock Island pf )4 54 54 54 Humely Co 5)4 654 5)4 6)4 Humely Co pf. , 10 10 0)1 0)1 StLA8F 4)4 6)4 4)4 6)4 StLASFlstpf 0)4 0 0 0 StLASF2dpf 61 0)1 0 0)1 beaboard Air Line 17)4 1751 1731 1754 Seaboard Air Line pf.. 40)4 40 40 40 6carsRoeA Co 155)4 155)4 165 155 Sloss Sbef 8 A I Co.... 01)4 01 0)4 CO 80 Porto R Sugar 128 165 131 131 60 Porto RSug pf..,,100 110 110 110 bouthera PacUlc 97)4 U8 9054 D051 Southern Ry 2054 2054 20i 20)4 bouthern Ry pf 00 e051 60 CO Standard Milling 7031 80 78 78 Standard Milling pf.... 81 82 82 82 btqdebaker Co ...101 109 159 1C2 Studebaker Co pf 109)4 110)4 110 110 Tenn Copper.., 65)1 OUW 6834 07 Texas Co 168H 17154 168 16854 Texas A Pacific 1334 13)4 1234 1234 Third Avenue. 62 04 62)1 64 Toledo St LAW 334 531 451 651 Tbt L A W pfefs. ... 12 11)4 11 11 Union Bag A Paper. . . 7 (54 034 034 Union Bag A 1' pf.... 20)4 2551 35)4 25b United Cigar Stores. ... 10 031 10 United Cigar Stores pf. ,. 1154 11)4 UH Union Pacific. 13554 1353X 13454 13454 Union Pacific pf 8234 8234 8234 8254 U h Ind Alcohol .100)1 10154 100 100)1 D 8 Cast I P A V .... 20 20)1 20)1 2631 USOIPAFpf 4f34 4634 48 46 U 8 Realty A Imp .. . 3651 30 3Q 30 United Hys Invest 25 25 24)1 25 United Ryi lor pf 43 43 42)1 43 U B Rubber 6334 6554 6334 6454 U ti Rubber 1st pf ....10854 10851 108)4 10811 UU6teel, 8334 8434 82U 8234 U 8 Steel pf 115 11434 1U1! 11434 U B Express 6534 6431 Ot 04 Utah Copper 71)1 7134 7034 70)4 Va Caro Coem 42 43)4 42 42)1 Va Iron Coal A 0 65 05 65 63 Wabash W 1 13)1 13)4 1231 1251 Wabash pfda VTI.... 4054 4631 46)1 4554 Wabash pfd B W I.... 28)4 27)1 2151 28 Wells Fargo Kxp 118 117 117 117 West BAM 0S11 6854 0654 6751 Westlngbouso 1st pf -160 75 75 76 Wetteru .Maryland .... 33f 33 1 33 33 West Maryland pf...., 60 48)4 4854 4834 Western Union Tel.... 78)1 7854 78 78 WUlja Overland 241 253 248 249 Willys Overland pf... -108)4 110 109)1 109)1 Wbcontin Central. . 3G)j 35 35 35 WoolvortbF VV Co... 111)4 110)1 "0)4 U0)1 quoted ex dividend. Total salsa, 1,180,800 shares, compared wltb l,a47.7U shares yesterday, thus (ar this week, 8 752,800 shares) sains period laat week, ,HL T00 hr. FOREIGN EXCHANGE Yea. Imxt. Close. Close. 4.0SU 4.08 4.(1714 .. 4.68 4.6794 4.68)4 4.68V4 Merlin lllah Demand ., 4.6834 Cobles . l"rncs Demand ,. S.8JV4 Cable .... 6.84V4 Marks S.85 K.8SV4 S.8IU 8.RIH 8.8454 B.8SV4 Cables .... 81',, !Wi M'i. 8JH tV4 New York Bond Sales 15000 8000 VOlO 8 ) 10HI Iaoou BIH.O BUJU Iivmo 10000 soon 1p) 42300 11100 WOO T.MKXI two ftXHI lOtkl .11X10 8000 11X10 1UUU 4WX) MO 7000 130.VX) 28000 211X10 2000 1000 7000 1000 2111)00 2000 .1001) 1000 i44noo 30000 1000 POOO 2000 10000 10000 1011000 27000 10000 1000 18000 nooo 12000 80000 17000 2000 1MXT0 uooo 7000 11000 1000 7000 280011 7.W00 04 000 IJOOO D'iOOl) 2000 2000 0000 ftOO 3000 onoo 1000 45000 2000 4O0O 7000 (lOIX) 3IXM 2000 34000 OOW) 1000 1000 5000 1000 13000 0000 3000 3000 2000 UOOO 6000 437.100 700O 23000 0000 4000 1000 12000 1000 6000 2000 onoo 2000 6000 6000 2000 23000 6000 2000 21600 30000 31000 1000 1000 C0O0 90000 2001 H) 3000 6000 10000 11000 6000 l:l(l(IO 17000 1000 2000 noon 4000 loooo 2000 IKKTO 100(1 4000 3.1000 10S0O0 17000 MKMIO 22TXO anon 4IXT0 1000 OOoO 34K 7000 1(00 1001X1 7.V00 1600H 4'HX 61000 21X 1000 21X10 3."00(l fMl .ono K.10OO IIIKX) 1 TdK nrort 3000 10x1 146000 2010 Alaska Oold cv C. Amer r cv (Is. .. Amcr Oik Oil 4Us. Amer Oot Oil Vs. , Amor Smelt Sec 0. Amer Tel cvt 4V4s Armour Co 4Hi. ,,., Atchison adj 4J... Atchison cv 4a 1066. Atchison cv 4a llioo Atchison ev 6s 1017 Atch Trans fl I. 4s. Halt A Ohio .'Mis... lilt A Ohio 1-tl 3Hs Unit it Ohio 4s ... I la It & Ohio cv 4Us. llalt A O nun 3Ua. Heth 8leel rid ... .l(K)i, Uroolcn Itp Tr 8s 1U18..I00 llrook l'n Oas 1st 6s.,I((IH CCO ittn 4 73 Cal Oas A Kleo 6... OtH Canaila South 6s... . . ,1(V. Cent leather let ds..,10O4 (.cm i-ac ist is .. a(H Illsh. 1-ow. Close. ..134 1.14 1.14 , l; 112 132 , .100 1(X) 100 ICl'4 Ul- H3J4 ..lOlS, 10SJ, 10S ..101 10-iJ llM. , . l 01 111?, :iaU I3fe $1 .ion 1011 ion ,10.' 101H 102 .. t MIH S7., .. 02 01 Olji, .. S7W S74 M'k . . S "'S s'? ,. W D2U 02H nsi s nv Cent It 11 N J .112 Chill Copper 7 184 Ches Ohio ev 4Hi.. ftsh, Chea A Ohio 4Hs 8U-S. Ches t Ohio 6s 101 Chi A Alton 34 44 Chi tit West 4 IVU. Chi N deb Ss '87...U0S Chi U A Q Joint 4a.. t")! Chi II & o iltb 8s,.., UOH Chi II & 0 gen 4s.... WW Chi M & Ht i 8Hs.... 78St Chi Mil A St 1' cv 6s. 10.1 Chi Mil A Bt 1 cv 4Vi 074 Chi M A St r gen 4u,s.l00 Clev Sh I.lne 44s.... 96 Col A South 1st 4s.... SS Col A South 4Vis 80 Con Oas cv (Is 120U Del A Hud reg (la rct.1024 Del A Hud rtj 4s.... 04 Del A Hud 4s '10 10UU Detroit Edison 1st 6s. .102 Dls Secur Corp 6s.... 084 Du Pont Powd 4Hs..,102 Krlo sen 4a 73 Erie ennv 4s Ser A... m Krlo conv 4s Ser U... 78 Kla A East Co 4Hs.. V0)i Qraen Day 0 103 Gen Elec deb Bs 104 Hud A Man rfd 6 71 111 Steel deb 4 Mi 8i3i Indiana Steel Ss 101 111 Central rfd 4 tttVi Ins Cop cv Oa 1P19...177H do Oa 179 Interb Met 434s 70H lnterb It T ret 6s.... MM Inter Mer Mar 4Ha... 77 lntcrnl Paper cvt 6s. 7Vj do Os 100 Jap new a S 4Hs.... 73Vi do new 4V$s..( 80 Kan City So lit 8s... 09; do 8s 01 Lacka Steel 6s 1923... U6 Lncka Steel Ss 1000... 04 Lake Shore gen 3 Vis.. 82Vi do deb 4s 192S 03U do 1931 9234 Ug A M T Ss 101 do 7a 121)1 Lorlllard 6 100 Louis A Nash 4 02 Manhattan sta 4s.... HaVs Minn A St L 4s 40 M K A T 1st 4a 78S do Ca (V5 do ext 4a 78 Mo Pac 4s 36tt do cv Ss 3034 do cons 6s P.1V4 Mont Power Ss .... OlVi Nat Tube 6s 00(i N r O L S ct 3Hs.. 79H do ref 3Via 72 N T C & 11 ret 6s ..10S do 3Vs 7834 do 434s 8834 do 4s 87 N T C M C 334a 73$ do rcg 334 7H1 N Y City 4s 1950 .... 0834 do 4Hs 1904 os; do 4 Us 1903 101T4 do 434a May 1037.. 102 N T Oas HAP 6s. 10234 N T N II A II cv 834a 71 do 4s on! do Os 114 N T O A W 1st 4s.. 87 N Y Tel gen 4H 07 Norf A West 4a .... M do cv 434s 114 Nor Pac prior 4s 01H :sor I'ac een an. Oro Short L ref 4s.... SOTi lire iiwy a n is Ore A cal 6s ...... Tacinc Tel 5a .... Penna gen ct 434a. Penna en 4Hs Pcnna 4V.B 1021 Public SerV N J Ss. . liny Con Copper Gs...lW)i Itnadlng gen 4s in Itcp Ir A S Ss OlVi Hock Island rfd 4s.... (16 Ilock Islind Ss 40 St L A S V 4s 02 St L A S P rfd ct sta 4s 60 bt i, &s l'' gen ct sta 4s 4sw St Louis Swn 1st 4s.. TU Stand Mil 5s mil 1U0H KX) 1IO HX) 10:H4 10.114 73 73 04 '4 94i. UxiV, looji 1(X 100 lit 111'1 18134 13S4 83 H3 80H 80 104 104 41 44 09 OOVi 110 110S OOjs 0 90S IIOS, UOJ 90J4 785 78i 104 104 , 07 7 11X1 100 96 93 88 88 WH )V4 120 120 102V, 10234 04 04 100 lix 102 102 S 8 102 102 TJK 72H (18 08 77J4 77V, 104 104 104 104 io tfd 93W U.1'4 8254 82 9334 0,1 92 "i 10034 101 .. 06J4 08. S So Seatoard A L. ad J Tms, 8ea board A I rXd 4s. CD 8 KIV. 11 . 80 . NO . 08 . 9K . 834i .KV1 . 82 . 70 . 8S . 74 io2; South Dell 5s soutn pne 4i South Pac cv 4s, . . do cv ret f p 5s.. South Pac rfd 4s.,., South Pac Term Bs, South Ilwy gen 4s. do con 5s. S.Mith ny St L 4s.. Texas Co cv Rs Third Ave ref 4s... do adj 6s Tol Pro A W 4s... do 3V.9 I! S nobber Os. . U S Steel 6n do reg Union do cv lTn TlnVH S P 4s Va Car Chm 1st Ss do Os Vu llwy 5s t'nlted nv lnv Pa. U'Rhfl.h 1st 8s Wall Rq ct sta 4a 1 1 pd 05 iio ct sia ist 4s r i pa uo Wab-P T 1st ct 4s.... 2K West Electric Ss 10114 do c 5s 101H West Md 1st 4 72 W 11 A M cv 5s w t.,,137 Wlscon Cent rrn 4s.. 82V J 8 Heel 6n 10234 eg 6s 1025 Pac 1st 4 043; :v 4 92i 47 01M 74 102 03 no'4 Total sales. Sl.772.000, compared with 85.342. 000 yosterday: thus far this week. 810,084,000; same period last week, $17,210,000. Financial Briefs The price of enst Iron pipe was ad vanced 31 a ton. Since Friday the New York banks have gained 19,661,000 through Subtreaaury op erations. The Wella-Fargo annual report showed an Increaee of 37,191,557 in gross receipts and $1,975,513 in net Income. Henry J. Lawrence, Jr., has Joined the bond department of Cassatt & Co. Charles Edward Flncko has been elect ed president of the Glrurdvllle Oas Com pany. Furnaces ot the Reading Iron Company, at Temple, Pa., which have been 'Idle for more than a year, have been blown In. The stack will produce 100 tons of Iron a week. . William H. Darnes has been elected a director of the Commercial Trust Com pany to Mil the vacancy caused by the death of Rudulph Kills. The New York curb market has Hated and admitted to quotation 50,000 share of common stock, par value ?1M, of the Chalmers Motor Company. DIVIDENDS MA11KKT BTJIKKT T1TJ.K AND TKD8T COMPANY 8. W. Cor. Std and Market Bta Philadelphia. September 22. ISIS. The Board of Directors have this day de clared the regular semi-annual Dividend of Three Per Cent, on the paid-in capital, and an Extra Dividend ot Tm Per Cent. (Two Dollars and Fifty cents per shire) both pay able November I, 18IS, to stockholders ot record at the close of business October IS, 1818. Checks will be mailed. The Hoard of Directors have also called an Instalment of Five Dollars per share on the capital stock of the Company, payable at the ofrics of the Company on or before November 15, 1815. On and after November 1, 1816, no toek on which the Instalment remalna un paid will be transferable, Instalments must be paid on or before November 15, 1016. te participate In the next following dividend. A further sum of Twentytflv thousand dollars haa been transferred to surplus out of the earnings, making the surplus fund equal to the Increased capital, via, 1160,000. IlEaiNALD B. CIIABE. Secretary and Treasurer. DIKCTOKY OF ACC4HJNTANTH CeJrtMUd FuUlo AmmUhwU "" mi MKAL K8TATK fKVW fuiLDlNU, Sales in Philadelphia Yesterday close. High. .. 1T34 1734 ..117 .. 2tV4 .. 03 .. 0934 110 25 95 67 1834 its 63 004 34 7.1 34Ji 1834 2.13', 00 9 78 764 18i 33 02 68 10434 90 92 4734 2034 13N 1334 42T4 11334 ?834 T4 203i 334 6 42V1 8034 8434 4234 491.4 66 2034 42 Low. Close. 1T34 134 11834 110 2434 23 03 US 67 67 76 76 12634 12034 6214 C53J OTS 68 67S 5734 71 72 31H .14 78)i 7834 334 23)4 06 06 34 77)4 7734 7S34 7634 18 18 37 37 92 92 B7 67)4 102 104 00 90 92 47 20 92 47 2634 IS Alllanc Ins 12 Am 0s .... 17 Am Ilwya . 10 do pref ., 60 Arc Loco . 1 200 Anaconds 110 Bald Loco ....11434 MIJO Drill 02 8130 Cam Steel .... 6034 100 Col Fuel 4CJ Ulee Stor .... 73 2S0 Hrle , 34 100 Goodrich B F.. 7034 213 Ins Co N Am. . 211 0 Key Tel t 0 pref 00 40 Lk Sup Corp .. 034 141 Lehigh Nav ... 78 201 Lchlgli Val ... 7034 40 l.eh Val Trana 18 S3 do pret 37 11 North Penna ... 01 693 Tenna Itallroad, JSH 600 Penna B-ilt Mfg.103 S Penr.a Steel .... 90 350 do pret 92 315 Phlta Co 47 138.8 Phlla tcctrlc. 25 CO I'hlla Itap Tr... 11 1100 do tr ctfa 13 210 Pitta Coal 205 do ire! 112 451 Itoatilng 79 120 So Paclfls 08 10 80 Iiallvray .... 20 103 Tonopah Del ... 3 IB Tonopah Mining 6 813 Union Traction. 42 Ml United Gas Imp 86 7445 V B Steel 83 100 Vlr Car Chem.. .. 3 W Jer A Scasli. 4834 62 Westmor Coal.. 66 100 York llwy pfd.. 29 60 Wclsbach Co ... 4134 Total sales, 28,593 shares, compared with 31,084 shares yesterday, this week, 08,677 shares; laat cek, 328,420 shares. BONDS Last p rev. sate. High Low. Close 8800 Am a A El Ss.. 88 83 87 87 1521 Cam 6 acp '10.101 101 101 101 1621 do Fob 1017.. 09 100 100 100 1000 City 4a 1988 102 102 102 1000 City 4s 1945 rg, .. 102 102 102 1800 El A P Tr 4s.. 75 70 7334 70 6000 Eq 111 Oas 5s.. 105 105 10534 105 1000 L Nav con 434s. 100 9034 89 99 SOOrf L Val gen 4a... 88 8834 88 8831 1000 do gen 434s... 100 00 0934 0934 2000 do Coal Ss.... 10434 10434 104 104 16100 Penna gen 434s. 98 98 98 9834 19000 do cons 4V4.. 10334 103 10834 103 2000 Phlla Co 1st 6s. .. 100 100 100 2000 Phlla Elec 6a.. 102 102 101 101 12000 Heading gen 4s. 93 93 03 93 3000 do 1st cons 4s. .. 03 93 95 1000 Ttdg-J Cent 4s.. 92 02 02 9214 8000 Un Itwy lnv Bs. 7434 74 73 73 Total sales. 100,042, compared with 67,972 yesterday; this week, $242,304; laat week, 4148,433. 13 13 13 13 42 42 112, 112 77 78 96 96 2034 20 3 3 6 5 42 U 8034 80 82 83 42 42 48 4S4 CO CO 2a 2034 42 42 -AMB'S! INCREASED INVESTMENT INQUIKV; BOND DEALERS KEP BUSY Public as Well as Institutions Seeking Outlet for Accumulated Surplus Funds Brill Shares Buoyant Drop in Baldwin The Inquiry for bonds, according to In vestment bankers, la steadily Improving, and one has to hark back some seven or eight years to find an equal volume of demand for hlgh-grado securities. Cap ital hts been gradually accumulating dur ing that period owing to fears of In vestors to plnco their funds where tho companies were subject to governmental Interference Ori top of that, since tho war began to be reflected by heavy in creases In Industrial earnings, mafty now fortunes of Importance have been cre ated and theso also required Investing. Tho Hood of foreign liquidation of American securities during tho first year of the war naturally sent quotations to levels which made them attractive, and In the laat six months public absorption of bonds lias been steadily Increasing. Now the supply Is becoming scarcer and prices are advancing Gains from tho low points In the hlgh-grado Issues range from 2 to 7 points and new Issues nro being oversubscribed for. The low ex isting money rates nlso nro an Induce ment to Institutions to enter the bond market, and considerable blocks of se curities havo been sought from these sources. Of course, tho grent bulk of this class of business Is dono prlvntely "over the counter," but thero hns nlso been a very fair volume of transactions through the local stock exchange. Today tho general tone of tho Phila delphia list was rather reactionary, but no great volume of offerings was forth coming. The local publlo utilities fsnin favor with the trading element. this nrtn Ing and ruled firm In face ot the tmesr talnty In the regular leaders', Fifli phla Kloctrlc United' Gas Improvement, Lehigh Valley Transit and Union Trws tlon picked up In moderate quantities, but Rapid Transit was depressed Drill wm buoyant, -while Cambria and Storage Bat tery lost ground. On the whole, the trad ing clement was encouraged by the fact that activity diminished on tho decline). Pennsylvania Salt was a strong spot arrtf American Gns made a new to prrtw when It crossed 118. A shnrp break Occurred In Baldwin Locomotive, which fell more than '8 points following tho setbnek In tho stock In- Wall streot. No particular reason was forth coming to account for this other than profit-taking on tho recent advance. Th Street continued divided as to the out come of tho Pennsylvania Steol negotia tions. Many were still inclined to the. belief that the Schwab Interest would turn up In control. Cambria Steel was tho subject of very optimistic predictions os to its ultimate price once tho Penn sylvania Railroad liquidation had been completed, but tho financial district la so full of different rumors that ono guess Is about as good ns another. L Local Bid and Asked Baldwin do pret J. a. Drill Cambria Steel . Kltrlc Storage General Asphalt do pret Key Tel do t c do pfd I-ake Sup Corp Lehigh Nav ... l-hl(th Val .... Lehigh Val Tr do pfd Pennsylvania . . Phlla. Electric Phlla. Co do a per cent Today. Did. Ask. .121 110V4 . .. Ill 0134 (15 OS .SB 70 , II . 13 ;P , 75 . 1S14 08 73 ?J34 14'4 14 (Ul -X 7.w v pf.. An 6 ncr cent, cf Phlla. H. T do t c Heading Tonopah Del Tonopah Mln union irso u a t .... U B Steel , York Rwy , W Cramp t 371J 37, 67S 67 25 20 40 47 ill 4U 41 13 43 14 13. 14 7734 77 3 6k 42- 8(1 . S23J 7 80 4 8 not 8.1 7 91 Yesterday. Hid. Ask. 131 Vi l.u .. 111 61 IU m 70 14 11 03 !V 78 77 25 38 43 s& 70 6 4214 8934 11234 sft U.IV4 71 Wl 775! lS'l, :t ns 20 47 40 44 14 14 70 3U 4$ a oP1 PHILADELPHIA MARKETS COTTON CONSUMPTION LARGER GRAIN AND FLOUR WHEAT. Receipts, 229.716 bush. Specula tion In the West was bearish and prices here sympathetically declined lc Demand; how ever, was fair. Quotations: Car lots, In ex port elevator. No. 2 red, spot and October, 1J33401.16: No. 2 Southern Red. ILllWai 1.1334; steamer No. 2 red, $1.101.12i. No. 3 rnd. 81.10331.12; rejected A, Jl.OSl.10, rejected B. flXl.o8. CORN. Receipts. COOO bush. Trade was quiet, but offerings wero moderate and prices ruled ateady. Quotations: Car lots, for local trad, as to location Western No. 2 yellow, 74&76c.; western steamer yellow. 7JS74C.; western No. 3 yellow, 71872c; Delaware yel low. 7173c OATS. Receipts. 78,003 bush. Demand waa bettor and alues were well maintained. Quo Utlona: No. 2 white, 44&46c: standard white. 4344c; No. 3 white. 40S41c; No. 4 white. 3O-03SC.; sample onts, 32iiMc; purified oats, 8FLOUR.-Recelpts. 080 bbls. and 1.078,382 lbs.. In sacks. Trade waa quiet, but mill limits were firmly held. Quotations per 1WI lbs.. In wood Winter clear. 35 20; do., straight, 85.2036.40; do., patent, 5)eo.i0. Kansas, clear. Jute sacks, 8&S5.20: do., straight. Jute sacks, 85.25f5.50: do.. Ptent, Juto sacks, 3.&05.75: spring, first clear. 85 S0.20: do., straight. 8.253.50; do., .Patent. I3.O066.85; do., favorite brands, JoaO-W; c ty mills, choice and fancy patent. .W-5?: dty mills, regular grades Winter, clear. $55.A: do., straight, J3.2oao.40; do., patent, go.oow 6.75. RYE OT..OUR waa quiet but steady under small supplies. We quote at S5S5.25 per bbl., aa to quality. PROVISIONS Tho market was firm, with a fair Jobbing demand. Following are the quotations: City beef. In sets, smoked and alr-drled, 24325c.; Western beef. In sets, smoked, 24325c.; city beef, knuckles and lenders, smoked and alr drled, 20827c; Western beef, knuckles and tenders, smoked. 20327c: beef hams. I2S 30; pork, family, 821.50822; hams. S. V. curod. loose, 12123jc: do., skinned, loose, 1231234c; do., do., smoked. 13lc; other hams, smoked, city cured, as to branl and average. 13814V4c: hams, smoked. West ern cured, 133814c: do., boiled boneless, 21 B22c: picnic shoulders, 8. P. cured, looser. IVi eilc; do., smoked, ll3l2c; bellies. In pickle according to average, loose, L!312c, breakfast bacon, aa to brand and average, city or Western cured. 15316c.; lard. West ern, renned. tierces, 10610c: do., do., do., tubs. 10810c.: lard, pure city, kettle ren dered. In tierces, 10310c: lard, pure city, kettle rendered. In tubs, JoliSlOHc REFINED SUGARS Tho market was quiet and unchanged. Quo tations: Standard granulated, 4.05c; extra fine granulated, 4 00c; powdered. 5c.; confec tioners' A. 4.80c; soft grades, 4.0334. COc. DAIRY PRODUCTS PUTTER. Trade was quiet, but offerings ot desirable stock were only moderate and the market ruled steady. Quotations: Western wilM.nar!iri frnumprv. fancV BDecials. OlC.t extras. 2U: extra firsts. 2S62Sc.: nrsts. 279 ; imr 27',4c: econds. 24323c; Birds, 2282.lc: nearby prints, lancr. .ic j uo., nrrruKB ."i! 3OT31cr do. Hrsta. 27ir20c: do., seconds, sow 2Uc.: Jobbing sales of fancy prints, 36B30C. KOQS. Demand was sufficient to absorb the offerings of Hne new-laid eggs, prices of which ruled steady at the late decline. Unattractive stock, however, waa dull and weak. Wo quote as follows: Free cases, nearby extras. JJc per dozen; firsts, SO per standard case; nearby current receipts, $8.40 per case; Western extra firsts, $0 per caso; flrats. 18.40 per case; fancy selected candled eggs were Jobbing at 358.17c. PCIIKKBE. Offerings of desirable stock were only moderate and values were well sustained, with trade fair, Quotations: New York, full cream, fancy, new, 1515c; specials hlghei; do., do., fair to good, new, 14&15c.f do., part skims, 0312c. POULTRY LIVE. Trade waa slow and prlcea favored buyers. Quotatlona; Fowls, ss to site and duality. 1&31UC', roosters, llf(12c. ; spring chickens, according to quality, 14ibc: ducks, - ,n ( .tut nualltv. 14$fluc.i large sizes pre ferred; pigeons, old. per pair, 18820c; do., as to sls'a and quality, 14810c: large sizes pre- rerrea; pigeons, oiu. v ..A.m. v.. nalr. 17lf?1Rf DHEBSKD Fine deslrable-slzed stock aold fairly and values were well sustained. Quo- -.-r7f-MaJ-jjp'3A .av tatlons: Fresh-killed Fowls, 12 to box, dry Picked and dry-packed, fancy selected, 20c; weighing 4!485 lbs. apiece. 10c: weighing 33484 lbs. apiece, 18c: weighing 3 lbs. ?Fi?.cJ' "818c; weighing under 3 lbs. apiece, 15810c; fowls. Ice-packed Western. 4 lbs. and over apiece, 10c: do., smaller sizes. 158 18c.; old roosters, dry-picked. 13c: chickens Jersey fancy broilers, 24326c; other nearby SiiXi bniVJ. ,22921c: Western broilers, weighing 13482 lbs. apiece. 10820c; northern Illinois, fancy yellow chickens, weighing 4 lbs. and over. lB820c; northern Illinois, fancy, neighing 283 lbs.. 17c; other West fl": J!"Kli.lnE 4 lb"- na ovr, 18c; do., do., weighing 2V83 lbs., 15310c; Inferior. 14c; ?SS?.f duc,l nearby. 16W17C.: do., Western, 1031 jc: squabs, per dozen White, weighing ir 1 '2. 12 ,bs- P'r dozen. $4.1684 00; white, W'i?nlng ? 1 10 lb'- Pr dozen. 3.4083.IH; white, weighing 8 lbs. per dozen, 82.7503; wh e. we ghlng 7 lbs. per dozen. $2.2532.30; O110 1.081.85; smafi and No. 2. $1 FRESH FRUITS fiJ:h' ana cantaloupes were dull and -?5l-r'0,',erl.nBS of ,n 'ru,t we only mod l &J"1 rlS" senerally ruled steady with AV3 demand for choice atock. Quotatlona: Apples, per bbl. Jonathan, fancy $J.30a4.60: iZ;JhIt '?-5S4' 2-&3: Crab, $34.5oT Mel lntOBh. 8-33.60: Gravensteln, $2.7683.50: (Northwestern Greening. 12.7383.23; Twentv- lV5S2 Ortmes1 Golden S.50ftaj Wolf Hlver l5-KSi exande.'ii250:1: Summer Rambo, $2.6033: Pippin . $2.6033: Smokehouse, 2.B0ii S!im?uf ;," t?2 othr varieties. il.50$ 2.50; apples, in bulk, per 100 lbs.. $181.10; crab applea. per bush., 75c.8$l; quincei. per vS'-T5?? V .&" No. 2. $2.60tf3; peachei. M;:1"1 and Pennsylvania, ElberUs, per iKfnl.i!Sc-P1V.?eacn'"' West Virginia and Pennsyh-anla. Elbertas, per basket, 30310c ; peaches. New York. Elbertaa, pe basket Doublo extras. 3040c.; fair to good. 2023c: peaches, Ohio, per bush.-basket Fancyr 65 ..: fair to good. 40350c: pears, per bblT Seckel. $5M8: Sheldon. $3.604.50; Beurre d'AnJou, 83.60: Bartiettr No! h $484.5o! S,'A k-2; ?2-8: srnpea. New 'Yorkt pe 4-lb. basket Delaware. lOBllc: Niagara. 1031 l?c'! ,"rden and Concord. lOSllcj grapea. New York, per 20-lb. basketConcord, 40350c lemons, per box. $283: pineapples, per crated .rV?K.Rl!i'-?,6u;23: cranberries. Cape Cod? ger bbl., $.(1; do., Cape Cod, per crate, $1.75 2: do.. Jersey, per crate. $1.5032; plums. Southern, per bush.. $1.2381.50: plums. Vlri ginla. Damson, per 20-lb. basket, M-a45c.: plums. New York, per 20-lb. basket, 3545c; plums New York, per 8-lb. basket-Bradshaw and Niagara, 15320c: Relne Claude. 15320c; cantaloupes, Colorado, per Hate crate, 60360c: do., do., per standard crate, $11.50. VEGETABLES The market waa generally steady under moderate offerings and a fair trade. Quota tions: White potatoes, Pennsylvania, per bush., choice. 73375c.: fair to good, 057(5c.: do., Jersey, per basket. No. 1 Hose. 40845c: No, 1 other varieties. 33840c; No. 2, 15820c 8reet potatoes, Jersey, per basket. No. J, 30 $1.2362. Cabbage, domestic, per ton, $087. Celery. New York, per bunch, 13850c. Lettuce New York, per 2-dor. crate. $181.25.; do., do per 3-doz. crate. $1.2581.76. Mushrooms, per 4-lb, basket. 60c. 81. Total Was 408,219 Bales in, Sep-tc'-uir W'ASHTNQTON, fKt. U.-A report Is sued todny hy thoj Census Bureau "shows cotton, exclusive of llnters, consumed during Soptemhor. 418.219 running bales In lSn. compared with 414,864 bales In 1911; held In consuming establishments on Sep tember 30, 10S9.CU bales in 1915 and E56.8K1 In 1911, and In public storage and at com press, 2.79G,Kr) bales In 1915 and 1,663,625 In 1911. Imports. 26.197 equivalent GOO-pound bales in 1915 and 16.315 In 1914. -Exports, Including llnters 502,031 running balds In 1915 and 125,778 In 1914. Cotton enlndlea active during September, 31,295,104 In 1S1J and M.307,154 In 1914. Llnters consumed during September 61. 431 bales In 1915 and 27,761 In 1914; held In consuming establishments, 128,059 bales In 19)5 and 63,386 In 1914, and In public storage and at compresses, 57,106 bales In 1915 and 26,078 In 1914. Exported, 10.611 bales In 1915 and 1S0S in 1914 Norfolk and Western Election ROANOKE, Va.. Oct. 14. At the annual meeting of the Norfolk and Western Railway, held here today, the retiring Board ot Directors wns re-elected. At tno organization meeting or tne poara, officers were elected as follows, President, L. K. Johnson, Brat vice president. N, D, Malicr; !ce president In charge of finance and ac counts. William fl Idncdowell; vice president In chaign of traffic, T. S. Davant, secretary and assistant treasurer, E. II. Alden; treas urer. Joseph B. Uicy. The only change In the organization la that Mr. Montr's title Is now first vice president. He was previously a vice president and was in charge ot operation. lit ii. isKasu Suggestions How to Invest for both large and .small investors will be- jjiven those who write for our Circular No. .Lr 143. A. B. Leach & Co. Investment Securities 115 South Fourth Street Philadelphia New York Chicago BuffalA Boston London. Eng. Baltimore Bought- Sold Quoted THOMAS IRON EMPIRE STEEL & IRON GUANTANAMO SUGAR Chandler Bros.&Gq 1338 Chestnut Street Hell, Keystone, Filbert 35-81. Race 3Z-S4J. Ir Stock Quick mntttHIM ?4 T t a la ss flitloL Shipments Right Prlcea a combination that we always poaaeas. Pick up your phone, tell us your wants Before 1. . .j , irt you Know 11 jour oraeri Delivered 1 p Edward F.Henson& Co. l'l JBfrainfurnl IVutttTiait sitasf fa . Visas M &: fltrucfural Lumltr and Timbtr 1'oplar tit. Wharves, Phlla. u, ... --.rJVi-Ti HOUSEKEEPING APARTMENTS OKKMANTOWN Jfatrfax lapavtments i(IN riHKPKQOP BUII4HNO L(IN QEItUANTOWN) WAV miVENUIS AT SCHOOL LANS Bulta. H and 8 rooms and 3 baths. Bcv ' n covering tntlrs home. iiaio i. ny ins neur. a. j Slsvator. ION. 80S Ballsy Building. WE OWN AND OFFER, SUBJECT TO PRIOR SALE $300,000 Atlanta & Charlotte Air Line Railway. FIRST MORTGAGE 5 BONDS, SERIES "B" Dated July 1, 1911. Due July 1, 1944. The property covered by these bonds forms a vital part of the Southern Railway's main line. The lease to the Southern Railway provides for bond interest and dividends of d upon the stock of the Atlanta & Char Iotte Air Line Railway. PRICE, 100 AND INTEREST, TO NET 5 CHAS. C. HARRISON, JR., & CO. BANKERS Fifth A. Cheatnut Sta. Philadelphia QRAHAM & CO. BANKERS 435 Chestnut St. Philadelphia REAL ESTATE FOB SALE C1TV REAL ESTATE FOR SALE crrx Public Sale in Partition Tuesday, October 26, 1915, at 12 Noon Public Salesroom, Philadelphia Bourse "Hotel, Theatre, Skyscraper Si Dy Agreement of Owners Sale Not Hubject to Approvul ot Court, Without Reserve With Good Title. Valuable Central Corner Location Between Market and Cheatnut and Overlooking S. I'enn Square Nos. 20-22 and 24-26-28 S. 15th; -sNaa .20-22 Lot 40xtM Feet WltU 4-tory Wort uM44m '- Central Realty is a Safe Investment and a MoounMnt tl Memory of Him W)io Buys and ImpvovM Under articles ot Acrernei.t entered Into between the owners, to MriaHsuu a suit, these properties roust b ld to the burliest Uddsr. rtcardleks of BrkBa. Thesa DroDertlea ara within U blofk of Oltv llsll. Hriaul aurart MiuiIah ir.l H.' Subway Station, l'ropoaad Central Station for all PhlladelnW sutmay !!. uuU it propertgr naa an umnltrruptnl outlogk across 1 nn Squar IRf east 4a tk ' tumM r.o, -.-u-za whim oncrea rrsi, men jsos. ii i-ii -, siw men m proiK n . u 1 It will t knocked down In which er way It brlnss tri meat i JTor full description and particulars aee handullL UAHNES. A ijQFLAKP, AuOlOfMWn, HT . lb fr''i.- It) jStTMt CV- h