EVENING LEDGER PHILADELPHIA, WEDNESDAY, OCTOBER 27, 1915.
12,
FINANCIAL NEWS
ll
New York Stock Sales
WALL STREET WAS IMPRESSED
BY GOOD SHOWING OP U. S. STEEL
Although Earnings for Third Quarter Were Not Up to
Expectations, They Were Regarded as Favor
ableStocks Closed Weak
NEW YORK. Oct. 27.
Wall street today devoted a great deal of Its time to analyzing the state
ment of the United States Steel Corporation for the third (nmrtcr of tho
year While the earnings for the period. J38.710.644. were not up to what had
been expected In many quarters, estimates having run from $40,000,000 upward,
they nevertheless created a favorable Impression on the Street. The fact thnt
dividends were not resumed on the common stock, there being a Burplus of
$18,037,241 against $89,479 for the snmo quarter of 1914 was disappointing to
tiome people, but as a rule the action of the directors In withholding any
payment at this time met with favor, ns It gave the Impression that the
corporation had decided to bo more conservative, By doing so, It was pointed
out, and building up a surplus It will be easier to continue payments to stock
holders, at least something, through lean ns well as fat years.
Whtn It Is taken Into consideration that the earnings which tho corpora
tion reported were entirely from "legitimate" business that Is to say, for
products fcr domestic consumption, rails, axles, etc., no war otdcrs having
as yet beer token the showing U even much better than It would at first
seem The demand for all classes of steel has been on the increase for some
time now, nnd the outlook Is thnt the demand will become even greater Instead
of diminishing. Thus It will be sen that the Steel Corporation Is In a
Very good position to All all of the orders which come Its way, not being
burdened by any war orders.
Going into the earnings Just reported and taking Into consideration the
tact that higher prices for products are now being received, tho showing for the
fourth qunrter should be even better than the last one. Karnlngs for the last
period should, according to tho present outlook, be cIomo to $45,000,000, and
some people hold that $50,000,000 would not be surprising.
In the early trading today the stock market showed some ptrencth. but It
wus not maintained for long, aa heavy pressure was brought to bar. particularly
against Steel and tho war specialties, resulting In weakness In tho Intter, Dcth-
icnem btcei losing 21 points. Specialties were oft three to Beven points. Rumors
that Germany wus suing for peaco on her own terms weie usoil to depress tho
bpcclaltles Stocks were well taken and there wns nothing to suggest that mora
than n temporary reaction was In progress. Several big speculators have taken
the bear side and shrewd observers talk of a period of rest around hN level.
In a broad way It Is obvious that Wall street, using tho term In Its narrow
Honse, has failed In Its market calculations because It has failed to understand
tho real character of the present maiket. Tho closing of the market todiy
was weak.
A new feature of the market is the strength of the coppers. The market
In Anaconda. Utah und tho rest of the group Is broader and stronger than
has been tho case for many a. day. A vast amount of bullish matter is now
appearing In the literature offyVall street In regard to the merits of the copper
group, and apparently It is succeeding In diverting a certain amount of specula
tive Interest. Stocks like Utnh. Chlno, Anaconda, Ray Consolidated and In
spiration have been accumulated In large blocks by strong Interests, and sooner
or later a demonstration In them is expected. As far as the large professional
and scmlprofesslonal trading element Is concerned, it would only be necessary
to put prices up sharply to attract a following. Tho attitude of outside specu
lators might also be expected to change from apparent indifference once the
market wns made prominent.
Last close. High,
"frttn Gold M MH o3H
JHIU-Chalmeri Mir... 43H 43t
Allls-Cbalm Mf. pf... 7.Ht 74
Am Ak Chemical 72 72(4
m cet "lunar . 115 Mi
Am Drake 3 & F tr. 105 10JH 10.1 101
Am lirak.o s a f prtrioj ill 2.0 '.01
Low. dooe,
a3 JUH
41( A'i
73X 1 73H
71WJ-71K
unr 04X
Am can
Am Can pr. . .
Am Car & Kounlty
Am Coal I'roJucU .
Am Cotton oil
Am Hide & Leather.
Am Hide & L pf. ..... 67(4
Am Ice ceuruiei ... . 26 'i
Am unseeu 23
Am Linseed p.' A(H
01 OJ's Hilt 11 H4
100)4 lOOJi 100H 100 J,
84 U'i 8j4 MOW
151 IS.-.) ltiW 15 1 4
UJ U2H 01 01
IMi 13 t V1H - 1!
Am Locomotive. .
Am Malt ,
Am Maltpf ..
Am Smelt & Hot. ..
Am Sm & ltef pf. . . ,
Am bmeltcr pi 11 .
Am Mee. foundries.
Am feugir Itellnluj
Am Tel & Toi. ....
Am Tobacco.
71H
71i
29H
iA
A7H
SO 't
,V
47K
J2 ii
1)
3W
WW
7
2H
26H
4M(
09H
7M
3iH
Vbi
67H
21H
27
4M
69)4
bW
3 IS
b2W
Am Woolen, 65
.llW'i lOJH 1(WH lOJVi
82s 8J HI 82M
, 70 i0)( (11 (8W
.lll'I 112 112 112
.12 Hi 12 1)( 12l4 12 1 W
.JJUH 22UU a2i' Z24
54
V.7JI
70J4
10U
o5
1'M
U7
78K
II
Am colon tr r,
Am Woolen pf... .
Anaconda Copper .
Assets Realization
Atch u j(
A ten T sm p.
ltaldln Loo ....
Haltlmoru A. Utuj .
licthleheoi atoe .
lhookiju itan l'r. .
UiooMyu Union Gas,
burr. j itroluer. .
bulte . superior
liutterlck Co 30H 30H
(.a. leiruieum pi.. . . 41 a 4llj
2JJ
2
70M
llii
62J4
1)7
78H
It
luIJ 107(4. 10d)i 1U0U
10t) 101)4 101 10 M
loS 110)4 1.10 i litil
Jl IhiH D2)i 1 3
.580 5SJ 55J ua
. MJU MJ SO Ml
130 134 132 131
es b7 t7 Si
,5-J Dolf OKI O.)
30 30H
AH lli
Financial Briefs
New York Bond Sales
The Iron Age says: "Despite efforts of
the larger steel companies to hold the
demand In check, signs of a runaway
steel market are Increasing. They report
orders coming in at such an enormous
rate that all of them are being carefully
considered before being accepted."
It was reported that interests seeking
on option in Thomas Iron Company con
trollng stock had raised their bid from $43
to $55 a share
Rumors .hat tho Mtdvale Steel and
Ordnance Company had acquired or was
negotiating: for control of the New Jersey
Zinc Compa.iy were denied by the former
cotnMjjy.
At the meeting of the Pennsylvania
Railroad directors George H. McKndden,
who was recently elected director to suc
ceed Rudulph Ellis, deceased, was elected
a member of the Finance Committee.
After the meeting of the directors of the
Pennsylvania Company and Panhandle, it
was said that there was nothing to an
nounce Charles Delaney was elected president
of th) iensIngion National Dank, suc
ceeding r A Landell. deceased.
The Market Street National Uank has
added $100,000 to surplus, making that
fund $1,200,000
The Philadelphia Stock Exchange seat
sold this week was purchased by William
K Barclay, of Barclay, Moore & Co., on
behalf of another person.
uo.
07
laig
no
U4
Ki's
02
Ul'i
Mh
wv 4i, wF;
Tist ...1ir
COTTON
NEW YORK, Oct. 27.-In the face of
favorable weather cotton opened steady
thtu morning, December showing a loss of
three points, while other options were 2
to 7 points higher After the call the
selling increased and as the demand was
insufficient prices receded sharoly. Be
fore the end of the first 10 minutes' trad
ing the active montns snowed a net
decline of from S to T points. The cables
from Liverpool came better than had
been expected
1 n Ml ni tho day advnnced, un
til gains of 10 to 15 points had been es-
.. u over last night, but these were
cut dnnn again before the close, wnuii
was 1 to 10 points above yesterday s
Vert cloe Opening Illgn Iow. Clone.
i.iz iz J2 1Z.ZH lzirj vi u
J 2 03 12.01 12 13
12 S3 12.38 12 4.1
12 U 12 HO 12 AT
12.4ft 12 58 12 112
12.10
January
Dtcember
March
My
July
po(
11. mi
12 2'
lSial
12 44
12.04
12 41)
12K2
12..',S
12 13
NEW YORK COFFEE MARKET
NEW YOllK Oct 27. A teady tone pre
vailed In the martlet for coffee tuturea In the
early traJlne today. Price changes were
limited to u narrow raniiu. una ilca.lng were
fairly lone In the ailcrnoon eeulon trail
Ina turned more aetlve and futures continued
to move upward
Today a Today's Yesterdnj
Osenlnr. Cloie Close
x
.V)00 Alaska Gold cv fis
VKS Amer Agr deb 3 ..
UXH) Amer 1 ot Oil 4V4s.
2,iou Anglo-Kr L , 3s.. .
MOD Am Hide t, s. ..
imi Amer Tel clt 4s
fiOwu do conv 4h
-I Am'r Thread 4k. . ..
npMO Atchison gen 4s ,
tK) dd c 4a lIHIu.
.4UIW Atlan Co Line 1st 4s
y-iw, ..uil tu unio o's
i- uu uo 4i .
1UVUJ0 do cv 4' s
hi Bop !- p: t,
4(XX) Ueth Steel 1st 33 ...1U2
24W 0 do rM .", .. 1W4
6000 Ukln It T Cs '18.. 100
aim) Cent Qa cons Bh. . tw
O0OO Cent Leather 1st 3s lw
llooo Cent l'ac 1st 4s. . (s'i
2u(i Cin Ind & S I, 4s,. . 8.1
licnoo Chili Copper 7s 1S1
27000 Chen Ohio CV 4V4s. Mrt,
WW Ches & Ohio 4!s . fcu
S000 dies & Ohio ."is 10ll
HKKI Chi Ehbi 111 3h . .. (17
30() Chi .4 Hhst HI Us . 1(H)
7000 Chi Ot West 4s 091.
llouo Lhl U i. Joint Is... H7S
nxt Chi II 4. Q ieii 4s. . 02j
37000 fhl 11 4 Q 111 3Hs... 84
3000 Chi SI A. fet 1 rfd 4'4s t'i
It) Chi Jl (. fit I' cv 4.s (isW
2000 C 11 4 ft P gen 4Hs.lOO
4000 ChIKU P4l... 1,3
(HlOll Chi It I a P col Ss 44
12000 Chi R I . P rfd 6S . . (13
24000 Col South 1st 4s... 04
8000 do 4i.s 82
3000 Corn Prod Ss 1034.. .. !4
18000 Con Gas cv (Is . 110.
2S0OO Del & Hud 4s 1010. 100H
Ifmoo Del A: Hurt rfd 4s. 01
12000 Del & Hud ret 6s ...10SV4
24000 Den fc Wo r.r Is 73
2ik Den ltlo Or rM 5s S311
High. Ixin Close.
12tj
12U
1)4
'"is
10.1
W)
1)7 Hi
Wl'
.O-lW
10(l
U2
Ul's
t
III
102
WSi
MM
1)0
100,
h')
132 J.
SSI-104ti
Ii7
111)
(,
07
84
b!)'
I)S)i
100
43
'
82
HI',
llDH
100
f)-.
103
f.3'4
120 110H HOJi llOVi
,ti SM i7!i 17 i
. 09 i 0'Ji G'J
.814 mi .iJM
. 5J5i S4;i 5IH
101U 1UJ 100
141U 140 141
Wi -MM 19),
. 8H V.01J DO
tO 0 4K
llt-H 121 118
01
o7H
51H
100
143'
iu;
0
ll!
FOREIGN EXCHANGE
Yes.
Rlerllng High. Low, Last. Close.
Cables 4.(12 4 01H 4.(11 4.(11 Vi
Drmsn.1 .. 4.01i 4.6IH 4.8tH 4.6IH
Franr. t
Cahlrs ... 5.07 HM R.07 B.Ofl
Deninnd S.0 S.07 ff.0 B.97
Mark.
Cnl.lcs fUl4 l RIH 81
Demand 81"i. 81H H l
47'
M'i
.17b .7)4
.J7.i u l
114
.bi
II
mi
24
71
o9
55' I
47lt
50i
345
1.7
aoo
lUJi
120
1MH
J4
117
1U.I4
1IU
'17 'j
'..'J
10lr9
1)1
up,
si
.Hi
KMi
1U2
UU
10U
Wl
lll
bH
8J
141',
80
hO
IOC,
07
1(H)
OV).
til',
84
bu'k
OS's
100
824
41
(S3
'82r
04
Illlt,
nr.
1U3
r,:,V,
(.tntolan i'acltie 17JH 17oH 17J 17UU
tent Leather Uo o7( ,Sli 57 'H
torn Leather Co pi.. 10711 107H 107H 107H
UcsapcaLo A. Oulo. . . . 7)i .7 i7( o7
LllnsLoppor . 50 4 SOi -0 504
Lblcaeo Ureat West .. liH 1.14 liii Ml
Lhlcauo (It Wett pi. . .AH ,il!i . l't MH
thi illi & at 1'jd .. 'j.'Jt U3 li.'JS 02;i
L M & bt l'aul 01 .'8H 12S 14 12'4 12s
Chi bt V M 4 O . .
Ltil liUuC.
Lluett l'oa i to...
Coorailo I-uul & 1.
Col .So 1st pf....
Continental Can ..
LonMilldatod Gat..
Corn Product! Hoi.
turn i'rod Kef p...
(.tucibiu bteui.. .
Lubar-Am buear .
Del Lack & West 210 21.'H 212M 212i
Dtn & ltlo uraudo ... 1) o a Mj 8vj
Deu a. l(io (Jranuu p.. loM 1) II 10
l-lstllltn, secur.twi.. . -17-1 MH
Domo Mines -SIM 27
t!ec ttoraBO Uat. . . . 71U 71
Llie o0,, 40H
1 lie 1st pi 5o)t
1 tic d pi 48
1-cd Mln & Sm pf 0 i
(Jen Lhemlcil 350
1.111 t.ectric. ...
den Motors.. .
den Motors pf U.i
dicdflch U Co 774
Ooodricli 1! K Co p.'..U0
(.uuie-Lananca
uieat Northern pf. .. 122
ut N ci lor otd pro?. 50li
(juccenhelm liipl'u. iji'i,
Illinois Cent. . .:. ...107
lhl Agricultural 21'i
irt Acilcuitural pi ... ,,4i
niter Con Corpu 2.'!
icter Con Cor p. ThH
.ut Jiarv N J 10Jj 1U9
inter-Met vot t c 22 -2
u,t .Nickel tr r ly.j 103-4 190
lnt Nickel pf U r 107 10s 10i
luernatioim 1'aper .. ll)a it j
n.lernat 1'perpf 42 43
Inspiration Copper. .. 45 -tai
haii City outhern ... 29 2U-
Kan City Southern pf. 02U 2tj
Klncs Co El i. P 12M 12 04 129 a 12)a
hlttKtf 3 o CO 240 249 , .4h -'49h
isck ttel fill t-lii l 1U
Laclede (i as 105 104
Lake tile .V West 11M 12
Lake Erie & W pf.... 29H dl
Lehlch Velley 77M 7Ji
Lone Island 25 2t
Maxnel Motors G SO
Max Motors 1st pf....l0J3 10.'
Max Motors 2d pf. . . ul!( ti
May Dept Stores 51 51
i.ulcaii Petroleum... 8J 8H
i.ianil Copper . . .il!
JIMPMjSM.. ..12. 14 1.0 i 1.0i 1.0i
M 6t 1 . S 8 M pf. ..127 127H 1271i 127H
M bt 1' & is 8 M i I... 71
."..0 Kan A. 'letas 0
Mo Kan & Texas pf . . 14K
FARMERS' SELLING
WEAKENED WHEAT
Fears of Removal of Canadian
Duty Unsettled Market.
Foreign Demand for Corn
CHICAGO, Oct 27 -All eye were on
the mcetlnR of tho Canadian Council to
day where It wns rumored tho removal of
the duty from Cnnndlan (rrftln will be
considered Ponding this Information
traders were nervous and tho Brain mar
ket opened easier. Few orders were to
be found in the early hours and business
wns dull
Wheat wns stcndled somewhat by tho
strenmh In Winnipeg, although other
nutsldo markets were not well supported.
Tho removal of tho duty from Cnnndlan
wheat Ih not desired by the millers or
tallronds Farmers fcnrlnK It have sold
heavily, which Is partly responsible .or
tho present heavy movement, which Is
expected to act as n brako on any Imme
diate ndvnuces.
After selllne oft nearly two points a
partial recovery set In and, at the close,
tho cxtremo decline wns a cent In May.
I.Mdlnit futuns ranged ns follows.
Yest y s
Wheat 01 en. Illgn I-nw.
December 1.00 1.01
M.iy . . i.i'f. i.u
uorn tnew ocuryj
Sales in Philadelphia J
Low. Close.
osr.
1.01, 1.014,
Clote. close,
liini M liH
1.014 I.U2t
October
December
Stay
Outs
December May
Lard
October ..
November
Jtinuaiy
Itlhs
October
January
Pork
October December
Jinunri
Did. tAskel.
itlMi
'HI
W)fc
5K
N'Ji
C04
TH
'T
3'
r.7Ji
6h
3SU
1 '
J02H
IS'i
tw,
STi
8.77
1 12
s7ri
R.Vi
S.07
II 21
n 20 1 1 si
1 1 ti n t7
1-. ss in 05
8:t-.
S.77
1112
S72
la.jo
t'i
15 8")
8 5".
8U7
0 25
tS.'.C)
mi
n.sn
10 07
0,114
tisv,
S.41
tS.4'i
S.S2
40.21
tS77
tt 1.20
n :n
13 00
Ves close
TOO All Clwl
110 Annconas. inin
47S Am Itwys
03 do fret,
100 Am (.melt .
imi nald ue
230 II fW t C
00 do pref
fits J a itrlll . .
D.WO Cam t'l
100 Col Fuel
10 Corn l'rod
823 Wee Btor
212 Rrl
OOP (ten Asnh
11X1 do pref .
aft Ins Oj N Am
11W Lk Sun Corp
4M Leh Nv
.101 11, Vsl . .
litii t.ji Vsl Trstis 17
Ka't At. t.ri.f . 3S!
40 Mlnehlll . 30
2 Nevada Cons . ,,
1013 1'enna Itsllrosd .M't
173 I'enna Pslt Mfg 101(4
13 I'rnna Steel,. . 90
f.1 I'hll,. fn 47
33 I hlls Co rum pf 4t
12J0 I'hlls Klectrlc.. 27.
:io P n T tr ctfs . 16J4
7i() neadlntr ,. 7!4
73 Tonopsh Bel . .V.
801 I nlon Traction 41J4
177 United Gas Imp
BM3 r S Steel .. 80
2H3 Warwick lr & S 1C
IS" V Jer A Sensh. 4SH
10 Wrstmor Cosl,. 0J4
100 Cramp & 8 . RS
10 York Ilwy pref. 30
3 Welsbach CO 43
Total sales, 34,073 shares, compared iTlth
31,014 shares yesterday 1 this week, 100,580
uliaresj same period last week, 07,034 shares.
nONDS.
List prev.close. Hlnh. Low. Clos
10Ht
102
HUH
HKIi
IH
WH
High
42 42rt ?t
77 77H 77fc
30 31V, SI 31H
93 IWW P0V4 IHIH
P22 02(4 l2(
140 137i4 Ul(! "J.H
El'S 22 22 22
M S M B2W BH
01 Olil 04 01
usy, i rnw tt7M
. S. S Sol
71 72 71 71
nV4 4ou sou now
34R aiS 34(4 4U
71 UYl lift
1314 2M4 2314 2HJ4
014 ll4 0 11-10 oil
714 7RJ4 78 7g.
77t4 7Sti 77 77
U 17U 17U 17H
K 3(4 T, 37
14 (SOW R6V1 311
I0V4 ii JSi
Ml 38jJ rs4
ion ion,' 102
11814 0SV, tiS4
411 ' "St
41 SI s
27H 27 27
10 Ijy, 15J4
80 Wi W
8'n "S il
41 42 41
M 83; 83J4
80 84 844
10J4 0 IOK
4HtS 41 4B
tiiiji M'4 no4
nlk Sg S.fe
43 43 43
SHORT-TERM NOTES VERY SCARCE:
EAfeY MONEY STIMULATING BON
4
T ! Ti.l..u. T nnlr 4vw TJiaft r Tnirrtaltnrtnf Taaimi, r.
XjUCiII DlUnUia JUUUn. jluji ihov- st .. . v.wv...v.wU qouco UWlrW
CO JtveauCUUll m vjcii ivaico,
Stocks Soft at Close
IRTHI Am n H K. 87 88
13(00 Baid'ln U 1st Cs.luovi lnot
IS Cam S sen 'VS.W1 lOi
74 do Mny U7...101 1U1'4
74 do Fob 1 7... 101 li)i
50CO0 Kl & I'en Tr 4s 78 78
4000 Instate lls 4s. S9 60(4
10(HI Key Tel 1st fs 01(4 l'4Ji
,1000 Lch N gen 4',s .. 101H
21KK1 ao gen 4ts 11
poisj irfn v
71
5. ,
-7J4
6j
3o
177
.iOG
113
77M
llin lll'i 111
o)A J-tf 3SL4
1-MH 1-' Bi
ll . 60
1 m U74J
1CS
1US
l'f
BANK CLEARINGS
Rink clearlnKB today compared with corre-
17 I "nilns day '"ft.K0 5tnr"iou. ion.
I'hlUilelnhln ft.M,nBii 7St KJ.iin.iHi 2i..iik, i.ii
Vev York. 3111 220,1 10 1IH4SO.I04 314,0U0,U12
llOTton 12.413 033 20tlJS.3'U 23.722.11,0
l-'-U
Ui
b
10S
.'4S
A'i
-'-'4
M
10S
oili
!4,
78
10s
11
41)5
14 a
2sH
I2ii
1U'
10S
11
4Vi
4j1
.'il
ii2
RATES FOR MONEY
I'hllidelphla
New York
hostnn
Chluii-o
inniinercial paper.
lita lV3e4 per cent
Cull
:i 2li
llsia
'!!!"'! ". :i4fi4
3 to 0 months, 1
n Time.
2?S lij
1 4414
'hilaucl-
CITY BONDS MATURING
Tbe i-crles "V ' munlclp.il loan bonds of
Philadelphia, issued April 1, 1RU0. will mature
on Nn ember 1 The City Treasurer today
bent -liedi for $2lM'00 to the 1-armers und
Mechanics National Hank to pav this nuitur
ltj He hIfo sent a check for 1.,2S0 to meet
tho Interest on this lastii Tho Slnklns Ind
Commission holds ?223,(iO0 of this loan.
iren 4s.. SHU
poisi 00 fren 4s. .mu
2000 do Coal '... 10414
10(i Pa ens 4s '48 rff ..
2000 Pcnn ens 4s MS PSH
10UI 1I0 cons I'-js. 101
61000 do tren 4V4s... wij,
4000 Phil Co 1st ns WIT4
7000 Phtla Elco 4s.. Tli
81HI do 3s ..... ..10.1
3(100 Perk 2d 5s
2O0O neadlnR gen 4s S4'4
7000 Un Itwjs t 0 4s .
7000 do Inv 8s.. . 74'4
87
1IKl(i
102
11114
w
h.lU
H4(i 04U
101 101s
IV in
8D(J
104
B'lH
mi's
104
KI4W
08(1
101 104
11S14 oi4
100 100
!l 80
liri 1U2".
10114 101H 101J4
IKS (US 044
71(4 74 4
10445
104
11814
1IIO
MI
1UI
Short-term notes are becoming very
scarce, aecordlng to Philadelphia bond
dealcrr, and the quotations for the leading-
Issues havo been steadily advancing
There wns a brisk demand for this class
of security for a lone while before the
general bond list began to Improve and
now the market has been pretty well
cleaned up hereabouts
The reduction In the local call money
rate has been an added stimulus to bond
tradlntr and tho demand for 4 per cent
undorlylnj! Issues Is brisk. Attention of
Investor is now being called by many
houses to the bonds of the subsidiaries of
the napld Transit Company. The Im
proved financial position of that concern,
together with the easier money rate, has
led dealers to predict advances In such
Issues ns Electric and Peoples 4s, Market
Bri.pt Klovntcd 4. Union Passenger 4s,
etc. Incidentally arrangements have been
concluded to extend for two years tho
loans made to the napld Transit Company
secured by the $6,800,000 8s of 1912 guaran
teed by tho Union Traction Company. It
Is estimated that the gross earnings of
tho Rapid Transit system for the month
will show a gain of UW.WK) over Octo
ber. 1314. , , ,
The report that the Frlck-Donner In
terests had finally obtained control of the
Pennsylvania Steel Company and that It
would now bo combined with the Cambria
Steel Company had little effect unon n!
securities or either concern, Th w
the general Philadelphia markst 1?
ever, was firm for a tlrrie. with sJn.T.VJ
Pennsylvania. Salt. American .m"'.5S
York nallways preferred and the antsM S
cite coal shares. J O. Brill and Ewiji
Storage uattery nwo improved ahd ritVU
optimistic talk was in circulation conei'
ing the market prospects of these tweu
sues. Both companies are understood
be doing very well, indeed, In the nS,
of earnings. In the bond dn,...
Pennsylvania nnllroad 4Hs were f
rnnsnlrlinnslv BnllvA. "SIH W
As the day advanced activity Ami..... 1
In Lake Superior, and the price ImproWa
somewhat on belated arnrsri.M v.. ;.
war orders recently received by the m W
pany. United States Steel wa brittii
flAilt In na a result nt 11,. 1.1 l. . u' Mi
earnings and the further advanes S
nel fnr Its nrni1liP(B .shai..... .. L '" .
burch. The Buffalo and Susquehanna il
sues were reactionary, and so were Bm
win Loaomotivo and Union Traction
Tho market turned weak In t u,.
hour, when selling pressure developed i.
United States Steel, That stock lum9e
tarrying Cambria Steel with it Crams
Shipbuilding fell more than S points ins
Brill about 3. Elsewhere the tons' wi
steadier, but the local list doted tin.i
tied and feverish. '"'
Local Bid and Asked
Totnl sales, SISI.MO, compared with $132,
113 yestertlayi this neek, S427.038 shurcs)
same period hut eek, $280,802.
NEW YORK CURB
Did. Asked.
Druuen
Urltlsh-Am Tobacco
do new
Car Light.
Chllt Copper
Ooldfleld .Cons
Hen lea Copper .........
Inti matlonai Marine ....
do pref
Kennecott Copper
Lehigh Valley Coal Sales
Magma copper
MUllulq
NinUsliiR
Otis Elentor
10
14
14
0
21
15-10
34
It
4iy,
r.2V4
75
14
80' i
c
.. 7 J
do urcf
ltlker llcsiman ;
fctcr'lnB Otim 526
gubnuulnc 4-
Tnl,up, ,, lrr..1nrtn .. ........ 31
l'nltel Profit SMar new 21-10 23-10
Woild Film ;; J
Yukon Hold -U 214
10V4
HI
111
0(4
2:ii
1
31
l!i
44
M
80
14?i
f'l't
7
75
03
0
Kl
43
30
Today. Yesterday.
Bid. Asked. Bltl. Asked.
131 132 13814 ISO
21 Yl -"214 22 23
62 68 52 r,34
1 tu(4 00 oiH
B7i (I7s (8i HO
71 72 71 72
34 3I4 3i SJ
71 71', 71. 72
ll4 14 13i 14
... . HI. 14 lA 14
Ill 87 08 07
UK .H OH Ji
in inn 10 trt-rk.
78 77 78V4
17'4 17 17H
.18 SS 38(4
B8 &S4 08tf
i 2IH II -IV
40 47 40 4i
30 :in so as
42t4 43V4 42 4.1
13H 10 15 1'iT4
13(4 10 14S 17S
7. . 75 T-M
435 4S. 4" lis
Sltt FO 81 Ml
stK '
1 8 8 V
3n(J 32 .OV4 -Hh
N) 82'4 85 88
PHILADELPHIA MARKETS
llaldnln
Hurt & Sui t e ..
do preferred .
llrlll, J a
Cambria Steel ..
Electric Stomgo
General Asphalt
do preferred . .
Key Tel
do t o
do pfd
I.ake Sun Corp
l.h Nat
l.ch Vaile -77 4
Leh Vul Tr 1714
do Pfd .Iiu
Penna ovfc
Phlla Kieo
1'hlla co
do S per cent, pr
do 0 per cent, pr
Thlla It T
do t c ,
Reading .... ....
Tonopan Ilelmont
Tonopah Mining .
Union Traction .,
IT. O. I
U. S Steel
York Hallway ...
do pref . . .
Wm. Cramp t c.
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Bid
Jim Ilutler 77
Midway 11
Mlzpah Extension 22
Montana 20
North Star 14
Tonopah l'-Imont 3(4
Tonopah Extension 2(4
Tormplri Merger 39
ronopah Mining 5V4
Rescue Euli OS
West Knd 72
OOLDFIELD STOCKS.
Atlanta 23
104
1.'
Jl
"7-4
-Of
80 s
(11(4
54
17-4
H
101
1J
.11
77'i
2 Hi
81H
vuh
1H
flj 1
HUH
1000 Detroit Edison 1st 5s 102U 102U 102' I
"tiK! l-'f bfcur C. n'J's- ls w'4 7J
10011 Krit. win. Ju ur A
76000 Erie conv 4s Ser B.
MHI I, ,L II u 4s
2000 Erie 1st cons 5s. ...
2NK.il !la & liiat i'u 4U,s .
3000 Qen Elec deb 5s.. .
V)u uitfiit .Nor 1st ."s
3V1I Ilud A .Man in .Is.
Sf-OO 111 Clllnrn Jl .1
140UO Iowa Central ref 4s.
3t,m III Central rfd 4a 1032 81
IE (3)
. SO 7'J5
Ml 84'.,
.10JH 10J
, l)w tSh.
.104(4 lt4Hi
2M1
. 11"
47
Jo te
November .,
Uccemocr ...
ru t y
February ...
March , ,
April
May
June
July
Angust
nlHctt.31 oluisufga v'..juh j-i
0.5O
0,00
11.80
U.54tl5U
8.111tf.0a 1UH1611.57
fl.lllUO.U
o.tllun.87
,45o Ins Cornier cv Hm.
4 (WO Interb Met 4(5s
20t 0 Interb It T ref Cs
SWCi Inter Mer Mar 4Ws
4ls lnt .Xsv 5s
lMXs) KCrtBtM 4s.
lnoo Kcntuck) Cent 4s. 8.
1000 Louis C & T 4Hs... Ott
lOO-i LackH Steel Ss 123 .. 03U
4 0(0 Lacka Steel 3s 1050. 0.1(2
:m Lk Hh deb 4s 1U2S mv.
1000 Leh Val Coal 3s . 103
10"0 Leh Val of N Y 4V,s II8U
koto i.tg m t 3a.... ..101(1
60O0 I.U- M T " ... 122
IK 00 Lortllard is .... .looij
2000 Lorillard 7s ., 127
2U00 Louis & Nash 4s uiv
.mm Mich Cent I) 4s 1020.. 87
30110 Minn & St L, 4s 4)j
.! Mo roc tons Os . . HSU
2000 Nat Tuts Ss 100V4
WOO N Y Air 11 cvt 8s ,102V
IiniO N Y C I. S 4s .. .. iM
7000 N Y C A II .4s 80
13.ii do Cm 1081,
13000 do 4V.4 , 00(1
5000 N Y C & St L, 1st 4s 80
UiOO N Y City 4s 1033 .. 03
umo do 4(4 1000 . . wiw
04000 do ret 4i. WiV
2IHJ0 do 4(J lOUrl ,. ,,102V
4000 do 4W1 1004 . 0
130000 do 4 lis 10(1.1 .. 10.1
1000 N Y (Iss II & P 4s . K3j
MOO N Y N II & II cv 3(4s 72
4000 do Us .... 118
1000 N r O 4 W tn 4s.. 7t(j
2lKI do 4s 70
0000 N Y Hwy ruf 4s 71
184000 do adj 3a . . 51
10000 N Y Tl gen 4(4s 07
50(H) N Y IV C & II 4(4s.
;rsi jMorr a west ss . .
ii-i
1 n
4 ""H
U 4R
81
17U
(.!)
81 j
100
III
1011s
u
2S'4
472?
8
.U 7.1K 7.11,
!IJ4 WN. I l(ij
5l 2W 5'
IT ' 77
10S 108
4J4
58
SI
103
il
02
U7
15H
t.UMiuri tacuic
Montana Pocr . . .
Nat Cloak & suit....
Nat CIS pf
.al Knamel a ; . ,
Nat Enamel & S pf..
.Nat Lead
fev Con Lop
New York Air Brake
M'SUi II
New York Central...
MOS West
Norfolk A. Western..
Norfolk Southern . .
Nkttu American .
Acruiern I'acttlc. . .,
I'aclflcTel &1tl..
lenn it it
Peoples Gas Chi
PMladctphra Co
llltsburgu Coal
Pittsburg!! Coal pf. . ,
Pitts C O & St L....
t loied bteoi -ar ,3
Pub b Corp N i Ill
Mi
5 1
14
a
5,
8!
741,
5 .
14
Ui
l I
Si
74'.
11
4!i
olH
lUJJi l()J! l()3
AX AH U
U2
o4)i
1
146
tlh
1(0
02
07
I5H
1 unman Co 10714 lUd'i
KyfatcelSpz 4UH Sll(
Kay Con Copper '2iH
Keadlnj 7UH
Kep Iron He bteo! o4
Itep Iron & Steel pf...l01
02
C5i
IS
14SH 14S 146 147
. hli 2'i tlh olH
.100)4 101 1(0 101
. 3JH oO i 2DH 2l!i
.11514 lid U51i I15V4
.20 Ui lc li)j
. 72 72 12 72
.112H H2U il'i Ul'l
. 44 43i IX i iAi
. oSH uHH Svi 5SM
.1U 120)4 UO 1 120h
. 4M 17 VM Abi
. 38)i 3SU .,7H 3
.HH! lOOli liift'i lliVi
80 b04 b0i 80H
la
HI
20't
.A
M US.H kH
ii.hian.87 euiee.os b.uihu.'j2
oUl ralss, 02,20 bags.
0.7firt.77 il.72ftii.7.l I l Not Pae prior 4s
d.oU4l8.87 V.7M 8(1 I 208000 do Ken 3s
cleptember
LIVE STOCK QUOTATIONS
CHICAGO. Oct 27.-HOaS.-neelpts. 25,000;
TnHikst 10c lower, mixed and butchers, U.M03
T To. K0OU near SI nm I IV, 1UUIH llSTr,
o:i6T2) lluht, f6.S3TT7t. pits, fi 154J0.40.
market stsadv.
and helfsra, (2 73tf
but, 4" -"e7 40.
CATTLE -lUcelpls. 13.000
Weiss. K 50W10.40, cows ar
15.
.insli.rs mA ftiorsi ft.2Xfrl' TsYunt
0.5iVlH (0 calves, I Wll 23
BltEEP - Hecelpts, I2.0C0 msrkst weak. 10c
ipwer, native and Western, fliiO 40. lambs,
.C39.
HEW YORK BUTTER AND EGGS
W YORK. Oct. 17. BUTTER, Msrket
rty reeelpU? 841J peckaies, eatra,
Pf7 blgbsr atoriuc. 21H4SSOC. , HUts
mM-i tettte "".yi .t...
jstr tVsts, 3343300 llrsts. 304i84c: nearby
.h?M HsWSTci mlasd color, 08c.i re.
fratr
28'4U
dairy,
irsts. 2HtfaMic-; nearby browns.
Th ( tak of Phl!dkla, loeatsd at
aifa nilTslWtT'':;" streets, wffl offlcUlly open
(ts ioWTBr huslptss on fcturday. OctoVsr
i it 3 cclaek. .... ...
larssain ts, preJnt 1 Jeorss V. Port-,
l!Vswlisot! JJavM Nettsr, lc president!
rj, JVSUVson casinvr, ut rrmnt.
at faisuicr. nm v kvy!
m TrOU in "XW Hhkhm
DW V'HK OK. ?T TU 4?tV YOrX btOCK
iitiou, Vv Pat u 5ad tot!lt l
l d t liMXr nri u uj rwt lm ju
hisWrt Bic!, stoik Trsdes wsrj
u. ' uv ''wits!. If snl s Issued" at
t 1t, iiiess lu istsed en me. pom
1 j-r vsls (roan flOO to l.
2000 Ore Hhort L ref 4
low do 1st ns. .. .
20()5 Pao It R Of M 4s,
0000 Pactfle Tel 5s. ,.
llmio I'enna 4s tall) . ...
13001) do Ren ct 4(4s.,,..
SIOiKI do rn 4Hs ... ..
2lIO uo 4V-J1 11121 . . iu'; i"i
isitsi Rsy Con Copper 6 li4 V&'i
IV1O0 Heading iten 4s S W)i
I mo Itspuh Cuba Ss '01 U1U 01(1
3000 Itep Ir & B fs. .. lliVi lilI
11s It'q J' Vf fU 4s 5 f'
K0 St. Is 1 M & S Glf U 68 83
linxio Houtn Hell .is I'H 'H
2i)0 Bouth Psc 4s . . , . MVi NI
3"m0 do cv 4s . MIT4 xnji
mViO do cv ret fp Ss., 103 10
12000 60 rfd 4S. 8714 87
IKK10 South Rwy fen 4s OSjl as
noco Poutii Ily con &s vM (111 vi
1W00 Texas Co v us 10W 103U
InWO Third As ref 4s W Si
IVK10 Third Ave edl 5s 70' 70
1000 Tol Bt L & W Is lbSO 34M 5l!4
30H.I0 II B Rubber tfs . Ml 103
II2CO0 V 8 (eel As . 103, 101
2W0 Union Pao 1st 4s . OH 03(4
1000 Union l'ac lfd 4s 87(4 S7U
7000 Vh Cjir Chm 1st 6s 102
3000 Wabssh tat Cs .102
21AI Wabssh 1st ref 4s ..HI
iUUOO Wabash Eq ret 1st pM 40
20000 w t:q its ret 4S 1st J
730IS) Wab K,pl cr sta 4s.
KHV1 Wab Equ ct IS .
J82O0II do Y Pfd
1K1I West Chester Cs
lonn West Electric 5s
70flu Wis" M,l 1st 4s
ifl W E ft M cv 3s w I
lsnoo do rrt Ss
nxsi wesi nnarv s , ,,. i wi hi
3000 Whtelln A LJKia.. &2H 624 02(4
Total sales, fl.MlM, coaajiared vM
,01fl,MO yrsteritsM tMs week. tlMSMfti
lint perios) last e4t, lt,W0.
10141 10'J
102(4
111
IP
03(4
P4
Kumely 11 Co 5
namely M Co pf ....... 7H
MLouli&SK 5(4
ML i bF 1st Pr OH
bt I. 4-b K2d Pf .... 7H
bt Louis Southwest. ... 10
teaboird Air Line 17
fceaboard Air L pf...i, 3)
Sean Hoe & Co 156H 157tt 157H 1574i
tlow-bnoi b &1 Co... (0 CO 69 10
bol'orto It bugsr 137H 13 B4 Ui l.S.i
li 73
111 HI
KO i KiiU
4&H 40
2514 .5?i
7 14 7 4
2t .i2'i
WAH 1UJH 103)4
ii 51-1 5i
7i
AH
10-
.4
1 a
llii
AlH
nr hpkptr)nuhii ex trim.
Demanrt .a? falrand aluea were nrmiy 4 hi)h.-baBkftt-rancy. 7fic e?$lT fair to cood,
itai murinir n ra iiih ti uiia.111 iviisi ."; jasa. . .1. .-.- T2i
in sels. smokea ana
8'4
0
10
7'i
IUi
17U
10U
fcJt"
6j-j
10
7K
15W
17J4
30 vi
routhera Pacific
toutuern Jtj
boutnern Hy pf. ....
nudebaker Co
ctudebaker Co pf..
'lnn Copper ex its
'leiai Co
Tens It Pacific...
Tnlrd Ave ill
08H U8H 18H U.nJi
. 22 2AH 21b 23
6'H 02 CO 01-1
-185W I8i 177 170J4
.113 ll)H 117 117
. ti3J U4V lij 1 3V.
-1C3 170 105S4 lOMi
IAH 14 IAH 13)1
Villi
0i
7
28
OK
11)4
ma
oik
7
25)4
0!i
im
01
00)j
ob
7
)i
11)4
62H
Under Typew'j.
linlon Hag & Paper. .
United Hr Inrest. . .
United Cigar b tores. .
United Cigar Stores pf
United Cigar Mm....
Union Pacific 135)4' '130)4 135
umui Aiconoi UO i-'Ui lis
U 8 Ind Alcohol pf . . . lOi 4 10 i 10
b b Cast X 1' & K.. .. . 27)4 20)4 -'74
V a o 1 r v pi.... 40 olH
US Red & net 3 3
United Ity mv p-. - 4JH 43
U 8 ltubber . . . . fi6 014
U 8 ltubber 1st pf . . . . 100 100
IS8
Oil AJvshwW
NEW YORK. Oct 27 Tba Htsndsrd
on
thai reflna-i
Coimsiiy of Xsw York announce
oil for exiiovt is uo 23 i-otuts In,
U-lm 10 tents it asll, n l'ennsj Wants rru.ls
oil hs fcesu o.Uioi.4 0 cet A bwrsl to
il.g Pr LarrsL
U ti bteel
U 8 Steel pf
Ulab Copper
Va-Carj Cbem
V-lron Goal &C ..
Wabash w 1
WabaiU pf A w 1...,
Wabasb pf 11 wl--Wella
Kargo Kip. . .
Wot k & i.1.. ......
Western Marrlani.
Western Union Tel
Wheel & Lake Erla .
Wheel & L K lit pf
Wheel & U K 2d pf.
..1..1 uveriall, .
V, lllys OverlaSJ pf
6514 8U
01
oiw
7
2d
OU
Ills
03
135)i
lib
10)
28)1
40)( 61)4
3 3
43 43
5)i 55W
100 100
M J-4J
GRAIN AND FLOUR I
W1ICVT -Hccelits. 171 4i bushels There
was a fulr demand, but with benrlfh specula
tion In tho Wcfct prices dccllnfil 1c. Quota
t'onb Oui lots, In cxpoit ele(itor No 2
red spot and October, fl noiVSI.im; N". J
Southern red SI 07'4.1.')H(4 steamer No
rtd, flOO'.ljlc.i, No I red. 1'P1S,
rij-'ted A J104S1MI. rejected 13. H.02U,l
10i'4
CORN Heielrta. 2000 bushels Trade as
oulct. hut prlns were well maintained Quo
tations Cur lets for local trade, as to location-Western
No 2 jellow. 75.B(4C. do.
stumor yellow. 71i7.V4c . do . i-.yt-low.
72'4fl7.l'4c . Defawnre jellow. 7J'47te-.
OATS.-ttccelUs 17.142 bushels. The mar
ket ruled steady, with a quiet trade. Quota,
lions No .' white. 43ifiilc , standard wh Ue.
4lfi4V . No 3 white, 41T42c. No. 4 white,
TTlIf tic , samplo oats, 3 1(?'l8ci , purified oats,
cradad, 42344c.
VLOUIt. Receipts, 1V0 bbls. and 71,i:W lbs
in tuclcs 'lhete was little, trading and no Im
poitant change In prices We quote per 1UU lbs
In noorlWlnier clear. ai.oaSS 10, do.. ttralKht
S5.103 23. do. patent I3.40tin.ii3. Kansas,
itear. lute acks. Ui5 20 do . straleht lute
sicks. )3 2383 50 do. patent jute 'sacks it,. 50
1 7.1' enrlnt. first clear. Win. do Jral""
say.i 25. ao. paienu irwrio..rj M"- i-;----iiands.
Jl 7,al, city mills, choice and fancy
alert. $3 71fl0 cltv mills, reaular STdes
W Inter, clear. $31 20 1 . stralKht '..205T
5 io. do.. pa(cnt $3.50(73 5.
RYE TLOL'R sold slowly at former rates.
We quote at 3g3.23 per bbl . as to quality
PROVISIONS
firmly
held Followlns; are tne oup.n'.on.,- .,..
hipf. In sets, smoked and alr-drled, 2!WAc
Western beef in sets, smoked. ---
teef. knuckles and tenders, smoked and atr
drled. id27c . Western beef, knuckles aid
tenders, smoked 2a27c., beef hams. 28S0.
pork? family. 122.50821! hams, S. P. "
loose. 12).Bric,: do., skinned, loose . l,(J'-i
do. do., smoked. ri'.BWfcc.: other Jama.
fmSked. rlty cured. o brand and average,
lSiABlOc.. hams, smoked. Western cured.
tsfttllOe dc boiled, boneless 22c : picnic
shoulders. S. P. cured, loose. 12' i do., smoKea,
14c.- bellies, in pickle, according to averaaj
loose. 13V4'14c; breakfait bacon as to braiH
and average, city cured. 17Slc.l 5r'J"
bacon. Western curedi 17et8c lajd. W estern,
refined, tierces. U',c: o . do., tubs 11(40..
lard, pure city, kettle rendered. In .""
llVic.i lard, pure city, kettle rendered, In tuba,
llHc
REFINED SUGARS
The market ruled firm, but there was little
tiadlnif Weouote lSxtraflne granulated, 5 . .
standard aranulated. 5 30c.. Powdered. 5 35c..
confectioners' A. 3.16c.: soft (trades. 4.4005c.
DAIRY PRODUCTS
BUTTER. The market ruled firm and ad
vanced He In high-grade creamery, but . there
was no change In prints. Quotations Western,
solid-packed creamery, fancy special, 81c .ex
tras 20c: extra firsts, 28c: firsts, 2ilVi27c.;
seconds. 23f2ftc.i nearby prints, fancy, 32c .
do., average extras. SOfiSlc; do., firsts, 270
29c: do., seconds, 25320c ; Jobbing sales of
ianey prints, Sfl4i3)c.
EGOS Fresh eggs were scarce and 80c per
caee higher on fine stock, which wss wanted.
We auote us follows- Free cases, nearby extras,
38e per don: firsts. $10 50 per standard
case: nearby current receipts. $0.00 per case;
Wettern extra firsts. $10 Ml per case: firsts.
49 00 per case; fancy selected candled eggs
were Jobbing at 40T42c, per dozen.
C1IEFJK was in fair request and firm under
llKht offerings Quotations New York, full
cream, fancy, new. lBc.i yapeelals" hlgheri
do. do, fair to good, new, 1513(ic, do.,
part sklme, 0012c
POULTRY
LIVE. Trade was quiet and the market de
veloped an easier tone under fairly liberal
offerings, a large proportion of which wh
of more or less unattractive stock. Quota
tions? Fowls, as to size and quality, 14010c ;
roosters. 114112c 1 spring chickens according
to quality, UKlOc , ducks, aa to site and
quality, 130160., large stses preferred, pig
eons, old. per pair, 18320c . do., young, per
n?lr 17flr.
DREBSEU Tho market ruled steady with
demand equsl to the limited offerings of de
.i..hi. tnnkT Wr, nuote Fresh-killed fowls.
12 to box, dry-Picked and drv-packed, fancy
selected, 10c 'weighing 4(493 lbs. apiece,
I8V4C , weighing 3V44 lbs apiece fiHe i
weighing 3 lbs apiece, 17e weighing unde,r
3 lbs. apiece. 15S10C : fowls Ice-racked
Western U4 lbs and atr apiece 18c . do.,
smaller elzes 14fi17c. old roosters dry
Hikoil, 1 i c. chickens Jersey fnncj broilers,
2lff.'iH.'. oilier nearby fancj broilers. 2JW-4C.
Western broilers, weighing 1V4W2 Ibe. apiece,
tflffjoc, . northern Illinois, fancj vellow chick
ens, welshing 4 lbs .and oer. lSttUie.; north
ern Illinois, fancyelghlng 2'4t(l'4 lbs. 16c.:
other Western, weighing 4 lbs and over, Kl'4
917c , 00, do., weighing aViWI'J lbs.. 15c.
Inferior. l4c: sprln ducks, nearby. loei7c;
do. Western. lCEflfic. , squabs, per dozen
White, weighing II to 12 lbs. per dozen. $4 HI
03 10, white, weighing 0 to 10 lbs. per dozen,
St ijiffi4 10, white, weighing H lbs. per dozen,
l2 7Wt.l3, white, weighing 7 lbs. per dozen,
J2 2382 03; white, weighing 0136(4 lbs. per
dozen $1 (iOBT2 . dark $1.3032. small and No.
2 $101.10.
FRESH FRUITS
Apples ruled firm with some kinds a shado
higher under moderate offerings and a good
demand Other fruits sold fairly and values
were well sustained. Quotttlons Apples, per
bbl. Crab. $3ffS, Jonathan, fancy, $S50fl4:
do., fair to good. $2.303. Mcintosh. HSS 50,
Orlmes1 Golden, $2 &0fl8 50, Smokehouse, $2 50
553 50; tiraensteln. $2 50ft8; Twentv.ounc,
2 503; Northwestern Greening. $2 50fl3:
Ulush, $2 50773, Wealthy, $2 5013; Wolf
Itlier, $2 503; Alexander, $2.50(38; Summer
Rambo, $2 50418: Pippin, $2.5033: Ducheas
$2192 50, Black Twig, $2.5053: Wlnesap $2.50
8 23; York Imperial, fancy, $2 50B8; Burt
Davis, fancy, $2.50f2.75: other varieties, $1.50
W2 50, apples. In bulk, per 100 lbs . 75c.
$1.10, cranberries, per hush , 75c.iff $1; quinces,
per bbl. No 1, $4f6; No 2 $38 50; peaches,
i-.w lorx. Eaoeria
40fl50c, fair to good. 25rft0c: peaches, Ohio,
40'(i50c: pears, per bbl Seckel $1ftR; Shel-
non, iim; jii-urre tiAnjou. wsra B): uartieu.
No. 1. $8.50ft4: do. No. 2. $202.50, grapes,
New York, per 4-lb. basket-Delaware. !0ftl2c :
Niagara. 1012c ; Concord, 10llc ; grapes.
1 New York, per 20-lh hasket Concord 83ffl0c;
lemons, per box. $2fl8; pineapples, per crate
I Porto Rico. $2!3 50. cranberries. Cipe Cod.
per bbl., $3flO, do.. Cape Cod, ner crate, $1 75
12; do. Jersey, per crate. $15002: plums,
Southern, par bush., $1 2V51 50. plums. Vlr.
glnia. Damson, per 20-lh basket. 8Mff4lc.:
plums. New York, per 20-lb. bssket. 2SW40c :
plums. New York, per R-1h. basket Bradshaw
and Niagara, 1520c; Relne Claude. 158J20c.j
cantaloupes. Colorado, per flat crate. 60975c. j
do., do., per standard crate, $101 50.
VEGETABLES
The general market was oulet and without
Important chance. Quotations Whl'e pota
toes, Pennsylvania, per bush. Choice. 7l(775c:
fair to aood. OOfiOSc.: white potatoes, Jereev
rer basket No. 1 Rose 4 MA 50c. No. 1 other
jarletles. 4034V : No. 2. 204T25O : sweet pot!,
toes, Jersey, per basket No. 1. soa.ISc- No ti.
lifOp.1 nnlonu p.r 10A.1K K ti k,.:
cnbbago. domeetlc. rer ton. IYtt7- c'e1ery'.New
icr uuiiuji. ini.iir.1 iciiuce, rvsw York,
-no crat. 11 .2S . do., do., ner 3-doz
Asked
.SO
.13
.24
.13
.11
3 D-10
2 15-10
.42
.74
Itluc Rull
Booth
llul'dog
O O D
Conih Fra-tlou ....
Dlamondfleld B II
Daisy
Florrnco
Goldfield Cons ....
Gohlfield Merger ,
Jumbo Extension .
Kenanas
Oro
.. .05
.. .36
.. .03
.. .04
.. .OS
.. .05
.. .04
.. .45
.. 15-10
.. .17
..1.25
.. .32
.06
Sandstorm Kendall 10
S.P.or Pick
MISCELLANEOUS.
rainr Aztec
Klmberly ....
Neada Hill
N'eiudu AV'onder
.08
. .01
. .03
. .20
.1.50
.26
.01
.
.(5
.'i'
.07
.06
.47
$
1.10
.34
.01
.11
.04
.03
.04
1.55
BAR SILVER
NEW YORK. Oct. 27. The pi
merclnl bar siner today was 4S'i cents.
London, 24 pence.
rice of com
At
York
per
rrst. $1.2381.73. niushroom,"per '4-lb. basket!
$16.
DIVIDENDS
Harvest Time
Great speculative markets have
invariably been followed by like
periods of investment throughout
the country not in securities that
led the rise, but rather in con
servative bonds that had been for
the time being neglected.
We offer
FIRST MORTGAGE
PUBLIC UTILITY BOND
To Yield 5.27
FREE PENNSYLVANIA 8TA.TE
TAX AND NORMAL FEDERAL
INCOME TAX
E-3WAR &3r4LTtl&CO
BANK-SCtS
Established
Buoid ind Chestnut
PlIlLlDILPIIU
1802
30 Pins St
New Yoasc
.115M 116H llSlf 115U
71 ili 70J 71
b'J
72H
IAH
4fM
J7H
60Jj
7J,
471,
i8H
.120i 121
I AM 74 (
MH
70
iiH
6
12H
8'J
4
IAH
an
40
70
IAH
40K
-7(
120
IM
Ai
70H"
aJs
11
6
40H
70
14W
40
28H
l'-'O
TiH
i-iH
bO
aj
13
51.
30
-00U ibiU 250
10J . 101 1 1014 10J s
WM-aorth K W P0...112 USJt" 112, lm
W00io(tt P.........122H 122 12J 122
TOM . l,M4t.4K)0 shares, comparsd
wU t,tsM,(M siMWe yesterjayi thU week,
Ijmt.H sssnssai wss perloil last week.
Ck4w M Currency a Failure
WASIUNgTOri. Oct 27 Ths Federal n.
servs Honrd s plan o utilise checks ss cur
rency was admitted today Io It 1 Ltlluri. A
11 result ifft f!av,Jrt, workln oa a now
Mkeais t ail tb lunka to 'JJul ttc
Uiisa.
DIVIDKNPS
TUB AMEItlCAN OA8 COMPANY
. West Washington Byusre.
I Pblladslptila. Pa.,
Oct ft, 1B15.
A quartsrly dividend ot 1 (or is per
hare) has been declared on the capital stock
of thla company, payable Dee. 1st, 1I1B, ts
the stockholders or record at 3 o'clock p. m,
Nor. 17th, ltln. Cheeks will be mslUd.
J. D TOWKPKVD d. Treasurer.
SIXTH NATIONAL RANK
Philadelphia, October 22, 1018.
The Directors have this day declared a
semi-annual dividend tit 5 per cent., payable
November 1st, 1915, to stockholders of rec
ord at the close or business October 224.
IB. CnecKs will us mania
niLi.iAU BAL.TCH, vaanier.
V
r.KQAI. ABVKKTIBKMKNTB
ttY JIUTUAI. CONMSNT THM FH4X AT
Clair A Iwlne ha been dissolved. Mr.
Mas Ivrlns succeeding this business.
MAX LI3WINE.
Philadelphia, October iK 1018.
DIltECTOKY OF ACC04JKTANM
C erllllfd Public Aci-wjtilauts
5IAKKKT STUKKT NATIONAL HANK
Philadelphia, October 2dth, loin.
The Dlrtctprs have this day declared a
semiannual dividend of four per cent. (4),
free of taxes, payable November 1st, I0IS, to
stockholders of record at the close of busi
ness October SOth.
They have also added 1100,000 to Burplus,
maklnr that Fund 1,100.000. Checks for
dividend will be mailed.
W P 8INNETT. Cashier
TIIK rillLAriKMWIA NATIONAlTiiiANK
Philadelphia, October 27, 101B.
The Directors have this day declared a
Dividend of Kliht Per Cent, (8) for the
last six months, free ot tax. payable Nm em
ber first to Stockholders ot record at the I
closs of business October SO, 1915 '
Cnerxa win te mauea.
llOItACU ITORTESCUB, Cashier
TUB GIItAItD NATIONAL UANK
Philadelphia, October 19, 1011
The Directors have this day declared a
dividend of elabt per cent. (B). free or iv
payable November 1st. 1915, to stockholder
of record at the close of business October
Si2d. Checks will be mailed.
CHARLES U. ASJITON.
Caabler
ntANKLIN NATIONAL HANK
Philadelphia, October ZS 1915.
The Directors have this day declared a
semiannual dividend of Klght (8) per rent.,
free of tax, payable November 1, 1915, to
stoi khoMers of re ord at the close of busl
nsss October 10 Checks will be mailed
E P PABSUOnn. Vice President A Cashier
Six Per Cent.
s
ON OCTOJIEK M, 1911), TIIK DIHECTOK8
of Hcott Paper Compaay declared the
regular semi-annual 8V4C4 Preferred Stock
Dividend, payable November 1, 1915.
1 1 IT
1 Wltl1 I
I , SAFRTY I
1 .i
m iu ib seiaom til at U
i we are able to make E
M Sllfih an nHvantUra m
I offering. I
I I Write for circu- I
k uti xvjq. im
PsfessrlW(pt((f
Brown Brothers & Co.
Fourth anb Ctrntmnrr Stkekts
I'HILADELPHIA
Commercial Letters of Credit
w t th f4MveHi4c ami tk protect) aferiM t
bmfirtt w lk heat MsMiiiun fr ;ia ImjmeUMm.
STUDEBAKER CO. FINANCING
Stockholders May Subscribe to 7 Pas
Cent, of Treasury Shares at 110
The Studebaker Company will offe, tof
subscription 20 68D treasury stock to ths
common stockholders of record Nowm
bcr W at 110 per share. Stockholders
will bo permitted to subscribe to ths
amount of 7 per cent, of their holdlnrs.
Payment Is to bo made December J, lfis.
Out of thfe proceeds from the sals ,.
debaker will rotire on the next interest '
uuiq un iiiu uuLaiaiiuin aenai notes.
KAILROAD EARNINGS
1016,
SOUTimitN HA1LWAY.
Third week October.. t.'l02,B7l
From July 1 .... ..... 20.1(17,4M
SOUTHCrtN RAILWAY
September gross 5,nin,u3
Net 1.071,801
Three months' gross ... ini4f4(U
Net t 4 837,177
UNION PACIFIC.
September gross $!).1324ft4
J;et 3,IUR378
Three months' gross .... 2; 441 va
Net 10,130,310
'Decrease.
laeress),
IWCjj
aesal
I 10T,2rj
1 011.511
1.074 414
4BM,
111.114 '
To the
4 Bondholders of
E I. du Pont de Nemours
Powder Company
In accordance -with plan announced
In letter to our stockholders, dated.
August 19th, 1916. the Directors of our
Company -with the consent of mor3
.... ,iyu-iuiiui ui mo siocKiioiaeri
have sold the entire properties ot the
Company to E. I. du Pont de Nernours
& Company, n Delaware corporation,
for 120,000.000.00, payablo as foltowa:
$1,484,100.00 In cash:
$59,661,700.00 nar value In debenture
stock of E. L du Pont de Nemoura &
Company.
$58,864,200.00 par ?alue In common
stock of E. I. du Pont de Nemoura &
Company,
This Is all of the stock that wltl b
Issued by E. 1. du Pont dn Nemnttra A
Company at this time. The properties,1
.. v..v duiu ouujeui iu niu lien or cn&rgs
of our iVt bonds and E. I. du Pont de
Nemours & Company assumed all of
the liabilities of our ComMinr ejtcfrot
capital stock liability and funded debt. .
There Is now offered to our 44?
bondholders opportunity to exchange
their 4-4 bonds at par for 6 ctimu- t
latlve non-voting dobenture stock of Urt
I. du Pont de Nemours & Comtaiiy at'
par. In other words, for every $1000 4J
oona mjre will be issued In exchange l
$1000 nar value 6 "umulathe nnn X
votlrisr debenture stock of I"!. I. du Pont.rfl
ae xvemours & Company. Interest at
tho rate of i per annum trim June
1st to October 25th will be -laid on all
botitN exchanged; dlvldemU at the rate
of 6 per annum will accumulate n
the debenture stock- from October 25th,
1915. The bondholders desiring to tlt
advantage of this offeflng shoyld for
ward their bonds to. the Hankers Trust
Company, 18 Wall Street, New York
City, with the iiima and address) In
which the rjew debenture stpek is to ty
Issued. All bonds received In exebaoge
hereunder will -be retlrod and cancelled;
The charter of E. I. du Pont de e
mours & Company carries tho following
inuviBionB lor tne prottction ot uus i
bentUre stockhnldnra! 1
Non-votlng debenture shares shall,
bear cumulative dividends at the rate
of 6 per annum.
Non-voting debenture shares may b
called for payment at $125.00 P'
share.
No mortgage or other specific 118
may be Dlaced urion tho whole orffl
part of the rjronertv of the company
without the consent of 757o In amo?ntjB
ui ins total nphontiirn urnrK outstasvii
mg except that this provision snau puv
apply to nurchase money mortgages or
I to the assumhtliOn of mortsaees orfl
1 liens upon property purchased. ftOT
snau it prevent the pledge for me Prfiai
pose of securing cash to be uel la.H
the ordinary course of the business of
the compdtiy of securities at any tim,;
iiem ana ownea oy ttte company. pi-
Vlded mirh essh AvnnnH srs secured
on obligations of the company wlth
maturities not more than three year.
ftVl-m rllitA e .! ... B
In case of dissolution (whether voi-J
untary or Involuntary) debenturjB
shares shall have preference overMB
L-uiumon biock on distntiuiion oi
sets to the par amount thereof plu ac
cumulated rflvlriondu
ThA nnn.vntlntf Ah.ninv stnrlr shall
have no voting privileges except t
hi ino event tne company snail a
pay any dividend thereon and such de
fault shall continue for a period of ew
non-votlng debenture stockholder t
have the sole right Of voting to the ms
elusion of the common stockhoMf Wi
tho ensulnsr vpnr nd for each yfW
thereafter Until the company shall fffi
all accrued dividends on said debttf5
stock: and (6) in the event of the Pf,
earnings ot ina company in any
endar year amounting to Jew tJMW
un m nHiouiK ot aeBniure mock
and nutbfshilng' Jiirlkio- utlt. ft
year then tui uon.vnllnr AfthcntuA'
stOckhoMers skisll )me equal .v!l!
rUhta with the common stockho4ssj
wiucn voting rights shstll pontinue ww
til the net earnings of the compajiy Jjs
uiiw suiuro caien4Nr y"r "P"
9 on the imouat as? debenture
Issued an4 oUtstawHeig in such f
TltE COMPANY HEfiKKVES
IlIOHT TO WIT4r)ltAW THS AI
OPKHU TO KXCMAKOiS i'liff
BENTURB mostm OP OUR t
PANV Wit nKRKMfllHR BT
OV B. J. DU K)! DB NBMOURi
UJtl'ANT ON DItqBMBllR It. "
ll.hUmifwtoSm-
ftsisfl
JOJUN J. KA4KOV, Trurv
tiii...