tet-sat: - ;fSSsSrs.a' ' S'SS-" -spwo' vw -;.,
owt-TwrnrMnisg
, - T'-feS;vp?3?K5rSKiF-!9tr-"
.lffSJI
'
EVENING- LEDaEB-PniLADEEPHIA, 8ATUBDAY, OCTOBER 30, 1916.
rpraMSfeiuvC
FINANCIAL NEWS
INCREASE IN BANK CLEARINGS
INDICATES BUSINESS EXPANSION
Total r Week Nearly 85 Per Cent. Above Same Period
Last Year General Motors Rose
More Than 39 Points
NEW YOnif, Oct. 30.
Further concrete evidence that business conditions throughout the coun
try are Improving Is found In ,tho bank clearings for tho last week. Thero
was another tremendous Increase, tho largest since they have been moving
Upward. Clearings reached tho total of $4,551,387,318, an Increase of nearly
85 per cent, as compared with tho previous year. All cities contributed to
tho expansion, while tho largest was by New York, 133.8.
While It must be taken Into consideration that tho Increase In the bank
clearings from week to week Is largely tho result of tho Increased business
on tho Stock Exchange, yet tho fact must not be lost sight of that general
irado conditions are much better than they luvvo been. This Is reflected In
tin Increase of the clearings for tho week over tho corresponding period of
1D13 of more than 3D per cent.
Reports from various lines of trade are more rosy, and tho outlook, accord
ing to many, is very promising. In their review this week tlrndstreel's nay:
"The trade and industrial stream Is running fuller, and In some cases Is out
of Its banks. Warm weather Is a drawbaclc temporarily to retail trade the
country over, but helps the drying of corn tuul tho threshing of wheat, now
much delayed. Jobbing trade Is more active, and Industry shows n still
speedier pace, with some hitherto lagging lines, such as lumber, especially at
tho South, naval stores, coal, Jewelry and shoo manufacturing, reported mak
ing better progress."
Trading on tho Stock Exchange today was again brisk, with tho Interest
centred chiefly In tho railroad shares, as was tho caso throughout tho session
yesterday. The opening was strong, and thero was u good all-around demand
for stocks. Most attention In tho standard issues wns In United Stntcs Steel
common, which crossed SS, lifting It to a new high-record price since 1910
and bringing It within less than seven points of tho highest mark it has
ever sold, 9-1T&, reached In 1909. Profit-taking soon put In Its appearance
after tho start, and stocks dropped off from their best, and tho market becamo
Irregular. Itenewed strength developed In tho last few minutes, and tho closo
was strong. By crossing 101 Southern Pacific made a now top since it was
divorced from Union Pacillc.
Tho widest movement In tho specialties was In General Motors. This
stock rose 39 points on a fow transactions. Baldwin and Sludebaker wore
also strong, but sold orf later. Uellectlng the larger demnnd for the metal,
tho copper shares also showed strength. In connection with Anaconda thero
Were reports that tho stock will bo placed on a $0 dividend basis instead of $4,
which Is now being paid. Earnings of the company are said to bo running
at moro than $25,000,000 per annum.
Inquiries for Copper Total 250,000,000 Pounds
A good business Is being done in copper, and Inquiries nt tho present time
total 250,000,000 pounds. The strong feature In the market Is tho big foreign
demand, while tho domestic demand Is also large. Tho price of electrolytic
has been advanced by one of tho leading agencies to IS fc cents, and another
largo concern has sold at better than IS cents for December delivery. Pro
duction during September was as follows: Nevada Consolidated, 0,021,850
pounds; Chino, 5,251,2SG pounds; Utah Copper, 14.153.2S0 pounds, and Kay
Consolidated, 5,131,46G pounds.
NEW YORK BANK STATEMENT
Big Gain in Deposits Loans Expand
Over Thirty Millions
NEW YOIIK, Oct. 30. Increases all
along the lino were reported by the clear
ing house banks In their weekly state
ment today. Loans, on the uveragc, ex
pand over $33,000,000, while deposits rosi
$10,031,000. Reserves Increased about
$3,000,000.
Total loans were $.1,039,009,000, net demand
deposits $3,119,813,000, with net time de
posits of $142,352,000. The aggregate re
serve was $731,038,000. Details follow:
Clearing house members average
Increase.
Loans . . . . . : f SS.IWS.ooO
uepaMii
Tim'.!
Time' deposits
Reserves
Clearing house members actual
Loans
Deposits
Time deposits
Reserves
40.tSTil.tMHJ
. 3,345.(100
. 3.U72.3UO
.$2I,(',C,I,000
. 2",01S,0(,()
. 1', (101,000
. 3,115,120
JUMP IN BANK CLEARINGS
Increase of Cities Throughout Country
Was 84.9 Per Cent, in Week
The business of the banks in tho United
States during the last week showed a
tremendous Increase over the same week
of tho previous year, being 84.9 per cent.
The total clearings for tho week were
$1,551,387,313, against $2,401,760,366.
All cities showed Increases, New York
being tho largest, with 133.8 per cent. De
tails follow:
1015. low. P.C.
New York...$2,342,322,'.)31 $1,001.0.13,104 133.S
Uoston .... 180,M)4,3H2 101. 143,)-0.l 55.1
Philadelphia. 15.V1UU.S-0 lot.4tC.7KT 4S.T
Baltimore ... 31,35!,OI5 2(l,5oa.K,s 1S...1
Chicago .74,u7.iK)i
Ht. LOUIS 74,21)1,577
New Orleans. 20,t77,770
New York Bond Sales
Illsh.
.120
.1(1314
. 07
. W)'t
.101
.11014
. 02
. l?i
.los
$0000 Alaska Oold cv (Is. .
401)0 ahiit Hide & L tit. .
1000 Anitlo-Kr L w 1 5s..
21MK) Amer Tel clt 4s
Undo do cvt l..s
IIK'0 Am Tobacco new lis.
.""on Armour Co 41ss
7(0( Atchison pen In
2.KIIK) do cv 4s 11100
1000 Allan Co Line clt 4s.
2IOWI Halt & Ohio 4s y.tU
1300H) do cv 4".js 11H4
Hill licth Steel rfd T.s lMi'.j
1000 llrook City 1st T.s 10J-;,
LtUI UrooU Itnp Tr T,s toon
tmoo Cent Leather 1st 5s. .,10141
loud Cent l'ac 1st 4s S.S
lov) Cent 11 It N J 3s 113
51100 do icir r.s 113
OoOO Cent leather .Vs 10114
4O0W Chill Cjpper 7s lists
3O0K dies & Ohio cv 4s. . 87
2((i) Chi Ot West Is Bis;
(WOO Cht n & CJ Joint 4s... 07(5
OIihki Chi M & St ! cv .",).. lOTik
Bono (hl M & St I Ben 4',is 0!)
. . !i."
..llli'i
..MM'.
T'
. . 7
. . Mi
,11.
233,0.ill.2M) lfc.0
3.i,UOU,40.I -h 4U.U
14.04S.012 4S.0
Seven cities, 5
days ..... .$3,030,008, 131 $1,534,141,507 09.2
0dayltl!'C.".'.!' 8S4.230.410 500.402,304 30.7
ffifo tt) cities
5 days $3. 740,244,850 $2,034,343,001 83.8
Allay". "!" .'. . 811.142.4G.S 427.222.403 MM)
Total ah cities
for eek...$4,53l,3S7,31S $2, 401,700,300 4- 84.0
RECORD OCTOBER CLEARINGS
The volume of clearings ot the Phila
delphia banks for October broke all
records for that month.
The total clearing were $901,463,890. com
pared with $047.953,S1G last year, an in
crease of 2S.12 per cent. This makta the
total clearings for the 10 months of the
current year $6,952,539,822, compared with
$5,647,111,011 la the corresponding period
of 1311, an increase of 4.37 per cent.
Local Reserve Bank Statement
The condition ot the Federal Reserve Bank
of Philadelphia at the close of business yes
terday compares as follows:
RESOURCES.
Oct, 20.
Gold coin and certift.
cates In vault $7,Sti7,20Q
Gold settlement fund
Balance w;fi.xMX
Qold redemption fund., jt.ooo
Legal tender notes, ell-
ver, etc. J,oJ,o,l7
Total reserve 11,133,827
Commercial paper iHS'
Hank acceptances 1,823,033
Total bills discounted
and bought MrJ'SIJ
U S. bond 401,050
Municipal warrants g.fcOJ.tm
Total Investments $3,338,858
Due from other federal
reserve banks net. . .
Feseral reserve notes
on band ..............
Notes ot national banks
and other Federal re
serve banks
JUI other resources,,,,.
Oct. 22.
$9,100,020
2,330,000
37,004
2,740,012
14,300,002
218.1U2
1,413,933
1,661,717
401,0311
2,800,031
4000 Chic Itwy
r.iKio Cons this cv Os
MOO Cumberland Tel Bs..
ISflfKi Del & Hud rfJ la..
.'(Hoi) do r f p
200(10 DIs Secur Corp 5s...
10(100 Krlo sen 4s
30(10 Uric tonv 4s Ser A..
20000 Krle conv 4s b'cr 11.
BOOK 111 Chi Jt r.s
2000 III Steel dch l...
20W( 111 Central rfd 4s STVj
luooo Ins Copper cv (is 1ST,
00(10 Interh Met 44s 7HJ4
'000 Interb It T ret 3s 117
C2O0O Inter Mer Mar 4',$s. K
30(k Intcrnl Pnner Bs SO
40(0 Lis & M T 7 122)4
5000 I.OUIS & NOSh 45 03':
BOM) Mo Kan A; T 1st 4s.
Tooo Mo Pac 4s
SflOO N y Air Drako cvt Os.102'4
17( N V Canal IWs 10ui
MOO N Y C L S 3tis sol.
37(K.O N Y Cent Is It K P..10.K
A'.UUO .n v c ,fc 11 Hjs....
150(1 N Y C & II rcg (Is...
WO do 4s 7
(KtNio N Y City ret 41(s 'CO
1iw.
120
1(H
07
10',
103
111)'.,
02
1US
.S7
.v.)
04
llc
102'',
Moli
Ml
113
113
Ml '4
ilsT
,SS3fc
103
O'.l
HT,
1M
07(3
5(1
ltni-i
Clo-o.
120
Mjl,
71h
HOli
Ml
lll'la
02
03K
10S
Wf
loo-lj
102 a,
KO ',4
M I VI
ll.'IH
11.1
10114
IS
'$
03
UllUj
07'S
BO
IOBts
71
t
K
7SV.
41
1)0
. S0i
u.
HOW N Y Kwy adj 3s T.llJ
4MIK) N Y Tel Ken I'is 07
1KXO Norf &i West cvt -His. .UK
1000 Norf & Wcit 4s 02
31000 Nor Pac prior Is 02
.1000 Nor Pac Ken 3s HT
20M) Ore Hvy & N con 4s.. 02'i
4000 1'enna en 4s Ml
400O0 do en ct His OSli
-,,",, .ui, ,-3crv J US MV,
B(1(K) Heading sen 4s 04ij
Dili
4
22(XIO Hen Ir A: H Bs
12()0 Hock Island rfd 4s
3000 Hock Island Bs 431:
(ouu peauoaru A 1. adj Bs.. TO
GOOD flout h Hell Bs os
20(10 .South l'ac 4s S514
12000 South l'ac cv 4s 87
Ihosno do cv ret f p Bs.... MO
2-i0i) South Ilwy gen 4s... 70'.
20O00 do con Bs ion,
HOO Texas Co cv (Is 1051,
2000 Third Ave adj 3s 70!i
BOO) Tol l'eo & W 4s 5I1,
Mmo Toh Co Hroil adj 70
7000 II 8 Steel 5s ll;
50.) IT a llov 3s c 101
KKM) Cnlon l'ac 1st 4s 05i
2000 I'nlon Pac v At 11.li.
1000 Union Pac rfd 4s 8T?,
1000 Va-Car Ohm 'Is 102
2OKI0 Wahdsh 1st 5s Mill
2m0 Wuuasll 2d 5s O.'li
4o"0 Wah K ct sta Is 1st pr 43
1000 Wah Kou ct 4s 1st .uref I7i
ft'iooii Wab E11 ct f p 4s lOU'i
77000 do sta f i lollj
,,!., 111-., mri.
W)0
4000
do sta 1 p nil1,'.
West Klec 3a 101U
1 West Md 1st 4s 72ti
1 West Union Bs ... . . . vj
Ml
110',
S!
isivi
7(1
07
8.1
S.0
12214
7'
101I
1024
I0:ii
SO'-j
loll',
1H)
lOO'i
NIlJ
0!)
MP,
31 ;
07
117U
02
02'i
04'i
02lJ
Ml
o.si;
8s4
1141J
i
"
(Mil
OS
8514
87
J0.V1
70ll
101
M31,
-an
51).
r,sii
i(i.i,
101
03'.
0.1
87i
102
1001J
101
MIW
72';
4:1(1
Ml,
DOT'S
iiV
7(1
l)(
NH4
SO
122'..,
0.11s
7f4
100?,
Mil-,
HOT
0O
loo'i
S'.'J
i)0'4
M.l'f
31 14
!)7
lis
02
I)2V
Oil,
02',;
104
0SW
8SW
Dili
I) l?
c.ij!
70
OS
8514
Mil
70'4
Mils
MSI,
7!H,
Bl
70
iai
Ml
ll.V-i
0.1V,
874,
102
HUM,
SI3V-J
45
47H
loills
lolli
1011,
72lJ
ll),
Total sales, $2,007,000, compared ivitli
$1,967,000 yesterday; thus fur thU week,
$26,503,000,
3,870,081
803,323
110,015
104,223
$3,381,683
3.843,808
M7.1W
143,330
1C0.3IH)
Total resource $21,200,648 $24,031,&
LtlAXlU, , CO;
;5,268,4O0
8,783.321
2WI
nnt,.i -.i in . . xn on.450
Bewns "depoiltiUnet;" I."30.05O
All other UaoUltles 21a
ToUl liabilities $24,200,649 $24,031,087
BANK CLEARINGS
Bank clearings today compare with corre-
tpquams My '"U",, '".T.'i, iuih
1013.
1014.
Phlla. f?i.95J 2?.a?.9? 3S?-SS
I.SI.idU .I,OI.W,W m,w,ww
.,:. in
Ksw York.. .514,583.032
215'.033,tm 417,7,rJ3
DIVIDENDS DECLARED
s Buckeye Pipe tine Company, $2 pr share,
V payable December 15 to stock of record No
"1 yember 24.
I Consolidation dual Company, regular quar
, terty lVj per cent., payable October SO to stock
I ef reord October 23. .
l"! Standard tianltary ilanuiacturlcg Company.
.tnuUt quarterly per cent, on preferred
"x'a-iKl 14 Pr c"1'- 0 coaujwn. both payable to
toclt of record Octuber 21.
Pa-d'- Oas and Electric Company, regular
niMrtrly 1JS0 on first preferred and original
preferred, both payable Novembr IS to stock
" ' ' ' ' i? ' ' ''
German Bank Statement
BEBMN, tt 30. -The statement of the
Jntncrutl Bank ' 3rtnaov for the week end-1-sa
rUctcBer h w hr loilowlng i-banges
t.ti.:J rj-r- mr i : ''HH) marks. . om
S?rttiI BJS' r Tr. -. W1U decreet 1
4'-5, c,'6t fr- - , k lju.a
tuti CvmHA l" v ' marks, private de-
WSKlVJIVUr Vff.VW.WV U.W..V
RATES FOR MONEY
Call Time
Philadelphia 3 4i:i',j 314f4
New York l?i2 2I:liA
Boston 2 ami
Chicago v 3iM 414
Commercial paper, 3 to 6 months. Philadel
phia. 3V.&4 per cent.
LIVE STOCK QUOTATIONS
CHICAGO, Oct. 30.-HOGS,-Kecelpts. 7000.
Market steady and strong; mixed and butch
ers. 0.4OU7.O3j good heavy, $7.20Vg7.t; rough
heavy, 6.23t7; light, $(1.457.45; pigs; $3tf
a2S; bulk. $U.05e7.35,
OATTLK. Receipts. 500. Market steady;
beeves, $1.50610.40; cows and heifers, $2.75(9
8.25; stackers and feeders. $0.250; Texans.
$e.BOi.S.S0; calves. $011.25.
SHEBP- Hecelpts. 2000. Market steeady:
native and Western. 3.2,0.BO; lambs. $6.03
60.25.
NEW YORK BUTTER AND EGGS
NEW YORK, Oct. 30.BUTTEn.-Market
steady; receipts. 5242 packages. Extra, 28?iij
20c; higher scoring, 20H80c.; State dairy,
2SHC! Imitation creamery, 238 21c.
EGGS. Market steady: receipts, 4507 pack
ages. Extra flrsts. 3530c.; firsts. .'IMrtlc;
nearby whites, 534IC0C. ; mixed color, 30ij3Sc.;
refrigerator firsts, 21HS23Hc; nearby browns,
METAL MARKET
NEW YORK, Oct. 30. Spelter strong, prime
Western spot. 14141i.; futures, l'.'t.SHSc.
per hundred; lead. 4.08c.
Cash in State Treasury Very Low
HARRISBURO. Oct. 30.-tate cash Is at
the' lowest point In many years, the total
balance at the close of October being ltttto
reore than the balance In the general fund
at the end of September. The balance for
the close of September was $1,428,027; for
October, $3,663,161. ,
Eastern Steel Dividends Resumed
The Eastern Steel Company has declared a
quarterly dividend ot I1, per cent, on the $2,
OOO.OuO first pref. rred stock payable December
13 to sluik of r t..rl December 1. This la a.
resumption f dl.llenda on that stork after a
liu f fcjr i-'l- '- or one year The laat
previous Quarterly dividend Was paid SepUm
fit It, 1914.
New York Stock Sales
32
4'2J
mi
71?
0Si
WW
(11H
107
87
Last close. High. Low. Close.
Alaska Junoau 12H Ui 12H 12
lfflta GoM At 32H Sill
ADls-Chalmcrs Mfg.... 43 43 '
Allls-Chalm Mfg. pf... 74H 71
Am Ae Chemical 7V4 72H
Am Ae Chcraleal pf... os,u oa
Am ht ousar 05!t UOH
Am Can 03 03)4
Am Can pf 100M 0!l
Am Car & foundry... 87-i HSU
Am Cat & Kdy pf no 117H 117
Am Cotton Ull. 02 liiH UJ(
Am nxprcss liu no)
Am lnuo & Loathot... 12H Itti
Am llldo & h pf S7, fis Mil C7U
Am ico tccutlUOs 25 23 25 25
Am Unseed 2!l 2UX 23 28H
Am Unseed pf 4751 4SH 47U -17H
.m Locomotive 705 71 70H 70V
Am Locomotive pf O'.n UDH OUJi D9JJ
Am Malt lli 12 1134 11J
Am Malt pf 351i 33! 33)4 35H
Amfcmelt<cf U3!f Dl! SttH l'3?J
Am Km & ltef pf 10Uh 1(W 10'JH 10'J14
Am MncltotJ pi A hOW 80)1 80d 8fl'l
Am Muellers pr 11 82)4 8JH
nin ctccl l'Oimdrlw... 085j 09
Am (-near Heflnlng....ll2 113H
,m hiigar Ilcf pf llo)i 115)4
32
43
74
72M
OSX
G0H
02
107
87
117H
02 H
110)1 110i
12)5 12)i
Am lei A 1 01
Assets Itemization.
Alfli 1' .t s i-
A tch T & s y pi..
Am Woolen
Am Woolen pf y7'j
Am Woolen pf tt r. . , . 07
83) (
ObU
112
115)4
lai't
10
12Ui Ulit
10 10
l()8)i 10SH 1071
101H 101) 101)i
6C do (Mi
073, 07J,
U7Ji 0;
83!l
B.S3
113
uaii
i2t;i
10
10s '4
lOHi
s;
t)73
S)7Ji
62) i
Anaconda Coppor ) 83 Ji 82)1
UalUln Loco 130)5 13J3I 1314 13U
llaltlmoro le Ohio 4i )IH Uiii !)43i
llaltlmoro & Ohb pf,. 75a 75!i 7uH 75)1
llctblchcm Steel 510 524U 524!i 52t'l
llrooklyn liao Tr S7 hV.i
Uutns llrothors 80 87)n
Uutte & faupcrlot 07)4 WJU
Cal 1'etrolcum pf 43 43
Canadian Pacific 183)5 184)1
Cent Leather Co 60 5U)
Cent Leather Co pf... 107)5 108
Lhesapeako &, Olilo.... 59U 0211
CI,ino Copper 62)1 63
Chicago Otcal Wc3t... 14H 13)1
Chlcauo Ot West pf... 30 305
Chi Mil & bt l'aui.... U1W Uj
C M & St Paul pf..... 128)5 120
Chi St 1' M & 0 110U 11U)1
C C U & St L pr 76
Mi
13H5
. IDS
. ,')S!1
. 35)1
. 50
.141)1
. U0
. 20)5
U0
.. "5)4
. 7Jj
.34
. 7)1
. 43)f
. 57)4
. 4)
. 28)4
. 60
.345
.1711
IS'l
131)5
12)5
58
33)1
60)i
142)5
00)1
21
DO
87
107)4
lib
05)5
lo2
4SH
20)1
7)4
13)1
73
4334
68
49
30
62H
313
l:2U
355)5 o'J5
113 113)4
.. 77
.. 3SH
..124
51J4
. 71-,
.120
77)4
40
125)5
109)5 110
Chi 11 1 & l'ac...
( hi & Norlhwest. .
Chlcaco & Alton...
(.couilj ruui ,; 1.
1 01 & Southern....
Co! & So 1st pf. . . ,
Consolidated (las..
Continental Can...
Corn Products Hot.
Corn Prod Kef pr. .
Crucible btcol 80)1
Crucible Steel pf 107
Cuban-Am Sugar 119
Deere & Co pf 93)4
Delaware & Hudson. .15 DJ4
Distillers Securities
Dane Mines
Dul S S & Atl
Dul S S is Atl pf. ,
Lice Storago ilat..
hrle
Lrle 1st pi
1 lie 2i pf
l'cd Mln & Sm....
led Mln A Sm pf.
Gen Chemical
Cen Kleclrls
(Jen Motors
Gen Motors pf. .. .
Goodrich 11 h' Co.
Grtenc-Cananca...
Great Northern pf,
Gt N cfs for ore prop.
Guccenhelm Kxpl'n.
Homcitako Mlnlns. .
Illinois Cent
liu Agricultural
ii 1 Agricultural pi..
Int Harv Corp
imer-Alet vol 1 c. ..,
Inter Con Corp'n...,
Inter Con Cor pf. ...
International Paper,
lnternat Paper pf ...
Inspiration Coppor..
IntNIckel tr r 195U
Kan City southern.... 3.'J
Kansas City South pf. . C3H
Krcsgo S S Co pf 110)1
Lake luio & West 12
Lcck steel
Laku Erla & W pf. . ,
Lthich Valley
Loose-W His 1st pf. .
I.ou' Island
Louis 6c Nashvlllo. ..
Manhattan El gtd...
Maxwel Motors
Max Motors 1st pf. ...K0
Mai Motors 2d pf.... 03
Minn & St Louis 15)1
Minn A: St L pi 32)4
Ai St r & S S AI....
Miami Copper
AU'ilcan Petroleum..
11 0 Kan & Texas...,
Missouri Pacific
Alontana Power
Nat CIS pf
Nat Enamel A. ....
Nat Lead
Nat lty of AI 1st pf
Nat Hy ol Al 2U pi..
Nev Con Cop
New York Air llrako,.147
N N 11 & H KJ'i
New York Central 102)4 103)1
Norfolk & western.... 11 js 119)4
N V (J & West 31U
87
87)4
07)4
43
183)4
69
108
69)1
52
11U
35)1
1)4
129
119)1
74J4
18)1
131
12)4
6 7 4
35
50
142
195
20)1
90 -
85
87JS
87)4
08)4
43
181)5
60)i
108
023i
52)4
15)1
30)5
l)f!l
120
110)1
71 ,
18!
131)5
12)5
57)4
35
60)4
142)5
!U)4
20)5
90
85
107H 10734
118 118
93)4
162
47)4
20
7)1
13
42)4
57)5
49
30
62
315
lbO
374
113)4
70)4
3'.l
12-1 .(
ri'i
7l'i
05W
H2
18)1
20
7)4
13)1
72
42)5
57)1
1203 120)5
2d
0J)4
70
7S4
11
42
45J4
83
3H,
SO'i
95'
25)5
2b),'
00
08
22)4
23)4
79)1
11)5
42)4
10)5
.129)5 12 J
.12S)5 129)5
S3 85
10)1
33
.12-1)1 125
35)4 35)1
19S)4 197)4
3D4 33
0-1)1
110)1
11
81)5
324
81)5
05
26
19
30
62)4
315
182
391
113)4
70h
1J
2.)'l
5135
723
120)4
10934
28
05)1
08
2235
23)5
79)1
1031
42)4
40
19SM
33)4
03)4 01)1
110)5 110)1
13 11
83)4 81
32)5 32)5
10935
20)4
05
C8
22)4
22)4
59
1051
42)1
4534
S0)4
05
90)5
63i
5)5
5SH
feOH
95
2-D4
129 129
120)5 129)4
82 83)1
101)4 100H 101)5
01J5 (WJi 0-1)5
lo)i
32
124
35)1
SOW
6).
5
59
91)5
0),
5)4
00
lo)4
3.)
124
:i5M
S!34
0).
5i
CO
109)4 10935 10934 10935
33)1
07
23
9)1
15)5
35
07)5
2S4
9
16M
147)4
S3)5
34)s
07
23
9
15H
140
82)4
34)5
t7H
23)5
0
15)4
140
6235
102)4 103
117 119)1
324 31 K :1ii
North American 72 7-1)4 72)j 74)4
Northern Pacllic 114)1 115)1 114)1 115)4
Pacific Mall 31H ;2)4 31 3134
Pacific Tel & Tol 42 41 43)4 44
I'tnn li U 5931 00)5 6935 C0H
Peoria & Eastern 11 11)4 u$ iij
1 ui.aueiptua -u 40 40 45 4534
Pittsburgh Coal 39 39)5 39 39
Pittsbur.-n Coal pf....lijS)l WWj 10i35 10835
ritis u u 01 1, eon &u bu
Pittsburgh. Steel pf. ... 9S 90 93
litsseu oleei Car 7234 3,'i fi
Pub S Corp N J 1U 112 112
puilman Co 100 108 108
Quicksilver 434 5)4 434
Quicksilver pf 5)1 C)4 5)1
Hy Btee, &P2 50 50 4lii
lty Steel Spring pf 03 03 98
Itay Con Copper 20)1 20)4 2034
lieadlnj 83H F4)4 Ki.'i
Itep Iron & Steel 5-1 55 54)1
Itep Iron " Steel pf... 103)5 1C-114 101
Kock Island Co a
ivumeiy ji Co 4-i
bt LouU & S V C
St h & H I' 1st pf 10
St L &S V 2d pf 3
fceatoard Air Line 1831
eealoard Air L pf 4134
St Louis Southwest.... 19
bt L toutuwest pf 35)4
bloss-bhet b & 1 Co... u 1
So Potto H Sugar 130
southern Pacllic 'j931 102
Southern lty 2534 23)1
ctudebaker Co. 171
btudebakef Co pf 115),
Tenni Copper ex its... 63
Teias Co 171
Texas & 1'acUlc 1434
Third Ave 01!f
Tobacco Products pf.. 10035
35
535
0
10)1
8)5
19)5
42)1
19
38
G135
130
Uclou Bag A; Paper,
United Cigar btorta,
United Cigar Mfrs.,
Union Pacific
U s Ind Alcohol..,
U S Ind Alcohol pf
U S Cast 1 r & v.-
USOIP& F pf..., 52)1
United KyJ iniest..
United Hyslnv pf.,
U b llubber... ......
u S Steel
U B Steel pf 11635117
O'-i
10
04
15
42
6t)(
87)4
34
5)4
0
1031
"31
19
42
19
535
01
130
100
25H
173)1 10 )4 172
110 1)5)1 11531
03)1 6334
171
15
01
99J1
7)5
9)4
03)5
80
9J
72)5
112
ies
5)4
0H
49)4
03
21J4
S3
i.4!i
101
35
534
0
101
8)5
10)5
42)i
19
38
01
130
lOlfi
25)1
171
15
01)1
03)1
735
935
0335
0-1)1
171)4
15)5
B1U
99)1
)
035
04)4
.,137)5 139H 137H 13531
no uuj 11BM U'J
10535 100 100 100
30J1 31V4
5235
25)1
43
5034
8831
Utah Copper., 7234 73)1
Va-Caro Cliem , 60 51)1
Va-Hoa Coal;& 0 70)4 7134
Wabash wl .',..., , 16 10)5
Wabash pi A w I.,..,. 4735 4834
Wabash pi B l.t., 31)5 31)5
Wells Fargo Exp ,123 123
West H & M 72)1 73)1
Western Alarylanl..... 34 31)5
Western Union Tel.,,, 80)1 Si
Wheel & Lake Erla.... 434 4(
Wheel & h E 1st pi.., 14 HH
Wheel & L. E 2d pf... 5)5 535
wiiivs OverUnd,,..,..250 '162
Wis onsln Central 39 43
3031
52)4
2531
41)1
5631
87J1
llf3i
72U
6035
71
1831
48)5
31
122
7231
33)1
6031
4)1
U
252
3935
Woolsorti V W Co.. .111 111)4 1U
3031
52H
2531
41).
5031
b73
UoH
7231
6034
71
16)4
4834
31)4
123
72)X
34
81
4H
14)5
531
262
43
114
Total sales, 714,000 shares, compared with,
1,1904)00 ibare yesterday! uu U tiia
weelc, wai,400 shartj,
FOHEIGN EXCHANGE
Sterllnn:, Todny.
Demnnd 1.01
Cables 1 1.0.V,
l'rnnes.
Demand . . , ft.Oft r,.02yi
Cnhlex ..,, n.01 (5.01
Mnrlc,.
Demnntl ......,.., RH4 814
Cnlilcs , !,, 81
Yes.
Close.
4.I11TA
4.M?',
WHEAT LOWER
AT THE CLOSE
Sales in Philadelphia
Extraordinary Increase in Re
ceipts at Interior Points Ex
port Demand Heavy for Oats
CHICAGO, Oct, M.-Knlos of wheat wonS
llBht at the opctihiK ol tho (renin market
today. Prices generally rased off n. trlll
followiiiK tho llrst (tiotivtlona. Too mnr
kct lntor beenmo steady. Outsldo markets
displayed wcaknrsscs which wore rellect
od on tho local Rltuatlon. Closinq; prices
showed a ono-ccnt loss In December, and
May wns off n little more.
Kxport huyliiK offsot the hedglns pross
uit aualiist large receipts. The short elo
molit has been reduced. Sentiment Is split,
with hulls showing Increased activities.
At Interior points an extraordinary in
rreaso In receipts has been recorded. I'"or
live days tho total has been IG.SOJ.CHM
bushels, iiKnlnst ll,32fi,0(iO last week, and
10,513,000 bushels In tho corresponding
period ot last year. Despite the heavy
receipts stocks aro accumulating but
slowly. It Is b?lleved that moro export
sales nro being' inado than those reported.
Corn moved llttlo after opening In
favorable comparison to yesterday's clos
lug prices. I'lrmliess was given the mar
ket by 11 strudy Improvement In tho ex
port demand.
A heavy export demand for oats kept
that commodity steady, although nctlvo
trading In tho early hours was missing.
Kxports reported aggregated 1,200,000
bushels of wheat, chlclly JIanltohas; MO,
000 bushels of corn, 1,000,000 bushels of
oats and 100,000 bushels of barley. It Is
ostl mated that wheat exports for tho
week will total 47,0iKl,00O bushels. Cash
handlers sold 300,000 bushels of oats for
seaboard delivery.
Conditions ut Liverpool were steady.
Arrivals nro expected to Increase. Spot
and corRoes show no change.
Leading futures raliKtil n.i follows:
Yrj.t'(l'B
Whcnt Onpn. Illch, Low. Cln4rf. clnr.
'.ipcemuer .. 1.(1.1 ).(( J
May l.nivt 1.0IU 1
uorn (new ucMvcryj
Tct. elosft. High. I-ow, Cloee,
DAmOll .......117 117 111 117
010 Am Hallways.., 3V$ 83M 3S SS
IS 'Am Itwys pref, 07 00H 8fl',i Ofl',1
1W) Anaconda Mln,. ., 83 S3U 83)j
105 U & S tc r-fd.i. fil C3 Bl-H B3
33 nrlll, J CI 0214 C3 2)i 03
S3t3 Crtm Steel C0T 07 C0)4 0T4
200 Chen & Ohio OOH 00 WH'
10 Catta 1st pfd... B2H B B BJ
12f, Elee 8toraeo.... 72 72)4 72 72)i
410 Krie 43H 43V1 . 42)4 42
1B0 an Asphalt ... 35 33 33 83
M do prcf 72 7151 "1? Wi
20 Insp Cop 40V1 lOV't 4Vt
10 Ins Co N A.... 23)4 28 23)4 23
100 Key Tel Co It 13)4 13)i 13)4
2115 Uke Sup Corp, OH 10a 0 10H
K() I.eh Nav ,.,,.. SO 80 70)4 70(4
270 toh Valley .... 81 81 80S 81
37S l.ch Vol Tr,... 17, 17W 17 17W
23 do prof 33 37 37 07
210 Miami Cop ..35 33 35)4 3B'.4
nooNorth Cent ...81 8) 81 81
100 Korth l'ne 15 15 15
"III Penna It 11 ,. CO GOV, 00 CO',4
15 fa Salt Mfg ...101 1015 101)4 101)4
25 I'd Steel SO 85 SO SO
105 fluid Kloc ....27)4 2714, 27 27
410 t'hltii It T .... 1(1 JOJS 10'A 10)i
720 do tr ctfa ... 10M 10M 10)i 10)4
410 Iteadlni? .81 8ti 8.1J4 fOV,
10 80 I'acirio 100 100 100
150 So Hallway . . 25U 23)1 B JiSH
10 U S llubber .... f.0!4 C0)4 BO'.i
.'100 Union Trao ... II 43i 4.iy, 431;
102 li O I 80 8(1 80 80
BG02 U S Steel .... 81 8SH 87 61
130 Wttrwlfk 1 & S 10?i Hi 10), 10Vi
(I Cr.tmp & Sons, 85 85)4 83)4 83)4
25 Vork Ilwy 7)4 8 8 8
feAILROAD EQUIPMENT PURCHASES
LARGEST IN SEVERAL YEARgl
Heavy Increases in Earnings Resulting From Shipment I
of War Materials Sharp Drop in J
Pennsylvania Steel Common
i.ol'l ti.oHi
1.02)', tUH!
1.02 V
l.Cl'4
Octolicr
Ueecmbcr
Mny
Oats
Decrrnlttr
Mny
Lard
October . .
November
January ..
Itll.s
Oi'tnber . .
November
January ..
l'nrlt
October . .
December
Jnminry
Ol'Si
021,4
Ml;,
8t)i
513
r,oti
3811
R)li
. 8.87
. 11.15
,10.00
. 11.05
. IM7
1 1.00
..1I.IK
10.05
30.10
0.17
lt.fi7
11.70
Hid. tAsltetl.
.111.1)0 111.00
02
t3!)
:io',i
8.87
78.S7
0.10
11.02
II.0O
0.12
11.05 11.12 11.35
11.00 1 1.12 11.110
10.12 10.15 111.75
no (4
nsji
mi',',
8.07
1S.07
I,.!I0
10.37 10.70
0.115 lo.in
8.02 8.07
IJ0XD SALKS IN OCTOBER
REACH EI) A LAME TOTAL
Transactions on Local Exchange
Twice as Big as September
While trading In stocks on the Phila
delphia Exchange fell oft 210,017 shares
during tho month of October, sales of
bonds were moro than twice as large as
they were In September. Thoy were also
the largest since January, 1912. Stock
sales in the month now closing wero
835,070 shares, a decrease of 210,070, as
compared with September, and the
amount ot bonds which changed hands
was $2,111,330, nil increaso ot $1,211,331 over
September. Although stock pales fell oft
this month as compared with September,
tin y were larser than nny month In tho
last four years. September, of course,
being the exception.
Financial Briefs
Tolul ntrs, 22,180 idiarcs, compared with
42,201 slmrri jcnlcrdnyi thus far this week,
109,111 rdiiirc'.
110ND3.
Last prov.
sale. High. Low. Close.
J.'IOOO Am O & 13 5s.. 88
220H0 lleth Stl let Cs.l02'.
1000 do Us 110'i
1000 Elce & l'eo T 4a 78
100(1 In'st.ito Itwys 4s COVi
1000 Leii N (-en 4!4s ..
10000 do com His. 100
227000 l'cnnn Ken 4',4s OS',',
300 l'hlta Klec Is... SO
1000(1 llcadlUK Ken 4s 0IT4
2000 do Term 5s... 110
2300 Un Itwys t 0 4i. 7:1
Total Hilled, $287,000, ennipnrrd wllh SI38,
183 jestrrdayi tlnm fur this week, 013,530.
88U 88 SS .
102V4 102V4 10214
llll'.i llll'.i 110U
"8 78 78
K)',4 BUH 6!4
102 102 102
100 100 100
09',4 08V, 8'4
82!i 8214 82"j
1111 01 U)?t
110, 110)4 110'i
7.'l'.i 72W 72V4
The interest on Cambria Steel scrip duo
November 14, 1015, will be paid Novem
ber I!, 1913. Books closo November C, re
open November 15.
Tho New York banks gained $3,805,000
from tho Subtrcasury yesterday, and $13,
038,000 slnco Friday of last week.
Tho cross earnings of 32 railroads for
tho third week ot October wero $11,372,120,
an Increase of $2,116,217.
J. Walter Steel and Edwin F. Jones will
rc,tlro from tho Arm of Battles & Co.
November 1.
By order of J. Hector MoNcal, trustee
In the bankruptcy proceedings of A. M. 1
Chandler & Co., Samuel T. Freeman A:
Co. will sell at auction on November
10, noon, nt 1519 Chestnut street, certain
stocks, bonds and claims of the bank
rupt Urm.
Exports ot copper from tho Atlantic
ports tho week ending October 28 totaled
CC33 tons; slnco October 1, 21,212, and for
tho 8.11110 period last year 23,411 tons.
Commercial failures this week In tho
United States were 381, against 400 last
week and 431 last year. Of failures this
week 135 reported liabilities of $5000 or
more, against 140 Inst week.
Rodman Wanamnker was elected to the
board ot trustees of tho Mutual Life In
surance Company of Now York.
Local Bid and Asked
Today Yesterday
Hid. ABked. Hid. Asked.
Hurt & Hus t C 21 22 21 & 22
,', I'l'et Ii2ft 5.1 Kl 5.1)1
Haldttln 130 lilil'4 13(1 130W
do nief 112, .. 112(4
Urlll (12'4 la St .. (U
Cambria sttcl i,u;a i;ii;4 isihj iiu
Klcetrlu StoniRu 72 73 72i 73
General Asphalt 35 ,'15'i 111;, a.-,
do pre! 71 72',i 7L' 7211
Key lul 1.1), 1,1:, U'Ji 14
(' t c l.l l.li, 1:1 1. II
(In 1'ref 05 00 113(4 00
I.iko Sup Corp lll',S 10 lliv 10
Lull Nav 7I)t, 80 7llU o
l.ehlBh Valley 80 j j 8t Mi( 81
Loh Aid Tr 174 is 17 17H
do prcf 37 37V4 3il-)i .'17
I'cnnsylvanla U0V6 (iOU 111) (low
l'hlta Hlcctrlc 27 27U 27 27
l'hll.t Co II) 17 4(1 47
do 5 per cent. pr.... .'Ill 38 3(1 3
do It per cent. pf..,. 43 43' 4 43 l.'l4
I'hlla It T llili lo'i. Kl',1 loia
do t c l(l, lil(i KI'A 111 j
llcidlns 83U S'lSi, 8.lk M
Tonop.lli Heltnont 3W 3, 3' .1)4
Tonupnli .Mining S's ., 5(j nji,
Union Trnctlou 4.'lj, 43)4 439, 41
U U.(S Imp Ml 8((-. tCi'it, Ml
United States Stool.... 8S w.j, 87-hi S7',4
York Itwy 7(i 8 7, 8
do preC 30 32 30(4 32
W"m Cramp t 0 83'4 87 S3 87
NEW YORK CUKB
Hid. Asked.
Am Zinc K.tK 70
lllrnden lltt, 1214
JlrnAm T old 14 10
Hr-Am 1 now 14V, HI
Cm- LlKlit v;i 0
Clilli Cop 211(1 2(l'i
mold Cons 1 .,-10 lis
Blcn.lce 32 3.1
lnt Marino l'.Vi 15:K
do pief 50S, .-iii'a
Kenc't Cop Kl(, 5,'HJ
Lch Val Coal Sales 75 M)
Manma Cop 14 15
Mldvnlo ' 02 U2U,
Nlplsslnir 0 litS
utis i:iuv it d
do pre! 02 01
Itlker-llcKeman 5)4 0.
Hterl aunt 2(4 2
S'ibmnrlne 41 41',4
Tr l'roducts 31) JOU
Un I'ror now 2',4 2J,
World Film 4 4(i
Yukon Uolil 2(4 2(3
RAILllOAD EARNINGS
XOItTHEUN PACIFIC.
1015. Increase.
September gross, -i,,7(i,s.i(K) .u,:ii:i
N'et 3,050.012 57h,:i22
Surplus 1,120,801 .Vt.1,741
Threa months' gross 18,lin,:ifl2 4()7,5.'IS
Net 0,870.0(12 0S5,0(I2
Surplus 1,112,302 033,173
JERSEY CENTItAL.
September groat $2,0.10,380 $1,141
Net 1,317,42(1 21,717
Surplus (lH.OSI 14,238
Three months' grosa 8,700,31)1 102,077
Net , 3,5(1(1,778 142.43S
Surplus 1,400.051 lu;222
ATLANTIC COAST LINE.
September grota. $2,350,701 $173,230
Net : 441,053 340,302
Three months' gross...., 0,554,344 ist.loo
Net 708,105 235,021
Decrease.
I'lilladelplila, October 27, 1013.
To the Holders of
the $239,500 First Mortgage Sft Bonds o(
this Company maturing November 1st.
1015:
Arrangements have been made with
prexel & Co., of Philadelphia, to purchase,
at par, on and after Not ember 1st, 1015,
the bonds referred to above,
TIOGA RAILROAD COMPANY,
By DAVID IIOSMAN.
Secretary.
DIVIDENDS
THE GIKAltn NATIONAL HANK
Philadelphia, October 10, 1015.
The Directors have this day declared a
dividend of eight per cent. (8), free of tax,
payable November 1st, 1015, to stockholders
of record at the close of business October
22(1. Checks wilt be mailed,
CHARLES M. ASHTON.
Cashier.
FRAMKUK NATIONAL BANK
Philadelphia. October 25, 1015.
The Director have this day declared a
semiannual dividend ot Eight (8) per cent.,
free of tax, payable November 1, HUo, to
stockholders of record at the close of bul
ceu October 80. Checks will be mailed.
E. P. PASSMORB, Vice President & qashler.
DIUKCTOItY OF ACCOUNTANTS
Certified l'ubllo Accountants
LAWKE.N'Cli E. 1JKUWN dc CO.
1I1U HE A I. EBTATB TKUBT UUILUISa
BURNS & SPBAKMAN
gun sosiuaa
NEW YORK COFFEE MARKET
NEW YORK, Oct. 30. Tho market for coffeo
futures opened steady, with llttlo change In
prices Closing tlgures wero slightly below
yesterday's llmils.
Today's Today's Yesterday's
onenlmf. close. close.
.... (UOfitl.r.1
., ll.70no.TS .... U.r3(iil.TS
. . 0.701(0.80 fl.00fln.70 0.721(0.7."
0.O'yfl.7O (!.72(l.7.t
.. 0.7510.78 .... (1.72f0.73
.. (1.80(30.82 .... (I.77SI 11.78
.. 0.80 O.7OS0.80 O.S2(l.St
.... li.S7f(ll.8.S
.. 0.03 (UI2Si(l.li;l
(1.03(i?(I.0t 0,U7in.9S
.. 7,OOf!7.03 0.0&I&O.UU 7.02U7.O.1
850O bags.
November . .
lX'ceinber . .
January ....
February . . .
March
April
-M'
Juno
July
August ....
September .
Total sales,
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Jim Duller .
Miic.Vamara
Mldwny
ailzpah Ext .
Montana.
North Star ..
Ton Hel
Ton Kxt
Ton Merger .
Ton Mln .....
Rescue Eula
West Bid
GOLDFIELD STOCKS.
Atlanta
llluo Hull
l'ooth
Ilulldog
COD
Comb Frac ...
Dlamondf B 'B.
Daisy
Florenco ......
Goldt Cons ....
Ooldf Morg ...
Jumbo Ext ..
Kowaius
Oro
Unnfl Ken ....
Silver Pick
MISCEM-NEOUS.
Falrv Aztec
Klmberly . .
Nev Hill
Nev Wder .
Hid. Asked.
... .70 .78
... .03 .01
... .12 .14
... ,2!) .31)
. , . ,2.K .112
... .1.1 .13
... 3'-i :iy.
... m, sx
, . , ,08 ,00
... ,08 .70
CKS.
... .23 ,21
... ,00 .07
... .31 .37
... ,03 -M
... ,01 .v3
.,. ,0S .10
. . . .05 ,07
... ,01 ,0(1
... .45 .47
... 1U Mi
... .17 .10
... 114 ll
... .33 .as
. . . ,0(1 .07
... .10 .11
... .08 ,1Q
US.
. . . .01 ,01
... ,02 ,01
... .18 .20
...1.43 1.50
Price of Quicksilver Up
NEW YORK, Oct. 30. The price ot quick
silver has been advanced to $105 per Hast
from the previous price 01 arounu yu.
scarcity caused the advance and
becoming worried.
The
users are
TOO LATE TO CLASSIFY
KEAI. ESTATE FOB SENT
HEN'TAL IJSTS
MYERS & HARTH.
Itldee Aveaue and 10th Street.
Business Properties, Floors. Etc.
11
IT by GO. Elevator,
utfti itnre. store and business rooms,
uiu unerry, i(uur. 40 uy u. uicuiui,
OQO. Tlnrt. 4.8torv
142S Callowhlll. lloors. 6000 sq. ft. Elevators.
rv. llnni
o'li M llih at.. S.storv. 18 br SO.
10th and Ridge, second lloor.
1013-15 Ridge, store and lloors.
100 N. Front, upper lloors, 11 by 10.
1007 Spring Garden, store and upper floors.
STORES.
N. W. Bth & Race.$150m03 Vine $25
loot Race 001201 N. 0th 12.50
tOOi Kidge ave. ., 20 1015 Illdge ave..,,, IS
STORES AND DWELLINGS.
M02 Tioga ,,,.,.,,$751318 N. 10th... ..,,,$00
S-t'.l Nt utn ..,,,,, aa ait in. rranKiin,,, tu
723 N. 10th....... 30 024 Callowhlll ,,., 83
1533 Itldge ave 201802 Green ...,...,. SO
UH):(.i.ir,UH.
N.E. 20th& Ven'go.$100l2014 Tioga. 18r $50
1030 N. 12th, lEr,. 001 847 N. 0th. Or...,,. 85
1337 N. 12th, 13r,, BSI 152 N. 11th, 12r.,,. 30
i!88 N. Bth. llr.... 831 220 N. 10th, 12r.... 80
1017 Callowhlll, llr SO 53!) N. 10th. lOr. . . , 80
1323 N. Ilouvler, 12r 28ll0O0 Falrm't ave, 8r. 25
342 N. 15th, r.,.. 2512110 N. 20tb. Or 25
1240 N. 11th. 9r.... 221243a N. College, 10r, 25
lint Huttonwood. 7r 20
1223 Sartain, Or,.,. 10
837 N, JOtb. Or,,,. 16
isai vvooo; pr. ..... 10
1710 Olive. Or...... 15
010 N. Percy, Or.. 14
JJ237 Ludlow, Tr. . . 11
itm nilcp Or 14 1(140 Kidse.
2857 N. Watts, 5r. 1311859 E. Oxford. 6r,
221 S. Jessup, sr., 13,
020 Newcomb, ir.. 2j
1310 Melon, 8r 0
1031 Pearl, Or 20
018 Winter, 7r 20
1109 S. 16th. Or 18
022 N. 10th. 7r..., 18
180A Woodstock, 8r. 10
008 Wood. Or 11
1040 Ridge, 4r 13
ird. Or.. 14
2127 Stewart, 4r.... 12
u prowu, fir-.... u
Tho railroads of tho country Are nt last
comlnp; Into tlio equipment market with
a rush. Tho movement Is tho heaviest
In years, and should sot the wheels ot
Industry hummlnp; In all sections.
Following the news of the bis Penn
sylvania order for rails and locomotives
thnt company announced today that It
was In the market for; 6000 moro ears,
bringing Its total enr order up to 23,000.
This was followed by nn additional order
from tho Baltimore and Ohio for 1000
steel hopper cars placed with tho Cam
bria Steel Company, making 3000 In ajl
for tho 11. nnd O, Tho Heading today
also ordered 1000 additional steel under
fratno box cars from tho American Car
ntul Foundry Company, Other big orders
for cars nnd locomotives wero placed this
week by tho Now York Centrnt, Norfolk
nnd Western, Krle, Dclawaro nnd Lack
awanna nnd other Eastern lines, whllo
tho Atchison, Missouri, Kansas nnd Texas
nnd several more big Western lines placed
extensive orders for oMUlpmcnt,
It Is estimated that the railroad buying
for this month alone will approximate
$100,000,000, and It can readily bo seen
what this enormous homo expansion
means, aside from nny foreign orders,
for the Industrial sections of tho country.
Meantime tlio Incrcnso In freight earn
ings of railways operating cast of Chi
cago and Ht. Louis, under the stimulus
of shipments for export to European
countries, Is ono of tho most striking
features of current railway returns. East
ern roads In August, as shown by tho
monthly report of tho Interstate Com
merce Commission, just Issued, gained
$S3 per mile, or C.5 per cent., In freight
earnings over August, 19U, against $13
per mile, or 2.1 per cent., for Southern
roads, and a loss of $10 per mile, or 3.3
per rent., In freight earnings of Western
roads. Western roads, on tho other hnnd,
gained $13 per mile, or CO per cent., In
passenger earnings, duo to tho Pacllic
coast exposition travel, against losses for
tho Kast of $19, or 3.C per cent., nnd for
the South of $22, or 10.5 por cent. Tho In
crease In gross revenues, accompanied by
a decrease In oporntlng expenses, resulted
In tho largest net lncomo recorded for
August In tho history of American nn
ways, nnd reached a figure only Vx&JSftl
nnco. J1MR1R linn in n.i.. i..eeSl
tcmbcr earnings coming to hand hM
even greater expansion. a show'.f
mat ino stock market should r.n-Tl
mo rariaiy increasing earnings T of Tm
rnllroads Is not surprising. For L-
tlmo Investors have been buyln- 5!
hiui uuiu iocai snares, such as Pennxi
i
vnnla, Heading, Lehigh Valley n7tT
hldi NnvlffnilnM 1,..t tut. "?Y, Mi
spoculattvo demand began to appear "IflTJ
It was rumored that certain poof, ?
ccntly operating n the .. .S,Z.Xt'
had become Interested In som "li. J I
leading rails. ' ln ;j
In tho brief two hours the. Philadelphia I
market was open for buslneis today th. '!
volume of trading chiefly centred sL.nl 'll
United States Steel and Cambria s,? '
several largo blocks of the taluTchiSS '
lug hands. " .
Dcflnlto nnd ofllclal announcement th '
tho Uonnor option had been exercised m -;
half tho Pennsylvania holdings of ren? '
sylyanla Steel caused an lS'.potnt ArL
In tho common stock on realization th?
competitive bidding was now usew .
Mr. TJonticr himself said ho would hav
something to announco next week. but.nT -
statement Issued by tho Pennsylvania
Hatdwln Locomotive, on tho other hand ' '
advanced sharply. Buffalo and Susmiel '
hanna preferred declined moro than two
points. Klsewhero fluctuations were nr.
row. '
A feature of tho bond trading was th s
heavy demnnd tor Pennsylvania 4Us nii ' "
blocks wero taken and the quotation ad. '
vanced half a point. After $23,000 changed
hands at DSVi, $92,000 wero taken at nV ,
Altogether some $217,00) changed hand's"".
tho price going to 9SV4. ' ,
Tho record-breaking local October batiR "1
clearings detailed elsewhere on this pace 1
wore not surprising In view of the Anglo- 1
French loan nifd other big financial trans
actions that wero reflected by them. The
business of tho banks has been steadily
expanding week by week, and shows no
signs of diminution. ' ' M
i
PHILADELPHIA MARKETS
GRAIN AND FLOUU
WIII'AT Receipts, 143,031 bushels. De
mand wns rnlr, but with bearish outsldo ad
vices prices declined, lc. Quotations: Car lots.
In export cloviilor--N. 2 red. spot and Morn;
bcr? kl0M,1.12'V. No. 'A H"ii!hcrn red. $ t. s'i
'.il.lo'ii steamer No. 2 red, t.)sMifftl-.'a.
No. 3 red, $l.('7',i'(.i.')'."j: iricctcil A, $1.0.(0
1.07; rejected II, ?1.03!.j'al.OuVj.
COItN. IlorelptH. 22,000 bush. The market
wns nul-t but Heady under small supplies.
..: . .. .7- ..-- .. r..- i,.i few n 11a in inm-
Other real estate ads on pages 13
and 14,
V
7.UI.
OATS.-ltccelpts, 10.(110 bus. Tho market
was (iiilet and unchaiiBod, with fairly 1 teriil
otferlngs, most or which wero of unatln ctlo
Hlock. Quotations: No. a white, j.''"'"':
Htnndnrd white, 441430.; No. 3 white, ."ISM-c.;
No 4 white, 3"(30c.: B.implo oata, J.Ii.luo.,
purlOcd oats, graded, 42f(41c.
FLOUR. Receipts, 2055 bbls. and 2,0Oi.llO
lbs., in sacks-Tmdo was quiet, but mil limits
wero stendlly held. We quoto per 10U lbs., in
wood-Winter clear, $335.20: do,.,. "tn'KM'
$3.20t3.33; do., patent, $5.505.i.i; Kansas,
clear. Juto Hacks, $3.1035.30; do., atrulKht.
Juto sacks, $5.333.HO! do.. Patent, luto sacks,
,1.ll04in.S3i snrlnc. .nrst clear, $4.00V5.10; do.,
EtralKht. i5.1im5.3.i; do., patent, .i..loW.J4I.
do. tavorlto brands, ftelvn .10: city ml.,
choice nnd fancy patent, 5.38H.10; clty n Ills,
regular fradcs-Wlnter. clear. $5. 1 o. .30 : do.,
stralBht, $3.0fl.i.50i do., patent, $o.00B.).5.
IlYH FLOUR wns quiet but steady. We quoto
at $31f5.25 per bbl os to quality.
PROVISIONS
Tho market ruled firm, but there wns little
trading. Following nro tho quotations! Uty
beef. In sets, smoked and olr-drlud, 2IQS3C .
Western beef, in sets, smoked. 24u25e.i city
beer, knuckles nnd tenders. Hniokcd and alr
drled. 2027e.; Western beef, knuckles and
lenders. Bmokcd, 20il27c.i beef hams, $28030,
pork, ramlly. $22.D0S23; hams, S. f. cured,
loose. USlllic: do., skinned, loose, 12B12'c.:
do., do., smoked, lSViBl.'lc; other hams,
smoked, city cured, as to brand and averaKO,
loyjjjliic: hams, smoked. Western cured.
i.-i(5raioc. : do., boiled, boneless. 22c; picnic
bhouldcrs, S. 1. cured, loose, 12c: do.. smoKod,
lie; bellies. In plcklo, according to avcraso
loose, 13'jtfl4c; breakfast bacon, as to brand
and average, city cured, 17018c: breakfast
bacon, Western cured, 17818c.i lard. Western,
rollr.ed. tierces, ll'tc; do., do., tubs, ll'.ic:
lard, puro city, kettlo rendered, in tierces,
HHc: lard, pure city, kettlo rendered. In tubs,
llc.
REFINED SUGARS
Trade was quiet, but tho market ruled firm
and Franklin advanced their list lo points,
making list prices ot nil rellner now on a
basis of 3.35c. for extra One granulated. We
quoto: Kxtr.t flno Rranulntcd, 5.33c; standard
granulated, 5.40c; powdered, 5.15c; confec
tioners' A, 5.25c; sort grades 4.50ft5.10c.
DAIRY PRODUCTS
Iresh-kllled spring turkeys, line, 23c: do. ,
nvrrngo receipts, 20fi23c; ' fowls, ' 12 to bus
dry-picked nnd dry-parked, fnnry teic-tia' -loe.
j weighing 4i5fJ5 lbs. apiece, IsSSi i
weighing l',f,4 IJ.. apiece, 17'.c, wclgniM
3 lbs. npluce, 17c; weighing under ;t 'iff n
nidee', l.ifilUc; fowls, Ice-prickcd-WesUm i
4'i lbs. nnd over apiece, ISc. do., snullfr
sizes. !4f17c: old roosters, dry-picked, 13; I
chickens Jersey fancy luoilers, 245T20C: other'' I
nearby fancy broilers, 22R21C; Western broil- ki
ers. weighing ti3 lb,, apiece, lDJl'JOe ''
linrthern Illinois. fancy yellow chlckea.!' 1
weighing 4 lbs. nnd over, lSWllie.: northern
Illinois fancy, weighing 2',45j3"j lbs., 16c,;
other W estern, welghliig 4 lbs. and over, W.iAi
lie; do., do., weighing SWfM lbs., 1.1c; in-
"'"" V n ' I K uii--nn, ni'uni), iiirioc: do..
iyti i.!,-, , n-iu.mw, per uozen hlli. .
lliit. tnt rlnn f 1 tiufn Us
.- .. ""- 'j T ..u4U.4H,
Western,
upIrIiIiiic
11 to 1
1
-Tho usual Saturday quietude pre-
out values were well
HITTTEn.
vnllnd In this market.
sustained on fancy stock, offerings of which
wero IljhU Quotations: Western, solid-packed
creamery, fancy .specials, .'Itc. ; extras, 20c;
extra llrsts, 2Sc. ; firsts, 2(P,fi27c. ; seconds,
25fi2Cc; nearby prints, fancy. 32c: do., aver
ago extras, 30031c: do., llrsts, 27fl2t)c; do.,
seconds, 23J20c; Jobbing sales of fancy prints,
3G&30C
EGGS. Fine newlald exgs wero well cleaned
up at full flguris, but mi'cli of tho supply was
of uuattractlvo stock, which was dull nnd
weak. Wo quote .as follows: Freo cases, near
by extras, .ISc per dozen; llrsts, $10.50 per
standard caso; nearby current receipts, $0.00
per case: Western extra firsts, $10.50 per case;
hrsts, $'J.OO per caso; refrigerator eggs, fancy.
20c per dozen; do., firsts, 2i'Mf23'jc; do.,
seconds, 2324c; do.. Inferior, 10i22c. ; fancy
selected candled eggs were Jobbing at 40yi2c.
per dozen.
CHEHSE. The market ruled firm under
light offerings nnd a fair demand. Quotations:
New York, full cream, fancy, new. Ilk:.: "sne.
tlals" higher; do., do., fair to good, new, 15 if
15Vic; do., part skims, Ot(12c
POULTRY
LIVE. Trado was slow and prices favored
buyers under fairly liberal offerings, a large
proportion of which was of unattractive stock.
Quotations: Fowls, na to size and quality,
144710c; roosters. 11912c.; spring chickens, ac
cording to quality, lltjlUc.: ducks, as to bIzo
and quality. 13?il0c. ; large sizes preferred;
pigeons, old. per pair, lSS20c.i do., young,
per pair, 17011-c,
DRESSED. Tho market was quiet, with
ample offerings nt former rates, Wa quote:
wmte, weigning in 10 lbs. per dozen. l.(t
l.io; wnitc. weighing lbs. per dozen, I2.7J
C'1.15; white, weighing 7 lbs. per dozen, I2.2S
((2.(15; white, weighing 'ilniVj lbs. per dozen,
tlJTMO1 ' ' l"'0i,-'; s,"nl1 "na No-
FRESH FRUITS .
Tlio general mnrkot ruled steady under mod- , ,
erato orferints and a fair demnnd. Quotations:
Apples, per bbl., Crab, $3fP 5; Jonathan, fahCy, (
VI.5t'f4.riOi do., tnlr to good, $2.D0I3: Mela- ,,
tosh, $3'(fl,25; (Jrlmes1 Colden, $2,50!i3.W: "
Hmokehouse. $2.5iifi3.50: Oiavcnsteln. J2.r,CI9'
3.50': Wealthy, $2.50?3.50; Wlnesap, $2.ra . ,0
3 25; Twenty-ounce, $2.50K3; Northwestern 1
ureening, f-.i,uii.i; inusii, ?L".50B3: woir niv- 'i
er, $2.503; Alexander, $2.50iii3; Summer Ham-
ho, $2.503; Pippin, $2.50fi3; Duchess, $29' ,v
2.50: Ula.'k Twig, $2,501(3: York Imperial. .,4
fancy; $2(3; Hen Davis, fancy. $203; other.
vnrletle.H ?1.50ifi2.5O. Apples, in bulk, per' 10ff'
lbs., T.'r.fijl.l'll. Crab Apples, per bush., 75CJ, ii
$1. Quinces, per bbl., No. 1 $4ST5; do. No.
2 $2f3. Peaches, Now York, Elbertn, per "'
basket double, extras 40ff50c; do.j ralr to,
good. 23'K'IOc: do., Ohio, per bush, basket,
fancy, 75c.0$I; do., do., fair to good, 40r,l30.'
l'eais, per bbl., Bcckcl, $112; do., Sheldon. u
$4fi5; do., Iteurre d'Anjou, $304, do., Hart- '
lett. No. 1, $3,501(4; do., do.. No. 2i $2Si2.B0. i
Orapea, New Yorit. per 4-lb. basket, Dev . ,
ware. 10f(12c; do., Niagara, 1nl2c ; do., Con
cord, 05J10-. : do., do,, per 20-lb. basket, N!-tn
agara, 45fi5Uc; do., do.. Concord, Mffloc,
Lemons, per box, $2j3, l'lneapnles, per crate, '
Porto Rico. $2(iT3.r,0. Cranberries, Cape Cod. ,
per bb.. $5S0; do., do., per crate, $1.73'g2;
do., Jersey, per crate. $1.502. Plums, New
York, per 20-lb, basket, 23Q40c.; do., do., per, .
S-Ib basket, Ilrndshaw and Niagara, 15620c; ,f
do., do , Relno Claude, 155120c Cantaloupes, Ht
Colorado, per tlat crate, 50tfl75c; do., da.. ,
per ctandatd crate, $1(1(1.50.
VEGETABLES
Trado was fair and rrlccs generally ruled' )
steady. Quotations: White potatoes, i'ennsylf.
vunta, per bush. Choice, 7378e. ; fair to .
good, Kib'Oc; white potatoes, Jersey, per
basket No. 1 Il03e, 4355c; No. 1 othtr- ii
varieties, 40(ffl3c: No. 2, 20825c. 1 sweet , ,
Dotutoes. Jersey, per basket Nn. 1, 302x350 .--
No. 2. 15(T(20c.; onions, per 100-Ib. bag, $I,SjW' ' ,j
2; cabbage, domestic, per toa, $78S; celery, ' II
Now York, per bunch. l.Vff.lOe.: lettuce, New, ,w
York, per 2-dozen crate, Jiwi.ia; ao., ao., ucr ,, u
3-dozen crate, $1,2.101. 75; mushrooms, per 4- J
l, l.nelrp 1 ff7 ' "' I
t
i n
1
COTTON
NEW YOIUC,
was In evidenco
cotton market this mornlnir, The tone
at tho start was barely steady, vlth
nrlces 0 to 8 nolnts lower. This was con
. . - .. ., . 4- (..l&.v- I
siuereu moro inun satisiuciuiy ki vt v .. 1
or me lower caDics irum uiyciiiuw au a
tho weather In tho South. Wall street, ,,
nouses wero me jiriiitipui uujcia. fl'i j
was some sclllne for Liverpool account. ,;
Yes, closo. open. limn. low. taosa. j
Oct. 30. Good support "' i
at tho opening of the)';' i
vlth' '' SI
:on- j
January
December
March . .
May
July ....
Spot ....
.12.23 12.20 12.24 12.14
.12.11 11.75 12,10 11.00
.12.43 12.38 12.45 12.34
.12.51) 12.52 12.5S 12.4S
.12.1tl 12.5S 12.fi! 12.55
.12.30 12.30
18.23
12.08
U.llirt
I?.'" J
V--w
12.30''
COTTON STATISTICS
4
Tho statistical position of cotton Is as fol.'"
Th(o vr T.:,of wl, T.n( VPflr. .- '
4,001,010 4.!10,470 3,TS,270, :l
Iowa:
Visible supply...
Of which Amer
lean
Total In sight 0.
tober 20
3,801,010 3,703,470 2,C25,270t
3,037,S30 3.109,431 2,S03,0S1
The Case of Edith Cavell
By JAMES M . BECK
A presentation of the available facts by the
former Assistant Attorney General of the
United States. The author's "In the Su
preme Court of Civilization The Dual Alli
ance vs. The Triple Entente" was widely
read. Reprinted in the languages of nearly
all civilized nations, it has helped mold
world-wide opinion. "The Case of Edith
Cavell'' is Beck's direct reply to Dr, Zim
mermann, German Under-Secretary for For
eign Affairs, and defines the humanitarian,
judicial and international aspects of the case,
with a clean-cut legal analysis of the execu
tion of Miss Cavell. Whatever be your
sympathies you'll find new light in this grip-
ping article in
j PUBLICLEDGER
,i