wfa
.&.
EVENING LEMEtt-PHILADELPHiX MONDAY, SEPTEMBER ll, 116
FINANCIAL NEWS
JTEEL COMMON BECOMES MOST ACTIVE
U IN LATE TRADING AND HITS NEW TOP
Elinor Steel Industrials Are in Vigorous Demand at Same
S, Time-jBoard Room Shorts CoverWall Street
' Watches Maine Election
High Points in Today's Financial News
New York stock market strong and active. New high record price for
Steel common and Marine preferred. Wheat prices stronger and cotton lower.
Good demand for French exchange in foreign exchange market. Hates for
money unelianged. Philadelphia bank statement showed decrease in loans
end individual deposits and an increase in surplus. Stockholders of Mer
cantile Marine hold special meeting September 29 to act on several things.
Two million five hundred thousand in gold arrives in Sew York from Canada.
Price of bar silver lower in New York and London. August shipments of
anthracite coal larger.
NKW YOIUC, Sept. 11.
i After belnr allowed to take caic of Itself for a Rood pail of the day, the
'ttock market developed renewed strength with concentrated biding Ute In tho
tny, again making United States Steel common tho mcut prominent fcntuie. That
tock, after gelling at 1029 In the early trading, roso to tlio new high record of
104?. At the same time the minor Btecl Industrials were In vigorous demand,
with Kepubltc Steel, Prensed Steel Car and Colorado IHicl the most active of
thin group, making gains ranging from 1 to more than 3 points.
Part of tho buying of United Statei Hteel common on the late advance rep
resented covering of board room shorts, put out In the first halt of the day,
i when the market was Influenced by a discussion of results In tho Maine election.
! which, according to tho traders, should uxert nn Important Influence on the fu.
ture outlook of the market. At one time nn affer to wager $10,000 ex-en on Wihon
was made and this caused discussion of the political situation, but when news
of the offer was carried to the street there was a quick seeking for the principal,
and a bid of $1000 was orfercd by one Hughes bettor If such n wager could bo
rranged.
Then $10,000 on Hughes to $8000 on Wilson were offered without rinding
anything In the way of a response, and the effect of tho even olTer quickly passed
away.
Other stocks besides United States Steel common made new high lerords,
Marine preforred advancing to 125ft, and an advance In International Paper to
JD9i placed that stock at, the highest price touched since tho "flower boom."
Reading's action confused some people In tho early finding. Thorn were no
buying orders In tho Heading crowd when the market opened, and a few com
mission houses had moderate selling orders, tho execution of which carried the
price down from 109 i to 109. Then a fen tho traders became hurried buyera
nd there was a quick rally to 110ft.
After this movement trading In the stock became of a more Important char
acter and there was evidence of a resumption of accumulation, which was tho
feature of the trading during the last week.
Among tho wide-priced movements were advances of moio than five points
In Industrial Alcohol, 12 points In Bethlehem, carrying that stock up to above
COO, and 15 points In General Motors. Weakness was shown In some of tho tall
road stocks early In the day, when St. Paul was under most pressure, but theso
Issues also Improved in the late tnfdlng and at the end tho entire market was
active and strong, with this buying in progress at the close.
Marine Stockholders to Meet Sept. 29 for Reorganization
NEW YORK; Sept. 11. A special meeting of the stockholders of the Interna
tional Mercantile Marine Company will be held on September 29, at noon, for tho
purpose of taking action on an amendment to tho certificate of Incorporation to
Increase the number of directors from fourteen to sixteen nnd classify them Into
three classes, to elect a board of sixteen members, to consider tho plan of reorgan
ization and readjustment of the indebtedness of tho company and the restoration
of the company to Its stockholders, to consider tho proposed Indenture of mort
gage provided for In the reorganization plan of October 1, 191C, and the proposed
note Indenture provided for by that plan and to transact such other business us
may come before the meeting.
$2,500,000 in Gold Arrives Prom Canada
NEW YORK, Bept. 11. There has been deposited In the Assay Office $2,600,000
gold brought in from Canada for account of J. P. Morgan & Co., making a total
of $272,08,000 Imported on the present moxement.
.WHEAT CLOSES FIRM
AFTER NERVOUS DAY
Last Prices Are Above Satur
day's Close Covering Causes
Early Advances
CHAIN HELT WEATHER CONDITION!
C1IICAOO. Sept. 11. The weather fore
ca.t for SO noura fallow t
Ullnola Partlr cloudjr, noealblr alKMrra
tomorrow, cooler norlhwr.t tonlsht.
Mleeourr Unsettled toalaht und tomor
row, posoiblo ebawere, rooler aouthweat to
morrow. A leeoniln rartlr eloudr tonliht and
tomorrow, cooler ftonthwett tonight,
Mlnaeoeta and Ttorth Dakota Fair to
night and tomorrow, not much change In
temperature. .....
Iowa l'artlr doudj tonight and tomor
row, poealble thunder ahowera aolitheaat.
cooler cat Konigni, warmer urn tomorrow.
Boutn Dakota rsir tonigi
irrmo went.
Nebraska fair and warmer.
lianaaa unaetu
aoatheaat.
warmer ex-
probablr ahonrra
CHICAQO, Sept. 11. Nervousness and
Irregularity were n evidence in the wheat
market today. Prices, however, nnlnshed
firm and abo' . Saturday's closo.
Kxport sales were estimated at about
1,000,000 bushels.
For a time bears had the upper band.
Following a rally In the early dealings on
covering by short, the market weakened
because of Increased offerings for long and
short account.
The strong supply and demand situation,
however. Anally made Itself felt.
There was a decrease of 690,000 bushels
ftytthe visible stock In tho United States
for the week to 53,970,000 bushels
Influenced by better weather In the
United Kingdom and France, and heavier
shipments to the United Kingdom for the
week, the market at Liverpool was Inclined
to go lower.
The possibility of Russian supplies getting
Into Europe Is conceded to be remote, Both
millers and exporters continue equal com
petitory In the cash market.
The weather In the Northwest was fa
vorable for threshing, and reports from
Canada showed Improtement.
uaalnjr rutures ranged at tollowai
vpon, nign. jow.
Dhd.
wneai
Kent... l.BSK l.M
Dm.... l.&liS 1B
Mar.. . , 1.B4K l.AS
win mew neuter
?!
u.
Ss
n
J. .
papt...
iee....
War, .
data
Kept. . 4J
Oct.... 48
Mar... 81'
lrd
Sept.. 14 13
Oct.. . 14.SEU
IlH.. IS. SO
Rlbe
Kept,,. 14.35
Oct,,,, 14.0(1
Jan.... yz.1t
i"ork
tt... 3T.B0
fi: ISIS
' BU. tAakad.
ite
7B!i
4
..8
ti.it
14.VO
11.62
14 S3
14 00
11.T6
2T.O0
xi. at
27. t0
1 SOU
1.B3
I.oSK
7JS
4S
14 00
lt.OU
is.oo
14.3.1
II DO
12.75
27.83
27.01
27.00
C'loae,
1 M
rloae.
Saturday's
1.33
fl.MH tl.o3tt
U.Sat M.01V.
.721
7tl
tin
t4H
01'..'
I
sift
lj.13 114 30
TI4 13 I4.
Tia.au
INosalaat.
I4.S3
14.00
112.07
J37.S2
S r,o
ss.uo
27
1S.00
14.40
14 in
13.80
27 90
20 SO
724.50
I
Financial Briefs .J
The Twin City JlapM Transit Company
rerU arret aaralngi during August of
1 19,7 1. an Increase of lal.Olt as compared
yiUh Aufuai ot UM yar. The gross for
alM meottw e4f4i August 1 totaled
$.Ml.,il, a fain f $,:..
Tfcei PHttWs4 Mbo MlnlBg Company
Ium itUtiti an extra dividend ef one and
yiarter u. aJiare In addttlon to th
rtmmr iarU4y- dividend of three cents a
aenr. iuya44 Oetelr 2 to beMers of rec
l.
JL 1C Wal reports the eijiort en Satur.
otor 1.MN In gold from San Fran.
IM fr aW,
r, Jr. Um wk 44 BpteTObr f ttm At.
NrM. TTjpnl . Ml HabU Vp JUHwy Um.
is.lt sarr-i
cmw. aMt tl.MI
yav ao 4M M.; two ywf so.
UJIMLYXK
ttatejr
tarattW
ih--
New York Bond Sales
U1K
..111.
:K5
. n-'S
. 2Vi
.1S
. vo
.HiojJ
)'f
UU'i
7xw.
10JS
VSU
UN
11"
:
B
KpoS
no
U4U
"4
103J4
12.1;
-'It
llll
KM
SO
11135;
n
do cv 4Ha ltiu) 11111V
do gen 4Mi 101 1111
31 It I A 1 rfd 4.. 71H 71"
110000 Amer Ar cv 5a .103
'oral Amer Arr deb r,a ... DHll
fioooj) Anslo-Krench r,a ..... lr.K
24000 Am-For Ho f.a .....m2
1000 Amer flm.lt Rai- Hm nil
..,,,, iiicr iti cii tm .
loon Amer Tel ct 4V4a,.,
12000 Amer Writ Vaper B
14000 Armour Co 4tta . .,
SStioo Atchlnon sen 4 ..
fflN Obto SHs..:,
l.'Ooo dofia ..... . ..
40OO ilo 4a ,, .;
7000 docv4H
'?!'.!! JJrknKn r r.a miH
Jtioo Can Oov f.a l3l..,.,
7000 do 120 ..,'....,
loooo C U c sen ('. ..
.loon fnl n.. .n t?iu. Itl
!?.".". c.tn.1. leather lt Ba,.103U
Jinhi (-hill Copper 7a 12.11
-.". u, r.ai in la.... an
loon Chl ot Went 4a in
1.1000 Chl II A Q Joint 4 UH
200(1 G M A Kt i" 3V4a .... o
KOOII tif. nnnv R- 4,..l
IIIIOO
100(1 Chl
;" ' S."' "W "f "7
...rw i,o, inauairiai na .,
II KM) Col A Houth 4H"-.
lOoo Corn Prod na iMt.
SOiMi Con Oaa ronv (la .,
2O0O Dlj See (U)rp B ...
BfliM) Du Tont l'od 4V4a "
looo Krio Ken 4a. .....;
200(1 Krlo l' col 4a...:..
2000 l:rla nrlnp 4 . " .
1000 Qranlir (la
2500 Hud A Man rfd Aa ... 7oU 70J4
ituriu atr -4 711 ..... IJ',1 , a
BHOoo Inter Mer M cv -, ion loo
5.1000 do w 1 (la , 8TU 7i
Jiioii Inter Nav Ba losS Ion.
IBOoii Japan new a H 4H.. 81 HI
5(1(1(1 do new 4H HVi HA
BO(ll) I.acka Steel Ba 11)23.. llS I'll.
.1000 do Ba 1DB0 II4K HtI
1WHI l.k Sh deb 4a lll.'S.. u.1 .-,
7000 Lis- A M T Ba "103 jo..
110(10 lAiule A Naeh 4 H.lU 111
200(1 Manhattan Hta 4 no no
,l"M jion J'OWIT fa
20(Mi N Y Air llrake cvt ila
-l.i",,, 4 l i 1IUU 41 llU
11IKMI do SUa .,. (,. S1U
h(l(l do 4Ha ........... UJlJ list?
linon N Y City 4a luJd re..I(iH Kk,
1 HHI An 4. lll.1T . Iii.ilj tiuii
Bono do 4Wa lliiio o.l2 inn
23COO do 4Ua luusi
2(1(1(1 do 4Ua May
n.i.i, ... , .. ...... a. . ' .7
'v.,, .. . nn Ituj ( ... . l07. .Id-.
"(KM) n r Tel sen 4Vi 1174 BTti
774
. MVS
. llll
.122Ti
. 7B
.mm
IIT
mi
122'i
75
iom
72S
hll
H3!i
104V4.l0tW.101
Clo.e.
108 ,
110 ,
"-
lno'i
HI)
Jfii'Jt
IO
Vi)
H41
uu
102J4
211
ll'l
ON
SO
10.1
JJS
St
77H
iki
122
7B
iom
72S
Kll
Kilt
77ii
lnw
9V&
1IIHS
Ml
S74
llS
115
102
ll.'l
till
.117. U7i 117;
::!i'28 !!'? IS
...W USJ DJ'i
r..KMiS loo?, liios
. .jo'.iS io unit.
ioavi nn), ios1
in IW lint. lniU
UK'' iouvi KlliH
103T..KHIS lotiu Hi'l'i
ft5 .1(11 Bit
I)7
mOOII PJn. I'., hrln. Am ft, Li ..,Lr
looo do (ten 3a ... . ... (iii? ?. !ii
1000 Oro Hhort 1. lat li...li74 107V4 lirfi?
lmn Faclaa Tel B. loit! iiijfl ifl 3
Soon 1'cnna rn 4'4a. ,,,,,HilJ inJC jiija.
200(1 Peo A Kaat In 4a .... 33 3J 33
,V!S! V.""!? " 5" 10J! ""! mi
A 11.1 Sm ii-vi
. ..t :. . ."T
l'P4 HN'i
ill
-""' llCaUIIlI Biril lalaaaaaa IF '
1(1000 lien Ir A 14 Ba IIM'I
BOIMI rtt I, I M A H Olf 4a,, 74
limoo Ht 1, A H K ala w I, M'i
aooo do rfd ct 4a 80K
.2UIMI du aer A W I....... lls-i
12000 do aer li w I N4
looo Ran AAArun I lat 4a. ml
sooo Heahoard A U dj Ba , II4V.
1000 Houth I'ao 4a ,,.,,... H4
70(H) Houtti I'ao tv 4a , So.
looo do rfd 4a ... ' kt)C
B00O South I'ao Terra Ba., 3Vi
5oo Bouth llwy sen 4a.,! 70
sooo do con Ba looC
4000 Texaa Co cr da ,,.,10
1000 Third Ava rtf 4.,!,; 8ti
4000 Toklo B. ...... ..'.'. t8V4
2000 Toll'eo Vf im . .. 6Jt4
10000 U H H A It ea..,,',11IU
1000 II H Itealty Ba.,.,,!. to
looo t H ftubbr '!";. JW't
B2000 U H Steal a f Ba, ,.10.1
USoJiO U K of O II A I 6a .
1J" Union ilea A i Ota Ba. 7li
B100 Union I'au lat 4a 07'J
noon do rfd 4 ui
000 ttn Bri V 4s.,,,.?, S3
limxt Va Itwr Ba ..... fcStt
000 Wab-l' T lat ct t p li. ai?
4000 West Ualon 4Us .": 8(1
NEW YORK COFFEE MARKET
NEW TORK. Sept It. The market
for coffee futures opened at a decline of V
to it points. Trading on the call was
acme, with sales amounting to 15,750 bat.
V
! mil
")
Ttvlaiv'st
. . OpfHllnjr.
seetMRbcr ttiiM) ,
m JliS ? ntf
Dcoembw ,.w.,. .Mtt4i
JfBwry ..,.... ..,.. M
itiTc rf-tf, ........ ,. 40
y titftMMiMMi, VtTw.M
tf? fj
Bat
urdav'a
priai:"
!ii
al U'fV aaaaaaaaaaaaaaaa V
wj ...
w mm
Ml 8 48
H. 408 47
H4U8 BO
ft.oi
at.
3:K
New Neva Seotia Car Companjr
MOHTWSAU S4HH. lie A WW Hfiy
baa ta l4ad with a caiHal ef i,M
t wer tke defunct Nova aw or
PwNtj wJ were rawmlly sM at ateetow
fit liHH, 1 torheiM of Mm M
W"Wfj W aVfaW
kave bM
N
New
York Stock Sales
I.ait tlirte. ltlah. tew. Cloae.
Al, Gold M 13), 14 1SW 13
AlartsJHoMM 7M 7H 7H 7K
AllU-Chslmtrs Mff 24 2l 23'f 24t
AllU-Chil Mfr tf 70M 7BW 70't- 70
Am As ChetnlMl 70J 80K 7UJC tOW
AmAiChtmpf ,I01M 101H 10 Ui lOUi
Am Poet Fuir 01 B1U 00 00'
AmCaa fnJ n4)( 03M KM
AmCarAFdy 03H ma C2,', 0.1'i
Am Col 1'ro.loctJ .....151', IM 151 1S1
Am Cotton on ...64 61 64 M
Am Hide & Leather 10 11K 10H 11J4
Amlllde&Lpf M f.9 67 61)
Am Ico SeeutltlM 30 30W 29) 3J
Ata Linseed 22! S3H 2i5 23
Am Ltnjeed pf 60 HH 61 61
Am Locomollre 78) 79 78) 7H'
Am Locomotlre pf IMM 101 10(1 100
Am Rmclt ft Itcf, in. ia.?s lniir 105
Am Smelt ft It pf 113!, 113'f lUH 113f
Am nmeu pi , U7 jxt 05)( Ofl
Am Steel Koundrloi 6A 671 67 67S
Am Siuat Keflnlnf 109 109', 10H imi
Am Tel Tel 13.1 ixiii 133 jm
Am TohArro 22.) 222'i 221 221
Am Tot) pf new 10SH 109 101 109
Am Woolen 4GJ, 405, 47 49)
Am Writing V tf Ml 35?, 31 31
Am Zinc I, A Sra 40 41 40 401
AmZL&Spf 78 VOJj 78J 7HJ
Anaconda Cop M RSW SO'f hV( SS'
AtchTopftHF 103), 103)( 103)( 103!
Atch Top ft S K pf V) 99 09 1)9
All (Julf ft W I HIM H4 8U4 84J
Atl 0 & w I pf nciu nni nm now
1101a t.oco kt .8.1
DaM Loco Wki pf 100
halt & Ohio 801,
llothlehem. Btecl 490
Drown Shoe orU
IlroanShoopf If)
Dutta ft Superior 70
Cal Petroleum 2lj
Cat retroleum f 4S!I
Canadian 1'arlflc 177
Central It!ier fiolf
Cent of H A Tel 130
Chandler Motor 110K
Chicago (Ireat Went ... 121
Chl Croat West pf 33
Chl Mil ft ht Paul 1J2JS
Chl Northctcrn..,.12I
Chl It I ft 1'ac I)H
8IH 82!i H3
lOOU 100U 100'f
MJi 85U 8J!i
60.1 491 600
07 07 07
09 09 09
70f 70 70
SIH 207f 21).
40 4S 48
177 170'f 170
027, ROM 02J
140H 110). HUH
109 109 109
12J(
35
01)(
121
Kl'f
20
fij'i
70
61
07
12)1
36U
0.4
121
17
20' f
6ft'X
70
62H
07
12!f
36),
02
121
17
20K
60
70
.VJ)J
07
Chile Copper 20tf
Chlno Corner 6(1
Cluctt l'ca ft Co 71
Col Fuel ft Iron 60x
Continental Can 0(1
Con (1 K I. ft V Ilal....ll()M 111M U1H 111M
Corn Products Itof ll 15 14'f 14X
Corn Prod ltcf pf W)H 01 OOW 01
Crucllilo 8teol 84M WiH 81! 1M
Cuba Cane Sugar 67M 08) ( 67)4 67M
Cuba Cane hugar pf 05), 05M 05)4 03)4
Den ft Itlo Or pf 35 35!' 3U4 35M
Detroit IC'JIson 140 140 140 140
Distill S( Corp'n 45! 47 40J 45U
Domo Mlnrs 25 21! 2t!i 24)4
Drlggs-Soaliury 80 87J4 80 87J4
Krlc 37H 37)4 30',' 37)1
Krie 1st pf 62M 62)4 52!f 62)4
Erlo2dpf 43J4 -11 44 41
FcdMln&hm 17J4 18U li'f 18)4
Fed Mln ft Sm pf .TJ)a 42JJ 39Ji 42
Oenoral Klcclrlc 171)4 172 171 172
(lenora! Motors 571 685 585 585
ficnoral Motors pf 120H 12Q)J 1.205$ 120M
Goodrich 11 K 72)4 7234 72 72
Orcat Northern pf 110H )10T4 110)4 110H
43)4 42), 42)4
61)4 60U 60U
82 81)4 82
80K 89 S9J
10034 100J4 100H
03) ( 02! 4 02! j
13 1.1 13
4 1 43'X 44
78 78 78
117 116)f 117
17M 17)4 17M
72)
28
aaa
44
4S
72M
20,'i
01
41)4
40)4
72H
28H
00
44X
40
O N cf 1 for ore prop.... 42)4
Hrrene-Cananra C0J4
Oulf SlatM Slccl 8IJ4
Oulf States 8 2J pf 88)S
Illinois Cent, 101
Insp Con Cop 0274
Int Agricultural 11)4
Int Agricultural pf 42),
Int Ilarr Corp'n 78
Int Ilarr N J HG!i
Int Con Cop t t c sh. . . 17
Int Con Corp'n pf "4
Int Paper 27)4
Int Paper pf 85)4
Int Nickel v t cts 43H
IntM M cof dp 48! f
IntM M pf cof dp 122K 125M 122)t' 123)1
Jewel Tea OOH 00 00 00
Kan City Southern 24X 2374 23M 23)4
Kelly Spnng Tiro 83H 83)4 83)4 83M
Kennccott Copper S3J 54 63) 63)f
Kings Co E I, ft V 127H 127.'i 127U 127)f
Lack Steel Co 81'i" 83)4 81)i 83)4
Ise Hubbcr Tire 48 47'X 47)4 47J4
LtJilgh Valloy 70!f 79 70 70
Looso W Ills 1st pf 82 81)4" fll)t 81)f
Iirlllard P Co 239 235 235 235
Maxwell Motors 85 83 81)4 SUf
Max Motors lit pf 80H 83,'t 83U 83H
Max Motors 2d pr 50 64 62)4 62K
Mexican Petroleum -lll!f 112Jf 110H 110k
Miami Copper 37)4 37K 37 37
Minn Ht P ft 8 B M.... 121)4 121H 121)1 121M
3J
1 3!f
22!i
4
79
2fl)4
05)f
Missouri Pacific
Mo Pac tr cts
Mo IMc w I ,
Mo Kan ft Teias.,
Nat Cloak ft Suit..
Nat Knam & 8 Co.
Nat Lead Co
Ner Con Cop 22)4
new York Air urako
New York Central...
N YN II ft II
N Y O ft West
Norfolk & Western. ..
Northern Pacific
Pacific Mall
Pacific Tel ft Tel...,
Penn Railroad.-.
Philadelphia Co
Pitts Coal CoN J...
Pitts O G ft St Im
pressed 8 Car Co...,
Pub 8 Corp'n N J...
Pullman Co
Qulcksllror ,
Hy Steel Sp Co
Kay Con Copper....
Heading 111H
Reading lit pf 41
Republic Iron ft H 01(4
Republic Iron ft S pf,...113H 114
Shat Aril Cop 30) 30)4
MOU-MH'I H & I , dii
Southern Pacific 03
Southern Ry 23)f
bouthcrn Ry pr OS
Mudebaner Co 121
lenu Copper 27),
Texas CO 200
Third Atcnue C2H
Tobacco Products 62
Union Hag ft Paper.... OH
Union Rag&Ppf 60H
United Cigar Stores 102K 102
unueo rmit I05!f 100
4
4W
22)f
4)4
82
27
00)4
22)4
130)4 138H 137
.104J4 104f lODf 104)5
. 60H 68)4 67H 67!f
. 205' 20)4 20 20H
.120)f 129)4 1295 j 120)4
.1U9U 110 109 110
27J4 27J
31
60
39)4
27)
f50)4
685.
131
105
3
CO
25!i
111)4 109
. 35
. C5!f
. 30H
. 28H
. 80
. 68M
.1.11
.105
. 3
. 49
25K
43
01)(
67)i
08)
21
07
125
27)1
200), 200
oi)4 nut
62 49)i
10!f 054
68 67)i
102
M414 IA4K
Union Pacific 130)4 140), 138)4 140
Union Pacific pf 80 80)4. 80)j 80)j
USOIPAF 22)i 21H 23 23
USInd Alcohol 114H 118 114)j 117
UBRubiicr 685f 685j ft8) 68)f
U 8 Bin R ft M 74)4 78 78 77'f
U H Sleel Corp'n 103)4 104JJ 102)4 104)4
U S Sleel Corp'n pf.,.. 118)4. 110 118), 118
Utan Copper 87, 87J4 87)4 87)4
Va-Caro Chem, ...4354 4454 42)( 42)(
a ituu, uov u...... oi.
Wabash 13)4
Wabash pf A ,. 48
Wabash pr It 20H
Wells Fargo Exp.. .,,,..120
West Union Tel 00)4
West K &M 01
Western Maryland 20)4
Western Ma) land pf.,., 47)4
Wheel ft Lake Erie 4'
Willys Overland..,.,.,,. 47
Willys Overland pf 104
Wisconsin Central.,., ., 60f
WoolwwUKW 138
Worth in rap pf II , ,, 6054
Quoted ei dividend.
60 65 68
13)4 1355 1355
48)4 4854 48)5
2GU 205 i 20)5
125 125 125
065f 00 0051
ClU 01 Ollf
2051 20H 20),
44 41 44
4 4 4
48! 46J 4.7K
104 104 104
47)5 4754 47)5
137)5 137)4 137)5
00 00 GO
Great Gain In Sugar Exports
WASHINGTON, Sept. 11. More refined
sugar was exported from the United States
Curing the first seven months of 19U than
during the whole 26-year period from 1810
to 1914, The amount was more than 1,000,
000,000 pounds, according to the Forelsn
and Domestic Corpmercj Uureau. The value
of the exports was t ,ooq,qqq. The 146,
009,000 pounds exported during Jul alone
were more than the amount exported In
1011, Hi:, 191J and 1914. ' .
CURB LEADERS SHOW
RENEWED STRENGTH
Traders Attach Most Import
ance to Midvalo Steel, Which
Makes Good Advance
NEW TOrtrT, Sept 11. The most Im
portant feature of the trading on the Hroad
Street Curb today was the display ot quiet
strength In many of the lending Issues, In
dlcatlng absorption ot those stocks and a
better appreciation ot their Intrlnslo value.
The trading was not large In many Issues,
but this was chiefly due to the fact that the
floating supply has been steadily depleted
at what many Interests assert to be unrea
sonably low levels.
Most Importance was attached to the
manner In which Mldvnle Hteel was takn
without any special news. That stock
opened at CS and advanced to 67 H. and on
the upturn the demand Increased mate
rially. American International Corporation sold
at 65 to (SH; tlaston, Williams and Wig
more rose from SO to 61, and Submarine
was traded In at 40 to 40U. International
Arms was tho most active of the low
priced stocks, moving up from 19 to 21 H.
Tho Standard Oil Btocks continued their
upward movement, with I'rarle Oil selling
at 412 to 420. Illinois ripe Line at 180 to
111, Standard Oil ot California at ."91 to
235 and Standard OH ot New Jersey at 632
to 631. The Independent oil stocks were Ir
regular, Sinclair Oil declined from 30 1 to
illi, whllo Oklnhoma Producing rone from
7H to7T4.
United Verde Extension was the most ac
the of the mining stocks and rose from
40U to 41 14. The motor stocks were quiet.
Chevrolet dropped from 198 to 190 nnd
United Motors, after selling at G3J, declined
to 62)t.
JNDlISTnlAI.S
11 M
Aetna Ksploalvea t 11.
Amenrnn.jinuin auk
American
Canndlan
ttarcont
uar Co .........
00 rrd
Chevrolet Motors
Curttae Aeroplana
Kmeraon 1'honoirraiih
jlaikell tt ilarxer Car
tfendeo Mfr ,
Kathmltnn llronKe pfd
Maslm Munitions
Manhattan Transit
Midi ale Steal
Oil levator
l'eerlca Motors
l'oole Knit
M H Kr'-t- vr I
Standard; Motors
Htrombenc Motora
Klutz Motora
Rubmarln lloat
Trlanale Film
United Motora
United l'rnnt Sharing
U H I, II torn
do prd
White Motora
World Film
STANDAHD OH,
Illinois 1
Ohio
l'rnlrl" I'lna
H (I rf California
H o or New Jraey
B O of Naw York
iy
..HI
..111
.. 10.,
.. DM
., (n
:: .3a
. . XII
.. 114
4
I; I
STOCKS
1811
'.fill
210
l'0'i
nsj
14
OTIIF.lt OH. HTOCKM
Coaden Oil 12U
Conden Co 1(1
Inter l'otrol In1,
Houston Oil 13
Mldvreat lleflnlnK , 04
Mapulpa Itennlns- ' 8'i
MINING STOCKS
Atlanta II
llutte I'oi'per & Zinc r.'i
llutte N Y 1
Cerro da l'aaco..... .1.1
Flrat National -Ili
Florence (loldfleld .. 47
(loldfleld Merger 7
llecla Mining .1
Howe Hound r,'i
Jim Dutler 811
Jumbo Extension Kll
McKlnley Uarrah on
Marma Copper lll'i
Mlnea Co ot America as
Nlplaalns 7a
nan xoy
Ht Joaeph Lead
Weal F.nd Conaolldated
'Whit Oaka
BONDS
Terro tie
Mldala Ila
Ituaalan Uvia
Aaktd
1-J
L'o
Vi
4(1
:m
jo
?sj
L'lH
u.1 .
IP
724
4IJH
its
i'sa
um
son
n.ii
j;o
13
17
llll
111
30
r
CL'
U
S 1-11
la
.... l'l'i
.... 01
.... 4
....lit,,
.... H.'i'i
....luoil
8H
41
llll
lilt,
,1
104
7(1
SK
113
100S
RAILROAD EARNINGS
MINNEAPOLIS. BT. TAUL & ST. 8TE MAIUE
101(1. Inc.
July groia I3.088.eos (I30.100
Net
Chicago Ulvlalpn
July arroaa
Net
850,400
043,1'
1,112.(187
4S4.70J
179.207
128.447
CHICAQO. INDIANAPOLIS AND LOUISVILLE
Flrat week September., tins. flu 8 SO.402
From July 1... 1,012,030 210,015
Sales in Philadelphia
H'f'';
SSTfc
IITT
SIM
3sVt
H
45
OtH
03 M
13H
10i
70
10
4S
7Mi
03
SJT4
40
to
TJ
.
100 11014 IV
10 Anac Cop, s
ion n s t c. sm
10 J a Ilrlll 3H
10 Crucible St 3U
300 Cam Iron. 454
to C M A Rtl 9tH
4tt Klee fitor. . (i
100 Key Tel .. 114
3tt3 I.k Sup Crp 11
10 Leh Nav.. 7H
10 Ih Val... 70
as 1, v Tr pf. 4ty
t Mlnehlll .. 07 54
t North Pa. 03
013 Tenna It 11 50 ',4
10 Phlla Co
cum pref 40 40
335 Phlla Blea U14 2 ml
700 I'llT tr cfs 30V4 to
84 I'hlla Trao11 17
100 Itay Cons. ts4 Z3m
ORO Heading... Ill
SO do 20 pf 41
boo Ton Del.. 4V4
ISO Ton Mln.. i
4 Union Tiac 4IT4
00 Un (1 Imp SH
S1SS U 8 Steel. 104 102
100 Va Car Ch 434 43f,
to West niec IV4
3 Welfbach.. 41
iwjta,, so
sis Cramp & H so
10 York It pf 37
Ex dividend.
IIONDS
ltlah. low.
S1000 A n&Kl 68 II UO
"300 KfcV Tr 4s St 80H
.inoo li V gen 4s 00H 004
10000 fa. co gen
4Hs ...1014 lOl'.t
1000 do cons
4 Us ...10(14 104T4 104T4
13000 l'hll El 4s 81'i 844 ''
Dccrenae. Increase.
Net
Clote. clure.
SIH A
S1V4 V.
US
8314 4 1
43 V
otH
tt
1314 W
11V4 V.
78
1 "4
V.
tt
43
S1V4
OS
8SH tt
tt
tt
tt
ttt
tt
47
44
894
41
Untt
fll',4
41
so
S.1
37
47
44 tt
s
4114 tt
8n v.
lOtli 94
43-4
oih
41
BO
81
37
Clone.
VA
8014
00V4
10114
Net
chge.
tt
Local Bid and Asked
Hurt tr Sua
do prd t
U Ilrlll .
t e
Ilaldwln
Kleo Htoraico
Uen Aaphalt
do ptd
Keyatone Tel
do t o
do pfd
I.akfl Hup Corp
l.eh Nav
I,eh Valley
Leh Val Tr
do pref
renna
I'hlla i:iea
I'hlla Co
do S per cent ptd. .
do per cent ptd.
P It T
do t e
Iteadlna
Tonopati Itel
'lonopan Mining ....
Union Traction
IT laa lmb
IT H Hteel lilt
York llwy 11
do pref 37
IVm Cramp t c 8.1
Today PMurday
Tlld Asked Hid Asked
niv, .. m r'j
wis r,S 6" nT..
3 3Nrt s 3a
K1V4 Mi JH h.1
iki 7 111 nn
J 2lt 2 30
194 w 70
18J4 13' IS, 14
l.lii 184 13H 14
IlH (III lll 0!)
11 11U KiH 11
7(1 7(lt4 7.lS 7(1
7 704 7UU 70
21 211 l.'(IH 21
43H 43V4 4-'H 41
(i.'i' Ml Ml no
2S 2H 28(i 2S'4
81 3V X 3H
37 ! .37 80 ,
411 -tll'4 40 40V4
20 SO'fc
1104 11S
44 41
HHS M)
1II4H
14
2(1 . SnW
1111 1114
4 7-10 4 ;
41;
37W
34
UH
10.K
37
bSVi
r,C
4.1
ss'l
lull!
14
S714
80
Spot Wheat Easy at Liverpool
I,IVnnrOOL, Sept ll, Spot wheat was
easy today, with No. 1 Chicago quoted at
14s 7d, a decline of Id; No. 2 red winter at
14s lOd, a loss of 2d; No. 1 Northern Man.
Itobn, 14s lllid, a drop of 2. Northern
Manitoba 14s lOd, a loss of 3d, and Northern
Manitoba 14s 9d, a decline of 2d. Corn was
steady, with American mixed unchanged at
10s Glid, while plate showed a gain of
lid at 10s 8V5d. Flour was -unchanged at
62a3
Selected Securities
OP
Proved Merit
Bend for Circular
MELLOR & PETRY
Member. &$rg8
338 COMMKRCIAT. TRUST 1II.I10.
16 SOUTH BROAD STREET
wp.Ti.mtfT SHIPMENTS FROM WEST
TO EAST CONTINUE TO SHOW GAI
Car Supply Is Still Inadequate Money Conditions Ar1
jiasier AwiiviKjf ",,"'f:" r -w
Stock on LocarChange
OITtclals of railroads operating eastward
from Chicago and St Louis report that "St
bound shipments are considerably eawler
than recently Teporttd and that the car sup
ply Is still inadequate. There has been , no
particular change In the business 'tu&ton
In this territory during recent weeks, and
on account of the extreme activity at the
mills and Industries other than Iron and
steel, there Is added surplus all the way
around.
Westbound business of the roads con
tinues heavy and Is now larger than at any
time during the last year and a half.
Southern railroad officials report a some
what heavier general trafTlo there, being a
gain of about 12 per cent over a year ago.
Miscellaneous tonnage has Increased to the
extent of about 10 per cent., coal shipments
have been reasonable and general merchan
dise tonnage has held up well. These roads
aro feeling the short car supply, owing to the
slow return ot empty cars, principally of the
box tpc. . ... ,
Money conditions all Itirough the West
gle evidence of some further easiness In
rates. JJankers look upon the future with a
degree of anxiety as to what the course
of tho money market may be. It Is very
probablo that between now nnd the end of
the year temporary fluctuations will be
seen In rates from time to time, but there
is little likelihood of any permanently
higher rates being seen while bank reserves
nre so high, the Inflow of gold so steady
and the Federal banks maintaining such
largo resources.
Manufacturing and Industrial lines ap
pear to have sufficient ready capital for
meeting all their immediate requirements
from current Income, enormous returns
from exports now furnishing ready cash
In the majority of instances. Borne banks
report a moderate volume of grain paper
coming on to tho market, but It la of com
paratively small volume compared with
uhat usually makes its appearance at about
this season ot the year.
Attention tn the trading on the Philadel
phia Exchange today was divided between
United States Steel common and Lake Su-
R A
-a eTll
PUBLIC SERVICE
SECURITIES'
Public Service Securities
are a lien on Vie success of
communities.
C In making a purchase of Bonds for
investment there are several underly
ing requisites which are more nearly
adequately met in good Public Service
Securities than in any other class of
investments.
C, "We specialize in good Public Ser
vice Securities.
C, At the present time we have a par
ticularly attractive list yielding from
554 to 67.
G. Wc will consult with you either
personally or by mail regarding them.
BeJten Aylitg 8..birvg
Land Title Bldg. Philadelphia?
KHtafeo.
DANKER3
and
nDnvea.
Oth & CHESTNUT STC, N. E. Cor.
Members of Phlla. Stock Eirhm,.
Direct wire to New -ork
perior worporanon, win stocks ahovu.
gains as compared with the last priced
Saturday. During the morning nearly m2
shares of the latter stock changed haili?
while more than 3000 of the former Zj
vuiu. A.v. .. .,u .,cn iu account aw
the activity In Superior. In the afterniZ
Runerlor lost part of the mnmi. '." I
Heading, which made another nJi. .. I
mark In the late trading on Saturday 2I
one of the weak features, losing ntarlr i2l
points In the morning trading, Several 1 I
sues were sold at unchanged prices. nLi I
them being Philadelphia Electric. Pen!?I
, nln nsllrnnd nnil PMlart.i..i.i. il-l
Transit iruii ceruncaies.
a!
Exempt from
N. Y. State
and
Federal Income Taxes
New York City
Bonds
at the market
Full particulars on request
TheNationalCity
Company
1421 Chestnut St.
New York
Philadelphia
Boston
mmmi.
INVEST IN MORTGAGES
AT 5.4
Recommended by
BEN T. WELCH
1328 Chestnut Street
Frazier 6- Ga
INVESTMENT BANKERS
Broad and Sansom SU.
WANTED
Syracuse Gas 1st S's
REED A. MORGAN & CO.
WKHT KNO TIIU8T 1ILDG,, rtllLA,
Membera of the l'Mla, Block Exchaara
BOND SALESMEN
An establlahed tnveatment houae. deall&r h
bonda ot the hlaheit grade, require! addllUui
aaleamen having eatabllahed clientele In JMr
York Htate or l'enmvlvanla. Remlea mar be ii
dreaaed to XV. II.. rare lludolpn (Juenther atV
Agency. 23 Broad St.. New York.
Save Your Private Property'
from liability for bualneea obllsatlona br he
porattng your enterprlaea. Wo furnlah chlflm
under laws of all Utatea at email expense.
Corporate manual mailed frea on reqvwt,
U. S. INCORPORATING CO,
FINANCE IIUILD1NO. VUILADELTOU
UHMlj UVIiltTHmMISNTM
USE" IWTATK Olf tUKx- T. fAKli.it, UK.
sssr eaaeae) Loiters laataBuatary wo te
atv.Ma.ts Uaylag bsan granted to M10 Ba4r.
atfoe. all peraono titdaMed to tbo said oatato
aria, reouaated to make pernaot. ajMl .!M
atJtiarT T. badbbub,
"" eaeaar
esajBsrss7iajoesra;ses OV "
WUKTtUY tr
A
22!f 22X U'J)!lli I SBaSBVTCaSBllSBSBBa.SBSBS
13811 mWAS .,utenvlM-nus2-Kr;e.-.r
fir ft-fflraH 0ut ofi an Quinary H '.
m ISM M JImlW-mmBKk steaming kettle came H '
fsn IL- "smBKsM James Watt's vision of
27 27) i I IV rn jMMjBjTrejiiirnrTv rnriirfl : riffi iTayrr iivwiin-tr .r1? infiTir" WjlQL'seWaWwaJiWsBlsWsBSBeael 1 j. SBeaeV
S" t'fliV -i 'SmlfmSm a new era m locomotion. B
131 131 iivnwV . ? . " id SMmBSSSsBSlBSm Only tlio plan of a dreamer but ibiH
' w I03. llfcr-- rFP7 i ' MHHsHfSB what possibllitiesJ-what power in a
40K co' jnyfe. rni.Mrflly j&js&F' YAHrsH!$iijJs3 sinBle itlca tllBt couW revolutionize H l
no), Ji85SKffiag?Wr5?' stzlWt " ? SJr7'V$lLWKSBtil&Miim .'.:.,i sbHW . :
1131X114 mMMWms&&i -y MMWMmSSmMB.m . What possibilities in Ideas for your '
:oh son fflsmv&tMtiiimffil r ''JyMilMW).WkWSKa9M business if you but follow the example sB
m. mH Wr.rnmmMffl M,JfWfmmM0MmmmWm of thousands of shrewd business men tt
aw Wi W&!ilMimMM!f0JWr' AhWmlmm MeWM8BmMfflBi who today are gaining from the pages B A
i-u iSJ- BWlWffilfS of Systesi the actuating plans and H J-
w l5 7 i .mMMfMj methods from business everywhere. '
M mHlwWM Alba Johnson, President of the H )
40-i I 1 vMk 'Affl.&&' .tfYvsYat&tffiffi Baldwin Locomotive Company, gays; B f
mmwiifSit HIb9I "?-b,avo goltcn ,-idca9 s -
102 MWwMKMmiWlmllJiWl .. 'MfMyLmJPtBW!IL which arc suocestivc and interestlnre." alliH .
WmtuXEw&If'SM WMjVmSM mP shouldn't you, too, fiain by B
iWWtBrnWAS) M MBBmSB atchmg Smai-tome fortune- H
SW7riHfjlWVX& WssWHHBiHWMrH niakingidea, perhaps atleastascore .
ffilf.WfiWtflj'JirSm -rfSBKSf&BBmlm ofknacksandplansandmctliodsevery B
! MHmttM Is. s&JKMSiWBmBM month that will cut your business H
rS-lgSSV uiiJMMLWkmMM ''" li'ffsffWP'ii fWJ C03ls anJ nro suro to makc your iH '
. "'BtsS carnmgs grow.
&&&$Ws Get ScP,le,:cr System today at H
-f ; y i jWBJoI jMILMIilltl "" ' ' 'fffssm " ?"? J'' u aw, i j oul mdi to
11 r.mjmmB(w .j , i m
umssbjm ntm AagsMaaas atisssSMisssssssssssssssssssssssssssaessssssssssSB.'sk ".umrf xuuumk. . "mvdr.is.iBr 3gsa
tfU MM- aoaxAlS fWUfi 4WsfP, ''"''selslissssilsaSssslssiesssils, '',k"iasettSLjl
... it . l,lswssslsalsWssi'wat fTgfJ
&uin4!iVbB4M S ' "afer I